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AOlli braM S. V. ■ •I ; TUESDAY 111942 Beg. U. 8. Pat. Volume •1.A: £. . 155 i Number 4044 "< -v V New '• V'. • Y Office1 York, N. Y., Tuesday, February 10, 1942 *'• V'- ,v: -l'<: •" * Price 60 Cents disregarded In the day's range, unless they are U. S. Government Securities we Corporation furnish bonds coupon in are the only transactions of the day. the New York Stock on daily record of the transactions a Treasury, Home Owners' Loan and Figures after decimal point represent one or No account Is taken of seek sales In computing the for range the year. Exchange Federal Farm Mortgage the New York Stock Exchange during the current week. on Exchange WEEKLY2.§YEARLY M&§l§aaM YvY ■ ■ NOTICE—Cash and deferred delivery mien Below Copy r'''»' y'• V, Stock and Bond Sales ?«» New York Stock DAILY a Also In This Issue 32d of a point. more 1 Dally Record of U. S. Bond Pri es Jan. 31 Feb. 2 High 4MB. 1947-52 Feb. 3 K 115 Low. ' ' 115 Close Feb. 5 Feb. 6 Vy- "m J, Y — 115 - m Total sales in $1,000 units... 5 High 4s. 1944-64 -v* - 19 ■ 108.22 i. Low. ;* , . I Close - SX'wiw > 2Mb, 1952-54 m m 104.5 '-v.. '''.I;.!- - £<i;+L'■;VY- . „ 103.29 . •..-v.... 'v;>— Close ^ ".v; l ■ ^ ,.v': Low. . '*■ . vl . ^ '■* ■> ■«• -c a „ 100.17 100.16 100.17 6 7 10 4 11 3 ' . 104.15 Total sales in $1,000 units... 5 fX- y v • :• • :\\£ZZP- 2s. 1947 ■ ■ y *11 Stocks, f'.-. -1 ■ Week Ended Close :■ ' Feb. 6, 1942 Total sales in $1,000 units... v . rnmmJ • ...1 (High 2s, March 194S-1950 - - 101.17 101.17 (Close 101.17 Total sales <n $1,000 units.. 7 .... (High 2s. Dec. 1948-50 •JV-Y; High I.OW. rv:. '} :rvv 107.30 Tefal sales in $1,000 M«ff*—. i *' Low. . . ...^ w ^ . : m m m ."'V'v High Y. 100.8 109,12 109~6~ % . Total sales in $1,000 units... - 101.12 109.6 109.6 3 1 *1 High Low. • Low. 107.24 3 .. High 108.18 Total salts in $1,000 units... Below 104.24 stocks an-t ^ 2Mb, 1942-47 I as 104.23 104.23 104.21 (Close ..V.- .... 104.23 104.21 3 5 ; 105.19 High i Close J-. 106.17 f 105.20 m • ** I ■ 106.17 : -5 •Odd-lot sales. » a. . .... .. Close .... - f; v 10 15 Total 10 First Second 10 Utili¬ 65 Indus¬ Grade Grade Utili¬ 40 trials roads Stocks trials Rails Ralls ties Bonds Close > 109.11 Jan. 31. 28.21 Note—-The bonds. TVcdnesday per share $ t above table includes only Transactions in registered bonds of *35 40. 48 *35 *46*8 6% . 48 634 *19 211 11% *11 2% *93 '4 2% 100 su 5% 5% 15 35% 80 21 lltj 3534 *%« *64 2!2 *89 si« 5t2 3534 ' 15 5% *14 4784 67g 20'2 *iii8 20% m4 35*8 3534 t4 80 '4 *66 2I2 100 *"aj 5% 5% *46% 684 7 *19 *11 35% '4 .!; 2-% *89 % 5% 538 16 23s 100 »« 5t2 5t4 *14% '*47% 678 *10S4 *11% 3534 '4 70 » 5% 5'i 16 For footnotes see page 626. 40 4734 7 21 llt2 36% 'as *62 1/ 72to 2t2 *89 *35 , Jaz 534 21 100 •a. 534 5t2 5i2 15t2 l5t2 40 *475jj *6'8 *19t2 4734 ♦11 "8 11% 35'g coupon 108-6 to 108.6 36l4 2-38 *89 'as 5% 5% *15 4712 7 6'8 *19. 28.29 14.09 105.79 93.35 52.99 108.88 90.25 28.30 14.26 37.66 105.86 93.31 52.98 109.01 90.29 110.80 28.68 14.2/ 37.97 106.09 93.38 53.30 109.01 4. 110.44 29.01 14.25 37.98 106.12 93.41 53.64 108.89 90.52 6. 109.47 28.58 11.09 37.58 105.97 93.28 53.55 108.96 90.44 N. Y, STOCK A 2-3« 100 Ills 4% nreferred—. 109 ; 4 M% conv preferred 100 Abraham A Straus No par Acme Steel Co... ......25 Adams Express.. No par 200 6% 1,300 100 Adams-Millls Corp 100 Address-Mmtlgr 1118 35% 3,600 '4 600 2'4 *89 5h 5-34 538 514 *14-38 5% 400 >4 *62 iit 161a Abbott Laboratories.—No par 35-38 14 72t2 Ranoe for Previous On Basts of 100-Mare Lots 7212 2% No par Corp.....10 Air Reduction Inc No par Air Way El Appliance..No par Ala & Vlcksburg Ry Co...100 48 Jan 10512 Feb 108% Jan 38 2 6 Jan 21 lO'g Jan 2 347« Jan 16 J16 Jan 13 61 4978 ' Jan 6 Jan 13 Jan 6 ...1947-1952 4 0 1944-1954 J D 1946-1956 1/ 8 1943-1947 J D 0 1943-1945 O 1944-1946 Sept 54% Sept Dec 51% Apr 2:17-34 Dec Dec 24% Aug 157s Jan 45 July 20t2 ll-3i Jan 20 38% Jan '2 Jan 6 61 6 Jan 9'8 Dec 34% Nov 9 2 6 Jan 2 578 Jan 26 13% Jan 2 $2.50 prior conv pref.No par "12Y" Dec 4 200 Dec 51s 41.1 Jan .1612 108 34 2 5M% Pf A without war.100 cfc Asked Range S\nce Jan. aass High 115 115 108.20 No. Low 1 108.22 24 115 9 *109.27110.4 116.2 108.20108.27 110.3 *103.25104.2 High 110.3 103.27104.16 104.15 104.15 104.6 105 16 ,105.16 105.9 105.20 D *108.6 108.15 1946-1949 D *109.27110.4 ......1949-1952 D 107.27 107.27 107.30 Treasury 3s...... 1946-1948 clOO.28109.28 Treasury 3s ........1951-1955 M 5 108.4 108.14 2% Jan 13 M 73 1'2 17 7 Jan 26 Jan 27 % 75 Jan Aug Dec 5 Jan Dec 99% Aug % Dec 3% Dec % Jan 10% 9% 21% Aug 85 % Jan Jao 8% Dec Sept 314 Dec 11% Dec 1955-1960 M S Treasury 2^8-. Treasury 2M8 Treasury 2Ms.. 110.16110.22 107.20108 110 Jan .1951-1954 J Apr D 1 06.9 *108.17108.26 *109.6 109.15 105.19 105.19 D Treasury 2Ms Treasury 2Ms.. Treasury 2Ma.. — .1949-1953 J D .1950-1952 M 5 1952-1954 M £ 1956-1958 M S — e.\ 06.17106.20 106 106.16 106 1 106 106.18 104.5 6 103.23104.3 *120.20102.20 D D *104.4 104.13 Vf S 101.17 101.17 15 1948-1950 .Dec 15 1948-1950 J D el 04.15104.15 _— 41 102.23 103.2 100 100.26 104.27 105 ... 11 104.24105.10 104.14104.20 ... 101.17 7 101.17 101.23 C104.1 104.1 6 104.10 .1949-1951 J J ...1951-1955IJ D 100.20 100.20 ...lgss-igos'j D *103.3 103.12 627. 105.19105.25 106 1954-1956 J .Mar 109.9 109.18110.11 *105.24106.1 .1947 J ........ 109.9 1 12 106.20106.31 103.29 ..1967-1972 M S 100.17 100.15 100.21 .1951-1953 J D *104.12104.21 Treasury 2Ms-. Treasury 2Ms.. 4 107.24 1O8.17 3 108.18109.11 ,107.28 108.1$, 108.18 D Treasury 2Mb.. ! Treasury 2Ms.. 107.24 S 1948 M S For footnotes see page \ 106.6 1958-1963 J D 1945 J Treasury 2s Treasury 2s— Treasury 2s 110.4 106.8 *106 i 1960-1966 J Treasury 2s Treasury 2s 109.8 *106.27107.4 -1956-1959 M ;;; 110.22 109.12 1945-1947 M S Treasury 2Ms— Treasury 2M8_. Treasury 2s C109.6 C109.6 1948-1951 M S — Treasury 2Mb.. Treasury 2Mb.. 43'2 6 1,000 Bid 105.16 Treasury 2Mb.. Treasury 2Mb.. 3 »i« Jan 2,000 Range or Friday's Sale Low U. S. Government per share 3 Jan 12 1% Jan 5% Week's Last Price Week Ended Feb. 6 55% Sept Feb Alaska Juneau Gold Min._.10 538 Feb 7i2 Jan 43 4834 Jan 13 1500 Albany & Susq RR Co 100 Allegheny Corp .No par 5M% Df A with $30 war. 100 46 106»2 Jan 23 6 108 "si 6% Jan 22 19 ' Highest $ per share $ $ per share 3 Jan 29 4612 Jan Lowest Highest Tsoo 100 11 90.45 Year (1941) $ per share '■ 500 > S3 EXCHANGE Treasury 3Ms.. Treasury 3 Ms > Shares 47l2 21 90.27 109.47 109.99 Treasury 3 Ms Lowest 40 21 *su ♦62 *35 108.75 1. were: Ranye Since Jan. 1 EXCHANGE Feb. 6 $ per share . *47 *64 Y $ per share 53.04 Friday sale - NEW. YORK STOCK Friday Feb. 5 share per STnrirs Th ursday 93.33 3. Treasury 4Mb Treasury 4s Treasury 3Ms *48t2. 4834 *48% 48T4 48t2 48i2 483s 483S *48 48% 105% 106 *10534 106 106 106 *106t8 106% 106 106t2 *108% 109 ♦108% 109 ♦1083s 109 ♦1083s 109 *108-38 109 *35 - 40 *35 40 106 ♦108% 109 6% . Feb. 4 37.49 105.95 2. t Cash sale. -y.. SALE PRICES Feb. 3 37.38 Feb. Treasury 3^8 Treasury 33f8 Tuesday', 14.02 Total NEW YORK BOND RECORD .. t Deferred delivery sale, NEW YORK STOCK RECORD AiVD HIGH ties Feb. 1 Treasury 3!4s, 1946-1949— Tefal tales in $1,000 units.:. : y Bonds 20 BONDS C " . ..... Low. • Rail¬ .... *7 v High ?* ' 106.17 106.20 .... Total sales in $1,000 units. * Total sales In $1,000 units 108.20 Low. ' • 1 (Low. 1MB. 1945-47 **•'** - (High .... ''V~ .A 1 Exchange > Feb. Low. (Close + mmr- , . on Feb. Total sales in $1,000units... .... 105.19 bonds listed averages of representative the New York Stock: Feb. (High 2Mb, 1942-44 **-^.u .... ... Averages daily clo3iug 30 101.22 Total sales in $1,000 units... 105". if) the are 10 (Low. ..... .... Low. 48% '48% $265,328,000 Indus¬ Date ■ Close Total sales in $1,000 units... 106 $253,146,000 \ (High 3s, scries A, 1944-52 ' 1 High , $34,341,000 Stocks (Close ' % 236,619,000 $3,151,000 19,069,000 2*3,108,000 Low. ..— Homeowners'Loan Close Total sales in $1,000 untts... $ per share 15,228,000 compiled by Dow, Jones & Co..: Total sales in $1,000 units... High $ per share 15,721,575 $1,299,000 Y, Close ^ Low. Feb: 2 15,071,285 $444,000 (High \U:- 3 /•' "" i High Low. . ;;" . Monday ' 1941 3,426,000 30,471,000 Stock and Bond Total sales in $1,000 units... 108.18 Close Jan.. 31 t $37,002,000 Total 104.24 108.18 .... High Saturday 2,408,615 104.24 3s. 1942-47.. Low. LOW 1942 2,809,090 34,024,000 - Low. 107.28 I Total sales in $1,000 untts... 2MB, 1949-53 2,305,760 Railroad & industrial.. Total sales in $1,000 units... 107.28 107.21 Low. 2MB. 1948 Jan. 1 to Feb. 6 1941 $169,00') Foreign . Close 2MB, 1945 6,875,000 $37,002,000 Bonds Close 3s, 1944-49 ^ 107.28 * 2MB, 1960-65 Stocks—No. of shares. (High , , -U Close 2Mb. 1958-63 1942 Low. .... ' 107.24 Total sales in $1,000 w«tt.i.— | $169,000 6,465,000 $34,024.0001 (Close High . $2,809,000 431,960 2,305,760 IT. 8. Government (Close Close 2MB. 1956-59 483,000 392,000 5,449,000 6,609,000 6,931,000 7,327,000 Total sales in *1,000 untts— Total sales in $1,000 units... 2MB. 1951-54 6.799,000 57,000 20,000 45,000 18,009 Exchange (High Low. ;y:; 494,000 Total sales in $1,000 units... Federal farm Mortgage .... High if 6.417,000 439,940 100.20 Low. 3M8.1914-64 2MB. 1948-51---.. 482,000 705,000 501,630 10 2s, 1953-55 •'i; - 4,946,000 5,847,000 21,000 373,820 Wednesday Total. 100.20 .... S. $3,811,000 100.20 • Close 330,270 Friday... (High •2 % Total sales in $1,000 units... $8,000 Monday... Tuesday Trcrtfc Ended Feb. 6 (High (Low. 109.6 i 'it v $253,000 *2 (Close 109.6 103.12 "• $3,550,000 -(Low. 2s, 1951-55.. ioV.fi" 100.8 .... Low. 104.1 104.1 Total sales In $1,000 untts... *2 ; - Sales 228,140 (Close 109.8 ■ Bond Bands Total sales in $1,000 units— 109.28 Close 2MB. 1945-47 2s. 1919-51 109.28 .... Government Bonds Saturday... (High 109.28 . Total sales in $1,000 units... 2MB. 1955-60 1 j. m Close • Low. Total sates in $1,0C0 units..-. Y ■ ♦ High 3s, 1951-55 107.27 107.27 10 .... ' 104.1 (Close 107.27 107.30 107.30 - Close Total Foreign Bonds Thursday Low. - . Close Total salts in $1,000 units... United States and Mlscell. ^ [JCTPP Low Railroad Number of Shares Low. .v* • High Exchange Daily, Weekly and Yearly (High ' ;i- Total tales in $1,000 units 31.1946-48 Transactions at the New York Stock 104.15 (Close ■iifl iZ~ Close 100.17 104.15 C 2Jis, 1954-56-u...-..— Low. V .. 100.16 (High 105.16 . .'F- ^ 100.10 Low. 105.16 a 100.21 Total sales in $1,000 units... •- 105" 16 '4 ■ 100.16 100.15 100.19 (Close 1 1 w v i High 3 MB. 1949-52 Out-of-Town Listed Markets (High -j Low: 100.15 100.19 ■ 2H«; 1951-53--.. ' Total sales in $1,000 units.:. 100.19 100.18 >■'■!■<:«*•f ■»- 104.15 •''v.C* V Close 3MB. 1846-49-. 100.18 100.16 Y:.' ...w* 104.15 - tx y .. High 3««. 1944-46— '' 104.15 ■: . 100.16 2 Ms 1967-72 PPmmrnl High Low. ■'r~'... 100.16 (Low. (Close Total sales in $1,000 units... .... •V Exchange (Close (High i' Close Tefal salts in $1,000 units. .• 1 Total sales in $1,000 units... • New York Curb (Low. ! -i ■ Total sales in $1,000 units... v 1MB, 1943 45 5 [High 2MB.1956-58 C-':- „ QUOTATIONS 103.29 104.5 . s, 103.29 Low. yTM* • ytbPp'j*. Close Total sales in $1,000 units... ' :-Vv. High Low.; SMB. 1943-47 — ' 1 104.5 Close Total sales in $1,000 units... _ .'•■"I'"','til*, . . City News Corporation News 106 Total sales in $1,000 units... ~*r. State and Feb. 6 106 Y . ^ f, Feb. 5 ■ . Low. SMs. 1946-56 '•■'■ml ifl . Feb. 4 106 (High - . Feb. 3 Low, • Total sales in $1,000 units... High - 108.20 w . 'x Feb. 2 (High 2y3s, 1950-52 '2 108.20 Close Dally Record of U. S. Bond Prices Jan. 31 Treasury 115 115 • Feb. 4 115 . Treusui? 10 .— 104.10 100.30 100.30 .... . 100.10100.21 103.14 103.lt THE COMMERCIAL & 618 FINANCIAL CHRONICLE NEW YORK BOND RECORD STOCK RECORD NEW YORK Week's ' Frlda \ T/>W S\ T.E PR!-'*;? HIGH LV1 Saturday Mania/ Jan. 31 Feb. 2 $ fib--- $ share ~er 2H4 20%' 21 5%! 2078 5 *5 *11% *13% HO 13 *11% 14 It 13% It ♦73 80 23 '•> 133, 19% *1 19 2178 *45'4 7>4 •31% 3 18 .31% .32% ?2 "2% 72 791,' 791, 7"? *t8% 191, ,71% 18% 103% 110 74 987. 7s % pu %'«: 25% 95o *"1o *22% 29 281o 28)., 29% 9% 23 25% 29 •" *3% .3% 33% 6% *% *26% % 29 . 23% 30 Jan 2 514% conv pret.....J.-..100 Amer Cable & Radio Corp..l 125% Jan ir«o 90 £00 68 Jan 2 Jan 14 - 23 ,56 F'.b 2 95 Jan 5 15 5 Jan 3 8 Jan 2 10 18 Jan 2 94% Jan 6 5% Jan 9% Jan. 23 Jan Oet 34% July 79% July' ; 23% . 115 Jan 121 Jan „ Jan ' " SX'-m American Crystal Sinar 6% 1st preferred.......100 2 1%-Jart 2 16% Jan 2 28% JaU"19 American Encaustic Amer Amer 100 . 178 Jan; 6%; Aug <■ 3% Jaa 10 Jan 26 De ,,27 40 H? 27 3% 35, *25'o 7 9 ! *10'2 , 1078 5 *991. 22% 8 *118 22% j i Ann ; 4o0 8°*i ni¬ j 400 2 900 ' 25 24% 93 187, 5, ?9% 187, 45, 4% 25 % 22 *159 195 11 54 *7% 3"*% 491? *115 23 23 47, 45, ' 19*, 11% *rs *158 164' 11% 11% 11% 11% 11% 11% 11% 55 54% 55 54% 54% 54% 55 .39% 497, 5% Ri% 411, 33 11% 5% 7 7% 31% 39 32 .39 *?9 40% 41% 41 41% 3-tO% M9 149 149 „ *39%' 33% 33% 119 33 " 180 92 M0% 6,°00 146% M6% 400 "33 800 40% 40" *31, 2,000 7% . 32 M6i M6 34 *7 7% 33% 93 ro 142% 143 *14'->% 144 107, 90 90% 90% 9034 20% 20% 90% 20% 8.400 11% 11% 11% 12 12 12 12 12 12 1,100 *77, nt 20 04.% «5% "5% *90 77, 20 01*, *79 "97, 1271, M8 48% 47%. 471 48% 48% 48 48% 141 *t% •MS, 4% 41. 941, 911, *114% 114% 27, .. 91% 114% 114'; 37, 2.7, 73 *70 *79% 27, 73 •5% 51, 74 4% *73% 4% *44 5'I *725, 4% 74 48 51, *44 20% 95% *191, *01.?4 *90 907, *■>0 48 47<* 94% 1143, *114 27, 27, 701, 5% 70% *434 ' 971, 27% 28), *17% 28% *971, 27% 28% " *15% 16 *8% "JO 1 5', 112% 112% *3% " 112 111% 111', 111 3% 3% 69 69', 66% *80 70% 25% 7% *90 .25 *7% 3% 66% 70% 25 20 90 57, 90% 130 5 057, 001 *00 48 139 947, 24% 11434 *114 114% 3 78 5% 74 5% 48 28 2812 16 " 112 9% 1% 2% 97, *-0 78 •5% *5% *73% 74 *5 5% 48 *44 8,'00 4s, 1/00 24% 4,400 *4% 4% 24% 4% 2 600 18% 48% 1°6 136 48% *I?6 48% 48 48V 48% 100 8.'00 128% 128% 128% 128-1 24% 114 . 200 200 114 4,700 2% 2% 75 *"0 *5 r 74 478 200 800 5 48 27% 27% 27% 27% *27% 28% *27% 16 112 112 S .600 9si *8% 1% *1 93, *8% i "*1 1%, 230 ""Too 400 247, 34% 34% 111 3% 66% *60 25% *7 7% 5 7% 7% 7% *678 4 000 1,490 "E499 7% 100 5 *67S 40 May ,.8318-Aug; ♦Otd sink fund 2 2 11% Feb 4% Jan 19% Jan Tl-5% Jan 3 5% Jan 30 2% 3 7 23% Jan 26 15% 2 24% Feb 200 "16 Jan 10% Jan *37, *.... 4 4 86% 891, *4 8614 * ■" 86% *4 *4 2 *705, 91 75 *T) 77 *■"1 76 *74% 76% *81 85 *81 85 *81 85 *81 85 *81 85 *81 225, *29% 2^1/ *29% 23% 22% 22% *22 91 91 *5% 23% 22% 9% 22% " "6% " 6% "6% 6% 6% *6% 77 *73 6% 77 "1*566 ■85 23% 300 91 91 3r0 (11% 92 01% 91% 33% .311, .3* 3t% 3", 01% 34'? 91% .34% on 35% 35% "61 35% 36% 97 66% 663, *66% 67 67% 67% 67% 67% 68 68% 24% 24% 25 2434 25% 25% 25 24% Refg.No par 147 J——-i—25 31% Jan 7 2 preferred—.—%—v.lOO Jan 3 ...... 100 141 140% 19% Jan 10 -9% Jan " 2 Foundries.'-No par ..No par Tobacco..No par Amer Telep & Teleg Co.-.100 25 Tobacco.—. American preferred..100 Incr.lO Corp....14 Amer Type Founders Viscose American 5% preferred.—.100 Am Water 2)19% Jan 91% 46% Jau 2 F ib 6 133 3 24% Jan 23 Feb ' 6 111 4% Jan 234 Jan 2 Jan 2 "4% Jan "2 Wks & Elec.No par SO 1st preferred..—.No par 65 American -Woolen——xNo par Preferred—,---^100 Amer Zinc Lead & Smelt.... 1 73 —.25 46 $5 prior conv pref Jan 17% Jan 2 125% Jan 17 45% Jan 2 25 Common class B— 3 2 2 7% Jan American Stove Am Sumatra Jan " 4 Jan 2 Mining-.50 Anaconda Copper Jan 2 Jan 30 27% Jan 20 Jan 21 16 3 Anaconda W & Cable—N(r par $5 dlv 8 26% Jan Corp. 12.50 preferred—...No par 111% Feb Mining.„—20 Jan A P W Paper 81| 1 % Jan Co Inc.;r..^..5 Archer Daniels Mldl'd.No par our&Co (Del) pf 7 % gtd. 100 Armour & Co of Illinois—— 2 7 5 33% Jan 109% Jan ..5 3% Fib 61% Jan $5 conv prior pref..-No par 7% preferred..100 Cork Co...No par Constable Corp——.5 66 2 - 6 8 Jan 21 Jan 2 678 Jan 12 21 Armstrong ' Arnold 28% *291. 28% *16% 41% *40 " 41% *40 28% 41% Artloom .No par Corp...; — 24% 24% 24% *28% 29% 28% *'0 41% n 23 109 109 9*4 8% 49% 491., 83% 63% *115 8 *17, *20 3% 118 8% 9% 22% 3% *10 *26 ' 28% 40 40 100 40 40 200 93 " 22% 22% 29% 23 22% 29 22% -22% 110' *108 110% *108% 110% 110% *108 110% *108 6", 67, *6% 6 67g 634 *63, 6% *6si 6% *49% 40 49 F0% 50% *49% 50' *10% 49'? 49% *64 67 65 *63% 65% 65% *64 *64% 65% 65% 119 *11.5% 118 *115% 118 115 *115% 118 *115'? 118 *3 8 8% 8% 8% *8% 8% *8% 77, 77, *1 7, 2% *178 2% *17g 2% 2% 2% *178 *l'g *19 22 22 *20 22 22 *20 21 *20 21 3% " 3% 3% 3% 3% 3% 3-3, 358 3% 3% Atl G & W I SB Lines..——1 5% preferred 100 4,600 20 15,800 Atlas Tack 27 3 3 6 76% Jan 14 57, Jan 14 ► - 5% Jan Jan 2% 13 28% Jaa 30 Jan 14 3 2 Jan 24 10 Jan. 21 Bue 10s Aires (Provl Jau 8% Aug 81% Sept 8 Jan- 58% July: 30 4 Feb 20% De - Jan 137, 13% 13% 3% 4 4 4 37, 4 13% 378 7 7 7 7 6% 7 7 7% *5% 6% 6% *29 87, *5% *29 19% *16% *18% *12% *104 - *103 *7 6% 29% 87, 5% 29% 19% 16% 19% 24 *20 9 5% *29 10% 13% *18% *13 105% *101 30 103 *18 *100 29'.' 33% 57g *29 9 9 5% 29! *5% 29 10% 10% 13% *16% 19% 24 *18% *13% 105% *101 30 *18,% 105% *100 *7 7% __.r 35% n% 6% *13 7% *13 35% *5% 13% 31 *3% 13% 5% 29% 9 9 *5% *29% 29% 9 .57, 30 m 10% 10% 17 13% 16' 19% 24 *138, 19% *23% 24 195% *101 " 105 .30 105' 7% .... *99 *3% 30 104 7% *13 *13 35% " 6 29 29% 4 36 3 6% 8% 7%5% 29 *9 5% *29% 10% *16% 18% *233,, 104 20s4 *98 *6% 13% 4 7% 6* 378 - 30 9% 5% 30 10% 1678 X34% *5% 29 7' '% 1 onn 10% 10% 6,500 167, 200 19 10 200 24 409 110 100 *23% ?0 60 " 100 *6% 7 "04 *95 33% 34% 0 "00 C..13 109 Barker Brothers... 4% Jan 50 109 ...10 4% Jan 22 6% 91% ■■J. *68 Vo par a 8% Jan 88 , Sept J in 53% I)e 13% Feb Dec 13%: Feb Jan 19% June 16% 107 May Jan 7 Jan J> 6% Feb Jan 27 47% Feb 70 Jan 116 Jan viS 17 26 9 61 111 May 6 Anr • 6 • Feb 1S78 Jan 12 $5 preferred w w . 22 104 Jan 13 Jan 3 ^...50 28 Jan 23 Packing Co:...20 105 Jan 89 Beeoh Creek RR Belding-Hemingway—No par Belgian Nat Ry3 part prer Bendlx Aviation 5 2% 45% •56 33% Feb 6 626. 83 0! 28 f 92)4 22)4 '136 %\ 18% 24 %i 1844 '21%\ 10% 24)4! '51)4 A. 7 50 J4 57 55 ^ 68 % 'it ^ 110 88 ■• 7 >y 56% /J , 59 ;,"■■ f- 6'2%: 61 %; 60'4 63 61 46 - 46 62 'it ' "58% "62"; '50% 59% ■ 61 % 4 . 46 105 104)4 105. 13 101% 101)4 101)4 39 A 00% 99% 14 1960 A O UN 63 * '48 08% 00% I J -98/4 07% 21 07% 98 4: 1944 J J 99)4 00% 004 24 99 99%. 1967 J J 04% 04% 4 94)4 05 4 04% 054; 154 154". 1961 1968 MN 1954 J ,14% & .Sept 1961 S ♦External slaking fund 6s... 1962 O £•- *6s aisented.. — — "ii% *35 13 17 16 12% 16% 16%l " 13% "'•J - 12)4 16%] 14% 154 16 134 16 U; ^'1 14% 14% i "131 -16 4 13% *16 ♦16 '*14?4 16%i 13 "ie 15 *16 J Jan 'l4% 14>4 144 J — .—. - .. 10 ♦16 O O A 6S..4.—. ./ *16 1961 s f -sented—. 05 *5::; J 1942 MN 1960 94% *04% .Jau 1961 a 10D4 106)41 100% 10' H! 00% 98% ♦Extl si iking fund 68—Sept 1961 15 164 134 '144 "*37 13% 16 % ♦16 ~ia" "15%; ■ *14 1962 ♦fls assented—. ♦External si iking fund 6s... 1963 UN 1963 .1/ N ♦6s assented 15% 4 ^ ■»/i 15 15 14% 14% 13% 154 13 9 10 13% 12% 15'4 J ■ ♦Chile Mortgage Bank *154 / I) — .... J J A A D D O O 13 14 6 "id *14% —Oct 1961 A 0 ♦6s of 1927—— .——..Jau 19611/ 3s external s I S bonds——. 1970 A ♦Colombia Mtge Bank 6J4s—. 1947 A O Conenhagea (City) 5s.. ... 25-year gold : Cordoba (Prov) Argentina.7s.. 1942 J U 1944 External 5s OM914 ser A.... 1949 F 1949 F External loan 4%h...— 1977 J 4 .........i 43% 43% 10 304 43^ 3 374 32 4 34 81 20% 254 30 42% H 254 25% 2 43% 34% 254 25% *25 ,22% "'7 "184 f-194 224 5 17% 254 24% 98)4 99 97 99 i 15% 19 16% 12% 19 08% ♦Costa Rica (Rep of) 7s..—j 1951 MN of 1904i... "ml "144 :... ♦5 O / 15% 25 4 "33" D 1953 UN 14% 124 .V. 43 43)4 J ♦.Sinking fund 7s of 1926— 1946 MN F A .♦linking fu id 7h of 1927— 1947 1952 / J3 4: 15% 13 1514 '• 12% 12)4 12% 15% 1414 • 124 ♦12!4 ■..;■ *6s of 1928—W 124 14 13% D ♦Chinese (Hukmvig Ry) 5s—.. 1951 / Colombia (Republic of)— . 13 " *154 12% ""2 -14 14 ..—...I960 M £>' ;;i47sassented.. ■ 16%^ A *102% 102% 102% A ♦101 % 100 8 *101 D J4s external debt.....—. /; j —Hi iking lund-5.^8—-Jan 15 1953 ♦Public wks 5!4s...June 30 1945 / D ♦Czechoslovakia (Rep of) 8s... 1951 AO . 14% 15% *154 J/N MN M s 16 13% *154 6)48...1957 J D /6)4sa seitcd,........ —1957 ./ ♦ai ik fund 6>4s of 1926—-,1961 ♦63iss,'sented—1961 ♦Guar si ik fund 6s. 1961 ii/,. *68 assented ,.1961 ♦Guar sink fund 6s——£— —1962 ♦6s avseatcd.— ....... 1962 ♦Chilean Coas Muuic 7s —...I960 V 77% *102% 107% *16% 109 ♦rflnking fund 8s ser B...... 1952 A; 0 78% 16 103 75 ' 107 101 109 106 i 79 % .,102)4 109)4 121 Oct External gold 5%s Nov Do til,dean Rep Cost 3% 20 10% 3% 2% 354 26 A 20% 29 O 25% 25% , 30% 127% 11 M B Ad 5HS--1942 J F ---J- 68% 68% 1 - - m 35% 8 A 0 67)4 0 67)4 67% 67% 67% A 68 10 M ,S 68 68 68 35 4 46\{ 29 25% 34% 32 63 68% 50 67% 67% 68 / 1 63 68 1 2 A O 67% 67)4 67% 6 61% 67% A O 67% 67% 67% 8 67 67)4 8 124 Oct Jan Dec De 3% Dec 187S •»• Oct 5% 15 .-,—4 J ^♦lstser 5)48 of 1926-/...—1940 §*2d series sink fund SHs.—1940 Customs Admin 5 2d scr.. 1961 5>4s 1st series ... 196) 5)48 2d series.....— ——.1969 9% July 25% 15 A 8s.——.1942 1965 15 1962 External g 4)48.——Apr Oct Apr 27% *16 D Denmark 20-year extl 28% Dec 111% Sept 7% July 51% Nov 72% Jan 19 / J / *10 12% 6% *0% 9% Jan 5% July 8% July Dec Dec Finland (Republic) ext 12% Sept 34 French July ,97g Jan 13 6 Jan 27 7 Apr 12% Sept- 5% Jan 20 27. 18% Jan 6 27% Dec Dec 7% Feb 13% Dec 6 17% Dec 31% Mar 20 De 27% July Jan 6 3 29% Feb 5 M .1945 6s / -7s unstamped, .S *65 D '75 *65% 1949 *8% *7% 16% 0% 85 63 ..... 1964 ..1968 65 81% *65% Republic 7sstamped.—194.r — 35 11% Jan 30 19% Jan 24 Fib 104 11:0% Jan 10 10178 28% 103 7 % Jan 29 397g Jan 3 „ 9;s July Sept 10% July 24 7g Mar D3: Feb 106 32 Apr June 126 Jan Greek Government— 7s part paid...... 6s part paid 9 9 6% 8 Oct H I 8% July 6% Dec 10% 6% Jan 14 . 56 60)4 ....Feb 1961 28% July May 1% May 13 Jan 31% Jan 16% Jan 26 5 91 y 2 63 46, J A 70% May 2 ;Vo par ..25 No par 83 1 91)4' 31% July 26 Corp——.1 Bayuk Cigars Inc Beatrice Creamery 1 83 A.4% 24% / 56 i 59 O 4s.... Jan 17 3;% Ap; 41% Sept Oct 6s ser extl 6 l>4s ♦Haiti (Republic) s f Hilsingfors (City) For footnotes see page For footnotes see page 59 1961 ♦fis 10 <8 Sept Dec 18 7% Jan 2 55%, y " 59)4 H .1975 UN ....... /♦6s a'seated 98% Mar 6% Jan 5% J an 13 Jan 5 15 1945 F seated ♦ity extl 102% Aug 35% Jan 2 2 27 5preferred.... ——50 —5 56 I U 8 .41976 .4 ♦Extl sinking fund 6s..Feb Oct Dec Dec 109 4% Jan 47 ,24% *70 ♦External slaking fund 6s. 1960 .4 Jan Dec 2 28 27 8% Jan 31 Barsndall OH Co Bath Iron Work3 Jan - 70 %i • 50)4 .*78 assented......-....--. 1942 MA' Cuba (Republic) 5s 5% 50 13% Jan 23 2% Jan 2 —109 Ohio 4% preferred Beech-Nut *13 3i Baltimore <fc 22% 56 ♦El Salvador 8s ctfs of dep. —1948 J Baldwin Loco Works v t 24% 22% 65 ♦Estonia (Republic of) 7s.....196/ '400 Bangor & Aroostook.— 3fip Conv 5% preferred 'lO0 Barber Asphalt Corp *16% 24 29% 6% 30 .5% 20 23% 104 2.400 9 9 *5% 19 100 4,409 5,990 *29% I87, *13 3.3 7 13% 4 7% 133, 13% 26% 24 A .. B 13% 1 —t. ; 27% 24, \ F 25-year 3 %s. —*», 7-year 2-%s — .... 30-year 3s, — 30-year 3s.-— ♦Carlsbad (City) 8s ♦Chile (Rep) Extls f 7s...... Jan Aur 3 28 7 14% Jan 61%> 91. V 92 V 28% 92 ■ A 11977 U f 4J4-4Ws.v- .,1976 ••• 9% Sept 76 5 J an 34% 81 Jan 4% 62 53 " 88 '• D 1952 Sept 20 45% Jan 9% Jan 2% Jan 72 ^ 5 6 22 /D J 3% externals f $ bonds.— .■*■198,4 70% Sept 87% 78 , 10-year 2 5^s....— Jan 17 20 23% Jan De 5% 28 Jan 34 6% De, -k3 2 - Jan 60 J 11961 . . f 4%-4Jis.-—. Canada (Dom of) 30-yr Jan 2% De 47% Jan 4% J ..1950 J — of)—? co Externals f 4J$-4%'» 35% July 17% Sept 14 67% Feb ' 4 Jan 21 66 26% Jan 15 7% Jari 26 — Exterial re ad J 4 33% Sept Jan s Refunding s July Oct I) 55 50)4 88 '/ .88;'' S "..1958 F ♦68 stamped. .External n Jan % 77id 70 67% 52% 55 , % 49 74 % 67% M 90)4 i M — Sinking fund gold 6s 112% Sept 26 Jan 99% Feb 617, Fib 34 3% Jan 23 .No par Corp of Del (The)-3 Jan 108% Mar 33% Feb 77S Fib 2 2% Jan 16 ....NJ par 7% 12% 2% 26 ' , 7 Jan 29% Aug Dec 7 54 Jan 115% 1% Jan 16 Jan 15 Jan 63% Jan 31 Jan 17 116 109 Anr s Bi lking fund gold 5s— Jan U078 June 35 Jan.8 Jan -; Jan 111% Jan 23 92 49 Dec 11% 16 17 De; 46% May 21% Feb 5 112% Feb Feb 54 > 24 Jan . ■ 3% De 56 "56" O Jan Sept .116% Aug 51 S UN A Sept 159 2% Dec 64% Dec 3% Jan J M .£1952 J.D -1957 U IB Jan 73% 74% 23% Dec 70% Feb 50 Jan 168% Dee 112; 2 77% 2 Jan 12 108 6% Jan 2 98 Dec 3% Jan" 3 22% Feb 20% Jan $5 prior A Aviation 4378 J external 8s—' ..1941 f 6Xs of 1926 -1957 1957 f 6 l<s of 1927 *7s (Central Brlsbaue (City) s f 5s_— 19% Aug 115% Dec 70 0 22% Sept iA 4378 Dee 83 Feb Jan xl43 ^ Dec Jan 49 Corp......No par Austin Nichols 13 13% Dee Feb 81 60% 60% ■; 1) Jan 150% 28% 11% May Jan 17 28% Feb No par 5% conv preferred... 6% 68% > 60% 11)4 24 *0% ;93h 77 69 % O A -8% Dec >.11% July . , 27 116% Jan Oct 54 De 143% Jan 14 5 Jan 19 50% Jan ' Jan 45% July 155 Sept 15% Dec ; 21% Jan 2 134% Jan 6 49% Jan 2 27% Jan 60% Jan 20% Jan .——100 RR...100 Mar 139 21% Jan"13 97% Jari 14 Jan 13 7 10% • 6% Jan Jan ,7334 Jan 29%"' De 6 8% Jan 81% Jan RefKiDg:;-.——-.25 3,600 4% conv pref series A... 100 100 Atlas Corp.. .........5 2,200 6% preferred -.59 500 10 4 Feb 8 J 5% preferred ilOD Atch Topeka & Santa Fe—100 Atlas Powder 133 70 Atlantic 300 2 16 143% Jan 27 20% Feb » 76% A 4 ./ ♦External Jan " 20 6% lst-preferred——100 7% 2d preferred.....—10J Co.No par Assoc Investments 5% preferred Feb n% 24 90" F MN 11% • ■ Jan 40% July 33% De 27 /II ' 1144 10% 13% 12% 89 % ♦ External s 165% Aiig I578 Jan De Jan 12 Jan Dec 729 11%': ■10)4 11 % Jan 7% Dp? 'It % 12% *20 MN '^1949 -1955 ^External s f 6s.. - "39 Dec 6 6 14 14 .. 6 ■' »T4% 12 100 Associated Dry Goods...4 —1 Atlantic Coast Line 28% *26 •>934 *103 23,600 6 3% Jan 50 10% U% *11% ♦Brazil (U S of) ' 3% '. ~10% 12% 11 % *u% MH *11% '% Externals f 7s..../.-.i-j. ;C1955 Dsc 46% ' \4, : 25 *11H f 7s 1st series. 8 Belgium extl 6 348-ii—-- 0% Sept 1 De 13 25 32 *n% O '/•/■; • 1" 101?4 106 B • Apr •26% Aug Feb 9 • Jan .23 •1'21 *26% " Jan i 13% Jm "% Den 20% 1)9 34% Jan 12 .Ma 155 Jan 43 7 / 257s *98% oi 6 209 *26% A ♦External See s f 7s 2d 795% June Feb Ab 17% De •3% De - 2 Jan •■ •• 3 12 Jan 13 57% Jan 5 165 6 7% preferred.... 86 *.... ""«% *73 " 6% 9 478 Jai) ' 5% 9 22 2 Jan 5 Jan 102% FA 6si.'7/— .•'..1948 —1957 series.1957 ♦External sec s f 7s 3d .series. 1957 Antwerp (City) external 5s:% ..1958 Argentine (NationalGovcrnment)^S t external 4!^s—c——-*-yl948 S f eNt conv loan 4t$s..•.i..l971 '> S f extl conv loan 4s Feb V—1972 S f extl conv loan 4s Aprv.ci.1972 Australia Com'we ilth 5s—.. 1955 External 5s of 1927./—".%%. 1957 External g 4)^8 of 1928.; 1056 ♦External > Jan 17% 8% De 111 Jan 59 7 23% 3 40% Feb Amertcan Stores Arm Jan 102 102% - Jab 13% ' 26% Jan 187, Jan 31 4% Jan "2 Jan 3 165 5 C Feb/2 26% h Jan" 7 Jan 31 22 53 : 35% Jan Amer Steel 6% 119 4% ; .5 ..1980 . Norway) 4s. 1968 ♦AntiO'iula (Dept) coll 7s A..J1945 ■; ^External s f 7s series B . — .1945 ^Externals f 7sseries C — ..1945 ♦External s f 7s series D.—,1945 30% D3 7% De '-77% De Jan 85 3 —.a— ; % 978 Jan 4 _ Fib Dec Dei , ,.v , i. (Colombia) —1947 ♦Gtd sink fund 6s 51% Aug 2% Sept Oet Dec 6 89% Jan 46 Feb Preferred. ' 10% Jan 31% Fob American Snuff. 1 ,20/ 2% 6% 38 v Jan 21 Jan 15 Ship Bulldln? Co .No par Amer Smelting: & 6% - 5% Jari 7% Jati American Seating Co..No par Amer , 7 8% Jan" 2 American Safety Razor..18.50 Andes Copper 11M, *110% 1113., *110% 111-1, *111 3% .3% 334 334 3% 9% 3% 66 66% 67 671? 67% 66% 66% VO 67 67 70', *96% 67% *60 25% 25% x25% 25% 25% 25% 25% 34% Jan 28 38 4)4% conv preferred.... 100 Anchor Hock Glass *V5% 16 *111% 112 600 .34% 4 " 28% *15% 100 600 5% 74 *44 "3% Jah" 6 6% Jan 21 Rollins Mill.—z,25 Amertcan 50ft ?4% *4 7% 96 *1 34% 111% 057, *95 0 8 . San'y.Nio par Preferred..—.—...... .100 Co....No par American Sugar Refining—100 200 Preferred—. ; 100 700 20 *8% IV 34 *111 25% *7% *15% fl8, *1 *31 3% 97% *98 111% 112% *0 10 " 1% *1 .317, • 2'i, .317, 1% *84 1% 16 *'9% *47, *44 27% * *73% 5% 27 *15% 15 *111% 112% •''i, 20' 5%.. 731, *97 7" *'0% 97, *70 5% 48 *44 '7% 20 43, 94 V *114 731, 4% *131 139 4.7^ 8 1277, 1287, 48 477, 48% 13% 48% 481, *135 140 149 47, *77, *19% *94% 127% 1981, 48 48% 49 *135 8 ... Am Rad & Stand TOO 51 *5% At .5% *7 *1441, 141% *144', 147% 33% "14M, 19% 5% 7% *5% 117 117 20'' 127% 197' $5 Co.—.No par — 1% 26%.Jan 104.20104 2.3 Akershus (King of Jan •;f 37, 42% Dee 3 ^an 17 12 F b -6 46% Jan 5 % Jan ' Lljbt. ..No par ——No par preferred.... .No par $6 preferred 2,310 77, *7% Amer Power & 5.200 55 preferred.——i.100 American News 164% " *20 6% 10,300 11% 33' .... 45g 54% *'1, 195, 11% 41, lit *5% *lil% M5 201, 4% 4: 20% ' 1.400 5358 7!, 32 407, *33 20% 20% 110 11% 5% 117 *158 5, Amer Metal Co 1.200 24 "»• 23% Metals.-N? par Ltd..-No par Amer Mach A 1,400 20% 41, 25% 2°% 25% 11.1. 2t% 25% *25 »4 24 4% 165 *158 *1*8 V 1R<> 25% % *993, 197, 197, 4% 197, 4% ! 25% % "m "1 23 *191,, 197, lt% 54% *5 25% *25 21-1 "is .50 Locomotive .No par Preferred.—. ..——100 Amer Mach & Fdy Co .No par 100 1"0 *M8 1 American 1,090 99% 99% 99% ro 5% conv preferred— v"""" Jan 21 " 25% Jan 14 Corp.._N> par 6,100 American Invest Co of 111—1 .5% 22% 1'9 100 Amer Internat 0^' io"8 non-cum prer.^.;.. 6% "100 39 8Q,t 11% si, 120 7 *61, *37 89% 11 26% 4 3% 1 American 11. 38 Home Products...1 Ice..........No par American : 2,700 40 26% 0% 014 5% 5% 190 *118 *89 11 11 5% *"3 017, m in 110 05, *' 1 39 *37 <1% 89% *88% 107g 1078 5 "1% 22% 22)8 *117 1078 .5 5% I 47, *6% 39 *37 9% 88% 9% 37, • 7 *634 40 83% 891, 1054 .37, 39% 1% 27 37, 7 *1% *251? 27 ■ 33, 7 *1% *37 40 *37 o , *831, r *3% , 378 *3% 3% 7 *25% 40 sO 1% *1', 27 *25% 27 .3% 40 *6% *37 *1% 40 40 40 1% .397, 49 1'2 .39'? *M, .. AgMcultural Mtge Bank • .39'? *1', *25i! 101.23 Municipal Foreign Govt. & v 28% Sept 7 Apr e24% Sept 38% Jan 29'. Feb 4% Jan ;r-1 1)9' 35 104 "22" 104,25 J.an 1% Dec 1% 7 -4 . York City New Transit Unification Issue— 13 /'llTg Jan. 8 32 % 14%: Feb i • Jan .% 1)3' 3% Jan ..V 2% Jan 10 2 2% Jan' 78 Jan 21 % Jan 10 -, Jan 13 24% Jan 33% Jan 21 —-50 6% conv preferred.... i . 28 " Leather—1 American Hide & 1,600 1 -19% Aug 95% Sopt Feb 9% ■ 6 2 •3? Jan 187, Jan $7 .' 22% Jan 27 98% Jan 23 7, Jan 14 preferred...--.—No par 1/00 $7 2d preferred A...N? par 200 $3 preferred.....—-No par 800 Americas Hawaiian S3 Co. 10 1.800 200 Dec 9% Mar ,al7' Nov-' 8% Jan ,4% Dee 978 Aug •T: 4% Feb •<_ 104.21 D /"3 v Aug Apr , t ■loo T 104.21 f 3s series June ■90% Dec :'i High, , • *101,29102.5 130% Feb 107 Jan . 9% .Aug 16% Dec Jan 15 ■ *100.28101.4 8% Anr i S UN J ■ 2 71 % Jan 27 5 Jan 14 3 Jaa M . D Sept 47% •. Mar • Imw . J J 55% Deo •j.;95% Jan 185 -Jan 157% Be 73% Jan 13 20% Jun .3 108 Jan 14 2 18% Fe'v Tiling.. 1 European Sees..NJ par A Eor'n Power...Ni par ?6 hvj,: 1? 108 209 29% Jan Co NJ 25 American Colortype Co-.-lO Am Comm'l Alcohol Corp._20 2O0 3 30'.i Jan 21 33 2 v No ■'■1 Jan 26% Dee .39 . Jan 28 65% 165, 59% Jan 5% conv preferred...i..100 Chicle. ..N? par 40 % *34% 35% Jan. 1 104.24, 104.24 / 2 HB -1... ..... — 1942-1947 Home Ow iers' Loan Corp— Aug Dee 41% Ay.8% .Dec 3 1% Jam American 500 23% . o CQ05 High *'04.24105 £ UN 1942 1947 ,. a J 63% July 2178 Dec 58% Jan Feb Low \i u———— Aug ,20 6 «122% Anr, - _ _ _ M.1945-1947 1% ■;[' &£ Apr 6 . Feb . 161% Jau 10 Am Chain & Cable Inc.No par 900 Feb 139 8 1% Jan 23 American Can........ ... -.2 5 Preferred....100 American Car & Fdy._N7 par 4.6"0 Preferred 100 400 5s, 29 3% 3 *34% 34% 34% 29 5% Jan 14 33 Jan, 16 27 2' Since o Asked l^sserles 21% Feb 14% 47 Am Goal Co of Alle?h % *26% 2% *92% 2% 29 3% 3 36 27-% *2% *227g 93% 29 3% *341.1 91, *11 * w or & Oct •37 Feb •40 2 98% .51, Jan Jan 10 J.'. 3s S >pt Dec ,41% 2 2' Bid Price A..,..-.'-..-1944-1952 2%sseries G 1942-1944 9 87 Apr _ 3% Corporate Stock 23 y Feb 8 21 43 Apr 14% V 1)3 ' 10 Feb /' 3 *1, *.5% 27V, 25 225, *3% *34% , 1 7, Jan 12 167% July 13 7 Aug Dee % : 4 9 Ranae Friday's Government (r'on.) 19 44-196 * 3s...I..... —....'..1944-1949 3 %s Jan 14% Mar Jan 28 58 11%' 24% Dee r 3 45% Jan 5% 21 17% Jai 28 51 $ *1% Jan 26 187, Jan 27 _ 6% preferred..._.......50 Corp., .1 1.000 Am Brake Shoe & Pdy.No par 18 *96% 30% Jan 18% Feb American Bosch 900 *4% 9878 Jan 1:'m Jan 48% Jan' 3 7% Jan /8 " *8% . 2'V 6% 23 ■' 29 3 36 3 9% N 2% 22 51 j *8% 2's, *% 29% 9% 29 265, *4^ *96% %« %« *13 987, *5. 9'" *5% %« 18 21% *96% h: •"is % *XI„ *13 28 D3? 71% May •' 2 75 *y4 81 17% Jan 5 578 Jan 10% 10% *'06i2ro - ,5% 9% ; 91%- 21V *39% 6% *34 9% *21% 's 295o *45, 9% 98 98 18% Jan Jan 28 A^rlcChem (Del).-No par Airline? InCwj-.^.lO 209 73 Ran Sale Federal Farm Mortgage Corn— Jail 11% Jan 27 6 Jan 78 America 1 1,100 39,4 14% Jan 21 500 American Bank Note......10 3.8"0 31% *74. *106% ro 75 7-5 18 *13 5% *8% 7t% 711, 21% *21% *5'o 285, 18 .51, *« *103% 110 74 *13 18 9'8 96'^ 26% 25, 19 *18% Am 3. "00 1% 165 12% Jan 23 5% Amerada Patrol Corp..No par 2/00 631, 165 107, Jan 12 13% Jan share per 25% 135% Dec 10% Feb 6 Jan 149 Jan 21 135 6% conv preferred.......50 *1% *165% 166 Week Ended Feb. 6 Dec ; 17% 4% 5% Jan 13 VmiMam Leather Co Inc.... 1 700 ^2% "4 31% *15, 911. 1891 190% *115 «3% 72 I8I4 4% 99s, ro . 94'n 93' .31% *8% 111 *»I* 1'2 *41, ro" " 130% *129 1?0 1% 1% .1% .1% 78U *13 96% 2 99 Last fci I* Highest share $ per 22% Jari '2 4% Jan 14 *0 47 '"9% 41., 4% 99 .31 '4 5i, 1% / 7% 48% V Allied Chemlc.il & Dye-No par 500 23% 47 7% J v STOCK EXCHVNOE . U. S. $ 20% Jan 12 Inc.........4 5% oreferred ..109 Na pa.3.400 Allls-Chalmerg MM Aloha Portland Cem..No par 1 00 9 << Year (1941) • . Highest share S per« — .55 23% 451, 48 *46 48 /II^ , 93% *153 914 ♦ *MS 155 , 29% 47% 7% *7%, Allan Industries 18% *545, 130% *129 "3% *10312 110 74 75'i 75 7% *4« 55 23% 47% 47'o 71, *47't '41, . . 41, 3314 397, ■ 1'2 13'« 185, *10 578 110 *13 43 91 *71 73 75 7 130s, *1°9 2314 .3 9 V, 3914 *70% 13V, 5t5! *45 55 •* 49U 173, 1''4 *17% 18% Par , ■ro 28% " 11, - 8,"09 98% 18 1 *1 23' 7 213, Mi 195 1391, *161 .54% 4 91 95 *17% 46% *1% !'• 112 03% 18% 23 461? +1°9 130'' *129 *17% 18% 71 .1 31'1 17% .511, '• *7 4', 18V, 1% 227, *5 4512 41, 29 *1 49', 22 43 *49 19 18 1% *17U 51.14 55% 23 4S% 7'| *"4% 1' 181® 285, 18% ■ -i , 5 200 Allied Ki 1 Co l.'OQ Allied MllU C> Inc._..N? par Allied Stores Corp..^..Na par 80 *17% 291, 287, 13% *1 ♦17% II* II* *17 237, 19 *12t2 ar> 0 14 6 *"8 SO *78 - 1,500 Al£[hiiy Lud Stl Corp.-Na par l.°00 12% 13i, ""• 5% Lowest v Shares 140 12% 6 5% 5% 80 *78 78'» 78% 29 *73 80 . ?«•% 1'0% .5% 5% 5% 5% 5%. 5% 138 1"9% MO *11% 12's 14 14% 13 ' .5% 5 % 199', 110 *11% Hit *11 14 5 5 -5 21V 21% , Lowest 8 per share Week Feb. 6. *er Lois Y. N. EXCHAN3E the 1 $ ner share shir» 21% 21-si 2'% 2"21 *4% 5 *4% .5 1 $ share »er 2M8 21% 13QI4V 139V, 139% *11% 131 13 *119 $ share ver J Feb. 4 Feb. 3 $ Frlda Thursdu Feb. 5 Wednesdhj : BONOS Range for Previous X -. On Basis of 199-SFiare NEW YORK STOCK far Tvesdai Rame Sinae-Jan STOCKS Sales A..1952'A 0 1960 J O 627. fi,3 57% 63 63 55 63 52 67)4 47% 57% Volume 155 -Number 4044" THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD BONDS ;■ N. • Last Y. STOCK EXCHANGE Week Ended Feb. 0 V Ratine Sale ' Range or §2 Friday's Price NEW YORK STOCK RECORD Week's Friday . Bid LOW AND.Hum SALE PRICES Since Asked & Jan. Low NO. Low High (. , -SaturdayJ; ^Monday share ver 13 1 J 76 ; 69 76 , 76 . O *5 H. 534 50 50 6M -• *19 191.1 678 678 'VI9% *684 M ' *10 D 74 UN D {♦Treas 6s of *13 assent.. .".1933 J "j < 5M ,'M 5H ..1958 Af S 98«4 951 17i2 6 5 > 634 634- : 6 .1334: 14v 14 13 J D ...1959 UN T 2178 22 ) 2i% \217ft 2i.j •• 2l4 V 2%-' 2% 273n 2719 *25% 29% *17i2 19 ; *17%; 19 *884 - 87« .8%;; s% .10i8 ' 10,i8 J'16% 16% *27 '• '29 *2734 29 75 1034 75 — . *70 - 70 *70, *37i2 - i*% 1454 ;\14M , - 38 1U N Ei 9 *1318 ....Apr 1958 Externals f 5s. A A Norway external 6s. — .-——-1943 F External 6s —1944 F External sink fund 4 Ms 19o6 M v 67 M 52 H 4s s 1 extl loan.— A 51M D 70M 70M 53 M 52M 60 . 8334 84M 53 5234 60- ' A O ►25 37 M 38 27M *20' *2526 56% 21 71o 21 >2 21 61M M S ♦Pernambuco (State of) 7s....1947 M S Nat Loan extl s f 0s 2d ser.. 1961 A ♦4 ♦Stabilization loan s f 7s 9% 734 m 9% 1947 A r »M 9 237 7 fOM 159 734* • ~ "*♦ r, u *14 J b *6)4 14 19 53 -1334" 12M J ♦Prague (Greater City) 7Ms— -1962 M N 6M 14 M *10M 29 13M 23 11 8)4 14 M 9% 834 *13 4% , 4% *35% 13M 36% *178 36% 2% 36% 89 27% 3 67 118 ' - JJW* J loan....——*1967 J ♦6s extl s t g — *78 extl loan of 1926 ♦7s municipal — I) D 156 1234 126 10 « 8?4 1978 90% 90% ' 14 M 120 14 15 34 12 12% 12 13M 234 ---rJ964 Af 8 ♦Sao Paulo (City of, Brazil) 88.1952 M N ♦6 Ms extl secured s f.——1967 }*San Paulo (State) 8s. —1936 ♦8s external.. —1 50 ♦7s extl water loan .1356 ♦6s extl dollar loan—...——1968 ... J J ,4 5 26 M 30 7 25 28)4 61M 64 % 18 • 91 - J 1 ♦Silesia (Prov of) extl 7s—1958 ♦4 Ms assented—.--.---.--.1956 J D 4M • "6M 5434 3Ms-4-4 Ms ($ bonds of 1937) external readjustment.— -1979 Af N ($ bonds of 1937)— External conversion 1979 3 M-4-4 Ms 3M-4M-4*u extl conv.—.1978 1978 1984 4-4M-4Ms extl readj3Ms extl readjustment- * 78 5334 J D F A J J 60 59M *48 59 H 60 55 u 5734 57)4 60 5634 42 50% ■ . V ;'•% % *8849 *12% '13 " ♦23 ' ♦4Mb assented... 78—.1958 1958 *4 M A *4M . 634 7 5M v Boston A Maine RR......100 Bower Roller Bearing Co._;.5 27 17% Jan 8% Jan 15% Jan 2 9034 *86 95 t, 1% 25% 67« 5,200 1,400 ms Express coll tr K oil trust 4s 4s_... of 1907 — 1948 Af 8 1947 J D 1946 F A y-ye&r deb 4Mb stamped—. J Gt Southern 1st oons A 5s. 1943 .1943 J 4s series B it cons any Perfor Wrap Pap 6s—. } with warr assented-. a ,y Ms & 8usq 1st guar registered ghany Corp— modified.— — s 9 i 3M8-. ——-— modified---.-—.--modified---.-— --- gtia y & West lstgu 4s... For footnotes see page 100 106 98 M 106 IOO34 18% *55% 7 3% 23% 6 *2034 7h 9384 10% 106 34 83 83 10534 54 50 54 57 57 1944 F A .1849 / D 1950 A O O 57 '• 100 } loo 300 400 778 9334 1019 1,100 120 S 800 *17g 37 8934 - 57 55 57 8934 8934 81M 1% •• • 89 92 90 76 M 8934 - - 26% 234 68% 4 4% . *4% 2% 11% 4% 4% 1578 ,*15% 39% *3684 *15% *3634 50% 50% **r« :■< *50% % *% . 34 a4 - 12% 1% *12% 25 1% *23 3834 197s 23% Mar 12% Jan 3% Jan Dec 10 5% conv preferred 30 Butte. Copper & Zinc.......5 Byers Co (A M) —Wo par Dec Dec Dec 8% July 34%, Jan 35% Sept Dec -May 2078 July 56% Nov 9% July 5 Jan 5 5% 18% Jan 7 23% 19% Jan 3 55% Jan 10 7% Jan 27 2 2 Jan 6 27g Jan 7% Jan Feb 93 Jan 5% 6 3% 8 10 15% 49 6 24% Feb 6% Feb 20% Feb i Dec 1%. Dec 5 15 3 ? 4% Sept Dec 18 July 25 Dec 4% Jan 14 378 8% Jan 76 Feb Jan Jan 5% DecFeb 7 . 118 June 2% Sept Si 26 20 Participating oreferred-.lOO Byron Jackson Co, No par Dec 2109 6 23 6% Jan Terminal,.,....,.. 1 dep 7% pf 100 Bush Term Bldg Butler Brcs.._. 1 7"! 3 Feb 3 6% Jan 23 Sept 078 July Aug 4% Jail Dec 23 2% Dec Jan 14 6 Dec Jan 13 76% 7% Feb 100 July II84 Jan 20 Apr 12 Jan 19% Jan 26 5078 Jai 29, Jan 10 15% Dec 51 Mar 24% Sept 54% Nov 1% Jan 95 7 90% *23 4 1212 " 138 1% 90% 90% 734 11%, Jan *17 4% 2% ! ;; *% *87« 12% 1% 4% 157g 39% 507g 8g s4 '16 .9 1234 i 10% '*10 48% 493.J 10% 101) *96 101 *96 101 42 *31 <42 *31 42 234 31% *31% 76 *69 *238 278 *2% 32% *31% 32% *31 76 *69 76 *69" 26% 98 '109% 1123a *110 112% 26% *26% 98 26% *93 27 *93 *93 *83% *49% 85% *49% 40 40 3334 *33% 145 -70% *56% 70% 673 *540 *8334 *8384 5E 39% 800 *140' *540 •337g 145: 70. *56% ■ 40 33% *140 33% 145 • 69 71% 5734 800 51% 40 ; *520 70 5734 57% 800 40 *2% ; 18 337g *140 145 68% 800 145 69% 60 *520 3312 *140 69% *57 40 33% 34 *140 6984 *57 J *83s4 *49% 397g 3378 6*1% 40 69% -61 800 * *58 27 Jan 0% prior preferred..—,100 '200 V 60 13% 13% *104 105 1278 *101 102% •16% I7 ii% *1 2% *12 2% 1% ' 12% 7634 74)4 76M 64 60 64 1% 1% 5634 5834 5534 59 52% ♦67 M 69 34 *51% *43% *1134 12% ' 44% '13% .13% 13% 13% 13% ,13% 13% 106 *104. 106 *104 *104 *10384 105 13 13: 13 14 1384 1284. 1284 102 " 102' *101% 104 *102 103% l0284 *17 • 17% •17% 11734 *17% 1784 .17% : *1 ;• *1% 1% 1% ;-*i%„ 1% 1% 2% 2% *2% *178 ■2% *178 *2% 2 2 1% 1% 178 1% 134 j 12 ■12: -12% -12% -12% 1178-12 12; 12 12 12 12 *117g 11% * 1% .1% 1% 138' 1% 1% 1% 52 52 51 52 5151% 51% 50 *40 *40 *43% 43% 43% 44% *-_,„ 131* 1,000 7,400 • 50 6% pf.100 97 Jan Jan ' par 37 Jan Pr pf ($2.50) cum div No par Chic Rock Isl & Pacific.. 100 50 Jan 29 preferred...Wo Chlckasha Cotton Oil... —.10 Chtlds Co.—.——.—Wo par 25 1178 Jan 1% Jan 21% Jan 5 43"8 Jan Chile Copper Co Chrysler Corp 800 City Ice & Fuel....—.Wo 100 100 Clark Equipment..... No par C C C & St Louis Ry Co—100 3 93 Jan 5 City Stores 238 Jan 5 31% Jan 31 400 —100 Clev El Ilium $4.50 pf.No par Clev Graph Bronze Co (The) .1 5% preferred —.100 — 7% gtd.60 Special gtd 4% stock 50 1,700 1,300 Climax Molybdenum._Wo par Cluett Peabody & Co—Wo par 2" 800 Preferred......... 100 Cooa-Ccla Co (The)—.Wo par 200 Class A— No par Colgate-Palmolive-Peet Wo 100 $4.25 preferred......Wo par Collins & Alkman Wo par 800 200 5% conv preferred par 1,300 14,000 Class B —.2,50 Columbia Gas & Elec..Wo par 900 6% preferred series A...100 5% preferred... 100 *40 50 10 100 Dec »j» Deo 138 Mar 1%« Mar 378 Mar 3% Dec 20 Jan 26 98 Jan 9 82% Jan 21 18 3 9% 37% Feb Apr 19% July 44% Jan Apr 54 Feb 38 Jan 3 %» July % Jan Jan 13 8% May 10% Feb 6 1 Dec Jan 13 20 Dec 27 Jan 72% Jan 49% Feb 41% Dec 8 Dec "2% "Jan 34% Jan 12 8 92 Dec Aug 2 Jaa24 Dec 29% Jan 3 Dec Apr 70% Oct 109% Dec 29 Jan 5 24 Oct 100 Jan 5 98 May Dec 1034 Feb 104% Aug 40% Feb 4% Sept 40% Aug 139 Apr 85 Jan 115 Aug 3384 105 8284 Jan 21 81 50 Jan 26 48% Nov 50 Jan 5 27 44% Jan 3 Jan 22 551* Jan 28 36% 141% 79% 63% 28% Feb Feb 84% 2 14% 105 Sept Oct Mar Deo 142 Dec 3978 Sept 148 Sept Jan 6 78 Dec 106 Jan 9 13% Jan 105% Jan Jan 30 6 Jan 22 60 Mar 740 125g Jan 10 10284 Jan 7 12% Jan 2 July 5n 44 67% Jan 28 July 49 Jan 26 139 Oct 11% Nov 8% Jan 39% Jan 31 30% Jan 22 50 Jan 4% 44% Jan 102% Feb Ja4 July 6% Oct Feb 2% 112 Jan 4% 1st preferred May Dec Jan 4 109% Jan 12 16 51% 520 93 Dec Dec Dec 37% 21% Jan 107% Oct 22% Sept 1284 Feb 71 Colo Fuel & Iron Corp.No par Colorado & Southern 100 4% 2d preferred ..100 Columb Br'd Sys Inc cl A.2.50 250 95% 14% 5% 2% 31% 3478 July 5% Jan 9% Sept 14"% Sept 3 Aug Jaa 24 Jan 19 1.800 Oct 139 71 99 2% 15 40 100 1% 12% 1134 ll» Apr Dec Coca-Cola Intern Corp.No par 900 Dec Dec July Apr Dec 4 10% Feb 3 96% Jan 23 Jan Dec 1% Jan Aug %e % Feb 9 25 223s 4% 17 »3s 2 9 5% preferred 3 3934 Jan 21 52 Jan 5 Jan 16 Jan 29 17% Jail 25 par ...,—5 2% Jan 26 12-% Jan 27 4% Jan 6 8 6M% preferred........100 City Investing Co— 100 00 H84 138 50% 8 300 1% . _ 838 Jan 1,800 1 9% Jan 4% Jan 23 15% Jan 21 Chicago Yellow Cab...No par 800 13% 5 Jan 30 1% Jan 29 5 Jan 26 300 145 104 50 par 6 Jan p. 2 8 2 6 3 20 97 Jan % Jan 7s2 Jan 13,400 4 Oct 1 1% Jan '7% preferred..........100 6% preferred..——.. — 100 10 Dec 77 96 384 Jan conv 2 9 4 Jan 30 36% Jan 27 40 f 3% July 115% Jan 21 Jin Gfeat" Wes't RR Co*50 75 Sept 2234 Mar Feb 96 v. 10% June Dec Jan "Dec Dec 1 33% Jan 3% Jan 2934 July 122% 4% Jan 14 16% Jan 16 7% Jan 5 6% Feb Jan 50% July De, 215% June 26 29 100 16 2% -1% 52 19 125 Mar 1% Dec 10878 Dec 31-% Jan 27 21* Jan 5 Jan 27 Feb 87-% Sept Dec 65 27 29 2 2 13% 12 12 , 13% 1 -12% •' Ol&ss A Clev & Pitts RR Co 6934 2 Jan 21 23% Jan 832 Jan 3,000 3 5 1,600 - i Wo par Cham Pap & Fib Co $3 2 2 17 Checker Cab Chicago 1% Jan _—Wo par Preferred series A......100 Chic & East 111 RR Co.No par 101% 101% *16% 17% 2% , . 104 - ,17g ■ 1 *13% 105% 14% 103 " 17% 1% ■- Chain Belt Co Mfg..........5 {Cnesapeake Corp.....Wo par Chesapeake & Ohio Ry—3—25 98 60 Jan Certaln-teed Products.___..l 424 33?8 F'eb ! Cerro de Pasco Copper.Wo par 100 51% 3978 Jan 2 110 ; 300 ■ 76"" *93 71% 23.8 5 92 4,500 13 2% *69* 2 J an _ "4", 200 9 -27g 32% Jan Jan 29 Jan "" 5% Jan 1% Jan 18 18% Tl0% 8% Jan Jan 85 . 2,100 6,400 1178 487g 10% Jan 20 7% Jan 10 „__100 """266 4 25 90' 70 5 21% Jan 93 Jan 12 120% Jari 22 94% Jan 14 Jan 29 Jan • 6% *3 U8 98 *49% 40 Central Aguirre Assoc.No par 19% Jan 22 90 118% Jan Central 900 *32 *8434 51% *49% Dec % % 716?l8 10 ^ 76 98 36 27Q 2% 110% 11034 *110% 112% *110% 112% 27 27 27% -27 *26% 2678 *93 Jan :>• 100 *96 *31 42 """200 48% - *69 38% Jan 28 % 2 27g >32% 76 Mar Chicago Pneumat Tool.Wo *2234 4912 10% 32% . 112 5% preferred Chicago Mail Order Co *12% 2% 25 42 Feb 600 9 100 *2% 120 800 . 13 *32 Jan 16 *5jj % *96 I 27g 117 *3634 *50% 9 *10 Feb 4% a4 487g 43 16% 39% 50% *4% 3) *2284 Jan Feb 2,000 30% -16 39% 50% 112 23 3% 69 Jan 27% 35%_ 36% 98% 1% 1% 4% 4% 2% " 2% 4% *12% Deb Jan 16 3 *96 16% •"•.•, Jan 3:2% 64 . Preferred.. . 2% '18 I) Co Preferred-. 18 95 6% *334 4% 9 30% 15% Jan 7 2% Jan 26 3% 1178 ■11%. 84 Anr ..100 Case (J Common. *510 1% 23 24 4% 22 Central Vloleta Sugar Co.—.Century Ribbon Mills.No par 100 2,600 *17 334 212 11% 4% 157g *36% *50% 27-% Jan 278 Jan 5 Corp..:. 97 27g 30 98% 1% 92% May FoundryOo___l.___l 4M% pref.. 100 tCent RR of New Jersey.. 100 17% 3 % July 41 Dec Central 111 Lt 50 *234 7% 1% II84 700 18 *6% 334 1%" 1,900 17g 100 *2% 27% 1734 *98l4 101 37g 40 22% I84 *-86-- *17 : 210 2% Jan 14 Dec par 1,100 Apr 79 7% prior preferred.....100 7% 2d preferred 100 Cebtex Ccrp...No par 5% preferred.. 100 90% Aug 3i)78 32 5% series prior pref.... 100 77g -71 Jan 51.4 32% Dec 1% D3 Jan Celaoese Ccrp of Amer.No , Jun Dec 3 Feb 340 3834 Jan 17% Sept ...100 Carriers & General *2% 17% 30% *2%- - 2% 28%- 29- 40 7% 1478 89 690 21% 95 26% Dec Dec 37 1,900 100 - Jan 13 484 9% Nov 1078 June 478 Jan 14 37; Feb 3 Dec Jan 23 I97g « 3% 30 Jan 13 "si 85% Jan 16 25% Jan 23 2% Jan 28 Ry .100 Carpenter Steel Go "IS Jan 27 Jau 5 34 $3 Dreferred A.______...10 Carolina Clinch & Ohio 100 69 Jan .14 Jan 14' 3% Jan 33% Jan 14 178 Jan 21 No p'ar 300 778 17% *2% 40 1% 7% 13% 12% 30 par 90 27g 17% 578 Jan ll's Jan 107s Jan 29 Caterpillar Tractor._n._Wo *70 *2% Cannon Mills % Jan 1,700 77g 71 *22 22% *178 2 *99% 100 16% Jan 5078 J29 No par 90% 90% 119W119 20 119 *70 California Packing Canital Admin class A-.__.-l 120 3834 1934 *30 17% ioo 120 38% 90% 1.19 2% *%6 % J2 *12% 3 300 . . 26'a 234 *86 18 1% 4% 2% 11% 10 63 66 Dec Dec 24% Jan 21 17% Jan 8 Cauada Southern Ry Co..100 Canadian Pacific Ry ..25 400 - - 27% .3614.,. 10 7434 66 11% 7% 3a 20% Jan 30 par 5,800 2,800 127g 11% *26 " 1% 2% 11% 37 *2% 68% 95 37g 9 " *2% 1% 89 G) Mfg.,..:.No par 7% preferred 100 1,400 900 88 ~ 98% 1% 4% n: n% 88 3 *94 8934 8534 *..—. 89 M Budd (E 5% preferred... __50 Callahan Zinc-Lead., 1 Calumet & Hecla Cons Cop..5 Campbell W & G Fdy.-Wo par Canada Dry Ginger Ale.....5 100 88% •': 77 *90 1?:? 1,400 J, 6% """"50 *17 3534 634 13 11% - 19 53 .!« Ol.. 7 37g 36 10 127g 56 Jan 16 878 Jan 9 112% Jan 27 2% Jan 2 18; Jan 2 5% Jan 19 3% *88 27% 17: 100 48% * * 37 14 Jan Bush 2078 ■ Jan 13 54 1,290 Jan Dec Conv pref $2.75ser..Wo par Burroughs Add.Mach..No par 3,700 Jan 41 Anr 30 Burlington Mills Corp..:.,.1 2,600 6,600 Jan Jan 16 100 v 6 Jan Dec 35 1% Jan par Budd Wheel. ________ .No par Bullard Co No par Bulova Watch........Wo *17g *36% *31 106 M * 39% 17% 12% 25% 734 Jan 31% Jan Transit ..No par Brooklyn Union Gas.No 709 25% 18% 56% 7% 3% 24% 6% 100 ♦ .1946 A O 627. 106 100 M D .1948 A O ,1946 A O 1998 A ----- 100 6834 5634 D 1948 A O .1950 A O 5s Income ♦100M 100 Sept 3% July Feb Dec 16% Dec 634 Dec 6 % Jan 13 1% Jan 5 9% Jan 14 i; 409 21 25% 310 2% 89 1734 2% *140 54 21 Apr 78 Jan 29 9% Jan 17% Jan 2 105'% Jan 234 Jan 60% Feb 4,709 21 B'Uyri-Maoh 7% preferred.w—.w-.—lOO 40 3% 66 4% 37% 2% 37 42 3334 6534 16 28 >18 8 Jan 37 28% 10' *83l2 *49% 39% 5634 217g Sept 2234 Jan 21 Jan Bucyrus-Erie Cj_._____.___5 4% *33% 30% 47% *90 56 34 18% Der Mar 45%. Oct 2% Aug 6% Jan 14% Sept 600 ■ < 23% July 2% Jan 27 30% Jan 5 Jan 26 1,000 /• 8% 111 *2.8 *0% 378 3534 31% COMPANIES 56 19% Jan 2 1% Jan, 6 Brown Shoe Co... No par Bruns-B Uke-Collender.No par 100 13 •• 278 ' 709 4l2 3714 2% *27% 4734 *26 *5534 Dec 1,590 35 37 101 - RAILROAD and INDUSTRIAL D Jan 17 2,400 4% *36% 30 47% *110% 112% D 15% Jan 30 "m *28 2% 3734 " *86., 17 •*163it 2% ; 2% 11% 11% 4% 1 4% *15% 1578 *30% 39% *50% 50% *8u % 84 - V % % *884 : 47% *69 J ♦5s series A unstamped.—. 1953 1953 J ♦Stamped Jan 54 14% Dec 23% Dec 17 62'4 • 434 iltlbl Power & Paper— 111% Apr 38 T.ioo 4% 37%. *163.4 2% F Borg-Warner Corp... 8% 8 6% *93 ♦Warsaw (City) external Jan Dec 33 6 11% *127g 31% *31 A 35 3 *3 ^ -j 47 *9% F Oct 89 Feb %.V *2% :.:278 *2%;... 3 17% 17% r 17% 17% *2% 3% ; *2% 3% 4 ' / 1% 45 ' 98 j 4% "39% 60 52 59?4 *46 ...— * 55 2434 Sept 25% 2 40% Jan 5 17% Jan 7 20% Jan 13 >19% Jan' 2 . Apr 5 95 37% Feb 1 2 5 00 12% 2 1,700 200 Dec Dec 6 Jan •»„ 1734 *1% 4% 16 *16 • Af N par Jan 10 70 5,200 409 Jan <2 F'co 183.1 '•• 7% . *94 1% 84 58 % " 18 101 , -35% 4% 2% 76 \ 58 90 30% 2% *6% 11% *72 58 % A.l.W? '. 29 *597g 120% 120% *119 , 120 *90% 91 90'4 90% 734 784 ! 734 734 *70 *69% 71 71 22 22% 22% 22% 1% : 178 *17gf.. 2" 9934 9934 *99% 100 28 36 *50% - 74 90 12 May 3434 July 89% Jan 131% Jan 317g Aug 2378 Sept 10% Jan 18% Jan 17 "Oct 21% Jan 3I84 Jan , 43 19% 38% ,3834 197S 20% 90% 90% 1934 *2% *3»4 98% •*37 *72; 74 Bon Ami Co class Jan 6 13 6678 68%' 68% '117% 120 *117% 120 39 ' 1934 28 *1634 *15% 74 39 , 28% 4 *4% t- ♦Uruguay (Republic) extl 8s_.1946 F A ♦Externals f 6s I960 MN ♦Externals f 6s——------1964 M N 2 17% "Jan 22 28% Jap 31 2 5078 l *2% 6534 30% 2% >7h 4% 2% 58 a c: U 12 Boelog Airolane Co.5 Bohn Aluminum & BraNS..;5 Ja.n 19% 6% *178 117% 117% ' 1734 *94-. "4M 56 M Dec 38% Feb 507g 13% *26 28 *98 1% ♦434 A 13 26 1 *88 30 *17% 11% .l95o t 6Ma 89 27% 278 *234 6534 3 J 5434 ----- Sydney (City) s f 3 6,500 100 - 11% 37 *37 *88 95 *6% 634 4% 37 2% 373.1 17% 3% 18% «• 3534 7 37 *26 2 *1634 9M D 3 Bristol-Myers Co........... 5 Brooklyn & Queens Tr.No par 54 *1278 11% *28% 4% *30% 11% *36% 99% 98 98 4 *7s series B sec extl- 14% Jan Dec Briggs & Stratton...:.Wo par 19% 6% 13 : *178 22% *86 28 i *1734 29M 2034 2934 54341 6434 (Kingdom) —..——1962 bi jn —1962 MJ\ ♦8s secured extl *27% 2634 62 —,...1940 A § ♦Secured s f 7s Serbs Croats & Slovenes - 0% •m 778 *2% 17% *-2% % 15M 28 Dec 109 9334 - 1078 5 7% 14% Jan 600 .'i'i- 19 13 71 38 M 2834 778 *93 11% ■yl'V-f *2% 16M 11 32 1134 ' •8 9384 *5078 *11% *28% 91 30 3 28 ~~2H 8 Dec 2 Dec 1,600 111- 3% *»i# 120 2 95 17 28 M _ 66 M 17 37 P.irhi*' J M S 64 16M 15J4 j 3'% 11% 70 300 I8I9 - *32 2078 3 19 6% 1934 90% 99% 2»4 15 M 15 •---•kr- jM.n 3 . *20% *3% *93 15% : 6% :> 21 Jan 14 Class B__ •. No par Bond Stores Inc.Borden Co (The)....15 684 ♦20% H% 39 .22% 1734 3% *86 66 6 115 19% Jan 28 6 33% , 6% 7 221* Jan 20 5 20 29 7 21 53 6678 *7.% 99 37% *2% '.V 65 2278 19% Dec 51% Dec *1% 1% 9% ;i 9% 938 21-21% 2514 25i4 *18% 1834 *55% 551 738 -" . 7% 13% 3'% 2319 24% ' 118 70 72 99 . t^5Santa Fe extl s f 4s 2178 19 3 120 2234 .2284 *134 2 1034 7% 3 9384 11*8 ' *70% .', ' *93 V 88% 26% *90% % I 15 65 13M 10M 66 13M \Ih — 17 - 9 Jan *ht 35 13% 684 Jan 17% Jan 121 33% 1% ; - 3 Brewing Corp. of America..15 Brid;eport Brass Co...No par Briggs Manufacturlng.W? par 1512 *1% 9% 24% Jau 19 66'8 Jan 2 2 Jan 22% 2% 28% : *16% • 38 #716 Jan 62% Jan 21 Aug 29 17 38 , 57 " Bioorahidale Brothers.Wo par Blumanthal & Co pref..._10u 6,200 8%; 8% *28 V 29 - 4% 3634 2% 3734 3834 1934 90% 12038 1234 ■ 12M 13M .——1966 UN 14 M 1334 '1134 38% 1978 nils 14 ♦Rio de Janeiro (City of) 89—1946 A ♦Extl sec 6 Ms— 12 M —..1953 FA V"' i, Rio Grande do Sul (State of)—1 15 *8s extl loan of 1921;—..—1946 AO 1834 56% 7% 37 *117 38% W'.O/.v-vfv - 21 *55% 78 6% *66 "118 66^- 75 % R *18 878 *13 *18% 13% 11% *66 63 '18% 2078 Jan 50 20% *25 878 *16% *32% 25% *5078 *11% *28% 4% 36% *178 *36% 88% 26% *2% *2% ; *65)4 2% 28% *18 6 84 *25 :v") V 11% 37 . 1947 22% 2% 22% - 13 *6% 203.4 21 . 53 *25i2 Queensland (State) extl 0s *25 1% 9% 327g 13 25 19% *5078 % 6% *88% - 1% ,9% 3278 ' 7% 7S8 2% 3 *21% -22' 534 6 20% 20% 3% 3% v 7% 7% 734 13% 13% *11% *27% •2 834 1% 22t2 *2%- • 16»2 18»4 558s 93% 11% ■i'V; 19 . 18% *5078 •v 934 10 s ^0% 10% Deo Jan 23 "/H,;■•••-, ? mm 23 :l% 734 «» 634 ,55% 3% 11% 39 8MI 834 30 i ' 5r% 303.i 93% 9334 11% O ♦4 Mis assented ... 1968 .4 O ♦External sink fund g 8s...-1950 ./ J ♦4 Ms assented 1963 J ♦Porto Alegre (City of) 89—1961 J ♦Extl loan 7 Ms iy66 J 12 M 8M 1958 A O assented 3% 101M 101M 834 12M 9 0 |♦Poland (Hep, of) gold 6s...-1940 A 104 11% ♦Peru (Rep of) external 7s;...1959 M S ♦Nat Loan extls f 6s lstser._1960 J D ♦ :5% *28% 3% 7% *1U4 1534 ••20% > 63 58 61M *100 6434 61J4 15% 20% '25 21% 5l2 20% *712 66 15% 20% Janl3 51 '21 par 1,100 38% 15% *18% I834 ♦55%' 56% 7%'• 7% ;278 278 3 *93 M N J D *6% *20% 18% 612 M N *37% *25 ' 6%;.6% 20% *3% ♦Panama (ltep) extl s faster A .1903 ♦Stamped assented 5s....1963 Stainp mod 3Ms ext to..—1994 Extsecref 3Msser B——-.1967 33% 8% ;: 8% '8% 8% 8% 8% *8% 834 111% 111% *111V 111% *111 111% *111 '-HIV 234 234 :•< 234 2?8 I 278 278 V278 278 *61 62 60% 61 61 61 62 62 18% *21 *3712 20% 9% ' 25 3 37% 15% 14 2 Feb Jan BUelow-Sanf Carn Tnc.W? share ret 2 118 100 Blaw-Knox Co...— ._Wo par Blhs & Laurhltn Inc.......L5 9884 *15% -34% 20% *55% *7M *28% *94 287s Highest $ per share.% 11% Jan BlaCk & Dacker Mfg Co No par 70 9834 J3»i ; • 17I2 7% preferred...!... Year (1941) Lowest 50 No par Bethlehem Steel (Del)..Wo par 100 14% 1234 287g- 37% :1338 • *60 *11 1,200 678 *94 - 1% 70 18%' 18% £87H 98»4 22% 22% 2% ' 2% 28% *17% 19 8'4 884 10V..16% 16% 17 *27 29 *27% 29 *36% 38 .13784 3734 9% ♦32% 25 S *60 ,500 18 2878 *94 22% •••':■: *11 14% 1234 1878 *28% r2i4r2'4 % *334 *14 -,v; *13 2014 0 814Ms..—......-1955 - 6% 18i2 C 1% 6% ■ Oslo (City) . 70 9% 35 13 5434 87 34 • *60 13 *32% 8U ' 8i2 *11H2 11212 : *234 278 6U2 61 I2 88 50 3 53 52M 60. 60 56 51M 5034 2 v *53 M O C5 86 85 84 M S 12 . 53 84 M A F ———— 1963 Municipal Bank extl s f 5s._1970 J 63 • 62M 62M A .4 Externals 1 4J^s— 68 O 16.n *9 t 13% : i *1%:: 9l« 34% *32. New South Wales (State)— •• *10 300 7,000 21% 1934 *19 6% Beneficial Indus Loan._IV? par Pr pd $2.50 div ser'38 No par Best & Co....... 600 ; $ per share Range for Previous Highest $ per share Par 200 13% 51 21% 1919 *14 *25%'- 29% *17% 19 884 >, 834 *37 'V<38 f! i h 21% '684 123.J 22, ;• ' 21% 14i2 1234 18 13% *48 SLowest Shares 23% 23% *2284 23% 64% -64% 03% 64-% 120 1301p 120% *120 678 Range Since Jan, 1 On Basis of IWhShare Lots Week ver share 13% 191% •*19 678 $ 51 70 •V '2 Externals t 5s........-.---1957 P 95 •37% -37% 1534 ,*15% 15% 20 20M "20% 20% *19 *17% 17% *2814 ;29 94% 94% *35% '33% 15% -15% 20% 20% ,37(21 *1518 *\7W' - : 17% ,t17% ' " 78.^.;. ...1952 ♦0s series A....,— *9312- 534 5(4 *13 EXCHANGE Feb. 6 S ver share 50 *14 ♦60 74 534 6M 534 *5 M 6Mis........ ,..1959 M -S ♦Montevideo (City) !:. j* Ks. 16 s f 5M 70 - 29 r -'29 "•"5M "_6M BH *00 70! 28% i 0% ,J4% *10 17'4 285s ;,5M m • i234 11 5 *534 J ~ Minns Geraes (State)-1- f; 74; ISM! 50 .119 6% *14 .v 8 ' 19 1478 1 72 im J -.1945 of 1899.-,;. Q ♦Assenting 4s ol 1904.;.;; ..1964 ♦Assenting 4s of 1910—.. ..1945 s *10 371? -.1943 ♦Mexico (US) extl 5s ol 1899 £.1945 Q ♦Sec extl ♦Sec extl 1234 ' 7 . •*14. *60 Mexican Irrigation— ! *4 %b stamped assented.;» ♦Assenting 5s 14 h *!()'« D 13% *50 *1334 ♦Medellln (Colombia) 6Mis.. ...1954 J Mendoza (Prov) 4sreadj— ...1954 J share! 51 13% % per 13% 13% NEW YORK STOCK the Friday Feb. 5 2278 *19 A I *22% 23% *22% 23% *22% 231,4 63 63>4 63% 6334 03% 04.. 64% 64% 120 -120 *11978 121 *119% 120% *1201.1 120% *2134 223« -'21V 2134 20% 20% 20% 20% ' ♦Jugoslavia (State Mtge Bk) 7s 1957 Feb. 4 $ rer share 13% 51 2234 f 5s—_ .i960 MJV s % per share 13 *50 IrlBtf Free State extl Wednesday \-Thursday Feb. 3 STOCKS for Tuesday Feb. 2 High $ t'W-y Sales ; 1 Jan. 31 Foreign Govt. & Munic. (Cunt.) 619 0 July 740 1078 Dec 100% Feb 106 Jan 6334 Nov July 16% Sept Nov Feb 5 11 Dec Jan 2 105% 12% Dec 114 Mar Dec 20 Jan 18% Jan 25 30% Jan 84 Jan 1% Jan 1% Jan 30 2% Jan 31 1 2 Feb 2 Jan 11 Dec 2134 Jan 6 11 Dec 21 Jan 3 1 Jan % 1 Dec 178 Dec 3% Aug 2% Sept % Dec Jan 117g Feb 11% Feb 1% Jan 13% 13% Jan 1% Jan 6 Dec 478 49 54 Jan 6 43% Dec 82% Jan 45% Jan 7 42% Nov 72 Apr Jan 43% Feb Jan For footnotes see page 626. Commercial and Financial Chronicle (Reg U. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and W. Jones, Managing Editor, William Dana Seibert, Publisher; " President; William D. Riggs, Business Manager. Published three times a week [every Thursday (general news and advertising issue) with statistical issues on Tuesday and Saturday]. Other offices: Chicago—In charge of Fred H. Gray, Western & Smith, 1 Drapers Gardens, London, E.C. Copyright 1942 by William B. Dana Company; Reentered as second-class Representative, Field Building (Telephone State 0613). London—Edwards matter September 12, the Act of March 3, 1879. Subscriptions in United States and 1941, at the post office at New York, N. Y., under Possessions, $26.00 per year; in Dominion of Canada, $27.50 per year. South and Central America, Spain, Mexico and $29.50 per year; Great Britain, Continental Europe (except-Spain), Asia, Australia-and Cuba, Africa, $31.00 per year.-NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscribtions and advertisements must be made in New York funds. Frederick THE COMMERCIAL & FINANCIAL CHRONICLE 620 Tuesday, February 10, 1942 NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday Jan the 7212 *71 Thursday Feb. 4- Feb. 5 Feb. 6 S per share 8 per share i $ 6»4 26% 17 17 2II4 2% 21% .21% 284 234 157g 21U *2% '234 10'8 1534 .*15*4 16 1778 .18 < 177s 10's *10% 1034 87 87 1534' 17ig r *9512 89% 89% *jh a4 1,000 6*8 1384 8% 8% *158-238 5% 6 7% 7% '-.>412 5 24 24 I334 200 8,900 100 2,800 7,700 1,600 *i« *i2 *8% ♦16s 878 238 6% 6 / *8% *1% « f, 5 5 *94 9584 94 94 12% 12% 1284 9534 *95 1234 127s a;12% 3 3 3 3 102% 102% *102 103 *102 103 *95 26 23% 25*4 8 8 8 38% 3% 3834 3% 223s 18% 11% *8 8 393g 3884 38% 3% 22% 3% 22tg 3% 3% 22 *18 1914 *18 *1h4 *50 >8 1138 51 % *1U4 *50% 3212 3212 53 53% 32% *32% 32% 5384 5384 53% 174 *169 172 172 3% 3% *3% *3% 58 ®8 *% *% 13% 137s 13% 13% 94 94 93% 94 14t2 14% 14% 14% i 3% 1334 1334 % 94 *93 1412 14% *634 *18'4 *39% 7 18% 40 *11% 11% 8684 32% 78% 13 8% *85% 32% 77% *1134 8% 11% *50% 18% 1878 19 393s 3934 40% 11% 77% 3938 11% 85% 3234 77% 12 12 11% 85 32»4 83s 8% 11% *83 12 8% 3% 23% 19 *18 Corn Exch Bank Trust 53 .*% 2,900 173 120 3% % 14 5g 1334 14 93 94 94 14% 1434 1434 1434 7 7 19% *39% 11% *85% 32% 78% 11% 8% 19% 4O84 11% 8684 32% 79 12% 8% ' 7l2 19% 19% *39% 11% *8534 *32% 78% 4084 12 , 8% 8*4 117g 86=84 33% 78% 12% 88 210 800 ,? 400 500 400 2,500 90 900 1,800 160 6,500 10 Feb 14 Feb 6 94.. 7% Jan 2 1% Jan 3 5% Jan 6% Jan 4% Jan 2 2 :• 22 [2% Jan 30 6% Jan.29 1% Crane Co. Corp1 --25 — 96% 13% 3% 103% 38% Feb 3 2 2 ; 42 49 Jan 6 30 Jan 7 f 52% Jan 28 164 Jan Jan %s Jan Jan $2.25 conv pref w w_ .No par Crown Zellerbach Corp.——5 39 preferred.. . -No par Amer.No par 5% conv preferred —100 CubaRR6% preferred 100 Cuban-American Sugar—.100 Preferred.. -100 $5 conv Crucible Steel of 10% Jan 7% Jan 120 3 7 12 100 Cudahy Packing Co 100 Cuneo Press Inc 14 *12 12% *14 12% 14% *12 15 *14 14% *90 95 *91 93% *91 Feb 5 15 Dec Jan 8 38% Jan Jan Jan Jan Dec Dec 80 1738 1734 *i6% 18 81 8 r, 8% 25 25% 25 93% 93% % 95% *16% % 17% 9t« % *17 1784 *17% 18 778 *17 8 i1 17% 8 25% 25% 25% 9 2,800 17% 16% 17 260 17 600 8% 25% 167g 7% I67g 8 8% 10,100 % 25 •it 'it 25 80 17% 80 *80 83% *80 83% *80 83% *44 49 *44 49 *44 49 *44 17 17 17 *1638 17 *16% 17 25% *80 49 17 49 30 93% 17%' 17% »ie 1784 17% 8% 25% *44 8334 ' *1,500 1 83% -v 16% 10 49 16% ""eoo Jan Dec Dec 47% 98% Jan Jan 73% Dec l%May 3% Feb Jan 26 5 72 13sj Jan 41% 8 33a 3% *15% 3% 16 *15% 16 11 11 IOS4 11 IO884 10834 *10834 109 7% 7% *73g ?®4 22 22 22 22% 283g *1034 958 28% *28% 2812 113g 984 4% 11% 984 27 *10% 9% 4% *% 18% 19% 26% 38 37% 19% 26% 37% 9 *884 17% *73% *8% 17% 76% 8S< 4% *% % 18 18% 19 19 *26% 38 *8% *17% ,*73% 76% *8% 8% 17% *34 174 31 : 12% % 1% 28% 30 26 27 32 32 24% 24% *48 *108 48% 10834 *34 6434 *20% 12% 64% 26 *27g 6334 64 115% 115% 115 15»4 15 3% 9% *3% 9% *112% 127 12434 1233a 3 26% 26% 27g 133% 134 3 284 *64 2% 234 70 2% 234 *64 68 *68 *70 73 7284 72«4 *71 73 78 78 76 78 *75 78 *% 684 5% 'it % 684 5% 4I84 6% 5% 41% » 78 •. 1 6% 5 6% 5% 5% 40% 4184 * 78 "*2% 2% "~2% 47g *4% 4% 4% 23 % *%• 23% % % % *%t 2% 4% *22% 23 6% 5% 40% 41% 78 2% *4% 23 72% *75 *>g »% 6% *2 23 64% 113% 15% *3% 3% *8% 9% *112% ... 114 125% 124 *8% 8% 34% 34% 34% 20% 20% 21% 12% 12*4 12% 63% 64% 64% 111% 112% 114 15% *14*4 15% *3% 3% 3% *884 9% 9% 119% *112% — 126% 124% 125% 124% 123% 123% 114 *113% 114 26% *2% 26% 3% 26% .114 *25% 26% *27g 3% 133% 134% 3% 134% 134% . 70 * 1284 133% 133% *64 41 *20% 15 126% 127% *123% 124% *113 114 257g 2% 26 *8% *112% 12734 114 *3% 21% 12% 64% 115% 8% 34% 75% 133% *170 175 *170 175 1747g *170 175 174% *170 30% 3012 *30 30% 31% 31% *30% 31t2 31% 3184 14% 14% 147g 15 14% 14% 147g 147g *1484 J 5 *22% 23 22% 23 22% 22% 22% 23 23 23 12% 128g 12% 12% 12% 12% 12% *12% 12% 12% *Sg 7( 84 % *% 7! 7g *'%• *»M % *1 1% 1% 1% 1% 1% 1% 1% 1% 1% 31 30% 31% 31% 31% 31% 30 30% *30% 31 28% 28% 27% 27% 2784 28 27% 27% 27% 27% 32 32 32% 32% 317g 317g *31% 32 *31% 32 26 26 26% 26% 25*4 2584 *24 25% *24% 28 48% 48% *48% 49 48% 48% *48% 49 *48% 49 108 108 *108 *107 2 108% 10834 108% 108% *108 10834 2% 2% 37 37 *14% *73 2 *170 15 23 1 9 17% 21% 127g 133 133 174 31 *»u 9 17% 76% 76% 884 n "2% 4% *23 *66 72% *76% *% 6% 5% 72% 78 'it 42 78 , 2% 2% 68 2'g 4% 41% * 2% 68 72% 78 "eioe ,9,300 ,, Dec 98 77 Jan 19 44 Jan 17 45 6 16% Jan Dec .25 99 45 16 34*4 80 . Dee 29% Jan 90 , Dec Aug 47*4 Mar 42% Feb 14% Deo 20 July 2% *66 *72 2% 400 20 Reynolds a..No par Diamond Match—...No par 6% partic preferred——25 2 14 Jan 5 500 100 Ltd.No par 5% pref with warrants.. 100 Distil Corp-Seagr's Dixie-Vortex Co—.-No par No par Class a 30 500 Doehler Die Casting Co No par 1,400 1,700 2,300 Ltd....--No par Douglas Aircraft— No par 500 Co -No par Dunhlll International. -1 Duolan Corp No par 8% preferred ...100 Du p de Nem (e i) a Co—20 200 100 " 7".506 700 120 1,400 700 1,300 Dome Mines Dow Chemical Co.—No par Dresser Mfg $4.50 preferred..... -No par Duquesne Light 5% 1st pf-100 Eastern Airlines Inc.... Eastern Rolling 6% cum preferred .100 900 Eaton Manufacturing Co.—4 500 Edison Bros Stores Inc..,—2 2,300 1,400 Electric Auto-Lite (The)....5 200 1,200 2,200 ....3 Electric Boat Elec a Mus Ind Am shares— Electric Power a Light.No par 400 $7 preferred....—No par $6 preferred. —No par Elec Storage Battery...No par el Paso Natural Gas.... 3 200 Endioott Johnson Corp 1,300 700 20 2,200 ""360 6% 6% 5 4,200 30,400 6,800 *— ' 78 : 50 5% preferred,-.——100 Engineers Public Service—1 $5 preferred...——No par $544 preferred No par $6 preferred.., No par Equitable Office Bldg-.no par tErie rr common w l.No par Ctfs of benef int w 1..No par 5% pref series a w i 100 Erie a Pitts rr Co.. 50 Eureka Vacuum Cleaner 5 Evans Products Co.......—5 *2 2% "i(200 4% 23% 5g 53g 1,600 23% 400 Ex-Cell-0 Corp 900 Exchange Buffet 5, 1 Mills.......5 Eastman Kodak (n j)-No par 20 53g % Diamond t Motor Car Co 200 67g 41% %* Jan 23 167g Jan 150 53g 41% Pf-100 JDenv a r g West 6% 3% 2 Jan ... -3 Corp..$2.50 Jan 2 36% Jan 6 24 8% Jan 21 16% Jan 10 Jan 5 8% Jan 21 3234 Jan 2 19 Jan 2 10% Jan 3 63% Jan 21 111% Feb 6 14% Jan 6 3% Jan 2 8 Jan 8 70 Jan Jan Jan 16 44% Jan 5 Jan 6 11% Oct Jan 10% Jan 28 6 Jan 14 18% Feb 28% Sept Jan 12 27 30% Aug 18% Jan 47g Jan 27 ". % Jan 27 18% Jan 7 20% Jan 28 1 - Jan 12 21 Jan 29 13% Jan 21 7012 Jan 6 124% Jan 3 15% Jan 3 3% Jan 14 9% Feb 3 Dec 2% Feb "li Sept 16% Dec 12% Dec Conv gold Atl Knox & Nor lstg 5s..—1946 j d j Atl & Chart a l lst4J4s a.,—1944 j 1st 30-year 5s series b .1944 ada tic Coast 1st cons 4s July 1952 ms General unified 4)48 a...... 1964 j d 5s..—May 1 1945 10-year coll tr '! 23% Apr 20% Sept 297g Jan Dec 41" Jan 6% Apr 12% May 10% 18% Jan 65 Dec 86 Jan 7 < May 32% Dec Jan 11% Nov 37% Oct 17 May 23% Jan 17% July x9% Dec 79 Jan 59% Dec' plll% Sept 141*4 Jan 23% June 12% Dec 6% Jan 2% Deo 6 Dec Aug 10*4 July Jan Jan Dec 5 111% July 118 May 27% Jan 3 3% Jan 13 Jan 7 Jan 13 176 34 Jan 17g Dec 120% May 114% Jan 141 317g Jan 6 Jan 21 23*4 Jan 27 13% Jan 5 % Jan 7 1% Jan 8 35% Jan 23 Jan 23 Jan 27 Feb 5 Feb 4 Jan 15 3% Jan 6 66 Jan30 72 Jan 3 73 Jan 76 Feb 2 »u Feb 2 2 2 2 82% Jan 23 % Jan 5 7% Jan 20 May 24 1% Jan 4% Jan 2 6 Jan 30 "11 Jan 23 107 % 108X 187 103)4 105)4 103X 105)4 106 106% 107)4 *35 66 33% 28 : 33% 27% 2784 8 93 23 10 " 33% 27% *7% 7% 7% *91% *22% 95 23% *91% 10 *10 10 23 33% 27% 8 95 '34 27% *7% *91% 23 *23 10% *10 34% 28% 8 95 23% 10% 34% 28 8 92% 22% *10 34% 28% 8 1,200 Fairbanks Morse a Co.No par 3,700 Fajardo 8u? Co of Pr Rico—20 Federal Light a Traction...15 500 92% 150 23% •900 10% 300 $6 preferred No par Federal Min a Smelt Co Federal-Mogul Corp 2 .5 4s /; 109 108 H 109 1% to due——..1995 Ref a gen ser c (int at 11-5% v to Dec 1 1946) due——.1995 Deo 1 1946) , ,( ( ;s , 626. 126 23 1 104 '.105 107x 109% 88% 89 > 87% 89% 101% 101% 102 X "ii 101% 102% l"04X 97% 97% 103% 105 111 111% ; *104)4, ill ,;•<■; lit 110)4 111; 110 103 *101)4 103 82)4 65)4 97 X 72)4 103 111 100% 100 % 103 1 101 103% 83% 82)4 83% 58 80% 65 X 65X 72 66% ; 97 X 103 72 X 97 X 73 64% 94% 35X 36 31)4 31X 68% 30% 25% 73 40 32 98 98 35 >4 31)4 j m s i05m a o om a ? j o 105 69 33 9 11 105% 21 98% ' 97% 100 104% 105% 61 X 111 57 62% 05 a o 64)4 63 X 64 x 108 59% 65% j d 38 X 37 X 39% 226 32% 39% j d 43 42 43 x 86 35% 43% 38 X 37 X 38 X 275 32 38% 38 X 37% 38 X 123 31% 39X 37% 40% 737 32% Bangor a Aroostook 1st 5s... .1943 j Con ref 4s ——1951 j • n .—1951 Battle Cr a Stur 1st gu 3s—1989 Beech Creek ext 1st g 3j-48— .1951 Bell Telep of Pa 5s series b. .. 1948 1st a ref 5s series c__ .1960 Belvidere Del cons 3)4s. .1943 Beneficial Indus Loan 2 %s—1950 2 h s debentures1956 53x 52% 53% 118 49 54% 45% 50% 47 102 40% 48^ 51% 98 j 4s stamped—— j 57 X j v 50% 44 98% 57% 57% 56 55% 49 96 48 98% 57% 58 d *42 a o *80 j j 108 81% 108% a 0 128% 128% 107% 108% 127% 129% 99% 99)4 "99"" "99% 97% 97% 97 97.x 105% 105% 104 104 104% 101% 103% 105% 105% 101% 102 102% 104% 102% 102% 102% j . 38% 40% 46 X j j d 128 X j j a debs——1952 Consol mtge 3%s ser f..—.1959 Consol mtge 3s ser g i960 f a Consol mtge 3)4b ser h 1965 fa ■;<< 48 "72% "si*" *102*3! "99X 0 Beth Steel 3)4s conv ; 105X 104 101x 101% 103)4 103% Big Sandy 1st mtge 4s ...1944 j d Blaw Knox 1st mtge 3 ms——1950 f a 5% 104 5 6 Jan 20 44 Jan 27 2% Jan 5% Feb 2584 Jan % Feb 7 6 7 6 1981 f Stamped modified (interest at 3% to 1946) due.——1957 mn Bush Term Bldgs 5s gu... Jan Dec Feb Feb Dec 39% Nov 36% Nov 34% Aug Deo 33 39% Feb 107%. Nov 113 July .47% Sept Oct %i Nov 4% Dec 2»4 Dec 30% Dec Feb 7 Jan 80% 83% 89% % Apr July July Jan Dec % *11 32 Deo 93 ~ Jan 31 3 24% Jan 16 19% Dec 5 10 Feb 2 884 Deo 45% Jan 24% Mar 13 Mar 100 Jan 26*4 July 14% Jan 1 4s..1940 4s--..1981 105 4s 5% 60 75% 70 76 106 *105% 104% 104% 86% 49 6x 84 80% 107 x 84% 104% 106% 104% 106% 107% 109% 109 108% 106% 108 109 106% 107% 105% 106% 104% 105% 106% 105% 108% 110% 63 68% 89% 94% 94% 104% 87% 82% 103 104% 81% 88% 47 49 88 77 49 106x 101 a 106% 106% 107 101 101% 100 50X pa 14X "4x 4X 30 X 45% 14% 4% 4% / d *14 *12% j 111% 68 X 101% 42% 50% 50 X 99% 95% *28% / 67% 16% 15% 15% 98% 100% 96 46 93% 24% 20 45% 10% 14% 4% 131 16 3 4% 15% 14X 53 3 112 68 x 96% 29% 46 14% 4% 4% 15% 7 11 15% 11 14 liix 112% 15X 1987' 0 62% 70% 17% uk. 1,h 15% 15X 14% 12 % 15% *13% j —1987: 627. 41% 6% 0% 80% 82 X 99X Central ny Power 3Xs—1962,a 36 X 53 66 15)4 registered 108 85% 88 102 105 80 5% 110 87 X j 105 60 93% j o 104% 106 83% 65% d a o 88% 58% 109% ,—...1987 ♦General 4s 216 6x 106 X mn 87 113% 113% 106 j {♦Cent New Engl 1st gu 4s 1961/ {♦Central of n j gen g 5s._.,_1987 j 23 107% Celanese Corp of America 3s.. 1955 5s registered... 41 65 X a 5 18% 107% 108% 111 109X f 19 44 113% 107 %• 84 j Carolina Clinch a Ohio 4s— .1965 m s Carriers a Gen Corp Ss w w—.1950 un Cart a Adir 1st gu gold 105 j ..... guar 39% 87% 105% 106% 108 x 108% 106% 0 Coll trust gold 6s 1954 j Collateral trust 4)4s_.—1960 j {Central of Georgia Ry— ♦1st mtge 5s Nov 1945 {♦Consol gold 5s 1945 ♦ Ref a gen 5 xs series b 1959 ♦Ref a gen 5s series c——1959 ♦Chatt Div pur money g 4s.. 1951 ♦Mobile Div 1st g 5s——1946 21% Dec 87 107X Coll trust 4)4s— ..........1946 m s 5s equip trust ctfs...——.—1944 i j 42% Nov Jan Jan Jan Jan Dec 9 "l"05X Celotex Corp deb 4)4 s w w_—1947 ♦Cent Branch u p 1st g 4s....1948 3% 8*4 30*4 1% Dec 4 108 j Canadian Northern deb 6)4s...1946 Can Pac Ry 4% deb stk perpet—. Aug 7% Aug Feb 17% 75% 0 d 1955 a 1956 .—1951 m s 10 75 87 *80 59X a Guar gold 4xs Guaranteed gold 4)4s Guar gold 4x8—-- % 43 14 6 1960 a o Guaranteed gold 5s.—.—1970 3g 75%' 35 5% j 17% Sept 74% Dec 40 X o Consolidated 5s„.......—.1955 j Jan 27% 23% 26% 2d4 71% 5 113% *110% ♦Certificates of deposit.—... Bush Terminal 1st 4s—...—1952 a o Jan Jan % Aug 4% Jan 30 405 104 {Burlington Cedar Rap a Nor— {♦1st a coll 5s... ——1934 a o 17*8 Dec , a s 43 107% d 75 75 . 17% 107 Buffalo Gen Elec 4)4s b 77% 87%f. 75 74% 105% Buff Nlag Elec 3)4s series g—1967 j Buffalo Rochester a Pgh Ry— 75. m 42 42 x 87 33% 69, "74 x 79% .89% "77% 107 Dec 2% Dec 64*4 Dec ^*86% 105 14% Feb 1784 Dec 10 ""."71 Debenture gold 5s——1950 j d 1st lien a ref 5s series b—-.1957 mn California-Oregon Power 4s—1966 Canada Sou cons gu 5s a 1962 Canadian Nat gold 4)4s. ——1957 Guaranteed gold 5s....July i960 Guaranteed gold 5s...—Oct 1969 Jan 145% Sept 182% Jan 102% *77% * Bklyn Un Gas 1st cons g 5s...1945 mn 1st lien a ref 6s series a ——1947 mn For footnotes see page For footnotes sea page ; 100 104% 105 ♦99-- Pgh l e a w Va System— Ref g 48 extended to—-.1951 mn s'west Div 1st m (int at 3)4 % j to Jan 1 1947) due.—.i960 j j Toledo Cin Div ref 4s a—1959 j 36% Jan 10 Jan 44 89X 89 88)4 *102)4 102)4 *97 X Ref a gen ser d (int at 1% to Sept 1 1946) due...-2000 m s Ref a gen ser f (int at 1% ■to Sept 1 1946) due..—1996 ms ♦Conv due.....: Feb 1 i960 f a Apr 16% June 6% Dec 90 May 9 104X Ref a gen ser a (int at Deo 37% Jan 16 29*4 Jan 29 8% Jan 5 20% Jan 100 104 X 89 103% 105 105% 108 106 106% 39 40% 62% 87 rr— 4is—.—..July 1948 registered———-..1948 Stamped modified bonds— % 1 st mtge g (int at 4% to Oct 11946) due——July 1918 1st mtge gold , 27 3284 Jan 28 227g Jan 2 7% Jan 27 90 "20 /..(42 105 Central Illinois Light 3x8—1966 a 0 34 2 14 j. 104)4 104)4 "89)4 •/l ; 39 -, 64 X *100 105"" 106 X 28 97% 101 106% 108% 107 108% 107% 103% B Baltimore a Ohio 160 75 23 47 j ♦Inc mtge amuser a—July 1970 mn {♦Boston a n y Air l 1st 4s. .1955 fa Bklyn Edison oons Ml 3)48—.1966 mn Bklyn Union el 1st g 5s—1950 f a Dec 127 Jan 30 5% Jan 107)4 108 106X 107)4 107X 107)4 mn 1st g 4j4n series jj--.———1961 a o j 1st mtge 4s series rr—...i960 j 164*4 66 37g Jan 32*4 Jan 94 28 gold 4s Oct 1952 mn j Atlantic a Dan 1st g 4s——1948 Second mortgage 24 119 69 100x l a n coll 4s-',—,«-1948 Atl Gulf a w 188 coil tr 5s.—1959 Atlantic Refining deb 3s.—1953 68 102X 101 • {{♦Carolina Cent 1st 2% Jan 21 106)4 102)4 102 d 4sof 19l0--a.,-.1960 6*4 Aug % Aug 117 32*4 32% 26% 48% 109% 0 Boston a Maine 1st 5s a c—.1967 Mi 1st m 5sseriesII--.——.1955 mn 136% Deo 120% Feb Jan 126% Jan 15 a July ;14 33 9% Jan 12 36 ; 21 27% Jan 19 38% Jan 12 17*4 Jan 2 76% Jan 22 834 Jan 14 Apr 105 24 Jan 7 2% Jan 2 1297g Jan 22 Jan 29 171 30 Jan 26 14% Feb 4 20% Jan 12% Jan 21 •»i« Jan 6 »4 Jan 2 28% Jan 31 26 Jan 31 29 Jan 2 23 Jan 20 Sept 114 9% Dec 144 High loox loo'ii 103X 101 105% 59% 69X 101% 104% 5 8% 24% 287g 11% 1 18 Apr 109% July 8 .. 124% Feb 12312 Feb 113% Jan 15 108 6% 11% Jan 19 110 27% Jan 6 10*4 Jan 26 7 Jan 2 Devoe a 68 73 Lack & Western..50 15% Jan 10 Jan 12 108% Jan 21 7% Jan 30 21 Jan 2 5% Sept 2% Dec 14% Dec 334 Jan 10 16 Feb 3 Jan 22 Detroit Edison..-..-- 300 417g 8eiaware & Hudson....-. 100 elaware 3 1,310 'it *23% *%t 200 Preferred ■'( 108 X 5 Jan Jan Feb 10% Sept Dee Dec Jan 1% 6% Dec 24 1784 Jan 14 5 16% Jan 103x 106 % 68 X j Rocky Mtn Div 1st 4s....—1965 ill"' j Trans-Con Short l ist 4s—.1958 Cal-Ariz 1st & ref 4^8 a...1962 ms •■.—j., Dec % Dec 1384 Dec 7 Jan Jan 13 Feb 5 Jan 5 Jan 6 'Jan 12 Jan 29 Jan 27 80 24% Jan 5,600 76% % 23% 20 Deisel-Wemmer-Gilbert.—10 *% 2% 4% 23% 4% Deere & Co ..........No par 200 76% 'it 78 "*2~ Decca 9,800 1,900 9 17% Records Inc...——1 2,800 9% 17% 76% 9 *73% *8% 5 Conv 5% preferred 25 Davison Chemical Co (The).l Dayton Pow a Lt 4)4 % Pf-100 Davega Stores Corp 700 17% 884 70 37% 9 1234 *9 2534 3 *1484 *22% 12% *73% *8% 200 1,100 *37 17% *34 3% 9% 37% 9 *20% 15 37% 38 17% 76V *87g 17% 12»4 *112% *112% 12684 127% 126% 127 124% 124% *123% 125 114 113% 113% 114 133 *37% 35 3% 3% 9% 2584 *2% 38 200 , 203/ 15 15 *8 38 9 *114% 116 115 147g 3% < • 18% *3 3% *3% 3% 17 *15% *15% 17 *15% 17 11% 11% 11% HSg 11% *11% IO884 ios84 *108% 109% *10834 109% 7% 7% 7% 734 7% Z®8 23 23% 227g 23% 22% 23 28% 28% *28% 28% *28% 28% 113g *10% 11% *10% 113g *10% 10 10 10% >9% 10% 10% 4% 4% 4% 4% .;4%;,,,4% 7 *% *3g ! 7 % % 18 18% 18% 18= 18% 18% 20 20% 19% 20 19% 20 26% 26% *2584 26% *25«4 26*4 64 64 *63% 115 *3% 334 15% 16 11% 11% IO884 IO884 784 784 22 22% *28% 28% *10% .11% 912 , 9 4% 4 *% 18% 18% 19% 19% *26% 27 20% 12«4 *34 3478 21% 1234 *20% *12% j 8% Sept Dec 12% 13% Nov Feb 84 17% 18*4 9% 257g 80% 14% Jan 16% Jan 27 7% Feb {3 ^j99o Adjustment gold 4s.——.1995 Nov Stamped 4s-.—199o mn d Conv gold 4s of 1909———1955 d Gonv 4s of 1905-..-—-.1-1955 127% Sept Feb 98 93% Feb Fe— General 4s— < Jan D *3 Atchison TopekaA Santa v 30 .......-5 4)4% preferred. 100 Curtis Pub Co (The),—No par Preferred...--------No par Prior preferred—i,—No par Curtlss-Wright. 1 Class; a.. —.,——1 Cushman'8 Sons Inc 7% pf-100 $8 preferred-.-——No par Cutler-Hammer Inc...No par No, Low r.; Oct 28 Feb Founders conv deb—1950 j j Eleo 6s ser ai-1975 m n deb 414 s—1950 a o ♦AnglprChllean Nitrate deb... 1967 Jan tAnn Arbor 1st g 4s .1095q j Ark & Mem Br & Term 5s..—1964 m s Armour a Co (Del) 4s b—1955 f a 1st s f 48 ser c (Del)..-.,.-1957 j j , 164" Anaconda Cop Min Jan Jan 94 10 2 High *100 Atn Type Am Wat Wks & July 27% 45% 15% 13% Jan 14 15% Jan 7 113g Jan V 14 12% *14 74% Jan 9 Jan 4% 79% 13*4 Jan 14 9 Jan 27 5 19 ' 10% Dec 3 82 14 *1184 107 Dec Feb 1 Jan De: Jan Since Jan. 1 Jan Dec , 117g Jan 20 88% Jan 15 36 Jan 3 Range Asked)■§.(§ <& 103 x j a o .3%sdebentures.:——,.1966 j d 3s oonv deb——-—--1956 m s Deo 88 5 Corp oonv 5hb—1949 j Jan *54 11 2 12 1284 15% 100 5x% conv preferred 52% 28i2 Dec 42% Apr 170 Mar 2% dac 9 134 """loo 4% Jan 27% Nov 23% Jan 15% Apr 9% Dec ,18% Jan 48 Dec 5634 Sept 6 Jan 16 83 •/• 2% Dec 17% Feb 41 32% Jan 23 Jan 23 76 135 82 95% 58 17% Bid Low American Telep & Teleg—> i 3%8debentures.i.,^.»——-1961 45% Sept 35% Feb 7 19% Jan 22 Jan Feb Jan yr Jan 10 t sept % Jan 14 10% Jan 10 84 40% 182% 4% % 19% v; 90*4 Jan 23 1212 Jan 2 6% Jan 12 16% Jan 2 , Jan 24 3% Jan 8 Crosley Corp (The) —No par Crown Cork & Seal No par 6% JaU 174 2 Crane Co 5% conv pref—100 Cream of Wheat Corp (The) .2 19984 Nov 21% pec . Am Internat Jan 16% July 5% Aug Jan 79 Jan 23 33*4 Jan 26, 55«4 Jan 9' 6 13 106% 957g Jan 5 1478 Jan 12 8 3 Dec Dec 2% 197g Jan 3 12% Jan 5 51% Jan 30 2 6% May 9*4 Nov 7% July ,30 July 11* Dec 3*4 Jan 16 24 Jan 16; Jan 21 *82 82 llu Price 6 . Am & Foreign Pow deb 5s,.,-2030 m 8 Amerl g Chem conv shs,.—1949 mn 'July 3% Jan , feb 93 3 Jan Dec % Jan 15 27% Jan 20, "8% Jan .15; >' *131 *131 *80% *14 Week Ended Feb i Allegb Val gen guar g 4s—1942 m s Allied Stores Corp .4)^8 debs—1951 f a allls-Chalmers Mfg oonv 4s.-.1952 m. s 11 Deo Dec 14' Jan 15 Jan * 2% Feb . 28 2 10% Jan Dec / Dec 5 2 18 14 ; Jan Jan 8% July 23% Jan 107% Jan 1% July Dee x82. ! 4 103; 47g Dec 11*4 Dec 4 8%. Jan 13 5% Feb 6 Feb 6 15% 97*4 May •;7 7 23% Dec 18% dec 9% Deo Dec 90 Jan Jan 18*4 Aug .77 8 7=% Jan .3% Jan 20% Jan 2% .Nov 13% Dec Jan 9 30% ,4 Deb 20 v 7 23% Jan. 2 j — Jan Jan 65% July ;/•%* jan Jan 21 98 Dec % Jan 16 7 37% " Jan 11% July 39% Dec < 7% Jan 14 • 2 . »i« Jan 82 135 82 V Jan 6 Jan Jan 13 Jan 3 11% Jan 27 ; 87% Feb 97% Feb 9 23*4 3% 16% 21% Oct Jan 110 Dee 7% Dec 8 6 .' 2 6% Jan 12% Jan 87 "sj Jan 44% Jan Jan 15 94%. Jan 9 ?4 Jan Oct Mar 104% 19% Dec 10 v 7% 28% Aug 31 de« 100 Jan; 21 : Jan 17 83 135 135 *80 *133 Co—20 Corn Products Refining—-25 Preferred.. ...-.100 Coty Ino Coty Internat 3,000 6 6 400 *3% *% 2 Feb 96 July 83 Dec w ,4% May 21% Apr 16% Dec 5 Feb 102% : 2 32% 5284 'i# Jan 40 2% Jan *31 *169 2 94 Feb 3:12% Feb Copperweld Steel Co. 5 Conv pref 5% series —50 3% 8% Jan 64 3 25 2 Jan 2 4 America.25 300 1384 92% 12 $4.50 pfNo par Container Corp of 11% 51 53% 20% Jan 102 Continental Bak co—No par Consumers Pow *10% *50% 173 *3% *7 preferred..—,100 51 52% 7% 5% conv 32% 173 92% 14% 78% 200 98% Feb Jan 16 94 Consolidation Coal Co....-25 Continental Diamond Fibre.5 Continental Insurance .—$2.50 Continental Motors..,—1 Continental Oil of Del .5 Continental Steel Corp .No par 5,000 4,800 8 2 of Cuba 6% pf-100 Consol rk 8% preferred.-.—--.-.100 19 *18 11% 11% Friday's share $ per share per > Jan 29 6% Jan 27 26% Jan 26 "18% Feb 5 2 Jan 16% Jan Consolidated Oil Corp .No par Continental Can Inc.—.—20 1,800 . 2 >.84 21% Corp...5 preferred....——No par Consol Film Industries..... 1 $2 partio preferred.—No par Consol Laundries Corp..—-.5 $5 500 3% =3% *133 96 *16% 78% 12% 8% *77% 12% 8% 38% 3884 Consol Coppermines Consol Edison of n y—No par 400 26% 8% 38% *8 3% 22% 32% 85% 33% 8 3884 *50% 11 s4 33% 78% ■ 33 11% *84 8 51 19% 4084 26 24 •72. -2% Jan 22 14% Jan 2 17% Jan 22 5,300 102 102 26% 100 2,300 4,300 7 66% Jan 5% Jan 21% Jan 23 600 3% 84 *% 17% •< 86S4 26 11% 19% *39% 33 32s4 3 102% 102% 26% 8% 38% 3% 22% 18% 53% 54% 171% 171% 3% *3% % *12 13% 1334 92% 14% 3 3 135 *12 *80 32% 12% *132 1278 15% *44 ;■( 19 81% }<25 *1138 *50% 7 *12 8 *18 *7 7 *80 95 38% 3% 22% 51 684 *80 *14 18 6*4 134 *132 51 22 32% 5284 17134 173% *3% *%« 22*8 19% 1138 1,600 5% 25% 39 *734 600 5% 28 5% 25% *7*4 : 17,400 7% V 7% 7% *5 *24% 3 25*4 ■ -5% 1234 26 6 5 26 2374 *1% 25% *27g *24% 200 5 12*4 25% 9534 884 2 6% 25% ■■■ 25% 95*4 12% *95 *94% 9534 127g 12% 2% 278 *10212 1031? 7% • *4*4 *2434 300 .. 8«4 6% 6 6% 734 *73g 738 7% 2 : 60 'it .13% 'it 884 2 40 4,800 20,900 1,600 6% — ; % 600 $ per share $ per share Inc..-No par Congoleum-nalrn Inc.No par Consol Aircraft Corp.....—1 Consolidated Cigar....No par 7% preferred ——100 6x% prior preferred...100 87% 13 87 *»i« -*8% *1% Range or Sale Highest Lowest Highest Commonwealth Edison Co.25 Conde NastPub 6,800 > 96% 6% 13% 89 *13% 877g % 884 *»i« % 884 6% A' "-6 ' 6 784 ♦738 14 89 ,36 preferredseries.—No par 400 18% 10% 96; Commercial Credit........10 ,! 4%% convpreferred..-,100 Comm'l Invest Trust.-No par $4,25 conv pf set '35.No par Commercial Solvents—No par Commonw'ltb a Sou.