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FEB l 1943 MONDAY ct ommezcial an Ilog. Volume New Number 4147 157 STATE U. S. Tat. Office York, N. Y., Monday, February 1, 1943 AND CITY Price 60 Cents a Copy DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS Deland—Through Dec. 1, collec¬ had come to $51,880 of the $71,000 due. tions In This Issue Delray 60%, Corporation News State and 18. of the City News roll QUOTATIONS New York Stock tions in beating that half November, records of in the Exchange Lauderdale—80% collec¬ were Securities the at end of the first days following the mailing of notices. period that 70.5% 76.88% in complete Miami—Ended 2-9, 12, 15-17, 22, 23, 25-28, 30, 32-35, 37, 39, 42, 64, 65, 43, 45-47, 50, 51, 67-85, 87, 89, 90. The serial Series numbers bonds B are O. Panama City), Fla. (P. 13, Palm Beach 80.71% a new the 31, record. fiscal year in — Receipts the end at were of Novem¬ ber, totaling $426,000 of $528,000 due. Bond Issue Details—In connec¬ 56-58, tion with the previous report in these columns of the exchange of of the said 1-5, 7-29, 32- The serial numbers of the said bonds new learn we that described are as the fol¬ Refunding Water Works & Sewer lows: bonds dated Sept. 1, 1937 are 5, $262,000 4V2% bonds. Due Aug. 7-11, 13, 14. 1, as follows: $12,000 in 1946 Holders of the bonds should and $25,000 from 1947 to 1956 incl. present them for payment at the National City Bank of New York, 160,000 3%% bonds. Due Aug. or at the principal office of the 1, as follows: $10,000 from Eufaula Bank & Trust Co., Eu¬ 1957 to 1969, incl. and $15,faula, Purchased call the with Jan. 20 of — or 1970 and Interest payable Tuscumbia, Ala. tion in 000 Bonds In Florida connec¬ tenders public improvement on re¬ funding bonds, the First National Bank of Birmingham, sinking —Taxes are (State of) Reported being paid into Flor¬ un¬ precedented promptness, accord¬ and depositary, reports ing to Allen & Co., New York, $12,000 bonds were pur¬ which issued the following data chased at prices of 64.48 to 74.58. on the subject: that Sarasota California Toll Bridge Authority, Calif. To Redeem Bonds— City 3y2% November new $858,000 or was — Has above collected year beginning ago. of the fiscal year. Fort Pierce—The highest per¬ fiscal centage in years reported; 64% lot and the first two months of the new March 1, fiscal year. The San Francisco Bank, as agent, has drawn by called for redemption on 1943, $858,000 4% San FranciscoOakland Bay toll bridge revenue bonds, bonds for at due Sept. or portion 1, 1976. Such thereof called redemption will be redeemed of the principal amount 106 % Auburndale—Half been checked off the roll by Dec. Clearwater—Collections had City E. Jones, Commission, will receive sealed bids until 2:30 Island Authorized—The on Feb. 11 for the purchase Board bids No for less direct than The bonds par are obligations of the city, se¬ the operation of the city's Bond turers Trust Bonds or at the Jan. 25—v. been 157, to and John 298—were p. & Co. 100.43 .... Co., Inc., Blr.iv & of Michigan Corp., & Co. and Daniel Stuart & Inc., First Mullaney, Ross F. Rice- & Co. Co.. charge. of the bonds bid for payable A certified check for to order of the City Treasurer, is Newton No. 127, III. Bonds Sold—An issue of National Kansas $38,800 judgment funding bonds was pur¬ chased in 1942 by John Nuveen & C.ty, 100.55 . . KENTUCKY Ky. Benton, Bonds Sold—An ion of counsel, 100.152 lien se¬ a on light and power system and valid constitute will and the bonds are statutory mortgage the municipally-owned by bid of 100.20 for 13/4S made was $50,000 Sale Details—The $39,000 Bond 3% Sold—The Warrants price of 102. and 3y2% works water rev¬ refunding bonds previously enue loan warrants offered purchased by the Bankers Bond 157, p. 209—were Co. of Louisville, as reported in awarded to the Security Bank & v. 157, p. 298—were sold to the Trust Co. of Vincennes, as fol¬ company at a price of 103.60, a lows: $25,000 due July 1, 1943, basis of about 2.89%. at 0.625%, and $25,000 maturing Frankfort Housing Authority, Ky. Dec. 30, 1943, at 0.875%. The temporary Jan. 20—v. National Bank of Vin¬ bid 1% the for $50,000 total. Property was 19 that housing exempt from taxation in the State. Cresco, Iowa Bond Offering—E. will Clerk, until for the bonds. 7:30 P. sion A. Hoopman, receive M. on sealed Feb. 15 purchase of $11,500 sewer Dated Feb. 1, 1943. Due May 1, as follows: $1,000 in 1944 1954, and $500 in 1955. All bids shall specify the rate of interest and all other things being equal Prop¬ Appeals ruled on Jan. property of municipal commissions IOWA From Exempt erty Tax—The Kentucky Court of rendered was in The deci¬ a test case involving the above-mentioned authority, in which the Louisville Housing Authority also partici¬ pated. The Circuit Court had pre¬ viously held that the Franklin County Tax Commissioner could to the bid of par and accrued interest better, specifying the lowest in¬ rate will be INDEX Quotations: Page New York Stock York Curb New Exchange. Exchange Exchanges given prefer¬ ence. Principal and interest pay¬ able at the City Treasurer's of¬ fice. The city will furnish the ... 441 457 State and City Department: approving Community High School District Co., 100.06 Bonds City binding obligations of the city, refunding bonds of¬ payable solely from revenues of fered Jan. 20—v. 157, p. 121—were the system. Legality approved by awarded to the Fletcher Trust Co. Chapman & Cutler of Chicago. of Indianapolis, as l3/4s, at a price Bond Call—The above issue was of 101.14, a basis of about 1.64%. sold to refund at a lower interest Dated Jan. 15, 1943 and due Jan. rate an equal amount of outstand¬ 15, as follows: $18,000 in 1952 ing 3%s which have been called and $19,000 in 1958. Second high for payment on Jan. 1, 1943, at a or required. and $37,000 City 2% Trust & jointly 114% Co., 100,16 100.10 100.09 Bonds and Warrants Awardad— bids out Bank electric by decree of the Cir¬ nished the successful bidder with¬ Oo Harris Trust & Savings Bank, Chicago Northern Trust Co., Chicago..., John Nuveen & .Co., Baum, Bernheimer CO., and Lathrop-Hawk-Herrick Co., jointly.,,, cured Vincennes, Ind. > and Legal opinion of Thomson, Wood & Hoffman of New York City, or a duplicate thereof, will be fur¬ & • Nuveen Halsey, cuit Court of Duval County, Fla. confirmed Bonds Rate Bid Stuart the „ Inc. Manufac¬ validated IVA% Bidder— Halsey. issue of $80,r City Securities 000 2%%' and 3% electric light Corp. of Indianapolis, as 2s, at a and power revenue refunding price of 101.287, a basis of about bonds has been purchased by J. 1.89%. Dated Feb. 15, 1943 and J. B. Hilliard & Son of Louisville, due $27,000 on Jan. 1 from 1945 at a price of 103.176. Dated Jan. to 1969 incl. Among other bids, 1, 1943. Denom. $1,000. Princi¬ also for 2s, were the following: pal and interest (J-J) payable at Bidder— Rate Bid the Bank of Benton. In the opin¬ Blyth & Co., Harriman Ripley & Co., awarded Co., New Yo'rk City. have 298—were also bid for 157, p. follows: v. $675,000 sew¬ plant bonds offered disposal age cennes office basis of about in Sale—The American urer's a Ind. the city, real and personal. They are registerable as to principal and payable as to principal and interest (M-S) at the City Treas¬ 1V8S, at a price of 100.40, 1.05%, as reported cago, as For Corp., Indianapolis. 1959. to the First National Bank of Chi¬ Small-Milburn Chicago Sanitary District, $145,000 re¬ awarded recently bonds INDIANA by the Indianapolis Bond & Share will be considered. Bids—The Other funding For terest coupon $200,000 not to exceed 4% in¬ refunding bonds of 1943. Dated March 1, 1943. Denom. $1,000. Due March 1, Wichita, Kan. as of bet¬ Daytona Beach plus accrued interest to the re¬ Report was demption date. The bonds called 90% all in on Dec. 30; $78,000 for redemption must be surrend¬ being still out. of Secretary ILLINOIS are levied of Commissioners has approved an issue of $200,000 voting machine terest ahead, totaling $174,July 1. — been 11. ter than 4% 399 since Bonds electric light plant and by pledge of the entire taxable property in ida municipal treasuries with 65% had Jan. 3. on Jacksonville, Fla. from F-A. Local Tax Collections Augustine—71% Bond Offering—Earle P. M. taxes County (P. O. Rock Island), III. The cured by the net revenue derived 1971. fund agent CALIFORNIA St. collected $422,000 highway refunding bonds with the holders of the original indebtedness, 81, 83-154, 156-171. 21. Dec. on valorem against all taxable property situ¬ ated therein. Legality approved by Chapman & Cutler, of Chicago. East standing of the following issues, principal office of the Collection Punta Gorda—The largest single dated Sept. 1, 1937 and payable Agent, The Chase National Bank month's income in years was re¬ Sept, 1, 1967: 4^2% series A re¬ of the City of New York. ported, $20,000. funding bonds, 4V2% series B re¬ Tampa—80% of the roll had funding bonds, and 4%% refund¬ FLORIDA been collected during the first ing water works and sewer bonds. Bay County half of the tax year, The serial numbers of the said $1,386,000 are ad direct obligations of payable from unlim¬ were together with all interest on Nov. 30 with a $61,000 collec¬ coupons maturing on or subse¬ tion increase, $3,500,000 having quent to the redemption date at been paid in since July 1. Call—Ruby D. McEach- the principal office of the Pay¬ ern, City Clerk, announces the ing Agent, Bank of America Na¬ call for payment at par on March tional Trust and Savings Associa¬ 1, 1943, of" all bonds now out¬ tion, San Francisco, or at the bonds ited KANSAS The bonds a ered Bond A district Dec. on thereby establishing Series full and the of Miami Beach—Collections Eufaula, Ala. are the had been paid. assessments (See Index Below) Payable airport construction bonds. at the Dis¬ or bonds. two-month Miscellaneous incl. 1952 Co., Chicago, Rock Chandler 10 to trict Treasurer's office. Myers—$45,000 had been to Clerk-Collector Charley paid 1944 at the American National Bank & Fort Gainesville—Advises ALABAMA from Trust expected of the $654,000 due by Dec. 31. Out-of-Town Listed Markets Unlisted Dec. the beginning by many years. Exchange Curb in taken reports came Fort York Had was fiscal year. new $57,325; — of $56,618 Eustis—Clerk its New Beach total a November Co., Chicago, at par. Dated June Webster City, Iowa 1, 1942. One bond for $800, others Proposed Bond Issue—Petitions $1,000 each. Due Dec. 1, as fol¬ are in circulation calling for an lows: $2,800 in 1943 and $4,000 election on an issue of $65,000 Dividends Declared and & must be a ppinion Cutler, of so of Chapman |Chicago, and all bids conditioned. Enclose certified check for $1,000. Other Stock Unlisted Securities 462 467 Bond Gen. Proposals and Negotiations. 433 Corporation and Invest. News. 436 Payable 468 Redemption Calls and Sinking Fund Notices The Course 468 of Bank Clearings Foreign Exchange Rates 472 471 THE COMMERCIAL A.FINANCIAL-CHRONICLE 434 not levy taxes the Frankfort on projects—v. 157, p. Kenton County (P. O. Covington), Ky. foreport of 2Va% airport bonds to a group headed by Seasongood & Mayer of Cincinnati— v. 155, p. 2138 — was never conthat is since 1928. series A summated, as the Federal governNote Offering—Charles P. How¬ ment, decided to assume, cost of ard, County Treasurer, will re¬ the entire project, The sale 1942 ; of during the $200,000 ceive sealed bids Bonds Vanceburg, Ky. Sold—Walter, Woody 8c Feb. for 2 the until 11 purchase a.m. on at dis¬ of $750,000 notes. Dated Heimerdinger of Cincinnati pur¬ 5, 1943. Denominations to chased recently an issue of $110,- suit purchaser but not smaller 000 3%%■■electric light, heat and than $5,000. Payable Nov. 5, 1943 count Feb. power at revenue cently reported. refunding bonds at Second the National of Bank bonds. against $15,000*132 in gasoline ra¬ tioning were felt in December when the collections dropped to $877,978 as compared to the $1,$13,205,605 1941. The 357.240 minnesota of 2Vz cents. of the funds did not poration, 0.54%; National Shaw,mut Bank, 0.55%, and First Na¬ tional Bank of Boston, 0.56%. Bond ... ;'v!. the clude Call—Oscar Eckman, Di¬ rector of Finance, announces 3 anticipation and National First of. taxes for Feb. 3, Dated year. due < Dec, 31, Bank f 1943, of at Boston. Legal opinion of Storey, Thorndike, Palmer & Dodge of Boston. NEW JERSEY Belleville, M. J. Tax Collections Rec¬ Set ord—Collection of 91.68% of taxes levied during 1942 est in the . town's was the high¬ history, Mayor Williams, who is also revenue and incl. 1951 M-N. monthly take ported. 3 Sargeant's re¬ $1,347,975.31 of the Treasurer showed port ■ ■ . Town 1942 levy was received, 630.53 still uncollected. with $86J- Total re¬ the town during the amounted to $1,958,702.86. ceipts year State for the and St. Louis, U Bond Offering providing the budget as discussed the Town Commissioners on Jan. 26 is not s u b stantially Mo. Louis Nolte, changed, according to press re¬ receive ports. "■ '; scaled bids until 10 a.m. (CWT) Palmyra, N. J. on Feb. 16 for the purchase of Bond Call—Edwin A. Griscom, $600,000 coupon airport bonds. Dated March 1, 1943. Denomina¬ Borough Collector-Treasurer, calls 1943, tion $1,000. Due March 1, as fol¬ for payment on March 1, general refunding lows: $66,000 in 1948 to 1954, and $92,000 4 V2 % 1, 1936, in $138,000 in 1955. No bid at less bonds, dated Sept. denoms., and maturing than par and accrued interest will $1,000 be considered. Award of said Sept. 1, as follows: $1,000 in 1943; from 1944 to 1948 incl; bonds will be* made to the high¬ $5,000 — Comptroller, City will , est bidder better or bidders at par or the lowest interest rate on from 1949 to 1954 incl., in 1955, and numbered respectively in order of maturity $10,000 and $6,000 named, in any multiple of % of from 3 tb 94 both inch. The bonds 1 %. Principal and interest (Mcalled constitute the amount pres¬ S) payable at the Guaranty Trust The bonds, Co., New York. These bonds are ently outstanding. with all subsequent maturing coupon bonds, registerable as to attached, will be re¬ principal, or as to principal and coupons deemed at par and accrued inter¬ interest, and are exchangeable est, at the First Camden Nationat lor fully registered bonds in any denomination of not less than Bank & Trust Co., Cafnden, or, at $10,000, as may be requested. Fully registered bonds may again be exchanged for coupon bonds iri the denomination of of payment The full $2.00 faith, per credit $1,000 on thousand. and re¬ of the city are pledged to sources' the punctual payment of the prin¬ cipal and interest of these bonds, which payable from the are ceeds of Interest an pro¬ unlimited ad valorem tax, authorized by the State Con¬ stitution, to be levied upon all the '/'/ '.J--., ■; . that previous high was in 1941, whep 88.53% was collected, it was re¬ by : to director, reported to the Town Commission on Jan. 26, The revenues Missouri price of 100.78, a basis of about 1.86%. Due $1,000 on -Nov. 1 1945 the in finance highway safety Nutley, N. J. highway depart¬ ment as well "as the three coastal May Cut Tax Rate Four Points counties—Harrison, Hancock and —The town's tax rate for 1943 Jackson—which participate in the probably will be $4.40, a drop of special Seawall fund. four points from last year's rate, patrol a from loss feel the effect of the tax loss in¬ . Pontiac, Mich. ■ affect . Boston, 0.487%; First Boston Cor¬ the for this purpose. In addition to the counties, others to . i tax. of $325,000 , . State $55,000,000, of highway bonds have priority over . MICHIGAN the Since funds in the Certificates at 7 until - , of 1943 1942 . .. Bank in current December, The December decrease amount¬ Alexandria, Minn. ed to $479,262 while the loss for Bond Sale—The $44,000 coupon the 12-month period totaled $1,airport construction bonds offered -794,527. Jan. 22—v. • 157, p.; 210—were The reduction materially af¬ a warded to Park-Shaughnessy & fected the disbursements to the Co., St. Paul, at a net interest counties which share in the sum cost of 1.31%. Dated Jan.!, 1943, , National in received , the Central Hanover. .Reoffeped^'B.;'-;;M^ Co., New York City. Lein, City Clerk, * will receive Board of Administrators of the sealed bids. until Feb. 15 for: the! Legality approved by Ropes, Gray, Charity Hospital of Louisiana Best, Coolidge & Rugg Of Boston. purchase of $4,900 not to exceed at New Orleans (P. O. 4%- interest certificates ' of :• in¬ Somerville,. Mass. New Orleans), La. debtedness. At the* original of-; Note Sale—The issue of $500,Offers $100,000 State Bondsfering on Jan. - 18 all bids were 000 notes offered Jan. 21 was Fred W. rejected. ■: Matthews, Secretary^ i awarded to the First Boston Corp., Treasurer, announces that the Hopkins, Minn. \ J at 0.52% discount, plus a premium Board will receive sealed bids Certificate Sale —The $23,000: Dated Jan. 21, 1943, and until 2 P, M. on Feb. 5 for the of $1. certificates of indebtedness bfr due Nov. 9, 1943. The Second purchase of $100,000 State of fered Jan. 22—v. 157, p. 210— Louisiana 2 % % series G pension National Bank: of Boston, next were, awarded. to Piper,' Jaffray bonds. Dated April 15, 1939 and highest bidder, named a "rate of 8c Hop wood of Minneapolis, as 0.537%. 7 ; /. due April 15, 1951. All bids must ttis, at a price of 100.76, a basis be at dollar price per hundred and Swampscott, Mass. of about 1.36%. Dated Jan. 1, must specify if for all or part of Note Offering—Town Treasurer 1943, and due on Jan. 1 from 1944 the bonds offered. In the absence will receive sealed bids until 11 to 1953 incl; Second high bid of of such specifications, the Board A. M. on Feb. 4 for the purchase 100.42 for tes was made, by' Al¬ reserves the right to prorate at discount of $100,000 tax, antici¬ lison-W illiams Co. of Minneapolis. awards on a basis of equality of pation notes, due Jan. 14, 1944. New Dim, Minn. price. .* ■' Wellesley, Mass. Bonds Voted—At an election on MAINE Note Sale—The issue of $200,Jan. 18 the voters authorized an 000 revenue notes offered Jan. 26 Augusta, Me, issue of $65,000 municipal airport Note Sale—The issue of $300,- was awarded to the Wellesley bonds. j" 000 tax anticipation notes offered National Bank, at a discount of St. Martin, Minn. Jan. 25 was awarded to Goldman, 0,4189%. Dated Jan. 26, .1943. Due Bond Sale Details—The $7,000 Sachs & Co., New York, at 0.46% Oct. 29, 1943. Other bids: First discount. Dated Jan. 27, 1943 and Boston Corp., 0.419%; Bond, Judge road and bridge bonds purchase^ last November: by the Allisondue as follows: $150,000 Sept. 30, & Co., 0.42%; Frederick M. Swan Williams Co. of Minneapolis—y. and $50,000 each on Oct. 8, Nov. & Co., 0.429%. ■ ,!■ 156, p. *2178—were sold as 2s, at 8 and Dec. 17, 1943. Other bid¬ Second effects of sued 1941. Bank & Trust ders: bids sealed . . or receive the drop for the 12- Collections in 1942 amounted to price of 104, a basis of about Boston, or at the Chase National and due on Jan. 1 from 1946 to 2,91%. Dated Jan. 1, 1943. Inter¬ Bank of New York City. Legal¬ 1958 incl. Bonds maturing after est J-J. Denomination $1,000. ity approved by Ropes, Gray, Jan, 1, 1952, are redeemable .on 3Due Jan. 1, as follows: $4,000 in Best, Coolidge & Rugg of Boston. that date or on any subsequent 1944, $5,000 in 1945 to-1950,. $6,interest date. The next highest Norfolk County 000 in 1951 to 1954, $7,000 in 1955 bid, figuring a net cost of T.32%, (P. O, Dedham), Mass. to 1958, and $8,000 in 1959 to 1961. was made by Harold E. Wood & Note Offering—Ralph D. PetBonds maturing in 1959 to 1961 Co. and J. M.Dain & Co., jointly.. tingell, County Treasurer, will re¬ shall be callable for redemption ceive sealed bids until 11 A. M. on DeKalb County • V at the option of the city, upon 30 Feb. 2 for the purchase at dis¬ (P. O. Smithville), Minn. J > days' notice, at 103 and interest, count of $450,000 notes issued in Proposed Bond Issue —A .bill on and after 1947. Principal and anticipation of taxes for the cur¬ has been -introduced in the State. interest payable at the Guaranty rent year. Dated Feb. 2, 1943 and Legislature to validate ah issue of Trust, Co., New York. Legality to due Nov. 10, 1943. Denoms. $50,- $50,000 county building bonds.. be approved by Chapman & Cut¬ 000, $25,000 and $10,000. Payable ler, of Chicago, ! at the First National Bank of Bos¬ Fergus, Fallsr- Minn, i ■ '[ ton, will P. M^ on Feb. 2 for the purchase at discount of $100,000 notes is¬ small percentage month period. > a louisiana Increases prior 943 inauguration of the rationing program was ' the reason for the to . , Sale Not Consummated— Bond 62,000 series 2 bonds, Due Nov. unobligated cash in the treas¬ 1, as follows: $10,000 in ,1948 of Middlesex County in the to 1946, $5,000 in 1947. to 1949 sum of $304,155.41. This balance and $7,000 in 1950. ; is the largest In many years. This balance, it was said, is the Bond Call—Matthew Carey, re¬ result of careful management by funding agent, Detroit, reportsall departments of Middlesex that the Village has called for pay¬ County. It is especially interest¬ ment on April 1, 1942, all of the ing because the county in 1942 had $62,280 outstanding series B, 1937,; the lowest county tax in 14 years, refunding bonds and $158,000. of was ury 299. Monday, February holder's option, at office of the ugh Collector - Treasure^. Registered bonds should be ac¬ B o.r o companied by duly executed as¬ signments or transfer powers in blank. : ■ Township Fire District No, Raritan 3 (P. O. Fords), N. J. Bond Sale Details—The 4% fire tional $10,000 equipment bonds pur¬ 1942 by the Fords Na¬ chased in Bank of Fords, were sold at par, are dated Jan. 15, 1942 and following numbered series B MISSISSIPPI taxable property in the city. mature $1,000 on Jan. 15 from refunding bonds of 1934, dated These bonds are part of an au¬ MASSACHUSETTS Coahoma County 1944 to 1953 incl. .: : ; March 1, 1934, due March 1, 1964, thorized issue of $4,500,000. De¬ (P. O. Clarksdale), Miss. -v.J' and subject to prior redemption, Beverly, Mass. livery of the bonds will be made Bond Sale Details—The $100,000 NEW YORK Note Offering—John C. Lovett, have been called for payment oh at the City Comptroller's office City Treasurer, will receive sealed March 1, 1943, at par and accrued 13A % refunding bonds purchased on or before March 5. Purchasers Buffalo and Fort Erie Public Bridge bids until 11 A. M. on Feb. 3 for interest, and will be redeemed at in 1942 by a group headed, by will be furnished the legal opin¬ Authority (P. O. Buffalo), N. Y the purchase at discount of $300,- the National Bank of Detroit. The Herman Bensdorf 8c Co. of Memr ion of Charles & Trauernicht, of Bond Interest Charges Covered 000 notes issued in anticipation of bonds were selected for redemp¬ phis, as reported in v. 156, p. 1563 St. Louis, approving these bonds In 1942 To Redeem $40,000 —were sold at revenue for the par, are in $1,000 current year. tion by lot as provided in resolu¬ as* valid arrd binding obligations Bonds—The following account is Dated Feb. 4, 1943, and due 'Nov.-, tion authorizing their issuance. denoms., and mature Oct. 1, as 1 of the city. Each bid must be taken from the Buffalo "Evening follows: $1,000 from 1947 to 1949 5, 1943. Nos.: submitted„ on a form to be fur¬ News," of Jan. 27: 60, 62, 63, 81, 93, 107, 117, incl.; $20,000, 1950; $27,000 in Gloucester, Mass, nished by the City Comptroller. 169, 179, 191, 208, 238, 250, 293, Although its 1942 revenues were 1951, and $50,000 in 1952. Inter^ Note; Sale—The $800,000 rev¬ -Fuelose .a certified check for 1 % 335,; 355, 392, 401, 425, 461, 463, est A-O. j. of the! par amount of bonds bid 21% below 1941, the Peace Bridge enue notes, offered Jan. 27 were 474, 489, 542, 545, 598, 601, 620, last year had an operating profit, Lawrence County awarded to the Cape Ann Na¬ ~ for. payable' to the City Comp¬ after 627, 648, 708, 716, 725, 729, 754, operating expenses of $255,tional Bank of Gloucester, at 769, 859, 915, 924, 964, 966, 969, (P. O. Monticello),'Miss. troller.' r:'« :• 559, which more than covers an¬ 0.448% discount. Dated Feb, 10, 974, Bond Sale Details—The $75,000., 1017, 1033, 1069, 1070, 1089, nual interest charges on its bonds, NEBRASKA 1943 and due $600,000 Nov. 15, 1093, 1148, 1196, 1205, 1213, 1218, 3% refunding- bonds purchased in amounting to $166,272, the annual 1943, and $200,000 Feb. 1, 1944. 1228, 1234, 1237, 1270, 1306, 1312, 1942 by Lelarid Speed & Co. of Columbus, Neb. report of the Buffalo 8c Ft. Erie Other bids: Merchants National 1380, 1412, 1434, 1454, 1459, 1465, Jackson, as reported in v. 155," Bonds Sold—An issue of $5,200 Public Bridge Authority showed Bank of Boston, 0.45%; Glouces¬ 1583, p. 690, are described herewith: i 1702, 1V2 %. Paving 1722, and 1727 at District No. 17 today. ter National Bank, $600,000 at $1,000.00 each. , $50,000 courthouse bonds. Due bonds was sold to Green way &. However, after other charges, 0.438% and $200,000 at 0.487%; Oct. 1, as follows: $2,000 from Co. of Omaha. Dated Jan, 1, 1943. such as interest, taxes on Ft. Erie St. Clair Shores, Mich. Gloucester Safe Deposit Trust Co., 1942 to 1956 incl./and $4,000 One bond for $200, others $1,000 real estate, and depreciation, there Bond Sale—The $220,000 re¬ €.472%. each. Due Jan. from 1957 to 1961 incl. 1, as follows: was a "deficiency of income" for funding bonds offered Jam 19— 25,000 bridge bonds. Due Oct. 1, $1,000 from 1944 to 1947 incl. and the Leominster, Mass, v. year of $28,993 compared with 157, p. 210—were awarded to as follows: $1,000.from 1942 to $1,200 in 1948. Interest J-J. Note Sale—The $500,000 rev¬ a 1941 net income of $57,723. Op¬ Barcus* Kindred & Co. of Chicago 1956 incl..-and $2,000- from enue notes offered Jan, 26 were on a Dakota County bid of 100.01 for the bonds erating revenues compared as fol¬ ; the . — . .. , . . ■ * , . - awarded Bank count. of to the Boston, Due on First at Nov. National 0.45% 5 and dis¬ Nov. 1957 to to bear 3% 1945; 2 V2% interest to May thereafter to Nov. 1, 1945; 3% thereafter to Nov. 1, 13? 1943. The Second' National 1948; 3^2% thereafter to Nov. 1, Bank of Boston, next highest bid¬ 1951, and 3%%. to final maturity. der, named a rate of 0.45%, Net interest cost basis of 3.434%. incl. of (P. O. Dakota City), Neb. Proposed Bond Iss 11 e—The for the bonds, a basis of about 2.99%, - county is considering an issue of The The bonds are non/-call¬ able, dated Feb. ,1, 1943, and di¬ bankers paid- price a 100.088 Mississippi (State of ) Gas Tax Income a Down—Despite 35% reduction in gasoline taxes' in re¬ NEW HAMPSHIRE : •' December, first month of i?as-' Belknap County • rationing, total collections (P. O. Lac'onia), N. H. $158,000 series 1 bonds. - Due Nov.: in Mississippi for- 1942r dropped Note Offering—Ralph C. Kim-; urer, has announced that at the 1, as follows: $8,000 in 1951 off only 12%, Frank Mize, State ; .ball, County Treasurer, announces end of the fiscal year 1942 there and $10,000 in 1952 to 1966. :J Motor Vehicle Commissioner, re¬ that the Board of Commissioners vided as follows: oline lows: 1942 n*<sh'*ato 1041 toils,.,.,....$130,901. $217,621 - M 213.106 22«.8*8 13,086 958 11,654 3,796 4,099 Tclol............... $36M49 $59,000.?%%,' 3% and 3%% funding bonds, . about Middlesex County (P. O. Cambridge), Mass, Has $304,900 Cash SurplusCharles P. Howard, County Treas¬ 1961 1, $460,823 -Ci tickets sold .. Pedestrians Rentals The and misc authority has 619 deposited $40,000 with the trustee, the Man¬ ufacturers & Traders Trust Com- $20,000 of Series A Series A-l bonds, Harry Yates of the panv. to retire and $20,000 of •Chairman • Volume Number 4147 157 authority said in THE COMMERCIAL & FINANCIAL CHRONICLF To As of Dec. bonds and $1,980,000 of Series A-l total of $3,320,000. Mr. Yates said, is to buy bonds to the bonds, or a The trustee, authorized extent of the $40,000 on deposit prior to May 20, 1943. .V If on that date, the funds are not exhausted, the* trustee will select by lot and the authority will \ 'Call-sufficient bonds of the funds selected these exhaust to the hand. on of balance ' ~ Larchmont, N. Y. Note Sale—The issue of $20,000 ■; offered notes Jan. 18—v. 157, p. 210—was awarded to the Bank of Westchester, 0.45% 1943 Larchmont, of Dated interest; due June and Central Jan. 22, 1943. Bank Hanover & at 22, The Trust Co., New York, second high bid¬ der, named New rate of 0.55%. a York City Housing Authority, N. Y. ler, Chairman, announces that the authority will receive sealed bids its offices, 122 City, East 44th St., until 1 p.m. (EWT) on Feb. 4 for the purchase of $2,750,000 notes, comprising six New York series as follows: $350,000 series 1, $400,000 series 2, $500,000 each for series 3, 4, 5 and 6. The notes will dated be mature New Bond York Issue Would 1943 and Moore (State of) 40-Year Maturity Comptroller. Frank Jan. 27 $600,000 Common tional First is¬ an of $56,000 bonds to provide for sue each Bank the to of National First Na¬ department building Yonkers, and the terest Dated Bank Denominations of Boston. Dated Jan. of outstanding cer¬ payment The State * millions submitted of debt service charges. asked for dollars in Mr, Moore statutory * Bonds Re-Off erred—The cessful bidders for Bond at Ohio Call—The urer-was Town authorized to authority Marine Trust Co. 100,05 for 1.30s. to of . , 1, water works Dec. 1, 1970. Troy, N.Y. .;">,/ V. Bond Sale — bonds The $400,000 offered of Mortgage between the%city and the Cleveland Trust re¬ Jan. 26— 302—were- awarded p. Indenture Co., Cleveland, to trustee, as dated of March as , lature and debt limitations governmental Jan. 27 units in the incl. was Bew- '• , the, limit of, 10% teal estate taxes shall be on based the average of the "last on 'Rate \ Childs & Co., John Nuveen* ' Bid ■- 165,000. & Weigold,; and Stevenson E. H. & Co Rollins Burr, and & B. - Van Coffin & v - J; r 2%%: 100.15 c;' ; 100.14 & Ingen setts 2 Utica, N. Y. - Securities Added Massachu¬ to List—The municipal obligations of the city were added to the ments assessment rolls four - The i . of purpose the Bewley- Younglove bill is to require local taxing authorities to take into ac¬ count "corrections, modifications or July 1, 1942, list of invest¬ legal for savings banks in Massachusetts as of Dec. 28,1942, according to the 21. Bond the been subjected rolls have review. The assessment to described ples rolls upon which taxes are ac¬ tually collected would reflect re¬ ductions resulting from certiorari Plains, 100.10, ments. and adjustments compromises of protected - .. New assess¬ Bills bf $25,000,000 Sold—An revenue issue bills was sold by allotment to various local institutions on Comptroller rick. The Jan. Joseph bills bear McGold- 0.55% on Commercial awarded 1, from Second high 1943 1950 bid to This of was followed p. Michigan Corp., 100.53 for 1.90s. ■ registered % $7,600 bonds. Due , All of the bonds . the funding bonds offered Jan. 124—were awarded Paine, Webber, Jackson & Cur¬ of Cleveland, as iy2s, at par plus a premium of $13, equal to on . basis of about thorized the mission dated Dec. are 011 or order on Dec. 1, at Works au¬ Com¬ to issue $1,400,000 bonds they can be marketed acceptable rate of interest. an . SOUTH works DAKOTA Mitchell, S. Dak. ' Sale—The $135,000 water Bond bonds offered Jan. 25-r-v. 157, p. 213—were awarded to the Mitchell National Commercial Bank, Bank Trust both the and & Savings of Mitchell, jointly, price of 101.908, a 1.57%, dated Jan. 1, 1943, and due as follows: $7,000 l%s, at as basis of a about from 1946 to from 1954 incl, and $8,000 1963 incl. 1955 to TENNESSEE Sevierville, Tenn. Bond Call—R. B. Duggan, City Recorder, announces that the fol¬ lowing series A electric system revenue bonds, dated Sept.: 1, 1939, Nos. 26 to 39 both inclusive, maturing on Sept. 1 in 1946 and have 1947, ment been called for 1, March on the Co., New 1943, Chemical Bank & Trust pay¬ at York City. Denom. $1,000. Tennessee (State of) Bond Issue Bills In Legislature —Measures currently pending in the State legislature validate a se¬ ries of local lows: issues bond foW as Fentress County, $40,000 funding; Hou'ston County, $17,000; Loudon, $60,000 funding; Roane County, $2,166,000 funding and refunding. TEXAS Mexia, Bond Truett interest payment any Water provided ing thereafter. Texas Call—City Treasurer J. R. announces city called 3% for to that the follow-^ bonds 5% payment are March 1, and accrued interest, at the non-optional bonds, due Chase National Bank, New York 1948 to 1960 inch, were priced to City: water works refunding, yield from 1.10% to 1.90%; the Series 1, of 1935, $176,000, part 2%% optionals, due 1961 to 1969, of an original issue of $208,000; were priced at 113, and the-2%'% refunding, Series 2, of 1935, $399,optionals which mature in 1970 000, part of an original issue of Bonds Publicly Offered — The on at par 23/4% were offered for investment at ;; 110. Other for the - $492,000. Due Bids—Second bonds was high offer an Dated March March 1, 1935. 1, 1975. bid WASHINGTON of Denom. Clatskanie People's Utility District (P. O. Clatskanie), Columbia County, Ore. Int. Rate Mount ; Premium Wright, L. the Due $4,000 Sept. 1, Financial Yonkers, N. Y. Certificate Sale — Robert C. Chronicle 20, at 0.50% (Reg. U. S. interest, Patent as 1945; $5,000, 1946 to 1950 incl.; $6,000, 1951 to 1953 incl.; $7,000, 1954 to 1956 incl.; $8,000 from 1957 to 1963 incl. and $9,000 from 1964 to 1967 bonded debt of the NOVA — Existing borough is SECTION SCOTIA Halifax, N. S. Bonds Sold—An issue of $825,retired cinnati 1*2 % $ 7.17 000 21/2%, 3% and 3V2% improve¬ Seasongood & Mayer, Cihrby 1957. Of the $397,000 total out¬ ment bonds was cinnati purchased re¬ 12.95 1%% standing in 1937, there is now an Ryan. Sutherland & Co., cently by a group composed of Toledo 12.50 1%% unpaid balance of $287,600. The Provident Savings Gairdner & Co., Frank S. Leslie Bank & borough paid off $16,000 bonds at Trust Co., Cincinnati.,.. 13.68 2%% & Co., both of Toronto; F. J. maturity on Jan. 1 last and re¬ Brennan & Co. and Cornell, MacFrazeysburg, Ohio cently purchased a further $7,000 -Bond Offering — Homer A. bonds, according to report. In ad¬ gillivray, Ltd., both of Halifax, at Sharp/ Village Clerk, will receive dition to its debt retirements, the a price of 99.817, a basis of about sealed bids until noon on Feb. 13 borough is operating on a cash 3.36%. Due serially from 1944 to J. A. White • . & Co., Cin- scheduled to be completely .. follows: for the purchase of $8,000 4% fire basis, water and light bills are 1963 incl. Office) William B. Dana Company, Publishers, 25 Spruce Street, New York. BEekman 3-3341. Herbert D. Seibert, Editor and Publisher: William Dana Seibert, President; William D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising Issue) with a statistical issue on Monday]. Other offices: Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1943 by William B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States and Possessions, $26.00 per year; in Dominion of Canada, $27.50 per year. South'and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia and Africa, $31.00 per year. NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds. as in CANADIAN Carmel, Pa. Reduction Debt Other bids: of PENNSYLVANIA 1, Bidder— • Offering—J. $1,000. follows: Board. of Di¬ rectors, will receive sealed bids at incl. Principal and interest (M-S) 1225 Yeon Bldg., Portland, until payable at the State Treasurer's 5 P. M. on Feb, 24 for the pur¬ office, or at holder's option, at the chase of $175,000 41/2% electric principal office of the Chase Na¬ tional Bank, New York City. revenue bonds. 1.44%. 1943 and due $950 March 1 and Sept. 1 from 1944 to 1947 incl. for tender. of ■. '., ;x a Jan. Dated incl. First 1956, date Bond to on Hemphill, value in inverse Secretary judg¬ tis White 1963 by ; any¬ 21—v. .157, p. 100.837 by the Sale—The ment and. due of made was . desired. 26 and of F. re¬ to payment to than 157, to .the-Peo¬ "Bank 1960. Conneaut, Ohio Bond 1.80s, at. a price of basis of about l;792%z 100.17,- Jan. 1 v. is /%'•"' re¬ Montgomery, City Comptroller, and reports that $1,200,000 certificates and of indebtedness were sold on Jan. April 29, 1943. and Jan. in inter¬ are $15,000,000 as a Dated City by dated Jan. 29, 1943 mature $10,000,000 April 22 est, detail 16291 where other- owner, "" $165,000 B. > 28 D. ■, cases one *;:^- Noyes & Co. and Grunthal & Co. York, N. Y. ' Revenue The Jan. on - Plains, N. Yi — National 1.90s ... . in 212—were bill would provide that the final proceedings, Sale " _, ; made funding bonds offered Jan. customarily are after Commissioner , White reductions" in computing these limitations. Such constitutional changes Bank revenue . of assignment and transfer ments in bulletin issued by a — * Legals and the C. Authorized » -«■ %, /,V 1.90% Sons, J. Co. preceding rolls" of each county, city, town and village. completed Issue 109.646, made by a syndicate com¬ Selah'Moxee Irrigation District 17500, $1,posed of Blyth & Co., First Bos¬ (P. O. Selah), Wash. 210,000.1 Due March i, 1962. ton Corp., Lazard Freres & Co., Bonds Sold—An issue of $117,Said bonds will be paid on or Stranahan, Harris & Co., Inc., F. 500 3% refunding bonds was pur¬ after March- 1, at the Cleveland S. Moseley & Co., First Cleveland chased by William P. Harper & Trust Co., Cleveland, or at the Corp., Ry£n, Sutherland & Co. and Son of Seattle. Guaranty Trust Co., New York Hawley, Shepard & Co. Third bid City, at par, plus a premium of of 109.609. was entered by a group WEST VIRGINIA 5% of par, plus accrued interest composed of Smith, Barney & Co. to date called, on presentation and Grafton, W. Va. and R. W. Pressprich & Co., and surrender of said bonds with all Proposed Bond Issue—The City associates. Halsey, Stuart & Co., Council recently passed an ordi¬ coupons maturing on and after Inc. and Lehman Bros., and others nance redemption date. Coupon bonds bid 109.349. providing for an issue of registered as to principal should $160,000 4% coupon hospital rev¬ be accompanied by proper instru¬ enue bonds. Dated Sept. 1, 1942. OREGON , .Bacon,„ 15125, $1,- Due March 1, 1961. Bonds Nos. . velt 14001 to Due March 1, .-Bonds Nos.' 15126 to 16290, $1,- /Int. % Rate - Bonds Nos. 125,000. Co., and Sherwood & Co... .a.80% (100.11 George B. Gibbons & Co., Roose-i / ■.. '' '•» local indebtedness and the 2% limit % yield; from to. & The sponsors explained that the hew Constitution, adopted in 1938, that ' • C. P. Association of Real Estate Boards. ; prices Bidder • . required at 1.25% to 1.70%, according to ma¬ turity. Other bids; ; ley, of Lockport, chairman of the Senate Taxation Committee, and Assemblyman Joseph R. Younglove, of Johnstown, both Repub¬ licans. The measure is strongly indorsed by the New York State -on The bankers re-offered the bonds Legis¬ Senator William by Greenville, S. Bond Dillard, City Clerk-Treasurer, ports that the City Council Buffalo, ■'A Bond Call—Director of Finance 1, 1938, and those maturing on f ■;: Dec. 1 from 1961 to 1970 incl., are Joseph T. Sweeny announces that pursuant to the provisions of the subject to call at 102% of par ; remaining in the light fund. SOUTH CAROLINA for 1, 1942, and Resolu¬ Stuart & Co., - Inc. and Co., Inc., jointly, as. 1.70s, tion No. *21-43, the city .will re¬ 500,000 less in interest charges, he at a price of 100.069, a basis of deem and pay on March 1, out of averred. about 1.689%, DatedFeb, 1,1943 moneys in the Sinking Fund the Bill Would Clarify Local Debt and due on- Feb. City- of * Cleveland 1, as follows; following Limitations—A bill designed to $60,000 from 1947 to 1949 inch Transportation System Revenue clarify the application of consti¬ and $55,000 from 195Q to 1953 bonds aggregating $3,500,000: tax total of $7,000 water and Treas¬ call Blair & local a ■ Bethel, the investment general tional Bank of New funding period.. A forthcoming v. 157, issue, if placed on a 20-year ma¬ Halsey, turity, would cost the State $2,- introduced regularly discounted and there in Jan. $122,000 in 1957, $125,000 in 1958, $129,000 in 1959, $132,000 in 1960, $136,000 in 1961, $140,000 in 1962, payment on March 1, 1943, elec¬ $143,000 in 1963, $147,000 in 1964, tric1 light plant and power bonds $151,000 in 1965, $156,000 in 1966, Nos. 43 to 48, in the total prin¬ $164,000 in 1968 and $169,000 in .V" ' ; cipal- amount of $6,000. Denom. 1969. $1,000. Due $2,000 Sept. 1, 1948, $166,000 21/2% first mortgage suc¬ re-offered prices to yield from 1% to 1.30%, according to maturity. ;>.* Next highest bidders for the is¬ sue .were as follows: C Chase Na.- maturity tutional In¬ 1943. . issue State bonds, at his discretion, for less than the present 40-year to 1, „ ■ the bonds. Jan. $1,000 and $500. 1, as follows: $500 in 1945, $1,000 in 1946 and 1947, $500 in 1948, $1,000 in 1949 and Due York,. Harris suggestions to the Chairmen of the Trust & Savings Bank, and North-land $2,000 March 1 and Sept. Senate.and Assembly fiscal com¬ ern Trust Co., Chicago, 100.07 for 1949. mittees which he said would save 1.30s; Barr Bros. & Co., Inc. and Cleveland, Ohio on J-J. 26, 1943 and due April 26, 1943. Legality approved by city Hawkins, Delafield & Longfellow has an unused borrowing "margin of New York City. 1950, $500 in 1951, $1,000 in 1952 of $1,600,000 and ' its present and 1953, and $500 in 1954. Bid¬ bonded debt is $827,000. NORTH CAROLINA On the ders may bid for a different rate basis of a recently completed ex¬ of interest in multiples of 1/4 of Tyrrell County amination of the qity's; books, a. 1%. The bonds will be sold to (P. O. Columbia), N. C. State official declared that, the A Bond Call—County Accountant the highest bidder for not less city's financial condition compares H. par and accrued interest. S, Swain announces that the than favorably with any city, of com¬ county has exercised its option Enclose a certified check for $100, parable size in the State, accord¬ and will call for payment on payable to tlie village. ; ing to statements contained in March 1, at par and accrued in¬ Toledo, Ohio press reports of Jan.,27. :, terest, the following 5% refund¬ Secondary r Issue Offering — A Syracuse, N. Yi v.-. ing bonds: .. .: * syndicate composed of Braun, ; Bond Sale—The $1,100,000 cou¬ Road and bridge, .Nos. 1, 2, 7, Bosworth & Co., Toledo; Fahey, pon or registered general refund¬ 11,12, ,17, 19 and 21, $3,000. Clark & Co., Field, Richards & ing bonds offered Jan. i 28 were School, No. 3, $1,000. Co., and McDonald-Coolidge & Dated awarded to a syndicate composed March 1, 1938. Due Co., all of Cleveland; John Nuof C. F. Childs & Co., Glore, For- March 1, 1948. veen & Co., Chicago; Hayden, Holders of said bonds are re¬ gan & Co., Merrill Lynch, Pierce, Miller & Co. and Merrill, Turben Fenner & Beane, A. G. Becker & quested to present them with & Co., both of Cleveland; Mar¬ Co. and Newburger, Loeb & Co., Sept. 1, 1943 and subsequent cou¬ tin, Burns & Corbett, Inc., pur¬ all of New York, as 1.30s, at a pons.; attached, to the Chemical chased via competitive bidding price of 100.082, a basis of about Bank & Trust Co., New York from the Prudential Life Insur¬ 1.291%. Dated Feb. 1, 1943/^De¬ City.-* • ".. ance Co., Newark, on Jan. 26, a nomination $1,000. Coupon form, block of $3,000,000 bonds, at a NORTH DAKOTA registerable as to principal and price of 110.577, a basis of about interest, and not otherwise. Due Melby Special School District No. 1.89%. Sale consisted of: $2,834,$110,000 on Feb. 1 from 1948 to 15 (P. O. McHenry), N. Dak. 000 2% % first mortgage water 1957 incl. Principal and interest Bonds Sold—The $10,000 school works revenue bonds. Due Dec. (F-A) payable at. the Chase bonds for which all bids were re¬ 1, as follows: $96,000 in 1948, National Bank, New York City. jected on Sept. 28 last, were later $98,000 in 1949, $101,000 in 1950, Legality approved by Caldwell;; purchased by the State. $104,000 in 1951, $106,000 in 1952, Marshall, Trimble & Mitchell of $109,000 in 1953, $112,000 in 1954, OHIO New York City. ' ; ■ % $115,000 in 1955, $119,000 in 1956, the tificates of indebtedness. bonds Possible—Measure Amend Limit—State C. Feb. *15, Aug. 16, 1943. .on Bonds—The . Note Offering—Edmond B. But¬ at Issue Council recently authorized 31, the authority had outstanding $1,340,000 of Series A | Rensselaer, N. Y, letter to bond¬ a holders. 435 >i.i'<"■'''' i','.„v. ',.'r * ' i , i, V' L'J 'nH'-tvSdL (.^H./ * i w*Wi 1 ?WH,I f*jy* r /- General RAILROAD Affiliated Lo^d, states PUBLIC UTILITY Andrew J. — addressed statement in a in part: to share- is as follows: We con¬ convertible debentures. These have always commanded a good market, and at the present time are quoted 100 bid. Shares outstanding are about the same number as one year ago—approximately 4,000,000 shares. The asset value per share increased during the year from $2.04 per share to $2.16 per share. Dividends of 14 cents per share were declared during the year, representing a return of 7% on the asset value as of Dec. 31, 1941. Total net assets increased from $18,149,415 to $18,562,587 on Dec. 31, 1942. * Constructive Investment Program.—For some years prior to the spring of 1942 we pursued a most conservative investment policy, retaining a large portion of the assets of the company in cash and have to bonds. Government experienced investment to sense and it to be simply good possible way while the every deflationary process ran its course. Early last year, however, we reached the conclusion that a turn for the better was close at hand. From April on, the liquid funds of the invested. Audited figures show that as of Dec. 31 only a relatively small portion of the Fund's assets remained uninvested. The composition of the portfolio at the year-end was as company steadily were Oscar Dube & Cie, Inc.; Fraser, Dingman & Co.; R. A. Daly Co., Ltd.; Matthews & Co.; Dyment, Anderson & Co.; Fry & Co.; W. C. Co., Ltd. ' ' Invested Yield ' ■■ ■ Preferred stocks Corporate bonds U. Cash other and Average 6.11 Warrant connection Offer—In 2.50 5.79 — with both on the "The 156, p. 2303. excess prosecution is "The such indicated proceeds present working by the fact of sale of the war and program vital factor a in the for for 'After income Co.—Earnings— 1942 279,855 281,361 $279,855 — $522,527 $0.28 depreciation and for reserves $0.68 other expenses than • shares 584,950 Canadian $803,888 —T._._ share common repairs, 1941 $559,710 taxes income taxes. ton of stock,—V, common 156, 1857. p. American-Marietta The the for shares preferred In operation will shares addition, they enable of the the will supply business- in part a intended are to the Net Net provide —V. of sources not only materials raw been business Canada "In will for "Those of naturally the market for the have less no devoted great faith that shall demolish have without dimensions pre-war are believe we "to to wili the after carry, the little cost extent that nothing favorable for Canada of to - 330,128 *$364,466 and June plus cents, Dividend— dividend of extra 10 cents per share were 20 cents the first 15. 15 share per has been quarter of each; cents year-end of 1943, during Payments 25 15, a on the capital to holders of record Feb. 5. on Feb. 14 and Nov. 16, last year, Feb. paid Rolling Mill Co.—20-Cent Dividend— of Feb. record 14 they Co.—Extra 1941.—V. 156, p. 1571. 15, cover of payable each cents 10 Feb. dividend stock trade. than both $10, par on A used are Re-Insurance American the war, or they and "the company should emerge from the war was. before, assuming, of course, that oppor¬ it —- Sept. were 20 15, cents.—V. 10 declared 156, common to holders follows: as cents; the on payable March 1942 March 15 and Dec, 16, 20 1736. p. war. who us also that has created used—and trade 432,918 $284,962 — regular quarterly dividend of 40 cents per share and the stock, ultimate says, as the have isn't, either from employment, in taxes and in international foreign prior to it in strong as tunities were gain states taxes—1 -- directors have declared an Extras and are event," he any least at and the company facilities 694,594 125. p. American The the. subscription agents, President R. E. Powell refers satisfactory results of the 40 years that the company in the and State profit 157, 1941 $6,370,325 ——— post-war to highly taxes-...,-... Canadian the . letter a the is _ before Federal of 1942 $7,205,119 717,880 sales Profits public to participate in largest consumer of power in Canada but also, through its development of Canada's immense, hydro¬ electric power resources, has created a, major industry far removed from which enterprise Co.—Earnings— Calendar Year— that the requirements. capital period. of ; of industry which is Leather & profit Net profit • fEarnings per inventories, accounts and notes receivable, prepaid expenses, deferred charges and plant cash accounts presently aggregate more than $50,000,000. If Southern RR— Continues Purchase of Reserved operations of the company require working capital far of that needed in the past. The magnitude of such require¬ authorities Alabama Great ♦Operating current ments a Bonds— immediate Hide American economy. In unless preferred basis were exercised by almost 1,000 shareholders in May and June of 1942. The average price at which shares were purchased through this offer was $1.83. As of Jan. 18, 1943, the liquidating value per share is approximately $2.31, so that there has been an appreciation of more than 25%. In addition, dividends of 10 cents per share have been paid in the interim.— shares purchase for post-war operation of an is very glad that its counsel have been able to work company 6 Months Ended Dec. 31— the present offering. Regarding the purpose of this financing, the prospectus states that "in offering the preferred shares for subscription at this time the company has primarily in view the need of additional working capital additional facilities to , in In rights Denton, Ltd.; Brawley, Cathers , — operation, year's the & that the consolidated net profit available for dividends for the year 1942 was in excess of $13,500,000, or more than 18 times the annual dividend requirement on the $1.5,000,000 preferred shares to 6.02 "The estimates pany has : (over-all) Burns Bros. product." 6.24 1.07 Co., Ltd.; MISCELLANEOUS - out the matter in this way to the end that it may get forward with the payment of the arrearages of dividends on the preferred stock and release for payment the dividend on th common stock."—V. 157. p. 125. Co.; La Corporation de Prets de Quebec; J. E. Laflamme, Limitee, and Bartlett, Cayley & Co., Ltd, In the prospectus issued in connection with the new issue, the com¬ the 5.08 17.43 — assets--— yield gross ■ 6.60 —— ; Government bonds S. 69.60 > —* %■ ' % . . stocks Common & & an follows: INSURANCE Limitee; markets felt we in assets conserve the securities to war, went deflation, persistent a world the As INDUSTRIAL ■ Harris & Harrison the over-all picture (for 1942) outstanding $10,000,000 4% Statistically, tinue Monday, February 1, 1943 Corporation and Investment News - Inc.—Review of 1942 Fund, President, h alders V. , THE COMMERCIAL & FINANCIAL CHRONICLE 436 lives to our in its the the aluminum American Ship Building Co.—New Directors— industry age future, but unprejudiced many John Sherwin, of light metals is just beginning. unneeded war facilities which we can loss hold-for or which eventualities—and always managed to earn directors. business a Jr., a partner of Pickands Mather & Co. and C.hn T. the Pioneer Steamship Co., have been elected They succeed Frank Armstrong and Charles L. Hutchinson.— 1857. " " Hutchinson, President of V. 156, p. profit for its a shareholders. The of New York, 140 Broadway, New York, N. Y., has been authorized to continue the purchase of first consoli¬ dated mortgage series A 5% bonds due Dec., 1,1943, at 104!/a flat, and series B 4% bonds due Dec. 1, 1943, at 103 % flat, to and including Feb. Guaranty 1943. 15, trust Co. with due coupons All America Cables & L. Radio, Inc.—New Vice-Pres.— Henderson, for the past 10 years Traffic Manager of The Commercial Cable Co. and the Commercial "We such are war and, as require more mcney than we'Ve got, investment in our shares will help ~tcr finance the War-as well as to provide activities preferred additional the American devoting ourselves exclusively to production for working capital certain to be needed if ;the Cable associates Co., has been Radio, Inc. elected Corp., is Henderson Mr. War member a Communications, and Board cable the of International Telephone Vice-President a of the acts and companies of Cable All Committee Cables the between the mentioned above. (The) In announcing the purchase, M. E. Coyle, General Manager of Chev¬ rolet, said that immediate remodeling and rearrangement of the prop¬ erty are contemplated. He said that production at the new plant will be under the direction of the Army Air Forces.—V. 157, p. 214. Act, 1932.—V. 157, . stock, no Co.—25-Cent Dividend— cents value, par share has been declared per payable Mar. to 3 holders \ of charged $85,271 51,632 $73,153 47,151 $84,438 45,313 mtges._ on $96,314 56,108 Sales common record Feb. profit $39,125 $26,002 $33,639 $40,206 5,356 • ———, 8,031 13,913 (incl. ; interest) Real 1942 and stocks_____ income Total Gen. corp. exps. Depreciation Adjust, Loss of Net & taxes - $47,552 26,483 25,528 11,574,596 investment N. on loss 28,211 28,041 454 $16,162 $4,669 $1,579,054 $4,326 $9,558 in 1940 profit from sale of real estate, tAdjustment of investment in the Broad-Exchange Co. (less amount charged against reserve for possible losses of $250,000), as above, $1,574,596. Balance $1,519,373 and and mortgages and real Dec. estate, $2,400,000; cash, 31, at 1942 depreciation of 27,456 $18,197,747 Unearned City real accounts prepaid insurance, preferred stock estate (less reserve of receivable, $380; office $2,511; total, $971,726. (24,000 shares, par), no Losses for taxes $3,723,707 1,031,211 stock (par $5), $660,000; accounts payable, $3,992; $10,080; rents received in advance and secur¬ 155, — „—_ dividend of A 25 cents per share has been declared on the Aluminum Company of Canada, Ltd.—Preferred Stock Offered—An issue of 150,000 shares of 5% cumulative redeemable sinking offered was Jan. 25 fund preferred in $100 per share through the a shares Canadian Subscriptions the being received in each agents (below) registered are subscription such Province and also ized to The A. receive Preferred Ames as so through investment any dealers of in registered and author¬ agents are listed as follows: & Co,, Ltd.; Wood, Gundy & Co., Ltd.; The Dominion Securities Corp., Ltd.; Royal Securities Corp., Ltd.; Nesbitt, Thomson & Co., Ltd.; L. G. Beaubien & Co., Ltd.; Greenshields & Co., Inc.; W. C. Pitfield & Co., Ltd.; McLeod, Young, Weir & Co., Ltd.; Rene-T. Leclerc Inc.; Cochran, Murray & Co., Ltd.; Collier, Norris & Henderson, Ltd.' Co., Ltd. Bell, 'Gouinlock & Co., Ltd.; Mills, Spence & Co., Ltd.; Savard, Hodg¬ son & Co., Inc.; James Richardson & Sons; McTaggard, Han'naford Birks & Gordon, Ltd.; Midland Securities, Ltd.; Eastern Securities Co.' Ltd.; F. J. Brennan & Co., Ltd.; T. M. Bell & Co., Ltd.; Mead & Co!, Ltd.; Kerrigan, MacTier & Co., Ltd.; Societe de Placements, Incorporee! Hamel, Fugere & Cie, Limitee; J. C. Boulet, Limitee; Clement, GuiGairdner & mont, Inc.; Societe Generale de Finance,. Inc.; Lagueux & DesRochers, 25 will be $1, share made Payments to 1 avail¬ these on and June • cents per March 1, Sept. 1 , by the balance of the industry whole."—V. 157, p. 5. as a * J ' ' ' Inc.—Output— for the week of 200,000 200,000 week ___ 95,055 9.42% the over of output 1,000,000 1,000,000 11,272,250 11,685,618 12,544,765 five •Jan. 73,279,900 2- for the corresponding . 1943 1942 72,928,000 " 9— Jan. kwh. weekly output of electric for the last energy follows; years Week Ended $18,197,747 $17,918,691. $1.7,9.70,519 of 1942. Comparative table of 72,666,000 1941 1940 60,199,000 61,369,000 79,691,000 ,73,496,000 53,526,000 44,079,000 54,490,000 45,715,000 1939 J, • \ u ~ 16_ 80,072,000 73,424,000 61,159,000 54,066,000 44,973,000 Jan. Foundry Co.—Court Authorizes Pay¬ Dividend—To Pay $1 on Common Vice-Chancellor Henry 23 80,181,000 73,280,000 62,056,000 53,526,000 46,455,000 •Includes New T. Kays, in the decision a the action The on the on payment counsel as for of The the of I $1 pet last the dividend also made sel distribution to pay our legally to which month common ago the stock, the to stockholders preferred our found court complainant application to the court for of make the counsel are fees in the dividend some time the on counsel amount an of in the case and his allowance to complainant's $1.04 share per the on fees an 18. Sept. A similar the quarters, on 30, an with increase .■■■■* ■ dividend a the of $1.25 per share on $5 prior preferred stock, covering payable March 5 to holders of payment was made in each of the 12 Feb. 1942, 1, 1940 V. Daveler, dividend being the first since Elected—* trustee of Hayden Foundation, and W. W. Cumberhave been elected to the board of directors.— preferred or common stock until wa3 such provides that notice applicationi a amount counsel fees shall awarded to complainant's counsel. It further provides that, having such dividends on the preferred and deposited the amount $1.04 per share withheld from the arrearages of dividends on the preferred, the company may pay the dividend some time ago. on the common declared sugar (& Year and molasses Ended Sept. 30, Expenses on ; • Reserved for (including lands) Net profit 54,038 239,704 301,872 and interest taxes— — Consolidated in bank $3,861; 148,865 $112,638 — (net) 77,495 i. 1 Assets—Cash reserves, 645,695 1 depreciation—— Deduct adjustments relating to prior periods less $1,502,811 readjustment profit for year_ : Balance and on advances 6,836 .. 1 „ funded debt Provision for Cuban profits Net 3,071,610 (net) re $4,555,336 25,921 $4,581,257 (net)— sale of property 1942 ! 1 operating profit, before depreciation Interest Loss - Subs.)—Earnings— Account, Total operating revenue Operating costs (sugar and molasses)- Net be given to the preferred shareholders before the court on March 15, 1943, for the Income Miscellaneous charges , shall Sugar Estates Revenue from other sources therefrom thereon Feb. Revenue from injunction restraining the payment of any declared of ended Consolidated preferred hearing to be held purpose of determining whether and in what be for company compared 1941, Dec. declared have accumulations Antilla $1.04 per share of the preferred, or a total of $301,028, from which latter sum is to be paid such amount as shall be awarded by the court to complainant's counsel as counsel fees. The decree of this as 1, 1937 when $1,2.5 per share was also paid. coun¬ , also • of ago counsel finally, disposed of by the court. "To avoid the delays which would inevitably result from this, counsel for the company and the complainant have finally been able to work out the form of decree signed by the Vice-Chancellor which, in brief, provides that the company as and when it declares the arrearages of dividends on the preferred, aggregating $8:29 per • share, shall with¬ hold of New Directors a declared, and sought dividends for - ( • ending of kwh., month as -land of the Wellington Co. V. 156, p. 2084, 1321. entitled were Nov, E. shareholders they directors quarter preceding . total of $301,028, to be paid out of the arrearages of divi¬ dends due to the preferred shareholders when and as such dividends or 342,315,439 their shares. on a might the record Hardy, President of the company, said: the decision by the Court of Errors and Appeals con¬ firming the findings of the Vice-Chancellor on the dividend question, the company has been most anxious tp have made and entered a final we subsidiaries electric corresponding 31, 1942, power output totaled against 3,343,692,757 kwh. for the same period increase of 13.11%.—V. 157, p. 341: an year, The since that • months 12 the account ■ Charles J. so the American Zinc, Lead & Smelting Co.—Preferred Div. preferred stock dividend, after the reserve for counsel fees has deducted, would amount to $2,098,512.50. « litigation Mr. Unger had won a decree directing the com¬ pany to declare the dividend on its 1936 and 1938 earnings. Pay¬ ment was prevented during litigation over his fee. decree for totaled share The "Ever kwh. 6.72%. For Output Shows Increase of 6.72%— the December of 3,782,149,134 kwh., - signed an order permitting payment shares of common stock. 5(00,000 of output of power month 320,725,810 legal fees to Milton Unger,; who brought B. Cintas of Havana. i ■>■'.' Oscar also court Years. December Electric • New Jersey Chancery Court, Jan. 27 signed an order permitting the company to pay an $8.29 dividend on 289,450 shares of preferred stock, ! The Vice-Chancellor ordered, however, that $1.04 per i share of the dividend, or $301,028, be deposited with the Hudson Trust Co.'pending "Over applications. subscription E. through other dealers Province March 3, of cents W. Hill, Jan. 27, stated in part; "The company's increased cigarette sales for 1942 was almost double ' Shares— declared acting as subscription agents. The selling group is headed by A. E. Ames & Company, Ltd. dividend announced. was each. 75 payable Output of electric energy of the electric properties of this company ended Jan. 23, 1943, totaled 80,181,000 kwh., an increase 839,486 212,750 on par) dealers extra of both Jan, of only, at large syndicate of investment . . - American Car & and ($100 markets it ■ . stock, payable March 25 to holders of record March 1. Payments during 1942 were as follows: March 25, June 25 and Sept. 25, 25 cents each; and Dec. 21, a year-end of 75 cents.—V. 156, p. 2093. The 10. earnings, dividend extra an dividend stocks, - In previous common B American Water Works & Electric Co., $3,173,518 396. p. that attained * 1,000,000 „ Feb. cents of percentage been Alpha Portland Cement Co.—25-Cent Dividend— Up 18.1%— 1942—12 Mos.—1941 George 200,000 —^ quarterly common 1942 were as follows; 75 1, 183,100 / • .. during Dec. declared 27 regular and 1942 182,850 expenses—./ reserve Total —V. . 1,440,530 adjustment and of Jan. on the record of President 1,878,946 $4,102,116 in process of Contingency Capital Net surplus interest payable, ity on leases, $3,182; deferred credits, $4,412; deficit, $2,109,939; total, $971,726.—V. 155, p. 538. 1942—Month—1941 $17,918,691 $17,970,519 1 premiums and 27,179 2,347,015 1,916,392 : and common out issues 16,500 509,403 . . ment * (less cost $91,134; $1; cumulative common York New on fixtures, Liabilities—6% accrued City Sheet, mortgages thereon of $1,135,022), $384,350; securities representing New York City real estate investments and $877,699; $921,261), furniture 589,177 accrued-,.—- able and advances bonds York 16,500 683,259 -27,811 directors share the holders 3,054,384 16,369 collection— „—— Reserve —— • Assets—New rents Liabilities— 3,054,716 estate——.. of deposit and in office on 1940 real on course and Total 1942, $3,322 in 1941, $1,846 in in 1941 2,992,637 — loans Reserve for all other claims. — — •Includes Interest $52,380 World's Y. bonds Fair $34,033 26,024 24,172 $44,481 24,720 24,430 Co.—December Sales 157, p. 5. per on $12,561,279 $11,883,828 $12,484,106 estate Mortgage Cash — - American Tobacco Co.—Extra Dividend of 25 Cents— Co.—Balance Sheet Dec. 31 Assets— 12,174 •Income from other inv. Anderson, Ind. $19,246,568 $16,287,803 $206,562,966 $157,677,475 - —V. 18. 24, Premiums Net Stores Period End. Dec. 31— the on during 1942 were as follows: Mar. 3 and June I, 25 cents Sept. 1, 50 cents; Oct. 15, 75 cents; Nov. 16, 50 cents; and 75 cents.—V. 156, p. 1571. each; Bonds operations Int. plant in Payments 1939 Net inc. from real estate Co.'s American dividend of 25 American Eagle Fire Ins. 1940 Wire & 340. p. American Arch A Dec. 1941 1942 the Jan. 22 that Steel one of great industrial activity.Any such investment should in addition to and not in place of Victory bonds." ' ■ * ' According to the prospects, the new preferred shares, ih the opinion of counsel, will be a legal investment for funds of insurance com¬ panies registered under the British and Canadian Insurance Companies Realty Co.—Earnings- Alliance from Detroit, Mich., negotiations have been completed for the acquisition of the American post-war The Years End. Dec. 31— Co.—Sells Plant— Press dispatch period is & Board Wire & Associated an Chevrolet Division* of .General Motors Corp. announced on be Telegraph of officer liaison as & America Steel According to ■ 4 corporation, Pacific of 1, 157, p. 5.)—V. 157, pp. 5 and 6. (See also V. Forest this June office of 1, 1943, at the principal 1943, and Dec. must be surrendered Bonds company attached. Trust Sheet, Sept. 30, hand, $2,047,111; to planters, $35,143 1942 accounts $133,218; raw receivable, sugar sold • liquidation '(343,261 pending received THE COMMERCIAL & FINANCIAL CHRONICLE 157 ' Number '4147 Volume account, on zation estimated sales . value, less sold pending liquidation,' at bags)," at molasses $2,533,166; proceedings of Associated Gas and. Electric Co, and Associated Corp., and such regulatory bodies as have jurisdiction thereto,- allocate and distribute said securities and other assets to or among the trustee of Associated Gas and Electric Co. and the- company's stantially. Gas and Electric with -estimated sales valueless received on.acCdunt, $80,004; annual-instal¬ ments on lands sold, $23,045; merchandise in-commercial stores; at respect the trustees of Associated Gas and Electric Corp., and total, 'and • $16,152,570. • • proposed $2,120,657;' ac¬ counts payable, $63,823; provision for shipping expenses of sugar and molasses, $127,903; taxes, interest, insurance, etc., accrued, $174,971; provision for payment of, or in lieu of,' accumulated interest on 6%income debentures, $1,279,872; funded debt, $13,919,640; common stock (par $100», $2,440,100; deficit, Dr$5,416,908; capital surplus arising from partial condonation of 20-year 6% income debentures, $1,442,512; Liabilities—Loan • total, from Defense 156,' $16,152,570.—V. Supplies affiliates, in-such proportions arbitration, judioial proceedings, Corporation, the securities of the persons who Ended— Years Net profit oper. Depreciation for soc." j.—^— 468,083 V. tax... 423,734 392,621 342,190 and Fed Gen. for res. Net 750,000 382,193 profit Dividends Shares capital per stock... share—. Balance joint Sheet, 81, Dec. in banks, Utilities Corp. A stock in 97,315 $1.99 f Gilbert accounts machinery able) of E. E. and from 158. of is stock, ments of 25 Oct. and March cents each during Payments 18 payable $1, par 25 were 1 Operating revenues Operating June 22 expenses , 30, Ami. 12,730.132 1, facilities and be-taxed to their serving in limit operations could be expected to be on that our over-all a profitable basis during 1943," he said. There was no discussion as to the company's preferred dividend arrears at the meeting. < In reply .to a question on operations of the Nathan Schweitzer Co., a subsidiary, Mr. Eastwood said that Armour now owned all the stock In that concern and was liquidating the company, "Because of OPA pricing and the loss of steamship and other busi¬ ness due to the war, it is becoming increasingly difficult for the Nathan Schweitzer Co. to operate profitably, and Armour for some time has , the foreseen of discontinuing necessity operations of that company to this end Armour recently "To purchased the Schweitzer family's one- and now owns all the stock. The company liquidation. Armour has invested $155,500 received dividends of $795,600, or about five half interest in the company is now times the in the in our of process company and has investment."—V. 157, p. a stock, payable March 3 common 4,345,000 900,000 27,900,000 7,650,000 paid ry. for & ." Payments 1/ The 2,411,080 846,731 Dr356,676 DrlJ3,663 . directors The share on the March record have stock, The 12. year-end dividend of 50 cents per $1, payable April 7 to, holders of distribution made on this issue was 25 declared common 2,054,404 Rayon the 6% share on per last 24,261.189 11.—V. Feb. stock, 156, p. of 10 cents payable 733,068 156/ share has been per Feb. made were quarterly of dividends directors Electric both 1737. Co.-—Hearing have on Purchase of • : issued an Leland Lyon, committee 9. to Feb. on holders 16, filed by order reconvening a hearing, on the declared on proposes Richmond Light & RR., sidiary, available cash ficient to redeem, to enable such company to have suf¬ at the call price of 105, the entire $1,000,000 first and collaterari trust gold bonds, due July 1, 1942.—V. 157, p. 341. issue outstanding of 4% Associated Gas & Electric Co.—To Compromise 50-year as record and Deo. .21, dividend a Swenehart, created Jan. on appointed Director appointed Director 2303. p. new a been application marized follows: as have entered into agreements to com¬ promise their claims and those of their direct and indirect subsidiaries and affiliates, against Daniel Starch and against Travis, Brownback & Paxson. As part of such agreements (1) Travis, Brownback & Paxson will deliver to applicants-declarants the following debentures of Associated Gas and Electric Corp.: 4Va% debentures due 1973, applicants-declarants The 1978, 5% debentures due 1973, $6,800, and 33/4% debentures due $3,000, which are to be delivered to the trustees of Associated Electric Corp. for cancellation; and the following Associated and Electric Co. stock: 64 shares original series preferred stock; Gas 5 shares $6.50 and of and 1 class share Associated Starch- will dividend series preferred stock; Gas deliver A 13 shares common stock which are to be delivered to the trustee Electric Co. for cancellation; and (2) Daniel applicants-declarants the following securities: stock, and to Electric Co, 4Vfe% gold bonds, due 1953; $3,000 Electric Co. gold debenture consolidated refunding of Associated Gas and Electric Corp. 334% income 1978; $20,800 of Utilities Employees Securities Co. income notes,: due 1981; 96 shares of common stock bf Associated Gas and Electric Co.; 13Va optional stock purchase warrants of Associated Gas and Electric Co., and 40 shares of common stock, class A, of General Gas & Electric Corp. The foregoing securities of Associated Gas and Electric Co., Asso¬ ciated Gas and Electric Corp, and certain subsidiaries and affiliate $1,000 Associated Associated Gas and 4V'a%• series, 1958; $7,000 debentures, due due together with certain other assets, will be "delivered to applicants-declarants. After payment therefrom of the Expenses of investigation, negotiation, - settlement, and distribution, applicantsdeclarants Will, with the approval of the U. S. District Court for, the Southern Distriot of New York, having jurisdiction over the reorgani¬ companies/ 627,161 631,477 604,689 $840,615 $838,941 $914,684 210,805 203,834 67,306 206,483 223,737 47,918 98,162 U0,798 ~81~934 352,331 300,600 307,567 417,598 $233,680 $170,712 $214,092 $191,414 172,235 174,611 178,136 179,193 expenses.--,. losses.. values.. sec. for year__ pfd. div.. at Sheet, and Dec. . 1942 31, hand, $389,068; deposits in banks In option and purchase agreements, on deposits receivable, cost in under $925,728; mortgages, first $162,465; real (less reserve for depreciation), $751,928; participating mortgages, etc., $57,742; securities of City Stores other securities, $3,864,937; investment in and ad¬ bonds, $6,431,087; to banks in $150,005; loans subsidiaries participating and brokers $35,958; Similar last taxes, year. $81,657; 396. p. and affiliates/$1,761,480; treasury stock (27,765 $50 par),. $667,252; due from cus¬ receivable, $1,810; accrued interest deferred charges, $11,080; total, $15,276,540. _./., preferred, and account for expense, $23,325; reserve cents 15 "*< y ; .. vi of of the of 22 that announced public the in relations the relations to 3, Bendix shares be has has service.—V. 12 Mos. End. E. 156, at $30 net Cost of for losses)— fourth 101,929 82,385 is Income (less cost of borrowings)—. expenses for State $501,162 • and 281,808 38,825 56,320 taxes— Minority interests' proportion of loss of subsid— income Dividends preferred stock Consolidated —- Balance construction possessed $242,188; loans, notes $908,253; automobiles, investment deferred charges; and for Liabilities—Bank taxes, and industrial receivables, value Leeper office and $12,802; life of Coal of re¬ $158,297; 040,000 operations $4,977,797. The the insurance and $100,330; accruals, premiums pay¬ $21,439; reserve for amounts withheld of $65,000 101 and Trust Guaranty of them therefor fund will be Jefferson Co., the at sinking Payment and 140 called with time any receive 10-year Fifth Trust Holders render at of interest. Co., redemption the Code During and either 5% of may, I, 1943 the of notes April due June 1, a at made at the Fidelity & Columbia Knoxville, Tenn., or at the New York, N. Y. at 101-and interest to their and above option, subsequent mentioned April 1, present and companies 1943.—V. 157, sur¬ will p, The and from Aviation Capital The SEC Jan. on has Company 19 ceased was Inc.—Liquidation, Etc.— issued to be organized its an 126, in Del. April under the Investment Company Act of 1929. On Aug. 29, 1942 a of .• has registered paid by 157, dissolution was pay added to for possible a materials raw and $13,000 000 so established provide not * was reserves and supplies added to the con¬ wasr set. up.-put of amounted to $30,907,716 as compared with $42,127,091 The estimated cost of completing construction authorized and is allowed Internal Revenue amount provided $13 500,000, as a for of deduction was purposes Code, ■ in 1942 to amortize the cost of emergency which, it is estimated, $8,900,000 will bo for Federal income and excess profits tax 1942. 4th Quarter 1942 $ Net Adopted— billings for prec. this — Prov. for 1942 s 413.266 817 87,597,423 52,596,167 Yoar 1942 Year 1941 $ $ 1,513,391.932 961 2*0 737 222,494,879 162,778,500 9,339,600 5,965[997 5,101.280 1,397,254 9,634,854 8,784,043 72,861,289 42,414,870 176,887,760 119,757,796 67,130.000 charges depl. (incl. 34.970,000 151.500.000 85,3QO.O0O 5,731 289 7,444.870 25,387,760 34,457.796 $1.37 $1.94 $6.31 $9.35 & de- amort.) Net income his 3d Quarter 434.253 554 and other *Prov, new toward the plan will be required of any employee to $250 monthly, according to Herbert Eiscnhart. President. Those earning in excess of that amount may join in a plan in which up to which is * in" 1939 1942. • Total income amounting to 30% of when combined with his social security payments. contribution reserve values certain year to thereof Operating Results for Stated Periods company about a week ago announced the adoption of a retirement income plan under which each. retiring employee of concern will receive for life payments No of the to inventory prices for the 783 as year. which Internal the retirement Section taxes of to issued The monthly added 780 tax expenditures in 1942 for additions and improvements to (excluding facilities to be paid for and owned by the U. S. The total Int. earning under that cash facilities 6. Bausch & Lomb Optical Co.—Pension Plan the credit for debt entitled fourth 1941) year for profits excess the in the 1941 (ingots per p. made for in , provisions of the for all liabilities including of liquidation and dissolution, a first liquidating dividend share was declared and the same is being currently The Commercial National Bank and Trust Co. of New York. —V. accrued of the provided for total expenses $11.25 provision provided or , the Secretary of State of Delaware. After setting up appropriate reserves the taxes refund normal cost, production by of the progress It 1940 certificate for owned as an open-end, diversified, management company. At a meeting of its board of directors held July 21, 1942, a resolution was adopted declaring it advisable that the company be dissolved. At a special meeting held August 26, stockholders consented to the dissolution. income to as of Dec. 31, 1942 (excluding facilities to be paid for and by the U. S. Government) is $39,500,000. expected that of the expenditures aggregating $103.02^:330 for additions and improvements made in 1940, 1941 and 1942 approximately $75,150,000 will be subject to amortization for tax purposes under tha . It for paid The amounts reserve. 1941, in company. 20, charged was Government) finding and order declaring that the investment become market the in properties in company of the beginning as or deducting amount capacity.' attached, coupons trust stock outstanding in the of the year as compared with $9.35 per- and castings) averaged 97.9% of capacity during the fourth quarter, as compared with 97.4% during the previous quarter, and averaged 98.0% for the entire year, as compared with 101.5% for the previous year. Effective Jan. 1, 1943! the rated steel capacity was increased by 200.000 net tons to 12.900.000 net tons, per annum. Current steel production is approximately 99% of the new total 1947 income will become entitled under Section the deducted Steel 1943 the in common additional an post-war after their estimated income. 1, outstanding $2.96 per share for the for the year 1942, after the 7% cumulative preferred stock, on the $3,761,285, 1942 $2,800,000 was decrease to Streets, Broadway, notes June as stock and 1942, before deducting interest and other investment of the corporation $5,000,000 of the corporation tingent for 1942 of the total $110,002,700 of amount included in Avery & Sons Co.—Notes Called— called on amount paid , been of capital stocks and surplus included 1942 with corporation the „. have quarter of 1942. after deducting cumulative preferred stock, is 1941. premium, (which Revenue from borrowers, $39,530; reserve for losses, $107,097; reserve for losses (bulk purchase), $6,632; deferred income, $185,794; minority interests' equity in subsidiary, $62,842; 7%.: cumulative preferred stock, $452,250; com¬ mon stock, $240,310; earned surplus, $420,854; capital surplus, $411,382; total, $4,977,797.—V. 155, p. 2003, / •• ■ y., , . ; y There Report for 1942-r~ provided out of income for the year 1942 for taxes (including the corporation's share of those of partially owned subsidiary companies and ore mining corporations) was $188,- compared $2,864,785; Options Exercised—? common net The share equal to 5.19% the quarter of payable year aggregate in dealers, on 2033. p. 1942... The insurance Co., 156, year. depreciation), for quarter 1941. per the (less total, of $6.31 was used borrowings, reserves to, third represented by bonds, building other accounts $57,625; surrender the the fixtures,, and' automobiles and depreciation); $20,842; able, $6,927; current cash advances land $2,335; furniture other $1,376; in, . public at the end of that quarter as compared with $1.94 for to amount 1942 $3,429,422; on issue During the fourth quarter of 1942 the Corporation redeemed $4,678,000 purchase money mortgage 6%' gold bonds issued by Bethlehem Steel Co., due Aug. 1, 1998, at the price of $1,810 per bond flat. The aggregate 60,487 Sheet, Sept. .30, this on 7% the the on The net income for the year $106,132 14,784 — receivable, fourth on share as year Assets—Cash, the quarter per of $59,499 on that quarter charges, Crl,216 Net share per to holders of record 156, p. 2033. hands of the public at the end $444,261 404,055 - Federal income for income the equal share Provision cents President, states: $1.37 share per $526,647 borrowings:,.,,—.- 20 made last year,—V. 16, Nov. deducting dividends for the year $603,092 _ of were Corp.—Stock share.—V. a for to hands of 9 Mos. End. Sept. 30,'42 Sept. 30,'41 provisions amount 15. and Aviation G. Grace, equal charges and interest earned, and other (less like of Aug. .dividend a value, payable March 3 Bethlehem Steel Corp.—Preliminary Subs.)—Earnings— f 15, May Co.—20-Cent Dividend— declared par Distributions The (& no John L Horty F. and stock, The corporation reports that on Dec. 10, 1942/ Edwin R. Palmer exer¬ cised options to purchase 1,000 shares of common stock at $30 a-share. On the same date William L. McGrath exercised options to purchase 300 executive department, department. new industrial the 4. March v company have directors common Feb. , department, advertising The the per . income total, $15,276,540.—V. 156, 4 dividends $16,500; Gas 1939 $309,995 preferred stock ($50 par), $10,000,000; common stock ($50 par), $3,000,000; surplus, $1,378,457; deferred income, $365,072; dividend payable Jan. 15, 1943, on participating preferred stock, excluding treasury stock, $172,235; loan payable to bank, $200,000; due to customers and brokers, $50,795; reserve for made.on March 1, was of department Automobile Finance Co. Claims Stanley 1940 $207,464 619,532 exps. receivable, common 1. Co.—Organizes New Department— advertising and heretofore Manager (B. F.) and declaration has been jointly filed with the SEC Clarke, trustee of Associated Gas and Electric Co., a registered holding company, and Denis J. Driscoil and Willard L. Thorpr-trustees of Associated Gas and Electric Corp., a registered holding company. A statement of the transaction proposed is sum¬ An by the Feb., of Co.—15-Cent Dividend— declared the joint declara¬ Associated Electric Co, 11,080,953 25 June 10 cents per share, President, has known (less Electric Co, and Staten Island Edison Corp. to acquire $2,222,000 of its own 4V2% bonds, due Jan. 1, 1953, from Staten Island Edison Corp. for a cash consideration of $955,460, plus accrued interest, and Staten Island Edison Corp. proposes to advance the sum of $1,050,000 to its sub¬ tion Associated 21,195,567 , Atlas Powder $151,100; Bonds— The SEC Co., 1941 $213,454 $844,733 shares share on the common stock, payable March ,15 to holders of record Feb., 19. Like amounts were paid on June 15, Sept. .15 and Dec,"'15, last'year, compared with 25 cents in preceding quarters. A special of $i was also paid on Dec, 15, 194i;~V. 156, p. 1737/ " ." . $1.50 and $1.75 per share on the payable March 1 to holders of 7. i 1942 $225,202 1858. p. $51,181; Associated 12,894,803 Dr3,065,622 Drl,813,850 - usual Corp.—Earnings- Belding; Heminway The 1st preferred stock preferred second 7%. record estate, a per share on Nov. 2, 1931. The directors also declared the 748,255 $653,725 sales on Assets—Cash Corp.—10-Cent Dividend— Atlantic Refining < par cents 718,310 $843,109 , previous payment, also Operating Goods Corp.—Resumes Common Div. $1,401,980 61,547 $124,251 ■ vances income 215. $1, par 1940.—V. 1942 were as follows: March 3, June 1, Sept. 1 and Dec. 25 cents each, and Dec. 24, a year-end of 35 cents—V. 156, p. 2004. Associated Dry $1,561,419 58,957 income $66,000; nt it jt.. facil. oper. p. dividend stock, Finance 8. $185,798 $279,517 Balance 20,544,803 distributions dividend of 25 cents per share on the to holders of record Feb, 44,664 $220,560 67,404.252 46.859,449 ■ during 44,946 income Profit 62,947,631 - Period—• directors have declared 20,635 __ Participating 115,108,820 6.452,374 6. Armstrong Cork Co.—25-Cent Dividend— The 256,433 $1,357,316 commissions, Extraord. 1942—12 Mos.—1941 52/161,189 been protect its investment," he said. 253,537 $1,516,473 fixed Taxes the and for lend-lease .shipments," he said. worthy of no^e since the issuing of our Navy changes no 24,104 $165,163 25.078 — loss Operating trustees 1,746,731 157, A statement late in December. believe "I to continue for $1,100,883 20.711 Liabilities—Participating which began of the current fiscal year beginning Army been have yearly f the of "There the ' 4,705,643" equip. Net 1942. "All needs • the since basis Nov. and etc., E. M. Gilbert of 6,756,080 amt. —V. (111.)—Outlook—To Liquidate Sub.— Armour & Co. 1,038,381 $1,262,936 157, p. 215. Int., divs., . George A. Eastwood/President, at the annual meeting of stockholders held on Jan. 22, stated that operations have been conducted on a profit¬ able 1 $5,665,619 $254,439 income Profit 1858. "5,974,052 Atlantic • 71,810 $140,659 (net) tomers and July • 141,672 $233,728 income Bankers Securities is _L required for taxes Of last* year. . "" 711,978 liquidation, Net cents; and Oct. follows: April 15, 15 155, p. 2273. as $1,812,861 calendar Years— * the all oper., revenues— Net Dividend— each.—V. cents $2,301,317 $ the common record Feb/18. Pay¬ holders of to made on were 1941 15, Net as —V. acquire system 156, p. 1942—Month—1941 Operating income , by into Associated capital stock. It is (alleged to consist and taxes), holding-company Electric Corp.—V. Period End. Dec. 31—1 share has been declared on per $212,469 avail, Total the 3,852,758 $375,400 Income interests of 35 cents dividend liabilities proposed in order to eliminate the from 4,468.469 charges Fixed charges y '• Corp. $6,769,786 319,217 merge outstanding the 1942—12 Mos.—1941 $531,686 359,110 Adjust, of . Aro Equipment Corp.—35-Cent (The) A SEC proposed outstanding capital stock which will be retired and common '. 1942—Month—1941 $734,510 _ Atlantic Coast Line RR.—-Earnings— ($50 par), $4,865,750; earned surplus, $3,531,adjusted capital, $4,973,800; total, $18,783,990.— surplus 156, p. •: - of Associated Gas and $1,250,000; capital stock 378; shares '; ■ -Engineering payroll, $161,573; Federal income and excess profits taxes (less U. S. Treasury tax notes, $4,001,540% $106,460; other Federal and State taxes, $378,988; social security taxes withheld, $16,079/ withheld on account U. S. savings bonds, $70,809; general reserve for contingencies, V. and Gilbert The transaction $2,950,000; payable, notes payable to proposes its Engineering Corp. In return, it Gilbert Engineering Corp. be given its entire 10 _ $479,152;. M. M. of . post-war accounts, (less plant reserves of $8,525,739)1 $6,657,850; credit against Federal excess profits tax, $59,000; prepaid $173,655; .total/$18,783,990. ;/ , payable, Corp. or revenues operating Rent (alleged to consist of cash in bank and current accounts, receiv- issue equipment Liabilities—Accounts Engineering sub¬ expenses tax accruals—,— Inc. the summarized is employee from. ry. oper. rev. Ry. M. Gilbert Engineering proposed accrued current cancelled. U. S, savings bonds, estate, real transaction all that 1942 $1,349,435; $8,223,107; process, and its subsidiary, E. the of with filed been the Electric & . M. assets $29,381; debts receivable, $2,291,562; manufactures," merchandise, mate¬ and has of $194,079 97,315 $4.52 $14.07 Gas of completed 20 Net iy. oper. incomeOther income (net) Corp., the owner of all proposed that Associated assume ,48,658 97,315 Ry. report for the week Associated - application-declaration ' rial ' statement E. 486,575 97,315 $9.45 Assets—Cash on hand and above 341.. the that retirement, under operating operating Net - follows: 88,000 $439,629 583,890 Earnings 10.5% Utilities $1,369,711 $919,584 transaction. Electric Corp. output for Period End. Dec. 31— (kwh.% This is an increase of 12,761,512 production of 121,950,274 units a year ago.— Associated 500,000 conting.. proposed have exceed age of 70 or females "reaching 65 Bangor & Aroostook RR.—Earnings— applicants- own, Associated Utilities Corp.—To Merge Gilbert— 214,411 148,000 1,526,000 the . 22, net electric 134,711,786 units Corp. 4,392,000 • ' of of or A State Res. part any trustees of Associated Gas & 157, p. $878,682 214,054 464,059 sec. for Res. , their 12,884,071 $1,194,305 $4,201,959 $6,953,400 subsequent Jan. was units Nov. 30/39 15,125,308 25,896,081 applicants-declarants determination to the including Ry. group Nov. 30/40 Neither account, Weekly Output— / Nov. 29/41 32,343,427 ... to. whose other delivery thereto,, constitutes $30,098,041 $16,319,613 $13,762,754 $39,296,827 sales.., of referred for be determined by agreement, appropriate method. The may or initial R.y. The Nov. 30/42 Sales (Cost the eligible will hold said securities, nor the eventual distribution thereof to such persons as may ultimately be determined to be entitled ended Arlington Mills—Earnings— is will years of service after Dec. 28, 1942, are the plan, but employees may remain in service after their normal retirement date if needed by the company — V. 157, p. 6. their subsidiaries declarants ' 2094. p. transaction of as contribution ^Males'who have attained the those ■ cost, $65,681; working assets and growing cane, $469,532;-mortgages; receivable, $24,412; fixed assets, $10,772,321; deferred charges, $220; a 437 36,267,519 based taxes 3 7,054,707 V - on inccme Net Earns, inc. per for period, share com. ?<wVi 372 Ships— Eugene G. Grace, President, following that the company's program ships. "A ship a holidays," is the new slogan. Bethlehem's schedules called for thIn addition landing 284 out to To terly and that payments year paid Nov. 25.—V. „ , delivered in the country cost.—V. renegotiations." year. V. •' • of pig $745,000,000. . in the the total services. military of • steadily. Mr. Unfilled orders stated in ■ on both $1,513,291,932, to ■ ■ * i ~ . •. of dividend A cents 40 • no Feb. v. 155, similar payment was made on . cents 25 when 1938 ' \ $J00. ' $58.75 ; '• 15 157, dividend interim An cents 157, holders the been Vice-President Kennedv, elected director.—V. a 156, p. Cluett, of 10 cents & Peabody Interest Interest ». ! Net 9.6 C of increase year 145, p. 2384. .• quarterly usual dividend The • company V. 157, 7.IT of increase the over corresponding week last year.— 342, p. of tions " plan of reorganization for the comoanv. by which the using ultimately would own the pronertv free' of encumbrances, submitted Jan. 18 to the Interstate Commerce Commission. . no the Mutual Savings Bank group com¬ mittee. holders of $7 400 noo of the $15,155,000 first mortgage* bonds. It was filed with the ICC and the Federal District Court of Massa¬ The plan •no assent filed the "with chusetts or Nov. advanced was agree 1942, 18, by reservation that the complies •Bankruptcy Act." The using railroads would • after, Nov. Terminal • They 1939. would • pay ca*h left with the Outstanding . would be companv bond3. extended to also See 155, V. also hereto to creditors whose claims pav Federal the State taxes. taxes, CRims arose while of the the usin" waived, but the amounts would working capitals as July parties mat"ve Feb. 1, 1970. with interest 1. 1947. andJulv to be paid 1 1950 by the p. Rentals of the from eoncess'ons bonds.—V. and offices in the building amounting to <nto a sinking fund toward the retirement 157, p. 216. 1,882,240 $4.14 $4.16 $2.89 tion of 50 $1.50 • share per has been 155, and p. payments of semi-annual 1941, 15 V. 15, Sept. and an equip., taxes, ins., , ,.u Notes .... $6,693,770 .• r 8,457,259 8,320,588- 30,580,144 21,034,395, 1 1 22,186,795 20,797,425 • ta'xis-".i—1—13,669,228 stock called "Preferred 29,288, 23,090 • $4,313,311 1,121,960 4,000,000 4,137.593 $5,420,781 1,675,482 3,000.000 9,236.580 27,540 for redempt. 9,411,200 Capital surplus surplus 9,411,20(1 13,733,577 13,733,577 27,388,259 v.. 9,411.200 13,733,577 stock Common 24,150,290 20,130,287 $56,875,468 depreciation and amortization of $18,647,558 in in 1941. tRepresented by 1,882,240 no par shares, $79,377,012 $66,627,910 Total ?After for reserve 1942 and $17,107,822 —V. 156, 1739. p. ' : v Central Illinois Securities Corp.—Annual Report— - ' 1942 . Interest • . "3 941 $3,600 181,385 $201,507 44,573 1939 '• . $4,288 197,219 $184,985 $4,325 .... ..... 175.972 Dividends "940 1941 1 Income: .Total Income $180,297 . " Expenses Extraordinary credits & 37.163 . < net» 164,071 , " Net income for for current fiscal a - > • declared 1 • on reason income tax the for •* ■ • was 30, purposes will con¬ compared commencing with common to approximately $7 500,000, but may be $12.14 1942, 1941, and "11.55 on preference share as of Dec. 31, on Dec. 31, Sheet, HI Dec. hand-- Investments in on —---• , ...... 1941 $19,622 4,141.117 1942 .,$10,475 4.101.637 •• and banks Cash Total 1.655 2.078 $4,113,767 $4,162,818 $375 000 and deferred charges ■ $450,000 ... ... LiabilitiesNotes Other payable to banks.;..;.: than Federal taxes on Common payable from net taxes net ; Inc. 2.010.00 a . 915,736 915 736 :?'> 1,791.882 1.787.425 divs. from and interest- , 507 103 . '•po Drl,481,034 Drl,48l,034 stock —$4,113,767 Total "Outstanding 200.000 in 1942 and . 201,000 stock.—V. 156, p. 337. shares Central Indiana Gas Co*—To "4.162.818 1941, shares in Reclassify Stock— . SEC by Consolidated Electric Central Indiana Gas Co. arid A statement of the transactions therein proposed Applications have been • filed with the Gas Co. and its subsidiary companies, Hoosier is 2,000.000 ... 1606,034 shares of common & 5 700 income..:.. preference stock ($1 par) 6,565 3.837 income on stock surplus tTreasury . Federal for Iindistrib. the and fixed at 15 'J of annual net profits remaining preferred dividends.- No dividends'may be paid stock out of earned surplus existing as of Sept. 30, 1941, profits earned after Sept. 30, 1941. with Assets— " • year charges and amounting the on 1942. Prepaid Ltd.—Preferred Arrear¬ fund income for the determined for basis of original cost, exceed net income period. $12.6L June $103,419 55,602 *$156 934 <$137,733 101,150 52,725 $137,434 100,000 The indicated net asset value per A distribu¬ year, while 50 cents, eadh, ivere made qn $1 was paid oh Dec."20.— sinking year." pref. stk. provision •Capital stock : ,, the common preferred stockholders on April 28. 1943. preferred '' * . has been made for Federal taxes on that losses realized on the sale of investments, •''•'No plan-of provides Dr950 Cr3,856 ■ 5.700 Divs. on conv. Provision and $168,012 63,634 , 51,108 ' ... V Federal taxes for income on Balance capital reorganization designed' to liquidate arrears amounting to $9.55 per share on the outstanding 280,000 shares of 7 T cumulative preferred stock ($25 pari. '. The plan provides for the-immediate cash, payment of. $2.55 per share on preferred, an increase in the annual dividend rate to $8.10 from $1.75, and making the $25 par.stock callable at $35. It also on 1940 $5,380,621 $8,487,085 •1,687,664 5,000.000 expenses.1__L pavable -Reserve for Federal , Co.—To Pay 304. common all ' 1941 ...••$79,377,012 $66,627,910 $56,875,468 payable Accrued, payroll and . Plan Offered— a > "«'•,••■•.■-■ Liabilities—'*■ .'"Convertible, The •* 1 etc.—20,641,782 etc.—: , • 67,257 .Accounts • extra of Canadian Car & Foundry Co., . ages ' •J Total • ' 1306. payable Feb. l to holders of record Jan. 19, cents per share was made on .March 16, last during after ralroads. ;*Reooen of dividend sider would the pav which the j railroads against the company would be be . 3.' comoanv that do so-called debtor's plan of reorganization with the provisions of Section 17 of the express 1,882.240 $3.72 profits tax. trade marks and goodwill-.; Prepaid par cents' per 16 1942. March v/fls 3,764,480 $1,667,553 1,882,240 share.... excess bldgs., Pi'ov. Dividend—; stock, par $5, rail¬ A roads •3,764,480 $4,074,637 Balance "Land, '"; 1 • cents—V. 156, p. 2224. California Western States Life Insurance v A Co.—Reorganization Plan Filed— 3,764,480 $4,020,003 572,857 , Patents, p Dividend— Dividend of $1.50— Boston Terminal 3,764,480 $3,237,968 1,882,240 paid per • • an 6,004,890 - • kwh,. 7,839,117 Sheet, Dec. HI ' Assets— " ' '1942' ".'" cash $4,525,534 Notes and accts. receiv.; less res... 16,878,612 'Inventories A-.-'. 33,263,776 20 paid a dividend .of ,17 cents, per share on value, to holders of. record Jan.. 9. ., Distribu¬ share-were made each . month during the Jan. on stock, the common 1943, output was 33.827.000 16. 7,784,483 25 of also paid an extra dividend of 25 year . the preceding week ended Jan. For ; 1,665,063 lS 'Including Dividend-;,-"" on'the'common Callaway Mills—Pays 17-Cent reported to the Edison Electric kwhi. as 1942. an *4,286,788 , cents per share has been declared on the common stock, no par value, payable Feb., 16. to holders of record Feb. 1. In addition to four regular quarterly payments of like amount made .during 1942, the company on Nov. 14 of that Up 9.6%— 23. 1943, was 34,476.000 the week ended Jan. 24. 36.448 8,466,656 1 divs. paid. Earnings - Net system output of this company, as ■ i 121.167 7,002,448 Surplus v 269,088 68.023 15,311,965 taxes divs. 7,437,314 192.373 141.254 profit Common ' .Institute, for the week ended Jan. -compared with 31,466,000 kwh. for Fed. 12,541,086.. 16,173,823* 72,054.699" 145,339 earned— paid for -Prov. Part of Outstand¬ 863. Boston Edison Co.—Output 2,532,471 34,505 charges The 48,454,521. 58;475.344 3,540,952 ' has Co., 82,243,212 inc._'_ 22,421,162 share has been declared per Byron Jackson Co.—Quarterly , Oaklev 115,437,143 4,310,544 misc. less par no paid.—V. Boston & Albany RR.—New Director— R. 101,957,987 58,432,921 73,062.514 Profit . /Pay- of 215. p. of dividend 1939 $ 142,168,850 sales •etc., have value, payable Feb. 2 to holders of record Jan. 20. On March 10, last year, a distribution of 20 cents per share was made, which was the first dividend since Oct. 5, 1937 when 40 cents-was v share has been declared on. per to 1 Byers Machine Co.*—10-Cent A follows:; Mar.. 2, were as interim dividends of 30 cents V, '- • record Feb. 15. PayJune 1- and Sept. %, each; and Dec. 19, a final of 50 cents.-— Mar. 1942 during 216, 157, p. '• 1940 1941 1942 Cost of sales, oper. exps,, v fund.—V. $1,067,760 . 1942 tax law and after the basis of the S Net ; ; YeaJ'sEnd. Dec. 31— stock, Dividend of 30 Cents— of 30 payable stock, common 1, $719,800 .. additional $300,000 to reserve for undeterminable 156, p. 1949. v Com. shs; outst. (no par) .... , for: sinking redeemed Similar dis- last, which were the 1943 will amount to 16, at Feb. as 1942—6 Mos.—1941 . $522,136 • Caterpillar Tractor Co.—Earnings- Mar.3 1, ■ 20.000 shares series; at $55 a share, accrued dividends to the redemption date. ' These, shares, which selected by lot on Jan. 26, are in addition to >1,725 shares being were 127, p. Borden Co.—Interim ; ments and. Nov, on calendar Years— cumulative plus : per first 1942—3 Mos.—1941 - ;- t$367,539- the' setting up of an corporation has called for redemption on convertible preferred stock, $2,75 • The share on account preferred stock, par $1 of record January 29. of 10 Arrearages share.—V. per July on 1935. Mav. holders to made were since dividend a 7cumulative the on Feb. payable fributions first . declared have directors accumulations of Dividend— Bohack Co., Inc.—$1 Preferred (If, C.) . ; taxes and other contingencies.—V. ing, Preferred Stock— . of The • ,f depreciation, all taxes and Federal excess profits tax, Earned Feb. 155, p. 359. paid.—V. was 1305. p. , cents per share on the of 65 Co.-^Earnings— profit TAfter r Burlington Mills Corp.—To Redeem , 1. to holders of record Jan." 21. Like 1 and Aug. 1, in the years 1942 and " "After taxes determined ■; ., > , ■; • year-amounts.'to $550,000,-equal to $3,79 per common share, as against $940,486, or $6.66 in the pre¬ vious fiscal year. The latest figure does not include the profit on The aforementioned transaction with the Government, which will be re¬ flected in the current period. (The St. Louis "Globe-Democrat.")— the common to holders of record 15 Feb. on , Period End. Dec. 31^*Net income for the fiscal net Estimated 1. A Feb. 16. last vear, the first since Aug. 15, pavable value, par 337. p. Carpenter Steel share, record action liquidating all bank loans. ' stock, 156, > • r the common stock during, 194L.were ;aa follows; April 1, July 1 and Sept. 2, 50 cents each;.Oct.", $1; and. Nov.. 29,; 75 cents. The above referred to postponement had been due td the fact the Government had frozen a large part of the company's Inventory to build a stock pile of its own, which prevented sale oivuse'Of. it* by the company. But in December, the Government took- the inventory off its hands and authorized payment, check for which was received on Jan. 17, bringing the company's cash balance up "o normal and and billings beeip declared on has disbursed were 1941,—V. Payments on •' share per Common Div.