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i' 11*■" MONDAY ommatcicLL an Reg. U. Volume Number 161 New York, N. 4359 S. Pat. Office Price 60 Cents Y., Monday, February 12, 1945 Copy a General Corporation and Investment News RAILROAD Acadia PUBLIC UTILITY - Sugar Refining Co., Ltd.—Partial Redemption April 1, next, $42,000 of 4Va %, 1st mtge. sinking fund bonds due Oct, 1, 1955, at 101V2 and Int. Payment will be made at any branch in Canada of The Royal Tuere have YY Bank of been called Canada.—V. redemption for 160, on 2289. p. held for "The Secured Convertible Notes due 1954 Through $28,335,000 Bank Loan— corporation loan secured and of on Feb. 3 convertible notes due that it had announced the for $28,335,000 1954. They should not be a made by a group of 17 The interest rate is 2Va% banks headed by The Chase National per annum except that to the extent which the loan may be secured by U. S. Govt, securities the Interest rate will be 1 The loan will be secured by approximately 1,098,000 shares of common stock of The Chesapeake & Ohio Ry. Co. The Alleghany Corp. has called its 3lA% secured convertible notes for redemption on March 5, 1945. Money covering the redemption price and accrued interest has been deposited by the corporation and holders oMhe notes are being given the opportunity to receive imme¬ diately the full redemption price with accrued interest to March 5, 1945, the redemption date. The Chase National Bank will act as agent under the loan agree¬ ment. The participants in the loan are as follows: The Chase National Bank of the City of New York, Central Hanover Bank & Trust Co. of New York, Bank of America National Trust & Savings Association of San Francisco, The First National Bank of Chicago, National Bank of Detroit/ The Pennsylvania Co. for Insurances on Lives and Granting Annuities of Philadelphia, American Trust Co. of San Francisco, Cleveland Trust Co., Glrard Trust Co. of Philadelphia, Central National Bank of Cleveland, First National Bank of Cincinnati, Manufacturers & Traders Trust Co, of Buffalo, The National City Bank of Cleveland, First National Bank of Philadelphia, Harris Trust & Savings Bank income tax for the year 1944," he added.—V. 160, Press dispatches from Buenos Aires, Feb. Five the power group the are American Cable & Radio Corp.—New This In "Y' VY.;\Y; - -. , 688 CIeveIand\Stock / serving The company Terminal Illinois on steel flat cars.—V. 6 announced the receipt of an order from for 50 50-ton 53-foot 6-inch Victory Model Edward J. Savarese, Treasurer, the total "capital dividends gain by paid the on Jan. 26 announced that 100% corporation in 1944 is designated ; ■ Y / •.V..- ' 'Y. /?■'" • "./ : -V'-v -, y ' / ; y'V 7.V / of 1944 Federal the sale or exchange of capital assets SPECIALIST J7V Alvin Established 1922 710 and Sales reserves $0.28, for Federal income $0.68 taxes. net of 1943 Redemption Calls and Sinking Fund Notices.702 702 The Course of Bank Clearings ; 701 Foreign Exchange Rates 702 4 Banks 702 Condition Statement of Member Banks of Reserve System 702 Transactions New York Stock Exchange Transactions New York Curb Exchange—— Stock and Bond Averages Auction Sales —_ G. (Chemical Brush, Chairman, Marietta, Co., recently that two wholly Works, Inc., Haledon, N. J., and Ohio—have been merged to form announced Color Harmon Dyestuffs Inc. now is manufacturing war products, indyes for smoke grenades and signal shells; ingredients for incendiary bombs and flame throwers, and camouflage colors. This affiliate recently won the Army-Navy "E" award for outstanding production of quinacrine hydrochloride (atabrine), the anti-malarial drug. / Producers of acid colors and intermediates for the dye industry before the war, the Marietta company now is a large producer of try before Pearl Harbor and 2-amino 683 • zene, a services. 683 683 The thiazole, a sulfathiazole intermediate; DiNitro chloride benbase for high explosives; and uniform dyes—all for the armed Y'Y -»Y~-'Y Ohio ticide 702 ._y — Corp.—Forms cludng Combined Condition Statement of Federal Reserve Products According to Mr. Brush, the consolidation will bring no change in management, personnel or plant locations. Harmon Color Works, acquired by the parent corporation in 1942, produced organic colors for the automobile and farm machinery indus- Dividends Declared and Payable. unit which is also Is a major supplier of DDT, the wonder insec¬ in war areas. Marietta Dyestuffs was used widely acquired by American Home Products in 1944. Principal Chairman of officers of the the board; company new Victor J. are: Chartrand, George A. LaVallee, President; Vincent C. Madden, Walter F. Silbersack, C. H. W. Whitaker and C. W. Tarbet, Vice-Presidents; Herbert E. Carnes, Treasurer, and Thomas H. Brown, Jr., Secretary.—V. 161, p. 202. : r Harold Central Argentine and Andes Electric T. companies. American Phenolic Corp.—Initial Dividend— Tucuman The Two other subsidiaries of American & Foreign Power, the Tramway and Tucuman Hydroelectric companies, previously were expropriated by provincial authorities, and the amount of com¬ pensation paid is now being contested in the courts. The investigating commission charged the American 8c Argentine commercial law, with of share .-y v.. ■ Y,.; The report concluded that the Government.should proceed to nation¬ alize public utilities economic. possibilities permit.", Markham Cheever, American & Foreign Power executive who super¬ vises operations of the companies concerned, said in New York City "as soon as - ELECTRONICS on y; ' corporation resulted During I Kobbe, Gearhart & Company INCORPORATED REctor 2-8(i()0 Security Dealers Association NEW YORK 5 Philadelphia Telephone Enterprise 6915 Bell Teletype New York 1-576 I '.,-' the us an March 31 of to 15 1 • cents shareholders - per of . Corp. (of Del.)—Annual Report after expenses earned from dividends and interest, sale or effective market place for large or small BLOCKS of SECURITIES which I Telephone payable 161, p. 562. dividend Banks, Corporations and Individuals have found > I York initial (50,764) $290,256 exchange of securities. the year the number of shares of the corporation's: first stock outstanding was reduced from 57,400 to 42,415—a from preferred INDUSTRIALS New stock, an and taxes, $294,948, or $5.81 per share on the average number of first preferred shares outstanding during 1944. A profit of j NASSAU STREET, common 17.—V. American Superpower The RAILS Members the March record declared have directors Foreign various violations of accused monopolistic practices, Mid declared their international or¬ enabled them to elude the, surveillance of the Argentine NEW YORK 4, N. Y. Bell Teletype: NY 1-573 1941 $522,527 $0.01 quarter of dividends Marietta-Harmon Chemicals, State and City Bond Offerings 45 Telephone: HAnover 2-2600 1942 $279,855 . $113,130 $0.18 Home affiliates.— Marietta MUNICIPAL DEPARTMENT . with American 665 Municipal Bonds 80 BROAD STREET Subs.)—Earnings— 1943 • Unit— Miscellaneous Features , qAllen & Company preferred eent per common 0; ' General Corporation and Investment News. FLORIDA & NEW JERSEY • % ' ' Government. as 1944 $213,351 1944 indicated profit was $105,254, to nine cents per common share, of $68,366, equal to less than one share,—V. 160, p. 2394. ' - compared ganization Corp.—Tax Ruling- performing Inc., Franklin Real Estate Co., Indania Frank¬ the Duncan Falls Co.—V. 161, p. 305. sh. December after owned them which should be reported on dividends," income tax return as gains from Y 699 70(L Power 161, p. 305. American Foreign Investing the extent of 696 South Argentine, East Argentine, Co. (to properties are all interests, direct or order to conform with depreciation and repairs, the For Vesce, Con¬ Corp. companies). that if the above-named stated also com. equal these areas will be through, or connecting, cities in the United States, Canada and Feb. RR. After per which requested tract—. : * the interest of the war effort. American Car & Foundry Co.—Receives Large Service above-named tOn 584,950 shares of common stock. 693 Federal flights the profit—_—__—v tEarnings 693 Exchange—-.. Electric & Gas for properties), Beech Bottom Power Co., Inc., Co., Windsor Coal Co., Southern Qhio Branch RR., Wheeling Electric Co., and Coal Twin American Hide & Leather Co. (& 696 * Over-the-Counte^ Markets selling commis¬ for 4,825 shares flights to all principal Mexico.-V, 161, p. 561. an Public in its tentative conclusions that the prop¬ 6 Mos. End. Dec. 31— Net 696 696 Toronto Stock Exchange The corporation on Feb. 7 resumed service into five cities where operations had been suspended due to wartime restrictions. New and Bridgeport in Connecticut, Springfield-Westfield in Massa¬ chusetts. Akron, Ohio, and Lynchburg, Virginia, saw their first flag¬ : Curb service House Co., Radford Limestone Co., lin Real Estate Co., and ____ — Toronto Stock Exchange^—Curb Section Haven Y.Y The the 694 Exchange.;—695 695 695 Montreal Stock Exchange Montreal ^ when the Army regarding of (B) retained, the company must divest itself of indirect, in the following nine companies in (B) (1) of the Act: Atlantic City Electric Co., Deepwater Operating Co., South Pennsgrove Realty Co., Scranton Electric Co., West Pittston-Exeter. RR.,. 694 —. Philadelphia Stock Exchange Pittsburgh Stock Exchange St. Louis Stock Exchange Offering—Shields & Co. the post-Pearl Harbor period 11 Section 11 693 693 —- _ American Airlines, Inc.—Resumes Suspended Service since water Power Service The Commission 684 — Detroit Stock Exchange Los Angeles Stock Exchange. 458. American to curtail service in for American 673 Cincinnati Stock Exchange-,-— and allotments made on the basis of 93.2%. A total of :38 purchases was made by 18 firms. The largest allot¬ ment was 930 shares and the smallest 25 shares.—V. 161. ships under Section company American of Public New York Curb Exchange Baltimore Stock Exchange— completed in 15 minutes Feb. 5 a special offering on the York Stock Exchange of 4,000 shares of common ' Com¬ on the of services New p. Rules conclusions take to conform with the operations of the American holding company system to the standards of Section 11 (B) (1) of the Act. Issue Chicago Stock Exchange._—„—_J : Co.—SEC tentative Appalachian. Electric Power Co., West Virginia Power Co., Indiana & Michigan Electric Co., Kanawha Valley Power Co., Kentucky 8c West Virginia Power Co., Inc., Kingsport Utilities, Inc., Ohio Power Co. (ex¬ New York Stock Exchange (Stocks) New York Stock Exchange (Bonds)—-™- a stock (par $25) at $91 Vs per share, less a sion of $1.10 a share. Bids were received Argentine, Windsor Official— YY:YYY^: American Can Co.—Special - the its 7 Consolidated with American's application is a proceeding instituted by the Commission pursuant to Section 11 (B1 of the Act and designed to determine what action American and its subsidiaries should cept director of Mackay Radio & Telegraph Co.. and is Comptroller of All America Cable & Radio, Inc., The CommerciarCable Co. and The Cuban All American Cables, Inc., all I. T.- 8c T. affiliates.—V. 161, p. 458. Lair is application filed by Stock and Bond Quotations YY-''to his other officers, Mr. Feb, , W. addition Electric & following 14 companies composing the so-called "central may be retained under common control under the standards of Section 11 (B) (1) of the Act: Y Lair, formerly Vice-President and Comptroller of All Corp. and Commercial Mackay Corp., has been elected VicePresident and Comptroller of American Cable & Radio Corp., an affiliate of International Telephone 8c Telegraph Corp., it was an¬ nounced on Feb. 1. He has been with the I. T. & T. System for the In Gas announced Utility Holding Company Act of 1935 and set March 6 for a hearing on the matter. Yy-.XYYy. included in North SEC The Commission declared America past 14 years. The system" redemption agent, 16 Wall St., New York, N, Y., for payment at the full redemption price, plus acctued interest to the date of redemption.—V. 161, p. 561. John American the. erties trustee and Bankers Trust Co., , panies to Be Retained in System—Hearing March 6— firms controlled by the American Commission's recommendation. They are the 4V2% announced that any of had 2, S nearly all the Argentine subsidiaries of Amer¬ ican & Foreign Power Co., Inc., wa6 recommended Feb. 2 in a report of a commission investigating utility company concessions in Argentina./ The recommendation, which is aimed at the eventual nationalization of the American-owned companies, would strike at the second largest American financial interest in Argentina. deben¬ tures ^ue Aug. 1, 1961, which were recently called; for redemption on. March 1, 1945, at 101'/a and interest, may be presented at any time the ,h, courts of of Boston Stock Exchange— to 2641. p. & dissolution -The Allied Stores Corp.—Notice of Prior Payment— recently report "is in the nature of a recommendation only." past, when such matters have been taken to the higher Argentina," Mr. Cheever said, "any unfair or unsubstantiated Ycharges or unreasonable fines have not been sustained by the court. In the cases cited, the Attorney General has rendered an opinion to the Supreme Court of the nation in favor of the company's position." 161, p. 562. ' «• \ i the "In return MISCELLANEOUS - that the following: Union Trust Co. of Baltimore, and State-Planters Bank & Trust Co. of Richmond.—V. 161, p. 561. corporation as Foreign Power Co., Inc.—Asks Dissolution of American Utility Units- of Chicago, The reported percentage is subject to subsequent change upon the final review by the Treasury Department of the corporation's Federal." Associated consummated purpose of refunding its 3V*% The loan is an eight-year loan was Bank. months. dividends. , Alleghany Corp.—Refunds 3*4% The six INSURANCE - above American bank than more ordinary INDUSTRIAL - ' are hot readily marketable. INQUIRIES INVITED , I HILL, THOMPSON & CO., INC. | 120 Broadway, New York 5, N. Y. 7 | | | | | ^diuiuiiiiiiiiiiiraiiimiiiirainiiiniifliummmiiimiiiiiiimimii|ii!niiumuiiHimttittwi|fl|u||!|||B||iii|uuai«idiiiBir:iiiiBiiiiiiiiiuuiiiiuiiBiiaiiiiUB *• *»• of difference of Co. 14,985 7,760 and cash Electric Co. stocks. common or Dec. . ,. themselves. ;y"/"" dividends Cash Int. U. on income Total 41,897 35,736 5,000 33.534 Cr314,576 inc. Fed. tax taxes Other Prolit — ol' sale on sees. railway from Gross ry. railway from Net 23,938 Co., 1179. p. from 29,111 35,164 20,033 5,278,915 4,000,671 1,679,715 612,244 2,491,044 670,694 Net Crl46,929 ry. —V. 2,097,474 161, 2,192.096 403,742 467.748 income___ oper. applic. to divs._ $585,204 $626,963 Dividend? of $4 per share ($190,565) were paid Eal. ' 1944. during stock Sheet, Balance « " Dec. 31, 1944 Assets—Investments—stated at market values as of Dec. or at cost, if acquired after that date (market value, Dec. $10,210,919), $9,502,564; cash, $1,329,451; accrued interest $186; accounts receivable, $81,292; other assets, $121; total, 31, 1943, 31, 1944, stock payable Jan. 10, 1945, ter receivable, $10,913,612. Liabilities—Dividend reserve . the on : assembly the Of 1 (235,207 shares, no basis 202,137 of The $10,913,612. plan) ■ had- corporation announced ,op Feb. 5 that it set aside purchase for retirement of 6,900 shares of its first $126.75 a share. The offer will remain open until business on Feb. 15 and tenders should be submitted to the of at National Bank oi Jersey poration's fiscal agent, the Fifst Place, Jersey City, N. J. ' I change If a $874,575 preierred the close yearv The City, 1 Ex- The ■ butions ; Realizing debentures are subject to such sup¬ not be necessary to present such deben¬ payment. Also pursuant to the aforesaid provisions, principal and interest payable March 1, 1945, will be paid to holdeis or debentures not so lully registered and stamped, only upon presentation of their debentures and coupons, if any, for stamping to indicate that' such payment has been made, .at, the principal office of the aforesaid trustee at 40 Wall St., New York, N. Y. Charles W. Devov is President; of the corporation, which is located at 57 William St., New York, N. Y.—-V.' 160, p. 617. tnat such indicate to plemental indenture. , It will tures in order to obtain such - • Utility Board No Authority to Regulate Intrastate Li;=rht Co.—Arkansas Arkansas Power & Contends FPC Has Power announced that it would participate in the Arkansas Power & Light Co.'s suit to determine whether the company should be regulated bv the Federal Power Commission cr the Arkansas Utilities Department, and would seek a Commission Utilities ' ordered the power company not use the -"original cost'' why it should theory of accounting in establishing a rate base. The Arkansas Utilities Commission had ordered the utility to reduce its rates last June, but using the "prudent investment" formula it set the Tate base for the company several million dollars higher than the "original cost" base proposed by the FPC. The Commission will contend FPC has no authority to regulate an intrastate utility. The State Commission in its order said: "The department finds that the FPC is undertaking to usurp the power and right reserved to the State of Arkansas to regulate public utilities operating exclu¬ sively in (his State. If the asserted power and jurisdiction of the FPC over corporate records and accounts of A. P. & L. is exercised as now indicated the power of the State to supervise, regulate and control the official corporate books and accounts of utility corporations operating exclusively in this State will be substantially curtailed if not entirely destroyed."—V. 161, p. 3Q6 show Feb. cause, 20. Delaware—Debentures Called— 7% cumulative income debentures (subordi¬ redemption on.March 7, interest.' Payment will be made at The First Armour & Co. of next, Broad York, New trustee, Dearborn St., Chicago, the City of New York, 11 South 38 Bank of National Chase The Y. N. eficawe accrued the 160, of payment awaiting drilled the full & Co. Armour (I1J.)—Calls 7% Co. & Armour Income Debentures— above.—V. 161, p. 562. (of Dei.) Armstrong Cork Co.—New Director— Jr., of Port Chester, N. Y., has been directors to fill the vacancy caused by the Carey, Gibson W. the of board Dwight L. Aimstrong. " , a Carey is President of the Yale & Towne Pest President of the United States Chamber of the New York.—V. Trust Irving and Co. Palmohve-Peet 1C0, p. Co. of trustee a 1394. of the elected to death of , Mr. director Manufacturing Co. and of Commerce. He is a New York and-, of Co'galeMutual Life Insurance Co. of . Associated Electric Co.—Chairman Elected— Stanley Clarke has been elected of this company. He trustee of Associated p. has been a . Chairman of" the board of directors director since October, 1941, and is the parent company.—V. 161, /"" . ■'.'■/■".'.•• '/ in funds the a development of said BaTnsdall Canyon Oil in Co. leases drilled been developing said property. the "Ih of this in funds a electric output of of kwh. 141,028,988 the the for Associated '■ ■'• Gas & Associated the week 4,624,744 kwh., or 3.4%, over the Shares Ruled land in belt its Prov. for accrued Fed. •Previous - Total ■ Change in Name— of various ■: - Electric Corp. The $425,797 $424,762 $421,933 losses from sale of securities. securities during 1944 amounted to 810,loss from sales of securities to Dec. 31, Sheet, Dec. Balance $5,962; bank, in 31, 1911 receivable, sales of dividends interest, and investments in securities at cost (*e s proceeds of approximate market vlue $4,667,235), $4,184,204; expenses and deferred' charges, $312; total, $4,213,627. $23,149; prepaid rights, Earnings Higher— ■ meeting, May 9, on a Liabilities--Accrued liafci'itles, $9,832;. capital stock (260,860 sl\#rcs, proposal to change the name oi the company to Inter-American Oil •no par), $9,953,025; paid-in surplus, $239,8)0; earned surplus, $1C,879; Cox p., it was announced on Jan. 30 by T. Riebey, President, total, $4,213,627. Net income in 1944 was about $850,000, or something over $2 a', Note—»The approximate market value at Dec. 31. 1944, of the in— share, compared with net income of $663,797. or $1.70 a share in 1943. ..vestments owned was $4,667,.*3". On that ba-is the net worth of the It was explained that the change in name is linked to the future .Trust at that d^te amounted to $4(('86,825, and the net asset value per business of the company, vliiqh is expected to be principally in oil. "hare of the 26.0,860 shares outstanding was $17.97.—-V. "160>, p. 1290" Varied activities in the paving and roofing materials field in the past and. lately, in shipbuilding, have been discontinued. Browp Cp.* Berlin, N. II—^Scrip Certificate Redemp¬ " Announcing the change, the board sa d: "The directors believe that the corporation's name should be more tion Privilege— descriptive of its business than is now the case. 'Barber' has been The scrip certificates for fractional shares of voting trust certifi¬ chiefly associated with branches of the business which have been cates having exp.red cn Jan. 2, 1945. the Trustees under the voting discontinued, .namely, street paving and tne manufacture and sale cf trust agreement have sold as therein required voting trust certnicites prepared roofings. Furthermore, wn.le large-s.ale product on of natural for the number and class of shares l'epresented by such strip cer¬ asphalt from the Trinidad Lake w'll be resumed as soon as ocean/; tificates outstanding, it was announced on Feb. 6. transport is available, it is anticipated that the corporation's major " Each holder of any such outstanding scrip certificates shall be activity in future years will be oil. entitled to receive only hi.? proper proportion of the net proceed? " "As the corporation owns plants and' properties in this country of .-uch sale, that is $1,053 for each l/40th of a. share of preferred and has reserves of raw materials not only in this country but in stock ard $1 for each one-half of a share of common stock, upon .Venezuela and Trinidad, the proposed new name 'Inter-American Oil surrender of his scrip certilicates to an agent on or before Feb, 6, Corp.' will be descriptive both ol properties and business. The 1946 and any scrip certificates therealter remaining outstanding shall directors believe the change to be advaniageous and recommend it to stockholders The at vcte will the annual • • - stockholders." the addition In to , Trinidad the and Venezuela oh interests, Barber has deposits of gilsonite in Utah and' Colorado. Gilsonite is hydrocarbon in a solid form which yields about two-thirds of its weight in liquid petroleum ar.d cne-third in petroleum coke. Barber's holdings ot gilsonite properties are estimated equivalent to 150,000,000 barrels of oil, the company states. Development of these holdings to large production is not expected before the end of the waf, the company reports.—V. 160, p. 2396. " .V'. •' '... ..."•;" ' v. -v*:: :% (W2;.? development large ^ ' •' For preferred rcrtp Chase National Bank -of the City of New York, New York City; Guardian Trust Co,, Mont¬ real; and The Royal Trust Co., Toronto. For common scrip certificates: State Street Trust Co.; Boston; The Continental Bank & Trust Co. of New York, New York City; Guardian Trust Co., Montreal; and The Royal Trust Co., Toronto. —V. 161, p. 459. > '• * be null and vpid. < The several agents Bath Iron Works .Corp.—Contracts .. ' ■' report As of Dec. 31, thiv'corporation 1944, 1, had unbilled contracts total¬ the During 1944. Unbilled balance of contiacts adjs. decreases or other series of Associataed Co., _ *' ! & Electric preferred ' ^ has Oct. in 1. —$131,462,125 45,058,094 1944 contract price during period / which r . ,t t- ^ registrar for during Billings period________;_ balance Dec. 31, ,— -----—• 30,085,619 last 1:—$56,318,411 1944___ Dec. 31. new this contracts received during the 1944 Net decreases or quarter ended adjustments in contract Gross prices dur¬ period_________ ~ 1 year.—V, 160, p. lrom Net Net 1,920,000 from ry. oper. in Maine—Earnings— 1944 railway , $600,198 271.554 83,05? "" railway Unbilled balance Total unbilled Total —V. niimber.'of 160. p. Dec. balance 31. of 1944___.__^__.._..__.;_..-.. $15,780,000 income contracts employees Dec. 2290. 31, From Jan. 1—; Gross from 1944.. $72,0u8.411 Net from 1944____;.n_,.rsn__^_ 9,420 Net ry. as at Dec. 31. —V. railway^-— railway oper. 161. p. ; income. 107. ' " ' " 1628. ''December— $17,700,000 __ other split of four for one, Canadian Pacific Lines , Additional a to set up a sinking fund for its first mortgage paying'dividends. The present common stock is the authorized by shareholders on Sept. 29, obligated was bonds before result of ■ Gas take their losses If they are not this year the losses will not be recognized thereafter Federal Income Tax Bureau, according to a communication re¬ , Inc.—Registrar— been anointed cumulative preferred stock.—V. 161, p. 563.",: $4.25 6% ing Worthless— rr * l'r " & Canadian Locomotive Co., Ltd.—Initial Dividend— " The directors have declared an initial dividend of $1 per share on the no par value common stock (out of profits for the year 1944), pay¬ able March 1 to holders oi record Feb. 15. No dividends were paid on the old common stock of the company $86,404,030 that the to of ' t $72,098,411. Oct. Net ' ' . Harr-man biowii-jorotiiexs which t c&riipared with a total of $131,462,125 en the fourth quarter there were large downward revisions in contract)?on"the books and sizable buildings, which reduced existing contracts, and additional new contracts were booked, as shown in the table below: ing ' . _ Canada Dry Ginger Ale, Revised Downward ■ Less: corresponding week in.1944" ' 4 * • presently as follows: Trust Co.. Boston; The are Colony Old certificates: '•' Balance ,, Gas & Electric Group amounted ended Feb. 2, 1945, an increase and'preference stocks were told Jan. 29 that they can on these securities in their 1944 income tax returns. taken $604,535 182,602; : tota ed $414,918. 1944, Ass-ts—Cash Proposes $591,712 166,950 into account pro;its or 1 ; 421,933 ■ paid net profit from sales of and the accumulated net 953 , 8,150 $177,857 426,022 •' 655 424,761 - surplus- "Before taking : 15.129 6,983 $169,779 0Surplus income at Dec. 31 Thq - $201,185 15.178 $191,891, • r 1942 $600,573 174,776 ' &urpiu.>_. Dividends ■ ; $175,812 Vice-President — _ Adjustment of* prior year taxes; etc. Corp.—New Director— Barber Asphalt Corp. income tax. income— Net ; Holders from securities Income ... /; " joints, in continued 1943 1944 $198,598 14.991 7,795 Deductions . re-elected.-^V. I31"p. 203. and fuselage assemblies Trust—Earnings— Boston Personal Property Years Ended Dec. 31— properties."—V. 160, p. 1730s the; corporation were gears 161, p. 307. large volume.—V. the Ali 0 Greenfield has been e'ee'ed a director. He is Assistantof Albert M. Greenfield & Co. All other directors of motors, unslacking production. truck—clutches, transmissions and universal For opinion of this bo«rd of directors it is to the best interests and to its stockholders that this corporation con¬ cash now on hand to finance the development of tne above Gordon. K. electric aircraft—pumps, For in • Bankers Securities ammunition—more arms high point. corporation referred to than 450 000,009 cartridge clips and ammunition links already produced, with link schedules at a new Small share of the costs of - 13,000,000 approaching the and up mark. upon which one producing considerable ajmount will be bear its one-half to of acres stepped casings—output practically . . Shell model, impi'oved an 01 " viz.: programs, tanks—productii/u Amphibious one-half undivided interest with 160 2. Feb. doubled. . Calif., County, and this corporation by covering early in on least five critical munitions at the acreage, Angeles Los area, has well achieved directors of urgently needed .war material was entered on the books of the company in December. ; Mr. Davis pointed out that Borg-Warner divisions are contributing to for. operations upon which are now temporarily suspended and installation of Heavier equipment, is being success is had in said well and oil discovered therein, considerable amount will be needed by this corporation; in "This corporation is the owner of a needed mark board if Unbilled trustees high . in Associated Gas & Electric Co.—Weekly Output— The « expected sent this corporation's war Gas & Electric Co., 562. ■ " at New Record— cutbacks to materialize production upward toward the 1944, C. S. Davis, President; told the More than $49,000,010 in new orders of failure and orders war again delivery and share. Borg-Warner Corp.—War Output well, prospect xor prmo^al New developing its properties in- the Shark Tooth Oil Field and large expenditures incurred in exploring for production in the Aliso Canyon and Bacon Hills areas and further because of a change in the depreciation rates on certain of this corporation's physical equipment, all during the year 1944, this corporation has operated at a loss of some $121,000 for the calendar year 1944. "This corporation has oil and gas leases covering 1,880 acres of land in the Bacon Hills area. Kern Count", Calif., unon which a under See 10 cents each; and Aug. 20, 3 cents. the cessation of dividends, the company said: of income and expense of this corporation for corporation this open have that the directors have author¬ presented shows that as a result of extraordinary produc¬ tion expenses incurred in the operating of wells of this corporation in the Coalinga Oil Field and as a result of large expenditures incurred by be ill anu . redemption price, together with interest,,tp,March 7, 1945, may be obtained upon presentation debentures0 to either of the two banks mentioned above.— p. 2067 i' . Immediate of Chicago, of Bank at St, V. and 112 V2 at or 1978, have been called for 1, due April National 111., outstanding the of All nated) Jan. 30 announced on statement has judgment against the FPC. The A. P. & L. suit was filed after FPC to 50-ton steel hopper cars to be built by and 500 50-ton steel box cars to be built by the Transportation Co.—V.. 161, p. 458. 1,000 1944 serve Kates'— Arkansas The of. March in suspension of dividends until such time as in their opinion the condition of the corporation justifies resuming such distri¬ to stockholders. Payments during 1944 were as follows: explaining In "The Corp.—Payment on Principal A payment of l'/2% of the principal amount of each 5V2% cumu¬ lative income debenture due March 1, 1955, with interest at the rate of 51/2 % per annum on said payment from March 1, 1935, to March 1, 1945, will be made on March 1, 1945. Said principal and interest will be paid by check to holders of debentures, fully registered both as to principal and interest and stamped by President and directors of the Manhattan Co., the trustee under the indenture and supplemental ••indenture, over Feb. 20 and May 20, . year A-NY & B-NY of list on the snares shortly after the registration a period of seven days. • The be made to Co.. company financial 161, p. 562. «1944.—V. prospective instalments a Bandini Petroleum Co.—dividend Action Suspended— of output the Steel General American the electric properties of this company for the 1945, totaled 85,672,000 kwh., an increase of 0.80% 84,997,700 kwh. for the corresponding week of of output Power 100 to being issued to finance not exceeding 80% Mallet locomotives to be built by The Baldwin are five of Works; Bethlehem ized the .over cost net Locomotive Inc.—-Output- Electric Co., American Water Works & ■week ended Feb. 3, will each, on March 1, 1946, and the first day thereafter, to and including March 1, 1960. certificates the of the cor¬ tenders.—V. 160, p. 2641. •of all each will be made tendered, acceptance proposed issue of on filature in 15 equal "annual sent been have certificates The $305,000 . tendered, purchases are than 6,900 shares are less If with basis, rata pro first. of will be made on tenders of 25 shares or less being accepted 6,900 shares than more invitations The bidders. * The stock request for. bids a Commission. Commerce Offers to Buy Stock— lor issued, trust certificates, series N, to be issued under a agreement and lease of railroad equipment (Philadelphia dated March 1, 1945, subject to the approval of the Interstate proposed V ' " has company is offering - also paid an extra $4,575,000. equipment (10 cents par), offered pro* to the public at $2 per share. underwriters are Kobbe, uearhart, Inc., and Bend & Goodwin, Inc., of New York City Of the shares registered, 2C0.000 are to be reserved and issued when, as and if certain outstanding options granted by the con pany are exercised, and 200,00 additional shares' are reserved to be- issued when, as and if certain stock option warrants to be granted by the corporation to underwriters are exercised. The purpose ol the issue is to provide the corporation with suf¬ ficient working capital to develop and manuiacture Bendix helicopters and provide laciiities and working capital to accept orders. The coipoiatmn plans eventually to expand laciiities, presently leased at Hadley Airport, New Brunswick, N. J., to provide a pilot plant and experimental research laboratory with adequate facilities for constuictmn 01 full size production models of the Bendix helicopter. The cost of completely equipping such a pilot plant will be approximately $iOO,U00. it is also estimated that $100.000-will be used lor the production of a full size production model Bendix helicopter, " In addition, the company will continue general engineering" and development work, including expansion of its patent structure and the preparation of proposals and solicitations of orders for Bendix helicopters in both domestic and toreign ue.ds.—V. 159, p. 2515. RR.—-Requests Bids on Equipment Ohio & The held. Tlie Trust Certificates— $8 fust 1,000.000 are to be registered, to holders of the corporation's outstanding stock lour additional shares 01 capital stock lor each live piLe tv. the stockholders io to be al.60 a Unsubscribed shares are to he offered dividend a 15, last, the company share.—V. 161, p. 563. cents per Baltimore $12,693; $394,639; treasury £>r$496,ll3; total, $5,237,571; earned surplus, preferred stock, at cost), $829,301; capital surplus, stock (4,072 shares first " 25 basis. shares 1,400,000 portionately Rate Increased— 1944, and on Dec. during dividend of $6 preference shares, no par), $4,648,700; par), $235,207; common stock (46,487 stock preferred «tock first preferred on taxes (other than income), expenses, etc., norma! income tax and surtax, $9,000, reserve for for Federal $42,615; declared recently directors r1" jt <■»" ^ has registered with the, SEC 1,400,000 shares of (par 50 cents). The financing is to provide workingproduction of 400 complete Bendix helicopters per month. The registration statement indicates the business of the company ' mudaimmtany ■.>will be tne mauwtacture of bendix helicopters,, largely of 37.Vi' cents per share on the common stock, par $25, payable March 15 to holders of record Feb. 21. Distributions of 25 cents per share were made in each quar¬ The , , Shares Capital Inc. — Registers for 106. p. r I ^ stock capital now Atlantic Refining Co.—Dividend i t company capital ue^oims $94,251 $359,507 on the first preferred ' * 1 , SEC— . railway from Net '• ' ^ vfi Helicopter; Bendix 1941 $232,286 16,533 1942 $423,791, 197,871 35,517 income..— '\ ' V, Y.—V. 160, Broad St., New York, N. trustee, 30 successor . >%/ i The railway5,711,683 oper. From Jan. 1— Gross D) 338,385 and 100 Trust Realty Corp., a subsidiary, announces that it will redeem next, all of the outstanding Ludwig Baumann & Co. 1. City, N. Y.i 1st mtge. 6'/a% serial bonds (modified) int.. Payment will be made at The Continental Bank & iL. common 1943 $459,566 114,434 1944 $480,894 157,002 December— 15, N. Y.—Calls Co., Brooklyn, & ; : With Net 21,935 21,129 36.231 Feb. at $6.50 Atlanta & West Point RR.—Earnings— 32,960 27,152 40,597 37,020 9.000 10,019 Cr290,256 The Elbeco $6.50 stock, and common purchase warrants attached to AGE 8s of- 1940.—V. 161, p. 563. Also class A stock, class B stock, ' Warenouse Preferred decision: the 615 * expenses-^ lor Prov. $539,083 20,000 $305,266 and rights, legal exp., etc. other $427,257 $392,884 stock $284,652 20,000 stocks and transier of All 619 5,987 • - issue in Expenses $518,463 1,348 1,115 sees. bonds .Interest on corp. series. 1941 1942 $419,922 $391,769 _ Gov. S. 1943 by stocks, original series, $5 dividend series, $5.50 series, $6 series, series, $7 series. ' <■ Preference stocks, $4 series, $5 series, $5.50 series, $6 series, Ended Dec. 31 1944 ■ affected are on 4 • securities following The ■ Account. Years Income to law., tax by purchase as suitable opportunities present *. advised management intends to continue the acquisition, exchange, of additional shares of first preferred stock The Bonds— ruled has Baumann (Ludwig) Tucker, Anthony & Co., New York Stock Exchange members, the securities became worthless last Aug. 25. Holders were treat the (Stock the same as if It was sold at no value 31, last, subject to the short- and long-term provisions of the ceived by purchased fox Edison Philadelphia shares, made up of 7,225 shares chares received in exchange for Consolidated New York, Inc., American Gas & Electric Co., and ' Monday, February: 12,. 1945 COMMERCIAL & FINANCIAL CHRONICLE THE <666 6,154,465-2,322,706 1,178,484 > y 1043 $559,596 191,669 1942 1941 $403,089 127.875 75,519 . $468,831 222,257 176,330 134,344 ' •/'" • "... 6.467,429 5,133,375 2,798,986. ,v,2,110,547,v 2,168,500- 1,577,310 , ' >■' 3.7<13,f434 1,161,825 b'a>,i9b -. Volume Number 161 THE COMMERCIAL & FINANCIAL CHRONICLE 4359 667 / " Gross from Wet ry. 1 The. $123,757 *15,'536 $95,969 $101,415 $144,918 railway.—-. *75,754 *36,358 *12,838 income—_ *71,329 *119,236 *72,471 *47,883 1,318,990 *562,019 1,415,503 1,400,699 *268,590 *116,670 *1,021,061 *671,124 *468,216 from Net railway oper. from Net from Net ry. 1,516,354 *513,134 *1,029,904 railway- railway— income.. oper. 'Deficit.—V. 161. in from from Net Earnings- ry. 1944 Gross $8,412,000 Shares of Net Earnings * * ry. 240,000 $2.50 $2.51 $0.76 $0.63 provision and taxes this Operating General tanks Federal JFed. taxes—[ '■■■ '■ k,''- ■ action in $185,863 $2,045,949 636,235 $1,409,714 $1,441,186 * 41,802 41,802 501,607 501,606 $81,301 $90,959 $908,107 161, the for hundred production initial a 2,000 sets. will be engaged in fighting fronts three-shift basis, sale of Mr. City Light. & City Traction —V. Service 'will Public Light owned stock by The directors on Feb. sale, of Jacobson Sedalia, of Co. $1,257,000 pay Cities by $1,200,000 open the lowest to Mo., record Feb. 20. 'of the of effect The arrears the on and Dec. 15, $2. dividend current stock preferred will $4 to per Would Alter Plan— V the March 15, $1.50; Payments in 1944 were as follows: 15, $2; Sept. 15, $3; June be to for' the Service. bonds The and of • , close of 1955, of will serial The business Feb. Manufacturers of • <$40 The of in of number votes the company's common stock. its reason for the-proposed represented by Central desire Illinois gave the reduce to shares standing of as of number voles stock.—V. common now from Net p. the by ry. a ry. —V. order-to meet Commission' a for bonds. Re¬ the of 1,331.358 Total 1943 $4,754,1:66 $4,897,009 1,374,998 60,796,386 62,974,869 16,813,780 57,446,744 18,136,202 5,190,600 9,321,852 market The directors each •—V. 6 declared As a this a regular quarterly and quarterly an extra 6% further step dividend of in 10% in a the 17 shares of common stock, plus $5 in cash. will expire on Feb. 28, 1945, at 3 p. m. of $829 t$5,516 ■ in 1944, f$l,985 $827 in 1943, Coca-Cola 160, Co. . class to call for convertible tax notes, series C, shares, (1,412,922 redemption preferred at $110 ' > - stocks 16. June 3, 160, B Feb. record March par, no stock May 10 by lot of'"record Feb. 28, on stock plus accrued dividends ~ • > ' 1 of 96 cents 'Jr w . 2 dividend of 40 cents a of $2.50 1944, Sept. and In 1, par the from. Feb. 6 filed Dec. 1945, fund an 1944' ' Substantial progress has been made r Commercial and Financial Holding Corp. to 40 per share each; cents and Dec, permission on 60 8, offer, Houston, Oil of party a Electric & on the corporation's will •*' * • to proceedings in recapitalization voting securities—V. 'V- * ,*■' "" 161, 205. p. * : • Upon presentation on after or Feb. 15, 1945, of the an issued Bank, Chicago, of tribution Payments share; and or, 111.; 20.6858 of said in under cents weekly this 15, 390,298 1944, kilowatt corporation territory served as an declaration and of trust for compared increase of as Share follows; due On as a dis¬ semi-annual Feb. 15, 25.221 cents 16.686 cents per share.—V. 160, p, 622. • Southern Corp.—Weekly hour output adjusted the Trust per Shares. were Commonwealth & The of agreement at the Fidelity-Philadelphia Trust Co., trustee, at the option of the holder, at the First National the bearers of said coupons Will be paid the Trust 1944 Aug. on the 1929, 25, Philadelphia, Fa., •amount t as follows: organized in to the 1922 as Corp. — Revolutionary Announces the to week with of show ended or- general Feb. 254,805,006 14,585,292 electric for 1. energy business 1945, the 5.727c .—V. of to use device sparking and Corning, N. Y.—Pension Plan Works, 5,000 employees of this totaling 50,000 years, than pension plan to Crosley Corp.-^-Agreement with Canadian Firm— completed by this corporation and Morl'ats, for production in Canada by Moffats and for their distribution in Canada according to J. W. DeL.ind Jr., director of exports for Arrangements are being of Weston, One., Canada, Crosley peace-time products the war, Crosley Corp. Moffats V. 161, is p. , a large manufacturer 108. of and gas . • . electric ranges.—• , to of 269,- week 565. America—Renegotiation— Crucible Steel Co. of A has decision been by reached Government authorities that $62,- the profits of this company in 1943 were subject to rene¬ In accordance with this ruling, the company has paid to the Government $2,474,715. This is the difference between the profits to be eliminated and the credit for Federal excess profits taxes ap¬ of gotiation. plicable to $10,314,731 as determined by Internal Revenue Bureau. As a result there has been a reduction in gross sales, less discbunts, returns and allowances and also in sales prices under war contracts of Another result was a cut of $976,139 in the post-war re¬ and a reduction of $171,837 in Pennsyl¬ taxes. The provision for contingencies also was from the Government ceivable vania State income reduced by $3,416,486. Net income for 1943 p. V • was not 2541. affected by the in * settlement.—V. ■■ ^ 160, •%;;;%• ■; Dayton Rubber Mfg. Co.—Registrar— The Chase National Bank of the City of appointed registrar of'the class A preference common stock of $1 Par.—V. common stock of $1 par.—Vi 161. P. 206. 161, p. 206. subsidiaries conditions amounted p. per Output— corresponding 161, discovery engine operator already unusual $12,789,446. then coupons payable appertaining to the certificates for Trust Shares (of Standard March " adds further was electrical • Group) Texas. .Co. enable any 789,446 United Combined Trust Shares (Phila.)—Distribution— Oil par value. Under the the .close of business on until have and deliver their shares to the Union National integration Corp. Columbia's ^■ dated will they and entirely hew startling Ltd., at the request of the company. The 1944, under Section 11 (E) of the Public Act is to enable the company and certain become to 19.6% owns the corporation, with accumulated will automatically participate provide retirement income at age 65, it was announced on Feb. 7 by Glen W. Cole, President, who emphasized that the entire cost of the plan would be borne by the company. Tfhe plan was made effective as of Jan. 1, 1944. More than, half of the group covered by the new program have been associated with the company for ten years or more. The company has nine plants in four States at the present time. Mr. Cole added: "We fully expect to continue the pension plan. However, we can assume no contractual obligation to do so, and reserve the right to amend, change or terminate it at any time if circum¬ stances require. If developments do force a change, the employees' interests will be protected because there will be no reduction in beneiits accrued, and all funds available will be used exclusively for participants in accordance with the terms of the plan," ■ • ' The plan will be administered by the following Pension Committee, appointed by the board of directors: Harry M. Hosier, Vice-President, who was named Chairman; William C. Decker, Vice-President; J. N. Reilly, Manager, Technical Products Division, Eugene W. Ritter, VicePresident, and John L. Ward, Treasurer,—V, 160, p. 1398. 1, comply with Section 1KB) of the Act. Exchange Commission on Feb. 6 granted and :of Columbia-'Gas United Navarro Adopted-— 20, Company Securities V"'- March to subsidiaries The of stockholders the to in; the Diesel engine field either gas or oil as luel which will cut fuel con¬ sumption of g&s engines by from 20% to 25% was revealed at Mount Vernon, Ohio, on Feb. 2, by Ralph L. Boyer, Chief Engineer. In an interview, Mr. Boyer said" that the new discovery is the result of experimentation which began in 1928. Recently efforts have been rewarded by the successful operation of a natural gas engine on the Diesel principle. This enabled, the unit to operate on a wide variety of fuels, including fuel oil, natural gas, manufactured and coke oven gases, sewage gas and refinery by-products.—V. 160, p. 1860. of The SEC has postponed the hearing its offer an 308. after Utility making Cooper-Bessemer value, payable March 2 following .payments were Columbia Gas & Electric Corp..—Hearing Postponed— United Corp. to Become Party in Plan—. of is , 1944, 2293. p. was brokers from , in 2540, p. Feb. 7 declared on and purchased be Farish-Watts-Collins Co.; and its name was changed present titled in 1925. S, P. Farish is President of the company, y Its producing properties are 'located principally in the Gulf Coast area and in East Texas, and comprise 65 leases on which 207 producing wells are located. In addition the company holds royalty interests on 22,336 acres and has a total of 55,725 acres of undeveloped leases in Texas, Louisiana, Illinois, Kansas, Arkansas, Mississippi and Oklahoma. The current; daily net production is approximately 6,000 barrels, of which approxi¬ mately 1,160 barrels is represented by royalty interest:oil."—V. 161, More , 161, p. 308, of to are bonds, exclusive of brokerage fees.—V. 161, pp. 460, 308, announcement service • suvtax, outstanding A which 7,559,477 stock (176,624 shares, no par), $3,532,480; shares, no par), $875,340; reserve for Federal $370,685; surplus at Dec. 31, 1943, $8,727; (87,534 and which . Delaware & Hudson Co.—To Pay v j New York has been stock of $35 par and $1 Dividend— declared a dividend of $1 per shai'e on the common stock, payable March 20 to holders of record Feb. 26. This is the first payment since Dec. 20, 1932, when $1.50 was paid, —v. 161, p. 565. :, ;' % % v The directors Chronicle on Jan. 31 (Reg. U. S. Patent Office) William B/Dana Company, Publishers, 25 Park Place New York 7 N Y REctor 2-9570. Herbert D. Selbert, Editoi and Publisher;President; 'William D. Rlggs, Business Manager. twice a and issue) with a statistical issue on Monday], Other Chicago 3, 111. (Telephone: State 0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1945 by William B. Dana Company. Reentered as secondclass matter February 25, 1942, at the post office at New lork, N. Y., under the Act of March 3, 1879. Subscriptions in United States and Possessions, $26.00 per year; ^.Dominion ot ^Canada, JP®f year; South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe NOTE: On account of the flucto* (except Spain)V'Asia, Australia and Africa, $31.00 per year. ations In the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds. : ' William offices: , of plan than 50% of the prior preference stock outstanding on July T, has been exchanged and retired as the result of acceptances of prior offers of exchange made by the company during the The . 1944, 31, plan in 1944, and is being made iff 1945, as noted, in reducing both the funded debt and the interest •charges thereon. The working capital of the company has been materially increased. The retirement of a substantial number of prior preference shares has strengthened the company's capital struc¬ ture. With the full cooperation of the prior preference stockholders and their prompt action in depositing and exchanging their shares, the way will be open, with a continuation of present earnings, for the payment of dividends on the common stock. The Commissioner of Internal Revenue on Sept. 25, 1944, rendered an opinion that, except as to the $5 per share in cash received by . Dec. "offer Dec. 29. 1944, redeemed $1,700,000 principal amount debentures and has called for redemption, on additional $1,000,000 of debentures, which will the amount of its funded debt outstanding to $4,000,000. sinking 3>ear ~ $1,249 * tax Sheet, Dec. 31. 1914 $213,412; U. S. Treasury Bankers This (EWT). More two - $7,561,462 ; The company on 1944, class Consolidated, Corning" Glass stock cents.—V. the simplification of the corporate structure of 6% preference stock exchanged will be made on or after March 1, -1945, toy Bankers Trust Co. All shares of "prior preference stock exchanged •will be retired. :reduce 5,931,740 ■ and Deposits.will be revocable at any time up to 3 p. m. (EWT) ton Feb. 28, 1945. Delivery of the common stock for prior preference -stock deposited, plus the cash payment of $5 per share on the prior V 17,998 • $5,937,256 $924 common the of made: •exchange. 1, : » 5,848,817 369,313 . .13,298 5,808,318 bank, holders to letter Trust Co., 16 Wall St., New York, N. Y., will issue negotiable deposit receipts, evidencing deposit of prior preference stock received for 5 Va % 279,799 "■ $5,347,568 — The directors _ "March , $5,807,394 fv' stockholders and, for each share of prior preference stock for exchange, the depositing prior preference stockholder receive 374,076 ;10,682, . 11 The directors have voted of toward the elimination of dividend arrearages on cumulative prior preference stock, the directors authorized a further "offer of exchange" to the prior have •deposited •of 371.514 Columbia Broadcasting System, Inc.—40-Cent Div.— Lizars, Chairman of the board, on Feb. 5, cumulative prior preference stockholders, said: ijof exchange" < $7,948,773 per share.—V. A G. preference will $6,330,353 1944. 1938. company now 884 $6,232,327 amounting to 3,576 .shares, outstanding the $7,947,889 199 cents 1. 160, pp. 2180 and 2068. the $6,330,154 598 10 Mar. were Rawson to $6,231,729 . Collins & Aikm&n Corp.—Calls 10% of Preferred Stk. Certain-teed Products Corp.—Offer of Exchange— . 1941 paid on Dec. 15, last, as against 10 cents on Sept. 15, the first payments on this issue since Feb. 15, were These Feb. on record of without 1942 1,048 in tax Dana 135 S Seibert, La Salle St., be or from holders thereof, but without solicitation, price obtainable but not to exceed the principal amount 1945 to assign 1, which 1943 $6,188,548 Co. total, $4,787,232.—V. share on the common stock, no par value, payable Mar. 15 of holders to Corp.—Earnings— 1944 . deficit stock A income to Company's bonds. consisting of 348,919 shares without of The 5,390,038 — value necessary, retirement Engine Discovery— Liabilities—Common class 10,984,858 Century Ribbon Mills, Inc.—Increases Quarterly Payt. 35 cents per 5,832,619 $192,166,912), $3,532,480; class A of Coca-Cola Co. (175,068 shares, no par, market value Dec. 31, $10,985,517), $875,340; total, $4,787,232. 5,088,050 — stock *p. 1Q.-688 paid $166,000; 43,357,579 13,963,536 - railway - ' 5,232,725 including Delaware franchise and $825 in 1942 and 1941. 664,130 383,913 income. railway- from 6,094,811 1 income extent by Consolidated above-mentioned 6.507,822 ' Balance, $3,666,895 280,196 Net ry. oper. income, 4,496,492 -Deficit.—V. 161, p. 308. from 7,200,642 v;.. Dividends 1941 1942 $4,763,877 928,428 Gross 6,594,941 J—__„ Net From Jan. 1— Net 463,066 $6,189,596 Expenses the described 11.136,236 • Balance *532,344 — railway™.— oper. 490,009 —_ Assets—Cash *473,766 ry. 1941 r 12,384,278 income— *Taxes common *756,308 Net 1942 12,796,775 ' -y v 1944 railway- from from 1943 . 108. Coca-Cola rec. ? • - December— Net ' 7,458,327 Other income " Gross of " : 14,244,001 . Central RR. of New Jersey—Earnings— • transfer agent 161, p.- 303. 611,555 Calendar Years— Divs. ; - Utilities the to bank loan of or time Houston, Texas, to purchase the stock held by them at share. The offer is conditidned on stockholders of Navarro selling, in the aggregate, not less than 80 % of the outstand¬ Co. A shares, all owned by Niagara Hudson Power Corp., will be reduced from $33,283,950 to $15,244,050 and the balance of $18,039,900 will be placed in a new "unearned surplus-special" account to be used for adjustment of book cost and plant depreciation.—V, 161, p. 107. value appointed 1 , The been $1,041,644 Coca-Cola International t. applied, be contemplated effectuation dis¬ and payment the to market "Navarro 640.054 railway, oper. will subsequent of ing "terms 7 $1,081,381 railway—,_ 161,- p. thereQf Cities company . Co. March out¬ to in requirement 6f the New York State Public Service the issuance of .$48,000,000 new general mortgage Feb. on 2399. p. $1,157,913—$1,178,993. 582,578 621,534 i 456,276 492,069 L income oper. from approved a proposal of the corporation reduce the stated value of its outstanding (no par) common stock SEC has value.—V. par 1944 railway^ railway—, from Net 2180. Central New York Power Corp.—$EC Approves duction in Value of Common— The 160, From Jan. 1— Gross Net transaction represented 160, from Net 50,000 both the number transaction will reduce from 260,343 to outstanding shares of common stock and proposed $100 December— Gross into 50,000 shares lno parij without presently making any the stated capital or surplus of the company.. par), change -the shares authorized 350,000 of its common stock into 140,000 shares (no par), and to the 260,343 issued and outstanding shares of common stock change 1945,-e-V. Clinchfield RR.—Earningsthe change to proposes company $40) the Southern Cities 5% bonds, series A, the Continental Oil Co.—Makes Offer for Navarro Stock— This Oil articles its to incorporation. The <4par 1, Trust -Co. '.the common -stock of amendments for $46.50 per payment of IVz'/c on the 3% income notes being paid on Feb. 2 to holders of record as of was Middle West Corp.; filed Feb. 1 a dec¬ proposed of trust used be notes. •- - Clinchfield: Coal Corp.—Transfer Agent— ' The company, a subsidiary of laration with the SEC covering collateral will consummated a to it consummated Terry electricity amounted to $181,500,000 kwh., compared with 207,600,000 for the corresponding' week of last year, a decrease of 1-2.6%.—• 161, p. 565. Bank share. L. kwh. V. shares of be fi¬ 10,000 purchase $620,009 dividend the reduce 1, thereafter and trustee J. retirement proposed sale to Consolidated Edison Co. of New York, Inc.—Output— the Citizens Utilities Co.—Interest Payment— Dec. sale The company on Feb. 7 announced that System output of electricity (electricity generated and purchased) for the week ended Feb. 4, 1945, amounting to 195,200,000 kwh.; compared with 213,800,000 kwh. for the corresponding week of 1944, a decrease of 8.7%. Local distribution , 161, p. 308. due of the insure The semi-annual interest payable March 15 to holders of the in Southern at will operate said.—V, 160, 4 dividend of $4 per share, on the declared a 6 cumulative preferred stock, par $100, 6% is discharge in Oil Central Illinois Public Service Co.—$4 Dividend— sale assist bonds trust Missouri Public Service Corp. by Cities Service Power & Light, parent ;of City Light, has been approved -by"the Missouri Public Service Com^ mission. nanced the the with . said the- department a of proceeds and by owned Florida, of Any remaining balof the proceeds will be used to effect the retirement of collateral :ance 2,000 and to investors. securities the sale that'the proceeds the to the of of this of follows: as time the of the said work, the the on of the the pay made present production, schedules total of approximately 350,000 persons to daily the the to beginning announced recently. converting thousands that Company's first lien and If above, products of war plant Cities Service Power & Light Co.—Sale of Unit— The 107. p. for meet required to produce pieces Missouri Balance -V. be To ? the to ordnance proceeds 1958, (b) 2755. p. $939,579 stock- added be (Ind.t institutional four of consisting charge of the Southern Cities Utilities Company!s bonds; ' 655,292 $132,761 assemblies, deliveries hours 22 will Evansville plant in the. the Several France, Evansville • Jacobson, General Manager, and technicians are already feet of •quick $2,036,478 53,103 $123,103 - pfd. on 857,600 in designed by engineers in Detroit, Mich., to improved notation in General Sherman Ordnance L. C. separate 1,217,700 53.074 '■ income Net 859,600 Army Co. pledged with the Continental Illinois National Bank Chicago, trustee, under the indenture securing the bonds of Consolidated. Consolidated proposes to de¬ the event to Utilities due of them In (a) prior additional traction and now workers-will 1,176,254 1,240,800 291,489] and 15. sets 1,536,000 1,434,602 $176,177 other deductions & Divs. 282,023 proft taxesj income Gross Int. 1,542,000 I ] income excess 17,616,382 by represented trust the posit Utilities are Co. Trust hvithdraw 108. Chrysler-operated square 1944- -12 Mos.—1943 128,000 128,500 96,962,499 27,857,442 production of steel overshoes for-tank treads, Feb. $1,110,730 $12,372,454 $11,611,534 4,727,502 5,249,504 505,378 605,570 expenses taxes 190,401,106 176,644,686 137,067,138 52,477,894 74,923,371 71,669,580 26,079,690 36,557,111 36,794,983 income— Engineers 1944—Month—1943"? peprec. & amort- & collateral the Central Illinois Light Co.—Earnings— $1,192,270 1,383,989 railway corporation provide renegotiation ? for contingencies.—V. 160, p, 2539. Period End. Dec. 31— 2,860,827 *836,035 further is It hearing Feb. 14 on Princeton, N. J., all a of Public owned Consolidated, 549,259 p. Terry are 2,280,172 railway mass L, Florida which of 1941" 1942 1943 hold Consolidated proposal, to Consolidated's invest¬ of 71,550 shares of common stock (par $10) (the total of such securities presently out¬ standing) for a base consideration of $1,178,000. It is represented that the remaining outstanding securities of Florida consist solely of $1,.320,000 first mortgage bonds, 4% sinking fund series, due 1962, ali J. $8,595,768 income. oper. The v $602,191 240,000 240,000 Federal but- Chrysler Corp.—Adds to War Products— $601,267 $182,985 240,000 charges, stock remaining preference 1944 *Deficiti—V.. 161, 1944—12 Mos.—1943 $151,387 share— per all After and prior will SEC in ment ; > 1944—3 Mos.—1943 stk com. from from - *Net " profit— 17 $15,603,989 $14,789,93 7 313,833,545 4,970,323 6,301,918 2,324,106 railway- railway oper. Net 161, p. 564. Period End. Dec. 31— of Consolidated Electric & Gas Co.—To Sell Florida Unit The ?sell- to From Jan. 1— "1 10 Days Ended Jan. 31— 1945 Traffic' earnings; ;—$9,225,000 (A. M.) Castle & Co.—Earnings— of excess "offer of exchange" of shares of common'stock plus subsequent any Chicago Rock Island & Pacific Ry.—Earnings— Net —V. in share December— Gross Canadian Pacific Railway—Traffic cash each for tax purposes. losses for Federal income or will'not make and stock cash gains standing.—-V, 161, p. 564. 107. p. taxable no company common $5 From Jan. 1— Gross in results 1941 1942 1943 1944 of exchange exchanging prior preference stockholders, the transaction Canadian Pacific Lines in Vermont—EarningsDecember— Published WS^'&u^dSy^(general^^news ua * adveVtisii?g wuwr»; Balance Sheet, Consolidated Unconstitutional- Co.—Tax Held Detroit Edison Feb.^ 6 authorize Michigan collect made excess-profits taxes.—V. Federal ——-—r————$8,805,774 —-—. . 231,150 at¬ but pay 161, p. 5. The Deferred the warrants. stock will be offered at $7 a share. The proceeds be added to working capital. , . _ Warrant holders offering either warrants or common stock are The common 161, will charges ; — Van of Portion $3,599,531 771,540 2,752,275 2,172,990 $2,951,954 936,226 1941 $7,769,368 2,556,256 $5,772,521 2,225,541 production maint. exps.- Oper. and 1942 $6,579,536 1944 $5,177,495 calendar Years— Bullion Accrued Fed., State & Canadian taxes on income (net) Long-term debt ■ ft Common stock ; _ — profit— oper. revenue $4,791,623 109,442 36,736 $3,045,622 $3,342,832 $1.56 $1.72 $3,846,421 $1!,98 Provincial and inc. taxes 1,177,246 write-off. 54,740 $2,821,088 $1.45 expl. for year— per share—— Net profit Earnings 111,467 —V. 181, P. Dec., Jan" Hi® or are about to be added, to Inc.—Van der Dresser)—are not included. Renegotiation In the 1943 financial statements a provision of $700,000 was made for renegotiation refund applicable to that year's business. As a result of renegotiation proceedings conducted with a regional Price Adjust¬ ment Section, a tentative settlement was arrived at, subject to final 'approval by the Government's War Contracts Price Adjustment Board at Washington, which would result in a net refund of approximately V ' than the original $700,000 earnings for this purpose, Provision for $50,000 more made by a charge against 1944 earnings. board at Washington has not approved been Last-minute indications are that indeterminate at this point, will be required sion on auditors, upon proceedings on 1943 business. our renegotiation experience the of Based provision a made lor renegotiation Capital Structure Changes in number authorized Oct. 16. 1944, Dresser shareholders voted to increase the authorized common shares to 600,000 from the 350,000 and issued shares that were outstanding en that daceY-^*# Of the new authorized shares 103,00G were issued tq-purchase the assets and business of the former International-Stacey, companies On •' V'1 .7 '! • three the new . Oct. shares having a Net sales prof. General fr. Profit from ! '•. '■ ■ j tFed., $59,482; income' Canad. & _ $8,808,961, Prov. value of assets $6,540,237 . 800,000.r;e,v.7p0,000 ■ •;, ■ , , Interest dividends—*— $1,656,359 670,000 $1,851,143 586,250 $1,602,702 *418,750 Net 335,000 $986,359 shrs. Earnings outstanding- per $1,264,893 $1,839,952 335,000 335,000 335,000 ■ $5.53 $4.73 share— ^♦Revised figures. $4.78 $3.01 tAfter post-war refund and credit for debt re¬ tirement. Note—Provision $823,389 in 1941. in 1944, for amortization amounted to 1943, $528,635 in 1942, and $224,195 depreciation $724,214 in ' and ' — 8,331,195 11,181,616 tCr6,509 37,812 555,032 1,511,163 13,826 19,762 164,982 188,980 699,218 373,896 373,896 1,495,583 taxes on 5,000 40,000 67,600 1,532,012 1,033,891 6,062,806 9,016,518 capital stock tax applicable to the nine 1944—3 Mos.—1943 $761,462 $676,114 1944—12 Mos.—1943 $3,667,281 $2,891,953 4,858 22,968 13,826 19,762 *Cr6,509 37.812 164,982 183,980 373,896 699,218 1,495,583 555,032 1,511,163 5,000 40,000 67,60(1 6,477 3,491 ^ — for Federal income on Only (other than taxes Prov. months 1942. 30, .373,896 ; taxes 10,000 ——— . , Balance required to be reorganized by order 318; . $155,044,139; long-term debt—gold deben¬ due 2030, $29,178,000; contract payable (Arkansas Co.—subsidiary), $4,000,000; accounts payable, $20,595; accrued interest (incl. $1,479 for which cash is in special cash de¬ posits), $245,555; accrued taxes, $68,820; Power Securities Corp. col¬ lateral trust gold bonds called for redemption—including premium (cash in special cash deposits), $3,333; miscellaneous current liabili¬ $34,553; $175,885 $154,503 our 39,504 34,686 28,167 $187,223 1,567 $188,789 $195,815 1943. in $276 3 of gross refund required in applicable taxes on Income, had the $565,000 1944 appreciation, unrealized 2645. ~v. * • . the .■■■.? v of Ebasco Power & Light Power & Light Co. 1945, the System inputs of client oper¬ Services Inc., which are subsidiaries of Co., Electric Power & Light Corp. and as compared with the corresponding week National «Decrc^Y''.'i,: Note—The above ■ Other not include the and Excess *———- administrative expenses expense— i deductions profits —— (est.)— Y———-——-- income tax and surtax Normal Federal Less 37,089 tax 37,089 $24,991,447 $24,426,447 ;■ — products sold of Interest (est.)_ post-war refund of excess Net *As 1.1 : •• do - $24,954,358 $24,389,358 ; income—. — Selling % *3.4 *9.1 103,438,1,155 104,593 ^ figures Amount •6,132 ' *9,093 ; Co._„ PqweY& Total •—Increase— 1944 1945 175,359 181,491 Electric Power & Light Corp-.-*-;-,:. 90,090 ~\Y*99,,183 ^ Light Co § profits tax 21,838,403 595,617 21,838,403 595,617 21,901 '11,477 130,000 21,901 11,477 130,000 1,932,000 Crl93,200 1,480,000 Crl48,000 $655,248 $497,048 Kilowatt-Hours—— -v,..'. & ' Balance Miscellaneous ■ Operating Subsidiaries of— Power Less Cost v ' discounts and allowances— $25,789,358 $25,789,358 provision for renegotiation adjustment— 835,000 1,400,000 Sales, less returns, i'.i'o'\ 1, 1944 were as follows: American * Inc.—Weekly Input— ended Feb. week ' Y'"Y:.i.'. 'v ■ companies National during $10,127,978.—V,; 160, . Ebasco Services For $1,654,106; total, Y.'-.-Y as - -r ' :■/,.» . year, . /--i ^ :-Liabilities—Accounts payable for securities purchased, $9,235; ac¬ counts payable (misc.), .$pl?Y'qecrued tax liability, $844; capital stock ($1 par), $438,798; paid-ih surplus, $7,901,864; earned surplus, $122,£ : final settlement after .credit for effect of reducing the net profit; previously reported, by the amount of $158,200, or from $1.33 per share on the outstanding stock, to: approximately $1.01 per share for the year 1943, i ft "Our sales for 1944 increased approximately 35% over those for 1943. From preliminary figures, which are subject to audit and yearend adjustments, and figuring Government renegotiation on the same basis as that allowed for the year 1943, the net profit per share for 1944 on outstanding stock should substantially exceed the $1.01 for 1943." ; V ;Y V Y'.: Y-- >vV Statement of Profit and Loss for Year Ended Dec. 31, 1943 the for receivable, $32,096; interest ac¬ crued, $18,075; accounts receivable from securities sold, $16,497; accounts receivable (misc.), $14,626; marketable securities, $9,772,528; » However, provision In the gross amount of $835,000 was renegotiation in our profit and loss statement for the year 31, 1943, by a deduction from sales, and provision for taxes on income was made accordingly so that the additional Dec. Federal — dividends $274,155; which will be paid on or before cost for ended liability Incurred for the above years. Sheet, Dec. 31, Balance cash refund of $275,059, a net $385,083. y;'.. income tax been completed covering agreement has been con¬ the with of the gross refund of $1,400,000, after deducting the resulting reductions in Federal taxes on income for the year, was paid—: Note—No Federal total, 1945. 3, "The $526,093 and profits— $9,155,214; stated: renegotiation proceedings have now business for the year 1943, and an requires $166,783 29,032 $343,726 $4,026 after Feb. 30,865 $239,006 104,720 surplus, Government. The amount determined by the Adjustment Board as excessive profits was $1,400,000, which, credit for income and excess profits taxes paid on such amount, Price $197,648 $528,131 $2,038 — Lippard, President, on Jan, 31 R. war summated 43,144 $215,389 79,486. $273,691 earned Truck Co.—1943 Renegotiation Pro¬ Motor Federal "Our $194,206 $156,019; reserve, ceedings Completed— Ended Dec. 81 $323,748 204,383 profit series, 5% & Light $197,906,229.—V. 160, p. 2070. 1941 78,349 of Securities and Exchange Com¬ $30,218,881; unamortized debt discount and expense, $3,130,prepayments, $13,181; reacquired capital stock (973 shares of $7 preferred stock and 902 shares of common stock), $103,109; total, $197,906,229. mission, $339,700 $188,789 $195,815 527,942 293,423 196,242, 173,963 •Gains and losses on sales of securities are determined on a basis of favorable cost. $Includes Federal cpaital stock tax, $1,687 in 1944 and $3,750 in 1943, and Federal documentary tax of $342 in 1944 V advances—subsidiaries, etc., $148,demand, $14,337,146; special cash deposits, temporary cash investments—U. S. Government obligations, $1,044,000; dividends receivable—associate companies, $264,327; other current assets, $5,545; investment in subsidiary (not consolidated) Liabilities—Capital stock, 1942 $374,379 — and inc. Net inc. p. 30, Sept; 30, 1944 Sheet, Assets—Investment securities and 784,484; cash in banks—on tures, 50,631 Dividends and the nine months ended Sept. stock tax applicable to capital 1942. made Total Taxes — credit •Net eral $118,887 $164,141 $623,564 $1,502,183 after adjustment of $18,750,000 over-provision for Fed¬ income Power r $675,615 350,000 Surplus ———„ Y Total int., etc., deducts. book value of 1943 income ating $1,010 £1* 1944 —-Thousands of Con. 8,296 1,631,212 6,477 22,968 2,089,239 3,491 4,858 " 10,000 Expenses Net $296,030 income American profit 11,173,320 8,503 income) Other 31, 1944, was $10,117,286, equal to $23.05 shares then outstanding. This compares with on Dec. 31, 1943, equal to $20.19 on 323,911 •Prof, from sale of sees. ~ 125,814 for prepayments,. $3,420; total, $2,- $45,286; Expenses 1,088,110 i "Net" Common 8,322,692 161 income T. Total $2,098,725 . taxes taxes Fed. Balanced Fund—Asset Value Incr.— Income—Dividends : renegotiation ^ for refunds ■• 1943 1944 $2,072,641 26,084 2,942,419 Gross expenditures in maintenance Income Account, Years total, $10,127,978. "iUO'i.'J i r.8I,tu6;t $89,417 shares. , 6,352,602-_%420,366 $1,077 Dec. on of the 438,798 each net 1,691,220 State —— I. Sheldon of New York and Henry J. Wheelwright of Me., have been elected directors,; succeeding William Higgins Finks Milton, both of New York, who had resigned.—V. asset Net for Supply 2,352,031 $9,971,509;i$4^70,936 1,631,051 Income Statement of Company war 8,013,439 $4,734,317 Dr63,381 2,088,218 ——— Sept. ties, $3,763,861 ... , 3,021 taxes ended Albert 518; tax; provisions . 1.1 : . • , 11,173,320 *Full dividend requirements applicable to respective periods whether or unearned. tNet credit after adjustment of $18,750 over- long-term debt, $1,661,744; total current and $79,744; total deferred credits, $25,299; renewals, liabilities, Eaton & Howard \ '. ■ Gross (net) ■■ ■ . 8,322,692 earned 160, p. 2645. •*;•••• $7,086,348 $13,087,122 $13,524,012 3,948,445 3,299,167 $9,138,677 $10,224,845 Dr329,716 D/253,336 oper Other', income • oper. expense - - - 1,631,051 $5,236; Assets—Cash, Gross " income Benjamin it is antici¬ 21,710,339 328,252 2,086,218 —- Balance/surplus Eastern Corp.—New toward the closer integration 48,975,018 345,089 - (as above). Prov. for. Fed. $2^^0,472.—V. 160, p. 2070. company 41,908,286 goods sold 72,176 of income $158,916 66,398 3,102 $17,915 16,838 $558,470; reserve for uncol¬ contributions in aid of con¬ service credit reserve, $15,159; other reserves, $2,452; capital stock (par $1), $30,000; earned surplus, $217,445; capital surplus, $313,519; total, •Year End. Cost pf 3,768 (after deducting excess of net cost), average Liabilities—Total Year End. Year End. 10 Mos. End. Oct. 31. '44 Oct. 31, '43 Oct. 31, '42 Oct. 31. '&l Y $54,995,408 $62,499,030 $28,796,"687 $11,777,300 ! 18,087,968 6,596,396 Expenses Int. & other deductions 120,688 56,597 1,936 replacements and retirement reserve, lectible accounts, $17,157; reserve for Consolidated Income Account . k (at accrued shareholders also authorized changing the from shares without par value to paynvalue of $1 per share. '>• \ the of 14,440,446 5,772,665 to interests— equity Other 980,472. 1944. Dresser 16, shares $155,149 695 Consolidated Balance Sheet, Dec. 31, ; supplies $104,445. On $17,221 $11,505Y Assets—Capital assets operations. In October, 1940, when the present Pacific Pumps, Inc., was acquired by Dresser, Pacific owned 50.2% of all the capital stock of Mid-Continent Pump Supply Co. of Tulsa, Okla., a distributor and servicer of oil well pumps. On Nov. 1, 1943, Pacific acquired the remaining 49.8% minority interest in Mid-Continent, its name was changed to "Pacific Pumps, Inc., Mid-Continent Division,"' and it became a wholly-owned subsidiary of Pacific Pumps, Inc., with its accounts included in Dresser 1944 consolidated financial statements. This Pacific unit is relatively small, its net worth at Oct. 31, 1944, cbmmon 3,218,699 1,515,472 81,291 public— corporation in income of Federal presently owned subsidiaries as of March 1, 1934^' over amount at wl)ich securities thereof are carried on books of company, $1,345,938), $2,447,162; special funds, $99,579; cash, $295,731; temporary cash investments, $41,050; accounts receivable, $48,243; materials and of our being taxes of co— extraordinary (a) 78,209 may be required for the acquisition for which negotiations are now in Co., Payne Furnace & 37,043 13,160 $30,730 16,123 3,102 —«; companies progress—Day & Night Manufacturing Co., Inc., and Kobe, Inc. Another step was taken during 1944 1,439,762 3,607,271 — to shown. authorized and of $801,266 146,612 253,001 67,283 33,199 69,700 17,670 profits tax returns of the qpmpany and its subsidiaries for said years showed no tax liability. The oper¬ ating loss carryover resulting from the aforementioned causes have reduced the accrual for such taxes for the year 1944 to the amount issued shares pated that a maximum of 21,454 209,462 applicable Total solidated Federal income and excess Bangor, ' 1"V, deductions- surplus to •Due and Thus, as of Jan. 5, 1945, there are outstanding 453,000 of Dresser common capital stock. Of the remaining 147,000 authorized but unissued shares, 12,051,246 divs. Other repairing the damage caused by a severe sleet storm and (b) loss on the sale of properties of Northwest Carolina Utilities, Inc., the con¬ 1, existence 12,909,510 432,787 from Period End. Sept. 30— Blower Nov. on 2,751,976 Net equity Net 1944 1,870 . — Income— Balance, 1944—International Derrick & Equipment Co.. Corp., and Stacey Bros. Gas Construction Co. With their acquisition, these companies became direct subsidiaries of Dresser Industries, Inc., with no change in their names, products or accepted trademarks. Their old parent, International-Stacey Corp., is being dissolved, since there is no reason for its continued corporate acquired 2,633,420 — and reserve minority ;• 12 Mos., $28,860 subs. — for Fed. inc. ♦Prov. , Roots-Connersville 30,139,214 to Portion replacements income taxes than income struction, of 27,371,410 Balance 37,168 14,451 1,936 — income Gross , by our to date, as verified $750,000 has been of 1944 business. . - 5,970,675 to public, deductions •Pfd. 37,623 64,757 15,842 — retirements— Total even an 6,450,153 provision for Federal this $750,000 total larger amount, to effect a final conclu¬ The revenues renewals, for Other provided for out of 1943 such additional refund has refund. 