-No par 600 90 *87 6% 6% 6% 6*4 1334 89 2 *8% *1% "• v, 10,100 : 16 > 17% 10% 10% 90 (9584: 9584 89 89 89 234 18% 18% *10% *87 2184 234 21% . .16 90 10% *87 684 137g 6% 16 Par Columbian Carbon Co.no par Columbia Pictures..... -No par $2.75 oonv preferred.No par "4(600 ■ 21% 234 I884 10% 18% 1034 87% 97% 87% 97% »1« " *2% 284 16 >16 18% 97% 6% 13% 8884 6«8 6»4 rsifr.1 i3®s •18 *10% 90 •*87% 973s *955s *2% 16 2l5g 2178 21% 21% 284 15% : Lowest 300 , 21% last , Shares 71 *70 70% 6% 26% 18% 98% 25 6% 6% 6% 6% *6% 6 6% 6% *25% 26% *25% *25% 26 26 2658 *25% *25 18% 18'4 18% 18 18% 17% 1784 .17% 17»4 98 98 *97 98% 98% *96% 98% *97% 10012 *98% 100% 24% 24% 241g 23% 24% 23% 23% 22*4 23% 22i2 23 *100 110 *100 110 *100 110 110 *100 110 102% 1021ft *100 9 9 9% 9% : 9% 9% 9l2 9% 9t2 9U 9u 9% % ' hi % % •jj % '3! % U % *M 40 • 40% 41 -;< 41 40% 40«4 41% 42 41 41 : 40*4 41% *614 *2478 Range for Previous Year (1941) Railroad & Indus/Cos. {Con.) share s per share ner 70% *6% 71 71 71% *71 72 *71 Week's bonds n. y. stock exchange exchange Week Wednesday Feb, 3 $ per share $ per share On Basis of 100-S5are Lots • Tuesday 2 Feb 31 . Range Since Jan. 1 new york stock Friday Monday Saturday ATOPIC <2 for Sales low and man sale prices 107% 107% i07"" 107% : Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4044 155 NEW YORK BOND RECORD BONDS * Week Ended Feb. 6 Last !i N. Y. STOCK EXCHANGE Range or Sale k5 *■ Since Jan. Asked & LOW Range 1,2-N Friday's Bid Price I NEW YORK STOCK RECORD Week's Friday '1 .•■-/5 85)4 Aw'- 101)4 101 % 102 V YJJYY J J *m%- J ♦112 I V,119 A Alton RR ref 3s_.... 1949 A O rn; J 89K Y~j ~95~~ --i-i* ChfC Burl A > -. Q—111;DIV 3%b registered.-2±. ;. L Illinois Division 48 1949 90 '...A 1940 4s registered. "Si'H General 4s' i *;„ '; ;.V: 2l -"2- t 1958 M~k V'.■ '1st A ref 4 %a series BV; AV. 1977 F A 1st A ref 5s series A. A---A 1971 F A $ per share 3'2 *16 >16% 87 J *20 211.1 41,j .■ , *115 ♦115V 130 85 A Lowest *85 'i"< ♦16V 80 *93l2 16% 93% 77 25 g 121 39 9% -10 97U *18 *95 97% 19 31- 31% *31 4 32 - 11% 12*115% 130 12 38 10% *95 19 Fllenes 100 *18 ro 300 *21% 4% 97% 21% 100 *414 31 31% 31% 12 41 *30 36 86 Dec 2% Apr Feb 3 35% Jan 2 9% Jan 2 31% I 39% Feb 10% Feb 3 .... _. 98 500 17% 100 93 130 18% Jan 42% Dee -■ Jan 105 • Jan 16% July 103 Nov : 6 16% Dec 33% Jan 2134 Feb 5 5% Jan 13 17% Dec 25% Apr A10 Dec 7 Jan 31 Feb 3 33 Jan 13 21 June 35 Dec % Feb 6 32% Jan 5 12% Jan 26 24 May 32% 8ept 1034 Jan $7 conv preferred...No par 116 Francisco Sutar Go....No par 8 2 Jan 24 Jan 118 2 3% 9% Jan 23 7% pf. 100 Freeport Sulphur Co.......10 Fruehauf Trailer C0........I 5% conv preferred......100 Dee 105 20% Jan Feb 132 Jan Feb 9 Dec 10% Feb 4 3834 Jan 3 32% May 41 19 Jan 3 18 Dec 23% July 9334 Dec 99 2% F'k'n SlmonAColnc 36 Dec , 31% May 8% Dec 5 Jan Dec Dec 31 Machinery Corp_A__10 . 3 Jan 13 - Nov 1214 3 91% Feb ■' Feb Dec 8% 16% Feb 20 Foster-Wheeler.. Jan 90 4134 Jan 3 9 21% Jan 27 4% Jan 9 ■ 4% 27% Sept 97% Jan 16 Sept 4584 Sept 12' 5% conv preferred...... 100 5,100 41 36 6 Jan 19 18 r — Dec Feb 11 96% Jan 15 Food 1,100 11% 1434 85 Florshelm Shoe class A.No par Follansbee Steel Corp..*... 10 500 10 9% 7 6 95% Jan 31 90 *115% 130 9% 36„ . 11% 130 *30 3 3 4 Fllntkote Go (The)....No par $4.50 preferred......No par Florence Stove Co.....No par 100 4% 31 32 Highest $ per share $ per share 4% Feb 18% Jan 13% Jan 90% Jau 6% preferred series A...100 First National Stores..No par 2.900 2 par 200 1,100 39% 10% 33 12 3% Jan Firestone Tire A Rubber... 10 92 39 (Wm) Sons Co.No 2,300 15% *31% 4 If 36% • v Fidel Phen Fire Ins N Y.J2.50 1,600 15 •- *31 ... >'12% •36 Feb 39% *01% '■/■ *37% 3834 21% *115% *115% 130 9% 9% 10% " 91o *9% *37% 4136% "36% *1612 17% *93 9434 9% .41 Feb 200 *15 $ per share 934 Jan 200 *10 *4% 16 85 600 11 ]0% 97% 21% Federated Dept Stores.No par 4% % conv preferred....100 Ferro Enamel Corp 1 16 34 91% 38% *18 '■ $ per share Federal Motor Truck..No par 85 15% *95 *18 :"19 Par 4,400 1634 15 >9% Shares (1941) Lowest 36 35% Jan 30 1634 Feb 2 May 46 • Jan July 31 122*4 92 *38 *95 *35 ; i 361* 36'8 72% 30% *91 39% 9% 31% . *38 41 83 % 75 V 91 9% 15% Year Highest 4% 85 39 15% 91% 38% I 534 t Range for Previous On Basis of 100-Share Lots STOCK EXCHANGE *10% 16% 38% 39 -V 130 9 »12 > > 38% *10 16% 91 ' 9% *30 69 *10 38% 16% 16 31 *311, 9534 '77% "" 15 38 *10 ("15 viisgj 11% 81% 58 11% 31tj 31% 4 86 *10% 31 31 53 *85 11% 38% *21% 21% *4%4% .31 A 311,, dl84 22 87- *10% 21% 4% *29l2 79 16% *85... *1%. *31)4 *1U4 " 72 *16 *21 % 89)4 *29i4 $ per share 4% 16- 414 v: 4 ,, 87' 211, v. 414 ■ $ per share 4% • -16 • - 3% ■*10%- .1-1% *10" >15 S 15 S per share 3% *85 ♦lOUV-ll's 3812 '381 "> 17)4 r 3% 15) 2 16«« 16 ' 9li2 *91 OUfj -38% *38 391? 9%, fiVfj V0-V*. 9% 95l2 05t2 *95''. 98 ' *19 V 197« ;> 1812' /19 ' 92)4 "47 82% - 70)4 .78 312- •'157s *9034 35% 9L . 82 ;. ■' 71 78 % 85 ■ 94)4"- 96)4 '...A 1949 13 V 37 YORK Week *85 *20 175 Feb. 6 17 #4is 89)4 Feb. 5 87 *10 ; •vv 16)4; • 17% 89 Feb. 4 , ' ' * 1949 J Feb. 3 - 10*i i 38 "i, 38i,i 128% 101 102% 100)4 102)4 18 Range Since Jan. 1 NEW the - 10-1,t 126 t42 101)4 -f-* 10 J" A Friday *16 ■ 1 103% 102% 26 Thursday *85 57 % 80 104% 105% 127% 1989 J 3 %« 49 % ,V-; 12614 127H Wednesday $ per share 3->8 ,*3i2 80)4 •-88)4 103)4 Tuesday Feb. 2 31 it ver share » X;4 <fJjj-j; 1992 M 8 1946 J Potts Creek Br 1st 4s, R A A Div 1st con g 4s..... 1989 J ■ 77 69% '78 42 105 K". 105)4 *102 5-8 S & lmpt mtge 3%a D'-iiS.'. 1996 MJV' 2d consol gold 4s 138 . •86)4 •? Ref A lmpt M 3%b ser E.'_. 1996 F " 57 % 56% so..: ..J80 85% '"■> 4^8 (1935 Issue)... 1950 M S Chesapeake & Ohio Ry— General gold 4Mb:.. •'<' 80 , Sales Monday High 68 ■•-6 57% MN I M 8 ., S f deb 4%a (1938 Issue)*;». 1950 M )"[ Ref .68 /4 %, SALE PRICES for Saturday . 68" 123 .".77 68 A F No. Low High -76 77* 0 ^ Champion Paper & Fibre— 8 f deb A A Through Short L 1st gu 48.1964 Guaranteed g 5s'._._ ....I960 Central kR A Bkg of Ga 58.1942 Certalp-tced Prod 5%s A.V-1948 >' IjOW AND HIGH ' 1 Jan. Railroad & Indus. Cos. (Con.) Cent Pac 1st ref gu gold 4s...1949 F 621 v - ; lfl%v ifi% 93% 93% *18%',17 *16% 17% *93 *93 93% 94% *16% 93 93 Jan 9 94% Jan 28 Aug Chicago A Eastern 111 RR—♦Gen qitge lnc (conv)...... 1997 J 3 Chicago A Erie 1st gold 5s:_A .1982 M N, Chicago Gt West 1st 4s ser A. .1988 J.J ♦Gen lnc mtge 4Hs_„._iX.i 2038 J J 30 K "65 k" {♦Chic Ind A Louisv ; ♦Refunding g 5s series B ♦Refunding 4s scries C..... J 1947 J "122)4 ./ 36)4 "33" ♦1st A gen 5s series A... .1966 M N ♦1st A gen 6s ser B._May 1966 J J Chic Ind A Sou 50-year 4s.. .1956 ./ J >11 43% 37 44 36 19 33 38 2 36 2 33% 36 *10 33 4 30)4 34 78 7% ,; V 33 v.: "8T" {Chicago Milwaukee A St Paul- 65)4 41)4 36% 36 J 1947 J 122)4 64)4 43 . ref 6s.. 1947 J 29)4 61% 67% 43% • 08 67 H 8% 26 67)4 68 61)4 *6% • 10 68 L V. ;'VV/ ♦Gen 48 series A^._ May 1 ♦Gen g 3%a ser B. May 1 ♦Gen 4%a series C. May 1 ♦Gen 4 %a series E May 1 46)4 45 299 37)4 1989 42)4 41)4 42% 15 36% 47 46% 47 H 226 38% 4734 46% 47% 138 38% 48 46% 47% 101 38)4 48 47. *Gen 4%s series F. May 1 1989 tOhlc Milw Ft Paul A Pac RR- ■ 46% F A 46)4 A 12 O 12M 12)4 925 2)4 533 2)4 3)48 registered... ..A... 1987 ♦General 4s 1987 A 4s registered A .A ....A. 1987 ; *! ♦Conv 4%s tl*Chleago Railways 1940 25% Aug 4s registered *116 *'*' - 4 s ctfs - *8% ' 28% * ' 20% 20% 20% 20 3% 3% 3% 3% V *6% 7% 7% 1034 7 7 •- 6% preferred..•._....•...20 120 ,3% 5,000 Game well Co (The)....No par Gar Wood Industries Inc.___l 7% 200 1,100 , 3% *6% 200 . 2834 1% 23 "23 2234- 2834 26 3434 28 ' A 17% 17% 16)4 D 16% 16% ■"2« " ' 47 17% 45 "• ='!'!.! A; 16 80 46 12 • . v.'!.'.,' gen 4s. il988 ./••J ? 22% - "706 A1988 / - 23)4 20)4 20% 2134-/J 21)4 ♦18 —4-20 34 ■14% ' 1)4 S v MN New Orleans 5s.. 1951 J J 19% ;IV V"'V,; •" Vvh D ■f\ *.4 V 174 *■52? 139 -fa " ' ■/ . \' ■' •2% 9 34% 35- 1% 03g 90 90% -32% > 33 3 ' 5% 100 *113 34-% *113 110 1% 138 1% *95 1,400 f- 1st 27g i 3){s West J EX..1963 J series Ft A A.1963 J.J Indiana con 43.1952 J 1st A ref M vf 48)4 68 *25% - ? 12: *11% *25- A '•% con 8 O 4*)4 'I 37% 20)4 j 1962 108 Cin Leb A Nor 1st con gu 48.1942 M N Cln Un Term 1st gu 3>4s D..197UA/N 29 *25" -.29. i 17% 17% V*9%i 9 b ? ■ 17% •*%* v; ' 'i« V A-A1969 A1943 • • 96)4 36 17 *25 97% 17% 10834 - '.rt 74)4 12% 74 V; 76 ; 17%-* 17% >*17% 106)4 44 50 :v 73 106% V' 53% 50 72 A1970^J J 44)4 9% 171 7578 17% . 651 *60 n. 5,; • ♦6 V1 74% 106)4 108)4 7% Scries B 3 his guar. AX.A-1942 A O *102ht O *101*3t - AA- 8% " *7% " 1950 F ..24•• Ai. ........1977 F A Gen A ref 4 Hs series B 1981 J ■ J i- Aviv" *105" 107)4 *140 *108 AAA v O Union Term gu 5J4S.A1972 A O Cleve ,".21973 1st s f 5s series B guar A O 83 % 82%' >81 "7 b% 'Tst s f 4'148 series C-AA ....1977 A (J r 66 Coal IUver Ry 1st gu 4h._ A-.1945 J D Colo Fuel A iron gen s f 5S..1943 F A 83% ♦6s Income mtge.. A—2.--.1970 A O 19)4 Columbia G A E deb 5s.May 1952 MN 100)4 100 O 100)4 100 J 100)4 Columbus A H V 1st ext g 4s. 1948 A O Debenture 5s. Columbus A Sou Ohio El Columbus A Commonwealth EdlSon 100*4 99)4'. 10034 *108 ". •• 137 106)4 ""9 106% ToMst ext 4s..1955 F A " - 100 ; - ♦ *110 66% 15% 1578 23% 241.1 24 24% 103"" 103k *81*/4 88 15 26 Co— I..X2 ..T968 J D ?■ Cortv debs 3 )4s. AA X A A1958, J. J Conn A Pasump RIV 1st 4s.. 1943 .4 O J Conn Ry A L 1st A ref 4)48.1951 J 1st mtge 3)4a series 109)4 26% 109% 108)4 109)4 . •' Stamped guar"4)4sA-.A.--1951 J "J 109*4 109)4 i* .' 4 *Io6J4 *109 Conn RIV Pow 8 f 3*i's AXXX1961 FA 109% ■ T ■- 11 f'; Consul Oil conv dob 3)48-AAl951 J D ■104)4 ■' 103% v., 109)4 105% ' 106" 107 K 107)4 103)4 105 j. 28 10U 105.; : 105<H 27 28' 27% ♦Debenture 4s..i A*jj sJ A I960 s f 5s.2.... 1960 ' *27% <82% 27% 28% 83 Consolidation Coal Consumers : 108)4 '108)4 ■..i..-1970 3)*8AaAaA:A1966 3WS.A.AA-...A969 "•■1st mtge 3)4ft—A 1st mtge Continental Oil 'conv 2^8.-1948 ' 106 k 107 k * .24)4 .28)4 108)4 109*4 June Crane Co 2)48 s f debs...i... .1950 Cruclbld' Steel 3J4s s f debs..l955 Oct Sept 5®4 3 5% 109*4 106% 106)4 108 108 O D 101 k" 400 General 1 CH) 109% 6 Jan 28 Dec 5 Mar Jan Jan Sept Dec 6'4 Dec 6% 15% Feb 97 16 113 Dec 22 Oct Dec 130% Apr 24'4 5 40% Jan July 2 6 283g Jan 108)4 10111.t?10.*GJ 100)4 101)4 92% 92% Jan 144 73% 41 Jan 16 127 $6 preferred.. Dec 35% Jan Feb 29 Jan ? 70 68% - 3% , 3lj 27%' 27% 26 16 *7% 7% .500 $5 conv preferred ....No par Gimbel Brothers ...No par 45% Feb 2,300 5 60 Jan "1,966 100 4% % conv preferred.....50 12% Jan 3734 Jan 2,300 Gobei (Adolf) 1 Goebel Brewing Co .^.1 Gold A Stock Telegraph Co 100 Goodrich Co (B ¥)....No par 500 : ,V 40 .3,000 200 13 3',700 ' 300 '500 15,300 5% 8 1,500 Corp .No pat 6% preferred.......... 100 3% ?*3%> "3% 3% 27% 27% 13% 11 11% Dec 7434 Oct 2084 Sept 10 Dec 59 Dec Jan 6 25 1 2 2 3 1 Feb 2 2% Jan 7 June June 12% 2,800 Grumman Aircraft Corp....l 3% 5,200 Guantanamo Sugar....No par 1,200 12 71 3% 68% 3% 3% 3,900 28% 27% 28% 4,900 8% preferred 240 Jan 16% Jan 5 25% Jan 27 28% Jan 27 Jan 14 2 28% Jan 28 5%% conv preferred.....10 12% 3% 2 Jan 13 % Jan 1% Jan 63g Jan Jan Jan Dec 1384 13% 12>4 Dec 36% Jan Mar 25% Jan V; 3% Dec 6% 6% Dec Dec Jan 12% Dec 1838 Nov 18% Dec 28% July 143 19% " Jan 28 July 135 Dec 144% Aug Mar 33% Jan 3 11% Jan 21 1234 Feb 4 29% May 934 May 10% Jan 14 11% Feb 6 14% Jan 6 3% Jan 29 10% June 10% Dec 1% Feb Feb 6 2% Jau 2% Jan 2 2 2 20% Jan 2 29% Jan 24 24% Jan 22 12 .100 ;' Dec 90 3% July 68% Nov 42 139 Green 8,500 70% 28 54 67 i 6% Jan 27 (H L) Co Inc.. 1 Greyhound Corp (The).No par 3% 3% 28"., 21% Nov 2 12% 3% 2 2 2% Sept 91.V Jan Apr 25% Jan 11% Jan Jan Dee 100 12% 2% Dec 15% Jan 21% Jan """700 Dec 11% Gr Nor Iron Ore Prop..No par Great Northern pref...No par 30% Dec 80 5 30% 54 15% Jan 14 60% Jan 20 13 % Feb 5 69 Jan 31 23 30 4% Sept 81 28 12% 3% 378 2% Jan 29 Feb 6 Feb •it 3 Great Western Sugar..No par Preferred .100 Dee 14% July- 2 Jan 13 70% 12% 73 »n Jan 30 Feb Green Bay A West RR 112 46 3 2 8% Jan 14 100 24 Dec 31 1,800 • Dec 25 271, Jan 80% Sept 11 2 27% Jan 11% * 35 -Feb 60 2 2 2 27% Mar 6% Dec 2% May 34% May 4% Dec Jan 27% •■• ■ 23% Jan 141% 141% *140 141% *47% 60 *47% 60 *70 - 5% preferred...........20 27% >29% . •. Aug 9% Dec 16% Jan June Dec >22 - Granite City Steel.....No par Grant (W T) Co 10 6,200 Dec 1434 Jan 29 5% Jan 9 734 Jan 12 6% Jan - 9% Sept 74% Oct 17% Sept 7% Jan 16 28 Jan Dec 102 i 300 .500 2,500 12% . Dec 2,200 J6 *11 % Jau Dec Jan % July 25 44 134 Jan 20 Jan 7 4% Jan ■■ 14 8% 46% • 7% 29 25% 24% 12% dlv ctfs.No par Without dlv ctfs....No par w 5% Jan 20 a:58 Graham-Paige Motors ..1 Granby Consol MSA P.....5 Jan 400 16 11% 10% Jan 5 48% Jan 65% Jan 27 7934 Jan 28 Jan 2 Jan 8 60% Jan 6 884 Feb 384 Jan 15 .'< 13 V 16% 106% x9 6% 24% 12% Gotham Silk Hose.....No par Preferred ..........100 Jan Dec 98% June % Nov 16% Apr ' >13 Jan 12 56 $5 conv preferred.. ANo par > % 12% Jan 10 16% Jan 16 Jan 3 6 Mar 110% Nov hi NOV 16 Jan 109 Jan Jan Aug 48 105% May ;)•/ 5 20 Jan Jan 5 6 Jan 934 Jan Jan »33i Jan A 2 5% preferred- + .,..,No par Goodyear Tire A Rubb.No pat Grand Union "" 24% *11 19% ■ 2 24% 29% 12% 3 1,79% Jan 19 JO 16 29% Jan Jan $6 preferred...;....No par Glidden Co (The).....No par 24% 29% J&n 7% 10 3 16 141% 141% *52% 60 Jan General Tire A Rubber Co...5 63% *24 4<% Dec %« Jan 20 27 Jan 20 Gillette Safety Razor..No par 27 69% 27% 28 *24 Sept 48% 127% - Dec 4% 12% Feb-5 1,500 157g 24% • 69 m 3 Jan "1,600 Gen Time Instru 100 % 6% 6 6 General Telephone Corp_-._20 Gen Theatre Eq Corp. .No par .800 2% *5 3 17% Jan 22 • 69% *7% *6% 7% 28% Jan % Jan 16s4 11% 14% 108% 7% »>« 12% 8 Dec 23 200 ; 2% 81 5% 16 Jan 400 *1% *7% 6% Dec 534 Jail 31 108 Jan 14 2 2 17% 11% *68% i 51, 28% 121% 27% % Jan 11 Jan 6 6 Jan V 132% 3% Jan 5% Jan 1 Dec 30 8% Jan 70% Jan 610 *55 125 Jan 34% Jan 2% Jan 16 Jan Jan 24 1% Nov 126 General Shoe Corp.Jii.-.j.vl Gen Steel Cast $6 pref..No par 75% 13% 63% 2 28 Jan 23 Jan "•*800 17% 68I4 *55 Sept 131 24 -9% 81 Nov 91 $6 pref opt dlv serles.No par General Refractories...No par " *9% *58 104 6% preferred.......A. 100 75% *% *2% Jan 73% July Gen Realty A Utilities *17% *17 38 3 ,1,300 12% »'sj ■ 9 Jan Jail 105 423g Sept 117% Aug Jan 30 No par Jan 83 5 1 Jan % 102 Jan 25 33% 112% 8 129 123% 5 Jan 20 1*4 Jan 15 116 2 6 "i",200 12% *104% 113 *25 ...... Jan 95% Feb Z8134 Jan par Printing Ink... , Gen Public Service.'....No par Gen Railway SlgnaL..No par 3„ "' • *24% 4884 Jan Gulf Mobile A Ohio RR No par $5 preferred 7 i Jan 30 4 Jan 24 13 Jan 1% Feb 9 Feb 51 Dec 3684 Sept 14»4 Sept 11% Apr 18% Sept 3% July 55 No par Dec 4% Aug Dee 23'b • H V 26 *2414 26 *24% *32% 25 24 Jan 29 7% preferred class A....-25 32 Jan 3 33 Jan 5 Co.X.AAXlO 9 Jan 3 10% Jan 6 Hamilton Watch Co...No par 9 Jan 2 10% Feb 6 104% Jan 3 106% Jan 27 102 103 Feb 3 104 Jan 17 100 14% Jan 2 Hackensack Water 30 ' , 1% 1% *91V 109)4 109 J4r 921 103 '104 105 ' *154 .104)4 106 .107 Hall Printing """ioo , v 6% preferred...- 20 ..100 20 Hanna (M A) Co $5 pf. No par 1,000 Harbison-Walk Refrac.No par 400 Hat Corp of Amer class A...1 6% preferred.. ■ 103 % 105 28 26 23% 27% 27% 80 83%■ ' 108*4 109)4' 10 100 6%% preferred.. 145 Jan 28 4 Jan 19 80 100 37% 101% 109)4 10131,4102 hi' 100 89 101)4 94%' - - 6% 100 13% 11% *12% 17% *16% *6%' *12%, 11% " ■ *36 38% 100 100 7 *6% ... I7i 17 *17 *115 . 1% *90 t 61 6 1% 1% 92% *89 6% *6 *55% 156 *12 1% 93 2,300 6% 60 1,600 200 156 20 12% 200 38 67% 1,700 9% 41% ■ 38% *97% 100% 38% 100 •''6% *98% 13% *12% 13% ^12% 13% *12% 1134 16% 11% 17% *11% 12 *11% *16% 17% 17), 4 36)4 99 11% *638 6% : 17% 37% 33 ■;>9% • 9% 16% 100 300 Hayes Mfg Corp ...2 Hazel-Atlas Glass Co...—-26 Hecker Products Corp.. Helme (G W) ; Preferred... 1 25 .....100 Hercules Motors. No par 17% "38% 33% 10 37% *32 6% cum preferred Hershey Chocolate Hinde A Dauch Paper Co.-AO Hires Co (C E) The.......10 400 Holland Furnace (Del) *6% 7 17% 17% 1.600 2,600 38% 3734 37% 33% 33 33 700 ...5 Holly Sugar Corp No par 7% preferred 100 Homestake Mining—j.12.50 23% Dec 33 Jan 33 Feb 38 Mar Dec 16% 8% 8% Jan 29 16% Jan 19 146 Jan 10 4% Feb 87 2 Houdailie-Hershey cl A .No 9% 9% 9% 900 Household Finance 500 5% preferred.. Houston Oil of TexaB - ' . T For footnotes see page 626. par ■< 1% 91 Jan 2 Jan 30 5% Jan 2 53% Jan 3 154 Jau 5 15 Jan 108 July Dec 1234 Dec 106»4 25% 140 Jan 3% Dec Jan 21 92 1% Jan 6 93% Jan 19 ••; 76 June 6% Jan <7 5 Dec 54% Jan 6 Feb 6 156 1,300 Class B__ Howe Sound Co No par No par 100 v t 0..25 5| Jan Dec Dec " Dec • 1% Dec 50% 4934 685 101 3% 96 Dec 96 Dec 150 > JanJan FebJan Feb Jan Sept' 8% Sept 168 Jan, July > Jan .1 1134 Jan 30 67% Feb 6 12% Jan 13 16% 72 Jan 80% July: 6 128 Jan Feb 125% 36% Jan 30 9934 Feb 2 4034 Jau 102% Jan 1034 Apr 2 65% Dec 21 a:123% May 5 33% Dec 12 99% June 13% Jan 11% Feb 14% Jan 5 2 2 13% Jan 5 13% Jail 9 17% Jan 27 Jan 6 1434 Jan 2 6% Jan 14 18% Jan 30 35% Jan 6 38% Feb 27 3 34 6 12% Dec 12% Dec 13% Dec 534 Dec 9 , Feb 132% 56'4 115 Oct i Jan Jani 16% Sept 18% Aug 30«4 Jan 9% July 16% Aug 115 Oct Xl07% Jan 5 Apr 30 % Dec 52% Jan 21 Dec 39 Jan Dec 1384 Jan, Jan 29 10% Jan 29 7 • *42 42% *42 42% 42% 107 *100 105% *100 105% *100 105% *100 105% *3% : 3% 3% *3% ..,3% 3% 3% 3% 3% 3% -34% 34% 34% 34% 343, 34% 34% 34% 3334 34 *41% 43 .10 Hollander A Sons (A) ' *115 2,400 42 par 500 9% 42 .100 No par j$Tconv preferred...;No 12 *100 . Hercules POwder......No par 16% ■ *115 33%' 9% 7 17% .17% 38'. 38% 33 -9% '42 *6% 6% 17% *115; 33% 33% *36 67% 125% 125% 7 *115 3778 . 107 3', 34% i 1% 92 13% *11% ' 9% *3 *36% 99% *16% 37% 33% 41% 38% 9934 ' 18 1% 02 .r *36% 16% 6% 9% *100 • I.- . 13G 33% 108)4 110 6 • 11-% 17%. *115., 1% 91 ■ 60 *55 60 *55 *55% 60 *55% 60 *155 158 158 155% 155% *155> 157 12% 12% ,12% *H7g V12% >'1U8- 11% *1178 *67 *66 .68" 67% 67% 671 *66% 68 127 127 *127 V 131*124% 127 *124% 131 *155 127 *12% 11% 16% :.j " 6 ; *36.>38% *99% 101'-' > 23% >91 6 - 1 60. 127" -108 92- • 6 > .158 ' - *ll%,f 12U 68: 68% 106)4; *1UV 1% •,vl% *91 6: • 34% For footnotes see page 627. 9 1 Corp.10 Common...........No 800 J; . 106% 107)4 109*4 106)4 UN A 3 Jan 7% Dec 2% 9% Jan 14 2 Jan •r 90% Feb 19% Jan 55 Dec 334 ! 104 Dec 3% 115 Jan 15 • 108 k 100 109 UN J 3 39% Jan 20 119 . 34% Feb 6 11534 Jan 29 No par 200 14% 2 Corp General Motors • 107)4 109)4 107 UN D Jan 17% Jan 5% preferred....U.....100 58% 1 5% 8% 678 7% 29 - 108% 109% 109 H J ;,T2%vA2M>3% 3% 25% *6% 1st mtge 3 )4s i A — A A--1965 J/N 1st mtge 3 )48._._._ A.A —-1967 UN 1st mtge Apr 101 Jan 46% Feb 5 4% Jan 16 2 26% Feb $6 conv pref serlesA.No par General Mills ...No par 30 200 25% 26 *24% 26 *24% 26 33 33 33 ; 33; 33 *32% 33 33 *3234 33 10 10% 10% *9% *9% 10% *9% *9% 101, *9% 10 *10% All 11% *101A 11% *10% 11% *10% Ait. *10% 10% 10% *105% 106% *106 V106% *106" 106% *106 106% 106% 106% *106 <' 106% *103" >104J *102X105 103 103 1031., 103% *102% 105 *102% 105 16 • 16 16 16 *15% * 16% ? 15% 16 10 15% 1578" 1578 *144% 148 *144% 148 *144% 148 *144% 148 ♦144% 148 *144% 148 *4 410 V, 4 V 4. "*4 4% : >'4% 'X'" 4 % 4% 4% j *4. 4%' *80 ': 9478 82 88 *76 82? *76 *76 88 *70 88 PowcU Co— .. * 4 5 Mar 8 12% July 53% May Jan VA jA.1955 —. 121» 1. Js, *24% *32% *9% *55 {♦Gonsol Ry non-couv deb 4s 1954 ♦Debenture 48-. Apr Dec <99% 101% Consol Edison of New York—*- ' 3)*s debentures^ A ;-2 A.j--1946 A O 103)4 105 % 354s debentures A AAA ii.. 1948 A O 3)48 debentures: jA.A:.A'1956 A O "105)4 3)4s debentures.L-A A'A-,a1958 J,J 107)4 28V4 *24 29% 12% *11" 11% 12% 12% 3% 3% mi- 99*4 102' 99)4 102 6 1 6 5% Mar 21 V rn,26% 7% 29% 12% 12% ' 12% 378 73 3%. 3% 27% 27% " •* 30 V ; i *6% *7% 29 v. 11 12% 6% A *7% *52% 3% 70% •>,] Income -deb w wAAApr l;d1969 May - 5 97 26 3J4s 1970 M S ♦Commercial Mackay Corp— ?. " 87% 20% 100% 19*4 Apr 15 1952 A .......1961 J 5s.t 58% 7H4 66)4 65)4 ••5 25 12%. >12% 83)4 71)4 *103)5 "86"" .*86" ♦Colo A South 4)4s series A..1980 AfN Debenture Sept 8% 47% Jan 31 104 2 2% 1 $5 preferred........No par 14% V14% 26 »u V > 8% 25 11 > 83)4 75% 66)4 " ,70% • y: '"77 82'" - 12% 68% *7% '7% 28% 60 v. 1 u,« ■ > ' Cleve Short Line 1st gu 4)48-1961 A 2 Jan 3% Feb Gen Outdoor Adv A...No par 59 *58 64% 7% 29% A 30 87 ,14% • *60 27% 27% >26% 27% 141% 141% *140% 141% 60 *52% : 60 141% *75% 15 > 58 64% K; 5 "V> 5 30 -.2% 13 ; 69% 24% 15% *52% 108 *'2 *2% 681.4 • *29' 108 14% 58 15% 28 108 ' 13 *7% 24 *27% ♦iiAi A A lg y*2%>•.; 87 '• '2% *79 1478 58 12% 63, 1578 ' 68% 2% 6% " V *60 8G 24%. t<> *2 v. *29 . 2% *6% .1948'M N guar. "•'v;. 87 *68% 2 64% 241 15% ..... -4t IS,, ■V;78 1 5 A 5. A 5 7% 30 29% - *2 *68'69% \ 2 *24 ..1942 A 2 Jan 41% 3% $4.50 preferred. No par Gen Gas A Electric A..No par 1.300 *'•,« 17% 934 75% General Foods 6.100 "C800 " »%« 2% ; £57%' 5812 ; *57)4 1 12% ' 12% V 12-% 12% 69 *7% 71)4 106% '-'iii "Ii, % 2%v "2% V 2% *75% • 87"; ; *79 14 .13% 13% ".A" 2 ' 7g 52% Pittsburgh RR- Gen 4)4sserles : 69;. 74 H • 47% 1st coll tr g 4s.. 1990 MW 3)4s Nov 23 Dec 5% Jan 15 2 Jan 112 No par ... 31,800 . 13%, 13% 112 112 89 51)4"; " Feb 122 - 57% >57% ' 102% ;»85 50 Series D 3 )4s guar. 5 10 284 Sept 12 Dec 2% 52% Jan 22 4 General Electric Co....No par cum 33% *105 %« >17% *9%* 75% K 75%'" 75% 75% v; *%•■: •■' % 108)4 109 ♦111 V jj 52% J Series C Feb 7 Jan 26 2% June Apr Apr 15 5 Jan 22 Feb 20 700 V 34% 5% % 113 il7% 1778 -1778 > •"ri, 9%; * -0% 75ijj- '75*4 > *2% ;. 2% *78 r 82 107)4 108% 110*4 110*4 102)4 102*,, ' J Gen 4J4s series B. Jan 23 Jan 24 ' *54 lmpt 4%a series E.. 1977 J Cleveland A 3 3% Jan Jan 21 116 2% *25 "v 29 28 16% >16% ; 21% 10I4r *98)4 Cln Wab A M DlV 1st 4s._jl991 J Cleveland Elec Ilium 3s.... Jan 20 8 7% • 46 21 102)4 105?4 :A--i Cleve Cln Chic A 8t Louis Ry— General g 4s... .........1993 J D General 5s series B.,AAA. 1993 ./ D Dlv 21 2 89 ■ 2 St L 1% 7% 5 Jan preferred......100 95% 25% 12% 11% 12%' *10i% 113* . *104% V, >%■;>•% A *3g . 9634 97% 46 ' , ' 10834 99% 101 94)4 107)4 .108 11034 HO),' Clearfield A Mah 1st gu 5s.. Ref A l*g Dec 3 Jan 24.200 *11% <12% 11% 11% :U%;.1178 '•'11% H7« 11% '•*15': V; 16% *15 ' "16% *15 :< 16% *1-5 "16% *15 16% J12 1 *103-112 *106 *106?;-112 112 *106 *106 112 112 A. 87 J '.'*8% V 8% 8 8% 8% 8i, 8% 8% i > 3%-: 3% 3% *31., ? 3% 3% "3% •3% 3% V 3% *4612" 48 • *47% .48% 4.7% 47% ? 47% 47% 46% 46% 45% 46 "* < " ■> 0^4 ; : 5 % 5% -5% >;.5%v "5% 5% 57g 5% VV5% 5% *5% *68 V ' 68% *63is- 417: 67 *63 *63% 68% *62%- 68% *63 67 14 -'14 :■ A 13%'14% 14% 14% 14%- 14% 14% 141., 14% 14% *42 .* 44 ♦42 44 *42 44 44 • 44 *42 *42 45% 45% 1-16 16 *1(>3 107 1101' r 95% ■ Cincinnati Gas A Elec 3)i8--1966 F A '' 1st mtge 3)4b.XA"A-AA-1967 J D 1st mtge gu 3)>8«et'Ei 2 11 General Cigar Inc.....No par 7% preferred .100 700 1-% 33% 3 12-% *% •v ' 107 )4 9!) % 5s. 1952 J/N 4%8 series D. Chllds Co deb Ss^-.A.aAA A1943 A {•Choctaw Ok A Gulf 107 ^ J Class A 200 124% 124% 26% *2% 3 t,'■ %«• *104% U3 »«A "l! ' *25% 26% 3 3334 124% 1243s *5% 5% 6% *5% 578 109% *105" 10978 *105 1097g 1097S *105 12 *16% 17% r *111 A;-121, 64 " ' ■;. 95 %' 97 )4 97)4 J M No par Transportation...6 Baking...... .5 $8 preferred... A.... No par General Bronze Corp..; .5 General Cable Corp. ..No par 600 ro '95% *53g ♦if ; 75% 33% 3334 1241* 124lo 2% 3 - 3)£s series mtge mtge Chic A 3 634 934 52% 4% 103% General "506 ■ A $6 preferred... Gen Amer 118 !•% *95% 100 100 '33 > 26% V.i*%«VV:7i -v;t; *%« 12 : *91., "-9% 75% u 33% 124b *25% 5%,,:> 5% *2512..'27% <*17%H77fi 2.34' 327s. V *124 2612 - y 3 5% • V *%'V/ 51H.'53)4 ii- V 116 138 35 3484 35 ♦113 1% *95 . 1st 2% Feb 2% Jan Jan 24 18% Jan , 5%% conv prefer red..... 50 Gen Amer Investors No par 100 18-% 18% zl8% 19% 125% 125% *120, 126% 27 2738 27% •34% *113: 116: *104% "113 V ♦104% 113; Chicago Union Station—"AA '' 1% Jan 6 134 Jan 20 10 5% preferred..... .10 Gaylord Container Corp....5 2.900 46 3% *3% V 3% 2% 2% *834 9% 2% *834 *90 00% v *115 3% *2% *9 90 18% 453| 3% 4 118 <3% 2% - ft 90 > 46% *115 3% 27% 35; -- *25- »u 10!4V14!4 * 30 ' "* iv''v •' 120 18% 18% *118% 126% *1181» 12fi-'4 124 -1241 124% *11 A 7 13)4 I'J-Xj 53 < V>4 3%- ■ 2% » 90 *18 1%' 1% *95 •100% • 20'4 '47 68 51 4 •'< 3% •2% 46% *3% 46% *115 4 79 67 46 120 -3% 18% *105 V 1Q978 *105' 22% 9 - *50)4 4 53 + 68' guar 5s-..Dec 1 1960 U 8 fy f ' * *■><*• '>;> 'ri !■' *3% •9ft 35 V" 3 D 79 •. 46 *115 3's 2% 9 < *113 ,116 112 26 23)4 20% 18" 35 321 j > 32%' 2)4 .18)4 " 172 D 90 *18 116 ; *124 46)4 v 18% 1 13W >13 '# -13 )4 2% "... 22% 2% 9% V 26 - 40 5 i'O •"VI 2)4 45% 83 83*82I8 83 j 83 83 *82% 83 83 *82% *82% 83 *129)2 13178 *129% 131% *130 131% ♦130 131% *130% 131% *130% 131% 18% 18% 18% 13% 210 22)4 3ig•2% *8% *95-.. 100 29*4 1434 40 "17)4 •.-2. 1% 22% r 32% •18 45% - 3?g 378 *115r 120 18i« 35 ;.-■■ 29% ' 31)4 D M ;•■ *113. 173 J 3Usi..1^A-'-AAA.--1951 .. 28k 41 17% Income 1 20% Gabriel Co (The) cl A ..No par Galr Co lnc (Robert).......1 300 2% 1% 10 28)4 "23"" "l3 28)4 D Memphis Dlv 1st g 4s. A.:. 1951 J Chlo T H A Ho'castern 1st 5s.1960 J i!rfc-+ :22)4 30 2734 J ■ f 22 27)4 28% "32 UN ^ ; 10 1,200 20% 2% 1%.. 2 10 • *118I0 126% *118l2 126% 27 27% 27% 27% 20^26% 27 A 27)4 UN ?. lfRcfnrtdlng gold 4s.A-AA.1934 ■ {♦Secured 4)48 series AAA-1952 " •Con y g 4 %*.. A A -A- A i X I960 Gold 17 7 *22 A UN A Ch 8t L A "2% 2 • ■ 45% 90 "52 28% 1 2037 J registered *2% 10 3% ;, 3% *6% - 2 10»4 •• *10 V *10 *9% 10% *9% 10% *10 10% 52 % 5212 *51 *51 52% *51 52% *51 52% 4% 458 *4% .43 *43g 4% 43g 4-% 4% 4% 103'2 103G *100 104 *100 *100 105 105 *100 105 3b *85 1st 6s stpd A 10 120 ff 2% 2)4 22 --XX1988 J". J ♦Certifioates of deposit..j.J.. _ 26 . 26% part pd._1927 FA '-7' -{♦G'hlc R I A Pac Ry > 25 25% '•Ym series A-:......1949 MJV ft"*-'. . 67« 10 s 4 4 V '"■ ;■ 13% 8% 1)4 ■ MJV MN H%astamped.1987 f ♦Secured 6 %a AA--..-1936 ♦lHt A ref gSs.lliAMay 1 2037 •1st A ref 4)4s'stpd May 1 2037 ♦1st A ref 4)4s e._May 6% i *2% '■'/ 2% 'V 2 10% 20% *51 52*2 4% 451, 451, 18 is ♦Stpd 4s n p Fed lnc tax. 1987 UN ♦Gen 4?4'b stpd Fed lnc tax 1987 UN ♦Gen 58 stpd Fed lnc tax..1987 UN • .. . *103l2 106 46H vA'V {Chicago A North Western Ry ♦General g 3HsA...wA;s-.1987 M N '•'*■•' - *3'8 *Mtge g 5s series A. A-.1975 ♦Conv adl 5s..._. Jan 1 2000 " 678 A- -3% v 21.i *2 201, *20. 3% 10 : 4% 10% 43% 1989 1989 *20 * *51 •'. 1989 *10 20) 13)8 ^'■"■3'8 10% 10 7% 11 8)4 . 2% .-*1% '*10; 21, -2 20 % XV;/; 8% " V 2% V 2% A 2 .' 2 i 10% 214 8% Jan..2 38% Jan 2 103% "Jan 12 2% Jan 31 Jan 2 2 44 Jan 20 36 105 Jan 26 % 100 3% Jan 14 3434 Feb Dec 64 Aug 111 Jan 2% Dec 5 July 26% Apr 37% Jan Jan > THE COMMERCIAL & FINANCIAL CHRONICLE 622 Tuesday, February 10, 1942 NEW YORK BOND RECORD NEW YORK STOCK RECORD Week's Friday LOW NEW for Feb. 2 Jan. 31 Friday the Feb. 5 Feb. 6 % 3% *2% 38s *12 *3U 2OI4. 20U 3% *20% 20% *20% 3i2 33S 3% 3% *3 358 *3 20 20 3i» 3% "i« 3% 58 _ 1,16 % 400 *i? 9n *t2 91« *2% 3% *3% 31 20%- 21 20U 2014 3% 378 3% 378 1 "iS 31 :> "is "ns '* ■ of 100-Share Lots Lowest Par Shares $ per share per share "9j« 3% 2034 9|6 ■•I/'.,;..: Range for PreUous : Year (1941) , 8 per share 100 Hudson A Manhattan 2 Jan 2 4 18 21.' "MOO 'Jan 2 4,400 Hudson Motor Car....No par 3% Jan 2 7,700 JHupp Motor Car Corp.*...! %e Jan 2 Dec ;'..% , Jan 12 ,2% Dec 4% Jan iV- % Nov 84 Jan 190 Leased lines 32% Jan' 2 18% Jau27 39% Fob 5 3% 16% 220 RR Sec ctfs series A... 1000 2 3% Jan 28 500 Indimaoolis P & L Co .No par ••8 9% 858 9 26 26% 26% *93 96 94% 95 95 *95 97 157% 157% *155 1 57*2 *155 157% *155 74 74% 73% 74% 73% 73% 74% 4,300 Indian Refining...........10 26 1,000 Industrial Rayon._„__N0 par 17% 17 17% 17% 7% 18 38 38% 314 33% 3% 16% 7% 3834 26 26 3% *318 *3% 3% 16>4 *034 I6I.1 *16% 25% 712 251.4 25 95% 9513 *93 *6% 7 *6% 12912 49^ 4958 m 7 22% 22 : i ' 160 160 11% ; 7% 61% *158% Inger3oU-Rand-_.__j._N0 • 2 2 Jan 6 9% Feb 8 26l,i Feb par 6% preferred.........-.100 j No par 5 155% Jan 6 Inland Steel Co 70% Jan 2 7 Inspiration Cons Copper...20 Insurahshares Ctfs Inc__....l 10 100 Interchemical Corp 22", F >b 108% Jan Jan 2 700 8% 7% 3,400 6% preterred Jan ....j—Nn par .8% 2 107 July 113% Jan 3%' Feb 8, 11% 160% Jaii'28 Jan 2 ?4 Jan 19 12% Jau 9 2-% Jan 21 8- De 167% ®8 58 IOI4 lO's 10'>8 10% 2i8 2's 2'i 52% 52% 52N 2-% 284 88 88 234 *2 52l2 3 2% 11 % 10i2 10% 2% 2i.t 5484 234 5434 *284 55 3 56 23.1 " 2734 27% 14% 1438 1414 i- ♦2% - 3,000 Internat Mln & Chem. .No par ! 1% Jan 5 48 Prior preferred..—-—100 600 13,900 Mining Corp.....I Int Nickel of Canada..No par "7",900 Intena'lonal Paper Co._—-15 214 *158 21.1 *1*8 2% 2% 2% *2'i 238 *2% 5134 2% *4618 461,1 461,8 46% 46% 46% 46% 461.1 .463.1 463.i *4434 40% *47% 473.1 4734 48 4734 4734 48 48 48 48 *47 49 *31 3134 31 31 31% 31% *36% 31% 37% 31% 32 31 59 59 5834 5884 59% 51% 1,600 ; 200 Jan 2 Jan 57 June 150 170 - 4Hs.-i..4.l 1st mortgage ;• 3 J 28% Feb 1 1 60% Jan May 131 2Q 2 48 2 31 500 311" 900 International Shoe.._.No pat 27% Jan 38% 100% 500 ,_38% Feb* 5 s. - 37% *3534 100% *90 100% *90 100>8 ♦90 37% 371,1 3734 *35«8 *90 2% 2% 2% 2% 9 9 9 93 2% *2% 6*800 100 9 9 9 900 *94 97 *94 97 50 *8% 87S 29% *29 2% 2% 2% 2% ~ 9 . $7 *129 - 2% : 87g 29; *129 *129 *90 *2% 2% 2% a9 *94 9% *878 29 29% *29 30 *129 - 97 *94«, 9 9 878 8% *29 2% *2% 834 93 93 93 21.1 2*8 834 2% 3734 100% *90 100% *2% 2% 2l4 37% 37% *29 914 400 29% 500 *9 91.1 29% 29% *129 *129 -- .—50 7 % pre ferred.......... 100 Stores.No par j_ 100 Pre ferred A 2 A ,1^ O 13% ...-1 *6 6% 563s *55% 122% 123 23 23% 23 2234 78 76 76 10% *9% 10 *76 *9% 100 25 6 ^ 63 6334 1,100 102 6% 6% 6% 25% 6% 25% 102 • *61 *61 900 25 6% 25% *6% 25% *101% 103 57 122% 123 56% 6% 25% 25% *10134 103 57 57 57 57 5784 *■ 57% 56% 57 *122% 126 *122% 125 *122% 125 *122% 126 22% • 227s ,2314 23% 2234 23% 22% 23% 6234 6^4 *61% 62% *60% 62% *61% 63 77 ' 77 77 11 77 77 *75% 77% < *9% 10 *9% 10 *9% 10 *9% 10 25% *101% 103 103 *1013.1 103 6% 25% 6's 25% 25% 1,100 30 Jewel ./ Preferred. Feb 111 Dec 1% Dec 9% Jan.2 5% Feb 14 -Feb 98 9 3 F -b Feb ,2 6 132 130% Jan 24 87 Jan 12 32% Jan 2 8% Jan 29 95 v- . 5% Jan 2 F b 5 6% Jan .. Dec 'Mar 23 K 3 109.% 5% 5% *11834 *11884 *5%-* *11834 - 378 4 37g 3% 378 ,*20% 22 *11 12 20% *lli4 20% 12% *20% *11% *100% 103 *100'4 103 *7% 8 8 *7% 102 *96 11% 117s 11% 4% 5 *434 100% *7% 102 *96 5 . 14 Minn Nor DIv 1st 4a.. 1948 A O & Ga Dtv 1st 5s.1956.M N (NY) 1st cons g 5s—.1995 J J Jau55 3 L6% Dec 64 V Jau 6 300 5% pref series B conv. _I00 76 Feb v2: 79% Jan 3 984 Jan 14 *11% 47g 3.400 400 200 *4S4 *96 *11 102 11% .11% 11% 47g *484 4% . 102 *11% ; *91 10 100 12 4% 478 102 12 478 *11% 4% "*700 600 •! 11.,; • Jan 20 ,8% : < 22 2 17 Jan 100% Jan 21 Jan 7 Jan 27 8 cl A. I B.—-1 . "lY Jan 3 i 4% Jan 9 12' Jau 14 34% 34% 34% 34% 13 13 13 *26% 28 *26% 2% 38 22 2134 13 37% *3% 384 *3% *24% 25% 24% 28 28 13 28 2% *2% 38 38 21% *3% 22 24% 24% 28% 4 24% 28% 28 13 *26% 38 22 21% 3434 34% 28 2% *2% 38% *2% 110% '*103 110% *103 283,i 4 ■ 110% *105.% 110% *105% H0l2 34% 35% 34% 31% "34% 347S 13 <13 ' 13 13 123.4 12% *26% 28. *26% 28 *26% 28 2% 2% 2%- "2% *2% 2% 39% 40% 38% 39 40% 40% 21% 22% 22% 22% 21% 22% *3% 4 *3% 4 *31.4 4 24 24% 2434 -,24% 24% 24-3g 2834 2834 ,128%' 2878 *28% 2878 Kendall Co 85 pt pf A ..No par 10.800 5 3 Jan 1(100 "666 490 4,200 Kinney 10 Kresge Dent Stores.. 2,700 1,300 29 33 preferred...No par Kresge (S 8) Co.—.; 37% Jam 3 1234 Feb 27% Jan 24 134 Jan (G R) Co—....—'--1 85 prior 105% •Jan20 34% Feb .~~.No par Keystone Steel & W Co-No par Kimberly-Clark-———No par 40% Feb Feb 1 28 27 Jan <24 Jan 1 9% *9 30 12% *8% *17% 9% 18 9% 32 *8% 17% *24 32 12% *24% *12% *12%. 12% 1% 11 207„ 22% 43.4 23% *71 73% *175 *18% 207S *12% 23% 73 19% 10 Laclede Gas Lt Co St Louis 100 Lambert Co (The)....No par No par 9% 19 9 300 Lane Bryant *18 19 500 23% *23% 23% 100 Lehlgb Portland 112% ll's - 111 334 334 U4 1% 1% 115s 11% 11% 11% -t2° -20% 2034 20% 1234 20 *12% 19% 23 22% -20% 01 0 13 2234 22% 4% 434 4s4 23% *22 2434 73 *72 73 74% 74% 179% *175 19% *18% - 20 74% 24 *72 74% 179% *175 19% *18% " 9 100% 109% 3% 3% *109% 112 334 = *12% *19 112 *9 3% r 1% 434 24i'i *23% 73 *71% 4% 74% 73% 179% *175 19% 19- 3% 1% 1% 12% 1% 12% 13 207g 12% 19% 23 4% 24% 73 21 21% 12% *19% 12! 20 200 1,600 Lehigh Valley Coal....No par 4, lOO lOO lOO 4,700 Jan 8% 458 24% 721-. 72lo loo 73 73% 1,600 74 179 175 19 175 200 lOO 20 *48% 600 30 ti*GaCaro A Nor 2% 26% Sept 9 9 Jan 7 29% 16% 55 14 16% -28% 32 20 -28% : 1956 J m 98% *79% Jan 16 1% % 8% 6 2% -1084 Jan 9 12% Jan 8 21% Jan 14 1234 Jan 21 20% Jan 14 23% Jan 29 6% conv preferred.——50 Lerner Stores Corp....No par 19 Jan 3 Libbey Owens Fcrd Gl_No par 20% Jan 5 Llbby MeNeill & Libby.....7 Life Savers Corp.— .—.5 4% Jan 2 21 Jan 29 Liggett & Myers Tobacco..25 Series B —..25 Preferred —...100 69% Jam 3 70% Jan 2 Feb cr!9' 18% 119% 3% 5% Jan20 33 13 , lstgti5s..^. 1947 J D A—... 1961 J Aug J Dec Doe 45% 3 1973 J J 1976 3 J 86 m 1946 3. J 1967 J J -.. ^Debentures ctfs B I' •7% 39'" 31 102 94% 97% 86% 87% 13 86 89 86 H 86% 86% ■28 84 os m 98% 99 43 96% 96% 97 27 95% 93% 77% 78 51 75 '■> ♦62% 9% Feb June 175 Jail 6 174 5 19 Feb 5 •17%^ Dec 05 10% 91 90 % 87 6»%: 71% 69 72% 55 J i J 57% 51 59 103% 103 % 11 110m 110% 110% 10 H = : 05% 90% *92% J A ./. 124% loom vl N D 33 33% 44% O 12% J 101% ♦AdJ Income 5s...1—..Feb 1957 A 2ser A —1981 J 1 120 6 3 77% 102% 102% -. J • 75% 77% 5s —.=-...1949 MN F A Hudson A Manhat lst 5s A.. - .1957 21 125 100 , () MN Hudson Co Oas Istg 21<June 103% 103% 109% 110% 1 .13 4J^8-...1999 Hoe (II) Co 1st mtge. —..... -1944 IS^Housatonlc Ry cons g 5s_ .1337 Houston Oil 4 '4 s debs . i .... i 95f H udson Coal 1st s f 5s ser A.... 1962 Hocking Val lst cons g Jan 6 79 V 95 . 103 m Jan Jan 87% 99% 97% 9% 9% • — — 63 69% J lst A ref Term M 5sstpd —— 1952 J Gulf States Steels f 4)^8----.. 1961 A O 1969 A/N Gulf States Utll 3 Josser D Jail 189 . ... f*s,* ? - *55% Jan 96% 105% 106 105 101 % 14 J Jan Feb 99% 81 j 96 % Fe b ctfs A. 6 106 J 96 ' _. Jan Do; '19 ' . ♦90 14% Nov Dec 93% 80 95 Gulf A Ship Island ltR—- 27% Sept 98 64% 132 99 • J,. 106% 101% 1952 J .,24% Sept Dec 17-5 Lily Tulip Cup Corp...No pat v- 64% Nov • ♦99, D 195(1 A 5^8 B C——... 1950 A Gulf Mobile A Ohio 4s ser B... 1975 J 2015 J ♦Gen mtge Inc 5s ser A —— 26% Oct 116% Jan 5% Aug 31% Nov 3 Jan 73% Jan 12 74io Jan 5 .;= Jan Feb ..,'-218 July 14% Sept Feb Dec 11% 9g 8 J J General 45^sseries E.——. 1977 3 1946 is J General mtge 4s series G— 27»4 July l07i^Dec Jan 26 13 I) 1946 \{ 5s w w. r. 90 Dei 98 96% 15% 95 1% Jan 20 7 9.7%,97.% O 4 Jan 83 25% (J 113 6 2 100% 69 16% 97 m lst mtge 5s series Jan 2 10C% 83,, 28 m General 5s series C- —— —. General 4>is series D , ; r-> Jan ,17% Sept v.19%, A or Jan 9% "2% 2% D Gulf Mob A Nor lst V. 14% 1 10% 2% 1% 2% 100% 82 64% 8% : 8% . 100% 45% July 4 234 Jan S ,"1 , 2% 2% 100 m Dec •,,14% Sept 9 18% Feb 23% Jan 3 10% *2 % - 95% *57% 63% I 8%" ;.; 9% = ;.106% 88% 95 60 _ lstext68...1934 series B.—. General 5 28% Aug . 5%> Feb ,Jan 17% 10% 106 107 91 ♦50% 63% •■9% •.*' 9% J Oswegatchle lst 58. —; 1942 Grays Point Term 584 Sept Feb 24 *• Feb > *106% 94|% J Great Northern 4 %s ser 3% July 40% July a:22% Mar •: Jan 23, J Jan 38 . .Dec ,21 V Jan 14 106 106 98 J Gotham Silk Hos deb Gouv A 14% July Dec 12% Jan 14' 934 Jan 19 2 105 86%' 90% 48% 56% .... v.: Jan Dec 22% Jan 109% Feb Lehman Corp (The);--—jj;.;.! Lehn A Flak Prod Corp.—..5 7,000 11 Jan 2 ; 167g Jan 23 Cement...25 4% conv nreferred——100 JLehtgh Valley RIt ...50 3,000 11,600 22% 4% 24% 22-% Jan 30 11% Jan Lee Rubber A Tire.';— *227g 9 27 V 5% preferred —........100 "706 418 434 18% V 9 2234 179% *175 12% 23% lu¬ 20 74 9% 32 12% 18% *12% *19% 2234 *72 73 tg *25 9 23% 4% 12% 18% 22% 434 22% 9% 32 *12% *22% 9% 35g 13 *19 20 *9%" i'r 9% *25 12% 18% 112 11% 208* 13 9% 32 22% *8% 1% 11% 21, *12% *19% 1214 18 1% 11 *9U *25 22% 9% 17% *22% 23% *22% 23% *112% 114% *112% 114% 384 33t 334 *3% 1% 9% *9 405 J •Green Bay A West deb *9 104 9 200 55% J Goodrich(B F) 1st 4 -11% 5 *96 : 89% 64 62 J 4sseries H.— Gen mtge 3 ;Xs series 1. - — *12% 104% 58% 56% 105 88% 54 % *105% S D J Co cons g 53—1949 Castings 5^s w w-1949 t^vJeorgla A Ala Ry 5s...Oct 1 194j (Jen Steel ' Apr •18 ;' ,.^1% Dec 23% Feb 2 29<2 Jail "1 54 % M N Gas A El of Berg Jan Aug 1S(1%, i :-25 =22% Jan 9 3% Jan 23 Jan 104% , Mar 98%' Feb 406 3984 July 30% Deo 5 5 105 89 X ♦certificates of Gen mtgc *24 63% Aug .6 Mar 3 Jan 2%' Feb: 3% Jan 19 — Co..—-No par Kroger Grocery A Bak.No par i. 13% Jan 14 Jan ,21% Kress (9 H) A : ; 1434 Aug 6% I>ec 95 - Dec £ 9% Dec ; 4% -Dec C'i Jan 105 Kennecott Copper. 104% 63 103 22-34 Aug , '■». 110% *103 *103 ,1 J 12% Jan 121% Mar Dec 100 100% Jan 13 % 7 ....- 5 1956 deb—.1961 Fairbanks Morse deb 4s Firestone Tire A Rub 3s Sept I>ec 13% ,9% Jan 27 11% Feb M 3%s. —-.1971 deposit—.-— tFonda Johns A Glover RR— MN §*2-4s (Proof olclaim)...—1982 ( •Certificates of deposit. S~D Food Machi iery Corp-3s debs. 1956 Francisco Sugar coll trust 6s...1956 MN il'16% June V 2."De- Jap pr._ 100 Kelsey Hayes Wh'l conv Class 2 2®4 Jan 10 5% conv pre ferred—...-100 Kayser (J) & Co.. Keith-Albee-Orpheum 103 "99 %. 100 " 14 100 *63 Co— -/ J 4%s series A ——1957 J J scries B—c —.1995 J J Gen mtge Inc 4 !^s series A. .2015 M N ♦N Y A Erie RRext 1st4s..,1947 t* Florida Cent A Pe anln 5s.—, 1943 ,/ 1> tFlorida East Co^t 1st 4Ks-. . 195!) ♦lst A ret 5saeries A- -—•—-.1974 M S 4% Dee 118, Jap,16 4% Jau 27 Jan 16 16% Jan Stores.—..1 108 102 *104 1st cons M 4s 111 . Dec 7 6 2 5% Jan 118 4% preferred—......T-100 Kaufrnann Dept lOO* .........1965 .4 O .27% July *? 67 Aug 86% July ,* 59 ;r Oct 64% Dec Furn.—lO Kan City P A L pf ser B No par Kansas City Southern.No par 108 160 Jan 2434 Jan Kalamazoo Stove A J'"-' ioim 102: 1st coils M . 141% Dec '«49% -Dec x 71% Sept Feb .122 : .Nov 128- 2 900 , 23% *108 102 Dec Jan 5% *11834 109% Jan 44 5% .107-8 59®4 Jan 14 124 Dec * 5 6! .. 102 *96 1178 5''g 5% 5% 5% 5% jCii *11834 *11884 .... i4 1 4%. 4% 4%" 41.4 4i4 4% 21 21 20% 20% 20% *20% 20% lllo 11% 12 11% *11 | *11%" 12 100% *100% 103 *100% 103 *100% 103 7% 7% 8 *7% 734 *7% 7% 534 107 93% Erie Railroad Aug Aug 9% 3'D4 K 534 17% 93% 102% 103% 106% 107% 15% 23% 108% 109% 103% 107 J 40 17% 193 m 19% 108 H 0 J 93 m 102% J 5ustamped.. ' *5% 40 17% '.VI7% *93 Y A 134% Aug 31%. Dec 5 33% Jan 107% Jan: Jan 10 55% Jan 23 122 Jan 9, 22% Jail 10, 1 36 40 Elec Auto-Lite 254b debs — ....1950 J D Elgin Joliet A East Ry 3^8....1970 M 8 El Paso A S W 1st 5s—. .—- -1965 A O 3% Sept 7 ^Feb 26% 124' Jan 20 5% pref series A.......100 - 104 Sept Jan 21 Jones A Laughlln Steel.No par Joy Mfg Co 1,oh Ry-3^s..l962 Sept 100 ' 111 1 103% 15*Dul Sou Shore A Atl g 53... 1937 Duquesnc Light 1st M 3)^8 —,1965 104V. Oct £ 33s Sept 2>%- Jan 14 5,200 , M N 5% 83; 111% 109% 110% 103% 108% 4% 78% 2 21 110% 1% 14% 1% 11% 3 im 79 103 .V Dul Mlss A Ir Range 53 63 mm ... 2 1% 54 1 % 14% 110% M - Ed El 111 2% Jan39 25 No par 100 4m 107 10% ,15% 15 10% 10 - 2 ; 79 m 111 East Tenn Va 2 101 — 1 u vi 1) Oct 2 .100 ^ %' preferred Johns Manvllle. 14 m im 13% "79" S -----1995 Detroit Term A Tunnel 4 J# - - -1961 Dow Chemical del) 2 %s - - - — -1950 -- - — 15'3 14% 1> Jan Jan Tea Co Inc.....No par 4 M J 49 Jan 93 1 Co Jarvls (W B) S 0 lien g 43—1995 ♦Second gold 4s 105 106 .13 J M I) Ohio Dlv 1st mtgc 101 J A J Detroit A Mac 1st 51% 01% 106% 107% 104 105% ""*2 Oct 1% 1 104% • • 31% May ,25% 93% , 101% 101% 339 Oct 834 Jan 28 , Intertype Corp *..No par Island Creek Coal... -.1 . Jan 26 27% 104% 106% 23 101 m M: 13% A 48% 2 .Foreign share ctfs.. .No par Interstate Dept 39= 105 ,60% 104m *ioim F. 49 Feb 95- .-Jan Inter ''1 Telep A Teleg.Ni par $6 preferred —.. i .j.. . .... 3584 Jan 13 International Silver 26:S 87 *io6-m F East Ry *31 87 . 2% Sept Apr .32% May Jau 26 . 27% v 73% June 51%,Dec 1% 23% J 1955 plan! - --- ♦Assented (subj to B..Apr 1978 t*Des M A Ft Dodge 4s ctfs..-1935 t*Des Plains Val 1st gu 4HS--.1947 DetroltFldison 4s ser F —1965 Gen A ref mtgc 3 Josser G—-1966 Gen A ref 3s ser H ..—— —1970 Sept 5 31 27% J ♦Ref & Imnt 5s sejr Jan Feb 46% Jan3G 31 J -1969 J s3 l*I>env&RG W gen 5s-.Aug yvv>«* 313a Sept ADe? 1/ 2% Jan 26 9 44% Jan 45% Jan 23% 31 m 59 m 14 -i July 23 1078 32 27 m loim 14 Dec 4 . 125= 5 34% 30% 25% J J Jan 51 30%.'Apr 1% DO - 4 1584 Jan 30 29 2 ♦jot m; *59 Y J V Jan 2%' -Dec . Jan 21 129 2 5738 Jan ' 104% M N J Jan 13% Nov Apr Jan 31 3 i 2 ;: Jan 12 .No par 5% preferred...-100 International Salt.....No par 90 6% 1 10 2% Dec ■ 32 29 m 87 AO —1936 J July .".'—% 57% Fib -»6 Jan 21 14 5% conv preferred......100 Inter Rys of Cent Am. 7 2 26% 12634 a._100 ... Jan 2% Jan Internat'l Preferred.. 14-34 *1?8 58% Int 2,900 28% 14'i 59 59 5 131 *129 11% Jan 3 28 131 I1438 1478 14% 59% 5834 28% J *129 131 *129 145s 14% 2834 2784 131 *129 131 *128 131 14 27% 27% 27% 27% *128 56 234 28 34 .55 10 400 10% 2% 57% *2% 2% 7,000 Hydro-Elec Sys class A.25 Int Mercantile Marine.No par % *% 10% 2% 11 1034 238 . *i9 16 : 29% *29 D -. ' ! 6 27% 26 27 J - Jan Dec May 42% 31 23% 29 m t§*Den & R G 1st cots g4S-1936 {♦Consol gold Dec Jan 6 < 26 32 J j"D; -1965 J Rv 3 %sser B & ref.4s.,. -1943 -1971 Del Power & Light 1st 4^8-. ,.1969 :/ 1st & ref 4%s... 27 •? 14 2714 J — ..... Dayton Union Jan Dec 9 High 22 3014 26% 26^ 1946 j"d to Del & Hudson 1st 7% Sept Sept .'Feb 167% Jan 16 Preferred..............100 13% Dec 6 19 Jan 1 No. Low High 29 1952 mtgc 3s.. -1970 Dayton P A L 1st Jan 5 i.10% Jari 30 Jan 90% Dec 23% Jan 27 111% Feb 3 6% Feb Jan. D 4% Aug 21% Jan 9% July 161,'a Jan Sept : 140 46 .i Feb 63 4 Jan 14 126 100 154 Jan 12 3.51 % Jan =5 Fib 4 i 52 Int Business Machines .No par Internatfl Harvesters..No par • 20% May ; 2'j'g July 85% Dec 111% Jan 2 ;6% Jan 500 6,900 Aug i 45% May Dec 123s Jan 14 Jan 23 6% Intercont'l Rubber..'..No par Interlake Iron. x]3% .5 V 4 74% Feb 8 -7 157 5 20 No par ——100 Dec Jan 100 24 Dec 2 Since §1 10% Aug Dec 11% De 31" 5 6% 16% Feb 4% «,• 5 24% Jan 91% Feb 600 2,600 Jan 2" 2% Jan 14% Jan = 7 8% 7% 7% 129% 128i.t 128% 51 51% 52 160 *159% 160% 8% 129% 52 *158% 160 5034 "MOO 100 22 • *21% *110 111 400 4%.—__; 111 *6% 22 8% 8% 7% *8% 11% 6% 6% 111% *110 *110 5,700 1,400 8 *3% 16% 1134 11% *6% 50% 497g 7% 18% 3984 3% 16% 1 7% 7% 7% 129% 129% 129% *128 161 *159 161 *159 8 26 *22 884 , 18 3984 3% 16% 1134 22% *8% 7% 7% 129% 129% 4978 50 7U 7U *126 16% *714 111% 111' *10984 Hl'2 *10934 Ill's 8 8 *8% 8% . 3% 16% *3% 1134 7 • *22 23 *22 23 -11% 11% 11 % 6% *6% 95 157% *155 72% 73 72»8 m 11% *82 26 96% 7% 73S *16%, *714 734 25 *155 72«4 7212 . 16% *7I4 1571 *155 73.1 39 '7% 7% .714 8 6% preferred series A...100 5*8 Jan 1434 Jan 2 18% 39 1714 38- 7% Illinois Central RR Co....100 7-"s 18 39 17>2 38 7U Range or Asked 26% - 26 % 3s deb..-1955 Curtis Publishing Co 38 30 D J ...... ♦7 Hs series A extended to 1946 ♦Deposit receipts. —....... ♦6s series B extended ; 1' ♦Deooslt receipts — *17 A Low ... ... - -.. ♦Cuba RR 1st 5s g-.i— ♦Deposit receipts.. 21% Sept 15-% May 5 34 Jan 20 Bid Jan ,1% Dec F^b 3% Feb ♦Deposit receipts.. Jan 3% 5^3...;...1942 ♦Cuba Nor Ry 1st share $ per Share per 2 Feb. % : Price Rame 'Friday's ; Railroad 8c Indus. Cos. {Con.) $ per share 3g Jan 2 5% preferred....-..,..100 Hud Bay Mln & Sra LtdNa par Sale High" si Lowest Highest | ■ Last BONOS STOCK EXCHANGE Week Ended Feb. 6 ;• N. Y. , ' ' $ $ per share °1« % 5s *9i« 3 per share ? per share $ vet share On Basts STOCK Week Feb. 4 Feb. 3 YORK EXCHANGE Thursday Wednesday i Tuesday Monday Saturday Ranye Since JanJ '1... STOCKS Sales SALE PRICES AND HIGH v 1 38% 100 120% 17 43% 211 12% 12% 189 101% • 44% 101% 52 122% 120 98% 100% i 77% j 61% 102%= 104% ! 35% 119 36% 8% 39 %r 120% 45% 13%) ■) 29% 2934 30% *33 31, 34 31 *333.1 10 10t 10 10 *9% 1334 14% 21% 14% 2934 30% 31 34% 30% 32-% 31% 32% *331" 34% 431% 317g 10 10 10 10 *1334 14% 14 13% 13io 20-84 14% 21% 21 % 21% 21% 22% 3934 39% 39% 40 39% 40% 41;% 3934 4134 41 41% 4134 42 42 4 4 4 41% ' 13% 21% 40% 41% 4 4 3% 17% 18% *1734 1834 18 18 18% 15 15 21 39% 15 147% 147% 17 17, *72% 74 *378 *17% 15 15 4 18 145 1734 *72% 75 17 151.1 14% 145% 146 M44% 17% *16% *167, 73% ♦16% 145 17 146% 1463,1 73% *74 15% *15% 75 74% Lima Locomotive Wks.No par 200 34 *9% 14 12,000 32 31% x3\ 10 Link Belt Co.—-No par 1,400 1,200 Lion Oil Refining Co.—No par 10% 13% 21% 40% 5,000 4,800 41-% 2,600 Lone Star Cement Corp No par 3% 3% IS'i 18% 18% 15 14% 14% 150 *144% 150 17% *16% 171o 74% 74% 74% 1,400 Long Bell Lumber A...No par 22% 40% 417S 21% ' 40-38 41% 4 900 1,400 Jan 3 2 323s Feb 3 Jan 9% Jau 24 j32% Feb 6 1 34 xlOh 4 x20 Jan 21 20% Fib 2 Loew's Inc.— 37 Jan 2 39% Jan 2 3% Jan 2 17-% Jau 20 Loose-Wiles Biscuit .....25 80 Co ...—10 7% preferred.-—;......100 300 Louisville Gas & El A—No «ar 600 Louisville <fc Nashville. = Lorillard (P) 2 14-% Jan Apr 16% 39 <8 ; 1% 45% July Dee lst -lat 334 Dec 19 Sept 19% Jan Jap l)ee De? 162 8 15 Dec 22 76% Jan 26 60 Feb ... 4sj..—3—..--1951 -/ J. gold 3Hs--— .— .1951 J ♦91 % J O 2 18% 68% Jan 2 Jan 30 *82 ..1951 Extended 1st gold 3)^8 lst Jan gold 3s stcrll ig.-.-l — —1951 Collateral trust gold 4s. — — Purchased lines 3Hs-.—"... 1952 J *31% 20% *12 *26% 4% 22 22 2134 *21 *125 .... 32% 3 2% 20% 32% 20% 13% 20% 13% *12 2634 27 4% 22 *125 4% 32% 32% 20% 20% *12 2684 26%. 4% *20i» 221 *21 *125 13% 26% 4% 32% 20'% *12 26% 32% *32% 6% *5'-> 6% 4% ♦5% "6% *5% *15% 16% *15% 16% *151-. 16% 1% 1% 1% *1% 1% *l's 1% *3% *1 3%l 3% 3%l 6 6-6,6 i*12 3'i 12 12 22% 23 t 4%, 23 4% 4% 26%i 23% *25-34 . 26% 23% 4% *25% 3% 3% 7% 12% 23% 4% *26% *23% 12% 12% 23% 23% 4% 23% 4% 13 *26% 27% 4=% 6% 20% 20% 4% 4% 6% *5% *15% *1% 1,900 Macy (R H) Co Inc...No par Madison Sq Garden...No par "666 Magma Copper...>.10 4,800 .V) par Manat 1 Sugar Co.. j Mandel Bros 1 9 Jan 3134 23% 131 Jan 27 35% Jan 2 21% Jan 2132 6 -13% Jan 27 2 3% Jan 2 27% Jan 28 4% Jan 33 24% - 13% Jan 3 Collateral trast gold 4S. <1% 1 Jan 2 1% Jan 31 3% 7io 7,400 Marine Midland Corp..——5 3% Jan 2 3'» 11% 23% 4-% *26% *23% *27% 11% 23% 12 12 22% 4% 26'o 23% 4% 26% *23% 23 4% 26% 23% 2734 2814 27% 174 *171% 174 4,430 800 3,100 1,000 1,800 Market St R.V 6% Martin-Parry Corp MasoniteCorp No par .... Mathleson Alkali Wks.No par 7% preferred — 100 1 12% Jan. 26% Jau 4 25 ' 6 % Jan 26 u -34 72% 5 Dec 1% May. Jan ; r , Jan 21 23 Jan 23 27% Feb 6 171% Jan 26 3% 7% F ib? 5 . 7 6 6% Jan 6 28% Jan 30 24% Jan 6 291* Jan ,6 176 Jan 13 '11 . v Dec 3s 334 21% Dec May Dec 24% May 171 June Jan Jan „ III Cent and Chic St L A N 1st A ref 4 I nfipiratlon Cons Copper 4s de b 4s . F..196I .... i. Jan Sept, .31% Sept- i=7 6 44% 126 39% 43% 4 38% 39% 48% 38% 45 35 81%,' 43 59 > j 44 43% 44% 52% 52% 44% 54% 45% 81 % 81% 5 71 54 03% 56 H "*3 53 56 %. 44% 44% 11 40 45% 5 31% 44% \ 45% 43 50 I) *54 44% 44% Augr For footnotes see page 44% 49% *75 185 40 m 54%: 46%; . i 6 j 85 60% .40% *56 * *0*1% 61% 47% 213 42% 43% 143 *74 % 75% J 26% 26% M H *108% D 627. .. 1952 194 7 47% D series C Inland Steel lst mtge 3s ser 28 48 > O— A—-...1963 1963 Ind III A Iowa lstg 4s... 1950 t*lnd A Louisville lst gu 4a:... 1956 Ind Union Ry 344sseries B.... 1986 ; 1 nterlase 1 ron con v 28% 48 > 45 43% 70 47 44% MN Joint 1st ref 5s scries , 32% sept Jan- ,12% 42% *30 MN J: 17% 8ept. Dec i20% Dec ■19 5% 11% - ' 22% Feb 1 No par 1 Jan 434 Jan 2 11% Jan 23 pref..100 Martin (Glenn L) Co..... Master Elec Co 1.000 pr Marshall Field & Co—.No par , * Maracaibo Oil Exploration... 1 3% 684 14% Aug July 31 Feb .-.4% Dec 7% Aug Dec 46% Sept Apr 90% 44% J —1953 1951 St Louis Dlv A Term g 3s 1951 Gold 3^s--.—1951 Springfield DIv lst g 3 1961 Western Lines listg4s .1951 Omaha Dlv 1st gold „ ' 5% 12% 90% 48 LoulsvDiv A Term g 3>^8. Jan Jan ....1953 1955 40-year 4%s_-. —————1966 Cairo Bridge gold 4s. 195C J Litchfield Dlv 1st gold 3s....1951 3-5% Oec 29% Sept Apr iO%'-D8c 6% Jan 15 16% Jan 26 Jan 24 6 ....25 138 117%, De-: .11 Feb 13% Jan 22 Jan 31% Dec Dec 23% 2 200 7% - 19 i Jan 12 Jan 22 Jan i 19 .....No par Manhattan Shirt. 3 21% Jan 129 1% 3% 1 ..100 Mack Trucks Inc 16% 3% • 6% preferred— h J6h * 26% 26% 261" *23% *23% *23% 23% 23% 28% 28% 28% 28% *28% 28% 28 28% *171% 174 *171% 174 *171% 175 *171% 175 *171% For footnotes see page 626. 32 4% 12% 23% 4'» *12 27- *15%- 16% 1% 1% Mac Andrews & Forbes... -.10 l'ooo 32 *514 , 3% 6% 1'2%] . 4% 6% r\ 200 26 6% 16% 221 .... 32% 20?g 13% 20% 13% *5% *20% *125 *12 20% -261 *15%. 4% 22% *125 94 F. A M id S O Sept Refunding 5i— 21 s4 A MN : l M Refunding 4s......i—ic.—1955 >:■ * .1952 Jan • 1 *32 A gold 74% Nov Jan Jan 29 100% 102% Illinois Central RR— Oct Apr 35 Illinois Bell Telep Jan 31% SeQt Apr May 1384 15% 149 100 19% 28- 12% 142% 141% Jan 14 16% Jan 13% July 13- 42% Jan 2-1 4% Jan 24 18»4 Feb, 6 No par 37% Dee 24% Jan 6 41% Jan 27 13% Dec May Jan ?V 9% 10% Jan 13 15% Jan 3 Liquid Carbonic Corp. .No par Lockheed Aircraft Corp. —,_1 k 30 43% J 40% 37% 48.%41% 70 74 20% 26% ■ 108% 108% i A O 10 im 104% A O 101 m 101 % 104% 101% A O 100% 100% 104% 105% 99% 101 %: 99% 100%'. Volume Number 4044 155 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD Frldaj Is BONDS N. Y. STOCK EXCHANGE NEW YORK STOCK RECORD Week's Last Ran Qe or Sale k. ~ 5 tu Nfa, Week Ended Feb. 6 Hid o ♦Adjustment 0s j- ser Low Jan. J 144 134 A.J.July 1952 A O 14 14 ♦1st 5s series B 1956 J J Monday J 13 .. Internat Paper Sssor A A B....1947 Ref s I nt Rvs Cent A mer 1st 5s B 1st lle*i & ref 6 MJs. Telep A Teleg deb Debentures 5s 141 284 1044- 1014 105 27 89 80-- f*Iowa Ceut Ry 1st & ref .4s„. 1951 M 7 ••x.'z 444 45 454 47' . 1 S 14 share rer ,41 424 *U2 '' 1% *'•6 *10 D 85 904 904 974 35 51 46 4 4 38 H 4 .154 13 14 53 4 954 534 J 5341 90 5 11 14 11 i4i \ ♦U 107"4 110 t 104 ' ' 43 •Certificates of deposit...*. 45 Fo Kansas'City Sou 1st gold 3s.. I960 Ref A Impt 5s....i.....Apr 1950 Kansas City Term 1st 4s....... 1960 • \ ■. / , i i*70 ' 72 ' ■ f 43 59 634 27 h 424 J • J 1114 1114: 404 so 424. 85 1 38 :• nbm Kopi>ers Co 1st mtge 34s.... 1961 M S Kresge Foundation 3% notes.. 1950 M 8 104 toiM 5s ctfs...... 1959 M 8 38" ' 654 11 u .,114 103 4 1014' 104 4 4 '4 ? *124 ;-,"82M V,814 8 2 f *2v, 44 Ref A ext mtge 5s.: Coll A ref 5 4« series C—... / 4 O 1942 Coll tr Os serles : 734 73 M Coll A ref 548 series 1)....'. 1960 F .A 1942 F Coll tr 6s series B—— "77 A 1942 F 98 94 94 1953 FA < f 93 9 4 ':.J:7iji 724 - 7* -734 •: 7.3 4 A 83 f 27 98 i*: *7 *21® 24 814 $ 124 7 81 4 214 24 70 - .. 83 : 5h extended at 1947 J ./ I) *854 904 T- 53 19 *79 4 83 4 054 '! 9o4 95 ■88 83 Dec Lehigh Coal A Navs f 44s A..195s J Coos sink fund 44s ser C..1951 J ? Ix'hlgh A New K ig RR Lehigh A N Y 1st gu g J 4s A.. 1965 A 4b-....1945 M 36 75 % 70 5s stamped....... ......1944 1st A ref 8 f 5s.*........ 1954 F 5s stamped.. l .. 95 4 724 76 95 67 95 4 5 1st A ref ; ■ s 80 75 784 72:1 734 05 614 ' 75 F A Iuihlgh Valley N Y 448 ext ... 1950.J 494 i':58:v;65^ 5 0 634 58 484 62 1 57 62 61 , 614 Leh Val Harbor Term gu 5s 4.1954 '*■' 634 62 " .1974 ...... 22 58 6 4 73 494 J 52 h 524 5. 4sstarniwd modified..... ,.2003 .47 N 334 314 334 '42 4 48 4 j 52 4 20 33 334 >31 (/ J-ex A East 1st 50-yr 5s gu.. .,1965 A 1955 J Llbby McNeil A «dbby 4s... Liggett A Myers Tobacco 7s^ -.1944 A 354 82 29 334 16 31 32 57 A O - 1054 115 15 114 1 "%!% Guar ref gold is : ^.1949 At. 8 4sstamped...-.L« Loriilard (P) Co deb 7s..... v-1.944 A 0 '» 5s debenture-.-,——— ..1951 F A v. 1004 102 10 JH 07 Vj h 8 ^.41: 12m 83!% 109% * --!•>?- — 35 9 f% "4 114 ; 7 ..2003 -4 O —.200314 O ) 1st A ref 5s series 11 1st A ref 4s series D.-...--21)03(4 O 1st A ref 34s series E—-.2003 4 O 1st A ref 4 4s series C •/ 4sser B ext.—.1960 J I tjnlf mtge Paducah A Mem Dlv 4s....1940 FA 3s..*..1980 m a 10 1 4 Mo-Kan-Texas RR-..aNo 3,690 $4,'50 preferred.w^-.LNo . Feb 14 Feb 30% Apr 24 Dei 37 Jan 3% 21% 254 *U714 *109 1104 9.000 27 9% Jan 5 13 Mai 17% July Jan 14 17 Dei 384 5 86 Dec 6 34 N *v 3 Feb 4 1054 Dec 3% Jan 13 664 Jan ^6 8 2 Feb 384 Jan 1% Dec 52 Jan 16 12 •*, 8 6 Jan Oct 44 Jan 79% July 154 O'Jt 1 v Dei 124 Jan Jan 451® Feb 4 1 13% Jan 19 125 112 Dei 9% 26 84 ja 24 Jan 20 '3% Oct July Feb 91 Aug 1174 "Jan 17 110% Jan 23 251® Jan 2 37 .No par 17% Feb 94 Mar II84 Sept Mar 12.3 7 Jan " "Jan 21 115 110% Jan 6 27 108% June 28% Jan 40 118 Aug Sept Aug 1134 0*'t 241-t Dec 3ni« Jan 30 354 Dc|i; 434 Jan 284 Jan 9 21% Dec 304 Aug 7% Jan Dei Jan 2 30 5 ® 124 15 Jan Dec 77 -112 77 par Montg Ward A Co Inc.No par Mcrrell (J) & Cow 45 Dec 234 1% Jan. 2 Preferred series B..iNo par $4 preferred series C4N0 var 284 284 *40 4% Jan ' 120 Feb 16 8 .12% Jan Aug 294 Jan 15 304 Jan 16 7% Jan 14 5 5 105 Jan July 71 Dec Jan 101 4u Jan Monsanto Chemical Co.x—10 54 5% Jan IF 7% preferred series A. ..100 Mohawk Carpet. Mills;...—20 Jan 9% July 82 33% Oct 6% Dec 294 Sept Jan 2s "ar 710 13) 8% Sept 1094 274 May 9 60% Jan Par De; 2 • Mission Corp............710 *1164 121 12 74 *12 Motor Products Corp..No par Motor Wheel Corp ...5 490 25 25 ■34 34 Morris A Essex...........50 100 ,1'24 25 *244 1,069 74 124 : *7 34 : 1:1 110 1084 106 1,3,90 Mueller Brass 1,500 34 95 2 64 Jan 2 104 Jan 2 23 Jan,14 2% Jan 3 22% Jan Mulhas Mfg. Co el-ass 13,_____ 1 87 Preferred. 560 "109 509 Co.. — 1 .a...No par 50 Mu islngwear Inc.——No par Murphy Co (G C).....No Par 94 Dec 17% Jan 18%- May 1% Dec ] 244 Dec Jan 5% preferred..........100 2,699 34 46 2 Jan 484 Jan Jan 20 03 Feb 4 12% Jan 15 63% Jan 6 7 22 108 Murray Corp of America.-10 Myers (F E) A Bro_...No par 25% Jan 20 2 Jan 114 Jan 594 Jan 110 40 7j Jan 12 Feb 74 Nuv 4 Dec 34 July 15% Nov 744 Sept Apr 109 Jan 4% July 9% May 61% 5% Jan 20 30% Jan 15 36'4 Jan 84 1044 103 4 It 10L 10 104 334 64 6% g *74 8 8 I-4.4 5 44 'a 54 i3 12% 94 144 9 144 *1 69. 694; 694 144 : 91® U4 ;1478 ' *70 75 *13)-' 142 *135 143 *151® ; 16 ' G16 *324 3 334 4 V2,2 .24 514 S:34 t Dec 112 Feb 84 514 Jan Dec Jan '' V * >:4i2 *584 •614 3 9 ; 641 13 *13 9 *13 134 400 20 15 44 4'% 4% 2,399 71 70 4 704 129 1434 144 14% 5,509 1664 *169 24 7 164 >33 t 900 164 V 109 2-34 2% 2% 10,100 53 534 52% 534 6 6% 3,300 4,700 *62- 60 684 69 70 3 3 6% 3 154 9 *9 *6% 134 131,1 13>4 73 374 73 73 164 15% 164 -763': .»•, 82 (The) Pa—10 preferred —.....40 4% nrlcr preferred 100 6% prior preferred.. —.100 No par 900 ' National Tea Co... Natoni is Co—.. No par .,94 6l2 94 6J3 64 -.509 „. 13 13 *13 134 499 *70 73 *70 73 173 35 35 35 NebiC )rp- Netsner Bros Inc.... : > -•_ ' *32 *106 10 7 94 103 1094 *106 1094 *2934 •30 ; 2934 2934 30 10 > . 10 10 94 133 5 A'»" Jan 20 o 20% Sept 8% Jan 93% Jan 1)4 Sept July Feb 24 Jan 24 36: Dec Dec 26 176 154 Dee 14% Dec Nov 2 7% Mar 6)1® Jan 5 42 Dee Jan 28 4 Dee 10 8 For) Fob 6 64 0 Foo 84 *103 730 1,509 J-N0 23 Jan 21 par 1074 Jan 20 New York Air Brake.—No par 29% Jan 21 J 85 co nv preferred.. Jan 7% July Feb 164 Nov Feb 41 63 751® Sept Sept 43 Feb 34 Jan 9 g Feo 5 6 2 Dec 5 84 Deo 11% Oct 7 Jan 2 Deo 9% Apr 134 Foo 4 64 10 4 73 Jan 35 Jan 109 Jan 7 14 3J 314 105 224 11% Jan 12 5% F )0 254 Jan 2 1094 Jam 9 5 32 "4 Fen 194 100 July 7.94 Dec 4>% NJVi 4 3.) Fab 17 Dee 6 >4 Jul/ 110 Apr) Apr Dee Dec Jan Jan 31% 11% -.a -*23 83 7 3% Jan 5 34% Jan 2/ 1054 Jan 23 274 Jaa 6 8% Jan 2 ...1 Dec' Jan Sept 10% Sept 251® Sept Dec Jan 20 N'port News Ship A Dr Dock 1 94 >. 33 111 294 294 Feb 124 70 2,003 94 - *32 *105 in 8 De 16 > Jan 15% Se Dec 3% 58% 01 Newport Industries—.' *334 *105 2934 V" 294 94 94 11 De, 5 5-2 Fen Jan 19 1,900 *29 " 3% 74 17 Jan 12 9% 9i2 44 •' I. 35 *10.3:110 De 11 6 6 2 Jan 21 1,690 -294 Dec s 174 Jan 9% Apr 14% July 7% De 12% June 174 Jaa Jan 44% conv serial pref... 100 Newberry Co (J J)..—No oar 5% pref series A ...100 *32 10 3 / 3 xlO <• 3 6 35 3i. Newmont Mlul ig Corp....10 35 10 3 i 294 *70 Jan Dec. 14 146 20 '*344 ; : Jan 175i® 12% 164 Jan 12 Jan a9 Jan 20 *394; 73 1)4 28 103 2% Jan 14 8% Jan 16 6 Jan 7 ..—....No par De Jan ^3 324 Jan 2% Feo 5 320 71% conv Jan 484 5% 144 57% 664 .. National Supply 209 Jaa 16 National Pow A Lt....No par National Steel Corp. 25 903 ,94 142" Nat Mall A St'I Cast Co No par National Oil Products Co...4 2,500 63 *69 1624 Jan Sept 4% Jan 70"2 x'ho 2 2 13 60 par —.— 34 6 Jan 13% Jan preferred.No Jan 11 9% Jai*2* 16 Jan 9 Dec 26 -23 <8 Jan 2 Jail 7% preferred A. 100 6% preferred B_—.....100 142 *135 4i ...10 conv National Lead Co* 1664 143 84,50 9 Jan 7 Jan, 2 Jan 3 4% Jan Nat Enam A Stamp! ig.No par Natio ml Gypsum Co... 1 614 9 2 6% preferred-4.——.10 94 54 Jan 74 Dec 160% May 6 134 Jan 13 9% Jan 17 14% Jan ' 5% Jaa 14 2 13% Jan Feb De 6% 134 1664 Jan 14 15 Dec g 5% Jan 19 16 2 Nat Distillers Prod—-i.Noj.ar 164 64 • 5% 30 8% Jan 6 2 Jan 84 Jan 300 33 >3% 3% Jan 11 No / u? X503 3 0'® v 64 Register 18 8 164 164 154 2 214 334 * 5 21 684 , 3 9 • *S4v 6«4 164 334 5 6 % Jan Cylinder Gas Co...1 4,690 *9 Jan 3% Fjo Natlonal Can Corp:.......10 National 6% July 234 Sept 23% Jan 5 134 Jan Corp No var N at Cash 809 Jan 3 7% Jan 26 14% Jan J 1614 Jan.30 .......-1Q0 1,109 19% D3o 5% Jan *154 154 614 " 0134 *364 -034 ! 24 ; — Nat Bond A Share 2,400 9 538 94 • National Avi ition Corp......5 National Biscuit Co ..10 7% preferred 509 Dec 3 3% Jan coov preferred..w.-.eHI 154 *135 24 24 524 524 54 ""■•6 ,6 , *59- .9 . 234 .524 >4 +I44V154 654 v*24 v -94 51,. *33 6% xl% 4% Jau 26 ® Fob 5 24 144 13% 17 1 _ Nat Automotive Fibres Inc.-l 144 '14'% 22 1674 *160 164 /334 *31® V L ' *)'« ;■ 54 674 ;i 664 164 : *33 1,390 6,639 National Acme Co. > 2% Jan 20 - 2 Jan/2 Jan '2 3% Jan 17 Nat Dairy Products.._No par Natio lal Dept Stores-.No par 5 144 *135- 142 60 790 15 9 14% *70 1478 144 94 2134 154 44 44 *' . 909 '.•.. ; 5' > ' 5 •13 134 13 *0 2134 154 4715' •'54 5 7/ 54 .154 44 418 16 *1434 1+4 21 h 10 -an 6 44 1,509 6% 7,8' 154 154 154 154 15% 15% '1594 1614 *1594 1614 *159% 1614 94 22 . 214 17% .334 1% Jan par ... Jan 86 4 82 34 Liquidating Co. No N vsh-Ki 1 vl aator. Corp.. _o Nashv Chatt A St Louis...100 71 1044 106 *1064 • 17% 3% *64 1,06) 24 24 234 C2334> 2334 234 23% -21 2334 234 234 10) 10) 1014 VlO.34 10 34 -1Q9' 101 1014 1094 109% 1094 *30 ' 304 31 31 31 " 31 32 304 314 32 324 314 f,; 94 94 i 938 t 01 94 94 94 94 ". ; 94 934 94 94 t" 16 ,16 17 154 1534 16% !;'154:' 154 : *154 *154 174 104 i" 4 5I4 444 4)4 ! 4)'"4")4 47 454 454 474 53 494 51 14 134 3 134'134 | 1334 1334 +!3i2'134 *14 144 144 6 6 ; *54 64 ,, *5 *54 7 *54 *6 • 7; 6% :f 15 5. 15 15 154 *14 *1-14' 154 *14I2 154 *13 154 1.54 *1074 ItO '1074 110 107% 107% *1074.110 110 " 110 IO74IIO *.074 1174 *1074 ink -074.1174 '1074 1174 *1074 1174 >1074 1174 1034 4 10 I 82 g 17 4 64 17,399 11 934 51 17% 4% 34 Nabco 2% 434 24% *24 1 98 89 174 16S *69"; 73 100 24 *160 624 64 I -13 12 44 244 *160" 163 24 *9 93 V106 *9 - 16.4 .69 514 '■ 5 24 24 44 54 '114 *54 ■j. 54 *«A4- 15 "'*594 844 97 4 *..... *5-:. *>4 23 164 674 93 4 864 1044 924 804'V 1014 1064 8t Louis l)iv 2d gold y S6.50preferred...No 200 24 34 5' 4 v ...10/% 1034 95.4 95 4 934' J 2 Unit mtge 34sser A ext...-i960 i 1044 ' 44 170 142 2-4 f Louisville A Nashville RR— ; 990 290 Apr 764 Ma ; Nov 110 Dec 5 2 98 4% oonv pref series B.- .100 Minn M dine Power lm'4-..l 610 ; Jan 354 Jan 2 1034 Jan 19 2 Jan 2 8% cum 1st pref.-.-..-luo Mlm-Honeywell Regu.No "ar 70 1,100 174 34 *64 ;♦ *'438; 1434 54 *16- 70 16 1 115 79 9 110 144 *9 934 2134 f 22 ; "44 1214 12 24 26 pi 17 44 -144 *139' 1024 1024 90 914 92 974 914 974 — 12 2Yt om 83 >4 1945 At a -I w 974 121 : *33 *122 Ui% — Louisiana A Ark 1st 5s ser A i.li>6:) J.J Louisville Gas A Elec 3 4a.. —1906 M 0 Midland Steel Prod- —.No >w 800 32 6 3 5% Jan 12 14% Feb 5 194 Jan 2 Ml iml 190 Jan 21 24% Jan 26»4 Jan 5 600 24 44 23 ■' >214 *684 *160 ' 8 - . i-—" ' • iI 7 2-- *'44 114 1014 97^ ■•'• Merch A Min Trans Co .No par Copper. i 6 Mld-Contlne it Petroleum.. 10 t 3 Jan 154 Sept Dec 1014 4 Feb 109% Nov Dec 5% Jan 13 72 44 Jan 2484 Jan ;' 5% conv 1st pref.......-50 3,500 7% Feb, 70 Jan 23 26 Me 'gel Co (The).-„.„„-...l Mesta Machine Co 8 Jan 94 103 5 63 ,.__1 300 1°4 44 • . 1044 105 4 123 i >95 * Melville Shoe Corp 1,000 79-. 6. Jan 103 6984 Jan 22 A.No par w w.No par 30 24 *24 224 . 44 1144 115 121 4 123 *i02% J'L B ser 600 : 604 ■ *16 5/4 514 ll 1014 * » 0% July 37% Sept 74 Jan 14 5 1031® Feb 100 a—.-No par oreiTerred series S5.50 pref 2,800 7' 5712 624 *124 ,124 124 6P< 13 5*214" *100 ..1949 .1/ S 1...121949 4/ S — 111 344 " 364 • 1224 123 1014 Little Miami gen 4s ser A-— .-1902 MN tLong Dock Co 3%'s ext to..; -1950 33 574 114 105.4 114-4 -1951 F .4 6*debenture. Lion Oil Ref coov deb 4 4»-. ..4952 A O *394 34 "" 39 4 574 t *12 $6 *114 7'4 7" 27 274 74 124 2514 34 25 34 13 -134 134 134; 134 9 ' 9 9 84 9 9 144 4.114 >'144 V. 1418/144 144 ■* 5.5 *5 ". :. 54 -">) 14 ' 54 V-' 34 4 94 J 3> 8^ 144 : 394 344 V 714 ; *124 324 32 O — | "> " 26 374 3574 \1 N I-eh Val Term Ry ext os.._. ..1951 A Long Island unified 4s. I. (J 4 334 .... 27U *7 *124 :25v; 25 ^59 ■>3 33 S ...2003 *4s registered 5» stamped modified..*.. w.2003 274 V 44 ,.44 *9 stamped modified... ..2003 i/N 4 - 119 •V 304 : . ■ ) 274 *34 vi 74 124-124 9 *57; 50 h As registered—.i—... ..2003 J' , 144 Lehigh Valley RR— I .'2 44 *24 . Mead Gxrp--- 1044 Jan 3 04 Jan 24 1 6% oonv preferred 2,100 *624 .7 77 Dec Aug ' : ,65':. 65* f 5s............1974 FA 5s stamped 204 v M;T.cllftn Stores Co. 20 384 . 254 264 114 Jan 16 108% Jan 30 54% preferred-..-+--i 100 600 24 66 13 Feb 2 McKesson A Robbios Inc.. 18 300 . 24 - Jan Dec 984 Jan .1,300 ,-i-. "24 Dec A pr Dec 3 Jan 7 ' 101 331® • 144 May 16 6 3234 Jan 19 *1054 45^ V 224 784 — ] . 24 24 r' :*2's *24 24 44 v: 44 44 'V 44 234 224-224 *224 234 174 ; 174 r 174 174 i.7% ; 174 .? *34 134 >v34 ' 34 34 •v' 34 : 64 •; *84 ; 04 6. 64 '■ 64 74 74 ;• 74 74 74 ,74 15 ?g "154 v 154 15'® 154 1534 *158 1614 *150 161-4 +155 1614 • 100 " FA 384 28 107 Dec 134 3 62 62 6134. 63 63 60 124 :■>. 124 *1214 124 *124 124 61 61 604 614 614 62 62 *1084 112 *1084 112 *10814 1,12* ♦1034 11.2 *1084 112 5 *5 54 •54 54 54 ' 54 ■7 54 54 7' 54, 54 39 394 *37 *37 394 *37 334 *33 394 *384 40 *24 78 % 103 *77 .1.. .1954 f 1st A ref s f h.1964 | 5s stain|)ed. 1964 394 10">4 1054 *1054 *24 -2 3| -,+232 *6238 66 *62»4 ® 101 De1 Dec 8 103% 29% Feb 75 67 14 78 V *994 A 374 101 15% N Lehigh Valley Coal Co— 4 374 .224 1011 share 53% Se pt 2% Jan . 1084 Jan» 6 17% Jan 13 107% Jan 13 conv preferred--,---100 75 4 ~u: S *21:4 Dec 40 724 *954 O 36 764 764 7i"/i 224 64 144: *214 1 12% Mclntyre Porcupine Mines.-5 ' - 36 J 64 "144 7144 per 40% Dec 6 2 29 V 64 144 22 64 Jan 3 264 29 4 101 ♦100 :, 264 444 214 27'® 14 Highest I share $ 9(1' 174 90'g Jan 28 10% Jan 6 64 Jan ■ 7-4 124 244 124 *37 ..1975 Jan 12 9% Jan 9 12% Jan 30 700 25 ,294 i Jan 10 144 Jan *1034 112 Lautaro Nitrate Co Ltd— •1st mtge Income reg *12.: v 3 6H 96 83 4 80 ; 57 *H78 874 3% to. 64 144, 24 62is -63i« . '274 *6.4 124 244 "V 4 Lake Erie A Western RR—Lake Sh A Mich Sou g 34s... 1997 J 5 34s registered............ 1997 J 01.4 " 84 • 274 274 74 71% v " ;■ 85 99 - 274 294 .* 2 90 6% 700 27*8 7 1% Feb MoGraw Eleo C0-------4---I 274 54 2938 ; 464 Jan 5 McGraw-Hill Pub Cn~.No par *27. 274 294 .' 4 Jan 33 ""266 , )4 Feb 16 490 11 ' S per 14 Jan 4 10 f.-No var 79 54 4/75 25 25 share ""■no 714 54 25 per Lowest v *704 .v S SO lst cum pref No var McCall Corp. .--iVe par McCrory Stores Corp...._..l 50 *73 *27 Year (1941) Highest $ per share -.7xiV) var $3 preferred 800 79 54 25 64 , v MavtagCo-... 690 72 274 > •*40 * 11 >114 .12 *U58 1)4 114 '. *".0. ■*UI6 4 3.1 •Vis UH .24 v, 24"*: 24 *23g, "24 24 2'4 < W •124 .13 *124 131® 124 127s *>8i 81: 614 804 804 794 804 121 *1104 121? *11612 121 *1164 121.. 4.20 ' *U74;T20 *11714 120: 117i4 120 1104 *1074 HO x *;o74 1104 *1034 1104 •; 234 V284 234 281.1 28 >8 284 284 41 *40 *40/ 45 *40 45 ■i '2% 127« *1164121 ♦1164 11174 120 ' *U74 *:074)lQs *,074 23 V 28'»' 2314 « . "* l'2's v 99 4 102 4 *934 May Department Stores. 290 *704 *2334 144':,! 44 644 . O Far 490 : Range for Previous On Basis of 109-Sftare Lots Lowest 3,200 14 *14 *73; 274 5 ■<; V25 ?i 64 II4 79 *114412 • *Vn 4 *."i« 24- *40 1939 .4 404 404 14 114' it 4 274 274 274 *284 '29 '64 • 11 704. 704 l:0 >4 1034 *105' >10 ') *04i2 ;-V-cv: {♦Laclede Cos Lt ref A ext 5s. 9V *44 '>.'5 294 V-.24 .1*634. • 1064 106 4 106-4 1064 1014 ; 1014 4 *89 274 • >234 27 144 *.214 '-24 " '834 83 1004 •; . 91 *71 224 V224V 23 ® *9849 994 •<09l2,100 ;f 38 ^38?■'374 ''374 2N > J 1954 4,^ *89 90 73 ; -27-, • '25 27- ♦10)4' aa-.1 424 834 jt; 17 : 11 7-9 ■ 72: 54 v.. *277gi 64 - *160 J *104 90 .11 - *7F -274 5.'« *234 6G ' 95 834 o 17 494 14 w 714 : |*9834 1-00: 85 *90 404 *164 IO712 1074 *100 1004 1074,1074 *6 '.'•••■ 63.4 -64 64 64 6'li *64 7 100 104 *100 >104 1034 1034 *100 104 5 7 ,'v:; 74 64 V 64 7;v: 74 7 7 ig -'79 27 . li\ 67 4 7 24 1084 1084 1114 •- 84 J 4,4s unguaranteed 1961 Kings County El L A P 6s..... 1997 Kings Co Lighting 1st 5s 1954 1st A ref 0 4a.. *6 . 1114 J Range Since Jan.. 1 STOCK- Shares rer share * 64 x*72v - •'144 y J I 404 1074 10734 64 104 *84 *70 *26 " 274 ''*27?h .2T»4 47-4' 374 714 * "724 1084- 1034 1084 ... {•Kreuger A Toll 40 45" 1 $ rer share YORK Week .14 ll® 164-104 • , 91 • ,1.16 109 > 74 'K •*72 ' 624' -034 J 1987 Kentucky Central gold 4s Kentucky A Ind Term 4^8-., 1961 1961 J Stamped..,...— 1961 J PUln... • 88- .114 • *6 ,,79 f 534 96 944 '47"> * 90 share ver 404 14 *113 * 8 41 *16 > .117 >91 *100 . 454 ' 14 *107., 0>4 5's I. 5l,i ."25 :t 25 *86 4a Feb, 6 • . 454 Feb. 5 EXCHANGE 484 K '■ ! the , *27- Kanawha A Mich lkt gu g 4s.. 1990 A O t*K C Ft 81 M Ry ref g4s.. 1930 AO STOfKS NEW Friday . 04 J Sales Thursday *94 94 S *9|8 ' \9'!4 V: 94 9*8 938 94 94 94 124 : 124 '-■1-258 • .124 124' 124 *1234 13 '124 124 *10 44 10 714 *10!4 1074 *1014 10734 *10134 10734 *101-34 10734 *1014 1074 15U 151.1 I54 /I54. vi5i2 vl5r2 1.54 .1534 *L33H .154 154 154 > V. *34 ' 7 *04 7 ; 6 4 1 0 >2 *54 ' 634 6-34 6 34 7 *64 64 ,J >30. 30 30 30 31 2»?8.29?8 *20 *304 32 *304 314 (;*ll4 9^ *l-'24- 13!« *100 3)48—1961 Feb. 4 share ver •'■,41. 164 *10 9 4 $ 41 • P14 164 17- - > *3: James Frankl A Clear 1st 4s..1959 J t -Feb. 3 $ vet share 414 ! * + Jones A Laughlln Steel Feb-. 2 - Wednesday ' 90 93 434 "mh A 1955 F 1054 96 .1 144 t 2 21 4 284 1034 1044 1044 105 4 14 105 . .^_._ 224 1014 8 4^8-1952 g 28 J W 1972 4/N 1.1947 F A i - „. Int O 1,4 / f 0s series A —...„.__1955 $ 15 11 114 3'ij 14 Tuesday High 114 14 13 14 114 •1st g 5s series C— 1956 J Internal Hydro El deb 09—....1944 99. 15 SHE PRICES. for Saturda / 1 No. Low High AND HWH Since a Asked A LOW Range Friday's Ft Ice Jan. 31 Railroad & Inlus. Cos. ("on.) f *1 iter-Great N<»r 1st0s ser A.1952 J 623 27% Jan Aug Jan Mar 113 July 26 Dee 45 Jan 7 Dee 8 ' | Mob A Montg lstg4 48..—1945 1952 I i South Ry, joint mo.io i 4s.... Atl Knox A Cine Div 4s....1955 M S J *..-- J 4/N .110 834 • *109 111 80 -884 ' 1084 1114 • T ... , ' M Maine Central HR 4sser A.... 1945 J 1960 J L Gen mtge 4 4» series A- o 85 IJ 524 Mauatt Sugar 4s s f.2..Feb 1 1957 MN Manila Elec RR A Lt-s f 5s... 1953 M, S 1959 M N Manila 85 79 J O Metrop Wat Sew A D 5 4s.— .1950 • ' < ■ ' '' •••«.., t •{ Ref & impt 4 > 104 105 106 J ... 69 69, J D 4*. A -V v •V*6f>4V 40 .• 234 , "24 J J J V J tf V !*954 .--90 h1 *au *'14 124 - • 64 .- •'*.64 ' 1278 121*4 13 : . 01 72414 244 *224 •V-.1414 32 114' - • •34- 65 14 14 r 94 94 94 34 12 -34 ,i4.-: hi 1 634 10% 100 24 5,400 ®33 200 7,000 - - 274 *21 114 . " - 7h " 8 *74 8 -7 78-; 8 19- *L8U. >-184 ;,-T878>rl84 ..;-44 G 44' •A>< 44 v'■ 44 -754 ,*751- ,:?6' 4 76 76 *3t® 4 *3i2 •V84 *.4 *34" A V 124 -124 .*■ 124 "134 ■'124-124 44 7,o 10 ' • - 14 • *54;'.'54 *. '.*524 34 *204 - r .634 142 *140 124 124- *4 *'• 1 60 >4 ,74 *n2 >'<* 2- 12 Dec ll] Jan June 115 Feb 54 % Jan ^0 Jansi Jan 2t 424 Dec 0ft Aug Li Jau *1» Jau Adjust 4% preferred..—100 zll3 2 Jan 29 North American Co— ..10 94 F b 6 51 Jan 7 6% preferred ieries4.....50 50% 5)4 preferred series...— .50 115 Jan 14 16 • 10% Jan 0 94 504 Apr 53 Jaa *' x504 12% Fib « 14 Jan 0b 104 96 Jan 3* 90 Jan Jaun, 19 3% 107 603 4,633 {N Y Ontario A Wes:ern—100 21% 2 Ja|i 9 North American AvIatlon...l 10 Northern Central Ry Co.j.50 9,100 Northern Pacific Ry...... 100 Nor States Pow 85 pref.No nar 630 Northwest Air Lines...No par Northwestern 3O5 Feb 30% Jan 23% Jan 52-s 7 10 d'eb 6 36 2 ,7 3* 11% Jan 35 Jan 7 36 1 Jan 20 204 Jan 21 8% Feo 3 Preferred—..*—5—u,— .50 Norwich Poarmacal Co..2.50 5,703 3ta Jan 1034 Jan < ar 1,703 ■ 44 Jau 2 106'r Jan 3d > Telegraph— -50 Norwalk Tire A Rubber No 24 ® Dee 1 ) 7 22 Jan17 104 Jan 6 Feb % Jan Dec 3 > Sept 32% Jan 1794 De 215 Jau 109 Feb 11)4 17% Jau 93 Jan Dec De.- 17% Jan 98 Juiy 34 Da 21 De Dec Jan Sept 84 Dec Aug 1134 Nov 14 Jan •% 14 Jan Oct 58% 57% 74 June Jan *' Oct- 1-8 i' Od- 234 O it *i« Dec- Janf 10 .100 Sept Apr Jau Conv preferred...— 8 ti¬ i 8 192 503 • 2 3 ; - 181% Jan29 14,703 97.4 | Jan *32 Jan De 3hi|)l)ldg Corp partstlt—1 94 124 45 N Y Lack A West Ry Co.. 109 {NYNH & Hartford. —100 Feb 114 Jan 18% Aug 474 Aug 244 Jan 1964 110 53 nou-cum pref..: 8g 44 May N Y 514 52 Fob 25 Noblltt-Sparks Indus Inc...-5 Norfolk A Western Ry..—100 1,033 94 124 154 Foo 110 6; 23; 5 0 :% Jan 2 % Jaa 1* 274 Feb 6 514 *51 5 Jan f 10%, Dee 700 214 184 1L4 64 10/% Fao Feb 6 ^^1 0. 400 274 184 12% 12% *46 ' ' *115 *140 " ' 1-42 5'®1 584 **>3!4: 22 35 ... '484 •••54 •: ":54 531'il >204,-22 ~ *45 > 55 > *115 ;■» i 8 1 7% 194 4 -34 .54 ; *3%- 74 12% ■- 142 534 *534 *21 )• 1 55 *11$'- 4S4 '484 474 "484 *115 48% For foot notes-see page . .. i j. 626. 7% 197ft 20 534 78 - 54 *75 - 201® 1,800 Ohio Oil Co No par Oliver Farm E9ulp-u-.N0 par 54 6,300 Omutbus Curp (The)j 7% 78 4 *3% 124 214 *46 142 5% .584 21»4 55 *115 .ui. 43)41- 40 4 12% 58 22 *46 - 13 534 581 22 755.. - 1234 *140 534 *46 7% *334 12*4 *20 51 -- 53 19% 5% *75 78 *75 *140 *140 .142 54 19 . I „ ' eo Oct 404 Nov • 2% Jan 274 July 13% Feb 74 Dec 6% Feb 10 13% Feb 23% July O 244 . 634 5% preferred.. .No pjar N Y A Hlrlcm RR CU—'V—50 50 42 Duck....—No par Jan .. : . V74-^."74; 12 W 114 --124 "ii" 609 ' - 414 . ,18 " 114. 124 67" 05 .. - j ■■.. ■ *1%. jr. 84 , 69 , 2 5% Jan 23 14 Jan 2 107 r 627. • 15% Jan 12; Jan 104 Jan New York 534 24 51 6% preferred series A.- .100 NYC Omnibus C,>rp.;.No par 100 lo 24 17% 999 1 *53 si» 24 +96 974 984 -*96 984 *96 974 *96 6% 64 6% 634 64 6) 638 64 6% *102 106 *1004 106 *1054 1034 *1054 103 •- 10 *104 104 >104 J034 >!04w"104 10 104 10l2 10% *10 ; -"*364 -384 *3641*37'*364 384 *364 38,4 *364 SS¬ *364 38 *1 's ■ ; *!">-• -44 >*1 14 I's 14 ITj 7 *14 14 14 14 9 *204 » 25 ■*204 25.1 *20'g 25. -*204 <25 *204 25 *204i25 9 9t]; 9 94 ;9,.t 9 8% 8% 7 *8% > 94 18VV' 9 ">64 ■G 484 For footnotes see page 5334 4 24 2 '2 7 1054 107 43 , 474. 44 *31 MN ;{{*M StP ASS M con g 4s lnt gu *38 J {♦lst cons 5a. 1*938 J {♦istcouH 6»gu as to Int .—.1938 J > "•■1st A ref 6s series A-..'*—.1946 J; ii .*25-year 54s-'-1949 41 L *lst A ref 54s series B ..v..il978 J yiibwivi : >1054 1094 *106 93494 4. 66" *364-.' >S ;■ 96 s 54 69 ,97.- - 1054>'l06* 1654 Ji> ^lst A rel gold is.....—*i.-1949 .vies ♦Ref A ext 50-yr 5s ser A *.^.196J Q.J 124.V124 4- 02 5 69- - 654,'; J J — *944- M S ♦{Con ext 4 4«. -1939 M Spar A N W 1st gu 4s..1947 s 55 i r\\. 4481939 . *.53 "is 2 5Ui 6! 4 v 1064 1094 III4 64 • 534 7" 4 ; O {{♦Milw A State Line Ist34s.l941 [•{♦Minn A St Louis 5s Ctfs..2*- U>34 }. 1044 *54 '16 534' <• . 1054, 6102 A No 1st e^t 105 4 O 534 - 1054 FA —. '{♦Mil "084'784 106'1004 111.4 1114 106v .. h 2;; > 24 . 784 •104 4 1044 1963 j*Mid of N J 1st ext 5s. .2...1940 t 784 *53 4* 2 *».« "'*4' "V >4« • ' 4 >28V,- '284 "*284 284 :'r'-: 2 7% Jan 14% Jan Central...!.No oar N Y Chic A St Louis Gou.100 10 14,800 " . 24 2.10) - *28 '8 4*234- 284 2 8 34 27% 284 211® 1*21 214 ; 214 214 * 314 211® '214* 214 *21 184 184 184 v183 1834 *083.A 83 V 1183 "183 185 *114 *1134 118 118 *114 ..41511.8 *113-34 .118. *U4 ' 9 % L: 94; 9i2 {,.V94 •• ;,94 94 9% 94 93g v 94 *51 »4 53 52 52 54 ) *514 .52 .' .514 5r34 -52 ' ( 514 514 <*514: 52 : 514 *514 5134 514 n994 t >*■#. n-~ >^s series C—- .1979 'Michigan Consul Gas 4s .1. 324. 99!4 97 i4u 2 T"' 304 984 .'''."52v;.":'5 2;V 525 2 ®i« 85 1034- > - : - 784 M S X,%«.•>. • Jaca Laus A Sag 348.. 19al M .S 1st gold 348-.,-'.—.v—tf—.1952 •VjfN iMichlgan Geutral— ' *754 M S 4 i.; + *994 *97 . " McCrory Stores deb 34 ..1955 1 O J iMcKesson A Robhl is 3 48.2.-1966 J j-. 524 53 4 *97 O Stamped....—............. {♦Marset St Ry 7s ser A—Apr 1940 Q A 1945 Q A ?• (Stanuied mod) ext 5s (t{*Met W Side EL(Cnlo)4s...1938 434 67, 32 4 *27 V, j. (Mead Corp 1st uitge 44s.1955 Metrop Ed 1st 4 4s series D.r. U>68 47 534 •88-: RR (South Lines) 4s... J 4 5 ♦Man G B4NW 1st 3 4s.. 1941 Marlon Steam Shovel s f 6s.... 1947 4 4 85 ■: 524 534 ■52 iv 52 20,103 ' : 884 New York 47% 84 Jan 2 20:® Feb 6 2 04 Jan 12 "2 Jan » 54 3% J ul 13% Jan 28 28 59 ■■ Jan 3% J • 2 128 3,655 O tls Ele v ator 5% 1,300 58 584 500 Otis St.eel Co..—-----No par S5.50 co ly 1st pref—No par 51 Jau 22 22-4 300 Outboard Marine A Mfg.—.5 20 JJU 24 *140 5% *46 *115 48% 8% preferred A...j 100 Oppe iheim Collins——No par 2 Jan 24 Jan 7% Jan 17 6 47 142 0% preferred..—. 55 Outlet Co— Preferred ... 474 i—No "ar 4,630 100 11% Jan 140 2 Jan 29 4% Jan 79 142 Jaa 2 .... Oweis-ilU4ois Glass Co. 12.50 Feb 9% Dec 140 ? 2 58% "Fob •22% Feb 0 40% 6 10 45% 120 4/ F.-o 54 Jan 3 June 3% Dec 64 Jan —100 Dec 24 2 No "ar De Apr June July 10 Jan 1044 Jan 6% Sept 17% lad Jan 10% Jan 004 264 Aug Dec 50 Mai 120 33% May Jan ® 51% Jan Oct Mar Dec THE COMMERCIAL. & FINANCIAL CHRONICLE 624 Tuesday, February 10, 1942 NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday >v-'. PRICES LOW AND HIGH /SALE Sales i Tuesday Monday Saturday Range Since Jan. 1 On Basis of 100-Share Lots STOCK Friday the Shares Jan. 31 Feb. 2 Feb. 3 Feb.A Feb. 5 $ pet share $ per share 9 per share $ per share $ per share $ per share BONDS for Previous Year N. Y, STOCK EXCHANGE (1941) Lowest Highest $ per share 5 per share Lowest Week's Last Range or Sale, Friday's' Bid dt Asked Is £ R , Week Ended Feb. 0 Week Feb. 6 ante EXCHANGE Thursday Wednesday sthpic? 1 NEW YORK for Price Since Jan. 1 Highest Railroad & Indus. Cos; (Con.) Par Range h Low J t*Mo-Ill RR 1st. 5s series A—.1959 J No. Low High High *77g *5% 8 5h *7% 57g 8%. 7% 6 6 *18% *10% 10% 19% 19% 11 11 19% *18% *10% 10% 19% 11% 10% *19% *30 30i2 *30% 19% 11% 10% 19% 30% 17% 17 . *16% 19% 2 *l7g r 2ig 1038 • ■ *8 *94 ♦10'ii 16% 16 7g *8 8% 28 100 100 14% 14% 114% *109 18% 1% 26% 16% 1% 26% 16% 1% 26% 16% iJ« *1% 17% 17% 54 54% 67 68% 68% 2% .1*41 *13 23% *2% 2% *41 *23 *534 *534 30% *38% - 1% 26% 26% 17 17 17% *53% *1% 1% 42% 42% 14 23% *23 25% 25% 534 3078 *33% 31% 39 lo *38% *76 80 " *16% 4 *334 33% 8% 34% *62 70 *3% 174 - 0 ?0% 387s *3834 *10 5% 9 5'* *434 5% 137g 84% 101 9 36 70 *9 36% 300 9 o 5 4% 6 47g *51o *5% 6 *5% *r6% 59 *56% 5T-> *56 478 4% 500 47« JJ— ..... 1,000 400 5% 59 — «• 29% 29t4 30 30 .30 31 310 68 68% 70 69% 69% 170 *934 10% 10% 10% 10 500 *14 17 *16% 17 *1% *14 1% 14% *16% ♦1% 17 5 10% 10% 1% 1% 14% 14% 1 % 1,100 14% 1% 14% 17 *16% 5 934 800 *16% *4% 5 10% 10% 11% 11% 11% 11% 11% 127g 8,500 .71.1 7% 7% 7% 7% 7% 7% 7% 7% 1,900 734 *7% *25% 47% 7% 7% 7% 778 778 *784 434 434 14 1378 84% *84 14% 84% 1)0 " 9% 47% *26% 47% 117 116% 116% 14% 84% *34 26% 47% 26% 48 117 14 14 14% 14% 200 8 200 28 4734 4,700 40 117 14 4,000 84% 100 98 96 *96 98 400 *100 105 *100 105 100 *119 120 119 119% 180 *06% 1)0 115 25% 9U 117 i 600 "103% 105 1)0% *114 2534 28l| *26% 47% 5 *114 26 120 26 99 *98 99 *8834 10% 90 89 89 10% 10% 10% II.584 *D4 *114 26% *84 P67g 26% 9% 26% 23% Olo 115>% 100 26:>g 98» 7,100 7,100 9% 9% *98% 8912 10% 99 *98% 99 9% *98% 89% 1 90 90 90 90 10% 10% 10% 10% 9% *98 90 116 84'* *81 10% No par 70 100 7% preferred Jan 6% preferred Pitts Coke & Iron Corp.No par % Pittsburgh Forglngs Co ..... 1 Pitts Ft Way & Chic Ry Co 100 % Jan Jan Jan 20% 55% 80% 2% 2 Jan Feb Jan 7% preferred No par Jan 1878 18% Feb 8 6 36% Feb 6 68 13 99 400 1,300 2 2 6% 33% Jan 5 50 6 Dec 1% Jan 20 14% Jan 28 26 Jan 3 6% 31 6 50 Dec Jan 24 115 June 52 11" Nonpar Pure Oil (The) No par 6% preferred 100 5% conv preferred.. ...100 Purity Bakeries No par 84 96 21% Dec 14% Jan 8 86% Jao 14 2 Jan 24 Feb 5 12% Jan No par Jan Dec 92 111 Jan 9 Jan 117 Dec 115 Feb 6 2 114 Dec 26% Feb 4 10 2 7 Feb 101% Jan 2 91% Jan 20 10% Jan 5 x94 Mar Jan 83% 31% ~J J J / *!)% 9% 9% 9% 9% 9% *9% 700 9% Quaker State Oil Ref Corp.. 10 8% Jan 12 9% Jan 2 8% • 414s series B — 1980 F 122 .. 5278 . 53 *88 284 *46 *10% 10% *2534 14% , *27 *21% 278 53 3 27§ 53 53 53 *88 .... 3 A *85% 234 40% 46% 46% *46 1634 10% *16% 10% 16% *10% 101« 20% 14% 27% 22% *26 1634 10% 2634 14% 27% 22% 26% *22 22% 54 *22 14 27% *22 234 *2% 2% 46% *85% *2% .... *26 1378 *36% 26% 14% 27% 2-84 2% *46 46% *46 *16 167g 10% *16% 1034 26% *26 107« 10% 3 27S 54% 278 .54 54% - - - 3 19,500 54 1,000 3 2,500 Gen gtd 4 *27g 46 46% 16% 10% *16% 1034 Ref & Impt 5s series Conv secured 3lis 33 35% 40% 33% 35). 2 31 36 40% 24 37^ 33% 41% 2 31% 38% 43 41% 42% 3) 40% "A *38 40% FA 26% 26 Radio -Keith-Orpheum 1 2% Jan 26 6 Dec 88 23 Reading Company —.50 4% 1st preferred————50 4% 2d preferred... 50 Jan 2 24% Jan 20% Jan 9 2 15% Jan 28 27% Feb 2 22% Feb 6 10%, Dec 22% Dec 19% Dec Real Silk Hosiery Preferred 100 39 13 200 Reis (Robt) & Co 1st pref.-100 Reliable Stores Corp...No par Jan 6 16% Feb .5 7% Feb 2 100 Rellauce Mfg Co.. 12% Feb 8% Jan 2 2 12% Feb;2 9% Jan 6 *14% 1478 14% 14% 1,800 *2678 27% 22% 27 27% 22% 200 1% 300 500 J A 1 ■ ' 1% i , *1334 *73g *1% *40% 13% 7% 12% 46 14 *12 9 7% 13 9% 1% 45 137f 7% 12% *80 63 60 9% 61 *47 47 47% 43 *3% 9% *97% • 98% 124 / - 534 *18% ♦9% ♦% 83% *334 4% 27% 27% 52 45 % 16% 7% *7% *10% 7% *7% *10% *9% 12 *00 63 *30% 61% 47% 378 *47 50 47t2 *3% 9% 7% *10% *9% *60% 13 • *9% . 9% 15 7% *7% 12 *10% 9% *60% 48 48 9% 61% *45 16% 580 7% 13 9% 46 Feb 9% Jan —— 13 *50 69 8% *68 69 *784 69 8 8 *8 83% 4% *83% 4% 84 83% 4 4 *4% 27% •27% *50 52 8% 884 8% 8% 8% 8% 5% *4U 5% 17 " 17 9% *43% *% 45 17 9% 12 27% 27% *50 ♦4% 45 *68% . 70 5% Rensselaer & Sara RR Co.. 100 400 7,300 10 100 1,200 126 90 70 40 8 8 300 83% 4% 84*4 100 4% 500 *68% 7 .10 50 86 1% Jan 13 Jap 15 Remlngtou-Rand. 300 62 Reo Motors v t 38% Mar Dec J «% 8% • *50 8% *7% *4% *16S4 17% 9% »% *17 . 27% -27% 52 *8% *7% *484 8% 5% *43%" 45 % 27 52 9% *50 8% 8% *784 8% 5% 17% *434 .17 9% 9% 27% 5,600 c new ... _ . -1 60 Jan 19 1st mtge 52 8% 8«i 5% "i'eoo 200 Jan 21 Jan 3 Jan.6 Jan 2 7% preferred..-—.' 100 #118 68% 6A% preferred100 7% 6 J4% conv preferred 100 81% Jan. 3 Jan. 12 conv prior pref ser A. 100 Revere Copper A Brass..— .5 Reynolds Metals Co.—No par 4 Reynolds Spring————1 *% *44 44% 17 300 700 9% «i. - *i« 45 80 700 . . 174 50 69 V 59% 174 49 % 61' 78% 73% 59% 13 76% 75 "*4 70% 7854 55 60% 55% 6 51 55% 55 7 50% 56% 55% 51 % *49% 96 93 54'4 57 79 % 78% 65% 79% 131 73 70% 67 420 98 66^5 98% 62% 06% 08% 94 95 17 67 1)4"" N Y Connecting RR 314s A —1965'A O NY Duck 1st gold 4s ....1951 F A 99% ■99% 01% 61 99% 61% 61 75% 75% 1 107% 107% 107% 11 118% 113% 119 17 118, 115 11 112^ 115 Conv NY Edison 3 lis ser D 1 1st lien A ref 3lis ser 94 19471A O 5% notes... .1965 A E O 107 H -1966JA O N Y & Erie—Bee Erie RR .1948 J _. Purchase money gold 4s /> .1949 F NY Gas El Lt H & Pow g 5s A M N *N Y L E & W Dk & Impt 5s. .1943 J 94 ; 5 49 107% 63 00% 100)4 60% 61 % 71 7 64 107% S 63 104% 1 104 50 % 22 62% 64 11 119 100 104% 55% J 78 107 % 108% *98% .2000 A/N conv deb 4s , J1947 \1 8 .1947 M 29% S •Non-couvdeb3!4s .1954 A O .1956 J ♦Conv deb 314s.... ♦Conv deb 68.... 73% 10t% 51% 58% 56 U 64 — J .1967 MA .1967 J 1 Dec 22% >Iar 63 Nov Apr 16 Nov Jan 48 Feb 7 2% Sept 6% Dec .9%, Apr •7%. Apr 63% Dec 34 ;' 7 2 V -.61 14% .Dec 50 10 Richfield Oil Corp.....No par. Rltter Dental Mfg.—-No par Ruberoid Co (The) No par Rustless Iron A Steel Corp..-1 $2.50 conv preferred.No par t Rutland RR 7% pref—100 . '8 Jap 1992 M S Jan 98 Feb •96 >44 Feb .5 %« Jan 23 0 .. Jan 128 \ Jap 24 74- Jan 20 .I87g Jan" 5 85%. Jan 19 47g Jan 5 • 97 " Apr Jan — — 5129 t Sept 80% Sept 153* July ; 95 "July 10% Jatx , Dec 54 - "22%-Dec 49% Dec ;'7% Feb Jan 27 9.