— on common represented, a postponed disbursement which ordinarily would been made last November, the final month of, its last, fiscal year. Mnents of 50 cents each were made on April 1 and Oct! 1, 1942." .• Blauner's, Philadelphia—40-Cent Dividend— , payable Feb. - dividend of 5 cents per share extra an dividend semi-annual usual Preferred Jan. 17 declared a dividend of 75 cents.per stock, par $1, payable Feb, 6 to holders, of The management of the company explained that this directors the Jan. ,21. new • . Co.—Extra Distribution— declared have stock, both amounts »" 1937.—V. 156, p. 1859.~ April 15, Burkart Mfg. Co.—75-Cent (F.) The on 342. p. the and - high records. President Grace' that in view of the large amount of new business the billings current year should approach or equal $2,000,000,000.—V. 157, amounted . workers when thev are needed. Dec. 31, last, totaled $2,394,500,000, , * in getting encountered • Grace but 1943. 1. will be made upon respective' coupons year. made on was percentage Women make up only a small the corporation is adding to this group expressed the opinion that no difficulty will be workers, of 10 pence per share on holders of record Mar. to Ltd.—10-Cent Interim Dividend— An interim dividend of 10 cents per share has, been declared on The common stock, no par value, payable March 15 to holders of record Feb. 27, subject to the approval of the Foreign Exchange Control Board. Similar distributions were made on March 9,- June 15,• Sept. 15 and Dec. 21, last year: The previous payment; also 10 cents per share, increases in working forces still to be made the Dayroll in the current year will be close to $800,000,000. The working force at present totals 262,000, and it should reach between 280.000 and 290.000 by the end of the year. About 37,000 of the corporation's workers are ; The directors ' common Bruck Silk Mills, final quarter of 1942 was at an average and Mr. Grace estimated that with the payroll in. the of rate the ^Depreciation, $110,002,700. to Bethlehem's annual payments Carolina Insurance • •' •«•' •' .••• ;.'•*• /' \ profits for the year ended .Sept. 30. 1942, .after deducting all charges and expenses for management, etc.,. and providing for .taxa¬ tion and contingencies are £3,065,348 as against £4,087,564 , for. tl^e previous year. After, paying final dividend amounting to £395,963 the carry forward will be £2,442,729.—V. 156, p. 1322. , : the goods formerly manufactured. On the scrap situation, Mr. Grace contended that there is ample supply, even when measured against an increased steel demand., He believed that the industry had not given enough weight to the ;recovery of metal from steel now being used. The higher class products give a greater scrap return, he asserted. Bethlehem's payroll last year was $648,000,000, dividends amounted to $24,447,000, and taxes totalled $188,040,000, and Mr. Grace pointed out that the tax payments were equivalent to $63 a share on the common stock. In 1941. the payroll was $365,722,000, and taxes amounted Feb, on presentation and surrender for relating to the particular semi- > .anpual interest instahnents: aforesaid, at the Bank of Montreal in -Montreal or in Toronto. Canada, or at,the agency of the Bank bf Montreal in New York City, U. S. A., or at the office or agency of the '.Bank of Montreal in London, England.—V. 156, p. 337. 19 declared Jan, on bonds cancellation of Net , position to make • directors 31 fiscal 1with production. expected to be available if it. is needed. About purposes and somewhat requirements. It is no practically maintain to -' , said will interest instalment due on the at tha+rate of 6" per annum from due date. rAt the same time the company thereon mentioned original Such an interim .dividend .for the cur¬ the ordinary stock/ par £1, payable 1. They, also voted to recommend to stockholders at the annual meeting fixed'To.be held Feb. 15. pay¬ ment of a final dividend for last year of 4 pence .per ordinary share, also to be payable on. Mar. 31, next, Both; dividends "re to' be/free of British income tax. ' •' v v • Payment of the final dividend referred to above/Together with the dividends-of 5 pence each paid on Feb. 12 and Mar. 31, 1942, and the dividend of 10 pence per share paid on. Sept. 30; 19.42,'will makA total distributions for the fiscal year ended Sept. 30, "942,.;2, shillingvs, • which compares with 2 shillings and 11 pence paid for the preceding iron and scrap is capacity production, 97 million tons will he ample for military more, including so-called necessary civilian longer a problem of production, but one of distribution." Continuing, Mr. Grace explained that it is difficult to separate mili'tary from civilian needs, since many customers of the steel industry, like the makers of automobiles, refrigerators, etc., are not now in a sufficient supply A , 1949. interest 1940,.with .said ■ sinking fund 2Q-year. 6" first mortgage the of holders to also make payment of the semi-annual ; Conn., p.- year Mar. be¬ and the output would be net tons, > ?•••- • British-American Tobacco Co., Ltd.—Div.—Earns. The rent million net tons. He added: no further problem to interfere be should "There . 94 and 93 tween 156, v ■ much. He predicted, however, that by the the steel ingot capacity of the country would 97 million approximately be 396. 155, p. 4 change the current year of •end 342. p. notice A to-the company's-East .Main,Street .Plant in announced last March and-begun in-August, Is. .nearing completion, it is -announced.. .-.Thi-S'vhewT'-tworStory brickstructure is going up on the Walter Street side of The plant and all of the construction to date has been carrledKon >without -the- loss of -an hour.in-the company's war production schedule,The' announce¬ ment said. • ;. ' • • .." •. This new structure replaces a large one-story wooden; building which for many years was used for-metal storage-and a'scraproom.— President said that the the Bethlehem 157, 5 1942 - $4,158,000 gold ;bonds,r series A, soys; * ' .. • The company will make payment on Feb. 1, 1943, of the semi-annual interest instalment which became due on The above bonds on Feb. 1, ; $250,000 addition The • conditions, not does situation common Bridgeport, ' Superior ore. Discussing steel 1943 $4,253,000 earnings Canadian Vickers, Ltd.—Interest Payments— " last $25,000,000 is for the construction of iron ore mining facilities in Venezuela. This development was started in June. 1941, was interrupted by the lack of facilities for a i time, but is now being rushed as fast as materials are made availaablp: Bethlehem's management hopes to bring this ore out of Venezuela •"by the end of 1944, and then build up an annual production of 2-000,000 tons. The ore will be brought down the Orinoco River to Trinidad by shallow draft boats and transferred to ocean-going ships. The Venezuelan ore runs 65 r'r iron, according to Mr. Grace, which compares with an average of around 50" for high grade Lake • recently declared an extra dividend .pf; $3:'per-share stock, payable Jan, 30 to holders of record Jan. 27, . said that $24,000,000 to Mr.. Grace l Ity.- Week End. Jan. 21— Traffic , Dew, Ltd., below—V. 157, p. 128. Canadian Pacific r Bridgeport Brass Co.—Addition Soon Completed— " ; made in response to a question as to what would be •huilt-with the $39,000;000 remaining of the allocations for new con¬ last Canadian Food Products, Ltd.—New Name— See Honey 2095. p. share.-—V, per was struction $1.75 remains unchanged.—V. 157, p. 342. ; the company-paid quarterly-dividends-'Of'50 cents reach. June 4, Sept. 1 and Dec. 1, and on Feb."5 also made extra distribution of $2 per share. Dividends'-1941' totaled $3.50 an Bethlehem's shipyard to • During 1942, on March 7, ...... importance in second only disclosure, A activities, 156, directors the on point in our contracts where we can determine if the price against costs resulted in an excess profit we adjust such orders, and did so throughout 1942. Under such a policy we should not be expected to encounter any difficulties in . , r.or any funded debt can be two-thirds in value of outstanding stock, present the of preferred stock. , . . The participating feature of preferred stock providing for equal participation with common irr any dividends after common has icceived Brager-Eiscnberg, Inc.—Extra Distribution— The "This is our - Hospital1 Expense and-Surgical of the form in ahead or created without consent of at least ; —V. profit. method.- When we reach a fair .equally • . $10,000. life insurance. ; Announcement:• of ;the" ncw coverage was made by E. M. Kerwin, Vice-President,':-' . "... The plan is being underwritten in full by the. Metropolitan Life Insurance Co. on a cooperative basis whereby the employees contribute fixed amounts and the-employer bears the balance 'of -the entire net Government at the beginning only looking for a reasonable emergency—namely, that we are the and « ' , preference shares ranking that no additional made also is Provision Chicago—Employee's Insurance to 645,800 shares from 365,800 to $1,000 from , ,Iof 127. p. security Additional Bethlehem's shipbuilding operations, ourselves and the 157, and that the authorized common stcck be Increased shares to provide for exercise of rights. .company • Operation Benefits has been included In the,group-insurance program of this company, which since 1932 has provided' its' employees with life insurance. Under the terms of the plan, the workers- receive' . policy we declared to a event the preferred-stock should be called, holders will be non-transferable rights to purchase one share of capital stock per share for each preferred share held. The plan also pro-* for cancellation of 20,000 preferred shares now held by the the $20 vides • i pointed out that of the total of .unfilled orders of $2,394,800,000 ia new high record* on Dec. 31, last, shipbuilding contracts accounted for $2,050,000,000. , ' • r He also stated that the corporation now has 75 ways, compared with 20 in 1940. Shipbuilding operations required 37 million manhours in 1940. This increased to 115 million in 1941. rose to 296 million in 1942, and again will be increased sharply this year. f. An outstanding problem of all industrial companies now is renegotlation of war contracts. When Mr. Grace was asked his opinion on the subject, he stated emphatically that the Government had a 'right to supervise profits on this business, and could employ whatever method authorities desired to get the necessary results. Regarding the Bethlehem company, Mr. Grace said: "We are currently revising conditions in oiy contracts to meet a "par yalUe,v pSyable';Feb.'t-25' at to the" four regular'"quaithis amount made durihg 1942, The" company in special of $1 on Aug. 25 and one of 50 cents on of (E, J.) Brach & Sons, Grace Mr , ' but actually. 162 1942, Bethlehem also turned • and. conversion work on 6,000 162 delivered in barges, and did repair the at a cost of $180,000,000. illustrate the magnitude of ships, 372 delivered 36 vessels, or about merchant and naval ships one-third of all the L1' , 92 ships in 1942 the corporation 1941 In delivered. were cents" per share on the common stock, no to holders of record Feb. 15. In addition meeting of directors Jan. 28 a calls for 1943 delivery of day for every day in the year, including Sundays disclosed -Irv i giyen dividend, of^50 quarterly usual the declared have directors The > Rubber Co.—Regular*Dividend Boston Woven Hose & of 1943 Calls for; Delivery Program for Company's Monday, February 1; 1943 FINANCIAL CHRONICLE THE COMMERCIAL & 438 Gas Corp. summarized as follows: * Vblurae 157 THE COMMERCIALS & FINANCIAL CHRONICLE Number. 4147 : 439 ' proposes to reduce Its stock capital by.. $4,000,000, through reclassifying its out- ' of 54,000 common shares (no part, all of. Which is held by Consolidated, into 40,000 common shares ($100 par).1 Central Indiana Gas Co. will eliminate a utility plant acquisition ad¬ Indiana Central • $648,969 stock, Columbia' Pictures Corp.—New Vice-President— to same eliminated be by stock, New new of shares common Indiana. Gas Central Co. and bonds change showed ■The cumulative the on holders to declared Jan, record of dividend a preferred stock cumulative 6 % and preferred This 25, will $1.75 wipe out 7% Distributions preferred stock, previously declared, oh Feb, 1, 1943., ' the on : ' * " • 'For record of dividend payments share ' , Gross profit Income Year Ended Sept, 39, .343. "I , Bond General Net ■ expenses,-—- administrative and operating % interest. inc. profit,,— Depreciation '■ ' . to taxes)-- ' — Excess, prof its tax (Federal and State) the corporation, Balance Balance $666,340 (Oct, ; Total 1, 1941 — iBalence Earnings i ; $1,686,347 Consolidated ; Sheet, Sept. 30, 1942' notes. on hand, $1,607,-234; U. s; Treasury tax. notes, drafts and accounts receivable (less reserve for $150,000; receivables of $40,0941, $811,487; inventories, $1,540,632; pre¬ paid expenses, $125,654; other assets (including post-war tax refund receivable, $6,141), $40,968; land, plant properties and equipment (less reserves for depreciation of $633,259), $1,066,809; total, $5,942,785. Liabilities—r-Accounts payable liabilities, $173 993; $732,800; bank liability loans (due for to. purchase Oct. $2,289; contracts, (trade and provision 15. capital earned surplus, $1,686,347; and savings $110,706; State bonds, $3,940; (200.000 no par III—V. taxes'," shares), $2,232,711; ' , New Materials— Board is said and Certain-teed have to numerous Gypsum Laminated - applications Roof in-war-time buildings place of critical materials that no longer are available, The corporation's announcement further goes on to say >The-new * , original • - . > r. board," and .the company's exclusive "Millerized" The resulting product, combines a fireproof core of rock and a durable, weather-resistant surface of asphalt The board is said to- have practically no contraction or gypSum roofing. . buckle, warp laminated gypsutn decking roof is or open made - of Bestwall board, in two . types, up of >. .It. is dividend A . 10-and Aug. Dividend— " cents per share was recently declared on the $10, payable Feb. 5 to holders of record Jan. 29. were made on. this issue on March 10, June 10,7 Oct. Feb. cents each; 30, and 14, Dec. and year. : Payments during.1941 7, 25 cents each; Aug, ■ 15 and 30, $1.—V. 156, p. 1466, last May $1,357,059 38,898 income non-operating $1,395,957 before - $909,745 charges,.-.—— 59,563 State $868,420 $620,786 taxes—- 41,325 $1,336,394 715,608 taxes.j. and $868,914 49,831 * $627,468 139,830 - 240,952 295,621 as 1943, of March--1, a Balance Sheet, Nov. 28, 1942 (less reserve Inventories, $3,418,732; (less reserve for depreciation of $89,3381, $662,566; lasts, patterns and dies, $1; traveling outfits, $2,163; deferred charges, $132,454; total, $5,991,599. doubtful $281,116; accounts $95,102; and accounts of $3,018), other assets, notes receivable $1,216,771; $182,694; fixed -assets ' Liabilities—Trade accounts payable," $244,660; accrued expenses, ■ excise royalties and etc., $84,629; accrued $34,106; accrued payrolls, commissions, property, and taxes, $791,955; dividends payable—Dec. • for employees' welfare activities, $9,226; income reserved subsidiary companies, $69,945; deferred income, i $93,769; 5% cumulative first preferi'ed stock (par $100), $1,190,800; 4% cumulative second preferred stock (par $100), 1 $1,242,300; 3% cumulative third preferred stock (par $100), $995,600; common stock (43,161 shares, no par), $43,161; capital surplus, $83,131; earned surplus, $994,041; total, $5,991,599.—V. 152, p. 824. 31, to wholly $1,565; total $112,711; 1942, due • owned reserves, . be . Credit & Investment Corp.—$1.10 Dividend— . The the Corp.—To Aircraft Merge with -Vultee- paid 23. ' This Jan. $1 year, oil on Jan, 26 paid a dividend of $1.10 per share on ' allotment certificates, no par value, to holders of compares with 40 cents paid on Aug. 1, last company 25%. record Jan. 26, 1941.—V. on Jan. 26, 194.2, 40 cents 156, p. 1046. Aug, on 1941, 1, and 85 cents, new company,1 which will Crompton & Knowles Loom Works—Stock Offered— Hanrahan New : . .the "Consolidated Vultee Aircraft Corp;;- The present stock will, be exchanged share for share-for that of the new &. Co., Worcester, Mass., and Allen & Co., purchased from the estate of Alice «L Knowles, 12,000 shares of common stock (no par). Over 10,000 shares have already been placed and the balance is being offered at $33 per share.—V. 150, p. 1760. , , York, Curtis Mfg. Co., St. Louis—Earnings- were Gross profit on « Selling 1940 1939 $815,178 336,972 185,182 $749,660 337,658 $540,142 319,549 Gen.-and $1,881,877 77,171 $293,024 46,631 $267,377 • 38,530 $339,655 $305,908 1942 sales-,— expenses — v—*. 29; since consideration under been Vultee Vultee; and 1941. , . of Consoli- ' 34% Profit admih; exps.. - ■ on operations!, 144,625 142.096 Other income , , $78,497 .20,983. Mr, Girdler contnued. "is the sole. objective " aircraft-production. together cover the maximum this- means acquired which of of The merger entire range This year Total income $1,959,049 Other expenses18,195 . Prov. : Fed. for income . Net / paid— of capital (par 102,602 1,147,980 45,261 $5) Earning^ 17,495 , ' . 100.000 $484,398 193,365 $191,792 290,Q47 '' $250,730 193,365 $81,700 193,365 193,365 193,365 193 365 $2.50 — $0.99 $1.30 $0.42 48,341, stock . —— share per 55,188 y , profit Shares 283 208,486 taxes Dividends - $99,475 State & Pyov. for Federal excess profits tax Res. for post-war adj. the company also will ■ /. . / ■ ?," -' Balance Sheet, Nov, 30, 1042 .States Army. \ The company also is building Navy training Assets—Cash in banks and on hand, $1,593,371; U, S. savings and planes.at.'this'plant.:,. • - » • 'At a plant at. Nashville^ Tenn., .Vultee is building the Vengeance dive ; defense bonds, $100,487% U. S. Treasury notes,-tax series, $215,024; bomber,'and the Stimson division at Wayne, Mich., is making Sentinel receivables (less reserve for doubtful items and discounts of $9,500)» likison planes', knownVas ."flying jeeps." - A wholly-owned subsidiary, $995,475; sundry accounts receivable, $6,567; inventories, $927,039; Iritercontinent Aircraft Corp,:,, makes parts at Miami, Fla. U. S, war bonds (unissued), $5,362; post-war refund of Federal excess -Vultee also Operates, a modification center at, Louisville, Ky., .and a profits tax, $16,360; fixed assets (net), $395,311; patents and trade¬ nfanufaCturing research- unit at Detroit,* MichIn addition, the com-u marks, $6,866;. deferred charges, $45,157; total, $4,307,020. United' . as., Oct. 1941 $2,334,565 204,650 ' 248.037 Years End. Nov. 30— begin producing at New Orleans, La., the new F-41 flying boat, said to be the fastest in the.Vorld. : ^ Vultee now. is completing at its- plant near Los Angeles the largest order of military training planes of a single type ever placed by the 50 par redemption Tucson, Af-iz.,- and. Elizabeth City, N. C, distributions follows: 50 of stock, common Similar per Nov. 28V42 Nov. 30,'41 $16,157,438 $12,812,749 14,800,379 11,943,835 operations..,.....- for Federal investments, Diego, Calif. At its Fort Worth, Texas, plant, the company produces the Liberator Express. The. company operates modification centers at . Co.—50-Cent cents Corp.—Earnings- operating Assets—Cash, • for , planes from the largest " bombers and transports to basic trainers and 'flying jeeps,' will: pefmit use of-combined plant and personnel for allout production of. military planes." ■ " The Consolidated Aircraft Corp., builder of the Liberator Br24 bomber afid the Corohado and Cataiiha flying boats, has its main plant in San . Chambersburg: Engineering 15 , Condensed ' " "Winning of the war," remarkably ■■ i■: .■</'". /.A-six-page,, illustrated folder is available. It describes uses of,, these \ new non-critical materials, gives engineering data, specifications and construction details. Copies may be obtained from Certain-teed Products Corporation, 120 So. La .Salle Street, Chicago, 111.—V., 156,. Ii>. 1949. • • ■ ; gypsum of 4'</• bonds,, due dated's outstanding stocfc at the'end of strong and is fireproof, and is easily-and quickly, applied. ( as now-^-and at ' panels dividend extra an .Profit and .loss surplus,for years—... March 1. 1964, at 102'2 made at the City National -Bank & corporate trustee, 208 So. La Salle St., Chicago, l77r; p. Consolidated new on , has , Certain-teed's share per preferred stock/ par Dividends ' , {exchanged' for " 45/100 share of. the b^ knowri , termite resistant and will not declared profits from and {Upon consummation of the merger* and on the basis of the number of" Shares1 of "the < constituent .companies -now- outstanding. Consolidated Vultee Will have capitalization consisting of 216,729 shares of $1.25 convertible preferred stock and 1,385,933 shares of common stock. -Tom M. Girdler, Chairman of both companies,} said that the merger • roofing, expansion, is joints. ,' • $1.75 15. par sales, selling, general and admin, exps. Provision cdmpariy;'". The"outstanding $1.25 cumulative, preferred stock of Vultee : will be. exchanged for the new preferred share for share, which will "be convertible into 1^ shares of new common stock. gypsum gypsum asphalt reduce at Dec. 31, 1942, as authorized by $1,431,782; deferred Federal capital of Consolidated . have Ended— ;Net income Southern Corp.—Weekly Output—. mortgage of Chicago, 156. will; be , in of cumulative ' in part; exterior: board sheathes, sides and insullates; .It combines two welt known products manufactured by the Certain-teed organization for many years. They are Bestwall, described as "the , $2,246; Dirctors of the Consolidated Aircraft Corp. and Vultee Aircraft. Inc., V at a-meeting irr.Los Angeles,-Jan. 25, recommended a merger of the .two companies/".The. stockholders will vote .on- the proposal at the annual meeting ..of. the respective .companies on March 17. c : 'Under "tlis terms of-the proposal each share of Vultee common stock Decking. 7% ■ - .It Is announced that this,corporation has added two new members to growing family of non-critical materials developed: especially toThey are known as Bestwall Gypsum per usual no Miscellaneous " Aircraft Inc.—Exchange of Shares Planned— feeder on & Payment -will Consolidated unsecured total, $5,942,785.—V, 148, p: 2260; dorp^—Two Trust'Co. - its Exterior Net • - 1 speed up war-time construction. Each payable been'called-for There haVe and'interest.. " accrued income- $1,000,000; deferred income stock Certain-teed Products i sundry), Federal war 19431, stock outstanding. total, $1,672,688. $125; of $48,900''t>f:first , dividend a the sales '.Gross Community Public Service Co.—Bonds Called— : . doubtful declared 1 to holders of record Feb. Income from investments and miscellaneous " ' . 'Assets—Cash In.banks and $1.40 "61,388" 96,860 shown as. the stock, Cost of weekly: kilowatt'hour output of electric energy of subsidiaries of this.'corporation*- adjusted to show general business conditions of territory served, for* the week'ended Jan.. 21, 1943^ amounted to 233,418,402 as compared .with' 203,944,789 'for the corresponding week in 1942, ah increase of 29,473,613 or 14.45%.—V. 157, p. 343. t $3.33 : Balance " 60,814 $64,719 The 100,000 ; —„ (Sept. 30. 1942) per common share $1037254 Sheet, Dec. Si, 1942 of. Directors,. ;$3,892,935), tax, Commonwealth . $1,786,3471 - Dividends paid Net $72,313 directors and Years 1,120,007 — , ' have accumulations-on Craddock Terry Shoe 30,732 3,000 accrued taxes,s $16,398; Federal taxes ohiincdme-for,the--year ended Dec. 31, 1942 (est,), $3,000; $6 cumulative: preferred stock. ($T" par), $67,571; common stock (par $1), $318,428; capital- surplus,: $1,522,968; earned deficit,; $255,677; total, $1,672,688.'—V. 156/ p, "2304; 337,380 ' .Nef profit ■ 389.273 • v— Normal and surtax 37 $95,451 7 dividends.-—— '•Liabilities—Accounts 64,490- / of aggregate quoted market prices, stock 82,141 " Interest '(net) 4,112 4,419 $129,898 26,645 surtax $24.46 per shake of preferred" Board •177.324 '7-. —■ income State $91,302 Assets—Demand deposits, $237,785; accrued interest on bonds, dividend -receivable, $750; investments, at cost (less reserve to $1,716,953 * ' " Taxes (other than Federal and 6,752 * -assets'of of common 72 and tax • 419,103 dividend annual an stock, par $20, to holders of record annual payments of $1.60 per share years, quarterly dividend of 30 cents per share on the value, both payable Feb. 15 to holders of record Jan. 30. An extra of 15 cents per share was paid on this issue on ' Feb. 14, last year, and on Feb. 15, 1941.—V. 155, p. 398. 1940 . ^Exclusive of security transactions. were Ont.)— Payments of like ahiount were made in each of the four quarters of 1942, while during 1941 the following dividends were paid: June 1, $3.50; Sept. 2, $1.75; and Dec. 1, $3.50.—V. 156, p. 1604. by the balance sheet of " Dec. 31, 1942, .with securities taken at indicated market on that date, 670,865. previous directors share 1941 $119,793 5,687 . 29,358 Preferred.- In $100, payable March The. $104,671 IV—, . >Net 'incomie 15)12 expenses,J. ".1942 . " - — income Federal normal -Net — :. Expenses - (Toronto, Cosmos Imperial Mills, Ltd.—Extra Dividend— * -Sundry, itenis Total Co. made. ■' ; $97,847 , SHling and warehouse y.-._ Income, dividends— '.j' $2,806,921 ' sales-i—i.-.-',. on 7. Years Ended Dec, 31— on Insurance Corrugated Paper Box, Ltd.—Accumulated Dividend— j Commonwealth Securities, Inc.—Earnings— during 1942, see V. 157, p. 128. Statement, ; p. at the New York Hospital, illness of one month.—V, 157, ' 10.0 6.2 5.7 Soya Co. (& Subs.)—Annual Report— Consolidated . were % Increase 175,528,000 162,014,000 i Central 14. account 1941 .1942 . 165,277,000 r ' „ 181,748,000 : also payable are Jan. Kilowatt-Hour Output , ... 181,884,000 .157, Life ■The company on Jan. 13 paid share on the outstanding common . group January, .9 186,336,000 January '2*"171,293,000 all accumulations preferred and of the '6% $1.50 on of $3.92 V*. per of Continental 10.8 a dividend of $3.36 »/2 per stock, both payable .Feb, 10,' issues. both on have directors 7■% share OutpuW 164,103,000. —V. died an Smaller Dividend— The 7 ' • Inc.—Obituary— President, Jan. 26 after on increase; over the corresponding period of a year ago. .Week Ended-— January, 23 January 16 Hartlieb, York, N. Y., 130. M. following are' the kilowatt-hour output totals of the past four weeks and percentage comparisons with last year: . the 10.8% a L. .succeeding,Lieut. The , bpoks of Consolidated Electric & Gas Co, of its investment in Central Indiana Gas Co, and Hoosier Gas Corp. as a result of the • proposed ■" transactions--V; 156," p. 2216.' '' " * " ,' ' ; Central.Power & Light Co,—Pays Div. Accruals— Frederick New of companies, for the week ended Jan. 23, excluding sales to other electric utilities, Corp. which will be surrendered, and cancelled. made in the aggi-egate carrying value on the be will J. been Hoosier fqr the old shares of preferred-and common, stocks of Central Indiana No Continental Can Co., has p. Commonwealth Edison Co.—Weekly Gas Co. and Hoosier Gas • He Director— Electricity oiitput of-the Commonwealth. Edison Electric & Gas Co. in the indenture securing the col-, Consolidated Electric & Gas Co., in substitution of Vice-President. a , Gas. Corp. to be received by Consolidated reclassification will be pledged under the lateral trust elected A. Montague, has .been elected .a director, Blancke,-.resigned.-—V. 156, p. 2304. ■ . -The Earbgno has been ' to capital charge a J, associated with the company for the.past 11 ycars.- surplus, part of which will bfe created through the proposed reduction in capital, ■Hoosier Gas Corp, proposes to reduce its stock capital by $35,199 • from. $5.35,199 to.$.500,000,. through reclassifying its outstanding 18,257 ' shares (no par) common stock and 400 shares ($100 par) preferred stock,•all of which shares of common and preferred are held by Consolidated Electric* & Gas Co., into 10,000; shares ($50-par) common will Louis • consisting account of $2,238,527 from its property account and charge to earned surplus; the earned surplus deficit thus created' justment the Co, Gas $4,648,969 from standing • . Chesapeake Corp. of Virginia—15-Cent Dividend— . A dividend of 15 cents per share has been declared on the common stock/pax* $5, payable Feb. 15 to holders of record Feb. 5, Payments i 1942 were as follows: Feb. 16, initial of 30 cents; May 15,20 cents; Aug. 15, 10 cents; and Nov. 16, 15 cents.—V. 156, p. 1602. is preparing, a, plant at Allentpwn, Pa., for the production of torpedo plane.-r-V. : 157,,,Pi. ,8. pany during Navy a ,Liabilities—^Accounts paj'able, etc., $59,669; customers' deposits and r , Chicago Mail Order Co.—New Spring Catalog— . V. 157, p. 8. - • »" ' will be paid on Feb. t to holders of certificates of for first mortgage, gold bonds of 1927. The Committee , on . Security Rulings of the Exchange ruled that the certificates be quoted ; deposit "qx-intefest" on Jan.„28, 1943,—V. 156, p. 2035. The Judge 11 Co. of 0. as S. the and the for the^corresponding week of and .Exchange Commission announced District Court for the District of Delaware date for Columbia Holding hearing Oil & Company on the plan of Columbia on and commissions, directors have declared account of accumulations on preferred of 75 cents per share on prior no 8. 1942. Payments during Oct. 1 1942 were as follows: April 1, 75 cents, and and Dec. 24, 25 cents each. The last mentioned pay¬ ment cleared-arrearages year, dividend par value, payable April 1 to holders of record This is the fixed quarterly payment which was due Oct. 1, stock, March July 1, com¬ a the $3 cumulative and participating ' A New Trustees Elected— W. contingent erected It Carey, "Jr., and Herbert of this "company. Mr. Gibson trustees &:Towne .Manufacturing of Consolidated" Edison Co.; and Co.—rV. 157, Mr. p. C. 22 that has set Feb. - Electric Gasoline Corp., filed under Section 11 (e) This is the plan previously approved Act. the Commission, and submitted by Columbia Oil & Gasoline Corp."" to its. stockholders. The hearing is in connection with the application Feb. on 24 the on to through July I, 1942. dividend of 10.186 cents per share was April 28, 1942,.out of 1941 earnings. Davidson on Jan. 26 were is President of the Yale Davidson-is 343. 31, future that conditions and dividends would prospects prevailing.—V. be also paid on ' * declared 156, p. on the 1772. , ' Income Account for Gross Accrued Dividend share-has been declared on account of accumu¬ no par value, payable 11. This will clear up all arrearages (& Subs.)—Earnings— Davidson-Boutell Co. Vice-President -a . profit on sale's; the Fiscal Year Ended Aug. ——.—o._—— % Operating expenses • holders of record Feb. Net profit from sales__*— 31, 1942 $1,439,945 1,340,03d $99,855 Other income 212,983 .issue. 'Payments during 1942 were as follows:- April 1 and July 1, rents each;-Aug; 27, .56Va- cents; Oct. I, 43% cents;-Nov. 9, $2; Dec. of announced Carey the $1.75 cumulative preferred stock, said is basis ,. lations Jan. Gas & fThe 1942. an increase of 7.4%. of " electricity amounted to 164,200,000 kwh.t pared with :160,400,000 kwh. for the corresponding week of last ap increase of 2.4%. { ,A dividend of $2 per Columbia. Oil & Gasoline Corp.—Hearing— the This 1. cents Lpqal .distribution Consolidated Steel Corp., Ltd.—$2 Securities wages, 2036. company, 700,OOQ;jc,wh; 2096. The salaries, the above issue on Michael. JL. .Igoe Jras authorized the .trustees of .the Chicago. Railways, Chicago. City Railway, and Calumet & South Chicago Railway companies, all controlled by Chicago Surface. Lines, to- make a semi-annual interest payment on first, mortgage bonds of the respective ' lines on Feb, 1. The total"payment will amount to $1,855,585.—V. 156, p. -10 p; announced on Jan."27 that System output of elec¬ tricity (electricity generated and purchased)- for the week ending' •Jan. 24, 1943, amounting to 173,500,000 kwh., compared, with 161,- s i.Federal record March on Dec. 10. last - year; and 15" cents on June 23, 1939.—V; 150, Consolidated Edison Co. of New York, Inc.—Output— Chicago Surface Lines—Interest Authorized— * accrued Curtis Publishing Co.—75-Cent Prior Preferred Div.—. has received notice that six" months'— York Curb Exchange share has been declared on'the common" ■ ; . of -2li% of TO- cents per $1, payable'March 23 .to holders, of March- 4; 1941V Chicago Rys. Co.-^Interest Payment— interest par compares-: -with>25" cents "paid . ! The New dividend A stock, ago; $345,657; Federal and'S,tate taxes on income (estimated), $1,373,101; reserve for post-war adjustments, $100,000; capital stock (par $5),$1,000,000; surplus, $1,382,827; treasury stock, Dr$34,545; total, $4,307,020.—V. 156", p. 1415. $33,361; ; ■ company's new spring catalog contains 492 pages against'444 a Assortments of • many lines have been expandedy materially, ' the enlargement being chiefly in the medium and top price brackets.— •The balances, $42,308; employees' war bond deductions, $4,643; accrued general taxes, -CousolidatedTBiscuit Co.—10-Gent Dividend— year credit 43% • cents.—V. 157, p. 43% and Total •Other deductions Estimated Federal and State 130. $312,83& - 30,453 income taxes 126,866 by made at the request of the companies, that the and carry out the plan. The Court has directed the Columbia Oil & Gasoline Corp; to mail notices of the hearing to its security. holders and' to >a-ll those' who participated in the hearings of the Commission, Cpurt enforce before the Commission.—V. 157, p. 343. Net'profit to surplus Container Corp. of America—25-Cent Dividend— *A dividend of ■ 25 • cents per share was declared Jan. 21 on the, capital stock; payable Feb.- 20 to holders Of record Feb. 5. Payments during i942 were as follows:' March 3, May 20 and Aug. 20, 25 cents each; and Nov.' 20, 75 cents.—V. 156, p. 1688. Preferred Common dividends ^ $155,520 — dividends Earnings per common share„„ ••Including debenture interest of $18,151. 36,000 33,576 $0.83 THE COMMERCIAL & FINANCIAL CHRONICLE 440 Consolidated Assets—Cash Balance Sheet, plant of Diamond Alkali Co.'s standard silicate division, according to a Pittsburgh, Pa., dispatch. The estimated cost of the plant is in excess of $2,000,000. Diakel Corp. will operate the plant, although 1042 31, Aug. $143,951; accounts receivable $1,677,233; merchandise inventories (the lower of cost or market), $1,247,442; other assets, $17,378; fixed assets (less reserve for depreciation of $218,304), $150,066; deferred charges, $34,771; organization expense (less amortization), $36,486; total, $3,307,327. (less banks in for reserve and hand, on losses of $77,000), title . Pittsburgh, Pa., directors declared 22 Jan. on initial dividend for Account Net sales 1942 Cost of (excl. sold products preciation) Selling cents 25 — — Provision of rev, of revs, ,$5,600,841 not 5,038,055 3,324,985 1,980,605 $1,541,512 $870,660 549,995 379,741 : ■, < 625,174 1942—12 Mos.—1941 3,228 46,638 190,988 129.347 Net from 153,638 138,865 Net ry. $857,464 credits $646,891 95,986 Gross $222,706 32,897 profit 33,861 — $890,361 - ————— taxes charges and $742,877 Net .Net of all revs, Fed. for profits excess Taxes, "■Excess value Cr277,119 Cr33,782 2,800,662 433,236 948,941 886,790 3,852,494 3,435,625 $221,067 148,700 for post-war $4,941,996 $2,591,623 1,310,068 1,305,639 transferred Balance Dividends paid Fixed charges to % Assets— 5,258,206 Deplet. & depreciation.. Proceeds from in net 1,101,851 Cr62,094 Cr27,297 Net income 156, $2,557,374 $666,661 0 62,094 $6,592,365 Deferred $4,336,480 Delaware Gross Net Hudson & ry. 1940 $2,980,003 $2,322,901 $2,110,365 1,056,994 707,632 637,597 500,053 Net Net ry. 1,397,103 665,978 471,258 34,170,493 26,775,310 Salaries, 15,716,185 income oper. 11,402,697 7,831,850 7,865,716 8,497,736 5,619,258 5,519,101 10,423,919 income for Power Submitted Federal & Light Co.—FPC Approves Disposition of Charges— on Power Commission announced Jan. at $131,661. Pi represents about The in Account surplus. The established 156, requirements. . ,v: , Amortize the balance of $2,503,101 Account 537, miscellaneous over period of a amortization, beginning with November, 1942.—V. 156, by > Detroit Edison Co.—Reduces The company reports that promissory notes, leaving ing.—V. 156, p. 2222. Gross 15 years through monthly charges $915,296 Detroit Toledo & the 1941 Net from ry. income— 157, $707,087 1939 $756,668 $674,642 331,670 420,090 330,603 269,230 351,582 261,095 226,612 From Jan. 1— Gross from Net from Net ry. —V. railway- 8,368,864 income.. 157, 8,771.438 7,540,197 Gross Net from from Net 4,513,324 3,596,583 2,990,547 3,019,404 2,293,963 1,991,456 130. p. ry. Calendar Years— *Net Gross . from from ry. ——— Undivided ■"After —i.—_——'I profits making provisions for Balance Assets— S, V. Sheet, $306,202 240,000 2,000,000 2,000,000 1,662,475 2,000,000 Dec. Expenses paid in advance-— Deposit with N. Y. State Banking Security contracts in banks and on Department 1941 $1,259,209 1 of Taxes 982~916 1,755,126 $2 000,000 — 2 Undivided Unearned Reserves U, S. Loans discount — —— Government deposit account-—— payable — —_ Securities borrowed at par U. S. Govt, secur. sold under purchase agreem't 1,598,499 855 571,537 33,230,785 49 991,834 57 ,850,000 9,700,000 6,545,719 ties are 1 689,812 Dec.. 31, pledged to 1942, $110,938,115 of U. S. Government securi¬ secure U. S. Government deposit account loans payable and U. S. Government securities borrowed.—V. 157, Diamond Alkali A contract Defense Plant p. 343, Co.—Subsidiary to Operate Plant has been signed by Diakel Corp., Cincinnati, O., and the Corp. to provide plant facilities adjacent to the present V. C, (less U, S. Treasury tax savings accounts directly relating to U. S.; (contra), $26,651,168; real loan (less payments due currently, $79,- income on $500,000), $881,100; cost plus fixed fee contracts $170,861 "'718,972 *572,330 36,532,418 27,554,684 18,636,680 23,526,389 17,246,294 9,969,588 9,174,633 14,311,352 11,715,929 7,288,646 Net-ry. Net from Net ry. —V. 1939 $196,557 $157,933 $171,563 $125,017 72,930 41,167 67,016 38,700 43,810 8,478 40,025 2,095,757 1,689,986 * 556,928 170,943 Light 2,331,920 1,665,722 869,332 1,288,028 761,175 106,845,421 86,606,612 81,217,363 48,711,103 34,696,312 24,944,566 21,844,453 income— 24,372,832 20,931,583 13,853,996 11,464,135 40. p. dividend Co.—10-Cent of $1, par distributions of 15 10 cents payable to 1 on holders to Aug, including and each cents Feb. Common Dividend— share has been per made were 1941 1, Aug. 34,584 1, 156, *51,499 Period End. Dec. 31- 1942, and " $40,197,350 %. 13,362,523 retirement than for acquisition income Federal for State taxes) income income adjustments — 2,357,458 ' 4,019,735 ■ Net • 1501. p. 1942—Month—1941 2.634,236 $1,083,128 $950,941 576.011 52,816 622.263 6.280 5,333 75.390 58,779 14.528 219,039 196.364 $119,787 • Balance Retir, 2,653.771 619,365 $13,736,730 income 129,120 $13,938,088 ——— 2,651,935 _ Net income •—$11,240,847; ■"Provisions Nov. It Federal for tax 1942, have been made 30, and surtax; for the on the opinion of the officers of the is liability for Federal V. normal 157, p. excess 130. 1 basis , —. $166,437 ,2,474 44,165 69,358 $14,454 $210,601 $189,144 accruals. „Y t Net of the $9,934,682 months 11 that there is no 5,000 70,667 $9,454 $139,935 :■ 545 632 ■>, 6.019 $8,822 $133,916 $122,832 119,126 Balance' Sheet, Dec. $14,541; other materials and and investment special deposits 1942, At $16.31 was the value of Eaton share per year-end 32.6% Howard & of Balanced compared the with assets, of was 31.6% in preferred, stocks,: 32.4% uninvested.—V. 157, p. 218. Fund $15.57 the with bank taxes 31, stocks, and in For the operating Services week companies American National Power Power during surplus, 21, Ebasco 1943, the Services, Inc., were as N - .. above figures do not v , 1943 .. include - % 12,006 7.6 76.053 16,194 14,995 system 157, Electric Bond & Share Co,—Plan the transfer of plan Dec. in —I—-*.—— real on of course ic^.. (not 90 92,757 45,000 days ——— 5,324,306 , accrued deposit and in office— other 1941 50.283 estate..^—'———. collection overdue) on 'V 'V .77 31 1942 5,435,002 212,084 assets 11,784,177 1,020,815 :7._—. 181,164 6,972,203 p. inputs Total. of any " ' 944,843 ' 77 Reserve for taxes Reserve for all com¬ and , . and reserve Total are 1,200,000 2,250,000 2,250,000 14,438,128 — '"Valuations values 2,201,188 1 —; 376,517 .——- on Commissioners. values 20.066.121 1,500,000 surplus total 22,963,165 3,451,198 - liabilities —.15,108,923 tContingency at $59,423,786 $53,989,382 expenses—— other Capital. tq American * ' ' - i_$14,150.500 $13,457,427 —■ 13.9 344. Inc., — premiums 21.3 Approved by SEC— Services, —— Unearned claims—— Exchange Commission on Jan. 25 approved a plan foreign servicing business of the Electric Bond for ' Sheet, .. stocks—$$45,799,095t$35,551,438 —— for the ..liquidation .of the portion^ of the " invest-: ment of Bond and Shares in Ebasco Services employed in its.Tinter-. national division, which renders services to clients operating outside this country, and the placing of such foreign ^servicing in the holding provides . Reserve the and Share Co. System from Ebasco Foreign-Power Co., Inc. ' The - . Cash Net for Balance ' Interest —Increase—< Amount 107,775 92,247 122,770 the • 1942 158,078 170,084 appearing in both periods.—V. The Securities and V: ■ ; and estate Premiums All , The client which, are .subsidiaries . & Light Co.— Electric Power & Light Corp National Power & Light Co.— panies not 7,' 7 —Thousands of Kilowatt-Hours— . Operating Subsidiaries of— Power of follows: 7 American inputs $4,332; unadjusted credits, $673; 157, p. 40. $4,573,681.—V. Fidelity & Casualty Co. of New York—Annual State¬ Mortgage loans System total, $651,418; .Assets—,..-7" & Light Co., Electric Power & Light Corp. and Light Co., as compared with the corresponding & 1942 of Jan. . sold, stock ($25 par value), $1,654,525; premium on notes payable, $275,000; accounts payable, deposits, $22,786: miscellaneous liabilities, $1,343; $77,952, interest accrued,. $661; retirement reserve, ment—-': Real ended : cash, $975,610; accrued, 3.4% Inc.—Weekly Input— ■ : contracts instalment 011 ; . consumers' "Bonds Ebasco '. $4,064,504; special deposits, $200; accounts receivable; $166,781; supplies, $268,9311 prepayments, $9,899; total, $4,573,681. stock,; $17,367; 1941. invested v/as in common Dec. >7 1942. equipment, 6.312 , (Liabilities—Capital capital earned Dec:. 31, on Fund of as 31, genera! $892,014; contributions for extensions, asset 60,000 $11,702 . declared Assets—Plant .... $129,144 105,890 charges income Dividends the-1942 Revenue company profits tax under the Revenue Act of 1942.—. "'.7 W ; 7'- ■ ,-7;-'7 7 ;v. •. 6,333 512.247 income $12,586,617 2,697,240 —. (net)1 $11,980 $18,580 . reserve Gross $12,457,497 201,358 . deductions $16,621 .1,960 revenues—. income 4,081,542 695,592 .• ■ 1942—12 Mos.—1941 $84,656 — oper. Non-oper. - revenue- income from distributions > 690 3,547,792 . taxes— tax Similar while 3,612,621 !' 690 ' . 1 11,863,763 2,200,052 reserve— quarterly common 25. last, $104,692 . Taxes $37,556,703 .&£$'• repairs— j——: for 1941 ■ the on Jan. 2, 13,392 Maintenance .1942 y Nov. 68,399 revenues Operation Co.—Earnings— '. declared of record and May made.—V. were 1 Gas Works Co.—Earnings— Fall River 216,475 / 2305. p. 1,849,706 1939 1,350,774 338,381 32,423 $7,051,757 ■■ railway——„ oper, 157, stock, 13,887 1,537.948 361,527 1940 $7,689,324 1,701,288 133,353,572 railway— Fairbanks A 1940 1941 $9,038,592 3,802,154 income—. oper. from Gross Ry,—Earnings— 1941 J 1942 railway—: $11,146,473 railway—, From Jan. 1— Y 130. from from Net *547,145 i RR.—Earnings— December— Gross *$158,778 $662,763 Counsel, 152,. p. 984. : 1939 10,000,000 $115,984,171 $65,647,394 — Note—As of 1940 27,477,475 ,.. utility plant 2,000,000 - Total ' 1942 $2,000,000 789,629 . 000,000 1 662,475 420 profit $1,089,098; accounts receiv¬ War bonds (at cost), $7,500; S. B. Robertson, former Executive Vice-President and General Erie *1,071,713 _. operating ended week Liabilities— Surplus hand, salaries, and State taxes series Interest Net 985 -$115,984,171 $65,647,394 stock 1941 income--- (other Other 43,017 • against , cause JY.: . 43,880,824 railway— "■Provision Provision of Total Capital tOutStanding, shares in 1941,— 184,107 985 . been elected President, succeeding Howard Flagg, who resigned be¬ of poor health. Mr. Flagg will remain on the office staff.— has 19.41. par \ bonds, 45,381,348 .. . Employers Reinsurance Corp.—New President— J. de¬ for reserves "■800,646 _ p. railway oper. Amort, 17,023,602 hand 80, 1942 772,520 Eaton & Howard Balanced Fund—Asset Value— 29,759 — U. increase profit 890), $169,587; 7% cumulative preferred stock ($100 pari$883,100; common stock ($4 par), $1,553,180; paid-in surplus, $222,039; earned surplus, $1,292,975; total, $32,375,350.—V. 156, p. 2305. $4,080,423 *1,639,821 , 1,598,499 1942 $i 096,606 Treasury notes, bills and othkr securities—————————— 112, 723,575 received accrued—— 150,330 Interest no expenses Net ■;. on which of accounts directly estate and chattel mortgage 4% 1,013,532 1,083,173 _ income—„ Appropriation 31 hand on $767,934 In 80,159 revenues contingencies. bonds, S. Cash and - Acceptances U. taxes 223,000 -100,000 ■ * 1,313,987 _ railway.,-— Duquesne Act. ■ , notes, Government 1.202,392 t.Less 1941. and $456,047- :Years Ended Nov. 30—. 1941 350,000 profits Capital funds: Capital Surpius : $413,977 undivided and $1,382,152, percentage during the totaling' 25 payable, $258,073; mortgage loan payments due preferred dividends payable Oct, 1, 1942, $15,454; commissions, taxes, etc., $368,783; provision $79,891; wages, $48,825; 2,000,000 declared 1 $4,836,328 and - railway from Net Income Annual Report1942' —.i.'—— profits Dividends 1942 1942 r:- oper. Gross Discount Corp. of New York $2,053,318, was relating to U, S, Government fixed fee contracts (contra), $26,651,168; post-war refund profits tax, $13,000; fixed assets (less reserves for deprecia¬ $2,100,260), $1,903,822; patents, manufacturer's rights and for Federal 91,880 59,226 From Jan. 1— 6,702,308 3,624,902 2,158,996 _ railway— Y;: oper. of accrued 267,875 112,468 919,075 and Duluth Winnipeg & Pacific December— Maintenance >369,250 _ in railway—„ oper. "■Deficit.—V. outstand¬ 1940 1942, -83 1.57 '■< , Sept. Sheet, $1,149,018; $1,425,102; to lower " notes RR—Earnings— $775,397 349,355 ■200,000 1942 Operating Ironton income.. oper. of $.20 • Liabilities—Accounts $350,000 471,100 1942 ' Operating 1942 railway.. railway--—. from ry. tion Indebtedness— $4,310,000 plus excess $154,500 the t deposit on reserve), Operating ; from Net of in in chares railway- J from Net during 1942 it paid $2,000,000 of its 2'/4% total a DecemberNet of 57,039 1,013,240 $27,500 oper.. income— Net equal of railwayrailway—_ from ry. ■■V"- 2037. p. cost $4,080,426 ,-68.437 ___„.i—-—.—w,— "■Deficit.—V. 156, Gross ) for Balance 1 From Jan. 1— depreciation , ended Sept. 30, • . (less from responsible ■ currently, —.1— from Net tion , partially ."Assets—Cash 1,805,147 , increased taxes inventories, * )estimated). 1688.; p. Net Thus The amount of $3,311,663 to be disposed the original cost. Immediately charge off $243,043 to Account 271, earned surplus, rep¬ resenting available surplus at July 1, 1942, after providing for certain Com. None 15.71 preferred 7% cumulative stock. Dividends share ($97,073) were paid on the common stock. per able 2,669 , .. lS-month period , Duluth Missabe & Iron Range Ry.—Earnings- of Immediately charge off $405,596 to Account 250, reserve for deprecia¬ of electric plant, representing company's determination of previous accruals applicable. to electric plant acquisition adjust¬ ments. ■' ■■ ' 138,739 the on income sales, .1,1.74 , • $500,000 adjustments-^— December- company plans to dispose Account 100.5, as follows: in 4,881,855 Per Share Pfd. $2.01 76.00 was . 1,202,653 par no Gross dispose of the amount of $159,922, estab¬ by an immediate charge to Account 271, earned of the amount of $3,151,741, 107, taxes reserve of V, proposes, to company lished 30% Net, 43.58.., cents 'f ——U__ „ 80,176 and in progress follow; years 671,166 . — preciation ap¬ , coat previous 384,875 .1,460,184 , , $4,836,328 and payroll taxes local-taxes, ,& royalties,.; surplus ."■Less course of reclassifying the company's determining the original cost of its properties. of Jan. 1, 1937, the company's revised cost studies show original of electric plant in service at $11,079,855 and construction work As with $17,772 530,640 i;.—> 57,709 post-war surplus original cost in the over accounts 5,912,248 3,315,466 ■ Earnings year 1942. 1941 721,463 : stock Earned proval of the plan proposed by company for the disposition of $3,311,663, of which $159,922 represents write-up and other erroneous charges to plant and $3,151,741 has been established as other excess charges 18,148,239' 8,351,486 4,884,588 taxes; met profit after taxes was $671,166. The regular dividend of $7 per share ($61,817) was paid $223,572 equipment—, 1,922,629 State & Capital Pro¬ its 20 *"/ 157, p. 40. 22,138,090 „ , tCapita) 343. p. Delaware The v commissions wages, Fed. Federal 25,452,489 5,541,975 $3,780,545 • y.—1,872,472 * Accrued 396,146 45,642,213 29,387,656 11,577,631 3,681,119 goodwill, $1; prepaid and deferred charges, $136,641; total, $32,375,350. Total gram and 11,931,754 before • $250,403 —————— Reserve income., oper. from 157, Oct.; 31. payable to bank— ——; Accounts and dividends payable.^—; 1939 $3,819,957 railway,. railway— railway— from railway——.. —V. reserve) plant, 33,716,298 income— Net $2.28 year ended Oct; 31, Sheet, Notes 1941 From Jan. 1— Gross Balance Liabilities— RR.- -Earnings— 1942 from from Net (less charges . Total December— 745,555 railway,— railway, oper. Profit for the 2305, p. 802,589 590,971 1939 $2,028,164 194U„-v.—7,652,833 60,376 (less reserve),.—% 1,173 advances, employees' accounts, etc.—-.;" 3,879 Estimated post-war refund of excess profits tax;;%,6,600 tProperty; —V. 998,327 Sales $183,540 $4,48 ■ Traveling Cr27,297 769,641 211,325 1 1942———„-4-r' 52,869,704 100,200 $3,08 accounts, notes and, acceptances receiv. Inventories 2,812,117 from ry. 1939——————— 73 , 1942 of excess 792,110 1,036,058 income 1940—I———. $358,986 , 100,222' ———————_ "■Trade $7,086,503 4,072,785 1940 $2,280,001 Sept. 30 37,600 Sundry stocks and bonds value book 681,417 $246,777 "• :' ! of sale securities $1,285,984 $10,637,853 $3,631,928 ^ 1941 $2,657,830 railway.,: Comparisons ^100,000 rebate of $6,600 for the fiscal Cash !_•— surplus— Comparative $15,854,947 $12,344,709 5,217,094 Earnings— 1942 $2,772,899 Year Ended 71,100 Cr 1,957 100,000 - provided 'for——: or ■>Less post-war ———— Balance ; Crl,460 adjustments v, 151,900 315,800 profits tax —_—~ for prior years' taxes.. Earnings per share on capital stock Net before fixed chgs., etc. Ebasco Services. 35,501 excess 1—J— tax Provision Fed. income—..i on $3,444,631 $22,508,103 $16,213,570 $5,61.1,818 in $398,576 Emerson Electric Mfg. Co.—Annual Report$812,737 „_l—- declared 62,848 * ■ and & taxes— than other taxes COS.— income for country, Share railway.,— oper. from —V. $256,568 $680,029 77,625 income Adjustment Prov. and from 175,812 before Normal 15,797 * the outside concerns Elgin Joliet & Eastern Ry. 242,317 —T_. deductions Other $3,441,403 $22,461,465 $16,197,773 10,977 serving December— — expense income Gross profits — Bond Gross Net companies consolidated a and purchases from from de¬ of .j—— Other income and special — of will reacquire 4,000 shares of its capital stock for $400,000 in cash, canceling such shares and reducing its capital stock by that amount,—V. 157, p. 344. 1940 " Net subsidiaries From Jan. 1— Companies consolidated for depreciation——T_— for Profit Net the $2,851,265 ———, expense Administrative $18,891,088 $14,534,706 $74,693,200 $57,833,994 13,290,247 11,093,303 52,231,735 41,636,221 L—— — Expenses the International Corp., cash. 31 1941 $4,866,498 $6,938,823 —-———' —— Operating Gross Oct. Power, Ebasco Foreign Power will purchase from Ebasco Inter¬ national 1,990 shares of its capital stock for $199,000 and advance to it on open account $199,576 to provide it with the cash required for $1,900,768 of Services Foreign will transfer to Ebasco Services, then (& Subs.)-—Earnings- 1942—3 Mos.—1941 Ended Years V share on the outstanding 400,000 shares of common stock, payable Feb. 15 to holders of record Feb. 5, according to H. N. Greis, President.—V. 156, p. 1951. period End. Dec. 31— New American income per Delaware and Hudson Co. Kellog Co., Inc., inactive subsidiary of American and Foreign Power, all the and assets employed in the international division of Ebasco properties Dodge Manufacturing Corp.—Annual Report- , an and M.' W. Services, presently , . 3558. Deep Rock Oil Corp.—Initial Distribution— The Ebasco The latter company is designing and building the plant.—V. 151, York. payable—bank and broker, $65,000; accounts pay¬ able, $217,447; accruals (taxes, salaries, commissions and interest), $226,292; reserves for deferred taxes, contingencies, etc., $175,758; reserve for possible decline in merchandise inventory values, $40,000; long-term debt, $300,000; 6% cumulative convertible preferred stock $100 par*, $600,000; common stock $10 par), $1,343,050; capital sur¬ plus, $57,204; earned surplus, $282,576; total, $3,307,327.—V. 152, p. 675. ' / ' ' / the Defense Plant Corp.. with remain company system of American and which receive the services rendered. Corp. was incorporated recently In Ohio and is owned jointly Diamond Alkali Co., by p. Liabilities—Notes . will Diakel Monday, February 1, 1943 $59,433,786 $53 989,382 basis approved by National Association of Insurance tContingency reserve, representing difference between carried in assets for all bonds based b 1.352.436 Dec. on in- 1941 31. < and stocks owned 1941,. market and $1,280,287 , deposited for purposes required by law.—V. 155, p. 399. - (Continued on and total quotations. iSecurities carried in. 1942 1n the above statement page 473) - Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4147 157 Stock and Bond Sales DAILY New York Stock «» WEEKLY - 441 Exchange YEARLY - NOTICE—Cash and deferred delivery Bales are disregarded in the day's range, unless they are the only transactions of the day. No account is taken of such sales in computing the United States Government Securities Below we furnish Stock Exchange during the current Figures after decimal point represent week. Jan. 23 Daily Record of U. S. Bond Prices Treasury 4y«s, 1947-52 the New York Stock on Jan. 25 Jan. 26 Jan.27 Jan.28 one or more Jan.29 32d of Daily Record of U. S. Bond Prices \ [Close Total sales in $1,000 Total sales in $1,000 High Low sales in $1,000 units 2VaS, 1962-67 Total sales in $1,00 sales in 100.19 100.20 100.19 100.19 100.20 100.19 100.17 100.19 100.20 100.19 1 3 $1,000 units ... [High , tV*s, 1951-53 Total sales in $1,000 units f High (High •{ Low 2Vis, 1952-55 Low (Close [Close Total sales units High 106.29 [Close Total Low sales In $1,000 In __ 106.29 units... [High 2 Vis, 1954-56 Low • ... Close Total 1 sales in $1,000 units (High 3%S, 1949-52 —J : High Low 2s, 1947—. Total sales In $1,000 Close Total sales In $1,000 units units ... High [High Low 2s, March •{ 1948-50 Close Total sales In $1,000 — Low • ... [Close 3s, 1946-48 ... $1,000 units 106.29 • ___ Close $1,000 units VbS, 1946-49 ... Low Close 3 5 Close Total sales In Low Total sales in $1,000 1 Low • High \ 4 100.17 $1,000 units 2%S, 1967-72 units. 3%8, 1944-46 1 High Low In 100.21 100.21 100.17 Close Total sales 100.21 100.18 [ Low 1963-1968..., Total 3%s, 1943-45 Jan. 29 100.18 — — (High Total sales in $1,000 Jan. 28 (Close 2%s, units 3%S, 1943-47, Jan. 27 100.18 ... units Close Total sales In $1,000 Jan. 26 f High Low ■ Jan; Low f High i Low — (High , the New York — [Close —, 3%s, 1946-56 on units Close Total bonds [Close units., 4s, 1944-54. Jan. 23 [High 2Vis, 1956-58 Low coupon point. (See note below). a [High — for the year. Exchange daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation a range juow [Close units.. Total sales in $1,000 __ units _ ' High 3s, 1951-55.... High Low 2s, Dec. 1948-50 Low Close Total sales in $1,000 Close units— Total sales in $1,000 units "nigh 2%S, 1955-60 109.13 LOW High 109.13 Close __ 109.13 Total sales in $1,000 units.. Close Total sales in $1,000 units *4 [High Low 2%s, 1945-47 Low 2s, June, 1949-51 [High J Is, Sept., 1949-1951. \ Low [Close Total sales In $1,000 [Close units Total sales fHlgn [Close - Total sales In $1,000 107.6 in $1,000 units 107.6 •{ Low 2%s, 1948-51 107.6 units 2s, Dec., 1949-1951 High Low . Close Total sales In $1,000 units 1 (High 2',is, 1951-54 f High Low • 2s, 1950-52 | (Close (High Total sales in $1,000 108.15 [Close Total sales In $1,000 units 108.15 I Low 2%«, 1956-59 108.15 units [High 2s, 1951-55 Low [Close Total 1 sales in $1,000 units "Hign 2'/is, 1958-63 \ Total sales in 1%S, 1948 1 f High 4 Low [Close — [close Total sales In $1,000 Total units........ C High 2Ha, Federal J Low [Close 1945 Total sales in $1,000 Total .] 3s, units Low Dome Owners' Loan Close (High Total sales in (High Close j Total "'Odd lot sales. NEW YORK STOCK Saturday Monday Jan. 23 Jan. 25 Jan. 27 $ per snare I per share 54 55 55% 111 46% 8% *35 8% 55% 600 *111 114 *111 114 70 *35 46'/a 56 114 36 *35 36 *35 36 *35 36 20 45% *45 46% 46% *45 45% 8% 8% 8% 9 8 % 25% *25% 26 *25% 15% 15% 15%; 41 41% *15 41 Va *65 67 4 6% 6% 19% 201/4, 19%. 69 *7 *64% 7% 149% 150 -ii y* ♦71/4 150 11% *84% > 7 7 6% 171/4 16% 19% 69 • 40 41 61V* *65 70 4 41/4 4 19% ■ 7% 152 152 7 19% 69 7»/4 152 ' 6% *84% 19% *71/4 150% 20 20% 5,700 69 151% 152 28% 19 19 19 19 *14 li/4 152% 12% 18 152% *11% 12% 300 18 152 7% 18% 3,000 7 10,300 - 2,300 7 7 75% 75% 75% 75 y2 400 27% 28% 281/4 28% 28% 29% 12,600 19% *19»/« 19% 19% 19% 191/8 19 y8 1,100 li/4 *1% li/4 IV4 11/4 1,900 ♦141/4 14% *1% 6% *75 7 14% 14 141/4 70 71 70% 71 70 70% 25% 25% 25% 251/4 25% 54 52% 53% 521/4 53% 52 53 451, 1 1 7 500 28% 251/8 69 7% 75% 251/4 page 23,100 28% 70 see 8 19 75 28 1% 7% *64% 7% 58,100 II *73% 75 footnotes 20 *71/4 7% 17% 75 For 19% *64% 19% 69 17% 281/4 . 7,100 5,700 *171/4 28y4 251/8 7% 17% 17% 75 69% 7% 17% 7% 100 17% 17% 7 87 7% 7% 7 *111/4 7 *84% 17% 7 6% 16% *64% 87 16% 7% 6% 161/4 12% 6% 30 7,300 II *lli/4 171/4 8,600 4i/a % % 12% 6% 14% 7% 71/4 17% 90 % . *111/4 17% 11/4 *64% *84% % 11% 6% *13'/a 401/4 67 4y8 11% 17% l'/4 87 \l 7% 6% 16% *64 39% 2,000 ' % 61/4 15% ' 85 16% 15% 67 4 16 200 40% ♦65 4 ■. 11,700 26 40 67 4 ft 200 9 26 8% 15% *65 85 46% 8% 26 15% 4 6% 6'/a 411/4 8% *25% 15% 67 % , 40% *45 8% 26 15% 4 87 % 15% *65 4i/a .*81 15% 55% *75 NEW Acme Steel Adams Co .No Address-Mutigr Corp. Air Reduction —10 NO Inc.— Ala & Vicksburg Ry Co..—, Alaska Gold Juneau par .100 Min___ & 85 28 7 Jan 25 .ft Jan 11 5VaJan 5% Jan 13 ■' Jan 18% Jan 64 Jan Corp.: Mfg 2 15 39 Sep 26 5V2 18% 10 29% 61 7 28 22 28 14 1% Mar Jan 25 85 ' (| Jan 28 8 7% 17% 20% 64 Jan 29 Jan 29 Jan 29 Jan 29 Jan 15 7%-Jan • 69% ft 3»/2 3% 8 11% Jan 25 10 18% 7Va 75% 29% 19% IV4 14% 29 26 28 > 11% Apr 4 Apr 64 July 29; 26 22 ^-No par Alpha Portland Cem— ...No par Amalgam Leather Co Inc .1 14% 14% 700 701/4 70% 72% 2,200 Amerada 25% 25i% 25% 5,700 Am Agric 521/4 54% 541/4 54% 5,400 American Airlines 6%conv preferred Corp Chem ; 50 —No par (Del)— No par tnc 10 52 Jan 27 Jan Jan Jan Jan Jan Jan Jan 72% Jan 25% Jan 56 Jan 23 ; 29 29 26r 4 r Apr Apr Aug Dec Mar 18% Jun 25V'4 Apr 14% IJ 11 43 4 Nov Dec Dec Dec Oct Nov 73% Feb 77/a Dec 118Vz Apr May 26% 16% 41% 69 Dec Dec Jan Jan 6% Nov 6y4 Nov 17 Jan 22% Jan Apr 10% Jan share 94% Feb % Oct July Jan Apr Apri 152% Jan 29 16V± Jan 4 6V* Jan 2 73% Jan 7 26y0Jan 7 17% Jan 7 % Jan 13 13y2Jan 20 x67 Jan 14 23 Jan 2 . •? 9% Jun 1 16 Mayn 57 Va Novf 3% 4 per 51V2 113 43 48% 8ya Apr Jun Mar Apr Jan 9 ..No par .—100 7 2 2 11 25 140% Jan 1 —No par preferred Petro Jan Jan 15% Jan 42 Jan 67V4 Jan 4% Jan 36% Jan 13 par Dye__.„No Allied Mills Co Inc 5% 9 27 I May Mar May 19 1 Allied Kid Co— Allis-Chalmers 46% Jan 6 Jan 22 Jan 8 Jan 8 37 104 31 5 —..5 Chemical Allied Stores 5 Jan Jan Jan Allen Industries Inc Allied 23 Jan 3% Jan .10 Albany & Susq RR Co—..——100 Allegheny Corp —.——No par 5%% pf A with $30 war— 100 5%% pf A without war 100 $2.50 prior conv preferred-No par Alghny Lud Stl Corp —No par Alleg & West Ry 6% gtd— 100 112 4iy4Jan par % per share Jan 21 63 25 7% 25% 14% 38% 67 No par — Corp Year 1942 Lowest Highest I per share 4 Jan 35% Jan No par .25 Express Adams-Mills 51% Jan 111 100 Abraham & Straus Since January I Highest t per share „No par preferred 24% 14% Lowest Par 4% 70/4 • Range Abbott Laboratories *13% - Range for Previous YORK STOCK EXCHANGE Shares I per share *55 "111 25% 26 the Week 114 41% *25 I per share *55 55% Sales for Jan.29 Jan. 28 I per share 5 5'/a Friday Thursday '111 36 46 y8 . i-Sale of registered bonds, all others are coupon issues. STOCKS Wednesday Jan. 26 111 35% $1,000 units.. RECORD PRICES Tuesday ,, 54 35% 54 HIGH SALE 112 *45% in units LOW AND S per share sales Low [Close 112 Low • — units 2Vis, 1952-54 *53% $1,000 units 1%S, 1945-47 ("High sales in $1,000 j Low Low [close Total [ High 3s, series A, 1944-52 [Close __.J Treasury Low [close Total sales in $1,000 units sales In $1,000 units 2Vis, 1950-52.. \ 1944-49 v. Vis, 1949-53. Total sales In $1,000 Low sales in $1,000 units [High Low High Total High Close [Close 2 $1,000 units— units 1948 Total sales in $1,000 in Mortgage 3%s, 1944-64 (High 2Vis, sales Farm 103.16 103.16 $1,000 units (High Low Low [Close 1953-55. 2s, Total sales in $1,000 units 1960-65 103.16 [High Low Close 2 %B, Low [Close Total sales In $1,000 units - 149 : Jan 12Va Jan 16% 6% 81 30y8 19% 1% 18% 70l/2 24 58y2 Nov Nov Jan Jan Nov Jan Jan Oct Nov Dec Jan. 22 I per *97n t thart t I share per 10% 10 *47 47'/a *47 477a *5 74 574 53/8 5'/a 5 7a 57a 5 7b *31 Va 32% 31 VA 32% 32 Va 3274 3274 76% 76% 28 Va '687b 197'B 69 69 % 69 Va A *95 98% 98 74 1934 *17% 19% *17 Va 67a 2,700 175 175'4 98 177a 16 7a 29% 10.800 7174 70 70 % 5,000 197 a 3,500 70 71V4 69% " 98 98 *95 98 193/4 *177a 1974 *17% 1774 1774 1774 17% 17% 97 Va 97% 98 98 *98 16 3/4 1674 16 3A 1674 *16 74 1674 *2 " . 27a 2% 507a 50 5074 51% 8:% 8% 874 347a 343/4 34% 274 274 234 12,400 51 9 9 Vb 44 7a 34 27 s 3 *35 33 130 American 4 374 Jan 20 43/B Jan 29 17b 717a Jan 2 78% Jan 27 5674 Jan 9 Jan 4 159 22 20 0% 200 3674 Hide 176 6 5 717<4 Jan 28 35% 35 Va 7„ 54% 54% 5474 54 7a 54% <2,700 American '3% 3 % "3 7s 3% 3% 3% 3 7b 374 4,500 American 33% Dec Apr Dec 7474 Apr Mar 176 Oct May 33 Jan 733/, Jan 20% Jan 5 19% Jan 25 16 May 100 109 % Jan 28 1097a Jan 28 105 May 110 Mar 97 Jan 29 101% Jan 2 69 Mar 103 Dec 15 Jan 18 26 77b Jan 4 22 14 92 18 % Jan par 2 18 Jan 97% Jan 27 99 Jan 8 17% Jan li—1 2 2 7b Jan Dec Dec 2 2 74 Jan May 10074 Dec 16 y« Nov 7b 6 7 77a 7 7a Mar 16 13/4 Jan 3 Jan ' 674 Jan 8 Jan 19 A 2474 Jan 21 26 74 Jan 5 1674 77a Jun par 13/4 Jan 2 274 Jan 28 as2 Nov Dec Jan —No par .No par 46 % Jan 18 52% Jan 29 1874 Jan ■ - Nov 25 Va 37. May No par .No Oc, 374 May 5 1574 Jan '' Dec 49 74 Dec 2 Dec Jan 6 9 7. Jan 29 % Jan 874 39 * Jan 6 4574 Jan 29 10 74 Jan 4274 —..10 32 - Jan 8 343% Jan 25 2572 Jun 35 "2% Jan 4 37b Jan 22 2 7a May 3 7s Jan Sep 3674 Oct SS Co 7 1 Leather— & • > Jan 5 35% Jan 21 32 72 53% Jan 7 5574 Jan 4 X3674 35' _5Q preferred conv 35 "A 547b Feb 557a May 173 ' 3574 13074 Apr 1273/a Jan Oct Jan 33 Apr No par 900 543a 120 1474 Jan preferred 35 74 23 12 10 Tiling American Hawaiian 54 27 Jan • Power— 700 *35 Jan Jan 65 Export Lines Inc ♦ ■ • 2 29 ——10 ——100 .20 Co i . 3 2% 3 I,300 457% 3374 a 6 7a 2 7 74 Jan ' 43%. *33% 374 Mar Jan <674 Jan Co preferred—/ $6 6 par No $7 2d preferred A 15,700 9% 974 33 7 43% 44 34'A (6,500 5274 517a- 517a $7 Nov, 4 2474 Jan No Encaustic Forbi Amer. & Oct; 49 29% Jan — European Secs__; 36% *35 36% *2% 3 3 3 3 3 . *33 7a 34 34 ' 44 44 44 44 Va 44% 347a *2% *35 27'b 97s Apr Ailegh Co N J_—25 Distilling American 1,500 9 Va Amer 25 74 ' 447a *44 8 9 874 9 100 25 7b V Inc preferred Colortype American 2574 51% 487a 50% 50 274 "274 27s 2% 27a 2% 500 1» 7 , Anifi- *2474 , ' 7 7 *6% 274 2 Ve 2% *2% 7 26 500 * Jan 3874 par No Crystal Sugar j. 0% ,1st preferred—.— 230 ? "• Fdy; American - 2% *63A *243/4 7 25 Va 25 V4 25 % 25 2% 2 *674 7 *6% 7 25% American 98 Va 17 & Chicle 200 574 4 4 72 Jan 100 _ Cable & American 25 47% Jan 100 conv 2,700 .» I?3. 17% — Am Coal Co of 7 *6V4 7 *674 7 *6 3/8 5% 1974 *17 7a Chain Am 10% Jan 5 .1 - shares per 5 25 Corp ; Car Highest t I per share share per 1943 Lowest , Jan 47 No par 100 Preferred 300 97 97 American 100 112 *108 a 987a *16 3 4 2% 2% 2 Va *1% *6% *24 16% 16% 109 7 109 % 112 17% 99 *98% 16% 19% 19% 19% 197a 19 7a 98 177a 17% 17% 99 tPreferred 180 28% & Radio I share per Previous for Year Since January 1 Highest 874 Jan 10 50 1 Corp— Can American ' 2974 " *98 7a ! -.— . Fdy preferred— conv Cable Amer 40,000 78% 474 28'4 67a 7 474 78 29 74 19:,/4 *6% 4% 787a 1757a Vt 9874 *18 7 3% 78 74 Bosch $ Par . Brake Shoe & 574% 90 130 129 374 78 7a *107 *95 *674 Am 27% 112 *107 1,300 175% 19% 19% 112 *107 130 American 175% 7074 69 Va 19% 19% 197a *128% 1307a . preferred 33 33 33 0% 2,600 175 74 2874 28 *32% Note American* Bank 6 374 176 176 29 % 29 28 34 110 *107 176 175 A 176 176 574 < , 470 4774 4774 5% ■' 1,400 10 78 7a 78 77% 4774 5>k 33 *130 37a 37a 78 78 130 130 33A 3% 3% 3 % 130 *129 130 129 4774 5% *47 47% ■* Lowest EXCHANGE Shares share per fo- Range YORK STOCK NEW the Week 10 10 10 97/4 i per share t share per 974 10 10 10 47 Va *47 share per Sales Jan. 29 Jan.28 Jan. 27 Jan. 20 Jan. 25 i Friday Thursday Wednesday Tuesday Range STOCKS PRICES 8AI.E HIGH AND LOW Monday Satarday Monday, February 1, 1943 FINANCIAL CHRONICLE THE COMMERCIAL & Dec Oct ' t *54 7a 54% 54Va 5434 3% 3% 3 A 37b *4074 5% "5% 67a 6% *6 7a *41 % 45 *41 43 Va *41 57a 6% 6% 67a *6 874 874 834 83 Va 83 3/# 8574 127a 8% 8% 2274 22% *1167. 2874 12% *116% 29 28/4 17a 2 2'A *116 74 120 1% 17s 1 2134 21% 217s 22 % 22 % 18 7« 187b 1974 19 7b 197s 674 6% 6% 6% 67B 1874 6% 67s < 45 42 42 9 74 9 7a 8374 ." 9 74 83% 9 9 83 3/4 'A 120 293/4 297a 1% 1% 1% 197« 7 17,600 158 151 , ' . 117a 57% 5774 57% 58 58 58 Va 58 587a 58 58% 58% 59 9% 9% 10 13% 39 39 3 a *145 146 Va 3974 39 147 146 *39 7+ *18 34 18% 187b *96% *22% 46 47% *40 150 12 13% 19 % 1974 14 97 *97 237a 23 7a 23 % *23% 2 4'A 130% 1323/4 132% 133% 130% 132% 46% 46% 47 % 47% 47% 47% 48% 4874 140 3/4 14174 77b 77b 734 774 477a 1397, 34 347a 34 Vb 34% *118 119% 118% 118% 7% 347b 734 7% 140 7a 33aA 35 * 3474 33 % 347a 118 % 120% *118% 120 7a 337a ■ 3% 597b 474 37i 3% 583/4 474 47a 3%. 62% 62 7a 43,4 4% 2674 26% *25 27 25% 1774 17 17Vb 11174 111% * 474 26% 26% 26 26 *10'% 1074 *10 7a 174 *174 1% 35% 35% *353A *109 '/a 110% 36 % 3674 *35 Va 110% *1097a 1107a 33A 3% 334 *47 Va 51 51% 52% - 5274 *674 77a *6% 774 *4 7a 474 47a 1 7a 774 47b 5 *87 774 ■7 *74 76 *73 76 75 7a 77% *76 *63 64% *63 647a 65 65 *23 29 Va *29 297a *29 71/2 7% 7% 100 48% 100 100 48 3A 69 28 100% 48 29% % *100 7a 100% 47% 49 697b 70 2874 2774 28 a 35 74 25 Jan 16 19% Jan 2 97 Jan 25 23% Jan 374 14 5 Tobacco———No par Sumatra 2174 Jan 14 -.100 12774 Jan 2 Telep & Teleg Co/ $6 . Elec_—'_No .—.—No par preferred- 1st Preferred" —— 7 74 77a 32 7a 474 5 1 W P Cable—//—NO' par & 7% *77 79 *76 *65 7a 70 *65 Midl'd.'—-No par pf 7% gtd—100 *29% 29% 102 48% 71 277a * 30 2974 1007a 10074 200 100% ■ 71 27% 4774 47 47% 20,700 71 X46 7a 71 72% <3,300 2874 287. 2874 *20% 217b *2074 21% 21% 21% *2174 2274 45'% 457a *4574 45% 45% 457a *45 Vb 467a 2074 19% 20% 1974 20 20% 20% 5,600 111% *108 74 *108 74 110 *1087, lllVa 111% *108% 7 51 7% 7 51 51 *108 7b 77a *51 73A 8 *51 5174 110 8 513A *7% 8% *7 7a 8% *774 *3 3V4 3% 37a *3% *774 374 34% 35' 34% 33A 37b 35 7b 3% 374. 33 3574 3% 874 *3 8 3% 3 74 35' 33A /•' 115 *774 *3 *36 374 8 74 3 74 *56 400 3574 35% 3% Jan 18 110 Jan 20 37a Jan 29 2774 102 Dec 36 Apr 11174 Mar „ Sep 4V4 Jan 5374 Jan 29 42 Sep 677a Feb Jan 20 40 % Oct 66 Jan 29 21 Jan 3374 Dec Jan 19 574 Mar 8V4 Nov 29 274 —— Coast Line ——100 RR 1 W I SS Lines— 6;% Jan 9 7% 47b Jan -7 5% Jan 074 Jan 4 727a Jan 11 "774 61% Mar 77% Jan 53 Jun 83 Ja 1 Jan 2874 Dec 8174 Jan 100 7a Dec 19 277a Jan 53 Oct 29 60 Vb Jun 72 % Oct 2874 Jan 22 1974 Jun 347a Oct 19 16% Jun 34 Jan 33 77% Jan 101 7 66 2 72 V4 Jan 13 22 26 21% Jan 8 Jan 44 Oct Jan July Jail 44% Jan Jan 82 May Apr 674 Jan 49% Jan 19 474 Apr ' 79 267a Jan Jan 4 V4 4 45% Jan 26 45% Jan —25 183% Jan 7 1474 Apr 23% Jan 10874 Jan 19 20 7a Jan 108% Jan 29 -100 19 993/4 July 109% Feb Corp—k—_——5 ?preferred—z_z 50 6 74 Jan 4 374 Jan 28 6% Sep 7 Jan 507a Jan 14 5174 Jan 28 4674 Apr 51 Dec Jan .100 Refining—, conv pvef series A Powder— — par 52 Jan 9 58 Jan 27 43 May 70 113 Jan 12 115 Jan 13 111. May 116 •7% Jan 7 774 Jan 22 Corp—— No par Jan 3% Dec 1% Apr 26 15% Apr 374 Jan " 2 37e Jan 29 274 Jun 1274 Jan A—-—No par of Del (The) —_3 Corp 974 25 L - 7 Jan Api- 37b Jan 3574 Jan 2% Jan 28% Jan prior 7 5 Nichols/———//—No-par Aviation Mar ——100 ///—No preferred conv Austin; 28,900 Oct ,17b July ■ 2 preferred— 5 % $5 Jan 12% Mar Sep Jan 17 Jan 27a 12 430 374 36 2 Jan 5%. 8% 374 11 34 4 ; 367b Jan 1087a Jan Jap 46 Atlas Tack 3% *3 1 Jan 112% Mar 774 May 22 Jan Atlantic 115 *774 14 '1% Jan 100 4%r - 10% Jan 5 Co.—"—/.No par 110 58% *113 13 1% Jan 20 Atlas 58 7a *56 *113 10% Jan 29 & Jan , 30 Dec May 2974 Jan G 50 2874 1274 Mar 66% Jan 27 300 58 115 24 107 5 •6% 58 12 7 Atlas *113 25 Jan Jan 9,200 57 26 112 Jan ■500 115 Jan 26 4 Jan ' 29 8% 57 24 59 52% *113 Jun 2274 May 17% Jan 5% Apr 38% 22 34 8% 59 37a 27 " 2 2 *5174 115 27 Jan 47 11 , 20 874 *57 5% Jan Aug 26 34 Jan 2 Jan Jan 5174 *113 Jan Jan 8 74 58 Jan 7634 30 51% 115 574 Dec 49 500 207. Dec 5174 39 100 "Atl 100 217b 207a 3 7a 22 49 Atlantic /,<; <5,500 46% Feb 26 2 5fe 150 < .. 70 74 Jan 5 Jan Assoc Investment 300 2974 101 200 Jan Nov 4 • Apr 63% Jan preferred—. — 100 Atch Topeka & Santa Fe_ .100 "5% preferred—-//-/(.——j—100 б,100 ? 29 174 Co— No par Arnold Constable Corp—-.—.5 Artloom Corp——————_No par 7% preferred———————100 Associated Dry Goods— —IA 6 % 1st preferred———100 7 f# 2d preferred————100 1,100 116% 108 74 May 3 preferred Armstrong. Cork 100 V Apr prior preferred.—..No par $.6 conv -1,900 „ 5 7% 70 60% Jan .——No par Copper Mining 20 Paper Co Inc.———5 Co of Illinois 22 27 5 Daniels 374 26 20 Co (Del) 79 667. Dec Jan 16 Va Jan Armour & 774 79 Nov 337a 43k Jan 1117a Jan Armour & 99 7 3/8 Jan 774 120 29 119 12.50 Corp Archer {2,500 .4. 24% Jan 400< 57b *87 143% Apr 27 5 : Jan 42% Jan $5 div preferred A j Jan Apr Jan 8 2 300 7% *7 5074 5 5 19,100 34 Jan Jan Apr 3474 22 374 Jan preferred———25 $5 prior conv Aug 4974 Jan 55% Jan Amer Zinc Lead k Smelt— Andes < 23 1343/4 Jan " ■ 33b Jan 55 Jan Apr 35 par .No Z—/ 97% Apr 6 11574 Jan Oct Jan 17 74 8 74 Jan ——-—-100 Woolen American par 12 21% Jan 337a 142 Wks & Feb 12 Jan Mar 15 10174 2 preferred-/———,—100 Nov 12 /14 Water 2174 29 6% Jan Jan Oct Mar 144 Jun 29 12974 Jan < Nov 36 % Jan ,——100 32 Jan 1487. Apr Jun 29 ' » 135 Jan 50 3574 29 7874 Mar 51 5% 51 *48 . 2 i ■■ 5334 53 91" 43 1327a May 77a 2 — Dec Jan 93/8 43% Jan preferred 14Va 35 7a 167s 427> Jan Tobacco—-. W i 3% Jan Jan ——100 Feb May 1367a 17% Jan Refining— ——100 Anchor Hock Glass 19% 3% Jan 14 Anaconda *20% 34 12 2 par 390 *44% *5674 8 12 No 300 1974 *50 >4 11% Jan" .——No par Co—— Stove t 45 *113 29 t ; 217A 7 2174 Jan Copper Mining——_5Q 19 % *108% 6 par /25 100 44% *21 19% Jan 6 preferred—100 Anaconda 110 110 774 99 *87 27 74 43A 474 71 71 28 28% 6674 29 Va 69 74 y8 69% 49 7% *6% 99 . 32 32 31% *6 99 V *87 99 *87 317a 3174 51 *48 51 *47 51 317a 32 32 5 48 y8 26 ■ 99 100 Jan 21,600 174 37b 51% 41 Foundries.*——No Nov 35% May class B-z/.—-—_—_/25 2,300 10% *1% *3574 7A 7'A *10% 1% *10974 32 4 '/a 10% 374 53% 2 Steel Oct 97a 24 Jan -22 14774 Jan 597a 674 11 -.25 Nov 474 Mar 3574 Jan Am 700 1 115 7a 3674 *47 * *112 10974 527a 26 Type Foundries Inc:——10 American Viscose Corp —14 13,700 18% 37a 53 Jan 6 Jan .Jan 674 Apr 52 74 145 72 Jan t6% 4,800 253/4 *1774 1097b 51 *87 257a 74 18 *3574 *49 7'A 25% 33/4 53 10 8 7a Jan I { 26 34 36 3/4 53 29 Smelting & Refg—No par Common 300 ; 6274 2(5 V4 109% 109 7a 53 Jan Jan -4 49 *13/b *10 1074 '*17a 3% 59 Amer 38,400 574. *45 115 *112 174 32 5 5 7b 25% 10% 3 W 62 % 62 3A 50 *17 7a *1% 37a Jan 54 2 American II,100 , 4% 18 112 112 12 4974 Jan 670 # 6034 474 26 34 *10% 11 *1% 6074 474 26 Ve 1% now 60 74 26 *17% Jan 9% May 25 Amer 10,500 4 74 5 267b 112 4% *45 47 *1117a 474 62 % 5 VB 47 18 165 29 13 Vb Jan Am 12,200 3474 *474 627a 62 4% *177. 112 111 Va 6273 26 257a *1674 400 2,500 119 119 60 % 474 434 26 7a 26% 26% 4% Jun 1174 Jan 2972 Jan Preferred 800 1 874 4% 60 60 5 142 7a 10% Jan v 47 47 *43% 374 3% 60 7a 474 63 4% 434 48 334 *59 4% 62% 6274 474 *43 7a 60 par 40 American Sugar 10,200 141 8% 734 7% 22 Apr 5 American .. 58 3.t . 2,500 51 8 % 26 74 Apr 3% 7 6% ; 49% Apr 12 7a 29 5 American Stores— . 13134 140% 141 15% 26 Jan 7 Jan 800 493A 49% 49 487b 142 141 119 119 19% 49 4874 48% 48 131 29 197b Jan 2 1274 Jan 700 23% 237k 23 % 132 23% Jan 4 6 7b Jan 37% Jan 9,400 97 97 97 23% 131 2 16% Jan par •American Srruff- 600 " 140% 47 47 7b 97 - 183/4 Jan par 1 <f 27 ! :■ 14 19 74 19 74 Jan par Building' Co.— No i 1274 13% Jan IS Razor Am°r 2174 *12 14 97 97% 96% *2234 97 21 12 19 19 19 21 *13% 2674 % Mar x26 tPreferred" —-^100 " 50 . ■} 12 12 2174 May 28 Amer i . 150 *144 2074 21% *13% 217a 13 7a 20% 117b 21 % 117a 403 8 4074 41 *144 23 139% 139 41 150 97 13074 467a 12974 41 14 1% Jan Amer "} < Feb 29% Jan 5,800 39% 146 *144 119 2 400 Ship Nov 2334 Mar Apr Feb 4 770 i 774 May Jan 18.50 American Seating Co—„-No par Safety Nov 12% Dec Jan preferred../.-——100 conv Jen 91 0 .— Rolling Mill—————.25 American 297a - 3874 39 % 145 % *144 19 *13% 38% 1457a 41 12 137a 39% 150 13 7a 12 12 *144 29 4 Va V* 5,900 - 13% *1374 1374 2874 40 21% 21 *1174 *13 2874 146% 387 b 39:A 146 % 1374 28 13:A 287b *144 150 *144 21% 21 397b *145 40 Va *39 3974 150 *144 *13 133'b 29 7a 2,080 10 974 93A 4 16 113 72 ——100 Preferred American 13,900 Jan Nov 1074 Apr 97b 14 Nov 7 * par par News 574 40 7< " Jun 65 22 No 1 1174; 22% Jan 117% Jan 7% Jan Dec Jun 6V4 19 4 29 par Light/ No $6- preferred/..—z_——No $5 preferred—No Am Rad <te Stand San y—„No 1<5,700 674 * 8% Jan 2074 Jan 116% Jan Power & Amer 10,900 19% 1 No par May Oct 35% Mar ' preferred—100 American 400 1 23 74 674 158 *151 . 22,400 1%' 19% 19% 6 3A 67B r 227a 22% *23 19% 6% i 28 % 2874 1% 20 >1,500 116% 11674 120 *1167. & & Metals—/-/-No 1174 2874 Fdy Co.—--No par 5 Mach 11 9% 26 1274 Jan Metals Co Ltd—-. 117s 13% 853/4 Jan 7 Mach 11 297a 20 12% Jan Amer 11% 9 817a Jan : Amer 11 13% ——100 Locomotive/.— Amer 117b 29 26 4,900 11 9% 974 Jan а,400 *151 13% '.No par 2 Dec 2 Apr 474 29 '7% Jan 274 29 Jan 734 22 227a 11 29 Jan 42 2 56 Jan Mar 25 29 7 2 Preferred 2,000 12 34 73A. 8 774 22 155 *834 574 Jan 5 39% Jan 4% Jan par .A /——50 22% 1274 12% 12% 127a 22% 11 29 American 10,500 ll i 29 37 Apr 17a 16 Jan 42 5% Jan preferred—'-,: conv a • 3% Jan 2 Jan 37.74 100 preferred—— ~ 83 84% *151 *13 5 % 20 2 par American 300 i- No - Internal Corp.— .No Invest Co of III. Amer 5,100 7 *41% 45 158 *151 158 *151 158 574 7 23 22 23" 18% 574 7 5% 7 Ice 6 % non-cum 100 * 5% *6 7a 5% 293b 29 2934 42 42 43 *41% 42 8 74 8 8'A 22% 120 1 12% 12% 8% *22 7b 287b 1 874 83 74 74 8 *21% 2874 974 227a *116% 120 J.« in 85 127b 12% 87B *41% 44 8574 9 Vb 9 74 82 7a 1274 *40 7a 43 5VV 5% 574 *40 43 *40 43 *5 % Products——1 Home 31 * , Dec 47b Jan B 1174 1174 1174 12% 374 37 b 374 37b 674 674 67a 6 74 674 1174 1174 11% 117« 11% 12% ( 374 374 37« 3% 374 334 37« i 0% 674 6% 074 6% 6% 6% 6% ■; 6% 6 74 6% 6% 6% 6% 6 "a ■ 12 *674 6% 674 *39% 40% 40 40 39 Va 40 3974 407. 39% 42 417 *12% 1274 1274 1274 12 7a 12% 1274 12% 12% 12% 12% 12% 6% 6% 67a 7 74 6% 6% 7% 7% 34% 7 7 33 33 a , 42 •1,000 .2,900 *3274 *3274 33 13 13% 13% 13 74 1374 13'J4 14 13% 14 Va . 147 b 1474 1474 14% 1474 14 % 1474 14% 15% f 25 25 2474 2474 24% 110 *27 *105% 29% *27 *24% *105 Via 107 287a 25 2434 110 *27 , 4% Conv ; *27 3434 36 35 35 35 35% 7,900 Bendix 14% 15 14% 15 15 15 1,700 Beneficial 56 55% 55% 25 7a 2534 25% 583/4 59 *113 Va 115 For footnotes 587 a 10 59.7< 5974 59% 115 74 115 see 9% D5% 115% page 451. , *55 2434 934 58% *114 98 974 *94 *55 5534 25% *25% 25% 25% 25% 10% 10 10% 10 59% 114% 10 58 V2 115 59 V8 115 *55 '• 400 5,200 ■ 200 55% 55% J4.1 2 6 74 Jan 16 4 Apr 6% Jan preferred..—>- —100 34% Jan 6 Jan 28 22 ;Jan -10 1278 Jan 28 1274 Jan 29 6% Mar par 5 74 Jan 13 7% Jan 27 47a Jan 5 35 Jan 29 2 14 74 Jan No —a 30 42 Pr Aircraft ! 674 Nov 33% Dec 29 2474 Aug 83a Jan 1274 < 9,100 7 1574 Jan 29 12% Jun 18% Jan par 23 7b Jan 7 25 Jan 25 157a Apr x23 74 Nov 16 25 Jan No . . 4 58 34 60% 15,700 113 % 11374 1,100 Aviation, par 20 ; .No 7 * par Apr 26 Oct Foods --- .No par 94 Jan 9 74 Jan 4 10 Jan 15 2 133/4 Jan 29 - L*— 14 105 Oct Jun 30 Feb 64 Apr Jan Jan 4 11 _ 3574 Jan 29 15 27 Jan 110 34 Jan 674 May 9% Dec 974 May 17% Nov May 39% Jan 9% May 15% Nov 28 74 20 4674 Mar 54 22'74 Jan 7 26 Jan 18 17% Apr 24% Jan 8 % Jan 5 10% Jan 28 8 Va Dec 8% Dec par 5ST4 Jan 7 60% Jan 29 66% Jan .100 110% Jan 4 par - (Del),— preferred— 12 34 7. Jan — Loan— 22 Jan 93 Mar 103 . 12 pfd $2.50 div series *38-No par Bethlehem Steel 20 237a No — .No Best Dec 1374 Jan 2434 Jan —. 1,100 . 1334" Dec Apr 12.7# Jan Corp——a— Indus Dec -1 Co_ Beldfng-Hemingway—• Bell 36 —5 Beech-Nut Packing Co 1431 14 7'a 9% Jan 574 Jan »5 preferred w Creek RR 35 7 a 35 1474 98 6 —50 Beech < 1334 3578 10 29% ' > 110 Jan _100 7% Creamery—— 10 14 '8 *27 74 4% Jun Bayuk Cigars Inc—'.——a. Beatrice 98 35 74 9 *105% 800 13% 14 25 % 29 % 1,200 25% Jan Jun 47a Oil *9% 357a *5574 110 25 1434 274 18 Iron Works Corp Bath *94% 35% 9% *27% 25 *25 Barnsdall 10 133s 56 *105% 29 257a Jun 18 674 Jan preferred—: 74 13 *9474 10 13 74 25% 110 25 5 98 10 1374 9% 24% *25 We 13 10% 13 *55 25% 974 374 Jan 2 Barker Brothers„a *9% 97 *10 *24 % 2474 29 2 Barber Asphalt Corp.—. 13 74 *94 10 1274 *137# 6,300 2 374 Jan preferred./ ——— Aroostook—- 13 97 127b *9474 *25 *10574 29 10 *94 .15,900 . . ' 25 24% 370 • . 13% 24% 2474 *105 7a 35 147a 14% *24% 35 12 7 a 13 1474 33 33 103/, Jan 100 Ohio.:— Bangor- & • 33 & " 3,600 1,790 / .13 Baldwin Loco Works v t c__ Baltimore 6,100 3,700 , 33 Va 6,800 ; , 6% *6 67b 12 Vb 374 • No 557. Jan 20 557. Jan 11574 Jan 26 4972 May 105 July 121 Sep Jan (Volume 157 Number 4147 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK STOCK AND LOW Saturday Monday ~ Jan.23 I per thara 28 %' t 29 16% 29 Jan. 27 16 % S per 29 16% 6% 69a 6% 1514 1514 % 29% ., 16% 16% 6% 15% 29 *9% 10>A 15 '/a 9% / 9% *76 7 80 6% 6% 6% 15 TV *91% 15% 16 44% 44 Ye *92 ■; 93% 931V 41 . 18% 40% 18% 15% 431V 93% 921V *92 •:/, *41. 23% 23% 23% 2814 28% 28% .-7*2% 2% 18% 28 Va 2% 2% 30 *20 v 22 91V : 30. 35 , 38 22% *34 38 ; V' 22 *20% 9% 22% 22% f 22% *34 ' 22 :. 9% 22% 22 Va W- 7<r 30 " 22 9% >20% - ■ 22 341V *34% 34% *38% 39 *38% 39 ...Vii • i7s '• *ii . >34 -V • 1014 10% 10% 11% 35% 35% *3514 35% 35 Va 35%. 13% 13 Va 13% 13%. 13% 36 14 71V '105 ! 71V 3% 106 3% 79 .79 714 196 3% - 78% . 7 106 3% 7% ' >/ f ",7 107. 3% ,M7% 7 78 >' 78 : : : 25 May 8 72 38% Jan, 2. 44 Jan 29 17 8 19% Jan 28 24 29 No Manufacturing— •' 1201. 360V G) 7% ; Jan 28% Dec l'A Jun 3'A 7 20% Jan £2 xl5 May 9 Jan A 10'A Jan 29 20% Jan 4 23 Jan £9 33 Jan 16, 35 Jan 7 39 27 13 Jan 6% Jan 104% Jan ..No. par 100 77 Nov 9% 21% Nov 4 26 Jan 35 V8 Nov 30 Apr 43 Jan 14 Jan 13 7 l'A Jan 7 25 106% Jan % Apr Apr 10% Nov 35 Jan xa 29 7% Jan Jan Apr 1 27 14% Jan 12 3 Sep Jan 29 28 j. 20'A ■ Jun 11% Jan 7 Oct 3l'A Nov 7% 35 Va Jan '■ 2 -5 par > 15'A 1 VB Jan 7".% Jan 13 .—MOO MJg Dec 19% 29 Jan 8 preferred-^ 22% 2 3'% Jan 2: — Jan 20 9'% Jan ; Feb Jan 17'A Mar 29% Jan Dec 40% 25 ...No par No 43 , May 5 Jan Jan Apr 13% May 18% Mar Jan 1 Dec 21'A 30% 31 37 % Jan Jan 75 95% 28'A Jan 16 par Co_* Jan Jan 12 ,i 28% Jan 9: 2% Jan- —No: par - 7%'preferred__ Budd Jan 2 22% Jan 26% Jan 13 5 Bearing Co™ Bruns-Balke-Collender—— 79 , „15 ,—5 100 Brown Shoe Co__ 10,400 July Jan 14% 13'A May 28 7^«. Bucyru^-Erie ■: - 58 92% Jan Corp_-.-_^ 3,000 .3%«. ■ ' (The)J^ 8,100! . 9 29 .No par .--l Brooklyn Union Gas 300; •7%' ','7*106'% V '•>. 3% . . 7,500 , M 14%' 71/4 700, Jan 16% Jan 45% Jan .~No par Brlggs & Stratton.— 5 Bristol-Myers Co Brooklyn St Queens Tr-7_ —No par Bklyn-Manh Transit_^„7 __No par 4/ V l'/a :!■513%' .'•//> .-^7 % 106% 106% 77% 100 s'; Apr Dec 7% Jun 8 13 1 Boston & Maine RR-- Roller 11'A 4 . 12 Inc Borg-Warner 19%. Jan 91% Jan Briggs v. 11% 3% Borden/Co i r 29 Apr Sep 417% Jan 9,900. "35%: z Stores & 27 I per share Apr 5 I .No par class Class B_>— „ Bond 700 11% 7 / Co Aral _15 Brewing Corp. America.. .No par Bridgeport Brass Co— 38% 35% 13% •13%: u,._5 6.000!. ■'«. 11% ■ •' Airplane Co_— ___/ ' : 34% t 1-. 10% Jan Bower ■ 1014 V 23 .. 15% Jan Aldminum St Brass-w- Bohn Bon 7,300 b *11" /-■ 5 9% Jan 26 300 38 ' l3'/2Jan 80 - 1% ft 9 4,600 ' 34 Va :// - .14% 25 2 5,100 V : ■ 22% - 29 6% Jan Jan 2,300: \J v - 3'%( 22 . 18% 17% Jan 14% Jan. 190- • 30 9% 22 4 < Highest share per 2 76 50 • *35% "*35 Va 3% 77% ' ■ 29% Jan I Jan. Boeing 9,7001 28% *20% * 8 share 6'.% Jan 16 1942 Lowest No, per Co Bloomingdale Brothers.^——Na par Blumenthal & Co preferred _100 4,000 ■ 24 •' .3 ••v* Ml:'A - 106% 7, 3% 78 ; :* 1• 7% 10614 3% 78 /' -1. 1 . ' 7%1 106 3% -78% 1 1/u , 13%. 7%' 7% • *106 7 19 28% , 27% Jan per Bliss & Laughlin Inc < 44 30 35 39 . *.7i - • 114 10 % * 1 ■i *38% ' 101 . • '■>. 'r -22' Blgelow-Sanf Carp Inc^____Na pur Decker Mfg Co_7«>.No par Biaw-Knox % for Previous Year Highest ' I per share Black St - 23%. •: Lowest , 400 45%' 19 28% '2%--".3 'r v Range Since January 1 - 3001- 92%., ' ■ 23% i v; ' 421V ■ • 19%>' • 30 '•••'/■" 30 - 3814 U'> *42- ' 0% ;;■> 9% 22% -;-22%r 22% /•. • :*iv *3514 ' 16% 92% , Range STOCK Par 12,900 80 45 > f YORK EXCHANGE . 2,300t. .. 10% 15% * NEW ( 1,200- < 16 *76 27% " - *13%: '• 45%:, 23% \4 *9%. 10'/a 1 .11V 15 % for Sharet 6Va 10 92% . 19 • . ■2% *34 *U : : 28% *20% 9Va 41 ,, 23%. *'2% *28 ' »X v 17% ■ 6% * 15% >'• >*92 - 35 38% 17'% , 80 -.4514 • 19 28 '2IV 30 41 ■23% 28% ■ *28 9% 29% 10 15% -" 92% 18% 23%.. 23% . 30 *20% : .9% > 15% > • *76 i' 15% / *45-.- •41 41% 18% 231a *28 80, 16 29% 6% *9% 44 28 21V ": 10% share * 18% * 15% *9% "16 - Va 43 40% 18IV 401V 1514 91V 80 15% - 17 , 15% ' *76 17 the Week J per 29% '■•- 15% 9% 80 '441V 44 17 *29% Sales Jan.29 / J per share 29% 6% 14% Friday Jan..28 17 .16% • '*76 Thursday v"' I per share snare *29 % *14% ' 67V STOCKS Wednesday Jan. 26 share per RECORD HIGH SALE PRICES Tuesday < Jan. 25 443 28'A July 9% Apr Jan 14% Oct Dec 8% Jan xl03'A Mar 112% Jan 6 Jan 2 3% Jan 29 2'A Apr 'Jan. 9 ,80% Jan 18 47% Jun 3 % Dec 85% Dec 7% Oct ' • 7% .' 7% Z : *15% 16% 20% 251V V 20% , 7% • 8% . '8% 8 % 8% .16% *15% 16% 16 % 16% 20% 20% 21% 20 % 20% *20 Va 25% 25 Va 22 22% 26 26'% 26 26 22% - 22% 22% 22 60 *56 !.". 59 56%; f>7 56% 56%, *56 57 56% 56% 56% 56%' 56 56% 10>A 10% 1014 10% 10% 10% 710% 3% 3% •3% 7 *46% 27% 27% 3% 3% > 3% *46 V *47IV * 49 28 / 28 5% : 5% *21% : 22 3% 21% .10% 72 17% : 7% 16 'A 29% 29% 7: 16% 16% 15V4 88 4% 3% 130 130 4 l'A *120% 7' 97'. 7.' •' 7, 2,700 28% v 73 ; 57 ?■ 7 "-7% i 77 •327V 3%' 3% is- / 377V 135 *130 Ye : - 41% ' 40% 29% 95% 95'V *121 97 121'A 9% 7"7, 9% 9% 96% "''v. 9% 80Va 80% 81% 81»/2 *81% 17% 17% 17% 18 7> 10 121 9% f 41 81»A 81% 17% 18 Packing—.1 5% preferred m Callahan Zinc-Lead— • 87% •13174 /;■>• 7417V v ■ A •- " . / M207V X807V 77/ { 807V 97 .. Sep 19% ' par 18 16 Jan 17% Jan 16 ,25% Jan 27 22% Jan 2,800 Case 70 • •' 774 Jan Jan 17 Dec Jan 22% Dec Apr 53 7/b Nov 'A Jun 174 Jan 5% Jun 7'A Nov HVb 16 Jan 16% Nov 9 * 15% Jan 29 7V Apr 15 V8 Dec 29 7V Jan 23 27 'A Dec 33 Aug 2 7 Jan ,7 3% Jan 36'A Jan 21 37 29 % May —1 4% Jan: Jan x85 Jan 19 5% Jan 28 25 32 28 77 29 2'A May Jan 7 89 25'A Jan 8 29% Jan 3.'A Jan 8 A— 1 .MOO. 26% Jan - 6 88 Jan Jan - 1% 26 42% Jan 30 11 29% Jan 25 ■ 100' Jan 11 874 Jan 2 Central Aguirre Assoc 76% Jan' No par '• 12 16% Jan 214 77; 102% 102% 5'A : 5% *13'A 14 *1.00 >34 34% 5% 4'A. . *100 34 • v7 3% 7 3% /' 37/ 7' 718 *17 . *18 100 .7 14 : *474 4'/*; V 37» . ... 397V *17%. . 35% 36% ; -7 99 '3% 7 3% 7 >8%;V 77"/2%;, 8% 8% 2% 2% '7 77 , 712 / :v7*f • 12 ' 12% :• 7% -7 i 7% *9 7 V 10 77 3 5% 3% \ 17% >17% ; 36% •36 7 . 7% ■>7716% 38 .77 738 *4774 TV 77/ % :% l'/a "/' • ,7 • " 48 1 •; 7, *19: ■■; 16% *14%- 16% 38 •; . ' ■ : 38 49 49 {■■? 1674 . >7 '7/, 38.74 7, >47 7 77/,';%; ■7.%,.' ■•:.'-i'-: : 1 1 7 1 274; 1% 1% 1 : *12 , ^ •' / 11% 12 7% % 7.. 7% • 7" M / '/• 3% 9%, /- 9'A ; 2% 1274 7% ' 16% 38 >47 • *12 >1.- 1 *% 16% 7 50 ""'/>: a % ',:1% *% : 1274 16% *377V 7 • 7% '. v " » 1 T. % lb .- l'A . ■" v 14% 14V8 1%' *T% .7" i%, 24% 7*23% i 69% 69 10% 10% *23 69 . 100 100 7 '*30%. 33 10% >100 Dec Dec 9 110 Apr 120% 77 V Apr 9 7'A Dec 8'A Dec 26 6'A 81% Jan 25 66 19 Jan 29 16 2'A Jan 22 r *12 12'A 14% 14% 1% 1% 1% 24% *2474 24% 31% 3% 3% 35% *34% *65 10% 10% 31% * . 3%, *65 " 32 ' *10% 100% 32 3% 70 68% 68% 10% 32 4% 35% 129 *24 7 70 100% *100 35% *120 24 % 77' 69% *12 35% *120 4% *34 130 *65 *120 74% *60 r " 111 111 *28% >110% 111" ' 29% 102 *101% *28% 7 111' 30 T02 / ■. 102 111 *28% ' *11074 69% 12'A 69 11 *100 32 74%' 128 *67 30 *29'A 30 Aug Feb Jan 75% Dec j23% Apr Jan 103 *101'/2 *83 85 *83% 85 ' *49 50 *49 74 50 21 15 y8 Jan 29 4% Jan 17V May 27 6% Jan 29 90 2% Nov Mar Jan 2 3 Jan. 7 IVb 110 '11 : Jan Jan 3% Jun 18 par : , 104/ Jan Jan 14 3 Jan 2 32% Jan lOS'V-Jan8 8 x33 2'A ' 30 '■ Checker ...1 2 : CoM,MM^//A-///W'o:par. Cab ,—5 :,/ Jan 99% Jan 100 Mfg 34% Jan 4 82 July 104 27 8 7V Jan / 22 Jan 35 3% Nov 23»A Jan 32% Dec .15% Sep 19 Jan 143/b Jun 18 % Oct 93 Apr 19' Jan 29 Jan 29 Jan 4 ( 1O0 il0% Jan 16 36% Jan 13- & V Go.U—No East 111 RR Class / '29 Jan 25 ;* 57A Apr 9% 5% • Oct 27% Apr 36% Jan 89 Apr 98 Feb $3 conv Pr pf 1,300 . 7 9 'A Jan 29 Vb Apr 2% Jun 6" 23/8 Jan '28 1% Jun 2% 10% Jan ;4 12% Jan 29 8% Jun 13% Sep / Jan. 4 7% Jan 8 4% Jan 7% Nov 6 ;17 Jan 22 /. 38% Jan 16 Jan V 6 Mall Order Co—5 ;•/ Chicago Pneumat Tool 3,600 7 7 '8 Jan 2'A Jan —,50 preferred———/ Chicago 2% Jan. 99 50 par Chicago Great West RR Co ■ 2. ,5- 100'A Nov A,40 A v 33% Jan '95'A Jan 100 Oct Apr 18 :: 8 Dec 1% 39% Jan 26 , 5 Jan > 'i /—No' 15% Jan par 2 Jan 8 48'A Jan 6 37 preferred—_No. par /v 3Ve Jan 29 12 2% / Chic ($2.50) Rock Isl div——No par cum St 49 Jan 15 12 2 5 l3e Jan 22 Jan 12 1 % Jan Aug 17% Apr 3944 Jan 47 July 12 12'A Jan 15 13% Jan 4 Jan 21 .1% 2 1% Jan 14 / 22 11% Jan V 15,300/ i 900 30 „ 30 preferred————^-100 Chickasha 128 ' par 10 /H ;U /••'*' 52 Jan 3*2 Jan % 74 Jan IVb Va Mar / > l'A '' 15 8% 11% Copper Co Clark 220 Jan 11% Jun 13% 10'A Jan 30 C. C. C. 5% & St. -30741 600 103 230 *83'A 85 • —No ; 33 Jan 14 13 5 Jan 27 13 Jan 36'A Jan 18 68'A Jan CO.—100 —^—100 preferred———. Jan May 28 Jan 130 par $4.50 pfd—No par Clev Graph Bronze Co (The) _/ 1 5% 9 92 Jan 33 Louis Ry. preerred 29 Jan 2% Jan 5 Equipment 29 12 4 —,4,100 22 109'A Jan 4: May 70% Jan 2 96% Jan. Dec 100% Jan 27 7 par Clev El Ilium , :-t 67% Jan ,—5 —-—100 —No preferred—,, 900 * 73 —25 Chrysler Corp/ City Ice & Fuel 6'A % Jan 1 20 —No par ' 111 -3074 Oil Cotton Childs Co City Investing Co City Stores 5,900 . *101% -- 6 % , 90 4% -34% 111 103 preferred——*100 .Chile > *4% *66 7V > 800 / • 70% *121 Jan 33 / % Jan 16 Jan .Jan. Pacific—-—100 7% Chicago Yellow Cab——No 100% 34% > 600/ 1,400 : Dec 8% NOV " 2,500' f Nov 27 , 17 7A Jaiv 13 18 No par : Preferred series A_— 100' VA: 24% *27 z - Oct Jan 3% Apr Sep Sep Sep Nov Feb " 11% 111 29% *101% 103 103% Jan 4 12 ' No par Products—- preferred 900-/. . M%. 69% 69 111 103 / ; t 14% *100 4% -34 *121 111 6% 4,800/;. Chic 12 y4 *24'A 30 4% 34 128 Jan 13 Cham Pap & Fib Co,—, " : 800 /: ' 1% 11% 30 5 35 3 /Chesapeake & Ohio By^/A4,,,/,,25 5,000 > 1 14% 100% - ■ *12 ■ 69 % 11% 100% Chain ^elt - . '•■/ / 300 2,100 • U; •: , 14% 1% *23% . 50 *1% 1 '•< 1 *14% 1% 2 97% Jan 6 % prior preferred/,,/— 100 7,600 16%.' 37% / *32, l'A , 15 1% Dec 29% 97% ' *1 12'A 14% / ,. . 10Q% 35'A 130 7 1% 24% M7Q 7*3% *120 15 r. < "774, ' 37% *47 ; : 127V. ; 16 Va ' 500/ 10,600 / 97v v. 2% 1274' 774 50 ' . 42'A Apr Apr Apr " 200/ .;• 3% •; 2% 16 TV 37% 37'A *47 TO ■ 1 • 16'A 3874 50 Dec Dec - —,100 Cerro de Pasco Copper 300 / 36%. 3% ; / : '/130 99 2% ■ . 16% 78 130 15 z " 8% 7" Certain-teed >z ■ 36% '• 1007V 3% 8% 2% 5,500 10 ■:«. , 11% 8% *2% ' 1 Vb Jan preferred—100 100* 3,700 1,370 •> 100 99 36% • • 18 Co—M AV2% Preferred ;'*■ ■> M8 <10 Lt Century Ribbon Mills/——No ~ '34%:, 3% 100 9% .*98 •7/7 33a > 3%; 2%' Apr " *-T8% •'••19 . ..MOO 77 7> 7 9 TV" 100% *98 ,8%. 12 17% 103 34'A - 111 tCent RR of New Jersey Central 'Violeta Sugar Coj 700 j /.-/.38;,;/ .'38%, *18'A "19 7% ■ .7 39 74 100 3 Va 7% M"-" Foundry Central 4,900 / 4%C • >100// : 747: 4 19 100% 11 Va .* 99% 2% :/ 7 "34 38% 38% Central .2,700 f -.15%.. •4-% -• 103 / 33% 99% 8% ' . 7 12,% 7 *ioo 77: 4 4 7,; 15 4% *18% 36% 36% 2% • v''5% .5% 15' •*4% 34% . 3874 . ■: 103 34 '/;/-:7,7:3% 10 *98 " 4% 2,600 '/A/ 100 ' 14''8 • 274 *103% •104 ' '•' V 5 74 ::"-5% 14 4% 274 /'■ < 1037V- 104 ' *17% 7 7 *9 TV 777 8 Vs - 2'A ://, 100 3Va >;/ 3% -.. ■> 17% *99Va / 3674 99 7/7 35% 98'V * v 5 %; . *13% ' 98% 103 % 274 19.'';./ *18'A . . V 10 103 % 2'A • *100 > 3 4% 38% 18% 100 *9% , 103 3% 18 18% • <: 2% 'T4;'V.7V; 4% : 34 74 . 38% 100 ,v 103 %; . *100 , 'A'V 34% 7* 17 TV ^ 7/7- *9'4 /TO'A 102 % - ' 103 37'A 18% . ,7 *99% * 2'A ■ Jan 3'A Nov/ ' 7„,7"'/5 %; ■; ,,'5% t'i. x,- V 5 74 3-% 7; 3 37% 7 . 2%'' ,7,. ; *13%,;. 14 103 77 V . 102% 5'A . . 7'"i7 2'A 102% - 4% >4'A • m Dec 28'A Nov 4 977V Jan 10 2 Jan 121'A Jan * .89 82 97% Jan 1 9 4 96% Jan MOO.. preferred---,—', Corp: preferred :•> 5% 7,300 , . 2d 119 —100 —————No par ^LlOO .7 % prior preferred 7% 95% Jan'26., Feb 4% Nov 38'A Jan 117 ' 7- 37% Feb 'Apr "Apr 543A 13174 Jan 29 40% Jan' 21 series prior, preferred—_:,100 7% Nov 22% July 3% Jan 21 25 . . 40'/a Jan ; 2 40 11 Celotex Nov 95 23 77.Vb Jan ,: 10% : Dec Jan 67V Jan 127% Jan 560 v Feb 16% 26 16% Jan 7' Tractor__/wJ-„-No par Celanese Corp of Amer-,*____No par ■4 17,000 Oct 6'A 21% July 3V8 Jan 10 •{; 2'A 24% . 29'A Jan Caterpillar .110'::. • Nov 69'A ; % Jan £7 4 -100 // 5% Feb ; "44 137A Jan .13 . 5 Co— < 2" 6% Jan Clinch St Ohio Ry— _100 (J,I) 7 Vb Jan 15%Jan: .*—10 A-,/_ 'Preferred ■, • Apr 6% Mar Oct 3% 7 50% ,, 1 Carriers .& General Corp— 250 * v '19 8 26 Dec 9% 2'A 3% Jan 74% Jan Dec 55% j Feb . Dec 57 V Jan ■ •' 81 18% 4% 25 'i-50 rCarpenter Steel Co— / ' -79% V, *79% • '18% A 18% 121 967V - 779% Carolina t. 3,600 1 .10,300 V " 7 96"' • $3 preferred 1,100 ■>■■;•' No —,^™_ ' 110 '• // , 42 Capital Admin -class. A ■80' 1,400 88 29 , * • 3%' 28 Va ; 9% ■' 18 22 10% Jan Co_,—__ -100 Canadian Pacific Ryj—_„ ,-25 : Cannon MillsA u-.--.-No Par 500*' • f 95'V 96'.V >96% Sep NOV 20% Jan ' 21 Jan Jan 9% Jan Canada Southern Ry 100 v •" : 27% Jan & Hecla Cons Cop. 5 No- por Campbell W & C Fdy Canada Dry Ginger Ale„„~ —.5 10,900 V 131'A l:"-: 40% 28% '"90'A 7 2'A 40 6'% Jan 22 ■'.12 Calumet • 100 ; 74; 29% • Jan 28'A Jan 20% Jan 3 California ; , 5,100 . ■ 8974" /' 29 87% ' ; v7 x9% •' ~5 3% 121%"'121%"'" 10 7./M : 20 6'A i . Oct 26% . Nov 21 Jan Apr 51 18 7 5'A Jan 30 No par 1,200 44 -*88% 1317 .'',77 96 74 -v: V" 18 . % ■'•28 'V 83 177'a />: 7 ' 97 7/. 97 7(7: 96% . 87 r!31 29 95% 121 " '897 7 3% ;; 41 77.28% 95% 121% 135 21% Jan 53 22 49 , 25 14Vb May 5 Jan 10% Jan 3% Jan Jan .——10 (A M.1— 6,400 137% • *38% 57 . 2% Jan Participating preferred— _1Q0 Byron Jackson Co —7 .No par ■ 6%' •-•••■*4%' ; 28'V •J287V ' 1 5,0001 . 32%; *37 • %4 3,400 : 1 88 4 41 • 900. V !,7 "15% '. . 57'A Jan ■ 13 9'A Jan preferred—100 preferred : Copper &t Zinc— Byers Co '<:> % 16 Va *3074 "7:'' 6%' •'-5'A • 3% . 7 86 57a V 89 .-;*•■ 7-' BIdg 1% conv Butte v" 210 ■ 5 % r 4,100 7. . . 7.774V, " *16'A ;. 1,800 v 7 . :V 25% *53 /( 1674' : • *40 28% Terra Butler Bros™-,™— 1 700' • 3%: / "" 15- *36% 88% 28% ' 9% . • W7-'- ■/-- Bush 55% Jan 19'V May - 15% Mar Sep ■ •: 10%: . ' 5. 56'% Jan 28 1 6 2574 - 7 57MV *30 '44 •:.-' - 88% /- 88 41 29% 97 29 3% 7" 96% *121 • •V."4 37%" 5 *38% 88% 87 41% 28 'A *36% M" 5 *130% 96 'A 97 121% 7 - 67A No par 100 X16%- 16 % : •7257V'/' " •/ 14% 31- 6% 45 29. . 135 41 ; 28% , *29% , 36% 88% 3 Va 85, 7 28 Terminal ■ *4% 86% *130 41 Va 27Va 97 36% *39 29.7 *3% .85 V 88 Va 28, •31 26 No, par I 16 »A May 26% Jan preferred 560 11'A 22% Jan 6% ^ 25 26 20% Jan Bush 1 16% Jan : 21 'A Jan , 24% Jan pfd $2.50 series_™__. Mach— 5%' Sep 25 par 3,200 '•77,7 Conv • 8'A Jan ,_^_1 Burroughs Add 21% 7 10% 7774 7 16 • , L.i—No 1,900 "% 16'A'1 15% Watch__-t.-;7. 8,0007 28 'A 73 . 17% '7'A ■7 16 600i , ' 7 7'A Bulova Burlington Mills Corp_„„.. : Conv:pref $2;75 ser _7 •:■■■ 7. 3% ■>.:/ : ./v • v'/% ■ •7 14% 7 3% 73 *53'"' -• ••% .77' 6% ■>\:7„. 40% 88% 3% . : 4Vs 40 28 85 *29% • 7 37 88 >27% 7 32 -.7'A X25 V: 1,500 3% : 49 • 21% 1014 - 171%. ■ 1.4'A Jan; 19% Jan 7. 7 6 . —......No, par ■ .73,: ■ *46 6% Jan,' 1,800 56% 7 ./ •: /■ >2714 ev/V/:' ■: r par 1014 V 3% ;■ Wheel_„_l_-_»_____.No Buffala Forge Co Bullard Co... .77-^ 57 >101%. 21 -.10% 57 77.;: .% 16% 15'a *36% 40 97 16% 15'A 47/s *38 77 7'A *29% 37V« *4% 7% •7; .6% ■■■;,'• 7 *36% , ■ •• 3% , -25% 15 7 15, , 24% >./■/ .*53 57 ' ,7, : 28 : 1.700 22% - >56%, . t 49,/ V Vf' . 300. : 21 V:.: *55% - 3% "77:.-" , 21 17% ■7'; % IB '•v.-6 \. 10% ,'73 17% 24% *53 27% 22% Budd 14,2007 'V " 10'4 ' V7 • 3% V 3% 10% 73 z 17% 7. 24 •>. 7% 7 16'A , 15 23% 11 '3%« 6% ■ : 56% 7,3% >46 ;> . 8'/4 16%- 2614 / 26%'.: %7 -" 56% ■ XlO',% , : i • 21 : 10% 17% 57 *53; .,% "77% 17% '' 5% 21 "* 56% 28 74 : : 7- 56'% • 8'% • 22% ;7 49 27% 5% 3% 73 7 • . 7 22% 3% *46% 22% 10% , 73 Va 23.% , 57 , 49 5% 107V ; • 3% 27% *21 3% *17 • 23% *53 5% 22 3% 1014/ *23'A , 5% r ' 73 %' ,'74 *17Va ' V 37V 1014 * 49 ■„ 27% *22%. V ' 7": ,16%'20% // V, 20% 16% *2614,:. 26% 22 *56 10% ,81/4 ■ *16- .20% "25% 16% ' 130 43% 32 Jan Oct 2% Mar 4 28 Jun 120 Dec 274 Feb 25 Jan 70'4 Dec 10% Aug 99 Aug 34 Apr 3 Jun 39% Nov Jan 18 125 Dec 687V Jan 22 67% Apr 72 Mar 112 Jan 8 107'A Jun 112 '4 Nov 28% Jan 22 ;31 Jan 11 22 10l'A Jan 100 7 103 Jan 26 95% May 84 Jan 23 77% May May 50 Jan 42 Jan 22 32'A Apr 44 Jan 35% Jan 22 25% Apr 36 7A Jan May 31% 102 Dec Dec * 84 *48% *82% 50 84 f *49 ' 50 4174 41% 41% 41% 35'A 35 35'A 35% 35% " '• 35'A *148 TV 149 92 149 92 'A *61% 64 *61% '177V X1774 1067V *1027/a 18 17% 112 *1574 '*2%' 17% 3 15% *2"% 3 *474 4% *3y4 4 4'/a 16% 16'A 16% 16% 16% 16% see page *148 97% 96% 63 *62y8 106% *103 105% 18% - 15% 18'A 108 15% *3 18 *108 15% 50 • 18'A 112 15% 3 3 47 V. 4% - Climax 35 35 35% ' 1,800 Cluett 149 149 98% 60 *670 10474 3 18% 40 1,500 1 100' 18% *108 15% Preferred 17% ' 5,100 ' 10474 1 100' 18% 112 1,400 * 16'A ,1 20 2,600 $4.25 Collins S% 3 3% 37a ' 250 •' *4% 4% 4% 4% ' 990 4% 3% 3% 3% 4 330 4% 16% 16% 16% 17 *16% 451. 17% *16% 17'4 17% No par 3374 Jan 12- 84 47 ,—100 148 Jan 19 (The)—No par 88 Jan 4 No : — 62% Jan" 11 par r 17% 17% 2,100 ' 1,200 fe^ikman— conv Colorado preferred & Iron St 11 103% Jan 12 Jan 8 Jan 149 Nov 28 56% Mar 92 Nov Jan 27 55% 63'A Jan 63 17% Jan 22 106% Jan 4 Jan Feb 11% Mar 9714 Apr 15 10% May Jan 108'A Jan 18 96 14'A Jan 16'A Jan 29 13% May 17% .100 108 . ' Jan 4 18% Jan May 470 Feb 17% Nov 10774 18% 108 Dec Oct Dec 18% Jan Apr 47V Sep May 5'A 2'A Jan 8'A Jan 8 100 3V2 Jan 4% Jan 7 100 3 Jan 4 Jan 8 15% Jan 17%Jan 18 8% Apr 16 7 2 Dec 15% Jan 17% Jan 29 83 Apr 16% Dec zlOO — Columb Br'd Sys Inc cl A Class B 16 7V Jan No par Southern 1st preferred2d preferred par ..No-par ,* Corp,., 139 847V Mar 987V Jan 150 470 No par preferred— Colo Fuel 4 *16% 2 Colgate-Palmollve-Peet„„_i__No *3 7a 17 23 387V Jail 50 Coca-Cola Intern Corp......No- par 4'A *16% Jan No- par gtd_——50 —z— Co Class A 3% 17 7% stock—- Peabody & Co,,/,; Coca-Cola 4'A 17 gtd 4% Molybdenum,— * ' - 105 % 155A 1 66 \ *103% 112 Special 977V* 149 97 *62% 17'A 18% St Pitts RR Co 2,500 17% 15% Clev 50 41% ' 17% *108 10 ' *49'A *41 ' 41% *670 1774 108 , 34% ' 85 . 41% 150 17 3 4 16% footnotes 63 *4974 *3% 4'A 16% For *95% 17% ■ *3% *148 *83 7V - 35'A *102% 106% 15% .34% ■ 41% *670 v / 63 41 17'A 18% 18''A >108 ■* 112 15% 94 % *670 17'A *108 148 94'A ' *670 *1027/a ' 148 93 ; 64 *670 1 149 92 *61% • 85 41% 41% * ,2.50 2.50 .. . % 1 %'July b 5 Sep Sep " COMMERCIAL & FINANCIAL' CHRONICLE THE Saturday Jan. 23 Jan. 26 Jan. 25 i 9 9 per than than I per # per than I than per 2% 2% 2% 2% 47 47% 47% 48 48% 49% 49 49% 49 % 50 Sharet 2% 44 % 44 44% 45% 46 45% 45% 45 45 85 ; *10 3,800 83% *9% 10% *31% 32% 27% 28% 28% 28 Va 28% 29 28% 105 *104% 27% 27% *102 Vi 104% *102% 104 % 30% 30% 30% 31% 31% 32% 31% *1Q7% 108% '10% 10% *107% 108 % '107% 108 % *107% 10% 11% 11% 7 Ttf 52 A 105 • 32% 32% 109 11% II 11% A hi ' - <r' 39% 40% 40% 41% 40% 41% 41% 41% 24% 24% 24% 24% 24% 24% -24% ':"*2% 3% *2% 3% *2% 3% 18 18% 18% 18% 17% 18% 18 % 17% 18% 17% 17% /4 18 Va 17% 17% 17% *1. •" . 18 11% 11% *11% 11% 12 11 Va 12 12% *90% 91 *90%. 91 *90% 91 90 90 % 94 94 94 94 93% 94 94 Va 5 Vs 16% 16% 5% 5% 16% 16% r • 5% ' • 16% 167/a 5% 95% 95 V4 % 95% U % *% II *% 8% 8% 8% *2% 3 *2% *5 * 5% 8 II 8% 9% 9% 9% 9% *2% 27/a 2% 2% 7% -7% 7% 7% 7% 7% 7% *5% 36% 36% 37% 93% *93% * 5% 4% . 8 *35% 37 *36% 93% 94 94% 8 93% 93% .93% 18% 18% 18% 18% 18% 5 Vs 4% 99% Va 29% 29% 29% 29% 29% 29 Va 29% 29% 7% 7% 8% 8% 8% 8% 8% 8% 41% 41% 40% 41% 29 7% „ 41% 41% 4% 27% 21 4% 4% 4% 27% 28 27% 28 y4 21 21% 21% 21% 21% 21 Va 21%. 21% 21% 4% 10% 10% 48 48 10% 10% 48% 48% 37 37 37% 37% 37% 37% 37 54% 54% 54% 55 54% 55% 54 176% 3% 3% % II 16% 16% ■ 176% 177 3% 3% II 16 % II 15"% 15% 97 97 97 97 98 98% 98% 98% 18 18 18 18 18 98 Va 5% 55% ! 16,400 98% *18% 9% 10% 10 Va 21% 21% 21% 40 % 40% 40% 40% *40 Va '42% 300 12% 11% 12% 12% 12% 12% 12% 85 85 85 85 86 86% 86% *86% 33% 33% 33% 33% 332 33% 32% 33 33 33 *73% 74% 72 Va 73 73 73% *72% 73 72% 72% 109 '105 109 '105 108 Va '105 108 Va *105 *91 98 *91 98 *91 96% *91 96 Va *91 96 Va 11% *19 *18 20 102 *11% 19 *18 19 *18 *100 102 102 102 *98 11% 19% 19 102 11% *18 12 11% 11% 11% *100 102 1% 2 11% 12 1% 2 2 2 1% *33 34 33% 33% 33% 33% 18% 18% 18% 18% 18% 19 7% 7% 7% 7% 7% *76 23 22% 23 22% 100 *92% 100 *92% 18 18% 18 17% 18% 18% 12 *98 17% *16 11 f A;'h ...at' 28 27% 30% 109% 30% * 14% 9'/a 10% 10 Va 10% 3% 3% 3% * 3% - *% 20% ■ 38 *32 19% 23% *85% 11 "10% 11, 39% 39% *39 39 Va *10% . 39 V* *24% 1 27% : 38% 27% f 27 11%-" 25 * 39% 5% 180 i. ' 17% f' 7,900 61%' 134% X134% 10 *9% 125 *115% 125 138% 142 138% *115% 126% 126% 118% *118% 118% 33% 33% 32% 4% 4% 4% 150% 150% 151 Va 178% 178% 178% 126 13% . 4% ■ *116 125 18% *5% 10% t 135 19% 142% 142% 126% *126Va 126% *126% 1,600 - 3,800 • 400 2Vs ' 118% 1 , Dresser Mfg 100 31% 32% 31% 32% 32% 32% 4,400 4% 4% 4% 4% 4% 4,700 Eastern 152% 152% 178% *177% 36 % 153% 154 Vs *177% 178% 36% 36% 1,400 400 153 153% 178 178 35% • 4,400 6% 31% 13% 31% 31% 31% 31% 31% 31% 32% 3,900 Electric Auto-Lite 11 7,300 Electric 11% 11 2% 10% 2% 2% 1% 2% 2% 2% 2 llVe 2% 2% 2% 8,300 2Vs 11 11 2 2 Va 25,700 35% 34% 35% 34% 35% 31% 31% 31% 31% 32% *35% 36 35% 35% 35% 36 36% 36% *24 Va 24% 24% 24% 24% 1,100 1,400 *50 51 50% 50 Va *50% Elec St 4,500 35% *109% 3% *61 62 61% 61% 63% *62 65 *62% 64% *63% footnotes see page 451. Jan 2 35% % 37 24% 25 25% 25% 25% 50 Va 50 Vs 50'/a 50 50 300 111 *109% 111 *109% 111 4% 3% 3% 63% *63% 65 64% 65 66 $7 72% % % % 111 4Vs 4 39,800 II 64% 66 66 400 68% 73% 73 *109% 4% 4 64% *65 Apr Mar Apr 12 Vs Sep May 88% Jan 11% Jan 4 12% Jan 29 10 2 86 Va Jan 28 77 Jan 11 34% Jan 29 23% May 71% Jan 63 32 - 39% Nov 7 75 Jan 15 Jun 84 Nov 9% Jan 7- 10% Jan 18 8% Jun 13% Jan 7% Jan 9 8% Jan 18 5 Jun 9 106% Jan 29 Jan 15 Jun 140 109 , 88 , 74% 10% Jan 30 12% Jan 19 Jan 19% Jan 25 18 28 30% Jan 35% Jan 28 Jan 21% Jan 29 12 7% Jan 29 23% Jan 15 17 par Feb 90 23 Jan 19% Mar Jan Jun Dec 13% 8% May <■ 2% Jan 102 Jan Jan 95% Jan 13 1% Jan 100 100 Sep Dec 100 2. Oct 13% May 32% Nov Jun 20% Oct 1? Jan 5% May 9 Va Jan Jun 25% Jan Jan 95 Oct 44 Jan 81 Nov 12% Jun 18 Oct 4% Jan 29 Jan 18 80 6% Jan 2% Apr 9 15% Jan 18% Jan 29 15% Jan par 4 3% Jan 5 Jan 9 *66 69 200 74% 150 % 3,200 *73 74 % 3e 17 12 par 17 Jan 16 8 102 10 Jan 11 11% Jan 18 47/s Apr 26 Jan 12 29% Jan 26 18 Va 25% May Jan 5 31 Jan 22 Jan 2 14% Jan 27 8% Jan 2 10% Jan 3% Jan 2 4% Jan . 