29,706,427 franchise (& Subs.)—Earnings— 1944—3 Mos.—1943 $200,637 $187,993 * Operating income— report apply only to the affiliate, 50% owned by of America (an 26,781,608 589,802 subs.—consol. Prov. for Fed. income taxes of and Dresser Manufacturing Co., Ltd. another member of Dresser Industries, of Prov. Taxes other covered by the 1943 sheet and inc., and companies for the year ended Oct. 31, 1944, with comparisons to the previous vear: Dresser Manufacturing Division; The Bryant Heater Co., Clark Bros. Co., Inc.; Pacific Pumps, Inc.; Bovaird & Seyfang Manu¬ Accounts 5,943,509 27,166 (net)—. income etc., 566. expenses Maintenance and operations of the same Dresser companies as those annual report. In other words, the consolidated balance statement of profit and loss and surplus of Dresser Industries, for 1944 cover the operations of the following member division Horst Corp. 161, p. power Operating ,. , , operating Purchased & Equipment Co.; Construction C0; Co., Supply Co., Inc. 6,416,549 33,604 income—. interest Net for reserves East Coast Public Service Co. $461,875 the Dresser Industries group,^ this annual 29,706,427 Elee. Pr. & Lt. Corp.: Nov. 1, 1944—International Derrick Roots-Connersville Blower Corp., and Stacey Bros. Gas To be acquired in March, 1945—Day & Night Manufacturing Kobe, Inc., and Payne Furnace & The financial results given in 27,096,608 315,000 revs._ of plants income Gross 854,260 Y ftSAcquired facturing Co., 1943.—V. in Total been added, 20,844,806 (22,603,949 5,943,509 Operating amortization of $762,928 in flAfter amount applied against estimated pliability for Federal taxes on income. ••Arising from engineering changes in and cancellation of war contracts. ttRepresented by ;350,000 shares of $1 par value in 1944 and 335,000 shares of no par Inc.—Annual Report— issued six new members have annual report for 194.3 was 5,201,732 6,502,799 86,250 operating Other in 1944 and $190,981 in 1943. 1 After contracts of $188,098 in 1944 and $762,143 in for depreciation of $4,603,164 in 1944 and Period Ended Dec. 31— Industries, Dresser Since the 4,973,282 $204,509 on reserves $4,277,280 in 1943. SAfter 1944 and $481,444 in 1943. Jan., 1944 1944 $402,354 $415,227 (value of)— output 309. bullion of payments tAfter 1943. "value Month of— Gold 1,237,000 approps._ Rent for lease 5,478,573 — reserves advance 108,699 Production— Value of Net $28,639,274 $25,468,181 •After 1,762,498 31,823 $4,371,071 928,399 Outside surplus 2,910,041 res. Transfers $5,749,441 1,305,343 34,006 $3,888,180 83,954 deprec for Earned / Total Total Reserve $5,017,093 732,348 $4,023,280 768,343 3,438,981 of taxes retirement & • 2,120,024 300,000 350,000 —" 4,405,856 6,485,339 Capital surplus Net Non-oper. ' 2,085,441 — taxes taxes Property 321,458 609,366 2,400,245 450,000 3,350,000 320,295 674,693 33,400,571 12,193,027 — Charge in lieu 235,981 466,395 taxes, interest, royalties, etc. salaries, wages, and commissions Accrued Ltd.—Earnings- Other 1944—12 Mos.—1943 $ $ • 31,720,249 137,015,338 134,276,768 11,432,272 ,48,486,283 45,521,073 1,653,698 7,817,793 6,434,888 4,622,001 19,740,706 17,551,282 2,867,037 11,732,142 12,459,149 1,297,000 $ $ Operation Federal Subs.)—Earnings— 19.44—3 Mos.—1943 30— revenues Maintenance 150,000 3,118,298 4,016,672 •♦Liabilities Mines, Dome Operating 1 "207,274 deple. payable 109. p. Subsidiaries * 994,046 year Accounts 161, Period End. Sept. $8,500,000 $9,500,000 236,042 267,547 $33,687 , Electric Power & Light Corp. (& • bank long-term debt maturing within one earnings taxes.—V. $28,639,274 $25,468,181 payable to Notes ———i $25,080 $323,024 $335,169 Note—Operating expenses do not include income and excess profits Net 61,339 239,162 80,105 ' 3,317,837 242,230 —______ — — Liabilities— 206. p. ; 1944—9 Mos.—1943 $590,571 $571,211 $80,161 4 Operating expenses 4,668,380 356,573 6,721,377 919,301. :■'!•■": w— ______— Total Greenburg, President.— York, and Harry & Co., New Noel Alstyne, V. facilities ♦(Emergency Patents under 401,834 —4,992,147 charges^—i————881,122 tlnventories _ 8,633,813 Investment in and advances to affiliated and subsidiary companies (less reserve) 105,000 Post-war refund of excess profits taxes (est.) 502,464 Miscfeilaneous receivables, etc, Y 113,777 IProperty, plant and equipment 3,212,495 earnings Gross Ltd.—Earnings- 1944—Month—1943 $63,945 46,474 38,865 period End. Dec: 31— 1943 $8,420,253 •♦Claims and Corp.—Registers With SEC— corporation registered Feb. 7 with the SEC 40,000 common purchase warrants and 40,000 shares $1 par) common stock issuable East Kootenay Power Co., ' / 11U. S. Treasury notes 'Receivables Diana Stores stock 81 1944' Cash .. in Oct. Assets— Judge Joseph A. Moynihan, at Detroit, Mich., on unconstitutional a Detroit City ordinance intended to collection of an excise tax from the above company and the Consolidated Gas Co. He restrained the city from attempting to t/tl6 t&Xi *| ' ••• ' -* • .• •' Pending Court rulings on the ordinance, the city had no tempt to collect the tax. It was set at 20% of gross revenue, was limited to the maximum that the company would have to circuit ruled Monday, February 12, 1945 COMMERCIAL & FINANCIAL CHRONICLE THE 668 companies not appearing in both periods.—V. 161, p. 566. of any renorted renegotiation. — previously to stockholders. tAs adjusted. tBefore §After renegotiation settlement.—V. 160, p. 2645. Federal Water & Gas . system Inputs profit The corporation Corp.—Sells TTtUitv— the sale of its Interest in West Co. after the Securities and Excha'np Commis- has consummated Virginia Water Service Volume 161 sion Number approved the transaction THE COMMERCIAL & FINANCIAL 4359 as necessary appropriate to effectuate or record Feb. the provisions of Section share Act and quarters 11 (B) of the Public Utility Holding Company integration and simplification of the holding company system of which Federal is a member. ■; ftft-ftftftft-ft the to The Federal sold its holdings consisting of 5,000 shares of $6 cumulative preference stock (no par) and 12,000 shares of common (no par), of West Virginia, to Shea & Co. for $1,675,000. Federal will apply the proceeds of the sale to the retirement on May 1, 1945, of $1,098,000 of its remaining outstanding 5V2% debentures, and apply the second the balance of $577,000 to integration the and simplification '■ \ ' •• 1 'y;\\ •>.'1 ■' ' ■ Water Service Corp.-—Officers Earnings —V. SEC— Securities The second time would to stock receive the in reorganized Gross com¬ unfairly officers their on Federal's turned into "We the have had occasion because interests of —V. . however, be of In the Court disagreed the with Commission. Columbia, United the but States both the Court of Appeals the case be that back sent the to 135,175 10,604,038 9,122,568 3,319,030 4,127,813 4,096,596 3,678,644 1,437,454 annual to report stockholders Jan. issued of tAfter 1942 1941 $1,439,976 $1,486,493 17,348 ft/ "43,189 "43,191 the and the of reason receivable $26,780; will loss 1944 obtain tion is so Facilities and $184,570; (after war On U. taxes (Federal, and Govt, bad debts depletion State and capital stock of local), ($1 Goodall have the by Government to date approxi¬ aggregate credit a agreement admin. firms $6,629,734 $8,047,825 $2,215,230 1,090,863 922,377 588,412 itself filed to set of $762,372; dividend of total, action an value a the $10,656,912 $5,538,871 $7,125,447 66,613 63,626 40,711 Warner /Vol. $10,723,525 $5,602,497 $7,166,158 $1,641,083 deductions— 53.991 79,194 74,240 22,788 payment of excess j ,* ,*.* < , $1,626,818 method of —„—- for and Fed. exc. Prov. profits taxes Mr. 13,915,000 3,617,500 $1,034,535 §$858,303 $1,414,453 Common 200,000 §$758,303 '$914,453 25.284 302,949 36,076 358,932 $655,980 $430,070 $519,445 $328,173 likewise, available balance for Gross from the Judicial Supreme stock. two The Assets—Cash hand on and Bonds, Series G—at cost and ings (after allowance rcreivable for $5,459,153: inventory, 543; $89,473; account—contra, accrued notes U. and interest, $85,512; S. accounts Liabilities—Notes payable, banks, $500,000: commissions accrued, and payroll Int. Federal taxes accrued $258,907; >other accrued liabilities. taxes, income convertible $502,117; $376,120; 160, cumulative preferred stock other ''OjV.. •> t f _ ^ ' - i Title 15 & Trust Co., receive bids for co-trustee, " will until from ry. made bonds up on to Aug. which 5r/c 1, per is entitled annum if last.—V. 160, p. on the directors on outstanding Feb. 5 declared common stock, a 104,451 $2,349,136 , 69,930 and 124,685 700,000 500,000 500,000 companies' 69,930 124,685 700,000 700,000 700,000 69,930 tlncludes in in, 1941, 69,930 124,685 500,000 124,681 500,000 1944, $67,000; in 1943, $163,100; $163,675 equity in the for profits excess undistributed $1,255,870; $1,156,996; $2,607,638; and of un¬ 1943 v Consolidated Balance Sheet, June 30, notes taxes. net profits $24,887, $20,388 in U. accounts S. Government receivable 1944 $419,838; securities, (after reserve inventories, $5,307,632; investments property, plant and equipment (after of $221,617), other and assets, reserves for depre¬ ciation, depletion and amortization of $5,674,326), $8,349,864; good¬ will, trade names, etc., $570,000; option fees, $49,243; gasoline con¬ the tract (after total, are $15,644,097. of reserve $193,680), $6,320; charges, deferred ; * , •. - $204,043; - payable, $762,629; accrued gasoline, local and sundry taxes, $805,591; other accrued accounts, $2,517; provision for Federal taxes on income, estimated (less U. S. Treasury tax notes of $673,598), $421,872; portion of long-term debt due within one year, amount due to unconsolidated subsidiaries, $31,508; long-term (excl. portion payable within one year), $79,854; reserve for contingencies, $117,378; deferred income, $8,805; minority interest in subsidiaries, $674,104; prior preferred stock, 7% cumulative (par $100), $999,000; 5% cumulative preferred stock (par $25), $2,493,700; class A common stock (par $1), $500,000; class B common stock (par value $1), $500,000; capital surplus, $241,597; earned surplus, $7,983,949; total, $15,644,097.—V. 158, p. 2362. .-ft/ '//.,/ ' debt 90 days. 350 400 to the Holophane Co., Inc.—Calls Preference Stock— J increases.-' auto¬ hands The of 689 distributors cultivator announced directors shares will shares build. was quickly $366,621 lieu have of issued were called $2.10 concluded in 1929.—V. share. 159, has to-provide the 255,290 45,149 divs. Common group life and disability insurance employees with additional non-occupa¬ 1944 1943 1942 1941 $276,886 $274,813 109,553 $273,730 $256,359 109,756 107,210 143,750 paid ciivs. 107,569 paid—. 143,750 143,750 143,750 — $25,567 $21,510 $20,224. surplus. 1,755,645 1,730,077 1,708,567 Earns, per shr. on com. $14.72 $14.37 $14.25 Balance Profit ft 150,966 $44,179 $568,895 $565,750 12,469 115,305 170,481 $31,710 $453,590 $395,269 5,513 loss and 5,513 66,156 66,156 Assets—Accounts hides on and U. $970,796: $36,515 $26,197 $387,433 $150,000; Govt, securities, (less $1,150,000; 550. p. $303,990; for reserve contingencies, treasury stock of $152,500), undivided profits, / , . $1,697,500; total, $1,755,645; / di lo 1 Illinois Central RR.—Earnings of Company Only-*- 1944 1943 1942 $255,589 $245,385 27,239 105,439 *32,829 11,379 75,381 *69,241 "44,372 2.814,668 2,613,753 2,516,981 1,670,591 675,604 382.567 661,420 322,929 257,959 *35,581 262,705 *38,541 1941 December— $130,362 Gross ' *3,444 Net from from . railway 1944 1943 > 1942 1941 $20,164,132 $16,660,118 $11,458,012 $18,260,171 railway... 6.587,551 9,994,742 2,223,330 3.115,675 ry. oper. income From Jan. 1— 2,143,908 4,300,279 6,738,298 .2,311,668 223,273,710 213,010,308 177,370,948 122.274,463 78.937,495 75,864,846 56,492,101 33,323.273 24,627,493 33,867,434 30,385,730 21,010,522 Net . Gross from Net from Net 110. Period End. Dec. 31— v Gross oper. "Costs, income oper. and $2,427,248 gen. ry. ft ft railway railway oper. .... income... Period End. Dec. 31— V-.. 1,441,584 ft Ry. $3,534,977 Ry. • 3,647,900 S 153,957 53,411 264,921 126,704 92,393 242,419 183,271 $333,720 $282,601 $673,806 $543,584 147,935 189,370 391,824 193,740 " Equip. 68,774 expenses—... Dr) (net '' $ $ -ft-ft-.! ■ ' 240,414 ... ■' 11,998,218 167,071,959 159,790,230 5,259,927 58,826,409 43,544,768 "5,470,402! facility-OaftV",!:-' joint 1944—12 Mos.—1943 ' 21.068.824 259,271.903 247,637.580 13,759,236 accruals!. tax & rents - revenues.__ft/;.21,397,215 oper. oper. Railway 2,739.348' ' 1944—Month—1943 V.. .. Mos.—1943 $1,869,988:ft $4,829,047 ! v v. , 1,812,867 Intangible devel. costs. Deprec., depl. and aband. the-close California—Earnings— 1944—3 Mos^'l9*3 ft 1944—6 $5,- via -ftbiY,' $218,223 oper. $40,000; cash in banks, $791,450; total, payable, preferred stock stock, common ft ' $1,693,663; merchandise (cash advanced $1,561,226; securities (principally subsidiaries), Liabilities—Accounts $329,113 -"■ft $12.96 < - receivable, leather). S. 31, 1944 $5,399 1,688,342 >, $5,057,135. 110. ' railway raiiway.__.__ fiscal Boston—Earnings- earnings——. Pfd. 372,767 518,817 $42,027 income the Co.—Report— 179,295 3,071 railway railway 34,000 its hotel's Howes Bros. Co., 273,000 $45,099 stock-.^ of total a , Corp.—Insurance Program— revised calendar Years— Net of deducts. Originally, 1555. p. disability benefits, extend protection to employees' families, and grant benefits for death or dismemberment by accidental means, "ft ft-ft The new provisions are being underwritten by the Equitable and Metropolitan Life Insurance companies on a basis whereby the em¬ ployer; bears the entire cost.—V. 160, p. 2296. 1,982,369 288,000 redemption March 15 the balance of preference stock outstanding. The tional $3,779,437 2,290,080 corporation program 1944—12 Mos.—1943 26,750 per Waldorf-Astoria Hotel The a. sec- 250,543 $33 at earnings given in the "Chronicle" of Feb. 5 are for ended Sept. 30, 1944 and 1943.—See V. 161, p. 567. years oversubscribed.— $4,320,292 for cumulative redeemable Horn & Ilardart Baking The Secondary Offering— — is tractor— and it rural in 334,448 ' 4,420,211 6,041,626 the sale to ifc of income mort¬ . to accrued interest of 2% per earned. A similar distribution 830. dividend payable Jftft- . General Motors Corp.—75-Cent Common The 82,308 $1,853,267 subsidiaries for 1942 amounted to Assets—Cash, the on Net inc. Dividends from oper... received be fund and 59,043 Earnings of System of 75 Net income. March Earn, •<••• 10, to per share holders of per sh. $481,655 of stock "Includes $471,971 $1,065,630 Net ry. oper. $2.11 $4.75 ex¬ 28,953,324 38.260,956 1,326.908 61,037 1,0*1,697 3,585,991 30,219,195 39,271,380 Utilities capital .->■' to be sold at avail, railroads has'approved the stock, deducts.. ft 114.899 ' for 61,273 and fixed ( !-, other fixed • Approved— The Massachusetts Department of Public issuance of 26,000 shares of .additional ; 3,476,231 .charges ft.......... 2,049,415 Interest, rent for leased $3.29 raw Haverhill Electric Co.—Stock 1,927,163 ft-v 127,332 income Inc. $2.15 : 5,139 cap. —___ income 5.080 Other $737,324 materials/ operating, selling and administrative penses, State, county and Federal taxes.—V. 161, p. 310. < Dividend— cents 1- Miscellaneous . Vas asking houses case 181,335 income "Deficit.—V. 161. p. July 1, 1936 to an amount sufficient at prices not exceeding the price at which said purchased at that time, in the open market. Alltenders will be opened on Feb. 16, 1945." v.'ft ft-ft ft > The company on Feb. 1 paid 2'/2% interest on the income mortgage annum 60. 98,003 from Net $37,070 may 213,597 1,013,394 $1,479,648 $2,681 in 1944. trade to declined 270,586 pfd. oper. Net par), t 1,158,955 66,847 stock.. $252,725, Supreme From Jan. 1— Gross fund bonds dated sinking exhaust sinking and May & 24,000 oxpenses Insurance business on Feb. gage ry. / Angeles, Calif. bonds and 237,186 Hancock Oil Co. of •''■> 195,189 1,220,180 Liabilities—Accounts has 1944—Month—1943 from from Net 2\z% Interest— .to who into taxes other on Gross v.;.;,:-.'ft ftftvvft ' 191,442 . " Stk. 202,579 Net Gaylord, Inc. (The Gaylord Apartment Hotel), — Tenders for Bonds Asked—Pays (The) The com. 1942, Co.—Earnings- December— stock ($2 par), $415,968; capital surplus, $565,786; $60,000; earned surplus, $1,345,247; total, $14,021,846. 1735. p. ' of B Gulf & Ship Island RR. id RR.—Earnings— $71,289; ($10 305,319 $3,680,579 $1,314,087 . "Includes depreciation, 057,135,—V. 159, common donated surplus, Los offering Balance and gencies, ft Cl. Maine the expect Feb. 8, successfully profit taxes —V. 161, p. renegotiation for the year ended Oct. 31, 1' Co. flame company Sugar on income Net for Federal income taxes (after U. S. Treasury Notes, Tax accrued interest of $2,707,040), $5,887,032; provision for 1944, and balance of amount payable to U. S. Govt, for year ended Oct. 31, 1943, $1,578,593; employees' payroll deductions, $146,741; reserve for certain product guarantee expense, $5,736;. reserve for conversion of plant and facilities to peacetime production requirements.''$500,000; reserve for contin¬ Series, ' on 736; p. Note—The next lines automobile $404,288 in and Divs. provision —v. we assemly Rototiller, the income Gross accounts payable, $1,049,- $758,346; 374,201 $3,289,719 Balance Sheet, Dec. $81,067), $3,478,S. Savings Bonds—purchase accounts receivable, employees for loss of $412), $2,200; miscellaneous investments, refund of excess profits tax (est.), $153,000; land, machinery, equipment and patterns (after allowance for depreciation and amortization of $781,783), $745,746; deferred charges, .$436,899; total, $14,021,846. ( . than Divs. Court the "taxes post-war D65; $1,219,655, 159, Boston taxes income excess Provision Sav¬ buildings, •x 399,398 " $2,950,315 1,056,652- stk. pfd. accounts of doubtful cash, U. Co. The Fed. $3,571,209; 15,538,484 $3,375,261 '' com. allowance (after $111; Western & Fed. 31, 1944 deposits, the which revenue General demand our where feasible Operating expenses Deprec. & amort reduced by $87,185 to $671,117. Balance Sheet, Oct. 1941 17,816,093 tax___ ■ consolidated & stockholders production from period End. Dec. 31— is dividends 1942 $2,915,518 479,698 income A said, Gulf Power debt-retirement, $200,000, and post-war the of year handle he mission. excess $771,117; is The 16,389,296 357,654 5 'k V. 161, p. 310. profits tax, $574,710. tAfter credit of $400,182 for debt retirement, tin respect of renegotiation under "War Profits Control Act." §The adjusted net income for the year ended Oct. 31, 1943 1943 $2,917,285 __—__ cl. ondary offering of 45,000 shares of common stock (no par) at $29 a share,. less 60 cents a share selling com¬ 88,512 116,610 •After deducting credit for of '£.•'*' farm Great Shields $533,295 22,567 surplus— to Bal. refund SEC par). ($1 $2,550,917 — income on "it will be possible in some instances for longimplement dealers to increase their volume by selling company's line of automobiles."—V. 161, p. 567; — 155,988 divs. paid dividends paid will established 200,000 $834,535 Preferred stock $2,559,631 ____ on he roll that said also $733,295 300,000 100,000 2oo!66o: preference (& Subs.)—Annual Report— expenses stock Frazer implements the 750,000 Approp. res, for cony.,. Approp. res. for cont._. will "Likewise," 885,000 1,634,710 Government— S. first areas iProv. for est. refund to U. the day a farm — income *8,000,290 A the and 1944 Divs. distributors." •- 2,059,965 —v —— 60,000 with oper. ftConsol. net profit Divs. on prior pfd. stk._ distribution companies," "During mobiles /ftftftiftv- prof,■:taxes:;-toJ>Ui.-vS.^^^.v^y^':^.- .ftv^ft/ft Treasury class statement 16,442,085 the Federal Court in Maine court appointments as cars become available and volume Other deferred will differ from that of many other explained, "in that dealers will function under distributors in territory allotted to them. We anticipate a dealer body of 3,500 to 4,000 and the distributors will make these 14,265 incoipeL.u. Total & Divs. surplus, $1,467,922.—V. Arthur that the in for sales income Other in Goodall 26 Oil Corp. certificates, arrears capital 1,200 distributors probably will begin within "Our automobile ... two are its of issued are registration a Minority int. in profit of subsidiary cos the 3,585,486 .0 Profit to of Total '-ft > $1,435,081), equity suit in an Registers — $19,001,716 $18,940,213 $20,731,611 $18,913,744 ..tFederal Co.—Stock Valuation— transferred Indianapolis $21,594; 10,320,356 exps,_ Other income of Joseph W. Frazer, Chairman, on Feb. 5 announced that plans for marketing of the company's post-war automobile have reached the final stage and that awarding of franchises to a nation-wide network $5,800,716 19,655,209 1,350,212 profit- and discounts accounts $5,711), 1941 $12,007,124 Gross brought have filed sales Other Graham-Paige Motors Corp.- -Plans Sale of New Post- 31 1942 1943 has Operating profit War Cars— ft: 33,676,268 sales- Sell. cash $150,000; asking the Federal Court to take jurisdiction in ground of diversity of citizenship.—V. 160, p. 1736. loan, $45,683,392 $26,284,944 $18,368,181 sales of Co. court Years Ended Oct. 1944 ft 223. p. 567. p. of expenses accept the price offered for their stock. All told, the 26 shareholders held 5,797' shares of Goodall stock. Last November Goodall Worsted the with executed was 160, outstanding, are being sold through Securities Corp., Indianapolis, for the selling stockholders at share, the underwriting commission being 75 cents a share. a •Cost income their appeal from the price fixed for Goodall Worsted Co. stock when the company was consolidated with Sanford Mills. These Income Account for Cost expected Court, 1944, 28, and $8,881; investment firms of J. to company's bankers for a Government guaranteed "Regulation V" under which the company may borrow up to $5,000,000. Net Worsted The Boston William A. Barr, President, said. program, securities, $282,453; par), from operations, Dr$76,412; 154, p. 542; V. 153, p. 1275. V. seeking contracts. war $800,000.—V. Dec. 31, 1944 S. for reserves depreciation Judicial provided March is State $329,260; accrued interest receivable, $336; ad¬ salesmen, $1,161; refund receivable of Federal and Sta^e taxes, $5,850; property, plant and equipment (after reserves $585,705; $13,200,000. The company does not anticipate the need for additional facilities to continue with the fulfillment of its part in any it and Liabilities—Accounts payable and accrued charges, $33,346; accrued Com¬ mately the Federal inventories, income for earnings. per share operations, of charges, $7,591; total, $1,467,922. refunds. refunds from refund a Net to Gannon of to Chairman, etc.— Years End. June 30— selling. expenses. amount This com¬ renegotiation 161, Co. shares which Hickok provisions vances income net $9.25 1943 $1,130,198 1944 costs company for the previous fiscal year of $771,117 after Because the amount of anticipated renegotia¬ indeterminate, no effort has been made to compute through profits with renegotiation Jones company Union $735,480 Assets—Cash, ended Oct. 31, 1944, corporation reports net income of $1,034,5,34, after all charges, including a reserve of $1,160,000 against possible pares The : year refund 3,564,793 Balance Sheet, fiscal for the 26 reduced Class A Shares— Co.—Earnings— deficit the subsequently directors.—V. ft Herff of approximately $28,500 under the loss carry¬ of the Internal Revenue Code. Such refund will be reflected in income accounts when received.; Foote Bros. Gear & Machine Corp.—Annual Reportin elected 1.659,114 2,879,839 59,065 in back V. 159, p. 1656. p. 552: 174.528 417,813 110. p. the taxes Supreme decisions of the proceedings^Vr 157, $644,149 440,779 10,245,412 . income Note—By s ♦ directed It for further mission of District for $896,158 17,464 18,291 5,615,529 (net)_ that during reorganizations) Court 161, "Profit. both Mr. $638,711 137,068 102,938 loss members treatment were Jeffrey S. Granger, head of Sulzbacher. Granger & Co., has been elected Chairman of the board, succeeding James F. MacNamara, resigned;ftftft-;< William E. Sprackling, Vice-President of Anaconda Wire & Cable Co., and Allan Burleigh. President of Harvill Process Corp., have been 1941 Years End. Dec. 31— urities purchased by corporate man¬ with adequately flexible provisions would practicable and desirable," the opinion continued. their appeal to the courts from the Commission's 1941 decision, Chenery and the other officers were successful in the Appellate with 1942 $735,141 .. railway oper. tNet advantage out of a (dealing agers 1943 income railway Sales of a management determine to obtain reorganization by engaging in a program of buying outstanding securities for the purpose of realizing either the voting power or the enhanced value they expect these securities to have in the reorganized corporation, or both, the conflict is no longer either normal or unavoidable. "Now that we have had the question sharply focused in this and other cases before us " * * we may well decide that a general rule "When, $0.54 shares, opinion said. personal $0.51 stks. com. 40,000 shares of additional stock. The DPU order points out the company on Dec. 31, 1943, had outstanding $1,000,000 of notes that which covering 60,000 the the management's predominant representation of class * * * by which it is elected to office," one from ry. exist¬ of $63,329 Harvill Corp.—New Giant Portland Cement plus 4'/ interest. note previously the conflict often to and 1943 $61,272 1944 railway from Net cost at issue 1944 com. provisions to inadequate, the company is required to set aside out of earnings for depreciation a sum not less than $175,000 a year until further order of the Department. Vi ft"ft\,' The company originally petitioned the Department for authority to V railway oper. Net ing between corporate management and one or more classes of security holders ry. Gross plan, company the The proceeds are to be applied solely to the pay¬ of outstanding notes to the extent of $650,000. approval, the Department having determined that made by the company for depreciation « having been cancellation condition a From Jan. 1— approved in 1941, has been carried out except for rights reserved by C. T. Chenery, President, and other officers and directors who opposed the Commission's decision that pre¬ ferred stock purchased by them during the reorganization should be reorganization from Net that the opinion reflected appealed on the grounds motives and conduct. class A on 7. from Net equal basis with public investors in the old company. action was taken last April but withdrawn for reargument the sh. per 161, p. and As for taxes December— an Similar when officers enabled ment Georgia RR.- -Earnings- and Exchange Commission rejected Feb. 7 for the amendment to corporation's reorganization plan which an have pany on after provision ($25 per share). par General Phoenix Corp.—Earnings- Before 669 ; Three Months Ended Dec. 31—• V Lose 1944, the company paid a dividend of 75 cents per as against 50 cents per share in each of the four 161, Net profit system,—V. 161> p. 566. Federal In quarter, 1943. of regular quarterly dividend of $1.25 per share was declared on preferred stock, payable May 1, to holders of record April 9. p. 462. ; $5 —V. its of 15. each CHRONfCLE charges 1,047,209 1,107.872 12,833.579 14,1*2,258 "Net income...-.-..-.- 1,002,206' 2,478,119 17,385,616 25,129,122 "After V. 161. providing p. 463ft- for ' Federal income -ft':' :'V/- and excess profits .v.:',:,:;.;.-.------':-..;'-. -ft' 'ft..;-",' t. c -V ■ taxes.— ' ft v.: • 'THE COMMERCIAL & FINANCIAL CHRONICLE 670 nounced by the company.r—V. 160, p. 1295. !..■ • Account 1943 1944 85,057,461 41,440,547 3,231,131 35, 2,491,356 revenues— Miscellaneous revenues-': and Total oper. 196,231 revs. Current & Traffic • 21,220,294 12,291,457 11,843,152 29,486,101 23,913,887 9,937,047 expenses— 9,387,233 9,316,062 981,619 952,289 950,840 Operating rents 563,359 540,018 517,141 4,666,740 4.296,852 3,813,886 pensions sick, accident, 3,341,804 2,453,368 1.898,543 1,708,579 death & other benefits 1,999,548 1,991,860 1,511,472 1,122,612 Asphalt Exec. & legal departm'ts "Accounting & — service Empl's ' received Service under license contract Other gen, 1,121,579 1,324,027 1,158,007 7,114,411 6,012,082 6,190,975 Net oper. 1,200,000 12,990,472 13,566,449 1,121,326 Net —- income—-- 14,383,459 1,171,031 transfer York agencies income— non-oper. available Income for of 160, Other —i.—1,355,090 1,355,163 208,592 373,291 484,671 10,881,441 10,562,435 11,483,974 10,968,682 10,094,979 11,751,563 11,374,930 12,000,000 319,006 515,292 *1,279,951 *248.437 — inc. avail for divs. stock-; common on Balance, surplus Earns, per sh. on 1,500,- $6.70 $6.21 $7.07 v-.-.■vv'.v.-'-v.-V;." 1,007,475 783,123 Temporary cash receivable Other 174,900 8.696 employees— — — 14,629,734 deferred 689,987 3,511,138 515,693 158,904 — charges. - fixed ILiiabiliiXeai—r' Premium value (par $100 share).— per capital istock— on 1st mtge. 2%% bonds, ser. A, due Jan. 15, 1981 Accounts Accrued ^ payable and other liabilities not -Unamortized Other 592,878 50,000,000 Depreciation 2,000,000 6,169 " 24,738 * been bank 10,054,792 717,589 telephone 737,499 93,773 reserves : 19,494^5p 414,421 sh. on par) .'$69,559 • * ' $2.42 $3.20 was , of f estimated provision for in ♦U. S. terest of Treasury of tax IDemand $656,079. pension trust ments.—V. 161. tlncludes notes, funds not note taxes held presently by of $20,494,022 trustee required to as in¬ investment an meet and pension pay¬ 208. p. in The will file with soon the SEC additional amendments these That constituted, now being: (1) pany renegotia¬ value too is of traction $11,900,000 large in properties funded relation after to debt proposed for the new (after demand year Utilities notes Co., in parent, eliminate To of $2,500,000 of liberal. payment is these too ing and to Details the balance refund of the 160. p. 832. • , pany is expected to use about cash to scale down amount of ture into a Through of present the owing the Sept. 30— the by the of debt amount of interest basis. $2,500,000 bonds. settled or This as yet, but the *After past $3,000,000 of its available will considerable note claim tled in solely lieur of of by to as time whether of the the intfer-company note publicly-held preferred which be funds, • on file —-----JLLl.'G $38,^49,337 Provision for deprec., amort. & depletion--.V— 10,019 700 interest and expense on bonds and'serial notes-'"'ri: taxes—849 Provision for Federal excess -.Net income Earnings per share profits taxes—— 9 775 956 269'304 l'o09'638 1 000 5 915000 1L79s!ooo 13[41o[ooo —$10,249,395 $10,801,564 1,633,105 shares outstdg. $6.28 $6.61 ♦Preliminary, tAfter deduoting administration charges for repairs and maintenance. Note—Income • ——— on ' • '1943 $42;181,462 033*242 !•_ Provision for post-war and other adjustments— Provision for Pederal income - . for 1944 does not reflect any possible , Figures submitted presently known in the preliminary report for requirements for retroactive 1944 and all $861,618 $1.95 due somewhat reduced 1943, from sales were of fibre asbestos to 1943 were $12,715,113. Total sales in \ - in and 1943 1943. average an > . and Surplus , assets subscription the capital years the a deter¬ was at $20 per share. issue of new value of adjustments surplus it in was The beginning of business excess was credited to an increased in 1937 in the was stated significant $3,000,000 the at for this, organization stock common corporation present Of corporation's net amount, and surplus. This the the of has $20 in 100,000 shares share. per There For capital amounted surplus. to $14,379,89$, Deferred for Expenditure deferred expenditure is available for contingent obliga¬ for require may expenditure the cash, of and for postwar the - . $551,820, and by refund 1943 of of $95,600 interest earned. From it was tax refund relinquished in connection to the United States Government. the $18,591 of post-war the earnings deemed $1,017,602 new as of Nov. : • , 22, -.t;:. of with Sept. year' ended on its year a .' $470,000 during the year. Consolidated Balance reduction a in on hand and demand deposits all of in ac¬ income on preferred on common portion Balance earned to (Cri— . 2,088,770 477,000 719,562 5,476,213 to — stocks—— 4,655,280 43.750 surplus— ;■ .<—.—■. of year———:-. 175,000 1,912,500 „• .. ——3,094,963 • t t 2,567.780 17,461,641 20,029 421 2,820,102 stock—— common v 2,337,500 .v.:'--J.• surplus at beginning (■Transferred Earned surplus at end of year '*Earriihgs 30, 1944 * in Based balance per common „1 due $236,916; taxes, other than taxes basedoh .-income, other accrued liabilities, $25,546; provision for Federal and ' banks and on tAccounts and notes inventories Balance — v iaries and in (at advances (*) under ; ' 31 ; 1943 $8,770,650 $9,750,506 ——_ 7.391,000 9,241,006 less: reserves-- 8,902,767 11,511.085 ——————11,533,087 11,834,042 cost— receivable, etc.-_i:——- Miscellaneous investments, at cost or less—: Invest, r7., Dec. $5.27 footnote 1944 deferred expenditure, for :■ . hand——- — Sheet, 20,029,421 $6.39 tSee ■ U". S/Treasury tax notes, at Funds outstanding. sheet. Consolidated in 20,504,282 share_-—__—^—Ji._ shares 850,000 on Assets— Cash to 14,449,649 76,187 unconsol;" subsid- cost)—r—- / • 11,934.037 88,099, :.: ,' . .79.440 95.526 less reserves—22.422.960;.--23.172,151 Prepaid and deferred charges-7—599,748 1,034.020 ^Properties and plants; " ( compensation; $104,368; 311,372 : 2,139.132 this within one year, $350,000; accounts payable, $802,922; deposits on uricompleted - sales contracts, $164,226; payroll deductions for withholding taxes and war bonds, $20,257; salaries and wages, including provision for-incentive" banks, 7,124,414 ~ ' —- profits taxes \ accounts receivable, trade (after reserve accounts receivable of $186,042), $1,582,192; to and stockw— --.V Earned and payable State ——— Dividends bs(nks,j $1,032,047; for-doubtful notes and other receivables, $20,779; inventories, at average costs, $4,799,554; company's.: capital stock purchased for distribution to employees under incentive compen?sation plan, 5,593 shares, at cost, $70,155; post-war refund of excess profits tax, $46,839; property, plant and equipment, at cost (after re¬ serves for depreciation and for amortization of emergency facilities of $625,688), $718,879; patents, at cost (after reserve for amortization of patents, of $10,215), $70,287; prepaid expenses and deferred charges, $87,660; total, $8,428,394. ^ V Assets—Cash notes secur., 2,723,777 4,673,000 — 1940 — Dividends M-:,"/ ;: Sheet,- Sept'. Net \ 30, or 800,000 2,954,000 taxes- taxes, social excess 290,819 3,060,000 - —, profits exc. — refund of •Post-war & stock, capital mineral :———' taxes income of borrowings ... previous, Fed. local taxes five-year-term $1,225,000 profits Addit'l Fed. income Canadian and 544,973 354,573 depletion — Special depletion and obsolescence properties ———.— Provision for contingencies-—— 1944, ' - •Unit $2.65. Federal make 5 less - ,- " advisable to 1943 $ . discounts and allowances__________ 101,211,499 107,418,30.5 Manufacturing cost, selling and admin, exv'w./ vr. penses, etc. 83,628.724 85,599,003 Provision for depreciation^——-— 1,600,000 1,694 999 Amortization of leasehold improvements——.— 62,857 44.460 1,708,602 691,000 $2.24 been and Liabilities—Notes liability in reflect wages earn¬ In addition to cash deposited in the fund, it post-war refunds of excess profits taxes due from the States and Canadian Governments. to Sales, - expenses " yespect to renegotiation of Government contracts. the it has credit, , > from with that Government. Consolidated Income Account for Years Ended Dec. 31 1944, the company made the loah, arid, in addition, antici¬ pated the payment of $135,000 on the final ipaturities thereunder. This reduced the total of the term loan at Sept. 30, 1944, to $755,000, compared - . *1944 , __—— $747,420 . v Subs.)—Earnings— Calendar Years— $9,847,863 $2.10 ' ~(2) During the regular payments debt tNet income Government During 1944 the fund was increased to $14,022,499 by the deposit an additional $2,000,000 of cash, by post-war tax refunds amount¬ ing 1941 $6,806,976 1,977,106 1,115,488 _ /in¬ now reserve expenditure. deducted the company had out¬ standing loans of $810,000, of which $500,000 have been invested in U. S. Treasury Tax Notes, and $310,000 have been added to working be necessary to resolve this question. The Utilities Co., however, presumably will be set¬ issuance of common stock of the reorganized company and demand notes provided in the plan (Boston "News Bureau".)—V.. 160, p. 2647. the to which United During date this under will Inland Steel Co. (& .- • • 2,307.945 1,560,525 share..— stock. Since that Midland cash with the SEC. should stock, against Govern¬ Business was this of capital Excess - claims was the the includes the year ended Sept. 30, 1944. the company ar¬ ranged for a V-Loan. up to a maximum of $2,250,000 to assist in financing war contracts. Borrowings under this credit reached a peak of $1,970,000 during the year. Prior to Sept. 30, 1944, all borrowings Were paid off, although the Credit agreement was not terminated. aggregates $2;739,006 face amount, plus unpaid interest of $1,700,000. The preferred stock is outstanding in $3,032,800 value and had dividend accumulations at the 1944 year-end of to per Notes—(1) The note exists this from name capital provision common about eubordinated present corporation's several of tions for renegotiation. tAfter renegotiation; -tlncludes $1,741,000 for excess profits tax. SOn 381,400 shares of no par value com¬ without waiting to solve the problem of satisfying credi¬ tor and preferred stockholder claims* par 1942 ' 3,001,973 t2,194,000 taxes income Net bring the debt struc¬ more conservative ratio to depreciated property values, i the bond refunding the company could take advantage favorable market conditions to sharply reduce its annual $2,519,372.. Question charged Canadian $4,112,229 exceeded , $807,973 inc. State & ^Earnings , fixed charges < before taxes— Earnings outstand¬ the the the value of the state The fund preparing lower a not been due taxes was Of $118,591, Government. remainder, the of (& Subs.)—Annual Report— *1944 tl943 $16,011,304 $13,347,285 ' Sales Midland is company and 1944 Joy Manufacturing Co. two- and one requiring renegotiation of (computed after allowance com¬ Fed. reduce on program, have $500,000 indebtedness objectionable features application for permission to an and cash organization less with approximately $13,000,000 net downward the book value of the cash > r States redemption value. $3,000,000 in 1941. at stock tingencies, $350,000; capital stock (165,768 no par shares), $1.632,076;N .capital surplus, $35,460; earned surplus, $1,714,055; total, $7,441,146.— Years End. issuance statute earnings United refund to the at and other of facilities. That de¬ was in 1944, capital structure was simplified by April 1 of the remainder of the preferred stock. Fund for reserve $359,486; ' (2) 1941 early few accrued liabilities, $169,390; dividend pay¬ able, $62,163; provision for estimated Federal, taxes on income and -renegotiation of Government contracts. $1,818,517; reserve for con¬ the adjusting and • ... shrinkage of $50,000)., $2,.207,822; post-war refundable portion of excess profits tax, $202,266; land, building, machinery and equipment (after reserve for deprecia¬ tion of $415,007), $1,089,578; patents, $1; deferred charges, $33,733; total, $7,441,146. inventories $956,324; V. the $2,707,072, years, Interest amounting 1940 reflect the excess of paid-in capital over the stated common stock. The account for earned surplus has, indicates, represented the amount of earnings since th.e present corporation began business, less dividends paid. ■ : As a further step toward simplicity in statement of capital, the capital surplus (and $2,620,102 from earned surplus) was transferred to the account for common stock. Thus, the common stock is. now stated at $34,000,000, which is $40 per share. . corporation four to productive facilities were, as in retarded by war conditions. They amounted years, 1940 for a vMue Liabilities—Notes payable to banks (Regulation VT loan), $1,300,000; to the reorganization plan it submitted last October. There are two principal objections to the plan as for amounting replacements of on excess asr its Assets^—Cash, $601,423;' U. .S.uGovernmentVsecurities (including. of tax notes, at cost ) < equivalent to market), $2,350,000; receivable (after reserve for bad debts, etc., of $50,000), accounts payable, Indiana Service Corp.—To Amend Plan— the 1943 an $2,025,000 19,760,011 409,238,327 395,084,243 —————————————— and 1944, compared with $694,111 accounts Total the refund which of issue, time to continuing * 3<f, 1944 of was Governments fibre common the post-war refund of $25,700 in 1942, $66,000 in 1943, and $103,000 in 1944, also in 1944 after $32,358 over provision for renego¬ Balance Sheet. Nov, to the the refund $9,000,000 of account *After tiation for prior year. (Including tion ;of Government contracts. difficult there Properties and Plants in the amount $4.12 * of and to original was $289,792 ' 1942 for taxes 1943 to asbestos announced At com. $2.14 life ; of of post-war a of redemption value ——« $115,485 ; ex¬ useful of _ of preceding two mined $683,492 393,700: i—- $106,693 ^ tQ. is 1944. : redeemed ■ 248,653 - After agreed $82,682 course, $2,200,000 per year in the 15 years ended with The 306,000 100,000 250,000 L- obligations fact. was audit, $1,427,975 the 349,022 * $529,906 paid for payment Capital - 366,000 5——. 140,432,043 129,505,256 10,450 10,450 —_ plant—-—— surplus in paid in was the matter 1926, 28,475 66,369 • for 51,248 *1,328,300 [*600,000 wttr $1,501,977 | *1,680,000 j of to -u—... f 195,000 tax^") is, this of of 88,519 \ $401,096 331,537 (no tax and length for tax contingencies. additional amount Additions the were 8,125,402 16,849,456 debt-—— increase reserves refunded from s/j'::-;;"v-: ' 100,000 per law the was which taxes other Johns-Manville companies. 12,214 * fact a for provisions $12,771,643. were $1,413^458 — $355f346T Earns. income points of question Canadian $6,973,026 4,697,455 862,112 • ■ basic ; $250,358 Production ■ supplied were all though operations continued at a high level. Including manufactured products, total sales of Canadian Johns-Manville Co., Ltd., in 1944 • * 82,061 , excess^ Surplus ■ States of contingencies. As ■V:. 1,980,861 t21,150,201 amortization of Unappropriated $2,529,580 ! 55,374 . contingencies stock liabilities current funded on 50,000,000 3,530,363 2,132,219 credits— and Contributions for $1,290,939 60,199 22.049 cahcella- to was The The of tax Dividends de¬ — due premium deferred $2,470,028 59,552 fret, profit for year.-. 19,576 i 2,634,434 billing for service and customers' —— 19,576 ••• —•. of pension fund Advances from American Tel. & Tel. Co posits Prov. 162,499,000 162,499,000 $Note sold to trustee Advance $2,347,700 ——-—* Fed. for United ings of the years 1941-43 is under discussion j^^; V'^ :s'v stock 26,814 tion of sales contract profits Common for ma¬ on Asbestos textiles, Years determinations made income $131,767 ment. 1941 1942 $9,282,984 ? 6,037,068 ; 775,888 $1,262,201 28,738 $2,320,886 ; Prov. for Fed, inc. 409,238,327 395,084,243 of number a the the contracts, taxes) deducted Subs.) 30 (Including 5,877.304 83,506 assets Payment/ lor' • Prior of equipment, of total on from amount, -Aa'~ 729,279 / —u — Interest paid - Prov. . ; Depreciation 1 Loss on disposition 68,649 — $337,976 ducted Occasioned excellent. remains A;' 8 402,459 Interest income, 13,220,746 3,104,806 . supplies-—, —— Total ^: sales— Profit and The to war 1943 '/-'V — .-u 4.292 — receivable and Prepayments *2,500,000 174,190 investments——— .Working funds advanced to Accounts fll"" Operating profit etc.--;- 794,120 concentrated war. and other products merchant marine and to important charged to the was 2,940,989 deposits— -cash Material Cost, of be to determination. consequence • company discounts $11,452,624 t$7,732,383 & Sell., gen. & adm. exps. 1,007,665 6,884,655 — — .Special of Years Ended Nov. Account, returns lowances ■.A.A :V most provision physical investments Cash Notes i-AA AA The additional . ' 378,839,026 372,209,413 property—j— __V 133,225 304,124 in capital stock of subsidiaries 328,910 328,110 Investments Other ■-L leSS gaJeS pipe; the raised $779,595. • year insulations; building materials; Celite (diatomaceous earth) filter partitions, examination 1941 machinery In peak all-time 7 ■ and accurate for states: condition financial Income plant ■Telephone of on with liningS; Refunds 1944, and since that date all borrowings under the credit have liquidated, 'leaving the company at this, date entirely free from 1943 ship Government 1940 pected. sterling in respect teansfer agency.— the equivalent in Company's Londoxr 1944 1 1944 .Miscellaneous at the . Balance Sheet, Dec. 31 ■ and by President,, Jaeger. The $7.83 " ■Assets—> -' common borrowings. 000 com. shs. (par $100) ♦Deficit. the on by a rise in volume of war production orders to a ligure in excess of $9,000,000, in May the directors considered it advisable for the com¬ pany to enter into a Regulation VT credit arrangement with its banks. An original borrowing thereunder amounting to $1,500,000 had been somewhat reduced at the close of the fiscal year, Nov. 30, 432,809 interest Net •Divs. 13,857.635 1,355,035 •'< 1,673,263 continued 1944 brake services, 2544. p. the the prosecution of the and fillers; armed Pursuant 11,934.685 13,212,428 12,445,123 charges dividend a Jaeger Machine Co.—Annual Repcrt— G. /•--, ■ fixed Bond interest issued certificates 14,620,456 Dr762,821 12,704,715 Dr770,030 declared 5 quarter V. . Feb. on of 1944? The Canadian Foreign Exchange Control Board has authorized the disbursement of the dividend in United States currency in respect of certificates issued by the Company's Toronto, Montreal and New 3,606,705 13,356,062 prof, tax excess Other taxes each in 699,191 6,124.870 taxes Federal 1,458,45? (less exps. "exps, chdg. constr.") Federal 1,540,605 1,679,937 1,834,960 — in compared study and discussion, an additional payment amounting to $2,010,159, against which a refund of stock of 40 cents a share' in United States currency, payable March 31 to shareholders of record March 1. This is the 110th dividend declared on the common stock. Distributions in the same amount were made : $101,211,499, thorough directors The in (asbestos-cement) A located are dependent was ' to $108,021,383 Taxes . — efforts importance to and the for plants many ' of industries. of Canada, Ltd.— Common as production declined and Trarisite Dividends. Provision for employees' 1943, above. International Nickel. Co. but, year, shortage, 1944 gaskets, ; treasury departments 1942. aids Corp. in in packings, Inter-American Oil Corp.—New Name— Barber labor manpower. sales Production 483,072 5,038,260 of to See result, a terials 110. 1944.—V. 161, p. throughout the critical $107,418,305 distribution of 2.75 cents per share has been declared on the Bank Group shares, payable March 31 to shareholders of record Feb. 28. ' A like amount was disbursed on April 1 and Oct. 2, of areas As cash semi-annual high level a severely, depleted the company during its fiscal ended Dec, 31, 1943,"—V, 161, p. 568. ^ , • Institutional Securities, Ltd.—Bank Group Dividend— 11,387,716 21,716,416 8,745,805 973,582 expenses Commercial 20,191,857 at in- excessive profits had been realized by A 104,482,351 21,356,308 110,285,405 120,687,559 21,149,898 12,411,944 ejcp._ Johns-Manville Corp.—Annual ReportLewis H. Brown, President, on Jan. 31 stated in part as follows: V, Orders for products for war service and essential civilian use were the ability of the year 284,628 288,367 31,922,571 amort. no 110,573,772 104,766,979 191,124 129,532,908 oper. revenuesmaintenance— JDeprec. 1,210 15,677 z,i 129,729,139 120,878,683 Total Uncollect, s depend upon obtaining sufficient manpower, railroads to continue to move the vast tonnages now being handled in and out of our manufacturing properties.' ! ; "We have been advised by the Navy Price Adjustment Board that ' 82,458,896 Toll service many largely will production 1941 Local service revenues—. production Of important steel record 108.4 ft for the year with a total tons of steel. The demand for averaged 3,684,147 ingot Years Calendar for "Our products resulting from war heeds has recently been increased beyond any .previous requirements for such purposes, but the fulfillment of these demands and our ability to continue at our present level of Illinois Bell Telephone Co.—Annual Reportincome State taxes based on income and for renegotiation refund (less* U. S. Treasury notes, taxes series C, at cost of $.1,000,000), $1,407,540; notes payable to banks, due in instalments to Sept. 22, 1946 (less portion due within one year), $405,000; common stock (par $1 per share), $384,100; paid-in surplus, $1,832,466; earned surplus, $2,695,053; total, $8,428,394.—V. 161, p. 568. • ' Edward War Labor Board. Jan. 31, said: operations for the year 1944 were maintained at a higher continuous rate than during any previous year of our history and > • of the Ryerson, Chairman of the Board, L. corporation and its subsidiaries have concluded war contract renegotiations for 1943. ' Earnings for the year were not affected, as reserves set up were sufficient to corar the settlement, it was an¬ the1 recent decision with cordance (Harvey) Hubbell, Inc.—Renegotiation of Contracts— The Monday, February 12, 1945 Total —— .v." ^ ———C ——.—— — "...x., $74,225,488 $78,660,466 Volume •r* , Liabilities— " THE COMMERCIAL & FINANCIAL ' Number 4359-:' >: 161 •'... ' . 5' .. 'V. ■ .. ...... ■' - - ' ' i:1 ■:'.:'■■■'• ■'',■'* ' Fed. and Canadan inc. and excess'profits taxesi Feueral capfca. stock, soc.al security,-,State & >■ "• taxes ' 806,141 payable,, accrued wages, eommiss ons, l'Oj-altles, rent, Res. for workmen S compensat.on self-Insurance .-3,782,063 427,150 local taxes iU. and S.) local La :adla:i Reserve for/ product, guarantees, etc.-.--,, Reserve for con^ngenc.es__3_v..-,l. —.--l i Reserve for tax contingencies—-Preferred stock - - ^Common Cap. til tamed stock v .. ._.•//'»/•*W.&V'* — \«V-:v-i/'' „• ,:y*• Y - tTlie deducted reserves ■ f 31 Operating middling stock and Accounts Interest 17.000,000 doubtful from accounts collect bil ty and 20,029,421 receivable, Deferred Profit 7.779,055 208,967,918 • shown takes abbve of exclusive are s?le$ fcerta'n- - 439,005 due 19,050,784. 1,779,861! !'« 783,913 Net Accrued 20,874,100 Accrued 424,964 Accrued surplus ' — Total 26,100,302 1,383,580 tAtter deducting, . tekigh ; This i . its V. depreciation (1944), $21,969,803; 160, p, subsidiary A'/r Valley RR., Lehigh of due Sept. bonds, ing Commission. 71, Lionel 1 The and been Jan. 1, with the the Securities this of amount below $74,000 or the 15 usual total issue and Ex-, outstand¬ outstanding Oct. 23, have declared extra an dividend of 10 cents quarterly dividend of 20 cents per share share, per The v share per for Request extension an SEC the July Retire Notes has March 14 for set company.—V. have 160, 1936, American tons of ore treated.. Gross value of bullion——.- Pry hearing a on 160, 1864. p. for and 100 National 111.—V. Bank 126, p. redemption fee mortgage at and & Co.. 1, sinking is Payment Trust 728. (63rd & Mary¬ 33 trustee, 1945, fund being No. total a bonds made of costs Operating Salle La St., Interest and Interest , . and Service loans dividends previously recovered miums, Trust from other charges and securities on applied to 1943 8,114,653 .. .departmental Rentals ) , 6,707,115 from bank buildings and income—.—: other for Fed, : ; —V-— Depreciation and for .losses: Oh 87,873 — profit Earnings —V. -ill $0.21 shares——-.- Y.—Acquisition— Lawyers Mortgage Corp., N. . President, Marston, Russell the mortgage that this company has pur¬ general real estate business of the $4,965,609 92,603 i " » ( < v\) » Corn, Mortgagee Realty of •, , i, i at ' . Fast 12 •/' - of Co. Trust Philadelphia, Pa., \ '. sales Net Costs —— _ and expenses.'— • 19'43 . / 36,393.130 322.201 U. 33,707,958 .< prof, tax credit 7.737.506 Cr773,751 contingencies ,500,000 9,561,741 and with 10.527.399 7.799.713 3,786,246 Cr.l ,952.240 14,793,459 1.461,187 :— - Cr779.371 surplus and at 906,324 $5,516,307 $4,328,758 real •' .r;:I ' dividends tl5,754,543 1,461.187 10,979,286 10,979f286 -' 17,850,460 1,461.187 15.684,693 - on 14,728.448 21,181,170 cost, less 1,612,119 ■ 3,682,954543,191 2,353,350 1,992,575 1,295,765 1,090,317 Previous surplus v—';4,; 2,352,986. surplus 59,545,975 .Earned surp., tEarnings per , ' a Dec. 31 share— ton 3,136.939 stocks shares 3,-314.070 53,015.969 61,898,960 59,545,975 $4.25 V. '■■■':$4.52 of common ' 800,000 ... 566,452 453,162 "2.475,230 "2,025,414 2,131,529 1,318,839 — V Provision Tor - taxes, interest, etc.— " Minority'interest in capital stock and surplus '•"'.-fof-constituent banks, trust companies and 704,578 52,311,391 56,330,038 53,015,969 $4.55 ■.'•-"■ $5.22 and, common B stock outstanding r ^affiliates^Lii^idi^iL!; Liability -on--acceptances!!-.—.: Other liab-lities,:>l!_r---'_L-i-__ 1,130.261' appropriated, to was in jforeign , tobacco a reserve companies. ,,, ( ^ .to apply V ..... ... against investment : V-, 1 .. ^ .. v-' " :. ~ — — ~ ~ ~ ~ 1,020,855 . a>1 nolzivf. degree as of soon and damage ■ possible. as of $2,500,000 to the $22,-' the to ■■;;; ■: . Redemption— March on 1, 1945, a total of 1953, at 102V2 and- 231 So. La Salle St., Illinois National Chicago, 111.—V. Leibell L. of approved properties of plans and Co. the 160, ' directed the ' U. District- S. Co. in North¬ Pennsylvania, to AllentownCo. for $1,425,000 cash. trustees to company, in 29 Edison in Harrisburg Gas parent Jan. Metropolitan Lancaster Counties, the of acquiesce Associated in the Gas sale.—V. & 161, 1944—Month—1943 1944—12 Mos.—1943 $511,700 $469,688 $5,916,697 $5,452,54: 307,011 349,026 3,169,750 2,944,25' 236,402 37,500 651,652 taxes 450,00 575,144 income Crl 17,544 profit taxes lieu* of 35,056 578,77 300,550 taxes__ 381,98 179,730 in 138,736 16,126 23,555 $24,552 '*$646,656 $48,106 $85,831 ______ 163,042. '"$901,136 '^254,480 $69,705 income t I $9.34,493 280,513 - ' '■ $653,980 ' Divs, 20,693 161, p. 20,693 5 .248,316 248,316 $49,012 $3,859 $398,340 $405,664- stock pfd. on Balance 111. Gas Service Corp.—To Split Shares— , '-Consolidated Electric & Gas Co. requested authority Feb. 5 from the SEC of to divide the 5.000 outstanding shares of common its subsidiary, Mobile Gas Service Corp., into without changing the stated value which par), Mobile's of shares 160, common deposited are p. under stock the is lien owned of 2406. its by (no par), shares (no aggregates $430,701. Consolidated and the collateral * trust indenture. I /. Mt. Vernon Car Mfg. This has' 300 refrigerator fourth quarter of Nathan cars. They are 1945.—:V. 161, scheduled p. for delivery Straus-Duparquet, Inc.—Preferred 6% cumulative convertible preferred stock ; asWts^j^v-,' V..:.,! $25.75 -in xvd:u . . .r The shares •- per & on Feb. the 9 offered Stock Of¬ 19,592 shares of ($25 par) at share. The stock is being sold for the account large stockholders. " » . outstanding of Co. during 112. fered—Allen 741,114.742 652,747,499 224,268,564 184,719,739 L Co.—Large Car Order— $ division of H.; R!. Porter Company, Inc., Pittsburgh, received,,from the, Fruit .Growers Express Co. an order for company, Pa., 6% capitalization of the companv consists of 24,944 convertible preferred stock (par $25) and cumulative ^ stock 100,000 621,773 reserves to write down '■ the and personnel, power Vice-President from 562 466 1,037,595,829;'- 903,734,786 —— applying'cfertain trustee, order Corp., of certain !;*Afier area range light, technical 516,8R0 deposits in >'V. f"' Manila Associated would and 1,268.981 - Demand; deposits. Time the of furnish funds 29.180,765 30,284.274 tFxcluries $2,141,309 representing net processing tax refund (par $25). which ,3,215.937 56,330,038 earned supply cost the Net income —V. 28.322,610 35,800,580 r V .Balance, to in revenue All • Capital notes •— Dividend payable and Co. directing Mobile ! — Reserves dji— Electric order an 3% 'x debentures due March 1, will be made at the Continental sale Gas excess —V. ts . 161, p. 465, 8,584,629 lbss stock !; ($5 jpar).j surplus,. on Manila aside set property—which Int. & other deductions 27,530,724 -d—1,037,595,829 903,734,786 Capital the court's 161.816!960 26,040,790 Cost, X:>v make "trade Help Utilities— 2,467,340 186,887,726 i_„ •.;:•■• from 9.—V. 12 subsidiaries, SEC" to order service Co., Vincent Gross 14,727363 acceptances—265,264 d've.; entitled by-law amendment increas-. a 1 g 8,301,141 than a will account account charging such amount against the balance of $126,797 in the capital taxes ; Capital 1.461.187 10,979,286 Cr ' 468,300 : not more off— •• . Federal . 10,673,457 at • Co. the President said the 10-year Provision 1943. ^ written of Payment Trust General Dec. 31 discounts-..-. estate, surplus $5,000.00 by Philippine Operating expenses Depreciation 25,955,516 600,952,479 478,352,460 . ihe and Mississippi Power Co.—Earnings— 184.016,991 181,765,003 than capital the leaving Period End. Dec. 31— - agencies-— more reduce and goodwill name, 569. Gross - securities . to $1,040,619; "trade have,been called for redemption for The p. 5.235,082 1944 securities frac¬ inclusive - Electric $35,800,580 $30,284,274 1 therewith to entitled t,f"'."v." Bethlehem $360,868 30,284,274 T '4V connection the of Manila ampton, Berks and , ! liabilities— , - 15.656.410 .r the depending Judge Court • banks. other. Federal buildings, rat .mot Total 8,287,242 ... Common of Customers' "liability 500,000 ;; • Accrued -interest. recelvable__^„_^_!_l:_ujQ.(tfLiUL .other Assets ■29,947 7,000 •lNet' income be- at Balance Sheet, I'iY : stock, Metropolitan.Edison Co.—-Court Approves Sale— 2,427 , 6,535,921 - ■ 9,475.856 : $1,387,266 amounts^written' off— bonds Pfd.. dividends capital treasury the bocks of the company at $5,000,000 on in asking Tegen, & • securities municipal bonds 'amounts 1,286,416 9,482,385 for and Other 31.240,311 1,377,333 excess Prov. Government Bank 854,419 1,612,906 tax__u_ Federal Post-war Dr43,527 >"«f hand .and on S. Other 30,385,892 36,715.331 cancelled... & income consolidated in '. as $5,750,000 patterns" its of is 2648. p. $358;440 deduct- surplus Bank 2,518 $1,430-793 Mortgages • Kpurch; 4,918 —__ - Loans 1,271,986 1,589,509 ' Federal ~ —.—I.!.: I State 32,900,661 807,297 and Company, There 19,464 1,019,614 year_;.-__^.-.^„i.ii^_.>. Obligations 33,336.109 .1% on 1,228,217 1,167,562 F. Fed. 1941 1942 283,840 ; —. Premium . 33,052,269 income Total Dr449,816 accrued-.—. Consolidated 347,258.297 294,351,573 275,103,588 339,881.258 309.617,605 260.222.695 243,445.710 — Interest and consolidated 'capital ..Assets— 37^,032-1)72 profit of end. of Cash 1,099,444:. Other income paid t»" Depreciation 'operating > • before —1 Balance-of will, >.«' .1944 477,732 res.) * surplus capital ginning.of year.—'—w'_ Liggett & Myers Tobacco Co, •(& Subs.)--Earnings— Calendar Years—... 1_1_ to $1,130,261 • transferred from itax surplus credits, net addition Balance ' ^nterest.—V. 160, p. 2648. t 256,696 (less, net reserves, , Balance until 12 o'clock noon (EWT), Feb. 14, 1.945, receive bids for the sale to it for account of the sinking fund of funding and improvement mortgage 4% bonds to an amount suffi-• cient to exhaust the sum of $7,498, at prices hot to exceed 106 and Philadelphia, Sts., asset increase of • 814.190 Dividends paid and accrued 17th and Chestnut' trustee, in from elimination restoration $50,000 of 2,132,388 (Dr\ gen. $376,964 ing dividends Lehigh Coal & Navigation Co.—Tenders Sought— The Provident assets to (held Master Electric Co.—Partial ' provision 41st v1;1 -«•«-5 an service—in 91,394 ..0 $4,874,214 :. Balance Net St., New York, and 31 Mamaroneck Ave., White Plains, N. Y.—V. 156, p." 1240'. offices stock account Electric Service interest. other interests, at- as responsible ($57,649,570 property. Tha higher figure is based upon a state of complete destruction, he said. Asked about commercial consumers of Manila Electric, Mr. Tegen said the National City Bank is ready to send its representatives to Manila as are the gold mining interests. ' : " The financing could be done preferably by making advances on. 10-year no tea; Mr. Tegen said.—^V. 157, p. 1182. v 30,473 - assets by 1944 Urbano A. Zafra, economic adviser to President Sergio Osmena of Philippines, appeared before the SEC Feb. 6 to support an Asso¬ ciated Electric Co. petition which would enable it to assist in the A. 549,855 Proportion thereof applic. to minority interests announces servicing and Realty Mortgagee Corp. and will continue to operate the newly acquired business at its own main office. 115 Broadway, New York, and at the former less in approved the following proposals: of common stock and $55 in and the account, account. Manila IQ.687,333 $5,241,258 Total ■ chased 1943, -Miscellaneous 536, p. recoveries, '■■ • loans and On r--—. shaie on 3,000,000 capital per 160, -i— —— 5 common surplus traction 17,840 $5,148,655- tangible submitted to. minority 16Q,s p.: 1738. approved by the stockholders was divestment 1,078,685 tax. securities Amount transferred Net The the 799,302 $17,593,853 $16,233,320 etc., net $63,251,141 shares 21,876 company goodwill 000.000, operating incdmei-_u_ realized of accounts to charge said $5,000,000 against the capital surplus account. The reduction in the capital of the company will amount to' $4,709,381, of which (a) $4,412,333 will be credited to the capital surplus account, which, when added to $714,464, being the present amomit in the capital surplus account, will make such account total $5,126,797, and (b) $297,047 will be credited to the'treasury stock 980,840 rp..;|-f Consol'dated 294,602 ____ appl cable 1943 —V. share, per the Associated 422,188 11,256,070 State franchise, inc., value by and 1,110,868 !! notes y;:> $1,002,438 — - taxes for book companies, Feb. on for patterns" carried as for — capital 30,284,274. $64,783,193 $59,986,179 shown as respective eliminate - 573,067 operating incomer_^ii__'—— Proportion applicable to minority'.interests $983,777 18,661 income Total $5 of To rehabilitation real : 1 expenses on Profits Provision to (2) > 1,038,060 operating i ! Net 1,048,564 y- basis; of year, eliminate Escudero 1,030,994 , Total —— investments. from Income the the 29,180.765 respect of said fractional warrants).;: to reduce the par value of the authorized common stock from $25 per- 297,505 813,451 « estate Proy. JS'S? ; 28,322,610 35,800,580 $5) 67,979 the , incomex_w-_— -.-V ^ - $453,162, 93,551 - Operating ——. 1,023,560 Manila Electric C6.—SEC Asked to $5 915,500. pre- 56,628,715 ' $6,023,627 ! amortize 1,000,000 unissued shares issuable in capital Calendar Years sale of bonds..——_ upon 3,673 1,400,000 com¬ ing the maximum number of directors to mortgages! $10,559 1,319.669 4,073 etc.— of two surplus ^ profit Operating $10,559 62,120,881 warrants name, ___________ —— ; — income 1943 1,247,681 . : on To possible the - for ' '■ •■ $553,452 taxes, each of account. dat3d at (Including constituent banks, trust companies and affiliates) Interest Interest ~ banks— payable stockholders (1) " . $34,200 of Bonds- Feb. on leasehold interest. only) ... tional share plan for liquidation: a Comparative Consolidated Income Statement 1944 1—— Midland - receivable i 31 The 4^ Marine Midland C6rp.^Annuat Other Ended. Dec, 31, Year Earnings for Company affiliates for "Valued Dec. Also Gold Mines, Ltd.—Earnings- Lamaque (Parent Shares and Eliminates Good Will Item— 2648. p. called been first of 1, Chicago, made by United. was Marine and Total common (Del.)—Hearing Set— land Bldg. Corp.), Chicago, 111.—Calls transactions to certain 31 Manhattan Shirt Co.—"Reduces Par Value of Common the on against $1.10 per share in 1943.—V. as Maryland Theatre & Office Building the business and working capital.— until extended has SEC Dec. $64,783,193 $59,986,179 capital April 6, 1945, the time in which to complete the liquidation and dis¬ solution of the company. La Porte Gas,- a subsidiary of United Light & Power Co., will sell its electric, gas and heat properties to Northern Indiana Public Service Co. and La Porte Heat Corp., a subsidiary of Northern. Northern Indiana is a subsidiary of Midland Utilities Co. The Commission approved the proposed transactions on Dec. 7, 1943. The $$313,607 1944 in, 1943), less amount 1944 and $1,020,855 in 1944 consummate 11,750,843 $215,393 •. banks interest officla's $10, Louisville Gas & Electric Co. Co.—Time Extended— La Porte Gas & Electric 906,324 $147,671 — ' Corp.—Extra Distribution of 10 Cents— par $1 was trust notes due. April 9, 1945, at, 102 and interest. Payment will be made at the National Bank of Detroit trustee, 660 Woodward Ave., Detroit. Mich., or. at the option of the holder, at the Bankers Trust Co., 16 Wall Ct., New York, N. Y. 4-V. 160. p. 1737. have Sheet, Capital stock« (par Capital surplus is both payable Feb. 28 to holders of record Feb. 5. Like amounts were paid on Nov, 30, last. Other dividends paid in 1944 were as follows: Feb. 29, 15 cents quarterly and 15 cents extra;, and May 31 and Aug. 31, quarterlies of 20 cents each. Total in 1344 10-year 37r collateral called for redemption on outstanding 1950, 15 banks: Reserves 1311. p, directors the stock, There the of 906,324 $59,106 $10,090 in each year for capital stock and franchise taxes. of $51,512 paid to subsidiary companies. (Deficit. ■'; Dividends repurchasing 1945, when available at 9944,' statement liled a On $1,123,000, was 1944.—V. of (The) KreSge Foundation of Detroit—To 1,019,614 — Capital stock of Employees'Service Corp ■ in reports company $34,300 All accrued Liabilities—' 1943, $20,987,138. ?185. & New York ER.—Repurchasing Bonds— company,, a change 161, p. 811. March in panies 883,580- 257,789,153 243,909,154 — reserves .of $4,473,163.—V. first mortgage the proceeds from the sale will be used by the corporation to retire $214,393 outstanding 3V2V notes due Aug. 30, 1S45; improve and- increase its interest in Co.; and for additional $1,437,230. 59,545.975 Net facilities; $1,121,717 S. Govt, securities, at par "Capital stock of constituent banks, trust 33,000,000 61,898,960 . J. —— Yv^After deducting of distribution of 65 cents a share has Kcystonb series "Kl" income preferred stock Central Specialty 80,000 $1,053,994 Total semi-annual plant 101,405. 35,000 U. !. 2,462,412" 23,653,100 reserves.. Earned 103,308 35,000 dividends Other 365,297 2,535,570 ; Special priced at $20 a share. of and Balance 21,829,050 55,500,000 taxes, 107,099 35,000 $1,078,720 Assets— Cash 365,296 payable.,-^—; payable (bank loans Notes 1,602,072 $1,613,644 111,568 surplus "Includes 12,886,600 : Accounts King-Seeley Corp.—Preferred Stock Offered-—Public ehlarge paid 268,471 payable—. 1,258,373 $1,260,025 ■;. profit Divs-. 56,927,075 payable.,—1 dividends 1,183,646 $1,196,093 expenses 21,496,400'." 56,927,075 ; 1,204,484 $1,225,288 Ci— 20,874,100 21,4.96,400 B—4_,__ .4—i—— interest Prelerred 10,383 bks„ and affil— income (■Includes stock— debt $6,183 Dr5,483. 819,106 - stock Funded (Walter) Kidde & Co.—Special Offering—Paine, Web¬ ber, Jackson & Curtis made a special offering Feb. 2 on the New York Curb Exchange of 2,734 shares of com¬ mon stock (par $5) at $23 per share, with a special commission of 65 cents a share.—V. 161, p. 311. assets cbnstit. cos. Operating 1,925,000 2,555,207 serially- stock Common $7,135 319 81,541 . ' '' $12,128 U.S. "Prov. for Federal taxes 25,935 8,250 1,662,500 company)^ 257,789,153 243,909,154, Common been declared on the fund payable Feb. 15, 1945, to shareholders of record Jan. 31, 1945. This compares with a semi-annual distribution of 60 cents a share paid Feb. 15, 1944, and one of 65 cents, plus a special of 55 cents, on Aug. 15, 1944.—V. 161, p. 464, - • from -Total 13,751,766" 22,103,858 (jsubsldiary 1941 1,249 sale of securities trust 14,448,736 1 charges preferred -7%: or. offering of 100,000 shares 5% cumulative convertible preferred stock ($20 par) was made Feb. 9 by F. Eberstadt & Co. and Watling, Lerchen & Co. The stock is only) Company 1942 3,001 , 22,167 Liabilities— Keystone Custodian Funds, Inc.—65-Cent Distribution regular (Holding $19,554 from Govt, Div. 198.254,097 3,001 fup Total for • No(e—The* 31 1943 ' 1. 1 Balance, and cash excise taxes, pa d to -vendors of mater a's and services instead directly to taxing authorities^ and customs dut es.—V. 161, p. 568.. Dec. 1944 ,439,005 op. Post-war. credit are Ended Interest .. receivable Accounts receivable ■ receivable notes Years Statement, 1943 6,794,597 '• feeeivable Notes ■" f $ . subsidiary company_____^._ foreign, tobacco; companies i d'scounts and amounted to' $653,512 in 1944 and $597,221 in 1943. t After deducting from in¬ ventories amounts b lied on uncompleted contracts of $1,875,504 in 1S44 and $4,801,665 in 1943.- -^Properties and p.ants are slated at cost (except for the inclus'on of net revaluat'on increases by sub¬ sidiaries or their predecessors, prior to the ■ organization of the present parent company, of $4,316,995 in mineral properties), less reserves for dcplet on, depreciat on, and obsolescence of $37,373,293 at Dec. 31, 1944 and $36,170 864 at Dec. 31, 1943. "Common sto k is without, par value. 1,000,000 shares are authorized of which 850.000 shares have been issued and are outstanding.. The stated va'ue has been-' increased to $34 000.000 ($40 per'sharei by transferring $14,379,893 from capital surplus and $2,620,102 from earned surplus. of amounts A in 14 379,898 - Dec. '■ $74,225,488 $78,660,466 ; Total '. tobacco, tStocks in 3.000,000 , 20,504,282 —— •'$>\ *:•/'.-''. Leal Stocks , 3,000,000' '.*•.• surplus 349,007" 6,312.024 —— ' . Sheet, 1944 834,00^1 34,000,000 ___ surplus. V5'-'-'!>x\ .v 671 ' 440.367 v 7,176,104 • Balance Assets—i "Real estate, machinery and fixtures Brands, trademarks, goodwill, etc. 837,185' 4 853,831 : Consolidated /• . $8,478,556 $6,675,917 Accounts ; CHRONICLE ' J 672 outstanding. shares of stock are 56 company, ■■■' • Shares' . i 1942 1941 Aircraft 446,474 477,274 percent follows: 1943 in terms of Dec. 31, 446,474 6,865,227 477,274 7,957,117 Dec. Portfolio—Classification of assets on Accessories and Airline Other Account, Years Ended Dec. Income 1943 1944 Total Profit 3,221 $404,645 $434,124 87,029 79,924 97,120 $307,187 $295,997 $324,721 $337,004 209,170 303,149 *2,789 10,174 $516,357 $599,146 $321,932 $347,178 52,484 33,090 26,236 16,563 77,252. of sales from Profit securities (net) _ — ——! Profit inc. Fed. tax se¬ on curity profits 14,624 $463,873 Dividends $566,056 $295,696 334,856 297,042 1944 banks and on hand, $536,815; U. S. Government securities (at cost), $900,366; stocks in portfolio (market value $7,815,- in National Aviation Research Corp. (75% and interest receivable, $4,152; deferred dividends $50,000; owned), total, $7,225,350. charges to expense, $1,500; 369; $7,782; reserve for taxes, payable and accruals, Liabilities—Accounts paid-in surplus, $4,139,£>r$243,127; earned sur¬ $7,225,350.—V. 160, p. 1739. capital stock ($5 par), $2,386,373; treasury stock (30,800 shares—at cost), $57,978; plus, $876,975; total, mechanical NOTE——For possible order. reasons alphabetical National Candy Co., Inc.—New DirectorObear-Nester Glass Co., President of the director.—V. 161, p, 570. Nester, K. 1942 227,719 75,869 68,014 ry. corporation has called for redemption on March 15, 40,000 shares of its 6% preferred stock at $12.32V2 per share. ment will be made at the Bankers Trust Co., 16 Wall St., New N. Y.—V. 161, p. 211. next, Pay¬ York, Newark, N. J.—New Pres. Esty Poster, formerly Executive Vice-President of this company, and who for three years has been with the War Production Board in Washington, has been elected President to succeed Cyrus H. Loutrel, of the board.—V. named Chairman The 1944—3 Period End. Nov. 30— 136, p. 1030. the of with together bonds the of all of owner stock for $5,000,000 outstanding common Federal k, 11,371,407 2,801,407 1,151,514 '-,- taxes taxes 11,407,498 2,693,158 1,114,630 expenses „ 44,096,704 4,453,1£$>, 4,976,956 stock $4,755,295 revs oper. </ 6,421,439 6,491,685 Agricultural int. 6,266 17,966 34,784 (net)— Income Gross 26,975 20,708 123,348 $4,793,664 —— public, to distillery-— & . Automobile— 81,278 $4,602,666 $18,027,549 $18,256,312 Building supply Business equipment 5 11 8,045,230 8,317,215 2,065,905 2,053,585 Chemical $2,727,759 1,304,303 $2,549,081 1,321,896 $9,710,334 $10,211,082 5,240,545 5,289,354 divs. $1,423,456 pub. to $1,227,185 $4,469,789 „ stock Insurance Balance 5 7 10 8 — equipment —— Food Machinery Merchandising : ; $4,921,728 Oil 6,143 1,719 253 501 interests— Railroad equipment of equity of income $1,422,955 subs.— of equity $4,468,070 $4,915,585 Inv. Fund— •Initial dividend. company $1,422,555 369 $1,226,932 381 $4,468,070 603 $4,915,585 468,881 $1,423,324 90,856 income $1,227,313 ^$4,468,673 80,247 332,924 $5,384,466 345,426 Note—The dividend V. Total Exps., excl. taxes (exclud. taxes Federal —950 Int. 1,244 3,446 t20,393 3,801 income) Other 4,579 324 19,313 187 53,000 19,987 1,531 39,299 taxes deducts— other Sp Federal . 2.3C0 tax income 161. dividends policy from a 10 8 8 8 12 7 ■ • Earns, Balance or $1,325,417 surplus.^ $1,140,919 $4,998,616 whether $4,059,803 requirements applicable to respective periods 'Full dividend unearned. of $25,500 over-provision for Federal capital stock tax applicable to the nine months ended Sept. 30, 1942. credit tNet after adjustment Statement of Income Comparative • 1944—3 Period End. Nov. 30— Total excl. Exps., Federal taxes Federal ' — 'Net income credit 3,801 V tax— ;4,579 ' . • 161, adjustment of .- t$50,444 $25,500 345,426 19987 l'531- 53,000 " $1,182,067 39^299 $711,820 for 8 10 p. 312. Oil Co. The Net above.—V. 161, p. 312. In paid directors IV/a also cents March 9—V. 160, p. $2 share on preferred revenue— retirement..,, on payable April 2 to 2650. 7 declared stock on Sept. 1, $8,705,372 324,732 $9,256,795 297,404 $8,904,941 273,928 $9,083,456 $9,030,104 1,533,390 $9,554,199 $9,178,868 14,649 1,591,846 15,654 1,595,090 16,533 Cr55,382 Cr26,231 Cr40,889 CrlG6,610 sub. $7,668,423 1.337,255 $7,508,296 1,336,676 $7,987,587 1,341,536 $7,727,859 1,346,027 int.