^ Jah 15 . ''8% Jau16 6% Jan20 > 6 ■ i|*Norf South 1 • . % Jan 26 34%" /Jan* ,53% ;Jah 12%Aug 9% Apr " I77g Jan 14 JO; Jau 21 47, Jan 2 t , ""*2%'Dec May 4 8%' Dec 42'- NpV "111 Dec {♦General gold 6s.:.——..1940 ♦Terminal 1st gold 5s—. .—.1943 - Jan; 6*4 ;Jan 21- Nov 14% Aug 48% J*n 1, Aug F ■82 J ,3% 10?.;. 27% .-27% - 30% 106 30 5 *11% 2 : 75 A 2 4 *■2 manager) 5s 1961 ; fCtta bf ^ep (Issued by reorgan'/ izatlon manager) 5s....—1941 jNorf A Western Ryjlst t4s...1996 0 A North Amer Co deb 3 K8.. j, . 1949 F- A ■ 26% 6 46 . t Tor footnotes see page 672; 1959 F..A ■-,;26% 10 , "127% 103% Debenture 3 5ia.'_..1954 F. A Debenture 4s ■ 28)4 28% . 25)4" 28)4' *100, , . 20 % 4% A 27% 27% -26%, *27,% , 3% 23% -24% , 109)4 109*4 ,109)i 110)4 -10 101)4103 110% J. ♦Ctfs ol dep (Issued by r?orgati-. izatlon 83 108)4 108 ?4 190 102% 106 10~' 13% 0 109% ■ 6)4 1% 99 105)4 10OJ4 20% 31J4 102% il6% mn : 113 106 83 > 48% 109)4 109 V 3% m% no a S AO 99 — ... ■ 8)4 8 108%, 108% J -.J 4% D4 10 ,106 *2% U% 11% -v 32*4 79)4 73 "" 47% 30 A 3% 21% 85 1% ..... 20% 27 28 "40% "bi% 31 5% A 105% 1st & ref 5s—4.1961 FA ♦Certlflcates of deposit 34% "32 92 106 A/N trf 23% 175 - 47% *110 — NYTolephO ie 3>is ser B -JL967 t{#N Y West A Bost 1st 4^8—1946 Niagara Fails Power 3)4s—'4.-1966 Nlag Lock & Ont PoW 1st 5s A .1955 Niagara Share (Ma) deb &J43r4950 1 6%:Dee '75%. Dec -4 j Jan i 11 Apr - 97 ; Dec 60 " I Jan "101% Feb 4%* Dec , . ' 22% 28 267 "49% 5% .1963 J J $|*N Y Siisq A W 1st ref 5s—*. 1937 j J {♦2d gold 4J4S.—1937 F A N Y Steafn Corp 1st 3 )4s—. 20% 8% l .. Apr 29V 10% 19 34% ♦99% 4s 1993 N Y Queens El Lt A Pow 3 *4s.. 1965 MN N V Rys prior lien 6s stamp. 1958 J J Jan 7 0 . 19 10 78 ;5% D 4 A :..1942 NY4 Putnam 1st con gu 3% Dec 7 Aug 77 86% Jan 23 f 6%- Jan" 3 Jan23 8% Jan- 5 3% Jan 6 16% Jan) 21 9% Jan .9 ............1955 J 77 40 31% i 31% 78% 32 78 — 5 3 2 D 10% Nov 67% 2% Dec 2 6 ♦General 4s J*N Y Prov & Boston4s 9% Juljl 12% * Dec 4% Jail 14 19 . Jan- 8 Jan Felt 3 13.1i 29% 27 % "48% 49% 8% t ♦Harlem R & Pt Ch 1st 4s. .1954 MA 1 19% '20% 29% 26% 33% J .1948 J 5 28% .1940 AO 5 22 27 27 A 29 J .1948 J 6s registered— {♦Collateral trust 6s....... ♦Debenture 4s——— ♦1st & ref 414s ser of 1927-. 29% 27 27 J ♦Non-conv deb 4s......... .1955 J .1956 A/N ♦Non-con v deb 4s i For footnotes see page .626, 45% 58 ...1950 J D Jan 5 24% Jan .2 ■<••271* Jan 27 Reynolds (R J) Tob class B. 10 Roan Antelope Copper Mines. ' 44 - 50% 363 59 — 314s extended to 6s debentures....... 2734 Aug 24 'Feb. 61 6 2 16% 96% 81% 6% Common "5o" 42 53 ♦71% 1974 U O 1978 M & -1947 A 0 Ref 5148 series A Ref 414sseries C.... 29% Aug 18% July 1% Feb . 44 Jan 14 „38% Jap \ 2% Jan Republic Steel Corp.—No par 6% conv preferred— 100 6% *05 96 New York Chicago A St Louis— ' *7«4 17 126 4% ♦83 *9% *4384 *% *83% 5% 8% 84% 4 52 *3% 69 8% 84 27% . ; *8% : 3% 3% 5 ....... 1 Preferred with warrants. .25 1,200 98 85 *13% 14% • 121 8% 884 6% 1734 9% 14 100 98 *734 8% *784 *4% *12 45 17% 6834 27 13 *42 *3% 8 *50 13 *1% 44 17% 334 70 4% 1% 44 17% 8 *67% 1% 44 3% 3% 85 . * 1% *1% *42 51% 37g 17% 86 534 1% 44 17% 17% 17% 17% 17% 17% *97% 98% *97% .98% *97% 98% *97% 98% *82 86 86 85% 85% *82 *82% 86 578 5?8 5'8 57g 57g 5% 5% 5% *126 127 1257g 126 1277g *126 *126 127 4 17% *84 1% *41 111% j t*N Y Ont A West ref g 4s *1% *40 41 45% 41% 78 C......2013 1952 A/N ... 8% Dec 14% 42% 38 37 57% 1998 F a Mich Cent coll gold 3)48 —-1998 F A 314s registered 1998 F A 334 Jan 55% Oct 21% July 18% July 14% Dec 27% 22% % 95% 51% 50% 58% 3 )4s registered Dec Dec Jan 28 300 "J9 46% *110 1946 ...2013 3J48--1997 J 314sregistered—.......1997 J Jau 2 3% Jan 46% Jan 62% 17 26 41 • 41 43% *35% Lake Shore coll gold 3)4s... 1998 F Jan 11% Jan 16 26% Feb 3 14 2284 2 47g 7 23% Jan 5 800 .... 40 43 40 37 40% 41% *33% Oct 2% Dec 47% Dec 6 " 15% Jan 2 200 *26% 22% Jan 50 3% Jan 54% Feb 6% conv preferred 100 Raybestos Manhattan.No par —1 25 300 16% 10% 1 *38 ~ N Y Cent & Hud River Dec 85 1st pref—No par 2 Rayouier Inc..-..—. $3 preferred. 46 10614 75% 38 0 4J48—-——.......1945 10-year 3J4s sec s f.— Ref A Impt 4148series A. ♦Non 2% Jan $5 preferred B..._—No par *85% - 278 conv 72 JN Y New Havei A Hartford RR- Radio Corp of Amer...No par $3.50 105 "40% 0 ♦Non-couv deb 314s 3 27g *53% *85% 234 10.5 % 106 3 29 N Y Central RR 4s series A-1998 "."J 3 100 106% 74% ' 27g .... Newport & Cincinnati Bdge Co- R . 107% 107 % 75% 77 76% 82 )i 0 8)% 106 .1954 AO ♦Certificates of deposit- "76 100 —1956 .... 121 80 '75% ♦Certificates of deposit 4lst 514s series A 119)4 1204 124% 14 122% *75 T 50)4 55 120% 122% A ♦Certificates of deposit ♦1st 414s series D. 66% 64% 76 106 1956 F ♦1st Ssseries C. 58 "T 64 A *79 1954 1st 5sseries B... ♦Certificates of deposit 104)4 66% ♦Certificates of deposit ♦ 103 03% —.1955 1st & ret 58 series B 8 90 63% % 60% 10)% 103% 104% 120 "107% 75% f{*N O Tex A Mex n-c Inc 5S..1935 12% July Apr 112 67 63 .... 9% 112 mm 1952 J I) ..1901 A/N — New Orleans Term 1st gu 4s. —1953 197% Dec 95% Aug 12% 1945 4s New Orl Pub Ser 1st 5s ser A. .1952 Jan 12 guar N Y& Harlem gold 314s 9% 108% 108% 112 *115% N Y Lack & West 4s ser A—— .1973 A/N .1973 A/N 414s series B 9% 103% *84 D i'NYA Greenwood Lake 5s. .1946 *9% 42% 43% 38% 104 A/N N O & N E 1st ref & Imp 414s A 1952 Feb Oct 8% Dec 35% 33 D NewOrlea s Great Nor 5s A.. 1983 29% July Feb "35% 43% 103% J J 1st gs Jun 137 158% 117% 19% Dec 42% 37% *107% 112 N J Pow & Light 1st 4148—1900 Jan 123% 106% Dec 123 37^ 1954 Jan 110 75% Dec 299% Jan 14 105% Jan 31 I-eb 6 119 Feb 2 115 24 Jan 2 8% Jan 10 96 Jan 7 84 Jan 5 9% Jan 2 29% 11% Dec "65" 40% 42% 43 103% N J Junction RR guar 1st 4s 8% Jau 137g Oct 13% Jan 13% Jan 4034 Jan 61% Sept 120 July Dec *54% 42 1955 MN 103 % Jan 3 54% 37% 83% 37 1954 July 5% Dec 5 Pub Serv Corp of N J—No par 17 3 56 54% 80% 102 Mar 21 8% Jan 8% Jan 29% Jan 56 54% 1955 103% 104% ♦Consol 1% July 3% Dec 4% Feb 56 54% 69% Jan July Dec 16 5% Jan 13 12% Feb 6 83% 56 10)% 103% Jan June 13% Jan 15 17 83% 5i% {♦New England RR guar 5s—.1945 Jau 164 •11 May -. New England Tel & Tel 5s A Jan 15 Mar 83% 1955 — 100% 100% 111% 112% 103% 106;.. (♦Naugatuck RR 1st g 4s Jan 43% 75% 24% Dec 107g Jan 26 Jan 22 7% 9% Oct 2 Pullman Inc 3 9 i04% Jan 65 Feb 7 106 69% Feb 61 47% Feb 6% preferred 100 7% preferred.... 100 8% preferred ...100 Pub Ser El A Gas pf $5.No par 15 .Dec 2 112% 105% 104% 10)% Jan 181 4 109% 111% 69 H Jan Mar Feb 14 70 115% Jan - 8% 3% Dec 109% 11 VA 100 1941 ,,M 10 m Oct 45% 45% 52 102% 104% 102% 104% Oat 166 5% Jan 14 2 50 102% A Jan Jan Dec Aug 61 80% ;86% D Jau 84 Dec 2 1949 W S 1965 A 0 July 46% 4% Dec 64 6% Jan ,5 Jan 6 Jan 27 No par 35 preferred 52 Dec 27%' 86% 10 2% D Newark Consol Gas cons 5s—1948 J July 23% 9% Jan 14 5% pf(3erof Feb 1 '29). 100 Procter & Gamble 77 109% 734 27 28% 26% 27% National Supply 3Jis 40% Dec 3% July Dec 20% 21 National Steel 1st mtge 3s Aug 109% Oct 2% Dec 11 90 50 A f 5s series A.—. 1955 s Nat Distillers Prod 3Hs July 9 ai387g Feb 6% Jan 15 Jan 21 8 91 May May Feb Dec 25% 27% Nat Dairy Prod 3lis debs... —1900 J 12% Jan 897g Sept 110% Dec Mar 4% 51% 35% 1% 27 1% N Jan 105 6 5 Jan 77g Dec 25% % 21% 68 Nash Chatt A St L 4s ser A —.1978 F 47% July Dec F Mountain States T A T 3)^8.. 1968 J D 1947 MN Mutual Fuel Gas 1st gu 5s Oct 357g 8% May *491 *. 27% 86%, 80% : Gen & ref 8 f 5s series D Morris A Essex 1st gu 3)4s—. 2000 Constr M 5s series A——. 1955 MN Apr Jan 69 6 4% Feb 27% 7% 4% Dec 6 3 Jan 72 28 28 26 ; 1955 May 35% Dec Jan 17 2 38 Dec 26 M 8 48—1991 B——1906 Gen & ref s f 4 Hs eerles C 60% July 23% Dec 27 Feb Dec Dec 5% 21% Aug 17 21 323 "54 1% 27% 1% 26% 25% 25% .... Sept 2% Aug 30% July 11% May 41 27% Jan 7 5% Jan 12 6 Jan 5 32% Jan 14 40% Jan 14 76% Jan 30 10% Jan 7 75 Jan 6 107 Jan 7 78 Dec 27% 25% Moutana Power 1st A ret 3{48.1966 J 54 4J4 Dec Jan 7% Jan 24 51% Jan 27 29% Jan 24 ser 27% 27% 3% 27% . 26% 0 — Monogahela W Penn Pub Ser— 1st mtge 4)48 —1960 A 0 6 debentures 1965 A 0 Jan 25 26 :~w MN ..1949 H-----1980 A Moh'k & Malone 1st gu g 52% July 17% Aug 112% Mar 25% Apr 21 13% Jan 13 16% Jan 24 4% Jan 3 9% Jan 7 7% Jan 31 7% Feb 4 No par Pcstal Teleg Inc pref..No par Pressed Steel Car Co Inc 1 Poor & Co class B 5% conv 1st pref..— 5% conv 2d pref.. Apr Dec Dec Jan 'ml . 1% 21% 23% .... . .. Constr M 4)4s series B 34% 11% 108% 17% Deo ,25% G....-..1978 MN Gen & ref« f 6s series B ; % 2.5% 227 . ♦Certificates of deposit Gen & ref Dec 36% 8 3% g 5s series Monogahela Ry 3Ms 3% Aug 20 2.5% 3A 26 ; 13 21% "25% "3% {♦Mo Pac 3d 7s ext at 4% July '38 MN 89% Sept Dec Dec ♦1st A ref }'■■ , 14% Dec 54% Sept 3% 25 Ws {♦Montreal Tram 1st A ref 5s. Deo 7% MS ♦Conv gold 5H8—_ Jan Dec 300 1977 "«,- ♦lst &ref 5s series I—_.1981 VI Jan 1. 26 A .. ♦Certificates of deposit—. Jan 20% 1 Feb Jan 30% F -1975 ♦Certificates of deposit. ♦Certificates of deposit j Jan 1% 3 55 1 27% 1 ; Oct 2 164 5 Plymouth Oil Co... 18 23% Jan 46% Jan 1% Jan 28% Jan 21 65 Jan 2 8 Jan 2 No par Pittston Co (The) Apr Dec 73 : Jan 21 24 Jan 22 5% Jan 26 , Dec 43% Mar Jan 21 9 4% Jan 31% 25% 27% 13 ♦Certificates of deposit..... 115% Dec •14% Dec 6% Apr 21 13 •] 16% 14% 2 5 50 21 ♦1st & ref 6b series Jan 174 7% pref class B— 100 5% pref class A— 100 5%% 1st ser conv pr pf.100 Pittsburgh & West Va....100 Pit Youngs AshtRy 7% pf.100 20 239 :..'V Jan ; 163 Pittsburgh Steel Co..-No par 123 27% 13 4lst & ref 5s series F—1 1% July 37% 106 24% Dec 14% Dec % Dec .;.100 Pitts Screw & Bolt 25% 25% 10% ' Jan 1 3 9 9 5 5 44 108 2 99 29% Jan 7 17% Jan27 6 8% Jan Feb 19% Dec ; ; 41% Jan 17g Feb 60 No var 10 2 31% Jan 5% Jan 100 ..—.100 24% 24 27% ? ♦General 4s...——- 19% Dec Jan 5 5 3 3% Jau 25 Pillsbury Flour Mills. Pittsburgh Coal of Pa Apr 712 May ? 10 Feb 95% Feb 97g May 15% Jan 100 Preferred- 10 2 38% Jan 10 1% Feb 5 45 *Jan 21 No par —5 Phillips Petroleum Phoenix Hosiery 370 25'A J AO tMissourf Pacific RR Co— ♦1st A ref 5s series A .——1965 4% Jan 984 Aug 3% Jan 1% Dec 2% Jan 14 2 2 Jan 3 Jan 15 Jan 2 Jan 24 Jan 29 Jan 3 Jan 21 Jan. 6 Jan 7 Jan 2 6% Jan Pond Creek Pocahontas No par 17 4% 11% 5 Phillips Jones Corp $5 conv preferred 70 *62 938 1,000 2.300 6 *5% 6% *5% *62 900 3 10 Preferred 414% series... 100 - Philip Morris & Co Ltd 31% J J Jan . Pitts C C & St L RR Co.. .100 4% 68 9834 10% 6% 68 18% 4% 68 *98 10 34% 9 18 *97% 118 29 U *88% v 34 18 *97% 118 4 4% 35 36% 4 4 55 68 14% 115 0% 18 13 *17% *.97% 118 120 54 178 1% 14% 131% 131% 9% 47lo 20 85 *174 98 9% 200 6 105 25% 5,800 2io 434 97 115 40% *2% 178 6 *103 25% 40% 1% *174 43.! 101 25% 85 40% *174 5% 1% 500 1% 177 47» Philco Corp *71 52 25 Phelps-Dodge Corp.. 17 24% Jan 28 5% Jan 2 5% Jan 2 29% Jan 6 38 Jan 2 Jan 3 74 10 Jan 2 Jan 21 73 105% Jan 2 J 6 400 300 *71 23% No par 290 734 73.1 46% Philadelphia Co 6% pref—.50 $6 oreferred No par 1,000 *174 105 *114% 116 10 177 *9.7 122 76 174 105% 105% *101 *18 100 *164 20 26 28% *25% 28 47% 47% 47% 47% 4778 *116% 117 *116% 117 *116% 117 1334 81% 100 13,090 174 *29 *71o ' ?07g 0 100 100 5% Prior preferred 5% preferred Pet Milk Co 10 8'-i 0 Pfelffer Brewing Co...No par 570 39% *164 29% 6784 10% 734 Petroleum Corp of Amer 174 29% *05% 7% 400 *160 29% 66% 10% 25si 57g 174 *5614 1% 14% *16% 434 10% 7% 1,510 Z397g 9 5834 1% 28% 2% *5% 59 14% 1634 47« JPeoriaA Eastern Ry Co..100 Pepsi-Cola Co,.---1 Pere Marquette Ry Co——100 6,700 80 *62 59 *9% 1% 17% 40% 0 *50 10 PeoplesGL&CC (Chic).100 741.4 74% *10634 107 74% 49 .5 18% 20% 42% % 16% 300 *1% 40 50 i",666 *74 75% 10's *784 Pennsylvania RR Peoples Drug Stcres Inc.... 13,100 " *38% 40 13 107% 29% J 1902 -.1978 ♦Cum adjust 5sser A...Jan 1967 40-year 4s series B Prior lien 4J4s series D Aug 1% Dec 4% Dec Jan 27 "15% Feb Jan 100 45% *160 *l733i 177 „ 17% 68 *8% 8 23% 22 No pur Feb 114% Feb 13% Jan 1% Jan 38% Jan $7 conv pref ser A...No par 31 H Jan 163 1% Jan 27 26 100 - 126 , - 52% Jan 23 66 Jan 21 2 Jan 3 Cement...No par 5% preferred 47% *97% 118 3% *3% *3')% 34% *512 8 2% 50 *47 74% Penn-Dlxle 38% J 19% Aug Dec Jan 5% Jan 2% Jan ,17% Jan 20 8% Jan 9 13% Jan Penuey (J C) Co No par Penn Coal & Coke Corp 10 Penn G1 Sand Corp 14 , % Jan No par 300 *5% *57g ?0% 106% 106% *106%107 *70 40% *1% *62 174 *100 80 40 *10 Penick & Ford.: 7 50% *23 31% 7-5% 10% 74'- 74% No par 27% 6 *57g 80 *75l-> 10% 700 Parke Davis A Co 49% 57g *5% 31% 89 43% u... 1% *6% 2584 *23 57g 500 17% 6% *57g 74% 17% 4 *3)% 5% 6 70 » " 48 18 *17% *07% 118 1784 118 « 219 18 30% 387g " *70 4034 45 6% 1% 45% 1% 6 74% *20% 45% *1% 17% 6% *5% *7% -.8% *178 478 *130 23% 22 *20% 44% 31% 106% 108% 40 22 39% 8% *70 52 578 105% IO6I.1 2l» 5% *34 ~ 24 237g *23 *434 1334 23% 2534 8% 10% 7% *7% 2*4" 50 *5% 478 42% 1,200 1% *13 *108 28% 40% *1% 14% ♦11% 14 27% *3% ■ 43 48 75 *9% 43 2,?00 300 2% 1% *108 6,100 70 2% 1% *13 14 17% 55 70 70% 2% 1% 44 43% 55 28% *10 *2834 66% 1% 18 *751o *56 *1% 17% *6% 10 *17334 2 17% *53% 18% *53% 70% 2% 70 2 17% 75 *100 69% 17% 80 *62 18 18% 54% 17% *53% lio 10 *32% ParmeleeTransport'n.-No par Patino Mines A Enterprises. 10 *20% 44% 75 17% Parker Rust Proof Co..—2,50 200 "32 95 40 147% Apr ^4 2 2 2 1% Jan 25% Jan 15% Jan 500 lio ♦5% *5% 30'% 17 1 1,400 43 534 584 1 Park Utah Consol Mines.. May 26% Dec .11" : Feb 1487g Jan 19 98% Jan 13% Jan 17 103 Jan 7 12% Janl7 Park A Tllford Inc..-- 18% '%•; 27 75 100 4% conv preferred....-.100 Paramount Pictures Inc..... 1 6% 1st preferred. 100 6% 2d preferred— 10 20% 17% ' 43 40% *17g 11,700 1 Panhandle Prod & Ret— 26% *16% I 101 Jan ; «' V 17 3j2 Jan 28 Jan 2 Jan 22% 27 100 26% I 27 *7% 1 Parafflne Cos Inc ——No par Jan... 30% • Feb 1,800 100 Jan 18 "280 7% Nov 25% Nov 15% Nov 11% Jan 287g Jan -V 6% Dec 17 % Deo 31 99% 38% 12% Sept 4% Apr Feb 20 Jan 8 17 48 8% 14% Pan-Amer Petrol & Transp—5 26% 15.1J 1% Jan ,5% Jan 1% Jan 100 17% 441.1 6% • Packard Motor Car..—No. par Pan American Airways Corp.5 26% 15.11 26% 22 Corp.—1 Pacific Western OU Corp.. .10 26% *13 23% Pacific Tin Consol'd 200 10 Feb 12 145% Jan27 8,700 3.400 ■ 7% 'Apr 1% Apr 13 96% Feb -.-100 3,000 44% *1% *20% -..... 1% *47% *734 3,200 - *1% 48 27% 76% 6% preferred 1% 27% 6% , . *17 18% Teleg—...100 Pacific Telep A 10 -? 21%, Feb 9 Jan 18% Jan 27% Jan; •'.13% Jan No var *1% *108 *103 *17 47% 5% 120 V —.25 _ Pacific Mills.. 1% 49 *23 Pacific Ltg 8% Jan27 6% Feb Jan21 9% Jan Corp.„...No par 100 1% 2% 10% *100 17% 2% *13 — 18io *17 27% 30% Pacific Gas & Electric 1st preferred. 400 15 15% 15% 15% 114% 114% *11038 116% 114% *0 40 7 2,200 884 138 *2512 *94 7 6 18 470 1738 18s 1% 27% 100 7 2534 ------No par 2d preferred---No par Pacific Finance Corp (CalJ.lO 440 584 *8 8% 1% *25% *94 100 15% *17 69% 76% *46 17 V 17% 43% 1% Ho *10534 10634 : 1% 28 ,1% *25% *94 15S! 55 69% *10 :. *8 4% Jan 2 2«s *:>I8 214 ]678 5% 2% 7% Jan .14 _.—.10 3,600 2 17g 2 17 8% 16% *8 1% *75 76 i?s *5% 2% ' 2% 17 177g 7% 23% *20% 43 27% 12 237g 22 43% 1% 17% 23% 22 *48 14 *108 43 *1% 17% 43% *13 14 *2014 *6% 1% 1% 1% 42% ♦108 lSlo *17 *'-1Ji 17% 54% *2% 11 II84 11 *17 181. 11% 11% Pacific Aider Fisheries Inc.. .5 Pacific Coast Co 1,900 . 6% 2%' 15 14% 15 147g 114% *103 114% *106 *10%! *'%! 67 1% *26 *94 1% 26% *1578 17% *53% 1% 1% 26 100 ' *5% 8 8 26 *17 ' 10% *94 11 21 It 9 9 ... 2 5% 2% 5% 26 14% *106 *17g 5% 2% 2 *1% 1% *H4 *25% *30% 2% 17g 2% 16% 8% 12% 10% 19% 10% 19% *30% 57g 1914 1918 19% 19% 3038 3038 30% 30% *20 30% 17% *1684 17% 17 *17 17% *17 10% 96% 96% *958s 90% 96% 96% *95% 06% 96% 149 *144 150 *144 *144 149 150 *14514 150 *5% 2% 16% ,5% r ■> 21 12% 5% *19% 11% 17 96% 96% *96 *144 146 146 \ 10% 19% 600 578 20®4 11 8 6 20 13 8 6 8 *784 578 20»4 8 8 7% 6% 21% *95% 36% 97% 38,Vi Missouri-Kansas-Texas RR— Prior lien 5s series A——- -1962 J share $ per share 97% Mo Kan A Tex 1st gold 4s._.. 1990 J D $ per "l"03% 127%. ■128% 103%- 103% -102%-. 103 103%, ,104 "*21 126^4 8 - 18 u. 128)4 103)4103)4 ■ 102)4 1 03)4- 103)410A)4 - Volume 155 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4044 \ i ' ' ' NEW YORK BOND RECORD vN. Y. bonds ' v.; STOCK EXCHANGE ' Last Range Sale .Week Ended Feb. 6 NEW YORK STOCK RECORD Week's Friday v,/.-,-,:, LOW AND HIGH SALE PRICES or Bid Asked A Railroad & Indus. Cos. (Con.) North Centtral gou<& ref 5s...1974 Low M S Jan. I Saturday {Northern Ohio Ry— ♦1st gtd g 5s .......1945 A *lst mtge g 6s (stamped can- Low No 117 113 Vi iiM ils'v. 100Vi 100% - i A- - 34s4 *?4 ?:*•« .1997 74 J 3 4s registered .1 1997 Gen lien ry & Id g 3s Jan 2047 Q 3s registered..v.-. v.2047 F Ref & lmpt4%s series A..-.2047 Ref <fc impt 6s series B .2047 J Ref & impt 5s series C .2047 J J Ref A impt 5s series D.^....2047 J . Northern States Power Co— v. 73Vi;' 74'4 % 70 J 44 69 Vi. 43 '> • 41 *11 70% 44 • 92 40 % 51 Vi 40% 52 % J 66)4 55H J 55 Vi 67 % 56 56 Vi 40% >■.52% 67 Vi - 5 64 251 6 37 72 68 ; .. 71 Vi , 40 Vi 39 764 44 5g 45 & ref M 3%s—.1967 A (Wise) 1st mtge 3%s 1964 M P Northwestern Teleg 4 %s ext.. 1944 J J 108Vi *110% 102 Vi *102% . 18 684 58 • 58 48 Vi 48Vi 6I2 40»2 108 108)4 112 155s *86 {5*0g<fc 1578 3234 1094 4s...1948 J 7 J Ohio Connecting Ry 1st 4s 1943 M S Ohio Edison 1st mtge 4s......1965 MA 1st mtge 4s 1967 M S 1st mtge 3548 ; ....1972 1 J 0% 28 7Vi con g cons g Guarstpdcons5a 4s:...1946 ./ 5s 7 Vi 44 "I'mTvi 113 109 .......1946 J Oregon-WashRR A Nav 4s...1961 103)4- 102 102)i 87 P 10tVi 87 Vi 85 124 *24 63 34 *278 534 64 64 534 64 9 94 *94 58 64 *574 584 *5 4 *378 1214 124 109 1074 109 107 Vi 101 101 .4 •• 85 90 Vw-'V- 106 4 1084 107% 26 : 1074 1084 105 2 105 19 105 58 46 99 V 16 v'v'v- 14 97 .102 47 8 *101% 105 V 107 15 105 105 16 4 102% .:2 106 ^VV - 107 105 105 1014 104 1014 1014 16 107 tm *103% 109% 110 105 1074 110 104K D 1 O O v'- 91 % 100 J J 100 % 1 O 87% 1947 M 5 ♦income 4s 1974 F A Peoria A Pekin Un st 5 Vis Perc Marquette 1st ser A 54... 1956 J M —1980 Phelps Dodge conv 3 Vis deb...1952 J D f 4s 1937 J ♦Certificates of deposit....... . .1951 Phillips Petrol l%8 debs 21 46 11 5 6% 1 28 122" 110% ivit aWVj 49 w 110 - •. 5 102% 27% 175 7 25% 129 6% 2% 11 2% 3 *2% 102 ...... . 1 5 101% '/•' 91 10 110% 102 J . 110% 108% 103'4 ""26 f'i 126 *105% £ *119 lOiVi : / J .....1949 M S 8 36 112% 105 {♦Phila A Read C A I ret5s... 1973 {{♦Philippine Ry 1st 33 88% 80 1971 11) 1st A ref mtge 2Vis 7-1 67 107% Phila Bait A Wash 1st g 4S...1942 MA Genera! 5s series B__ 197s F A ^ J General g 4 Vi» series C 1977 J ♦C'onv deb 6s. 7 111% 92% 69% 70% 59% 60% 60 V* vveov:-;; 01% 105VI 105% 106% 8 General 4 Vis series D 1981 J D J Philadelphia Co coll tr 4%s...l961 J \1 S Phila Electric 1st A ref 3 Vis... 196, 119 70 J 1st g 4 Vis series C 18 60 J 1956 J 1st 4s series B 1 37 100% 100% 107% Apr Apr 1990 110 94% 121% 101% 111% 45% 6% "45% O "22 110% 93% 121% 103% 110% 91% 99% 99% 87% 9! Consol sinking fund 4Vis....I960 F A General 4 Vis series A....... 196? / D t 38 102% *101'^ V--.~-.VV 1945 WN Series E 3 Vis guar gold 1949 F A Scries F 4s guar gold ...1953 J D Series G 4s guar.... 1957 M N Series H cons guar 4s.......i960 F A Series D 4s guar... , ..a.1963 F A Series I cons 4Vis 1961 Gen mtge 5s series A.......1970 Gen mtge 5s series B ..1975 Gen 4 Vis series C ..—1977 Series J cons guar 4Vi8 Pitts Coke A Iron conv 4 11 N J .4 vi — V'v- » — 1094 111 ; 1094 1104 904 944 120 102 .1959 1st mtge 4 Vis series C, Pitts Y A Ash 1st 4s ser A — 1st gen 5s series B *120 r 1st gen 5s series C Port Gen Elec 1st 4 Vis 37 47 - *105%' ~ m -i — V- * 25 3 17 S 64 4 64 64 ■'v5 , 63 64 107% 28 107% 8 120 *99% J Pressed Steel Car deb 5s.......1951 J J {♦Providence Sec guar deb 4s...1957 WN .1956 M S {♦Providence Term 1st 4s Public Service El A Gas 3Vis...1968 J .2037 1st A ref mtge 5s. 5 1104 123 1014 10 !4 24 274 5 4 7 24 24 24 24 1004 1024 15s 13 18 *334 44 2478 24 5 106 4 3 *5% 9 • 95 p, 6 5% *75 ' i-V m% u v — « - • lZ'»+m Public 109% 334 324 33g 64 2634 h 104 104 937g r,8 104 IOI4 *91 -I -87, 186 --vii* 108 5 95 13 > 6 32 »• 85 109% 784 93 4 3 80 ; ;i *6'4 *94 87g *214 2'4 109% 12 105 63g 109 6 80 *' 1104 108 4 1094 103 1044 \ Reading Co Jersey Cent coll 4s.1951 73 39 J J 82 71% 81 % 73% 1997 1997 1956 B. 1961 82 36 J J 82 81 82 15 J J 103 54 WN 103 H Gen mtge 4 Vis series C 1956 99% 103% 104 16 105 105 1 103% 99% 103% 22 29 67 4 794 ls4 34 34 194 """300 28*4 *2,100 58 34 43'o 354 283„ 37g c", 4 434 ■ 354 ♦414 354 1 66 4 37g 44 *414 344 354 24 27 64 ♦112 4 *44 he Jan Feb 44 Jan 35 Apr 47 110 Jan Xl0678 Dec 113 June 124 June 23 86 Feb 3334 Jan 31 Jan 3 4 84 Apr 79 364 Jan 5 2'4 Jan 12 5178 Jan 22 Jan 13 107 4 Jan ■ 1 8 57 834 Jan 2 Jan 10 14 5 3 Jan 35 6 V 64 30 30 29 *34 35 34l2 52 54 51 52 514 54 44 44 *44 54 54 44 44 47g v; 5 44 434 5334 5334 44 5 5 5 5 410 44 44 434 *534 534 53lg 123 123 534 123 *123 *14-4 14 14 *124 *177g 144 11' 134 184 54 124 124 124 184 *174 18 18 18 44 2478 244 414 *34 244 2478 244 2378 244 24 44 244 244 5 5 5 *44 5 47S *324 134 ^884 0 134 38 374 *324 *14 ,*834 2 87g 3734 384 3 *278 3334 • 3 344 34 64 *54 64' ; 54 54 104 104 9 84 94 44 *38 *234 94 334 334 3«4 334 *314 324 234 314 324 3 234 *6 64 3l 103,1 *93 4034 V". 4 60 7 Jan 15 34 584 54 334 1434 Jan 16 514 Feb Jan 20 4 Dec Dee 40 Jan 734 82 794 82' 984 101 103 4 1044 104 4 105 4 103 4 1044 Dec 10 104 67 *65'i 634 114 1134 *934 v *2i.i - *934 124 600 800 100 200 5 30 100 84 374 23.4 344 *64 51.1 384 27g 344 64 54 9 384 278 344 6I4 54 11 9 800 94 22 24 24 344 64 - . Oct 284 Jan 3 I87g Feb 25 Jan 12 99 Jan 8 100 Jan 110'2 Jan 9 112 19 Jan 26 12 Jan 3 20*4 Jan 134 Jan 16 Jan 6 17 21 Jan 1394 Jan 1878 Jan _ 32-4 Jan 2 9 Jan 15 Feb 4 134 Feb 5 74 Dec 2 Jan 23 1584 Jan 16 264 Jan 26 14434 Jan 27 47 13 Feb X13 June 120 Aug I64 8 6 3 2 Jan 44 Jan Jan 494 Jan Dec Mar Dec Dec 274 Apr 544 Aug 3 Dec 314 6 Dec 344 Feb 111 Dee 474 Dec .No par $4.50preferred.. No par $7 cum prior pref. ..Ao par 378 Feb 5 Feb 3 4 Jan 2 2 107 l's Jan 934 Feb 6 104 Jan 31 Standard Oil cf Calif. .Ao par Standard Oil of Indiana....25 187g Jan 244 Feb Standard Oil of New Jersey. 25 384 Jan 10 Standard Oil of Ohio., 2? Starrett Co (The) L S..Ao par Sterling Products Inc...—10 Feb 6 304 Jan 8 Stewart-Warner Corp Stokely Bros A Co Ino 29 _1 par 1 par 6 > 3 54 Jan 2 50 ....5 Stone A Webster Ao Studebaker Corp (The) Sun Oil Co........... Ao Class A pref (4 Vi% cum) Sunshine Mining Co 2 Fe 44 Jan 9 434 Jan 21 334 Jan 2 52 Jan 30 100 12234 Fib 100 Jan 110 Jan 7i« Jan Superheater Co (Thc)-.Ao par Superior Oil Corp —.1 14 3 Swift A Co 25 Corp 1 Talcott Inc (James) 5Vi% partL' pref 9 50 Telautograph Corp Tennessee Corp 5 5 177g Mar 254 Mar 33 334 Jan 3 3434 Jan 16 564 Jan 6 Jan 5 V 6 44 Jan 2 7 33 9 50 3 2 43g Jan 2 54 Jan 44 Jan 5 324 Feb 2 is4 Jui?7 Dec 25 Dec 34 Dec 244 Sept 74 July 6 2 3 94 Jan 16 64 Jan 6 394 Jan 3 Dec 34 May 27 24 Jan 2 Dec 14 6 6 Dec Dec Dec 3878 sept 54 Mar 6 Jan 16 Feb Dec 304 347g Jan 14 734 July 64 Aug July 104 Jan 444 Sept 334 Feb 114 Jan 26 584 Dec 2 5 Dec $3.60 conv prel No par 94 Jan 21 414 Jan 20 32 The Fair June 300 321' 34 20 1,300 Third Avenue Ry.. par par 2634 2,900 4 4 700 Thompson-Starrett Co. Ao 104 104 9412 314 *104 10'' 800 10-4 2,600 *6 *104 *92 944 200 31 314 4034 41 1,700 2,100 1,900 41 V 4 4 10 II84 ' I »4« 6,100 cum preferred.Ao $4.50 conv 634 Timken Roller Bearing. Ao par Truax-Traer Corp Truscon Steel Co.... 11 834 '■?' 94 *211' 224 3 34 36 4034 64 64 . 200 100 4,600 400 10 Transamerlca Corp —2 Transcont'l A West Air Inc..5 Transue A Williams St'l Ao par 634 11 par pref.—.Ao par Trl-Contlnental Corp $6 preferred 66 25 Tide Water Associated Oil. .10 Timken Detroit Axle "in y 1,000 20 66 634 114 900 12 934 $3.50 100 41 Jan 7 3*4 Jan 31 30 Jan 2 2 Jan 2 57g Jan 19 26 Jan 3 4 Jan 5 8'4 Jan 2 94 Jan 10 234 Feb 50 2 2 Dec Jan 28 38 May 44 Jan 5 14 4 104 Jan 13 10 '8 Feb Jan 28 4*8 Jan 10'g Feb 12% Feb 4 1 "is Jan 1 Jan 66 Feb 5 Jan 19 11 11 No par 10 7 Feb Feb 6 934 Jan 27 22*4 Jan 27 ..100 74 Jan 194 Jan ; 14 Jan 214 Jan 1 54 Jan 634 Jan 29 8,000 1,210 Twin City Rapid Tran.Ao par 1,300 Twin Coach Co 34 Jan 13 4034 Feb 6 Jan Jan 34 Jan 14 Jap 18 Jan 1178 Deo 994 Dec 354 sept 514 Jan 54 Jan 4 Dec 84 > Dec 67g Mar 2 614 Jan 64 Jan Dec Aug 6 274 Feb 37*4 Dec 2 4 Dec 44 93g Mar 6 9'g Jan 10 834 Jan 3 7 Doc 954 Auf 5 9 5 6 404 Jan 23 40 34 June 2434 Nov 954 Jan 344 Jan 434 Jan 9134 Jan 20 Jan 31 31 604 Sept 54 July 30 5 44 Sept' Dec 64 Jan 20 274 Jan 7 »i« Feb 14 Jan 34 324 Jan 28 334 Jan 12 No par 20th Cen Fox Film CorpAo par $1.60 preferred Ao par 7% preferred.. 414 Jan 20 234 Feb 2 54 Nov 384 Aug 384 Jan 94 Sept 40'8 Dec 4'g May 2 2 No par 54 Aug Aug 344 Jan 27 64 Jan Thermoid Co.............. I $3 div conv preferred 10 Jan 5 2 1,000 Jan 184 July 234 Jan 74 Jan 37g *304 July 9 21 164 Jan ..........100 126 2434 Jan 28 Jan Preferred 6'4 Nov 84 July 84 Jan 664 Deo 164 Nov 6 70 Jan 1934 May 5 45 Jan June Dec 100 34 4912 37s < 8*4 24 July No par *234 48l2 Aug Dec Thatcher Mfg Co 48 25'g Nov 344 July 464 Dec 6 Texas Pacific Land Trust 2 2 Jan 44 Mar 214 Mar 2234 Mar Jan 26 3 9 Dec Apr 124 14 94 44 Jan 324 Feb Jan l't Dec 1174 June 34 Dec 154 Jan 9 14 Jan 14 1334 Jan 3 19'4 Jan 64 1134 July 40 44 57g Jan 14 Dec 66 34 May 44 Dec Jan 60 67g Jan 574 Jan 404 Aug 11734 Aug 484 Dec Dec 34 5534 Jan Jan Dec 5 126 Oct 2 64 July 69 July 22 July 3934 July 384 July 51 6 25 Jan 10 Dec 374 29 54 Jan 5 84 Jan Feb 47g Jan 2378 Jan 24 Jan 334 Jan Dec 6 li4 Jan 27 14 Jan 8 12'4 Jan 23 177g Jan 30 36 Dec 274 Jan Texas Pacific Coal A Oil... 10 1 8*4 104 224 Feb 194 Jan Superior Steel Corp. 100 Sutherland Paper Co 10 Sweets Co of Amer (The)..50 Dec June 4 Nov 78 Dec 14 Jan 6 114 Jan 14 44 Jan 2 Jan 24 3*4 108 7 ,13'4 Jan 14 4 Mar 274 Jan 134 Sept 14»4 Aug 194 July 174 6 45i2 Jan 31 150 364 Nov 274 454 Jan 14 384 Jan 1034 July 24 July 194 Aug 23?g Dec Feb 2 6 6 334 Jan 23 Standard Brands......Ao par ; v 114 3 404 Jan Dec Sept 184 Nov 194 Feb 234 Mar 1 May 6 Spiegel Inc______V_—i___2 Dec XI0 60 19 500 1,900 14 Dec 134 Jan 26 18>s Feb 5 354 Jan 24 2,400 900 5 36'2 Jan par pref A......No par Jan Jan 254 July 61 60 .1 112 114 Feb 124 Jan ll's Jan 164 Jan 17 Feb 144 20*4 Jan 10 Feb 11 95 1114 Dee 84 Jan 7'2 Jan 2 1*4 Jan 10 144 Feb 3 2 2'g Jan 30*4 Nov 354 Oct 6 .5 Texas Co (The) 25 Texas Gulf Produc'g Co No par Texas Gulf Sulphur...Ao par 8,500 114 Dec Jan 28 344 Jan 14 conv Thompson (J R)__ Thompson Prods Inc-.Ao 634 Nov 22 57'2 Feb 34 Jan $3 3-4 64 2634 *64 1 9 900 34 34 404 3 300 64 224 Jan 6 Jan 884 27 24 374 214 134 Jan 14 Feb 26 Jan 29 104 *39 321' 22 Jan 834 37g 94 Dec 5 *104 66 *934 94 16*4 Dec Texas A Pacific Ry Co 04 44 104 124 Jan 2 8 6 Symington-Gould 2 104 314 Jan 2;800 47g 3 2 20*4 Jan 54 35 Jan 29 Jan Jan 44 Jan 14 6 4,800 *134 1 Deo 678 Sept 32*4 25 Jan par Swift International Ltd *4l.t *32I4 12 3 578 Nov 59 3 233g Jan 23 "10,000 2 *64 684 314 64 50 35 66 114 '-9 22 »»u 67 ;■ *64 *ir- 24 124 78 634 V *64 4 44 12 30 284 044 314 4034 3134 40'4 104 *65 22; *214 95 4'g 9 9 104 10-4 -104 67 *64 634 ; 404 114 »i« »t« 104 104 104 44 500 4,100 34 Jan Apr Jan ..No par Spencer Kellogg A Sons No Sperry Corp (The) v t c Spicer Mfg Co... ..No 243.1 2334 5 47g 1,900 1,700 12,500 Jan 3 Jan 6 Jan 12 3 U1G *5g 3134 *334 244 2334 34 484 *6 64 *94 - *18 45 274 *27 104 10 10 103g Vi 97/ 314 314 404 3 2634 104 104 104 313.4 3 *6 64 264 *124 24 54 *234 484 334 *304 34 49 *48 1.4 2 44 *39 34 *234 49 .54 *10 45 *39 34 *48 38 27« 344 64 64 *64 54 11 *84 634 *4 434 *2?8 **04 28 5 35 334 234 2334 54 *44 *324 *14 87g 35 *334 244 800 138 1234 184 144 *14 *12 100 1,800 47g 144 4*4 *1-4 600 1234 54 *34 600 7,700 13,300 16,300 47g »i« 27 Jan 2 2'2 Jan — Standard Gas A El Co.No par $4 preferred No par $6 cum prior pref.. .No par 23,000 54 878 V9 *214 22 24 24 July 4 s4 July 17 July 3*4 July 78*4 Jan 1078 Jan 1434 July 71*4 Jan Jan l _. V 40-4 294 344 144 14 •: 1154 Mar 112 Jan 2 Jan 13 5 500 25 51 44 *104 *934 Dee Sept 174 Sept 944 Sept 394 Sept 5i2 55i2 434 32'g 11 s4 9 300 1,200 225g 54 9 171,000 2458 36 54 1224 1224 *122 104 *64 4 22 4 504 53 *4 *934 Dec Dec 8 53 Jan $5 prcf series A "3934 *344 V- 5 47g .44 53 4 • Apr 494 44 74 484 64 Jan 27 Jan Dec 4 Jan 4 Dec 114 Dec Jan 28 134 Jan 5 V ,34 Jan 23 2 5 Squibb (E R) A Sons..Ao par 254 4034 144 4 Dee 1094 June 478 Jan 2 ":rI6o 2278 13 - June 31 Jan 10 107 6 Jan 12 6 July 116 l2 Jan 12 14 July 194 Jan 164 Feb 894 Jan 15 4 14 Jan Conv $4.50 pref._^._Ao par 404 54 334 324 Feb 5 3434 Jan Square D Co.. 1 5% conv oreferred.__..100 224 247s 144 ■ *65 378 54 494 4 4 a 40 V 17g Jan 34 Feb ... 144 44 39»4 July Dec 108i2 Feb 177g Feb 14'2 Jan Jan No par 30 404 304 304 Mobile A Ohio stktr ctfs 100 900 - 344 22 254 25 'V 504 264 4 ""4" 3,100 „_10l Sparks Withlngton 8pear A Co """20 44 . 44 2634 104 378 5% preferred... $5.50preferred 37g *112 14 3 *6 7 114 94 224 4 Southern Natural Gas Co.7,5C Southern Pacific Co...No par Southern Ry a0 par 65 364 4-4 64 54 1,800 *55 *34 19 284 So Porto Rico Sugar...A'o par 8% preferred 100 Southern Calif Edison 25 300 5,500 *1878 284 *56 54 11 21,200 194 58 54 34 600 ' *344 50 300 1,300 65 *55 54 144 174 Jan 104 Aug 4 Dec 2 Jan 60 Dec 75 Jan 4 Feb 94 Jan 74 Sept 114 Aug 94 Sept 24 Dec 5 May 164 May 4 Dec 16 Feb 44 Dec 14 July 274 Sept 94 Jan U ' 30S4 >. 9 31 9 304 9 304 9 314 *314 84 9 667g 1104 1104 *1104 1114 106 106 1044 105 *1044 10534 13', 134 134 134 134 134 74 75 74 744 744 744 804 804 794 80 794 794 12 114 *104 124 *1034 *104 664 664 *1104 HI 27 314 974 *2634 3034 974 11 664 11 9634 114 *114 *106 1074 ♦1064 *407g 424 414 *184 194. *18 *1034 114 6634 27 664 27 274 314 314 94 674 1114 1114 1044 1044 , 9 • 664 *134 134 754 804 *104 274 77 81 H34 274 3134 3134 9 9 674 674 1104 HI 1044 1044 134 134 77 774 81 814 114 *104 *274 314 284 3134 834 66 3134 834 . , 1,000 U nder Elliott Fisher Co No par 287g Jan 2 334 Jan 20 3,000 Jan 2 8,300 Union Bag A Paper....Ao par Union Carbide A Carb.Ao par 8 674 66 Feb 6 94 Jan 7434 Jan 1104 1104 104 1044 134 774 8112 114 2758 274 ,304 3l'g 984 994 ll's ll's U's ll's 134 75i2 8H2 *10'4 314 3178 314 314 314 98 99 99 974 974 994 114 114 114 ll3s lll2 114 114 *11 114 114 *11 114 114 114 1074 *1064 1074 *1064 1074 *1054 1074 *106'2 107'2 414 414 41i2 *40*4 4I84 *414 424 *414 424 194 194 *18 194 *18 *184 19 18's 184 314 974 ■ "11 ">» ht »« 154 For footnotes see page 627. *44 17« 14 *34 1077g *1044 1064 *1044 1064 *1054 1065s •4 n35 ♦4 *4 4 4 V.V, 1-4 14 14 14 14 *14 14 10't ! 10 104 lOU 104 934 104 11 114 114 114 117g 1134 11S4 11 *264 4 104 104 97g •• 31 O 127g 364 "44 V 500 954 *264 Remington Rand deb 3 Vis F A Republic Steel Corp 4 Vis ser Pur mon 1st M conv 5 Vis—1954 MA *38 23.4 *48, 334 *314 44 078 1 14 34 *112 *4 414 87.; «•« A Gen A ref 4 Vis series B >: 10 106 106 107 4 1084 R Gen A ref 4 Vis series A 123 41 *65 14,600 9,200 344 14 *94 5 41 *4 644 60 v 644 1074 107 4 184 354 444 134 34 4312 107 44 937« 27 ■ 4 54 937s 3134 ...*934 j, 17*4 344 134 184 3478 45 *31 44 31 ...... 60 134 184 354 45 '7 17 *56 30 31 *624 *644 *21.8-. • 3 50 *6 1194 1104 *143 i09% *103% Purity Bakeries s f deb 53......1948 44 334 *314 102 4 104 4 99 -• 100 - 347g 45 17 364 4 $6 preferred ..No par Smith (A O) Corp.........10 ""1,700 17 58 30 *64 5-4 *934 *84 51' *24 109 121' *56 304 354 504 54 34 104 *48 1074 »12ig Simonds Saw A Steel..Ao par Skelly Oil Co.............15 Sloss Sheffield Steel A Iron. 100 10 114 134 214 *4 47g 324 2 *14 87g *84 374 374 3 *234- 374 10% *84 994 102 124 — 187g '404 32% 344 64 *3 106 204 Shell Union Oil... 15 Silver King Coalition Mines.5 Simmons Co ..Ao par Slmms Petroleum 10 11 194 284 404 6 9 *2% 121"" *1934 100 Shattuck (Frank G) ...No par Sheaffer (W A) Pen Co.No par 114 284 214 254 14 *117g *174 *34 244 234 2 37 1124 .... *34 V- 344 300 1,300 *974 100 *109 *19 25 54 35 34% 6's 1064 14 28, 674 *41 1,700 1,200 261' 28 Yo84 *187« *114 134 184 65 40'4 14 47g 10i2l«10 »J2 *1 *25 194 28i4 574 *34 300 4 124 364 284 4,400 13 4 A.Ao par 10 34 2078 *122 5 *32'4 *15g : *84 ,, 324 127g 14 80 $3.50oonvprefser South Am Gold A Platinum. 1 S'eastern Greyhound Lines. .5 *55 40 *524 55s 2434 , 900 ...No par Socony Vacuum Oil Co Inc. 15 11 214 254 478 44 44 54 1054 1054 1194 120 ro4 1104 109 5 124 284 17 194 44 44 *235s 1074 1084 1034 1044 5 Sharpe A Dohme 1,000 *424 14 34 58 1,500 400 ' *54 354 18 ----- V *105% 107% J 1st A ref mtge 8s. -V—----..2037 Service of Nor III 3Vis..1968 84 85'/s J .... 5 Sears Roebuck A Co...No par Servel Inc 1 Sharon Steel Corp .No par $5 conv preferred.-.Ao par 1,300 13 *112 394 *294 *314 504 504 54 *113.1 564 634 58 4 644 1054 108 -.'vi, 63% - *119 .1950 J extended to. pai 13,100 65 *34 364 *40'g 104% 99% - 28«2 . 144 34 64 1074 1074 67 4 724 105 ; 99 107% 3%s....1966 J 1st 5s 14 113% 104 ""63'< .1960 M V 150 56 Seaboard Oil Co of Del.No Seagrave Corp.——^ Dec 4« Dec 78 Jan 27 24 Jan 24 64 Jan 20 Apr May Apr Sept 2 ...100 8 8 84 84 17g 14 lh *1«4 17g 15 15 *15 154 154 244 244 244 234 24 *136 1434 1434 *136 1434 11 14 34 *574 58 34 ■A 34 *41 434 i 34«4 344 *138 .1977 1st 4 Vis series D Potomac El Pow 1st M 109 99 —- .1974 " :64 64 324 26 194 *123g 17 119 13 *19 55g *14l8 1204 1214 104 .1962 — --— 1. 44 1104 113 120- 102 19 114 124 20 28i2 *34 25 *514 .... 120 *108- = 19 *11 *19 t( 204 *26'4 101% . .1948 J — 500 84 *14 254 404 304 4i2 *478 1074 1114 934 894 984 1004 954 1004 89 814 14 14 *112 50's ■ - 102 D .1960 A 5,300 114 ♦111 1164 ♦111 114 *111 114 *111 114 *111 114 454 *434 45-4 *434 454 *434 454 *434 4534 *4334 4534 *34 105 8 177g 3 34 1214 112" *119 .4 1st mtge 4 Vis series B "7", -500 91' 4-2% preferred 27 4 Feb 4 Jan 106'2 Jan ist Jan Smith A Cor Type v tc.Ao par Snider Packing Corp__.Ao par 344 214 *29 *110% 108 ' Pitts Va A Char 1st 4s guar... 1943 MA ...J. Pitts A W Va 1st 4 Vis ser A.. .1958 J D - .... *119 * ——*. J .1950 J 107% ..... Vis A .1952 U S Pitts Steel 1st mtge 4 Vis Vvi'V *112"" ■« O 34 64 v *974 100 127g 164 84 177g 14 14 284 T94 124 34 584 39i2 100I,32l001,J2 1732 *106% D J *10 19 364 *38 ...1942 A O Series C 4 Vis guar....—1942 WN 800 ....? 3478 Jan 27 iji Jan . 114 600 ; 58 *109 45 214 Pittsburgh Cine Chi A St LouisSeries B 4 Vis guar 12,700 • 56 127« 26 *97'^ 100 174 334 25 V, V Highest S per share $ per share " 29'2 Jan 10 $4 preferred........No par {Seaboard Air Llne.—Ao par ""/"id 544 4 124 2578 284 *184 144 *15 24 241.1 1434 *136 1084 66 107% j.07 1434 *136 4 A 4is *44 A4 *10834 110 *10778 110 »» h 4 *4 H4 14 14 *14 *QU 10 *94 10U 11 1078 1078 11 1004 1054 105 105% if N 196C 5 per shar e Scott Paper Co. V—.Ao par $4.50 preferred .No par 500 1164 12-t v 13 *34 14 *414 28 *112 1044 1044 106 102% *101% 107% Penna Power A Light 3Vis....1969 4 Vis debentures 1974 Peoples Gas L A C ref 5s .....100 Savage Arms Corp *914 584 54 3234 13 37g *1 114 124 -124 174 177g 34 334 *414 45 344 105 144 244 *11 41 101% .4 Pa Ohio A Det 1st A ref 4 Vis A *77 4 Vis series B 1981 Peoria A Eastern 4s ext.. 5% preferred 400 64 61' *5 13 257g 284 14 *55 34'4 102*t6 102,i« 105" 15 314 654 1184 37g 164 A 247g *55 104 13 134 *164 20 45l2 *102% *13 14 334 40-4 124 "l94 14 34 *54 49 134 164 19 *324 *110 *19 84 *136 54 324 124 *974 100 14 *144 *244 14 ' *5 *110 *194 65 *34 594 4 100 v.; *97i2 100 45 *19 4 118 104 49 Pennsyl Glass Sand 3%8..„...106O 1 860 Schenley Distillers Corp.....5 5Vi% preferred........100 54 34 56 324 14 8 3's 10141034 12 ; ..■474X' 120 *115% 49 8 1 $ per share 10 3.000 124 *27g 94 564 584 284 8 1®8 *111 f 57 2,000 7g 63s Lead 6,600 7g - 54-4 *574 257g 2 28 Guar 3 Vis trust ctfs C.i 1942 J D Guar 3 Vis trust ctfs D 1944 J I) Guar 4s ser E trust ctfs.....1952 if N 197( 6t4 54 94 6% preferred ...100 {St Louis Southwestern...100 5% preferred. 100 Safeway Stores...^ No rar 164 874 34S4 3I8 H|f 13 ' 124 14 164 *4158 Pennsylvania Co— ..196? L 64 584 .4 28 *184 134 *164 13 5 106% 105 »/ S Debenture g 4Vis.. 6',i '64 13 *244 28 *110 *194 *1434 154 2434 244 *13314 1434 19 *187g liu 114 12i2 124 ,17i2 174 3312 334 1014 1014 12 88% 87 100% 107Ys 10754 General 4 %s series D 1981 i Gen mtge 4%s series E 1984 Conv deb 3Vis..........—1952 Year (1941) Highest {St Louis-San Franclsoo-..100 """SO *107% *27g St Joseph 18 1778 164 *854 " *124 64 . 324 14 28 *9712 100 X..;', General 5s series B. 1278 34 544 *56 584 54 257g *244 2734 *19 102 4 5i2 *1 14 26 *109 1064 107 4 *85 .J. Corwbl gold 4s ...1948 M N 4s sterl stpd dollar May 1.194? i/N Gen mtge 3%s series C 197( 1 O Range for Previous ' 44 *378 123s r»1214 1084 i _ 4s... 194? 64 13 107 108Vi 107Vi ""99"^ ;■ 99% cons g 7« 564 64 64 134 112 1 11 Vi 58% 99% Pennsylvania RR 564 1278 824 834 1104 112 Paramount Pictures 4s deben_.1956 M B Parmelee Trans deb 6s........ 194s I O > 127s '*»« • 134 27 112 Vi *100^ 1963 F 14 *78 •: 124 13 *2412 102% 28-year 4s... 4 ».« 324 1114 1124 1124 1124 1044'1064 784 874 58% ' *1074 4 U 7g *7g 34"* *54 404 404 10834 1091? 35 334 33*/ *33 1164 *114 1164 ♦114 1 4 i4V:'«r. 324 *1614 77g lllVi D 1/ *33 ' *107 3234 1074 108 4 101 1942 Par *21' *404 40*. 1084 1084 18'■ 184 164 164 864 861" 87 *114 w *32i4 112 101 ^ ..J- 35 116 *1074 112 1084 12i4 Panhandle East P L 3s B.....1960 MA Paramount Broadway Corp— ' 1st M s f g 3s loan ctfs.... .1955 ' A ,;,v *324 *114 5 *55 • 33 *56 *1«4 RR of Mo 1st ext g 4s..1938 .{ *40'i 41 1084 1084 184 18',1 157g ,164 634 584 ;*37g *83 |*2d ext gold 5s 1938 Pacific Tel A Tel 3%s ser B...1966 Ref mtge 3%s series C 1966 Paducah A 111 lsts f g 4%s_._1955 *» 9 86 *574 54 324 AA ♦Paullsta Ry 1st s f 7s... Y 8 *54 • 1578 1094 108'4 112 Vi lOiVi 86)i 104Vi Pacific Coast Co 1st g 5si...... 1946 T D Pacific Gas A El 4s series G...1964 J D 1st A ref mtge 3%s ser H...1961 I D Pat A Passaie G A E cons 53. .1941 4 88 58 13 |*Pac 1 lOO-Share Lots Ijrwest 1.700 1,900 *18 *24 *124 I27g *234 34 524 ? 53 v 64 ; 64 *}H4 94 9io ♦6.3s 1024 1024 108 Vi 112 J I On Basts of 3.900 314 *4 4 4 *86 1*10* " 4 . 4 *5 ; • 404 *57i2 478 1024 1034 102 4 1024 *103 J 1st A ref mtge 3%s ser I.... 1966 1st A ref mtge 3s ser J 1970 1st A ref M 3s series K-....1971 40 344 4 4 *24 8' ;• 107 10S 103 "163% J J *5 108 ,109% 107% J Otis Steel 1st mtge A 4%8......1962 7 4 *155g »l« : 34.« 344 4: !'■ »» 109 V 1094 184 184 4 34 534 64 : 344 " 154 33 13 64 *9'l *56U 4 88 , *107 '4 *1214 4 *24 A 4 *11278 if 1074 1084 1084 1094 107% *109Vi D 1946 J Shares 184 154 3278 *1 Oregon RR A Nav $ per share. Range Since Jan. STOCK EXCHANGE ' 107 M ...... Oklahoma Gas A Elec 3%s_...1966 J D 4s debentures.. 1946 J D Ontario Power N F 1st gu 5s... 194? " A Ontario Transmission lst5s.._1945 WN Ore Short Line 1st | per share YORK Week ' ; *86 107*" V./ 4 - Wa V,;' gu g Feb. 6 344 h 4 *24 64 18 884 • 53 O LCham 1st Feb. 5 8 per share 341 i 6i2 40 4018 1094 10934 *11278 1104 1114 1024 1024 102 Vi ; 18 *234 .-vyy Feb. 4 \A, 4 V'i: . 4012 54 59Vi *5 107 (Minn) 1st the . 8 per share 344 344 4 V- 4 4 h #.u 4 10912 1097s ■ V 424 . r Friday 1 $ per share 344 <»!« *2 ig . Thursday ■ ♦Certificates of deposit....... North Pacific prior Hen 4s... Feb. 3 Wednesday lOOVi 101 O . Tuesday: Feb. 2 3 per share stocks NEW for Monday High *113 O collation of guarantee) ....19415 A High *115% 1974 M S Sales Since Friday's Price Jan. 31 Gen & ret 4 %s series A 625 ■■ 154 154 154 »»» »4t 15 For footnotes see page 626. 154 154 '16 154 154 11 154 530 640 1,200 6,900 1,400 154 4% preferred ...100 1104 Feb 7 60 ■ Dec Feb 377$ sept 12*4 Jan 794 Sept II534 Nov 6 11234 Jan 12 Feb 6 108 6 1064 Dec 124 Jan 2 13«4 Jan 29 H4 Dec 16 63*4 Jan 78S4 Jan 2 774 Feb 5 574 Dec 9 814 Feb 6 73 Dec 114 Jan 30 2778 Feb 6 9 Dec 854 854 134 244 Dec 104 Jan Union Prem Food Stores Inc.l Union Tank Car Ao par 26 8,100 United Aircraft Corp 5 304 Feb 6 1/364 Jan 6 4,100 5% conv pref w I ,..100 Uu Air Hues Transport 6 9634 Feb 2 10434 Jan xl 11 s4 Jan 1124 Sept Sept Jan Jan 5 """966 2,000 700 """266 100 15,000 15 Union El Co of Mo $5 pfAo par Pref $4.50series No par Union Oil of California 25 Union Pacific RR Co 100 274 Dec 5 3 6,700 United Biscuit Co 5% preferred No p,ar 100 104 Jan 16 Jan 14 104 Jan 10 104 Jan 3 105 Jan 12 1 l7g 94 May 3 84 Dec 10834 Dec 1074 Jan 7 427g Jan 19 United Carbon Co.....No par 374 Jan 2 United-Carr Fast Corp. Ao par United Corporation...Ao par 174 Jau 7 184 Feb !m Jan 2 144 Jan 2 4 Jan 5 164 Jan 15 $3 preferred .No par 2834 Dec Jan 28 114 Feb 6 35 Dec 15 Dec *n Dec ,134 Dec 31 444 Jan July Jan 174 Jan 1434 July 1134 52 Feb Sipt 214 9s pt 14 Jan 30*4 Jan 626 THE COMMERCIAL & FINANCIAL CHRONICLE Tuesday,- February 10, 1942 NEW YORK STOCK RECORD NEW YORK BOND RECORD Friday low and high sale prices 1 Sales STOCKS Rawe Since Jan. for Saturdaf Monday Feb Jan. 31- . Ranse for Previous BONDS EXCHANGE Tuesday Wednesday Thursday Friday the Feb. 3 Feb. 4 Feb. 5 Feb. 6 Week $ per share S ver share Share* 2 1 On Basis of 100-Share Lois NEW YORK STOCK Year (1941) N. Y. STOCK 1 Lowest Sid Price Railroad & Indus. Cos. {Con.) $ per share 6% 2i,i $ per share 6's 2k 2i4 45 *44 *43 43? *4U 83% 33% 65 65 s share rpj 6k 2k 6k 23g 44 44 $ per share 6k 23g 47 6k; 6k *2k 44 2k 46 ■; 6k *211 5 51? *10178 103 14k 14io . 3-k 3 86 *2«4 *84l2 21 11 9084 *107g 46 172 *170 ♦nig *.34% 84k 31? -.*284 84k 21 *2ir2 *284 *84 21 r 21 Ilk 'Ilk Hk 11 11 46 -46 46 46 46 *170 172 *170 172 fill , fik 6k *3188 40k 3I84 32k *34% 32 k 6k 401 32k United Fruit Co 9/00 United Oas Improv't L.No var ]0"k 10"k 106 106 Preferred...,. Uulted Electric Coal Cos ""0 United Eng A Fdy_.i... 3 *84k 8nk $5 oreferred-.-.-.L-No *>«? 103 United Mer A Mauu Inc v t c. 1 13 3% 32k 32k •3k *2,3, 85k 22k 103, 4C34 22k 11k 46 172 *32% , ■ 22 k i ' 2 S6,1st Preferred.—L.No mr 83 U S Dlstrlb Corpconv pref. 100 roo U S Freight Co . U fi Hoffman Macti Corp 5 5V4%C0nvoreferred.-w_.50 "2",l"66 U S Industrial Alcohol.No par Jan 16 Jan... 8% Jan 2 l.no par Co . .....20 7% preferred-.--....—100 "566 J an < Dec 51 4% Jan 17 .Nov 43 Jaa 2 170 Jan 6 Jan 6 Feb 6 *lst , Jan 28 Jan Dec Jan Jan k 117 1484 Nov Feb 19 6% Jan 14 34k Jan 30 34U Jan 27 Jan 47? 183 Feb 33 Aor ; ■ O 1 J t § ^Rutland RR 4 1 v 39 29...r 36 39 48.; 364 12 20% 47 k 20 k 109% 109k *109k 107 107 j 107 13 10% 13 k 8 4k ,6% 5k 7h 91% 95% :' *6 : 107 107 12k 12 k - stpd.—. 1941 99 lot; 103 . *109 j Vf s High 98 > k 18k ..1967 M 8 1969 w s 104 46 20 M Low va 95 k 30 7V( 95 k 107 V, Oct 9% June 4.3 Apr to Saguenay Pow Ltd ,lst M 4 5^8.1966 ;:.Jan Feb 20 1949 no July Jan 69% 37% Dec -t Jan. 1 July 13 7%. Dec - 170 & ooll trust 4s A t5*R I Ark <fc Louis 1st 4^s—l93i t*Rut-Canadlan 4s stpd.. 1049 July 93% con Gen mtge 3j^s series I Gen mtge 31^s series J ; 4% flept / 4 5 *35: 4m Roch Gas & El 4^8 ser D....1977 M A V'; Gen mtge 3»4s series H -1967 M s Dec .91, Jan 26 Jan 172 ./ 10% -2% Dec 83 v.Deo . 6 98 k 104.•> d 42 Apr 2% : 47 k Jan 16 ; 6k Jan 34k Jn 30 30 5 gu 5s .1939 J Grande West 1st g ts—1939 J 79 Dec 8k Since. 't- "u O «J03 High 98 h' vf S t$*Rlo Grande June 1st *i§*Rio 6% July 100k Dec . Low 3^s.„1960 VN Richfield Oil Corp— " ) 4s s f conv debentures......1952 Dec v 60 Jan 30 Revere Copner & Brass 6% Sept .3% fi"pt May 30 3 Jan.16 ! 17 U S Gypsum 5 Jan 37? 3k 5 85k f 227? ui%. Jan 30 Feb 72k 5% 106k 15k 1% share per 20% May 3% Anr 4 35 2 Jan Jan 10 47? Feb 3k Jan ? 2% Jan 20 2*0 1,500 61" 50 ; V. ; : 100 ? Ilk 4534 32 \ USA ForeignSecur.L.No par 4012 31k : United Panerboard ......-.10 172 *61, 40'" 3278 ■ 300 85k *94 k 6* ♦6k *04.,? *170 4% Jan 100 ■■ 1 5 32% Jan 14 63% F"b 400 " 22 5 _i..No par 4% 1,800 *3% 334 5 14k 14k 14k 14k 46 6k 40k 2 3,200 TO 612 *31% 2 Jan 5 Hk 46 172 Jan 641, 1 .3 84k 2234 39 fi 35 64" *5 *33? *170 fii2 401? 3212 32 3«4 3 »3k 84 84 11 46 *2-k : 21 384 3 *314 100 5k .35 6414 iro i *3k Jan 3,900 47? share 5 27? June 6% Jan 28 2% Jan 10 2 2 43, 34k 4% $ per 3 per share 47? Jan 10 United Dvewood Corp. ?00 $ per share ..5 United DrugInc 2,4nO *2k *431? 43, 34k 637? 44k 4i2 4k 4k 4k • 47g *337g 35i2 *33k 35k *34k 35k 64 65k 64k 6334 64i,i 5 5 5 5k 5k 5k 103 103 *103 108 10534 *105 14k 14% *14% 1434 14k 14k iTar 6k 2k 45 *6% 6% 2k 443, 47« N Asked & Highest Lowest' Highest Range Range or Friday's Sale Week Ended Feb. 6 Week's = , Last EXCHANC Rt Jos & Grand IsUnd 1st 4s.. 1947 J 33% Aug June 107 k j * 0 . 107 k 107% 55 55 '00 *37 St Lawr cfe Adlr 1st g 5s...... 1996 1 2(1 ^old 6s .1996 A «'■' 93, v St Lo ils Iron Mtn & Southern 3% 3% 110 3k ,3 k ♦0I4 qio *9'14 *104 os4 115 *110 3k 3k 25 2 fii4 287« 25 *25k 25k 30 30 29 29k 241 24k 24k 24k a 25 287g ♦24 167g 34 1578 681 66 50 48l2 48k 70k H84 67k *4°k 70i4 70 70 25k 25k 20 24k *"15 7„ k 10k 6784 84 3k 3k oi2 Ok 97g 10 *108 113 *108 113 29 24k *24k 157S 16k 16 67 67 66k 40k 4912 *66 70 131» 1;»I6 16k 67 49k 493g *66 70 ♦314 9k 33, 97? *31, 07? *108 1*0 113 3% 600 95? 800 rok 3O0 U S Leather Oo^ 1 No par 100 U S Pipe & 23 ' Jan 27k Jan 23% Jan 3 llit Jan 2 2512 29k *24 24k 200 7? I/GO Foundry.......20 Co.—-—10 —1 JU 8 Realty A Inapt—.No par l.'OO U 8 Plywood Corp 2k Jan 20 37? 10 V Jan 2- 2 U 8 Playing Card 900 *2514 28% . 2 Jan Jan 20 20 251? r 2 7 99 24k 25 20 *24 2% Jan Partic & conv cl A.—No^or Prior preforred 110 k Feb «i«. Jan 10 % Dec 2k July 28% Sept 103%-Sept 65% Apr 76% Jan 16 161? 9.OOO U 8 Rubber Co 10 14% Jan : 17% Jan 14 64k 66 2/00 8%- 1st orelerred—: 100 U 8 Smelting Ref A Mln...50 61% Jan 72k Jan 16 15114 Jahl4 i 71 Jan 19 58 26 13% Dec 66 403R *48 69k 49 69k *66 49 4O0 69k 300 50 Preferred. 45% Jan 68 St L Rocky Mt & P 5s stpd...1955 J .25% De 18% Apr Jan Dec 43k Dec 69 ; Dec 523l 53 63k 53 k 118 23 ' 23 2234 2278 23 461 45i2 45k *45 46k Ik *1 23 4«'" *45 *1 Us *1 *1 Ik 11 *t2 "u 117 117 11684 117 »« *12 44 *13 44 *43 44 H12 *13«4 *1384 *•50% 15 *11 50k *50% 14k 50k 50 .50 *148 150 *148 *152 158 *150 152 *148 231, *45 44 14 14 50% 50k *148 152 157*4 *150 16/00 2,600 2Ht *45 46k 70 523? 537? 1163, *7? lk *7? k 7u *43 152 157k *150 116 23 53k 115k 11 fik 23 23 46k 531,, lk *22 *45 *43 5334 53k 117k U 8 Tobacco Co ' *43 44 *43 "1*966 Universal-Cyclops Steel Corp 1 44 J 41? *1334 15 *50% 50k 60k *148 15734 *150 160 6 Ok 1 4 Feb Jan 26 a:49 100 148 Jan — Mar 159 9 " ■ * t*St L-8an Fr 12/ i i May 157 Jan 133 : Jan 21 . 37%, .88% 55 55 162 14 14 k 14 •' 14 14 ilk 1334 13 k 14 if 8 12 k: 14 34 -13 k 10% 85 13k / 11 39 - 44 "11% 15 Hk 14%: 13%, 15k 40 11% Ilk 12% 14% • 82.k 43 78 82% 14 261 15k 16% tSt Louis-Southwestern Ry— 1st 4s bondctfs v *2d 4s Inc bond ctfs....Nov 1989 I S*lst terni & unifying 5s.... 1962 J •Gen <Jt ref g 5s series A 1990 J J 61 j 41k 64 v / 40 k 233-6 -21 k* St Paul & Duluth 1st con g 48.1968 j D i, 1989 MN j Paul E GrTrk 1st 4^s...1947 j j K C 8I1 L gu 4348—1941 fa -Jan Oct 140 12 k i Sept 6 79 56 1214 pr ... : Jan 64 ,437«, Nov 86 k *55 j 74 72 71. 33 - ♦Certificates of deposit. *Con M 44^8series A.......1978 : *011)1 of deposit stamned— : Jan 33% May 6 k 71 36 k 71 j Hen 4s A 1950 j *Certlflcates of deposit... ♦Prior Hen 5sseries B.i 1950 J "j Jan x50% Nov. 1% Jan lk Jan 62 Sept 16% Jan % Dec ,:7i«.De? v42i? Dec Jan 27 14% Jan 52 k Jan 150k Jan Jan 26 156 43k Jan 15 8% preformed Dec 42 70% 130 105% Dec Jan ».« Jail -19 Jan 15 13% Dec ; 19% 5 46 k Jan 14 "it Jan 14 43 47 3 Jan 13 Jan 24 Jan 21 -No "or Universal LeafTob. 157% 15784 *160 45 119% 2 20% Jan Universal Pictures 1st pref.100 140 i 55% Jan 52k Jan 31 115k Feb 6 r .No pa #6 conv oreferred— 160 *148 25 1 7% preferred United Stockyards Corp United Stores class A. "166 % *12 k Preferred 800 lk *133, -No mr 100 ..No par U 8 Hteel Corp. 69 -71%; 86 Vf 8 1959 70k 36 ' Sept v 5<>1, 591» H77g 1177? ; ..... St L Pub Rerv.lst mtge 5s 2 r g 4s 1933 MN *Certlficates.nf deposit... Uf. & N W 1st gu 5s.-1948 j. j ! 36% Feb 4 Feb 24k Jan 25 , ,*§ Riv & O Div 1st . t*St L Peor Aug 317? 34% Fet) 30 ; 66 — f Oct 105 »25k 7? 158, - k 4% . ' 7„ I6I4 *13,8 Aug 10%'Sept Dec 5% Apr 54% Feb 20 k Dec 6 82k 82 V(j . *77 S A & Ar Pass 1st gu g .4s ^1943 j J 44 3k 9k 64% 42% 23% "*3*" "*3% ? 100 y» 100 ' 15% • 83 k . 47 9k "lftj'k 168 23 k '■ * 57 31 54 42 k. 3 k ;3k ti*St P & 19 :8ik 7% 9% 99% 100% 8an Antonio Pub Serv 334s...1970 MA 8anta Fe Pres & Phen 1st, 58—-1942 M > *124 MN Scioto V & N E 1st gu 4s—198 124k 125, tSeaboard Air Line Ry—- 'l-'sl *'l# * *95 *718 27V *25 18k; 10 18k 15J1S 25k 2884 18 10 10 *10k I0t2 *lOk iot2 *91 93 *221* 23 *10I4 *26 10k 23 23 28% 103, 101- 10l4 *lOk ' 24 24 15?. 3,000 283, 19k 293, 101? 19% 293/ 191" 2,000 'Ok 'Ok *'0% 10k 100 Van Norman Mach Tool. 24 *22 23 200 Van Raalte Co Inc 115 *114 115 *25 *22 114k 11411 *114 11534 *114 11534 *114 11584 ♦1*4 3i12 34k 31k 31k 33k 33k 33k 34 *?4 343? 35 64 *52 60 *52 60 *52 60 **2 60 *62 86 *57 05 *58k 65 *58k 65 *58k 65 *58k 65 *93', 23", *l.k *23ii 23k lk 1% 28k 17g 97 97 9.7 115 115 <115 115 23k ♦lk 28k 23k I7g 29 114k H4k 18 3234 10 k 103, 17 *30»4 *30k 398, *3084 *90 20k 20k 20k 29k 108? 17 3234 2938 23% 231" 17g • 20 114 17? 29k 114 17k *303, *201? ♦23k 17? 287? 23l4 17? 28k 238, 17? 29k 20k 17k ♦31 *29k *3i 06 *95 07 *0.5 07 *15 07 05 95 *130 160 *130 160 *130 160 *130 130 *130 160 17? 28% 8P0 190 23 22k Jan "566 •i« 31 % Aug Dec Dec Dec Aug 34 %: Jan 15 Mar 28 July 57 Mar 57 July Mar ' Aug 66 ' 90 138 - 116 27'., Sept /,<■: ■% Dec 187? De 11 De 30%. Dec 29 1 Dec 42 138 - 33% Jan 19 96 9 Dec 114 89 Feb 105 9 135 Mai 143 Jan 1950 a O 1950 4 O —1959 A ♦1st : v, cons 5 16k 15k 361 >'1 1 ) s Hk 16% 10k 15% .> 2'4n sf debs 4 7% «k 9% 8%. 9 k 674 8k 127 91 4k 116 97 k 97 k k 4k / *98 k 103 102 102 105 105k 1 3- 100 102k / 1961 20 4k 4 k 34 *97 k Shell Uulon OH 2^8 debs.....1954 -4% 21k 8 21k 4 1% 67 ■ I 19 k 9k 1933}M t*SeaDoand All Fla 6s A ctte.._1935 F *6s Series B certificates..—.1935 F 7k 6k 5 k 8 4s... gu ' 7 k 1945 M 0s series A— J 6k 1 5k ♦Certificates of deposit J{♦ Atl & Blrm 1st : 14 k ./Tk U •Certificates of deposit « 153( 14k Oct 1949 F A J*Refundlug 4s 2% Jan 2834 July 118% July 2334 Sept 7 29k Jan |*lstg 4s unstamped }*4s g stamped...... 5; * Adjustment 5s p. Aug ' 45 Ma. 31% Jan 20 Jan 15 Jan : 20 Jau2 19 - Jan 15k Aug Dec 39% June j 25k Jan 19 2% Jan 19 29'2 Jan 19 115k Jan 7 16 29k Jan 10 10b Preferred Jan 1 Jan ' 8 Feb 14 31' 100 Vulcan Detlaning Co 20 114 25 6% preferred.-..— 160 Apr 15% / 8% 20% 111% Jan 19 55 Jan 28 Jan 2 1 --25 Virginian Ry Co.- i4 *130 112% Jan 12 33% Feb 3 55 Jan 19 6% div partic preferred. 100 Va El A Pow $6 pref—No par Va rrori Coal A Coke 5% pf 100 4,700 15 ,5ij Jan 30 29% F?b 6 2078 Jan 3 ilk Jan 5 24% Jan 7 115k Jan 30 417? Jan 6 18% Jan 31 10k Feb 5 22 Jan 28 Works 5 Va-CaroUna Chem No oar 900 82% *29k 29k *951? 102 2914 oq 23k 22 100 Victor Chemical 400 18k 18 18 323, 100 5 Ry—100 5% preferred 115 115 11434 115 l7k 393,, .2.50 —6 7% 1st preferred Vicks Shreve A Pac 2 Jan 20 % Jan 100 a Vlck Chemical Co- 800 60 *57 Preferred, Vanadium Corp of Am.No par 10 34% *59 Vadsoo Sales 10 68 No par Vo 2884 ' 1 , 5% v'-' 5% 15 21% 3 k 4 4% dU 90% 99% 97% 99% 101% 103*" t5*SUeslan-Am Corj) coll tr 7s. 1941 F Simmons Co deb 4s 1952 8kcUy Oil 3s debs. Jan I960 ? —— 1 Feb Socony-Vacuum Oil 3s debs—.1964 J Nov South <fc Nor Ala RR gu 5s—.1963 A June South Bell Tel & Tel 3 tfs 3s debentures 105 k 1970 I 101% 102% 104% 105% 106 k •i 105 k 106 k 104% 105k 1053* Southern Colo Power 6s A——1947 W 3 16 106% 107% 104% 106% 105 105% ♦115 I 1962 ... 23 149 105 34 5 Southern Pacific Co— 28 ; 28k *7iH 7i« i *177? 18U . *99 1001" *177? *99 4 *33 ,331" ■33 *1514 151" *11% *3 31" 5? *'2 183" *17 53? 70% .53? 70'2 27k 18% 1001? 41? *7 *i? 41? 28k 7% 283? 18% 33 28k 28 7k *7 *7 18% 100k *99 ! 4k 4k *'2 *17l,i 33 k *14k 15k 3i» *3 33 1514 *3% % 3k % *17i2 51,i loi? *70 74 5s 183? 5% 5<4 70 70 5k 2834 7k 183? 18U 100 100"? 4k 4k ♦39k 33 *143, lfil, *27? 3k k k 1814 5k *70% 181, 5k 74 I 23 *1914 *33% 23 *91 227* 34k *3 4k *18k 347? 19k *1812 7? 297? .35 19k *13"" 14 *131" 14 34k 183? 1*8? *13t2 10 *13k 14 12 21- *ii8 130 *55 123g *113,1 *>% 21" *55 1.30 " 12k 2k *55 10 10 *1884 10 *10 *69 70 69 69 70 *gn 90 *80 1 V 10 14 12 : 1 *21 34 90 80 % 121 23, 130 89 119 119 18 *173? «7k *112k H3k 151j *109 *173g 15 18U 105k 15k 3 if *•3 3k 1051? *103 *15 *31? ♦71, ♦ 87k 8 18 7614 *196 *711 3/ 11,6 213? 243? 1814 763, 130 734 uie 24k 18 76i2 *127 ut« 24k 18k 7«34 130 *20 201" 20 201? *30»2 31 •3? *30% 31% 106 *58 *09 108 ♦105k 107 613? *58 93 *99 261? 26«? 681" 601" 137? 137r 26'2 67k *11% 86 12 k *3k 1Q1- 10 70 69k 89 12k 2k 1.30 10 69k *881? 80 10 lk 101k 86 87 119k H2k 87 1121., 113k 71, - 18% *99% 100l2 4% *14% *3 ♦12 18 53? 14% 1511 3i2 58 *3 *7? 18 ♦17k 5% 538 *71 300 300 18% ??00 51" 11,400 22% *15 *3 *7k ♦9,6 2412 18k 77k 127 *9834 *30k 106 *58 93 *92 15k 3k 8 11 18k 773< 127 30 Warren Fdy A PI pe.... No par 193? 19 19 300 Washington Gas L, 13k 13% 13k *2k 13% 13% 2% 500 Waukesha Motor Co. ♦19 13% 12k ♦2 k 1.3 2k 1?0 *55 *55 100 19 Wesson Oil A Snowdrift No par $4 conv preferred-—-No par West Penn El class a..No par 7% preferred 6% preferred. 87 14 14 14% 3k 141? 14l4 3*- 3% *3k 16 3li 5o Western Union Telegraph. 100 19»4 Westlaghouse Air BrakeNo par *28% *30k Western Pacific 76 34 *125 Westinghouec El A Mfg....50 1st preferred -.50 Weston Elec Instrument. 12.50 78 127 fO 93 267? 27 *14 3k *90 93 27k 6912 *6914 2714 69i2 15 *68 *14 3k 30 *14 15 14% 3V 3k 14k 3% *3 % 26k 69k Westvaco Cnlor Prod—No par $4.60 preferred No pai Wheeling A L Erie Ry Co. 100 93 26k 69k 54a% conv pref 2,600 White Dental Mfg(The SS) .20 15 200 14 3% 314 14 3k 1 1,100 White Motor Co 3k 1,100 White Rock Mia Spr Co No par 3k 1.000 White Sewing Mach Corp.—1 *48 54 *48 54 *48 54 *3k *48 54 54 *48 54 22 *48 *20 *20 22 *20 22 *20 217? *20 217« *20 217? 9 9 *2 2% *2 2k Wilcox Oil A Gas Co 17? Willys-Overland Motors *2 21» *9 178 17? *1% 5>? fi7? 534 *5k 5% «812 *112 *22 26% 205? 5h 681- 195 2314 261; 21 *66k *112 »22ig 26k 20k *116 135 ♦116 *196 125 *108 *51 531; *51 *54 58 *55 *05 *55% 100 58 *05 *557g 21, 17, 53 58/ 681 . *134 I7g 17? 5% Mi 534 *5k 6% 5% 681? 68k *67k 125 *113 125 *113 23k 22k 22k *22k 261? 28k 267? 267? 20k 20k 20k 20k 135 ♦116 135 *115 125 *106 125 *108 54 *51 *51 53k 58 *55 57lf *55% 100 *97 100 *97 *56 58 58 *57k 17? 61? 5V 69 125 23k 31? 2k *2 1% Vg 6 6 if 5k 6% 1% 57? 5k 68k 68% 681 *114 *22 k $4 conv preferred....No par Prior preferred 20 6k *22k 5k 68k Wilson A Co Inc Wisconsin El Pow 23k 267? 20k 53k 58 100 58 k 13k 234 53 15% Jan 3 13k Feb 13% Feb 2? Feb Jan .10 Worthingt'n PAM(Dei)No par 7% preferred A—..——100 6% preferred B..i 100 Prior pref 444% scries.. 100 Prlorpf4H%conv ser .100 *106 125 *106 125 *51 53 *51 53 56 56 *53% 57% *90 09 *91 99 Wright Aerouautlcali—No par 58 58 *56% 59 Wrlgley (Wm) Jr (Del) .No _ par Feb Dec 11% Jan 15 1% Jan 6 18k Jan 22 66k Jan 88k Feb 5' 101k Jan 23 86 F>b 3 • Jan 14 16k Jan 13 Jan 16 14 Jan 10 2k Jan 3 Jan 2 6 % Jau 12 23k Jan 17k Jao Jan 113% Jan . Feb 18 104% Jan 16k Jan 3k Jan 8k Jan ■ u,4 Jan 2 ) 26k Jan 2 ; 19k Jan "22 76 k 124k 27k 30k Jan 93 Feb Jan Jan 105 Jan 89 N>v 112 Mar Jan 8 93 Jan 22 6 o2 Jan 14 Jan 2 15% Jan 3% Jan Jan Jan 2 12 -6 Jan 5k Jan 68 k Feb Jan 22 22 105 Jan 112 Aug Aug 65 July ;.;85 Dec 21k Apr 58% De? 100 28 21% Jan 157g July 17% Jap 8k July 5% Jan 54k June 26% July 2% Dec 60% Dec 109% Oct 19% Dec 23 ? Dec Dee 16 2 7 6»? 7 115 Nov 33% Jan 34% Jan 53% 80% 85 k 85 k SO 24 82% 86 86 313 61% .07 67 k 48% 90 k 91 79 88 k 64 k 65 k 163 87 55 60% 78% 90 k 95 83 91 v 1956 85 k 91 Mem Div 1st g 59....... 1990 82 k 82 91 k 8ii 83 83 .1056 — 1951 St Louis Div 1st g 4s.—.. So'western Bell Tel 334s B... •Spoka ne 1st Inter >at g 110 k 105'4 1961 104 * 1953 1945 Superior Oil 3ks debs.— 1951 VIN Swift & Co 2ks deks- 196i Ok 82% 85 10 3 9 21 10 B, 131 108 103k 14 103 103 103 k 3; 102% 102% UN 91% 79% 4 35 104 k 87 k 80 k ioik / 68% 92% fifi fi 10 lk 1015 104 1013( — —— Studebaker Corp conv deb 6s. 2 H debenture 105'fj 102 1960 Standard Oil N J deb 3s..... 11 34k 35 4 34s 2013 Stand Oil of Calif 2%s debs- 8 34 37 101% 102% 104 105% 103% 104% 107% 108% 101% 103% 102% 103 1 T Tenn Coal Iron <fe Rlt gon 5s—1951 J A *121 k j Term Assn St L 1st cons 5s....1944 F Gen refund — 121 120% *107k 109 k »o Jk 109 k ..—1953 / J Ref & impt mtge 334* ser B. 1974 J Texarkana& FtSgu5>48 A—.1950 F a "91" 90 k 91% Texas Company O 10,»k 1905 Vf N 105k 105 k 105 105% f g 4s s 3s deb 1959 — 3s debe ntures 1943 J Texas & N O co 1 gold 5i Texas ife Pacific 1st I gold 5S—2000 *i02 ./ 102 k 105% *100 j 10.' *09 k i D ioik Gen & ref 5s series B....... 1977 1 0 67 68 07 k 17 6sseries C.------1979 4 O 06 k 06 67 39 / D 66 68 k 67 10 Gen & re Gen & ref 5s series D— 1980 102 k Tex Pac Mo PacTer 534s A... 1961 M R J *54*" *AdJ Income 53.— §*Third Ave RR 1st g 5s Jan 1900 A O -1937 J J 17 k Tol & Ohio Cent ref & Impt Third Ave Ry 1st ref 4s— I960 / k 102k 61 ' 17k. 10 55 lsk 103 k 90 / D 1950 1 O 83 k 1942 M s 216 fiO 60 67% ; 67 102% 103% 51 53% 13% 13% 100 103k 90 k 89 90% 83 k f 33481960 Tol St Lculs & West 1st 48 Tol W V & Ohio 4s series C 4 121% 107% 103 109% 110 k 102 102% 86% 91 % 104% 105% 104% 105% 99% 100% 99% 102% 61% 67% 81k 83% *101 k Toronto Ham & Buff 1st g 4s..1946 / Trenton G & El 1st g 5s... i65k 166" 166% 108 100* 105% 105% vf S 1949 Trl-Cont Corp 5s conv deb A.. 1953 ,/ D *i05k J U 109% 111% 101 ioik 10Dj2 10luJ! 101 102% 110 109k 110 6 7% Union Paclflo RR— 2534 July - Aug .1947 J 1st Aland grant 4s... 97 k 97 k 103k *106k 101k ... 73% Aug 1980 i Ref mtge 3>4sser A——... D Unlted Biscuit 3 34s debs.. ^. .1955 I .1952 A 97 103k O United Clgar-Whelan Sts 5j United Drug Co (Del) 5s... 0 -1953 m8 ilOk k 96 1970 A 3t-year 334s deb— 35-year 3348 deb...-—.... 1971 MN July . 110, 8k 101V 101 Union Oil of Calif 6s series A. .1942 F .1959 F 3s. debentures— 109k 101 k Union Elec Co of Mo 3348— .1971 V/N ti*Unlon Elec Rv (Chic) 5s— .1945 A L 107 ; 73 73 98k 96 k 97k : 109% 111 96% 98% 97 98 103% 105% 104% 10789, " 73 : 93% 07% 104% 105 *105 United States Steel Corp— *19 12% 191? 127? 19 19 85 12% 12% 119 119 *116k 119% *6% 7 6% 6% 36k ?6k 35% 36% ♦82 85 *82 85 1U2 *11% 900 3,500 Yale A Towne Mfg Co.—.25 Yellow Truck A Coach cl B—1 100 300 4,700 Preferred— ...... 100 Young Spring A Wire—No par Youngstown S A T.-..N0 par 2 117? Jau 2 111% Jan 3 5% Jan 2 15% Jan 19% 13<2 119% 7k 37k Feb Jan Jan Jan Jan 4 14 20 19 13 15 ,D3C 10k Dec 109% Deo . ' Serial debentures 221? Jan 17 k 120 ,75=i————i—May Jao 12U Jao 29 Deo Jan 76 Deo 42k 95 " Aug 9k Dec 18% Jan 1 1942 MN .8759.-4—1—Nov l.OJs—.j—i.-.May Jan 5% Dee ; 1 1942 MN 1.125s——i—Nov 1 1 19*3 MN 1943 MN *100 " ; + ♦ 100 Ilk 85 H'f *91 *1112 85 117g *82 Ilk 85 *82 1H2 lll2 117? *11% 117? T.500 34 Jan 6 5 h% preferred series A. 100 78 Jan 12 Youngst'n Steel Door..No par 11 Jan 2 Jan 14 84- 12k Jan 5 V Pkf 2% *9% JO 2k. 2k fik »%| 2k 2k •Bid and asked prices; no sales on 9% 2k this day. 2k ♦9% 2k 97? 2k t In receivership, *9% 2% 400 2% 1.000 d Def. delivery, Zenith Radio Corp—No par Zonlte Products Corp..——-1 n New stock, r Casn sale, x 9% Jan 17? Jan Ex-div. y 2 9 10 Jan 5 2% Jan 25 Ex-rlghts. ,. 8 Dec l%.^A»r lffk Apr 3k Oct t Called for.redemption./.- — -v.-C 100 k look look *iook 4—"—May 1 1944 MN 1,375s—4—l—Nov 1 1044 MN —i— -May 1 1945 MN look Nov 1 1945 MN *100% 1 1946 MN 1.80s...f Nov 1.85s—".——May 1 1946 MN *101% look 1.25s 1.508 1.625s *9k 2k " 109k iOOk 1.75s.—-i.—May *8t ? 109% 1H% 105% 107 • U N J RR A Canal gen 4s„. —1944 m S 10 10 18k H* 10 19 19 19% 1234 128; 12 k 1234 1284 127? 127? 127? *1161? 1101. *116% 119k *116k 119k *116k 119k ♦5k 7 6k ' 6k *6i2 6% *6% 6% 35k 3513512 351? 35k 36 3534 36k , I 105 k 1061 1908 1st & ref 3s series C— 147 130 60%. Dec ..,75% Aug July ,86 - Apr 122 80 Jan -50% Dec 5 48- 187 85 k Jan 77 Jan < 4784. Decs 67k Jan 26 104 Jan 15 48 228 Dec Sept Sept Mar 85 Jan 26 317 85 01 % 57% 54% 51% 54% 2% May Apt A pi 98- Jan Jau Dec 4k Jan 15 2 62 76 1% 3k Jan 54 Jan 3034 July ,1% 73% Jan 13 53 k 53 k 84 Devel & gen 6348—------- 34% Jan 36% July Apr Jan 52 52 53 k 5ih 50% 65 k 4s Devel <fe gen 6s....... Mar 18% Dec 2 5 63% Jan 17 98 Jan 29 67 k Jan 28 July lk May 141 Jan 12 Jan 50 k Jan 9 Oct Oet Jm 52k 65 67 k Jan 2078 July Dec , 50 50 53 k -61 .1955 117% 107 71 . 0 Souther Jan 24k July 10k 18k Jan 24 Jan 31% Nov 22k Jan 13 24 Jan 115 10778 15 17? Jan 6k Jan . 6% Jan 20 6 106% Dec Feb 10% Dec 284 Dec 2 k Dec 4i Feb 2 Jan 4 ■? Apr 15 260 53k 53 k .1991 1 Ry 1st cone g 5i Devel & gen 4sseries A.... .1950 South Pac RR 1st ref guar 25% July 74% 18% Feb 27k 1940 J ...1J50 1 10-year secured 3§4s 4% July 26 3 k Jan 27 53 Jan Jan Feb Dee v- 19 4k 1% 105 6 3 13k Jan 21 3k Jan 3 2% Jan 6 53 20k 80 2978 July 8 27 k Feb 63k Jan 13k Jan 2334- Jan -1738 July Dee 27% June - San Fran Torm 1st 4s Oct Aor Dec — Gold 434s Sept Dec ht 200 51k 84 k M » ——1968 M * -I960 UN 1981 MN Gold 434s 1 % July 15 .60 88 Sept 6k Dec 77. Dec 118 : 24% Jan 22 Gold 434s k 57 53 k 59 k 60 k 1949 — _ 1 k June 26 k 104% 15k 6 2«k Feb 3H2 Jan 106k Jan Dec 88 Jan 2 127 Dec Dec Dec Feb ,99% Dec 8 8 9 6 2 3. 27 28 27 14 5 81k Jan Jan Dec . 1st 43$s (Oregon Lines) A—.1977 6% Jan Sept 15k Sept e3? Sept 38 65k Mar Jan 22 91 104 . 57 1949 / D 4s (Cent Pac coll) 4s registered 1 36 21 >4 :'16% Mar 0 3 Feb Apr Jan 105%' Jan Feb 10% 10k 1%. ; 80 • , 20k Jan i70 2 22k Feb • ,14- Feb 19 6% pref.100 Woolworto (F W) Co Apr % . 12 1% Jan Woodward Iron Co.———10 Jan 3 39k Jan 5>2 Jan No par De. 2 2 3 4'1 F"b 1 No par $6 preferred.- 27k 26% 27 »26k 20 34 20% 203/ 20k 135 ' *117 135 *117 135 195 5 Feb Dec 6 10 6% conv preferred *114 23k 100 $5 conv prior pref...No par *14 14k — Wheedng Steel Corp...No par 160 Dec 2k lk Jau 24 2 112 253? 77k 777? 7714 78 125 197 *125 • 127 3 25% May arl ?% Jan 21 Jan 9% : Jan 5 Jan 15 Jan 22 Jan 20 Jan 5 25 Jan 104 247? 187? °8 157? De. 96% Jane Jan 16 74 6k. Dc. ; Jan 4V*% Pf-100 Co No par 4% 2d preferred 100 6% pref.. 100 784 5 5 % Jan 2 19 6% preferred.. 100 Western Auto Supply Co... 10 Western Maryland 100 *?0 14 14'? 19k 100 100 West Va Pulp A Pap *99 68 3k *3% 18% — — — West Penn Pr Co 112k 112k 6 26 Jan 17 Feb 4 Jan 8 ..100 70 88 k 88k 101k ioik 3k 784 .No par 7% preferred 19 19k 70 15 5 ....1 — *6934 *183,. *69k 87 Co.No par Wayne Pump Co Webster Eiseulohr 1,700 170 93 267g 314 2fik No Par 26 % Jan 2 16% Jan 5 5k Jan 21 69 Jan - 2 No par 800 613, 106 68 33/ 8 >?• par 35 35 -31V 10512 105% *58 61% 313, 267g 1*3? 3% *31? *7% Jail $3 preferred 29k 29k *2834 30k ?0k ro% ro% 10>12 10512 *101% 105% *58 61 *58 613? 67k 3'8 15 Jan 3 5o 2434 26?? 334 15 14 *34k *34k Jan 7k 18k 101k ; 4% 33% 15k 3% % 19k 57? Jan 21 4 par tWarrenBrcsCo 120 99 32% Feb par 5 No par $3.85 preferred 1,700 22k par 100 7% preferred Warner Bros Pictures 30 19 2 17k Jan 12 ..No par Walworth Co.— Walk(H)Good A W Ltd No Div redeem prer No Ward Baking Co cl A ..No Class B No ""366 74 7k Jan Waldorisystem 2,000 1/01 % »u 23 ♦22 14«4 3i2 % 74 *71 4', 3312 100 ; 39% Jan ' 26 k Jan -'No vat Walgreen Co .-.-.No par 4VS% pref with warr 100 800 4% ?23l 4% 33 L..-,-100 Wabash RR pref w 10,200 2812 *7 18% 33 29% 7h 18 1778 10012 100% 29l4 71, *17k 173/ 18 173? *17 173? 104k 104k *10912 10«4 *102k 10434 61k 33? .341? *55 *10H4 102G *10lk 102k *10112 102 *37 *21 28i2 1.90s.... - —.Nov For footnotes see page 627. 100% 100% 100% 100% ----- 100%. 100% 100k 100% 100% ----- ----- 101 1 1947 MN 101 1 1947 MN 100% -100% - 100% 101% 100% 100% 100% 100% 101% 100% lot 100%. Volume 155 Number 4044 THE COMMERCIAL & FINANCIAL CHRONICLE 627 NEW YORK BOND RECORD Fr Ida/ BONDS Last N. Y. STOCK EXCHANGE Sale Week's >" Week Ended Feb. 6 . ■' Price -■<0, . Railroad & 'ndus. Cos. (Con.) U nlted States Steel Corp (Con.)— & Iaw Serial debentures (Concluded)— 1.95s May 1 1948 MN Range > Friday8.* Bid 12 Jan. No. Low High 1 100% 100 100% 101 2.05s .May 1 1949 MN 100 100 %■ 2.10s ...Nov 1 1949 MN 100% *100% 100% 100% 101 101 1 1950 MN ....Nov 1 1950 MN ........May 1 1951 MN .JJ.30s..i.i.--....NoV 1 1951 MN *100% 101% 2.35s May 2.40s............Nov 1 1952 MN *100% *100% 101% 2.45s..... 11953 MN 1 1953 MN 2.20s.... 2.25s 7 - , >■ 2.60s;....... ; . 1 1952 MN ..May .NOV . . 2.55s....: May Nov 1 1955 101 Utah Lt A Trac 1st A ret 5s 94% O 1944 A 100 Utah Power A Light 1st 5s.... 1944 F. A 100% - 99% 102 100% Low Cons 4s series A.1955 F f 4s series B. s 109% *40% Va & Southwest 1st gu 5s .2003 J J *88 O 1958 .4 Virginian Ry 3% series A 72% 76 % 10a 48% 47% 7 J 38% 1 1966 M S 108% 108% ♦Ref gen, 28 ~A 5s series B:4.1976 F (assented).ji. ♦Ref & gen '4%S Sferles C."...1978 AO ♦Ctfs of denosit (assented).!... 6s debentures..^.1955 4 Plct 6s debs.....1948 {{♦Warren Bros CO deb-6s...1941 I 109 * • 1939 M N 84% {♦2d gold 5s ♦Ctfs of dep (reorg mgr) ¥ 1939 A 84% 84 ♦Ctfs of deo (reorg mgr) 84 43% 43% 43% .. 42% ■; and deferred 45% 35% 1963 84% 99% 96% 95% *35% 76% *105% 28 23% 16 .24 24 28 J 22% •26 22% 26% 26% 10 99% 97% 22% 27% 45 23 28 83% Conv deb 2361 1 1st mtge 3 %s series 14 27% 28% 37 28% 119 20% 20% 29% 28%; 83 83% 33 79% 84 86% 86% 36 82% 88 83% 84 45 81% D 86% S 84 81 97% J 3s..'...1954 J 36% 31 J O ./ West NY A Pa gen gold 4s...1943 A O 110% 90 76% 69% 76% 105% 105% 106% 110% 90 101% 88 91 101% 103% 10) .'w 85% 100% 101% 101% 14 ♦Certificates .'48% 47% 45% 48% 33 45 50 .46% 10 40% 47% : 103% 103% M S 114 114 114 W 8 93% 105% 93% 105% 1955 J J 1 O 100% 35 114 114 46 45 3 114 37 47% 37% 42%' 13% 114 J - - - 13 Wisconsin Elec Power 3%s..'.196S A 11% 109% 107% 0 J « 11% 11% Wisconsin Public Service 3%s.l971 J {♦Wor A Conn East 1st 4%s..l943 J 46% *43 ^ 1/N 107% J m - », > 95 175 102 J ter 1st 4s..1936 114 93% 104% 106%' 100% 102 1 102 1960 J of deposit 114 2 26 4s... 1949 J gen 102% 103% 2 93% s pt s ... 42 11% 9 5 13 114 9 12 109% 2 107% 10 108% 109% 107% 108%. Y 102 24 101% 102% 39 99% 100% *12 ■ Youngstown Sheet A Tube— Conv deb 4s... %s n . ..1948 M ser S 102 1900 M N D 101% 99% 99% 99% 37 119% 121% 1952 A - D ♦Certificates of deposit... " 107% 108% 109% 109% 110% lll%i 1966 J • J 1947 {♦Su A Du div A 99% 101 95 47 108% 109% 110% 1977 J. - - 1 108% 109% 1st A ref 5 %s series A. 1 High 27% / 3% {♦Wis Cent 50-yr 1st 86 147 97 No. Low 27% 2301 J Wilson A Co 1st M 4s A ■; 39 86 Since 28 M Wheeling A Lake Erie RR 4s..1949 Wheeling Steel 1st 3%s ser B-.1966 28% 27% , *98% M S Western Maryland 1st 4s 43% - High ' Jan. 83% 1951 J West Va Pulp A Paner 39% 24 120 ') V 80% 77% 50 119% 85% 91% 97% 102 103% 104 %i 101% 103% 44% 34% 80% 75 I) 85 35 51 • Bonds Sold S W 1960 West Shore 1st 4s guar i 31 26% 27% 25% 25% 26% 26% Range or Asked 33% v: D 79 ; 43% 43% delivery sales disregarded In are Deferred delivery sale not ineluded in the year's range, d Ex-Interest. « Odd-lot sale not included in the year's range, n Under-the-rule sale not included in the year's range, r Cash sale not Included in the year's range. ■ ; { Negotiability Impaired by maturity. 1 The price represented is the dollar quota¬ tion per 200-pound unit of bonds. Accrued interest payable at the exchange rate of $4 8484. a t Companies reported as being in bankruptcy, receivership, or reorganized under Section 77 of the Bankruptcy Act. or securities assumed by such companies. * Friday's bid and asked price. No sales transacted during current week. * :♦ Bonds selling flat. the week's AND YEARLY rant.e unless they RECORD the only transactions of the week, and when selling are outside the regular weekly range shown are in ft No account L« taken of such sales in computing the range for the year. following extensive list last (Jan. 31, 95% 5 A :|NEW;:Y0RK|!CyRB|EXCHAN6E::|!S|f|ll|:i: footnot* In th« week In which they occur. In the *96% 78 84% 84% WEEKLY NOTICE—Cash S M 8 M Westchester Ltg 5s stpd gtd...l950 J Gen mtge 3%s.....j._....1967 J r {♦1st gold 5s .28 424 Bid V/ N 1946 1st mtge i f 3 West Penn Power 1st 5s E tWabash RR Co— 27% 26% 26% 25%' 26% 26% 86 O Washington Term 1st gu 3%s.l945 F A 1st 40-year guar 4s_.j___.-_.1945 * A 107| W 28 25% 3%s__.2000 F A Washington Cent 1st gold 4s..1948 Q M "70% "73"" 108% 37% 48% 39% 27% Warren RR 1st ref gu g 73 1946 M R ser A. Registered 76 r-♦Ctfs Of deposit 91 1st cons 5s 37% 27 2 :• 75 69 37% 31%. 31 % 76% . Price Low 30-vear 5s 90% Friday's (Concl.) Winston-Salem 8 B 1st 4s 109% 110%: 75 Foreign Govt. & Mun Range Sale Westlnghouse El A Mfg 2%s..l95i MN J 99% 101% 109% 75 90 90 J Warner Brps 1968 M ,S 5s. .1949 M S High 25-year cold 5s 90 *.:1981 J > Va Iron Coal A Coke 1st g Week Ended Feb. 6 Week's Last Inter st Period. EXCHANGE ♦5s assented {♦Wabash Ry ref & gen 5%s A. 1975 M S U ♦Ctfs of deposit (assented) - A v. 1 STOCK {♦Western Pacifi: 1st 5s :• 1957 M N Va Elec & Pow 3%B8er B No. Low MGen mtge inc 4%s series B..1991 J t Jan. 03=0 High BONDS N. Y. ; Since O Western Union Teleg g 4%s...l950 Walworth Co 1st M 4s..:.... 1955 AO cons g C> ! ♦Ref A gen 5s series D...:..1980 AO ♦Ctfs of deposit (assented) Vandalla RR Ft Ida j Range k2 dk ' Asked ♦Ctfs of dep (reorg mgr).. 1941 1st mtge 4s series A..1971 J ■X < 103 "95% Bid Gen mtge 4s series A 102 101 101% 100 Na, - 100% 101 X 103% 94% 97%: 101 *101% United Stockyards 4%.s w w.,1951 AO ~ 100% 101% 101% 101% *100% MN Price llhefc's Range or Friday's ' { ■■ 101% 100% 100% 102 Sale ♦Ctfs of dep (reorg mgr)_.1941 {♦Des Moines Div lstf4s— 1 ♦Ctfs of dep- (reorg mgr).. 1939 {♦Omaha Div 1st g-3%s..._1941 ♦Ctfs of dep (reorg mgr) ^..j. {♦Toledo & Chic Div g 4s— i> I 100 101 Last K 1954 ♦Ctfs of dep (reorg mgr) {♦Det & Chic Ext 1st 5s—. .. ' 100% 100 %> 100% 101% 10 *101 % 1 1954 MN i 2.65s.May 101% 101% 101 .Ail 101 1 1954 MN 2.60s - 100% , 100% 100%' 100% 100% *100% 101% ii 6 (Con.) {Wabssh RR Co (Concluded)— ♦1st lien g term 4s._-.__ 100 % 100% ......May •«' Railroad & Indus. Cos. High 1 1948 MN 2.15s "r• N. Y. 8TOGK EXCHANGE Week Ended Feb; 6 " ' £3 Asked BONDS • Since Nov 2.00s Friday • Range or 4 furnish we complete record of the transactions a on the New York Curb Exchange for the week beginning on Saturday It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬ bond, in which any dealings have occurred during the current year. ' 1942) and ending the present Friday (Feb. 6, 1942). tended to include every security, whether stock or , mm Friday Ixist STOCKS Sales Weeks' Range Price Sales for of Prices Week Sale Par Low High Range Since Jan. 1 Low Week's Range of Prices Week 1 Friday High Price Associated Friday for Sale Shares Last Low High Range Since Jan. 1 Shares Low Last Week's Range Sale of Prices High Par Elec Industries Amer dep rets reg 22% 22% 19- Jan 22% Feb 200 4% Jan 5% Jan Jan 50 4% 4% AlnBWorth Mfg common..5 5 8 Air Associates Inc (N J)..l Aircraft Access Corp...50c 5 8% 1% 1% 1% Air investors common...2 1% 1% 500 4 5 Feb 200 6% Jan 8% Feb 1% Jan 500 Warrants he 80% Alabama Power Co $7 pf_* preferred 105 81 Jan 102 * Alliance Investment Ja he 91% 81 Jan 97 100 113% Jan Jan Automatic Products Jan 22% Jan A utoraatlo Voting !-■' 100% Jan 105 Jan 114% 12% Jan ""50 5% Jan 12% 75% 500 77 100 • Jan 4,% Feb 75 Jan 90% he 22 3% he 22 3% 77 Jan Jan 22 Jan 100 3% Jan 4 Jan Conv class A 25 Class B 8 300 68 50 1 he 10 Lines com..l 10 9% 11% 10% 35 35 37 American Gas A Elec.-.10 100 Amer General Corp com 19c 1 52.50 conv preferrrd.--l 23% 22% 23% 25 150 4,400 700 11% 19% 11% 20 102% 19% 101% 2% 101 2% 27% 2% 28% "32" 30 32 18 18 20% 20% "20% 10% 10% 150 41% 24% Jan 35 11% 2% Am Superpower Corp com * 22% 4% 180 4% 400 Jan 35 ; 5 Jan 31 % % 47% "3% "*3% 2% 2 2% --2% Jan 12% 20% Jan Beau BrummellTie8 Inc..? $1.60 co iv 2% 28% Feb 4% "266 3% Jan 3% Jan Feb Beirnon A Hedges 17 Jan 18 Jan 18% Jan 21% »h« Jan 1 Jan 72% Feb Jail 85 'i« Jan 24% Jan Jan Beech Aircraft Corp -1 8% Jan 104 10% 26% Bell Aircraft Corp com.-.l 15% Jan Belianca Aircraft com....l 2% 11% Jan Jan 27 Feb Jan 20% Jan 7% 100 7% 6% Jan 7% 7% Jau •4% Feb - Jan Jan 4% 100 3% 8% 27 2% "?T%" Jan 2% lq% 2,900 2% 400 170 Arkansas P A L $7 pref...* Aro Equipment Corp....l % 7% 87 7% 1 7% 87% 8 1,700 500 80 400 Assoc Breweties of Can..* For footnotes see page 630. ""•4% ""4% 9% 16% Jan 14% 2% 108 2% 112% 32% Jan Canadian Jan Capital City Products...* % Jan "400 200 ,400 1% 400 2% 2% 600 9% Jan 12% Jan Jan % Jan Jan he Jan 2% 2% 2% 400 11% 10% Jan 3 Jan 1 Jan 1% Jan 1% 1% Jan 15% 1% 1% Carnation Co common...* Jan 1,700 he Jan Jan 17% Jan 2% Jan 2% Jan 2% Jan 2% Jan 2% Jan 9% 250 9 $2.50 preferred-.-:-.. .* - 38% Bliss (E W) common:.i: 3 ..... 1 3 15% 50 16% % — 33% 16% •% 35 1,300 -2% 2% 2% Jan 3 Jan 2% Jan Bowinan-BUtmorecom 4% 4% C) Co com.. 7% 1st preferred 100 1,500 4% 6% FeD Jan "4% 111% 103% 5% 6% "4% "4% "300 4% Jan 5 Jan Jau Casco Products % , 37 41 190 Jan Jan Jan 16% % Jan Feb Castle (A M) common.. 10 35 Feb Catalln Corp of Amer.._.l 3 3 3 900 2% Jan 3% Jan * 7% 7% 7% 400 6% Jan 7% Jan Jan 5 Jan 7% pf 100 5% pref. 100 80% 80% 90 80% Jan 41 Feb i Jan 31 Jau com Cent Maine Pow 82 Feb 85 1 7 Jan 8 Jan 7% pfd 100 105 Jau 107 Jan Jan Jan 3o 1% 1% 2 g Jan Jan 6% Cent Ohio Steel Prod Cent Pow A Lt Jan Cent A South West Util 50c 300 he Feb % Feb % 2 Jan Cent States Elec com 300 hw Jan ht Jan 6% preferrrcd.. % Jan he Jan Jan Jan Jan 200 1% Jan 6% Jan 7% preferred 100 he Feb Jan 9% Jan Conv 100 % Jan % Jan % % 10 Jan 11% 3 Jan 3% 9% Jan he T ".'*6% '^266 9% 9% 500 8% 7% 7% 1,500 "2" "IOO Jan Bridgeport Machine..:--* 7% Bridgeport Gas Light Co.* Jan Preferred Brill Corp class A. he Jan 8 Feb Class B 5% Jan 3% 4% Jan Brlllo Mfg Co common.. .* Class A -* : _* Jan Jan 2% 7% preferred.......100 Jan Jan 1% 52 -.* Jan 7% 20 T 100 Jan Jan Jan Jan Jan Jan Jan Jan ._..* Jan Jan 14% 32 4% Jan 13 Jan 8 $5 2d preferred--.----.* Jan 103% Cent N Y Pow 41 Brazilian Tr Lt A Pow.--* 13 103% 103% •4% 5 50 5 Couv pref opt ser'29.100 7% 1st preferred-...100 Jan Jan 103% 5 . Jan 84% 6% Jan 6% 1% Jan Jan 30 39% 110% Jan 110% 110% 38% Jan .. 9 1 1% 7% 87% 42 * Feb .5 Jan . Jan Feb Jan Bohack (H Jan Jan B.__ 3 300 Bourjols Lie Jan Jan % 12 Carolina P A L $7 pref...* $6 preferred * Carrier Corp common... 1 Carter (J W) Co common. 1 500 200 Borne Scryinser Co.-.i. Jan Jan Jan Cent Hud G A E . $3 opt couv pref Jan % % 8% Jau Jan Jan 7* 100 450 12 10 6% A Machine Co com... Jan 103% 100 Marconi.... 100 Feb 9 Birdsburo Steel Foundry Blauner's common. Jan 7% preferred Jau Class hi Feb Jan non vot Canadian Industries Ltd— Carman A Co class A....* 2% 99% Jan Jan % 5 5 Ashland Oil A Ref Co.... 1 Jan Jan * Jan >u 48% 2% * Class B Jan Conv preferred Jan Feb Class A voting 22 Berkey A Gay Furniture. 1 Blckfords Inc common—* Jan 200 1 7% Jan 3i% Jan he 46 7% 2,200 110% 2% 110 8% Brewster Aeronautical.-.1 * Jan 10 Jan Jan 7% 14% Breeze Corp common....1 Arkansas Nat Gas com...* 15% 91% 1,500 3% 1% Colonial Airways...l Canadian Dredg & Dock.* Jan 31% Feb % Appalachian Elec Power— 50 Jan Jan Canadian Indus Alcohcl— 8% 4% 31% »ie 99% 101 3 1% Can Feb 8% 100 12% 87 h« 50 Jan Jan com...* Blue Ridge Corp com.... 1 Jan 900 1,000 2,000 Canadian Car A Fdy Ltd— Jan .1 Jan Canada Cement Co Ltd.* 800 22 Bell Tel of Canada.... 100 32 Apex Elec Mfg Co com...* Jan Jan h# % Calamba Sugar Estate..20 Callite Tungsten Corp...l Camden Fire Insur Assn.6 % 20 pref Jan 600 Feb 2% 50 ill % Baumanu—See "Ludwlg" Jan 50 Jan 39% 7% partic preferred...25 2% 47% * 5% pf..5 Amer Writing Paper com.* 11% Jan 50c 7% 5 $1.20 conv A com Blumcnttial (S) A Co... % 1st $6 preferred Jan 35% 50 Jan Jan 33% Jan $6 series preferred Jan Feb Jan Jan 7% pieferred--------30 2 200 Jan % 11% Burma Corp Am dep rets California Elec Power...10 29% American Thread Art Metal Works com 35 Jan 26 100 47 Burry Biscuit Corp..l2%c Jan 150 "266 27 10 Jan 4% 400 "T" 2% 2% 27 11 Jan he 28% Jan 1,000 "6~ 10% 13 Jan Jan Feb % :rlO% Jan Feb 18 2,300 15 87% Bunker Hll) A Sullivan 2 50 3% 101 .50 200 Burco Inc $3 pref....*...* 26% 175 900 Jan Jan Jan hs 14% 87% Jan Jan 300 % Jan 15 Feb 1,900 "3% Jan 39% 87% 3% Barlow A Seelig Mfg— 19% 39% * $a 1st preferred 3% 13% 3% Barium Stainless Steel—1 Jan 49 2,500 Jan 26% Jan Jan 2% 49 com. 2 10% Feb Baldwin Locomotive— • 150 10% % 27 .2 - Feb 2% 3% Jan ..... 10 Jau 6% Jan Jan Jan 26% 13 ------ preferred 16% Jan Jan 3% 14% % 2% $6 pre/erred Jan Jan BruckSilk Mills Ltd 26% Jan Jan Jan 2 Bruce (EL) Co common.5 Buckeye Pipe Line 50 Buff Niagara A East Po'v — $1.60 preierred ..25 Purch varrants for com. Jan Ftb 1 % 7% * Vot trust ctfs Fell 79% % Republics....10 Common cl A non-vot- preferred Jan * 9% he 8 Cable Elec Prod com..50 Feb 10 Jan Cables A Wireless Ltd- Feb 20 1 6% 4% 8 % 8 10s Jan Jan B 6,600 —100 4%% preferred 32. Beaunlt Mills Inc corn.. 10 25 * 34 68 650 Amer Mfg Co common. 100 Amer Potash A Chemical . Jan 'si Amer Hard Rubber Co..50 Mach...20 ho 7 Jan Basic Refractories Inc...1 $2 conv preferred A ngostura-W u pperman. 13% 4% 1% 3% 2% 13% 13 Jan 300 Amer Fork A Hoe com...* Anchor Post Fence 400 Jan Foreign Pow warr... Amer Seal Kap common. 3% 7% 65% Amer Cyanamid class A.10 Amer Meter Co... 3% Baldwin Rubber Co com.l 25 Class A American 1,800 'st 7% 68 Amer Cities Power A Lt— Amer Maracalbo Co 3,100 3% Jan Jan 'is Class A common..---10 Jan A A m den 5 U % nref slis * Preferred. 6% 2% W arrants..,. Babcock A Wilcox Co * S5.50 prior pref 6% preferred... "ioo 5% 2 16% Ayrshire Patoka Collieries 1 Jan 20% dep rets crd reg.. .£1 Am deprets ord reg.. Axton-Fisher Tobacco— Jan 96 % 30 .10c S3 preferred Amer Laundry 16% 6% 2% 3% .1 Maeb..* Jan 100 Jan % 6% preferred w w.—25 6% preferred x-w...-25 Class A com-: on....10c Amer Lt A Trac com 3 7 Atlas Plywood Corp.* Auburn Central Mfg.-i--* Feb 113 100 4%% preferred 3,700 13ie ' - 300 "22% American Capital— Amer Export % 18% 400 Amer Box Board Co com.l Amer % Atlantic Rayon Corp.... Jan 113% American Beverage com.-l Class Bn-v Jan Avery (B F) A Sons com.6 Aluminum Industries com » — Jan 27% Jan 113 Aluminium Ltd common.* Common class B 3% Jan Atlas Corp warrants.::.. ""4% ""4% 100 Aluminum Goods Mfg...* preferred;.. preferred Jan 22 Atlas Drop Fcrge com..;5 common.. Aluminum Co common.. American Book Co 3 50 Jau : Am Brown Rubier Co Jan "175 "22" 22% com 100 Jan Jan — Brown Forman Distillers.1 3% 1% High 13% Jan British Co] Power cl A...* 26% 2 % % 18% 21% Low 11% Brown Fence A Wire com. 1 3% Jan 103% 105 25 * Jan 26% Jan ■ -6% he Atlantic Coast Fisheries..1 2% * couv preferred. ' Range Since Jan. 1 British Cclanese Ltd— Class 1 * Allied Products (Mich).. 10 6% Jan Atlantic Ccast Line Co-.50 Feb Allied Intl Investing— Altorfer Bros % Jan Jan 107 for Week Shares Coast RR Co pref...100 Jan Jan Jan 77% 107 Alles A Fisher Inc com...* Class A conv Jan Atlanta Gas Lt6% pf.100 Alabama Gt Southern..50 S3 1se Atlanta Birmingham A 1% 1% 1% Jan Fel) Jan Assoc Tel A Tel class A--* 1,100 Jan '6« 3,100 $5 preferred — * Assoc Laundries of Amer.* Con v preferred $6 h# -1 Class A--:* 1 High Am dep rets ord bearer £1 .....1 Common..: Supply Mfg Class A. 1 Class B Low £1 {Associated Gas A Elec— Acme Wire Co common.10 Price British Amer Oil Co. Britisn Amer Tobacco- Aero Sales STOCKS (Continued) he Jan 8% Jan 20% Jan 2% Jan 52 "i6% 10% 10% 400 Strip Co 1,600 5 h6 Charls Corp common...10 Jan Cherry-Burrell common..5 Chesebrough Mfg...:..25 Chicago Flexible Shaft Co 5 Chicago Rivet A Mach.__4 Jan 47 Jan 13% 31%, Jan 14% 31% Jan Jan Jan 1 % 1 Jan Chamberlln Metal Weather Jan 44 ..... Cessna Aircraft Co % Jan Jan 3 Jan Jan 3% Jan preferred 1 100 9% - 9% 25 4'eb 4% 10% Jan Jan 72 "50" 5% Jan 83 Jan "5*1" 150 49 Jan 51 Feb 5% 125 5 Jan 6 Jan 628 THE COMMERCIAL & FINANCIAL CHRONICLE Tuesday, February 10, 1942 NEW YORK CURB EXCHANGE Friday STOCKS Sales Last (Continued) Week's Range Sale Par Chief Consol Mining Low Friday for Range Since Jan. 1 High Shares Low 1 Clillds Co preferred 34 100 13)4 Cities Service common.. 