97/s 28 7 12 17% Jan 7 Mus Ind (The) Am No par preferred—, Elec Storage Battery El Paso Natural Gas Endicott 5% Johnson Corp preferred — Public Servlcs $5 preferred.. — $5% preferred $6 preferredEquitable Offics Bldg Engineers • 1 No par No par No par 3 50 100 1 No par No par No par No par 13 Vs Nov 11% Oct 4% Jan 1% Sep 18% Jan Jan Jan 29 18% Jan 26 :OCt 37 Oct 21 Jan 22 14 Jan 21 Jan 18 Apr 27% Jan 1 26 Jan 6 27% Jan 25 Jan 6 39 27 2 21% Jan 8 24% Jan 23. 16% Mar 83% Jan 13 86% Jan 28 70 2 11% Jan 29 4 40 24% Jan 2715% Jan 20 Jan 5 56 130% Jan 12 Jan 7% Dec Dec 26 Dec 17 Ve Jan 29 16% Dec 8 Apr 61% Jan 29 51 May 70% Oct Jan 26 95 134% Dec Jan 29 Apr 13 Vs Mar 16% Dec -136 2% Apr 8 Jan Feb 112 Oct 7 10 Vs 120 Nov July 143% Jan 26 102% May 144 Jan 8 126% Jan 5 120 127 Nov 13 118% Jan 8 111% Mar 118% Dec 33% Jan 22 5 31% 3% 146% 178 35 13% 30 Vs 10% 1% 1% Jan 19 3114 28% 33% 23 % 49 % 109% Jan 20 Jan 20 Jan 2 Jan 7 Jan 5 Jan 11 Jan 2 Jan 20 Jan 18 Jan 19 Jan 12 Jan 4 Jan 2 Jan 4 Jan 5 Jan 57% Jan 62 % Jan 4 7 4 5 % Jan 8 54 9% 29 6% Jan 11 10% Jan 29 2% Jan Nov ! 16%-: Apr 5 117% Jan Feb Dec 87 32% May 4 Jan 9% 22% 4 Jan 125% Jan Uuly - 11 5% Jan 134 !Aug Jan 19% 9 6% 26% Jan 8 Jan 16 39% Aug 33% Apr Jan 9% Jan , - 14%; Apr 8% Jan 20 Jan shares Nov Jan 37 Jan No par 100 _4 2 5 3 Dec 30 Vs 37 5 Ve Jan 16% Jan • 10 — Dec 27% • 2% May 4 Jan 10% • Apr 29 Nov 110 Apr 1 Oct 12% Mar Jan 15 Dec 4 17% Aug 108% Jan 20 2 Jan 108% Jan 20 39 par 1 $6 preferred 10 72% *70 *35% 24% *50 Vs 24% 51 'hi 81 % Jan _5 Electric Power & Light 13,800 31 For Nov 41 1 Boat--— 11% 33% % 20 Va 32 No par Edison Bros Stores Inc 13 Vs 34% % 14% May 281 No par No par (N J) 13% 31% 72% Dec 29 40% Jan No par 100 preferred 13% 1% 71% cum *13% 30% 72% 9% 21% Jan 6 1 * 2 Eaton Manufacturing Co 13% 33% *70 5% May 12 Mills 13% 1% 3% Rolling Eastman Kodak 30 35% 153 178% 36 36 30% 3Vs 29 18% Jan 37% Jan Eastern Airlines Ine 4 Vs 33% 3% 10 Vs Jan No par 4% 1% 3% 15 No par 8% preferred — 100 Du P de Nem (E I) & Co 20 $4.50 preferred. No par Duquesna Light 5% 1st pfd 100 32% 29% 110 Vs Jan —t 4% 32% 110 Vs Dec International Dunhill 118% 29% 111 16% ~.No par Duplan Corp—. 500 33 *109% Jan Co—.1 -r 6,500. *32% 1% 12% I Dow Chemical Co— > ... 143% 126% * *29% 1% Dec Nov 18 a'J. Douglas Aircraft 119% 152 % Nov 18% Jan No Dome Mines Ltd--— • 400 6 10% 125 *116 141% ; *118% *177% Nov 4 No par 118 % *13 11% 2% 2% 125 *126 Oct 3% . 16% Jan .—23 Co 118% 36 31% 11 11% 10 143% Dec 179 14% ; A———i—; 118% 13% 31% 32 10 —; Corp-Seagr's Ltd: pref with warrants 118% 35% *13 10 142 2% May Dec 58 , Apr 98% preferred— 32% 33 35% 35% 126% *126 5% 6 *9% *116 125 143% 142 18% *5% partic Class • 5,100 < 5% 26 42% Apr 159 Jan 37% Apr -Doehier Die Casting Co— 600 16% 59% 18% 6 Jan 51% - Apr Jun St Dixie-Vortex 1,000 J -- 25 «39 5/4 17 18 2 Hudson Distil 86% *86 11 25 & i 59% 17% 7 Jan 178 2 Mar . 23% 10% ——.1 *• 300 16% . 56% Jan 3% Jan Jan 7 85 No 4,200 59 % 6 45 Jan 12% 28 pfd—100 Co 2,000 59 % 10 39 Dec Nov 26 (The)—1 9%- 16% 17% 48% Jan \l t—:—B —1——23 23% v 24% 6 6 . 26 Diamond T Motor Car Co 59 17% 29 27% 21% Apr 2 12 6% 16 10 8% Jan 29 600 24% 6 29 2% Jan ' 9% 11 1,000 : • 38% *38 59% 17% 11 Va Jan 53% Jan 20 Raynolds A——No par Diamond Match-jiu, j _No par 910 16 17% 7 Nov 4% • Apr Jan 20 Devoe 25 134% Jan Dec Apr 50% Detroit Hillsdale & S W RR Co„100 59% 135 % 17 26 45 176 8% 2% May 29 Dec 28% ,42% Apr 28% Jan 21% Jan ■ 37 21 Va 23% 86% ' 800 15% 135 % 2 Delaware Lack & Western. '/5,700 25 136 8 X9% Jan 40 23% 39% ' • : s •18% 16 135% 8 Apr 5% Sep 30% 15, 4% Jan 4% Jan 18% Jan 10 .100 ,__50 fDenv & R Q West 6% pfd ;.100 Detroit Edison^. : w-u 20 ; 59 10 2 86% 86% 86% 10% • *5% 11% % 18% 9% *9 23% 23% 2 Jan Records Ino Delaware * 25 ' 134% 135% 6 118% 15,500 58 17% 126 38% 28 16% Jan No Deisel-Wemmer-Gilbert 7,500 4 Va " 20 20 *27% 39 9% 9 9 27%' Jan Jan 98% Jan Preferred 300 10% < *32 40 20 20 9 42 Jan 103% 21% 29 2 7 Apr 2% .No par Corp & 1,600 14% 4 % ;-18%" 18 *32 -t-. 15% 57% *5% •' 4 Chemical Deere 17,400 10% 10% % "% 40 *32 24 % *86 10% 39% 3% 30% Jan 7 Jan Oct Dec Apr 77. 29 99% Jan 23 pfdLlllioo - preferred 5% Decca 2,600- ' 14% 14% 10% 18%- 18 40 24 • 86% 10% ' 32 *% % 18% 9 24% 86% 135 *13 14% ' 9 *8% 24 25 357/s 14% 38% 16 150 15 *26% •25% *177% 31 38 % 25% *9% 31 27% *39 138% 31 38 % 10% *115% 30% 27% 86% *17% 31 38% ■39% 135 30% 27% 39% 57% 31 27% *10% 16 11 28%' *14 ... 5% Jan 5 5 .No — Dayton Pow & Lt 4%tf» 109%- 11 28% 20 24% *85 *109V4 3% Jan 25% Jan A Davison 8,800 11% 10 Nov Jan 7 1 prefened Conv • 15 28% 20 9 9 109% v 11 20% * 27% 38 4% 28% *37% 27%- 23 *109% 9% Nov 39 2 - Davega Stores Corp 17% 1. 11% 20 % " 20% , > 28% *% " 40 *32 40 *32 4%. -*16 11 3% 9 Jan 4% 22 No par ——5 No par No par Cutler-Hammer Inc,— 700 28% 18% 18 Ve 18 -<>. *109% 109% 3% Jan 25 D 14% 10% 25 37 Va Jan ' 11% 3% % *% % 18 17% •4%.. 17% ' " 29% 10 • Class 2,400 *14 14% *14 *13% . 8% Jan 7 7 22 V ..Vrt'C't 14% - Jan 6 26% Jan (The) — .No par No par preferred ■ 14% , Prior $8 *30% 30% •30% • 8% 2 -— Cushman's Sons Inc 7 % 11 28% Oct 7% 3% July Jan Curtiss-Wright 3,500 18% 18% 14% 14% Jan 4% May 5 40% 5 preferred Preferred ;" 83 28% 11 11 28 • 4% *16 3 -,.V r; V 4% 17% *16 14% *109 % 109% *109 11% ' 14% 14% 270 23 *76 18% 9 Jan Inc Press Curtis Pub Co 32,300 100 *92% 83 18% 18% 93 22% Apr 1% Jan No par conv 4 Va % 12,300 100 7 15 Nov 14% Jan (The)— Zellerbach Corp.. Cuneo 34,700 4% 4% 17% *16 17% , , 14% 109% *108 o16 14% 14% *4% 4% M% 2% 35% 2 ' , 20 7% , .. 104 .21% 22% 26 % Jun 29 Jan 96 100 Cudahy Packing Co—— 300 7% *92% Jan % 5% Jan Jan 9 2,200 19 20% , 4% 12 *18 7% *76 Jan 26 7% Jan 29 2 X4% Jan —25 , 2% ' Nov 94 2% Jan 12 34% Jan — 96% *91 -■ Jan 16% Nov Jan 7 7% Apr Apr 4 25 10 4% Jan 7 preferred—. Crucible Steel of Amer__ 5% conv preferred. -100 Cuba RR 6% preferred—-——100 Cuban-American Sugar ——100 Preferred 100 5 %% conv preferred 100 10" 106% 20% 22% 11 Sep 11 % 78 * Jan % Jan 2% Jan 20 No par $5 9,400 8% 7 V4 100 7% Jan ' —20 $2.25 conv preferred— 220"• 19% .. 4% ' 19 7% 11 95 Crown 1,000 - ~ r 35% 83 *76 83 *76 83 *76 83 *17% 22% : 100 10 35% 7% : *92% 22% 22% *92% 18% 7% ! 9,900 75 34% " % Jan 100 2 • " 34 *33 29 Apr ' Dec 12% 9% Aug 17% Jan 28 96 Crown Cork & Seal— 5,300 35% 106% 104 1% 2 V 380 10 108% , ,. 73 8 *105 5% Jan 2 Crosley Corp (The)— 2,600 89 33Va 8% Feb 5 . Cream of Wheat Corp 4,900 8 Feb 97% 5 — 5%. conv preferred 900 19 41 8 Preferred 530 12 * 89 83 Inc.* ——~—,1 Coty Internat Corp—— -—1 Crane Co —25 11,700 • 16% 98% '40 7% 74% Aug 27 Coty 1,400 3% 12% 8% 29 Jan 4% Jan Products;Refining- Corn 190 40% 8% j. Del— of 5,800 12 8% Jan 95. 13% Jan Corn Exch Bank Trust Co ' 1 Motors Oil , < 178 1 Fibre 300 16 8 91 6 25 Insurance 940 97% 8 5 Jan 5,400 16 8 Jan 100 : 40% 10% May 90 —5 -50 12 *9% 21% Mar 89 91% Jan Copperweld Steel Co Conv pref 5% series 3978 10% Dec 15 29 Continental Steel Corp Continental 20 Va *9% Jan 18% 29 100 Inc„ Can Continental 20 % 10% 3% Apr 12% Jan 1,100 3,200 19% 10% Jan Jun 18% Jan -5 preferred 8% Continental ; 17,500 ■; 19% 10% 23% 1% 12% 2 Container 25,500 1 4%: *19% J Apr 29 29 2 -20 3 $2.50 1 -5 No par 19% 10% 17% 3 Va Jan par No preferred conv Continental 28% 3% . Jan 16% Jan, lOViJan No par _5 No par pfd 100 Corp 6% Jan 18 Va Jan 24% Jan 28 , -1 Cuba Continental Diamond 55 10% of RR 7,200 %' *10 Oil Consolidated 11 44% 27 26 No par Corp 9 41 Va 9% - Laundries Oct Jun 21% July & Jan Dec 10% 100 Y—a. N 7,200 19% *84% of il 41% Jan Dec 34 109% .• 100 Coppermines Corp $2 partic preferred- 100 9% ,89 7% May 17% Jan. ,1 -No par preferred prior preferred—. Consol 18,000 9% „ Jan 100 % Mar Corp of America 25 Continental Bak Co —No par 18% *86 20% 5 11% Jan 25 6,600 9% 12 4 107% Jan 16% 18% *39 32% Jan 5 May 9% 21% 15 11% July 9% 21 NOV 82 38% 9%' 105% 2 32 ._No par -No par Consolidation Coal Co—— 9% 9% Apr 13 - Consol 18% 15% 91% 2% Jan Edison Co_. '30% 176% 1 18% 16% 27 19 48%},: 1 1 15% 1 *12 15% Jan 105 28 38% 3% Dec 18% Jan 10% 177 29 % 94 Va Jan 48% ,*3% Jan 6 10% 55 % 16% 2 11% 38% 29 Jan 22% 55 Oct 29 Vs Jan Jan *22 % 38 " 55 35 16 48% *48 3 7'/a Va 177 176% 3 % 3% 3% *3 176% 176% 176 176 *48 10% 10% 48% 10% 10% 49 10% *46 Vs 2 Jan 89 100 28 9% Jan 24 tConsumers Pow $4.50 pfd—No par 4% 4% 27% 29% Jan 107% Jan _No 1,200 5 %' 41% 41% 41 Va 41% 41 4% 27% 4% .27 par _No par _No 29 280 8% 28 4% 4% 27% 19 3,500 : 18% 30% 9 104% Jan Oct Jan x33 94% *99 30'/a 100 Dec 11% 5% Jan 2 Jan 84% t 96% . 100 *99 99% * 14 10% Jan , Jan 45% 200 5 5% 5 Vs 100 *99 100 *99 100 *99 5 47/s 5 25% Jan 9 54 . 38 18% 18% 18% 10 $5 preferred Consol Film industries 21,900 '8% 8 7% 37% 8 11 preferred Consol Edison 3(KV. 5% 5% 5% 5% 5% 5 Va *35 93% 47/s 4%" 8% 38 94 ' 18 18 18 7% 7 30% Jan 21% Jan 4,200 9% 27/s *35 Jan par 25 Consol 5,700 9% ' 8% 93% % ■ 7% 37% par 6%?# 900 *2% 8% Mar 2 1"* 38,700 • * *2% 5% Vs 5 " 10 51 Consolidated Cigar 8,600 5% 2% 9% 7% 7 % 7% 7% % II 9 3 2 2 130 95 % % ■ ' Jan Jan 260 ' 717% *'17% - 85 Consol Aircraft Corp 3,100 91 95 13 Congoleum-Nairn Inc. 12,400. • 95% 5% 17% 79% Jan 36% Jan 1 5% 17% 95 % 96 95 5Vs 17% 16% ' par _No Conde Nast Pub Inc 900 -12% 91 Sep Credit—* conv Commonwealth 18,200 4,300 18% *94% 95%' *94% 95 5 5% 5 * 96 95 95 '94 V4 11% 6,300 i 18% 12% 12 % 90% 29 2 par Commonwealth St Southern. _No par $6 preferred series—— _No par 47,500 ... 90 26 Commercial Solvents 3% 17% Jan 2% Nov Sep Sep 46 preferred 18,400 24% 18% 18% 17% •; 17% 30% 2 Comm'l Invest Trust 41% 3 Vs 3Va *3 3 ' 29 Jan $4.25 conv pf ser '35. t . 27 50% Jan 37 _No Co... 8,500 11% 24 •''24% 24% 4%% 200 2% Jan 2 100 Pictures conv 1 1% Jan 40% Jan _No Carbon Commercial 5,100 32% 41% 24% 3 $2.75 Tff 40% '40 % Columbia 300 109 11% ^ A 600 29% *107% ' 51 Columbian 105 31% *107% 32% 109 10% 11% 13 105 105 104% 900 33 10 X33 33 27% 5a 10 *32 Va 32% 27% 5% 280 85 32% *31% -103 84 10 t per share Highest par -No ... preferred series preferred 45 • 32% 32% *32 84 io % *10 • 6% * " I per share I per share I per share. 100 Columbia Gas & Elec 1942 Year Lowest Highest Lowest - 10% 83% 81% *82% 10% 82 82 10% Range for Previous Range Since January 1 YORK STOCK Par 53,600 45 44 82 Monday, February 1, 1943, V . EXCHANGE 50% 2% 2% 50 •9% . NEW mart $ pet than per 2% 2% 2% 82 ■ the Week 2% 2Ve V* Sales for Jan. 29 Jan. 28 Jan. 27 ; HI .■ • Friday Thursday Tuesday . ' .1 STOCKS HIGH 8ALE PRICES . • Wednesday LOW AND Monday > \<* .4, Apr , 16% Apr 2% Jan 4% Jan 29 154 Vs Jan 29 108 178% Jan Apr Mar Dec 34 4% Nov 151% Dec Nov 180 14 170 36% Jan 4 26 36% Dec 13% Jan 29 11 Oct 15 Jan 32% Jan 16 20% Jan 30% Dec 11% Jan 29 97/s Dec 13% Jan 2% Jan 26 Nov 27 $ Feb % Jan 1% 2% Jan 1% Nov . 17% May 35% Jan 35% Jan 27 32% Jan 36% Jan 29 15 Apr 32% Jan 29 29 •Jan 34% Nov 25% Jan 29 26% Feb Jan 18 39% Apr 49 % Dec 110% Jan 25 107% Feb 1% Apr 51 4% Jan 28 Apr 19% Apr Oct 112 3Vs Jan 66 Jan 29 40 Apr 66 Jan 65 Jan 27 46 July 73 Jan 74 Jan 28 47% Apr 83 A Jan 29 A Dec Jan % Oct Volume^lS?" "Nuttiber' 4147".,'. ■: THE COMMERCIAL ft FINANCIAL CHRONICLE * : ~~ NEW YORK STOCK RECORD - ' ' • ■ \ ' ... - . 1 " ■ ■ •' ' . v LOW AND HIGH SALE PRICES "Jan.25 Jan. 33 *8'/a' 8%' 8% 8% 8V2 *40'/a 40% *68% 69% *4% 25% *H 35% 23% • ' 24 6% 24% 35% 23% 10% 35%. y . "II *r ' :< y 25 35% - 24 , .91 . *90% 91 . *21% 21% '13% 13% 3% 3% 16% 13% 13% 1 43 43% 26%; 26%' 32% 16% V *97% 100% :/ *27%; 28 *21 ■■■■;■ 21% 16'%.' 4% - ■ 41% *33 *10 y / 33% 10% 39% ir 129 6% *36% ' y; 18 *17% 97 *951/4 2% 2Va 20 " ; 2% 2% 9% y 20% 3% : *8'/4 3% 9 10% 3% 3% *8'% 8% *10% 54 7 7 104 6 *135% 102 102 ' 39% 11% *4% 5Vb *3% 2% *8% 9 *8% " ... 9 8% 8% 8'/a 6% 76 76 . 24% 134% 32% 33% 32% 36% 3614 115 *112% *84 86 *84% 132 132 *130'% 45% 45% *18 • 13% 13% .5'A *84% *130% *105 19% 2% 2% 14% 14 5%:yy,t;: . 5% : ' 5% y 107 107' '• 5y4 3»/e 8% 8Va 9 75'/a 75 75 24'/a 24% ; 132 86 1% yy *130% 13% 20 2% 14 5'A 109 ; 800 "/ '105 Nov Apr ■' Feb 29% 16% Jan 25 ; 97% Jan Apr 86 • 16% Dec 96'% Jan 27V* Dec May Mar 27 7 ' Trailer Co 16% Jan No 18 Jan Apr 97 Nov 2% Jan 19 1% 28 8 Sep par 19% Jan 21% Jan 26 Jan 11 12 2% Sep Jun 10% Jan 7% Jan 14 11 10% Jan 18 14 52% Jan 14 51 6% Jan 102 Jan .4 „5 37 preferred— Jan 8% Jan 135 Jan 4% Jan 2% 2 par 2 4 100 71% Jan 5 Cigar Inc.— No par preferred.._-__._^__..__.100 20% Jan 130% Jan 5 No No par No par 100 General Motors Corp $5 preferred .......No Gen par A——.No 10 Gen Precision Equip Corp 5% Jan 19 66'/2 Dec 4% Dec 3% Oct 9% Jan Nov 16% Apr 120 Nov 140 Feb 90'A 21% Nov 132 Nov Apr 33% Jan 28 21% Apr 30% Oct 36% Jan 29 40% Jan Jan 22 Jan 4 115 Jan 29 2'A Jan 9 108 Jan 14 x23% Apr 111'A Apr .' % May Jan 29 Jan 14 Jan 86 7 Jan Jan 23 122 4% Jan 2 , 5' 102 Jan 87 Oct 131% Feb 44% Dec Apr 30 46% Jan 26 130 Jan 8 20 Jan 26 Jan 122 Apr 13% Aug 2 y/ 2% Jan 26 103% Jan 116% July 1% Jan 61 Mar 64% Apr 28 132 12 13% Jan 25 * par Jan Sep 2 2% Jan „.* _.l ..........No Jan 19 Jan 14 Feb Dec 7% Nov 104 Jan 46% Feb 13 Jan 127% Jan 22 17Vs Jan 7 No par Jan 10>/4 53 Feb 35 3% Jan 21 Jan 3% Oct 9% Nov , 106 Apr 2% July 2 Sep 6% Sep 5 28 24% Jan 25 134% Jan 26 44% Jan 129 par — Jan 2 30% Jan % 34 113% 1% 96 83% par .No par preferred 29 138 5'A 3% 9 78% Jan 11 3% Apr 98 Mar 29 7'/a Jan 12 2% Jan 7% Jan 18 40% Jan 4 par 22 7% Jan 29 102% Jan 26 4 5% Jan No par No 4 19 Jan ^.3 __5 Common—— , 1% Jan 2% Jan 22 2 6 9% Jan No preferred Apr 85% No par / General Mills $6 15% 13 Jan 1% Jan • May 38% Jan 29 18% Jan 97 9V8Jan 3 Feb 45 Apr 52% Jan — Outdoor Adv Oct ■ 50 Foods Corp 10% Jun 2% Jan 11 Dec 42 12% Jan 136 Nov 18% Nov. 16 May 2%July 6% Apr 8% Apr preferred— $4.50 preferred— 10 Jan 5 5Va Jan 36% Mar 11'% Jan 27 29 1 Transportation—^..,5 cum 29 20 $6 conv preferred series A.No par 5% 2 No par preferred 77# 19 Jan 37% Jan - 96% Jan 12 ^ Amer Jan 7 7 > 9% Apr 114 May 14% Sep 18 ■ : 27% Mar 29 A,/y'38 17 y 15 8 35% Jan , conv 5 5% Jan 100 Jan 12% Jan 41 y,' 21% Feb Apr 8% Sep "^2'.:' y.^ 1 ; preferred—., conv 25 Dec Dec 39% 9% Jan 1 U 10% Jan General Printing Ink " II 26% 39% Jan 1,800 . 5% 34% Jan 29 5 7 Jan . 43% Jan 5 3,200 109 Jan Jan Dec Apr 13% 10»/4 Jan Gen Gas & Electric A ■ 107% Jan 29 6, 14% Apr Jan 87'% y 4 1,600 14 5% *106 " : 2% Jan 7% Jan 29% 4 9% Jan General y 15 Jan Feb 18 % 87 : May 20 500 20 14 ' 5% *106 ; 14 28 Jan 4% , 'Aug General Electric Co,,...,—No par 52,400 127% *127 . ' Jan 8 14 3 , 300 / 46% 14 43% Jan Jan 28 240 132 45% 20% 2% 2% :: Nov 16 General 100 13,100 96 86% ' 128 *193A 1% 96 *85% , 45% 128 ;; y 74% Jun 21 t7% 5,800 24% Apr 25 Jan -.'j 13% Dec. Apr 3 ^Jan Class A— 38,900 y: *130% 109 33% 33% 11% 83% Jan 8 28 34 Generai Bronze Corp____. General Cable Corp,,... 60 y 2 . . $6 preferred,,—...No par 1,100 17% Jan 29 8 4 Jan 2 190 24% 2 Jan 4 5 Gen 2,300 134% , *134 36% 45 ' : 36% 36% i 115 115 134% 33 % 115 46% 3% Jan 14 1 Jan 8% Jan 93 Dec 4 3% Jan General Baking 4,000 19% 4 Jan 30% Jan 700 / 22% Jan 29 Jan 104% 31% 15% 977/a , 29% 69% Sep , Follansbee Steel Corp_-___i._____.10 5% conv preferred—— 100 $8 5'A 27 Jan Jun 18 140 5'/s 3Va 105 85% 132 14 '..14 5% 5% *106 .' *135% ; , 100 85% 127% 19% 20 " 2% 2% . 140 *113 v::l% 105% 127% 20 ' 107 ' 45% 46% 128 14 5% ; 85 131 *127% 2% 13%, 5'A 107 *105 85 46% 19 2% 2% 105% 300 4,200 ; 92 7 13 Jun 6 15 Gen Ainer Investors 11,000 36'A 115 ; *112% 115 2 '■ "'-y:'V:'2"y. '2 105% 131 128 19 19 2%. 85% 46'A 128 ^ 2 *101 132 45% *127% 128'A *112% . 2 //y;':; 105 7Va 24'/a 36'% *112% *103 " 1,700 '„ 37% Jan 19 22 Jan -4% Jan 3%% 7% 21 25% Jan Gaylord Container Corp,,.,. 800 . 40% *134 33 33% 3G'/a 7% y 10% Jan 12% Jan 27 Gar Wood Industries Inc--.--._-.l 5% preferred 10 , 36 Jan 26 24% Jan 29 2 28'% Jan 28 Gair 8% 6% *73'/2 76 *24 33 105% *8% . "y' 5,500 39% *8% : 36'A 115 37/8 6% 8% 32% 1% ,3% . . 6 7 6% preferred 700 "" Gamewel! Co (The) ' ■ Apr Apr 27% 7 Jan 4 May 8 1,300 20% Jan 4% Sep 7% Dec 28% Oct 1% Nov 4% 1J Jan Jan Jan iy2 20 % Jan 19 Jan Jan Dec 19% Jan Oabriel Co (The) cl A Co Inc (Robert) . 2 70 /; 25% Jan Fruehauf 3,200 39% 3% 35'% *101 600 2% 10 "20% 7% 105 5'/8 3ya *134 25 134% . *135% 32% 1% 2% 10 . 16 Dec par 5% 39% ; 140 36 105 2% .2 . " 16 6% Jan Oct Jan 70 • 44 ...No par : , 4% Jan Oct 10 Jun 42 Food Fair Stores Inc..;,,....1 Food Machinery Corp__._.Ji_._. 10 70O 6% : 6% 35% 1% • *103 ; 39% 39 32% *101 2-Ta *7 . 9 134% , 34 21% 6% 86 20% 13% 3% 15 "V 900 97 7 3'/a *74 Florence Stove Co.„—.—^-No V Florshelm Shoe class A 54 3'A *24 : ;: ; ;i0% 3'A 76 1,400 18% *95% *10 5V8 24% / *51 *135% 135 18% : , 10%y, *102% 104 140 : . ; 16 25% Jan '10% Jun 3% Jan 78% Jan preferred,—,.—100 . 54 4% 75»/a COnv . *10 4% 23% 10'% 7 ; 900 200 fY: >'220 -. *51 7% : ; ^ " * 4% 10% 4'/2 3'/a *133'/a , 54 .10% ,y 5 23% ^ *51 10% *47/a 75% 18% 97 3% 8% *135% 133% 4%% ' - ; 3% *8'/4 140 23% 2 . 2% 20%" 3% 4% 10'/8 20'/2 3% • f . 20'/2 20V4 6% 133% .No par — 69% Jan $ per than 32% 25 4 Jan 4% I 16 Highest ; $ per thare 16' Jan % Jan 19 <2.50 Federal Min & Smelt Co, , 100., 28'% y, 2'/a 39% *8% : 22'% - 1C14 102% y. ■ preferred Jan 8% Jan 41 13 5% Jan -300 Federal-Mogul Corp...—... ,_5 A 3,500 % Federal Motor Truck,,.—..No par 1,500 ;, Federated Dept Stores, No par < ... 2»/a 6% 3'A 17% 87 28'% • 10'A 102Vz 3% 1,100 $6 9 9 12 24 39% -y ; • *38% • 39% ;.... > 400 11%- "y 11 % 12'/4' : 4,300 ' Foster-Wheeler 10 yi *118 -127 y Yy - ■ yy%--,\$7 conv preferred No par 17% .iy 17% 17% v 100 6% prior preferred __25 6% yr,y 6%y 7 " 3,700 Francisco Sugar Co .........No par 50 *45 50 ; F'k'n Simon & Co Inc 7% pfd 100 36% . 36% 37'/a '2,600 Freeport Sulphur Co ,10 *95% 97 :. 39% ; ; 9 Jan 1—5 —3 127 *17% 6% 17% 6% 6% . *39 ; 11% . 50 *45 36%. *""" 36% 17% 177/8 39% ... 50 v *21% y 10 . *118 6'/a *135% ,; 10 2'/8 . 54 7% —„5 * —, Lowest t per thar* * .68% Jan 18 3% Jan 2 Federal 3,500 . „ : 33%" 33%>V-V.y ':34"/.y3r y 38% :,: 140 75% 7% 7 "39 6 10% *51 17 ..4'% .. 10% 8% *8'/4 . 10% *51 4,600 . 4 *85% r 2 3% 10% 39 2% 21% 54 *101 17% ■ 20% 14 16%::^., 87 Co Corp : Fairbanks Morse & Co No par Fajardo Sug Co Of Pr Rico...—20 Light & Traction 1—15 2,100 : . .. . 22% Vy "A 4 *10 2 10% 20% *51 . ' *95% 3% •• : • 20% / *45 ' 36% 2% 2 22% 14 4 ' 98% , , *92% 13% 22% A'A 4'% 127 *17% 6% 18 *10 . • 28'% 10 'll " 36% *2% 10 96% 22% 33% *118 97 2 9% - 39% v 6% *95% 10% 28% . 10 : 17% *17% ' 24% 10 ^5,0- Exchange Buffet Corp—. 36% 24% 10% ..*21% 22% 33% 50 36% ' . 11% 6%' 2% 2 : r. 40, - 127 *45 97 9% ;' *17% • - 18 *95 *2% 10'/4 *39% >35 Ex-Cell-O IS ■ Cleaner^ Vacuum Products Evans 900 8 _ 28 *4% : 6% 50 *17% *21% 5 11% *36%'- 36% ; 36% 28! : 4'% *115 17% 6% *45 .. , . .10% : 129 17% y" 6% -50 . 27% 33% '11 *115 17%;' 17% *45 -y 40 40 y 11% ; *115 33S ' 22% 4% , , '*'11 '•' Eureka 800 8% Jan 39% Jan 13:. 13 13%. 13% : 1,000 Ferro Enamel Corp —1 *43 43% ' 43% 43% ,1,700 /Fidel Phen Fire Ins N Y-—,$2.50 '26% ^27 -27" 27'% ',r* ; 3,600 Firestone Tire & Rubber„,i,-„. 10 106'%' 106% y : :107'/4 107'% A/ .y 400 C% preferred series A ,,,,100 33% f.w' 33 ; 1 33% ./ * 33% 34%'?>• 1,200 % First National Stores,^— No pat' 16% /, 16% 16% " 16% 16% < 3,700 Fllntkote Co (The)—,—No par 991/a; y*97%:100%- ' • *97% 98'% « ' ' ! • $4.50 preferred-,,,.-,,—_No par 16% .33%' ; 1,400 \ No par —.100 „ Year 1943 . $ per thar* :—No par 5% pref series A— Erie & Pitts RR ,Co— . 2514 « Par |Erle RR common—.. Ctfs of benef int, , 13 " *97% 27'%/ 10 ; 12% 100% *21 ' 35% ... 6% 25 y- / 4% > 6% ( , ' , 2,800 18,700 ■ . Range for Previous Range Since January I .Lowest Highest ;/.•• *42% 43% 26%;" 26% : r *106% 107% 42% 27"'." *97% 33 10 . 39% *10% 33 13%.:,;" 4 , • • ■■ . . V- '* /, 1,500 24%A-: .. 16% ; 16% 4% 4'% . • • 88 106'% 106% 33'/4 33% > 27'%: 27'% 22 17-.. • 13% 16% "21% . r : 26% 100% : *97% - ' 42% • *106y4 106'% :32%:33% *16% ' 3% *84% i. 106'% V32% * ' .17 ' 43 26% *106% !,'■ 16% 35% 75 : >■ ■ II' ; ■* . 14 3% •:.} 26% < 3% 16% ,13% / 21% *13% 14" 83y8 } 83% ' : 92 21% 21% 3% . 84 13% '• *13% •; 16% *82% 43 V''" 21% ' 10% *90% 92 , 4% 25 ' 1 EXCHANGE Share* 41 *68% :.*6%w'6'/2 *11 1 8% 75 24% /' 40% ' . . . NEW YORK STOCK the Week f 8% 8% - 8% 23% ' 23% A23%... 10 10% 10% 92 92 ■ *92% 21% 22 Vy.. *21% *13% 14*13% .y 3% 3% 4 .16% 16%..;: 16% *85% 88 *85% ■ 'v V 10% 10y8 40% *68%. 4% 36 36 36 23% • 9% 8% 40V4 - . 8% f perthar* 8% ...... . Sale* for Jan. 29 8% * STOCKS 'i* Friday, t per thar* II / *68% II ' 4% *6% *24% y II 35% " *23% *10 . 40 6% 4% 6% ■ 73 '■/" ' : - , V •"' ' Jan. 28 •' 8% 8% 40 75 4% 6% 25 4% '*68% 25% *25 8% 8'/8 40% 4% 6% ! . 69% 4% / 6% • 8% 40%. 8V2 *68% ' Jan. 27 f <p«r tharf. & 8% 8% 8% 9 1 Thursday Wednesday v t per thar* '41 41 4% 6% *25 Jan. 26 'J 'V'yl'per tharf' i: per thaf$ 8% J "Tuesday />**• Monday Saturday . • t* y ^ 4 ; . " . 128 30 1% May V 10% Mar y 3% Sep 99% Aug 14% Jan 4 5% Jan 14 107 Jan 26 \ July Jan 3% Jan 14% Nov 5% Jan. 109% May ' % % . ' *14% * 18 y % 11% 11% 11% 6t;:vy67.%;-yyn 66% 18 16% 18 . 16 108 , y • 16'A 16% ' , 66% ; 108 y- 15'A-:i5% ' 3% y v -5'A " • :. ; *61% 6% • 62% -; i6 *42 *2 2% 78 ' : 26% 26% 95% " , *77 V. *5 1% *42 - 43 *42 ' *2 78% ". / 85% % 17% 11% 11% ,11% 65% 66 ' %' -*31 y - ,"18-18 16% 16% y % 27%: 66 18 ' 5'/a 81 82 1. 1%; 1 5% 6 63% 63% 6% ' y . A * - • ►*64" - , 2'/a .y' 2 ■■ 78% • ' *77% 25% 25'A 85% ' 86'A • - 15% 6% - 43 % 16 25% 86'A 87 y f - 26% 27% ' *81% 1 .' ' ' -•, 83 40 : : 1 5% preferred Goodyear Tire & Rubb— $5 conv preferred—; Gotham Hosiery, Preferred 800 700 , 1% - 11,800 4% 5 5 5 4% 5 " ' 5% 3,200 8% *7% 8% 8% 8% 8'A 8% 8% 8% 8% 8% 2,000 Grand Union 8'/2 8% 8Vo 8'A 8'A 8 8'A *8Va 8% 8% 8% 1,300 Granite City Steel 1,400 Grant . . 297/a 30 30 24% *24 30 " 24% *24 30 *24 15% 15Vs ••...:' 15V4 15%' 15% 24% 15% 23'A 23% 23% 23% 23% 23% 25% 25% 142 25% 65 *55 32 32 32 32% 15'/a' 11% 2% 15% "15% 11% *11% 11% 12% 2% 2¥a 2% *82% 83% 83% 15Va 11% 11% 11% 15Va 11% 25% 140 *55 65 31% 25% 142% 140 142% *55 2% - 12 . . . 30'A 30 24'A 15% 23% 24% 15'/a *24 15'A 23'A 24% 15% 24'A *24 23% 25'A 25% 140% 140 % 65 65 32'A 31% 32% 15 11% 11% 11% 12 4% 4% 4'A 4% 4% 4% 29% 29% 29% 297/s 29% 29% 29% 23% 23 23 37 *36 37 13 10Va *12% 83 83'/a 4% 37 12% *36 12% *36 *23 *12'A >10% *10 *102% 105 For 10 y* 102% footnotes see 23% 37 13 36% - .10 *12% *9% 105 page *23 *102% 451. 105 13 lO'/a *102Va 105. 10- 25% ' 142 *63 32% 26 33 5,300 15% 3,900 3% 91 Va 4% 8,000 8,500 29% 2,700 29'A 3 9lVa 4% 28% 23% 910 *36 36% -13 13 *9% 10% *102% 105 13 *9% *102% 13 10% 105 300 40 ; . 500 • r y : 87 27 26% Jan 4 Jan 29 27% Jan 23 ; Jan 11 ]•; Jan 2 82 Jan 26 8 5 Va Jan 29 8 Jan 5 7% Jan 29% Jan 9 8% Jan 8% Jan 281 29 19 24'A Jan 27 Jan 32 24% Jan 5 6 15% Jan 18 7 24% Jan 29 ; 23% Jan 2 138 Jan Jan 27 31% Jan 19 14% Jan 4 ——1.. - 22% 33. Jan 29 25 . . 10 23 12% Jan 29 3% Jan 29 par 2% Jan 2 100 81% Jan 19 91 '/a Jan 28 3% Jan 25% Jan 12 2 4% Jan 30'A Jan 18 Hamilton Wateh Co.— 6* preferred. y;:'/- \:yy:-y:'.. y ,25; 22% Jan 28 25 36 13 10 12% Jan 5 9% Jan 18 ..No par • 100 : Jan 37% Jan 7 ; 15 : ' 8 Jun 95 Mar — ' 29 Feb Oct Jan Jan 11% Aug Jan 3% Jan 86 4% Sep Oct 33% Oct ;y 25 8% Mar 22 Dec Nov 14% : Jan . Jan Nov 14% Dec " 19% May . 10% Jan 13 " 33% 18 4 Nov 28% Jan Mar ,;V 23% Jan Dec 63% Nov 2% Jun Jun . 27 143 9% May 1% May 48% Jan 18 Dec 25% Feb 10% Apr 11% Jan Feb Dec 1% 5% 8% 9'A 32 25 18% Apr 15% Jan 25 2 yy; , - 90'A Dec 47A Nov 81% Dec July 4 .Hackensack Water,— 7% preferred class A Hall Printing Co ,v . Apr 50 Jan — 82 83% Apr 130 10% Jan , Feb 27 . <19% Jun 20 Jan —1 preferred—— " 11 Jan Oct Jan 2% .Jan Sep 27 65 : y Jan 29 26 142% Jan 2 65 Jan 16 44 6 Mar 6 Apr 22'/a May 23 July 13% Dec 4 Nov 5% : y A Sep 4 Jan par 61 65% 73. Nov 13 • Jan 56 Jan 10'A Jan y Dec 5% Nov ;,y 50 May 12% Sep 60% Jan 1% Jan X58 Jan . 1% Jan 13 —100 L) Co Inc.— ; , Dec Feb 15% % Jun 1% July 15 No 110 Jan Apr Jan 16% . 37% Jan 96% Jan 29 5'/2 Jan 16 . 20 . Sep 43% Jan 14 4'AJan ... • :r 21% Jan Grumman Aircraft Corp—. Guantanamo Sugar—No 8% .400 4 ; No par Sugar H : ; 8 Mar May Feb -79»A Jan ; 3. Jan', X40% Mar . 78% Jan ^ 4 25ya Jan : 5 10 55% Jun 13% 11 .101% i f 7% . 4 Gulf Mobile & Ohio RR—_No par »5 preferred ..No par • . *22% 2 Jan Jan • : No par Prop,,— _JVo par / Greyhound Corp (The) 5%% conv preferred—— 110 1,300 _ - Bay & West RR———100 Green. (H • ; 90% Jan 9 4'AJan 11 80 preferred—————,20 Western 76 -31% Nov 19% Jan % Jan 13 ,2% Jan 29 5 • A Jan 2 1% Jan .8 / 10 Preferred—^ Green 5,900 11% 22% 36% *36 Great 10 , , ..^....No par Co,. Jan 4 2- ■ 83 div ctfs,,—No par Gr Nor Iron Ore 570 69% (W T) w ' Great Northern preferred, 2,000 142 12% . 22% 5% 2,800 13,900 11% 11% : /■//■ 23% *23 200 15% 24V2 15% 3 91% 4% .29 24% 15% 24% 11% 12 2% 88% 4% 88 30 15'A 11% 29% *81% ' 15 *11'% 2% 2% 83% 4% 69% 32%,: 32% 15% 11%. 12% 25% 25% 141% 142 *60 65 2'A, 5 *30 25% ■ ' 30'/a 141% 15V4 '5 30% 30'A" , 5" . Jan 23 Mar 14% Apr Apr 8% May 6% Jan 29 64 Jan 26 6% Jan 26 63 Jan 29 16% Jan 22 / 24% Jan 12. 100 *8'A : . . - Graham-Paige Motors— __T. Granby Consol M S & P_w——-15 8% 5 : No parr No par No par 4% ; . No par .No par 5 59 Jan i 14% Jan Jan Nov Va Mar • - 108 Jan '.15% Jan % 14% Apr 107% Jun % Oct 9 31 Va Jan: 28 18% Jan 29 11% Jan 25. 18% Jan 26 16% Jan 28 ■ 14 ,41 1 Goebel Brewing Co 11,800 : 5'A ■ 50? i — Goodrich. Co (B F)„ ' 2 .4 V % Jan 10% 101 67% Jan 14 : 4% Jan "2 60% Jan, 4 /; " Gold & Stock Telegraph Co——100 12,000 - (Adolf),— , .14% Jan 5 ;^....No par (The) Jan -.Jan ..No par ^ No par . 4%f, conv preferred ' Gobel 20 - 96% - Olldden Co 700 96 1% ► 2,200 • 400 i 5'A 1 Tire & Rubber Co • 60 108 $6 preferred—...........No par V 96% *81'/a ' 83 No par 100 200 3,100 82 27 - - ' Gillette Safety Razor $5 Conv preferred 300 5% ^ preferred General .. Gimbel Brothers.——,—No par % 2'/a 26% 1 6f, 7,900 87 *5% ,■ . - - 20w-16% Jan.. 4 : 1 .-15% Jan. ; 4 . y 26% .26 General Telephone Corp ' Gen Time Instru Corp, par ,V Jan |j? Jan 29 15% Jan 22106 Jan 5 . /.VV ' 96% 83 400 700 1 6% 5'A -'y-:' 1 700 , , 43 *77% ' . y/y / 10 Vy , 1,900 -' 10,700 63 A r/y 2% 2 82 - -r / 64% 15% • 6% 63 y 43 15% % 5% • 63% 15% *42 43 15% 6% yi. *62 • / J Gen Public Service— * lOe VV&Jan 2 Gen Railway Signal,— .No par 12% Jan 2 6% preferred, 100 106 Jan 5 Gen Realty h Utilities 1 % Jan 4 ►IS pref opt div~series^—-No par - • 31% Jan 28 General Refractories,,, ^.No par 15% Jan .5 General Shoe Corp__i_„_ .1. y.v 9% Jan '2 Gen Steel Cast $& preferred—No 520 ► 18 *107 -"108 . y 1,400 ^ 26% 96'/8 *81% v. 1% 5 y ; ~2,800 T 17%. *16% .y , 100 18% 26% *95% 96 5'/a "*107. 108 ' 15%» 15% 3,000 32 18% ■ 5'A 26% 80% 25. 85% 96 ' 957/a , *% % A 85% 5% 80% 80% 1 27 *95% 5'A *5 157/b 15% -5% , : 6 v-""; - • 5% ■ 6 '64, 64 '-63% 63% 6% V 6%. VV;,. 6% 6% *61 62%: *61% 63% -15% 16 - :. -15% "15% 15% 15% ' 85 26% 95% : • 85 108 r 108: 2 y: : .:',:*2,;^ 2'A' *77'A, 78 / /V 78 y 78 25% 25% ' y 25% 25% . 85 *84% : . / 108 y..-'-y 2 : > 25% 25% . - % 'A ' . 15%. • -43 *42 ; *77'A 6% 15% - ^ • 62%' ., 43 % " 62% y/ 6% 62% ;> 6% 63 16 15% 5%;-' 5% 62% 62% s ^ ; % 15% :> *107 ' . - • 31% ' *107 3,300 >. yyA1,900 • 65'% - 18 • ••■18 *16%" 16% 18% 18% ; 16 *107 *65% 67" |i 15 106 A 18 . ? 106 ' ' ry :"*105 17% 11% 33 17% 32-. -, %• 14% iQff 14% -*105 31% *31¥a 1838 " 11 11% 11% 18 *15% ■ *31 . A 14% y : 18% 32" , : ', % % Ti) : 14 14% ' y *105 106 A ' * A % %■ 14% 106 '*105 17%, 18'A" • y V v6?% *17% *31 . >;: 11% *11% *14% lor % 33 18 1 ~'/2 14% : • *105 A % *31 67 14% ; y 106 %' • • : 15 *105 ■ ; ' Feb 35 ; Dec 13 Apr Aug 11% Nov 106% Feb : - i 446 THE COMMERCIAL & FINANCIAL,CHRONICLE "Mdnday, February !, 1943 NEW YORK STOCK RECORD STOCKS LOW AND HIGH SALE PRICES f aturday Monday Tuesday Jan. £3 Jan.25 Jan. 26 I per share # per share f per shan Jan. 27 . I per Friday Jan. 28 the Week I per 8 per share share Sales fur Jan,29 Thursday Wednesday . % 102 102 15% 4% *4% *85 15% 135 4% 88 88 *7 7% 1% 1% 97 *96% 97% *96% 97 58 % 58% *58% 59 % *58 59 *153 156 1% i% 156 *153 156 *153 13% 75 % 75 131 % 131% 13% *13 75 % *13 1% , 1% 13% ' 1% 1% 1% • 1% 96% 97 Va 59% 59% 59% *153 *153 156 *153 180 Hayes Industries, Inc.-. 154% • 9,600 *49 104 18 *16 29 6 Preferred 154 V2 13% 14 13% 14 76 76 77' 76% 77% 100 * Hercules Motors- 1,100 13% 132 132 50 *49 50 *48% *100 102 *100% 102 102 *100% 18 *16 18 *16 18% *16% 18% *16% 16% *16 16% *16 18% * 16% 16% 28% 28% 8% 8% 8'/a 8% 8% 8% *14% 14% 14% 15% *113 34 34 33% 38 3 8'/a 108 % 38% 10% 10% ' 10% 10 % 10% 10% 45 44% 44% 45 109 *108 *34% 34% 4% 34% 34% 1% 1% 1% 6 Va 23 % 5% 5% 5% 1 1% 6 Va 6%, Va 33% 1% - 8% 19% *19% 37% *37 38 8% , 28 14% Jan 6 Jan 2 31 36% Jan •' -No par -No 5 ft 3,606 5% • 27 45 % Jan 28 30 Va 108 Jan 108% Jan 18 5% Jan 29 96 May 2 % Apr 29% May Manhattan-^—— 30 8% 8% 19% 19% 19% 20% 20% 37% 37% 38 38% 39 4Va 4% *4Va 13% ,14% 14% 14% 8% 8% 700 • preferred—- 6% 34% Jan 25 ' *4% 4% 13% 13% 4% 4% Dec 3Va Jan 5% Nov Jan 14 ft Jan 1% Apr preferred series A— 8% Jan 1 U Jan *11% 11% 34 34 96 % , 11% 11% 12 1,900 34 V4 34 34 Va 2,000 Industrial Rayon_. 96% 96 96 *161 165 *161 68 68 10% 10% 10% *6 Va 7% 22% *22% : 106% 165 68 68 67% 10% 10% *6% 96% 165 ' 96% *95 68 7% 96% *161 95% 95% *161 165 *161 . 96 / 97 *161 165 . 165 800 , ; 67% 67% 68 68% 68% 10% 10% 10Va 10% 10% 10% 11% 7% 6% 6V2 *6% 7Va *6% 7Va 21% 21% 21% 22% 106% 1,500 5% 20% Jan 29 39 Jan 29 32 y4 Jan 4 7 5,700 • 22% 108 106 *6 23 " 22% 22% *21% 106 Va 106% 106% 106% ' 23 106% 7%' 7V4 7%,- 106% 7V4 7V2 7 Va 7% 7 7 7% 150% 57% 59 Va 58 57% 164 164 7 Va 150% 149% *147% ' 7% 7% 7% 7% 6% 6Ve 7JA 7 % % 58% 10% 10% 11 ' 165, % 14% 14% 14% *59% 62 Va 60 / 60 \ '' 4 »4 4 '/a ■ 32% 32% , 54 9% 9% '43% *40% 41 30% '*37% 38% *102% : 4Va 43% *40% -10% .15% 15% 15 15Va 15Va. 15% *60,% .62% ';>*59--v60% 4 4 , 7 40% 30% *37% 38% *102% 7% : ' i 7%' 7%' ,1 ' 7% ' 7% ' 7%. *.935, 10 .10 *90% 94 11% *11%. 11% *11% 11% 28% 28 % 28% 28% *28 28% *136 *96% 70% 129 20% 20% *57 28 28% 101 *125% 71 *136 . 140 10% 10% 13,300 ' International 1 ' 28 Jan 6 IIV4 Jan 29 27 63'b Jan 5 Jan 163% Dec •74% Feb 12% Jan 6% Feb Jan 18%, Oct 23% 111% 7 Jan 2 •7% Jan 29 100-% Aug ; 5V* Apr 6 Jan 2 7% Jan 29 144%.Jan 20 .153 Va Jan 29 60 Jan 29 40 Apr 61 Dec 165 Jan 18 147 May 166 July "56% Jan 162 20, Jan - 9 Jan 5 % Ja n 19 4 11% Jan 15 5 15% Jan 27 A, 62% Jan 15 5! 3% Jan 28% Jan : "% 29 34% Jan -29 , 135 Jan 19 Jan 12% Dec 57 Dec 4% Nov : 30% -8V4 Jan 2 45% Jan 2 3% Jan 40 - 28 . . 36 102% . 443,i» Jan 7 Jan Jan ■ . 46% 30% Oct. 39 Mar 22 .26 29 26 94 48 V* May May Jan Jan Feb, Feb ,32 May 39 7 .60% .Jan /■ 3% Noy( Oct 30V'4Jan "4 Jan IVa , 29 Jan 29 41 . 43% Mar , 4% Jan 19 11 15% Jan 7% Dec 54% Jan 25 « 4 37% Jan Oct Dec 136 Jan ' -15 Jan 12% Apr 126% 6 lOVa'Jan ■= 1% Apr ?24% Apr 4% Jan 29 , 9 Jan 132. 38 Jan 151V2 Jan.. 3% May '55 Va Jan . 8 V* July 5% May 11% Jan: Feb ,10% Jan 5% May 109% Mar 9% Jan 1- Co— May July Apr 83(t May 5 Va Apr . 54 6 . • Paper ,100 74 Jan/29 , 18 , . 68 Va Jan Dec 23% Jan . .. 97 5 Feb 14%. Oct 35 Apr 107'A Jan ,. . 5 Jan 6% Jun 21 21 • 3% 44% 44 Jan 16% Jan - Int.Nickel <?f Canada---—^No par Preferred— J—100 ' ,200 2 21% Jan 28 5 { Internat'l Mining Cprp— '31,300. — 7lVa 39% Oct Jan 15 104% Jan 28 6% Jan 7 7V2 Jan 29 1% Jan 6% Jan 7 7% Jan 8 2 Jan 9 V4 Jan ,, *125% 126% 103/4 20% 20% *57%, 57% 20 *56% .,57% *66Va 68% 67% 9 % 9l% 9% .9% 12% 13 Va *28 126 11 10% *28 jT ,10% Jan 14 6% Jun 5 88% Apr 7% Apr 95 Jan 11 *Dec 243,4 Apr 32% 72 20 V4 21 57% 57% *66% *9 Ve 9% 68 V4 9% . 57% 57% 57 3,100 20 Va-' •67% 67 69 9% 9 V4 9% 5 29 1351 Jan 15 135 % Jan 5 5 9Va Jan 12 11 11 .29 127 Jan 26% Jan - Jatt Jan 104% Oct "7Vs Nov. 70 500 700 , 9% A- 5!^ 5% 7 7 8 --.5% pref 'series- B conv—: -100 64% Jan ' Joy Mfg Co—--i—8V4 Jan •••,• 1,500 4 127 Jan 58 Nov 138 Jan •' Jan Nov, 10% NOV 33% Jan May 107% Jan 50 % May 122 Jan 73% 129 , Jan Jan 64 * Jan, "79% 61 May 7% Aug Jan 9% Jan 69 Dec Nov 24% 17% May 53% Dec 21V8 Jan ■ 7%l 10% Nov 18% May ■ 72V4 Jan 27 54Va Jan pref{seriei A--—,.--^-100 Jan 19V« Jan Jones Si Laughlin Steele——No par . Jan 21 ■ Apr 85 preferred >—126 15,200 57 *66% • 11%. Jan 27 -. 127 127 20% Jan 4 27% Jan Jarvl* (W'B> Co——-I , 94 14 10 Va Jan ' Jewel Tea Co Inc—:—;—^.„No par, :44V4% preferred--—^^—100 / Johns Manville-'—J-—No par ' -1,100 10 i 71% 127 '90% Jan ■ . 1,800 28% *96% 71%' 20 % 700, 4 ■ — 10% *125% 20% % 28/u 71%. : -No pat No pat '*11% ■ 101 *96% 10 Foreign share ct£s — ^Interstate X»ept Stores— .r ; ' 67% - 140 *10% 71% 126 20% 28Va —*136 4,900, 95.': ' "■■■ \Preferred"I—IOO 11% 'V/^00->«-Intertype •Corpxi^£_—-w-No-par -28% -V28Va 600 Island^Creek,Coal—1 *136 140" i , ■ ' «6 preferred-— *91 ■ 11% *28 * 101 71V4 10 10 95 ■ 7% 7% *ll'/4 27% 27% *96% 101 . 28V4 126 Va 20%; 69 *9 1,900 - . 12 35 Va Jan 106 par 4preferred^—^—,—--100 100 13 Va Jan 7 6% Jan tPreferred ij-'—-100 • Internat Min & Chem_ Sep 8 Mar 4% Oct Jan 10 % 10. ,5,700 5%,conv preferred ^100 •Inter'Rys.of Cent Am—-No par ,1,500 ,5% preferred, ! ——100 41 . 41 ->■•* 500 t International Salt No par 30% 30V4- 1 •/ 1;400, .International Shoe. No par ; .38% 39 > ;' -300 ' International Silver———,^—50 / *102% 108 . V" 200 7% preferred—-^-L———ilO0: 7% 7% ' 57,500 Mntern'l Telep.&^Teleg— No par , 7% *9% *91 ' llVa 28Va . 28% • *96% ' IVA 71 57% ; *67 ;• ' 9% 54 *3% 41 7Vt ' 10 - 11V4 140 10% 10% 28% , ' *136 140 10% 10% 28% *96% 101 9% ;* ,53Va 1 30'A 30% *90% ','94 .*11% 10 *9%' 140 *40Vz • . 4Va 44 - . 94 *125% * 34% ' . 38% ' *90% 70% 43,a 6,800 • ( 2Va 14% Jan 28 153 Int Hydro-Elec Sys class A——25 4 Int Mercantile: Marine—No par 3,200 . ..'4%' Jan 27 2 42 ' *7%. 10 Va 9% 38% 38% 102%'1023/4.:t '104% 104%.v r 7% '7% 7% 1 7% 43 30V* *37v* . *3% ; 40% / ,30 104. ' 7 . 4 43 * 94 10 Va - .Internat'THarvester--——-No ! 500 : 4,500 • 132 132 531/4 ,;53%. 54 ' *3% *42 40% . 30% 104 . , 52% 1 4 43% 40% . ' 7 28% 4% 34% 134 9% 9% "*90% *136 4V4 " . -feOVa, -' •-•••?59% /• 34Va *132 134 9Va - .% 54V4 , *131 ; 9% *3% . ' *9% -. 4Va 33Vt ^ 33V4 32% ' 38% *102% '7' * 12 10% - *42% 41 *37% 104 *6% lis 10% 30% 30 ' '6% ■ % 10%' 33 , % 9 62 Intercont'l Rubber————No par Interlace Iron — No par ; Int. Business Machines—No par .14,900 Jan 89 " 500 * . " 10% 138 54 ' *3% 43% 4% *29% n. 2,500 9% Nov Oct 23 "A May 11% Jan 6Vrf-100. ^ ^1,200 60 164V4 10Va 9% •541% 54 ',. ■ / • *131 44 *3% 4 32% 138 *131 9% 53% ' ■ , 32% , ' 100 , ' 153 % . 58% 163 • - ' 138 9% 4 Va 1 32% 7/s 152 , 59Va 61% /. 4Va ' *60 , : 12 • 7% ,15% 15" ■ 151 58V4 163% 163% ■1 ' 7Va 7% 151 155 , 57% 59Va 164% 164% , 11 10% 15 *131 *150 59% 164% t:». 10% 154 *149 163%' 163%, , : 700 l06-/a 7'/a. 7%* *106 ' * 300 13 33% Jan ^^,^No par 5% Aug Jan 28 2 7 11% Jan — ' Jan Jan ' Jan 8 Ingersoll-Rand——^~No par 6% preferred 1QQ Inland Steel Co. —No par Inspiration Cons Copper——20 Insuranshares Ctfs Inc J —1 Interchemical Corp ^:r.No flflf — 68% . 2 18% Jan 100 34%.. 25 37 —100 H% ' 11% 33% 1% Aug Jan 26 UV3 . 7,100 Oct 6% Jan 34% 560 • Sep 4% 34% Feb 4% Jan 11% - 106 23% 34 % A • 1 Dec Apr 11% 4% 14% Oct 11%. Nov • 44 % Apr 16% 34% 4'A 14Va : % Feb 39% 25 11 Va • • 22 34 , : Jan 38% Feb 6% Jan 11% 4% 14% Dec 1% Jan * RR See ctfs series A_ —1000 Indianapolis P & L Co———No par Indian Refining —10. 4% 13%: v.-' 14 7% 18% 115 23% Jan 34 4 % 1 13% Dec Nov 29% Nov . % Jan Leased lines 4% - . 4% Jan 22'A Jan ' 360 15 17 / 100 Illinois Central RR Co-. ——100 10,200 " Jan Dec ---100 JHupp Motor Car Corp———-1 % 19»% 8% 3% Jan ————5: 4,400 '7/a 37 8 25 33- .% 20 8% 9% Jan Oct 48% 8% Jan 10% Jan Jan 22,800 5%: Jan Dec 102% Jan Oct. 27 26 44 par 5% 5% • & 28 Va Jan 134 V Dec 21% Feb 14% Nov 75% 12% Dec Jan~28 36% "Jan % Oct 158 •" Jan 6 25 15% Jan 28 —100 preferred-i_—— Hudson 6,400 / , Mar No par — Houston Oil of Texas' v t C—— Hove. Sound Co 8% Jan 12% Mar v, 110 Hud Bay^Min Si Sth Ltd—-No par Hudson Motor Car— ——No par 38 8'/a . 29% Jan Jan 9,700 *19% 20 *37 21 "7 13 '6% *37% 8% 8% *19% 28% Jan -10 - 23% 5% 5% 5% lil . -v» ■ % 11 200 ' . 14 *5Va . ' 5% 6 16% Jan (Del) 58 Mar 79 14 Va Jan 23% 6 23% 19 50 Jan 94 VaDec 30% Mar 5 100% Jan 6 Class B! 13,500 1,200 1% *1% 1% *5% 23%.: 23 Va '5% 33 Va Jan 5 Feb 125 7 9 Jan i% ; Apr IS Household Finance--.! 900 ; 5 Va 33% 132% Jan 23 Jan May 8% Nov Apr :-Apr 14% Jan 2,700 109 5 Va 33 i 6% 23; " 4% ...■ 34 *108% 108 108 / 4% 33% *5% 23% 57/a 109 '4% ; 1% 1% 6% 23% ' 34% 23% 6 5% 23% *108: : 4% ' 10 % 51 , 16% Jan • 109. 4% 34 28 Dec 88 May 141% 20 Jan 49 Hoiudaille-Hershey cl A- 200 10% 45 77%'' Jan 29 . 100 ' Homestake Mining—V-—--I—12,50- 15,700 45% *45 Jan 14 5; Hollander & Sons (A)__ —5 Holly Sugar Corp ; _No par 7 %' preferred—i——100 600 38% 153 5 8 Jan 131% Jan - 1,400 36 Va 10% 45% 4% ' *38 10% 45 4% 1% 36% *108 108 % *4% *5 35% »37% 46 10% 46 23% 35% 38% *45 10% 10% 34% 38% 35% 29 59% Jan 28 Hlnde & Dauch Paper Co—10 Hires Co (C E) The ——1 200 8% 15 Jan 98 Holland Furnace ; i,ooo *113 *37 % 34% 38 ■ r 29% *8 *14% *113 *113 — 38 *44% - Va 18 16% *29 Va 29% 29% 29% 8% 14% 14% 33%;; 33% 29% 29% *8 15 16.% . ' 6ft cum preferred—i-——100 Hershey Chocolate—_——No par $4 conv preferred —INo par 102 *112% *37% 50 Jan 12% Jan 73 : 152 No par —No, par — Hercules Powder.;— 50 14% *112% ; 132 *48% 28% 15 V* 2,800 134 *131 *130 Va ,*100 % 4% Jun 76 V4 Apr r2 20 50 102 :i% Jan 28 Jan Jan Jan 4% 5% May Jan 132 16% 8% 8% *14% ' 29 56% Jan *48% *157/a . 16% 29 • 76' 26 Jan Jan 16% Jan Jan 8 93% W) 80 88 l.VA *130% . 4% Jan 29 2 25 50 *100 •*15% 75% *75' Apr 12% Apr Apr 3% Mar .9 25' (G 146 25 16% Jan 29 Jan 7* Haye* Mfg Co • 104 Jan 86 — tHaeel-Atlas- Glass. Co_ 132 *130% 50 *48% *99 75% 102% Jan 5 Helme . " ' 4% Jan 390 , Highest i I per share 98 ' 400 ' 13% 137/a 1% 6 59% 97 Va 59% ■ preferred—100 - 1942 , f per share xl26 ,6 98 1% . 97 Va 59 $ per share share, 13Va Jan . 400 : 8 t per Lowest Highest .. 99% Jan par Hat Corp >of Amer class A~i—~1, 6 % ft • preferred-—-i———-100 300 90 7% 7% ' 97 % 6 ft, 4% *87 88 *7 7% • Faf Harbison-Walk Rftfrac—~L—No * 1 88 88 *7 4% 4%. r Hanna.fM A) Co S3 pfd-'—No par 4,800 135 *131 135 4%. 4% 16% 16% 16% *131 135 *4% 102% 102% 105 16% 16 *131" 135 • *102% 103 Va 15% 96 % * *101% 16 *86% 7'/a 7% 7% 103% 4% , 88 88 89 "130 4% *4% • *7% *101% 15% "130 135 *130 102% • 15% 15% 80 Lowest , ■ Year Range Since January 1 . : ' — ' *101 EXCHANGE Shares share Range for Previous NEW YORK STOCK - V Jan 11 Jan 13% Dee K 12Va 12% *122% 124 % 5% 5% • *20 ' *122% •124% *5% 12% *103% *12% 13 12% *122% 124 *122 Va 124 5% 5% 5% 5% 20% *9% 20% 9% *20% 21% 21 Va 21% 21% 93 *90 Va *90 13%". *103% 9>/4 110 9% 4 9% 16 16: 16 9'4 9% 9% - 9% v 9V» 9V4 'r *9'' 93 *103% *90 Va 93 *12 Vt 13% *12% 110 *103% 110 *103% 800 ■ 93 : 10 1,000 * 13% 5 Feb 123 Jan 7 117 Mar 2 t 6 Jan 18 21% Jan 29 Al3V«Jan ;20 Kaufmann Dept Stores—3—2_l 200 9% , *90% 13% 13 J4 13 y4 A 5 7 123 L pf ser. B _No par City Southern—No par 'A%- preferred—.—"—-L-——100 Kansas 3,000 Jan 5 V4 Jan X12% Jan 19 Furn—^__10 Kan City' P & 21% •■■■• Kalamazoo Stove St -1,500 5% 110 16 16 </4 *9% 13% 124 5% Jan 16 15% 16 16 91V 9% 16 9 V4 15% 15% V ' 9% 9% 9V4 6 Jan -14% Jan B—?————1 8% Jan | 9Vt Jan 27 ,90 ;Jan 22 ,13'4 Jan 25 .2 11 Vt Jan Kelsey Hayes Wh'l conv cl A——-1 1,700 2,500 Class-' 124 Jan , 29% May 6 Apr 81% Dec Oct 7% Oct NOV 2 . 2 I Jan ;i6V4 4 • 11 % Feb ,100% Jan Jan 11 % Sep S3 Va July 7% Jan 83 5%- conv preferred--——100 ' Kayser. (J). &.Co —i-5 Keith-Albee-Orpheum preferred-100 110 13 2% 103% Dec 7 * " 1614 . 13 *122% 5% 1314 13 V8 110 *103% . 5% 93 *90 90 11% 124 5% 9% *9 % 9% *9 90 13 *122% 13 20% . 20% 21V • 13 10'4 . .14% Apr 4% 22 9% Jan 22 : Jan 9 Dec Dec i 104 104 105 *103 105 *103 *103 105 *103 105 102 103 293i 30 29% 30 29% 30 y4 29% 30 29% 29% 15 Va 15% 16% *16% 16% 16% 16% *16Va 17 16% 17 27 26'/4 26 y« 27- 28 *27 Va 27% 27 Va 27 Va *26 V4 214 214 37 *36% - 214 36% 36% 37 37 37 20% . ' 5 *3% *27 2'4 - 20% 20% 27 2% 2 Va 2% 21 21%' 21% 5 *3% 4% 2% *3% 25% 25% 25 25 *24% 27 27% 26% 27 26 Va 2% 37 21V4 *3 29% 4%. •" 2% 2%' 37% 21% 21 Va 4% *4 25 24% 24% 24% 24% 26 Va ■26% 26% 26'4 500 Kimberly-Clark.--—— No par Kinney (O R) Co—.————1 $5 prior preferred^.-/—-—No par Kresge (S S) Co.—: -—10 Kresge Dept. Stores--——— —1 Kress (S :H) & Co_————No par Kroger Grocery is Bak—No par 580 : • 3,000 . 4% 25% 26 Va Keystone Steel 2,800 21% *3% 27" 900 V 37% 21% ' 37% 25% . it W .CO—-—No - \ 26% ■, 800 4,800 Jan 29 28% Jan par 8 22 26% Jun .37 % Jan 29 11% Apr .15% Dec 27 Va Jan 2 25 A Jan 100 " Jan 30% Jan 29 24% Jun 29 105 7 .15 Va Jan Kennecqtt Copper___;.——No pat 30,600 2% 37 %■' 21% , ;■ 102 Kendall Co $6 pt^pfd A—--No-par• 70 30 Va 15% 117 7 1 Va Jan 13 ;'2% Jan 28 34% Jan 12 i37% 18% Jan !% Jan U . Jan 29 30% 21% Jan 2 2% Jan 27 17 j 43a Jan 105 V* Jan May Jan 2% Feb Sep 40% Mar 2% 18 Jan 22 Va Jan Jun 3% Jaa Feb 23 Va Jan v 4 •25% Jan 22 19% May 27 Jan 26 Va Jan 27 '27 Va Jan 18 22 Va 29 Va Jan1, Apr i 10'i 10% 9% 9% 38 38 37% 37% 38, 40% 19 Va 20 20 20 20 Va 20% ,20 12% *12 *12% 13 % 12% 12% *27% 27% 27 Va 27% 20% 20% *107% 110 20% 109 10Va 9% 12% ' 20% 109 26% 21 109 , 27% 10% 11 38% 39 Va 39% 39% 39% 39% 20% 20 V« 20% 20*4 20% 13 11 *12 , 11 •*10% 13 *12 11 13 , 26% 27 Va 27% 27% *21% 20% 20% 20% 20 % 107% 107 Va 107% 107% 107% 3% 3% 3% 3% 3% 1 Va lVt "1% 1% 1% 1*4. 3% 3% 3% 1% lVt IVa 1% 1% 1% Lane 4 ,11 Jan 4 40% Jan 26 21»/a Apr 17% Jan 5 f20% Jan 29 11% Jan 11% Jan 7 27 9% Jan 100 (The)— 35 -No par Bryant—i—J——No par 21 Vt- ' Lee Rubber 1,500 107 Va 3% 3% Lambert Co 200 28% 109 3% preferred/: 5% 830 1,800 " 26% 21 , 3% /Laclede Oas Lt Co StjLouIs_—100 480 • • - , j ,-—5' Portland Cement——25 • 4% -conv preferred— 100 JLehigh Valley RRi/ 50 Lehigh Valley Coal—' No par 26 V2 Jan Lehigh 2,600 190 '' s Tire— .■ ■ 2,900 4,400 20 Jan i 12% Jan 22 ;28VaJan 4 ;21 l107VaJan 27 • 109 2 | 13% 13% 13% 13 y4 13% 12% 12% 12% 12% 26% 26% 26% 26% 15% *26 *15 *15% 15% *15% 15 Va 15% 15 Va 15% 15% 26 % 26 % 26% 26 % 26% 26% *26% 26 Va 33% 33 Va 33% 33% 34% 33% 34 Va 33% 33% 5% 5% 5% 5% 5% 5% 5% 5% 5% 26 26 33% 5% For 12% , footnotes see page 451< 26% 26% 26% 26%. 27 27 1,900 12 Va 27 » 6 2,000 /•Lehman 15% , 15 Va 26 Va 600 33% 33% 5% 6 Va . , 4,300 "Lerner Stores . ' 38,300 Corp l-50 (The)——1 Lehn & Fink-Prod Corp—^—5 300 26% . ft conv- preferred-- 11% Jan 6 Cdrp__/—---No par Libbey OwenS-Ford Gl—-—-No par Libby McNeili Libby——1—7 104 24 Jan 12 6 f!534 Jan 23% Jan 8 j26%Janl9 [34VrJan 26 31 5 Jan 12 Jan 2 - ' ;27 113 Jan 4 Jan l3'e Jan li| 7 14% Jan Dec 8'% Jan Jan 28 > 17% Apr 15% Aug, 25 Dec 11% • - Apr 14'4 Aug 18 18 / 6V8 Jan 29 , Aug 2% Jun jl3% Jan 23 IViJan Dec 11% Dec 28 Dec 23»/a Jan 18% May 26 Jan 11 ■}« Jan 18 8% Mar [ 3% Jan 22 " 13 Va Jan 2 13 May 41*4 Sep , 15% Apr 5 2% Jgn - 7Va Apr ,Jan 27 Apr 26% Dec 20 Va Jan 4 Mar 33% Dec 5lA Jan- Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4147 157 LOW AND A *29% '*6? 31Va 30 . ' 69 "68% 69 "23% 24% !•, 26 % "35 35% "13% 16 70 "177 v Va ' 36 A. 13% < 26'A 35% , 26% 36 14 13 16Va 26 35% 16:,. 18% 43 39% 6% 36 16. 14 17% . '43% 16 :16 10% : - 18% 18% 18% 18% % 43% '43% 43% 44 39 % 39% 40% 39% 39% 6% 6% ■6% ' 39 ' 39 , "6%• 7 ' 44%. 44 Vai' 18% *18% 39 39% 17% 17% 17% 152% 17% •; *18% : A ; 1 18% ,:-"v .7 *18 Va ■' 18% ' *150 *151 152% > "'"17% 153 *151: * ;/• 17% 64 % 64 Va : 17% 17% 17% 64%- .. r; 17% 17% *151 :'V 153 I 18 65 65 % 65 65%' 65 65 * 17% ; 1T%; 153 i •; A: 18 ' : 65% x64 ' % 64% ?V :• 4.900 : 69% Jan 26 50 % 70% Jan 29 Jan 24% Jan Jan Apr 73% Jan 50 Va Apr 74 Va 28 3 64 Va Apr 26 16% Apr 23% 22% Jun 32% Feb 25% May 37 Vb Nov 177 Jan 37 Jan 29 14% Jan 28 6 16% Jan 15 5 119 % Jan 12 Vb Jan> 15% Jan • 4 16% Jan; 42% Jan- 7^ 11 4 18% Jan 13 16% Jan* 2 148% Jan 16% Dec 24% Jan 37 Jan 46% 31% Jun 42Va Jan 2% Mar 6 59% Jan 8 20% Jan 8 28 Jan 7% Dec 15 ; 17% Jan 12 15% Jan 2 ——/1Q0 Oct 11% May 14% May ■ -18% Jan *'40%. Jan 65% Jan 26 22 Dec Mar Va NOV 16% Apr 128 28 19 Mar 11% 148% Jan 12 -18 Dec Nov 12% 'v 7'A Jan " Jan 177 Jan 9% 45% Jan 37% Jan ; 6% Jan --10 thara 33 .27% Jan 22 Jan« 34% Jan 19 , Highest I per Mar Nov 153 Dec 11% Apr 18% Jan 55% Sep 76Va Jan 23% Jan ;\< : .T-; • M X ; 20 24 —25 — Louisville '& Nashville 2,800 51 " ii .. Co, 28 22% Jan-. ;; - ..7% ; preferred1——100 Louisville .Gas & El AX~-t*-Noc par- 1,300 : Biscuit--—,. Lorillard, (P) • 'y! v.';.;, 18 .18. ' * 1 Loose-Wiles 30 V8 Jan 175 1 200 > ■ AO? ' -v "17% - A: 7" .■ Jan J 1)4 2 I per thara 63% Jan 25 .. 44% 39%;. ,40 "}-T* ;n'' 6% 18% 17% 17% 152 V2 *18% "150 V "150 18% 17% • % ' 7 .-'•: 6% "18% 18% f-'17% %:•;. " 17 % 18% 17 V > 18% ■.'"19 . I per shara 63 % Jan: Lily Tulip Cup Corp.i—• No par 3,100 Lima Locomotive Wks——No- par 1,900 Link Belt Co— i, ...No par 1,400 ;Lion. Oil Refining Co———No par 1,000 Liquid Carbonic Corp. No par. 19,900 Lockheed Aircraft Corp, 1 5,900 V Loew's Inc_ No par 4,300 Lone Star Cement. Corp—No par 4,000 Long Bell Lumber A_i..:,—.No par -. 16% 16 Va' 18% ' 1 •/ 14% 30 -5 ^ Year Lowest Highest . I per thara ^Preferred- —-■a.—-—-100 40 300 ; ;.f. 37 ; < Fat ■ Series B——— - • 26% 36% 14% ' 17% 43%' .' • 26%' /. 36 ' A t' , Lowest ; Liggett & Myers Tobacco—a-25 '. 2,000 175%. ..." • Life Savers Corp— 300 .*24% "24% ; 26% '14 • 70% Range Since January I. » , V 400 , " A 16% 18% 43% *. 14 13% - '.a.. . . Range for Previous STOCK EXCHANGE ' Sharea V ■ 69 175% 24%;. , 26 ' 36 13% 36% % 18 Va 16V« 177 24% 30% 70 A' ' 43 % "16 26% *29% NEW YORK the Week 69 69 177 24% ■■■' 70 ' ■ Jan. 29 t per thar a % 30% 69 178% 24%- 26% *68 70% : *177 24% 30 % 69% 69% V *per thara ' Sales for Friday Jan. 28 30 *68% 178% 24% 25'A ■ Thursday thar« per 30 70, >. 26% 14%'.;; " 177 . 30% » 69% >69%' 69% *24 . S thara per "30 , 69 . "177 176% 26 % 30 69 - 69 ,176% Jan. 27 I t per shara STOCKS Wednesday Jan. 26 Jan. 25 ! f per thar$ SALE PRICES HIGH Tuesday Monday Saturday' •'• J»n, 23 i 447 ■ *21% »!.. 29 •;' A 128 *i'23 , *21% '22 29% 21 A 29 *123 21% ; 22 22 *123 128 30% 21% , : 22 % 128 i 29% 29% • 21 . 22 128 *123 , 21 ■ 22 29% •< 21% 22 129 A 30%, 21% V 22 *123 22% *22 : 129 30%',.' A A" 30%,: 22 Vk A 22 A 30V4 10 *21% 21% :: 3% 4 : 14% "1% 7% 22 *10 - "1% 3% .; 18% 32% 32% 22 '22 '24 24 Va A, *21% 22% , 10% IOV'4 i *21% "1C0 . 22% f .: 107 12 107 A *102 Va *10 ; *107 *6% *98 V 103 7%. A A •"A;. 30 ■.;•>■ 28 28 ; *27% A 19% : , 103 "■A? N *106% • '• 108% ; 14 Va A- - *18 Va "88 109% '■i A 16% •16% 10% 10% *12% 88% 61 61 27% 6% AA:1. ? 22% 22% 22% 107% •107% 107%- 60 60% GO 60% 74% 73 73 : 15% 14% 15% 1%: 4% •4% 19% 19 Va 88% 88% •; Ar'- *116' 88 Jan 11% Oct Apr 12% Jan 17% May 26 Vb Jan 29 8 Jan 4 22% May 34% Dec 11 /24'4 Jan 4 19 Aug 25% Nov 21% Jan 2 24'% Jan 22 19% July 29% Jan par preferred—— 1st cum 165 -No Jan; 3Vb A 2% 167 Jan 29 162 2 42 Jan 19 31 21 1 % Jan 13 7 23 Jan 5 .23% Jan 100 100 4 s 7 104 conv Corp— ; 104 preferred——<.—-—.^100 McGravv Elec Co— A Stores 6% conv Mead 170 A Mengel Co 120 , * 5% :• 600 ? 500 60 t 1st conv Jan 7 Vb Jan Apr Oct 9% Jan 101 5 Vb 18 12 94 x5% 20 % 64% Jan < > 6,900.' Mid.Continent 700 Midland Steel 1,400 : - 77 26 55 Dec 72 Feb 13 20% Jun 32 Jan 23 4% Dec 6 Oct 28 Vb Jan 22 22 % Jun 29 Oct 4 29 131 88% -A 4%- - AAA:; 20 5% Jan 5 Petroleum Prod —10 ——No par 1st preferred—A—_—100 Minn-Honeywell Regtt——-No par . cum cohv 4V»% 73 4% > - pfd'series B—1 4 Jan 13 21 Apr 28 Va Jail 16 24 Dec 6% Jan 29 5 Apr 12 Vb Mar 19% Dee 16Vb May 23 Va '30 , 18% Jan; 6 20% Jan 29 1 20 Vb Jan 7 23% Jan 29 . 106.% Jan A 4 . 109 Jan 7. 59 Va Jan 12 61 '4 Jan 5 Jail 2 4% Jan 88% 33% Oct 30 Va Jan 7Vb Jan Power 22 : -^100 Impl 4,100 Mission 2,500 : 7 Jan 13 <15 Va Jan 26 % Jan 2 1 % Jan 18 4 4% Jan 7% preferred series A •Mohawk Carpet Mills 1,600 A: 59 Va Jan 108 > 3% Jan. 100 X7% Jan —20 76 12 20,. 57% 67 Jan 1% Jan 27 12% Oct Oct Dec Mar 14% Apr -,<5 Feb .• Dec . , 3% Nov Jun 8% 25 Jan 111 1% May 22 13% Jan .; A; 8,700 . Corp 64% Jan ——--10 --—No; par Mo-Kan-Texas RR^ 103 Va Oct .108% Nov xl07% May 3 —_1 A $6.50:preferred-^__—u,—-No- par 400 A Apr 35'% Jan • --100 preferred series C— Moline P.- 4 20 : Minn 11,100 A>; : X- 15,%' !■ i'V :-;i %' i ■ • 8% 4 % - • , •■-.'15 4% Mar 5 Via Jan ' 4 : f 73 . 19% 60 , V. 120 f? ■ Jan 7% May ' <• A 1% ' Ccipper— Jan 108 Oct 62 Dec Dec '7% Nov 26 Dec 15% ' Miami 3,200 s. 23'. a Nov 110 Apr 22 Dec 9% 39 Jun Jan Jan 24% : '.' May Jan ■•: Jan Jan Oct Jan 108% ! 30% Jan 2 26 XNo par Mesta Machine- Co__j—1——5 Dec 12% 14 Jan i73 27% Jan Merch & Mln Trans Co- : 6% 7% Jail 5 25 preferred———50 14 2 15 4% Jan; Jun 27% . 12 104 9 29% Jan ^ 1 (The)--———1——1 15 Va Jan 4 67% Jan: 5 Jan 'Jan 110% Jan 11 Jan 101 99% Aug Jan 26 7 . Jan Nov w 29 ; Nov 22 " May ;7 Jan 3% ■ Mar 10 23 ; 15 Jan. 6. - Melville Shoe Corp„ y 3,900 V f; par preferred series AaX—No: par $5.50-pl'd ser B w wXXXr-No. par : 1,400 A 6 103 ,„100 —__I_No S6 • .100 • '■< ' preferred-:—_4__. 9 29 " ■10% Jan 14% Jan.27 00-2..-——i,—1 Corp 4 *■ ' McLellan 76 9 28 Jan 46% Sep Jan x41 7 109% Jan preferred^-—-^.-100 13% 13% Jail 8% Jan;11 38 % Jan 176 Apr 12% Jan 19% Jan- 13 ' —_1 /McGraw-Hill 10 > Jan f Jan 1 Apr 3% Jan Jan> par 6 Va Sep 5 37'. Jan preferred—-No par, Stores ;'i 6,200 ;•; 27% -3% 15 Vb 88 Wks Alkali 34 7 ;-:-A, Jan 4% Jan 9 2,000 :V P/X 3% Jun V Jan pr.eferred__-_-^-„_——-_100 5 V4 Nov 22 16 > Jan 2 32 Jan . Dec % par 12% Jan 1,100 6 16% May par 11% Jan 10,800 Jan x Jan 8V2 5% Jan At 5" 4% May % Mar ' 29 1 • •• 28 Va 60> 73 "4 4% -'A' 22 19% Jan McCroi-y Stores Cbrp__———Jl A : 5% ; "*112 3% 19% *118 ..*109% A: 36% 110 *32% 35 16% 17 10% 3% 3% *58% 61% *16% 17' 11 % *16% • 65% *65 *32% 112% 112 6% 38% 23 >4 ? 3'4 "•eSVa *112'4 •■ y,: •35 16%* Morrell 2,050 2,500 - 3% 'A AA"V-3% 113 312 60 « ::,vA ; A A 37% & Co ../A 1% 4% Oct Oct .18 Oct 91 Jan Wheel Mueller 2,200 108% Jan Brass X-Xx Co : .: • Murphy Co;(G ,CJ—XXX —No; par i 4%% preferred -100 Murray". Corp of America.. ——10 > Myers (F E) A Nabco Liquidating CoXXX-No A — 23% 33 Va Jan 21 5 28 V2 ■ 34 Va Dec Dec . ., 48 Va Mar Dec Jan 11 9% Apr 12% Nov 20 V2 Aug 25% Jan 29 2 3 Va Jan 16 A 1 Oct ; Sep Jan 63 Feb 11% Jan 17 Dec 69% Jan 2 7 62 V2 Jan 18 5- 16% Jan 29 Jan 7 66 Jan 11 114 / Jan <5 6% Jan A 37 Va Jan 28 4% 22 30% Jan.. 25 29% Mar 50 Jan Jan 2 A Apr 6% 24% Jan : Jan 12% 8 5% Jan 110% 18 28 ;34Va'AJan/12/; Oct Apr 26 13% Jan 112 - Feb 120 11V8 Jan .- 121: ■} 117% t 17% Jan 7 63 a — bm. 26 8 Jan. 2% Jan A —Nonpar: & Bro„_—- —Ntx per 36% Jan ; 15' 500 600 102 Va , 53 MunsingWear Inc t 28 21% Jan t.: 100 A ;:.:io,4oo 110% Jan 7 11 % Jan 250 -6%-:,,. • 9 V k Jan j 37% VA 13 • par —--—5-i;.. Corp^.__ May 118 14 31% Jam • : May 112 115% Jan 2. 33 % Jan i. Mullins Mfg Co class B__— —t—l $7 preferred—^ —No par J 80 Corp——X „No 'i May 20 Jan, 20.: -JNo per v—50 Jan 118 : 66 110 Jan 88% Jan 26 2: 115" : par Essex— 7 86V4 Jan ——10 A— —No ^ 65 631 A; A Motor i ' •"'""A 113 %r 113V4 : 6% 38% & Motor Products 3.300 ,A (J) Morns t ."■A; 1,700 16% V 16% ^:65A;A. 66% 6%. 24%,'. , ?A>: 60 X 17% ,u Co preferred— Preferred series BxXX —No- par $4 preferred series C— /No par Montg Ward & Co Inc..X —No par : 13 '%y. 24 % , :i2,900 A vy 16% At 13' 60 •,:?; A:*3T1A 38% 160 - 36% n *32'/^" 24,'.: 113 6% : '• 110% ' *65 Va 113 *37 % S4.50 j- >.10%' : 10% • 13 Vb' *59% :? *17 66 VB 6% 6% 38 Va a; -"3% 60 17% .?:■ 10% .23% 3'4 60 a: 16%: Monsanto Chemical i'. ?'•;. 36 Vb • 35 16% A 10% ,"A,i3A.; 23% *16% 112 . *37 v 13 % ; 36 Vb A 2,900 f ? *110 110 Va * 35% . 88,v|-A *116 '*.118 *32% - 10% A ,12% 66% 6% k: 17 ' A?: . A 110% 35 16% •10 Va 17% ' ' A *118 "Ay J09%. 109'/2. ■V <35% 36% 36% Va A* 116 *116 1 23 % - •-•' 20 88 a ; 7% S>6 A1' 66 ? *107 113%', • 3% Jan Jan No ;May Department Stor.es—A.—10 'Maytag' Co —iXXXXX^'-No - par 5% %V 30 22.%'-' V. ,%_• A..-: 15 : r 5 11 Va 22 McCall 107Va' 107 % A ; A 60 AAA; 1% 7 27% .,,, 23% '/a 4% 19 Va 12% 12% 23%. 24, :V; %A^' 3% A 3% 60 :a 60 A 6 1 Vb- • Jan Dec 2% 11% Jan 1,700 78 r •A; 19%: - *112:: • 13% ' V.A' 107 3 A *107 " ••10% Jan 2 18% Jan1 11 1 3% Jan 29 Jan A. 5 9% Jan' McKesson &: Robbins -Incw—i.,18 27%: 23 A-3% " V73%'A 4 9 V 1% Jan y Nov 2% May ■A 25 2,200 v 28 ,> -28',4 v 6 % -• 6% .♦ ■ 19% *22Vb : 3% 1% 19 V». •• *107 12% 112 , *112 ; 4 A ■ : 2 29 Jan 35% 21% Jan Apr 19 18 8'4 Jan 15 Jan 131 —i—1 3,500 V :-A*27%v 6V4 • 27 .3Vb Jan 4% Jan V 8 .1% Jan Pub Co-———Nonpar Mclntyre Porcupine Mines—5 *5%' !'■ " 28 • ' *106% . y'-jv* %?■ 35 A: A *37.?:,: A: 6% Corp 1,100 } 107 *29'.2 '■■■ 4*27% ?28 14% A 28 - Apr Dec Corp___—No 15%' f *62 ■ 28% 19% AaAAI'IA 36'A 65% *27 Vb 19'4 16% " 66 30 *4- 2 14% Jan i_.l r- El,ec Co_ Mathieson $3 6%| -y-lPX: "A'*71'/a ■' 73 19% 10% ; 6 Martin-Parry Master 1,400 "'•• 7*4 ' 5% 28 (Glenn L) .Co Masonite - 1 110 :* p . 30 -A 1 6% Jan' par 41 Aa!' ■'• . ': 14%. *107 'A? '*100 7% ''A:.? 5Vb 27% 6% f<-. 12% 37 " 73 :• - A. 21 10 *62 28 27% ■A *27% : 28 10% ;66"'A% 113% A 37 28 16% 6% *'p6s/0i'' ; • 5% *73:-:•■ *118 *32% • *112%. 28 V vl7'"'A:! V , :% Co—.— Bros±X-XC-L~—~~No Maudel Manhattan . • 5>/4 * • 75 3% Jan Manati.Sugar ■ 10* 12%'" X40 %' 107 • 26 1,300 . *102% 108 •,7.-."%.' .AA'.A °6% 22% Jan Copper_^*t. • Martin l'' , 23% .-•"••'"•21 ■ * A '3'% A:,; •12'4 T" X 15 *100 4 1,100 *13.1#'?-••;14.A: S no » r'-A 7 Va 30 60 Va • . 35% . 3f 3% ' ' 66 ".A ,1 87% 23% > *16% . 4%.- - *116 " . ; 12% ;■ *23 Va A' *3% >: 1% ;AV "35 ;V:;;v; "32'/a '■'•"A- 14% 18% : "•A >' 66 22% '*106% V- 110%: 110% • 35% A *29%, A" *118- 35% *62 3%A y'V, 18 Va- 109% •■■'-v A?, A> *72 5Va 18% ' ■ • 74%: 4% *118 * . 106 , .A 7% 42 10%: *107 Jan 1,600 .*!, 600 :-i: r ' 6% *100 ';'-?A7. 21 % \ 40 ' 20 " -X 107 *100 • A *9% - 15 .•'• 110 xt 108 21% ' A„10 A 15,400 A 167 A *21V 12 VB Va 23 % V 3%-" 40 -• 14%- , 6% .." 7% *107 A 14% ' a; A- ;:s; ■ M, 39%. *107 *112 •' '■AA 1%' 88% :: ;:*116 10% 14% ; ?: . 21 39% 30 ? 6% 4 *73 , 19 20% | 41 13% A? 13 Vb A:' 12 Vb. *102 *9% : 62 *27% • 60% 3% 1% '?>, 1% :: 4 Va A'' 4% ' " :• 73% 14%. '. 73 % 27%"' ' ' A AA 6Va A *29% *112 ' 73 Va' 107 110 '•*27% . 22% 60% *107". A: "3% *103 103 ? 5% 19% , 110 3% 12 62:- 6% 108 60 % : *112 •' 28 *22%: 109 *60 13% 12 9% Magma 9,500 A 24 ■:• ;r 167 <24 *100 107 ;, 13 73 T • *23 17% 15 Shirt___-^_—XX* 25 Maracaibo Oil Exploration-—1 Marine. Midland Corp„— 5 Market St Ry 0% pr preferred.ilOO Marshall Field & Co_ X—Nonpar d3% • 24 , 3% 23 27 10% Jan • ' •41A 3% *100 110 7% 28% 19 23. *108'% ■4 28 ; ' *22% ■ • 3 Va 22 % Jan 4 5,200 ! , A 5%A , 33% 23 %•■: v '•'•" 40% 13 6% . 41 *22 15% *1071 28% 6 Va 19% 40% 2 Jan ,11,800 2,470 ' , 19% "A ':; 4 . *165 12 Vb : : 14% . 5% a 28 a: - 6 Va ■ 24% 39% 30 V> • *27 Vb :« "■ 28 *6% *23% 10% 62 5% ): 28% 28 V3 i 24 19% Jan 10 1,000 ' 'A 5 '/a 24 . 21 ' 5% 4% 24% 39% : 71%. : 18%. • 32% 23% 10% 7% 71'A "4% 32% 20% A 103 *58 18% 33 107 'y'A w'.r 7% 18% Dec 15 Vb * ' 4% 107 12%. 15% *6% 18% 26% par 700 A 10 t low; A A .11% .11% A 11%:: 29 Madison Sq Garden 700 A 3% 26 , No par 3,900 ;• 1 ; A' Jan 30% Jan •122 Jan* 500' > 1% .-A. 3%r - 10 ,.100 — Inc_^—No'par 900 A A Macy (R H) . * 10% 11% 23%: ,*102% 110 *100 30 30 'lOVi . i Forbes.„_ & preferred Mack Trucks Co Inc 5,100 . 14 Va 1%. ';V A 9.400 8% 14%:. 'A 3% 23 >v 24 • 12% 10% 107 62 *58 , * v:>. 70 ■;A. 3%' • "J4 -•' 'A 8% 1%,- 32% •;'3%:' *100 ' A-" v 40 15% A.v: r A 21% *10 '■ A ; 1% "10% .11% '18% "AA 4% 41% *22% 107 39% 7% 70 ;:••'■"' ) • V 6% V: f 3% 12 *102% 15% pi 110 s % .3% i 24% 40% 13 12'.. 39% 15% ■'K ; 20% 10% 39% 1 *164 '■"•■'• 107 A112% ' 21% "21 « 1% 23% . 24%. ' ."'A'''1 :,V 8% 14% 10% . *164 * 23 *100 13 *11%' • ' ,A" a *7% *14% 33 3% A ■' *21% *12% : 4Va . , - ' 42 3 % ' ■' 24 4% 33 } 24% A *41% 3% 19% *22% *164,': 167 42 ' A 24% . 168 4 8% 11 Va 10% 4% 1 32% 22% *164 A "41% V.v '*3% 22%' 14% 3% 11% 18% 4% 22 Va r .'"• 3%; 11% 19% 4% . 32%' r *21% 4 14% 1C% . 11% 21% MacAndrews £ 6 % r A 10% ' A A 4% 4% • .11% 19 ,' 19 ■v; 10%: 10% , 11% 3% ' Vb *7% 1% ■ *10 " 3% 7%' 14% *1 Va 1% A 3%, 10% 11% ; A 3% 7% 10% *10% 21% 22% 14% • " ; , 3% ' 7% 15 14% 3% , 22 'A 1% .3% : .22% /,/. lOVa 10: 4 ,7% 14% 10 ■ *21% 3% *7% a 10 • 300 - A,:; 30% ' 19 A-jA 24 *123 . AA A 49 May 108% 3% . 113 Sep Jan .,; Jan M. Dec 6% Nov 39% Jun Feb N ' '•A : *1% -A':'2AA:V v 7 A A A 6%. ■A *25Va A 16% A-: *9 r t ? I 6 "6 : • 20 '■ A •.• • 7% 7% 10 *9% ♦. 6 A 11 A 6% "9V-4- 10 } ' ' 6 Va :V '.. 79 Va 79% 15% 162% , • 162% 6% 77 Va 15% 145 *140 16% ,v 16% *34 ; 53% 6% 15 %'■ . ; i A , . 59% 65% 3% 16 157/b •16 15% 6% 15% V. 1512 A -. 15 1(>6 *160 166 146 *140 146 .: *140 16% 16 >4 16% *34!.-, 35 V4 34% 35 16 I .-v .' 2%. ■"A 6% 234 53% .7 2% 54 -• 7Vb , 3 53% 60% 60% 66% 66% 3% 3% 7% 7% 7% .7% 114 *16Va I • 10 V4 . 77.. , *111% . 167/b 77. *37 •. 114 10% * 16 % 77 j . 41 , *37 i *111% • , 3'/4 7%. 7% 10% 10 Vb 114 29 28% 29% 29% I 12% 12 Vb 12^.. ; 19 19% 19% 19 Va 98 Va 98 Va 98 Vb *96% see page 451. 190 167 . $4.50 3,200 ' '".A- . 60 V* 66 3 4 68% 3% 3 V4 3%"' 7% 7% 7% 10% 10% . i; -3 • . / ■■ 19,900 t " 16'»4A " 10% ' -7% 3,100 60%,:A61% 68% -.7:%A v7% 10V4- 1,608 ' 10 % 4,800 17 *17 *76 40 38% 114 *111% *111% *17 18 - 81 *76 . 114- a*. . 18- *111 V» 114 30% 30% 11% 12 V* 12 12 >4 19% 19% 19 Va 19 Vi *97 99% *97 30% 99'% 30Va conv *97 19% 99 Va —J Newport Industries— 5% Nov 15 5% Jan 8% Dec Jail A 5 A 19% Jan 20 ";• • 29 7, " Jan ; 20% Jau 27, 4 Jan 4 11% Jan 2 '16% Jan A? 18 29• 6 Vb 9% May Nov Oct .13 May 16% Oct 140 ' May 166% Jan 12 Apr 16% Dec % 3% 11 A Jan 5% Nov Jan 20 6% Sep 12% Apr 4% Dec 9% Jan y, Dec 15% Aug 7% Nov 9% Jan 27% Jan 29 17% Apr 26 Sep 19 Jan 29 14 Vk Mar 18 Nov 6% Jail 3 3%. Apr • 6 8V4 Jan 137 12/ Jan 70% Jan 160 29 19 » 4 ,■79% Jan 23 Jan 2 A/15% Jan 22. Jan 13 Jan 6 - 8% May 9% 6% 60 Jan 72 11% Apr 16% 162% Ja'n 23 145 May 19 129 Mar 146 17 Vi Jan 29 Dec Mar 168 139% Jan Nov Jan Jan Jan " -No 14% Jan."13 par ylO 12 2% Jan 2 • 36 1 .u Jan 4 29 Va •■'- 17% Mar "1 Va 3% Jan 28 29 7% Jan 29 4 16 Va Jan 18 0% 61 Va Jan 29 68% Jan 29 3'% Jan 15 7% Jan 28 4% 9 10% Jan 26 5% Mar Jan 5% Jan' - 14 % Jail Jan> Jan 2% Jan 6 *■ Jan . 9% Jan 16 . Jan.- 3 Vb Apr 43%, May Nov ;• 54 Jan Oct May 6 Va Jun 16% Feh 45% May 63 Feb 51 May 70 Feb 2% Mar 4 Oct Jan Oct VB Feb 9% Dec 17 Jan 11 111% Jan 16 Jan 27 11 77 74% Jan 37 36 Apr 54% Jan -• 1 52, -v _—_40 per '13%: Dec ' ■34 Vs Jan —4 preferred series A——100 Newmont Mining Corp: Oct Apr 14 100 preferred—-100 6,200,- 19% 3 22 14 Newberry Co (J J).—»;.„No 8,500 13% May 165 17% Jan, -15 —No. per serial 29 15 9% Jan • 57 conv Jan X25% Jan =62 4% %' 3 Vb July 7 Oct 29 Va Jan 13 -100 • Dec 3% Jan 6 Vb Jan 4. - A 16%, May i 6% Jan Nehi Corp ———i—No per Nelsner Bros Inc —I . 26 18 27 •A; 17% 7 5 7 Va Jan " Jan; 14% Jan 1100 prior preferred——. 3,700 10Q 18% 10 a:—,k Jan :V Jan. 5% Jan 9% pa? 10 National Power & Lt_i—X— No.- par Steel Corp_—X,—125 5% r • , No' par preferred B Nat Mali & St*I Cast' COi . 17 preferred—X.No; par N a torn a s Co 300, ! 30% 29 StoresXx'XX^d preferred A. 5 Va f* .•• 100 12 •4. I-2V4 19 - 29 Jan ; 6% prior preferred_.;_v ——100 'National Tea Co__> >—i__Na par 20 " 40 30% ■ v , •£.;' 81- *38 38% Jail 417% 6% ." 4,500 , X' 9% 162 No. par — National Supply (The)- Pa 1 $2 conv preferred —- • 1,400 . 7 *2 A. National ,•• 530 - 3% 8Vb Jan 15,% Jan 5 _10 < National Oil Products Co_ 2,900 16 3 J4 / • 25,000 " , 54 Vt-A 54'% 68''?,"' •• :. j >7%/ • 60 <4 - 7 % • — 3,400 %'"'r34% Jan National Lead Co 100 f 34 ' X- -54,:. 6,200 - v ' " X: 9 7 % National Dept > 16%'V1'7%; 3 '15%' 77 16% • 12% 19 footnotes " • 3 Va 53% *37 • 301/4 12% 98 % .'••- ••'-••7 ;--"- 'A.-7'VB *76- 16% 77 42 12 Va For 35 v 4 Stamping-^. No. par National Gypsum Co_-__jl.-_——-1 '• 19 *96% '• 67% 8V4- 29 .* l%% 3 - 7 67 66% 3% : *162 *140: >142% 4' > 8% Jan Nat Enam & . 9,200" : —10 preferred.—; 6 % preferred Nat Distillers Pi'od r- 100> 79 r "r 2 Cash Register No par National Cylinder Gas Co.——-1-1 •» 9,200 r >••%• 153rf>.. 15 Via 166"- *34% 54 6% , 60 Va 65 Va 3'% i, 0% ■ 78 Var*-- ' 15% 16% 6 Vk, * 15% 40 - V ■ 16% • 16% 80 •V; '-'•15%' ■, *161 *140 1 .54 9%- V 78 Va •'; 78% 15% 146 . 19 4 5% Jan Nat r — 27%; i9 Vf ; 6'4 .79%; 15 * ♦ : 27 . 6,100 ' 4,200 *6a/fc"XXVX ■;? V4 19 % conv 12,600;•;• Nat Dairy Products 8% 15% Jan 1 — preferred—— —Ir 100 Nat-Bond & Share Corpi—No par National Can Corp L—J.-10 2,700 16% V,%- 93'4 •: 27 6% *160 16 *37 '; 79% r 60% *77 : *111% 79% , A- 6% «8% 27 A '• •:'" f. A v 10,200' ! 10% ?ii >•"•«•' 16 6% 300 V 20%- 20%. : 500 200 \' «>—1 .--—I 5,700 /National Aviation Corp 12,700 ;■?, National Biscuit Oo 6%: :-7'4, : • .7% : : *17% 19% 16% "16% . , .6% • A' 10 27 *17% 59% •4 - *9% 26% 19 Va * 17 Va y 6% - 2 2 A 100 Nat Automotive Fibres Inc • . .. 15% 53% t. . 10 26% 26% : 7% 15% A 9% ; 7% 59 9% ' -.7% . •' 163 '/a A 106*% 16 Vb - 15% 65% ■ A" •'.•? 8% i National Acme Co 1.300 A) 6% Jan 23% Jan •5 - 6,400 ?\r 1 par Nash-Kelvinator Corp A. Nash Chatt & St. Louis.--- A; 150 6 A A. '419-:% "19 18% 15% *9% 28,400 • '-,16%. 17% * 10% - A *5%' 20% *17% f ,A;A 9% A-' 9%; A 166 6% ; A- 26 4/ -17%- 17 ••» -9% 17 4 k 10% 6% I I ' . 59% ; . ' 7% : 18% *18% 9 Vb AAl&% *163% 18 Va 166 » . ] " 9% -16% 166 20 Va ; i i6;, 16 *34 *: .36 2% 2%. 6% ,16% *163% 6 V* 7% '•-7 '/••A 8% 10% *78% *140 A 2%% 53% :• V A ■ 20% 6% 15% *160 36 : 2% .: '■'•• ; - •: 9 2 6Vb .. A AA: 9% ' 6V4 . n 26 V AA 6 *8% 7. 10%: A 79% . ;A'A- 5%' 6 20% 6% ■ a:: 2 ' t:;„T 11 , 26% 19 A 17 17 * 1 Vs.- A 6% 20% v.? 7% 26% .19 16% 6 8%: :A: 8% 16% , 26% *10% - ■ 15% *17% 5 26% % 2 7 7 26 1,6% V- 166 20% ll'A ■A-A 7% A 19 20% • ; i5%. . A 6% 20 . 16%, 19 *18% A 19% *17% 6% A- '- *162% "26 V a P 26% •, . 9% •nv8 25% A 8% 9%.';A 9% 16% •' *1V8 4 2 'V, 6% V7% • *8% " V4 ,::• 16 ,■ 8% .16%: 10% 15% :. a ■. *161%, 166 A- 20 % 'A: 10% 6 ,, I •19 *18% ( 9 Vat ,•: ; 16% : 16% ?" 162% "163 :.tv ::i"? 17 " 8%:, 2 6%'.,,7»/8 25% 25% .-16% : 17 *5% I G i : 26% 9% •;,AA*8% ; *1Vbs 7 16% 6 A ;Ai 6 2 • 6% *25% • 16% A; -A A 6 ■ • 26% , *1% . ,■ Jan 25 70 Va May 75% 38% Jan 15 28 Apr 39 % Dec 111% Jan 16 104 Mar 110% Dec Jan • 17 Dec Sep ..10 26% Jan 2 30% Jan 29 22% Apr 30% Feb 1 10% Jan 12 ,12%. Jan 21 7% Apr 11% Jan N'port News Ship & Dr Dock1 $5 conv preferred .No par 17% Jan 2 19% Jan 27 15% Dec 25% Jan 95 V8 Jan 7 98 Vb Jan 26 93% Dec 109 % Jan — 1 1 * i FINANCIAL CHRONICLE THE COMMERCIAL & STOCKS HIGH SALE PRICKS LOW AND Saturday Monday Tuesday Jan. 25 Jan.26 Jan. 21 t per < per share 23 12 291/4 29% 28% 29% *28% 12 11% 11% 12 11% 11% 11% 29% 121% 12% 34% 17% 1,100 11% 11% 11% 11 Vs 11% 11 11% 11% 11% 35% 34% 35 32% .34% 31% 32% 32% 34 33% *17% 17% 17% 171/4 17 17 17 17% 17 17 6% 6% 7% 7% 79% 78 104% *100 *76% 38% ft. 173 *114 25% 171% 25% *24% 169 172% 114% *113% 172 170 171 10 11% 11% 11% 521% *51% 52% 52% 52% 51 51% 51% 51 51% 10% 10 % 10% 10% 10% 10% 10% 11%: *93% 100 :.■ *931% 37% 37% 371% 3% ■3% 3% *31% 32 32 7% 16% 16 3% 3% 16% 37% 34% 11% 34% *4% - 17% ♦142'% '142% *46 111 *29 37% -ft' 3% 3% 57% 57% 36% 5% 5% 5% 78% 4% *7% x57% 7% 7% ".ft. 171/4 17% 25% 25% 25% 25% 35 % 34% 35 34% 21 21 21% SQ9 93 92 91 J/2 *91 70 *145 /' 30%. 50:: 58% 150 - 50 57 58 ,ft * 152 3% 3% 3% 3% 3% 9% 9% 9% 9% 9% 3% 3% 3 3% 3% 23% 24% 3% 31/4 24 241% ft : 7% *71/4 8 *7% 8 *7% 107% 108 107% 108 107% 35 % 35% 101 101 2% *35 .36 *36 'ft 102 *101 23% Dec Jan 173 Jan 15 143 Mar 192 114 Jan 14 108 Mar 116% Sep .! 12 Jan 29 5 54 Jan 20 39 Apr 52% Jan 5 51% Jan 28 39 Apr 53 Jan 2 11% Jan 29 9% Dec 14 Jan 6 Jan 2 Jan 2 Jan 19 Jan 6 Jan 14 91% Jan 6 85 % Apr 96 81/4 Jan 16 4% Jan 87/8 100 Apr 110% 8 ft Apr 17 Va 2d preferred— Pacific Finance Corp Pacific Gas 1,500 Pacific Ltg Corp———No Pacific Mills No a 3% 3% 25 Electric——., & — Pacific Telep 6% 28,000 25% 25 27,100 *7% 8 107% Pan 460 2%, 2% 2% 36% 37% 37 »/8 300 105 *101 161/2 16% 116% 116% 113% 114% 113 114% 114% 115% 19% 19% *16% 19% 117 •>11.5 4 % 800 3,900 .ft.J No par Corp——_5 Transp 5 & 1st 1st 26 37/a Jan 36 6 Jan Jan Jan 2 2 2 8 Apr 1 Jan 29 20 Jan * 11 Jan 10 Jan 31% 13 21 Sep Dec Mar Dec Oct Feb 34 Sep 10% Jan 6% Apr 12% Dec Jan 30% 17 ft 26 5% Jan 3% Jan 7% 13% Jan 29 37% Jan 38 - 2% Jan 6% Dec Jan ' 80% Jam 22 59 Jan 79 Jan 4 Jan 29 17% Jan 15 5. Apr 4% Jun 11% Mar ■ 17% Dec 27/e Jan 5 30% Jan 29 46 Jan 22 42 Jun 48 58% Jan 27 43% Apr 57% Dec 87/a Jan 142 22 12 , 132 Mar . X16% Apr 143% Sep 27% Dec Mar ,—No Inc— Pictures par 29 7% Jan 21 26% Jan 22 157/8 Jan 29 5 25% Jan 26 15% 33 •/ Jan 19 Jan 4 2 Jan 16 22% Apr 22% Jan 29 13% Jan 19 Oct 93 Jan 21 74 Apr 101 Jan 152 Jan 26 121 Apr 148% Nov Jan 25 Jan 5 Jan 2 Jan 4 Jan 2 Jan 20 Jan 16 Jan 2 . 17 % Jan 22 36 4 % 16 Apr Apr 9%/ Apr 7 ■ 6% Oct 25% 16 Apr 24% Nov 34 Nov 3V2 Jan 22 1 % Mar 4 29 5% Jan 9 3% Jan 14 iy8 Jan 3 Oct 26% Jan 4 11% Apr 27 Dec 7% Jan 16 6% Dec 8% 9 101 Sep 106% 28 1 Jan 2% 37% Jan 6 Jan Nov 10% Jan Jan 109 102 Jan 28 Nov Oct Jan Dec 90 Oct Apr 38 Dec Mar 20% 101 Nov 2 11% Apr 17% Oct 116% Jan 29 100% Apr 123% Oct 14% Oct 16 7/s Jan 12 11 112% Jan 25 Oct 21 2% Jan 109 .■-." ft Oct Jan 2 Jan 15% Jan 1 —100 preferred called—:.. 8% Jan 5 2 100 Inc-; preferred- 6% Mar 2 6% Jan 35% Jan 12 100 Jan 22 Pipe Line Co_100 ——1 preferred conv 6% , Cos Paramount 31,500 . 1 Car Petrol Parafflne 28 15 91 % 148 3% ; 9 2% 23% 7% 105% Panhandle Prod & Ref 16,200 ft ft . American Airways Pan-Amer Jan 37% Jan 16% * Jan Nov 23 % Jan ., Oil Corp———10 Panhandle East'n 60 16% ft Nov 23% Jan 5 14% Jan 13 13 Jan 27 —100. -100 & Teleg preferred—; Packard Motor . 400 107% 102 11% 7% Jan ; par (Cal) Pacific Western ft 6% Mar 28 Jan 46 Jan 54% Jan par 4,600 140 Jan 111 142 Jan 5 28% Jan 15 No par No par —10 Pacific Tin Consol'd Corp *16% 113 1st preferred—- 2,000 116% 16% Apr 5 37/8 69 3% 15% 8 2,000 . ' -10 Co__——v. 8,400 116 16% : Coast 3% 114 16% • 150 114 16% 15% ft,i";. par 2,900 1 92% 115 16% 113 112% 2% 2% 25 24% Jan 5 ft/.'ft/'/ ftft-ft^vft'ftft-;' :'7ftp Pacific 310 115 161/4 15% 113 114% 2% 36 *101% *100 16 15% *110% 2% Jan 11% Jan 13 29 % Jan' 6 -12.50 Co— 10% 108 *35 Glass No 3% 8 107-/4 2% Oct 30% 2 1' L100v —5 - 10% 3% 7% ft- preferred ft. 25% 107 V2 36 % Jun 8% Jan 100 ft ft 3% 7% 2% Jan 19 7 31 ft"; Pacific Amer Fisheries Inc 190 152 *152 10 107% *35 ; 25 92% 91% 152 *7% 2% 6% ■, 25 24% *107% *2 Sep 13 29 Jan 91% 7% 107 15% 36 x3% 2.50 ftft Oft ft Oweni-Illinpii 330 22% ft 9'A 23% 7% 6% 35% 3% 2% 3/« Jan -231/e Jan 4 9% Jan 50 Outboard Marine It Mfg Outlet Co 2,000 21% 91% " Jan 487/a Jan No par 8% ft 35'/4 152% 241/4 8 21%, 9% 23% 7% 35 3% 24% Telegraph-- Otis Elevator—— 4,600 ■ft 21 *151 25 49 % Jan • No par , 35 92 J an 9% Jan "113 par 8% preferred A— Oppenheim Collins..——- 30% ' 30% *45 25% ■ft Jan 162% Jan LlOO —10 Air Lines— ft 6% 25% *150% 24% 23 100 preferred—— 1,100 300 25% 25% 3% 5 4,900 25'% 9% 1 Jan % 2ft Feb n oa 1 7,400 , 15% 3% 3»/4 % 105 4 Oliver Farm Equip—. —No par Omnibus Corp (The)— —8 17 21% 152 Jan Ohio Oil Co—————No par 17% ' 17% 17% 150 16% 152% 152 38 1 Norwich Pharmacal Co__ 1,000 ft ' 5 15% 3% 152 19 — 830 16% *8% *150% % Jan preferred series 50 5%% preferred series———50 25,500 15 *16 35 92 93 2 35,600 13% 20% : A Jan No : 13 25% 21% 24% 16% 35 35 21 25% 24% 13 25% *35 71/4 71/8 *16 13 *20% 6% 24% 7 25% *10% 13 *10% 13 7% 8 25 17% 16% 17% 17% *10% 6% 25 25 26 *24% 7% 7% *7 .7% *7% V 8 *7% 8 100 7 14 ■ft , 54 Northwest 77% 4% 58% Dec Feb 110 109 Dec No par - 5% : 76% 4% *45 58 Dec May 23% 101 50 —100 ft : 36% 35% 75% *29% 57% 60% 80 63 % Jan * Norwalk Tire & Rubber—No par Preferred —50 5% 36% 50 Jan 6% Dec 21 Northern Pacific Ry, ; tNor States Pow $5 pfd - "J' 13% 29 157/8 16% 27 800 • 3% 13% 131/4 36% 29 50 Apr 21 Northwestern 12% 17 May 12% Jan 220 12% *145 80% Jan Jan 4 16 39% Jan 17,700 10% f 17% 10% 9 Jan 6 1,400 *9% 150 7% Jan 19 2 28 % Jan ft 10% A% 4 22 ■: *9% 80 5 6% Jan 16% Jan ' *3%" 3% *44 30% *461/4 14% Jan . 35 Jan 16% ' *37 10 *143 19 37%" 16% 16% 36 17% 17% 150 50 57 56% *143 4% 17% Jan 6 % 130 36 *4% Feb 1 112% *111% 34% 80 80 51 Northern Central Ry Co- 34% 5% 5% 29% *46% 48 56% 17%. 17% 147 29% 29 % *29 4% 4% 17% 17% 147 79% 80% *4% 4% 5 Dec North American Aviation 8% 1 33 36 37% 16 100 Ry Co preferred——.— '-Adjust 4% 100 8% 8% 12% 12% 36% 5% 79 80 80 36% 5% 5% 5% 12 34 J/4 12 40% Jan " Y ft 11% 27 12,500 10 9% 31% Jan ' 32 32 12% 111 16% 37% *37 37% 8 7% 110% 110 110% 9% 9% 9% 9% 15% 15% 37 % 3% 32 *110 110% 15% 100 *93 8 Feb 1% Jan 1,000 100 Oct 17% & Jan 20% Jan 500 51 7% 12% Jun _50 North American Co 50,300 12 111% 10% 51% *93 Jun 11% 4 ' 11 10% 6% 11 50 preferred tNorfolk & Western Ry—- »670 - 113% *113% 114% 29 13% Jan par Shipbldg Corp part stk Noblitt-Sparks Indus Inc 100 26 12% Jan 27 —100 N 6,000 23% Feb 19 2 Jan . IN Y Ontario & Western——_100 800 % 22% 52% *110 16% 9% *24% Conv 2,700 ft 2 % 50% 7% *3% *24% *114% 173 114% 22 1% 1% 22% tt % 22% ■ 26 1%' 1% % 21% % 10% 8 *31 1% 1% 22% 50% 8 *37 Aft 52'A 100 110 1 10% *92% *15% iV Iff ' 32% 29% Jan 10% Jan No par non-cum Highest I per shara 11 27 % Jan No par No . IN YNH& Hartford 2,200 52% 10% 10% 7% / % A ■ 50% 100 110 172% *1141/4 0 10% 23% May 1942 100 Corp Dock I per shara 100 preferred.. N Y Lack & West 340 38% 10% 50% 10% 80 38% York Lowest t per shara par N Y & Harlem RR Co_ 120 50% 53 *92 80 *51% 10% 10% *24% 24'% 114% l°0 NYC Omnibus New Year 1 Highest t per thara No par .JVo _ preferred series A 5% 106 *102 38% 37 6% 19 79% 79 York N Y Chic & St. Louis Co 300 7 ■ *17 106 *102 36% A % 22 173 173 114 1% % 22% 24% 24% 171% *50 % *76% 78 105 36 ft 2 *A 22 114 *51% 77% 105 17% *6% % 6 19 *17 19 *17 78 104% 37% 37 ft 2 % 22% *24 19% 104% 38J% % 1% 1% *77% 6% 7 ' % 22 *17 1041% 38% 38% % o 191/4 78 *17% 19% *18% >100 *6% 7% Central 12,900 11% Range Since January . Air Brake-.. New 2,600 35% ft Lowest New York 53,700 11% 29% M Far 1,800 12% 29 Range for Previous YORK STOCK EXCHANGE Sharts share 11% *6% NEW the Week I per I per share $ per thar$ shara Sales Jan. 29 Jan.28 29'% *28 29% 11% I per shara for Friday Thursday Wednesday Jan.23 Monday, February 1, 1943 117 Jan 29 /ft; *16% *16% 19% 19% 1% 1% 1% 1% 27% 27% 27% 28% *16% 16% 16% 16% 1% 1% *1% 2 25% 25% 25% 58% 57% 1% 16% *16 1% 58% 28 16% . 28% 2% 1 25 *57% 28 % 2 25% 24% 25% 24% 59% *571/4 591/4 *57% 81 81% 4 3% 3% 3% 3% 3% 3% 1% 1% 1% 2 2 2 2 37% 38% *38 39 *13% 15% 81 81% 4 37 37 *13% 24% *46% *1% *13% 15% 24% 25 .. *1% 2 31 J/4 ft* 37% *13% 24% 25 *18 *46% 24% 18% 47% *1% 2 32% 32 % *3% 2 *38 38% *13% 14% *18 • 47% *1% 2 32% 31% 16% 16% 24% 25 18% 18% 47% *47% *1% 2 32% 32% 16% 2,400 Parmelee 5,000 Patino Mines & 59% *57% 58% 200 81% 81% 82 3% 4 1,900 Penn 21% 2% 5,100 Penn-Dixle 3% 2% ;.■? 18% 49%'-'' . 49% ft, 2 35% 34% 5% 5% 51/2 5% 5% 5% 38 % 37% 38% 35% 37% 35 35% 35 37 36 37V4 20 19% 20% 19% 19% 19 19% 19% 20 19% 20% 1,770 24% 24% 24 >% 23 24% 241/4 *231/2 5% 24% * 5% *23% 51% . 5% 7% 7% 7% 7 5% 5% 5% 5% 5V2 24% 24% 24% 24% 24% 25 24% 24% 24% 40% 41% 41% 41% 41% 42 41% 42i% *41% 74% 74'% 74 75 75 75 15 15 15 15% 15 15% 5%. 24% ft *23% ■». 7% 5% 7% 5% 5% ' 7% 7% 6% *5% 5% , , 24% *5% 7 6% *6% 5% 24% 41% 25 24% 42 790 • 79 79 *106% *108% 79% 108 *106% 111 *108% 44% *3% *67 19% *98% *70 78 19% *19% 20% *981% 109 4% 41% 41 5% 5 *5% • 60% 61 *9 9% 4% 40 41% 61 61 *98% 4% 5 *78 21 109 4% 4% *4% 9% 4% ■ 78 40% *60 45% 4% *4 4% 8% *80>/4 82 45% 45 45 111 8% *78 J/4 82 *106% 111 *8 8% *8 *79 80% 80% 108 9% 9% *76 14% 81 *79 *106% 107% 111 *110 8% *8 *80% 82 45% 44% 4% *3% *70 80 20% 21% *98% 108 4% *4% 40% 39% 5% 5% *60 60% *9% 9% 75% 75%-ft 14% 14% 15 81 80% 108 *106% 111 8% *110 *8 - 80% .ft 76 15% 80% v 108 *1067% *110 111 8% 80% 80% 80% 44'/2 45% 111 4 4% 109 4% 40 5% 61 9% *3% *78 20% *981/2 4% 80 109 4%' *4 4% 38% 39% 38% *5% 5% 5% 9% ■ ;• 61 61 163 *145 163 *158 166 *152 166 *152 166 *173 180 *173 180 *173 180 *173 180 *173 180 ■•' 4% 4% *152 - , ft 9% •' 4% 4% 4% 4% 5% : 4% 5 4% 51/4 5% *5% 5% *58% 60 Va *58% 60% 26% 26% 26% 27% 26% 27% 26% 26% 69% 68 68 69% 69% 68% 70 8% 8% *5 *68 *8% *152% *1% _ 8% *8% 8% 5% 60 , *152% 1% 1% "2 1% 34 *32 *22% 24 *18 4% 18% 7 *7 25% ■50% *120 12 76 Va 18% i8ya ' - 100 preferred—_—-—--—-100 800 " 'ft No par No par $5 conv preferred 130 27% For 2 *1% 19% 16% 16% 16% 16% 16% 5 19 18% *18% 5 V* 5% 5% 18 18 18% 7% 7 7% 7 7% *7 7% *7 *26 26% 12% 12% 76% 76% 89 110% ♦115% 27% footnotes 27% see 50% *120 12% . 77% 89% 101 % 110% 50 % 112 77% 12% 76% 88% 89% 88% 102 y4 100% 112% 118% page 76% 12% 50% *120 101% 102 CS1 12% 51 124 25% £ 451. *115% 27% 112% 118% 28 112 *115% 27% 25% 50% 124 13% 77% 89 % 101 112% 118% 28 *25% 50% 121% 13% 77% 88% 101 112% 1% 16% 19% 17 , 18% 5% 19% 7% 26 50% 51% 13% 13% 78 ' 89% 77 ¥2 88% 78 89 Postal Teleg Inc 112% 113 27% 28% *115% 28 5% & pfd (ser of Feb 1 '29) 870 t7% 8% ' • 14,000 1 —5 50 2d preferred Gamble— of N J t$5 preferred t6% preferred 117 Mr'. 28% ' conv 450 113 Dec preferred preferred Pub Ser El & Gas Pullman Inc —: pfd $5 No par 100 No par No par 100 100 .100 15 28 387/8 Jan 25 14 Va Jan 22. Li- , 24 6% 5% .. 23% 37 68% 13% 78% , Jan Jan Jan Jan Jan Jan Jan Jan Jan Jan Jan 2 Jan 14 Jan 5 Jan 44 Jan 11 May 15 Aug May 187/8 Apr Nov 16% July 231/a Jan 36 Apr 47% Jan 2% 7/a Jan 18 Jan Jan 37/8 Jan 4 8 5 34% Jan 6 5 Jan 25 59 Jan 14 9% Jan 4 Jan 9 Jan 21 15 35% Jan 29 Jan 16 4 44% Jan 18 36 Apr 227/8 Jan 18 18 May 29% Jan Jan 4 Jun 27% Jan 7% Jan 27 4 Apr 6% 5% Jan 19 5 Mar 25% Jan 18 22 Dec 32% 42 Jan 29 28% Apr 40% Jan 76 Jan .29 49 6 , 25 15% Mar 19% Jun 7% Jan 150Jan 1% Jan 29 % Jan 20 Jan 14 % Jan 2 Jan 18 Jan 7 76% Jan Jun Xl4% Dec Apr 111 Jan 26 9 Jan 6 84 May 103 Jun 6% May Dec 107% Mar 110 NOV 9 Jan Jan 15 65 May 80 Oct 5 30 Apr 46 Dec 4% Jan 26 1% Jan 29 43 21 % Jan 16 15% Jan 4% Jan 23 Feb 3% Dec 8 80 102 3 May 65 Nov Jan 19% Oct May 47/8 Sep 26% 41% Jan 23 5% Jan 29 Jan 25 56% Dec 68 9% Jan 29 7% Apr 10% Nov 61 Apr 4% July 170 Jan j9 165 175 Jan 21 165 ' 4% Jan 29 3% 29 4 38% Oct 6 % Jan Jan Feb 165 Feb May 175 Feb Dec May 5% Jan 6% Jan Jan 18 47% Apr 62 Oct 27 % Jan 25 20 Jun 33% Jan 71 Jan 29 58 Jun 70 Feb 8% Jan 28 60 150% Jan 4 2% Jan 6% 153 Jun July 107/8 153 Jan July 5 11 34 Jan 30 Jan 5 17 Jan 29 11% Jun 14% 187/b Jan 29 15% 20 18% Oct 3% May 5% Jan Jan 29 9% Jan 5% Jun 8% 6% July Jun 8% Jan 29% Jan 22 7 % Jan 29 Jan 15 22% 4 51% Jan 29 42 Feb 12 Jan 6 Jan 20 Jan 2 Jan 4 109% Jan 18 121% Jan 28 115 Feb 13% Jan 28 26 Jan Jun 28 5% Jan 7% Jan 9% Jun 21 52% 122 Sep Jan Oct Oct 14% Jan Mar 86% Jan 9 73 % Mar X99 % Jan 102% Jan 22 79y8 Mar 111 Jan 99 Mar 123 Jan 111% Mar 11% 75% 857/8 96% 116 Oct 79 Va Jan ,90 113 Jan Jan 11 29 — . 26% Jan 79 46% Jan 6 No par Jan Apr 5 No par Dec Jan 7% 6% Jan 14 24% Jan 4 Jan 6 55% 6% Jan 119 51% Feb 4 17% Jan 48% Jan Oct Jan 29 4% Jan 13 597/8 Jan 5 24 Jan 13 4 2 4 8 29 28 7% Dec Jan 5% Jan Jan 30 157/8 Jan 82 4 Jan Dec Jan 2 98 109% Jan 7 8 Jan 29 79% Jan 5 44 Jan 20 3% Jan 16 108% Feb 12 — 66 Sep 2 Jun 1% 29 18% Jan 49% Jan 2 4 Jan 32 25% 46% Jatf 28% 5% 35 19 Oct Jan 25% Jan 29 9 15 6 6 27 27 18 4 12 8 4 1% NOV 104 4% Jan 2Vb Jan 23% Jan,' 2 18% Jan 13 4 preferred—No par 860 • 101% 82 18 1st preferred-. Pub Serv Corp 860 , 101 117% 5% conv Procter 10 "r *115% 5% 20,500 , 101'/a 56% May No par Pressed Steel Car Co Inc— 5,500 ft 13%' 125 18 No par Si Co class B Poor 400 26 *120% —5 Pocahontas Creek Pond 300 ' 1 preferred 100 preferred..——100 5,800 7%' 7% 51 A B 6,900 7 7% 121% (The). New 4,600 20 7 26% No par —100 5% ..100 5%% 1st ser conv pr pfd 100 Pittsburgh & West Va —_100 Pitts Young A; Ash Ry 7% pfd—100 preferred class B preferred class A- Class 500 ' Dec 82 % Jan 4 Plymouth Oil Co 3,100 5% 60 No par Class 70 20 ' Apr 170 Pittston Co 1,500 21% 18% 18% 4% . 29% *19 *18% 7 124 1% 20 700 —ft 29% 2% 31 20 18% 8%' *153% 31 18% 26 8% 8% 32 *7 •120 760 180 21 7% 50% 50% 27 71 44 175 7 % 80 26 25 -100 preferred—- 1% Pittsburgh Steel Co 2,200 60 58% Jan Pittsburgh Forgings Co— 1 Pitts Ft Way & Chic Ry Co—100 Pitts Screw St Bolt- 5,200 ; 5% 5% •' • ■ 70 21 4% ; 69 31 *18 47/a ft;' 25% 22% 7% 26 25% *115%, 118% 8% • 4%' 60 *153% 7 7 %* 102 110% 2 69 *7 7'/a 89% 89 102 2 *24% 5% 60 32% 16% 18% 4% 4% 124 16% *18 18% 8% 5% *58% 32 33% 24 16 8% 60 4% 4% *22 *31 16 *58% *153 % *153% *22 15% 60 4% * 180 12 18 102 — Pitts Coke & Iron Corp-., 600 ft 166 ■/'¥' 29% 70 - ' *173 1% Jan -100 6% 3,400 ft ' 61 9% 9% *145 ft • 5% No par 100 Pittsburgh Coal of Pa„— 2,200 39%' 100 ft— preferred Preferred 1,100 *98% 109 series 17% Mar Mar Pillsbury Flour Mills —25 Pitts C C & St Louis Ry Co——100 10 20 4% *60% 100 20 —100 series Phillips Petroleum ——No par Pnoenix Hosiery——— —5 7,900 80 ft , 20% % % 1°fe 10 45% par 5 Phillips Jones Corp— 300 82 *3% ft 4% 80 100 1 8 44% 20% 1,200 Preferred 4%% *80% 45% 9,700 108 8 82 80 160 76 15% 77 13'% Aug 15 Dec 80 Jan 11 3 % Jan 6 1% Jan 6 33% Jan 4 ,13% ,Jah 6 No par Co— 8 2% Jan Jan 2% Jan 13% 5 Jan 12 57% Jan No par Corp of America Brewing 16% Jan ft 17 29% 26% Jan 21 1% Jan 23 par Phelphs-Dodge Corp-—25 fPhiladelphia Co 6% preferred—50 $6 preferred No par Philco Corp 3 Philip Morris & Co Ltd——10 12,400 s 7 16 ft No par Pfeiffer 500 ' Jan -1 —100 —100 ..100 Petroleum 5,900 ■ ft'"' 42 ■ < No — 200 5%' Apr Pet Milk Co 2,250 19% Corp Cement — 3,100 37%. Jan 19% Pepsi-Cola Co— Pere Marquette Ry Co— 5% prior preferred 5% preferred-- 46,300 ■' 1 % 5 Peoples Drug Stores Inc——5 Peoples G L & C C (Chic)—100 JPeoria & Eastern Ry Co— 100 100 900 49% *1% 2 34% 19,400 18% *18 v . 25% 25 21 29 % Jan No par 10 Co Coke St 1% Jan 7 Penn .G1 Sand Corp— —-No par 5 % preferred —; -100 Pennsylvania RR—i— —50 . . *106% ft Coal -No $7 conv pref ser A— 900 14% *141/4 14%,p 25 Enterprises Ford——. & 2 27% Jan No par —10 Transportation Penney (J C) 3,000 38% 38% 38% Penick 1% Jan par ——2.50 Parker Rust Proof Co.. 800 , 2% 25% 2 17% Jan 22 17% Jan 22 1 —No Co & Davis 24% ft. 2 25 *106% *106% *106% 25 18% 47 47 82 47 *18 18% 31% 31 15% 81% *106% *106% *18% 81 «/4 81 Parke —1 Park Utah Consol Mines— 4,100 1% 28% 81 *1% 5,800 28% 1% 28% *16 —! Inc. 1% 1% 1% Tilford & 19% 1% 16% % Park *16% ft 28% 1% 28 25% *57% 1% *16% 2 28% Jan 29 62 20% July 28% Nov Volume the commercial a financial chronicle Number 4147 157 NEW YORK STOCK t per share t per Jan. 27 f per share 11 % 11%' share STOCKS Wednesday Jan.26 $ per share Jan. 25 Jan. 23 11% Tuesday Monday Saturday 12 11% 106 105% RECORD HIGH 8ALE PRICES LOW AND 11% 12 Thursday Sales Jan. 29 S per share S NEW the Week per share 29,700 12% 12% 12% 105% Oil Pure 105% 105 % 105'a 105% 500 6% 95 95 95 95% 95 95% *94% 95% 94% 95 1,300 5% 14% 14% 14% 14% 14% 14% 14%; 14% 14 % 14 % 14% 14% 2,600 12 11% 11% 12 12 *1134 12% 12% 12% IO O O 105% 105% Range Since January Lowest Par 94% *104% Range STOCK YORK EXCHANGE Shares 11% 12 for Friday Jan. 28 "94% •104'/a' 106 449 (The) < per No par preferred preferred u Jan 14 12% Jan 100 105 7 28 Jan 20 106% Jan 2 95'a Jan 26 13% Jan 2 14% Jan 10 10 ¥4 Jan 4 47/a Jan 2 Highest t per share Apr 11% 90% May 6 92 % Jan No par Purity Bakeries share per 100 , conv 1942 Lowest S per share share for Previous Year I Highest Dec 106% Dec Jun 92% Dec 22 9% Mar 14% Nov 12 ¥4 Jan 29 8 ¥4 Mar 103/4 Get 6 ¥4 Jan 29 80% Q *11% *11% 12 Quaker State Oil Ref Corp R 57/a 6 62 61% *85 *55 3% 3¥a *21 ¥2 100 60 V4 *553/4 60 ¥4 21% 217/8 213/4 3¥4 3% *55 ¥2 60 57/a 62% *86 37/a 21 % 37/a *3% 6 62 5% 62 ¥0 100 *86 100 *85 100 62% 62% 62 6 5¥a 6 57/a *61 ¥2 217% 12 ¥4 12 ¥4 12 ¥a 12 ¥2 12¥a 28 Vb 28 ¥a *28 ¥2 29 ¥4 *28 ¥2 •143% 15 ¥4 ♦15 15% 217/s 12¥s 123% *86 *55 13 30 14% 28 28 28% 28 ¥4 223/4 *3 23 23 23% * 6 ¥2 *23 143/4 75 *70 , 6% 12 ¥2 preferred Raybestos Manhattan Rayonier Inc $3 preferred Reading Company 2,600 13 6,300 ' .500 29 ¥2/• 21 ¥2 *19% 21 6 ¥2 6 3/a 23 23 ¥a 500 33/4 1,807 21 21 *33), 80 21 6% 6% 200 *23% 3 ¥4 *70 6 % 'ft 23 ft 80 * 2,000 28% *70 6% 1 1 *28 *3% 3% 15% 15 ¥4 28 ¥4 *19 Va 80 19 ¥a i — No par 1 Radio-Keith-Orpheum 2,300 22 y« -ft: 29¥2 15 ¥4 • *28 23% 3% 3% *6¥a 21 6 Va 3 % 3% 75 75 *20 ' 23 3% 3 ¥2 *70 * 28% *27 59 $5 preferred B ' 28 ¥4 22% - 60% 22 ¥4 ■ ft:'- 12% 30 14¥a -1' 15 No par Corp of Amer $3.50 conv 1st preferred—No par 1,500 ft •' • • 3% *56 22 12% 15 Radio 76,600 63 100 3% 60% 30 ' *27 *86 3% 22 *29 ¥4 6% 57/a 62% 100 33/4 22 29 • ■ ' 3¥4 60 ¥4 *56 6 62% *70 *6% 4% Silk Jan — - 2¥2 Mar 29 5 Dec 46¥2 Mar 59¥8 88 Apr 90 2 • . Apr 3% Dec Dec Dec 3 % Jan 2 4 Jan 6 54 ¥4 Jan 7 58 Jan 22 34-% Jun 54% Dec 21 Jan 2 •22% Jan 29 15% Jan 22 Dec Jun 12 11% Jan 7 13 Jan 28 7% 26 ¥2 Jan 6 30 Jan 28 23 s/8 14 3/a Jan 2 15 ¥2 Jan 15 11 ¥2 26¥a Jan 20 28% Jan _50 Dec July 26 ¥4 Feb Apr 15% Nov 27 23¥4 May 28% Nov 23% Jan 21 20 3 ¥2 Jan 25 22% Jan 22 ,__5 3 Va Jan 14 100 66% Jan 8 75 Jan 1st pfd—^—100 20 Jan 8 22 ^No par 6 Jan 5 4 14% Jan 25 10¥4 Mar 16 Dec 20 13% Jan 2 7¥a May 13 Dec _. Reis Reliable Stores (Robt) 63 ft. 50 50 Hosiery Preferred 4 25 2d preferred Real 500 6¥4 No par 1 1st preferred 120 22 21% 6 ¥2 4 % 20 80 100 conv Jan ■ <fc Co Corp.— 23% Jan Sep 3% May 1% Nov 25 39 Jan 70 Dec Jan 29 11 Apr 22 Dec 6 ¥2 Jan 26 6 Dec Feb 7 ¥2 " *13¥4 14 ¥4 143/a 14% 14% 14 ¥4 14% 14 ¥4 *14 ¥4 14 ¥a 14¥a 143/a 500 Reliance Mfg Co 12 Vb 12 ¥4 12% 12 ¥4 12% 12% 12 ¥a 12% 12% 1234 12% 123/a 3,400 Remington-Rand * 46 46 46 15 Va 15 ¥4 15% *96 ¥4 98 ¥2 76 *75 76 ¥4 88 68 3/a 69 ¥4 8% 84% 7% 7¥a 27 ¥2 27 ¥a *34% 37 ¥2 27 *34¥a 69 ¥4 *683% 69 ¥t *683/8 69 ' 12 3/8 8% 6¥2 *34% 35% 8¥a 8% 8 86 ¥2 87 7¥4 7% 7% 7% 7% 7,100 Reynolds ■ 27% 26 ¥a 27 ¥4 26% 27% 8,700 Reynolds (R J) 34% 35 35 *35 37% 30 8 8% 97/a 97/a 6 ¥4 6% 8 8 8 8 8 7 ¥2 8 9% 9% 9¥a 9 ¥2 *9% 6¥a 6 ¥4 5¥4 5 ¥4 *6 21% 215% 213/4 12 3/B 2l¥4 2134 12% 12% 12% ¥2 8% . ,' ft/ 10 6% 12 ¥4 ; ft 21 ¥2" 21% 12 ¥4 *44 ¥2 8% 87 ft 5% % 133,8 Sep 14 Jan 2 15% Jan 29 95 ¥2 Jan 6 96 ¥2 Jan 73 ¥2 Jan 4 76 Jan 19 7 Jan 22 88 % Jan 22 78 ¥2 July 100 64% Jan 7 69¥4Jan 25 54 7 ¥4 Jan 80 2 8¥e Jan 87 7 Jan 4 7% Jan 25 ¥4 Jan 2 28%'Jan 18 10 34¥a Jan 27 37 Jan 18 7 ¥2 Jan 7 8 ¥4 Jan 9 8 97/a Jan 6 ¥4 Jan 26 1,000 Ruberoid 2,200 Rustless Iron & Steel Corp No par Co (The) No par l Jan Jan Oct 73/8 1293/8 Mar Jan 74 May 8% Jan Jan Apr 85% 5% Oct Apr 27% Jan 313/4 Nov 54 Jan 6¥a Apr 63/a Apr 9 3/a Nov 3% Jan 6 ¥4 Nov x20 29 55% Jan •2 Corp Mfg No par Antelope Copper Mines Jan 19 863/4 35/a Mar 29 Ritter Dental Roan 800 Dec 100 ¥2 Mar 6 ¥4 May 26 Dec Nov 5% Jun 75% 28 5 ¥2 Jan 10 Tob class B 4 ¥» 15 Jan 1 100 1,200 ft: Jun 6 No par 71 ¥2 49 Dec 70 13 12¥4 12% x94¥2 9 5% Jan __ Richfield Oil 3,100 Jun Mar 85 ¥2 Jan Spring— Common Jan 2% X55 100 preferred conv 38% 29 No par Reynolds Metals Co 210 / 23 21 ¥4 .'ft 21% 12 ¥1 2,200 ft 87 11 Jan 5% Jan 100 preferred 5%% preferred 30 ft" /• 73 ¥2 Jan 46 2 100 _ 7% 86% *85 9% ftft 6 69 4 4 4 ¥4 Jan No par preferred Revere Copper & Brass- 120 69 ¥2 Jan 42 Va Jan 1 prior pfd ser A 34% 27% 37% 69 . 88 conv 27 Va 73/4 27% 6 ¥4 88 conv 6% 7% 8% 8% 85% 7% , ft/: / 6 % ftft; 400 ft; 3,500 Jan 25 Republic Steel Corp 21,700 ft 74 ¥4, 14 Vb Jan 12 100 Rensselaer & Sara RR Co Reo Motors v t c 98% 74 ¥4 63/4 250 1,600 15% *97 88 12 ¥a 21 ¥4 21% *12 6 ¥2 *873/4 *21% V " 7434 88 85% 8 6 7434 1 Preferred with warrants i; > 5% 15% ft 98% ft. *97 6¥a ft/ft '•ft 5 15 14% 15% *5% 9 3/8 *5 ¥2 46 *9¥a 8 *9¥a *68¥a 8% 74 ¥2 *45 Va 5 *873/4 84% "'. .ft 7 ¥4 8 ¥2 84 ¥2 7 ¥4 *74 45 % 5 Y. 75 *6% 6% 74 ¥2 45% '< 98 ¥2 75 ■ • " 88 27 Va 8% 84 ¥2 8 6% 88 68 3% 14% 75¥4 *97 98 ¥2 ■" *75 88 88 *68 3,8 15 3/a *97 , 6% 6 3% 6% 47/a 15% 15 3/a 98 ¥2 *743/4 63/4 45% 4% *73% 74% 45 ¥2 4% 74% *44 *96 ¥2 88 *73 ¥2 45% *73 4% 4% 43/4 4% *4¥4 74% : 46 *73 74% *73 ¥8 10 _ 1 ft"' Jan 9 16 Feb 21% Dec 7 May 13% Nov 34¥2 May 47% Nov 20 ¥2 Jan 7 22% Jan 18 1T% Jan 6 123/4 Jan 29 43 Jan 4 46 Jan 11 31% Jan 26 23 ' *44 45 *44 45 *44 44% 45 31 31 31% 45 *44 ¥2 45 20 45 $2.50 preferred conv No par S 30 30% 30% 30% 31 30 ¥2 31 31 31% St 2,700 10 28 ¥4 Jan 2 34% Jan 100 A Jan 6 ftc Jan 16 A Jan A Nov 100 Joseph Lead ¥2 Jan 2 1% Jan 22 ¥s Jan lVa Sep 7% Sep May ' A "A "l* 1 74 '""ft' ft 1 A. ft ¥a 7/a 5 * ft % % * Va ft' 3/a iif 1 4% 4% *4% 5 *4% 5 *4% 5 *4¥4 ft 5 7% *7'/a 7% *7% 7% *7% 7 ¥2 *7% 35 ¥4 36% 35% 36 ¥4 107% 1077/a '107 ¥2 107% 36 36 36 107% 107% 107% 36 ; . ft Y ft ft Y'ftft. 5 36 ¥4 107 ¥4 107% 10 3a 10 ¥8 107/a 10% 103/4 103/4 103/4 10% 10% 22 % 22 % 22% 21% 22 22 22 ¥4 22 ¥4 2 2 ¥4 97 % 97% 97% 97% 97'a *96¥4 98 98 98 *39% 39% 39% 39% 40 40% 40¥a 40¥8 41% 42 *112% 114 ¥4 *113% 114% 113% 113% 113 % 113 ¥2 *113 ¥2 115 107% 107% *107 ¥4 108% 108% 108% 109 1093,4 *10934 110 ¥2 10% 21% 97 ¥2 :> . 14 % ¥a ¥b % % 3/a % 1% 1% 1% 1% 1% 1% 1 % 1% 9% 9% i 9 9 *32% .17% 1 623/a 11% 11% 10 ¥4 10 ¥2 11 *59 ¥4 59 ¥2 59 ¥2 60%.ft; 11 VB 10 10¥a >59% 59% 59% 59 9 69 33% 18% v.. 6% ; *32% ;■*; 18% 3% 3 17 ¥8 ; 66% 17% 17% 17% *66 ¥2 6¥8 6% ,;;i7% ¥2; ;ft/ 9 Va ft- 6¥8 33 ¥4 33 ¥4 *32 ¥4 19 ¥a ft"? 183/4 3 17% 17% 3 Yft 17 ¥4 ;.ft 17% 3 1% *1% 1% *1% 1% *1% 1% 24% 24% ft. 25% 25 3a *24% 25 ¥4 *24s/a 30 s/8 30 ¥b 30% 307/e 29s/a 29 ¥a 30 /ft"1.'- ft 7 7 13,100 3,400 210 18% 17% 3 *25 Roebuck & ft ft Co__ 7 108 ¥2 Jan 18 Jun 110 Jan 10 Vb Jan 2 11 ¥8 Jan 19 x9¥e Dec 19 ¥2 Jan 193A Jan 22 ¥4 Jan 26 12 3A Apr 21% Dec 98 Jan 28 78 Jan 9 42 Jan par 113¥2 Jan 26 114 Jan 107 3/4 Jan 23 110 104 28 par Jan 98 Oct 25 ¥2 Apr 39 Dec 4 109 ¥2 Aug 116 Jan Jan 29 106 ¥2 Jan 2 22 ¥e Jun 2 1% Jan 22 Va Dec 1 Va Sep 4 19¥2 Jan 29 10 ¥2 Apr 17 ¥a Dec 8 2 ¥2 Jan 15 13/4 Dec 16 ¥4 Jan 2 May Vb Jan A Jan ¥a Jan par No 63 43 ¥2 May 113 ¥4 Dec ft Feb 33/a Mar par 59% Jan 12 Jan 26 1 10 Vb Jan 13 11 ¥2 Jan 29 4% Jan 11% Dec par 9 Jan 7 11 Jan 29 8 Apr 10 ¥2 Nov No par 54 Jan 4 60 % Jan 29 52 Dec 60 Jan . 4 47/a Apr 18 547/a Apr 62% Nov 85/a Jan 20 93A Jan 643/4 Jan 7 X66¥2 Jan 53A Jan 8 No par 31 ¥2 Jan 4 33% Jan 19 30 ¥4 May 35 15 (W A) par No par No par 173A Jan 14 19 ¥2 Jan 29 10 ¥a Apr 18 3/4 Dec 5 23A Jan 5 3% Jan 25 2¥a Jun 4¥a Jan No par 16 V8 Jan 2 183A Jan 29 4 1% Jan 28 Va Apr 2 11 253/4 Jan 26 20 3A Aug 32¥8 Jan 29 193/e Apr No „ pref ser A Pen Co Oil Silver King Coalition Mines Simmons Co— Simms 200 Simonds Saw & Steel— /ft ft/ 2,200 '//ft 20 '/ ft-/'-ft. Jan 105 ¥2 Jan No 200 1% 25% ft 44 29 ¥2 No 6,400 " Apr 100 (Frank G) Union 5 5 Sharpe & Dohme Shell 36 ¥2 Jan No par Corp conv 7 38 No $5 conv preferred $3.50 Sep Jan 35 Jan Inc— Sharon Steel Shattuck 10 96 No Seaboard Oil Co of Del— Sears Jan 12 15 Seagrave Corp— Servel Jan 5 No par 2,900 18% 32% y 2 22 par preferred—___. Sheaffer /ft" 7,800 3 Va ' 31 ¥4 ; 19 ¥2 ft: *1% l¥a 257/a 31 2,000 : ft 33% ft *32 ¥4 <• 19 -/.ft/•ft 73ftftft 17% V 1% 25% *30 6%/ft 10,100 V :Y'/ ft 9 Va 9Ve 4,700 ft 200 ft' *66% ft 68 68 6% 185/a ft 19 ft 9 ftft'ft 9 *66 ¥2 69% *32 ¥4 33% >19 3 3 > 9 9% 66% : 30% *1% ft *23% •ft 617/8 11 ¥4 10 ¥4 62¥a 10¥a 10% 6% 17% 3 62% 11 61 ¥4 11% *32 % 33% 17% ;:v: 3 v 61% 63 10% 6% 6% *6 *2 3/s 10% ft 9 // 300 2¥a 62% 9 2,100 2¥8 183/4 11 *66% 70 *66% 19% 18% *2% 23 8¥a Jan 100 preferred- . 47/8 Jan 9 5 Paper Co 4-2% 16 5 $4 preferred {Seaboard Air Line 3,700 Jan 7¥2 Jan 100 ,__No 4 100 preferred $4.50 17,500 1% 2 ¥2 10 59% ftft ' . 18¥a 62 ■ 59 59 59 2% 10% 10% 1 ¥2 Scott 220 3/8 . *2% *18 18% *2% 10 61% 61 10% 2% 2% 2% 18 18% 18 18 60% > 110 3/a . ... 5 ¥a % 60 11334 1% 2% 1,200 110 % 1% 17% 400 113% hi 8,900 42 42 100 preferred Safeway Stores 5 % preferred Savage Arms Corp Schenley Distillers Corp 5,700 • 99 *9734 : 5% 210 10% 21% 10% 21% Francisco preferred— tSt Louis Southwestern 30 3,400 ft Louis-San 6% 40 36% 108 tSt 900 734 .-ft 73/4 36 107 ¥4 108 1 *434 7% 600 % w 1 *7% *35% fl # Petroleum— 10 No par Skelly Oil Co _15 ; l3/8 Jan 21 Jan 28 ¥2 Jan 7 Jan 4 29 ¥4 Mar 11% May 9¥a 66 Dec Nov 7% 17 Nov Aug Dec 1% ,27 30¥4 Dec Nov Oct ' *94 *93 113 97 *112 113 97 *112 ft; -ft ' • 113 17% Y 10¥a 10% ft ft 103/4 11 Y-ft 2% 3 17% *17% 10% 10% 10% 2% 2% 17% 17 "A 21% 22 22 22% *135 ¥2 2% 17 21% 21 % ft,ft- 17¥8 17 ¥8 17% 10% 10 ¥4 10% 2¥s 2% 17% 17% 16 *17% 17 ¥2 ft *16 ¥2 17 17% 17 Va 22 ¥2 22% 23 136 ¥4 " *136% *136 ¥4 137 136% 137 137 21% 22 21% 22 22 22 *11% 11 ¥4 11.; 11 Va 11 llVa 11 Va llVa 11 Va 165/'a 16% 16% 16% 16% 16% 16% 16% 16 ¥a 16 ¥4 16 ¥» 16 3/8 16% 16% 16 ¥4 16% 3634 37¥a 36 3/s 37% 47 47 *46 ¥2 47 ¥2 3% 3 ¥2 38 *22 23 ¥4 *46 3 ¥4 ft; 22 - 22 Va 28% 29 29 Va 29% 35 % 35 ¥4 35% 35% 59 59 59% *58 3 % *2% *36 38 *36 *35 ¥2 36% .27/a *2% 2% 2 3/4 47 3 Va 3 Va 3 37 47 ft' 47 47 * 36% 36% ft; 37 47 /ft' 3% 2% 37 ¥2 213/4 22% 29 29% *34 ¥2 597/8 35% 59% 3 % *58% 3% 3% 39% *35 Va 3534 35% 35% 36 36 *110 ¥4 110% llO'/a 49% *49 ¥2 49% *113 *113 ■ *35 110% *113 2%:-v 13,200 47% 300 29% 110 27/a 30% 59% 303/4 13,200 3% 3% 40 ¥2 *35 35% 35% 35% 500 109 109% 109% 180 *49 ¥2 50 . 3% *113 *109 *49 ¥2 50 — uft • '• 53/a 5 3/8 5 Va 5 ¥4 *104 ¥8 1043/4 % % iff 2% 2 Vb 2% 2% 2% 2% *9% 10% 10% 10 3/8 10% 11 10% 11 3/4 11% 11 3/4 11% 11% llVa 12 11 ¥4 13 12% 133/4 13% 13 ¥4 13% 29-% % .' 2 2 % 2 3/8 2 3/8 5% 53/a *104% 108 108 ¥4 ¥4 -7: 530 200 1 5 ¥8 5 ¥4 5,900 - 50 *113 10434 *104% 20 59% 39% 393/4 . 5% 700 35 *58 ¥2 40 3% 3% 40 110 1043/4 30 1,300 5 5% 100 2% 23% *104 104 Southern Natural 11,900 ■ 40 ft/"/ 35 35 59% 3% 2,700 23% 30% *34 *113 3% *37 *58 ¥2 35% *49 ¥2 50 37% 35 V* 39 % '• Southern 1 5 ¥2 48,300 700 105 105 _— 100 Jan 113% Dec 19 Jan 15 ¥4 July 20 3/4 Jan 15 ¥4 Jan 2 16 Jan 26 15 ¥2 Nov 29 13 ¥4 May Apr 17 Feb 6¥b Mar 10% Dec 1% Mar 2% Jun Apr 153/4 Jan Jun 26 ¥4 11 Jan 15 3 Jan 27 5 16¥a Jan 11 17 ¥1 Jan 26 14 20 ¥2 Jan 2 132 Jan 15 23% Jan 29 17 ¥, 28 122 ¥2 Nov 1443/4 Jan 21V8 Jan 2 22% Jan 12 147/8 Apr 21% Nov 7.50 103A Jan 13 11% Jan 18 9 ¥4 Apr 12% Jan 153A Jan 7 153A Jan 2 35% Jan-ft 9 Jun 18 ¥a Nov 17% Jan 29 12% May 18% Feb 38 ¥a Jan 29 233/4 Jun 39 Oct 47 Jan 23 343/4 Jan 50 ¥2 Mar 3% Jan 28 1% Apr lVa Nov par —100 100 No par 1 preferred No par Spencer Kellogg & Sons No par Sperry Corp (The) Spicer Mfg Co $3 conv preferred A No par 1 No par 2 Inc__ preferred— No par Square D Co _1 preferred Squibb (E R) & Sons $5 pref series A ^Standard Brands 100 conv No par No par No 42 ¥a Jan 12 2¥a Jan 6 23/8 Jan 6 Jan 4 213A Jan 20 24 ¥4 Jan 2 32 ¥4 Jan 18 57 Jan 9 3 Jan 2 35 ¥2 Jan 7 33 Jan 6 109 Jan 28 49 ¥2 Jan 5 33 ftY— 4 ¥a Jan 100¥a Jan 2 7 No par Jan lV2Jan Jan 10 ¥4 Jan 283/s Jan 2 4 5 5 8 par 7,900 23A 2 ¥2 9,700 $4 preferred No par 11% 11% 3,800 $6 cum No par 13% 13,100 $7 cum Standard Gas & El Co prior preferred prior preferred No par 137 17 Jan 16 9 <■ 10 3 Aug 2% Jan 29 37% Jan 28 31 Dec 59 July 24% Jan 20 17 ¥2 Apr 24 Nov Dec 313/a 3% Feb 30% Jan 29 21¥a 35 ¥2 Jan 25 30 Sep 37 Mar 59% Jan 26 49 Mar 60 Jan Jan 3% Jan 18 2 ¥2 Sep 4¥a Jan 41% Jan 18 293% Sep 45% Jan Jan 2 277/a Jun 383/a 110% Jan 26 49% Jan 5 36 Dec 108 5¥2 Jan 26 105 Jan 29 40 ¥2 Apr 109 ¥2 —-—ft No par $4.50 preferred Jan Jan 25 % % ¥b 9 4 No Sparks Withington Spear & Co 5% , 2 No par Ry Conv $4.50 4 2 Mobile & Ohio stk tr ctfs Spiegel 20¥2 Jan 2 ¥4 Jan Co Gas , 16 ¥a Jan Edison preferred $5.50 Apr July No par Southern Pacific Co 25,000 29% 3% 49 ¥2 28,200 17% 38% 28% 39% *49 17 17% 23 ¥4 35/a *110 ¥4 3% 16% Southern California 5% 65 108 100 1,700 ft 15 11 10 ¥a Jan preferred 17% 23 393/8 8% 17 223/4 3% 60 16 ¥4 2234 39% So Porto Rico Sugar • Jan Jan 1 S'eastern Greyhound Lines 16% 2% 3% 1,100 ft ft 99 113 15 South Am Gold & Platinum 7,500 7": 2 6 19 17 Va Jan Socony Vacuum Oil Co Inc 17% . Jan Jan No par 38,500 138 77 111 No par 29,400 11 ¥4 37% 393/4 Smith (A O) Corp Smith & Cor Type v t c Snider Packing Corp 11% *2% 3% No 11% *46 100 par 10 preferred 22 ¥4 37% *34 $6 22 37 ¥2 *2% •36 39% 112 '"'ft;' Sloss Sheffield Steel & Iron 23 ¥4 23 22 % /ft' 3 137 36 400 • 11 22 ft: 700 17 ¥2 2% 22 137 15%, ft' 10% - 3 *21% *135 400 195/a -ft/ 23/4 21% ft ft/ 15% 17% ft *15¥4 16% V 97 112 19% 19% 16% *17% 2% 19% 19% 173/a 16 ft ft *19 ¥a 19 ¥s *15 3a 17 *93 112 97 *15¥4 *19% 15% '■v.. *93 *112 16 19% 15% *19% 153A 97 113 19 s/8 *19% ... *93 113 97 *93 *112 Aug 23/4 114 Jan Feb 49% Jan 113 Jan Apr 5 Jan 89 ¥4 May 110 A Sep 3/4 % Jan 28 Jan V2 Oct 2% Jan 27 Apr 2% Oct 11% Jan 27 5¥a May 11 ¥2 Jan 13% Jan 27 6 Apr 13 ¥4 Jan 30 3/8 Jan 29 % 29 3a 30 29 ¥8 29 ¥a 295/8 30 297/e 30% 30 30% 30,500 Standard Oil of 29 18 Mar 29 ¥4 Dec 28% 28% 28 3/8 29 28¥8 29 28% 28% 28% 28% 28 Vb 29 14,700 Standard Oil of Indiana 25 28¥aJan 12 29% Jan 5 20 Apr 29 Dec 47% 47 3a 47-% 48% 48% 48% 48 48% 48 VB 48% 48% 48 ¥s 27,000 25 46 ¥2 Jan 2 48% Jan 29 30 ¥2 Apr 47 Dec *38% 39% 38 3a 387/a 387/a 39 383a 39 38% 38% 38% 3 8 3A 2,300 Standard Oil of New Jersey Standard Oil of Ohio 37 ¥a Jan 4 39% Jan 25% 25% *25% 26% 26 26 26 26 *25 ¥8 26% *25% 60 ¥a 8% 4% 6% 6% 8% 603a 60% 60% 60% 603/a 8% 61 61 8% 8 3/8 8% 8% 83/8 43a 6% 6 3/8 6% 6 ¥a *52 53% 126% *125 4% 4% 14 14 63/b 53 53 *125 43a 43/4 14 14 5 67/a 17,900 Stone 6% 6¥a 38,600 533/i 800 140 Class A pfd 4% 1% 17% 27¥b *26 ¥4 *4% 24% 6% 54 125 43/4 14 6 3/8 53% *125 6% 53% 125 % 125 4% 4 3a 43/8 13¥4 14% 143/a 2 1% 13a 17% 17% 18 3A 28 *263A 27 3/8 5 *4% 24% 6% *53 24% 5 243/a 53% 125 434 15 *53 125 125 4¥4 143/4 2 2% 18 18 ¥2 18 27% 27 *26% *4% 24 ¥s 5 24% 2'/a 4% 15 page 12¥8 Jan _l 1% Jan 2 —100 14¥s Jan 20 10 26 ¥4 Jan 4 *4% 24% 7 ¥8 Jan 1 (The) No 5,500 Superheater Co 14,400 7,700 27% 700 5 5,500 par —100 No Superior Oil Corp__,,— Superior Steel Corp Sutherland Paper Swift & Co— 53A Jan 5% Jan 48 ¥2 Jan ___100 (The) Co Sweets Co of Amer (The) 4¥» Jan par 1 — cum) Sunshine Mining Co— 2¥a 243/4 60¥a Jan No (4¥2% Jan __10 Webster 6,400 19^ Va & ! see par 2 26 12 2 2 6 6 9 2 2 25 —______5 Corp Studebaker Cbrp Sun Oil Co—ft 6% 25 Stokely Bros & Co Inc_ 6 3.4 63/4 27¥s For footnotes 11,600 7 26% 24% 53/s 6 3/4 16% 24% 5 43A 26% 24% Stewart-Warner 7 17 3/8 *4% 3,500 par No par Sterling Drug Inc— 8 ¥2 5 17 24 2,000 8 % 6% 16% 5 61% 43A 1% *4% ¥a 67/a 125 L S_ 8% 61 5 1% 5 (The) 6% 14 1% 1% Starrett Co 5 533/4 126 % *8% 400 No 61% 4% 4¥4 6% 4% 61 27 Calif __ 12 ¥2 25 124 Jan 3 ¥4 Jan 22 25 ¥» Apr 40 Nov Jan 26 22 3/4 Dec 343/4 Jan 63% Jan 4 42 Apr 62 Dec 8% Jan 22 26 5% Jan 29 Jan 3¥a Mar 4¥a Jan 7 Jan 27 4 Apr 6 3/4 Nov Jan 26 33/4 Jan 6 ¥4 Nov 54 Jan 26 553/4 Jan 127 Jan 4 4% Jan 21 3 Va May 5% Jan Jan 28 11% May 15% Jan 2¥a Jan 28 1 Apr 1% Jan Jan 29 9 ¥4 May 16 y4 Dec 27¥a Jan 21 26% Dec 15 19 43 Apr 116¥8 17 ¥a Apr Feb 3¥a May 2 8% Nov 6% — 22 ¥2 Jan 5¥a 243A Jan 29 20 Sep 128 Dec 4% Aug 25 Jan ■ 451. r-i •'Monday, February 1, 1943 COMME1 COMMERCIAL & FINANCIAL CHRONICLE THE 450 RECORD NEW YORK STOCK Range STOCKS PRICES Wednesday HIGH SALE AND LOW Saturday Mondar Tuesday Jan. 23 Jan. 25 Jan. 2(5 1 V per share shun per t 29'A 29 29 29% 29% 25% 25% 25% 25% 26 29% 2.9 29 % 29 Vai 29% 29 24% 25 25 V# , 25'A 24% 5 Va , 5% 5Va 5% *37V4 39 *37 V4 *3'% 4 37/a 3% 3% 9% *9%. 42% ; ' 43 3% 37'% 37V2 38% 19'% 55 53% 9Va 3% 3% 4 37% 37% 8% 9'A 91/4 9% 9% 7% - 20 'A 20 3 *53% 3 53 - 53 55 35 *34% ' (The) 25% 5 % 5% Nov 5% Jan 25 4 Apr 36/VJan 20 32. Apr 3Vi> Jan 26 1 Va Mar 4 Oct 8% Jan 8 10!; Jan 15 7% May 9% Jan 41% Jan 2 44 Jan 29 42 % Dec 4Va Jan 29 2 3% Nov Jan 25 28 Apr 37% Oct May 8% Dec Apr 8% Dec 30 9Va Jan 29 5 ..1 7% Jan .1 8% Jan 29 !—100 17% Jan 7 21% Jan 28 No par 6% Jan 12 7'% Jan 18 Apr 4Va 2" , 38 5 38% Jan 23 2% Jan 8 Jan 6 25 4 Jan 7 .3 v Jan 53% Jan 4% 1 Jan 5 34%Jan 12 2 4% Jan 2i Jan , 33'% Jan —10 Oct 9% Jail 42 May Jun .3 Nov 2 '/a Nov 24% Sep 34% 14 , Jan 5 52 35 par . 7% ..100 35 Apr 5 preferred.... Dec. Jari 2 —,.i_——1 Co— Nov 9 ' 8% Jan ... ... div conv $3 35 Aug 3% Aug Jan No par Thermoid 29 % 15 V# .10 $3.60 conv preferred—No f 19V4 Mar 27 13 The Pair Pieferrcd 15 3 '/a Jan ... per share 29 36'% Jan i Highest t Jan par Oil-, & 1912 5% Jan No par Sulphur.. Thatcher. Mfg Co— 40 share per Jan 3 _ Texas & Pacific Ry Co. k share 5% Jan 25 35 _5 Texas Pacific Land Trust.... 1,100 100 26 2 ———5 25 Pacific Coal Texas 100 * /. 4%, *34 Va 35 *34 Va 35 *34Va 35 *34 Va ; 35 *34 Va „ 800 2 Va 53 Va 4% 4% *4%; 40 Va 2% 53% 2% 2% *53 4% 4% 4% 4% ! 4 Va 4% 4% *37% 40% *37%-, 3 55 . :: 7',4 30% Jan 9 9 Corp Corp Texas Gulf 6,000 21%'- 7 8 Jan 4% Jan 50 Texas Gulf Produc'g Co.—No . 15,200 8% 8% Texas Co 3,000 6,400 • 9% 20% 71/a 7Va 41 *38 Va 41 . , 8% 20 7 7 7'A • 21% 7% 8 19% 7% 7%i ' *41/4 10,500 38 3 53% ' '/a 3% 37% Tennessee 13,800 44 43% 43% 43Ve 3% 37% 8% Telautograph 1,800 3% *38% 4 *2% 3% 9% 37'A *7 41 *38 3 3% 9% 3% * 38% 3% 9% 37% t 19% 6% 7 *2% *53 , 19% 6% 19% *6% *3% Jan 23 —1 j 5'%% partic preferred—300 43% 43 Corp Talcott Iric (James)—, 200 9% 9% Symington-Gould 39 3% *3% 29 par Syivania Elec Prod's Inc.—No per Previous Lowest i per share t for Year Since January i Highest Lowest Swift International Ltd— I 10,600 *5% *37% 43% 8% l 7% 7'%. 7% 7% ' - *18% 6 39 3%r 8% ' *5% *371/4 Range Par 3,500 1 6,900 5% 37% t. 38 8% 8% 8% 6 39 9% 43 Va. 3% 3% 37 % *5% 3% 9Va1 5% 5% 5% 5% *37'A 39 , 43 'A 42% *3V4 ' . 9% 9% 1 51/4 5% 5% 5% 7 38 *6 *36% ■ STOCK YORK EXCHANGE Shares share per share 24'% 5 I share for ' t per per NEW the Week share per 24 % 5 VB t 8ales Jan. 29 Jan. 2fU Jan. 27 29% 5 Friday Thursday Mar , 52'/a Dec 4% Jan Jan 34% Feb 2Va July 3% Sep Jun 9% Dec 17% July 27'% Jan Jan 41 3% 15 Apr 30 , ' 4 V« 4Va 4 9% *9 9% *27'A, 28 *27 3% 3% 4 *9 9% *8% 9% 27 Va 27 Va 1%; 18% . *3% 9% 18% , IOV4 10% 10% 10% lOVa1 96 96 96%' 96:% 96 97V2 *18 10% 11 11 ll'/a 97 % 97% 97V4 29 42% 29 29 28% 29 Va 28% 29'A 29 29 Va 42% 42% 42% 42% 43 43 4 L% 42 42% *6% 16% 13% 16 13'% 2'/a 2'/a 72%' 72% *72% 2 73% 13% 13% *25% 5% 5'A •7% 7% 44% 25% 7% 7% % 44% 44V4 91/4 81 *114 15% 15% 16V4 83 83 83 V* 83% 84 84 83% 83% 26% *26% 5% 2,800 '■ 1 7% 115 *113 115/-: xl09 Va 110 *109 ■ / 5,600 83% 84 84 84% 2,900 83 »/4 83V4 83% 83 Va 26V4 26 y* 26% 27 30 Va 29% 28% 29% 28% 29% 97 96% 97 97 97 97 18 18 'A 18% 19% 18% 16% 26,400 19 17 900 97 18% * 21% *20 3% 411;, 41%' 27% 68 68 67% 68 Va 67% 103% 103 Va 103 Va 16% 16% lti'hr 16% 3% 3% 3% 3% *103 61 % 109 % 4% 4% 4% 16'A 15% 16 V4 *108 • *109 /: 6 Va 103% 103% 171/8 5Vs 109% *31 31% 30% 31% *30 30% 30 Va 30% *34% 35 34 Va 34% *4 *%. U : 27%'- 27% 26% 1 M 35% / 105 3 105 106 ,- *50 51 51Vj 51'A *64% 66% 66 % 66 Va 67 ■%.' 28% 29% 106%, 106 Va 51 Va 51% 114% X1131/4 113% 113% 23'% 23% 23Vz 114% 22% 23 44 44 44 44 44 44 44 2% 2% 2% 2% lit 13 Ha I 58% 58% 15 14% *14i% *15C% *150% *167% *14% *-•- *60% *150 Va *150% *167 172 *167 170 •'« 44,300 3,200 ' 1,500 f: . ' iif <\ 1 1 ff 37% 17 39 38 »A 17 Va 37% % 601/4 15% *601/4 62 Va 57,100 114 39 |! 167 2,300 • 3,600 3 '.8 60Va *15 61 5,300 1 60'4 15% -62% -1,100 j,' 300 ' 340 39% 40 40% 41 4f :> cl A — 43 42% *42 43 41% *41 42% *41 *41 % *48 53% *50 53% *50 53 *50 56 *50 65 *55 60 *55 65 *55 *55 60 *53% *24 300 42'% 53% 56 *49% 65 *55 60 24'A 24'A 24 Va 24% 24 Va 24 Va *24% 24% 24'% 24 % 600 24-% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3% ,6,100 44% 45 Va 44% 45'A 44'% 44% 43% 441% 44% 44% *30 30% 30 30 *84 91 *131% 133 8 # *7% 8 103% For 24 24 271/a 27% 27% 27% 29% 29% 30 30 30% *81 133. 92 *81 95 133 *133 138 *81 133% 120 24 *28 30% 95 790 24 28 % 1,300 133% 30'% *81 *129'% 30% 700 22'A 22 130 30 27i'a 27'% 27% 8 Va 8 V8 8 V« 8 8'% 4,500 22% 22% 77 Va Apr 2 88 Jan 19 8 10% Jan 29 59 Jan 29 173 Jan 19 175% Jan 4 5% Jan 7 g'A Jan 15 Jan 12 22 Va 22 Va 22 22% 4,000 26% 27 Va 26% 27% 27Va 27% 5,100 7% Jan 5 12 25 13% Jan ' 6 16% Jan 22 7 Jan 16 109% Jan 27 99 Jan 29 Va Jan 13 Jan 21 22 May 29% Jan 8 2 14% 114 Oct Jun 29% Dec 26 % May 30% 32% Dec 1 Mar Apr % Aug Aug 29 13% May 27'A Dec Jan 29 54 Mar 103% Ded 29 37'A Apr 51% Jan Jan 28 58 71 Jan 29 44'A May 55% Jan 67 25 116 Apr 107% Jun 119% 151/2 Apr 39% Mar 24 Jan 46% Jan Jan 3% Jan 29 May 1% % Jan I % Jan 26 Jan 60'A Jan 28 % Apr 34% May 60% Dec 14% Jan • 15 % Jan 14 12 July 15% Nov 1% Jan 56 •V 1 Oct Oct 61 ; 62'/a Jan 150Jan 29 41 May 151 .•..591/4 Jari Jan 11 142 Apr 152% Dec 171 Jan 5 147 Apr 169 Dec % Jan 21 Jan % Jan 29 22 Jan 34% Dec 17% Jan 29 14'A Jun 20% Jan 167% Jan 20 % Jan 5 Jan 7 41 15% Jan 4 Jan 26 Oct . Sales—.—..No par Preferred ...—100 Vadsco ... Tool Raalte Co Inc— Va-Carollna Cheni— —No par 6% div partic preferred—. llOO; Va EI & Pow $6 pref No par Va Iron Coal & Coke 5 °!» pfd 100 31 8% Jan 7 25 % Jan 11 116 Jan 41 Jan' 51 Jan 11 7. 22 10 % 7'A 19 Jan 7 2'A Jan 4 24 21 43 Jan 4 30 May 42 51 Jan 22 50 July Sep 55 Jan 60 Nov 25% Jan 8 25 Jan 4 Jan 18 46% Jari 21 15 117'A Jan 7 20% Jan 14 Jan 14 2 .25 27 29% Jan' 100 80 Jan 100 133 Jan 7 Dec 25 Jan Jan 116 Jan' 111/2 Mar 26 27% Jan 5 39 Jun Mar Sep 117 112% 55 .25 ... Jan 20 16 Preferred Jan 4'A July' 29 13 preferred Sep 34'A Apr 29 29 — 41 Apr 2 Va 21 Jan Jan i 8 112 Jan 24% 51% Jan 13 47'% Jan 34% - 1% Jan 107 4 64% Jan Dec 52% Jan 25'A Jan ' 5 Jan 64 30'/a Jan ; Jan Feb Jan 31% Jan 15 14 Jan : 2 ■ 87 il% 35% Jan 13 Jan ' Feb Jan 22 32 Oct 4Vfl 5% Dec Dec Jan 32 > 6% 4% Jan 108 16% ■' 174% 32% Jan Jan Virginian Ry Co. 106% Jan May 4 40 Sep Feb 4Va Apr 8 4 ' 23% Jan "■ 40'A May 159 Jan 30 preferred.. 