— 132 114 117 117 u $6,331,037 $6,171,505 $6,645,935 $6,381,716 1,000,000 1,000.000 1,000,000 1,000,000 stock 4,825,893 4,825,893 4,825,893 4,825,893 Remainder to surplus $505,144 $345,612 $820,042 $555,823 Amount per shr. applic. to common stock— $3.31 $3.21 $3.51 $3.35 on. 1,453,883 debt— funded interest , 22,529 Interest charged to con¬ struction * ' divs., of divs. stock Com. , before inc. Net stock, min. Applic. to Pacific Ltg. General Sales stock pfd. on Divs. with Westing- ; of 75 value stockholders of record V' ——;7 Dividends— the usual last 9,305,039 6,322,055 $8,751,924 331,532 Total Int. Other Products Cor¬ each of the last seven quarters. declared the regular quarterly dividends a share on the 6% and 5%% $50 par Feb. 1941 $48,681,963 24,149,928 (net) on com. 160, p. ' • 2299.', Park & Tilford, the $2 preferred stock, (& Subs.)—Earnings— 1944 1943 1942 $63,944,017 $57,008,947 $54,008,363 29,785,702 28,078,666 26,606,973 17,862,242 13,109,156 11,441,328 7,544,149 7,115,753 6,703,268 revenue.— oper. Other income Pfd. V semi-annual dividend of value, and the regular quarterly dividend of $1 per share on the $4 prior preferred stock, no par value, .both payable March 1 to holders of--record Feb. 15. An initial semi-annual distribution of $1 per share 'was made on the per shs. outstanding 70,000 com. $2,327,746 105.852 $1.19 $3,054,267 110,883 $1.26 Div. in Pacific Gas & Northeastern Water Co.—Preferred The directors 1943 1944 expenses for Prov. 6 preferred stocks, respectively, $1 Tex.—Stockholders Receive was Feb. on (Wis.)—Earnings— ... Taxes of Subsidiary— been elected President of Polarized wholly-owned subsidiary. He was associated & Manufacturing Co. for over 30 years as of its Lamp Division—V. 161, p. 313. and on dividend in April, 1407. oper. Operating 25 on Aug. 25. last, marked a change in semi-annual to a quarterly payment basis.— Co.—Common 868,416 for 12 months ended Dec. 31, 1944, — sh. per Gross declared a dividend on the common stock, payable in the form of common shares of the Pacific Gas & Electric Co. at the rate of one share" of Pacilic Gas & Electric for every 100 shares of North American common stock held. The dividend will be paid April 2 to 'Stockholders of record March 2, subject to approval of .the SEC. In lieu of fractional shares of Pacific Gas & Electric stock, cash will be paid at the rate of 36 cent.s per > share of North American common, based on the current market price of approximately $33 per share of Pacific Gas & Electric. A similar cents 1,946,994 historical earnings Pacific Lighting Corp. 10 15 15 18 paid a directors dividend 1,995,667 div. Corp. North American Federal* applicable to the nine months ended Sept. 30, 1942. Navarro Oil Co.. Houston, Continental *20 187 over-provision Offer for Shares— See $1,097,1670 44«? 19,313 324" ,f -7.■ 2,300 $62,975 after capital stock tax tDeficit.—V. Mos.—1943 ITS 1.2* 4 deducts.. income Net $35,950.,.$1,590,937 ~ 80,247' • i 332,924 9*0 other & " (exclud¬ taxes taxes Other (Company Only) Mos.—•194$'"";"'l944—12 90,856 , income) ing Int. $160,882 income stock & surplus,. $2,436,281 592,165 1,844,116 Calandar Years— Electric Co. Stock— The $2,416,582 469,588 Drl7,336 1 —V. 160, p. —V. earned requirements,. $2,423,167 427.500 — stock Net Income — — house Electric Manager $3,304,697 Oshkosh B'Gosh, Inc. 20 10 34 Snyder has E. A. $3,163,070 746,487 Calendar Years— Divs. poration, $3,109,070 685,902 — Net sales 20 19 7 4 Electric Corp.—President Noma 1,613,880 $3,275,804 28,892 'Represents 313. p. 1,768,462 $3,180,406 for com. Balance 11 13 J 20 16 6 12 13 17 14 1,768,462 deductions Preferred 10 22 '5 12 *10 Tobacco . above) (as Other $1,226,932 Diversified . . $3,126,406 (net)—.——»—Drl7,336 Net income 13 3 10 9 7 i;. 6 5 ' 9 5 Steel in Co. ___ «. Gross income 30 12 33 8 — _ tax„_ accruals. reserve Other income Income Actual Actual operating income.—. Utility the first 12 6 12 6 utiltly Railroad Nat'I Pr. & Lt. Co.: Retirement and surtax profits tax— 1943 1944 *1944 $15,352,361 $15,352,361 $13,462,962 6,067,395 6,067,395 4,657,084 457,621 457,621 387,828 • 914.476 914,476 908,363 1,240,000 .1,231,000 1,053,000 1,651,000 1,606.000 1.443,000 127.000 127,000 124,000 adjusted to reflect changes in taxes, interest and preferred requirements for a 12 months' period due to refinancing 1944.—V. 161. p. 466. 3 - - Public to applicable minority Net excess Income specified by Co.—Earnings— — normal bids on the bonds 8 Metals Balance Portion 10 9 10 the purchase as a whole bonds, series due Feb. 1, rate is to be interest The 19. revenues Federal used to redeem, at mortgage 3%% bonds funded debt.—V. 161, 6 .27 7 4 12 6 11 15 6 14 16 7 Electrical etc. deductions •Preferred . Bank stock Invitation for 161, p. 313. taxes par value common i4;'111 13 6 ; February on General Inc.—Distributions— Aviation 3,585 (net) income $4,569,425 $17,886,235 $18,154,326 of lease from Net Time, bidder.—V. Maintenance 7 -——;——Payable per Share———1—— 2-26-45 11-23-44 8-25-44 5-25-44 7c 17c 8c 14c Industrial Series— 9 issued proposals for $35,000,000 first mortgage of Operation of comparison): claimed within six the proceeds, Ogden proposals will be received by the company at Room 1100, La Salle Street, Chicago 4, 111., up to 11 a. m.. Central Pro Forma first (see Alcohol plants Stocks, $3.75 for the shares at the notify the persons entitled to Bonds— Oklahoma Natural Gas directors have declared the following dividends on the special this corporation, payable Feb. 26 to holders of record Feb. 5 column below—-with three previous payments shown as The $82,394,333 41,142,793 11,992,624. ,11,698,819 • 1,564,995 1,622,049 . New York would 12 Mos. End. Dec. 31— 466. (& Subs.)—Earnings— Mos.—1943 1944—12 Mos.—1943 $21,556,539 $21,494,839 $84,920,377 revenues Property retirement reserve appropriations- Net War other funds, will be accrued interest, $55,000,000 first the corporation's sole outstanding 1964, than less Ogden shares Such South 231 to Niagara Hudson Power Corp., shares. Proceeds from the sale and $107.25 sale Feb. on issue an Federal P. S. Commission held a hearing Feb. 7 on corporation for authority to issue $50,000,000 not bid will the Alter Company 1975. 2,806,114 Light Corp.—Hearings Held Feb. the sell to and due Subsidiaries:: Operating Operating Other 1,690,031 York New National Power & Light Co. Net 1,499,935 As of Dec. 31, 1944, 54,000 Oklahoma Gas & Electric Co.—Public 4,222,939 2,982,167 mortgage bonds and 50 000 additional shares of no stock. The company proposes to seek competitive p. Rent 2,888,322 1,421,162 2,731,381 it said Purchase of $35,000,000 of application hearing on corporation's Unless their pro rata shares are years, they will Jose their right to make claim to said.—V. 161, p. 211. Proposed Financing— on petition National Lock Washer Co., was New York Power & it proceeds. State The Other 1,135,076 income— 1,555,014 161, p. 112. ^ oper. to Ogden the •Deficit.—V. tion— Scheduled— 15 for a auction all common stock unclaimed by persons under the plan of reorganization of Utilities Power & public Operating ■ set Feb. at auction. $213,870 82,804 82,192 2,973,157 1,185,780 railway.— from Corp.—Partial Redemp¬ Stores National Department to Light Corp., predecessor of Ogden. remained unclaimed. 1941 $224,030 99,130 income— railway from Net Net who 1943 $232,071 32,154 railway oper. ry. Gross business proposed SEC has sell entitled From Jan. 1— has heating Northern The to the 1944 railway from from Net applied has company steam 1944, of $231,401 '66,079 December— Gross Net Joseph to the SEC to approve its acquisition of of Willow River Power Co. In August, acquire all the property of the Willow, excepting cash on hand and a claim against the U. S. Government now in litigation, for a total of $840,000, subject to adjustments. The Public Service Commission of Wisconsin and the Federal Power Com¬ mission have authorized the transaction.—-V.. 161, p. 112. the Earnings— Connecting RR.- Feb. 3, 1945, kwh. for the 161, p. 571. (Wis.)- -Proposed Acquisi- Northern States Power Co. a New York alphabetical of tion— hearing on company's amended plan of reorganization, Feb. 6, the SEC announced it has denied the motion of three stockholders' groups asking that NEPSCO be required to sell immediately the five textile mills among its seven non-utility subsidiaries. The Commission's denial was made "without prejudice" and pointed out that the objecting groups "will have ample opportunity to file alternate plans for suggestions for alternate plans and to offer evi¬ dence in support." The groups whose motions were denied are State Street Investment Corp. and the George Putnam Fund of Boston, including Fidelity Fund, Inc., Carl P. Dennett, James W. Moss and Harry S. Middendort, which were represented by John N. Worcester; and Russel S. Stearns, represented by Arthur E. Whittmore, Boston. All are substantial hold¬ ers of the prior lien preferred^tock.—V. 161, p. 313. At output Ogden Corp.—Hearings Immediate Sale— (Del.)—Weekly Output— Co. this company for the week ended 47,623,000 kwh., as compared with 42,435,000 corresponding week last year, an increase of 12.2%,—V. Denies Motion Jof Three Stockholder Groups Seeking Requirement position as possible. been elected a 1635. totaled it is not always to arrange companies in exact However, they are always as near was p. Electric week ended Feb. 2 this Association England Public Service Co.—SEC New in 344), $5,732,516; investment to be Northern States Power P.. 571. f.-; Dec. 31, 160, The 262,501 Balance Sheet, order 1942 V. England Power Association—Output Up 2.66%— The Association reports number of kilowatt hours available for its territory for the week ended Feb. 3, 1945, as 67,389,863, compared with 65,643,073 for the week ended Feb. 5, 1944, an increase of 2.66%. Comparable figure for the week ended Jan. 27, 1945, was 67,072,260, an increase of 1.05% over the corresponding week»of 1944.—V. 161, •Loss. .Assets—Cash acquired by Northern Natural, because of th parent company. for a modification of the recommended by the Public Utilities Division staff.— permitted were they were related to the "principal business" Disapproval of Northern Natural's request New $330,615 334.856 - changed gas proval, 161, p. 571. V. f income Net 1941 $419,500 $383,025 — — _ *$5.30 t$4.87 '$1.49 t$1.21. because The and reports electric output of 13,200,189 kwh. This is un increase of 540,631 kwh., or 4.27% above production of 12,659,558 kwh. for the corresponding week a year ago. Gas output for the week ended Feb. 2 is reported at 182,251,000 cu. ft., an increase of 28,024,000 cu. ft., or 18.17% above production of 154,227,000 cu. ft. in the corresponding week a year ago.— 31 6,121 Operating expenses of "changed conditions." conditions relate to certain gas transmission facilities purchase contracts which Argus owned at the time the divestment order was issued and which later, with Commission ap¬ $3,279,885 $10,751,369 $11,698,362 - England Gas & Electric Association—Output— For the 22.6% $384,439 —»—,— 1,753,581 on New 17.7% $402,650 1,995 received Interest 26,350,000 2,206,267 shares. tBased on 2,206,392 shares. JAfter deducting cost of sales, selling and general expenses, etc. SAfter all charges, including provision for retroactive shift differentia and vacation pay amounting to $2,000,000, estimated to be due in ac¬ cordance with a War Labor Board directive.—V. 160, p. 2076. •Based 24.2% 1942 , $379,805 $378,318 received divs. Cash profit profit per share on 2,206,392 shares 35.5% 14.9% (net) securities and receivables Cash, U. S. 17,200.000 1943 38.6% 32.2% 14.3% • 7,950,000 $2,670,396 Net and 1944 31, 1944 . . 3,050,000 —- Net . — — Investment on $19.03 15.82 15.11 14.38 16.67 ——— — 1940 14,463.646 1,724,554 13,702.076 436,746 and Per Share 7,066,239 6,746,140 1943 ', . 3,598,932 429,270 Net'Assets - . Commission modify its order of April 14, 1942, requiring the company to divest itself of its interest in its wholly-owned subsidiary, Argus Natural Gas Co. Northern Natural is now asking the Commission to permit it to retain Argus on the grounds that through inadvertence and misappre¬ hension of the issues leading to the divestment order, it did not apprise the Commission of all the lelevant facts concerning its system, income for. Fed. Prov. taxes 446,474 $8,497,980 1944 and Outstanding Net Assets Dec. 31— ' argument, the advisement, Jan. 31, after oral SEC took under request of company that the • 3,724,484 depletion charges— prior years were: the close of several 1 ' figures at comparable and deprec. for Prov. Interest assets on Dec. 31, 1944 indicated value of net Asset Value—The ' ■ $9,874,150 $15,265,563§$44,139,569 $53,504,019 divs. Corp.—Annual Report- National Aviation " and , ' ify Order— The and XProfit from oper. income from int. in the p. 312. and its subsidiaries are principally engaged manufacture of commercial'types of kitchen equipment.-—V. 161, The 1944—3 Mos.—1943 Period Ended— Co.—SEC Studies Plea to Mod¬ Northern Natural Gas (& Subs.)—Earnings— ' v 1944—12 Mos.—1943 Steel Corp. National In addition, scrip certificates representing in the aggregate common stock. preferred stock 125,000 shares (no par) fractional shares of for 1945 ' Monday, February 12, FINANCIAL CHRONICLE -THE COMMERCIAL & . . no par year.—V. 160^ p.fl 2299. Stock— • ■ Inc.—Stockholders Charge Rigging of • - , £ : - , . , . ; Exchange Act of 1934 were>j invoked in a suit filed Feb. 6 in Federal Court by a group of 16 stockholders of the company. The complaint named as defendants the corporation, David A. Schulte, majority stockholder, and the co-partners of the brokerage firms of Ira Haupt & Co. and Strauss-Phillips & Co. It was alleged that the delendants had participated in a conspiracy to acquire large amounts of Park & Tilford common stock, and. to effect the sale of the stock. The sale brought the defendants a profit of $7,000,000, according to the complaint,, and was stimulated by the circulation of false rumors that the corporation would declare a Provisions of the Securities dividend in whiskey. The value of the stock rose September of 1943 and May of market from $17 to $9R.50 a share 1944, it was set forth, at the corporation's subsidiary, the Park & Tilford Import Corp., announced that Park & Tilford stockholders would be permitted to purchase whiskey preferentially. The plaintiffs asked damages of $110,601. This was said to repre¬ sent their losses from trading in the stock, the price of which has fallen far below 98.—V. 160. p. 2651/ between time that the (Continued on page 706) Volume Number 161 673 THE COMMERCIAL & FINANCIAL CHRONICLE 4359 Stock and Bond Sales New York Stock Exchange «» lilliltlSli^liSS^AILYl-HWEEKLYl- YEARLY disregarded In the day's range, unless they are the only transactions ot the day. No account la taken of snch sales in computing the range for the year. NOTICE—Cash and deferred delivery sales are United States Government Securities on the New York Stock Exchange Below furnish we a Feb. 5 Feb. 3 Daily Record of U. S. Bond Prieee point. Feb. 8 Feb. 7 Feb. 6 - 1 ■ 1 Feb. 9 4%S, 1947-52 D. S. Bond Prices Daily Record of [ High - treasury 2 Vis units in 2 Total sales In $1,000 units. \ 2y4S, 1952-55. ———j Low [Close 1 ■; 113.6 2</«s 1956-59 Total sales 101.17 101.17 101.17 [Close 101.17 1 Total sales In $1,000 units (High 2s, { Low 1947 I (High 2s, March High { 1948-50 low (Close [Close Total sales In. $1,000 units units rHigh (High (Low 2%s, 1951-54 \ 2s, Dec. 1948-50 Low [Close (Close Total sales in $1,000 units units [High (High { Low 8s, June, 1949-51 ( Low [Close 2%8. 1956-59 [Close Total sales in $1,000 units Total sales in $1,000 units [Hign , Is, (Low 2%S, 1958-63-——— 1949-1951—. Sept., Total sales In $1,000 units , fHign (Hign ( Low 1949-1951. la, Dec., {Low 2%8, 1960-65 (High i—{ Low [Close [Close Total sales in $1,000 units [Close [Close Total sales in $1,000 units. $1,000 units A L°* (High ■ 1950-1952 March, 2s, IHigb -{ Low (Close Close Total sales in $1,000 units— units 2s, {LOW 1948 (Close Total sales in $1,000 units (High. 2s, 1951-1953 Low . [High { Low [Close [Close Total sales Total sales in $1,000 unite In $1,000 units High 108.2 (High ' 1951-55 Is, 108.2 fLoW — { Low [Close 1950-1952 Sept., Total Sales In $1,000 units — S%8, 1949-53 vn-yy-iHigb //r-/- (High [Close Total sales ' !■■; units Low ■ 108.2 [Close 3* In $1,000 units 101.16 101.15 Total sales 101.16 units in $1,000 units High 101.14 Low 101.14 Close 101.14 f High 1952-54 2s, Dec., j Low [Close Total sales ... ■ J High 2s (J[«W ■•■■■ , { Low 1953-55 [Close (Close Total sales Total sales in $1,000 units (High I %S, I%S —< Low 1963-1968——. Total sales in $1,000 Low 101.17 io units Home Owners Loan [High il .lVaS, 1945-1947 Total sales in 101.13 101.15 101.13 101.15 101.14 101.13 101.15 1 $1,000 units [Close Total sales LOW Feb. 5 Feb. 3 $ per share 61 RECORD 114 *59% 12% 71 . 62% 13 71 $ per share share v • 62 62 62 61% *112% 114 *1121/2 114 63 *59% 63 *59% 12% 12% 12% 13 70 % 71 70% 70% 15% 15 15% 14% 34 33% 23% 24 41V2 41% 41% 7% 3% *96% 7% ♦183% V 99 14% 24 2,000 6,200 Air 7% *184 99 7% 187 *96% 7% 187 99 *96i/a 7% 7% .3% 3% 3% 105,700 40% 25,200 3,500 6,400 41 41% 40% 41% '40% 41 39% 61% 61% 61 6 li/4 29% 29% 29% 29% 29% 29% 29% *93 96 15% 16 159 159 96 15% 159 *93% 15% 1581/a L 96 *93% 96 15% *15% 15% 159 14,700 3% 193 3% 29% For 99 7% *188% 3% 29% 32% *96% 7% 3% 3% 29% 32% 99 187% 7%, 1581/2 158% *16% 17% *93% 151/4 158 20 1,600 168 1,900 17 700 " 32% 17% 32% footnotes see page 683. 17% 32% 17% 32% 17 32 17% 32% 31% 32% *16% 32 32 4,300 2 112% Jan 30 15 60 Jan 15 3% Jan 2 13 Feb 3 Jan 2 80 Jan 1 53 1 Par 3% Jan 2 15% Feb 5 2% Jan 24 34% Jan 10 2% Jan 15 par 9% Jan 2 100 B% Jan 22 „—10 6% Jan 100 3% Jan 1 2% Jan J00 —2.50 25 i No No Albany & Susquehanna RR Allegheny Corp 5%% pf A with $30 war $2.50 prior conv preferred-No par Alghny Lud Stl Corp No par 100 Chemical & Allied Kid Co Allied Mills Co Inc 0 3 Dye Feb 64% 114 108% Nov 47 - Jan 8'/a Aug Dec 10% Dec Jan 66 Nov 10% Jan 14 Dec 12 26 % Jan 33 Feb 5 19% Jan 24 % 42 Vs Feb 8 37% May 24 75 " Dec Oct 43 July 100 Dec 2 7% Feb 2 187% Feb 8 124 Jan 24 3% Feb 5 2 Mar 4% Jan 22 42 V8 Feb 5 23% Jan 36 Dec 6 Jan 23 63% Jan 5 37 Jan 62 Dec 8 Vs Jan 24 29% Jan 11 24 % Apr 29% July Jan 11 70 Jan 1 2 par i3% Jan 2 15% Jan 2 100 Jun Jun 64 22 L3% Jan No par Highest t per share 10 3 No 1944 Jan 1 Allen Industries Inc Allied 52% 63% Jan 17 & Alleg & West Ry 6 % gtd 96 15% Alaska Inc_«.w. Vicksburg Ry Juneau Gold Min Alabama 187% 187 Reduction $ per share share 22 Corp_... Address-Mutigr 42% 29% 17% . 41% 62% 158% Express Corp—<*. 24 62 17% Adams Adams-Millis 42% 62% 159 400 23% 62 159 - 41% 62 Vs *16% 33 17,100 14% 33 Co I per Jan No par Co 23% 62 1 14% 34 Steel 42 41% 15% 15 *32% Acme share Lowest • 1% Jan 100 Motors ACF-Brlll 24 *96% A 7% 3% *93 900 41% 62 96 29,500 71 23% 42 15% . per Highest 0% Jan No par • preferred 24 61% 15% 4% Abraham & Straus 12% 12% I Par Abbott Laboratories 61 *112%. 114 62% *591/2 *70 Lowest EXCHANGE V Year Range Since January 1 STOCK Shares 41% 41 29V4 71 YORK 41% 42 Vs *92 12% 71 $ per share y NEW the.Week Feb. 9 61 for 24 v 188 3% 62% 12% 33% 41% 62 *59% 15 34 23% 99 13 61 ( *;12% 114 71 34 14% 23% 187 12% *70 61% - ; $ per share 63 14% 3% $ per share 114 33% 7% Feb. 8 Sales Friday Thursday 7 61% 14% *96 % . *59 % *32% *183 Wednesday Feb Feb. 6 Range for Previous STOCKS HIGH BALE PRICES *112% 61 *112% $ per AND Tuesday Monday $1,000 units in lot sales. ♦Odd 10 NEW YORK STOCK Saturday f Low 101.14 2 — 101.14 ( Low (Close 1964-1969 in $1,000 units 101.17 (High 2%s, Dec.. sales 101.17 | Close ( (High 1948———————f Low Total -- (High 2%s, June. 1964-1969 In $1,000 units [Close [Close Total sales In $1,000 unite—— 4 in $1,000 units f High —, 101.16 101.15 [Close [Close units 101.15 Low 2s, June, 1952-54-——....—( —{Low l%8, 1956-58 ■ — [High (High 2%s, 1962-67 . [Close Total sales in $1,000 units 1 j^LoW 2%s, 1948-51 in $1,000 units 101.17 101.17 (High Low [Close 11 ] LOW Total sales tn $1,000 v'. i High 1 .; 113.6 . 2%s, 1945-47— Total sales In $1,000 1 f High 113.6 [Close Total sales in $1,000 units. 2%S, 1952-54. 1 Total sales in $1,000 units.....—. — (High { Lo« 2%s, 1955-60—.——— Total sale? in $1,000 — tJ 1 1 ......J Low /A;// [ ClOS0 2V*B, 1954-56 [Close 2%s, 1950-52 1111ii1i 11 1 1 — f [High —{ L°w Total sales in $1,000 units. SttS, I 1I- 11 Low Total sales In $1,000 units units Total sales In $1,000 i (High j Low [Close fHign Total sales in •:» i — [Close • Total sales In $1,000 units.. — fil ii I I. 2y«S, 1951-53 Low Close . 10 f High Total sales In $1,000 units.. Total sales In $1,000 101.15 * 3y8s, 1949-52 Total sales In $1,000 101.15 lQt.13 Total sales In $1,000 units High 3s, 1951-55 101.15 101.13 101.14 —J Low [Close 2Vis, 1967-72 Close $1,000 units Total sales In $1,000 3 101.13 101.14 - (High Low 3%8, 1946-49 6 5 High 3s, 1946-48— 101.13 101.16 Total sales in $1,000 units i V-u Total sales in 101.13 101.13 5 101.14 \ Low [Close Vis, 1966-71 Feb. 9 101.16 101.13 ' : [Close Feb. 8 Feb. 7 101,16 101.13 '• — $1,000 units ("High (High .{ Low { Feb. 6 101.13 \ LOW [Close 1965-70 Total sales 3%8, 1946-56 Feb. 5 Feb. 3 , f High [Close Total sales In $1,000 current " ^ - . j LOW Treasury York Stock Exchange during the daily record of the transactions in Treasury and Home Owners' Loan coupon bonds on the New Figures after decimal point represent one or more 32d of a week. 91% Feb 1 Feb 5 Jan 18 17% Feb 5 16. 164 5 % Jan Apr 9% Jan 141 Apr 7% July 181 3% 91 Nov Dec Dec 15% Oct 157 Dec 13% Mar 16Va 29 35% Mar Aug Feb Monday, February 12, 1945 CHRONICLE COMMERCIAL & FINANCIAL THE 674 RECORD NEW YORK STOCK Range for Previous Year 1944 STOCKS HIGH SALE PRICES LOW AND Saturday ,/ Feb. 3 5 . 5 % 5% 47% 48% 121% *119% 120% 29 29% 28% 29 44% 44% 24 % 29% 29% 29% 29% 44 '/4 44% 44 y2 45 % 24 % 24'A 24'A 24% 70 70 18% 44 "A 44% 71 iJ - 28% 1,800 Amer 43 43% American Airlines 25% 24% 25 8,600 5,200 72 70 71 id% 17 % 17% ■A 3,700 44% 3,1C0 24% 44% 132% 44% 44% 44'% 12% 13% 12% 13% 12% 13 12% 91% 91JA 90% 91% 90 % 91% 90% 91% 187% 189% 42% 42% 98% 125 *15% 15 % 19% 19% 117% 117 117 123 '/a 123% 124 *15% 16% 19% 19% 19% 5 3 2% 33% 32 32% 32'A - 22% 40'/a 30% 27 27 133 *131 44 44 44 Z; 31 14% 65% 61 61 60% 61 *177 13% 18 17% 18 82% 82% 20 19% 19% 18% 19 19% 19% 19% 18% 36 % 36% ,45 45 *153 156 30% 29% 17% 17% i is 18 Va 24% 24 Va *24% 25 50 VB 50% 132% *32 32% *31% 161% 162 68 69 68 Va 69'A 69 Va , *149% 149% 15% 16'A 16 46% 46% 9% : 103% *101% 111% 112 *110% ' 64 *61% /61% 47 119% 9% 9V8 103 112 6% 63% 31% 31% 31% 31% 31% 45 45 44% 44% 44% 27% 27% 27% 112 *61% 31 27% 11% 6!A : 200 *153 27 Va 31 168 *44% 45 32 162% 162% 17,000 70 69 Va 69% 1,800 70% 5,700 70 70% 149% 15% 149% 46% 46% 119% *119 " 104% 31% 45 44 45 27% 27% 27% American Viscose 5,buU lo»/ lx_ /a• 4, $5 prior conv 31% 30% 45 31% 44 % 21.800 44 1,420 Attaconda 27% 27% 27% 2,500 2.800 A *113% 116 *114 116 *114 116 *114 *13% 14 *13 14 *13 14 *13 5% *5 5% 5 *54% 55% 54% 55% 8% 8% 8% 8 Va 114% 114% 114% 114% 124 124 122 Va 45% 12% 12 19 % 19% 115% 115% 114% 108 *107 78% 78% 104 *102 114 5V8 5VB 55% *551/4 8 Va 8% 114% 12% 124% 45% 45% *12 12 Va 114 *124 45% *12 5Va 11% 12 Va 11% 19% 19% 19% '115% 115 115 115 115 115% 114 114 115 *46 53 *46 *114 114 115% 53 108 *46 *107'A 107% 107% *107% 78% 78% 78% 79% 79 103% 103% 104 103 103 53% 56 55% 53 108 79% 104% 59 36 *77% 35% 53% 53% 36 36 37 37 37 37% 80 *78 80 *78 80 80 80 36 35 35% 53 35% '16% 112 16% *56% 57% 112 62% 62 116 115 jcpni/j 93 '111 35% 36 35% 111% 111% 111% 111% 112 1,600 124% *123% 124% 130 x 3 9% 115 % 114% 105% 105% 2,200 58% 55% 57% 28,900 37 % 1.300 16 16 Vb 15% 16 *57 57% 57 Va 57% 57% 57% 300 63 63 62% 63 Va 670 115% 115% 120 22% 22 Va 300 Atlas Tack 11% 700 Austin 63 63 62% *115 115% 22% 22 3A 63 % *115 115% *20% 11% 22 63 114% *21 63 115% 22 *115% 116% 22 po 11% 31 VB 11 Va *11 V8) 81 80 80% 81 82% 81 ; 18% 18% 18% 18% 18% 18% 6% 6'A 6% 6% 6% 27% 9^% ?"% 11% *11 VB 6% 6% 6% 27% 2 7'A 27 3A 27% 12% 13'A 13 13 Va 13% 13% 13'A 14'A 14 21% 22% 22% 23 22% 23% 23 24% 24 13% 14'A 14 ■; 14 Ve *80% 18% 14 14 Va 14 28%' 27% *68 69 25 % : 69 67% 67 % *67% 68 % 35 % 35 35% 35% 35 3,4 21% 21% 22 22 21% *51 52 52 20% 21 19 19 36 •; 20% 20% ' 51% 51 Va 20% 20% 20% 20% 20 Va 20% 20 V8 18% 19 19 19% 19 19'A 18% *36 V8 37 36 Vb 36 Va 36% 36% *38V4 39 Va 39 Va 39% 39% 39% 12% 38 35% 35% 20% 21% *51 109% 12% *36% 52 V-» O CO Nw 12% 38 116 For *51 •108 12% *36% '112 52 109% 12 34 38 116 3 7'A 39 Va •108 12% *36% *112 37'A 39% 109% 12% 38 116 22% V' • 4 13% 37% 39% 14 68% 35 22% 12% *36% 52% 21% 19 18% 19 109% 12% 38 115 37% 39% 12% *36% *110 ■I - __5c 01 Dei 15 89% Feb 61 Jan 3 10Ve Feb 6 7% Apr 9% July 3 8% Jan 22 6 V'b Jan 9'A 5%% Oil Barnsdall Iron °—No Co 46 Jan 50 Jun 3 14% Feb 28 V8 Dec 17 80% Jan 1 11'A Dec 14% Feb 24% Dec 8% Jan 1,100 1,800 Beatrice Beech Aircraft Beech Creek Feb __ 18 32 / Jan 8 2 Jun 8 44% Feb 66 8 40 Feb 60% Dec Jan 12% Aug Jan Dec 5 Jan 20 163 2 18 Feb 5 12% Jan 17% Juiy 2 -*• 84% Feb 9 62% Jan 77% Dec 13% Jan 18% Sep 13% Feb 19% Dec 26% Jan 37'A Dec 36% Jan 43% July 20% 20% 39 43% 169% Jan Feb Jan Jan Feb 45 Feb 153 Feb 31 Feb 18% Feb 25% Feb 56% Jan 133 Feb 33 % J an 164% Jan 70% Feb 71% Feb 4 15 2 2 3 10 9 2 16 3 22 12 2 31 2 2 17 9 12 11 165% Dec 39% May 45% Dec Nov 152% Dec 22% Jun 28% Dec 15 7 Jan 19% July 25% 146 16% Feb Jan 132 26% May 12 8 Jan 156 Dec 166 7/« 75 Julv Jan 75 Julv Jan 8% Apr 6% Jan U VB Jan 16% >,t»n 67% Jun 49 120% July Jan 84% Dec 15% Apr 116% 152% J"ly Jan 39'/a 1 Aug Nov 100 9% Dec Dec 107 6 % July 44 2 Feb 65 Dec Jan 29% Dec 25 11 45% Feb Jan 24% 33 % Jan 4 Jan 39 Dec Jan 28% July Nov 117% May 28 Jan 31 Feb 2 v 20 114 112 17 9% .2% Jan 42 Jan Dec 14% Jan 8 *• 4% Aug 57 Jun Feb 8 8% Jan 30 4% Apr 119 Jan 17 74% Jan 107% Dec 126 Feb 2 85 Jan 119 Jan 48 Feb 7 35% Apr 46% 56 2 2 5 15 23 2 2 2o 3 4 19 - 67/a July Jun 12% Jan 18 9% Feb 12% July 5 8% Jan 13% Jun 19% Dec 12% Feb 12% 19% Feb Feb 5 45% Jan 19 115 Jan 113 Dec 85% 18 Jan 90 7 Jan 117 Jan 113% Nov May 45% Sep 33 107% Feb 12 5 103% Jan 108% Nov 11 53% Jan 83% Dec 85% Jan 82 Jan 106% % Feb 8 Feb 8 25% 39% Jan 5 25 105 59 Dec Feb 38% Nov 76 Nov 80 Feb 7 59'A Jun 36- Feb 5 24% Jan 113% Jan 3 107% Feb 3 11% Jan 17% 53 % Jan 57% Oct 62 Jun 16% Jan 58 Jan 23 66 Jan 17 116% Jan 10 Feb 2 12 % Jan 15 24 52% 112 Apr May 14% May 7. 9 66 Apr 30 14% Dec 15% 8 3% Jan tri) 18 Apr 9 Jan 12% Jan 24 15% Jan 8 Jan 4 71 Jan 19 30% Jan 2 36% Jan 17 par 17% Jan 3 22% Feb 8 50% Jan Jan Apr 12 Jan 18 July 53 Aug 8 43 Jan 8 14% Sep 21% Jan 11 32% Jan 19 37% Feb 8 40'A Feb 8 Jan 11 14% Jan 2 9 38 Jan 19 118 Jan 3 Dec 21% 21% Feb 20 Dec Dec '52% Feb Jan Dec 13% 23% Dec 2 37% Jan 26% 23% 9 31 Dec 14% 22 110 Nov 68% Jan 16% Jan 4 6 Jan 9 Va 60 18% Jan 23 Dec 13% May 19% Jan 25 Jan 20 Aug 82% Jan 31 Jan 120% Oct Dec 84% May 19% Jan 36 32% May 114 Jan 5% 108 Dec Jan 55 9%. Jan. 12% Jan Dec Jun Jan 139. 7 5% Feb Dec 31%' 56% /■ v-.t l't% ; , 57% 7 9% Feb 2 Dec 56 111 _ Jan 29 104% Feb A- Aug 180 Jan 147 7 150 Jan 12 16% Jan 3 49%'Jan 11 119'A Jan 4 Jan 22 V-.4 114 Va 13% Feb 8 20 Aug 180 2 7 ._50 3 Vb 9 % Feb Corp. RR Beech-Nut Packing Co Dec 43 Jan 14% Feb par Oct 130 \ 28 No Dec 26 Feb 20 115'A 9' Feb /12% July 1 Creamery preferred , 22 par 25 Aug 11 22 No Dec 79 Va Jan 63Vb Feb 2 67 Oct 7% Aug 31% Feb 50 Jan Jan 76% 5 . Works Corp 40 $4.25 ' 6 „10 Asphalt Corp 3,200 Jan 11% Jan V Brothers—* preferred 10 Mar 4 50 Barber 150 65 8 25% Jan .50 Nov 46 39% Mai- 13 _ Dec 6Va Aug Jan 3% 100 100 37% 12% a Works v t c Bayuk Cigars Ipc 38 line, Ohio Bath 116 — No v* Corp Barker 32,?O0 Apr 31 6 31 30 48% Jan 22 33% Feb 1 74% Jan 5 30% Jan 2 110% Jan 23 14% Jan 22 56% Jan 2 60 Jan 2 113 Jan 25 18% Jan 6 10% Jan 22 77 Jan 2 14% Jan 2 5% Jan 24 100 Aroostook 5% preferred Conv .,3 40 V2 10% Feb 52% Jan 6%.Jan 107 J-m 108 Jan 44 Jan 11% Jan 10 Jan 18 Jan 113 Jan 111 Jun 45% Jan 106 Jan 76% Jan 101 Jan No pur No par & Bangor Dec Jan 33 99% Jan 11 25 100 5 50 A — — 4,600 * 109% *108 preferred Corp & Apr 94% 5 18% Jan 17% Jan 36 Jan 40% Jan 164 % Jan 43.% Jan 153 Feb 27% Jan 17% Jan 22% Jan 48% Jan 129% Jan 29 % Jan 157 Jan 65 Jan 65'A Jan 100 .1 100 Lines 2,000 r 100 100 100 preferred 4 Vo 110 22% 52% par No par Co. Baltimore 25 %, Jan 68% Feb No par Baldwin Loco Jan 59 13 4% Jan 1 100 —100 prior A Aviation 15% 1 51 74 % Jan 6 112 Jan 15 Id Feb 1 5 Co 5,700 21 % 40% $5 Autocar 1 8 8% Jan 23 par Corp; Nichols 2,600 21% 37% 56,000 24% footnotes see page 683. 116,300 35 Vf 54,200 27% >14 52% . 108 '110 243,200 6% 68 % 14 13% 9,500 19% 23% V. 35 *67 Va 68 12% 13% ■ 68 27% •V: 14% ' 35 *112 14 Va 6% 120 82 No Jun 102 Jan 68 Dec Mar 5% Mar Oct 1% Feb 2 V. 5 preferred conv „ 6% Jan 117% Jan 22 No par Atlas Powder 5 % 2d 42 6 preferred 6% Jan 22 45 No par __20 pref series Atlas. Corp— 16% 23 5 15 24% Feb 2 Refining conv 11% Dec f'4% Feb 38% Jan Line RR non-cum 4% 57% 6% *36% 5% Atlantic Apr 101 145% Jan 3 14% Jan 24 12.50 Co I SS W & 16 18% • G *57 19 110 10,490 Atl 8 3% Jan 29% Jan No Coast 16'A 11% *108 15% Atlantic 9 33% Feb 50 Topeka & Santa Fe preferred 57 Vb 81 •1 250 5% Aug 12% Feb No par Dry Goods 16 Vb 11% < 112 Va Atch 2Va Mar 4% 64% Jan 11 preferred 57 Va 18% 1 111% 15 % 112 Va *111 11,900 35% 34% 35% 400 80 *76 80 , 34% 26% . 37'A 38'A 38 *77 81 ; 10,900 79% Dec 4% Feb 8 '60% Jan 23 preferred 5% 36'A ———25 preferred 2d Sep 106% Jan 22 .5% Jan 22 Corp 1st 21'A Jan Jan 15% Jan —100 Assoc Investment "16 105% 11% 6 77, 57% 80% ; 220 104% 80 Va < 6% 53 77 Va 79% 79% Associated 270 108 *107'A 108 Artloom 4.300 119'/a : *46 53 *46 *107 Va <10% 18% *114 115 *113 7,809 1143A Dec 101 % 107'A 100 31 Cable Constable 300 Aug Feb 22 . NOV 15 20% 3% Feb 75 ,, 131 VB Mar 14 1* 116 J-n It 6% Feb 7 preferred Cork Armstrong Arnold 8 8 tiul preferred 19%. 19% 115% 34% Jan 11% Jan 100 of Illinois & Co $6 conv prior 11 Va 11 Va 11% X1P% 109% Jan 15 Dec Jan 176 10 14 Copper 7% 10'A Nov 183 Va Feb 108% 2 22 W Arnioui 2 31 2% Jan Paper Co Inc————5 Archer Daniels Midl'd No par P Jan 20 Va Feb Oct 95% July Mar ■ 16% Jan 54% Jan 100 Mining Wire & 12VB *12 12, 1,700 46 45% 46 ., 11% 12 19% 114% 12 12 VA 12% 113% x46 46 19% 114% 124% 124% 11% 1,100 65.000 114 114 19 % t 56 8% 8% 8% H% < *55 56 55% 8% 5% 5% 5V8 56 36 50% , 114% 53 *46 45% *12 12% 11% 8% 124 % 124 45% 45% 5Va 55 Andes 5% 115% July 60% Jan -100 25 100 preierred Mining div $5 14 14 preferred Anaconda Copper 116 116 *13% 27% July Nov 46 Anchpr Hock Glass Corp *113% Jan 107 2 & Smelt— Amer Zinc Lead 1C0 14 23 C 41% Jan -Preferred 25,600 116 17 126 Feb No par ,62% *13% 29 % Jan .117% Feb 7 V*UiJlCU-——— 6VB: i6 Va 27% 99% 27% Feb —— 62% , Jan 14% Jan - Elec Wks & Aiitc'l tcnii \fi) 42% July 68% 132 preferred———No par 1st $6 Apr 8 2 Corp preferred—— Water Am 400 11% *113% V 27,900 91/4 104 - 6% 63% 31% 44% 31% 5,800 11% 1A* 6% *61% 63 Va 46 V2 11% 1-L- 113% 6% *62 15% 8%. 43% Feb 100'/a Feb 24 26 Amer Type 104 Jan 33 % 82 24% Jan preferred— Foundries Inc 970 5% 170% 3 12'/a Jan . 46'A 119 104 '/a 11% 11% 11'A ■> 100 6 130% Jan 100 Preferred .-100 Am Sumatra Tobacco-.___._No par Amer Telep & Teleg Co 100 American Tobacco 25 Common class B —25 6,400 119 9 Feo 9 Refining 149% 9% 9% *104 Co 15% 119% *119 9% 9% 800 162 VB 47 46% 6% *32 149% 15% 15% 11?% 321/2 x70% 150 104 50'A American Sugar 16 70% 149% ; American Stove 1,700 163 *69 70'A 71'A 69% 2,000 500 July •'7-; No par No par No par American Stores. 2,400 133 14 25% Feb 100 Steel Foundries Amer May 8 110% Jan preferred non-cum 25% 50 32% *32% 6% 18 >132 133 163 32 162% Preferred American Snuff— 18 .50%/, Refg Amer Smelting & 25'A 25 Va' 133 18,800 30 Va 29% . . Ship Buildine Co Amer 100 153 153 156 50 50% *132% 133 70% 11% 6% 370 45 45 50% 69% 103 64 169 45 '30% 32 162% *119 111% 5% 5% 5% O 45,000 24% 132 46% llVa 42'A 43 18% 16V8 11% 11% 11% 440 25 16 ; 37 18% 15% 103 36 Va 25 150 *102 37 156 *153 51 70 *118%: 119% 9 Vz 9% 119% 9% 20 Sep 12 Jan 108 18.50 No par -No par No par 100 ._25 Seating Co 19% 25 *31% 46 % Safety American 37 18% . 69% : American 3,900 37 *44% Razor 1,100 20% 20 19% *36 133 12 —— 19 3A 20 Va 46 Apr 30 Mill preferred conv *19% 30% -30% 18% 18%* 30% 149% 46% *118'A 45'/a Va 69 19% 43% 156 162 70 83% San'y Preferred 4%% Jan 126% Jan American Rolling 2,520 169 V3 149 Va : 69%, . 149'A 59,000 169 132 32 160% 161V8 17% 84% X43 51 132% 132'A *132 17% 83% 43% 25 51 51 18 Light preferred preferred Rad & Stand Am 10 180 180 180 169'% 18 J . 42% 30% 30Va 30 : 60,200 168% *153 156 *153 13% 43% *44% 45 Va *44% I31/4 169% 43 VB 169 169 *168 170 36% 36'A 43 Va 42% 42 % \2Va 13% 19% 19% 20 20 20 20 *36 63% 17% 83 82% 82% 83 82% 82 *168 $6 $5 Jan 37 VA 8 93% Jan Jan No par No par No par No par No par Co__- News Power A Amer 11.900 11,800 , 82% ; 18 17% 36 Va 43,600 3% & Jun 7% 5 21% Jan preferred American 67Va *177% 180 370 • 62% 13% 17% 42% 3'A 13% ' 132 62 13% *177 Metals Metals Co Ltd 66 Va 62% ' Mach 6% 3% 13% 179% *177 Amer Amer ; 68 Va 60% 17%; 17 6,800 2,400 14 19% 11 Jan No par No par No par Fdv Co 3 Va r 67% 62 Va 13% ' 179% : , 67% 66 Mach & 27Va 132 42'A 42% Amer • Dec Jan 100 15,600 Dec 72 Va Jan 190 49 ———-100 preferred A 77o 20 13% 27 133 42% 61% 60.% " -t32 3'A 3% 3'A '66% 66 ' 13% 13% 179 Va 14% 43% 43 44'A % 3Vb 66 25 V8 14'A Jan 4 133a Jan 26 50 No par 60 23 Vb July 1 73% Feb 7% Jan 1 of III preferred Locomotive Apr Jan 45 Va Dec 16 7 31% May 40 8 135 9 conv 26 3 18% Jan 70 American 8 47 ice——i—a-——-No par preferred 109 No par 110% July Jan 75 6% Jan 2,100 24% Jan 2 Iuternat Corp 57c 40 Mai- 25 Vk Feb 68% Jan -American Invest Co 700 ■ 82 47 1 Products 6%non-cun. Amer 32,200 109 24 27% "27% 133 *132 133 44 % 3 66 24% 14% "27% • » 30 Va 109 109 27% * 14 Va 27% V 25% 24% 25% 24% 14% .27 •■>" ido 49% 29 Va 30% 30 V f 8% *81/4 conv American 1,900 7.700 97/a *49 49 Va 6% Nov 28% 5 Jan 3 Jan 30 5 48 Leather——._-l preferred— 50 American Home ' 45,200 9% 10 Dec 42% Jan 8 {l % Feb 9 38% Jan 24 No pur 4% Feb 2 2 Jan 20% Jan Jan 2 24 Va 30 2 2 5 20 8 2 3 24 3 12 5 96 Dec Apr 48% Feb 30% Jan 24 3% Jan 2 10% Jan 3 27 Jan 3 2% Jan 2 —-No par No par preferred A $7 2d 100 86 9% ; 8% *8% 49 109 3Va s 3 VB 13% 30% *132 66 VB *177 8'A 49% 108% V: 133 *43 \ ■ 31 ' 27% .27% *132 / / a 8% *49'A 109 24% 14 VA 14 14% 8% 49% 108% 109 24% >24% 24 13% lO'/a 10 Va 30% 31% 109 1—1 0 OO cir 87 10 8% *49 Va 50 31% 30 87 10 ...100 —- American Hide & 1,000 < 73 *83 88 10 800 48% 9'A Va 10 9% *86 10 8% 8% *49'A 9% 10 8,000 73 73 89% 84 Va 10 9% 8'A / 73 6% : 13% Jan 18 Jan 106% Feb $6 preferred ,, ^American Hawaiian SS Co— •f 1,600 *47%; 49'/a *48 72% 6 6% 6% 49 % 72% f*i; 41% *40% 41% n,*4i 92 91%, 93 *92 6% 6V'a *48 73% 9% 9% 84 49 % 108% 73 9% 9% 93A *8Va *48 73 79 1 50 50 41% 6% 6 6% 6% 93 Va 41% 41% 41% 41% *92% 93 :4 35 !/• 121 Va Jan 10 preferred $7 1.90C 97% 97 OO 23 14,100 : 3 2% 3 ?4% ■ Jan Jan Jan Jan 10 Amer Distilling Co stamped—__20 American Encaustic Tiling 1 Amer European Sees No par American Export Lines Inc 1 Amer & Foreign Power No par 1,500 4,200 ' ..No par 1st preferred 6% 5^000 33 97% 41 49 % 12% 32% 3 40% 9% 12% 33% ?4 93 77 ; 12% 97 92 8% i 33% 3 92 77 4% 12% 24% 92 73 4% 12 98 22% - 32% 6,700 33 2% 92 73 70 12 97% 22% *48 19% 106% ■ 33 3 22% 49 19 VH 1,700 American Colortype Co American Crystal Sugar 4% 98 22% *72% 4% 2% 22% ; American Chicle 700 89% Jan 183% Jan 39 — 100 96 No pur^ 27 —100 ,'170 preferred— conv 350 15% 33 31% * 97% 98 6% 4% 3 97 6% 32% 57c 150 117% 124% 106% 19% 4% i 124% *117 107 Va 33% 33 97 49 19% *106% 31% 2,500 31% 19% .4% 1,500 11% Jan 1 25 July 118 Apr 17% 121 69% Jan 30 16% Jan 24 43 Jan 23 132% Feb 2 ,-100 No pur - American Car & Fdy ;/ 77c non-cum preferred Am Chain & Cable Inc i; 28% 3% Jan 6 43% Jan 2 107% Jan 2 28 Jan 24 50 1 No par —100 *15% 98 2% . *15% ; 100 100 16 107 V* ! 12 12 • 11,100 124% 123% ' 12 41% 28% 19% 32 4% 4 % 4% 12 ; 12 31% 32% -31% 478 4'A 107 41 . 117% *117 16 16 loo 29 *1$6% *106% 106 % •106% 31% *11% .28% 117 189% 100 % 99 % 29 122% 117% 19% 107 31% 29'A 29 99 28% 2.9 28% 4,540 90'A *183 42 Va 42 .98% 99 99 - 8 42% Jan 24 20% Jan 2 Radio Corp Amer Cable & American Can Preferred 38,800 90 . 189% 188% 42% 42 123'A. 124 15% 15% *116% 116% 107 98% " 29 29 116% 124 42% 43% 98% 43% 98V2 189 Va 189 % /// 43 5% Feb r0 6% preferred American Bosch Corp Am Brake Shoe Co 5 % % preferred 110 12% 12% 12% 12S'a 1£0 8 (new')——5 JNOle American Uhuk 70 132 *130% 132 *131 91% 189 2 26% Feb No par Agricultural Chemical-No par .120 % 28% 12 % 189 1,400 120% 28% 91 187 lA 200 44 121 id 132% 134 117% Feb 19 1 60 Amalgam Leather Co Inc 6%conv preferred—— Amerada Petroleum Corp 11,200 28% *71 72 44% 5% 43 Vb 119% : .d 44% *132% 134 *132% 24 Vb 2 Jan 23 40% July • Apr 105 113% Jan preferred—--———100 conv Dec July 103 96'A Jan 33 % 9 share per 22% Jan 14% : ■ 2 Feb 43 2 38% Jan Alpha Portland Cem---——-No par 48% *47 ' *71 % ±0 44% 44% 44 '/2 134 *132% 24% 71 18% 10 74 44% 24% 71 *70% 18 44% 1,800 5% 5% 48% 5 4% *800 26% 26% 101% Jan 3 Feb 101 ' *47% 5% 115% X115 26% 26 12,500 43 42% 42% 117% *120 121 120.; 119 118 42% 25% 24 102% *101 t $ per share '8 22% Feb 24 20% Jan Allied Stores Corp————No par 5% preferred—,— ——— 100 Allis-Chalmers Mfg No par 14,600 400 Highest Lowest t per share $ per share Par 1 Highest Lowest Sharea 22 % 21% 22% *116% 117 *116 the Week $ per share 102% 48% *47% 48% *47 48% *47 22% v 42% 42 ; . 23% 5 5 ■6: 4% 4% 4% 42% : 23% 23% *23'A 24 101 % *100% 22% 101% 101 117 *116 Feb. 9 $ per share share 21% 22 41% 42 117 $ per share 101 101 117 117 Va "23'A 21% 41% 41% 41'/a 21% >100'/* 101 101 *117 $ per 21% 21 % 21 Va share $ per share per Feb. 8 Range Since January STOCK EXCHANGE NEW YORK for Sales Friday Feb. 7 Feb. (> Feb. 5 Thursday Wednesday Tuesday Monday Dec 18% Mar 14% Aug 19% Dee 25% Feb 34% Nov 31 Jan 38 Dec 105% Jun 111 7% Jun 31 111'A Oct 14% Dec Jan 38 Dec Jun 121 Nov Volume Number 161 " ' ' 4359 ' THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK STOCK RECORD LOW Saturday AND SALE Feb. per 'Feb. (i 5->. > share PRICES - Friday Sales for Feb. 8 $ per share $ per share Feb.» the Week >>, $ per share 12% 12% 12% 12% 12% 12% 137% 14% 14 •14% 14'4 12% 14% 12% 13% 14 14'A 54% 52% 54%, 53 53'A 53 53'A 53 53 % ( 23% 23% 23% 23% 237/a 23% -23% 23% 23% ; *54% 56 > 56 54% 54% +54% 39% .39% 39'A 39% 38% 18'A 18'A 18% 18'A 18% 18% 18% 69% 70% 70 70% 70% 70% 68% 70'/a *134% 135/, 134% 134% 134% 134% 135% 18% 18 71% - 134% * 135 51 51 51'A 51 - 50% 51 25% 25% 25% 25%. 25% 25% 25% 25% 25% 25% 15 15 % 15 15'A 15 15'% 14% 15% 15 14% *20 20% > • 21 51 *50% V 51 • Xl4 - '/a4 "'15 21'A 21% 21'A 21 Vz , 19 19% *18% 19% 19% 20'A 19% 20'A *19'A 20'A 5 109% 109% 109% *107'% 109 Vz *107'% 109'% *107% 20'A 109% *19 Va *107 *107'/a 109'/a 18% 18% 18% 55 55% 55% 18% 20% 181/2 54 »/2 65 "96 *95% *53 *95% 45% *116 117 34% 34% 34% ' 39% 18% 18% 19 % •20 ' 20'A . 18%. 65 preferred- , 5 *6i/e 6% 45% 117 > 95 Vz 35 39% 95% . 53% 45'A ;•/ .* 18% *43% 18% 35 34% 40 40 45 *115'A>117 '35 > / 39%'»9% 4%% 400 r Co • 5,000 /> 11,600' ' & *46 50 19% 6% *6»A 6% 6% 44% *43 ya 44% *43'A 19% *49 50 Z *47 6% a 19% 19% 50 *47 / 45. 18% 19% 19% 50% i8%>"i9 . 50 *47 6»A Jan 41% Oct 22 18% Feb 5 15% Jan 2 73'A Jan 11 56'A Jan 2 135% Feb 9 115% Feb 23 51'A Feb 37'A Feb 51% Oct 2 25% Feb 16% Jan 25% Aug 15% Feb 7% Jan 15 Dec 22% Dec - 22 23 5 I >60 *47' 12 11% 12 11% 12 11% 41% 40% 41'A 40% 41 40% 41 11%' 12 Va 39%*'40% > 43% 43% 43% 43% 43% 43'A 43'A 42% 50 50 50 50 50 50% 50% 24% > *49 25 46 *45 25 251/4 15 ,15% 122% 122% *121% •15 15% 15 25% / > 24% 15 „ - • '47 f, A No 1,400 400 • 12% 12% 12 12% 11% 12'% 11% 12 11% /"> 80 / 79'A 79% 79% 79% 19 Vz 79% 79 % Borden Co ' 14 > 13% 14% 13% 13% 13% 13% *23% ; 23% 23% 23% *23% 23% 23% •23% 23% 23% 12% >80 Maine RR 56 55'A Sep Jan 48 Sep 109%'May 117 33'% Jan 37 117 2 Jari 15 8 Briggs & Stratton.-, Bristol-Myers Co— 7% Budd (E G) Mfg— 48% 49 49% 50 Vz ■>SO%>50%; 1,500 Bulova Watch 45% 45 / 45% 45'A 45% 45% 45% 45% 45% x44% V45% 5,600 8% 15 8% 8% 811/2 *79 :> *65%" 66 15% xl4% 15% "3% 15% 15%. 15% 15% 15% 3% 16% 16% 16% 16% 24% 93%, 3% 16%, 14,800 : 5,400 140 7,600 ' 3% 3% 3% 3% 16% 16% 17% 16 % 3% 5,500 -17'A r,: -14,900 24 93% 94 94 93% 24-' 24 94 24 24 94% *23% > 93 % 24 ' 23% 943/a : 24 900 29 ' >29 29 Va 29'A 30 29% % 53% *53% 54 54 l'A ... 1% 1% 29 •' 29% 29% 29 »A 29% 29% 4,900 ' . 54 1% 7% 23% •'."* / >' ;.7% 7% 8 24*' 23% . 53 ' 1% ' *54 24 »A 1% > 1% 8 7% 24'% 54 l'/a 7% 8 24'A 24% 54% >54'% ' • l'/a 7% 8 1% •7% 23% 24 23% "" > 24'A 11,400 Calumet 24' 54 49 49 . *47 " 34% 34 7 a 34,% 35'A 48% 48 % 48'A 48 JA Jl% 11%, liy* *50% 51% 50%' 50% nya 11% 117% 12% 11 ; 11% 11% 11'A 50% 50% *50% 12'A 12% 12'A 54% 53% 53 % *53% *117% 117% *117 Vz *33 33% 23% 24 33'% 33 24 % .66% z 65 33'A \ 5% 24'A *65 5% 5% 5% 11'a Feb 7 24 51% Jan 17 31 2 47% Jan 18 27% 12'a 12'A 12% 12% 200 12'/2 54% 54% *53 118 'A 118 2,200 > 54% 117% 117% 19,400 118 Vz 33% 33% 33% 33% 23% 24'/8 24 24 66% *65 33% 30 60 66% 5% 5% *65 " 5% '39% 159'% 49 % 49% 49% 38% 38% 38% 38% *106% 106% 106'% 107'A 107'A 107% *128 130 130 130 130 130 *129 40% 159% 50'A 50% 40'A 159% 160 southern Pacific Canadian * 1,000 Carpenter 3,900 50% 39% *159 5% 5% 6 39% 40% 5% 40 *159 50% 39 ; r 50 38% 39 160'/a 39 107'A 107'A 107 107 130> 16 %: 129 129 39'/a 49'A / *159 160% 5% 3,200 39% 8,500 160'/a 50'A 49% 39% 39% *106% 130 \ 4Vz'Jo 30 50% 5,200 41% 14,700 107' 131 class A 22 > 15% Jan 6 83 Dec 70% Dec 15% Feb 8% Jan 15% Dec 2 3% Jan 2% Apr Jan 22 17% Feb Apr Jan 22 96 12% 67% 3% July 17.% Dec Jan 96 Dec 2 24% Jan Apr 25 Sep 3 30 ' Feb 6 24% 55% Jan 3 53% Feb 2 1'% Jan 2 % Jan l'A Jun 7% Jan 2i 8% Jan 11 May >~:7% Dec 24% Feb 6 15'A Jan 21% July 35% Feb '8 23'A Feb 35'A Dec 33% Jan •47% Dec Jan'20 113 % Feb 49% Jan 13 12% Jan 9 51'A Jan 19 Jan Jan 5 21 Jan 12'% Feb 54% Jan 9 24 34% Jan 5'A Jan Jan 6 127 51% Jan 31% Apr 107% Feb 96% Jun 106 131 Jan 129% Nov 19 Co.. —1 preferred—100 _100 4'A Jan 109'% Jan 22% 22 22'A 3,600 Central Aguirre Assoc 5% 5% 5% 6,300 Central *113% 114% 90 Central 5% 5% 113 Vz 113% 12% 11% 12'A 28'4 28'% 5%" Foundry 111 Lt 4'%% 28 % 28% 28 28 > 27% 28 28 28 *11% 12% *12 12'A 12'A 12% 12% 12 35 35'% 34% 35% 35 35% 8% 8'/a 8% '35 35 8% /. 8% 8% *23 149 145 143 142 23'% *23 23% 31% *114 / 114'% :48 23 31% 115 31'A .•■•31% *114 149 147% 147 *22% 23 31 >8 31% 114 49 49% 14% 14% 15 15 51% 51% 51% 52'% 52 52% 6% '6% 6% 67% 6% 16% // '16% 16% 17% 17% 49% 12% 17% 148'A 147 23% 148 32 *49 *15 15% 53 6% 17% 6% 48% 15% ,:,>.> 52-// 6% * 17% 17% 34,300 23% 49% 15% 52% 5,100 8'/a 113 49% 6% 35% 32 Vz 114 52% Central Violeta Sugar Co 146 . 33'A *113 1,600 12% 8% 23% *22'% 31% 114 * 52 'A 17 , 28% 6% 16% 1,900 146 '23% 300 33 3,600 113 170 • 48% 1,000 15% 600 52% 21,900 6% 4,700 17'A 7 6% 6% 6% 25% 25'% 25'A- 25% 26 25% 25% 25% 25% 25% •25% 4,200 26% 26% 2 7'A 27% 27% 28% 2 8'A 29 28%" 29% 27'A 29 '/a 22.800 56% 56% 5 6'A 57 56% 58 57% 5 8'A 20% 20% 20 20% 20% 20% 20% 20% 22% 22% 22'% 22% 22% 22% 22% 23% 52 52 *51 53 *51: > 52 52 52 *52' 53 *52 53 57 *56'A 57 *54'A 57 57 *5 6'a 57 *56% 6% 7 : 58% .. 58% 57 20% 20% 20% 23 '4 23% 23 Vb 57 *56'A 16% 16'% 16'% 16% 16% 16% 16% 16% l6%, *16% *16% *17% 17'A 17% 17% 1.7% 17% 17% 17 17'A 6% 6% 6'A 6% 6'A 7'A 7% 7% *35% 35% *35 'A 35% 35% 35% 35% 35% *34% 97% 97% 99 98% 99 97% 98% 97% 98% 22% 22% 22% 22% 41 40% 10 10% 51% 51% 52 *95 *53% *161 94 45'% *160 94 112 *90 112% 45% 108 108 *107% 95 95 56 53% 175 *90 , 53 *53'% 56% >95 *53% 36% 36% 36% 36% 38 38 38% 38 7% *111% 45'/2 45% 109 *108 175 94 113 45% 109 '*147 150 *137 / *146 > 149 147 . 136% 136% *136'A 64 % *63'% 64'% 63'/a *53 *170 22% *108- *1050 *1050 *170 *90 113 ♦' 38 *111 % 114 * + 38 38% 32'A 32% 32'% 107% 107% *107% 38 7% 38% 38% 38% . 111% 114 *111'% 24% 24'% 34% 33% 34 33'A Feb 8 23 9 H51/2 Jan 20 3 49% Feb 5 5 7% Jan 15% Jan 22' > 18'A Jan 175 C. 94 C. C. Clev 5% 35% 4,300 38'/a 38% 3,700 Cluett 147 *136 63% .63 % *1050 147 20 137% 600 63% 210 *1050 32'% 32% 108 108 38 38 32% *108 32% 2,900 113% Apr 30% Nov 54% Jan 9 43% par 22 62% Jan Sep 65% July 19% Jan 22 21% Jan 5 15% Feb 21 % 19% Jan 49 Jan 2 23% Feb 8 16% Jan 21% July 3 52% Jan '29 38% Jan 49 Va Nov 47 Jan 57 Nov 13 Jari 54 4 58 Jan 19 15'% Jan 3 17% Jan 9 16 4 17% Jan 17 Jan Jan par 4% Jan 2 29% Jan 2 91% Jan 24 20% Jan Jan 77% 15 14% «: - 2 53 % Feb 175 Jan * Jan 102- 8 89 26 Jan 95 Oct 6% Jan 10% Jan .7 35% Feb 51 Dec Jan 185 175 Jan 8 94 148 76 Jan 2 >110 Nov Jan 22 45% Feb 8 107% Jan 24 50 93% Jan 3 50 53'% Jan 17 No par 34'A Jan 35% Jan No par 100 44 147/ 109 Jan 1 92 Jun 96 Aug 53% Jan 17 2 36% Feb 6 30% May 5 39 Va Feb 7 34'% 31'% Feb 2 106'% Jan 3 34% Jan 2 —No par 150 Jan 'Jan 140% Jan 65 Jan 34% Jan 108 52 % Mar 145 Feb 3 III Feb 22 8 59% July 23% Jan 33% Dec 103% Mar 108% Jun 5 25% Apr 38 Sep 116 Dec 113% 24% 3,200 Colo Fuel 34 1,570 Colorado 32% 1,620 4% non-cum 1st preferred 100 28% Jan 2 350 4% non-cum 2nd preferred 100 253A Jan 2 Inc cl A—2.50 34% Jan 22 Jan 11 33, 36% Jan 31 26 2.50 33% Jan 25 36% Feb 36% 36% *36'A 36% 36'% 36% *36.- 36% 683. ""•" 36'A 31 / 36% 31 31% 30% *30 30% 30 36% 36% 36'A r 36 36 >36 > 31% 29% 31% 30 30 30 36% 36% 36% 36 ~ 36% * 800 300 Columbia Br'd Sys Class B— 100 100 111 Jan 29 23% Jan 23 28 Jan 2 146% July 67% Jun 19 34 No par Oct 38 % Mar 39 % July 152 July Jan 24% preferred 53% 38% Feb *111% & Iron Corp & Southern Apr 30 34% conv Jun 95% Feb Coca-Cola., International Corp No par Colgate-Palmolive-Peet No par $4.25 preferred No par Collins & Alkman Jan 45'A 109 6 80 90 115% Mar 2 No Apr 106 11 1 37% 15 Jan 1,700 Dec 9 6 62'% Jan 37% 25% July 31% "96 % 11 134% Jan 108% Oct Jun Nov Jan par 5% Jan Jun July - 112% Feb -No par — 98 % 25% Nov 11% Feb 49 109% Jan 7% gtd stock-. (The) 6% >30 Feb 18 27 100 Co —— Co 17% May 23 'A Jan 3 par -No par (The) 1 Molybdenum A 24 100 RR 19'A July 14% May 1% Jan 43% Jan Feb 100 gtd 4% Preferred Class 5 • Dec ' pfd_. Peabody & Co Coca-Cola Feb 99 2 9% Jan 7 18 • 2 Jan par 71/2 Feb 36% Jan 2 31 Louis Ry. Co 37% *111'% 21% >98 preferred-. Pitts 7% Mar 25% Mar 12 27% Jan Jan 22 100 No Ilium $4.50 Special Jan. Jan 30'A Jan 5 & St, 4% 18 22 24 No par Graph Bronze Co Climax 56% Nn — preferred Clev & 137 Fuel— Equipment 5% 7% Jan 22 25'A Jan 5 Stores Clev El 5% Jan Dec 9'a Mar 18% Mar par 3 Ice St 95% 50 i—No Corp Investing Co new preferred— 10 147 w 24% .30% 50% 11% Jan • 24% 31% 46% July 14'A Dec Feb 34 30% Jan Apr Sep 5% 34'A 29% 114% July II 53% Jan Jan Jan 44 15% Feb 24 6% Jan 31 50 Apr Jan Jan 27% 24'A 31 Z 108 34 29% 17% 11 3 Feb 28?% Jan 113 24% 31% page 57 24'A 30% see par Jan * 34,%° *24 *29% footnotes 5 5'%% 36 63 113% Dec 24 5 41 Jan 14'% Jan ' 23 City 50 136 *111% Dec 3l'a Feb 31'A. 24% 34 For > 23 149 34'%. 23% *36 114 6 ——No City 109 *144 32% 21% Jan 10 80 1,006 64'A 38% Nov No 470 46 137% 108 134 Oil 1,000 / "45 39 39% cum Cotton 22% *108 45% 36% 36% 38% 107% 107% 108 37% 32 31% 31% *31% *107'/a May No par div—No par 40% 370 #52% *1050 8 No par 103% 112 111%; *94% *1050 Jan Copper Co Clark 56% 147 129 Dec 100 preferred ($2.50)' Chrysler 1,000 95% 36% 21,400 Chile 52% *94% *63 Jun Co tChilds Co 52% *52% 36% 1,000 54% 56 Vz 13 7'A 9 25 Chicago Yellow Cab City 95% *145 37% -.50 preferred wi Mail Order Chickasha 6,300 *53% . 12% Feb Apr 40 -$3 conv 11% 109 36% 5% 10% 94 45% 600 98 *95 64 Jan 4% preferred— Pr pf 17 17 96 175 *90 *111% 200 140 56% 147 7'A 30% 5 A Chicago 22,500 95% 137% 6 11 8% Feb No Chicago Pneumat Tool 6% *102 :5% 11'A ' 39 137% ? *63% 12% Feb 36% Jan 2 Chicago Great West RR Co • ,k: 39 22 24 5 Co 2.600 341/2 40% 103% 10% I : 41 *102 53% Mar 28% Nov Jan x 9,300 < 34% 22% 40 Vz 10% 36% ; 40 10 7'A 22% 22%' 10'A 45% 95% 40 />>,7» 103% 112% 108 108 22% *102 52% "111% 45% 45 41 10 % 167 *90 94 112% 22% 103% 52 / *161 175 *90 *111% *40 Vz *101'/a . 10'A 10'% *161 *22'/a 41'% 102 102 102 102 ;■ ■■>16%: 6% 35% 96% *40 Mfg Chicago & Northwest'n 13,600 23% *16% _ 9,500 58 Va 20% " *56'A Sep 15 • 25 7 18 Jan 4% July 114 Jan Chesapeake & Ohio Ry Class 30 Jan Jan 8% Apr 20% Apr 7 Chesapeake Corp of Va > 4,400 4 107 8 10% Jan ——No par Chic & East 111 RR 12' 100 Belt Co., Cab 14% Jan July July 33 Champion Pap & Fib Co——No par 6% preferred 100 Checker 113% Feb Jun 19 Vz 1 Products—, 6% prior preferred Chain 2% 19 16 24 15% 23 No par No par Cerro de Pasco Copper 1,470 Jan 10 Jan 11 — Century Ribbon Mills Certain-teed 6 2 Feb Feb 27'% Jan tCent RR of New Jersey— 12% 35% 2,800 35 -12% 12 27% > 8% > 8% 6% 7 • 49% *15 I 35'a %„ 8% "" 6% 6% 7 6% *48% 31% *113 114 14% 47% *14 8% 11% I 40 «'a Nov 22 »a 113% >113 24% Jan 22% 5% 54 4l'A Feb 5 2 22'A Oct Mar 20% Jan 22 % 12% '5% 15i?VDec .-No par 22'A Dec Dec Dec Apr Jan 5% *112% Jan ' Jan 22% 5% 4 33 11 Corp preferred * 33 % 22 % 65 143% July 44'A Jan 17 22'% 12% Oct Dec Dec Dec " ': 40% Feb 160% Feb • 113% Jun 18% 54 Vz 119 56% Nov 2 16'A Feb 22% 5% 27% Feb 2 3 47% Jan 22 37Va Jan 25 105'A Jan Feb 11% Jan sJan 20 Ceiotex Nov 12% July 51% July Feb 43'A 30 66 Apr 97 4 24% Jan 22 35% Jan'26 152 100 30% July > 57 Jan 42% 6% 10 118% Feb 8% > 6 5 2 x61'AJan'15 ; 6 Jan 8 4 . 2 19% 12% - 20 5 19% *112% Jan 2 16% 19% 12'A - Jan 16 19% Dec Apr 14% Jan 16'A 20, 113 Dec Jan Jan Dec 43% 18'% Jan 16% 19% 12 9% 4 54 No par 20 16% 19% 112% Jun 3 -32'AJan ' 1 —25 x 16% 19% 5% Dec 15% 3 53-'% Feb' No par 16'/a 12 .11% 16 116% Jan No par No par $4.75 1st preferred 7% 2d preferred 16'A 112% Apr Jan 12% 9% Jan .11 .10 Celanese Corp of Amer 20 5% 40% 107 17 10% Jan 23 48% Jan 2 —100 16 12 Jan 72'A Jan 47 5 19% 112% Dec-' 82%>Jan • ... ——50- 22'A / 4.9% 20 20'% Jan 2 >31 Jan" 24 113% Feb 8 10 Caterpillar Tractor /' 5% Dec May l'A Jan 1100 Preferred 110 20% 25 53' 1 — — 19% 1,650 Sep Jan 27.'% Jan ■ par Ry Co 16% 4,400 16% 22'% Jan 100 preferred 16 • Jun 22 % Jan 15 92 —No par Carriers & General Corp Case (J I) Co— *— 900 Dec 11% 3% Jan4 —25 Carrier-Corp 100 12% July 77 Va Apr 17 > Jan 111% Jan 30 2 7'% Jan ' - Ohio & Steel 33% 23% 66'/2 Jan Jan 14=8 Jan 3 —No Clinch 23% 57% 7'A • 65" —No par 5 Capital Administration $3 preferred A Carolina Dec 47% 3 79 , 50 Ry 19% , par Copper Mills Cannon 25% : Co Ry 5 13% Jari" 1 Hecla Cons *65% 66'/a : 40'% •40% 160% 39% *160 110% Jan No par No 51% . 39,% Jari. par : "t ll'%: >50% 11% 47% Jan par Zinc-Lead Canada • Dec 23 • 110 51% Dec 129 18% Jan 22 ' 1 . 170 11% *50% ' 48% 5,200 >14 Jan 16 LlOO j. 113% : 48'A 35% Jan Jan _j| *113% 113 7% 35'/a Dec Jan 24 * 65 . 11% 52 54 *117% 33% 24'/a 24'A , *53 54 117% ' *65% 113% 48'a > 35% • *117% 117% *53 35'a 49'A 8% 3 ^..10 ■:>>48%. • 34% 49% 34 v Oct >22 'A July 17'A 116 22'% Jan preferred—1O0' preferred & 18 10 26% Feb 6 100 Campbell W & C Fdy_ Canada Dry Ginger Ale 84.25 preferred -1 4,900 • ' 33% 5% 15% Jan 123% Jan 18 1 Packing Callahan 6 Jan —_1 (A m)—^— California 70 25 Jan' 22 12% Feb Participating preferred._100 —No par 11,100 Jan 13 'A Jari Byron Jackson Co 1% 39% Feb • 14Va Feb Copper & Zlne.. 7% • 46 80 Butler Bros—v— 54% ■ 1% 8 2 >— fl *53% Jan July 53% Jan 2 —' Terminal pre/erred 540 , , 14% 2 Mach—„No1 Bush Term Bldg 1% Byers Co 25% Feb Jan- No Burroughs Adding Butte 2 10'% Jan ;—No par Bush 50 Jan Jan 120 par 1 Bullard Co 81 .66 15%'- 15% 15% Forge Co 6% -8% 8'/a >79, > 66 66 , ■40%' Jan 10 No — r 1 94 24 8% " 15 14% .. 81 *79 66 3% -93% 8% v 66 " 3% *92% 8% 81 66 ' 3% *23% *110 15 14% 66% 16% , 8'A *79 / 81 , ;■ 15 65 % . 3% 16% ,... *79 14% V 8% 8'A 82 66% 15% ; 15 14% 66 *78 V4 *110 *110 *110 , ' 74% Jari Burlington Mills Corp 5% preferred 14% 17 ' 49 *110 Jan No par 49 14%8% 39 No par Wheel— Buffalo 43% Feb 23% Jan • • * 100 $5 preferred Budd >44% Aug 2 45 5 - -12% July Jan Jaii 21 par >' Jan 27 49"% Jan No] par Co preferred 45% : No u. Feb 12% Feb 41% Feb 52 Oct 8% 2 22 41 " 45 . 40% 10% Jari Brooklyn Union Gas—No pair Brown Shoe Co Jan Dec 21% Aug >53 Oct 37% Jan ■ No par 5 50'A ■ Jan 15^ 50% 111% 3% 47 49% 14% 41% July 7'A July 12%. Jan 22% >110 34% Jan ' 4 22 > Jan 34% 20% Jan 47-' Jan 23 11,000 28% 22 > Oct 17 18% Jan 22% ; - 40Va Feb ' 6 7% Jan 9 Airways .2.50 Brewing Corp. of America —15 Bridgeport Brass Co_— Not par Briggs Manufacturing —No'par 22% 2 Feb * 7 35'A Jan 22 5'% Jan' 31 Braniff 21% __ " 88'%' Apr 37'% Jan 21% 500 Dec Jan 33% 6 20% "e 98 46'% 3 45'A Jan 840 23% Jun 17 5 Bruns-Balke-Collender— 63,900 52 % 24 Bucyrus-Erie "*41,600 Jan 42'A Jan 20 • Nov >_5 20% , Oct 19: 45 18 Jun 16 (assented)_100 8,300; 13%; >an 12% 56% Jan Bearing Co 49% . Dec 109 45% Jan — 20% ' ; " •96% Jan __10 Corp >13% *2i r" 2.1 > 13% 20 '93% Mar -95% Jan 22 ' par (The). Borg-Warner 3,300 y 79% 13% 100 < 11% 79% 6,100 . *122% -123 13% 11% 80 Jan Dec No par >53 Jari ' 3 ' 1- > 43>e Jan 15 100 114 Jan 3 ; ' 26%k„26% 14% ,,:14% 15% 123 10,600 24%., +45 26% 25% >51' '•19,000 M<' > 42% • *49 > 47 *122% 122'A 12'A 25'A *45 15'% 122'A 122'/a 25 25% 47 25'A 25% 15% *121% 122% *45 47 25% 25% 15 > 24% 25 "45 46 .46 • 25% *47 50'/a 24% 25% 24% ' . "'11,400 / : 42% 42% 130 14'A Mar • 20% Jan i ' 11% *" 42% 16 Jan 20% Feb 109% Jan 17% Jan 22 49Vz Jan 2 5 inc—— Bower Roller 200 ■ 40 >/4 11% 40% 20'A July 66% July Jan 18% Jan 5 preferred Boston & 1,300 -'44% . ' 11% 401/2 Dec 56% ' 109'A Feb Brass—*. class Stores Bond 1,400 {, , Bon Ami > Class B_ 70 ' . • ,34% " '35'•>/./ : . 40% : 45'A 110 •• 53% Aluminum Bohn 900 96'%, :> 44% 6% 6% *43% 45 18% 20% ■ ^100 Airplane Co Boeing 24,800 55% 53% t. • i 116 116 117 55'%' *95% 53 45'A 39% 40% / 45% ">34% 34% 6% 6% 44'/a ; Jan Jan ' 44 17 53% Nov No par Blumenthal & Co preferred 50 30 July 33% 13% Jan; 22. 20'A Jan 26 Laughlln Inc___ Bloomlngdale Brothers 1,000 Dec 24% Jail 13 Jan «' 23 par 49% 9 48 —No Jan 9 127 Co— 33% 55'/a Jan Jan' Jan Jan 2 40% Jan 100 Bliss & 1,400 ' 19% - 55 54 *53 116 116 55 56% 96 >■ 96 >• 54 45'A 45'A 40 *55'A 55% 96 *95% *53 35 39% 21% .-.No'par (Del)„; " 96 391/a 21 Steel 15% Feb 8 Jan 17 Apr ' '54 % ;;' 54 ^ ■ •> 45 • h45% 116%" 116>A 54% !> 45Va *20% 20% -—1, Jan 10% 2 > BlaiJr-Knox 19,400 f 54% Feb ; 10% 5 55 12 38% Jan Co t per su re 8 16% Jan 6 19% Jan par No par 1% 2,000 j No 4734 Jan' I per share •12% Feb 22 Blgelow-Sanf Carp Inc—j.—No par Black & Decker Mfg Go__—JVo par 1,200 < Loan Jan pfd $2.50 div series *38-No par Bethlehem 1,000 / > Indus Best Foods 11,200 . _3 Lowest t per share t per share 12 Ve Jan 15 13 —i >/>> Highest Lowest ;.No par Corp. Aviation Best & 6,200 i Fr • ' 1,700 . 50% *0 74 200 . *134% "*U74f Bendlx jBenenclai > .far 5. 11,500 < 39'A % * Aircraft Range for Previous Year 1944 Highest • Range Since January I ' Belding-Heminway Bell 7,600 > /•': STOCK 1,200 , 55'/a 39% 39% 70 *54% 56 39% YORK exchange " 6,600 12% , NEW f1' Shares $ per share 12% 13% % >; stocks Thursday Wednesday /Feb. 7 Tuesday Monday S HIGH 115 - Jan 9 109% Feb 25% Jan 3 14% Apr 36% Jan 11 35% Jan 11 2 11% Jan 26 V4 29% Dec Dec 12% Jan 30 Deo 13 Jan 27'A Dec 'A Jan 35% Dec 25% Jan 35% Deti h '' ' ' . ' ' ' ' ' » ' •>*»»w»^v<,vmW-. *+»■ w .wo^ip/tfitMi^if£»•Y^jV»J**>M»Vfc?*V**•*"»* ck-d"\"fiKfj, 'J.tttjJJ*.vtnwhu*t JWt1'i■»»i"i*i»>- !\ ""' 'i. 1 ' / • ' "' ' ,S ' 7' ' ' , ^ ' 1 ' {K' V '«' ' ' ' ' > "»•"•. "- «' ** ? ^ t \ * . 14 tf * * t* ,1 ,- J THE COMMERCIAL '' j V »f ' '• % . 1 ,. '1' « 1 V , \ ', J i ft * Jt *„ * / fj '^> ' >, ' 1 I, , « r \ * € *' £ . *>,* * y ^ '' 5 , f Monday, February 12, 1945 CHRONICLE & FINANCIAL Range for Previous STOCKS AND HIGH SALE PRICES LOW 9- 43/4 4% '47a 4% 4% 50,800 9474 947a 94 947a 3,100 6% 95 88 87 3/4 887a. 170 preferred 88 88 *8774 5% 8774 99 700 *97% 98% 98 99 99 21% 217a 217a 21% 23 • 99 21% 1 49 *48 7a 41 41 108 107 47a *98 987a 987a 987/a 987a 2372 ; 24% 233/4 2474 237a 247a 48 48 48 42 4174 41% *47% 487a 48 41% 413/4 417a 41% 417a 1073/4 108 *107 108 *107 107 4% 48% 48 4174 41 *107 453/4 16 3/4 preferred. $2.75 Credit 4 7» % conv preferred Corara'l Invest Trust Commercial Solvents Commonwealth & Southern $6 preferred series Commonwealth Edison Co 200 10,400 44% 45 4574 16% 17% 177a 173/a 16% 177a 3/4 14 3/4 H % 87,000 14 % 3/4 3/4 14 % 937s 933/a 937a 93 9374 5,000 29% 2974 297a 297a 297a 13,000 25 245/8 24% 247a 245/8 700 28 3/8 287a 287a 2,900 33 327» 32 74 700 230 Nc No No No Consolidated Cigar 93 9372 933/4 933/4 937a 29% 297a 2974 297a 9274 29% 2974 25 25% *243/4 27% 27% 27 % 28% 283/4 283/4 28% 32 3274 32% 323/4 *927* 4% 4% 47a 474 267a 265/a 267a 267a 1067a 1067a 1067a 106% 1067a - 4 4% 47a 26% . 1037a 1G374 .*103 103 103 103 ♦102% 287a 28% 33 *3274 33 *24 7a 25 *247a 25 103% 4 7a 1077t 107 1067a 6 % 32% 317a 327a 3174 3174 317a 32% 14 133/8 14 13 3/8 1378 133/a 1374 35% 35% 35% 353/4 57/a 67a 6 6% 6 : 107 4 ' 2,200 6 5,600 Consol Film 47a 107 $4.75 5,700 263/4 30,400 "f'y 267a 107 107 5% 67a 53A 3174 5% 315/a 13 5/8 5% ■V 267a Congoleum-Nalm Inc 31% 133/a 307a 307a 3,100 137a 137a 3,900 133/a Consol Laundries •' 357a 35% 357s 36 353/4 36 36 3674 193/a 18 5/« 197a 17,800 187a 1874 18 3/8 1874 183/4 18% ':■-''. 18% 26 72 267a 267a 800 267a 267a 263/4 26% *2672 267a 26% *253/4 26% 22 2374 213/4 22 74 5,300 2274 227a 22 Va 22 223/4 22 20 2074 2072 20 197a 19% *5074 51% *50% 1093/4 283/4 297a 8% 87a 8% 41 % 41% 51 % 110% 28 3/8 283/4 97a 1123/4 1123/4 97a' 9 *112 19% 197a 51% *5074 110% ; , 110% 283/4 9 197a *5074 2° *50% 517a 283/4 9 1127a .112%' 41 7V; 41 1123/4 *112 20 110 110 11072 28% 110 22 20 *5074 517z 28% *1093/4 2274 /• 1103/4 283/s '*1123/4 11374 330 *112% 8% 1137a 3T 413% 40 3/4 41% 413/4 41 123/s 12% 12% 123/4 127a 123/4 ,t y)t.i 415/8 405/8 1274 r 12 Va 1274 "41 ' * ■ 113% 7 1,400 28 8 3/4 16,300 200 ' 6,100 8,600 > 11,300 33% 33 3374 1,200 19% 1874 187a 12,000 483/4 48% 487a 103/4 10% 103/4 103/4 10% 107a 10% 10% io5/8 10 3/8 107/a 32 317a 32 32% 32% 3274 32% 31% 32% 32% 313/4 32 3374 323/4 323/4 323/4 337t 32 327a 32 1874 19% 197a 173/4 173/4 18 1874 187a 18 3/8 48% 497a 497a 493% 48 493/a 48 497a 483/4 477a 49 *463/4 1474 14 147a 13% 14 1374 14 *5072 51 503/4 410 6,400 14% 14 7a 190 51 51 51 50 3/4 507a 21 213/a 21 217a 217a 207a 205/8 5,800 2174 20% 217a 390 56 557a 56 56 56 563/4 56 563/4 56 563/4 55% 61S/8 61% 613/4 62 3/a 6,600 61% 62 62 613/4 613/4 188% 188% 14 133/4 50 *56 ;.:. 6l3/4 627a 62 . 63/4 7 67a 4% 43/4 472 6% 47a 4,300 Coty 3,800 Coty Internat Corp 7 4% 47a. 4S/a 47a 4% 4% 43/4 40 297a 3074 293/4 109 10974 10974 26 257a 26 37% 37% 37 38 387a 42% 42 4274 4274 48% 48% 4874 -215% 21s/a 215/a 104% 450 267» 2674 267a 1,100 Cream of Wheat Corp 26% 38% 3874 38% 3774 38% 3,700 *4174 41% 403/4 41% 2,800 Crown Cork *48% 49% 48 3A 483/4 600 49 215/a 21% 104% 1047a 104% 215/s 21% ''121% 2172 4,300 104% 104 S/8 1047a *1037a 10474 4174 40 407a 42 423/a 4172 42 41 3/8 4274 41% 41% 91 917a 923/4 93 92 9374 913/4 93 92% *923/4 93% 92 6,300 1,300 28 28 3/a 263/4 273/4 1,270 18 187s 20,600 27 •27% 2772 277a 2 7 3/4 273/4 173/a 177a 177/e 18 3/8 18% 1874 187a 1772 2774 , 28 *14572 1497a *1457a 149% 287a 28% 18 177/a *1457a *14572 *145% 28% 28% 283/4 317a *303/8 315/a 2872 *28 107a 117s 117a 11 53A 62 613/4 57/a 53/4 *12374 127 27% 27 267/a 19% *123 74 127 27% 277a 5% 197a 197a *12374 613/4 6 5% 127 *1303/8 62 62 19% 197a 193A 1974 267a 263/4 1307a 6 •1237a 127 10% 11% 1307a . *28 28% 10 3/4 28% 10% 613/4 23,800 1317a 180 613/4 132 10% 131% 11% 613/4 19 7a 197a 19 % 275/a 13% 13% 2778 ;;i3% 13% 6,200 preferred Par 1 1 100 No par A Class 7% pfd Inc Cutler-Hammer D 1 14 *13,% *109% 111 *3372 42% V 43 18% 19% 25 1974 V: 19 3/a 19% *110 7a 112 111 *110 7a 34 34 3474 357a 4274 42% 42% 42% *109% 36 427a 377t 377t *3774 38 x37% 237a 237a *23% 23% 2374 237t 45 Va 4674 45% 463/4 46 Va 47 24 44% 44% 45% 8% 97a 8% 97a ; 9% 9 22 Va 22% 22 %5 227a 9% 9% 93/a 22% 2374 22% *67 * 39% 69% *67 ■ 2274 67 373/4 4674 30 67 *3872 39% *38 7a 39% 38'/a *37 7a 38 *37 373/4 1,100 *42 7a 387a 39% *37 7a 38 37% 37% 37% 38% 43% *43 7a 447a 43% 447a 43% *427a *43 7a 187/a 18% 18% 18% 18% 18% 18% 18% 18% 18% 18% 1874 40 4474 39% 39% 4372 16,600 39% 43 45 40 43% 106 400 39% 39% 107 *105 *104% 21 *20% 2074 24% 68% 11274 55 14 Va 147a 159 159 *.113% 1297a 1147a 207a 20 48% 487t 2074 203/a 207a 48% 20% 247a 24% 687a 68% 687s 687/8 67% 68 12574 125% 125% 125% 12574 126 / 113 11274 11274 *111 557a 55 557a 147a 14% ; < 1607a ,,.*12872 129 11472 11472 v 24 z 1287a 23 % Doehler-Jarvls 10,900 No par 5 No par No par No par ..No par 1 1 No par Corp 19% 20 23% 247a 7,400 Dome Mines 687a 3,200 126 126 126 1267a 1,500 Douglas Aircraft Dow Chemical Oo 11274 11274 MllVa 1127a 300 7,500 2,600 553/4 55 5674 5674 57% 147a 14 14 133/4 147a 24 24 16072 1287a 1287a lift 7a 1143/4 Ltd $4 preferred series Dresser Industries A International Dunhlll 115 / 24% 1,500 Duplan Corp 159% 1283/4 114% . *23% 24% 161 161 Va : No par .... Class A. 68 ; ,114% 114% 90 247t •1287a 1287a 100 preferred Dixie Cup Co 5% 68 1607a 159% 160% ;• a V- 54 % 14% 14% 24 14% 23% 159 ' 2 No par Corp-Seagr's Ltd 247a ' " 23% r:. *112 557a Distil 300 4874 23 preferred Diamond T Motor Car Co 4,900 2074 partlc 6% No par No par Match 673/4 247s 724% 113 . 4874 203/a 207a Diamond 100 43% *19 7a 4874 •487a 23% ♦1287a 20% *4874 20% 55% 23% 207a 24% . 106 106 20 48% v' 125% *112 *105% 107 al06 107 20% 69 125% 207a 373/4 *43 24% 20% 247» 2174 48 48% *48 *104 7a 107 *2072 ' . - Raynolds A Devoe & 550 393/4 1603/4 3,500 / jDu P de Nemours (E I) & Co 20 $4.50 preferred No par Duquesne Light 57# 1st pfd 100 *12874 115 129 500 115 210 Jan 43% Jun 377a 8 Oct 108 Feb 105 Feb 8 407s Feb 507s July 8 1472 Apr 18% 2 % Feb 1 Va July 143/a ,40 40% 403/4 ; 19. 197a 193/4 147a 143/4 14% 15% 15 40 3/4 41 40 3/a 40% 40 40 ♦,176 178 *176 *J88 190 *188 197a 178 178 17774 190, 52 ' 190 *188 190 *5iVa 1897a 1897a 7,V *187% 18972 51% 51% :K 51% 51% 223/s 22% 22 22 23 23 23% 107a 10 3/a 10 1074 10 107a 107a 1074 48 487a 49 147a 4574 4574 14% 67a 6 78 '7 457a 46 477a 143/a 4574 14 74 477a 145/B 143/a 14% 143/s 14% 1474 678 *53/4 53/4 5% 43/4 11874 1187a 1113/4 111 111 45/a 4% 1183/4 jlll"% 4% *35 7a 36 36 367" 263/4 257a 26 253/a 253/4 *64 1047a 18% 187a 1037a 103 1047a *104 18% 103% 104 7a 104% 104 2% 2% *104 104 2% 137a 13 ■703/4 For 13 703/4 703/4 104 2% 137< 703/4 footnotes see page 683. 69 1043/a 18 3/a 1037a ,104 67 106 *104 7a 18% iogy2-Tin3£w^09 36 1047a 103 * 36 j 267a f 110 26 263/4 67 43/4 1187a 110 277a 36 277a 187a 1 36 36% 69 111 48 c*36 *64 119 3/a 46% 47 1047a 4% 1173/4 4%, 119 iio3/4 :• 104% 274 13 70 3/a 103 104% 105 2% ' 13% 71 66 105 1874 103 *104 1047a 66 1057a *64 *105 18% 103 103 8,500 1,300 14,500 67 106 ' *i,.,!v*48 6% 800 . • «" 36 24% 483/4 36 2572 *64 66 *105 106 19 18 103 108 185/e 103 2,500 600 9,600 300 140 25,700 560 *104 104 7a 104 104 105 *104% 105 1047a 1047a 2% 12% 2% 9,400 13 74 26,500 71% 727a 2% 2% 13% 703/4 ' 274 274 137a 137a 70% 717a 30 90 2,300 ......10 2 79 Jan 95% 8 24% Jan 2974 Nov 15 8% Feb 26 Dec 2974 Jan 2 21% Jan 2974 Dec Dec Dec 34% Jan 18 207a Jan 31 Jan 24 95% Jun 103 37a Feb 104 3 4% Jan 27% Feb 2 32% Feb r Oct 67s Jun 3674 Jan 217a Jan 27% Jan Jan 3074 Nov 7% 1 26 Jan 137a July 24 Jan 32% Oct 4 1174 Jan 207a Dec 8 187a Jan' 25% Dec 12 Dec 22% Jan 2 53% Jan 11 Feb 9 Aug 24 14% Jun 24 45 8 2572 Jan 111 Jan 537a 102% 3078 Jan 9 97a Jan 3 8 327a 7 112% Aug 10 12% Feb Jan Mar 10 Oct 774 1057a May 6 41% Feb cum preferred..,., Bros Stores Edison ■■■■> Feb 4374 May 41% Jun 27 4972 Dec 10% Feb 5 5 Va J an 974 Dec 11 26% Sep 337a Jan 3374 Feb 5 2472 Apr 317a Dec ■19% Feb 7 5 387a 143/4 Jan 11 Feb 5 1974 July 1274 Aug Jan y, 50 , 51 13% July Jan 52 Mar 2272 Jan 12 17 44% Jan 623/8 Feb 7 52 Va Apr July 2574 July 15% Jan 5872 Jan Dec 48 Feb 103/4 47 57 Dec 61% . Oct 188 72 Feb 3 173% Apr 774 Jan 4 184% July 19 5 V. Jan 774 July 2 2 4% Feb 1% 183/4 Feb 10474 5 Jan 3074 Jan 5 1 30 Jan Aug 27% Jun Oct 111 Jan 6 267a Feb 9 20 \ Jan 25% July 38% Feb 6 163/4 Jan 32 Dec 427a Feb 6 273/4 Feb 39 Aug 45 Jan 49% Aug 157a Feb 227a 110 2 2 48 3/4Jan 11 22 Feb 7 105 Inc Dec Jan Jan 3774 Nov 19 69 Jan 897a Dec 30% Jan 8 2072 Jan 29% Dec l93/4 Jan 8 113/4 Feb 197a Dec 1457a Jan 23 2974 Feb 2 2 977s 28 943/4 Jan 2 2 22 5 23 1 20 2 Jan 2272 32 74 Jan 12 19 Jan 297a Mar Jan 22% 1087a Jan 4 31 10 12 30% Electric Power & El Light 11% Jan 109 Va Nov Jan "liya 57a Aug 25 Jan 29 97 Feb 5 41 Apr 67a Jan 3 43/4 11 143/4 4 Dec 7% Nov Jun 27% Jan 1974 Nov 217a -Nov 127 II43/4 May vT July 617a Jun 20% Jan Storage 287a Apr 4% Jan 137a Nov Jan 24 6Va Jan 237a Jan 12 197a Mar 19% Feb 8 13% Jun 1674 Oct Dec 113% Apr 14 Jan 12 Jan 12 2 ? 23% 10 Feb 8 21% Jan 417s Oct 43 Va Jan 5 36% Apr 45% Jun x373/4 Feb 8 327t Apr 36% 23% Jan 23 177a Jan 22% July Feb 8 177a Jan 37% 10% Jan 9 110 Jan 36 47 9% Mar 5"% Jan 7 18% Jan Jan 4 52 Feb Jan 4174 Oct Jun 357a Dec 42 Sep 40% Jan 9 387a Jan 3 28% 43 s/a Jan 31 RR 6 1374 45 Feb 9 x273/4 Jan 19 21 % Jan 8 177a July Jan Jan 433/i 11072 Jan 20% Jan Sep 49 ■ Nov Feb 1 23 74 Jan 5 25 Jan 27 72 Jan 3 12 1143/4 Apr 131.... Jan 17 1063% Jan 113 Aug 62 3/4 Jan 3 287» Jan 14% Jan 30 874 Apr 14% Nov Jan 5 11% Feb 2074 Dec 16174 Feb 7 137 Feb 1627a Jun 129 Feb 1 123% Jun 1287a Dec 115 Feb 8 113 Dec 12.0% Jan 49 5474 Jan 23 12% Jan 12 20% Jan 4 155 Jan 125% Jan 113% Jan 2 9 6 25 ; „ 27% July 217a May 47 727a Nov May 58% ' 5% \ Jan 22 7 10% Feb 14 y8 July 22 42% Jan 8 33 Apr 41 18 V4 Jan 26 23 Jan 3 13 Jan 22 : 15% Feb 4 7 1827a Jan 178 6' v 175/7 Jan ?. Jan 22 52 3/4 Jari 9 213/4 Jan 15 23 7s Feb 6 li y4 Jan Feb ' Sep 52 163/4 May Dec 247a Jan 41 Dec v? Dec 195 49 ■ 190 Dec 253/a Jan Feb 6 . 6% 157 Jan Dec 97a Feb 1 2 874 Dec 42% Jan 20 49 Feb 8 37% Jan 453/4 Aug 15 10 Apr 153^ 20 153/4 Jan 5% Jan 2 674 Jan 18 3% Jan 2 5 Feb 2 Jan 14 3% 1574 Sep , 67a Jan 37a Nov • : • Dec Oct 572 July 119% Feb 6 Apr 114 3 1113/4 Feb 3 78 Apr 103% 44% Jan •;.2 48% Feb 9 3974 Apr 47% July par 3 343% Jan 2 3672 Jan 9 273/4 Feb 343/4 Nov 4 2272 Jan 9 297a Jan 18 15 Sep ,7223/4 Dec Jan 31 7072 Jan 20 577a Jan 68% Dec 1047a Jan 3 105% Jan 12 10174 Jan 1087a Jun Jan 4 Jan 3 Jan 50 100 pref series A Dec 3974 Jan 103 _No i Service No ..No _No Bldg Dec 105 Apr 1574 Dec 38% Feb 95 11474 Jan 122% Jan 109 Battery.,.. Office Oct 12774 Jan 67% Feb —No par common Dec 65 3874 Mar 106 18% Feb 217» ' 2974 185 ..No par preferred tEquitable Oct Dec 2374 Feb 68 174 3 Mfg Co Johnson Corp.. Public $5 preferred $572 preferred $6 preferred. Oct 1097a par ..wrnr Natural Gas Engineers Erie Dec 1 Emerson Electric Endicott Aug 140 Apr 62 -No par preferred preferred Paso Dec 29 29 101 135 16 22 2 Dec 144 Jan 112 5 Auto-Lite (The).. Electric Boat __.Z — Elec & Mus Ind Am shares $7 Dec 105 Feb 42 3/8 Jan 2 jElastic Stop Nut Co $6 Jun 137j Mar 3372 Jan 4 "r j^.. Go Electric Electric Dec 29% Dec Feb 20 Dec Nov 112 Jan 112% Feb 49 Oct 16% 1478 Feb 23 5 25% 108% 1 4 3 24 2 22 20 31 24 ' 21% Feb 2 6% Feb 4% July 102%, Jan ; 2% Jan 7 10874 Jan 100 No Cp__ri.^_. Eaton Manufacturing 2,500 1107a 1047a 1374 703/4 487a"' 48%< 183/4 143/a 23 3 47 463A - 6 463/4 47 46% 10% 4774 147a 53/4 6 Ml 8 7a 43/4 *22 3/8 ' 11,400 119% 23 1072 10% 47a 23 473/4 5% 523/4 ;„ 1,200 1,100 4,000 Kodak Eastman 30 51% — ■mftmrrTrnl lno Eastern Stainless Steel Corp 5 Eastern Airlines 600 51% 23 9% Eagle-Picher Lead Co. 15,200 3,700 5,300 517a 527a 1 19 1777a 1777a 17774 193/4 20 15% 397a 1974 197a 178; 190 X52 20 178 19% 20% 178 w 143/4 3974 153/a 41% 1474 147a 13% Dec Jan < , Jun 2574 Jan 35% Jan 24 22% Feb 1 34 V4 Jan 19 8% Jan 24 21 Jan 2 67 Jan 31 36 Jan 23 35 Jan 6 4072 Jan 4 1672 Jan 2 38 Jan 22 105 Jan 25 18 Jan 3 47Va Jan 18 Jan 22 Va Jan 20 10 100 Delaware Lack & Western 50 Detroit Edison 20 Detroit Hillsdale & S W RR Co__100 Preferred 9,500 49% 8 Jan 10 33 Jan 9 ': 40% Jan 22 Delsel-Wemmer-Gilbert 39,300 Jan ,'i ' ^1276 d '2372 ,'16% ' 110 Delaware & Hudson 20,900 93/a 22% 39 39 t' preferred .25 Davison Chemical Corp (The)—.2,1 Dayton Pow & Li 4M»% pfd—1100 Decca Records Inc 1 Deere & Co ^ No par 300 397a __ 18 . Davega Stores Corp 200 23% 44 3974 40 *37' 9 67 697a *67 69 % 4,000 443/4 22% 67 1,400 423/4 *23 93/4 22 3/4 • 697a *67 ■: 373/4 237a 353/4 42% 42% 3774 43% 2274 35%. 36 *3672 23 y8 *22% *110 7a, H2 112 37 *36 14,600 19% Apr 29 Feb 26 Va Jan 22 5% 25 *23 . 43 42% : *23 V..V 14 3474 111 *33 7a 3474 25 18% 1874 1874 187a *109% *1374 14 *23 25 *23 25 *23 M378 1374 13% 16% Jan v.7'> ' 1 Dec 8 23 % Jan 35% Jan 877a Jan 2672 Jan 17 V2 Feb 14572 Jan 25% Jan 30 Jan 10672 Jan 28 Jan 9 7» Jan 130 Jan 59 V4 Jan 5% Jan 1874 Jan Curtls8-Wright 600 273/a Dec 37 47 preferred Cushman's Sons Inc 127 *12374 127 Dec Jan 16 25% Jan 107% Feb 24 Jan 100 100 Cuban-American Sugar 10 7% preferred 100 Cudahy Packing Co 30 Cuneo Press Inc —.—.9 472% preferred 100 Cunningham Drug Stores Inc._2.50 Curtis Pub Co (The) No par $7 preferred No par Prior 987a 29% Jan 2 2 5 Jan 17 6 Jan 3 72 Jan preferred 5% Cuba RR 6% Feb 31 lA Jan 22 Jan 6 Jan 18 20% Jan 22 103 Jan 5 Crucible Steel of Amer 800 45,300 4,300 6 5% 6 V/": 277a 277a 108% *28 287/a 300 31 303/4 *1077a 10874 4,300 2874 28 31 31 *107 7s 108% *28 62 6 19% 19 *122 132 *132 130 5% ■ 31% 1077a 287a 62 61% 61% 28% 107/a 103/4 130 131 *130 * 1087a *107 *2772 2872 *27% . 31% *303/4 *107 % 10872 1087a *107 ' 28% *303/4 287a 28 297a *30% 149 7a •1457a preferred $5 conv 84 95 No par Zelierbach Corp Crown 640 ' 99 21% 104% & Seal $2.25 preferred 13 177a Jan No par No par No par 5 No par Crosley Corp (The) 417a (The) Feb Jan 46 Feb XI82V2 Jan 100 2 preferred conv 41% *48% 40 3/4 105 105 5% 93 20 Jan 23 54% Jan 8 58 V4 Jan 2 —23 Co- Crane 29% 1087a 26% 30 38% 387/a 427a 49 *48 4874 21% 11,000 293/3 1087a 297a 108 3/4 26% 26% 26 41% 257a •> 108 977a Feb 42 4772 Feb 5 127a Jan 2 4972 Jan 16 1 1 Inc 1097a 307a 1083/4 293/4 307a 10974 ,29% 30% 108% *4 Jan 70 46 Jan 3t 8% Jan 2 30% Jan 24 2972 Jan 2 16 Jan 2 —100 Preferred 1877a 76 107% Feb Jan Jan Jan Jan Jan Jan Jan Jan Jan Jan Jan Dec 7 24% Feb 2 Jan 57* Mar 3% Nov 2 2 49" 2 Jan Jan S per share share Feb 102 10 3772 Jan 2 11 Jan 2 5 50 1 20 25 Copperweld Steel Co Conv pref 5% series Cornell-Du oilier Electric Corp Corn Exch Bank Trust Co Corn Products Refining 6 3/4 7 7 67a 6% 7 Ml 6% 108% Cooper-Bessemer Corp $3 prior preferred *1863/4 188 *187 187 187 189 *187 185 *187 *50 7a ,51 ill $2.50 1 5 No par No par No par Insurance Motors 32% 48 10 3% 21% preferred 50 Consumers Pow $4.50 pfd—No par Container Corp of America 20 Continental Baking Co. No par 8% preferred 100 Continental Can Inc 20 Continental Diamond Fibre 5 Continental Oil of Del Continental Steel Corp 477a 48 48 487a 48 487a 48 13% 100 25 pfd of Cuba 6% Continental Continental 12% 473/4 213/a conv 2,600 59,300 12 12 50 pfd 1 No par $2.50 5172 273A 97a •^28% $1.25 Consol RR 3174 1774 25 3/4 20% 1872 50 108 74 27 874 13 Consolidation Coal Co ,,1,900 111 111 No par 5 Consolidated Vultee Aircraft 4% Feb 95 Jan 27 Jan 9 Jan 15 Jan 24 Jan 2 101 4 24% 106% 574 28 11% t per $ per share Highest Lowest ;. 89% Jan 6 29 72 Jan 1 Corp Highest 2 1944 Year January 1 27'A Jan 22 5 Natural Gas Consolidated 5,700 19 183/4 par par par No par No par preferred $2 par tic par Industries • 39 107 Jan 8 427a Jan 2 15% Jan 24 Jan 2 89 Jan 24 28% Jan 2 22 Jan 12 23 No par No par No par No par Conde Nast Pub Inc preferred Consol Coppermines Corp Consol Edison of N Y $5 preferred 103 103 47a 4 x26% 2774 267a 27 U 1033/a *103 13,400 17 165/a 17 16% 17 933/4 93 * .... Commercial 5,300 84 9574 21 47 7a No par No par No par 10 100 Carbon Co Columbia Pictures 400 453/8 457* 46 100 Columbian 12,100 108 *107 1073/4 453/8 457a 45% Columbia Gas & Elec 453/8 45 47a Jan 9074 Jan No par preferred series A_.~....100 88 49 share 4% 9474 *86% *48% share I per share Par - , 45/a *87% 887a *86% $ per share • 94 93% ' Shares $ per share 943A 47a 474 43/8 Q3 94 94 $ per $ per share J per share V. $ per the Week Range Since Lowest 7/ NEW YORK STOCK EXCHANGE Sales for Feb. 9 Feb. 8 Feb. 6 Feb. 5 Feb. 3 Friday Thursday Feb. 7 Tuesday Monday Saturday Wednesday 66 16 19 81% 83/4 Jan Dec 177a Dec Dec Feb 8 87 Jan 104 Dec par 1007a Jan 5 1033/4 Jan 29 Jan 23 89 Jan par' 105 Nov Jan 5 105 102 106 3/4 Jan Jan 107 Dec 104 92% par 11 2% Jan 20 % Jan 11 9% Jan 14 Dec 46% Jan 70 Dec . Feb 1.-V No par 17a Jan 2 No par 127a Jan 22 100 68 72 Jan 19 15 72% Feb 9 Apr 1 % Dec • THE COMMERCIAL & FINANCIAL CHRONICLE Number 4359 Volume 161 NEW YORK STOCK RECORD STOCKS LOW AND HIGH SALE PRICES Saturday $ per share •88 Feb. 6 Feb. 5 $ $ share per $ per share $ per *88 14% 15 14% 147/a *14% 15 18% 19% 18% 19 %• 18% 19 18% 92 44'/a < *88 • 44% *6% 44% T 6% - 45% 6% 44% 44% 7 *88 92 6% 45% 6% 14 % 18 18% 44% 44% 7 , : .■ 6% 7 * 1,800 J 47% 48 48% 48 48 47% 48 47% 46% 46% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 15% 16% 15% 16 15% 15% 16 ,v -21% 15% 20% 15% 20% 18,000 21 y8 15% 20% *105% ; 21 106 21 y4 28% 26 26 20% 21 21 20% 107 *106 105% *105% 106% 29 y4 105% 28% 29% 29% 29% 26% *26% 29 X47 21% 107 *106 * 30 29% 27 26 26% 27 26% 10% 10% 10% 11 10% 11 11 11 10% 29% 29% 30 29% 30 29% 29% 29% 104% 104% 104 y2 104% 104% 27% 27% 27% 27% 52% 57% 53 *42 42% 26 *108 52% 58% 26 *41% 30% 30% 30% *7% 7% 7% 43 26% 27 109 42% *109 . 26% *109 26% Ferro conv Enamel Corp.. No par 100 ..1 ... 1,600 Fidel Phen Fire Ins N Y. 6,000 Firestone Tire & Rubber.... 200 44% 1,200 27% 15,300 26% 26% 4%% Flintkote Co *41% 42% *41% 43% *41% *30% 32 VA *31% 32% *31% 32% $4.50 600 7'/a TVs 7% 7% 7Va ":7% 1,300 51% 49% Apr 13 y2 Oct 9% Apr 17% Dec 24 46% Jan 3 21% Jan 47 Ve Dec 2% Jan 6% Dec No (The) ; 9 Jan 2 Jan 24 109 41 7 16 Jan 44% Dec Jan 47% Dec Jan 14% Jan 14% 53% Feb 53 Jan Dec 10% Aug 32 Dec 108 Dec 45 38% Feb 34% Jan 44 Aug 26% Jun 111% Dec 42 Va Dec 33% Dec Jan 24% 11 Dec 57% 109 Apr 35% Jan 18% May 104 Va Jan 17 . 27% Aug 53% Nov 103% 109 Jan 19 42% Jan 30 7% Jan 24 Jan 17 9 33 Apr Jan 93 9 2 Nov 5 8 27% Feb Aug 27% 22% 6 Feb 44% Jan Dec 105 Jan Apr 17 8 58% Feb 177/a Jan 100 8 6 2 2 2 109 Aug 9% 33 Va Feb Feb 30% Jan 107 Jan 27% Feb 27 11 84 y2 21% 19% 19 4 i 7 Jan Jan • 8 Feb 30 30 Va Feb —No par Jan 48% Feb 5 317/a Jan 18 16% Feb 2 21% Jan 17 l06'/2Jan 8 6'/2 Jan 24 "47% Jan 24 No par Florshelm Shoe class A Jan 22 23V4 Jan No par — 2 50 —No par preferred Jan 2 Jan 4 Jan 2 Jan 5 Jan 29 107% Jan 26 42 y4 Jan 2 par 86 2 54 25 . Jan 24% Jan 100 Florence .Stove Co 42% 42% Feb 6% 6 103 $2.50 preferred National Stores First 10 110 *109 110 *109 110 4%,% 570 1,900 31 31 31 26% 26% ' 78 % 2 19% Feb 23% Jan 5 9% Jan 22 28 y4 Jan 23 —-.5 Stores. preferred. 53% 58% 43% 43% 43% 43% 27 15% Feb 27 25% Jan 2 109 Vs 53% 57% *109 109 No par ... Federated Dept 3,300 27 27 53% 58% 53% 57% 109 109 Ve 43% 110 v *41% 42% 53 Y£ 58 y® 58% *109 27 y4 Jan 2 Jan 42% 25 y8 13 ,17 105 Federal Motor Truck.—..-.No par 14,500 105 'A 105 105 27% 27 52% 58% 108% 43 42% 109 110 *41% * 104% 104% *26% 53% 108% 42% 26% *109 58% 53 Va 57% 108% 104% 27% 108% *52% 58% *108 104% 27 27 ; Federal-Mogul Corp: 800 29% ♦26% 20. Federal Min & Smelt Co 2,800 11 30 '/a 10% 29% 10% *29% $6 preferred.. 50 29% -No par FaJardo Sug Co of Pr Rico I .per share 42 % Jan Farnsworth Televis'n & Rad Corp.l Federal. Light & Traction 15 2,200 v 107 *106 29% 27 30 2,100 Highest I per share 24 6 Fairbanks Morse A Co_ 4,900 16 30% t per share 15% Jan 86 Exchange Buffet Corp—2.50 8,100 2,300 1944 Lowest 11% Jan 50 ——5 —3 3 Eureka Vacuum Cleaner Evans Products Co.. * Ex-Cell-0 Corp. 2,600 ; Year Highest f per share Par 15% 47% Lowest Erie Ss Pitts RR Co 14% 45% 6% , 92 14% 18% 44% 6% 45 Range for Previous Range Since January 1 NEW YORK STOCK EXCHANGE ■ ' Shares *88 92 14% is% ; 19 the Week $ per share share *88 92 92 15%My* ; Sales for Feb. 8 Feb. 8 Feb. 7 share per Friday Thursday Wednesday Tuesday Monday Feb. 3 Dec ' 1? 