10 #6 preferred 60c preferred B 3 14 3 55 2 1,275 3,100 500 Jan 8 52 H 53 be Jan 234 Jan 14 Feb * of Prices $3 Jan Feb Eureka Pipe Line 3 Jan 55 Jan 4 Jan 52' 8234 8234 434 Low High 732 1 conv 16 34 Jan 34 Jan Clark Controller Co Jan 1434 ; 1 copa..60 234 Jan Clayton & Lambert Mfg..4 Cleveland Elec Ilium....* 34'; Jan 15 175 Jan Week Par be. Jan 1634 234 Jan 2 Jan 19 34 High Range Since Jan. 1 Low Shares V t c common be 7% preferred Jan 100 Feb 8 High 834 74 8 7134 Jan be Jan 834 Feb 7734 Jan Jan 13 Jan 100 International Cigar Mach * 72 Feb 7134 12 Insurance Co of No Am. 10 Jan 234 Low Industrial Finance— Jan Jan 21 Jan Price 1,050 Jan 134 134 134 134 1,600 1)4 Feb 2 Jan 134 134 900 134 Ja« 134 Jan 34 34 »i« 7,400 34 Jan »»»« Jan 2,100 834 Jan Jan 934 934 Jan 9 Jan 5 Internat Metal Indus. A. 1 834 *834 234 .2 Falrchlld Aviation Jan Fanny Farmer Candy.... 1 Fansteel Metallurgical.. 634 434 9 * 234 300 834 Jan 934 Jan; 2,200 134 Jan 234 Jan 734 1834 734 Jan Falstaff Brewing Jan be for of Prices Elec— Pref $3.50 series.—-.50 Internat Industries Ino—1 734 Jan 35 • Jan Fed Compress & W'h'se Jan '634 Jan Fire Association 334 Jan 334 Jan Florida P & L $7 pref....*l Jan 1 Jan Ford Motor Co Ltd— Jan Feb 334 Jan 1534 50 1534 Jan 6 34 500 534 Jan 434 " 634 434 4J4 Jab 6234 (Phila)T10i Jan 1534 5 1,200 100 200 300 21 Week's Range Sale Internat Hydro 34 3)4 334 be 234 334 Cllnchfleld Coal Corp.. 100 .. Sales Last High Jan 1434 Jan "i# 234 2034 Fedders Mfg Co Claude Neon Lights Ino..l 5H 400 Eversharp Inc com Falrchlld Eng & Airplane. 1 5)4 Low Jan 34 8234 4 34 Cleveland Tractor com..* Shares 34 16 Fridan STOCKS (Continued) Range Since Jan. 1 for Week Jan (Jan Price Equity Corp common.,10c preferred Esquire Inc Jan 4 City Auto Stamping City & Suburban Homes 10 Week's Range Sale Par 78 Cities Serv P & L $7 pref $6 preferred.. 53 34 Last High 48 * * —* $6 preferredBB 10 Sales STOCKS (Continued) Week of Prices Price "0234" "l"66 62 Jan 75 99 Jan 100 25, 100 101 100 Internat Paper Co warr... Petroleum— International Jan .* Coupon shares.— Jan ■j Jan Jan 103 Internat Safety Razor B Jan 6 6434 Registered shares.....* International Products...* International T • "T" 260 34 34 100 .4 . . 34 ; Jan Jan Jan 34 Utility— Jan ' Club'Alum Utensil Co.. Cockshutt Plow Co com.* Cohn & Rosenberger Inc.* Colon Development ord... 6% coav 7 400 34 % 54 54 Jan Jan 4 ""400 134 Colt's Patent Fire Arms .25 734 Jan 34 134 300 preferred...£l Colorado Fuel & Iron warr. 70 71 100 70 Feb 30 31)4 510 2734 Jan IX 6,400 134 34 Columbia Oil & Gas 3034 Jan 1 Commonwealth & Southern be Ye % 7234 4 Jan fi.'. 34 < 134 Jan 34 Jan 1634 Distribution.. 1 Jan " 100 Community Pub Service 25 •, • >, ^ Jan Jan be Jan 34 Ford Motor of Canada— Class A | 500 134 be 8 Jan 3i« 150 Jan 10 Jan 100 11 Jan 1 934 2034 Feb 8 34 2734 4434 Jan 2734 44 34 88 Jan 92 Jan 934 new_.l "934 "8 X 934" 150 * 4% conv preferred... 100 ■ ■ , Jan 9 Jan Jan 10 Jan Italian Superpower Jan —* i'te Jan 34 Jail 34 Jan Electric Co Ltd— 1 Jan 100 1 Jan 5234 11234 Jan 134 5234 Jan Jan Gen Gas & El $6 pref 230 112 Feb 11434 Jan General Investment com.l 90 101 Jan 102 Jan 134 10134 101)4 134 134 29 2834 334 Consol Retail Stores.....1 29 334 134 2534 300 150 134 Jan Amer dep rets com...* B._* 1334 1 334 93 300 95 1334 20 Feb 89 200 1534 102 34 Jan be Feb 5 534 Feb Jan 134 Jan 5 Feb 900 8134 534 Jan Jan 3,900 734 Jan 634 88 Jan 934 Jan 634 500 Jan 7 Jan Jan 31 31 Jan '534 "534 534 69 Jan "500 434 "Jan 30 2234 Jan 23341 Jan 82 1)4 1534 2334 2334 Wheeler 5 1)4 15)4 234 1534 34 100 34 Feb 34 Feb 34 34 600 34 Jan 34 Jan Kingston Products 534 50 Jan Jan 534 Jan 101 Jan 7 Jan Jan 9934 Feb 334 Jan 1034 Jan 12 Jan 31 Jan 32 10 Jan 9 Jan 100 * 134 Jan 100 1334 Jan 1634 Jan Godchaux Sugars class A.* Class B 234 Feb 234 Feb 1134 3134 3134 834 Jan 1634 Jan Jan Kobacker Stores Inc Jan 3134 9 150 £00 534 800 434 Jan 534 200 33i Jan 3ig Jan . 99 . . Jan 34 34 34 100 21 18 25 be Jan be 2 34 Jan Jan Gray Mfg Co new Jan Jan Jan 134 2434 Jan Jan 2434 24 25 Jan 29 25 23 300 2434 24 Jan 1534 1534 1534 * 434 1334 9,000 Non-vot com 334 100 5 Jan 4 34 Jan 7934 Greater N Y Brewery—.1 1534 Jan 25 Greenfield Tap & Die * Grocery Sts Prod com.25c 150 34 .5 634 1 634 35 634 500 7 Jan ' 1834 134 50 ..100 Jan 334 Jan Hall Lamp Co Hainmermlll Paper 79 Jan 83 Jan Jan 131 10 44 334 Jan 1 Jan 134 Jan 37 Jan Feb 44 Jan be Jan »i» 3534 Jan Jan 134 134 100 Jan 134 Jan 8 Jan Jan 8 33 Detroit Gray Iron Fdy_.l 34 Jan n234 Jan 1 3si 10 1334 1334 Jan b» 1334 Jan Jan Jail De Vilblss Co common..10 10 734 Jan Jan Le Tourneau (R G) Inc.-l Line Material Co -5 33 32 Jan 34 Jan 10534 Feb 10734 Jan 234- Fgb 108 Jan Lipton (Thos J) Inc— 6% preferred Jan Lit 3334 2,800 10534 10534 30 '"166 34 109 -. .. .•234 -Feb 334 1834 1834 "lbe 50 Jan 434 Jan 1734 Jan 19 Jan 46 1834 Jan 46 Jan 300 Dobeckmun Co common.1 334 334 Jan 6434 6534 3 34 200 110 Dominion 8teel & Coal B 25 conv "1334 18 534 Feb Jan 3)4 Feb «^ Jan 2 634 634 200 Jan 2034 Jan Jan 134 Jan 2 34 Jan 2734 Jan 534 Jan 634 100* Jan Jan 10 Jan 2334 Jan 934 10 Jan Jan 110 Jan Jan 2 234 6834 2,800 34 134 800 234 24 Jan Jan 734 86 82 450 "u 1,000 34 7 Jan 11 Jan 82 Feb 8834 1734 Jan 9 Jan Jan 3 Jan Jan 100 Jan 7 300 34 • Jan be 7 N 734 Jan Marion Jan 734 8 134 734 Jan Oil "2734 12 28 25 12 28 Jan 2834 Jan 2534 Jan 2734 Jan * Horn (A C) Co common. Horn & Hardart Baking.* 2634 2734 34 Jan Jan 111 Jan 734 Jan 5% preferred Hubbell (Harvey) $4 preferred * McCord Rad & Mfg B—.* McWllltams Dredging...* Inc...5 14 14 ""56 14 Jan 15 Jan Mead Johnson & Co.... * 58 5834 1,200 55 Jan 5834 Jan Jan .534 Jan Mercantile 58 434 8J4 Jan Huyler's 34 834 34 534 134 100 134 100 Jan Jan Hydro-Electric Securities 5 Hygrade Food Prod .5 Jan 234 234 350 33 Jan Hygrade Sylvania new...* 75 44)4 27 16)4 134 5234 Jan 4934 3134 20 Jan 1734 1634 2034 Stores 24 2234 16~ 125 Jan 17 Jan $6 preferred series B_..* 1634 1634 1634 34 1334 Jan $7 preferred series A..* 50 1334 Jan 17 Jan 5 Jan 34 Feb 434 Jan 34 534 Feb 134 13,000 54 5834 3,900 5)4 150 5 800 , 1 34 Jan ' 234 Jan 234 18 L800 2 Jan 234 "jail 634% A preferred—. 100 Messabl Iron Co—.....1 Illinois Iowa Power Co..* 34 34 700 2234 2234 300 134 Jan Illinois Zinc Co 6034 Jan 6334 Jan Jan Jan 634 Jan be Jan Empire Dist El 6% Pf 100 Empire Gas & Fuel Co— 534 534 80 200 Jan Jan Jan -.100 1O0 80 10 80 40 98 105 105 20 106 110 150 -.100 * For footnotes see page 630, . 534 200 Jan 105 Feb Jan 105 Feb Jan 11034 Jan 534% preferred 100 Indiana'Service 6% pf.100 7% preferred .100 Jan 115 Jan Jan 18 Feb 5 Jan Jan Jan :■ Jan '1)4 Jan Jan 24)4 2334 Feb 34 1834 14)4 834 Jan Feb Feb Jan] Feb Jan 2 Jan 334 1,800 Jan 4)4 Jan Jan 1934 1934 102 Jan 20 Jau 50 1634 Jan 13ie Jan 2634 134 100 "T" "3" "300 2034 534 Jan Non-voting Jan Class B.. class 1 Jan 27 Jan Jan 134 Jan "2 )4 ~ Jan Jan 334 34 1 Jan 34 134 100 Jau 1)4 Jau 134 Jan 1,000 1,300 634 900 334 200 3)4 Feb 19)4 100 1934 Jan 3)4 2534 3)4 2634 100 2)4 Jan 225 25)4 Feb 534 700 5 50 94 140 100 15 100 "1. 1)4 "27" Metropolitan Edison— $6 preferred... —-* Michigan Bumper Corp.,1 Michigan Steel Tube..2.50 Jan 7)4 126 Jan , 3)4 20 Jan Jan Jan 3)4 27 Jan 27 134 134 Jan Jan 534 34 100 Jan Jun Jan 19,700 »n Jan 1)4 Feb 100 1)4 Jail Jan Jan 1)4 27 Jan 10134 10 27 Jan v 26 Feb Jan b« 134 10 834 Jan Jan 634 Jan 634 Jan Class A vtc.—.....-1 Jan 9 Jan 1,500 34 Jan be Jan 400 4)4 Feb 4)4 Jan 134 D4 8)4 5,000 1,000 U 6)4 Jan 8 Jan 1)4 8)4 Jan Feb Jan 5 Jan 2)4 Jan 3 Jan Micromatlc Hone Corp..1 Middle States Petroleum— Jan be 4)4 5 Michigan Sugar Co--.-.* 234 Jan Jan 434 Jan Jan Jan ClassB vtc 234 234 500 3 1 b« be 3)4 1,200 8 8 be 800 334 Jan 3)4 Feb 8 be Jan Feb 4 Jan Midland Oil Corp— 334 334 300 934 234 Jan 934 Jan Jan 334 Feb $2 conv preferred * 200 Midland Steel Products— 104 104 106 "l8~ ~lY" 150 101 17 18 Feb Jan "26 1734 'Jan 100 »n Feb 10734 Jan $2 non cum div shares.* 18 Jan Mldvale Co 1834 Jan Mid-West Abrasive Feb Mid-West Refineries.—-.1 new com Midwest Oil Co A...1 1 1)4 Jan Feb 10134 234 534 Jan 7 34 115 34 Preferred.... 634 300 »!• 7)4 115 1 Jan 10 Feb 700 534 2534 Jan 134 Jan Feb »ie 1 734 119)4 334 7)4 34 2334 234 1334 34 2234 Indian Ter Ilium Oil— 1934 534 534 81 101 Jan .300 2,150 Middle West Corp com..5 28 10034 108 534 Jan 2434 2334 134 834 Britain & Ireland...£1 Indiana Pipe Line 734 Indianapolis Power & Light Jan 10134 105 100 1534 Imperial Tobacco of Great 2734 534 7 300 1934 6 Imperial Oil (Can) coup..* Registered * 134 1334 Imperial Chemical IndusAm dep rets regis...£1 Jan 134 1234 134 Jan Feb Imperial Tobacco of Can.5 534 12)4 Warrants " 900 Participating preferred * Partic preferred 57 1 Elgin Nat Watch Co...15 34 Jan 4,100 2334 2234 Jan Feb I 5234 434 34 Jan * Feb 102 Metal Textile Corp....25c Div arrear ctfs 1 52)4 57 834 8 434 Merrltt Chapman & Scott * 5% <)onv preferred...50 1 ' 34 6 16 12 400 50 Jan Jan 1934 50 Jan 5334 5734 5)4 Jan Jan Feb Feb 2 com. 500 Jan Jan 34 1234 ;' 300 115 34 534 5 1 1 com 3034 2 2734 27 50 1234 ,- Memphis Nat Gas com..5 225 100 20 * Feb be 300 Jail May McEwen Kaiser Co— 3134 * 6 134 Horn & Hardart...!—. 20 49 1034 434 34 Jan Jan Jan 100 1)4 Jan Jan Jail 16 Massey Harris common. 11034 28 Jan Jan Jan 2(H) 6 6 Shovel—.* 14 Jail 1 800 2734 27 Jan Corp Steam Jan 2)4 V t c for 1st pref " 134 334 2,000 a3j Communication Co Ltd. 234 68)4 Jan (a* - Jan 10)4 4 34 34 Mass Utll Assoc v t 0—1 Jan Jan Jau Jau Marconi Intl Marine Jan 634 Hussmann Ligonler Co..* 10 Empire Power part stock * Emsco Derrick & Equip..51 41 Jan 1(H) preferred * Manlschewitz (The B) Co * Mapes Consol Mfg Co.. Jau 67 175 East Gas & Fuel Assoc— 6% preferred 6 34% preferred 7% preferred 8% preferred Jan 7 2)4 1,300 v 4 34 434 Merchants & Mfg cl A..1 4 4 conv 13 * Hummel-Ross Fibre Corp 5 Electrographlc Corp Jan 100 Manatl Sugar opt warr... Mangel Stores 1 Humble Oil & Ref 34 214 Corp common.1 Emerson Elec Mfg Jan 334 Jan 634 1034 Hormel (Geo A) & Co com* Duval Texas Sulphur... Option warrants 734 2)4 1234 M Margay 110 67 7% 1st pref... 100 Conv 7% 1st pf v t c. 100 Lynch Corp common....5 1534 82 Hoe (R) & Co class A... 10 Holllnger Consol G M...5 * * 7)4 2)4 100 500 34 4 Conv $5 par A. Hewitt Rubber common..5 Holophaue Co common. Horder's Inc Durham Hosiery cl B com * 56 preferred Elec P & L 2d pref A Jan Feb 13)4 Jan 100 2,400 834 Jau $5 preferred... Feb 5134 13)4 Ludwig Bauman & Co com* Jan 634 Jan 234 100 100 * 3 1734 9 934 Jan Easy Washing Mach B. 96)4 Jan Louisiana Land <fc Explor. 1 2 w 67 6834 7% pref class Ai 6% pref class B Loudon Packing Jan * w 24 Economy Grocery Stores.* Elec Bond <fc Share com..5 Jan 51 ; V'-' 134 —25 Class A Heller Co common Jan Dublller Condenser Corp .* Jan 10 Feb Eastern States Corp 93 70 Feb 2534 2 634 Helena Rubensteln 4)4 6434 100 60 5134 1334 ,'.* "la 3 18 25c 100 434% prior pref 6% preferred 9634 4 5 -134 oreferred.._50 Mining Co 24 * Eastern Malleable Iron.25 Jan' 5134 Brothers common...* Locke Steel Chain Jan 1 10 Common Jan 3 25 34 Henry Holt & Co 4)4 200 Dominion Bridge Co Ltd.* Eagle Picher Lead 734 Jan Louisiana P & L $6 pref.* B non-vot common Heyden Chemical 100 Jan 2 95)4 96 Leonard Oil Develop...25 1 Preferred ex-warr....25 common. Duke Power Co 734 * Jan 5 Hazeltine Corp Hearn Dept Stores com..5 Preferred Dlvco-Twm Truck com_.l Feb Jan n234 Jan 1134 200 1 Feb be 300 preferred....—.* Feb "234 "234" 10534 Hartford Rayon v t c——1 Harvard Brewing Co.. 6% Det Mich Stove Co corn.-l Conv Lehigh Coal <fc Nav Common.... Hecla Duro Test 2 Feb * Class B 1 Hat Corp of America— 134 2o 7% preferred Jan be Jan 7 25 Jan 400 Detroit Gasket & Mfg...l Draper Corp 134 300 Long Island Lighting— Jan * Driver Harris Co 600 Langendorf Utd Bakeries— Jan 834 25 1J4 44 8% debenture Derby Oil & Ref Corp com* Diamond Shoe 2 7% pref.. 100 Lone Star Gas Corp 2034 Jan 234 7% preferred 2 5 Lane Bryant H Jan Hartfcrd Elec Light Dejay Stores— § Detroit Paper Prod Lamson Corp of Del 100 -* 8 Dennlson Mfg cl A com.. 5 Detroit Steel Prod 2 Ltd-.l 700 Jan *~634"&n "7 34 "Jan' common. 1 w w 134 ' Jan Lane Wells Co common.. 1 3334 Gy psum Lime <fe Alabastlne* 6% preferred Mines Jan 1 25 56 preferred preferred Jan Lakey Foundry & Mach..l Feb Davenport Hosiery Mills. conv 1 48 conv 334 36,300 Gt Northern Paper {Guardian Investors D A Jan 7(H) Dept Stores— 1st pref 100 Kress (S H) special pref. 10 Kreuger Brewing Co 1 4% Jan 12634 79 100 Gulf Oil Corp $6 prior preferred Jan 39 34 1H Class A stock...* Gulf States Util 55.50 pf.* Records Koppers Co 6% pref.. 100 234 334 334 Jan 5 Dayton Rubber Mfg Class A conv— 53 Jan 1)4 Lefcourt Realty common. 1 Curtis Llght'g Inc com 2.50 Decca Jan 38 134 * 3 34 Great Atl & Pac Tea— 34 8 Lackawanna RR (N J). 100 Grand Rapids Varnish- 5 21 116 Feb 300 1 Corp common Lake Shore 53 preferred J-* Gorham Mfg common..10 Jan Jan Jan 734 8 Jan 134 1* Gorham Inc class A Jan Jan 111)4 Jan Jan Feb 34 734 434 Goodman Mfg Co—.—50 21 Cuban Atlantic Sugar...5 Darby Petroleum com 2,200 12 Goldfield Consol Mines.. 1 14 34 7% 1st preferred Curtis Mfg Co (Mo) 12 -* 100 134 434 Jail 81 734 1 Jan 3434 103 Kresge * Jan 200 Jan 95 Klein (D Emil) Co com. Kleinert (I B) Rubber ColO Preferred 134 * 10 preferred 275 Gladding McBeau & Co.* 600 Crown Drug Co com..25c $6 9934 Jan Gilchrist Co 34 preferred...25 9934 (A C) common. Jan Feb 234 5 88 Jau Feb Gilbert 15)4 4?4 Feb 88 * 55 preferred 1 ••v'.ar 82 9434 Jan Georgia Power $6 pref...* 82 Crowley, Milner & Co.—* Cuban Tobacco com 5334 Jan 2)4 Crown Cork Internat A..* conv 20 7 700 Crown Cent Petrol (Md)_5 7% 52 32 Jan Jan Jan 84 Jan 52 * 53 preferred Jail 34 80 Kirby Petroleum 1 Kirkl'd Lake G M Co Ltd 1 9634 52 100 Jan 80 'i Crystal Oil Ref com Jan 100 5% preferred D * 56 conv preferred 6% preferred A 15)4 5)4 1 Croft Brewing Co Jan m Kimberly-Clark 6% pf.100 Kings Co Ltg 7% pfB.100 1 $7 preferred £1 Elec.—* Petroleum 234 Jan 94 34 7% pref. 100 5 34 2334 stock...* Common 34 300 82 preferred...50 Adrs ord reg stocks Crocker Jan Ken-Rad Tube <fc Lamp A » in 1 1S16 "82"" Courtaulds Ltd— Creole 1)4 Jan K Kansas G & E Kennedy's Inc Glen Alden Coal conv 800 Jan Jim Publishing Co. 10 Johnson Knott 634 Cosden Petroleum com...l 5% Jan )13 34 / 9)4 82 100 100 Jan Gen Water G & E com..l Copper Range Co... * Cornucopia Gold Mines 5c 1 * 40 87 "834 "934 * * Reynolds 834 100 534% preferred 6% preferred 7% preferred 67 Gen Pub Serv $6 pref...* General Tire & Rubber— Cout Roll & Steel.....1 & 200 * Co Jan Gen Outdoor Adv 6% pflOO Continental Gas & Elec Co $6 preferred A.. 1034 * A 59 Jan 334 Glass Jan Feb Jan Gen Rayon Co A 83 34 Jan 100 34 , Jersey Central Pow & Lt— Jan in General Shareholdings Corp 100 1 Jan Jan 1 834 Irving Air Chute Jan 134 134 Continental Oil of Mex..l Jan 16 Jan 13 '4 834 1334 59 2934 Feb 10 Jan 34 34 0—* * $6 preferred Jan 100 Consolidated Steel Corp.* Jan ord reg.£l Gen Fireproofing Jan ; 334 100 Jan 7)4 Julian & Kokenge com. 4,600 4434 28)4 Jan 234 Jan 34 1 600 Jan 834. F<sb Jan 6)4 700 16 1 Iron Fireman Mfg vt 1 49 34 Consol Miu & Smelt Ltd.5 Corroon 63si 1 Jan Jan 100 preferred 134 112 27 1(H) Jan bi Jan Interstate Power $7 pref.* 1034 2034 Gatineau Power Co— General Alloys Co 1 Cooper-Bessemer com §3 prior preference Jan 1 Jeannette 1 434% series B pref.. 100 4% pref series C....100 7% prior pref 28 3 Si Jan 734 400 Jan 934 134 Consol G E L P Bait com.* Royalty Oil 634 834 28 34 634 Jan Jan 934 Gen Consol pref—'—.—* Interstate Home Equip.. 1 Investors Royalty 200 - be 834 834 2834 Interstate Hosiery Mills. ......1 Conv partic pref 15 Common.... 5% 1 8% preferred Feb Feb 100 1334 Froedtert Grain & Malt— Gellman Mfg Co com Conn Telep & Elec Corp.l Consol Gas Utilities 1234 1334 1234 1234 1334 1334 Jan * Consol Biscuit Co Jan * Jan * .... 134 500 1234 * Fuller (Geo A) Co 8 )4 ' Jan — $1.75 preferred $3.50 prior non-vot———-*! Fox (Peter) Brewing Co..5 Franklin Co Distilling...1 Gamewell Co $6 conv pf.* 1 $3 preferred..... " Jan , Class B voting - Class B-—... 134 1134 Feb 18 Conn Gas <fe Coke Secur— Common dep rets ord reg..£l Am Jacobs (F L) Co Community Water Serv.-l Compo Shoe Mach— V t c ext to 1946 Jan Jan , $3 conv stock Warrants Commonw Jan 434 V 100 Jan , 2 34 , Columbia Gas & Elec— 6% preferred Class A.... ' 1334 1334 * 50 ._ 10 13)4 3934 1 -.50 634 Jan 14 Jan Jan 41)4 Jan Jan 1)4 Jan 6)4 600 634 Jau 7 Jan "2" 100 1)4 Jau 2)4 Jan Midwest Piping & Sup...* *i» "2" Volume Number 4044 155 THE COMMERCIAL & FINANCIAL CHRONICLE / 629 NEW YORK CURB EXCHANGE Friday STOCKS Sales Last Week's Range Sale (Continued) Par of Prices Price Low High Friday STOCKS Range Since Jan. 1 for Mining Corp of Canada. 32 700 32% Feb 44 4 Jan 82 ; Jan 82 32 Minnesota P & L 7% pf 100 44 2.50 44 100 44 54 Molybdenum Corp 1 Monarch Machine Tool..* Monogram Pictures com.l Monroe Loan Soc A 5 54 54 >4 f 25 54 54 Jan 44 Jan 25 100 27 Feb 49 ~VA 4 14 14 Jan 2,500 97 97 Jan Penn Salt Mfg Co......50 174 174 Feb Penn Sugar Prop com...20 Penn Water A Power Co.* Feb Pepperell Mfg Co 200 Jan Philadelphia Co 16% Jan 17 Jan 34 225 98 80 1754 125 3% Jan 950 424 894 894 94 4 375 24 100 100 24 Jan 174 Jan 155 1604 Jan • X 2% 5 »i» 100 2,900 1,000 'A, common.* 5 Jan 100 Jan South Penn Oil.. 174 Jan 1754 Jan 104 Mountain Sts Tel A Tel 100 113 4 Murray Ohio Mfg Co..'..* 8K Muskegon Piston Ring.2)4 Muskogee Co common...* 94 20 11341134 74 814 9 4 Jan 114% Jan 84 Feb 111 200 . 74 .300 10 . Jan 74 Jan 10 Feb 3 4 Pittsburgh A Lake Erle.50 Pittsburgh Metallurgical 10 Pittsburgh Plate Glass..25 * 1 9 |3conv preferred 50 National Container (Del). 1 National Fuel Gas * 444 Feb $6 pref stamped * Feb 13 4 144 Jan Jan 200 39 42 Feb 200 9 Jan 104 Jan 6% 1st preferred Pratt A Lambert Co 2,000 9 Jan 104 Jan Premier Gold Mining Jan 90 Feb 954 Jan 84 Jan 96 Jan 21 14 Jan Feb 93 Jan Jan 2 Jan Providence Gas 54 Jan 42 10 V» 94 10 Jan 4 3 90 93 % 1,825 894 89 89 A 70 24% National Steel Car Ltd..* National Sugar Refining.* 10 200 10% Jan 74 244 94 Jan 11 Jan Nat Tunnel A Mines 9.4 34 * Nat Union Radio 9% 2,200 200 4 9 24 30c Navarro Oil Co 94 Jan 4 Jan Neptune Meter class A...* 74 60 1)3 * 8 400 New Engl Pow Assoc ■!; * Jan Jan 24 74 Feb 8 Jan 14 304 25 98 4 99 4 ICO 974 Jan 1014 34 34 100 34 Jan 34 114 05% 12 200 114 Jan 12 t 66% 400 64% Jan 684 Jan 1% \% 100 14 Jan 14 Jan 14 24 174 200 14 154 Jan 4 24 Jan 150 24 18 > 18 - 84 84 ■*: 400 Jan 7*4 84 100 Jan 7 Jan 33 Jan 364 Jan Southern Union Gas.....* :Jan 10 Jan Southland Royalty Co...5 14 5 Jan ""460 51 Jan 11 624 1,050 10 4 Jan 1,400 584 Jan 34 1,100 34 Jan 74 J.an 8 61 104 Jan 34 ,• Option 14 Jan * Jan Spcnccr Shoe Corp 43 Jan Stahl-Meyer Inc 634 Feb Standard 12 24 24 4 24 4 4 4 4 4 63 Jan 34 4 400 i 5% 1st preferred 100 v; 5% 2d preferred warrants 1,500 200 5 8 Jan Jan Jan 14 1*18 | Common....: $3 conv preferred..J_.* Raytheon Mfg common 50c Red Bank Oil Co. i_. Feb 30 84 Jan 914 244 2»4 100 244 JAn >254 Jft"' 24 Jan Jan 4 50 994 1004 90 994 Feb 102 Jan Republic Aviation.. 64 200 64 Feb 150 234 Jan ' 64 27 Feb 19 4 Jan *ie Jan Jan 17 Jan 34 Jan 116 33 a Jan 3 Jan 74 Jan 1074 Jan 44 4# 34 74 Jan Jan 53 Jan 14 Jan 62 094 475 574 52 66 52 110 so; com! y 1 24 90 134 14% 5 ies Noma Electric > 90 "\ZH Nineteen Hundred Corp B1 Nlplsslng Mi Jan >ug 100 103 100 300 47 4 52 4 4.675 154 484 154 500 924 Jan 35 Jan 144 Jan Jan a7 10 1,300 3 34 500 24 143 Jan 16% 17 17 17* 104 24 Roosevelt Jan Root Petroleum Co 134 Jan 144 Jan 4 Feb 4 Jan 34 Feb 300 500 hi $1.20 Field Inc ...5 Products 700 100 2 Jan Jan 12 Feb Jan 144 Jan Jan 1104 Jan *18 Jan >32 19 4 54 Co..l 19 4 Jan 194 200 Jan 194 54 200 Jan 54 5 1 Jan 134 Jan 194 Jan 3is Jan 4 Jan Jan 34 19 4 200 3:8 4 4 Ma 200 19 Jan Jan 4 34 Jan 5 Jan 54 Jan 1 Jan Jan 1 Jan Jan 34 Jan Stein (A) A Co common..* Sterchl Bros Stores * * 103 624 164 Feb Feb a7 9 Sterling Aluminum Prod.l Sterling Brewers Inc 54 1 200 1 "uJan Jan Jan Inc 58 Jan 70 Jan Feb 150 Jan 4 34 Stetson (J B) Co com....* 5 * * Machinery 1 34 4 900 3 100 13 100 124 Jan 134 Jan 114 114 200 11 J.in 12 Jan 9 4 14 444 114 13 Jan 9 4 Jan Jan 2 4 Jan Jan 44 4 Jan 1 Sunray Oil 1 54% pref. 50 Superior Oil Co (Calif)..25 conv 344 344 100 34 Jan 35 Jan 104 I 2,600 4 J&n *18 11 150 104 Feb Jan 11 Feb 74 74 Jan Jan 34 Feb Jan 194 Jan Jan 75 64 Feb 6 4 Feb Taggart Corp com. Jan 1 Jan Tampa Electric Co com..* 144 150 14 50 47 4 ' ts 1 144 *47 47 24 24 ui« V 100 1 24 5 Jan - 2 4 700 *18 154 Jan Jan 47 Jan Texas P A L 7% pref. 100 Texon Oil A Land Co...2 Jan Thew Shovel Co com 14 Jan 24 Jan 10 10 54 54 Jan 174 5 'is Feb 3u Jan 200 94 34 Jan 4.000 Jan 11 h hi Tobacco Jan 934 Jan xQA Jan Jan 4 Jan 700 "26 4 924 500 600 Jan Jan Jan Todd 4 944 Jan 95 Prod "24 ""24 "24 "160 ; 15% 2.50 15 "x dep rets def reg 5s. 1 Shipyards Corp...* 7% 100 Tonopah-Belmont Dev. 100 preferred Jan 200 84 Jan 94 44 3,600 24 24 24 700 Jan Jan 44 24 Jan Jan Feb Jan F'isseks Jan Ky 16 Jan 174 Jan Jan 17 Jan Jan 504 48 47 200 Ryan Consol Petrol * Fvcrsou A Haynes com.l 15 Fifth 44 44 34 1,200 47 Feb Feb Jan Feb 53 Jan 3X Jan 44 2% 500 14 4 2% 600 Jan 108 Jan Jan 2 Jan •is Jan •is Jan Class A $2 conv pref. .50 7 14 102 Jan 120 Jan Jan Jan St Regis Paper common..5 i Jan 24 14 Feb 8 4 3 154 Jan Lawrence 88 Feb 95 93 100 100 20 100 Feb zl03 Jan 104 106 20 104 Feb Hi Jan 88 Salt Dome Oil Co 24 24 7u Jan 4 Jan »ie Jan Jan Feb Jan 54 800 44 Jan *32 1.200 'is Jan 44 900 Jan 44 44 34 preferred 14 44 900 34 33 14 14 500 * 4 32 4 14 64 35 Jan . 24 2% 400 24 Jan 300 14 Jan 75 97 Feb 24 Feb Feb 64 Jan 3 600 24 Jan 3 44 74 200 44 Feb 5 Jan 200 6 Jan 74 Jan 74 200 74 Jan 100 124 Jan 4 Jau Feb 4 Jan *33 Feb Jan 74 Jan Jan 4 Jan Investment com. 74 4,800 14 Jan $3 150 Jan 34 4 1,300 24 Jan 34 Jan 4 Jau 4 Jan United Elastic Corp 4 Jan United Gas Corp com...l Jan 114 Jan 1st $7 pref non-voting. *.# 500 4 114 4 Jan 4 Jan *18 Jan 74 15 15 Unlted Corp warrants... 600 Option warrants 3 5 174 Feb Schulte (D A) common.. 1 112 Jan Jan 108 108 108 Feb 112 Jan Scrantou Lace common. 106 Jan 110 Feb 112 Jan Jan cum A 74 15 100 112 Jail Conv 9 94 50 200 Warrants 16 300 4 4 800 hi 2,100 7 * 62 62 Jan 109 Jan 111 Jan 109* 409* 100 1 4 Jan Segal Lock A Hardware..1 Selberliug Rubber com—* 1 Jan 2 ••• 14 - Jan 20 ! Pacific Can Co common..* 27 4 27% 274 2,400 254 25% 300 254 Feb Feb 96 98 190 94 Jan 85 "87 70 754 Jan •i294 274 98 4 69 87 Jan 94 Jan Feb 4 Convertible stock — A. Peninsular Telephone com* $1.40 preferred A 25 29 25 cum pref ser 114 Jan Jan 54 Jan page 630. 74 34 8 6,700 900 24 74 Jan 34 Jan Jan 8 Feb Jan Jan 254 Jan Jau Jan United United Shoe Mach com.25 56 4 55 4 57 4 575 514 Jan 574 Feb 800 24 Jan 34 25 424 41 4 42 4 340 414 Feb 434 Jan 9 Specialties com__l 54 54 Profit Sftarlng_25c Preferred Jan 'is Jan 4 Jan U S Foil Co class B 450 Feb U S 434 200 42 434 100 14 434 434 Jan 42 14 414 414 434 434 14 Jan Jan 100 reg.£l Sioux City G AE7% pflOO Skinner Organ * 6 4; 10 preferred 100 Jan . : 4 , Jan Jan Jan 7 Jan 24 6 34 5 1 1,400 34 Jan 74 74 100 24 64 Feb Graphite common ...5 Jan 74 Jan U S and Int'l Securities..* 4 4 100 4 Jan 4 Jan 50 4 50 4 175 Jan 534 Jan Jan 30 400 Jan Feb $5 1st pref with warr...* 50 U 8 Plywood— $1.50 conv pref 284 20 U S Radiator com 34 200 24 Jan 94 Jan 4 Jan 70 450 104 Jan 70 Jan Jan 113 Jan 3 Jan 94 Jan 94 Jan U S Stores common 1st $7 conv 144 4 1414 1454 Jan Jan 50c pref 10 Jan 14 14 14 14 100 4 Jan 14 Jan 200 14 Jan 4 2 Universal Cooler class A.* Universal Corp v t c_._. 1! »i8 44 United Stores common.50c Jan 14 4 Jan 74 Jan 84 ,Jan Class B 14 Jan Jan Jan 1*18 300 U S Rubber Reclaiming. Jan 62 110 69% * common Amer dep rets ord 34 23 Jan 94 Singer Mfg Co Ltd— 34 Jan Jan Jan 4 14 •: $3 conv preferred Simplicity Pattern com..l Simpson's Ltd B stocks. 2% Jan 18 4 Sherwin-Williams of (Jau Singer Mfg Co. Penn Cent Airlines com..I Jan 4 100 7is Slmmons-Boardman Pub Jan 3i6 900 1,100 Jan AAA 100 Jan 30 22 21 Jan 34 Jan Jan 4 254 214 $3 partlc oreferred... United 44 50c 4 4 United Wall Paper 44 '.8 * 24 ..5 Jan Patchogue-Ply mouth Mills* Jan 834 4 4 4 Serrick Corp class B.....1 8eton leather common * Silex Co Parkersburg Rig A Reel..! Jan United Milk Products.. » 5% 10 Jan 100 com Common class B. 10% Shawinlgan Wat A Pow. Sherwln-Williains com..25 Paramount Motors Corp.l Parker Pen Co ...10 Jan 834 ht Shattuck Denn Mining.. 44 7% preferred 84 Jan Page-Hersey Tubes......* Pantepec Oil of Venezuela— 33i United Gas A Elec Co— Jan Sentry Safety Control.._l Feb 1264 Jan Jan hi i,600 4 Feb •33 2,500 4 Jan * 5,000 Feb Jan Public Service.,.-* 4 4 62 Inc- Allotment certificates.. • Jan Jan 1114 4 4 ! Common... $5.50 prior stock 4 A 4 ' Selby Shoe Co Selected Industries 98 17 Jan 1114 117 'is 2,350 7ifi 1154 United N J RR A Canal 100 - 0% 1st pf.25 Jan Securities Corp general.. Seeman Bros Inc .,--* Jan 104 47 $5A conv prior pref...* Oliver Utd Filters B » Jan 94 Jan 48 26 84 .*32 17 Jan Jan 4,500 400 $6 1st preferred ...J. Jan 4 16 ...50 Jan Unlted Lt A Pow Scullin Steel Co com..:..* Oklahoma Nat Gas com.15 84 214 16 24 24 24 Brook Water Service $6 pref..* 100 Oilstocks Ltd common...5 25 preferred Jan Feb part pref....* Un Clgar-Whelan Sts.. 10c Scranton Spring see Jan 14 Jan 44 74 10 4 4 1094 110 17 0% preferred. 100 4%% pref. 100 7% 1st pref...100 1 ■ Jan 3 Unexcelled Mfg Co 24 120 34 Ohio PS Pennroad Corp com Jan U Udyllte Corp 1154 1174 1 Ohio Power Penn Traffic Co •<' 600 United Chemicals com...* 100 7% preferred Jan Scovlll Mfg... ...25 Scranton Elec $6 pref * Fuel Jan 88 100 * Corp Ltd. 17% American shares Jan Co...10 United Aircraft Prod... St 97 1st preferred Jan 49 Feb Jan Jan 97 54% 1st preferred...25 Pacific Lighting $5 pref..* •Pacific P A L 7% pref.. 100 Jan 34 Jan warrants. Oil Class Jan 34 2 Schlff Co common...... Overseas Securities Jan 4 104 Union Gas of Canada... Savoy Oil Co Omar Inc Jan Jan -15% Jan 54 4 54 4 Tublze Chatlllon Corp... 24 Ave Aeronautical Co...l 4 Jan 24 100 Trunz Inc.. Jan Jan ui Jan 34 1 Corp Trl-Continental 80c conv 47 Jan 88 lOO 24 -144 .. 44 ""4 "~x "566 Tonopah Mining of Nev Transwestern 94 3 24 Jan - 8 Jan 94 14 Jan 99 Exports..* Toledo Edison 0% pref 10c Trans Lux 34 7 Tobacco Sec Tr Co Ltd 4 93 934 24 184 1,600 74 J49 Jan 54 x6~A > 300 34 19 4 Tobacco A Allied Stocks Am "i'u 74 . Jan 100 54 24 19 74 Tilo Roofing Inc Jan Tung-Sol Lamp Works...1 17 $3 preferred Jan 50 20 Sanford Mills 0% 1st preferred Jan Feb 4a Starrctt (The) Corp v t c. 1 Steel Co of Canada Technicolor Inc common.* 1 1074 Corp....* For footnotes Jan 14 114 134 100 14 * Jan 143 pref......20 conv Jan 16% 504 Jan Un Stk Yds of Omaha.. lOu 100 4 Ohio Brass Co cl B com..* Ohio Edison $0 pref * Penn-Mex 2 12 134 Royallte Oil Co Ltd Jan Jan 14 Jan 109 Steel Spring...5 Standard Tube cl B 1 Rossis International.....* Jan 3 O 51.30 2 12 14 ,.* Jan Pendleton Inc.* Jan 3*4 9^4 Ogden Corp com Pacific 50 100 4s Samson Unltcd Corp com. 1 Pacific G A E 24 124 500 (Ohio)— Common class B Union Northern Pipe Line .10 Northern ,Sts Pow cl A..25 ; preferred.20 10 (Ky) Standard Rochester Tel Royal Typewriter Pub8er6% pf.100 Ohio Oil OH 64 4 6% preferred D._ TOO 64% PflOO Jan 90 hi No Am Utility Securities.* Nor Central Texas OH...6 Novadel-Agene 24 13 13 ...1 ; conv Standard Silver Lead 150 145 64 ...1 84 7% preferred ,.34 Preferred. > Jan .....1 6% prior preferred...50 Nor Ind Jan 24 ..10 Jan 100 68 68 1 88 200 X 3A 500 $6 preferred North Amer Rayon cl A..* Class B common * Jan Sterling Rochester GAE16% pfClOO Feb Nor Amer Lt A Power— Common 4 6% 1st preferred 5% 2d preferred Rome Cable Corp com..5 new Jan Tishman Realty A Const.* ..1 Voting trust ctfs Roeser A 24 24 Class A preferred....100 Nlles-Bem-Pond *18 Co...* Feb Jan 174 Rice Stix Dry Goods.....* Richmond Radiator..^..1 Feb Feb Feb 14,600 Feb Jan 5% preferred Jan 14 694 •14 14 Jan 18 24 Jan 108 Rio Grande Valley Gas Co 14 14 Jan Jan 300 44 Reed Roller Bit Co. ..j.. •u* 5 $1.60 Feb 24 5,000 Reltet Foster Oil Corp :50c Reliance Elec A Engln'r'g 5 Jan Niagara Share— Class B common.. Common. Standard Oil Jan Jan 33 44 * 85 27 Jan 13 240 Jan preforrcd Standard Raymond Concrete Pile— 84 04 Jan Jan Feb 6 .....* Brewing Jan 3 ht 2.10 Feb Class B opt warrants. >. 4 1,800 Standard Power A Light. 1 17 17 17 ,... Voting common 81 20 Jan 24 Class B common Jan Class A opt warrants., i Conv 14 18 Swan Finch Oil Corp... 15 93. 100 j 1 17 Standard Cap A Seal com 1 Feb 8 - :..* 40 26 '24 274 Jan Jan 5 800 * Sun Ray Drug Co 98 6 ...10 6 Jan 24 .100 96 100 Common.._j 54 ••;. Feb Standard Dredgiug Corp— * common Rheem Mfg Co * 24 274 54 8palding (A G) A Bros...l 1st preferred... ...* 54 100 Feb N Y State Elec A Gas- New York Transit Co .... 25 Jan R N Y Shipbuilding Corp— N Y Water Serv 6% pf.100 Niagara Hudson Power— -.100 Feb P' * 90 '.A Jan 64 64 64 *634 *59' 61"" ; N Y Merchandise......10 95.10 preferred Jan Jan 300 Jan 1,100 Railway A Utll Invest A.l 2% Founders Shares Jan Radlo-Keltb-Orpheum— i N Y A Honduras Roeario 10 1 284 264 44 1,400 . Railway A Light Sec— ♦ NYPrALt 7% pref.. 100 ! $6 preferred. ..' Jan Superior Port Cement- > Warrants.. Jan Jan 25 6 Standard 6% preferred Quebec Power Co New Process Co N Y Auction Co com 42 27 300 Jan 66 4 New Mex A Ariz Land.. «N Y City Omnibus— 274 254 100 7% preferred Sullivan Quaker Oats Feb 1 4 25 Jan 1,500 404 27 254 South New Engl Tel... 100 Jan New Idea Inc common.. New Jersey Zinc Jan Southern Phosphate Co. 10 8tlnnes (Hugo) Corp Stroock (S) Co * New Haven Clock Co., Jan Jan Pyrene Manufacturing. .10 Jan 225 New England Tel & Tel 100 35 25 Jan * com $5 prior preferred Jan Jan 27% - Jan Jan Feb Feb 4 26 Jan Jan Jan 304 1,000 44 414 604 • S2 preferred. 334 31 Jan 1% ..100 Jan 25 54% pref series C...25 Nestle Lc Mur Co cl A...* ?; 6% preferred 24 35 1 ;. 4 1 $6 preferred. * Puget Sound Pulp A Tim * Pyle-National Co com 5 Feb 1104 24 112.4 113 Ja Jan 6% 1st preferred.*.. 100 * Nebraska Pow 7% pref. 100 Nehl Corp 1st preferred..* Nelson (Herman) Corp...5 "334 4: 5% original preferred.25 6% preferred B 25 100 7% 1st preferred Puget Sound P A L— Feb ' Jan Jan 2 Southern Calif Edison— Jan Public Service of Colorado Jan 44 Jan Jan 7u 24 Jan 5H% pref.10 12.50 14 100 Feb 1 24 24 34 Jan 50 Prosperity Co class B.__* National Refining com...* Nat Rubber Mach * Jan 25 Jan 24 Jan Prentice-Hall inc 91 500 24 Jan Jan 54 4:. . 5 Pressed Metals of Am_._l Producers Corp of Nev 1 2 X 10 Jan 34 Power Corp of Canada...* 3 41 10 Jan "l6 2 30 4 700 34 14 'I 5 Pneumatic Scale com... 10 Polaris Mining Co 25c Jan 'is Potrero Sugar common..5 Powdrell A Alexander 5 Nat Mfg & Stores com...* National Power A Light— $6 pref unstamped ♦ !) Jan Jan >i« 800 A 4 National Breweries com..* National Candy Co * National City Lines com.l 9 24 300 25 Plough Inc common...7.50 Nat Bellas Hess com 9 Coast Corp com._l Preferred A.. Pleasant Valley Wine Co.l Nachman-Sprlngfllled 1.000 10 34 ; Meter ...* Pitts Bess ALE RR...5U N 500 24 300 AX AX 44 34 Pltney-Bowes Postage 6% preferred....... 100 High Feb Jan 364 > Jan I 34 Pioneer Gold Mines Ltd.l Jan 24 ".8 Southwest Pa Pipe Line. 10 3 954 Feb Jan 34 31 34 31 Pierce Governor common.* * . Low Southern Pipe Line...-.10 Conv $3 pref series A. 10 Mountain States Power— Range Since Jan. 1 jor Shares 2 1 South Phoenix Securities— Jan 9% AX 24 Sales Week Southern Colo Pow cl A.25 Common... Jan Jan High 24 2 Jan 100 8% pref .25 Phillips Packing Co. * 4, Feb Jan 1% 44 Low 1 105 20 , 2 Range\ of Prices Solar Aircraft Co Solar Mfg Co Jan 400 444 3 44 4 Phila Elec Pow 17 159 A 160 Mountain City Cop com.5c Mountain Producers 1__ 10 National Transit Jan Soss Mfg common 1024 103 4 Perfect Circle Co ...» Pharis Tire A Rubber... 1 Ward A__.» Montreal Lt Ht A Pow..* National Tea 53 294 10 Montgomery Common Jan Jan Price I Week's (H) Paper Mills...* Sonotone Corp 1024 ' Sale Par 294 Penn Pr A Lt $7 pref...* f $6 preferred...... * Jan Last High >__* Jan 44 Feb 5 100 600 5% 25 Moody Investors part pf.* Moore (Tom) Dlst Stmp.l Mtge Bank of Col Am shs. • Low STOCKS (Continued) Smith $2.80 series pref 1 Montana Dakota Util Range Since Jan. 1 Shares * Class A common com. Common Week- Pennsylvania Gas A Elec— 100 Mock Jud Voehrluger— ; $5 series pref Jan Mississippi River Power Missouri Pub Serv Friday for of Prices Low High Price Pennsylvania Edison Co— Mlnneaota Mln A Mfg.. 6% preferred Week's Range Sale Par High Low Sales iMSt (1Continued) Week Shares 300 14 Jan 14 Jan 100 1394 Jan 1454 Feb 84 84 1,200 Jan Insurance.....8 26 26 224 Jan 26 Universal Pictures cora__l 29 29 100 27 Jan 29 Jan 114 34 350 10 Jan 114 Fob 600 24 Jan 34 Jan 564 7a 534 Jan Universal Universal Products Co. Utah-Idaho 114 104 Sugar...I..5 3 Utah Pow A Lt $7 pref..* Utah Radio Products.. 54 4 25 Jan 62 *33 Utility Equities com..10c $5.50 priority stock.. Feb 37 384 400 Jan, *18 Jan 344 Jan| 384 Jan 630 COMMERCIAL & ^ r INANCIAI^jEJJ^NICLE : N r i ^ Tuesday,: February 10,11942 • NEW YORK CURB EXCHANGE Last Week's Range of Prices Low High BONDS far* Sale Week Price ,« Friday Sales Friday STOCKS (Continued) "Last (Continued) Sale Shares Price Week's Range (Continued) b Friday Last S || Price Week's Range Sale *•<&, Jan. 1 'High Low, BONDS Since Range of. Prices of Prices Low High Public Service Co of Colorado— 1st mtge 3%s„— " 1964 i\ S f deb 4s 106% 107 104%. 104% 1106% 107 % .-1949 Pub Serv of Indiana 4s.....1969 Valspar Corp com..*....! $4 conv preferred—.—5 Gary Electric A Gas— 5s ex-warr stamped.. —. .3,000 Venezuelan Petroleum.—1 Gatineau Pdwer 3%s A... 17,000 7% pref.100 Vogt Manufacturing .* 6% perpetual certificates. Puget Sound P A L 5%s.... 1949 138)4 145 102 102% i. 1st A ref 6s series C...... 1950 ,102 }4 102% 18,000 Utiles A... ♦General Rayon 6s A..... Gen Public .1 , 3,000 General Pub Serv 5s Va Pub Serv Vultee Aircraft Co. Public Service of New Jersey— f: 1st & ref 4 %s series D.... 1950 99 >4 100 Gen Water Wks A Elec 5s. Georgia Power & Light 5s. Glen Alden Coal 4s Gobel (Adolf) Waco Aircraft Co.. Wagner Baking— < V t c extended Queens Borough Gas & Electric— 63.000 4J4s A. Grand Trunk West 4s - 5%s scries A 2,000 ...^195: _.. _ Great Nor Power Ssstod— - Green Mountain Pow 3%s 7% preferred.—. .—J 6s Grocery Store Prod Waitt A Bond class A.. Ouantanamo A West 6s... ■Walker Mining Co—... Safe Harbor Water 4%s {♦Guardian Investors 5s Class B............. San Joaquin Lt A Pow 6s B. . . 1979 1952 ♦Schulte Real Estate 6s.....1951 .1951 Scullin Steel lite 3s... Wayne Knitting Mills.. 'Wellington Oil Co ... We i it worth Mfg....._l - West Texas Util $6 pref. West Va Coal & Coke... Hygrade Food 6s A. — Shawlnigan WAP 4%s.——1967 1st 4%s series D. ...1970 Houston Lt A Pr 3%s Western Air Lines 1947 Sheridan Wyo Coal 6s 6s series B Inc. South Carolina Power 5s. ...1957 Southern Calif Edison 3s Western Grocer com...20 1st mtge 3s...... ...'.1971 Southern Indiana Rys 4s.... 1951 7% 1st preferred.... 100 !;■■ 111 Pr & Lt 1st 64 ser A _* 1st & ref 5%s series B Coal....20 i: Indiana Service 5s 1st lien & ref 5s Williams (R C) A Co.—* Williams Oll-O-Mat Ht..» Products 6s (stamped) -.1951 Debenture 6s.. Debenture 6s 1966 1 ..Dec 6s gold debentures........1957 Standard Power A Light 6s.. 1957 {International Power Sec— 2 ♦6%s series C .1955 6>48 (Dec 11941 coup)..1955 ♦7s series E. 1957 Woodley Petroleum 1 Wool worth (F W) Ltd— ♦7s (Aug 1941 coupon).. 1957 ♦7s series F.... 1952 Wisconsin P & L 7% Pf 100 Wolverine Portl Cement 10 ♦Starrett Corp Inc 5s.. .1950 Stinnes (Hugo) Corp— : 7-4s 2d.. • v ■ 1946 7-4s 3d stamped.......... 1946 Certificates of deposit ... ♦7s (July 1941 coupon.. 1952 —.6s Amer dep rets May 1948 May 1948 Conv 6s stamped Wllson-Joues Co.———♦ Wolverine Tube com .2022 Spalding (A G) 5s.......... 1989 Standard Gas & Electric— ♦Indianapolis Gas 5s A —1952 Indianapolis PAL3%s.. ..1970 1 Inc 1970 „ Southwestern P & L 6s May 1957 1958 .1950 .1963 Sf deb 514s Indiana Hydro-Elec 5s Weyenberg Shoe Mfg..—1 Wichita River Oil Corp. 10 Southwestern G A E 3 %s.. 1956 1st & ref 5s series C Westmoreland Inc...... 10 Wilson -1967 .1953 1954 Idaho Power 3%s.. Western Tablet & Station'y Common.i...; 1970 3%s Southern Counties Gas (Calif)— Western Maryland Ry— Westmoreland 1965 Southern Calif Gas 1957, Interstate Power 51- Wright HargreaveB.Ltd..* 1952 Debenture 63 Iowa Power & Light 4 %s.. Italian Superpower 6s. .1958 1963 Texas Electric Service 5s. Texas Power A Light 5s., 6s series A—.......... Tide Water Power 5s.... Friday Toledo Edison 3%»— Last JFeefc's Range Jacksonville Gas (stpd) Sale BONDS of Prices Low High Jersey Cent P & L 3%s Price 1942 1965 Twin City Rapid Tr 5>4s {♦Ulen A Co— Kansas Elec Power 3 1950 Conv 6s 4th stamped >4s Kansas Gas A Elec 6s.. American Gas A Electric Co— Kansas Pow A Lt United Light A Power Co— 3>4s.. 1950 ...1960 —.1970 2%ss f debs.. 3%ss f debs. 3%ssf debs 6s..2016 Paper 6s.. —1961 Appalachian Elec Pow 3%3—1970 Appalachian Pow deb 6s. —2024 Arkansas Pr A Lt 5» 1956 {Associated Gas A Elec Co— T.'. ♦Conv deb 4)44—' 1948 ♦Conv deb 4%4—— —1949 ♦Conv deb 5s... 1950 ♦Debenture 5s...........1968 ♦Conv deb 5%s. ....1977 — ......... Assoc T A T deb 5 Atlanta Gas Light Debenture 6>4s >43 A... -1955 4>44...-.1955 Atlantic City Elec 3%s— 1961 — Avery A Sons (B. F)— 3>4s.l966 —1959 — 5>4s.l952 (Me)— United Lt A Rys (Del) Lake Superior Dist Pow United Light A Railways 6s series A.... Long Island Lighting 64.—1945 Louisiana Pow A Lt 5s ..1957 ...1952 6s series A...............1973 1 Utah Power A Light Co— 1st lien A gen 4>4s —.....1944 2022 Deb 6s series A.. \ McCord Radiator A Mfg— ..1948 6s stamped 82 >4 82 >4 99% 99% 100% 107107 >4 108 >4 99 >4 99 >4 62% 03 • Mengel Co conv 4%s_. .1947 Metropolitan Edison 4s K. —1971 '■? 4s series G........ 1965 ... Middle States Petrol. 6.4s—1945 Midland Valley RR. 54. 1943 Milwaukee Gas Light 4>4s._ 1967 Minnesota PAL 4>4s Virginia Pub Serv 5%s A iV 1st ref 5s series B — ... Debs f 6.S.. 105% 105% 1978 1955 1st A ref. 5s... 1947 1947 6s with warrants 5s without warraats ..1974 1st lien A cans 5>48 v 1953 Associated Elec 4%s..•— 1975 Debenture 6s...... — — Amer Power A Light deb Amer Writing United Electric N J 4s......1949 103% 104 Waldorf-Astoria Hotel— 106% 106% Mississippi PAL 5s—1957 Mississippi River Pow 1st 5s.l951 ♦6s income debs... 103% 104 Wash Ry A Eleo4s.....** till %112% Missouri Public Service 5s„.1960 Wash Water Power 3%s.. 102% 102% West Penn Electric 5s West Penn Traction 6s.... Western Newspaper Unlon- Baldwin Locomotive Works— Convertible 6s. —1 —. 5s series C— , 6s unstamped—. 1 ———1 Nassau A Suffolk Ltg 5s 1945 t«9 % 100% National Pow A Lt 5s B Bell Telepuone of Canada— 1st M 5s series B 2030 107 {♦Nat Pub Service 5s ctfs.—1978 Nebraska Power 4%s... 1981 $15 19 110 110 6s series A Bethlehem Steel 6s —2022 120% 120% 94 < 96% >113% 118% Nevada California Elec 5s.. .1956 — Birmiugnam Electric 4%4 Boston Eli4oi 2%4 New Amsterdam Gas 6).—1948 New Eng Gas A El Assn 53—1947 Broad River Power 5s 5s 52,- 55 1948 5%4 195 a — — 1950 52 55% 1961 108 108% New Eng Pow Assn 5s Ce ltral States Elec 53 1918 82% Friday ♦Income 63 series A...Nov 1949 Last N Y State E A G 3%s 1964 N Y A Westchester Ltg 4s..2004 Debenture 53.——.. {♦Culcago Rys 5s ctts... — -1927 A...-1352 .......1956 03 series B Citle3 Service 5s.. Ci.iv deb 03 — — .Jan 1966 .....1950 Dobe itire 5s.._ ————1958 Foreign Governments & Municipalities 84% Debenture 5%s ..1954 New Orleans Public Service— 1954 Price North American Light A Power— Nor Boston Ltg Prop 3%3— .1947 Nor Cont'l Util 5%4.. 1948 Northern ♦Cauca Valley 78.. 1956 Ind Public Service— Danish 5%s........ I Ogden Gas 1st 64.—.. Ohio Power l3t mtge 1st mtge 3s — .1945 Okla Nat Gas i. 107% 107% 107% 107% 104% 104% 108% 108% 10$- 107% 3%s—.1968 ... — Ohio Public Service 4s Consol Gas El Lt A Pr (Bait) ...1971 1962 3%s B...Aug 1955 Okla Pow A Water 53 1948 — .1955 .—1953 Ext 64. ♦Lima City (Peru) 1952 6%sstpd.l958 ♦Maranho 7s.........—.... 1958 ♦Medellin 7s stamped—.. — .1951 1947 Mtge Bank of Bogota 7s 1103% 104% » ♦Issue of May i 1st ref mtge 2%sser Q..— Issue of Oct 1927———— Consolidated Gas (Bait City) Gen mtge 4%4 ...: Contiae ital Gas A El 54.....: : ...; Park Lexington 3s 1942 J 1955 F —1964 J J A J 4%s>———1977 MTV 1st 53 -1979 M N Penn Electric 4s F__ 5s series H.... Eastern Gas A Fuel 4s.„. —1971 M N .1962 4 O Pean Pub Service 64 C—-1947 MN Electric Power A Light 54 Ssserles D... .........1064 J D Penna Water A Pow.3%s... 1964 J Elmira Water Lt A RR 5s. Erie Ligntlng 5 J—. D 3%s. — — ....-1970 J J Phila Elec Power 5%s.—1972 F A Phiia Rapid Transit 6i .1962LV S Portland Gas A Coke Co— Federal Water Service 5%s..1954 Finland Residential Mtge Bank 6s-6s stamped......1961 Florida Power Co 4s ser C—. 1966 _195i — — Mtge Bank of Denmark 6s1972 $101 H 103 < 99% 100% 28 28'- ♦Parana . 103% 104% 104% 105 104 104% 105% 106% 104% 104% tl05 *03stamped..—.........1940'/ J 5s stamped extended—1953 J (State) 7s. — ♦Rio de.Janeiro 6%3 ♦Russian Government 6%s —1919 85%S. 106 105% 105% 107 -107% 114% Jl4% 105% 106 > ^ » > \ Potrero Sugar 7a stpd 1947 M N Power Corp (Can) 4%s B...195) M S 1921 1949 .......... ♦No n par value, a Deferred delivery Undcr-thc-rule sale, r Cash sale, r sale, d Ex interest, transacted during current week. being traded flat. § Reported in receivership. Abbreviations Used . ■ ^ .* r", - • J'v t c," yojting trust certificates; "w Warrants. ' ' ' Abort—"cod," certificates of deposit; "cons," i'cutn,"cumulative; "conv," convertible; "M,"-mortgage: "h-v," without Odd-lot sale. c Ex-dividend. $ Frldav's bid and asked price; no sales being ♦ Bonds J Potomac Eilson 5s E ——1956 Mi\r 4%s series F ..-.,..1961 ,4 O .....-.1958 .1959 ♦Santiago 7s......— V Empire District El 5s—... 1927 Mtge Bank of Chile 63 .....1931 Pacific Ltg A Pow 53. Pacific Pow A Light 5s. Penn Cent LAP Florida Pow A Lt 5»-- 1948 — .. . 1st 3 %s series A.......^. 1969 ♦External 64 stamped. Connecticut Lt & Pr 7s A... Cubaa Tobacco 5j High Di.- tzlg Port A Waterways— : Comma .ity PAL 54. Cudahy Packing 3%s of Prices Agricultural Mtge Bk (Col)— ♦20-year 7s ...April 1946 ♦20-year 7s._ .'...Jan 1947 Bogota (see Mtge Bank of) 5%s serle3 A„. Cltle3 Service PAL5%3... 3%s sede3 N...... lit ref mtge 3i ser P Week's Range Low $115 Debenture 5i ——..—...1909 5%s Sale BONDS $109 111 J05% 105% Central States PAL 5%i—1953 diet iiatl St Ry 5%3 —...... ' New England Pow 3%s Canadian Pacific Ry 04 1942 Ce ltral 111 El A Gas 3%4. -1964 {♦York Rys Co 5s Htpd Stamped 5s. 55% 52 ...1948 j Conv deb 5s Canada Northern Power 5s..1953 — . 6s stamped—.—— 107 consolidated non-voting stock; 1," when Issued; "w w," with warrants; "x w," ; , THE COMMERCIAL^ & FINANCIAL CHRONICLE Number 4044 Volume 155 631 other stock exchanges Friday Jail. 31 Feb.' G, to both inclusive, compiled Week's range t ale Low 16 V m prof v t c.100 dw. Davison Chemical "llH com * 50 85* 4736 256 936 497* 3 •2136 2136 2156 rv - r Jan Consol Id lit ed B lscult Jan 95c Consolidated OU Corp. Consumer!' C'a— Jan 53* J an 173 '5 V Jan 52 V .35 1123* Jan 1 I'M com Jf n Jin : - - Common part sh v t c B* • 4 10 H Jin 113* Jan 150 93* -443* Jan 153* Jan Crate Ce con mon Jan 51 Jan 50 112 Jan 116 66 28 Jan 31 Cudaliy Pncl ing— • ; ' i Common....30 >1236 i. '9V 235 31: c; Jan .4 ;,-Jan OH 9% 03* 21 93* Jan 21K 50 93* 203* Jan 21 V Jan 22 3* 27 27 33 24 Jan 273* Jan Jan Dayton Rubber Mfg Feb -V; 76 75 150 73 Jar 76 Jan 49 . 48.: 48 18 18 V V 18V in 14 b'eOc com'.* 1"* 6.400 4314 92 25 "~25V 43)4 92 Phi lira Fkg5V^ pref. 100 U 8 Fidelity A Guar.; 2 13% 25V j. c7 56 "63* Jan Dixie-Vortex Co class A,* Jan 19 Jan Jan 963* Feb Eddy Paper Corp (The) J; Elec Household-Utll Corp. 6 Jar 65c Feb Elgin;Nat Watch Co — 30 40 Jan 433* Feb Fairbanks-Morse 77 92 Jan 92 Jan 22 Jan 253* Feb ,! ' --.'.v Bait Tra' sit Co 4s flat 1975 (1 A 5s flit —*.1975 Ga Ron A Fia Fuller JftLlg jLio com—i.;.l Gardner Denver Cd com. * '14 3* General Electric Co com,.* 2636 !' 87,500 42 Jan 513* Jan 00 10 000 51 Jan 60 Jan 68 Jan 71*4 jtt.. to Feb. 6, both inclusive, ■ compiled from official sales lists referred. Boston & for of Prices Low High 12736 120 1283* 100 100 Albany...... 106 873* 24 2,433 . ICO 45 31 24 45 t,hares 87 25 Boston Elevated...... 100 Boston Edison... Boston Herald-Trave.tr.. Range Since Jan. 1 Low 122% 3m 134 3* Jpn 103 Jan 303 143* 75-3* Jan 2,705 22 3* Jan 24 ■'* 423* Jan 47 7* 3)0 13 Jai. 143* a an • Common stamped... 100 Prior preferred. i.... 100 ( lass A 1st 2 2>4 8 "236 pref stpd. 100 Class D 1st prt f <st Borston A Frovl'Vn IS 3* Jail 8 *4 Cammet A lleela..... 67* Jan 2 Jan 2 3* 2 Jan 2 Jim 20 14 13* 16 21 36 3* 2 636 113* * 4 3*% prlot p ef..._.l00 6% preferred....... 100 Jan 10 576 Jan 7 40o 300 336 Jan 10c Jan : Jan Jan 313* J* 1 Jar 81 49 3, 20 Common,....l-O 1st 44 Jan 50 Jan it) 32?* Jan 80 29 j* 100 1>4 01 873* 1 referred B.........100 18 Adjustmei t.......... 100 Eastern 88 813* Jan z 6 24 336 12 Jan 4; 18?* .lUl 3 v§ Jan 1 eb Jan 6 Feb 223* Jan 35 3 4 Jan 30 33* 2436 Jan 4 33* 1 u4 33* Jan 1(H) H Jan 13* Jan 24.5 1H Jan 2 18 18 13 4J* Cum preferred...... 100 27o Mergentbaler Linotype.'.* Narragansett Rac As«n..l 34 H 20 1,263 .474 t b 18 2,,c Jan 27 3* Jan 35 43* 2?a Jan 336 3 110 903* 981* 100 505 98 Jan New River 6% cum prt f 100 6* 64 20 64 Feb NYNHA Hartf RR..H10 H - J ».i. 93 ■> Jan 36 Feb Feb Jan 5 3* " an . 10136 Fib 0-j "1* Jan 2.56 4(k: i 55c 2,475 34c Jun 55c Ftb ,..100 45c 40c 45c 230 20c Jan 50c > Jan 1636 1636 50 1436 Jan 18 Jan 2336 234* 24 3s 1.043 19 Jan 24 3* Jan 1 1 300 1-36 Jan 83* 83* 8 7* 140 Pacific Mills Co. Fenrmylvaiila RR. .. ..50 . Quincy Mining Co——25 Recce But Hole Iv acli Co.* 8bawmut Assn T C.._—* United Fruit Co.... » 64 '4 United Shoe Much Corp.25 563* Jan 10 Jan 7 53* Jan 100 536 261* 45 436 Jan 312 26 36 Jan 653* 735 6336 x-tb 7236 Jan 573* 42 926 52 Jan 57 3* F«.b 6c 2,700 20c 75 7)4 36 Jan 3* TTti.il Metal & Tunnel Co.. 1 bfce * W, ldorf 7>4 86 7H 1 1 pysiertt,-. *1 — Jan 8 '4 10 41 ,..25 — 3'4 10 553* 263* — Jan .) at. 43* 263* 633* Stone & Webster... pref 80c 10 Tdrringtori Co (The)..... * Jan 433* Jan Jan <*6c Jan Jan 413* 800 28 ib 77* Jan 1 Jun 1 ■ 423* 4236 104'* 104'* 4 3*8 '48 83,000 1,000 38 Jan .4236 Feb 1043* Jan 104 3* Jan 133* Fib. G, bath inclusive, compiled Friday Par for of trices I rice Ke . Aet-ia B.Jl Bear! k com.. 1 Allied Laboratories 47 H 100 Anaconda Cop Mln cap.50 Armour & Co. common..5 Aviation Corp (Del).. •' Bendlx Aviation com 5 Bethlehem Steel Corp <jom* Bliss A Laugblln Ine com.5 33?* Borg Warner Corp CQ»n. ,5 2235 Brown I|Aence & Wire— 136 H36 preferred,..30 conv Feb 3036 436 100 283* Jan 175 43* Jan 693 125.3* 265* 33* Jan 28 555 336 336 8 C3336 1,299 200 363* 33* 1236 337* 3636 991 643* 1436 475 1236 14 349 pref * . 136 13* 1136 1136 336 336 536. 636 ComrrohF.. 8 277* Marshall Field com — 203* 18 673* an sDrc-dglrgt ...... 636 36 36 38 Prefern d.* pref...-..* Cent Stat a Pow & Lfc pf.* * 736 17 33 ... 10 For footnotes see page 633. 10 Jan 12 Feb Jan 1 Jan 1 47 Feb 52 Jan 30 355 2636 Jan 30 Feb 40V 70 3436 Jar 45* 135 47* Jan 113* 40 1 .4036 536 Feb Jan 10V Jan 14V 176 13* Feb. G, both • inclusive, Jan V* IV Last Jan Jan Jan 8 3V Jani City Ice A Fuel...... * v referred..100 7336 110 Jan Jan 50 Clve Cliffs Iron pref.. Price Week's Range of trices High Low American Coach A Body.5 Jan Jan Feb 4336 Jan Jaa Jan 17* Jan from official sales lists 74 6H 300 383* 50 383* 1 eb 38 V I High Low 7H Jan 8 V Feb Jan 7 7 365 alO a10 130 Jan Jan 7 «10 96 P6 96 21 96 Feb 97 3* Jan Clark Controller—.''—1 Feb 50 - Fan?e Since Jan. for Week thares Jan 7036 7Vs 46 36 536 759 12 Sales tale Par Stocks- 236 „ compiled Frida j 100 50 100 34 40V 25 Jan 392 41 7* 103* IV 30 70 3336 4036 Feb 36 136- 534 to Jan 133* • Jan Jan Jan 836 31 l'eb 1436 90 143* Feb 143* Feb 713* 1436 74 86 71V Feb 743* 323* 31 32 M 53F U 55t Jen Jen Jan 137* 2636 123*' 32 V 1336 143* l'eb Jan 73* Jan Jan 51V Feb Jan 6V Jan .* C: evelar d By. -100 Cliffs Corp com.......-.5 Co orJal Finance. — — - — — - .. General Electric coin. 9a* Jan Jan 8 Jan 8 Jan j 133* 1133* 1131* 20 110'* Jan a2736 «27 76 108 2736 Jan 113'* 2736 Feb Jan 8 Feb 8 _. : 8 25 100 g 137 8 Feb 8 30 85 Feb 95 V Jan 3856 20 38 V Feb 40)4 Jan Goodyear Tire A Rubber. * 7 117* Jf.n 11?* Jan 456 987 43* Jan 5 >4 Jan Great Lakes Towing -.. 100 29 31 155 283* 31 Feb 1036 80 9 Jan 11V Jan Hanna (M A.) 85 cum pref * 103 103 32 1023* Jan Jan 103 Feb 0 Jan . 1 10) >- V 5V to 143* 90 12J* 23 440 150 33 3* Feb V Jan Feb al236 «1276 39 3* Jfrper Mac) ire........ , liire A Tr 39 K 70 3936 Jan 1836 3936 Interl Jtc Eteamshlp—- 5H Feb 53* General Tire A Rp.bber.. 876 a27 36 1 — pref.... 100 * Dow Chemical - 636 85 183* 117* 1,100 117* 26 Jan R edusa rtld Cement. —s 19 19 150 33 36'«177* 250 27* Jan 33* Jan 50 25 V Feb Jan c W 511 136 Jan 23* 383* 33 200 373* 3* Jan Jan 39 3* 3* 97* 9V 110 N Y Central RR com. 3 36 33* 600 3 3* Jan 436 Jan c Ohio Oil com 100 336 Jan Jan Packer Corp....----- F'eb III* 150 Jan 4 V 14 V 450 V Feb V 300 .36 Feb 283* 22 22 y Montg Ward A Go com. 27 9 Trior pref 6%.National Tile—* c Rijaman Bros....... Jan 97* Feb 9 Feb 10 Jan 93* 10V* Jan Jan 01736 0177* .110 .14 Jan 223*,"1 Jaq Jan 1 Jan T: ompson l-rods Jan 636 Jan f 700 3 V Jan 4 Jan Van Dorn Iron Works.—. * 1036 * - 2536 Jan 28 V Jan Weinberger Drug Stores.. * 21 Jan 22 i eb 3* 29 3* Jan 28 238 273* 26H 12 24 ?* Jt.n 30 Jaa 37 50 Jan 70 V 1.C83 7 Jan 10)6 Ja0 Feb Feb 1036 1 Jan r'eb 267* * — , 26H 77* 1336 137 — Inc... 101 36 9 277* Jau V 536 IJSS teel com.;...... a7 a523* 053 V 9 1036 * V 50 50 , 93* 90 103* 017.7* Jan Jan Jan 25 9 Republic Steel com... 3* 10 3* a73* Fatterson-Sargent. Jan Jan 75 236 383* 36 al7 National t cu e 33* 2fiJ* 4 Feb Jan 33* 25?^ 4 19 202 336 336 V innea-olis Biew ( o com 1 Jan 5 J-.. - 1636 5 — . Teb 3* l'eb Lameon A f etalors.—..* i eb 1 5 Kelly Isld 33 63* Jan Jan Jan 22 V \ 60 36 Jan 4 15V \'7V 1 12 12 F-eb ' 193* Jan Jan Feb 11 Jan 10 Feb 6 V 25% 183* 1336 V i 93 1136 - 100 63* 35* 283* M c 1 A * Springfh.ed iom* usk'egon R ot £ fee Nacuman Nash-Kelvinator 22 956 cap..-.5 4H N Y Central RR Nohlltt-Sparks lad cap..5 North A mer Car com .20 5 — Northwest B vscorp com.. * Wh ite N otor........... 50 756 7h 54 17 u 111/ 93 756 Jan • Prior lien Jari Jan F arker en C-o 15H 1.3* 6 ■'(, preferred100 11 A.-10 1 oor A Co 11 B... -.s - - - *: - 21 .com—* jan 350 103* Jan 55 Jar. 30 Preferred...,... — 68 " ' 153*) 253 14 Jan 15V 10 Jan 12)6 Jan 136 750 36 Jan 136 Jan 60 Jan 65 Feb 133* Feb -14 Ri yt eon Vfg 6% l'eb 24 4536 Jan 24 43 Jan 47 21 Jan 21V . Jan 511 436 Jan 7!6 F. b 83* 26!* 936 Jan 70 Jan J £..n 146 Jan '68 • <27* 17* <17 43* 17 V 100 ~ 3 1 3* 1736 260 2)6 Jan 336 1 '8 j eb 1/4 Jan 1636 Jan 19 Jan 45* 1,550 •* ys Jan 5 jan 17 V 200 14V Jan V — ( anu Bend I athe Wks cap.5 645 100 .. jan 29 V Jan Atlas Dio ) Forge 15V 50 Jan 15V Feb Baldwin Rubber com 100 143* 3136 Jan 32V Jan Brown McLaren com 10 93 3* Feb 93 V Feb 4V Jan 167 43* 560 1356 33* 1 52 Jan Feb 5 Jan 10 100 Jan Det A Clev Nav com 113* 113* 113* 200 113* Jan 11V Jan Detroit Edison com 2436 247* 257* 4076 53* 2,091 l'eb 27 Jan Detrolt-M ieh r tove com._ i 88 2436 3736 455 536 Jan .1 i. 2 Studebaker Corp com c40 247* 6556 - 8. w i. - 15.3* 5236 Walgreen Co common--—*. Utah Radio Prod oom._—1 Common ;...... -.. * 57* Jan 636 Feb 3* Jan 36 Jan 300 Cum prior pref.... ....* Williams Oil-O-Mat com.* 6i6 Feb 36 Jan Wi8.onsln Banksharescom* Jan Jan 2 •tan 7*4 l'eb 336 13* 336 1% 350 3V Ffb 800 IV Jan 3 V 1 >* ieb 117* 11 V 1O0 ivb 13 3* 13 V 11V 1IV 1,050 IV Jan 51/ Jan Jan 1IV 1 ?* V4 136 336 1^6 83c 1.00 18 100 313 3V IV 1.00 6,440 73c 1 TV 33* 1,4 ■ Feb Feb 1.00 Ffb l'eb Feb l'eb Jan Jan 183* 136 2,808 i/v Jan 600 1:4 F'eb 2 Jan 236 DO IV Jan 2 V F'eb 4>* 1,195 3V Jan 4V Feb Jan Eurekp Vacuum common.5 6 Jan Federal Mtr Truck com. .* 33* 4 V 42V 176 336' Jan 11V 13V 17* 18 1?* 236 <4 3* 183* Feb 136 IV, 100 1 "it 1/8 l'tb Jan Frankenmuth Brew com.. 1 jtt, V 1736 Jan 19 Jan Gar Wood Ind com.. 3 336 376 1,240 3 V 23 V Jan 25 Jan 17* 136 200 IV 34 IV Jan 24V Jan 69!) 30 V 33)6 Jan 690 -20 V Jan 24 V 3 8 7* 39 Feb 1 General Motors Qom.„—10 Goebel Brewing com 1 Jai 6,450 376 It* 3356 F'eb 400 Jan 183* 2456 2 V Jan Graham-Paige common.. 1 S3c 99o Fib com._l lgcommon..23t 9V 655* 800 474 4 425 97* 3536 50 . 8 575 67 6536 Jan Jan Feb General Finance com 3336 2 3* 10,355 75c 75c 75c 300 60c Jaa 93* 93* 93* 329 9V F'eb 10V j&n 336 336 600 3 V Jan 3V F'eb 60c Feb IV Feb 33 10V Jan 11V Jan 75 4336 Jan 47 V Jan 90c HudiOB Motor Car com.* 45c 60c 16,000 13* 14 15* 300 IV Ja ivinsel Dreg com 1 502 50c 100 50o F'eb Jan Masco Acrew Prod com.. 1 136 15* 400 IV Jan 18 V Jan McClanalian Oil com 12V Feb Michigan Die Cwthig Jan 26 V Jan Jan 81V Jan Feb Jan IV 350 Jan 100 1136 Jan 182 2436 335 7636 200 Jan . Hurd Lock A MIg com. . . 123* x77)4 v :v' .4 ' ""9I.: ...... 1234 24V - • 25V 773* 7636 -- • Jan 2V 4>% 50 4 '/i Ji.n 5 Jan Woodall In'dust common.2 3. Jan 100 Feb Wrlgley (Wm JrfCoeap l* 5756 Yates-A mer1 Mach cap. .5 336 Yellow Tr A Coach cl B— 1 fcenith Radio Corn com..* <1256 936 1256 93* .176 !36 136 136 Jan '"53* Jan 23c Jan 1 Jan J6 F'eb iv' 900 i 75c 1,505 6V Jan 8 Jan 536 53* 205 5 Jan 5 V F'eb 97c 97c 400 9Dc Jan 23* 263* 23* 2636 305 136 2 V Jan : 136 8 2 Jan Jan iv- Jan Jan 100 3V -- 2V Jan Jan * —* Parker-Wolverine com... * Peninsular Mtl Prod com.l 5736 Jan 62 V Jan Prudential Invest com—.1 13* Jan .13* 3- Jan 3V Jan Rlckel (H W) common.,. .2 17* 136 208 100 3 H Jan Jan IV 141 5836 Feb 1 Michigan Sugar com—..1 Preferred v -10 P*rKC, Davis com, IV fOc 20c 1,300 1,150 Packard Motor Car com Jan 1,300 Jan 22c Jan 9036 23* 63* 22c Jan 10 236 4)* 43 Feb 22c Mil-West Abras com..50c 200 63* 1 Jan 636 91 Feb 93* 1 63* 91 > Jan ■ Micromattc Hone com—1 ii * ' 75c Jan 60e Kingston Products com.. 1 Jan Jan 116V IV 1736 1536 30c 1 Jan 5236 416 17V 55 V 119V Jan 515 v Jan 99c Grand Valley Brew 113* .220 70c Jan Jan 46 163* 5356 > Jan Jan 11V <153* 52?* 2V 100 V 9 Hopkinsb 11656 11/56 13* 13* 18 1876 2 5* - 74 V 4556 - " preferred.—100 Westughs El AMfg com.50 Wieboldt Stores Inc—• F 136 High 7 V 243* - 37 36 V Union Caro A Garb cap. cum 200 Low 115 23 V ■4% 1 Gypsum Co bom—^:20 53* 53* 2 Week Shares TV Mllr.er common.* .20 common - Range Since Jan. 1 for 7 V Continental Motors com.l Jan Standard Oil of Ind cap.25 Pieferred...... of Prices High Low 1 Capital City Prod com —* Consolidated Pa ercom.10 Consumers fcteel com----l -Vw//.ey Wayne Pump Co capital. 1 Western Union Rel com 190 Jan 50 kUICS com...5 Feb 3V 50 Price official sales lists from compiled Week's Range i eb 5 Standard Dredge- Jan Jan tale Par Stocks- Feb 356 503* 7% 736 183* 1056 Jan 43* 37* 33* Jan Jan 57 V 283* 50 Jon Feb F'eb 8V Jan Last' 70 50 US Rubber.Go com.,.. 10 Jan 17V Jan 7 51V inclusive, Fridaj 250 93 3* Standard Brands Inc com.* both 6, 5 29 V 32 U.S 8teef common^ 70 Feb. 747 32 Jan Jan to 31 54 V 933* Feb 64 Jan. • 93H 15 Jan Detroit Stock Exchange Jan 200 47* 283* 43* — Sivyer Steel Castings com 2236 Feb 142 Jan 157* 4 Serrick Corpcl Bcom....l Jan Feb 573* 10 Jan 5 52-7* - Trtine Co (The) com. —25 6 v* Jan 9 1-130 143 77 i DETROIT Telephone: Randolph 5530 Ftb 143 Swift International cap.. 15 i Texas Corp capital 25 »r- 18 I Ford Building Jan Jan 173* - Feb 205* 21 2136 — j Chicago Stock Exchange Jan 10 New York Curb Associate Detroit Stock Exchange Jan 262 21 75 . Sundstrand Mach T'l com 5 Jan New York Stock Exchange - 600 1736 s cap..* 50 220 IV pref. .5 Swift A Co capital......25 Jan Members F'eb 150 200 c93* 4 -v: Jan Jau Jan 14 " Feb 53* Watling, lerchen & Co. Jan 56 05 ' -100 8 I63* . 456 93* 4 19 3* . 73* 263* 9V 683* Standard Oil of N J cap.25 200 12 456 Radio Corp of Amer com.* 3 97* 5V 73* c253* ...... * Inc capital Jan , jan 21 . Pressed Steel Car eom._..l Pullman 113* 43* Jan 4V 237* 433* .233* Peoples G 1. A Coke cap 100 Jan 17 23 V 13 3* 5(j Penn RR capital 10 95 Jan Jan 05 Perfect Circle (The) Co... * Jan 110 136 I en'n F lee 156 36 10 1236 12 CLiss B cjm.......---5 Jan 13(1 Jan . Stewai t Warner Corp com 5 1,700 pan aan i ' Feb * TS Jan -"i 83* 213* 100 - 56 <14 V (The) com 10 Peabody Coal— Jan Jan 5 9V " Jan 320 • Paramount Pict inc com.l Jan Jan 9V Jan 8 623 113* 55 33* 500 , 217* 5 Jan 850 95* 11)4 55 United Air Lines Tf cap..5. IT* 5 , ----- pref.......ICO U 8 197* 4J* 9 83* Nor West Utilitics— Jun .63 14 c43* cap.....* 10 200 956 85* C9>4 213* Natl (. ylinder Gas com... 1 67 100 12 145 Jan. 73* - - - ' 50 10 Feb 836 Jan Jan 1 National Refining (new) ..* 10 397*. 50 .836 16 Jan Jan Cleveland Stock Exchange Jan 03* t c Jan *250 Jan Jan Feb 6% v — Ffb 1 Feb Feb 163* 3* prior prefei red- 32 36 2936 136 325-6 , Timken Roll Bear;......* o* CO ^3? H Jan 736 8V 11V 8 150 11X 81 Jar 2736 759 1136 1136 "333* 10 Jan 33 _____ Mliler & Hart Inc com 31 836 , 47* * ..... 7 X * Feb 1836 8 Jan AO 100 7% preteried A....,100 6% preferied A 65 506 1,390 1 • Middle West Co) p can.. .5 500 38 Jan 30 12 Midi a d UilCo conv pf A * 36 1936 100 ...... Chain Belt Co com Cherry Burrell Corp com. 5 36 Jan 7)4 ■7H 7>* Jan 10 1456 M id land U til 7 <A pr 11 wi 100 636 Cent S W Utii com..-.50c Jan . ....... Jan c227* Merch & MfrsKec A com.l — Feb 40 lirgMill.—...25 Co lu m b la Gas.:.. General Motors. o— 5](t 1 Amer Ro Feb Jan 1336 Comu on.............» $2 cumul part pref... 23 Jan 9 29 V im McQui y-Norris N (g com ' ivicWi.l Feb 287* Card—-.10 Jan h Martin (Glenn L> Co com.l 1236 100 6 V 13 V ' Jan 180 53* * — Ffb 23 Unlisted— Jan 103* • 50 ;; 16 15 Teb 10 V ." Jan ' J7 prior Uen Jan Ftb ' Feb 1333* 2836 l'eb 50 2036 18 18 Jan 300 8 Feb 43* 5 10m Ftb 100 Jan 8 850 v Jan •56 38 V 4% i.... —* -V —. Line Materia 1 Co 113* 337* 100 63* 113* ---200 '•:> 2036 48 1 "47 X * 536 8 Lincoln " tg 33*% pref...* Jan 450 50 100 .. 29 Jan Feb Jar 85 7 om . 33* 150 -2936 •-2V 250 - Fct 76 1436 47 10 14 V 383* 8 • 100 preferred. 6% 3636 436 2,530 - Junior cumul pref..—50 l.ibby McN & 1 Jbby 400 . Jan Jan Feb 30 29 1 136 Wurlitzer10 c 600 215** 225* 66 -■..... Canle (A M) A Cocom..lu Ce it 111 Pub Sarv 56 pref.* Common Jan 93* 1236 * Butler Brothers-———10 ,•..636 Central 111 Secur 4836 j, Burd Piston R1 g com_.il conv Jan Jan -ig 200 C63 14 3* f. Common.............1 Biuce Co (E L) com..__-5 570 ■ 4936 46 1236 - Jan 3 Spiegel Ine common 2 St Louis Natl f tkyds cap. * High Jan 250 336 ■ .3 — Low 483* 200 8 k lists 93* c27 273* 336 34 Southv est Lt & low pref * 93* ' Jan 103* Jan „ . sales Range Since Jan. 1 283* 29 436 c456 1273* 1283-6 com.. Jan Jan 336 Jan Feb 636' Feb Jar 18 31 83* 9 36 Feb Jan 2936 33 23 I-...—* 213* 6 ... 47V 93* 123* Anier Rad & Stand com__» Aro Equipment Co coin..l Atch Top & d Fe com.. 100 65 Jan tucky Utilities— Signode Steel Strap pref. 30 Shares 4836 47 ... Aliis- Chalmers Mig Co...* Amcr Tel & Tel Co cap. High 4836 V aniscl ewltz.. PA G....f......... 77* Jan Jan 100 • 1 77* ,77 Jr.11 636 .17* . Jan 05 Jan 145 . 19 76 16, Mfgnavox.———-.2.50 Jan IV 40V - 20 - "287* c7H : 74 4936 5156 wV:-U" KelKigg Svvltchbo iru com.*. Sears Roebuck A Co Week Low Abbott Laboratories com.* Atme Rteel Co torn.....25 official tales tale Stocks- from Week's Range Last 14V 28 V Jan 723* .l com Hosiery MCls com 1 .-a ngamo Elec Co com * Schwltzer-Cummins cap.. 1 Chicago Stock Exchange to Jan Feb 136 33* Hqilli 31 XT S Minting pref......-50 1,3(0 12 936 Re 'Uhlic Steel Corp com Jan. U S Flaying 2,500 295* 12 • r% Quaker Oat? Co common,* Bonds— Boston & Maine 4 3*s 1970 V Jan 33* Pure Oil Co (The) E Mass st Ry set- ; 736 — Jan 7 55c North liutte...... Old Colony RR 4 143* 32 28J6 23 ......... National Eiimps pref.... 26 V 72 16 Kroger............... Jan 576 71 150 Jan i»b New Engl Tel A Tel...100 64 ,Mi 4 Jan Jan 37* Natl Tunnel A M Ires....* 3 *>, 133* Jan 16 490 43* j 15c 115 35 Jan 13 145 27c 33 3* 4K 20 436 18 27c Jan 77* 23V 1636 Jan 13 -•37* 776 23?* 1636 Jan 2 13 Maine Central com..*.100 Wairen Bros— Feb 336 1 H Ma-VUtll Associates vtc.l in Jan ; 1.7* Isie lioyale C opper Co,. 15 Hamsun Corp (Del) com..5 Lecw'sTi eatrt-8ihost)--25 6% ei 13* 01 4*4 200 ? 33* Jan 23* 125 l,26f 24 3 3* Go r 334 53* Km pi Group Assoc T c.. ( ilji.rist t 525 18'* 33* com........ Gillette Safety R 01 13* Jan 165 17* preferred.100 Feb 450 . 53* 50c 42 Intern Mass tt uy— < Jan 536 ■ HobartA Jan 410 .V 34 V 7)4 736 2936 «L'; Joslyn \ fg & Supi iy coin 5 Jan 130 88 luiemat Hurvestei com..* Jan 115 48 V *37 V Jan • 300 Jan 9 1 Jan 5 "ir, Jan 700 1 -3336 17* Liquid Carbonic com. — Jan 50 1136 73* Jarvls (W B) Co cap..... 5 Feb 0?-* 636 53* Eastern Gas A Fuel Assoc t ommon.. 29 V 465 ; 35}* 337* 256 i-L; Interlake iron Corp com.. * Jan 40c Copper Ra- ge ...» East Boston Co........ 10 Feb 27 10 13* JvS+J- 12 Inland Steel Cocap— Jan 53* ,.5 Jan 76 Indiana >teel Ptod i eb 2 18 0 3V 89 33* 31 20 350 83* Indianapolis PAL com..* Jan Jan 50 2 '-2 18 Boston Pers Prop Trusts,.* > 63* 1336 100 Feb 34 V Feb 8 23 rrior Jan < Jan 37* Jan \ 614 76 preferred-.'. 12 Hilton-Davis pref—— .5 35* Jan 10 19 Jan 136 com.. Jan Jan 3 1*3 293* 793* Feb 150 83* IiideplL euTod v tc rew * Feb 210 23* 2V % 2 100 236 5 236 2 d);00 e. Jan 156 293 2 r. IH 53* 25 23* (lius A 1st»r< f 100 ( lass B 1st prt f stpd. 100 Mas C p»ef stud."...100 .. '117 236 8!* 3* Ftb l'eb 24V 2-34 ; 2 Jan 83 676 -- — - Jan 1,562 73* Gibson Art--—F.— Hatfield Jan Jan 217* 25 75 FariyA Daniel...j..----* Jan 336 r. otor Cai com... .1 Illinois Cent ItB Jan 883* 6V Jan 9 1736 Illinois Brick Co cap.... 10 Jan 448 473* 143* Hupp Jan Feb 3<t 356 1336 •: coma on... Jan 16 V Feb 50 -356: : Houdallle-Hersh :y cl B. i Hubbeil, Harvey inc com 5 Jan 100 Boston A Maine— 3 Horders Inc High 104 V Jau 736 63* Jen 1 73* -. Dow Drug. 1 103 .89 67* 614 33* Croslcy Corp.......... High Jan 43 33* 847* , 75 Gin Un Ptock Yards.... 30 • fOO 256 . Jan - 89 7T6 Low 19 - 25 37* 3V Cincinnati Telepi one...60 Jan lists Range Since Jan. 1 110 1 3 -... 300 - ' 336 556 32 36 Heln-Werner Mi tcr Parts 3 1;X Hibb Spenc Bart lett com 25 Week Frice An er Tel A Tel...,--. 100 Blge ow-Panford Cwrj et t o j Week's Range tale Par 50 19 347* ■ 14 12 V Jan 2136 250 Jan Jar 153* 100 1436 com 10 Heiieman Brewiug cap...l tales Last - 13 sales 43 83 89 for 1 — official Shares 207* 1 Cincinnati Street——.59 Feb High 207* 207* G NO ATP.-. Jan 110 from Week of Prices 84 3* - ■ CO Dr&Dk torn* 13V Jan Week's Range Low Vaci)...20 Aroer PTodu'ts prior pref Participating preferred.* Churngold .'V. — - — * Gin Advertislng Prod-v--* Gin Gas A Eloc pref—100 Amer Laundry Jan 1136 210 277* >' s - 96 -250 , > 8 3* 63* 273* 3336 HarnWchfeger Corp1 Stocks 50 1436 torn.*.* GoodyearTire A Rub com * Gossard Co (H W) coin..* ft 5: l'eb 105 50 f2636 13* Great Laki Exchange Frida 12)4 20 53* Goldblatt Bros Inc Boston Stock 31 200 3336 General Outdoor Adv com* Jan. Jan ' Gen Motors Corp com., 10 Jan Feb J. General Foods common.. * 3* 'H ;*!?* General Finance Corp coml 2 000 71V Feb 47* 336 ,556 '513* 51 60-v 71V ..^.'1;'. iu45 4 19 v.. com.. .1. * 6V 40 23: 34 J* 27 Common. if 62.2—2.- Jan Jan compiled tales Sale Frice Ear Stocks- Jan IV 53* 1 Fltz fcimons & Con DAD 1,812 23 V Jan 250 16 : 34. - 15 .. Jan 1 278 103 2236 ' r-y-'jiI t' \ ' -:'■■■ . 8436 , Jan 1236 153* j 40c Last Feb 336 inclusive, Frida j Feb 4936 Jail 133* 1236 100 com 1 183* •> 9)4 Jan 23* 2136 836 56 133* Curtiss-Wiiffbt Corp com. 1 23 Jan 45 5,050 110 both 6, Feb. to Jan 4% 110 31 Feh 50 300 650 ■ 3* 100- 943* 20 65e '" -48- 60 • 9614 » 50c • 1 120 : 260 125* zl27* Deere & Co common... . 48 ■ "1 Jo" 4.25 27 30 4 3* Jan Jan 29 50 Jan. Jan IV 32V 63* . K Vot tr ci fs part pf shs.50 Container Ct.rp of Araer— Common2 2 2.1..... 20 550 112 Cincinnati Stock Exchange High - Jan »I« 200 1 556 TJOW 10,400 3 1 , 21K f Distillery^.. 1 Bonds—T-.'TT:. i.1 - —..1. 7% Gumul oref—2;2.;i00 Cunningham Drug fc.ts.2 Mi 5 . 50 11V 30H Northern Central Ey —50 ow 25'4 Jan 4 32 143*. 112 112;, New Amsterdam C( «ualty2 Penna Water A 1 Feb 50c Jan Range Since Jan. 1 :- Shares 136 3236 Cities Sen In* Go <,om- ._10 173*. High 136 3236 Continental ®teel pref.. 100 100 .. Natbnal Marine Bj.nk. s 25 2.137 52 V 48V Merch A Miners Trursp.,.* MtV'er- Wdbury V" i ls.prflOO OwlngsMil 13* 11 ...1 o A Jan Low 14 Fidelity & Deposit. --...20 Fidelity & Guar Fire Corf lO in High 14 V 2 , 110 5V 51 1 Houston Oil pref... Jan. I ?— Common v t c.. .Finance Co of A Price Chicago Flex Rhaft com.45 Chicago Tel Cab cap—. Low 880 , 113V 113 v 1 <■ om... 5H V 51 100 Eastern Sugars; sua J referred v t 5M * .. 4V% prof B— 163* 25 ,25 V 74c 90c Week" Par Chrysler Cnfp common..,5 Shares for of Prices Chicago Corp common... 1 Convertible Preferred Week Hi'ih {.Continued) Com'wealth Edison com.25 Arundel Corp..c.i_. Is salts -lists Bance Since for, of Prices Price. Atlantic Coast I. (Conn). 10 Halt Transit com v t c.... * Cocsol Gas E L A T official tales Last Par from Stocks Week's Rangt Sale Exchange Friday Stocks- Sales Last Baltimore Stock IV Feb 2V Jan River RalBon Paper coin--* Siotte -ju'1 on omiron.10 236 1536 335 2V Jan Feb 460 15 V l'eb 2V 15V -• 91 4 20 12V Jan 13V Jan 220 9 V Jan 10 Jan __ 263* 6 6 6 73c 69c 75c 322 6 57c 2,300 350 1536 20V 112 : Feb 27 Jan Feb 6 Feb Jan 75c Feb Jan Feb u%ar*uettM THE COMMERCIAL & FINANCIAL CHRONICLE $32 Tuesday, February 10, 1942 OTHER STOCK EXCHANGES Friday Friday Sales Stocks (Conffnwed) Par Week's Range of Prices Week Price Low Speller "^"fg "oromon......l 2% 2K 100 Bmpllcity Pattern oora..l IX IX 300 IX IX 418 Standard Tube B com_..l Timken-Det Axle 1W „10 31k ,..1 1.00 com Tivoll Brewing com Udvlite com 31 Universal Cooler B__ 55 c 1 "l% Warner Aircraft com . Jan U S Rubber Co—— 10 16k ...» 52 k 1 % 33 Jan ;Jan 90c Jan 95c Jan 2% Jan 3 3% 500 3 Feb 3k 50c Jan 55c a77~~ Westlnghouse El & Mfg. 50 Feb 2% IX alOk allk Warner Bros Pictures Inc. 5 Jan Feb Jan. 311 to 50c 55. both 6, 2k 700 2% Feb 1k IX 4,000 lk Jan Inclusive, Jan. Feb. to 31 6, both 16k 16k 52 k 52 k a5k a5k a77 k a78 k inclusive, Last compiled official from Sale Par Stocks— 100 V : X ■ Week's Range of Prices A merican Tel & for Sale Par Week Price Low Range Since Jan. 1 Price .—* Shares High Budd (E 12 k Low ; 1.75 1.80 450 1.50 Jan 1.85 Jan 2.70 2.70 300 2.55 Jan 2.70 Feb Corp—-.2 California Pack Corp com * Central Invest Corp—100 Blue Diamond 1.85 1.80 alOk alOk a w _ Consolidated Steel Corp. * Preferred : _......* 6 ~ Jan Jan Horn & Hard (Phila) com. 11 Feb 12 Jan Jan Ilk Jan 94 10k 46k Jan 46 k Jan 757 5k Jan 6 19 325 5 k 18k Feb 18k Jan 19 64 64 138 64 Feb - - 5k - 380 240 33 k Feb 7k Feb 7k Feb Salt Dome Oil Corp 45 Ilk Jan 11% Jan Sun Oil 50c 50c 45c Jan a3k Investmt Co IB Menas 0 Mfg Co. 1 Nordon Corporation Ltd.l 7 1.70 PToducts....' 10 com..25 Uk pref.........-25 33 k 27 k Jan 1,300 28c 22 310 21k Jan 7 7 632 1.65 25 - Jan Jan 1.90 4c Jan 53 Feb compiled Week Low High 236 9k • Jan 12k 134 k 122 k 2k Jan 340 50 6 k Jan •7 70 44 k Jan 49 658 Jan k Jan 9 16k 265 29k 29 k ! 18k Jan Jan 32 k Jail ------ - - - - 1.65 Jan Jan 191 19 19 Jan 100 15k 5k 3k 22 Jan 5k Jan 870 14 Fell 33 Jan 15k 36 k Jan Jan 50 k Feb * ■ 5k 5k 14 15 36 36 Jan 3k 3k Jan 5 Jan Firemen's Fund Indem.. 10 Jan 3k Jan Fireman's Fund Ins Co.25 2k 38 2k Jan 3 Jan Food Machine Corp com 10 31k 31k 152 31k 3 3k 2.081 Jan 3k 32 k 33 844 31k 20 > Jan Jan 114 . 34 k 116k Jan 1,898 Jan 176 176 10 174 k Jan 176 Fel) Gen Paint Corp com 116 116 10 110k 30 Jan 116 Feb Golden State Co Ltd.—* Jan 13k Jan 15 Jan Jan 27 k Feb Hoi ly Development— 1 23 k 24 k 30 k 14k 13 k 27 k 209 92 31k 14k 27 k 22 k . 27 k 405 Jan 24 k Fell 31k 9k 153 21k Jan 22k- Fel) 200, 2k 51k Jan 3k Jan Honolulu Oil Corp capital * Jan 55k Jan Hunt Brothers com—10 6k 200 k Feb ht 37 ht Feb H 1,154 % Jan k . 14k 5 Sk k 15 k 100 -32 150 5k 3u k 5,319 103 k 106 k Uk Jan Jan 16k 5k 106 k Jan Jan 103 Jan Jan 10k k Jan 9 k Jan 12 Jan 1,647 k 9k Jan 10 k Jan 600 Jan 50c Feb 41k 125 40 Feb 41k 13 700 13 42c 10 k Jan 2,695 3k Jan 860 6k 8k 9 Jan Jan Feb 6k Feb 1,097 4k Jan 9k 5k Jan 4k 1.50 6,606 90c Jan 1.50 Feb Magnin A Co (I) com...* March Calcul Machine..5 5k 5k 220 5 Jan 5k 103 14 Feb Jan Jan Mfg Co coin....1 Menasco Jan * Occidental Insurance Co 10 Jan 6 Jan Jan 4 4k Jan 12 Jan Jan 9 11 1.15 Magnavox Co Ltd 4k 100 4k libby McNeill & Libby-7 Jan UJ2 33 k 727 50c 5k 8k 8k Jan Feb Jan Jan Jan 1 k k 14k 138 Ilk -.10 'lft 1 -v. Jan 31k 13 13"" 40 ■ 108 200 10 48C Home F & M Ins Co cap 10 3k 53 k k Jan 1,297 12 9k 22 k 3u ": Jan Feb 40 50c 3k Preferred 50 101 9k 12 Hale Bros Stores Iuc..... * 57 178 6k 6k 9k :* 52 k 22 k 40 50k 50k 106 k 107 k Hawaiian Pine Co Ltd...* 25 106 k Gen Motors Corp com.. 10 176 106 k Jan Jan 1,069 Natomas Co * Jan 14 14 1.55 1.70 1.70 1,124 1.35 Jau 1.90 Jan 9k 1,050 8k Jan 9k Feb 9 9 27 27 23 k 6 6k 27 18 15 Jan 6 k 29 k Jan 3k Jan 1.45 27 k 202 27k Fell 27 k Feb com..—25 19k 19 k 18k Jau 20 25 104 25 Jan 25 Jan 6% 1st preferred.....25 5k% 1st pref 25 27 k 28 2,571 1,529 27 k Feb 23 k 25k 27 k Jan 27 k Jan Jan 31 Jan 95 Jan 97X Jan 13 k Feb v 100 . a5k 37 k Feb 38 k 362 > 28 k Jan 30 k Jan 5k Jan 5k Jan 75 a21" 8k 200 4k 3,810 Jan Jan 19c k Jan 8 k Jan 4 Jan. 31 Feb. to inclusive, both (», Jan k 20k Jan 24k Week's Range Last Sale Par Stocks^ sales lists $5 dividend—. for Low Range Since Jan. 1 Shares High 150 23 Jan 24 ■ ■ Low Preferred Feb Allegheny Ludlum Steel..* 21 Jan Blaw-Knox Co * ""6k 200 2k Jan 2 k Jan 5k 19k 403 4k Jan 5k Feb Clark (D L) Candy * Columbia Gas A Electric.* lk 1,210 18k Jan 20 21 6 6 50 21 Jan 22 k 250 6 Jan 7k 100 7 Jan 7 863 lk Jan tlk Jan R E & R Co Ltd pref —100 ?.. * 2 1 lk lk k 27 Jan 28 k Jan Electric Products 25 k Feb 26 k Jan Fort Pitt Brewing ------ 28 k 28 k 391 Feb 29 Jan 13 k 1,300 1,489 F< b 22 k lk 100 k 4 ------ a 630 9k Jan 9k Feb 425 6c a4k a40% a 128 9k lk lk Jau 2 Feb Republic Jan lk Jan Richfield Oil Corp com.. 1,080 Roos Bros com . • Jan Feb 15 98 Jan 26 k 100 98 15 15k 205 44 44 44 k 53 10k 10k 10k 1.70 8k Jan Jan 15 Feb 15k Jan 31k Jan 45 Jan 350 10 Jau 11 ""8 k Jan 1.70 135 1.70 8 k 471 "ax 110 16 16 8 k 15 Feb 1.75 Jan 8k Jan Jan Jan Feb 16 13k 15k Jan i6k Jan 3k Jan Home (Jos) common * 18 18 10 18 Feb 18 Feb Shell Union Oil com.... 15 13k 4k 18k 1,330 Feb 125 13k lk Feb Hoppers Gas A Coke pf 100 96 96 k 90 93 Jan 96 k Feb So Cal Gas Co prifser A.25 28 k 28 k 600 28 k Feb Feb 29 k Jan Jan Southern Pacific Co——* 12 k 13 k 1,673 Ilk Jan ,13 k Jan 20 k Jan 4 4k Jan .* Common.. Lone Star Gas 16 16k * 16 k 8 100 8k 1.449 7k Jan Ryan Aeronautical Co—1 Mountain Fliel Supply.. 10 5k 5k 1.820 5k Jan Jan Jan Ohio OH A Gas,... 5 10c 10c 2,305 10c Feb 10c Feb Tide Water Assd Oil com 10 9k Jan Fenn Federal Corp com..* lk lk 100 lk Feb lk Feb ik 36 k lk 36 k 100 lk Jan Jan Transainerica Corp.——2 100 36 k Feb lk 36 k 63 k 5k Feb Union Oil Co of Calif—25 4 Standard Oil Co of Calif. .* 13k « Jan 6c 1,200 Jan 6c 4k Jan 4k Jan 126 k Jan 126 k Jan Jan 28 k Jan Jan 3k . Pittsburgh Brewii g. .....* Pitts Coal Co pref..... 100 Pittsburgh Plate Glass..25 Pitts Screw A Bolt Corp.* Ruud Mfg... 1. 5 Westing! ouse A ir Brake.. * „ - >' - - - -i 60k 4k 60k 7k 18 19k 78 61k 4k 7k 19k 77k 145 ; - 30 :. . 478 Jan 59k 4k Jan 7 Jan f Jan Victor Equip Co com 1,675 22% Feb 499 19k 9% Janl 10 k Jan 10 k Feb 94 30 90 k Jar. 96 Jan Jan 4 4 4 4k 13 k 16k 13 k 13k 16 X 5,916 300 4 788 12 k 12 k k Jan 13 k Jan Feb 16 1 "2.50 2.50 2.90 1,300 2.50 Ilk ilk lit* 215 Feb 8k 8k 254 254 Jan 9 Jan k 12 650 Ilk 8k 253 k 270 7k Jan Jan 19k Feb Vultee Aircraft Jan 17k 76k Jan 22k 5 Preferred 80k Jan Wells Fargo Bk & Un Tr 100 1 Feb 10k Union Sugar com.*—...25 Jan 4k 14 94 .* Preferred v 8k 10 3k Jan Jan Jan Jan Jan k Jan Jan 90 76 k Westlnghouse El A Mfg. 50 : 117 28 10 3k Jan 14 13 k Jan 14H Feb 30 30 50 29 Jan 31 Jan Yoeemite Ptld Cem pref. 10 2 2 123 2 Feb 2 Feb 887 126 k Jan 27 k Feb 128 k 28 k Jan 226 Jau 3k Fel) 1.45 Jan Western Pipe A 8teel Co. * 130 i4k Yeilow Check Cab ser 1.50 90 230 Jau 23 22k Jan 758 146 Jan Feb a4k 101 Jau Jan 8k a40% a40% al27%aV28% a26% a28 Jan Feb 145 Feb 12k 8 Ilk 90 30 140 183 96 98 Jan lk 850 k 6c 12 k 1 ...... 1,132 13k 8 9k 5 8k 5k alO 10 13k 8k 8k 13k k 642 Jan Jan 18k 1,886 4k Duquesne Brewing J etroleum com.l Rayonier Incorp com Harbison Walker Refrac— 12k 21k lk 28k Ilk ------ 16 6 Jan lk 686 145k 145 k 26 k 26 k PugetBound PA T com..* k 7 ik 9k lk 30k 96 k 96 145k Preferred........... 100 Jan Jan 30 k 25 k 100 100 ... 7 525 12 k — 25k 125 96 k 30k ....: Pac Public Service 1st pref* High ------- 746 22 k — Pac Tel A Tel com Week of Prices Price 2k 24 official Parafflne Co's com......* 223 2k 5k from Sales Friday Feb 19c 8 compiled Pac Light Corp com Jan 3k 300 24 k 24 k 24 Pittsburgh Slock Exchange Pac G A E Co Jan Jan Jan 27 k 25k Unlisted— 2k Pennroad Corp vt'c:. —1 2k 20 V 2k Jan Jan 3k 10 k Unlisted— Jail 29 Jan 35 a34X a35k 3X 3X 100 3k Feb 4k Jan 13 k 13 k 120 13k Feb 13k Feb 10k 10k 150 10 Jun 10 k Jan 39 k 3% k 105 a 64 a22 1 -1 a 36 a63k a 22 X X 105 a25X X a34% X a27X a 27 34 k' a2k 34k 40 k a28 Jan k Jan "22 k" k Jan 3k Jan 200 36 Jan 3k 21 Jan Burkart Mfg common Jan 9 Jan Coca-Cola Bottling com.. 1 Jan "28 k" Jan a40 —— 25 Oil Co 10 Union Carbide A Carbon Tide Water Assoe a66k Corp— for of Prices is,„ 300 a28% a2k 900 25 2k Jan 34 k 40 k 270 34 k 40 k Feb 34 k Feb Feb 40k Feb 28 k 28 k Jan International SI Jan Key Co common—..... Laciede-Chrlsty Clay Prod Jan Jan Jan 27 k 200 12 k 225 12k Jan k 13k 9?4 190 9 k Feb 10 k 8 100 7k Jan 9 Jan Jan 8 55 15 250 21 5k com....... 1 Common 7 7k 5k 7k oe Common....... Laclede Steel 4k High 4k 10 k ..100 5 Jan 5 Jan Jan 17 Fell Packard Motor Co com...* 13k 13k 75 12 k Jan 14 Jan 10k uk 110k 112 455 9k Jan Uk Jan 20 110k 5k Feb Jan 5k 5k 500 5k Feb 5k 4k 40k Jan Sterling Alum com......1 Stlx, Boer & Ful .er com. 10 8 8 120 8 Feb Jan Jan Vardaman Shoe com 1 50c 50c 83 50c Fell Feb Jan Wagner Electric torn 15 22k 22k 190 21k Jan 100 50 Jan 4X 24 Jan Jan 5 40 k 4 k 24k 145 42 9% Jan 9k Jan 185 from official 2 2 9c 9c 85 100 10c Stocks (Continued) sales 85k 85k 39k 39k -- High 5% preferred 13 Feb Jan 9 Jan Jan 19 Jan , 50 Jan 17k Jan 4k ~~6k —60 5 For footnotes see page 633. 8 8k Feb Candn Car A 29 , 25 13 k Jan 14 k Jan 148 k 6k Jan Jan 150 k 8k Jan Canadian Jan Class B 20 k Jan Jan Jan 21k 6k Jan Candn Pacific Railway..25 Jan Con Mining A 12k Jan Jan 12 Jan Distillers Seagrams Preferred 260 4 k Ilk 8 Ind 114 k 16k Alcohol..:* 3k 3k * ... 6 Smelting..5 * ...100 5 6k 28k 5 6k 29k 105 6k 23k 25 25k 124 . . 4k 101 k 102 5k 23k Foundry..* 217 4k 105 Preferred...........25 231 25 19c Jan Jan —* — Jan Uk Jan k" jau 13k Jan Feb Jan a 13k «k 145 27 k 28 k a26k a27k alk alk 5k' Jan 6k 8 Jan 8k 60 27 Jan 29k 148 27 28 lk Jan 1 k Jan 3k 43 3 Feb 3k Feb 3 3k a34k a34k 3,160 4 Jan 7c 36 k Jan 36k Jan 7c Jan 9c 2.16 Jan 235 26 k Jft" 27 k Jan 2.10 2.15 1,100 1.80 Jar 2.00 Jun 12k 170 12k Jan 13 k Jan a28 a28k a9k 50 1.15 1.15 640 1.15 Jan a2 k «2k 75 2 k Jan 23 k a3 a2k 24 400 22 k a3 20 2k Jan Jan 6 Jan 7 k Jan 10 6 6 8 8k 310 17 23 23 23 Jan 3 Jan 6 Jun 8k Feb 22 Jan 23 Feb 19 269 19 Feb 20 k Jan 27 k 600 28 k Jan 530 27k 25k Jan 25k Feb 26 k Jail Jan Stand Oil Co of N J—25 a40k a40k 75 65c Jan United Aircraft Corp cap.5 a3i k a31k 20 23 k Jan 1 United States Steel com..* .05 Jan Jan Feb 19 8k 40 2k 25k * Jau 1.15 24 27 k Standard Brands Inc Warner Bros Pictures—6 Jan 73 Jan Feb 2.95 Jan 1,000 25 25 85 k Jan Jan 50 6% preferred—.. 5X% preferred Feb 12 295 12k a9k a28k So Calif Edison Ltd com 25 U 8 Petroleum Co... . " 270 8 Feb 85 25k 4 4 1,05 1,005 4 97c 4 Feb 5 39 k Jan Jan 41k 32 k Jan 31k 33,300 95c Jan 1.05 Feb Jan Jan 5k k 415 52 k Jan 55k Jan 3 .... 3k 630 2.65 Jan 3k Jan 5k 5k 300 5 k Feb 5k Jan 52k 6c 6c 200 6c Jan 6c Jan 1 70c 72c 230 70c Jan 80c Jan Preferred Sales . Preferred 7% ......100 Canadian Cottons pref. 100 Cndn Foreign Invest....* 100 2 Feb Feb 85k for Sales Friday Last Low Stocks (Continued) High 1 Par Week's Range for Sale Range Since Jan. 1 Week of Prices Low High Shares 101k Canadian Cehnese 13 9k 5 Listed and Unlisted Week's Range Price Par ... Low 410 Westates Petroleum com.l 39 X ........ .. 18 200 Jan , Preferred. 100 Can North Power Corp..* Canada Steampshlp 16 5k Feb 32 k SI,000 10k a2% V of Prices Low High Week Price Range Since Jan. 1 Shares Low High " 176 12 8k Jan . 9c 85 lists 615 12 2 Jan 10k a2k a 13k 7c Utah-Idaho Sugar Co com 5 St Louis Car 6s extd—1945 St LouisPublie Service— 9 400 7 Sale Range Since Jan. 1 Shares 8 20 k 6 2,300 85 Last Sales for Week 7k 20k 3% 6k Preferred 25 year conv Income 1964 Exchange «0 50 Bonds— 19 , 112 18k 16 * Jan Jan 110 "8k Pennsylvania RR Co—50 Radio Corp of America. .* Riverside Cement cl A...* Schumach Wall Bd com..* 5k Jan 40c 3 Pacific Port Cement com 10 16 5k Feb 36 k .1 50 ...» 18 k Brit Col Power Corp A.—* 4k 18 Common..: Securities Inv pref. k alk North American Aviation 1 Feb Scuilin Steel warrants 16 Bmeu Silk Mills.—...* Feb 4k Jan Feb * Hk 100 8% * 14 k Montgomery Ward A Co.* Mountain City Conner..5c 32 53 k Asbestos Corp..... 148 k 149 Jan Feti 3k Jan Jan Algoma Steel. * Jan 28 — 430 Rice-Stlx Dry Gds com. ..» St. Louis Bank Bldg Equlpt Assoc Breweries...:. 100 2k 27k a 26 North American Co com 10 Canadian Bronze pref. .100 A.* 25 480 Feb 13 8k M J AM AM Cons— . 5 13k * * 13 Fell 53 183 I Lew Jan 5k Hobbs Battery cl A 17 5 Canada Cement......... Par1 Price 13k Jan Jan compiled of Prices Feb 13k £ Montreal Slock Week's Range Jau 17 k a66k a67% Sale 8 5 7 Jan 50 Last Feb .* Honokaa Sugar Co 20 Idaho Mary Mines Corp.l Kenn Copper Corp com. .* Jan al7k «17k a3% a4X a39% a40k 4% 4% a24% a.24% a37% a 38 k alOH a 10k Feb Jan Jan 7 k Feb k 2% 305 fl2k 35k Jan Jan 6k 9% Jan 10k Jan 8 5k 29 k 3lc Consolidated Oil Corp.. 9 425 Jan 36 k Curtl8s-Wright Corp 1 Dominguez Oil Co .* General Electric Co—...* 21 Jun 165 Jan Jan 1.25 1,534 Jan Feb 340 35c 17 i6k 20 1st preferred 3k 32 31 32 ..* com 100 140 35k 35k a34k «36k 16 k Feb 9k 18k 6k 1.35 3 32c Blair A Co Inc capital—1 Jan 10 % Feb 35k 1.35 Feb 15k 12k 25 8k Fjiday 125 5k Friuay I 25 13 k 3k com..* National Candy com... 3 1.35 Cities Service Co com... 10 High 145 53 inclusive, 250 5% CANADIAN MARKETS both 20 Ok 21 13 k j. Midw Piping & Sply com.* 9X Argonaut Mlntng Co..... 5 Bunker Hill A Sullivan.2k Low Griesedieck-West Brew- Jan 2k 9k Falstaff Brew Jan »16 16 9k Hydr Pressed Brick pf. 100 Jan 172 lists 198 : Bendix Aviation Corp...5 High Shares 15k Hussmann-Ligonier com. * Feb Jan sales Range Since Jan. 1 13k 14X Emerson Electric com...4 8 official Week Low * Ely & Walker D Gds com25 3 85 k 27 k from Sales E Ider M fg common a25k 205 compiled Week's Range 1 a27k a34% 20 Min..50 Anglo Nat Corp A com... Cons Edison Co of N Y—* Jan 8 "27 k" Anaconda Copper Jan 21 65 8 Price 53 a28k 53 Par Stocks— 100 a8 inclusive, Last Jan k 9k 8k both 6, Sale 12 k Socony-Vacuum Oil Co.U Southern Ry Co.......—1 Standard Brands Inc.... -« Standard Oil Co (N J). .25 Studebaker Corp 1 Swift & Co 25 Feb. 9 9X — to 3] Friday "22 *k" Exchange Atch Top A Santa Fe—100 Jan. 75 a38X a38% X % 3k 3X a22X a22% aVA 39 St. Louis Stock 127k 127k 27k 27k 3k 3k Amer Tel A Tel Co—100 Jan 80 a36 aUX Radio Corp'of America. - - * Republic eteel Corp ,* Seaboard Oil Co of Del-—* Sears Roebuck & Co * Bulo'o 469 Feb 66 Building Products A 2.50 3k a23k a24 9X 9X a2% a2% a 17 al7<X a 12% a 12% Bell Telephone Jan 2.20 2.20 1.35 Pennsylvania RR Co — -50 Rrnsillan "FLAP Jan 88 2S0 105 Bathurst Pow A Paper Jan Ilk Jan 1.202 14k al5k Agnew-8urpas8 Shoe 3 k Jau 85 3k a Stocks— 3k 10k Feb 948 1.40 Paramount Pictures Inc.