6% 64 6'A May Jan 40 ./ 1 5 preferred..——No par Universal-Cyclops Steel Corp——1 Universal Leaf Tob————No par - • 44 Vulcan Detinning Co.... 95 22% 8 8'A 8 - 8 8 21% 21% 21% 21% 21% 21 Va 21% 21% 103% *102% 104% *102% 104% *102% 104% see 120 7% 8 Apr 4 ' *1023a footnotes *1171% 24 28 3.100 45i% Jan Jan 18% May 1 116'A July Dec Jan 2% Jan 40'A Oct 110% May 117V4 Dec 22% 14 Oct 25% Jan 25 Jan 21% Nov 28 Jan 28 24 Apr 31% Jan 31 Jan 22 26 May 29% 8 83% Jan 21 70 Jun 26 133% Jan 28 120 Mar Oct 96'/a Mar 138 Jan Jan 6 8% Jan 29 6% May —No par 19% Jan 5 22% Jan 26 16% May 25 100 System—_—No par Walgreen Co :——No par ■4'%% preferred with warr 100 24V2 Jan 4 27V2 Jan 25 21'A July 30% Jan 7% Jan 5 8 Va Jan 18 Vultee Aircraft Inc. $1.25 preferred... ... 1 10'A Mar Apr W 8 22 22 >102% 8 *23 25 *27V8 25 2% 9% Jan conv ' 26% 27% 27 V» - 21'A 21% *21 133 *131% 8 V* *7% 92 *81 *117'% *1171/4 *117 25% 27 Va 29 8 117% 27i% Sep 5% Jan - Apr 2% 6 42VaJan *116 25 11% 22 84% Jan 100 117% *116'% 29 ...10 *116 117% Dec Nov 6 'A 93 Va Mar 21'/a Jan Van Noiman Mach 8Va 3% 3Va- Jun 11 3 % Jan United Stores class A Van 27 4% Jan United Stov kyaids Corp 330 Oct Dec ,50 3% Mar 6'A Jan Co—r———No par — preferred. $6 7« 18 Apr 18% Jan U S Steel Corp....No par: 7% 15 4 __j—j_50 Tobacco 4Va 1% Apr 33% Aug 18 Jan 6 46 S Jan 3 Va Jan 101 Preferred j 105 Va Jan 2 4 Jan ' Ref & Min.—j—.50 1171% 25 V* 5% Jan No nar ..—2.50 ^—.5 •" 7% 1st preferred— 100 Viek Chemical Co.—5 Vicks Shreve ii Pac Ry 100 .5% preferred .... .100 Victor Chemical Works—!—...—.5 *116 43 ,16% Jan Vanadium Corp of Am—No par 117% ,3V9 4 103 1 100 171/a 7 Jan Jdly Jan 1,500 17% 4 8% 1st preferred—100 U 8% Jan 7% Jan 32 11 V'. 14 Oct Feb Dec 5,900 27% 20 5% 9% 27 Va Jan 2% Jan par 28% 24% 16 72% 177/B *116'% 15 Dec Jun 9% 44 Jan 20: Oct % 48'/a *27'% , 58 22 to 41% May Jan 29 42 34 37 69 9-4 *116 7 11 *27% *116 58% Jan 113 63% Jan 9% 117% 104'% Mar 35 28% *115 21 Jun *27 17 Va Dec Jan 112 > 17 25% 28% 17 % Jan 7% Apr 9% Mar 20% 19 16 *27 9% 104% 4 lGVb Jan 16 9% 17- Apr 19% Jan Jan 27% 10 89 20 Jan \ 8 Jan 9% 17% 22 Jan 6 273/a 9% 97% Jan ■ 28 preferred— Preferred Feb Feb y36% Jan 4 No Rubber Co S 81% 30 Jun 12 .9% 17'A Jun 21% Aug 23% 5 Va Jan 2 7'A 171/4 74% 18 26'% Jan *9% • Nov ..5 .———100 Universal Pictures 1st pfd—.—100 10,200 ia 85% 29 38'% Jan Co..—...I U S Smelting 8 It 170 Jan 29 16 , TOO U S Pipe & Foundry 20 U 3 Playing Card Co_._—.10 U S Plywood Corp——1 JU S Realty & Impt———No par 0 Jan Dec 63 % —5 Cos.! Co conv Nov 16% Jan 2 V \.No par U S Gypsum Co...20 1% preferred....; ^....100 U S Hoffman Mach Corp 5 Partic & 108 16 .100 Paperboard——....10 US& Foreign Secur— No par $6 1st preferred—...No par Prior 113% May Va Jan 109% Jan ..10 United Mer & Manu Inc v t r. Freight Dec 17% United U S Jan 93% Jan i 4 Improv't—.—.No par $5 preferred —~..._No par - 9V» Apr 11 Coal Dec 46 83 May 100% Mai- 29 1.. Nov 27 r. Jan 84 ' 30 Jan *261/4 *16% 8 21% Jan 170 • la *167 170 iff 39% 39 6 24% Jan 2 3,300 23 74 .*150'% -150 Va iff iff 29 u Jan v % % Jan 17% Jan : 5 200 51% 45 3Va I Va *14% 15'% 62 Va 170 *167 172 V./ 3 1V8 '• 60 — r, *44 45 2% 3 60 *14% 15% 621/2 *44 ' 2 84 " 11/8 60 *601/4 151% 61 60'% 60% . , 400 6.9 49% 501/2 *59% 52% 50 Va \v -5,000 . 30 Va. 52 49% 22% 60 29% *67 67 r 106%. 107 67 114% 58 % lVa 67 50 58 300 1,900 22i 10 —No par 5,300 8,700 114 29 ' Leather Co..——i—..No par " 1% 22% 17% Jan —...——No par Preferred Nov 7% 108 20 Industrial Alcohol—.—No par 1 Va 50'A 4 15 Jan 7 Corporation Nov 78% Sep Jan 82% Jan 18% Jan preferred Jun Oct 6 Jan 7'A 110 par S 111 28% 114 < par S 1% 114% 19 2 5% % conv preferred—.-—50 31'% 49% 29 9% Jan Carbon Co——No United U 34% 22% 45'% Jan 2 5 par 16% 16'/a 50% 49 8 Jan 25% Jan ; 6 U 31% '. Jan Nov 26% Nov 5Va May 79% Jan 1,000 34% 52 26 80% Jan 1,900 31 114% 58 800 y. 31'% 49% 2% 20 35 22 % 1 140 31% 114% 2% I 9,500 311% 49 % 1 800 341/4 22% 2%. 14,200 • 30 Va 114% *42% ." 800 \ 311/4 29 29 15% Jan >' 8 4'% *109% Jan 72 V2 Jan ;-,7»%Jan 13 Gas 1 *66'A ■ 16% 21% 5 55% Jan 40 110 Jan Jan .100 — 5 Co..—.....No United 32 4% 1% Jan preferred—..—.—..—.100 Fruit % 6'% 61% 31% 5 29 16 Jan 5% Jan •• 11% Jan 19 % 11 79 5 . United 35 105 Va 106'A preferred Biscuit 7 Va 4 Jan 113 __.___10Q Un Air Lines Transport United 18 105% Jan 25 United Aircraft Corp.. conv 14% Jan 26 Va Jan 58 par Union Tank Car.—_._.._No par 5% 7 Nov 7Va Aug Feb . ,1 8 Pacific RR Co——.100 preferred..j..; 4 %, 11 71 56'% Jun 5'%" Jun 42/ par- No par pfd—-No Union Oil of California... 1 Union 15 21 Dec 2 Va ' series.!...No par Electric 31'A 513 8 51% Union Carbide & Carb— $4.50 6)« Jan 4% Jan .No par Eng & Fdy_„ 3,200 4% 4% ; Fisher Co.—.No .1 Jan 11 Va Jan 6'% Jan & Paper..... Preferred Jan 67 ; Co.. Coach Dyewood Corp 31'A 27% 28% 27% 106 Va 105% 4 Twin Drug Inc.———.3 6,800 *37 % 40 16% Vs 25 preferred——.——No par ; City Rapid, Tran—c—No' par, preferred————100 4 22 ! 12% Jan Corp.No par $1.50 United 10% 175 32% 31% *109% Film Fox Jan < 4 4 Jan < 6% Jan United .60'% IOV4 59 61/4 61/4 •' *171% 175 16% 1. ;-.v, 1 Va 1 105% 10 Va 61 : 109% 35 Cen 20th United V, 88 87 Va 89 *37% 4% % *31 31'A 1 5% 10 6% ' 34 % 5% 40 30% 31% 30% *31 5»% 15% ' 104Va, 104 Va 104 3% 32 11 United 18 Va 60 10 Truscon Steel .Co———. 5,700 3% 109V2 16 1/4 28 69 27,800 6% 18% 175 *6'/4 109% 75% Jan 1% Jan 1. Li. No par C0fp.___4._j...No par preferred.— $6 Truax-Traer 200 - 68 3% 61 32 4 % 4% 15% *109 8 6 Tri-continental Corp.. 900 18 »/4 173 *37% 40 12% Mar % Mar ' *87% 10% ia 32% 8% 29 " 5'A ., 89 173 6'A 6Vt 32 18% 11 2% Jan 2,000 28 - 3%. 5'A *601/2 62 7% May 14 VB Jan ' 28 28 17'/a 3% *87 175 16% Jan 5 400 " • 6 5% 5% 66% . 10 % 10'A 27 11% Jan No par 4,500 7% 3% 61/4 3% 1,200 41 Va 67'% 17 62 15% Jan Williams Strl_i Transue & ; ' 41% 42 6 'A : 51/4 . $3 7% 66% *103% 87 *37% 40 32 Va 32 y4 32% 16% 6'A 6V4 5 87 Dec United 3% 6'A 3% *173 175 *37 Va 40 *4% 10% 61% 61 % *173 6% 6% *31% 9% 9% 61% 175 *37% 87%, 87 89 >9% *171% 5 5 5 5 *87% 6% 45,700 7% 41% ' ■" Jan Jan 30,600 3% 68 V« 17 16%: *3% 431/4 12 21% 3% 7'A 6 103% 103 ■< 16 6% Jan ,_i. " 20% 28% 6 V 21 5% Va 6 43% Jan 4 Bearing h Mar United-Carr Fast Corp—No 56'% *26'/a 68% 6 20 6% Jan 5 % 19 % 5% 5% 28 6% * *271/2 27% 6 . 300 ■ 16»% *7% . 42 *41' 5% 27% 6 21 3% 27% 40% Jan —2 % 7% 33a 27% 5% 20% 7% 42 5% Jan 112 . % 3% 42 5% 5% 5% 34V8 No par May 31% May ,900 15,700 56% 21 21 8 *3% 56 *19% 20 Va % 19% 7% 3% *3% 42 *5% % 20% 55% 56 19 % i°o 19% W 7% 8 3% *41 19 * *111 112 *111 112 v.; 55% 20% *19 % Hi 19 8 . 21 19 Va % 19 18 A 22 ' 16'% 16% 16% 16% *111 56'A 15 1,700 26% 17% 56 'A 29% Jan ..10 -t$4.50 conv preferred—>—No par., Axle....— .10 630 83'A 29 V4 56% 2 16 Timken, Detroit * 83 Va 97 55% Dec 28 '/a Jail TranscontT & West Air Inc.—5 ■ 7 % 171% 16% 16% 16% 18% 56% 97 Union El Co of Mo $5 110 29 % 56% Mar Twin 10,100 81'% 80% 81 801/4 *113 109% 97 113 85 Under Elliott 18 Va *111 26 Union Bag 28 V4 112 % Jan 3,200 97 *111 97 3,200 18% 112 4 9'% 28 % *111 Feb 94% Jan 45% 97 *16% 10% 9 18% 17 Jun 45 97 •16% 8 9 27% 17 29 45 9 29 Va *16% 11 Va Jan 560 83 - Nov 12 Associated Oil.!— Water 2,500 ' 83 Va 83% 26% 15% 9% Jan 900 *26 83% 83' 26% 8,200 % 17Va 17 83'/4 / 100 16%, 16% 16% Jan 160 72% 7% 116 109% 110 *109 109%- 110 109% : 70 7% 44 % 81 Va 80'A *114 116 13,800 '2,000 1 25% 5'% 5Va 7% 200 v 14 Va 25% 70 *69 , 9Va 9 81 Va 81 116 80 Va 26% 44% 9'A 109% 26% 44% 44% 9'A *114 116 7% Nov 8% 1 25% 5 5'A 68'A 71/a 44 80% 79% •114 51/a 7% 68 68 % 11 Transamerica Corp.... 12'/a 13% 14 25% 68'A 5V4 5% 5%. 9 % 9% 67 a *11 12 19'% Jan Timken Roller % : 2 Va Jan 4 Tide 1,500 751/2 6% 12% 14 ■ 1 2% ' ,< 2% 75% 6% ' *11 26 25% V 2V4 75 Va Va 6% 14 13% 2 6'A *25% 69 7%' 2 75 12% *11' 14 , 13Va 15 2 9,100 16% 13% '6% 6 V2 11 14 68'% 44% 9'A 11 13% *51/4 . 68% 68 12 25% 26 % . 16% 13 ' 13% *11 12'% *11 16% 13 74 74' 6% 6% 6% 6% 6% *6% 6% 6% % 6% 16'/« 2'A 2 Va 2'A 74 6 6% 15% *13 13% IVa Jan 5% 9% Jan 23 , 27% Jan Jan 1,600 42 Va 42% 13% 63'4 15'A 16 *13 2 2 73 ' 16% • 16 Va *13 ' . 6% 6% 6%; 6% 6'% 16% *13% ;;;■ 3,400 '■ 4 .2 par 460 29 Va *29 8 Va Jan par $3.50 cum preferred.—N< 19,200 • Jan » 26'% Jan No par Thompson-Starrett .Co,._j_vNo 600 97'/2 96% 97 Va 28% par ..23;, _ Prods Inc Thompson 300 V I8V4 10% 10% ' 18 (J R) 1,100 1% ' ; 1% 17 '/4 Transit Corps.No Avenue Thompson 27Va 27% ' 1% 1% 18 *17 10% 27 *26% 1% 1% 1% *17 V4 2 18'A 19 *17% 4'A *9 Va 28 *27%1, 28 2 2 *1% 3% 9% *9 Third 2,200 4% 3% 4'/a 9% 3 page 451. 8 22 *102% 8 700 22 1,200 104% Wabash RR preferred Waldorf 20% Jan 2 22 Jan 23 6'A Mar 16 97% 7% Nov Apr 20% Nov Jun 102% Oct Volume THE COMMERCIAL Number 4147 157 & FINANCIAL CHRONICLE 451 NEW YORK STOCK % I per share Jan.27 $ f per share per 5% 5% 5% 5% 5% 5% 40 % 40% 40% 40% 4078 40% 15% *15% 16 15% 15% *15% 5% 5'A 5'A *4% 5% 5% % *% % *% % 27% *27 'A 27% 27% *% *26% 27% 7% 7% 7% 8 *81 Va 83% *81 Va •27% 28% *27% 28'A 28% *17Ve 17% *17% *17% 12% 13% 18% 18% 3% 3% 17% 14 *18'A 19% . *61% 9% 5 5 % Jan 6 % Jan 4 % Jan 4 *28 29 17 Va 400 Jan 20 Jan 28 7% Jan 7 ' > V B preferred- $7 3% 3% *3% 3% t 600 Webster 19% 20% : 800 Wesson Oil & Snowdrift > 9'A 9% ' 111 110% 13% *103 71% 9% 9% 57 57 57 75 75 74% 75 V 74% 65 65 64 64 65 110% 110% 110% 13% 14 • 110% 13% 13% 103 59 .110% 13% •• T 380 ■: 104 19% 19% 20 V West Va ioo — 6% 17% Jan 18 13% Jun 4 15 Jan 26 12 Jau 14 Oct 17% Jan 5 19% Jan 28 11% Jan 18 Nov par 2% Jan 8 3% Jan 21 1% Jan 3 July 17% Jan 4 20% Jan 11 15 May 20'A Jan 70 Jan 18 59 Va May X71 % Nov 9% Jan 29 10% Nov No par 1 8% Jan 50 % Jan 4 57 Jan 9 67% Jan -57 Jan 4 2 75 Jan 26 65 Jan 27 Jan 8 111 Jan 29 pfd .-100 28 27% 28% 28 28% 28 28% 28% 29'A 29 'A 29% 15,100 17% '17% 17% 17% ,1 17% 18% 17% 18% 17% 18% 18 18% 15,100 84% 85% 84'A 122%' 122% 122% 7,100 > 90 Westinghouse El & Mfg—: 1st preferred 1-' 300 Weston 3 2% 7 2% *6 *6 Vu 1% 1% 2% 83% 84% 122% 122% 33 *32 % 1% 83% *32 27% 27% 107% 107% *41 27% 19% 19% 17 > *41 88 *84 88 19 % 19% • 61% 19% 61% 2%. 6% 6% ! 1% 1% 1% 1% 13,400 % 85 85% 86 % *122% 27% 85% 33% 27% 123 *33 27%. '27%' 27% 107 *107 *41 50 *41 50 88 88 88 *84 ' 50 300 I > 14% 14% 4% *16 19% 19 ,19% 19 19% 19% 20'A 60% 60% .61% 62 62 62 62'A ; 14% - 4'A *3 *42 16% 16% *16 17 *16 17 ! ioo 14% 14% 4% 4'A 3% 2% 21% *2% •2% 2% 2% 14% 4% *3 ■ 50 *20'A 14% 4% ; 3'A *16 3,800 • 4% 3 VB > 3 ' . ' >42 15% 15% 16 16% *4% 4% J 1,600 White 3'A 3 Va '3,100 White White Motor Co 27,800 *42 50 *42 50 *42 50 •21% *20% 21% *20% 21% *20% 21% *2%' 2% 2% 2% *2% 2% 2% 2% 2% 2% ''1,200 2% 2% 2% 3% 2% 3 3 3 3 3 Va ?K 50,400 .. , ■ • i $4 • VV 'I' ' 8% 5% 5% 65% : 8V2 65% * 9 % 8% 8% 5 Va • 5% A 65 93 ,9% 18% 18% 32% *45% 45 %? 33'A 33 17 109 125 33'A 17 130 *98 33'A • 17 17 Va Vv 126 6% Jan 8'A Jan 2 Sep 29% Jan 29 23'A 18% Jan 29 13% May 29 30 Oct 19% Feb Feb Apr 83 Dec 18 109 Aug 127 Jan Jan 27 23 Apr 32 % 27% Jan 26 22 Mar 31% Jan 2 33 108 15')'; Jan 89 9 63 Va 18 Dec Jan 108: Oct Dec 50 Apr July 93 Jan 100% Jun 80 2 20% Jan 29 17'A Dec 27% Feb 5 63%Jari 21 53% Dec 69% Jan 14 16% Jan 22 12% July 15 Va Dec 2 16% Jan 29 12 Jun 5 Jan 4% Jan 25 3 Mar 3% Jan 26 1% 3% Jan 8 2,300 ; conv $6 • Jan 15 21% Jan 7 15% Jan 5 Va Nov 31/2 Jan 2% Jan 2 2% Jan 29 2'A Jan 2 3% Jan Jan 6 9 4% Jan 2 preferred ,•- • No par Jan 22'A Jan 1% Apr 2% Dec 26 1% Aug 2'A Jan 29 4% Apr 8'A Dec 5% Jan 26 3% Sep 6% Jan Jan May Sep 73% Jan 8 107% Jun 110% 9 19% Jan 29 16% Dec 30% Jan 2 33% Jan 29 20 17% Jan 4 115 9% 27 Jan 115 8 17% Jan 10 66% Jan 4 Jan 9 pfd——100 Oct 25 Jan 57% Jan • 10 _ 67* 53 Apr 40 16% Jan —No par ■ — 8 • . Apr 15% —10 ; Woodward Iron Co (1,900 40 19 40 ——1 _w Pow 15 x20% Jan 5 - Motors Wilson-Jones Co Jan 20 preferred Wisconsin El ■. No par preferred Wilson 6c Co Inc .1,700 '• 19% 17 Va 125 125 *98 *98 46'A 48 *85 90 *86 62% 62 % 62 62 *62 62% 23% m 23 23% 23% • 13 % 23% 13% 13% '121 8% 13% • 9% 46% 46% 46'A 46 V2 46% 47 47 90 90 90 62% 62% 9% 9V2 31 30%' 31% 30% 84% 84'A 85 85 , 24% . *24 " 27 51 24 Oct Jan Prior pfd Prior 300 > > 15% 15% 15% 122% 123% 123'A 10% 10% 10% 10 "A 10',4 10% 10% 21% 21% 22% 23 % 22% 23% 2% 2% 2% 2% 2% 2% 9% 9% 9 V2 9% 31 "■-■■■■ 30% 10% 22% 23'/a 2% 2% >• 9% *84 .-V, 85 . - ' 9% 10% 10% 10% 23% 23% 23% 23% 2% •2% V 2% 54 Jan 57% Jan 100 44% Jan 9 46% Jan 22 42% oun 100 46 9 47 Jan 29 44 Jun 92 Jan 18 80 Jun 104 Jan 39 Apr 62 Jan Jan par 88 Jan 15 par 58% Jan 4 62% Jan 8 —25 21% Jan 13 24% Jan 23 15% Jan 23% Oct 1 12% Jan 2 15% Jan 29 10% Apr 14% Nov 100 118'A Jan 12 123% Jan 29 111% Jan 121 Va Dec 7% Jan 4 Nov (Wm) & Towne (Del) Jr Mfg. Co ' Young Spring & Wire 3,200 No par 9% Jan 26 Apr 7% No par 30 Jan 6 32% Jan 29 28% Jun 37% 100 82 Jan 4 85 Jan 15 78 Jan 87 Oct 12% Jan 20 Dec •7,000 2% Mar Youngstown S & T t5%% preferred series A 7,000 f 117 series Preferred .4,100 85 Nov Conv series 4%% pfd 4%% Yellow Truck & Coach cl B 15,900 :> 85 July No Yale 1,200 '32'A 31 84% 10% . 31 84% 24% Jan 125 No r 120 , 100 Nov Wrigley 64,700 122% _—— — Wright Aeronautical 800 14% 21% Jun 14 % Dec 31 21% May 117 106 100 — _ - No par preferred B ? >, 150 ' 85 ' : 24% 120'A 30% ;• : preferred A V 200 •:» 14 120% 31% ;■■>• 7 % 6 7c *45% 10 Co, Worthington P & M (Del) u. 23% 13% 121 120 Woolworth (PW) 125 *46 A ,;•) '2,000 126 *45% > 8,700 17% *10$ 48 > 33% 17% 126 *109 90 62 - 3% % May 2% Jan , 1 preferred conv Willys-Overland —- 18% 46% 61%' 8% 10'A 'Vv;: 33% Apr 4% May 13% Jan No par Wilcox Oil & Gas Co 20,300 66% 18%. T 90 61% 84% 5% *9% 33% 18% 15 —1 Rock Min Spr Co_ Sewing Mach Corp Prior 4,600 ) *114 *46 *60% 30% )■ ; 18% 9 ■•-, >•>65% '; 9% 9% *114 *45 90 8% 18% 18% — 5% J" 66 65% 9'A : 5% 45%' 90 121 66% 9 . 113% 8% 47 % *45% 13% 66 9% *98 47% 121 66 17 125 91 13% 5% 8% ... 2 19 29 * *90 24% -24% 5Va *108% *45% *119% 5% 33% : 130 *98 46% 5*A 18% , 17% *109 125 *98 8% 9% . 33% 17 17% 130 8% *113% 18% 32% 32% *16% *108% 8% 65% 9% r_ 18% 8% 5% •' 65 8 *113% *113% 8% 26* 1 % Jan 4 18 Jan -58% Jan - Dec 7 Jan 85 Jan " >20% . 100 20 6% Jan 42 74 Wheeling Steel Corp —No par $5 conv prior pref No par White Dental Mfg (The S Sj —20 ' r . 104V2 8 ■ 106% Jan 15% 21% . Jan Feb 18 Sep Sep 12% May Jan 2 2 4 4% 50 50 A 3 113V2 97 26% Jan 3'A *20% ' 10% 15 No par 4% *42 • 19 88% Jan 3'A May 23 123% Jan 4'A 102 Jan 5 3 ; Jan Jan preferred———_No par Wheeling & L Erie Ry Co_ —100 460 •16% 60% 16%' Apr 93 20 2 preferred Jan 36 105 12 conv 104 2 Jan 5 % 7c 91 Apr 5 Jan Jan —50 50 Jan Apr 5 _12.50 Instrument $4.50 60 ' '■>>; 14% Jan 7% Aug 41% 11% Jan ■ Feb 19 34 . 15% Jan - -31 16 : < • 81 120 Elec Westvaco Chlor Prod 800 ■ •?: 93 <1,900 i 107 % *41 *84 > , 33'A 107 107 % . 88% 123 123 *33 33 '107 107% 107% 2% 6% 123 27% 50 , 63 *16% 50 *84 : 107 2% 1% 33 .27% 27%. 2% 4 n 103 Jan 19 Jan 2'A Jan 5% Jan l'/eJan —26% Jan ~ preferred Auto Supply Co Western *2,200 *6% 7 1% 33 *41 88 *61% ; 2% 1% *32% 27% 2% *6% 107 50 *86 33 19% 7 *6 1% 19 % 3 2% 7 1 % 123 83% *120% ,• 109 No par Pulp & Pap Co 27% * * 19% 19% Jan 21 100 100 A 100 .10 Western Maryland ——100 4% 2d preferred -—:_100 Western Pacific 6 7c preferred—100 Western Union Telegraph———100 Westinghouse Air Brake No par 20 ••69 • No par Corp El class West Penn Pr Co 4% ft 190 Jan 12'A Jan —No par preferred 1 preferred— 6 >1,900 13% *101% 19% No Indies Sugar - 39% —1 „ preferred West Penn 220 550 • 111 13% 105 "102% 103 *55 x65 5 Co, Eisenlohr conv West ,7,400 75 65 105% $4 9% 56% 110% 14 105% 9% 9% 20 *70 Oct Oct 24% 3% *19% Dec May 28 *3% ... NOV 8% 80% Feb 4'A Jan 3% 19% 29% Apr 16 29 29 Washington Gas Lt 71% Nov 27'A Jan 18 15% Jan 4 Wayne Pump Co 19% 1 No par No par Waukesha Motor Co *70 % May Fdy & Pipe 400 Oct Nov 23 2,800 Nov 6 Jan '1,200 71'/a 8% Jan Nov 16% Jun 2% 83 19% *70 28 51/4 41% 79% Jan 11 14% 71% 26 5 Apr No par 17% 20 par 50 ; Pictures— Bros 14% •■• per share Apr 13% Mar preferred Warren 200 No i. *18% 64% 13% 28 29 17 Ve 4% Jan *17Va 63 20 2.9 L—No par Baking Co cl A_ Class Highest S 31 Va 19 14% 9% . 62 *103 $3.85 3% 29 19% 75 13% Warner 40 21 15% Jan 18% 57 20 42,600 5%, Jan 41% Jan 4 *14'A 71% 105 8% 81 Va 28 8% 82 2 12 18% 56 20 8'A 80% 28 *81 Va 4% Jan 15 72 *103 300 1942 share 15% Jan 17% 54 >110% % Ward t per 38% Jan 14% 20 - 1,000 share per No par 18 Va *70 62 5% S $ per share Previous Lowest „No par Good & W Ltd iH) Div redeem 17% 54 111 *13% 17% 5 Va * ' 78 8 29 Walk 400 Year 1 Highest preferred—i-No par Walworth Co 1,800 7/ •i.. 28 8% *28% ,•72 62 *110% 3%- 9'A 28 8,100 15% % 5% 5% 41% 18% 19% 56 72% 71% % 83 5% Lowest Par 15% • • Range Since January ; 41 16 Range for STOCK EXCHANGE Shares t YORK NEW 15 71% 9% 9% *54 , 19 % 71 5% 41 % 1:1 t per share for 3% . *69% ' 19% *70 5% 40% *15 ^'4 *5lA 28% the Week 14% 18% 3% * share per 5% ^00 Sales Jan.29 18% •14% • 5% 16 7% CO t 40a *27'A 83 Friday Jan. 28 It; 8 8 83 83 5% •> Thursday share 40% 15% *5 STOCKS Wednesday Jan. 26 share per SALE PRICES Tuesday Jan. 23> Jan. 53S HIGH AND LOW Monday Saturday I 110 : 5 No par 9 % Jan 2 10% Jan 22 „_^_No Youngstown Steel 7 par 19% Jan 12 23% Jan 25 8% Jan 2 2% Jan 21 1% May Door May Jan IlPilz ■ Zonite Products Corp. 1 2 Feb Jan 2% > .r'.r A. •Bid and asked prices; no reduced from 100 to sales shares. ' 10 ': •• this on day. X In receivership, a Deferred delivery, n New Stock.' r Cash sale; -5 Special sales. x Transactions at the New York Stock V- V Stocks, Number of and Miscel. Shares ——L-iA Saturday.^ Stocks .<f;: Bonds United States v Foreign 13,010,100 455,000 374,000 15,403,500 Total—. •••■ $78,840,600 $7,799,200 2,000 13,469,100 13,982,000 5,000 . $2,183,500 $409,000 Government -)•:) $423,000 10,000 782,000 173,835 792,000 200,985 924,000 30,000 954,000 212,530 1.010,000 22,000 1,032,000 Thursday- $81,047,300 224,050 210,280 v 882,000 1,098,465 57,000 3.000 892,000 $140,000 $4,826,000 $5,000 >7,000 $8,000 $4,974,000 819,000 Friday Total. . Week Ended Jan. 29 Week Ended Jan, 29 1943 Stocks—No. of ; U. S. Shares— 1 > 5,409,170 A.; 17,420,132 2,699,495 Stocks—No. * $244,700 $1,130,000 11,388,500 12,419,000 Foreign 49,033,000 282,736,400 202,595,000 $52,462,000 $29,369,600 ., $4,826,000 the-daily closing —Stocks- ' Indus¬ Date— January : 23— trials 122.38 20 Rail¬ roads 29.08 25—— 123.74 29.14 January 26— 124.31 January 27—- 124,08 January $4,974,000 Total. 2,050,330 $3,541,000 $17,754,000 $16,082,000 72.000 903,000 373,000 18,000 23,000 173,000 $3,631,000 $18,680,000 $16,628,000 — .— — 15 Utili¬ 'Total 65 10 Indus¬ Bid %% May — tlVe% -Feb Bid Ask 100.2 15,1945 100.3 Utili- Grade ties Stocks trials ' Rails Rails 15.79 41.13 106.94 96.31 56.26 —Mai? 16,1943 100.5 , ties 110.06 t%S 40 *%s Bonds —Feb — — —— 2s 92.39 — Mar Apr 1, 1943 1, 1943 1,1943 b0.70 0.55% b0.70 0.55 % 100.5 100.9 41.49 106.94 96.32 56.25 109.94 92.36 29.04 16.06 41.63 106.93 96.26 55.76 110.01 92.24 28.87 16.38 41.60 106.94 96.29 55.89 110.04 92.29 Federal Land Bank Bonds— 28—— 124.38 29.15 16.36 41.75 106.89 96.24 56.24 110.14 92.37 29-—— 125.41 29.22 16.59 42.06 106.95 96.33 56.35 110.18 92.45 100.19 199.23 100.7 100.8 Finance Corp— July 15, 1943 Apr 15, 1944 tV/e% n% — 100.5 100.7 100.22 100.25 8 Housing Authority— 1%% notes -Feb 1,1944 4s 1946-1944 104% 104 4s 1964-1944 104% J041£ 105% 105% 105% 105% U S Conversion 3s—,——1946 106% 107 A 106 A 106% U S Conversion 3s 1947 108% 109& 1961 128% 130 ' 3%s January 1944— July 3, 1943 at 100V^— Reconstruction U 15.88 100.17 l%s Jan. 3, Federal Home Loan Banks— Total 100.14 2s 100.3 Call 10 Ask Federal Natl Mtge Assn— 1,1943 10 Second - Commodity Credit Corp— ' ~ -Bonds- First GTade • Quotations for Friday Jan. 29 stocks and bonds January 1942 3,460,781 Obligations Of Governmental Agencies averages of representative 10 30 1943 461,535 8,000 Foreign corporate $216,144,000 the New York Stock Exchange as compiled by Dow, Jones & Co.: * A 140,000 government- Slock and Bond Averages on 1,098,465 Domestic 3,070,000 78,840,600 * $359,000 2,183,500 $81,047,300 industrial Total listed shares Bonds $23,200 . ' Below are of 12,765,525 881,000 Jan. 1 to Jan. 29 1942 1943 1942 1943 Bonds Government Foreign., Railroad & Jan. 1 to Jan. 29 1942 Total Corporate $14,000 Wednesday. 14,716,500 $23,200 Domestic Tuesday—. 15,748.500 6,000 ■ Foreign Foreign V >76,785 Saturday Monday—„ 15,332,000 1.000 344,500 v.;> of Shares) 4,000 • 340,000 14,366.000 ;*J.—_—ii $5,200 Bonds (Par Value) (Number Week Ended Jan. 29,1943 V Sales ,r'.r Bonds 376,000 "13,607,000 Wednesday Thursday Bond v $294,000 • 14,954.000 Tuesday Total Government > • .Bonds , $7,500,000 Monday- Friday t Unit of trading II Called for redemption, Daily, Weekly and Yearly Railroad • Week Ended Jan. 29, 1943 Ex-rights. y Transactions at the New York Curb Exchange Exchange Daily, Weekly and Yearly •/"//.V. V V'VV*; /; > Ex-dividends, :;v-\ 3s 1955-1945— 1955-1945— 3s Jan. 3s 1, May 1, 1956-1946 1956-1946 107% 107 fr Other Issues Panama Canal 3s_—— —~ Bond Record New York Stock Exchange «» FRIDAY the YEARLY - Interest"—except for Income and "and are The italic letters in the column ' Last or S. 1947-1952 1944-1954 1946-1956 1943-1947 1943-1945 1944-1946 1946-1949 —_1949-1952 1946-1948 1951-1955 ; 1955-1960 1945-1947 1948-1951 1951-1954 1956-1959 1958-1963 1960-1965 —1945 —1948 1949-1953 1950-1952 _— 3%s_._ 3%s__ 3'As 3'As 3'As 3'As Treasury Tret r*ry Treaury Treasury Treasury Treasury 3s Treasury 3s Treasury 27As 2%s_._ 2%s 23As 23As 2%s 2%s 2'As 2'As 2'As 2'As 2'As 2'As 2'As 2'As 2 %s____ 2'As 2'As_____ 2'As Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury , ____1952-1954 —1956-1958 : .1962-1967 >.1963-1968 —..1967-1972 —1951-1953 .1952-1955 1954-1956 2s ..—.—__.__1947 2s_ Mar 15 1948-1950 2s__ Dec 15 1948-1950 2s__. Jun 15 1949-1951 2s Sept 15 1949-1951 2s_—......Dec. 15, 1949-1951 2s 1950-1952 2s ——1951-1955 2s 1953-1955 l%s, June 15 1948 — Treasury __— Treasury Treasury Treasury Treasury ... Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Federal _ __ Treasury A-O AChile 114.2 *114 __ J-D A 6 101.4 *101.3 A-0 *101.28 101.30 J-D 109.9 109.10 1Q4.22 4 104.22 107.6 107.6 10ftTl5 1 107.6 107.6 107.6 T 108.15 108.15 "... J-D 108.15 *104.18 104.30 M-S *106.13 106.15 J-D *105.31 106.1 *|06.9 MS MS , : ' 100.17 100.20 ... ; 10 100.21 100.31 ' J-J J-D *104.6 M-S J-D J-J 1944-1949 - 103.16 —1945-1947 M series 100.9 54% 38% 41 External (Rep of) 8s gold 30% 30% 30% 48 40 48 46 20 ' 39 F-A 102% *102% 103% ...77% 77 101 77% 106% "4 106% 112 30% 35 112 47% 58% 45 54 112 111 102% 72% 105% 77% !105% 107 *32 35 *32 58% J-J F-A 56 51 58% 52% '54 54 27 56 42% 51 1 69% 74% 491/8 51 M-S 74% 74%' 1940 A-C *75 »/a 1940 A-O 1961 M-S ..........1969 A-O .1969 A-O 4%s 1926 sink fund 5%s 5%s 1st series— 5%s 2d series 102.27 21'% 101'/a *102% A-O Salvador ctfs 8s of (Republic of) 102.28 102.27 46 ' 19% 101% 21% 1962 ! 1948 1967 dep 7s— _. (Republic) extl 6s. —.1945 —.1949 .1949 French Republic 7s stamped 101.14 32 40 *100 Va 102 .1955 5%S—1 55 , 44 20 A-O ... 52 144 47% A-O AEstonia 102.28 *101.12 1944 Customs Admin 5%s 2d series *102.24 102.26 *102.25 102.26 M-N 52 41 *30% M-N 1952 100.13 *102.28 102.29 J-D 1 54% M-S —1942 Finland 1944-1952 series A— 17 % *30% is ;• M-N A-1951 External gold 103.16 *100.5 100.17 Loan Corp— Home Owners' v.-17% *30% J-D ser *100.15 100.17 ; 1 40% J-D 5%s §A2d series ... 19% 17% 54% M-N 1945 wks 4 Ih-S 17 y8 *54 40% F-A *109.19 100.21 M-N "4 17% 17% 19% lADominican Rep Cust Ad 5%s—1942 103.16 100.16 '/a 19% J-J M-S ./» —1951 debt §Alst series 5%s of J-D 21 18 Va .18 J-D external ; J-D 34 F-A 1953' 100.28 100.28 21 A-O (Rep of) 7s: (Republic of) 5s of 1904 *100.22 100.24 __ 1947 Rica J-D J-D A-O 20 J-J 1970 1977 • 21 17% 24 A-O 1961 ASinking fund 8s series B___ 5 A Denmark 20-year extl 6s__ ; *100.23 100.25 .. 1961 bonds Mtge Bank 6%s_ A Czechoslovakia .. *100.28 100.30 ... M-S 104.8 f $ s 4%s *101.22 101.24 *103.28 103.30 __ Oct ___Jan 20% 20% J-D 1928 external APublic *104.31 105.1 . J-D 1951 20 M-S Sinking fund 5%s *101-23 101.25 21 is y2 20'/4 M-S External 5s of 1914 series A—1949 External loan 4%s._ 1949 *104.30 105 J-D 21 17= 20% 20% 17% 32 20 'A 18 2 20% 22 20% 20% M-N 1946 ASinking fund 7s of 1926 ASinking fund 7s of 1927—__.r.1947 Copenhagen (City) 5s ;_1952 25^year gold 4%s 1953 100.21 100.30 *100.20 100.22 __ 100.13 100.17 5 19 21 22 19% *19% M-N __„___1960 1927—1— A Costa High (Republic of)— Of of Cuba 100.18 100.21 100.21 M-S 104.3 *103.20 103.22 __ J-D 106.11 *104.1 M-S 106 106 1962 ..i960 A6s 3s Low .. 20% A-O ..1962 assented... Colombia High A-O 1961 January 1 No. 21% 20 J-D 1961 assented A Colombia J-D 1961 Range Since Sold J-D assented A 6s 109.6 *109.4 J-D 1961 6%s AChinese, (Hukuang Ry) 5s *108.20 108.22 J-D J-D 1957 Chilean Cons Munic 7s A7s *107.31 108.1 J-D MS J-D A 6s A .*104.25 104.27 MS M-N 1957 AGuaranteed sink fund 6s A 6s el09.13 109.13 __ 1963 assented Bonds Friday's *20 M-N %s assented AGuaranteed sink fund 6s_". 110.9 *110.6 MS 103.3 106.30 *106.18 106.20 M-S 1963 A6%s assented *110.16 110.19 ... ... M-S 103.2 106.29 1 106.29 106.29 " J-D (Continued) — sinking fund 6s ASinking fund 101.31 101.28 103.4 *103.2 106.29 J-D or , J-D A-O Week's Range Last Sale Price Bid & Asked Period AChile Mortgage Bank 6%s *108.16 108.18 A El 1—1944-1964 ... 3s (Rep) A 6s 106.3 105 29 *102.30 __ M-S Interest Exchange High Low No. Stock Week Ended Jan. 29 Low Mortgage Corp— Farm l%s * AExternal ... Treasury 4s Treasury January 1 Government 4'As Treasury New York Range Since Sold High Low U. Bonds Friday's Sale Price Bid & Asked Period Friday BONDS Week's Range Friday Interest Stock Exchange Week Ended Jan. 29 week's range, unless they are the only transactions of such sales in computing the range for the year. the month when the bonds mature. headed "Interest Period" indicate in each case BONDS New York 3s WEEKLY - defaulted bonds. Cash and deferred delivery sales are disregarded In the week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur. No account is taken of NOTICE—Prices 3'As Monday, February 1, 1943 CHRONICLE THE COMMERCIAL & FINANCIAL 452. 7s • unstamped.— . 72 72 75 5 72 75 73%; 75 18 72 75 75 J-J J-J II *18 *19% 21 18% 95 99 16% 99 M-S 21 18% 17% *90 J-D Greek Government— New York City part paid part paid— (Republic) s f 6s series A Helsingfors (City) exti 6%s ' 1980 Corporate Stock 3% 1964 1968 1952 A7s Transit Unification Issue— 103'A J-D 103'A 86 el03'A 103'A 104 A 6s — Haiti active interest in AMedellin *. V - I; • Mendoza J*' " /' Mexican South American A4%s AMexico and other ,'J 1 ' ' ' ' 15% 68% 69'/a 62'% 621/2 1 62% 62% (Colombia) 6%s (Prov) 4s readjusted. Irrigation— stamped assented (US) extl 5s of 1899 £ M-N 1957 1954 .1954 A-O 14% 14% 14% J-D 16 15% 16 1943 1945 1945 1954 1945 1933 AAssenting 4s of 1910. / 12 5 15 A-O AAssenting 5s of 1899 AAssentlng 4s of 1904 Foreign Securities 35 69'/8 ,16% 15% 1960 AJugoslavia (State Mtge Bk) 7s an 30 15% 68% 17% ..I960 Irish Free State extl s f 5s We maintain 17% ' A-O §ATreasury 6s of 1913 assent (State)— ASec external s f 6%s .—1958 85 85 ~5 11 14% 10 15% 16 *83 83 '/2 10% M-N 82% 82% *80 '/4 J-D 10% 10% 9 Q-J *5% Q-J *11% 13% J-D 10 % 10% 62 J-J 12 Va 12 Va 2 11% 13 J-J *12'/a 10% __ 13% 13% 9 10% Minas Geraes Wertheim & Co. 120 2-2300 REctor T eletype Members New York Stpck Exchange Telephone 1 Broadway, NY New York A 6s 1-1693 New sink fund F-A *43 —1948 6s__ sink fund A-O 4s_._.1968 *45Va South Wales Akershus (King of Norway) 1945 1945 .1945 s f 7s series B— A External s f 7s series C AExternal s f 7s series D AExternal f 7s s series 1st 16 16 y4 22 15% 16% 16 16 Va 8 16 16% 16 3 16 16 A-O *16 A (City) external 5s—_—1958 Antwerp Argentine (National Government)-— S f external 4'As 1948 S f conv loan 4'As— 1971 97% 50 42% 97% 50 97 98 84 % 86% 84%, 86% f exti eonv loan 4s Feb. F-A 78% 80 29 78% 81% f extl conv loan 4s Apr A-O 79% 80'/a 12 79 % 81% J-J 92 94 13 82 94 M-S 92 94 26 83% 94 External s s 1956 M-N 87% 97 97 1955 1955 J-J 97 97 *97 98 1941 J-D 42 40 Ye 42 1957 1957 A-O 38% 38 A-O 38'/2 1952 1957 1958 1950 J-D 38% f 7s (U S of) external 8s s f 6'As of 1926— jABrazil AExternal AExternal f 6'As of 1927 s A 7s (Central Ry) Brisbane (City) s f 5s — Sinking fund gold 5s Sinking fund gold 6s Buenos Aires A 6s s External 23 34 39% 38 38% 15 34 38% 38 38% 14 34% 39% 87 91% 88 J-D 91% 91% 87 93 s f 7s 92 71% 8 71% 72 71% 71% 1 70% 73 73% 52% 4 73% 74%. 12 48% 52% M-N F-A M-N 108% 108% A-O 100'/2 107% 108% 35 100 % 101 5i 12 *100'% 100% J-J 100'/a 100 100 % 99% 100% M-N 100% 42 30 21 21 22 sinking fund 6s assented AExternal sinking fund 6s assented 21 21 22 12 *20 F-A page 21 456. 1962 21 21 21 21 21 A-O A-O 100% 97% 100% 21% 19 22% noo% 1944 1956 1965 ——1963 F-A 21% fund 4'/2s. fund extl loan 10 22 12 21% (Rep) 1940 -1958 A Stabilization loan s f 7s .1947 1 A4%s assented —1968 AExternal sink fund gold 8s_—1950 A 4 % s assented ——1963 A Porto Alegre (City of) 8s 1961 (Rep of) gold 6s— A4%s assented—.—— — — .1966 AExternal loan 7%s__— (City of Greater) 7%s—1952 "Queensland (State) extl 6s 1947 ARio de Janeiro (City of) 8s 1946 A Extl sec 6%s__ 1953 APrague Rio Grande do extl loan of 1921 AExternal sink : fund 6s AExternal sink 21% 3%s-4-4%s 22 22 22 18% 21% 21 1 21 21 21% 6 18% 22 92 8 88% 82'/2 92 100 Va 100% "2 100% 100% 85% - 90 3 80'/s 81 18 77% 81 82% 82% 4 80% 82% J-D 80 Va 80'/a 2 71 80 Va 72 75 80% *72 "... 90 External External 2%-4Va-4fB readjustment —1979 70 .73 J-D *104 M-S 11 73% 18% 19% 15 15 16 J-D 15 14% 15% 101 15 15% 43 A-O '' A-O ' 16 12% 15% 13 15% 23 23 12% 12% 1 15 19 5 12% 15 17% 21% 17% 21% 30 30 *20% A-O i ■ , *13'/a 16 19 15 J-J J-D . * ,\m, 15 .-. *20% ■ J-J 19 15 J-J ■ • *20% ' - 21% *33 M-N ■ , ; — mW . , F-A Li. 95% 96 16 93 96 A-O 22% 22% 23% 11 18'/a 23% F-A 21 20% 21% 50 16%. 21% 24% 23% 24% 6 20 24% 21% 21 VA 1 17 22 22% 22% 6 18 22% 22% 22 %, 9 17% MS *72'/a 75% M-N 25% A-O , J-D 22% M-N J-D 27 26 45'/a J-J ' J-J 23% 3 45 45 Va 4 *35% 22% 73% 23% M-N 78 18% 26 17% 23% 41 45 Va 32 39 33% 36 33% J-J — A-O 13% M-N 14 M-N J-D • 36 1 29% 36 33 Va 33% 6 29% 33% 66 67% 45 62 67% 12 14% 83 10 14% 12% 14 11 11 14 *10% M-S 15 11% 11% 85 90 11% J-D 88 F-A F-A , 11% 1 88 90 2 *80 . M-N M-N *78 M-N 68 —— *78 — 25 64 69% 61% 61% . 1979 M-N *60% 65 1978 J-D *60 V* 69% F-A *51 69% J-J *52 F-A *11% F-A — — — 68% extl conv 1978 1984 AWarsaw (City) external 7s...—1958 A4%s assented 1958 19% 12%. *12 ' conversion readjustment 3%s extl readjustment 14% 61 *13% A-O A-O 74 106 M-S M-S 70 73 *70 M-N ($ bonds of 1937)— 4-4'/»-4%s extl 21% 1960 1964 fund 6s 21% 18% 84 82% 2 92 92 F-A M-S Sul (State of)— 1946 A 6s external sink fund gold 1968 A 7s external loan of 1926 ...1966 A 7s municipal loan 1967 Santa Fe external sink fund 4s 1964 ASao Paulo (City of Brazil) 8s—.1952 A 6 % s extl secured s f .—1957 SASan Paulo (State) 8s 1936 A8s external 1950 A 7s extl water loan 1956 A 6s extl dollar loan— 1968 5 A Secured s f 7s 1940 Serbs Croats & Slovenes (Kingdom)—A 8s secured external: 1962 A 7s series B sec extl 1962 A Silesia (Prov of) extl 7s 1958 A4%s assented 1958 Sydney (City) s t 5%s 1955 AUruguay (Republic) extl 8s 1946 A 8s 22 20 84 M-N sink fund 4%s 18% 18% ... 100% 100% A-O JAFoland v . A-O 1955 (City) 20% *20 M-S y-s 22 *20 J-J , F-A fund 4'/4s_. 21% 21 A-O A-O Jan 1961 Sep 1961 Sep 1961 1962 assented A-O ——* . 22% F-A J-J 100% 97% 20% *20 M-N 1 1961 101% 102% *10% J-J Jan 1961 100% 101% *102% 103 % J-J J-J 16 100% 100 ,v 101 101% 1960 73 73% 1960 assented see 70 52 Feb 1961 6s ARy external s f 6s footnotes 72% J-J 1945 1961 1944 1967 1968 1954 1942 fund 6s fund For 71 71% 71 Feb AExternal sinking A 6s assented A 6s __ M-N 1960 30-yr 4s assented sinking *80 A-O 1942 (Dora of) 2'As 3'As.. 7-year 2'As 30-year 3s 30-year 3s ACarlsbad (City) 8s A Chile (Rep) External A 6s 38% 1984 25-year A Extl 42 1975 10-year 6s 36% 83 1952 A 6s 55 91 1976 .—1976 5s A 97% 91% F-A f 4'A-4%s A Extl 97 *89 M-S external s f $ bonds A 7s 97 *88% 1977 f 4'A-4'As External readj 4%-4%s Canada 97% 96% F-A 1961 s s 91 96% 7 M-S M-S f 4'A-4%s Refunding 3% J-D 79 10 . (Province of)— stamped External 56 91 M-S f 6s External M-N __1949 1928 6'As—— ..1958 }90% ,%> 190 extl s f 5s ser A.1963 A Stamped assented 5s 1963 Stamp mod 3%s ext to 1994 Ext sec ret 3%s series B 1967 APernambuco (State of) 7s 1947 APeru (Rep of) external 7s__ 1959 ANat loan extl s f 6s 1st ser.—1960 A Nat Loan extl s f 6s 2d ser .1961 50 97% S External g 4'As of F-A 6s APanama 16 S Belgium external *80 Municipal Bank extl s f 5s——.1970 16% 16 16% 11 1972 ^..1972 Australia iCommonw'lth) 5s of '25-1955 External 5s of 1927 —1957 23% M-N 1943 5s sink Oslo 16 50 J-D M-N 15% *16 A-O A-O s 18% 16 f 7s 3rd series__1957 sec f sink 4s sink 16% 16 J-J J-J 15% 8 AExternal sec s f 7s 2d series—1957 AExternal s External 44 75 16 y4 J-J .1945 1957 AExternal 23% 31 *.—1957 External ... 16'/4 16 J-J (Dept) coll 7s A AAntioquia 18% 23% *85% MS (State)— f 5sv—— s External 44 *43 M-S 6s—i 46 23'% J-D Norway external 6s— ....—1947 AGtd 23% MS —.1952 1959 7s A series External Foreign Govt. & Municipal Agricultural Mtge Bank (Colombia)— (City) AMontevideo External AGtd 23% ..1959 ASec external s f 6'/2s 12% 12'% 60 60 66 70 58 52% 52% 13 12 12 11 12% 12% "! 7 Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4147 157 Week Ended Jan. 2!) Last Interest Exchange Stock Week's Range or Friday's Friday BONDS New York Low Railroad and Industrial BONDS , Bonds Sale Price Bid & Asked Period " Range Since Sold January 1 <•, High No. Low Friday New York -Stock Exchange r Interest Week Ended Jan. 29 . Period Companies {§ACarolina Central 1st gtd 4s Carolina 1949 J-3 1965 M-S 5s w w_—_.1950 M-N Ohio Clinch & 4s A unstamped.™.—1953 J-D 1953 J-B Adams Express coll tr gold 4s.__—1948 Coll trust 4s of 1907— 1947 70 Vi J-B AStamped — —1946 10-year deb 4%s stamped Ala Southern Gt 1st Alabama 1st Power F-A 104 *102% *103 3%s__—1972 mtge J-J A-O ■; , 103 V' 4 2 *44Vi 95 93 Vi- 93% ' ^ F-A 93 % 93% 158 J-D 77 Vi 74% 77 Vi 160 .—1950 A-O 71 66 Vi 71 111 .————1950 A-O 62' 56 % 63 Vi 165 Alleghany & West 1st gtd 4s—1998 A-0 65 66 ,—_____.1——1949 modified modified.. 5s modified—. income A5s - : 1951 4s_._.—1952 & Foreign Pow deb 5s__—2030 F-A M-S G Chem conv 5Vis—.—1949 M-N Amer I conv 90% i.j__1956 M-S —1962 A-0 102% Wat Wks & Elec 6s series A—1975 M-N debentures— deb Co 3s— A Anglo-Chilean Nitrate deb..i_i._1967 {Ann Arbor 1st gold 4s —.1995 Ark & Memphis Ry Bdge & Term 5s 1964 (Del) 4s B__———1955 Armour & Co sink fund 1st Atchison series 4s General 4s (Del) .1957 C . 1995 —— 4s of Conv 6 % A-O 7% 95 AChatt Div pur money AMobile Div 1st 73% 73 73% 30 23' 25% 419 18% 26 23 21% 23 318 16% 23% 21% 22% 62 16% 24% 63% 66 AGeneral 105% 114 M-S 95 95 M-S 132 131 132 10 M-N 104% 104% 105 22 F-A 104% 104% 105 4 2 118% 119" 104 107% 19 107% Y Power 3%s___— 107 100% 102% 13 98% 99% 60 Vi 15 51% 61 69 61 Chesapeake & Ohio Ry— General gold 4%s ,_—.1992 ; Ref & impt mtge 3%s D— 1996 Ref & impt M 3Vis series E 1996 109 Vi- 80 99%,; 70 : . 166 - Potts Creek Br 1st 4s 1st 106 49 103%. 106 12 103% 2d consol , A 105% 46 111% 3%s 4s 2 , 1 111% gold 4s_, 109% 31 10 2 Vi 24 102% 100% 80 Va 60% 1 83% 86 33 92% 96 83%, 83% 95% J-3 *106% 131 132 102'% 105 102 105 , 119 119 J-3 A-0 19 17% 19% 541 15% 19% J-J 97% 96% 97% 116 92% 97% 97 97 10 94% 97 7-j 99'/a 44 96% 99% 5 97% _ *115 % - ■ — <- —____1949 registered... Division ...1949 4s 1949 ref & series 99% 97 Va " , 98 • 1958 88% 87 88% 170 81 88% F-A 70 69 70 % 215 65 70 % 1971 F-A 77 76% 77'% 103 73% 77% 1997 A MS 1977 : 5s 99 97'/a 1949 J-J 35 Va 34% 35% 177 32 35% Chicago & Eastern 111 RR— AGen mtge inc (conv) Chicago & Erie 1st gold 5s 1982 M-N Chicago Gt West 1st 4s series A 103 Vi 90 187 87% 1988 J-J *118 — 118 — 118 310 63 6 6'4 77% 79 % ?68 34% 38 AGen 31 30 7 4 Va 29 '105% 105% 105% 2 40% 41 '/a 49 38% 34 34 34% 11 31 (4 35% A Refunding gold 5s series B 1947 ARefunding 4s series C _._1947 J-J 32% 32 32 Va 25 31% 33% 30% 30 Va 5 29% 31% A 1st & A 1st & gen :A1966 5s series A gen J-J ... ,. M-N •41% , 18 7% 8% 52 6% 71 8 71 7 66% 71 242 43% 46% 40 8 7% 6% 8% " 6s series B May 1966 J-J Chicago Ind & Sou 50-year 4s__l__1956 101% 106 71% 41% 31 Vi 66 • J-J ■34%. 100% 8 40 J-J V 79%' 32% 7 100% mtge 4Vis 71% 2038 ' 100 vi inc 69% {AChic Ind & Louisville ref 6s A..1947 90 >4 66% 33% , v M-S 71% 55% 103 103% .30%: J-J 90% 38 480 1989 1st & ref 4 Vis series B 109 % 103 64 ; 1 60% 1949 registered General 4s 112%" 89% 3-J ___1953 " 97%' 103 '66% 1948 deb 3s_,. 95% 109% ,'89% Gulf & W I SS coll tr 5s_——1959 4s 113 112% 112% 79 1952 25 1st 113 34%. Oct 97% 103 J-D 80 Va J-3 1989 Chicago & Alton RR ref 3s Illinois 109 113 M-S 78% 58% 109% 83 Chicago Burlington & Quincy RR— 114% 112 1964 79 % 59% 108% 161 M-N 1946 gold 4s_ cons ... *100 * 90% ' R & A Div J-B v 4 89 '/a 108% §ACen!ral RR & Bank'g of Ga 5s__1942 Prod 5 Vis A _____1948 105% 3-D 109% 109% 89% 108%. ■ ,104%; 105 112% {• 20 A-0 105 *105% MS 20 F-A 42 96% 113 5 Through Short L 1st gtd 4s_—__1954 Guaranteed gold 5s ___1960 82% 78% 104 109 J-J 20 . F«J4 28 113% 114 '97% 20 A-O 108 % 104% 105% A-0 20 73% 1962 20 105 M-N mortgage .1987 110% 71 Central Pacific 1st ref gtd gold 4s_1949 J-B Atlantic & Danville Ry 1st 4s—_:—1948 Second registered 3-J 110% Central N 105% July 1952. gold 4s—11 1987 , 107%' 1960 4s 4s— *110% 104 105'4 4Vis A Atlantic Refining 21 25 214 *100 3-J coll .20 A-0 67% 3-J N 7 41% 107 164 •■69 3-J & 20% 8 35 20% 20% 13 3-J *105% 1st 4s——1958 cons 3-J 8% 6% 41% 103% Nov 1944 1st 137 8 41 J-3 New Eng 1st gtd 4s___ 1961 {ACentral of N J gen gold 5s_ .1987 : 5s registered ; .—1987 99 J-3 1944 unified 7% J-D {ACent 59% F-A 1946 General gold 5s_.______1946 . Central Illinois Light 3%s_—__1966 > 82% 108% 109 Vi M-S 1st gold 5s— Atlantic Coast gold 4s__1951 93% 71 62 22 101% 102% , Q-J Charl A L 1st 4Vis A—1 1st 72 26% 40% 23 % Certain-teed Vi Jan 30-year 5s series B__.^ Atl & 68% 57 J-D Cal-Arlz 1st & ref 4%s A——.1962 Atl Knox & Nor 30% 81 158 M-N gold 4s of 1910 Trans-Con Short L 209 8% —1955 1905 4s 72 1945 26% 1995 —1955 1. —— gold 4s of 1909 Conv 40 % 71 . . .Nov Illinois division 3Vis Adjustment gold 4s—_———1995 Conv 32 72 100% 7% Topeka & Santa Fe— Stamped 40 F-A 48% 103 Va 98 "25% 108% 108% ; 109 Vi Tobacco 102 % 7% 104% 105 104 ! 104% 108% conv 48 % 40 20 J-D 103% 26% 108 J-D 3s 3 103% 103% 100% 100% 3-J 3-D A-O 53% 6 107% 81% 108 Amer Atl 82 104% 10414 debentures— L MS A-0 debentures..— 3 Vis 102% M-N Telegraph Co.— 3Vis Am 107 J-J American Telephone & 101 77% 70 ,60% 6 103% 104 107% ,_i__1961 1966 Internat Corp conv S'/as...1—1949 Am 48% 48% 66 % 109% § A Consol gold 5s—..._u—.1945 4s Allied Stores Corp 4%s debs.: Allis-Chalmers Mfg Am F-A 4 108% . ______——1944 5s 5s 102% 102% 102% 17 93% 5 93 Vi, ,94%' High 62 109% 109% 1947 . Low — ARef & gen 5%s series B____i__l959 A Ref & gen 5s series C ,—1959 108% 3 93 Vi High *68% _i_l962 mtge 5s January 1 No. 62 108 62 95 ..1931 Range Since Sold ' 1st gold 4s.__.1948 ACent Branch U P A 1st 21 gold 4s deb 4 Vis w w {Central of Georgia Ry— 62 95 A-0 105 . 108 % 1st gtd Corp 3%s debs Celotex Corp 102 j 63 Vi A-0 Alleghany Corp— 102 __■■■ 108 1948 assented. warrants ... Vi A-0 Albany & Susquehanna RR 3Vis—1946 3%s registered... „__i____1946 with Vi 104 '/2 3-D Celanese ~1 Gen Corp & Adir Cart 53% » — 102 3-D Albany Perfor Wrap Pap 6s——1948 6s ; 102 A 5s—1943 cons 48% — *"102 B__.___——1943 1st series 4s cons *54% MS Carriers & 71% Bonds Friday's Low * series or High {Abitibi Power & Paper— §A5s Week's Range Last Sale Price Bid & Asked J-J — 4^' ' 1 8 V2 ' i: {Chicago Milwaukee & AGen 4s series , St' Paul— A May 1 1989 J-J ,44% 46% AGen gold 3Vis series B__May 11989 J-J 43% 42% 43% 3 % 43% AGen 4%s series C May 1 1989 J-J 47% 46% 45% 473,4 372 44 % 47% AGen 4%s series E May 1 1989 J-J 47% 45 48 237 45 48 AGen 4%s series May 1 1989 J-J 47'A 46 47 162 45 % 47% 2,359 18% 21% 2,343 4% ' B 1st Ohio & Baltimore RR— July 1948 mtge gold 4s Stamped modified bonds— 1st mtge gold (int at 4% to Oct 1 1946) due —July 1948 Ref & gen ser A (int at 1% to Dec 1 1946) due 1995 Ref & 61% V 61% 64% 352 59% ACouv 63 Vi 62% 216 66 60% D (int at \% to due— 2000 F (int at 1% to Sep 1 1946) due— 1—1996 AConv due Feb 11960 Sep 1 1946) J-D 36% J-D 39% 35%-37% . 393 32% 37% 41% 308 35% Pgh L E & W Va System— Ref gold 4s extended to 1951 S'west Div 1st M (int at 3Vi% 1 to Jan —1950 1959 due 1947) Toledo Cin Div ref 4s A adjustment 5s : M-S 36% 35% ■ * ' 37% 257 32% 32% M-S 37 35% 37% v; 357 32% F-A 27'/a 26% 28 616 24% M-N 53 52% 56% 165 52 56% 4s registered AStpd 4s n p Fed inc tax AGen 4%s stpd Fed inc tax 5s J-J 45 49 : 43Va - ■ " ■;■ 47 47% 49% 282 40% 1951 j-j 65 64% 46 89v 65 j-j 65 64 65 j-d Telep of Pa 5s series B—_—1948 1st & ref 5s series C——— 1960 Beneficial Indus Loan 2%s 1950 j-j %% 103% A-0 130'% 3-D' 100 Bell debentures 1956 —1952 — Vis conv debs. 85 A-O 100 99% ■i .'104% a-0 ref & & 1955 —1966 Union El 1st gold 5s —1950 Union Gas 1st cons gold 5S.1945 {ABoston & N Y Air L 1st 4s__ Bklyn Edison cons M 3%s 1st lien & V - : Buffalo 3 7c A 104% 104 130% 99% 98'/a (interest modified 1946) ■;> f-a 32 34% M-N M-N 37 36 37% 34 33% 37% M-N 37% 36% 37% 177 34 38% 38% 36% 38% 267 33% 38% M-N 37% 37% 37% 10 35% 37% C M-N 43% 41 % 43% 195 39% J-D 26 24% 26% 152 23% 26% 25 % 23% 25% 266 22% 25% J-D 25% 24 25% 117 23 25% 5% 1,311 __1949 Railways 1st 5s M-N 5 4% 44% 4 5% stpd _.i_ 1988 J-3 39% 36% 39% 35 35 1934 1952 1960 1951 A-O 23 20% 23 % 2,391 24% 22 v2 24% 758 5% 7% 1,418 74% 74% 3 *48 — 5s : ' 45 •'■ ' . 103% 104% 8," 102 % Chic T H & Southeastern guaranteed 5s ACertificates of deposit 1st 1 '• 94% 94% M-S i. M-N 7% J-D 2 » 92% 49 47% — 48% 44 % V 73% 37 43% 44% 26 J 203 39% 23% .8 '108% 84 104% ■■■: 104'A 88 19 83% 100 Va 101 ' " ' ■ 6 '7 85% 88 . 105 Va 114% 114% j-d • 84 105 v « 104% 104% • f-a Debenture 44% v : 5 ' >*110% > 38'A a-0 a-o j-J ; 16% ■ 20% 24% 39% 4% 7% 70 75 55 v% 55 Va 4 66% 68% 32 62% 68% 52% M-S 5 3'/a 81 49 53% *42% — 53% 55% > J-J 108% 108% 108 7/a. 49 ' 107% 108% J-J 101 100% 101 15 100 101 1952 J-J 98% 1962 M-S 99% 91% 98% 60 99% 99% 26 51% 52% 92 40% 41 31% 34% 99 % 114 :>>: —' 1st Cin i .. 115%; ;:. 94% 98% 97 99% 50% , gold 4s Cin 36% 15% 39 , 191 35% 63 ' t. 1 16% 529 14% 15% 16 316 11 16 82 3 81 82 61% 63% 14 58 63% 80 A-O 80 6 11% 77 *110% 114 .1993 43 34% 108% 109 % 109% 109% 110 111 109% 111 1st 4s 1991 358 49 22 67% m-n 1950! F-a 1977 51 68% 20 f-a 76% 85 % 85 % 46% 51 46 49 65 *107% 107% J-J 1948 71 __ 50% 48% 50% M-N 1970 76% *84% J-J 4s_____1990 111 76% J-D J-D 1st coll tr gold L Div 40 28% 108'% M-N J-J & M Div 20 145 F-A 1977 series E Cleveland Elec Ilium 3s 39% 82 ' Wab J-D 1969 5s series B Ref & impt 4%s --■' *108% 109% —1993 General General 101 34% F-A —1967 mtge gtd 3%s series E Cleve Cin Chic & St Louis Ry— 88 40% M-N 1st gtd 3 %s D___1971 Term 1st 105% A-O 1952 1966 mtge 3%s._— Union 52 1957 1 5s Cincinnati 84 105% A-O _1943 {AChoctaw Ok & Gulf cons 5s Gas & Elec 3%s 26 109% St 1934 7 23% 1963 _1963 deb 5s. Childs Co 76% " 23 *100% ; m-n 55% 36% 19" 67 *60% 68 Va 31% ' 108% 109 Va w:-. m-n j-d J-D J-D : 3.3% •'••'A '• ' ■ •; f-a • 1,124 1 Union Station— mtge 3%s series E 1st & ref 4%s series D 94% J-D — Chic & West Indiana com 4s 80 80 76 102% %02% 2 Dec 1 1960 1st nitge 3%s series F ' 79% rli '*/ 1951 1st 5s—1960 Income 103% 103% 1951 3%s Memphis Div 1st gold 4s 104% 104 1 101% 25 ;„■ > at 1960 gtd— ACertificates Gold , ' 1952 1955 Bush Terminal 1st 4s Bush Term Bldgs 5s 34 37% J-D . 99% 100% 75 75 Vs m-n 1957 due_ {Burlington Cedar Rap & Nor— § A 1st & coll 5s ACertificates of deposit Consolidated 4Vis paid part 35% 30% 33% May 1 2037 May 1 2037 stpd § ARefunding 100 8 *70 - m-n C—1967 Niag Elec 3Vis series to 32% 40 156 F-A , Buffalo Rochester & Pgh Ry— Stamped 317 34 37% " m-n —1957 1981 B_ Gen Elec 4Vis B 1293'a 7 * 99% 79% c# 94Ta " 1947 ...1950 gold 5s_ 104% 3 100 102% 102% v m-n ref 3s series A Debenture 103% 103 79% m-n j-j gold 4%s series JJ— -1961 mtge 4s scries RR 1960 Alnc mtge 4Vis ser A——July 1970 1st lien & ref 5s series 35% 33 > « 35% 1927 25% •102 •' m-S 1st Buffalo 34 34 of deposit gold 4s__ §ASecured 4%s series A AConv gold 4%s Chicago St L & New Orleans 5s I' •' 101 vi 1011% - a-0 Bklyn 35% 37% May 1 2037 gold 5s ref M-N M-N M-N' {AChic R I & Pac Ry gen 4s 85% 14" 18 > 104 . f-a 1967 1955 1st Bklyn 6 M-N 1936 ref 4 % s Chicago ;___ 1950 1st 5s A C 823^ 3* 85% 104 ■ J-D series II 5s 104 % 103 —1944 Big Sandy 1st mtge 4s_. Blaw Knox 1st mtge 3%s__. M 6 65 65 • 130 % 130% - f-a 1st 5 6 ' Consol Boston & Maine 21% 1987 AConv 4%s series A '• j-j F— 1959 mtge 3s series G—_ 1960 mtge 3 Vis series H—1965 ' 59% "■ • 103% 104 a-0 Consol mtge 3%s series Consol 1987 6%s & A 1st 51% 60 26 33 *44 1st gtd 3s__ 1989 Beech Creek extl 1st gold 3 Vis—1951 2%s A-O 20% ' —__^195l — Battle Creek & Sturgis Beth Steel 3 21% 1987 A 1st . ref 4s stamped F-A 1987 stamped A 1st 47 1987 stpd Fed inc tax § A Secured .. J-J ...1987 A4 Vis 28 1987 __1987 4s AGen 37% Bangor & Aroostook RR— 4s .Jan I 2000 gold 3Vis registered 3%s AGeneral tlAChicago Con 1975 AGeneral 41% 38 % ■: ser _— v {Chicago & North Western Ry— Ref & gen ser Ref & gen , 66 ; 1995 due— 1 1946) % ' 1 AMtge gold 5s series A__ A-0 .<•.• {Chic Milw St Paul & Pac RR— 64% (int at lVs% ser C gen to Dec A-0 F ' 69 % 106% 107% 167/a 1 Series C 3%s gtd Series d 3%s gtd General 4V2S series a 80% Gen & ref Cleve Short Cleve 4Vas Union Line series 1st gtd Term 1981 B 1961 s f 5s s 1973 series B gtd _ A-0 . a-0 1977 1945 f 4%s series C 'v. -j" — 6 73% 73 '/a 77% 78 33 67 Va 68% 63 64% 62% 63% 74 59% 68 a. 71 7-3 Va 75 Va 78 68% ' 63% ; ^ 78 j-d • — : ■. — ' *105 A-O 1st *.' *105'a 107% 73% A-O 1972 -'' *106 ' 3-J 4%s gtd 5%s... 1st *105 ■«<»«» 63% ' ' J A-0 Power 4s 1966 Canada Southern cons gtd 5s A—1962 Canadian National 109 % A-0 California-Oregon 109% 109% 82% 2 83 8 108% 79 109% i 83 Coal River Ry 1st gtd 4s._ Colo Fuel & Iron gen s f 5s 1943 f-a _1970 mtge AColo & South 4%s series a__„™_1980 a-o 5s ! income 1957 J-3 113 112% 113 26 111% Guaranteed gold 5s July 1969 gold 5s —Oct 1969 Guaranteed gold 5s__ —1970 Guaranteed gold 4%s 1955 Guaranteed gold 4Vis__— 1956 Guaranteed gold 4Vis —1951 Canadian Northern Ry deb 6Vis—1946 Can Pac Ry 4% deb stk perpetual- 3-J 108% 108% 109 34 108 Vi 109 Guaranteed A-0 115 Vi 115% 115% 28 113% 115% 115% 115 Vi 5 113% 115% Debenture 114 114%. Debenture 5s 111% 112% Coil 5s trust gold 4 Vis 4Vis For footnotes 4Vis see 114% 114% 114% 4 F-A 112% 112 112% 30 page 1st extl M-S 110% 110% 111 11 110% 111%, Columbus & Sou Ohio El 113% 113 113% 25 112 113% Columbus & Tol 1st 74 74% 69 71% 74% 102 102% 16 100% 102% 104% 104% 102 85 26 3 • 100 80 85 24% 27% 25 % 26% Vz m-n 27% 27% 276 M-N 94% 94 94% 84 A-O 94% 94% 94% 2 !3 95% J-J 91 % 91 91 % 98 88 91% *27% extl gold 4S..1948 3%s 4s_ A-O __1970 M-S 1955 __ F-A __ *109 92 % 95% 113 109% 109% *112% .. 18 108% 109 % 112% . 112% A Commercial 2 104% 104% 3-D 97% 98% 32 95% 98% 1st —_—1960 3-J 92% 93 21 91 93 Conv 3-J 99% 85 : 1961 3-J 3-J ;' ...May 1952 deposit deb 5s 5s._ H V ; Apr 15 1952 of & E & 1944 1954 456. G Columbus M-S equipment trust ctfs__ trust gold 5s trust J-D ACertificates Columbia 1946 ; Coll Collateral F-A 113 *103% Income Mackay Corp— deb w w Apr 1 1969 May 63 63 50 111 111 1 110% 111 110 111%. 53 108% 111% 58 Commonwealth Edison Co— mtge 3%s series I debs 3%s 54 63 1 1968 J-D 1958 J-J — 111% THE COMMERCIAL & FINANCIAL CHRONICLE 454 NEW YORK BOND York Stock Last Interest Exchange or low Conn & Riv Pasump Stamped gtd 4%s ;— 100% 100% 108 ) 103 ( 110'A 111 , F-A 10 'A 110'A 110% 110% . 3'/as 3'As jAConsol Ry 24 102% 30 105'A 105% Omaha 107 107'A 19 106% 107'A. St. Louis Div & Term 107% 107% 2 106% 107% IO4V4 104% 16 103% 104% 31% 3 5'A 107% j-j j-d 104% . i j-j ADebenture 4s__— 1955 4s__._—________—1956 j-j !, j-j ——I960 *32 Coal s f 5s_ Consolidation 33 32 92% mtge 3 Vas_.—_____ 1965 1967 M-N 1st mtge 3%s——_ 1970 M-N 1st mtge 3%s——,— 1966 M-N 1969 M-N 1st mtge 3'As..— Crane Co 2'As S f debs. * •' ;. 101 101% 1950 A-0 3'As s f debs_;-A 1955 j-d 95. §ACuba Northern Ry 1st 5%s_ 1942 j-d 33 % Crucible Steel Western Lines 1st gold 4s, —1951 111 Cent and Chic St L & N O— / '■ ■ 1 j-j receipts >; j-d Interlake Iron conv deb 4s—1947 101% jAlnter-Grqat Nor 1st 6s series A_ 19.52 27 28 I 10 38 39% 7 30 30% 36 36 j•, A Adjustment 6s, series A Publishing Co 3s deb—i.1955 Curtis , series 5s «.••• 1st mortgage / •'/V■ / A-O 96% / ref 6%s & ''Debentures 5s_-J tAIowa Cent Ry 1st & ref 4s_ I,,: 108 105% 106% 10 108% 70% / 2% 21% 24% 22% 25 25 24% 25 23% 83 ' 5% 4% F-A 43% 4 Va 4% 117 A-0 211/4 19% 21% 381 8 v2 8% 8 78 A Certificates' 5% 3% 60 • 5% 80 . % 3% 1 4% 18% Ft S & AK C 21'A of Kansas City Southern Ry 1st 3s__tl950 : /;■'■'/ :.V j-j ms , ' ' . A-0 91 91 ■ 4? • _/ ; 89 4'As & Ind Term -Stamped 112% 111% 1961 1961 - {•/'/•',? PlaiU; 4'As unguaranteed Kings County El L & P v Kings CO Lighting. 1st 5s-.w-.~- 43 43 4 28 % 30 15 26 32 86% 88% 19 85% 88% 102% 102% 14 102% 103 I Koppers Co 1st mtge 9 106 '/a 107 f Kresge Foundation 3%- notes——_1950 t A Kreuger & Toll 5s ctfs 1959 1st M 3'As——_—1965 93 95'A 97 63% 67% 111 66% 71 109 1% 67% • 197 70% 11'.' '/ 2% 48% ' 96 'A 88 7,-/7 27 7 77'/l° 49% 95% • 7 < 2% 88 ./.,, e6 % 50 7 94 96 ;77- 5 . 74% 73% 9 ■/ •//■i 64% 65'A 86 369:// 69% ■ ms a-o 107 '' Uv V' j-j 'J !' ' , 110% j-j . 107 26% 26% > 109% 110% 106%/ 104% 19 105% 106% 109% 8 ■ 1st & ref 6'As ; 26% 23 4 , 43 40 i 73 73 % J-J 88'% Duquesne Light 105% 92 -3' 97 74% '•■:• / 67% . j-j Kentucky 91 111% 1 1st 4s——-^-1960 City Term -i" ADul 104 1047/o / 17 66% • 65%, j-j Kentucky Central gold 4s——1987 29 1961 1950 3'As—.1962 Sou Shore & Atl gold 5s 1937 %'7 •■;/• A-O Apr 1950 5s impt Kansas • i. 5 112% 112%; ".'iAw- M-S Ref & m-n Range Ry 103 37 93 , 46'A 38% ' a % 88 74% 73% 62% 7 99 7a' 61% 61 65% ' / :% / j-d deb 2'As—— 203 , ' 73% ( deposit j-d Chemical 46'A 103% 104 2% 7".'88 A-0 ref gold 4s_1936 .1995 Miss & Iron 31% 70 95% / A-0 1st gtd gold 4s__1990 M Ry gold 4s 1995 Dow 23% k hi & Mich Kanawha ; j-d Dul 278 96 7 ,.49% J-J 108% 490 23% & ref 3s series H————.1970 4s_— Detroit Term & Tunnel 4'As 31% 31% ' 7 67% iJ-D ; 196% & gold 23% 92 ' 97 12 6% 323 12 105% 105% '/'■• .■ 32% 1,644 31% 44 % *' M-S 1961 Gen ASecond 102 104 24% 27% "!•; 45% F-A 1959 Gen Detroit & Mackinac 1st lien 101% 904 108% 1 108'A 108% "• ret 104%. 103% 4' 32 % 9% ' F-A 1951 James Frankl & Clear 1st ,4s_ Jones & Laughliii Steel 3'%s 58% 56% 30 24% j-j plan) Apr 1978 mtge 3'As series G—1966 106% 105% 106% 106% : F-A JADes M & Ft Dodge 4s Ctfs 1935 tADes Plains Val 1st gtd 4'/2S_—1947 Detroit Edison 4s series F——-—1965 2 108% 108% ' V tADenv & R G W gen 5s—Aug 1955 to 26% 104% is 108% ' j-j j-j {subject 24% 27% % j-j 1955 — 28% ' M-N —1947 & Teleg deb gold 4'As—1952 88% 82 V 108% 103% 103% 30% ,"12'"/ M-S lien ' 21 104% 104% 103% / ■/: J-J 1st •""■■7p; *101% 102% A-O A-0 1944 Int Telep 424 57% j-j 5s series B 51% 46% 26'A / 30% 28% 58% 58% j-j 4%S——————1969 & impt 88% 26 j-j 28 - —— A Assented 88% 47% 43% ■ *108% 1956 26% 101% M-N t§ADen & R G 1st cons gold 4s___1936 gAConsol gold 4'As—— ,__1936 A Ref 46% 30 40 106 % 106% 106% j-d Light 1st 4'AS-J1971 1969 4'As /," 45''-r 62% 492 284 51% i j-j Dayton P & L 1st mtge 3s 1970 Dayton Union Ry 3'As series B_—1965 1st & ref 4s—.1943 ref 49% 53 66 ' Delaware & Hudson & 48% 7 15 66 46% ; D 1st ■•;■; 63% j-J .Ref sink fund 6s series A—1955 Int Rys Cent Amer 1st 5s B_: _1972 | Delaware Power & 95 51% J-D Internat Paper 5s'series A & B__il947 : \ •97% 26 J-J 27'A 97'A 53 1956 3 97 49 52 A-O - July. 1952 Bn gold,5s series C__ Internat Hydro El;deb 6s 38 97'A A-0 1st %• A 1st i " ' Inspiration Cons; Copper 4s—_.^—1952 ; . 26 28 * 45 47% 26% j..„ tA 26% 42 88 % t ) 33% 28 58 13 24 j-j 108% 27'A *36 j-d • receipts——_i.—— 62% 16 j-j 108% 30'A 27% 27% ___ —— extended to———1946 B ADeposit • / A-O ■ series A6s 62% *79 Inland Steel'1st mtge 3s series F„1961 1 66 49 ^1950 108% 38 63% * 45 ms 39'A 30 *36 60 46 52% Ind Union Ry 3%s series B____—1986 95 39% % 39 /••!-': ;■ Louisville 1st fAInd & I '■ 32% 28 56% 42% 48% ■ gtd 4s__i__1956 1st gold 4s— Ind III & Iowa •' 93% 27 8 66 62 , j-d 111'A- - ■'. 55 341 85 43% 45 1963 110% 101 59% 49 F-A 1963 110% 5 95 33'A . ref 5s series A_— .1st & ref 4'As series C ■■ 44 94.. 33'A 28 ■ receipts.——...— ACuba RR 1st 5s gold 1952 ADeposit receipts——.. A 7 'As series A extended to—.—1946 Joint .1st .v 109 37 high , ■ 107% 101% I, January low No. 46 64% J-J .. " ADeposit ADeposit Springfield Div- 1st gold 3'As__—1951 ."I 1.108% 108%. 58% 62% ■ . J-J 109% *107% 107% J*'. . Range Since Sold ' -F-A 1951 3'As— .4 110% 111 1 J-J 1951 108 'A 110% 110 '' 3s„_ 5 *1081/2 108% Af-N mtge 3 %s_—;——— Bonds high 43% 66 J-J % 1st 1st gold gold 3s.___1951 • 96 .92 47 94% Range Friday's *82 J-J | | 35'A 92% 1st 45% J-D j 3 5'A 36 Div Gold Co— Power Consumers 1 35'A V *32 j-j A Debenture 35 *32 104'A 59% f-a Louisville Div &-Term gold 3'As-1953 i. 103% 104'A • M-N ' __1950 ' * Litchfield Div ^st gold 3s____i__1951 105% 105% A-O 4s__—1954 deb non-conv Cairo Bridge gold 4s__ 103% A-O Consolidated Oil conv deb 3%s_-,_1951 1955 4%s__—1966 40-year . . 107'% A-O ——.—1946 debentures-,,-—r--... 1948 debentures 1956 debentures.... :—1958 debentures 3'As 3%s or Bid & Asked ; Refunding 5s ■.' I Consolidated Edison of New York— " Last Sale Price " Illinois Central RR—(Continued) < 108 108 100 'A 100 Period low *108 A-0 ' Week's Friday Interest Exchange high *112 ' Stock Week Ended Jan. 29 O j -j River Power s f 3%s A—_—1961 Conn ' low no. high New York ! January 1 Sold \, j-j 1943 :t___1951 :__1951 1st- 1st & ref 4'/as Conn Ry & L BONDS Range Since Bonds Friday's Sale Price Bid & Asked Period Week Ended Jan. :ii) RECORD Week's Range Friday BONDS New Monday, February 1, 1943 . v\:; ,./'-, j-j a-0 , 109% 111% 111% 46 46 / 1 ■ ;:"''7107% M-S ;V« M-S f7\. • •' .. " - 105 105 107 107% 102%. *2 13 105% 107% ■;77 ,20 101% 102'A 1% 1% 99% 100% ;7 ■:'7 106% 107% 102 102% 86 % ■ w^, • ' •' 77 107% 107% ms V. *105% 7 :'r . . }'•-}. *170'A 174% v. ; j-j ; 85% 5:;-' . )j\ *82 —1961 . ...,. 74% 109 15 v> : 86 *93% j-j 3%s~ •■/;/' J'/• 50 85 . .■■■/ j-j , / - *46% k." j-j ; ,—1954:. — *111% ■' 69% 113 , 109'A 109 % r '' j-j ? 1961 --1997 1954 73'A 5 /v7;/'fi:7; 7 110% E 4s__—1948 East Tenn Va 1st 5s——1956 Ed El 111 & Ga Div M-N 1st cons gold 5s_—1995 (NY) .1950 Auto-Lite 2V4S debs—— Elec ■/'' A-0 Ry Minn Nor Div 1st East j-j .. j-d Af-S A-O ————1965 A-O stamped.; 5s Railroad Erie __ *103 77 5 71% A , :—^.—1947 gold 3%s——1997 j'd ;• 71% ' 1st M 4s series B————1995 cons A—.2015 AGen mtge inc 4'As series , 1st Div Ohio 1st 4s___—1947 RR extl Y & Erie N .—1971 3 As mtge 94% 58 j-j 96 57 95 M-N 58% 94 .■' 233 55% 58% 99% 4 99% 99% mtge income reg.j———1975 Dec & Rub 3s deb——1961 Tire ref & A 1st of 100% 101% *78 ' ^ 32 99 24 25% 2 392 19% 20% 1982 M-N 1956 j-d 1956 M-N /; 4% 4% deposit Sugar coll trust 6s 4% *4'A ■./"w*-rr 40 4% 4%' 80% :h>r0. Steel . "7 81'A 80% 81% fAGeorgia & J-d j-j 98'A 98 J-J 20 19% 1934 F) (B 1 w w J-d 1946 4'As 1st deb 5s Gotham Hosiery j-j 1956 tJSAGa Caro & Nor 1st ext 6s Goodrich M-S ■" '.; 36% " 106% , ' ... . 98% 31 98 5s' stamped—^—/——1974 Harbor Term gtd 5s— 1954 1950 Lehigh Valley N Y 4'As ext— Lehigh Valley RR— ,7:'/ // / / -z 4s stamped modified— 2003 4s registered— ——2003 4'As stamped modified —2003 Z A ,'. 4 %s registered—— 2003 9.9% 20 27 19 21% 36% 7 106% 107 *99 ' 100 10 30 4'As Northern —1947 v;':- :'v j-j 1952 A ;■//:' J-d .—1961 j-j 1973 series j-j General 5'As series B— General 5s series C—— General 4'As series D —1976 ' 105% 87% 1977 1946 j-j 1946 j-j-/A-/ series G_: Gen mtge 4s series H„ Gen mtge AGreen 33As series I——1967 99% Bay & West deb ctfs A_ A Debentures Gulf 1st Gulf Mob & 1st 5'As B 1st Nor & & :' /.: 1950 mtge inc 5s Geries A 105% 106% 109 • 109 %" 102% Term Gulf States Steel M 5s 92% f 4 As s Gulf States Util 3'As 1961 series D——1969 89% 83% 83% 99% 99% 99% 99% 66 99 999i 79% 80% 67 75% 80% 10 ■ "A- 93% 70 10 10% 93% 65 • 93% 88 100% 65 15 9% 10% ' 1 91% 89%. 90% 69 87% 90% 72% 72% \ 2 69% 73 57 59 'A 48 54 *67 . Hoe <R) Co 1st mtge 1944 *95 A-0 102% 103 % 102% 103% 110% 110% 110 110% '>-/ 128 Coal j-d Hudson Co Hudson & „ M-N Hudson . 1st Gas s f 1st 5s series A gold 5s Manhattan 1962 —1949 1st 5s AAdj income 5s_. A 1957 Feb 1957 103% 42 M-N 8 99% 100 18 81% 1 127 98% 80 103% 103% 7 103% 43% 170 41% 41% 128 50% A-0 Central 1st A 23% 47% 21% 51% 389 24% Collateral For J-J trust footnotes J-J 1951 lines '34 :.36 %' : 34 39 59% J-j 102 319 102 % *97 — *88% 46% 19% 51% 24% 11 101% 102% *88% *44 98 94'A M-S 98 ' 94 A-O 1951 31% 34 35% 40% 60% 23 55% 60 % 106 106 i Af-S —1944 1951 Louisiana &.Ark 1st 5s series A—1969 Louisville Gas & Elec 3'As——1966 Lou & Jeff Bridge "Co gtd 4s 1945 106 m-n 1949 1949 .1949 A-0 Long Dock Co Long Island unified,4s '1-Guaranteed ref gold 4s 4s stamped— Lorillai'd (P) Co deb 7s— ,. / 5s debenture—— : • ms ■' . ' F-A — 115 98% 98 VH 99% 5 98% 99 % - -a—•* Nashville RR— / series B__————2003 series C——_u—2003 ref 4s series D__— —2003 ref "3%s.series E 2003 Louisville V 1st & 1st & see page 456. 121% 110 121'%: 87% 83% 109% 109% 104 109% 109%:. & 1st & & ref 5s ref 4'As 1950 :* Unif mtge 4s series B ext——1960 Unif mtge 3'As series A ext A-0 ' 103% 104% 104% A-O 97 A-O 97 96 *90 * A-0 104'A 19 103% 104%; 41 94% -1/ 86% 87 88'A 91 % 87 73 65 __ ■' 87 103% 104% 2 108% 108% 105 105 95% j-j 82 82 20 78% 17 94 82 *105'A 110% m-s A 95 " **110 M-N , 95% 110 — 0*%< 110 M Maine Central RR 4s series A—— .1945 .1960 Gerr mtge'4'As series A— ' 84% 88 J-D 47'A 49 51 47% 49% 51 52% 15 49% 52% J-D Manati Sugar 1957 M-N 1953 — (South Lines) 4s_—. .1959 & North'3'As——_—— .1941 22 87% 88 52 AT-S 4s. sink fund—Feb 1 Elec RR & I.t s f 5s 1 western 1st gtd Steam Shoyel s f .1947 6s— "32 M-N "21% j-j *39 *102, A-O • A-O Stamped §AMarket St Ry 7s series-A__Apr 1940 68 Q-A 1955 A-O 105 J-J 107% *99 39 — 39 102 — 103 102% Q-A 1945 A-O 54 41 54% 50% 50 51 399 47 51 Metrop Ed 1st 4 'As. series D 46 45 46 58 43% 46 Merop M-N 51% 50 51% 145 46% 51% fgAMet W Side EI: (Chic> 51% 91% 10 *104% 105 ms j-j 52% 97 108% 108% j-j j-j f-a M-N 54 85 103% 104% 3s——1980 Mob & Montg 1st gold 4%s__ —1945 South Ry joint monon 4s——1952 Atl Knox & Cine Div 4s— 1955 Louis Div 2d gold (Stamped mod) ext 5s McCrory Stoj'es deb 3%— McKesson & Robbins 3%S__ —1953 - 67 *104 Af-S 109% 3 ■ 83% 821/8 ■ 99% 36 109% 109% 83% M-S 107% * v*121V4 — 115 105% • 106 .'106 109% Z"'. /.:/'■■ j- J , 104 AvA/'V /%I;-V*98 99% ' 99 99 % ''•'./Ai'';/';'''''99/Z 99 • A-O ms - *114% 117% A-0 1962 3%s ext to——1950 L'ittle Miami gen'4s series' A 1952 gold 4s 36% 14 121 109% Ry ext 1955 3'As_— 33 32% 121% modified--————2003 1952 gold 4s 35% 28% 403a 34 34 29% 21* 260 121% Manila RR 102 .1951 3'As Refunding 4s Purchased 1981 i951 — gold trust 293 33 *121% Marion gold 3s sterling Collateral 34% Jg AManitowoc Green Bay 2%s series gold 3'As 1st 33 32% 735%/ M-N 43% RR— gold 4s 1st Extended 34% 33 104 I 1st 68 82 T Illinois 59% 113 59% ' Af-N A Manila Illinois Bell Telep 47 46'A F-A 100%' *117% 120 f-a 44 52%: 45% 58% Liggett & Myers TObacco 7s——1944 .,/' ,5s' debenture-— —1951 Z 128 81% M-N 68% 59% J-J • 109% St J-J A-O 70 66% 67 *106% 1st J-J tSAHousatonic Ry cons gold 5s„_1937 Houston Oil 4'As debs 1954 67% 17 — 66% : 45% F-A 87 11. 69 *66% 67 Paducah & Mem Div 4s—^A-1946 ——1999 67% '68 46 86 12 71% *109% 109% H Hocking Valley Ry 1st 4As 44 % A A-0 59% 58% M-N .. 87 87 93% ■"•'■• 7"' ; ■ / 87 j-j 87% 88 '■>/'; *86 f-a 60 96% 10 76 J-j stpd—„1952 8T' M-N Ship Island RR— ref 87% *100 A-0 106% 41 87% *66 A-0 J-j 10 96% 87% 65 A-0 2015 ; 1950 1975 mtge 5s series C— 1 99% 100% :■ Feb ; 109%' 80% , ■/■•'/• Feb B Mobile & Ohio 4s series B AGen Gulf ctfs *94% 109% 86% 88 100 J-J 87 % 5s——1951 Lex & East 1st 50-yr 5s gtd———1965 Libbv McNeil & Libby 4s 1955 5s stamped Leh Val Term 107'A 95 General 4'As series E ■ : J-J' General mtge 4s 96 40 ? 36% 106% 99% •«" ' 1st gtd 5s__ Grays Point Term Great 96 94% ' —Oct 1 1945 Ala Ry 5s 81% 95% 30 „ '',;" 1949 5%s_ Castings ,///•, 1949 Elec of Berg Co cons 5s Gas & 75 F-A • G Gen 78 53 1974 ref sink fund 5s— Leh Val ; 102%, 102% 82 45 f-a 4% 4% 4%. . '102 1954 ref sink fund 5s & 63 82 5s 1st 52 81% 'stamped--—i——.——-1954 '7,1st & ref sink fund 5s_/———1964 5s stamped— 1964 25% ■ 5s 1st & 44 79% 87% / 82 62 79% m-s /// 81 20 % 24% 76% 87 80 j-j y ,• ■•/ stamped———1944 ' • 80 83'A 5 j-j a-0 /•••/•■. 101% -■"■■■ i-":. 79'A — Machinery Corp 3s debs Francisco M-S ' , ;/:/'.' 99% 1 82 60 60 A———1965 1 of claim)— Certificates A deposit— Johns & Glover RR— §A2-4s;i (Proof Food of j-d 1974 5s series A— A Certificates tFonda 101% j-j 1959 t Florida 100% 27 87 • Lehigh Valley Coal Co— M-N 1943 Central & Peninsular 5s East Coast 1st 4'As XA Fla 89% 82 96 Lehigh & New Eng RR 4s 99% 89% 87% 87 ; Lehigh & NY 1st gtd gold 4s_—1945 M-S 87 68 . Lehigh Coal & Na<\s f 4%S A—.1954 • Cons sink fund 4%s series C——1954 , 142 89% 99% 100%- 100% j-j 3%s registered——1997 Ltd— . a 1st 96 / *io6%v— • 92% F Firestone to j-d ' j-j 89% RR;— Lautaro Nitrate Co Co— 88% 27 87% f~ A Lake. Sh & Mich Roy 73 65 .—I960 5%s. series D_. 5s extended at 3% 102%' 64 . f-a ref 100 A-0 ref 5'As series C—^1953 & Lake Erie & Western 101% -102% 73 71 /•: 100% 10 103% 70 73 > 99% 100% 88% extd 5s——1945 & Laclede Gas Light 107 104% 101% 101% '/'■ 1st 5s——————1965 El Paso & S W 107 103 Coil Coll 107% *145 : ■ Elgin Joliet & East Ry 3'As—;—.1970 *107 104% 104% ' * Wat Sew & Drain - 5'As— 1956 1960 A-0 4s—_ 1938 F-A 89% 92%' 92% 90 ; •' 4 105% 105 % 107% 20 106% 107 % 111% 112 - M-S 1950 92% 105'A 105% % 6 111% 112 90 1 107 90 *6% 8% 84 90 & FINANCIAL CHRONICLE THE COMMERCIAL Number 4147 ■Volume 157 455 . NEW YORK BOND RECORD Last Interest Stock Exchange Week Ended Jan. 21) Sale Price Period » Bonds Bid & Asked Sold Low A 1st . 30'A of of gold 5'/2S 1st & ref gold 5s of ACertificates of Certificates a Niagara Niagara Share <Md; deb 5'As 12'A Norfolk Southern 1st 2% 4 3'A 18% 459 17% 94 17% 17% 17% 104, ' J-J 6% j 3% 5% 6% 68 4'As mtge V'. . 15%.. : 44% 43% 44% J-D J-J 42% <" 42% 44 J-J 36 35% 36% .1978 J-J 37% 37 491 38 21% 22% A-0 1967 A,__Jan 166 35% 38% 211 22% 19 j-j M-S "115 1974 M-S "110% A-0 "106'A ref & ref 5s & gen series A 4'As of deposit lien ry & 49% & 72% 78% 74 74 74 % 11 69 74% 44 % 43 '/a 44% 114 42 45 ——2047 A———2047 2047 2047 2047 Q-A "42% 43% 40'A 42 53% 54% 150 50% 54% 68% 327 66 '/a 68% impt 4'As series impt 6s series B impt 5s series C 43'A 1,930 35% 43% Ref & impt 5s series D 43 83 35% 43 834 36% 7 35% 8% 1,358 5% 8% 42% 38% 43% 1,053 3 6'A 43'A 1,161 35% 12 38/ 40 4 3'A . ■ t 9 6'A 58 91% 18 45 103'A 103'A 6 101% 22 111% mtge 1st 111% 110 mtge 3%s 39% 39% 40% 38% 34% 3 4'A 34% 137 112 31% Steel Otis 1st 105% 27- 103% 52 101 'A 102 103% Gas 103% 101% 102 104'A 106'A 103% 104'A M-N ■ 7 . 1st & 10 M-N 123% 44 70% 117% 118'A .2 123% 123% 123% 123% 80 78 88 19 . 109% 12' 88% ; 73 - Rel A ser 80 83% 5 106% 107' 80 % 47% 41 41 47% 46 35 45% M 46 •50 57'A 54% 19- 54'A 56% 54 55 55 55 5 53% 53 54 52 49% 51 1 44% 51 59 56 59 181 52% 56 56 14 47%- , 48 50-.. 56% 51'A Pa 110 107% 108 16 106% j-j 99% 100 36 99% 55 1961 1966 .—1970 J-D ——1971 J-D 53'A 336 54'A 99% 113 99.% 50% 684 47% 2013 C'onv secured 3'As A——J—,*1952, Y Cent & Hud River 3'As 1997 3'As registered 1997 Lake Shore coll gold 3'As— 1998 3'As registered-.——-——1998 Mich Cent coll gold 3'As— —1998 3'As registered,,,,————-1998 55'A 55'A 205 52,% M-N 75 70% 75 595 67% j-j 80'A 80 81% 93 75. 6s N 73% 74 30 69% 74 f-a 45'A 55 42 53 13 27 50% 50 85 :77% 80% 66% 67%- 354 100% 101% A 28 • N Y Dock Conv 5% N Y N Y lien Y N Y & & West A—19|3 4'As series B, 71 86 2 se 102% 109'A 109'A 1- 109; - - t> 109% 117,%' "112 112% 111% 63'A 68 . . 63 . ' 64%; 67% "101% j-j A-O 70% 117% 103% 103% 106% 107% 101 2 103 104 104 104% 104% 11 102% 104% 105 104% J-J M-N F-a 1965 J-D ,1968 10 102 105 20 106% 107% 69 9 8'A 103% 105 107'A 107% 102 103% • ,, "■ series series series A— B gold 4'As—————1970 1981 — 1 100'A 100% 109% 109% 12 108'A 109% 109% 109% 21 108 100% 100% 109% 109% 92% 44 88% 92% 121% 121% 121% 8 119% 121% 104 103% 104% 105 101% 104% 108 109% 91% 92 J-D Conv 108% 109'A 28 89% 130 A-O 92% 91% 92% A-O 98% 97% 98%. 64 J-J 98%, 97% 98% 52 93 92% 1952 i. • • & & ext Union 1960 A-O Apr ^.1974 B— J-J ,1956 , 93 9 6'A 98% 95% 98% & Wash ; ,1980 1952 lsfgold 4s„—1943 153 7 90% 111% 47% ■ 48% 37 44% 6% 48 7% 24 5% 110 93 111% 48 % 7% "106% 60% 72% 79 69 77% 70 43 64% 70 60% 61 168 57% 61'A 104% 105% 102'A 102% 77 . J-J M-s 93 111% F-a Ry 5'As 1st series A 5s—__1956 series Bait ■M-S Apr 1990 4s_^„• Pekin Marquette 4s 4s Eastern AIncome A-O 1947 3'As— deb series 5s gold B 4'As —,1974 series 4'As'Series C— 66 55% ref & 2%s__ ■ 79 105% 105% J-D M-N "102'A F-A 8 "118% J-J "112% 113 — 60 6 8'A 135 15 110% 111% 102% 102% 86 102'A 102% M-N 36% 22% 23% 75 20% 9% 9 % 9% 156 8% 105% 105'A 5 "4% j-j j-j 105% 105 10'A 105% 3% 5 °3 1951 debs 37 23% 22% —i. deposit l%s 100 110% 111 M-s Petrol 96 99% 100 111 1949 ACertificates. of 110 100 J-D 2 112% 108% J-J J-j 1 118% 111 5 M-s 1973 t§APhilippine Ry __ 118% 109% 110 J-D 1971 mtge Stamped 64% 31 68 'A 1977 —^1981 D tAPhila & Read C & I ref 5s_ Phillips 5% 104% 105% 105 105'A 110 111 5 105% 105% 118 " 35% 35 32%. 33.% A-O 34% 32% 34 % .1955 J-J 35% 34% 36 .1956 M-N 35% 34 36 .1956 J-J 32 33 .1948 J-J 40% 39 % 40% .1940 A-O 52% 51% 20 35% 33% 53 a Non-con v deb 3%s_,— .1954 ■ .1947 r ■ .1957 M-N .1967 J-D 9% „ 9 37%' 38% "• ■ V ' : 15 • 3% 33, 233 41. 9% 27 182 Seri is F 4s 36%. Series G 4s 3 4'A Series H cons 37% 97 36% 41 Series I 49,% • ,10 38% Pittsburgh Cine Chi & St Louis— Series D 4s guaranteed , 34'A 32%: 31%: 68 • 36 % 33% 31;% 10 • . -3L7b ■ 53 Series J 8% 1 Series E 3'As gtd 10. Gen 36%. ' 39* Gen gold! guaranteed- gold guaranteed guaranteed 4s cons cons 1945 1949 1953 "111 1957 1960 M-N "111% F-A "112% guaranteed 4'As—1964 1970 1975 M-N 93% 93% M-S 8% 8% 8% ; .1955 J-D 3% 3% 3% .1993 A-0 .1965 M-N 110 110'A J-J I, "105 34 105% ; 9(PA 6^4 ' 43% 203 67 • * . • 44% 24 ; 2 95 2 ' 41% 1st 4 44% : Pitts 1st 4%s a mtge 4'As mtge 4'As series B Va & Char 1st 4s gtd __ ,, .1958 1963 J-J — : 107% 107% - ■ 24 ■ — 119% 107'A 107% J-D a-o 107% 107% 102 1952 M-s 1950 J-D 1950 1943 J-D J-D 120 105% 107% 6 105 107% 53 100 103 % 12 M-n 1958 119% 119% "120 102% 102% 96% 6 95 100 2 99 100 99% 100 96% 8 99 100 55 96 100 96% 58% 58'A 25 1st mtge 4'As series B 1959 a-o 58 55% 58 26 53% 58 106% 1st 4%s series C 1960 A-0 58% 54% 58% 92 53% 58% *110% Pitts & W Va 1st 4%s series a 58% -55 ' • 1 — 105%' 105 % 110." - Pitts Steel I'Z "120 1977 series C •Pitts Coke & Iron conv 9% F-A M-N J-J ' .95 .1954 .1992 105% 105'A M-N F-A J-D ——,,1963 4%s mtge 5s series a mtge 5s .series B Gen. 4%s t A Harlem River & Port Chester- 102% 57% 57 103 "103% 105 J-D • M-N AConv deb 6s__— M-S 3%s_,__— 456. 70 100% "103% 102 Philip Morris Ltd deb 3s. .r—,_:—1062 1st s i 4s^—1937 112% M-S deb page 67 75 117% . 118% M-N Philadelphia Co coll tr 4'As——1961 Electric 1st &' ref 3'As— ,1967 117% M-N .1947 ANon-conv see 103% 6 70% 106% 107% sitiking fund 4'AS——•——1960 5s 1st 117% M-N' ' footnotes 15 102% 69 J-D 1943 —1948 "Phila ' •' 117 IN Y New Haven & Hartford RR~ For 105 102% — 70 102 70 F-a A-O -General „i' AConv 104% M-N C—_,—1970 3%s mtge General 108 d- 108'A "30 A; 108% 108'A1 f-a ,,1943 NYLE&WDk& Impt 5s 70 F-A May 1 1948 4sj— stpd dollar,, General , -M-N , "103 M-N 87% j-d 19.73 ; 105 M-S ,1981 4'As Phila 102'A es¬ • gold.4s.;—____—1949. 3'As———2000. 4s series 101/ 101; 58 a-0 Harlem gold Lack 100 35 71 • fc Erie—See Erie RR Purchase money N 102'A 4-0 Gas El Lt H & Pow gold 5s_—1948 109'A 5s_1949 cons gold 4'As-series C Phelps Dodge eonv 3'As deb 68% 86 70 f-4 ^1966 109'A 109 A-O 1st 101% •: 68% 4-0 ref 3'As series E gold sterl Peoria 80% 64% 100 - . 8 V 100'A 102 102% a-0 3'As series D_———^1965 & 100 J-D —1965 -1951 --a—--——1947 notes Y Edison 1st N 67% _ 108% 2 103% 1st 80 101'/8 gold 4s—L.: 6 109% 109'A 107% Pere 4-0 M-S 1st 98 109'A 109'A F-a Peoria • • A-0 RR 3'As A 95% J-D 1955 Peoples Gas L & C ref 5S 52 ? 47% 51 48% 79 a 52 48% 52 f-a 3'As extended to—_—1947 —— —1950 mtge 98 % 11 A-O M-S General 4'As series D_,_ • 51 51' 1 50% 51 f-a f-a debentures. 9 6'A 55 —1978 Y Connecting 95 8 98 1944 Gen-mtge 4'As series E—„„—1984 81% j-j ————1974 103% 97 F-a Debenture / A C 103% 103 , 26 J-J .——1963; General 75 ' series 109% 103% J-J ref 4'As A_—1977 1st & General :55% series A_ 109 1 ' 103'A 103% 98'A Light 3%s_———1969 Gen' 50% 54% 4'As 111% 97% debentures_l956 6s 4-s— Consol 99% 99% 49% 5'As 112% 110% F-a —I960 Pennsylvania RR cons gold 4s__ 54'A 51% 50'A 1st 92% 111% Corp— 4s deb Power & Cons 99% Ref 1 16 109% 109% 103% 4%s- debentures———.——1974 a-0 At 109 % 100 25 95 "109'A 110 J-D ,1966 gold 3s loan ctfs Pictures Ohio & Det Penna 4-0 Chicago & St Louis— 110'A 110% 112% 95 112 111 J-D 1938 • a-0 York 110 . Ref & Ref 6 110 V4 110%.111% J-D 4%s series B "100 ■ .109'A 109% 109% Pennsylvania Glass Sand 3%s_—1960* 54% ■ 1 54'4 107% 110'% series E trust ctfs———1952/ Secured 56 F-A 100 106% 7- 106% 106% J-D 3'As series i & Passaic G & E Gtd 4s 59 56 170 —- j-j 104 100 — 109% 1964 P L 3s B— Trans Paterson 54 51 7-o 110 102'A 27 100% J-J Pennsylvania Co— Guaranteed 3'As trust ctfs D__,1944 57'A" 54% 52% 56% — 107 8 109 J-J 3'As series C^ ,1966 1st s f gold 4%s—1955 -f s Parmelee 85'A 56% f-a 109% 0 CO 107'A 88 108 54% f-a 107% J-J & 111 Paramount 108 7 85'A 46 7-0 1( 81 109% 102% 102% 102% J-D —1946 gold 5s ref M 3s series K mtge 1st , 88'A 45% a-0 13% 106% 1961 1962 mtge 3%s series H Panhandle East no'/s „ 6 83% 85'A 12 35 1946 4s series G— ref mtge Paducah 4s New 112 "104% Pacific Tel & Tel 3'As series B_ 107'A 107% 108 A-0 J-D J-J El Paramount Broadway 80 88'A J-J 49 13% " 77 109% 110% A-0 "107 M-N ,1945 5s §A2d ext gold 5s 73% 17 - J-D SAPac-RR of Mo, 1st ext. gold 45—1938, 74 73% "74 F-A J-J 70 74 73 118 109 "100 1st & ref mtge 3s series J 118'A 73'A 73'A J-D 1st Co & ref & 1st & 117% 118'A 74 j-j'. J-J 118% 3 118% 118 % j-d impt 5s series C 110% "107% 108 109 F-A " "92'A .11 ■ 1st mtge 4'As Coast 1st 106 'A 103'A 103% 102 106 13 J-D Guaranteed stpd cons 5s 71'A 103% 4-0 10-year 3%s sec s f— __,19£6 impt 4'As series A———,_2013 109% 1113,6 — __ 112% 68% 121 % M-S Newport & Cincinnati Bridge Co— i" General gtd 4'As— ———1945 N Y Central RR 4s series A——,1998 110% 107% 108 1943 gtd 5s_, RR & Pacific 71 3%s 1st Oregon-Wash RR. & Nav 4s—_, 34% ; N 13% 107% M-S J-J Nav con gold 4s_—1946 Ore Short Line '1st cons gold 5s__,1946 Oregon 109 % 112 112 70'A 71 J-D 1954 "101% .—,1946 F Transmission 38% 109 "109 % 112% Elec & debentures— Ontario 40% 35'A 65 deposit deposit "111%. M-N — Power 89 37% ' 119 37% -A— series A,— "110 M-S ,1967 1972 —1966. 4s Oklahoma'Gas 105% 89 38'A M-N 1956 58 J-j —1965 mtge 4s Ontario 113% 103% 1st 1st 103'A 111% 111% 111% M-N ———-.1956 58 55% O 49'A J-D —1954 55 % 55 F-A ~I§AOg & L Chdni 1st gtd gold 4s_1948 Ohio Connecting Ry 1st 4s 1943 9 6'A 49'A M-N deposit—,—— 22 58 M-S Teleg 4'As ext——1944 Ohio Edison 48% — deposit— 58 57% J-J 1st &Tef mtge 3'As—-1967 1st mtge 3'As———1964 Northwestern %. 96% J-D inc 5s_—1935 67% 57 J-J 43'A 40'A 68% J-J 3 8'A 39 J-J 43% 43 (Minn) 42% 7% 54 208 78% Co— Power States J-J — (Wise) 43% 42'A 8'A 77 Q-F & Northern 77% Q-J registered Ref 3'A 40% f-a 1955 1953 40 —_— — & 5 . M-S 1948 A-0 1997 Id gold 3s—_Jan 2047 registered.! Gen Ref 1954 series D— ACertificates of deposit N 126'A Q-J .Ref 1965 4'As Ref & 103% prior lien 4s——1997 Pacific 14% 1949 1st gtd 4s of 126% 1974 Central .f 5'As 126 104% 4s series B——: ACertificates 74% 32% 103% 42% 35% M-N 1945 New England Tel & Tel 5s A 1952 1st gtd 4 %s series B ——1961 N J Junction RR gtd 'st 4s —1986 N J Pow & Light 1st 4'As_ .-I960 New Orleans Great Nor 5s A——1983. N O & N E 1st ref & imp 4'As—1952 New Orl Pub Ser 1st 5s series A„1952 A 1st 73 29% •„ 124% 11 35% 39% England RR gtd 5s——1945 of 17 72 103 22 f-a B—1966 fund debentures Steel 1st mtge 3s ACertificates 74% 32% 103'A 1,372 -38% — RR 1st gold 4s Newark Consol Gas cons 5s . 74 % 31% "29 11 14% 36% deposit t ANaugatuck A 1st 32% 14 32% 4-0 I———-,--1981 C 74% a-0 "7 43'A 575 42% M-N 1949 1980 3'As sinking series 104 103'A 104 4s 22% 42'A m-n M-S 5s 102% 103 39% 43'/8 Dairy Prod 3'As debs— 1960 Distillers Prod 3'As———1949 A 1st 2 104 Pacific of 102% 103 126% Northern N of 111 36% deposit B, 110% 13 F-a 38% M-S F-A series 110 3 M-n 1—1998 —-2014 — 13% 14'A 1978 5s 10% 109 110% 110% Ry 1st gold 4s_1996 39% 43 M-S L* 1975 19.77 Chatt & St L 4s series A ACertificates 8 "a 109% 110 A-O F-A 38% f-a —1965 ——* ACertificates 201 10% 13% 88 110% F-a 44 83% J-J A 1st 85 O-A 3s series H IS AN O Tex & Mex n-c 9% 10% 110% M-S 5s A-^__1961 RR deb 3'As_ Co ACertificates 40% •' G_—,1978 AConsol gtd 4s— 10% 1 "7 110% guaranteed gold 5s 1945 1st mtge gold 5s (stamped can¬ cellation of guarantee) 1945 A 44% 75 25 ref 5s 33 ' 13% 88 88 "110 J-J A 1st 100 41% . "89 & I High 1954 Gen ' 4%s_„-. Orleans Term 32 tNorthern Ohio Ry— 260 , . 105'A 105% 1st 11 16% "12 ' J-J .-1950 series A* inc— Western Amer North 6% 68 100 J-D New 32% Co— Debenture 3%s_ ■ 1%".3% 64%. . "100 J-J 113% tANew January Low No. 18 4% : ' 2 111 National Range Since Sold —1949 North 16% ' 17% 55 - A-0 Nat Ry AGen mtge 5s conv 18% 16 „ 31 . 3'A 2%' 67 1965 Montana Power 1st & ref 3%s 1966 Montreal Tramways 5s ext——1951 Morris & Essex 1st gtd 3'As,-,—-2000 Constr M 5s series A—— 1955 Constr M 4'/2S series B—— 1955 Mountain States T & T 3'As 1963 Mutual Fuel Gas 1st gtd 5s—i.—1947 Nat Bonds ' t .1962 Ry 3'/4S series debentures. 31'A . 9% 7 Nash High "10 F-a "Niag Lack & Ont Pow 2'A 1960 6s Friday's 32 % M-n Falls Power 3'As 1966 1st 5s A-,„1955 65 42 a-0 mlge 53 42' . 17% Monongahela W Penn Pub Serv— 1st - 27% 104 17 ' fgAMissouri Pacific Ry— 3rd 7s extended at 4% July 1938 Moh'k & Malone 1st gtd gold 4s_„1991 Monongahela 260. . 17% deposit & ref 5s series A 1st J-J F-a 1937 1940 _„1943 Telephone 3'As series B„_,:,;..J967 t§AN Y West & Bost 1st 4%s 1946 39% 4 .1962 AConv A . Y 65 : 3'A. deposit——,-,uU. 5s series ref 49 'A N gold ISANorfolk Southern M-S ref 5s series F & 108% 155 3'A 2% J-J 4s__— ACertificates or Bid & Asked " 5s series A—— ACertificates A 1st 106% 12'A 3'A •; .1978 ^Missouri Pacific RR Co— A 1st & ref 5s series A ACertificates of deposit & Week's Range Last Sale Price — .3% ' .1949 ,-A 40-year 4s series B_—, Prior lien 4'/2s series D a 1st 1st gold 5s 11 31'A . 11% Missouri-Kansas-Texas RR— General 4%s gold 5s ATermihal Norfolk & .1959 tAMissouri-Illinois RR 1st 5s 1st 4s__——..1990 a §AGeheral 64'A "44 43'2 "33'A J-J adjust 5s series 98 57'A 18% J-J Mo Kansas & Texas ACum 97'A 73'A 12'A J-J & ref 5'/2s series B— Prior lien 1937 Z '5 ' * 53 "67'A "41. M-S J-J M-N M-S Q-F , 19&8 5%sT-- 49'A 50'A A-O ref 6s series A,,,,,,..1946 & 25-year A 1st Period High §A2d 64%' 107'A 107% 107'A J-D J-D gtd as to int...1938 § Alst stamped 5s A Friday Interest Exchange 232 97% 60'A 64'/a M-S .1938 stamped-' consol 5s— § A 1st No. Stock Low Marie fMinn St Paul & Sault Ste J A 1st cons 4s Low . 97% ' 1 M-N ' J-J 3%s_„:—, impt 4 '/a8 series. C gold 88 - M-S 3%s & Sag Lans 1 January York AVeek Ended Jan. 29 , —1951 1952 Ref & 1979 Michigan Consol Gas 4s 1963 AMidland of N 'J 1st ext 5s 1940 isAMilw & Northern 1st ext 4%s__:i939 A tConsol ext ,4-%s_ 1939 JAMilw Spar & N W 1st gtd 4s_„_194? JgAMilw & State Line 1st 3'/2s 1941 J A Minn & St Louis 5s ctfs__„ 19^4. a 1st & ref gold 4s 1949 A Ref & ext 50-yr 5s series A,_,1962 1st High New Range Since !§AN Y Susq & W 1st ref 5s Michigan Central— Jack BOND S Week's Range or Friday's Friday ; BONDS York New • 107% mtfe RECORD NEW YORK BOND Friday BONDS Interest Period Exchange Stock New York Week Ended Jan. 20 Young & Ash 1st 4s ser A....1948 1st ..,1960 4%s 1st Elec El 1950 J-J 1966 .,,1977 1 106 106% 5 108% 109% F-A 1951 mortgage 3%s 1st 90 106'/a 106 % J-J J-J 3'As M 1st Pwr 124 90% Pressed Steel Car deb 5s J ' ' 109 % 109 Va 96% 26 97% *8% 97% 8% — — — — j A Providence Terminal 4s 1956 M-N M-S — ' 8% 7 *82 69% 71% 53 68 71% 71%' 70 71% 183 67% 71% 1980 J-D 71% 70 71% 102 67% 1964 M-S 104 5 103% J-J 65% 65% 66 70 26% 25% 26% 104 J-J 1st a,1950 - 101% 87% 1 87% 94% 95% A-O 95% J-D ' .,,1972 1st & ref mtge 3s 91 • 95% 100% 100% 110 __ 105% 106 110 5 110% 106'/a Trl-Cont Corp 5s conv deb A 1949 1953 M-S 106% 5 110 106'/a 106% M-N Trenton 1971 M-N tfAUnion Elec Ry (Chic) Union Oil of Calif 3s deb J-J 87% 87% 15 Union Electric Co of Mo 3%s .1968 Public Service El & Gas 3'As 66 27 101% *116 *106 ' *100'% 101 J-J gold 4s__1940 104 21% 391 — J-D 3%s__1960 1st: 4s Toronto Ham & Buff 71% 63% A-O ref 4s— Tol St Louis & West — 106'/a 71% Tol & Ohio Cent ref & lmpt ...1957 101'A A-O A-O 97% 95% ' J A Providence Securities 4s High 1979 1960 AAdJ income 5s_ —___Jan 1960 SAThird Ave RR 1st 5s ext 1943 Third Ave Ry 1st 1 Loio 24 106% 106 January No. High D_ series 5s 106% Range Since Sold 1977 Tex Pac Mo Pac Ter 5%s A— 92% 92% 92% M-S & ref Bonds Friday's or Bid & Asked C,„ ref 5s series 5s J-D 2000 ref & r- J-D series D 1st 5s extended to Potomac - & Gen *101 Gen 1st gold 5s series B„, Gen *118% J-D 4 Va s 1st Texas & Pacific Gen F-A 1974 C Week's Range Low *107 — 1962 series 5s eren Portland J-D 5s series B__ gen 1 Last Period Week Ended Jan. 29 High Low No. High Interest Stock Exchange New York Range Since January 1 Sold Sale Price Bid & Asked Low Pitts Bonds Friday's or Friday BONDS Week's Range Last Monday, February 1, 1943 CHRONICLE THE COMMERCIAL & FINANCIAL • 456 1945 A-O .,,1959 F-A 103% 103 % 103 % 1967 J-J 101% 101% 102 1947 1970 ,1971 .1980 J-J 109% 109 J-D United Biscuit 3Vis debs, 1955 A-O United Cigar-Whelan Stores 5s 1952 1953 A-O 97% 95 % 97% 48 94% M-S 99% 98% 99% 96 98% 1944 M-S May 1 1943 M-N 1 1943 M-N 1 1949 M-N *101 Nov 1 1949 M-N 101 May 1 1950 M-N *101 101 % Nov 1 1950 M-N *101 101% -__,May 1 1952 M-N *101 101% & Elec Gas 1st gold 5s • 106% " . . " t ' 1st ref & 1st ref & .—2037 5s.___ mtge 2037 of Nor 111 3%s„. J-D 1968 8s mtge Public Service A-O .—1948- Purity Bakeries s f deb 5s_ *144% 147 % J-J 110% 110% J-J 1 , 221 110% 10 105% 105 % ' ; 221 2 221 221 ■„ — —. 110% 105% 106.. U R Reading Co Jersey Cent coll 4s 1951 J-J J-J 80% 78% 80% 79% 80% 20 102% 103 % 15 80 % M-N Af-N 102 1 104% 105 V's 102% 8 102 M-N 102% - 102% 101% <•99% 101% Ref mtge J-D t§ARio Grande West 1st gold 4s. ,1939 A 1st cons & coll trust 4s A«— ,1949 J-J 67 A-O 32% Roch Gas & El 4 Vis series D__— Gen mtge Gen Gen 67 289 30% 32% 308 1241% 124% 2 M-S *110 27 : 32% 124% t ARut-Canadian 4s stpd ,1949 J-J }§ A Rutland RR 4 Vis stamped,. ,1941 J-J (Del) 5s_ 2.05s 109 273 25% 24 9% 10 20 11 10% 11 48 . Steel States 25 % * ■" 22 9 , 2.10s 25% 10% 10% __T——_—Nov ; -May 2.15s, 2.20s 11% ' 2.35s 2.45s 2d 5s__ gold 6s St Louis of A Certificates J-J A-0 39 101 % 101% 1 55% 1 55% }ASt L Peor & N W 1st gtd Pub Serv 1st mtge 5s 206 77% 84 9 78% 44 81% 83 3-J *45'A *~ - 47 MS lien a deposit stpd of A Certificates — 99% 97% 100 *99% *99% * • ' ,■ 101% — — 101 Va 1 101 101% 101 . 101 • — — ' 101% W-. — *101% 101% M-N *102 M-N *102 Utah 4i 101% *101 102 102 5 102 102 ■ 102 102 101% - *101% 102 102 102 r-'w.. ■ • ' • ■ w. • — 1st 5s 91 91 - 73 21% 522 19 21% 20% 21'A 82 18% 21% Va Elec & Pwr 3%s series B 22% 23% 252 20% 23% Va Iron 22% 23 22% 24% 22% 24 95 'A 95% 98% 98% 98% 99 98% 99 10 93% 95% 4 97% 98% 98 99 93 75 20% 95 % A-O F-A 91% 75 A-O 1944 1944 1951 & ref 5s__. 1st & Light Power 23% * 106% M-N 24% M-S 106% *106% M-N 23 1978 4Vis series A M 107% 1 1954 23% J-J deposit of Certificates ACons .,1950 series B 5s 106% May 11955 Nov — — 20 23 1,748 19% 24% 134 19% 24 4 Cons s 1st *108% 110 M-S 5s__1949 1st gold Coal & Coke M-S cons " 110% 110% 80 80 80 0 --A' - 2 M, ** 110'A 80 104'A 106% 105 Va 1st mtge 3%s__1972 ,2003 F-A J-J 92 92 12 92 A-O 75 75% 39 72'A 1966 M-S 109% 109% 29 109% 1971 1981 1991 J-J 1st gtd 5s— 5s Virginian Ry 3%s series A j. — 110% 80 1 1958 Southwest & *108% M-N 1968 A—1955 f 4s series B,_ Virginia Pub Serv Va F-A ,1957 Vandalia RR cons g 4s series a Prior 24 M-N 21'A — —. 107 % M-N 21% J-J 107 1 1953 74% J-J 1950 99% 107 Va 1 1953 United Stockyards 4%s w w_ 82% 81% 1948 J A St L-San Fr pr lien 4s A a certificates of deposit 97 Va 47 82% 82% ,,1955 9 7'/a 31 109'A 83 107 65 1959 5s_; Rocky Mt & P 5s stpd 26 99'/a 55% 55% M-N 99% 99 1 1952 2.65s 107% 107i% ,— 107%. 98% —May 1 1954 2.60s 107% 99 Utah Lt & Trac 1933 deposit St L St L 100 Mtn & Southern— Iron gRiv & G Div 1st gold 4s—_. A J-J 1996 1st 4s Adir 1st gold St Lawr & 1947 1996 Island St Jos & Grand 109'A 58 99 % 99% Nov 2.55s 101% 102 A-O May , 2.50s A-O 100% 7 103% M-N —Nov 2.40s 1966 103 Corp— 1.00s . Saguenay Pwr Ltd 1st M 4'As j — 15 Serial debentures 1.125s ' M-S — 3%s series A__ RR & Canal gen 4s United ....... *1, M-S ,1934 1st 4Vis t§AR I Ark & Louis 67' 58% 124% M-S ,1969 111 ' — 64% M-S .1967 mtge 3Vis series J—— *62% ' .1967 3%s series H— 3Vis series I— mtge 1977 grant 4s United Drug Co U N J t§ARio Grande June 1st gtd 5s_. ..1939 land & 1st 34-year 3 Vis deb__ 35-year 3 %s deb 101% ' 12 *6'A 110% 1 110% 110% Pacific RR— Union 103'A 46 101% 102 102 1956 ' 78 102'A 104% 104% F-A .,1960 4Vis series C 93 79% 102 % Republic Steel Corp 4%s series B__1961 Purchase money 1st M conv 5 Vis 1954 Gen mtge 88% 79% 1956 Rand deb 3%s J-J ,1997 Gen & ref 4Vis series B. Remington 130 217 80'A 1997 & ref 4%s series A___. Gen debentures 3s 93 91% 92% A-O 5s 92 75'% no • ISt Louis-Southwestern Ry—A 1st 4s bond certificates A 2d M-N 92 % 90 92'% 71 Nov 1989 J-J 72 71 72'% 35 1952 gold 5s series A____1990 J-J 51% 51 52 J-J 31 30'A 31% ctfs inc bond 4s 1989 5 A 1st term & unifying 5s AGen & ref 1st cons gold 4s_1968 St Paul & Duluth 1st 4Vis t$ASt P & K C Sh L gtd 4Vis, St Paul Union Depot 3 Vis B Schenley Distillers 4s s f deb V & N E 1st gtd 4s Scioto MS M-N 19% 22 F-A A-O 105 — AGen 22% 17 101% 104 105 123 " 124% Certificates of A-O 16% M-S 17 34% 4% 7% 17'/a 247 14% 17% 15% 20 13% 16 % 17 15 17% 645 15% 15 % 15% 63 14 16% M-S 33% 32% 33% 19 31 34% F-A 17% 17 18 67 15% 18 1935 F-A 1 llll 1724 ■ 17H — 1954 J-J J-J _^r —1952 A-O 1950 F-A debentures 4s Skelly Oil 3s debentures A 59 98% 99% 10 99 % 100 Va 2 40 41 10 99 41 41. 103 104 101'% 101% 104 1 101% gen A Ref & gen 4 Walworth Co Warren Tel Tel & 104 Southern Colo Southern 4s (Cent 4s 6s 105% 106% 123 1 123 123 A-O 108 108 2 107% 1st 40-year Gen 13 105% 106% ' J-J J-J 106'% 106% 103% 6 103'A 104 103% 104% Co— Aug 1949 registered J-D . 1949 467 79 Va 77 57'A , 80% 76% 79% 58% 463 54% 58% 56 57% 269 55% 57% 606 26 72% 68 80 % 77 M-S 58% 1968 M-S 57 Gold 4%s 1969 M-N 56% 55% 56 Va 53% 56% Gold 4 Vis ,,1981 M-N 54% 53% 55'% 735 52% 55% 96% 94% 96'A 633 93% 96% 90% 79 87% 91 1st 4Vis (Oregon Lines) A_,_____1977 Gold 4 Vis, : - 10-year secured 3%s__, 1946 J-J San 1950 A-O 89% 89 Va Fran South Pac Southern Term 1st RR 1st 4s ref & gen & gen Devel & Div gen 1st 6%s Mem St 1st & ref 1st 80% 579 70% 95% 105 92 95% A-O 72 Va 71'A 72% 305 68% 1st & series 3 Vis 90% 90 91 52 87% 91 94% 39 92 95 84 86% 89'A 92 A-O J-J J-J C 1964 92 F-A :__1961 J-D of Calif 2%s deb3 Standard Oil N J deb 3s 2% debenture 92 ___ 21 111% 106% 107 Va Apr 1966 Oil 91% 94% 86% *111 Va J-J ASpokane Internat .1st gold 4%s,_2013 Stand 93% *85 J-D 1968 B 27% 25% 25% 92 94% 93 . 16 103 103% 33 33 % 4 88% 89 2 F-A 2f 102%' 104 31 33% 88 89 103 Va 104 *104'/a 106 J-D 1966 1977 ref 5%s series A— N Y & J A Western Pa gen Pacific A5s assented,, gold 4s_ 1943 1st 5s ser A___1946 —1946 gold 4%s,—1950 25-year gold 5s —1951 30-year 5s i 1960 Westinghouse El & Mfg 2Vis 1951 West Shore 1st 4s guaranteed—..,2361 Registered ————2361 Western Union Teleg 1954 1949 West Va Pulp & Paper 3s_„ Wheeling & Lake Erie RR 4s Wheeling Steel 1st 3%s series B_„1966 Wilson & Co 1st M 4s A— 1955 Conv 72 % A-O 1951 gold 4s 28'% A. J-D 119% 108% 109 % 108 106 108 108 110% '111 J-J A-O 109% 108% 109% '109 108% M-S 92 92% 98 92 % 99 224 84 15 95 % 119 % 111 J-J 92% A-O 100% 100% 100% 3 100*3 99 100 deb M-S 41% 38% 41% 166 36% 41% M-S 4i'A 38% 41'A 407 36'A 41'A M-N 91'A 90 91% 80 84 91% 85 87 Va J-D 91 90'% 91 M-S 86 Va 85'%. 86% 252 M-N — 101% 101% 15 J-J 49 J-J 45'A 1960 1st 4s— 44 45% 262 38 101'A 43 41% 103% 109 V2 91 86% 101% 49 45% 104 109'/a 103% J-J 90% 53 88% 90% 106% 106% 90 J-J A-O 49 *109% M-S M-S 46 *103% 104% J-D 1947 3% t- 83 21 104% 106% 103 % 103 % 1 103 % 103 % 115 '/a 90 115 Va 115% 5 114 % 171 47% 51% 49% 80% 94% 1996 5s Bell Tel 3s 78% 95% 1956 gold Louis Div A 79% J-J 1956 6s 4s series 26% 27% — *103% 104 ,,1952 1st 4s_ Winston-Salem S B J-J 1994 ,,,1956 Devel Devel Southwestern . 1955 gtd 4s Ry 1st cons gold 5s 7 2 92'A F-A 7'A 28% 28 Q-M 37 Va 27'% *25% 103 % 87 4 27% A-O __ . 26% *25 1950 1967 — Maryland 27'% A-O F-A 1st 5s E_,___^__1963 mtge 3Vis series I 1st Western 28'% F-A ,1945 stpd gtd 5s mtge 3 Vis,* Fenn Power M-S M-S 1st gtd 3Vis guaranteed 4s__ Westchester Ltg 83'% 175 44 34 137 37 Va 1955 gtd gold 3%s_,2000 1948 1945 61 47'A 36 108 1947 A colli,,, Pac 6 123 ,1979 Power Pacific 105% 106'A A-O 1962 debentures,, 3s J-J ,1963 3Vis 1st ref RR 86% 45% 3 7'/a A-O Washington Central Ry 1st 4s_, Washington Term 8 6'/a 47'A Apr ,1948 1st mtge 4s Warner Bros Pict 6s debs,,, West Bell 1976 Vis series C ,1978 5s series D——,,1980 5s series B 86'A Apr 102% 104 ,, ,1964 Socony-Vacuum Oil 3s debs South & Nor Ala RR gtd 5s._ South mtge inc 4'As ser B JAWabash Ry ref & gen 5%s A—1975 West 99% F-A debs, Ar 1711 100% 100% 99 1961 Co 27% 48 35 28 1935 ,1941 2%s 271 7% 16'A A-O 2%s sinking fund debentures Oil 33% 16 7% t§ASilesian-Am Corp coll tr 7s Union 4 6% 33 F-A deposit certificates,, A6s series B series A mtge 4s inc series A ARef 34 Va 34 ,1933 A t! AAtl & Birm 1st gtd 4s Simmons 8 31% A-O JASeaboard All Fla 6s A ctfs Shell 6% 101 •% 2 105 *123'% -- . 563 22% *101'% 102'% ——, — ■ deposit series 6s cons W .Wabash RR Co— 1st mtge 4s 36 8 15% ; of Certificates A 7 8 ,,-.1945 5s §ARefunding 4s A 1st 52 AGen J-J 1950 1950 ,_Oct 1949 1959 gold stamped Adjustment a 72 % 27'A, 31% ARef & gen gold 4s unstamped § A4s A 67 46% Air Line Ry— JSeaboard § A 1st 92% *77 J-D 1947 1941 ,1971 __1952 ,1989 fASt Paul E Gr Trk 9 164 , 85% 29 106 2 41% 105% of § ASu & Du div & term A Certificates of 1949 J-J deposit 1st 4s,__1936 M-N 49% 49% Central 1st 4s_,_ Certificates 49 % 49 % 1 49 Va 16% 16% 17 Va 101 14% 17% 5 110% 110'/a 2 107 107 *15 deposit Wisconsin Elec Power 3%s_—.—1968 Wisconsin Public Service 1971 J-J 107 JAWor Si Conn East 1943 J-J *13% 1948 M-S 1960 M-N 3%s 1st 4Vis 16% 110% 110% A-O 107 — 42% 15 102% 103 % 42% -- A 51 107 V8 42'% 102% 103 Va , , 111% t A Wisconsin 49% 105'A 105% 13 105% 106 1953 J-J 104% 104 3'a 104% 71 104% 104% Studebaker Corp conv deb 6s 1945 J-J 101% 101% 102 61 101% 102 Superior Oil 3Vis debs 1956 M-N 6 103% 1961 M-N 103% Sheet & Tube— Conv deb 4s 102% 102% 102% 25 101% 103 98% 62 97% 99 105% Swift Si Youngstown 103 % Co 2%s debs 104% 105% *102% 103 — — a T Tenn Coal Iron & RR gen 5s Terminal Assn St L 1st Gen refund cons 1951 5s F-A 5 120 121% 105% 105% 3 105% 2 110% 111% J-J *103% 1950 F-A 90 Texas 1959 A-O 1965 M-N 1943 J-J Texas Company 3s deb debentures,, & N O com , gold 5s Deferred 121 delivery sale 106 , ■ not n 98 98 included in the year's range, d Ex-intcrest. e Odd-lot sale not Under-the-rule sale not included in the year's range, r Cash sale in the year's range. § Negotiability +The. price represented is the dollar quotation per 200Accrued interest payable at the exchange rate of $4.8484. impaired by maturity. pound unit of bonds. .... 90% 105% 105'% 106 not included 105% 111'A 111'A 121 105% J-J Texarkana & Ft Smith 5Vis A 3s mtge s f 3 Vis series D included in the year's range, J-J 1944 f gold 4s 1953 Ref & impt mtge 3%s series B._1974 s 1st 106'% *101'A 101% 7 89 tCompanies reported as being in 90% 105 % 105% 105% 106% 'Friday's bid and asked prices; 101 Va 101% ABonds selling flat* the bankruptcy, receivership, or reorganized under such companies. sales being transacted during current week. Bankruptcy Act, or securities assumed by 5 27 I no Section 77 of * Volume Number 4147 157 • THE COMMERCIAL & FINANCIAL CHRONICLE ' 457 NEW YORK CURB EXCHANGE WEEKLY NOTICE—Cash in footnote a week the in AND YEARLY RECORD sales are disregarded in the week's range unless they are the only transactions of the week, they occur. No account is taken of such sales in computing the range for the year. deferred delivery and in In the following which extensive list we furnish a complete record of the transactions and when selling outside the regular weekly range shown are the New York Curb on Exchange for the week beginning on Saturday, Jan. 23, and ending the present Friday (Jan. 29, 1943). It is compiled entirely from the daily reports of the Curb Exchange itself, and is intended to include every security, whether stock or bond, in which any dealings have occurred during the current year. , New York Curb Last Exchange Sales New Shares Rangd Since January 1 High Low Par STOCKS for Week Range of Prices Sale Price Week Ended Jan. 29 . Week's Friday STOCKS * Low York Curb Friday Exchange Week Ended Jan. .29 High Aero Co 1 Associates Inc Aircraft Air 5 Corp — 2 Va Allied Products A Jan 5% Jan 6Va 600 Jan 6% Jan Bohack Jan 1% Jan 7% 2% (H C) 1% Jan 2 Va Jan Borne Jan 27% Jan Bourjois 1% 300 75 % 60 98 100 98 1% 72 102 10 $5 105 % Jan 91% 1% Jan Jan Jan Jan Breeze 98 • 3% „——— Jan i" 3% rio 25 26 350 24% Jan 26% Jan 24% .25 common Corp Jan 25 y2 Jan Aluminum Co common————u—_• 6% preferred—— Aluminum Aluminium Ltd 107 113% 108 108%, ~7 94 '• Board Co Jan 4,550 Jan 108% Jan Jan 13% Jan 113% 1% Jan 300 y common..—1 6 Jan 2,350 86 Jan 103% 104% Jan % Jan 1 50 fyn '■'•'•■200 21% 80 '®/r" 4% 4% 103% - A Jan 20% Jan 100 4% Jan 100 % 23 Am 1 preferred,,— $5.50 American Central American Cities Convertible %' 5 82 Mfg———1 Jan 1,400 % Jan 82 5% & Light— A——;—25 50 Class A _25 Class B 6% % Jan Jan 13% Jan $6 82 Jan Brown Rubber Jan. Bruce (EL) 900 18% 21 1,450 5% Jan 6% 15% Jan 21 Jan class 21 : 18% 1% 21 U 1,850 15% 7,000 ia A——10 Jan 21 -A Jan Buffalo Si.60 $5 Class B 39% non-voting,—————10 American Foreign Power warrants—— 38% % & 4,600 % 37% Jan 40% Jan 9,800 40 % Jan % Jan. Fork American Gas 4% % Hoe General convertible 12 % —10 12 I21/2 650 24 Va common—* Electric, & 22% 24% 10,900 —,100 101 common—10c 4 preferred,—,, American $2 St Corp preferred 1 35 Laundry American 6% Mach— Light & Trac preferred American Mfg Preferred American Co — — Potash American / Post Jan 800 26 Jan 2,300 80 iV 21 7 Va Vi l,9uU 211/2 500 47% _• A Electric 47% 75 Jan % v Jan 21 y4 13% x26 Jan Automatic Voting Jan Camden 80 Jan Canada • % Jan 20% Jan 21%. Jan 45 Jan 4.7% Jan Canadian Class Jan 3% Jan Capital 2%. 2% 1,100 2% Jan 2% Jan Carman 2% 2% 2 Jan 2'% Jan Class B ^+-1 1% 1% 1% Jan 2% Jan Carnation 9% 9% 200 8% Jan 91/2 Jan' 100% 101% 140 97% Jan 101% 300 ' 2% 2 1,000 Jan 5,700 1% Jan 1% Jan 2 2% 18,100 9 9% 900 12 200 5% 5% 5 5 % 70 7% $1.20 Seelig 400 2,300 Jan 2% Jan Carrier 2% Jan Carter A 3% 28% Jan 1% Beau 1st preferred V T Brummell Ties Inc Co Corp picierre 4 2,100 29% 150 Jan Jan 6 & Jan Central Maine Jan Central 3% 800 16% 6 16% 17 Jan 4 29% Jan Jan 4% Jan Jan Ohio 2% 21% 3 Bell Tel Benson of & Consolidated i 2% Jan Jan 3% Jan 60c Jan 51/2 Jan Jan Jan Jan $6 $6 Co„ Service 2,200 19% Jan 3 Jan 32% Jan Club 4% 100 3% Jan 4% Jan Cockshutt 1% 12,700 % Jan 1% Jan Cohn 600 Jan 4 Jan $7 4% Colonial Jan 16 100 Jan 16 Homes 10 Plow Mfg Co Fire 1 Convertible preferred 1 Blauner's For Jan 9% 1,300 3 Va Jan 4 Jan V 170 115% Jan 121 Jan Conn 70 33 Jan 45 Jan 20 35% Jan 42 Fdy & t $3 c & & I common see page 461. 7 . iff — Jan — A Jan Consol Jan 10% Jan 4%% Jan 6 % J an 4% Jan 3% Jan % G E L Jan 15% Jan 3% Jan 6% 6% 400 Jan 6% Jan 10 114% Jan 114% Jan 60 84% Jan Service to 6 8 : A 8% ■ 200 %t 8%: 200 A 1,200 7% Jan Biscuit P Bait Jan 8 Jan Jan 104 Jan Jan Jan % 9 84 84 87% 200 66 64% 66 100 5% 5% ; 5% 750 4'A Jan 5 Jan Jan Jan 10% 80 Jan 87% 64% ; Jan 66 5% Jan 11 10% 6% 65 u 6% > Jan 9'/8 Jan 11% Jan 25,300 3% Jan 67/a Jan 2,900 6% 700 56 85 85 85 51% 4% Jan Jan 69% 6% 20 48 Jan GO 76 Jan 85 100 75 Jan 85 5% 5% 300 6% 6% 600 % — A 275 6% 85 • Jan Jan 68% 6 Va 65 ,, Jan Jan 5% A Jan — Jan Jail 9% % 100 29% 31% 700 4% Jan 6% 56 Jan Jan Jan Jan Jan Jan Jan 5% 6% Jan ; 13 31% 7% 9% 6,400 8'A 9% 8% 500 Jan 14 % Jan Jan fs Jan 29 Jan 37% 6 Jan 9% Jan 7% Jan 8% Jan % 2V2 2,400 Jan 2 % Jan 4% 4% 200 4 Jan 4% Jan 4 4% 700 4 Jan 4% Jan 1 % 1 % 800 1 Va Jan 1% Jan 250 51% Jan 55 24 Jan 31% 54 30% 55 28% 3 PA 1 U 16% 1 1,550 id 15. M 1% % 3,500 1 1,300 16 % 450 1 — 8% 1,250 Utilities Jan 14 Jan 1 Jan Jan A 1/64 Jan 100 Jan Jan aa 16% Jan Jan A Jan 2 7'A Jan 7% Jan 9 Jan * Co—— common preferred Jan 2 4J/2 — A —25 1946— preferred series C Gas 87 Jan 7% 26 % series B Consolidated ~6% Jan Jan 4% warrants Coke Secur common— Consolidated Jan 10 400 Jan 2% 114% 114% 84% : 85% ; 4% 3'A ■ 16 Jan Jan 3,100 — 1% _1 Southern Public extended Gas Jan 8% 3% preferred fi —1 42 7 — 1 Community Water Service. Compo Shoe Machinery— Jan £1 Gas & Jan 23 8% 3% common footnotes 3% Jan 23 45 42 — Birdsboro Steel 1,800 121 3% • new 100 9% 2,300 Jan * — preferred_100 Community 44 44 8% ' ,_25 Jan 121 3% 100 • 23 ;; 7% —* Arms Oil 8% 8 104 % — warrants—. Columbia 23 107 102 ._* — 1 10 Jan 3% 8 ,, 100 Co__ preferred Gas & Elec 5% Jan • —_• common Columbia 7% Jan Jan ———4 Illuminating— 100 200 "7% 1 Airlines Patent Jan 38% 75 1 Inc— Utensil convertible Colt's 39% 39 — — Colorado Fuel & Iron 9% , preferred——* Rosenberger Inc. Develonmgnt ordinary— Jan * 10 ; — 1 & 6fi? Jan 6% —10 Co Aluminum Jan 10 Jan ,10% 15% —_* Lights Electric % 9% L & Lambert 1% 1% Jan 56 & Suburban 4 Jan 9% 102 3% 1 ——100 Cleveland 29% }i 175 Co__5 Cleveland Tractor common—, Clinchfield Coal Cnrp—— 600 38% 7% 1 Mining Jan Jan 16,800 106% 4 Jan 21% 2% 5 P Controller 1% 9 C: .,—5 Auto Neon ■■ _1Q preferred Stamping City 1% 10% II 10% — preferred—————* preferred B——— ,__* Cities / v . $6 preferred BB 5% Jan Jan —, * — common— 3% 17 3% 3% Jan w . * common,—, 4% 45% 3% Jan 3 / 1 Childs Co preferred——— 4% 4% Co_. Cities Service Chief 31 Berkey Si Gav Furn'tiir Bickford's 100 — 7% pfd—100 Utilities—,50c Chicago Flexible Shaft Chicago Rivet & Mach 1 common- 3% com Metal Weather Strip Corp ;__1 Canada Hedges 3% Products Light West A'rcraft 32% 4% & South Elec Jan Jan Jan — 7% preferred_100 5% pfd 100 Jan Jan Jan Jan Cherry-Burrell common———5 Chesebrough Mfg_—————_25 2,500 32% & 17% Jan Jan % . Jan Power Steel Power & 500 5 % 20% Gas Power York New 200 Jan % 3% • 2 Vb 10 Jan 6 Jan Jan —— % Jan Jan 2% 3% 5%: Jan "Jan 28 A A Jan 3Va Jan 1% — America Hudson Central 5Vb 12% Jan 100 ' Jan 111% 100 %" 400 Co_, of Jan 16% 1 Jan 1 Corp 4% Jan % % * Products———,—— % 1 20 Jan 1% -7-1- 2 V« common (A M) 41 d Jan % 1% Co Castle 25 .. % 2,500 Jan 2% 1 Commonwealth cunvgibiuic Jan A 2% common— Catalan 60 Aircraft Corp Bellanca Aircraft commonl Jan Jan -• Casco 17 Beech Jan 11 1% —• Jan 9,300 —10 13'A 90% Jan 9% Jan 300 $7 preferred—* ' v-L.cv 10% Jan 82 2 Va common—4. Jan 45% C 9%. Jan — —* 9 Va 17 — Jan 2% —100 12 44 com 7% Jan 2% — 91% 4% — Jan 5 —— —* Jan Colon Refractories Inc Baumann (Ludwlg) & Co 7% 1st preferred Jan Jan 5 ■ — Chamberlin Basic 14% 5 -I"'". % •—.-V 1% 10% class A—— (J W) Charis 1 common— Jan 14% Jan " 13,100 77";. 1 5Go — Jan Mfg— convertible Jan 85 6% % Jan com,,10 ... 7Va Jan 13 5,000 7;: 12l/«e Assn 8% 1111? —5 common Jan ,..10 10% 5% .—,,25 Steel— Jan Jan A Jan 1,800 50c voting Co & Central 3 Jan 80 1,850 11 ——_1 Products———i—* City 30 Stainless 90 y2 10% preferred—,—; Clayton & non Central common, 5'A 2 3 12'/a Canadian Industries Ltd— Jan Clark Barium voting 12% 5% for 13 86'A 11 9% ———— 91% 12 21% Jan 1 Carolina Power & Light $6 preferred Babcock St Wilcox Co Baldwin Locomotive- Jan Alcohol— 3 V8 60 A Class B Claude Barlow Industrial 400 3% warants 12% 89% common Ltd 3% • Co Co 3% 450 1 A 12% 8% . Canadian Marconi & Sons common——l—5 7% preferred Baldwin Rubber Cement Jan *; Jan * Insurance 4% —__ ^« ■ Jan Jan Jan 1% 100 \~ir2 ——• pfd—100 Canadian Car & Foundry Ltd— 7% participating preferred £5 City & Purchase Fire Jan 29% ■ Jan 14% Jan 2,300 14% 14% ..7 11 31 1 13% 2 — 60 + Jan 12% 2,200 : Jan 49% " Jan 12y2 ' 11 -.'v1'.1 '■' . Va 85 n ' -L—-25 Corp 2% —,1 7 83 ' 9% Power Tungsten 27 ,> Electric 5,700 70 . 100 Collieries, '6% : '13 20 4% —50 6 % preferred— Axton-Fisher Tobacco class •• 85 12% ■' — ■ Jan 2% 11% Jan : 300;;, 1 _5 ; certificates 3% 67 5% 200 "2% 7% 2%' Jan 14% Jan 200 .7-' •., ■ 1 Sugar Estate Callite Central Machine—i ■ -1 Jan 30 % ' * Products Jan 2% »;•' _* 25c % _ Products— 12'% —___10s — aV J an • Drop Forge common,— Plywcod Corp— 13 12% Jan 10% 90 ' com 22,100 — Automatic Patoka Co V4 * 44'A 63 Jan • 400 ' 12% 1 Corp. A ; 2% Jan 2'A 200 11 £1 —J— Jan 101% Jan 61 400 ; 3oy8 £1 new Jan % 2 7.^ • ;. preferred trust California ' Atlas Corp warrants 10% 30% • 8 —1 Co_„ Corp, 49%' • ——• 3% »+—♦- Fisheries— 45% 600 i 49%;./ Sullivan———2.50 H) Jan Cessna Line Ayrshire $3 <P Jan class A—• Coast RR Co pfd 100 Rayon 2% 2% .A common— & Biscuit Caiamba & Tel Coast "2% 2% Jan ■ •: — — preferred Voting Industries- Atlantic ~2% — .^* — common— Jan —„5 Atlantic ~~2T/8 common— Jan pfd„,100 preferred 4% —_* reg Ltd— 5% Canada Coast 3% Co 2% ,* common —_—.„ of Atlanta Gas Light 6% (B Fi Jan 4% — 1,500 preferred—5 Atlantic Avery 3% 9 Tobacco— Co Cable Electric American dep rects reg .,£1 Associated Laundries of America,,——* Atlas Jan 15,000 non-voting— Associated Atlas 4'A 3% 4% Refining Co & Jan 8 Gas common— Breweries Birm 3% 7 69% Paper Associated Atlanta Jan 10,300 2% 2 * Art Metal Works common: Associated Tel 9 8% c Jan 15% Jan preferred—,———10 Arkansas Power & Light $7 preferred,* Aro Equipment Corp———1 & 35 Jan x26 6% Oil Jan 9 1 Jan Jan 13% 13% —— Apex-Elec Mig Co common Appalachian Elec Pwr 4%% Ashland 31 33 250 25 Fence class 28%; Jan 125 15% Jan —4—„——1* Angostura-Wupperman Common 200 35 Jan common— 5% Arkansas Natural 7% *,,2 Writing Anchor 31 15 * preferred preferred— American 29% 13 Superpower Corp common—* Thread 2,200 „1 Jan 20% Chemical— 13% ... Jan 4 35 : 15'/2 Republics——,——10 $6 101% Jan 20% American 1st Jan 3% 131/2 Seal-Kap $6 series < 93% 20% American American Butler —100 100 —, Jan Corp Am dep rets Burrv Jan 475 Co,——.—1 & Jan 24 y8 1,300 13% American Meter Co American 12% Jan ,—25 common Maracaibo Jan 19% 4 20% common 11% ord Co Hill Inc 12 3% —20 —— Jan 4,500 ; . 100% 101% 31 $2.50 convertible preferred———! Rubber Co—,—,25 American Hard American Jan 13% preferred—— Bunker Burma American — Jan Niagara & East Power- 1st Burco Jan 6% 13% Oil Buckeye Pipe Line Jan 39 24 Jan Forman Distillers Jan Jan Jan Jan % preferred. Jan 1% 37% Jan 23 ; 250 % Bruck Silk Mills Ltd 20% ——1 — Cyanamid 24 4 Va rets ord reg— Jan Brown 50% Jan preferred—— 82 ; American A Jan Jan Fence-& Wire Class Power class 23 • rets Amer dep Jan 1 ; 46 % 50 Jan common Celanese 12% 82 • 50% ''' Jan -* preferred prior » % — S3 \ ' —100 American Brown American Capital class A common—10c Common class B 10c Co dep Jan is dep rects ord bearer Am 3 % % A—— British Jan Jan Jan 2% A— American British 6% 700 — Mfg British Jan 7 Jan % B Class 49 24 ———„———.100 class Jan 6 -% preferred- Brillo Jan Jan ' % 1031/2 211/2 — Box 7 104 % 104 Vz —100 American Beverage common—,,,—1 American Book Co_. ,100 American 105% 106% 49 ' 6% < 102% common— preferred 1,350 13% Goods Mfg—— • Industries common,———* Aluminum 6% 113 %, 108 % __—100 ; 100 % Machine— Corp 6% 13 % common.,— Preferred Brill * • . Aeronautical..— Bridgeport 6% 41% 3 '/a 100 _ „ Bridgeport Gas Light Co——. Jan pfd. Jan 800 >• preferred— Brewster Jan 1% 41% !;j Jan 38% Jan Lgt & Pwr———• Brazilian Traction „1 13% 5,100 6% ——25 — 1st preferred.—— 2d 10% Jan 1% .*• common Jan 2 High 11,000 % j.