51 52 51% 6 % 7% 7 50% 52 *50 50% 51 51% WYtQt 17 16% 17% 17 17% 69 69 69 70 70 71 71 71 70 70 28 28% 29% 29% 30% 29% 30'/a 30% 32 31 33% *25% 25% 25 y4 25% 25% 25% 25% 25% 25% 25% *25% ' 25% 16% 16% •16% 16% 16% 16% 16% 17 16% 16% *16% 16% *67 ., 27% *130 135 35% *130 35% 35% 36 36 43% 113% 7 7% 7% TVs 7% 7% 6% 6 6Va 6% 6% - ' 17% *65 68 *17% 17 % 17% 17% 17% 17% 17% ; *57% 13% 18% 8% 7% 8% 6% 6 6'/a 17% 100 ' 51 17% 17% 17% 17% •17% 17% *17% 18 17% 17% 1,600 *65 68 v *158% 117% 19% 7% , 7 Gen 5,400 " 28% 420 29 *158% 160 160 158 Va 158V4 *158% 39 V4 39% 39% 39% 39% 40'% 41 41% 407/a 41 39 % 39% 41 40 Vz 40 Va 160 , - 7% 190 Jan 17% 70 Jan 30 y2 Jan Feb 9 114% Jan 4 46 36% July Dec 447/a 29% Jan 103 Sep Dec 135 116 Sep 7 Apr July 2 8% Feb 7 2% Jan • 6% Jan 30 27/a Jan / Jan 6 Jan 27 17% Jan 18 12% Jan 18% Jan 12 18 Va 7 16% 15% Dec 177/a Feb 18yB Jun 62% Sep Oct 66 Nov ~6 9 A Jan 2 ~8% 2 27% Feb 4% 13 Va 51 13% Feb 8 10% Feb 109% Jan 15 163 3 Jan 1143/4 Jan 28 Jan 156 y2 Jan 377/a Jan 19 22 22 24 4 105 Dec 77/a Jan v Dec Dec 23 y2 Feb 5 5% July 17 Va Jan 1 Jan Feb 61 160% Jan . , — Jan 2 12 V2 Jan 22 106 Jan 19 49 Jan 31 83/4 Jan 2 par No Dec 13% 18% Jan 135 Jan 31 37 Jan 11 2 7V2 Jan Dec Dec 58% • 16J/4 Dec Nov 109 Jun • 52% Jan 9 9% Jan 11 Feb 9 41% 54% Apr 7% Jan 143 20% Feb 7 6% 10 4% Jan 11 11% Jan Jan 12 81% Jan 29% Feb 7 25 Va 161 Jan 7% Jan 227/a Jan Apr 123 160 Jan 140 9 Oct 9% July • Feb Nov 19% Dec /r 7% July 22 V2 / Dec Dec 124 29 y® July Feb Dec 155' 5 35 Feb 40% 42 Jan 17 40 Nov 43% July 2 4 Jan 26 4 143 Jan 25 115 6 124 Feb 9 102 130 132% Jan 5 128 62 No par — General Foods Corp.. 5 7,900 23 27 58 100 No par 100 preferred cum . 23,900 5 Jan 23 par No General Cigar Inc-i— : 7%. preferred / General Electric Co 1,800 39% 41% 39% 40% Class A / 1,400 Jan — . No 24 <16% Jan No par 5 8 * Transportation Jan General Bronze Corp.. —9 A / 17% Jan 22 General Cable Corp ——No par : 63/a Jan 22 .3,700 119% 119 29% 29 V4 " 13,900 , • Amer 25% Jan 22 16 17 No par General Baking.... $8 preferred 210 . Jan 6% Jan I preferred... 3,300 21 20% 119 29% 29% V 163 19% - $6 Dec 20 4% Jan —5 50 Gen Amer Investors 13,100 Dec 29 25% Feb 4 42% Jan 20 Wood Industries Inc Nov 69 Jan Jan 113 No par Gaylord Container Corp 5%% conv preferred— r 30 9% 9% 7'/a 1,000 51% 51 161 21% Gar 25,400 ' 16 16 17% Feb 72 Jan 33 V* Feb 120 34 1 preferred $3 —' 107% *106 9%v 20% 7 117 , 29 38% /:f : 21% ' 13% 161 20 7 Vs 21 116% 116% 13% 51 9% 160% 20% . 58 107% 51 9% 21 8% 26% 58 13% *106 161 7 40% 40 20 8 26 8V4 13% 5iy2 9VS> 20% 39 ,38% 51 7 28% 13% y?: 58 26% *57% • 11 y4 May 53% Jan 13 16 100 Co.... 58% Mar 25 : — / Gardner-Denver 8% July 43% Aug Jan 26 Jan 24 15% Jan (The) cl A.——No par (Robert) .1 6% preferred 20 Gamewell Co (The). Ao par • ' 68 *65 26% 8 . 107V2 161 21% 116% 28% 160 159 . 8'/4 58 *106 9V4 • 26% ,13% 161 7 21 116 *28% 160% 18% 7 ?.r 21% / 26% 51% 9% *160% 18% 67/a 115 ! 28% 8 68 , i Co Gair Co Inc 1,500 177/a "*57% ' 107% 51% 9% 21% 115 28% *106 161 18% / 7 21% *65 V' *17% Trailer preferred 5% May Jan 25 66 Corp Gabriel Co 17,800 *17% - 24,600 6 17% I 13 Va 9% *160% 18% 7 21% 13 Va 107 y2 50% 9% 161 8% 58% 4V2 % 580 TVs 1 —— Machinery Corp.— .1 Fruehauf 1,300 8% 17% 26% 58% 13% *106 50% 9% • 8% 46 114% 6Ve 17 ' : 26% 46 6 17% 68 58% 13% , , 107% 50 ,27 . V. *57% 58% 13% 27 •/ 8% 7% ' 27% *65 68 •3,700 113% 10 100 10 10 6% prior preferred ——25 Francisco Sugar Co....—No par F'k'n Simon & Co Inc 7 % pfd 100 Freeport Sulphur Co 10 2,600 , Corp preferred.—. Foster-Wheeler 210 114% 114 Food 800 ■ Steel conv Food Fair Stores Inc 1,000 134 *130 44 44 . 114% 16% 5% 24,100 7% ■// 17% *65 7% 26% *159 ,17% *17% . 114% 17% 36 ' •17 115 114% 17% 17% ,"T7// *160% 114% ■ 17 *17% *106 114 35 y2 44 43% 44 43% 114% 134 *130 135 35% 43% 43% *130 114 *43% 17 *70% 135 *130 133 35% 35% 17 *16% Follansbee 530 50 65% Feb 8 51% 129% Jan 40 , 24 Feb 1 3% Jan 1343/4 Jan 113 Jan par 40y8 Jan Dec ' :-"3%' 4 4 3% ' Gen Gas & Electric A 29,200 4 145 *142% 145 *142% 145 142% 142% *142% 145 60 125% *123 Va 127 * 127 *123% 127 *123 126 ,*140 {124 145 *123 124 100 *131 133% *131 133% *131 133% *131 132 y2 131 131 *131 132 65% 65 65% 128% *128 *3% / 4: 3% 3% *142% J; .■■■. 4 No par ' 123 Va . $6 conv preferred series A-No General Mills 5% 10 par No par preferred. 100 10 128% 128% 700 General Motors Corp.. $5 preferred 55% *543/4 55 Va *54% 55% *54% 55 Va *54% 55% 543/4 55% 300 Gen 11% 11% 11% 113/4 11% 11% 11% 12 Va 12% 123/8 113/4 12% 6,800 25 25% 25 25% 25 25 :,/4 25% 25% 25% 26% 26 9,800 10% 10 y4 10% 10% 10% 10% 10% 10% 10% 10% 5,800 General Printing Ink 106% 106 Va Jan • 2 Jan 22 127% Jan 6 53 Jan 11 Gen Precision Equip Corp—No par 10% 64% *128% 64% 64% 128% 64% 65% 65% 65 65 % *128 128% 65% 30,600 ' 128 129 129 129 - * *54 *106% 107 *106 Va 107 *106% , 107 *106% 25% 10% 107 *106% 107 32 2% 2% 2% 2% 2% 2% 33% 2 V» 333/4 343/4 33% 34% 33% 128 *125 *125 *125 . 4 Va 4% 4% 23 Va 23% 23% 23% 19 y4 19% 19% 193/4 106% 106 3/4 106% 30'/a 24% 23% 23% 19% 20 xl06% 27% 29% 31% "2TVs 29% 105% 27 5 ,27% 30 30 108%. 16% 15% 15% 15% 937/a *93% 9374 93% 93% 93 23% 2374 233/a 23% 102% 120 15% 12,900 23% 102 74 233% 103 153/4 *93% *100 16 155/a 15% 15% *100 'A 103% 102% 26 2614 25% 26 26 26 Vs 2« % 26% 53% 53 53 53 53 53% 53% 4 4 4% 4'/a 53% 4% 53% 4% *159 161 23% 102% 26 *52% 102% 25% 25% 58% *102% 103 '•'■ 4 Va ■■v.. 4 414 159 159 160 4% 160 *157 162 *160 59% 26% 27% 273/a 583/4 593/4 59% 593/4 *103 103% 55% 55% 56 Va 573/a 57 111 Va U1V4 *111 / 111% 153/4 153/4 *15% 153/4 *103% 573/a 111% 15% 103% 103% & 162 73/a 4% 19 3/4 19% *19% 14% 15 Va 38 38 19% 19% 19% 19% 15% 15% 15% 15 38% 1514 *38 37% 38% 38 15 48% 29% 24% 24% 24% 24% 24% 15 *24% 15 15 Vs 15% 15% 49 Va 48% 49 163 48% 29% 29 y8 29% 163 *162 2914 163. *163% 19% *19% 15 153/a 14% 15 373/4 38 37% 37% 49 15% 24 24 24 24 15% 15% 15% 15% 47% 29% 29 *164 165 15 y4 48 48% 164% 73% *70% 73 Va *70% 523/4 523/4 *52% 527/a 52% 52% 52% 53 23% 233/4 23% 23 3/a 23% 23% 233/a 237/a ♦104% 104% *104y4 104% 34% 35% *70% 5% 174% 177% 15% 1043/4 *1041/4 353/4 343/4 353/8 5% 61 51% : 104% 343/a 178 175 16 15% 15% 61 51% 53 104 Va *66 24 104% *io4y4 35% ■ 7 : 175% 16% 177 182 180% 153/4 16 Va 61% 60% 603/4 51% 51% 51% 153/4 * 603/4 18,000 6% 181 29,200 181 15% 61 15 3/4 603/a 51% ' 110% preferred Nov 17»/8 Jan 15 95 15 92 21 Dec 1051/a Aug 16% 7% Jan Dec Jan 6 69 Jan 9OV1 Dec 24% Feb 1 HVa Jan 227/8 Dec 7 2 4 105% Jan 10 Jan 104% Dec 26% Feb 9 18 Va Jan 25% Dec 53% Feb 7 45 Apr 52 4 % Feb 9 Jan 3 23 102 Vs Feb 25y4 Jan 52y2 Jan x83 2% Aug 41/a May Jan 1 100 33/4 Jan 156 Jan 2 4 1651/2 Jan 12 25J/aFeb 1 27% Jan 18 53 % Jan 10 59% Feb 5 102Va Jan 9 51V4Jan 2 IIOV2 Jan 23 104% Jan 31 7 36% Feb 51% Dec Jan 4 104 Va Jan 112% Jun Jan 2 Jan 22 Jan 2 5% Jan 11 8% Jan No par Ore Jan 24 Jan 26% Feb" Feb Dec Dec No par (B F) Iron 19% 99 32% Feb 109 pec 27 31% : 10 Telegraph Co t 1 5 No par No par Prop 4% 14 Vs 5% 18% 14 Vs {. 36% B' 3,4 * • 3,4% . 10 ; preferred Nor 8 2 2 No par (The) conv Sep 1 Jan Jan No par 30 Feb 26 105 No par No par 50 __20 No par. Jan 3 Jan 23 Jan 22 175 Jan Dec "Feb 54% ~Jun Jan 104V2 Nov 98 • 17i/4 oct 16 Jan 2 1% Jan 7 8 Jan 15 3% Jan 5% July 197/8 Feb 8 16 Vs Jan 11 4iy8Jan 9 -32% 19% Jan 15% May 9% Feb • Jan 2 24% Jan 10 23% 2 15% Jan 11 14y8 11 25 Va Dec July • Jan Dec 25% Dec 52 % Jan 16 Aug 42% Jun Jan s/f^6.l/a Jan 24 pfd„No par 57% Feb 112 85 y2 40 Mar 17% Nov 49% Dec preferred——. >: $8% Jan 2 29% Feb 1 24% Jan 30 Dec 100 Western Sugar Grumman Aircraft Corp Guantanamo Sugar B% / 162 8 164% Feb 8 143% Feb 163 Nov 100 64 No par 1 100 1 No par 100 Jan Jan 2o 52 Va Jan 22% Jan No par Gulf Mobile & Ohio RR—No par $8 preferred— .No par 10,300 1,200 60 3/a 51 290 , 19% 5 —No par Green (H L) Co Inc Grevhound Corp (The) 4%% preferred 1,300 34 6% 180% : is • Co preferred— Preferred 12,900 100 105% 33 A 257/8 July Jan 100 Green Bay & West RR 53% 233/4 34 „— & Rubber preferred Great Northern Ry 6% 30 72 533/4 24 6% 60% 51% 104% 7 51% .60%: 51% 6% 72 .■/ 53% 23% preferred conv Great 3,700 * Apr 14% 15 5% 15,200 28% 165 19% 107% Jan Great ' 153/4 60% 6 28% *164y4 6 8 Jan Grand Union Co... 500 Oct Feb Feb Jan Granite City Steel— Grant (WT) Co 4,700 48 47% 29% 164 'A *66 73% 57/a 53/4 174%: *70% , 347/a 34 5% * 73% 48 3/a 29 29 V* 165 500 Dec Nov 20 19 Graham-Paige Motors Granby Consol M S & P 1,000 . 4i/4 24 74% Gold & Stock 5,600 19% 124 24 22% tGoebel Brewing Co. 4,700 19% 15 Va NOV 2i/4 July 31% Nov 8 4%% 103,500 19 % " *24 * 5 /:■ / Apr 3 Gotham Hosiery 5 7% 5 3% 30 800 4% 7%; 4% / 19 Feb $5 preferred ————No par Goodyear Tire & Rubb No par $5 convertible preferred—No par 7% 7% 5 26 27% Jan 300 15 112 Jan 109% Jan $6 preferred™ 30 11% Aug 107% Oct Jan 22 Jan - Jan 5 Vs Jan 127 3 19 900 553/4 *111 12 3% Jan 21 7,600 '7% 8 123 % Jan par 56% 14% 4% 100 10c 1113/4 15% 7% Apr 103% 14% 5 197/a Nov 13% July 23% Jun Apr 6% 263/e Jan 5 27 V2 Jan 22 106% Jan 22 Telephone Glidden Co ' 77/a 5 28% Jan 24 par 103% 10378 15y2 7% 34% Feb No 187/a 106 Oct 56 Va . Apr Goodrich Co 57% 4% 1% 6,500 111% 5% 12 59% 563/4 7% 2% Jan 58% 111 3/a 5'/a 3 Goodall-Sanford Inc 57% 7% 3 5,800 *15% 15% 7 27% 111% 57 8 10% Feb 2 Dec Nov July ; 130% Jan 26% Feb 27 111% Jan 101% Jan 22 $5 1,500 14,000 66 Jan 4% 107% Jan Gimbel Brothers 4,100 54% 36% 8 6 —1 Gillette Safety Razor 500 26% 4% ;i 4% 27% 59 103 3/a *102% 103% 26% *111% 102 % 125% 9 12% Feb Corp 20 Corp—No par 100 General 4%% 2,600 26 *53% 162 26 583/4 ' General Tire 400 23 % *101 162 25% 593/4 25% 25% 93 *91% 27 55% Feb 7 22% Jan Gen Time Instrument 8,400 93 24'/a 31% 108% 134% Feb 9% Jan No General Shoe Corp..— 4%% 31% Mar Gen Steel Cast $6 preferred—No par ; 800 *106% 109 16 120 106V4 Feb l7/8 Jan 10c General Refractories •<.; *107 32% 109 24 15% 24% 1,080 1,400 27% 30 31% 32 108% 1,600 27% *107 31% 31% 109 106% 6,700 30 . 29% *107 —— 31% *107 1.07 — *27 23% 19%,..19% 105 'Td53/4 23% 19% 109 ■ Jan 140 Jan 1 Signal V 0% preferred Gen Realty & Utilities new 13,300 23% 27% 40 4% 19% 29 % 5,800 4% 10 3% Aug Sep Sep , No par Gen Railway 125 - parpar Gen Public Service 4% 23% *107 94 y4 15% *93 124 128 4% 19% 108% 109 108% *125 > 4% 2,900 2% 33% . 32%. 24 273/a 30% 30% 111 *109 128 Cnvf 2„- 34 19% *107 *107 2'A 33% 34 4% 4% 29% *29 V* 29% *125 *2% 23% \ 108 27 27 27 *29'/a 128 4% 45/a 2Va par No No : $4.50 series A preferred 10 - ■ No Outdoor Adv A Common 2% Feb . 25 2 104y4 Jan 12 28'% Jan 24 5% Jan 2 167 Jan 26 14% Jan 22 58 Jan 23 71 Feb 2 67 Feb 57 Jan 11 43% Feb 55% Dec 24 Va Jan 11 19% Feb 241/4 July 4 105% Dec Jan 105 35% Feb 57 May 11 6/ 105"% Dec 321/4 Apr Dec ' 7 Feb 7 182 Feb 7 18'/a Jan 11 64% Jan 8 3% 123 Jan 6% Aug 189% Dec 33 Jan 16% May Jan 6'A ; Apr 62% Dec Sep 50% Dec ■ "51% % Gulf 9,500 Oil 28 Corp 49 % Jan 6 33 51% Jan 29 42 y4 • 39 *37 26^ 26 23 / 23 fa 17% 17% 107% 107% • 38 *37 - *37 26 3A 26% 26W *23ye 23% 23% 17% 17% 17% *37 38 /26% 26& 24% 17% 24% 17% 37 37% 26f« 24% .»■■ ' 37 *35% 37 *26fff 26% *26^ff 26% 24% 24% 24 Va 24% 17% 18 17% 200 . : *109% 193A no 20% :*83/4 8% 112 8% *110 V 110 — — *8% -9 20 *152 ■ *110 114 For footnotes see page *107 *109% 20% 20% *152 *152 *110 ♦109% 108 683. 108 *107 *109% 110 20% ' 19% *152 i-. 8% 9 114 - *110 106 108 *17% 110 , 20 VA — 106 *109% 11a 20 106 17% 20 V 2,000 Hamllton .Watch Co.—.—JVo par 6 % preferred—J.—.—..100 9 9 *110 u/ 120 110 *109% 19% 19% 4,400 *152 Hsnna (M A) Co $4.25 pfd_.No par Harbison-Walk Refrac——No par 9 9% 114 . *110 Feb 2 27 Apr 33% Dec 28 Jan 9 26% Dec 38. May 2 247/a Feb 7 15 y4 Mar 15 y4 Jan C6-J-J— ' *152 114 106 »/2 Printing 38 20.% Jan class Hall 2 26T\ Jan 23 Water— 1% 'preferred ' " *107 Hackensack 270 ; 1,800 2 18 8 109 106. Jan Feb 109% Jan 26 • 18%. Jan 2 6% ' 9% 114 2,700 ' —-w preferred—^— iqq Hat Corp of. Amer class A _1 6%% preferred (modified)—.100 7 Jan 16 106 110% Jan 12 102 20% Feb 5 ~7% Jan"~4 Jan 13 „ 9% 110 Feb" 9 Jan 6 Apr Apr Jun 15'% Apr 138 ~ 10T 11% Feb • 5% Jan Jan 104% Jan 22% Dec 16% July. Ill July 109- Dec 21. July 152 8% 110 Dec Jun July RECORD NEW YORK STOCK Range for Previous Year 1914 STOCKS $ per 10% : rp: 22 22% 7% 114 ft 114ft 114 , 176 22 775 Hazel-Atlas 440 1,900 22 75 -I Hechfc Co. <Q Helme 200 7% ■— Glass 25% 26 ft 26% 26 9,200 86 85 ft 1,200 *84% 85 ft 85 86 85ft 84% 85 ft 84% 85 ft 84% *130 133 *130 131ft 131ft 133 Hercules Powder 6% preferred 73 ft *71 "71' *130 133 *,120 125 *122 125 *24 *27 ft 43% 43% 43% 19% *19% 19% 26 *24 28 ft *27% 28 44 ft 44% 44 ft 44% 43% 19ft 19% *19'ft 18% 18% *24 26 *27% 19% 19 ft 18% *18 45% 45 *44 ft ?' 75 14 ft 14% 14 ft 42 40% 2% 2% *10ft 10% *10% 29 ft 18% 4% 4% 23 23% 59,400 53 ft 55% 5,700 73 ft 24 ft 23% 24% 53% 55 ft 55 ft 56 54 115 ; *104% 115 39% 105 V* 27 2014 Jan 2 3 ft , 77% 78% 77 J/4 182 181% 182 % 182% 700 13 - . . 12% 12% ft. 9 105% 7% 9% • 9% 77% 5,000 9% 20,500 1,300 178 181ft "~ ; 182 Dec 13% 26 Jan 115 Jan 2 46% Jan 39 Jan 4 45 Jan 42 May j 44ft Jan * 480 Preferred , 16% Jan 2 19% Feb i] 71 ft Jan 2 81 '■> 2 3% 22 10 ft 29% 30 V* 85 ft < . 20% 90 90 89 ft 19 11% lift 11 % 86 ft 43% *43 ft 43,% *42% 43% *42% 39% 40% ■ft 39 ft 39% 40 40 40 ft 103 ft 103 ft *102 105 104 139 ft *117 139 ft 104 104 106 *117 ,6 ;19% ; 21ft •21% ft 21% 24 2 3 i 33 ft Feb 24% 20% 20 ft 20 ft 22 ft 22 22 *21% 41 40% 40% *39% 41 22 22 ft *39% *144 *144 110 112 109ft 32'ft 111ft 110% 24ft 20% 22 2,100 , 200 41 *39 V* 23% 82 ft 82 ft • 111 Jan 23'ft Dec Jan 56 Dec 24 Jan 4 •46 Jan 77,ft Dec 22 / Jan 11 8 Jan 22 2 Apr 20 ft. Oct 2 35%. July Jun" 42% July 106 ft Dec Jan 111%; Hoy 35 ft 35% *19 ft 19% 26 19'ft 19% 27 27 27 ,i 25% : 8% Jan *116 21% ■ . -42 42% 9 8% 8% 9. 37% Jan 25 8% Feb 6 2 10 ft Jan 11 173 ft Jan 19 188./ Jan 8 74% Jan 24 81%. Jan 25 22 20% 2% Jan 23 2 82 43 8% 8% 8% 77ft 77 ft 31% 31% 31% *109% 27'ft *10 36 ft 37% *36% 37 ft 37% *109% 110% *109% 110% 27% 27% 27 ft 27% 37 ft : 37% • 37 - '37% 37'ft / 1,000 1 f 900 -120 /; 3;400 325ft 110% ':/; 27% 27 10% 10% •9% -' 38% 37% 57'ft 37 ft 3 7'ft 37% / Nov 188 Feb 82'ft Dec 180'ft Dec : 165'ft Jan 1% Jan 15% Jan 18% 65 Jan 80 600 37ft . 37 ft . Jan ; 2" 21% Dec 66. 5 Feb Feb 94 Dec 7% Feb 12ft Jan 92 ;:Jun 39'ft Jan 47 Aug 35 ft Jan ■ Jan 15 10m Jan 2 17% Jan 2 38ft Jan 145 Jan Dec 20'ft Aug 15 20ft July 22,%. Feb 15 41V4 Jan >29 20% Feb Apr 20 ft Jan Dec July 46 Jan . 138 ft Jan 12 145/ Oct 20 ; 12 Dec 11% Jan 24% Feb 18 /Jan Sep 93 135 -lift" ; 19ft Jan 24 43 Jan Feb 56% 24% Feb 2 18% Jan Jun ' 31 117 18% Jan Oct 136 Jan 13 ft 68% 42», '2 Feb 92 32% July 3 43% Jan * 8 87,.r Jan 39 Dec Jun. 9 11% Jan 31 /81ft Jan/31 42% Jan. 15 444-;/, Dep Jan 38% Aug Jan 23 112 Jan 16 107% Jan 112% Nov Jan 2 110 Feb 2 84/k Feb 105 9 27 . '30 Jan 25 109% Jan 27 111ft Feb 3 Jan 9 24 30% Jan 11 20% Jan 2 84'ft Jan 18 58 Jan, 31 93 Jan •10 90 27 ft Jan Jan 80 Sep 111 May 95 107% 90 2 98.% Jan 12 66 ft Jan 19% Jan 9 22% Feb I 10% ft Feb 9 16 ft 3 Jan 22 34 ! „-No par Kennecott Copper—! —No par Keystone Steel & Wire Co—No par Kimberly-Clark Corp No par Kinney (G R) Co —1 $5 prior preferred No par Koppers Co Inc — /10 4%ft preferred— 100 pfd A —10 - .— Stoi'es——1 Jan 39 Jan 22 26 23% Jan 22 22% Jan 23 20% Dec, 21% Aug Feb 124 14 % Dec 19% Jan .39% Mar > 13 % 9 Feb 20% , 28% Feb 17 20 Dec Jan 2 13ft 22% Feb 114% Jan 111 Dec 19 ft Jan 24 Dec 7 31 ft Mar 42 / 23% Jan 23 24 ' Jan Feb >15 ' 9 30ft Jan 22 108% Jan 6 10- Jan 17 34% Jan Feb Jan 32 Dec 34% 31 9 3 10% Jan Dec Dec Dec 108% Dec 27 ft Nov 6% 6 ft Feb Oct, Dec Feb Jan 10% 108% 5 9ft Jan 78% 54 ft 3 « 27U Feb 9% Feb 3 |78ft Jan. 15 110 Jun May 6 24 11 8% Jan 115 37% Jan 74% Feb Jun 19% Jan May Jun - 43 Aug 24% 29% 39 8 x26 Jan 25 ft. Feb , 6 38% Jan Dec . ' 18% Jan 26 Dec 93 Jan 6ft • '20% Jan 114ft Jan 35% Jan , Dec 117 if 118 f Feb 8 ' 16: ' ■' Jan 10 18% Jan • Dec 28 Apr 25 3 Jan Jan 13 Dept Stores-..: May 80 . Jan 100 1 5 —1 1 Sep Dec ' ' 91ft Jan preferred—. Decv 34% Nov 33'ft Feb 20 Co- 5, 37ft Feb 34% Jan 22 117 non-cum 5' Apr 111 10 Kresge Dept 22 Oct 36 ;Jan 19 39 ft Jan 2 27% Jan 39 Dec No par Kroger Grocery (fc Bak—No par Jan 24 37% Jan 9 31ft Jan 37 ft Nov 2,100 37 9% 2,500 Laclede Gas Lt , Kress 2,200 7 / 5 Jun , 6'ft Apr 130 5 3% Aug, Jan 25 ft Jan 91% Jan 84% Jan 26 Jan 4% - 22% Jan 1 26 10 Feb 134, Feb 19ft Jan . 30%<Jan 10 No par Kresge (S S) .3,000 38'ft . 8% July 10% July loo 1 10% 38 38'ft / .100 . , 26% 26ft A'*10 10% 37ft • 500 , . - 37% 37% 75* 32% *109% 33 110% 10% *9% 10% ' • * 74% 75 ft x73'ft" 78'ft 31% Dec Jan ft—1 ... — Kendall Co $6 pt 13,500 : 8% 31% 10% 23% 42% *77'ft 27% 37% 23% 41% 31'ft ft 37% 42% ; - 105 ft Nov 67% Apr 7%.Feb 24 28ft Jan 132 -No par 160 Class/ B 8,200 ' 42 'ft 77'ft 27% : • 31'ft 110 4,600 . *114 24 ". 40% July Apr 154% 22% Feb 3 2 5ft Jan 100 (Julius) & Co Kelsey Hayes Wh'l conv cl A — 24 77'ft 110 4% " 37% •'38% 77% 110 25 , 21% 24% 9 8% Oct Jan ft 6% 3% .Feb Jan 75% Jan 17 jKansas City Southern-—No, par 6,700 , ■ / Sep Aug 12% July • 6%- Jan . 183%' Feb 4 178ft Jan 12'ft Kayser 25'ft 106/ Jan 23 1 3 Jan Jan 6% 9% & Fum Kaufmann 21% 7'ft 29 104 104% Jan . Feb 9% May Jan ' 4 40 165. x87 Mar 71% 18 Jan '; 83/4.Jan 19 P & L of. ser B 1,200 25'ft / *114 . Kan City, 2,600 22% . 887k . 13% Jan H; 25 stamped__l00 RR Kalamazoo Stove " 28% 25%" *8% / . 30 20% .37% 43 42% : 2,400 , . 27% /;' ;100" 8 Dec 101 - joy Mfg.. GO— 3,900 : 37% ' 1,100 >;// *23% 25 *24 . *116 " 37% 37ft 37% :/'•• 24% ■/'—ii- •/ 42 10% *27 • Johnson.! Joliet Jj .Chicago ' 1,500 28 8614 ' 6 , 100 / Jones & Laughlln Steel > iS'% pref-' sertes A— */. 5% pref series B conv 36'ft 20'ft 31ft v *109 ft 25'ft 22 * — / 600.V ; . 14% 13% 19% ■" ' / 13 116ft Feb 2 " Jan 11% Jan 22 -No par 2nd preferred ser A_. ..4c/o 21,900 28% ; 36 , 8 105%-: Jan 2 15% 6 *% Jan • . j & *19% 36 ft - 22% 25 22 36 ft ■■ ' Johnson 170 ; 117% 117% 27 % ' 25 9 9 77 % 31% * 19'ft *26'ft 27 *24 42 ft *42 ft 19 ft 19'ft . 37% 24 23% - '36 36% ; V: ; 25 .: /23ft: 24% . 23% Feb 82 'vlntertype Corp——i-j.—.No par / ' Island Creek Coali-—————t-,1 600 . 92 94'ft. 1.95, 22 22 >;>• 14% ;-l4ft':,/ 14% 36% *116 37% 37ft ! 14'ft /> ■ 118 118 14% ; ; 84% 3,84'ft 22 ft. 24% . 36'ft 21'ft *116 25 119 36 ft .25 21% , 24% 119 ', J 110% 28 ft ■>• 95'ft 22% 22% *117% 24% 24 ft 85; 77 24 9 158 100 Jewel Tea Co .Inc——— 300, /' V*% preferred— 1,700 • •!/Johns. Man ville Corp——— 33,'ft *85 92 95% • 14%. 26% 24 ft - 95 22 ft 22% *117% 84 95 • *110 29%: 29 *84% -14%/ 36 *19 ft 26 ft 24% ' 119 14% 14% . 84. " - 94 • 29 28% . Jan 24. 105 104 ft Jan No par * *85 92 / , 109'ft 33'ft 33 ft Nov Feb 10V2 25% 39ft Jan . —100 *500 /:•. ; - > 112: 109 110% 110%: 111 110% r .*88ft : r 84 22 ft *117% 119 14% 20% 22% 24%' ,24%' 24 ft *117'ft ft 94 22% 24 94/ ; /> 92 29'ft *83 ft 83 * / *111 109 ft *33 33% 33% 111 ,*88ft V: 28% 93% / 109 V* . > 83 . 110 33% 29% 95 ft 29 29% 109 ft 37 ft 37ft 112 *noy8 110 £ 112 / 33 111 *88 95 *88 110 ■ 32% 32% *32 / 111 •110 112, 32 ft 24 8 8 19ft Jan *144 112'//; *110% 112 *110% 110 *110% 37ft *37 " 37 37 '37ft 37 ft Aug 24% Feb Intern'l Telep & Teleg —No par 5,400-. ,/v Foreign.share ctfs No par 9,100 ;/ Interstate Pept'Stores— No par mm 1 37 6 Jan 5,6% Jan __->/;;j'7ft;;preferred2i^---^-i——-100;; . ' v:37 Aug 24 117,300 24% ' """37ft "37ft 16 ft 18% Jan " Inter Rys of Cent Am No par ^ 6 ft pref^rred-Li,—-100 —/ International Salt, No par . 139 ft *21% *144 *144 s 20% 20& "v 19 ft 22 24% 1% Dec 28ft July 814 Feb . Jun 2% 11'ft 22% Mar 3K, Jan 12 27 July 37% / Jan 72% Jan 2,300 / InternatipnaLShoel- — No par 400 ' / Intetnawonal Silver—SO * 40 ft 23% 24%; 24% 43% 23 ft 24% 20 39 ft - 39ft 40 "39 *144 23% 24% ft/ 23% 19% *117 139ft ; *117 24% Feb 1%/Jan 6 Feb I'd ft Feb 5% Feb 19% Jan 110; 103 X103 30% . 12!/8 Jan 29% Jan 6,300 - 86 40 ft\ 40%: 13% July 47ft Jan 30 60 ' *43 ft 43% 104 23% 24"% 24% 24; 24% 23 22% 19 ft . 39% 20 23 22% 22% , *117- 139 ft > *43 ft ' 3% Jan ;/>;,'.-Preferred:'.^a-..^—--^106: •. Co— 15 2,500.// Sft conv preferred——-100 " *85 85 ft 85 ft « 14% Jan- > 29,400 //International Paper 89% 11% 83 ft 139 ft ■f ;■ 11% 86 ft 43% : 20% 90 ft *39 ft . 29% 132 20% 20% *42% *104 ft .ft 29 ft 11% 11% 83 ft *117 1 132 70'ft July Feb 2ft Jan Jan Sep 114 Nov Feb 7% 63 42 ft Feb 16 Nov 72% - 18,700 , 21 y« *82 ft : 7 • 20 ft 90 84ft 83 ft 6% 132 ft 132 Jan 107 ft Jun 18% Aug Jan Feb 15' 20 Jan 10 >/ Int Hydro-Hlec Sys class A— 25 International, Mln 81 Chem ' 5 A' s 300 > "* > 4ft preferred-——lOO ■'>6,000 i/ International Mining Corp— —_1 - -22,400 Int Nickel of Canada : No par , 6% ' 11 81ft 82 89% 21 89% • 132 ft *130 20 ft 90% 2% 85 6% 29% 29% 29% 29% 132 ft 11 21 '>10 ft. • 6% ft.;?/:/ -7%. , 132 ft • 90 90% *10% 7% 29% v". 132 ft 20%- 20% 20% >90 7 *81 83 *81 __ 2 7,000 3% ' 21% ft 7 > 47% July 45 - 3% 3ft • 22 ft • " 29% *130 82 3% 22 22% 22 •' 3ft ft 3% 3% ' 22% 82 - 7% r 29% 132 ft . . * 22 82 *80 7% 7ft 29% *130 3ft 3ft 21% 21% 82 *80 3% > ■tr 3% 21% 18 . / 34% Jan " 20% 11 72lI/z Feb 2 > 12% Jan ■ 13% 54 , Jan 111ft Jan 108 ft Jan -'66%, Jan No par No pa* No par — 117 Apr 117 Oct Jan 20 International Harvester 4,500 77% 76% 182 ft 182 ft. 520 - 7% 178 78 400 106 9% • , 179' 178 200 * 39ft 7% 19 ft 18% Feb ;42 Inland Steel Co— No par Inspiration Cons Copper— 20 p Insuranshar^- Ctfa Inc— ——1 ' lhtei;cliemJcal Oorp—.-^No par ' 4V'aft preferred— 100 Intercont'l Rubber.!— ——No pap ; / Interlake Iron No par Int Business Maphines No par 7,000 -- ,■ 9 *8% Jan 19% Feb 15 l«o Iodustrtal. Rayon * 1,100 86 ft 39 Nov 16 1 >/ > S4.50 preferred A— Ingersoll-Rand ' *85% 86 Sep 21 ft 117 No par _::r'>/> 6ft preferred *161 7% • 183 200 116 116 39% 105% '■ 177 78 105 ft *104% , 47ft Jan 13% preferred wrles. A————100 1,800 41 40 ft 40 105 ft 36% Mar 100 ' 116% 44% Feb 18% Jan 22% 23 **28% Jan 12.50 —, Dec 2 23 ; 17 Ve Jan No par Illinois Central RR Co w Jan 41% Jan 0 /Idaho. Power Co-— 70 74.; 23 V* Jan Leased lines ' 4% -—-^,-—-—.100 HK See ctfs series A*^-:^—-3000 105 ft * 9% 9% 176" Dec 25'ft Aug " Indiana pohsPower&Lt—'—Nopaf 39 7% 176 July 125 Feb 400 •} *8% 78 77ft182 ' 105% 7% v 10ft 9% 176. 176 105% ' 8 ft 7% 73 Apr 3.900 12% .8% 39 V* . Jan 19% 23 86 12% 8% *38% 63 >114 22 *161 12% • *38% 10% ; 9 105% 105ft 7% 7ft 10 13 *8% 2 9 73 ft 115 85% *85 ft Jun Mar 17 *21% *104% *161 86 89 134 26ft Jan 73 ft 40 105 ft *114 ft 12% 39 - ft 40 40 ft 105 ft Apr Jan 123% Jan 22 V* *22% 115 . 85ft "• 23 22% 23% 75 128 8 73 ft 22 22 7 31 25 22 ft: 74 *73 ft 40 V2 115 . ' 40 176 182 23 ft 23 ft 8% 39 77% 33% 24 *104% 105ft 7ft 33 73 ft 85% 13% 10 33 21ft - 176 182 22% 33. 73 ft 8% 40 77% 1,600 33 *161 13 9 105% 9% 33 ft 40, 85 ft 85 7ft 32% 105ft *114ft -13 *175 5ft 21'ft »16J 105% 4% 23% 39% *161 *39 5% 74 105ft 115 ft.- 18 ft 5 21ft . 23 • 12 ft *8% 18 5% 52 52% *73 *20ft; v 18% i/.. 18 Vi Feb Jan , I 111 *51% 73 ft ^85 18% ' 86 132 5 Hupp Motor CAr Corp———1 31 a 2 12 17 20,600 30% 5% . Feb 27% Jan 66,400 9,600 30% 29% 30% 32% 23 ft 23 ft 21% 40 18 " Nov 170 Apr Jan non-cum. preferred—100 / Hud Bay Min Si Sm Ltd No par ') Hudson: Mfitov par /ft 1,300 11% 10% 30 ft 33 52% 105 ft X30ft 4,200 . . I 33 -73 ft " 11. iov2 30% 10 ft 10% *10% .7/200 2% 2% ,2V*:. 2% 2ft 2ft 2% 5% ,*20% *114 ft 40 ft 18% 22% 23.; , 27,500 14 ft 40 5ft 22% 105 ft 14% 41ft ;'r 18ft 22 ft *39 ft 15 40% 5% 32% • 14 ft 19 ft 32% / 52; 14% 41ft 4% ':} i ; 14 Feb .75% Jan Mar 20 ft 72% Feb . 290 63% 160 6 26% Feb 25 Class B No par Household Financed—— No par .-..5% preferred——100 Houston Light & Power Co.—No par Houston Oil of Texas v t c 25 i Howe Sound CO— . 5 / Hudson & Manhattan 100 1,400 72 ft 22 82% Jan ft- 900 75 110 72 ft 41 18 ft ■v.; 75 72% 14% *10W 30 29% 18% 11 ft 29 ft 72 71% 10,100 6 74ft Jan 26 Feb 1 174 22'ft July 123 (A) Homestake Mining Houdaille-Hershey cl A 200 19 110 110 71ft •" 45 4 Sep 130ft Jan _10 r / Holly Sugar Corp 7% preferred— — 18% 75% *74 ft *109% 110 Hollander & Sons 5,200 *44% 42 2ft- 2ft ■ 19 ft 41ft 42% 2ft 45 19 75 75 71% • 45 19% , • 45% 45 V* 14ft" • 14% 41 ■r "71 •71% *70% 71% 71 45 *109% 3,700 'Il6ft 45% Holland Furnace (Del) . 9 . Dec 112 Mar 20% Sep 8'ft Jan 99 Dec 9% Apr 214 J -10 1 (C E) The Hires Co ; 700 , 18% 18% 18% 18% 19 ft *18% 19% 43% 19% 109 3,900 *116 ft *44% 75% 75 V 109 V 110 109 700 44% 45% 45% 19% 27 ft 44 *19% 116ft 45 - 19% 19% 75 ft 75 110 *44 ft 45 . 19% 19% 19% 75 *109 45% 45% 45ft. 45 ft 45 * 45 ft 27 ft 43 18% 18% 18% 18% *116 ft *116 ft *116 ft 28 43 % 26 28 *24 28 25 *24 Hlnde & Dauch Paper Co ■ 25 27 ft 26 • —- 8 par Hershey Chocolate 84 conv preferred—-—-Wo 200 , 127 *123 127 *24 27% 73 ft 73 ft 72% 72% *123 133 *130 133 *130 127 *123 126 *123 73 ft *71 72% *71 71% 30 10 170 No par —No par 100 No par Hercules Motors- 26 26% 25%, 26 ft 25% 25% 25% - Jan 22% Jan -25 preferred-:——-100 Highest^; f per share share 6ft 15 118' 22% Feb 20 ft Jan 73% Jan ...15 / W) non-cum 25% *172 • ■ 25 Co 18 Feb 3 Jan 8 7% Jan 6% Jan 109 I per share 11%.Feb 4 9% Jan 1 2 *172 *172 *172 176 *172 21% *74 ft ft 22 Hayes Industries Inc—i Hayes Mfg Corp 1.17% 117% . 75 *74 JL8,500 16,300 • 7% 7 S per f per share par Lowest Highest Lowest EXCHANGE Shares lift 11% /' ; 118 «74 22% 22 74 ft ' 74 ft *172 7ft 11% 7% 10% 7ft 22% 74ft 10% . 114ft 114 22% ft 22 *74 74% ft 74 114 114 114 22 7% 7ft v,'; 7% 7% $ per share 10% 11 the Week - $ per share 1 Range Since Janua ry NEW YORK STOCK Sales for Feb. 9 Feb. 8 $ per share share V io% 10% 10 ft 7% 7% $ per share 5 per share 10 ft: Friday Thursday Feb. 7 Feb. 6 Feb. 5 Feb. 8 114 Tuesday Monday Saturday SALE PRICES Wednesday AND HIGH LOW 1945 Monday, February 12, CHRONICLE COMMERCIAL & FINANCIAL THE .. & Co^_— (8 H) ;;/C - - / 7% 7% 7% 7% 7% , 7% 7% 7 V'B 99 97 ft 98'ft 480 34% 34% 33% 34% 1,700 36 *35'ft 36% *35% 36% 400 51% 51% *51% 52 13% 14% 13% 14% 13% 14% 31% 31% 32 32% 32% 34 35 ft 35'ft 35 ft 51'ft 51 % ■/: 13% 13% 35 51 13% : '30% *125 * 13% 125% 7ft 7% 2'ft 2ft y. r 31 127 125'% 2% ' : 31 30% 30% 127 7% 7% 7% 2% 2 ft 38 38 100 *127 127 7% - A " 7% 2% 2'ft 37% 38% 38'ft 38 38% 38% 39 38 ft 39 *21% 22 22 22 *21% :i7% 53% I 8% 51 *80 .80% *187% '35 51% ,45% 22 • 53% • 39 39 ft 39 39 5.000 21% 1,900 li21% :'v; 17% 18 17% !18 54% 54% 54% '56% 80% -81'ft 81 189 187ft 35 52 • *45% 81% 52 45% 45'ft 683. / 8'ft 8ft- 8% '1 sn '• ; V>- 8 ft 8% >> 51! 51 51 *50% 51 83 *8:1 83 *80 ft 8 2'ft 81'ft X80'ft 190 ; 400 '■ 400 80% *189 ; 22,500 . • • 51 ;; *82 >. . 35 35 35 36 36 36 36 800 5 2'ft 51ft 52 51ft 51% 50'ft 51 4,900 45'ft 45'ft 4 5'ft 4 5'ft 45 % 44'ft 45 ft •; 1,600 19 26 Apr x31 ft Dec Feb 6 17% Jan 31% Dec 52'ft.Feb 8 38 Apr 49'ft Dec 14% Jan 17 32%, Feb 8 21 Apr Feb 8 113 Jan 9 "Jan 8 4'ft Jan 8% Dec 3 Jan 2 l'ft Jan 2% Dec 39% 36 10 12 Jan 4 29% Jan 24 123ft Jan 29 132 6ft Jan 30 2'ft Jan 22 . I .. ■ 8 /. / : 12% Jan 31ft 127 P. ' Oct Dec Dec Dec 22 40% Jan 8 15% 40'/a Jan 29% Jan 38% Dec 1 22 11 Corp 36% Jan 5 20'ft Jan 3 18'ft Jan 21% Jun 17'ft Jan 22 ./:17 ft Dec 19% Dec Lerner Stores (new) j—No par __No par 51 ft Jan 24 Jan 53% Aug _7 7% Jan 2 3 49'ft Jan 2 39 Jan 49 ft Jan 2 81% Feb 6 68'ft Jan 83 % 3 81% Jan 17 67 ft Jan 8 6'ft Corp •Libbey Owens Ford Glass. Libby McNeill & Libby Iftf* Rn vpr« Dnrn 23 — Lily Tulip Cud Corp Lima Locomotive Wks—— Link Belt Co — 78 100 - 78 25 -Liggett & Myers Tobacco Preferred 190 2 35% Jan 35% Jan 20 *189 lni ft Feb 3 24 Jan .22 100 preferred— Series B- 81 May 50 3,900 190 80'ft 17 Jan 25 (The) Lehr. & Fink Prod Corp 4,700 . Jan 104 Feb Lehman 10,100 18 55% *189 80% 189 ft *33 52% /• 55% 81 80 ft 35 footnotes see page 8% 51 *187% 81 188'ft *33'ft 52% 8 ft 81% •'17% ; Jan 30 Tire " 22 54% 81 ft 45 ft 4,700 13 Jan 62 47 Lehigh Valley Coal—4'j 6% conv preferred 40 88 31ft Jan Lehigh Valley RRj. t Jun 2 —No par : Portland Cem'efnt- conv 5 .7% Feb -ioa — 10,900 > 37% *21 % Rubber & 4% 150 9% Jan 22 (The) 10,800 ■ 2ft 18 51 ft. : 37% 17% 81% For 7% 2% 54% 8% 131 % 7% 27 6% Jan ■ Bryant— Lehigh 7% Jan 4 -Lehigh Coal & Navigation Co 3,000 2ft 18 50 'ft Lee 100 Co issued preferred-; 5% Lane ' *128 54% 8% / 34,800 32'ft 2'ft 39% When /Lambert Co 1,100 , 14 32 7% 17% *50% 8% 51 52'ft 13% v 132 54 17% 52% 52'ft 3 7'ft < 22 39 *35'ft 36 ft 7ft 2% 38'ft < 130 7% 38 'ft 21% - 52 130 38'ft : ' 4,800 98% 34% 551 . 7'ft 34 ;35 7% ft 34% 99% 34 % 1 7'ft 99 ft 99 ft 34% 7% 7% 7 7% 99'ft ' *7% . 99'ft 7'ft 98'ft 34%' 7'ft 7% • 34% 7% 7% 98'ft •// 7'ft 7% 7% 181 33 No par No par Jan Jan 5 Jan 8 Feb 3 18% Jan 3 22 56'ft Feb , A 42 8 8/4 Jan 30 Feb 52 188 ft: Feb 36 ; Feb 1 •■/'• > 6% Apr 5 174ft Jan 8 26% Feb 8'ft July 182 32 ft Dec Jun Jun Nov Dec 47% Jan 25 52% Feb 3 36 Apr 52 Dec 41% Jan 22 46 Jan 30 37 Jan 44 Dec ' . Volume Number 161 THE COMMERCIAL 435a Saturday $ $ per share r share per Feb. $ per > 32%: 323/4 32 207b 20% 20% 2074' 74% 75 7b 75% 75 Vs 7574 -51Tb 517b 51% 52 74' 1874 18 "A 187a 18 74 42 42 42 4174 4174 19% 19% 19% lb 23 74 20'.4 32 ■2074 33% 2074 20% 76 74 76V4 75% ' •*41 197b *167 % > 53 I8V4 20% 7674 75 76 24 5274 52% 5134 1874 lb 7a 1774 105 107 *31 32 107 74 '52 2074 24%!,' 24 X108T4 109 74 3174 151 *31% *1'48 151 51 507b 51 *31% i'V;! 24%. 2474 1,000 < *2.46 *31 % 32 *148 *146 50% 5o % *9 % 50% 32 31% 32 317 a 31% *148 151 50% 50% 50% 10774 107% 108 16 Vb 16% 17% 17% *17 17% 19% 1S% 197 a 19% 20 207b <415 500 974 *1474 500 *415 . Louisville 974 14% 20 *410 Va :/ 3% 37/8 v 4% 3% 25 7b 25% 25% 25% 4VB ■;;;VV4::' 8% ;V>-4 4 V- 400 *25% 257b 200 4 4" 47a . ; i • . > 3174 32 247a 25 24% 247a 64% 64% 65 10 10 % 10% 42 42 42% 28% 20% 2074 120 *112% 66 66 Va 66 66% 67 107b 10% 10% 107b J 07b •107b 27°,a Jan 4 23 7b Jan 26 327 b Feb 8 *112% 287b *28 287b 300 *20% 20% *2074 2074 *20% 20% 600 *111% 120 317 b 32 32% 32 % 327b 327b 217b 217a 217a 20 74 2174 • 32 32 32 21% 21% 21 Vi 60 59 % 59% ' 26% 26 7a 105% 13% 13% *105% 13% 1.09% 111% *19% 20'/a 26% 267b 2674 2634 26% *105 74 105% *10574 165%, 10574 *13% 13% *13 Vb 13 111% u va 110 110 20% va 20 110 ~ no" 14 14 14 101 •-*13% *100 101 :« *100 97 97 *96% 40 38% 13% 101 93 *38 39 15% *96% 38%. 15% *36% 15% 157b 157b 56%. 56% *56% 35% *108 36 37% 36 % 37 % 37% 37% 109 V1097'4 McLellan *108 1374 13% *101% 97 74 98 98 97 97 3874 38% 38% 38 % 387/2 Mead 15% 15 56 56 15% 15% 15 Va 57 56 56% 36% 36 36 37 37% % 2874 28% 38 3774 38 7% 8 146% 2874 29 58 58 53 58 Va 17 177b 17 Merch & 377b 5,800 Mesta 1077b 60 1774 2 "A 274 274 457b « » *2 Is 457b 4514 : 177/4 2% 177 b 274 274 44 58 1774 *111 *111 •111 "110% 111 *1103b Ill "H07s Ill *110% 111 • 8% 874 1127a 112% 26% 6% ; *11074 111 111 *110% • • 26% 674 ." V-'- 29% 20 Minn 2974 G 7b 63/4 17% 1874 177 b 1874 187b 187b 18'A 18% 1874 1874 38 38 387b 38% 38 V4 38% *38 7b 38% 387b 38%. 38 7b 38% 3174 32 32 32 V8. 32'A 33 3174 32 29 7b 87 114 *114% 1157b 1097b 109% 5074 5174 8674 8574 87 *113 ■ 114 *113 87 114 115 115 1097b 109 7b 5074 . 4274 43 43 Va 35 357b 347b 3574 74 Va 24% 24% 25 25% 74 25 25 35% 35% 103/a 87 74 67 74 — 10% 114 118 .110 11574 11574 116 *115 109% 1077b 109% *1087b' 109% "5074 5174 507b 517a > 35% 24 Va 2474 107b 43 7b 3574 347b 2474 24% 26 247b 500 ' 35 ?4V4 •25% 2474 '3474 >:24V4 . 28,900 *42 /jS *4374 43.7b 34-% 43^,4 43 V4 4374 35 , 4.930 . 25% 25% 25% 25% 26 35 34% 35% 35 35 35 35 1174 11% 1174 1174 1174 1074 11 99,74 120 99 99 99 Va 9974 9974 9974 99'A *97% 9974 2374 237b 2374 2374 2374 *2374 2374 2374 23% *23 7b 2374 84 > 8474 *83 85 83% 86% *84% 87% 111% 1117b 1117 b 111% 16% 15% 1674 •52% 54 Va .47% 18% *110% 17% 54'A 1117 b *110% 1117b I . 17% 17%. V 1674 1574 16 5474 5374 53% 27,000 , V 200 - 1774. 17% 60.800 4174 3974 39% 2,080 23% 2374 2374 23% 237a 5,600 National 17% 177/b 17% 177b 11% 117b. 117b 11% 13% 13% 13% 24% 17% 17% 17% 17% 17% 17% 11% 11% 117a 11% 11% 12 12 7 • 38 237b 12% 13 13 13 13% 14 14 7b 14% 14% 15 24% 24% 245b 247b 8 13% 13% 1857a *183 14 2474 24% 2474 24% 38% X2374 185% *183 4074 24 - 23% • . X13 7b *2074 20% 20% 147b 15'/a 147 b 15 34 Va 347b 34 347b 14 1474" 14 14 7a 147b 14'/b 14% 14 27% 28 22 7 a 22% r 12%: *20% 14% 15 34% 34% 14% 14% 14'4 1478 27% 2774 22% 22% *12 277b 227b 15 *104% 377b 37% 3774 39 39 39 39 157b 15% 15% 15% 26% 26% • 267b 156% *34 87'a . 2674 1567b 34'% 25 Va 874 .24% •234 7b 9;., , 8% 1 70 69% 70 1674 16% 17 ••• 17% 29 74 957V 30 29% 29% 96 96 V 96 100 ■ 100 34% 9 . v 697b 17 Va 30 -V 158% *15574 158% 18 ;V 99% 1774 29% .'.•957b 95% 957b *69 7b; :■ 30 2974 97 130 1557b ■ 87b 247b *99% 15 15 14% 11% 117b 12 '1574 15% 11% 167'4 31 4 15% 15 15% 14% 11% 11% 117 a 11% -11% 16% 167 b 167b . 167b 17 ,*3074 70% • 31% ■106 *103 70.Va 70 Vb 307b *69% 75 > 108 109 *108 109 108 *107 108% *107- 107% 107 *3074 317b 103 103 *108 107 3474 34% 3374 34% 337 b 347b 1974 20 19% 20 19% 20 26 18 96% 1,100 -14% - 4,300 29% 11% 12 16% 13% 12 6% 190 .i 46 Jan 12% 174 2% Jan ; 103 *69 7b 110 110 197b '31% > *69 7b r; *3034 • 72 *108 107 110 111 Jan 10874 May 107 111 Jan 2 9 Jan 674 4 114 Feb 93 7b prior prior 297b Feb 8 1774 11 2'/4 8'/a 3° 74 3^34 217b 21 217b 72 * *108 1077b ■>;\ 110 107% 33 V2 ?4 207b 21 % > 210 4,200 14,200 footnotes see page 683. conv Newberry Co 5% 30 ; conv Jan / 23% July 6 V» Dec 187b Dec 3 38% Feb 8 29 Jan 39V2 Jun 2 33 Feb 8 19% Sep 25 74% Apr 11174 May J 117 114 Nov 12 107% 27 4Is,b 119% Jan Jan Apr 11174 Jan 53 887b Oct Oct Jan Sep 113 Aug 53% Nov 437a Jan 15 35% Jan 23 37 V4 Jan 9 2174 Jan 35% Dec 2174 Jan 20 24 Jan 23 247b Feb 15Va Jan 247b Jun Feb 16% Jan 25 Va Dec 317b Jan 6 357b Feb 26% Apr 33 74 Dec 9% Jan 6 97%. Jan 3 22 Jan 8 82% Jan '30 1107b Feb 1 13 Jan 5 53 Jan 5 117b Feb 4'/a Jan 10% Oct 32% Jan 26 42 • ; Oct 7b Jan 72 Jan 2374 Feb 20 Aug 247b July 86 Jan 70 May 84 115 Jan 110 NOV 99 100 Oct Nov 116% Feb 16% Feb 8% Jan 14% Aug 5474 Feb 437b Jan 53 Va Oct 11% I8V4 Feb ,15% Jan 20 serial 28 Jan 4174 2 24% Feb 137b Jan 20V4 17 Jan 10 9% Jan 2 19 74 Jan 18 Dec 19% Dec 9 Jan 13 74 July 11% Jan 12 13s,b Jan 24 137b Feb . 182 f > s .1 ± t 13 . V 24 '1 1,7 165 Mar 181 2174 Jan 9 18 Feb 21 Dec 15 Vb Feb 5 Jan 17% Apr 3 34% Jan 29 26 Apr 34 2o 14% Jan 3 X10 Sep 23% Aug 4 147b Feb 3 X11V4 Feb 147b . —,,.25 10 ;_40 10 —.100 9 197b Jan 2574 8 1374 Jan 24% Dec Jan 4 1174 Jan 12., Mar Jan 9 30% Feb 377b May 40 Jan 27 30 » Mining Corp Industries Jan Feb 181 Dec Jan 3 141 Jan 159 Dec Feb 5 16 Dec 22 y4 July 2 257V Feb 5 177b Apr 23 34 159 18 4 1 4 357b Feb 9 28 Va Apr 2 974 Feb 1 574 Feb 7274 Jan U 18 7b Feb 8 6 2 Dec 17% July 307b Mar Feb 95 Dec Jan 98 V4 Dec 9 5',b Jan 11% Nov Feb 5 9 Mar 117b July 17% Jan 3 •6 9 157b Jan 10% Jan. 3 12 Jan 20 30 Jan 22 'Feb 6 66 Jan 4 10774 Jan 10 1057b Jan 4 Jan 22 187b Jan 25 217b Feb ———— Jun July 837b 5 Feb 3 33 70 Jun 79 V4 Feb 97 17 l07/b Jan , 577/a Feb 1174 Feb 7% 24% Nov 30 100% Feb 15 97% Jan 4%. pfd-100 Jun Jan 92% Jan No par ' ;mo v Dec 25 Va 19 Jan 16 Dec 147b July 164 687b Jan 22 - 37 104% 8 103 J Feb 10 •181 100 .10 Jan 9 >8774, Dec >Jan 267b Feb 2 __1 A 26 4 157b Jan 105% Jan 77b Jan V2774 Jan. Dec Dec 38 7 4 Jan. 5 Jan Dec Jan Jan 15 Deo 12 287b Feb 33 ; 2474 25 Jan Jan4 874 21; •' 137b July 15% Dec Feb • -A; -No par Jan 207b May > Jan 167b Jan, No par : 97b 157b Jan Jan 2 Jan 22 Jan 4 Jan 22 "Jan 2 102 Nov 25 247b 2174 12 357b No par 10 Va Dee 183 Jan 37 • Feb 2 '13 74' Jan 13 12 5 23 Jan ; 20% Jan "V.1:13% Jan -v\32 74 Jan Feb 42 2 23%fJan , 1 preferred series 17% July Dec 23 2078 Jan No pa) No par (J J) Apr 357b Jan - —No par New Jersey Pr & Lt Co Newmont Dec Jun Jan 109 Jan 22 47% Jan 12 '. 41 Vs Jan 5 • 10 preferred — Dreferred Newnort Dec Dec Nov 1 Neisner Bros Inc 100 Dec .974 Oct 111 Jan 11 112 ~ Feb 7% Jan ^.10 Nchi Corp.— 4%% Sep 20 74 Jan Oct 25 74 Jan No par preferred— i 30 113 Jan 36 —No par. No par ; 10 National Tea Co—— goo 114 Jan Jan Jan 2 57b Jan 22 100 $2 conv preferred— Natomas Co r Mar Jan 8 (The), Pa.1 6%. r 106 *103 1077b 34% 317b; ' *69% 106 *103 73% *107 Va 34 31 31% 103 2% 46 Apr 105 Aug 58% May 19 74 Dec Oct V 3674 Jan 1137b Jan 16 7b Jan 22 10 39 14474 Oct 46 Jan 23 Jan 30 Jan 19 Jan 13 2814 July > Apr Feb - / 3,700 167b Jan 19 19 2 -——2——100'* 177% Jan 5 100 ,155% Jan 23 V 6,600 " Jan 68 2 19 43 *-1 SVl Cast Co National Supply .3,700 Jan 17 116 / National Steel Corp—... 57b% Jan 1167b 29% Jan 4 Service Corp Linen Nat Mall & 620 967b 14% preferred A preferred B National 18,500 V: 1007b 100 , 27 Va 146% Feb 8V4 July Sep 38% Feb 3 111 1107b 11074 7% 109 74 2274 -100 No par .—19 No par 1,100 v National Oil Products Co 43,600 k. National Power & Lt—, . 697b 2934 ;• 96 1007b 1474- ' 1,300 9 : 177b :V' 7% 23% 24 15 74 Jan & Stamning—_No par National Lead CO- / 2 Jan 11478 Jan ; Gypsum Co $4.50 conv preferred. i Jan 35 19 preferred 1 For Apr ' 107 *69% 167b 16'/a 16% 31 *103 *100 100 6 10 ^_5 Biscuit Co Nat Enam '4,900 *69 7b 697 b 30 . ' V'35%. f 35% 357b 187b 30 18" 1774" 24 25 - Dec 8%Jari 11 31 preferred—Aviatipn Corp National 120 ""3474 ■i 17% 100 V: 1057b 267b 26% 87b v>9>'? 69% 177b 105 "6,100 9 697b «95 Va : 400 • 100 , 13,700 1797b 347b A 874 107 137 Jan 537a Jan —1 U7.100 15 74 '■ >2674 347b Dec Jan Nat Distillers Products 3,600 41 15 105. 247b 4" -:~2474 99% : 37% 387b *40 V 157b 18 107 74 Jan conv 7% 11,000 . 12 .>179 247 b 25 ;697b 29 7b : * 30 109 5 Nat Dairy Products National Dept Stores..: 6% preferred — 287b 2274 12 180 18 Jan par w-1 100 28 lb .2212 . 3874 267b 158% 18 ,17 : 6974 ' *155 7b 18 1374 1787b- 26% 179 7b Dec 4 87 National Container— 4,300 5,900 : / National Cylinder G is Co 147b 14 137b 41 1047b Aug 38 114 Nat Cash Register 15 "a Dec 39 -77b Jan 23 —.5 : *40 * 104% 267V 6% National ' *178% 2674 180 ir 48 ./"34 % V 34% 9% 1047a *155%. 15874 18 24% 247a 26% 180 157 18 17% *17% r 180 157b 557b 5 Louis St. 3,100 3774 38 40 1574 300 & 34 3 a V Oct Jan 2 Acme ■Co- National / 21 Chatt 34 VB 12% Dec 1 3474 2874 16'/4 Jan ; T 23 Jan 79'b Jan — 9,500 *12 .. 8 Tb 111 Va Jan Co__, .1474 2274 > . Jan Mar No par 147b 28 227b 16 Sep 10674 Jan .-No par series C 15 . Nov 10 Nat Bond & Share Corp National Can Corp 147b 3874 No par 21 14 Apr 27 .—100 20 -No par B 34 74 12% 40 series 21 14 Tb 317b No par 1474 ... Feb 37 ——No par 21 X1374 377b V 104 74 104 74 i V i80 180 *154 ■> 104 74 10474 10474 180 24 37 15% . 8,100 28% ■■ ——— Nat Automotive Fibres Inc 3,500 25 185 14% 22% •12 12% *12 1474 15% 39 Dec 25 1 National Airlines . 1.400 24% 1.4 74 _ 13 13 *182 7b 34% 277b 2874 2274 • 37 157a >■ *12 3974 3674 : • 12% *39 • • 4,400 10,900 25 ' 14% •11% *182 7b 14% *34 7b : 17% 1174 185 15% 21 14 1474 21 177b « 2474 * 1857b *183 185% *183 21 *20% ■ 94 n Nashville 37 100 Jan 11 -No par Chemical Co__ 7 18 23% 13 Jan Feb 38% Jan —3 —100 100 100 Nash-Kelvinator. Corp. 1774 40% 37% Jan 70 ... 37 Va Feb .—.Iv $7 preferred--. —No par Munsingwear Inc --No par Murphy Co (G C) —No par 4%% preferred— 100 Murray Corp of America _10 Myers (F E) & Bro No par 42 23 8 82 Feb . 58 Va Jan No par i ; Brass 18 37 Oct Dec 197b July 3 10 series D Impl—± Wheel Corp > 17% Dec 3 100 preferred ser A Mueller 90 1574 *52 Vb 16 % 54V» 18 '/a *52 16 54% 15 7b 54 V4 *52 *83% 84% 112 *110% 15% 137b 20 3374 Jan 37 —5 No Mwllins Mfg Co class B 800 83 Tb 10474 111 Sep 16% Aug 98 Jan 2o 54% Jan ——5 Power preferred Motor GOO 112 2 Jan 50 Motor Products Corp 5,200 2374 15 Tb - 101 Vs Feb Jan 13 Jan 12 Jan 3 Jan 2 15 Montgomery Ward & Co No par Morrell (John) & Co —No par '/Morris & Essex——.——50 13.100 • 99 *82 1 • ■ 900 1174 *98 *110% 14 12% 98 74 94 35 ' 35 v 1 3,200 , 25 74 ' 11% 7 —— Corp Preferred $4 so 51 Va 50 7b' vtc preferred- $4.50 10 *114% • ■ •*4374 % 36 *35 51 207/« Feb Petroleum preferred Monsanto 1,2G0 4. 114 . " 51 tW. 4274 24 114 *108% 109% 517b *108% 67 Tb X877b *113 114 *113 1157b *1147b ; 86'/a 8674 87 *113 ;. 3274 217b May Apr preferred series A_. Mohawk Carpet Mills. I Monarch Mach Tool 2,500 32 55% July >28% Nov Feb 7% 1.900 31 7b Jan 10 ■. Mo-Kan-Texas RR 24,300 187b . Dec Mar 97 Regulator pfd series B_. preferred'series C Mission , 31,200 1974 » B MolJne $6.50 21,100 G7'8 7 Oct 22 47 103 conv 4% 7,800 1,600 - 874 114 287 b ; 4% 4Vt% 67b 6sb 32% Feb 27 19 1st preferred cum Class ■--- ■ * 111 874 *11074 . 28 3 4 28 74,... 27 2774 674 1127« 119 *11074 8% 1127b 374 874 87b Apr 14 Jan 111% Jan Minn-Honeywell 2,200 ' *11074' 111 * 10 25 GO 10974 Jan 24 . 177b Jan 3 — Apr 21 Vb Jan ——,_100 Minneapolis & St Louis Ry—No par Minn St P & SS M A vtc—No par 1,800 > / '—' • 8% 11,500 45 45 111 ■ *1127b 67b 674 v *11074 834 114 27% 27 277s 67b 874 114 '■'£& 27 112% 3374 Jan 8 Products Steel Midland 800 2% *274 -V *111 111 Mid-Continent 210 18 274 •111 110 7 b * 111 111 111 8% 1107b 87b 110 '• ':V ■— *110% • Feb 9 Copper . ' *111 Miami 5 8,700 1,900 , ■ 14574 *56 7 2 ' 45 4474 4474 29 .'.38 38 145'A 1874 Jun ' 2 8% 4 Oct 21 Jan —.1 Dec 29% Jan 147b Jan Metropolitan Edison 3.90% pfd__100 11,800 i: 8 774 587b *56 17% 2Va , 4574 45 38 3 11074 Jan 16 28 Co—!—10 July 19% 106 Machine Co ' 6 25 Min Trans Co—No par 1,300 14674 146 58 58 58% 1774 conv 35 Va 29 74 387'4 1467b 5% 240 56 1067b Mar 10 Dec 11% July 44 Mar 13 7b Jan 25 (The). 1st preferred 37 Va 8 28.7b 38 V2 1467b 1674 2'4 8 ~- Mengel Co . Dec Nov 67 Va 109% 2 6 74 Jan ser 1077b *107 2874 3874 146% 5774 457b 8 74 38 74 38 1467b 146% 1467b 774 29 74 28% 2974 37% 146 % 774 774 774 5,600 32 7b 17 217b Jan 247b 10474 Jan v4 Corp 35 Vb . 3774 37% 3774 1,000 15% 74 56 36% *35 7b 108 108 107 .... '» /. 77b 38 V/ Jan 2874 Jan Jun 176 Va 47b Mar 6 6 111 29 Feb 527b 10% Feb Sep 51% May Mar 170 1 preferred $5.50 pfd 180 9 .42% Feb 3074 Jan 25 19% Jan 2 52 Jan 2 No par series A__—No par B w w -No par Melville Shoe Corp...—-———1 $6 50 r 98 38 157a 104 19 Aug 12 19% May 5 Jan . 5 5 7a. 2,300 1374 13% 1037b . 257b Feb 29 4 25 V4 May 67 7b Feb 180 2774 Jan 22 19% Jan 25 18 Co—' Stores 2,900 20 Tb ,• —No par Inc Robbins & preferred $4 26 Jan 12 Jan 26 Jan 4 Jan 15 1107b Jan ; No par preferred McQuay-Norris Mfg, 1117b 207b *101 TV 176% 62% 8% 4074 —1 f McKesson ; 20% / 13 Tb 103% par Mclntyre Porcupine Mines 300 30 111% Elec Co 1,000 > GOO 20% 9674 37% 109 *108 13% ——No Wks Alkali 10% Jan 4.074 Jan 1 McGraw-Hill Pub Co 14 *10974 207b *101% 14 101% 57 *56 r ;:f:'.:35 20% 207b par ; McGraw ■ 20 Co— 2,600 10574 13% par No 1,300 267b 105% 27 No Corp 1,300 V 59% *59 59 58 58 58 2674 105% 267b 106 *10974 *21 % 58 58 120 *111 Va l2U *111% 120 3174 74 COO . 287b 217B 26 : •111 *111 28% 32 105% 6,000 *28 207 a *59 1,800 • v: 2074 20% 120 *112% > 10% <>> 42 *40 42 42 42% Elec 167b Jan 19 18% Jan 22 21% Jan 22 par —3 preferred——-a —100 May Department Stores—10. Maytag Co —j——No par $3 preferred--—.—-—No pat $6 1st cum preferred —No par McCall Corp—.: «.-• McCrory Stores Corp_.._-._——.I 5% conv preferred w W— -100 ' *111 32 'v Apr No Co Corp... Malhieson 4,100 287b *28 20% tl 37 74 Master ; ■ 42% 42 % 42% 28% 20% 20 Va ':= Dec 27 Lt (Glenn 7% 67% 65% *111 *111 28% *28 V 24% 00% 2474 Oct 4474' Jan prior pfd Ry 6% Mai shall-Field."&■ Co.. *180 7b *180% *180% 10% io v2 *41 25% 65% $ *64 *111 31% Dec 6 2,200 2474 Dec Dec 32 31% 20 Jan Masonite *180 24% Jan 47a 4,500 31% 16 Feb 9 43 Va 257b Feb 18% » 1274 Jan Martin-Parry 31% 10% 8 2 4,500 2474 10 74 6 May 11% *180 Apr Feb 24 • 8 15 25% Feb 25% 11 25% ——~i-5 10% Jan 20 23% 31% 9 7b Jan 31 14 Jan 17 . 21 23% 25 Jun Jan Martin 31% 67b Oct Dec 391 Apr 7,400 *180 Jan Jan 2374 4 315 Dec 19 22% 137b 237b 32 Jun 127b 247b 327b Jan 1474 I6V1 237 a 32 14 2 5 24 42% 9 22 74 Jan Jan 30 387b May 10814 2 2374 4474 Jun 6 237b 11% Aug 104 Jan 23% 43 7b X26 74 11 19% Jan 23 % 11% 30 1874 Jan 32,200 44 i>:;' Dec 327b Jan Jan 22 Jan 24 XIO8V4 Jan 17% Feb Feb 3-. St 1,820 19% 11% 3174 106% 167b 197b Market 27,5C0 187b 43% -No per 100 .No par 10 50 .-1 -No par Jun 18 44% 48 ;8 74 19 7b ij, 1174 NOV Jan 135 Jan 87a 11% 148 34'/a 2 6l/s 1974 44% Feb 9 Feb 148 2 6 -1874 % Dec 18 32 16 87b Feb 87b 1174 30 Jan 5IV4 Feb 3 Jan 47 74 Jan 147 par 2 19% 44 Apr Oct Dec 7% Jan 18 Tb 11% 2574 Dec 247b 111 +.5 100 8% 4374 Jan Midland-Corp-i.„^ 197 b 11% Jan 69 74 Jan Marine 18% 43% 207b 2, 111 Jan 19% 11% 25 165 27b 18 -1174 24% Jan Feb 207b July Jan 9 197b * Apr V4 Jan 18 87b Dec Jan 177b 151 29 4 19% . 44 28 8 9 Jan 2 17 8V2 Dec 37a Jan 19% "a Dec 167b 1 18% 8% 53 Jan Expioranon.I oil Maiaudioo 19% 8 No Manhattan Shirti » 2,200 87b 87b 8,400 18% 8% 43 * ' 15 Feb 8% 20% Feb 28% Jan 100 : Copper Mahoning Coal RR Co Manall Sugar Co__.._ Maiidel Bros —— 500 10 4074 >"■.■■■_ Magma 19% 74 23 f; Madison 1,800 974 V25%- 4:'' 3,200 ; 7 24 168 Jan 237b Jan 10 Co Inc— series A Square Garden .v 103 ■ Inc Trucks 18% 8% 18 19 *25% 25% *25% 2»% 400 *14 7a : 15 ' *25 74 ! 1774" *410 107 b 10 • Dec Feb Jan 45% Jan. 187/8 Jan 100 i. Macy (R H) 4 74 % pfd 11,700 ■ 20 7b *19 Va 500 *14 TV 15 3174 ; 17% 1774 19% 107b 10 *14 15 17% 500 *415 974 97b vvi5.;: r 317 b Mack 3,500 41 % Jan 166 Forbes. & preferred 6% v; 5174 "10874. 109 108 % 18 20% . 8174 Jan 23 15% Jan ;—100 No par Nashville— & MacAndrews 100 . 50:,4 '2078 *17 500 *415 . 9% 14% 9% 14% 50 10 Co P) < preferred-,.— Louisville Gas & El A 151 *148 3174 10874' 108'/a 108 Va 108 317a 31%' 31% 31% 31% 107% *107 - No par 25 7% 2,200 32 *31% 32 May 19 M 32 Nov 58 53 Lorillard •1.100 109 103 Dec 237b 3 23 Cement Corp otar Long Bell Lumber A Loose-Wiles Biscuits—r—, t: ) 11,400 ■I 40 s1':— * 16774 24% 109% 1097b 42 20% 207b * ' *167 Va v';> 24 V4 > 109% 108 107 74 *16774 24% 247b 207b 42 20 Va 42 207b 30 V4 Jun Jan Lone '3,400 NOV Jan 147a 7974 Jan 2,500 % •/ 22 Va May 1974 22 No par No par ; V;' 1774 I per share 9 7374 Jan Inc Loew'f Highest share per 9. .V 2 31 ; I 7 33 74 Feb 29% Jan 19% Jan 4,200 18 7b *4174 42 42 •' 168 168 V' 24 24 > .4 '1874 '• 24% Feb 22 Liquid Carbonic-Corp 13,100 < ' i per share Lockheed Aircraft Corp 2,700 ' , V. * *167% 24 52 52 Co—,——No par No par 1 Lion Oil Refining >9,300 3374 2074, 19% Jan J 944 Lowest Highest i per share par " 33% • ' 18 r 23% 23 23% 33 74 20% 76 23% 22% ■' 24 74 237b 18% • 33 207b 52 22 74 33 22 Year Range Since January 1 Lowest EXCHANGE Shares S per share $ per share 3274 22 33 20 Vs 22 ■ the Week STOCK YORK NEW Sales'for Feb.!) Feb. 8 < $ per share share Friday Thursday Wednesday Feb. 6 Range for Previous STOCKS PRICES SALE HIGH Tuesday Monday Feb. 5 f Feb. 3 AND RECORD YORK STOCK NEW LOW j 679 FINANCIAL CHRONICLE & 317b Jan' 10 • 137b Jan '22 Jan 1874 July 327b Dec 105% Jan 4 967b Jan Feb 5 56 Jan 68 Nov 110 Jan 26 Dec 110 Jan 107 Feb 8 Dec 106 367b Jan 10 277b Apr 35 t)ec 8 16 74 Apr 22 J4ily 707 106% 104 105% Oct Dec tttrWH? -ft-'' r" Wiifru "rf"*' RECORD NEW YORK STOCK Monday Saturday X I per share ■ llOVa *109 49% 110 Va x48 *109 49 48% 48 48% 49 49 % 23% 23% 24 23% 23% 34% 34% 34% 35 35 35% 34% 35% 110% 112 111 34% 17% 17% 43 % *42% 21 21 20% 18% 18% 19 19% 19% 20% 2,100 46% 1,900 44 165 224 123 122 123 123 *123 21% 21% 123% 21% 21% 123% 21% 37,800 55% 55 Va 55% 55% 55% 55% 800 54% 54% 54% *54% 54% 54% 54% 400 10 10 Va 22,700 43,100 55% *53% 115% *106% 19% 32% 32 20% 19% 20% 18% 115% 115% 115% 32% 32 Va 115% 32% 115% 32% 51 50 50 52 14% 14% 14 14 14 49% 14 *108% 109 7,200 52 1,400 14. Dec 19% Jan 9 62 Jan 39% Jan 8 24% Jan 29% 20 Va Feb 9 11% Jan 18 Va July 46% Feb 8 30% Jan 44% Dec 198% Jun Dec 118 Dec Jan 13 129 Jan 87% Feb 9 75 Get 87 Dec 22% Jan 3 14'A Jan 23 % Dec 39% Jan 4 33% Jan 47 Va 169 . Sep Dec Dec 8 193 Va Jan 8 2 29 116'/a Jun 122% 21% Feb 8 15% Jan 55 % Feb 52 Jan 56 Oct 54'/a Feb 51% Jun 54% Dec Jan 7% Jun 11% Jan 30 49% 6 Va 50% 12% — Norwich Pharmacal Co Dec 35% 9 Jan 9% 105 % 17% 113 Va No par 50 2.50 Preferred 150 14 *51 52 xl3% Dec 23% 123 Va Jan 50 Telegraph Norwalk Tire & Rubber Northwestern 170 Apr 236 19 Va Jan No par Airlines Northwest 15% Jan 53% Jan 6 53% Jan 16 pfd-.No par Northern States Pow $5 2,400 ft 8% 8% 8% 8% *51 14 Va : 33 49% 52 *51 52 Northern Central Ry Co Northern Pacific Ry 280 ft 31% 50 *49% 8% 8% 8% 8% *51 52 14 V4 -14% 19% 115% 32% 8% 7% 7% 20% 115% 32% *49% 51 50% 50% 51% ft 19% 35% 11 50% Aug 37% Jan 8 4 Jan 121 1 50 100 North American Aviation 11 Dec 109 2 10 50 50 preferred series 5%% preferred series Jan 218 219 100 pfd non-cum 6% Jan• 97 18'/a 118% Jan 37% Jan 20 100 North American Co 60 *106% — 115% 115% 32% *123 10% 10 10 % 10'/a *106% ' 106% 106% 106% 19% 19 - 7% 10% 106% 10 10 9% 19 Adjust 4% 90 21% 55% 54% 115% 820 21% 55% 111 Noblitt-Sparks Industries Norfolk & Western Ry 600 226 225 228 1 5 13 2 26% Jan 86 19 % Jan 22 Co ctfs of dep__ SLipbldg Corp part stk Y N 2,600 21% 54% 51% 38% 122 54% *49% 38% N Y Lack & W Ry 10. ft 21% 55% 32 38% 226 55% 18% 38 Va 228 *527/s *115% 21 226 20% 9% 87% 21 228 55% qs/b 87% 21 225 *122 ♦106% 87 20% 39 *38% 38% *86% 21 21 21Va 11 49% Jan Jan 22 Jan 22 Jan 22 Feb Jan 163 Highest I per share share 18% Jan Jan 23 28% Jan 2 17 Jan 2 41% Jan 20 • 87% *86 Va 87% 100 100 Louis Co N Y City 220 164 *160 163 163 165 46% 46% 45 45 Va 45 165 123 224 *122 21% 1,200 111 No par Central York 6% 3,100 35 111 111 225 224 20% 110 35 38% 39 *38% 39 *38 preferred series A Omnibus Corp No par New York Dock .—No par $5 non-cum preferred No par N Y & Harlem RR Oo -80 109 35% 21 21 N Y Chic & St. New 35% *86% 87% *86 87% *86% 1,900 18% 165 167 *160 167 *160 79,800 34% 35% 43% 44 23 % 34 ft 109 45% 21% 32 103 Va No par New York Air Brake 35% *18 18% 17% »40% 2,100 35 35 35% *35 35% ♦35% 113 111 112 47% 22% 23% 23% 23% 23% 23% 34 100 I per 109% Feb 16% Jan 22 Jan 9 Newport News Ship & Dry Dock—1 $5 conv pxeferred No par 4,900 1944 Lowest $ per share ft9 per share Par 47% 49 48% 110 EXCHANGE Shares 17% ♦109 Year Range Since January 1 Highest Lowest 109 % 17% 18 HO'/a v Previous Range for ft.: -ft'; ■-■■■" STOCKS NEW YORK STOCK the Week Feb. 9 8 per share share 17% 17% 17% 17% *109 109 % Feb. 8 t per snare x per per share 17% 17% 109% 109 *108 share ver 17% 177/a 17% x • for Sales Friday Thursday Feb. 7 Feb. 6 Feb. 5 Feb. 3 ft ft . AND HIGH SALE PRICES Wednesday Tuesday LOW Monday, February 12, 1945 COMMERCIAL & FINANCIAL CHRONICLE THE 11 Jan 20. Jan 9 Jan 31 Jan 9 Jan 22 Feb 9 Jan 2 Jan ft4 Jan 3 Jan Jan 22 % 112 21 Va Jan Oct Dec 106 100 xl3% 106% Feb Dec 19% Dec Jan 115% 34% Jan 17% Jan 31% Dec 52 37% Feb 50'A Dec Feb 116 Jan Apr July 7 8% Feb 4'A Jan Jan 40 'A Jan 53 Oct 12% May 16 Jan 109 Dec 54 14% Feb O 19% 19% 28% 19% 19% 27% 28 108 108% 108% 14% 111 14% 14% 14% 111% 111% 111% 111 16 15%. 15% 16 Va 25% 25% 15% 25% 25% 25% 25% 25% 157 23% *22% 23 23 78 *22 % *74 *74 78 *74 74 . 62% 63 64% 14 14 14% 14% 15% 15% 26% 26% 26'A 26% 74 64 , 6% preferred 76 63% 64% Owens-Illinois 14% 14% 14% *74% 75% 63 2.50 No CO- 64 *74% - Outboard Marine & Mfg Outlet 74 58 par Co—-—.12.50 Glass Feb Jan 104% Nov 15% Sep 3 23% Nov 28% Oct Dec 108 % Oct 105 108% Feb 3 15 Jan 2S 8% Jan 27 99% Aug 16'/a Feb 6 8% 20 % Mar Apr 112 11% July Dec 108 Jan 14% Dec "Apr 24 % Aug 26% Feb 8 18 Jan 10 147 May 23% Feb 6 Jan 3 64 Jan 75Va Dec 64% Feb 231A Jan 2 155 Jan 26 22 'A Jan 30 —No par 100 Otis Elevator 9 9 28% Feb 106% Jan 3 11% Jan 2 107 Jan 4 13% Jan 22 10 bppenheim Collins 23% *22% 23% No pur No par Feb 19% Jan 109 107% Jan 12 17% Jan 22 24 Va Jan 24 100 pfd Oil Co 157 *156 157 *22% 23% 63 78 62 62% 61% 15% ♦156 23% 23% 14% 111 111 111% onto Oliver Corp. .15% 156 156 157 ♦155% "155% 157 "155% ... Edison Co 4.40% ftft.4% % convertible preferred—100 'jQmnibus Corp (The) 6 ft-/, 8% conv preferred A 100 108 13% 14% 14 Va 26% 15% *15 15% . 27% 26% 108 108 111 Va 14 14% 14 111% 14 >•; 111% 19% 19% 27% 27% 108 108 % 108 108% 107% 28 27% 28 27% 28% 108 Ohio 109 109 19% 19 Va 19% 19 19% 19% 109 *108% 109 *108% 109 >108 108 107% 9 55% Feb 64 Jun 10% Jan 157 76 7 2 157 Sep P 14% *14 i>. ■••' 14 13% 14 *14% 14% *14% 13% 3,960 13% 13% 14 500 13 13 13% 13% 48 48% 48% *47% 48% 48% 47 48 47% 25% 26% 26 Va 26% 26% 25% 26% 26 26% 26 *25% •: 25% 35% 35% 36 35% 36 12% *46 35% 49% 49% 49% 49% 49% 49% 49% 49% 49% 42% 41% 42 41% 41% 1,400 122 % 122% 123 123% 123% 210 163 162% 162% 163 7 6% 123% 122 % 162% 162% *162% 163 163 7 ft; 21% 7% 20% 20% 20% 6 % 6% 6% 21% 11,200 7% 7% 6% 6% 280,200 33 33% 32% 33 Va 15,300 14% 15 15% 15% 15 33 % 33 34 14% 15% 15% 15% 14% 14% 56 % 57% 56% 57% 56 56% 29% 28% 29 V4 35 35 35% 35% 35% 35% 4,500 23% 23% 23% 63 % 23% *15% 15% 15% 15% - 110 70% 21% 64 111% 700 Penney (J C) 3,800 Penn-Central Airlines 1,800 Penn 5% 19,300 71 71% 22 5% 35% 35% 35% 35% 34% 39% 39% 39% 39 Va 39% *38% 39 31% 31% 31% 71 % 72% 32 72% 73 ft; r 400 17%'": 2,200 72 % 15% 16 15% 15% 15% 16 16 15% 24% 24% 24% 25 % 24% 25% 24% 24% 24% 22% 23 23 23% 22% 23 23 24% *94% 97 *96 97 96 96 97 98 71% 72% 72% 76 24% 22% ; 95 95 27% •106% 107% 8% 8% 8% •'Mp 98 §8 74% ft 700 75 2,700 6,500 300 27 27 105% *106% 107% 90 9% 9,000 10% 4,700 8% 9% 9 ft 10% 10 68,900 iiw 8% 8% ,v 23 ft 27 106% 107% *106% 8% ft 27 27% *26 27% 106% 106% 8% 8% 72 *26 27% *26 27% 107% 72 72 72 *72% ; 73 *106% 600 31% 72% .72% 22% 800 " 31% *15% 24% M : 72% *31 15% 15% 22,900 . 72% 73 *71 35% 35% ♦72 10% 10% 10% 9% 9% 10 10 66% 67% 68% 5,400 66% 67% 72% 66 67 65% 66% 70% ft 26% 26% 26% 26% 15.200 26% 26%' 26% 26% 26% 26 27 60 59% 60% 60 60% *65 26 60 60 109 59% *108 109 v 126 *116 35% * 104% 104 Va • 35% 92% 104% 109 ft *118 108% 92% 47: 13% 13 27% X27% 27% *27",' 27% *107% 108% 108 Va 108 Va 135 *115 7% ft 7% *115 ftasl 7% ; 9% *9% *87% 89 ft • ft 9% '*87% 17% 17 7% 87% 87% .88 88 9% 17% 7% 7% *85% 86 Va 85% 9% 9% 9% 9% 17% 193 *101 102 52% r >54 71% 71 •22 22% 193 ftft' 7% 7% 7% 9% 9% *90 53 ft 54 ft'• 72% *81 22% 22 71 ♦180% 14% 14 % 85% 85% 19 25% 15% 18% 56% • ■: 119 19% 20 104% 104% 108 18% 15% 86% 108 23 23 14% 86 ft 14% 86 18% 18% 19% 26 26 26 ft 19% 15% 15% 15% 15 Va 15% 15% 19% 18% 19'/a 18% 18% 18% 19% '*18% 19 Va *18% 57% *56% 69% '600 108% 2,600 57% - 88 .19% 56% 56 Va 57% 57% 57% 57% 57%. 58% 118% ♦117% 119 1,300 1,400 119% ■ 88 .ft, 19% J) 26 ft" 26 ..J 18% ft 56 % 119% . .15%'^18% 14% ft*85- *26*' ■r46V2yj! *18 ft: 22% 14% 22% •ft' • 118% 118 108 'V '-*180% 56 % 19% 70 ft. 7,200 800 .v 15% 8,600 ,ft>5:17%' 18% 26,700 <) ua 18% "-15" .jg 7- *53 58% 119 Phcenix 55% 700 59 2,600 119 50 5%% Preferred 5% 5% 19% 19% 19% 19 Va 19% 19,700 104% 104% 104 Va 104% 104 Va 104 V8 810 107% 108 107% 108 Va 107% 107% 470 108 114 114 113% 114 390 7% 1,020 R * 108 115% 115 115% 114% 114% 123% 123% 123% 124 124 124 124 124% see page 683. 124% 124% 124 Va 125- 1 9 & pfd 50 2d preferred No par Gamble (ser of Feb 1 '29* Pub Serv Corp of N J 19% 104% 107% conv Procter 19% 113% No par No par Pressed Steel Car Co lnc 5% conv 1st preferred 104% 113 5 Plymouth Oil Co Pond Creek Pocahontas Poor & Co class B 19% 107% - $5 6% preferred-, preferred preferred inferred — 100 No par No par 100 100 100 Dec 44% Jan 25% Jan 42% Dec 117% Apr 123 Va Dec 149 Jan 163 125% Jan 26 Feb 5 163 7% Jan 4% 22'/a Feb 12% Sep 7% July Jan Feb 17 Va Dec 6% Aug 7% Feb 3% Jan 353/8 Jan 28% 8% Apr Feb 36% Jan 51 % 16 Dec 19% July Dec 57% Jan 15 45% Sep 111% Jan 24 109'A Jan 5% Jan 9 2% Jan Jan 4 45 Jan 61 July Jan 15 103 Jan 109 Dec 30'/a Jan 3 23% Jan 30 Dec 27 Sep 37% July 59 109 36% Jan 114% July 5% Dec 2% Dec Apr 31% Aug Feb 23 Va Jun 2% Jan 1% Apr 26% 18% 4% 8% July Jan 15% Apr Apr Dec 20% 51% 59 Va 93% Feb Dec Nov 113 13'A Apr 24% Jan 9 Va Jan 17% July 5% Feb 2% Jan 16 73% Jan Feb 37% 10 9 15 110'A Mar 38 Jan 10 40 Jan 32% Jan Feb 9 17% Jan 8 5% Jan 2 26% Jan 100 78 Dec 18% Jan 112 Dec 33% 29 11 Aug x70% Nov 25 Va Mar 22 Dec 5 Mar 16 Feb 112% Jan .32 Dec Jan 55 Jan 70'A Dec Jan 17% Dec 22 Va Dec 26 Va Dec 9 10'A Jan 19% Dec 9 54'A Jan 96 Dec Jan 26 21% Jan 73 10 33% Jan 65% Dec 27% Jan 28 Va 23% Mar 12 July Jan 4 105 % Oct 107 Va 9'/a Feb 8 7 Sep 9'A 10% Feb 7 7% Jan 10 July 107 Nov Jan 1 72% Feb 40 Va Apr 71 Dec 27% Jan 20'A Feb 26% Dec 60% Feb 49 "A Jun 59% Dec Jan 88% Jan 108% Dec Jan 65 Feb 21V8 Jan 25 Jan 110 2 24% Feb 19 May 21% 2 26% Jan 23% May 26% 117 —— 33 % Jan 90 Jan .107% Feb i 22 4 Feb 96 Oct 104% Dec 110 July 107 % Dec 115 Aug 11% Feb 108% Feb Jan 17 14% Jan 20 115 Jan 10 44% Jan 2 Oct July 82 ft Jan - Apr 37 24% 94 Oct 119% Jan 36% Feb 6 18 108% Jan 104 Jan 107 105% Jan 17% Jan 30 Jan 31 47% Feb X98 8 119 42% 9 i 16 Va July Nov 117 Jan Sep 48% July Apr 14% July Feb 3 Jan 2 x27% Feb 6 23% Feb 28 July 107% Jan 3 108'/a Feb 7 105'/a Nov 108 Dec Jan Jan 92% Apr 10% Nov Feb 90 11 25 7 83 9% 85 % 15% .. Jan 23 Jan 6 Jan 24 Jan 2 Jan 15 Jan 31 13 2 5 92 Jan 3 61 10 Jan 15 8% Jan Feb 7% 68% 8 17% Feb 3 90 Dec ' Dec Nov 193 Jan 17 Dec Jan 171 Mar 183 Feb 11% 164% —.— 8% Jan 2 102 Jan 3 52 Jan 20 68% Feb 9 1 100 Dec 48 23% Jan 190 Jan 2 6% Jan ft 4 Va—i!&ftI..100, pfd—ftiif. 100 Dec 35% Jan 111% Feb 2 Jan 10 Jan 19 Jan 2 No par 1st ser conv pr Pittsburgh & West Pitts Young & Ash Plttston Co. (The) 25% Jan 9% Feb —No par 100 —100 pfd..—100 Pitts Screw & Bolt 104% 113 lnc preferred Pittsburgh Steel Co 7% preferred class B 5% preferred class 19% 20 Hosiery Pillsbury Mills 104% 107% footnotes 68% ft 58 108 For 1,040 14% 14% *25% 118 13.300 53% 23% 23% 19 57% 58,200 53% 108% 108 25% 19 7% 72 70 *85 20 102ft. *91 *180% *180% ft ft- 25% ft ft- 57 57% *118 86 — 72 3,000 ft' 54% ; 18% 19 57% 86 % 71 71% 54 54 *18% ft- 18% 56% 14%, *53% . 2,700 9% 7 9% 9% 102 *91 15% 15% *18% *91 1,300 50 17 198 *192 7% 7% 9% 9% 102 ;i 800 ft 90 17 198 18% 19% 25% 9% 107% ,108 23 -23 *177% 14% ' 200 *178 *192 preferred—— 5 25 No par Pitts C C & St Louis RR 100 Pittsburgh Coal of Pa 100 6% preferred 100 Pitts Coke & Chemical Co—No par $5 conv preferred No par Pittsburgh Forglngs Co 1 Pitts Ft Wayne & Chic Ry —10Q 7% preferred 100 ft $4 9% *89 17% 7% 600 85 9% • 17% 17% 'ft *192% 198 7% 7% 102 53% •>54 100 No par 100 No par Phillips Petroleum..; 7% 85 9% *178 9% 71% ft; *177 14% 17% 'ft 9% 102 100 series 400 135 7% 90 *178 6% *90 ft series 15,000 107% 107% 86 89% 90 *89 89 17% 198 4%% Preferred 4%% Phillips Jones Corp 28% *26% 7Va 7% •X 10 100 13% *116 135 *116 85% 9% Corp 47% 47 108 Va 700 17 *12% 27% 27 *107% 7% *192 6%;; :-ft■ ftft 9% 16% 19% ft. 85% *177 198 *191 135, *115 135 > 7% >*175 *175 • 89 89 17% • Philip Morris & Co Ltd 4% preferred ... 123 *117 12% 108% 135 Philco 1,400 93% *16% 16% 123 47% *12% *115 92 % 12% *107% 13 4,300 35% 35% 47% •••ft: 27" 13 preferencs com 4.4% preferred $1 126 *116 47% 13 108% 1,900 92% ' *16% *117 123 *119 27 12% *26 26% 20 16% ; *12% *107% 26% com Jan 39% Feb 36 25 Jan 23 57 Jan 25 106 % Jan 2 25 50 No par No par No par lOO 3 preferred Preferred 47% 46% 46% 46% 46% 46% 24% 35% *92% 16% 123 *119 123 24 Va 26% 35% $6 Phila Electric Co. 17% 30 49% Feb 26 Va Jan 63 Va Feb Jan 24 Jan 3 112'A Jan 15 ——1 (Chas) & Co Inc. Jan 20% Jan —33%c J 23% Jan 22 Pere Marquette Ry Co— -100 * 19 % Jan 2 5% prior preferred 1 100 ft; 92% Jan 19 ft 5 % oreferred——— .—100 63 Jan 2 Pet Milk Co No par 26% Jan 19 4%% 2nd preferred 100 106'A Jan 5 Petroleum Corp of America 5 8 Jan 2 Pfeiffer Brewing Co No par 9% Jan 2 Phelps-Dodge Corp Philadelphia Co 6% preferred Sep Apr 48% 24% Feb Pepsi-Cola Co new Pfizer 14% 13 Sep 8'A Feb Jan 31% Feb preferred 100 Pennsylvania RR 50 33 % Jan 2 Pennsylvania Salt Mfg Co —10 39'/a Feb 8 Peoples Drug Stores lnc ..—-5 ; 30% Jan 18 Peoples G L & Coke (Chic) 100 69 Jan 6 Peoria & Eastern Ry Co. 100 ft ft 14% Jan 23 320 17,800 ♦__ 17% 17 17% 35% 109% 109 126 •116 60 * 104% *107% 104% 26% k 840 24 Va 24% 26% 128 59% 109% 92 % 92% 17% 109 35% 3 35% 92% *104Ve 17% *119 ft 123 36% *107'/a - 109 *17% / 35% 92% *107% 26% 92% 36% 92% 60 Va 24% *118 128 *118 126 *116 26 Va 26 26% *26 26% •26 24 Va 24% 23% 24 *60 109 109 109 109 109% 23% 24 23% 9% 9% $7 Penn Cement 5% *112% *112% 31% * 400 21% 14 % 4 64 Va 19 No par conv pref ser A No par Glass Sand Corp——No par Penn-Dixie 3,200 21% 5% 1C7% Jan 1 10 Corp. Coal & Coke Corp 2 29'A Feb 1 21% Jan 5 7% Jan 4 18% Jan 22 59 Jan 5 No par Co.—. 23% ,15 39% 31% lnc 15 35 39% Pictures 23% 111% 72 *21 *112% 6,200 10,900 21% 71 21% 100 preferred 15 5% 69 conv Paramount 23% 23% 21% *112% 35% 31% 32 110 69 69 *21 39% 39% *63 5% 4% 4% 4% 69'/a 347/a 35 64 xl5 15% 15% 15% 15% •112% *112% 19 23% 23% 23% 8% 19% 8% 9 19 *63 111 111 110 24% 1,900 8% 63% 21% 69 •20% 21% 63% 23% 4% 4% 4%. 69 63% 5,800 24% 18% 19 110 110 110 23% 8% 18% 10,000 31 Va 2% 31% 24% 24 8% 9% 19% 2% 31 2% 2% 31 24 24 9 6 3% *62% 63 109% 23% ft 2% 31 19 9% 19 109% 31 % 35% 23% 18% *39 35% 23% 9% 34% 35% 2% 18% *20 % 35 Va 30% 9 4% 27,100 2% 19 *68 % 29% 30% 1 No par lnc 300 28% 2% Cos 1 Park & Tilford lnc ex-privilege—1 Park Utah Consolidated Mines—1 Parke Davis & Co No par Parker Rust Proof Co 2.50 Parmelee Transportation No par Patino Mines & Enterprises 10 Penick & Ford No par 29% 30% Paraffine 4% ...—..100 Prod. & Ref Panhandle *108% 108 % 29% 2% 8% 500 29% 30% 2% 23 * 8,800 59 58% 29 Va 30 2% •30% 63 58% Line—No par preferred 5.60% 20 5 5 Petrol & Transp Panhandle East Pipe ft 5% 5% ft 5% 58% *108 % 34% 23 5% 58% No par American Airways Corp Pan-Amer 29% 34% 2% 5% 58% 29 29% 5Va 58% Pan 8,600 57% 111 111 111 1 10 Packard Motor Car 2,500 ft 15% • 57% 57% 56% ►110 111 5% *108% *108% 28% * 111 *58 58% *57% 58% *57 *108% . 5% 5% ' 5% 5% *110 111 *110 111 5% 6% 56% 55% *110 21% 22 21% - Pacific Western Oil Corp 33% 21% preferred.. 6% Jan 14 Jan 39 14% Jan 51 24 Jan 24 34 Va Jan 2 48 Jan 3 41'/a Jan 8 121 % Jan 3 160% Jan ft 3ft, 6Va Jan 4 16% Jan 3 5% Jan 2 32% Jan 24 13% Jan 31 49 Jan 3 110 Feb 2 5 Jan 24 56 Jan 16 108 Jan 17 27% Jan 24 32% Jan 22 2% Jan 24 100 ....—100 & Teleg Pacific Telep Pacific Tin Consol'd Corp 6% 20% 46 preferred non-cum.—No par preferred non-cum—No par Gas & Electric 25 Pacific Lighting Corp No par Pacific Mills No par 1st 2nd 16,400 6% 6% 7 33% 32% *110 *162% 7% 7 33% ■ ft 33% 20% 20% 7 7 7% 7 7% 7% ft-ft' 41% *122% 123 700 Co Pacific 220 41% *41% 42% 42 123 123 162% *162 35% 42% 42% *122% 35% *49% 49% *49% 930 6,200 35% 35% 35% 370 48 *47% 35% Coast Pacific 13'/a Jan 2 11 % Jan 20 B 10 Pacific Amer Fisheries lnc Apr 190 ft. 7% Feb 4% 6% 10% Jan ft Aug 6% July Jan Apr ft 9% July Dec Jan 82 Sep 100% 58% Jan <45 Sep 61% Jan Dec 103 74% Jan 57% May 73 2 26% Jan 11% Jan 22% Aug 15 Va Feb 2 74% Jan 17 86% Feb 5, 69 17% Jan 2 8 21 Jan 175 — 12% Jan 19 24 % Jan 3 12 % Jan 8 16% Jan 22 17% Jan 30 50% Jan 22 56% Feb ; 1 117% Jan 5 17 Jan 2 103 106% 110 121 % Jan 2 Jan 30 Jan 4 Jan 3 19% Feb 8% Nov 175 Nov Jan ft: 14% Oct May 83% Nov 16% Sep 19% July 25 May Feb 19% Jan 15% Feb 8% Apr 13 Va Dec 19% Feb 11% Apr '18% Dec 17% Jan 11% May 18% 57% Feb 35% May 55 Va 52% May 59 July Mar 121 July 26 59% Jan 17 120% Jan 19 116 ■ Dec Dec 20% Feb 2 13 % Jan 18% Dec 106% Jan 18 87% Jan 18% Dec 109% Jan 19 96 Jan 109% Oct 115% Feb 6 104% Jan 113% Nov Feb 9 113 Va Jan 122 % 125 Dec 1 Volume 161 THE COMMERCIAL & FINANCIAL CHRONICLE Number-4359 NEW YORK STOCK RECORD ' -Monday Saturday t Friday Thursday Wednesday Tuesday • . 'IV,.--'.., STOCKS LOW AND HIGH SALE PRICES : Feb..9 NEW YORK STOCK Sales I or -- "r-c; Range for Previous . - . . Range Since January 1 . Year 1944 Lowest ■ Feb. 3 I per -V' Feb. 6 ':0.. Feb. 5 s share per shore • c per share ' r ^ Feb. 7 Feb. 8 : t per share 1. ,'" 8 per share the Week 0 'Shares •-$ per share. ..>•;•// Lowest -EXCHANGE/—.Vi w, Par i • ver Highest - share S per share ' 117% 48% 49% 17% 18 116% f *116% 117% 48% 116% 49% 18 :49%.. 49 - 17% 18 17%' ' 117% 117% Pub Ser El & Gas *116% 117% 117% *116% 49% 49 49 % 17% 18: 18 r 18% ' 49% 9,900 18% . 116% •113 '115%' *112% 114% 114% 114% *112 114V2 *107% 108% *108 108% *108% 108% 108% 108% *107% 109% *107% 109% 25% 25 Vt 25% 25% 25% 25% 25% 26% 26% 26 26% 15% 15% 15% 16 16 16 y# Jan 20 119% Feb 37% Jan 14% Sep 52% July , 18 '2,800 : 0% Oct SIlt-Q 12% 12% 79 79% 12% 12% 79% , 79% 12% 12% *79 80 80 80 12% 12 12% 80 % 79% 79% of Amer. .—No par $3.50 conv 1st preferred—No par Radio-Keith-Orp" "urn i-l 6% : conv preferred——— 100 Raybestos Manhattan No-par Rayonler Inc — 1 $2 preferred —25 Reading Company— 50 / 4 % non^cum 1st preferred 50 *non-cum 2nd preferred—;50 Real Silk Hosiery5 1,500 ' 9% 9% 9% 95 94% 95% 36% 37 36% 37 16% 17%'. 17% 35% 35% 35,% 21% 21% 21% 45 *36% *36% 119 13% 17 V2 1 17% 17% 35% 35% 35 % 22% 21% 21% 21% 22% 44% *42% 44 37% *37 37% 13 , 18% *79 18 V2 79% ' 37 13 100 • 13 79 19% 19% 19% 19 19% 18% 24 24 24 24% 24% >>23% ■126 125% 77 : 79 ' '. 250 90 >78 ' 500 1,600 127%, 125 79 t. 5,200 37 *122 79 1,100 44 *43% 13% 124% > 21% 21 % 37% \;"*37'; 13 1,000 13,900 18% 35% 79 • 19% 18% 18% 36% 17% 126 79 - 9% *35 44 *42 % 13 13 13 *122 126 *122 : *37 . ' 79%*'':* *79 47 *36% 17% 35% 52,800 4,040 98 36% 98% 17% 13%-: 126 37 , 9% 96% 9% 9% 97% 35% *43 37 13% 13% 36% 36% 37 21 45 *43 9% 98% 17% :V V 37 9% 95% *35% 21% 45 95 17% *35% 9% 95% 9% 9% 94% 18% 2,000 24% -300 ' *23 *23 24 - *23% 24 . ' 25% 25% 25% 100 23 21 23% 22% 23% 21 20% 21 20% *106% 106% —'-K. *106% v:*106%; *100% 107% 107% 108 14 13% 14% 13% 14 < 103 103% 104 y4 >106% 107% 13% 102 107 104% .104 y2; ' 107% 13% 103 . 16% 167/a 16% 104% 104% 104 y2 104% 19% 19 y8 19% 19% 19% 32% 39 32% 32% 32% 32% •38 33 33% *38 39 *38 39 18% 19 19% 19% 12% 12% 12% 12% 16% 17% 18 18% 36 20% 19% 19% *52 §§ 53% 40% 40 ; 7% 19 19% , 6,500 11,100 • a 38% *38 38% 240 ; 19%33 y2 33% 33% • *38 ? 104% 18% . 770 3,700 16% 16% 104% 105 • 20 19% 19% 10,700 Rheem 12% 12% 12% 12% 12% 17,400 19% 19 19% .. 19 19% 7% 7% 21 21 39 Company 7% 7% 2,400 1,400 21% 4,400 Royal 37% 3,400 Ruberoid Co i8% 18% 5;000 52 52 SI 40 39% 2,300 58% 1,800 y: 190 38% 19% 18% 19% *52 SB 39% : 53% 39% 37% , , 32 37 Feb 18% Feb 33 V2 x24 46 38 13% Jan Jan Jan Jan Jan 7% 5 102 Jan Antelope Copper Mines Typewriter 1 (The) No par Rustless Iron & Steel Corp 1 $2.50 conv preferred— No par — 12 Jan 12% 33% Dec Feb Feb ? 15% 18 Jan .21% Dec 32% Jan 27% Jan 4214 Dec 36% Dec Jan 13 Dec Jan 155 5% 90 r 50% Jan 85% Deo 11% Feb 18 Nov 18 Feb 24 Dec 14% Apr x83% Mar 30 23% 8 16 11 99% Apr IfJun i 108% Jan 18 87 Jan 14% Jan 22 104 % Feb 6 17% Jan 29 8% 16 Apr ; 6% Jan 63 - v Dec 102% : i Aug 21% July 105 Dec 12% July Jan 10 Dec 99% Nov 11 105 Dec " 24% Feb Jan July 34% Dec 21"% Jan 106 Dec 10% July 107% Jan 28%. Jan 28 July 80% Apr 85 % 17 88 Jan Dec , 16% Dec Feb 8 85% Apr 19% Feb 7 8% Jan 15% July 28 Jan 35% July 36 May 39% Nov 34 Jan 12 15 2 39% Jan 17% Jan 22 10% Jan 2 . Roan 21% 53% 39% Ritter '7% 38% 7 6 7 3 9 9: 10 18 12 27 20 % Feb 7 12% Feb 8 16'A 6% 19% 33% 18% 51% -1 No par No par Mfg Co Oil Corp 21% 19% 8% Apr 69% Jan 5 Jan 3 Jan 22 Jan 3 Jan 4 Jan 6 Jan V 2 Jan 5 Jan 2 Jan 2 Jan 2 19% Feb 7 38 % Feb 10 Richfield *52 SB 19% -— Common 19% 38% 53% 39% 33 39 *7% 38% *523? 103 17 • 19% 7,400 20 ?A 21 20% 37% 19% 53% 18% *52 82 • 7% 20% 37% 36 36 7% 20% 7%. 21 13% 13% 104 500 ; 137/a 103% 12% 18% 7% *7% *20% 108 y2 conv 19% 12% 17 *107 : 109% Motors, Inc—_ 6% "A* 19% 19% 12% 104 33% *38 18% Republic Steel Corp., 108 104% 19% 17 Reo 30,700 *106% 16% 104% 16% 16,600 20% 13% 19% 17 23% *106% Jan 99% Jan 1 &icel5% No par v?' 119 % preferred 100 104% 6 % conv prior pfd ser A 100c>.* 102% Revere Copper ftBrass. No par m ; 11% 5 % % preferred i -100 ?87 % Reynolds Metals Co -No par i 15% 5% % conv preferred; 100 98 Reynolds Spring—. 1 14% Reynolds (R J) Tob class B 10 31'% 22% 109 % 12% Feb 80 Feb 9% Feb 98% Feb . 20 103% 16% 103% 118 25 Preferred with warrants ; 20% *106% 2 15 24 2 15 24 ,2 30 31 31 22 .127% Feb 9 Reis (Robt) & Co 1st pfd— -100 s. 75: -.Jant24;-\ 827/s Jan 2 Reliable Stores Corp.——--No par 17 > Jan 9 19 %• Feb 7 Reliance Mfg Co—10 22% Jan 3 25 Jan 13 Remington-Rand ; —,-1 ' :22%Jan 22 25% Jan 26 24% 104% 19% ■ 100 Preferred 20% 13% 103% 16% — 23% 20% — 5,500 - 102 *101 102 ' — 25% 25% 25 % 25'A *101 24 22% 20% ' 25% 102 *100 23 23% 20% 102 *100 102 25% 25% ,'25y4: 25% *100 102 10'A Jan 78% Jan . 8% Jan 91 Jan 34% Jan 16 Vi Jan 34%. Jan 19 '/a Jan 44 Jan 36% Jan ; 11% Jan Radio Corp 124,000 12% 16% Aug Quaker State Oil Ref R 12% *79% 12% Dec 108% conv V Mar . 115% No v preferred 100 preferred—109 Purity Bakeries Corp—No 3,900 27 , 118 ,-NO par 0 % 200 115 . 116 % Jan 11 No par —No par . (The) Pure mi >ioo< *113 *1-12% ; Pullman Inc.. 29,500 ' • pfd $5 " 49 18% 49 - Highest t per shore 113% Nov • *116% > $ per share Jan 2 Jan 22 Jan 6 Jan 26 Jan 22 Jan 2 13 100 Jan *8% 19% Feb 13 7% Jan 10 5% 8 17% Jan Feb 7 25 Jan 20 Jan 11 53 Jan 9 17% Apr 21% Feb OCt 11% July Dec Jan 39 Dec 9 Jun 24% July 34% July 14% Jan 23 Feb 45 51% Apr Jan s / ' 40% 40 39 39% 39 . ftt' Joseph " 58% 113 113 *58% 58% 58% 58% 58% 113% 58% 58% 58% 112% 112% 112% 112% 112% 112% 10 10% 10 10% 9% lO'/a 42% 43% 43% *108% 44% 43% 43% 9% 10 y» 9% 43% ' 109% *108% 109% 43% 115 *112% 46% 9% 9% 44% 10 44% * 20,700 27,100 *108% 109 V* *108% 109 V* 109% 109 % 100 43% 109 y4 *108% 44 58% 59 112% 43% 43% 43% 43% 43% 400 44 *43 43% *43 *112% 113 112 112% *111 113 *111 113 *111 113 *111 113 111 *108 111 *108 111 *108 111 *108'/a 111 *108 111 24% 26 , *43 *108 24% 24% 23% 24% 44 - 24% 24% 24% 24% 8% 8% *7% 8Va 8% 8% 104% 104% 104% 104% 105'A 104% 104% 8 ' 104% 21% 21% 21% x21'/8 21% *21% 21% 20% 9% 9% 9% 9% 9% 10 10 17% 17% 17% 17% 17% 18 81 81 80% 81 80% 82 13% 14% 13% 13% 78% *76% 78% 13% 13% *17% . 82 .... 17% 17% 82 13% 13% 13% 78% *76% 14% 14% , 1 Shamrock Oil & Gas 1 17% 82 82 14% 13% *76 yi A. 14%; 62 62 63% 63 63% 62% 62% 62% 62% 62% 26% 27 26% 27 27 27% 27% 27% 27% 27% 27% 27% 3,500 7% 37 7% 36% 37% 31% 31 31% 7% 7% 7% 36% 36% 36% 31 31 *31 7% 7% 36 *31% v 800 16% 49,100 Sinclair Oil Corp— 52 18,600 ; 700 Sloss-Sheffield 16 16 16% 15% 16 !A 15% 16% 49% 48% 52 52% 53% .50% 16% 16% *16% 17 16% 16% 16% 16% 23% *22% 23% *22% 23% *22% 23% *22% 23% *22% 51 *50% 51% 50% 50 % 49% 50 *49% 50 49% 49% *31% 32 32 32% 32 32% 31% 32% *31% 32% 31% 32 15% 15% 16 15% 16 15% 16 16 15% 16% 5% 5% 5% 5% 5% 5% 22 21% 21% 21% 21% 21% 22 21% 22 43% 43JA 43% 43% 43% 43% 44 44 44 5% 5% 43% 162% *160 5% 162% 28% 161 28 *161 162'A 28% *161 28% 27% 162% 28% 162 162 162% 28% 162% 28% 28% 28% 18% 18% 18 % 18% 18% 18% 18% 18% 18% 40% 41% 40% 41% 40% 41% 39% 40% 37 36% 37% 37% 37% 37 JA 37% 68% 69% 70 69% 70% 70% 71 80% *80% 81% 13% 13% 13% 30% 36% 68% 69 68% *81% 81% 81% 81% 81% 81% 80% 12% 12% 12% 13% 13% 13% 13% 7% 7% 7% 7% 7% 7% 8% 8 9% 9% *9% 9% 9% 9% 10 7% 10 10 28 48% *59 28% ,28% *48 60 15 15% 15 15% • 48% *59 60 15% *77 , 34% 34% 28% ... 48% *59% 86 34% 34% 34% 34% 34 *77 *75 90 *75 86 34% 28% 48% 48% *59 60 15% 15% 34% 29% 48% 29% " *77 60 70% 13% 34% 28% 34% 34% 28% 3,000 9,700 29% 49% 49% 50 50% 59 59% 59% 40 15% 15% 14% 15% 18,400 15% : ■600 78 Vs *60, 413 *61% *111 "ill 413% *112 *hh *iii 115 *113% 114 79% 39 i 39 y4 111 61%- 61 *112 113% 114 y, v *110 39% 113 39% ; 79% 39% *112 61 ; 61 *61 115 *112 *110 32 31% 114 *113% 113%: 31% 114 *111 31% *113% 40 39% 61% 115 ' 31% 31% *113% 114 300 - • 113 *111 31% 20 60 60 *112 113 2,400 ; 113% *112 115 740 79% 78% 79% 40 »A 113% 11,500 114 ___ ■ 3% 3% 3% 3% 73% 74% *73% 74% 73 74 3% 73% 3% 3% 3 79% 114 *112 61'A 113 *113% 114 *113% 79% *111% 111 31% 31% 31 31% 31 , *60 *111 79 39 38% 38% 113 78% 78% 78% s 75% 3% 3% 3% • 3% 4,100 : - 2,600 7,400 75% 76 75% 75% 85% 86 85% 85% 85% 86% 88 88% 89% 88 89 39% 40% 40% 40% 40 40 y4 40 40% 40% 41% 40% 41% ' 32,900 37 37% 36% 37% 36% 37 36% 36% 36% 37 36% 36% ' 11,800 58% 58% 58% 58% 58% 58% 58% 58% 58% 59% 52% 52%, 52% 53 53 53 53 53 % 53 53% *123 123% 123 122% 122% 122% 122% , *123 124% 11% 11% 11 11% 11% 11% *36 37 36% 36% 36% 37 V* 65 65 10% 18 18% 12% 65% 65% 66 % 17% 18% 18 18%# 12% 13% 13% 13% *65 :'V 12% *36 11% 37% 59% 19,100 52% *122 123 52% t . 13% 19 19 % 18% 19 13%. 19% 18% 19 19 19 12% 12 12 y» 11% 12 12% 11% 12% 22% 23% 23% 24 23% 23% 23% 22% 23 V* 4y4% 59% 59% 59% 59% *59V'a 59% 127 *126 126 *124% 126 125% 125% 126 125% 6% 6% 6% 7 6% 12 11% 11% 11% 126 7 11% 12 6% 6% 11% 24% 26% *18% 34 For footnotes 26% 26% 26% 27 90 90 91% 99 100 27% 26% 27 26% 26% 34% *34% 34% 33% 34% 26% *33% *18% . 27% 90 34% 19% 34 11% 11% 27% . 34% *34 11% • 90 90 26% 7 26% 27 87% 12 6% 19% *18% 19% *18% 19% ♦18% 34% 34% 34% 34% 34% 34% 34% 25% 19% 33% see page 683. 26% 27 105 107% *33% *18% r 341/0 34% 8 - Sep 28 y2 Apr 7% Dec Oct 24% Apr 35% Sep 23 Apr 31% Dec 3 8 May • 10% Feb 16 Dec 35 8 Sep 42% Jan Apr 18% Jan Jan 23% Jun preferred— - , Superior Steel Corp, Sutherland Paper Co Sweets Co of Amer (The)- 4,600 Swift & Co Oil of Calif — Jan 21% Dec 45% Jan Dec 162 Dec 28% Feb 8 22% Apr 20 18% Feb 44% Jan 2 13ys Jan 17% Aug 11 23% Jan 43% 38 V2 Jan 73'/2 Jan 82 2 o 20 Jan 34% 40% Jan 69 Dec 9 54 Jan 82% Dec 9 12 Nov 13% Dec 9 11 2 8% Feb IOV4 Feb 80 Feb 35y8 Jan 9 49 Jan 2 23 23 r 2 2 24 2 118% Jan 24 ■ 29% 50y4 61J/2 15y2 79% Jan Feb Jan Feb Jan 40'A Feb 114% Jan 124 11 9 18 6 10y4 Jan 2 —No par ^.25 x23%Jan Dec 13% Dec 50% Feb 33 y4 8 Jun 79% Nov 38%' Dec Jan 115; :: Dec 110 -57 Sep Apr May 111% 108 27% Dec 110 , Jan 2% Nov 64%:. Feb 115'; July 113 - Dec 33% July 116 Sep 4% July 33% Feb 74% Dec 403/a Dec Jan 58 y8 July 40% Jan 49 Dec Jan 30 110% Sep 118 Dec Jan Feb 6% Jan 28% Jan 61 ' Dec 11% 9 Jan 9y4 Feb ; ! 15% Feb 7% Apr 39% July 11% July 37% Dec 67% May 17% July 13% July 19 Dec 12% Dec 13% Apr 20% July Feb 54 Jun 64 Oct Jan 121 Jan 128 Oct Feb ' 7%i Jan 12 Sep 62 8 Jan 19V2 12 y4 24 59% 100 Jan 34% 13% Feb 127 48 ' 56% Jan 85% 18Va 10% 18 V2 57% 2 Jun 29% Nov *36% Jan 6 18 18% Feb 6Ve Jan Dec Feb 66% Feb 122%, Jan 11 35 34% Sep 31 Sep 50% Sep 2 1 Dec May 22% May Feb 2 Feb 8 Feb 8 Feb 9 Feb 3 Jan 15 16 Jan 22 10% Jan 2 ' 9 75 28 11% Feb 6 38Va Jan 10 Jan 2 Jan 24 Jan 2 Jan 4 7% Aug Feb 2 29 61 y4 Feb 6 113y2 Jan 5 113 Jan 6 32 Feb 6 114 Jan 25 3% 76 89% 41% 37y8 59% 53% Dec Jan 55 62% Jan 1 5% 2 9J/2 Jan 22 35% Jan 20 ■ 4%, Jan 7 2 2 2 Oct Dec Jan 6% Jan 2 31 24 12 2 6 9 10 6 20 27 1 26% 13% Feb 5 7% Jan , No par cum)——100 Superior Dec 28% 141 Dec 14% July 5% July Jan 20 ya 5 2 ,31% Jan 3% Dec 31 11% Jan 24 — Mining Co_ Superheater Co (The) 12 9 Jan 54% 80y2 Jan 20 —- ; 29% Feb 23 : Apr 32% Jan 22 64% Jan 22 " No par - 5 Vs Jan 17 I 2,600 .400 19% *84% - Dec 76 % 20% 26y2Jan —1 3,100 26% Oct 61% Sep 38 y2 Jan No par Sunshine 26,300 107 26% 26% 34% prior 10,800 11% 26% 15% Jan 11% 9 10 Class A pfd (4%% Sunray Oil Corp— 100 7 Jan Jan 22% Jan 46 Jan 162 JA Feb 1 Corp 26,000 • 6% Dec 9% 48% 2iy8Jan 3 42 Va Jan 22 160 y2 Jan 12 100 Studebaker Corp (The) Bun Oil Co * 127 *126 78% July 14% Mar 63% 1 100 preferred Stewart-Warner 5% 200 W 59% 18% July Jan 72 5% Feb 25 Sterling Drug Inc— * 39,900 *59 May Jan 11 Jan 18 5 14% Jan 77 Jan 23 14% Jan 9 67% Jan 3 18 85 3 25 Standard Steel Spring Starrett Co (The) L S 1,600 12,200 23 % 11% 23% 13 9 8 4% Jan 7.50 Standard Oil of Ohio Stone St Webster 13% 19% 59% 15 —1 Stokley-Van Camp Inc 12 Dec 24% July 27% Feb . 1,600 19% 106% Dec 2 - 12,000 12% Feb 8 Jan . 500 19% *59 22 3 23 3 23 24 25% May 8y8 Dec 16% Feb 5 3 1 31.500 , 84 2 Jan 22 Ha 54 ? Jan Jan 3 32 % Feb Jan 2 16 Va Feb No par 17% . 3 22 Sparks Wlthington— Spear & Co 66% 18% Jan 18 tr ctfs 17% 66% 17% 13% 2% 21% Feb No par 80 Feb Spencer Kellogg & Sons No par 33 Jan Sperry Corp (The) 1 27y8Jan Splcer Mfg Co No par ; 47V2 Jan $3 conv preferred A No per , 59 Feb Spiegel Inc ; 2 12% Jan Conv $4.50 preferred—,—No par 76y2Jan Square D Co —1 37 y4 Jan 5% conv preferred —-100 1111 Feb x Squibb .