-l 6, 610 245 1 25k .....* Feb. 3k Uk 86 3k 8 to 3k Ilk 85k 1.35 50 Ohio Oil Co 31 Preferred.... El Dorado Oil Works 116 * Jan 3k 5 10 27 k Montg Ward A Co Inc...* N Y central RR Co.....* North Amer Aviation Inc. 1 North American Co * Jan. 10 ...100 . 2k 19 k com.* 27 k Corp..* (The) Jan 434 Preferred.....* 25k Graham-Paige M otorsCrpl Iut'I Nickel Co of Canada * lnt'l Tel A Tel Corp -» Texas Corp *v23k "86"" 22 3k 3k 23 k * Jan * Pure Oil Co— Feb -21k * 19 * loew's Iuc... Jan 21k 21k Pacific Coast Aggregates.5 19 Corp....* Hennecott Copper 2.00 Oliver t td Filters cl B - viation Corp.—6 — 51 Jan 10 1.65 O'Connor M offatt cl A A. 5k a40k a40k 24k Borg-Warner Corp 5 Caterpi 1 a* Tractor Co... * Comnwlth & Bouthn Corp* Continental Motors Corp. 1 Continental Oil Co (Del).5 Class A Jan Jan 50 k 1.55 Jan 405 51 1.60 Jan 4 cl3 5 General Electric Co. Jan Jan 5 General Foods Corp 16 Jan Feb «21c Corp* Curtiss-Wright Corp 1 — ...* Common Jan Jan Jan 264 Ilk 17 k 6k Di Giorgio Fruit Corp- Jan k — Preferred.. f 3,400 103 k Feb 333 51 16 k Crown Zell'bach Corp com5 Jan Feb k Jan 10 k 5 19k 8k TopekaA Santa FeRy.. -100 Aviation Corp (The) (Del) 3 / Common.... Jan 3k Jan 98 170 12 k AnacondaCopperMlnCoSO Bethlehem StefI 947 10k 17 Creameries of Amer Inc— Feb Atchison Bendix 7 102 10k 16k 25 - ------ Ret Co.* Barnsdall Oil Co 7 102 10k Jan Unlisted Stocks— Baldwin locom Wks v t Jan k 7k 4k 1 Preferred Feb 4 4k 25 Westmoreland Inc 2k Jan Emporium Capwellcom. Preferred (ww) 50 25 United Gas Improve Jan 4 Cent Eureka Min Co com 1 Ilk 12k 127 k 129 3k 2k 7 ■' 6k 47 k 48k k k 17 k 17k 31k 32 k 32 k 33k 114k 114k — — •2 Calif Packing Corp pref.50 Shares High 200 1,200 Jan Consoll- — Range Since Jan. 1 Jan 2k 4. • Bank of California N A.80 Byron Jackson Co....... Calif Cotton Mills com. 100 1.85 4 Atlas Imp. Diesel Eagine.5 lists High Jan 2k Assoc Ins Fund Inc..:.. 10 sales Low 1.50 5,000 Jan ....1 Armour & Co (111)—; 2k 1.85 6k a5k 4 Tel Co.... 100 Low for 1.80 Range Since Jan. 1 for Week Shares 3k f dated Mining Co-.i. 10c Amer Smelting A official lists 27 k A..:.* Amer Rad A f td Sanl from of Prices High Low 1.80 Alaska-Juneau Gold Min 10 sales 19k Mining Stocks- Amer Tel A Price official 272 320 30 k f Par Stocks- from Sales Sale 76 IFee/t's Range of Prices -1 * — United Corp com Jan 37 k Mammoth Jan compiled Week's Range 5,116 30k Black — 7 referred— Jan 7 . 1.30 5k 37 k prefA25 Southern Pacific Co * Standard Oil Co of Calif--* Sunrt.y Oil Corp. --1 Transatneriea Corp 2 Trana-on A Western Air. .5 Union Oil of California.-25 Vultce Aireralt Inc 1 5k Last; 19k 30k So Calif Gas Co6% Jan 10 inclusive, Friday 12 37 k -* .25 6% preferred B — ...25 5 X°l preferred C 25 6k both 6, 5k 10k Pacific L'ghting Signal Oil A Gas Co 23 Jan 7 Jan 33c 4,000 5e Faiifi; Indemnity Solar Aircraft Co 55 k Feb. 19 k Pacific Finance Corp com Pa"ific Gas A Elec Fontag Drug Stores So Calif Edison Co Ltd. Feb Sales ""4 k 50 preferred— k * Tonopah Mining.. Feb 7k 4,980 1.80 5e Feb 2d Transit Invest Corp : Fell k 28c 22 50c 70 200 7k 7 7k 28c Los Angeles 1,120 7k 33 Reading RR : 50 1st preferred. ——50 350 7k Ryan Aeronautical Co— 1 Fate way 8 Stores Inc. * Security Co Units of Ben Int Jan leb 5k Jan 32 Feb 385 Feb 5k Jan k 400 50c ......1 Lincoln Petroleum Co.. 10c Lockheed Aircraft Corp.. 1 Co... 10 Corp com * Pacific Western Oil Corp 10 Bice Ranch Oil Co......1 Richfield Oil Corp com.—* Jan 380 Jan 5k a3k Holly Deve'opment Co...l Hudson Motor Car Co..-* Lane-Wells Co 5H%l8tpref 46 318 5k 33k 7k 52 k to Jan Jan V 2k General V otors........ 10 al2k al2k 33k Goodyear Tire & Rubr Co * 6% 1st 475 k 380 5k ------ Gladding McBean & Co..* Pacific Clay 5 Jan 64 - 16 k 3k Lehigh Coal A Nav * Lehigh Valley...... -50 National Power & Light—* Pennroad Corp vtc 1 Pennsylvania RR50 Penna Salt Mfg— 50 Phila Eiec of Pa 66 pref... * Pi.llaElec Co $4.40 prt 100 19 111 - preferred.— 18k 60 (i 48k Flectric Storage Battery 100 100 04 - Douglas Aircraft Co..... Farmers A Merchants Na¬ tional Bank. 100 FiUsimmons Stores Ltd.-l General M otors Corp com 10 Frier 7 —* 165 JO'* a47k a49k ---- Jan 2.00 5 1.80 1 Chrysler Corp 5 Consolidated Oil Corp...* Jan "3 X * 400 18k Ilk 18k 11 Cessna Aircraft Co..----l 100 Chrysler Corp... Curtis Pub Co com High Bandini Petro eum Co.. 1 Tel G) Mfg Co—.* Budd Wheel Co— Aircraft Accessories Inc 50c - Jan 31 Commonwealth Edison. .25 Sales Last Stocks- 16 k lists sales A merican Qtores ■ Jan. Philadelphia Stock Exchange ' Friday San Francisco Stock Exchange High Aircraft Accessories..—50c Angeles Stock Exchange Feb. ■Low-" 60 Friday Los Range Since Jan. 1 , Shares Jan 300 TJS Steel Corp.... 5 High Jan 2k Walker & Co B.._ Low United A lr Lines Transp. 200 3 3 .* Price IVt Feb 31 Week Jan 712 1.00 3 United Shirt Dist com...* 1% for ofFrices 2X Jan Jan Jrn IX 0 355 31 03c _.___1 2k Par Stocks- High Low Shares High Week's Range Sale for Sale Sales Last Range Since Jan. 1 Last . - 124 114k 114k 16k 16k 3k 3k 3k 3k 6 6k 38k 39 110 4 k. Jan • 5 Jan Dominion Bridge....—.* Jan 103 Jan Dominion Coal pref....25 Jan 5 Jan Dominion Glass pref... 100 659 4k 6k Feb 28k Jan Jan Jan Dominion Steel A Coal B 25 558 6k : 29k 23 k 206 5 31 145 101 105 Feb Jan 105 4 Feb Dominion Tar A Chem..* 4 4 10 23 H Jan Feb Preferred .....100 Dominion Textile.. 123 Jan Jan Jan 114k Feb 114 k Feb Dryden Paper. Kle^trolux Corp......... 1 Fam Plavers C Corp. * 2,005 3k 3k 5k Jan Jan. Jan Jan 15 3k 3k 6k Jan Gatineau k Jan Jan 201 38k Jan 39 Jan 23 23 2 22 k Jan 26 k Jan 97 97 20 95 Jan 95 Jan 5% preferred. * -.100 General Steel Wares.....* 85k 80 5k 5 3 19k k 19k 15 5k 15 5k 71 5k 71 6 15k 6k k Jan 7 Jan 4k Feb i Jan 4 Jan 8k 155 85 k Feb 85k 79 k Jan Jan 82 5k 4k Jan 4 17 Jan 10 118 15 Jan 20 72 1,400 125 Jan Jan Feb 150 20 Jan: 150 20 85 k 80 3 5k Foundation Co of Can...* Jan 85 80 23 H Jan 4 26 k 125 k 15 Jan 25 Jan 25 15 150 4k Feb 600 10 Dominion Stores Ltd.... * 25 280 265 Jan 315 22 10 15k 150 23 6k 305 10 5k 15k 150 287 6k 4k 205 5k 15k 23 k 5k 5k Feb Jan 6 Jan: k i»k 16 Jan; Feb Jan Jan 6 Jan Jan ,72k Jan Jan 6k 91 91 120 89 Jan 3 3 190 3 Jau 3k J ah Feb 10k Jan ... 9.50 9.63 815 9.50 92 1 - 1 Jan: 100 Gypsum Lltne A Alabas..* Hollinger Gold Mines 5 Preferred. ■ Jan . ^Number 4044 155 Volume THE COMMERCIAL & FINANCIAL CHRONICLE - CANADIAN MARKETS for of Price* Low Price Toronto Stock High Low Sabres High ' Jan. Stocks (0"C vd"d) Par * Foward Pmilh "auer Hudson Bay Mining 12 12 140 12 Jan 14 27k 225 26 k Jan : 28 31 to Feb. 6, both Jan 27k * Jan inclusive, Ilk 817 8k Jan 1,040 Ilk Jan 12k 50 Ilk Feb 12 Jan 725 34 Jan 36 Jan 75 12 Jan 13k Jan 34 H 35 Inter Pete Co T td—.. —* 12k 12k Int^rnat'l Power pref.. 100 87 3 0 * 6 Lindsay (C W) Mont Cotton" Montreal Telegraph._ _ Jan 90 Jan 10 Jan 10k Jan 125 1.75 115 nref.__.100 Mont LHA Power Cons.* 85 25 6<: 1.55 M awey-Harris 25 9. 88 , Jan 2.00 115 Jau 115 5 Jan Jan Jan 23 k 3,104 ; 21k 22k 24 k 16 .40 Mont Tramways._____ 100 Feb 1.55 225 115 21k 24k 21k 6 Jan 5k Feb 24 k Jan 24 k Jan 10 Jan 16 k Jan 16 31 5 Par Stocks— Week's Range lists Low Range Since Jan. 1 for High 00c * Acme Gas 7c A lax O A G.j.—....... 1 60c 110 50c Jan 60c 6 k 150 5 k Jan 7 Jan Jan Jan 10c Jan 12c Jan 1,700 6kc 12c 500 10 kc 12c 25 Alberta Pac Grain pref. 100 13c Aldermac 25 49c 2.25 2.25 2,25 1 Ang'o Hur 7kc 7kc lkc 1.20 • Arntfleld - Ashley.. ——..•— 1 ... —— 1 1.35 Bank! ield. -v i '»£. —.—-1 5c — Jan 8 Jan 16 kc 9 47c 500 * * 27 Jan Feb 55o Feb 12c 21700 9 47c 49c 22 25 13c 13kc 9 AlgomaSteel Anglo-Canadian Aunor— 7 kc 3,545 Jan Jan Jan 2.65 Jan 228 2.25 9c 8.000 7kc Feb 9c 2 600 Ike Feb lkc Feb 1.30 2,353 1.20 Feb 1.47 Jan 5ke 6,600 3kc Jan 5kc Jan ' 24 k 48 k Noranda Mines Ltd.—* Omlvle Flour Mills » 39k Jan 33 Jan 34 Jan 47k 05 ,515 Jan Jan 52 Jan 20k Iff' 22 Jan 16 Feb 176 21 Jan 25 20k 16 16 Feb 4 Jan 5 Jan 3k Iff • Jan * 210 3k 10k 3k 10k 125 100 10 Jan 11 Jan Ilk Hk 183 Ilk Jan 13 Jan 3k Ottawa L H A P Price Bros A Co Ltd 3 k * Quebec Power 3k 5 3k Jan * 10k Knitting St. Lawrence Corp 17 94 Jan 94 105 Jan 1.60 1.60 1.60 1,250 14k * 50 preferred Jan Jan 15 105 105 105 Sagcenay Power pref.. 100 14 14k 330 ; Jan 2.00 Jan Jan 1.60 14 Jan 15k Jan Jan St Lawrence Flour Mil's. .* 22 22 30 22 Jan 22 40 41 73 40 Jan 43 m Sherwin Wllllnms of Can.* 13 Slmrro'S preferred 13k 13 75 V •; 9 Jan 14 Jan 13 Feb 13 k Jan 25 75k Jan 75k Jan 9 Jan 9k Jau 135 v 9k 63 63 64 61 Jan 63 Jan 25 Preferred 68 68k 20 68 k Jan 68 k Jan United Steel Corp 3k VImi Biscuit.-- 3k Wabasso Cotton 3k 3k 1.00 * Zellers—— Ilk 1 referred.. ....25 25 39 39 Winnipeg Electric A Feb 3k Teh 3 39 Feb 40 1.00 Jan wfx 24k 16 1.00 25 11" 24k 200 11/ 24 k Bank of Toronto—... 100 k Feb 1.10 Jan Jan Jan Ilk Jan Feb 25 Jan H-inks— 100 Montreal.. 100 10 151 Jan 153 Feb 16 153 187 Jan 189 Jan 152 152 51 270 Jan 153 k 135 151 Jan Nova Scotia 100 274* 188 k 188 k 274 274 Roval 100 153 153 274 1 Feb 153k Jan 31 to Feb. both 6, inclusive, compiled 3,000 7kc Jan 9ko 6kc 17,700 iQ Jan 6kc Beattie Gold BidgoodK -1 — .... —- 149 8kc 1 Veek's ImH Sale Par Stocks- Pange Low ir Hi 4,100 85c Feb 320 148k 8kc Feb 85c 8kc 8ko 6% cum pref ....100 Aluminium Ltd......:. Beauharnois Power Corp.* 490 6k 9 101 High > 50 7 Jan 95 3 Feb 7 k 3 15 30 Feb 32 k 8 :'»i 8 30 8 * Bobjo 1 8kc 1 * 27c 20c 8.25 8.00 7k 7k 5 Bouetal f Brazil Traction * * British Dominion Oil Brew & Dlst of Vancouver 5 Can Packers '65c Jan 85 Jan 7 Jan 100 Jan 109 Jau Buffalo Ankerlte " 542 9k Jan * Can Crush Stone.—.... CndnBank or CommercelOO Jan 5 Jan Feb 18 Jan 20 k 22 Jan 59,750 16 Jan 26 Feb 52c 54c 9k Canadian Can A — 12 100 101k 101k 46 46 37 37 k 86 120 85 Jan 87 Jan 17 120 Jan 126 Jan 6k 105 6k Jan k Jan 29 k 172 28 k Jan 29 k Jan 53 55 130 52 k Jan 57 Jan 21k 1.00 1.15 1.5 • 1.20 28 k 19k 19k 9 25 k Jan 22 k Jan 1.00 Jan 1.50 Jan 85 114 k Jan 1.00 Jan 1.20 Feb 28 Jan 30 k Jan 19k Feb 22 Jan 127 25 770 5k 35 105 85 7 Feb 9k Feb 5k 154 Jan Jan 6 Jan 22 Jan 24 Feb 25k Jan 26k Jan Jan 125 124 45 120 Jan 12k 13 60 12 Jan 14k Jan 3kc 3kc 510 3c Jan 3kC Jan 45c 45c 1,300 45c Jan 46c Jan 5k 6k 1,264 5k Jan 6k Ike 9 9 15 Jan 10 Jan 10 1.45 1.05 1.55 700 1.45 Feb 1.72 Jan 1.04 1.11 7,250 1.04 Feb 1.30 Jan L24 1.20 54c 51c Jan 10 kc Jan 3k Jan 3k 500 10c 12c Jan 1.24 1,200 1.20 Feb 1.50 Jan 56c 4,700 51c Jan 58c Jan 10kc lOkc 50 Commonwealth Petroleum* 85 15 87 Jan 87 Jan 5 Feb _.—.-»* Consolidated Smelting— .5 Consumers Gas 100 Cons Baks Jan 30c Feb 10 10 100 10 Feb 10k Jan 38 k 38 k 39 218 38 Jan 39 Jan 30 126 Jan 132 5k 30c Crow's Nest Coal * 1 * 100 6 400 30c 400 130 5k 26c Jan Jan 19k 19k 10 19 k Feb 21k Jan 31 100 Davies Petroleum 30c 130 ——* Cosmos Jan 6 Jan 10 * Cockshutt now.... Jan 31 70 31 Jan '33 Jan 11 82k Jan 85 Feb 15 85 83 106 k Jan 108 Jan Dome M Ines. . i. .... - Jan Dominion Bank Jan 31 Jan Jan . . Dominion SteelclB 1.20 Canadian Industries B...* 160 160 28 1.15 Jan 159 Jan 3 23 3 15 3 23 50 21 6 20 6k 5k ^ 6k 6k 50 3 3k 1,392 50c 3 Cub Alrcralt Corp Ltd...' Jan 3 Jan Jan Du<iuesne Jan 6 Commercli 1 Alcohol pre.'. 5 161 Jan . 50c 109 23 k 6 3k 3k 16k 12k 3k 16k Fraser Cos vot trust 13k — J^n 3 Jan 3k Jan Eastern Malartic 50c Jan 50c Jan Eluorado Feb East Crest 3k 3k 267 3k Jan 4 Jan 188 3k Jan 3k Jan 15k Jan 16k Jan Fanny Farmer Federal Kirkland 13k 413 12 Jan 13k Feb Fernland 25c 20 25c Jan 25c Jan 2k 20 2k Feb 2k Feb 1.50 25 1.05 Jan 1.50 10c ?0c 100 35c 50 Int Utilities Corp A......* Lake Sulphite Pxlp Co— 35c 75 3 Jan 3 Jan 10c Jan 10c Jan 30 53 52 6 35c Feb 15k Jan Jan 15 Feb Feb 35c 1,072 16 15 15 54 Jau Jan 6 Jan Massey-Hurrls Co. Ltd— 53 ' i * . 5k 13 12 Mtl Ref & «-.tor S3 cum pf_* 53 5k 6k 12k 1(H) 85 12k ^ 10 100 20 * Ilk Ilk 100 Jan — ; 8 32 Jan Provincial Transport Co..* 6 6 ; 10 6 Quebec Tel A Pow Corp A * 4 4 20 4 Jan ■'' 19 19 325 19 101 102 k 1 7 1 44k 19k 25 44k 19k Jan 25 85 k 7 Jan 87k Jan 40 Jan 7 k Feb 2.000 7c Jan 10c Jan Jan 4c Jan Feb 2.30 Jan 49kc Jan * 1 3.50 - Preferred Grandoio Great Lakes vot trust - 110 •: 60 Jan Great West Saddlery Jan Guunar — 19k 1,100 13c 13c Jan 1.00 Jan H am ilton Bridge— 50 k Jan Hrd Carpet Feb Hard Rock * 1 5k 5 5 3kc 15c 3kc 13 3kc 2 000 Feb 5 3kc Jan Jan 14c 15c 3,300 12kc Jan 20c Jan 9kc 9kc 1,500 -9c Jan 9 kc 5kc 2 000 — 4kc Jan 2kc Jan Feb 4kc Jan 8 k.o 45 Jan 26 Jan 9 Jan Nat Steel Car. * 33 34 k Nay bob 1 —.1 Negus. New Golden Rose Niplssing 48 k International Nickel 100 2.60 Feb Jan .1 Jack Waite-- 600 1.27 Jau 1.31 Jan 100 85c Jan '87c Feb 48c 1,000 48c Jan 50c Jan lkc 4,000 lc Jan lkc Feb 90c 99c 730 90c Feb 1.04 48 k 352 4,800 47 k 82c Jan 87c 48 Jan 52 Jan Jan Jan Jan 89c Jan 2,075 79c Feb 90c Jan 35c 40c 300 35c Jan 38c Jan 7c 8kc 29,800 7c Feb 10c Jan PacaltaOlls ..* 3kc 3kc Jan Page-Hcrsey __* Partanen-M alartic 79c Paymaster.. 1 Perron "l5c Pioneer 15c 16c 1 Jan '2c Jan 15ko Feb 16c Feb 125 2.25 .7,500 2,600 1.30 2.27 1.90 2.25 Jan 103 k Feb Jan 99 165 lkc 1.27 Pickle-Cro wi. 3k 0 Jan lc 2kc 3,000 3kc 100 lc .100 . „—. 80c 99 1 590 Jan 2.35 Jan 1.90 650 1.90 Jail 2.20 Jan 60c Feb 75o 3 Jan 4 k Jan 50c Jan 57c Jan 4 Jan 4 65c 60c 60c 2,900 3k 3k 3k 90 57c i 200 4 k 4k 5 2.85 2.99 13,350 2.85 32c 717 16c — * 32c — 17c 3,300 2kc 2kc 2,500 Premier Pressed Metals ...1 Preston East Dome...—.1 2.92 Queenston. Reno Gold. .. RocheLL—— 1 2kc Jan k Jan Feb 3.20 Jan 27kc 6 153 k 153 k Royal Bank of Canada. 100 Jan 2.2$ 57c — 135 4,070 , 1 Powell-Rouyn Power Corp. Jan 39c Jan 12c Jan 2kc Jan k 151 Jan 17o. Feb 2kc Jan Jan 155 19k Jan Royal Ite Oil * 18k 18k 28 18k Jan St Anthony... 1 3c 3kc 2,500 3c Jan 4c 3,954 -1,000 1.75 Jan 2.05 Jan 10c Jan 17c Jan 75 13 k 86c Feb San Antonio 1 1.75 1.80 Senator Rouyn 1 12c 12c Shawlnlgan Wat A Pow..* 13 k 87c 1.76 SherrlttHGordon 87c Simpsons B * Preferred 100 * Standard Chemicals * 46c 160 160 77 105 3 kc Jan 45c Jan 49c Jan 25c Feb 33c Jan 3kC 4kc 22,400 3kc Feb 7c Jan 4c 4,500 2k« 9k Jan Jan 11 Jan 17 Jan 20 Jan 288 61k Jan 63 k Jan ,25 68 Feb 70k 17k 63 68 68 11 62 25 68 7 25 4 kc Jan * * * 1.74 Jan 1.45 1.72 1.79 5,fio0 1.72 Jan 1.96 Jan lkc * Sudbury Basin. 89 k 1,650 3,400 11 * Preferred Jan 75 Jan Feb 160 26c 17k Steep Rock Feb Jan 97c 45kC 45kc 25c " S ted man Straw Lake Jan 14 Jan 3kc 1 South End Petroleum 2,127 87c 76 77 1 Slave Lake 14 160 160 1 Slatlen-M alartic lkc 1,000 lc Jan lkc Jan 1.45 1.53 400 1.35 Jan 1.56 Jan Jan 1 56c 57c Jati 61c 1.68 1.85 3,695 2,900 55c 1.85 1.68 Feb 1.98 Jan Ilk —^ 57c 1 Sullivan Consol Sylvanite Ilk 170 10k Jan Ilk Jan 2.10 2.25 4,285 2.10 Feb — Teck-Hughes 2.25 Tip Top Tailors * Toburn 1 7 7 1.10 Toronto General Trust. 100 55 8 - 1.05 1.02 75 23 70 2.34 Jan Feb 8k Jan Feb 7 1.02 12,980 1.08 Jan Jan Feb 76 Transcontln'tal Resources* 40c 76 42c 500 40c Feb 50c Jan Twin City 2k 3k 215 lk Jan 3 k Feb Jan 10k Jan Feb 36 * _* Union Gas 9k 9 9k 1,515 10 k 50 35 35 —.50 United Fuel cl A. 35 Jan 4c Jan 4c 4c 1,100 4c Jail 3k 3k 450 3k Feb 1.01 1.06 12,300 1.01 Feb 1.24 Jan 3.30 3.30 105 3.30 Feb 3.70 Jan 8,kc 10kc 24,500 5k C Jan lie Feb 4.40 4.45 1,000 4.40 Jan 4.80 Jan 44 44 44 19k 19k 10k 20 * United Oils. —— Upper Canada 1.03 1 Ventures * 1 10kc :.* 4.45 Vermllata ......* Preferred. ........ ._„.* 4 Jan 45 43k Jan 50 k Jan 200 , 19k Feb 21 Jan 100 10k Jan Ilk Jan Wood Cadillac 1 500 3kc Feb 3kc Feb 2.65 3kc 2.51 3kc * 2.65 3,970 2.51 Feb 2.90 Jan —* 3kc 4k 3kC 4k 3kc 1,000 3c Jan 3kc 300 46c Jan 49c Jan J M Cons Sullivan Cons Mines 57c 3,400 57c Feb 600 2.55 Feb ■2.68 Jan 2k 50 Feb Jan 2k Yinir Yankee 16 4 kC Jan 4 kC Jan 10 '4 c 300 10c Feb 130 Jan 3k 320 3 Feb 3k Jan 4ke 10c 10c 2.65 1,550 2.50 Jan 2.70 Feb Lake Shore 15,500 2c Jan 4 Feb LamaqueG 3k 18 18c 27k 1,000 2kc Jan 3c 35 35 35 101k $1,100 500 101k 101k 100 99 99 Toronto Stock kc 3k 3k 5,000 kc Feb kc 3k to Feb. 6, 27 8 k UK Ilk 27c 2.70 5c 18 130 Jan 12 11k Jan 10,153 9.25 Feb 10.50 Jan 7,615 48,000 2.51 Jan 2.70 Feb 2kc Feb 5c I compiled Jan 18 Feb 19c 5.300 18c 27k 340 26 k 8k 12 27c 1 200 • 20c Jan Last Sale Par Stocks— Price IFeeft's Range 28k Jan * 5 Canadian Vinegars * 7 Canadian Marconi— 1 55c Jan 204 Coast Copper... Feb 99 k Jau Jan 8k Jan 9k Jan 455 Ilk Feb 12 k Jan 1,000 27c Feb 30c Jan Jan 95 5 95 Feb 99 34 k 35 1,339 34 Jan 3«k 1,178 Jan 13k Feb 16c 16c 12k 16c 500 15c Jan 20c Jan Jan 29 kc for Week 29c 2kc kc 2,400 500 2kc Feb 2kc kc Feb kc Foothills 85c —— 24 kc Mandy Montreal lower 3.80 3.85 58c 14,660 2,700 3.75 10k 4.00 Feb 20 7 Feb 7k Jan 55c 125 55c Feb 60c Jan 1 300 1" Jan 1.10 Feb 7 . Jan 3 393 2 10 65 Feb 65 Feb 23k 82k 120 22k Jan 80c 85c 2.000 24kc 24kc 1,000 22k 3c 1.50 k 3k Jan 23 k Feb Jan 82 k Feb 75c Jan 85c Jan 15 *22 k Feb 23 k Jan 3c 1,000 lkc Jan 3c 1.58 453 1.50 Feb 10 50 20 20 - ♦No par value, a Odd lot sales, 82 20 3.70 65c 4.35 Jan Feb 62c Feb Jan ■ 2,225 1,445 9.75 Feb 12 Jan 3.75 Feb 4.15 Jan A Investment Co, mon b Et-stocfc dividend, d Deferred delivery, listed trading privileges, 1 9.75 5 65 3c Oil Selections.—... Feb 4.00 High Feb 3 Feb 1,000 10.00 Low 5 Feb 1.75 20 Jan Jan Feb Jan - '26c 27kc Range Since Jan. 1 22k 65 Dominion Bridge Dominion Textile....— Sup'test com official sales lists 23k 82k .100 Pend Oreil.e 2kc kc 29c Jan 335 Jan 12 12k 40 65 2k Con Paper— Jan from Shares 5 1 ...5 Corr Box pref. 3,196 of Prices High Low Canadian Bud Brew Jan 95 12 k 99 Sales FridayI Feb 16 13 95 3.85 * 101k Jan Feb 35 101 k Exchange-Curb Section inclusive, both Feb 40 31 Jan 200 k 200k ...1 - Feb Feb Bond 8— Uchl Jan. Klrkland Lake. 4kc Jan k Feb 4k 324 4k Jan 12 4kc 154 Oils- * * York Knit 4 Jan Jan 4kc 3 4C lk 1,000 15 16 —....1 Kerr-Addison.. Homestead Oil A Gas....1 10k Feb 2k 16 Jan 100 ......* Westons 4c 4c 4c 4c 56c Je.llcoe 46c 1 Jason Mines. 88c kc 23c 7kc War Loan 2d. 34 k International I etroleutn.. * 1.27 - Jan 1 Ontario Nickel Jan Jan 3.00 ISc 85c O'Brien Gold........... 1 OkaltaOils. .* 49k 25 Jan 2.60 9,100 lc 90c _.* Feb 9 65 Jau Feb 19c 48c 5 Normetal 47 12 2.22 10c Jan Jan 18c Noranda 105 12 Ilk 90c 32 k ...1 .....: 47 9.25 Jan ' 8 k 65 9 Jan Feb Feb 25 33 k 9 War Loan 1st. 12 46c Feb 4 kc Jan Jan 9.25 88c Home Oil Co Ltd lkc 1.000 Feb Jan 20c 1.80 Feb 2.55 8,500 25 k Feb * 1.27 2.55 2c 4kc 43 k 5c 5 1 Wr.ght Hargreaves Mines lkc 4kc 25 3kC Jan 11 lOo Jan 1 130 60 18c Imperial Bank —.100 Imperial Oil * Imperial Tobacco ord 5 Inspiration 1 Int Met pref —..100 75c Feb 1.04 25k Jan Feb 1,200 45 k Feb 44k Feb 2,000 * 1,516 Feb 85c 25k 2kc 18c 19 kc Hudson Bay 10c 39k 44k 45 18c Jan 2.60 .1 88c __* 55 * 45o 75c 967 3,200 40 k 85c Moore Corp 6,000 Jan Feb 10c Jan National Grocers pref...20 Nat Sew A * 3c Hollltger Slscoe Gold Mines Ltd.._l Sherrltt-Gordon Mines 39 k 1 Jan 39c ' 40k 5 Jan 300 75c 95 Jan 45 k 5c 2ko 55c 40c 65 Jan Jan 47 * 1 3,600 $9 80 Jan ' 2kc 3k Honey Dew 10 k 1.88 Jan Feb 45 5kc 3k Howey 1.80 12k Jan Jan Jan 10k Feb Jan 6 3kc Feb Jan Feb Malartlc Goldfields Ilk 10c Feb Jan 2.24 Lake Shore Mines Ltd... 1 Jan 235 11k 27c 17 42 kc 48c 17k Jan 3 k 1.40 Jan 3 Jan 5c 56 k Jan Jan Jan 2,600 Feb Feb Jan 2 k 3 Jan 32c 50c 2.00 2kC 2 k 50 k 94 _.... Jan Feb 30 185 92 IOO Jan Feb Feb 15 k 34c 48c 15k ■; 2,773 lk C 4k 24c 75 17 3k 225 2kc 345 2k 1.21 2,100 17 48c 3)8 Jan Jan 53 ' iik 92 k Walkers 3k 2.00 Feb lk lk 53 4 8kc Feb * * 17 k lc 100 2,000 1,745 3,550 Feb -1 2.00 3.70 Feb 49 4k k 26c 2kc 17 50 * * 17 3kc 2,kc 2kc 4 9c 1.25 16 k 3kc Jan Feb 1.24 Jan 4kc Feb 5 k 25 kc Feb 1 Feb Feb 1.25 15 16k Homestead lc 4 k -5k 25kc lkc 16 k Jan 3:70 Jan Feb 1 832 lkc 16k 5c 2kc Jan 6 * 9,500 2kc Jau 500 2.22 Feb 4k 20 Walte-Amulet 5c 1,000 Jan 51 kc * Jan 4,000 4,000 1.68 Jan 6 11 • 2 k ... Jan 5c lc Jan Feb Jan Jan kc 3c Jan 132 6 2kc 4k 100 Moneta 22 1 3.70 2.85 Mining Corp. 3.60 5c 2kc 6 Feb 1.50 Jan McWatters........ 2kc Central Cadillac Gold M.l lc 39c 1.76 Jan Jan 1 Jan 2k 3c 9,065 13,000 36,110 _.„..* ..mJ Jan 2k 3.70 1.59 ......* McLellan..■ Jan 2.53 " 1.55 * McVlttle lkc 2.67 390 1.60 1.35 26 k 23 k % M cKenzIe-Red Lake 3.00 1 Jan 2.40 10 Mclnty re-Porcupine 16k Halcrow-Swazey.... 16kc 5,290 * McColl preferred. 195 Jan 100 k Jan 2.60 44c new. 350 19 19k 2.40 1.92 ... 1.000 3.50 2ke 2kc __—.—* Jan Feb 21k 39c —,.— New Jan Halllwe.l Jan 1.00 44 90 1.76 Massey-Harrls 18k 3.30 "'-4 Jan 100 22 * 2kc * Jan 6■ 21k 43c Preferred. 18 — Jan 33 Feq Feb Jan 38c * Perron Gold Mines Lt(l—1 4k 1.97 Home Oil Pato Cons Gold Dredging. 1 25 2kC Feb 75c Jan Jan 1.30 Feb 1,500 lc McWatiers Golu M Ltd..* 7 4 k 7,500 Jan 1 Jan 3,500 kc 2kc Feb 6k 3c 500 lc 17 k 42c lc ..... Jan 120 215 2.08 lc Joliet-Quebec Mines Ltd.l 19 Jau 3c Cartler-Malartic Gold M.l "*39c 188 Jan Jan 40c Hinde A Dauch 13c 17k 17 k 191 1.97 * 1 God's Lake * Goldale— 1 Gold Eagle.— —1 Golden Gate 1 Goodyear Tire A Rubber.* Feb Mines— East Malartlc Mines Ltd.l 4kc Jan Jan 41c Gillies Lake High wood Aldermac Copper Corp...* Feb 15 2.00 General Steel Wares Gypsum " 19k 7k f 7k 7VhCJ7'AC 32c Feb Jan 101 17k 6k 4k 85 k 3kc 45c Wriglit-Hargreaves B Voting trust pref 33 •_* 85k Francoeur 12k 101 33 Walker-O'ham A Worts H * 6k 4k 1 1 ..1 * * 13 Jan Feb part 2d pref. .50 Rcyalite... "6 k 15kc Feb 25c 1 190 3,100 1,500 1 1 Faltonbridge 45 135 2k (Car.) Ltd A...* 190 15 * - 16k 1.50 Preferred i.1,077 Jan 1.80 Maple Leaf Milling United Steel P'ordclA. Hlllcrest Co 1 17 Jan Jan k 6k ' "*3k Ford Motor Co of Can A.* 17c 3kc 16k 17k 25 Dominion Stores * Dominion Tar pref 100 Dominion Woollens pref.20 Jan 23 * 1.20 16c 3ke 17c - - Dominion Foundry 12 . 17 kc Jan 40c 1.25 Feb Jan 2,500 Feb 2,450 ] Steel Can Jan 20k 8k® 9ke 3k 10k 23 k Jan 124 — — e Jan O'Brien Gold Mines Ltd—1 21k 225 1.00 28 9 6 30 22 151k 154 152 1 Ciiestervll 12 Kirk land Gold Rand Ltd.l •: 29 k 25k CtemlcalRe eircn 28 Kerr Add...... Feb 3 3k 5 Eldorado Gold Mlues Ltd. 1 37 k 36 6k 3k 191 J-M Cons Go Id Mines Ltd 1 46 Jan 46 28 k * 1 1 1(H) Dome Mlues Ltd Feb 5 6k C G Wines 1.20 —* Jan 65 9kc 12 $1 cum preferred Jan Feb 125 9kc 28 k pflOb 4k 102 Jan 100 86 1 12 cum Jan 25k 1 28 Pwr6% Jan Jan 4k 24 * * 25 Denison Walkervllle Brewery 18c 15kc 112 1 .'.—.* Sou Can Jan 1,100 5k Central Patricia— Can Dredge A Dock Co.." 6% N ( Jan 1.20 Jan —1 Preferred...... Preferred 8k 40c 1.25 Jan 260 775 ..1 Feb Sc 8k 415 ' 10 k Jan 2 55 ;__j Preferred 2,000 High Feb 6c 24 22 M Leaf Gard. Low 10 k 30 23 k 24 ...... 300 ..100 Canadian Malartlc.. Jan 12 k Feb 23k * 2.75 Jan 1.11 18c 125 Jan 450 4k "86" Jan 1.11 * Jan 106 k 106 k "l~25 McL-Cock8hutt.. Madsen-Red Lake. Tamblyn 6% cum pref.......100 Canadian Breweries.. * Page-Hershey Tubes Power Cor».— 12 61c Jan Canada Wire A Cable 5% cum preferred 100 Melcners Distillers pref .10 Mitchell Robert Co * 2.60 100 » 25 Canadian Car Ltd MacLarcn Power & Paper * Feb 516 2.50 12 k 52c 11,300 4k .20 5k 17k Jan B 26 Feb 15kc -* B._ 81 Feb Int Paints 20 5 1.10 * ...—---* Jan 5 ...» Jan 4k _ Jan 19 Fleet Aircraft 8k 16k 46 * Canada Packers.... * Can Permanent Mtge.100 Canada Steamship Lines..* Preferred .....50 Canada WireclA— * Class B ——* Canadian Bakeries. ....* Feb 40 Donnacona Paper Co A.-* Jan 20 101k 5 81 325 Consolidated Paper Corp.* 6k 18c 100 16 10 5 cum pref .100 CatelliFood Products Ltd * Jan 4k 1 Calmont—.—..... Canada Cement. 20 19 7% Jan 9.50 1.10 Calgary A Edmonton... 185 19 Canadian Viewers 39c Feb 8 2.50 5k ;v 5 Preferred Feb 50 "l2" 16k Can A Dominion Sugar Co* 7% cum pref ?0c 8.00 460 * Coehenour Will Canada Bud Breweries.. ,* Can North 1 ower Corp Jan 5 81 5k 1,078 1,378 6k 52 kc 85 *"6k * .45 Jan 16k 25 U-1 Preferred 27c 6c 20 k 24 5 Brit Columbia Pow cl A. Freferred— Feb 17,000 16 k 5 British American Oil Broulan 9c Jan Feb 1,664 9c 8kc « 8 Feb Feb •20 k Brewers & Distil lers——. 16 81 Beldlng-Cortlce 11 Ltd.. 100 Brit Amer Oil Co Ltd 60c 575 9k 8k 40c Slscoe Gold... how 210 6k 102 k 9k k Feb 7k 3 ten- Shares 65c 6k 102 k Jan 31 C'e itralPorcupir e Abltlbl Power A Paper Co * Jan 3 7k Jan 10c 30 ... Preferred... Bralorne 6,500 94c * * Blue Ribbon.. Jan Feb 151 Jan 50 Biltmorc Cariboo Range Since Jan. 1 for of Prices Price 88c 148 k 149 k 88c 100 1 Bell Telephone.—., Canadian Wallpaper B_.r* Sales Jan 8kc Canadian Pa' Iflc Ry Frlda" 255 8c 5kc CndnlndAl oholclA lists Jan 8c 6kc Preferred sales 250 Feb 188 1 Canadian Dredge—.... official from Jan * Canadian Celanese Jan. 14 251 250 187 Bear Exploration.— Preferred Montreal Curb Market 6 Base Metals Canadian Breweries Commerce 188 188 Canada Mai ting Jan CO 3Jf 25 3k * .100 Jan * Steel Co. of Canada ' 13 — Building Products _ 10 13 75 k 100 Southern Can Power.... 372 13k Jan 105 k St Lawrence Paper pref 100 Shawlnlgan W A Power..* Jan Jan 3k 15 91k ^ Bank of Montreal. Blue Top B—— 17 17 91k Ro land laper pr<f—..100 '3k 5 17 ...25 Preferred 5 5 100 Power Corp of Canada...* A 48k 45 20 M Ottawa Electric Rys—— _* Regent 34 48k Preferred..25 National Steel Car Corp..* Jan 26 Jan 24 k 39 471 30 34, 25 25 k 30 __* 7c 1 Malartlc G F >i. 50 7 kc 8k Jan lkc 10k 3 ... Range Since Jan. 1 Shares High 7c Macafcsa..' Jan Low ....1 Jan Ok 6kc ... ...100 6% preferred Week 10k Class B__ Abltlbl for of Prices Price Loblaw Groccl A ' NfHonal Breweries Par Little (LL)_ High Low Shares Lang A Sons Lapa-CadiJlac. Laura Secord Leitch Week of Prices Price sales official from -Sales Last Jan nk 12 Internal Nickel of Canada * Laura Secord Jan 9 8^' U m * Imperinl Tobacco of Can.5 International Bronze * compiled Stocks (Continued) Week's Range Sale Exchange Friday Sale Imperial Oil Ltd Sales Last Week Sa'e Par Friday Pange for Year 1941 Week'* Range T aH Stocks- Listed and Unlisted -- Sa'es Friday 633 ■ e c Admitted to un¬ Formerly the National Bond / A liquiditlug dividend of $18 a share was stock of the Nabco Liquidating Co. included In range for year, x Ex-dlvidend. r Canadian market. y Ex-righta. paid 011 the com¬ 3 Cash sale—not z Listed, t In default. 634 THE COMMERCIAL & FINANCIAL CHRONICLE Tuesday, February 10, 1942 OVER-THE-COUNTER SECURITIES Quotations for Friday, Feb. 6" Insurance Companies Investing Companies Par Bid Ask Par Bid Ask Par Securities.. 1 Affiliated Fund Inc... IK 6.55 7.22 2.03 2.28 Aviation Groun shares. ♦Arnerex Hnldhe Corn. 10 Business Shares... 1 12 13 V* Bank Group shares.... 72c 80 a 2.40 2.72 Tnsurance Grnun shares 1.07 1.18 Aeronautical Amer Institutional Securities Ltd Aetna Cas A 12.43 13.66 8.76 10c ihares._.2 Capital Inc 1 Axe-Houghton Fund Inc.l Investing Assoc Stand Oil 9".62 30.20 25.45 10.00 10.85 Series ..... . 14.85 R-3—_. 1 3% -.-5 334 10 ...1. 12.83 14.17 —ii. 10.42 11.45 fi-3..........i... 7.85 8.64 Series K-2.. 2.85 41* Series S-2. ■ American Reserve 12.00 20.12 11.09 12.16 Marvland Fund Inc...lOe Ltd.. 1 Trust...* Chemical Fund... --1 Commonwealth Invest..-1 Consol Investment Trust.1 2.45 Century Shares 8.5' 3.28 17.01 7.53 8.10 7.76 Mass Investors 2d 9.21 30 2.70 .25c 94c 4.36 1.72 1.72 1.03 Crura & Forster com.. 5.91 3.70 5.07 24 26 Preferred stock series... 5.82 10.09 10.88 29 100 ♦7% preferred Cumulative Trust Shares.* 31 J* ....—— - Automobile 4.01 Aviation 1 Diversified Trustee Shares C—... 1 15.21 —2.50 4.10 95 c B ink stock 6.55 7.21 1.05 Delaware Fund B lilii ig - supplies 4.26 Electrical equipment— I stock 6.55 9.40 16.13 6.13 Stock Fund 1 9.35 9.93 3.29 Metals Equitable Investment - equipment Steel....— --5 22.00 Equity Corp S3 conv pref. 1 15 H Fidelity Fund Inc ...» First Mutual Trust Fund.5 13.67 14.72 5.58 5.19 Scries 1956 5.03 Series 1958 Corp (Mass) No Amer Bond Trust ctfs. 16 -.1 1.57 Putnam Fundamental I-wpat Inc.2 B-. 754 Standard 114 274 114 Ituyvesant (Geo) Bid 3io 36e 11.24 Bank of New York 12.02 100 305 368 378 Mar. 254 15. 1)14 464 824 354 " Guaranty 4-2 y8 444* Irvi'ig. 10 Kings County 100 60M 20 Chemical Bank A Trust. 10 74 % 363* 334* Cli iton 50 36 301* Colonial 25 Brooklyn... -.* 74.55 7.10 7.74 3.14 77 4 8'4 5.22 5.80 12.01 Continental Bank A Tr.10 UYs 25 13c Corn Excnauge Bk A Tr_20 31 '4 43 4' 563* Emnire 60 50 Fulton 1.83 100 101.to 101.12 t dar. 15. 1946 101.9 101.11 Nat.Defense Nf« lOt.20 101.21 ./ 101.13 101.15 tM 4.41 4.86 Automobile shares 3.03 3.38 .... 6.07 0.68 1 4.00 4.41 4.99 5.50 6.67 7 31 Aviation slnres Build! ig shares....... Chemical shares ... Electrical Equlprue it... Food shares General Bond 5.68 ♦ 3.87 4.83 4.03 11, 1)42 0.30 7o 18. 1042 0.30/c Mar 19. 1942 0.3 0 7c Apr. 15, 1042 4. 1942 0.30 X Anr. 22. 1)12 RR Equipment shares.. 3.14 4.11 15.53 16.98 5.32 344 705* SI* 20 Underwriters .locks Week Ended .... U S El Lt A Pr Shares A... 3.70 ♦Huron Holding Corp...l Ha 1.20 _.l 12.80 1.17 13.82 1.76 1.93 Rlis.* ♦Nj Jar vil 13. t f 13)3 t 2s. RAILROAD 23c 15 Foreion Domestic Shares) Total 46.255 $208,000 85,015 60,985 6.) J,000 6)3,000 76,885 675,000 578,000 3.0)0 29.000 Tuesday...'.:.....*. Wednesday. Thursday Friday j.* 8 ),230 114 Housing Authority— 14% notes Feb. 1, 1944 101.10 101.13 101 101.4 Issues U S Co versio 3s.-.1916 Q ntatijnsnjt far Uihed b/.spjisjrorlisaer, 1034 1094 U S Conversion 3s... 1.947 HO 140,003 5.0)3 ••615.000 18,090 1.039 « . 622,000 6/8,090 607,000 6 ),6S0 483.000 8.0JJ 5,030 496,000 $3,207,000 898,000 $21,030 $3,326,000 Week Ended Feb. 6 Jan. 1 to Feb. 6 New York Curb Etchan ie '■■r. li)12 1941 r 1942 Stocks—No; of shares* 126 437,050 469,880 $3,207,000 $4,513,000 t.onds . Foreign government... Foreign enrporate...,.* 123 98,000 •■ ; 7; , 1941 2,487,380 3,017,928 $19,299,000 471,000 $30,187,000 -1)4,000 309,000 $13,96 4,000 $30,809,000 33,090 223,001) 1-04 Panama Caaal is.. 101.5 $278,000 437,050 ... Domestic.. i. Other Call July3,*42 at 101... 101.1 $13,0)3 1)44 10J.13.103.15 S — 14s Jin. 3, 1914— 43c 9H i .1)61 /: 96,000 $3,330,030 Total.............. 21,000 $4,039,000 7 . Ec-ilvlicnd. x Corporation and Investment News PUBLIC UTILITY - Apr. U .May 16, 1113 Call May 16.*42 at 1004 p) ill ire s ljjjjl; tj all FjIjmI taxes. General 103.3 " ♦Blair & Co.—. —1 ♦First Bistoi Corp. 10 ) aluej Foreion Asked I, 1912 100.16 100.18 15. 1342 103.15ll0J.17 15. 1)13 103.23 100.27 Oct. I14%--Jaly 1, 1043 101.10 101,11 —Apr. Federal Natl Mtge Assn Banking Corporations 1.28 12.85 Itvest>rs..5 Independence Trust oonds (Par '■f Finance 1%...... July Banks 15, 1)12 103 Apr. 2s 14.10 Investment Inc common.. 10c Fund Federal Home Loan 0.25 7 Corp— 10 J. 11 tH% 143 7c 1,1913 103.12 109.16 J14%—Feb. 15. 1945 103.12 12 B Wellington Fund Income Foundation Incorporated ; 0.30 7 0.25 7 (Number Feb. 0, 1942 Total 4%-—May C 0.30 ^c Daily, Weekly and Yearly 34 1115 Bid Reconstruction . 24 ion 1075 I sked Commodity Credit Corp * — Transactions At The Hew York Curb 81 5.81 4.58 3.3» snares Bid 72c Series I) "2. 29 38c 61c Union Band Fund ser B... 3.47 Mir. 18 ■ 0.25'7 4.42 25c 2.92 •.«»•«« 0.23% 53 ■ 0.301 6,1)42 Obligations Of Governmental Agencies 4.45 1 Class B. AsktU Monday. 1.69 ..1 Trusteed Industry Shs.25c 4.50 2.64 Steel 1 '.eries A... Asked laturdiy 5.32 Petroleum shares...... Railroad shares Tobacco shares Series D 99.25 2), 1) 42. 1.79 Trusteed Amer Bank Shs 4.27 Mi/ii ig shares......... 1 ♦•Series B_ 6.25 Merchandise shares C....r Tr istee Stand Oil Shares— 3.72 3.37 ....... ♦ :eries 90.30 1)9.2 3 A ir. Trustee Stand Invest Shs— ♦ JDee. 15, 1045 Mir. 17. 1012 Group Securities— Agricultural shares..... 90.28 4% H% May 68 ..100 99.30 fRent.15. 1044 0.3)% ...25 United States I0J.31 i ; 0.307o 33 4 Trade Bank A Trust. -**10 195 ior.22 | 99.28 . Mir. 11, 1)42 51 . 101.10 10J.20 Mar. 16, 1)42 20 New York 100.30 1% 4% 1% .. for discount at purchase. are '• 1395 2ft Preferred 454 170 15. 1915 25, 1042 3U ♦State St Invest Corp...* Super Corp of Amer AA.. 1 Mir. 11 26 Manufacturers 124 lie Inc.50c .. S"Ut. 15. 1944 10J.lt 100.23 236 10 1345 Title Guarantee A Trust. 12 11.32 Utilities .. 101.24 94 .1 •'tandard .. 101.33 10J.lt Feb. Ask 231 10 ..100 lawyers 76.05 .4sA«rt ~i% 15. 1914 June Tre:isur.v Bills— Bid lftft 10 Bid Rate 1% 1'*% 1% / ; . quote! •' , Par 35 134* 644 Mnturit'i Toi .15 Feb. ' » United States Treasury ' Companies '•'• anvit' i 264 44 4 .......4 Bankers Central Hanover •Selected Income Sh ires.. 1 4.25 230 794 / 316 .4 sked 101.13 14% ._ .. Mar. 1 Sovereign Investors 3.04 15. 1)42 200 33 4 A sk Bid 2% 14% 4% _* fM.ir. 15. 1943 Tune 15, 1013 Sept. 15. 1043 Dec. 15. 1113 .10 New York Trust 3.07 26.03 General Investors Trust.1 44 Westchester Fire.....2.50 I Soencer Tra.sk Fund.....* 24.21 494 3 4 100 U S Guarantee. 48,4 v.: 474 Fidelity A Guar Co..2 U S Fire 117 Feb. Inc...10c Fund Fund Inc..—i 3.29 >:— — 414 394 .5 U S Hit* n >*° Int. Bale 3ept. 15, 1342 Dec. 113 Life Assurance....100 i* 10 52 Accident.,... 10 Travelers Malurlt'i 274 4'3 4 Rates 5.10 4.32 General Capital Corp....* >uu ■"">",s,it ni» Int.- ' 2.74 15.50 3.58 288 Figures after i<yj -nil m'nt 4 >7 * •"84 10 Security New Haven.-... 10 nprlngfleld Fire fe Mar..25 454 Par ^elected Amer Shares..24 —...2 — 104 Home Fire Security.... 10 icudder, Stevens & CI irk Fundamental Trust Shares A.. 94 .. 3 ■ it Paul Fire A M iri ie.62 4 Seaboard Fire A Mari ne. 10 984 1011* Quotations For U. S. Treasury Notes 1.53 4.25 3/36 14.14 •eaboard Ruretv.. Hartford Steam Boiler..10 1.95 1 Republic Invest Fund... 1 7.27 2;85 43 834 6.05 Quarterly Inc Shares.. 10c Fixed Trust Shares A...10 23 Hartford Fire..........10 3.10 Foundation Trust Shs A.l 234 Revere (Paul) Fire.....10 Rhode Island —*_2t* Bronx County 1.85 2.71 54 294 41*4 254 24 4 2.00 ^.1 — PIvmouth Fund 10c series. 10c Bank stock series... Insurance stk * 1.63 Series 1955. Fiscal Fund Inc— 16 V* 354 64 234 244 334 Corp (N Y)_2 101?* 1014 9 loi 83 4 15 5 Reoublic (Texis).....-..10 394 No Amer Tr Shares 1953.* 23.66 Rel isnrance 274 854 5.76 83 4 IP Provide ice-W •sbl igton .10 101 Unlan Oil U74 1214 37 4 394 10 10' Rputiern Natural Gvs ""Ipe El le 3,4s. 1355....: >f Jillf jral.i 31, 1)37................ Wisconsin Pnwer A Light 3 4s, 1)71... : 64 93 , .4 ske<l 104 4 3.64 5.23 ichinery... 0'ls 294 104' 7.03 R lilroad..... 17.1 * 91 25 Preferred Accident... 10 26 274 Uabama °ovcr 34s. 1)72.................... Central Illi ols Public Servl e 34s. 1971.- 7.65 R lilroad 1 iclflc Fire....;.- Pacific Indemnity Co Phoe ilx 8.0J 6.95 10 ..10 Hanover 10.33 7.29 surance M HowardBalanced Fund Eaton A Halifax 7.87 5.95 ..—6 Great American 4.70 .7.15 Chemical... 2.85 —- D 16.44 ..15 Grest Amer Indemnity... 1 9.98 4.70 Dividend Shares....--25c 9.03 2d preferred p 62 4 84 04 714 04 254 104 1210 145 Bui 122 7 123 Nation U.25 23 4 5 Globe A Rutgers Fire... 15 7.20 3. Agriculture.-,- 3.54 -54 Northwestern 41 ....5 Glens Falls Fire N Y Stocks Inc— 6.54 .5 N arther ni.......... 12.50 454 394 234 Globe A Re nubile 112 Norfhe astern 116 274 284 Quotations For Recent Bond Issues 154 244 8 9 Gibraltar Fire A Marine. 10 Crum A Forster Insurance ♦Common B shares—10 14 4 23 4 1054 1034 10 .84 Zl3 4 ...2.50 43 604 46 274 16 650 165 North River. 1 414 5 74 254 324 111 5 Georgia Home. 6.44 1 New England Fund. 10 43 .175* Sterling Nat Bank......25 16L J3 57 4 •554 160 124 ....10 Public National 74 244 , -...6ft Peoples National.......50 153 Fifth Avenue.: —-—.loo 620 First Natlo ml of NY.. 100 1180 Merchants.. ..,100 135 434 6 4 10 13.55 National Bnonx 43 64 General Rei lsurance Corp 5 5.58 117 1 5 ... 454 224 23 4. Franklin Fire. 4.10 10 ♦8% preferred—...100 , 40 Fireman's Fd of Ran Fr.25 6.51 Income series Low orlced bond series.. ♦ Bold series 2.03 Commercial National.. 100 304 23 4 30 4 Firemen's of Newark 2.03 5 ; 24 57 • 43 26 4 Fire Assn of Phil.t—...10 4.71 Penn Exchange. New Brunswick. ;__10 New Hampshire Fire... 10 New York Fire.: ...4.5 502 214 Fidelity A Den of Md—20 NaMonal Security Series— (Md) voting shares 244 194 324 .—:!v!-.10 . Federal (Colo) ser B shares...:* Vatimal Investors Corp.l 1.86 Nitlonal Fire....... 224 5 ..2 4 Employers Re-Insurance 10 Nation-Wlde Securities— 1 Series AA Chase N itlonal 23 4 582 ii.5 Eagle Fire 8.43 04 2 4 Nalonal Libertv..... 2 National U lion Fire.:..20 New Amsterdam Cas—>..2 894 204 Excess ...-1 Accumulative series —1 Series A A mod --1 Series ACC mod —1 Corporate Trust Shares.. 86 25 ...100 Conti leutal Casualty 3.57 28 Shippers City of New York....... 10 Connecticut Gen Life...10 3.60 13.82 Fund.l Mutual Invest Fund Inc 10 25.03 2.95 Mass Investors Trist._..l 3.0' 23.27 Canadian Tnv Fund 74 Boston..—— 7.81 7:10 254 10.V* ;5-t • Merch Fire Assur com...5 Merch A Mfrs Fire N Y..4 N itional C isuilty ..10 434 374 64 Oaroll na. i'_ Inc common..10c Fund 234 12 4 44 4 12 4 454 354 Camden Fire. Bond Manhattan 12 4 National Safety 8 4 M irvlandCisuiltv-.-.-.l M iss Banding A I is.u 12 114 64 144 41,4 10 _ Bankers A 13.00 18.61 Broad St Invest 50 National City.... 90 ' 20 Baltimore American...2 4 Automobile 3.00 2.69 Series S-4... ,-6 Co Inc..5 Bullock Fund Ltd.. 1 Inc Boston Fund 10 American Surety.......25 ' Series 154 424 114 American Re-Insurance .10 7.93 14.26 Series K-l. ♦Common ♦5% preferred Basic Industry Shares.. 16.31 7.24 12.99 Series B-4 Bankers Nat Investing— 45 4! Bonsonhurst Natloual.,.50 Knickerbocker.... 5 -luenlu Fire....:—5 5 4 Bid Bank of Yorktown._66 2-3 234 94 Par 184 . 35 5 154 724 334 lermv Insurance of N Y.20 — Ask 14 164 Homestead Fire..—... 10 Ins Co of North Amer.. 10 Equitable Bid 71 514 .....10 Par Bank of Manhattan Co. 10 794 1ft American Ask 294 >28 5 23 4 American of Newark...2 4 27.54 23.22 Series B-2 Series Bid Par Home 524 254 764 224 184 -,-.-25 American Alliance Kevstone Custodian Funds 43* 17.30 .4 s*. ..10 Aetna Life... Agricultural 8.55 New York Bank Stocks -10 Aetna... 18.15 8.33 43* Bid 1244 1284 10 American Home.—. 16.70 16.00 Aviation Surety Am Fi lei A Cv» Co com..5 \mer__10 investors Fund C... ....1 Investm't Co of Foreign Amesica"1 ■ INDUSTRIAL - INSURANCE - MISCELLANEOUS - H Aetna Insurance Co.—Annual Report— Statement of Income and Changes in Liabilities— 1941 Net premiums Losses Taxes pa.d : $28,451,060 pa.d 11,311,927 $24,249,928 10,183,624 790,798 ^___ pa.d expenses 1940 779,039 12,668,251 _____ Commiss.ons and 11,620,305 process in of excess disbursements Reserve and unearned prem urn amount of accrued Underwriting Investment of sale on of and 450,GOO 1,003,000 1,049,000 6,000,000 6,000,000 7,500,000 — and expenses... miscellaneous reserves surplus 17,212,9o7 : Gross oper. General Aggregate, including capital Policyholders' Provision 18,399,328 $670,162 155, 304. p. General $59,965,969 $56,874,023 24,712,967 25,899,328 : ~ : 1,593,706 *14.899 6,048 $204,017 $1,982,669 1,350,000 1940 1941 income $151,204.i $308,116 Increase in Income stockholders investment assets tax 40,412 accrued —V. 154, p. 1628. of rate in Statement, • Real on Other Canad!an Total in course in bank of ; exchange Marine been elected . Secretary..—V. J.—New Officers Ass'stant Treasurer,-, 154, p. 1628. •. -v andj • ; — — ' 4,584,120 $8,603,975 $9,096,733 228.050 2,515 $8,832,025 $9,099,248 4,104,349 4,217,247 10,739 10,554 $4,716,937 $4,871,44,7 1,804,994 1,547,466 $6,418,913 taxes___ taxes operations of subs._ income "Total income of of subs.__; —_____ subsidiaries pref. and of subs. attributable to mim. com. of earn., stock divs. , American . .. Income of & Traction Co. 210.079 63,100 *84^572 $59,965,969 in subsidiaries.*—, 7 ; (excl. of income received from subs.):,/ Light & Traction Co.— • : 255,748 Expenses' 1941—12 Mos.—''5M0 $9,900,414 $7,804,732 general expenses but before depreciation and bond interest. •(•Includes $201,909 received In U. S. exchange.—V. 155, p. 187. $547,263 t$l,059.356 earnings . Total Ltd.—Earnings— ; 1941—Month—1940 American The Public Service directors have declared a Co.—Accumulated Div~- dividend of. $1.75 per share on account 5.372.705 2,802!570 1«2.021 *82,478 adjustment 1,738,701 $6,521,931 income Federal income General taxes taxes 212,866 203,000 116,000 72 841 __________ 143,215 •After 1,545,000 137.081 assets 2.187,924 3,511,729 2,861,612 4,719,876 State Balance 3,241.886 ; 25.317,011 2,379,659 $5,990,342 $5,946,832 —60 833 61,000 ——$5,929,509 $5,885,832 - 1940 5.8*9,812 collection accrued adm'tted t$309,437 31 1,545,000 and as Period End. Dec. 31— $49,082,647 $46,9*5,140 hand Premiums Interest Dec. 1941 stocks estate Cash has Abitibi Power & Paper Co., Dr504 tGain. Financial and Cochran Harry W. Melville 84^572 Cr66,889 $1,186,361 Assets— Bonds W. "•Profit surpl"«s ^'Appreciation, American Insurance Co., Newark, N. W.lliam 63,586 exchange • 27,738,115 * • 151,169 for Canadian receipts marine awards DeceRse 23,401 66,855 - accrued tax Adjustment to unadmitted Connecticut Net underwriting and investments declared * 3,615,074 Equity of American Light Total gain from Dividends 1940 ^ ___. Interest,-amortization Prop, 1941 $49,918,312 $46,436,219 t3,001 1,350,000 6 Mos. End. Dec. 31— Net • Subs.)—Earns.— depreciation-' Net earnings from .'v.'-'V'.'■ % American Business Credit Corp.—Earnings— t$371,062 693,353 securities surplus and (& (after eliminating expenses: : for Non-operating 345,327 1,573,580 securities_____ and surplus operating Maintenance Co. 30— earnings of subs intercompany transfers) 27,000 1,389,952 earned of taxes Capital but unpaid taxes loss income for Light & Traction 12 Months Ended Nov. 2,763,735 450,000 4,241,615 dividends *Credit.—V. outstdg. losses at end of. yr Depreciation in market value Loss 923,570 98,867 amt. for Conflagration $1,666,960 2,861,428 reserve expenses Increase in adjustment 7,500,000 Reserve American $23 553,388 $20,691,960 of Federal $3,680,085 in Increase in in (trade gain) Increase * premiums Losses Net Receipts • Unearned Surplus $56,874,023 of accumulations 20 to issue holders at $45.25 in each of the 7% record per Distributions stock on of cumulative preferred stock, payable Feb. 28. will This leave arrearages March on company quarter during share were 1941.-—V. made 154, p. on 1411. the 1% deductions- Balance Dividends on Balance per interest preferred stock——!—*—_—-i 804,486 804,486 $5,125,023 $5,081,346 $1.85 $1.84 this share. $1.75 Holding preferred Cons. —V. earn, (consolidated) per 154, p. 953. for common stock- share of common 6tock _ „ Volume 155 Steel Foundries American • Consolidated Earnings Net sales* THE COMMERCIAL & FINANCIAL CHRONICLE Number 4044 _______ .—_______ _ and expenses Costs i of facilities from — ^Operating profit ____ deductions Federal Minority interest the had been —_ ~ in i profit Newark, Shares of stock common (no par) Earnings per share —V. ' ' 1 i ' I ' , ,\l ' ' ,I 1 ' r K n4 }' ' Sales 'v , output of the on dend new of stock, Initial of 10 Under Gross Sell, profit of State, local % stock Social . •Net of profit Darco Other Fed. 152,943 close 43,887 31,418 25,637 of taxes 30,861 26,969 Darco Net of 22,206 9,071 11,973 $421,448 $188,800 $79,470 21,505 19,870 16,495 25,525 4,650 $143,405 $58,324 88,050 •233,000 47,500 charges- $264,393 $327,367 profit surplus Earn, $67,496 $179,730 $399,242 $570,331 — 1,042,191 of and arising from $1,042,222 Dr43C268 dividend—— Preferred 36,337 141,562 dividend Common $791,596 I Sales $643,535 989 Crl,772 35,390 Prov. $696,785 $0.13 $1.60 age sale of activated for Account Calendar All are the profit cap. total, $5,486,595. divs. the $2,758,150 $1,506,972 76,624 This and 25 cents In $1,583,596 Ships 1,105,891 284,459 $1,299,137 _ 342,985 342,985 activity in all major departments demands have been placed upon the* 747,480 and cement, result of industrial extraordinary $378,008 $208,672 A. Mfexico, 250,288 per $6.13 $5.71 increased substantially, business of Atlas de Social T^e of the dividend a declared have stock, distribution as 25 cents the output of 45 cents per share on dividend a of 35 cents per share on payable March 2 to holders of record Feb. 16. was made on June 2, Sept. 1 and Dec. 1, 1941, March on 1, 1941. An share was also paid on Dec. 23, last United States Rubber dividend of 20 V. 155, p. 539. extra year. Co. below.—V. 1941 A as 1940 $4,423,357 $4,365,690 employees receiv., 824*468 4,053,207 71,160 5% 1,091,062 159.244 69 099 57,164 for 1,377,000 1,427,000 12,441 52.643 S. The 1,008 790 of 4% 4,611,607 — Government • $223,310 tAfter 1Q41 1940. in <CQ 1 ft7 of obsolescence $10,161,768 ••Includes p. $50,000 shares common stock. current note payable.—V. 155, p. 594; V. 154, • provision and charges 1940 for Federal $69,980 $0.49 Crowell of directors.—V. Bath income taxes.—V. 737.700 872,700 142,300 555,827 142,300 122,000 115,000 1.464,000 1,380 000 $253,340 and 108.300 41,200 profits deprec. ' :: $117,282 50,759 $2,335,005 678,990 $2,587,462 683,798 — $196,181 $66,522 $1,656,014 $1,903,663 41,801 41,802 501,606 501,607 19,150 15,950 194.607 191,406 Balance $135,230 $8,771 $959,801 $1,210,650 income Light & Power Co., Ltd. — and 145, C. p. K. numerous has . on of have been added to the board purchase from private individuals properties in the vicinity of its shipyards—V. 154, p. 1002. pfd. stock 155, p. 48. & directors The account the pref. stock Central Wilmers - income Net Adds 102. announced other Amortiz. 154, (Me.) Iron Works Corp.—Buys Properties— -Corporation of the 57,159 of South West Utilities Co.—Accrued Divs.— have declared accumulations on a the dividend prior lien of $1.75 preferred per stock, share on $7 divi¬ $1.50 per share on account of accumu¬ lations on the prior lien preferred stock, $6 dividend series, both pavable March 20 to holders of record F°h. 28. Like amounts were paid in preceding quarters.—V. 154, p. 1413. dend ; on 85.400 income for and Divs. % Barcelona Traction, G. 25% expense 1939 $131,541 $0.92 1941 $200,537 $1.41 794. S. of deduct— Int. Two Directors to Board— Mexico, through which payment 1941—Month—1940 1941—12 Mos.—1940 $962,427 $940,020 $10,424,854 $9,751,683 384,514 398.764 4.049.530 3,839,450 75,974 58,374 1,147.792 1,064.762 , taxes—Genexcess amortization —V. a rata pro a of payment, expenses for Prov. Corp.—Earnings— Earnings per share on com. stock— p. ■ of sales.—V. 155, p. 359. profit •After authorized revenue— Federal General Sales Manager, has been made Vice-President Mos. End. Dec. 31— 6 ' the same Operating Gross •Net have Period Ended Dec. 31— Gross Corp.—New Vice-President— Ayrshire Patoka Collieries • ; annum at date Federal in charge ■ m debentures issued under the plan of reorganization dated These bonds were issued on April 1, 1936. also authorized the payment of interest at the rate per the Prov. Ferreri, /1* for the six months' period ended Dec. 31, 1941, and rate per annum for the period from Jan. 1, 1942, namely April 1, 1942. Under the plan of reorganization the bondholders also received for each $1,000 par value of old bonds, 6V2 shares of preferred stock, $100 in cash, and 33 shares of common stock. ;> The corporation was successor through reorganization in 1935 to Central Coal & Coke Co., Kansas City, Mo.—V. 146, p. 1&43. * ' Auburn Central Mfg. C. i ( in 1002. n! tOn 155,^ p. 360. *'*'» Central Illinois Light Co.—Earnings- shares in 1940. [[9.109 (10,573 in 1940) par • and excess profits taxes. ' » directors interest 1940 in SS4 and depreciation for reserve pnH income ' 1 $1,000,720 $509,662 ;;y. $4.17.$2.12 1935. 27, Dec. ^Represented bv 263,936 no par shares in 1941, and by 262,851 no • Federal 1 ganization 453,594 8,761,725 1,037,710 —v— U. $11,000 '' directors The 6,859,700 $33,941,044 $26 045.906 bonds (book value $10,735) deposited as guarantee under Pennsylvania Compensation Law. t After reserve for doubtful accounts and notes of $173,732 in 1941 and share___ per depreciation, 1941-*-12 Mos.—1940 $193,724 $0.81 $362,285 $1.51 Debentures— to Total $98,279 company's secured reorganization debenturfes, series B. This payment will be made as of April 1, 1942, and will retire all of the secured reor¬ 5,037,632 — $86,004 Central Coal & Coke Corp. (Del.)—Votes Payment On 1,119,794 surplus— •Includes I ' ,v ;.i/ 8,797,875 —— = $93,112 allowance has been made for deprecia¬ 1941—3 Mos.—1940 profit 6.859,700 insurance, conv. Capital and paid-in surplus.—— Earned i 57,164 accrued preferred stoc credits cum. 6,606 8,600 240,000 shares of capital stock, $10 par.—V. 513.810 4,823,763 pensions and conting preferred stock (par $100) § Common stock; _—; Reserve 319.136 2,250,000 — 16,600 154, p. 1490. Period End. Dec. 31— ♦Net $820,576 profits taxes accrued — 6,794 : 6,887 25,500 — — (A. M.) Castle & Co.—Earnings— ' 50,290 —_____—.i— payable $277,871 164,387 288,707 4,053,179 803,671 on $297,222 187,824 $382,982 257,483 ; Note—In the above figures no 8,958,494 $1,605,050 taxes $281,110 3,238 expense—Toronto gen. — tion.—V. 292.066 280,034 ______ 3,424 Operating profit for period 141,170 251,600 —____, — & office 983,444 9,186,917 etc.—.;— $300,646 4,441. Provision for taxes—_____________ 8,827 79,081 898,514 _ — 61,900 3,487,006 etc. and equipment-—., 1939 $387,424 (gross) Operating costs 2,592,565 5,558,780 _ accounts f -— 1940 72,128 charges Profit 5,862,580 investments. security :;v> 84,050 — production Admin. 275,814 . trade _______ from cents 154, p. 426. 1941 milled ore Metal 3,000,000 cost.— at receivable, notes 3 Mos. End. Dec. 31— Tons Marketing 1943 tax series B, advances ••Notes industrial purposes, again had a profitable year. acquired as of Feb. 15, 1941. the business and assets Keratol Co. of Newark, N. J.-- That company was established incomnanv of company's 31 - , — Dividend accrued explosives for . declared have directors See $2.69 $3.82 ._ Federal income and excess for conditions.:*The commandant the Callaway Mills (Ga.)—Sells Plant— tax of $3,232,948. payable Contract the war as these products are necessary owned subsidiary), showed a substantial of stock, par $1, payable Feb. 25 to holders of record Feb. 14. was made on Nov. 21, last, which was followed common against 249,163 stone (whollv U.S.N., 75% Burlington Mills Corp.—35-Cent Dividend— The $109,379 252,279 liabilities Deferred is handled the sales, increase in sales and profits. Cia. Bud-Amer'cana de Explosivos. a Chilean corporation, in which Atlas Powder Co. owns a 15% interest and which manufactures and sells S. in Watson, distribution •After Accounts $20,581,843 for the previous year, Included in these figures are fees were E. A, 155, p. 86. •___ Accrued enlarging the scope of facilities in¬ These additional facilities are pro-' explosives 1940.—V. 155, p. 47. 26, Approximately defense.—V. directors similar tEarnings . of Exports now the Liabilities— quarrying, including the production > required in the manufacture of steel >" and for public works and construction of all kinds. crushed on 560,692 — securities and charges Total entered into, program and metal mining, and share by a payment of 15 cents on Nov. 26.—Vf 154, p. 425. 342,985 1,063,436 $1,784,429 254,827 share. profits patents, Deferred gressing rapidly toward completion. Demand for explosives for industrial use has been greatly stimulated and District. Naval for $1,013,056 342,985 1,135,591 $1,904,601 — notes, Treasury Goodwill, . defense per Buffalo Forge Co.—45-Cent Dividend— 196,448 - •Miscellaneous Deliveries under contracts with the British Purchasing Commission have been made according to schedule. Current r contracts for loading bombs at company-owned plants have been , largely completed. < ' < > • / Substantially all of the facilities covered by the original contracts entered into in 1940 with the U. S. War Department have been com- .. pleted and are in satisfactory operation. During 1941 supplementary J. coal cents Budd Mfg. Co.—Awarded. Navy "E"— Admiral Rear is throughout the year- limestone 25 of efficiency in production of naval materials, this awarded the Navy E and the flag of the Bureau of was by Fourth $1,209,504 ([Company's capital stock—;—— 28% of the total sales and operating revenues. Sales of com- . mercial products increased 45% over the previous year. • ; .Facilities owned by the company for the manufacture of products ' for direct military use have been operated at maximum production for share on Nov. per of dividend a $12.50, payable Feb. 19 to holders of record with 15 cents per share paid on Oct. 10, last, 350,000 Miscellaneous notes and mately of par recognition company 36,540 $2,890,320 excess tPlant properties apportionment of overhead items. In 1942 operating fees should show profit for services rendered. < Sales of products for direct military use, \ manufactured in plant facilities owned by the company,: plus gross amount of fees received for work on Government-owned ordnance plants, represented approxi¬ by the 676,173 $3.73 $0.92 compares (Edward G.) $1,172,964 132,170 Securities of unconsolidated subsidiary reasonable contracts. 667,251 $3.67 declared have stock, 9. 13,828,566 outstd'g— Notes receivable slightly in excess of actual expenses applicable thereto for engineering, % traveling, training of key • personnel, preparation for operation and •• been directors common Feb. A $6,800,912 74,903 —_ S. tAccounts received from the U. S. Government for services in connection with Government-owned ordnance plants, amounting in 1941 to $812 600 and in 1940 to $277,600. The total amount of these fees to date is these 676,173 $0.81 share_._ per the common •4,621,214 (6%) com. Inventories , have $2,523,642 667,251 Buda Co.—25-Cent Dividend— The 1938 1939 $426,025 shares Marketable in under t$2,450,670 charges and provisions for income and excess profits taxes. tAfter deduction of $500,000 as reserve for future losses on inven¬ tories and commitments.—-V. 154, p. 1002, 954. * owned subs.) wholly 1940 Assets— II. the production of materials essential to the war effort greatly increased sales and gross profits. Net earnings after taxes, are only slightly above the previous year. Sales and other operating revenues for the year amounted to cluded $549,505 used 15,024,273 , dividends Cash reflected in contracts 1941—12 Mos.—1940 1941—3 Mos.—1940 (par $5) •After all cash Consolidated Balance Sheet, Dec. . ' . Subs.)—Earnings— $615,705 — stk. Earnings in 1941, $100,000 17,823,693 income—-.—,.^.. "Includes company's facilities, management and personnel, not only to meet the greatly stimulated demand for its commercial products and products for military use manufactured in company-owned plants, but also to provide trained management and personnel for ordnance plants now ;; being operated for the U. 8. Government. In meeting these extra- > ordinary demands, the company has placed foremost the require¬ ments of the U. S. Government. The effect of this extensive par- compares with increase of 68%.. - out¬ $6,875,815 taxes Earns/per Leland Lyon, President, states: .'The year 1941 was one of intense which $1,715,087 $23,033,740 $19,136,368 as (& outstanding stock common 27,715,838 Surplus Com. Atlas Powder Co.—Annual Report— Extraordinary - $1,983,533 Period End. Dec. 31— •Net delivery, (net)___ 18,601,618 19,736,868 ... Shrs. $34,516,750 $20,581,843 $16,531,245 $15,001,530 — 1941—12 Mos.—1940 1,641,531 " • Bristol-Myers Co. entire outstanding $50,000 of these notes (incl. Years Subs.)- $3,356,618 $42,770,608 $37,737,986 1,765,099 operating results company, carbon on (or the also paid off Darco share per shown in dollars are taken at aver¬ rates of .exchange which are necessarily to some extent arbitrary. figures will be subject to final adjustment when the annual accounts made up.—V. 155, p. 47. *. % ' •• ' Note—The common of 90% cents to holders of record follows: March 1, 25 2 as Canadian Malartic Gold Mines, Ltd.*—Earnings $500,000; accounts payable, $193,670; pro¬ and excess profits taxes (est.), $316,987; accrued taxes including social security taxes, $48,139; other accrued liabilities, $56,827; reserve for contingencies. $55,130; cumu- * lqtive convertible preferied stock ($20 par), $1,250,600; common stock (141.562 no par shares), $1,845,236; paid-in surplus, $71,616; earned surplus, $1,148,391; total, $5,486,595.—V. 154,.p. 146. an owned outstanding by Atlas representing unconsolidated subsidiary an for contingencies. Net Liabilities—Notes payable, representing notes income Common 1941 vision for Federal and Dominion income $34,516,750. Co. of the Co. also owns due 1942-1950. paid in 1941. and income Preferred charges, $42,050; goodwill, $1; ticipation Darco 35 March were 1941—Month—1940 $3,748,632 oper. (before de& amort.) preciation $603,267 $0.74 $892,310 bank accounts and on hand, $232,660; marketable notes and accounts receivable (less reserves), $554,of merchandise, material and supplies, $1,551,780; advances on logging and lumber operations, $116,836; sinking fund assets, $105,560; investment in and advances to associated company (less reserve), $11,570; plant, property, equipment, etc. (net), $2,090,928; timberlands (less depletion), $735,716; other assets, $30,546; pre¬ ferred stock in treasury (455 shares, at cost), $10,466; prepayments and is of from earn, Net earnings 1941, 1,084.50 exchange for 1,446 in of dividend a payable 1941 during Period Ended Dec. 31— 10, shares held is sales, Gross in company. Powder $10, par $1.50 per share as against a total of $1 similar inventories the 1,495.35 and $3,103,049 155, p. 498. ' ' securities, $4,459; of Nov. $13,342,938, comparing with Operating expenses the preferred etc. $13,725,646 company, Gross 39,279 38,723 Consolidated Balance Sheet, I)ec. 31, deferred Powder expenses Other end $1,148,391 period $2.05 Earn, per share com.— .•Includes excess profits taxes. of Assets—Cash Darco to Brazilian Traction*' Light & Power Co., Ltd. (& ' usage and amounted —Earnings—.;' accepted and glycerin 1941, Sept. 2, 40 cents, and Dec. 1, 50 cents, or a In 1940. had new orders in January at the average monthly rate of 1941, according to Whipple Jacobs, President. 'Indications point to a continued high rate of operation, with shipments confined exclusively to priority orders," he said.—V. 154, p. 1002. The Darco issued were and Atlas year, serial were (net) of etc., Federal Earned surplus at 023; now properties as shares terminated stock and 79.4% 22,469 4,596 Drl,449 37,693 106,173 ___ (net)—— adj. is 31, 2, 35 cents; June cents; total of exch. fluctuations Surplus share stock, Distributions 17. The Cost Loss the 'Atlas notes Corp. Income 585,211 648,191 777,829 $1,369,558 surplus Arlex name four 1941 period Total 1 which begin, at the advanced,-in 1940. engaged in the in the refining of cane, corn and beet sugars, oils and fats, purification of water, chemicals, dry cleaners solvents, etc. Sales in 1941 amounted to $1,771,585, an increase of 59% over 1940. After deducting interest charges of $33,058 and Federal taxes of $115,541, net earnings amounted to $140,263 compared with *$92,585 in 1940. At the close of the year, surplus amounted to $98,123. Interest received from Darco Corp. in 1941 amounting to $33,058 was included in income. How¬ ever, Atlas Powder Co.'s proportionate share of the 1941 earnings of Darco Corp. was not included in income. 19,066 income (est.) trade for stock preferred $450,000 demand 23,938 42,305 4,213 Extraordinary for offer, common Corp. matured $574,544 14,177 Dmonion the a Darco issue capital charges & of for amount The the of $263,444 Gross income ^ products the Dec. declared have directors common Feb. Atlas common stock issued for this purpose was considered fair value of $60 per share, or a total valuation of $65,070; of this amount $36,150 was added to common capital stock account and the balance of $28,920 was added to capital and paid-in surplus. At 157,728 sales the common common standing preferred $390,064 from Atlas this Atlas to have 1938 1939 1940 164,349 income twice of as Co.—35-Cent Dividend—Orders— Belden Mfg. The 11, 1941, Atlas Powder Co. submitted to the preferred stockholders of Darco Corp, an offer to stock for Darco preferred stock on the basis Atlas manufacture Other under assets liabilities were current the Aug. of of stock. of taxes $625,871 - almost other humectant, paralleling in polyalcohol solutions, such of of shares 197,253 taxes of result a 1940 $853,776 security taxes— Powder to move the and consolidate taxes, . . and and of shares share t$18,902 sales and Atlas of way $0.22 depreciation, interest, Federal and State-Income shares of capital stock, $1 par. $2,911,352, respectively, on Dec. 31, 1940.—V. Atlas common three As expenses from adm. and solution group exchange $160,926 1941 ' date minority Atlas Plywood Corp. (& Subs.) —Earnings— — name under Stamford 1940 $89,493 $0.48 400,000 and premises with the on glycols. Derivatives made with Sorbitol and Mannitol have proven their unique advantages in such industries as cosmetics, insecticides, textiles, tobacco, food and confections and resins. shares including provision for Federal income tLoss.—V. 155, p. 396. V 6 Months Ended Dec. 31 the now finishes were carried preferred) conditioned upon the transfer by the Darco preferred stockholder to Atlas, without additional compensation, of any Darco common stock held by him. charges, $59,000 In 1941.. been adhesives, cents per share on ri ...» all and leased occupied has 1941 $193,502 ; 'Note—Current capacity of existing manufacturing facilities, and during the year demand has exceeded capacity to produce. equipment is being installed to substantially Increase exist¬ commercial 1941 profit and estate business Department conditioner a other 1, 1941.—V. 154, p. 1490. •After tOn part of Sorbitol mercial as March Calendar Years— •Net -'After • conse¬ limited plant capacity. The use of these so-called Hexitols has advanced steadily as industrial chemical raw materials. Atlas com¬ Atlantic Rayon Corp.-—Earnings— : and companies ing $12.50, par share payable of dividend a two their derivatives, increased rapidly during the year, up to the latter Additional and a regular quarterly divi¬ the new 5% cumulative preferred 2 to holders of record Feb. 14. like amount, declared on Nov. 11, were payable per both distributions Dec. on cents S25, declared 20 stock, common' 31l/4 par Jan. on the fabrics Products bitol and the American Window Glass Co.—Dividends— directors real no where J., coated maximum . The the Corp.—Earnings— profit •[Earnings per share preceding year. While a part of this increase was due to the acquisition of the Keratol Co., the activity in all products was much greater than In 1940. 1 Sales of the new hexahydric alcohol products, Mannitol and Sor¬ "Rayflex," a high-tenaqity rayon yarn made by this corporation, is now being used for making self-sealing gasoline tanks for military airplanes and tire cords for heavy duty tires, the bulk of which are for Army trucks, reconnaisance cars, and other motorized military equipment, the company announced on'Feb. 6. The use of "Rayflex" for tire cords is helping to conserve the. country's supply of rubber, it is pointed out, since tires made with rayon cords require less rubber and last longer than those made with other types of cord.—V. 155, p. 497. entire owned Co. N. of Cellulose - Cords— ; American Viscose Corp.—"Rayflex" For Tire .The A between personnel and manufacturing equipment to the two plants and organiations. ___________$1.07 f- V | ____— 155, p. 497. * competition management and personnel under Zapon-Keratol Division. Plans are same $1,269,735 1,187,496 _________ little Keratol The Co., Net Beech Aircraft 3 Mos. End. Dec. 31— ♦Net the ^acquisition of Keratol has added substantially to the and diversity of the coated fabrics business of the company. .volume '3,620,300 3,962 profits taxes . of manufacturer successful at Stamford, Conn. As the Stamford plant was not equipped for the manufacture of the "light-weight" type of coated fabrics, -there 13,888 __ excess and book-binding fabrics, and other principally of the "light-weight" type as distinguished "heavy-weight" type of coated fabrics manufactured by the and company $4,907,885 _________ (net) and income well. known a upholstery leathers, fabrics, quently Other been has artificial coated 11,493,318 < 446,034 i. 356,110 ___. emergency • — 1941 $17,203,347 _ Depreciation Amortization 31, and 1898 ( &Subs.)—Earnings for the .3 Months Ending Dec. series, and a dividend of 636 THE COMMERCIAL & FINANCIAL CHRONICLE Central Alleged Specialty concealment Co.—Amends by the The registration statement covering the proposed issue of 75,000 shares of common stock last July of the fact recognize Workers of had been of which it had the flotation Feb. Feb. on with strike a refusal for order stop the receipt of on directors issue: —V. The company, whose principal place of business is in Ypsilanti, Mich., manufactures tools and accessories for Sears, Roebuck & Co., and income $7,040 Managers'. commission 316 89 Taxes > >Y' 722 Miscellaneous Net inc. to 0 V>; surp. $18,750 1,344 378 732 713 „ 628 113 expense, curr. ,. 89 , v „ - 926 162 Cash Sheet, 31 Dec. ^ 317,351 53 -51 $324,455 $35,000 . Total Reserve for for one the 68% share per , ; , vote Feb. of 17 conditions. stated was 152, 1,470 14,268 year's divs. pref. stock output In December tons milled totaled tons 361. * and the of At stock 98,775 stock 10,000 Capital surplus 163,868 surplus 2,130 1939 '2,361,263 359,754 $324,455 — 404,777 $356,664 $211,069 $267,546 Miscellaneous $248,169 10,992 14,588 18,587 22,876 Total ,.v*Par value, Chain 10 cents per share.—V. 1051. 154, p. income Income—Dividends .Total $2,216 371 427 Expense 246,345 3,573 tFor J$28,024 'Includes sinking funds income Balance Assets—Cash, $1,449; 1 Sheet, accounts (market value $82,568», investments at cost $220; deficit from securities transactions, total, $102,324.—V. 154, p. $100,231; surplus, earned $19,829, fund, Investment accrued expenses, account, $119,019, payable, $1,465; reserve for (represented by 5,850 shares—Capital capital Sinking $100,655; total, $102,324. Liabilities—Dividend $628; Material $1,041), Special deposit for Additional Stock— The that Public Maryland it would $10,000,000 stock by •The of value par Total Service orders enter Commission allowing the stock common announced 5 Feb. on by the company of acquisition of this new and will & T. be Co. T. used to .'The discharge Funded in debt Accounts had been money Accrued taxes Service Cars v.j Loaded • ' 1942 1941 127,178 System and Received From Connections— on Month •■•i ■ of 1940 104,134 Deferred January 1939 104,271 —V. 155, 596. p. and Chicago Corp.—Accumulated Dividend— payable —V. : March 1 $3 of no Feb. record 75 on stock, preference 15. From account record March cents on 1 class - Feb. Sept. and June 1, have declared and A 25.—V. class 154, B ' 129,877 - 515,602 to 130,421 initial stocks, dividends of v cents 10 March payable 2 The share company on Feb. 2 the common stock total of called $113,000 4% bonds due April guaranteed redemption as of April 1, 1942, at par and be made at the Continental Illinois National (E. I.) have 1944, 1, for will Payment interest. Bank & Trust Co., 231 So. La Salle St., Chicago, 111., or at the office of The Pennsylvania RR. Co., 380 Seventh Ave., N. Y. City.—V. 154, p. 1413. :< Citizens Utilities . The company on Feb. due Dec. 1, 1955, semi-annual business Feb. The total 2, 1941 ' 3% to These on per not are these next interest There notes. coupon is no notes. payment date as will revenues greater than income 10 record Jan. cents in for reserve of Dec. 31, 1941, is be Aug. 1, 1942.— these purposes now of was only about 4% higher Federal taxes. Higher than labor volume in business, of and raw adversely affected the margin of profit, Earnings applicable to the common stock Stores, Inc.—Sales Up— Four Weeks Ended Jan. 24— Sales —V. 1942 pared 1941 $5,121,004 — 155, $3,655,099 with $7.23 Total taxes in in amount 1941 $7.50 OPERATING Combined Trust? Trust at presentation Co., the trustee, First on rate 20.11 of or (Phila.)—Distribution— after Feb. 16 at Fidelity-Philadelphia the option of the holder, Philadelphia, Pa., or, at Bank, Chicago, 111., the cents per Shares coupons (of Standard Oil Group) Trust per ments in 1940 totaled 48.31 cents per Trust share.—V. 16.697 share. 135, cents Pay¬ 991. p. ^ Consolidated Edison Co. of New York, Inc.—Number of Stockholders At Record— • V * people own shares of this company now than at any time in the company's history, it is officially announced. The year 1941 marked still further increases in the number of stockholders of this company, there being at the close of the year a total of 135,228 holders of the preferred and common stocks (not More eliminating duplicates). There lative 30,788 holders of the $5 cumu¬ holders of the common stock, indi¬ were preferred stock and 104,440 cating increases of 1,115 and 1,533 1941. holders of each class, respectively during In the number mon stockholders. These in the from five years, there have been increases of 31% in the preferred stockholders and of 15% in the number of com¬ last of increases number 90 to 71, in of and the five-year period have resulted in a decrease held by the average preferred stockholder the average common stockholder from 126 to shares by 110. , Employees Granted Wage Increase— The wage Consolidated $3,750,000 controversy between this company and the Brotherhood of Edison Employees has been settled by a wage increase of the year 1942, it is stated. The union had asked for to net a share, com¬ available to . ... , services to the Govern¬ company's accumulated technical research and its to this task, and diligently em¬ projects have been undertaken quickly. Time does not permit detailed planning are entered into. In many instances Of the completed work can not be fully contracts character advance. For such it has not been feasible reasons to It was, therefore, agreed to construct plants for construction total to endeavors after the contracts are terminated in constructing services un¬ are costs the plants for the United expected to average about 1% of the estimated of the plants, and the fixed-fees for services the plants are expected to average about 5% of the esti¬ cost of operations. From these fees provision must bo the cover subject The informd $480,109,939. the fixed-fees ence. REVIEW amounted customers This indicated above expenses and to pay Federal taxes present law range up to 72%. this work for the Government is dealt with at some length in this report, but not in a spirit of boastfulness, or complaint, or apology. The various procurement departments of the Army and Navy have requested that the company undertake the work on the above-stated terms, and the company has agreed to do so. it being the feeling of the management that the company is in a position to render constructive service because of its organization and experi¬ because of of profits on management feels, however, that the stockholders should be the situation and thereby be able to anticipate the effect net earnings of the company. Nylon—The companys productive capacity of nylon yarn Is being in¬ as rapidly as conditions will permit; Production in 1941 was This creased 170% approximately ,s Interdepartmental billings for products manufactured by one depart¬ ment and used as intermediates or ingredients by other departments were approximately $48,500,000 in 1941. If such billings are considered as sales the company's total sales volume in 1941 amounted to approximately $528,609,000. The comparable figure for 1940 was $380,562,000. Practically all lines of products contributed to the increase in volume, which paralleled the upward trend of business generally throughout the Nation. This increase was due in large part to the high rate of expenditures for national defense. share. during 1941 were as follows: Feb. 15, share, and Aug. 15, 14.789 cents per Trust Volume—Sales Corp. then payable will be at the Distributions ,' Sales and which under the figure includes the December business of du Pont Film Manufacturing the National the Combined Trust on Shares the Navy. The and management various before peace-time resume made of earnings avail¬ were company's substantial. fixed-price contracts. operate upon •Upon the necessity mated >' were the Secretary of it. in operating 1940. equivalent to about 127% able for dividends, compared with 65% in 1940. 155. p. and made being are the that industrial States Government material prices also Colonial after stage, ' <*, feels in upon The principally 1940, enlarge¬ Several contracts report effective estimating or total in initial Speed is of prime importance. to of the company for the year rates the questionably^ 1940. increase greater including completion. the cost of the completed work mutually agreed upon in advance. Although this form of contract lessens the company's risk of sustaining substantial losses, the amount of final net profit to be realized there¬ from is uncertain. Some expenditures which the company considers essential to the proper conduct of this work are likely to be disallowed as reimbursable items by the Government. Further expenses, probably substantial in amount, incident to reorganizing the company's forces 151, amounts to $20,000,000. Notwithstanding th substantial income 1051. and, of per 20—V. $90,401,470, was expan¬ and these both anticipated in compared with $86,945,173 in 1940. In each of these two years the net income is after setting aside $10,000,000 to provide a contingent reserve for possible shrink¬ age in inventory values and other possible costs and expenses related to the war period which cannot now be definitely measured. The holders 1942. operating 40% net commenced is now nearing accordance with "E" award from management The and other about were and accumulated arc development through the semi-works construct the full-scale plant. the the Navy are Of - the of du Font de Nemours & Co.—1941 Annual Re¬ Consolidated interest on its 3% income notes annum. This is the regular of record as of the close of paid of unpaid interest The 154, p. 1942, rate payment outstanding amount of these notes $1,658,270. V. 2, at the interest accumulated Co.—Interest Payment— work, with Government funds and for Government account. The contracts provide compensation to the company for its services in the form of fixed-fees, based upon preliminary estimates dividend of initial an stockholders of to this constructing, operating and account¬ stages of forces. The ment ployed share per holders to in grant in recognition of service in the interest of that branch of the experience port—W. S. Carpenter, Jr., President, in his remarks to stockholders accompanying the 1941 annual report states in part: The sales *■ assist They also have necessitated substantial - construction gratifying to armed Chicago Union Station Co.—Bonds Called— A been earlier enter upon paid on during peace¬ important products receive to - Electric Ferries, Inc.—Initial Dividend— 1940. company engineers design and is and 155, p. 598. the is-the highest award of merit which the Navy Department has authority 11,411' 796. p. by that this entire program not only is pro¬ ceeding satisfactorily but is well in advance of original schedule. The du Pont company was in the .first small group of companies 126,661 11,075 to operation, the and carry It 5,039,2001 Hosiery Mills—Initial Dividends— directors the on of value, 1, 1940, made authorized, completed in been man-power par of 50 cents per share were 1941, distributions quarter as against The of .75. cents dividend a cumulative holders to including Dec. 1, each made the on manufactured in plants hereto¬ and' operating a number of new plants The products to be manufactured not . The directors have declared to and plants.- in are which tRepresented by 61,240 no par shares." deducting depreciation. are are now being enlarged. Still others construction. which the company has been called upon to produce in large quantities are quite new. In such cases it is necessary first to develop the manufacturing process in the labora¬ 154, p. 862. Durham accumulations upon into Several 416,027 credit items— either called months in are 516,698 reserves- suspended War war. 14,653 40,589 ' . the 130,219 • -^•V. of have $25,114,369 $25,292,502 'After 1936 96,244 104,397 89,778 other < .___ _. Total ' ■■ ■ 1937 1938 ' 90,180 and and - the expenditure of Government funds amounting to several dollars, and their operation will probably require the of even a larger sum, the latter depending upon the after subsequently 136,958 ;____ liabilities Operation Commercial eight 363,210 _—_i and Defense million others 138,178 127,031 payable wages National Government. were ments <4,829,900 and Matured interest Chicago Burlington & Quincy RR.—Carloadings— . to materials either directly for the Govern¬ for conversion into products needed constructing the 24,878 $10,441,200 $10,441,200 8,482,103 8,550,119 par) tCommon stock and surplus the American Telephone & Telegraph Co., the parent concern. stock A. ($100 Contribution number a tory stock in of 853,967 ■ Preferred part a $14,250,000 debt to advanced for acquisition of property and construction and maintenance of lines and equipment in Maryland during the past five years.—V. 155, p. 596. the 186,845 276,115 $25,114,369 $25,292,502 ____ the corporation transferred to dissolution the goodwill account This increase represents of this company's 100% interest of such ing forces at the central office. The plants are of various sizes. The cost of constructing the largest was more than $100,000,000, and required an erecting force on the site of about 25,000 men. This particular plant began operations 43,674 Liabilities— issuance is 126,829 66,204 receiv. of for 28,699 accounts business These materials 47,352 interest was dis¬ was manufacturers 966,090 matured market thereof projects make necessary the organization of large field forces of States throughout the country, where materials and equipment, furnished by many hundreds of suppliers and sub-con¬ 329,856 159,931 suspended debt items value increased by $8,971,956. sion of the company's engineering, 365,280 • which the the company's commercial business and for the needs of the Unitd States Army and Navy. company's-more important contribution in the current the fashioned taxes paid in adv by par These in 1940 247,231 supplies Accrued interest and notes and sue $$7,545 43,659 securities and and Deferred and (Bait.)—To Is¬ solely the require $23,063,095 $23,391,706 , the or hundred purposes. 1941 etc Insurance premiums and Cash 1051. Chesapeake & Potomac Telephone Co. $26,519 corporate , 'Property, equipment and franchise Real estate not used in operation 1941 Dec, 31, receivable, 252,967 Sheet, Dec. 31 Assets— amount exceeded ever other expenditure other and result a was plants tractors $6,478 $6,348 $1,809 $1,846 250,137 JDeficit. depreciation. General Balance Net and (for metal were made in but relatively small quantities. Both this com¬ and Remington Arms Co., Inc., which is controlled by this com¬ pany, have undertaken such projects. Construction of the plants will 528 maturities, principally were peace-time these time 5,269 $121,356 debt As effort. account in on ctfs._ tr. 1941 pany debt equip, on tBalance $7,718 1,241 $7,450 1,102 $2,236 used duration 23 Interest T 25,095 242,727 in Pont Film Manufacturing Corp. variety of vital a Howver, $271,046 9,477 assets the for war emergency $7,695 $7,450 $2,236 $2,216 discount of funded Int. $286,133 du year Company's of or fore on Amortiz. ; $225,657 2,067 general and refunding bonds 1941—12 Mos.