— 75% Jan Jan L010 13% 1% 100 Scrymser Co_ Inc Range Since January 1 High 11% 6 common 1st preferred Class -i Co Shares 39% 1 optional convertible preferred—_• (Si & Co— _• 5 100 105 % 105V2 (Mich)——a——- conv 13 Blumenthal $3 for Week L010 1 common Bowman-Biltmore common- Investment Class 5% Jan 1% preferred— Intl Investing $3 conv Allied Jan 5% 73 L———— Fisher Inc Alliance 4% 27% "2—3 preferred— common——. Ridge Corp 600 2Va —50 Southern-,— Alabama Power Co $7 (E W) 2,000 — Air-Way Electric Appliance—— & Bliss Jan 5% —10 preferred Alabama Alles 19 1% 2 Great Jan 5V8 -50c Warrants $6 17% 5% 5% . 1 —- common———— Investors 430 4% 5% (N J)..— Accessories Convertible 19 Blue 5 B Ainsworth Mfg common,— Air % 1 Supply Mfg class A— Class 18 .—10 common Sales Range of Prices Par . Wire Acme Week's Last Sale Price . * 100 59 58. 3% 800 59 1,500 115 30 Jan 3% Jan ~2% 2% 800 Jan 59 Jan 111 Jan 115 Jan 10^% 115 100 1 2% 56% Jan Jan 104 Jan 2 Jan 2% Jan Monday, February 1, 1943 CHRONICLE COMMERCIAL & FINANCIAL THE 458 Exchange 29 CUrb York New Week's Sales Last Range for Week lVa 1% 600 iVe Jan 1% Jan 7% 3,100 5% Jan 7% Jan Crown Crown Drug Co common convertible preferred Oil Refining common. "fi preferred. $6 Curtis Curtis Sugar..: Jan 37% Jan 4% Jan 5% Jan % Jan 950 Jan 1 Jan 81 Jan Glen 1,100 IS Jan 1% Jan Godchaux 14% 300 13% Jan 14% Jan 6% 100 5% Jan 6% Jan 20% 18 20% 8,100 15% Jan 20% Jan "% 1,000 10 % Jan 10% Jan Jan 1*6 1,300 V* - 32, 1% Jan 1% 2% 2% 2,500 2% Jan 2% Jan Grand Rapids 7% Jan 7% Jan Gray U Jan 1% Jan Great 19'A _2% 1,100 Jan 20 % Jan Non-voting % Jan % Jaa 7% "1% "l 300 ~>2 100 13% Jan 11 13,000 13% 12% 13% Jan —... Jan D Jan 16 Jan 12% 26 160 24% Jan 26 Jan 25% 6% Gray Iron Mich Stove Detroit Steel Products Vilbiss Co Diamond Co common common Shoe Truck Dobeckmun Co common Jan Jan Hartford Jan 53 Jan Jan 2% Jan 62 % Jan 1% 1,600 2% i" Hat Jan Hazeltine Paper Test Corp Duro 100 13 Jan Hecla 2 % Jan 3% 15% Jan Jan , 300 7 7 100 4% Jan 5% Jan Jan. 7 Jan 21% 21 % Jan 7% Jan 100 8 Co East & Fuel Gas Assoc preferred 6% : Jan $5 $6 62% Jan Hollinger Jan 26 Jan Jan 67 Jan Horder's 2% Jan 3 Jan HormeJ 1% Jan 1 % Jan Horn (AC) 8 Jan 9 Jan Horn & 2% 200 1% 1,000 9 600 Option 1% 1% Consolidated G 1,000 25 2,475 (Geo Co 225 10% Jan 13 Jan 12% 250 10% Jan 12% 480 31% Jan 37 400 2% Jan 3V4 3% 3% Jan 3% 650 67% Jan 71% ~2Va "2% 82,800 ~2 Jan 49 48 49% 1,400 42 Jan 49% 50% 53% 5,500 43% Jan 8 Va 9% 1,200 53'A 9%, • 6 32 25 26 700 5 V4 5. 90 "*6 'A " Jan 53% Jan 9% Jan Jan % Jan , Jan 6 Jan 26 Jan Jan 5% Jan Jan 4% , 130 93 90 Jan Jan 5% 200 26 Jan Jan 7 • 100 % 6 90 94% Jan ~6»A Jan Jan 0 A ; 25 Va 25% v ■ Jan Jan Jan 7 ,'iz :-i •r* Jan 2'A 100 2% 22'A 300 26 Ui 850 26 2% ■: __ 4,200 1 *5' 25 Jan % ' 1 —1 1 Fansteel Metallurgical.. _* Fedders Mfg Co —5 Fire Association (Phlla). —10 Florida Power & Light $7 pre'erred..* Engine & Airplane... 26 Jan 2% Jan 26 v- Jan 7 Jan Am rets ord dep (Harvey) Inc Oil £1 A B * non-voting Class voting 7% 1% Common Indus ...—• Yards 3,000 Co Jan 5% Jan 6% Jan 1% Jan 2 Jan 8,300 37% Jan 42 Jan 105 Jan 107% Jan 109 Jan 5 Jan 42 60 Jan 5 5 18 18 Jan 4% 200 5 18 Jan 18 42 250 Jan 43 A 1% Jan Jan Jan % Jan % Jan 3% Jan Jan 100 % 1 300 3% Jan 19% 1,000 19% Jan 2% 2% 2% 300 1 % Jan 2% Jan 36% 36% 50 Jan 36 Va Jan 5 Va 3% 3% 20, 31 20 Jan 5,400 "9% "9% 100 Jan "9 % 6% Jan Jan 9% Jan 6 5% : Jan 9 4% 4% 6 Vb 5% Jan Jan 6 Jan 23 Jan 22'2 350 22% Jan 7% Jan 11% 12 400 11% Jan 12 Jan 76 78 625 75 Jan 78 Jan 2,100 15% Jan 18 Jan 600 6% Jan 8 la Jan 22% 12 10 18 17 ' 18 8% Jan 7% 7% 18 Fibre Jan 30 Jan a3% Jan a3 Vb Jan 25% Jan 113 Jan 113 61% 83% 1.5 Jan 63% 5,400 1,000 3% 3% 3% Jan 16% Jan 60 100 16% 14% Jan 63% Jan 3 Jan 3% Jan -iV Jan % Jan 8 Jan 9% Jan 1 16% '; a Corp 20 Jan 23% Jan 300 a3% a3 % Jan 29% Ligonier Co— III ' Jan 1 Jan 4% Jan % Jan 1,100 A . ' —1 100 9% 9% 9% , * Securities Hygrade Food Products Hydro-Electric lis — *4% ~4% 4% 1,000 3% Jan convertible Div Zinc Imperial Am 1 Jan 29 4% 10% *11% 3 Jan 4% Jan 9% Jan lll/4 Jan 10% 5,000 Jan 10% Jan 10% 10% 200 9% Jan 10% Jan 10% 10 % 100 9% Jan 10 Vb Jan 16% Jan 16% Jan 91 Jan 99 Jan 20 Vb Jan 24 Jan 20 Va Jan 25 % A Jan . 11% 12 4% 12 5 800 50 >/4 61 60 61 87% 85 y4 88% Jan % 1 Jan Jan 7% _£1 rets regis4— 10% (Can) coupon ♦ Registered ... ;—.— * Imperial Tobacco of Canada.... —5 Imperial Tobacco of- Great Britain & Ireland —i—— —£1 97 Indianapolis P & L 5%% pi'eferred.100 Indiana Service 6% preferred —100 Industrial Finance v t c preferred ' . 13% Jan common i!—— 3 3% Jan 5 Jan 57% Jan 61 Jan 81% 250 Registered Jan 88% Jan 3% 3%' 3% 16% 16% 17 3>A 2,500 3%. Jan 700 15% Jan 17% Jan 75 Va 17 16% Jan 17 Jan 12% Jan 15% Jan — -- — Jan. shares— ._i Jan 73 y4 Jan 700 12 V# Jan 14 Jan 4% 1,200 2% 1% 100 72% 13 71 14 /' '' 1,550 Class' Utility jelass _L— B— (. ■■'4 1% 14% 3,800 15% 15- 15% ;—* 15 100 Jan 4% Jan 1% Jan 1% Jan Jan 8V4 Jan 13% Jan 15% Jan 14 Jan 15 Jan ♦ ' 6% Jan 7Vt Jan % Jan IV4 Jan 3% > 6% . 200 100 6% _• Jan 3% Jan h .".A 9% "• 9% 100 34% .*.* preferred....i—__—.*• Interstate Home Equipment.. .1 Interstate Hosiery JMjills .._* Interstate Power $7 preferred—__* Investors Royalty...4. 1 Iron Fireman Mfg voting trust ctfs.—* Irving Air Chute.—4_ ——1 Italian Superpower AL__—.—.——* $1.75 preferred rtior 34% 50 15 : Jan Jan Jan Jan 32 34% Jan 3% Jan 1% Jan 3VB Jan- 300 "l'A 15' 250 14% Jan 16 8 300 7Va Jan 8 300 V« 3% 2,100 2% Jan 1 VB ~i% 15 7% fn Jan 9% 1,500 3% 3% 3% iV Jan 200 *, ...— Jan 8'A ■ Products.——* International Safety .(Razor B_ Jan 17 70 71 : 1 International Jan % 15%, Jan 100 Co International 20 20% 10 ' of Nort,li America.—10 International Cigar Machine ♦ Insurance 130 99 , 20% 20% —.100 preferred Jan Jan 7'A 10 400 Jan 8 1,250 Jan Chemical Iridustries— dep 7% Jan 25 3% 11 .* Imperial Oil 7 % 1 1,400 1% 29; 27% , 4% Co.—.1 2,800 4,600 10% 29 certificates.—— arrear Illinois preierred 1% 1% .-* 50 Power Iowa Illinois 400 1 Jan 25 6 Jan 73 Jan Jan "1% - 7% % Jan Jan it Jan- Jan —10c —1 —. —5 —.——1 Froedtert Grain & Malt common—.1 Conv participating preferred—15 Fuller (Geo A) Co— i $3 conv stock * 4% convertible preferred 100 (Peter) 1% ■ _ Jan Engineer- _ $1.50 preferred Franklin 7% 1,000 . Worth Stock Foundation Fox 7% 17 Class Fort 1% Motor of Canada- Ford Jan 31 100 18 » Refining— & Huyler's common—J,—— V t e for 1st preferred... $3.50 reg 131 Vi 400 107% 109 109 Industries Inc.... 1 International Metal Industries A——* International Petroleum coupon shs__* Motor Co Ltd—- Ford Jan 102% International Hydro Electric— Preferred $3.50 series.———50 • 1% ' 7% 2; Brewing—..—. Jan Jan 74 1% 39% 42 ...5 Jan F Fairchild 27% Jan 6% International Falstaff Jan 129 50 1.200 31 100 . Fairchild Aviation.. 74 131% 131% .1 :—.—.—....—* Humble 5'/o ~2% "5% common.——....—1 3 'A 23 % Jan Jan 26 50 400 , Jan 37 Inc.—_—1 Inc 13 Jan i*a 11% Corp common—————10c convertible preferred—,— 1 Eversharp Jan 331/2 6 Pipe 4Va 3% ——* ,—* preferred Hussmann 20% Jan 11% Equity common Jan "2% Eureka Jan common—i— Hardart Hummel-Ross Jan ,25 Jan % ">o 3% Esquire Jan 5 _• .. & Co common A) Jan 12% Mfg—_————.4 Empire District Electric 6% pfd 100 Empire Power participating stock. * Emsco Derrick & Equipment——.—5 22 • 50 37 Electric Line 19% 2,300" ""% warrants. Emerson $3 51 23% 10 1 15 Jan 1% .* —2 25 M— Co common Inc..—— —— Jan 1 % . Jan 42 Jan 8 Jan la. Jan 700 48% % Electrographic Corp..———.—. Elgin National Watch Co..— 7% 4,900 8 13 ——* preferred—————.——.—*.*; Power & Light 2d pfd A _* T% 19% : Holophane 66 56% Jan 20 preferred Jan Va com—1 ' .Electric "l% 3% ———10 24 7% 24% Washing Machine B * Economy Grocery Stores.——* Electric Bond & Share common.. 5 Jan 100 6% & Co class (R) 50 2% 51 Easy aii 200 29% Hoe 25 150 1% preferred series A—... —* $6 preferred series B__ .* Eastern Sugar Associates— S5 preferred v t c*..; —1 Jan Jan J an 8 67 7% $7 Jan 98 Jan 200 131% ....— 26 8 % —25 * Corp States Eastern — Iron... Malleable Eastern 200 4% 74 Chemical— 62% 1 % 100 100 prior preferred... 4 % % - 23% ...... 1. 26 2% common— Jan 6% 6% Jan 3% 5 ..........10 common.—. 62 26 10 .... Jan 28 Va 4% Henry Holt & Co participating A—..* Hewitt Rubber common——_.——5 Hubbell Lead Picher 14 Jan 5 "1% 5 Class A 5% Eagle Jan 26% 23% 23% Stores common...J... Preferred 4% common—..... Sulphur... Texas Duval 12% —"!% Rubenstein4—_—.— Heller 4%2 common.—.* ... 1 * 4,300 •iV 5 convertible preferred ,.50 Mining Co.-—— —25c Helena 14% ._ B Jan 96 — Corp——i. Dept 67 class Hosiery Durham 45 . Corp of America B non-cot Jan 2 100 15 15 _* Duke Power Co— Jan Jan Electric Jan 9 Jan % 100 1 ti 2% 2% ——^.10 Harris Co.— Driver Jan 5 Jan 6% Coal B____—...—25 Corp Draper Jan 89Va 27% Light—25 Hartford Rayon voting trust ctfs _1 Harvard Brewing Co—. ..1 Hearn Ltd...—,———* Co Steel & Dominion 13%, 6 Heyden Dominion Bridge 104% Jan 125 12% 27% 12% Products 1, Paper.4-- Hammermill 1% 62% -.1 1 common 3% Jan x8% 1% 2% —* common Divco-Twin Jan 50 1 __1 10 10 Foundry Detroit Jan Jan 4% Tea— Co.. Lamp 1% & Detroit 100 Jan H Hall 3% • Jan Jan preferred * Mfg 1 preferred without warrants—20 Gasket 32% 45, Jan 11% convertible Detroit De 15 400 100 debenture Derby Oil & Refining Corp com A 25 12 % 5 50 prior preferred $6 Jan Jan Jan 10 Jan 15% 12 1 Dejay Stores Dennison Mfg class A common 8% 8% 1,300 10 157/8 35 convertible A Class 9Vs 10 3% 89 % Greenfield Tap & Die— Stores Jan , 31 300 4% 25 — —♦ common—25c Gulf Oil Corp — —25 Gulf States Utilities $5.50 pfd— * $6 preferred... : * Gypsum Lime & Alabastine. —• Northern Great Jan 103% 75 104 % 103 stock———.* ——100 preferred.j 1st Grocery 5 —* 1 Petroleum common Davenport Hosiery Mills...... Dayton Rubber Mfg Pacific & common 59% Jan '50 32% 32% .1 —4.—.....1—; Atlantic Jan Jan Va'- Jan 30 ' Varnish. Co. Mfg ' . % 52% 600 4 59% 3% * 10 — 1 , 1% 3', 103 Vz —* ... i. common 1% common Darby Mfg Jan It' • AJ ciass preferred $3 Jan 36 10 Sugars class A__. Inc Gorham Gorham 66% Jan ■ * Class B— U— * $7 preferred— _ • Goldfield Consolidated Mines..J 1 Goodman Mfg Co—; ...50 J an 10% 10V4 Coal Alden ... ~17 I Jan % 1% 6% —J—— Co.. Gilchrist Jan 30 • -* common Preferred "lV4 200 4.— preferred (AC) 61 20 57 * • * Georgia 14% 5 * Lighting Inc common 2.50 Mfg Co (Mo).————5 Atlantic Tobacco Cuban Cuban Gilbert 79 • —18 Crystal $5 "l ~1% " 5 * 25c ...25 Co . Petrol (Mdl Cork International A Cent Jan Jan ~5% -III . Jan 9% VB 5 ——_— ——. 9 Jan 37% —5 Co Jan 8% 1,900 40 Electric common___l preferred—UPower $6 preferred $3 Jan Jan 9 700 9% 9% 10% 9 % 100 9% 9 High 66% 36 pfd A—100 Tire & Rubber 6% Gen Water Gas & 9 10% 10% 10 % 82 Low High 36 preferred.—:——* convertible $6 Jan Jan 76 ...1 —:— Jan 107 Jan General .100 Crowley Milner & Crown 3% 107 Varnish Co Cooper-Bessemer common..—, $3 prior preference— Copper Range Co ._5c Cornucopia Gold Mines..... . ...1 Corroon & Reynolds— $6 preferred A—.... — III Cosden Petroleum common. ..50 5convertible preferred Courtaulds Ltd— JE1 American dep receipts (ord reg), Brewing Jan 7Va 7% Cook Paint & Petroleum. Liquidating Co 4% 200 Retail Stores.-. — .100 preferred ..10 Royalty Oil. — Consolidated Steel Corp.-—»—.— Continental Gas & Electric Co—• W Jan 4% Range Since January 1 Shares 66 66 100 General Public Service $6 preferred..* General Rayon Co A stock— — * General Shareholdings Corp com 1 Jan 4% 8 % C 35% pfd Outdoor Adv 6% General Jan 31 225 1 Consolidated Croft . 35% Consolidated Creole , 3 4 >/4 for Week Low Par - High 5 Smelt Ltd. T/c prior preferred Continental Roll & Steel January 1 Low Sales Range of Prices Sale Price Jan. 29 ■a High Low Par Consolidated Mining & Range Since Shares of Prices Sale Price Week Ended Jan. Ended Week .Last Curb Exchange York New Week's Friday S T O C. K S Friday STOCKS Brewing Co Distilling — - — — 15% 15*4 Jan 800 2'A Jan 2% Jan 11% 500 11 Va Jan 11% Jan Jacobs 20% 100 19% Jan 20% Jan Jeannette 9 Vb . Jan "2% 1% 20% ~2% 10% IIV2 v. 1% 4,600 9 Jan 10% Jan * Jersey J 29 32 275 29 Jan 32 Jan 6% 49 __ 49 100 45 Jan 49 Jan m • Glass Julian & Kokenge Co4 ,2% 3% Co—.JL .... —1 Co..L———_,.* Central Pwr. &»Lt 5%% pfd__100 preferred..—i_. ; 100 preferred..—J 100 (PL) , 1 1% 73, 73 IV. Jan Jan 80r, 80 10 69 VA Jan 90,. 90 80 >90 10 79 Jan 90 Jan Jan 13-V Jan 13% * ... 3% 1 G K 1 1 Gatineau Power Co * common preferred 100 Mfg Co common 1 General Alloys Co ... * Gen Electric Co Ltd— Amer dep rets ord reg £1 General Finance Corp common—. 1 5 '•€ preferred series A —10 General Fireproofing common • 0»n Gas & Elec $6 preferred B_. * 4 — 1 f 68% 5% 10 For footnotes see page 461. Jan 9% Jan Jan 2 Jan Kings 68% 9% — 9% — 100 % ®'B VB 100 9% — % Jan 68% Jan Jan 1 Gellman li 9% Ga's & Elec 7fe preferred___100 Keith (George E) Co^p . A . 7% 1st preferred J— 100 Kennedy's Inc 4 5 Ken-Rad Tube k Lamp A__ * 2 ^ 00 1 Jan % Jan Jan Kansas 5% ' 14 — 14 104% 105 % 200 13% Jan 130 96 Jan 14_ 106% pfd B Co Lighting preferred D—j Jan Kingston Jan Kirby Products—L Petroleum : . - : ... — *. ■ 100 2 Jan 67« Jan 5% Jan 47 Jan 47 Jan Jan 36 Jan 2% 2% 400 , 3B Jan Jan Jan •32 2% . 20 >4 10 1% . 2% - 30 2,500 35. 1 1.. 1 47 47 100 1 118 Jan 5% ' ' Jan 6% 10 118 118 ' — 115% 20VA - 1% Jan 2% Jan 1% Jan 2'A Jan Volume 157 Number 4147 THE COMMERCIAL & FINANCIAL CHRONICLE 459 MM *fc— I NEW YORK CURB EXCHANGE STOCKS New York Curb Friday Exchange Week's Sale Price (D G Emil) Kleinert (I B) M Ltd Co Co for Week of Prices Par Kirkland Lake Klein Sales Range Last Week Ended Jan. :ii) Low STOCKS New Shares Range Since January 1 High Low % Rubber Co Jan 1 Hoppers Co 6% 5% 5 5 Va 300 Navarro preferred convertible Kress (S H) Kreuger 1st 100 , preferred.. special Brewing Va Jan 5% • 95 94 % 95 '/a 92 Jan 97 Jan Nelson Jan 13 1 4% 4% 200 13 Jan Jan 47/a $2 Shore (N Mines J) 100 Lamson Corp of 10 .1 — Delaware Bryant 1% Lane 28 1 Ltd preferred Lane Wells Co 9% England Tel Haven Idea Inc 2% 5 2% common Langendorf United Bakeries class A„* Line Material Lipton Lit (R G) Brothers Locke Steel I'/e preferred * Power & Corp 24% . & Y 1% !,.~6% — Jan ~VVa Jan N ~>8 Jan s/a Jan N ■ Y State N Y 400 24% Jan 25% Jan 1% 500 7% 1 • l'u 175 28% 27 2% 5% 5 f' 6% 20% 21 350 1st preferred A optional B optional Class A preferred.—.., Jan Noma 6% Jan North Jan $6 Jan Niles-Bement-Pond Amer $5 convertible Manischewitz Mapes B 6% preferred Marconi ; Mfg Co Jan 3 57 Jan Com- Ltd.. 11 * Shovel————* Mass Utilities Association t v 3% 1 c common McCord Radiator & Mfg B—. MeWilliams Dredging Mead Johnson & Co Memphis Natural Gas Mercantile Stores • gi/2 —♦ common Merritt Chapman & A 4 5'A Jan Ohio Brass Co 200 1% Jan 1% Jan Ohio Edison ; Metal Textile 5 Va 25c Participating preferred Metropolitan Edison $6 preferred Michigan Bumper Corp...— Middle States Class Middle B t v 28 2.50 " - 4% Petroleum class A _1 v t c.l 4 c $2 Midwest Midwest common... • 98% 1 Jan % • common.—. 104 Jan 1% 28 lA Jan Oliver Overseas 28 Moody Investors partic pfd • Mtge Bank of Col Am shs_. Mountain City Copper common.. Mountain Producers Mountain States _5c 4_% Jan 4% Jan 18 Jan 7'A Jan 5% Jan 4 1st common.. • —.100 Murray Ohio Mfg Co Muskegon Piston Ring.. Muskogee Co common.. _• 1. _2% 1 Jan 2,100 4% Jan % 5% 100 15% Jan 16% Pn 1st National National $1.30 $3 City Lines ;27% Jan 1% Jan 2% Jan 6% Jan 7 Va Jan 15% 15% 50 Jan 15% Jan 52% 14". 700 1% 1% 100 1.% 975 50 Jan Jan 1L. VM'-A 6%; .1 *1. 51,4 Jan 100% 6% ; 800 5.% :%••• 5% 18% 18 Jan J^n 8 1,000 in- Jan 4%. 2,900 18% 1% 1st ■ - .r-V'* Jan 17,. f 1/200 1.1 " ■ 6% 21% x21 X21 55 113 21% Tubes 125 101 5 " 6% Jan;v- '.9 5% 13V8 13 Jan 19 National Fuel National Jan 1 1% 5% Jan Jan 171% Jan Jan 21% Jan Jan 21% Jan Jan 5 Va 13% 300 112 V2 Jan 113 100 9 200 Jan 12% 4% —': * 46 50 57, Jan V; Jan Jan 9% 100 10 ; 2,000 ~ur Pierce Jan 57 class A 1,100 Jan 10 National Rubber National Steel National Sugar Refining National Tea Machinery Car 5%% For Union Pitts IIIIIIII — Jan 15% Jan 17% see page 461. 650 52% Jan. 62 Jan 400 22% Jan 25 Jan 25 25 100 23% Jan 25 To% 46 200 1,200 9: Jan 10 3,500 8% Jan 10 Gold Bess 850 87% Jan 3% Jan 4% & 5% 5% 6;% Jan 7% Jan % 1,100 900 7/s 85 Jan —; Jan 2,700 4 Va Jan 300 9|% . 11; 600 500 2% 18 2% 18% 2%. 18 Va 19 93% .. 16% Jan 300 94% 9 A Jan 6'A Jan 18 Jan 2% 50 Jan 17% Jan 19 Jan 91 950 Jan 94% Jan 2% Jan 111% 109 Jan 106% Jan 109 Jan Jan 108% Jan 104 60 112 107 109 Va Jan Jan 104 Jan • - ■ •— 104 . 104 150 ' % Jan 167A 48 8 - 18% 17 Va 18% 1,100 48 48% 100 113 . 113 :i" 10 '• • ~ ■ Jan Jan 18% Jan Jan 49 Va Jan Jan 110% : — 8% . 113 Jan ■ — ... 4% 4% 100 3% Jan 4% Jan 3% 3% 500 3% Jan 3% Jan f ' ■■ 8% Jan 10 102'A 32% 10% 32% — 100 80 — 3% , 30 37/s __ __ 4% • Jan 106 Jan Jan 80 Jan 4% 3% Jan 3% Jan Jan 72% Jan __ — . 73 700 Jan 72% ... * 80 3% 4% 12,100 3% Jan 4% Jan Jan 17 % Jan ' x.. 14 J 10% 11% 29% 29% 29 % 250 1 ~4% "5% ~4% 16,400 1 10 • Co series A common E Scale .* Jan Jan 7 Jan Jan 12 Jan 10 2,000 • % — 89% i3o 83% 4% Jan 3% Jan 9% Jan 10 Va Jan 44 Jan Jan 28 Jan '1/4 Jan 200 Jan 350 76 Jan 90 Jan 79 50 75 Jan 79 Jan 75 150 Jan 150 Jail 55% 105'A 55% 56 V'a 450 105 Va 104 275 4% 1 common 5 % 400 4 Jan 4% Jan 5 Va 700 5 Jan 5% Jan Jan 4'A Jan 5 9% 600 11 % Jan Jan 47 Jan 8% 700 8'A Jan 1 Va 1% 3,600 6% 1% 7 600 52% 52% 10% 11% 88% 88 % 89 54 370 of America 11% Corp of Nevada Jan 47% Jan 54 Jan 100 10% Jan 11 Va Jan 84% Jan 89 Jan \'2 Jan 2% Jan 8% Jan 11% Jan Jan }J Jan Jan 4 Jan Jan 4% Jan Jan 5% Jan 500 2 11% 11% 400 % 2,800 4 500 37» 4% 600 438 5% " • 1 39% 1,300 ., 20% !) 20% f) 50 * Metals % "1 «r 19 Jan Va 2,300 34 ~5% 1 5% Va "5% all Va 1,000 ) 10 of ; 21 Jan Jan u Jan Jan 57/s Jan Jan V« Jan 3% 500 * Gas Jan Jan Jan Jan 2% * common 1 % 7 6 2% Corp of Canada Inc Jan Jan 38 % 1 1% 8% - 4% Co Jan Jan 42% 8% 10 Mining 5 8% 1,600 47 3% Lambert 32% Jan 24,900 11% 45 25c common Jan Jan 4 4% 11% 47 1 —7.50 Jan 23 Va 4% X7 50 56% 106 32% 50 — Jan 5'A 1 Meter RR Jan Jan 21% 25 10 51% 104 • 34 Jan Jan Jan 77« 5 Jan Jan 8 Jan Jan Colorado— 6% 1st 7% 1st preferred preferred— Puget Sound Power & Light— $5 prior preferred $6 % Jan 90 Providence • Jan 150 5 Pressed Jan 29% 76 5 Gold Jan 28 Jan 150 Alexander & 11 Va Jan 27% 9% • Ltd Mining Qo & Jan 28% 44 • common common Sugar 9% 28 10 Inc 1,100 —* • pfd preferred. Puget Jan 2% Jan Sound Pulp & Timber Pyle-National Co common fA Jan 7/a Jan Pvrene 2,% . Jan 5% 17% • common.. Postage L Prentice-Hall Jan 800 2% Jan ****■' — 1 Power 5% Mines Public Service 100 7% 12 ;■ . Jan 25 Pratt Jan 4'A 2%- . 9% Prosperity Co class B 91 7% 11% Jan 29% Metallurgical Premier Jan 7<" ~2%" i' ... Jan 10 10% s •>if Jan 111 — • Securities Potrero Jan 9% 9% Jan % 20 Co Governor Polaris Jan Jan 10 ZII" • T _Tr30c 62 100 Pittsburgh & Lake Erie.. Jan .4%- ~7% JL2.50 Mines Radio.. footnotes ——III preferred National Transit.. National Tunnel- National . Ltd Jan —50 Co.: Packing Pitney-Bowes Jan 45- 50 91 Jan % 33% com: Jan 10 89 3V2 Jan 5 * $3 preferred Pioneer Jan 6'A Conv Producers 91 * 25 Power Co Circle Phoenix Power common. National Pwr & Light $6 pfd unstpd.. $6 preferred stamped.. National Refining common Jan aa 3'% Jan Light $7 preferred & Phila Electric Jan 13% & Philadelphia Co Jan 9% 10 Mfg & Stores 46 3% Jan Jan A Elec Mfg Pneumatic 17 V- Jan 500 9% ' Jan Plate Glass Pleasant Valley Wine Co 16 Va ~~% •: 31 common Water Powdrell 17% Jan 23,400 t 28% 1 Pharis Tire & Rubber Jan iV Jan ""% 100 10 Mfg Co.— Sugar Prop common Perfect Jan : 8% 100 1,600 ; Salt Pepperell Jan Jan 10 Jan 32% pfd preferred Phillips Jan 4% 13'A / Jan Jan 95 29% .29% ...105% 105% Corp Penn Jan Jan "Ik 9 >A' Jan 25 • Penn Jan Jan 1 % & Power $6 Penn ... Gas • • . preferred Gas Penn Jan 350 1,500 13 Va A 4'A . 2,000 ~~l:i Pennsylvania Edison Co $5 series pfd_* $2.80 series preferred— * Jan 1,100 :* 9% 91 8% 25 Pennroad Corp common. Cent Airlines common Jan 5V4 112% 113 9% — 160 1/128 Jan Jan 82 • Telephone Jan 13% • 13 \A Jan 95 ■. ; . st~pfdIIIIII25 com— Co Penn 20% - "l% "1% 1% 5'A ... 3'A 57% — Penn Jan 21% 110 21% 1/128 % Jan 100 1,600 • 1 Light 7% Motors Pen $1.40 Jan 5,% 166% *'v 169% 170% 40,000 r. 4'A & • preferred Peninsular Jan lw8 ir ::<•% preferred Container (Del). Jan — _1 Parkersburg Rig & Reel Patchogue Plymouth Mills. ■ 5% % '% _t: common convertible National 50 Jan 1% ' __ 10 common... Jan 3% — 15 Service Parker ... National 42 24 — 100 p.nmTTinn & Page-Hershey Jan 25% ; Breweries common. Candy Co 30 & 1 preferred Public Plough Hess 50 3%, vs',»»w" Pittsburgh Bellas Jan !?, ■» Power Pittsburgh National 61 — , Jan 875 100 ... Jan 5 common.. Lighting $5 preferred Pacific N Nachman-Springfilled pfd_. — Pacific Jan 300 * preferred—.— 54 9% 100 Pacific Jan % PfiTi Gas & Elec 5% % Jan x3% 2,300 1% Jan 2,275 3% 100 Securities Pacific Jan 2,200 54 Jan 61 91 . : Parffir* Jan 4,500 1% Jan Jan 7% " ..10 Power Mountain States Tel & Tel 2% Jan 2% * • Jan 1/1281/128 w United Filters B Jan % 4% 1% .......10 * 1% 103 . 55% 50 Omar Inc Jan Jan 1 Utilities.. 36,900 9% ♦ prior preferred conv Jan 27 % 1 Society A 2% — 25 preferred $5% Jan 52% —♦ Montgomery Ward A —1 Montreal Light Heat & Power 6% Jan 5% pfd—.100 common.. 43% ^ 7% Jan '% 26% % - ? Voehringer common.—..2.50 Corp : 1 Dakota Service 6 Jan 1% 2 ] — Molybdenum Pictures A common,.. Oklahoma Natural Gas w',;; ♦ Mississippi River Power 8% Monarch Machine Tool— Public Jan 7 % 50 •' —___10 Missouri Public Service class 6% Jan 250 15% Jan Jan 10 preferred 2 6'A 15% 19 % Jan 36% preferred.. 20 200 4 ,5 ... Co. Mining & Mfg... —_*• Minnesota Pwr & Light 7% pfd. 100 Montana Ohio Jan ' 53/8 Minnesota Monroe Loan Jan 200 % Jan 90 2% — Pantepcc Oil of Venezuela Am shs Mining Corp of Canada.. Monogram 3 24 0% Paramount Piping Jud Jan Power 4%% % 1'% 1/2 __ & Supply Mid-West Refineries Mock Oil Products— Abrasive Oil Ohio Ohio Jan - __ Mid-West Jan % ' _l dividend shares non-cum Co 10 Jan 5 10 4% 16% 650 pfd.100 preferred 126 7 Va '. Jan 19% 4'A 4 Jan 400, % 7; — Corp common—. 5 Midland Oil Corp $2 conv preferred—• Midland Steel r > — West Midvale 28 4% ■*, 10 .J. 6% ... B 1st preferred Oilstocks Ltd common 2,100 ~~% 1/2 Jan 99 40% — 1 . $6 Jan 2% 75 l'A 105 Jan 47 * class Jan 21 2,200 104 1 Jan 96% 10 5 Corp Jan * Michigan Steel Tube.. Micromatic Hone Corp.. % 15 Michigan Sugar Co.....— Preferred 8 125, .% 104 1 6 ■ 104 O $3 1 Corp... J an. 2 x.—100 Messabi Iron Co 26 19 5% Jan Jan .50 common Jan 100 - 102 % 18% 61 ' Jan 4% 600 24 200 ~3 18% 96% 2 % Jan '% Ogden Corp 3 Jan 102 % —.—100 Jan 20 24 • preferred. Public Service Jan 1,400 2% Jan 18 25 Oil preferred Northern Pipe Line— Northern States Power i30 Jan 1 —— 3% - 2%;: 28 Jan - Warrants 6%% 7 c/n Texas 200 . Jan Jan * Scott Nor Indiana Jan Jan 40 50 Co 3 125 Va 126 * preferred RR 11 10 Merchants & Manufacturers class A..1 Participating Central Penn Jan 600 1V2 9% __ -—5 common........ Jan 11 300 5 1% * .• % Jan % 5 . 200 18% 102 * Jan 3% % • Jan 19% Utility Securities—_* 2 . Massey Harris 1% 96% Rayon class A 100 11 3% Jan 8,100 28 104 .• 100 3 l'A 1% "2% 5 common Novadel-Agene 3 __ Jan 1% * — B— —— 26 —— 60% Light & Power common..1 American North Jan Jan 57 ♦ Marine Jan 2% 400 • Margay Oil Corp Marion Steam % * Co_„ International munication 1,200 3 Jan * prior preferred Northern (The B) Co.: Consolidated 57 Va 1 American North % __l 1,600 18% . „ 59 5% ■ -.100 preferred... Class Manatl Sugar optional warrants! Stores.: 57% % Electric North Mangel 14 1/128 ....— ... Mines— Jan Jan Jan M 95 Jan 13% 5 common— 2% 21 Jan 4% 400 warrants.. Nineteen Hundred Corp t 87% 160 5% Jan '' warrants Class Nipissing Jan Jan 100 100 Jan 105 9% 1% 100 Jan Jan Jan 14 10 preferred 2d % Jan Jan 9% 95 5 V8 100 common 27 Jan 2 31% $5.10 pfd.100 pfd Power Niagara Share class B Jan 91% 10 Class Jan Jan .7% ... Jan Jan — 1 6% 28% 18% Jan 1 25% 57% preferred—100 & Gas Jan 5% 100 13% ' 4,800 . "l% 800 2,525 • shares Service Jau 103 -I" Jan 10 7% 20 2% Jan 2 2 31% warrants.. Jan 700 ~2 5 % 1 .— Electric Water 5% Jan 1% 14 Land 21% 1,675 2% 6% Jan 2,100 Jan 1% * Niagara Hudson Jan 17% Jan Jan 6% — ! Jan % 3,900 % 27% 2% 17% 8 ' 25 __ i" Jan 12% 150 % 25% common N Jan 14 7 % Founders Jan 50 *4" 2 95 • preferred. % 17% Jan Shipbuilding Corp— "5% 7% 3Tb 4 30% * Rosario— Power & Light Y 5% 1 ,73a * Exploration.. Y Jan . 100 common Honduras Jan 550 Jan 600 — common———_—_* Co Merchandise A 8 14 100 Light $6 pfd — ~4% '■ .—..100 —. 'I- > 20,900 25% 7% 14 * common preferred class A. Lynch City Omnibus Y N .• 'f 25,600 % 17% ♦ 6% preferred class B Loudon Packing % 7% 5 Louisiana Y N -v Jan . "4% ~5% 25 Corp...: & N Jan ..IT-* 100 25% 5 common Land Jan 3% Jan 100 ■ % . 1 Inc 6% Louisiana 3 "7% ~7% "i * : Long Island Lighting Auction $6 —> 25 Inc. Chain Lone Star Gas Y * _ Co (Thos J) Process Co N . Lehigh Coal & Navigation.——— Leonard Oil Development ! Le Tourneau New Jan T"*"""'' 109 'A 3% 31% 25 Jan 2 Tel.. Arizona 10% ■ 1 & 28% * —— Mexico Jan 3% Jan — Jersey Zinc Jan — • Co 8% 2,200 14% 108% * 1 A common 20 Va — "7% 1 Class B—— Lelcourt Realty common Convertible preferred 3 — Jan 70 .. 100 & Clock 220 100 ; 5 class 7,300 10% High 12 % Jan New 27 A "' 28% Low 700 108% 109 % — 14% * New Lake Corp preferred New Lakey Foundry & Machine Range Since January 1 High 14 . preferred... New RR 100 Shares — Jan 4 Vn ,. 14% England Power Associates New Lackawanna preferred Sales for Week Range of Prices Low * (Herman) 6% 10 Co Co Nestle Le Mur Co New 100 preferred Week's Last Sale Price Neptune Meter class A 200 Kresge Dept Stores— 4 f/r Oil Nebraska Power 7% Nehi Corp 1st pfd 4 Friday Exchange Par Jan —10 Knott Corp common Kobacker Stores Inc„— Curb High Va 1 * common York Week Ended Jan. 20 Manufacturing 100 — 100 * 106% * 49% • 5 10 — 106% Jan 106% 114 Jan 114 Jan; 400 101% Jan 107 Jan 50% 5,475 45'A Jan 9'A 400 7% Jan 9 % Jan 83A 100 8% Jan 8% Jan — 114 — 8% 114 106 106% 4818 8% 8% 70 50% Jan THE COMMERCIAL & FINANCIAL CHRONICLE 460 Monday, February 1, 1943 NEW YORK CURB EXCHANGE Friday Exchange Week Ended Jan. 529 Range Curb of Prices Sale Price Low Par New for Week Shares Range Since January Stinnes (Hugo) (S) Co 71 72 890 70 Jan X148 xl48 60 147 Jan 71% .100 preferred— Quebec Power Co 6% 148 72% Jan Jan 149 Sullivan Sun convertible Ttf % 8/8 8'/a 8% 675 7% Jan 8% V* 100 JA Jan .14 Voting 10 1 common Investment A 13% 200 1314 Jan 13% Jan —10 Packing Co. common Rath Raytheon Manufacturing —* & Engineering Reliance Eiectric Radiator Valley Gas Co v Richmond Rio Grande Cable Corp Rome Roosevelt Field Inc—— "5% 3% 3,400 10)4 10% 400 8% 8% 700 1% 200 Petroleum Co TypewriterRoyalite Oil Co Ltd— Royal 114* 400 814 "2% ~2% "2% 52% 52 600 A Jan Jan IOI/2 Jan Jan 3% Jan Jan 10% Jan 7 Jan 8% Jaii 114 Jan 1% • —-—. Jan 900' ' 53% ~2Vi — Jan 91% Jan 14 Jan Jan 7% Jan 814 2% Jan 3% Jan 2% Jan Jan 52 " 16 Jan Jan 56 Jan Texas Power & Jan 17% Jan % Jan Jan 8% 100 7% Jan 8% Jan 2% 4,000 1% Jan 2% Jan 43% 43 Va 100 43 Jan 43% Jan 59% 60% 1,100 51 Jan 60% Jan ~8% — ~8% 100 Jan 8% Jan 8% 3% Jan- Jan 3% Jan 3% Shovel Thew Tilo Co Roofing Tishman 3% Jan % Jan Jan 4 Jan 17% Jan 20 Jan 6% Jan 9 Jan 400 3% Jan "3% "3% ~3% 17% 17% 100 17% Jan 17% Jan 4% 4% 500 4 % Jan 4% Jan % % 400 % Jan % Jan 43% 430 2 ... common Allied & 3% 700 8,400 5 Co Realty & Tobacco 3,000 9 .100 pfd—. Inc Tobacco 4 20 8% 9 1 Texon Oil & Land — Construction. Stocks Product 43 43 43 Exports "Jan 2% 44 Jan Jan 2% Jan 2% Jan Jan Tobacco Security Trust Co Ltd— Amer dep Amer dep recs def rets ord regis— 2% reg—— . 500' 2% 2% Jan ' Todd Shipyards Toledo Edison 7 % • Corp. 6% preferred 109% 109 % % —1 1% 1%. 7% 7% 58 Jan Jan Jan Jan 1,100 Jan Jan 2]/8 Jan Jan 1% % Jan i7* 109% Jan 108 103 7% Jan % Jan Jan 7% '600 6 Va % lV Yb 4,900 V2 Jan-: "5% 5%- 5% 2,400' 4% Jan 6 warrants Inc Chatillon 53 1,500 2 -10 Transwestern Oil Co Tubize 10 % 1 Trans Lux Corp. Tri-Continental 220 58 103 .100 preferred Class 57% IIoo Tonopah Mining of Nevada—. Jan Jan 3% 19% 4 Light 1% Trunz A Jan 300 3% 3% 3% -III Ryerson & Haynes common 15 — III* Jan Jan 314 1 13% 2 —* tV Jan 314 t Corp Tampa Electric Co common Jan 3 10% 16 -20 Aeronautical Co Consolidated Petroleum Ryan Ryan Jan Jan 2% 814 —— Russeks Fifth Ave. A 91% —1 convertible preferred $1.20 A Jan 24 02 1% —5 Root Jan Jan 1014 3% "~-5 common Jan ~2% Jan 13 Pendleton Inc Roeser & 3,400 • Taggart Corp common % 3,200 _100 6% pfd D— Rochester Gas & Elec i\ ' 10% 1 -* ——1 t c— 1 1— Goods Stix Dry Rice 2% 4,000 "its % 1 Republic Aviation Rheem Manufacturing Co Oil ,—25 com Technicolor Inc common 21% 50c 5 Foster Oil Corp— 600 2% % 1 * Roller Bit Co Reiter 2% 2% common—50c Red Bank Oil Co Reed % 13 * Raymond Concrete Pile common $3 convertible preferred 13 17% Jan 13% Securities Railway & Light Jan Jan J/4 Radio-Keith-Orpheum option warrants- Railway & Utility Jan 8% 2% 43% 60% 50 preferred High % 200 ^ Jan Jan 800 Low % 14% 17 1 Finch % 1 Oil Oil Co (Calif) Superior Port Cement class B Swan Range Since January 1 High 12% • Ray Drug Co 5% % Shares • Superior R Low 5 Machinery Sunray ... for Week of Prices Sale Price Corp Sales Range Last Exchange Par Stroock Quaker Oats common Curb High Low High York Week Ended Jan. 29 1 Week's Friday STOCKS Sales Week's Last STOCKS York New . I A Corp —1 43% 550 46 39 Jan .„ — 1 Jan 46 Jan 1% 1% 1% 800 1% Jan 2 Jan 7% ; Tung-Sol Lamp Works 80c convertible preferred " 7% 7% 200 6% Jan 7% Jan 800 Jan U St A $2 Class St —* 50 Corp Ltd Lawrence pref conv preferred- 7% Salt Mills —. Savoy Oil Schiff Co —— common— 225 1% "34 -y4 2 119 Jan 4% Jan 17,900 2% Jan Jan % Jan Jan 27% Jan % Jan 800 IS 9,000 % Jan. 1% Jan 12% Jan \l Jan 23% 28 150 22% Jan' 28 Jan 27 2,800 25% Jan 27 Jan 18% 51. 30 52; Jan, 48 52% 7% Jan 400 1 Jan i;400 % 5% 5% 13*% 1,400 4% 50 13% Jan 13% Jan 14 % 4,800 14 Jan % Jan 3% 3% 1,200 Jan 3% Jan 13% "IS Inc common—1 3% ,—5 53 Sentry Safety Control Serrick Corp class B : 1 1 Seton Leather common * Jan % Jan 5% Jan 2% 3 Jan Jan, 5114 Jan 53 650. 5214 Jan 53 Jan 200 Aircraft United ~5% 100 2% 2% 1,500 88 100 88 114% 114% 30 A Jan Jan 5% Jan 5 2% Jan Jan 83 Jan 113% Co Silex common — Simmons;Boardman Publications— $3 convertible preferred Simplicity Pattern Jan 2% 15 Jan Jan 1% 200 1% 1,400 390 228 1 Jan 175% Jan 96 City 10 96 96 Solar Corp. Sonotone Manufacturing common Soss South Coast Corp South Penn • original preferred 25 preferred B 25 preferred series C_ 25 Southern Colorado Power class A—25 7% preferred _—— I 100 Southern New England Telephone—100 6% 214 23/a Phosphate Pipe 10 10 5 Co Line Co Royalty Southland — (AG) & Bros 1st preferred Spanish & General Corp— Amer dep rets ord regis—: Spalding Spencer Shoe Corp. Standard Common Jan % Jan 2% Jan 2% Jan Jan 2% Jan Jan 2% Jan 2% 2% 1,200 214 2% 100 1% 3% Jan 3% Jan 4014 1,800 37% Jan 40% aJn 40 Corp 40 40 Jan 40 Co _ —: Standard Steel Spring Steel Co of class B Corp voting trust Canada & Co common— Sterchi Bros Stores Stein (A) preferred 5 % 2d preferred Sterling Aluminum Products Sterling Brewers Inc Sterling Inc 67e 1st Stetson For (J B) ; 30% 30% 400 29% Jan 31 Jan 29% Jan 12 Jan Jan 57 Va Jan % Jan % Jan % Jan./; 3an A Jan 6% 38,900 8,400 —— 10 Jan Jan 800 7% TV ,—; "7% 12 57% 6% 10 150 ; Jan 10 10 1st $7 warrants 1st • B • $3 Molasses Jan United N J RR & Profit S Canal Co— .. 1st S U ¥ Tiff. i- 24 Va % Jan v." % 500 A Jan 23% 24% 6,100 Jan. 83 Jan / Jan % Jan / i7g Jan 24% : Jan 29% Jan 85 Jan .100 uan 1? Jan 850 63 Jan 68% Jan 43% 140 43 Jan 43% Jan 5% 1,000 4 Jan 5Va 2,900 2% Jan 3% Jan 400 7% Jan 8 Jan 100 VB Jan lit .-10 X66% 68 V2 43% —1 4% X66% 1 Securities 3% 3% 3% 5 common 8 8 8 ♦ preferred with warrants. • Inc preferred———_10 Radiator Rubber i'a Reclaiming Wall 67 % 575 60 Jan 67% Jan 8% 500 8 Jan 8% Jan 28% 50 28 Jan 28% 1% 1% 100 1% Jan 1 1% 2 200 1% Jan 2 "1V2 50c % 1% 700 - A Jan 4,100 >;" 1% Jan 9% Jan Va Jan Jan Jan A Jan 1% Jari 10% Jan Consolidated Oil---—.—10 Cooler class A——— JJ '/a 1% 1% ——2 Paper A iJan 8% 66 8% ♦ Universal Jan 28% 67% 20 1 common United Stores common United 4,200 Jan common- ._25 Machinery Plywood $1.50 conv preferred S % 29% Lines S A ..25 Shoe and International $5 U S Jan 118% Jan .25c Sharing preferred———. Graphite U S Jan Jan A 2,150 Ltd— United Specialties common U S Foil Co class B U 115 2,200 116% 118% 118 • preferred— Co United United 1% % Jan '' '/ rets ord regis— dep 10% 30,300 21% • participating Amer 1% • preferred United Milk Products United ' — & Power common A—* class Common ,1 % preferred non-voting United l ight 1% 1 Class • • B Universal Corp 1 voting trust ctfs 10-10% 10% 4,500 Universal Insurance: 8 15 Jan 15 Universal Pictures common— 1 43% Jan 48 Jan Universal Products Co • 14% Jan 15 Jan 2!/a Jan 2'/a Jan 47% Jan Jan 2Vb Jan Jan {,) .' Jan 53% Jan Jan 1 Jan 19 Jan Utah-Idaho 2% 5 Sugar 2% 200 Jan Jan Utah Power & Light $7 preferred Utah Radio Utility —I Products—— Equities stock priority _* 25 46 2% 200 '••12 u & u 1.200 1 53% 53% 53% 25 % 1,800 4% 4% 4% 1,500 46 46 46 2: 1 10c common ; % 49 . Jan % Jan % Jan Jan Valspar Corp common $4 5% 7% 7% 7% 400 400 24 24 200 Jan 5% Jan 714 Jan 7% 6% Jan Jan 2 24 7% Vb % Jan % Jan 3% 400 2% Jan 3% Jan 1% ,100 % Jan 1% Jan % % 200 14 Jan 14 Jan Waitt & Class class A Bond Wayne Knitting 13% 15 500 12% Jan 200 1% Jan Jan 13 Jan 1,400 12% Jan 15 Jan Jan 111 Jan Western Air Lines Grocer 1% 110 ~~Va ~~A 4,000 :ia 20% 200 7% 500 400 32 Jan 15 Jan 7% U 3 aa . aa 26% 27% 600 % i7a see page 461. "2% 700 1% Jan Wentworth manufacturing West Texas Utility $6 preferred West Va Coal 3% 3% 300 3% Jan 3% Jam A Jan Jan 2% 2% 100 4 4 4 Va 1,300 1 6% 5% 6% 1,400 16% Jan 20% Jan 614 Jan 7% Jan Western Maryland Ry 7% 1st pfd—100 Western Tablet & Stationery com • Jan A Jan Westmoreland Coal Jan 27% Jan Westmoreland Inc Jan 114 Jan Wichita /It Jan V<r Jan Williams (R Jan 9% Jan Williams OIl-O-Matlc 2% Jan 2% Jan 22 % Co Willson River 2— Co Heating Inc Portland & Jan ~7% Jan Wolverine 6% Jan 7% Jan 1% Jan 1% Jan Woolworth V) Jan 2% Jan 3% Jan American - Jan 6% Jan 67 67 50 67 Jan 67 Jan 14% 67 Jan 15 % Jan 20 Jan 5% Jan 6 10 5% Jan 6Ve Jan 7% Jan 8Va Jan • 1% Jan 1% Jan 50 9 Jan 9% Jan 1 Light 7% Woodley Petroleum 600 U Jan Jan 5% • Corp— Power (F W) Jan 4Va 1 Mfg 800 7% Jan Jan 20 & Products 2% 99% 4 __10 Oil C) Jan 98%' Jan 2% 5 Western 1% 725 Jan 11% Jan 7% ~3% 8% Jan fe 1% 3 Jan Jan 1.25 Inc 7 ~3% 7% —• Coke & Wisconsin 1% 400 A Jan 600 2% Jan 7% 11% 9 19 7% Jan 7% 5 Mills— 1% fe 56 1 Co Jan 15 Jan 4% • Mining 2% 1% 44 ; • B— Walker 1,400 14 80 Jan Wagner Baking voting trust ctfs ext..* 7% preferred— .100 3 3 — Co 13 14% 3% V. Jan W Aircraft 2% 3 *7% 56 Jan 4% . Jan 200 2% • • Manufacturing Jan 23 1% 3% 54 100 Jan Jan Vogt pfd_ „1 Jan 1% 7% 7% —1 ctfs—1 * * 1 50 —20 1 • 5 —. % 18% 1 — preferred Petroleum Virginia Public Service 7% Waco 1 1 5 convertible Venezuelan % 1 1 Co common footnotes 5% Hoc Stores warrants Weyenberg Shoe Standard Tube Jan Jan Jan 20 29% 30% * * Standard Silver Lead Starrett (The) Jan 4 — United Elastic Corp $5.50 * * — class B Products 98 Jan Jan 2 Vb Co— Preferred Standard Jan Jan 200 2% Inc Brewing Jan 39 39 1 * 2.78 Standard Cap & Seal common 1 Convertible preferred 10 Standard Dredging Corp common 1 $1.60 convertible preferred——20 Standard Oil (Ky)_; 10 Standard Oil (Ohio)—5% pfd—100 Standard Power & Light . 3 Stahl-Meyer 1% 228 2% 1,000 5%% Southern 12%. Jan 2 2% 2% 2% 5% Southern 2 Jan Edison— California Southern Jan 3% participating pfd—, United U Jan Line—-<551^!!.—-10 Pipe Pa Southwest common*^—— Oil 1 1 1 25 Jan 14 Skinner Organ Solar Jan ;—£1 regis—; rets ord dep 2% 1 Va 200 Universal Gas & Elec 1% pfd 100 Co. com———5 Aircraft Co 1 Manufacturing Co 1 Sioux 1% 225 Jan 1,000 • common Cigar-Whelan Jan 88 114% * 1 100 common- Manufacturing Co.— Singer Manufacturing Co Ltd— Singer Amer 12% * * of Canada— 2 2 4 1 Products— United U Sherwin-Williams & cum 2% 1% 4 common Chemicals Preferred A Jan 14 88 Investment Co— Canada United Jan 53 5214 500 :"i% — Union $6 114 53 V(T 5 Shawinigan Water & Power— * Sherwin-Williams common—,25 5% cum pfd series AAA——.—100 Mining Denn Shattuck . 52 53 25 prior stock— i—-—; Allotment certificates— $5.50 of Jan 10 400 114 5% * Co Shoe Convertible stock- Jan 9% 1 Selected Industries Gas Option * * Union Jan 1% 1 Segal Lock &* Hardware Seiberling Rubber common-. Manufacturing $3 2 5 Corp Unexcelled United Gas Corp common. 9% 9% Realization Ulen -10 - Jan 17% See man Bros Inc— Selby Jan 25% 27 ——25 Scranton Electric $6 preferred——* Scranton Lace common —* Scranton Spring Brook Water Service— $6 preferred— —. * Scullin Steel Co common —„♦ — 115 1214 Manufacturing General——r Jan Jan Jan 1% % 24% 4% 3% —1 -25 common— Securities Corp 9,400 * preferred—— Convertible Scovill » 119 5 Co (D A) "4% 2 1 * United Corp common Schulte 118 ——1 Oil Co Dome Samson Sanford 1% 2 —5 -——100 Regis Paper common 1 .10c Udylite Corp Cement ■ pfd—100 10 Jan 100 4 Jan 7% 7% 100 6% Jan 7% Jan 2% 2% 11,900 2 Jan 2% Jan 1 Ltd— deposit receipts Wright Hargreaves Ltd 8s * 2% Volume 157 Number 4147 THE COMMERCIAL & FINANCIAL CHRONICLE BONDS New York Curb Friday Interest Exchange Period Week Ended Jan. 20 Week's Range Last or Friday's BONDS Bonds Range Since Sold January 1 Sale Price Bid & Asked Low High No. Low 23/48 s f debs 1950 J-J s f debs 1960 J-J 3%s s f debs —1970 J-J Amer Pow & Lt deb 6s .2016 Amer Writing Paper 6s 1961 Appalachian Elec Pow 3'As—.-1970 — Pr Associated & Lt Elec & Elec A-O J-J 108 90% deb 4'As 1948 deb 4'%sj 1949 J-J 1950 5s 5%s___ 1968 5s 89 91 9 M-S 1955 106% 125'A 125% 108'A 18 107% 108% 53 54% 261 46% M 5s 5s M-S 1947 6s —1950 Steel Bickford's Inc 6s 16% 16% 131 13% Edison 16% 148 12% 16% 15% 16 5 14% 16 75% 76% 33 72% 111 El SACentral 107 107 106% Power J-D 100% 100% M-S 109% 108% 109% 117 108% ■ Q-F 1948 M-S M-S 118 102 Vi 102 103% 104% 103% 103% 103% M-N J-J 1953 88% F-A 1952 15 j-j 1927 A-O Rys 5s ctfs 1955 5s Jan 5s Debenture 103% 5s 101% L 103% 103% 1966 El Gas 7s Pr Lt 3'As series N— 19'A. * 15 19%. 100 47 A-O 19% 10 100 100'/a M-S 54 : 2 192 19 83% 90 M-S 87 " 86'% 89 27 84% 90% M-N 91% 90'/a 92% j-d 92 90% 92 M-N 1971 j-d 1969 ,85 92% 86 92% j-j A-O 1958 F-A 109% 87 86'A 1956 M-S F-A 1956 M-S 1952 M-S 1954 M-N 5s 5s ; . 5Vis 83% 88% $123'% 104'A 121 3 103 121% 82% 1331 87% 12 101 102% 122 79 stamped —1961 Florida Power Co 4s General Power Pub 1966 —1954 —_ 3%s Serv C ser Florida Pow & Lt 5s Gatlneau A —1969 - 1953 5s j-d J-J A-O $106 104% 87% 104'A 103 14 106 $97 Georgia Power & Light 5s —1978 Glen "—1965 M-S 1941 M-S 1950 J-j 1950 F-A Coal Grand Trunk Great 4'/2s ser A West 4s Power Nor Green 4s (Adolf) Mountain 5s stpd Pow 33A__— & West Investors iAGuardian 111 1st 1st S ref & f M-N •'20 Indiana 1st lien P A6Vis A6%s A 7s (Aug A7s (July Interstate 10 110% A-O 105% 105 60 104% Debenture Iowa j-d 102% 102% 103 13 102 103 j-d 100% 100 100% 25 98% 15 94% 102% 102% 1 102% 103 25 80% 86 1963 _1952 3'As_ j-j 86 F-A 85 3-D 1955 coup) —1957 coupon)— 84'% j-j J-J M-S 1963 j-j —1942 M-S Light 3Vis Lake Superior Dist Pow 3'/2s— 1969 1966 40 107% 18% 1957 j-d Lt 5s 4'As. 107% 16% 21 76% 78% 37'A 40 18% Southwestern 36 61 Standard 48 5s 1955 ._ j-d 1957 110 46 21 M-N Nassau & Suffolk Ltg 5s 1945 SANatlonal Public Service 5s ctfs—1978 Power 4Vis 1981 _ Nebraska A 91 New New 15 , 113 86% 6s 5s series 103 101'% 102% 16 101% 102 - ;■ A-O 102% A-O 102'A 3%s 6s 35 100% 102% 101% 102'/2 4 100% 102% j-j 103% 103 % 105 103% 104 A-O $107 3d 58 108% 58 97 106% 106% 103 103 58% 37 52% 107 58% 107% 96% 97 96% 97 63% 66 18 62 66 67% 69% 30 64% 71% 68'A 70% 36 65 71% 68'A 70'% 18 65 69 70 70% ; 68'A 70'A ■ a-o May 1948 a-o F-a 1966 j-d 1957 F-a 1957 F-a >1950 a-o Dec 6s_ 1 70'% . 65% 71% 70% 38 65'% 71% 70'A 73 64% 71% 24 25'% 7 24 25% 12'% — 72% 2 67% 1 % j-j —1946 12% 12% 12% 12 Va —_ Industries— 1946 5s A Power 5s Electric Light N M-N 108 j-j F-A 1968 J j-d >1949 & Power Co— 5'As '.— 1959 108 99 5%s_1952 (Maine) — f-A 1952 108 99 85% _ 105% 9 107% 108% in 111 99 99 100 12 107% lien & 4%s gen Debenture 6s 2022 A M-N 108 86% 33 2 1}2 112% 8 106% 108% 41 971A 108'% 108% 98% 98'% 100 85'% 86'A 100 116t: ,, j J/. 116'A 116% F-A ——_1944 series 106% 112% 112% A-O A series 34 $107% 112 86'% A-O (Delaware) 12'% 106% $111% 117% j-d 4s United Light & Railways $11 106 j-j 5%s_—1952 cons United Lt & Rys 106 1979 3'%s Edison j-j 1956 5s A-O 1960 2022 Service City Rapid Transit 6s 104 $106% 107 % M-S M-N May 1948 stamped.. Water Tide 103 % 105%- 102% $103% 104% .,1989 stamped— of deposit— (Hugo) 2nd Toledo 103 % 105 Electric— Power & Light Twin 1 35 (Hugo) Corp— series 6s 88 4 105 % J-J 1951 Electric Texas • ^ 101% 102% M-S 2022 gold 7-4s ^ 85 % (Calif)— Rys 4s L 82 112% 2 j-j 1970 111% ' 88 .1947 3s__>_1965 80'% 9 132 88 1957 Gas Gas 9 $58 1967 6s___ 82 $131 A-O 5s 6s__ 7-4s A 5s income debs Wash Penn West Penn Power Electric 116% 96 96% 16 95*% 96% 97 97 98% 6 96'% 99'A 8% 118 8'A 7% 1951 j-d 109 109 1964 3%s_ j-d $110 5s _ 4% 9% 112 5s____________2030 Traction Western Newspaper m-s 1954 ; Ry & Elec 4s Water A-O 106 115 102% 106 4 115 109 110 115 106 j-d 1960 1 109 Union— unstamped extended to 1959 stamped extended to 1959— f-a $86% F-A $65% Rys Co 5s stpd AStamped 5s 85% 87% . 74 63'A 70 1937 IA York j-d 80 80 75 80 1947 j-d 79'A 81 73% 81 _ BONDS New 100% 101 18 110% 101 50 58 Danzig Port AExternal ALima * City AMaranho (Peru) 7s AMedellin 7s stamped 104% 108 107% 108 7 107% 108 104% 15 103% 104% AMortgage Bank of Chile 6s 112% 112% 112% 11 112ya 113 Mortgage Bank of Denmark 5s 99 99% M-S 98 $116 • 97'% 12% Mortgage Bank of Bogota 7s A Issue of May 1927 A Issue 14 of i-,—. 55 54 55 52 J-D 54% 54'A 55'% 21 51 54% 1 113% 50'% 55'% 49% de ARussian 98 V4 113% 1 113% 113% or Friday's 55'A Oct M-N F-A J-J M-S M-N Janeiro 46 46 $14% — Range Since Sold High January 1 No, — Low 2 16 __ 46 48 __ $41 __ $9 — High • __ 46 48 46 6 ' 46 14'A . . 153A 44% 48 42 43 15 12% 24 11% 13'A 23% 12 20 233A $15% 16% — 16'A 16% $32 ' 13'A 23% ~ — J-D 34% __ 32 32 1947 M-N _ A-O __ — M-3 J-J 1919 J-D J-J $19 $40 — J-D 1959 6%s_— J-D .1972 1958 6V2S $32 — 1931 7s Government $46 — 1921 (State) Bonds — — „ — 19 19 22'% 30 17 21'% 3V4 45 27 3 21'% 3 3 2% — 30 21'% — 3'% 2% 66 2'% 2 2% 21 115% 97'A 27 9 8'A 1955 1927 ARio 110'% 115'% 117 M-S 53'A 99% 109% 30 J-J 54% 99 5 r 17 110'A HO'% J-D 1951 106 $15 J-J 1952 105% f-a Week's Range Last Sale Price Bid & Asked , A-O , 103% J-D Period 6%s stamped_1958 1958 11 50 A5'%8 *No par r Cash sale, M-N A-O 85 81'A 85 180 76'% J-D 88 84% 88 90 82% J-D Ex-dividend, 3 Odd-lot sale, n Under-the-rule sale, y Cash sale not included in year's range, Easy Washing Machine class Deferred delivery sale, d Ex-interest, e $Friday's bid and asked prices; no sales being transacted during current week. ABonds being traded flat. 88 1949 x a 85 1954 value, — B, June 26 at 2%. 55i% 1961 1948 $108 110 —.*• 107'A 107'A §Reported in receivership. Abbreviations used above—"cod," tive; Nov & Waterways— 6%s stamped 33 104 Interest 1953 ______ 5s 103% 104% f-a M-N Friday Exchange 5%s Extended 101 100% 7 52 Curb Agricultural Mortgage Bank (Col)— A 20-year 7s April 1946 A 20-year 7s Jan 1947 Bogota (see Mortgage Bank of) ACauca Valley 7s 1948 109% 109% 50 York Week Ended Jan. 29 93 Service— 140'4 102'% 4 81% 1970 105% 106 a-o 1950 A 138% 39 Low 110% 108 102 _1947 England Power 3V4s England Power Assn 5s A Income 23 % Foreign Governments & Municipalities 123 110 93 _1948 Public M-S j-d ioi% 1948 5s Eng Gas & El Assn 5s Orleans 108% 4 112% 112% 106% 112% 1 101 51 1956 Debenture 5Vis New 1952 109 123 "l 110% $100 2022 5s 5s deb 104 107'% 101'% 101% 101 Vis __1951 6s AParana Conv j-d 1951 6s (stamped) 6s stamped— 49% 107% 106% 123 110 j-j 1951 Mississippi P & L 5s Mississippi River Pow 1st 5s Gas 103% 4 101'% 101% A-O Conv 19% 26 112% 112% $107 108% M-S j-d P & L 4Vis Amsterdam & 40' 16% 108% 109% 1978 New Gas 108% $110% 111% 1967 New 108'A 8 102'% 102'A 102 Va M-N j-d Edison & P 78% 107% 7 107% 108% M-N Minnesota Elec 103% 103% 106'% 139% 140'A j-d , 1952 Spalding (A G) deb 5s 19 22 18% M-N A-O series 77 • 19 74% 96 '■ 107% 108%: 123 j-j 6s 2 5 111% 81'% 16% 19 22 1971 E 1943 Nevada-California 81'% 108% 108'%. F-A 18% M-S 1945 ref 18 $106% 111 F-A Middle States Petrol 6Vis & 103% M-S 1950 6s 18% 1947 4s j-d 81% 111'A 111 12 106'% 107% F-A :.;1Q5% 107 18% —1965 Edison 107% 9 8'A 111 111'A 111'A M-S 1951 Danish —1948 Midland Valley RR 5s Milwaukee Gas Light 4Vis 1st 85% 114% Mfg— G 98'A $111% 113 j-d ___—1971 Indiana West 80% 2 — 47'A A-O Louisiana series A-O 1979 Power Wash 18% $18% v j-j 4s 97% 98'A : 70'A j-d Kansas Power & Metropolitan 98'A 18% $18% M-S _ 105% 12 j-j M-N Southwestern Gas & Elec 3'As_____197Q 100% 16% 2022 stamped Mengel Co conv 105% Waldorf-Astoria Hotel— 18% F-A 1958 6s 6s 1 Utah Power & Light Co— 18% j-j Kansas Gas & Electric 6s & 96 ,114% 43c $107'% 18% j-d Radiator 85 . 114'A 114% 18% 1965 Kansas Electric Power 3 Vis—_—1966 McCord 105% 105'% 1952 —1957 Light 4'%s & 86 96% 99% coupon)——>1957 a Jacksonville Gas (stamped) Jersey Cent Pow & Lt 3'%s 115 M-a M-N 6s 5s— 108'A 114% _____T_1950 mtge 3s 1st 105% Sec— Superpower Pow 92 96 84% A-O 1970 94 97% M-N M-N 6s—1952 & Power Altalian 1941 107'A 12 108'% 106 M-S M-w 31 1949 C D Counties 1st 111% 1952 Power $107 32% 107'% 108'A 114'% 114% 4s—___1969 5%s Wyoming Coal 1st lien & 111% ' F-A 4%s Southern 20 1956 , 1941 105% $105% 107'% j-j _ series United 19% 111% 111% 111% 1958 1941 104 105% M-N Jersey— Estate United A-O F series 79 . $91 ——1950 E series A7s A 7s 'c, A-O 1955 1 79 1949 C (Dec A California 99 92 — L 98% A-O 5s Power series 9 1954 5s & international 99 Jan 1949 AIndianapolis Gas 5s A Indianapolis 95% 108% >—1953 A ser 5s & ref 66'A 91 20 May 1957 Service 57 108% 111 Wlll'A 5s series C— Hydro-Elec 3 —1967 5Vis deb 3 j-d 1st & ref 5Vis series B Indiana 30 20 .' 6s 95% $19% Jan 33As Lt Pwr & 94 j-j — L California 92'A 80 series B— Power 95% 90% $76 ——1968 Hygrade Food 6s ser A Idaho 93% 77 j-d 5s——1948 Houston Lt & Pwr 3 Vis 6s 16 92% j-d —1958 30'% 102% j-d 1949 . New & Carolina South Texas 66 1963 6s—. 4Vis Sheridan 98 95'A 98% 1 20 1959 » Certificates 108% 108% 95% 32'% 32'% 103'% 104 1964 Indiana series Real Stinnes 91% 108% 1st 94% 65 —1945 Grocery Store Products Guantafiamo 94'% 92% B Joaquin Lt & Pwr 6s B 105 75 102% 12 103% M-N 1950 4%s series D series Stinnes 97 102 101'% 101% 101% 102'% 1962 6s Shawinigan Water & Pwr 4%s 105% 91% 110 100% 9 102% j-j 1956 debentures Standard Power & Light AStarrett Corp inc 5s 104% 44 $— Alden ref 109% __ 109 Co—. 4 Vis Harbor Water 6s 104 F-A certificates P 5s 109 of Colorado— of Debenture 105 94 j-j 6s A 109% 110 $100% 101'% 1970 .___ Debenture 40 106'% j-d §AGobel 20 F-A __ j-d Rayon 108 108% 106% 1972 Scullin Steel inc mtge 3s 90 104'A 104% 94 San r" 103'A 103% $46 - & 5Vis 124'% 104'A 104'A M-S 1st 6s —1948 AGeneral 108 105% 106'% Queens Borough Gas & Electric— 83% 281 83% 89% Finland Residential Mtge Bank— 6s-5s (Can) ref Southern 90 83% 89'% : 106% 102 87% 2030 Light 5s 109% .105% 1 121'A 121'A Eastern Gas & Fuel 4s ser A Service 108% 107% 1977 E Southern 106% 106% $80'% —1944 — RR 107 Va 12 1961 5s Southern $102'% 103% 121'A Transit Coke perpetual ASchulte 46 101% 102 Federal Water 94 91% 150 $109% 110% j-d 1976 J-D El 89 84% $119% 121'A MS Empire District 104% 88'% : _ & 64% 19 17 1964 , F Sound & Safe 89% : 33As. & 103% "l 102 93% 1955 Power 107 % $107'% 108% A-O extended Service 1st. 49 86% 1954 Elmira Water Lt 46% 101% 104 & Edison Corp Puget 19'/8 13 100 104 13 .233 49 46% $101 101% Electric . 235 90 87 4Vis Packing 54 107% 108'A F-A 5%s Power Rapid series Public 105% (Bait)— Cuban Tobacco 5s Cudahy 105% 93% .1951 Continental Gas & El 5s i, 85% 4 88 1st ref mtge 3s ser P 1st ref mtge 2%g ser Q Consolidated Gas (Bait City)— Gen mtge 19 Elec stamped 6% 52 87 A & Pr 90 A-O —1949 Consol 14 __ 106 1979 Public Service of j-d 5 Vis 5 Vis Connecticut Lt & 64% 63 108'A High 108% 108% __1955 3Vis Sinking fund deb 4s 102 i 1969 — _ & 107 $115% __ M-N 1962 & Pwr 4Vis 1st mtge 104% —1958 —1950 ! P 1 A-O 1948 _ Power ' 1952 5s__ Cities Service Low 111% 107 A-O Aug 1955 5s 4Vis 19 :. 105% 105% 19'A 4s 3%s B & Public Service Co 102%'103 28 101% 102 j-d Service Power Potomac "6 %' 104 J-D § A Chicago Cincinnati St Ry 5'/2s A_ 6s series B— 5s January 1 No. 1971 Nat Gas Philadelphia Philadelphia $150 A-O Public 1st 118 Central States P & L 5'%s deb Range Since Sold .1968 Pennsylvania Water & Power 3%s_1964 116 M-S Service F-A Bonds High 107 J-J 1945 mtge 3'As Penn Central Lt 110% 118 1954 Conv Friday's Bid & Asked $111 J-J 1969 3s__. Portland Gas 115% 5s___.—1953 5s . Debenture J-J 1954 3'As 100% 100% 1 33As——1964 Elec A 5 Vis Cities or M-N 1948 5%s Light 5s Park Lexington 1st mtge 3s 107% 100% 107 3 —1954 Gas & States 1st mtge Pacific 108'A 118 —1970 5s Northern Central Power Oklahoma ' Canada Utility 1964 2004 4s Oklahoma Power & Water 5s 78% 108% *108% 110 115% 115% -1968 — 23As_ Broad River Power Last Sale Price 16'% M-N ——1962 — Birmingham Electric 4%s Boston Cont'l Ohio 16% 13% 15% 76 14% 41 15% 16% 10 16% j-d -1998 - — 6'%s Westchester Ltg Debenture 5s Ohio 16% 15% 1957 B C Bethlehem & 1st 15% 16 Vs 1960 series series Gas 3%s Ogden Gas 1st 5s__ 55 Telephone of Canada— 1st & 1st 3%s series A_> Baldwin Locomotive Works— Bell Period 106% 108 J-J 1964 — warrants Convertible Interest Northern Ind Public Service— P.)—• (B. without 11 Y Nor 98% 54 F-A —1955 City Elec 3'As Avery & Sons A-O —1977 . Assoc T & T deb 5%s A Atlanta Gas Light 4>%s Atlantic 106% 108% 96 108 F-A AConv deb 5s deb 91 106% 106% $125% 126% M-S AConv AConv N 107'% 9 118 90 Vi 104 105 108% Week's Range Friday Exchange Co— AConv A Debenture 103% 98% 3-J 1956 - 103% 103% Curb Low N Y State Elec 105% 106% 3-D 2024 5s 4'/as lAssociated Gas J-J 1953 Appalachian Pow deb 6s Arkansas M-S 103 = York Week Ended Jan. 29 High American Gas & Electric Co.— 3%s New 104% 105 . 9 104 105 "w i," certificates of deposit; "cons," consolidated; "cum," cumula¬ "v t c," voting trust certificates; "conv," convertible; "M," mortgage; "n-v," non-voting stock; when issued: "wi," with warrants; "xw," without warrants. THE 462 COMMERCIAL & FINANCIAL CHRONICLE Monday, February 1, 1943 Friday Baltimore Stock to Jan. 23 Jan. 29 both inclusive, compiled from Week's Friday Last STOCKS Transit Baltimore 1st preferred % 4 % 17 Co common .30 vtc 100 t c v Gas Elec Light & Consol Low Corporation Power Davison Chemical Eastern Sugars Co of vtc 10% Jan 12% Jan 55 57% Jan 59 Jan 115 21 114% Jan 115 Jan Bruce 12 Va Jan '14% Jan Butler 6% Jan 8% Jan 34 10 34 Jan 34 Mt -20 129 131 45 128 Jan 131 Class Jan 14% 8% 10 14% 8 37 36 450 8% . 500 70 37 .100 29 29 125 pfd_„ 24% 24% 100 212% 212% 3 -50 — 5 New „ & Water Power National Western 6 Vs Jan 35% Jan 5% 850 4% Jan 5% Jan 800 13% Jan 15% Jan 28 26% Jan 28% Jan 2% 28% 1,250 2% 2% 650 1% Jan 14% * 14% 50 12 Va Jan 14% Jan 1,200 12% Jan 15 Jan 3 Jan 15 14% 12% 15 .10 common Campbell Jan 37 Jan Central Illinois Jan Central 111 Jan 210 212% 6 Vs 5% 21% 6% 1,580 5'A Jan 6% Jan 22% 265 20% Jan 22% Jan 13 1.80 Jan 1.80 78 11 $7 1 preferred South West preferred 16Va 7 6'A 50c com % " — 72 15% Jan 16 y4 Jan 260 69 J/4 Jan 77 Jan 3,400 A Jan 74 nr — Util 16 73 Vi 73 • 78 Jan Cherry Chicago Corp common——— 23'/4 2,263 22 Jan 231/4 Jan 93 14 93 Jan 93 Jan 54 54 56 51 % Jan 54 Jan 31% 32 1,079 31 31 8 . pfd Jan 77 93 32 & $6 % h —* Serv common 550 7 % % 35 10% 100 2% 25,250 Jan Jan Jan 26 Jan Jan % Jan 410 10% 7 Jan 6 11,050 29'A 35 h 35 Jan 10% Jan 221/a -20 Cannon Pub Secur Convertible Jan 93 150 Bank .30 Foundry capital Jan 2 2'/a - Wyant & 25 1.80 28 Vs . preferred——— conv. 29 77 _— Fidelity & Guar..!, (J S cumul Jan 28V2 1.80 * com Jan Jan Jan 34 14% 15% 5% 28% -_1 common- Brothers 5% Jan —2 . Northern Central Ry—: Penna 5% 50 677 High Jan 15 5% ' —5 common Wire L) Jan _50 Casualty (E 22% Jan 100 . Amsterdam Co 20 27% 28 100 com—_ . & preferred— 35% 25 _25 Preferred A Central preferred Vernon-Woodbury Mills 5 Corp Fence Brown Monongahela West Penn Pub Serv7 '/I' I Laughlin 6% 35% 35 13% 250 Jan — Trust Co— Mercantile Warner 1,190 34 1st pfd Texas Borg 11% —1 Fidelity & Guar Fire Corp Oil & 59 —, , corp__ common Brewing Bliss 6% 35% Range Since January 1 Low 14%' 14 6% 5 Shares High Jan 1.50 Jan 10% 115 —1 — Georgia Sou & Fla 1,15 Jan 17 —1 v t c com Fidelity & Deposit Houston 1,715 Jan —- Assoc vtc Preferred :1.35 16 14% • common of Prices Low 10 — — Corp——. Aviation Berghoff High Low High 100 Radio Belmont Bendix Range Since January 1 58% 100 preferred B Belden Mfg Co common- Shares 17 1,30 ■ 11 * com Par Sales for Week Range * Sale Price official sales lists for Week of Prices Week's Last STOCKS— Sales Range Sale Price Par Arundel Exchange 29% Jan 32 Jan 31 Corp Convertible Chicago Jan 31 Burrell 5 common ~2% 1 * preferred 2% ■ 2% Jan 2 38% 200 40 39% 9% Jan Jan Jan Jan 40 Towel Jan Convertible "' preferred ' 106 Jan 108 Jan 100 11% Jan 12 Jan 337 104 30 108 ' 4s Transit Co Baltimore 1975 Sou & 5%—— Fla 54V4 54 54% 1975 5s series A Ga 59'A 59 $58,000 60 80 80 —1945 21,750 2,000 52 Jan 54% Jan 60 Chrysler Jan 56% Jan Jan 80 80 Corp Jan Jan. to Jan. 23 both inclusive, 29 Friday Last STOCKS— Sale Price Par American Sugar Refining American Tel Anaconda Copper Boston & Boston Edison — .100 -50 ——;—— —- Boston Elevated Ry Maine 5 'ic 8 ';<■ C class 1st pfd Personal Prop Boston & Eastern 41/2% 6% • Employers 1% 70 2% 200 2 100 6% 5 7o 102 12 23% 8 23 % Jan 23 % 296 6% Jan 7 % 60 4% Jan 5% Jan 50 176 42 Jan 50 25 447 19% Jan 25 2'A Jan Jan 6 Jan Jan 39 29 29% 345 27% Jan 29% 384 2% Jan 4% 5% 80c .—15 31% Jan 34 Jan 33% 35 5 Jan 50 5% 80c 80c Jan — vtc — 433 28% Jan 3% 85 3% Jan 15 30% Jan 31 2% 52 2% Jan 3 a -— 5 . 13 12% Jan 14% 23c 100 12c Jan 23c 150 35% Jan 41 50 4 ~7 6% 93% _» ——- 1—50 93% 330 % % 33C 25C 20% 15c 25% 39c 24% * 7 10 110 25% 85c 8% IOV4 — 2,030 15c 21% 75c 25 600 8% 9% 2,135 10% 6% 24c Jan 15c Jan 20c Jan 21% J* 25 % 90c Jan Jan 8% Jan 8% 9% Jan 10% 5%. Jan 7 Jan 55 13 Jan 15% 90 29% Jan 31% 34 % 34% 125 7% 7% 125 33 Jan 7% Jan 8 125 65% 68% 1,056 64% Jan 68% 66% 68% 1,049 63% Jan 69 43% 30 % Jan 44 -10 27% 29% 420 25% Jan 29% 90% 90% 10 90% Jan 91 8% 8% 25 7% Jan 8% Co„ 16 Jan 16% Jan 16% 40 85% 125 — & Income Maine Jan ; . W) 44 $2,500 40% Jan series 85 % 44 104 1948 104 14,000 103% Jan 10 29 480 7 50 ■ Jan 42 Jan Jan 29 Jan 42 Jan 7 8 % Jan 9% 50 9 Jan 9% Jan 11% 300 10 Jan 11% Jan 39% 10 39% Jan 39% Jan 11 Jan 11 Jan 100 3% 1,100 10 23 Jan 3% Jan Jan 3% 26% Jan Jan 35% Jan 11 11 50 Jan 11 Jan 11 39% • ' Miil, 37% 10% 7% 7% 400 2% IOO ■ Jan Jan 7% Jan Jan 16 4% Jan 39% Jan 11 Jan Jan Jan 2 Jan 2% 6% Jan 7% Jan Jan 35 Vs 36% 175 34% Jan 36% Jan 45% 46 46% 2,200 44% Jan 46% Jan 4% Jan 4% ' 675 6 5% . 100 4% * 4% Jan Jan 6 4% Jan 26% 27 240 25 Jan 27 Jan 12 11% 12 350 10 Jan 12 Jan 19% 19% 750 17% Jan 19% Jan 12% 13 400 12% Jan 13 » 13 1 6% Jan 7% 7% 6% . 100 7% Jan 7% Jan 6% 400 6 Jan 6% Jan 3 8 Jan 8 .25 25 25% 100 25 Jan 27 Jan 10% 10% 890 10 Jan 10% Jan 100 8 100 975 200 13% 14% 1.100 250 2 ———10 7% 100 8% capital Jan Jan 3% 7 —■ * capital—j, 6% 1G 200 11 ' "• ■ 9 1,242 39% ;• 2% » * 100 4Vs 39 • V 10 50 16 4% 11 - 150 7% 7% 16 4 Vs 2 Co Jan V 26% 34% • common—, class •' 10% 20% Steel Products Jan 31 Jan IS Jan 2 Jan Jan 8% Jan Jan 20% Jan U% Jan 14% Jan 4% Jan 4% Jan Jan 68% Jan Jan1 60 Jan 1 % 7% 19 Jan common—" preferred—— capital——.■-—'—I Switchboard Tube & Salle Ext Univ 110 63 835 57 1 10 1 Jan 11 450 9% Jan 25 8% 10% 11 t 9% Jan 9% Jan 3% 3% 550 3% Jan 3% Jan 6 6% 200 5% Jan 6% Jan 6% 6% 100 4% Jan 6% 44% 44% 1 *■ 25 6 Jan McWilliams 25 Jan 25 5 Jan 80 10,050 6 Va Jan Jan % Jan 1 Jan 2% 3 150 2% Jan 3 Jan 13% 14 140 12% Jan 14 Jan 15% 15% 10 15% Jan 16% Jan 2% 2% 50 3% Jan 2% Jan 28% 2% ;—* 28% 60 28 'A Jari 28% Jan 100 1 1 * , .. 11% 11% 700 10 Jan 11% Jan 32% 32% 25 32% Jan 32% Jan * 14% 14% 14% 60 13 Jan 14% Jan Co common—" 9% 9% 9% 100 9% Jan 9% Jan common: Mfg Jan - * Corp common.; & Jan 1 1 ■* Field Masonite Rad 6% 45 Jan 41 25 5% Jan Jan 10 200 1 25 5 —-*■ ♦ Loudon Jan Jan 9% —* capital— Liquid Carbonic common;. Packing common an 11 6% —7 Printing Co common Oil Ref'g Co 1% 50 common cumul preferred——- & Co 68% 60 1 * cl A com 67% 58 3% * common Lamp 68% 60 1 capital———* Co B) 4%, „_1 common Harvester Power $6 (W Kellogg Lion Jan 104 42 28 7% McCord A Jan 12% 15 Lindsay Light & Chemical common—-A Eastern Mass Street Ry— 4%s 18 Jan 35% » common Marshall 44 1970 A Jan 11% 35% * Motor Parts.-. Brick Lincoln Jan RR— ser 17% ■V' 50 Jan ■' — common- Mapes Consol Mfg capital,—— mortgage 4%% 50 12% 6% BONDS Boston 17% 150 1 — Libby McNeill & Libby common Jan 80% .50 16% 84% 16% — Westinghouse Electric 17% 20% Leath Jan Inc Jan 1,150 common J Kentucky Util jr cumul pfd—.- Jan .100 ; Vermont & Mass Ry Co 86% n La Jan 43 % 42 Jan 6% 10% Ken-Rad Jan 1 66% -25 preferred 86% 83 26% Joy Mfg Co common —,————1 Katz Drug Co common.™! 1 > Jan 67% Co— United Shoe Machinery Corp 86% 10 6% 26% B————* Jarvis Jan 33% Jan « : Spencer Bartlett common: International Jan —5 Jan 12% 25% common Brewing Interstate Jan 31%: —5 Inc Inland Steel Co Jan Jan 15% Inc———— 16% Jan 1 common- —10 Corp Jan 175 Drill——_ Jan 10% .V Jan 42c 30% 7 14% 27 3% 1 common (H Werner 'Indiana Jan 19 Jan Jan 760 Independent Pneumatic Tool v t c _* Indianapolis Pwr & Lt common™.—. Jan 66c 21% 10 16% Illinois Central RR common—..100 Jan 23% Jan Jan 19% 21% 12 -10 Lakes Dr & Dock Illinois Jan % 212 7 Drug Warren. (S D) 7% 93% 146 Twist System Jan Jan h Jan 86 15 — (The)—— Rubber 6% 15 21% Hole Machine— Association 236 7 91% -100 Jan 39% • Hupp Motor Car common——_—l Jan Jan 19 11 , common—-— —.5 Brewing Houdaille-Hershey Jan 4 3% ' 15 — - Printing Co common————10 Hein Jan 40 4 Jan 9% 11% • a Drive- Auto Co Hibbard Jan 23c -2.50 — Jan 37% 83 16% 5 Corp common Motors Heileman Jan 3% 14% III1 —__ 30% 40 14% 1,210 42 28% Harnischfeger Corporation common—10 Jan —1 ' * Mfg Co common Great Jan -100 ! ,?•. common Household Util Gossard Jan 30% 3 Jan 19 1-2 Gillette Safety Razor common— Jan 30% Webster Inc Waldorf 5% 80c -100 common — — Foods Hall 3% 29% • . Jan 6 30% ——,— Fruit Jan 11% 7 common Goodyear Tire & Rubber Jan 4 Jan 12% .% * a Goldblatt Bros Jan 30% 1—5 -——— — Co 403 455 7% 10% - common Jan Jan 50 ; common Machinery 9% 1,830 6 Jan 230 11% . General Jan 5% Co General Jan 4% 34 625 15% 16 Vs • . Finance Corp common,— Preferred Jan Jan 33% 7% 18% preferred—— _100 General American Transp common- —.5 General Candy class A————- —5' Jail 7% 29% — & Hartford RR cumul ".31 9 32% ... 11% 7% 19 _100 General Jan 39 6 - 6% 102 110 3% Jan " 11 —50 — 25 7 "7% - -2% preferred—; (Peter) Fuller Jan 100 3 Mills United 3% 9 Mach Co—___ *--'10 RR Fox Jan 150 85 Jan common— -.1 Motor Car Four-Wheel Jan 23 525 3% 69% 21% Fitz Simons & Con D & D Jan 5% 7% Jan ' Fairbanks Morse Jan 7% 5% 31 2% Jan 39 —_— Pennsylvania RR Quincy Mining Co__ S Jan Jan 3,700 —30 Elgin National Watch Co Eversharp Inc common Jan 9 Old Colony RR———:—— —100 U 11% T A Electric Jan 98 3% 25 Mfg Dodge Mfg Corp- Jan 2% 20 32% North Butte Mining United 2 Jan 39 — N H Union Jan 1% 11% 7% England Tel & Tel——-—— -100 Torrington 2 2% 170 Jan 3% common- —20 common Inc Mets Class 2%' Jan 102 Jan 6,500 24% common & Cohn Co Diamond Jan Jan 3% 6% Jan —— Dixie-Vortex Jan Jan 30% N Sullivan 1% 2% 2 .100 New & Jan Jan 2% 100 33% (Del) Nash-Kelvinator Stone % 48% 24V4 — Associates Shawmut De Jan 150 -100 preferred-; Reece Button 13 150 -100 Narragansett Rac'g Assn Inc— Pacific 30 180 Jan • common Rubber & Deere Jan 1% 1 3% 21% common Decker (Alf) Jan 15% 2% 3 Mergenthaler Linotype Y 66 2% -100 Association Service Copper Util Jan 6% 5'/4 .100 . preferred— Mass Jan 39 Hole Maine ..Central Jan 27 23 % 5 Stores Corp cum 87% Associates— Royale Copper— Lamson Jan Jan 2,650 participating shares Packing Dayton Jan 2% —_—* common Group Kennecott Jan 26% 11% — Button 2% 8% Jan 6% 24% 68% Jan Jan % 70% 6 Va 24% Corp„ Cunningham Drug Stores Jan 2 Gillette Safety Razor Co Int'l 1,090 2 2% .100 .100 General Electric Isle 14 1% —100 RR Fuel Lines National First 62 180 2% -—_ Public Engineers 408 15% "2% series A 6% preferred - B—; 5% pfd adjustment— SS 65 100 preferred Preferred % —_-100 100 prior preferred Eastern 64 1,855 11% preferred 1st 24 10% Eastern Mass Street Ry common6% 81% 11% _100 Co—— & 24% 142 14% Trust— Providence Gas 64 % ui——100 Calumet & Hecla Range 420 27 * — _——- Boston Copper 26% 85% 19% 135 Jan 26% 26% ——,— Stamped Jan RR— Stamped T/c, Jan 84'/4 -100 — prior preferred preferred stamped class A 1st pfd stamped class B 1st preferred 6 '/<< 17% 127% 26% Herald Traveler Corp & 66 2,399 Jan 8% 24% —1 common— Preferred High Low 19% Cudahy 67% —10 —25 common Corp of Amer Co Crane Range Since January 1 High 85% Oil Continental Steel Shares 129% 133% „25 -—-— Boston 7% for Week —15 - common Edison 11% 11 % Co— pfd Container Sales Range .100 Albany RR—- Vtc official sales lists Week's 18% 131% from of Prices Low -100 Tel— 61 Consumers Exchange compiled Co. Biscuit Consolidated Boston Stock common Cities Service Commonwealth Consolidated Boston * Chicago Yellow Cab capital Bonds— —J class A Dredging Merch & Manufacturers Sec- Jan. 23 to Jan. 29 both inclusive, Friday Last STOCKS- Sale Price Par Abbott Laboratories common Acme Steel Advanced Co Chalmers Amer Pub American Armour Aro Serv Tel & preferred & Co Athey Truss Aviation For Co Mfg Co Automatic Tel . capital Wheel Low 51% Jan 55% Jan 85 41 Va Jan 46 Jan 300 2% Jan 3% 3% 3% 11% 100 11 Jan 12% 100 12% Jan 27% High 260 100 3% prior lien 6% conv prior lien 6e/o preferred Jan 5% Jan 10 9% 10% Jan stock Common v Modine Jan Monroe Chemical Co Jan 515 25% Jan 28% Jan 160 90% Jan 93 V2 Jan 134% Jan 3,100 3 Jan 3% Jan 1,050 -100 100 A Mfg Common t 2 2 3,300 8% Jan 10 Va 100 2'' Jan 2% 2 2% 2 2 Jan 150 1% Jan 2% Jan 2 Jan 2 Jan 9% 9% _* c.™- 10 1% 1% 8% Jan 10 Jan 9% 1,250 1% 4,350 1 Jan 23 Jan 100 22 Jan 23 Jan 37 22% preferred —* *,-* — 1 23 37 common i_-,— 50 37 20 Jan 37 Jan 1 150 % Jan 1 Jan % . 36% 35% 36% 700 33% Jan 36% 10 V2 10 10% 100 10 Jan 10% 10% 11% 350 Jan Jan 128% _100 class 3% 3% 12 % 200 10 Jan 12 Jan Montgomery Ward & National National Cylinder Standard Gas common™—* common common-— Va 300 % Jan Va Jan Noblitt-Sparks Ind Inc capital 4 3% 350 2% Jan 3% Jan North American Car % % % 100 % Jan % Jan Northwest 3 3% 3% 3% 801 3 Co Nachman Springfilled common __3 Jan 4% Jan Miller & Hart $1 prior preferred 14 Va 1,434 1 468. 2 Jan 4% — capital page Jan 4% 2,250 —— common see 1% 200 5% Utilities— 11% 28% 12 — United Jan 91% 93% 129% 133 % < 100 „1 (Delaware) footnotes • 5 common common Washer Corp Co common Equipment Asbestos * — 45% 46 1% 4% 5 capital—* 1% High 55% 1% 4% Prod Corp West Midland Range Since January 1 12% . * Mfg Co Shares 1% ~5% — Food Middle Midland 11% 5 Aetna Ball Bearing common Allied Laboratories common Allis • official sales lists for Week Range of Prices _1 common——1 5 pfd— • common— Mickelberry's ' Sales 54 25 Castings Week's Low • common—, Alum compiled from A Class Chicago Stock Exchange 3% Jan 3% Jan Northwest Airlines common Inc Bancorp, common common— * 1 9% Jan Jan 11% Jan Jan 10 29 31 250 26% Jan 31 5 24 24 19 23% Jan 24 Jan 20 10% 10% 800 8% Jan 10% Jan * 15% 16% 200 15% Jan 16% Jan 10% Jan 12% Jan * 12% 12 12% 200 Volume THE COMMERCIAL & Number 4147 157 FINANCIAL CHRONICLE 463 OTHER STOCK EXCHANGES Last TJtil West Prior lien 7"4 Low 13% 67% 68 2% High Jan. 23 to Jan. 21) both 9 Jan 13 % Jan 50 56 Jan 68 Jan Friday Last 8% 30 8% Jan 8% Jan 5 5% 175 4% Jan 5% Jan STOCKS— Omnibus Corp —6 common..... 5% . Peabody Coal B common 5 _ 2% Pennsylvania a % 150 25 Va 1,251 46 % 47 % 118 24% 4% 5% 1% 1% 7 7'/a % 25 .50 capital. 24% 24'/a class A common... KH 2% 100 2% ^ Penn Gas & Elec Jan 2% Jan Jan % 25 % Jan Jan 47% Brass Canfield Jan Jan •J 0 : Perfect Circle Poor & Co Potter (The) Steci Quaker Co :• class B Co Pressed (The) —100 — 1 •> common—; Co Co Jan Lathe Dredging Preferred Standard .. w Oil v» ' of >1 (. Swift & Swift Texas Trane Co Carbide United U S 1 Air 7nt Utah Radio Jan 19 14% Jan 7% 575 59% 21 Jan Jan 8% Jan 200 10 4% Jan 820 4% 9% Jan 10 29% Jan 30 Jan 23 Jan 24 % Jan 3'.: Jan 3% Jan 1 % Jan 1% Jan 30 450 3% 350 1% 250 13% 100 28% 29 60 . ' 13 4% Jan 13% Jan ~ 29 9 22% Jan 400 Jan 30% 43% Jan 8% Jan 82% Jan 63% 8r 81% 437 79% 135 60% tl. Jan 62% Jan ' 1 Van Co ! common. a common.. Williams Oil-O-Matic common-——._• * Bankshares Woodall Industries Wrigicy (Wm Yates-Amer Zenith Unlisted American Co Mach Radio common. capital— 6 100 Jan 2/ 100 100 St & San - 23% • com N Jan 85% Jan Republic Steel Jan 5% Jan Jan 2 * 44% Jan Jan 36% Jan 110 30% Jan 20% 35 18% Jan 20% 20% 55 9% 508 % Jan lO'A Jan Jan 5% Jan 14% Jan 14 % Jan 9 .'33 Jan 434 5% 1,887 14% 35 2% 2% 200 2% Jan 2% Jan al65'« alGTii 165 I6V4 Jan 16% Jan 4% 4:% 4 1,300 75 1% 3% 1% Jan 140 2 65 1 4% Jan 540 1 Vs 8 •; * Jan 200 8 1,211 a27 1% 100 27 • a27 • -H-J- • Jan 75 1% Jan 2 Jan Jan 10 26% — 1 Jan 8 Jan 8 Jan 23% Jan 27 Jan 5 6 5% 12% *1.^ * '•'•/' 510 14 7% 4% 2,675 7% Jan 5% Jan 14% 15% 7 % Jan Jan 13% Jan 6% Jan 7% Jan 40% Jan 50% Jan 14 Jan 21 a Jan Jan 13% 55 30% a30% 9 % 7 90 a - . a . common.—10 A. . 15 % 28 a32% a33% » 156 a * a 15% a 15% 10 a33% 834% 55 —* 6% • all% a 12% 36 12% a 12% 115 7 '/a 345 Jan 5% 1% 700 13% •/ Jan '80% ■' 5% Jan 650 3% Jan 3% 58% Jan 62 % Central Oil S RR common....—; common.: —* common * . Steel Steel Door al4% al5% » —, Youngstown a 49% common..— a 156 50'A 10% a 305 10% 35 Jan 5% Y Jan 141 Jan 5% 800 4% Jan 2IP4 23% 2,000 19% Jan 23 855 6% Jan 7 . % Jan Watling, Lerchen & Co. 7 Jan 26%. 1,145 243t» Jan 26% 48% 555 45% Jan 49 Va 59% 520 6% Jan 7% Jan ■7% 7% 366 33% 32% 33% 1,950 /•:. 7% - Members Jan 58% • —! 33 a 9 % common—.4—1.——10 common Ohio 46% • common Jan 0 Tube.. & Addressograph-Mulitgraph Jan :* 3% 7% Co 43 % 36 ; 50 23 al434 Sheet Jan . 26 26;,4> 100 Curtiss-Wright Electric 151 36 Unlisted— 22 Jan Jan 62% 6% Mining Interl&ke Iron Corp 6 al02Va 31 ... /; Radiator Copper ... 29% 20% 26% 3% Stocks— Anaconda Motor ... ' • 5% » common 81 20% ; a Industrial Rayon common Interlake Iron common ' 15% Jan a20 . ..... Jan 6 ; a Stores 2 5% Jan /•' Works Drug Electric 2 15% a ....... Iron Co 2 100 1 % _ General : Jan 15% 4:,H 0 Inc Glidden 61% 3% capital Corp Prod Jan 146 51% «.».'••• a . ix- Jan 5% Jan 2% ........ __ Jan 85% 50 ; ♦ Atchison Topeka & Santa Fe com Bethlehem Steel Corp common Genera) i- 2 ZI2 common Jr) A 19% y 50 73 .. 51% 5% 5% a- Wisconsin Bros. Youngstown U Inc class Corporation 115% 372 Jan 51% a Jan 850 Jan 35% 14% .. Jan 22 Jan 12 Jan 5% a . Jan 29% 63 % Jan 265 12 a a 6%— .... 16% 83% Westinghouse Elec & Mfg common....50 Wieboldt Stores preferred 47% 28 29% Jan 10% 93/4 a common 112®/a 21% Union Tel common........ .100 ." Western 63% 35% '• — Reiining Dorn White ,r Walgreen Jan 36 ... 203 ■ 2 % 59 a Brick 2,700 2 — n* a 19 2 ' .. 51% 602 Jan al02 •.W.' Cement 18 V Jan 2 10 31% » . 49% - Jan 13 2,292 a Acme Weinberger ' 51% ; Jan 14 Jan Jan 550 8%-. a ... Sessions LeMur 10% 35% ' al02 _ __ Upson-Walton Jan X-:- .J a preferred cum Portland Thompson Jan Jan a & Richman Jan 29. «*. a Nestle Jan 24% ' '• » a Packer Jan 15 42!; 523 43% Jan 8% : $5 A) 113% 114% 19 a common 3,000 61 % ... 100 8% Jan Jan a25% a2534 a26% a'26% 43% 44 % __ „ preferred. National Tile Jan 10 % 50 a _ Rubber Medusa Jan 1% Jan 79% : 29 Jan 7?% 14% 29% 8 capital—.—5 _ 29 42% 7(- 50 • ' 29 preferred 670 24% '■<- 43% 25 capital 15 24 24% Jan Jan 650 8% 14% ' • 300 8% 8% 8:% t'.v. '15- 28% 1,243 1% 1% —15 ... Transp • 26 15% Steamship National Jan 55 1,000 11% - ... Lamson Jan 4% Jan 51 F)_ Paving High Jan 55 2 0 Laughlin. National 4','4 10 14 63 Kelley Island Lime & Tr Metro 100 10% al0% a35% Machine & . 12 Cooperage class A (M Jaeger Jones Jan 24% (B L010 % a Rubber Interlake Jan 62% preferred- common. Bros Hanna Jan Jan Iron Range Since January 1 2 w„ ^ Goodyear Tire & Grcif 4 55 a Manufacturing Faultless % lists 14 •• Realty Elect Controller Jan 150 a Cliffs Corn Eaton Halle Bros 300 131/4; 29 25 Products 72 Jan Jan 8% 1% 25 capital— common.. cumulative . 14,; 400 3% 13% Jan 70*. 149.. rj O O 29% 8% common Lines Steel Jan 23% ; 3% D ... Carbon Co . ,' 10 common. common.. & Gypsum Jan 7 % Cliffs Prior ' 8 1% Jan 62% V2 - 9% 1 capital (The) % 4 Shares High 55 Builders Cleveland Jan 6% ... Clark Controller Jan 5'% Jan 10 • 61 % ' 30 omulim—.— capital. Corp Union 10 capitals- .25 Tool International Co 24% Jan 330 21 8 • 1 common_ Macuiiie ' • 4 20 ... Indiana rue* •• 62% —2 common.. Storkline Furn Corp common.—lAiA SuttuairaiKi U H-T— 0 capital, __ Sterling Brewers Inc O" " a vcommon— Inc., Standard works Jan 4% 600 14% 20 30 Bend 22; 600 72 - 14 Va 1 Preferred 20 350 ■ 150 71 150 a common ; Manufacturing... 50 City Ice & Fuel Goodrich 72 1 „ capital— Corp class B common Spiegel, V a capital Co <v. Signodc Steel Strap South '■ 10 ; common... Cummins Roebuck bears — • common Electric Schwitzer Serrick '• '' 100 Mfg Co Sangomo " 1% 1 common Preferred Reliance . • Car Oats a common 46', 4 of Prices L010 sales Sales for Week Range Sale Price Oil Cleveland Peoples Gas Lt & Coke capital Week's Par Akron Exchange inclusive, compiled from official 300 8% , Cleveland Stock Range Since January 1 Low 13% 100 common..—.—— Shares High 100 preferred preferred- Bush Shoe Nunn for Week Range of Prices Sale Price Par North Sales Week's Friday STOCKS- 6% 7% 710 56- Jan Jan 59% 30% Jan 33% Jan 7% York Stock Detroit Stock Jan 6; New Exchange New Exchange York Curb Associate Chicago Stock Exchange Jan Jan Ford Building DETROIT Telephone: Randolph 5530 Martin (Glenn L) Nash-Kelvinator Co Pictures Paramount Pullman Inc Pure Co Oil 1 common Corp.. York Central RR New common. 1 « • common Radio Corp of America Republic Steel Corp • common • common 18% 121/4 • . 16% , 16% 6% 5% 19% Jan Jan 7 % Jan Jan 12% Jan 525 15% Jan 16% Jan 485 , , 6% 10% 26% Jan 28% Jan 4,860 9 % Jan 12 % Jan 6% 4,950 5 Jan 15% 15 15% 12% Jan 1,863 1,750 27%" 28% 11% ••• * 12% 16 28% V-: 12% 7% 18 410 19% 6% 11% 6%; • capital (The) 19% —5 capital. 937 14 Jan Detroit Stock Jan, 23 to Jan. 29 both 6%.Jan , 15% Friday Jan Last STOCKS— Standard Brands Standard • common Corp common 5% ■fi 5%% ' 5 580 4% Jan 5% 47Pa 48% 612 46% Jan 48% Jan 6% 6% 1,060 5% Jan 6% Jan 1 ,;s }*;■!.• U. S. Rubber Co common 30 Yellow Truck Si Coach class B__ __ - 1 Sale Price 26% 30 15% 13% 15% Par J. Briggs Manufacturing 375 25% Jan 30 Jan Brown, 2,275 12% Jan 15% Jan Burroughs McLaren common—* 22'% ...1 common 1% Machine-—-,-—* Adding common.———... Consolidated Paper Continental Motors Crowley, Cincinnati Stock to Jan. 21) both Detroit Exchange Milr.er 10%. & Friday Last STOCKS—• Sale Price Par Aluminum Industries Edison Detroit Gray American Laundry Mach——. American Prod prior 20 preferred,. __.7 ... 100 _ Cincinnati Gas & Electric Cincinnati pfd Telephone Croslcy 50 Corporation 7 20 Va 50 70 10 8 21 Vt Gar Low . 5% Jan 410 2u'/4 Jan High 7 Jan Wood Goebel % 66 High Jan 4 ¥2 Jan 1% 10% 235 9% Jan 23 Jan 1 Va 200 12 ¥2 239 4% 900 1% 1% 2,700 3% 325 18 ¥4 3,420 75c 1 % , 10% Jan Jan Jan Jan 75c ; Jan 11 300 75c Jan 11 Jan 12 1 Jan 12 ¥2 Jan 1 ¥4 Jan 4% Jan 4% 1 Jan 1% Jan 3 . Jan 3% Jan Jan 2% ■ 17% Jan 18 ¥4. Jan 300 70c Jan 75c 2% 75c 2% 900 2 Jan 2 ¥4 4 4 200 3 ¥4 Jan 4 18 21 % Jan Hall Lamp common % Jan 1% Jan Hoover 17% Jan 18% Jan Hoskins 6 99% Jan 100 Jan Hudson Motor Car, Jan 8 Jan Huvd 324 89% 56 8 V2 133 68 10 45 5 81% Jan 8% 90 Jan Ball ————.—_1 18 ¥4 250 17 Jan 18% aJn Jan Jan Jan Lock Kingston & A——* Mfg common———1 Products common..! 100 4,300 5 3% 1% 83c Jan 3% Jan Jan 2 Jan Jan 1.00 Jan 5 Jan 5% 62c 350 4% Jan 16 ¥4 147 14 ¥4 Jan 16% 9% 10 ¥a 796 9% Jan 9% Jan 6 1,914 4% Jan G Jan 62c 3,300 Jan 62c Jan Jan 2 Jan 5% 60c 1 common——1 , 1% 2% — 1,995 1.00 5 —2% common 3% 2 96c 16% common———10 Mfg common.— 3% 2 Too -.5 4—.... Bear & 3% 1 common common 50 70 9% '/a 1,100 18 18% 1 Industries common—.—3 Brewing Graham-Paige 135 8 4 21 1 ¥2 11 3% 4 common Trailer common.. 1% : 20 —1 common 700 1,295 , 4% 1% common—10 common——5 Stove Truck Motor Fruehauf Nav Low 4% 12% common.———1 common Iron 18 % 89 % 8% —* — —— Range Since January 1 Range Since January 1 50 100 7% 100 Street Shares High 100 « ... Cincinnati for Week 18 — Churngold Range of Prices 1% Champ Paper & Fibre— Preferred Sales 7 21'A Federal Week's Low 7 —„ Shares 23 11 common——10 Cleveland Detroit inclusive, compiled from official sales lists 1% * common.———* Detroit-Michigan . for Week High 4% 23 Burry Biscuit common—.12%c 23 Sales Range Low Baldwin Rubber common....4———1 Capital City Prod Jan. Week's of Prices Jan 48r,« 678 Jersey capital 1125 Oil of New Studebaker Exchange inclusive, compiled from official sales lists 2 300 2% 200 51c 1% Jan Jan 9% 9 Jan Lakey Foundry & Mach Jan 70 Jan La Salle Wines common.. 2 2% 2 ¥4 500 2 V« Jan 10 Jan 2'A Jan Jan 69 Masco Screw 1 1% 1% 125 1 Jan 1 % Jan 1 % 1 ¥2 100 58 Jan IPs Jan Jan 1% Jan Jan Jan Jan 8 Products common 2 ¥4 Jan 2% Jan * Dow Drug preferred Eagle-Picher , Formica Found Art Randall Pumps U S S A common J. „ preferred-. Jan 20 Jan 1 Jan 1 Jan 20 Jan 22 % Jan Jan 2*A Jan Jan 27% Jan 40 27 % 623 Printing 51 50 __ 16% 2% 26 1% 2 'A 857 1% Jan 21/4 Jan 1 "8 19 » Preferred 2'A 26 lVa 15 1 % Jan 1% 51% 910 50% 19 19 3~T% 3% 40 - 104'., 30% 3% 40 . 31% 3% 40 17 5 135 48% Jan 511 Jan 17 Jan 19 Jan 104 Jan 105 Jan 30% Jan 350 3 Jan 11 ,38 Jan 31% 31% 40 Jan Jan Jan Rolling Mill Columbia Gas Standard For Abrasive Products ___25 « „ 11% 12 11 12 Pfeiffer Rickel River Car Brewing (H W) Raisin btauUara class Dist —• see page 468. -3% Shirt Specialties Jan 11% Jan U 25 10% Jan 12 Jan Universal Warner 2% 600 46% 177 5% 5% 280 2 S Radiator Jan 2% Jan Jan 46% Jan Wavne Screw 4%, Jan 5% Jan Young- Spring 441/4 10 . Aircraft Jan 2% 5,840 1% Jan 2% 550 10% Jan 1,380 5% Jan 2% — B_ ——* 1 common.— common & Wire.... — . 6% 11 Jan Jan 6% Jan 3 ¥4 525 Jan 3 ¥4 Jan 16 Va 200 14% Jan 16 ¥2 Jan 86c 362 76c Jan 86c 12% 5 ¥2 100 2% 300 1% 5% 2% Jan Jan 5 % 2% Jan Jan Jan 500 1% Jan 560 13 10% Jan 13 Jan 1% Jan 3 150 2% Jan 3 Jan 1% 100 1% Jan 1% Jan 1% 1% 710 1V4 Jan 1% Jan 3 Va 3¥« 100 3 Jan 3¥» Jan 5 1% 3 1% 1 % 1 —,1 11 16% 1% ,1 — —— Products Jan 5 2% 13 common.————. 4* class 7 Va Jan 5% ..1 common..L....l common Cooler Jan 5 3% —-—* common B 94c 6% 100 1,650 85c 16% 2 common. common Tube • * Sheller Manufacturing common.: Simplicity Pattern common 10% 2% —, common Paper Scotten-Dillon Jan 100 6% —_..l common 62c 7% 5 10% common 94c 7% 1% —10 common.....—2% MtL Prod 90c 5 7% __50c „ _ Motor 92c common Rust-Proof Peninsular 193 45% jq Brands footnotes 10% 2% - Motors 11% common Murray Corp Packard * u-—; ——...—10 — 1% common————1 United City Ice & Fuel General Motor —_:1 . common Hone United Unlisted— American Mid-West Jan 104 Sugar Preferred Parker 26% ■ 10 Michigan , 25 140 100 Playing Card . ..25 2% « . , 7% 20 22% * _ Michigan Die Casting 1 1 22% 2.50 58 Micromatic •2% * s class 25 * ___ Robbins ' 7% 5 <• i Kroger U 7% * Magnavox Sabin 58 20 : — Procter & Gamble 58 —. Hatfield National 58 10 . Insulation Investment Gibson 100 — 5 100 5 Jan 5 1% 1 100 75c Jan 1% 400 68c Jan 85c 1% % 85C VU 400 1% Jan 85c 1% Jan Jan Jan Jan 4 4 >A 4% 100 4 Jan 4 ¥4 Jan .J—* 9 ¥a 9% 125 7% Jan 9¥s Jan __ THE COMMERCIAL 464 Monday, February 1, 1943 & FINANCIAL CHRONICLE OTHER STOCK EXCHANGES Los Angeles Stock Exchange 23 to Jan. 29 both inclusive, Jan. Week's Sales Last Range for Week of Prices Sale Price , Par Accessories Aircraft Low 1.90 500 H co in Jan 1.95 3% 500 3% Jan 3% 30% Jan I Preferred 90c 80c 8% 8% IlOO — 1,410 415 8% Corp 230 28 (F W) 75c 7% Jan Jan Jan 34% 1.60 90c 8% Jan Jan Jan. 23 to 24% 10 24% 8 ' Jan Motors Paint 28 Jan 9 69% 29 68% Jan 68% Jan Amerlcan Stores 7% 7% 1,574 7% Jan 7% Jan American Tel 7% 7% 7% 3,745 6% 7% Jan Budd (E G) 21% 21% 22% 1,900 Budd Wheel 20% Jan Jan 22% Jan 59% a 59% 7% 750 7% Jan 7% Jan 7% 195 5% Jan 7% Jan a 45% 46% 631 44% Jan 44% Jan 5% 200 5 Jan 5% Mfg .10 ' common- a46 9 Jan Co__—. 10 210 267/a 9% 26% & 225 26% Jan 10 Jan 26% Jan Prior Holly Development Co_ General Lane-Wells Aircraft Lockheed Menasco Co Mfg Corp. ,_i 1 —1 — Oceanic Oil Company.-—, Power Gas Pacific Indemnitly Pacific Corp 300 77/a || Jan 19 18% 1.15 1.10 7% Jan Jan Salt 17% Jan 19 Jan Scott 97%c Jan 568 15 12 Jan 2 % 320 16% Jan 21% 36% 316 33% Jan 36% Jan 46% 940 44 Jan 46% Jan 5'A 7,468 4% 30 1% Jan 1.15 Jail Sun Oil 33 Jan $3 27% Jan United 39% Jan 41 % Jan 55 166 34% Jan 36 Jan . 23% 2.10 Jan 2.50 43% Jan 43 % Jan 3% Jan 3 Jan Jan 50 24% 25% 25% Jan 3 15% 14% 15% 330 13% Jan 15% Jan 50 15 15 50 14% Jan 15% Jan 50 28 28 i 200 27% Jan 28 Jan .j._——h.^_.50 23 23 100 22% Jan 23% Jan Corp—1 4 4% 1,552 2% Jan 4% Jan 21 38% Jan 39% Jan 48% Jan 53% Jan A Jan . Oil ... —... . 4% • , i Ai- 39% 39% • . 52% 53% 84 Invest Corp Gas if .25 preferred Corp common.. preferred 503 -1 Mining . Jan % 21% 576 17% Jan 21'/a 6'A 104 % 11,973 5% Jan 6'A Jan Jan 105 »A Jan ■% • ♦ 103 103% — Westmoreland ".20 Coal Jan lit Jan Jan 786 5% 21% preferred .li v. 18% — .... Improvement common. Jan 7% Jan 8 Jan Jan 35c Jan 35c 157 8% 3% •3% 300 a35% 36% 185 25c 21% " 10 % ■; 303 103 21% 105 22 Jan Jan 22 Jan Jan Pittsburgh Stock Exchange 23 Jan. 48 ■ 5% Jan Jan 50 8 a77/8 .—--2 Jan 3'A 190 3% 32 3,500 2.50 35c 35c United Jau 100 43% 7% 4% 3% Jan ..— Transit 300 2.30 43 V* 2.50 Jan Jan Jan 9% .50 15 Jan a9 % common— Jan 12 30% 35% -—10 45% 46% Jan 23% Paper 27 a34% ~3%~ Jan 3% 35% Jan 35% A Jan Jan A - 33 35 32 Jan 33 . 15 —1 17% 68 17% Jan 18% 2% 2% 200 2% Jan 2% Jan 4% 4% 150 4 Jan 4% Jan A Week's Friday Sales of Prices Sale Price , for Week Range Last • Range Since January 1 Shares Jan Sontag Drug Stores * Southern California Edison Co Ltd—.25 A STOCKS— Jan al7% both Inclusive, compiled from official sales lists 29 to Jan. A; ,.:A A Safeway Stores, Inc 2% 21% 3,630 preferred Dome 25% a35% ~3% 1% 35% 200 41% ——.1 455 Jan 70 25% common preferred 2nd 30c 35c 35c Jan Jan 19 1.10 6% 27c 1,100 41 y8 Ryan Aeronautical Co Jan .A Corporation Reading RR 1,740 30c 41 % — 67% '18% Pennroad Corp voting trust ctfs—... 1 558 29c 40 Warrants 79 4% J an 130 Roberts Public Markets Inc.; 69% Jan Jan x5b 435 -1 Jan 2% 25 32% Republic Petroleum Co common— i>%% preferred Richfield Oil 8% ..50 Pennsylvania RR... 27% — Jan 3% Philco 25% Corp com Pacific Western Oil Corp— 6% 3,502 Jan 32% Lighting 700 4% 6 25% Co Jan 8% Jan 3 Jan a27% — 3% 2% 4% .25 25 10 preferred Jan 3% Jan common—...25 Electric & 1st preferred 5 (/o 3 ——* Light— 250 30c Pacific Finance Corp common.—.——10 6% 415 Jan & 65c 34 Tonopah Pacinc 3% ' 2% ...10 Jan % 7% 1 Co 134% 21% Motors 57 %c 400 a% —1 Petroleum Co—....—_10c 12% Jan 36% Lehigh Coal & Navigation Lehigh Valley RR 1st Lincoln Jan •69% — Jan 6 5% * Car Corp—— Hupp Motor 11% 127% 3% 5 Battery 35% 760 65c 65c __1 Car Company— Motor Hudson 130 506 ... common- Storage Jan 35% 35 35% '... Co 12% 3% ; preferred Electric Nat'l Hancock Oil Co common A— Pub High Low • 133% 130 131% common Company „ 7% I100 Co Range Since January 1 High 11% .... Tel. & Sales Shares Jan — Corp common- McBean Curtis 7% 7% 5% ■ ._5 Goodyear Tire & Rubber Co— Gladding 2" . ''" -4 Low Par Jan * Corp— Corp Jan for Week Range of Prices Sale Price 6TOCKS- Jan Jan 19 A Jan a69% Aircraft Co—— General 3 XTiS Week's Friday » Emsco Derrick & Equip Co General Jan Jan compiled from official sales lists both inclusive, 29 Jan. Jan 7% 5 :— Electrical Products 33% 82 Philadelphia Slock Exchange Jan Chrysler Corp Douglas a32% Jan 8 Jan 2% 170 Jan 50 Jan 7% 82 3 3 .. 10 — 400 8*% , 1.35 175 8% 8% 8% —— — 1 High" Jan 48 185 8 7% a84% ... Low 1-05 28% 50 50 __ 5 Willys-Overland Motors Inc Woolworth a27% Last * 24% 28 28 1 — ;—„— Corp . * Westinghouse Elec & Manufacturing_50 * Corp Steel ' 25 405 24% Consolidated Oil Corp Consolidated 1 common- Aircraft Company. Chrysler 1.50 1.50 120 1.55 33 34% m Inc.. Central Investment Corp— Cessna — 6% 34% 6% IISO 2 Corp Steel ..10 Co Range Since January 1 High Jan Oil common,—..... Packing California Low Jan 3% ... ... Department Store Broadway High 1.85 3% it 5%% preferred.... Blue Diamond Corp Bolsa Chica L010 High 1.85 1 — Corp common Bros Barker Range Since January 1 Shares Sale Price Warner Bros Pictures Inc— _50o Inc Company Petroleum Bandini Rubber S U. S. Friday STOCKS— U Shares of Prices Par compiled from official sales lists for Week Range Last ■ Sales Week's Friday STOCKS— .. Int Security Co Units of Ben Shell Union Oil Corp— Solar Aircraft Company —, ... Orig preferred preferred B 25 preferred C Pacific Oil of * Co—.—: Standard Co 1 Transamerica Transcon California— of 25 Oil-. Inc.. —— . 285 28% 21% Jan 22% Jan 39% Jan 40 Jan 30 Jan 30% Jan 28% Jan 29% Jan Arkansas Amer Byers (AM) Clark (D L) Columbia 16 Jan 17 Jan Copperweld 1,710 28% Jan 30% Jan 2 2% 300 1% Jaxi 2% Jan 6% 2,468 6% Jan 6% Jan 15% 100 Pitt Star 17% 10 2,649 15% Jan 17% Jan 8% Jan 10 Jan Jan 200 7% Jan 8 Pitts & Tel Co American Tel Viscose Corp— Anaconda Copper Mining Co.. —50 ————.—-5 Atchison, Topeka & Santa Fe Ry—100 Aviation Corp (The) (Del) 3 Co Screw Co——...—-5 Aviation Corp Bendix 360 133% Jan 34% 225 32% Jan 26% 26% 295 24% Jan 3% 3% 200 3% Jan a47% 48% 243 3% 3% 300 26% 13% 14 a35% ——5 Borg-Warner Corp———~ 59% 28% 25 6% 6% 2% 2% Commercial all% 11% Cities Co Tractor Service Company , Solvents Commonwealth Cons Aircraft Corp..—. Southern Corp & Continental Motors al7% 18ft 4% 4% Corp.——...I 3% General Electric General Foods Goodrich (B F) Int'l Nickel Co Jan 16% Jan 7% 7% 7% 180 7 Jan 7% Jan 6% 1,073 5% Jan 6% Jan 6% 6% 35c $ Jan 45c Jan 25c \ _ ^ A-- . • 9% 150 9% Jan 9% Jan 89 *A 87 84% Jan 88 V4 Jan 4% 4% 218 25c 100 " — — .. 6 6 —1 common. 25c -—5 : 2% 2% __ 10 • ■ 4»A Jan 25c Jan 534 Jan 6 Jan 100 2% Jan 2% 9% Jan 9% 9% 18% 25c 100 17'A 490 i 4% Jan Jan 50 9% Jan Jan • • 18% 7 Jan 15 3 4 1-* CO .0 Jan Jan Edward D. Jones & Co. Jan 42% Jan 5% Jan 300 2 Jan 2% Jan 161 9% Jan 9% Jan Jan Chicago Stock Exch. Jan Associate Member Chicago Mercantile ExcUauge New York Curb Exchange Associate Established Members 1,744 4% Jan 7 Jan 7% 100 2 Jan 33% 33% 327 31% Jan 33% Jan a36% 36% 47 35% Jan 35% Jan 34% Jan 34% Jan . Phone New York Stock Exchange St. Louis Stock Exchange 70 4% 1922 Olive St., ST. LOUIS 705 Jan % Jan 700 2 CEntral 7600 Postal Long Distance Chicago Board of Trade Bell Teletype 3L 593 30 a 25% 25% 34% 175 7% 667 Jan 2 SI, Louis Slock Exchange 35 34% 34% 100 35c 88'A Jan Jan 2% * 1% Jan 5% 2 ♦ Jan 13% 6% 2% ...* Co Jan 1% 81 42% 80 of Canada... Jan Jan 2% St. Louis Listed and Unlisted Securities 45 — 9 .A' 625 IZZi __ 11% • 1% 13 7% ....* Jan 16% 40 22% — Jan 2% 1% 125 A a7% Co Jan 8JA 100 9'A Westinghouse Air Brake Jan a22% Corp—:——. 9% .130 2% Jan 14 1 Light Corp_. 80 9 Jan Co——......5 & Share Bond Power & preferred Jan Jan 48 -__1 ........ A Electric Elec I7<T 1 Curtis-Wright Corp Class • common.— Jan 13 3% 6 'c 5,215 Jan 2% 15% ::io Corp Oil & Gas Jan 7 Jan 16% J25 Manufacturing 17 41% a6'A -i 6% a41% Caterpillar Ry Co Jan Bolt 10% Jan 2 59 * —10 Columbia Gas & Elec Corp——-—* Pacific Canadian 3% Jan 34%, Jan 26% Jan & Jan 6% 120 a28 % —— 35% a58% ;—5 Bethlehem Steel Corp.. 254 14 Jan 48 134% 11% 35c Company Shamrock 34% (111) Oil Barnsdall 77 39% al30% 133% -.100 .—14 American Armour & a39 % — Pittsburgh Plate Glass 8 .* Supply 10 9 ZZi Fireproofing Corp Pittsburgh Forgings 10 10% $ Fuel Jan 120 7 WW common- Gas 200 16% - Nat Ruud . _ Jan 6% 2% —5 Refrac Jan 1% Jan 5 • 2% 11% III5 19% Jan 100 10% 7 2% • -..A- Walker Mountain 1 ... Brewing Harbison Lone Steel Products Electric Fort 16% 10% 2% >'•' • Dusquesne Brewing 6% 17 10% <0 Jan 1% A":6 75 1% 6% ... Electric—...... rH CO 336 19% 1% 6% '"v '• Wf* common.————_ 1,264 6% 19% ■ common.— Candy— Gas & 17 ~2% a ___*> ....... 6% Co ...— 30% Stocks— Smelting & Ref Co Gas " Renner Unlisted Nat 16% —10 Aircraft 497 Allegheny Ludiuni Steel.. Blaw-Knox Co 29% 5 Air..—— Universal Consolidated Vultee 2 —. Western & Oil Union Corp 10 40 30% 28% 16 y8 California.—_—* Sunray Oil Corporation——..— 1,225 40 30% 30% 25 — Southern 28 21% ——25 6% 5%% 33 33 Jan. 23 to Jan. 29 both inclusive, compiled from official sales lists ' International Kennecott Tel & Libby McNeil & Libby Loew's common.. a29Va 30% 120 5% 5% 415 a 43% 43% Robbins Montgomery Inc.. Ward & Co Central North American North American RR Oil Co 12% 10% 11 505 10% 11% 631 Seaboard Oil Sears, Co Roebuck of & Standard Stone & Oil of Co 25 25 367 12% 12% 246 5% 6% 1,406 15% 232 al7% 18% 62% 10 15 all 12% Jan 10% Jan 11 Jan 10% Jan 11% Jan 12 Jan 2% 24 12% Jan Jan Jan 12% Jan 59% 60% 10% Jan a28% 28% 25 a48 48% Jan Jan 11 17% Jan 90 24% 43% 211 11 5%. Jan Jan 47% Jan 5% Jan 6% Jan 4f% 10% 25 280 11 • a81 81% 5 a28% 29% 188 United Corp * fV 100 For Corp (The) (Del) footnotes see page 468. ' u 6% A 5% Low 50 Dr 42% Jan 43% Jan 9% Jan 11 Jan 27% Jan 31 Jan 35% 215 17% Jan 1834 Jan Pepper common _...* 15% 15% 100 12 % Jan 15% Jan 25% 25% 23 Jan 26 Jan .... common ........ Huttig S & D common l 7% ~8 100 common ~5% * 301/4 5% ... International Shoe Rice-Stix Scruggs-V-B Inc M Jan Alum Electric Louis Car Jan 6 Jan 7% Jan 8 Jan Jan 35c Jan 6 7% 8 125f 4% 30 5% 35c 20c 200 5% 30% 675 3% 497 ■ Jan 5% Jan 28% Jan 30% Jan Jan 5% Jan 5 15% 162. 15% Jan 15% Jan 951 14% Jan 16 Jan 12% 11 Jan 12% Jan 17% 18% 14% Jan 18% Jan * 8% 8% 60! 6% Jan 8% Jan —100 40% 40% 5i 40% Jan 40% Jan 8% Jan * common preferred common common 16 1 18% 9% 9% * 7 1 15 9% 98 100 26'A 25% 9% 98 9% 7% 26% 100' 2,330 22 It - 9% Jan Jan 98 6% Jan 7% Jan 553(; 24 % Jan 26 % Jan 85 Jan 85 Jan 90% Jan 91% Jan 7% Jan 98 87 f 320! 75! Jan 9% Jan 1 Bonds— L 7% Jan 16 * * common Wagner St ft Jan 2nd Jan 12% common preferred Steel 7% 5% 16 common St Louis Pub Serv class A 15 15% Dry Goods common.. Car 30 346; common—. Bearing Metals National Candy Louis Sply % Jan 5% .—20 common Midwest Piping & National common .7 120 35c —.100 Preferred 7% 6 * ..—5 Hydraulic Pressed Brick St Jan 155 18% Hussman-Ligonier Jan 27% 6% 35% ...—« Falstaff Brew common St High Jan 18% Scullin 40 Aircraft 6% 35 Sterling United Range Since January 1 common.—..1 10 43% 10 98 1,276 i Shares jLow High Par common^..—l common Laclede Steel Jan Jan 6% V- of Prices Bottling Shoe Coca-Cola Jan Jan 4% 7% ':A A Laclede-Christy Clay Prod common—5 6% 1,370 a24% Corp Jan 15% 5% 25 Co Jan Jan 5 5% Texas Corp (The) 3% 25 14'A Jan 5% 6% Inv ; Ely & Walker Dry Goods common—25 Jan a7% a v; for Week Range ■ Jan 12 16% 1 Oil 10%. Jan 300 * AAV American 25 Inc Last Sale Price Sales Week's Friday STOCKS— ■■ 17% • Corp Assoc Jan 17% 25 Water Jan Jan 5% 17% » capital! Union Carbide & Carbon 125 11 Swift & Company Tide 7% 30% Jan 70 a61% 6% : (New Jersey) Webster Studebaker 600 * Del— Co Ind 3% 15% * Socony-Vacuum Oil Co Oil 50 12 3% 3% 1,185 ...♦ Southern Railway Company Standard Brands Inc Standard al2 12% Corp Jan Jan Brown 11% .50 5% 82 11 Co Steel 36% 12% 11% Radio Corporation of America Republic a36% 30 25 1 Inc Company RR 14% * Aviation ... Pennsylvania 7 al4%' * Ohio Oil Company..——.—.—....* Packard Motor Car Co * Pure ~5% .—18 ; 6% 50 7 — & York 7 • Inc McKesson New * Tel.. Corp Copper 6s Pub Serv 1st extended —1959 85 1945 mtge 5s 90% 85 90% 90% $1,000! 8,700) Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4147 157 465 OTHER STOCK EXCHANGES V" San Francisco Stock Jan. 23 to Jan. 29 both inclusive, compiled Friday Last Par Aircraft Alaska Insur Fund 1.85 20 Bank of California Bishop Oil Byron Jackson L65 1.60 1.65 Ink Co * 16% 16% 17% 300 —* 1.50 1.50 1.50 100 30 California Packing Corp common * Carson Hill Gold Mining capital——1 25% Central 30 24 ——* capital— 25% 1735 Eureka Clorox Mining Chemical Chem Cons. Co Crown Zellerbach 1.35 Jan 39% Jan 433 39 21% j— lie Jan 117 Jan 22% 4% 250 3% Jan 4% 12% 1,967 11% Jan 12% 84% 85 .105 5% 5% 33 % 2.50 81%. Jan 250 •: 34 5% 50 2.50 100 ■} Products Emporium Corp—.1 Co Capwell 4. 7% .: 34 Jan Preferred Foster Gen (ww) Fund 14 . Jan 7% ' 540 Metals General Co.., 74 —10 common V2 13 22 38 Jan 511 74 7% . Jan 40 ■■ - ; Jan v. 1.25 200 10% 10% . 200 46 —2% Corp ; 74%*.; 1.25 46%. 1,405 ——2% capital Corp Motors 40 74% —50 — Ins Kleiser & 10% common——10 • ~5% 5% 5% Gladding McBean & Co.——— _* Co,'-Ltd—1111——• Greyhound Corp- common.^. ;—* 9% 10% -12% 12% 15% Paint Corp common—i— Golden State Hawaiian ■ Hunt Co Pine Brothers Ltd— 44% 1,450 4% Union Preferred Leslie —— Le Toumeau (R G) Inc -• Libby McNeill & Libby. Magnin & Co (I) March 14 844 Natomas North Company ' American Occidental Oliver Oil 6% 5 % 1st Tel Serv Universal Vultee Tel & Philippine Waialua Wells R E & Dist & P R Co Ltd Preferred Tel T 9 1.10 7 Jan Armour Cities 7% 10c 158 29 both Co Jan , Bond Jan y General Jan ' Hobbs Jan Idaho Corporation Electric Co. Alberta y Pacific Grain class Preferred Algoma Aluminium Asbestos A International Nickel common ... Jan N North Y Central of * •: . Cons Ltd Onomea Packard 7% R R North Associated Bathurst Breweries Motor Brazilian T L & 14 100 145 Bruck Silk Building 15 16% Mills...... Products Gold 145 ! 60 55 563 192 *-w 100 * ... 1; Shares Inc Raaio 47% Preferred Canada North. Power Canada 5 % Steamship preferred Canada 4% Bd so 151 < 4 92% Calif Edison , Wire So Standard California Ltd 151 Jan Standard Jan 15 Jan Studebaker Jan 7 9 Jan common Title Gas Oil of Co 6% N Co United 12% Jan 2.50 Jan Jan Westates Jan Jan 7% </*V 43 10% ;• Jan y Jan 14 8 15% Aircraft Corp Utah-Idaho Jan Sugar Co Petroleum West Jan Western Union » Canadian Bronze common Preferred ; 7% participating Celanese Preferred Canadian • 33 preferred.. common 25 * High 2 Jan 4 Jan 49 Jan 108 685 1,088 Jan 516 Jan • 210 • 146 559 133 • 3 8= Jan Jan Jan Jan 15% Jan Jan 14% Jan Jan 149% Jan 141 Jan 40 16% Jan Jan •4: 100 23% • Jan 3 common 8 Jan Jan Jan 15% Jan Jan 12% Jan Jan 5% Jan • 25 Distillers Seagrams Preferred Dominion Glass common Dominion Steel & Dominion Stores Dominion Tar Dominion Eastern Enamel Famous Ltd— 12'% —I.• ... Dairies Preferred (Charles) see Jan 9% Jan 33 Jan 22 •• 33 Jan Jan 9 Jan 8% 415 28%. 525 30 139 26 27 7% Jan Jan 425 Jan Jan 28% Jan 30 120 - Jan 30 " Jan 139 Jan 4% 635 Jan 5 Jan 8% 8% 7,825 Jan 8% Jan 9% 9% 285 Jan 9% Jan 40% 43% 1,911 Jan 43% Jan 29 285 27 Tobacco International Power Lake page the Woods Lindsay <C W) Massey-Harris 175 33% Jan 2% 100 2Ve Jan 33% 900 31% 35c 200 35c 4 425 Jan 890 Jan Jan 5% 6 400 Jan 1.25 20 3% Jan 120 10% 7% 7% 80 Jan Jan 34% Jan 7% Jan 405 29 % Jan 7% 310 6% Jan 30% 344 15c 35% 36% 155 1.85 ■, __ Jan Jan 4% 14c 15c 33% 35C Jan 29% 1.85 50 7 Jan — lie Jan 33% 4,000 Jan 15c Jan 36% V Jan 1.60 Jan 1.90 Jan 11% 12% 974 10% Jan 12% Jan — 10% 10% 30 9% Jan 10% Jan 11% ,' 10% 11% 492 10% Jan 1 i % Jan 18 18 100 18 Jan 18 Jan y __ 7 3% 3% 100 25% 24% 25 % 27% 28 % 3% 24% 65 Jan Jan 25 Ve Jan 27% Jan 825 —. 2% 28% Jan Jan 6 6 O'f __ 11 Jan 14% Jan 251 5% 5% 105 15% 5% Jan 10% Jan 6 Jan 15% Jan 5% Jan 11 Ve ;! Jan 11 365 21% Jan 22% Jan 30% 30 30 Va Jan 30% Jan 28% 390 28% Jan 29% Jan 31% R 5% 5% 22 30% 31% 28% boo 28% .,'•• • . 11% 22 __ .. 949 6 14% 5% ,* 5% 540 4 % Jan "5% Jan 48% Jan % 48% 383 6% 6% 210 15% 15% 10 29 30% 51 51 48 — 1 __ V" 51 Jan 15% Jan 28 Jan 30 Ve Jan 542 48% Jan 51 Jan 100 2.25 Jan 200 7% Jan 9c Jan 8 10c 15c 2,580 1.40 1.50 4,100 5 5 V 5 28% Jan 15c Jan 1.50 5 Jan Jan •••' Sales Shares Range Since January 1 LOW 5% 9.25 Jan 8 Jan - ..•v- High 5 • for Week Range 9.50 2.25 Jan 4% 50 Week's 5% 1.25 10 28% of Prices Low Jan Jan 15% 8 1.45 CO vu CO- 6% 5% Jan 155 2.25 2.25 . 430 4% v.;. High Jan 5% Jan Jan Jan Jan 540 Jan 9.50 Jan 13 13 280 12 Jan 13% Jan '"■•■'■■'I 28% 99 100 270 98% Jan 28 28% 717 27% Jan 28% Jan 13 V« 12 13% 3,627 12 Jan 13 % Jan j 12% 12 12% 794 12 Jan 12% Jan 7 % 600 Jan 7% Jan j 7% 14 7% ; • com..* 38% 36% 38% * 18 % 17% 18% » 10 10 10 108 100 8.90 7% 200 Ltd _* ' — 100 13 Jan H Car Corp : * 22% .4,296 33 Jan 38% Ogilvie Flour Mills Ottawa » 17 Jan 18 "4 Jan 6 Jan 10 Jan ' 25 110 42 100 Jan 23 1,061 19 10% .110 Jan 23 Jan { Jan 10% Jan I 7 13 7 Jan 440 Jan 15% Jan 317 Jan 8% 7 1,877 5% Jan 1,987 6% 27 2,637 7 ♦ 26% 26 Jan ? 6% Jan ! 7 Jan Jan ' , 20 22 Jan 27 315 26 Jan 37 37 25 36% Jan 37 Jan 45% 1,705 38 Jan 45% Jan 41% 44 2,641 40 Jan 44% Jan 22% 44 Jan 23 26% 43% 37 •••>.:• 25% 22 •/; ; • 23 611 22% Jan 23 Jan, •' 27 ■ Jan 23 Jan 27 Jan ; Ottawa L Power Price H & Power 5% Co Ltd common preferred Regent Rolland Class St. A common * • preferred.; Lawrence 6% 9% 50 Paper preferred Williams of Power Canada 9% • Simpsons class B Steel Co of Canada common.. •__* ".>v 10% 62 15% 15% Jan 5% 5 5% Tooke Brothers Tuckett United preferred.. Tobacco Steel y% ■ ■• 15% 55 4 30 6% Jan 7 Jan 6 Jan 7% Jan 198 i j 685 Jan 9% Jan 4% 10% 8% | Jan j j < ; ! Jan ! 70 62 Jan 63 Jan j 345 14 Jan 15% Jan ' 6 6 6% Jam 6 9 25 2 2 725 13 285 12% 12% 34% 34% 17% I8V4 565 14% 14% 14% 3% __ 62 3% 62 Jan 1.75 60 18 Jan 9 100 9 2 Wabasso 100 preferred... Corp Cotton 26 26 155 ..100 155 * ■ ; ... ....... 12% Jan 9 Jan 2% 13% Jan 34 Jan 35% Jan 17 % Jan 18% Jan 14 80 Jan 15 3% Jan 59% Jan 38 25 10 155 bO 145 i Jan Jan 3% Jan Jan , 62 Jan | 4% 4 % * 49.Va 49% „♦ • 19 2% 2% 4% 50 19 2% 4% 145 Jan 26 Jan j. Jan 155 Jan Jan 48 Jan 2% 35 205 Jan 17% 155 Jan 4% 51 19 3% Jan j ! Jan ! Jan \ Jan • Preferred .... Zellers, Ltd., preferred .100 . 21 150 21 Jan 24 Jan 24% Jan 25 21 24% 160 24 Jan 25 Jan Banks— 95 94 Jan 97 Jan 25 53 Jan 53 Jan Canadian Bank 17,855 , ; ; ■ —100 common...* 6% 7 62 _» Corp 4% 6% • Knitting Mills common.—* Paper common... Lawrence 4 • .100 Quebec Power St • common—.__100 Corp of Canada....— Bros & • Jan 975 5 j : • 6% . Wilsils, Ltd. Jan 8% 5 , Jan 7 23 Winnipeg Electric class A... 22 8% 5 ! i 9% 6% ... Jan Jan 14% Jan 5 Jan Bank Montreal 300 Jan 5% Jan Royal Bank of Canada.. - ; 35 6% common Car Aircraft— Jan Jan 8% 97 ; Jan 760 6% ♦ 3% 3 22 7% 53 : Jan 7 _» 1.25 75 14% 97 | | Jan Jan * ♦ Noranda Mines Ltd.. Jan 8% 53 } Jan 22% 10% 10% 25 Steel v: 50, 20% 23 .100 common Preferred National y ;• * : 6% 7% 97 i . 9.50 .£;;f: Jan 25 22 34% 34% Jan 2% Jan 2.85 Jan 34 Jan 700 14 Tramways Breweries Jan 233 O 22% Light Heat & Power Cons Montreal National 12% ■' Co i 775 '-• 34 14 common....— ... 12% 7% Canada McColl-Frontenac Oil Sher. 7% 7% Jan ' Shawinignn Water & 80 Jan 35c .. 3 Jan 6% Jan 7% 22% common Jan 7 % Jan 7% 22% Secord Jan 3% 1927-4-50 468. of Laura 27 Jan 17 % Jan 32% 34% * common 29 3,426 6% Jan .25 Preferred 97% 14% -___100 ser of Petroleum Jan 10% Jan 7% 2% ' £1 Corp International Jan 9% Jan 1,105 '7% 34 y _i.. common—5 preferred... International Nickel Jan Jan 11 : 100 Bronze 95% Jan Can Acceptance International 26 11% Jan Jan ___• L_ 120 120 67c 5% 7% __ Jan Jan 4 . Jan 3% 15% 300 34 • 49 .100 of 265 23 Jan 9% 413 7% Sale Price Preferred 97% 120 3% *■ 26% 11% Jan Jan 55c 1,360 17% 100 Ltd 26 . Jan 3 3 % ; Jan ■ Imperial Jan 27 4% 3% Jan 3 50 7% • „_5 Bay Mining Industrial —' Jan * common footnotes V, ;- Jan 22 " Gypsum, Lime &'Alabastine.—• For Jan 9 31% 106 22 ; ... jodyear Tire & Rub pfd 20 .__* common 3% — ,•55 7% —.1 —— Oil Jan Jan 1.25 * Corp Gatineau Power common. Gurd 6 ;___* Wares 743 77% & Steel 7% 7% common Heating Prod Players Canadian 3,886 A > - 7% Jan 120 10 3 5 common 97% .100 common—.* Jan Jan 32 28% 2b % Foundation Co of Canada General 43% • ;'_25 1 * B & Chemical Textile Dr.vden Paper Coal ... 7 95 106 :• _y25 Dominion Coal preferred Jan 11 30 100 J. 9% 22 92 280 7% 138 • .common.. —... Dominion Bridge 99 33 8% — Consolidated Mining & Smelting—__b 1,469 20 4% Pacific Railway... Plow 9% 47» 92 32 8% Cockshutt 26 % 17% > __ „5 Insurance Imperial Jan Jan 15 27% Canadian Industrial Alcohol class A'__* Jan Jan 25% 14 1,528 7% 9% 124% y 15 3,167 - Hudson Jan 12 8% Canadian 26% / 6% — Preferred 106 27 214 7% . 5 Howard Smith Paper common... 305 27% ___^__100 34% 26% ' 992 Bridge * Hollinger Gold Mines.......__5.00 1C6 ._* 7% Foreign Investments comi Jan 550 _• Telegraph Hamilton 32 L- V; 33% 6% Par 9% 22 ■ 92 10% STOCKS— 24% 32% • ;_100 .... Canadian Car & Foundry common.—• Canadian % 9% 676 34% 10% _i Coast Life 133% 65c common. Preferred Jan Range Since January 1 Jan 55c Warner Bros Pictures 10% 18 Jan __ United States Steel common..; 43 Jan Jan preferred. Jan 415 7 50 15% 3 % 25 common. Jan Jan Jan 45 % 25 J 9% 2.05 Jan AH * Corporation Guaranty pfd 67 % Jan 29 265 395 25 Inc.. Jan 11% Jan Jan 1,735 25 Jan 8 % 64 15 V 4% class "B"———* Jan 23% 255 3% .25 Brands Jan 14% 12 * common & Cable Jan 8 47% __15 preferred Jan 125 16% 92 ... Jan 4% Jan 35% • Preferred— Jan 691 • 23% —..100 Corp.. 10 % Jan 7 3% ...* common...... Socony-Vacuum Oil capital— 15 • Jan 3% 650 ' ... Wall Jan 12 : i 8% 1,185 8 47 3% ' ♦ Corp of America Republic Steel Corp common Schumach Mont Canada Cement common 1,500 4% 35% ..50 ; Jan >.• Jan 10% - 3% * ... capital— Jan Loxo 15 •7 V2 15 5.00 Jan 3 ;• 20 291/? High 14% 2% 7% class A. Dredging— Jan 18% 26% — 10 common.... Jan 7 for Week 16% )' v 17 Jan 34% ___l common Pennsylvania RR Sales 23% 23% ^.y ' 17 Jan 18% 12% 33 124% 14 British Columbia Power Corp cl A_—_* Class B— * Bulolo 8% 115 • • Jan 16 Va 210 130 • 1 ... 25% Jan 120 108 24% P 15 % 200 __ cap.... Co Pullman Jan Exchange 90 common..——* Paper A—; Bell Telephone Co of Canada.. 2,050 18% Last 24% Power & 17 17 885 • Sugar Company Jan Jan 15C Jan 380- of Prices 9% • Jan 18 • Jan 3 ;230 y-o 3 h £ 4 122% — Corp.. 6% 17 5c Jan 90 28 Week's •r Jan 18 _.* ..... 30% 212 Range 3 6% 15 > common Co Jan < v>v". 9 Jan Jan 698 - Canada. American Jan 6 7o 15% 107 4,615 4% . - 33% Aviation 5%%. 43 Low ; 6% 32 —5 common Corp American Jan inclusive, compiled from official sales lists * ... Jan 27 ___* . Montgomery Ward & Co Mountain City Copper Jan 6 Copper M J & M & M Jan 8 ...100 ^ Steel Jan 11% 265 .... Kennecott Jan Jan 30% 26 1—1 .... Co— International Tel & Tel Jan 4 Jan Jan 260 —* ; Share & Jan Jan Jan 10 Vb 27 ,_r* Jan Jan ;r Y Corp Jan 27% 9% 15% Par 4 28% 200 10 Battery Company class B__ Mary Mines Corp... 36 10% Sale Price 100 3,394 11 % 2% Dominguez Oil Co___ Jan 65 43 ,;y,; y''-".;- yy■■; Last < STOCKS— 4- Jan 30% "265 ;_3 common.. Oil Curtiss-Wright Jan 9. 9% Friday, iA- v.S;■ Jan 8 4% 5 Canadian Funds to Jan. 29% 10 10% __ 100 Consolidated Edison Co of N ' 23 Jan 18% Friday Jan. 29la 16% , Top & Santa Fe Corp of Del Consolidated 26% 15 8% Montreal Stock ■ 295 16% • 18% 50 common. Jan 33% 151 •14% 65 1 17 common. Jan 150 92% * • _____ Jan 29% 6% —14 • Jan 825 4 3% 91% 151 1 common—— (111) ' 200 Corp 17 10 28% v 520 common..— - Jan 2.50 Oil 17% Jan 100 T. Hill & Sullivan 1.10 Jan 1,706 Co Service 14% • Jan 4% 27 & Bunker Jan 6'4 Jan y y 23% 12% Bros Jan 15% 20 U Tel & Tel Atchison 2.40 ' 6 4,200 12% Richfield 24 15% 2,255 100 & Anglo Nat. Corp class A Jan 18% Jan 4,281 . > 2.50 Roos Jan 1,065 17 29% . 1,055 1 Manufacturing Co._t.__— 200 17% Unlisted— Jan •:y; 6 5% - 1,225 •• Republic Petroleum Co common——1 5Va% preferred class A.. ;_50 Rheem Bank Western Pipe & Steel Co—. 27% _._._100 common Agricultural Co Fargo 35 % 9- Jan 1 Aviation 26 Jan ; 14 100 33 common..———* Rayonier Incorp 282 . 25% 15 24 6% Bendix Aviation Corp —5 Blair & Co Inc capital_.__.__.__. 1 is Jan - 10c 35% Co..—_P100 24 16% 16% 10% 1 46 Jan 5% 900 27 common—..—* —_ 1.60 300 ,400 •; 6% 4 24 %' 30% 10 Jan 14% Jan 5% 32% • Oil.—... common— —— 31% Jan 7% 25% common———100 Long 5 17 7% 7% 100 Puget Sound Aircraft American Jan ■'17% Jan 2,473 . 1.10 10c :* — 24% 400 5% y "7 P Consolidated Victor Equipment Co ' 2,160 14% ■■■;' y ...—.25 common common..... 6 6% 14% 9 —25 Preferred • »' : 2.40 ——.25 1st preferred Pub 5% "■5% common..25 preferred— Pacific Lignt Corp Pacific 570 -1.10 "B"_—————* & Electric Co 1st prelerred— 5% <fo 26 6% 10 Jan 25 Jan !:r t; 7 Jan 1——1 United Filters Pacific Gas Pac Cons Petroleum t Jan 7% 19% 4 • Jan 15% 18 1' Janv-.'; 46 14% Jan ' Jan 29 2T2O ■—____* l. 2601 ; . 18% ——5 17% 29% 25 5% Jan 50 6 ■Menasco Manufacturing Co common—1 National Auto Fibres common....; 1 of 10% ; Jan 6% y 26 1 Calculating Machine. 'v 46 % 15% 700 120 ....* • Co • 31%- .1 common 370 ...2 12% :• *'1 15%. Jan 18 46 7 Lockheed Aircraft Corp Magnavox Co Ltd— t— 19% • ...5 46% Jan 31% ——1 — 19 _* California 1.25 ,Jan 12 200 v 7 18 4 ...50 .... Collil—llil.l.—10 Salt Oil Jan Jan 19% ..10 common— Union Sugar common — United Air Lines Corp...