(E R) & Sons No par ' 58, Jan $5 pref series ANo par 111 Jan ; $4.25 preferred —No par 111 Feb ^Standard Brands, Inc— No par'' 28 Jan : y. $4.50. preferred .No par 111y2 Jan Standard G & E Co $4 pref—No par 2% Jan $6 prior preferred No par 67y4Jan $7 prior preferred No par 78% Jan l Standard Oil of Calif—No par ' 38'A Jan > Standard Oil of Indiana .—25 33% Jan Standard Oil of New Jersey 25 56 Jan 54,900 12 59% stk 66% 66% is y8 Jan 8 18 Aa. 23y2 Jan -—; -No par preferred-100 & Ohio 11% 66 110 Sep 10% Jan 23% 48% 30 13% Railway non-rcum 36% 13% *59 5% 11% 17% Jan 20% 13 No par *36% 13% 108 8 9 Edison. 11% , Nov 17 11 100 37% , 115 177/e Jan Spalding (A G) & Bros Inc 300 / , Southern Mobile 6,400 123 Feb 16% Jan 53% Feb Lines new—5 11% *36% 65% a 58% : 109 2 $5.5 J preferred— V 86 •77 86 i 34,400 3,000 8 10% 10% Dec 29 2 Southern Natural Gas Co 5,800 7% 8% 10 NOV 2 Southern Pacific Co 200 13% 45 >/8 15% Jan preferred Southern California * 18,200 3,800 29 :'i 59 8% : 37% 81% 37% Mar 41% Jan South Am Gold & Platinum 3,300 26,400 70 a 4 26 15 Southeastern Greyh'd •81 36 par South Porto Rico Sugar——No par * >38% St Socony Vacuum Oil Co Inc 2,700 , 18% 40% 40% 36% par par 1,000 > Dec 9 16% Jan 78 Jan 13 Va Jan 75J/2 Jan 13% Jan 60y2Jan par 5,600 170 443/a 43 18% 40 1.000 22 *21% 40% *18% 800 • 28% 28% 5 'M 109% Jan 9 $1.20 preferred— No par Smith (A O) Corp ——10 Smith & Corona Typewriter-No par 9,200 5% Jan No par —15 Steel ' 15% 105 ' 62,100 5% : 9 Iron——20 Skelly Oil Co 23% 50% 39% 15 % Jan 24 31% 16% Sep 33% Jan *31 48% Dec 30 L 31% 16% 9'A 30J/2Feb 31'/2 17 Dec Jan Simonds Saw ft Steel——No par 31% 48% Dec 7 : ; 8'A Jan 17 37Vb Feb 6 2,300 16 ; 55% 115% 4 2 29,900 17 Feb Jan Jan Jan 26 Feb 8% Jan 106J/2 Jan Dec Jan Jan 6y8Jan 7'A 36% 48 109% 44y2 113 y2 111 38% 43% 32% Jan 7 36 16% 4 4 5 26 3 24 24 27% May 110 »A 5 7% 36 % 16% 40Va Jan 8 59 Feb 2 114% Jan 25 10% Feb 5 9 46% Feb No par Silver King Coalition Mines Simmons Co 7 36 43% *21% - 7% 16% 15% Shell Union OH 36% 48% *22% Sharpe & Dohme No $3.50 conv pref ser A— No (Frank G) -—No Sheaffer (W A) Pen Co—No 23 2 17 25 2 19% Jan No par No par Shattuck 3,200 1,220 63 Steel Corp $5 conv preferred 5,700 78% 14 W 62 C Sharon 430 13% 13% 78% 14% Servel Inc 7,500 2,900 17% 83 *76% 14 .14 7,800 10% 8 X104 17% 82 78% *76% 14% 14 9% 1,300 2,600 20% 7% 8% 14% 13% *76% 10 V' 104% 9% 10% 105 - 20% 21 8% 8 40 6,000 25% 25% 105 21% ; Tie a <1,.....Jan Safeway Stores No par 54'A Jan 5% preferred-, 100 112y2 Jan Savage Arms Corp 5 8% Jan Schenley Distillers Corp. new—3'/a 38'A Jan 5%% preferred—. 100 106 Jan Scott Paper Co No par 42% Jan $4.50 preferred— No par 112 Feb $4 preferred No par 109 Jan Seaboard Oil Co of Del— No par 23 Va Jan Seagrave Corp 5 7y8 Jan Sears Roebuck & Co « No par 100% Jan Feb 5% Feb 7% July 5% Jan 10% July 17% Jan 25% 4 27y8 Feb 79 Jan 3 107% Feb 66% Nov 84% 25 Jan 22 29 Jan 19% Apr 26 Dec 33% Feb 7 35 Jan 29 Sep 34 :Dec .12% 17% Jan 2 ~ 20% Jan 28 31% Jan 2 34% Feb 100 —10, 8% 27 y4 Jan Jan Dec Feb 20% -Sep 33 Dec I STOCK RECORD NEW YORK t s share ver share per ver share 33% 33% 33% 33% 33% 33% 32% 31% 32 31% 32 32 9% 9% 9% 10 8% 8% S •>; 9% 2,100 9 31% 54 54 53 ' 13 52% 53 52% 9 14.800 13 8,600 Tennessee 7 8 Texas Co 13% 13% 13% 52% 52% 53 51% 52 Va 8.800 8 Va 8% 8% 874 43,900 Texas Gulf 8 5,600 Texas Gulf . 8ys (The) % 38% 37% 38 38 38 38 y8 38 Va 37% 37% 38 % 38 38'/« 22 % 22% 23 Va 15,100 Texas 22% 22% 22% 23% 22 % 22% 22% 22% 22% 14 % 14% 11,100 14% 14% 14% 15 14% 14% 14% 14% 14% Texas 14% .5,000. 33 32% 34 32% 35 % 33% Texas 32 " 19% 18 % 19% 4,100 Thatcher 59 56% 7% 32% 33 32 ' 33 *33 20 *19% 19% 20 20 20% 19% 20 *19% 59 58 % 58% 59 58 % 59 58% *58 *9% 10% *9% '10 10 % 10% *10 130 *124% 127 130 96 130 11 96 96 10% 10% 10% 55 55 % 13% 13%. *95% 55% *55% 13 13% 12% 4% 5 5 106% 38% 106 % 106% 37% 37% 37% 54% 54% 55 11% 11% i 11 27 % 27%. n'Avi-27'A 20% 20% • 106% 20% 20% 103% 103% . . 28% *105% *10% 10% ; 18 % I 38% •' 54% 54 54% 28 . ill% 28 . 6Va 28% 28% 34% 35'/a * 10% 10 120 "118 118 'f 11V4 15.6C0 27% 27% 3,100 20% 20 Va •1,400 6% 6% 106% 106% 290 8% Feb 8 4% 38% Jan 11 32% Apr 37 % July 29% 20% Jan 22 14'A 13% Jan 22 16 Jan 3 8% Feb 16% 30% Jan 30 28 Jan 11 17% Jan 35 12% Jan 24 % July Feb 58 Julv. 8 24 % Jan 18% *9% Dec 94 Dec 12% 2,300 5,400 Tubi^e 103% 103% 28 Va 12,300 6,200 10% 13% Mar 117% 117% 150 7% 5,400 Twin lS'/a 17% 17Va *63% 64 Va 64 64 64 64 500 14% 15 Va 14% 15 Va 14% 15 9,900 80% 81 8,300 18% 17% *63% 64% 63 % 63% 15% Aug Dec 17 July 109 Dec 38 Dec 52% Aug 11% Dec 29 • Dec ._ 18% July Dec 5% —-No pat 20% 1 102% Dec Dec 28% ■"ferred————Nr r>ar' pta————No Par City Rapid Transit-—Wo par preferred 100 Coach Co ;_1 Dec Jan prior Twin 17% 18 Oct 5% 34 35 % Dec pi $4.50 18 18% 49% , Jan Corp Ravon •$1.50 ' 900 10 10% • 119'/a ' Dec 12 % Jan 10 preferred 1 —, 100 20th Cen f ox Film Corp..--Wo put 500 27% 10 July 54 4% 7n 28% *117% 10% $6 103% 34% Dec 10% Dec 20% 106 Va Nov 122 Nov 12% 34% Dec 11% 20 *105% Nov 105 % 12% 35 Va Deo Feb -No pat 20% 106 Va Dec 6% Feb 6Va Jan Associated Oil—.. preferred N preferred— Truax-Traer Corp 34% J a.1 Transcout'l & West Air Inc— 5 Tra'iisue & Williams StT— -No par Tri-Continental Corp 1 33,100 *106 Va 28 118 17% 17% 11. *105% 118 . 27 50 % Sep 2 Tim ken 35 Va 10% 10% 10 % 44% —25 Transamerlca Corp..— 2,300 Oct 12% July No par 9,700 54%' 106 Va : *105% 106% *105% 53'A Jan Dec 10% Mar — Roller Bearing 38% , 6% 103% 28% 35 106% 7 8% Detroit Axle—:—, Timken 20% 106 Vt . 104 28% 35 . conv 12% 20 % *103 V2 104 104 7 48% Jan 100 ——— 19% •12% 20% , 106% 12% 20 % $4.50 Va 6 6% 106% 12% : 12% 20 730 20% 20'% 20% 54 Va 1J R) Water. Tide 13,100 37Va :• 2,400 . 18% 106% 11% 27% 6% 106% 106% 9% Feb 13% Feb Jun 51 Jan Products —No mar Thompson-Starrett Cc—_—No $3.50 cum preferred Nt 27% 11% "<28 20% • %. 11 % 28% *105% 106% 106 % 35 34% 18 % V 106 % 38 6 105 : 118 36 18% '54% 20% % 107 34% 106 % 34% •18% ■ 28 34% 17% 27% , 34% 18% f*38% •' Jan Thompson 13.500 : -38% 11% ' 34% • , 55 21 *103'/a 117 5,100 5% 5% 38% 11 6 28 117 48% 5% 48% 5% 106% 55 12% ; 12% 20% 20 Va • 48 % 48% 5% 106% 38 % 28 ; 106% 12% 49 106% 106 11% 6 i 106% *12% 18% 55 ; . ;:,,%21'-v: ' f 6 5% • Thompson 13 33% 33% xl8% 106 ' 400 5 4% *33 18% •Third 7.800 14% Jan 42 36% Jan No par Wo par 10 1 -10 Avenue Transit Corp.JVo par preferred $3 div conv 13% 4% 33 170 12% 48% 18 % 14,100 55 Va *13% 14 32% 10% 55 Va 14% 49 18% 10% 13 % 14 32% 10% 55% 7 31 - Co Thermoid *13% 47% 18% 6% 14 14% 32% 20 13% 47% 4% 46% 99 *97 Va 99 9 54% Jan —————100 ——-100 1 .preferred preferred 7% *55 Va 55 Va 14: *14 .46%' 30 9 % Feb 6 7 Va Jan Mfg Co— 12% / .12% 420 ,600 127 *125 16 Dec 8% 2 4% Jan 8 5% May 5 Feb Jun 33% 26% 11% Jan —AT0 par $3,60 conv preferred-——No par The Fair——'—— No par 10% 10% 55 Va 55% ; 130 *97 Va 99 10% 11 10% £ *97 98 *96 % *55 14 14 46% • 10 58% 9% if! 9% 10 130 130 *127% 130 *58 Va . , Producing Sulphur— Pacific Coal & Oil Pacific Land Trust & Pacific Ry Co 7% 9 17 7% Jan 5 25 Corp 13 Jan 32% Jan 50% Jan Corp..—...........Si- .Telautograph 52 52% 7% preferred: partic 5% % 120 35 5 7% Jan 2-9 ——..50 (James) Talcott Inc 53 8% 9 8% 9% 9% *52 2 33% Apr 32 % Jan 10 ' Jan 27% 30% Jan — .Syivania Elec Prod's Inc No par '.Symington Gould Corp——1 13 12% 53 7% 9% 8% 9% 13 12% 12% 12% 52% ' 9% 31% 9% 8% 54 9% 8% 8% 8 8% 8% 9'A 4,700 4,500 .33,200 9% 8% 64 ?K 54 54 31% 9% 8% 8% 8% *53 54 *53 10 32 33% 31% ! Ltd 8wlft International 32% Highest I per share '$ per share share $ ver .1944 Lowest Highest .$ per share Par Year January I Lowest Shares 33% 33% 33% ' 33% the Week I per share f per share share 9 per Range Since NEW YORK STOCK EXCHANGE Sales for Feb. 9 Feb. 8 Feb. 7 , Feb. <> Feb. 5 Feb. 3 Friday Thursday Wednesday Tuesday Monday Saturday SALE PRICES Previous Range for STOCKS AND HIGH IOW 1945 Monday, February CHRONICLE COMMERCIAL & FINANCIAL THE Jan 105 % Dec 8 5% Jan 978 Dec 16 38 'A Jan Feb 6 8% Jan 16% Dec 64% Jan 31 51% Jan 66 Jun 9% Dec 118 U 64% *63 14% 15% 14% 15 14% 81 *114% 119 *114% 116 114% *114 116 '114% 116 80% 114% 81Va 80% 81% 80% 80% 118 80% *114% *113 *114% 115 Va 22% 21% 21% 21% 21% 114% 114% 115 116% 117 113% 114 114 % 116 113% 104 103% 103% 103% 104 104, 103% 104 103% 103% '•■% 21V4 21% 109% 23% *23% i% 1% 1% 1% ; 40% 41% 17% 411 106 105 107 74 12% 72% 35 93 92% 93 35% *35 15% 21,800 15%, 15% 15% 16 15%. 16 50% 50% 50 % 50 50 50 50 108 % 108% *108 108% 108% 108% 7% 7Va 7% 13% 13% 7V* 13% 13% 12% 13% 106 % 106 % 105 18% i8 18 18% ; 82 *182 *182 16% 39% 52 40% 40% 8% 8 31% 40% 112 8% 8%. 10% 10% 10 % 10% 10% 39% 39% 40% *51% *49% 55% *151% 53 % .A *741/4 61% 140% 25% - 3 58 58% 75 76 76 76 76 62% 61% 62% 61% 62 141 4% 4 %. s 16% " *:•" 7% 7% *44. *43% 40% .-■78% - 80 *183 /'■ *45 6'A 25% 1.7CO *49 50% 20 4 % 3.900 4% •5,300 102% 400 .■ . 79 V ,; 4% *99 v?j non-cum otoi tc.yaiun uui. $6 conv 46 46 2% 51V? 144Va 52 i Universal No par No par Preferred preferred—,——100 B% 10 *184 Leaf Tob_ 180 104 Dec Jun 30 Nov 25% Jun 33 % Nov 13 100% Feb ' 110% Sep 22% Apr 36'A Dec 102% Jan 123% Dec 110 May 22 Jan Jan lVs 2 18 Feb Jan 11 3 Jan 26 13 % Jan Dec 17% 106% Dec Feb 11% Aug Apr 78 Vb Aug 18 Doc 45 Va 36 A" Jan Jan 11% 26 % May 36 Va 75'A 91% Dec 8 4 Jan 17 94 Dec Apr 6 13% Feb 77 1% July 42 Va 95% Jan 8 108 Oct 28 Apr 11% 31 70% July Jan 31% 1% Feb 41% Jan Jun 114 Mar .6J. Dec 24% 20'A May Jan , 27% Jan Dec Fab 6 11% Oct 15% Jun 51%' Jan 2 28% Jan 52% Dec 98% V i Jan 14% Feb 8 106 "4 Jan 26 19% Jan 12 Dec 7% Sep Feb 97% •■: 107% Dec 21% , . Feb 88 Jan Mar: Jun Dec 186 Jan 170 If3% Feo 12% July Jan 14% 70 Feb 83 109% Feb 7% 29 i Jan 4 16 7% Jan 110 Jan 15% Oct 52 % Feb 42 Jan 51 % Nov 41 % F"b 34% Apr 43 Va July 8% 17% Feb Jan 5 8% Jan 33 16Va Feb *110 Id 9 %; Feb 5 114 A Jan , Dec Sep Sep 113 Feb 9% Apr 8% Dec 9 33 Va Jan 5% 10% Feb Jan 10% 'Dec 30% Apr 37% Jun 53 Feb 40% Jan 48 Nov 54 Feb 35% Apr 48 Dec 4 Jan 41% Feb 130 Jan Jan Feb 48% Jan 2 Jan 20 Jan 10 Jan 24 Jan 16 64% Jan 143% Jan 50 % 11 18 61% July Dec Dec 78 May 63% July Apr xll9% Dec 150 ' 69, Dec 54% Julv Feb Feb 77 2 40 155 59 Jan 12 4% Feb 1 57V« Feb . 4% Jan 23; Universal Feb 26 24% Jan 98 Va Jan ' 5 16 Jan 2 5% Jan 2 3.9 Jan 5 75'A Jan 24 660 92% 4 114 5 1,100 Dec 11 «•' 68% Feb preferred——_No par 1 Laboratories Inc 1 1.5C0 Dec 20% 118 121 % Jan 6 58% Jan 24 , Jan 34% Jan Jan 2 Jan 2 Jan 23 Jan 30 Jan, 6 Jan Sep 11 Oct 115 Feb 17% 93'% 10^ % Jan Jan 18 72 135 % 25 , 48% 4 Universal-Cyclops Steel Corp 77 Va 77% ,.. Urhpd Stores class A——. 46 % *45 187 Va 7% United —No par preferred. 25 Co— S Tobacco 7% 7% 7% Preiei red U 35 m3A 8 9 32% Jan 7% Jan 23 9% Jan ' 2 .50 —No par 100 O S Steel Corp 17'A 16% 46% 80 4% , 17% ' "183 ; 2,600 4% 7% 7% 4 37/^0 *25% .—No par S Rubber Co —.... 10 8 % non-cum 1st preferred 100 S Smelting Ref Si MIn :50 Profprrprt 600 6l> 7A 139% 102%. V: 17 80 80 185 185 186 *182 186 *182 46% 78 76% 76% 76% ■ 7% 7% *7% 7% 7% *44 46% *45 17 77% 59% 139% 4% • 4% *1C0 U 3,900 58 Va *76 U 100 159 '.57% U 8 Pipe ' 50% 4% 4% 102% 17 Va -17 17 4% 102 Plywood Corp 12,200 .20 10 1 1U S Realty & Impt 25% - *49 4% 4% 102% 4% 4% 102 P S 6,500 55% *155 61 Va 25% 50% *49 4% 4% 4% 16% 17 ii 25% " 102 *101% 102% 50% 4% 4 % 4% 50 3 140 139% 2,700 . 29 Jun Nov 11.9 30 % Jan Jan 22, 8 Jan 104% Jan "?0'% Jan 4 111% Jan 22 1 —-.10 & Foundry— Playing Card Co ,2% 2% 140 — U S 55 77 v* 77 25% 25% 50% *49 25% 52 58% X6U% 139% 140 25% 25% 25% 138% 140 140 ■ 51% Lines Co S Preferred 4,000 100 160 57% 76 61% 53 U A———No par 23 Feb 119% Jnn 33% Jan 10 No par Chemicals CoT——.——No pur * preferred——100 Prior 4,800 53 3 *155 58 Va 58 58 57% 57 155 10% 41% Leather S Partic & conv cl 63,200 41 56% 56 56% 155 155 9 52 2% 3 U S Industrial U 6,400 82% 113 Dec 15% Sep 22% Feb 77 Jan 22 180% Jan 17 13% Jan 2 50 Jan 17 --^50 preferred conv 5,500 53 51% 52% A n *52 53 2% 57 56% *152 9 5% 45- 20 *10% 61% 4% v 10% 41% 76 :,\-4%i. lUPV% 9% 10% 40% Freight Co__ 3,000 113 *112 112 112 9% 58% 51% *49 2% 155 *15* 32% lOVa ,51 54 57% 55% '55% 155 53% 3 2% 3 3 8% 32% 40% *50% 51 50 40 Va 8% 8% 9% 10V *51V 55'/'' *52% 55 50 *39 V2 10% 40 39% 30 40% 9%l 9% 9% 4,300 33 r J X32% 113 *112 17 53 • 33 U 8% 8% 32% 32% 1,600 S Feb 76 116 11% Jan 24 105 Feb 5 17Va Jan 23 f?ecur_—_No par No par No par S Gypsum Co 20. 7%. preferred. 100 S Hoffman Mach Corp— 6 1st preferred— $6 186 16% 10 — U 9 Mr For#>ien U 40% 40% 8% ■ 112 113 8% ■ 32% 40% 8% 8% 32% *112 53 *51% 53 41 8% 32 5 31% 113 *112 *51% 41%: ' :_1 -.100 preferred United Paperboard U *51% 17'/a *51% United Merch & Mfrs Inc 140 82 Co_———-No p«r •> 3,400 53 16% 17% 17% 17% 16% 52% 53 8V4 *51% //.• 16% ' *182% 186 *182% 186 5 5 Gas Improvement United 11,100 : 18 82 82% 82 82% 82 *182% 186 14% 107 Va 17% 18% United Fruit 2,000 13% *106 108 18 7 J/a 100 Electric Coal Cos Engineering & Fdy 8 11 117% Jan lb% J«n 22 105 Feb 6 9% Jan 5 66 Jan 5 11% Jan 2 33% Jan 31 SO Jan 2 :• % .» i 7 ) 47 Jan 22 107 Jan 2 6% Jan 2 1 Preferred 310 . 38»a Jan n» 5 Corp 15'A Jan 81% Jan Jan 24 66 Jan 2 26% Feb 1 1% Jan 2 —No par Dye wood United 2,500 7 14% 1374 18 Va 1C8 % 7% 106 107 18' 83 ; *I04 % 186 16% 16% 83 82% 82 186 V 14 13% #105 ' *81 : 7 7% 7% 50% 108% 50 50% 108% 108% 108 % 108 *105%, 107 18 * 18% 105 ' 2,500 92 15% 50% % United 91% 15% ' United 1,200 16 15% 7% 8,100 91'/a 50 % 7% 310 13% 34% 13 *34% 90% 15% ' 71 % ... 93 91 93 93 71% 13% 35 35% 3,000 35 13Va *34% 12% Wr Co———— Drug $4.75 preferred 12% 111 —No par Corp___.„Wo par No par :y United *105% 72% 13% 12% 72! 13 Va 11.400 17 23Vb Feb No par TOO Corporation—- United 600 ' Fast United-Can 107 Va , Co Carbon United 8,200 40% 17 V4 107% 13 V4 12-% 73% 13 61,200 40% C -73% 12% 72 Va 35 % 18 13 ' 13 100 1% 1% V 41% 17% 12% 13 35 V4 <"^% *105% 73% 91%-: ■ 1% r, 17% 12% 34% ' 68 % ■27% % 107 Va 12% 12% 1,200 68 27 • 1,500 *26 68% • *105% : 13 13% 73 % 27 1% a 1 17% 73% 13 % 68% '•■ preferred- 4%% preferred .—_— .•United Biscuit Co—.' 0% conv preferred— 300 . 113 *111 113 68 Va . \ 17% 17% 17% *106 107 *106 41 % , 17% :• 23% ,27 :; 1% 1% 1% • 40% 17% 68 *26 27 119% 23 Va *111 113 *111 - 68% 68% *26 27 : ,*26 27 : 68 68 67% 67% *26 113 *111 113 *111 113 *111 32 *118 Va 23% 23% conv United Air Lines Inc 11,200 33% 33% 118% 23 Va 33 120 23% 5% 800 . 5 100 -10 100 United Aircraft Corp 13,500 109 XI18% 33% 33 23% 23% 23% 108% Nc par Union Tank Car 4,000 30% 30 30% 109% *119 120 *119 120 *23% 30% 103% 33% 33% 34 Va 33 120 120 30% 109 % 100 preferred——-100 non-cum 4% 900 • 30 RR Co Union Pacific 2,700 104 29% : 30 108% 11,600 117% 117 Jan 3 Jan 24 Jan 24 Jan 23 113 Jan 8 20% Jan 22 109% Jan 24 100% Jan 24 29Vs Jan 19 29% Jan 22 107V2 Jan 2 31% Jan 22 118 Jan 22 58% 14V4 78% 117% .—No par No par No par Union El Co of Mo $5 pfd___Wo par Preferred $4.50 series —No par Union Oil of California*— 25 V 220 22 *103% 30 30 109 % 30% 30 108% 30 30 30 30 30% 1081/4 33 % 33 *119 . 29% 108% 30 29% 29% 29% 30 '*29% *108 Union Bag & Paper Union Carbide & Carb 116 114% 22 22 21% 21% 115% *114% 114% 114% 114% 81% 81 116 *114% : Fisher Co Under Elliott 136% Jan May Dec 27% Aug Jan 9 22 50% Feb 6 44% Apr 48% Dec 4% Jan 10 2% Jan 4% Nov 2% Apr 26 5% Jan 4 103% Jan 19 76 12 14% Jan 8 Jan 25 3% Jan 47 Jan 24 83 Jan 3 68 Apr 6 162 5,% Oct 106% Jan 17% Jan Mar 185 Feb 31 Dec 18 %• Jjjly 6 .julv 41% Dec Jan* 81% Dec Nov 176 V 13% 35 *116 118 15% *25 :• 93 *86 25% V 51 *49 90 *91 15 Va AlSVa . 89 ::■; 51 *87% vV: 38 127 4% a: 91 51 *91 4% 4% 6 6'A 66% 121% 121 Va 60 *45% 46% ;■/• 38 123 *121% 37% 37% *12PA *145 *145 127 *57% 46% 37% *121 *145 ■ 25% 25% 66% *57% 87% 88% 91 *25% 121 Va ' *49% Av 66V4 *37 % ' ■ "145 25% 15% 15% .#120% 38 *121'A 93 #116' 118 66 *57". ; i. 60% : 46% A *45% Norman 1,700 Van Raalte Co Inc—— 14% 122 46% Van 35% 65% 60 *45% 7,200 14% *120% 65% 122 *56% ' 4% 4% 4 Va 4% 4% 65% *120% >"*91 14'A 35% 15V4 50 50 25% 25% 14'A 36 ' ^ 93 2 5'A 6,800 14% *116 15 Va 89 90 AV - fc91 23 35 •' 4% 66 *121% 118 35 *116 ' 118' *116 118 15% 15 Va 51% ' v *49% 88 V 95 26 4% 66% 123 88 % *91 52 4% 4% 65 '1,700 • A." *57% 10 123 62 47% 47% 37% 37% 37% % 6,COO 65 *121% 49 V3 127 7f 0 • 26% 62 37% 10 95 *47 V4 *121% 130 88% 26 Va *57% .— 300 " 46% 37% 2,800 15% *121 ■• ._ ; ' 21% Jan Vulcan 127 Detlnning Co Preferred .2 2^% Feb. 5 13 % Jan 20 14% Feb 7 7 Jan 22 36 Feb 116% Jan 26 117 Feb 2 .?2 23 Vb J"ly 17% Jan 9'A . Jan 14% Nov Oct 52 28 1151? Sen 119% Dec 12'A May Jun Dec 16 Jan 23 17 Jan 8 49 % Jan 23 51 Jan 31 4V % Jan 51 Oct 8 Jan 21 63% Jan 85 87% Feb 91 Dec 90 % Jan 20 91 70 Feb 85% July 21 VB Jan 25 Va 3% Sep 5'A Mar Sep 62% July 15 Jan 27 24% Jan *'• 8 26% Feb 9 2 4% J°n 12 26 4 Jan 50 9 67'A Jan 118% Jan 8 121% Feb 7 113% Jun Jan 22 J°n 9 :;i< 38% Feb 59V8Jan 57 61 45% Jan 25 47% Feb 9 36% Jan 25 25 Ry Co preferred 6% *145 *145 No par 2.50 10 '•:' preferred Virginian 200 / 1,600 ' Co.— —100 Vertientes-Camaguey Sugar Co_6'/a Vick Chemical Co 5 Vicks Shreve & Pac Ry : 100 5% non-cum preferred 100 Victor Chemical Works —. 5 Va-Carolina Chemical No par 6% div partic preferred—, 100 Va El & Paw $5 pref 100 Va Iron Coal & Coke 5% pfd 100 1st 7 % .••:')•' ■ 60 127 Corp of Am 22% Vanadium 23% 36 35% 118 23% 2 3'A 14% 14% 35% 15 % 50 *85% 14'A 35% *116 15% 50 14 % 35 >/• 23% 23 Va 23V4 13% 13% 35 23% 23% 23% 22% • 16 38 Jan 9 Jan 9 121 100 100 Jan 22 123 : — 37 33 r 120 63 : Jan 45 Aug Aug ' Nov Dec 38% Nov. Apr 102 Jan 125 Oct 149 Feb 155 July W 68 % 1.5 68% 15 68% 15 32% 32% 107% *106% footnotes see 32% 107%. page '69 14% / 15 32% *106% For 68% 683. 70 69 69 69 69- 70' 70 15 15 15 15% 15% 15% 15% 32% 32% 32% 31% 31% 31% *106% 107% 106% 106% 107% 32% '107 % 32% *107 xk 108 Wabash RR 4%% Waldorf Svstem. 1.300 — - . 1.500 " 1,300 20 : preferred Walgreet* Co i 4% preferred 100 No par No par 100 70% Jan 16 13% Jan 10 15% Feb 8 30% Jan 24 32% Jan 4 Jan 9 66 : 106 Jan Va Jan 2 2 108 40 Jan 10% Jan 26% Apr xl05 Nov ; 68' Dec 14'A Dec 31% Dec 108% Nov 683 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK STOCK 1 LOW 7 Monday Saturday 4* * per f share 64% 64% 65 193/4 193/4 10% 10% i- 2 Feb Feb. <> Frldav Feb. 8 Feb. 9 /v 64% 20 66 66 Va 66 , 11 '10% 11 2 1% 2 64 Va 20 64% 64% 64 64 Va 14% 14% 14% 14 Va 14% 34 V* 64 323/4 33% 33% 33% **33% 34 26 253/4 25% 25% 25% 25% 14% '64% /../ 64 Va 14 64 . 100 Walworth Co preferred 9,100 2.10Q 14'%. 42,400' 800 v •34t :■ 50 '25% 57% Jan 15 5 14% Jan 5 2 -—-.--3 21% Jan 24 Wayne Pump Co —, ——1 Webster Eisenlohr_..s——.No par 30% Jan V 8,700* '« Wesson OH & Snowdrift 25% 25% 25V4 600 23 3,900 36 '.'if: 1,500 223/» 23^ 22% 23% 22% 23 22% 23' 22% 36 , 22% 36 36 36% 36 V2- 37 37 37 36 lOVa 10 3/a 10'% 10% 10 10 Va 36% 9% 36% 10% 7 " 10% 26 Va 26% '84 34 26% 26% 26 34 26% 85 84% 84% *84% 85 Va 26% •26% 85 26 26% 26 % 26% 27 * * '84% 26 26%- 26 Va ' 102' 102 '101% 102 " 102 302 102 26% 102 85% 116% 110% 110 3/4 103 *103% 103'/a 103% 103% 105 116 3/4 '116% 117% *116% 117Va 117% 110% m $4 conv preferred 400 g 110% k 110 ; no- 106 I 240 190 117% 25'/a *108 *107% 110 36% 36% 253/a 253/4 25 110 110 *108 36% 36% 7% 5'/a 34% 5% 67 45% 46 »/a *142 14'/4 14% 14% 143/4. 14 3/f 14 34'/a 34% 353/4 35% 35V4 34% 67 67 3/4 68 '/4 68'/a 68% 69 68a/4 68% 45 V8 46% 45% 453/4 45% 46% 45 Va 5'/4 46'A *263/4 • 27'/4 27% 145 145 v . ' 111 111'/a 108% 108 3/8 145 145 145 145 145 34% 34V4 29 29 V* 293/4 - 70 70 34% 34% 35 Va 35% 35 88% 88% 88% 88% 88% *22 Va 22% 223/4 23 28% 28% 28 Vz' 29 11 11% 11 87 \> 87 86 11% 87 34% 88% 32% *31% 8% 18' 19 18 Va' 18% 32% *31 13% 99 Va 99 153/4 42% > 183/a- : 18%"<. 14V4- 13 99 Va 99% 15% 16 15% 153/4 •129V4 42 Va 25 % *25'/a 43% : • •>' — *129'/4 26 43 43% 40% 41 *84% 40 Va 87 r ' *85 ; :-■} 41% ' 87 40 % V'/' 85% V 85 80 > 78 71% 71% 13% 13 %r ■ *85 86 77% 72 78 71% 72 13% ' 14'% 13% 80 79% 14V4 Dec 6% July 16% July Dec Dec Feb 53% July 26% Jan 6 28% Jan 13 22 Jan 31% July No par . ■ No par > > - -29 50 50 - 12,50 • 32% Jan —No Par - -27% Feb No par No par - Jan % Jan 3 21 3 3 x91 Feb 3534 Jan 31% Apr 1247/a Jan 151 Jan 115% Jan 24 144 Feb 1 partic- preferred— Instrument Elec $4.50 preferred preferred $4.25 22 31 Dec Wheeling ft Lake Erte Ry———100 5%%■ conv preferred i. 100 —i 4,500 ,-No par prefi— No par Mfg (The 8 8)-20 - Prior' 20 Co: -5 111 Dec 72 Feb 107% Jan 105% , 59% 97% Jan 20 Va Feb 32% 66% Jan 92% 18 Feb 22 20 Feb 29% July 5 8 87 3 23 31% Jan 29 v8% Jan 8 20 , Feb 77 7 29 Feb 11% Feb 3 107% Nov 15 35% Feb 5 90% Jan 15 23 Feb 1 . Jan 101% May Feb July 104% Aug Dec Dec July 9% July 5 Jan x64 % Jan 87% Oct "24 Jan 31% Dec 4% Jan 9% 6 Feb 8 Apr 20% July 15 Jan 11% July 8 80% Jan 99% Nov 13% Jan 16V8 Feb 8 103% Jan 130 Feb 263/4 Feb 43% Feb 2 180 300. Wrisrjpr 1 5,800 Worthinetort P & M s 200 17'% Jan -10% Jan 100 pfd 128 Jan 30 6 * 40% Jan 24 No par (Del)- 22 % Jan ——10 - 38 Jan 15 42 Jan 3 Jan 5 Jan 24 87 86 - 79 80 75 Feb Feb 84% Jan 70 Jan 72 No /Del) Jr 2 8 - Prior 'Wml 10 —10 . par Wyandotte Worsted Co——5 1 6,500 . 19% Jan 14'% Feb 5 14% July 99% Feb I 14% 32 2 Woolworth <F W) CO— 400 25% Jan 97% Jan 15 Woodward Iron Co——.- 8.900' .? Dec -—10 I Wisconsin El- Pow Co 6% I 2,000 36% 15 8% Jan 83% Jan 30 Jan - 7% Jan IN0 par *: preferred Wilson-Jones 293/4 Dec -No par Wilson & Co Inc I 2,100 - Motors——-—^1 Willys-Overland $6 4 4 31% Jan 24 87% Jan 24 -21% Jan 9 - par i— 40,200 1,200" No Dec 2 26% Jan 22 Mach Corp———1 Oil'Co Wilcox - 151% 30% Jan 10 113% Jan 17 1083/a Feb 3 3 64 Jan 19 104% Jan 12 Co——41 preferred— preferred conv 31,500 ' i - $5 conv prior $4 . Dec 126 127% Mar 20 110 Jan -106»% Jan Wheeling Steel Corp; White Sewing i ; —- 71% . Jan 41 80 14%- Dec 37% Apr 3% 13 White Moto* 15% •••*71 ,' 110 26% 9 48% Jan 84% 15 Feb 103 26 1 6 Sd 15 Jan 37% Feb 6% Jan 16% Jan 44% Jan • • pfd14% % series. -—100 Prior pfd 4% % Conv series.—100 Wright Aeronautical— No par V 110 July class A_No par 85% 84% 71' 10 28 313/4 41% 80% ( ; Jan 323% Jan 13 4% Jan 22 16% Jan 5 66 V2 85'/a 71 106 25% Feb Dec 41 80' 23% Jari 22 - Sep " v Dec 42% 86 *85 Dec 118'JA Jan 42'% r Dec 103 Apr 9 19 7 Va 26% i 26 72% V *71 f 113 Apr 106 Feb 117% Jan 2 65 413/4 , Feb 85 Vz 113% Jan 12 8 Dec 293/4 - ♦86 96% 113 3/4 109% Jan 26 - -104 Jan 116% Jan - Dec 28 5 86% "'41%. 87 85% 77 85 *71 % 13% i- *86 87 Dec 85 Va 9 43 V«' x42 % 42 41% 41 '/as ' 87 86 *84 *77% ■- - ' 102% 9 Whit# Dental' I. • 42% *43% Jan Jan 15 V# *129% -25% y.> 25% Feb 83 38 ! 10,400 14% 99% ) ■<# *129% 25 Va * 25% Jan 18 Vz 5 73 ¥4 Jan \ 9,600 ■ 18 Va 13% 99 Va 25 y 77 8 2 : 300 8% 17 3%. . 13 Va. 99 V* :; *129'/4 10' 27% Jan 2 80 8% 13% 15% ; 15Va 85% Jan 102% Jan Jun 2 200 32% 993/4 y 25% 64% Jan 600r Westvaco Chlorine Pjrod 900 t 90 *31 8% 18 103a July Jan 13% Feb 1,030 10%, . 13% *13% 99 Dec 31% Jan 30 Va Jan 1st 140" I 28% 10 Va *85 - 32 Va 8% 8% 28 ■ 98% 42 Va 25 % *31 Jan ——100 series Westinghouse Air Brake t 12.500 24 99 13 Va ; >v w 87 32% - , 17% 18% 18'/a 28% 11 Va- 87 100 Westinghouse El & Mfg—«.. --- 90% 13% 153/4 15% 25% r ' 90 11% 100 100 pfd , Class B_—_ 30 ! 345/a *23 Va 28 V* 8% 8% 1 74 • " 13% •98% *129 *31 8% 23 Vi 11 Va *•87 8% *8Ve 90% 89 11 89 110'% 34 28 Va 28% 11 Va 11 *87 32% 8% *31 " 23% 28% *29 89 Va *23'/a 2334.-V 23 Western Union Teleg * *23 *23 . 1 f *70»/4 i 6% Weston f *104'% 105% 35 '/4 89'/4 88% ■ , 74 105% 34% 6 A 150 29 *109 *70% Dec 6% '"*/• Preferred 5,200 I 29 29 *104% 22% 84 % Jan 20 25% Jan 22 -100% Jan 8 , 4 V 6,409 *107%. 1083%; 35 Apr Western Pacific RR Co com__No par 300 34 % 1103/4 105% Aug 15% 22 % • 8,700 * - 34% / 1083% 72 *104 35 Va 25 ' 110% 70 70 ♦104% 105 % *104%* 105% i 145 *107% ' Dec Apr 3 preferred 100 Auto Supply Co——10 Maryland Ry *—100 nolr-cum 2nd preferred—100 ,/ 1,800 303% 30'/a xl44 ■ 108% *107% July 22% v 17 Western 1,200 xll9Va 120 3/4 v 34Va *28'/a May 15 36Va 10% Jan Western " 3,800 • 27% 111'/a 111 *111% 112 *107% 108% 112 *69 34 .34%' 29 . 62 27% Jan - V 4^ 2,900 '46 *27 121 »/4 34% 108% *107% •70% 71% *104%: 105% 121 28% 112 :*■ ' 30% 121 35 *343% 28'/a 27% - - 273/4 30% 303/8 120'A 30J/a 1223/4 35 30% 30% 122% 145 122 27Va 27'/4 27 3% 27'/a 27'A 121 30 Va 30 3/a ' Apr 22%. Feb 2 West Va Pulp & Pap Cd-——Ntf par 2,700 353/4 122% 35 t ... 2.1Q9 37 • 14 «/4 - • 145 .. 53% 66%. ; ' 45% 30 J/a 29% 121 36% 5Va- 34 53/4 14 14 >33% 66% 27% *27'/4 37'/a- 5Vi 5'/4 * " •■>, ♦1093/2 110 36% 37 34 5 3/8 5'/8 14% 333% 66% 5 »/a 25 , 5'/4 14 »/4 ' Jan 11% Aug 23 - par - preferred preferred 6% West Penn Power 4%# ' • *143/o 36% 110 *109 109 109 37'/4 37'/a 25 25% 25 Va 25% 253/4 25V4 ' ,v:45 > Jun 2 Va , Jan 24 —No par —1 —- Corp— - 50 . 25 Feb 9% Jan JJ—No par West Penn Electric Class A—No 102 *117% Indies Sugar West 11,600 11a. 117% 110% 1,000 26'% -r 101 Va V. 105 116% 110% 85% 1% 11% Mar 6 Feb 37 Nov ; 10 Va Jan 17 23% Feb 8- Nov x20 ' > 105% 110% 103 ^*110 27 85% ■i~r 101%. 102% 103 110% '102V< 26% 26%- 1163/4 '110 9% 26 26% 85% 26% ■■ ■ 9% lO'/a1 Waukesha Motor Co : 68 Jan 8 34% Jan 3 26 Jan 11 Pictures Bros share Feb 7% Jan 11% Feb 8 2% Feb 8 66% Jan 23 13% Jan 23 34% 22% 2 32% Feb 24% Jan Warner '; 26 2 per 17% 5 Warren'Fdy & Pipe——No par Washington Gas Lt Co No pat *33% 26 10% Feb 93% Jan ., No pat * '33 2 Highest t snare 48 67% Jan 8 20 Jan 29 1 % Jan No pat cl A preferred $7 64% 34'% No par I per t per share 19 1944 Lowest 4 63 Jan 19% Jan 8% Jan No par — Ward Baking Co Class B 1,800 2 Vv M I per share G & W—No par (Hiram) 19,500 10% 64' 14% Walker Dlv redeem .2% 64% 14% '14% >' Par 10% 11% 2 V*. 2 EXCHANGE Year Range Since January 1 I-owest Highest STOCK YORK NEW 2,600 . ... 10% lOVtt tor Shares 20 *193/4 10%- 10% 2 share Range for Previous STOCKS Sales % 7 the Week 66 Va> ,67 20 10% 10 3/a 10% ■v.: 2 t per ' 6? *19% 10%' 10% 10% 103/4 . 66% *19% 20 *19% . 10% s per share 1% :> 7 $ per shard ♦10% 10% '1% Thursday Wednesday $ per share 64% *19 3/4 10 3/a •103/a Vjily per share RECORD ■ PRICES SALE Tuesday Feb. 5 Feb. 8 HIGH AND * 3 Jan 22 13 Feb Jan 15 Feb 14% July 125 Sep 9 19% Apr 24 July 6 7 36 3/8 Jan 44% 20% Jan 41% Nov 6 47% Jan 82% Nov 5 3 49 Jan 84 Nov 69% Jun 91% Dec 9 58 Apr 74%- Nov 7 13 Dec 123 Sep 14 • Oct Dec ■ 1 37% 36% 3634 36% '37% *37 '/a 38% 37% 37% 37% ,37% 37% im 1,400 15 V* 15% 15'%? 15'% 15% 15% 14% 15 '% 15 22% 22% 22% 22% 22% 22% 22% 22 15% 22% 14% 22 21% 13 22% 11,300 4,000 40% 42% 42%- 43'% 42 42 42 42% 423% 41% 42 3/8 11,900 108 107% 23% 108 40% 41 107% 107%' 107'% '42% 107 '% 1073/v 107% 107% 24% 24 22% 23 3/a 23% 24 23% 24 40% 41 41 41% 41% 41% 40% 403/4 6% 6% 6% 63/4 7% 107 3/4 24 108 23% 40% 1 — Young Spring ft Wire —No par Youngstown Sheet & Tube—No par 5%% 10,300 403/8 63/4 ■ -—-—28 Jgfc Ccr York Corfk— 430 23% •«. x ft Totfffer 2.000 100 preferred series A Youngstown Steel Door——No par 32% Jfan $4 13% 19% 39% 105% 20 Va Jan Jan Jan Jan Jan 5 15% Jan 30 22% Feb 6 27 % Mar 14 3/a Jan 20% July 43'% Feb 33% Apr 42% July 96 Jan 106% Nov 13 Jan 37% Feb 13 17 22 19 2 36% July 15% July 9% Apr 5 109% Jan 31 24% Feb 7 20 % Dec Z 6% 6% 6% •Bid asked prices; and no 1 tin receivership, sales on this day. a 73% Deferred delivery, 7 37% Jan 22 413/4 Feb 6 333% Jan 44 V2 July 1 5% Jan 2 7% Feb 8 3% Jan 6% July Zonite Products Corp. 46,900 n New Stock, —No par Zenith Radio Corp gale, r Cash a Special sales. wdWhen distributed. x-Ex-dividends. y Ex-rights. Transactions at the New York Curb Transactions at the New York Stock Exchange Daily, Weekly and Yearly Stocks Daily, Weekly and Yearly Stocks, ♦ v.: Week Ended Feb. 9,1945 Shares Saturday Government Bond Bonds Bonds Sales Bonds 1,034,800 Monday Wednesday-—-— - Friday— —. — $14,500 8,050,100 558,000 11,000 9,973,700 8,809,800 631,500 16,000 9,457,300 1,528.490 9,165,000 848,900 38,000 10,051,900 1,179,520 6,614,900 841,600 1 " ' *• : Total--------- 530,000 9,404,7T50 1,499,470 — Thursday—. $216,000 7,505,600 1,598,120 : $4,877,000 1,800,140 — Tuesday — • '' • 8,640,540 $5,093,000 7,456,500 • $46,377,000 $3,626,000 $79,500 1 . Saturday Total— —— — —; —— $600,000 $472,000 $127,000 570,385 532,475 443,680 542,440 429,181 —- —— Total $1,000 Domestic 331,140 - Wednesday Thursday Friday Foreign Corporate Shares) Week Ended Feb. 9,1945 Monday—i.———Tuesday—--—- Foreign Government of Total Foreign and Miscel. ' Bonds (Par Value) (Number United States Railroad Number of • Exchange 588,000 146,000 645,000 121,000 750,000 66,000 12,000 828,000 515,000 81,000 5,000 601,000 601,000 124,000 $3,571,000 $665,000 $18,000 $4,254,000 2,849,301 — 734,000 766,000 725,000 $50,082,500 Jan. l to Feb. 9 Week Ended Feb. 9 Week Ended Feb, 9 1945 Stocks—No. of shares. 1945 3,821,781 7,461,020 Stocks—}no. Jan. 1 to Feb. 9 1944 1944 24,955,495 51,065,345 Bonds Of shares— U; S. Government $79,500 $26,500 $893,900 3,626,000 1,925,000 13,393,300 $1,161,350 12,636,000 46,377,000 93,984,000 391,866,700 490,680,500 $50,082,500 $95,936,400 $406,153,900 1945 /V 1944 1,043,905 15,689,005 $3,611,000 2,849,301 - Bondt Domestic $21,121,000 7,399,000 ■■ - Foreign government— Fbreign——----- 1945 / 1 : $3,571,000 — — —- 665,000 18,000 41,000 6,000 • $504,477,850 Railroad & industrial.. .. Foreign corporate—————— Total — - ——, • , $4,254,000 1— Free trial Stock And Bond Below listed are the daily closing averages Averages -Stocks- February 3 5——6 February 7 - . _ February 8—— February 9 - _ . . - 15 Rail¬ Utili¬ 65 trials February 20 Indus¬ February Stock and Bond -Bonds10 30 Date— National of representative stocks and bonds roads ties Stocks 10 Total * First 10 Total Indus¬ Grade Grade Utili¬ Rails Rails ties ' ■ Call §8,000 our Monthly Quotation Services or write 1 ' *- Bonds 154.76 .: 48.72 27.49 57.47 107.31 113.35 91.16 108.90 105.18 155.35 48.89 27.54 57.67 ' 107.21 113.7G 91.74 109.00 49.61 27.55 57.94 107.28 113.64 92.44 108.94 105.58 155.71 49.96 27.58 58.10 107.26 113.85 92.53 109.01 105.66 NATIONAL QUOTATION BUREAU 105.43 155.50 155.54 49.85 27.52 58.01 107.40 113.86 92.91 108.96 49.35 27.47 57.66 107.33 113.68 92.55 108.98 INCORPORATED Quotation Services for Security Dealers for 31 years 105.78 154.75 105.64 46 Front Chicago Street, New York 4, N. Y. ' 4t3,'000 $24,830,000 40 trials , - $28,628,000 10 Second ' V{ $24,269,000 108,000 ^ u. t the New York Stock Exchange as compiled by Dow, Jones & Co. on of. $3,658,000 1944 6,994,460 San Francisco New York Stock Exchange Bond Record FRIDAY "And the am w?e" £d wheS outside of the italic The r^ulM^ekly Interest Stock Exchange Period S. V. Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury — - —1954-1956 2'As 2 'As 2s 2s 2s 2s Treasury Treasury Treasury Treasury Treasury 2s Treasury 2s Dec 1949-1951 March 1950-1952 Sept 1950-1952 Treasury 2s 1951-1953 2s Treasury - Treasury 2s Treasury - 1951-1955 June 15 1952-1954 Dec 15 1952-1954 1953-1955 ———June 15 1948 2s Treasury Treasury 2s 2s Treasury 2s Treasury Treasury l3As *103.20 112.25 101.17 110.5 112.10 *112.27 112.29 107.13 £*105 Series No. 26———— Series No. 27 Series No. 28 101.17 "*101.13 101.14 100.15 101.13 101.16 100.10 101.16 -101.13 101.15 A 101.26 102.9 104.27 *102.7 102.9 *102.6 102.8 A 6s *102.5 102.7 A6s 102.4 A Extl 100.25 101.11 101.15 101.16 101.14 101.15 *106.19 100.17 106.21 IOY.9 *101.19 101.21 J-D A IOT.9 lVis 1945-1947 series M New 3% j-d 1980 117% 112% 117 % 128 117% 115 1901 18% 1961 J-J 18 17% 18% M-S 18% 18% 18% 18 18 1901 Sep 1901 1962 Sep M-S __ of Members New Telephone Teletype AGtd sink fund 6s AGtd sink fund 6s (King of Norway) Akershus 1947 1948 4s_—1968 AAntioquia (Dept) coll 7s A 1943 AExternal s f 7s series B 1943 A External s f 7s series C 1943 AExternal s f 7s series D 1945 AExternal s f 7s 1st series 1957 AExternal sec s f 7s 2d series—1957 AExternal sec s f 7s 3rd series—1957 AAntwerp (City) external 5s 1958 Argentine (National Government)— S f external 4Vis 1948 S f conv loan 4Vis 1971 8 f extl conv loan 4s Feb 1972 S f extl conv loan 4s Apr 1972 Australia (Commonw'lth) 5s of '25-1955 External 5s of 1927 1957 1950 1949 External g 4Vis of 1928—. Belgium external External s f 6s External s 6Vis 1955 —.1953 f 7s 1941 lABrazll (U S of>) external 8s 61 18 18 9 17% 18% 18 18 1 18 j-d 17% 17% 8 17'a 18% 1961 A-O 18% 18% 10 18% 18'/a A-O 17% 17% 2 17% 18'a .1962 Af-N 17% 17% 1902 Af-N 17% 14 17% 18% j-d tmmm 1960 M-S 1901 J-D Oct 1901 62% tint reduced to 3.5%) AExternal s f 6Vis of 1926 /Stamped pursuant tb Plan A (Int reduced to 3.375% ) AExternal S f 6Vis of 1927 *60 M-B 79 79 w 79 80 35 36% A-O Rica (Rep of) j-d . A-O *31 35 30 30% A-O 31 30 31 86'A 90% 100% 102% 90" 94% 90% 94% 100% 101% 99% 101% No. No. J-J *100'/a 100% 100% u 105% 105'/a 59% 63 53 53 61'A No. 1979 •«L_ A-O 61 '/a i>29% tit A-O 59. 61% 57% 14 i ,61% 59% ; 61% •I—' 57% J-D 3 3%s Series No. * «. Series No. 7 3%s Series No. Series No.. 3%s Series No. 3%s Series ,* ..'3%s Sereis No. No. No. 54 3%s Series No. 14 3%s >54% 57% 56% *56% 55% 57% c 52 77 86 '100 '100% A-O 100% j-j 100% 45 447/a 46% II 447% M-S 100% 100 100% 100% 106% 106% 16% 22% *Q2 J-D *106% A 6s Haiti part 21% 20% paid (Republic) A4Vis 1942, agree extl 5s of 1899 £ 1943 AAssenting 5s of 1899 1943 A Assented to Nov. 5, 1942, agree AAssenting 4s of 1904 1954 A Assented to Nov. 5, 1942, agree AAssenting 4s of 1910 1945 AAssented to Nov. 5, 1942, agree (US) 21I/4 14% 21% 97 96 98% a-o *67% _ M-y *101% __ A-O 16% 19 12% 19 j-d 33% 33% 33% 34% j-d 94% 94% 94 I,:*ll7Y!y:-v7 u-y 1943 stamped assented to Nov. 5, 22% 157/a *96% *~ Assented AMexico 17 A-O s ~Q-~J Q-J * "j-d •:% A — *18%,: .j, — *14 12 1-3 ¥ t ^ 9% . 52 56% 53 n 51% 53% 3 52% 54 52 57 54% 56% 19 52% 16% 16 16 15 12% 13 SECURITIES FIRM TRADING MARKETS 56% 56% 1 51% 56»/2 56 % 57 3 51% 57 10 51% 57 ■: 57 55% r.ABl MABBS e. r.O. INC 56% — No. 15 55% 56% Series No. 16 .56% 56 % No. 17 *56% 3%s Series No. 18 .,'3%s Series No. 19 4 57%— 56% 51% 39 FOREIGN SECURITIES SPECIALISTS 50 Broad St„ New York 4, N. 56 % Telephone HAnover 2-0050 S 51% ♦.*56% .58%—^54% 51% 2 emmm' 53% 51% 57% 11-v *12% 56% * /22 11 *15% For Financial Institutions FOREIGN f A. ■» 10% " 10%. rntidBfA 18%if:<l8'% 17.<-: i *10% 10% iiq2. 1 ~ , „ V 10% 94% jiniAht 11% *19 57% 70 * 60 Series 86 Af-S 57 29 55% Series ' 52% 57 *56% 57 1 83% A-O A-O Si 3%s * 89% 59% ;i0* 52 ■n;54 56% 3%s " 52., bS2t-i '82h' 20 55% 55 uL— — 87 80 Isii 3licf. 57% 56% - 81% 89% toil, oi 1, 58 *57 11 12 13 79 87 ' 57 54% — 9 10 .33As Series V / 55 55 57% 8 3%s 54 154 80 74- 59% "63% ■i'-J" i?i a57% 5—— 3%s ; 65 ~3 154' ,7* U " . 63% ///-'ft 33/tS Series No. 6 v' 160% 61% 52 31 . 56 *— 63% 61% - *55% A-O J-D ' 58 3%s Series No. 4—— • !■'■ - 85% Mexican Irrigation— 63 *105%- J-D J-D — 97 80 84% 1964 paid *100 '/a 102 2 Series part m-S A-O 1 Series 3%s unstamped A7s 101 100 105% 108% Greek Government— 100% 96'A 97 81 38 F-A 1967 1945 1949 1949 (Republio of) 7s Finland )Rep of) ext 6s French Republic 7s stamped AEstonla 95% Af-N J-D 1978 sink fund 5%s series 100% 100% 101 m-S 1978 1957 1957 1st 97 101% 70 31% r, j-j 1998 f 0s series A—1952 Helsingfors (City) ext 6Vis -I960 Irish Free State extl s f 5s ;.S80 AJugoslavla (State Mtge Bk) 7s—1957 AMedellin (Colombia) 6Vis 1954 Mendoza (Prov) 4s readjusted 1954 J-J ' *100% 101 5%s 2d series 94% 84 *100% 101 31 funding bonds of 1931 33As A-O A-O 30 Stamped pursuant to Plan A (Int reduced to 3.375% ) 1979 External $ bonds of 1944 (Plan B)— 3%s Series M-S 1969 1969 31 1952 Stamped pursuant to Plan A (Int reduced to 3.5%) 1961 extl 6s 31 94% 72% *75'/a A-O 1979 3.375% ) *75% A-O 5 Vis 93'/a 16 „ A-O §A2d 93% 43 107% 107% 1952 1942 1955 1962 1942 1940 1940 § A 1st series 5%s of 1926 series *106 % (Rep of) 8s ser A-1951 Customs Admin 5%s 2d series 94% 41% -,41% '154% 5 Vis 367/a a-o 70 51% 2 . 8 1945 wks 36% F-A 70% . '108% gold 5%s External gold 4Vis 7s 69 48% • 43 ,7 j-j 36 98 '! 41% 38 F-A 34 95 ? 36 81 j-d 35 97% imiiim y *107 1953 IA Dominican Rep Cust Ad 5%3 97% ' • 78 M-y Af-S 1977 34 m -N 27 63% "s" 1 f.v.r-; 38 Af-N 1949 36'% 97 70% 51% 84 debt 37% 102'A 17% 27 *40% 4%s 36% 86'A 70% loan 36% 101 17% 16 % j; .( 50% external 36% M-N *22% 18 17% / 18 17% 78% 1949 (Republic of) 5s of 1914 J-J 3-D ■ - 16% 43 — 1951 7s 36% - —' *40% J-D *36% 31 t *16% 17'a '• .. *70% —— 1952 1953 J-J - — j-j A-O M-y J-J J-J '• ••••'"• — F-A 36% Stamped pursuant to Plan A 5% 62% A-O * 17% A-O 1981 1970 Jan f $ bonds.: s External *60 'S ~ 17% M-S i960 1947 A «5 Stamped pursuant to Plan A (Int reduced to A7s (Central Ry) 61 P-A 19% 1 17% •—% 1961 lADenmark 20-year (Colombia)— 19 17% 18 1957 ASinking fund 8s series B Municipal 19 17% 1981 ACzechoslovakia St 18 17% j-d 1940 A Public Foreign Govt. 18% 10 18 j-d 1961 6%s Sinking fund 5Vis Agricultural Mtge Bank 19 18% 13 . 1947 4Vis 17% 2 17% 17% Mtge Bank 6%s External 1-1693 NY 18% 24 ' 17% Af-N 1957 Copenhagen (City) 5s 25-year gold 4%s York Stock Exchange 18% 17% Af-N ASinking fund 7s of 1926 Broadway, New York 120 .2 .. , 17% A-O ASinking fund 7s of 1927 REctor 2-2300 187/a 23 1963 Bank 6%s 1927 A Costa 18% 17% A-O 1962 1928 of external Cuba 17% 18% 1983 (Hukuang Ry) 5s A Colombia Wertheim & Co. 19% 48 ' ~7 t (Republic of)— A6s Foreign Securities 18% 18% Cons Munic 7s A6s 3s 18% J-J assented Colombia 19% 1 18 assented Chinese 17% 17% AGuaranteed sink fund 6s A 15 F-A Jan 18% luS'Sr* 18% 18% 1961 40 19% r n 18'/a A6s assented A 7s 39 17% 17% assented A Chilean 105 % 2 *18% 17% 18% 6s assented A6s 105 18% 17% AGuaranteed sink fund 6s Issue— Corporate Stock M-y 102% 104 104 "I 40 18Vi A6%s assented Transit Unification 103 % F-A sinking fund 6s ASinking fund City York 104% 102 A-O A6%s assented *100.12 100.14 J-D 107 102% 106 A-O assented AChlle Mortgage 106% 102 '/a 39 40 63 110% 12 *102% ' M-y ...—.Jan ... 109 77. 107 1960 f 6s« 63 6 86% 83 2 105% 105% j-j Feb s 3 , 63 Feb 1901 6s AExternal sinking fund 6s A 6s 85% i960 fund assented A6s 8oys *105 1942 sinking fund 6s AExternal '2 \ . 1942 assented A 6s 102.1 Owners' Loan Corp— Home sinking 22 85% 86% ♦104 1954 f 7s 83% 103% 104% J-J 8s 80% 107 j-j 1958 85 2 110% ho'/a «*— j-j 1953 PS - 80% 83% 63 63 " 104% 15 - 6 ,86% 86% 107 15 *'• ;v: . 85 85 — — j-j 15 1948 assented ARy external *102.2 *101.31 ' M-y s 102 83% /;■: . j-j .—1968 External 97% . 84% 84% A-O (City) 99 95% 101 *90% j-j AExternal sinking fund 6s 101.16 100.13 101.15 Af-N ■SI, A-O i960 1961 1967 A Extl 101.24 F-A 1984 (Rep) *104.25 101.23 M-B Jan *102.7 101.29 101'/a 102 M-B 53 97% 3 8 J-D 56 53 _ — 55% 52 2 '/ 56 56% "51% '■ 3 f $ bonds s A7s assented 10424 4 97 Jan A Chile 55% , ' 97% ..Jan 104.4 10 96% (Dom of) 30-yr 4s external Carlsbad 57 56% 35 97% 1975 2%s *108.11 108.13 *101.22 57 25 F-A 1970 1976 4%-4%s 3s *101.21 57 52 51% 57 ' f 4%-4%s s 3'As 3s 30-year 3s——— 103.4 101.29 56% 51% 56% Af-S 1977 f 4%-4%s s 30-year *103.2 10424 57 51% (Province of)— 3s 102.4 51% 7 *56% 1957 1958 1950 f 5s s 25-year 107.18 *104.2 52 55 % "xS: - stamped 3% 100.30 101.6 56% is v—m 1961 (City) Canada 101.15 iv ; 29 102.2 *102.2 ...... 30——— *107.16 > ; No. *102 100.27 57 57 54% «... - No. External 101.14 100.18 57 55 56% Series External readj 100.22 100.17 54% 57 51% 55% 25 A 6s 100.28 100.18 51% 52 54% 24 Refunding s f 4'A-4'/2s 100.28 101.17 101.17 cmII No. No. External *102.1 102.3 &101.20 101.22 1 4 18 54% Series Buenos Aires 107.8 105.2 el08.2 567/8 Sinking fund gold 5s Sinking fund gold 6s el08.2 105.2 *105 107.4 54% 57 54% mmmmmm Series Brisbane 106.15 *107.11 113.11 101.30 *106.13 23 3%s Series 112.23 113.2 113.?3 *101.28 22 No. 3%s 112.10 112.21 113 *113.21 No. Series 3%s 106.15 *112.30 Series 3%s 101.17 Low 55% mmvmmm 3%s 113.9 January 56% , 3%s 111.9 101.17 101.17 J-J M-S J-d Af-S M-S M-S J-D J-D j-d j-d 3%s 1 High Sold No. 54% 21 3 %s 111.4 113 *110.3 20 No. ■ 103.22 *106.13 No. Series 3%s 111.18 113 J-D m-S J-D J-D 3-D M-S J-D M-S M-S Af-S J-D 3-D J-D J-D Af-S Af-S M-S J-D J-J ot Range Since Bonds Bid & Asked High Low (Continued)— Series 3%s 110.10 *111.16 M-S J-D Af-S J-D Sep 1949-1951 - 103.27 bonds $ 3%s 103.20 Sale Price 1 (Continued) External 103~25 103t27 103.20 *110.8 J-D ——1956-1959 1947 Mar 1948-1950 Dec 1948-1950 Jun 1949-1951 - 103.30 *103.25 J-D J-D — 2%s 2'/2s 2V2S 2'/is 2 Vi8 2 Vis — 2 Vis 2Vis 2Vis 2 Vis 2Vis -i?ml 2Vis 2Vis 2Vis 2%s 2'As Treasury Af-3 J-D 109.29 *103.28 M-S Af-S M-S M-S 2%8_1 Treasury Treasury -—1951-1958 —1955-1960 ——1945-1947 —1948-1951 _1951-1954 1956-1959 1958-1963 1960-1968 1949 -—--1948 1949-1953 1950-1952 —— 1952-1954 ———1956-1958 1962-1967 —1963-1968 June 1964-1969 Dec. 1964-1969 1965-1970 1966-1971 1967-1972 1951-1953 1952-1955 *109.27 i-o Brazil Last Period High Low No. Low Week's Range or Friday's Interest New York Stock Exchange January 1 Sold Asked High —1947-1882 1946-1950 1946-1949 1949-1952 ———1946-1948 3%s 3Vbs 3%s 3s 3s 27/8S 2%s 2%s 2%s 2%s Bid $ Range Since Bonds Friday's or Government 4%s Treasury Last Sale Price Friday BONDS Week's Range Friday BONDS New York YEARLY ■ week's range/ unless tbey are the only Iransaellona in the week In which they occur. No account G taken of such sales In computing the range for the year. Period" indicate In each case the month when the fconda mature. v-v/'/'//;/' FOR'WEEK ENDING ' FEB. 9 headed "Interest letters in the column WEEKLY - Cash and deferred delivery sales are disregarded in the and defaulted bonds. range are shown In a footnote interest"—except for Income NATirR.Prii>M Monday, February 12, 1945 COMMERCIAL & FINANCIAL CHRONICLE THE > Y. Teletype N. Y. 1-971 Volume Number 161 THE COMMERCIAL & FINANCIAL CHRONICLE 4359 NEW YORK BOND RECORD RANGE Friday BONDS WEEK FOR Interest Stock Exchange A Assented Mlnaa to Nov. 5, 1942, Low 9 High High *20% „ Railroad Reorganization Securities "11% 19% MS ' v FEB. January i jr-j agree t 6%s s Sold No. ENDING Range Since Bid & Asked 1933 iState)— uerues ASec external Bonds Sale Price ' ' fATreasury 6s of 1913 assent Last Period Low New York Week's Range or Friday's 40% 40% 38% 40% M-S 41% 41% 38% 41% ^ 1958 Stamped pursuant to Plan A (Int reduced to 2.125% ) ASec external f 6Vas s — ..1959 ... , PFLUGFELDER, BAMPTON & RUST Stamped pursuant to Plan A (Int reduced to 2.125% ) Membert New . A Montevideo A 6s New 1952 M-N 1957 Wales J-D 1959 F-A 99% 99% 99% 97% A-0 98% 98 Vi 98% 97 , 99% 1958 A series South 7s iClty) 118 *118 ' 118 ' 61 *105 (State)— External Norway f 5s 8 f s 5s . 4%S (Kingdom of) External sink 4s sink fund fund i—1956 Af-S 4%s 1965 A (Rep) extl 8 I os 3 Vis mod sec APernambuco Stamped pursuant to Plan A (Int reduced to 2.125%) APeru A A Nat Atlanta 1st General L & 2008 loan 1st f s Plan A to 1953 1968 1 pursuant to Plan to 2.25%) 1 2004 1967 loan (City of Brazil* 8s " 39% 39% 43 »— 43 v; *91; 93Vi 90% 93 Vi 44% 43% __ -r •: *37% 42% 44% 37% • -J." •- 47% 45% 43% *47% 49% 45% 46 J-J M-S 41% 41% 40% 41% 39% 39% 38% 40 37 40 J-J J-J , J-J A-0 ' - 36 37% 66% 66% M-N M-N J-D J-D 17% ; gold 4s v % 1948 . 107 107 106% 107% 105 105% 104 -w -I- 130% 130% 131 17 129% 131 101 ; 101 101 5 100% 101 2 101% 101% F-A 107% — 104 105 __ 105% 105% 104 104 100% 46 98 M-N 74% 72% 75% 81 70% 80% F-A 66 Vi 65 67 44 107% 108 % 1960 6s series A M-N 107% 108 55 63% ~1 100% J-J 100% 100 F-A •106% 100% 100% 109 ili 110 M-N M-N .1947 12 100% 75 101A 1093j 110 A i—1969 M-S 108 108% 44 107% 108% 1969 3%s f s 105% 106% 107% 107% 1955 1st 4s M-S 106 % 106% 142 105% 106% 109% 110% F-A J-D Niag Elec 3%s series C *109% 110 75% ' § A 1st & coll 5s j: 1934 : A Certificates of deposit.. gtd 78 Vi 73% 85% 33% 34% 31% 38% 34% 33 101% 100% 92 % 97% 100% 100 102% 86% 91 90 —..I960 31 33 102% 102% /i 102% ..^.^..1952 5s^.—1955 Bush Term Bldgs 5s 75% 33% ; — Bush Terminal 1st 48— |V Consolidated 100% Elec Power 3%s 1968 1962 107% 105 112 113 Va 10 4 107% 107% *105'/a 105 a/4 A-O 1957 106% 23 118% 119 M-N cons 1037/a 112% 113% A-0 -;.1974 Power 3%s J-J 113% 'V'. 116% 119% 117% 7 116% 117V4 116% 117% 4 116% J-J 119% 119% 1 116% 119% 1966 A-0 118 5 115% 118% 1951 F-A 86 112% 1141/4 J-D 106% IO71/2 70 Carriers 20 18% 19 Cart 17% 13 18% 17% Collateral trust of Ohio 113% 113% 114% 107 Va 107% 107% 59 96% 104% 104% 104% 6 104% 105V4 107% 108 2 107% 108 V'a 109 110% 104% 106 V'a F-A 99% 4 99% : '■> 99% M-S J-J 1965 M-S 1950 M-N 1981 F-A 1962 j-j 105 104% 105 16 ' 104% 105 1955 4s Corp 5s w w gtd gold 4s Celanese Corp 3V2S debs Celotex Corp 3%s debs. Branch 1171/4 1949 Adir 1st & 118 J-J 104% 104% 104% 24 104% 104% 73 74% 19 89 90 % 86% .93 -65% deposit & & Gen 117 117% 1960 !i A Carolina Central 1st gtd 4s Carolina Clinch J-J J-D 1955 4%s 1969 1970 gold 4%s gold 4%s__ Certificates . U P 1st gold 4s 17 109% 109 %;9%- 104% 104% 104% 78 9 80 78 73 83% ' 1948 J-D 1945 F-A 1945 A 1st mtge 5s 5 A Consol gold 5s * 101 % 96% 102% 104% 104% *103 103 103 % 101 . 103% 103% 103% M-N 56% 55% 57% 53% 1959 A-O 167/« 15% 17% 14%t<19'/4 1959 *104% 106 II *102% 100% 102 102 104'/a 109 A-O 15% 15 16 14W'-T7% 73 78 Va 102% 102% 102 • 105% 105% 106% 102 102 13 102Vi 105% II 103% — 109% ^—1955 L1960 Atl Knox & Nor 1st gold 5s—^....1946 106% 106% 4s Central 97 Central Pacific ' . ... ^ i . _ J-D M-S __ ;VJ 121% > A-0 241 103% 97 Vi i;. v__ ... ( Nov M-N J-D T J-D . . J-D J-D ■ 7 >■: r ' 1974 A"o ref gtd gold 4s_I949 F-A 1073/4 5s ...I960 F-A 99% 1974 F-A gold to Aug 1 1949) ••• i v 111:. *110. *1.. „ > . 108 r v v.A Prod 5%s A. ...1992 M-S 1996 M-N Ref ft Impt M 3%s series E 1996 F-A Potts Creek Br 1st 4s 1946 J-J R & 1989 J-J J-J *125 A Div 1st cons 114% 106 gold 4s 120% 111 iio% .111%: >110 • * 1958 ; 1st ft ref 4%a series B 1977 " i AGen mtge Inc. (conv)__.^ .-.1997 Chicago ft Erie 1st gold 5s. 1 1.1982 Chicago Gt West. 1st 4s series A.__1988 AGen Inc mtge , ^03% A%S-_-i.*i..ui-2038 1 1 15 140% 144 ■—105 % 105 7/a 24 105 106% 105% - 105% 105% ><30 104 .-143% 144 A-O F-K- 105% 106 62 i ' 92 Va 11. 69 V4 '' "68% 62"—"643/4 " }28% 92 V'a 32 .111% 112% "104 V'a 60 132 '*.*132 % •i" 103 128% --u™ .114% ,-113% 114% M-N -J-J - 112% f.i 112% 112% 105% i06% 103 —37—38% , -J-J J-J -r ' -F-A < '87 101% 105% -N- J-J ;"1st & ref mtge" 3%s i_.^.___1974 Chicago ft Eastern 111 RR t • —i'"11. ■ 688. ..11989 " tACLicago ft Alton RR ref 3s 1949 Chicago Burlington & Quincy RR— > General 4s___. 85 15 - *-*128% .120%. • 26 ' - -*103 131 %; 110 85 'H- 86 -••102% 103 % Ref ft impt mtge 3%s D 105% 100% „ ...... : x 110% 96% 99% '(r. / '"", : "" page 98% i 115 % : , in . 109 97% .117 ■ 107 V's 73%, 129% - 107% 108 85% 102% 38 104 •107% 102% 115% 41% 103% ref. series A M-S 71-V 44 103% 104 M-N 104% I6. 131% Vi' f*100%~" 38 194» 112% ■• 120%. 120%. 119% 120Vi 34% f ACentral RR & Banking 5s stmp.1942 105% v.- 36% Certain-thed 94 „. 'ivv .v.* % 131.1 131% 120% - r 35% j-J Chesapeake ft Ohio Ry— General gold 4%s 100% 105% 105% '>#*«•' a';47% 36% 109 Vi C 112% 112% --C. « .97% 38 39% 1987 2d consol gold 4s A-O 96 41% 38 103% 97% *104% 97 40 124% 112 V'a 26 v.- *74Vi-.79 — 96 108 251 -'112% 114 •"< & (4%% . J-J J-J 1987 1987 1st 72% rtx'Lgj 106%': 108 1987 Y Power 3s Guaranteed . 30 32% 1961 101 Vi - 73 101% 102% 113% .Jan Q-J M-S N 66 66 116. 31 119% 121% 102 102% .M-N 108% 109 Vi > 303% A-0 gold 5s 4s 94 96 1st registered 93 1st .1955 1905— *29% A-O 89% - 96% 94 J-J 1966 AGeneral 104% 108 96% 1940 Div Illinois Light 3%s t A Cent New Eng 1st gtd 4s tACentral of N J gen gold 5s 5s registered 107% 16 *94 J-D A Mobile 109% 101 1.786 66fi> AChatt Div pur money gold 4s__1951 Central 100% r 102% Nov ARef & gen 5%s series B A Ref & gen 5s series C 103 % 104% 109 F-A . gold 4s of. 1910 J-J 1960 . f debentures 81 38 ...—^1995 • -—1995 4s see 101% 101% 1959 series II 5s lien & ref s 75 109% —C1978 4s footnotes A-O, - *104 70 103% 103% .... For 91 A-O 78% *104% 101% 3 Vis series Ej'.—_L_.^1964 M-S ■■■<*■ Topeka.ft Santa.Fe^-" '^£V*.'•?£:>.General 4s_____. .1995 A-O ~i gold 4s Of 1909-- 86% *105% 72 — 109 1962 Income debentures 4s Of 4 > J-D A-0 1981 . Conv 90% 102 V4 M-N 75 103% -_____1969 Conv 91 90'/a * ..1955 M 80 %; 109 .1960 Conv .» 86% *104% 74 A-O ...1956 deb 3s__. gold 91 15 M-s 74% M-N ...1961 (Del)— Adjustment 96% 63 91 J-J 1967 , ,'.1949 5 Vis debentures -.1 Stamped 97% 94 A-O Stamped modified (interest at 3% to May 1. 1947) due 1957 ^Burlington Cedar Rap ft Nor— *140 J-D J-D M-S J-D 1st'mtge . 94% 86% 96% F-A 74% *17 Atchison i 289 897/a >,94 1965 80 A-0 M-S Anglo-Chilean Nitrate deb: ..,.1967 Ann Arbor 1st gold 4s —1995 Ark ft Memphis Ry Edge & Term 5s 1964 ; 66 287 97% '93 1967 75% 1998 2030 A 7s 77% 55 1,337 1956 mtge 3s series G 80 — Am Wat Wks & Elec 6s series A.—1975 • 77% 66% 1950 2Vis__ Loan Indus mtge 3 Vis beries F 75 A-0 A-O ; debentures. Co 66% 1951 debentures.. 80 A-O . 1954 ... debentures & 0 1951 1960 stamped Guaranteed *68% A-O 1948 assented debentures Armour 96% j-j Buffalo Gen Elec 4%s B American Telephone & Telegraph Co.— 3s 62% J-J Guaranteed 'K' J-J 1972 Alleghany & West 1st gtd 4s Am & Foreign Pow deb 5s r 58% 1951 Buffalo 101% *88 M-N 1967 3 Vis mtge Allegheny Corp 3Vis sec conv Co 74% 1959 A Cent Albany & Susquehanna RR 3%s...l946 Tobacco .74% ; 6i% F-A 1951 ref 4s *90 F-A 1953 1948 ..1947 1946 Albany Perfor Wrap Pap 6s conv 71% 7i «/* tCeDtral of Georgia Ry— 10-year deb 4 Vis stamped Great Southern 3 Vis 3s 73% 74 i (int at 3%% *91 M-n M-N 1953 Alabama 3 Vis M-S 87 Buffalo Rochester & Pgh Ry— Companies series A plain bonds M-S 77% 75% 667 85% 96% 1st 21 100% 100 % 100% 100 % F-A f-a J-D AStamped 81 1996 Guaranteed gold 5s_ Guaranteed gold 4%s_. 1978 readjustment 84% Canadian Northern Ry deb 6%s_..1946 Can Pac Ry 4% deb stk perpetual 20 extl conv Coll trust 4s of J907 Amer 104% 66% 338 J-D ; 99% 555 to gtd 5s A Canadian National gold 4%s Guaranteed gold 5s Oct 30 20 74 Vi conv 101 Va 222 75 91 Canada Soutnern 18% *23 % M-N G Chem co oo 277- 71% 97% California 19% 15% 18% 20 1979 Railroad and Industrial 3Vis 100% 104% 74 93 1 Calif Oregon 16% 19% fAbitibi Power & Paper— Amer I 103% J-JD Bklyn Union El 1st gold 5s___ 1950 Bklyn Union Gas 1st cons gold 5S.1945 71 >m conversion warrants A-0 680 79% A-0 - F-A Called 46% 105 to (int at 1% Bklyn Edison cons M 3 Vis— 47% . ,J-J J-J F-a with 99% 101 Va 2000 (int at 1 % due lABoston & N Y Air L 37 Vi 43 Vi M-N 1st 101% M-N 4s 1979 Adams Express coll tr A-O • 47% J-J 1984 AWarsaw (City) external 7s 1958 A4Vi8 assented——————-..1958 6s 50 104% ■;> J-J 1st 36 % 36% :.S 78% Power 41 gold 4Vis series JJ...... .1961 1st mtge 4s series RR— 1960 Ainc mtge 4%s ser A July 1970 41%""" J -J 1978 Alabama 13 *104% 105 due...—.........Feb 11960 Gen. mtge 3 Vis extl readjustment §A5s 42 1%% due Consol mtge 3 Vis series H 1st 5s A C — 1955 1948 readjustment to Boston & Maine ($ bonds of 1937)—- 3%-4%-4-ft 41% 105 % 44 1995 (int at 1946) Consol ; 40 4t% M-N • —1960 AExternal sink fund 6s___ —-—1964 4-4Vi-4Vis extl C ser 1 4% at Consol - AExternal sink fund 6s External 20 .1950 2Vis .. — 1978 (Kingdom)-— 1962 .1962 7s 1958 1958 Sydney (City) s f 5Vis a Uruguay (Republic) extl 8s External 46 Bethlehem Steel Corporation— 34' 41% M-S M-N 1968 extl of) 36% 39% •— ... Stamped pursuant to Plan A (Int reduced to 3.5%) 3%s-4-4Vis 44% 46 1st 1999 dollar loan series B sec extl 38 - J-D 1950 A4Vis assented... 39% — 1952 loan Serbs Croats & Slovenes A 8s secured external J-D A reduced (Prov Dec Beneficial J-D M-N 2012 Stamped pursuant to Plan A (Int reduced to 2%..2012 IA Secured s f 7s 1940 A 7s 105% 105% 1953 Bell Telephone of Pa 5s series C Stamped pursuant to Plan A (Int reduced to 2.25% )——2004 A Silesia 1948 Be?ch Creek Extension 1st 3Vis A Stamped pursuant to Plan A (Int reduced to 2.5% ) extl 105% July 1948 A (int at 1% to ■; due :_1995 ser 1946) 1947) Con — Stamped pursuant to Plan A (Int. reduced to 2%)—...2012 IA San Paulo (State) 8s 1938 Stamped pursuant to Plan A (Int reduced to 2.5%). 1999 A 8s external..... —1950 A 6s 20 3s 1st M 4s gold pursuant to Plan to 2%) water 105% Bangor ft Aroostook RR— A-0 1948 Stamped pursuant to Plan A „ < (Int reduced to 2.375%) A6Vas extl secured s f— —1957 extl 104 1952 Toledo Cin Div ref 4s A F-A Santa Fe external sink fund 4s._—1964 A 7s 107 96% due (State of)— reduced Paulo 1 to Jan F-A - Stamped pursuant to Plan A (Int reduced to 2.25%)_—2004 ASao 104% 716 July 1948 S'west Div A-0 pursuant to Plan A to 2.5%).—..1999 municipal 1 A Conv external loan of 1928_.——1968 A7i 193 98% 104 Pgh L E & W Va System— Ref gold 4s extended to 2001 6Vis— AGs external sink fund (Int 105% 107 Sep 1 1946) due pursuant to Plan A Stamped 107% 106% 1948 gold (int 1946) due Sep 1 1946) reduced (Int 106% RR— Ref & gen ser F 2006 reduced to 2% )__—„__2012 Stamped High 2 107 103 % Oct Ref & gen ser D extl loan of 1921 A 7s mtge Ref & gen Stamped pursuant to Plan A (Int reduced to 2.375%) (Int Ohio ft Dec APrague (City of Greater) 7%s—1952 Queensland (State) extl 6s 1947 ARlo de Janeiro (City of) 8s 1948 Stamped January 1 Low 1964 gold 4s Ref & gen - pursuant reduced to 2.25% ) Rio Grande do Sul Range Since July 1952 A. mtge gold 4s 1st loan 7Va sec 4s cons Sold No. High Stamped modified bonds— (Int reduced to (Int 1st Bonds Friday's 107 1959 Stamped Stamped or Bid & Asked Ry—• mortgage 4s Baltimore (City of) pursuant to AExternal '• 1963 Atlantic Refining deb APorto Alegre (Int Line Atlantic & Danville Ry 1st 4s sink fund A External Air unified 4 Vis coll N Oct Stamped Last Sale Price f 6s 1st ser s a4Vis assented A 8s Charlotte & Atlantic Coast Loan extl s f 6s A External Week's Range Interest mortgage 3Vis A 4 V2S ... Teletype—NY 1-310 Loio lAPoland (Rep of) gold A41/2s assented A stabilisation Friday Exchange 88 Second tRep of) external 7s Nat loan extl Stock Period 1947 7s (State of) BONDS New York ..1967 ret 3Vis series B_; New York 6 Bell 98 Vi 1963 1994 to ext 99'/a 98 % A-iOW ser scamped assented 56 Stamp Ext 98 Vi 98 V& A-O Municipal Bank extl s f 5s (City) sink fund 4% 8 Oslo APanama 99% 98 Vi ♦100% 101 J-D 1958 100% 98 Vi 98 Vi F-A 1970 100% 98 % 1 A-0 ;__1963 extl loan Broadway Telephone—DIgby 4-4933 * External York Stock Exchange 98% ... 93% 90 V4 70" 65% |44% il2% 114% 106 <69% 132 J96 74% COMMERCIAL & FINANCIAL CHRONICLE THE 686 Monday, February 12, 1945 - NE\y YORK BONO RECORD RANGE FOR WEEK ENDING FEB. 9 Friday BONDS York Stock New Interest Exchange Period Last Ry— Chicago V 1st ft 4s_ ref 4y4S aeries D_,— AChilds .Co cons 5s_, 3'As__ , Cincinnati! Union Terminal— 1st mtge gtd 3%s series E 1st coll tr gold As. Cleveland Elec Ilium 3s— Cleveland & Pittsburgh RR— Series C 3'/is gtd Series D 3Vis gtd Cleve Short Line 1st gtd 4yas Cleve Union Term gtd 5%s_. 1st s f 5s series B gtd 1st s f 4%s series C— Coal River Ry 1st gtd 4s Colo Fuel & Iron 5s lnc mtge Colorado &: Southern Ry.— ; v deb 3%s Ry non-conv A Debenture 4s_ ADebenture 4s_, * A Consol ' Consumers Rower 86% 83 83'% 4s Gen 50% 807 47'A J207 52% 15 14% 15% 550 18 Va 13 Va 95 91 deb 4s . — 92% 92% 15 95 97'A 34 94% % 83 % 90 10 83 108'A 108 'A 1 105% 1051/2 16 94% 78 121 Va 131'A 121% 122% JV 110% 110% lll'A J-J 105% 105 Gen mtge 3'As ser J-J 2015 ..1969 j-j debs—. 1 111% 111% Gulf & Ship Island RR— 1st 61 ref Terra M 5s stpd—.—1952 8 102 103 Gulf States UtU 3%» series D 107% 108% 40 107 108% 88 102 102% 6 101% 10.8% 108% 5 108 Houston Oil 4'As Va Hudson Coal 103 108% 1st s f 5s series A A Ad J 105 % 31 1047/a 105% 58 104% 106'A Illinois 104'A 104 .104% 125 102% 104% 108% 837« 18'% % 21 103 % 104 16 104 101% 102 95 26 91 108 96 92 101% 98'% 98% • •98 ,_ 108% 108'A 98 32 103% 103% 1 102'% 76'A 159 72% 75 75% J-D 115% >115%* M-N 140 96 96% 96'A Jf-N 1962 139% 3 140 140 96% M-N 103% 81 115% 1957 F-A 70% 67 70% 184 64'% 70% A-O 34% 33 34% 394 30% 34% 103% 103% 36 Illinois Central RR— 48 1,425 j-j 105% 105 105 '/a 48 76 A-0 •110% ,, lf-a 1952 A-O 91 903« 91% 31 89% 95'A 1955 M-N 93% 89% 93 y» 164 88% 95 % 3 84% 89 j-j 84% 84% 1953 M-N 88'A 85 88'A M-N 97% 96'A 97% F-A 78 % 77 f-a •112% 106'% 107% — • 106 106 •58 j-j — 106 105'A 103 M-N 107% M-N 49% ' 107% 5-5 49 4 y 92 90 90 J-J J-J 1951 ,1951 102% 103 85% 49% Jf-3 50 16 51 >v 71% *48% ' y- 101% 101% '■v; 50% 50% A — - 74% *72'A 106'A *111 79 •••' V-y 107'A 107 107% 80 106'A 75 Wiiirl's./.V' \ 7 ' 106'A 107% J-J 69% 67% 70 146 62% 74% A-0 31% 30% 32% 124 28'A 34% J-J 63% 62 64 45 58% J-J 63 63 63% 45 58% 108% 109'A 109'A M-8 Jf-N ,1959 Frahkl k Clear 1st 4s Laughlin 6teel 3'As..__ ,1961 j-d «... 107% 109% 102 102 31 . 1 263 y 99 5% 5% 4 5 90'A ''y"y 100 95% 100 93% 99 103 "lf-8 105 103% 99% 1951 104'A 237 103'% F-A 69 .74% 1' - . 102 102 •' y-y. J-J —— 104'A 104%' iv": 69 83% 215 83'A 80% 83 A-O J-J 1955 jAIowa Cent Ry 1st & ref 4s_ 86% 73% 104 6% 102 101 10 ••*..*. 76 Vt 12 *106 V A-0 Int Rys Cent Amer 52 ;48% 158 ' y.. 1st 5s B,—.—1972 Int Telep & Teleg deb gold 4%s—J952 Debentures 5s—— 1955 A... 90 81 'A 76% ' j.—1956 §AInternat Hydro El deb.6s 1944 Internat Paper 5s series A & B—1947 Ref sink, fund 6s series ,103 81'A 79% h-.yy:y^- 51% 72 99% 260 ' AAdjusttnent 6s series A,—July 1952 A 1st 5s "series' B— 1958 . Vy-r /■ 76% 74% f.— 61 . 76 J-J- 4s ser D— 7 <: ' J-J ref. mtge -vV V *99 /y y-^~ /F-A Alst gold 5s series C— 50 85% 51 *67% A-0 89 ^International Great Northern RR— Alst 6s series A————"-—-1952 60 88'A 50 90% 19 J-D 102% 60 49% - 88 1963 1st 102% 103 8 60% 51 109 102 10 103 *68 82'A Indianapolis Union Ry 3%s ser B-1986 Inland Steel 1st mtge 3s series F—1961 108'A 109 9 ■.y--y *85'A j-j j-d 5 lowa 1st gold „4s ...,.1950 tAInd & Louisville 1st gtd 4s_——1956 108'A 49% 85'A 80% 105% *59 j-d 85% J-D 107'A 103 ,1951 —1951 J-J 1963 104% ' V 88 1st b ref 4%s isertes C„ 10 102'A 102'/a ,j-d 99% 83% 65 50 107% 107% 102% 95% 11 59 •109'A -- 57 85'A 85% 108'A 108 Va 108% 99% J-D 104% 104% m-n 98'A 1963 . 99% "99 85 Joint 1st ref 5s series A—; 65% . 83»2 104 100 ^ y 4." • .i4 F-A 65% 60 . ; 100% 74 r. J-J 59% 65 94% ,, ^,1951 fipringfieid Div 1st gold 3'As Western Lines 1st gold 4S— HI Cent arid Chic Bt L ft N O— tno 111 Jf-N 3'As_l953 ,3s..:— Bt. Louis Div & Term gold 3s Gold 3%s 104'A 105% 60 •56 j-j 103'% 5 60% 60'A j-j 102% 14 103% 104 ' *100 90% 84 61 *101% 105 Omaha Div 1st gold 103'% 23 102% 103 % 103% 104'% 25 8 102% 104% J-D J-J Bridge gold 4s Louisville Div & Term gold 107% A a-o 106 ' y^-iyy 48; 274 '79 1950 1951 Litchfield Div 1st gold 3s—" 106'% 14 a-o j-j Cairo 107% ,;y ' -^-' 5 .: ' v -4%s—^^-'1966 117% 105% 129 107% 107% 107 % " j-j — 84 84 75 „_iy53 Refunding 5s_„—„2 40-year F-A gold 4s,—.; 116 22 103 .—1951 trust .. 117% *<117 117% tJ-J 103'A 103 *100'A Purchased lines 3 yaS—i,—1952 » •114 f-a 103 *100% 103 a-o Collateral trust" gold 4s_.——_ ' 109% UQYa „ 102% 103% 0 1 103 ., j-j' 1st gold Refunding 4s— 105% •107% m-s 103% 103 1951 1951 Collateral 105'A 103 ' 1st gold '3s sterling—u—_ ' 82% 74% 76% 104% 105'A 76% 103% j-j ,1951 — 3'As Extended 105 j-j " gold 4s 1st gold 97% 100 10 99 98% 1981 Bejl Telen 2%a series A 3%s__. 1st *100% 99 m-N 1955 14 107 y2 105 % 106% Jf-N — 74 54 109% 109% *109'A 110 105% a-o 1948 20 16% Feb 1957 ^ income 5s 105% j-d 1948 83% >108% 109% J-J gold 5s——1949 A-0 —,— , 106 100% 101% J-J —1954 Hudson & Manhattan 1st 5s A A-O A-0 37 *107% A-O j-d 106 106% 91% 91% 101% lf-N ,1999 1937 debs Co Gas 1st Hudson 107 f-a A-0 104% 106% 48 101% 101% A-0 1969 103% H 91% 80 D—^ Hocking Valley Ry 1st 4%s JSAHousatonic Ry cons gold 5s »121 21 mtge lnc 5s series A— 40 104 A-0 Corp 3s 106% 105 : 34 82% 16 1959 Greyhound 18 105% 16 I 83% Gulf Mobile & Ohio 4s series B——1975 102% 102% 85'% / ■ 108% 108% 108% Feb — 111% 111% 83% , . 106 J-J Feb & West deb ctfk A— ctfs B ; ADebentures , extended to M——__1$80 J-J 1st & xeJ 3%s series 84 _~ 104% 104% J-J A Green Bay ' receipts Publishing Co 3s deb Gen « ' 1967 mtge 3'As ser K—— -I960 mtge 33/»s- ser L———1970 Gen __ ADeposit —1977 mtge 3%s series 1 Gen 94 Va 83 104'% , 15 107 321 35 122% 122'A 110% 111% 108% j-j T *101% 94'A 94 105'A 131% 106 Va 88% 91% 122% 1973 : 107% 85% , 104% 105% J-D i 15 86% 89'A 17 93% 92% J-J C General-4'As series E *82 m-n — 91 92 J-J :5s series General 4'As series D yly j-j 1952 93% 92'A J-J 128 'A 95 76 42 29 General 103 % 90% 8 45 39% > 130% 131% t 4 108% 105% 106'A 90 % 42 105% 40 V , 119% 108 j-j , 41% 72% 70 7 4 2 2 42 7 108% 108% M-N 40% 104'% 3 105% 105 42 J-J 120% 120% 106'/a 106% __ 70% 78 71 70 J-J J-J 107 102% 31 95 j-d 1969 receipts Castings 5'As M-S 1952 Gen 14 105% 104 J-D 85 106% 102% 103 103'% iy e J-D 1969 . ■ 3 j-d 1963 1970 103 Ya 104'% 1947 97'A 49 103 61 104'A 104'/8 103 1949 i, F-A Co— RR 1st 5s Steel debs F-A ,1948 ,1956 1958 1951 1954 1955 1956 1966 inc conv t-A 1945 1970 *__.- M-N 57 . 92 *76% j-D 1958 61% 55'A Great Northern Ry Co— 1. General ,5'As series B— 95 *95% Jf-N 1 — Grays Point Term- 1st gtdr 5s 102% 102 •102'/a 105 93 59'A . 62% 93 28 59'A deposit JA-Georgia ft Ala Ry 5s„ Oct 11945 Certificates of deposit,,,; ifiAGa .Caro-& Nor 1st ext 6s ,.1934 i Certificates of deposit——• Goodrich- (B F). 1st 4'As,———1950 56'% 56% 92% 60'A j-d 1948 1950 1961 1972 1973 1977 receipts gold receipts __A7V2S series A extended to Curtis 78% a-q A Deposit series B 81% 159 95 60% Gas ft Elec of Berg Co cons 5s„—1949 General Realty & Utilities Corp— •'" 76 '/a a-o 1977 1991 1990 ,1970 ADeppsit A6s 68 Va 54 m-s 2'As s f debs— 1950 Crucible Steel 3y4S s f debs—,,—1955 JACuba Northern Ry 1st 5Vis 1942 A Deposit 76 Va 4 106% 107 100% . *100% jf-a 86% 103% 29 85 99% __ 118% 103% 103 — 86 *115% 103 117% — 105% 77% 103% 48 j-j Crane Co A Cuba <104% 1,551 85 105% 103 140 J-D Machinery Corp 3s debs——1958 Food 54 y2 92 105% 104% 19 103% - *118 1974 Francisco Sugar coll trust 6s 48 % j-J 1993 ;3%s_, ;3%s 1st mtge 34 74 Va 79'/a 79 79 j-j 1966 " 1967 3'As„. mtge 3'As 1st 21% 85 1952 1st mtge 1st mtge 17'A 76% 76 >A M-S ,1961 gold 4s„1948 3'As,.—1970 4s .,1959 debentures 3%s debentures. 3'As debentures Consolidated Oil conv 1,865 103% 103% j-d Commonwealth Edison Co— Conv debs 3 VaS_. 1958 1st mtge 3s series L 1977 Conn Ry ft L 1st ft ref 4%s 1951 Conn River Power s f 33/4S A—-—1961 Consolidated Edison of New York— 3'As 19'A " 1980 May 1952 (stamped modified) Columbia g & E deb 5s 4%s Debenture 5s , 105% 1959 1st 4%s of ACertificates 81'% *103 Jf-N J-J deposit—; JFioriaa East Coast Alst ft ref 5s series A 69 •103% j-d 1993 St L Div Columbus & H V 1st extl Columbus ft Sou Ohio El Columbus & Tol 1st extl 105 a j-d 1974 Ry— jChic ft St Louis General gold 4s General 5s series B Ref ft impt 4%s series E Cin Wab & M Div 1st 4s 82% 102% 1,025 18 'A j-d 1969 f 2%s :ser G 1st mtge Cleve Cin 18% of Certificates 100% 96% 76'A 73 Va 105'/a 96 20 10514 74 Va 1958 JAFlorida Cent & Peninsular 5s—1943 101 95'A 53 102 92% 104'A 402 i — 104% 105% 105 Jf-N 1961 Fllntkote Co 3s debs Jf-N 1957 — JAChoctaw Ok ft Gulf Cincinnati Gas & Elec 1st mtge 3Vis—, 101 99 3%s.„.,.,.1971 mtge Firestone Tire & Rub 3s deb M-S 1943 deb 5s 5s 94'A ~a~0 1962 F_, 2%s ser G Indiana com § A Debenture 88'% kx.' Chic & West mtge 98 2 99% 100% j-j 1963 1963 1952 1st 92% 93% 101 M Union Station— mtge 3VsS series 1st 61 100% J-J Southeastern 1st 5s Income guaranteed 5s ACertificates of deposit 6 97'A l6l% 1st > 106'% 106'A 194 Div 10 ' ' 88 155 :i. 104 Va 104 *1£)6'A - 106 105% 30 91% 89% 89% 104 A-0 M-S High Low 21% 16% 93'A 97'A J-J ,,,1951 1960 Dec 11960 gold 4s Memphis Div 1st Chic T H & 15'% 105 .95% 106 106 'A J-J 1951 3%s Gold V. 41 J-J ,1934 1952 ,1960 1951 ; New Orleans 5s 15 18% A-0 1988 gold 4Vis, AConv 17'A 18'/a r-A ACertificates Chicago St L ft Ohio 16% J-J .,1927 of deposit gold 4s JASecured 4Vis series A 21 73% 18 '/a. J-J 1st 5s stpd I ARefunding Gen mtge inc 4'As series A 2015 1st cons mtge 3 'As ser' E—,-1964 J-J Island & Pacific Ry— . 80 J-J Jan 1 2000 North Western Ry— mtge 4s ser A 1989 2nd mtge conv income 4Vis 1999 Des Plaines Valley Div 4s 1969 Sioux City & Pacific Div 4s_.~1969 JChicago Rock AGeneral 4s 86'% 73% 17 j-j 1st & gen JjAChicago Railways 25% part paid 91% 79 23 January JL Sold NO. High 105% 106 i,-"' J-J 85 Va 56 i •" J-J 74% 74 j-j Chicago & 1995 series B 80'A ar-N 1973 ivi 4s coui, 86%. j-j RR— tChic Milw St Paul & Pac AMtge gold 5s series A AConv adjustmeut 5s, Raijroad Co— 1st Range Since Bonds Friday's Low Erie J-J or Bid & risked Sale nice re nod High Loiv No. High Last Interest Exchange 79 J-J Refunding Sold Week's Range Friday BON' u a. York Stock New • *831 J-J 1947 gold 5s series B 1947 A Refunding 4s series C 1947 A 1st & gen 5s series A 1966 Aist & gen 6s series B May 1966 Chicago Ind & Sou 60-year 4s 1956 JChicago Milwaukee & St Paul— AGen 4s series A May 11989 AGcn gold 3'As series B__May 11989 AGen 4Vis series C May 11989 AGen 4V2S series E May 11989 AGen 43/4S series F May 1 1989 A Since January 1 Range Bonds Bid & Asked Sale Price> Low tChicago Ind & Louisville A Refunding 6s ser A yyy: Week's Range or Friday's James Jones 93 j-j & 95% 88% 82 >103% 104 .y. ;:' 103% 104% ;y. W-V' ;i wAi 1st mtge 3s 1970 Ry 3Vis series B—1965 Dayton P & L Dayton Union Hudson 4s extended—1963 & Light 3s 1973 JDenver & Rio Grande RR— § Alst consol 4s 1936 f § A Consol gold 4'/as 1936 jDenver & Rio Grande Western RR— Delaware & Delaware Power 1955 AGeneral s f 5s AAssented series B Des Plaines Valley Ry— See Chic & N'western Ry. Detroit Edison 4s series F Gen ft ref mtge 3%s series G ,Gen & ref 3s series H . Detroit & Mackinac 1st lien gold 4s ARef & impt 5s A Second ft Tunnel 4yaS Chemical deb 2'As Dul Miss ft Iron Range Ry Dow JgADul Sou Shore ft Puquesne 2 107 107% 98 105% 105% A-0 106 107 % V ' 1 103% 105'/a 107% >107 4'4 '' y; ■ 'v A ' 7 V / -A Kanawha ft Mich - -.,4 if 60% 60% 61% 155 .59% 68% j-J 61 61 61 % 16 60'A 69% 56 5% • Kansas City f-a f-a 8% 9W: 7'A 8% 191 54% 7% a-o 55'/a 58 - 5J/a Ref 12 . 10 A 63'/a ? 54% ft 1965 A-0 108 107 108 . '•'•106'A 108 30 1968 M-S 108% 108% J-D 107% 107 y2 108%. 2 1970 1995 3 _19t>l 1950 ,1965 J-D 49 J-D Jf-N 49 *25% 112 M-S 112 - J-J 51 Va 102 % 106% 106 1 53 51 J-J 55 106 y2 30% •/' 110% 112 Va 108 108 49 28% 29% 112 Va *102% 103 A-0 ioe.<* 107% H 14 102 y2 108 . 4'As unguaranteed .A.— ' W- El L ft P 6s-_. Lighting 1st 5s— 1st ft' ref 6'As Koppers Co 1st mtge 3s„„— Kresge Foundation 3% notes lAKreuger ft Toll 5s ctfs, J-J 1961 v1 " — - ; ■•: a-o -1964 ,1950 .1959 y 1st cons Elec Auto-Lite 2'As debs Ed El 111 (NY) Elgin Joliet & East Ry 3y4S El ' Paso & S W 1st 5s 5s stamped Empire Gas & Fuel 3M>R-,r For footnotes see page 688. M-N y 104 1950 J-D ,*103 1970 Jf-3 *106 J-J 1965 A-O 1965 A-O iyti? J-J •152'/a 106% 107% 107 *100 % 108 107% 102% 103 17 „ 12 173% 175 — y;,. .. 6'A %' ■ 109 110 104 <14 . 8 109 109 102% 2 109 ®' ;.y 3 102% 103% 518 4% 8 y Light extd 5s 1945 F-A 100 A-O .1953 '.r 100% 100'A 151 102'A 103% 107 106% 109 108% 100 100'A 101 F-A J-D 107 J-D 100 2 28 100'A 100'A *104 107% 21 101% 105% , 8i. 101 ino% 107% 102% 100% 100% 104% 116% 106'A A—4 106% 116'A 105 % __ . 103 % 103% jf-a jf-a 103 58% 45 105% 151 1 — ,,:y; 103 3A 104 1997 116% lW/a 95% ■97 ; 109 .1007 1956 1993 81% 101 *107% 109 y .1960 1st 5s gold 5s ; 109% Laclede Gas East Tenn Va & Ga Div 92% 63 67 *100'A *175 A-0 j-j 93 *103% , j-j — :■ '' -1954 y Kings Co 80% r: ■.-A!" vi -k *103 ■ J-J 1997 Kings County .. 1961 95'A *64 j- j-mk: j-j 1961 93 84% 81% 2 68 '< *118% .J-J 1987 , — 94% 81% 95'A 48 84'A 81'A 94'A 95% .J-J ,1961 4'As stamped ; 81% •" ' A-O Southern Ry 1st 3s__ -1950 5s Apr 1950 103% 103 'b-$v %■ 84% " Kentucky Central gold 4s *103% •■■w--/ A-0 impt Kentucky & Ind Term \>f'm 1 A-O »••.•>?■• -kk" Ry~ City Fort Scott & Mem §ARefunding gtd 4s_ ;— ACertificates of deposit——., JKansas J-J K -j-;'•" 1st gtd gold 4s. .1990 Plain 3l/2S 1962 Atl gold 5s_11937 v Light 1st M 3%s. M-N 142 '104 J-D j .-,1995 gold 4s Detroit Term 1978 107% 107'A j-j 102% 103% Co Ltd— Alst mtge income reg_. Lautaro Nitrate Lehigh Coal & Nav s f 41 55 53% 1975 Dec 1954 J-J 105 1954 J-J a-0 1045 U-S 105'A 50 3 *105 1965 55 '< ... *104% 1063A 1 — 99% 99%- —. 55 104% 9 105% 104% 105 104 104% 99% 99% Volume Number 161 NEW Friday BONOS New Stuck uik I WEEK FOR ENDING FEB. 9 Bonds Friday's or Friday ttONDS Week's Range Last Interest Exuuaiig* BOND RECORD YORK RANGE 687 & FINANCIAL CHRONICLE THE COMMERCIAL 4359 Week's Range Interest Exchange Muck Last Period For* New Range Since Sale Price u u. Ked .x bOiU Uioh Low A jaii-a.y or Bonds Friday's Low NO. High N tehigh Valley Coal Co— iso sink tunc! 5s rei s*:ik fund 5s 100% ijAJy* 5s 100% ~6 99% 100% 100 % . 100% 99% F-A 1954 rei & 5s 4</as Lehigh Valle.V N Lehigh Valley 93 4s modified.—. stamped 4%s registered modified stamped & Eastern 1st 50-yr iVl ttu. Guaranteed rei gold 4s Louisiana & Louisville Gas ■■'ii -h'„. M*cK Louisville 5s 1st J-J *i • «t Vn 7 deb 3'As ANon-coHV deb 85 48% 50% 86 ANon-conv deb 4s 57% 47% 9 M-N 47 __ 65 79 85'A 49% 5) P4 80% 80 82% 91 A-0 53 v 4-0 M-,V M-S *126% . A-0 107'A , N Y & 106% 107'A N Y N Y 81 earn 106% (AN 104 105% 39 104% 105% 1966 M-S 105% 105% 105% 10 105% 107 1945 M-a 4s V4 3 -A- — *101'A J-J 4%s RR ser M-N 3 102 % 102'/a 'V-i. *100% *114'% •-.' " 84% M-N 114% Y 71 62 68% 84% 16 83 Y 1st Shovel 1 s A-O 1947 os_ -1- 75. •' ' *102 a-o Mrcnigaii Jack 20 102% 108 3 99% 1st & 19 2 16 & 3s Inc ser mtge 4s inc ser A B_. series .Hy 4'As 1967. V; . J-J 106'A 52 Va 63 Va 26 33 15 15% 15 11% 95% 95'A 1 93% 109% 109% I 95% li.-'- : 7 : 28% J-J 20 96% 110 j-j 27 34'/a 2 109 109% 2 108 £'■ 109% 109% A-0 1998 A inc. RR 4'As serips 5s A A "92% 108 91% 53 107 108 registered 54 89 V2 ,133 j . *34% 95 47 k<\ 59 : 132'A 133% 133% 132'A 134'A 108% 113 106'A 108 *131 m-s *121% 3' q-j X . 245 110'A 113 112% q-j *106% — q-f 77'a 74% 73 73 75 r 72'A 284 78% q-4 Jan 2047 — -2047 19 92% 53 ' m-s —1°74 Id gold 3s ry 81 109 132 28% 27% M-S 6 79% 71 76'A impt 4%s series A 2047 j-j '92% 90 93'/a 240 87 & 2047 j-j 104'a 103 105% 312 99% & hunt.6s series B impt 5s series C 2047 j-j 96% 93% 96% 60 93% 99 Rr imnt 2047 j-j 3:96% 93% 97'A 75 93 'A 99 105% 107 102 102 108'% 109 5s F* <;pr<es 1st 1st F-A —1974 mtge 3'As 105% 106% F-A .—1967 1st &/ret mtge 3'as mtge 2%s *102'A .X.: 3 : m-a 1964 94% 107 — *109 110 91 — 9R & 14 1st 6 45 Gas RR ref stind 265 73 1990 295 77% 84% 83% 86 66 82 74'A' 72 75 66 70% 78 1978 A—Jan 196*7 j-j 78 79% 38 74% 81 229 64% '.74 74 76 75'A M-3 ?si/4 101 76'A 74'A 34% F- A 33 M-a 75'A 74'A 76% 544 73 74 76 137 72% 16% 17'A 7/3 14% 20 A-O 75% 74% 76 80 72 % 82 */2 -:v. 75'A 74'/« 76'A 83 '/a P»»A 284 72% 82'A 22 «*-* M-S 79'A 84 P4 107 107 3 106% 108 1 107 1965 Montana Power 1st & ref 33/tS-;—1966 Montreal Tramways 5s ext 1951 Morrell (John) & Co 3s debs 1958 Morris & Essex 1st grd 3'As 2000 Constr M 5s series A 1955 Constr M 4'As series B !9o5 Mountain States T & T 3148 1968 A-0 112% 112% 3 111'A 105% 106'A 11 10*5/8 Ref 96% J-J 102 M-N 14 98 96 2 102 66 65% 67 % 158 M-N 74 72 74'A 60 M-1V 67'A 69 >A 107 67'A * J-D M-N 108 'A 62% 69'A 77% 64% 108% 109% 1C9'A 109'A 73'A 108% 109 109% M 3s tANaugaluck RR 1st gold 4s 4'As Ri Til 1st. 40 107 102% 103% 105% 106 8 105'/4 106 M*N *103% 96 97 96'A 99% 4'As 3114% 114% 15 124% 125'A 5 3^,v ,3' F-A M 1986 P & L 1st mtge 3s—.1974 5s A 19«3 . • ,.-.;Lt3 ' j-j 107% : 105% j-j 105% :: 107% 106 106 105 ' j-j 1952 Orleans Term 1st gtd 4s——1953 5s Inc 5s series A 114% of 4 Vis • of 5'As series ACertificates ... y General 5s General gold Phiiadelnhia 106'A 104% V 107'/a 15 70 741/3 18 .. 3v- ? 8 3'A V,:- 3' ■ • 84% r 80 86 »A 85 .. .1950 F-4 1954 4-0 33- 83'A :85 " 5 81 tfjj" 333533 % *82 li'O&.-.X** 3:'3.y Vt-S- 81V 83% 84 86'A 3 87 80 • '3; 30 . 83 Va 86 80 ■' '■ .■ - 81 81,3 83% 83% 90 83 : 88 deposit— deposit 86% *85 :.:»^'3.-3 51 3 -'.V RR 4s series A j-j, 3 F-A 87%' impt 4'/as series A 2013 A-U 83% Ref & inmt 2013 *0 1997 j-j series & Hud River Y Cent C 3%s— registered gold 3 'As 3V2s 1997 92'A , : :• • 1st & • and 1st a-1v... 3.06 'a 108'/a 108% 34 107% 108% 106% 106'% 14 106'A 106% 107% 108'A 107% 108'/a %:;.y m-n •','•'•3 104% 104'A 105% 65 104% 105% f-4 125 125 125 5 124'A 125 V8 j-d 123% 122% 124 104 118% 124 130% 132 48 J-J 125 A-O 105 4-0 Apr 52 Series 4s XX-"' 105'a J-J 101 100 Series I 105 87 ff 48-3; 101'A 91 15 92 - 95% Series J 1953 —1957 4'As guaranteed 4'As—1964 1970 cons 104'/a Gen mtge 5s series A— 97% 101'A CZt>r\ mfiro Gen mtge 3%s ser E 87 92 82% 85% Pittsb Pitts tf Ko ~ ^ ®^15 —1975 ' 3'/as registered 1998 registered- 3%s New York Chicago & St Louis— 4'As series N Y N Y Edison 3 y»s series 1st lien & ■> 25 83'A 88 *82% fey " 88 84 — 81'A 81% A-O f-4 102 102 1965 A-O iuo'/8* )/<« r JfJSV, 1960 A-O 1948 J-D 1949 F-A ref 3'As series E <N Y Gas El Lt H & Pow gold 5s Purchase money gold 4s see page 688. '177 102% : 103 103'A 103'A *108% 109 ' . Steel 1st -•: • ! ■ •% .112% 113 luav2 roa'A 103 • . . . • 10.0% 102% * 8 105'A 108 »A 3 . 107% 107'A 107% 1st gen 6 ; 119% 113 'A 1st 4 v2s b 109 1 1st mtge 4'As series C 109 110 lit gen Pittston Co 1st 4s 5s series B5s series C_ series 5'A D inc deb ser 55 133 6 106'A 104% 105% 99% 100% 105'A 105% 106'/a 4 . 104 2 106 106 .3"V3 131'/8 133 106 106% — 33 106'A 10 102'A 102% 3.'"'v.'•':/•' 102 V4 103 102'A 102% — 66 101% 102'/a 102'A 102% M-N 27 101%°i02% j 102% aoTy. A.; - 34 '*': 3';-'3;.3' XX' M-S *104% 106 3 — 234 104% 106 106'A f-a 106'/a 10 17% 19% 16 17 5 15% 102'A 103 32 101% 106 j-j •.'.•':'%3#— 15% •120% *102 M-n 3 35'A 207 104% 181 203'A 213 207'A M-N !18% ^03 '• v. r~ ?■ F-A J-D *112'A m II -• *113% 114'A F-A 113% ljl3% *123 M-N 123 123 2 128% i30'A 5 \.v'; f-4 m-n '• ' 129% j-d *123 ' . 129'A 129% "130 129% 132 'A 16 105 107 10 100% 103'A 106'A 11 104% 106'A 106% 106'A yi-o a-0 1 104 Va 106% 87 87'A 6 84% 89% 86 86% 13 84% 85% 87 43 84% 131 ; O <0 M-N 106 j-d r j-d 1959 1960 1948 j-d 1962 1974 F-A j-d 87'A A-O 1964 ;. 81% fiC85% j-j 1977 Pitts Young & Ash 101 '128% % .. v'-"-'.-.. • T.r> 1950 - 99% 99% 104% 105 133 M-N j-d 1st 4y2s series A_—_1958 1st mtge 4'As series B 110 106 F-A 84% 106'A 105% 105 106 j-d 1950 mtge 4'As 3 103% 71 - 1st mtge 3'As_1964 1st mtge 4%s series B ; • 107% 107% 1 —— 112%' .. Coke & Chem Pitts & W Va —_"».951 D " ". 86% ■ 1965 gold 4s_„ footnotes \ 1 hi' • m-s RR 3y2s A Y Connecting 1st F-A *86 1978 N Dock ; F-A 1998 Mich Cent coll gold 3'As F-A 1998 ; 49'A 17 ——1945 1949 100% 78'A 46 M-a guaranteed 4s——I960 1963 cons cons 109'A : 42 52 *107% "... M-a A-0 ,-1964 Gw4s guaranteed Series H 108'A v3 83'A ;,- .—1937 -g\ -4s guaranteed gold 87 105'A 49% . . deposit— guaranteed E,3'As gtd gold. D 103% 81% 83% 1964 Phillips Petroleum 2%s debs Series 126 118 108% 108'A m-S 1949 — 124% 118% ' J-J 1973 132 118'A 77 104% 105% . 126% 47 -122% 124'A 123'A 126 f-4 2%s——1971 1967 —-1974 1st s f 4s *108'A .: __ 4-0 1961 - of ACertificates 3 108'A 108 'A 131% income 6s -3' 106% 124% ' — ■■.77'... .3._3' *108 j-d 4'As ref 2%s (5 A Philippine Ry 90 94 U3% 111 105% j-j 2%s ref mtge 4° 9 8"% 113% 109% 3 J-J tr & 1st AConv deb 6s— 78% • 1 25 3 ■ m-n 1974 Series a-. 105% 106'A 106'A f-4 Philip Morris Ltd deb 3s 196? 3s debentures —*—u——1963 82% 103% 104'A , ' . 110% - 105% •L-i— series C——1977 coll Co ref M 884 • • O-i,-- 4-0 ; B 4'As ibk : f-4 -—-1956' 1980 1952 series Electric Phila • 463 «■. 88% 85% 103'A F-A ..... __ 86% 813a - j-j 1998 Lake Shore coll ■ ■ . 00 .1998 & 109 ,108'A -'«.•' *105%—- vvvv- ;—1981 B Seriis Ref 106'/4 109 VV'L. '113% 113% Pittsburgh Cine Chi & St Louis— > 1 105% 104% 110 110% 111 ' 82 106 3a 105 333'/ 105% . 1965 1968 A 4'As series C_: ; Phelps Dodge conv 3'As deb Phila Bait & Wash 1st gold 4s— 107% 106 '.*21 ~ J-J -1969 1974 gold 100 104% X ' 5s 108% 105 j-j 1974 Marquette 1st series A 5s——1956 125'4 106 23 •' .73% 73% 84% F-4' Newport & Cincinnati Bridge Co— General gtd 4Vas 1945 Y Central 106% 107% 72 *107 j-d •'vt- Union Ry 5'As Pekin 81 Gen 1958 A of 101% 105% 3 3 __ *103 •* U m-n Eastern 4s ext.—.--I960 AIncome 4s_———————Apr JQ90, 100 28 105% 106% — T-q deposit D series ACertificates l-O deposit - of 101 5 110'/a 110'/a 3':-. X' • r% M-a deb 123% .1 105% 5s_1949 3y2s series series 107% 1 j-d m-n & 1st 114% - 1954 —— C series 5s 106'A 108% 108% j-j .