—1940 1941—3 Mos.—1940 $367,656 bonds— underl. on Interest Store Investors Trust—Earnings— Period End. Dec. 31— Int. the Pont for the for Gross ! income- the company moderate income oper. The shares amount ment ' Net stock.. common of end and facture 553,935 366,749 capacities speeding tempo of preparations for national de¬ fense and, latterly, for actual war participation, the company has been called upon for correspondingly increasing effort. Part of the company's contribution toward this program is its manu¬ '2,338,464 569,807 additional of nylon yarn, nylon intermediates, ammonia, rubber)cellophane cellulose film, viscose rayon newly-issued Effort—With $2,991,410 _ sub¬ which by which the total cost outstanding capital stock of du Pont Film Manufacturing Corp. the equities in net worth acquired, as shown by that com¬ pany's books.. <•*.••<• •" V1'"'<.'?• VA',: \ The manufacture and sale of motion; picture, X-ray, portrait, litho¬ graphic and miniature films will be conducted in the future through the photo products department, a newly-formed department. 1938 $2,988,563 1,885,785 355,301 Depreciation 164,880 109 $325,511 1940 $3,017,539 be of surplus account, $7,753,469. the du 1941 will construction, exceeded . 2,030,365 — plant the in recovery $3,312,137 revenues— Taxes 10,000 Current expenses.. par) the company. th« 98,775 'Common oper. work, .,. for of ($20 to of this System—Earnings— Years Ended Dec. 31—° (synthetic of added Tramway Corp. and The Denver & Intermountain RR., with inter-company transactions eliminated) '' Denver for manufacture the value that J < Government ("Cordura") for automotive tires, sodium and solvents dry-cleaning and extraction),:: • this 51,800 p. of V, Minority Interest in du Pont Film Manufacturing Corp.—In November company acquired the remaining minority interest in du Pont Film Manufacturing Corp (35% of the outstanding capital stock) by issuing to the owner thereof, Pathe Film Corp., 56,750 shares in Oper. 14,268 Preferred expenditures the Acquisition 2237. p. - cleaning, proposal to liqui- a It of yarn ; approving on war .. expended was for additional capacities, and 32% for renewal and better¬ equipment and facilities. Such expenditures do not include ordnance plants built for the U. S. Government. was neoprene following payments on this and Dec. 22, 50 cents. ; exclusive 1942, $50,600,000 cost of The on each; cents placed at $12.15 per ton.—V. 155, (The $35,000 1,423 taxes Reserve cents buy the company's plant.—V. may Total 1 payable 12, 25 because company interests Denver Tramway Liabilities— Notes 1941 ment "4 $7,054 317,645 .____ interest; In solved was $325,511 Prepaid 25 1940 - "<$7,813 cost) (at of in stantially less than in 1941.- by im¬ as January, 1942, was valued at $630,099, compared with $630,274 in December and $659,152 in January, 1941. Tons milled in January, this year, and in January, 1941, were the same—53,800 tons—but recovery per ton was $11.71 and $12.25, respec¬ $15,240 1941 _______ Investments dividend a made company stockholders will Bullion ' , ' . declared 30 and Aug. 188. p. the tively. Balance Assets— acting Dome Mines, Ltd.—Production— ; 1,076 . $16,168 $5,790 $5,712 ate $19,738 1,557 ^ 355 $6,985 403 Interest the 1941, 155, The Dividends have On April Detroit 1941—12 Mos.—1940 1941—3 Mos.—1940 effected was (W. II.) Davey Steel Co.—Liquidation Proposed— 153, p. 684. Chain Store Investment Corp.—Earnings— Period End. Dec. 31— employees, Conciliation Service, stock, payable March 25 to holders of record March 9. common During correcting the company's statement in line with the Com¬ objections. foundry castings for the Ford Motor Co.—V. construction $1,000,000. 31,000 for amendments mission's offered involves United States Crown Cork & Seal Co., Inc.—25-Cent Common Div.— The its which the the 3. dismissed 3 of partial chairman of a joint board consisting of employee and company representatives.—V. 155, p. 598. ■.;^^<'<'. << <•< 7 to and Exchange by the Securities the company had compromise, Horvitz Aaron Organizations United Automobile been organizing its plant led to the issue revealed was Commission threatened its Industrial order against Commission, The it Congress Union stop a that a and $7,000,000 Registry for Stock— in company Tuesday, February 10, 1942 in than greater 1940. Hosiery manufacturers used nylon yarn in more than 109.000 000 of women's stockings'in 1941; compared with about 35.000,000 pairs pairs in 1940. The also yarn the manufacture of many other y of monofilament, a racket strings, nylon surgical is being used, in limited quantities, in kinds of wearing apparel. In the form used in increasing quantities for being is and sutures, as bristles for many types of Nylon also is used as an insulation in coverings for electrical brushes. wires. <<'..; v<'.', shown in '•< •! -/'■'■ 'v. There is a rapidly-increasing demand for nylon yarn for use in the production of certain kinds of military equipment, heretofore almost In the latter part of the year is became necessary to curtail the ^entirely dependent upon silk or linen, and an important part of the manufacture of certain products, because the necessary supplies of raw company's nylon yarn-producing capacity in 1942 may be so required. materials could not be procured. Further curtailment of products' considered as not essential to the war effort may be necessary. Taxes—The provision for Federal taxes on income, $103,190,000, Sales prices prices of some generally of the Other Operating $23,242,355. This activities other were only slightly higher than in and 1940, company's products were reduced in 1941. operating revenues amounted Revenues—Other amount than from represents sales to income customers, derived and from includes to with the tax pany's compensation received for constructing and operating plants for the Government and others, the products of which are not sold by your company. Positions of Departments and Divisions in Volume of Business—The manufacturing and sales activities were conducted through 10 depart¬ ments or divisions. The business done by the Military Explosives Division, heretofore listed separately, but not including the costs of constructing and operating plants for the United States and British Governments, is included in the explosives department. Plant Extensions and Betterments—To the extent that priority rat¬ ings were obtainable for necessary materials, the company continued its policy of extending and bettering its -manufacturing facilities. Be¬ cause of war requirements, it is expected that expenditures ■ for plant income - \. includes provision for both the statement, "nor¬ However, the amount included therein $70,250,000, is not fairly comparable $19,345,000, because of changes in the mal" and "excess profits" taxes. "excess profits" tax for 1941, for operating com¬ the ■'<' : '</ the for amount a 31%. which In and the the 50% from law subject -- going higher rates, because the rate on that portion of the tax was increased from 24% tax on that portion of its earnings "normal" classifies as arbitrarily the 1941 in to rate nf maximum to 60%. addition to increased enacted law new company's earnings to 1940, law. Under "excess profits" was increased ■ increa'se in Federal taxes resulting from the fore¬ the company's taxes in 1941 earnings were further provisions in the 1941 law which changed the the "normal" and "excess profits" taxes. of method of computing both Under the 1940 law the is termed "excess profits" -under the 1941 law the "excess profits" tax was comnuted on what .after deduction of the "normal" tax, whereas profits" tax is computed on what is "excess <' <<>•< " .Volume 155 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4044 * termed "excess would reduced been have the 1941 about '■ 1940, At of end the United of increase an increase an of States than more nearly Cash $16,000,000 for the U. S. company $100,200,000 invested in be used prior to .had These in South The net America and believed to be conservative. is North in the outside America to this Constant country. attention Provision with these Bonds eliminated stockholders, the company November In compared as end of the of shares the with ■ 4,578,263 —„ employees 8,288,268 9,129,329 .8,631,668 in companies —— 168,885,000 for 168,885,000 168,885,000 157,219,870 133,580,843 121,794,607 16,878,544 8,315,544 depreciation and obso¬ — 27,274,152 insurance, etc ggReserved for pensions : 30,866,620 Surplus applicable to company— 285,235,672 26,859,314 ; 24,667,065 264,254,797 256,368,715 1,069,399,343 934,892,276 857,618,123 Total tons.—V. 155, p. 600. General Motors Corp. — Earnings of General Motors, Factory Workers Reach Ail-Time High In 1941— C. advance of $19,038,691. tAfter reserves for IMarket value, $24,968,354. ^General Motors Corp. common stock: 10,000,000 shares, carried at $20.80 a share in 1941, $20.25 a share in 1940 and $19.70 a share in 1939. '^Rep¬ resented by common shares of $20 par value (in 1941 includes 35,651; in 1940, 33,297, and in 1939, 31,994 shares in treasury held for awards to employees under bonus plan). fllncluding provision for Federal and other taxes of $117,593,269 in 1941; $51,089,374 in 1940, and $17,608,834 in 1939. ttRepresented by 1,688,850 shares of $4.50 preferred (no par). ^In¬ cluding $25,599,404 (1940, $25,201,904), representing obligation to trus¬ tee for funds borrowed from pension trust (the actual liability under the pension plan at Dec. 31, 1941, is computed to be approximately $9,015,000).—V. 155, p. 361. President, on Feb. 7 announced that wages paid to factory workers employed In the United States in all-time high of $500,422,165, which represents an increase of $143,169,343,-or 40% over 1940, Compared with this increase of 40% in payroll, the average weekly employment of hourly paid workers increased 23% in 1941 over 1940. Y The average weekly employment in 1941 was 221,709, compared with an average weekly employment of 180,576 in 1940. Average weekly earnings of hourly paid employees in 1941 were $43.40 or 14% above the previous year. ' > In November, the. latest month for which the Government has pub¬ lished figures, General Motors average hourly wage rate was 33 cents an hour aoove the average for all manufacturing industry in United States, or 42% above the average* In the same month, the average weekly earnings of General Motors hourly-paid men and women were $45.90, compared to $32.81 for all manufacturing industry in the country. This is a difference of 40%. In May, 1941, General Motors wages were increased 10 cents an hour, which was approximately an average increase of 10%. Between May, 1941, and December, 1941, the cost of living of wage earners in the United States, according to the U. S. Department of Labor, increased 7.4%.—V. 155, p. 600. freight, "V V" ' of returns, General Railway Signal Calendar Years— Gross 1940 etc.) V. 480,109,939 amount last year 155, p. 50. dividend a 50,000 25,000 $2,443,433 78,557 $561,875 82,363 ———$2,521,991 income *1,725,000 $644,238 117,477 $.796,991 $526,761 135,150 137,621 of Cost Total Net Profit 26,440,580 41,097,069 21,394,348 $128,787 99,780,000 44,262,000 Provision for Federal taxes on operating income (allocated portion—see note) from sale of ■ per $148,095 $143,875 — 4,357 10,230 4,259 4,662 4,384 Net $139,935 $124,624 41,971 41,718 not wholly owned from reserve —* Miscellaneous other doubtful income 2,696,199 3,809,631 - for accounts-- Dividends $181,906 141,048 $166,342 124,372 3,497,742 46,307,373 Earned $120,500 78,782 : taxes —42,897,373 - — — 41,284,478 and other income 100,401,470 96,967,152 Interest on outstanding bonds—:———21,979 Provision for contingencies 10,000,000 10,000,000 Operating Dividends 90,401,470 preferred on stock 86,945,173 7,599,825 7,599,8^25 __ and State Liabilities—Federal $4,643; taxes, common stock per depreciation in applicable to common stock Including the difference between E. I. du Pont de Nemours & Co.'s equity in profits or losses 82,801,645 Prov. received from such earned on amount Shares of companies, the stock is 79,829,293 outstanding during average number of shares treasury 11,040,087 $7.23 $7.50 — Note—Total provision for Federal taxes on income -amounts to 1941 and $47,437,000 in 1940, of which the portion representing tax on "excess profits" as defined by the law in effect for the respective years is $70,250,000 in 1941 and $19,345,000 in 1940. in $103,190,000 Statement of Consolidated Surplus, Dec. 31 1941 . Net for the income 90,401,470 year resulting Adjustment from vestment in General 1940 $ 264,254,797 256,368,715 Surplus at beginning of year revaluation of in- 86,945,173 ' Motors Corp. 5,500,000 f> 5,500,000 Excess of market value over par value of 56,750 of shares for common stock issued in exchange 7,753,469 Corp. Equity in earnings of du Pont Film Manufac¬ turing Corp. not distributed during period of partial ownership but realized upon liquida- Total of tion Refund subsidiary that from respect to , 713,191' Difference between cost and the value placed on common 1 Preferred dividends Common . stock awarded under bonus plan Total dividends . 345,657 /. 1 370,288,145 349,159,545 ($4.50 each year) 7,599,825 7,599,825 77,452,648 each year) ($7 ; 77,304,923 from ruling a Federal of Judge Ben Moore *fn accordance common in to du the stock March, withi a 285,235,672 264,254,797 practice followed since 1925 the Pont General is books company's investment in carried was adjusted on the of amount Motors the at Corp. company 1940, to $202,500,000 $208,000,000 ($20.80 a ($20.25 a share), and in March, 1941, share), which closely corresponded to the equity indicated by the consolidated balance sheets of General Motors Corp. at Dec. 31, 1939, and Dec. 31, 1940, respectively. The net amount so added to surplus from 1925 to 1941, inclusive, is $150,378,242. Also, there was added to surplus in prior years $4,364,113 as a result of revaluing a Canadian investment carried in ventments." YYY.- "other securities and in• . •, — ——, 465,061 ' — 309,913 1,729,339 128,500 34,271 ...—- — 1,737,929 1,738,019 1,717,450 — — 6,420,000 Y 1,376,609 $15,800,970 $12,291,922 - )n market value of $41,166 in 1941 and estimated market value Dec, 31, 1941, was fRepresented by 321,000 no par shares. of $3,677,414 in 1941 and $3,410,137 in liRepresented by shares of $100 par.—V. 154, p. 1264. in The 1940. tLess amortization. Consolidated reorganization petition of the company (& Subs.)—-Earnings-— Earnings for the Year Ended operations — Interest on bonds—-——.—— "Transfer to reserve for depreciation Profit office of the Southern District Clerk. appeal will be taken to the Fourth Circuit Court of Dec. 31, 1941 ^ $1,974,639 from ——-■-•—— 270,756 496,750 . for war contracts 119.943 and legal fees — Reserved for Dominion income and excess profits taxes— 5,750 85,665 440,000 Special depreciation on equip, purchased Directors' fees and emoluments— of Salaries officers ' ; Net pand Gear Output For Plans for the construction Corp.—New Plant To Ex¬ Dividend Aeronautical Engines— of a new mulated The increase new plant will built be and equipped by the new ;f, (Peter) Fox Brewing Co.—^Earnings Shares income com. Earnings - stk. per outstg.;; share ' 1941 $228,203 1940 $208,135 /125.000 124,600 $1.83 $1.66 1939 1938 $161,056 $158,552 120,675 116,977 $1.32 t$1.33 compared with $1,907,752 for 6 months ended Dec. 31, for transferred in 1941 from the accu¬ in order to reduce the deferred reorganization of funded debt. Y Y depreciation Balance Sheet, Dec. 31, 1941 . *' ■ \ $184,616; Liabilities—Accounts payable payable reserve and accrued liabilities, $846,579; taxes interest on bonds, $56,415; and accrued, $474,193; accrued depreciation of buildings and for equipment used in business, first mortgage bonds of subsidiary company, $66,000; first bonds, $6,127,000; 7% cumulative participating preferred shares, $4,500,000; common stock (310,879 no par shares), $1,111,014; $5,954,366; mortgage surplus, $555,448; total, $19,691,015.—V. 155, p. 600.* (B. F.) Goodrich Co.—Announces New Line— formerly employed is now prohibited by the manufacture of hand stamps, due to the war emergency, the company announces a new line of compounds mado from "Ameripol," the synthetic rubber developed in its own labora¬ tories, and also compounds from reclaimed rubber. They can be used in making hand-daters, logotypes and toy stamping sets, the announce¬ ment said.—V. 155, p. 540. crude for rubber the dividend tAfter depreciation, Federal income taxes, etc. requirements of 7,577 shares (par $10) of 6% preferred stock. Sales for the 6 months ended Dec. 31, 1941, were $2,183,572 "After 327,150 155,439 i accounts receivable less reserves, $1,486,003; sundry debtors, $26,627; inventories, $4,153,558; mortgages, etc., $66,819; investment in subsidiary company (not consolidated), $117,062; deferred charges, $36,140: expenditures in connection with reor¬ ganization of funded debt, $485,061; fixed assets (net), $13,135,129; total, $19,691,015. Assets—Cash, plant is expected 6 Mos. End. Dec. 31— stock- Consolidated Defense Plant $555,769 cumulative and participating pfd. shrs— of $50,000 has been reserve Government •Net — 7% common expenditures in connection with completion scheduled for next to be ready for operation by next December or January. ;Y ^ .;Y This will be the second plant to be devoted by Foote Bros, entirely to the manufacture of aeronautical gears, pinions and parts. The first was acquired by the company last year under an Emergency Plant Facilities contract and is only now being brought fully to com¬ pletion, the announcement said. ' The corporation now employs approximately 2,000 workers and will increase that number when the new plant is finished to around 3,000, it was added.—V. 155, p. 361. The on on amount "An $2,200,000 plant to provide for a in the output of precision gears,- pinions and parts manufactured by this corporation for aeronautical engines used in naval and military aircraft were announced on Feb. 5. large profit Dividends Because "Surplus at end of year $2,284,700 1,500,000 other taxes_— General Steel Wares Ltd. at * which and ————— $136,433 Appeals at Richmond by Edgar B. Sims, State Auditor of West Virginia, and nine others, including representatives of Wisconsin, Maryland, Iowa and Tennessee, in which States the company also operated.—V. 155, p. 189. May. 1,665,218 S. Government in for the year 1933 U. taxes income . $2,231,100 6,420,000 "After reserves for shrinkage reduce the surplus accounts the amount of $775,795.— struction, entirely without windows. Construction will begin at once with v. 85,017 $15,800,970 $12,291,922 . payable surplus surplus Earned Corporation and leased to the company for an indefinite period. It will be adjacent to Foote Bros.' present industrial gear plant located at 5301 South Western Boulevard, Chicago, 111. The building will have a floor area of 100,000 square feet and will be of blackout con¬ minority interest in du Pont Film Manu¬ facturing appeal Foote Bros. Gear & Machine ' " — — §After reserve for depreciation Charleston, W. Va., accepting a The .2,381,689 45,685 7,800 36,941 7,800 86,582 advs estate stock $192,361. has been filed in the 11,054,973 — Amount earned a share——— of 171,130 3,857,500 — - stock Federal for 1940. Notice 82,889,538 151,195 and invests, I. Paid-in capital shares Fidelity Assurance Association of Wheeling, W. Va.— Court Ruling Appealed— stock common excluding period, in common real on 547,181 — , — - 710,072 220,621 671,328 . - Dividends (par 20 79,345,348 of controlled companies not wholly owned and dividends ? 1,696,158 769,124 2,282,521 « payable to banks——w—; Accounts payable and accrued expenses V. 154, p. 862. Balance — Notes the value of investment securities (cost versus quoted market prices) would at Dec. 31, 1941, if reflected therein, in 1 Q/lf) $2,209,919 3,994,707 Liabilities— $2,1507 account receiv¬ share), $158,763; paid-in surplus, $2,450,053; other surplus, $268; earned surplus, $39,443; treasury stock (107,146 at cost), Dr.$273,527; total, $2,379,642. cents Note—Unrealized Net income for year rec. SCommon marketable securities (at cost), $2,310,451; deferred Federal capital stock tax, $1,624; total, $2,379,642. income—rafter provision for Federal. ;, t $2,186,118 3,912,703 Prepaid expenses and deferred charges 1941 AssetS-fCash, $65,387; dividends receivable, 1 - companies etc., ; and UPreferred Dec. 31, — affil., work unbilled Mortgage able from underwriter, $30; other in employees $41,718 .$41,971 $40,859 $39,443 Dec. 31 Balance Sheet, '3,175,000 3,410,000 surp. $1.21 1 QA 1 _ - Total 44,459,478 less—provision for Federal taxes on other in¬ come (allocated portion—see note) —' Sheet, Dec, 31 .•••.'.• • "Market securities at cost 4,263,279 (net) '•.».- Officers 41,653 $182,722 143,279 Total 1,500,000 . etc.——— Inventories $78,847 40,859 1__ 321,000 $2.06 2,061,100 Contract 6,171 • $141,863 income 160,500 321,000 — —„ receivable* Accounts ; Earned surplus Jan. . — Investments 55,682,674 37,500,000 321,000 Cash 6,571 13,491 Taxes share—, Balance $105,080 3,901 * — - stock outstanding. (no par)—— fixtures, tPatents, etc. $150,216 — fees ——— —— stock stock———--- common copi. AcQOfd. Income from investment in controlled companies Reversion - preferred on on IPlant, 3,969 Total Expenses on "Including $1,125,000 provision for excess profits taxes.' vyy- —-— —- Management Operating income, after provision for Federal taxes..—————57,504,097 Dividends from General Motors Corp. common stock 37,500,000 21,429 sec. Interest ; income Dividends 1938 $38,293 66,787 1939 $65,588 78,279 8 1940 $97,085 51,010 1941 Dividends 271,369,369 196,619,564 48,258,248 income Provision for Federal and other taxes to holders of Earnings goods sold and other operating charges (exclusive of charges shown separately below) Selling, general and administrative expenses Provision for depreciation and obsolescence operating Dividends Years End. Dec. 31— 84,148 112,018 197,226 854,893 profit Interest, dividends and sundry receipts (net)— Net Shares of 503,352,294 359,055,655 - 290,570 278,518 repairs- possible loss on investment in affiliates — foreign Equity Fund, Inc.—Earnings— Total 1940 $1,835,150 Provision against 12,893,655 revenues 1941 $4,283,036 ■ - patents and development—193,750 general and administrative expenses.1,026,764 Selling, 60 cents of and . Depreciation 346,162,000 23,242,355 __ operating 27, outward allowances, like A ^ declared payable March 31 stock, Co.—Earnings— ' profit Amortization of per share on record March 16. was paid on this issue on June 30, Sept. 30 and Dec. as compared with 50 cents in preceding quarters.— directors have common operating Maintenance Common Dividend El Paso Natural Gas Co.—60-Cent the $ an '■Including U. S. Govt, common ' tVrr,!L"*' * Motors reached doubtful accounts of $2,086,698. owned by at the end 1941 T' E.'Wilson, General 1940. (net Other 6,038,861 14,476,253 final stock for Reserve The V*,1 to subsidiary lescence [Including Wholly-Owned Companies] Sales awards 1,899,956 58,367,740 ' 23,704,878 20,383,601 —— & parcelled out to 38 firms in seven states. Two foundries, one and the other in West Virginia, cast the major parts. these foundries, plus a Navy Yard, a Pennsylvania construction company, a shipbuilder, and a machine tool builder take care of the annealing. Rough machining is handled by one Navy Yard, "a steel mill, and a locomotive manufacturer. Two Navy Yards, a third foundry company, a second shipbuilder, a manufacturer of safes, the steel mill, and the locomotive firm do the finish machining. Total weight of one of these hcbbing machines is more than 275 of 1941 payable, ad¬ - Statement of Consolidated Income for Calendar Years , for 9,865,665 1,899,956 . ttPreferred was 87,541 company's of Reserve stock were issued in exchange for the minority interest in du Pont Film Manu¬ facturing Corp. At the end of the year 11,122,512 shares of the com¬ pany's common stock were outstanding, compared with 11,065,762 at 56,750 1,899,956 stock— stock is Virginia One . 6,875,098 , 1940. of • 12,867,823 3,514,921 < 127,708,835 deb. five 2,017,661 ' 1,069,399,343 934,892,276 857,618,123 15,672,208 - of 40,790,667 hands of public. — 1,055,000 ""Common stock 222,450,240 221,315,240 221,315,240 OF DU PONT COMPANY duplications different 2,820,022 „ accounts ture announcement says. V'v major parts for the machine is by 12 separate states, and the miscellaneous parts manufac¬ an the in 30,091,712 under bonus plan— At the end of the year there were 67,567 common stockholders and 18,763 preferred stockholders, a total of 86,330. However, there are a number of instances in which a stockholder holds both classes of stock, 82,376 373,381,586 30,035,337 dividend foreign sources, before Federal taxes, amounted to about 5% of the company's total net income before Federal taxes, compared with 7% for 1940. It is the practice to include in the accounts income from foreign investments only upon conversion into dollars and receipt in this country. and 410,779,212 3,879,751 - - value Rod. Total income from all OWNERSHIP 4,993,274 455,835,207 payable vances, etc. smaller. somewhat 5,705,381 flAccrued liabilities exclusive of earnings of three small units, figures for which are available, were larger than for 1940, although dividends received were 40,169,897 38,980,023 — — of Production in — 5,336,102 . — Miscellaneous to given was year 1940. The increase in dollar value of export sales was largely to sales in South America. aggregate net earnings of the company's foreign affili¬ ates, 197,000,000 eto. Dividends payable on pref. Income—The not 208,000,000 202,500,000 U. S. Government contract advances the due 9,981,000 38,363,807 charges Accounts working capital referred to above. Sales—Export sales were about 10% greater than for 1940; such sales were about 6%- of the company's total sales, compared with 8% for 2,105,020 19,979,306 companies property Liabilities— United this problem, and to the restriction of credit terms in many markets, with the result that no foreign exchange loss of consequence* occurred; •nor is any loss of consequence expected with respect to the $4,275,000 to 10,709,470 $24,968,354 affiliated ship populsion sets, subcontractors 7,805,545 100,200,000 Subcontracting— By subcontracting most of the foundry and machine work the com¬ pany is halving the 18 months' time it previously needed to build a 200-inch diameter hobbing machine to cut low-speed gears for cargo 51,538,062 receivable, — goodwill, Total Exchange—The unsettled conditions which continued in many foreign made it difficult to convert foreign currency into dollars transfer and Deferred countries for 119,701,749 26,017,392 62,378,951 stock acquired for awards bonus plan__ Patents, . . 29,534,023 employees under Plants which foreign items are carried amount at 120,280,677 investments Common of aggregate $ $ not wholly-owned and miscellane¬ ous invested a'ccounts in 1939 : 75,558,944 gGeneral Motors common stock foreign companies are included in the consolidated balance sheet at $17,665,700. > v The total working capital employed in foreign countries, consisting principally of accounts receivable, inventories and a small amount of foreign currency, is included in the consolidated balance sheet at $4,275,000, compared with $3,950,000 in 1940. 1 », * The aggregate of all foreign items, $22,254,000, is about 2% of the company's consolidated gross assets. Of this amount $20,700,000 is States. 1940 *71,058,209 securities Investment notes may FOREIGN BUSINESS Investments—Securities General Electric Co.—200-Inch Gear Hobbers Produced 139,413,401 Treasury notes——. Marketable the year • In Half Normal Time by :V — advances, etc. 1939, 600%. Treasury tax notes. ,..VV. .• 31 1941 receivable notes Miscellaneous 1, 1943, in payment of Federal taxes on income. Aug. ' — and Inventories are and with •• Sheet, Dec. . Accounts 100%, Balance YYy '-'YY.: v ,' Y-- ; , 8%. company's total direct taxes ^ • Consolidated [Including Wholly-Owned Subsidiary Companies] estimated to amount to approximately $115,000,000, Of this amount about $107,500,000 is payable to the Federal Government, compared with $50,200,000 for In '••..* . % Because of the increase in rates and change in the method of computation, the amount of company's "excess profits" tax in 1941 would have been Increased about 71.% over 1940 even if the amount of earnings before taxes had been the same in each year; however, the "normal" tax profits" before deduction of the "normal" tax. as 1940. Note—Above- report does not include figures for the Fox de Luxe Brewing Co., Grand Rapids.—V. 154, p. 1191. '■ " .* (W. T,).. Grant Co.—January Sales- Period End. Jan. 31— Sales —V. — 155, p. 502. 1942—Month—1941 1942—12 Mos.—1941 $8,892,711 $6,654,929 $130,555,475 $111,774,965 THE COMMERCIAL & FINANCIAL CHRONICLE 638 Consolidated Balance Great Northern Power Co.—Bonds Called— total A $192,000 of first mortgage 5% gold bonds due Feb. 1, 1950, have been called for redemption as of March 11 at 103% &nd interest. Payment will be made at the Irving Trust Co., successor trustee, 1 Wall Street, New York City.—V. 152, p. 1130. y/: Period End. $2,890,355 $53,785,963 $47,210,893 $3,859,235 —V. 155, p. 156. The voting trustees ration ment counts receivable $8,313,714 $7,080,421 80,058,881 76,119,874 — Canada ; 1,276,000 52,691 — — to settlement agent, to make payment thereof on Feb. 10, 1942, to holders of record 5, 1942. ■ ;' ,:V^ Checks will be mailed Feb. 10, 1942, and it will not be necessary for . , be presented to the corporation for endorsement of this liquidating dividend. ,/y ;y O.,- •'" ' S:;S. The Union Guardian Trust Co., Detroit, Mich., is transfer agent. certificates to etc 12,778 609,445 Gross $232,743 Operating Pro v. expenses—. taxes—Gen.. for $2,375,522 $2,008,235 93,116 15,750 17,140 1,254,686 199,981 127,833 995,987 181,353 10,038 13,812 income—. Federal Federal Prov. $193,299 128,399 revenue__-. for ~15,833 15,833 m6o5 $45,119 and $51,460 18,669 219,185 deduct.. other $540,018 238,554 $507,012 16,070 income Gross profits, excess and current Miscellaneous income Divs. on pref. stock- $287,827 and liabilities—, Canadian for 940,279 Balance 144,500 14,500,000 - 750,619 interest in subsidiary company preferred stock ($100 par)...*. stock 40,857 35,357 18,000,000 537,458 18,431,975 696,794 11,644,191 — 11,008,917 from manufacturing Depreciation Amortization t Provision — leasehold of reduce to Profit Interest — improvements. investment in 14,239 — 8,503 — ——— — Gross income — — .— §Adjustment of reserve for exchange difference Provision for Federal profit Canadian and Earnings per share on ♦After write-off of common leasehold Palm Beach amounting (before income an as of — ; profits taxes— excess $823,259 493,695 $4.59 ——— — Dividends paid on common and tions Dr.4,836 Cr.3,993 276,700 23,300 — Canadian income taxes and Provision for Federal Net $1,124,101 i-l class A stockstock — and after loss on building a of declared the on $6 dividend a 2nd cum. of pref. $18 per stock, share on , quarterly dividend regular (not consolidated) to reported book value at Sept. 30, 1941. ^Arising through conversion of Canadian subsidiary company's finan¬ cial statements for consolidation, from Canadian dollars to United States dollars and exchange differences on inter-company account. r SOn funds on deposit in Canada by the parent company, and on cost of $25,000,000 par value Dominion of Canada Second War Loan 3% Bonds, due Oct. 1, 1952, owned by the parent company, and on interest receivable accrued Consolidated Assets—Cash bank ($375) on hand Interest in of banks, Canada Sept. 30, 1941 Committee Practice Uniform Securities for exchange difference between United States and Canadian dollars ($2,844), $22,594; market securities (at cost), $198,034; accrued interest receivable, $2,436; accounts receivable— customers (net), $443,819; merchandise inventories, $727,723; inven¬ tory of antiques (held for resale, at cost), $9,565; advances to sales¬ men and employees, $15,264; investment in and advances to whollyowned subsidiary company, not consolidated (less reserve), $12,620; deposit on lease, etc., $1,425; sundry accounts receivable, $3,911; fixed assets (net), $372,645; deferred charges, $107,323; formulae, trade¬ marks, etc., $1; total, $2,745,320. Liabilities—Accounts payable, $111,771; customers' credit balances, $20,237; accrued salaries, expenses, etc., $320,836; reserve for Federal and Canadian income and manufacturers excise taxes, $323,895; mort¬ gage payable, $24,600; $1 cumulative class A stock, $99,550; common stock (157,658 no par shares), $157,658; paid-in surplus, $558,250; earned surplus, $1,128,523; total, $2,745,320.—V. 155, p. 503. ($25,063), less reserve Household Finance Consolidated Corp.—Annual Report— Income Account 1941 Years 1938 1939 $20,900,243 $18,208,964 $17,904,048 12,310,890 — Calendar 1940 Gross income from oper. $22,649,346 ♦Operating expenses for 11,349,248 10,441,308 10,076,989 Co. Feb. Dealers, Other income Gross $10,338,455 credits— 6,023 income Interest paid $10,344,478 12,267 ; $9,563,262 $7,781,766 600,392 482,902 2,429,837 308,088 1,421,761 1,257,000 125,000 Federal & Dominion tax $7,827,059 17,835 14,110 2,993,369 205,000 300,000 - - $7,767,656 $9,550,995 $7,844,894 266,463 1,412,949 Prov. for Federal excess ; profits tax Prov. for contingencies int. against suh. comp'y Minority earns, 5,776 pref. stock Common 3,472 6,901 4,570 $5,362,942 $6,142,051 $6,045,017 $6,160,913 900,000 900,000 900,000 3,668,989 3,664,469 900,000 3,685,138 $793,953 730,407 $0.11 $1,577,582 737,279 $7.11 $1,459,879 736,886 $6.98 of Net income 5% -—— divs dividends Balance, surplus outstanding .—_ Com. shares Earnings per share ♦Includes provision for losses on 3,584,182 $1,676,731 716,781 $7.34 instalment notes receivable. Summary of Consolidated Capital Surplus Calendar Years— 1941 1940 beginning of the year— Charge—premium on miscellaneous purchases $696,794 $687,994 and sales of treasury stock (net)——— 159,336 Summary of the During on Net income __— —— — — $537,458 Surplus 1941 $696,794 $9,676,556 5,362,942 Consolidated Earned Balance at beginning of the year— The for 750. —— —— —— stock 6,142,051 1940 . tBalance at end of the year ♦And expenses $16,371,859 $15,818,606 900,000 3,668,089 - ——, Transferred to reserve for contingencies—. ♦Excess of cost over sale price— of 20,273 shares of under stock ownership plan. — common —— 900,000 3,664,469 245,220 158,679 $11,644,191 $11,008,917 stock' sold to employees t$826,220.42 of surplus of Canadian sub¬ sidiary restricted until certain Canadian bank loans are paid. 4,150 384 17,311 8,904 25,904 $179,040 $118,913 $165,350 261,120 261,120 522,240 522,240 13,051 13,051 26,101 26,101 $95,131 $429,428 $382,991 $95,131 $429,428 $889,321 y disct. , District No. Inc., of 13, the National Association of secur.. corporation 506,330 — $288,962 ... of state a any, securities on does prohibition of them in The corporation betweeh war income has-no the unless they are knowledge since the and Italy of United States consequence thereof, in the status of lire income bank balances in Italy. Further, because of the as a and of include not by other means. changes, if announces: lire between the two countries, the com¬ parative statement of dividends and interest received in lire during the respective periods, given below, may be incomplete as to transactions subsequent to June 30, 1941. * be may or of communications from tlncome realization restricted of lire through arose the pay¬ of expenses in Italy with restricted lire; through the purchase restricted lire of molybdenite concentrates in December, 1940; ment with through the payment in January, 1941, with restricted lire, of $109,590, amount of Jan. 1, 1941 coupons on the corporation's 35-year 6% a remittance in January, 1941, of $13,410 Guaranty Trust Co. of New York has been appointed co-registrar common no par stock.—V. 155, p. 156. " face gold debentures and through Indiana Gas & Chemical in Corp.—10-Cent Dividend— • The directors on paid Nov. 1, last. was cents per 20 was declared 6 dividend a of 10 cents per share on Dec. 28, Period End. —V. Jan. 155, p. y ; 157. (of Del.)—Annual Report— President, states in part: the financial statements, attention is directed to country- and in Italy on the use of corporation's assets. By reason of the fact that a substantial part of the outstanding securities of Italian Superpower Corp. is owned and controlled by Italian interests, Italian Superpower Corp. is an Italian "national" and, as a result, without a license from the Sec¬ retary of the Treasury, corporation's assets in this country cannot be used by it, the transfer of its portfolio securities which are located in Italy is prohibited, and the acquisition of further securities in Italy is also prohibited. Exchange restrictions in effect in Italy since Novem¬ ber, 1935, have prevented the direct conversion of lire into U. S. currency. All securities owned by corporation are held in Italy for T. Hanscom, With respect to . , restrictions imposed both in this the account sale are of corporation subject to the ai^d together restrictions at with the present in proceeds of any force in Italy. all securities normally is collected and. deposited in Italy and the disposal of such deposits is also restricted by govern¬ mental regulations. The coiporafcion has no knowledge of changes, if any, as a consequence of the existence of a state of \war between the United States and Italy, in the status cf the securities that have,: been held in Italy for the account of corporation and the lire on deposit in Italy, or with respect to the income that may be collected therefrom. Currency transactions and communications between the two countries are prohibited. The use of the official parity of exchange The income on of $.052634 per statements now lira in effect prior to the state of war, in -the financial submitted order in should not be taken able in U. as an to express lire amounts in U. S. indication of the amounts realiz¬ S. currency. Because of the prohibition against communica¬ tions lira transactions in Italy subsequent to June 30, 1941, as recorded in the statements, may be incomplete. Solely as a matter of interest the securities of the corporation have priced at the lira market prices of Sept. 30, 1941, with one market price of July 31, 1941, was used, on Italian stock exchanges, being the latest prices obtainable, and the result expressed in U. S. currency at the official parity of exchange of $.052634 per lira in effect prior to the existence of a state, of war. This computation gave an amount of $39,412,836 as compared with $28,023,499 based on a similar computation as at Dec. 31, 1940, or an increase of $11,389,337. These amounts should not. be. taken as in any way indicating amounts realizable in U. S. currency. 1941—6 Mos.—1940 1941—12 Mos —1940 109,903 4.153,610 26.674,966 received in lire 1,912 338.987 362,420 828,474 111,816 4,492,597 27,037,386 27,766,283 $236,463 $1,423,086 $1,461,451 Interest y. the t received in lire.— Divs. $1,629,758 $31,297,296 $25,110,189 $2,256,348 currency. Total 1942—12 Mos.—1941 1942—Month—1941 31— - S. Period Ended Dec. 31— A The previous payment on this issue 1937.—V. 154, p. 1191. * Interstate Department Stores, Inc.—Sales— Sales U. SDeficit. share stock, payable Feb. 28 to holders of record Feb. 14. the common on Feb. — 26.937,809 $Equivalent in U. S. currency at the official parity of exchange of $.052634.—_— $5,885. tThe equivalent in U. S. currency of lire dividends, interest and profits on sales of securities not realized and not taken into income is included in "unrealized income from lire dividends, interest and profits on sales of securities" on the Dec. 31, 1941, balance sheet. The official parity of exchange of $.052634 per lira was in effect prior to the existence of state a transactions y currency y of war between between two the United States countries being and prohibited Italy: subse- quent thereto. Balance Sheet, Dec. y f Assets— :yy Investments —, Subscriptions to Cash—Dollars Lire on 31, 1941 - yy new 1 — . shares. $25,033,281 414,595 —, deposit in the United States...... on 291,082 deposit in Italy.(subject to exchange restrictions) receivable Accounts ... ... Unamortized discount on debentures.... 548.126 Total $29,010,745 Liabilities— , Interest accrued Debenture Accounts ^' yy > yyy gold debentures, series A. 35-year 6% coupons due Jan. 1, of 522,240 —— 1941 65,790 ... payable sales $8,704,000 — debentures—... on 2,270 —. Unrealized income on 2,722,209 1,453 from lire securities dividends, interest and profits : . 5,190,933 Capital, stock (no par)— v: $6 cumulative preferred stock (stated at $100) Common stock, class A (stated value $10) Common stock, class B, first series (stated value $10) Common stock, class B, seoond series (stated value $10). Capital surplus — ... ... Deficit 12,417,200 97,001 7,500 7,500 3,737,510 Drl,741,200 been exception where the lira According to advices received there were collected and deposited in Italy for corporation during the year 1941 as dividends and interest in Italian currency 26,674,965 lire .and 34,905 lire respectively upon securities owned by corporation and interest in Italian currency on lire bank balances amounting to 327,515 lire. This compared with 26,937,808 lire and 68,810 lire collected as dividends and interest respectively upon securities owned by corporation and 758,664 lire collected as interest on lire bank balances for the year 1940. As exchange restrictions in effect the direct has not conversion included of them lire in since November, 1935, have prevented deposits into U. S. currency corporation unless they were realized by other Total $29,010,745 existence of a state of war between the currency transactions between the two coun¬ tries are prohibited. The use of the official parity of exchange, which was in effect prior to the state of war, should not be taken as an Notes—(1) United Owing States to the and Italy, indication oi the amount realizable in U. S. currency. The "Lire on Deposit in Italy" and "Unrealized Income from Dividends, Interest and profits on Sales of Securities" shown on the balance sheet at Dec. 31, 1941, include all transactions of which the corporation had been advised. • However, owing to the existence of a state of war between the United States and Italy, communications between the two countries are prohibited and, therefore, no verifica¬ tion- was possible of the lire on deposit in Italy and lire transactions may have been consummated subsequent to June 30, 1941, of which the corporation has no record. Furthermore, the corporation has no knowledge of changes, if any, in the status of lire on deposit in Italy as a consequence of the existence of a state of war between the two countries.—V. 154, p. 244, 54; V. 153, 1132, 244; V. 152, p. 3971. (2) Lire income year 1941 income from realization of restricted lire $123,398. Of this amount $123,000 was realized as a the corporation received on Jan. 2 1941, $13,410 U. S, currency for blocked lire and paid $109,590 face amount of Jan. 1, 1941, coupons of this corporation's debentures in blocked lire. The remainder of $398 arose through the payment of amounted Jonas & the to result of arrangements made whereby Italy with blocked lire. Corporation sold for U. 8. currency in February, 1941, the quantity Molybdenite concentrates which it had acquired for blocked lire in December, 1940, and as a result of this transaction the dollar balance of corporation was increased by $234,163 after payment in U. 3. dollars of handling charges, insurance and commission involved in Naumburgr Years End. Oct. 3L— Gross profit from Selling Corp.- -Earnings— *1941 sales General Profit Income from ♦1940 +1939 $593,354 $101,784 45,863 156,372 $$100,451 tl938 153,227 $335,484 38,147 122,885 $778,458 12,620 $399,464 $174,452 84,308 7,855 21,117 $791,078 $483,772 $182,307 $$79,334 53,182 $1,031,702 51,682 expenses—201,563 expenses—., oper—.... credits 40,663 of Dividends—Cash; 5% preferred stock Common of sales on the the expenses in Total 7,235 1,518 ♦Dividends and interest in lire on securities owned by the corpora¬ tion and interest in lire on the corporation's bank balance in Italy ate being collected and deposited in Italy by the corporation's representa¬ tive. As exchange restrictions, in effect since November, 1935, have prevented the direct conversion of these deposits into U. S. currency, except for a remittance for restricted lire of $13,410, in January, 1941, Co-registrar— During .**• $11,008,917 — Calendar Years— 12,109 1,845 means. .. Balance at end of the year-——— 6,250 §$14,792 ; debentures. on Net loss for period Cr8,800 Balance at 10,109 debentures Loss , settled prior thereto on one day's written notice. ...■■■■ .iy-yy ,y.:> y ' All transactions on and after Friday, Feb. 6, 1942, shall be "regular way" unless otherwise specified. • ' . 1942, 10, currency, Net income from oper. 8,185 $288,962' "when, as and if issued" contracts in Houston Lighting & Power. common stock (without par value) shall be settled on Tuesday, P. $827,961; cash in Canadian War Loan 3% Bonds $210,825 8,064 > y.—— existence Italian Superpower Corp. Second $149,507 4,885 1,111 Amortization , The bonds. Balance Sheet, and Dominion and said on $209,330 3,585 —...i—.j——,> realized ing— $210,825 '$398 expenses. Balance Co.—Common Stock Rul- Houston Lighting & Power $123,398 $209,330 3 to , of $1.75 per share was paid 1 to holders of record Dec. 22. $7 each; and Dec. 29, $5.25 per share.—V. 154, p. 10, like amount subsidiary company r .26,109 expenses...—.. Taxes account payable March 14. * - registrar other and $25 accumulations of opera¬ prior years. tAnd advances to wholly owned South American $398 Hawley Pulp & Paper Co.—Accumulated Dividend— improvements made during the year at to $1,702, depreciation) amounting to $4,344, and after including amount of $3,349 representing net adjustments in respect 6% Salaries, rent and other All f Adjustment Co. principal Legal and account, fees outstanding—1941, 737,389 shares, less 6,982 shares in 1940, 737,389 shares, less 110 shares in treasury, at a stated each (subject to reservation for stock ownership plan— 1941 and 1940, 80,000 shares). tAfter reserve for depreciation and amortization of $547,112 in 1941 and $458,017 in 1940.—V. 155, p. 190. $1,115,598 — ... income lire 1941—12 Mos.—1940 _ .... — ... agent, and 1941, all accruals on the 1st pref. stock were paid, distributions being made on this issue as follows: May It July 1, Aug. 1, Oct. 1 and Nov. $1,152,542 17,177 5,528 —— Electric 27,500 and 1941—6 Mos.—1940 expenses $7 cum. 1st pref. stock on Jan. Ended Sept. 30, 1941 and trading — of par of treasury; A Consolidated Earnings for the Year realiz. concentrates. Total and holders of record Feb. Subs.)—Earnings— at sales sale of molyb¬ on Transf. $89,107,982 $85,236;259 — from denite ..... Helena Rubinstein, Inc., (& ♦Income $234,450 total restricted.liret—— Profit 651,585 18,260,175 * Total /; 18,000,000 _—... surplus Earned surplus ♦Income 179,452 14,000,000 — Capital 67,014 $221,027 $27,207 $23,537 155, p. 51. The Selt-Valdarno in redemption Period Ended Dec. 31— fluctuations ——— The directors have —V. investment by Comparative Statement of Income . 955,407 ..... exchange contingencies ♦Common $301,464 66,799 $32,791 5,584 $29,050 5,513 The bonds. ' : 2,677,800 — loans—banks——_— Reserves .w--'. 4,445,1644 „———— Serial • .1 on Net said — and Dominion income, capital stock taxes— Dividends payable Federal value Int. $500,000 $500,000 .... lire. reduced of redemption of securities amounted to 28,020 lire ($1,474 at the official parity of exchange). A stock dividend of 132 shares of Tirrena Telephone Co. class "B" stock was received on the holdings of shares in that company. payable—banks ra.—. 19,427,360 17,088,770 payable—employees, officers and others* y ;.:> pursuant to thrift plan..—iL— >/•; 401,770 525,330 ♦Issued 190,000 462 was amount Notes 100,877 96,010 19,541 profits depreciation- excess for bonds Notes 5% 1941—12 Mos.—1940 1941—Month—1940 sold $89,107,982 $85,236,259 (due currently) Minority Gulf Power Co.— Earnings— 52,836 6,870 675,826 Liabilities— Serial loans—banks . Period Ended Dec. 31— 84,905 ;: 67,980 lire In addition, corporation subscribed for 43,054 additional shares Co. for Manufacture and Electricity stock at an aggregate loan war __ for ($3,578 at the official parity of exchange:). of Terni price of 8,955,242 lire ($471,350 at the official parity of exchange) of which 2,927,682 lire have been paid, 130,492 shares of Piedmont HydroElectric Co. stock at an aggregate price of 6,785,584 lire. ($357,152 at the official parity of exchange) of which 2,218,364 lire have been paid. The total purchases of and subscriptions for these shares of stock amounted to 20,856,737 lire ($1,097,773 at the official parity of ex¬ change). In this connection rights to purchase 6/13th share Piedmont •Hydro-Electric Co. stock were sold for 30 lire, rights to purchase Vt share Adriatic Electric Co. stock were sold for 28 lire and rights to purchase 14/50th share Tirrena Telephone Co. class "B" stock were 1940 Total ;v- announce amount in such Feb. 1941 (net) of ——— Other receivables, Initial Pay Detroit—To receipt of distribution from this corpo¬ pay 10 % of the principal of the net fund evidenced by outstanding settle¬ fund certificates and have authorized the corporation, as their sufficient to receivable Dominion in bonds stock "B" 31 tOffice equipment and .improvements Guardian Depositors Corp., Liquidating Dividend — contribution notes Investment 1942—12 Mos.—1941 1942—Month—1941 Jan. 31— ... Instalment Dec. 1 ...■ , hand and in banks Cash on Corporation's common stock reacquired for sale under stock ownership plan Travel advances and employees' notes and ac¬ (H. L.) Green Co.—January Sales— Sales Sheet, Assets— of Tuesday, February 10, 1942 the transactions. During the year corporation purchased through the exercise of rights 18,380 Shares of General Italianu Edison Co. stock for 4,650,215 lire ($244,759, at the official parity of exchange), 4,323 shares of Adriatic Electric Co. stock for 397,716 lire ($20,933 at the official parity of exchange) and 132 shares of Tirrena Telephone Co. class Gross Income income charges 181,016 25,968 33,815 j?rov. for income taxes 285,000 91,314 30,474 for the year $325,062 $366,489 $118,018 paid shr. on cap. 225,975 207,277 30;899 $1.16 $1.24 $0.38 Net inc. Dividends Earns, stock per ; ♦Company only, tlncluding subsidiaries. J Loss. i $$132,516 Nil • ' i' ;:,r Balance. Sheet,'; Oct.' 31, 1941 , .'7-y: and Liabilities—Notes and accounts loans payable to 194i *Net profit/ share of "common stock per _ sales Net Cost "1940 Sept. 3, and 2 Profit 2,914,685 Total; profit • 572,661 589,392 131,792 124,409 directors have declared addition in the on $269,261 82,515 quarterly both payable stock, common Similar 20. Fed. and inc. profits Net Gross taxes, $341,487 ,$351,776 12,676 10,836 stk. com. (ho par) Earnings per share—. , 4,252 $282,128 for Gross 183,045 251,096; 122,030 $2.31 31, Oct. Sheet, Divs. Net cents 1941 dividend of 50 cents < of 25 cents was made > payable,-.$296,465; accrued wages, taxes, etc.,. Federal taxes on income, $156,425; common £ stock (122,030 no par shares), $402,142; surplus arising from retire¬ ment of preferred stock, $355,560; earned surplus, $1,913,800; total, $3,223,531.—V;. 155, p. 52. '« -Sr ' "j \ ,'j 1 i 1 * - i V v* ' •> .''■(,* '' ^ hH. Earnings 1941—12 Mos.—1940 2,103,801 1,672,559 88,847 512,505 459,023 5,350 188,180 119,595 31,000 25,000 372,000 300,000 $74,667 $35,009 $820,192 $821,812 26,668 39,886 456,617 498,256 : •$4,877 $47,999 $363,575 or dividend of 15 cents share per 20.6r3 21,088 251,875 $111,699 1942 Stores in 1941 the Total other Ended Nov. 30 972,359 821,610 Sales —V. — 155, $1,181,609 $816,677 $351,994 49,524 57,258 49,130 ; 4,189,521 1940 $9,548,953 of Cost profit on sales_______—— warehouse and handling expenses Gross Net administrative and General :______ $1,306,459 279,839 201,251 expenses-^-_____________^___ Other income Federal < ■" Net Dividends ' 61,525 income- 221,236 tax income profit $972,087 ; from Deductions shares $690,224 $265,920 265,489 212,390 „paid Cash Shares share Earnings, per —— Sheet, $83,422 233.040 — —— $2.96 ' —-— Balance Oct. 31, $3.64 $6.66 fund for $5,766 $1.00 $2.60 and postwar adjust¬ tWartime employees. Jlncludes expenses. for doubtful provision notes and "Accounts $1,293,248 ._ — other bank, $325,000; accounts payable. $103.$79,540; provision for Federal taxes. $246,236; capital stock ($10 par), $2,913,000; cap'tal surplus, $2,747,747; earned surplus, $272,360; total, $6,687,572.—V. 150, p. 842. $414,209 Assets— The compares in p. payable $4 with of each ..... Stores Corp.—Sales Up— Period End. Jan. 31— Sales p. 307. Masonite } $1,919,471 s 155, 1942—Month—1941 r .'•• $1,460,834 $28,034,883 $24,030,779 '/ Corp.—Earnings— 16 Weeks Ended— •Net payable on stock common : 'After stock— share—. $343,257 $0.76- -. $441,059 $219,512 539.210 539 210 539.210 539.210 $0.58 $0.77, $0.35 depreciation, Federal income taxes, etc.—V. 154, p. 1266. credits 142,184 263,000 and been insurance— 7 454,195 45,170 265,517 2,130,874 1941 stock, 3,116,183 $11,046,600 $35,000 in $6,928,829 1940. tAfter notes—tax series B, to be applied 154, p. 1005. Mutual Life Insurance Co.—New Treasurer— elected treasurer, effective immediately, succeeding G. C. Turner, who is retiring on July 1 after 47 years of service with the company and who will be on leave of absence until Silloway, has been time.—rV. 155, jp, .401. Companies—10-Cent Dividend— the Oct. 28, 20 cents.—V. 154, p. 1056. Supply Co.—Arranges $6,000,000 Bank Loan —Proceeds To Retire $7,100,000 1st mtge. Bonds— announced Feb. 5 mat under a 10-year ment with Manufacturers Trust Co., it has borrowed maturing serially until Feb. 1, 1952, and bearing interest of 2%% annum. per Proceeds of the bank loan agree¬ $6,000,000, at the rate v ■ .. loan, together w'th other funds of the com¬ In be applied to the redemption of the company's outstanding this connection the company has called for redemDtion on March 9. 3942, outstanding in all the its first principal mortgage bonds. 33/4 amount of $7,100,000, . series due 1954, at the redemption interest. HUdprs may surrender their bonds at Peoples-Pittsburgh Trust Co. in Pittsburgh, or at Chemical Bank & Trust Co. in New York, at any time prior to the redemption date and receive payment in full.— V. 155, p. 541. V :/-v'price of 103%, plus accrued (J. J.) Newberry Co.—January Month of January— Niagara Share Corp. of Md.—Annual Report- ns revealed In lt4 debenture, $471 for for each share of class B common stock. Corresponding net asset values as of Dec. 31, 1940 were $2,819 for each $1,000 debenture, $583 for each class A preferred share, and $9.33 for each class B common share. Indicated value of investments of the corporation and subsidiaries at the end of 1941 was $20,609,663, compared wiCh $24,322,755 on of assets Net corporation the —V. 155, p. 193. on Dec. 31. 1941, report amounted to $2,535 for each $1,000 share of class A preferred stock, and $7.15 each F. J. that no 1940. Schoellkopf. Jr.. President, in his substantial changes were made during the ments had i941, $600,000 of its 5 Va % debentures, of which $586,000 1, May on presented prior been letter to stockholders, states In the corporation's invest¬ The corporation called for redemption at 102 year. In addition, the its debentures during the year, redeemed, were cancelled. It also to the clo^e of the year. corporation purchased $89,000 of which, together with the debentures purchased 1.015 shares of its preferred stock and common stock, which it holds in its treasury. Consolidated Years Ended Dec. Income 31— dividends — dividends Commissions Total — — income Miscellaneous gross income — —— — debt— funded on 48,700 shares of its Account 1941 $838,652 15,572 319.393 1,400 , 445 1940 $1,040,753 1,875 342.597 5.135 1956 $1,175,462 144.782 $1,391,315 461,757 99 499.354 21.443 3.721 5.764 23,120 — debt 1 Amortization of bond discount and expense Interest unfunded on redemption expense Income tax paid at source on debentures. ^ Federal foreign exchange on — debts bad for Provision taxes (net) for Federal taxes based on income— Adjustments of prior years' Provision tNet 2.0.54 309 — deductions Miscellaneous 7,478 A $516,070 162 023 class on class B common stock 1941 1940 $3,486,170 $3,010,106 ♦Paid in 427.424 $0.25 167.790 $0.36 of pavment. sale or disposal of investments. foreign exchange. ^Includes securities, stated tExclusive of gain or loss $115 net gain on $691,958 278 285 preferred stock— on 536 Crlt.265 i income Dividends 3,105 6 925 1.131 Special legal and audit fees Loss 5,868 3,551 15.122 4.048 507 taxes Miscellaneous 148.700 8.127 2.513 paid to foreign governments— — capital stock tax and payroll taxes Provision for State franchise taxes (partly est.) Taxes Earnings per share of class B common stock— Sales— 1942 $4,492,306 Commis¬ : annual Dividends Sales Industrial the with 154, p. 1193. General expenses National company deposit and $671,595 in Urquhart, former President of the Toronto Stock Exchange elected a director of the Roval Bank of Canada, has a director of Noranda Mines, Ltd., to replace Irving W. Bonbright, resigned.—V, Interest pany; w'll $805,119 1941 York,—jY. 152, ,p. ,837, 1761. Interest on Jan. 31 paid a dividend of 10 cents per share on value common stock to holders of record Jan. 30. During following distributions were made; Jan. 31, April 29 and company July 28, 10 cents each; and on in Noranda Mines, Ltd.—New Director— Norman •Taxable National Protective is $20 000 which tOf Dec. 31, par no $930,397 depreciation of $702,655 sioner, State of New 2,130,874 117,536 4,296,585 and 225,023 265,517 108,554 in ___—^ 285,020 i. — — — deducting •After 30,876 • • — $75,000 — — elected V-': — of 136* 6,033 374 13,984 recentlv 200,000 50,000 • — — tl,149,000 declared a dividend of 30 cents per share1 on the value, payable April 1 to holders of record March 21. A like amount was paid on April 1, July I, Oct. 1 and Dec. 22, 1941, as compared with 45 cents on Dec. 20, 1940 and 25 cents each on April 1, July 1 and Oct. 1, 1940.—V. 154, p. 1530. 1941, ■ $500,000 155 9.415 —-—— carrier for $617 490 86,014 __— reserve par . $805,119 —, ——146 24,106 518 4.634 —■■ J 0.000 unpaid matured deferred Other 1940. Murray-Ohio Mfg. Co.—30-Cent Dividend— no , $930,397 — ___; taxes 1,291,730 . : payment.—V. The . $500,000 Capital stock reduction accounts —54 Accounts payable ———____——_——^ 5.919 Notes payable to bank —— — 100,000 $1,264,132 _ — deducting $1,501,000, U. S. Treasury the 12,491 25,300 ——__—, Capital stock ($5 par) $6,928,829 . F. $698,505 11,392 t34,650 — $11,046,600 — Stuart 1940 1941 $783,559 — —-r— — _ $1) (par Total. common * — _ payrolls other expenses. customers income, estimated from payments taxes and insurance and taxes, "After Sheet, Dec. 31 " 1,650 Total Dec. 20,'41 Dec. 21.'40 Dec. 23.'39 Dec. 17.'38 $456,598 proPt Earnings, per $0.16 of $50,456. 20,206 14,706 10,559 297 7,047 358 14,000 Surplus ' - Shares $0.88 — Reserve * °':J ■;?.-y. I: 1942—12 Mos.—1941 $0.91 —»— Miscellaneous reserve Mnds. y- . 100,000 $1.20 53,131 19,302 Materials and supplies — 16,409 Interest receivable 266 Work, fund advances —— 5,790 Insurance premiums paid in advance —1,248 Carrier insurance fund 4,650 58,026 . surplus Apprec. surplus Earned surplus com¬ March 14 to holders of record March 7. This share paid on Dec. 15, last, and $2 per share preceding quarters of 1941. Compare—V. 154, *$9,408 100,000 — receivable Accounts 3,813 payable to bank—— Reserve for contingencies per 1004. —V. dividend of $2 per share on the $47,813 100,000 —- 2,474,770 4,600 ___ accounts The three the McLellan ' a $30,933 v 2,839,745 ._ Notes Associates—$2 Dividend— have declared directors stock, $15,592 : 25,000; . , bonds Municipal Bond mon * 93,614 " . $87,813 40,000 "Property and plant Miscellaneous physical property U. S. Government bonds Accrued exnenses, Ludlow Mfg. $90,933 60,000 ; tlncludes operatlng revenues (non-recurring) Liabilities- in ———, 100,000 stk. 1,238,302 charges - — $60,142 $5). (par 2,645,303 licenses- and trademarks Deferred Federal 27,749 29,920 538 2,053. surplus.— capital stock Earn, per sh. on cap. Cash Liab'lUies—Notes payable to to of 92,317 Patents, Total 39,217 . $120,142 60,000 2,582,795 assets equipment—L. and plant Property, that 1941 inventories, $281,466; ponds and appurtenances, buildings; machinery, etc. (net), $2,118,738; construc¬ tion in progress. $55,039; prepaid exoenses and unamortized taxes, $37,848; dismantled equipment, $17,919; total, $6,687,572. accrued $43,341 65,217 tax debt 4,145,506 89,176 receivable. notes and Investments $433,110; accounts receivable, $289,341; investments, $811,008; land, $2,643,103; ' salt 688; $117,734 outstanding Dividends 1940 1941 Assets—Cash, ■! $130,688 —$187,412 Fed & of Inventories 605,904 -- , surplus —_.———___ of capital stock ($10 par) Balance, $36,201 7,140 92,920 $689,326 —-— ■ 3,284 ; Total stock and $967,790 on The directors have Total 1,536 — Comparative Balance Sheet as of Nov. 30 146,718 — 103,690 Assets— $825,369 operating incomeincome 1 154,250 and accounts. ' Selling, 1,332 revenue. 19,499 Cash $1,768,775 597,354 share retirement Advance sold. goods $114,450 — paid per common Accrued $2,568,240 " 1,261,781 15,368 400,000 "Of ______ 19,833 243,000 2,650,000 Capital — 18,643 ; and income 265,5162/3 1942—Month—1941 1942—12 Mos.—1941 $3,498,963 $2,417,652 $50,462,492 $42,478,906 —-— - 16,146 1,700 contingent- for Earnings Earnings for the Year Ended Oct. 31, 1941 sales $401,124 9,627 $1,231,134 9,254 profits taxes— for Dividends Leslie Salt Co.—Earnings- Net $873,935 $4,908,609 9,865 Common , $129,152 income •Deficit, income excess 245. p. $186,080 Interest on unfund. debt Shares 70,715 Trade Period Ended Jan. 31— revenues. funded on $170,448 118,351 15,895 4710,169 cha rges_ Prov. Corp.—Sales Show Gain— Lerner Stores 1938 f$260,286 126,337 147,092 31,802 revenue Income 1938 $5,251,683 income Miscellaneous announced 3 Feb. 1939 1940 $308,046 ——— State Interest 1939 expense _ _ ♦Payments to trustees- earlier.—V; 155, p. 157. on 604. 163,653 41,643 operat. Local, $7,996,742 6,358,455 Interest that negotiations which have been carried on for some time have now been completed w.th the Defense Plant- Corporation, for using one of the company's foundries ior the production of steel castings. It is expected ihat this new line of business will mean an increase of approx.mately 800 employees over the present number now employed by the company. The company will continue in the production of iron castings. The plant laciities are being rearranged so that one of the foundry buildings w.U be used for steel production and the other for iron product.on. No decrease in productive capacity for iron castings will result from this change-over, the announcement added.—V. 155, p. 191. President, Ostergren, p. $391,376 Balance Laitey Foundry & Machine Co.—Adds New Line— o. $8.17 1941.—V. 155, 1941 . expenses Dividends 1940 1,250,138 ments J. $725,223 $7.66 resulting from trans-* $2,675,000 to periods prior to revenues—— Net 53,090 goods sold^i admin, and gen. Operating profit United and 61 Canadian stores a year $698,518 $2.22','fy to earlier periods. a credit of approximately Depreciation $4,855,519 of Total operation in January, 1942, totaled 733, of which 671 were States and 62 in Canada, compared with 676 American in $953,526 $1.79 Operating 1942—12 Mbs.—1941 ^^"$22,581,942 $10,848,766 16,476,285 8,694,798 <S. S.) Kresge Co.—January Sales— $12,655,233 $10,009,397 4,534,193 264. sales. • tProv. », 4,978,309 New York Transit Co.—Earnings— $70,493 1&42—1941 exp. to holders of record March 5. *■' During 1941, the following distributions were made: March 31, June 30 and Sept. 30, 15 cents each; and Dec. 20, 30 cents.—V. 147, p. 116. Month of January-*- in part Non-operating 155,. p. Cost stock, par $10, payable March 16 Sales >6,319,500 sifare per com. ,1,074,245 $1,235,197 - Calendar Years— 253,062 *$25,966 1941 the on 2,136,746, $9,379,526 $32,296,018 $34,429,223 8,426,000 31,597,500 33,704,000 $7,554,697 -• t_'_ _ tReflects $41,854,472 $33,495,445 $674,279,739 $546,009,661 Total a income- actions applicable $323,555 $27,306 stock- pref. Income Account, Years Net Kalamazoo .Vegetable Parchment Co.—15-Cent Div.— declared Dr391,770 $37,274,327 $38,963,416 •Figures have been adjusted to include only the applicable portion of certain adjustments booked In those periods but applicable in whole Net for directors have 412,960 1,182,754 deductions- net Total Balance'-™! . The $10,040,811 $37,666,097 $36,826,670 Dr220,579 $8,737,451 $10,453,771 Dividends Montgomery Ward & Co., Inc.—January Sales- Sell., common $8,958,030 income Interest Mueller Brass Co;—Annual Report— . , 56,566,937 228,947,952 218,734,706 36,317,577 145,988,428 141,893,744 10,208,549 t45,293,427 40,014,292 income, Total ) on 144,074 deduct.- other Sales . Liabilities—Accounts provision 1941—12 Mos.—1940 58,757,865 38,282,403 11,517,432 income,. net— oper. Other share per 17,948 income on —V. $101,140; *1941—3 Mos.*—1940 share per ■"Deficit. 131,411; ) $1.68 . surrender cash Telephone Co.—Earnings— New York < $494,906; $404; > x - 42,848 Balance 180,691 _., Assets—Cash, (nct>, year Period Ended Dec. 31— $3,372,983 income———__ Net $687,937; -notes receivable and accounts••. receivable ! inventories, $1,201,606; accrued interest receivable, 7 value of life insurance, $84,244; note receivable, customer, with collateral; balance, $17,914; miscellaneous investments, $319; investment in capital stock of 51% owned subsidiary company,., not consolidated, at cost, $119,848; land, buildings and equipment (net), $34 789; goodwill, $250,000; prepaid expenses and deferred charges, $20,565; total, $3,225,531. ' V. . y V / $3,996,677 depreciation- and Int. $221,239 122,030 $2.21 , • 48,913. , - Balance Consolidated A;■ 172,561 Period End. Jan. 31— •"") a Operating * '*58,813 , . $298,280 expenses for gen. taxes •Provision for Federal taxes On Income Only. r > : on $339,025 revenue Prov. $272,407-f 122,030 $2.94 ) 244,060 Dividends Shs. *58,743 $270,058 .156,425 $358,999 " *• „ ' " 1941—Month—1940 for Fed. inc. taxes • est.;— $7.50 March 10 to holders of record made in each of the seven preceding payments were Operating excess profit —.i--.--- of Mississippi Power Co.—Earnings— 65,118 u dividend a extra dividend of 25 an regular the to Period Ended Dec. 31— 117,998 75,506 4,108, year, month taxes_^_^--^ " $265,981 ■ last . expenses— 2,716,939 528,726" . $424,292 Gther expenses 29, out¬ above Operating Prov. _ 20. Dec. $22.50 per share.—V, 154, p. 1494. " • '_ )]'»1. s ' \- »H $3,5(0,952 $3,897,748 $519,530 exps / electric ' $207,289 income 4 reports of 6 952,481 kwh., or for the corresponding account on $100, payable March A like amount was paid on this issue par 1938 95,237 and inc. Other share per association ' \ ■'' ; reported as 619,384 mcf., an increase of 69,276 mcf.,* production of 550,108 mcf. in the corresponding ago.—V. 155, p. 604. ago. year Operating " - The other before $5 .Association—Output— this 1940, Prov. ' of pref. stock, quarters., In addition, an extra distribution Dec. 20, 1940.—V. 154, p. 1005. 2,846,896 expenses ; 581,605 Administrative exps.—.• 147,833 a revenues— 20, Feb. $3,817,330 Selling March dividend a cum. Minneapolis-Honeywell Regulator Co.—Extra Div.— 233,343 $0.61 1939 1940 ->$4,336,214 3,232,483 _ sales—;. of the 5% on 31, output is 12.59% or Operating , Subs.)~^Earnings- 1941 month 180. Jan. 53,320,339 kwh. This is an increase above production of 46,367,858 kwh. of and one of $5 on March 1, 1940. The previous payment was $2.50 in March, 1931. v.. After, the current disbursement, accruals on the pref. stock will Federal, income •After;, interest; deprec ation, amortization, Gtate and taxesl-rrV. 153, p. 89., •', Julian & Kokenge Co. <& declared have holders of record Feb. to 1 on Dec. and excess profits YearsEnd. Get. 31— directors The of accumulations $1,495,984 $2,391,287 ^ 212,998 $0.55 — ' Earnings 1941, amount to 3 Mos. End. Dec. 31— — 154, p. 1, Gas $109,745; Net Sales 14.99% and Dec. ended month the put per Merrimack Mfg. Co.—To Pay $5 Pref. Dividend— Joy Manufacturing Co.—Earnings— ! V For paid on March 1, June 3, Sept. 3 was a 22, June 2, Sept. 3 and Dec. 2, 1940.—V. and on Jan. accounts $545,815; banks, like amount dividend of 75 cents share on the $10, payable April 4 to holders of record March 16. stock, par common A accrued expenses (including income and excess protits taxes), $388,785; reserves, $156,140; common stock ($2.50 pan; $701,262; cap tal surplus (less $18,502 excess of cost over par value of treasury stock acquired during the current year); $339,379; earned surplus, $480,493; total, $2,719,620.—V. 154, p. 656. rayable, have declared The directors New England Gas & Electric Stores Co.—75-Cent Dividend— May Department > trade acceptances receivable (less reserves, $73,330), $419,204;- inventories,;r$l,643,210; advances, aga.nst merchandise, $20,119; mortgage receivable (payments due. within one year), $15,000; cash surrender value of insurance policies on lives of officers, $51,919; investments, $4,109; fixed assets (net), $208,031; deferred charges, $24,715; total, $2,719,620. $333,313; Assets—Cash, ^ FINANCIAL CHRONICLE THE COMMERCIAL & 155 M Number 4044 Volume on at marVet v«lue on d->tes 640 THE COMMERCIAL & FINANCIAL CHRONICLE vTuesday,^February 10,1942-r ] w.ci Consolidated Statement of Capital Surplus, Dec. 1941 31, Capital surplus, Jan. 1, 1941 Adjustment to par value of 1,015 shares of class A preferred stock purchased for treasury. :—* Adjustment to par value of 48,700 shares class B common v. stock purchased for treasury...... •Reserve - for fluctuation in value for additional reserve Total ... taxes ...— Capital surplus, Dec. 31, ■ *After < deducting 1941... thereto. loss , . ,' ■. of Materials Deferred Assets—• and dividends 4,628 173,595 14,322 ! Accounts Interest payable and Reserves 75,675 debentures, due 1950 conv. for Deferred taxes preferred common Capital 5,500,000 Earned certificates, Other current and advances deferred Other 900 2,756,000 ; 68,373 6,600,804 6,904,601 15,006 An •After "(Indicated present value. reserves. 154, 3 declared payable of the Electric directors common 14. This and 30 dividend a of cents 35 with Dec. on 25 21, cents share paid on per March 1941 $59,823,318 $54,906,348 March of l, 154, 152, have declaied ICC Jan. on State dends in Bank, trustee, as connection the obligation serial equip¬ to company with and the sold assume 99.069% at Co. of accrued net asset securities companies, ance the securities, In response 11 firms. based of thereto banking dealers five and of bids 2Va% and l 910. Sept. ■ <v. to be bid, St. divi¬ sales will purchase Dividends of Interest groups representing accrued dividends, by Salomon Brothers basis, the average be with 10 have declared made was cents Jan. on share per of and 3 2, last, and on Oct. from 1, 16. A similar cost 1941 Provision for doubtful Federal normal excess sundry deductions— tax of profit surtax..... preferred Provision lor •After stock of 5,000 tOn expenses. depreciation Assets—Cash, accounts $568,842; Sheet, selling, been computed the on at 1, Dec. 31, 209,765 that basis of current Nov. marketable administrative, 30, to —V. $73,145 205,719 *$24,641 The Other value of the $352,984 computed value and The to as on income, estimated r held for the owned Other Operating Operation Other • - — - - .w revenues $7,100; income Bank stock, taxes net assets to of Other Dross income Retirement Gross Interest, Interest, income 3,427,728 corporation's securities to $7.10 standing. The market of value before on at City of $4,942,596 _ bonds .....— i exp.__ $3,670,302 633,750 189,357 42,477 Income - $2,498,248 dividend requirements: : Preferred $2,800,704 319,000 —- prior preferred 1,275,991 Cr7|l50 53^641 Cr8,850 ... convertible > 136,812 debt 319 000 273,' 165 Common stock Note—The Federal common stock and dividends Is of the profits tax. company excess Feb. 20. $2 208 539 -^^^^jnQ.GOO opinion that it has no 10,377.651 213,487 (trade) $1,683,635 $1,352,216 399,076 349,494 26,556 60.608 **932,573 396.964 136,750 taxes 128,350 indebtedness of Inc.), due within (Pittsburgh one 50,000 3,661,250 year stock —— L-__ — no-par {Accumulated 155, p. 2,895,772 Drll5,838 $19,039,347 $16,573,074 and $78,029 in 1941 in depletion of $4,608,989 {Represented by 24,752 profits tax.—V. 3,624,921 Z - $96,480 6,124,444 Drl73,287 —— — and 133.890 2,329,523 6.121,444 stock ... shares. 2,917,650 243,907 2,329,523 —_ since in {After reserve $3,817,796 in §Represented by 621,460 shares. Jan. 31, 91. 1940. 1941 and 1936. **Includes excess . During 2 and (George) The annual 31, of on that date. shares of capital prices report, of Putnam of Boston—Fund Fund Continues This of per share one-fifth 31, Dec. on 1941, plus the Corp. distributed to stockholders on May 1941, a 16, • . 1940, the corporation was Consolidated than more Oil Corp. a of share year. " V accounted for by in net assets of shares of capital the total net assets distribution of common of the . 1940 1939 $1,462,197 $1,748,105 238 -119 121 $966,973 $1,412,852 $1,462,317 $1,748,225 11,707 12,244 10,920 the 1938 $1,412,614 5,000 11,188 1941 , ... 'eosiooo liability for discussing fees for Other Prov. 57,743 68,019 See { 148,425 effort 40,579 to Net inc. for paid in period $1,308,780 1,346,065 $1,334,951 1,598,373 $8,046 **$37,285 **$30,299 common; their the best quality "this is opinion ;.. assurance the the audited Fund. also is adopted A a new -. stock connection of with Consolidated the distribution Oil Corp. on of Sept. 394,660 26, shares 1938. which 57 13 income cents a that Oil and common, ' trustees « emphasize of investments during the time to sacrifice quality no and make the necessary adjust¬ form of financial statement in information understandable more to an bene¬ folder being mailed describing the statements in simple to beneficiaries along with the annual income Dividends Account for Years Ended Dec. capital stocks— on 31 I Total income ——— $124,058 $244,438 bonds on 1940 $208,973 35,465 $149,273 25,215 37,840 28,726 $206,598 $120,547 $3,628 of common tProvision required Federal income, State and other taxes. {No provision is Federal income and excess profits taxes for the year 1940. to Alert management and strong a company will be able to Expenses ♦In of investment Gulf 1,000 $1,602,001 1,365,250 share, a from 1941 *18,001 855,285 $863,331 cash make of ...... Interest Divs. 48% report. - §21,344 Co. during the present period post-war conditions." language 121,190 cents of held Fund Putnam maintaining In the are to ficiaries Fed. transf. tax & other costs, &c. Credit The trustees have 58,512 See $ tax 70 Payments gain at the end of ... City Bank of New York common. the Fund's investment policy the period. on ments 17,944 57,679 oper. expenses for normal Fed. income 12,740 13,065 gains. temporary market advantage. carry Cap. stock, State fran¬ chise, &c., taxes the 1941 importance of present finances Registrar & transf. of National In : $961,973 Interest totaled 1941 realized Commercial 2,000 Income Account for Calendar Years during a $10.99 equalization adjustments amounted 1941 compared with 53 cents a share in 1940. in 1,500 ' ; • ,, 437,644, approximately 7% of its assets in cash and U. S. Treasury notes. 22% invested in bonds, 16% in preferred and guaranteed stocks, and 55% in common stocks. New additions made to the portfolio during the fourth quarter included $50,000 U. 8. Treasury Is, March 15, 1946; 1,000 shares Atchison 5% preferred; 800 General Gas & Electric $5 prior preferred; 500 National Power & Light $6 preferred; 500 Pacific Gas & Electric 5% preferred; stock, according to the report. » ■■ The corporation held 122,900 shares of its own stock in the treasury as of Dec. 31, 1941, of which 40,500 shares were purchased during the to dividend .At the end total 1,917,600 decrease paid represented including • reported share The Dividends cents stock . of - , 31, from 295,546 increased Net asset value per share was 1941, compared with $12.25 at the end of 1940, out¬ common . Dec. as outstanding during the year. was stock report just issued shows total net assets on Dec. 31, 1941, compared with $3,620,000 at the end of 1940. Total $4,807,000 shares the 273,*165 $1,906 083 surplus 47,250 10,623,620 etc. relining blast furnaces Total share on the per of Balance Balance for 41.365 47,250 equipment, {Earned surplus Capital shares in treasury 3,698 $4,946,294 $3,354,000 .... premium, less debt Other income changes— $5.50 cents share 761,830 21,754 accruals accruals——__________ bank loans— Preferred stock 50 627,059 897,420 liabilities preferred no-par of 1,877,100 on $15,435,615, equivalent to $8.05 stock outstanding at that time. 413 852 685,312 res. 320,900 • debt §Common 1940. revealed by the annual 1941, taking the value as Dec. value date Total retirement income of dividend a current share asset that Oil $8.18. At 270,184 $4,593,484 1,239,484 _____ 2,815,573 171,941 . a net at Consolidated was $9,852,657 3,464,194 $4,571,730 u-_- —— reserve Amortization •f the corporation, $13,337,120 Cash dividends Net of declared equivalent ■ —___ operating income,: net payable Reserve for $14,926; note payable New York, $3,400,000; $3 payable March 2 to holders of record • Utility 3,872,809 . ..v- 166,488 certificates {Serial National directors have $2,098,495 747,780 813,670 taxes—. , _ liabilities current Funded interest and taxes payable, the Total 1940 300,697 —____— and State 1941 $9,861,607 — _____—■ - 1,286,323 investments Barge Line, receivable, total, $6,- •• Maintenance Federal • ;•«—.___ —— 1138. p. amounted Co.