— 10% • Jan 9 - 290 7 10 Langendorf United Bak class Al_. Ltd.. Oil 40 Jan 17% * 11 Co., Ass'd 75% ■ Jan 14 % .11—— preferred. Water Transamerlca Corp ■Elec Hale Bros Stores Inc. Valley Standard Oil Co of California Tide 14 9%, Jan 896 15% 75c v 445 12% Genl Spring 3% 15c _1 common High Jan Jan 17 Sperry Corporation 3% 15c 17 common Co 275 500 ♦ Co 3% 15c * Pulp Pacific American Viscose Corp.— Anaconda Copper Mining. Jan 2.50 ' Fireman's 3% LOW 15c 5 Southern Range for 1942 High 15c —.15 common Jan 5% Jan 2.50 400 7%:- 13% —* common 3% „PIO Jan 85 Jan 33 : -Electrical ——.1 Mining.. Oil Shares Low v Signal Oil & Gas Co cla'ss A Jan 4% 34 Shell Union for Week Jan 12 12% * -1- Jan Jan 1 —100 Doernbecher Mfg Co—— Jan 25% Jan Jan 22% —1*. —I Jan 6c 39% Giorgio Fruit Corp common—.10 Preferred 30 93c 22% Corp common.——5 Preferred Di t Jan Jan 2,400 39 common-. Jan 5,850 ■ 1.35. ' Creameries of Amer Inc 1.65 1.85 Jan __—* A—— class Jan 17% . ■: Jan 23 Jan 108 Jan 27% Jan 7% Jan 1.35 2,392 6c 1.25 16 Jan 6 Jan 1.50 85 10% 1 Jan —10 Company Ind 6c common—l Jan 102 265 Co Jan Jan 6% , 20 —-—2 Co Calaveras Cement Co common California 108 Jan Jan 5% 410 108 ——_—8U N A 2.00 80c 9% 200 7% High Jan Jan 70c 3,062 6 7% Mauricio par Soundview 1.85 20 6 V V2 ; Range Since January 1 550 10% 10 Inc— Imp Diesel Engine—_———5 San Low 1.90 80c 10% 10% . Ryan Aeronautical Co High 1.85 lists Sales Sales Range Last Sale Price sales Shares 70c 100 1 National Bank Anglo Calif Assoc Atlas Association Packers Low —-50c Accessories STOCKS— for Week Range of Prices Sale Price STOCKS— from official Week's Week's of Prices Friday '■ • Exchange Canadienne of (Banque Natlonale) of Commerce 128 132% 100 137 129 16 131 132% 44 151 100 100 —100 151 26 137 140 92 128 Jan 130 Jan 129 ' Jan 132% Jan 147 Jan 151 Jan 132 Jan 140 Jan j j fhe commercial & financial chronicle 466 CANADIAN MARKETS - Listed and Unlisted - Friday Montreal Curb Market Canadian lists Week's Friday Last Par Abitibi Power & Paper common— 6% preferred cumulative t7% Aluminium Ltd 6% Beauharnois Power British British Oil American Columbia Low Rangei Since January 1 Low High Exploration & Bear Bell Telephone of 20 Carqada—i—i--—1P0 15% Jan Bidgood Kirkland Gold;—-t ——1 Blue Ribbon Corp Common-—1' —L* Preferred ———50 Bobjo Mines Ltd -JU: I Bonetal Gold Mines-4-. +—r——1 18c" 9% Jan 9% Jan 17% Jan 19% Jan 18 Jan 19 Jan 9% 19% 18%- 19% 1,950 * 19 19 19 98 Jan & Ltd—,—— Co Dominion Canada Malting Co Can North Canadian Power Preferred Canadian Canadian preferred 65 36% Jan 39% 15 85 Jan 90 29 29% 8% 125 27% Jan 29% Jan 8% 80 8% Jan 8% Jan 155 160 61 148 Jan 160 Jan 161 162 8 161 Jan 164 Jan 1.20 1.30 1,400 160 1" 85c Jan —* 8% 40 4% 205 3% 34 430 25 % Jan 8% 98 12 200 Claude Neon General Advertising Ltd-* Commercial Alcohols Ltd common '_* 3c 3c 42 Ltd—— Products Preferred preferred 2% 2% Brown Oil 8% Jan 3c 225 8% 2% 3c 2nd Jan Consolidated Paper Canada 6% 135 6% Jan 6V2r Jail Canada. Bread 10% 105 10% Jan 10% Jan Canada Cement comm'on—— 3,871 f—• Ltd——A-—_* Corp Ltd— 3 3% 22% 22% 75c 530 75c ** 3 50 750 3% Corp Ltd—.. Cosmo Imperial Mills 3% Jan Jan 22% Jan 22% 85c Jan Canada ' -Class B. 24 4% 5% Preferred 10 10% 4% 16 16 16 50 3 2% 3 615 22 Paper Co Ltd—: .-* 7% preferred—100 Aircraft Limited- 5.00 22 50 Fanny Farmer Candy Shops Inc—1 Fleet Aircraft Ltd——-. 4% — ■■ *'■ 20% & Pwr Jari 2% 16% 3% Jan Jan 22 3% 4% Jan 21 19% Jan Jan 35 12% Jan 14 12% Jan 15 125 2% 50 4% 30c 30c 10% 5 3% Jan 30c Jan- 11 15% Ltd Aviation 6% 11 Jan 11% 15% Jan 15% Jan 440 14% Jan 15% Jan 5% 20 5% Jan 16% 17 4% 6% 102 3 Jan 4% Jan 6% Jan Jan 3%' 325 17 17 6 F 1.25 Brewery Limited—Walker-Gooderham & Worts Ltd H 98 3%; 2%. - . 3% Jan " 6 17 Jan 17 Jan 50 6 Jan 6 Jan 1.25 5 1.25 1.25 Jan Jan 48 47% 285 49% Jan 49% • Jan Mines— • Beaufor Gold Mines Ltd — . Ltd- Bouscadillac Gold Mines 4e 500 13 %c 15c 3.000 2%c 2%c 2%c 50c 6o 20 1.24 Cadillac —1 Mines .Ltd———- East Malartic Mines Eldorado. Gold 4c Jan Jan 15c Jan 600 2 Vic Jan 2%c Jan ' 50c 600 50c Jan.: 6c 1,000 6c 20 20 985 1.20 1.24 500 Ltd— — ■ 1.00 1.03 1.14 6,450 7% 300 3.95 1.14 92 92 »A 105% 21'% 26 106 23 Vs 26 81% : : 26 3.95 100 3,500 International Nickel $5 preferred—, .3.95 Jan 32 33 725 31% Jan 33 Jan 59 Jan 64 Jan 21 Jan 24 Jan 405 77 58 66 100 129 . Jan 1.18 Jan Jan 7% Jah 3.50 Jan 4.00 Jan Davies Jan Denison 90C 91c 2,121 78c 80c Jan 70c 92c 100 20 265 19 Jan 20 11 620 10% Jan 11 27% 27% — 30 4% . 16 .4%. / . 8%; Mining Corp 65c Ltd , Jan Jan 28% Jan 150 27% Jan ,30'4 Jan 175 15 3% 100 8% 3.545 1.03 56c 1.00 7%c 15c 65c 2.5Q 1.03 56c 1.10 8*Ac Jan 10 Jari 12 % 52c Jan Jan Jari 15 Jan 16 112 Jan 121 ' 25 Jan 5 , Jan 43c ; 17 Jan ' 4: 8-,',*" Jan 874 „ Jan Jan Jan 1,000 95c Jan 1.10 Jah 1,100 54c Jan 56c 2.700 600 15c 10%c Jan 65c Jan, 5,085 Jan 9c 7VBC Jan . Jan 140 1.00 Jan 4,250 , Jan 17Vac;, Jan 70c Jan 6 , 68c 2.50 94c 9% 6 ^ 6 17c , 17c 1,000 17c. 25c 2,000 20C Jan 3%.' 33 3 " Jan 3% Jan Jan 1.00 Jan 10% Jan 43% Jan Jan 83c 9% 6 24%c -".3 94c* /' 90c :■*, ■: a 94c . Jan 2.40 150 . 9% 420 Jan Jan Jan Jan Jan 18c 25c 80c 10% 211 9'A 1,039 4 37 % Jan 121 Jan ■ Jan 43 % 127 39 Jan 6 6 6 2,400 - Jan Jan 6 26 80 10 - 9 In Jan 41 % 121 4 43 % 2.65 94c Jan 75c 416,475 „ 128 23% Jan Jan Jan 200 65c Jan 80c Jan -ii-Li—12 lAc 112 %c 13%c 10,000 10c Jan 13 %c Jan ( 4c .4'Ac 3,100 27% 29 18%- 20% 960 26 Jan 29 Jan 1,095 19 Jan 20% Jan Jan 149'A Jan Imperial. MijilsT —-— * 1 : ' 23 23'A - 70c. - A——-4—,70c Petroleum Nickle Jah 22% Jan aj——-If Mines '- Jan Dome Jan 91c Jan Dominion Bank; Coal Jan 67c Jan 4c 4 Distillers Corp—Seagrams common-'—* • Jan 1.82 . 9Jan 100 92c Jan 7%- Jah ; 27% 25 3 100 Jan 7% Jan 15,600 — ' 29%: Jan 170 121 . 1 - 6% 4 1.70 Jan Jan 28 360 48% — 1.35 125 50c 16 ,48c ,15 119. -- . 4 800 8% 28% 30% 17 '4%: 8% 10 Jan 1.70 ; 7'A , Jan 100 Jan Jan 10% ■ 1.25 300 134 29 — ' Jan 80c Jan Jan 7% 29'/4 ' 4 4 Jan; 77 19% 1.65 Jan Jan .. 20 ' 130 > Consumers Gas (Toronto);-^— 92c 3c 134 1.70 2914 — Ryi————-.za Jan 1.75 9% 2%e Jan 3c 69 1- , 100 20% 79c . 2%C' 77 Goid—50c Jan 92o —. — Lake Gold Mines—.;. McKenzie Red 15 95 . 105 Dominion Malartic Goldfields. 64 21% 64 21% -r Smeltin#-———5 1.75 Madsen Red Lake Gold Mines-— Jan 8% 64 Ltd com.A——* Petrouem Jan 3,578 . 4—<-l*;: Mines--_*-L^-«—• 4 Aircraft Jan 81 Vz 130 Jan 130 Bakeries", Cub Jan Jan 9% 1^— Consolidated Cosmos 79% 124 Jan 26 9% lG'/a Consolidated ■ Jan 75 Jan 24% 125V8 • Jan 7% 4 94 >A 42 » Jan 85c 26 Jan 106 Jan Jan -'"/.v.. 10 Jan — 6c 1.20 105 4 21% 55 3 % 5% ' Jan 92 90 50 ' Jan Jan 9% —20 ——J Coniaurum ,915 Jan 1.41 128 —* 50c 20 ■"' Lamaque Gold Mines ,Ltd———r. Normetal Jan Jan Nat'l ■ Jan 10 Jan commort——————, Commonwealth 4 4% , Conduits . Jan 3 — Jan "" "Z3i Limited—: Mines 2%c Jan Jan 4 10 410 ; Commoil Limited 12c Mines Ltd—. Gold Jan 7% 1* Malartic Gold Mines Ltd, Canadian Dome —. 4c 15c L00 Bidgood Kirk Gold Mines Ltd-—— Central 11 %e 15c 11c Jan 7,000 14c 13c 50c Ltd—— Jan 10 5c 3'% 4% • Aldermac Copper Corp 15% Jan 4'A. 5c ;3% , -81%. „ 49% Jan 9% 5c Mining Co.: 1 Trethewey Mines—u————1 — Central Pat Gold Mines—^.1 1.10 Central Porcupine Mihes—4———1 Chemical Research Corp——^--—---1 15c Chesterville Larder La.ke Gold Mines—1 t 68c Chromium Mining & (Smelt——-4. Cochenour Wtllans Gold Mines -.-1 92p Cockshutt Plow Co—4——9% Collingwood Term confmon ——* 6 Preferred ———————-* •• 6 Jan 100 17 , '■ 2% 14'A 105 Jan . Castle 103%, Jan Jan Jan 5c .. .. Cariboo Gold. Quartz Jan 4%c 600 U; a Canadian Pacific. Jan 87 Jan 87 15 210 17 Jan Oil Jan 3%c Jan 30c — 4,-———25 Preferred 1,80 Jan —100 Dredge Canadian Jan 1.60 Jan 21c ; ———i- Canadian Malartic Jan 6 8c II,200 21'A * — Indus Alcohol Co Jan 29c , Walkerville . 3% 90 87 6% 102% 102%. __*■ 100 -16% 810 87 ——— ——- 80 17 87 pfd--100> Can 3%c 24c ■ —* A — 1 Canadian Locomotive 55c 33 Canadian Celanese cohimon'— Jan 250 15% 6*% United Securities Ltd— , 11% 15% Jan Jan Jan 25c 5c common———* Preferred Jan 11 4% Thrift Stores Ltd commbn„r;„,j. 6%% cumulative 1st preferred— , 4% 5% 1st pfd. 100 cum :» Jan 1,80 Canadian Car & Foundry common—*—• Jan 16 4% Jan 15% — cum Provincial Transport Co Southern Can Power 6% "■■■ 15% —— Power Corp of Can 50 of — Class B Jan 15% Jan 160 4% 11% Teleg & Tel Co Ltd com_. 10 Massey-Harris Co Ltd* 5% pfd— 100 Melchers Distilleries Limited pfd—. 10 Mitchell, Robert Co Ltd Maritime Noorduyn 16 4%' ; Jan 19% 46c 3 24 Jan common Can Class A Canadian MacLaren Power & Paper Co— Maple Leaf Milling Co Ltd common. Class A preferred————— Jan 24 7c 4% UOO ; Preferred Jan 10 35 Jan 19% Jan Jan Commerce———100 Bank Breweries Canadian Jan Jan 15c 300 10% 2"% Jan class —J1 Canadian Jan 2% Jan 23% 9% * — Canadian Jan 1,636 Cable Co —— Preferred: Jan 15 17% 145 v 1.15 — Bakeries colnmon Canadian Jan 5c Wire Class B Jan 14 4%. Canada Jan 22 Jan 55 common-———' ———L Preferred Jan Jan 14 4% Jan 14 10% Jan 3% Jan 14% 6,045 Mortgage—————106 Steamship Jan 23% 1.40 —* ——• • Jan Jan 1,042 2,406 .,1,525. , . 4 , —' Packers Permanent Canada Jan 5c 13% 2% —' Paper 10% Canada Can Jan. 20 5c International Utilities Corp class A Class B : —I 5% 9% Jan 485 15 ——— John 21 ■i Jan 3 325 14 Foreign Power Securities Corp LtdCompanies Ltd :— Voting Trust International Paint (Can) Ltd "A" St 4% 5c 5C : Fraser Lake . 4 ■ 20% Ford Motor of Canada Ltd A;— Jan 691 ™4 Dairies Ltd Fairchild Jan 26 150 3% 25 Jan 2,515 5% ,—-20 ———— Jan 24% 221 25% —*' Dominion Woollens common—, 24 25 26 24 Dominion Engineering Works Ltd—* Dominion Oilcloth & Lino Co Ltd-—* Jan 25 16% 10 1.41 3V2 — Jan 845 4 Cycle & MotoV preferred—100 Foundry class' A ^ : "■ Canada Jan 15c 9% 1.35 common ———1—„— Preferred Jan Jan 65c Jan 10Vic 7.40 Jan 1.65 , „ 9%o Jan 725 . Jan 4% 31* Jan 16,300 . -Jap 18c Jan 8c Jan 150 Jan 29% - 16,800 28,400 4,250 1,000 1,375 -- 1 4— Bird Mines Camp 6% 4% 55,100 * *4. 10% Jan 59 24 8c c|>mmon_i———*: preferred Jan 11c Jan 19c 8O0 Jan 500 55c 8c Mines—,1.79 Cajgary «Si Edmonton Dorp Ltd———* Calmont Oil Ltd—— r—1 Jan 2% Jan Coldwell Linen Mills Jan Jan 12 Jan Jan Jan 71c 350 53c 54c ——* Jan ■ 22 Va i-;,—24 ;-i—— — 24 Jan 14% 10c 119,700 25 16% .18%. .19% 2324 19% 12c Jan 145% ,232. ; 16 , Jan 13% 2,600 . Jan 8%c - 94,300 . 25 "45 16% Ltd-Wi——^1 250 Buffalo Canadian—-';—^. —* ' 3%c 3%c, Building Products Ltd——i.,;——-L* 14% 14%: 15 Burlington Steel Co common-;—9% ; 10 Jan 34 Jan 12 . 4% Oil4 Ankerite Gold Buffalo Jan 2 Dominion 5.00 Bakeries of Eastern 8.00 —; Ltd.* , Consolidated Donnacona 13V2C class A—- Broulan Porcupine Mines, . 12 Food • Jan 32 33 2 4 —100 A American Oi%— British 1.30 Jan Jan 2 2 5% pfd-,* Ltd cumulative Dub Aircraft . —. 4—. British Columbia Powbr Jan 29 * /British Jan 1.65 8% 5% 80c 148 12c. 18c '4% 4% 30 30% 9%c 9%c 13c 15c 7.90, 8.15 — BraziliaiVTraction Ligiht <te Pwr comX*:. - Jan Jan ^15 Catelli — lsti preferred;--—25. Brantford Cordage Jan 1.45 Ltd—* cumulative preferred-j. 7% 18% 300 Co Vickers Jan 85 ——100 Canadian Power & Paper Inv Canadian Jan 1.85 Investments Marconi 39% 3 18 / 85 * cumulative 1,287 1.65 Canadian Industries Ltd class B. 7% 18% 39% * common - General 18%- 18% Jan 3 _* — pfd Ltd 50 —_100 Ltd 7'/< 3 '* Sugar Co——*'■ Breweries 3 „*,' 240 235 6,000, „ Jan 5%c 4%c Jan 4 235 74c; 145%,; 80c ■ Bread Canada Ltd Mines, Jan 235 235 • 146. 15% 116 Jan 19c Beattie Gold Mines—4———————1 Jan Jan Jan 235 12 %C Jan 116 151 Jan 9c 6% 50 Jan 222 14% 1,00 116 150 15 14 5% Jan 9% 21 9C 65o Jan 116 151 235 ,14 , 430 Bralorpe Canada 151 9c ■ 15 — I,100 235 400 Jan 4%c 235 ; 95c 14% High 47Ac —iT \ 18%c Radium— Low' High — 6% 120 Packers Ltd— High of 80o „* Ltd Co Shares of Prices — 5% 80c 5'/a * —100 preferred. 100 cum preferred—100 Corp Ltd—, * -J —. Sales for Week Range of Prices Sale Price Range Since January 1 Shares Low Par ■ Montreal—4-————-—400 Bank of Nova Scotia 1—-100 Bank of Toronto—J— ——100 Base Metals Mining Corp Ltd-1 -* Bathurst Pow & Pap^r. class, A———* Bank ' SIOCKS— for Week Bankfleld Consol Mines--——1 20 both, inclusive, compiled from official sales to Jan. 23 Jan. Funds Sales Range Sale Price STOCKS— i Week's Last ■ v 28% . 20 '•>. ^.-^100 ;;. preferred--——25 • " -4 12'A ' 149149% 11% 12 Va •>;.' 4%c Jan 3%c Jan 10 142% 280 11% Jan 12% 20 8% Jan 8Va Jan ' Ltd---.———;1A 65c 65c 65c 2,610 Nickel———A——»aa > Pamour Porcupine Mines' Ltd— Pato Cons Gold Dredging Ltd——1.00 9%C 8%e 9%c 17,600 60c 60c 500 2.30 2.25 2.30 700 Gold Mines O'Brien Ontario Crow Gold Pickle Pioneer Gold Minec Jan Dominion Tar & Cherfi common——^* 1.26 100 42c 5,900 38c Jan 44c Jan Dom 36c Jan 38c Jan '■ 68c Jan 72c Jan 37c 70c Teck Hughes Gold Mines Ltd————1 Waite Amulet Mines Ltd —-—1 2.15 2.24 575 4.35 4.35 200 3%c 3 %c 4.35 3%c Ltd——1.00 1.38 Jan 1.26 Jan 1,600 4,700 Mines Dominion Steel class Dominion-.Stores -'4.—;*—- 41c 42C 37c Cadillac Jan Jan 1.84 Jan 1.90 Jan 3.60 Jan 2%c Jan 2,200 i ■, Preferred Jan 4.35 Jan Eastern Malartic 3%c Jan 54c 500 50c Jan 54c 38c 800 30c Jari 38c 1.07 1.07 2.95 97c 300 2.90 Foothills Oil & Gas Company, Ltd—a.* Home Oil Co Ltd——————-A—;a% 12 %c Jan 2,000 3,825 2.66 1.07 2.95 Jan Last ,v 'Sale Price . 6r/e p'ower L* 25c 8 82 8 85 8% 13%c 11 %e 2Vac 12c 3c Alberta Pacific 70c 200 5 Jan 6% Jan 6c Jan 7c 110 110 1,000 ~~300 18c 20c 5,000 13 %c 13 %c 14c 4,000 Alberta Pacific — Consolidated Grain 1 . common- * 85c 90c ... 110 Jan Aldermac Copper Algoma Steel Corp—. common- Preferred - Aluminium Ltd Amm Gold — 2,675 2 Jan 2,800 48% Jan 11c 14c 9c Jan Anglo Huronian Aunor Gold Bagamae 123 Mines . Ltd — Mines 8% Jan 15c 9% Jan Jan Harker Gold Mines.-^ Jan Jan 115% 125 lA 1,604 106 Jan 125% Jan l7Ac 7,000 1 Vic Jan 1%c Jan 8,535 47c Jan 55c Jan 3 Jan 3.60 Jan Homestead Jan 1.57 Jan Honey Dew Ltd ... Jan Howey Gold 51c 51c 54c 3.25 3.60 4,245 1.40 1.52 7,650 9'Ac 9%C 12c 3,600 1.35 8%C Jan 15c ~ footnotes see page 468. 21,173 1 Mines ■ - ; Jan Jan , 1,050 4% 3.00 3%c 55 1,535 15,000 10,000 625, 10,100 Jah 3 , Jan jan Jan 13c Jan 5 Jan 3%c Jan 63ic Jan 2.80 Jan , 5% Jan 49 %c. 20 8,815 2.84 19c Jan Jan . 2.50 Jan ■ Jah -Jan 26 Vit 5 1%C Jan 5% 3% 57c Jan 3%c Jan 5%c Jan 500 1 16 Jan 2,900 2.80 23 V* 18c 19 Vac van 67,000 47/« 3 52c 23 3% ll.%c Jan 300 3%c .53 26 Va 10 3,100 — .74 3%c Jan 895 . Jan- Jan 3% 3,100 3c '23 4c Jan 15 73 3c 6V4c Jan •3c. 2c'. Jan "Jan: 51% 106 Jan 13c, 62 55 195 • 3c 5%c 15c 3%c Jan 403 14c 14% 9.45 2.90 1 7,000, ,13c S'A^Jan 3%rjan Jan 10%c Jan 33,400 3c » 12 %c 22,500 3,000 >. 8 Jan 8 13c 14% 9.15 9.25: Vat' Jan,'. 85 Jan 3e 3c ^_* Jan Jan 77 5% - Jan 27 170 26% ■ 21 500 . Jan Jan Jan 8 130 . 4% 20 .19% a'v'.'av 13c ^ * Jan 3.10 923 '5 55c A^.1 ' Oil & Gas I For Jan "2.75 —1 Jan 3% Jan 13c 26M* 5% 3% HoDinger Consolidated Gold Mines——5 Home Oil —• —4 3c ;6c 1 .*—* —* Highwood^Sarcee Oilsf Hinde &; Dauch Paper 82 * — 5V4 ^-Al Bridgei Harding Carpet ——j•Hard Rock Gold Mipes^_— 5 82 ; Hamilton 100 1%C 26% - Jan 1.20 Jan . •-* Jan Jan Jan 3-55 — ——1 Jap 82c 22 3%C Jan 71 74 ^.4- ••-52%v52%.' 3% 3% 15% 15% 15% 3%c 3'Ac 3%c ^——50 Hallnor Mines ——A— Jan 82 1.52 ■ « Ltd— . 4»A 107 Jan 8% 3.60 £ Mines MineSiJ_* Lime & Alapastine—1 Swayze Mines 82 l7/eC Anglo Canadian —_^ Gunnar-Goid Gypsum 8% —100 - Preferred. Jan Jan 1.30 Jan 221a — — Halerow 107 29,100 t 1,15 21%, Jan- 4c 3%c 4c . Halliwell Gold Mines——;-l 4% 82 3c -1 1 Jan 75 — —— ; Jan 3% ; 110 4 11 %c common—* 14c 14c * Mining.}— Rubber 4 —^14 20c 3% • f. Jan 9c 105% —100 - —1 » Eagle Mines Gate . Ltd^---—>—v———14'A0 13%C Jan - Preferred 3c Jan 6%c 2%c Jan Preferred' --—--J-;—-—*.—^-50• V Jan 200 7c Agnew-Surpass Shoe proferred-——100 Ajax Oil & Gas- Jan 1.00 5% 7c 8% Steel. Jan 7c 390 15c Wares.}—-A—* Lake-Porcupiijei————_1 Jan 11% Jan 20 130 3c Power Jan Jan 7,200 8% 3c , 5% 4%e Jan 3,150 . 26c — 21 Lakes Paper rv tc common—* preferred —* Great West Saddlery; feommonj——L* High 7c * ; r . 20% ■ * 91 Jan 4c 29,860 3.50 26c . Great 5% 85c . -100 ; Oil— & 3'Ac ——, Minef——-p;_* Goodyear Tire ic Range Since January 1 20c & Paper common— preferred Gas -A,. comipon———8 preferred—J~-— —100 84 Gold Sales ' Acme ' 22 * 4% 21 —J— God's Lake Mines Low Jan 6,000 "v 3'Ac Gillies High 7'A Jan 8% 40 2%c General for Week Shares Jan 2%' Jan 14,500 32,800 4', *3% Golden Week's Jan 7 V4 935 22% Francoeur Gold from official sales lists ®f Prices Low Par Abitibi 1 10% 90% 25 6'Ac 1.25 ;3.45 ',22 Goldale Mines Range Friday '.STOCKS—-; 23% Jan 5,500 22 1.15 la ——1 Ford Co of Canada class ,A—-_A* Funds ■ Jan 8% 5% Jan 6% Jan 235 6c 1.02 Fleet Aircraft Toronto Stock Exchange 29 both inclusive, compiled 1.23 . 1.14 5% Jan. 23 to Jan. Mindfi-"—_1 Mines!. Gold Gatineau Canadian 5%c 1.17 6'Ac —j—■ Federal Kirkland——*——---——.-! Jan Jan / - Fanny Farmer Candy;Shops—-—-—1 12 %c Jan Jan A.20 Falconbridge NickeLMines—..4^—3.50 Jan 12 %c 12 %c —,*'■ . 23 20% 910 Jan 4,355 2,185 10'A 7 -7 Jan Jan 23 40 6% 7V* | 7 7% ? .4 ■' --.i9191 5% a ? 4 '11%.9% 11 %. Investment Trust-———25 Economic Jan 35C t:-• • 2.24 52c J——w——~ CoJ-—•——1 Duquesne Mining 4. East-Crest Oil : Oils-— DavieS Petroleums -Ltd—i. J ——- 9% 10 Woollens & Worsteds Ltd com—* Eldorado Anglo-Canadian Oil Co Ltd-——-—* Dalhousie Oil Co Ltd——— ——-* |B——I——-—25 Preferred-'-A————100 8Va* .1 , 1.04 1.74 Jan 200 70c Wood Jah * 2.30 1.83 91c 2,900 —1 Mines Jan 4.03" Ltd——1 Consolidated Sullivan Ltd Mines Sladen-Malartic . 62c Jan 1.26 of B C——1 Ltd—A-1 Siscoe Gold Mines 2.20 1.75 1.83 Ltd———-1 Mines 58c Jan 1.00 Mines/Ltd--——1,00 Gold Perron ,11 %C 8%e Jan 3'^ 4 -'2nd ,preferred41—4-A. •'' A23 v. ;■ 23 Dominion Foundries &>Steel com—* \21%2122 Dominion: Fabrics common--——*. . Jan 3% Jan 58c Jan 2%o Jan 3vbc Jan 10c- Jan 14c 14 Jan 14% Jan 8.50 Jan 9.60 Jan 2.65 Jan 3.00 Jan Jan 3%c Jan 3e 22, - Jan 17'Ac Jan Jan 23% Jan 20c Jan Volume Number 4147 157- THE COMMERCIAL & FINANCIAL CHRONICLE Friday Week's Last STOCKSPar Hudson Bay Hunts Ltd Huron class A —* Mt'ge.——————100 Imperial Bank of Canada -100, Imperial Oil w* 60 Class A *—1—. preferred Wicaei International Petroleum Jack Waite Jason Mining- 13 4,032 11% Jan 12 A 300 11% Jan Secord 27c Jan 35c Jan 10 Jan 11 Jan 155 90 Jan 92 Jan Wood-Cadillac Mines Ltd Jan Wright-Hargreaves 92 20 90 Jan 92 ,39 36 39 6,212 33 Jan 39 17% 18 A 3,870 17 Jan 18 6c 7c 16 Ac 1614c 92 5.65 21,875 59C 55c 59c 4,100 55c Jan 62c 58c 64 Ac 12,900 48c Jan 69c 385 10 Jan 12 22 Jan 22 „ — Ltd — 22 3.95 31,700 10 10 A 325 l%c 1,000 79c 79'c 76c 90C A 1 % 3.65 3c Jan Red 3.95 9% Jan 10 A Jan 2c Jan 88c Jan 79c Jan STOCKS— • Canada Canada Jan 1.00 Jan Bud Vinegars Canadian Consolidated Paper Corp Consolidated Sand 2.90 2.70 2.90 Dalhousie 1.65 1.60 1.66 6,900 Co :-T Construction 77c 88 Ac 48,648 4% 4% 11 10 A — Jan.' 2.92 Jan 1.70 Jan Jan Jan Disher 88Ac Jan 39,915 1.68 Jan 4% 1,700 4% Jan 11 2,830 10% Jan 6'A 6 614 15% 15 A 580 6A 7 97 A '99 1.95 Jan 4% Jan 11 "Zioo 8c 1,000 48 A 365 8c iZZIS Mines.. 48'/2 1 — 94c —.1 _ Mines—.. 47% 89c 5 Mines.—— 11 Ac _1 Jan 99 Jan Jan & Power Jan 49 83c 8,200 Jan 95c Jan 2c Jan 7c Jan 4 Jan 1.22 Jail 5 125 1.70 37,108 Pipe 12 Ac class 5% 1,500 22c Jan 24Ac Jan 37c Jail 27 46 A 325 44 Jail 48 A Trust Company—— 150 26 75 25 A Jan 13 A 12% 13 A 35 12% Jan Nordon 6 Jan North Star Oil Preferred O'Brien Corp .2,213 414 c 4%c 3 Ac 3Ac 3%c 89c 87c Ltd * common 6% Okalta Oils. Omega Gold Mines 4 65c 50c Page 13 A ,. Jan Pamour Porcupine Pandora Caddie Mines Photo Gold Pickle-Crow Gold Pioneer Powell Power Gold Mines Mines of Pressed Metals of Preston East Mines Oil Anthony Gold San Antonio Gold Sand River Gold Scythes & Co 2%c .1 13 Jan Basic Jan Series B-l Series B-2_. 2.95 Series B-3 38c Jan . 4%c Jan 25 Jan 88A 57c Jin 63c 4c Jan , 2c Jan Fund 65c 23c 12A Jan 1.69 Jan < 5,550 1.25 500 55c 65 6 3,900 1.05 13 Fund 58c 4 f. 1.72 " 40c 1,229 30c 8Ac 2,000 6 23 3Ac 136 A 23. Jan 1.44 65c Jan: Jan ,65c Jan 15A — Ac 1514 Consol 1 End 2.00 2.14 : 2 Ac 2%c .2,000 25 27 Ac 6c A 8 Jan Jan Jail 40c 9 Ac Jan ,29c 18 Radio % 10 ; 15 7 Jan 15A Jan Preferred Steep Straw 2c Jan 1.75 Jan 1.86 2c • : 6c Jan 2.14 Jan 1,600 Sudbury Sud 45c com...* -i 13,209 6.25 286 ^.75 Jan 10 J 10 200 ISA Jan Jan , 1.40 , ...—* 45c 44,400 4%c ,500 12 25 .4 1.25 1.45 7% 7% 4% Mines—... ^ * . 1 class Fidelity Jan Uchi Gold Mines Union Co of Gas pfd First Mutual 6.25 Jan Fixed Trust Shares A Jan Foundation 10 _ Fuel United Invest Oils United Steel — class — . — Jan Fundamental Inc——3 17.41 95 Jan Fundamental Trust Shares A—a 4.09 44c Jan Jan 2!)c. Jan 3%c Jan 10 8% 45c ■ Jan B — Oils Preferred Agricultural Jan 4A 100 4% Jan For footnotes see page if Jan 18 A Jan Aviation 59% Jan 62A Jan 70 5 7d Jan 70 4.62 l'5-l Jan shares 1.78 Electrical EquipmentFood shares— 7.47 Jan 12c Jan General 6.02 bond Fund, Spencer Trask State St 6.62 Super Corp 1.60 Jan Investing 4c Jan Merchandise shares- Jan Mining shares—. 4.82 5.31 1.38 1.47 2,700 Jari Petroleum 5.23 5.76 2.72 3.01 Railroad 10% 10 A 400 2.12 2.20 5,135 75c 75c 10 75c 60c 60c 60c 300 6Qc 70 90 4%c 6'-<.c 5,100 6A 6% 10% 560 1 5c 33 _.* 8c __ 34 8c 440 1,000 Jan 10 A lj.85 Jan 50 70 Jan 6 32A Utility 2.90 3.20 4A 580 17,200 4.40 4.40 4.55 475 11 AC 15c 29,900 4.50 8,677 148 49 485 3-30 Jan 47 Jan 19 19 A 175 19 4.25 shares — AHuron Holding Corp. Income Foundation .1 Jan Fund 10c 18c 1.31 1.42 5 15.75 16.94 * 1.97 11.71 Jan Institutional Jan 4.60 Jan Aviation Jan 4,50 Jan 19% 6.23 12.80 13.62 66.55 71.49 2,12 Fund — C D A Series 1 1.82 4.67 1 _ __ 1.89 1 — 5.39 — ■ — Shares— A. ASeries B 1 1 — Oil __ _ .. — __ Trusteed Amer Bank Shs—• Class _25c 36C Industry Shares- _25C 67c B — Jan Jan United Bond series B C Fund 75c 21.33 — ___ _ Bank B 12% A. 1.34 — Group shares Group shares Co of 6.53 1 14.24 __ — 15.68 Ltd— — Insurance Group shares Investment 18.13 5.79 _ U S El Lt & Pwr Shares Wellington Fund Securities 23.31 16.58 A_ 12.84 Jan Jan • 8.56 — 2.23 Incorporated Investors Independence Trust Shares 4% . 5.61 of Amer AA— —I Stand Series Inc 10c — 1.24 15c 1 — • Series Series ' Jan 49 3.62 Investment Corp.. A Series Trusteed Jan , A Trustee 3.45 Jan Jan 8Ac Jan 9Ac Jan 3.95 95c ; 7.85 1 Jan Jan 34% 5"Ac Jan 4% 1.24 • 3.96 6% Jan 4*4 . 4.40 3.59 Common 1.18 4.35 3.99 8 Ac Jan 4% 13 Ac 3.12 — Tobacco shares- t 1.24 • RR Equipment shares. Steel shares Jan 70 4%c Jan shares Jan 14'/2C 82.47 .2 A Shares Trustee Stand Invest Shs— 4.76 shares Jan 72C Jan Jan 3.49 4.52 Jan 51 Jan - 12c 4.10 — Jan 2.20 90c Jan 5.75 3.11 Inc 8.21 . 75c 75c 4.85 1 Scudder, Stevens & Clark 4.39 3.98 shares- Jan 2.25 Shares—10c Sovereign Investors l3.sc 1.55 Inc 42c 12.75 6.30 Jan ' J- 37c 5.72 Jan ^ 1.87 11.92 Selected Income Jan Jan 10c (MM ——1 Fund Chemical Jail 2.25 1 ' . 80.83 (Geo) Selected Amer Shares lc 1'.40 —1 6.04 ■10c T-*-' 1.83 2.30 ——_ 5.49 1,000 Jan • ZZZi 4.74 shares 5.64 38% — Building shares Jan ctfs__ 5.94 shares 6.83 1,000 1;46 Trust 1953 6.21 lc 5.1,895, Trust 4.30 shares 4.09 5.12 5.39 Quarterly 5.73 6.79 9.44 3.70 —— — Republic Invest Fund— 5.20 7.65 6.17 8.58 Mm.****"'' — 8.91 6.95 — Plymouth Fund Inc 29.52 4.28 1.68 70 10.40 Amer Putnam Jan common..* 468. 4.90 27.45 Corp_ shares Automobile 60 95 * 7.33 9.46 stock 19.08 . 6.10 8.10 6.66 Series 1958 Group Securities— 18 A 25 * Capital Jan 500 5.54 Series 1956.^. 3.77 3c » — General General Investors Trust —1 4%c Jan 7% 51 1 • n 1 ... Walte-Amulet Mines, Ltd Walkers^Gooderham Worts Invest ; 8.22 ... Series 1955 '*3.80 65c . Vennilata 3.25 10.38 7.47 ——_ 5.26 9.44 — Series 8.18 Shares A...1 Trust 10 Jan • . 5.31 8.44 4.77 — —— —— Amer Bond North 1.70 4.76 5,900 ...50 Upper Canada Mines Ltd Ventures, Ltd. ; 3,500 — A., 8 16.45 1.54 Fund, Inc. Fund... Jan 8 ■ United Trust 1^10 Jan 13c . Canada Industrial 15.28 • Inc.— Financial Jan 1.05 Jan 51 . Fund Jan 85c 1.45 13c 7.67 equipment- Railroad Steel Jan ...50 1 Railroad equipment... 26 A No 12A 1 A 11.05 4c . 11.60 Fund Oils ——— 26.00 26 71c 1 _ preferred. Exploration Finance 10.40 86% 10A * 10.76 Insurance 18.61 3c 5 6.33 Metals 17.51 lc 1.47 5.72 stock Electrical 1.17 1.50 _1 .... Canadian Oil Corp Toburn Gold Mines.—. Trade 1.06 24.18 Jan 450 stock series— Machinery Fund— 62 A 1.60. 4.15 5.72 Chemical 68 Ac 1 1 (G)-,Ltd common Teck-Hughes Gold Mines Elevator Stock 6.67 3.74 ...» Bank 5.45 70c - - 6.05 Building supply 4.85 25c 5.91 5.18 — 18.12 3.15 2.50 1.22 5.47 .... Automobile 16.76 1.51 — .1 Tamblyn Towagmac 4.10 .-I 3.07 1.11 1 Agriculture Jan i Toronto 100 • 25o New York Stocks Inc— 1.50 * .... Mines... Sylvanite Gold Mines, Ltd Texas 27 111 —1 j 7.87 bond series. New England 10 shares. 10 Ac 10 Ac — —1 -10 series Preferred Equitable Invest Corp (Mass) .8 Equity Corp $3 conv pfd .1 ; 70 /.■ 1.60 Gold— 9.91 Inc series...; Income 118 100 Fund—..1 18 70 ' 9.35 9.07 Fund 7.15 Securities— Low priced 27% Howard— & 250 , 8.70 voting shares Bond 2.37 Shares 860 4% Fund- —1 National Investors Corp National Security Series— 2.37 1 62 — — —.25 Mines Cons 100 .7,600 19.30 series B shares (Md) 25% 39c- 89 90 43c 12 18 A* common.; Basin Mines— Contact 8% 34c .. 7A. River Gold... Sullivan Jan Jan 30c Jan 81c 87 — Beach 1.97 10 ....... Balanced 2%c Jan "25 Jan 94c 4%c Company..—. Iron Lake Eaton Jan A 2.00 Jan Jan 500 41c 43c __1 Materials —1 Rock Sturgeon 1.97 —.1 preferred Dividend : 4.25 17.95 .... t' 52,200 . Invest Nation-Wide Forster Insurance— D Jan 18% 8% 100 ——i . Canada mod... B 3.55 1 2d 2.08 1 c 6.25 .6.25 4,—: of 31 A .1 preferred— & -10c Investors Aviation Jan 76c 81c • Petroleum.——.— Preferred SteehCo 29 A .10c .... Trust Mutual y-e Jan 80c —50c Mines——1 Stedman: Brothers Trust—..—1 Cumulative Trust Shares— Jan 24 400 33.70 4.15 Forster common ACommon 142 , 33.03 .... Investors Mass 142 3.82 mod—_.l ACC & % Crum Jan 33,120 25c 18 % Chemical Standard 137 1 AA Series ACrum Jan 25 common——. & Common Mass 2,375- —1 AA Series Jail Jan 10 Sayles Sec Fund- Maryland Fund Inc ' preferred———— Paving 100 2 Accumulative series 21A 9,305 1 Mines———' Standard 9.98 Diversified Trustee Shares— 2.00 ——.—* Standard 3.45 27.05 9.22 com—.100 2,275 Delaware Fund —25 Sladen-Malartic Mines— South 2.85 25.16 ;—1 Jan 2.02 * Ltd 1 _• Securities Investment Series Jan ' Gold Ltd Jan 6C V; 50 ..1 Fund Inv Fund———— 23 2.14 A Silverwoods Preferred Loomis 6.13 81.50 13.61 (Colo) Jan 6V4 — 5.56 79.87 Fund— 23.93 y 4%c 100 3.48 Knickerbocker 12.42 Jan 134 9.26 3.13 22.12 Jan • 12.51 8.41 „1 Corporate Trust Shares.. Jan 1.95 Jan 11.37 S-4. Jan Jan y.'.—TJa Jan . 9.15 S-3 Inc.—_5 22 83 17.03 S-2— Loomls Sayles Mut Fund—. 3Ac 215 V 26.28 15.48 Series 15.02 210 142 23% 30.77 23.95 13.97 500 .7 29.06 ... .......... —.5 Ltd— Preferred Jan 1.86 Jan . 814c 3Ac __ 1 Simpson Inc Commonwealth Invest—; 2Ac Jan Jan ■ Ask Manhattan Bond Fund Inc- Jan 3%c Jan ■ Jan ■ Jan 58c 7 25A 10 1.34 Bid Series Investing— preferred Boston 53c Nat A6% . 4 18c" 3 Ac Sigma Mines < Quebec)..- Siscoe Par Keystone Custodian Funds— 2.70 A Common— 72c 90c , 1.85 22% — —10 Mines——. Dairies Ask 7.11 3.18 Jan 3,550 . 29 Industry Shares™..—10 1.10 ' Jan 40c '. Jan Series Bankers Jail 773 , Jan 7c 5 Vb 10,150 23 Mining Gold Jan 4Vn 2,000 59c 136 A Mines Ltd Gold 5%c ;_5 Jan 4 2,275 6% '• Rouyn, Ltd— — 1 Shawinigan Water & Power—...—* Creek 1,500 3A 21,840 1.01 58c .; >■— Senator Sheep Jan 6c Ac 1.35 2% 2,000 1.95 ..100 preferred—. Sherritt-Gordon Jan 19c. Jan Jan 62c .5,615 4c 5% * ; — Mines St Lawrence Corp class 2%c Jan 1.05 1 •5c Jan • 1.00 ; St Jan 13c 4,320 15.19 ' 1.86 L , 0 common... 2%c 8,600 13.98 6,500 6% i—.......—0 —. 1,000 15c 1.32 12.66 17,150 1.91 —1 Royal Bank of Canada— Industries 2%c 1.24 1.31 K-2 Jan 62c 1.27 65c Queenston Gold Mines..—.. Royalite 2%c 12 Ac 1 Series 50 6 —I Jan Jan 9 11.53 Jan 18c 20Ac 58c 24A 10.72 3%c 60c 1.34 Jan 1 91c 214c —„.l Jan 24 Axe-Houghton Fund Inc Christiana C——.—.2 9 20 Jan 44A 3%c Jan 92A 1.70 20 24 A 8.33 75c 92 A 1.85 Jan 8 A 24 A 13.88 Jan Quemont Mining Riverside Silk Mills...— Russell 1.10 B-4 93 * —1 Lac Gold Mines— Jan K-l A7% Roche Long 78c Series Chemical America.——1 Dome 4.500 Scries 3 Ac Jan 3 Ac Mining———,;— 1.10 19 VB Century Shares Trust Rouyn Gold Mines..., Gold 1.00 5% Jan 1"' Corp of Canada Premier Jan Jan 1.00 12.53 Jan — B 1.00 26% 5% 6 Ac • Jan Jan Jan 11.50 1,500 13 40c 1.00 26 % 2.69 Investing_10c 33,900 Engravers Jan 40 300 —_2 400 : 53c 99c 29c 1.00 26% Shares Foreign Stand, Oil 6Ac 20c 1,910 Jan Assoc 25c 25 Ac 99c 38c 80 American 5Ac l- Jan Jan Bullock >.1 78 Jan Broad Street Invest Co —1 50 46 Jan Mines— 78 Jan 36C Jan Malartic Gold.—— Paymaster Cons Mines Ltd. Jan 128 Jan Partanen Perron 3 A Jan 13 Ac 61c Jan Jan 11 %c ...._•* 3 2.46 Corp 8 Ac. Jan Ltd. 1,400 17% Holding *8%c Jan Ltd—i—, Jan 3% Jan 1.00 6.54 Business Shares—_L_1 12,834 92A 1.40 ^10 AAmerex 91,900 * Jan _1% 9%C ; 1.00 26% Bid 1 Affiliated Fund Inc 8%c ;* 927 36c 5 Aeronautical Securities. 6 %c Tubes Horsey 1.40 Jan ;:650 • 10 %c 13 Ac ...l' 8 Investing Companies 13c ....— Jan 26% — 9 Ac Oils Ltd.. Pacific Petroleums 6% 6A 78 * — .1 . High Jan 25 .3 —* — Par Canadian •Pacalta 1.25 Low 6 Quotations for Friday Jan. .Jan 1,000 72c 51c 71/4 ——„___1 ———1 Mines Ontario Nickel Corp.——— Range Since January I High 40 ■: 68,902 4 72c .■.* —; ——... 1.10 -'{■"4 .—I Shares OVER-THE-COUNTER MARKETS Jan 26 1,000 91c-.-. 1.05 —————5 Gold 38,' 16 43% I —• Mining for Week 8 A —— Mines— Temiskaming Mining Sales Range 125 2,415 ,v 128 40% 1 Mines Normeral 46 127 ...» Oil Norgold i'.V 43 A' ...100 Week's 100 Jan A 6% Noranda Mines Funds of Prices — American Nat'l Jan —* Jan 44 Jan 6c 100 —- Jan 24 % 614 .W Jan 9 Ac Jan 7% * Jail 28c 203 25 A ___* 3.50 Jan 6c Jan 22,500 26 — Jan 9c 10 Jan 27 614 A 2.80 1,500 .* Jan 1.70 ■ 35c —20 National Steel Car 7,975 6c 7 common Mines Jan lie 1,000 * Preferred Lake Oreille Jan 5 Ac 22c 24 Ac common— 3.05 9 Ac 6c Jan l%c 500 31c 34c Jan Jan 26% Ll —* Jan A' Jan 8c 47 4614 Porcupine Mines——.. Light Heat Jan 14,500 5 . 7 2c 1114c 1114 c 1.67 Pend 94c V2c 1.44 ;L.' Canada— Osisko Jail 5 Ac 1 Ac 2c 1 — Jan Jan Oil & Gas Selections 6% 15% 5Ac Jan 3 Ac 3% Langley's Limited preferred Jan 92 A 23 Jan 2 A 345 — Humberstone Shoe Jan Jan 6 •Jan 6 — preferred--^ Bridge Foothills 5A 237 ■„ 2 20 2 Ac 40 6 Oil Steel Dominion 14A ^' ',80 7 ... ' 2,202 15% —20 Jan 126 6,700 2.90 1 Jan 1,95 2A Low Marconi Jan 1.75 Jan inclusive, compiled from official sales lists * 19 A 1.55 Jan 3 Ac Par — 21A 2.30 Jan 3 97% 22 A * Jan 70c 3c Jan 9 Ac 6c Sale Price -;Z'' ' Jan 7,125 both ; ■ A 88'/a C 29 Breweries 18% _ 3.05 • <• Last Jan lc 9,150 Jan Jan 2% 3c Friday Jan 60 Ac 94 2 Ac • 2 A • Jan 7c 20 . Mines Gold Sewer 320 Jan Jan Jan 170 Natl Grocers common.-—... Nat'l 1,000 2% * to Jan. 295 common— Lake Gold Corp 85 2 Ac 2% Canadian 23 Jan. 19% Oils. Ltd—. Moore 97% 2 Ac — Toronto Stock Exchange-Garb Section Jan 21% —— Model Knitting 21 ——...— Graham Montreal 97 A 97 A 1 « . ' Jan 5.65 5c 43,000 90c 88c Exploration—. Mercury Mills Mining Corp of Moneta Jan Mng Mills common.— 19 y4 L————— McWatters 12% Mines 19 % —U_ — Mclntyre Porcupine Mines— McLellan Jan —.1 21 common.. ... McDougall-Segur McVittie 12 — — common. McColl Frontenac Oil McKenzie 375 A High 16Ac Jan .. Oil Massey-narris Preferred — — — Preferred Jan 12 Low 9Ac Jan Ac J&n 4.75 - 1,125 7c 1.95 Preferred 1,000 l%e Fields. Milling Jan 2 3,85 — MacLeod-Cockshutt Gold Mines— Red Lake Gold Mines Gold 13c 5%c j Ltd— 1,000 3.95 —_ — Mines, Jan 22 „ B 5,500 6c 7c Ltd class 11% 12 ,, Candy Shops— Mines. Leaf 48 Jan 25 Jan Gold Jan 12 Jan 40 Jan 58c Mines Madsen Maple Ymiv-Yankee 5.10 22c 190 High 21 ———^ York 5.60 Jan 45% Preferred Jan 3c 19c 44 A 45% a Class B Jan A 600 —100 Wiltsey-Coghlan Mines. Winnipeg Electric class A.^—— 310 A 19c common 2,000 2 Ac Groceterias Malartic Ltd 92 .. 19c preferred. ...100 10% 91 18'/2 Long Lac Gold Mines Ltd Maeassa Jan 2 Ac Lebel Oro Mines— Class Jan 12A ,• (Geo) Preferred Flour 33c 92 ———_ Loblaw 13 . Canada 10 A ■ Lake of Woods Milling common Lamaque Gold Mines Lapa Cadillac Gold Mines. Little Jan Jan 16 Ac Mines, Gold 60 158 1 — Kirkland Lake Gold Mining— Dufault Mines Ltd—— Leitch Jan Jan 6%c — Lake Laura 60 157 Range for 1942 Low 1 — 28c _* —_——— Mines Shore 15 29 1 Kerr-Addison Gold Lake Westons 60 —_;i.—————1 Mines Jellicoe Western 1214 common———_* — Jan 12 >/4 —.-100 International 10 158 Shares 12% Wendigo Gold Mines 60 for Week Par Jan Jan 8 Sales Range Sale Price High 28A 13 100 .. 35 STOCKS— Jan 158 . - — 27% 12 A Imperial Tobacco of Canada ordinary,.5 Inspiration Min & Dev .Ll International Metal common A l-. Preferred 980 10 8 Erie & Range Since January 1 Low 28 A 28 Week's of Prices Last Shares , High Low 28 '/a Friday for Week of Prices - Mining & Smelting—. Sales Range Sale Price 467 America—10 75c 83c Investment Banking Corporations 1.05 1.15 18.71 20.34 ABlair 9.94 10.16 AFirst & Co Boston 1 -— Corp —- . 13 3 75c 53c 10 a 14% A THE COMMERCIAL & FINANCIAL CHRONICLE 468 Monday,-February ' 1,; 1943 OVER-THE-COUNTER MARKETS Quotations for Friday Jan. 22 Insurance Companies ' ' Bid Ask 10 139% 144 % .10 51% 53% Par Aetna Casual Si Surety Aetna ; 10 Life Aetna Agricultural of Maryland 19% 14% 15 % Merch & Mfrs American Re-Insurance 10 47% 50 ,10 12% 13% Surety National .25 53% 55% Baltimore American 2% X7% 8% Bankers St Shippers 25 76% 79 % New Fire 5.42 207/a 60% 8% 20 5.62 . 15% 30% 32% 36 38 Newark of Firemen's Franklin 97% 101% Indemnity Co 10 40% 42% Phoenix Preferred Accident 74 77 .10 Providence-Washington 10% 8 44 46 17% 18% St Paul Fire & Marine 41% 43 % 9% 28% 29% 26% 27% Glens Falls Fire____.—* 8 Republic American Great 10 . Hartford 5 ... Hanover Fire - -10 _____ ? 34% 4% 5% Insur Co of North America,.-10 U S 25 29% , National City 31 100 ,180. ——12% Public National 188 33% 51 81% __2.50 53 85% Bank of New York 40% —100 65 % 69 % 20 79% 82% ; ; County Kings Chemical Bank St Trust,—10 Continental Bank & Trust—10 1971 Lawyers _< . (R Hi Penn 100 )4 99% 2%s 1952— 3%s, 1972 Macy Electric 107 % 108 104 105 % Int. Rate Maturity— Jun 15, 15, 15, 1943 — — Mar 15, 15. 1944 1944 15, Mar 15, {Mar tMar 15, 1946, {Dec 1946 — 100.22 100.16 100.18 99.26 99.28 100.20 100.22 _X— 1945 15, 1%% 99.21 100.10 10, 1943— b0.37 1943 1, 1943 b0.37 0.28% 1943... bO.37 *No b0.72 0.69% v bO.75 0.72% s b0.78 0.76% bonds are :— 1944— bO.37 •. due . X and Issue— 1947 1966 including those called The date indicates the for redemption, called value. par Date ' & ref. 1st Co. Power fund bonds,': .. % Company and Issue— xyX3XX gold deben- 1928 dated tures, preferred Appleton Co., 7% Arkansas Power & Light Co. 5% bonds, due 1966;— Ltd., 4% Feb due 1 1968 - — — — Electric Co.— & . collateral trust 6% 1st lien 1 s..s. Jersey Worsted ' * ; r 'v.;;,' ;j % dated May 1, 1930-Apr 1 bonds,, ser. B, dated May 1, 1930—Apr 1 1st mtge. s. f. gold bonds, ser. A, X -1945 Co. stock^—i— preferred ■ ■*.' * v ;,Xx 7 i"' 1 1 : v - . ; .. Pennsylvania'Gas & Electric • 'series '* 1 : S%% A 'Pennsylvania . * bonds, due Mar.-1, 1946—Feb r 1 1 preferred stock-,^s.s.i^,X—Apr,. : "{2034 s. lien & ref.-imtge. i 1st Co. ^ -|X State College. 3%>% 1950-1952 serial X due notes, (irregular),—i_ 1 ^ Central Hollywood bonds —— Central Indiana due Bldg. income Co. mtge. X : - " — Gas Co., leasehold " , ■ /X.XX ref. & impr. mtge. 5% Philadelphia. Electric Power Co. {2034 1 :XCXX": bonds, bonds, {2096 Ry., 1st ref. mtge. bonds,-—'.—____-Feb 26 Rapid dated Dec. Transit ' 128 ■ bonds ■ Co. Co. collateral 5% trust l.__X, I 1908, 15, / ———Feb; X, Philadelphia Rapid Transit - • Pacific 1972 Philadelphia {2216 1957 —Mar.. 1 Central due - lst< mtge. 5%%. bonds, 5-6% 50-yr. —Feb Feb . ; ; . , 1 7% American 45 ; Extra ; . preferred Gas 1966 due Cinema & Electric Co. 1st 3%% mtge. Reliance Steel Corp. $1.50 preference bonds, —; — Building Corp. Feb 1st mtge. 6s, due 1945— 1 Feb ; 1 Ritchie Cut-Stone Co., Ltd., 8 " St. 129 stock— _„,,^_-Mar 1 170 • American Class B Extra on 1 1st mtge. 6%s, due 1948—Mar 1 Cleveland of 1926 5% Tractor Co. Utilities debentures, due conv. Corp., 1st mtge. 1945—Mar 15 bonds, Service Public Co. 1st 4% mtge. 15 1964 • 343 Salmon bonds Connecticut series River due A, Cumberland Co., Power 1961— 1st mtge. Mar — 3%% 1 217 Feb 4% bonds, due 1960 Apr Fairbanks, Morse & Co. 20-yr. 4%; debentures, due 1956_Feb Imperial dated Laundry 1936 International due 1955 Kansas Investors Co., 5% Co. X—— Paper .—_____ Co. Inc., $6 pfd. stock, income debentures — ref. 6% bds., City Gas Co, 1st mtge. 5s, due 1946—,,—: Lebanon Gas & Fuel Co. 1st mtge. 5s, y due 1944 27 —X—X— dated * ; 1 Mar debentures due 1967_Feb 10 ,___Feb 1 {2141 1st mtge. 6s, due 1944 Avenue RR., Temple Baptist Co. 20-yr, 6% 1 debentures, due 1 " 174 Apr 1 {1872 bonds, mtge. 1955— {2132 Western 1-166 6% Massachusetts bonds; series A, 1955 - X — Theatres, Inc., due — X 1st & i Feb 1 352 Feb 1 352 Feb 1 352 ref. mtge. Mar 1959 —Feb {2040 " West Penn Traction Co., 1st mtge. 5s, due I960—i Feb 4 352 Westvaco Chlorine Products Corp. $4.50 cumul. pfd. ; stk.^Feb 1 176 " 1st and ref; I^xingfton Rf. '• ; • h - mtge." 5% bonds, due 1944—_—xLAug 1st mtge,' 5s, due. 1949__ .. X- • : ____________Feb x;; • 1. • •) r f" " {2040" 1 t ,{2225. ' r.-n ■ .'•Announcement in this . "■ ■ \t •*' issue; {In volume 156. ■ *•• 7% (irreg.) • preferred Bankers 6% or ; •" 3-15 2-19 3- 1 2-13 3- 2-13 . 1 2-15 3-10 2-10 $1)4 4- (quar.). 25c 2-1 1-26 $1 2-17 2- 8 20c 3-3 2- 4 2-10 2-3 Y.) (N. (quar.) (quar.) 2-15 3- 1 3. Spinning Associates— $1% Steel (Del-.), Tobacco, preferred (quar.) share of 75c 1-20 2-1 1-20 in 2- 4 4- 1 30c 3- 3 $l)/a 3-31 2- 8 '2-26 • 2-25 > "2-25"' cash common;stock.-3-1 , 1-20": 1 3- $1% • : pfd. 2-20 1 $1% common.;...., $3 conv. 1 $1%' X..—X-XXx- Brothers Corp., ! common. (quar.) 2-20 3- 2- 12!Ac (quar.)____X 3-1 $1)4 12%c ... Stores, common . l/32nd 11-1 $1% Extra Blue-Ridge 1 (accumX pfd. 7% preferred (quar.) ,5% preferred (quar.) Bloch 2- 3-1 (quar.) preferred 8-2 x-—J Corp. Belding Heminway Co, Bethlehem 2-11 1 2-9 50c Commercial Shoe 3- 3-1 Bankers & Shippers Insurance (N. Y.) Berland 3- 1 2- 8 3- If. 2-18 3-12 X 2-11? 5c (accum.) Fine 2-18; 15c $5 : it f 5-1 $1.05 (quar.) Bangor & Aroostook RR., $5 2-10 1 3- 5 3- 3 3-15 3- 1 4- 7 {4c1 • ? (s-ai„ 7% 1 -r— 7%' preferred '(quar.)X-X * 1 X bonds, (qifar.) Works, • 15c „ (irregular)., common pfd. Common mortgage 5%% bonds, due 1947, Co. 3- 2- 5;? 2- 5 2-15 ? 2-10H 2-10 X 62%c 62 %c ... (quar.) preference preferred Berkshire mortgage 5%s, due 1953 mortgage 5s, due prior Mines, Ltd. 2-231 i" 62'/2c (quar.) Baldwin Locomotive 350 —Feb 1st ; 1st 1st prior preference Refining ? 2-26 10c common $2.50 6% Feb Church ; Corp., 35c 50c $1V2 $1% (quar.) Baltimore Radio Show, Inc., common 1st . (quar.) preferred $1 ,f: — (quar.) —X„— Atlantic 261 50-yr. bonds, dated 1887 of preferred 2-19; j ; 2-19 [ f •; ,1-21?' :l-31h X ^ $1)4 25c __ 2nd Aunor Gold 1st *> "1 Feb 173 75c 25c . common $2.50 173 Washington Gas & Electric Co.— 164 1 26 : . . $2.50 prior preference - 75c • —X - t 3- lxf 2-15. i*. 2-15 • 3-15 ? 3- 1 3- 1 20c - X class 3-18• j 3-13*i 3-31 10c . (interim) XX— preferred (quar.) : (increased) Dry Goods common (year-end) Atlantic Rayon {1694 —Feb 26 mtge. bonds Corp.—Third 1941 Walworth X ■„ Mar due 1956— 5. f. Trustees A. ' ser. —X—________ Lehigh Valley Coal Co.' 5% 1st and ref. mtge. {2130 *•" —xX—Feb — mtge. Feb bonds Transit Avenue mtge. 5% {2037 15 Co., Ltd., Third {2305 1 Mar Standard Lime {2128 1; Easton, Palmer & Bethlehem Street Ry. 1st 5s, due 1947-Feb 13 General American ref. 1st 7% 3-, 1 2-1 2-10 40c prior preferred (accum.)—' Cork * 3-1 15c convertible 6% 171 1st mtge. -Feb 1st Pacific RR. Southern Union Gas Co., 25-yr. 6% Gas,CO' of New Mexico 1st 6%s, due 1944—, 1 •; common and Equipment Corp. Associated 46 1 4 bonds, due 1952—Feb 1st mtge. 5% River Power Co. Southern County Power & Light Co.— 1st mortgage Feb bonds bonds, — 4s, 1979_Feb Southern Pacific Co., San Francisco Terminal, * 15 Heat & Power Co. 1st mtge. Ry., Light, 1947 Safe Harbor Water Power Corp. 1st mtge. 4%s, due 1 due Joseph due _———X——————.Feb Community St. 217 series X(quar.) Zinc Lead & Smelting— Armstrong 4% Co., common convertible $5 171 1 Joseph's Abbey ref. mtge. 4% serial bonds, dated 1937-Feb * v —. (quar.) .* v, $1% Mill™— Tobacco "i? 5 " 3-31 ;;3-'l > X. —— —X ;wXX— v—- Rolling . X- ,X_ (quar.) — Re-Insuranoe American Aro Commonwealth (quar.) , 2-18%— L;: ; , 3-15 .3- l;x; 2-ll ;t :, 25c. (quar.————; r .X— . 2-15 $1 % 60c 20c f • — Pulley Co. 3-3 - '.'f -■ 2- 8, 3- I f • X- Radiator & Standard Sanitary— American Cincinnati —— 2-15 3-25 ' 25c : 3c " X'-- American 170 gold f. s. ,X *_,X—i—— . Co.— -. ■' —i—X->-'XX—X Goods Paper - 25c . ' common—__XX—~X. (quar.) Common—- /'•" 1st lien collateral trust 5%% bonds, due Dec. 1, 1946__Feb ■ American - v (St. Louis)'—• Leather— & preferred American ; .• Feb — - • 25c 25c , . American "6 %. XX , —, 1.—.——sX. a Hide . 1 \. - . Co._ Furniture, Inc., (quar.)-—~ American Metal Co.,; < ; f. gold bonds, dated Sept. 1, 1925—Mar , 6%> convertible preferred^ .(quar.)X-XX>X^ 75c Home Products (monthly) ,—20c Vs ' ' V *7 Cement Quarterly American 20 X;.,;V Corp. of Calif., .5% pref. stock——Feb Paramount Pictures Inc-,--1st • (quar.V_c——.— Arch-Co. Amerlcan X" 45 1- In the v':Per f When Holder$ X X j * thare Payable of Rec.. Co. Alphat Portland • . 1 v Name of Company ; Allied; Kid American —Mar 22 -— — X' X%X - LV.'i 44; 44 . The dividends announced this week are:. *% . {Thes# grouped in two separate tables. are American Automobile Insurance debentures, due 1946—Feb.- Co. 4% ■ market, .. show the dividends we declared: {2042 1* Feb- f bonds, due 1st mtge. 5%% vXXu.Xx.;, Oklahoma Gas & Electric r' ! '* • • 1 Mar . 1943— 0.32% which have not yet been paid. * Ltd.— Northwestern Barb Wire Co. *2303 1 i__Feb Burlington Mills Corp." $2.75 cumul. conv. pfd. stock v debentures————Mar -Ist'mtge. Pacific Finance bonds „ 0.32 % previously announced, but Further details and rec¬ ord of past dividend payments in many cases are given under the company name in our "General Corporation and Investment News Department" in the week when which - 1 , {2187 i Brooklyn Borough Gas Co. 1st mtge. 4% bonds due 1965_Feb Central Gas Mar Page 1 bonds due 1951X_.Mar 1st & ref. mtge. 4%% Electric Co. Birmingham 0.32 % b0,37 bring together all the dividends announced the week. Then we follow with a second table in we current 256 11 . Avery (B. F.) & Sons Co. 5% notes, due June 1, 1947—Apr h first ' 6% New ;■ Atlantic Sugar Refineries, 1 Feb — 6% , 1 X 0.32 % b0.37 dividends > Corp.— 3%% X - v>:- Date ••. • • Corp. 5% 0.32% bO.37 b0.37 April 28, Dividends ;New York Fire Protection Da., 1st. mtge. ,4s„ dated 1905—Feb. - 8 X-X'^XX North American Co. 3%% debentures; due 1949<_—1.—Feb 1 : — —I— FebJlT 'tl856 stock—_—X———Feb vl vVL2l4 'jNortb American Co. 3%% debentures', due 1954——Feb' X British & Continental American, bO.37 31, for year. range 1 due bonds, sinking fund debentures— 10-year, convertible X given in the "Chronicle." were 1943,. Page . X . . .——Feb — mtge. 3%% : - National Light & Power Co., ing tenders, and the page number gives the location in which the details 0.32 'r b Yield price, d Deferred delivery, r Canadian x-Ex-dividend. y Ex-rights, tin default. AQuotations not furnished by sponsor or issuer. sales, lot «. Odd subject to all Federal taxes. ';.!v —— 7-year 3 % % last date for mak¬ or 0.37% b0.37 0.30% bO.37 1943—;, v under sinking fund provisions. redemption bO.37 1943,,. March 0.30% Cash sale—not included in Mar-Main Arms & Addition 1st mtge, sinking list of corporate bonds, notes, stocks 1943.. 24, April 7, 1943—April 14, 1943—. April 21, 1943— 0.28% 1943. 10, 4%s Feb 1, National Distillers Products common 17, March 0.28% 17, 24, Ask Bid March Feb March {%S Aug Montana and 4 1,110 1,070 fur discount at purchase 0.28% b0.37 1943— Metropolitan Edison Co. 1st mtge. 4%s, ser, D, due 1968_Mar preferred —100 Ask 3, 4%s Dec 1, 1943——— 4%S Nov 1, 1943—: ■ Company a States 0.57% Redemption Calls and Sinking Fund Below will be found United are Feb. 0.38% b0.60 quoted Feb. March 3, b0.42 100.12 100.10 1 40.65s May 1, 1943.— 101 100.29 3% 165 Treasury bills— Ask 99.17 99.23 100.12 Bid 99.15 Indebtedness— of Certificates 100.24 81% 78% ,12 Title Guarantee & Trust 256% Bid Feb. 100.22 1945 150 25 — 107 100.23 1945,— 15, 15, 53% 203 '..■» 192 100 & Co,— New York,. 15% 251% Rates %% % Vk% — 100.14 %% 1944 15, Sep tDec. 100.9 %% 1 % %% 1944 Jun ' 100.2 100.8 100.13 40 51% United States Treasury Bills Int. Rate V 100.1 1943— Dec Maturity— 1%% 1943— Sep Ask (J P) Morgan 100 ; represent one or more 32ds of a point 1 % 1 %% 1 % 1943,— {Mar 15, {Sept. Bid X 45 ? 100 Guaranty Quotations For U. S. Treasury Notes Figures after decimal point , 38 —20 105% 106% - 12% 13% 1,160 1,210 23 % 26% 20 common— Preferred 53% . 39% 50% 50 Fulton 103 3%S 1972 Southern Natural Gas Pipe Line 3 % s, 1956 Wisconsin Pwr & Lgt 3Vis, 1971 90 % 90 38% Exchange Bank & Trust_20 Empire Public Service of Indiana 105% 104% 14% Corn Ask Bid Ask 43 10 100 25 — Ask Bid Par 302 42'/a .10 : Brooklyn Quotations For Recent Bond Issues Cent 111 Pub Serv 3%s. 29% Companies Irving Manufacturers Empire Gas & Fuel 3%s, 1962— 3o",.:; 28% - —17% Vy 28% : Ask " 292 —100 Bankers 35% 33% Bid Par ^ 10 Westchester Fire New York Trust 432 31% 4' Fire 60 57% 422 Central Hanover Bid 1,355; j 1,325 126 '/a 122% 10 X-100 U S Guarantee 72% . 100 37% ._ —? —13.55 First National of N Y*. %ak Bid Par Ask 19 V 47% Fidelity & Guaranty Co„2 U S 15% 70% 45% 35% Springfield Fire & Marine 46% 14% 10 —10 New Haven Security National Chase Commercial National—,jl 278 268 62% Bank 24 % 22% 10 XPar X Bid of Manhattan Co—r10 — 17% ,v: vX.:. 25% 24% 10 . Standard Accident,. 31 Ve 28% ..10 Fire Homestead 32 Ve 2 Fire. (Paul) Revere Travelers • 43% 8 Home " 96% 93% Inspect -10 Hartford Steamboiler 10 X (NY) Corp (Texas) Republic & 16 Seaboard Surety 8% Reinsurance New York Bank Stocks 89% 14% _ _ 11% 29% 86% 5 28 10 Hartford Telephone, 2-0121 - 93 89 25 61)4 ...5 XX Telephones, HAnover 2-1035 to 2-1044 • x<,^ New York, N. Y. 'f X 5 Fire Pacific 41% Marine Globe 14% 26% 4% .12.50 Northern 59% General Reinsurance Corp St 13'/a 24% Dealers Assn. York Security Neu) 30 Broad Street 5 8 Fire 44% 5 39% Fire Gibraltar 42% Members __2.50 10 1 Fd of S Fran new -10 Fireman's 10 & co. 32% Fire .,10 Fire Assn of Phila 24% 30% t. c. corwin 173% X22% Fire River Pacific Federal 168% 2 Casualty Northeastern 17% —5 York North 10 Connecticut General Life Continental Casualty New 22% ■ 10 Fire Union Amsterdam Hartford and New Haven Private Telephone to 7% 58 V* x7% 2 New Hampshire 10 New York... of City 100 .,-5 ... Camden 46% 6% 10 New Brunswick Insurance Stocks Bank Stocks 68% 4 Y_ National Liberty American N National Fire Reserve Boston Specialist Since 1903 4% • 43 5 Fire American 4 65% -12% Merchant Fire Assur 18 2% Newark... 8% 1 Casualty Massachusetts Bonding 24 Ve , —5 Equitable American Ask 36% Knickerbocker 69% 66% 22% American 20 32% 30% ,25 ; Alliance American Bid Par • . X3414 7% ' * ' • • Jersey Insurance of N Y_. 2-i3- Volume 157 ; THE COMMERCIAL & FINANCIAL CHRONICLE Number 4147 > ■' J- Per (E. W.) Bliss When thare Name of Company Payable $1 62(4c 75c 68%c 30c Company, common (s-a).__.„_ 5% convertible 67* convertible Bonwit Boston Bruck _—,—__— (interim) Woven Brooklyn (s-a) preferred .(s-,a)_. 5(4% conv. pfd. (quar.)_7_. Teller, Borden Co. preferred Hose . Rubber & Co. Bunker Hill & Sullivan Mining trating (quar.) Burkart (F.) Mfg. (irregular) Capital Corp., class A Machine (irregular) Byers Byron Jackson Co. ,7 Canada Dry -— f._ Canada Vinegars, Canadian 8% (irregular) Ginger Ale (J. I.) Castle (A. 6% M.) & preferred All (quar.) (quar.), Tractor Power two ,7 pfd. are Corp. I cleared now Chicago 2-15 Yellow 7% Co. Edison of Lobster Y. com, Life Ins, 2-26 3- 1 2-15 Stouffer Corp, class B Struthers Wells Corp, 3- 1 2-15 Storkline (quar.) J30c $$1% 2-15 25c _ 2- 5- 5 8-16 8- 6 25c 11-15 11- 5 $134 3-15 3- 5 l(;'o preferred (quar.$1%. 6-15 6- 5 Taylor & Fenn Co. 77* preferred (quar.) 3 2- 8 6 1-21 1-23 1-20 2 2-16 2- 1 2- Life 1-26 2-15 1- (Ind.) 1- 3- 4- 1 3-12 Lock 1-29 2-15 1-25 2-10 1-25 Maine 5 2- 3- 5 5 1 2-19 2- 77* 2- 1 1-25 3- 1 2-15 (3- 1 2- 5 1-30 1-16 25c 3- 1 1-26 5- 4-24 8- 7-26 11- 10-25 2-11 Quarterly Mutual Life (J. Del.) (quar.) (Reduced United Biscuit Co. of 1- 1 1-15 United Chemicals, Inc., 2- 5 2- 1 United Distillers $1.75 2- Engineering & Foundry Co, common, preferred (quar,) 5% (quar.) common preferred (quar.) Corrugated Paper Box 7% Cosmos Imperial Mills Extra 50c 3- 9 I.,.,,.,...... $1.75 3- 9 $2.75 3- 1-25 1-21 United Gas Corp, $7 preferred (accum.) United Gas Improvement Co, common,..,., 50c 2- 1 1-20 75c 2- 1 1-25 25c 2- 1 1-25 2- 1 1-25 United 1-29 1-22 United States Fire Insurance 15c 1-29 1-22 . 2-15 1 1-23 1-30 1-21 ? pfd. 1-25 U. S. Plywood Corp, 1-26 United States 2-15 4- 3- 3- 2-10 7% Credit & Investment (Allotment Crown Cork Curtis & Seal Upressit Metal Cap Corp. 3- 1 2-17 $4 6- 5-10 U. 3- 3-15 2-28 Monumental Life Insurance 1-30 Morris Plan Industrial Society 3-15 2-27 Quarterly $1.10 1-26 1-23 Quarterly 1 Ltd. Common (quar.) Common preferred (quar.) — preferred (quar.) 2-15 2- 5 75c —j——— Electric & ,i—7 1 Detroit Gasket & Mfg., 6- 2-15 1-28 3-1 2-15 30c 4-15 3-12 $1% National Dairy Products Corp. (quar.)20c National Gypsum Co., $4.50 pfd. (quar.)____ $1(4 National Lead Co.; 7% preferred A (quar.)— $l3/4 2-27 2- 7% 5-15 8-16 4- 4- 1 National Protective Cos. 7- 7- 1 National Union Fire Insurance 10- 1 10- 12-23 1 pfd. 3- 50c 2-15 2- 5-15 5- 5 5% preferred (quar.) 50c 8-16 8- 2- 1 1-25 3- 1 1 8-12 — Diamond Ice & Coal, 7% preferred (quar.),, $1% Diamond Match Co., common (quar.) V 37(4c 6% participating preferred (s-a), 75c Dodge Mfg. Corp. (quar.)____„—25c Dominion Foundries & Steel, 6% pfd. (quar.) $$1(4 Duquesne Brewing Co. of Pittsburgh (quar.) 15c Durham Hosiery, class A—,,, 10c 2-15 2- 3- 1 2 1-22 2- 1 1-22 10c 2- 1 2- 1 1-22 4- 1 3-15 . (quar.)v Test Corp.;-,,.,,—, Employers Reinsurance Corp. (quar.), Extra 7>_7' : Evergharp, Inc., 5% preferred (quar.),,,,, Fairbanks Morse '& Co. (quar,) Falstaff Field Works & Rubber, 67* pfd. (quar.),. Fitz Simons & Connell Dredge & Dock (quar.) Extra j. 7% Fort preferred A (quar.) preferred Worth Stock Mercantile Gar Wood 3 1 7% Gossard (H. 2-27 3-31 } 2-13 W.) - 1-30 2-16 25c 2- 1-26 32-15 7-2- 5 ^ t$l3/4 2-20 2-8 2-20 2- 8 3-15 3- 1 $25c 50c s 3- 1-22 1-20 1 5 2-11 2-25v 2- 5 . _ . 6 1 2-18 3- 1 2-11 25c 2- 1 1-21 2-15 2- 50c . 2-15 1-24 25c 2-25 2-15 $9 2-21 2-15 3- 2- 10c ' , (accum.)— preferred 2- $iya . Pineapple Co., Ltd., Holeproof Hosiery, 6%% pfd. (accum.)__. Horn & Hardart (N. Y.), 57* pfd. (quar.) Hussmann-Ligonier, 5'/2 % preferred (quar.) Huston (Tom) Peanut, common (quar.). convertible 3- 34%c Hawaiian $3 2-18 „ ______ . 2-18 2-18 $10 Western -Brewery—. ' $5 $50 :• ( $1(4 5 ■ 1 9 Power pfd. Extra Amer. Steel Inland Machines Co. $1(4 preferred 2- 5 Republic Natural Gas 3- 1 2- 8 Revere 3- 1 1-30 Rolland Paper 3- 1 1-30 Co, (quar.),,, (s-a) (quar.) 6 2- 2 6 2- 2 Russell-Miller 3- 1 2- 8 3- 3 2-11 Milling Co. (quar.) Sagamore Mfg. Co. (irreg.) St. Louis Car Co, 7% preferred (quar.) 3-10 2-19 Savage Arms Corp. 2-18 8* 75c Co.; $6 partic. pfd. A Kerr-Addison Gold Mines (quar.) (interim) $iy2 $5c 1-19 Priced Bond Fund B-3 57o 25c 2- 1 Soundview 2-10 1-25 1 2-20 7 2- 1 2- 9 2- 1 3- 1 2-16 3- 1 2-15 2- 1 3-11 2-18 3- 2-20 1 37(4c 3- 2-20 25c 4- 3-10 — (quar.) ...— 30c $1(4 50c 50c Refining, com. (year-end). Bottle, common A (quar.) American Viscose Corp., common 5% preferred (quarji.3—7_: .—^.77,—" $1(4 75c $2.25 Amoskeag Co, common (s-a)————7— $4.50 preferred (s-a)— — Anchor Post Fence Co, com. (initial) — 2-15 1 1-20 Associated Insurance $1.00 1 1-25 $1(4 2- 2 1-26 $134 2- 1 1-27 2- 1-21 13%c 2- 1-21 4-26 4-16 60c 2- 1 1-26 2- 1 2-15 2- 2-27 1-26 5 3- 1 2-15 2- 5 (quar.), .77 $5 preferred (quar.)— —— Anglo-Canadian Telephone, 5(4% pfd. (quar.) Appalachian Electric Pwr, 4(4% pfd. (quar.) 6% preferred (s-a) Rayon 3- 1 2-15 4- 1 2-27 Atlantic J20c 4- 2-27 1-30 $1% 2-10 1-30 5c 3-25 2-27 3- 5(4 7* 75c 3- 1 2-15 Baltimore 4- 1 3-15 Extra Co.'(quar.), 40c 2-15 2- 5 5* 1-20 1-18 1-18 6-19 6-19 1-20 1-20 1-20 1-15 1-12 1-20 1-20 1-26 2- 1 1-18 1-22 2- 1 2- 1 2-15 1-15 "?c 10c —10c 2-15 (quar.)— Bangor American : Insurance — Hydro-Electric 7 (quar.) . $1 30c 31c $1(4 t$l% preference (quar.) (monthly)— Power, $6 1st pfd. (quar.)$1(4 Water 1- 2 1 1 1 6 7- 6 1-30 1-30 1-30 2-1 2- 1 2- 1 2- 1 2- 2 2-10 1 1 1 1 2- 1 —...— Avondale Mills (irregular). 5 1-22 1 2222- 62(4c (quar.). pfd. A (quar.)— Plywood Corp, common preferred (quar.) Atlas Powder Co, 5% conv. pfd. Ault & Wiborg Proprietary— 2-15 50c $1(4 222227- 2-11 $1.25 2-15 (quar.) 4-14 2- 2-20 2-15 Refining Co, 4% 5 common 1-16* 1-15 1-15 2- 1 3- 2 2- 1 Inc.— $2.50 prior preference 2-25 Pulp Co, 2-11' 2-11 1-18 3- 1 2- 1 1-15 1-29 >, 12-31 - - 2-20 1-12 Corp.— Atlas 1 2-10 (quar.) Corp. Macaroni. Atlantic J20c (quar.), 2-8 2-11 31 (4c $1(4 $2(4 $4(4 $1(4 City Electric, 6% pfd. (quar.) Atlantic . (s-a) 11-25'. 1-30 1-30 — $1.25 (s-a) common 8-25 Associated Telephone Co, 75c $1(4 preference 5-25' 15c 10° — Atchison 1-30 (quar.),, 2-25. , $1 Fund —1— Extra 2-15 25c 67* preferred (quar.)_ South Bend Lathe Works Stamford 3-10 1 1-20 — — 2- 1-21 1-21* 3- 1-20 — 2- 3-10 2- 1-15 1-22 , 20c 4- 1-16 1-18 . 15c $1(4 $1(4 $68%c $1(4 Appleton Co, common (irregular)——60c 77* convertible preferred (final)—.— $l3/4 Arrow Distillers, Inc. (Mich.) — 5c Asbestos Mfg, $1.40 conv. pfd. (accum.)—. 70c, $1(4 12(4c 12(4c (quar.) 7% preferred 2-15 1-28 (interim) common AAA (quar.) Dairies, Ltd, common South Carolina (irregular) & Trading 40c cumulative partic. 3- 9 2-15 7 3- 2-10 30c preferred Silverwood Sonotone 2- 1-21 , 8 2 2-26 1 2- 3- Keystone Custodian Fund— 2- 3-1 2-10 — 6d 3-12 1 2-J5 2 Atlantic Sioux City Gas & Electric, 1 1-25 2- , 2-25 1-18 2- 1 2-27 7 1-20( 2-17 — 2-11 1-18 25c 2- 2-10 : 1-22, ; .- 1 $8 $iy4 2-10 1-25 5 1-30 Kayser (Julius) & Co Kearney & Trecker 1 1 3- 2- (s-a) 6-19 32- / 3- 1-30 — -6-30 $3(4 $3(4 37 (4c 25c 2-10 (Mo.) 6-19 25c 5c (Me.) American Thermos 6-30 25c (irregular) 75c City Stockyards 57> preferred (quar.) Sugar 1-21 5-24 Servel, Inc. (quar.) Jersey Insurance Co. City Life Insurance American 2- 5-31 Selby Shoe Co Shell Transport Kansas Stove 2-22 $1.50 (quar.) — Sherwin-Williams Co, 1 American 1-26 2-27 Ltd.— • preferred (quar.) Topeka & Santa Fe, common—— 5% non-cumulative preferred (s-a)—— Atlanta & Charlotte Air Line Ry. (s-a) Scotten, Dillon Co. 2- • 3-15 1 2- 1 2-26 1-29 40c ? 4- ; $1(4.17 ; (A. 1-20 5 .;;$i '! 40c (quar.).wi: 1-22 2-15 1 7. 2- 8 15c (s-a) 3- 1 $1.25 ,, Co, $5 preferred . 3-15 2-16" 5 20c Co, 3- 1-25 Low 2- common 2-12 Kendall 2-15 Fire Insurance 1-29 Kansas 3-1 Power of Ree. 2-1 3-1 25c f40c J$l34 — Holdert Payable S.) Co.',7quar.')e-7._^_,:^7.7^50c 2-' 1 Aluminium, Ltd, common (quar.) .o—ii...t$2 3- 5 6% pfd. (quar.) (payable in U. S. funds) $1(4 3- 1 Amalgamated Sugar, 5% preferred (quar.). 12(4c 2- 1 Amerada Petroleum Corp. (quar.).—..... 50c ,1-30 American Barge Line ....—15c 2-1 American Book Co. (irregular) 25c 2- 1 American Can Co. (quar.) 75c 2-15 American Chicle Co. (quar.)—.— $1 3-15 American Discount (Ga.), $2 pfd. (s-a)— $1 2- 1 American Equitable Assurance (N. Y.) (s-a). 50c 2- 1 American Envelope Co, 7% pfd. A (quar.)— $134 3- 1 7% preferred A (quar.)— \ $l3/4 6- 1 7% preferred A (quar.).———.— $134 9- 1 *: 7% preferred A (quar.)—— $l3/4 12-1 American Export Lines, 5 % preferred (quar.) $1(4 2-15 American General Corp, $2 pfd. (quar.)— 50c 3- 1 $2.50 preferred (quar.). 62(4c 3- 1 $3 preferred (quar.)——— 75c 3- 1 American Home Products (monthly)— 20c 2- 1 American Light & Traction, com. (quar.)— ; 30c 2- I 6% preferred (quar.)—7.—.——7.1 37(4c 2- 1 American Nat'l Bank & Trust Co. (Chicago)—; • -7^.77 Semi-annually ——; ——$2 - 4-15 American Smelting & Refining,: 50c 3- 3 American Stores Co.— 25c 4- 1 2. 5 10c (Paul) 2-26 (quar.) '•3-' Corp. 2-18 67* preferred (quar.) Rose's. Inc., 5, 10 and 25c Stores 2-15 2-19 $5 __ Extra 3- 2-19 1 $1(4 (accum.) (quar.) 2-15 1 When Share 2-23 Remington Rand, Inc., common (interim) $4.50 preferred (quar.) ; Republic Drill & Tool, common (quar.) convertible Name of Company Adams-Millis 2- —_ 30c Brothers Per 5 2-20 preferred 40c Kable 1-25 3- —. Jefferson Standard Life Insurance (s-a) of N. Y. (s-a) 5 .3. Co, class A (quar,)T_,_—, 62y2c 75c (irregular) announced preceding table. 2-5 Corp. 10c Philadelphia Co,- 5% preferred (s-a) ^ - . 25c Philadelphia Insulated Wire Co. (irregular),, 50c Pillsbury Flour Mills (quar.)—,— -25c Pitney-Bowes Postage Meter (quar.)—,,—,,' 10c Pittsburgh Steel, 5(4% prior pfd. (accum.),, $4.12(4 Poor & Co, $1.50 cl. A preferred (accum.)—, 37(4c Princeton Water Co. (N. J.) (quar.),.—; $1 Quaker State Oil Refining —25c Quincy Market Cold Storage & Warehouse— 57* preferred (quar.) —,—$1(4 Reading Co, 4% non-cum, 1st pfd. (quar.)— 50c Reliance Steel Corp, common——20c 55c $iy4 1 previous The list does not include divi¬ this week," these being given in the yet paid. 3-20 Petrolite 3-22 57* preferred (accum.) International Silver Co. (reduced) B.) dends 1-26 2-27 2- 7' 50c 40c preferred (quar.)—77-.- - 10c Patchogue-Plymouth Mills 7:; $1 'Pennsylvania-Central Airlines Corp.— 7"':' 7;"'7.; $1(4 preferred (quar.)—:———31(4c 2- $iya (W. t 2-15 75c 2-15 4- 1 give the dividends announced in we 50c 7% preferred series A (s-a),— 77* preferred series B (s-a),—„_.L 25c (quar.) International Rwy of Central America— Jarvis Below $1(4 — $1 International Business 3-1 — 2- $1^2 Co.— 4-1 (quar.). 2-23 7 V2% Ingersoll-Rand Co. $1% preferred A 2-20. 2(4 ^ deposit rets, for ord. regis Extra j 2-13 3-20 —„_ Class A Imperial Tobacco of Great Britian & Ireland Ordinary registered | 3-15 Aloe — 683/4C , (accum.),, 2-15 : 1 50c common,.,,,,,, Alabama >Pacific Portland Cement, 6(4 pfd. Xaccum.), 7 Pacolet Mfg., common (quar.)—, 7 Quarterly ' 7% to (quar.) Co., 57* 3- 3-11 2-15 Paper Co, $5 preference 2y2 Illinois-Iowa 2-26 1 —20c Elevator, common, 6% preferred (quar.),,, 3-31 5 5 2-26 4- 2-10 Parker (S. C.) 2- 3- 2- 1 2-15' 2-10 2-9 2- 9 ; • preferred (quar.),—$l3/4 1 5 1 1-22 2-15 3-1 i 2-20 2- 1 1-27 1-22 1-28 3-11 weeks and not 2-15 ... 2-15 Ontario Mfg. 2-15 2-15 1-30 1-28 1-30 3-11 Agnew Surpass Shoe Stores, com. (s-a) 7% preferred (quar.)— Parker Rust-Proof Co.—— 2- . 2 2-15 2- 15c pfd.. (quar.) . $134 6f/c preferred (quar,),,—$1(4 Okonite Co., 67* preferred (quar.),,——— $1(4 5 2- 3-19 1 5*4% 5 $1(4 (s-a)—.— 2- $iya 2-15 ! 1 4- Youngstown Sheet & Tube, 1 $1 (N. Y.) — 2-15. $27/« A^.,—4. ; 3- 3-19 Northwestern Public Service, 77o 2t15 25c preferred Extra Otis 3- Co 2- 3-10 $1 3-15 2- • 2-10 $2(4 2-15 1 $3J/2 ; convertible 1st 3-12 1-23 ) 25c 35c preferred -(quar.) Hamilton Watch Co., 6 % pfd. -(quar.) Harbor Plywood Corp., $2 conv. pfd. (accum.) Haskelite Mfg. Corp. (quarJ^,_,_L,_ Havana Electric & Utilities— 7 16% 3-24 3- 12J/20 Bay & Western RR., common..,..,., 5V2% 2- $1(4 25c 2- Income debenture B Griesedieck 2-19 3-1 1-21 * 3- 1 2-19 3-13 (irregular^ Elec. Light & Power, $5 non-cumulative Pacific Finance Corp. of Calif, com. (special) Pacific Fire Insurance Co. (quar.)—,,. Valley Brewing Co..__—2V2C Income debenture 3-10 $1(4 preferred 3-31 ' Green 50c $1% ■ [ 25c Class B 1-26 common Jersey Zinc Co. N. Y. & Queens 6(4 7* 2-15 - Co.___ 1 preferred (quar.)—,— Niagara Share (Md.), 67* preferred A (quar.) Noma Electric Corp. (irregular)—,, Nonquitt Mills New Clock, Co._,ilii,^—50c Oswego & Syracuse RR. (s-a)7; $2.25 .3-15 ___ Manufacturing 2- (accum.) Haven 2-15 37'/2c Participating — 1-22 $1(4 $1% New 3- . 53A r/o preferred, (s-a)Works; ;7^; pfd. (accum.) Castings, $6 pfd. .(accum.) General Steel Wares, 7%. preferred (quar.) Grand 2-11 ,"1-26 $2.31 (irreg.) 5%. pfd. (quar.),,, Chlorine Products (quar.)v (irreg.). participating preferred :—_______ Wickwire Spencer Steel (irreg.) Winters & Crampton, 75c conv. pfd, (quar.), Yellow Truck & Coach, common,.;—.'jl—.—_ 4 4- ■ 7% 2-J3 2- 1 25c. $1 35c $1 $1 50c 183/4c 25c ' Westinghouse Electric & Mfg., com. 7% Outboard Marine & Mfg. Co.——_—— Iron $ England Water Light & Power Assn.— 6'* preferred (quar.),,,,. Oxford pfd. 1 $1 conv. pfd. (quar.),. Snowdrift, $4 conv. pfd. (quar.) Westvaco . New 2-18 t Steel Gorham 1-30 2-18 Hosiery, General i't - 50c non-cum. preference (quar.).,.— convertible preferred (quar.) General 15c $1% series General (quar.) Certificates of beneficial interest 3- general Acceptance, $1 .preferred (quar.)- 25c 7,.$1(4 2- 87(4c Laundry Industries, 4-15 1 3- .: % 1 3- (quar.) Freeport Sulphur Co. .(quar.) Galland 8 3- Northern Insurance Co. 3- 25c Yards Foundation Investment Co. 5 2- 5- 25c - ,—-. 77c Power, 7 50c 1-30 2- $l(4;r . Florida 3- (s-a). (N. Y.) 1-30 25c Brewing /Corp; (quar.>^,_jTi_.j,__^77 150,; & Co., 6% pfd. (quar.): ■ $1(4 preferred (quar.) $1(4 Tire Wesson Oil & England Fund— 3-20 40ci; (quar.),,: 2nd Firestone Wentworth Mfg. Co, 2-18 \ 3-10 $6 8 1- 4' 1-4 1- 3- 1 , 1-15 1-15 ' Extra • I 25c (quar.)l-'——— 1-26 Amsterdam Casualty •' —• 2-12 Co.— 2- New Norfolk & Western Ry„ common (quar,)—— 7 North American Oil Consolidated (quar.), 2-15 40c 2-11 1-15 (J. B.) 7 2-13 2-15 40c 3-2 . : 1-30 2-27 5 1-22 3-16 $1 ;— (quar.) $1 3-31 5c (Marshall) 6% ■ 4-1 j 3- 1 3-16 50c Playing Card 3- 10c 7 1 2-20 2- $1(4 B Gas 2-18 2-27 3- 2-10 9- (quar.) 4-1 2-26 3-15 5 River 3 New 5 50c Fall 1 3- (quar.),,,,,. 25c Newport News Shipbuilding & Dry Dock, com. 50c $5 convertible preferred (quar.)$iy4 •2-15 30c 57* pfd. (quar.),. (quar.),,,,—___ preferred A 4- Neisner Brothers, common 1-28 1 9 3-15 50c S. (accum.) — ' : 3-1 3- 1 2-27 $1V2 (quar.) Extras 12-23 2- preferred 8% common (quar.) 11-15 5% Duro Biscuit Co., preferred 2-20 $1(4 lOo $1V4 (quar.) 26c 7% class C preferred (quar.)—$l3-4 Virginia Coal & Iron Co. (quar.) $1 Waite Amulet Mines (interim).15c Walker Manufacturing Co, $3 pfd. (quar.),. .* 75c Warren Foundry & Pipe (guar.)....—-7...- . 50c Wayne Pump Co. (quar.) 50c Webster. & Atlas Nat'l Bank (Boston) (s-a). $1 Weill (Raphael) & Co. (annual) —$3 2-13 9- $1% $1(4' 2-27 3-20 $1.00 3-11 Class A preferred Class B preferred 11-25 * 6% 37(40 - | 2 1 $2 Van Sciver 8-26 1 2-27 12- Detroit Michigan Stove, Class 1 12- National 2-15 "• 35c ; — 9- $1 9-20 12-20 Vanadium-Alloys Steel 5-26 Corp. (quar.) 25c Muskogee Co., 8% preferred (quar.),$1(4 2-16 $l3/4 Corp.,,,., 1 Motor Finance $1% 7% Gas Morse Twist Drill & Machine___,_____i„^,_ 8 $134 7% Derby ' 75c (quar.) 6- 7 5-31* -78-31*, 11-30*; "7 2-13 I • 7 2-19 ..1-29 2-19 2-15 5 t2(4c Extra 2-23 $1 : 75c . 1 6-19 50c Universal Insurance Co. 7 3- $1 1-30 3- 1- $1 3- 1 3- — 1-11 $iy2 (annual),,, (quar.)___ 2-15 35c 7_—________ preferred Co. 25c . (quar.) preferred (quar.) 7% $3iy4c (quar.),,,' 4- t50c Common 7% Mortgage 75c (quar.), pfd. (accum.) (quar.)*,——75c (quar.) & Quarterly • Deep Rock Oil Corp. (initial) Deere & Co., 7% preferred (quar.).— i 1-30 2-15 $1(4 - _ prior -Dentist's Supply, common ; 2-15 tl5c Loan 2-27^ United 8 5-10 Montreal 3-20 $1.75 5-10 (quar.).:_r Co., $4 pfd. (quar.). 6- 2-15 1-23 50c common,,...,,,. 6- (accum.) Publishing, conv. $4.50 preferred B 130c Corp,— ctfs.) $1V2 Steel Corp, 2-17 1 2-1 preferred (quar.) t$l34 ' (accum.) 50c j 50c 1-14 C 2- (quar.), (N. Y.) 1 - 2-25 • 2- (s-a),,,. a, $2.25 (s-a) —$2 .2- „,j._ 2- 87J4c 50c $2.25 2-26 2-10 Quarterly $3 ... 3-31 Machinery (special).62V2C. $2V2 ; 2-26 (N, H.)— Quarterly 7 Quarterly,,. Quarterly 2- 1 3-31 $1.25 — Insurance 2-8 10c United States Pipe & Foundry Co.— 3-10 , 2-26 1 ' Shoe > $1 (quar.) Accident & Annual "40c $25 Life 9 50c $5 preferred United (quar.),. j 2-10 2-26 United (quar.) (quar.) . 1- 15c Monroe Chemical Co., $3.50 preferred (quar.) preferred '2-13 1 1-19 preferred : 1 . 2-11 1-23 7% 5 3- 1 1 $1'% Insurance 2- T-25 f 2-13 j 3- 75c ,. 3- (quar.) preferred (quar.) (InterimI10c 1-15 ——w__l—J— Co.,.5 7* pfd. I 1 f3- 5 ; 2- 2' 2-15 2- $1(4 $3 Canada 20c _____ $4 Crane of 3- 3-17 $2 25c 1-30 (quar.) Monsanto Chemical Co., common $4.50 preferred A (s-a)_ • f$1.40 ._ Varnish, 1-21 $134 Wallpaper Factories, 6% pfd. (quar.) (quar.).: *—;— Upper Canada Mines, Ltd. (interim).—„■ ' (Toronto)— 2-2 America, com. (quar.), 2- 12;24 j 1-25 3-15 50c $1 Insurance annual) Cook Paint & 1-27 37(4c — Life 1 3-10 i Tyer Rubber Co, 6'/* preferred (quar.) Union Street Rwy, (New Bedford! (irreg.)__ ■ Continental 2- 20c $1% 1-20 & S.) $1(4 1 (resumed),., 3- Midland 2-10 common.,,,,,.,. preferred (quar.) 2-12 2 1 (Phila.)— * Co, 2-25 3- 183,4c —1 (accum.) Mitchell - Trust 1-30 ' preferred & $3 ; 6y2% Bank $1(4 Metropolitan Storage Warehouse (irregular), Michigan Central RR. (s-a)_,_,_„_,j.,u, Midland Grocery js-a)„_, 2-18 2-24 2- Merritt Chapman & Scott— ( 3-15 2- Inc. 2-25 1 $3.50 common Extra Tradesmen's $lJ/2 preferred (s-a) Frank, 1 Trunz, '2-9 4- 30c 75c Meier & 9 2- 2-27 (accum.) Mayfair Investment Co. (Los Angeles) Merchants Fire Assurance Corp., com. (s-a), Extra -j,,,,, 1-25 2-24 07<, prior pref. convertible preferred (quar.)i,, Maud Muller Candy (irregular) - 3- Coal 3-2 3-15 25c 1 15c 25c (monthly) Mallory Hat Co., 77* preferred (quar.), ^-Manufacturers Trading Corp.— 1-29 2- Central RR., 1 5(4% 1-25 2- $1(4 $1.00 w Pipe Co. 2- Truax-Traer 2-1 10c 30c Lorain Telephone Co., 6% pfd. (quar.),; Lyon Metal Products, 6% partic. pfd. (quar.) 2-10 2-27 Groceterias $2 (irreg,)__ common 2-11 1-26 ;2- 1 (quar.) 20c ■ 2-15 1 2-15 2-15 * 30c (quar.) 4- 3-23 (Wilmingon, Insurance 2-13 2-10 (quar.) Nat'l 3- 40c $5 convertible preferred (quar.),,.* Tidewater Associated Oil (quar.),, 1 5 $1(4 40c 1 t$2 . Life 5t)c — common Thompson Products, Inc., 1 (quar.) 3- Joint 2-16 30c Corp. Nat'l Loblaw 2-27 (quar.) Texas Pacific Coal & Oil 2-15 2-16 25c Quarterly Quarterly Quarterly 1 A 4 . - Preferred 4 1 2-27 Co, Ltd.— 9- 3- 1-23 2- (quar.) Co, 12- Extra 9 receipts Electric 9-15 : 9 2-24 International Dep. 12-15 t20c , 3- ■< Corp. $l34 (quar.) 1-30 2-15 —, 30c Savers Lincoln ,1-31 1-20 Swift Tampa 2-15 15c (accum.31 (4c (quar.),, 12J/2c $1.25 pfd. $1% 77* preferred (quar.) Lrvtra Secord.Candy Shops Liberty Aircraft Products 1 5-15 0/ Rte 3-15 12 (4c 25c 25c Payable 40c j: (quar.) preferred (quar.) , Holdert When thare California Furniture Extra 5 of (quar.) 5c Paper Co. (Mich.) (quar.),_ Consolidated Steel Corp. $1.75 pfd. (accum.) American 3-11 Co. (quar.) 2-15 . Consolidated Continental 25c Oil Common 40c (quar.) (quar.)— Standard Common 1-30 (irreg.),—'10c N. Co. 2-10 Common 2- $134 50c — Consolidated Biscuit 2-25 5 2- 50c City Baking Co. 7% preferred (quar.)—— Compania Swift Internacional (quar,),. Consolidated common Machine, Per Name 0/ Company 2-27 2- ; Consolidated com. 0/ R«o. ,$iy2 , (interim), Milling, (quar.) preferred (accum.) Holdert 2- 3- $1(4 25c (quar.)—__ Copper Co.—— Woods When Pay'blt 2-15 Coal— —_ Co. the •* 3-15 15c . Cab jnrShare 2-25 50c (irreg.),.— Franklin & of Landis . (quar.) t 2-27 ' the on (quar.) preferred Chile (accum.)— (accum.) Chicago, Wilmington 6% 1-22 1 issues. Chambersburg Engineering Co. Charis i$2 $l3/4 25c 50c $3.92(4 $3.36(4 7 (quar.),——7-i Co. Light 7% .-arrears above ; (quar.),.:,,- j..:---7% preferred (quar.)—__ Co., Caterpillar Central Ltd. 1 3- Lake Foreign Investment Corp.— preferred Case —, (quar.). 2-15 2- 25c 75c ,f 6c 10c 25c 87 (4c 37 (4c 17c 15c $10c California Pacific Tel & Tel., 7% pfd. (quar.) California Water Service, 67* pfd. B (quar.) Callaway Mills 1 1 - Kinney (G. R.), $5 prior preferred Kresge (S. S.i Co. (quar.),^ 2-15 3- ■ (quar.) (quar.) 1 ' Name of Company 2-15 Concen¬ — Business of Rec. 77* „ . —- & J., Holdera 1 3- 50c $1.75 $10c (quar.)— Edison Co., Inc. (quar.) Mills, Ltd. (interim) Silk 3- 469 ; (s-a) 3Qc 2- 1 1- 5 1-22 1-22 1-20 1-15 2- lr 2- 1 1-11 Per Bank of of $$H4 .$$2)4 15c 125c 25c Montreal Bank Toronto (quar.)—~ (quar.) — Barnsdall Oil Co. (quar.)—-, Bathurst Power & Paper, class A (quar.)— . Bayside National Bank (N. Y.) (s-a) Extra 1— 75c 1 — 37 Vac $$2 Bayuk Cigars, Inc.Belding-Corticelli, Ltd. (extra) Benson & Hedges, $2 convertible pfd. (quar.) Extra ■ Co., Electric (quar.) Fund, (quar.)__—__ (quar.) (Forest Hills, N. Y.) Boulevard Bank Mills Bourne — Bearing Roller Bower Brewing 40c 25c , " - — ; — 2 ',4 % British British Columbia 6% reg. 3-15 3- 2-15 1 2- (quar) 175c t$l!4 — 25c preferred $114 Bronxville Trust Co. (N. Y.) (quar.)— $1 Brown Fence & Wire, class A———— $1 Buckeye Steel Castings, 6% pfd. (quar,)— $1 14 Bullock Fund, Ltd., common—.— 15c 5% preferred (quar.) —4———j-Sl'A Bunte Brothers 5% preferred (quar.): — $114 Burroughs Adding Machine (quar.) 15c Byers (A. M.) Co., 7% preferred, represent¬ ing the quarterly dividend of $1.75 due Feb. 1, 1943, and interest thereon — $1.8156 Cadwell Linen Mills, Ltd., com. (initial)125c 1st preferred (quar.) ———; 138c 2nd preferred (quar.) !■ :— 120c Calgary Power Co., Ltd., 6% pfd. (quar.) $$114 Stores, (quar.). Department 5% 1-30 1-15 2- 1 Semi-annually Cuneo 1 2- 1 1-21 2-15 1-29 1-30 1-16 1-30 1 1 1-11 2-20 1-29 .2- 1-18 1-18 1 1 1-15 1-27 3-10 2-25 2- Shoe Distillers Co., Ltd., ordinary 2-27 2- 1 1-16 2- 1 1-20 2- 1 1-20 2- 1 1-23 3- 5 2-23 2- 1 1-22 2- 1 1-15 2-1 1-12 3- 1 2-22 3- 5 1-29 Dow Dun 1 1-15 $6.50 2- 1 1-15 Eastern Eaton 1-15 2- 1 1-15* (quar.)— 75c 3714c 2-15 1-30 6214c 6214c 2-15 1-30 Ry. 7% Bronze, common ———$$114 (quar.)— Canadian Converters, Ltd. (quar.) Canadian Investment Fund, Ltd.—preferred Oil Carolina (s-a) Insurance Fairbanks Co., 2-27 1-11 2- 1 1-11 Falstaff Brewing Corp., 2- 1 1-11 Farmers & Traders 1-30 12-28 Federal 2- 1 1-15 Federated 2- 1 2-15 2- 1 2- 1 1- 1 65c 5c 2- 1 1-21 1-18 1 1-21 2- 6 1-28 $114 2- 1-28 6 Central Hudson Central National 2- 1 1-15 First 1 1-15 First National Bank 6% Power & preferred 7% preferred Ribbon Shares Century Century Pasco de Cerro (annual) (Mineola, N. Y.) pfd. (quar.) Power, 5% Central New York Light (Mass.)— * (accum.). —— ' (accum.)———— Mills, 7% pfd. (quar.) Trust (irregular)— —: Copper Corp.— 3- 2- 2-16 ' 1 17c 20c $1 $1!4 1 2- 1 Foote I- 2-1 60c 8 $l,/2 $1% $134 45c 2- 1 1-15 2- 1 1-15 3- 1 2-20 2-1 1-22 $1 2- 1-16 1 6% 6% 6% 25c 2-25 2-10 — $1% 2- 1 1-15 20c 20c Champion Paper & Fibre, common (quar.)— 25c 6% preferred (quar.)———.— ——$ls/2 2- 1 1-20 Fulton 2- 1 1-20 $314 3-15 2-27 4- 1 3-15 2- 1 Store Investment, $614 Chain Store Real Estate Trust (Mass.) Extra — National Bank (N. Y.) Chase Cherry-Burrell Corp., 70c 5c (s-a) Master Manufacturing Chefford preferred —: 20c $114 15c common—: 1 1-16* 12-15 12-15 1-30 1-26 Co. Gabriel 7% General 25c 4-15 3-17 Quarterly ;—. —... 25c Quarterly ————————————• 25c Cincinnati New Orleans & Texas Pacific Ry.— 7-15 6-16 10-15 9-15 —— $114 $114 $ 114 $114 $1% 5% preferred (quar.) ;. . 5% preferred (quar.)—. 5% preferred (quar.)! —— — 5% preferred (quar.)_ .. —„ — City Ice & Fuel, 614% preferred (quar.) — City National Bank & Trust Co. (Chicago)—• ; Quarterly $1 $1 25c 50c — — Quarterly 2-15 6- 1 5-15 Georgia 9- 1 8-16 12- 1 II-15 2-15 2- 1 1-20 1 4-20 (s-a) Willans Cochenour Gold Ltd., Cockshutt Plow Co., „ — 1-13 1-30 1-21 Gosnold Mills, 1-30 1-21 Gotham Hosiery, 2-25 2-10 Grace 1 1-25 2-16 1-25 1 5-15 Payable in U, S. curr. Grandview Mines (s-a).. 2-15 1-26 Graton 3-31 3-12 Great Lakes 2-28 2-10 Gas 5Co Elec. & Cum. $2.75 614% preferred (quar.)— Commoil, Ltd. (interim) Commonwealth Edison Co. (quar.) Commonwealth Concord (N. Conduits $2.40 Conn. 6% Gas, H.) Connecticut Lt. 614% $2.20 pfd. (quar.) Corp. 7% pfd. Co. (N. Y.) $1.50 partic. B (quar.)- class A Dredge & Dock (quar.) Extra Stores Bros. (M. (quar.)— Hanna 1-20 2-15 2- 2- 1 1-15 (quar.)—. preferred (quar,)—..— Hartford Electric Light Co. (quar.) Hartford Times, 514% preferred (quar.)—.. Hat Corp. of America, 614% pfd. (quar.).. 2-27 2-12 1 $1.62 tic $5 A.) Co., common., preferred (A.) Harris Co., 7% (quar.) Consolidated Oil Corporation (quar.) 2-1 2-15 2-1 2- 1 1-30 2-1 $114 25c 50c 2- 1 .3-1 2- 1 2- 1 1-23 Hershey Chocolate Corp., common 55c 60c $3 3- 1 2- 5 3- 1 2- 5 2- 1 1- 1 $3 $114 $134 $l5/a 2- 1 12-31 3- 1 2-15 3- 1 2-15 7% 2- 1 1-15 Home 2- 1 12-31 1 1-15 2-15 1-15 2- 2-15 Dept. Extra 25c 2- 1 3-15 3-15 2- 1 2- 1 5-15 2- 1 Holly Sugar Corp., common preferred Co. (quar.)— — (quar.) (quar.)— Insurance (N. Y.) Honey Dew, Fire Insurance Electrochemical 2- 2 1- 4 Hooker 2- 2 1- 4 Hormel (Geo. 1214c 2-15 6% preferred (Bait.) (irfeg.) lc $134 25c 3- 1 2- 1 2-15 2-15 2-15 3-15 3-12 3- 2 2- 1 2- 1 2- 2 2- 1 $134 6834c 6834c $l5/4 $3 75c t2e $114 75c 1-30 1-30 2-15 2-15 2-15 2-15 A.) (quar.) common (quar.) 30c 30c 25c $l3//4 (quar.) 2322- 1 1 1 1 2- I 20c 2- 1 25c — 40c 50c $114 1-15 5- 1 4-17 N. Link Printing Bank 2- 1 4- 1 2-27 2-15 2-15 1 2- 9 3- 1 '2- 9 1 1-15 2- 1 1-15* 3- 2~' 1 1-T4 4- 3714c $1 3-13 1 1-30 2-15 $2c (Rochester, Trust Lionel pfd. $3.50 Co., 3- (accum.).. 3-31 2-27 1-20 2nd 1 2-11 2-11 Lynch Corporation 1-10 1-15 1-15 1-20 1-15 1-20 1-20 2-15 1-23 1-23* 3-1 2-17 3- 2-17 1 2- 2-15 1 2-15 2- 1 3- 2- 1 3 1-15 ■2-1 >2- 2-16 I 2-1 1-15 2-15 2- 5 .a---——— 2-26 4 2-15 2-15 2- 5 5- 5 5-15 8-5 8-14 11- 11-15 5 2-10 1-30 2-1 1-20 30c 2- 1 1-20 87%c 2- 5 1-28 2- 1 12-31 2- 1 <* :30c Field & Co.— &-Co (Marshall) Field See (Seattle)— 1 (quar.)—a—, (quar.)—.——---—— Initial' stock Marshall Massachusetts 1-30 1-11 1-23 1 2-1 preferred participating Fully * 1-25 8* 9 1 2- Bancorporation Marine ■ 2-13 1-11 1- 2- ' 1-20 2-13 1-20 1 . 2-11 1-25 1-15 1 2- 50c Madison Square Garden Corp.d;—_.%■ 25c Magnin (I.) Co., 6% preferred (quar.) $1'4 8% preferred (quar.).._.—' $114 6% preferred (quar. $114' 6% preferred (quar.)— • • $114 Marathon Paper Mills Common.—.—-..— 50c 1-15 1 2- $4 1-20 6-15 9-15 5 3-15 2- 1-20 3-15 1-22 2- '4- 1 2-27 (s-a). 1 * $214 Louisville & Nashville RR (irregular >___—L ,! $2 Louisiana Power & Light,-6% pfd.v(quar bl ' $1J4 Lukens Steel Co.(irregular 125c Luzerne Co. Gas & Elec., 5%% pfd. (quar.) $1.3114 non-cum. 1-20 1 1 1' (s-a) L_._—» Common' 1 2-27 . $1% $2 & 8% 1-20 3- $1.1214 Taylor, 6%' 1st preferred (quar.)... preferred (quar.) — ; Louisville Henderson & St.- Louis Ry,— \ Lord ' 1-20 9 1 2- Lit Brothers, 6% 3-31 9 2- 2- 25c >50c -a.—15c — preferred A (quar.). 414% 2- 2- (quar.)—15c Corp. 1-21 * 1 3-1 — (quar.* Extra 1-20 1 2-1 (quar.)-_____—$1% preferred 1-30 2- 75c 1 & Belt Co., common 014% 1-22 1- 2-15 2- Y.) common (quar.) 3714c convertible preferred (quar.)50c 4% 1-15 t 1-14 2-15 414% Alliance Lincoln 2- 8 2-1 30c • 5 1- 2-1 25c (quar.-) (quar.)..... B ClasS Lincoln Bonding & Insurance Co.— Quarterly : — Valley RR. (s-a)—— —: $3 Maytag Co., $6 1st preferred (quar.)i.---!- $1!4 $3 preferred (accum.)-—-. 25c McCall Corp. (quar.)——.————— - 35c McCrory.Stores Corp., 5% pfd. (quar.$114 McGraw Electric Co. (reduced quar.) >•. 25c Massawippi 2-15 1-21 1-15 2- 1 1-15 2- 1 1-15 2- 1 1-20 2- 1 1-21 3- 1 2- 6- 1 5-1 1-30 1-25 1-30 $55140 ;$55%c McLellan Stores Co., common V40c 6% preferred (quar.) ———$114 Meadville Telephone (quar,)—-—-———■ 3714c 1-23 1' Melchers 1- 2 Porcupine Quarterly . 1-20 2-15 1-21 Distilleries,'Ltd.,: 6% participating * preferred (quar.) —— Melville Shoe Corp, common (quar.)-. — preferred (quar.)—— Acceptance Corp. of Calif.— 5% 5 1-29 1-29 '(quar.)— '(quar.).—, 3 Mercantile 5 Y.) (s-a) Merchants Nat'I Bank of Chicago (s-a)—. 2-15 1-25 1-15 Merchants & (N. Insurance Mfrs. 7% preferred (quar.)———— & Supply, (irregular) — Rubber Reclaiming (quar.)-.—— Midwest 1-28 Mid-West 1-28 (irregular) (s-a> Minneapolis-Moline Power .Implement— , - $8.50 convertible preferred (accum.)— Mississippi Power & Light,. $6 pfd. (quar.)— Mollne Pressed Steel, class A partic. (quar.) 4 1-25 1-25 1-25 &>Hart, $1 prior pfd, Miller Mine Piping Hill & Schuylkill Haven RR. • Loan Society, class A——-——- 1-17 Monroe 2-15 Montana Power Co., 1-15 Heat & Power Moody's Investors Service— 1-15 participating preferred f 1-15 Moore $3 Drop ': 20c $3 6% 3-15 Morrell 2-13 Morris 414% Morris (John) (Philip) & * 5 3- 1 6- 5 6- 1 9-5 X 3- 5 3- X 6- 5 6- 1- 9- 5 9- 1. 2-15 1-30 2- 1 1-20 7- 8 6-20 2- 1 1-6 2- 1 1- 6 2- 1 1- 6. 2-18 2- 8 50c * 50c 2- 1-20 3-12 3- $1 2- 1-15 $134 35c 1 1 2 i $114 $114 2-15 2- 2- 1 1-15 214c • 5c $114 J38c 2- 1 1-15' 2- 2 2- 1 1-11 1-30 12-31 1-20; ■ ■ ' 75c (quar.) Co, A (quar.) (quar.)—. & Co., 4»%% pfd. preferred Plan (quar.) (quar.) 3- 2-15 2-1 2- 1 1-30 2- 1 1-20. 1-15 1-15 2- 1 ,1-15 2- 1 1-25 Forging— non-cumulative 1-20 1-30 $6 pfd. Montreal Light, 1-15 1-30 $114 • 1 1-14 1-23 1-15 1-15 Michigan Bakeries common (irregular)15c $1 nort-cumul.-prior preferred quar ).-_. -25c 1-15 2- 1 1 ! 3- 1 2- 2- - 3- 2- 50c - ——- 1-31 2-15 25c 25c. (quar.)—J—.———;—• 25c (quar.)— 30c (quar,)—. — 30c. (quar.)——-———— 30c Stores, 7%* preferred (quar.)—$134 preferred 5% preferred 5% preferred 6% preferred 6% preferred 6% preferred 12-31 2-15 $30c Mercantile 2-11 2- (quar.)—.——. — 1-14 2-25 Mines Mclntyre 5% *50c (quar.) Ltd. 3714c 3714c 3- 1 60c (s-a) T Homestead • preferred Higglns Industries, 6% preferred Hires (Charles E.) Co. (quar.) Extra 1-15 (quar)... .... $4 convertible, 5 ., $1 1-29 Store, 6% pfd. (accum.)...— 6% preferred (quar.) ... Hedley Mascot Gold Mines (quar.) Hercules Powder Co., 6%-pfd. (quar.)—*. Hearn • 1-30 2- I - $1V4 3-13 1 2-15 1-19 2- 1 25c (quar.).— 1 2- $1% Cement common (quar.-).-. ' (quar.)._-__—..—•• Mines Stores, 1-16 2-1 40c $1 15c 4- preferred (quar.).—$114 Liberty Loan Corp., $3.50 pieferred (quar.). ■87,4c Liggett & Myers Tobacco,- common (quar.) . '; 75c 3-20 $114 $3 2- preferred (accum,)—$114 Lockwood Company (irregular). ... ' 50c Loew's Boston Theatres (quar.). —. 15c Extra/ —; J. 10c Loose-Wiles Biscuit (quar.>__i'-^.____-^.—25c 25c 25c preferred 1-20 Inc.— (quar.) 7% Knight, .....—— 1-20 $114 (quar.) pfd. & — Consolidated Chemical Industries, Class (quar.)— pfd, (quar.) Consolidated Edison preferred 6% Power, Cigar (s-a)— 25c (s-a) preferred Y. 2-15 75c preferred (quar.) Passumpsic River RR., com. (s-a)_ Connecticut River of N. 2-15 35c $4c — (interim) & Power, 7% Bank National 2-15 (accum.)_— pfd. 7% Co. (s-a). pfd. (quar.)..——— $114 6834c (quar,)- & preferred Consolidated $5 — International Corp. National ' (quar.)_ pfd. conv. prior preferred 5% (quar.) less Canadian tax— Hale Ohio Electric— & Southern Columbus (quar.)—— $114 $114 preference (quar.) preferred 5% series (quar.) preferred series A (quar.) 6% Columbia Pictures, 6- Corp.— cum. Cum. 2- B 1 1-23 ' 50c $114 t$2 +40c 6214c $l3/4 1-20 1-11 3- Liquid Carbonic, Granby Consol. Mng., Smelt. & Pow. $5 Class , Colgate-Palmolive-Peet, common (quar.) $4.25 preferred (quar.) Colorado Fuel & Iron Corp. (quar.)—— Columbia — $5 $114 (s-a) common .... 3714c $134 $3c $25c 1214c $1.0614 25c — (interim) Mines Semi-annually " Goodyear Gold 1-20 2- 1 2-1 r - 1-20 1 1 1- 9 40c $114 2-20 Corp...._^A...._—75c Tire & Portland Lerner • 2-1 2- 1 3-15 3* 3 2-15 / Rubber Leitch 3-15 3- 2-25 —15c 50c $5 Razor 1 _ — (quar.) Co. (irregular) Clinchfield Coal, 7% pfd. (accum.) Safety 2- preferred Tractor ■ 1-20 (quar.)$114' 6% pfd. (quar.). 75c Valley Gas, 4%* preferred 3-12 10c 75c ^ 15c $1% 25c Insurance.. preferred (quar.) Republic Insurance Co. of Amer.— Gillette 1-22 of New York Insurance Co. Cine. Chicago & St. Louis- 5 % Marine & — 1 Cleveland Cleveland Fire — Insurance (s-a).. Extra Gibraltar Globe & 5- Corp..—a.. Home Lehigh 3-18 2- 1 common 2- (s-a) (irregular) Common Shoe General Corp., Tire & Rubber Co., com. (irreg.). convertible preferred (quar.) Gordon & Belyea class A-(quar.).. ..... — City Nat'I Trust & Savings Bank (L. A.) City 1 1 - (quar.) _——' $4.50 preferred (quar.)—..... General Metals Corp. (s-a).'.—4_. ... General Mills, Inc. (quar.).. General Motors Corp., $5 preferred (quar.) Foods 3- 3- • 1 2- 1-25 2- 1 (quar,)_.—Sl34 preferred 1-26 2-5 ———' (quar.)-A.A.— General Cigar Co., common 1-30 : — (Irregular) Co., $3 conv. pfd. (quar.)_ General Baking Co. (irregular).....——4— General Cable Corp., 7% pfd. (accum.)..— 2-15 % preferred (quar.)_ Chesapeake Corp. of Virginia Chickasha Cotton Oil Co. (quar.) 5 Lee 1-25 8714c Gardner-Denver I 1-25 2- Company (quar.!...-...—( (R. G,), common (quar.)....—\ Lebanon 1-20 ,,.'4- 1 7-14 10-1 , 5 2-1 convertible preferred 5% 5c 12- 3 2- Tourneou $414 1-15 4- 1 30c Securities, com. (irreg.). (quar.).....„4.—...4—.. Industrial , (quar.).- preferred -(quar,)....—14 7% 1-3 1-30 1-30 20c (quar.)— preferred $1.20 — Quarterly Le 1-26 1-31 20c Extra :a4-._v~*-- a-w4.a-u^4.j— Froedtert Grain & Malting Co. (quar.).4— pfd. Chain 1-20 3- 2-20 50c (quar.)_ Chain Belt Co Bryant, Lansing • (s-a)—_ Phila. of Insurance Fire (quar.) preferred (quar.)..— 1-26 1-30 2-15 2-1 3714c 37v2c 3714c 1-18 1 1-30 preferred (quar.)$l%Mines, Ltd. (interim)$10c 1-16 4-1 2-23 2- 1 2- 1 3- 1 (quar.),—— (quar.) (quar.) ...——— prior preferred prior preferred prior preferred 1-15 $134 ' 2nd 1-16 2- 1 •• 1-15 50c $114 (s-a)—.. 2nd Lane 1 1 Lamaque Gold 6 1-15 2- 6214c 8c 25c $114 •— r 8 1-15 2- 10c $114 87%c $20 ■ (quar.)... Y.) 1- 1 ■ 7% 5 1- 4- 1 ■ • 1 2-1 7% 2- 1-30 ' • preferred (quar.) 1-6 I 1-21 2- 15c Kroger Grocery & Baking common ■* ' • 2-1 $1,0614 Works, 6% pfd. Kokomo Water 6% • 2- 10c (quar.),.-.- Insurance -(N. 2-15 $2 40c 1 ' 50c ; ■ •" Wheeler Corp.— Franklin Fund Knickerbocker 4- 1 3-31 3-15 15c Works.J.——————25c Bridge Pitt Fort Foster Knickerbocker 1 2-10 25c ■' (quar.)— (quar.)— Bros, Gear & Machinery Corp., com.. convertible preferred 4.—„4.4.4.'< —-—...—.—.... First National Bank of St- Louis 1-12 1 1 3-15 2 2-19 * 2-1 $114 (quar.).. 2- 2-10 2 1- 1 2- (quar.)....— Furnace & 2- 2-17 U 1 r 20c Utilities, 7% junior pfd. (quar.).' Kings County Trust Co.* <N. Y.) (quar.)..— Klein (D. Emil) & Co'. 5% pfd. (quar.)..4- 3-31 1 3- 10c (irregular) Kentucky . $1 $114 of Pittsburgh 1-23 2- 2-22 Stove preferred 5% 1-15 2- $134 (quar.) Co.,'common .fquar.)...^— Co., 414% preferred Tea 1-15 2- Department Stores— Ironer preferred 5% 1-15 2-1 2- 1 2-1 2- 1 4-1 - > 2-1 - preferred (quar.— ' Jantzen Knitting Mills common—' (Mt. Vernon, N. Y.) National Bank :■/'*> y :r ,v 1 8(% 1-30 2-1 ' 1-15 , preferred 7% 1-15 3-1 2-20 2- 1 $2V2.-" 1 2-1' (quar.)..4-.-.-.-!—"■'< $1.75 ($5) (quar.)— — 834c Safety Razor, class A (quar.) 60c Utilities Corp,—; ;' /y>\. 'iS:/' preferred (quar,8714c prior Ironrite 1-15 3-10 4- 1 3-1 25c 25c Corp. Quarterly First 12-31 Interstate 2- 1 1-30 1-302-1 Fidelity & Deposit Co. of Md. (quar.. $1 Fidelity-Philadelphia Trust Co, (quar.) $2 Fidelity Union Trust (Newark, N. J.) (s-a). 60c Field (Marshall) & Co. (quar.)— 20c Firestone Tire & Rubber com. (increased) 3714c 2- $114 ——— (Cleveland)- Bank Central Nat'I Bank Central & Electric Gas .. ■ (irregular)..,. National Bank (Hartford) (quar.)..— , 1-20 3-1 Department Stores— • .V,apreferred (quar.)._.'4— $1.0614 Products, 6% prior pfd. (quar.). $114 Boston $3.50 12-17 2-15 convertible 414% of Canada—! Nickel International 1 2-10 2-15 * 2- 2- $$114 $$114 • (accum,) A preference International - 3c _ (Syracuse, (quar._i44_ Mogul Corp. Fibreboard First $1% $114 $114 $1 .$1% 10c 1 •. Kellogg Switchboard & Supply— v Common * (Irregular) $2 5 3- preferred 7% preferred Kalamazoo . 1-21 1-20 1-30 $134 " 25c (accum.t—• 1-25 , ■ Y.) 1-15 2- * preferred (s-a) 6% ' 1-15 t25c 75c $114 — ;— pfd. (quar.).— (irregular)..—...4. Life Insurance preference 7% 2 2- 2- 1 2- 1 2-25: - . — Corp,..—.i.— Jewel $!%• ■ (quar.). '■ Federal Bake Shops (quar-.)—...—4— N. Tool Machine Metal Industries— 1-25 , 1 ' 7%-pfd. (quar.) 2-1 (quar.)._.__——,—$114 6% preferred 1 ■ common 1 1 1214c common Line—. Gregg, 7% 1-21 1 3-10 —4—.a—25c 4- 2- . - — (quar.) — 5% preferred (quar.)__ ,——— Central Arizona Light & Power— $7 preferred (quar.)— $6 preferred (quar.)—. —. Central Foundry Co., 5 % conv. pfd. (quar.) Corp., 12-31 1 & Coe 1 2- 2-1 4-1 (quar.) 4.——$114 Group Associates (quar.).—.... V 25c Pipe Faber 2% ■ ——_—- Extra Celotex Eureka 8 14c (quar.)—— —— 4% non-cum. pfd. (s-a). Cos. Pac. Ry., Canadian 1- 3- 1 2- 1 2- 1 $2 Eppens & Smith Co., Inc. (s-a) —— Erie & Kalazamoo RR. (s-a)—4—4——.4— 14c $10e 125c Ordinary Canadian 2- Baking, Ltd. International 1-25 1-20 1-20 preferred — 6% 2- 1 2-15 Slli Co. 2- 150c : —— shares (quar.) — shares (quar.)——.—— Investors Corp., Ltd. (quar,) —— Special Canadian 12-28 2- — Extra 5% 1 2-15 l$lVa 185c $3714c 150c (quar.) pfd. (quar,)—-(quar.) :—_ $3.40 Breweries, Canadian 1-19 2- $$314 (s-a)— 1 $6 'Extra 1-30 2- Insurance—$114 . $114 preferred Canadian Bank of Commerce Canadian 2-15 (s-a)———— Ltd., Starch, Life States California-Western > (quar.),—.4^4 (quar.)——...4—Electric Bond & Share, $5 pfd. (quar.), Employers 6% 1-25 2- 1 <4- 1 Ltd. Products, Steel Manufacturing 1-11 2-1 $1% • " $3 75c Eastern Shore Public Service, $6 2- 2- common.... (quar.) 2- 1 Duplan Corp., 8% 1-15 40c l...—:—$l'/a (irregularl.iu—.-'i-' ■ : t$l 25c $114 $1% f$2 . 3- 1 preferred (quar.)—..—— pfd. (quar,) preferred (quar.)—...,—.......... 1-16 12-31 International 37V2C 1 ,0265c 1 International $114 1 1-11 2- 1-22 +50c (quar.)— Bradstreet, Inc. (quar.) 2- $114 15c .... 2- 12-31 1 $114 preferred & 1 2- 2c 6214c preferred 5% 1-15 2- 1-16 . Chemical Co;, common—; .1-15 1 2-1 2-1 2- 1 " 2-10 2-10 2- 1 (quar.) — 50c Dominion Bank of Canada (quar.)_——<, t$2 Dominion Bridge Co. Ltd. (quar.).:———4__^.. $3Qc Dominion-Scottish Investments, Ltd.— ' 5% 1-15 1 2-1 preferred cumulative $2 1 2- International Harvester Co., ;1 (accum.)——...—...—-a— Dominion Tar & Chemical, 514% pfd. (quar.) Dover & Rockaway RR. (s-a) 4— (quar.)— (quar.)—— .4—— Corp., preferred 6% 1-25 2- Group Shares.'.—1 Insurance Interchemical 1 1-15 1 2- Inter-City $2 75c 10c 614% (interim) regis, 3-15 1 7-22 1-20 1-15 3- 1 1-1g 314c Corp.-Seagrams, Ltd.'— 5% pfd. (quar.) (payable in U. S. funds). Dividend Shares, Inc. (irregular) Dixie Vortex Co., class A (quar.) —1. Domestic Finance Corp., com. (reduced) — 2- 1-22 1-15 1 2- (quar.)—' preferred 7% 1-23 2- $114 15c • Imperial Bank of Canada (quar.)... — Indiana Associates Telephone, $5 pfd. (quar.) Institutional Securities, Ltd.—• 1 1-25 3- $134 ' 2-15 2-15 1-12 2-1 22- 1 22- 1 '.$1 Vs. 30c (monthly) common 3-15 Distillers pfd. Canada Corp.; Diamond 3-31 Electric Canada Southern $13,4 preferred 1-30 9 Packing Corp., common preferred t$ 114 Deposited Insurance Shares A (irregular)— Derby Oil & Refining Corp., $4 pfd. (accum.) Diamond Match Co., 6% partic. pfd. (s-a)— 3- 3-20 - (quar.)— -A —$114 Dallas Railway & Terminal, 7% pfd. (quar.) $1% Davenport Water, 5% pfd. (quar.) —$114 Dayton Rubber Mfg., common (quar.)— 25c $2 cumulative preferred A (quar.)—__i — 50c Dennison Mfg., 8% debenture (quar.)——— $2 6% convertible prior preferred (quar.)75c California 5% 10c 3714c $114 ^— Power, 40c Hydro-Electric Securities,-5% pfd. B (s-a). Idaho Power, $6 preferred (quar.)—, 5 1-25 2-16 8-16 2- 1 & Light 0] Rec. 3- 1 3- 1 2- 1 45c non-cum. (quar.) ! — (quar.)........— Hummel-Ross Fibre,. 6% preferred (quar.).. Hussman-Ligonier Co. common (quar.)- — - 3-18 3-15 '4-1 $6 1-16 2- common._„r>— . 10c preferred 414% 2-15 2- 6% C.) preferred $6 1-23 2-15 3-31 1-30 1-30 $3 $314 (quar.)————4——— Dairy Corp of Canada, 5% pfd. (init. quar.): Dallas Power & Light, 7% pfd. (quar.)_;—- Inc., Press, 2-1 $2 ——_—4—-' ——— 1 2- California $3 - • 2- —_ Power, (s-a) 2-15 common-.—- preferred (quar.) $314 43%c (s-a)—_ (accum.)— preferred Culver & Port Clinton RR. 1-15 —— pfd. 2-15 2- 2-15 1-30 60c '•"**• lc - a When Payable preferred 7% Drug Co., 7% preferred 7% 1-23 1 1 2- 1 1-22 (A. Houston — — (quar.) Milling Crown — 5% (N. Y.) Cresson Consolidated Gold Mining & 2- 2- 1-20 —. Exchange Bank & Trust Co. Quarterly 2-28 Telephone— 2nd preferred Broadway Corn 3-31 50c - pfd. (interim) (final of 4d and interim of 10d) Columbia Packers (irregular)—— Ord. 50c 16c 75c $1 50c 25c S3 i Inc. of Corp. (s-a) (extra)— America (quar.) Brager-Eisenberg, British-American Tobacco, 5% 6 1 2- 1 5 2- Trust & —— 1-31 1st preferred--— 50c 1- 2- (Chicago) 1-15 2- 1 2-20 $2 ———,— Bank Nat'I Continental-Illinois 1-23 — & Co,, F.) (S, Bowser 6 1-30 —: ... — 5 1- 2-15 < (quar.) Inc. 2- Name of Company pfd. (quar.) 7% non-cum. partic. preierred (quar.)... Horn & Hardart common-(reduced quar.).. : Home (Joseph), 6%< preferred (quar,).... $114 25c :— (quar.)—— Crum & Forster, 8% preferred (quar.)—„ Cudahy Packing, 6% preferred (accum.)— 62*4c 68^c ——— Co. Edison Boston Boston 2-15. 1 2-1 (quar.) Container Corp. of America Crowell-Collier Publishing, 7% Inc. B 3-10 3- preferred 1-31 (quar.) — $1% (Phila.), com. (irregular)— 40c $3 preferred (quar.)_ ——: —!'■' 75c Blue Ribbon Corp., 5% preferred (quar.)— t62»4c Bohack (H. C.), 1st preferred (accum.) : $1 Bon Ami Co., class A (quar.)—— $1 Class $7.50 15c 40c '■ , Bourjois, Inc., $2.75 preferred 2-15 2-19 preferred $7 Blauner's, 1 Holders Per of Rec. share Holders Horn 1-20 (quar.)_ common When Payable Corp.— 1 —— Extra Birtman 3- Consolidated Laundries 1-30 2-15 '■ - - (quar.)—— Co. l 3-10 50c 13c —- — . & Best 3- Name of Company $15c (interim) (John) & Sons (s-a) Bertram Ltd. Mines, River Berens Per of Rec. share Holder » share Name of Company When Payable Monday, February 1, 1943 CHRONICLE THE COMMERCIAL & FINANCIAL 470 Bank — (quar.) (quar.) of Cleveland (quar.) $114 25c Sl.OeVi $114. 40c Volume Number 4147 157 THE COMMERCIALS FINANCIAL CHRONICLE Name of Comprint Plan Co. Mortgage Corp. of Nova Scotia Mount Diablo Munising Oil Min, & • Co. Mfg. Nation-Wide Securities Cp. National 6'/, convertible National Bank National National 7%' National Chemical National City National ' $3 Distillers Quarterly Quarterly Quarterly National 25c $1% 3- 1 2- 1 1-19 4- 1 3-24 Co.,. 6'A Oats & preferred Bros; Neptune Extra 8%, preferred $l'/a (quar.)(quar.) Process, .7% New York 2- 1 ; " Newberry (J. J.) Co., 5% A pfd. St. 2-1 1-18 1 2- 1 2- 1 ,1- 1 1- : Lawrence Steel, Scott American Car Corp,— 1 1-18 A (accum.) $6 preferred B 1 1-21 1 1-25 Senator-Rouyn, 1-20 Sharp 3- 1 2- 1 1-16 2-1 * 2-16 River 1-16 2- 1 Sierra Pacific Ry 1 25c • ——— . . 7% preferred (quar.) Noyes (Chas. F.), 6% preferred (quar.)__w Nu-Enamel Corp. (quar.)——__ 5% Shoe Co. 2-1 preferred 2-1 1-15 2-1 $1 1- ■ 4 1-30 1-14 2-1; 1-15 2-1 1-15 4- I 3-18 22VaC 2- 1 1-28 O'Connor, $1.50 Moffatt class AA 3-22 1-30 1-15 Sl'A ——— (accum.I- (S. Insurance Casualty 3-31 -20c ———75c F.) (quar.)—__ 1 preferred (monthly)51/ preferred (monthly) 5Vj»% preferred (quar.) Okonite Co. 1-25 2- 5 ; 2- 1 1-21 2- 1 1-20 50c 2- 1 1-20 41%c 2- 1 1-20 $1% 2- 1 1-20 58V3C —, — — ; $1VV 2-1 1-15 50c ——— United Filters, class A (quar.) Oswego Falls Corp. (quar.)--_——— - Overseas Securities Owens-Illinois Pacific Co. Glass Finance (irregular) Co Corp. ' 2- 1 50c 2- 1 1-19 10c 1-30 1-20 1-30 — Oliver 1-20 2- 1-25 30c — ... $6 Dtivis Parker Pen Penmans, 6% Light, 7%( pfd. 5 Ltd., preferred 3214c 1-30 25c 2-27 2-15 '$75c 2-15 2- 2- 1-21 $$ll/a (irregular) 10c (quar.) pfd. 7% ; 6% 6% preferred Power Mines <to 1-20 1-11 2- 1 1-11 2- 1 1-20 3- 1 2- 2- 1 4- 1 3- 4- 1 Co. 4-15 2-1 1-20 75c 2- 1 1-20 2-10 1-23 $114 2- $l34 1 .• 1-11 2- 7% 2-20 2-10 1 United 2-15 2-10 2- 1 1-20 2- 1 1-20 U. 2- 1 1-20 2- 1 1-26 2* 1 1-26 Hills, 614.A preferred Sovereign U. 2- 5 U. 2* 5 United 2- 1 1-20* 6.4% 2- 1 1-20* $5 preferred convertible Squibb (E. R.) $5 50c 2- Spiegel, $414 Inc., Standard $4.50 series 1-15 2- 2- 2- 1 1-19 2-25 1-25 2- 1 1-15 6% 2- 1 1-21 2- 1 1-21 7% 2-10 1-30 Walker 1 1 2- 1 6% 1-23 2- 1 2- 1 3- 1 2-15 1 Inc., Standard Equities Tube, 1 1-15 Wellman $114 3-15 2-15 Westchester 6-15 $l'/4 9-15 8-14 - Inc., $1.50 Briquet, 5 7» $2 conv. Suburban Electric Securities-* preferred Consolidated Sun 414% Superior Oil Swan-Finch 6% A of Mines, preferred California Oil Corp., preferred & Swift Co. - . 4. 2-10 3- 2- 1-15 3-15 10c 1 2- 1 3- Fire preferred 3- 3- 1 $2 1 2- 2-15 2- 2-10 $25C 3-15 1-25 1 2-15 (quar.) 37'/a C 2- 1 1-15 $ 114 6% 3- 2-15 2-10 2-10 1-25 3- 1 2-15 5-15 Paper, (S. S.) Wilson & 2-15 2-1 2- 1 1-22 2- 1' 1-20 3- 1 2-13 $20c 3-1 6% 2-15 5 1 6- 1 $i34 2-27 5-29 $134 5-15 2-13 5-14 . 8-31 8-15 10c 3- 1 2-15 30c 2- 1 1-19 2- 1 1-19 $114 2-15 1-18 $13'4 2-15 1-18 1 1-15 (quar.).—_— preferred (quar.) ..... 90c $4V4 preferred 2- 2-15 2- tSlVi 2- 1 1-15 $l'/8 2- 1 Ml $1 2- 1 $r3a 2- 1 $1 Va pfd. (quar.) (quar.)— (quar.).. :*.*. 1 * 1-26 ' (quar.) _*„„*_ (quar.).————— . 1-26 . 2- 1-20 1 1-20 $1 4- 1 3-20 $134 Dental Mfg. 4- 1 3-20 30C (quar.) (s-a) $6 2-1 50c ._*_ (quar.)* common 2-13 (accumulated).* $114 (quar.)—*_*—.*__ $114 1-29 1-30 1-15 2- 20c * preferred Electric pfd, (accumulated) 50C * (quar.) Co. Co., 1 1-15 1-15 Power— (1897 series) 2- 1 30C 2- 1 1-21 20c 2- 1 1-21 pfd.: (quar.).. (Alexander & James), Ltd.— $ 114 2- 1 1-15 1st $ l3 4 2- 1 1-15 $1.20 2- 2 1-20 40c 3- 1 2-10 50c 3- 1 2-20 Wisconsin •2- 1 1- 7 Extra' ■;»2- 1 1- 7 Wisconsin 75c 6- $2 Va (quar.). preferred Willimantic 1-29 + Co. preferred Wisconsin 3-15 1-25 $114 $114 (quar,).. (quar.) M:g. prior White 5 60c 2-19 1 Sewing Machines— 7% 1-21 31V4C 3-10 3- .**T* Insurance Chlorine, Whitaker 1-29 Nat'l Life Insurance *..——— (s-a) J * ■ $75c 25C $1 2-1 Wood 7% Public Service, 5% preferred (accumulated)*-.... Woolf Bros., class B partic. pfd,.*** Woolworth (F. W.) Co. (quar.!. Wrigle.v (Wm.) Co., common (bi-monthly) Common (bi-monthly) Wurlitzer (Rudolph) Co., common *• 50c 5- 1 4-20 10c 3- 1 12-18 50c 2-10 t20c 2-15 2- $3314 2-15 2- 6 $$314 2-15 2- 6 5c 2-1 1-13 — 3-15 2- 1 I 1-22 . S?' 2-15 2- 4- Yuba 1 1 3- 5 30c 3- 5 2- 1 2- 1 1- Texas $134 2- 1 2- 1 1-19 2-15 6% 1-19 1-30 $1V2 Ltd., Extra 1 2- Consolidated Zeller's, 2-15 3-1 (irreg.)—..— "7% 1-11 2- Nurseries Knitting Mills, Ltd., common (s-ai 1st preferred (s-a) *——* 7% 2nd preferred (s-a)_*..^„*'*i.;._-***^-i_ 2-15 $ 114 (Thomas) York 1-11 t3c tlOc preferred 2-19 (irregular);-. Co. $4 convertible preferred 1 $ 114 * 3-15 $1% prior lien (quar.) 5Vi% convertible preferred 2-19 10c 37'/ac pfd. (quar.) 4-10 t$l $ 1 Va 4% 1 10c Point White 12-30 3-15 40c 25c (irreg.) 4-20 Wheeling & Lake Erie Ry,— 5 50c — 3-20 2- (quar.) Engineering West Penn Electric, ; —— (quar.) (quar.) Co., $3.60 7-17 VaC 1-15 (quar.).. preferred Westvaco Tacony-Palmyra Bridge, 5% pfd. (quar.)„_ Tcck-Hughes Gold Mines, Ltd. (interim)*. 6% 2 (quar.) preferred Young (interim) (quar.)-LC— common 8- —... ;___ (irregular* 7% preferred 7% 5 30c Power & Light, Grape Juice, 10- 50c Ltd. —: 4-17 — 10-15 $1% f (accum.) Sullivan Oil, ; 1 10c " prior preference A (quar.)— Stuart (D. A.) Oil, Ltd.— Class A partic. preferred (quar.): 5- *^ 5 3714c pfd. (quar.) pfd. (quar.) 1-16 37 VaC $ 114 * 4- 3-15 - 6% 2nd (quar.) 4-15 15c conv. 2-20 1 1 $114 (s-a) 7%. Strawbridge & Clothier— $♦ preferred preferred Welch West Virginia Pulp & Paper, 6% Weston (George), Ltd,, 5% pfd. 2-20 — —- 1 2- .... 1-30 $1 Vs 5% 3- 2- 6714 c common 2-20 15c - —- Works 1-12 22c (irregular) West $114 (quar.) .*. 2 1 $ 13/a ... $1 (resumed)—- B 2 7- 2- 3 7 VaC ***** 1-20 $l'/a —— 4- 7-15 $ 134 $1 —— pfd. 5-25 4-15 37 1 2- $114 con. 2-25 6-10 $1 .... 10c (quar.)— 3-10 5-15 (irregular)— class (Increased) Stott 2- (irregular): Wholesale Phosphate & Acid Works- Standard Stanley 1-20 3-10 40c ***. ... 2-15 1 1-15* $114 (quar,)____._ $4.50 preferred (quar.)... Washington Ry. & Elec., 5% pfd. 1-20 1-15* 4- common (initial)....*. 2-15 (irregular)- (quar.)— Standard Silica Corp, Standard com. $1.60 Tobacco, preferred 1 1 40c (Hiram)-Gooderham & Worts(quar.) 2-15 2- $114 * preferred (quar.) Detinning Co., common pre'erred (quar.)..*.*.*. 37 V2C (irreg,) (quar.)—. Dredging, Leaf B 2-1 25c (resumed) Washington Gas Light Co., $5 preferred (quar.) 2-15 1-20 1 25c (quar.) preferred Class 2- Sugar Corp.— (quar.). Warren Brothers Co,, class A 1-21 37'/ac $1 1-21 $1% —i pfd. 6 8 34c (quar.) Vulcan $1% $1% (quar.) conv. Brands, preferred Standard A 3-20 (quar.) (quar.) Valley Mould & Iron, $5.50 prior pref. (quar.) Vertientes-Camaguay Sugar (irregular) Virginian Railway, 6% preferred (quar.) 2-20 $1.20 —— 1-20 4-10 .... ... $1V4 (quar.) 2-15 $2 Va (Forest participating conv. pfd. A (quar.) participating conv. pfd. A (quar.)... (quar.) ; 7% common Alcohol Co., class A States Universal 1-22 1 & Sons— preferred Leather J20C ——— preferred 8. 7% Spalding (A, G.) & Bros., $1.50 pfd. $1.50 preferred (irregular)— preferred 5% i—— 3-15 preferred 25c non-cum,| pfd— 1-15 2-15 1 25c 2-15 J$lS/8 (quar.) 1 1 4- ■ 2-15 25c . Island & Canal (quar.).. Machinery— Industrial $15c ,; — Inc.— Sparks-Withington Co., S. Long 23- 5 8 VaC 20c of 58'/a C 58 VaC (quar.) RR. convertible Extra Elec.— (quar.)_ Bank Y.l J. Hoffman 5V2%/ Service— Investors, S. N. N. 35c- preferred--: Public Nat'l United 3- Thatcher Mfg. preferred'(quar.)* 12-17 Gold Fields common (quar.) —u..——_,.*_*_i——. (quar.).—* books not closed for this 6 $20c 2- 1 $20c 2- 1 1-15 $37 V2C 2- 1 MS —■ preferred •Transfer 1-29 1-15 dividend, 8 ton account JPayable in of accumulated Canadian dividends. tax, funds, 15%; resident tax, tax 2%, deductible a Less at the British Non¬ source. income tax. Federal ^Reserve Bank is now cer¬ tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world. We give below a record for the week just passed; EXCHANGE FOREIGN RATES CERTIFIED BY FEDERAL 12-31 RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930 2-15 1 resident Foreign Exchange Rates 1-11 1 90c Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the 2-15 2- $15c 1 1 3- $i'/2 t2c 2-10 2-15 2- 22 TO JAN. 28, 1943, INCLUSIVE Noon Buying Rate for Cable Transfers In New York Country and Monetary Unit 1-25* $10 JAN. 1-25 50c ; 7% 2- i— 3 3- (Interim)— 7 7o 2-15 30c 4-10 88c ——i— <quar.) 2-15 1 $23c 3-15 75c (quar.)—— common (reduced) Gamble 5 65c ——i.,— 1 $114 Southwestern 3-15 ? 3- firreg.)- preferred 1-15 2-15 4- 3- 2-15 preferred (monthly) preferred (monthly) prior preferred (monthly) **!*. prior preferred (monthly). prior preferred (monthly) $3c — non-cumulative, 1 3-1 1-15 Ltd.— 5% 2- 50c 50c 3-15 87'/2c —i,—_ Railway Co., 5% 50c ! (monthlyi__ 2-15 2nd non-cumulative, 1-19 1-19 1 2-15 5% 1 1 1 2-15 Southern 22- — 1 1 & 15c (quar.) 4- 1 (quar.) (quar.V_* 9 2 2- 3- Indiana Gas 2- 9 3- 3- preferred 2- $1 53c 3- 4.8% 1-15 53c 30c Southern 2-15 (monthly) (monthly) preferred $114 (accum.) common $38c (quar.)„ 53c 30c Power, A 1-30 6.36% 30c Canada 1- 6.36% (quar,)*. Southern 2-10 6.36% 6% ' 1-30 25c (quar.) 1-30 (quar.)—— - 2-15 2-15 20c common- (quar.)*. Edison Co., 1-18 1 2-15 1-15 preferred (quar,) 2- $1% 1 preferred preferred 1-15 1 50c (quar.) —- California 2-20 20c (quar.t**. preferred convertible Common 1 1 1-30 1-15 76c - preferred prior $5 1-12 2-1 50c L-—__ pfd. (quar.) Corp. of Canada, Privateer' Procter 2-1 2-10 214c preferred, (quar.)—_ 514% 1-15 $l34 u_ (quar.)., 1 $1.10 , prior Ang.t— com. 3- 10c $1 -^—4—*.—. Chemical, 2- $ 1 !4 Tool, class A 6% 6.4% preferred 2-15 c 1 common—*— 614% & 1-20 3- i— _i 1-21 — 6% 5 $134 —_i———. Canada, 1-20 1 3- Haven> (quar.) (initial)--——— of pref. (Del.7 $3" pfd. 1-15 50c preference A 1 2- J —— (Los 1 22- $4.50 pfd. (quar.) class 2- t $ 1 3,4 ' $214 Power, 5 30c accum.) (accum.) preferred Potomac Elec. 1-26 2- 75c (s-a) Edison, Potomac 5 $214 ——j.— 7% 1 1 1-14 2-15 2- $114 - :V- 2-15 f 35c - RR. 1-20 1-20 - preferred 1 1-15 Telephone, $1.40 class A (quar.)- Phillips-Jones Corp. Portland 1-20 : 1 Phillips Petroleum Co. (quar.)— Phillips Pump & Tank, class A Pilot Full Fashion Mills, 6Va% prd. (s-a)— Pittsburgh Bessemer & Lake Erie RR (s-a)Pittsburgh Nat'l Bank (Pa.) (quar.) 4 Portland Gas & Coke, 7% pfd. (accum.) 6% 2- 1-30 1 (quar.) preferred 1-30 : 2- Pennsylvania Power, $5 preferred (quar.)— Peoples National Bank (Brooklyn (s-a)— Peoria & Bureau Valley RR. (irregular)—__ Philadelphia Electric Co., common (quar.)— 4.4% 2-15 $134 (quar.)- Peninsular Grinding Wheel Peninsular r 2-15 — common 1 1 135c (quar.)- common (quar.) (quar.l Ltd., 2-20 3- 2-15 25c 1-30 2-15 2-15 (quar.)— pfd. Drill Class B 2- 15c 25c United Light & Railways Co. (Del.) 6% prior preferred (monthly) 25c Sterling, 2- (quar.) United 1-15 t$l% (quar.) 1-15 $1V2 Co & Co. 1-21 1 (quar.)T— pfd. 1-15 75c . $1.30 1 2- 15C I 30c Service 2- $1.05 1 37'/2c (quar.)— (quar.)— Public Parke " & preferred Corporation 6214C - 2- 1-30 1-15 ' preferred (quar.)—; Pacific Lighting Corp. (quar.)—: United 1 $ 15/a 2- 2-15 lfl'Ac 6% 1-21 2- 1 $$1V4 preferred (quar.)—— Steel Co. of Canada, Ltd., common (quar.) 7% preferred (quar.)———-*4%-—• Stein (A.) & Co.———4—„*-.L—— ■; 2-1 $1 V* Pacific Gas & Electric, 5% pfd. (quar.) 31140 5V2% preferred (quar;)—34%c Pacific 3 50c pfd. A (quar.) Preferred C (quar.)