-1952 cons (Philadelphia & Reading Coal— Aref 5s stamped 1935 deposit 1966 4'As series E mtge Peoria 98 (New Orleans Texas & Mexico Ry— ACertificates ■ 99 95 'i 1 100 100 M-a 96 25 95 3/ m-n 1st ref & imp 4'As A Certificates 105'A 104% 105 Va 106'A 106% 4-0 1955 4'As 3s B General 4'As series D— Pere 30 95% 93 j-d Orleans Great Nor of 105% 105 2 105% 105% j-d 1960 f gold s P L ■ 1^00v B series debentures Peoria — '96/ . J-J -—1961 RR gtd 1st 4s series B 104% l 78 16 *105% ■ j-d 1971 1974 1st 4s series B j-j 1945 1945 1952 England Tel & Tel 5s A 5s l <<■ 105% 106% 105 Va j-d 1984 —£ Peoples Gas L & Q ref 5s—--*-1947 107% 5 98 107 Vi J ser; L_ & Passaic G & E General 1948 . 5s gtd 4'As series B- 93 103'A 103% A-O 1954 Consol Gas cons 5s 99% 107'A 107% F-A J-D series Power & Light Penna Gen M-a 1978 3s—.—1965 England RR gtd AConsol gtd 4s 103'A 101'4 lOHA >3-Xiav'- > j-d 1966 1970 mtge 3%s series C 'Conv (A New 101% 103% 107% 108'A j-d Pennsylvania RR—■ Ccnsol gold 4s__ —— —1948 4s sterl stpd dollar— May 11948 Gen mtge 3%s series C 1970 i Cons sinking fund 4'As 1960 N mtge 106'a j-d 1964 Tel 3'/4S & General series A 1940 Pennsylvania Glass Sand 3'As 1960 Pennsylvania Ohio & Detroit RR— 1st & ref 4'As series B -1981 1st .& ref 3%s ser D-1968 . Dairy Prod 3V4S debs 1960 Distillers Prod 3'As debs—-.1949 gold 5s 4s Gtd 4s series E trust ctfs 102 72% Tel Paterson 98% 101'A J-D 1947 Fuel Gas 1st gtd 5e ACertificates 106'A • 101% 3: — Pennsylvania Co— 106 % SANon-cum 105 106 • 112'% J-D ref & Padurah 108% debentures El Panhandle East 107 108 O & N E 105 series G lsc Co & ref mtge.3s & Pacilic 82 17'A o 1st .1st 82% 7 F-A New Jersey 104% 104% j-j 1st & ref mtge 3'As series I 40'A A-0 J Junction j-j 1st & ref M 3s series K 1960 1st 1946 fis——394ft 29 P. 82 1960 Ry 3'As series B Monongahela W Penn Pub Serv— 1st mtge 4VaS Steel 103% 103'A Gas ; M-N 1949 1980 Monongahela National *100% Coast i'V:' .72% - 807 36 , M-N —1981 gold 4s—1991 I ref 5s series •"••• a-o 1965 -1975 1977 3978 5%s 1st & ref gold 5s series H Malone 1st gtd 106 *104% 106 m-n a-0 77 104'A j-d j-d Pacific 887/a j-j 105'A 84% j-j 108% 103 Va 1946 1966 5s Oregon-Washington RR 3s ser A—1960 80'A 84'A G series & St L 4s cons 21 108 12 1945 3%s 1st Pacific 77'A gold Chatt Elec & & Nav con •Guaranteed M-S 1974 2 105'A 105'A j!" j-j —1972 gold 4s Ore Short Lina 1st cons gold 5s 105'/a ' rntge 3%s 3s 162 108% 108% 21 1948 Transmission Oregon 6'A 103 6 103% 103% 103% 1st mtge Ontario -3 80V8 ref 5s series F & & *5% Ohio Edison 102% Oklahoma 12% x" 0 107 75'A D— A 1st AConv 98'A 1962 1962 A 1st 5s 104% *11% q-f J Lake Champlain Ry— (Ogdensburg & RR—r. series 5s 5 43 107 83% 4s AGeneral For 105% 6 31'A cu series §Alst guaranteed 4s 76'A (Missouri Paclfto RR Co— A 1st & ref 5s series A Ref 15 59 % 1955 1st 5s A 5a conv Southern ref '(Mum» 80 j-d Prior lien 5s series A 40-year 4s series B Prior hen 4%s series adiust 79% 75 '' J-J 1st 4s Missouri-Kansas-Texas ACum ' ' 100% 102% 102'A m-s J-J 1971 —1991 A 4 'As Kansas & Texas - 106'A Ref Ste Marie & Sault Paul Ct 10) 109% j-d 1939 4%s ext mtge A 1st 106 106'A 106 58% 15 Af-N ———.1943 101% 107 A 1st 5 Northern States Power Co— 109% *74 A 1st 82 % 6 *22 'F-A 105% 98% 107% a-o A f Con sol 105% 30 j-d (Minneapolis & St Louis RR— 3a3 a 1st & lef gold 4s , 1949 ARef &%xt 50-yr 5s series A_—1962 "4 24 1st ext 4'/aS—1939 tSAMilw & Northern A 1st 7% 74% F^A 1940 23% 4'A 25 3 106% 106%. M-N 1937 . gold mtge (Wise) 109 'A Michigan Cons Gas 1st mtge 3V2s_1969 HAMidland of N J 1st ext 5s——1940 Newark 1st 3%s. ooutncin mtge Gen lien 19 100 % 100% j-j M-S Mutual 1965 171/4 37 79 'A 5% 77 78% A-O 1 105% 105% m-n 1979 A 1st 71 107% 107'A ' •" .—1952 4%s series n impt Moh'k & 20 5% *1C0'% 101'A m-s Sag 3'/^s..,.......1951 & gold Ref Gen 34% central- Lans tMlnn 20 % J-D Northern Pacific Ry prior lien 4s 1997 4s registered— —.1997 100'/a 19 — M-S o-a 105'A 100 lub'/a I0i% M-N f-a 191 92% 62 Ref Metropolitan Edison 1st mtge 2%s_1974 wat sew & Drain oVas. —195U West Side El (Chic) 4s—1938 . 21'A 107% Norfolk & Western Ry 1st -gold 4s. 1996 North Central gen & ref ,5s 1974 104% f§ AMet 2 Af-N A-O 102'/a ivieirop 107% 107% % 27'A 80 207 Ref & 104 104% 104% 89 29% f-a 75 102 —- 100 92 65% 72% . Ref . * „— "tores deb 3'A-- 63% 28 1961 •■ ■ . 216 63% 201* V3Aa/V.'-,v ,-3 65% 28% West & Bost 1st, 4%?.—— Falls Power 3'As 1966 AGen 84% ; 91% • 91% 66 56'A 63% 1993 gtd 4S— 4V2S Lock.. & Ont Pow Nohojk . 74% *102 / 67 65% 57% 57 71 M-N 1992 gold 4s cons .Telephone 3''4S Niagara 114% 83% v Corp (gANorfolk 70 J-D 1st 5s A Terminal 1st gold 5s Niag A-O N 197 107 58% J-D 58% 107 loo'A — — 64% 333 -3:, 102'/8 . — 3. . J-J 100'A —- — u J-J 106 102'% .>■' ~ ~ X —1963 107% A-O N 60 60 64% 59%' ' 100 ' M-S rei 4s gold 8 A General N .1955 Stamped: VfcCron New 59 58'A 57% ■■'hhh-'i (§AN Y Susq & .W 1st ref 5s——1937 —• . 106% 55 *10o72 107 F-A A_—1960 (Southern Lines) 4S RR Steam Manon New J-J 1955 West s. Putnam jA2d 105% *11/078 1955 4s M-S 1952 gold 3s, J-J *60% N 65 1954 cm 1 Jt§AN |' 106% 107% A-O 1960 1946 1980 1945 4s AGeneral 119'A 103% 1st 107% 119 13 105 m-n 1st 65 56'A 7 1967 Queens El Lt -& Pow 3'As— 105 1959 N 56 51 Port Chester— 106% J-J 2003 Div (A Harlem River fo 109 'A 107'/a Sugar A Manila New 65 38 58'A - 1957 1927 120% 29 . *85'/a Nat 58% 58 % A-O 1940 4s 4%s series of 119% 3 . 104 107 rei 127% HP 107 M-a Hi 6s trust Debenture A 1st 106% — *-.. M-a 6s— 127'A •. _ 119% 199% *110% . M-a Nash 59 57% J-J duh 109'A ^ __ 4s sink tuna—Feb 1 1957 A Manila Bleu RR & l.t s f 5s 1953 iViauati Nat 93% 58 Af-N —1956 1948 A M Central Maine 6s 88 91% 58% 58% J-J § A Collateral 1 1st Cine & 56'A 55% 49% 58'A A—i969 series gtd Co 2d Montg Knox 60 47 51% 58'A 107 3%s series E Div 50 1 51% M-N - 3 1950 Gen A ■ 84'A 27 93% ■' ; Af-S 4-1955, 111 27 86 93 A-0 AConv 52% 192 W-N „ 45'A 104 gold 4'As Ry joint monon 4s & South , : 110% 3 8 5'A i > ' 1947 ..1954 A Debenture certificates 3'As . Nashville RR— Hi Louis co 119 mige Mob V ' High 110'A ■■33:/3'. Af-8 4s deb 47 '544 / •• Loio ",:-3-..3: M-N 3'AS 80%: .'3,833. 82% 85 ANon-conv 82-za <■■■': •'."74 . *111 Af-N 1973 90% 88 88 'A l'-A 4s ser'es B ext Paducah & Mem Div 4s Mo J-J January 1 108% ^ 116 *111 A*—1973 aeries B . 7 \x% A-O Elec 3Vis & Bridge rei & Unil 1st 2043 4s West & series ■'..33' *110 __ J-J $N Y New Haven & Hartford RR— / «!> Non-com uco 4a ' —.1947 1963 Ark Jell & Atl 93 X 4%s 1951 (P) Co deb 5s debentures St -i ,y;. *78 .. 3 33 1949 1949 1949 : stamped Lortllard 1st ■■ . -I'Mha rtii—... relics _cii Long Island unified 4s Lou ■ 1965 1951 5s gtd Liggett & Myers Tobacco 5s -..ih 3s '-"f- -''-- ' i • •• • F-A Valley Terminal Ry ext 5s_1951 Lehigh 4s r 2003 2003 2O03 2003 2003 registered 4Vas Lex V'. 90% 90 ■- 2043 series- A Mtge 4s series B N 93 90 ' -< Af-N —2000 gold 3'As Range Since Sold No. High ■ stamped 5s Y F-A —1974 1954 ext— 1950 5s__. RR— modified 4s Harlem ANon-conv gtd Term Haiinu 'VV-..- 1974 fund 5s stamped—-..—.. Vai 'vu X-irX-3.i964 sink rei 5s' F-A 19o4 stamped. & 1st Len & Mtge 4s ' isl it Y Bid & Asked Low L Sale i-»icc Ptiiuu; -X- A-O 87 .* • q __ 106 *106 89% 89% 106 *122% J-D *1x7 98 98% 10 943A '98% THE 688 Monday, February 12, 1945 CHRONICLE COMMERCIAL & FINANCIAL YORK BOND RECORD NEW WEEK ENDING FEB. 9 FOR RANGE Interest Period Stock Exchange New York Last Sale Price or ; il960 1st 4%s Portland Gen Elec 5s Terminal 4s Gas 3%s 1A Providence 1 ref mtge 3s 1st & 5s 1st & ref mtge 1st & ref mtge 8s i ~4 Af-N •iooy8 J-J •110 II — J-J •149% J-D 1972 A Spokane Internat 1st gold 4%s_..2013 Stand Oil of Calif 2%s debs 1960 Standard Oil N J deb 3s__ 1961 2%s debenture :1953 Sunray Oil Corp 3% debs 1959 Superior Oil 3%s aebs _ 1958 Swift & Co 2%s debs 1961 : 103 31% *224% UO „ 110 II y 1964 2%s deb 100 % 20 y2100% Ref Reading Co Jersey Cent coll Gen & ref 4Vis series A Gen & ref 4%s series B; 4s— .1997 106% 106 % .1950 104% •125% -1967 U-S •110 3%s series H -1967 Gen mtge 3%s series I 1969 Gen mtge 3 Vis series J 1934 f§AR I Ark & Louis 1st 4%S-___. -1949 | A Rut-Canadian 4s stpd -1941 15 A Rutland RR 4 Vis stamped— Gen mtge 98 y8 84 71 60 17% 17% 43 24 105 107 13 106% 107% .2000 J-D mmJrn ' 130 135 100% 104 100 104% 1-0 1960 1947 1990 1998 4s ; Rocky Mt & P Bt L lien 4s Prior ser iSt of deposit stamped ACertificate of deposit A Certificates of dep ACtfs City & 3s Gold 4V2s Gold 4 V2s Pac RR 1945 Devel & gen 6V2s ' m-— " " 1-0 Af-S __ 107% 108% 107% 6 5 108 106% 52 106 1063/i 106 107 106% 17 105% 107 107 109% 106 108% 108% 109% 19 107 107 107% 3 107 107% 105% 105% 105% 9 105 105% •112% 100 98% •109% — M-N 7' 99% 100 . „ 109% ■V' ' 1 106% 106% A-O 109% 112% 112% 106 106% w — 106 % 106% MS 22 Af-S •103% J-J 104% 106% 103% 103% •111 A-O — 105% 105% 105% Jf-0 "2 101% 105% 108% 19 106% 108% 1 101% 102% 108 86 88% 100 % 18 •60% 63% 106 % 1093/4 106% 9 106% 107% 280 92% 98% 33 106% 107% 6 105% 106% 90 J-J 107% 107 % 107% 98% 107% 96% 97 2f-N 107% 107 J-D 105% 105% 105% 21 Af-S 106% 105% 106% 105 105% 137 105% 1063/8 101 % 102 M-N 19 1013/4 1023/8 82 78% 70 .74% '<+*■** 109% 110 102% 103% J-J 80 79% 81 J-J 77 75% 77 M-S / *109% 60 102 3/4 103% 103% ' J-J 86 AflN 23 A-O & term 1st 4s—1936 of deposit 3%s 1968 Public Service 3%s 1971. 108 .21% 104 V0 105 117% 117% 79 311 87% 80 % 85% 19 6 23 23% ' 20 23 *19 Certificates 81% 20 231 85 85 85 85 v'y'—' 104% 105 *117% 118 87% d83% A-O J-J .1949 106% 109 % 109% 109% 105% May 117% 105 109% A-O 1958 1960 70 117% 5 106% 106% J-D Af-S 100 3% J;,. 60 "l 117% 117% J-D 2361 & Lake Erie RR 4s 1949 Steel 1st 3%s series B—1966 89% 100 *103% J-J Wisconsin Elec Power Wisconsin — 94 84% 120 100% 100% Q-Af JASu & Du div A 91 88 F-A 2361 1st mortgage 3s 1st 4s 93 Apr A-O 90 76 Apr 1951 guaranteed 101% 101% 101% J-J 20 108 J-J 108 1 106 108% 109 109 1 109 109 ."V: 96 3/4 96% 923/4 99 92% 91% 97% 93% '475 Af-S 339 853/4 943/4 Af-N 92% 91 93% 473 85 94% Af-N 91% 90 921/4 106% 106% 306 1051/4 106 130 1053/4. J-J ".'v'f 128% 118 97% ''i 128% a 95% 37 113% 118% 117% 119 116% 116% ; *116% 106% 107% 14 106% the 107% 109 108% 109% 9 108% 109 % 107% 107% 4 107% 0 cn d Xx-lnterest. e Odd-lot sale not sale not included in the year's range, r Cash sale included in the years range, bonds. ^Companies reported as — 106% J-D > .; 105% maturity. tThe price represented is the dollar quotatloi per 200Accrued Interest payable at the exchange rate of $4.8484. being In bankruptcy, receivership, or reorganized under Beetlon 17 of Bankruptcy Act, or securities assumed by such companies. •Friday's bid and asked prices; no 6ales being transacted during current week. pound unit of J-J 35 105% 106% 106% §Negotiability impaired by 115 40 delivery sale not Deferred Included in the year's range, n Under-the-rule not included in the year's range, y Ex-coupon. 97% 153 118 118 ; 106% 123 M-N 1960 1063/4 1043/4 I Youngstown Sheet & Tube— 1st mtge s f 3%s series D 93% 84 105% 114% 1143/4 114% y ' 6 126 96% 1-0 J-J , 96 l-O 1-0 ' . 1-0 1951 1964 1968 104% F-A 1950 Mfg 2%s JAWisconsin Central 1st 4s A Certificates of deposit 126 108% 108% . 1st 4s & Co Wilson 107% 106% 107 107 J-J 1033/4 106 F-A 1951 1960 Winston-Salem S B 103 126 7 Wheeling 104%. >0 106 •130 F-A Wheeling ? 103 *103% 103% 106 3/4 107% A-0 105% 10 Af-S Registered 102%rr,o 102% 2 24 104% A-O 1967 1966 1952 1977 A___—2014 gold 5s i West Shore 31 66 80 Pac Westinghouse El & 101% .102%*'035 102% 103 112 203/4 15 :■ J-D series I Maryland 1st 4s 25-year 36%,^ 101% 7 102% 102% J-J 1990 1st, gold 5s 1st gold 4s— Southwestern Bell Tel 3%s B 1st & ref 3s series C Div Louis Div St ILwa:. 111% 24 106% *106% M-N A 30-year 5s 29% 67 36% 34 —— A-O 1980 1955 1958 1959 4%s inc ser Western Union Telegraph CoFunding & real estate 4%s .84 78% 5 3%s Power 3y2s ref 5%s series A & 1st 60% 53% 186 mtge Penn Western •K: ," *69% 1-0 1994 1950 1950 1956 gold 5s series A 6s Mem 82% J-J gen 60 102% 102% J-J & 52% 59 F-A 1955 & gen 4s 60 3/4 81 102% J-J 1950 Devel 1970 1971 mtge Western 43% 25 V; 106% f 4s series B s Gen 44 57 • 106 104% 104% 104% J-J mtge 4s West 44 39% 39% 58% 36 J-J 1947 Pacific RR— land grant 4s & series A 1971 4s inc series A-.-—-1981 mtge inc 4%s series B 1991 Walworth Co 1st mtge 4s 1955 Warren RR 1st ref gtd gold 3%s__2000 Washington Central Ry 1st 4s 1948 Westchester Ltg 5b stpd gtd 1950 963/4 53% 59% '-If. 105% — 112 *105 1959 1967 debentures 1st 96% 39% 56 • . 23 24 F-A Gen 25 57 J-J 1st 4s Devel 113 42%' 104% 104 — __ 112 A-0 Gen 89% 89 Va 86% 257 F-A Stamped Southern Ry 1st cons 105 42% • f 86 -90 42% 41% 81% F-A 1st ref gtd 4s Fran Term San South ; 93% 93% . '. T? 103 W 96 87% 17 93% 102% ' Wabash RR Co— — __ •81 1977 1968 1969 1981 Lines) A (Oregon 1st 4%s 106 ,90 57% 1979 Gold 4%s 1041% 103% 57% M-8 Pacific Co— Southern 104% 57 1950 1964 1963 1962 debentures 46% 90 92 92% 4i % y U-S —1952 Northwestern Ry Skelly Oil 3s debentures Socony-Vacuum Oil 3s debs South & Nor Ala RR gtd 5s South Bell Tel & Tel 3%s 40% 41 & Chic 48 41% ■ Bee 42 91 93 59% 52% 2 104% *100 J-J 81 16 250 1't *102% 77% 72 *128 __ A-0 All Fla 6s A ctls—1935 A 6s series B certificates-, 1935 Bhell Union Oil 2%s debs 1954 !, 23/4s sinking fund debentures 1961 l§ASilesian-Am Corp coll tr 7s—r194J 4s Pacific Div— 72 46 •92 f ASeaboard Sioux 103% A-0 1933 Co debentures 45 78% 103% 104% " . 91% 89% 35 s 91 76 •104% Trust)— 1st gtd 4s A Certificates of deposit Simmons 41 1-0 (Chemical Bank)-;.- of dep ACtfs 109% 87 % 76% 41 U-tf 1949 43 % 108 ' 1959 AAtl & Birm i? 37% •110 Af-S ; cons 14 74 78 A-0 Y Trust) (Chemical Bank) 6s series A ACtfs of dep (Guaranty A 1st 693 91 F-A 1950 5 ARefunding 4s ACtfs of dep .(N 56% 5 91% 57% • 104% 104% j-d Af-S 1959 —.1957 Va Elec & Pwr 3y2s series B 19R8 1st & ref mtge 3s series D 1974 Va Iron Coal & Coke 1st gold 5s__ 1949 Va & Southwest 1st gtd 5s 2003 1st cons 5s. 1958 Virginian Ry 3%s series A_„ 1960 44 Va 6 J-D 1950 unstamped §Alst gold 4s § A4s gold " 51 90% 74 91 55% It- N Cons 37% 109% 109%, J-J 91 56% 1971 Vandalia RR cons g 4s series 59% 51 2 39 J-J 1971 1952 1988 Paul Union 38 J-J gold 4s_1968 4%s 1941 Depot 3ysS B Schenley Distillers 4s s f deb Scioto V & N E 1st gtd 4s ISeaboard Air Line Ry— St 38% M-lf bond certificates —1989 A 2d 4s inc bond ctfs Nov 1989 5 A 1st term & unifying 5s— 1952 AGen & ref gold 5s series A 1990 55 148 53% 39% 38 4s Duluth 1st cons f§ASt P & K C Sh L gtd 54% 55% 48 104 99% 95 21 38% io Louis-Southwestern Ry— St Paul & 5iy4 52% 52% J-J J-D .1953 Universal Pictures 3%s debs 48% 422 53 —1950 Certificates 1st 80 92% 51% 49% j-J - .1949 Gas & Elec 35-year 3%s deb Ref mtge 3y2s series A 101 95 50 104 A-O .1960 ref 4s income 5s 34-year 3%s deb 83 100% 100 95 50 % J-J 103% 'f; J-D 1974 United Biscuit 3y2s debs 100% 101 101 J-D .1980 of Mo 3%s 1st __ jlj of deposit ACons M 4%s series A 1978 A Certificates of deposit stpd—— A 102 87 United Drug 3y4s debs 1950 A A Certificates of deposit APrior lien 5s series B A 89% •81 Jf-N" 1959 5s stpd Francisco Ry San ISt Louis •83% A-0 81 80 J-J 82 RR of New Orl 3%s_. Tenn Union Electric Co 104% 105% 20 J-J Adir 1st gold 5s 2d gold 6s ISt Louis Iron Mountain & Southern— River & Gulf Division § A 1st 4s stamped— 19AJ A Certificates of deposit — Lawr & Bt 101% 104% f§AUnion Elev Ry (Chic) 5s Union Oil of Calif 3s deb 104% 105 105 102% 104 104 U 23 3s 4%s 104 A-O Pacific-Missouri— Union Baguenay Pwr Ltd 1st M St Jos & Grand Island 1st 124 A-O .1979 series D ref 5s & 135% *134 .1977 ref 5s series C & 106 21% 17% 98 22% 105 107% — 127 106% 107 108% 58% 18% J-J J-J 108% 51 112 127 __ 127 105% 106 F-A .1950 5%s A 1st gold 5s Tri-Cont Corp 5s conv deb A 108 y4 1 52% 51% 111 127 ' *1063/8 127 105% 107% Trenton 108% 108% 5 29 111% 111% J-J J-J J-J Jan 1960 Tol & Ohio Cent ref & impt 3%s>. .1960 .1946 Toronto Ham St Buff 1st gold 4s_. 111 51% 104% A-O AAdJ 79% __ U-S U-S 106 % 104% 104% J-J .2019 3s deb Third Ave Ry 1st 101% 108% U-S 106% 105% Af-N Pac 105 y4 ~5 74% 73 U-S 105% .I960 Texas — A-0 103% 3 106 .1959 Company Gen 104% 104 y4 62 101 99 99% J-J 104 1 8 104 *104 Af-N .1953 Texas & Pacific 107% 105 *105% Af-N 106% 3s .debentures Gen 104% 104 % -1977 Gas & Elec Corp— mtge 4%s series D Rochester Gen *107y» 107 % J-J Rand deb 3Via— Rensselaer & Saratoga RR Co1975 Gen mtge (4.7% for 1947) due ..I960 Revere Copper & Brass 3 Vis ,_1939 t§ARio Grande West 1st gold 4s_ ,_1949 A 1st cons & coll trust 4s A 107 y2 107 % • Remington 107 y2 106 48 105 106 95 106 J-J 104% 105% ;'.G, 106% 106% 106 603/4 103% 23 i 1st gold 5s Gen & ref 5s series B . 102% 5 106 106 y4 J-J .1997 VI".' •• — 106% - 104 106% M-N 3%s series B_. .1974 imp M 4s ser C & Texas 104% 105 106 106% J-D J-J J-D .1951 f gold 4s s Tixarkuna & Ft Smith 1-0 62 •60 *104% High HO3/* 58 RR Assn of St Louis— refund Ref & Jmpt mtge 100% R .1991 Low 110% __ X Gen ioo ; . Apr F-A 224% 224% Tenn Coal Iron Ss RR gen 5s J-J M-N : __ __ January 1 Sold NO. Uiah 107% 108 . Terminal Quaker Oats Pub Serv 4s Southwestern __ •107% 107% Af-N 26 27% 27% Af-3 101 5 103 102 J-J 1968 1972 2037 2037 Public Service El & i. •113 •F-A 1957 1956 Securities 4s 1A Providence 102 y2 •107% 109 J-J Range Since Bonds Friday's or Bid & Asked LOW »4ah 103 % 104 101 103 107% 107% 44 •ioi J-J extended to -1950 Potomac El Pwr 1st M 3%S—.—1966 "1st mortgage 3 Vis 1977 Pressed Steel Car deb 5s ——1951 J st 103% 103% 103% U-S Sale Price Tnm He Viah Low Last Period January I Sold Bid & Asked Interest New York Stock Exchange Range Since Bonds Friday's Week's Range Friday BONDS Week's Range Friday BONDS 107% J-J . ABonds selling flat. far bS !t| " t ttisfr if. CURB EXCHANGE NEW YORK WEEKLY AND delivery sales are disregarded in the week's range unless footnote in the week in which they occur. No account is taken of such sales in NOTICE—Cash and deferred in a 3,- and include ending present the of the week, and when selling ontsldc for the year. RANGE FOR WEEK ENDING FEB. 9 • STOCKS— *TOCKS - New York Friday Motors Wire Co 1 warrants common.. Sales Range . —10 New Shares Low Range Since January Supply Mfg class A_>_ Class j. 5% 5,600 2% Jan Feb Aireon 28% 28% 20 27% Jan 283/4 Jan Air-Way 19% Jan 20 Jan ~4% "4% ~4% 1,000 4% Jan 5% Feb Ainsworth Mfg common Air-Associates Inc (NJ)^ Air • Investors Convertible For ; 13% Jan —10 preferred page 693. 1% 12 % 13% 2,200 9% Jan 13 y -12% 1 2 common footnotes see —.5 —- 13% 2% 2,300 12% Jan 1,525 2% Jan 2% ■ . — 6 3 — Jan —- Alabama 50c 3 50 Electric Appliance Great Southern Co $7 preferred-; Alabama Power $6 preferred Alles & Fisher common—— Allied Range Sale Price Jan 13 3/4 6 Int.1 Investing $3 conv pfd • 0 1 • Sales Week's /for Week of Prices Low Par Mfg Corp 5% ■ 1 —1 B_ .II Friday Last Exchange High Low High 1 .28% ' Aero York Curb for Week of Prices Par ACF-Brill ■ Last 0" Acme Week's Sale Price Exchange. Curb the regular weekly range are shown York Curb Exchange for the week beginning on Saturday, daily reports of the Curb Exchange Itself, and i$,intended to current year. - '- ■ t ~ Friday security, whether stock every only transactions computing the range furnish a complete record of the transactions on the New 1 (Feb. 9, 1945). If3compiled entirely from the or bond, in which any- dealings have occurred during the In the following extensive list we ; Feb. YEARLY RECORD they are the 7% 4% 7 High Shares 116 116% 6% Jan 6,900 4% 108% Low 32,000 7% 4 108 Range Since January ; . 3% Jan 40 99% Jan v 20 1 High ' 8 Jan 4% Feb 110 Jan 116 Feb 117% Jan 106 Jan 107% Jan 6% 41 Jan 10 Feb Jan 41 Jan Number 4359 Volume 161 THE COMMERCIAL & FINANCIAL CHRONICLE * ' {6m NEW YORK CURB EXCHANGE RANGE Range Shares Low Class A High Jan 32V* Jan Burrv Biscuit Jan 31% Jan Butler 8'% ....* Aluminum Co common—_——J, —I* 6% Goods Mfg Aluminum Aluminum Industries common—. —-• — Book Co American Central Jan 193% Jan 400 15% Jan 86 Vo Jan 93% Feb Jan 1093/4 Feb / 24 90 93 y2 1,150 Mfg "2 3/a 2'/4 23% 503/4 48 Va 50% 15% 15 y2 16 J% 1 —-— 108 50 1093/4 109% 1 ..100 » 400 2V4 46 y2 113% 3,900 .—23 A Class B — — 50 493% 50 500 47 45 44 y2 45 150 43% —I 5 4J% 5 7,200 American Cyanamid Co common 10 American & Foreign Power warrants- 38% 39% A Feb -• 18'% 10 33V2 .33% 33% 6,500 preferred———— 100 American General Corp common—lOo $2 convertible preferred 1 $2.50 convertible preferred .1 American Hard Rubber Co— 23 American Laundry Mach— —20 American Light & Trac common 25 6% preferred— ... 25 112 y2 112% 1133/4 38 y4 650 425 American Fork American Gas & Electric—; & Hoe common: 38 5% 16 48A% 8% Cables Callite 31 Jan 33 5/e 111% Jan 113 3% Feb 8% 9% Jan 43% Feb Jan 51 Feb 35 35'% 450 is y8 18% 3.500 243% 54 55 Feb 101 101 18% Feb 26% Jan;' 26 V2 Jan 51 70 Meter Co.. . Potash & Chemical— ; American American ' —10 American Seal-Kap common —3 Amer Superpower Corp com —10c 1st $6 preferred— * $6 series preferred. • American Thread 5% preferred 3 American Writing Paper common • f ! Post Fence Anchor Jan 57 Jan 101 100 Va 5 V* Class 2iy4 Z Jan Feb Oil & Refining Co Electric Industries— Ashland Feb • 7% & 223% $6 Corp Central Ohio Central Power & 4% Jan 4% Feb, 19% Central & Jan Cessna 140 iuya Jan 113% IV* Jan 9% Jan 33% Jan 4% Jan 4 3/4 5ya 40,600 3% Jan 5% 10% Jan 103% 20 1103% 113 Steel curp Cities Service $6 Jan Jan Clark "9% ~9% ~9% 65% 60 68 53/4 9% Jan Controller Neon 1 Jan Cleveland Feb Clinchfield Club ~s% Jan Z ~9% Jan 58 V* Jan 68 Feb 2% Jan 234 Electric Coal Colon Plow Co Co Colonial Jan Colt's 17 1,800 143/4 Jan 5% Jan 18 % Jan 534 Jan 10% Jan 12 V* Jah 25 18% 5% Feb Jan 16% Jan ; Fire & 11% 12% 10 Va Jan 123% Feb 4% ^preferred series C 12% 200 12 Jan 3 3/a 8,400 3 Feb preferred Aircraft common Bell Tel of Canada. ^ Bellanca : ,12% Feb 3% Jan Consolidated Consolidated Feb 7 Jan Consolidated — 1 1 — ** • (E W) Jan 20% Jan Jan 3iy2 Jan Jan 5% Jan Copper Jan 145 % Jan Coro Inc d 43% 360 36 Jan 43 % Feb 45 100 45 Jan 46 7% prior (H C) l'/a 17,100 2% Jan v;- ' ■•'•••• 13% Jan 15 Jan 16 Jan $6 12% ; 1,300 Jan 143% Jan Cosden 11% 13 275 10 Vb Jan 13 20 3/4 22,600 15% Jan 20 3% 3% 3% 6,400 3 Va Jan 4 Jan 51 Jan 55 Feb Croft Feb & 1st preferred— Co Borne Scrymser Inc Bourjois —100 —.25 ... common ... 1st preferred 7% Breeze Corp • Aeronautical Brewster convertible Bridgeport Oil Co. Mfg Co common British American American Am dep rects dep American rets 19% Feb 11% Jan Crowley Milner & Co Crown Cent Petrol (Md) Jan Crown Crown 44 4 115 33y2 Jan 200 12 Va Jan 12% % Jan 1% Jan 4,200 37 V* Jan 600 1 48 3% Jan 4% . 48 38 39 3/4 725 351/4 Jan 39% Feb 34% 36% 2,800 28i/a Jan 36 >/2 4% 4% 300 1st "5% "6% 9 5,300 5% 2,100 37% 1,050 ■Z:Z9'Z 5% 36% 5% • 36'% ; - 43/4 Feb 12% Jan 4V4 18,900 93% "5% Jan Jan Jan 8 '/a Jan 5Vb 75 74% •■•'•V..: Jan 76 .1/64 Jan 271/4 311/4 Jan 11% ii . Jan 1 Jan A Jan Jan Jan Jan 121/a Feb > Jan IV* Feb 8% 8Va 70 Ve 7% Jan 100 69 V* 70 1,600 67y4 8% Jan Jan 70% Feb Jan Jan 110 Jan 7% 6 9,600 6%..17%. 7%i Jan 2,350 43 y2 Jan 47% 87/a, A 9% 2,100 8% Jan ov* Jan 115% Jan 115% Jan 9 i~ - ■, 2% 2% 20% 5% 21% 5% I 15% 14% —-• Jan 46%. .(47% 57% 21% 17% 7,100 2% Jan 1,200 18% Jan 6'% 23,600 4% Jan 15% 5,300 i3y4 Jan 108'% Jan 3 ?, -" 8% Ik 16 15 200 8% 18 Feb 3 Feb 25% Jan 6% ■ 16 Feb Jan \ :z% 120 110% 111% 17% 17% 8% 3% 105% 103 3V4 3 111% Jan 8% Jan J6 1,550 1,800 Feb 17% Feb 9% Jan Jan ZZ; lil Feb 34% 2iyz Jan Cork Cuban Jan 18V2 Jan 4Va Jan 4% Jan 10% 21% Jan 34 3% 800 26% 27% 13,300 1% 36,700 23% Feb 109 Jan 33 Jan Feb 3% Jan / 35 Jan :■> 1% 1 10 V* — Jan 11% Jan 8 Jan 15 Jan 9% Jan 16%, Jan 4ya 4% 3,600 9 — ioya 3ya 2% 2% - Lighting Inc Curtis Mfg Co (Mo) Jan 2634 14% 2~50 14% • 13 1 13 13% • 650 Feb Jan 10 y2 — 28 3% 5% • • — 2%; .Jan. 38 Feb 14% 11,400 300 Jan 26 Vb —- 26% 4% ZPeb. 26 3 4, Jain 35 " 26% —«j common- Jan 2Ve 500 ' ' Jan 26 Va —— * 2% 5; Jan 283% Jan IV* Feb 150 4% 25 800 9 V* Jan 3,900 10% 8 3/8 „ .—250 Jan 16% 8 5% . Jan 1 16% 1U% * . 914 25% Jan Z 18 6i% Jan Jan Jan 13% Feb Jan Jan 2,100 Jan 9 Vb 3,700 Jan 4. Jan 84 3% 33% 27% ——• International A Curtis 4% 950 16% Jan 2 109 ' i ....8 common Jan 15 4% Jan 16% 16.700 4 3% " Tobacco 20 "9% 10% 4,000 19 V* Feb Jan Davenport Hosiery Mills .-"Dayton Rubber iMfg— url9% Jan 5% 2% 6ya Z 2% ~2% Feb 5% 3,775 1,700 7% Jan 100 3,300 ;&?4'.2% Jan Dejay "43% 22 33% 5.700 5y8 91 35 V2 —. Jan Jan v Feb 'Detroit Detroit 53% Jan 9% Jan 36% Jan 10% Feb 10% 10 y» 11% 10 22% 6,800 20 Ve Jan 22% 450 lliy4 Jan 112% Jan 103% Jan 1% Jan 11% 7% Feb Jan Jan 11 % Feb —- 22% 11% den rots... page 28 112 — 13% 593. 112 y4 11% 2 > ; 4,100 25,400 ' 2 Jan 20 1 Mich Stove Co Z Am Divco 1 preferred. —— Diamond Shoe common ... Diana Stores Corp..———— Distillers Co Ltd— 4 dep rets ord reg Corporation Dobeckmun Co ■ 1% ——.1 88 101/2 H 16% 16% Jan 28 Feb .. Feb 151/2 500 4,200,*. 31 Jan 351/2 Jan, 171/4 Jan 51/4 Jan 6% Jan 10 86 -^.,800 9 Jan X371/2 88 Jan Jan S'^-300 11 Vtr Jan 'V/2 63/4 6% 28 Va 1% 7 291/2 16 **4l&n 16% Feb 21V4 Jan 29 V2 10 10 .• 1 1-.—£1 —1 common—* 6% ._ 1 -10 common Steel Products.. De Vilbiss Co common.; f i—_—. ... 6% Jan. 221/2 6,750 __ —_•,10% 1 : Gasket & Mfg. 161/2 88 50 preferred—. Detroit Gray Iron Foundry.— 15% 6% ...100 /6% Jan . 5 iclass A common debenture*. Detroit Feb 28 > 1 Derby Oil & Ref Corp Feb 23 Ve ««*. .31 24 35 $6 prior preferred... v 7% Feb 20 • 1 '•■:/ 27% . Stored——. Dennison t 27 24 >. 27 5% Jan — Class A convertible.;, 20% Jan 19y4 11 V see Jan 391/2 Jan 71 420 76 30 M.M — 4,300 21 ya Sullivan.—. For footnotes Feb 6Va Jan 108 Sugar ' Co common Burma Corp Am 9% Jan 35 70 Atlantic 4,000 91 Mills Ltd— & 6»/8 Feb 110 1. 1*0 Cuban 18% 27 preferred—.—. preferred. Hill Feb 3% 110 Feb Buffalo Niagara & East Power $5 Jan 118 Jan 21 ord bearer.—.. ord reg— Buckeye Pipe Line— $1.60 2 ya Jan 113/4 *' 17% $5 prior preferred (EL) Jan 12 36 % Crystal ; Oil Refining common—. —16 $6 preferred 20% 21 Brown Rubber Co common— •Bunker Brewing Co Drug Co common "V convertible preferred Jan 1,600 12% 4% Jan Jan 32 50 33 33 - Tobacco— preferred.. Bruck Silk 21% Jan Jan .1 — Jan Oil Co 'Brown Formart Distillers. Bruce Jan l3/a 81/2 250 ... fBrown Fence & Wire common—. ' 19 7/8 1,200 39% receipts (ord reg)—£1 dep Jan British Celanese Ltd— A 9% Jan 6,800 50 Petroleum 9% 17%f 10 —— Amer dep rets ord reg British Columbia Power, class A Class B —J.— Class Feb A Class Am Jan 10% " Brillo British 119 ya Jan 11% 1% 1 preferred lo% 1,350 Bridgeport Gas Light Co : Jan 8% Courtaulds Ltd— Feb 20%% 4% llli/a 213% 1%: 21% "l% — 300 % __1 common. 130 4,200 10% Jan 1 common— 13,400 110 k■'■■'■ ,Z Feb Jan _— 10% 12% — Jan 119 • Reynolds 19% - 45% Feb 121/2 — 10% _• 100 $5 2d preferred Brazilian Traction Lgt & Pwr 128j/2 Jan • 153/4 * —— BowiriattftBiltmore Jan 11 103% —50 53% 33 117 200 118 ;— 55 ' 7% 3,800 12 116 ; Petroleum Creole 19 VB 128 % ;v:>; —— Co preferred A 18 '/a 54% 20% ...• preferred Range Corr'von 5% • Co common Jan Jan 2% 19 • (S) & Co— Blumenthal Bohack 16 Ve 160 Cornucopia Gold Mines 12% 3% Feb 20% 10 Cook Paint & Varnish Co 4 12% .1 • 118% 123 ...100 18% 1 Ridge Corp common ; S3 optional convertible preferred Feb Jan it 116% 117 Co 29 » — common. Blue 1% 85 19% ' Bliss Jan 1,250 45,800 116% Fdy & Machine Co— 125 J.' Z' " Jan 26,400 Continental Gas & Electric Co— 200 2% V z; — Jan 1% -IlOo 1,300 ' Bickfords Inc common 1$ 118% 11% * ; 4% 45 ~2% Feb 36 Vo —100 Oil—, Corp 19% 37 43 % Birdsboro Steel Fdy & Mach Co com—• Textile Consol Feb Steel 145 • • Hedges common preferred— Berkey & Gay Furniture— & Convertible 113% Jan 29% 4% Feb 13% .160 19% 4ya 118 Jan 12% —100 29 29% 35 500 103 127% — preferred Consolidated Royalty loy2 900 13% 1 Gas Utilities V Mining & Smelt Ltd Retail Stores..—— ...^1 18 Jan 9 112. z Jan 50 118 Jan 35%. 1 Co series B preferred Continental 100 100 common Biscuit Consol G E L P Bait common— 8 % : 10% Feb Feb 16% 700 il/»% . 11% 111/2 Jan 950 Jan Jan Feb Jan 12% '-13 ''ZZ:; 1% 42 V2 Jan 8% 10% Jan Consolidated Brummel Ties.. 35 12% 12% Beauni: Mills Inc common.. U8 35 l'/e Jan IOVB 118 12% 41 Jan 100 rl% 42 5% 900 11% 12% 42 10% 11% 1 34% 16% 9% 11% —• 13'% Feb — 51/4 Jan 16'/4 —25 1 1946 Jan 200 Feb Feb 11% — wariants— ... Jan 7,400 Jan 4% Coke Secur common..—• 10% , Jan 13'/4 120 4,200 600 29% :*Z; Feb 106 4% 4% % 3,100 7 8% Feb v 11/4 Feb u 42,500 18 , Jan 200 extended to c Jan* ,J Ih 200 13% — Feb 5,500 3l2 33% los Andes- common.,— 43% V; 30% 18 preferred Consolidated 1st preferred 1% 120 32 11% 6'/a 1 100 32% 17% Feb Feb 10y2 ■ Jan >' ■ preference Commonwealth & Southern 12% 3 ~Z Feb 25 Electric— Gas & 32% ,4,200 .! 121/4 25 Arms Community Public Service Community Water Service Compo Shoe Machinery— Baldwin Locomotive— 100 Jan 118 1 Airlines Patent Columbia Feb 23 300 8% 50 Colorado Fuel & Iron warrants Feb 17% 10% ■10% . 120 . Jan 17 Jan* 91/8 Jan V ordinary Development 11% 200 24 150 16,100 • ■'■19% 200 25 • *. Feb 1,200 Jan V Jan —04 * 100 common. Jan ' 14V4 11 ... Utensil Aluminum Cockshutt Corp 10% . Feb 1.600 77a 1 17 Va 53A 114 8V2 18% 104 Va .1 Inc.. 9,700 12% Jan 100 90 20 Mfg Illuminating 2,200 25 113 9% 8% * 19% ■■ Jan 10 11 7,800 115 20 114 Jan 1,700 10 Co Lights & Lambert 17 6,000 23/4 Feb 114 9% 113 City Jan; / 3 525 113/4 . 3/4 1,100 2,775 /■■ Feb 30 115 25 • Jan 1 ' 8% 1 ...100 $6 preferred BB 8% "5% Jan 90 44% 105% 1053% .5 Auto Stomping. City & Suburban Homes 25 5 —1 • 100 1 10 20 1 441/2 10 • Feb "3% Feb _• Jan 14 1 Feb 42% • • 10 prefeSred B 16 shares— 13 9% _1 i 23'% $3 Steel Corp. Barlow & Seelig Mfg— $1.20 convertible A common Basic Refractories Inc Jan 3% Feb 50© preferred 60c V t Barium 291/2 1 common Feb 12 181/4 Jan 4 Jan It 1 Jan 28 % 100 ... 12% —30 16% 150 <8% pfd common 20 1 7fo preferred Baldwin Rubber Co common Jan 475 60,000 17 -Z'; 105% Utilities West l.ioo 25 • l'/e I8V4 113 113 • Proaucts Light 7 % South Conn Gas Blauner's pfd 5% 4,500 10% Jan 29% 115 100 pfd..l00 com 7% 16 Voting Benson Elec & Power 21 11 %E 6% Jan 17 w—'" 1 Consolidated Mining SChilds Co preferred Jan Feb Jan Jan 26 29 10 Chief Jan 1,100 Automatic warrants for common "*2 ®%, ~3Ve 42% • 1 Chicago Rivet & Mach Feb 6,200 15% Babcock it Wilcox Co — preferred..* Chamberlin Co of America Feb 4% 12 lllA * Aircraft Co common Ciictrjs Jan 25 Jan 4% " "2% • ... Cherry-Burrell common 5 Chesebrough Mfg 25 Chicago Flexible Shaft Co common—* Jan 3% Jan 3 20% 7,600 112% 113 V* 934 87/a Gas Central 800 61/2 5% 100 .1 ... Power Feb : Jan • • A. 2,800 Machine —. ; York % 1,800 25 "'-'Z Hudson New 125% Feb z- 22% Feb 200 31% 15% $1.50 convertible — of America Jan Jan Jan 6 6% 6V* 6% ' • Jan Feb,1 • 26 ,....25 >v = 3/a 18 8% Jan Jan, 8% Feb Jan 20 Jan Alcohol— .. 120>/2 Feb 1 Beau -• 15% ■ 20 9% Feb 100 - preference Central Maine 6% Products (L) Ltd Co & Co.. Central 6>% Automatic 7% .5 (A M) Jan Jan 2% Baumann 8% Jan : Catalin Jan Jan 10% 18 3/a de Jan Co com Jan 5% 2V2 American 7% (J W) 6% 3% 19 V* Banco 2,200 Products 15% 2,100 10% Purchase 8% preferred 44 18,500 5 1 Ayrshire Collieries Corp 7% common Jan 6'% Corp 5 7% 20 Atlas Corp warrants Avery (BPI & Sons common 6% preferred-. :1 class Jan 11,300 1 * 8 3/a Corp Carter Clayton Plywood Jan Casco Claude Drop Forge common Jan 6% Carolina Power & Light $7 reg..——.—£1 Associated Laundries of America • Associated Tel & Tel class A • Atlanta Birm & Coast RR Co pfd—100 Atlantic Coast Fisheries 1 Atlantic Coast Line Co 50 Atlas Jan 734 Co Carnation Co American dep rects Atlas 3% 400 1,800 Products City Jan 103% 103% 1103% 110% " 3% Jan "9 12 Capital Carman 4 3% 18% — —. Jan 8% Canadian Marconi Associated ; Feb 2% "SV* preferred 13% 6% 3% 43/4 2V2 Jan Feb 33 4y2 22y2 5 Metal Works common 2% Jan 4% ...—2.50 Equipment Corp Aro Art Jan 6 ;—: —10 Arkansas Power & Light $7 preferred.* Jan 1% Canadian Industries Ltd— Castle 43% 4% 2 2 Ve — _1 voting. Class B non voting 41% 2,800 93,100 —— ~8% 2% 2 7% Industrial 125 % 3y0 i; 2% 2% £1 .. A 6,700 43% 14% 5% A 25 50e 8% pfd— preferred 31 * preferred 6% 1% 81,100 33 14 * Feb ~7% Cement 100 33 43% Anglo-Iranian Oil Co Ltd— Am dep rets ord reg —— £ 1 Angostura-Wupperman 1 Apex-Elec Mfg Co common • Appalachian Elec Pwr 4%% pfd—100 Argus Inc — —— —1 Arkansas Natural Gas common—.—-• Common class A non-voting • * 2 >4 1% Republics— American 5 Va 10 Participating Jan 17% 425 100 Jan 32% ^ 100 1 • —• Jan ' — Maracaibo Co—.... 4% Insurance.. Fire Canadian ' American 700 Jan 35% Jan 19 350 Feb 5% ..500 Electric Power Tungsten 6Va% Jan 48% 23 y2 3»/a 5 Canadian Car & Foundry Ltd— Jan 41% common Co Preferred 19 125 22% Jan 5 Sugar Estate Canada Jan Jan Jan ' 3Hi —250 common American dep rets California Jan 3/a aV Jan 17% 500 51 6,700 Wireless— & Calamba Jan 1,350 43 y2 51 3% C |||,: Jan 39% Jan 3% Voting trust certificates Jan 5 Jan 9ya 43 43% 52 48% Jan Jan 9,100 is y8 Mfg 16% Jan 4 4,600 V* 183% American 2y2 Jan 50% Feb Jan H) Range Since January 1 Low High High 33% Cable Electric Products common Jan Camden .—25 class Convertible Jan 26 Jan (P Low _12Vao Corp.. Feb 20y4 Feb 280 Z Shares Jan 117 Power & .uight— Cities American Jan 112y2 100 23 I100 preferred..— 6%: American Beverage common. American ,36% 400 93 ~Y Ltd common Aluminium 413% 4,800 23 for Week , Jan 9 40% 39 y2 « 4— Jan 115% 117 20 V* 2oy4 39 y2 ..100 preferred—— Sales Range of Prices Friday Exchange Par 29 100 293% 293% Week's Last Sale Price New York Curb Range Since January 1 > Low High .—23 common.;— conv Altorfer Bros Co common— 9 30 ...10 (Mich)—.— FEB. for Week of Prices Par Products Allied WEEK ENDING STOCKS* Last Curb Exchange FOR Sales Sale Price STOCKS— York New Week's Friday 21% Jan 1% Feb 4'400«irfv'i,4w 5,900." 1% J an 27 Jan- 25% Jan 7 Feb 291/2 Feb 25% Jan 31 Jan IV Jan 18% 183/4 18% 18 Jan 18% 141% 14: 14% 13% Jan 15% Jan 13 1114 Jan' 13% Feb * 22 20 Jan 23% Feb * - 131/4 Jan THE COMMERCIAL & 690 EXCHANGE NEW YORK CURB FOR RANGE Exchange Curb Week's Sales Lasl Range for Week of Prices Shares ' . Sale Price '' 1 " ' Bridge Co Ltd '4% 1,300 5% common Sulphur Duval Taxas East class B common Hosiery Test Corp preferred prior preferred Malleable Iron Eastern States Corp $7 preferred series A $6 preferred series B 6% Eastern $5 Jan 80 Jan 43 150 38% Jan 50 Jan Hummel-Ross 84 Jan 9 14% A 2 Va Jan 234 Jan 84 % Huyler's common Jan Feb 81 4 Feb 1474 Feb Jan t% "1% ~2 3,500 54% 55 54% 1,000 54 Jan oaii 33% Jan Illinois "1% J«n 2 Feb 45% Dividend 55 Feb Jan 55 Feb Jan Registered Imperial Tobacco of Canada 47% • Feb Jan 8 Jan 11 Jan 18% 11% 974 Jan 700 n 9574 Jan 97% Feb Feb 99% 99% 3,900 97% Jan 100 % 82 83% 2,850 70 Jan 8374 % 100 % 12% 39 300 11% Jan 12'A 35% Jan 39 Jan 19% 22% 4,500 15 Jan 62 1,725 49 Jan 7% 7% Jan Jan Feb 43 Va Jan Jan '11% Jan Jan 174 Feb Jan 47% Feb 11 100 1% 44,400 650 9 600 8% Jan 30 30 50 29% Jan 30 4974 51 600 4674 Jan 54 174 43 Co International 1174 9% Jan Feb Jan Preferred International Minerals and & Warehouse Association (Phila) Co Ltd— Am dep rets ord reg Ford Motor of Canada- Co—25 10 —* B voting Class (Peter) Brewing new Franklin Co DistillingFroedtert Grain & Malt common. Fuller (Geo A) Co —1.25 $3 stock convertible conv 4% 1374 Jan 37a Jan 4% Jan 3V8 Investors 16 74 Jan 17 74 Jan Royalty Iron Fireman Mfg voting trust 45 VB Jan 5274 Jan Irving 500 9% Jan Jan Italian Superpower 6574 5% Jan 6% 2,300 Jan 2374 Feb 100 22 74 Jacobs > 474 Jan 2,200 29 314 Jan 18 18 % 600 17% 20% 1,400 17% 110 55% 82% 120 77 18% Jan Jan 100 Feb 6% 7% Julian Jan 83 Jan 87% 4 2,500 374 2,200 1' % Jan (AC) Gilbert a.. 8% 8 1974 Gladding .McBean 3,600 20 200 % 1,100 * 102% 104 ' 7 .7% Feb Klein Feb Kleinert Feb Kobacker Feb 18% Jan 874 20 , I4.57 ioi Jan 1 Jail F-Mv' Jim n, 2 ■ Jarf -7 3% Jan 1,500 274 Jan 97 98 280 14 14 100 i-W — 2% & Co Coal 25 112 (I B) Co 13% 20% 10 - Mfg Gorham Mfg Co Great Atlantic & Pacific Tea— Gray Non-voting 7% Great common Northern __ Greenfield Tap Grocery Stores Gulf State Utilities $4.40 pfd Gypsum Lime & 20 12,800 17% Jan 20 48% Jan 54 3A Id Jan 24 Jan 111% 100 109 Jan 113 Jan iir 22,700 1 Jan 9% 200 350 13 20 48 350 48% 3,500 9%/ l.bUO 135/8 % Jan Jan Jan 48 Feb 48% Feb Jan 974 Feb Feb ^A 47 1074 Jan 15% Jan 3974 Jan 774 13 86 Jan 97 Co 135 Jan 140 550 38 12% 13 1.600 9% 10 800 Jan ~8% 10 Hartford Electric Light 25 Hartford Rayon voting trust ctfs 1 Harvard Brewing Co 1 Hat Corp of America B non-vot com—1 Hazeltine Corp • 28 Hammermlll Hearn b% Hecia Dent Paper 9 Stores common—: 10% Jan J 4 125 7% Jan 8 74 10 Jan Feb 111% Ltd- Mining Co : 25o Jan 11% Heller Co 27% Jan 29 53% 55% Jan 574% preferred w w Common — Ja®(di.)s 8% 3174- Jann«<5 36 % Jan 774 Jan 8% 7% 8% 1,200 7 32% 32% 32% 300 67s 674 63A 300 49 .. 6% a- • Jan.fiiji' 10 48% Jan 12,600 874 Jan 2.50 Heyden Chemical common Hoe (R) & Co class A Hollinger J ■ ■■ : 50 Jan 1174 Hormel For (Geo A) & Co common footnotes see page 693. Jan 17% Jan % Jan 7a Jan Feb 1 % Feb Feb 22 6% Feb 104 Jan 1067B Feb 50 108 Jan 10974 Jan 10 109% Jan 100 2174 Feb 7t: 22 116% Feb 118 114 Feb ' Feb 32 9 9 25 23 800 Jan Jan 14% Jan Jan : 30 950 33 Jan Jan 9% Jan • 22% Jan 25 % Jan 80 52% Jan 70 43% Jan 8.700 37a Feb Feb 47 4 74 8% 4% Jan Feb 1 h Jan 1,300 7% Jan 9% 12,300 IS Jan M Jan 16% Feb Jan 17% Jan Jan 17% Jan Jan 61 Jan Jan 63 Feb Feb 11% 11% 67% 62% 1,960 58 Jan 67% Feb 2.800 66%, 577/2 Jan 6674 Feb 20VB 21% 7,400 15 Va Jan 21% 5% 24,700 3% Jan 5% Feb "574 Feb 6% 1% 1% V rroceterias Class iu — Corp vumiium—b & 62' 2% Jan Jan Jan Jan 28% Feb 31 Jan Jan 14% Jan 14% 1,900 15% 16% 3,200 14 Jan 16'3 8 Feb 450 27% Feb 28 Jan 3,100 28 3% 4 74 274 Jan Jan 4% Feb A——.* .♦ 8 b Feb ~7% 174 14 _• ' Brothers common Feb 28 26,700 14 27% Feb 1,700 2 31 16% 28 • 4% 774 1674 . Jan 55 60 60 ■: , - Corp Corp 60 60 : Jan 4% 500 1914 20 % 200 18% 12'A 12% 6.800 1014 9% 0% 9% 5,400 8% common..: 22 Jan 12% Jan _1 • I Exploration.; ' „ ' 32 V2 Jan Feb Jan ■ /"TWO4! Feb Jan 32 1,350 34 '/A 12 3 a ' • —- \ ?% • ?% 17% 1774 108 A 36 108 6% McCord Corp •' —A Dredging Mead Johnson. & Co— 'McWilliams —j. 17% -• 154 Jan 100 -1 103 4% 10474 16 9 6V2 % Jan Jan Jan 23% 3,400 18% Jan 2374 Feb 2078 21'A 1,300 19% Jan 21% 1,300 33 Jan 39% Jan 8 11% IIV4 11% 6,100 9'/a Jan 11% Feb 15% 18% 2,100 1474 Jan 18% Feb 14 Jan 15% Feb 40% Jan / , 25c Metal Textile Corp.— Participating preferred—r— Corp— Michigan Steel Tube— Michigan Bumper , ,4- 15 1-—-1 —2.50 A ' Preferred Micromatic Hone Corp — 10 -1 374 • - . —■ ■ 102 4% 4 ^■ 103 4% 4 14V2 3'A 9% IV2 xlOVs W 3% 9% 1% 10% 14'/2 110 33 Jan 36 6 v' 3,900 Feb Feb Jan Jan 934 Feb 1% Jan ,7% 7. ; Jan 8% Jin 91 50 96% Feb 16% Jan 4% Jnn Jan 3% ... 110 Jan Jan 5% .km Jan 3% 200 / Jin Jan 100 4.400 45 Feb 5 Jan 4 75 Feb Jan Jai> - 1374 3,400 9 74 18 155 Jan 474 2,000 / Jan Jan 144 140 4 Feb Jan 50 , 3 Jan 8% Jan 5.700 174 Jan 2.200 8'A Jan 1,500 Feb Jan 12% 6.800 450 •24 Jan Jin 874 Jan *3,600 1.500 6% Jan Jan 1 . 1,900 J ' 22% V 2.900 5 r-: — 1% Michigan Sugar Co 4% 96% 96% 14% 15% ' A preferred Messabi Iron Co Jan 36 5 \^^trr£ints Jan Jan 8% 18% Jan 700 9'A 9% 16% 18 153V2 154V2 14% 18 8% 1%. Jan 110 9% 1 3 Jan 104 160 6% A/AA,. 8.74 •, . 500 110 36 6% Ltd.—...——£1 2% 1474 1,600 2% 17% — 8 Jan Feb 13% Jan 125 — Memphis Natural Gas common.. 383/4 Jan 4% Jan \Mercantile Stores common — Merritt Chapman & Scott——— 10 5%' Jan 11% .? 2574 Jan Jan 2,000 Jan 4 2,500 41,100 100 Jan 5% Jan 28 Jan 18 Feb 2% 28 11 50 10% Jan 1614 28 15 300 Jan 1 Jan 25 " 9% 19 1,300 Jan. Jan 11 1,600 2,900 6% Jan 900 Jan 22% 13% 14% 38% 1 % 500 2,700 60 66 21 38% 2% 10% 150 35 38% 2,000 47 1 100 35 % • • Jan 16 14% 22 % • common Jan 52% 60 . Feb 10 Consolidated G M Holophane Co Horder's Inc 26 Jan 50 11 103 74 20% Jan 51% 17% 23% 8% Feb 23 300 15% 18. 5 Hewitt Rubber common 2% 174 11 8% Jan 3 1,500 Communication: Co Feb Jaflirjif: • 1 /H MargayOil Corp.—aa-aA? ,Marion Steam,Shovel., _• 9% Mass Utilities Association v t 6—.;..—.1' " 1% Massey Harris common • 8% Jan Jan 4 loo Henry Holt & Co participating A 1% 8 Mengel Stores——— ——— -1 ■ $5 convertible preferred—.— • Mapes Consolidated Mfg Co ———• Marconi Internat Marine Jan 4% 174 200 23% — 21% , Jan 2% 2,100 2,400 Lynch Jan 2 2,900 11 * Jan 10%- Jan 1,900 7% . Louisiana Power & Light $6 pfd Jan 174 • ZZTZ—2 common Jan 13 4 14% Helena Rubinstein 20% 16%; Louisiana Land Feb 474 1174 Feb 20% Jan 14% class Jan 250 28 1074 14V8 Jan 19% 54% Lone Star Gas Feb 974 1% 1174 Jan 18% 300 45% Locke Steel Chain Jan 2,500 11% 49" 9% 8,400 9 of Delaware 7% preferred Manati Sugar optional warrants. 28 18,700 874 Feb 4 174 50 preferred r Jan •7% Lit ^'■1 w. H 10% 21% 22% -5 —10 Lipton (Thos J) Inc 6 % preferred. 25 Feb 38 3574 110% 1074 Jan 5V« Lionel Feb Lamp Co——f Hamilton Bridge Co Ltd " Feb 20% 100 — Line Material Co Feb 300 Hall 25% 7% LoMnw 500 ~8 Jan 1 Corp Lane Bryant Feb 2,000 54% 97 — 25% 19 5 .—100 Lane Wells Co common—_———l Langendorf United Bakeries class A—• Class B—...— ———————* Lefcourt Realty common——^—1 Convertible preferred • Leonard Oil Development....—..—25 Le Tourneau (R G) Ih6 11 Feb: 137 • Feb 5,200 -• Inc Lakey Foundry & Machine Feb 100 Alabastine— Jan 21% 20% 93 12% 89% Jan 30% 1 135 10 Feb 20 13 Lake Shore Mines Feb 37% 85 500 100 116% 116% — Jan 97 __ Jan 1,250 116% 106% 109 % 110 135 28 & Die • Products common—25o Jan Jan 65 :) 6 Jan • Paper 3 3 Feb 66% 19% 13 Ve 13% Feb Feb 4% 4% 12'/8 13% G 6 ,4 106% 106-'« .108 % 109 /a 113 113 21% 22 . 4'% 12% Lackawanna RR (N J) 100 Certificates of deposit—.—.— 13% 8 2% Feb ion stock preferred 1st 9 Jan 2% - — Jan Jan 48 48% 10 1 ..—9 common Grand Rapids Varnish - 112 74 Jan 47 Jan 63 60% 20% 22% 9% 10% 21% Jan 15 9% - • Feb 60 52 100 300 2% 2% 62 88% 21% % 11V74 12% 74 115 Va Jan 57% Jan 60 ♦ 300 % ' Jan 700 110 Jan 1% 14 100 74 —1 • Mines 113% 20 52% 19'A 111 —• preferred Consolidated Gorham Inc class A $3 preferred $7 Goldfield 30 — Jan 19 53% Jan 100 common Rubber Co— Stores Brewing Kreuger Lamson 54% 27% 22 L- — Jan 1374 20'A —*. class A Jan Feb 12% 14 Va 20% 20% 20% 2014 10% 11 % 2% 325 25 — 24Va . Godchaux Sugars 26% 85 21% 13% 18 19% 650 12% Feb 1374 / Feb 27% 60% 110 18% 11% 2% 2% 52 * * • * Jan Jan 99 Jan 92 Emil) (D Kresge Dept Stores— * 4% convertible 1st preferred 104: Jan 84 112 11 1 • 10 1 Knott Corp common Jan 7, 8% Jan '•;• 7 "2 Va 274 11% Jan 12% Jan. — 100 1 Ltd Kirkland Lake G M Co 132 —- ■ 12% Jan 100 300 1 Jan 210 — r • —6 100 _ 16% 30 142% 14274 Petroleum. Jan —" — Co Alden 7% 6%' Jan 1,700 113% 113% 59 59% • 60% 68% preferred—100 9 A * * Elec 7% Inc Jan 1674 7 Ye • common Preferred Gilchrist 1% Feb Kiibv _ preferred--*.;j 7 Jan 1% Co nrpfATTpd- Glen 4 1% 7Va ; 12% 12%; 11% 61'% 61 % • • 1 (Walter) & Co.— Kings Co Lighting 7% pfd B 5% preferred D Kingston Products Feb 3% A stock • ' — General Shareholdings Corp com 1 $6 convertible preferred • 97 Gen Water Gas & Electric common—1 $3 preferred • %; — Geoigia Power $6 preferred— —• Rayon — 12% 113% 1 ctfs—* ——1 • Kidde Jan • 20 • A142% 100 £ — Adv 6% pfd Public Service $6 General General Feb V —" 1 * Central Pwr & Lt 5%% pfd—100 preferred.. — 100 preferred 100 & Kokenge Co—— .• Key Co common 87% 1% A— Ken-Rad Tube & Lamp Jan 10 Elec $6 preferred B General Outdoor 17% 17'A Jan 54 % .Tan 26% : Aircraft Engine Co Kansas Gas & , 9% Ltd— preferred series A Gen Gas & v."t Jan dep rets ord General Fireproofing common .v..-, .. 9% 2 * Co common Air Chute Kennedy's reg———£1 General Finance Corp common —1 5% 13% Jan 16 Jan • 100 preferred Amer Jan 5,100 16 16% Jan Jan Jan 60 •' • common General Alloys Co Gen Electric Co 17% 14% 53 200 Jan 2074 Jan 60 3% Jan 19% 59 i--' Jan Jan 34 Jan 650 3% 81% • Feb 24 Jan ',777: Gellman Mfg Feb (FL) Co Jeannette Glass Co Jacobs Jersey * 5 % 15% Jan 22 74 20 Va - 1 11 130 59 X —— preferred——. Gatineau Power Co 4,200 Jan ^ 1,000 3274 3% preferred— Power $7 Interstate 24 32 32% 1 Equipment Home Jan 374 bearer rets dep Am er Fox com Jan 4,800 • 3 15 __ 50 — —1 1% • VV 20% B 200 2374 2374 2374 Razor Utilities Corp Feb 163a Jan 12% 11% 50 .* A preferred 11% of France- Ford Motor . 2374 — non-voting A 15 700 15% 54 7A 16% 12% shs^..* • -——10 2,500 678 6 — 31 % — .———- International Safety 8,300 „ »1 Jan 29 6% Jan coupon Registered shares International Products 2,700 72 74 73 74 73% Ford Motor 650 Chemicals— Warrants— International Petroleum $3.50 Fire Machine Cigar International Metal Industries Interstate , • of North America Hydro Electric— $3.50 series International 12% 12% 3% 374 16 74 1674 48% 4774 1074 11 31% International 47% Fairchild Camera & Inst Co——1 12% Fairchild Engine & Airplane 1 3% Falstaff Brewing 1 — Fansteel Metallurgical * 45% Fedders Mfg Co —— Jan 16 100 . 1' 1 100 10 • —...—— preferred Insurance Feb 1% 8% 3% 15% 54 9 preferred Feb 4574 1174 1,600 16 £1 Common——. a 1 474 14;.; Feb 4% Feb 15% • Industrial Finance v t e common^.; 62 43'A common 10c $3 convertible preferred —1 Esquire Inc -* Eureka Pipe Line common 50 Eversharp Inc common—————* Feb 8-a 7 % Jan 15% „ £1 — 22% 105 74 105 % Equity Corp 467a 16 Indianapolis P & L 514 % preferred. 100 Indiana Service 6% preferred 100 Jan 100 54% '0 preferred 50 Empire District Electric 5% pid—100 Empire Power participating stock • Emsco Derrick & Equipment --S Ireland "it Feb iT? Jan 3874 12% Feb Jan Jan of Great Britain & Imperial .Tobacco Jan 97% . common Feb 90,600 1074 97 2574 10% 16% Jan 3974 "Jan 5,400 11 1 Jan Jan 1,800 m 14 47a 31 • Co Chemical industries— Am dep rets regis Imperial Oil (Can) coupon 17 conv Class 774 11% 43/a ctfs arrear Zinc 49 % 5,875 47 9% Light 2d pfd A • warrants ——— Electrographic Corp ~1 Elgin National Watch Co IB Federal Compress 77 a 1374 50 50 525 7% 900 Jan 23 43% , Imperial 4774 2,525 50 3A 6,800 • common preferred conv 465/a —1 1 • 0 .— __ Illinois Power Co 45% ——— Hydro 5074 25 Va 46 % 5 preferred Electric Securities ■dygrade Food Products 1st 2514 * Co... Ligonier Hussmann 3o-a Power & Co Jan Jan 875 84 48% Option 574% 1 374 11% 700 2% 2% Jan 10 Jan 300 4 1474 81 Jan 84 900 200 974 9 •} 25% 150 113 Jan 112 — 100 —8 Corp Fibre — 34- 3074 Jan 550 33% Feb 11 Jan 8 300 ' 11 9% 32% 32% /High Low High Low 1 Range Since January shares es ■ 77% '. for Week ot Pn — • • preterred 5% 100 374 B preferred preferred Elliott i common.. Harciart 80 12% 1 • • wasning Machine B Economy Grocery Stores Electric Bond & Share common $6 Co Hardart Baking Co ... preferred Electric & (Harvey; Inc. Humble Oil & Refining ■ • —• Easy $5 & 42% 42% Associates— Sugar Eastern C) (A Horn BO • 100 100 2ti * Fuel Assoc common Gas & 474% Horn Jan Hubbeil 10 * • 1 • Duke Power Co Durham Duro Jan Feb 7Ve ■ < Corp—;———————• Harris Co Driver 5% Jan ~7 — Draper ' Par High y Horn 25 * * Coal B Dominion Tar & Chemical Ltd Dominion Textile Co Ltd Steel & Dominion Low Sales Range Last Sale Price 1 Range Since January 4 Week's Friday Curb Exchange York New High 4% 1 • Domestic Industries class A com Dominion Low Par ' FEB. !> ENDING STOCKS Friday STOCKS York New WEEK Monday, February 12, 1945 7. ' FINANCIAL CHRONICLE 374 Feb Feb Volume ^ Number 4359 161 THE COMMERCIAL & FINANCIAL CHRONICLE new york curb exchange y New Yerk Curb y:y'v '.'yy■ ♦ y < Last Range for Week Sale Price ' of Prices Shares West Middle Midland 1 v t c Corp 5 3% 10,200 10 Jan • * 12% Feb Penn Water & Jan Midvale Co 31 -50 10 10 common- Abrasive Mid-West Oil Midwest Midwest Co ..'Y 12% Feb Pepperell 14% Jan Perfect Circle Co 1 • Feb 3% Jan Phillips Packing 8% Jan 10% Feb Pierce Jan Pioneer ~3¥a 2 Va 2 ir'c 28 3% Jan 1% Jan 4,300 2-fjj Jan 61% -.Y Jan 116 Feb 13 3 3% Feb Jan 14% Jan 9% Jan 4,700 2 ¥» 16% Jan 10% Jan 13 4,300 2% 2% Feb 1,000 10 ¥2: 800 3% Feb 3 Va Jan 2 Jan 2% Jan • 10% Jan 10% Jan Montreal Light Heat Producers Mountain 19 ¥2 19% 400 19% Jan 39 ¥4 25 38% Jan 40 1% 2¥a 7.400 6% 7% 1,900 ~1¥B 7 'A Feb 179 . •' 1% Jan: ' States,Power common——* 100 Jan Jan 2% .! 6% Jan 7% Jan 25% Jan 24% Jan 134 131/ Jan v Mountain States Tel & Tel .Jan - ' 18' 14% 15 'a 13%. Jan 11 Murray Ohio Mfg Co 11 % 10 Jan 11% Jan 90. 90, 89 Jan 92% Jan . - ———— ——?•% Muskogee- Co common j6 % preferred-. Gold * 19% -20 " ——1 common—.——1 National Breweries common———* lc/o preferred 25 Corp — • , 15 % Feb National National National National National Navarro preferred Nehi Corp 1st pfd-— — Nebraska Power 7% 43% Jan 49% 6.300 15% Jan < V/ ■■ '• •'•' Y >-■ ■■'' Y\Y.'. 1 *•. \ " ' £7 ; ":Y>Y"'' A 'Y' 7 11% 16,700 11 Jan 8% 15% 15% 14% 2,800 17 24'/a 24% 10% 12 13% 14 New Jersey Zjnc„ 1._ n v n y n y Mexico ft Arizona Feb 10 800 2,700 45% 400 1,600 . Jan Merchandise— 25 13% Jan 1% j ■ : 9% 38 Jan 3,100 7% 70% 67 y ; j.- 9 % Jan 8% 108%" jan -10% Jan ,.r 12% Jan 63 3,300 7% Feb 70% Feb Jan 23% Feb Jan 115 ; i Feb Jan 21% 25 23% 115 100 18 18 22% 65 % 64% 2% 200 ! - 14% Jan 3,000 2% : 300 2% 111 100 22% 65% t Feb 7% Jan Jan 6 1,950 22% 18 Jan 47 ' 23% 113 18% Jan . 20% Jan 64: 22% Jan 66% Jan Jan ' "5% 100 32 32% 200 30 % Jan- 16% 17%: 400 16% . 116% 116% Jan 22 , 105% v Jan # 32% Jan -: ;' 17% Feb Jan lt6'%jan 115% Jan 40 —. 3% Ja n 6% Jan 5% Jan 12 32 :; f 2% Jan — Jan Pittsburgh ft Lake Erie Pittsburgh Metallurgical Pittsburgh Plate Glass Pleasant Valley Wine Co Plough Inc common— Pneumatic Scale y n 17% pfd———100 67% Water Service 6% Niagara Hudson Power 8% 1st preferred common--—10 ——100 Northeast Airlines North Penn 16% 15% - . ;4% Feb 89% Jan 95% Feb Jan 91% Jan 17,400 13% : 107'; : NovadeRAgene Feb v« 2 Jan 2v4 Jan 1st 3% 1,500 x8s/a 43 Feb Overseas 1st preferred— 1st preferred 18% 125 68 Feb Jan 20% Jan 4 Jan 14% 300 13% Jan * * 16% 3% Jan 16 ¥2 Jan Jan 4% Jan 4,200 12% Jan 15 ¥2 Feb 25 6¥a Jan 7 ¥4 Feb 33 • 34 1>« 1% 600 67,100 . 33 1% lil6 11% '.p: 12 ¥4 Jan 3,200 3,000 ¥a Jan Y,% Jan xl 1% Jan 13 ' " ' ; 1 108 —— — 15% Jan 111% — — 15% 15% 108 108% 18% 15% 15% 18% 16% — 17% ft Engineering 5 Aviation — Goods Richfield Oil Corp. warrants.. 108 . 600 . ; 1 Republic Stix Dry Rice Pacific Public 122. Jan 130 , 500 37 36% 37 300 ..i.39% Jan 35% Jan 36% Feb, Rochester Gas 8s Elec 6% Roeser ft pfd d—100 53 ••t:;40/;;:v Jan 650 Jan 1 17 14% Jan 17% Jan 1,100 12 Jan 250 29% 2,500 22 ¥2 Jan 55 54 Jain 60 55 54¥4 700 60% 2 2va 26,900 24% 25v4 900 24 16% 18 325 7%. 8 y, 8 1% 1 1% 4,600 13 ¥a 1,600 Jan 12 Paramount 109 30 Jan ; 102y Feb Jan 17% Feb Jan 7 26 Va 500 8% Jan 30 Jan Feb 5% Feb Jan 25% Jan 117 117 % 115 115 50 110 Jan Jan 117% Feb 20 32% 32 Jan 111 Jan 115 29 Va 600 Feb 32% Jan Feb 6 Jan 6 Jan 9% Jan 10 Jan 12% 10 Va 13% 13% Jan Feb 14 ¥4 100 18 ¥4 Feb 18 ¥2 19% 4,200 18% Feb 18% 50 18 ¥2 fan 22% Jan 18 ¥2 Jan 11% 11 ¥4 —.1 .Plymouth Mills— • Telephone common..• $1.40 preferred a _23 Pennroad Corp common —1 7¥a Pennsylvania Edison Co $5 series pfd_* $2.80 series preferred 12 ¥4 35 ¥a 37 Jan Jan 108 1 Jan 110 -- ' 13% 9% 100 8% 5,800 6¥4 Jan 8% 200 7% Jan 4%; 3% 9,400 — 6% St Regis. Paper Salt 50 200 3.925 47,200 6. 14,800 6.93. Feb 2'/a Feb 18% 8 ¥4 Jan 6% 5 6% 9% 10 1 —5 7% 8% United Corp common — 3% 4% 1,100 • common Schulte (d a) common Convertible preferred Scovill Manufacturing— 24% 3% 37/'a Feb 76 ¥4 1,450 37 37% h Feb 7 Jan 10% Jan 8 ¥4 Jan Feb 4¥8 Feb 247/a Jan 3 ¥4* Jan 17,000 71% 25 25 ——* Jan 22 500 23, 1 — — 16 ¥2 15,400 ^ Co— Co 2% 18% 7 1 common Dome Oil pfd_ $6 Elec preferred Scullin Steel Cp Feb 3% Jan 3¥a Jan 77% Jan 70 ¥2 Jan 400 35 ¥4 Jan 37 ¥2 112% 113% 50 112 ¥2 Feb 113 ¥a 89% 12% 91 13% 280 88 ¥2 Jan 42% 42% 2% 11 2% 11% 19% • • 1 common Securities Corp General Bros Inc Seeman 19% 100 l¥a 1% 22,500 1,500 Feb 1 • • 11% 1 "l% y $5.50 prior stock— 5 25 — Allotment certificates 2% 13% 87 Sentry Safety Control .Y- ; t » Shattuck 1-5 Mining Denn common .25 pfd series aaa .100 Sherwin-Williams $3 cum x22% Jan m23vi Jan v: 13% Feb Solar 9 % Feb Jan Jan 20 ¥a 3,000 Co — —— Jan 14 450 84 Jan 87 ¥4 89 150 83 ¥2 Jan 89 1 11 4 Feb Feb ' i 1,000 4% 4 15% il-ij ■ l¥a'Jai| u jan 6 ¥4 Jan Jan 16 / 10 ¥a 4,100 3 ¥4 15¥a Jan 103%; 103 ¥4 105 300 111 240 110 Aircraft Jan Jan 16 ¥a Jan 107 102¥4 Jan 110 Feb 5 Jan 300 11 Jan 110% __ II 290 > Jan 112% Jan 20 ¥2 Jan 14 .j ; 14% 14 ¥4 Solar Manufacturing Co Sonotone Corp——... 20% Feb Y Soss Manufacturing common 13% ll5/a 8 8¥a 1,200 3% 3% 3 ¥4 11,300 8% Jan Jan South 29 Jan 31% Jan Southwest Pa Jan 67/s Jan Southern 79% Jan 5% 49% Feb 6% 8% 8¥b 3,800 4% Soufh Coast Corp common..^— 41 Jan Jan 5¥a Jan Jan Jan 6¥a 290 Feb, 5¥a Feb 4% 4% 400 111% Jan sam 147/a Jan •'10% 11,300 8 ■47 Jan 32 4% 5¥a — Jan 16 Jan 271 290 ... Jan Jan ■111% Jan 13% Feb ~5% "5% 285 5% Co. 37 Jan , 800 10% 12 preferred ¥2 44 1 ¥2 Jan 32 common: convertible 40¥4 ' — 18 ¥4 Jan 20 ¥2 Jan Simplicity Pattern common Singer Manufacturing Co__ Singer Manufacturing Co Ltd— Amer dep rets prd regis—— Sioux City Gas & Elec 7% pfd Smith (Howard) Paper Mills Feb Jan 20 14 6 Simmons-Boardman Publications— Feb 8 Va Feb Jan l ¥a Jan 87% U II ♦ Shawinignn Water ft Power 7% 8% ll7/a ■ Beton Leather common—. 111% 33% Jan 27/a Jan Jan 97/a 19 —1 Serrick Corp class b_ 5¥a Jan Jan Y 13% __1 — 8,300 -Y. 2 43% Feb 855/a 86 ¥1 — 12,400 Jan 13% Jan 4% Jan 42 ¥4 200- Feb 94 107/a Jan 7,500 ' * —— Segal Lock ft Hardware Seiberling Rubber common— Selby Shoe Co ; Jan 29 6 ¥4 30 6% : 200 32,100 5 ¥4 — 110 79% 79 ¥2 50 7 8 ¥2 49 ¥2 — 111 ¥4 • Jan 4 ¥2 2¥2 Jan 2% $2 conv prei— Class a Jan 100 v preferred——* — Feb 9 .. Y-7 ¥4 Jan 2%vJan 7%; Jan 4 "Jan 8 A Jan 3% Jan 8% 5 Feb Jan ' 2 ¥4 — Jan 10 ¥• Jan Jan 17% St Lawrence Con. Ltd. 7 Y 750 52,800 9% 37 19 ¥a J. ,..,.* Jan 107 800 — 36% • Penn gas ft Elec class a com— Penn Power ft Light $7 page Jan 70 7% . For footnotes see 40 % 36 111% 111% 19% 7% Feb Feb 11 ¥4 37/a ' Pntehoaue preferred Jan Jan 60 107 ¥2 107% 12% 10 Peninsular $« 14% 38 •• —, ... Parkersburg Rig & Reel— Jan 1,000 40 39 ¥4 - _i ... Jan 2,500 7% —, 117% 114% • Motors Corp Parker Pen Co 3 6% Jan 7% 18% Scranton Spring Brook Water Service— 4,500 Jan ■ Feb Jan 8% Ryan Aeronautical Co.. Ryan Consolidated Petroleum Ryerson ft Haynes common 13% Jan. 12% 4% — Feb 13 ¥a 22% 11 ¥4 Russeks Fifth Ave Jan 22% • 108 % Jan 17% Jan 2 ¥4 Jan 18% —. 12 Feb ' — Jan 18% Rotary Electric Steel Co Royalite Oil Co Ltd Scranton 1% 375 7¥a Feb Jan 1 Jan 106% Jan - 900 3 1¥» 4% ¥4 Jan 100 20% Feb 9% Jan : 21 ¥2 Jan Jan % Jan 40 107% 108% 108% 18 Jan 3% 8,600 Feb 25 ¥4 Jan Jan 2,300 4% 4% im 4% 2 ¥4 1% Jan 19 600 19 ¥4 Jan 61% Feb 7¥* Jan 20,600 19% Feb 55 Jan 14¥2 17% :1% Feb 29 ¥a Jan 2 Y Feb 7% r.6% Jan 14,300 100 Feb 18 ¥4 Jan 15% Jan lVa Jan 2,400 3 Jan 5% — Jan 18% 1% 25% 39% Jan l¥a Jan 16,200 57 $1.20 convertible preferred—. •59/b 5% i 1% 1% 55 Roosevelt Field Inc..,., Root Petroleum Co 100 109 __ 80 14 Jan 17% 1% 13 $6 107% 1st preferred xe-Hersey Tubes common Pantepec Oil of Venezuela Am shs Feb ' Feb 159 Jan 13 57 —.— 600 12 _1 $1.30 18 ¥2 76% Jan 156 1% 29 common 6% 6% • Pa 110¥4 Jan Jan 19 Pendleton Inc Rome Cable Corp 1 ~i% t% 1% • Service Jan 16% 27% "l% ~1% — —,—1 Richmond Radiator.— Rio Grande Valley Gas Co v t c Savoy Oil Schiff Co • 37% 25% 25 Jan 16% Jan 14 14 17% —• Reliance Electric Samson 127 37 15 __ Jan 111 ¥2 Jan 80 17 1%, 1% ———• Reed Roller Bit Co— Jan 124 37% 100 preferred— Jan 108 400 18% 14 1 Red Bank Oil Co—. Silex 1st 9 y 14% Jan 7,500 75 156% 158 common. Feb 100 100 Lighting $5 preferred Pacific Power & Light 7% pfd— Feb Feb i " / — 147/a 8% Jan ;: — — 78% —.—.—.——10 1 10 Raymond Concrete Pile common • $3 convertible preferred -• Raytheon Manufacturing common—50o 5% 5%% Jan 5,600 — « Railway & Utility Investment a Rath Packing Co. common 1% • Pacific Jan 1% Feb 60 % 12% Railway & Light Securities Jan 127 25 Y Jan Y 14% — — .100 - Radio-Keith-Orpheum option warrant!. 1% « 1st pfd Jan 51 -- 34 > — preferred Quebec Power Cp 19,200 1%; 29% Co common Jan u 11% — Light— 31 13% 14% --- v, — — '« —.—100 —,—.100 6% 1% 1 Can Jan 14% Feb 9.900 37/a Quaker Oats common 1% • Pacific Gas ft Elec 6% Feb 4 ¥2 ; 4y8 — -- Sherwin-Williams pf Canada-. Sick's Breweries Ltd Pacific 126 Jan 15 • 15% 6% 6% — 10 $5 prior preferred—,, — » Puget Sound Pulp ft Timber———• Pyle-National Co common 5 Pyrene Manufacturing. ——10 Jan 15% — Feb ' Jan 17% 117 68 14Va • 1 • ——1 1 — - 23% 106 'A Securities 43 680 700 700 300 64'A 18% 19 124% 126 4% 4% 66% 67% —, America— 6% Feb 25 United Filters b—— Oliver gva 9 — Public Service of Colorado— 19% - 1,900 Omar Inc " Jan 37/a Gas—— Providence 1,000 2,300 Gas common Jan 4,200 15% Corp 5,600 7% preferred- Jan 9 ¥4 19,500 4% 5 of Nevada Prosperity Co class b, Producers 20% 17% Oklahoma Natural Feb 4 ¥4 5'a 4 —,25c of Metals Pressed 19% •7% preferred—. Oh.o Public Service 7% 1st pfd Jan Jan- 4% 10 common—— Prentice-Hair Inc common— • 2% 20 16% Power 4%% Jan 5 ¥4 5% Selected Industries Inc common— Convertible stock Ohio 8¥a •37% Jan 7% Jan 29 V* 4 25 1 Pratt & Lambert Co Premier Gold Mining "2% 7% common. 1,500 Feb 4 2,300 31 7.50 ft "2% 16% Ogden Corp common Ohio Brass. Co class b 8 29 % 1 • Alexander,,. Power Corp of Canada— 13% Jan —1 ~* Corp x7% .'Feb 16% Jan Power class a——;25 Inc Feb 8% Jan Jan Jan " States northern 31¥a w'feb |v 6% Jan 105% 140 13 Northern Indiana Pub Serv 5% pfd—100 Northrop Aircraft Jan Feb ; __ Jan" Feb 69 Jan 82 1,000 1,900 7% ^ 109% ,v-3% Jan 270 106% 1071 15% 64 XA 2,100 i'v 19%' Jan Jan 107% Jan 43,400 91% 7 7 -1 50 rr Co 4% 95% ■ — " 510 4% —5 — 60 69 94% * 17. 500 87% % 4 ¥4 91% —— Central Texas Oil—. 17% 66 95 , preferred— —100 Class b optional warrants—3— Niagara Share Corp class b com——5 Class a preferred 100 Niles-Bement-Pond —• Nineteen Hundred Corp b.... —1 Nipissing' Mines. ——— 5 Noma Electric—-—-^4 —.1 North Amer Light .& Power common—1 $6 preferred • North American Rayon class a— ;• Class b common * 6 % prior preferred. 50 North American Utility Securities—* Northern 17% 108% 109 "y 2d 5% 30 77/a —50 .—.10 Polaris Milling Co ^loe^^an^ • —1 Electric & Gas $5,10 pfd.100 n y State 500 2% Jan -v' 6% *jan Jan 600 12% 6% 70% shares—,. 31'/a Feb . Power a Founders 31 —50 Pitts Bess & l e rr Voting 9% 12 7 y Jan 14% Jan 1% Jan a: 5% Jan;' 7v8 Jan c 13 Y- % Jan 12 "5% $6 n \ 12 % y 10 ——10 Light 7% preferred—100 preferred— — y Shipbuilding Corp— • y n 17 107 Auction Co common— City Omnibus warrants— Honduras Rosario — & y n Feb Jan 16% 14% 22% Jan r __ . Jan 11% Jan Jan 16 Va Jan Jan 300 6% 42% - 11 Feb 59% Feb 11 1,400 1% < Land————1 New Process Co common————• New 17 * 8% 14% Jan 100 6 6 • —25 New Idea Inc common—.— 300 24% __ : 200 13% — ,y England Power Associates • 6% preferred—-: — .—100 $2 preferred— ——• New England Tel a Tel— —,—100 New Haven Clock Co—— ——• 900 11% 'Feb 8% New Feb 12% lt%t. Jan 11% 13¥o ! , 14 ¥a 12% ' 450 17% 14 * 5 • -* Corp—*—— Neptune Meter class a— Nestle Le Mur Co class a—— ■ Feb 49% — 30c • 100 Radio— (Herman) Jan 3% 11% —12.50 — Oil Co Nelson Jan 16% National Tunnel & Mines common—-1 Union 20 Jan 2% 49 National Transit Nauonal 19% i6s/s common-——50o * Mfg & Stores common • Refining common-. 1", Rubber Machinery ;—•„ Steel Car Ltd———-—• Sugar Refining • Tea 5 ¥2% preferred— 10 National 3% __ National .Candy Co_— National City Lines National Fuel .Gas 700 38,000 20 2% 3 \\ ; Jan, 50 10,000 35 14% 1 Mines Ltd—,— Piper Aircraft Corp com Pitney-Bowes Postage Meter——, Common National TBellas Hess 37 36% 12% 30 Jan Jan 31 • Paget Sound Power ft Nachman Jan 170 Jan 36% — 25 Co——; 7% 100 . Jan 19% Jan 19 19 Muskegon Piston Ring 200 Feb 64 ¥4 ■ 20% Jan 39 ¥4 ——10 Mountain 170 19 ¥2 oe Mountain City Copper common 182% Jan 182 ¥2 179 * * ——• Ward a— & Power Moody Investors partic pid Montgomery 151% ' 13% common— Governor Powdrell /yy yy' Jan Jan 107% 114% 30 14 -9% ■ 67% Jan 350 16 ¥2 13 ¥2- ■;; Feb 450 116 15% 10. — Jan 3Va Jan 7,100 164% 167 High •4 Pan 57 1 106% 16 ¥2 • ; 65 116 . t 2% ' Inc—— v1 • v-■:v'•' ' 28% 1,300 3,900 62'/a 65 *""" -2.50 i Monogram Pictures common 1 Monroe Loan Society a— 1 Montana Dakota Utilities—.———10 Mojud Hosiery Co Corp Molybdenum Feb 1,400 27 7% Public Service common Missouri Jan 31% Low 3 12 % Philadelphia Co common— Phiia Electric Power 6% pfd 2% 1 ¥4 3% pfd 100 Mississippi River Power 6 % pfd-—100 Pwr ft Light Minnesota 27% Feb 10 ¥2 2%. :9% 2 ¥4 Mining Corp of Canada— Minnesota Mining ft Mfg— 31% Jan 27 350 . Mfg Co Range Since January 1 3,600 1.100 4 63% 62 165% * ' 1 Refineries 2.7% 62% —100 Jan Feb 3% 4 • 11 100 ¥a ? & Supply. Piping Mid-West Power Co 13% 9,300 13 Va 27 ¥4 30 Va Shares High Low 2.50 Penn Traffic Co— 5 : Midland Steel Products— $2 non-cum dividend shares— Sales for Week Per Pharis Tire & Rubber— 12% „ Week's Range of Prices Curb Exchange York New High 15% Jan 1,200 13 ¥a 12% 5 common.. Corp $2 conv preferred—* Oil yy . Range Since January 1 Low 18 ¥4 4% 4 ¥4 ■■-'a*#);..y ' High 17% 18 Middle States Petroleum class a v t c.l class B Low ;y■;: ■" Par v . Friday Last Sale Price Sales y'^yy Exchange ' STOCKS Week's Friday stocks : range foe week ending feb. 9 ^ . . 49 ¥2 25 4 7 ¥4 Jan 2% 2 ¥4 2,300 l7/a Jan 110¥a llV/a 220 109% Jan 1097/a 110 30 107¥2 Jan Jan ' . 2% Feb 111%- Feb 110 Jan Penn Oil 43 ¥4 7% 44 30 " 30 y 25 43% 44 y 25 30% 31% Pipe Line California Edison— original preferred preferred b preferred series c — 100 60 1,300 25 Colorado Power class preferred 1,200 — 42s/s Jan 44 Feb 29 Jan 30 Jan Jan 45¥a Feb .... 5%% Southern 43v2 30 ——— a—.25 —100 417/a 30 ¥4 Jan 30 2¥e 2,400 Jan 1% Jan 81% Jan 31% Jan 31 2% 85 Jan Feb Feb - |;^j .j' Monday, February 12, 1945 CHRONICLE THE COMMERCIAL & FINANCIAL 692 NEW YORK CURB EXCHANGE RANGE Week's Curb Exchange Sale Price •) Pipe Southern {Ohio)—5% pfd Standard Power & Light Standard Oil Preferred Canada Steel Co of Inc (J B) . Stmnes Sullivan Machinery— Superior Portland Cement— $3.30 "A" part Weyenberg Shoe Mfg River Oil Corp. 1% 23% Feb Williams (R 2,450 27% Jan 34 Feb Williams Oil-O-Matlc 3,900 3% Jan 4% 4% 21% 21% 400 21 18%" 19 Va 2,600 18 % •13 % % Winnipeg Elec Jan Wisconsin Power 19% Jan Wolverine Portland Feb 110% Jan Feb % Jan Woodley Petroleum— Woolworth (F W) Ltd— 400 105 300 Jan 120 American Feb 13% 2,500 11% Jan 13% Feb 16 19,100 % Jan % 1,800 2% Jan 3% 4% 5,300 4VB 3% Jan 4% 11V* Jan 63% Feb 18% Jan 12% 5Va 53 % Feb 53% Textron Inc 16 2,600 11% Jan 12% Feb 5% 400 5% 200 14 Shovel Thew Tilo 13 25% 25% 26 Va 22 24 Co 16% 1% Jan 2% Jan Jan 13% Jan 26% Jan 24 10% 1U% 46 Jan 47 Jan 14% Jan 20 Feb 10% XoO & Tobacco Product 10% Feb 29 29 Feb ' 400 2%s f s Jan 15 V •'* f deos dep rets ord regis dep recs def reg Shipyards Corp Toledo Edison 6% preferred Writing Inc.. Trunz ,Tqr\ 2" deb —— 78% Canadai^— ——. Products United Chemicals common ! preferred preferred vorp warrants $5 ; 1-20 United Gas Corp .10 .it. class Common $6 participating $3 1 32% 39 89 100% 2 107 107% 33% Jan 11% 12% Jan Jan 62 Atlantic 1964 series B 1957 J-D C I960 Af-N Q-F A-0 3-D of Canada— M 5s series Edison Jan 111 Jan Canada 115 Jan 115 Jan Central 1%' Jan 4 Jan 4% Jan Jan 41% Jan 1% Jan JAChicago 1 :7'' Jan "ft Jan Jan 13 Jan Cities Jan 3% Feb 4% Jan. 5% Jan Jan 7% Jan 71 Feb Jan 12% Jan Feb 25 Jan Jan 3 Jan Feb 23% 300 22 2% 43,200 2 95% 3,900 17,600 * Jan 18% 160 22% 11 m.11 % % Jan 22% Feb 3/64 Jan % Feb Jan 22% Feb 0% Jan •11% Jan A Jan ft Jan 5,800 11%.. li 14,700 % 76% % i 2,300 S Graphite U S U Jan 76% Feb Jan 38 Jan Feb 86 Feb 76 45 1 ... common. Service United Wallpaper, Universal Universal Pictures 10 _ common.. •,. ... 1 • ' Products Co 8 Utah-Idaho Sugar » Utah Power & Light $7 preferred.. Utah R»dio Products nil -10c Utility Equities common $5.50 priority stock " . Jan 10% Feb Jan 10 Jan 20% Jan 1% 83 4% 8,600 $4 VenezutJan Vogt common eonvertiole preferred..^...,. Petroleum 90 Jan Jan 5% Feb Jan 1% Jan Jan 1 Va Jan 15,500 5 Feb 4% Jan | 100 19 Feb 19 Feb 200 12% Jan 13 Jan 9,900 13 5% Jan 6 Jan . 6 ' ■ • - — 23% 22% 23% 18,800 27%' 27% 27% 50 3% x3% 3% 74% 1,375 10% 71 97/a 9% ■ 1% 1% : . 2 .{\ 200 Feb 27% Feb 3% Jan 3% : . 0. 65% Jan 74% Feb 7% Jan 10% 1% Jan '%*■ 2% Jan 95 Feb: Jan Jan t-fliJ 14,600 4% 57%. 62. 11% 11%. 3 270 12%- 13% prererredi. Waitt &'Bond clew. A— Class. B_ % Knitting 54 11 Jan 1,300 11% Wentwdrth Manufacturing West. Texas Uttlitv $6 West ' Va Coal St "For footnotes ; - — C preferred see page JC L23 • I. Coke_* 693. 5% 400 * 10 200 3%' 20% 4%' 4%' 108 4 21% J Feb 1st ref mtge 2%s ser Q Consolidated Gas (Bait City)— 67 76% 58 V* 5 , 10% 10% — 103% Af-S General Pub Power ,& Light 4s 5s 5s stpd— Nor Power Great Green Mountain Guantanamo & 1953 Illinois lien & 1st Indianapolis ref 5s P 3V2»s L & %s scries A6 %s 1 1941 101% 102% 104 106% 124'/a 124 V2 Jersey Cent Pow & Lt 3%s 3%s Kansas Electric Power 105% 101% 101% • 103% — 12 ' $105 — — stamped Midland. Valley RR— •; —: 67 . Extended 105 105 105 105% 102% 102 % 104 V* 17 102 Va 104 V* 103% 103% 21 1(52% 103% 107% 107 Va 8 105%' $107% 108% $36 30 40 St ret 5s 2 sbm37 6 31:—. 37 99% 100% 83 78% 80 46 % 48% 106% 106% . $39 99% Af-S F-A 102% 71 81 1 37 47% 16 106 106% 119 119% 10 ' J-J A-0 '100% 111% 111% 1 105% 107% 108% 106 106 106 97 28 $118% 121% 111% 111% 111% Jan 10% Jan 108. 21% Feb Jan 3 Jan Jan 4% -10% ,110 Jan $106'/* 108% 23% . - Jan 4 Feb 21% Feb Jan 5 Jan Jan 111% Jan Jan 11% Jan 103 17 64 72 -.106'/a 107 70 65% . v I^ 10ft 107'/* 8 104% 106 105 .12 104% 107 106'/* 107 104% 25 106 107% -.104% 104% . 105 105 * .*.** series 1948 Conv deb 5s_* —1950 . New England Power 3 %s—* *1961 •> New England Power Assn 5s*_x-—1948 t.>» 5s 102 66 102% 102% ; r i! New , 42 37 42 $103 J-D M-S J-J Power 4%s„ j 1981 A_* -—: j—2022 v: v Amsterdam Gas 5s_—a—4-1948: New Eng.Gas St El Assn.5s. 1947 . 6s 38% 28%fn37% 54 37% 37 36 37 36%.. 36% 37 J-J J-J 4%i— lOfi ' $105 J-J to*—,—*—1963 A-O 4%s—;—1987 t Af-S 1978 1953 ,J-D. at 4% 72 106 :.r*:: ■' ' Milwaukee Gas Light Minnesota P & L. 105'/a ' J-J :——1948 ' 105 104% 105'/a \ •+. 104'/8 104% 104 % Hi- ''' ■ 73 ... „ 103% 102 37% ,—1963 1966 i 11 63/ $98 F-A Electric 6s —2022 Kansas Power & Light 3%s__——1969 Kentucky Utilities 4s 1970 Lake Superior Dist Pow 3yas__ 1966 77 77 2 77 $70 J-D Kansas Gas & 104% 104% g $105% 106 coup) E 123 123 $104% 106% 44 C (Dec series A7s 108% 109% 103% 103% 60 $__ Af-S J-J F-A M-N .1955 1955 1957 A7s (Aug 1941 coupon) 1957 A7s series F—. .*.—1952 A7s (July 1941 coupon) 1952 Interstate Power 5s 1957 Debenture 6s 1952 Altallan Superpowei 6s — 1963 A6 107 $103% 104% $105 106 A-0 (International Power Sec— 108 7 $101% 104 Va A-0 1957 1950 1963 1970 5s Service 1 •-V—^ 55 J-D ref 5%s series B 106% 106 »/* Co— Power & 1st Indiana 105% 103% 104% J-J. Hygrade Food 6s ser A Jan 1949 6s series B—————Jan 1949 106 3 105% 105% F-A J-D 1963 Pow 3% 105% 104% 43 106 J-J West 6s—.—-—1958 Grocery Store Prod 6s—. 105 104 101% 102'/s J-D J-D J-J Grand Trunk West 103% $124% 125% 104% 104 % A-Q 1953 ;_1948 1978 -1950 1950 2 11 106% 77 A——^.——1969 5s Serv AGeneral Rayon Co 6s ser A 104 % $120% 123 103% 104% F-A M-S Af-N Gatlneau Power 3%s 102% 104% 131 -108% 108% $109 109% 103% 103 % 102 —2030 1956 1954 Finland Residential Mtge Bank—' 6s stamped 1961 —————-- 5s Elmira Water Lt & RR bs Federal Water Service 5%s & Light Power 102 Va 105 106 76% 3 i; 6 104% 105 A——1956 Eastern Gas & Fuel 4s eer Electric Feb Jan 18 2,300 61% 68 361 » 104% 105% 104 Feb 5% 300 7,900 67% 59 311 103 A-0 F-A Jan Jan 111 10% 105 73% 104% Gen mtge 4%s — 1954 Continental Gas St El 5s————1958 13% ;• 5 400 . • g P— ser 62 Jan - 22%' 22% J~~* IITIa . 102% 105 86 104% 104% J-D J-D J-J 1971 1969 1978 N mtge 3s Nebraska 5% 108 « ref 1st 12% 4V Jan- 3,900 4% 10 iqO _ II Mills 5% ctfs -ext."• :-1% Wavne - 101% 67 102% 102% A-0 Af-S F-A A-O A-O , . 5s—..—.—.—1969 series 3%s , * 1955 .Jan 1966 1950 1958 5s McCord Corp 6S i Jan W pO.t Cd.< Wagner1Baking, voting, trust Aircraft 103% 15 64% 76 5s 1st Waco M-S J-D Jan /:• 102% f»(yoa«A 4% ; —■ 23% Jan 92 11% __ Jan 26 7,100 72 ■ 20% 5.400 .62 ... ,_V Manufacturing—u Jan 900 19 4 . Jan 5 5%' 112% 1 64 65% Consol Gas El Lt & Pr (Bait)-* Jan 500 Ml Valspar Corp Jan 2% —-1 ; 9% 8Ya - ■ 2% 13 nn 725 5% 19 6 - 700 9,200 90 89 4% 19 'V~: : IV* Jan 1 __ * Insurance 5,200 ' 15% 1% 2,500 10 4% • Cooler class A Universal 10% 17% 4% B 46 44 2% -10 Consolidated Oil Universal •Universal ^'•Class Feb 100 ""ll —2 — Feb Jan 45 5% IB60 Inc.. 11% 78 800 • Jan Jan Jan 9 ' 2% Jan 10% 9% 90 Feb 277 Jan 400 16% J-J M-S 5s deb Georgia Jan 6% 1,900 1% , 1% Jan 2% 44 16% nil 275 10 77% 9 • 6% • 76 1 • Reclaiming Rubber — 76 y* 10% 1 8 *» Securities— United Stores common '< - 11% 10% 10% ' 277 2 10 Radiator common S 277 .25c preferred with warrants 1st > —28 and International $5 Jan % 86 20 86 86 common- —25 Foil Co class B U S ■, ' % Jan 67 19,600 ■ .. : 38 72 76 Va Jan 110 ; Va n 7% 10% 69 20 100 United Specialties common U Feb 6% *Jan 2% 1,800 105 V2 112% r 106'/* $105 ' 66 Rys 5s ctfs 12 Va 3,900 'da' 175 ; 101% 101% —1927 1952 A5VaS "7% 4,600 21% 121 170 ^ 103% 105% Af-N J-D .. 5 A Central States Electric 5s——.-1948 .100 7%- 103 ;22% 1953 1964 5s Power <5as 3%s— El & Cincinnati St Ry 5%s A 6s series B 10 103% 114 $111 __ 113% 119% Feb 35% 2,400 32% 112 $112% 114 !U9% 121 $170 180 — ..——1954 Jan 4Va 2% .—..—1970 2%s—* Northern 111 1 Va 3%' ■ Preferred S 1998 1962 6%s 1,100 12 Va 107 107 M-S Debenture .... 10% U 99 Va 100'/* Feb 3% —— Sharing.. preferred United Shoe Machinery 32% 99% City Elec 3%s Bell Telephone Boston "' Profit F-A M-S ; deb 5%s A Jan 79 4%' HZ* dep rets ord regis United NJ RR & Canal United 197.7 31% Feb Jan 32% —1955 5%s— deb 1 Va Ji < . Amer 32% 33% Molasses Co Ltd— United 29 I 29 Jan 71 105 •S-,} * preferred 5 10 109 12% 22 • «. 31% 32 V* Jan 3,100 11% • B preferred—i_—. 1st 31% 32% 1% 3,400 71 • United Milk Products— 31% 29 71 Va 1% 12% "2% III* common— 97% Af-8 ..,.1948 ,, „ 29% — 3,100 i/8 United Light & Power common A.. '/ — 29 370 2,300 4% United United Elastic Corp—— 92% 48 Bickford's Inc 4% 11% iiniri»- ; 126 72 Jan 20 71 . 1 Hoc Prior 97% 126 165 127/a - ~7% "§ * Cigar-Whelan Stores:. United 95 126 33% 7% II60 — 124% 96% 32% 6% • 126 1 J-J 31% Jan 1% "3% . 109% 33% 1st 41% I :■ 108 % 31% 5s !Va ; -TP*. *!0c Aircraft 109% 101% ~1. 32 Jan 39% "7%. . Manufacturing Co—.....10 Union Stk Yds of Omaha United J-J A-0 106% 100% 101 109% 109% 1100 33% U of 110 Va 105 % 31% Debenture Gas 107% 81 108 A-0 Conv Union 20 105% 106% J107 F-A ' 4% 1% . Corp 108% 110% 105% J-J Jan 115 lVa . 39%' warrants Realization 108 110 J-J 1968 — , Ulen 108 M-S 1950 4Va !%V '<•**m 115 • 1% * fvl 79 ' 4% mil Tung-Sol Lamp Works 80c convertible preferred*....^ Unexcelled /-J 1949 127/a —•m 75 1 Udyllte Corp. 102% High Low 102% 103 Va 10 J-J —-197C 2024 5s Jan —— January!: Sold No. Low 102% 102% J-D 4%s 37/a ^ Range Since Bonds Friday's Bid & Asked A Debenture 9% Jan 9Va 61 '•-'AV; Transwestern Oil Co—x or ' 10 Feb AConv deb 5s Assoc T & T - ■ 4ft AConv V. AConv 150 ajlt" Jan Jan Jan 900 ; 3 Jan Jan 3,500 1 Corp Tri-Continental 25% 118 97/a 9% —100 Feb Week's Range Last 1953 4%s. 15% 11% MM Tonopah Mining of Nevada— Trans Lux deb Jan 32% • 11% 55,800 Sale Price 1961 6s 4%s Elec Jan 9% preferred 7% Paper Elec Pow 3%S Appalachian Pow deb 6s 6V2 32 Va • Jan 2016 ; Appalachian 12% 10% 9% • Amer 11 1960 1970 —* & Lt deb 6s Pow Amer * Bethlehem Steel 6s Todd Feb 100 Friday Interest Exchange t debs—* s 2,100 11 ..... 12% 1950 8 3%s 5,800 9% 9 ' Amer * debs 3%s AConv Co Ltd— Tobacco Security Trust > 4ft Jan Jan 29 Va Jan 116 32% • 11% 4 4% Feb 10% Jan 10% American Gas & Electric Co.— Feb 6% Jan 22 10 118 14% 27-/8 Jan 4,500 23% 22% 118 5% 1,000 • Exports 2,000 (Associated Gas & Elec Co— 6% 6 6% 1 Allied Stocks Tobacco 12% 11% 6a Jan ~6% Jan High Feb 125 20 10% 1 — 11 12 Period Feb 19% 0 .... 6 9% Jan 200 10 12% j * BONDS Jan 23% 6,475 17 i 12% Jan Jan 5 Feb 7% Jan 11% Jan 1,000 6% Feb 350 19 "9% common 5% 6% **10 2 New York Curb Jan 1,500 46% 46 14% Roofing Inc — Realty & Construction— Tlshman 200 6 5% Feb Jan 12 350 •12% 5% uail 3% Jan 200 2% y-/a 7,300 16% 2 2 1 — 5% 4,600 Feb 3.5% Jan 13 .3 Oil & Land Co Texon 12 pfd—100 Cement receipts— Hargreaves Ltd Wright 7% 12% 6% 6% Feb 100 12% % 4% 16 • 29 Jan 14% Jan Feb 50 16 12 V* IIIoo pfd 13'A Jan .14 Jan 10% 53% ' 22% Light 1% 1,300 Feb 21 Jan Jan 18 6,900 12% 16 — 18 Jan 61 50 18 i Power & Light 7% deposit Associated Texas 1,300 Feb 53 V* Technicolor Inc common 19% Feb Jan 3% 18 1 13 • Woodall Industries Inq % ..... Amer Taggart Corp common— Tampa Electric Co common 13 Feb 13% :: 1 21% & 14 • B Jan 2% 4 V* * Heating Inc common Jan ft Jan ft Jan —«- ...II Products Jan 13% % * Jan 12 18% 19% • * V2 6,100 117% 120 &Co_ C) 109 % 100 109% 109% — 27'A 300 Jan Jan 34 5'A 375 12% 1 10 Wichita Jan ' 4% * Inc 18 Va 31 1*6 common "B" Feb 19 Swan Finch Oil Corp Class Feb 6% 21% ....1 Ray Drue Co Sun 7 Jan 1,000 16% Stroock (S) & Co common Jan 5 3,700 12% Co common (Hugo) Corp Stetson 5 1,100 1% • 6 • • Sterling Brewers Inc 11,900 23% 12 32 10 7 13% ' % 3% 29% Jan 32 30% 32 20 Westmoreland 6% 1 1 ——1 Products Sterling Aluminum Sterling Westmoreland Coal Feb 5 Va 60 20 2d preferred 5 % Jan 55% Willson —J preferred 1st 6% 14% Jan 145 Feb Jan 29 Feb 19% Jan 139 105 140 139 1 High LOW 15% 4,700 -19% • Jan Range Since January High 17% 1st pfd—100 Jan 4% ———* * 1 & Co common Sterchi Bros Stores Western Tablet & Stationery cooi 13 22% trust ctfs~ 1 (A) Stein Western Feb 51 31 1 1 * v 240 1% > —-— Standard Silver Lead-** Standard Tube class B Starrett {The) Corp voting Jan 10 9% Jan 5,200 — Standard Products Co Maryland Ry t% Jan 11 134% 8% Jan Low 19% .*1 14% •; 119 Shares 4^^$ Par ■ Air Lines Inc Western 55% 5% J B Common class 1,000 22% 20 ri? 100 convertible preferred Standard Oil (Ky) ----$1.60 for Week . 14 6% -1 Standard Dredging Corp common Sales Range of Prices Friday Exchange Curb ;■' - High 500 6 10 preferred* 10 York 53 14 o Spalding (A G) & Bros 1st pfd—*~J Speucer Shoe Corp Stahl-Meyer Inc Standard Brewing Co 2.78 Standard Cap & Seal common—-—-l Convertible LoW "9% lb ■ ** Week's Last Sale Price New Range Since January 1 High ~9 % 10 10 Phosphate Co Line Southland Royalty Co__ Southern 9 STOCKS Shares 134% Jan England Telephone..100 Southern New FEB. for Week Low ?ar > .* WEEK ENDING Sales Range of Prices Friday •'./ Last STOCKS York New FOR * . , . Debenture 5%s : J-D. Af-N M-l* A-O « 1954*»'•-.. 3%S—/—-^-1964 , Af-N Ltg 4s *; 2004 :,r J-J ; N Y- State Elec A Oas N Y St Westchester J-D M-S J-J M-S 115% 115% /$109% 111 89% is:. 88% 90 115% • . .89% 90 90 - r - 102% 103 23 $108% 109 103 92% 88'/* .92% 92% 107% . 107% 102 % ,2 •$191% , 88 - 49 25 110% 88 34 107% 107 '/a 115% 110% 102 V* 103 T lQ2% 103 88% 88>/? 