—Earnings— Y/'YV; -- 1940 $1,164,366 1,661,858 bank deposit Reserve for Federal income at 3% interest 31 1941 , charges Accounts unrealized investments ... $1,277,061 - receivable—... accounts {No pro¬ - $19,039,347 $16,573,074 Accrued This unrealized than and allowances. Growth— payments, 12 Months Ended Dec. 31— $1,000,624 Liabilities— the on Petroleum Corp. of America—Annual Report— stock, Oklahoma Natural Gas 67,740 $1,015,211 notes (less tax preference {304,260 70,000 Total ... $23,700; trade inventories, $1,912,258; U. S. Treasury notes—tax series— $400,240), $1,085,096; reserve, $1,297,905; 7% cumulative preferred stock (par $100);- $69,600; common stock ($5 par), $393,260; capital surplus, $567,077; earned surplus, $912,278; total, $4,968,641.—VI 154, p. 1193. ■ "V:." ,• '.p' and prior 909,000 $311,524 !—— buildings, machine Deferred year the ledger value; following distributions were made: March 1, June Sept. 2, 50 cents each; and Dec. 15, $1.25.—V. 155, p. 604. (net), $674,692; other $17,792; property, plant and equipment (net), $1,665,058; de¬ charges. $106,300; total, $4,968,641. Liabilities—Accounts payable, $285,388; advances on sales contracts, $4,663; accrued taxes, $77,286; dividends payable, $96,089; Federal taxes 6,913 20,000 Sinking fund payment Chase 152, 1941, assets, purchased 8,297 '\?h profits excess assets {Land, thereof. Investments more the on except upon during the in the accounts. up is i 11,345 20,000 Investment in subsidiary companies profit of $35,013 book average "i • .......— Restricted Package Machinery Co.—50-Cent Dividend— ferred $180,000; •" ; discounts, outward freight, returns, required for excess profits taxes. ♦Notes and 205,719 based are method, company 143,534 ' 9,848 . 12,800 and ♦After reserve of $155,210. 1941 / 4,066 re- taxes for depreciation property, securities, receivable income of — Cash 1941. common of amortization amounted 2,254 Comparative Consolidated Balance Sheet, Dec. 14,095 $1,368,752 less than was taken 1941, similarly of stock 150,283 / 5,000 obsolescence parts income vision preferred stock, $685,730; $2 cumulative class A common ($1 par), $163,856; class B common stock (10 cents par), $53,687; capital surplus, $1,395,551; earned surplus, $1,264,323; total, $6,978,072. stock. common and included above Balance . sold, 78,652 shares of .for and equipment products ; ... for 133,167 —; shares of difference has not been The $8.82 of and ...^—„ Net profit 4,872 cost 43,840 discount $316,294 stock 65,830 . share—. per debt bond 109,000 Federal 204,495 Note—Provision plant, —• stock deducting general and to $763,540 . stock tEarnings of interest State $38,736 ... the Liabilities—Accrued 100,000 preference stock-....— Preferred funded on placement Balance Sheet, Dec. 31, 1941 on: Common -t 144,391 Assets—Cash, $1,613,924; dividends and accrued $5,861; investments, $5,351,188; prepaid expenses, $863,540 . profit Prior $1,554,416 Other cumulative Net Dividends i i'. charge contingencies $2,182,639 _■ Miscellaneous sales Jan. 1,115.000 special 48,194 $488,484 12,000 79,033:i, / taxes Profits and losses from sales of securities depreciation 370.000 profits tax___ before $1,506,222 182,991 738,184 ,. > — income Provision 978,072. Net $1,999,648 113,079 accounts expense 1940 $136,620 interest securities 1,100 and $375,405 doubtful Amortization $316,294 ——__^L_—_ on depreciation 7,559 accounts income 199,751 313 (2) At Dec. 31, 1941, the accompanying balance sheet 11,035 . Federal 303,643 for 271,821 — Interest 1941, share. $331,739 sales loss has the $2,368,234 and 31, per 86,321 to 1941 Contributions 390,541 444,204 Profit ♦Profit. $2,364,592 insurance Dec. $32 $331,426 company on the "first-in, first-out" capital stock of The Investment Co. of America. income 509,842 489,066 Profit 108,797 Notes—(1) 3,642 Employees' life at was — Dividends from 30, issue: $1.75.— 931,275 , 265. operations 1, v V : Assets— the on income Total stock prices Interest Co.—EarningsNov. 162,296 expenses ♦Less 1941, as compared quarters.—V. 155, p. Earnings for 11 Months Ended •Profit preferred market Total income annual share per this on and Dec. Mos., 1941 1941—Year End.—1940 $3,935,276 $16,093,595 $13,038,325 2,913,729 11,860,121 9,747,422 earnings Inventories cents 15 on preferred stock, made each; „ depletion,—132,990/ Provision Dividend— dividend a in preceding Ohio Seamless Tube Other of at bonds on Expenses Net directors distribution valued Net income from dividends and North Texas Co.—15-Cent The share per stocks on Loss from • cents first share per repairs approximately 2.31%.— capital stock, payable April 1 to holders of record March $8.12% and Other 1941 604. p. of . Taxes 155, p. 365. insur¬ and made On this applicant the on and from 99.069% was for issue Depreciation Subs.)—Earnings— with a net asset value similarly computed of $42.74 per share at Dec. 31, 1940. The decline in the company's assets, valued at market prices, in the year ended Dec. 31, 1941, was 11.6%. The general decline in stock market prices during the year was 17.9%. by the successful bidder. received were bid named annum, accepted. the to investment houses, to 87V2 1, • Cost of sales and operating expenses Income Account Years- Ended Dec, 31 firms, securities best per been has proceeds in rate highest and rate a the 155, and 167 the dividend The on Hutzler, cost V. invited value owned report of the Commission states: applicant and this Pittsburgh Coke & iron Co. (& Subs.)—Earnings-— This compares of certain equipment. procurement The The & The with authorized and liability, in respect of not exceeding $1,800,000 2 Va % ment trust certificates, to be issued by the First Trust Paul shares outstanding.—V. common Ry.—Equipment Trust Certificates— 30 dividend a the on Period End. Dec. 31— Pacific Southern Investors, Inc.—Annual Report— Northern Pacific The per share Feb. 10. record on 91. p. $3,583,791 434. p. cents of j accumulations June p. ♦Gross Net earnings of the company and subsidiaries for year 1941 are $9,040,149, equivalent to $3.40 per share, as compared with $7,223,034, equivalent to $2.71 per share for the year 1940 on the 2,661,204 1941, 1940 $5,423,000 —V. 10, 20 made was 7% cumulative payable March 4 to holders of record Feb. 17. During 1941, the foliowmg distributions were 154, p. 1730. Owens-Illinois Glass Co. (& on 1939. Years— Sales . share per stock, par $1, payable March 10 to holders of record Feb. compares cents Calendar declared of holders to amount Maintenance Corp.—35-Cent Dividend—Sales— have dividend a March 2 like Selling and administrative Noma The Dr707,366 $20,350,939 $25,868,581 Hosiery Co.—$6,121/2 Accrued Dividend— directors account gain in the number of stations of this company during January, over the 7,173 in December, 1941, but a decrease of 1,477 from the 9,478 stations gained in January, a year ago.—V. 155, p. 507, {Includes notes receivable. stock, /'•' *.;7 .^O.v Phoenix 3,117,813 1942, amounted to 8,001, an increase of 828 1415. p. Feb. on distribution I, last year.—V. 155, The 10.442 4,251,211 Ohio Bell Telephone Co.—Gain in Stations— 1,272,480 ^Dr953,851 common '■ v. $21,190,239 $25,262,945 — .yl/': .■i, ' The Total V'r/• , — initial Dec. / 15,006 10,263 , Total -V. v »1 stock directors the on 7,142,000 5,119,924 ' ... 31,516 accounts—____ ' The 12,902 36,287 retirement Earned* surplus ' Philadelphia Suburban Water Co.- -Common Dividend ' ' \ f a • V 144,256 11,493 uncollectible $20,350,939 $25,868,581, n ' No. 2— 308,140 114,066 for construction— for 200 12,476 1,056,383 assets Reserves 2,654,500 (par $5) 12,068 1,685,050 341,131 > 5,997 liabilities— Other reserves 24,869,582 " 39,837 Dec. 860,826 debt, less expenses on ^^._.w_____^„;iT9,607,089' 460,862 unclaimed; accrued 20,928 459,753. 100,000 accrued Unamortized premium 17,463. owned : $938;234 aggregate value of the corporation's securities at current prices 31, 1941, was $12,613,722," and at' Dec. 31, 1940, was $14,{Represented by 2,000,000 shares ($5 par). {Represented by 122,900 (82,400 in 1940) shares capital stock.—V. 154, p. 1270. at 360*408 accrued Taxes 1940 ' ♦The 16,800,000' 1,076,784 ... for 6,898,500 1,787,949 1,348,241 . surplus stock due payable •.—.uiwl——jw Interest interest receivable— v 6,4~00~000 Dividend 8,840,000 42,149 12,688 stock.... surplus —V. payable to banks, payable serially to 1946 deposit Oil '*/ V? $698,454 Total 4,500,000 81,983 U; 8,151,000 ;— ... commission...... A Class B - 16,700,000 $7,509 {$261,486 ... dividends payable due 1955 Customers' Consolidated 7, ... 8,250,000 4,552,750 1956— Reserves 20-year 5Vs> % • series B 3%%, series C 3%, Accounts Liabilities— Class mortgage bonds, of . Sheet,.Dec. 31 # 1941 {Treasury $5,800,009 ^Notes/payable^i^iii^ : $21,190,239 $25,262,945 .... par). mortgage bonds, Customers' Total ($50 $5,800,000 4,552,750 8,250,000 shares stock of the .... 1. par) First 210,862 17,548 Unamortized bond discount and expense assets ......... Miscellaneous 91,055 ($15 with Provision-for.- taxes'"' $5,416 ' * $10,530 Accounts payable and accrued expenses—.: 15,036 12,607 tCapital stock 10,000,000 10,000,000 Surplus 11,284,337': 16,552,810 3,291 $59,823,318 $54,906,348 ($100 stated value) First 25,104 68,512 24,322,755 40,740 u ... stock, stock Common > $618,163 * 20,609,663 received...".... flnvestments 1940 . $347,290 ..... •Interest Preferred common; stock connection •_____. Total ' - ' of {In common ♦•Deficit. Liabilities— 48,804 > 8,875 i ___ of shares 1940. 551,840 58,355 ___________________________ Liabilities— % 1941 . , Cash •Accounts and notes receivable debits shares 20, Balance •Securities 892,088 ■ 580,750 7 382,260 383,780 .Other investments-:• 27,933 6,795 967,597 supplies— — of Dec. on 16, 1941. Dividends and 6,738 7 532 Total' Notes , 31,986 - Corp. Assets— cash 359,502 13,889 ____ $5.50 conv. prior pref. », Consolidated Balance Sheet, Dec. 31 and >: 28,939 _______ of May on distribution Oil .'-1, 467,866 : ...— the distribution Corp. , -——— with Consolidated 1 37,000 . 150,240 receivable Prepayments note. ..1 . receivable Accounts $1,787,949 ____—....— settlement on 1940 r'i-'.::'/Y bonds — Notes tBased on original cost and Computed by identification of specific purchases, less $724,349 reserves for fluctuation in value applicable to investments eold or disposed of. {After deducting $318,273 restoration to capital surplus at Sept. 30, 1941. §Plus bond discount and expense applicable $739,000 investments Special deposits 30,994 . savings Cash $5,343,182 5.978 3,518,261 tNet loss on sale or disposal of investments {Adjustments to conform with value of investments——-IPremiums on $689,000 principal amount of debentures called or purchased tion 1941 Treasury tax notes series B Other 25,000 - defense S. U. S. 99,600-: ... ... U. " — — 31 Investment and fund accounts: 90,677 —. Dec. Utility plant $52,607,174 $53,005,304 Acquired properties in process of reclassification 4,902,101 7,981 y - applicable to note invest-j settled by compromise ment Restoration of •'Assets— $5,119,924 _ Comparative Balance Sheet, '■■■>.. ; * '>'.Vy • , §In for for connec- Net income Dividends _• Note—The net —— - above unrealized 272,660 - statement losses on does not include net 191,305 realized securities. s gains and Volume Statement Assets—Securities National Second dends total, of '■Eased lent to $10.99 stock W. etc., tax, shares payable beneficial of for securities pur¬ interest reacquired, ' ',,,y securities to Roebuck a G. Heller will at owned for 437,644 Stores continue Corp. of America Subsidiary— George RCA „ K. Throckmorton,, for the - Manufacturing Chairman "elected the Executive membership composed that of Committee board, DeWitt Millhauser, & Co., 155, and his $1.19 268. p. (& Operating Real company. Year Ended Oct. 31, i—_ members general less expenses, $14,797,709 12 Va depreciation Calendar y- Years— and I ____ on $3.87 com. —._.i * After • interest, depreciation, depletion, profits tax in 1941. tLoss. excess Provision for Federal income and Federal $8,287 taxes totals $46,250,000, neariy twice $125,916 $25,291; and income and During 1941 deposits, stock corporation $2,000,000 added its to 34^856 steel safely said of part for direct that the 'defense By purposes. indirect and the since corporation's closing defense is purposes' has 1941 only to other gone both meant It purposes. of months production iron be can small very a its operating 100% would rate of capacity had principally scrap, available for "The 1941 year furnace was will which well substantial relieving in the corporation had This now almost Is doubled 750,000 tons, and furnaces now under when capacity this even total construction will be of success aviation tank, This is plate originally "Republic's bution p. needed the in shipbuilding vast to interest our and $509,059 $468,390 paid 98,283 89,696 *13,836 463,129 27,367 187,465 543,366 Net profit from income Total Earned loss Net on Miscellaneous Federal 2,727,621 Wisconsin Net profits tax taxes—_________—i e:*cess 70,736 profit Dividends — in the for consisted year entirely 70,000 the during ended Sept. of. the Limited, current 30, 1941;: development owned reported year, its of advances consolidated balance sheet. 165,000 — wholly a operations its - Canadian profit no for properties logging operations the cost of which ($55,421) on logging and purchase contracts in the liminary ~ 187,453 48,897 ——____—__ Company Timber organized subsidiary loss 98 • $524,148 —_—— Note—Ripco the and > '*■! ; : V or pre¬ is included $10,481 17,127 3,985,700 t9,311,890 . . .U ! etc., Sept. 30, receivables v . $73,395; timber, ,timberland (net), $5,992; ,total, $6,282,275. marks "" Sheet, $239,211; accompanying . 1941 (net), and equipment ?(netV;.-$4,405,811;- patents, and plant •<>- k* - banks, etc., rights accounts.—V. 154, p. income income ♦On term -A*- 4* ■: »; V. '■ 'i ^ $80.98 g; Sears, Roebuck & Co.—Sales Up-j- ll A. Period End. Janr31— ' ; - , : ■ . . -.1042—Month—1941 'I" - 69.626,863 Sales E. P. Brooks, & Co., Other $ $ Viee-Pres'dent of this comoony, piano manufacturers, on Feb. 5 stated that of New York and La. Porte, Ind., 31, Power cents share per on 40 cents was disbursed.—V. 155, Co.—Earnings-12 Mos.—1940 $2,258,561 43,324 — ___ — ■ $973,815 165,858 141,735 $56,133 $66,292 $807,957 $840,712 long-term debt. 8,123 9,616 86,490 115,479 Crl77 803 Crl.759 9,672 accruals income.. income $982,447 743 1,515 8,746 10,933 $47,443 $54,358 $714,479 $704,627 charges.. income on preferred stock declared on common Comparative 210,000 Balance Sheet, Dec. 210,000 362,270 stock 362,270 31 1941 Utility plant Other physical —— property 1940 $12,618,289 $12,212,145 - — 340,999 —- 341,101 430,435 Cash 31,730 and supplies 120,639 6,253 — ——_______——% stock common 116,166 11,591 • — —_____— debits ♦Reacquired 30,686 233,990 89,015 —___________ receivable.. Materials 176,555 1,576 255,289 Special deposits—— 2,730 48,236(-v — on life of officer 5,311 1,518 21,462 20,121 2,475 481 448 23,732 Customers' 18,944 $4,715,000 34.287 Other miscellaneous — taxes—— — —-— — / ' . accrued : —: — _r— surplus for 15,899 construction— 120,496 1,676,752 73,065 38,413 211,000 1,260,137 depreciation 508. of $33,663 in 94,133 411,890 335,876 p. 695,000 550,199 596,204 29,643 245,616 $7,561,989 and $30,140 by 1,199,697 is not 403. cost and 165 at par pending sale. "tOf which $1,007,570 (1940— for dividends on common stock.—V. 155, : .//■ at 2,317 . available ;,v. Sivyer Steel Casting Co.—New President, Etc.— Martin ! Harold Flandoes, L. Holtz, directors.—V. in Vice-President in charge of sales, has been elected to succeed the late L. S. Peregoy. has been Vice-President, a 155, .p. elected to the board of share on 509. .'V market prices of investments aggre¬ gated $948,318 as compared with the balance sheet carrying value of $1,109,669, and reflected an unrealized depreciation of $161,351. Gn the basis of such quoted market prices the net assets applicable 1941, 211,000 $13,833,306 $13,204,863 held, shares 2,482 shares at par) $1,003,182) 1941 — — ♦Represented (1940—165 Corporation General—Annual Report31, 21,894 108,879 t surplus Southern Pipe Securities 35,898 242,224 1,748,661 President, p. 2,300,000 350,000 93,830 liabilities — Total 67,262 $9,177,030 surplus 155, 3,398,760 9,433 credits tEarned 30,269 732,000 (par $25) (par $4) surplus Capital 168,502 >271,739 668,172 624,204 37,458 254,510 debentures reserve . 70,252 35,022 418,097 < Reserve? 114,029 Income preferred stock 31,682 106,613 taxes for credit losses Paid-in — and current —.— — ___—_—*— accrued $3,500,000 - payable for insurance, etc.— Earned deposit (unsecured) accrued Taxes Interest $7,561,989 $5,860,000 64,733 par)____— Contributions in aid of 1 $3,500,000 3,398,760 3,000.000 ($100 par) ($15 debt Notes payable to bank Accounts payable — 8,921 $9,177,030 stock Long-term 106.844 13,950 — payable stock $13,833,306 $13,204,863 - preferred stock 6% Common 18,338 64,281 — prepaid expenses— business--. __— Liabilities—■ 1940 $976,158 10,251 —_______ fixtures and Dec. 15 Assets— 6,405,563 : in Liabilities—, at when 1931, of payable May 1 to holders of record made on Feb. 2, last, the first was 11,775 Deferred As dividend a value, par declared 1942—12 Mos.—1941 , 49,970,769 975,712,422 749,307,718 Sells Interest in Piano Concern— Winter etc.--. — ♦After each, of debt premium discount and 94,693 7,926,024 Total 1940.—V. made $363 670 $1,116,671 . : value of insur. used Total were cents Dec. 31 — participating loss reserves-- $29,007.; common stock ($10 par), $1 500,paid-in f»rplus, $1,500,000; surplus, $1,519,818; total, $6,282,275. 154, p. 910.' •••.; : • '■ " .' 25 retire. Prepayments ; charges and Common 25, $76,067 on Amort, $0.34 Sinking fund deposit-. 6% and 13,784 Deferred Dealers' $1,000,000; .reserves, .f-.-s.: Int. $63,469 receivable Cash surrender Convertible 26 $69,917 10,223 invest¬ : declared accruals res. 31.210 $37,229; Accrued l'ab'lities, $117,910; for Income taxes, $313,500;' current installments of longnotes payable to bank, $125,000; long-term notes payable to Aug. — •__•.— hand— on Repossessed automobiles, Deferred of paid 16.214 1941 1941 and receivable Reserve share per 1007) .—V. 154, p. 1417, Dividends ... income trade¬ cents taxes, bef. ______________ — and $18,508; 50 distributions May Dividends profits taxes- stock Balance Sheet, ♦Furniture of 1417. AssetsCash in banks Automobiles on holders to 786,819 Gross inc. $12,110,224 $73.85 ' Deferred cents 25 share per 25 shares of common Stock, $4 par. 156,051 Accounts cents the following extra Utility oper. incomeincome, 173,778 Federal .■ v" 155, taxes Total Notes dividends distribution Other $268,977 excess interest Liabilities—Accounts payable, $177,040; bank, and preferred stock common 50 cents; 50 no Dec. income reserve -—— on on of payable Feb. both of dividend extra an dividend value, (see V. 154, p. Pacific Retirement interest, insurance and carrying charges costs and prov. for credit losses Accrued provision' .000: common _ 183,065 insurance Accrued and $1,550,000; $11,111,389.—V. Dr563,665 ; — inven- (net»^ total, revenues— 2,149,754 Federal for declared 5 quarterly 1941, similar since 195,296 (deficit) stock, A Drl,719,852 $363,707; processes ($100 par), $1,230,266; regular 25, Accounts Notes tories, ..$1,138,422;. unexpired insurance premiums, ments, s in 16,911 16,066 3,727,425 10,877,057 in .'••• ...Consolidated Balance I Assets—Cash preferred $7,620,500; money, $3,119 . __ operating income operating expenses-——— Provision Accounts % stock of Midwestern subsidiary), $300,000; Maintenance period of borrowed for par have directors 15. Net General Feb. common Other costs, Feb. no 25, 50 cents Operating Securities Acceptance Corp.—Earnings- $881,375 * _ capital (wholly-owned preferred stock the to year: Federal $11,800,643 Dividends — 1941 Period Ended Dec. 31— ' value per share Dividends income Dec. 31, (net), $15,420; deferred charges, $31,489; total, usual quarter during Sierra 2,065,940 5,232,300 ♦Represented by 159,428 no par shares in 194.1 and by 149,097 shares 1940. tRepresents a combination of the former paid-in surplus and 25,026 —— $4,756 $3.02 269. p. $11,800,643 $12,110,224 Total Net asset $856,348 _____' — $3.68 14. addition Gvoss , 17,152 ___ — $3.67 - $76,709; Co. shares), on stock, Feb. that 3,026,334 2,981,145 113,739 33,626 _ tax— policies, payable the and payment $627,163 1,087,750 surplus — —— charges income Federal — 120,000 $17,384 . Unrealized depreciation $1,578,893 payable to bank sales of capital assets—— ' ' common. Insurance directors April 4,723,280 Stock Gross notes on 130,000 $41,149 Sherwin-Williams Co. 1)f Canada, Ltd.—15-Cent Div.— 226,630 — —— Interest 77,500 120,000 (40,000 common each $164,157 , ♦Earnings per share "" ; $202,256 77,500 X share the ... surplus Capital deficit in depletion and amortization—— . 1939 $224,884 — convertible Operation ♦Capital 495,915 ,_ 1940 :• 77,500 —_ payable, $19,375; income taxes, $134,082; accounts payable, for losses, $221,566; unearned income, $314,302; 5% and Nov. 1,090,700 _________ Interest ; 1941 $238,649 insurance equity In 1940 1941 accrued Earned discount, -— Subs.)— (& reserve the 31 notes stocks Paid-in are exps. operations—— Louis (W. A. )Sheaffer Pen Co.—Extra Distribution— 400,126 JM— Reserve for other expenses. Net Other St. 92. 135,976 424,290 :_ Taxes, Federal and State Consolidated Earnings for the Year Ended Sept. 30, 1941 for depreciation, of Co. ; Liabilities— (Including Subsidiary Company) Provision life per $284,690 Due to broker nearly program __ stock 84,232 $378,694 • and Total Rhinelander Paper Co.—Earnings— . series $6 ' • — surplus cumulative p. $368,922 $410,776 Earnings for 3 Months, Ended Dec. 31, profit on sales-—_ • shipping, selling, administrative and general accounts payable income tax, $800; $184,300; par), $473,100; common stock ($1 earned surplus, $47,812; total, par), year. Marine dividend 258,123 :: Income is to make the greatest possible contri¬ help Insure a speedy victory."—V. 155. Packing, of $21,298; $110,799 356,116 Preferred stocks 366 Gross $85,000; for Federal dividends & The $481,963 capital surplus today effort war • 31, 1941 ($100 $95,443; Investment Liabilities—Notes 1938 101,744 Common the nation is engaged. which value The Bonds mobile and ($100 800. p. furniture, fixtures, etc. $11,111,389. tenants' 1939 S. Govt, securities at market quotations Other investments at market quotations— tons. planned or $261,300; $112,274 _ income Cash transportation pro¬ grams, among others, is dependent upon a plentiful supply of the fine alloys that are made onJy in electric furnaces. "Of great Importance also to our 'all-out' effort was the expansion of the corporation's steel plate capacity by some 220,000 tons a year. our 1940 Balance Sheet as at Dec. completed. "The 1,404 \ Assets—Cash, $1,180,419; instalment receivables (net), $9,488,741; re¬ possessed automobiles, $12,330; sundry accounts receivable, $6,281; cash contingencies, $1,458,886; common $25), Assets— blast of 500,000 $35,836 Consolidated Balance Sheet, for reserve 388,860 . scrap annual an 154, Earnings per share of consignors, $128,098; rents, $120,199 ._ pig iron in its steel furnace charges and a correspondingly lesser per cent of scrap. ' "Of great importance to our arms program was the expansion of electric furnace steel capacity by approximately 50%: At the begin¬ 1941 stock stock capital surplus, for Balance, ♦Loss. of ning of expenses, payable, (par $583,707 Dividends shortages, and in¬ cludes five blast furnaces with an annual capacity of 220,000 tons, together with necessary by-product coke ovens and other facilities and the expansion of both coal and iron ore mining operations, is now under way; It will enable the corporation to use a larger per ceni program, $49,573 800 - provision preferred preferred dividends Common to $123,578 Net gain realized on sale •? Of investments excess The expansion. stock due U. in 1,959 tax— $3,016; expenses, income in Net materials, raw 4,274 1,512 Balance Sheet, Dec. cumulative Preferred 460,129 Expenses use. of aid been income Years End. Dec. 31— Net 1941 $523,770; 1941 ___— Total the and steel for ample supply of an our year a have undoubtedly there been 14,112 4,423 v $64,035 $272,500; record history. "The income. Earnings- . sinking $1), Dividends production of armament and weapons and for the many indirect requirements for our arms program. These include, for instance, such essentials as transportation, petroleum production, new buildings and machinery, and hundreds of others, "To reach its operating rate of 99.5% of capacity, the corpora¬ tion has more than 70,000 people on its payroll, the largest number of accrued Fire Calendar Years— direct In Federal Securities :$26,599 mortgage $930,510; accounts, notes and $4,440), $89,484; merchandise deposits on leases, $32,000; claims rents, taxes and other advance, $623; mortgages deferred income, $217; Interest defense than for $1,161,970.—V. 49,806 Scudder, Stevens & Clark Fund, Inc.—Annual Report corporation's $483,812,368. and Federal of payable—trade, preferred than for reserves this amount being provided out of income. sales and operating revenue for 1941 amounted Provision for depreciation, depletion and amortiza¬ tion was $13,349,887. "During 1941," said T. M. Girdler, Republic chairman, "the cor¬ poration has devoted itself substantially to the production of iron The $57,586 13,056 1,072 •. Cr.17,278 $667,877; capital surplus, $1,784,665; surplus from operations since Nov. 1, 1940, $26,599; adjustment to reduce invests ments and advances to estimated values as at Oct. 31, 1941, Dr.$113,785; total, $4,847,708.—V. 153, p. 109. * contingencies, to in convertible (par $68,565 15,964 1,508 series par), banks, $11,957; $72,210; the net profits taxes was $16,275,000. excess the accrued received etc., 25,946 y cumulative 31,933 of $6,263), $2,657; fixed assets (net), $805,816; $195,389; goodwill and patent rights, $1; total, reserve Liabilities—Accounts a Federal in Sheet, Oct. 31, reserves $2,157,513; charges, $4,847,708. profits taxes for the year income. This compares provision for the same purpose of $8,000,000 in 1940. Total taxes for the year will amount to approximately $57,000,000. Net income for the fourth quarter was $6,041,244 and provision for 1941, with Balance and (less deferred excess $31,640 Liabilities—Demand loans payable to bank, and security for refunds of N. Y. City real estate taxes, $14,327; mortgages receiv¬ able (less reserves of $28,857), $49,600 due from Schulco Co., Inc., $77,698; investments, $492,713; advances to subsidiary (not consoli¬ 1938 income hand on receivable less 1939 39,196 $83,379 ______—— ■" $7 Assets—Cash inventories, 1940 $29,369 42,159 " 117,630 • income interest dated, 1939 assets Assets—Investments, $1,109,669; cash, $36,458; dividends and accrued interest receivable, $14,660; accounts receivable, $517; funds in closed bank (less reserve $2,500), $666; total, $1,161,970. $19,554 estate operations, before deprec. Consolidated $21,113,507 $10,671,343 t$7,997,825 $3.30 $1.42 Nil $24,038,340 __ shr. per market net $41,220 __' 32^969 operations, before deducting depr. real — cents per 1940 1941 profit of the ;; ■ Net income 807,423 —___•: real estate on Other income Republic Steel Corp. (& Subs.) —Earnings— ♦Net compared as basis $11,267 859,946 department expenses Profit oh stores share on the common stock, par $1, payable April 1 to holders of record March 16. This compares with 7V2 cents per share paid on Oct. 1, last, and 5 cents on April 1, 1941. Previously, the company made quarterly distributions of 10 cents per share on the common stock.— V. 155, p. 267. Earns, the 1942, equivalent to approximately Interest 2,914,592 ... Drug Co.—Larger Distribution— of were share per On 21, Jan. Expenses Taxes—other ___ dividend cents 1940. on stock common ■•,; 91 31, 1941 credits "About two' weeks ago the U. S. "Navy awarded to RCA Manufac¬ Other deductions •_____. turing Co. the coveted Navy, "E" pennant. ^ Depreciation L : RCA Manufacturing Co., Inc., operates five large manufacturing Provision for loss on advances to Schulco Co., Inc • ^ plants in . theUnited, States—at. ' Camden and Harrison, N. 'J, , . In-» Adjustment dianapolis and Bloomington, Ind., and Hollywood, Calif. The con¬ struction in 1942 of a new radio tube plant at Lancaster, Pa., was Net profit1 recently announced.—V. 155, p. 542., ' 'Resulting. from acquisition of guaranteed 6 V2 'h fund gold bonds of Schulco Co., Inc. Reed a to Dec. business Interest—————— elected President. , declared share. per of of Income—dividends 1941 : have equivalent as close 11,894,385 expenses estate Total directors the Subs)—Earnings— the Loss on stores operations before deducting Real estate operations—Operating income. Shannon. The were share per of as applicable to shares of $2,903,324 executive following Throckmorton $1.37 Provision committee of this subsidiary-is of the company's board of (Chairman) Gano Dunn, J. G. HarDavid Sarnoff, O. S. Schrairer and Robert the of the of K. Winter profit Profit The now of stock common with Total President of the on Feb. 6 was Robert Shannon, former Executive Vice-President, was directors;-: G. to has and prices President as Earnings for administrative and and other store Income • past five years Camden, N. J., of Inc., Co.i of 1919, sales. •/'Gross • , . since management in treasury) Changes in Personnel Of — present operating manager.—V. as Selling, Radio interest an the Operations—Sales, exclusive of sales taxes Cost of of beneficial interest of value each (exclusive of 720 shares held Dec.. 31, -1941.—-V. 154, p. 696. par : had of up interests. Schulte, Inc. Consolidated quotations—equiva¬ $1 outstanding market shares has made York Income Account for Calendar Years (D. A.) '! , Co. & syndicate England and New brother, Henry R. Heller, $13,310; expenses, share per capital Federal Sears, sold been New ' for which in 1941 $4,473,794; cash in The accrued interest and divi¬ $4,807,441. valuing on 31, Dec. $338,109; ., payable $22,527; Assets, quotations), deferred $4,851,040. ♦net assets, $7,762; Net Boston, $37,152; 'Liabilities—Accrued chased, of market (at Bank receivable, $1,985; THE COMMERCIAL & FINANCIAL CHRONICLE Number 4044 155- The the quoted directors common compares March ; 15 3 Line Co.—30-Cent Dividend— have -declared a dividend of 30 cents per stock, payable Feb. 28 to holders of record Feb. with and 50 Sept. cents 2, paid 1941, cents each on March 1 on and Dec. on 10, 14. March 1939—V. 154, p. 1271, and Sept, 1, / This last, 25 cents each on 1 and Sept.. 3, 1940, and " Gross Operating Prov. 162,367 2,319,110 47,802 42,143 545,605 500,328 20,273 195,042 130,581 Taxes income 19,590 profits Prov. for depreciation excess ■. 143,477 ■ 37,600 31,250 $105,789 54,436 54,323 $1,082,122 643,293 Int. & $44,112 —_ $ol,466 $**38,829 deductions other Divs. —— The 400,000, 121,275 285,496 1,066,285 __ 93,093 273,949 531,976 - 14.286 171,438 _— ——. $267,391 V. — 155, Before 2,386,696 company and tne $237,649 $23,288,047 $21,658,355 ... m K//'. —V. _ 155, Southern Indiana Gas & Electric Co. —Earnings— Gross Prov. Federal Fed. 46,423 589,712 46,361 435,074 353,310 38,137 50,523 269,436 50,523 49,975 50,181 633,294 596,359 , Other -Bond of $35,413 34,358 $817,571 pref. expense interest 412,296 10,848 10,848 /V 130,181 130,181 "$9,793 / ... "Deficit.—V. Net $327,190 1942 Period— Earn.ngs $72,525 $lbj.,950 404,764 $0.26 $0.11 407,464 $0.31 * < Tne > etc.—V. Federal income taxes, Feb. 18. Feb. an stock, May 2a, 31, a d.str.butions 25 Aug. of 2V2 29, and Nov. 5 28 Fto. 15 cents per snare d.v.denu ox of dividend payable $i, par quarterly extra declared have d.rectors common Balance Sheet, Dec. 31, 1941 "1 ' > '• - shaie u.e on Jan. on A c.ass stock, par cents 1941, cents contingencies, for $100,000; accrued were tacn Earnings— on maue on tne latter date pa.u.—V. lo-x, Ioo9. ana was axso ' and operation Bridge profit "Net of Shares ——* interest maintenance —J ——— income in ... and Reserve Loss for Loss estate expenses sale from closed in $494,596 Dec. capital 19,000 /■; —. : /!, 952 . profit last Previous $547,575 cumulative preferred stock—43,148 F, B. Dividends—5% Class 98,512 !-•/ 72,000 Since < $335,916 $3.05 by —_ ———_ — tne on income " and Earns, —V. share on class A and class B shares. per of Number 154, vehicles —; — . —■ 870. p. , ,v. ! v . Calendar ' Operating 1941 profit. to income lor $309,000 to drastic w,th profit Earnings per share of common stock Note—From of directors tingent time to the for the year of $60,000 to transfer the will the special possible future losses that may result conditions, and the balance has been for post-war surplus.—V. 155, p. 92. in Lke $72,o75 of per.od Tampa Electric Co.—Earnings— $553,472 and income $5,944,841 $5,097,640 186,718 2,337.887 2,039,907 23,421 ———_ Maintenance Federal $474,656 240,556 revenues Operation 1941—12 Mos.—1940 1941—Month—1940 Period End. Dec. 31— Operating 20,415 274,718 a of $1 ' 80,904 895.410 435,148 37,746 516,713 427,461 $149,325 $156,956 $1,920,113 8, 935 — before income Gross retire, Retire, Gross income (int.) $1,922,659 $1,914,698 35,833 430,000 430,000 $114,346 $122,058 $1,492,659 $1,484,698 701 1,256 8,618 $120,801 $1,484,041 $1,474,266 70.000 the this affecting time of /;i.ua i income Common —— .1 declared stock stock declared t*ppfp Utility Sheet, Dec. 1Q41 plant ——— Other investments stress, and and activities wartime new —— :— Special deposits—rate litigation —....1 Prepayments Manila. the in 2.814 282.247 805.000 150,234 *— Deferred debits— — — 11.863 1.242 811 479.088 supplies...—...—.... 10.500 1,355.481 . 342 328 105.796 3,901 29.581 3,292 — — $23,288,047 $21,658,355 Federal of ' and ,211 of ' excess prm.ts normal income taxes, as well deitnse and excess promts taxes. J ior useu oe part payment . purchased at a cost of. aoove Feueial excess tne ot J . $q,oU4.^47 ior tne to current liabilities was 2.3 to 1, asst-vs of increase an . $66,464,919, resulting in $88.349.9t9 of net " accrued liaDilities were Tne year. of rat.o . | approx.mately $5,u9o,9^5 was ill lore.gu bank accounts th.s amount, and Canada includ.ng stock, common the basic of our subsidiary American and cash The from been were this in countr.es feels it Required of Not sudden too are to enormous (before requ.red year. > <.'• funds these were - *5 the time. their to transfer United the /-,)■ ...: plantations latex our An in branch involved are Although end of we located States Net 101,000 / of 15% the tations of net "Cost 1941 re- Profit vfrom Other V Total Other at > " ' which Net . • ' a.r1 *^ 23,228,790 26,242,493 : 15,521,387 959,914 11,691,315. t ' 884,049! 20,570,383;! 16,481,301 12,575,364 4869,625? 31,005,016 : 19,409,532 1,160,851 LcL;—!i36,209,332 1.450,254 ; inc. before prov. properties, consolidated plants year. and balance 2,188,502" market ■ Loss •i on - . •; -- 1,792,082 former- bldg/-- tProvision, . for and foreign ,L-;r/v y-'J.,.. 438,470 , !/—,— v* . . . Federal v.;-,-,-. tac. tax_** profits taxes-'"Lu!—■!'/'" Prov. for.'War losses— -? //" , . , - •Divs. . '• i ' ' & eauitv infes applicable to minority ints.. in subs„I . ) "„• - in t, Net,. inc., transferred equipment of th« Plan¬ sheet-amounting to- -$18, . ,. _ •' ' . v . . -'j .. .. .. ' . 88,514 u r i n, ' \ ■ ] ,v', ± 6,206,583 11,425,241 - j - . , , 364 562 ;.f"7 to earned, surplus.- .13,662i658 ' - 98,079 : J 10,583,411. . . 'f.-A- : ■■■■■■. 1 . ,11^523,319 "■ •:'* / 320.696 'L 10,218,849 5.885,888 ?Including-dnpreoiation of active 'nHnts and plantations of $8.649D19x 1941, $8,451,972 in 1940. $8,189,578 in 1939 and $8,305 642 in 1.938.' +Pro"1sion for Federal income tax amounts to $6,349,156 in 1941, $3,889,083 - ^ 13,751,172 in earn- 1,. 1,400,000 ,J ? Net inc.ior the period 1,518,571 j < : .vV- -• ' dULLi?.'-. ; 9,764,613 * -*r* • 2^759,417 r.6,534,593 i"'-.- : Prov. for Federal excess v.; ; ,5- . .9,131,431 ■ ' 9,517,237 -18,496,383, 13,342,828 —=,r:?;v of office sale general - " ■' . .... by war risk insurance in Malava provided from current, earn¬ may have occurred prior to the- the 454-7,405 ',-tl,457,208 1,526,595 1,681,265 nharges—711,862-1 funded Indebt.— and adjustments —,-34,047,216 !Adjustment .of invent, to , v.. •& v and there, requirements for of - ® Li h 228,988,780 195,310.847 154 935,756: 178,574,233 150,560,670 117,001,948- 34,756,575 credits.'. ^ 1,452,757 income income Int. on plantations consist of approximately 131,000 acres,, are located in Sumatra and are onerated by the , , 1938 1939 • $ opers„^ income L *'^t*'-~>» •♦,•! ^-i. *, sold^—^ 245,920,800 goods acres value ■ allowancesv 315,345,328 & of 1940 i - - •/.;>■■$ / Sell., admin. & gen. exp. >-34,667,954 / $1,400,000 has been companies our shown" oh transp. »r all s&les7 4!axe^ V ' Calendar Years for Account Income idiscounts^ex- and '•"cise 30,000 acres* are' located 'n Malaya and are onerated bv Malayan American Plantations, Ltd.. There are. 102.000 acres wlFch have been .planted and 88.000 acres are mature. Statist'cs as to product/on are* not complete, but approxi¬ mately 57.000 000 pounds of rubber were shipped to us or soH during the per'od of the year for which we have received reports. This was about sales,J after >:. turns, approximately redemptions during 1942 will amount" to ;;:f';/..V 1'.v-.., . /Consolidated ■ - , subsid'ary )v".;/vfv ;.,v/;,/x^';.L/ fund Indebtedness—Sinking //,L/' . 1941. which three additions during the year amounted to $7,572,104,; deprec at.on amounted to $8,649,919 and propert.es, act.ve $3,384,000. and minor export invest¬ Singapore, Rangoon, Honolulu, and Indies. losses Ui''-.!'/■■ . in Sinking fund - Manila in Hongkong, war $66,953,293 $66,953,298 is disposals and adjustments were $l,0o7,860. Sumatra, partfally covered are estimated Plantation*-—The of at Philippines, for was East Netherlands the in shipping facilities there. export the and properties of redemption during the - year of $3,120,000 caused a reduction in the net outstanding funded indebted¬ ness. irom $41,067,000 as of Dec. 31, 1940, to $37,947,000 as of Dec., 31, 1941. The first mortgage and collateral trust 3/sT bonds pre- f viously held by the insurance fund trustees were retired during the /'year. • - ;/./v :••/"•!•.•'// Netherlands/East Indies, had suffered no damage during 1941, are continuing to operate in a limited manner, are communicating with us currently and have sub¬ mitted their financial accounts for the year to Dec.. 31, 1941. News¬ paper reports during January, 1942, have stated that the port of Belawan has been attacked but we have no knowledge of damage to The L————r— — The/total capital - Funded i! . lo,t>T3,u0d war ' reserve) operations—281,221 lor total net mostly Planta¬ . • . American preclude restrictions exchange : ; of . • $47,799,071 ' $2,145,075 less than the amount as • close of the previous year. Of th.s reduct.on, $128,346 was ;n properties, $1,109,670 in plantations and $907,o59 m .die prop¬ of Ly)''.!/' American — , total erties., ; the head office of our be abandoned and, as a Malayan ' r i *. ; The ■ : _ . , ■ Net be and Plantations, Ltd., of approxi¬ were located in Singapore banks and $1,971,268 of transferred to London in January, 1942/5: Foreign Malayan , varying hi Plants—The net book value of properties, plants and ' were as ava.lao.Lty to operat.ons— for Plantat.ons its that located. where Properties and report. staff," funds $2,400,000 mately company, Penang used as Lequ.pment at the year-end is summarized as lollows: income for 1941 amounted from which a total of $2 during the records rescr.cted was A large part of tnese restr.cted funds was requ.red, however, ' accrued tax payments and otner imm^daue l.ao.l.t.cs in tne, lor of been lost. The last financ al Oct. 31, 1941, And „hese Approximately 21,000 acres of our plantations had been overrun by the invaders but we have no word as yet as to any damage that may have occurred, although messages stated that all European and American employees were safe. A number of employees have joined the armed forces, but so far no known casualties have been sustained by membefs of the,,European Ltd., received • Total $9,7o4,ol3 taxes, war assets, press Lave of business for our company. Penang, where located, had to was of most have $19,593,183 . _ receivable and 104 A $20,263,011 — — Accounts receivable— Materials the on plantations accounts ings *525 264,745 ———• f.—_ - . 1,338,953 31 . Cash Notes 1,075,954 ——_ ... Comparative Balance A .. ^ . to client and accounts ments Net Preferred - against eharged were or Feaeral current ; which rubber varied continue—too pa.d in dividends Including tions, . 70,000 _ amounting to $47,456,198 balance, Reserves—During December, • 1941, the enemy. in¬ northern part of Malaya and overran part of the Phillip- consequence, 10,432 $113,645 — — $157,891 35,833 accruals deducts, Income $150,180 accr. reserve reserve 2,723 2,547 , lull extent of its resources. /. degrees. announcements preferred stock, the net share was Malayan this Utility operat. income Other income (net) . Working Capital—Total current assets, as shown In the consolidated sneet on Dec, 31, 1941, were $154,8i4,838 a.iu to.al current preferred have faced many new problems we $1,911,975 855 taxes- taxes 72,820 59,266 profits cess Other for Government the and normal income taxes. pioiHs account ".1" share on per couvert.ble have been large, volume the on Losses pines, 283,148 ex¬ by //*;!.!:) tne taxes .ncor.ie, $9,179,UtO Earnings—Consolidated net sales for 1941, after all deduc¬ per share vaded con¬ ,-v to secur.ty $0,349,156 year $4.86 to per from war¬ transferred ... . made was under tne war program w.h be used ior tne mak.ng of ouier poss bie ana your company is mak.ng every effort 10 soc.ai of were share per $334,493 $0.79 1941, the fy>ard a $3,700,000 during the year. These taxes included $ii/.2dO,5o8 of Fede.al.exc.se ia..es on t.ies, tubes and 0(.nor ruoo^r art.cics, $3,077,3j5 states in part: you during and and the for 1940 profits of $514,688 directed lias reserve and net of wnerever the $315,345,328, or 38'/^ more than in 1940. Net income carried to surplus account was $13,662,658, after deduct¬ ing all current charges and after providing $1,400,000 from current earnings for estimated ^war losses which may have occurred on our plantations in Malaya and in our export operations in the Ph.lipp.nes and elsewhere in the Far East. After full dividend payments of $8 tions, $514,689 $1.31 — a.ioruy * ' scope. factories not required for the production of rubber our in tne war lova-gn Tnrough regulat.ons here—but furnish Sales War Net broauer a oa ope.anons earnings of 6 months undistributed profit, cumulative Dec. on abroad; interests recorded 106,000 taes—— stockholders authorized perm.tted it to engage the wn.cii arms purpose. Taxes—Direct , made Cr.a.rman, declared Government, occurred have $440,493 206,500 — Federal normal 1941, 8, company operat.ons machinery ana eqU-pinciit ior its account a.iu is be.ng ass.st duty and obligation is to place our resources and abilities squarely behind our Government. Many disruptions of peacetime business , $721,189 Years— net Provision for July the entered *nto lor tne construction and ammuiiit.on plant ior tne government. • preclude a more de„a.leu ues^r.pt.on ox tn.s large " , i) advance first yi'!; (James) Talcott, Inc. (& Subs.)—Earnings— ^ the* production and use of reclaimed' a large part lor, tn«) yrodua.on of was smail a :ipr'4jus act.ve — and otner contract * goous made aware of the ser.ous it new ex.sts. The management of your company w.ll do everything in its power to protect and iurtner the as. continue should 31. Surplus, Dec. and ex.genc.es proaucts profits' excess v- 1 dividend a 6% each were and our situat.on 2,210,660 ; ■ ; —— stock $1,023,720 599,653 $1.70 payable Apr.l was home necessar.ly the $332,931 $3.25 2,739,041 war at botn 95,606 72,000 stock A Common — ———_... — net amounted declared have Dav.s, Jr., company's surplus it purposes. Included in the current assets was cash in the amount of $29.135,931.., $544,289 43,753 surplus Total a of Any parts of Of $226,170 318,119 - ————— Division—On purcnase 01 used ...1940 United States Rubber Co.—Annual Report— —- $214,644 332,931 ——- 1 m.ted, Dur.ng the year, tax anticipation notes were $o0, par issued Net the 1 to nolders of record March 19.■ U.son this issue on Oct, 1 and Dec. 1 year. No dividends were pa.d aur.ng 1940. Arrearages on 1, 1942, totaled $27.75 per share.—V. 151, p. 1914. oan. 2,600 1,003 6,250 » bank— assets prouuct.on. t tne m.l.tary equipment its are for increased the charter of initial An , directors slock, 101,329 259,999 —_——__ above 1941, as compared 154, p. 1532, ~ 31, tribuiions of $1.50 $337,35] $494,596 — • companies accumulations 208 — the to Federal ' ' interest, deprec.ation; addition The of $337,143 - — facilities our manufacturing lvf.l.iary United States Printing & Lithograph Co.—-Accum. Div. 55,251 91,009 213,933 . accrued tax contingencies— deposit on Porter —i—— — when aiiect.ng for . in L tiiereaner, preted.ng year.—V. ;200,591 :——— other income rubber the decoration producc.on and ' However, '; nas a part made of Tnerelore, as iong as ; is essent.al tiot our- December, m.l.tary of- rubber in been nave Uoperation •;' $2,122,000 bOO.i/OJ $3.53 pari. —_—— . in $551,076 —— ——„ income Total Federal income— other before Profit Other ($1 Snare y;vi'.'.L_,y -::yyy $695,187 __— add.tion, changes $697,336 82,705 91,750 —„ . Administration, general, etc., expenses———— > until l.m.tations ;f'/ "After 1940 $869,642 i profit from operations—— Gross need of: crude Munitions on (& Subs.)— 1941 — stock capital per taxes. Co.—Earnings— .—— —_ almost every product lull capacity until rubber for c.vh.an neeas .were restr.ctioa plan, consumption of at syntnetic nibber is be.ng constructed under contract w.ta tne Defense Plant Corporation, a subs.d.ary of the iteconstruct.on F.nance Cor- *, n 6 Months Ended Dec. 31— ended Depreciation ) raios.-v average operated requ.red of piece every has poratiOn. are United Merchants & Manufacturers, Inc. o. 1941 : not Operat.on. share on record per holders to Years End. Dec. 31— Income—ujns products ^ $1,768; credit, a J.) (N. r.g.d suppl.es In 'made), $713,393; funded debt, $860,000; deferred capital stock (83,832 no par shares), $2,125,050; capital surplus, $1,348,950; deficit, $625,958; total, $5,426,299—V. 155, p. 607. shipments as 662. 154, p. unconsol.dated Tacony-Palmyra tne and and! assets exchange of par monthly at other manufactures Under tne reduced rubber rubber debt, $34,688; sinking fund payment due April 1, 1942, $65,000; contract advances (to be applied against billings on a percentage basis l.qu.dating dividend of $1.50 per $1, it .s reported.—V. lo4, p. Uo4, paid 31 dollars' at o. primary efforts be made to meet these needs through conservation of suppl.es and the use of recla.mt-u ana syntnet.c rubbers or other subst.tutes. ' * • ' '>'.. ' ' <{' t *•- ^ v* - and provision $212,500; Susquehanna Silk Mills—Pays Liquidating Dividend— company gola xormer consumption-of 1941. July, further rubber or $354,861; accounts Earnings Tne U. to nominal, were lactones caused ox tne its gradually piact.cally .. - Superior Tool & Die Corp.—5-Cent Dividend— the the at converted were and the on in was war sale funaed 422,364 $0.36 deprec.ation, of United States Government securities, notes receivable (net), $719,438; inventories, (net), $2,100,769; emergency facilities (net), $558,786; unexpired insurance, $15^492; ex¬ penditures chargeajble to unshipped orders, $86,680; total, $5,426,299. $1< «63 3/2,214 s.iare____ per "After restrict.ons $1,262,434; investments, $77,829; plant and properties 1938 1939., 1940 stk. common rates Operations—Company ruboer of inst.tuced sions, etc,, $212,470; provision for 1941 Federal and State income taxes, $120,003 of made $233,320 *.:■&* y current converting of values iore.gn "free" converted earnings :Domestic Liabilities—Accounts payable, $378,437; accrued wages, taxes, commis¬ 1941 proiic ry:) - $250,010; Subsidiaries) Owned Wholly 6 Mos. End. Nov. 30— Shares —_———_ from the where were and sales *, followed was ■ —. , Assets—Cash, - 1941 1942 509. (Including "Net 69,000 A. ' assets practice exchange preva.Lng at tiie close of tne year or at tne rates of rates ilab.lities — $344,494 ;.. $233,320 83,832 *./.!; 83,832 $5.81 $2.77 y.; — ll,la5,303 ! ' Sterling, Inc.—Earnings— /*!.>:■■ par)— (no 1940. " ■ Jan. 1 to Jan. 31—■ $4,742,702 $17,131,946 $13,oou,301 $6,083,565 fest.) 542, capital stock of f ———— Earnings per share ' End. Jan. 31 ■>/:!:/ 1941 -—10 Days 155, p. current fixed » $487,007 surplus Balance, ll,<9lVs»59 $13,484,663. $24,168,023. $37,652,686 $35,515,072 T_— current-'l.ab.Lties •(. and 13,747 . "Including provision for depreciation of $130,231 in 1941 and $129,745 Southern Ry.—Earnings— .!■►'. —V. 82,908 > . Jty 142,514 ry'' less dividends on treasury stock 123,008 1,808,955 524,941 ; 1,526,914 598,915, 1,931,963 ,• 4,190 • 7,059,2'$ A 4,rm,pa'l . established The 100,000 profit , —594,725 Total 15,329 , 18,619 .',,25,418 .." 212.500 . 301,717 578,398 ' ...; ruuoer , $275,094 . 151,169 427,229 Far z— Canada ; 155, p. 56. earnings • 20 094 •. .. . and State, income taxes—- Federal for Dividends paid, in Gross . 4—.i sale of idle property—; on Shares Balance ^^ ' ... East '. - Europe. /' and 'r ■ Asswts 65,700 72,300 .■ .- (net) discount and 1 - —, interest Provision for contingencies.—.... $869,667 412,296 $12,018 stock——! stock pref. on Amortiz. ——— income Provision 388,723 34,358 $57,225 income Net Divs. $414,303 „ Miscellaneous expenses, less income $1,258,389 $1,203,829 386,258 31,170 32.336 ' deduct.. other $66,583 $89,561 income—j— and $348 603 / . Other depreciation amortization!— Gross $919,943 15,989 1 profit' income Total Loss Int. 4,151,643 expenses—. and /i Assets/ Otuer for and 5,769,689 ...—v....$935,937 and ' Other Total 1941 Total 1940 / $360,315 $9,933,243 $10,623,558 $10,'j52,6ad 2,734,107 " 9,i93,a2o 11,927,993 110,523,511 / Malaya Pn.l.pp.nes $4 500,246 579,658 36,952 : profits. excess Prov. 175,582 39,065 income sales Operating $5,057,079/ $4,689,691 1,851,451 1,925,735 $435,653 198,183 .l ' as uou.nries *ore.bn of the ; cousoL- ) assets the losses, war in were: Net current I"//-:/v/v' England 1940 : ' • $6,689,633 ... of *Cost $451,874 expenses,. taxes—Gen.— for provisions Tor sneet ;; Export operat.ons; 1941—12 Mos.—1940 1941—Month—1940 revenue Operating 1941 sales Net Period Ended Dec. 31-r— balance Netuerlands East Ind. Calendar Years— dur.ng the year. subs.d.ar.es lo^aceu its Plantations; Taylor-Wharton Iron & Steel Co.—Earnings— 56. p. the deducting Dr.t.sn Balance States prov s on Valuation of Foreign Assets 110.782 5,294,756 2,726,397. 509. p. Un.ted ■/;);/ 116,996 5,604,120 _ — ——— 171,438 $37,179 in the received •. ... for tne est mated war Approximately $1,600,000 of this amount was before the above. mentioned losses - •/:•/ ■ . derived from the plantations during the company $2,629,160 was. V ! _— — — Earned surplus / 14,286 income of net year etc. equ pment, 7.109 7,483 y the lor war losses, $17,514,986 is invested in land, development of trees and $1,358,020 in buildings, reserve and machinery, 663,242 $29,826 stock—! pref. on before concessions 11,959,993 oaten $1,072,329' Total income Net 873,006 ;. / * • . $1,000 000 ./. ... ...— ——— Deferred credits Reserves income Gross .... accrued Interest 375,000 419,450 $98,549 ; *- ; accrued • . 11,959,993 par—i Customers' deposits 17,224 no (unsecured). payable to banks Accounts payable Notes 1,876,268 taxes—Gen.— Federal $3,954 506 :: $1,000,000 shares, 597,866.86 stock, Common 229,103 expenses for Federal $4,704,806 $361,823 $449,868 revenue '• preferred stock ($100 par)— T'/o 1941—12 Mos.—1940 •! 1941—Month—1940 Period Ended Dec. 31— : Liabilities— South Carolina Power Co.—Earningst -Tuesday, February 10, 1942 & FINANCIAL CHRONICLE THE COMMERCIAL 642 in 1940, $2,379,862 JIncludes adjustments doe in to 193.9, $1,479,654 foreign ..amoun-t^Qf,i$135.490 ,in .1940. .$821.513 ex^h-mge in, 1939 in 1938- .. . fluctuations and $127,318 in in the" 1938. THE COMMERCIAL & FINANCIAL CHRONICLE Number 4044 Vojume 155 Consolidated Balance i . , Sheet, i ,ii 31 Dec. ... 11 - 1941 1940 $ tively minor importance which are included herein lor periods varying Assets— uaSS *. anticipation, notes, series a ifj? r and '649 receivable"'""**"'—"'""'"""'* notes 34 896904 aSlllS Finished goods Goods in process of Raw materials 28,840,248 7,008,861 26,270,829 26,213,075 manufacture-^———8,302,049 38,515,281 ^sceHanMus"lVvesWentraTcosr or"l6werI_-^2' . 1J80J28 Prepaid and deferred assets-,----—, 1,155,594 net Total , »nA seq ■•;/"■■•='-:■:■'■-■■.-{? ^ ritories subject to contingent liabilities reported $1,048.553),. $2,052,348; : First mortgage and collaterkktrust 3%% series A, due July 1," ■ 1,400,000 for Reserve 1,748,495 350,359 ; .489,304 General reserves 4,113,951 •Minority int. in cap. stock and surp. of sub. cos. 418,671 •8% non-cumulative preferred stock ($100 par) 65,109,100 •Common vstock ($10 pari—17,390,920 •Capital surplus ——' 12,486,863 •Earned surplus 17,160,706 excess profits taxes, of blocked funds-in tProra less customers, 707«on in reserve iQifii SAfter depreciation of $93,175,190 in 4941 • 1iAfter > depreciation $17,176,869 in 1940., and amortization of $258,125; and; $89,010,868 Jn $18,120,284 in capital ; 1940. preferred stock — , . e i ' ' , 1 1 . , 1 - *• . The the (& Subs.)-Earn!ngs- T.. ■ land in retirement the Inc., Co., n - have stock declared > . --—-—————^——r-_ $4,976,799 186,009 <15 162 807 nrnfit 246,330 6,525 11,656 $1,159,311 \. -:. . :■ ^^—— ' ■•■■ $84,177 ■ $273,858 V*:- .• '•■.;■ 50,000 31,420 , 56,187 ; taxes.-——22,824 12,883 108,122 — . Reserve for contingencies Capital stock (145,000 shares 520,000 60,193 520,000 80,813 ^$1,265,290 $1,159,311 surplus, - : — 60,193 1532. p. : Western Auto Supply ^ first 154, par) no • Total —V. 4,639 26,901 272,920 Capital surplus Period End. Dec. 31— Co.—Earnings—- 1941—3 Mos.—1940 *Net profit tEarnings per share—— ■ 1939 1941-^-12 Mos.—1940 $1,032,195 $1,312,697 $3,200,710 $1.37 $1.75 $4.26 $2,916,578 $3.88 1, Month of January— sales Retail 50 ' cents June and 1 $1.50 —V 1 154 Sept. Combined: I.-.: 1, 50 charts PfovLion for income~and"excess ^ —. , , ,. ., - of 50 0f eacjj the. four *1 105 nroifits "takes"T<•' 1 843 464 ' . i,M^,4b4 Profit on foregoing. basis—$2,611,805 requirements on first * ; pref. 8% cumul. stock of Universal Pictures . ' Co., Inc., held by the public-^—--4—-.— > t83,632 "Proportion of profit applic. to min. com. stock. holders of Universal Pictures Co., Inc.—' $186,971 ^/. / ~ troller C f and, in addition, 155, for period — $2,341,202 |rTinro,, . taxes. ST AT E 1940 • !»' sdo *7 fHJHS iri 15i,» P* 1»1, ° —; ,• , ■ manager three been for years comptroller appointed the of manu¬ to company's declared a dividend of 25 cents per share on payable March 16 to holders of record Feb. 14. 1941 were as follows: March 15, June 13 and have stock, during Sept. 12, 25 cents each; and Dec. 12, $1.—V. 154, p. 1104. Wheeling & Lake Erie Ry.—EarningsDecember— Gross ;,. Month of January^ ry. ' 4,553,345 ' 645,945 44 -;'to «««> 417 AN D ; 269,959 374,540 16,997,566 5,693,400 4,344,733 14,919,230 21,221,641 7,703,842 income— 162. 3,972,442 Month of January— —V. ——... 309. p. 10,981,730 4,782,586 2,893,881 2,184,561 - 1941 1940 $28,344,905 $22,007,207 $20,512,033 ' ; 8,017.806 : 1,297,490 (Rudolph) Wurlitzer Co.—Earnings— 9 Mos. End. Dec. 31— *Net profit Shares 1942 279,363 * f 4,083,761 1942 — 155, flotvROR 3,559,246 1941 $6,479,637 *After $1,022,317 V. 154, 1941 : stock——1—^—> — common Earnings Increase ' 1 313,914 ' Sales wi' an oper, 155, p. ; 271,520 t 1938 $1,102,143 (F. W.) Woolworth Co.—January Sales— 444,959 > Sales— ; 195. ; 1939 $1,350,376 386,854 373,581 1— from ry. —V. 1940 $1,332,861 $1,708,786 534,724 Income— oper. From Jan. $3,706,679 946.546 1,113,253 $7,501,954 p. railway railway. from Net - Sales '—V. 155, 1941 from Net 1938 ; : Walgreen Co.—January 1 017*70 tm 10,257,910 ■- , ^fi 1939' $4,214,016 railway—18.196,236 vll,308,125. 10,417,386 ias°« xr L $2,232,805 provision for Federal and foreign income tlncludes $42,956 paid during year. $344,878 directors common Distributions ;iV' ;* Net 872,565 ——— has company, Westinghouse Air Brake Co.—25-Cent Dividend— The the / $4,111,690 1,331,559 : the a . 1,205,617 »• —: - _ December-r-. 1941 595r Gross from railway,-- $5,229,773 • • ! ^et from railway_A--^ ; 1,752,412 •> ^ f ' for railwayNet from railway--—— J} ' '•• .Wabash Ky .—Earnings— , 130,240. ' $3,208,000 the new post of manufacturing de¬ effective Feb. 1, 1942. Succeeding Mr. Ricok as comp¬ manufacture is John M. Stahr," who has been works comp¬ the company's Hawthorne (Chicago, 111.), plant since 1936. p. 512. of Like amounts 16. 1941, , . this relations of troller • i>. «^ ; $3,686,000 last . $2,363,045 $4,946,000 •. Net ry. oper; income-r div. •——' Hicok, M. for personnel Vultee Aircraft Inc.—Preferred Stock Ruling— • 269,760 sales sh"e^'ff cS of quarters :■■■■.-v.v;:, .'.•■■■ $7 468 640 1,350,000 Inc.—Change in Personnel— facture 4 stock, payable March 2 to holders of record Feb. ; 1940 $1,858,000 1,786,000 Western Electric Co., : partment, — f ■ 1941 $1,900,000 2,238,000 —— Edward •. the common and Dec. 1, a on —V. jn ——— —V. 155, p. 271. on :r.•• made cents each; were 1272 p •: ^ paj^ 1942 $2,708,000 ; — sales and the usual ;- were excess , share per ViCk Cn€mical Co.—Extra Distribution of 10-CentS— . charges, including provision for Federal income and taxes. tOn 751,368 shares of capital stock, $10 par. January Sales—- 1938 . , of ;.V'... of ' 17,382 "as made °" J"ne 2' $3,198,879 'Other provision jor income ana excess pronts taxes—: *Includes 331,262 165,447 Gross Profit / — Provision for Federal income tax ' wT. ; Ended ...... other income and credits . 2,670 Customers and other credit balances—12,180 Customers' and distributors' deposits—— ; 44,461 ' : 'a- ■t payable' Accrued The Uniform Practice Committee of the National Association of Securities Dealers, Inc., District No. 13, announces; "We have been advised by the syndicate manager that the syndicate 5 Gross profit —^—v—1 $13,621,55a $10,737,856 in Vultee Aircraft. Inc., $1.25 preferred stock closed Feb. 5, 1942. .Selling- and .branch expenses; ,i--i.--^ii;^i.^/^''-,7,014,390^,/6,338,-172:V.:;..:»-'i'!Accordingly,:';ali; transactions in this stock should henceforth be General and administrative expenses 1,630,364 1,200,803 'flat' unless otherwise specified."—V. 154, p. 1732. cumul. 814,093 2,670 Liabilities— profits - , dividend a 323 ■■'• 669,640 - Notes payable Wholesale 1941, the following distributions Marcn year-end ^ provision for — $1,265,290 Accounts , , t • 1940 24,130 1934, of $91,610; . 1940 18; During stock: . . 53 Weeks - Ended Total 1941 . $60,103 quarterly dividend of $1.75 per share the 1st preferred stock, both payable March 2 to holders of record on Nov. 1, '41 Nov. 2, '40 Income from operations—$30 254.319 $27,643,824 Cost of sales and service_-^-Ai-_i—^16,632,766. 16,905,968 Profit 30 $187,138 Kaalte Co., inc.—50-Cent Commond Dividend— directors common Feb. •, , u":"* V52 Weeks Period— studio of through Pictures 1941 t , 'i'1 arising Universal - » *an : .. v; :. v — - Totgl profit I— $3,844 t$67,660 t'$ll,929 t$25,419 depreciation, interest, taxes, etc. tLoss.—V. 155, p. 271. 1 ^ Universal Corp. " Sheet, Sept. less reserve for* depreciation——— Deferred expense .» After .. • j surplus of par value revaluation the 3 Mos. End. Dec. 31—; »Net , „ " Balance Fixed assets; Universal Cooler Corp.—Earnings— ' - factory for the exclusive manufacture of improved types of asbestos yarns.and fabrics will be constructed by this company. in Hogansvillei Ga„ according to H. Gordon Smith, General Manager of the company's Textile Division. In the same city the company has purchased the Hogansville plant •of the Callaway Mills together with its equipment. This will enable .the company to make substantially all of its own duck for belting, hose and other mechanfcial goods.. The 400 workers of this factory will- be • retained' on their jobs, according to Mr. Smith, and it is probable that others will be employed. v... a. The. new asbestos structure, to be erected on land owned by the company, is required to meet the rapidly growing demand, for asbestos ■f products, according to Mr. Smith. Asbeston is the trade name under which; the company's; asbestos. ^textiles are sold. Output of ;Asbeston was greatly increased lasts July when considerable new equipment was, installed in the Stark Mills.; The expansion ptans now underway double present. eapaclty.-V. 155. i *$39,067 *After all new "... 4,741 $4,582 , New ASDeStOS Factory— JNew Asbestos f actory A Crl35 $74,239 *5? aroVv'. SroV thereof), $3,679,767; capital $1,833,425; total, $21,143,224.—V. 153, p. 707. and 1941 ' , SZfSSSL slock over the shares of common surplus arising through • " —— Earned surplus —————-4-—; ' ^ • 1.734 $192,107 — *$34,326 — upon ; a. $4,447 Accrued payroll •-;* (M^aa^ • In * accounts $74,239 Investments pref, 8% cumul. stock of Universal Pictures Co., Inc., outstanding (exclusive of 5.581 shares held in treasury of that co.); $1,816,861; capital stock* (525,681 shares of common stock), $525,681; capital sur- doubtful $193,841 Inventories pictures' Co.; Inc., applicable to min. com. stkhldrs., $203,341; first ■' ' ' v " tLess reserves ($92,069 in 1941, $40,394 in 1940). i, i; $785,430; other liabilities payable - lor 584 "'■> a p_-—— 224,704,459 192,805,965 "Including 20,000 'shares of U. S. Rubber Co. common• stock (at cost) purchased in 1941 for bonus distribution in January, 1942- (market value, $439,602 for 1941, $526,133 for 1940. • " *1 to 16,844 Assets— • payable - ,- . iQ4i notes *$11,813 3,584 17,382 Accounts receivable, less reserve—68,056 Notes receivable _i——' $115,386; expenses, 400,606 65,109,100 17,360,920 12,456,836 12,143,005 ' Total • • financing *$41,386 7,060 $347,693 $88,038 Income realization U. S. dollars, $1,366,271; advance payments and unapplied collections in respect of film service, $294,254; remittances from subsidiary operating in foreign territories, held in abeyance, $285,008; long-term liabilities, $6,544,934; reserve for contingencies, $68,445; deferred credit with respect to 5,581 shares of first pref. 8?t> cumul. stocx of Universal Pictures Co., Inc., held in treasury of that company, $233,327; proportion of capital stock and surplus of Universal , 3,608,798 ——. unamortized rent, 175,000 9,779 Cash at cost, taxes, in- company, prepaid 169,221 163,631 less inc. Condensed bank maturing within, one year,'$720,000; real estate mortgage instalments maturing within one .year, $2,929,: accounts.payable and sundry, accruals, $1,988,329; accrued participations of certain officers and employees, .'$181,229; owing to outside producers and others, $264,257; reserve for Federal income and —- for pensions—: insurance—-<—1,723,025 affiliated an $66,953; etc., total, $21,143,224. .Liabilities—Secured 41,067,000 1958_jy__~37,947,000 Reserve for war losses—-2.-—-- $162,742; W1U' . 5,646,650- bonds, Reserve 221,913 614,294 tax— (less reserves $211,551) *ri™^ iT-fool an-•'trade' names'-: $137>500' 8°°<b . Other accrued liabilities (including , bonuses • payable in cash and stuck7,433,658 investment in leases, on 1938 $747,909 Net additions to surp. :*Loss. S"/tjesf ^24^^ - 9,009,975 23,842,511 Accrued takes etc., '"surance, 23 906 220 -S^OOiOOO' deposits $184,001; ! 1939 $925,791 768,382 deduc.— « $496,750; fixed assets (less reserves for depreciation and amortization i92,8UO,ybo 31 488 750 Gover^VnTcon^ 010319 825° »f2'°92j Inventories. , $10,319,825, »™ucersh operating profit— Net operating in foreign territories) ~ Accounts navahle 1940 $1,149,876 839,925 profit; for period Non-operating deducts, from surplus Nov. 1, 1941 (Without consolidating the assets and liabilities of subsidiary companies iQo nnei 224,704,409 Liabilities-— Advance under '■ Net Other Federal Consolidated Balance Sheet, /w.sm • .1941 $2,812,640 goods sold— 2,188,039 Engineering, selling and admin, expenses —276,908 ^sented by blocked-cash and accounts receivable in Great Britain. 47,027,417 19,082,676 8Net properties, plants and eaulpment--.-— INet plantations properties, plants & equipment sales —i——— ■■ M57;943 47,799,071 18,873.006 ; , (2) The above statement includes approximately $3,250,000 in 1941 and $1,524,000 in 1940 constituting the unremitted portion of Universal Pictures Co., Inc.'s share of income derived during the fiscal year from the distribution of its productions in Great Britain which is rep- 535 220' 864 34941 778' dOther accounts and notes- ■"■ • Co.—Earnings-— 12 Mos. End. Sept. 30-*Net Cost-of ^ <?arnrTtip<5 •Markptflhia tAccounts in. dates. • ^'l35'93! 20'010V 53 Treasurv'taK antlcfDaTion"*nVteFTeries" A and Waco Aircraft territories less eliminations and certain foreign subsidiaries of rela- $ • ■> 643 i Notes-—(1). Above tables includes subsidiaries operating in foreign .•<: , i .I 1939 $598,314 $354,343 409,573 per share—' depreciation, normal Federal p. 1940 $771,762 —— 409.573 401.173 $1.72 and State $1.29 income $0.71 taxes, etc.—► 1195. D EPARTMENT CITY BOND PROPOSALS AND NEGOTIATIONS ALABAMA whole order Sheffield, Ala. Bond Offering—L. H. or of in part, in the inverse their number, interest payment date on on or any after Manning, March 1, 1945, and until March .1, of Com¬ 1951, at a redemption price of par missioners, states that he will re¬ and accrued interest, plus a ceive sealed bids until 11 a.m. on premium of 3% of the par value Feb. 12, for the purchase Of $975,thereof; from 'March I, 1951, . to 000 secured refunding bonds. March 1, 1956, at a redemption Dated March 1, 1942; Denom. $1,price of par and accrued interest, 000. Due March 1, as follows: $12,plus a premium' of 1% of the 000 in ;1945,, $13,000 in 1946 and par value thereof, arid thereafter 1947, $14,000 in 1948, $15,000 in at par and accrued interest,' .by 1949 and J950, J17,000 in 1951, the publication of a notice of re¬ $20,000 in 1952, $22,000' in 1953 demption; not less than 30 days and 1954, $23,000 in 1955 and and. riot more than 50 days prior 1956, $24,000 in 1957 and 1958, to the date of redemption; Each $25,000 in 1959, $26,00.0 in 1960^ bidder shall specify the rate of $29,000 in 1961, $30,000 in 1962, interest which the bonds are to $31,00Q in 1963, $32,000 in 1964, bear and shall use the lowest rate $34,000 in 1965, $35,000 in 1966, of interest at which he will pay $37,000 in 1967, $38,000 in 1968, par or more for the bonds, ex* President of the Board for the bonds highest bider net the interest cost to the city shall govern. The bonds will not be sold for less than par and accrued interest: to date of delivery of the bonds and payment therefor. Prin. and int. payable at the Chemical Bank & Trust Co., New York, or any other place acceptable to the city and the purchasers. In the event that prior to the delivery of the bonds, incomes received by he will ARIZONA his the legality Flagstaff, Ariz* bonds and a Bond Election Planned We ' certified copy of all proceedings understand that the City Council, will be furnished showing author¬ is planning to call an election ity to issue the bonds. The bonds early in March to submit to the are secured by the full faith and voters an issue of $352,000 bonds credit of the city and by the tax¬ to purchase the Flagstaff Electric; ing powers of the city heretofore, Light Company building. now or hereafter conferred by law Yuma County School District No. 1 r, on the city. Enclose a certified (P. O. Yuma), Ariz check in an amount equal to 2% Purchaser—It is now stated that. secure such opinion at expense, approving and validity of the — private holders of bonds of the same type and character shall be of the face amount of the bonds, taxed by the terms of any Federal payable to the city. Delivery on Income Tax Law, the successful March T, 1942, or as soon there¬ bidder may, at his election, be re¬ lieved of his obligation under the after as the bonds may be pre¬ contract and the bonds, pared purchase to in such case the deposit ac¬ companying the bid will be re¬ turned. The Commission will (These and are for originally $42,000 which on were Jan. Refsnes, 17. construction bonds sold, as noted here were purchased by:' Ely, Beck & Co. of Phoenix. delivery. the bonds the ready ARKANSAS Arkansas (State of) Attorney General Rules Coun¬ $40,000 in 1969, $45,000 in 1970, pressed in a multiple of % of 1%; furnish the purchaser with opin¬ 1941, the offering of which was ties Must Refund Bond Issue Bal¬ $48,000 in 1971 and $268,000 in No split interest rate bid will be ion of recognized bond attorneys, indefinitely postponed, as noted ances—The Little Rock "Gazette" 1972; provided that the city may or the bidder may stipulate recently reported as follows:. that in these columns at that time.) call the bonds for redemption in considered. 1 In determining. the ■>: X ( 4- i .! i scheduled for sale on Jan. 16, 644 THE COMMERCIAL & FINANCIAL CHRONICLE Attorney General Jack Holt stop¬ Acquisition Of Defense Plants— Board of Finance which approved ped proposals of county courts to The possibility that a number of a preamble to its recommended unexpended balances of Hartford defense plants will be budget program for the fiscal year proceeds from bond issues, ruling taken over by the United States beginning next April 1, providing such balances should be used for 'Government was raised recently for a city budget of $13,974,000, refunds to taxpayers from whom by Mayor Spellacy, who disclosed and a tax rate of 32 mills, an in¬ they were collected, yesterday. that he has unofficial information crease of 2.25 mills over the cur¬ Administration has been unable to gain support in the Congress of its original program to halt the issuance of new tax-exempts. Re¬ gardless of all considerations, the fact is that the municipal bond utilize Similar , opinions on the same subject went to Miller general County Judge C. M. Blocker and Prosecutor Howard the take over Columbia county. written by J. F. Koone, an assist¬ ant. The one to Crumpler was an the to but Hanson-Whitney Arms Machine A Company. Asserting official holding, while that to Judge Blocker was designated as will unofficial Fire Patent Crumpler-of Manufacturing Company, and will Bothwere follow this action by taking title , , to the Flower Street plant Colt's the of is about Government that .■/.': grand list city's the ■' / . be decimated if additional de¬ copy of it was fense plants in Hartford become Government property, and thus no county attorney. Judge Blocker was advised the longer subject to local taxation, county quorum court had no au¬ the Mayor announced he will go thority to purchase federal gov¬ to Washington to present the sit¬ a sent the Miller ernment bonds with balance left from courthouse a construction $37,593.88 a appropriation. o£ the officials uation to States Conference of United Mayors, and to point out as emphatically as possible the predicament in which Blocker wrote it had been called to the attention of the Quorum cities will find themselves if their ICourt local that retired bonds "at this could industries defense are moved from the tax lists. time." "If I could legally advise I be not in you this matter it would be to the ef¬ fect that there is in my opinion no .re¬ ^ rent rate. - ».• .■ market will Mayor Spellacy, terming the sit¬ uation a "serious" one, said he - or more: The Flower Street plant, set up by Colt's several years ago with funds furnished by the British Government, is to be taken $50,000,000 New '-'V fof ' bonds the maturing." 'a surplus in cial taxes could to build be not county jail a transferred to the Corporation, subsidiary of a the RFC, has entered into a con¬ tract to acquire title to the prop¬ county's general revenue fund. "It is my opinion this surplus fund remaining to the credit of the jail fund after the payment of all bond maturities must be funded to whom it came to the- taxpayers re¬ from and not transferred other fund," the opinion Crumpler said. ; ' \ Each opinion contained citations <©£ Supreme Court rulings on the constitutionality of generally simi¬ lar proposals. 'f some to . . Mr.' Holt also + . , advised -W. S. ;Crutchfield, Grant county treas¬ urer, school warrants were not i negotiable instruments similar to ..notes checks and couldn't pay that and he warrant out of a a .school district's funds if the per¬ son to whom it was issued was not entitled to it. Cabot, Ark. erty, including the land, buildings machinery. and A. , v . - . ... Bond State Legality , - ' — The Supreme Court sustained validity of $20,000 sewage disposal project bonds, which had been approved by the voters with a majority of about nine-to-one. The project will be sponsored by Sanitary Sewer Im¬ recently , Upheld the v; : v The Board of Assessors ; has assessed against Colt's in the 1941 grand list property $8,192,000 in 8,300,000 Consumers aggregating cate including the Flower plant, the taxability of Street yield is which , :/../y : all future issues of this character." 1972 attempt to emergency, ; CALIFORNIA i of the State of New York on Beaumont, Calif, the To In of Chamber view of the Warrants Sold—The City Clerk $3,00(1 tax anticipation warrants were purchased on Jan. 29 by the Bank of Beaumont. states that Due on May 1942. Santa Barbara, Calif, Election—It. is stated by election has been called for March 10, to City that Clerk an submit to the voters bonds aggre¬ gating $215,000 and divided as set forth in this $50,000 fire fighting equipment bonds, and $165,000 in¬ ... . of tees ; calls . . at the the for State Normal payment on School March 1, treasurer's office in Gree- ley, all of the above school's fac¬ ulty house revenues 3%% bonds, dated are Sept. 1, 1936. plus Interest premium a ceases on March of 3%. 1, 1942. CONNECTICUT Hartford, Conn. Mayor Warns as an act in bad (4) deprecates It the constant reiteration of the false cry of a "haven for mere- in Washington, It these joins that the and be copies and it further of Government;. • . : < municipalities in their opposition and ' ; resistance ; this to of the of the the borrowing operations negotiated in the recent figures show that sales during the period aggregated up now our $118,255,951. Bulk of this financing/incidentally, was effected prior speech and the results to both borrowers and Mr. Morgenthau's underwriters were extremely satisfactory. Subsequent awards, however, fully reflected the lower price level which developed as a result of the Secretary's recommendation. This phase of the market Against Federal to A prices bonds & of 0.40% to 3% Silver 1966 to No. Bridge incl.; of Walter, sold was of 96, of to yield from York, from 0.50% to to to an interest 1943 to to 2.15%, 7 ' % :y?: < $1,000,000 as, 1945 1.25% from road l^s and Phelps, Fenn & Co., New. jointly, at par. Re-offered according Nelson, Woody & to Stranahan, Heimerdinger, of from 1943 to 1956 incl. Both optional features. ■ V. -1; (State of) to interest Browning & rate Co., and Charles Harris & Cincinnati. of the Co., Inc.. Toledo, bonds The bridge mature Issues revenue y con¬ y*.•'■•/.;■ y;- rul-al credit deficiency fund certificates of indebted¬ due semi-annually in 1948 and 1949,' optional at-par beginning. 1945, were awarded to a syndicate headed by the Wells-Dickey Minneapolis, as 1.60s, at 100.07, a basis of about 1.58%. 1,920,000 Newark Housing Authority, N. J., series A housing bonds sold to a group headed by Phelps, Fenn & Co., New York, at par, for various interest ness, Jan. 15, of making rates, > , to 1943 - .. . V: maturity. 1,919,000 Bay-County, ; Welsh, Fla., & net. interest a Chase i'.lkr- >' ' Davis 1,700,000 Syracuse, ' a net interest cost of 2.23%.. incl. and re-offered to yield 1961 r,:'rto - " basis a of cost of about about of New 1.275%. York, Due ; re-offered to yield from 0i50% 1,250,000 Hempstead, Union Free School awarded to as12.20s, 7 to at 1,021,000 Albany to price maturity. basis a to 1959 by par^ to at - 100.119, 1952 incl., and to 1.35%'t'according to maturity.. District No., 16,, N. VY.,' building bonds . by ,, the First Boston Corp., New York, about 2.18%;' Due annually from 1943 of at • prices to yield1 from about 1.88%: to yield from Due 0.75% serially 0.50% to -•y <■ 4Va% road refunding bonds cate headed by Barcus, -y 1.30s, as from .1943 ' • 1,000,000 Duval County, Texas, >! associates, of re-offered . of to 2.20%, refunding-and* home' relief bonds awarded to Halsey, Stuart-& Co.,rInc.,- New York, as 1.90s, by and price a Y., 100.16. incl. 1961 N. headed of basis a and serially headed and re-offered maturity. County, account a 100.209, incl: 1972 according syndicate a at •• ••. headed group a 3.31'%'*; Due serially from 1943 to 1971 incl: and new capital bonds .purchased by the refunding Bank > , :,/v highway refunding bonds sold to Chicago, as 3s, 3>48 and 3'/2S, Co., Y., N. National Bonds mature serially from 0.50% to 2.25,%% according -..♦ .: Kindred & from 2%, Co., Chicago. an at 1942 to according \ '■ purchased by . a to W syndi- Due serially from 1944 \ :yy. >, incl. temporary ^financing by local " housing authorities increasing the grand aggregate of such borrowing by municipalities during January to a figure of $136,715,867. Large-scale resulted in States and of credit of this character increased has the over level that prevailed several months ago. Canadian municipal bond financing in the past month was lim¬ to the disposal of a small number of isues totaling $1,050,908. The Dominion government accounted for the $90,000,000 of tem¬ ited financing. porary No United -y-. States Possession ' Below we furnish a comparison January 1942 . ' "" $ Permanent loans loans Temp, Canadian undertaken was of 7 all of the various (temp.)____ U. Total U. S. . ;,1941 / ■"•: $ :/•' 7 '' 1939 1940 years, , $ , forms 7/ . of r 1938 1 $ 63,645,197 .84,737,177 103,823,188 47,888,417 181,322,340 159,990,425 v90.168,112 186.428.161 90,000,000 75,000,000 (perm.): 55,000,000 55,000,000 50,000,000 . Canada-^ in in 136,715,867 loans in Placed Bonds 118,255,951 S.)__ loans Canadian Placed (U. S.) (U. 1,050,908 S ——_ 55,657,500t 109,151,900 1,359,207 213,472,037 None Possessions None None V ; None None 20,000,000 /'.