——; 5% preferred (quar.) Pacific Power l.rlS 20c ~s———- (Cal.) 1 convertible 6% 2-15 35c (quar.)— Extra 1*15 2-15 .' 30c (s-a)— phio Public Service. 7% pfd. (monthly)-— 6% 1-30 Co.— & Occidental Insurance Co. Ohio 7'/2c (quar.)—— 2- 2- 50c (quar.) $l'/2 80c California Corps., Ltd., 1-20 c $$214 (quar.) (quar.) 1 preferred Southern ..1-15 (quar.)—— common of 1-22 2- 12'4 (Mo.», United 13c York) (quar.) 3 . Co. Works, 2-22 58 VaC * (New (s-a) Co. 2- 67a 2-24 — Nunn-Bush Lamp Electric preferred 2-19 f 15c (quar.)— Southeastern Greyhound Lines, com. (quar.) 6% non-cumulative preferred (quar.) * 2-19 87'/2c —„ Oil (New Agricultural 6% 1-23 3-10 . Northern RR. of N. H. (quar.)--_—1 $l>/a Northwest Engineering Co.—50c Norwalk„Tire & Rubber,, common (resumed) ; 20c ' Union 3714 c — $3.50 Williams Company Smith 2-1.9 2-26 $10 (resumed) 1-15 6% 2- Illinois Northern 1 • Ltd. preferred Simpson's, 1-30 2-26 Corp. common——25c convertible preferred (quar.)-i_— 37V2c $1,50 2- (quar.)_ Pacific Power, 6% : 1-15 ■ 2-19 $10 !——— $5 — Shawinigan Water & Power (quar.)i Silex $lVa. Insurance Jquar., Union (quar.)'— common (quar.)— Dohme, Sherwin . * North Northern Tung-Sol 1-15 1-15 $l'/4 : First Nat'l Bank 2- $!'/< —_ 1-15 1 1 Corp. 15c (quar.) (quar.)_— 2-1 j——_ - $6 2- — Quarterly Security Insurance 1 (accum.)— — Transamerica 2- Corp., com. (quar.)_ preferred (quar.) preferred Security ; . preferred 1-25 2-10 41 % (monthly) (monthly) (monthlyu & Trust Co. 1-25 1 pfd. Company, common 1st preferred (quar.) 50c (quar.) Co.— preferred 2- (quar.)$1 $6 preferred 2-15 2- of Rec. 20c tic 5% 15c preferred Mills, . North preferred 7% 37V2c (quar.)4*.— common Flour raper $4 • Norma Hoffman Bearings Corp.— 7% preferred (quar.) , 6% 2-15 3114c . (qtiar.)— (quar.) preferred participating $414 1 2- 1st pfd. $6.50 preferred conv. $2 1-15 2- Shipbuilding & Dry Dock— $5 convertible"preferred (quar.)$1Vi Norfolk & Western Ry. Co.— ^ preferred Trane Schumacher Wall Board 1-18 News ad), 1-11 (quar.)— 7% preferred (quar.) St. Louis Screw & Bolt, common 7% preferred (quar.) ' 4% 1 (quar.) (quar.)— & 15c Newberry Realty (J. J.)— '6% preferred series B ' (quaf.)^---'.!*-—.'Si'/a '6Va% preferred series A (quar.).lLi-^lV----'. $1% Newport $1 $6 Whitehall RR.. 40c (quar,)—— pfd, Y. common convertible & N. Canada $1% (s-a)—-—_ * 2- Co., 50c Saguenay Power Co., 514% 1-23 2-15 $5' irregular)- 1 Trade Bank 35c — Paper Saco-Lowell Shops, ' 15c ' '■ (quar.)---L-!— Co. Merchandise .Co. $214 1-15 . 1 2- 75c ■ 1-11 (quar.)-. $2 preferred & Co. of Iron Rutland 7-31 2-1 $2 •; * __ — preferred Fire Insurance New York 1 ,$10 ' New 2- 133Ac $1.183/4 . (s-a>——-1 1 -*■: 8-16 Bank Rustless 1-30 $1 (quar!)—— pfd. 4-15 ;; Brothers, Inc. Royal 1-30 2-15 Light Paper preferred Roos . ■2-19 2-15 (quar.)- England Trust Co. 4-21 3-1 SIVt (quar.) 1-15 1 Co.— convertible 6% 17-23 10-20 25c Extra 1__!' New 2 Sl'A —_.— New Brunswick Eire Insurance (s-a)—— , ; 1 8- 1 •—^——— 5V2% Co., 5- 10-30 , 1 Incr 4%%' preferred Meter $1.50 Rolland 1-15 (s-a) 1 2- Hoiaert Payable (irregular)..* Mines Edison 1 (quar.) — Button Rockland 2- (s-a) Co. Tea Neisner 1-16 1-22 2- common ■ 1-15* 1 1 2-1 2-15 National Power & Light, $6 preferred National Savings & Trust Co.— National 22- 1 2-1 —' (Washington, D. C.) Extra Riverside Cement Co., Rochester $1 '/2 (s-a)-l Toledo $1 of 1-16 2-15 (s-a) Insurance 1-11 -—25c Type, Richmond 1-16 2c (quar.) 4-15 5- Goods— 1 10c B Dry 1 2c ' Co.—; Rice-Stix 2 2c. Amer. 1 2- (quar,)___^ 2- 10c of 5- Co. R.) Gold 35c common preferred 2- 2c preferred Co. A To burn $1.31 V4 Service 2- 75c (quar.)- —T preferred Class 2-15 1-15 15c (quar.i— Public 1 (J. " 50c —- (quar.)—-— Machine Island 50c tquar.)— (quar.)__ Products Welding preferred Rhode 5% 2- 15c Tobacco, (quar.) B Mig. Co., Thompson When thare Name of Company 1-20 $1% (quar.)- (quar.) 50c (s-a)__— ——1 National. Paper 5% A 6% B (R. J.) Class / ;*,__ (quar.); preferred Rheem 1-20 National Liberty Insur, National 514.% 1-15 1 A Per of R»n 1 15c (quar.) Copper & Brass, 7% pfd. Reynolds 2-10 1 2- „ preferred Revere 2-11 3- 1 1 Lead ; 2- 15c —— Extra 2-25 . 50c Class Lines Electric 1 Chicago t quar.$1 Mfg. (reduced)——— 10c preferred conv. 5% 1-15 of & National .1 2- 1-15 A Hoiaert 2- 15c iquar,) ' preferred Pavablt 5c (quar.) preferred 6c 1—' .1 Bank of New York National preferred B 6% 1-23 tquar.)„--_ (s-aj , Bank City 1-20 6% 1 (quar.) Blvd. *6% 1 Bearing; Metals (quar.) .AA—--——. National 2-15 5l)c preferred Co preferred 3 Fibres-^- Detroit of Battery 3- 2-1 50c Automotive there common-*.*-,.,. 1-23 2- Co Acme National Fund, 1 2- (Colo), series B_ Investors 6% 25c (irregular) Name of Company Republic 1-15 2• When fer of Ree 1 56'Ac 25c Paper, 5% 1st pfd. (quar.)—:— Electric 4y2% pfd. (quar.)__ Narragansett Nashua 2- SI t$ 1V4 lc (quar,)—" Developmt.:(quar.) Pavable Share ■ (quar.)— Rhode Island of Hoiaen Wtien rer •' 1 Morris 471 Value in United States Money Propper-McCallum Hosiery— $5 2nd preferred ; 5% 4 (accum.) of Colorado— Public Service Corp. preferred preferred 6% 7% Public Service 1 1-15 2-1 1-20 Official— 50c 2- 1 1-20 Free 5814c 2- 41%c —— Corp. of N. 6% 6% 8% 7% Citv Fire Marine & Co., 6% Income 50c . Insurance.—— preferred Shares— 5% preferred — (quar.) 5% Concrete Reading Co.. $5 Pile Official common Electric Mfg. (quar. Official 1-30 2- 1 1-15 Colombia, 2-25 1-26 & Engineering— preferred (quar.)— Co. (111.) (irregular) S Jan. 28 $ .297733* .237044* .237044* .237044* .237044* 3.228000 3.228000 3.228000 3.228000 3.228000 3.215033 3.215033 3.215033 3.215033 3.215033 .060586s .060586* .060586* .0"0586* .060586* .051300® . .051250* .051250* .051250* .051300s England, pound sterling— 2- 1-25 . 2- 1 1 1-15 1 1-25 .909090 .909090 * peso*..— .... .909090 .909090 .909090 .899921 * Free .899910 .900000 .900312 .901171 .572200* .572200" .572200® .572200''' ; Official. .572200* .909090 .901250 .572200* 4.0*5000 1 1-20 India 1 4-20 Mexico, 11- 1 10-20 2-1 1-20 2- 1 1-20 75c. 2- 1 1-20 25c 2-11 1-14 $114 2- 1 1-22 30c 2- 1 1-21 (British), rupee 4.035000 4.035000 4.035000 4.035000 4.035000 4.0-55000 Free 2- 5- 25c ' Jan.27 .237044s .0512754" $214 ■ $ .297733* .060586* > ... Free 50c : ■ .297733* Canada, dollar- $214 (quar.)— 26 Jan. ''' ■ 3.228000 ! .____*_ 2- $114 , (s-a)—: $ .297733* 3.215033 —— Fret; 2-27 15c _ — (quar.) convertible Reliance 2-15 25c, _ — preferred (s-ai preferred Reliance 2-15 3-15 13c Extra $3 3-15 Jan. 25 .297733* Brazil, cruzeiro— 25c Packing Co., Raymond 2-15 $ .297733* Australia, pound— $114 * - class A 3-15 }. .237044* — 25c (quar.)—__ — — Rath 1-15 $2.00 . Quebec Power Co, (quar.)— Railway & Light Securities, common—— 6% preferred A (quar.) Randall Co., 2-15 $1.75 — — Quaker Oats 2-15 Jan.23 $ : ; Official . OUakef 1-20 3-15 50c (quar.) preferred (monthly) TJ— preferred (monthly) preferred (quar.) 1 preferred (quar.)————. Quarterly 1 $1.25 J.— preferred $5 Jan. 22 Argentina, peso— (monthly)—— (monthly) preferred (quar.) 4.035000 4.035000 4.0'55000' 4.035000 4.035000 .301215 peso .301215 .301215 .301215 .301215 .301215 .205725 - .205725 .205725 .205725 .205725 .205725 Newfoimdland, dollar— Official .909090 .909090 Free .909090 .909090 .909090 .909090 .897500 New Zealand, pound Union of South Africa, pound .897500 .897916 .898750 .898750 3.227833 3.227833 3.227833 3.227833 3.227833 3.980000 *; .897500 3.227833 3.980000 3.980000 3.980000 3.980000 3.980000 , Uruguay, peso— Controlled— _i.*. Noncontrolled— •Nominal rate. .658300* .527775- ' .658300® .658300* .658300* .658300* .528025® .528025- .528025* .527775* .528025* Monday, February 1, 1943 CHRONICLE THE COMMERCIAL & FINANCIAL 472 Week Ended Jan. 23 1943 BANK CLEARINGS THE COURSE OF West compared with a year ago. Prelim¬ based upon telegraphic advices from the chief cities of the week ehded Saturday, Jan. 30, clearings from all cities of the United States from which it is possible to obtain weekly clearings will l>e 12.7% above those for the corresponding week last year. Our preliminary total stands at $8,234,627,488 against $7,309,070,263 for the same week in 1942. At this center there is a gain for the week ended Friday of 14.1%. Our comparative sum¬ York. 1943 $3,565,367,235 343,715,558 492,000,000 135,481,613 ; Boston - Kansas City - ■— 245,4/2,959 116,413,907 133,400,000 — 1942 $3,123,953,480 323.347.438 446,000,000 271,001,548 J™ —i - St. Louis I Baltimore Total (6 cities) 108,100,GOO + 14.1 + 6.? 4 , — 94,505,896 $4,920,421,196 +15,1 $6,019,686,676 1,289,383,587 $7,309,070,263 $8,234,627,488 +14.0 + 6.4 OF 763,725 19,126,000 + 5.1 25,685,312 21,359,047 ; 4,605,258 $ M 12 6 We 1,466,483 5.5 17,459,000 2,910,182 + 3.8 20,790,000 2,154,795 + 1,692,250 5.9 5,461,723 4,869,604 + 26.0 20,582,659 20,896,371 11.1 1,232,327 —21.9 7,766,209 6,979,942 + 916,188 5,237,695 + 10.0 444,435 —17.6 3,712,484 402,460 3,333,360 401,339,776 1,385,771 401,887,340 0,1 325,850,549 314,268,811 3.9 1,381,288 4,783,158 3.8 3,733,563 3,581,467 1,721,327 + 5.0 1,494,503 1,648,784 1,553,612 + 6.1 1,348,870 1,079,830 1,143,004 516,238,189 — (17 cities). 504,340,134 + 2.4 403,835,872 384,088,094 — 1,441,407 — — 307,257 940,701 Eighth Federal Reserve District—St, Louis— 154.800,000 134.200,000 + 15.4 98,500,000 81,900,000 Kentucky—Louisville 72,206,649 61,573,048 + 17.4 45,400,266 36,950,267 Tennessee—Memphis. Illinois—Quincy 41,411,015 39,591,429 + 4.6 31,282,696 21,157,297 688,000 684,000 + 0.6 455,000 480,000 —269,205,664 236,048,477 +14.0 175,637,962 140,487,564 Missouri—St. Louis Total _ (4 cities) — Ninth Federal Reserve District—Minneapolis- 3,827,198 Minnesota—Duluth— 2,432.886 2,508,763 ■„ 9.5 69,824,735 61,749,099 —i 8.9 26,964,491 27,629,539 2,921,694 3,101,075 5.8 2,438,424 1,966,427 1,151,886 —19.5 829,118 950,136 —25.1 777,246 599,309 4,102,001 1 + 38,234,026 711,492 —. Dakota—Fargo 95,739,204 34,825,314 927,442 —__ Paul. Total + 21.0 3,164,077 104,794,445 3,815,716 +. 7.5 3,021,058 2,419,080 152,109,586 Minneapolis— St. — 146,156,120 + 7.5 106,287,958 97,541,019 — , (7 cities) — 668,802 Tenth Federal Reserve District—Kansas City— 255,668,451 3,000,601,653 390,455,055 Lincoln 296,841,212 Omaha. + 13.0 + 20.7 203,882,123 2.4 403,835,872 164,763 Nebraska—Fremont 166,839,945 + 384,088,094 130,475,678 105,952 78,354 91,015 + 55.5 3,185,592 3,081,772 + 3.4 2,259,211 2,028.626 58,288,718 —— 43,711,524 + 33.3 32,638,688 27,941,807 2,672,013; —26.5 2,559,544 2,158,661 7 1,964,815 —. 4,906,024 4,500,932 + 9.0 3,031,160 2.677,829 —170,849,152 St. Joseph 5,702,725 Colorado—Colorado Springs. : 815,561 142,212,920 + 20.1 106,779,971 81,085,872 + 20.5 3,480,794 2,745,983 + 56.3 481,737 495.043 Kansas—Topeka——_— Wichita Missouri—Kansas City 140,487,564 14.0 175,637,962 + 7.5 106.287,958 97,541,019 + 21.9 151,984,866 Pueblo— 106,043,240 + 7.2 79,036,096 119,822,266 71,642,432 364,262,438 .+ 7.4 271,201,883 236,530,483 Total 7,948,943,550 7,634,991,062 3,593,937,596 + 4.1 + 9.0 5,942,717,716 2,784,788,376 5,290,993,852 2,398,200,944 422,177,556 + 29.9 364,954,239 258,675,045 548,234,695 now add - detailed statement showing the figures our ... i (9 cities) 4,732,151 521,611 663,383 643,695 + 3.1 662,746 610,086 246,540,733 202,182,570 •+21.9 151,984,866 119,822,266 —— ? Eleventh Federal Reserve District—Dallas— 5.9 1,473.667 1,548,063 Dallas 92,437,615 85,831,899 + 7.7 63.441,000 58,077.063 11.115,827 10,131,184 + 9.7 7,194.698 5.713,785 2,775,000 2,611,752 1,820,016 1943 1942 $ Clearings at— Jan. Inc, or Dec. % Maine—Bangor Lowell 990 156 — 344,112,215 3,031 810 312,941 769 ———_— 875,357 898, 766 433,454 434 103 1,134,026 878, 694 4,059,582 3,599 114 2,571,154 2,826 300 13,343,488 20,348 488 7,229,073 6,209 218 12,253,400 15,213 ,000 560,275 580 950 390,485,393 367,952,368 3,310,610 ' Fall River Li—w-u.' —— New Bedford Springfield — — — Connecticut—Hartford New Haven .. — Worcester , .—.——. 6.3 2,146.000 2,275.000 + 1.9 99 V,766 1,074.100 — 6.0 3,788,965 1941 $ Total 1940 (6 cities) ... 2.954.410 113,643,079 106,043,240 + 7.2 79,036,096 71,642,432 $ Twelfth Federal Reserve District—San Francisco— 597,759 Portland + 1,119,439 4,630,367 23 First Federal Reserve District—Boston- Elassachusetts—Boston... + 1,140,317 — Wichita Falls Louisiana—Shreveport Ended 1,718.599 4,354,304 Galveston for each city for the 23 for four years. Week . Rhode Island—Providence Hampshire—Manchester Total 1,701,614 + Fort Worth week ended Jan. New + 29.4 1,807,596 1, J— Springfield... 146,156,120 32 cities Canada ^ + 32.9 2,385,793 4,601,379 . Texas—Austin r 2,347,332 26,318,000 5,760,156 366,282 — Peoria— 448,575,981 217,762,401 262,591,614 504,340,134 3,917,079,547 1,568,271 1,304,154 3,021,295 Rockford 289,910,756 377,530,124 167,838,496 + 595,609 3,254,065 3,087,099 3,118,899 Illinois—Bloomington Chicago 1 ; Decatur—.... 3,266,995,599 + 236,048,477 667,012 3,987,545 27,769,000 1,487,353 0.1 14.4 8.7 + 14,420,981 Total 166.S3ff.945 + 19.1 429,831 3,640,714 1,652,417 6.1 — ,' : . ... City— 3.1 ■■+ 467,123 4.337,202 j. 11,314,875 Sioux - District—Chicago— —i 8,135,219 391,152,207 cities 110 Total 203,882,123 25,195,755 202,182,570 «< 10 +20.7 8,617,116 152,109,586 <1 262,591,614 316,927,414 . 31,739,419 246,540,733 113,643,079 « 9 . 183,782 39,705,745 $ 465,746,212 269,205,664 M 7 186,668 45,653,732 Iowa—Cedar Rapids Des Moines :. 1940 574,381,405 516,238,189 <« 4 . $ + 316,927,414 + 47.1 +19.1 - Bend Helena 246,159,993 U 162,648 58,756,902 Montana—Billings. 532,925,178 <1 17 . 1941 % I Terre Haute 592,194,258 *< 6 10 . Minneapolis 367,952,368 4,187,524,083 <( 7 . Pth 390,485,393 It 10 , . Dec. v — Wisconsin—Milwaukee—— time of going to press. Inc. or 1942 4,181,361,856 12 cities . — 1,946,158 2,418,094 + 41.3 3,260,084 239,214 *70,000,000 .. Orleans (10 cities) South CLEARINGS $ York 1,323,808 37,191.943 Indianapolis by Federal Reserve Districts: 1943 New —10.2 39,101,456 Indiana—Fort Wayne.. +12.7 Week ended Jan. 23 Federal Reserve Districts 2,299,075 60,100,000 1.374,970 1,488,895 North BANK 17,508,192 72,700,000 28,034,000 South Dakota—Aberdeen SUMMARY 20,811,183 + 31.6 Lansing—.; . Reserve District 7.4%. a summary 4,772,326 15.3 + 19,6 + 45.7 Grand Rapids— against $7,634,991,062 increase of 9.0%, the bank clearings at this centre having recorded a loss of 0.2%. We group the cities according to the Federal Reserve Districts in which they are located, and from this it appears that in the New York District (including this city) the totals are smaller by 0.1% but in the Boston Reserve District the totals are larger by 6.1% and in the Philadelphia Reserve District by 3.1%. In the Cleveland Reserve Dis¬ trict the totals show an improvement of 14.4%, in the Richmond Reserve District of 13.0% and in the Atlanta Reserve District of 20.7%, In the Chicago Reserve District the totals. register a gain of 2.4%, in the St. Louis Reserve District of 14.0% and in the Minneapolis Reserve District of 7.5%. In the Kansas City Re¬ serve District the increase is 21.9%, in the Dallas Reserve District 7.2% and in furnish 5,580,431 + 94,600,000 1,620,604 Michigan—Ann Arbor—,— and complete results for the week previous—the week For that week there was an increase of 4.1%, the aggregate of clear¬ Boston + 53.1 6,617,485 29,858,873 28,224,000 Total ings for the whole country having amounted to $7,948,943,550, in the same week in 1942. Outside of this city there was an 2d 130,475,673 2,132,075 . able to give the final 1st 167,838,496 41,126,623 ... Mobile. + 13.8 1,099,265,480 and the Saturday figures are not available at the following we +13.0 36,799,557 10,128,809 Mississippi—Vicksburg. Accordingly, in the above the last day of the week in all cases has to be estimated. In the elaborate detailed statement, however, which we. present further below In 217,762,401 34,428,787 — Louisiana—New Complete and exact details for the week covered by the foregoing will appear issue of next week. We cannot furnish them today, in as much as the week San Francisco 25,335,360 19,823,434 Alabama—Birmingham our the 69,502,053 +24.1 161,316,858 $6,862,189,573 . Total all Cities for week— ended Jan. 23. 88,680,492 3.1 + — 113,100,000 2,065,192 Macon +23.4 128,926,658 173,384,000 1,372,437,915 Total all Cities, five days All cities, one day are 1,306,509 9.0 2,178,706 ; Seventh Federal Reserve Other cities, five days,— we 2,496,000 36,908,386 1,687,636 117,420,103 * Augusta— +14.7 + 15.6 + 19.1 1,265,169,630 Ten Cities, five days {■ ends Saturday 3,661,000 47,919,032 554,976 Florida—Jacksonville + 10.3 +10.4 + 17.4 $5,597,019,943 - } in 9.9 + 32.4 + 11.2 246,159,993 „. Georgia—Atlanta 117,248,315 - Cleveland r + 2,422,597 District of Columbia—Washington— %' 153,543,287 Pittsburgh „, - 198,812,000 186,450,387 —; San Francisco— \ 4,866,000 55,631,056 127,973,086 35,669,245 Maryland—Baltimore Nashville Philadelphia | 22.7 South Carolina—Charleston by Telegraph — Chicago + 5,348,000 Tennessee—Knoxville New $ 439,296 866,979 Sixth Federal Reserve District—Atlanta— Ending Jan. 30 Week $ 73,683,305 Richmond for the week follows: Clearings—Returns 1940 1941 Dec, % 1,063,760 Virginia—Huntington Virginia—Norfolk. inary figures compiled by us, the country, indicate that for mary Inc. or $ Fifth Federal Reserve District—Richmond— this week show an increase Bank clearings 1942 $ (12 cities). —39.6 556.736 464,344 Washington—Seattle 9.2 1.929,284 1,853,452 +10.0 250,541.401 219,203.104 2.6 735,019 716,325 0.1 414,015 327,717 29.1 656,957 550.427 + 12.8 3,347,658 3.476,427 San 9.0 2.174,331 2,224,145 San Jose —34.4 11,171,448 10,069,366 16.4 5.030,567. 5.004,986 —19.5 67,100,476 0.1 + 19.2 921,240 36,573,203 734,061 + 8.5 38,330,582 29,401,387 + 17.7 17,731,998 15,347,116 + — 44,351,219 11,365,600 255,668,451 67,039,270 Francisco + — — + — + — 3.6 12,790.100 563,240 + 6.1 289,910,756 1,191,454 4,018,022 214,527,323 196,982,000 3,865,397 3,636,347 3,550,028 8,1 3,836,084 —24.6 3j265,397 2,693,183 + 8.9 155,577,000 142,485.000 + 6.3 3,153,026 2,699,693 1.145,324 1,076,757 (10 cities) cities).— f 110 Outside New York —28.4 1,396.128 3,224,142 + 24.7 2,639,209 1,901.488 364,262,438 7.4 271,201,883 236,530,483 7,948,943,550 3,917,079,547 — -— 1,503,941 4,019,114 391,152,207 Stockton- Total 6,757,019 3,030,219 Santa Barbara— Grand 24,614,996 7,304.339 Pasadena Total 55,426,132 28,962,232 California—Long Beach——. 412,558 999,363 60,136,102 Yakima Oregon—Portland— Utah—Salt Lake City 7,634,991,062 + 4.1 5,942,717,716 5,290.993,852 3,593,937,596 + 9.0 2,784,788,376 2,398,200,944 + Second Federal Reserve District—New YorkNew - York—Albany— 6,650,818 ——. Elmira 6,010.857 10,489,749 + 2.1 1.133.276 9.9 36,500,000 35,000,000 883,639 + 13.1 638.190 476,617 + 38.2 902,276 812,587 0.2 3,157,929,340 2,892,792,908 1,201,472 New York ; r_ 4,031,864,003 Rochester— 4,041,053,466 10,261,113 5,848,300 10,925,595 6.1 8,471,052 +11.4 4,937,526 + 3.6 3,630,622 — Syracuse . ————. Connecticut—Stamford— — — 394,843 363,880 + 8.5 5,730,752 335,057 25,160,945 21,955,212 + 14.6 17,896,793 33,766,136 31,594,525 + 6.9 26,510,480 4,181,361,856 4,187,524,083 — 0.1 3,266,995,599 (12 cities). Montreal 417,120 Bethlehem 638,632 749,672 Chester 534,607 494.192 Lancaster 1,422,892 1,261,080 1,410,954 561,000,000 1,265,203 2,193,726 2,398,511 579,000,000 Philadelphia Reading ... Scranton Wilkes-Barre 1,183,310 2,063,591 York + 1.0 455,747 0.3 8.5 1,035,160 + 14.3 1,648,907 + 25.1 1,012,974 1,384,130 2,933.900 33.4 35,185,277 29,609,842 + 25.6 17,577,641 15,802,094 + 22.8 31,923,457 15,038,557 4,126,141 2,494,083 5,899,791 2,984,299 Hamilton 7,492,467 + 4.6 5.833,081 6,250,043 7,163,104 6,899,951 2,820,448 2,290,015 + 2,009,281 2.127,630 — 5.6 1,944,409 3,208,930 2,890,096 + 11.0 2,523,461 2,085,724 6,547,041 5,933,451 + 10.3 4,386,891 3,415.036 5,410,581 3,956,782 + 36.7 3,514,275 3,019,929 475,277 683,088 430,318 + 10.4 320,157 654,278 + 4.4 428,324 1,754,466 1,678,057 + 4.6 1,241,749 ■— Calgary — St. John • : 390.031 Edmonton — Brandon— — + 19,549,182 46,153,771 4,376,048 Regina— — 38,572,145 24,552,364 9.1 399,684 1,192,785 437,000,000 1,371,613 2,159,279 $ + 316,861 3.2 73.169.596 +15.5 634,855 .0.8 101,347,154 3,734,552 430,698 + 83,046.144 35.3 5,289,628 8.2 + 130,455,060 + 4,074,685 •— —14.8 + + 37.3 120.511,394 6,108,932 Quebec. London 412,816 1940 $ Halifax District—Philadelphia— Pennsylvania—Altoona. 1941 137,255,589 51,454,665 — 392,972 Victoria— Third Federal Reserve Dec. % $ 56,655,198 — — Vancouver——— 3,000,601,653 Northern New Jersey 21 188,383,875 —— Winnipeg— 25,770,401 : Jan. Inc. or 163.055,087 Toronto 17,107,409 Jersey—Montclair Newark Ended 1942 $ Canada— 4,299,665 6,882,265 1943 8,672,527 5,251,775 7,128,237 ... Week 1,156,196 + 869,494 Jamestown Total —55.0 1,357,756 51,600,000 999,732 — Buffalo New 14,786,476 1,386,257 56,700,000 Binghamton 1,060,851 — — Lethbridge— 380,000.000 Saskatoon 9.4 6,327,658 2,183,305 2,126,938 1,231,109 Moose 5.1 1,021,082 + 3.5 Fort William 1,042,008 + 7.3 895,263 816,131 833,117 2.0 670,444 341,232 285,411 + 19.6 263,178 228,550 396,667 Y. 1,177,606 443,846 846,236 1,117,737 1,608,432 610,795 Brantford 719,908 1,056,921 + 2,211,889 797,420 1,100,210 New Jaw —• : Westminster — 684,729 : 4.831,779 23.2 — — 868,477 •• 555,659 , 676,174 180,751 3.966,000 574,381,405 —12.3 + 3.1 448,575,981 - Medicine Hat 871,819 804,542 + 8.4 571,424 525.393 Bherbrooke— 1,157,489 1,073,025 + 7.9 708,714 630,037 i 1,676,562 1,349,291 + 24.3 1,070,687 Windsor 3,479,300 592,194,258 (10 cities) 390,455,055 Kitchener Total 2,947,000 Peterborough New Jersey—Trenton— 4,752,248 3,650,028 + 30.2 507,917 460,973 + 10.2 1,179,987 1,284,314 Fourth Federal Reserve District—Cleveland— Ohio—Canton 93,322,678 9.414,200 0.6 10.7 178.723.282 131,229,826 3,111,418 104,227,014 87,678,835 + 18.9 191,825,983 163,585,336 + 17.3 Columbus 13,771,300 11,583,900 + 18.9 Mansfield 2,061,566 2,645,380 —22.1 3,479,764 3.500,002 — 214,448.133 193,734.042 Youngstown — Pennsylvania—Pittsburgh Total (7 cities) _ i LLL-— -' f 3,018,717 + + Prince Albert 1,973,073 2,883,601 68,251,312 114,107,888 10,333,500 2,155,715 3,074,826 Cincinnati Cleveland 3.1 532*925,178 7!' 7 465,746,212" -'+114.4' -I Moncton 57,246,731 — Chatham Total — — 1.3 5.7 532,662 529,112 8.1 — 794,594 464,492 (32 cities) i:: i ,*Estitnated. - , 11;:" L f "V ■» •" 714,086 508,508 ± 40.4 464,929 859,480 4-16.8 755,116 417,433 987,206 548,234,695 — Sudbury . 763,852 667,253 920,601 2,311,654 292,707 3,261,355 389,204 761,033 600,953 1,003,411 Sarnia 2,165,863 753,578 629,241 Kingston 1,488.841 2 377,536,124 " '! 296,84i;21Z — 422,177,556 29.9 364,954,239 258,675,045 + Volume Number 4147 157 THE COMMERCIAL & FINANCIAL (Continued from page 440) "Every G-E factory but of Balance » .Assets— ♦^onds Real and stocks estate Premiums Cash $$3,671,125 7,500 90 days —257,903 398,025 accrued—,—A—rT.'—'r-—- deposit and in office 10,265 source."—V. premiums A_A process in for 509,813 Reserve for all tContingency and other reserve 25,000 A—-A,—— *Valuations 30,880 total values values at carried based $398,675 in in Dec. on ——AAA- 2,242,461 $4,482,404 $4,596,860 21, stocks 1941, market quotations. and 1941 bonds and all assets for $407,051 in in 1942 owned and of of this of $563,100 road, when above statement on Sales It a that there are 76 stores ago.—V. 157, p. 41. year A Fort Worth dividend of Stock 25 Other $120,566 stock, payable Feb. 1942 were as Oct. Int. been other •" Dividend— declared the on and dividend of $2.31 share per has been the declared .Net sales the on 5% 1942 . A_AAa,—A- and in 182,632 170,273 5.255 353,198 53,000 64.955 -• taxes- income —A-i—AAA...:A-A-A-APrevious -surplus A—^-.».wA.^AAAAAAA- on of at June as ■"Deficit.; 30 1939 Balance $271,897; customers' $476,926; S. contracts deposits and of $1,829; patents, total, and processes $2,597,817. ■ designs, A. . receivable at ; value at A:1 Earned ♦Total capital at sales stock, common Feb. 11. since V. of 10 no cents, per value, par similar A December, share has been Cash at end of payable distribution when 1927, 156, p. 1606. ' Feb. made was holders to Nov, on quarterly a 25 24, 87V2 of the on AAAaAAAaA A '.:'A • ' ' Capital Earned first *♦$6 "A last (A Feb. date 1943 of closed to shares Investors 1943, its of the transfers redemption share each declared been to 1 holders the on of Jan. $6 .V: 'A value, t$89,442 $354,680 was Aaa' Balance less Sheet, preferred books of the stock stock. On N. Y.—V. 157, p. 220. Genera! American Life Insurance Co., St. Louis, Mo.— Mutualization Progressing— Substantial recorded $200,040 out in -the progress Dec. when of its 1942 board -The directors of earnings to stock, Walter W. Head, President, retire of program on Jan. 19 : adidtional an this company appropriated 3,334 shares of announced. mutualization plan calls for retirement of all out¬ standing stock and the eventual transfer of company ownership from stockholders to policyholders; The June, and additional representing when shares 3.334 the 62.75% program of the brings the made was 50,000 total number effective, shares retired 31,377 to outstanding at since shares, that time. used for stock retirement are limited to surplus earnings and profits, which, had the mutualization program not been adopted, would ordinarily have been available for dividends to stockholders.—V. 156, to The . 802,098 865, 253. lX357 at $5,026,300 $5,462,916 aggregate balance to the at 33,769 2,391 3,963 of to shall Coach be Corp., Mfg. 1570,000 Truck 7% new corporation and head at engineers Chemical of Corp.—Opens New Laboratory research laboratory has Easton, Pa., with working Director the and Shell Union under been staff a the of direction Vice-President Oil placed research of 50 of the in operation this physicists chemists, Dr. E. C. and company, laboratory.—V. 156, p. by Williams, formerly 1863. t Aviation Business— ..This company's aeronautical business is now What it has ever been previously;" accompanying quarterly dividend checks. "several it was stated *• on Jan. thousand 25 in a times report — 1941 1940 1939 $957,835 $865,306 $872,760 77,358 92,985 88,484 share 1:89,442 205,472 1931, amounts as shares at based the owned Oct. at after stockholders corporation at transferred was from to shares $67876~41 |§543,862 t544,50O 540,823 679,361 * , ^Consists of $543,843 paid in cash and $19 shares at par value of $1 per share). , (19.272 cash paid ■; account on $4 and ■■ . the paid on of assets of stock common debt, the while The *'Consists arrears. 'Aa . net $3,632. Dec. at equivalent the similar were 31, stock share,* ,/A' , corporation preferred (4.004 of 1942, asset coverage rose Balance Sheet, Dec, 81, 1942 in banks, total, $398,752; investments in $16,112,517.—V, 156, p. have declared the on have The $6 U, S. Government , the preferred meeting capital without stocks which such preferred The 15 156, p. $6 made offer value corpo¬ stated are dividend had The offer acquired in in proposes exchange turn, will that for be the in preferred been assets common distributed of made by & of Yellow by Coach latter stock of preferred Motors Yellow stock Corp. Truck will be B entitled stock, common class or to and common receive one share of General Motors com¬ General Truck receive a & 2.7 holder stock common stock, and all of the issued of Yellow must Truck be & Coach approved by Mfg. a Co. and This majority of payment, stock. means, B in Truck & Coach a disposition of approval assets, of Yellow Yellow Truck Truck & It and share, per A to no including a■ A7.,7' ;AAA7 $61.50 : <•. share,— per "'"AA A- X7.: 77' $65,001). extra Like Feb. dividend $10, amounts and 1 1, cents of payable in the 50 percents Feb. disbursed were Aug, 15 of dividend both 1 to 1941 and A:: 77-;,a77 AA t 2 ! Feb. on years v. 7' A is have 15 of par 25 cents ' amounts Dec, each; per See share payable 1942 and 15. of payable were also were Dec. 1 follows: as 1, 50 V, 156, share per 15 to year on holders ! of April 3, on 1607. p. Dividend to declared holders March cents.—V. cents last has been March 50 March paid Co.—25-Cent cents value, . Payments during 25 and dividend a value, par Gossard dividend no declared 157, 2, of the on record June 1 common Feb. and 11. Sept. 1,y 253. p. Great Lakes Dredge & Dock Co.—Extra Dividend— The directors ahd Jan. 29. During share per in 15, the Jan. on 20 declared an extra dividend no Nov. on to 14 and four a year-end regular 1952., : A A'-/; dividend quarterly •',':A. of Greif Bros. Cooperage Corp. general administrative deductions Canadian State refund on cent Dec.; seach. 1941 55,208,717 $2,835,650 281,805 379,069 982,553 expenses— 828,508 $3,847,095 139,541 $1,725,337 ' ,A_——— _—a. $3,986,636 $1,833,734 surtax—__— 452,738 564,082 2,T25,000 381,874 — income Postwar 25 • 1942 income Other Net and profit ;■ (& Subs.)—Earnings- profit A-AA—w-A---—Ai.—AaA„Provision for depreciation Total cents per cents of A Years Ended Oct. 31— Operating 75 payments 7 X A;;V"' A Gross Other 25 par addition 156,'p. Selling, of regular quarterly dividend of like amount on the com¬ value, both payable Feb. 15 to holders of record AAA Av"-V■A,'a. ■ ■ '6 A a the year 1942 the company paid an extra of 25 cents stock, mon — income profits tax income of adjustment for and taxes—. taxes—_— excess profits A 56,030 Cr35,600 taxes prior years—— —a_ 108,397 214,131 325,000 97,636 Cr524,465 com¬ of Co. $60,325 semi-annual par A1 :- no excess not meeting held Mfg. 1943—2 Weeks—1942 $33,200 . an usual 20. Like normal effect, stock stockholders Coach since stock, Distribution-* quarterly of $1.50 a ~ stock, on 1. Federal Jan. 27, approved the submission of this offer to its stockholders their annual meeting to be held on May 13, 1943. and recommended favorable action by the stockholders on the offer. The offer pro¬ the Jan. stock, Federal at pending 5.. account on preferred Manufacturing Co.—50-Cent Dividend— March Net profit Dividends Earnings Mfg. Co., at the 1942, and 156, p. 342. of by General Motors Corp. Yellow quarter 1943,- amounted declared to capital record be will outstanding class Dividend— Feb. 1943—Week—1942 1, 15, Sept. —V. an record each $30,825 have directors stock, the 1416. that 27 Jan. holders'of to been convertible ' the on (II. W.) surplus; the 344. common June held by par of stocks 2131. dividend of $1.50 per share a cumulative previous addition of record share deducting 670 shares of on which, directors of proposed Cr5,843 / $6757482 $803,812 paid in cash and $5 paid in common stock value of $1 per share). tDoes not include $90,750 was directors in Aug. the AA.^Aa'A'A a represented Corp. to acquire all the assets of Yellow Truck offer that A- *544,319 $1,000 of bank Gorham 15, on vides 75,290 6,554 29,643 on $2,978,770. was record cost. of which to retirement.—V. General stock 7,423 ( Cr6,750 revenues p. 1940.—V. and subsequent cost. per investment list at the changed was amount outstanding class B that ''' ' $627,736 payable Feb. share per $5,462,916 and mon 75,687 (13,729 1,902,361 . 1941. holders condition of the offer that it be approved by two-thirds of the outstanding preferred stock, two-thirds of the issued and a 10,209 Georgia Home Insurance Co.—Extra Dividend— The 35,373 made issued 73,206 11,951 2,091,913 1941 amount V. 157, §669,886 to The General Electric Co.—Growth in ; 66,989 Co. to its stockholders in exchange for their stock in that to the offer, a holder of one share of Yellow shares 220. 70,387 $90,720 in 31, per 15, 2,058,898 value of-$0.10 each. cumulative of shares in 1942 Period End. Jan. 14— 2,084,143 : According company. p. **589,742 stock $9,122,930; like 2,369,000 Dec. 31, 1941, stockholders of **670 of $2,011,140 amount Manufacturing Co. Motors above.—V. inv. par paid Operating 99K 2,369~000 average value and. at payable capital stock sheet, General Motors pany 157, incorporated $775,965 made on July 1, 1931. Arrearages as at Jan. 2, V. 157, p. 220. 7 •; A 7 Dr20,066 authorization the announced was Co. was $61,080 33,769 General Motors Corp. — Offers To Acquire Assets of Yellow Truck & Coach Mfg. Co.— It are Georgia & Florida RR—Earnings— $34,762 ; Dec.. 31, ^Deficit. shares. 1942, the par of Co. $544,314 at value). value, of payment was postponed by the board of directors. by 22,320 shares $6 dividend preferred stock and 210 dividend preferred (no par) stock. SRepresented by purchased for three General Aniline & Film of coverage Nov. 1,798 — market $3,029,683 dividends common excess to the details of the contem¬ and approval by the Mfg. div. of accumulations par 14,563 1,541 entitled A of 2.600 ration outstanding at Dec. 31, 1942, would be entitled in voluntary liquidation is $1,833,000 (before adding accrued dividends), or $1,283,100 in & ami regulations, Coach General Steel Castings Corpc—Accrued $4,338,090 A — books on established was par shares of Funds p. stock The directors 1941 $4,641,857 treasury.-. carried difference the wide a $78 to $87. ment, of the also, company's 1936, ' , —>L—— ■ 31 i7. investments the 2, now enjoy shown preferred and common stock outstanding on that date was reduced, in the aggregate, from $2,754,029.46 to $742,888 (namely, to $30 per share of preferred stock and $0.10 per share of common stock), the mutualization no not Truck will Liabilities—Dividends payable, etc., $26,106; due for securities loaned cash, $29,600; due for securities purchased, $52,369; reserves taxes, etc.. $10,336; bank loans due Dec. 30, 1944, interest 2% per annum, $3,000,000; preferred stock (90,750 shares, no par), $2,268,750; common stock ($1 par), $1,602,427; surplus, as per state¬ which March shares transfer corporation will shares called for redemption. The actual the accrued dividend, will be $101 a share. 46 Wall St., New York, of $5.50 cover taxesj , ' 674,312 depreciation) in are Note—Pursuant and will be due and payable on Feb. 27, 1943, on for redemption at The Commercial National Bank shares products Corp., for expenses, Dec. .31. that \ '' A'A;/AA A A-1942 payable—— values ^Represented on price called than A. • 10 cents)-— stock 1942, On heavy-duty is Yellow securities, at cost, $750,251; investments in other securities, $14,894,812; receivable for securities sold and called for redemption, $9,382; divi¬ dends and interest receivable, etc., $33,213; special deposits for divi¬ dends, etc. (contra), $26,106; total, $16,112,517. $205,472 investments ' at ^AAA^AXA^i^)-AeA-^--A---A':^5'026'300 669,886 Co., Inc.—Redemption— cumulative 161.961 _AAl . 1937, of Motors 65,891 Assets—Cash $55,167 11,656 AAAAXA-*XX;AA-A (par pfd, 31, and company , ' A-----A~A--<-~-A—y surplus A-aa «u;AA>i—— tRepresents & Wire taxes—) include Dec. $3,115 A: Aa—~ *$150,305 Ai— A ■ stock total Dec. 26. of the & Trust Co. of New York, was The common record has redemption price, including The Feb: called for redemption for the sinking fund on at $100 a share and accrued dividend to the redemption 2,000 after,Jan. 24, be share has per payable American company 27, cents & —- common par $55,167 6,719 AAA—AAA- iA.i-.-AA-A credits written-down with 50 cents each paid on April 21 and July 21, on April 1, July 1, Oct, 1 and Dec. 23, 1941,—V. 155, AA'^AAAA 'A'', A,',,- A A^-A'A' :lX;A y^/A'A i A General The 25 value, and year, 1599AA p. of par no compares General with Truck account of. arrears. not asset , Steel sale on in to ''' $115,471 surplus Total medium latter : other pref, loss and Mercantile Laundry Co.—25-Cent Dividend— dividend Stock, This & $589,738 paid.— "'Aa> AAA say: stockholders conditions relating A income from 150,305 debentures, 5% due 1953 : stocks A-AAA---AAA AAAAy div. of and the the whose compliance — on :A ,r dividends ; coach which prior year's A-—_——.; A paid 10,759 >' hand on (less payable ♦Investments Galland in time, of paid *44,403 265,776 depreciation' of 'AaA yA accrued Unadjusted ... to on Shareholdings Corp.—Earnings— stock cum. §Does $41,554 - A net. market a t Preferred ■ A motor . Taxes ' Yellow ... goes A ■ expenses inc. Net $35,378 13.613 - A the was ■-11 *Consists $26,029 A'v. Liabilities—A record of 1942, cents class $6 A'-—.— and „ Refund ' ■ 55,167 year)_: 1941. equipment Common the on - Fed. of Net 8,806 . , banks and Accounts outstanding Since further corporation Yellow American At deposits ;A-AA-A A.-AAA A-A,'< Dividends and accrued interest receivable Office the Years End. Dec. 31— $1 investments'A—--A——AAAAA in and shares, against (deficit unrealized 31, issued 715,260 100%>, of tho issued and out- or who receive stock in exchange for stock, and is subject a ruling from the Bureau of Internal Revenue con¬ of offer,"- Capital the $35,378 A--»— securities tDeficit: Preferred declared AA $2,058,898 year____ of a terms (5.46 shares beginning of-yearAAA'.-A—A A on combined stockholders transaction, Interest- 1940, prices Special Gabriel Co.—To Pay 10-Cent Dividend— dividend • 1941 changes of Coach of General 2,011,141 tax applic. to prior years end 71.9%, of Yellow, therewith. See and Convertible A in which on market year——-- year) owns shares, Mfg. Co., Further Expansion— , 3,530 . 796. p. those -A' year— Comparative charges, . receipt General $1,073 1941, capital-.- surplus at end of year—— Assets— notes, $46,467; provision for Federal and State income and profit taxes, $354,500; deferred accounts due to officers, $26,500;; 154, Dec. at five-year registered income notes, $774,442; accrued interest on fiveyear registered income notes (payment deferred), $92,933; preferred 6% non-cum. stock ($10 part, $512,990; common stock ($1 par), $18,850; capital surplus, $359,509; earned surplus, $127,514; total, $2,597,817.—; V. in average ———1 A- A---~A-A—A— .■ at based 1942, reserves), miscellaneous Liabilities—Note payable, $71,129; accounts payable for material, ex¬ etc., $198,122; reserve for commissions, $11,861; reserve for completion of contracts, $3,000; accrued interest on five-year registered excess the 171,193 $35,378 of or also range. "Certain $28,204 ;y ' . & shares, It 800,000 stocks. same as in stockholders 16,225 123,867 than the purchased of beginning of of Note—The (less A. $9,584 (other at 'A cost over end (current Balance penses, income loss: Net loss A: deferred the v 1 $44,408 1942, in the Co., its stockholders to $170,333 1942 pfd(1 stock surplus Balance indebtedness, $47,000; $500,000; A, A V 8,727 $152,071 123,294 stocks the and predicated upon the opinions of the attorneys for thf? Involved, that no Federal tax liability will be incurred foregoing exchanges by Yellow Truck & Coach Mfg. Co., or bv the 32.365 12,379 ♦Profit, of in in At Mfg. diversified 36,614 19,923 6,904 123,162 Corp. interest an $255,538 • 1 of common manufacturing fields, Coach 26,953 34,353 $167,701 t Truck and represented. Security profit surplus- accounts receivable, $6,956; inventories, $638,183; prepaid expenses, $7,191; marketable securities, $9,922; other investments, $14,761; prop¬ erty, plant and equipment (less reserve for depreciation of $723,761), $578,151; 1,804 B Motors truck in $215,074 . div. Balance 1942 material, 20,120 $11,374 N. Y. stock transf, $107,475 AA.; accounts purchases on $487,023 certificates Treasury 28,786 received stated Balance *28,389 A Sheet, June 30, U. :> 16,988 $223,511 declared), $6 Expenses $135,864 107,476 A ^••■... ...... Assets—Cash, $45,000; 1- —- Net 31,376 $379,547 ■ Surplus 4,050 $109,549 ,v Yellow of stock, 50.5% or class stock. B that company. official announcement eral 31,513 18,912 class 103,450 owns preferred acquisition of the assets of Yellow Truck & Coach Mfg. Co, by General Motors Corp. will result in a direct participation by Gen¬ $197,071 27,886 Corp. "The 1939 17,672 225 n in corporations 1940 $158,150 that acquisition. the The value $180,415 *$13,613 2,032 Provision for Net market contemplates the "The offer is 1941 computed dates received. A. >; Balance Selling, general and administrative expenses.— Miscellaneous charges (net) ft.--—----Sundry charges (net) applicable to prior periods income of Earned surplus (accum. since Jan. 1, 1932): Income surplus: ' A-;;/1;" 45,181 — State the offer approve 1925, when General Motors Corp. first acquired an interest in the Yellow Truck company, it has held a majority interest in the combined class B and common stocka" and Gov¬ 22,905 ind. 1,600,880 depreciation ^-iAA ——AAA2A.A Federal and of cash the of standing, Truck Years retired $2,038,606 exclusive of to 24.0% Calendar taxes deb. were shares 1941 44,336 :— _ sales, 1942, $196,556 Fed. tlncludes $8,365 Excess non- 2,763.402 of Depreciation for Balance at beginning of year Surplus arising from reduction in Div.— $3,793,325 Cost amounted 31, The of Motors stock common the 10,262 Av Capital surplus: Annual Report— A A Dec. at share. per stockholders cumulative 32.5%, sistent - Capital Fulton Iron Works Co., Inc. 1941 7% taxes stock, payable Feb. 8 to holders of record Jan, 30. with $1.87 per share paid on Feb. 9, last year, and 50 Aug, 15, 1941.—V. 155, p. 600. Fiscal Years Ended June 30—; of cents Truck consummation or Comparative Surplus Statement, Years Ended Dec. 31 cumulative preferred on end $147,664 AA- profit stock This compares cents and year . than under dividends common Cincinnati—Pref. Co., the 25 Yellow The General Income of record Jan. 23.' Payments during 1, April 30 and July 31, 25 cents each; and p.• 1689. Ay. a;- ''A. f. Investment At exceed Truck con¬ A_AA— debs, on pay.; cents.—v. -156, Foundation the ,a-a-*-a.-A''i ' expenses Net holders to 1 share has per follows: Feb. 28,' 75 A Yards Co.—25-Cent cents of stocks option "Deficit, A same operation/ compared A'aA-VA to event plated Increase in on Balance $3,329,135 $3,449,701 now share. per pay regular dividends on its 7% cumulative preferred for the quarter ended March 31, 1943, declare and pay dividend on its common and class B stock in an amount may disposition of tho; company's assets, Yellow Truck may declare and pay a special divi¬ dend of $1 per share to its common and class B stockholders prior to" Dec, 31, 1942, was $3,646,971. After the balance of assets for the pre¬ $69.72 Total income —A '■ Salaries & admin, exps. outstanding :A 1942 1943 rr—~Ais announced with 74 to bonds__ Up 3.62%— . last half from Taxes, Food Fair Stores, Inc.—Sales equal tCash divs. tracts series A, due in 1974, was purchased. Currently $1,870,600 of these obligations.—V. 157, p. 131. on 1942 are that amount Four Weeks Ended Jan. 23-— was Interest bonds, are assets Income Account made last year in outstanding indebted¬ of first and refunding mortgage was of JSecurities carried the and and quarterly the some assets. Florida East Coast Ry.—Debt Reduced— A reduction stock total Rev. „ both on ernment securities of $874,356 deposited for purposes required by law.—V. 156, p. 1149. ness G-E radio transmitters, and transmitters and receivers from the carry 157, p. 220. market value during the by National Association of Insurance tContingency reserve, representing difference between Commissioners. bombers extremely levels, without endangering the position of the stockholders through a possible decline in the value of assets applicable to the corporation's outstanding debentures below 125% of the principal amount thereof, the maintenance of which is required by the indenture under which they are issued. A substantial reinvestment of this cash was made basis approved on a low 1,000,000 2,251,457 surplus Total declare stock the position enabled the corporation successfully to pass through the period during the late spring, when the security markets were at 52,400 25,000 ——. —A—A_r—. a said value for the preferred stock was $59.12 per share. During the early months of the year the corporation's cash position, which at the close of 1941 was $804,698, was increased to approximately $1,800,000 through the sale of various securities. This large cash 173,765 92,175 i,ooo7ooo Net devices," asset $1,072,354 132,369 expenses claims of deducting $2,369,000 of debentures, $4,596,860 $981,403 adjustment—A. A. of taxes hundreds the Liabilities— Reserve the Genera! Public Service Corp.—Annual Report— The 10,393 538,741 —-———- $4,482,404 Losses of 473 not ferred Unearned one is today turning out aviation equipment plane that rolls off the lines,- except for the some 7,500 ■— (not _ rents every bears "All U. S. Army Navy bombers rely 1941 $$3,667,995 —« A—— collection trainer, report. 31 —— of course and on Dec, 1942 —— in overdue) Interest Sheet, ' type, and some simplest First American Fire Insurance Co.—Annual Statement CHRONICLE on per Note—(1) dated $293 $848,852 —— class share A on 332,800 class A shares $815,093 332,800 $13.26 shares— $12.73 Corporation's net equity in the net earnings of unconsoli¬ (55% to 87J/2% owned) and affiliated company was subsidiaries less the (2) may sidiary, than dividends Net profit shown representing received above that during year. includes $67,612 subsidiary's net for profit the for Canadian the year, sub-' after ' Control Canadian Consolidated to the reduction of its net current assets exchange at Oct. 31, 1942. resulting from adjustment rate of Board Assets—Cash, Balance Sheet, Oct. 31, 1942 0 securities (aggregate quoted and accounts receivable (net), $1,843,917; inventories, $4,578,604; investments and other assets, $272,686; properties, plants, and equipment, $3,091,438; patents,'at cost, less amortization, $35,906; good will, $1; deferred charges, $101,945; marketable $1,435,790; Assets—Cash, $185,238), $146,035; notes market prices, class A shares, 156, $11,506,322.—V. p. par), no reserves, $1,112,775; class B common stock total, $3,744,337; earned surplus, The 1946 $5,887,650, by to have declared accumulations of 155, p. 362, $506,598; total, $4,026,504.-r-V. 25 of dividend a Feb. payable value, par no 1 holders to due debt to the RFC is the remaining balance of loans aggregated $35,290,000. 'The road paid off $10,000,000 1942. The Commission also allowed the road to withdraw from pledge as collateral with the RFC 199,985 shares of common stock of the Central "The $25,140,000 the debt during December, of action will give the Illinois Central greater having the stock unencumbered in the event permitted to participate in a reorganization of Central of Georgia, the Commission's order-stated.—V. 157, p. 164. Georgia of This by action should road the Ry. of freedom' be Co. -(& Subs.)—Earnings— Hudson Coal of for payment of the loan, .which previously 1944, the ICC ruled that the company is not reorganization. 31, May financial of which originally the share on preferred cents per convertible cumulative $2 the on fall need in the-time extending to was Corp.—Accumulated Dividend— Plywood record Jan. 21. Similar distributions were made on Aug. 1 and Nov. 1, last, compared with 50 cents previously each quarter. On Dec, 20, 1941, an additional dividend of $1 per share on account of accruals was paid. Arrearages as at Nov. 1, 1942 amounted to $19 per share, it was stated—V. 156, stock, 1942 reduced outstanding 4s, series G, of $43,290,150, and in the final six months during company common directors The account Great Northern Ry.—Debt Reduced— . Harbor for Federal, State and Canadian income $681,289; convertible preference stock (par stock (par $1), $300,100; paid-in surplus, taxes, $657,387; earned surplus, $45,000; payable, $2,491,113; 2223. par), no shares, (64,000 stock common (54,000 other. notes $28,142; sidiaries, profits $1,600,000; and taxes general accrued $137,475; payable, provision $143,655; excess $20), payable, $587,680; accounts payable, $564,135; accrued taxes and interest, $116,140; Federal, Canadian, and State taxes on income (est.), $2,817,000; payable to unconsolidated sub¬ Liabilities—Notes and equipment (less patents' and patent $4,026,504. Liabilities—Accounts payrolls, receivables (less re¬ inventories, $1,- $540,495; $45,121), reserves rights, $226,443; total, and $11,506,322. total, depreciation In 1942 30, $45,621; owned, of insurance, etc., $36,783; plant of $490,146), $1,404,863; prepaid 281,159; accounts Nov. Sheet, Balance bonds $491,139; doubtful for serve Monday, February 1, 1943' CHRONICLE THE COMMERCIAL & FINANCIAL 474 ' revenues Taxes Fed. (no income 320,368 326,147 $477,916 taxes) 1942—12 Mos.—1941 $4,431,051 $3,885,487 1942—3 Mos.—1941 $798,284 $599,032 Period End. Dec. 31— Net — 1,399,255 , .1,339,684 $2,545,803 $272,885 $3,031,796 317,748 290,138 1,271,033 1.330,915 $160,168 *$17,253 *1,760,763 $1,214,888 450,293 395,666 1,852,528 1.666.751 *$290,125 *$412,919 *$91,765 *8451,863 etc. ' canceled $11,551,250 of series H 4s, reducing the out¬ standing total to $32,964,950. Another $4,747,000 of the latter bonds held in the treasury were canceled. The company has borrowed from banks $21,480,136 for purchase of equipment on conditional sales contracts, the New York Stock Exchange was notified.—V. 157, p. 42. and acquired 1608. p. Fixed declared have directors The accumulations of account A like amount 15 to holders of record Jan. 24. $100, payable Feb. par Depict, and depreciaiion the 6'/i> on Net paid on Nov. 16, last, as against 75 cents each on Feb. 16, 15 and Aug. 15, 1942, and in preceding quarters. * Accruals on the 6% preferred stock as at Nov. 16, 1942 amounted operating $1,443,433 1,106,751 income Net from $923,408 810,532 $112,876 $145,214 88,861 60,628 operations ry. 102,784 income Other share.—V. per 156, Charges Net income and to for Prov. Haverhill Gas Co.—Earnings- Light 1942—Month—1941 Period End. Dec. 31— revenues only. t$29,802 t $ 19,654 15)42 30, June (net), $9,377,978. Liabilities—7r/o. stock preferred first non-cumulative par), ($100 stock ($100 par), $250,000; common stock ($100 par), $2,750,000; deficit, Dr$6.983; funded debt, $3,000,000; reserves, $133,061; due to sugar mill. $251,240; accounts payable, in part secured (per contra), $93,595; accrued wages, $23,981; interest on first mortgage bonds, due July 1. 1942 (per contra), $90,000; accrued taxes, $43,084; total, $9,377,978.—V. 152, p. 679. preferred second non-cumulative 5'>■ 349,065 2,001 31.652 91,224 86,932 $9,057 $7,124 $79,276 389 7,048 11,362 Gross from Net from Net ry. charges 2,917 35,000 35,000 $4,597 $51,324 $60,026 515 $2,986,903 $2,039,387 $1,578,957 230,475 447,980 649,462 • 134,912 154,296 44,226 . Balance Sheet, Dec. 31, and general ($25 stock Liabilities—Capital par value), premium'on $1,228,500; accounts payable, $26,698; consumers! deposits, $18,478; miscellaneous liabilities, $370; taxes accrued, $25,450; interest accrued, $462; retirement reserves, $583,880; contributions for exten¬ sions, $7,068; operating reserves. $6,697; unadjusted credits, $15; earned $260,910; $2,750,851.—V.. 157, p. surplus, $592,322; total, (Walter E.) 164, 42. •; before 1941 from from Net ry, —V. 18,701,182 4,402,394 1,505,525 18,660,835 4,798,090 2,154,857 23,647,846 12,498,169 7,521,323 income— oper. 5,648,668 3,661,460 42. p. 1940 . ♦On now Witter in Colonel a has the elected* been Act, parent the as In any be serving as Army Division.—V. cisco Ordnance Harrisburg 156, 1864. p. Co.- -Earnings- Hotel 1942 1941 ___ $161,550 $159,100 — 12,833 11,853 Years Ended Dec. 31— Rent received Dividends ___ received .. earned 217 100 income $174,600 $171,053 expenses 111,453 Interest Total Total Balance to Tax adjustment 103,203 $63,147 $67,851 11,000 surplus————— 4,168 1 Surplus beginning of year Jan. > Crl.060 - Total surplus ;. — _ ___ $75,207 $72,019 61,019 61,019 Balance Sheet, Dec. 31 equipment-- buildings and 1941 $1,376,304 Deferred 35,418 12,385 485 528 30,369 55,169 8,333 Investments 92 28 9 $1,406,125 $1,444,486 _ — charges „„— receivable Accounts Interest . Total ___ — claim works 156, p. 2131. during pletion needs 31, Dec. a in the increase of three times company's its regular; lines of business. Approximately $3,16.9,000, however, was expended for plant extensions and improve¬ ments, the principal items being; improvements to naval stores power and processing equipment, and increased facilities for gathering raw material stump wood for that operation; completion of previously undertaken additions to capacities for the production of cellulose ethyl cellulose, synthetic resins, and Parlon (facilities now because rubber is being used for the production of chlorinated paraffin available for not production! ;• installation of facilities to permit Parlon for various, types of nitrocellulose and smokeless powder, and miscellaneous additional gen¬ eral plant facilities such as hospitals, cafeterias, change houses, and plant protection necessitated principally by war-time-conditions and a flexibility greater meeting fluctuating demand in proportion of female of 33,000 and men Liabilities— 4'/a % mortgage loan Accrued interest Provision for ■ ——____—— taxes———— ($50 par)_ Capital stock Surplus $475,000 95 30,680 871,700 14,188 ' $525,000 200 5,344 39,798 _ payable Accounts 871,700 11,000 ______ — —_ — —_ —— 5,906 women , loads—TNT Total —1—— ♦Less and $920,962 depreciation 1941.—V. in Hart-Carter Co. 156, profits on p. $1,406,125 amortization 1940 1941 1942 $945,416 1939 21,890 26,931 $546,368 111,829 $517,410 21,278 113,616 $1,396,256 } 2,591 $571,813 ry. Net from Net ry. —V. bursting charges-j—anhydrous ammonia for military ways.—V, 156, p. 2306. change Prov. U„ Net Common 43,000 $8,824 interest. $432,817 $239,736 $231,550 174.258 185,530 193,240 90,030 45,015 45,015 above 1942 and provision consolidated $55,244 in Prior years' provisions for that substantially rently required^ account taxes, includes for amortization equipment. 1942 and $33,190 in prior years' includ¬ $9,000. income 1941 in extent for post-war credit of 1941 charges of patents, for depreciation of depreciation smaller annual 10. dividend of $9 per share on account of on record the Jan. 6%% 31. preferred stock, payable during 1942 were Payments 1503. The "of are stockholders on Jan. 17 unanimously approved the proposals for corporation from an operating to a holding company, name to Canadian Food Products* Ltd. Under ,the proposals, assets of Honey Dew. Ltd., would be sold to a wholly-owned subsidiary to be known as Honey Dew Co., Ltd. Canadian Pood Products, Ltd., would initially have two wholly owned subsidiaries— change in Honey Dew Co., Ltd., and Industrial Food Services, Ltd.—V. 157, p. 345. etc., plant and have accumulated provisions The Etc.— changing this and cur¬ The ICC on Jan, 22 RR.-^-Reconstruction Loan Extended— approved May 31, 1949, of $25,140,000, of a the extension 2,729,945 2,048,424 1,554,573 1,158,488 1,275,333 Accounting system and adopted properties now off written has by the P. S. Commission of Indiana. its books are to give effect to the original cost ot devoted to electric service. To accomplish this it $17,500,000 against the existing book utility plant action this By the $7,500,000. the Indiana several years of investi¬ will write off over the next 35 years another have received the authorization of transactions Both accordingly have terminated and Commission and study requiring extraordinary expenditures. write-down was accomplished by a reduction gation in the immediate The stated the of value stock common of to $6,000,000 $3,887,647 from $9,327,503; by a reduction in the depreciation reserve, and by a charge against capital surplus which eliminated that account. The result was that the system's utility plant will now show $61,~ with contrasted 880,140 carried previously 'The funds operation obtained be to are from Such appropriations, the rate of $215,928 annually. be more than offset by lower annual depreciation accruals of amount figure it was $61,880,140 figure is the Moreover, reduction that for current earnings at however, will further at which $78,379,610 figure, the the books. on further by $7,557,000 over the next 35 years. to be reduced because $191,646 of adjusted the elimination of amortization of ing $176,000 annually.—V. 156, p. 1239. rate by plant case Business Machines Corp. International and account, exceed¬ expenses Two — New Directors—' Charles fill to Valley, L. by the President is of time of payment- to loan to the company from the RFC. of Endicott, International The .Bankers have elected been Samuel of M. directors Hastings Valley Central engaged in National and of that com¬ banking in Bank years. ,, Vice-President in the and has been Y., N. is resides deaths * many Kirk Mr. He John Cornell. Stainton Mr. Stainton and caused Kirk A. vacancies Edward Co,, charge 157, as manufacturing of p. , IBM. of 42. Called— Co.—Bonds Paper Trust In N; Y,—V. trustee,,' has drawn for redemption on 1943, out of sinking fund moneys, $443,500 principal amount International Paper Co. refunding mortgage sinking fund 6% gold March 1, due A. series 1955. , ' will be made at 105 and accrued interest by Bankers Trust Payment Co., York, New at in or the full The stock, compares Dec. the Bank of Montreal in immediate payment Silver with Dividend Declared declared a dividend have payable $1 Co.—Smaller 156, p. 2224. per of 75 cents per share on the holders of record Feb. 18. This share paid on March 13, June 1, Sept. 1 arid March 1 to 1942. l, Payments Dec. by funds drawn bonds may obtain redemption price at the Bankers Trust Co.—V. directors common Canadian Holders of the Montreal. in $4.—V. 1, 1941 156, were p. as follows: Julv 18, $1; Sept. 1, SEC ouarterly has. approved dividend ferred stock, business Jan. of 1943. payment, 87 Va payable Feb, 21, and $1, 2307. International Utilities Corp.—Dividend Ruling— The Illinois Central 7,029,936 2,068,328 has adjusted its accounting policy to conform fully to of accounts as prescribed by the Federal Power company uniform the Commission International Honey Dew, Ltd., Toronto—Change in Name, 161,500 additional (After Note—The the 60,530 90,030 ___ and $82,719 to *78,300 p. a Feb. 15 to as follows: $1; Apr. 10, $2; and July 10 and Oct. 10, $4 each.—V. 156, accumulations Feb. $339,952 dividends $56,064 in 9,180 163.605 *387,500 dividends ♦Includes ing taxes. profit Preferred 4,902 282.296 profits exc. of Can. taxes income Fed. & 249,193 holders _ S. 244,597 ex¬ funds for 328,022 .408,398 of -foreign declared 8,876,302 income— Indianapolis Power & Light Co.—Adjusts of Holeproof Hosiery Co.—Accumulated Dividend— have 129,630 5.901,780 2,024,197 42. p. Central mining directors 82,428 6,074,219 3,985,804 railway— munity for The 109,195 . textiles—industrial explo¬ coal, stone, and minerals, and for war construction projects—canvas protecting agents—chemical cotton and nitrocellulose for smokeless powders—ingredients for paint, varnish, and lacquer used on ships, tanks, shells, planes—plastics for planes and other military equipment—reagents for recovering strategic 'minerals by flotation—core binders for foundry castings—disinfectant and insecti¬ cide bases—admixtures for improving and protecting concrete run¬ admin., and etc., expense Adjust, $972,347 $1,418,146 _____ gen. 152,650 To Uniform FPC System— bonds, Total Sell., $508,254 190,503 $505,271 197,875 417,759 railway-. sives for 1939 1940 1941 $593,729 306,554 ineome__ oper. 157 1775. 156, p. 1— from Gross below.)—V. 1942 oper. From Jan. explosives—chemicals for processing military $541,279 j Other income $1,444,486 of $965,774 in 254. 1942 sales— received Royalties and (& Subs.)—Earnings— Years End. Nov. 30— Gross — — - for reserve for jurisdiction over no $724,805 railway— from .railway-- Net in employees. throughout Hercules plants offices, including ordnance plants, represents an increase of about 13,000 over the preceding year, and is more than five times the pre¬ war level. Employees are working an average 46 hours weekly. Ac the end of 1942 17% of all employees were women, as compared with T/r in 1941, and the proportion is rising. ' The report listed some of the war applications of products as: chemicals tor rubber reclaiming ar.d rubber compounding-r-plastic coat¬ ings for insulating wires and cables—military powders for ammunition Employment from Gross con¬ for program , had SEC the the RR. Co.—Earnings- December— an 1942, reduction but Power Co., Light & account and necessitated war asserted claim, Illinois Terminal 1942. $114,378,235, 1943. of Commission, first at $20,000,000 is being made by dissolution proceedings before the American's Exchange unliquidated an Net ended year payable to note of Central a on approximately North in and American American for 1942— during were for Commission has ruled that it does have jurisdiction in that no fair and equitable plan could be devised unless the claim was taken under consideration. (See North and First North to revenues collecting $675,000 from similar A $1:86 the company leported $5,546,980 net -earnings after all charges. After payment of $524,923 dividends on preferred stock, net earnings applicable to the common stock were equal to $3.81 a. share on 1.316,710 shares outstanding. The reported earnings were after the provision of. $1,500,000 for con¬ tingencies arising from the war. In 1941 net earnings of the company were $6,098,712, equal after preferred dividends to $4.23 a share on 1,316,710 shares of common stock .then outstanding,- after the provision of $500,000 for con¬ tingencies. The extent of the company's engineering and construction work for the U. S. War Department was indicated by the disclosure that the company had supervised the construction of $188,219,000 of United States war plant facilities during the year. Additional facilities being constructed under the company's supervision are scheduled for com¬ higher r war ordnance Federal $13,222,500 for services taken by North American in the Central Terminal Co., and that North American through Securities interest the over pay $581,177 figure of $85,612,161, or approximately 1941 fiscal the acetate, 1942 $1,331,492 Assets— ♦Land, $11,000 $14,188 Surplus at end of year, Dec. 31 of operating plus with enjoined Illinois-Iowa asked that North American pay for funds allegedly spent improperly in Central Terminal Co.; that it account suit present $535,030 $1,68 level. pre-war For The _! —_ ___ — the over struction Dividends paid and sales attempting to simplify now concern. the $6,000,000 over stockholders showed the company materials, principally military explosives, issued 27 at Wilmington Jan. compliance with the Public Utility Holding exorbitant fees and spent money improperly charged $518,888 $1.62 share—_ report Government-owned the replacing Dean Witter, deputy chief of the San Fran¬ director, a annual produced $57,909,000 in Net Hale Bros. Stores, Inc.—New Director— C. 30th ■ 7.: 77' : District Court S. U. North American,. 252,172 shares of common stock.—V. The Suit Against North in structure corporate Company $743,090 161,913 ——:— common in suit Company contends that North American, its such 34% Jean per $1,136,139 ........... Power Co.—Asks Return of $20,000,- ,7 filed 'Company $895,115 360,085 Hercules Powder Co., Inc.—Report 33,173,151 __ railway railway 157, earnings 1,422,650 against its former parent, North Amer. Lt. & Pwr. Co., asking a return of more than $20,000,000 and an accounting of certain transactions. $1,126,411 607,523 — profits taxes $286,511 1,396,995 —Files Co. Power American Light & dividends 1942 taxes— excess 1,793,864 $945,434 ** ——- ----- p7 transactions Co.—Earnings— & Years Ended Dec. 31— Profit 1,748,517 $451,561 —V°f157, for Heller $2,080,375 inc. bonds interest on adj. charges excl. of ooo— 1942 equipment, $2,468,414; U. S. tax savings notes, $25,000; cash, $95,476; accounts receivable. $91,523; materials and supplies, $64,634; prepayments, $5,801; total, $2,750,851. capital stock, 125,325 $2,693,951 ^Net inc. avail, for int. on adj. inc. bonds Interest on adjustment income bonds_________ $59,475 49,140 43 $4,553 ___.— investment Assets—Plant, From Jan. 1— Gross Net SI,955,050 119,239 __L 1 Illinois-Iowa — ■ $1,528,267 381,687 173,668 income 5,720,927 $2,574,712 and taxes 552 $50,809 46 $6,403 ______ declared Dividends ♦Earnings 965.606 railway railway oper. 1939 $7,675,977 5.845,217 $95,026 $86,324 2,917 $6,449 income Net $7,513 $9,366 income Interest Net 1940 1941 1942 1941 $8,419,929 _ _ $83,664 308 ' accruals- reserve Gross Ohio RR.~ -Earnings— & 1942 revenue__ income Gross Illinois-Iowa Gulf Mobile ■ 30,392 5.930 (net) income Federal income & December— ' , Operating income ___———_____ Non-operating income i_,—____ Inc. Retir. $7,327,052; purchase of equipment and con¬ struction work in progress, $36,789; investment in, and advances to, wholly-owned Cuban companies, $278,704; Cuban Government mail and transportation service, $75,030; capital stock in treasury (2,336 shares of first preferred; 1,530 shares of second preferred; 2.323 shares of common), $1; deposits, $1,151; materials and supplies (at cbst), $147,810; empty sugar bags in bond, purchased on behalf of the sugar mills, $66,564; accounts receivable, $656,988; station agents' and con¬ ductors' balances, $3,636; listed securities, at market value (pledged per contra), $89,700; Irving Trust Co., deposits for interest on first mortgage bonds (per contra), $90,000; cash in banks and on hand, $293,370; deferred charges against future operations, $311,184; total, $2,750,000; 373,157 2,512 Balance Sheet, $550,033 6,536 _________ revenues—_ oper. operating Operating expenses $575,309 $47,618 32,564 $53,817 ___ - Non-opcr, (Loss. Balance Assets—Property Maintenance Taxes Net $105,210 taxes • Earnings— RR. 1942—12 Mos.—1941 . 35,711 Operating ■=■5,582 33,000 taxes income ♦Profits 230.062 221,391 301,256 __ income profits $205,842 $201,736 $439,467 income 1689. p. Manhattan & Years Ended Dec. 31— Gross 858,810 Operation Total Hudson 1689. p. $1,004,024 $336,682 revenue Railway operating expenses.— $37 to 1940 1941 1942 Years Ended June 30— Railway 156, May Account income income Deficit.—V. was Guantanamo & Western RR.—Earnings- " Balance divi4end of 50 cents per share on cumulative first preferred stock, a _____ " Utilities Co.—Accrued Dividend— Havana Electric charges , cents-per 1,> 1943, out of share capital on to holders of the surplus, $3.50 record at ■f of prior . the pre¬ the close of Volume with .the Concurrently THE COMMERCIAL & FINANCIAL CHRONICLE Number 4147 157 the stockholders will be notified, that prior the: dividend, :the receipt, of amount of for preferred made charged shall restored be to dividends to Dec. 31, 1938, after, providing for paid since that date. transfer books of the corporation will not close. declared The V. part of also (See Electric Union Iowa Co—Plans Debt Jan.,21 on Net its From Jan. Gross •Net Engine Arranged—.; With its v plants at working agreement with a capacity credit war and to Granting Annuities.- Bank.'Girard National term the of credit - ' - is guaranteed, Executive board is Order of No. 9112 Jacobs is medium horsepower Department been the of one for large a principal the the 7, dividend stock, each payable Feb. 26 par $1, distribution 30 cents per share made was March on 12 declared 26, last,, compared and Oct. Co. (& 1941.—V. 1, the on holders of record Feb. to Oct,; on 14, June has been 12. reduce Kayser & 6 Months Ended Dec. 31— The 1942 .-,v : ^ , ■ income from operations_„____„^v_„4^^1_ and taxable of cost Not June 7, wish Code, 1941, and, but of basis 6, Oct, to are of 1942, assets the received who Interest;, —V. ' .. distribution until after has that indicated its entirety in made date. that. of $1, par 25 cents by for to corporation the In the meantime, the Federal and Dominion taxes inc. Net, income,_../yI|, Dividends.paid on common stock— 348,021 Costs "Including §28,350 for for profits excess of tax 191,000 minor declared 11 of holders to 14, June none the common Feb. 1. Like have declared $1, dividend a payable Feb. of 26 to , (& cents share per of Feb. special the holders of Jan. cents Series 25. made on was 25 Custodian record of per-share 1942, distribution Keystone A Jan.. 15, on . Jan. on recently was 'shares,'payable semi-annual this series compared with 65 cents share per B-3 the last, 1942.—V. of and 9. 1939 1940 1941 157, 165. p. 854,419 660,264 33,707,958 31,240,311 28,465,881 PreL 29,947 34,466 9,561,741 8,287,242 6,503,404 3,988,697 7,793,713 3,786,246 293,872 net 1,286,416 1,461,187 1,461,187 1,461,187 1,461,187 10,979,286 15;684,695 15,684,695 15,684,695 3,314,070 704,578 3,193,359 3,559,667 53,015,969 52,311,391 49,118.032 45,558,365 -56,330,038 53,015,969 52,311,391 49,118,032 $6.13 .the has company form its employees the entire of group life insurance, by the employer, Jacob Kline, defrayed holiday a V; cost of. which is 1,303,018 1,294,898 the of terms the in being and shares tobacco cash a record Aug. 1. $3; paid: and common Feb. $2 share, per Payments during 1942 Dec. 23, $2. During and 28, $2; 27, Aug. $3.25; 166. because upon printer's offices, and of books. The the of help of shortage inability of auditors accountants' it report, m to com¬ said, was the date originally set for the adjourned Co.—Earnings— 1942 1941 $750,539 $234,710 656,000 133,500 $94,539 all charges____-_— income and : $101,210 profits tax excess profit 157, p. 255, fixtures«_-,^.C.V-X'} tobacco Interest receivable and Accounts 439,005 Deferred Discussing net 137,769 that the the 20,874,100 danger of inflation, the recommend trustees greater- per share during the year and an increase in holdings of U. S, Government bonds to $3,708,500 at the the stability report the post-war have tended in influences period, to the trustees note extreme prevent price inflationary nature since the entry of the United States war.' real and now of an '<?: ;V' v danger of inflation "when states, it will with come the return of peace,'* reasonably be presumed that con¬ to increase their purchases of the many varieties of goods which they have been without during these war years; "It might be argued that an investment company with its assets 199,663,142 sumers will ;'V„ y.-J. preferred stock... Report—Dis¬ value number a into 597,071 575,381 218,046,432 Liabilities—, .. Trust—Annual 1942. advances of 779,371 • the own of economic 9,585 2,350,000 2,137,500 charges ' Investors Pointing out that the Trust, as one of the largest holders of shares in American industry, is vitally interested in steps taken to promote 13,515,317 15,850,690 dividendsreceivable^,.28,852 asset Trust's .'Close 9,422,995 "The T/r .J-,-'.; ; buying of United States Government bonds by investors generally in the annual report for 1942, which shows a rise of approximately 8.4'i in. 4,476,164 +3,001 serially—.^ 1, cusses Danger of Inflation—Increases Government Hold¬ ings and Urges Similar Action by All Investors— 439,005 Post-war ..Credit quarterly dividend of 25 cents per share has been declared on the stock, par $10, payable Mar. 11- to holders of record Feb. 26: like amount was paid on Dec. 11, lasty compared-With 30'cents per outstanding first mortgage sinking fund bonds due Aug. Massachusetts l - due . (Mar-Main Corp.), South 1 receivable—subsidiary company_„_/.._ v4,529 receivable, ■ on have 122. p. 156,044,670 companies received for 12,400 a basis of 84.1%. were allotted ■ 1941. 2,839,439 Accounts 1954. Bids was been called for redemption as of Feb. 1, 1943, at 100 and. Payment will be made at The City National Bank & Trust Co:, trustee, 112 West Jefferson Boulevard. South Bend, Ind.f-V. 128, -:"'■$ 1 in foreign stock interest. 9,831,129 8,859,911 182,011,902 sup All of the 1947, com¬ „ 1.942 -V,it",.: '■ trade, marks, goodwill, etc. middling stock,and op. subsidiary company. the Bend, Ind.—Bonds Called— as to apply and Mar-Main Arms & Addition representing reserve a 7,356,289 255. of dividend Feb, 28, were p. decided was —V. 156, p. gold year Preferred (S. S.) ICresge Co.—Dividend of 25 Cents— p.- of commission of 40 cents. a 31 A 157, declared companies. group preceding quarters.—V. the 'v,-:'.v.. common share-in 7% of par during ^Excludes $2,141,309 foreign tobacco, in and appropriated to was in $6»Q2 « canceled 3,136,939 $25). (par .,.$5.22 . purchase price tOn stocks estate, machinery and Notes A 21 holders in 15 minutes Jan. 26. The offering was made by Merrill Lynch, Pierce, Fenner & Beane at 10 Vs, with 20,339,24120,705,549 Consolidated Balance Sheet, Dec. «;■> ; ■ Stocks in President, announced. plan, which is being underwritten by the Metropolitan Life Insurance Co., 550 workers receive insurance in amounts ranging, according. to earnings, from $500 to $5,000 — V. 156, p.. 1328..; Under outstanding Assets— ♦Real .Leaf gift indenture. investment Stocks With between purchased V'S,";-: Y.—Group Insurance Plan—• presented $4.55 . difference company trust stock 31 share_,_ the this by Brands, This surplus processing tax refund which ; 156, p. Kline Brothers Co., N. ; Dec. per is against this issue on Feb. 25. May ,25,- Aug, 25 and Nov. 25. last Arrearages as at Dec. 31, 1942, amounted to $5 per share — 1608. / ■' year. v. $5,- McGraw-Hill Publishing Co. — Special Offering—A special offering of 10,430 shares of common stock (no par) on the New York Stock Exchange was oversub¬ 17,850.460 —_ surplus surp., of B mon . pu of profits taxes with $3,525,000 2040. p. Radiator & Manufacturing after Net 1,377,333 (7^ )^ earned ♦This The directors have declared made amount an excess compared as Co.—Meeting Postponed— and Reserve for Fed. 115,754,543 dividends tEarnings bonds , of accumulations on Feb. 156, 28, $2; dividends examination Profit Cr779,371 dividends . Earned a dividend o.t $1.50 per share on account the $5 prior, preferred stocki no par value, payable 25r to -holders of record Feb.,10. Distributions of $1.25 each Were other or 36,473 bonds___— on Common to Kinney Co.,, Inc.—Accumulated Dividend— $4.33 costs acquisition. Jan, to Steel company's -V. income required (G. R.) to scribed Net 15, ,, 948.597 $3.62 directly . 23, $1.75.—V. 157, McCord 26,033,737 __X__ credit Previous . charged meeting.—V. 157, p. 346. ! cents July 948,597 $1.26 cannot be completed by Feb. 9, 275,103,588 246,265,854 807,297 prof, tax excess Balance, 28 67 on 948,597 $1.21 are Feb, following Dec. the declared Jan. distribution 15, 948,597 company on Jan. 23 advised stockholders that it has postponed adjourned annual stockholders' meeting until Feb. 23 at its office at Coatesville, Pa. 24,553,236 1,480,501 income Post-war Keystone Custodian Funds, Inc.—Special Dividend— A of on 3 follows: shares on $4,104,535 which 1941.—V. year directors plete 27,805,617 —- income Federal Payments during 1942 were as follows: Feb. 28'and "April 28, 5: cents each; June. 29, 7 cents; Aug. 28 and Oct: 28, 5 cents each; and Dec. 30, 8 cents.—V. 156, p. 343.' ■ v> $3,432,235 The r-.'. 30,385,892 the on. record 710,250 $1,196,177 the Subs.)—Earnings— 32,900,661 price & par of 7'« bds. Interest 5 holders the time Lukens 15 ♦Difference between pur. Federal stock,. par 2,455,462 744,754 , as and 232,892,614 260,222,695 243,445,710 217,205,864 207,084,165 1,228,217 1,271,986 1,254,373 1,255,213 profit income .Total . ,-y.. above directors 4,294,255 2,263,012 97,817 on record Sept. 30, 1942 . 294,351,573 and expenses- Operating Kerr-Addison Gold Mines, Ltd.—5-Cent Dividend— ' The those payable March anc} Nov, 25, last July 3, 1941, and 25 cents on Dec, 23, 1940. $415,262 subsidiary; 1941. 6,750,650 496,276 Quarter Ended Nov. 30— figures do not include the earnings of Julius Kayser Pty. Ltd,, or ICayser-Bondor, Ltd. of England.—-V. 156, p. 1865, common f . X------ $606,262 188,575 ————I———$333,032 Note-The (Aust.i sales Other Balance required Net $521,607 ■ the were v/,' >/,•,>/. Depreciation -y_ 1,265,256 496,924 taking credit for post-war refund), The con¬ 6.375 ; 1,628,988 Cr247,449 $1,150,983 Adjournment 147,126 543,366 394,338 $11,564,503 Louisville & Nashville RR—$2 Dividend— Treasury is tentatively 157, p. 255. share has been per payable Feb. paid on April ! Calendar Years— 145,148 -L.-V for 352,753 $13,190,651 taxes than at (after •; , this, distribution taxable dividend.—V, a 157, p. 346. 32 ♦Provision 86,103 $3,055,526 Provision for taxes for the year 1942 includes 781,000, representing estimated Federal income and distributions and reported them as claims for refund of tax paid Liggett & Myers Tobacco Co. Depreciation 72,845 The results of the foreign subsidiary companies included above are figured at the average exchange rates, except as to the provision for depreciation and depletion, which is based on the dollar value of fixed refers 7, 55,189 $1,107,784 $12,837,898 $11,170,165 $3,029,445 accounts. file to the This Jan. 1941, ;\ year, as against 35 cents on 1941- $1,052,595 $1,210,153 $2,969,423 profit 1941 ' Total gross 3,055,404 $2,956,600 profit for ♦Other applied be stock. the Stockholders 30,<1942. Oct.-6,: 1941, may status amounts, were 47,153 . 3,042,528 outstanding profit per share—„ Net meaning of therefore, they the within dividends, other or July on capital Revenue as-taxable •• •. dividend A $1,163,000 Other income 947,264 Shares ■ Gross 16,553,518 813,588 expense. income ♦Provision Liberty Aircraft Products Corp.—25-Cent Dividend— cents • ;;—v • admin, Prov. for deprcc. k depl. Miscellaneous charges.... notice to the stockholders, a similar Subs.)—Earnings— v.•>,':•■■■ 15, in return a, Internal the made 1942, common 37l/2 $30,779,087 19,047,902 Miscellaneous income— stockholders on Oct. 8, 1942, will depend on the income of the corporation during its fiscal year eliding June 30, 1943, and cannot be stobk, (Julius) & $34,928,328 4,464,504 its •• 2307. p. the be"'treated Department A with 156, of 1941,.. and sidered of entirety (dt determined A 1942—12 Mos.—1941 $8,381,191 4,698,457 sales---, Operating Treasury dividends thereon.;' (W. B.) Jarvis Co.—To Pay 30-Cent Dividend— . Jan. on v-. • S. to taxable s from orders • ■. 7, July engines in .the Corp.—Earnings— 1942—3 Mos.—1941 45,358,987 Lehman Corp.—Tax Ruling on Divs.— Cole, Treasurer, 115 Apr. - 1 extensive 7,149,326 distributions to War has It for 6,883,261 /against and training and transport use and has also Canadian Government.—V.T56, p. 2225. range. . engines supplier to 10,093,506 of 12,566,741 13,117,576 ,■ not r are> - /' of aircraft producers 14,256,251 income E. section , -.i • •• Cost Department has ruled that (subject to final of the corporation's income tax return) all the distributions during "the corporation's fiscal year ended June 30, 1942, con- made the ensuing Regulation V issued by the Federal Reserve System., The interest 'rate ' 18,087,327 rstitufced.1 in- their bf r- 27,969,535 Cement the $8,468,645 Sell. railway.....;. Li have been exhausted because of an¬ fourth quarter of last year.—V, 157, agent Sales * 47,479,837 fiscal Period End. Dec. 31— 1,271,884 816,506 56,750,722 U. .audit , and governors of the 3%ft,.-.'- 696,11)5 78,171,307 oper. - The agreement 90% to up said: „■ runs-to Oct': 15/ 1944 and the the'principal amount; by the War Department through the Federal Reserve Bank of Philadelphia under 'loan 1,670,822 472,311 the 157, p. 43. John Co., Bank. 1,209,783 1,485,991 railway-. (The) war participating banks are: First - National Bank Other Trust 2.411,539 of Star 1939 $3,969,475 $4,327,979 , adequate working capital. assure National Central-Penn The of volume large on. a ry, 1940 $4,828,253 Total % is the Pennsylvania Co. for Insurance Manager of the banking group and v.: from from —V. Jan. on Regulation V revolving Lives Loan 26 announced that it has consummated an group of Philadelphia banks providing for a $6,000,000 company Philadelphia "V" Co.—$6,000,000 1— funds Lone 1941 $6,948,346 income. ry,- oper. Net Aircraft Jacobs 1942 Gross- from' railway— -L Net from railway___. 1- Redemption- asked, permission of the SEC to issue and sell parent. Union Electric Co. of Missouri, 8,793 shares of common stock for §395.685. Iowa Union said the transaction would enable it to complete, redemption of its outstanding funded debt.—V. 147, p. 2396. company on AH ticipatory purchases during p. 166. Lehigh Valley RR.—Earnings— December— ordersj company placed-$2,154,000 with the agent a few weeks ago fol¬ lowing the sale of West Coast properties. The 14,270 shares of acquired preferred necessitated a cash outlay of about $1,640,000. present and 157, pp. 165 and 43.)—V. 157, p. 254. to The of settlement to. capital surplus .and earnings-subsequent $40,000,000 and the, Lehigh & New England RR.. for $10,000,000 the-reorganization which he believes might follow the litigation over the New Jersey tax settlement law. He would also have Lehigh form a new company and go into the business of supplying water to Philadelphia.—V. 157, p. 43. will be such ,dividend that; the,/amount- of>such dividend so capital surplus from the first available charged 475 be may eager . 20,874,100 . Common Lake of the Woods An interim dividend of 30 cents common stock, payable March tributions of like amount were in 1941 the 20 cents, and Dec. 1, holders made following dividends share, has been declared per to 1 each paid: were 30 cents.—V. of record quarter June 156, p. 2225, Feb. 2, 56,927.075 21,962,450 22,089,250 50 cents; : Oct. Accrued Accounts 1, Notes , The plan White, many/times cluding; banking such which a representatives interests, plan declared would, be the would have to be paid White Mr. by would said,1 of the huge . had and -excess out much of the Mr., White-said, also of because .White the views that of the the was Interstate impossible Commerce both The aiso would the which the roads involved the liquidation, program and large sums share of which Lehigh act & as liquidation plan, "Kelleher,: who holder, simply Is with voted Plan Hugh holders the in him 1942, in his board former proxy a At against • Mr. M. G. of the based rail the of Lehigh & successful ■ . - , perennial a of the managers last of to of traffic New years of Lehigh- time less than 1 have on of the he & shares sale to the Central for $50,000,000 .cash., Lehigh pay off present tribute about $12.50 a Central Kelleher; would this bonded share to stockholders. Railroad have of If the of New (China) war This Ltd. against balance sheet of $4,473,164 to (China) of has Ltd. been has company and this the were the paid of this investment of this with has an been territory British-American shown in in on foreign China Tobacco in Co. asset and reserve lacking, and it has been, and is, approximately, to what extent this Invest¬ been affected. therefore, thus reduce Directors to the establish book have a value considered reserve to $1. to In it apply estab¬ to Period End. Dec. 31— 1942—Month—1941 $1,552,979 $1,273,611 $6,842,061 $8,586,409 1942, the company had in operation 16 stores, as compared with 15 in the same month in 1941.—V. 157, p. 43. Jersey be ; and dis¬ Mr. RR. reasonable a time reasonably to thereafter, of what-: stable price a reasonable cash a substantial part enspre a '■ During trust past year Government in reserve this this as the in reserve such not has invested have we securities, is manner always in only the belief patriotic a that the use duty but sound to $3,708,500 the at end this of and year, we anticipate some increase within the limits of this Trust's normal "This port of rates of interest weakening any would upon The have a shows net report shares end Since the share to $17.53 Meier p. further reserves. as a war and measure, also sup¬ low- because credit or advance in interest rate.t on investments generally, as well as. business." 6,410,211 the common each 1942 on a on stock, were to brought Jan. on net share per close on with compares of 1941. value asset per Distribution— extra an dividend holders which 156, p. 2307. Inc.—Extra paid 29 disbursed 1942, advance quarterly both 31, outstanding at the 1943.—V. Co., Jan. regular shares further Jan. 23, amounting to $16.89 Dec. on 5,870,592 Frank & asset value outstanding on of company and cents desirable are of Government disturbing effect $15.57 per share the cash policy obviously holds good for investors generally, since Government credit, and the maintenance of moderately of dividend of record 29, 1940, 15 of cents Jan. 1941 22. and 15 cents per share per Extras on of 1942.—V. 30 155, 401. Merritt-Chapman & Scott Corp.—Accrued Dividend—. This "* • . lor expected ■ policy. It will be noted that in accordance with this policy the holdings of the Trust in Government securities have been increased, Long-Bell Lumber Co.—Purchase of Stock— of Lehigh's obtained, he indebtedness ■■ business share 1942—11 Mos.—1941 be whole-heartedly on the side of regardless of what party is in power, both and be may > reserve. The Stores, Inc.—December Sales— period war forward executives. should investment 1941, entirely even judicious, "An the December, "securities—stock 1941, in During December, could decline accompanied emphatically that the influence of very of government, structure. Investment the company, as the Up together tobacco Since December, of Japan, investment, operations Sales New. Jersey is now in receivership. purchase of the Lehigh & Susquehanna Co. investment an feel business controls ever " had Canadian annual principal Lincoln •• RR. - trustees continuance apply against the book value of the investment the board decided to appropriate for this purpose the net amount of the processing tax refund of $2,141,309, and to supplement this appro¬ priation by a transfer from "special reserves" of an amount of $2,331,854.—V. 157, p. 166. , / Kelleher, it was reported Jan." 25,'has sent to stock¬ Lehigh Coal and Navigation Co. a plan for its liquida¬ a looking (China) Ltd. have taken place has been in the possession and control of the enemy nation, Japan. Under these circumstances, information concerning the properties and interests of the British-American Tobacco lishing stock¬ Coal small companies". the against - since a company's ment management," Mr. White added. "Mr. in 1940 and tried again with no management." the dividends. in provident England dissenting The $3,000 impossible to determine, finance working out of : ' '' > 12 declared Co. fight that the fact, tactics properties The The require ♦. Proposes Sale of Rail Holdings— tion would and against pointed out. was become, by. the Co. instigated success, more it has bars continuing from dropped was Navigation Kelleher Susquehanna effectual Tobacco which achievement sources has company the.U.-S. tobacco , of 1927, British-American of taxes, gains Commission.' would the 199,663,142 deducting depreciation. satisfactory . . These financial . The 2,715,434 53,015,969 • when :• in¬ pointed out the Commission rejected ;some years ago the appli¬ cation of the Reading for permission to lease the Lehigh Coal & Navigation Co.'s principal rail subsidiary, The Lehigh & New England. their "Your during the con¬ 'carrying profits taxes - plan 383.580 56,330,038 218,046,432 "After sharp a , surplus •i to to the Federal Government. wipe might result from such liquidation. been 'involved, greatest obstacle income a serious inflation being followed by by general business dislocation. 13,785,771 reserves tSince railroads up of 6,000,000 19,540,995 . . the 1,964,329 18,050,000 Earned largely of a widely diversified list of common stocks would, be less injured by inflation than almost any other kind of business.. It would be short-sighted, however, to view the development of a serious inflation with anything but alarm despite the likelihood of such a transient advantage, Everybody recognizes there is great danger 365,297 1.689,199 —_— made 429,517 365,297 taxes Special by Hugh G. M. Kelleher for liquidation of the impossible of fulfillment for many reasons, Robert V. President, declared Jan. 25. w,. ■ ; White, who said that Mr. Kelleher's-suggestion Mr. payable 427,298 payable. proposed is sidered out . payable payable Accrued Lehigh Coal & Navigation Co.—Liquidation Plans Im¬ possible President States— ' company interest Preferred dividends ; , debt Funded Dis¬ while V , 21,496,400 56,927,075 the on 15. 1942. during 21,496,400 .Common stock Milling Co., Ltd.—Common Div.— stock company, Chicago, were through its sinking fund agent, Halsey, Stuart & Co., purchased 14,270 shares of preferred stock. acquired by tender "almost at $115.89 a share." The the has maximum A price that could be paid 5-point premium for called stock plus was $115.89, accrued The shares which March as included dividends of $10.89. dividend of accumulations 10 follows: Dec. 1, to March $2.75. share.—V. $1.62M> on the holders 156, 2, per ^ 6 of $2.50; Arrearages p. share 1609. as has been cumulative record Feb. June at 15. declared preferred Payments 1 and Dec. 2, Sept. 1942, 1, A on account stock, during $1.62»/a amounted each, to of payable 1942 $24 were and per Metropolitan Edison Co.—Bonds for redemption as of March 1, 1943, a total first mortgage 4 % % gold bonds, series D, due at 107Va and interest, Payment will be made at the Guaranty Trust Co., trustee, 140 Broadway, New York, N, Y.—V. 156, stock, par common ry. 1,109,265 915,735 777,195 826,403 875,040 843,516 debtedness In Net 115,991 The initial liquidating distribution will be made to certificate holders of record as of the close of business on Jan. 20, 1943. It will be at the rate of $125 per unit of beneficial interest, one unit consisting of a certificate which represents one share of stock and bonds having a par value of $125. "Although the distribution is in an amount equal to the face of railway from Net possible. Net income— 167. oper. ry. —V. 157, p. 19,668,767 5,540,611 to 2,069,426 3,482,740 , SEC company proposes by National Bank of Boston to $1,922,075 of sum agreement be¬ an subordinate indebt¬ subsidiary, Bates its from it due First National by an overdue that approval to subordinate the indebtedness owed Androscoggin Mills, Bates Manufacturing Cd., Co., in the event such subsidiary shall issue promissory notes to any bank order of the Commission entered Nov. 4, 1942.—V. 157, p, 44. also seeks Manufacturing Co. and York Manufacturing any under 14,827,811 3,178,956 1,982,653 be renewed. to by its subsidiaries, it Edwards 60,354 15,632,633 3,309,419 30,928,868 11,266,081 5,702,913 railway from the in Company • 345,747 586,749 income__ oper. ry. 1939 $1,200,667 567,339 From Jan. 1— Gross proceed with and the First it which is note 1940 363,932 to application an tween Manufacturing Co., to indebtedness of Bates owing the Bank of Boston in the sum of $600,000, now represented $1,552,600 1941 $1,874,571 570,200 1942 $3,301,532 1,546,780 the in England Industries, Inc.—Would Subordinate In¬ to it by Subsidiaries to Any Bank Loans-r- New edness railway from Net President, on Jan. 22 stated in part: "The directors the liquidation of the company as speedily as Fleek, S. J. 987,927 819,091 railway from Gross Liquidating Dividend— intend to 1,940,055 ft. cu. 347. p. Nashville Chattanooga & St. Louis Ry.—Earnings- Sells Ships—To Pay Initial — 2,222,563 income— oper. December— Vessel Corp. Midwest 2,402,647 135,578,000 157, p. 43. —V. 1 and Aug. 1, 40 Payments during 1942 were as follows: Feb. 2, May cents each, and Nov. 1, 80 cents.—V. 156, p. 1609. 2,715,903 ; railway from Net the 23. railway from Net Co.—40-Cent Div.— declared a dividend of 40 cents per share on $20, payable Feb. 1 to holders of record Jan. directors have 5'2,126 reported at 153,605,000 cu. ft., 13.30%, above production of corresponding week a year ago.—V. 157, 30,587 27,315 ry. Gross Metropolitan Storage Warehouse The $121,399 45,895 62,240 oper. Income— From Jan. 1— Net 697. P. $180,499 30,673 35,624 $132,455 50,744 $202,837 railway railway from Net 1968, 1, from Gross of $2,500,000 March 1939 1942 December— been called There have of 1940 of increase an 1941 for the Jan. 22-week-is 18,027,000 cu. ft., or Gas output ! Montour RR.—Earnings- Called— "Monday, February 1, 1943 FINANCIAL CHRONICLE THE COMMERCIAL & 476 an Up 7.16%— Power Association—Output New England purchased, week ended Association other reporting companies and secondary sales to other, utilities), 65,693.304 as compared with 61,304,965 kwh., for the week ended production in kilowatt-hours, both generated and England Power Association and subsidiaries for the 23, 1943 (the amount available for New England Power Total of New Biscuit Co.—30-Cent Dividend— National Jan. and cents per share has been declared on the .common payable April 15 to holders of record March 12. Similar payments have been made each quarter since and including July 15, 1942, prior to which 40 cents per share was paid each quarter.—V. 156, p. 2041. dividend of 30 A the bonds, it is not made as payment of the bonds but is a distribution on account of the entire interest represented by the certificates. It is "hot yet possible to allocate this sum as between the stock and the stock, principal and interest, if any, on the bonds. "In order to receive this distribution holders will be required to send their certificates of participation to the Cleveland Trust Co., Cleve¬ was $10, par Jan. V. an increase of 7.16%. • . preceding week ended Jan. 16, 1943, output was 64,614,381 of 4.29%' over the corresponding week last year.—• 1942, 24, the For kwh,, increase an ' 348. 157, p. .in be completed and the company can corporation is notifying holders of its 10-year convertible 3%% debentures and seven-year 3 lA % sinking fund debentures that $164,000 year still a few Transportation Co. bonds or of certificates of have not exchanged them for certificates of securities of Midwest Vessel Corp. There will be . On to are holders of Senslbar deposit therefor who participation in the 156. V. Dec. the Steamer Dec. 31, with made was of the Steamer J. that that resignation of Fred A. Howland at the age of 78 connection with this company after 40 years with the plus some small additional and spring of 1941-42, was winter the in necessary was 25 of cents was 18 to holders on Jan, cents cents 1942 were 15, of elected has directors the Robert York, New and G. A. Anderson, Minneapolis, Comptroller. Both Mr. Colpitts and Mr. O'Brien are associated with the firm of Coverdale & Colpitts, which has been acting as. Reorganization Secretary, Mr. receiver is Sprague The of Minneapolis & St. Louis RR. Co, at par from December— Net 2,176,612 income— 1,231,745 $3,284,015 1,041,625 621,582 $2,406,314 692,137 330,227 ry, railway—,, 58,626,219 34,921,770 27,892,594 18,635,395 9,134,446 6,488,984 28,170,695 5,849,865 10,471,483 3,969,685 1,937,991 from from Net ry. —V. was made Assistant made Superin¬ Income, oper. 1 ■ . ' V • 6% first Gross grant junior bond issues than was recommended in the Interstate Commerce Commission's plan. Agreement on the new plan is believed to be near committee representing the first and refunding issues and Missouri Pacific managment and Alleghany Corp, committee headed by Robert R. Young, Chairman of Alleghany Corp, Capitalization under the new plan would be slightly less than the $560,478,000 recommended in the modified ICC plan. Fixed charges would also be slightly lower than the $21,695,500 in the Commission's the Steadman between 33/4% of first mortgage series A in cash. v .* mortgage bonds, sinking fund >;v. . ry. 1942.—V.'156, Net from ry. 25 Labor Board —V. .t, being issues The gether • shares with of be issued prior preferred, $5 distributions cash to the refunding A would par no be made to on 15 Jan. cents each; were and Dec. 1, a J. Larkin, that has been declared on the common 1 to holders of record Feb. 19. follows; March 2, June 1 and Sept. 1, year-end of 35 cents.—V. 156,p.1955. „ (Md.)—Changes in Personnel— to opinion of This is one on of the matter of retroactivity. the 70 steel companies which company's of A and the B would common adjustment 6s. go Series to the I-GN B common holders of the convertible 5Vas. holders would be and to trusts, distributed also and employees, them. . of securities has not been fixed and may be changed demand on some of the committees representing the intermediate and the New Orleans, Texas & Mexico holders, it is stated Allocations ' upon issues that maintained V. 157, 256. p. A dividend stock, par amounts Nov. of 50 cents $1, were 20.—V. payable paid 156, p. per Feb. during 1610. share has been declared to addition capital the stock, Like 8. and on New on the common 25 to holders of record Feb. 11. Like 1942 on Feb. 25, May 25, Aug. 20 and year 88,742,413 60,219,289 46,423,402 4,064,762 42,271,902-25,257,990 15.311,983 8,492,405 1,535,453 983,601 railway__^._ income.., o'clock of 13,222,981 Bank, 17,568,115 successor Feb. noon, declared an received ago. week ended Jan. . to the sale it of a Co.—Assets, Etc.— $3,000,000,000 mark the Dec. on 31, Harrison, President, in The increase 1942, it was 1942 and Jan. 27 on the company's 98th the year was review of assets a in • in stated during deducting liabilities general with which in the Dec. on represents close of the increase the aggregating contingencies the a $2,940,000,000, surplus funds 1942, amounted to more of over $13,000,000 as 31, gain previous surplus funds Mr. Harrison stated general contingencies was to policy reserves and after year.' for assets the New York Life increased its net holdings obligations by about $379,000,000. This action U. Government S. the total of such investments: to more than $1,266,000,009 on 1942, which is approximately 40% of the company's assets. 31, no industrial or group on on State, insurance. Dec. 31, and county 1942, A municipal bonds amounted to $144,ago this item amounted to $250,- year bond Other investments of the company on Dec. 31, 1942. included $270,000,000 of railroad bonds, as compared with $286,000,000 at the of the previous year; $356,000,000 of public utility bonds, which than the. $359,000,000 of such holdings a year of industrial and miscellaneous bonds, as compared 1941; and $92,000,000 of Canadian bonds, as compared with $87,000,000 a year ago. Preferred and guaranteed stocks owned on Dec. 31, 1942, amounted to $85,000,000. They aggregated $83,000,000 at the close of J941. On Dec. 31, 1942, the book value of first mortgages on real estate were only slightly less ago; $62,000,000 ' with $94,000,000 on Dec.-31, aggregated $414,000,000, which compares with a total of $416,000,000 for a year ago. Real estate owned, including approximately $13,000.000 for the Home Office, was valued at $77,000,000 on Dec. 31, 1943, Real estate owned at the close of 1941 was valued at more than $92,000,000. During the year 1942 the company sold 1,110 parcels of including 860 city properties and 250 farms. In addition, the company Policy the previous year, The of property.. 1942. aggregated $256,reduction from the figure for has under contract of sale over 700 pieces loans and premium notes on Dec. 31, 000,000, which represents a considerable March reserve for $285,000,000, insurance and annuity contracts $2,507,000,000 on Dec. 31, 1942, having been increased from the comparable figure for the close of the . Association—Output— 22 this association for -close Co.—Extra Dividend— 7 to holders of record March 2 and Aug, 31, last March 3 and Sept. 2, 1941.—V. 156, p. 434. England Gas & Electric the bids 000,000. extra par $20, both payable amounts were disbursed trustee. 11 Broad St., N. Y. City, receive 8, passed company $3,142,000,000 $200,000,000, 000,000 dividend of $1 per share m usual semi-annual dividend of $1.50 per share on the have this to Holdings of reports electric output of 12,661,520 kwh. This is an increase of 564,129 kwh., or 4.66%, .above production of 12,097,391 kwh. for the corresppnding week a For 14,615,823 8,437,279 real estate, — National Acme Co.—50-Cent Dividend— 1,060,991 12 for writes . directors The year, 2,141,764 Policyholders owned more than 3,000,000 policies in the company on 31, 1942, for $7,131,000,000 of life insurance. The increase in force during the year was in excess of $117,000,000. The New York Life has confined its business to "ordinary" insurance. It the Big Steel directive the company.—V. 156, 2135. Feb. 206,845 insurance in The company National Union Fire Insurance to 1,662,229 income__ ;1940 $4,316,381 $43,175,402 Dec. applied in all particulars to all plants of order 2,169,118 conservative current valuations." 