90 114% .5 66 103%- .102% * 104% 109% 109 Va, 101% 101% Volume 161 EXCHANGE NEW YORK CURB Interest .1948 Ogden Gas 1st 5s— Ohio Power 1st mtge 3%s 1st mtge 3s__ _— 1945 1968 1971 4s 1962 Sale Price Low No. 93Vi Curb Friday Week's Range Interest Exchange Last Sale Price Bonds Friday's or High 92% 94% 100% 101 Utah Power & Light CoDebenture 6s series A_ 107% Bid & Asked Range Since January 1 Sold High Low 6 No. Low High 2 112% 112% 5 Low 115% 116% Waldorf-Astoria Hotel— Af-N $100% 103 Vi A-O A-O F-A F-A 107% 108 Vi 28 108Vi 109 14 * v January 1 92Vi New York Range Since Sold .J-J — ^ f> Period Bonds Bid & Asked High North Continental Utility Corp¬ ses series A (8% redeemed) Last Period Curb Exchange York New ENDING FEB. BONDS Week's Range or Friday's Friday WEEK FOR RANGE BONDS 693. COMMERCIAL & FINANCIAL CHRONICLE THE Number 4359 United Light & Railways 6s series A (Maine) — 1952 — 109% A 5s 107% 109 F-A 112% 112% .2022 Jf-N 116% dabs 1954 M-S 59% & Elec 4s income Wash Ry 116 116% 59 Va 61 55% 111 Service Public Pacific 1955 Light 5s— & Power -—1979 5s Pennsylvania Water & Power 3%s-.1964 -1970 1972 1962 3 Vis Philadelphia Eiec Power 5Vis Philadelphia Rapid Transit 6s 2 3 102 105% 106% 101% 102 104 Vi 104% F-A J-J M-N JJf-N J-D Park Lexington 1st mtge 3s 1964 Penn Central Lt & Pwr 4%s—„—1977 1st 105 Vi 105 Vi 102 — 65> *60 2030 A-O $108% 110% $110% 111 ,107% 110 1960 J-D $118 117% 117% 1959 F-A 1937 J-D 1947 J-D 106% 108% 108% 108% 108% 19 109% 110 106 106 108 109% - 106% Traction 5a 121 Newspaper Union— 110% 3 Penn Western 107% 106% $108% 109 109 Vi HOVi 106% 107% 110 $104 J-D West 106% $106% 109 F-A Af-S J-D 1964 104% 105 64% 106% 106% 1106 109 J-J 1951 Wash Water Power 3 Vis- West Penn Electric 5s Ohio Oklahoma Power & Water 5s—-—1948 107% 6s conv IA York i s debentures Rys Co 5s stpd 5s ; A Stamped $100% 105 — $100 101 103% 99% 100< — $100 101% 99% 10O Portland Gas & Coke Co— -1950 —1959 stamped extended Corp (Can) 4Vis B 5s Power J-J M-Q $101% 1Q3% 102% 102% 102% 101% 101% 102% 14 107% Foreign Governments 6 Municipalities 102% 14 108% Public Service Co of Colorado— mtge 3Vis Sinking-fund deb 4s— Service of New Jersey— 6% perpetual certificates 107% 108 J-D J-D 1964 1949 1st 103 % 103'A 8 103 26 152 BONDS 103% 155% 155% New York Curb Exchange 155% M-N — Friday 155% Week's Range Interest Last Period Public Sale Price or Friday's 105% 1979 J-D $108 1952 M-9 $90 Scullin Steel lnc mtge 3s Shawinigan Water & Pwr 4Vis 1967 —1970 J-D A-O A-O A-O 1947 3s__—1963 J-J M-S $105 1970 A-O $108 108% 1971 J-J $105 91% 90 105% 90 126 90 $126 1951 1951 108 7/a 126 A-O 107 108 106% 107 106 Vi 1952 Lt & Pwr 6s 3 San Joaquin Real Estate ASchulte 4Vis 1st Sheridan 6s D series Wyoming Coal 6s Southern California Southern Edispn California Gas 3%s Southern Counties 1st mtge 3s Indiana L 8s & P 6s 106% - ,108 — 108 . — 105% 106% $107% 106 106% — 106% 104% 101% 133 96% 98% 101% 101% 99 144 96% 101% 101% 98% 102 274 96% 102 101% 98% 101% 149 96% 101% 101% 98% 101% 149 96% 101% 134 96% 101% 99 67% 34% 35% 35% 64 101% 64 101% 35% 1946 , deposit J-J & Light 5s 3 Vis Toledo Edison United Electric N J 4s & Power Co— 1st lien & cons 5Vis United Light 34 28 18% 26 16% 18% 41% 38% 38% 35% 35% 19 • 34 , to 2 Vis—-__2008 stamped 1951 J-D $34% 36 1947 Af-N $41 45 1947 A-O $41 45 1931 1972 J-D J-D $16 22 22 22 79 78 79 75 79 —1958 M-8 41 Vi 41% 41% 38% 41% 2008 M-S 39% 39% 37% 39% 33% M-N 7s— 6%s Janeiro de to 2 Vis reduced 1959 35% ' J-0 1919 6%s J-J J-D 10 9% 10% 233 5% 11% 1921 Government 2012 J-J 10% 9% 10% 251 5% 11% 37 27 (State) ARussian 71 A5%s 105 105 J-J 10 106 i UTrading suspended in new common and preferred, pending court hearing. See Long Island Lighting item in our "Investment News" column. • * ' •No par value, a Deferred delivery sale, d Ex-interest, e Odd-lot sale, n Under-the-rule sale, 12 104%. 106 104% 118 106 106 110% 110% 1 104% 105% .110% 11 110 i/ 1959 A-O 5Vis_1952 A-O 104% 104 111 > - ! Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates} "wC" when Issued; "ww," with warrants; "xw," without warrants. 106% v/ ,>.e .. Ex-dividend. x $Friday's bid and asked prices; no sales being transacted during current week. ABonds being traded flat, ' ■ SReported in receivership. ■ 104V^105% 25 104% 104% sale, Cash 118 $106% 107 5 105% 105 Vi J-J J-J J-D r 106% $110% 119 M-lf • (Delaware) United Lt & Rys A-O 1946 1960 1956 2022 1968 1949 A series 6s 28 17% $40% Stamped pursuant to Plan A Interest reduced to 2%__ — (Hugo) Industries— stamped Electric Service 5s Texas Power 30% 80 y ; 2nd Texas '28% MS reduced 7s Interest Stinnes 7-4s j-j f Stamped pursuant to Plan A ARio 64 8 2nd0fl/76 80 Va M-N A Mortgage Bank of Chile 6s Mortgage Bank of Denmark 5s 101% 101% F-A F-A A-O 1950 V 4 80% $73% 63 1958 A7s (issue of May 1927) A7s (issue of Oct. 1927) 106% 100 26 101% 30% 80 F-A 1952 65 30% M-N High 63 6. Mortgage Bank of Bogota— 101% 101 101 J-D • Low 63 $61 January 1 6%s stamped_l958 (Peru) 7s AMedellin 94 90 F-A 1957 6s AStarrett Corp inc 5s (Hugo) Corp— A 7-4s 3d stamped— 105% 39 J-D 1957 Stinnes 91 ■ 63 j-j 1953 Stamped pursuant to Plan A •, A-O Dec 1 gold debentures Standard Power & Light City AMaranho > 1955 5s Danzig Port & Waterways— AExternal 6%s stamped ALlma 24 A-O Jan 1947 of) 1948 5 Vis Extended — A-O —1-951 1966 6s 6s of 103% 106 Danish 104 102% 106% 106% M-N May 1948 May 1948 (stamped) Conv 6s stamped A Certificates 102% 10 A Parana 6s Debenture 98% 7 102% 102% ... 1989 Spalding (A G) deb 5s Standard Gas & Electric— Debenture A 20-year 7s__ Bogota (see Mortgage Bank ACauca Valley 7s Interest v.vf■; S: -.'.v. 96 5 98% 102% 102% F-A F-A Af-S —1951 1970 2022 Rys 4s Southwestern Gas & Elec 3 Vis ; 98 98 . (Calif)— Gas —— Southern Southwestern 1087/a — Agricultural Mortgage Bank (Col)— A 20-year 7s—„ April 1946 Range Since Sold No. Low High Queens Borough Gas & Electric— 5 Vis series A Safe Harbor Water 4 Vis Bonds Bid & Asked OTHER STOCK EXCHANGES RANGE FOR WEEK ENDING FEB. 9 Friday ! Baltimore Slock Exchange Friday Last ■' > STOCKS Sale Price par 17% Shares Range Since January 1 V High 805 18% • Low 16 High Jan 18% Feb Calumet Bait Transit Co Preferred v 1,553 20 22% 837 20 Feb 25 V4 Jan 48 48 10 48 Feb 56 • - 70 70 50 69 Jan 70 Cliff Mining Jan 22% 3.00 3.65 Jan Copper E L & Power com__ 10 .—1 10 150 8 155 156 28 155 Jan 47% 47% 2 46 Jan 29'A 30 Jan 156 47% 28% Jan 6% Feb 5% Mills common-100 204 3% 5% —100 87% 87% 13 87% 29% Feb Feb Amsterdam Casualty———.—-2 26% 27% 100 23% Jan n s 38% 39% 275 38% Jan 38% 38% 25 38% Jan ---- Fidelity A Guar 39% 60 Western National Bank—_— vXXX ? Baltimore Transit Co 4s 20 £ \ 90c 30.84 16% 8% Jan Jan 20% Feb 90c Jan 90c 3% 5% Jan Feb 90 Jan 27% Feb 39% Jan Jan / 76 71% 76 78 82% 38% : , Eastern 82% 81 100 Street Ry series A Feb pfd SS conv — 48% 100 100 100 100 com Lines Inc common — — 8% 82% 50% 125 125 4% 105 73 15 Jan 8% 500 225 20 70 100 9% Jan 81 Feb 83% Jan Feb 47% Jan 50% 4 Feb 101% Jan 71 4% Jan 107% i Jan Jan 14% 76 Jan 17 13% 1,050 13 Jan 14 Jan 10 100 40 Jan 40 Jan — 40 20% 16% Jan 20% — 34% 35% 596 31% Jan 35% Feb Jan 18% Feb 22% 44% Feb Jan * 1 Filene's Sons Co * — Stores * • (Wm) National 77 Jan General Jan Gillette Electric —- Safety Razor Co__ 18 % 18% 34 16 22 42% 22% ,200 44 39 38% 15% 18% _• Jan 42% Jan 39% 1,487 37% 15% 145 8% 1% 8% 2 35 400 37% 38% 370 35% Jab 7% 41 — 22 275 8 41 680 10 40 44 • 15 Feb Isle * 15 Royale Copper . — 17SBi3an Jan — 8% Feb 1% Jan 8%, Feb 2 • 1' ' Boston Stock Exchange ^ -;v r;.-' Friday >'■•> Week's Last STOCKS*— Sale Price - Refining American Woolen Anaconda Copper & Par : "50 Va Range 100 162% 50% Lamson Shares 1607/a 163Va Range Since January 1 ■ Lm 135 2,264 1567/a 11 H 11% 192 9Va 50 31 30% 31% 555 29 & Son Bird Carpet Q%' pfd—100 Inc.. • Boston & Albany RR Boston 140 — 100 Edison —---25 Elevated Boston & Maine __ 10% — 38 74" 76% 25% 25%" 11% 11 -100 — class D 1st pfd stamped——100 68 -100 _—„ For footnotes see page %i 225 17 ; Jan , ,. ' . 12% Jan .33% Jan ) t£ 700. 62% 11% 14 11 11% 15 Va 68% 12 14 •* 11 12%. 16% (Del) 5 50 common 37% — 6% Jan Jan Jan , 39 Va - * 1 n Jan 8 Feb 41 X Jan 5% Mass Central RR __100 common. preferred i Util Mergenthaler Linotype — 1 vtc — * _..... 6% 7 100 Associates ;., — 42 1 66% 1 —5 Nash-Kelvinator National Service 1 Cos 10% — 35c Jan 49% Jan 1% Jan 68% Feb 7:% Jan 10% Feb 15%, Jan 18% Fqh 45c Feb 520 1,000 41% 68% 32 66% r Rac'g Assn Inc 7% Jan Jan 3,320 'XX*'«lit.. Narragansett 5% Jan 7% 44 1% 9% 10% 17% 18% 30c 45c ' 1 Jan : '■"**" r 1,260- —»-892 -—6^632 » - 25c - 'Jan New Feb 18% Jan j'; 127 Feb Jan 37 Jan 38% Jan 69 Va . Maine .164% Jan Jan 115% Jan 3,440 1,371 230 55% Jan u Jan 76 % England Gas & Elec Assn— 5%% preferred New England Tel & Tel.. North Butte Mining -* 100 2.50 •— 114% 40c 47 48 112% 115 36c 130 270 3,000 40e 42 Jan 49% Jan 109% Jan 30c Jan 40c Jan 1151. Feb Jap Feb 23% Jan.. x ... 25% Feb Old Colony RR Pacific Mills Pennsylvania _ class C 1st preferred Stamped 130 272 37% RR— 1% prior preferred-: 100 5#>. class A 1st preferred stamped-100 8% class B 1st preferred stamped-100 1% 18% 122 Va 124 38 % Ry 100 Boston Herald Traveler Corp.——— Boston 18 50 140 High Jan V Bigelow-Sanford :J.«: - 48% Jan ♦ — Corp * : - -I High 51% Copper 6% preferred Sales for Week -x of Prices^ tow -100 Tel Tel Feb •wrnTT Hathaway Bakeries class A__ Kennecott American Jan 13 — Employers Group Assoc Engineers Public Service 85 ~-F ' ■- American Sugar Jan 40 19% — * * — 4 104 73 15 — 73 * preferred Economy Grocery Stores Feb 71 58,800 Mass 1st 77% Jan $26,300 8% 8% 100 Jan : ■ -V-, ; Jan 31.15 Feb 53 v : ... ^ —1975 —1975 A— series 5s 90c — 100 prior preferred preferred series B 5% preferred adjustment First Bonder 16 - High 49 7% Jan 167 : 20% * Co_ 6% $2 Preferred 8, ■■■•': Feb 9% Jan Jan 29% 47% Houston Oil of Texas'6% pfd vtc—-25 New Low Gas & Fuel Associates— 4%% Eastern 156 Fidelity & Deposit Co————20 Fidelity & Guar Fire Corp —.10 Mt Vernon-Woodbury Range Since January 1 41 220 \ 30.84 30.84 19% 25 6% preferred Eastern Sugars Assoc com vtc 14%' 7% 30,84 10 Co Range Eastern Consol Gas 14% __ —1 — for Week ; High"- Low —' 5 Trust Service Sales . Range of Prices..^ Shares U —100 RR Hecla Shares Sale Price J an 3.05 • 100 t c Brager Eisenberg Inc 3.00 Jan 3.10 1 t c v common Providence & Century Cities " _ Far v , Boston & Week's Last v- yy-l for Week Range of Prices STOCKS—. ■ 'il~$ OJ Sales Week's Lou> 18% • Arundel Corporation ai* 1,917 60% Jan 68% 10% Jan 14% Jan —'* 50 , — — 35 >1**2,384 41% 42%- 60 41% Feb 4% Jan 44% Jan 34% 35% 1,354 33 V2 Jan 38% 3% 810 1% Jan 2% 3 . Jan Feb 124 —100 — — RR 75 100 12 Jan 11 Feb 15 Quincy Mining Co — 25 3% -* 15% 15% 16Va ♦ 12'A 11% 12% 3 3% Feb Jan 14% Jan Shawmut 15 Jan Stone & 17% Jan. Assn - 75 "*■ 15% Jan 16 Va Jan 10% Jan 12% Feb • 129 •11% Jan 415 .14% Jan^ . Webster Inc———— , 550 THE COMMERCIAL & Monday, February 12, 1945 FINANCIAL CHRONICLE OTHER STOCK EXCHANGES RANGE FOR WEEK ENDING FEB. 9 " East v/:■/.v'■ Low Par Torrington United Drug United? Co Fruit United Shoe Mach preferred 6% common —_ U S Rubber— System Waldorf D) (S Warren 45 * * Inc Co 17% 93% Jan Jan 90 Yb 43% Feb 45 Jan 57% Feb Feb 130% common Printing Co Light "6c ,6 Jan 7% Jan 10 Feb 7% Jan 400 8% 6 % Jan 7 Jan 14 100 8% Jan 7 '. Feb 6% Feb Feb 14% Jan 5% 400 6% 14% 14 „5 ._ 5%'Feb 1,700 1,250 10 6 6% * com ., 8% 6% 8% High Low 800 5% 5% 9 9% " 7 —1 common Chemical Line Material Co common 1 * — — 1 Range Since January High Low Feb 51% Co .Lindsay Jan 78 Feb 187 "McCofd Corp—. 1 - : 130 130 McWilliams Dredging Co common Consol Mlg capital—/- 13% Jan 427 15% Feb Mapes 36 85 345 37% Jan Marshall Jan Mickelberry's Food Jan 115% 125 Jan Middle Feb 36% 140 34% Jan 56% 56% 150 49 Jan 56% Feb * Class. A- Jan 37 36% " 17 17% 200 13% Jan 17% Jan 35% 35% 20 35% Feb 35% Feb 19% 19% 1,500 18% Jan 20 Jan 300 9% Jan 14% Jan $2% cumulative preference 12 36 % xl20% Feb Lincoln 383 15% 15% 36% 119% 122% -- 36% 50 Westinghouse Elec & Mfg 76% 43% 45 55 /2 57 /8 130 Libby McNeill & Llbbv common Jan 15% 200 90% 93% 76% 77 % .— Jan & Shares 5 Feb 32% . 2,000 520 -- 100 Vermont &-Mass Ry Co_. LaSalle Ext Univ common 38 Lealh 91% 76% — 3d for Week Par ■/ Jan. 37 280 Range of Prices ■/,• • Jan 538 Last Sale Price f r. 31% 31% 31% Range Since January 1 Shares Sales Week's Friday . STOCKS— High 37% 38 — 5 —-5 —* 25 25 1° :; Drill Twist Union * Co , Zi'yt v; A:-. A for Week of Prices Sale Price STOCKS— Sales Week's Range Friday : Field West Prod Corp 17 *, ' * 1934 • common— 1 "" com capital— 10 9% __ 12% 12% 2,800 10"% Jan 12% Feb 32% 12% 9 33% 1,600 28'/a Jan Jan Jan Midland United Co— Bonds-— 1956 3s Tel & Tel conv American 121 121 — $100 118% 123% Feb A__> Convertible preferred Jan Midland1 Util 6% 7% prior / ; prior lien >9 —100 / — 9% 250 9 Feb 9% 400 9 Fe: 11 4 , 100 lien 33% 11 9 • 4% 13,800 Feb Miller & Hart Inc— 4% Common $1 Minneapolis Chicago Stock Exchange Week's Range Shares Low Pflf Admiral Corp Bearing common Ball Allied Laboratories Allied Products Corp & Armour Co common Equipment Corp Aro Asbestos Mfg Washer Barlow Seelig Mfg A & Belden Mfg Co common Radio Belmont Borg-Warner Corp commonBrach'& Sons (E J) capital Brown Fence & Wire class A pfd Common :_—■ Piston Burd Castle & Serv $6 pfd- Central Illinois Pub III Central Secur Jan 42% 200 8% 8% Jan Jan 21% 2% 9 Jan 7% Jan 9 Feb 3 Jan 4% Feb 5% Jan 6% Feb 4% 1,550 1,700 6% 11,900 17% Feb 17 100 17% 27% 550 26 Jan 27^4 17% 450 16% Jan 17% 310 14% Jan 1,050 11% Jan 12 % 7% Jan locr 20% Feb 22 900 38% Jan 26% 26% 100 24 Jan 28 27% 26% 27% 300 23% Jan 27% 7% 6% 7% 550 5% Jan 7% Feb 7% 7% 100 6% Jan 7% Jan 15% 15% 3,500 13% Jan 15% Feb 25 25% 250 22 Jan 26% Jan 105 107% 180 99% Jan 107% Feb 7% 1% 15% 1 130 96 98% 12% 10 13 10O 14 Feb 23% 56 55 Jan 27% 400 16 Feb 13 Feb ' t for c 23% 17 Jan 9% Feb Feb1 Jan 53 % 300 Jan 56 Feb 35 1,850 Jan 36 Jan Chrysler Corp common Aluminum Commonwealth Uten Co Edison com common Consolidated Biscuit common— Consumers Co , Electric Fitz Co common Drive 68 Feb 300 93% Jan 98% Feb 20% ' 3,700 16% Jan 20% Feb 4%: 100 3% Jan 4% Feb 29% 8,500 28% Jan 29% Jan 8% 8% 250 7% Jan 10% 10% 50 10% Feb 29% — 20 J 8% Jan 11% Jan ■. 28% 100 28% Feb 30 30 100 26 Jan 30% Jan 105% 105 104 330 106 Jan. Jan Jan 5% Feb 3% Jan 4.% 5% 220 —1 26% 26% 50 14 % 13% 14% 250 42% 42% 200 40% Jan 18% 18% 520 17 Jan 18% Feb 17% 17% 300 15 Jan 17^8 20% 20% 1,100 Cl8 % Jan 23 4% 5% 3,800 4% Jan 17% . 23 Jan 26% ^•Preferred — 41% 14% 42% 13% Jan 15% Jan 43 5% Feb General 12% 2,300 Gillette Safety Razor common 17% 33 ' Bros Goodyear • 16% 16% 7% 7% Gossard Great 43 Jan 15 Feb Co Dk & Inc (The) Inc common 13 Pressed Jan Process ' common— Car Corp Preferred 6% Steel Products common Signode Steel Strap Common South Co Clark For footnotes 20% Jan 2% 300 69% 35 Jan Stein Co & * Works capital of capital Co 208 tf S 77 Jan 80 10 157 Feb 157 Feb Jan 5 Jan 2,150 6% 25 16% 23% 15% 32 23 % Jan 24 500 23% Jan 24% 18% Jan 21 5% Jan 800 900 30 250 2,500 300 1,200 730 Jan 22% Jan 23% 13% Jan 15% Feb 30 Jan 33 Jan 20% Jan . Feb 21% Feb 4% Jan Jan 37% 18% 50 18% Feb 18% Feb 5% 450 4% Feb 5% Jan Jan 18% Feb Feb 300 16% 13% 14 150 13 14 Feb 16% 16 16'% 850 14% Jan 16% Feb 31% Jan 34:% 18% 34% 52% 33% 52% 18 % 19 2 18% 34% 52% 19 2,600 100 capital 52% Jan Feb Feb Feb Jan 19 Jan 40% Feb 1,000 79 Jan 81% Jan 40% 210 * 80% 80% 81*4 60 59% 62% 1,000 58% Jan G4% Jan 9% 9% 10% 2,900 7% Jan 10% Feb 32% * 32% Jan 32% 400 31% Jan 32% 122% 122% — 100 122 % Feb 122% Feb 15% 250 14% Jan 15% Jan 7% 650 15 " 6% 6% 13% 13% —2 9% 9% 5 8% 8% * common 49% 17 39% 1 common "Jan 36% 450 40% Westinghouse Elec & Mfg common—50 Oil-Q-Matic Feb 16% 13% common Williams 25 Jan Jan • Inc Jan 15% 5 .25 . common Stores 20% 10 common Wieboldt Jan 3% 6,350 4% ,__5 — Carbon Jan 23% 250 4% 37 % 21% Feb 6% 38 Jan 38 Eeb Jan 1,300 21% 4% 36% 4% 4% 50 38 30% 21% 25 Utah Radio Products Co 6% 22'% -1 common— & 4% 21 20 15 15 25 common capital— Carbide Walgreen Jan 160 18% capital common Corp (The) Steel Feb 157 16 5 South La Salle Street Corp com—* Union Feb 3 79% 78% 21 25 * capital Corp Trane 19 Jan 38 common— Stewart-Warner Texas Jan 2% 24% 20 Indiana (A) Co 16% 24 16% 2 Storkline Fur Corp common & Jan 600 100 20% 6% 38 • Sundstrand Machine Tool common Swift Feb 6% Jan 5 Wisconsin 7% Feb Jan 6 Bankshares— Common Woodall — Industries Yates-Amer Zenith Unlisted common Mach Radio capital Corp common 41% Jan 65% 8% 14 Jan Feb 10% Jan 7% Jan 9% Jan 39*4. Jan 41% Feb 41% 600 Iron Co 1,200 11% Jan 13% Feb 500 29% Jan 33% Jan Jan 84 67% Jan 73 5% Jan ~5% 6 38% * Corp (Glen L) 13% 31% 76% 1 Electric 13% 31 * common 1 Co common 10 * 1 common York Central RR capital 6 39% 10 1,200 1,000 200 Oil (The) Co Jan Pure 11% Feb 57% Feb 17% Feb Standard 21% Feb Standard Oil of N J 20 Jan 950 13% Jan 15% Feb U S 10% if Brands Rubber Co Jan Jan 23% 23% 100 23% Jan 26 17% 18% 1,690 15% Jan 18 % Feb Jan 26% Jan 22% 22% 23% 3,700 22 29 29 29% 1,200 28 .30% Jan 17 Jan Jan 50 Jan 48% Jan 18% Jan 18% 2,700 12 12% 7,800 10% Jan 12% Feb 20% 21 1,600 19% Jan 21% Jan 31% 31% 100 291/4 Jan 31% Feb 58% common 17% 20% Republic Steel Corp common—— Jan Jan 10% , 17'% Radio Corp of America common Jan 16 40 Jan 12 16% Jan 52% Jan 18% Jan 9 100 9% Jan Jan G'/a Jan 38 % 23% 5 -• Corp 15 400 250 15% Jan 9% 550 13% Paramount Pictures Inc—.——1—1 Pullman Incorporated . 11% 14% 11% 700 Feb Feb 16 . 800 9 31 _• Curtiss-Wright 57% 15% Corp New Jan 15% Steel Feb Jan com Copper Mining 50 Atch Topeka & Santa Fe Ry com—100 7% Jan 41% —* 14 10% Stocks- Jan 8% " Anaconda Nash-Kelvlnator 62 • — 58% 300 56% Jan 59% Jan 18% Jan 23% Feb common 25 1 —10 common common—i 22% 22% 12 12 50 12 Feb 50% 51 350 48 Jan 51 23% 1,900 v Feb 16% 17 120 14% Jan 17 Feb 19 19 19% 400 17 Jan «-<•:. 19% Feb 5% 3,900 5% Jan 11% Feb 25 • 1 5 4% Jan 3% Jan •>,; R 11% 2,450 24% 810 20 Jan 24% 28 350 26% Jan 28% 23 100 xl9% Jan 23 Feb 850 6% Jan 240 12% Jan 17 Feb 10 18% Feb 20% Feb 7 16% * * *20 % page 1 • 100 7% • 30% 7% 17 20% * 700. 7 7% 7% 7% 2,000 8% 2,700 98 98 30 30% 32 Jan 42 6% 52% 42 42 10 100 Jan 71/a 750 52% 50 .) *•' "Week's Sales Last Jan 23 Cincinnati Stock Exchange Range for Week Sale Price of Prices Shares Jan 27 7% 10% 22% 10% ■■■ , 7% : Jan 7% 1 * STOCKS— v" - Low Par Aluminum American Industries Laundry Machine— — * 20 8 \ 23% 34% 12 - 23% 35% 12 30 63 4 8% Feb Champion Paper & Fibrei' * —* Jan 98 Feb Churngold Feb 32% Jan 52% Feb 53% Jan 38% Jan 42% Jan * Cincinnati Ball Crank— 5 Cincinnati Gas & Electric preferred-lOo Cincinnati — Advertising Products . 11% 6*% 3 109 33% 11% 35 200 ' 6% 6% 3 : 3 108% 109 4 214 166 33% 11% I High Low Feb 96 Range Since January High Feb 30% v- Friday ■ 72% Feb 36 v 3 24 1 Oil 350 Jan 38 19 24 • 60 Common Standard 6% Feb 2% Feb Jan 150 Jan 21% Jart , 7% Jan 106 • Feb 33% 30, v - Jan 4% 600/, 2% 35% 4% 1 — St Louis Nat Stockyards Standard Dredge pfd 7 1,500 1 common 250 21*4 20% 24 ' —1 ; ._ Lathe Jan 41% 21% * Lamp common A see : pfd — Bend 79% 5 Sinclair Oil Corp 16% 100 17% com Kentucky Util jr cum pfd— Kimberly Jan, 157 10 common-- Corp class B common Feb 200 20% common Co common Tube & 98 3 , 35% Feb Jan 150 18% * •«., Sangamct Electric Co common Schwitzer Cummins capital General 2,000 17 21'A * new Kellogg Switchboard common 5 % preferred Ken-Rad 33% 100 1,750 Feb Feb 127 Feb 6% 6 6 100 preferred Mfg Co Serrick 1- * common Baldwin Drug 127 Feb 56% Co— Reliance Interlake 16% 350 10 .Interstate Power $6 pfd $7 preferred .i—-.u Katz •, 2% 2'% —1 — Mfg Feb 8% 17 100 Indianapolis Power & Light Indiana — common— (The) Quaker Oats Co Raytheon Jan 17 common Indep Pneum Tool vtc ' capital (The) Steel 17% 65*% 11 _3 capital Illinois Central RR 20% _10 . 10 72% 34 41% .57% — Houdaille-Hershey class B— £upp Motors common Illinois Brick Co A 101 Jan 35% 5% 5% 101 43 105% 35% 10 common-— 147 320 127 127 95 Jan 136 ' Spencer Bartlett common Holders " 127 pfd—100 36 RR Studebaker Corp Hibb 7% Elec Jan Jan 20 56% 32 30% 1,600 147 50% Feb 23% 100 24% 23% 145 ' " 56 - 32% 32% . * —-100 —_—; —100 36 Jan 8% l Heileman Brew Co G cap Hein Werner Motor Parts * common— common 72 Jan 64% • com Feb 72% Jan 41% 65% 15% Rubber common—* (H W) common * Lakes Dr 14% 36 12 1,750 * common 350 35 13% 300 Tire & Inc 16 ' 35 29 700 1,500 7% 8% * Goldblatt Jan 14% _* common 50 Feb 13% Jan ; 350 12% 17 32 — —._—* 10 Corp Feb 17% A common., Bethlehem 17% 100 common Motors 38% 150 & Elec Jan Feb 41% 30 15 32 i — -----— General Foods common 400 18 American Radiator & St San 5 General Finance Corp common 38% 17% Gas Feb ' 1% Candy class A 38% class Martin General 5 20 48% Feb - —10 Auto- Jan 4% 105% * 5 1 (Peter) Brewing common 63 19% 5 14% Dredge —12% Util Corp Housenold Jan 30 —* Simons & Connell Dk & Four-Wheel Fox . 115% 28% Dayton Rubber Mfg common—.——1 Decker (Alf) & Cohn Inc common—10 Deere & Co common—— * Diamond T Motor Car common 2 Eddy Paper Corp (The)—— Jan 4% 29% ^ Cudahy Packing Co 7% cum pfd—100 Curtis Lighting Inc common 2% Corp common Doehler-Jarvis Corp— Domestic Industries Inc class A_ 115% 10 98% common—.—: Dodge Mfg Jan 68 ————20 25 — Jan 62% Jan ;' part shrs vtc cl B.—-—* Container Corp of AmericaCommon 30% 19% . Common Crane 25% .Jan 54% 97 " Co— 600 300 68 68 10 —* 23 1 Cities Service Co common 29% 58% 115% 115% * * 5 pfd— conv capital Common Club 27% — Chicago Towel Co Jan cap common Sterling Brewers Inc 58% common 36% Spiegel Inc common 7% Jan 17,050 Feb Chicago & North Western Ry— Preferred 250 Switch Jan 98% 22Vf Jan 100 .9% 1% 131 Jan 8% 35% • 120 1,360 56 35 Feb Jan 17 35 Jan 82% 23% 17 1% 15% 530 . * V 37% Elec Potter Co Jan Jan Jan 60 130 Cherry Burrell Corp common———5 Chicago Corp common 1 Convertible preferred * Chicago Flexible Shaft common 37% Peoples Gas Lt & Coke capital*——100 Perfect Circle (The) Co———; * Jan Jan 6,750 1% 130 -98% 9% % 1,400 1% 15% 9% _10 ■ 3 ' 40% Feb — Feb Penn 7% Feb 50 20% —-—.-*■ Chain. Belt Co-common— Jan 17 * 1 lien pfd & Gas Pennsylvania Feb 40% 7% * Central States Power & Light pfd 13% 250 50% *^ - common—2 Penn 18% Feb 12% * preferred Preferred 19% 200 18 3 Peabody Coal Co class B com—8 6% preferred1 —————_,w.100 Feb 17% preferred Parkeir Pen Co Feb 20% 25 107% 450 14% 17 Corp Util pr Oklahoma Feb 39% • 7% Jan Jan 1% 11% 15% 20% 14% Bancorp West Jan 19% Inc Ind Airlines Northwest Nor Feb 53% 1,300 Cooker Illinois Northwest Feb Feb 20 "Northern Feb 17 * 50c * Central S W Util common lien 130 5,400 2% 1% Prior 250 42 % Jan 6% 5,300 20%;* Jan 39% 124 Corp— preferred Convertible 50 130 17 12 % 10 common Jan 31% 17 10 (A M) Co 18 Feb 27% * * 1 Brothers Butler Feb 29 8% 17% 1 1 5 —5 — 16% 100 Noblitt-Sparks Ja 11 3% Jan 51% Springfilled common.: North American Car 51 Jan Jan 50% Co common- 'National Standard Capital stock Jan 6 common————1 Ring Feb 11% 2% * Corp.. Berghoff Brewing Corp-——_ Binks Mfg Co capital Bliss & Laughlin Inc common-- 8% Jan 3% 5 * 10 Bastian-Blessing Co common Jan 9% 250 20 6% 3 common 7% 650 17 8% 8% 20% 2,% 8% 3 common Aviation Corp (Delaware) 3,300 48% 150 Ward & Pressure 11> "Jan 3 % Cylinder Gas common National Jan 29 42% 4 Athey Truss Wheel capital Automatic 11 8% 10% 129 130 —1 Co common. High Jail 16% 1 com 10% 6,900 29 * 100 6 Co_— Service pfd Public American common Mfg Chalmers Allis common , Nachman National 10% 8 8% 10 %— Range Since January 1 LOW 11 10% 11 . 5 1 * 10 Aluminum Castings Advanced Aetna 1 common—- High - Montgomery 14 Jan 10% 20 11 49% Feb Feb Jan 12 100 11 . * ,_* for Week Last Sale Price STOCKS— preferred—. 500 14 49% common—-_1 Co Co Common Sales of Prices Friday Brewing Chemical Monroe 13% —10 preferred— prior 4% 2% Jan 16% Jan 25% Jan lV/2 Jan JH 35*% 28% 10 Jan 12 Feb Jan 33% Feb Jan 11% an Feb Jan 6% Feb 2% Jan 3 Jan 107% Jan 109 Feb 5% % Volume Number 161 695 CHRONICLE THE COMMERCIAL & FINANCIAL 4359 OTHER STOCK EXCHANGES RANGE WEEK ENDING FEB. » FOR Sales Range for Week fS ■ 1 ' > Low Par C N O & T P ' Street Cincinnati —: - —. 20 80 • Dow Tissue 38 _ Foundation Investment S _ _ _ _____ _ _ ' '*•"* 1 Printing Preferred 40 12% Jan 13% Jan 37% Jan 30 Feb Hoover 11% Jan 12 Feb Hoskins Jan 17 Feb I-Ioudaille-Hershey Ball 100 16 398 56% Jan 60 Jan 20 26 Jan 26 . 16 4 Feb 4% Jan 14% Jan 16% Jan Laltey 43 Jan 44% Jan LaSalle 393 16 38 43% .44 _50 . City- Ice1:. & General 16 % —* —_ _ GHS Lojuimna 17% 22 % 22% 22% 44 * 4% 4 % 4% 100 10 Fuel 65 V8 64% 65% 375 31% 31 31% 58 54% 55% 75 : „_ Motors * Brands Standard Roller Timkcn Bearing * —, Fdry Week's Akron Brass Mfg Range Basic Refractories Clark Controller Feb Michigan Sugar Michigan 4% Jan 62% Jan Feb Cliffs Cliffs Iron 26% Jan 31% Feb Mid-West 51% Jan 55% Feb Murray Commercial Eaton General Tire Greif Bros Halle Rubber & Tire Goodyear —_„ —2—:.——. Range Since January 1 6% Rickel Hiah 6% Jan 6 class Cooperage Bros, Jan 80% Jan 18% Jan Wol McKee Nestle class LeMur class Brass Packer Tool Vlchek White Motor 100 16% Jan 18% Feb Warner 52 Jan 52% Jan 435 33 Jan 35% 23% 26% Interlake 16 14% 3.018 14% Ohio Oil Republic Steel 2,126 7% Jan 10% 24% Jan 28 % Steel S common—— 100 43% Jan. 47% Steel Youngstown Door 1,095 23 % Jaif- 25 Feb Jan class 7% Jan 1% 1% 7,180 1% Jan 1% Feb 3% 3% 900 2% Jan 3% Feb 1% 1% 1% 975 1% Jan 1% Jan 10% 10% 100 9% Jan 10% Feb 500 2% Feb 3% Jan 490 13% ' ——. >2% _ ■<*' P ■ ; 3 v 15% 15% jrjj f' ;; 6 V4 '• Feb' Jan v14% Jan 3 % 698 3% 5,630 2% 25 % 410 23 Jan 25% Jan Bandini 18% Jan 25 18% 69 18% 17% 18 42 1,190 4% 11 % 4 11% 2% 4% 178 11% Jan Feb Feb * 8% 9% 1400 — 15% 614 77 85 a45% a45% Feb 15% Feb 55 a38% a39% 9% Jan 14% a28% a28% Feb Jan 7% 14% 22 Jan 18% 1,280 303 a26 a26 9%' — —- — __ — — — 126 23% 23% — 30 Jan 3% Jan 12% 12% 946 12% Jan 7% 7% 1,150 7 Jan 7% Feb 4 4 400 4 Feb 5% Jan 2% Jan 3% Feb 207 .7% Bolsa ~3% ; 7,830 3% 2% 440 19.% —- 163 21 — —z w — __ a62 122 i'";-; 575 20% a61 a22% a24% Oil Chica 38 38 ". — 4' 3% Jan 4% Jan 6% 4% : 7% 2,450 6% 1,400 6% Jan 7 Vb Jan 5% 4% 5% 7,980 4% Jan 5% Feb 39% Jan ., ' 5% 6 1% 1% 5,005 5% 5% 900 Range for Week . Co Low High 7% 7% 300 4% 4% 1,191 4% Jan 51 51 50 50 % Feb 4% 170 1,275 2 Jan 2% Jan 4 3% 4% 1,425 3 Jan 4% Jan 2.10 1.85 2.15 14,355 21% 21% 565 30 % w ' a29% a Sale Price 77 80 Jan 85 Feb 94 Jan 94 Jan Jan Consolidated Continental Paper Motors 2% York Curb Oil A Co 21% 2,045 19 Jan 25% 27% 250 26% Jan 28% 12 100 10% Jan 12 Jan a68 a68% 150 71 Jan 71 Jan 15% a68 15% Feb 11 Jan 15% 410 14% Jan 11 11 200 10% Jan 40 600 30 Jan 40 Feb 510 510 510 15 510 Feb 510 Feb 13 Jan Shares High 2% 16 % 865 8 1,200 6% Jan 64% 972 62% Jan 64% Jan a55% a57% 153 54% Jan 54% Jan 64% a55% _1 Corp Co & Mining Oil, 53% Jan 60 Vb Feb 1,000 77 %c Jan 90c Jan 18% 18% 750 15% Jan 18% Jan 60% r Dev 5 5% 1,938 14c 14c 1,000 13c Jan 14c 16 14% 16 1,837 13% Jan 16. 50c 50c 206 45c Jan 60C 20% 20% 20% 517 19% Jan 22% 145 145 1.50 2,950 Jan 1.75 70c 70c 1,100 70c Jan 72 %c 8c Jan 17c 6% Jan ~1 Air 17c 15c 17c 7% 7% 475 26c 26c 300 8% 625 1 Products———_—— Clay Gas Corp Elec & common common pf 1st Lighting Corp common Western Corp Oil Detroit Edison . 2 Shell Range Since January 1 Low. High 2% Jan Feb 11 12 4,017 10% Jan 875 1% Jan 2% 2 15 14% 14% 10 21 21 6% !_ —20 22% 10% 10% 6% common 500 ; 22% 7% 23 609 100 Jan 14 18 ... Jan 8% Jan 1,500 6% Jan 3,047 21% Jan 2,400 Corp Oil 2% 11 12 2% 15% 21 Jan Signal Oil & Sinclair Oil Solar Aircraft Feb Jan Feb Southern Calif Edison Co footnotes see page 700. Ltd Jan Taylor Feb Transamerica Milling Transcontinental & West Air, — Feb Feb 36 Feb -■J- Jan 36 144 36 Feb a4934 a49% 105 a22!/8 a22% a49% 50 '■ f 48% Jan 49% Jan 20 Feb 20 Feb Jan 8% Jan 8% 8% 8% 11.930 5% 12% 12% 12% 1.645 10% Jan 12% Feb 1 211 % Jan 1% Jan 7% 650 •6% Jan 9% Jan a58% a58% 47 41% 100 7% 41% 1 ' a27'/a a27% 60 60 •: 16% 507 12% 750": 25 28% 27% 28% 2,074 31 31% 1,035 30% 30% 327 40% 2 Inc—5 41 675 39% 41% 3,571 7 300 Y'->: 7 ~al4% 11% al5 25 11% 11% 2,913 28 28 259 11 ' Jan Jan Feb 16% , Jan 60 15%' ;Jan 43 26 y8 : Jan 3an 54 '■ 16 11% 41 Jan 41% 26% 54 220 K 16 * Corp Corporation.—. 26c"'Feb 8% 34% 36 1 Sunray Oil Corp Jan 35% 621 12 %: preferred class B——_—_—25 preferred class C—' —25 Southern Pacific Company— * Standard Oil Co of Calif * 7% ■i L- 40 35% 1 Company Jnn t Jan Jan 6% 35% 5%% Feb . - al4 a 14% 6% i For 7% — Feb Feb 8% 1 Co Jan 1 1 * --*■■■■■ 30 Corp.-———-————15 Gas Co. class A. 0 Corp.. ————-—* 10% 23 25 * —10 Feb ' Jan 8%V-Jan Jan 20c Jan '•*''''I-n*1 rj'' 10 25 :—•—— ___ Aeronautical Union common common * 1.45 71,000 7 Vb Finance 3% ■ —<—1 Co—.1 Corporation Ltd—— Pacific Feb 51/4 Jan "5 10c i —— Co Aircraft Mfg i 415 80c 82%c 59% 82 %c 82%c 1 Co Petroleum Safeway Stores Inc Security Company 11 % 12 10% _ Feb 8 —10c 1 Co— Diablo Ryan 112 common- —10 __ Feb 16% 7% * Co Car Motor Oil Pa^Hio 11 : & „ 15% ,15% —1 Pacific dl Prices _„1 common Cleveland Nav Detroit Jan 40 11 —• common.. Occidental Petroleum Corp.— Associate 11 1 _ ' . 12 Co Motor Car Corp Mt Sales 2% 5 common ; 20% __ 4 5 1 Farmers & Merchants Nat'l Bank__100 Parnsworth Television & Radio 1 Fitzsiinmons Stores class A 1 General Motors Corp common 10 Goodyear Tire & Rubber Co com * Menasco for Week Low * Jan 28% Jan 28% Jan Jan 22 27% 21% —* 1 ... ~ Co. Range ..Last Machine 1.95 Jan Jan 425 a99i a96%- 1.75 21 30 29% 85 85 85 a96% a96% Inc——-—-.--—.* Hupp Week's Friday Adding Feb 2% class A Ltd Co Jan 2% a24% a24% ; Products Corp & Equipment Oil Jan * 5% 51 2% * 100 5 • Derrick Exeter 8 2 America of High , . '6% Jan 1 —— Douglas Aircraft Co, 5 % r!t ' Burroughs Range Sfjice January 1 Shares —1 * Preferred Hudson Detroit Slock Exchange _ Jan Low —_ Corporation Consolidated Steel Corp Warrants _ 5% Sales Week's of Prices 50 pf— Republic Petroleum Co common. Jan Jan 5 1% r Chrysler Hancock DETROIT Building Rubber common 1% 1% 5% Company California Packing Corp com Richfield McLaren Feb Jan 5Va Feb 50c Pacific Baldwin 1 6 1.115 < Sale Price Holly Development Co— Telephone: Randolph 5530 Brown, Jan 37 676 39 37 39 — — — Chicago Stock Exchange Exchange common Feb 4% Angeles Stock Exchange Corp.. Jackson Byron Northrop New York Stock Exchange Forge Jan 38 Feb 38 1 Broadway Dept Store Inc com Pacific Drop Jan 13 % • ' Atlas 4% ■ 1 19% 20% 1 Jan 4 2,217 4 common Berkey & Gay Furniture Co Blue Diamond Corporation Emsco 190 9% * — 4% 4% 4% 6 Products common Petroleum Creameries _— 45 a39% a39% * common Feb 4% 10 1 Central Investment Corp— 22 21 — — Member* Electric Feb 2% ; 12% 1 " " Corp Mfg Nordon A'len Feb i 10 2% Jan 4,507 4% 133 a47% a487« Jan 4% Jan 10 20 a52% a53 Jail 18 42% Jan 40 50 4% Jan 18% Jan 16% 526 41% 8TOCK8— Jan 1 50 Barker Bros Corp 5%% Watling, Lerchen Ford Jan 31 • Feb 10 155 10 2% 2% Par Lockheed Stock 3% Jan 3% 13 13% 10 Feb 29% 13% ■ Feb 7% !:u'! 200 31 3 Jaiv ' 1,030 3% 30% 3% 15% 5% 8,979 7% 3% -t.— !.:h ■ STOCKS-"— Lincoln Detroit Jan 42c Jan 32c 4,009 35c ,3% Last Aireon __ 37c 35^ ■ " Lane-Weils New Feb B Jade TO? ' * Los Jan common 6% Feb * — 130 ' 1 Jan • — 6% 1 common.- Feb 100 28 7% * common 6% "-■■■' 14 Jan common Feb Feb Jan 10% 55 7% • i. common— York Central RR com New U Iron 1% 5% Feb 1,110 9% Feb Jan Jan Feb Jan 7% • 4% 1% _——_—.—10 1 ' V , Axle Aircraft % * — common—'XlL • , Wayne Screw * common..... Raydn common ———— 53 Electrical Co Industrial 3% Jan Jan 4% common class B com , 245 1 com .teneral Electra ' common Glidden 5 52% 7 Tube Graphite Bronze 7% 700 —* 1 * 1 common— Cooler Universal Jan unlisted- Cleveland Jan 6% Jan a———50 & 6% 7% 900 1 common Radiator common 5% '* i Feb 510 19 7% 2,450 . common..— common Preferred 56% Jan 48 a41% a43 ; Stores Sheet Youngstown U S — —— — — Jan* * — Drug Weinberger — — 4% * * 19 1% 50c —10 Tivoli Brewing common loo 0 Inc„— Jan 5% * Tube ; - 5% 25 Works Iron Dorn Van £ 5% a Ohio Feb 755 15% .V 2 Timken-Detroit — -- — 130 * Products Thompson 87 T * ot Jail 19 Friday * Rubber Oi .noard Jan 15 Jan 15 — .' 47% 7% Bros Jan 13% Jan 4% Paper— Patt Standard 25 River Rairin Paper— Seiberling Jan 23% * Puileison-faargent Richman Feb 20% 47% A. —i, Corp 88 % J Mfg Simplicity • B Pr Scotten-Dillon common Jan 0 _• Brick Paving Metropolitan 21% * B..__ Cement___ Portland 25 Jan 16% 4 Vo common (H*W) 18 % 28 T Jan 12% 100 18% -10 Udylite 50 9% 9% ——„ class G) (A Medusa Ohio • Sessions <v 10 75 15 14% 14% & Tr__ Electric Leland * 23% 200 18% 1% — common Invest 34%- 35'% 26 % 26% _i__- Kelley Island Lime Mtl 52 35% Co Brewing 17% - 157 13 18% 1 * common. a29% a29% —J ______ LdUgnlin <fc J a51^1 50 * Steamship 25 13 Vb 7% common——— —awi...-*■ River. Raisin " a56% a57 % —___—100 Jaeger Machine Jotted 15 a51% 100 preferred Preferred impr.ftk* 20% / • • A Jail Jan Feb 6 Feb 20 2,669 88 % 19% a30% a30% Rubber & 8 Motor Car common Prudential 982 86% 25 Co Jan i common. Chemical Peninsular 25 * Bookbinding Mfg 5% —1 l Abrasive 'Pfeiffer 515 6 21% • a 6,322 2 — Corp Parker 200 5 " preferred Corp.common 7% 5 — common Preferred Sheller Cleveland Feb 7% 1% Die Casting common 65% Low 6 ■% 21% 21% 4% 5 McClanahan Oil common Jan 4 Shares 6 1 Jan 1, common— Jan 20% High 6 % — _— Feb for Week 01 Prices Low 50 Feb 3% 5 common—„ Jan Sales Last Sale Price 65% 1,124 1 18 Vb. Cleveland Slock Exchange Par Feb Jan 5,958 —_1 Prod Screw Parke, Davis 8TOCK8— 7% 4% 18 — 22% Park Friday 16% Jan 64% 13 Mach common & Wines Packard » Jan 7 4 65% :—* common, common-—. Jan 1533 667 18% 25 Mill Car Motor Kingston Products common Cnlisted— Rolling B Hurd Lock & Mfg Masco American Feb Jan 14% 1,130 25 10 —2% ———* common. Kinsel Drug Common 15 % '•8% •••' 7% 100 : Jan 48 59 % Feb 4% •' Bearing common & Mfg Hudson 26 Feb 5% Jan 27 57% 10% 6.034 8% 16% 7% 7% ' . 1 common. 35 26 Jan 4% Jan. 62% 10 common.. 40 26 7% 7% Jan 36% Motors Brewing 12 -1.7 10 145 j.16% Jan 7% General 30- 17 Jan 225 16% 1 common. 37 % 59% .* ( . Finance 12 17 15% 5% ' 8 ■•n Mfg B General Jan 217 ' •=■ common..-. 42 % Jan 40 Feb 750 10% 5 .3 33%. Jan Goebel 13% * — 15% Jan ' • ___l._______-.__ Jan 32 420 40% Jan 7 16 1 Feb 13% 75 1% Jan Jan Gemmer 32 % * class, A—. 8% Jan Jan 10% $ Feb Frankenmuth Brewing common. 8 1% 5% 16 16 5 High Low 1,100 1,130 1% 7 6% 6% common common— Range since January 1 High Feb 9% 29 30 " _ Gamble & Class B U i. /,s Procter 174 Stove Shares 1% 1% —5 common™. Corp 37% * j— ___..._2.50 Manischewitz. Randall 15% 13% « Lunkenheimer >' 8% 60 13% — * ; " Jan 40 Kroner %i*V> Jan 9% * Kahn Magnavox 31% 50 32 Art Gibson 39 369 100 pfd Jan Steel Detroit Feb - Iron Gray Detroit-Michigan 12% Jan . 80 : 8% 10 ; Jan 9% 9% * _ y __ 78 % 37% * ——_ Drug Eagle-Picher 641 39 79 _ Crystal 8% :i> Detroit Jan 110 Jan 108 •80 50 —! Cincinnati Telephone Crosley Corp 809 11% 11 VB 11% 2 109 for Week Low Par High LOW High 109 50 — Range Since January I Shares y of Prices Sale Price STOCKS— Sales Range Last Sale Price STOCKS— - ' Week's of Prices Friday Week's Friday Last Jan 14% Jan 26% ■■ Jan 28% Feb 30% Jan 32 V* Jan 30 % Jan 31% Jan 39 Va Jan 44% Jan 39 Jan 41% Feb 6% Jan 7% Jan 15 Jan 15 Jan 10% Jan 11% Jan 28 Feb 28 Feb Monday,-February 12, 1945 CHRONICLE THE COMMERCIAL & FINANCIAL 696 OTHER STOCK EXCHANGES y!/;; RANGE FOR WEEK: ENDING FEB. 9 ' Shares 22 Yosemite 21% 18% of California ——25 Consolidated Oil" Co_——10 Portland Cement pfd—..—10 Oil Union Jan 22% Feb National Power 15% Jan 19 y8 100 350 r, 6% Jan Feb 4.40ft Feb Phila Elec 3c 2%c Jan :r 8c 600 1.00 Jan 1.15 1,300 1,000 2%c Jan 5c Feb Phileo- Jan 7c 4c 7c 7c •fic American American 1 Co-: Anaconda Copper Mining (111)—— & Co Armour • Co Refining —: AT & S F Ry Atlantic Co.'— Corporation ' Works vtc Aviation Baldwin Locomotive Co Oil Barhsdall ——' -Corp— -Aviation Bendix Bethlehem Steel Corp Boeing Airplane Borden Co Co (J Case Caterpillar Tfactor Co-' Columbia Gas & Electric Corp Commercial Solvents Corp—_—; Commonwealth Edison Co— Corp Southern Cons Vultee Aircraft Corp Continental Motors Corp Continental Oil Co (Del) Crown ZellerbaCh Corp Curtiss-Wright Corp Commonwealth Class & A Co Electric Bond & Share — Goodrich Graham-Paige Corp— Int'l Nickel Co of Canada Int'l Tel & Tel Corp Kennecott Copper CorpIron Interlake Pennsylvania Railroad Co Phelps Dodge Corp Packard Co Motor Paramount Oil Co Pure America Brands, Standard Standard Oil Standard Oil Co Webster & Stone (N J) Inc Studebaker Corp Company Texas Gulf Sulphur Co Texas Tide Water Assoc Westmoreland 20%- 21% 17% Jan 21% United United States Steel Corp Warner Bros Pictures Inc class A Union Tel Co Western 50 Westinghouse Elec & Mfg Co 51 17% Jan 18% 34% Jan 34% jv'J "'v.\; , 175 10% Jan 140 39% Jan 39 Va 25 48 Va Jan 48 V2 4% Jan 4% American Tel Autocar Co 225 16% Jan 17 . Budd 237 1,044 % J'an 18 9 : 21 10% Jan Clark Feb 450 5% 25 19 Va Jan 20% Jan 143 9% Jan 11 Feb Electric General Jan 39% 38Va Jan 39% 637 50 Motors. — Aircraft Engine 54% 54% Jan Fuel Supply Mountain Jan Pittsburgh Brewing 768 Jan 19% Jan 19% 19% 6% Oil Feb 2% Jan 4 Jan 61 Feb Jan WpRMnehousp 7% Feb Westinghouse Elec & Manuf 600 33% Jan 36 363 26% Jan 17% Jan 18% Jan 12% 3,556 10 % Jan 12% Agnew Surpass Shoe preferred Ajax Oil & Gas— 1,105 19% Jan 21% Jan 126 101% Jan 106 Va 4 j* ' , 16 15% 16 1,578 13% Jan 16 Feb 34 % Jan 36 V: Jan Jan a38 180 a31 a31s/s 82 29% Jan 30 y4 a36% a37 80 35% Jan For footnotes see page 700. 1 17% Jan 125% Feb 1,180 6Va Jan 7% Feb 45% 100 V/a Feb- 15 45% 45 Jan 45% Feb 1% 1% 300 1 Feb 1% Jan 9 250 9 Feb 9 Feb. 5c Jan 7c Jan 10 10 280 9% Jan 10% Jan 11% 11% 520 9% Jan 11% 34% 343/4 365 34 Jan 34% Feb 30 30% 272 29 Jan 31 Jan, 119% 119% 185 5c u% 30% 3/4 119% L19 58% 58% Jan \ y "' - 3,000 5c 269 57% 58% Feb 50 11% Jan 11% 734 18% Jan 23% Feb 34 170 34 Feb 34 a53, 153 49% Jan 49% \ <« ' , ' - ' £ {' '* 0 {'; " *: * Co. Jan 23% Unlisted Securities •'» Established 1871 Jan al2y8 al2ya A Edward D. Jones & 36% Jan a37 23% 34 a52% a38 %': a38 % 30 18% 997 18% isvs a80% ' 17% : • • r New York Stock Jan St. Louis Stock Tf'TV-'W* Feb New 33% Feb 32 Jan 3214 Jan Jan 1% Feb 30% 1% 1,820 a54% a56 55 61% 21% 463 59% Jaii 64% Jan 14 14% 575 13% Jan 14% Feb a45% a46% 212 44% Jan 47 Jan all9%al22% 140 Feb American Jan Burkart Mfg common 1% 18% 360 17% Jan a42y8 a43% 125 41 Jan 41 17% High tH <0 O Range Since January 1 49 49 49 1 32 32 32 Brewing 11% 13% 15% 16 3 Huttig & S D common 2 100 Pressed Brick com Hydraulic !—--—-——100 Preferred 183-g Feb International Shoe common 164% Jan ———* Knapp Monarch common * Laclede-Christy Clay Prod com 5 Jan 16% Jan 19 25% Jan 28% Feb 57% Jan Feb 10% Jan -i 60 Key Co 40% • Jan Jan 375 8 common Steel Laclede 14 vU ' "'. 'i' 433 19 Jan 2iy2 Jan 13 214 11% Jan 13 Feb 12% 135 11% Jan 12% Feb 14 Va 14% 930 13 Jan 14 Feb 37% 37 37% 250 35 Jan 37% Feb 80% 80% 80% Feb Jan 193/4 Jan St Aluminum common;— Stix, Baer & Fuller common Wagner Electric common 64% 65% \ W';., 65 % 1,717 23% 24% 50 62 Jan 65% Feb 21% Jan 14% Feb 4% 4% 100 14% 1,593 4 12% 7% 7% 173 6% Jan 5 Jan 13% — • , 28% 49% • * Louis Public Service "A" common—1 common—— 193/4 Goods common Sterling — .1 > —10 15 __ Jan RANGE FOR >. BONDS— Jan 9% St. Louis Pub Serv 25-yr conv inc_1964 WEEK ENDING FEB. , Week's for Week Shares Range Low • 3 350 47% 48 % 1,345 150 150 10 -8V2C 10c 9,000 114 114 5 1.57 1.60 800 Copper Aldermac High 3 3 46% 142 7y2c 113 1.50 High Jan 33/, Jan 51% Jan 159 . 80% Feb for Week Sale Price of Prices Shares Friday j Alberta Pacific Consolidated— Range Since January 1 Low Feb v Sales Last STOCKS— ■ Sales Range 28% Feb •;'18% Feb 9 \ Par Week's > 20% Feb LISTED MARKETS Exchange of Prices . Jan 14% Jan Feb Jan 19% 16 Jan v 49% Rice-Stix 48 Va 10 18 y4 49% 19% 12% 12% 13% National Jan : 50 Jan 44% Jan Jan Jan 48% Jan 9% Jan 14 Jan 11% 46% 11% Jan 8% Feb v Jan 61% 48 / Feb 8 Feb 41 Va . 17% Jan 1,389 ->'..".-1 65 24% Jan 39% Feb Jan 42% Jan 19% 23' 2% // 27% 59% 19% Feb 10 527 Nr ;r-C 9% > Feb Feb 2 110 -* * 25 Blanke Dry 133/4 16 205 common Piping & Supply com., Missouri Portland Cement com- Candy Jan Jan 18 y4 Midwest 79 Jan 10% 14% 28% Feb Feb 11% Feb 38 18 Meyer 14 98% 61% Feb Jan 28% Feb Jan Jan 10% 16% 36 17% Jan Jan 10% 61% ■ / Jan 24% Jan 20 92% 10% 14 Va Jan Jan 50 395 61%, 13% 23% 8% 20 % 367 12% 150 Jan Feb 20% 14 1,157 100 10 Jan 8 17% Jan 98% V 14 10 Feb 30 55 13 V8 12% '■ 49 34 nw 173/4 97% 11% . Feb 49 20 common • 11% 130 * 5 17% 60 8% com—* 157% 59% 586 16% 38 Brewing 342 / 40% 16% common 1,177 450 243/4 39% 14 24% 37% 18% 685 243% 10 30 35 105 335 275 15 85 14 24% 14 5 " 1 common— 8 3/a 8 8% 10 common High Low 35 75 200 High Low xxxxs. 19 -50 Pepper Range Since January 1 High —.——50 pfd- 5ft Inv -40 163% 17% 17% Low Hussmann-Ligonier ~;X'k Shares Shares Griesedieck-Western for Week Range for Week of Prices Par Falstaff Sales of Prices Low Sales Range Sale Price STOCKS— Week's Last Century Electric Co Columbia Brewing common Week's Exchange St. Louis Stock ;/ Friday 18% 17% 693 Jan Feb 32 1% CEntral 7600 Bell Teletype SL k 33% 207 29% Phone Exchange Exchange Chicago Board of Trade York Curb Exchange Associate Chicago Stock Exch. V/c 33% 33% Missouri Members \* 117% 117% Jan 25 North 4th St., St. Louis 2, 300 Feb -r*,I 18% Jan 100 a81 all6%all6% 1.60 Jan 6% Jan al04%al05% 28% 100 1 15% 11834 St. Louis Listed and Feb 20% 21 * Jan 70 125 27% Jan 230 Sale Price s. 58 17 V* Jan 35 al8% Par j 61 17 Va • Brake Air 19% Jan Last 7ft 61 1 * Steel Alloys. Jan 12 47% Jan 124% 1253/4 125 1 Springs: Steel 5% 20 y8 7% Jan 150 common 18% 12 19% 6% 179 35 a42y8 1,160 3% 1 Gas & 229 a26% a26% a36% 6 9 10,230 a 17% al8 Jan 3% 1 IV* 6% a26% Jan 22% Jan Feb -f —* common a28% a29% 19 % &28% 2% Jan 4% —— Vanadium 441 a2l% Jan 20 V4 1% : Bros Standard Feb 21 a21% a2i% 10% Feb 1% 54 Jan Mining Jan 9% 4% 150 1% Renner Co 10 423 1% 1,850 Jan 9% 4% 21 43/8 1% Jan Shamrock Jan 1% 8% San Toy Feb 10 1% 38% Jan 15 y4 Feb Jan Jan Jan Jan 9% 10% Jan 26 Va 13 100 Feb 7% 51% 313 0% 9% 37% Jan Jan 15% 959 410 Jan 10% 10 Va 2,015 48% Feb 9% 8% 22 10% 12% a37V8 a38% 20 67 20 Feb 270 Jan 10% Jan 23% -1,220 4% Jan Jan . Jan Jan 18% 23% Jan 37/a 5% 952 a50% a51% 29 Va 95 18% 23 y2 & Jan 4% 21 Pittsburgh Reymer 28% 10% Jan - ■ 50 40 30 8 V2 High Low 293/4 635 Jan Preferred Jan Range Since January I High 12% 30 119% Feb 31% Jan 19% 160 104% 30% 10 Jan 5% a30 Friday Acme Jan 16 12% a 29% 18% 100 100 •V. 41% Jan 19% Corp Fireproofing Canadian Funds & Paper common.: 1% Jan 13% 6 - Power Jan 38% 12% Forgings 1 Pittsburgh Plate Glass 25 Pittsburgh Screw & Bolt Corp * Pittsburgh Steel Foundry preferred_100 Toronto Stock preferred preferred Gas & Oil 1% 403 19% 10% Jan X-'t' 6ft Feb; 895 4,055 1% • .10 10 51 % CANADIAN Abitibi Jan Jan 93% — Jan Jan 8 Gas Jan 26% STOCKS— 1% 2 3/4 • Walker Refractories— Star Jan 27% - _ Jan Jan 31 P/4 Jan • Valley RR . 1 1%. 10% V-'r. - 4% 9% Lehigh Coal & Navigation— Lehigh Feb 6,310 3,632 14% ::S~ • 5% 162% 50 59% 4% ' —- 1 50j/4 8 • —13 1 Co Jan Jan 29% - 10 37% * Jacobs 44% 23/4 16 Low "" 200 To - Jan Jan Sales — 3,860 Last in 10% Shares • Candy— & Electric Gas National 23 V8 • Feb for Week • 10 7% a26% a26% 13% Jan 9% Range —* —-100 com a L) (D Harbison 35 a58% a58% 7% Brothers Gimbel Co Gas common Lone * Power & Feb 15% Week's Devonian: Oil———————10 Fort Pitt Brewing 1 6% Jan 6 • common Jan 42 24 % of Prices Par; 5 Light Storage Battery Delaware 1 Continental Commercial Corp com Columbia >240 10% 39% a50% preferred Prior Jan 38% Sale Price Co Blaw-Knox Jan 221 21% Natural Preferred Jan a 19% Wheel Co Chrysler Corp. Curtis Pub Co 23% Jan 110 41% 31 Steel———;!*" Ludlum Allegheny Feb 5% 8% — Works v t c„ Bankers Securities Corp preferred. Budd (E: G) Mfg Co common—.— 1% ' 15 .20 - ■ Arkansas Jan % 2,000 11/1612/16 18% 18% 10% 10% a31% a32% 19 & Tel 1% i53/4 STOCKS— ..,24 -100 common. Jan V/a Feb Sale Price Baldwin Locomotive- 19% 36% Last Jan 25 11%- 23 : Feb Feb-; 57% 1 .13% -313/+ Jan . Pittsburgh Stock Exchange Jan: a29% — , • 19 y4 232 2% Friday 11% a39%a40l/8 Par American Stores Jan 36 302 1% 10 i'y ' "C STOCKS— Jan 59%- 23/4 Jan Friday , 119% , Jan 43 3/a. .25 . ... Jan Philadelphia Stock Exchange '' ' Feb Jan 59% <*a48% a48% 10 Feb 26% 156 ' 145 18% Dr j'rj Coal Jan 25 a40 a a40% a41% 1 Willys-Overland Motors Inc Woolworth Company (F W) Jan 243/a 18 43 43% — 71% Jan 68% Jan 12 a58% a 41 '■ ■ 35 10 / a54%, * 14 5 a45% • Co— Rubber 2,721 : 235 a39% * Corp >■ Feb Company—100 Air Lines Inc 10 Aircraft Corp— 5 Corporation (Del) * United S Carbon Jan 33 Va 42% 403/4 Feb 39% - 38% ■ 186 9%' 9% 30% 70 272 24 % 23 % common 2 7 3/4 Railroad Pacific United U & Carbide Union Union Oil Corp preferred Jan 10% — —1 —-——25 25 * 10 _—•• & Co——— Swift $3 al9% * * 25 25 * : 37 Va • United .77% Jan preferred Corp 26% 5% • 15 Inc (Ind) Co Jan 8% Jan TIV* Jan Invest 500 21% a 21% 36% ——1 Mining Tonopah Transit 27% 10% • Republic Steel Corp Sears, Roebuck As Co Socony-Vacuum Oil Co Southern Railway Co. 6% Jan 33% Jan 27% a32% * • — Corp of Radio 21% — United Gas Improvement a29% a29 Va —50 25 Oil Ohio Oil'. Feb 12/16 Car Co Pictures, Inc .' American Aviation, Inc. North American Co 29 y» a49% a49% * 1 10 * «• 1 RR Central York New 21% • ;'a4%- a4% al63/4>al7 Vs * North Scott Paper common Feb 161 Feb ~6% 18 Ward & Co, Inc Montgomery 36 t Jan a39% a 19% 35% Corp.. 5% V 7 117 327 31 %. 31 1 Oil 8,866 a39% • McNeill & Libby McKesson & Robbins Inc Llbby, Jan a34®8 a34% 1 * * * * Corp— pfd Motors Northern Ry Co Great Dome 6% al8% ' Jan •37% Motors 6% a54% a54V4 * Co F) (B Reo Sun 132 a69% a71% General Electric Co—* General Foods Corp * 23 19 —/ 75 21% 1 1 5 5 1 1 5 118 3/a 118% 50 common 6% * . Co 27% 25 25 41 • * -25 Jan 35% preferred' 42'% Jan 161 1,570 8% * a80 ■ Jan 24% * a35% a357/s 5 CO- I) 8Ya a78% 15 Borg-Warner Corp Canadian Pacific Railway Co 42 Va 555 8% 21 1,504 3f% 25 Corp Salt 25 31% 31% Jan 6,626 26% ' 721 - 161 a46% a46s/a 5 : :—— 100 161 38% 24%, 26 .100 ... ... 8% .pfd Pow 1334. Feb Jan 12 1,060 42%- 42% 100 14 50 5 100 25 3 13 w 5 5 * Tel Co_—_ Viscose Corp American Tel &* 13% 13% 13% ♦ • Stand San. Corp—. Smelt & Refin Co.. Amer Had & preferred Reading ' •< 39% 23% > 6% Jan,. »■ 32% Jan Jan 4c 2nd Stocks— Unlisted Jan 9,572 4,306 300 Feb 9Va Jan 5% 6% 35% 39% ' Phila Insulated Wire 2%c Jan 11,200 7% 1,541 6% 34% 24% 26% * common Jan 3,000 8c High Low 9% 8% - 6% —.10 Mfg., Salt preference 3c 1.05 4c 83/4 , 1 Range Since January High 35 1 50 • Si 1.10 2%c 4 % c; 7c 3,000 9c Low m Light Philadelphia Electric Co common- Feb Shares t Pennsylvania RR_. 7% Feb 10c Jan 7c & for Week i "A Pennroad Corp Feb 1.45 Feb 1.45 Feb Sales Range of Prices Friday * Par -/ly'l, \ •; j 20 ys 7% 9c Co—_—-—1 Cons Chollar G & S. Mrig Coj 1 Imperial Development Co Ltdu 25c Zenda Gold Mining Co. 25c • : Pennsylvania Mining Gold 2".'' j 2,675 ... 1.45 7%. Mining Co—10c Gold Mines Co 10c Cardinal ; 3,486 19 y8 1.45 1.45 10 Black Mammoth Cons Calumet • High Week's Last Sale Price 4 , -STOCKS— .Range Since January 1 Low 22% 18% Alining Stocks— Alaska Juneau Gold Mng Co *. " S ' High Low Universal - for Week of Prices Sale Price " * ' Range Last STOCKS ' Sales Week's / Friday Algoma Steel common Preferred Jan Aluminium Jan Aluminum Ltd Co. —1 „ * -—-1 * —100 15V2c • 102 101% common of Low •; Canada 5ft pfd.-lOO __ 16c 17c 14c 16c 15 Va 15 Va 98% 98% 101 102 101101% 5,900 44,550 10 20 253 375 10c Feb Anglo Canadian Oil 114% Jan * Jan 1.68 Jan Anglo Huronian Ltd Aquarius Porcupine Gold^_ 84c • Jan -1 — « 84c 78c 8.70 8lc 94c 9.20 84c 57,350 2,224 9,500 1 High Low Jan Jan Range Since January High 10 %c Jan 17c Feb 14c Feb 20c Jan 14% Jan 18% Jan 98 Jan 99 Jan 95 Jan 105 Jan Jan 102 Jan 100% 73c Jan 7.60 75c Jan Jan 94c Feb 9.20 Feb 86c Jan »AA^ Wm»>«#ll*VWktf(i4t**W>y,rf„ THE COMMERCIAL & Number 4359 Volume 161 LISTED MARKETS CANADIAN RANGE Range of prices Last 8TOCKS— Sale Trice * Arjon Gold Armistice Ashloy Gold Astoria 1 Mines Gold Gcid Bagamac Bank Bank of Bathurst Bear 41c 34,800 36Vic 80c 17,700 74c 4.05 4.20 15,125 9.25 11 class Power Wares • A 10% Jan 1.05 Jan 19% 19% 19% Feb 22 Jan 40c Jan 48c Jan Gillies Lake-Porcupine Gold 10 Feb 10% Feb Glenora 'it' 20 43c 55,867 25 13c 15 %c 46,500 12c Jan 20c 22%c 25,700 15Vic Jan 16% 2,240 14Vi 300 8% Jan 3,024 22 % Feb 24 % 915 23% Jan 100 25 Jan 26% 22 155 21 Jan 22'A Jan 52c 21% 1,000 53c 76,650 48c Feb 78c 38,800 69c Jan 48c ' 6.00' Feb 73V2C Jan Feb 78c 5.20 12%C/18%c 273,900 8%c Jan 19 15 18 % Jan 19 Jan 4%c Feb 3%c 4%c' 3%c 12,500 Jan 18%c Fjpb 11% 320 10 % Jan 12 Jan 22 24 275 17% Jan 24 Feb 14% 15 190 10 Va Jan 15% 12% 80 11% Jan 12% Feb 1.75 2.05 29,205 Jan 2.05 Feb _ Canada Northern Packers Bank Feb Jan 10% Jan 33% 34 Jan 34 Jan 14% 13% Jan 15 Jan 9 Va 3374 7% 9% 33 165 164 »/8 165 158% 123/4 1374 117a Jan 46% 45% 46% Jan 165 Jan 133/4 393/4 Jan 46 V2 Feb 72 73 71 Jan 73 Jan 2374 23 Jan 24% Jan 5% 14% 14% 14 Jan 8% 8 Jan 8% common— Jan 75c Jan lOVic 12c 42,920 9c Jan 13c Feb 4Vic 5Vic 7,000 3%c Jan 6c Jan 42c 144,386 lO'/aC 40 Vic 25C 5V2 " Preferred ',u 6 Jan 15 Jan Jan 9% Graham -Bousquet —_WiV, Great Lakes Paper v t c common. Jan Jan common———* 46Va 46% 905 45% Jan 47% Jan • 21 % 22 255 21 Jan 22% Jan Oils Canadian Pacific 20V .25 fig '.v Tire Wirebound Gold 20;1 Feb 19 Jan Jan 15 Vi Jan 17. 5 Mines Central Porcupine Mines Feb 6Vi Jan Jan 14% Feb 16c 16c 500 11c Jan 16Vic Jan 30c 35%C 26,500 22 %c Jan 35Vic Feb 9% 9% 435 8% Jan 9% Jan 7%C 8c 7,700 5c Jan 8c Jan Gold 3%c 3c Jan West Great Saddlery common—. Grull Wihksne Gold Mines— Gold Gunnar Ltd Mines Gypsum Lime & Alabastine Halliwell Hamilton U - Mines Bridge ■'* .. Jan ..1 1.10 1.10 1.19 1,050 1.00 Jan 1.25 2.34 2.32 2.40 13,400 1.99 Jan 2.40 Jan 15 %c 15C 16c 24,900 12Vic Jan 16c Jan 10c Feb 25%c Jan 32c Jan 56c 1.00 227,600 54Vic Jan 50c 54c 25,700 43 %c Jan 60c Jan 91c 96c 3,800 77c Jan 96c Feb * 5 12C 12c 12 %c 9,800 10 %c Jan 10 Va 12 % 12% 2,255 Jan 12Vi Jan 3.25 3.55 28,425 3.05 Jan 3.35 Jan 5c 4V2C 5c 18,400 3%c Jan 5c Feb 40c 39VaC 42c 30,500 34c Jan 43c Jan * Howey Gold Mines Hudson Bay Mining & Smelting 33 32% 33% 3,656 30 Jan 34 Feb 1874 19 255 18% Jan 19% Jan 14. 14 Vs 2,910 ... /;■ 6 __ —100 — 105 % Jan 12% Jan 13 Jan 100 14 Jan 14% Jan 9 '< 9 95c 23% 9% Jan 25,000 85c 23 230 95 105% 105 Va . 8 Jan 71c Jan 95c 22% Jan 24 Vi Jan Jan 10 105 Jan 106 Jan 104 Feb 106 Jan 104 104 104 10 • 32% 32 Va 31% Jan 33% Jan 22% 22% 33 22% 2,337 • 9,030 21% Jan 23 Jan 12c 12 %c 4,700 —100 preferred International Nickel Co common. International 14V4 805 14 VXV 95c • A. Jan 13 14 ....1 common 13% 12% * International Metals 12Vic Feb —1 Gas & Feb 3.30 12% * —1 Oil Oil 1.00 - Petroleum . 12 %C Jack Waite Mining—————._ 1 Jan 10c Jan 18c 5c 3,000 3c Jan 5c Jan 36c 47eC 7,260 28c "Jan 37c Jan 5%c Jan 10c Jan Jan 4c Jan : 34C 8c 9c 25,021 3%c 4c 2,429 Jan 1 Jan 91c 18C Jan 2.20 Jan 5Vic 53c l 22% Jan Jan 88c 84c JellicoA Mines — J M Consolidated Gold Mines Jan 1.80 124,100 Jan ,7% Jan 6% 1 34c 20 % 10c 17 Jan 72c 17,500 1 75 Jan 10,400 28c 1 1,800 16 Vi 1,025 87c 26c Jason, Mines 2.10 iW 210 17 7%.- 7 26c Jacola Mines 2.05 Jan .1 Highwood-Sarcee OilHollinger Consolidated Gold Mines A Feb 7% 1 Mines. Hedley Mascot Preferred 3.70 Feb 7%c Hasaga Mines Heath Gold Mines Home Jan 6% 1 Gold Harricana 4c 3.10 195 82c Mines. Mines Gold Jan 2,030 16% —— , Gold 41,800 6% . ' /VV:V V; Cotton Rock Feb 4c 6% Co Feb 3.70 3.45 Mines Hallnor Feb —1 — 7%c 4%c Jan 13 ft?xLj -TCv 13% Jan 2.05 21%Q,i21% 00i Mines Central Jan —1 Boxes Cariboo Gold Quartz Mines— Castle Trethewey l Jan .1.35 11% 100 17 3*?' 16%CL Canadian Canadian s; '".Ofi'l; Jan 17% Jan Jan 160 12til2% 00i • Ry 7% Jan 16% 70c 4,418 20 XV. __* common— 8,265 100 Inglis (John) Inspiration Min & Devel 13 Canadian 7%C Jan 14% Imperial Varnish 6% Jan 14% Jan 455 56 29 19 350 Jan Jan Feb 30,020 55 27% 17% W 39 115 19 7 % V' Jan 56 29 preferred Jari 1.27 V 94% 28 V t c Jan 7 7c Jan Preferred Jan 17 ; 17% Jan 91 Va 29 17 1.18 3c 65 Jan 46% 30 * 12,500 93 Jan 25% Jan • Jan 11,950 4%c 5% Jan A—* 1.05 1.04 4c 92 27% Jan Jan com Jan Jan 8 Feb 28 % Alcohol 83c Feb 15%c 243 44 % 11 Malartic Jan 29 24% 285 Industrial 9c 5% 16% 348 Locomotive 13,700 Feb Jan 7c 5% 16% 29 Canadian 12c 13 %C 42c 28c , 28% 46% 11% Canadian Jan 6%C 50 — 25 Vi 11 Dredge 4c 4c Jan 28% — Jan Jan 9,800 14,500 Jan 5574 1.00 - 27c 21 %c 27c 5%C 1.00 104j/2 Jan 25c 13c 16% — 37c Feb 9.25 5%c 92% Homestead ■ Foundry common.._• — —25 & Canadian „ Kelvinator 25c Jan Jan 28c Kirkland Kirkland 1 25c 26c Chesterville Larder Lake Gold Mines—1 2.25 2.36 25,728 1.56 Jan 2.42 Jan 1.40 1.45 600 1.30 Jan 1.45 1 Gold 2c 19 12 Mines.. Bay—1— 1.12 Lake 19 V4 175 18 Va Jan 19 V4 117b 12% 5,845 11% Jan 12.% Feb 70c Canada. of Co Kert-rtddison Kirkland Hudson 73c 2,200 56c Jan 75c Jan 1.12 1.20 31,040 16C" 1,000 Jan 1.00 Feb 1.24 Jan Jan Research Chemical Mining & Smelting Chromium Cockshutt Plow Commoil 3.35 3.55 13 13Va 395 Bakeries Consol Canada of & Petroleum Delnite fund Jan Lake 25c Jan Lamaque 43c 43c 1,000 41c Jan 43c Feb Lang & Sons.. 6% 6% 550 Feb 7 Jari Distillers 400 1.45 Jan 1.72 Jan 4,830 1-.45 Jan 1.74 Mills 1.67 15 15 Va 90 15 Jan •''16/: Jan 53 1,643 49 Jan 53 Feb Leitch 149 1.45 149 100 142% Jan 1.57 53,820 1.21 Jan 147% 1.45 Seagrams 20 24 Jan 25 10 91 Feb 94 ——_—* 25 14c 14c 1.25 1.37 4,900 3%c 4c 5,500 3%c Jan 43 3% Jan * 1.35 1 3%c • .100 common. Dairies .preferred 23 25 Dominion Stores Dominion East <*«.—• 73/4 r**—1 Woollens common Mines Donalda 1.25 ——1 Mining Co Crest East Sullivan Eldona —— Madsen 565 25% 2774 Jan 19% Jan 12 Jan 1274 Jan . 100 29 25% 29 310 ' ' ,<C $V.' Jan Jan Red Lake Gold footnotes see page 700. - 3c Jan 1.15 Jan 47sc 1.45 Feb 23,290 1.23 Jan 1.49 Jan 27 Jan 25% Jan 27% 260 26% 365 ^ot L§p 1.18 1.45' 232,350 4.25 4.35 3,017 Gold 2.70 2.85 2.42 2.60 17,563 39,200 17,725 4,500 1 Fields 3.70 • — 3.65 2%c . 3.70 3c 15% 15% .1,280 .780 14 14% 200 . . 30 7% 774 765 1.20 1.31 84,100 27c 16,900 Jan 16 Jan 101 ...>/ J 7% Jan Preferred Jan Feb Jan 89c 3.85 Jan 28 Jan 26% Jan 1.45 Feb 4.40 Jan 2.85 Jan Jan Jan Jan Jan 3%c Jan Jan 2.25 2.17 3.25 2c 11 2.60 Feb 3.75 Jan 1 Jan McColl Frontenac Preferred Oil common Jan 15% Feb Jan 147a Jan 110% Jan Mclntyre Pqrcupine 8 7% 98c /,22c Feb Jan Jan Jan. 1.31 Feb 28%c Jan McKenzie Red Mijies—— LakA: Mines.— McLellan Gold Jan 15c 2.99 Jan Lake/GoldMcWattersi Gold Mipes——— Jan 19 Jan 8c Jan . 123/4c Jan 9% 97a 1,408 8% Jan 970 Jan 23'%' 22 % 23% 1,430 21% Jan 24 Va Jan * 10% 10 10% 1,655 8% Jan 107a Feb 75 ...105% Feb 1067a 100 106 ''. Mercury Mills 52c 8,300 46c 60c 15 15 75 1474 Jan 15 Feb Mid-Continental 37 37 60 35% Jan 37 Feb Mining Corp 16c 5 Jan Jan 23c 9 8%c 105% 106% 65Va. 5 .-1 1 1 • V 8%C 9c 65 65 Va/ 1.52 1.58 2,100 . •; 265 8c Jan 59% Jan 14,905 1.44 Jan 5%c 5%c 6,500 4V2c Jan V 30c 25c 34c 233,979 27 Vic 26C' 29c 17,675 13 13% 645 17c 19C 61,100 2.22-2.40 11,887 1.57 5%c > „ 9c 67% Jan 1.65 Feb Jan Jan 6V2C Jan Jan 34c 22%C Jan 30c Jan 13 Va Jan 24c Jan 16c Feb Feb 47c 77a 6.000 15 Jan 12 Jan 108% — — Jan 77e 10c 11 %c Jan Jan 17% 10c McDougali Segur Exploration*.. Jan 350 .* 11 Jan 8% 13 2.26 Jan 54,100 410 20 common— 14 11c 19%c22%c 2,730 .-1 * Maralgo Mines Preferred 295 14 18% .11 13% • ... 11 13% 18% —10 Maple Leaf Gardens preferred Leaf Milling Co common Oils Jan Model Jan Modern —. «—; * & Gas 13 % — Containers common * 19c * Oil 2.31 1 20c 20c 22c 2,900 * 22 22 22 15 v For Feb iZi Maple Massey-narris j K ifjlOO 101 7% 24 %c % 30 2674 15 101: 109% 109 % Feb 24% Feb 15 , 31,500 77s 16 5/8 16 Jan 18% 50 43,020 * Jan 315 13c 20c English Electric class B 5o» 19 2.99 Gold Feb Jan 27 2.54 12c __ Feb 11c 25% "2.74 2,85 — Jan 16% Jan 27Vi , 1 13c * * Goldfields 1 2.90 25 ." Class "B" McMarmac/jRed 1 Mines Investors— 7.00 Jan 9c 15,200 1.49 Mines • Steel Economic Jan 15% 11c 1.40 MacLeod-Cocxsnutt Gold Mines 1 Oh East Malartic Mines Ea^ern 26c 6.15 OS 16% 7,500 22,250 ;JU40 Jan 12% 7% 109% 2,191 7.00 . 10c 4%c 1.45 1.15 Jan 27% 25 / 6.93 4%c 1.39 Macassa Mines, Ltd 18% 29 147s Duquesne Jan 12% 26% 15% Jan 26% Loblaw Groceterias class A——.-—A Louvicourt Jan. • ^>,*100 Feb Jan Manitoba & Eastern Mines 101 Jan 24 16% 1.44 Mines Ltd——* Feb Dominion Tar & Chemical common—• Preferred Little Long Lac Gold Feb —25 1.55 Jan 16 Va 12V2C Jan 6,700 V ^-i.100 Jan 17% Jan 115% 15 B 1 ,49 — 1.25 1,838 4%c 1.40 1 - Mines. Ltd Feb ■W. 2,800 535 15.%c Jan ' class 25 h Gold 115 % Dominion Malting common — Jan ; Mines Oro 20 — Jan 1.38 16 Vi 2,598 18% • 10 %c Candy 49 44% Jan 2.80 23% 16% -*115% 115% 49 • 25 35 Dominion Foundries & Steel com . 6.95 1 Malartic —.10 Ltd Bank Steel Jan 1.58 91 Dominion Coal preferred Preferred 149 25 14c : Mines Cadillac Gold Mines. Lebel 51% 53 16c 22 Ltd Mines, Gold Laura Secord 1.72 25 — Shore Jan 3,400 i Jan 1.70 1 Dominion Lapa 1.55 25 V Preferred Mines 6V2 91 rts— Gold Mines Dominion 62c Jan • * Mines Dominion Jan 23c —100 div Da vies Dome 43c 1,000 100 —.... Imperial Denison 33,194 5 (Toronto)— Box Preferred Cosmos 59c 24c 2.35 1.32 Dufault Mines Ltd 54c ._* Smelting Conwest Exploration Corrugated Lake • Mining Consumers Gas Jan —5 Mines Consolidated 13% Feb 14c 2.60 2.50 Mining & Exploration. Labrador 1 Ltd Coniagas Gold Mining Coniaurum Jan Jan * Commonwealth Petroleum Co 13 3.70 16c 1— Townsite 24c ;— National 2.94 Jan 19,625 —.—-———1 Ltd Conduits 3,800 Mines-——1 Co Lake Coin • • Gold Willans C'ocheuour V' Jan 50c 17% New preferred Canadian Celanese : ll5/a 60 25% common — ' / 6,353 Imperial Bank of Canada 10 Imperial Oil * Imperial Tobacco of Canada ordinary_5 45 Patricia 40 10 13% Feb 23 5/« _ Preferred Canners 101% 103 1 %l.< Jan Commerce—. preferred Conv preferred Jan 500 Mining Co —is.*.——1 Goodyear Tire & Rubber common * Harker 52 common 1st 17 Harding Carpets 5% __ Mining Hard 42 _100 Feb 9.50 1 —_—-1 Mines Gate Hamilton Jan * A Eagle Jan Feb * 15% 101% • Ltd Mines Jan 125 50 —50 Breweries Feb 42 * Canadian 119% 51 common- -- Bakeries 10% 42 . Canadian 7c Jan 14 . Mortgage Cable - Feb 9% 50 — A_ 80 Feb 3c 42 * Lines .. Wire & 11,500 10 • — _ — Permanent 4%c Feb 30c Jan 119% 119V4 4-- _ Power Steamship 21c $ _ class B 45,000 93/8 9%v .Too 30c 3c Foundry class B Malting Canada 1.70 25c __ 16 Jan 12% • Feb 15Vi Feb Jan 9.50 GoQdfish Feb 11% preferred Cement common 92 102% 1 1 Golden Manitou Mines Jan 2,200 14% 2nd Feb 6% Halcrow Swayze Mines— 6.50 6.45 11% _ 92 , Jkn 22% A 92 Jan 2% Feb 2% 73 %c 4c 92 . 1 Gold Golden 24% Feb 26 2% 18c Jan 50o God's Lake Mines Ltd Gold J&n 21% 6.00 5 105 1 Goldale Mine Jan 23 Vs 76c Mmes. 878 24 1 — Jan 5 Va Rights Jan 17% Jan 8% 23c 24 — 97 100 Preferred Giant Yellowknife Gold Mines 15 %C Feb 25% Camp Bird Mines _ 17% 22% 21 % Jan Jan .* common— Jan 19 Mills Car Jan 165 Steel Jan Edmonton Corp Ltd Calmont Oils Class "B" General Jan • Jan 103% Jan • Gold class Linen Canadian Jan 24 90c to Canadian 33 Feb 10 2274 Oil —: Canadian Jan 22 % 161 ,24 % • Steel Canadian 22% 25 8% Extension Preferred 100 22% 20c • Oil 1114 99 % 10% Jan 98 .♦ Preferred 383 17 Feb 104 A. Mfg 1,100 7'— B Canada 30'% Products 5,600 Products Canada 34,899 General 1.05 » Preferred 1.85 13 %c Packers Canadian Canada Jan 10% _• Ltd Feb 9.25 Jan 7.65 5% preferred 5%% Jan 1.86 41c 1 _ _ 72c 97 10% 43c Jan Jan 103 % 10 Buffalo Ankerite Gold Mines- Class 2.29 Jan 162 163% * Porcupine Mines, Ltd Canada Jan 1.56 common. 1.00 1 -1 Dominion Canada 1.80 Power preferred 5% 1.05 .100 B Canada Gatineau Feb 17% Jan 131,170 2.18 Feb Jan 25% 2174 14%c Jan Jan 14 30% 1 Mines British Columbia Caigiirv 12%c 10% American Caldwell Frobislier 19% Columbia Class Jan 4Vb 21 11% Jan 44% ; 59c 22,565 A ... Feb Feb 8.65 30 Jan 1.77 Mining 26 Feb • 1.92 Mines— Jan 25% Exploration Jan Jan 2474 45 28 Vi Jan 7Vac 75 37,450 42 Jan 1,030 72c Co Jan •• ••. 4% 75 Jan 26 21% —— 38 Jan 3% 65 25 Va 21 Francueur 1,000 British Bros 25 Va A : Jan 66c » Burlington B— Jan 7 37 3% • 12,900 British Burns 25% —* Canada class of Co Class ■ 825 • 17% Cordage common.. Brazilian Traction Light & Pwr com. Bunker Hill 4 Mines 13c 13 %c Mines, Building • * 3% . Jan Gold 16% Brantford Buffalo Ford Jan 16c Jan 5.50 Feb Jan 4.30 5C Foundation Hats Broulan 21,500 Feb — Bobjo Mines Ltd British 7%c Jan A Bldgood Kirkland Gold Class 75 674C $ 500 70 Mining-; .———1 Kirkland High 9% / Jan 8 355 3% 69 17% 25 Gold Bralorne 38 3% 15Vic preferred Gold 37% * Jan 380 Bertram & Sons Bonetal Jan 22% Biltmore 1 100 Jan Mining River 12,895 17 Va 29% Bell Telepnone of Canada—.. 5.50 10%c Class B Belleterre 4.90 190 43% Class 10 31,600 29% Brothers 87a 17 % 17 class 8% Preferred Federal Jan Low 25 Candy Shops Farmer Range Since January 1 ** '".yl; • Fleet Aircraft 13c Shares 12 Vic 15 Vic 15c Mines. 43% Power Fanny 4,215 15c 46c '.• ••' Federal Grain common Jan Jan 4.10. 19Vic Jan 76c Beattie Gold Mines Ltd Berens Jan for Week High Falconbridge Nickel Mines 7Vic Jan Jan 38c Exploration & Radium. Beatty 6c 16c Scotia Bread Metals Base 200 18,950 14c Consolidated Nova Barkers Jan 77c Montreal of Sf ' Jan 35c 38c Mines Bankfield 16c Jan 7c Sales Range Low Equitable Life Insurance Feb 22c Jan 1 Mines Week's of Prices 1 Sale Price STOCKS-— Par 10c 1 —— 9 1 28c 1 Aubelle Mines Ltd FEB. High 16%c Jan 2,200 14,300 4,500 . 34c 7c 16%c Aumaque Gold Mines Aunor Range Since January 16c 17 %C 7C A 22c 31c 34c —I ENDING Last Low 13ViC 14 %c 14c , 1 - - Quebec Mines Shares 21c 22c 1 Mines Ltd Area Gold WEEK Friday High Low Par FOR Sales for Week Week's Friday 697 FINANCIAL CHRONICLE •/' : ' 12% 17c 1.99 Jan Jan Jan 2.40 Feb 17c Jan '22c Feb 22 Feb 22 Feb ' LISTED CANADIAN RANGE Week's Range for Week of Prices Shares Friday '• , V ■' • p Monarch Knitting Preferred Moneta V;;f"1' ; V,• 100 10 10 90c 90c common— Montreal Moore Loio 94 Feb 98 53c Jan 95 80 71,630 21% 22 740 57 57% 1,874 Jan We-tons Feb 23 57 Jan 60 Jan 24c Jan 12 Feb 13 Jan 21 % preferred 18 Feb 18% Jan 18% 395 18 Jan 18% jan 100 169 99% Jan 100% Jan 9%c 10 %c 13,609 8c Jan 12c Jan 24c 23c 24c 13,500 12% 12% 12% 95 6% 7 570 6% Jan 8 J.n 77 78% 105 68% Jan 83 29% 29% 29% 190 28% Jan 30 Preferred Jan 110 110 10 110 Jan 112 National 12c 500 12c Feb 12c Feb Wood; 22% 22% 23% 265 22% Feb Jan Wool 19 18% 19% 5,375 18 Feb Electric Winnipeg Sewer 25c Petroleum— National class A Co Pipe Jan 500 16 * * Steel Car National — Nipissing Mines Ltd Mines Normetal Mining Northland Mines common _ 7 • 1,718 ,52 Jan 45c Feb 50 52% Jan 17,500 7c Jan 16c 6%C Jan 9%c Pacalta Combing Corp.—— 63c Feb 17c 30,300 12 %c Jan 1.53 50,740 1.10 Jan 5% 5% 3,240 5% 5% 2.60 2.90 5% 2.67 4,136 70c Ymir Yankee Girl CJchi -I_ : 5 Jan 6 5% Jan ..':Y6VY: Jan 130.455 2.26 Jan 2.90 23,100 42c Jan 58c * —-—1 26 %c 22c Jan 30c 43c 41 %C 48c 54,838 34c Jan 54c 10% 10% 10% 50 9 Jan 11 Jan 4 14c c 15c 53,814' 10c Jan 15c Feb -• 50c 50c 55c 31,000 50c Jan 61c Jan 1 54c 54c 54c 500 54c Feb 60c Feb 99 Feb 102% Jan Cadillac Oil Pantepec —_—— _ Co 101 100 101 1.50 1.50 1.70 59,*725 1 11 %C 11 %C 11 %C 2,500 . . 14% 14% 50 5c —1 Bol. /. 6%c 22,000 5%c Mines..—_—1 Gold Malartic Partanen -">>45*" * Ltd Mines Porcupine Pandora 12% • Hersey Tubes Gold Pickle-Crow Columbia Bifown Co 1 Jan 14c Ganada & Canada Vinegars. Feb 47c East Preston 21,975 1.06 Jan 1.45 Feb Dalhousie Oil Bridge Co 3.20 3tl5 3.25 2.40 Jan 3.25 Feb- Donnacona Paper 4.35 Jan 5.60 Jan 51 Jan n% Feb 11% Feb 50 25 Jan 25% Jan 25 25 11% Jan 45% 11 Jan 12% Jan Feb Jan .* 11% .•■' * • 3% 15,520 2 Jan 3% % 8% 3' ■ 8% 4% 2,360 8 Jan 9% 28c Jan Feb 5.60 1.10 1.25 17,700 98c Jan 90c 1.05 12,500 81c Jan 7% 7% 65 7 Jan 1.68 1.90 63,075 1.15 Jan 4 1.68 1 1 1 Mines Dome 79,125 1.45 5.35 , 14 1.25 Feb 1.05 Feb 9 Jan 1.90 • Feb Feb 16 Jan 14% 16 1,540 3.00 2.80 3.10 71,741 30c 28c 32c 14,700 28c Feb 40c Jan 55c 1 Purdy Mica 25 55c 60c 3,100 45c Jan 60c 29'b Feb 182 10% Jan 1.55 6,500 1.28 Jari 155 Jan 16 100 16 Jan 17% Jan 19 ? ■ 16 ■ Reno Gold Mines— Riverside (P L) Robertson Preferred 1.30 1.28 1.39 43,737 21 %C 21c 23c 9,600 1 8c 7c 9%c 25,900 , Mills Silk 1 —* * common 45 30% 30% * "A"__ class 34% 105 35% 1.20 1.39 Jan 19 40 Jan 35% 135 27% Jan 35% Feb 1,285 12% Feb 14 Jan I 4c Jan 12 % V- 12% 13, Feb Silknit 1,100 4 4%c 4%c —4 3% 3% 5 100 Selections——^ Oil 70 70 35 —_— common. Jan 30 Feb Feb Pend Feb 30% Feb 36 Jan 35 — Oreille Bros Price 35 35 :170 35 Feb 1 13C 15c 3,500 10c Jan 15C Jan 41c 40c 41c 9,565 36'/2c Jan 44c Jan 1 ; 1 — 16 15% 16% 610 15 Jan 16% Jan 20 21 540 20 29% Anthony Gold St. Lawrence 4c Sand River Gold Jan 18% Jan 4.80 10,876 4.05 Jan 4.75 1 1 i 7%C 7 %c 7%C 700 34 %c 34c 36c 38,200 17 17 17% 1,040 5%c 7%c 19,600 1.23 1.25 2,600 75c 77C 19,623 50c 1 Sheep Creek Gold Mines Pherritt-Gordon Gold Mines 75c 1 Preferred "B" new Class ySlscoe Gold Slater (N) South End of Co 13% 614 12% Jan 13% 13 200 12 Feb 13 11% 1,185 10 % Feb 14% 80 11 103 Jan Preferred Asbestos Jan 25% 59c 64c 58,600 52c 25% 25 23 24'/a 4c 5,500 3C Jan 4c Jan 25c 3,100 19c Jan 25c Feb Bell 36 36% 150 3% 3% 14% 1.25 33/4 295 3% 15 355 14% 7% 7% 100 7% 1.62 Jan ; 5 Jan 36% Feb 4% Jan 70% Jan 76 Jan 25c 3,700 25,500 2.40 21c 4%c 2.95 Jan * 29 * —100 Mortgage. * United "A"_. 10 17 15,245 1.30 200 65,734 11% 90 16% 3.50 1.30 17% Jan 1.40 Feb 88c 13 Jan 1.25 600 90c 29 29 115 28% 100 54 Class B United Gold ; ■_ 110 15 30c 33c 14,200 100 preferred > New Vulcan J 1 Oils— Waite-Amulet & Worts Preferred Jan 1,045 44% Jan 46 Jan 40 10 39 Jan 40 Jan 11 Jan 13 Jan Jan • 11% 11 11% 564 28% 28% 29 ,140 28% Jan 30 4 100 '47% 46% 47 1,340 46 Jan 47 162 15 160 J an 162 23% 15 X «• ——: 162 Locomotive 12% 12% —— 17 Feb • 12% Jan Consolidated Mining &'5ihelting—5 52?% 5% 53/4 5% Jan 6 Jan Consumers 10c 9c Feb 10c 725 4% Jan 5% Jan Distillers Seagrams com 57,075 2.29 Feb 2.60 Jan Dominion Bridge Dominion Coal pfdit—_—itii-——25 Dominion Dairies, cqmmon—'Ld^„ s. 15% 15% 16 4,299 15c 17 %c 175,100 . .... 22c 1,500 Jan 16% Cockshutt Jan 26c Jan Jan 4.70 4.65 4.85 3,784 • 74 71% 74 1,790 71 22% 240 21% Jan 4.65 22c 5.00 Jan' 21% ; Jan Jan Jan 1.47 Feb Jan 1.51 Feb 6% Jan 6% 6% Feb Y: 10 95 - 140 95 42% 100 4 25 660 42% 115 140 145 110 94% 41% 128 Jan Jan Jan L— —±ti 7% Jan 7% Jan 17% 700 16% Jan 17% 12% 2,813 11% Feb 13% Jan '13% Jan 12 Ta 12% 120 12% Feb 53 1,386 49 Jan % 53 Feb 35 1,786 33 Jan '35 * —f 29% Feb 49 1,900 42% Jan Feb .49 31% Jan Jan 1278 Jan ';;;i 44 :V,.29 12% 12% 800 125 .125 7% .'7% 15 15% 14 14% 109% 110 Li—1 Jan Electrolux 42% Jan Enamel Feb English Electric class B_. & Corp Heating Products — 4 4 ll1'; Jan 30 ?■ Jan Jan Jan w V s :... 14 14 Jan 12% Jan 109% Jan ► v 8% Jan *,15% Feb 147« Jan 110 Jan Jan Jan 74 Jan 16 31 9 Jan 10% Jan 2,625 12% Jan 14% Feb 50 6% Jan 8 Jan 50 5% Jan 9 Jan 81 2 1,080 10%' 14% 8 Jan 125 161% 73 7% Jan 155 234 162 13= 7% 2,255 ;..y, 72T» 9% \ Jan '. 4,082 162 72% 124 ;y.Y.- •" is :V.! .7% 10% 97 9% "27% 130 Feb ■ 4 Dryden Paper • ■12% 121' 10% 29% . 14% com— 12% -.29 1,805 29% conynori—U-L.——100 Chemical 29% Vio% 4 Preferred _.i_: ————100 Dominion Textile common: 4 Preferred 100 Dominion Tar & - 49 Jan 145 Jan .52 ——i-' Preferred Jan iS22 Vs Feb Feb 7% 33% ' ♦ Dominion Steel & Coal' B—!_——25 Dominion Stores Ltd ______j__——* 1.15 7 — Jan 1.21 7 Glass Feb 46,190 7 Plow Dominion Glass 75% ! -35 Jan ' Jan 12c Jan . Jan 115 6 % Feb 12 17c 33 Jan 17% 43/4 355 375 Feb Feb r;; 45% 4,500 33 Jan 23% Feb 115 7% 33%. Canadian Pacific Railway————25 common 23 % 5 115 115- —.100 — • 23% > Jan 20 Jan 46 39% 25 '• pfd 8% 4,722 , >45 4 Jan 114,500 9% 9 8% * Feb 1.47 footnotes see page 700. 46% Feb 8% 1.51 For Feb 46% Jan ,. Jan 13% Jan 2.96 29 10% Jan ■ :» ■' Fairbanks Jan Jan 123 11 % .7 1.40 common ■ Feb 40 .>••7 1.30 Preferred ■ 105a Jan 7%. Jan 1,135 Feb * 9% 117 225 : 3,180 11 4 1.40 New preferred 9 Foreign Investment—'—4 1.37 Western Grocers Feb 13% 17 2.38 common Feb 19% 46 % Ind Alcohol 1 New 19% 45% 27% 4% • Jan y 12% Canadian 1 com 17 Feb Jan 12 Jan Jan Jan 2% Jan 13% Canadian Lake Gold Mines Mills 22 :.-9 %•• .—I———„'4 Canadian Feb Malartic Flour % 9 l/2 Jan Wasa Canada Jan 18% 119 44% 2.29 • Jan 11 595 10 117 150 22c 24 2?e 12,610 9% r._——50 - 7% Rights: West Western 19% 165 » com Preferred 19 Jan Feb 21 1,335 19% Feb 164 22 % 325 19% 45 4% 1 Mines, Ltd. Walker-Gooderham 11% 19 Jan 162%. Jan 357 ... 11% 29 2.30 16c 17% 9,775 9%C 1 Jan 2% 17% •;'< Oils 7,526 14% • Celanese common Canadian Jan ' Vermilata Jan 885 17% lY Ventures, Ltd. 21% 22 29 4 Jan 1,116 22% 21 % Canadian 100 Upper Canada Mines Ltd Jan 102 22 44% 0 Jan 104 Jan • Power . Feb 35C Jan 1 99 Jan 2,116 * preferred __i—: Jan 110 Jan Jan 5% Feb 94% 19% L, 54% Jan 24%c 8% Steel United 54% 1.60 25 97 % 22% Dredging———^___5 Jan 20% 100% 23 100 30 Feb 2,400 „ Oils 54 1.30 Jan 466,926 17% Jan 22% * Mills Silk Jan 8% * 19 2% Canadian Car & Foundry common ; Jan Feb 2.96 * Jan • Canadian Bronze common—: Jan Jan 11% 8% 50 14% 40 163 163% 163 • Preferred Feb 51c 2.45 ; Jan • Preferred 5'Jo Jan 4.00 Jan 8% „ 114 255 , 17% 16% • —100 Canadian Breweries "common 2.70 !■_. — Fuel class A Jan Jan • Corp class Class B United A Steamship common Jan 31c Union Gas Co.. Jan 113 688 i 22% 22 22 ,* ;. Northern 1.75 —* Transcontinental Resources 20 5 102 Canada 2.90 1 Towagmac Exploration Jan 100 101 101% 100 Feb 95 90 97 Va pfd High Low High 99 Canada Jan 110 54 50 Range Since January I Shares 97% Feb Jan ' — for Week Range, 768 Jan 1.50 1.20 1 , common , Sales Week's •of Prices 15% 7%c Jan 2.45 73c 82 %c 1.30 -'r«, , V '-r.- , 15 26c Jan 8,800 4.00 11% Jan 18 %C Funds 15% Canada Cement common Jan 14,350 1.69 2.85 74c Bruck B Bulolo Feb 1.60 1.30 ' , . 114 Building Products 73 2.80 • * ^ 20% — Jan 68 1.65 5 ,1 *' Jan 85 7%c 3.85 , —_10o: of Can 8 Feb V 100 2.80 3.90 ^ 20 —_ 15 Jan 69,955 %c 17 <■ 114 Columbia Power Corp A Class Feb 2.85 23c 24c 7%c Jan Y Jan 70 73 2.55 1 Mines Tip Top Tailors common.. Toronto 5,000 ; Traction Lt & Pwr Brazilian Jan 75 69 70 75 2.58 —1 1 1 1 28 14% • * __ Jin 14c pfd__100 ■ Preferred Jan 43 5 Telephone Co of Canada British • — 102,500 1.62 1.43 1.55 • common. — Jan 75c Feb 95 Power & Paper class Bathurst 22c * common Elevators 23c Feb 41 95 Ltd Co Corp 3%c 4 Thompson-Lund Mark Gold Mines Toronto Feb 55c 10 Feb 62c 25% Preferred Feb Jan * com ■].Texas Canadian Oil Toburn Gold 21c 282 41 —4 ——__100 com — Aluminium 115%';;an ; V 256 55c Low Algoma, Steel common—— 64c' 58c * .... — Teck-Hnehes Gold Agnew-Surpass Shoe ' Jan 18,750 , ' i Sale Price Glove Works Ltd 6%^ 85c'( rJsln 80c 82 %c 25 Tamblyn Ltd Acme * Sullivan Cons Mines Sylvanite Gold Mines 21c 12c Par * Sudbury Contact Jan ..Last Aluminum 80c 20 River Gold Mines— Sturgeon - 11% r STOCKS— Jan 104 % 104% Mines Feb 98 Canadian ;' Jdn Jan * Canada 34 Jan Friday Jan 15% J , Jan 10% — Iron Rock Jan 95 % Montreal Stock Exchange Feb 79c Jan 16 i ■»_ i Feb Feb Preferred Steep 1.25 1 Standard Radio Steel Jan Feb & Materials 33% 45 1 Feb 9% Petroleum Preferred 65c 8c 15% Mines Paving 1.10 Jan 1 Chemical Standard 3c 790 Sturgeon 'Standard 15 97 21c 13c Jan 350 —100 Co Jan 34 41 " 4 1 Jan 18 9% Southwest Petroleum Springer 8c 39c Feb 15% Mines Malartic Bladen Jan Jan 17 9% new : Jari 1.49 55c * Petroleum ordinary Temiskaming Mining Supertest Jan 5%c 31c 15% —___' Preferred 30c Jan 97 — 21c Southmount Investment Jan * r———4 Simpsons Ltd class "A" 1.30 34 Y 100 preferred— Jan * ._ -—— — 1,300 Jan 4.90 13% 13% * common 3Va 20 12 Sigma Mines '—.. Silverwoods Dairies , 2% 25 4.70 Shawinigan Water & Power————* Shawkey Gold Mining 1 . 125 3 1 Mining Senator Rouyn. Ltd Jan 11,500 18% 3%c * 50 Mines Ltd 2%c 4c 3% 18% 4c 1 Mines Corp common Antonio Gold 1.36 1.35 : Feb 20% 10 Class A San Feb Jan Jan Inc Russell Industries common 8b 1.35" 15% Jan 24c Jan Jan 28>/a 19% Jan 28% Feb 21 28% 1 10 * Rouyn Merger Gold Mines Co 13V4 9 3,000 Feb 3% 75 Feb 24c 24 %c — " common Grain Reliance Stop & Shop.————. Roche Long Lac Royal Bank Royalite Oil 15; 15 — Lake Feb 4?4C Jan •66 Feb —4 ————: ' Osisko 34% - Scrip Jan 9%c Jan 4%c Preferred 23c Jan 18c Jan 19 " .1 Jan 35 35% ___100 Paper ? Jan 31% pY:12 ■'% 20% 100 Ontario & 1^0 1.40 1.40 * Langley's preferred..— Minnesota 8,940 11% Y;:% * _* Humberstone Shoe Feb 3.10 Jan 2.45 36c 29% 11 - • Steel—— Hayes Jan 40c 30c 29% * 1—* ____ Oil Foothills Ontario Quebec Gold Mining— Queenston Gold Mines Quemont Mining Jan 2.65 2.25 262 100 48 11% 25 Jan 46 Jan 35 155 High :,. 2,113 2.40 % 11% Y ~3 Low ' 43% 47 1 Range Since January High 2.35 —1 •; ———— 41c 44%c 1.15 Mining Co Pressed Metals of America Jan Sales 43% 4 Canadian Marconi Co^_. Consolidated Paper 1.35 5.40 Gold Premier 35% Shares 48 4 42c 1 — Sugar——Y Dominion Jan Jan 37c Feb 1.37 —1 _ Feb Jan 14% Jan 5c 11,496 10,190 C Gold Rouyn Voting trust certificates Power Corporation— 33% for Week 2.40 >4j£uck Silk Mills--.—Y——* 6%c Jan 10 93c Mines of B Gold Pioneer Powell $3,000 Range Low 1 100 : : Jan 1.70 Jan 8c common Preferred 1 Mines Feb Week's . Sale Price Par Pulp & Paper com—" :iiYYY r 1.19 ' STOCKS— 1 Mines 18c of Prices Last Dominion Gold Perron Jan Funds Friday 1 Paymaster Cons Mines Ltd— Feb Exchange-CurbSection Canadian Jan * Toronto Stock Feb —_ 3%c 33 % 33% . Feb 104,687 1 Pamour ;—— Feb 58c . Feb 161,500 18c' 10c ISc * : , —*j.: Jan 300 30c . 33,220 4.55 4.55 4.25 4.55 16% Jan Feb British Page * Wright Hargreaves Mines— Feb 3.30 16%. 16 __ Jan 1.53 26C Oils Petroleum ?■ Jan 72c 17 %c f> 47 %C Pacific Oil & Refining.——, Pacific *;.•?. Jan * Mines Ltd Crush preferred Alexander & James pfd_.__._100 Jan 11,400 15c — Gold — Jan 2.55 9c 8c 66c 1 Orange 100 Preferred Feb 13c 15 %c * 5 O'Leary Malartic Mines Omega 9c 1.36 Mines Jan 1.85 Jan 2.35 1.38 — Oils 20 Jan 40c 15 %C ' Okalta 1.26 * — Preferred Gold 2,350 26 Jan * —* Ltd North Star Oil common O'Brien 14,000 51% 52 1 — Corp Mines Canada Northern 44c 2.55 ; BONDS * 1 .. Oil Norgold 0 43c 44c Noranda Mines Nordon 137.050 2.45 5 New 1.85 1.57 1.70 1 Mines Bidlamaque Negus 15 18%? Jan 12c 9%c 1 * ' common High Low * 18 18% — —.< . I Range Since January * High 99% ' Y 18% 99% ———,.4 common.., Wiltsey-Coghlari Mines .1 —. Co Grocers Shaies Jan 20c Lt<i 4'% Vo Jan —* Steel Products Western Feb 1.05 —* 20 Mosher Long Lac National for Week Low Par 57% common— Sale Price STOCKS— Sales ^ Range ot Prices yl Feb 10 1.00 : Week's Friday , Last High Feb 10 21% • Power Heat & Light Corp —a \Y;YY;Y%Y\ 70 10 95 100 — —~— U Range Since January 1 High Low Porcupine FEB. FOB Sales Last Sale Price STOCKS— MARKETS WEEK ENDING 1945 Monday, February 12; CHRONICLE THE COMMERCIAL & FINANCIAL 698 : • . 72 *2 Jan -■'>--'-'J i- . ....... ■. .. Volume 161 Number > EANGE Friday ..Last; STOCKS— Week's ' , Par - Players Canadian Corp- WEEK ENDING FEB. 9 > :..c>/>':> ... Friday Range Since January 1 High Low : 28 15:025 20% 21 Week's Range PricoV;V:of Prices 405 27 V* Par High .. pfd—100 preferred. 5 11 11% 175 11% Jan 10% Jan 7% Low . . 100 preferred cum —100 97 98 120 Feb 99% 104 ,104 26 103% Jan 104% Jan Canadian Marconi 15% 16% 635 15% Feb 17% Jan Canadian 6% 6% 50 6% Jan 6% Feb 9% 9% 285 6% 6% 120 —_ 5% ^preferred . * . uypoum. Lime & Aiabastine—————• 9 % 97 110 Feb 13 Jan 35 159 170 — 170 170 7 ~*3 3 18,687 — 50c -- 8% 3% 50c 8% 5% 52% 100 111 * — Hollinger Gold Mines— Howard Smith Preferred Hudson Paper 5 common 12 % 21% 121% & Pr Paper Inv Ltd com—* preferred—* 5% 221/4 Bay Mining..— * * Jan Feb 7% Feb Jan 160% Feb Jan 170 Vt Jan 11% Jan 12% Jan Cassidy's Limited Jan 23 Jan Catelli Jan 112 Feb Chateau-Gai Wines Ltd 110% Westinghouse Co Ltd—. Ltd Tobacco of Cari Preferred 550 30c 40c 7% 7% Industrial Acceptance Corp common—* Inter national* Bronze Preferred 25 common——* Feb ' • 25 25 24% 7% • 25% Jan Corp Ltd David Jan 225 17% Feb 18% 29% Jan 30% Frere & Limitee A 32% 1 Jan 22% 4,204 Jan 8 Jan 9% Jan Jan 19 19 19 50 18 Jan 31 31 25 30 Jan 31 Jan 35% 36 395 35% Feb .*38 Jan 11 11 Va 2,948 10 Vs Feb ■11% Jan 2% 2% 130 2V8 Jan 37% Feb 3% Jan : : \ • 11 Va —5 2% Fanny Farmer Candy Shops— 1 — Fieer • 22% 31% ,4 4 • 257/a 31% Jan 33% Jan 786 21% Jan 24% Jan 1,980 "'21% Jan 23 Jan >30 Jan 35 Jan 108 J/a Jan 111 Feb Ford Motor of Canada Ltd A % 23 22% 22% , 100 . Jan 3% — — Dominion 2,930 32- 32% : Power common—_• Preferred 8% 8% Jan 50c ' 3% Jan 35% 1-* — Dominion Engineering Works Ltd—* Oiicioth & Linoleum • Jan 40 Donriacona Paper Co Ltd < 35c ' In t Nickel of Canada common^-ui--- '* International Paper common.._—___15 r International Petroleum Co Ltd. —_*> International 8% * — 30c Jan 18 30 -. Jan 7% 30 17% i-j—_v25: ■ 12% 300 45c Jan 13 Consolidated Paper 5% Jan Feb 96 12% Feb Feb 875 35c * Jan 13 Jan 4% 43 Claude Neon General Advert Ltd Commercial Alcohols 3,731 11% 10 3% Feb Feb Jan 25 42 33% 14% 13 205 13 4% 9 3% Jan Jan Ltd 10 6% Jan 9 13 — . ,Jan 43 30% 13% n 7% Jan 55 Jan Jan 52 3% 835 4,236 : Feb 8% Feb • 5% 5 Feb JSOc Jan • 33% 14% 12% -5 common 6% common—..