■;/ None None ' : " 346,022,726 321,326,744 513,199,639 324,648,800 393,468,478 ♦Includes in temporary securities issued by-New York City—noneMn* 1942; $35,000,000 $35,000,000 in 1940,'$45,000,000 In 1939 and $42,500,000! in 1938. ' flncludes of.$50,008,000 underwritten in London; England.^; .^ v^ 1941; issue | The Dumber of municipalities in the United States emitting permanent bonds and the number of separate issues made during January, 1942, were 189 and 226, respectively/ This contrasts with 277 and 333 in January, 1941. v. ' ) . For comparative purposes we add "the following table showingthe aggregate^ of long-term bonds; put out in the IJhited States for ; January for- a series of years. It will be observed that the 1937 January output was the largest on'record':;../"7,7'7 ;• y 1942 $118,255,951 1941 1925^— $135,536,122 1908- 63,645,197 1924 84,737,177 1923 1940 1939___ 1938 55.071,204 1917 1933 10,160,146 87,050,550 1904-—. — 47.888,417 i92i- immunity of State and municipal bonds, in¬ cluding those now outstanding and future emissions. It may be ob¬ served, however, that a substantial majority of the members of the House Ways and Means Committee, where all tax measures must originate, are reported to have expressed their opposition to Mr. $10,942,068 99.625,470 1907 96,995,609 1906..— 108,587,199 1905 23.843,801 83 B29 89* 19031—-. 25,090,625 1902——. 24,060,11C 1901— 15,141,796 40.973,081 20,374,320 - 103,823,188 1922— 1934 35,834,606 1916— Then, too, it is well to remember that the *y y;y; municipal obligations sold in January during the last five the ultimate outcome of this latest threat to the tax • borrowing 'y-. y'. 97,172,419 1918—1- Morgenthau's suggestion. improvement New 'i'//vyy';y follows: as awarded Pittsburgh, price a 89.523,814 1919 on and Inc., serially to yield to a was revenue project No. 5 bonds, due serially from issue of $1,300,000 3% Market St; bridge revenue, an bonds 6 207,228,381 1920 to speculate sold incl., Co. composed group 1935- course, maturity y? •>■''''y/y-housing bonds sold -;y at 1966 1936 futile, of Due ' Masten 1937 It is Co., & Re-offered maturity. re-offered E. date. 2,700,000 Minnesota relegating the States and municipalities to the function of States report be sent to the President, Secretary members of Congress, to Governors, and Attorneys-General the United States Conference of Mayors. and and Taking the with proposals; month, to and instrumentalities of the Federal (5) A. rich men,", when in fact Treasury records disclose that only 5of the estates of wealthy decedents for ten years was invested in State and municipal securities.. This, false cry fosters prejudice and is merely intended as a cover-for centralizing of financial reaction to the suggestion was adequately reviewed in the "Munici¬ Said bonds pal News and Notes" column in the "Chronicle" of Jan. 29. called at par and accrued in¬ terest, itself government, it should come only through a Constitutional amendment, duly to the people and adopted by .them. It should not come by Administration nor by United States Supreme Court reversal of settled law; ukase, ; (P. O. Greeley), Colo. ./ Bond Calk—The Board of Trus¬ - That the Chamber of Commerce of the State of New York records "tax-exempts" refunding Blair from . 2.53%. 1945. term of both A. Hinsch & Co. and Magnus & Co., all of Cincinnati, purchased $1,040.- ■ "< of States, Colorado State Normal School following resolutions for adoption: works by 1972 syndi¬ a re-offered were - electric by Co., & Housing Authority, Pa- series A by Lehman Bros., New York, at par, for various a net interest cost of 2.10%; Due serially from yield a tain Taxa¬ on submitted Treasury, COLORADO Committee your and one of dishonor if adopted by the Congress of, the United States. This impair the confidence of the people in the pledges of their own Government; (2) It denounces the method of the present attempt to tax future State and municipal issues; (3) It reaffirms its belief that, if so drastic a change as this is to come in our Resolved . certainly will to cinerator bonds.. report, It denounces the attempt to tax outstanding (X) water Commerce: considerations ' y "■ ' about after the Allyn war faith, power follows: the offers Resolved, to while 3%% and purchased C. maturities 99.50, of 3% were A, and serial headed group basis callable and and maturity and follows: form v <Bond tion as a a from 1942 due r-.y' serially Feb. 5. " the one and incl. 1971 project •• of bonds Co. making l%s, January. I 30, and act a price according to maturity. ■; 3,340,000 West Virginia (State of) Cost "not calculated to increase the citizen's confidence in the good faith of his government." In this connection, it is pertinent to reproduce merce Dated Jan. 30, 1942. \. v under the guise of proposes, unconscionable an net interest a headed account -T-; of industrial to according rates, 1971 & 2'/2%, Neb., Division) 1 Ala., 3,742,000 Philadelphia • to a 100.641, incl., 2.75%, District, Nuveen par. at 1942 In view of this clear-cut statement and the previous record, it is to awarded 2%s, John 1.50% 4,250,000 Birmingham, 000 personal belief that the income from State, municipal and authority bonds is taxable under the income-tax amendment to the Constitution. As a matter of equity I recommend legislation to by 1943 at bonds Power. Nebraska The of priced v;; V herewith the text of a resolution adopted by the Chamber of Com¬ provement District No. 1. headed Chicago. y. my apparent that the administration 2V2S, due serially from 1943 to 1972 incl., and interest charges. Public (Western revenue . tax a to 2.25%, according to coupon rate and ; This financing was unique as it represented the first housing authority of bonds issued in connection with the low-rent housing program-in co-operation" with- the-United States1 Housing Authority. The lower "interest cost basis on which the local housing refinanced its outstanding funded debt, including obligations publicly held and those taken by the USHA, resulted in a saving of , was it is New of i date of maturity. refunding by any ^ principal development in the municipal bond market last the recommendation made by Secretary of the Treasury Henry Morgenthau, in an address delivered in Cleveland on Jan. 24, that outstanding issues of State and municipal bonds be made subject to Federal income taxes. The reaction occasioned by this startling proposal on the market for municipal securities was, naturally, highly destructive. As Mr. Morgenthau's address was made on a Saturday, it was not until Monday, the 25th," that the market had an opportunity to evaluate this .wholly surprising , threat to the status of the approximately $20,000,000 of State and municipal bonds 'presently outstanding. : "•/ J •' ^w- -';y ' '■' '''7 Nor was the surprise of dealers and investors in such instru¬ ments not without full justification, as not only Mr. Morgenthau, but President Roosevelt himself, had on many occasions stressed that it was not the intention of the administration to disturb the tax-exempt status of obligations previously issued and outstanding. In all of their public expressions anent the question of removing the taxexempt feature on local indebtedness, both the President and Mr. Morgenthau clearly stated that they were referring only to future emissions.; :'Vv-; './>•■ Hy; .-VyO.v Indeed, it is only necessary to refer to Mr. Roosevelt's budget message to the Congress on Jan. 7 of this year for evidence on that point. During the course of that message,, the President stated as follows: "It seems right and just that no further tax-exempt bonds should be issued. We no longer issue United States tax-exempt bonds and Y Bank City on a bid of 100.0938 for a yy;,y/:;;!vyyafc' prices to yield from 0.60% • Municipal Bond Sales In January month by the to . The ■ jointly awarded were • from ' bonds National purposes • York, re¬ spe¬ municipal headed 2.439,%. The financing was highly successful,.the syndicate manby the U. S. Government under ..< > agers having announced in mid-afternoon of the day of the award that the lend-lease program, but the ivi.:*Vthe subscription books had been closed; all bonds having been drawn 7„ I plant: will continue to be oper¬ from the account by members. / v 1 --V ''v":-'-"vV r ated by Colt's, according to report. !: 17,350,000 New York City Housing Authority, N. Y„ series A first and second ;;f series refunding bonds purchased privately by a syndicate headed by " v Attorney Lucius Robinson, coun¬ Lehman Bros.,; New York, at a price of par for bonds bearing interest rates ranging from 2.10% to 3l/a%, sel for Colt's, said the Defense making a net interest cost of 2.2375% .; y'V /*•'•• •-•'.. The bonds mature serially from 1943 to 1972 inch and were re-offered Plant ■ fund 7:,-," -. various of discharge special a Y„ syndicate v/$18,000,000 2 Vis, maturing from 1943 .to 1952 incl., making - sulting from bond issues and N. .V: combination- of $32,000 000 over being disputed on the will confer with;Paul V. Betters, ground that this property is owned director of the national organiza¬ by the United States and British tion of municipal chief executives, governments. The Crumpler opinion said that following issues of $1,000,000 v.- York an(* the Chase National Bank of New York, a'y'"'' • for York, nation-wide : Mayor F. H. LaGuardia, president this property on the tax exempt rate of taxation in order that the of the organization.;:.. list was filed Wednesday in the • The city's chief executive taxpayers would not have to con¬ ma|e Court of Common Pleas, and tribute any more to this sum until this disclosure at a meeting of the Continued on page 645 needed :y. ; . definite a , • Court could and should reduce the was obligations, pending new determination of the question. v. The January financing included the authority for this surplus, •there being outstanding unpaid to urge that he immediately bring An appeal from the refusal of bonds," the opinion said. "It is my opinion the Quorum the problem to the attention of the Board of Tax Review to place it probably continue to reflect apprehension regarding the future tax status of both old and $8,699,000, : Tuesday, February 10, 1942 — — 1— — 1900—1 i.. FOi»"/v.0Qr 1899—. 8,307.582 8,436,253 10.915.845 9.240,864 6,075,957 1932 138,248,064 1915 34.303,088 1898^—. 8,147,893 1931 50,648,907 1914 10,405,776 1930 109,842,814 1913 84,603,094 1897/-J-. 30,414,439 1896.. 1929 75,710,723 1912 100,343,627 1911 1928 1927 1926 —— — 206.877,975,1910 70,366,623 11909— 25.265,749 1895— 78.510,274 — 1894 16.319,478 1893———. . — 29.318,403 6,507,721 10,332.101 7,072,267 5,438,577 Volume 155 The • THE COMMERCIAL & FINANCIAL CHRONICLE Number 4044 ' is following detailed list of the municipal bond issues a Page No. Name ' 1 354 Acadia Acadia Parish Road Dist. Adams 195 Fourth No. 6, >353 249 ,148 148 S. 2, Idaho__ 405 Barr Baudette, 145 1942-1954 " 1950-1961 V> 1942-1961 1942-1951 1943-1966 ; 10 years 1943-1950 1943-1971 :__-,_2% _ Bessemer, Ala. Brownsville, Calhoun *310 County, Celina 96 252 Champlain N. Y. ; 9,000 100.28 149 r727,000 100.16 100.16 149 150,000 ■ 101.94 251 3% S. 18,000 • - No. D. ; v 70,000 3,000 Columbus, Miss. 197 Consumers Public 353 Cortlandt Y. 249 Cripple 249 Cripple ^ >254 Deshler, Durham, 150 Liberty, West New West Orange, Fla. (2 255 494 4 Fallsburgh, N. Y Edward, N. Fort 146 Gary Glenolden, 357 Graham, . issues). Y 253 490 ...__2 Auth., Hous. 253 1.90 1.90 Ga. 2-3 2 253 (2 490 Ind Ind. S. Tex. D., 95 2(6-2% __ Granville S. Dist., Ohio—* 493 Miss. Ohio— York, N. J sales bond covering 312 d for . Following . Bond 100 •'. : ' ■ w ■ — 1.10 100.45 r45,000 dl2,500 in 45,000 104,000 97.27 100.41 1.73 1,000,000 ;i T6b~20 ~1~87 rl65,000 100.20 1.87 53,000 100.30 1.19 rl56,000 100.17 1.47 100 Local 195 Carthage, recently by Harry Miesse, Secretary of the Indiana Taxpayers Association, 100 2.50 2.24 101.29 1.37 taxes 350,000 100 3.25 higher this 100 Too showed r .TrTTVTT- for obtained by States Refunding bonds. previous months "Chronicle" Page number of the Indiana property $8,677,814 year if officials who prepared the budgets had encoun¬ ing funds that would have been tered no opposition to their spend¬ program. The advertised levies asked for $115,207,931, but this total was cut to $106,530,117 by the action of local boards, the Indiana tax board and the had shown this gets, H. (Nov.; jy2 that if the taxpayers: interest in the bud¬ no large reduction not have been made. jou,uuu committee. finance state Miesse said 111. 490 Owensboro, Ky. 1942- $8,677,814— announced summary 100.15 25,000 Fordyce, Ark. Mount Erie (State of) Budgets Cut r23,000 is given for reference purposes. 250 A rl30,000 sales about INDIANA dl, 040,000 35.700 35,700 3, 1941, issued |T.;;T Indiana 3.00 175,000 dl,300,000 June on to be are 2.22 100 in 3.28 rll0,000 C. and Treas¬ connection with election an April 1. ■ 353 ried at 30,000 dl50,000 our states urer, Planned—J. Clerk $75,000 refunding bonds that car^ the bonds — ;_k$118,255,951 same. Issuance Dorough, City 2.75 100 35,000 1943-1946 issues) from GEORGIA 42,000 included issues eliminated be special districts, Cordele, Ga. 1.30 100.02 r48,000 municipalities from agencies of the Federal Government, should road and noted here on Jan. 17—v. 155, p. 249—it is re¬ ported by J. Edwin Larson, State Treasurer, that ten parties offered bonds. ::TT':T ■ bridge 1.27 5,000 Optional, k Not including $136,715,867 temporary loans or and and of various 2.00 100 municipalities January ;.(189 separate 226 and indebtedness 1.27 100.11 300,000 1, Ariz.__ County S. D. No. • 100.11 500,000 1943-1952 1943-1957 1959-1961 1953 1945-1951 10 years — Total Hagansport Rural H. 8. D.f Tex—3(6 356 Halifax, N. C 4 95 Hamilton, Ohio —2 312 Hamlin Ind. S. D., Texas 4 353 Hancock County, Ga— 2% 254 Hardin County, Ohio 407 Harney Co. S. D. No. 13, Ore 2 251 Harrison County, Miss _4 *356 Hazelwood, N. C.__ 355 Hempstead Union Free S. D., No. 16, N. Y. 2.20 146 Henry C'nty Hous. Auth., Ill._2%-2(6 310 Hillsborough County, Fla 3 V ; N. J.__ .____ Guttenberg, N. J. (2 issues) 4.00 v 1943-1960 1942-1949 1943-1947 1946-1971 1944-1958 1944-1966 1961-1964 1952-1961 1942-1966 1942-1956 1942-1966 1943-1951 1949-1962 1943-1952 — 490 Pa. 491 -Greenwood, 94 West Yuma D., 100 : r60,000 23A 23A Watonwan County, Minn ___1(4 Westchester Sanitary Dist., Wis.—4(4 West Liberty, Ohio— 2 249 S. 205,000 1.46 rl,200,000 ' 2.22 100.35 . 1.48 100.07 1943-1952 Ga. 199 County 2C0 255 Miss. 148 Ark. 310 Gainesville, 149 Vicksburg, Washington, (2 -iy*-2¥i i 13A 355 issues) 2.10 100.11 d6,650 1 to 20 yrs. 5 Ind. 490 Escambia 100 counties 1.22 of negotiable notes ' Wallington, N. J 494 1.25 | 25,000 149 C 1.22 100 • the offerings 75,000 2 N. 100.27 100.27 r5,000 —2 Grulla Common S. D. No. 1, Tex._3 City, 310 Eudora, 355 Miss.— D., (or) r85,000 ■ County, certificates 4.00 . Re¬ with or unmatured original refunding road and bridge or highway bonds, time warrants, 190,000 50,000 Tenders connection or r399,000 35,000 Note In of matured 1.84 100»' 1943-1962 -3.10 2 (4 •: West Virginia (State of) 1(4-13A West Virginia (State of) 3 West Virginia (State of) 3 White Plains, N. Y. (2 issues) 1.90 White Plains, N. Y. (2 issues) 1.90 Wichita, Kan. VA Wichita, Kan. ;__iy8 Williston, N. Dak. 2(4 Wilson County, N. C. (2 issues) 2'A Winnetka Sch. Dist. No. 36, Ill._l(4 Winton, N. C._— —3(4 Woodstock, 111. 2 Youngstown, Ohio :___ 3 Elm 311 S. Vanderburg 102.71 tTi.400 2 407 Egelston Twp. 489 < Valley Cons. 357 Texas Ind. Scl 147 356 1.66 1943-1952 1943-1947 -lVa .___4 ( 1.30 1.30 of), Conn D.» Wash. 406 (3 issues) N. C. County, 252 Dwight, Neb. 357 Ector (City Star Indep. S. D., Texas Syracuse, N. Y Syracuse, N. Y. (2 issues) , 30,000 . 1942-1963 1951-1955 1943-1951 1948 1945-1951 1943-1952 1947 ____4 Schenectady, N." Y ___: -.VA Schenectady, N. Y. (2 issues) :_!% Shawnee County, Kan,. 1(4 " Shawnee S. D., Okla 2-2(4 Somerville, Mass. ;____ 1(4 Spring Valley, N. Y.____ ; 2% 353 Duval 12,000 and — call for tenders of sealed 100.28 2.50 Indep. S. D., Texas 355 Ohio 149 ceived 3.08 491 Housing Bond 1.97 100 1951-1970 2 _i_ issues) Texas Florida, State of : 100.30 Ga. 147 Denton, 2.47 100.44 1944-1946 2 200 Toppenish S. 490 Toulon, 111 Pa._____ 255 Dallas County, FLORIDA 1.08 100.25 200,000 Dale, 253 XJ_1% Minn 146 Danville 101.23 50,000 r70,000 Stamford Creek, Creek, 146 10,000 85.000 Martin, Minn.__ Paul, Minn.< Savannah, 253 Colo 149 r6,375 1942-1954 iQ<n_i<U7 / 1.28 493 Corvallis, Ore. Crawford, 1.93 4.67 . 1.94 District Fr up as a reserve. — -.-n 102 100.12 253 249 r20,000 100.50 490 . 356 102.14 dl25,000 25,000 356 Ga._ S. D. Union "*/ 1944-1961 146,000 356 Cook County, 491 30,000 1943-1957 490 County, 1.89 recommended 90,000 St. 356 County, i:310 Cook 100.03 / of $300,000 receipts in its budget, and set it sum rd74.000 is.an. 195 _2% Power 2.34 i___.i-__l.30 :■' 1943-1952 493 Sampson County, N. C.^_ 2-3'A / 1943-1965 311 San Miguel County, N. Mex._ 2Va i 1944-1960 Nebraska 310 Cook 101.83 T Park, this on from the estimate of 300,000 1943-1952 1 i/„ Louis St. ' not be collected, may '* 1944-1952 "_2»A ■ St. 354 possibility that taxes has deducted the 100.30 Twp., Russell, \S. on Board, recognizing 1.74 33,000 1942-1966 /■/. served < 3.30 99 r5,000,000 Hill, S. Ross the assessment 3.00 100.30 r50,000 -■ action ' Rbchester, Minn Rock 150 Savoy ... > r _____^_^__>.__L:__5 Ga. 147 ; N. Reidsville, 2.10 ' the The Finance 1977 / * 312 1," 100 in city officials. .1 20 years _'_1.90 ! Dak.:___l__: City. S. ' ■ 100 / ___i__.___2 (6 /_3 2.09 10,000 1949-1956 County Metropoli- Texas_l__ 100 3,742,000 Ravenna, Neb. 195 ' 111. 491 13A Md 2.28 1947 ___4 Continued jrom page 644 papers 100.20 1942-1971 ! > Authority, N. Y.3% . Dist., 357 Rapid Claredon, Texas _/___ Cobden, Jervis, N. Y._ Ind. S. D., Quogue, N. Y.__ 252 1943-1971 1942-1961 1942-1 City Department i . 14,750 3 Pyote 492 ... - 93 L_ Potosi, Wise. 357 rlO.OOO I.__2-3% R. . Port of New York tan Protection Dist., Colo. 200 193,000 Auth., Philadelphia Hous. Auth., Pa.__2-3% Pine County Indep. S. D. No/ 2 :--' 100.64 ... * 20,000 1942-1961 ___ Hous. 250 Prince George's ~90~75 Kan..'. Chanute, 1942-1956 ' 260,000 _ Perrysburg, Ohio 96 rd4,250,000 ; 20 years Pawtucket 492 102 3 3% 356 Port Too" 2 5 7,500 rdl.919,000 r542,000 Ohio 16,620 354 199 Chardon, Ohio 1353 Cherry Hills Fire 3.00 1943-1952 Minn. dl80,000 D., Texas____"___3(/2 Central 1.48 100 Pascagoula, Miss. _-_.i________2%-216 95 , .... . .196 100.12 75,000 ____ Pasadena, Texas ,dl85,000 Ga Indep. S. r29,450 __ State and ' Ozona, Texas 294,000 : ; Campbell, Neb. ..^..^..314 Cedar Rapids, Iowa_____—_—.___1 Va •490 1945-1949 l>/2 96 100.10 355 25 years . .'196 Cambridge Hse. Auth., Mass.. 1.90-3'A ■491 1.89 ' 255 ; 1 .' ; (2 issues) .__._3 405 Buechel Water Dist., Ky.....__. : 100.38 1944-1947 103.90 > 3 Pa Twp., Brownwood, Texas 15,000 2 Twp. Unit S. D., Mich 253 Ossining, N. 100,000 " 408 2.44 Oscoda Basis r93,000 ' # _3-3% :_ 100 1942-1951 1945-1972 1942-1951 23A 2% >, Birmingham, Ala Browns Valley, Minn... *312 iAI 100.07 1942-1960 La. Painesville, 3Va i'p 1945-1962 (2 issues)...^ 249 100.13 35,000 Opelousas, 493 , Fla. 249 94 : 48,500 ( issues)——3-3 Vie Beadle County S. Dak.___________ 254 50,000 • Twp., 111... Minn...4 bol.OOU 251 100.10 -—__ 251 Bay County, $65,000 D. __ 254 * 1943-1952 2% Adams Twp. Civil Twp., Indiana_.2(/2 Alameda County, Calif.; l%-2 Albany County, N. Y .____—_1.90 Albany County, N. Y._ -1.90 Allen Twp. Rural S. D., Ohio 2% No. Amount 1943-1952 1954-1958 Onondaga County, N. Y._______:__l (6 Ontario, Calif. _"___.___.:______2%-2(6 146 Basis Price 1943-1972 3%-3% H. Amount Sub- Ward La Rural County Maturity . 2-2% Parish, La 250 TRate ■ Price -Maturity Rate 148 145 brought out in January: Page No. Name 64$ would Results in¬ * 405 Hood County, Texas *'406 Hopkins, MinnWie 354 Hull, Mass. ; 252 Humphrey, Neb. 146 Johnson Sch. Kennett 150 Kenosha Dist., Mo Wise County, 94 36. 47,645 , 95 146 Lexington, Mass. 356 Lorain, '-146 356 1% Ohio Ohio Lowndes County R'd. Dist., 356 Lorain, 491 4 issues) Ludlow Rural Mansfield, Texas ; _ Fla 310 Marion County, Calif. 195 Martinez, 252 McCook, Neb. Meade County, 357 S. Dak 252 Meagher County, Mont 196 Mendon Twp., Iowa 195 Miami, Fla. 146 Milford, Conn. Milford, 111. Milks Grove, 111. 491 Mille Lacs Co. 195 310 200 147 96 196 355 355 i (2 issues)—3(6-4 Mineola Indep. S. D., Texas. Minnesota, of)— (State Mission, Texas . 100.60 26,622 100.08 18,531 100.80 r53,000 r 102.70 96 Too"" 6,000 21/a . 100 40,000 4 Onida, 101.29 2.35 12,000 100 1.75 3,655 ;: 50,000 100.18 97.00 2.69 6,000 40,000 r7,000 14,000 50,000 100.41 5.42 100 100.57 100.20 3.00 r8,500 20,000 22,000 100 109.06 110.51 100 r44,000 5(4 1942-1956 v 1943-1956 ; 1942-1955 1943-1952 , These r22,000 1943-1959 1946-1958 . 1(4 1.67 ' 2.02 3.00 2.14 100.41 100 4.00 1.45 3.00 100 r43,000 50,000 35,000 r74,000 1949-1952 1948-1955 15 years 3 S. D., Fla._—3(4 — 3.50 (unless otherwise noted) are for December. December issues will make the total sales (not additional temporary 100 3.00 including 7,500 100 3:00 and 'RFC $61,257,542. d2,700,000 10,000 rlO.OOO 100.07 4.00 or 2.50 100 > SOLD DEBENTURES BY Brantford, Canada 2.50 200 of) Cap de la Madeleine, Que._ 200 100 CANADIAN 2(4 Ont. (Dominion 200 312 40,000 Grand Mere, 20,000 Too""" Too 200 Halifax, N. S._. 101.09 1.39 200 2.23 408 100.95 1.62 that month 200 Pembroke, 200 2.23 10,000 100 4.00 200 100,000 100 2.50 200 200 200 I 22,500 100.02 3.99 20.000 100 3.00 5,881 100 3.00 3 years IN $209,660 survey trimmed to $207,- "The greatest credit for saving the taxpayers of Indiana more than $8,500,000 should go to the executive diana "The councils 11,000 Muncie Bond ing and lis, a 215,000 awarded to the was IV2S, at as a price of 100.136, basis of about 1.49%. Dated Feb. July on 1, 1955 and $30,000 Prin. and int. (J-J) 1, 1956. 98.80 —3 Ont. 3 Ont. — ___—.—_3(4 Richmond Hill, Ont 3(4 Uxbridge, Ont. —4 Vaughan Twp., Ont— —3(4 1942-1945 112,000 Peterborough, 1942-1951 95,000 101.38 at the Merchants Na¬ Second high 1942-1956 50,000 102.69 2.87 the 102.158 for Fletcher l%s was Trust made Co., In¬ 2.74 Peterborough, of by 98 80,000 4 Securities Corp., Indianapo¬ bid 99.71 250,000 City, Ind. $65,000 build¬ improvement bonds of¬ Feb. City School Sale—The payable 1942-1951 first line our tional Bank, Muncie. 100.60 1943-1952 were of defense." Jan. 40,000 10 years councils," said Miesse, secretary of the In¬ Taxpayers Association. county 000 $174,000 1941-1960 314 were a 16, 1942. Denom. $1,000. Due $35,- , JANUARY .—4 1(4 Megantic, Que. ____— 200 Owen Sound, Ont.— 100 50,000,000 for \ MUNICIPALITIES 4(4 Lethridge, Alberta 100 250,000 loans) *45,000,000 4 Que rl4,000 1,920,000 PWA ' 1.58 100 (C* rd82,000 of were after 180. 1943-1946 20 years ._5 3 _________: 1.38 1.86 1.19 • : S. Swissvale, Pa. ./ All of the above sales 100.09 -—_ 200,000 . association fered 100.00 2.43 1945-1962 (July) (Oct.) 105.25 100.33 100.73 100 1944-1956 23A 111. 2.34 100 T'* 1942-1971 5, Wise. (Nov.) Moroni City, Utah—^ Trenton, Tenn. 195 West Palm Beach 1943-1972 rdl7,350,000 , No. D. — 493 r34,000 ---- 1943-1951 1946-1956 1 to 10 yrs. 20 years , rl12,500 1952 1942-1961 1943-1957 1943-1972 - 100 100.48 1943-1959 S. _— ' ; 1(4 23A 2(4-23A Minong, 1,500 13A New York; N. Y, (5 issues)—2 (4-2 (6 New Yorl* City. Housing Auth jj. Y. 2.10-3(6 Nolan County Cons. Common Sch. Dist. No. 5, Texas 4 Notleyville Gravity Drain. Dist. No. 21, La. (2 issues! ——4 Oakes Spec. S. D., N. Dak 3 Okanogan Co. S. D. No. 113, Wash.3 100 d25,000 3, Dak. (Oct.) 3 357 Osborne Sch. Dist., Pa 13A 200 Pecos County, Texas 2(4-2 407 Pennington Co. Ind. §. D. No. 1, S. Dak. (Nov.) 3 250 Rantoul Sch. Dist., 111.— 3 96 Salt Lake City, Utah 6 94 Sea Bright, N. J ; 4 407 643,000 Conn 146 Clark Cons. McLeansboro, 493 dl80,000 ————. No. Chicago, Macclenny, Fla. 96 284,000 r D. East Alton Sch. Dist. No. 101, Ill._2(4 146 9,000 —- S. Pa._—2(4 ' 97.40 1942-1957 1948-1949 1942-1951 20,000 40,000 9,000 50,000 100.35 1942-1961 353 1943-1957 10 years • 1 to 5 yrs. Ed. D. No. 1, Nev._2(4 County Oregon 104,500 1943-1946 1950-1961 1949-1958 101.09 ___2 :'v D., Clinton 149 Lewis & 100 195,500 — 101 10,000 —1(4 Clackamas East 1.86 10,000 3,500 1945-1954 (Nov.) S. issued by of every taxing unit in Indiana and a careful scrutiny of the figures. More than $50,000 was cut from the levies in each of forty-four counties. The largest reductions were $1,170,821 in Marion county; $667,896 in Lake; $601,857 in Vigo, and $468,153 in Allen. The small¬ est saving, $2,480, was made in Union where the original levies the Ind—______ 2(4 312 Lane County Cons. S. D. No. 71, Ore., (Aug.) 13A 93 rdl 16,000 Montgomery — 93 1959 1943-1962 1952-1956 1943-1951 _3 1.60 4 Normal, 111. 408 15,000 1943-1952 1943-1949 / 23A 2% 25A 2'A 2% 4 3% —0.75 -3% 195 311 100.20 S. D. No. 60, Minn.3 - 255 6,000 220,000 r33,000 New London, 250 3,000 100.29 100.2 20,000 4 145 354 100.26 1942-1961 1945-1952 1945-1952 1943-1947 Miss. -4 148 493 r29,000 1945-1956 1(6 County, Texas 2(6 Montrose Indep. Consolidated Sch. Dist. No. 1, S. Dak _2(6 Mountain Iron, Minn. 4% Mount Vernon, 111 4 Muncie, Ind. 1/2 Newark Hous. Auth., N, J.__2.10-3% 493 125,000 :— 3(6 S. D., Ohio 199 255 - 45,000 1 Dr. — made. were These statistics 1944-1953 Pa. dicate, he said, that where local boards received the co-operation of thetaxpayers the largest < re¬ ductions 3 County, Ohio 312 Columbia, Pa. (July) 96 Dallas County, Texas 1942-1951 1949 1943-1945 Gravity Passe Minn. Twp., Clark County 1946-1960 356 95 407 Bigfork, which sales following 2(4 Oregon *50,000 254 —13A Lane County S. D. No. 75, Ore 2 Lane County Union H. S. D. No. 14, Ore. 2 Lawrence Hous. Auth., Mass. 1.90-3% Lawton, Okla. Lawton, Okla. (2 issues) of the Pa Cabery, 111. 96 Center Township r40,000 Lakefield, Minn. Petite 49 Braddock 1943-1952 Sewerage and Drain¬ age Impt. Dist. No. 3, Wash 5 252 Lackawanna, N. Y; 1.60 250 Lake County, Ind V/2 Twp., 93 494 King County 311 1.62 months: Dist. No. 15, La. 675,000 1944-1951 2'/a 2(6 2'A 111. 93 Kankakee, 355 Baldwin 250 Bayou 1942-1961 1942-1950 1943-1961 1943-1959 " " 33A Ky 149 1943-1955 1947-1966 3 Texas County, County, occurred in previous rl8,500 Jefferson County S. D. No. 1, Ga._4 Metropoli¬ (Nov.)_ _____13A Dist., Md. We have also learned 1943-1947 1943-1947 Huntington County, Ind IV2 407 Ironton, Ohio 2(6 146 Jacksonville Hous. Auth., Fla.2.10-3% Jefferson tan i 353 Prince George's County — 490 96 94 1944-1954 1943-1967 3% ZL—ii—4 -A. 2V4-2V2 1 V Homestead, Fla. 493 ' Ont. Total long-term uary — — Canadian debentures ______ ^Temporary loan; dianapolis. *60,000 Other bids: 10,000 100.23 7,908 102.90 3.00 15 years 6,000 101.80 3.25 Int. Rate Rate Bid 3.45 1942-1946 Bidder- 1942-1951 sold in Jan—__ not included in total for month. $1,050,908 Halsey, Stuart & Co., lnc 134 Raffensperger, Hughes & Co... 1% Harris Trust & Savings Bank.. 13A 101.85 John ' 2 101.71 2 100.20 2 Par Nuveen Merchants & Co National Muncie Muncie Banking Co Bank 101.81 101.78 of 646 THE COMMERCIAL & FINANCIAL CHRONICLE IOWA Dubuque, Bond will received until 11, by Otto 10 F. Puis, City 1944, $500, 1945, $1,000, 1946, $500, 1947, $1,000, 1948, $500, 1949 and $1,000, 1950 to 1952. 400 . Due Denom. $100. $100 from April 1, 1947 1950. to Dated Jan. 26, 1942. Interest pay¬ able A-O. KANSAS Kansas Municipal Prepared Statistics Small-Milburn The financial are items, it would seem very unwise to make a be is of of Kansas condition counties and their principal cities. Geographically arranged by coun¬ ties, the study shows assessed val¬ uation, bonded debt, population, tax rate and percentage of tax collections for each county and its principal city. ' , Development The Gilbertsville Dam and Wolf State the to portance of great be Dam will immediate an only not economic standpoint but, also, for the elec¬ which in four' to five years will be available in large quantities and at low rates. Un¬ doubtedly this increase in avail¬ able power with the expected low tric power The retail trade figures Louisville the for have been in area gratifying, 1941 indicating of the five most active one ex¬ areas wealth In The — of'information .carried issue of Jan. 27 our Herewith debtedness, Kentucky in the last forty has not kept pace from a relative the future develop¬ ment of the State when the is gency The over. emer¬ State budget and all construction years State on highways has been done on a "pay as you go" basis. " The re¬ of Kentucky is prac¬ of the general fund of the State Colleges, and -Teachers Fund. Pension governmental and State has ex¬ ceptionally good river transporta¬ tion, rich mineral resources, chegp fuel, advantages of native labor, moderate has climate, been cheap con¬ living costs. It obvious for time some that the largely agrarian economy should be supplemented by a con¬ servative and industrial proper Kentucky, by vir¬ geographical location of and natural its if of real importance from the standpoint of the Defense industry and the mili¬ tary establishments of the country resources, indicated —as fense three rate the many de¬ which have been by projects located in the State Because years. differentials not been used to of last freight of in within situation last the Kentucky is La. present nection uled not with for to the Feb, of 19 exceed 354—it 4% the $300,000 semi-ann. air¬ Administration The begins p. stated, that the March now 1, fol¬ on as $13,000 in 1944 and 1945; $14,000, 1946 to 1949; $15,000, 1950 to 1952; $16,000, 1953 to 1955; $17,000, 1956 to 1958; $18,000, 1959 and 1960, and $19,000 in 1961 and 1962. In the event the Police Jury determines to sell part, rather than all the $300,000 bonds, aver¬ maturities age to the will purchaser. delivered be Split - interest rates may be bid. Louisiana of) (State Governor Reports on Industrial Development—Governor Jones lows Sam recently reported what remedies and fol¬ as campaign to attract industry to his State: One of the paramount objectives of this ad¬ ministration has been the acquisi¬ tion for of Louisiana On and the a industries, of the records half—showing $200,000,000 worth of past than more new year proof that —are our end have ward this efforts not gone to¬ un¬ need in Louisiana for are agent in what has be found a balancing long been a tural the present tax structure, Undoubtedly which is products, timber, minerals, furs and other basic substances, but we have woefully lacked the too to facilities to convert them into for this condition. easily subject economic swings, has something to do with ticles the above condition. we tax laws were three ably designed for namely, to pay to increase the purposes; State debt, the common up The present school funds and to build funds for rehabilitation of the State institutions. When these' for retail sale. ar¬ forego one of the most profitable phases of to make the State attractive both side industries. the next produce State worse finances unpleasantness. in out¬ If this is not done, severe depression may repercussions than the tories least dant and a have enough fac¬ plants to process at fair amount of these abun¬ raw in 1932-33 This is both logical and simple. Local manufacturing industries provide the only way to efficient utilization of natural and human resources, and they bring other far-reaching benefits. Industries A recent analy¬ mean jobs, and jobs bring money. hand, happened if, borders our the of for their greatest source of both present and future.; revenue, So must we continue this in¬ dustrial campaign which so far brought such notable finan¬ factories, can goods mills marketable, into convert * be ac¬ p. con¬ products. Let us guard these treas¬ well, and make the most of for ourselves and the Lou- isianans of tomorrow.; 354—were awarded to the City Water and Light Commission, as according to the City l!4s, at par, Clerk. Dated . , legislation ing, bids administrative rul¬ or subject taxes." Federal to ' 'z.; **■ ■ :"''Y:.;// ^ Note Sale—/The issue of offered notes Feb. 15,'1942. 1944 to 1947. $5,000,6 Feb. Chemical Trust Bank & Due Kansas Bond Co., both of New York, jointly, at 0.74% interest, plus a premium of was - 7:30 reported Feb. 3—v. 155, p. Nov. 2, Other bids: Feb. 15 in states Chase and place that on Confirmed—As in Dated Feb. 11, 1942 and due Morris, Director National Bank of New York on City, Mo. Election $53. 1942. until MISSOURI was Corp., the received 16, by Joseph Justad, Village Clerk, for the purchase of $1,650 not to exceed 6% semi-ann. ■ \ awarded to the First Boston and be certificates of indebtedness. Dated Boston, Mass. 000 will p.m. on Feb. income -MASSACHUSETTS the issue our election March of 543—H. R. Mcof Finance, now will take 10, to submit to Salomon Bros. & Hutzler, jointly, the voters bonds aggregating .0.75%, plus $49; Halsey, Stuart & $1,500,000 and divided as follows: Co., Inc., New York, 0.90%, plus $500,000 liability and $1,000,000 $87. airport general obligation bonds. Marshall Sch. Dist. Maiden, Mass. ... Note own have, literally, in our own yard all the things necessary complete economic independ¬ them Works" will relieved and our back to Sale—The $30,000 semi* ann, sewage disposal plant bonds the offered for sale on Feb. 2—v. 155, withdraw his bid may Detroit Lakes, Minn ,v Bond contract We must obtain still the of plants that ence. '•'# July 1, 1941. Due of his purchase from Jan. 1, 1952 to 1967; op¬ if, after date of sale, Feb. tional on and after Jan. 1, 1947. 10, and prior to delivery of bonds, Feb. 25, these bonds, or the in¬ 4 : St. Louis Park, Minn terest thereon should become, by Certificate Offering — Sealed or Louisi¬ undevel¬ economic robbery worked upon State and its people—a rob¬ bery V for clause to the effect that the a purchaser has as in remain resources Offering Howard J. (P. O. Mar¬ Mo. i Approved—We shall ), " Bond ; Legality Hughes, City Treasurer, will re¬ understand that an issue of $15,ceive bids until noon (D.S.T.) on 500 1%% refunding bonds has Feb. 10 for the purchase of $1,been approved as to legality by 000,000 notes issued in anticipa¬ Charles & Trauernicht, of St. tion of revenue for the year 1942. Louis. Dated Feb. 1, 1942. Dated Feb. 11, 1942, Payable, $750,000 on Nov. 4 and $250,000 on MONTANA Dec. 11, 1942, at the National Shawm ut Bank of-Boston. Notes Cascade County Sch. Dist. No. I "i" ready for delivery at said (P. O. Great Falls), Mont. Bonds bank on Feb. 11, Authorized—It is re¬ Bond Offering—It is stated They will be by ported that the Board of Trus¬ authenticated as to genuineness V. F. Gibson, District Clerk, that tees has authorized the issuance -and validity by the afore¬ he will receive sealed bids until of $30,000 3% refunding bonds. mentioned bank, under advice of March 16, for the purchase of Storey, Thorndike, Palmer & $467,000 not to exceed 2% re¬ Patterson, La. Dodge of Boston. Bids stating funding bonds. Prin. and int. pay-, Bonds Approved—We under¬ the rate of interest that bidders able at the office of the County stand that the town recently ap¬ will offer for the whole, but not Treasurer1 or as may be deter¬ proved an issue of $30,000 water for any part of the loan, must be mined by the purchaser at time system and filtration plant bonds. sealed-and must include interest of sale. Dated June 1, 1942. Either to date of delivery. Interest on amortization or serial bonds will St. Charles Parish Gravity Drain. New Iberia, La. will be , Dist. No. Bond 1 (P. O. Hahnville), La. Legality understand that Approved—We an issue of $89,500 5% refunding bonds has been ap¬ proved as to legality by Charles & the notes will be payable at ma¬ turity and figured on exact num¬ ber of days on a 360-day method and offer to discount the loan no will be considered. Dec. 1, 1941. Note Vermilion Parish, Coulee Baton Gravity Drain. Dist. No. 1 (P. O. Abbeville), La. Bond Election Confirmed—R. J. La Bauve, Secretary-Treasurer of the Police election 27, to issue Jury, has submit of states been to that called for the $30,000 drainage This an Feb. voters bonds. struction Millis, Mass. ; . an con¬ 155, Bank awarded $50,000 Other revenue Due bids: Boston 5 notes at Dec. 30, to the was Prince Trust Co., of 101.10. sold ^ New Shawmut Bedford, Mass. Georges month Bank & was $600,000 awarded Boston, jointly, at 0.43 % r interest-to-follow. Dated Feb. 5, 1942, and due Nov. 9, 1942. This was the only bid submitted. the call for Note bids for • $500 • 000 Sale—The revenue ; > (P. O. Great Falls), Mont. ! Proposed Bond Issue—It is re¬ ported that plans are under way Bond .Issuance by L. Deferred—It re¬ is H. Richardson, Chairman State Armory Board, that $30,000 armory board bonds, the unsold balance of the $450,000 offered last May, will not be issued, since it is the plan of the Board to until ; cease after gency. - building armories the national ' . ~ . emer¬ - «■' » Newbury port, Certificate Offering Details—In Legality to County Attor¬ Great Falls School District stated , the tional Bank of $13,500 Hyattsville, at a* price 10 1942. are J-D. ney. A certified check is required with bid. : - •t Maryland (State of) until Feb. 0.30% National Shawmut Bank of Boston and the Merchants Na¬ last payable Boston, 0.32%; Merchants for the issuance of $467,000 Bank of Boston, 0.34%; funding bonds. First National Bank of Boston, Montana (State of) 0.38%. Note Sale—The issue of Bonds Sold—An issue of If serial bonds issued they will be in the denom¬ ination of $1,000 each. Coupon National to MARYLAND bonds of Bank of notes offered Feb. 5 road issue an National Na¬ was confirms Hyattsville, Md. School Board. be approved by the Second of Feb. on discount, 490. p. Sale—The tional the report in our issue of Jan. 31 —v. ;• beissued, with- amortization bonds being the first choice of the bonds, Trauernicht, of St. Louis. Dated connection with production—manufacture. we tain > . MINNESOTA are municipal .bonds, Public Optional. due 1944 to from cept and consider bids which Therefore materials, shall we have goals have been reached, the reached a point approaching max¬ whole tax structure should be imum benefit from our goods and studied so as to produce a system our labor. for its citizens and to bring other oped, or are exploited by outside companies, or transported outside have been forced to Only when Board'of and 1942, 15, Jan.. 15 from on 1959 incl. . the ana, private industrial investment in the State and income of¬ bonds 155, p. 354—were the bids were rejected. that agitation of $100,000 % interest water revenue Jan. serially Y-■;;<v current taxation capital for other indus¬ frequently and more greater manufacturing the causes can to Dated are resources. H. his on State dependent on capital availability rather than on natural probably many and of a varied topheavily "raw materials econ¬ nature, but they should be ap¬ omy." We have always turned proached with an open mind to out bumper quantities of agricul¬ see to access ures 155, lows: has few is con¬ offering sched¬ the Legislature. recreational, cultural and health institutions and facilities. And once industry We Bond Offering Details—In highest of the rewarded. eleven States in the South, indi¬ Our reason for carrying on an cating the latent possibilities to be energetic industrial "campaign" exploited. This problem faces the has been principally the obvious next tional, more Iberia Parish (P. O. New Iberia), and The assessed valuation of years. the maintenance of proper educa¬ of view Sold—The sewage not sold, as noon advertisement states Federal , LOUISIANA fac¬ advantage in the private industry development State the other and tors, this favorable the in tax, which allow the State, and, likewise, the commun¬ ity, to obtain sufficient funds for cial returns. development. tue income an has . bonds mature struction and low origin—creates a basis for taxa¬ Capital investment in in¬ dustry is subject to an ad valorem tav, a corporate franchise tax, and and Daylight Saving ; Not fered Feb. 4—v. exempt from Federal Income Tax. In their an other States in the South, and this fact has caused a good deal of The of processing and manufacturing, there is in effect Over 50% "The o'clock 12 the bonds and interest thereon tion. has been balanced for the last six port acquisition bonds—v. leaders. state tries that for standpoint in industrial development with most of the civic the at time (or Time) Feb. 10. raw plan develop¬ years among in process to ment of the State: concern materials to develop, financial institutions give we with the industrial factories opened "new" V. country; but these same figures make it doubly important we reprint that portion of the bulletin deal¬ ing is, be industry— the report on the State's in¬ a that local other Southern States. regarding the State and its local units. V'. Furthermore, Bonds not to exceed 2 fective before that date, bids will dis¬ a Rochester, Mich.' hour in time will become ef¬ one single a sold in W crop in Co., Inc. of Louis¬ is used for the school per capita ville, has prepared a Municipal fund and for the expenses of the Bond Review as of Jan. 1, which State University and other State a uncertain returns from tant market. im¬ Bankers Bond contains of nonperishable Creek o'clock noon, Feb. 10, 1942. Standard Time was contemplated, but since, by Act of Congress, a change of products, their dependence tically nothing compared to most Kentucky (State of) Industrial relieved MICHIGAN tised to take place at 12:00 numerous on debtedness H for change in the tax system until the sult of this has been that the in¬ KENTUCKY properly his national emergency is over. pansion. (State of) Company, of Wichita, Kan., distributing a card circular the market view of the active participation of this country in the war and the resulting uncer¬ rates will stimulate industrial Financial — tainties of the income of the State the general business channel, af¬ fecting beneficially scores of his fellows. Farmers, with a local with net incomes of $5,000 or over from bonds. sewer in Kentucky. In "1. Opening of bids was adver¬ a fair feed, clothe family. His pur¬ chases of food, clothing and household furnishings flow into to on follows: $500 in 1943, $1,000 as in jobholder, working for and expense bids a.m. $8,400: $8,000 street improvement bonds. Denom. $500. Due on April 1 r wage, can and house personal income tax re¬ of Reve¬ shows only 5,264 taxpayers nues Treasurer, for the purchase of the following 5% bonds aggregating . The turns by the Department Iowa Sealed Offering be Feb. sis of 1937 Tuesday, February 10, 1942 issue of notes NEBRASKA Mass. offered $200,Feb. 6 Lincoln, Neb. Report on Current Debt Status —The Lincoln "Journal-Star" Bank for the awarded to the New England Trust Co. of Boston, at 0.293% sively from departmental earn¬ ings, and $2,184,000 of other gen¬ was re¬ purchase of cently reported as follows: $522,000 1950-1957 serial certifi¬ discount, Due Nov. 25, 1942. Is¬ On Jan. 1, 1942, the city of Lin¬ cates of indebtedness, details of sued in anticipation of revenue coln's general obligation bond which appeared in v. 155, p. 405, for the year 1942. Payable at the debt was $3,580,000, including $ljHooper S. Miles, State Treasurer, Merchants National Bank of Bos¬ 396,000 of water exension bonds sent the following notice to pros¬ ton, or at the Central Hanover which are being retired exclu¬ pective bidders: "Since the marketing drafted, original proposal for the two above bonds pertinent was questions & Trust Co.,- New York Legality approved by Storey, Thorndike, Palmer & Dodge of Boston. Other bids: City. eral debt. The special assessment debt at Bank, the start of 1942 was $167,975. of Public Works wishes to answer Newburyport, 0.36%; Tyler & Co., Water extension bonds have been for the benefit of prospective bid¬ 0.38%; Merchants National Bank issued in the total sum of $1,915,- have been raised which the Board ders. First of & Ocean National Newburyport, 0.46%, 000 and during the first 10 years > Volume Number 4044 V 155 v THE COMMERCIAL & FINANCIAL CHRONICLE « - paid off $1,103,000.. and there has been return the calling, as of Jan. 1, $584,000. coming in and by with the bid. These bonds Feb. are 1, the outsanding extension be reduced to $812,000. debt amount, $312,000 becomes optional Jan. 1,1944, while the re¬ maining $500,000 refunded March on This of There '" " - / issued ' during were < uted duced the $300,000 of airport bonds and $1,100,000. of auditorium ^"street opening bonds, latter by virtue of charter amendment approved May 6, 1941, bonds dated July 1, 1941,' drawing 1.25 %, best offer ' ever receivedon general' municipal bonds. The aviation bonds, issued 1.6%. The aviation fund, through purchase of addi¬ tional land, was reduced to $252,425 as of Jan. 1 while purchase of 552.47. 1 balance of $2,757,* a city funds remained in banks and treasury, not including $385,503.53 of school funds ' and $511,631.06 in securities represent¬ ing investments for water and commercial; light sinking-.: funds, 379.80 of and "The opportunities the by rates suggested low interest prevailing in bond the should market be not neglected. The proposals pending before Congress to tax State and municipal bond is¬ sues may make future issues of now Buffalo v municipal bonds un¬ attractive to investors at the pre¬ vailing interest rates. sible that at It is future some pos¬ date year-to-year refunding might also funds. if we Treasurer, that Secretary of the Government Commission public Local E. consist of W. Easterling will receive We must start be to are reservoir works now that sure is our to * projects, well thought out sealed bids at his office in Ra-^ projects that will be of perma¬ leigh, until Feb. 17, for the pur¬ chase of $170,000 Central Electric nent value to our city." The announcement noted that and Telephone Company pur¬ sound capital budget, approved by chase bonds. Dated March 1, 1842. of Estimate and the Due $6,000 in 1945 to 1956, and 1942 Board the City Council, tions for ; authoriza¬ $14,000 in 1957 to 1963.- These carries variety wide a projects totaling ,/ 80,834,520. tention also called was it 270 "for" to 14 "against." that specified certain sums to be made North Asheboro — available now for planning pur-1 Sanitary Dist. (P. poses., :;.v ' Falls), N. Realty Valuation Shows De¬ Bonds Sold—It is assessed' total crease^—Tentative are of the bonds that carried at the elec¬ At¬ tion held on Jan. 27, by a vote of Falls Central O. Central C. reported that surplus available revenue difficult, either because of prove unfavorable market an or restric¬ valuation and real taxable on special - properties for Fifteenth Street opening reduced the auditorium-1 street opening4 total to $935^ On Jan; both , - ■: of 647 $19,000 water and sewer bonds estate have been sold to J. D. Ross, of franchises in New Asheboro, as 4s at par. A $25,000 for 1942.-: While the surplus rev* tions placed on financing by the York City for the fiscal year issue of not exceeding 6% water Federal Government in order to 1942*1943 amounts to $16,177,322,enue last year was $1,325,000, the and sewer bonds was offered for amount available for this year is reserve the field of money rais¬ 971, compared with $16,223,137,226 sale on Dec. 16, 1941, without suc¬ in the fiscal period ending June ing entirely to war efforts, only $400,000, Farley declared.; cess, as was noted in this column "The tremendous 'Increase ih 30, 1942, Joseph Lilly, President Farley also pointed out that the at the time., Freeholders had to issue $285,000 Federal taxes which must be paid of the Tax Commission, an¬ worth of emergency bonds dUfing this year, .and each' year v there¬ nounced Feb. 1. ' This represents Raleigh, N. C. ;'v' ■ the year for expenses that could after, at least so long as the war a decline of Bond Election — The Wake $45,814,255. not have been anticipated when continues, together with probable The actual reduction will be' County Board of Elections has set the i94L Budget was prepared.v&e compyisory investment in Federal considerably more than the in-; March 9 as the date on which the cited,-too;,a decrease of $96,000-^ .fSHftirities to finance the war ef¬ dicated net decrease, according to voters will pass upon the pro¬ miscellaneous revenues antici¬ fort,; will sharply decrease the Mr. Lilly, as the figure represents posed issuance of the $500,000 pated for 1942. •W : 5 ^ capacity of the people of this city equalization including exemptions, municipal improvement bonds. In demolitions and new construction. Ten separate items, ranging from ;, A public- hearing on the budget to meet real property taxes. is. scheduled for Feb. 9 at: the this connection, same heed must Value of ordinary real estate, $1,500 for street lights to $162,Court House. * The county tax rate be given to the extensive dislo¬ apart' from utilities, is placed at 000 for fire department improve¬ is estimated at $1.13 for each $100 cations in employment due to the $14,172,917,859. Utilities are put ments, will be up for approval valuation as compared with $1.02 change-over of industry to a war¬ at $1,368,122,145 and special fran¬ and each must receive a favor¬ time economy, which will produce chises at in 1941. ."..o.*..'-'.v ;»7-; ' $636,282,967.The last able majority to carry. obvious hardship to affected figure is subject to change by the i mew yam; NORTH DAKOTA J individuals owning their own State Tax Commission within a raised by taxation to the re¬ to be - year March 1, draw -County Treasurer Farley attrib¬ the increase ; in the amount / the past year $45,000 on the gen¬ debt and $345,000 on water eral extension. $1,600,713.84 over last year's total, which will bring an 11-point rise in the tax rate. off city paid call,'the by taxation be raised to is increased previously had drawn 3% 5%. Not including the water extension appropria¬ $17,198,629.09, an increase $294,713.84 over last year. Tne amount bonds and 1942 county Jan. 22 approved a tions of $500,000 block was" re¬ at 1 lk % whereas the funded May budget providing total off at the rate of suburbs and able. Advance .11 Points—The Board of Freeholders Rate Tax Of this 1, 1941, is being paid $50,000 per (P. O. Jersey ; City), n. will to industry is to be ar¬ rested, some long-range plan cal¬ culated to stabilize city taxes at a reasonable level is indispens¬ • Hudson County the trend amount of -the further reduced by homes purchaser to the deposited the entitle was This debt ■■ , Buffalo, N.Y. ' the-auditorium-street.open¬ * Refunding Still Under Consideration—Frank M. Davis.. -Blanket homes.:, ; "The refunding month. approxi¬ of mately $22,000,000 of bonds ma¬ turing during the next five years Ashley, N. Dak. There sessed a was decline in the as¬ valuation of Bond Issue ' Details—The City ordinary real Auditor states in connection with estate in Manhattan and Brooklyn the states inthe means that $40,000 not exceeding 4% during this period the and an increase in the Bronx, Feb;: 1 issue of city's "News water works plant and sewage city must pay off approximately Queens NEW JERSEY V and Richmond. Utility Letter," that the proposed blanket system construction bonds that $33,000,000. Certainly, the tax- valuation showed a rise in Man¬ carried at a recent election, the refunding which would eliminate Chester Township, N. J. pays ought not to be asked to do hattan and declined in other bonds will be dated Jan. 2, 1942, any necessity for future refinance Tenders Wanted — Township more. The refunding, of course, boroughs. 5, : * and mature $2,000 in 1943 to 1962. Clerk William E. MacKinney an¬ ing is- still. before the Common should be negotiated through Queens led the city in new Prin. Council and.', the State:: Comp¬ and int. payable at the nounces that pursuant to the pro¬ parties and in a manner which building in the past year with troller. It cannot "be too often ing fund: ■ - *' Comptroller, City - 7 of Ar¬ visions of Section 6 and of V ticle emphasized, he says, that the plan does not indicate that Buffalo, is the general refunding plan of the township, as adopted on Dec. 29, 1936, and of resolution financial difficulties. The sole of the plan is to avert abnormally high tax rates dur¬ in purpose adopted by the township commit¬ 1942, the Burling¬ tee on Jan.- 27, ing the next five years for in that County Trust Co., fiscal agent, period more than 50% of all Buf¬ St., Moorestown, will falo's indebtedness matures. If receive sealed tenders until Feb. the plan does not materialize, 24, at 2 p.m., of general refund¬ Buffalo's citizens will cheerfully ing bonds, dated Dec. 1, 1936, due pay the larger tax bills, Mr. Dec. 1, 1975, at not exceeding par Davis adds. ; and accrued interest thereon. v Civic Body Urges $21,655,000 ton 91 East Main • . Hasbrouck Heights,. Offering Bond Borough Breeze, ceive sealed N. J. . Clerk, will re¬ until 8:15 p.m. bids Debt taxation Refunding-^The ; of P. committee Joseph — Commerce Chamber., of the 28 Jan.. on recom¬ mended the refunding by the city of $21,655,000 of its bonded debt War Time) on Feb.'118 for the purchase of $90,500 not to "by whatever plan will result in the lowest possible cost to the exceed 6% interest coupon or reg¬ 1 istered bonds, divided as follows: city." ■J The committee's report on the $62,000 sewer bonds. Due March 1 as follows: $3,000 from 1943 refunding problem was embodied in a letter to Mayor Kelly and to 1960 incl. and $4,000 in (Eastern , • 1961 to 1962. 28,500 Due / •: -- - assessment sewer March 1 as follows: $3,- 000 from 1944 to 1952 incl. $1,500 in j\ - bonds. the not refunding plan were discussed. After tee a — the for fications thousands projects piling up in the public works reservoir in to insure an immediate of vocated Jan. 31 on of directors of the The board and carefully considered "various bond for $500, proposals to deal with the ap¬ each. In bidding for proximately $55,000,000' of bonds the bonds bidders must consider maturing during the next five the bonds as constituting a single years," the letter continued: > V issue.; Bidder to name a single "The conclusions of the com¬ rate of interest, expressed in a mittee, which have5 been apmultiple of 14 or 1/ 10th of 1%. oroved, recommend the refunding Prin. and int. (M-S) payable-at by the city;of $21,655,000 of its the Peoples Trust Co. of Bergen bonded debt, which was consid¬ County, Hasbrouck Heights, or ered and approved in principle at the Marine Midland Trust Co., by the Common Council as the New York City. The price for amount to be refunded, by what¬ start on Municipal Art explained that archi¬ have little work in their offices now because the of virtual of stoppage non- March 1, 1942. One defense activities and "this highly- others $1,000 trained which the bonds mav be sold can¬ not exceed $91,500. The bonds are obligations of the unlimited, tax ever profession and repeal or omission of exemptions or other¬ in terms, by the Bond have now should be condemned. "The committee's conclusions wise, subjects to a Federal income tax the interest on bonds of a were influenced by the following class or character which includes considerations among others. -j. :: i i ' » • t 1 ■ 5 ' . 't. - o j: i . I / ■ 1. " 1943 apparatus $2,500 $3,000 Oct. 1 from 1964 incl., and $2,000 and 1, 6—v. Feb. 155, to p. 1.30s, at a price of Lakewood City School District, of about 1.28%. Ohio Dated Feb. 1, 1942 and due Feb. 1 Bond Offering—Ruth B. Nemec, as follows: $5,000 from 1943 to Clerk-Treasurer of the Board of 1945 incl. and $6,000 in 1946. Education, will receive sealed Rockville Centre, N. Y. bids until noon on March 12, for Buffalo, 100.039, ability as basis a Bond Sale—The or to financing when the permits. "The city has taken the first $12,000 general impt. bonds. Due vided that fractional ratts are V4 of Feb. 1 as follows: $2,000 in .expressed in multiples of 1943 and 1944; $3,000 in 1945 1%. Interest A-O. The bonds are announcement by and 1946, and $2,000 in 1947. payable from taxes within the 8,000 public works bonds. Due 10-mill limitation and must be Feb. 1 as follows: $2,000 in accepted not later than 10 a.m. 1943 and $1,000 from 1944 to on April 1, with payment to be made at the Clerk-Treasurer's 1949 incl. war step," said society an prepared by ' Ely is coming from to build these projects. We are not sure whether it will come from the money All of the bonds of Int. Rate Bidder— Rate Bid % Rockville Of Bank Co. Centre Trust " is *1% ; Stevenson 100.05 Manufacturers D. White & P. Childs & Co. wood Nassau & i Co..,..,...,....,... County Rockville the city, National NORTH Bonds 100.085 2 Bank, - , Par 2 Centre ' awarded H. * Vi $18,000 Prescott to & Co', of Cleveland, as l%s,*at par plus a a Bond AvCarded —The premium of $26, equal to 100.144, CAROLINA Albemarle, (P. O. Ravenna), county bridge bonds offered Feb. '3—v. 155, p. 588—were Sher¬ r.nd payable Ohio 100 1*8 103.033 1.91 .1.93 Co...... C. check for bid. required. Portage County Trust Traders & Co. R. certified amount 100.04 103.14 1.99 Co the : , South Shore Trust Co., Rockville Centre .V;./l3i Bacon, 1% to order of the Board of Education, A office. dated Feb. are Other bids: 1, 1942. the State or the national government. We do know from "The these bonds, will, at the election importance of a stable our' experience of ten years ago of the purchaser, relieve the^pur¬ tax rate. Tf new industry is to be that the project which is ready to chaser from his obligations under attracted for location within the be put on the market, whether it the terms of the contract of sale boundaries of the city, and if the has merit or not, will get the P. . land April April 1 and Oct. 1, 1965. Second 544—were awarded to the Manu¬ high bid of 101.461 for 214s was^ facturers & Traders Trust Co.. made by Pohl & Co. of Cincinnati.' offered bonds possible cost to the city. ;K Jacques Kahn, the President. "We "The committee further recom¬ must continue to stimulate this and operating expenditures, Dated Dec. 1, 1941, and due as follows: $21,000 fire and acquisition technical the —subject plan will result in the lowest the nance Sale—The Y. of $31,000 1V2% $2Q,000 couoon the- purchase improvement bonds. registered bonds offered Feb. 5 building and the time to give careful —v. 155, p. 356—were awarded Dated April 1, 1942. Denom. $1,thought" to the mass of projects to Tilney & Co., New York, as 000. Due Oct. 1, as fellow's: $3,already-- proposed by the City l%s, at a price of 100.08, a basis ] 000 from 1943 to 1951 incl., and Planning Commission and in¬ of about 1.72%. Sale consisted $4,000 in 1952.;. Bidder may name cluded in the 1942 capital budget of: a different rate of interest, pro¬ personnel The planning must be borough and the approving legal mends that citv officials be re¬ effort. No one can predict opinion of Reed, Hoyt, Washburn quested to scrutinize carefully the done now. & Clay Of New York City will be suggested issuance of bonds in when this war emergency will be furnished the successful bidder. A the future to make certain that over. This peace emergency will certified check for $1,810, payable such issuance is vitally necessary confront us with a desperate in¬ to order of the borough, is re¬ and for a proper purpose. The sistence that work must be pro¬ quired. The enactment,-? at any issuance of long-term bonds for vided for the unemployed thou¬ time prior to the delivery of the short-term items, which are prop¬ sands in this city. " "We do not know just where bonds, of Federal legislation erly to be regarded as mainte¬ which Ossining, N. order by the board technicians basis of about 2.06%. city's these when the war ends was ad¬ men ■ stating that the commit¬ structures. second with — tects, engineers, planners, drafts¬ of 5,116 . Details v will be dated bonds OHIO Brooklyn was 2,073, and new build¬ Cuyahoga Heights (P. O. R. F. D. ing in the other boroughs was Cortlandt (P. O. Croton-onBrooklyn), Ohio negligible. .> i".y Hudson), N. Y. Bond Sale—The $75,000 fire sta¬ The city has 333 buildings with Note Sale—The issue of $160,tion construction bonds offered assessed valuations of $1,000,000 000 tax anticipation notes offered Feb. 6 v. 155, p. 311 — were or more. The Parkchester de¬ Feb. 3 v. 155, p. 544 — was awarded to Prescott, Jones & Co. awarded to G. M.-P. Murphy & velopment in the Bronx had the of Cleveland, as 13/4S, at a price largest valuation in the city. It Co., New York, at 0.72% interest. of 100.06, a basis of about 1.74%. amounted to $52,757,000. Dated Feb. 6, 1942 and due Oct. Dated Feb. 15, 1942 and due se¬ 6, 1942. Other bids: First National North Hempstead and Hempstead rially in 10 years. Bank, Croton-on-Hudson, 0.75%; Union Free School District No. 5 Jackson City School District, Ohio Hemphill, Noyes & Co., 0.83%. (P. O. Hempstead), N. Y. Bond Sale—The $125,000 school Bonds Defeated—The proposal New York, N. Y. to issue bonds in connection with construction bonds offered Feb. 6 : City Told to Get Post-War —v. 155, p. 356—were awarded to a $500,000 building project was Work Plan Prepared—Drawing the Ohio Company of Columbus, rejected by the voters at the elec¬ now of complete plans and speci¬ as 2V4S, at a price of 101.937, a tion on Jan. 27. ; Society. ■ All of P. William the city and city's bondholders." Fisher, signed by Executive VicePresident Burton H. Witherspoon. and 1953.V-.;..- President Council will be least costly to fairest to the N. C. basis Feb. 1, of about 1.46%. Dated*v and due $1,500 on Offering—It is statpd by May 15 and Nov. 15 from 1943 Carleton, Town Clerk- to 1948 incl. Other bids: J. A. > t *: I - t 1942, * THE COMMERCIAL & FINANCIAL CHRONICLE 648 Tuesday, February 10, 1942 bonded indebtedness of the dis¬ tricts and three other subdivisions & Co., Cincinnati, 100.07 dealers generally and particularly trict consists of $400,000 refund¬ was $15,079,664.85. That is the IV2S; Seasongood & Mayer, to specialists in obligations of the ing bonds, series 1933, dated Aug. amount of money necessary to uK Cleveland, 100.13 for l3/4s; Provi¬ city. 1, 1933, bearing 2%% dent Savings Bank & Trust Co., interest, timately retire the bonds, McKe^ SOUTH CAROLINA $12,000 School House 5% bonds, said. Under- the refunding ar¬ Cincinnati, 100.23 for 2s; Ohio dated Dec. 1, 1919, owned by the rangements, the total now stands Company, Columbus, 100.20 for 2s. McColl, S. C. State Permanent School Fund, at $12,857,337.67. Thus the sav¬ Bond Call—It is stated by Effie and OKLAHOMA $19,000 School House 5% ing of $2,222,337.18 has been McLucas, Town Clerk and Treas¬ bonds dated June 1, 1919, unex¬ brought about. urer, that the following 5% bonds Guymon, Okla. changed for refunding bonds of The new rates of interest on the Bond Election—We understand are called for payment on March White ments for sonable;.and election an for ■' Feb. 10, has been submit to called the to 10, at the at interest, par and accrued Marlboro Trust Co., of $20,00„0 not ex¬ Bennettsville, S. C. (Which bank, ceeding 6% airport purchase although not named in said bonds as bonds. paying agent, has for some years been acting as paying Lawton, Okla. agent): $25,000 water works, part Bond Sale Details—In connec¬ of an original issue of $30,000, voters issue of an tion with the sale of the $195,500 bonds to two Lawton banks at a net interest cost of 1.64%—v. 155, 356—it is stated by C. W. Simp¬ p. City Clerk, that the $159,500 extension and improvement bonds were sold as follows: $60,000 as 2s, due $20,000 on Jan. 10 in 1945 to 1947; $20,000 as l%s, due on Jan. 10, 1948, the remain¬ ing $79,500 as l^s, due on Jan. 10, $20,000 in 1949 to 1951, and $19,500 in 1952. The $36,000 fire fighting equipment bonds were sold as follows: $15,000 as 2s, due $5,000 on Jan. 10 in 1945 to 1947, the remaining $21,000 as l%s, due on Jan. 10, $5,000 in 1948 to 1951, and $1,000 in 1952., son, sewer Bond Details—It Sale is $19,000 sewerage, part of an orig¬ inal issue of $20,000, $6,000 elec¬ light, part of an original of $10,000. Dated July 1, 1913. Due July 1, 1953. All bonds tric issue presented for payment must have needed Bond 155, 356—were purchased as fol¬ $13,000 maturing Jan. 10, p. (P. County has closed O. Chat¬ in¬ the Cum¬ deal with berland Securities Corp. of Nash¬ ville, and associates, for the funding of $2,000,000 bonds. re¬ lows: Columbian Sold—The Corp. of San Antonio, ' . Muskogee, Okla. Election—It Bond that will election an is be called this month to submit to the voters issue an of connection the for bonds, in vyith an application to WPA, for used $500,000 a like amount to be water extensions and other projects. County Road District No. 1-A (P. O. Linden), Texas Bond Sale Details—The County Treasurer $40,000 Callihan now that states refunding & the bonds sold to of Dallas, at Jackson reported here on Dec. 23, purchased as 2V4S, and ma¬ $8,000 on Dec. 15 in 1942 to 1946, incl. Int. payable J-D. V par, Okla. Election—It is depart¬ ment equipment bonds. Refund. Issue $3,607,528.93 $799,356.85 1,334,210.50 271,864.50 Road 3 (Alamo) 1,115,831.89 1,016,147.31 30,000 sanitary sewer system, disposal plant extensions and improvements bonds. 8,000 storm sewers bonds. 15,000 land acquisition and im¬ provement bonds. 6,000 municipal jail construction bonds. 5,000 street lighting repairs and improvements bonds. These bonds connection with a follows: $21,900 maturing April 10, $1,400 in 1943, $1,500 in 1944 to 1950, $2,000 in 1951 to 1955, as 4s, $9,000 ma¬ turing April 10, $2,000 in 1956 and 1957, $2,500 in 1958 and 1959, as 41/4S, and $17,000 maturing April 10, $2,500 in 1960 and 1961, and $3,000 in 1962 to 1965, as 4V2S. Dated June 10, 1941. Denomina¬ decreased values Suit and full the at authorized cents upon value is levy of 50 $100 assessed each insufficient interest re- tax to the upon the pay outstanding debt. :V;;7" Cv. ; j'-hv./V,>-,:r J".W The Dunne-Israel Co., in an at¬ submitted to all known refunding a Prin. Hanover to be issued in ter F. Fitzpatrick, City Treasurer, has just issued his compact sum¬ mary of the outstanding bonded No. 4 (Hidalgo) 113,832.00 69,844.00 43,983.00 No. 5 (Mission) 803,765.92 137,343.22 Road District No. 6 (McAllen) 1,545,471.71" 666,331.70 1,198,105.67 Road District No. 7 (Donna) Road District 8 (Pharr-San Juan) Water 99.684.58 347,366.04 1,632,215.00 1,337,170.00 295,045.00 1,282,082.55 1,149,769.56 132,312.99 1,663,165.00 1,582,090.00 81,075.00 69,140.00 59,440.00 '9,700.00 841,200.00 836,685.00 4,515.00 $15,079,664.85 $12,857,337.67 No. $2,222,337.18 ' improvement bonds J4— Courthouse-jail bonds V. Drainage District No. 1 Totals as Bank & refunding bonds to be Aug. 1, 1941, to be ex¬ changed on a par for bar basis. bonds will mature in 30 new from years 1% their interest for date the and seven lVfe% for the next 2% for the next five years, years, the bear first eight years, for thereafter to maturity. V After next has sum five accumulated and pay the in the sinking cient and years, to next two succeeding interest for moneys shall retirement of the Trust .; -- - - quest of ing standing 23, in¬ draw a to $50,000, to refund out¬ standing bonds and retire open note indebtedness.; To obtain the the bond is¬ channels for proper special act will be sought Legislature. After bond attorneys have studied and ap¬ proved the bonds, the Council will sue, a in the asked the authorize to Board proceed. draw by lot all be called prior to ma¬ : V-r'"' > >'/. time after the holders of 51% least Jan. attorney exceed • in bonds of amount have out¬ agreed to Tacoma, Bond will be interest or to be l/10th of 1%. Bids for the entire issue of bonds bearing rate one of interest may be submitted; bids for the bonds bearing different rates of inter¬ est may also be submitted. The purchaser must pay accrued in¬ terest the to the bonds. date No sidered for less crued the interest. entire be sold the delivery of will than Bids issue. to bidder. of bid be par must The con¬ and be bonds highest ac¬ for will and best The approving opinion of Thomson, Wood & Hoffman of New York, will be furnished. The bonds will for be furnished and by the city and will paid be de¬ livered to the purchaser on or be¬ Wash. Offering received of rates or multiples of V4 fore April 1, ,and delivery will be made in Tacoma.. * A' WASHINGTON . At any of Education on shall agent to re¬ permitting the issuing of bonds in a sum not to to bonds the Board its the at bill and resolution pay¬ turity. that City Council structed plan provides that the The Issuance understand the be tender Sealed — until 2 WISCONSIN bids p.m. on y Fond du Lac, Wis. Feb. 25, by John M. Roberts, City ^ Report on Current Debt Status Controller, for the purchase of a —The a pro¬ Fond du r Lac "Common¬ District $4,000,000 issue of Series B, 1941 wealth Reporter" of Jan. 22 had accept the refunding, the district has agreed to institute ceeding ' in the Federal Court under the terms of the Fed¬ eral Municipal Bankruptcy Act. The 'proposal now submitted and supersedes places completely re¬ proposal and agree¬ the between the district and the Dunne-Israel Co., entered ment dated into El reported Contemplated—It is that decided have the to officials city refund and sell $235,000 water department bonds raise to needed part to pay proposed on Harris y'y'- of the $375,450 the city's share of treatment water the Rio Grande River. Tenders Invited — It is by H. L. Washburn, County Auditor, that the county desires sell $152,000 par value of se¬ being high-grade bonds Texas municipalities. Bid curities, of forms will be furnished upon re¬ quest and bids must these forms on or Report on be filed before 11 of bonds. cash¬ or , ; the following: article:; and by Power City Coupon bonds, dated 1, 1942. Denom. $1,000. Pur¬ chasers will have the privilege of registration as to principal only or as to principal and interest. an Fund of 1941 created bonds in purpose and 12037, for the paying the principal of interest of this issue of bonds in issue, and the an amount of $4,000,000 designated as "Series A," issued pursuant to said Ordi¬ No. in 12037, and an amount an not issue of to ex¬ ceed $3,000,000 designated as "Se¬ ries C" to be hereafter issued for the same purposes as this office of the City Treasurer or at the fiscal agency of the State in New York. The bonds shall be¬ come ance due and payable in with whichever of accord¬ the fol¬ lowing two plans of payment shall be decided upon by the Sinking Fund water department 1942, according to a compila¬ prepared by City Treasurer Otto Muenter. Of these, $74,500 city bonds and $10,000 in water department bonds. will be in City bonds to be paid during the year are as Senior follows: and Roosevelt Junior High schools, $20,000; Lincoln school, $2,000; sewage disposal plant, (1925 issue), $10,000; sewer and drain, $1,000; sewage disposal plant (1934 issue), $6,000; bridges, $1,000; Arndt Street bridge, $3,000; West Division Street bridge, $2,000; street improvement (1929 is¬ sue), $3,000; street improvement (1931 issue), $3,000; river im¬ $1,500; poor relief, and will be payable at the $20,000, and fire department, $2,- issue, and said "Series A" bond is¬ sue, and totaling $84,500 will be due tion Ordinance No. on a.m., Debt Refunding Pro¬ (P. O. revenue Jan. bonds Bond power payable J-J. nance County (P. O. Houston), Texas stated to and Interest rate is not to exceed 4%. obligation only against the special fund known as City of Tacoma Light Texas Paso, Sale Bond light These bonds will be Sept. 20, 1941. than $2,000,000 sav¬ ings, have been effected by re¬ funding contracts executed for Eastland), Texas Debt Refunding Proposition— 11 of Hidalgo County's bonded In a letter dated Jan. 29, to hold¬ debt units during the past two ers of all the above district in¬ years under the direction of School Dist. Hampton, Va. Contemplated— Bond We call. by Co., / Rate in or either bonds at pay¬ tjates, all other usM be fund suffi¬ interest on the . D, McCall of Dallas. VIRGINIA $431,000 Legality approved by Hidalgo County (P. O. Edinhurg), Texas Attorney-General, and John Eastland Free No. District District which provides for the issuance of gram—More Providence, R. I. Debt Summary—Wal¬ District Road bond¬ New York. ISLAND Savings Road proposition 16, 1942. Certified $1,000, $500 and one for $400. and int. payable at the Cen¬ ier's check is required. tral Bonded indebtedness this did not present time the Feb. tions the RHODE purchased DPW grant. are Because of the par.' as were 1 Old Issue plant fire the 1,606,075.00 refunding bonds sold to the Ran- and of $4,406,855.78 son-Davidson Co. of San Antonio, at par, as noted here on Oct. 4, provements tabulation (Weslaco) divided $30,000 water extensions and im¬ auditor's (County-wide), the follows: The refunding program shows the fol¬ lowing' figures:": j:iy; yy / iyr 1 ported that the $47,900 semi-ann. as savings have been the refunding pro¬ grams .reduce interest require- 2 were Channing Independent School Dis¬ trict (P. O. Channing), Texas reported been the since No. for Feb. 24, to submit to the voters bonds aggregating $94,000 and has election are said, No. Bond Sale Details—It is now re¬ an McKee District called that downward, Road ture Pry or Creek (P. O. Pryor), Bond .. Cass reported improve¬ general fund debts Road District recently purchased $5,000 airport ment bonds, thus bringing the total sold 2V4s; as where are maturities. the county will be in the best fi¬ nancial shape in years. affected bonds—and interest rates made, and taxes for< *the the permanent revised of amounts interest to $85,000, out of the $100,000 au¬ $39,000 maturing thorized for the purpose.. Jan. 10; $13,000 in 1946 to 1948, as 2s, and $52,500 maturing Jan. Brown County Water Improvement 10; $13,000 in 1949 to 1951, and District No. 1 (P. O. Brownwood), Texas $13,500 in 1952, as IV2S. Dated Jan. 10, 1942. Denom. $1,000, one Bonds Sold—A $30,000 issue of for $500. Prin. and int. payable at water revenue bonds is said to the fiscal agency of the State in have been purchased recently by New York City. Legality ap¬ Beckett, Gilbert & Co. of Dal¬ proved by J. Berry King and las, as 3V2S. Due on Jan. 1 as George J. Fagin of Oklahoma follows: $6,000 in 1943 and $8,000 in 1944 to 1946. City. ; 1945, substantial less than 4% Bollinger, Texas Bonds 1933 annual funds bonds by calls for offers of bonds a Securities the 3% TEXAS V of contemplated dated are D. a time was to praise When ment result» next at S. Etheridge, The County Manager, that the county by reported terest cost of about 1.68%—v. retire is tanooga), Tenn. Refunding—We formed it that the school district would pay the lower rates of interest and holders TENNESSEE Hamilton the debts' should artVeasiiigYof. the tempt to refund the indebtedness, attached. pons At refunding July 1, 1942, and subsequent cou¬ now that the $104,500 semiann. > water works improvement bonds sold to C. Edgar Honnold of Oklahoma City, at a net in¬ 1933. in year ^ that are not burdensome, in opinion., They are rea-, — McKee's Board at the time of provement, 000. Bonds outstanding Dec. 31, 1941 totaled $401,500, of which $321,500 city bonds and $80,000 water department bonds. were „ as The city bonds outstanding were follows as of that date: . .vl con¬ sidering the bids, and approved by the City Council by resolution. Payment Plan No. 1: Due $50,000 000 Jan. and $150,000 July 1, 1946, Jan. and July 1, 1943 to 1945, $50,- $150,000 Jan. and $100,000 July 1, 1947, $100,000 Jan. and July 1,1948 to 1955, $100,000 Jan. and $125,000 July 1, 1956, $125,000 Jan. and July 1, 1957 to 1960, $125,000 Jan. and $150,000 July 1, 1961 and Jan. 1, 1962. Payment Plan No. 2: Senior and , Roosevelt Junior High schools, $60,000; Lincoln school, $20,000;; sewage disposal plaht (1925 issue), $40,000; sewer and drain, $11,000; sewage dis¬ posal plant (1924 issue), $24,000: bridges, $12,000; Arndt Street bridge, $3,000; West Division Street bridge, $14,000; South Park Avenue bridge, $3,000; street im¬ provement (1929 issue), $20,000; street improvement (1931 issue), $35,000; river improvement, $11,500; poor relief, $60,000; fire sta¬ tion, $8,000. the city as of corporation B. F. McKee, bonds, the Dunne- County Auditor The grand aggre¬ Israel Co., of Wichita, Kan., points Mission, a report showed recently. gate is $71,960,500 and sinking out that the situation with refer¬ Debts which once totaled $15,079,funds total $18,041,977.12. Data ence to outstanding bonds has 664.85 have been cut to $12,857,- Said bonds to become due and describes every bond issue out¬ been highly unsatisfactory for 337.67, the report showed. The payable as specified in Plan No. standing with reference to the some time past. " In 1929, the figures were included in McKee's 1, provided, however, that the city The total issue' of bonds; por¬ purpose of the loan, rate of inter¬ assessed valuation within the dis¬ annual report to the county com¬ may, at its option, call all or any of the outstanding bonds for re¬ tions of which are still outstand¬ est and interest dates, amount still trict was $6,442,016. In 1933, the missioners on Hidalgo's financial to mature, date of issue, maturity assessed value had decreased demption on Jan. 1, 1953, or any to structure. ing, since March 1, 1924, date of interest date, amount available in the $3,141,000, and the resulting de¬ paying date thereafter, The bonded debts of eight road the first issue of such outstanding Sinking funds applicable to the fault led to a refunding by which districts, the county water im¬ upon 60 days' advance notice. Bids will be received for said bonds, was $1,357,000, of which respective loans, name of the pur¬ the $431,000 of debt bearing 5% provement district, the court¬ bonds to be issued under each of $1,157,000 were in city and $200,chaser of the securities and the interest was refunded into an house and jail fund and drainage price received by the city. Foot¬ issue of $431,000 of D/4% to 5% district No. 1 are involved in the the above designated payment 000 in waterworks bonds. As of Dec. 31, 1941. indicate whether the bonds notes bonds maturing in 1963. Since refunding, the district retired any of the prin¬ Still to be negotiated plans; bidders may submit bids of the permanent under either or both of said plans; improvement and general funds. interest. This bids under each plan must be cipal indebtedness At the outstanding beginning of 1940 the prove of great value to municipal and at the present time the total debt of the eight road dis¬ separate. are and in coupon place of or registered form payment of bond document should the has 1933 not refundings. are the debts Dec. 31, bonds of 1941, payments on had which amounted to such $955,500, $120,000 was in water¬ works and $835,500 in city bonds.