'Dec. directives in the "Big informed a media¬ tion panel of the board that it had already applied the terms of the "Big Steel" decision to its Spang-Chalfant Division, which consists of two plants located respectively at Etna and Ambridge, Pa., but that it requested a hearing on the issue as to whether or not the retroactive date in the "Big Steel" case should apply to its Carnegie plant. The United Steelworkers of America, CIO, the bargaining agent for Steel" case should not apply to the 1941 $5,399,430 4,289.341 7' New insurance during 1942 amounted to $403,000,000. Co.—-Wage Increase Granted— the majority company 1939 1942 $8,386,045 During the year 1942 elected been will 348. p. writing down the book values of real estate and mortgage loan March has freight traffic, Vice-President, the made "after making appropriate additions .requests from the WLB to show cause why the p. to of railroad service.—V. 157, Chicago & St. Louis RR.—Earnings— railway statement. After held as director, a 7.592,333 41,579,081 $154,000,000. The A common stock would be allocated to holders of the general 4s, . until than payable $4.07 157, p, 348, annual a general wage increase of 5% cents per hour, retroactive to Feb, 15, was granted to the 248 employees of this company's Carnegie, Pa., plant, by vote of the National War Labor Board, it was announced on Jan. 23. The industry members of the board dissented from the holders Assistant after 50 years by George L. Increase— unanimously ordered A common 1,660,660 Crl,500,544 New York Life Insurance cents per share value, National Supply to- 26,245.582 $1,000 first mortgage 4% gold bond.—V. 156, p. 1691. series B, dated Secretary-Treasurer. has been made Comp¬ troller, and L. Nathaniel Hunter, Vice-President In charge of engineer¬ ing and post-war planning, has been elected a director.—V. 151, p. 2948. issues. of various of 25 dividend Leo con¬ bonds, and B common also the 5s, of International-Great Northern holders and 5Vis, Substantial stock, would bonds income vertible 1,910,388 49,062,283 stockL—$7.61 New York Fire Protection Co.—Tenders— Henry J. Halliwell, former Assistant Comptroller, second preferred stock in the ICC plan. the place 48,805.772 railway brought income bonds and series C 5% bonds, the latter security introduced in the compromise plan to re¬ new a 75.051,334 48,513,449 taxes,„- The Chase National will J 1868. p. National Radiator Co. bonds, series B 4 Yi % 97,575,732 3,900,536 capital on Gelatt, oper. compared A 5,810,924 4,585,218 fixed share from Gross general wage increase of 2% cents per hour for approximately 1,400 employees of this company's Cleveland Works, retroactive to April 27, in issued be 10,850,006 oper. Assets War • railway______ Net 1923. p. •' 1 . From Jan. 1—* interest. National stock, - 6.264,788 from Net 6% per annum to accrue adjustment of premium, National Malleable & Steel Co.—Wage bonds practically the same ratios to holders of underlying bonds, banks, the Reconstruction Finance Corporation and the Railroad Credit Corporation. First mortgage series B 4% bonds would be issued to the refunding 5 0k bonds, the New Orleans, Texas & Mexico first 4V2s and SVhs and the Central Branch Union Pacifies Also included in the new capitalization would be series A 4% income to 164,696 fixed after E. from 1942, allocation of these securities New securities would consist 5,975,620 excepted) 133, The Principal changes are in the classes of securities and in the plan. 1,451,214 profits Net have been called for redemption as of April 1, 1943, at Payment will be made at any branch in Canada of the Bank of Montreal, at the holder's option.— 1930, and Payments during 1942 of reorganization for .the reorganization of the presented to the various bondholders'' committees more favorable treatment. to *.the refunding and been has would which ■ . plan compromise A company Compromise RR.—Bondholders* Get Pacific 11,082,453 New York National Oats Co.—25-Cent Dividend— ' 108,658,185 13,783,010 from December . Missouri 19,083,783 76,502,543 Offered— & Co., Ltd.; Wood, Gundy & Co., Ltd., and Ltd., on Jan. 19 offered at 99V2 and interest, Weir Co., & and A. 1, May 157, p. 347, Plan— 18,278.590 Retirement— 1,284,208 1— From Jan. Gross Net $6,753,156 railway oper. 2,238,347 ^Includes Fed, income & Redemption of Series A and Series B Bonds— All of the outstanding 6% first mortgage sinking, fund gold bonds, $2,177,915 464,241 113,766 railway.,—__ from Net 57,418,760 charges.___ inc. amounted railway——_ from Gross was Co., Ltd.—Bonds & Power Light and price-to. be made interest V. 1939 90,379,595 •charges David plus a premium of 2% plus interest at Nov. 1, 1942, to dare of redemption, (Yukon 1940 1941 1942 Net about yield 102 Missouri-Kansas- Texas RR.—Earnings— 3,737,273 '___ fixed excess Assistant to the Treasurer, Johnson, Purchasing Agent, L. Ycung, Pitfield C. series Secretary. 11,112,330 2,933,004 Earnings per 4.54% (in the Canadian markets), $2,000,000 4%% first mortgage sinking fund bonds, series C, due March 1, 1961. The bankers also offer those bonds at the price mentioned (plus interest at 4 % % per annum from March 1 to April 1, 1943) in exchange for outstanding 6% first mortgage sinking fund gold bonds, series A, and 6% first mortgage sinking fund bonds, series B, of the company, due 1949 (which are called for redemption on April 1, 1943). taken of The Minneapolis & St, Louis RR. Co. in connection with the reorganization of the last named company. Mr. Colpitts'has been Chairman of the Reorganization Committee and Mr, O'Brien been charges Dayis. Mr. Tracy, Roy National Manager lias M. McLeod, to President; apolis, 15,520,955 income- oper. retire Jan. 31 Chairman of the Board; L. C. J. W. Devins, Minneapolis,. Vice-President and General Manager; H. W. Ward, Minneapolis, Vice-President and General Traffic Manager; C. W. Wright, Minneapolis, Vice-President and General Counsel; J. J. O'Brien, New York, Vice-President and Colpitts, • Supplies.—V. 150, p. 2585. officers: W. W. Sprague, Minne¬ 43,411.829 17,726,899 avail... for Total of the company were amended with regard to the con¬ stituency of the executive committee. This committee, it was an¬ nounced, will not consist of,.Mr.-Brigham, Chairman; Mr. Field, Mr. tendent of following 116,351,544 82,890,104 1,397,936 deducts, Inc. The by-laws distribution A 8. 190,996,598 1,081.450 1,076,548 income Mr. Meredith is Treasurer of the company and Assistant to the President. Mr. Davis is.General Counsel; Mr. Jackson is Actuary and Mr. Pierce is Secretary.' Each remains in the post named, with the new title of Vice-President also. • of record Feb. this year. 6,216,659 5,175,256 17,364,131 income Misceli.. $ ' rents vy. oper. income Total ' $ ' 41,316,307 593,666,196 447,789,655 35,099,648 402,669,598 331,438,111 accruals, tax ry. Other agencies; Treasurer. Minneapolis & St. Louis Ry.—Officers Elected— board Net 1942—12 Mos.—1941. $ 54,566,465 37,202,331 ' ' 2,670,680 from rev. Equip, & jt. facil. and the following four new Vice-Presidents: L. Douglas Mere¬ Davis, Henry H. Jackson and Herbert R. Pierce. Mr. is, and has been for many years, Vice-President in charge of Field W. The Net ^Railway Deane C. dith, follows: as . elected, Jan. 15 and April 15, 15 each; Feb. 14, an extra of 20 cents; July 15 and Oct. 15, 30 each; and Dec. 15, an extra of 25 cents.—V. 157, p. 43. * during .Payments from official company, 21 provided by the by-laws. Mr. Howland will remain as one of the 13 members of the board. The five Vice-PreSidents elected are Edward D. Field, who was re¬ declared on the common share has been per made Feb. payable stock, cents 35 '' operating revenues. Ry. operating expenses. six years as Chairman of the board, and the Vice-Presidents were announced at the 93rd the directors held on Jan. 26. Mr. Howland was made Honorary Chairman of the board. Elbert S, Brigham, President of the company since 1937, was re¬ elected President. The office of Chairman of the board will remain vacant for the present, President Brigham serving as Chairman as Meredith, and dividend of .... : 1942—Month—1941 Period End. Dec. 31— of meeting annual Supply Co.—35-Cent Dividend— Midwest Piping & A • . Central RR.—Earnings— Ry, years as President and election of four new $330,000. In full settlement of all claims, Midwest Vessel Corp. and Construction Aggregates Corp. agreed to pay $211,100 net, the balance being borne by The Columbia Transportation Co. and Manitowoc Shipbuilding Co.; and of this $211,100, Midwest Vessel Corp. paid only one-third, or $70,366.67, the balance being paid by Construction Aggregates corporation. <The; option price for the three vessels was fixed by the original charter at $800,000, less credits for excess rentals over the stipulated minimum as provided in the charter. After taking these into account and also making allowance for the unpaid balance of this company's share of the mortgage indebtedness on the Steamer J. R. Sensibar, the balance due at the time the option was exercised was $685,967.60. Construction Aggregates Corporation paid -this sum in cash; In addition, the company had on deposit the sum of $43,871.54 repre¬ senting receipts from rental payments, so that the total cash on hand as of Dec. 31, 1942, was $729,833.14. All indebtedness had been paid except a few current items, bids for legal and accounting services and taxes, in an amount not yet determined. approximately ■ York New 7 The done on this vessel at Manitowoc, was work ... the usual quarterly also declared a Montpelier, Vt.—Changes National Life Insurance Co., The total cost of the work R. Sensibar. ditioning t ... dividend of 81.25 per share of the $5 cumulative convertible preferred stock, no par value, payable May 1 to holders of record April 15. A similar distribution, previously declared, is payable on Feb. 1, 1943.—V. 157, p. 44. - * in Personnel— Columbia Transportation Co. and claims arising out of the recon¬ The share year-end of and on Dec. 29, a each, cents 50 . , dividend of 50 cents per (Including All Leased Lines.! completed on for the Co. Shipbuilding . . a $1, payamle March 1 to holders of record 1942 were as follows: March 2, June 1, par 1, Dec. directors The Director to succeed 1942. Settlement Manitowoc and 1 declared 27 during Sandmaster, Steamer Sandcraft and the Motorship J. R. Sensibar, and the transfer was the purchase alstf its option stock, Payments cents. 50 Jan. on common 13. Sept. . Reichhard, Production Manager, has been elected the late Henry G. Sidford.—V. 156, p. 608. T G. Leonard Construction Aggregates Corp. exercised 1942, 24, Feb, National Lead Co.—New Director— distribution made no 1777. I>. directors the on respectively, have been drawn by lot for redemption on March 1, 1943. The former issue* is payable at 102% upon presenta¬ tion at The Chase National Bank of the City of New York, and the latter issue will be redeemed at 101% at The New York Trust Co.— securities. the old on there that announced is It The $336,000, and Co.—Divs.— Newport News Shipbuilding & Dry Dock The 1943. However, it will not be possible to do this until the Bureau of Internal Revenue has finally audited the tax returns of the company and the amount of any taxes that may be due has been finally determined. Steps are being taken to expedite this and further distributions will be ordered as soon as possible." the during dissolved i Products Corp.—Debentures Called National Distillers land, Ohio, for stamping. "It is hoped that the liquidation . • amounted to by $100,000,000 previous year, $2,407,000,000. The present value of amounts-not yet due on supplementary contracts was $212,000,000, which is-substantially higher than a year ago when this item amounted to $187,000,000. The liability item of dividends left with the company aggregated $138,000,000 as compared with $130,000,000 at the close of 1941. Volume Number 4147 157 THE COMMERCIAL & FINANCIAL CHRONICLE i ■ " - ■ 477 ■ . i -The > declared -thej company of- scale same dividends annual policies in 1943 as it declared in 1942, and the amount payable to policyholders in 1943 is $32,000,000.—V. 157, p. of its on Northern Insurance Co. of N. Y.—Extra Dividend— dividends The directors 168. in " ' " . ' i ■ the Noma Electric Corp.—25-Cent Dividend— A dividend stock, of $1, par 25 cents payable declared share has been per March 10 to of holders addition record the on 15. This xt Electric 35,494,000 North American Light & Power Co.—Has Jurisdiction to Hear The Its Unliquidated Claims SEC Says— SEC which liquidation. jurisdiction The 23 Jan. on in to with comply But- the SEC, determine to the granted extension of six "death sentence" order requiring four-to-one opinion, held it had a in a company unliquidated claims against the Public matters : Iowa arising Iowa and Iowa out of Power for the under was the order Co.—both benefit the Light & extension of the of Dec. (1) 1941; 30, registered a Light of holding time within claim a claim of contention asserted Illinois that by section which it 11 been had 157 Co. kwh;, compared as last year, week for system of air mail This company a of must have of Illinois for Act with (2) motion to dismiss jurisdiction On Nov. based adjudicate to 1942, 28, is the issued we Gross Gross which and our briefs 11 of the Act (c) memorandum filed the on was opinion filed Nov. on 28, question of extension is intimately related to the hearing the and $503^785 'i55S railway:—, on interested various parties A A of It this is cents liqui¬ opinion no Dec. of 50 cents value, par :&?, Under exceed 3,215,791 3,266,653 23,201 ">15,025 237 390 226,131 * 32 648 • 242,650 above.—V. 151, p. 3897. Feb. made to 20 holders Dec. on 21, of 11(a) the Act we directed are "to examine the and common amounts the last Jan. on the usual Nov. on last, 10, thereof, the relationships ing-company system of every such interests thereof.. authorize ." . . In this among the companies in the hold¬ and the character of the stock, proceed until have We where the the reached claim the formulation has point been in and in each liquidation & must be proposed, whomsoever the plan found A had never or filed a plan, in such event it would be the 11 (d) to propose or approve a as found by it to be fair and equitable; and any such finding pre¬ a determination of claims asserted against the estate. The plan supposes will issue denying dividend „ ,, remaining is whether Light & Powers application 11 (c) of the Act should be granted. Section 11 (c) question section under that the Commission shall extend the time for compliance with any order under section 11 ibt for an additional period not exceeding one year "if. it finds such extension necessary or appro¬ priate in the public interest or for the protection of investors or con¬ sumers"-—upon a showing made after the entry of the order that the provides applicant has been with the order in the exercise of due diligence to comply .from the date of its entry. The record unable within a unable within ♦After $6,137,688 comply. with statutory one-year additional and period, required for that purpose., . ^ time will be * Light & Power had heen counsel for certain of the public preferred stockholders of Light <fc Power, asserted that the management and counsel of Light & Power were not in a position to act, effectively on behalf of the public security holders of Light & Power because that company is under the domination of The North American Co. He opposed the application for extension on the theory that some means ought to be devised for lodging control and repre¬ sentation of Light & Power in the hands of disinterested persons such as might be appointed by a court in place of those who have been staff The in its brief .recognized that Lawrence R. Condon, appearing as diligent. selected by North American. ■ . _ ^ While it is true that the were management and counsel of Light & Power by North American, this is only natural in vis-a-vis the public selected extent of North American's investments, view of the in Light & in which such a situation is presented, there is the possibility of undue control of the management to the detriment of the public. However, we conceive it to be our function and the function of our staff to be vigilant in protecting the interests of In Power every case detriment at the hends of holding com¬ panies, their management and counsel. The record does not indicate that expeditious compliance may not be had from a continuation of the present proceedings before the Commission. When mandatory cial proceedings are necessary, we shall not hesitate to resort to minority public holders from to approve some plan as fair and equitable in the light of the Illinois Iowa claim and other matters bearing upon the extent and character of Light & Power's assets and liabilities, we think an extension of time for compliance with our liquidation order In is in view of our duty the public purpose, as soon as a ... Jan. Aug. 1 156, 20. alleged causes of action arising before and outside the Act and that the motion to dismiss should be granted. For that reason and that reason alone I also think the ^application for_ an extension under section 11 <cV should be denied. Since a court taking jurisdiction under either section 11 (d) or 11 (e) has by the terms nf the Act "exclusive jurisdiction and possession of the company and the assets thereof I feel the sooner the case and its disputes as to gets UitQ such a court the better. for Dec. on 156, and Nov. 1,119,29fj 580,863 51,139 62,499 m,3d . 825,307,801 $24,579,458 ~r , ■ . stocit $878,845 23,804 23,804 528,295 $87,074 "1,83.015 — $100)111" (par ; t,: $726,323 2,38(7400 2,380400 . depreciation 31, 1942. of $25,307,807 $24,579,458 $5,535,197 Dec on tRepresented by 31 1941 no'par 476,062 and shares. 1869. p. of 50 cents share per has been declared successor common year-end of 75 cents.—V. a the on Feb. 5. Aug. * /. t 50 authorized The director? recently Co. declared *Divs. cents to P211 the on $43.70 above AmPi"iran issue share.—V. per Pptrfilpiini retroieum Thereto I dissent._V. 157, I'ljSs 484 KW 1'536'06^ 1-706'990 6 -712-Bag $860 $41,493 t$73 792 allied 7*392 3o'llO ' 157 $7,495 of Feb. Dec. 30, the to Chase Jan. 2, 1943 1243. p. share per . ; income cr & &anta Oil Co. Bank RV re 27,587 shares, handle by the and owns as- operates under ( T ^ludes „ Ry. operating revenues. expenses. Net rev, from ry, oper, Railway taxes Cn to El Paso, El with, a Tex., Paso about County, line system T 20.21 miles, This in Dona railroad Albuquerque, N. Ana County, connects Mex., at owned the and N. Mex., State line operated by the Atchison, and for many years it has been operated by the latter, under lease, as part of its through route from Albuquerque to El Paso. The present lease, to the Atchison, is dated Jan. 1, 1933, and is for a term ending Dec. 31, 1942. It is now deemed conducive to economical operation of the railroads of the Rio Grande and of the Atchison that this lease be not renewed, but instead that the Rio Grande's properties be leased to the Panhandle.—V. 140, announced standing for at the redemption will be made New not at York, N. shares of _ , of the of business April Jan. on 1943 1 at the first 22, $100 preferred of such stock shares 1943, have been and dividends. of out- drawn Payment The stock common See also V. to 157, and p. including March 18, 1943, but 259. , payable were on Feb. made March 10 on per to share has been declared holders March of record 10, June 30, Nov. Feb. 7 24, April 24, Nov. 12 and Dec. 9 Paul a,7 7 directors The in addition to Revere Fire 2. and on the common the usual an Similar Dec. 23 distributions last year 1*56 1941—V Insurant Tn extra dividend of semi-annual 1 1942—12 Mos.—1941 $ $ 22,948,786 13,963,266 284,280,711 171,245,421 2,704,910 104,434,824 50 196 435' 757,262 10,144,860 8,054,382 757,264 10,150,521 8,064^703 5,628,481 924,438 787,157 185,704 6,033,319 14,285,730 8,770,969 145,059,299 New Freight Cars to he Built hv Cnmnnnv 96,824,320 Net ry- °Per- income. xreigiu L5US 10 De UUlll Dy company— °ne thousand heavy-duty- gondola cars, with wood temporarily in the side sections to conserve steel for the planking used effort, are open-top cars required for the transportation of vital war materials, it was announced-on Jan. 28.* Each car will have a capacity of 70 tons, T1?e construction program provides for all of the new cars to be in service during the first half of 1943. War Production Board approval has been obtained for construction of the cars, which have been designed so that after the war the plank side sections can be replaced be built- by this road to augment l'eadily with steel plates, which will all-steel construction. Eteel posts sections, The and The braces will be cars the fleet war of assure the long-term durability of and trucks are of steel, and underframe provided are constructed in for the temporary Pennsylvania RR. plank shops at a side total cost of $3,150,000. The railroad already has in operation 1,500 open-top freight the composite wood and steel design which also incorporate for replacing the plank sections with steel after the war. cars of provision Of these, 500 are gondolas of 70-ton capacity, 500 are gondolas of 50-ton capac- ity and 500 are hopper cars of 50-ton capacity.—V. 157, p. 348. Peoples Light & Power Co.—Files Plan Of Recapitali-ruG,™ and 1612 p company "RV+ra dividend of filed ' nixr 10 cents per share 60 cents per share with one the of SEC, Jan. 25, methods three or a by voluntary plan for combination a of thr6G Company, by reason of steps already taken to bring itself into compliance with the integration section of the Public Utility Holding Company Act, now consists of one holding company owning all the voting securities of five subsidiaries doing business in Texas, California, Oregon, Idaho, Nevada and Wyoming. •' It has ferred of capitalization present a stock ($25 class stockholders stock, Revere *ire insurance Co.—Extra Div.— declared have nw 2,082,254 95% the ^cla!f R 2 9 B par), $62,520 ($1 common of capital of of $2,080,025 class A $3 convertible common ($1 pre- par)!' and par). adjustments the voting power, so as to give the preferred class A stockholders 2.1%, and ' The first suggested method would be to amend its charter to permit reclassification of the three issues of stock into one class of capital stock. A second method would be to form a new company with one class of stock, (The) f 3,073,891 The plan proposes , dividend of $1 x, — • , $83i201 Fatchogue-Plymouth Mills Corp.—$1 Dividend— A n 840,031,165 615,253,004 49,912,102 -40,915,160 555,750,454 444,007,583 taxes. recapitalization by Bankers Trust Co., redemption agent, 16 Wall St., called stock will continue to be convertible Y. thereafter. of one-half of the total number close as shares 59,282 anH 11,417,316 * tliG that t?r 924,450 The is provision indium 809. p. Paramount Pictures Inc.—Preferred Stock Called company, being 13,751 No Rf* a"d B' & E* RR-> 684,091 501,596 t0 ooca Ity.—cease— insur. T 1942—Month—1941 $ $ 72,860,888 54,878,426 Railroad retire, taxes.. New of all their stock, except directors' qualiTopeka & Santa Fe Ry., and their parts of the Atchison system. The Panlines of railroad in Texas, and operates, Tex. to 114,462 4,751 Equipment rents <Z>n__ Joint facil- rents 1>r- promissory notes (Indiana). of lease, the properties of six Texas corporations and one Oklahoma company, and part of the properties of the Pecos & Northern Texas Ry. The Rio Grande owns a line of railroad extending in a general southerly direction from a point on the New Mexico-Texas State line and 115,664 3,784 income tax rate RV- operating Atchison operated are 29,004 1,764 iFvHnriP* to The ICC on Dec. 29 authorized the lease by the company, of the properties of the Rio Grande, El Paso & Santa Fe RR, Both roads are properties $11,313 estimated! at 30%. profits tax required.—V. 156, p. 1779. excess B , controlled through ownership fying t$53,347 allied of Period End. Dec. 31— • P..I...J1. $38,121 Pennsylvania RR.—Earnings of Regional System—V "Sun.")—V. 156, p. 2228. .rannanaie 15,582 $3,141 10,326 , Note—1942 Federal Rprlnrac Co.—Reduces Tn In- iransport Standard 7,645 $37,221 77 companies tDeficit, fAdjusted. on reported were ' Traninnrf National 27*534 8,640 1,900 17777 , ® inc> r Pen°d— 7777 • Mfter charges for depletion and deprec. It also paid York, amounting to $2,000,000 and due Nov. 12, 1943, as well as making final payment of $500,000 with interest due Oct. 1, 1943, with the same bank. The company paid a note for $420,000 with interest held by the National City Bank of New York, which matured Jan. 14, 1943.—(New York by 27 190 5,535 2,454 . . unemploy. 1952, held t$17 503 ' Estimated income taxes 8. ♦Net $1 Company reports it has prepaid $2,000,000 of 3% notes $52,296 6'275'227 : t$36,290 9,412 ^ —.... due 8,145 " Charges to income common aeDieaneSS— off 2,657 6,478 cos.. income +10/11 JwM424 Consolidated—Dividend at as 156, Subs.)—Earns, iqao.io'mab $1 536,925 Gross income , of accumulations on the 6V2% cumulative preferred stock, $100, payable Jan. 29 to holders of record Jan. 26. Payments during'1942 were as follows; Jan. 29, April 29, July 29 and Oct. 29, $1 each; and Dec. 15, $2.50. Arrearages (& tio/ii _ par amount from Sundry Corp. Mn« Operating profit _1__ t dividend a ' Coke & 0per' expenscs * taxes the Cement of the York County Gas Co., there have been called for redemption of ll Broad St., New York, N. Y.—V. 153, p. 560. q*£ "earning" for Portland trustee, 157, p. 258. «x President total a 'pprfoH T?nH common - t-w Crippen, • ■ Corp. of California—$5 Dividend— *ri I. above company, 1943, Pennsylvania Coal Payments 20, 1, of the on to the Mar. $300,000 of first lien and refunding mortgage series A 5 Va % sinking fund gold bonds, dated Sept. 1, 1925, Pennsylvania Gas & Electric Co., at 103 and interest, Payment will be made at the Chase National Bank of the City of New York, 1, ^ share has been declared per of as ... Pacific on 348. 5 907,576 80,832 580,863 equipments*. preferred reserve successor Like 1508. p. .... • Healy, dissenting, stated. I think the Commission, lacks jurisdiction to determine the uniimiiriated claims of Light & Power and Illinois Iowa against each Commissioner p. and wi According to .C. on - into necessary. clalrm 1, per share purchase of not to exceed $500,000 of 5'.preferred stock at $95 per share. The offer expires Feb. 20. —V. 157, p. 45. ' It based cents The corporation has this other 20 xt-»x interest and for the protection of investors and con- our 6,711,682 24,907 Pennsylvania Gas & Electric Co.—Bonds Called— ; cents Offers to Purchase 5% Preferred Stock— such a plan has been approved, It is apply to May record 1941.—V. 5 per distribution of $7 per share out of surplus was made on Dec. 8, last. Quarterly dividends of 30 cents each were paid on Jan. 2. April 1, July 1 and Oct. 1, 1942. court for its enforcement. It appears that the present proceedings will not be disposed of in less than six months. Accord¬ ingly our order will grant Light & Power an additional six months to comply with the liquidation order, without prejudice to its ng^ht to renew its application for a further extension of time should that be Kumers to of of cents year &. Power, in the exercise of due diligence, has the liquidation order of Dec. 30, 1941, Light to the 2,865,09(> 4^7831588 ' 35*816 8,285[583 employees ——-> 25 on A ■ that indicates been (net)_-__ accounts of Total 10. account _ $760,825 J Li'. ~ with A special dividend of $5 per share has been declared on the stock, payable out of surplus on Feb. 18 to holders of record the motion of Light & Power to dismiss the hearing the claim. The 31, quarter during Pacific Finance performance of our functions under sections 11 (d), (e) and if) of the Act requires us, as an essential incident, to determine the validity, amount and rank of the Illinois Iowa clairmi An appropriate .order on of each; and Nov. 20, "fair and plan is fair and equitable, we must pass on the validity of the Illinois claim. This would be true even if Light & Power withdrew its duty of the Commission under section conv. cents 50 Elevator Co.—20-Cent Common Dividend— dividend Iowa plan, ^ on preferred stock-, for Federal income taxes—Y cum. in 8,315,438 tSSST Outboard Marine & Mfg. Co.-50-Cent Dividend* equitable" by the Commission—and subsequently, when enforcement is sought, by the court. A plan has already been filed by Light & Power, in which the Illi¬ nois Iowa claim is not recognized or provided for. As an incident to making our statutory determination as to whether Light & Power's 10 holders to Jan. on of Stock, par $5, payable Feb. 20 to holders of record during 1942 were as follows; Feb. 20, May 20 and Power formed. a receivable tsxes——— stock, payable • March 20 to holders of record Feb. 23. Payments during' 1942 were ss follows^ M&rch 20 End June 20, 20 cents c&chj Sept. 21, 25 cents, and Dec. 21, a year-end of 35 cents—V. 156, P. 1778. fair and equitable plan which remains to be per¬ and of Light of liquidation is the onlv substantial function By effectuation of both dividend extra an dividend ^ A determined. the $5, par disbursed were year, OtlS company opinion, section 11 (a) alone would the claim. Without doubt, this pro¬ our proceeding on ceeding is part of an examination of the,relationships between Illinois Iowa and Light & Power,, and the character of the interests thereof. And because of the substantiality of the claim, if it is well founded,no determination of what is a fair and equitable plan of compliance can accounts f0t^'" 4'/« hostilities 100,000 3,126,556 4,774,626 __ Accrued, dividend Feb. compared and ending common record 1941, of $1,219,583 . bonds..,.,..:.* . —V. paid 30 quarterly corporate structure of every registered holding company and subsidiary company cessation L,abl»ties— Accounts payable, trade and miscellaneous ' the on of months " machinery Provision share has been declared per was Feb. company share amount the value of any interest which Light & have in Illinois Iowa. section The . very substantial a Power may after PrepiM 'Hill . by dates " »st less amortisation............ Oswego Falls Corp.—Extra Distribution— unliquidated may six to sufficient for present purposes to note, that the asserted claims, though in amount, are, so substantial that if liability exists it specified Wire Co.-Bonds Called— & 20, 1942; 15 cents 1939.—V. 156, p. 2227. 1, the consolidated Balance Sheet, Dec. Treasury $211 233 ' payable distribution on at „ S. Notes and Manufacturing Co.-50-Cent Dividend- dividend similar for Construction work in progress——: LrhcJ —, ^^ ?21 $248 3,526,670 1,525,063 See Northwestern Barb Wire Co., stobk, tax war. Expense advances to and iqoq ■ :Si86 329,087 Ontario profits Inventories 1942, dation. It does not seem to us necessary for purposes discuss in detail the nature of the claims asserted. U. - the claim, that to iqah $268 2,1 5,190,198 income—. oper. Northwestern Steel Hearing has for extension. Since the application serially Assets- ♦Deficit.—'V. 157, p. 169. issued. was iqai railway.... railway from ry. memo¬ it appears necessary now to outline more definitely the future course of the liquidation of Light & Power and the relationship of the Com¬ mission, the courts, 1Q49 from Net Net excess Investments — from excess profits taxes for the six months amounted to $703,294 against $727,928 in the like Cash Wire Co,— & .$2'23 excess profits taxes. and estimated present ♦Bldgs., claim our the Northwestern Steel as $1,102,727 $L64 „ ~ Northwestern Pacific RR.—Earnings— the on The mature known now Income 1 £®c' 31' JSf. is after deducting $48,386 for which according to the A .!\ 1942, the corporation and certain of its domestic subsidiaries will receive United States Government non-interest bearing, non-negotiable bonds within three months after payment in full of the excps profits tax. These'bonds, representing a post-war credit, will com- 3349. December an liqui¬ our is Iowa, no Iowa. 146, p. an the comply V, 1942—6 Mos.—1941 $830,480 ended Dec. 31, 1942, period of the preceding year. 1942 in , Notes—(1) of . pounds subsidiaries) $608,116 l°*S3 $L23 Aftei all chaiges, including Federal income and with increase an domestic 1942—3 Mos.—1941 $419,211 EaSiP,f the 258 p ' wholly-owned "Net profit total of $33,500 of first mtge. 5V2% sinking fund bonds due Aug. 1, have been called for redemption as of March 22 at 102 and interest. Payment will be made at The Northern Trust Co., successor trustee, 50 So. La Salle St., Chicago, 111. while Illinois application occurring and (2) (c) The Iowa. we. Illinois on (Including . • claim pursuant to section day 40,643,000 corresponding 348. Power ^ arailine Companies, Inc.—Earnings— * (Del.)—Weekly Output— States totaled 156> P- 4g6. ' Period End'Dec- 31~ A randum opinion after oral argument on the motion to dismiss, direct¬ ing that the hearing on the claim proceed and reserving our decision the jurisdictional question. Light & Power's application for exten¬ the last 18, 1945, on sion the Aug. 2 31ld Aug- *' Iast year' g' r 516. p. $10, both payable peb.-i to holders o( record par of the Light & Power has asserted certain cross claims or claims by way of equitable defense or set-off and has moved to dismiss the hearing which we ordered on the for 157, p. and holders ' Northern 1943, 16 to Northwestern Barb Wire Co.—Bonds Called— by and company 1941. the to Power & Light & Power; to pursuant dation order of Dec. 30, respect of control Power With kwh. Government.—V public-utility subsidiary of Light & Power—against Light & Power alleging certain wrongful transactions to the detriment of Illinois by 23, Feb. on 15 Utility Holding Company Act of 1935 requiring liquida¬ tion of North American Light & Power Co., a registered holding company, and directing that company and its parent, The North American Co., to proceed with due diligence to submit a plan for the liquidation of Light & Power. There are presenting before us two Illinois paid Feb. 1941, according to Croil Hunter, President. Airmail pound miles last year totaled 2,528,042,954 compared with 1,871,311,191 in 1941. The increase was achieved despite a curtailment in service due to turning over a number of planes to the company. of the Commission to assume such jurisdiction was con¬ counsel for company, who held that it was a matter for court determination. The opinion of the Commission states: On Dec. 30, 1941, we entered an order under section 11 (b) (2) the payable 18, 1941,—V. 156, The corporation carried 3,133,184 pared with 2,560,869 pounds in by of both Northwest Airlines, Inc.—Record Air Mail— an right tested the of the capital stock, fnd'tmFeh^f dividend of $1 per share of $1.50 per share on dividend States Power Co, Jan. 14.5 %.—V. ' « extra an. were and Aug. . output ended $12.50, amounts 15 r.. declared semi-annual par Like xx week months 5. Northern 10, last year, 25 cents on Mar. 10, Dec. 21, 1939.—V. 155, p. 640. on Feb. 25 usual stock, year, and on Feb. common Feb. record compares with 35 cents paid on Mar. 1941, and 30 cents common Jan. on the to J iT_ J .. . , . ^ t that to be issued in exchange for the present outstand- inS stock; and the third possible method would be to merge Peoples Light & Power int0 West Coast Power Co>> which would increase its outstanding stock sufficiently to obtain through exchange the present outstanding stocks of Peoples. THE COMMERCIAL & FINANCIAL CHRONICLE 4781 In of any Would get class A shares^ of share of the old, as new 1942—Month—1941 Dec. 31— revenues. .,- $4,513,840 Total oper. expenses— 3,234,253 $3,233,336 $44,311,307 $39,048,003 2,617,286 32,544,485 28,362,515 revenue.^ $1,279,587 $616,050 $11,766,822 $10,685,488 accruals- 484,730 Ry. operating expenses. oper. tax facil. Joint Net , Dividend $6,947,751 Drl4,115 43,372 Dr42,085 Dr715,844 Dr580,297 Dr586,407 $698,658 41,721 $371,488 $6,275,279 58,791 31,879 Net $7,282,099 Drll,955 income income $427,689 "Railway tax accruals— i: Equip. A :jt. facil. rents 3,403,389 D/'84,244 met) income- oper. ry. Other rents 4,819,071 $794,857 Operating income-—.-Equip, rents (net) 188,361 —— 18,056 79,133 . 593,260 : ■ $854,456 $7,378,279 261,353 330,410 $1,115,809 $7,708,689 248,877 income $421,422 $6,947,672 $6,636,486 7,820 $799,171 —- $1,403,531 3,336 $951,185 3.350 $5,459,812 93,364 $6,225,266 77,563 92,327 $1,400,195 $947,835 $5,366,448 $6,147,703 profits taxes— $207,266 $171,720 $6,792,524 $3,287,443 credit adj. for sim¬ taxes prior years 104,250 285.503 106.119 Cr$78,237 $65,601 Total Miscellaneous deductions income from 1934- Income ■ available fixed charges Rent for leased and " $783,397 $413,603 $6,855,345 $6,532,235 5,405 5,520 67,609 66,816 debt on excess roads Also 260,767 270,713 3,218,670 $137,370 $3,569,066 $3,236,907 \" ■ Income _ J— — —'—• - $517",225 ~$137,370 — $3,569,066 1,250 *$3,235,657 J, Bowman, have well recently Net ry, many '1931.. . Net Gross 170. p. the in for the \ 11;139, 39,347 Net. from 1.235,639 475,371 405,359 282,931 247,131 1942 The Sept. and of monopolies. Congress specifically considered a 69b return a fair return Let us see now what the Pere Marquette has been fair, are past, in even the ease of 5,706,881 5,036,968 3,367.546 1,962,490 1.226,779 579.708 15,040,988 2,140,767 1,382,782 23,651,85? 1941 — 1.07 1937—— 1.64 — Net rev. from ry. oper. Railway .A.'- ' 1940 1939 ; $109,519 $76,611 "2,389 "11,659 1,292 1938— The 2.74 1941 0.53 - — 1942-.——— 10-year 1935.——. 3.04 1939—,——,. 2.07 1936 3.45 1940———— — Net 1,242,044 399,204 1,070,865 329,087 242,650 the current 3.54 3.57 2.43 rents 54,402 344,878 1,240,175 373,196 ' 702,699 —V. It will be at the ated that seen in even when 1942 the Pere Marquette rate at which it has operated earned only 3.57% on its investment or little more ■"6% rate of return which has been considered fair. highest avge, since 1929, it than half the dividend a of $4.12 share per spite of this unsatisfactory rate of return, Pere Marquette is compelled to face the possibility of another wage increase while the same time Federal agencies are trying to whittle away our In at available is dividend with each $2.75 holders to Mar. on present rates. railroads to in late The which 1941, the face of In rate last increase grudgingly given the increase granted was partially compensate them for the Net the Pere ry. 2310. p. of class the B- 7%"' Remington Rand, Incl (& Subs.).—Earnings— -i. Period. End. Sept., 307— Net sales ———— Cost of sales ' . profit' Gross aggregated nearly $400,000,000. circumstances, how can the board of directors vote dividends . $9,770,439 $10,040,993 $19,011,434 $17,044,390 '.5,130,265 5,913,280 10,204,462 10,780,105 ———„ The class Feb. Mines, Ltd.—Production— the fourth retirement of ) 7,092,964 2,033 690 3,328,461 3,911,694 26 690 3,259,661 4,420,903 405,762 203,842 tax—729,487 656,046 leaseholds—— y Taxes (other than "Prov. for Federal inc. taxes by utility subs.-— for Federal subsidiary Utility Provision income for State :— taxes)— excess profits -—— income tax by a -—. $17,238,773 $14,919,934 Net operating revenue- income Net deductions —— income Dr333,506 $16,561,260 $14,586,428 income Gross Income Dr677,513 ——.—— 6,894,603 Minority interests in income: Dividends on capital stocks 6,909,277 $9,666,657 ———————,—— $7,677,151 ' held by public—— Minority interest a subsidiary of subsidiaries '' 1,555,875 ————— 1,575,875 16,934 A stock, 15.'' i ——————— 5,283,114 4,157,852 3,670.690- 1,860,498 998,157 1,252,619 800,209 1,076,852 $8,093,847 $6,115,031 for Federal normal tax, surtax and excess profits tax for the 11 months ended Nov. 30, 1942, have been made on the basis of the 1942 Revenue Act. It is the opinion of the officers of the "Provisions companies that there is rio liability for Federal excess profits tax for the year 1942 except as to one utility subsidiary, in which instance Federal excess profits tax for the 11 months ended Nov, 30, 1942, is provided for after the application of the post-war credit.—V, 157, p. 45. Philadelphia Insulated Wire Co.—50-Cent Dividend— declared a dividend of 50 cents per share on the common stock, no par value, payable Feb. 15 to holders of record Feb. 1. This compares with 25 cents paid on Aug. 15, 1942, 50 cents on Feb, 16, 1942, 25 cents on Aug. 15, 1941, and 10 cents on Feb. 15, 1941.—V. 156, p. 1155, The directors have $9,127,066 169,980 306,819 10,000 23,903 2,278,540 6,593,144 2.966,973 $1,918,590 $2,203,200 $3,302,28$ $6,666,223 365,968 ; ' 11,512 •••" V, taxes 170. p. ' foreign income " \ 31,0001 •' .3,256,636 ' " have declared no vV:';.' ' of June 156, 37'/2 1, p. value, par V 1 March 1 and holders of to were made the. above on I, ,1942, Dec. and, for in issue on for. excess profits taxes totaling $620,000. . , depreciation of properties amounted on Consolidated '■ ; ■' Delisting— Balance Assets— Sheet, Sept. '--"./V;.' \ deposits and cash V, S. Treasury tax savings ♦Accounts; desire to dispose of it; bility of the market, in the event that they should volved in maintaining listing and registration cn the Chicago Exchange," and that because of the relative Inactivity of the stock for the last several years there has been nocompensating advantage either to the corporation to its stockholders.—V, or 144, p. -1297. Provident Mutual Life Insurance Co, of Philadelphia —Results for 1942— vv,"/ - During 1942 the of U. S. Govern* by $20,154,000, a sum which exceeded the total increase in company assets during the same period, according to Pres. M. A. Linton in his annual report to the policyholders. Holdings of U. S; Government securities now stand at $98,033,000, or; 23.9% of .' the total company investments, Mr, Linton said. Payments made or credited to policy owners and beneficiaries amounted to $26,589,000, and assets increased by $19,467,000 to a new high of $419,660,000,' according to Mr. Linton. Insurance in force also stands at a new high level of $1,037,735,000. Contingency; reserves amount to $23,183,000, an increase of $1,159,000 during the company increased Market values $7,286,000 in Premium or its holdings bonds year. income ■ credited belonging Because to to of bonds excess for of 1942 stocks and book values, at the end • of "v the during the year policy owners and number the of advancesii^^_-:_li^^,:i^ and 3,610,492 1,101,401 ' 1,109,111 1944,928 ': -1,014,617-. 9,389,593 L-u'xJ.-i'l.'—i'' 8.432,111 1,578,452 charges i;036,033 ■ ' l ■'! 1 ■ $64,573,562 $53,621,441 — Liabilities— Trade 16.065,498 '15,738,310 . [ Total . '■!• '' $928,295 payable., accounts 1,260,646 company's $1,038,64$ 1,167,41)2 Commissions, salaries and wages^^---*-™-^^. 2,133.043 Accrued taxes, interest, insurance, rents, etc..„ ,1.525,615, Est.. cost of redemp. of merchandise coupons J and completion of service contracts-^_L„^_.»., 740.305 U. S...and foreign income taxes (estimated)^-— .11,208,545 Advance U. on Dividends • J-• •. 4,202,716 17,882,342 ; Bank, loans S. Government contracts ; payable 1,358,324 570,500 3,765,599 900,000 555,261 , due after one year Reserves for insurance, etc.Reserve for foreign exchange 241,607 161,087 fluctuations—.,^ Reserve for. contingencies-.,-^—. Funded debt outstanding———--——. 1,820,842 1,145,645 Liabilities 555.123 . 223,519 129,893 207.223 236.383 2.478,860 10,300,000 926,685 18.000,000 S4.50 cumulative($1 par)—: stock ($25 par) ——1 preferred, ipmmon stock 4,623.296 4.623.293 1,743,040 1,743,040 Capital 8,836,550 8.836,550 10,484,544 7,725,637 surplus Earned surplus Total them. considerable equipment— KLand, Ijuildings, machiner^retc; ' $34,109,000. For each dollar of a total of $1.35 was either paid beneficiaries or added to funds was and , ——■ . — - year agents are now in the armed services of the country, and because of war-time disturbances, new life insurance paid-for in 1942 was considerably less than in the previous year. It amounted to $64,716,000,-a decrease of 13.7% from the 1941 figures. Terminations-of insurance .by lapse and surrender were only 2.4% of the average amount of insurance outstanding. In view of the prevailing low interest rates, particularly on Govern¬ ment securities, the net interest return on investments has continue^ to decline. This decline has been increased by reason of a new Federal tax on,interest income.- As a result, dividends for 1943 will be on a reduced basis. This change in dividends does not affect the guarantee' in the company's policies that interest at a specified rate shall be credited yearly on the legal reserve under the policies.—'* V. 156, p. 1612. a Investments Deferred 1941 $6,555,264 19,986,032 machines Other'assets that the delisting will' not injure the marketa¬ that there has been -considerable expense - in¬ security; . ; ; • 1,100,320 ; Goodwill/" patents, etc. over-the-counter tRental 30 $8,387,777 drafts and notes recelvablei^v^^i stock an debt; $245,169 '1942 fundsi Inventories the in less to quarter, ended Sept.. 30, 1942, and $214,046 for the quarter 30, 1941; $455,207 for the six months ended Sept. 30, 1942^ $425,522 for. the six months ended Sept. 30, 1941.; 19 that a hearing has been set for Feb, 24, application of company to withdraw its common stock ($1 par) from listing and registration on the Chicago Stock Exchange, The application states, among other things, that in the opinion of the board of directors the stockholders will have at least an equally good market, perhaps even a better market, for the disposition of their , for the and an ' .vi.1 Co.—Hearing 1942 post-war credit ended Sept. $1,25 per share was paid on the last mentioned 1957. and Note—Provision record addition, in $1,406,658; $6,200,000 credit on •' each and profit "Including , participating ■' - cents Sept. 1' cents per share 37V2 cumulative $1.50 payable . " retirement dividend of a the on premium received Consolidated net income for the period— $4,377,109 '151,975 *U. S. 1,654,399; The SEC announced Jan. on were , 1, Potter Crl3,756 in undistributed income of —— $8,806,971; $6,264,285 320,095 / 401,938 249,397 : $4,826,781 used" Cash ment Other $4,127,712 ' 186,607"v —„^ income. of prop, not in operations 2,284,010 1,787,586 accumulations of date.—V. 6,703,707 and depletion reserves ;> &'amortization Total Interest 6,460,198 additional dividend of quarter of Amortization of utility plant acquisition adjusts. "Prov. 138,193 126,154. Co.—Accumulated Dividend— Distributions Operating revenues ——-—$56,213,573 $52,302,948 Operating expenses ————————,nrL\ 20,135,914 18,604,322 Maintenance and repairs-—^,—4—---. 3,367,794 3,533,816 Amortization 157, directors account (Not including Pittsburgh Rys. Co. and subs; and other street railway subsidiaries of Philadelphia Co.) 12 Months Ended Nov. 30— 1942 1941 for "19,389 "35,206 operations1 $4,640,174 * Net Philadelphia Co. (& Subs.)—Earnings— Approp. $369,915 172,704 Profit from Other income Exp. railway*^— income Poor & 1942—October, November and December—amounted to $410,958.86 from 34,689 tons milled. For the preceding quarter production was $427,457.34 from 35,035 tons cif ore milled, while production for the fourth quarter of 1941 was $468,195.90 from 39,328 tons.—V. 155, p. 2098. for $433,177 119,137 $331,335 233,357 oper. "Deficit.—V. on March Perron Gold Production • 170,359 railway ; —— $64,573,562 $53,621,441 "Less reserves of $1,091,876 in 1942 and $1,089,816 in 1941. fLess for depreciation and obsolescence of $3,897,520 in 1942 and $3,438,410 in 1941, {Includes $398,628 for post-war excess profits-tax credit of. $398,628. SLess, reserves for depreciation of $16,213;098 in reserve . . and $16,973,695 1942 in 1941. ; 25-Cent Dividend— , The directors share on the have declared common stock, interim an dividend payable. Apr. 1 to of 25 cents per holders of record 2, last, as com¬ pared with 20 cents each on Apr. 1, July 1 and Oct. 1, 1942, and 25 cents on Jan. 2, 1942.—V, 157, p.. 46. Mar. 10. A similar amount was disbursed on Jan. , Richmond Fredericksburg & Potomac DecemberGross Net 1942 from "railway-— railway $2,988,495 oper. income™ from Net ry. 1941 RR.—Earnings-^ 1940 1939 $1,039,620 $938,116 1,847,797 $1,551,822 711,244 430,218 1,192,372 383,515 194,937 384,646 220,828 28,117,740 ■ From Jan. 1— Philadelphia Rapid Transit Co.—Tenders— • The Company for Insurances on Lives and Granting 15th and Chestnut Sts., Philadelphia, Pa., o'clock noon, Feb. 5, receive bids for the sale fcoiit of Pennsylvania Annuities, successor trustee, will until 12 ■ t / 1942-r-3 Mos.-r-rl94l ' 1942-*~6 Mos.—1941 " $20,344,568 $20,247,906 $38,522,913 $34,701,512 10,574,129 10,206,913 19,511,479 17.657,123 Sell., admin, & gen. exp; 1939 $573,816 - . . per 1940 ,. * share and dividends, the company- has announced.; »; At the close of the company's last fiscal year, March 1, j$42, there? 18,000 shares of preference stock outstanding. After retirement of the preference stock, the company's capital will consist only of common stock of which 242,049 shares were outstanding on March 1* 1942.—V. 150, p. 1613. -J ■; ;■ y .■ ■' -! these Marquette 3,18^ 16,152,539 ' the stocks, particularly when the Pere Marquette faces maturities of more than $40,000,000 by 1956? Certainly the Pere Marquette cannot refund these maturi¬ ties when some of its first mortgage obligations are selling below 70 at today's markets. Such earnings as are presently' available, there¬ fore, must, be reserved against these maturities.—V. 157, p. 170. of from Net wage 21,721,740 , From Jan. 1— from ' were 2 1941 1942 from Gross . a on payment of the current dividend,' a total unpaid on this stock. Total dividends prior preferred stock to date amount to $20.62 Vi railway— Net from railway—-— Net ry. oper. income— now 1,170,796 1,585,530 344,587 V All outstanding shares of $1.50 cumulative convertible preference stock ,of this corporation will be called for redemption March 1 at $27. Prior Preferred Div.— compared as Upon December— Gross 1,237,192 9,318,064 17,326,524 32,648 Pittsburgh & West Virginia J^y.—Earnings- oper¬ Cr778 2,065,142 income oper. 156, 82,231 . 237,390 • ry, 2.48 _ 146,368 21,223 (net Dr) 26,644,58$ : Reliance Steel Corp.—-To Retire Preference Stock— last, 1, 1942. facil. Jt. share will remain on 52,921,507 ' declared have accruals—. operating income Equip, rents (net Dri__ 5,471 22,385 tax Ry. $59,324 29,033 31,675 '_ Dec. 1, > 63,990,872 . V. 79,5o6.09^ 38,692,845 102.6«3,717 . £ *' Ry. operating expenses- preferred stock who exchange their shares in accordance with the exchange offer which expires on Apr, 30, next, unless extended. For each share of 7% class B stock there will be issued in exchange 4/10ths of a share of 5Va% prior preferred stock and one share of class A 5% preferred stock.—V. 156, p. 2044. ; \ Marquette's Rate of Return on Investment 1933-——— and $ #l' 116,598 first series prior preferred stock," payable Mar, 1 to holders 16. A similar distribution was made on this issue oh per 1942—12 Mos.—1941 Month—1941 $ share. earning on its investment in recent years. Pere 1 157, ■ 6.999,458 Feb. June $11 declared , railroads. directors Manager.—V. v.'..-.1 9,074.427 $105,478 , Income.— railway record and Ry. operating revenues- 37,126 railway—— oper. the '5Vz';it Vice-President 281,075 v Shawmut RR.- -Earnings— ■ Pittsburgh Steel Co.—$4.12 V2 of be 994,123 106,593 income— "■Deficit.—V, 157, p. 45. ry. will , From Jan. 1— from1 railway--— Net division, '" ' Reading Co.—Earningsbee. 31— 1942- 23,649 1,527,608 railway— oper. W. 349, 46. p. 274,523 Gross hat in return ry. ... current of from Net 1938, in from Net have , has, 36,492 income— oper. 157, Pittsburg & earnings bankers, rates ry. December— the railroad was compelled to seek help from its hand, because of its inability to meet payrolls and obligations. The bankers turned the Pere Marquette down. If the Chesapeake had not come to the rescue, it is entirely possible that the Pere Marquette would have been compelled to apply to the courts, in that year. It is quite apparent from what has happened in recent railroad reorganizations that the stockholders would probably have been completely, or nearly, wiped out if this help had not been forthcoming. A 6 % return upon capital employed by any business would not be excessive. The courts have held time after time that even higher period 52,018 . 1,466,642, railway from railway —V. stockholders suffered, during the long period of for the Pere Marquette, but in five of the years 1930we have failed to earn the road's fixed charges, At one other 20,878 ^ $94,832 1939 . . only reduced since $116,046 . and in common with most railroads, the stock¬ years, The . America—-Subsidiary Officials— Period End; Net rolling stock and properties. to. operate Cahill,- manager of RCA-Victor's sound equipment activi¬ President of: RCA Service Co., Inc., newly-formed sub¬ L. Jones, former. manager, of RCA-Victor's service and be sidiary. $118,169 23,668 13,566 from Gross many C. will installation $113,013 income— oper; 1940 1941; * for Not Edward Prom Jan. 1— President, in received holders of the Pere Marquette have been compelled to forego dividends since the last prior preference dividend was declared in 1937. Pre¬ ferred. and common stockholders have not received dividends since . Radio Corp. of $3,287,443 1942 railway— Net from railway—— a statement issued Jan. 21 states: inquiries from investment services, stockholders and brokers with reference to the Pere Marquett's policy with respect to dividends on its prior preference, preferred and com¬ mon stock. Stockholders of the railroads generally have not fared Robert I $6,792,524 ties, from Gross able .. : 157, p. 45. December— Outlook for Dividends Unfavorable— . ' ,, ( Pittsburg Shawmut & Northern RR. -Earnings— ' '• —- Income balance • . be it was stated, also has sufficient ■■ sugar bags for the new and has provided additional temporary warehouse facilities. : The recent Cuban order postponing the, grinding of the -1943 crop 15, compared with a starting date of Jan, 15 last year, tend to restrict the) amount of cane that can be ground, Mr, Douglas observed. Costs will be substantially higher owing to higherprices for materials and higher taxes, If the crop is reduced operating Costs will be further increased, stockholders Were warned. V >" Stockholders approved an increase in board members from seven to eight and elected Edwin I, Hilson of Wertheim & Co., New York, as the new director.—V. 157, p. 260. ■' •' applied to sink¬ ing and other reserve 'funds ■ — Net —V. will . fair supply on hand and feels reasonably a, will and Fed. Inc. ilar 3,228,512 $517,225 , income Net Includes — it has until after-Feb. fixed after inc. results of the prop fixed charges— charges for equipment---— Interest Net ; 15,774 — on crop, company, —i_ fixed largely dependent negotiations by the United'States Government for purchase' of sugar assured 1,736,760 for ; . ■ ——— avail, ; William a Douglas, President, advised stockholders at the annual meeting held on Jan. 19. • . MivDouglas described the fuel oil situation in Cuba as "acute," but $7,962,026 164,624 Inc. ; Earnings for this corporation are . •' dispatch Press • 81,032 from Associated company . added that this company $1,484,563 — the . current 471,012 deducts, income 1420. said D'Olier Punta Alegre Sugar Corp.—-Outlook—New Director- $7,491,014 180,601 charges Total p. appraisal Cuba's $1,303,962 incoiiie Total Miscell. ■ an $8,184,427 .' Other income $6,115,395 78,474 442,616 of 252,952 8,645,961 5,318,208 0415,407 05,627,660 04,624,795 income- oper. ry, $10,396,580 Which the under 1942—12 Mos,—1941 $692,001 $688,628 Crl 16,629 0498,705 Net rev. from ry. oper. Net Railway These directors. $2,589,325 $34,144,619 $30,044,031 1,897,324 23,748,039 21,859,604 $2,773,649 2,090,021 Ry. operating revenues.. 1942—12 Mos.—1941 oper, 1942—Month—1941 Period End. Dec. 31— v an recently had acquired of outstanding stock, which are held by the company's" shares, he added, were subject to a trust agreement company at any time could, acquire them, on payment price of $455 each set by Chancery Court-—V, 156, Franklin all but 32 shares Marquette Ry.—Earnings— Period End, President RR.—Earnings— Erie Lake & according.. to Legislature; N. J. Jersey from Trenton, price not to exceed 105 and interest.—V. 157, p. 170. get 1/10 of a share of new stock for each would the class B stockholders.—-V, 156, p. 2228. Total 1912, to an exhaust $149,581.10 now in the sinking fund, at a amount sufficient to would Pittsburgh Pere New sinking fund gold bonds dated March- 1, 50-year 5%-16% the present preferred stockholders, stock for each share of preferred; the methods, three the 3% stockholders Monday, February 1, 1943 Prudential insurance Co. of America—Mutualization— Legislation providing for of this.company in holders board of directors was participation elections offered for of the 20,000,000 policy of members of the' company's introduction oil»Jan. 26: in the Gross Net from from Net ry. —V. railway railway oper. income 157, p. 46. 14,039,903 9,678,351 16,335,447 5.620.305 2,687,325 4,008,903 2,618,024 1,075,988 8,752,235 2,377,958 1,214,910 Volume 157 THE Number 4147 ' Sagamore Mfg.-' Co.—$1.50 Dividend— —V. of $2 The been declared on share has per and the total A Feb. of and interest. Commerce, V. $44,500 have 1937, 1, par (La.)—Bonds Called Joseph's Abbey 156, of trustee, Gross —V. will be made at The National Bank of and Common Sts., New Orleans, La.— Payment , for Baronne The directors the on of 50 tions stock, both of each cents 25 and Nov. 18 declared of dividend a Com Div.— cents 20 Oct. share per made were the on stock common 15, ments and each.—V. 156, secured Bank & Trust Co., 5% the 3-year trustee for successor as the Seaboard Sale of with the tion of by Seaboard District S. dated Florida bonds Dec, Court the for 1942 23, the to deduction 1931 • totaled ^ The payment as payment a will at be notes of rate distribution three of cents payable Feb. 20 to stockholders of record Feb, Transportation Co. Shell The its amounts have paid were declared the on to ordinary shares, Feb. on 6 and £1, 8, last dividend stock, last $5, par amounts Of were year.—V. 50 cents of the stock, common Feb. declared £5, par dividend a of March payable Feb. dividends to up the for week with income ended 10.6 (vV. Extends second a Standard the Oil the Net ry, Jan. in kwh. the Dec. ended Pacific 31, stock the 1942, collateral to file by similar a the due River have The Oil to as 1, Aug. on Natural 157, declared each Oas, to the the Con¬ the over gas com¬ Holding Company Act. Ohio Gas, Peoples of 15 made $3,217,000 The were Feb. on cents 15 May 14, 15 and and the 25,865,681 21,817,599 272,622,673 24,332,238 5,946,38""; 200,126,142 1946: Equipt. 137,959 85,897 1,264,216 income- *13,159,837 2,728,999 102,501,810 income... 54,430 *23,806 *36,193 2,651 2,402,629 Dr)~ Joint fac. rents (net Dr) Net-ry. oper. ♦Before provision for interest charges non-operating income items,- Earnings 19,515,122 1,206,822 railway 2,684,833 —V. 1,790,332 1,614,680 of 157, 226,357 94,483 *190,269 *288,982 Co. stock, On from Gross Net was of Co.—Extra declared $10, both last, 31, ry. have payable 28. dividend of 27 25 12 7a of 156, cents amount holders to cents centsf 1942.—V. 12V2 of like of Feb. extra an declared accumulations was each per of that the on record J 6, last the of $1.25 25 Net ry. —V. at as last . The , and 15, 31 lA on Dividend cents Feb. Nov. like the 370,469,054 232,899,215 166,623,094 50,437,954 16, 76,932,583 44,436,[280 26,751,574 23,115,495 SS. Lines—Earnings1942 May 15, Aug. railway. — 1941 Jan. stock, 1939 $780,360 $716,463 the *1,538 *10,792 *184,651 24,551 *11,379 *214,197 1. railway— 4,079 4,444,995 9,154,459 each Sept. 15, regular stock, the on railway—.. from Net *100,441 197,387 391,328 360,920 Net * rv. income... *103,117 19,574 77,020 139,497 oper. Deficit.'—V. 157, p. 173. from common 40 Year Ended Nov. 30— paid 155, $15, dividend payable Feb. in 15. of Operating revenues Operation rv. —V. 26 declared the 15 p. addition to the for Approp. repairs.. retirement reserve (other Taxes ♦Provision Provision than for for income Federal State 183,316 ... quarterly of 40 10,298 107,167 1 0,300 $761,642 $704,702 tax..: cents 16, Feb. operating income, income interest ... revenues 157 " 2,327 income Gross Net - Act. is $707,02,9 458,163 443,101 $303,636 income ♦Provisions for Federal normal ended $761,799 $263,929 deductions Nov. No 30, tax 1942 have been made provision for Federal estimated, nq such tax excess will be and on surtax for the basis profits due.—V. the of the tax has 157, p. 350. eleven months 1942 been Revenue made as it term trustees, Douglas term will was elected expire in Vice- 510. share.—V, 152, p. Bankers Advise of 4140. Deposit 17, early the the stO"k. However, decided to in at the that withdraw board present stockholders, return of best can voting that of have stockholder reach and execute based on the available facts. the this have the deposit we that of the suggest you the to company agreement, least you sign if but and to seems accomplished be trust at that as bv you send his On directors of in be private depos¬ prefer one of with, which can then be management at the adjourned annual been present 1943.—V. supplied 157, 261, 351. p. each last, 15, 15 $1.75 to holders made were compared as 1941, to , per and on. the with 45 including " 1941 1«40 1,125,121 3,465,370 1,188,186 1,177,659 627,781 railway-'— 102,275,682 60,442,116 45,660,017 43,571,527 49,949,880 20,702,199 11,834,286 11,414,148 25,672,343 12,981,447 5,637,265 Pacific revenues $5,511,134 $3,350,248 2,986,467 2,246,137 1,022,378 1942—12 Mos.—1941 305,099 $51,764,233 $32,839,670 29,633,298 21,663,738 8,600,036 3,252,110 (neti— 66,528 102,879 1,212,189 1,082,452 (net.l__ Cr62,624 Cr70,342 Cr82,396 Cr96,704 rentals oper. inc $1,498,385 $766,475 $12,401,106 $6,938,074 42,821 112,111 492,829 524;700 income $1,541,206 $878,586 $12,893,935 $7,462,774 6,251 10,352 50,100 55,809 $1,534,955 charges charges $368,234 $12,843,835 $7,406,965 317,915 320,323 3,828,594 3,849,264 11,700 11,700 11,700 11,700 —_ income p. $1,205,340 $536,211 $9,003,541 $3,546,001 2311. dividend of par during Nov. 10, Feb. The 1930.—V. 1, similar A 25. with $1 each previous 156, p. payment,, also 2047, on $1 174. p. the for nation's to this over during flight corporation's December, all-time an New York-Chicago-San averaged more this airway 1942, high than since was 1,100 estab¬ original transcontinental air mail route in 1920, figures just released express-mail-freight disclosed dividend interim stock, common Jan. 9. no similar A since. The by C. director Graddick, P. of department. that the average for United's of 10 cents distribution previous per has share Dividend— been declared on 11 to holders of record on Jan. 21, 1942; none value, payable Feb. par payment was was made 5 cents Dec. on 15, 1941, an initial of 10 cents was paid—V, Apr. on 20, 1937, while 157, p. 351. stockholders 20 cents per $25, payable Feb. 1942 were 20 cents; as share has been declared on 10 to holders of record Feb. follows: and Dec. 28, Feb. a 10, 15 cents; Aug. year-end of 40 cents. 10, common of cumulative l'/r stock, common preferred $10; from will be asked Capitalization— (1) to ratify the action )3) $10 stock, par $100, and 139,000 shares of to approve a change in'the par value of to $1 per share, the number of shares (4) to ratify t*e re?t.-tement of the com¬ its subsidiaries at the company's proportionate as of Dec, 31, 1942. except that the re¬ statement of the investment in Compagnie Franchise des Extraits Tinctoriaux et Tannants is on the basis of the company's propor¬ tionate share of its net assets in consolidation with its subsidiaries as of Dec. 31, 1939, the date of the last audited statements received unchanged; investments in and remaining pany's their worth approved, it is also proposed to ratify the to the credit of capital surplus the from the reduction in the company's and in applying against such capital surplus the deficit bal¬ the earned surplus account.—V. 157, p. 351. the above proposals are in applying of the directors action of capital, A net subsidiary. that from If of in $1,251,000 25 tribution was />onte & Foundry Co.—50-Cent Div.— 50 cents per share has been declared on the common March 9 to holders of record Feb, 26. A similar dis¬ made on May 19, Aug. 18 and Nov. 17, last, compared of payable TC resulting Engineering dividend stock, cents; par stock common Payments The previous 11 directors in United the 1. Feb. on writing off the company's investment in the capital stock of Compagnie Francaise des Extraits Tinctoriaux et Tann«nts on its books as at Dec. 31, 1942; (2t to approve the reduction in the out¬ standing capitalization by 830 scares of preferred stock. and 183 shares of common stock, (now he'd in the treasury) to 29,170 shares ance (John R.) Thompson Co.—20-Cent Dividend— A 1941. the common stock, Jan. United Distillers of Canada, Ltd.—10-Cent An the of the 1942—Month—1941. Contingent stock, 30, on record compared United Dyewood Corp.—To Reduce expenses accruals- 156, declared of last, entire coastto-coast and Pacific Coast svstem was 1,046 pounds of air mail per flight and that the New York-Chicago-San Francisco average was 1,156 pounds per flight. Estimating 40 letters to the pound, this meant an average of over 46.200 air-mail envelopes on each of United's passenger-cargo mainliners.—V. 157, p. 351. The Ry.—Earnings- deductions Net 157, Graddick Mr. • Income avail, for fixed —V. 10. RR.—Notes— carried per as share Fixed on been holders Dec. Dec. on has to 1 on 5,173,418 income— 174. P. income Total Feb. made route according $3,875,423 1,419,418 ry. Misc. share per made and was mail United's 1939 $4,154,776 rentals fac. $2 United Air Lines Transport Corp.—New Record— per-share of 1,952,868 income—. of was contracts.—V. amount Income 1943, RR.—Earnings— 1942 charges Net Other share, lished cents dividend both, payable Feb. 40 Nov. from of $6,198,883 oper, tax Net 126,333 of whose p. per — matter, agree, under we payable 1942. pounds 6,078,085 Operating Other 333,383 20, whose 1, 147,969 300,000 taxes.. 1, Air dividend a usual and Orleans Period End. Dec. 31— 856,036 305,792 . : board class 155, $1 each that approval you Feb. S. railway—— 157, $2,459,557 • If dividend the 304,424 ... taxes) income income ..... Jan. class The ICC on Jan. 18 authorized the company to issue not exceeding $4,100,098 aggregate face amount of promissory notes, in evidence of but not in payment for, the unpaid principal on various equipment 1758. p. 1941 913,154 and Trustee, etc. on the closing of subscription distribution of 2,000 shares of at $341/4 per share. Concession opinion obtain to forms $100, per usual 2311. . Texas & Jt. $2,604,959 .... — Maintenance held in Vice-President, was the our the this on in is favor in Aug. 50 U. in March On $11,090,989 from from Net Equip, 1942 was and Dec. cents; railway oper. ry. Rv. Co.—Earnings— do distribution distribu¬ railway-,. from Operating Southern Colorado Power it stock your meeting Payments during quarterly par was quarter 156, New & December— Gross 7,378,268 from be United Corp.—Secondary Offering—Wertheim suggest now way proxy From Jan. 1— Gross the Voting Trust— decision to A Similar year. cents and Aug. on share Texas *2,285 income— formerly Explosives, Inc. receive voted to declared record Distributions 1. 1942.—V. Net *1,599 railway the the Manager.—V. (no par) Union Pacific preferred stock, series A, stock per Gross 1940 *$13,400 agreement and company trustees of of secondary a stock best iting 15 amounted From Jan. 1— $373 December— no-strike a the Jan. 26 announced the and the Distributions 5. 1942, last of 46,356,198 income— 350. Deatly, facts not stock, SAC.—Regular Dividend— t 177,117,783 72,901,113 meeting General management. share on per preferred 16, Feb. holders 50 1— oper. 16, cents; capital to amount.—V. on Feb. common May. 15, from been record Nov. 25 declared of common on 1,965,076 150,276,703 and stockholders on the request for the subsequent developments of these 1510. the on special of record Net ry. 12 p. have directors the 3,444,551 Pacific H. individual Tampa Electric Co.—40-Cent Common Dividend— 1,552,192 railway! the providing for voluntary mainte¬ Harris, Harold W. Hoyt, Clarence F. -a Joseph V. McKee, Robert C. Ream and trustee a and Francisco 9,696,065 p. from holders of May 1 a quarterly income— Southern Net June March on year, cents oper. Net share has per to 156, share per currency Net Gross 15 on directors cents 3,774,484 railway-—— 157, cents follows: cents.—V. 5,269,994 Jan. from Feb, by 156, p. 1510. Feb. made 4,004,308 from Net to company's Ohio, Rowe. on should cumulative this issue on Arrearages year. 25 of as of $13,828,983 this G. McAneny, elected on advice, paid, while disbursed. 615. p, Corp.—Accrued dividend a on made were the time light were payable Feb. 15 to holders of record Feb. were 18,255,691 open From Gross $39,106,557 $21,578,500 $16,552,272 of MacBridc, Miller & Co. in a bulletin to stockholders states: Our bulletin on Dec. 21, 1942, advised that no action be taken Distribution— dividend extras Feb. on extra an quarterly 27, Aug. paid were railway.—..—. from Net railway—; 1939 1940 retroactive Wooster, 1783. p. elected Duncan organization Triumph p.47. par Nov. and of to members of NASD *239,503 Furniture the dividend on 1941 1942 and change in the existing vacation plan 167,915 417,611 Swift International Co., ;; Company 2311. p. . par share December— W. was books 1,647,228 884,452 income— 1941 outstanding debt; or other on George common 57,437,301 rents (net 76,844,995 hour, an employees between 156, were Trico Products & 472,748,816 297,786,326 1,924,666 156, Union Street Ry., New Bedford, Mass.—$2 Dividend— 93,800,697 21,428,925 14,204,324 730,148 oper.— accruals-—8,631,813 in the 1945. 18,652 cents each The from rev. 26, 22. check-off a meeting expire Swan-Finch Oil Corp.—25-Cent Dividend— 203,985,627 tax 25, Dec. and CIO. for named 1939 29 Nov. 16, Ry, operating expenses. Net annual following At $137,910 $2.50 per share.—V. $ $ on Feb. per Ry.—Earnings— 3,703 tions 27,763,983 Jan. that clauses and share record 15 of 1942.—V. cents 17,000 contract request 15, Columbus on cents Dec. by Gibbons Aug. 1940 stock, payable 50.197,919 Ry. Board 25 15, Co.—Wage Increase— 5'/2 the question, it stated,—V. At 5. $139,179 par value, no 1942—12 Mos.—1941 $ $ - . of of hoi 'ers to Sept. Mar. Gambrinus, the on 11,224 directors of 62'/2 operating revenues. Ry. 15 15, on to also ordered dividend a Mar. June cents increase Labor Union's Frederick share per holders of record Feb. to 1941 have account System 1942—Month—1941 War William Struthers-Wells-Titusville A Period End. Dec. 31— *8542,448 on granted Canton, Lamont, $158,191 regular extra No 1942. Transportation $151,406 Title Guarantee & Trust Co., N. Y.—New East 1942 16. , of *$65,545 the Board. No determination was made in respect to the daily wage guarantee requested by the Union, but the parties were instructed to negotiate on this issue. If not settled within 60 days, the Board will entertain a petition for Board determination of extension new 103,334 directors May on December $87,189 bonds of the Central Pacific Ry. 4% loan of 1911, due Mar. 1.1, 1946, were released from pledge collateral A under the 334% secured bonds due July 1, 1946. ^j Total principal amount of released bonds converted into U. S. currency amounted to. $8,415,918 and are now held in treasury of the Earnings 50 of The the because 1158. p. and Feb. During . 1,419,083 declared §teelworkers of America, 173. p. dividend a were railway common European - with wage The Board as Southern Pacific Co. 1,213,768 payable paid of Stock under record 1949, 242,607 holding company. a take exempt from the Hope Gas.—V. cents 156, Storkline reducing the outstanding total from $34,100,125 at the begin¬ ning of the year to $30,883,125 at the end of have membership incorporated into the to Act extension registration a Standard become the are 20 oper. The snare reports, company bonds in nance the year 115,963 $876 635 <ry. were was National the for $265,837 from from ry, Southern Pacific Co.—Bond Retirement, Etc.— During 109.316 $1,365,174 199.077 stock, general 1942, plants 157, p. 350. railway— railway.—'.. ♦Deficit. Payments during 1942 were as follows: Feb. 28, 75 cents; May 29, SI; and Sept. 1 and Nov. 30, 75 cents each.—V. 155, p. 1685. retired, 19.004 Timken Roller Bearing 1943, 23, directors amounts A extension under companies. granted stock, par $1, payable Feb. oper. Net 15. 4Central $760,675 net loss or last, compared From Jan. 1— common of $1,255,859 $177,061 busl common Like Exemption— six-month comes four gas SEC from Net holders 942.370 $158,058 Thompson Products, Inc.—25-Cent Dividend— The 15, companies 160.750,000 increase of granted formed and of from Gross per 5.875 724 1,091,321 18,248 ... combined and operating (N. J.)—SEG that effort to an Gas Net 194. p, 6,356 498 159,663 $44,572 deductions Total Co.—Weekly Output— utility an December— per Like 8. 155, the on cents to 1 initial 1519. p. compared as holdings in was last.—V. Gross pence $7,578 769 1,022.622 $243,648 income— gross President Dividend year.—V. 75 accrued system year, 22 time directors share have an all Staten Island Rapid Transit payable March 5 td holders of record Feb. 15. Like p*id on March 5, May 25, Aug. 25 and Nov. 25, 157, p. 261. directors Co. Natural Gas Co. common 15, • South Bend Lathe Works—75-Cent Dividend— The Total 4. same Payments Midwest 6 payable share has been declared per and 15 respectively. Pay¬ of $1.50; and 5, 16, 155, April Standard Silica Corp.—To Pay Smaller Dividend— Sound view Pulp Co.—50-Cent Dividend— A Oct. March public Co. Jan. concerns Natural Chicago—Successor par July Aug. the The interim, dividend an the Electric $83,000,000 solidated declared,! been Transport & Trading Co., Ltd.—2Vi>% directors <2,a>>"> payable income non-oper. Total will Company to Pay Liquidating Dividend—See Vessel Corp. Above—V. 147, p. 2255. share Total $1.50 . has $8,703 678 minimum 1. of and the on denied the Sensibar 5 each $1 covered 1942.—V. of Oil has panies in share per $225,401 income oper. ruled These initial & SEC.on Consolidated 172. Senator-Rouyn, Ltd.—Initial Dividend-?- 1942—6 Mos.—1941 178.779 being subject to the Public Utility Holding Company Act. At • An Gas SEC . runs each $85.06. for April follows: of value, par no payment 177,839.000 kwh, The principal of Operations i 1,120.889 The of sale will be having the account on the $1,000 principal amount of notes.—V. 157, p. the of Line Air Bus 1942—Month—1941 $1,340,343 company from Virginia proceedings of proceeds Seaboard record corresponding week last ' • taxes the attached coupons interest. of stock, as latter output Standard j transfer of holders to of $11,256,844 company accordance District receivership Railway and $1,525,069 with -The . Standard in made was Eastern the in Line Fly. Air After 1, has sold 1931, 1, notes. Seaboard-AU U. distributed and Line Feb. provisions of the trust agreement and pursuant to authoriza¬ the order an Feb. Air the due A, of were The Electric receivers of Seaboard 84,000,000 of Seaboard-All Florida R". first mortgage 6'M gold bonds at a price of $160 flat per $1,000 principal amount of such bonds. The bonds had been pledged under the trust agreement of series notes, year dividends two Standard Gas & Electric Seaboard Air Line By.—Noteholders Receive Payment Chemical operating Total operating expenses Total taxes spring catalog comprises 490 pages against 540 a approximately a Y2"r drop in the number of listed has permanently adopted the 30-day charge account which was introduced experimentally several months ago. Spiegel customers can now buy for cash, cnarge account or on t.me. There is no carrying charge and no down payment on 30-day charges. —V. 157, p. 173. 1421. p. $17,093,507 156, Corp.—Earnings— revenue company's ago items, dividend of 30 cents per share has been declared on the common stock", nar $10, payable Feb. 15 to holders of record Feb, 5. Payments during 1942 were as follows: ' Feb. 14, 40 cents, and May 15, Aug. 15 cents preferred holders to declared including Oct. 31, year A 20 have first $3. The 14. ) Period End Dec. 31— 1943—3 Wks.—1942 $4,044,283 1937.—V. 1 , Nov. 1943—Week—1942 16, Aug. on Spiegel, Inc.—Spring Catalog Ready— Scotten, Dillon Co.—30-Cent Dividend— and Ohio & 56,702 shares have Spalding & Bros., Inc.—Two Preferred Divs. last 1, May the first since June of 1931.—V. 157, p. 260. 16, last year, into share made per A 16 Feb. on Railway-Mobile divided cents Third Avenue Transit first Total $6,088,274 directors cumulative usual the and value, par no Southern were Branch 12'/a 157, p. 350. (A. G.) quarterly dividend per share on the $2 participating preferred stock, no par payable Feb. 15 to holders of record Feb. 5. Distribu¬ cents value, Jart. on common $16,239,000 $30,000,000. Aiken was 2231. p. mortgage 4s to from $20,000,000, to and which distribution general shares.- earnings The Schumacher Wall Board Corp.—20-Cent 48,935 6s, from $500, certificates to the the 479 Total 437. p. reduced were trust reduced Period End. Jan, 21— mortgage 4*> serial bonds dated redemption as of Feb. 1. 1943, at refunding called been reduced $61,333,000; to $22,823,000 6'/as stock been 1942 from mortgage 4S 4','r during company $54,247,000 1613. 156, p. St. FINANCIAL CHRONICLE Southern Ry.—Reduces Indebtedness— 1 the common stock, payable Feb. 2 to holders of record Jap. 26. Payments during 1942 were as follows: Feb. 3, May 5 and Aug. 4, $2 each, and Nov. 3, $1.50. dividend A COMMERCIAL <Sr nn roh 1040 -.-V 1^*7 tl . ^ THE COMMERCIAL & FINANCIAL CHRONICLE share has been declared on account of accumulations on the $7 cumulative non-voting preferred stock, no par value, payable March 1 to holders of record Feb. 8. Similar payments were made on this issue oil Sept. 1 and Dec. 1, last, while in each A dividend the of $2.75 of preceding quarters made.—V. 157, p. 262. of distributions $2.25 share per 4th Quarter were Total on the 15 common Weekly Power Production— ended 23, Jan. 157. for 16.8% or the week last corresponding directors Feb. the on The 2. declared have last regular share was made on this issue on Jan, 5, Feb. On ,$1.50 share per Feb. of $1 on last 25* the year, 25, 1941.—V. States Pipe United stock, 1783. 156, p. 26,718 contingencies & Foundry Co. — 7,000,000 11,500,000 1,764,333 1,486,125 Cr6,200,000 36,414,500 25,646,452 6,304,919 20,331,427 — — ical & Dye Pays $99.65 a Surplus Earnings per share common stock 1942, paid $5,431,299 to the Allied Chem¬ latter's holdings of 54,500 shares of Sloss- 18, for the Corp. Steel & Iron Co. common 6,304,919 6,304,919 stock, indicate would This 5,323,256 17,755,080 22,530,363 $1.61 10,638,281 $3.04 $2,59 of ' $2.23 and local taxes. from three banks and issued notes bearing inter¬ est at 2% per annum. Of this total, $3,000,000 was borrowed from the National City Bank of New York, $1,000,000 from the Central Hanover Bank & Trust Co. and $1,000,000 from the Pennsylvania Co. for Insurances on Lives and Granting Annuities, Philadelphia. The and $500,000 each on Dec. 18, 1943, 1944, 1945 and 1946, $3,000,000 on Dec. 18, 1947.—V. 157, p. 48. United Wall Paper Factories, 1942 Operating results State, social security tax, etc, — Brewer Mr. and will will act liaison between as 1941 ... 459,167,592 — 72,491,237 1940 company's several plants 1063. 72,796,332 ,59,119,204 15. Pay¬ 25 cents each, and Sept. 1 and Dec. 1, 10 cents each.—V. 156, p. 1696. Net . made at April on Jan. 1, July 1943, 1, preferred cumulative holders to 11 8% the on March V. declared dividend Of $2 per share has been lations record of March 1. reported to $51 Arrearages as per share.— 156, p. 88. Corp.—Quarterly Earnings Report Reporting the earnings of the corporation for the fourth quarter of Irving S. Olds, Chairman, announced that the directors had on Jan. 26 declared the quarterly dividend of $1.75 per share on the 1942, and Feb. 20 to stockholders of record Jan. 29, share on the common stock, payable March 20 payable stock, dividend of $1 per a Ip holders of record Feb. 19. Net income for the fourth quarter amounted to $25,646,452. after taking into account tax liability, increased wage and salary payments, additional and various year-end adjustments. A liability of the corporation for the full year 1942 on the basis of the Revenue Act of 1942, enacted on Oct. 21, 1942, resulted in a Federal tax credit of $6,200,000 for the fourth quarter* after allowance for the post-war excess profits credit realized through the retirement of debt since Sept. 1, 1942, The wage and salary adjustments effected during such quarter totaled approximately $2,000,000, of which approximately $700,000 is revised pension .provisions, applicable to retroactive had cases of estimate tax fourth the increases wage not the been quarter. Th£se adjustments: embrace the " with respect to certain subsidiaries whose determined by the War Labor Board at Sept. 30, 1942, together with commensurate increases later voluntarily made by these subsidiaries to salaried employees in the lower brackets, The total increase in wages the fourth quarter of sales and salaries applicable to all subsidiaries for 1942, resulting from the various retroactive wage ordered by the War Labor Board and from the salary in¬ voluntarily made to salaried employees in the lower brackets as a consequence of such orders, was approximately $6,700,000. The total increase of this character for the year 1942 was approximately $22,600,000. Payment was made in the fourth quarter to the Pension Fund trustee of an additional $16,500,000 toward the cost of pensions to employees on the basis of service prior to Jan. 1, 1940, or for incapacity, who may hereafter be retired under the Pension Plan. A reserve of $7,090,000 to provide for contingencies attaching to the increases present high rate of operations and other unusual conditions was set up in the fourth quarter, making a total contingencies reserve of $25,000,000 for 1942, the same amount as was set up for this purpose in Steel has been asked by the Government* pursuant to law, to renegotiate the prices under certain contracts for products used in the No such renegotiation has yet been concluded, and, because of the uncertainties involved, it is impossible to .estimate at this time the effect of such renegotiation upon the financial results prosecution of the war. fourth quarter's net income, earnings per share taxes, together with of the 12 months of 1942 and 1941, follow: stock, shipments and provision for for a common 1941 Earns, per share for com. stock Shipments of finished steel prod¬ ucts (net tons) 5,302,681 Per cent capacity. 102.5 Provisioii for taxes: State'& local & social security $18,348,480 Fed. income & excess profits.. 06,200,000 __ Total taxes $10.45 21,064,157 102.6 $72,491,237 155,400,000 $72,802,574 118,700,000 31, after deducting the current dividend declarations, were $524,169,589, compared with $518,669,417 at Sept. 30, 1942, and with $495 31, 1941. The total capital outlays during the 12 months of 1942 for additions of properties, plus mine stripping expense, were approximately $120,200,000. On Dec. 31, 1942, unexpended balances on all authorizations for property additions and replacements, plus mine stripping expense, amounted to approximately $136,000,000. There Was retired during the year a total of approximately $41 400,000 Of long-term debt of the corporation and its subsidiaries. Of this total $30,000,000 represented United States Steel Corp. serial debentures called during the year in addition to normal retirements. The total long-term debt outstanding at Dec. 31. 1942. was $151,900,000. Shipments of 21,064,157 net tons of finished steel products during the year 1942 established a new high record for the corporation and were 3.2 % more than the previous high record year of 1941. to and betterments 34,813,008 34,813,008 55,986,834 276,515 3,350,433 $5,909,148 3,354,794 $4,162,230 $2,554,354 the the on basis of current used method cost average of costs prior to 1, to this ry. stock Dec. from Wilmer & Vincent Corp. (& Subs.)—Earnings— Years Ended Dividends Interest received each.—V. cents 157, . 20 cents; 1, 16 and Aug. and-April 8,972 1,121 1,062 .... received — — Administrative on and $420,300 — general expenses—— 1 ; profit 9,069 24,462 10,456 ...... Federal and State income taxes... $220,033 128,635 , 132,374 CM5.384 retirement of indebtedness— Minority share of profits. Net 1,627 1,250 Total income Gain * 88,828 — $204,025 $57,866 The corporation's proportionate share of the net income non-consolidated subsidiary companies (50%) owned for the — Notes—(1) of the fiscal 1942 and years 1941 amounted to and $12,818 $13,595, respec¬ tively. (2) Earnings on the 100,088 no par shares of common stock amounted to $1.94 per share in 1942. . . Consolidated Balance Sheet, July 31, 1912 Assets—Cash banks in ment of admissions taxes $12,500; 1, rents receivable and on hand, cash held $296,193; for pay¬ (contra), $31,597; notes receivable (secured), and other current assets, $7,630; cash sur¬ render value of life insurance policies (less loans of $32,472), $51,996; advances to non-consolidated subsidiary and affili¬ 262. p. 1941 $208,372 7,128 1942 realty operations * Miscellaneous income A dividend of 20 cents per share has been declared on the common stock, payable Feb. 1 to holders of record Jan. 15. Payments during 25 $410,801 July 31— theatre and Income from Vertientes-Camaguey Sugar Co.—20-Cent Dividend— Feb. 16,683,980 3.691,225 1,674,430. 13.137%, were or 1942, an Increase of 14,443 shares from the investors' holdings of common follows: 2,646,040 production* of intricate Navy powder and projectile hoists, which the firepower of fighting ships, exceeded by 33% the total specified up to Jan. 1 in the contract held by this corporation, it was announced on Jan. 28 by Joseph W. Frazer, President, coincident with the award to the company of the Army-Navy E. As a result, Mr* Frazer said that his firm had been able to turn out scores of these highly precisioned hoists since it started produce tion some 14 months ago.—V. 157, p. 352. Steel common Dec, 31, 1942, amounted to 489,962 shares, or 5.630%, of the issue, compared with 492,050 shares, or 5.654%, held Sept. 30, 1942. Of the preferred stock, 56,565 shares, or 1.570%, were owned abroad Dec. 31, 1942, against 55,808 shares, or 1.549%, so held Sept. 30, 1942.—V, 157, p. 175. as p. 7,331,658 4,223,986 increase holdings " of were 400,867 Willys-Overland Motors, Inc.—Output of Shell Hoists Ahead of Schedule- shares, or 31.216%, Sept. 30, 1942. 1942 157, 38,537,321 16,109.884 9,108,052 48. for Navy stock Dec. 31, 1942, were 1,211,578 shares, or 13.921%, compared with 1,230,476 shares, 01* 14.138%, Sept. 30, 1942. Investors' holdings of preferred stock Dec. 31, 1942, were 1,117,026 shares, or 31.004%, against 1,124,671 Foreign 18,489,801 4,845,696 304,435 128,833 1941.- standing issue, on Dec. 31, 1942, compared with 3,143,968 shares, or 87.264%, held by them Sept. 30, 1942. New York State brokers* holdings of common stock Dec. 31, 1942, were 1,954,649 shares, or 22.459%, against 1,923,664 shares, or 22.103%, Sept. 30, 1942. Brokers' holdings of preferred stock were 380,115 sharee, or 10.551%, Dec, 31, 1942, compared with 380,598 shares, or 10.564%, Sept. 30, 1942. State 24,089,163 1939 $1,351,664 27 declared a dividend of $1 per share on the stock.'par $50. and on the 7% cumulative and participating : stock, par $50, both pkyable Feb. 26 to holders of record Feb, 9. Payments on these issues during 1942 were as follows: March 4 and May 29, $1 each; Aug. 28 and Nov, 30, 75 cents each, and Dec, 22, 50 cents.—V. 157, p, 264. 458,843 shares, or 12.736%, held Sept; 30, 1942. Investors' holdings of preferred amounted to 3,129,525 shares, or 86.863%, of the out¬ York $1,734,238 596,655 preferred 31, 75.118 %&, Sept, 30, 1942. Of the preferred stock outstanding, 473,286 shares, New *567,311 oper. income $2,384,101 365,381 *18,224 Westinghouse Electric & Mfg. Co.—$1 Dividends— outstanding Dec. 31, 1942, while preferred stock totaled 3,602,811 outstanding 1,174,434 ; 1940 1941 : $3,962,744 The directors on Jan. corporation 8,703,252 shares, common Mass. common - the 1942 *Deficit.—V. Holdings, Ete,~r of Payment trustee, Springfield, RR.—Earnings— from railway..— Net from railway—— Net ry. oper. income— inventories, Jan.. Called— of Mar. 1, 1943, a total 6% bonds due Mar. 1, will be made at the Springfield as mortgage From Jan. 1— 42,148,636 $8.84 $10.45 corporate railway..— from railway 34,813,008 12,109,511 $5.39 ...... calculated are of investments in and ated Vultee Aircraft, Inc.—To companies, $304,082; notes receivable (secured), $69,448; land (including appreciation of $944,439), $1,949,937;, buildings, leasehold construction, improvements and equipment (less reserves of $1,842,858 for depreciation and amortization), $1,897,856; cash and securities held by trustee, etc., $55,091; miscellaneous accounts and notes receivable and investments, $13,755; prepaid expenses and deferred charges, $75,- Consolidated with Merge company,—V. 156, p. 2312. Aircraft Corp.—See latter Bonds— Warren Brothers Co.—Interest on B 451; goodwill, $1; Security Dealers, Inc., has received a letter from Crafts & Cain/attorneys for Warren Brothers Co. which reads as follows: "The interest due under the collateral trust indenture on National Warren Association Brothers of the time."—V. of Co. series record 157, p. 352. bonds B Jan. 31, will . . .? ■ , . The company addition were on to Jan. the stock, common disbursed on 28 usual both paid annual holders extra dividend an dividend of $3 Jan. Jan. 26, 1942.—V. 152, p. 440, to of record of $6 per share share on the Like amounts per 22, addition have declared the an extra dividend Dividend— of 10 cents per share quarterly dividend of 30 cents per share, both payable Feb. 1 to stockholders of record Jan. 19. Like amounts have been paid each quarter since and including Aug. 1, 1940.—V. 156, p. 1512. in West to Indies regular Sugar Corp. — Revises Common Share Offering— value offered common under this its registration of shares of $1 stock registered to 27,028. Of the stock to be registration, 10,028 shares are held by the City Company of New York, Inc., in dissolution, and 17,000 National City Bank of New York.—V. 156, p. 2312, West Texas Utilities Co.—To Buy shares by the Pecos Valley Power Holdings^— A ities (Al&n) Wood Steel Co.—Meeting Date Changed— The stockholders voted to change the date of the annual meeting Wednesday of February to. the third Wednesday of stated that in earlier years the auditors were often pressed to get out financial reports in time for distribution at the annual meeting and that this year the auditors are not only faced with the shortage of manpower but that by the recent change in the proxy rules of the Securities & Exchange Commission, the company the March. must second The send company the financial statements in advance of, or with the Truck & Coach Mfg. Co. — Offer Made for Company's Assets—See General Motors Corp, above. Declares The Regular Dividends— directors share on the 7% on Jan. 27 declared a quarterly dividend of $1.75 per cumulative preferred stock and dividends per share able April each made cn the common of on were 1 Middle the and class B stocks on Jan. West change Commission, York County Gas cents pay¬ cents 2, April l July 1, Oct. l and Dec. 26, last year.—V. 156, p. 2144. the company to purchase all the outstanding secur¬ Valley Power and Light Co., a subsidiary of the Corp., was approved Jan. 25 by the Securities and Ex¬ Pecos 25 the common stock and on the class B stock, all to holders of record March 11, Distributions of 25 proposal by of proxy statements, which are usually sent at least 10 days prior to the annual meeting. It was therefore thought advisable to move the annual meet¬ ing to March 17.—V. 156, p. 2232. Yellow The corporation on Jan. 23 filed an amendment to statement with the SEC in which it revises the number par subsidiary company, $108,436; $2 cumulative preferred stock (4,894 no par shares), $97,880; common stock (100,088 no par shares), $1,033,220; appraisal surplus, $5,865; capital surplus, $577,592; earned surplus. $294,336; total, $4,765,536.—V. 155, p. 271. from Westchester Fire Insurance Co.—Extra $4,765,536. payable, $32,093; accounts payable, $34,649; admis¬ Federal and State income taxes, $38,855; long-term debt due within one year, $248,623; accrued liabili¬ ties, $99,493; long-term debt (less amounts due within one year). $1,830,225; reserve for contingencies, $282,674; minority interest in be I .am 1943. total, Liabilities—Notes sions taxes payable (contra), $31,597; paid on Feb, 1, 1943, to advised that the trustee necessary funds to pay this interest on deposit at the present bondholders The directors 1942, at Dec. $5,795,020 114,128 $115,591 t refunding interest, 105 and Bank, and Net 116,019,518 102,181,321 25,219,676 25,219,677 102.3 Net current assets of the corporation and its subsidiaries at Dec. 794.296 25,219,676 in brokers' names Dec. 31, 20,416,604 $12,148,480 $227,891,237 $191,502,574 — $7,5i2,663 $538,688 called for redemption first Net 1942, 2,214,777, or 25.448%, were in brokers' names, representing an increase of 49,260 shares over the 2,165,517 shares, or 24.882%, held by brokers on Sept. 30, 1942, Investors' common stockholdings Dec. 31, 1942, were 6,488,475 shares, or 74.552%, compared with 6,537,735 shares, or in $72,142,195 $116,171,075 $5.39 72,142,195 ... shares. 12 Months 1942 $25,646,452 $2.23 : . December— Gross 13,638,150 26,175,000 (Raphael) Weill & Co.—Extra Dividend— 12 Months 1942 income 6,031,883 comparison 4th Quarter Net 6,152,934 ...... dividends amounted has ' the corporation. The $392,106 275,854 Western Pacific ... profits taxes 155,400,000 118,700,000 excess Common?: stock 1941. U. S. of & Foreign creases ■Vv- 25,000,000 bonds, mortgages, etc dividends instead Of United States Steel preferred 25,000,000 at National fourth quarter and the 12 of certain materials, work in-process and finished goods of certain subsidiaries, the "last-in, first-out" inventory method is being applied,, which means that costs stock, par $100, payable Similar distributions were amount to >200,815 $814,542 ....... —— of $104,800 1959, 71,168,471 Note—In ascertaining the profits for the months of 1942 with respect to inventories of accumu¬ on account 1, Oct. 1 and Dec. 23, last year. were contingencies.. profit Preferred of Upressit Metal Cap Corp.—Accumulated Dividend— A 95,815,089 123,571,107 —.. Earnings per share of common stock par ments 12,718 .17,205. ... There have been 386,676,355 363,074,088 220,946,865 .... etc. Surplus $8, payable March 1 to holders of record Feb. during 1942 were as follows: March 2 and June 1, stock, ....—. depletion, for income Fed. Common 10 cents per share has been declared on the common Of $7,311,848 Western Massachusetts Theatres, Inc.—Bonds 435,870,420 280,066,069 Operating profit 263,105,248 267,258,999 149,778,394 Net loss sale capital assets, etc.... 4,410,119 1,507,598 Crl,035,395 Patent litigation expense, less res. —> 1,850,000 Expense of future pensions ..... ... 6,969,318 Interest on of Newark, N. J.—Div.— Universal Insurance Co. dividend the $379,388 ICC on Jan. 13 issued a certificate permitting abandonment by the company of that part of the Huttonsville branch extending from a point between Dailey and Steiner to the end of the line at Huttorisville, approximately 7.58 miles, in Randolph County, W. Va.—V. 157, p. 176. 81 Gross burden, it was announced.—V. 156, p. A Inc.—New Official— President of a large portion of his present heavy the relieve 402,981 , Drl2,503__Drl73,374__Drl52,313 $797,337 Abandonment— of Net, earnings Depreciation, Provisions appointed executive assistant to Wil¬ been Brewer has liam H. Yates, President, V, 54,993 2,525,228 The tProfit. borrowed $5,000,000 Edward $5,499,909 447,424 *Operating expenses Include account amortization of defense projects: of December, 1942, $86,951; December, 1941, $117,435; 12 months ended December, 1942, $933,074; December, 1941, $479,589.- — Preliminary Consolidated Income Account for Year Ended Dec. (Company and Subsidiaries) an of $99.65 a share paid by the Pipe company for the 54,500 Sloss-Sheffield common shares. It was further disclosed in a report by the Pipe company to the SEC, that in order to finance the purchase of these shares the-company notes mature charges $7,082,241 Drll,555 — — Net, income $8,025,137 $355,821 36,070 $753,899 income. income 14,784,973 $561,049 $11,483,040 205,228 4,400,799 V • 8,703,252 (net) oper. 19,156,610 1,444,838 •. Month price average 28,835,282 . 6,304,919 8,703,252 8,703,252 . 32,763,251 — income Gross Fixed profit rents ry. Other 7,346,651 • .. 1942—12 Mos.—1941 $2,005,887 $30,639,650 $22,810,110 $1,060,698 306,799 Net 2,315,028 - profits taxes 1,659,166 facil. Jt. 4,247,835 1942—Month—1941 expenses^. Operating income,.,. Equipment rents...... 6,969,318 . *After expenses and Federal, State Sheffield ■ $2,719,864 revenues Taxes pen- ...... dividends y- operating revenue Net 31,177,028 Preferred 1960. p. Period End. Dec. 31— 1550,303 Common dividends 156, "•Operating ' • , mortgage bonds held by publicly held income debentures at 15. The 3,582.66 shares of stock outstanding of Pecos Valley will be bought in at $1 a Operating 70,165,562 *48,801,947 19,388,810 17,624,919 50,776,752 Net paid a special dividend of as Compared with a special*, Share for Sloss-Sheffield Stock—Bank Loans— The company on Dec. 15,201,482 t263,610 on Fed. - 1943. company the "common on cents per of record cents per a special dividend of 62Va payable Feb. 25 to holders quarterly distribution of 62% stock, common 19,199,041 bonds, mtgs., etc. income and excess Int, the first 85,367,044 69,468,442 for In buy the Share.—V. 4,262,642 Prov. ■ > will public in the principal amount of $963,000 at 76, the same price will pay for Middle West's holdings in these bonds, and $358,000 common 32,473,427 sions The $ 70,425,059 105,118,855 37,951,632 35,650,413 assets, etc. Expense of future United Shoe Machinery Corp.—Special Dividend— share $ 18,348,480 earnings Operating profit on sale of capital 351. p. $ Loss year.— " v • $313.b0G its contribute $369,500 shares of common stock Western Maryland Ry.—Earnings— Deprec., depletion,'etc.. * % Utilities Texas sell to West Texas Util¬ it 1939 Net companies for the week 135,711,065 kwh., an increase of to over 1940 88,773,539 124,317,896 will Corp. of 1941 tax, etc. system UGI the amounted 1943, kwh., 19,492,130 V. output electric The West (Company and Subsidiaries) 1942 Operating results social security the Middle West the State, on share in each of the three preceding quarters. per - $ March 31 to holders of record Feb. 26. Like amounts June 30, Sept. 30 and Dec. 23, last, compared with cents each on March 31, 1942, and on Dec. 23, 1941, and 20 cents paid without'cost. 339,751 335,866 304,248 ..$202,071,992 $735,981,326 $601,117,053 3 Mos. End. Dec. 31— stock, payable were ,1941 Consolidated Income Account of 10 cents per share has been declared dividend payroll plan, principal amount of debentures and 3,892.34 12 Months 1942 Average number of employees.... United Gas Improvement Co.—10-Cent Dividend— A 12 Months 1942 of the part principal of first mortgage bonds of Pecos Valley ities, an indirect subsidiary, for $237,880, and parison of the 12 months of 1942 and 1941 follow:. per 12 As Employment and payrolls for the 12 months of 1942 were all-time highs. Labor statistics for the fourth quarter of 1942 and a com¬ Preferred Dividend— United Gas Corp.—$2.75 Monday* February 1, 1943 Co.—Redemption of Bonds- See, Pennsylvania Gas, & Electric Co. above.—V. 156, p. 704,