* 32% Preferred Imperial 3% Jan Jan 4% — * , 52% 9 Corn—* 13% • — — 1 common Products Food 14 * Imperial Oil Ltd 5% 2 40c 112 510 Jan 21 15 9% 6% 730 112 100 Canadian Vickers Ltd common 8% Jan 55 21 Va 112 • . —„ Jan 13% ' Company——1.00 Canadian Hamilton Bridge High , 50 360 Jan —_1Q0 General Steel; Ware# common^—* Gurd (Charles) common— • Low 110 13'/2 160% 160 V2 — "B"—_• -Ax 110 — Ltd class Range Since January 1 Shares High 13'/2 110 General Investments Ltd— • Canadian 21% Jan 20Mi Jan 6%% Wire & Cable Canada Jan 29 Feb Canadian Industries ——*• Sales for Week Last Shares 27% * MARKETS LISTED for Week of Prices Low ___*■V Foundation Co of Canada FOR Sales Range Sale Price Gatineau Power common.. 699 THE COMMERCIAL & FINANCIAL CHRONICLE 4359 CANADIAN Famous >>>/ V 25 31% -111 111 25 Pairchild Limited---. Aircraft Aircraft Ltd Foreign Power Sec Corp Ltd———* Lake of the Woods common—— Z 25% .v Lang & Sons Ltd (John 25 75 -16 16. „ 25 Feb 26% Jan 235 25% 16 Jan 16% Feb : Preferred Fraser Limited-—- " 37% -—* 26 415 75c 25 15 15 160 35% 37% 93 4 37% 25 3,490 75c — 37% 4 25% — * Companies, > 93 4 Jan 4 Jan 25 Jan 26 30c Jan 75c Jan 15 Feb 15 Feb 3494 Jan 38 93 Feb 93 2,097 : 2% 37% Jan v Jan Jan , " ' Massey-Harrls St 9% —, McCoii-Efcontenac Oilxv——— 8% 10% Mitchell--J_ Mitchell (Rober© : V 25 • 21% 9% S-3,715 : - 22 %• National Steel Car 4.0% Corp. .40V4 19 18% . Niagara Wire Weaving cv:i:—___^r , Noranda Minis Ltd-,——— - Fiqur. Milla ©glide 1 - Ottawa- Car Lt Ht .Preferred & - Pr " 41 Jan >19% •' Feb Jan v: 23 V ' Jan Lake Jan 25% 168% 168% 7 168% 16 75 ;52 % Jan ! 125 ; 125 28 V2 10 }. 10 .99 100 > 777: '8% 11% Jan -v 1 v Jan -7% >,:■ 7%-'/ i.-j» X « preferred Transport 32% 33% —100 -'X ^ 15% ~ 6t Lawrence Corp* common^f.-^—• >>■: Class A preferred——---——50 3% Quebec Power — 58: Feb 59- Jan 14 Jan 14% Jan 19% Feb 19% Feb 7 15% 32* Feb 100% Jan 4?% Jan 460 ' 9 Jan 135 15 % 1,890 ; •v •"*5.V * 1 •; *; " ' Sicks -Breweries: '- , Preferred Simon 63% 35% 103 9% 16 Feb Jan Ad Jan Preferred — 5%* pfd McColl-Frontenac Oil 6% pfd * ; 11 •> >*■-£■ 11 ' 69% ' >• Preferred/^—:.—--™—-25: 23 145% Feb 68 Jan Jan Jan 149% Feb Island Power Tuckett Twin Tobacco preferred 100 — „ Jan 23% 16% Jan 16% Jan 69 Jan 70% Jan 75 Jan 76 Jan City Rapid Transit common—_< 19 ■".? 5 11 20 161 11% Jan 19 Feb Jan 16% 123 161 11 United; - ViauBiscuit 4% — common——— ■V * 230 4% 12% — Hotel 59 4% : Hiram) 1 G «fe W _i— (George) Weston Preferred x : ——— 161 100 77 ■ ■ 6 preferred V— "X < X 11% Jan Jan 5% Jan Jan -- '■ 23 Class B United Woods :/•■•;"• — — Jii,— - ■■; Scotia, Hotel Aldermac — lOOr ,:6% Jan 75 Jan 20% Jan 8 Bear 83 Jan Beaufor Gold 7% Power & Belding-Corticelli lr< preferred — 23 Jan Francoeur Feb 26% Feb Gods Jan 1,025 17%: 17% 353 17., Jan 28 Va 22 Nickel Paper class B Ltd 15% 16 2,605 Sales 16% 15% Jan •, •_, v. - f- :; f Jan Leitch Xy.' 150 ' 150 25 —100 144" Jan High Jan 3Vi> Jan 159 Jan 3% ::: h Jan 4 Jan 100 19 ;■ 100' Feb 100 Feb 141 141 5 141" Feb 141 Feb 8% 8% 25%":' __ 43% 43.14 2.40 47% 585 640 :' 26 47% 48 24% 25% . .—91... 2.45 2.40' * 25 Canada Malting Co Ltd— : •: * * Canada North Power 7% preferred_100 Canada Starch .Co Ltd common 100 preferred"— For 100 Vinegars Ltd footnotes see 51% " , Jan 8% 15% Jan 23/% Jan 17 115 35 41 9 30Va 22c 23c Jan Jan 10 Jan 10 Jan 19% 5 30Va Feb 20 Feb 28 29 Jan ; / Jan 17 Va Feb Va Jan 17 ; Jan 9 Feb Jan 8 29% Jan 50 4 ♦ 3% Feb . 16c 30%. Feb / ! Jan 15c 31,000 1,000 15 %c 15c 3V4C 3 %c 3%c 17c 17c 17c 500 17c yy..-- "V 77c 1,100 75c Jan 3c Jan 19c Feb 77c 3%c Jan Jan 100 Feb 17c 82 %c Jan f 1.79 Jan 17 450 1.18 1.27 , 2.25 1.95 Jan 1,000 17 — 1.18 1 1 — 27 '.•••- ^ 6c 1.80 11c Jan 8c 15% Jan 6C 27 75c 2,900 17 ... Feb Feb Feb . Jan 27%. 1.30 6c Jan 4,000 :■'■'? 1.33 Jan Jan. 5,600 7c 5%c 1.23 — V 1 —- 4c Jan 26% Jan 160 96%c26%c 4,400 2,800 2.93 V. 2,100 2.90 22c 22c 500 4.90 * 8c Jan V, 7c 1.31 1.22 Feb 23 : Jan. 27% Jan 28 Jan Jan 5.05 2.93 2.55 Jan Jan 22c 21 %o Jan 450 5.05 Feb 4.90 Feb Feb Feb 69c 70c 1,500 62c Jan 70c Feb 40c Feb 40c Feb 94c 2,000 8,000 40c 90c 90c Feb 94c* Feb 3 Vac 1,500 3>/sc 9c -- 94c 40c 3%c * Feb Feb Jan Jan 45% Jan 2:30 Jan 2.60 :: 36% 1,090 45; Jan 51 Jan 1,216 V 24 V2 Jan 26 9c 1,100 7%c Jan Gold Cadallic Cons Gold Gold - * ■>.: 51 51% 104 37 11 11 70 l!T 117 • 117 15 110 12 12 JLu" '6:r- 4c Jan Jan IOV2C Jan Antonio Gold : — 1-36 1 Gold , Stadacona Mines Teck Hughes Lake Feb 1.25 Jan 1.55 Feb 12c Jan 12c 12c 200 12c 5.00 5.00 100 5.00 "Jan 5.40 Jan 1.36 1.43 6,200 1.19 Jan 1.43 3.15 200 65c 65c 100 8c 8C 100 2.50 Jan Jan 47%c Jan 6c 4.15 Jan Jan 3.25 65c Feb Feb Feb 8c Jan 4.75 Feb 100 4c Jan 7c 1 70c Jan 77c Feb 50 13% Jan Feb Feb 13 13 13% Jari 80c 82c 4,000 60c Jan 60c 61c 2,500 58c Jan 1.60 1.51 1.60 11,800 70c 69 %C 72c 38,311 2.75 2.75 300 1.60 1.68 5,300 3.90 3.95 200 3.60 Jan 1.41 1.41 600 1.33 Jan j 1.41 Feb 4.30 4.50 600 3.95 Jan 4,50 /Feb 80c 60c 1.64 — Feb 2.90 1,100 1944 Ltd—. Minks- Feb 67c Jan 1,100 Mines Ltd———1 Ltd————:—-1 Gold Mines Ltd Gold 98c — 2.25 7c Sullivan Cons Mines Wasa 100 , 77c Ltd— Springer Sturgeon 1.55 Feb Feb 4.75 ' 1 — V—— Mines 1.55 64c Feb 1.43 Fb 66 90 %c Feb 200 7,150 Feb 4 7c —1 Ltd— Mines Sladen-Malartic 67c 2.90 1.40 Jan 77c , 1 Sigma Mines (Quebec) Ltd Siscoe 3,100 67c Feb Jan 66 150 2.65 1.38 Feb ; 92c ~1 Mines Ltd——— 1 Shawkey Gold Mining Co Ltd— Sherritt-Gordon Mines Ltd 98c V Jan 4.75 Vf>,— Quebec Gold Mining Corp 1 Red Crest Gold Mines Ltd--—, San 58,700 66 Jan 1.32 800 1.43 Jan 2.80 > 23% Jan 1.38 100 1.38 1.45 15c Jan Jan 3.15 ,L 1 Mines Ltd_ Gold Crow Mines Ltd 18 79 1.19 90 %c — 2.45 1,300 66 67c 7c 7,500 / 1.38 Dredging Ltd Mines Ltd 13c 2.60 23% 1.45 1-37 * Porcupine Mines Ltd 12c 2,60 23% - — —1 —1 * — 1.40 Jan 61c Jan 84c 61c Jan 1.60 Feb 75c Jan Jan 2.90 Jan 1.50 Jan "1.73 Jan 2.68 3.95 Feb Jan - v" —- 1 Jan 25% 2,753 2.60 Ltd—* Mines Goldfields Steep Rock Iron 50 > Jan V 26% 158 • 12c 1 1 —1 Feb 24% 8% 104 f : __ page .; 104 „ 2 10 — Ltd— Gold Wright Hargreaves Dominion Sugar__ Jan Jan ; 7% Jan 20 28Va — Jan 51% 100 26 . V/» Jan 46V 314 17 w———— Range Since January 1 ^Low 24% Preferred 41 7% Jan 10 3% 9 Long Lac Gold Mines Pickle 845 16% 1 44 Jan Feb 17% Mclntyre-Porcupine Mines Ltd ——5 Moneta Porcupine Mines Ltd —1 Normetal Mining Corp Ltd * O'Brien Gold Mines Ltd 1 AA-A:.^XX- • : 1,140 24% ; : Jan 36% 9,700 Gold Rand Ltd—— Perron Shares 3 16% common— 35 Jan 11c Mining & Explor Pamour High 24% Columbia; Packers Ltd • British Columbia Pulp & Paper com__v Jan 7 1.80 Ltd Kirklarid Little for Week 48% British American Oil Co Ltd British Jan 105 / Jan 99 109 2.12 Lake Shore Mines Ltd * 2% - __ —• 4 Jan 3% Ltd—_1 Jan Pato V> ''Range;■ British American Bank Note Co—* Co Joliet-Quebec Mines Jan .: - of Prices __ & Distill's of Vancouver Ltd__5 7% Jan - 3% Jan Jan 17% Mines Ltd—_—* Gold Louvicourt Week's __ 100 10% Feb, 6% Jan 6 8c Gold Mines Ltd Lake 18 V. 3% 100 Jan 107 — 1 Labrador 48 * common.. Feb .25 35 3,921 1.80 —— Mines 29% 28% Jan ; — ! 40c Feb Jan " - Jan Feb 113 — ______ Jan 15 -uv; 2% Feb 14 7 108 22c 10 7 108 22c — — 26% 15% Low • 100 100 — 10 . 29 100 262 60 44 38 % 7% 2.12 — 23' 70 44 37% 7% * — Duquesne Falconbridge 780 103% 103% —-* Eldona Jan Sale Price preferred Canada 22c — Dome Mines Ltd^^v-—-/-i.——f.——*; Pandora preferred 23 Jan 9% Jan Jan Feb 40c 221 75 —1 —1 Ltd Mines Mines Ltd Jan, Jan Par 7% ?• — 1 (Quebec)-: Gold Mines East Malartic Mines Ltd 14 A/AAAAAA:v-Last & — Exploration & Ra dium Ltd—1 Jan 15 Friday G<fc 107 8Va 12 Va Feb 75 Canadian Fonda Abitlbl Power & Paper common.. Feb 105 1 Aumague Gold Mines Ltd—— 'Donolda 100 Jan 19% Montreal Curb Market Canada — * 22% Jan . STOCKS— t24% Jan • — Quebec Mines Jan 'v.- .'.- Brown Corp Ltd— V-: Copper Mines Ltd Arno 21% •. " Jan ? Carticr-Malartic Gold Mines Ltd 14% — ' 10 7% 4 Jan Jan 22% 95 5 7 4 Jan 19 18 2 25 15 Mines—* Central Cadillac Gold Mines Ltd ' 15% '/■V „ 40c 25 10 Jan 24% Jan Jan :■ Jan 14% • —x r. 40c 20 28Va Manufacturing Co Jan ;..■: .15% 1— : 12% * Ltd 75 180 •* 12% * Canada of Feb 1,010 23 . * — —— Distillers 71' 15 26% 27 12 Jan ' Brewers -i 37% Corp Ltd A_ _* United Corporations A ————-* 13 28% 10 — Montreal Bathurst — 7% United Amusement 59% t B»nks^ V — Inspiration Min & Dev Co Ltd— 1 J.-M. Consolidated Gold Mines Ltd—_1 Canadienne Royal * .—100 Jan " 77, 26'A ■' Commerce Nova Ltd 59 Vy... 325' ■ 7 7 - ' —* -- —* Ltd—— Bridge Co 12%: Jail 50 20 % Feb 22% Jan Jan k-i'-'i 100 7 ■■ 1 22% 20 -Ltd/common •5% 22'A -XXX" • ■ Zellcrs V74 —: Winnipeg. Electric common > : 71 y — -100 preferred Ltd Wilsils 74 common- Preferred.— V- 110 12% 1st pfd-100 6% N C part 2nd preferred 50 Quebec Pulp & Paper pr Quebec Tel & Power Cbrp A * 15 VvV" 33 • 23% 1,070 10 51 1,620 Canadian Malartic Gold Mines Ltd—* . ' Walker 18'A 20 • * Co 705 12% 59 !/% Cotton 18 22%c23%c 105 105 9% 9% — Power Corp of Can 6% cum Bralorne Wabasso 23% 23% 14 1st pfd__30 Ltd Noorduyn Aviation Ltd—— Royal Beattie > 49% Feb Feb 11% Jan 30 161. Jan Jan Feb Jan 10 % 75 Jan 23 100 23 420 . V; Co_. & Storage 2nd preferred Mount Windsor Jan 76. 17 Jan 5 5 49 Va Jan 69 %; > 29 766 1,405 23% • Melchers Distilleries Ltd pfd Minnesota & Ontario Paper Astoria Tooke' Brothers ,5 20 22 % 13% 23c Sarnia 76 - 31 26% Jan 5 5 49 % — Southern Canada Pwr 6% cum pfd—100 Southmount Investment™, -• 69% ; : 26 , 23V'4 13 Va . * Jan Jan 2a% 20 11 • • 305; * 23. 23 16% 16% . - Powers——___* 5 49 Va 10i» 100 10 Ltd Feb 18% 16% Feb 60 3'A 21 Jan 58% 455 1,060 . y/; Feb 4% Jan Jan 'yfef,,'-. 23',• •; of (Canada common——.* Steel Co. . 18% 1,780 1.7% 149* 149% Jan.-. i f/.• '•'•• :! • Canada 64 . 16% 3,600 -21 , 61%* . 16% &, Sons common————_* <4H) Southern •" , . ' -3.., 3V4 . 18% St Lawrence Paper preferred—^-—100 v Shawinigau Water- & Pow*r_: ™.»Sherwin Williams of Canada pfd—100 > * Paper— Standard Clay Products > Jan 4 Jan 100 >34 ; 103 ^T5%i 102 V, 330 - 9% 'V9Va;-: A- ■ ■■■ 101 101 . [ Jan 460 19% 100 200 ■' 14% 19% Bros k Co Ltd common 5'/ & Massey-Harris Co Montreal Refrlg ■..■•75 ■» 5R. 14% Provincial Pr Montreal 20 101 58 Corp of Canada—— Power Price 101 ry Placer.Development VPowell,RiVer Co John Jan Jan 100 Feb Jan \v, Penmans Ltd com_^___ St Paper Co * Maple Leaf Milling Co Ltd common—* Feb 6 ye 32 Jan Jan Jan 17% 5% Jan 99 205 170 Feb Jan:/ 6 _ioo 27% Feb 16 32 30 > 25 5 — MacLaren Power & A 405 16 Page-Hersey Tubes 25% Ltd. common..* ,_50 1 26 10 450 Jan Jan 50 Foundation — convertible preferred 6/c 22 ' — 1 International Utilities common Investment .o'-v .... 25'A * • common.—100 > — Jan Jan 18' 1,065 •J." I: cummin—— —- 26% 23 40 25 52 JA 'Ateeraf&oA*—v—1*>- Ottawa Electric Rwys Jan Jan 2,230 '22 52 . 100 Steel Products Ottawa r 52 25 v* * common—- Preferred Ontario i'' 19'%'v 22 ^ - Goodyear Tire & Rubber of Can——* Hydro-Electric Securities Corp——* Jan 1 • '•■i41,345. 40% . Feb 53 * - 25: . Natlobal; Hretyeries^common^V.^ - 10% Feb 21% 95 6,122 Xx-1■ > >. >• ■:'■>■■; :>/:.!' XA--XXV~^ *: 9?» Jan ; Jan 50 5 • 25 V» 21% ' ' : Pr><^sr^t;iS- .50 -. 8% Jan 1,016 10% 50 ____ ^Montreal lA Hfr& 9«A-' • 10 • 25 75 50% 100 l'l Jan 51 % Mines Ltd — Jan Oils- Jan 106 Jan Jan 11 Jan Anglo-Canadian Oil Co Ltd——____—* 86c 86c 1,100 86c Feb 86c Feb Jan 117 Feb Dalhousie Oil Co Ltd 35c 35c 2,000 35c Feb 35c Feb Feb 12 Feb Home Oil Co Ltd —* 3.25 3.50 5,200 3.10 Jan 3.50 Feb 700. ■ Monday, February 12, 1945 CHRONICLE THE COMMERCIAL & FINANCIAL 700 over-the-counter markets Quotations for Friday Feb. 9 For Quotations on Real Estate Bonds Investing Companies / 1 1% 10 1 American Foreign Investing-lOc Axe-Houghton Fund Inc ---I Aeronautical Securities Affiliated Fund Inc__—; Bankers Nat Investing— '' A Common Bond Fund Boston 3.75 18.86 1 4.40 30.79 33.11 10.24 n.08 Mass Investors Trust Mass Investors —1 2.60 V' V ' .—1 2.91 • 5.17 L; ■ Bond ■ -.'V ^1, 10.56 23.97 25.77 12.04 12.95 12.71 13.89 Low /•'♦ ' 'J • . 4.05 6.00 ~6.85 1.37 1.51 1 1 23.50 25.13 14.67 15.68 1 46% 4.12 1.43 1.58 1 8.38 9.06 5.36 7.49 47% . pfd Equity Corp $3 conv 8.24 Aetna Life: 156% 10 51 10 ; Fa* 77/ Home 53% . Homestead' Fire InBur Co of North America—10 9.14 . 5.92 6.57 14.31 14.45 . 1 New York Stocks Inc— 23% Maryland 12% 17% 11% 13% 19% 12% Massacnusetts 16 % 0 r American Fidelity Si Casualty_8 American of Newark. 2% Jersey Insurance of N Y 79 K Monarch Fire Ins 22% National Casualty 62 Va 65 National Fire 37% 40% National Liberty —2% 6% 7% Automobile — National Bankers & Shippers 25 Boston —100 Fire New 59% 21 61% North 10.84 11.91 Continental Casualty—.. ._S 48 50% Northeastern 10.56 11.61 Crum & Forster Inc 30 % 32% Northern 8.30 9.13 10 59% Federal 10 50% 9.02 9.92 Fidelity & Deposit of Md 20 25 JA Revere 6.88 Globe 2.84 2nd preferred Great American 1 2.55 Hanover — Plymouth Fund Inc 3.68 RR 2% 11.02 Selected Income 7.62 6.36 Super Corp of Amer AA —1 2.48 4.70 5.18 ASeries D 1 108 % 4.48 4.94 5.82 1 6.48 -1 41JA 44'A 42c series 10c 1.56 82c A 8 • 24.65 26.51 Incorporated Investors Independence Trust Shares 2.47 2.77 12.03 B 21.48 23.48 C 8.80 9.63 7.61 Union Common Stock Fund B— Union Preferred Stock - Bank Group shares— 1.09 1.17 14.16 of America—10 27.28 29.65 A Investors Fund O-.—14.06 14.38 A First 107% 1974 Houston Lt & Pow 2%s——1974 105'/a Kansas City Term Ry 102% ■* 2%s_1974 Louisville Si Nashville 3%s_2003 106% '• Blair Boston Corp San Bank of New York Rid Int. Rate Maturity— Represent Brooklyn Trust % % 100.4 113% National —100 Trust. 1945 1%% 100.6 100.7 %% 100 10O.1 Irving Trust Kings County Trust 20 100 -12% 61 51% 297 42% 25 43% 52'A 54 % Manufactures Trust Co com__20 ;__20 52% 55'A Morgan Commercial National Bank Si Co Continental Bank & Trust 15. preferred (J P) & Co Inc National City Bank 10 23% 25% Corn Exchange Bank & Trust_20 Empire Trust 50 55% 58% New York Trust 106% 1 % Public N&t'l Bank Si Trust—17Va 44 % Title Guarantee & Trust 12 12 United States Trust 100 1,490 46% Fiduciary Trust National First 30 % Bank 32 % 100 1 .825 A 109 109% Diego Gas & El 3%s„1970 ill 113 106% 107% 4 Vis Corp. 1958 1,865 one or more 32ds of a point Dollar Price 100 Plus Bid of Indebtedness— 1, 1%% .0647 .0663 1, 1945 May 1, 1945 t%s Apr. .0740 100.7 i%s .0836 .0924 100.27 t%s June 1 1945 .0722 .0811 100.14 100.15 t%s Aug. 1, 1945 .0720 .0813 101.1 t%s Sept. .0730 .0839 1%% 1947 tSept. 15, tSept. 15, 1947 101 1945 1, 100.15 100.16 t%s Oct- 1, 1945 .0717 .0842 1%% _— —1%% __ 100.29 100.30 t%s Dec. 1, 1945 .0907 .1066 .0958 .1134 .0816 .1008 1948 t0.90s Jan. 1, 1946 t%S Feb. 1, 1946 ; Obligations Of Governmental Agencies Bid July 16, Federal Land Bank Bondsb0.90 1945 3s 0.75% 1, Mav 1, 1956-1946 . 101.3 102.14 . 1956-1946 2%s Feb. 100.21 1955-1945— Jan. *■ 3%S 101.2 1955-1945 3s ? Federal Land Bank Bonds— 12% 1,535 Ask Bid Ask Federal Home Loan Bank.085s Ask .0547 1945 100.6 110% 91 yiy> 108 1972 100.26 —— 15, - Conv 87 105% 107 ' 1946 44 58% 49 % 287 40'A 41% 10 Trust 104% 10.90s Mar. 200 185 41 15 . Ask Bid 25 Lawyers Trust Bank.j Chemical Bank & Trust : 15, 100 200 225 100 350 358 10 17% 18% 100 1,730 1,780 Guaranty Trust 117 t 105% 1973 Certificates 100.6 tMar 15 1947 Par National Grace 49% 126 Central Hanover Bank & Trust 20 Chase Fulton 460 47% 121 100 "" Ask' 28% 448 10 105% 105 —1974 Maturity— Ask 1945 tSept. City Banks & Trust Cos. 100 Bankers Trust York 106% 105% (Indiana)— Puget Sound Pow & Lt— 4'As 105% Figures after decimal polht 4% 39% 37% tDec 27% —1974 Chicago & St Louis— —————1975 3VaS series E —y;; tDec. 15, 1945 JMar 15. 1946 of the Manhattan Co.—10 Public Service Orleans York Public Service . Ask Quotations fori). S. Treasury Notes ■l 4 1 10 Co & tMar Bank 1974 19:623 Investment Banking Corporations Bid 3s_l Potomac Edison 3s 108% 110% 107% Elec 3%s New 109% 108% —j-1979 3%s Power Mar 15, Par 107% Bid Power 23.09 17.98 1 Wellington Fund 98c 1.06 12.92 New York 105% 107 Narragansett 1.97 shares. Insurance Group shares 105'A Miss -8.40 U S El Lt & Pwr Shares A shares Si Light 3ysS—1974 105% 103% 3y«s—1974 8.32 . 21.13 Fund 13.19 Ltd— 37'A Ask Bid Lt 92c 25.75 Series 1.70 79 34% 105% & 4V8s Series Inc 51% 2.50 Fire Westchester 103% Pow Florida Power Si Light 3%s_1974 24.97 250 Trusteed Industry Shares Fund 10 74 1974 Arkansas Florida ...— Bond 48% 2%S Oil Shares— ASerles A 54c. 40% 38% 4 Recent Bond Issues 7.15 Trustee Stand 592 Fidelity & Guaranty Co..2 U 8 Guarantee.. 2.36 Common Co 104'A ...100 Travelers New C Union investment _10 Fire—— Conn ASerles 1 Stock and Bond Group U S Fire Birmingham Electric 3s—: Trustee Stand Invest Shs— 5.77 5.29 Aviation Group 29% 4.47 —— Securities / 2.51 5.54 6hares Institutional 1 5.24 Fund 27% Light & Power 3s 1974 Empire District Elec. 3 %s—1969 51 State Street Investment Corp— 7.15 — Foundation U 8 10 ~<L97 54 5.03 Holding Corp Income Shares 5.93 ASeries B AHuron 32 4.40 Sovereign Investors 4.05 577 26 85 12.02 1 Selected Amer Shares 7.54 6.50 shares shares 24y2 81 30'A 4.04 1 5.39 Equipment shares Utility 8.52 6.93 Steel shares Tobacco com. : ———_0 — 99.55 1 7.75 6.86 35% 127 39% 16.24 97.57 Republic Invest Fund shares 64c 15.10 1 Fund Scudder, Stevens & Clark ,Fund,. Inc.———.— stock Rutgers Fire Ins. 6% 33% 121% 36% Security New Haven Hartford Steamboller Inspect._10 59c 10c 9.86 Railroad & Hartford 8.44 Railroad 10 2.96 10.80 ' 48 8% 2.25 7.68 — 45 'A 0 1 11.87 8.97 shares— 0 Globe & Republic 10 Springfield Fire & Marine 25 Standard Accident...—....10 1 10.39 Petroleum Seaboard Surety 21% " Institutional bond shares—:;— Mining shares— 55 % 19'A 1955 (Geo) 10 52 % 1953 Putnam Fire 0 Series 1956— 8.32 (Texas) (Paul) 10 Series 5.80 Reinsurance Corp Glens Falls Fire—. 37% General Reinsurance Corp Gibraltar Fire & Marine Series 7.57 — Fire 7.85 5.27 Price Shares. Franklin 7.37 • 10.81 Merchandise shares 7.39 North Amer Trust shares Industrial Machinery shares- Low 9.21 6.71 Newark-. of 154 7.57 8.37 — —.—- — Series 1958— Investing 49 '/2 Republic 23'A 6.40 bond shares— 76»A 47 14'A 0 5.82. General 73% ' 91% 13'A 12.19 Firemen's 9.17 6.70 shares—- 257A 87% 0 7.14 Fully 29% 23lA 72% 10 8.34 Food shares— Administered , 4% x27% 10 10 shares — (NY).......2 10 Fire Assn of Phila Fireman's Fd of San Fran 7.74 Railroad equipment 7.87 7.16 Electrical Equipment 36% 10.85 Chemical shares .1 33% 11.21 Steel —- 93 14% —10 Providence-Washington 7.03 Building shares. Aviation 89 13'A 9.87 North Amer Bond Trust ctfs shares Automobile 53% 5 - Preferred Accident 10.20 stock Railroad 5.84 5.77 Group Securities— 7 51'A 10. Phoenix 54 Machinery • 37.32 — 10 Pacific Indemnity Co 37% 35'A 160 76% Insurance -• 1 shares.: 103% 11.09 5.97 7Va 93 88 y2 25 Fire Metals 4.60 ': St Paul Fire & Marine——12% Employees Group Employers Reinsurance equlpmeiy, .—5 12750 15% 25'A 98% Pacific 12.79 Electrical 31'A 47'A 23% 6y« 19 10 9.42 28% River——2.50 10 8.57 189 267/b 28% Connecticut General Life Speculative SVa 7 179 2 Casualty Fire—. City of New York 10 5 44% 13% York 8.27 13.79 28.39 2 20 Fire Union Amsterdam 10 0 New 12.55 5.19 .——10 10 23'A 11.64 4.00 (Detroit)—10 New Hampshire Fire 650 21% Diversified Investment Fund- 25.91 — — — New Brunswick 84 y2 79 % 625 6 Diversified Agricultural 62 58 21% 2.17 ■ 31'A 59 55 10 6.98 >*/ 4% 28% 10 1.97 ' 50% 7% 25 10 6.26 4.80 6'A Reserve Baltimore American—. 8y2 79 4 12.01 Chemical 36% 7% -75% Merch & Mfrs Fire N Y Surety..— Re-Insurance ... 47% 7.52 stock.-*---;.—-— 90% 39% 0 10.93 ———— ^ /,:,./— Merchant Fire Assur American 22.08 10.68 1 Bonding——12% Casualty American American 8 Fixed Trust Shares A —10 Foundation Trust Shares A—1 Fundamental Invest Inc 2 Fundamental Trust Shares A—2 B * General Capital Corp ——• General Investors Trust —1 Fund Mutual Trust First 20 30 17% American Equitable Camden Building supply 23.78 21% ——— Aviation Bank 75 % 10 Alliance American Casualty —- Automobile ' 20 •'••• »,* Ask Bid 28 % 15 /■ v87% 0 ,,10 46% - 44% v..: Fidelity Fund Inc • Financial Industrial Fund, Inc_ > Companies 164% ■ 4.64 8.27 Agriculture Howard— Fund Fund 8.24 4.12 priced bond series series 5.93 7.49 series England Fund New 8.05 7.33 stock priced stock common Preferred stock series. Stock 25c Balanced Aetna Casual & Surety Aetna Ask Bid Far American • 25c Low 20.25 18.73 1 Dividend Shares Insurance series Industrial Diversified Trustee Shares— Stock 9.61 sei»les Income - __ - Bell Teletype NY 1-953 DIgby 4-4950 Agricultural ' 2.91 —1 Cumulative Trust Shares Delaware Fund Fund Inc series B shares (Md) voting shares National Investors Corp Natfonal Security Series— • 2.38 mod mod- 2d Fund (Colo) 2.38 — 1 1 10 York 5, N. Y. 44.50 Nation-Wide Securities— —1 & 43.51 Tel: 102.60 5.95 52% 50% —1 Accumulative series——— —1 Series AA Invest Mutual 145 5.47 1 Trust Corporate Trust Shares.—. :2,830 * . 7.30 100.25 Manhattan Bond Fund Inc— Common —10c Consol Investment Eaton 5.69 * 10 Loomls 40 Exchange Place, New 6.32 6.56 4.00 ,730 140 1 \ 13.27 Fund 17.21 —100 ' - Members New York Curb Exchange: 15.55 12.06 S-4 Series Sayles Mut Fund Loorals Sayles Sec Fund Commonwealth Invest— AA -14.14 - — Knickerbocker . ACC 28.32 S-2 S-3 20.35 Preferred Series 25.80 Series 108.35 i 26.30 34.85 1 Securities com—-100 : Series ,21.05 Series - '"" — « Members New York Stock Exchange 12.26 19.17 23.90 —— Trust———• Century Shares Chemical Fund Christiana 11.17 K-2 18.93 Fund Ltd Canadian Inv B-4——. K-l 32.24 Inc Ltd Fund ' 104.02 8 8 1 Inc Broad Street Invest Co Bullock * Series S-l ' • * Shaskan & Co. 22.24 Series 6% 6% 1 —10 ' v ' 31.43 B-3 20.25 Scries 16.90 15.72 Industry Shares Inv Tr of America—- Basic 28.70 Series 13.34 'v 14.47 ! —— 28.16 B-2 Series 4.30 3.92 B-l Series 30% • 29.52 Series 4.72 4.31 Holding Keystone Custr^lan Funds— 8.13 7.48 29% Corp American Business Shares AAmerex. ) Ask Bid Far Ask Bid Par 102.16 103.12 103.14 101% 1, 1955-1953— 102 100.22 : "/■:// Other Issues U S Conversion 3s— U S .1046 102% 104 104 1961 Panama Canal 3s 102% 1947 Conversion 3s 133 134 jg Reorganization Rails (When, as _ and If Issued) United States Treasury Rills ■ A Bonds— Akron • 4s Bid Canton series Si ' Youngstown— A 1st 4s '97 , 1983 2nd 4%s 2003 Chicago Mllw St Paul & Pacific 1st 4s 65 2019 Income 4%s B— ; 5% ist 4s Conv ' ' Income Income Rio Rates quoted are for discount at purchase 104% 85%. 71 %' >87% Seaboard Ry 1st Income 4%s -4si : A 75 66% 91 99 \r~- 21% '1 Denver & Rio Grande . '• • f.T>' a 24 com — 23% ,./52.;...'54 *7b- — 26, 54 56 7 68% ,93 { 70% 7 101 72% , Seaboard Ry common Preferred 26 24 —. 57 7' b0.375 0.28% February 23, 1945 —— b0.375 0.32% March 1, 1945— : b0.375 0.32% March B, 1945 b0.375 0.32%" March 15, 1945—————- ' b0.375 Q.33%' March 22, 1945_\ ,.i.—: b0.375 0.33% February 15, 1945 53%' 59 Odd lot b Yield price, sales, •; March 29, Treasury bills—r , .____—100 Preferred : 88 rMj5iyi, Pacific!— s '.7 : 7 ________—___ preferred 7 77 ___ Ask 51 19 'A "Common "5% 105 1993 i 7 > 86 preferred Chicago Rock Island &r v '-•73'A 7 103 2018 1st 3-4s income— 7 49 Preferred 106% Grande— 4%s : Youngstown— Common 2019 4%s & Chicago Milw St Paul Si Pacific 67 1994 & Canton :;9o 7 Chicago Rock Island & Pacific¬ Denver " " Common 101 ' 2019 Gen ;; ' V. • 88 , 1994 Gen income 4%s A—, Akron 98 1988 Chic Indianapolis 6c Louisville— ( —• ■ —1988 4%s series B-— • Stocks • Ask Bid ■ Ask ;. c 1945 April 12, 19, April 1945 b0.375 0.35% ♦No par value. . f Flat price, k Removed for year, x Ex-dividend.J 1 fin default. - tThese bonds are subject to all Federal taxes.-; Issuer. • '• furnished by sponsor or b0.375 0.35% b0.375 0.35%' %0.375 0.35% Result of the merger, effective Jan. 1, 1945,- of Doehler Die' A Ex-rights. Ask 0.33% 1945_^_____„ April 26, 1945 ——— May 3, 1945—— May 10, 1945_: Casting Co. with the W. B. Jarvis Co. d Deferred delivery.* e Ex-interest, to Stock Exchange, r Canadian market. - s Cash sale—not included in range y ,y b0.375 0.34% b0.375 0.34%, 1945 April 5, Bid b0.375 — AQuotatlons not'' J Volume 161 Number THE COMMERCIAL & FINANCIAL CHRONICLE 4359 701 vveeK THE COURSE OF BANK CLEARINGS ' . Bank clearings this week will show an increase compared with a year ago. Pre¬ : , Third Federal Reserve unaea *:;.v1944 1945 ' . $ $ - reo. of the country, us, based upon Dec. ft Pennsylvania—Altoona indicate that for the week ended Saturday, Feb. 10, clearings for all be 23.9% above those for the center there is mary At this $10,487,379,200, against $8,464,202,680 for the same week in 1944. New 1944 1945 Week Ending Feb. 10 $4,641,710,877 + Philadelphia- + 11.2 493,000,000 + 5.3 271,819,371 274,161,104 152,074,835 City—i 134,100,000 St, Louis.—...-——w-i...—— 160,623,766 153,263,908 137,262,468 1,622,300,030 1,403,646,026 247,472,040 274,443,864 615,922,230 days... ;—— — $8,739,482,667 $8,164,409,032 ...— 1,747,896,533 299,793,648 Total all cities, five days All cities, one day 6.0 (7 cities i Total 5.3 + „ $8,464,202,680 $10,487,379,200 . 9.7 Virginia—Huntington Virginia—Norfolk- + 7.0 South 96,111,411 85,068,400 1.2 178,193.340 144.123,931 —43.2 + 15,416,000 1,998,834 3,245,957 9.8 246,525,834 194,604,039 544,898,219 450,264,304 + — of :+ 4.9 7,200,000 + 5.4 5,956,000 76,913,271 + 1.4 67,910,542 is; 2,587,827 163,152,634 45,936,815 318,449,012 . 2,342,964 164,105,119 59,136,314 ***&#■„ Columbia—Washington week (6 cities) 296,854,201 —10.5 2,285,297 2,093,377 0.6 141,142,824 105,719,563 +28.7 34,130,175 34,649,712 3.9 252,549,641 203,997,55* — + Nashville Augusta— -—X—-— 8,103,157 + 18.7 13,628,210 41,*276,767 42,894,740 143,300,000 Georgia—Atlanta 141.900,000 37,076,225 28,596,710 1.0 120,500,000 96,800,00$ + + 5.0 2,229,086 1,784,038 3,136,207 2,166.185 2,062,142 Florida—Jacksonville 53,630,004 49,465,161 + 8.4 40,610,225 27,218,000!; Alabama—Birmingham 54,390,844 54,407,956 0.1 39,797,455 34,817,955 ^,Mac°n— and complete results for the week previous—the week of 1.9%, the aggregate of clear¬ ■: 2,518,456 — Mobile— against $11,363,314,946 2,511,004 5,014,255 Mississippi—Vicksburg— Louisiana—New Outside of this city there was a loss of 1.8%, the bank week in 1944. 6,583,402 5.9 — 0.3 + ; ' same 4.7%. We group the cities which they are located and from this it appears that in the New York District (including this city) the totals show a loss of 13.8% and in the Boston Reserve District of 17.7%, but in the Philadelphia Reserve District the totals show a gain of 1.4%, Inn the Cleveland Reserve District the totals record a decline of 6.3% and in the Atlanta Reserve District of 0.2%, but in the .Richmond Reserve District the totals register an improvement of 3.9%. The Chicago Reserve District has to its credit an increase of 4.8%, but the St. Louis Reserve ^District suffers a loss of 1.1% and the Minneapolis Reserve District of 3.7 %. In the Dallas Reserve District the totals are larger by 12.8%, but in the Kansas City Reserve District the totals are smaller by 2.5% and in the San Francisco Reserve District clearings at this center having recorded an increase of Total 5,214,398 288,027 349,827 '87,959,722 94,933,073 406,723,848 407,366,511 Orleans (10 cities) — 1,972,568 4,988,340 272,637 3,707,035: —17.7 7.3 72,406,619 63,299,647! 0.2 327,767,782 1.7 — — — 255,526 266,387,050, . •. according to the Federal Reserve Districts in District—Chicago- Districts 1st Boston 2d 3d 12 ——— New York... - 10 Philadelphia 7 4th Cleveland : ||5th Richmond 6th 6 — — 10 Atlanta '7th Chicago 17 ——— 4 Louis———— 8th St. 9th Minneapolis 7 ———~ 9 10th Kansas City— llth Dallas 4,358,043 —26.3 —13.2 —18.8 3,326,450 '';■ 9,772,692 9,323,304 4.8 9,228,593 42,929,609 2,527,393 15,973,091 7,273,914 : 7,675,260 T - Illinois—Bloomington—1_. 672,689 12th San Francisco Total * Peoria 1942 $ Total 652,239,854 6.6 — + + 24.9 5.2 6,670,418,347 —13.8 5,326,767,706 3,644,061,156 691,517,749 682,015,607 1.4 621,581,914 560,927,061 Missouri—St. Louis II 615,922,230 657,671,590 Kentucky—Louisville Tennessee—Memphis « 318,449.012 l« + 29,194,700 1,725,520 2,073,416 14;317,035 + 1.2 + 4.7 ,5,269,70$ 422,216,963 + 26.2 1,597,423 + 19.3 5,409,815 397,253 388,182,333 : ;; f« « 1,849,343 1,924,279 1,688,865 1,395,138 4.8 540,161,637 + + 490,963,622 6.3 544,898,219 252,549,641 203,997,551 196,000,000 85,338,439 75,429,335 53,278,280 0.2 327,767,782 * t - '■ 4.8 540,161,637 490,963,622 325,850,615 1.1 268,603,006 i 169,541,516 143,246,735 Ninth Federal 2.5 260,192,920 194,348,347 Minnesota—Duluth + 12.8 110,176,478 103,454,158 Minneapolis—. 5.2 439,467,912 346,294,820 1.9 9;252,131,982 6,968,890,382 ; 1,143,000 —13.1 154,800,000 .71.394,364 5.7 41,599,642 7.6 809,000 36,625,39q 768,000 1.1 268,603,006 226,549,273 — — 130,800,ooa 58,355,870 226,549,273 3.7 — 5.9 — 266,387,050 + — 213,567,910 299,523,178 150,708,153 528,370,542 11,582,787,213 — — 133,579,222 510,902,663 if 184,400,000 r 50,231,026 Illinois—Quincyu—1,055,856 450,264,304 3.9 T— 204,643,069 if * ' 652,239,854 406,723,848 292,146,372 if 4,488,699 13.9 —10.9 Eighth Federal Reserve District—St. Louis- , 321,025,321 > II 1,230,162 ■■' 683,562,653 O II 13,521,617 . ,;V 6,573,122 514,025 .. ........ + — 6,731,821. 34,246,326 N 14,6 — 24,688,00q 2,563,863. > s. H! 6,978,376,335 II 11,363,314,946 4,900,717,147 add our detailed statement week ended Feb. 3 for 2,238,741 2,133,062 683,562,653 (17 Cities) ■— + — 1.8 Total St. 321,025,321 Reserve 325,850,615 District—Minneapolis— 3,555,272 141,013,316 • - 145,083,893 48,631,318 - 53,128,061 Paul 3,703,112 North Dakota—Fargo 3,639,562 3,763,556 South Dakota—Aberdeen 1,504,742 338,301 1,438,319 1,172,003 5,960,558 5,278,966 204,643,06.9 213,567,910 Montana—Billings 3,463,937,991 4,078,171.391 (4 cities) Helena- Total now 5,861,027 2,549,792 .1,900,548 — $ c.v. 1,412,698 6,992,582 408,159,808 Outside New York City— We 516,926,611 + 338,396,305 110 cities —— 664,413 541,190,431 1,782,509 ^ 390,423,251 4,813,491,034 6 : 693,801 , 26,703,000 3,988,161 . 2,740,966 36,628.000 — —17.7 — 10 2,603,354 2,487,924 .763,575 19,946,830 — Iowa—Cedar Rapids Des Moines ; 495,857,369 cities 12 Dec. % 3,865,389, 2,506,144 + 40,088,210 •r Rockford— Springfield—-—---——- 1943 Inc. or $ 4,406,576 *+16.6 2,896,622 *. Wisconsin—Milwaukee Federal Reserve Districts: 1944 $ -i;. Week Ended Feb. 3— 8.3 3,301,580 3,210,251 x, . Sioux City .r 730,894 5,567,967 31,808,000 3,237,048 _ . South Bend---— Terre Haute— -,.v1 f: —50.3 363,538 Indianapolis.—_.«XX,.x.. CLEARINGS 1945 • Reserve Federal J 3,849,311 Chicago- SUMMARY OF BANK - 6,027,686 ___ Indiana—Fort Wayne_. Decatur—, following we furnish a summary by ;.: :>: = j Seventh Federal Reserve Michigan—Ann Arbor Grand Rapids Lansing-— by 5.2%. In the 914,361 5,308,00d 55,112,539) Sixth Federal Reserve District—Atlanta- Tennessee—Knoxville——16,179,588 Accordingly in the above the last day of the week in all cases has to be estimated. In the elaborate detailed statement, however, which we present further below, in the 'vr» 1.124,803 1,308,517 7,591,000 appear We cannot furnish them today, in as much as the ings for the whole country having amounted to $11,582,787,213, 2,386,113 3,688,879 • + 23.9 and the Saturday figures are not available at time of going to press. For that week there was an increase 12,666,900 1.2 —18.1 2,143,621 7,001.887 Carolina—Charleston Total ended Feb. 3. 2,726,042 3,406.843 4.2 — 78,026,865 ; —X— 1 Maryland—Baltimore -—83.2 Complete and exact details for the week covered by the foregoing will- able to give the final a Federal Reserve District—Richmond- West +15.6 District Total all cities for week we are 4,335,7001 560,927,061 4.8 Richmond issue of next week. ,2,109.419:. 9.0 — Fifth Ten cities, five days—— our 2,648,714 /I,.238,740) 621,581,914 657,671,590 Pennsylvania—Pittsburgh. 4.5 + $6,760,763,006 4,158,853 Youngstown + 124,869,175 28,138,400 3,407.879 0.4 + $7,117,182,641 15,986,200 2,168,447 Columbus Mansfield 192,895,207 _ 1.4 + 3,389,922 125,429,234 4.0 214,818,000 Baltimore———_....— in 1,244,87^ . 5,730,800 + 219,967,696 + 204,531,926 _ 3,717,478 120,638,632 222,531,554 — 224.527,000 ends Saturday 546,000,000 ' District—Cleveland- Cincinnati 0.9 — Pittsburgh-.____.__— _ Reserve Cleveland San Francisco_u-i-—— — cities) Ohio—Canton ' Boston (10 Fourth Federal 5.8 367,476,607 519,000,000 Chicago Other Cities, five 452,462 ft 408,782,928 New York- Cleveland 825,279 ,, i;501,12i —40.1 7,502,000 " : Total Clearings—Returns by Telegraph Kansas 5.3 — 737,951 501,740 +14.1 —32.4 1,865,112 570,753 1,594,248 605,000,000 1,260,208 2,726,180 1,327,940 2,211,556 '+ 2.0 +29.1: 682,015,607 Jersey—Trenton V . 0.2 + 3,048,947 2,005,060 — 491,291 + 2.0 —40.4 662,000,000 1,260,551 3,477,423 1,355,275 1,766,464 4,491,900 York for the week follows: 1,665,999 691,517,749 Wilkes-Barre-.— Our comparative sum¬ gain for the week ende d Friday of 5.8%. a 1,259,792 675,000,000 1,625,915 —. Scranton f > V;'.\Vt 4.9 — 771,257 738,866 PhiladelphiaReading Our preliminary total corresponding week last year. 786,810 Lancaster — stands at 636,889 ;.j $ ... ; 1,669,450 Chester.— possible to obtain weekly clearings will 1942 * 605,646 Bethlehem ■ cities of the United States from which it is $ District—Philadelphia— ... telegraphic advices from the chief cities ; ; 1943 ■ liminary figures compiled by J Inc. or (7 cities) showing the figures for each city for the four years: ___—; 4.0 — 3,395,762 3,119,892 2.8 113,243,896 93,341,519 8.5 43,264,547 37,079,010 — 3.3 2,974,875 3,056,050 + — — 4.6 1,220,451 —11.1 995,394 975,176 13.1 4,446,591 4,470.26ft 3.7 169,541,516 + — 1,204,822 Tenth Federal Reserve District—Kansas City— Week Ended Feb. 3 First Federal Reserve $ $ ft Nebraska—Fremont 1942 1943 Hastings-— • 5.8 925,782 .. Wichita 3,103,745 3,637,920 —14.7 3,318,920 3,192,336 436,612,729 —20.0 338,224,310 289,121,027 5.7 850,039 814,604 2.1 472,489 — :• + 15.2 959,331 5.1 4,447,337 —12.2 2,829,981 2,555,444 13,778,685 354,495 3,837,911 3,196,238 76,667,627 1.2 64,490,168 44,349,949 3,226,402 ! • : 3,208,774 0.6 2,742,747 3,020,624 13,709,689 —; "'"7,474,607 „ 7,262,432 456,487 962,941 l;021,392 470,723 460,833 1,387,555 1,292,534 Fall River— .. — + j 186,748 >,,.185,555 8.2 —27.7 Missouri—Kansas City_ St. 195,420 + 18.4 381,186 '' Kansas—Topeka 944,194 349,157,371 Portland Massachusetts—Boston i;' Lowell——. — 207,961 4,892,256 77,621,974 "350,000 3,538,492 , . .omana— 925,612 871,273 _ 246,310 ——. — Lincoln———: ; District—Boston- Maine—Bangor. r Dec. $ $ Clearings at— Inc. or 1944 1945 044,482 Joseph 196,583,344 + 4.2 1.8 —15.2 1,052,822 —15.2 946,738 9.4 — 5,951,193 5.204,057 174,558,731 6,168,806 132,234,328 4,399,719 1,097,160 -.796,289 784,735 260,192,920 + — 7,365,691 ;'lfoV.^44,838 S,is "495,607 Colorado—Colorado Springs — 194,348,347 786,394 •„ • New Bedford— — .. 2,921,905 Worcester Rhode New , 8,780,661 19,023,000 Island—Providence 16,858,808 8,145,256 Haven 17,557,800 1,100,747 Hampshire—Manchester — 3,328,999 16,479,631 Connecticut—Hartford >, New 4,779,928 4,535,661 ': Springfield————+—,— — •+ 495,857,369 2.2 • !^V'Vf Texas—Austin—— 16,284,200 528,795 Fort J,Total (12 cities)—-— 338,396,305 Second Federal Reserve District—New York— 1 10,076,593 7,179,854 2,066,169 + 29.8 1,896,984 67,425,383 68,161,816 54,200,000 49,900,000 1,312,675 1,323,479 1,170,414 1,008,822 876,322 2,852,959 York 6,769,296,179 6,462,597,799 jRochester 14,533.039 14,995,864 7,504,583 8,139,972 —«— — — Jamestown—J—— New . 'Syracuse .. _ Jersey—Montclair 10,554,318 2^686,'000 . 3,327,000 5,409,548 Hi,550,508 "'5,277,371 150,708,153 i33,579,222 & '■'•'I-1 .j j ; —: r X---' . - 567,163 i.i Twelfth Federal ■» —19.3 2,409,000 5.6 1,149,714 0.6 4,659,118 +12.8 110,176,478 103,454,15'8 9.4 83,897,865 -62(266,63() — + ,1, , • w * 3,015,000 1,313,565 < 5,228,940 'jlu ^ -f,ir Jte^j^D^strlct—San Francisco— Wash in g t o n—ge a t tfe^:— 86,615,942 Yakima— — 0.8 + 4.7 889,979 986,163 5,173,960,591 3,504,952,391 9,127,525 - — — - 3.1 12,180,400 7.8 6,983,564 : —15.0 658,028 + 1.6 6,347,794 5,971,095 ■' '•• ! 545,508 5,819,298 - ' San 26,173 947 28,545,779 — 11,730,906 —19.4 8,542,609 5,997,25i 7.2 3,411,993 239,266,000 3,203.062 197,686,000 9,456 759 5 133 735 — 1 V 35,054,547 34,724,497 + 1.0 26,819,602 26,433,306 Northern New Jersey 41,306,014 39,652,831 + 4.2 31,633,863 295,946,510 4,695,974 San Jose Santa Barbara— 2,026,845 ' 530,177 Newark— 4,790,453 289',83o',000 7 128,287 Francisco Stockton -- — 2,078.255 78,771,284 California—Long Beach. 12,619,513 —13.1 95,628,873 2,420.321 77,324.655 Oregon—Portland > Utah—Salt Ldke City— ■ Pasadena 7,759,811 Connecticut—Stamford— New 81,237,7717 11,939,205 1,463,331 (6 cities)— 2,059,548 Elmira •' 2,104,558 87,554.126 + 44.6 —j— - „ +15.1 2,681,078 :j • Buffalo 2,465,315 + 10.9 Falls—— *" )i 26,117,408 f. + 37.7 10,146,240 — Total i| Binghamton— 3,173,103 110,105,000 Louisiana—Shreveport— " 3 ■'{ 4,369,504 Worth Galveston— 500,537 . 390,423,251 —17.7 ■; 122,105,000 14,674,770 Dallas Wichita .... 299,523,178 Eleventh Federal Reserve District—Dallas— 6,500,893 17,519,000 Mi-: 292,146,372 3,473,944 6,568,582 7,2? 600,153 408,159,808 — Total (10 cities) 842,950 1,983,697 4,792,172 4,198,811 + 16.5 1,444,753 2.8 70,662,775 47,260,423 8.3 23,956,786 •20,331,445 — + 2.1 — + 51.8 2.2 + + 14.1 1,042,576 4,134,684 3,144.297 1,280,215 1,491,445 3,801,854 .2,940.069 30,663,403 Total (10 cities) Grand Total (111 Total (12 cities) 6,978,376,335 6,650,418,347 —13.8 5.326,767,706 3,644,061,156 Outside New York ♦Estimated 510,902,663 cities)______—__ 528,370,542 11,582,787,213 11,363,314,946 4,813,491,034 4,900,717,147 — 5.2 439,467,912 346,294,820 + 1.9 9,252,131,982 4,078,171,391 6,968,890,382 3,463,937,991 — 1.8 I Monday, February 12, 1945 CHRONICLE THE COMMERCIAL & FINANCIAL 702 Pacific RR., Southern Wison & Co., requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now certifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world. We give below a record for the week just passed: 1 FOREIGN EXCHANGE FEB. 2, RESERVE BANK TO TREASURY UNDER TARIFF ACT OP 1930 FEB. 8, 1945, INCLUSIVE 1945 TO Country and Monetary Unit Official .297733* .297733* Free .251247* .251247* .251247* $ Argentina, peso— Australia, pound- 3.228000 3.228000 - .251247* .060602* .060602* .051803* .051803* .051803* .051803* * .571400*- .909090 .909090 .902968 .903750 .905078 ft .571400* .571400* .571400*v ft 4.035000 4.035000 .301215 .301215-" .ft .301215 .205820 .205820 .205820 .205820- .205820 Morris .909090 .909090 .909090 .909090 .909090 .900416 .901250 .902708 .903125 National .898750 New Zealand, pound 3.244203 3.244203 3.244203 3.244203 3.244203 Union of South Africa, pound- 3.980000* 3.980000 3.980000 3.980000 3.980000 !.—. ' Missouri Telephone Co., - 3.244203 ft - v 308 311 .658300* , .658300* .658300* .658300* .541966* .541966* .541966* .541966* Distillers Products Corp., Wire Co., Barb 34 7c ' debs., „—___Mar 7-yr. 1st mtge. Lt. & Pwr. Co., Ltd., 1st Scotia Pennsylvania Gas & Electric Co., series A, 57z7o bonds—— .658300* .541966* ' .658300* .541966* Controlled Corp. of America secured conv. bonds, due 1947 . Mar Stores Corp., 6% pfd. stock Mar Northwestern 3.980000 Nova Uruguay, peso- 1st mtge. 4(46, rer. C, due 1961_Mar due 1949—_ , 5V2S, due 1945—Mar 4s, due 1957_Mar mtge. Terminal Janeiro de 570 * ' 1 5 1 570 211 571 572 1 : > Feb 15 246 606 1st mtge. 3%s,-due 1965^— Ry. Tramway, *•" Auction Sales Transacted by R. L. Day & Co., Boston, on Wednes¬ day, Feb. 7: V > I 1 $ per Share 310 STOCKS, Bhajres • ($300 par) Boston Athenaeum ($300 par)__;_ Kreuger & Toll Co. ($10 par) Boston Athenaeum 175 Waterfront Realty —_______ 310 $2 lot —— 1 v.t.c 1 Richmond 5 Pennsylvania Power & Light Co., 7s pfd.; 10 Georgian Inc., 8% pref. A ($20 par); 13 Middle West Utilities Co.,: common 133 : $10,000 .; . Pratt Read & Co., common Corp., $636 lot 4% . ($10 par) Per Cent BONDS ; Canadian Rail & Harbour Terminals Ltd, 1st mtge. 6VzS, March 1, 1951. Coupon March, 1934 and sub. on. Stamped part and 2nd payments made— Transacted Barnes by & reporting member banks. Loans to brokers and dealers purchasing or carrying United States Government obligations declined $22,000,000, and other loans for the same purpose declined $47,000,000. for $19 lot Philadelphia, Lofland, on Holdings of Treasury bills declined in nearly all dis¬ tricts, the principal decrease being $185,000,000 in New York City; the total decrease at all reporting member banks was $373,000,000. Holdings of Treasury certifi¬ cates of indebtedness declined $58,000,000. Holdings of United States Government bonds increased $70,000,000 District, and $167,000,000 at all reporting member banks. Demand deposits adjusted increased $108,000,000. in New York City and $89,000,000 at all reporting member banks, and declined $32,000,000 in the San Francisco Dis¬ trict. United States Government deposits declined in all districts* Wednesday,- Feb: 7: 10 50 Eirst National Bank, Absecony N, J.xx^ft______x_xx-__ 1, 7% pfd._ 319+ , -ZVz Hotel Traymore Co., Atlantic City, series Statement of Condition of the 12 Federal 1 i . Jan. 31, Assets— Inc. (+) or Dec. (—) and Total reserves 8,414 Industrial loans___. ...... U. 8. Government (+) or 11,413,404 Certificates 1,565,721 1,156,472 Bonds 29,500 + + 632,521 9,200 __ 519,262 — 19,061,737 + + 79,152 7,892,674 + 55,399 19,265,264 Total loans and securities + 8,063,811 ' Due from foreign banks 116 F. R. notes of other banks 80,798 Uncollected items 1,784,593 Bank premises 34,476 Other assets 61,760 Total assets______ ; 39,883,823 20 — .— 16,601 — 94,292 3,896 — + 6,925,907 45,581 — LiabilitiesFederal Reserve notesL________ 21,845,618 + 97,572 + Treasury bills indebtedness 592,798 Foreign + 66,684 + 1,468,050 —1 54,783 + 584,379 1,247,849 + 1,095 395,164 Other ft*; 8,132 Total deposits 1,346,740 Total liabillties___________—. 39,386,810 8,239 ;ff I - Reserve with Federal Reserve Banks Balances With domestic banks— deposits-adjusted Time deposits.. —_______xxx____—. — res. Domestic banks—— —166,154 + 724 "•Jan. 24 and Commitments 46,730 to make + 257 + 200 + 12,453 + 6,925,907 892 + 45,581 — .1 % — •ft, 3,391 14 65 + —373 —1,107 58 +1,280 — — 24 + 3,668 + 167 + 3.653 9 —1,167 + 66 —101 + 492 17 + + — — '3::; 81 27 166 — 1 + + + 925 1,522 + 31 840 + 11 + 31 + *1526 *1969 3% *2543 . * , . Mar -1 Apr ' 9— 1950 464 *2753 lien & Co.— ,1 * - . 465 465 , _Feb 26 607 -July 1 607 -—Mar 5 * stock ref. 57c mtge. bonds, due 1957 mtge; Struthers Wells-Titusville v 1949 ■ , bonds due 1972 Corp., —x 5 Vis, due 1st mtge. 1; ——-—.ft14,424 , ——— ♦Announcement in this issue, tin Volume 315 5s, ser. A, —Mar United Towns Electric Co., Ltd., 1st mtge. 5s due 1958.Mar Washington Ry. & Elec. Co., consol. mtge. 4s, clue 195l_Jun 1953 608 1 5 1 Apr —, —— Inc., 1st mtge. East 40th Street Building, 10 due (New York District). Carolina Power preferred & collat. trust 4% Struthers Wells Corp.— 105 + Apr. bonds, ser. B, due 2003.4. mtge.. 5% Southwestern Public Service Co.— 2 Ill — ref. 1st 1st ™ & $6 + 4.203 89 609 160. — 14,97c i . 70 — 6,891 common are declared. American General OF NOTICES Company and Issue— TENDER common Date stock Corp., first preferred Feb 28 stock-—Feb 15 due 1947—-—Mar 1 Central Pacific Ry.ylst mtge. ref. bonds, due 1949 Feb 28 Consolidated Cities Light, Power & Traction Co., 1st lien Capital' Traction 5s, due Co;, 1st mtge. 5s, 1962 Lehigh Coal ; _• & Navigation — v. $2753 * 564 108 565 •_+__--Feb 19 bonds__— * 569 —Feb 14 ,_Feb 26 ..Feb 15, Minnesota Transfer Ry., 1st mtge. 3%s, due 1956 Pacific Electric Ry. ref. mtge. bonds__x___xxx-——^—Feb 465 571 26 1st mortgage Southern Ice due So. 4% Co., Ice bonds, due Inc.— & Utilities 1953 Mar ft1'• ft{y> Co., 1st 1946 Pacific Industrial and Miscellaneous Companies Per ? . ' Acme Steel Allis Co., San Francisco, Term. mtge. con v. 1 * A y+rft-'v-'ft+ftftft Chalmers _Feb 9 1st mtge. bonds.Feb 28 . * 315 (quar.)—— Aluminum Industries, Chicle Co. Inc. American Arizona pfd. Co. 3- 5 2- 9 .3- 1 2- 7 4- 2 3-16* $1.50 20c , 2-19 3- 8 15c (quar.)—.— (quar.) (irreg.) - 3-12 $1 3-15 3- 1 3c (quar.)— Inc. Investment Co. of IllinoisPhenolic Corp. (initial). Power $6 3-12 3-31 •>•$2 (quar.) Archer-Daniels-Midland of Rec. ft 40c Manufacturing— American Furniture Co., Payable 75c • Aluminium, Ltd., copimon (quar.)— 67c pfd. (quar.) ('payable in U. S. Funds) Aluminum Goods Manufacturing Co.. American 6s,' Co. Holders When Share Name of Company American Peoples Brewing Co. of Trenton— ■ 4, this week are: Page Co.— Funding and improv. mortgage 4s Los Angeles Pacific Co., 1st ref. mtge. , The dividends announced '.V;'■r '-' : ^ , Ccp., American Superpower Southern Commercial, industrial, and agricultural loans declined $15,000,000 in the Chicago District and $37,000,000 at all Dividends . list of corporate bonds, notes, stocks called for redemption, including those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in which the details were given in the "Chronicle." and preferred the following principal changes for the week ended Jan. 31: Decreases of $80,000,000 in loans, $297,000,000 in holdings of United States Government obligations, $101,000,000 in reserve balances with Federal Reserve Banks, $320,000,000 in United States Govern¬ ment deposits, and $404,000,000 in deposits credited to domestic banks. ; v."";,ic, DIVIDENDS grouped in two separate tables. In the first we bring together all the dividends announced the current week. .Then we follow with a second table in which we show the dividends previously announced, but which have not yet been paid. Further details and rec¬ ord of past dividend payments in many cases are given under the company name in our "General Corporation and Investment News Department" in the week when Notices The condition statement of weekly reporting member banks of the Federal Reserve System in 101 leading 1* Below will be found a Condition Statement of Member Banks shows 50 — —404 159 ; cities — 8,856 ——L 9,859 40,056 75*894 j 7'/» preferred stock collat. trust notes, due Inc;, Redemption Galls and Sinking Fund 6,863,339 + indus¬ 65 — ' —320 : revised 1 Mar 30 —x_ +'*•(• 678 to deposit & trial loans 2 18 deposit accounts except U. S. Gov't accounts, figures bonds, due 1948 :_ 7 7c preferred stock +u''113,252 — + 49 1 r/c 36,076 7,814 r—»• — — Borrowings Debits to demand interbank + 39,883,823 + 14 12,360 deposits Interbank deposits: U. S. Government Apr 109 1 - 436 South Demand * 564 565 566 1st & ref. mtge. 41/a'^ bonds, ser. C, due 2003_x_—Apr 4 , _ 1st & ref. mtge. 4vi> bonds, ser. D, due 2003 Apr * ! 465; Corp., preferred stock——Feb 28 465 Metropolitan Edison Co.— 1st mortgage 4Va^ bonds, due 1968—.: Mar 1 *2075 1st mortgage 4% bonds, series E, due 1971Apr 2 $2075* 1st mortgage 49c bonds, series G, due 1965 May 2 *2075 Namm (A. I.) & Son, 6% sinking fund debenture bonds_Feb 16 *2759 New York, Chicago & St. Louis RR.— Ref. mtge. $y2ft bonds, ser. A, due 1974— —Apr 1 313 Toledo, St. Louis & West. RR., 1st mtge. 4s. due 1950_Oct 1 313 North Western Refrigerator Line Co.— 3Vz7c equipment trust certificates, series K Mar 1 571 2J/i7c equipment trust ctfs. (first lien), series L_. Mar 1 571 Northern Ontario Power Co., 6% preferred stocks Mar 31 571 Ozark Power & Water Co., 1st mtge. 5s, due 1952——Mar ,1 *1299 Paramount Broadway Corp., 1st mtge. ctfs., due 1955—Feb *15 313 Pennsylvania RR., 40-yr. 4Vz7> deb. bonds, due 1970 Apr 1 572 Portland RR., 1st consol. mtge. 3y2S, due 1951— July 1 212 Revere Copper & Brass, Inc., 77o preferred stock— Mar 2 606 Rustless Iron & Steel Corp., $2.50 preferred stocks Feb 28 606 St, Louis Public Service Co., 1st mtge. 5s due 1959 Mar 1 60S Securities Acceptance Corp.,AVz7c conv. debs., due 1950-Mar 1 467 Shawinigan Water & Power Co., 1st mtge. & collat. trust 4V2 7o bonds, series D„ —Feb 26 467 Smith (Howard) Paper Mills, Ltd.— 1st mortgage>4%:serial bonds, series A .—Mar; 1/* 1st mortgage 15-year 4Va'U bonds, series A — Mar 1 * Liabilities- 1 27,165 P. R. note liabilities combined 2,110* . + 47 1st + 1-988,764 + 165 801 Total liabilities & cap. accts._ Ratio of total — Cash in vault during week ; ? 228*153 _ Burplus (Section 13b) Other capital accounts 2,882 9,302 563 Other securities Capital AccountsSurplus (Section 7) + 600 Obligations guaranteed by U. S. Government ' Capital paid in_____ + — — 213,422 + 21,128 16,186,213 Deferred availability items Other liabs., incl. accrd. divs.__„ 21,937 . 277,087 — ■vl'..;- ... — 72 9,196 —_____—— (J. S. bonds 4^760,645 13,950,402 156 1,305 2,553 9,971 _______ — Foreign banks- U. 8. Treasurer—gen. acct 64 + 369 Other loans______ Deposits: Member bank—reserve acct._ + 3 636 — 4,853 — 241,975 + 6 — 901 — 46 — 22 . Treasury notes____ (Inch guar, sec.)__ 37* — 1,049 , Treasury certificates of Total U. S. Govt, securities 676 + —.80- — 1,093 Loans to banks 2,339,100 + $ + 7,069 —374 — Other securities—-^ Real estate loans +5,440,315 2,500 4,926,140 Notes 37^599 + —— 563 Majestic Radio & Television pur¬ obligations 562 , 1944 1,121 748 for purchasing or carrying: Government obligations—; U. S. U. 8. Govt, securities: Bills dealers Other securities 6,218 - Kobacker Stores, Other loans for 177,355 + 203 and 561 Division— —Mar 31 Holophane Co., Inc., preference, stock—— — Mar 15 Kentucky Rock Asphalt Co., 1st mtge. 3Wii-81ktU ' bonds, due 1945. Mar 5 chasing or carrying: —1,374,426 23,956 4* 3,721 brokers Mar bonds; Water Co., 1% .preferred stock - ; 6,350 to Loans 66,646 — 8,981 18,656,816 199,806 Discounts and advances 20,433 + 624,821 284,130 1st mortgage 4& Hackensack . Kresge Foundation, » 59,246 12,107 loans —1,669,708 V 361,928 21,000 17,747,865 due from U. S. Treasury Redemption fund—F. R. notes— Other cash 1 and agricultural Commercial,1 industrial, 1944 1945 1945 Loans—total Feb. 9, Jan. 31, Feb. 7, Assets— Gold certificates on hand due mortgage Refunding & collat. mortgage bVtfo ^ 1945 ® ' m Investments—total Loans and notes, Great Northern Ry.— * • Eastern Ry. Co. of Minnesota, Northern Decrease (—) Since Feb. 2, Jan. 24, 1945 (In thousands of dollars) 201 preferred stock conv. Louisville & Nashville RR.— Increase since '■ (In millions of dollars) Reserve Banks Combined conv. secured (Ludwig) & Co. Warehouse— 8Vz7v bonds • —Feb 15 Capital Transit Co., modified bonds, due 1951__'__Mar 3 Consolidated Laundries Corp., $7.50 preferred stock——Mar 3 DiGiorgio Fruit Corp., 7',« preferred stock—July 1 Eastern Oregon; Light & Power Co.— 1st reporting of the assets. and liabilities of A summary 3lA7f> Baumann tially in nearly all districts, the member banks follows: 468 Page Feb 16 1954__Mar 5 Allied Stores Corp., 4^% debentures, due 1951 —Mar 1 Anacostia & Potomac River Rail Road Co., 1st mtge. 5s, due 1949 —x x—__xx—x-x__xi—_ Apr 1 Armour. & Co. (of Del.), 7% debentures, due 1978"-x_—Mar 1; Atlas Plywood Corp., convertible preferred stock-. May 1 declined substan¬ principal, decrease being $84,000,000 in the Chicago District; the total decrease at all reporting member banks was $404,000,OOO. \ Date Company and Issue— American Aviation, Inc.. All Alleghany Corp., ■ Deposits credited to domestic banks $ per Share STOCKS' Shares ■ 246 468 $2654 „ ENTIRE ISSUES CALLED City, $39,000,000 in the Cleveland in New York y:*?i ■ ^ Mar 1 Light & Power Co., Ltd., 5% -mtge.:'bondsxxxx_x__x_-xxxxxx_:.__ x___xxxx_:„Apr' 1 Standard Oil of Ohio, 4\\7o preferred stock..— Feb 23 Springfield City Water Co., 1st mtge. 4s, ser. A, due 1956 Apr 1 Trinity Court Building, 1st mtge. 6s (extended at 4% to 1946) ' : Mar I Richmond Rio 209 1 15 _Mar — " * 1 ft1 1 ref. mtge. 1st lien & Bridge Co. 1st mtge, 61.4s, '+ Prairie du Chien-Marquette '■: due 1954: 'Nominal rate. v < Plan series A, .900000 " 15 Feb National Department ¥ 564 *2539 4 Officev Building— & .301215 4 Noncontrolled Theatre 4.035000 .909090 308 - mortgage fee and leasehold bonds——___Feb Master Electric CO., 3 Wc" debentures;; due 1953———^Mar .301215 .205820 ft 1 1 1st ' 4.035000 Newfoundland, dollar— *2754 563 Feb 15 Maryland .571400* 4.035000 1 1 6'U bonds, due 1st mtge. conv. i". C..1950 .905625:.. Works, .301215 Mexico, peso Free Mar . ——— Pitt Bridge 4.035000 England, pound sterling India (British), rupee Official .909090 .902500: .571400* .901406 * 1948 1961 due v .909090 .909090 .909090 _• Free .051803* Fort Canada, dollar— Official r .060602* .051803* v due 563 1 1 Collins & Airman Corp., convertible preferred stock_x_May 10 Connecticut River Power Co., 1st mtge. 33/4S, ser. A, * 3.228C00 ■ A, 1 Chicago & Western Indiana RR.—* ' 1st & ref. mtge. 4(4 </o bonds, series D, due 1962 Mar Cleveland Union Terminals Co., 1st mtge. 5'/2s, series.A_Apr .251247* .060602* .060602* Free >' .ftft 3.228000 3.228C00 .060602* series .297733* .297733* Official Colombia, peso $ .251247* 3.228000 Brazil, cruzeiro— Feb. 8, .297733* , 1955—___—___—Apr '1 1st mtge. 3% Light Co., ■. , Feb. 7 v ' $ U $ ft .297733* $ $ Feb. 6 Feb. 5 Feb. 3 Feb. 2 Gas Page Date Ltd.— bonds, due 1963—Mar Atlantic Sugar Refineries, Ltd., 4% bonds, due 1951 Mar Burlington Mills Corp., 5% preferred stock : Mar Carolina, Clinchfield & Ohio Ry:, 1st mtge.14s, ser; A, ft • due 1965 ^—Mar,; Certain-teed Products Corp., 20-yr. 5Va% debentures, Atlanta Buying Rate for Cable Transfers in New York Value in United States Money Noon REDEMPTION Company And Issue— Acadia Sugar Refining Co., 1st mortgage 4Vadue CERTIFIED BY FEDERAL RATES preferred stock PARTIAL V 146 bonds—Feb 28 -Feb 28 1st mortgage refunding Inc., 6% Pursuant to the Page Date Company and Issue— Foreign Exchange Rates 2-15 2- 8 3- 1 2-16 -15c 2-22 15c :— 3-31 3-17 50c 3- 3 2-19 $6 3- 1 2-15 v Volume Number 161 & Artloom Co. pfd. $6 prior (111.), Powder Co._ 1 3- 1 2-19 Mallory Hat Co., 7^ •25c 3-20 2-28 Manhattan 75c • 3- 75c , •. Marion 2-27 1 2-17 3-10 Masonite 41 «/4C 3- 1 4- 1 3- RR., 57c pld. (accum J Seelig Manufacturing Co., common Bangor ■& Aroostook Barlow & $1*80 Class A (quar. I Belding Corticelli, Boyertown Bank Inc. Co., iquar.i 7•" preferred 4- 1 2-17 2- 3- 1 2-19 6 ',0 2-28 2-14 6',f 6% preferred Carman & Class . — 6<V . 2-15 2-20 Midland 3- 4- 2 3-20 2-28 2-10 1 preferred Central 5tf: preferred Aikman & 57 2 3-10 Morgan (J. P.) 3-1 Munson 3-31 3-20 2-15 Consolidated 50c 3- 1 25c - 3- 1 2-15 3-15 2-20 National 3-15 2-20 50c 2-15 1-31 50c 2-15 1-31 15c 3-15 3-1 25c 2-10 1-31 New 15c — ' 2-15 2-14 Newmont 3-1 2-15 3-16 North Class to 1 3- 2 3- -40c SI.25 2- . 6% 6 56'/4C 3-15 2-23° $1.37'/a Alkali Distillers Dominion Deposit (American Ltd. Stores. Co Drug 3-1 iquar.)„ Util'ties 7'i El preferred Walker & Employers Extra 5 2-15 2- 3-1 2-15 2-15 . 2- $5 1 3- 1 2-16 Provincial 3- 1 2-15" Public T - 2-23 Light, Corp. Radio Corp. 1-31 1 2-15 3- 1 2-19 Rand's of convertible $3.50 8preferred 4-15 4-10 Raytheon 3-15 3- 5 Real 3- 5 5rr preferred 3-15 62 Vac 3-15 2-16 10c Sarnia 75c Savannah Electric & Manufacturing Co ___ Investors, $6 pfd. iquar.) Bak'ng Co., 87 pfd. • (quar, American General Industries General Motors Indemnity American Great Atlantic & Common 4- 2 3-17 7rr.• debenture ; Common ' 2- 1 1-20 Hecla (quar.U-— Hiawatha Oil — 3-10 ' Monthly Co., 2-15 Ordinary registered 3-15 2-20 2-19 2- 7 2-19 2- 7 3-1 2-20 3- 2-15 Southwestern Public Service Co. 4-20 4- Sterchi 3- 2-15 SI.50 Soule Int^r-Ocean 1 79r 1 6 2 3- 9 4- 2 3- 9 50c 2-23 6 9r preferred Stromberg-Carlson Co., Struthers 1 Wells Class A partic. 2-7 2-23 2-16 Sullivan 3-30 3-20 Sun-Kraft. 4-27 4-17 Sunray 3-15 3- Texas 90c 3-10 2-20 1 7c 3-15 2-14 Machinery Co. Barnsdall 2-15* Bathurst Power & Paper Co., (increased) $ 1.40 Timken 2-17 1 2-17 Tokheim 1 3-3Q Tr:on 50c 4- 1 +40c L;V V: 3-31 3-10 3-12 Vac 3? I'J 2-28, Inc.— - 5Vr Y. La Tank Un;on United Car B'scult 3- 5- 1 4-17 50c 2-28 2-15 *20c 3-15 2-15 U. S. Co. ElCctric Lt. 2-19 TT. S. Potash U. S. Rubber 5 4 3- 2-25 2-15 2- 3- 2-14 pfd. (accum.) preferred 3-15 3- 3-15 3- 1 10c 3-15 2-26 35c 3-15' 2-26 50C 3-, 5 '■ of 2-15 2- Koehring Company (irreg.)_ Lake Ltd. Shore Lane-Wells Lee Lo-^k « (quar.)L. Co. (quar ) Pipe Inc. Co.. (quar. com. (quar.) (nuar.)__ 3-15 3- 5 America, 3-15 4-2 3-10 Blair 3-2 2-16 Blauner's 3- 1 2-14 3- 1 2-14 Blaw-Knox 7; 4- 2 3-15 Bliss 2-14 6% preferred ,1-3 5% preferred 25c common j $1.25 9 (irreg.)_____. Power, (quar.) 50c non-cumulative 89r non-cumulative 3-21 TTnited 4- 2 3-23 UUca 7- 2 6-22 57r prior preferred 10- 1 9-21 5 4 prior preferred (ounr.)_ 1-2-46 12-22 54 prior preferred 3-15 3- 3 57c prior (quar.)_ :: 2-15 2- 5 Van Norman 2-28 2-10 Van Raalte *25c ■ preferred Inc., ; (quar.)_, Co.__ Co., ___-^ new 3-12 • (initial) ; 6-11 6% 3- 1 2-19 3- 7 2-24 4- 2 3-22 7- 2 6-21 10- 1 9-30 62 Vac 1-2-46 Blue 5-21 $1.50 25c 3- 1 2-15 Corp., Hills common | —. Inc. 4 2-14,;'!. • preferred (E. 2- ; 40c 40c $1.50 $1,75 3333- 1-31 1 1 5 1. 3- 3 ': 2-17 - Ridge iL_,4 iquar.)— common 2-20 2-20 1-31 1-31 2- v 77c Bond 2-21 4- 2 3-15 3- 2-24 3- 1 2-24 30c ; 3- 1 $1.25 3- 1 2-20 2-15 12-30 2-15 2- 1 2-15 2- 1 3- 2-20 3-10 '( 2-13 :■; 2-15 (s-a) 75c 3-1 (s-a) 62V2C 3- 1 30c 3- 3 2-28 $1.50 3-31 3-26 Boss ¥■ (irregular) (quar.) conv. preferred & of (Sidney) & Co., a Co. preferred 2-15 1 2-12 20c $1.25 ,■' 50c $1.12V2 3- 3 2-15 3-15 4- 2 2-17 40c common (quar.) (quar.) (interim)— Manufacturing Co.— Fund, Inc. (quar.). Boston 2-15 com¬ 3-2 2-15 50c 16c 2-24 2-20 2-13 75c Inc.. common •s (quar.) share in 1st preferred (accum.) Borden 1 1 $1.50 3- 1 or 4conv. 3 2-.5 15c _ Corp., $3 Stores, 3 2- l-__50c (s-a) common stock Blumenthal 1 2-3 2-15 2-15 3- 5 1-31 2- 2-15 2-15 « 2-15 2-15 2-12 3- 1 3- 1 $1.75 $1.25 tl5c tl5c 40c common—__ (quar.)„ Co., preferred 6 2-28 75c Light Co., Co. W.) 2-15 2-15 $1.50 — (year-end) (Phila.) 1 2-23 20c I2V2C iquar.i— common & Power Co.. payable in cash 3-10 • ——_—— preferred (quar.). & mon 12-22 3-20 40c —— — Bloch Bros. Tobacco Co., common 2-19 62 Vac common, ' $3 2-19 62VaC (quar.)— Co.. 3-12 62 V2C (quar.l— Paper Factories, 67c pfd. (quar.) Knitting $2 ':V: 3- 57o 2-15 2- 2-23 ' 1 3-22 $1 2-18 3-31 Wall $2 preferred 1st preferred— 2-28 . 15c (reduced) - 1st $1.50 — Li- common— 8 4 2-15 U.i f3c 50c Black l: 2-28 :• r — Co.. 25c ; ;. (irreg.) 1 shares B $2 ; Steel 2- Co; & Co $2 Lukcns Paper Co. 1 75c (quar.) Co., .2-10 (quar.l-^ (s-ai Ltd. Sons, preferred (quar.)—: 50c $2 — Manufacturing & Sales Co. Co. 3- Spec'alties 67c 2-28 3- 9 20c (quar.) Birmingham Water Works Co., 64? pfd. iquar.) Black-Clawson 9 3-1 t$2 preferred 22sc —■ _l__ (quar.) $2 — (quar.). Power & 2-20 United Co. 77o 5 3- Steel Bethlehem 50c (irreg.)__ Corp. ■ ■ — & Company Extra $1.25 Shares $1 Ludlow Maclaren 5 $1 (monthly) (quar.)— preferred preferred 3- 20c (monthly 1 preferred Br'r 25c — preferred 8"L 3-15 25c (quar.)— Groceterias, Joint Common '* Co. D.) (H. I oblaw Mines, Carbon ■ 2 25c & 2- 2-28 50c -—— Best 2-16 25c : Co (John) 1 2-15 3-15 ■ 37V2C 37!/2C 30c (quar.) - 2-21 3- 20c preferred (quar.) preferred (quar.)_____— Extra 1 — Co. $5 : Ltd.— Mills. Inc.. common-— convertible preferred (quar.) Bertram 1 $1.25 lquar.t 74 8 25c common (quar.) United 2- 2-15 $1 — 1 1 (quar.)^L— Common 2-15 12 Vac 45c 1 2-15 Manufacturing Co. (quar.) ^ Belding-Corticelli, Ltd. (extm) Belding Hemingway Co.____ —___, Berkshire Fine Spinning Associates, Inc.— 2-15 1 '1-26 2- quar.) (increased Co. ' 4; 2- 9 2- Belden 5 2- 37 V3C (quar.) common Street Co. 2-20 3-20 $1.06'4 l^uar.) preferred $1..50 2-10 2-15 - 4'/a>'•>■ Beaunit 3-19 1 3- *20c (quar.) 3-10 6 3-31 75c 31V4C (quar.) Bank 25c common"(quar.) $1.62Va (quar.l (quar.)_ Salie 35c is-ai Inc., B^arine preferred Sooth 1 . $3.50 common Trusteed,N. 1 3- (quar.)__ pfd. Tank & Pump Oil Co., 3- 3-10 (irreg.) Inc.. Co., Roller 1 4- 3-10 $1 (nuar.)___ preferred 3- 00c — Oil •■ 9 9 t25b 2-17 2-15 Class A 2- 2- 3-1 3-1 2-15 3-15 (irreg.)— — 3-3 3-2 3- 1' ; >; 5c 15c $1 tl2'/2C X12V20 Inc., com. 3-1 ; 2-12 2-15 (s-a)_ preferred .(quar.) — Bankers & Shippers Insurance Co. of N. Y.__ Barber-Ellis Co. of Canada, Ltd. (quar.) Extra 2-15 vl 5c pfd. —— 30c pfd. pfd. Insurance 69!) 2-17 2-20 2-15 2-15 —-— Works, 77c American 6-23 6-23 3-12 (s-a)——— - A Corp Baltimore Radio Show, 2-17 2 class 2-10 37V2C 25c 40c $5c $2 25c 10c 12Vac $1.75 $1.05 10c preferred 25C (quar.) 4Vu4 Products, Roofing 3- 37 A Corp., preferred Tilo . Class O'l Thompson 2-14 2 Va —_ 3-15 2 preferred (quar.) Hydro-Electric 54 "0 33- $5 57.- Extra ;■■; 2- 2 2-10 2-10 3- 2 3-15 3-24 2-28 3-1 3- 9 3- 1 2-15 3-10 3-10 3-1 2-15 (interim) (accum.) (quar.) Mines, Ltd. Products Baltimore ;:■ / 2-17 2-15 $1.50 — Locomotive Baldwin Oil Co., Ltd (D. A.) 2-13 3-15 $1.75 ' _j Corp. Co., 3-15 3- 1 3-1 3- 1 $1.50 $1.75 B/G Foods, common (irreg.)___ 77c. prior preferred (quar.) 2-21 $1.50 1- 6V-i'U, common ■ 5-* "2-10 3- 5 $1 25c ; Corp., (quar.)____ com. $1.25 Corp., Goods Nichols, Automatic 2-15 3-15 3- 3-1 25c (interim) Tack Austin Inc.—; . (quar.)_ 3- 7 '/Is — Paper Co., 6V4C (irregular)— common— Refining Co. (increased 1 Imperial Diesel Engine (quar.) Autocar 2-15 2-26 25c (s-ai____ 2nd preferred 2-15 75c Inc., 4- $2 Inc., 2-15 15C Co., Stores, 1 3 7 Vac preferred Tea $1.87»'a 2- 9 7- 6 7- 6 3-31 3- 2 3-1 3- 1 75c $2.25 — (quar.) LAunor Gold 9 50c 3- 35c (final)—., Sulphur Co., 3- — — 3-15 15c Machine Co._— 7C> Jewel Bros. (interim)_ Lake (irreg.) Inc. Advance Bag & 15c iquar.)..— com. Oil Co., non-cumulative 5 4 - Jefferson 2 Co. 3-15 Chemical, fiz 4- 2r24 3- 1 ■ 10c 20c 25c 75c (s-a) Atlas 13- 9 , 25c:. Atlantic 3-9 2 — preferred (quar.) $3 pfd. iquar.)___ Securities Corp., $4 pfd. (s-air_ Gas 2 4- preferred (quar. l preferred ;(quar.)L__—-Li- 15c partic. conv. 4- preferred (quar.) :6%. 12 Vac .u_ International Nickel Co. of Canada, Ltd.. Jaeger M:ll $2 & Steel Saw 25c Co. (monthly)._ Imperial Varnish & Colour, 1 $3 (s-a).— (quar.) Socony-Vacuum Stuart — 3- 2-17 75c Atlas 40c Co. 5 25c Bonus $1.50 Pen 3- ' Indinni A.) 3-15 Imner'al Tobacco of Great Britain & Ireland ' (W. Simonds (IrregularV—— Power 12-15 Extra 5 —_— lighting &. Houston 12-31 2-28 4- 2 4- 2 3- 1 $1.75 (quar.) Dry Common 2-23 3-15 (quar.)—__ common 5 2-15 pfd. (quar.)— common 2- 3-15 3-1. 3- 3' 25c _1_ preferred (quar.) 7% preferred (quar.) ■ Atchison Topeka & Santa Fe Ry.— 6-15 25c Sheaffer 9 3- Co.— Inc. 3-10 6-30 $2 4- ———_^ Holophane 50c (quar.) 50c i—, Monthly 2-15 '3-15 1-26 /v-if ' 50c ' L_, (quar.) (quar.)_; preferred 5 $1 50c 20c . —_ 6% 75c ___ 1 $1.12% — (quar.)— Hibbard, Spencer Bartlett & 1 50c — — Associated (s-a)__ (quar.V_ 25C — Gas 3-15 3- $1.25 Southern Pipe Line Co.^— (quar.l Co.— & 4-18 3-31 44> 3-21 37 Vac — 3- 9 2-19 Y.) common Co., i 2-26 3- 1 2-15 (N. Extra 3-15 1 $1.75 pfd. 3-15 5- 1 3-30 $1.62 "a 67c 75C - pfd. preferred class A (quar.)—'. 5'; Assn. $1.75 ii. pfd. $2 Co., Min'ng 4- 5- 3-15 2-19 •i 2-23 Refining-—^ common Armstrong Cork 1 2-19 ' 3-31 (quar.)— Co., Inc., preferred $3 3-15 25c Power. A Co. Refining, 77o Arden Farms Co., 2-15 1 50c (quar.)__ (quar.) ! C debenture 8'v Southern —__ (quar.) Hart-Carter 3- 1 4- 12 Vac $1.75 . ' 4 Va 'U 1 3-15 _.;_L "■'"IVzdebenture B 5 2- of America- Co. — Chemical Co., 1 3- common— 2- 2-15 $4.50 preferred (s-a)—— Metal, 1 2-14* Class ■ B (quarr4^-^i!tLL^—i> 5* 1'• Extra/ —4 l_— ; / 25c 3- 1 Ampco 5 3- 7 Vac (quar.)___—j.' 10c (quar.) nreferred 3- $8.50 — €l/a7: 'deb^.ture D '' 6'f 2 3-15 10c (accum.) 2-14 3- $3 (accum.) .—,l__— ■ Amoskeag Co., 2-19 Bridge,- Ltd.— 3-20 2-15 ' 2-14 1 75c 3- 3 ;v 9 1 4- 50c Co & Co. Tobacco Extra 2-19 $1.25 50c Griggs Cooper & Co. (increased quar.)-Refractories Co.— Harsh aw 1 3- Semi-annual ■>/ Harb:son-Walker Common 3- 2 Vac preferred 67c Francisco Remedial Loan 2 75c (quar.i.»^_, preferred 7'i i 1 3- —____; Joseph Lead Co.— San 3-10 $1.25 — (N. Y.) Pacific Tea 3- 2- 2-14 —10c pfd. 7% Foundries Steel American 1-30 2-19 87 Vac — 50c (year end) 2-16* 2-27 2-14 $1.75 Mill American Stores . ts-ai • Great ■St. 4- $3.50 common iquar.)—— Corp., common A(S-aJ 3-1 '>.2-1(5 American ..;vi 2-19 2-20 3- 1 3- 1 3-15 35c Building Co. Smelting American $1.50 (quar.) preferred (quar.)— 3-10 _— Phoenix Class convertible 2-14 10c pfd. -taccum.i^— 17 Corp., preferred $5 General Co.-_j Works. Iron 2-23 40c Engineering, S2 v Corpr (quar.) 2-15 2-12 *20c — 25c $1.50 — -— Re-Insurance American Ship 2-17 7 3- 9 1 2-19 ' 3-12 3- 1 3-1 preferred (quar.) American Sugar (accum.) Roxy Theatre, Inc., $1.50 pfd. 2-24 t : & Electric $1.50 —— American 1 3- 3- , 75c 20c $2 — — American Rolling 3. $1 Reymer & Brolhers (quar.) j 2-17 ■: .. 17o American 1 2-10 2-20 $1.25 (quar. A 13-15 General 2- 2-28 3-15 3-15 3- 1 3- 1 3-1 3- 1 : 75c pfd. (quar.) common _— .Common—-—. 2-28 1 1-10« American Radiator & Standard Sanitary Corp. 70c Co., Mills, 79'r 25c Reliance 2-20 $5 (quar.) (quar.k/—________ 1 2- Ltd., American Public Service, 2-19 3- - (quar.u common 3-15 Co.j Anchor Post Fence Co. (quar.l $1.12*4 General 2-15 ' (quar.)—. Manufacturing Silk Hosiery 3-1 General • 1 35C common-; 3-10 General 2-16 2-23 3- 30c : 1st prefeired (Pittsburgh) '4 preferred American News Co. America— 2-15 3- 15c Gellman • 1 3-10 40c pfd. Bakeries 25c $2.50 preferred 3- $1.50 (s-a) 69r 2-14 10c • Transport Co. $1.75 12V2C 75c 50c 62140 —_;—— , 67c preferred (quar.) American Meter Co., 2-14 2-24 50c — — Purity 1-31 2-15 15c — _____ 2-24 . Metal 1-31 3-15 Leather— & convertible American 2-20 . 25c ,r—_____ (quar.).— Fuel Electric $1.75 l*l.^Ll ' preferred I 50c Prentice-Hal^ Jnc. )quar.)— "$3l preferred (quar.) 1 2-23 1 3- ' preferred conv. 40c Fund common Fair Stores, 5 3- 50c _-_L— Co., 6% preferred (quar.) (Charles) & Co — Pocahontas 8 2-24 3- 50c: 1-31 2-15 30c (quar.) American Home Products Corp. (monthly.)— American Indemnity Co. (irregular)— 2-19 2-19 2-15 4- 2 3-15 $1.50 preferred (quar.)_ preferred (quar.)_ 67c 2-9 2-15 Inc.— General Corp., $3 pfd. American Hide 2-14 - 15c Phelps Dodge Corp.-—— Pittsburgh Coke & Chemical— L_— $4.50 1 Pfaudler Pfizer 2-17 3-15 Food 4- 3-1 $1.50 25c 2-24 * • 2-14 (s-a) 3-29 3-15 _ 1 — 3-20 15c Co.,' 4- $$1.25 — 3-1 1 VaS rlcrly *15c (quar.) Corp.____ (irreg.) Fitzsiminons & Connell Dredge & Dock Co.— i 2-14 3- 3 f 2-15 $1.75 . :— : ■■'. 2-28 10c Ltd.— 9 - 2-17 75c preferred $2 1 2-17 2-15 3-10 3- 3 > 15c . $2,50 Co 4-30 Dyeing Co.-r— Cleaning & Mullikeh Pettibone 12-21 7 25c 25c 25c — preferred (quar.).._- American 3- $1.50 2- 50c —— (quar.) (accum.)__, $7 preferred (accum.).: American Forging & Socket Co 3-31 *$1.50 $1.50 50c preferred (quar.i.L . _ Finance Co. of America at Bait., cl. A (quar.) Qu 2-15 Pennsylvania Salt Mfg. Co.—— ! Peoples Telephone Corp., 41/2% preferred—— $1.50 7'i Flint kote 1 2-23 40c iquar.i; — )_v.. 3- 8 25c l . < rmav SI 3-29 $1.75 iquar. iquar.)___:— Corp. of Porto Industrial 2-15 3- $1.75 :—— pfd. Goods Co. — B 3-* 9 1 Wilcox 3- iquar.) cs 2 3- Inc. 15c — (quar.) CI" 4- 1-30 •_ Co, (quar.) American & Foreign Power Co., $6 3- 1 4- 2 .■ 3-15' : 2-16 - American Factors, 3-9 $1 > tl5c Rico Financ al 2 Stow cofftmon__ Reinsurance Un'ted 79v 3- 4- 3-15 — (irregular)— American Barge Line Extra . 2 2 7ivi»c (Peter), .3-14 , Co. — I—— '' (quar.i__ Arch 3-30 3- 1 3-1 ——1 Portland Centent—— Alpha American . i 1-31 r 2-15 J50c t$1.75 40c (irregular)-—__ preferred— 4% American Can Co., common Peck +30c —- ——— Federal L ght & Tract'on, $6 ofd. Fenton 2-13 Paul ll»/2c __l_ • 2-15 Patterson-Sargent Co. 45c (quar.)..Liu 7'i Fajnrdo Sucar Co. 2-15 2-13 2-20 25c Dry 1-26 (irregular). com. (s-a) (quar.)__-_— Baldwin, Ltd, Aviation, Allied Kid Co. (quar.) *$1.50 (quar.) & Stores, American All 2-23 75c (quar.) preferred Alexander 3-15 2-20 $25C Natural Gas Co., Paso Ely 2-13 2-20 iquar.»——— Associates Electrographic: Corp.', 5 1 (quar.)__—■—__ Ltd. Products. Steel 3- 1 ■V 7% 1-31 2-13 $4 pfd. (quar.) — & Casualty & Surety ■ of Reo,, 20c 1007o 25c Manufacturing Co. (quar.) (stock dividend) (J. D.) i ■ Holdert When Payable 50c — Standard Engineering Co, 1-31 4- ^ —l_, Agnew-Surpass Shoe 5 Pemigewasset Valley RR. Corporation Eastern Extra Re¬ ——— , Eastern 5 Co Aetna 2-10 — 1 Companies Share Aetna 2-15 3- • • Dravo Parker Pen Co. 2-20 Adams 8 3* 25c ord. reg. (interim)— Mines, Ltd. (quar.) L Dow 1 2- 2-15 Wire Acme 3-21 2 4- 5 2- 2-15 Miscellaneous and Per 50c — 5 2-5 3- 3-12 being given in the week, these Name of Company 12 Vac (quar,)_—— 2, ' • Industrial r 3- 7 — — ceipts) Dome 2-20 ,3- 25c $1.25 (quar.) Car Co. Ltd. Co., 3- 3- 25c .L _ (quai.) Motor 3-20 35c -----— (quar.) T 1 50c (initial quar. \ Diamond 1 preferred 2-17 2-15 25c :' ^ 25c 2-20 3- 3-21 (quar. )—— - 2-10 3-15 2-15 1-29 (Subject held Lt., Heat & Pwr., Ltd., com. 5'/preferred <quar.)___— Oxford Paper Co., $5 pfd, (accum.) PaauhaU'"Sugar Plantation—. Package Machinery Co.__ 2-20 2-19 Diamond shares 100 Ottawa 2-28 2-14 B 1 2-15 preferred 6'c ■ 3- 5preferred 3- 3- Elec¬ 3-15 3 2-28 Common 2 3-15 37 Vac (s-a)_— Northern Ontario Power, Q'i preferred Nova Scotia Light & Power Cp„ Ltd.— Deep Rock Oil Corp, (increased) Denver Union Stock Yard. 5Vapfd. iquar.i Devoe & Raynolds Co., Inc., com. A (quar.) t each preferred $2 SI.75 preferred Inc., 17 for Pacific Gas & of 2-16 Corp.— <quar.)—_;—— 3- divi¬ 2 $1.75 preferred T/e Cusbman's Sons, share (one / 2-15 25c 25c 2-16 37VaC (stock Northeastern Water, ■V (quar.)_ • 1 $1 2-16 3- 62 Vac pfd. iquar.) Shares 3- 18c .Cl^ss., A.- (quar.)__ 1— common v; 2- '5 preceding table. $1.50 —— Co.. 2-15 2-15 2-16 14c V 3-31 ; iIndianapolis)— Insurance dends 2-16 1 $1 Cov. (quar.)__—— (quar.l 2-20 15c lc — this announced 2-16 1 3- 30c ——— 1 12-15' give the dividends announced in previous The list does not include divi¬ we 3- 25c approval of SEC) preferred (quar.) 534 2-20 3- .-50c tric 2-20 1 3- $1.25 40c 2-26 1 3- $2 Forster & B American dend) 3-15 j Light Mining Corp.Hundred Corp., Nineteen 3-30 25c Gas Britain 75c $7.50 pfd._— Below 3-10 $2.25 Co.-,-——— Insurance 3- 9-15 1 1-2-46 weeks and not yet paid. $1 •——-L-'—;——— Extra & $1 (irregular) (irregular) series Fire Union 62'/ac 31V»c series stock Preferred National (quar.) Coke $1 —. Machinery Co.—- stock Common Continental- Mills Crum 9 National Securities Seriesr- Rubber 1 ! preferred Zeigler Coal 9 3- $1 $4.50 preferred Co., 3- preferred conv. 75c 9 3- preferred class B Murray (Kansas (quar.i.L—,—^ Crown Cork & Seal Co., Inc.. $2.25 3- 1 1 & Co $4 common—. Laundries Corp., 1 44- 25c (irregular) (accum.) Murray Ohio Manufacturing Co.— Nashua Gummed & Coated Paper Co. (irreg.) $1.50 Electric Co.-— Co. 4- Line, Inc., $4 pfd. class A (irreg. |__ $4 10- (quar.)__ Utilities $2 4- 3-10 *37 Vac 2-16 1 _ preferred 3-15 3-15 25c pfd. $1 preferred C (quar.) D (quar.)__ Monomac Spinning (quar.)— —— Loan 3- $1.06 2-15 4r/o 2 3-15 50c common..,- (quar.)—_: preferred B 2-16 2 3-15 . $2 1 (quar.)—— Corp., 3-15 4- . 2-16 3-15 4- (quar.)—. Westgate-Greenland Oil Co. (monthly)—, Westinghouse Air Brake— Williams (J. B.) Co., common (quar.l 3-15 4-2 $3 Supply (quar.) Corp.—r Auto 2-15 3-12 75c preferred 67c 3-15 2 — 3- —- —, 2 4- $1.75 4(4'/^ •*) Corp. 4- — 4% $4 _________ preferred 2-15 50c (quar.) preferred (quar.') Minneapolis-Honeywell Regulator, 8% 3-15 • Clpss B 1-25 1 (quar.) 3-15 conv. Commonwealth 5 (accum.)__ common preferred 1 preferred (quar.)______——l— Columbia Brewing Co —— Columbia Broadcasting, class A.——— . Products, *25c T- 1st Steel non-cum. 1 (qjuar.i_— Counties Gas & ,57 . Collins 2- 3- 25c 4- $1 Extra Coast 1-25 $1.50 4- Century Ribbon Mills, Inc. < increased quar.) Chambersburg Engineering Co, (quar.) Charis Corp;; (quar. )———~v— Chicago Corporation, $3 preferred (quar.) — Chicago Great Western Railway Co.— 5',*• preferred (accum. i—___ ' 5 \ $0,767 — — Insurance & Mo.) 2- 25 c 25c (accum. Surety City, Western $3.50 —— $2 1 Service— preferred (accum,) $6 Western 2-20 $1.50 3-15 50c- — ■_—___ (irreg.)__ Public 3-20 3-10 $1.50 3- Ltd.— Boxes, (irregular). Illinois 3-31 25c _— 3-15 $1.25 (quar.)——— Inc., $2 class A <quar.) Co., B Central $1.75 $1.75 25c Co., com. <quar.)_ ('accum.)——— common 3-1 preferred (quar.j— preferred (1940) (quar.) *7% 2-16. 1 - Oil, 3-10 1 accum.) 50c Note— pld. .(Jan. 25-Apr. 1 period) (initial) Fairbanks-Morse Co., Ltd. (quar.)- Canfield 35c 1 $1 $1.75 $1.75 iquar.) Warren. (Northani) Corp., 77c 2-13 3- $1-15 preferred (quar.)— 7%; preferred (quar,)— 5 2- —— ——— (quar.)—V- pfd. 2-19 (quar.)——— junior preferred (quar.) preferred (quar.)— Midland Oil Corp., $2 conv. pref. 3- 50c 79« 2-20 $6 2-28 3-15 *$1.50 _■ Co., 3 50c (quar.l..^- Watch 3- 40c $1 —! 3-1 Michigan Public Service Co., common (quar.) 25c ■ preferred 57c Waltham 5c (quar.l— 25c (quar.l—__ common Allotment certificates 8 2-10 <■ Co. (quar.)— Co. of Rec. Payable Share ;__ 8IV1C Metropolitan Industries Co., 6',<r pfd. (accum.) 2-28 2 3- (quar.) Wirebound 3.- 1 2-15 —. Meteor Motor Car 25c Canadian class A 2-15 ;75c (resumed) 20c pfd. (quar.) preferred iquar,)— Bullock's, Inc. (Los Angeles). Ginger Ale, common $1.50 2-16 2-28 _ Canada Dry Canadian 1 2 t$1.75 — -,—. $5 •" Corp., 4- : 15c Co Brurlswick-Balkc-Coilender -S4.25 Metal & Thermit 3- 10c Casket American Shoe Brown 2-5 2-15 30c , praniff Airways, Inc._»—. Bright iT. G.) & Co,, Ltd.-, Bristol-Myers Co. (interim) British 2-1 3-10 — Manufacturing Burial 2-11 25c '. - Corp., $3.25 partic. pfd. (quar.) Textile Metal 6 Walgreen Holders When. per ■ . Company Syndicate Chemical Vick 2-16;/ $1.50 Co.— (quar.)——____——:—_ Corp. 4$1 (quar.)—_— Ltd., com. iRichardi : Venezuela 1-25 1 3- ' " 2-19 2- .1 25c L.--; f Name of of Rec. 2-28 $1.75 (quar,) (quar.) Manufacturing 10c — — 7% preferred (quar. > Billings & Spencer Co Borden preferred Co. Merchants Distilling Corp. 2-17 $1.25 (quar.) preferred convertible Shirt — Holders Payable 25c May Department Stores——.—— Automotive Gear Works— $1.65 Garden Corp 10c — Corporation, common.—______—— '/c preferred (quar,) ________ Atlas 3-12 4- Atlas 6 Madison Square When Share Name of Company of Rec. Payable $1.50 (accum.) Corporation "■per- Holdert When Per Share Name of Company Armour CHRONICLE THE COMMERCIAL & FINANCIAL 4359 17L 3- 1-31 3- 1 3-19 1-31 . 7;.per Holder» Payable of Reo. Share Name of Company . 50c Bearing 50c 3-20 5% prior preference (s-a.t__ Brown Fence & Wire, $2 Buck Hill Fails (quar.)______ Co. $1 tlOc ,' 12%d (quar.) Silk Mills Ltd. Bruck 3- 1 2-28 2-28 3-15 2-15 2%% $1.75 —; (quar.), — pfd. A (irregular),, Brooklyn Edison Co., Inc. — Buckeye- .Incubator (extra) " 3c Buckeye Pipe Line Co.___i__,-—7—, * 20c Budd (Edward G.) Mfg. Co., $5 pfd. (quar.), $1.25 Buell Die & Machine Co. (quar.)— 2c Bunker Hill & Sullivan Mining & Concen¬ 12%c 2-14 2-15 2-30 3-3 3- I 3- 1 3- 5 5% (quar.) preferred 50c $1.25 10c —, Burroughs Adding Machine (reduced) Bush Terminal Co. (irregular) Brothers, Butler common ;— (initial) preferred preferred 4%% Jackson Co. (quar.) Electric ..Power Co* Packing Corp., common Byron preferred ' (quar.) 37%c 6% (quar.) preferred B Special 50c . $$1.50 pfd. (quar.)— Ltd., 6% Canada Bread Co.. (quar.) Ltd.— $62%c (accum.), —*■■■ Canada Northern Power, Ltd., com. (quar.), preferred (quar.) — Canada Packers, Ltd., class A (initial), Class B (Initial) Canada Starch Co..: Ltd., 7% pfd. (s-a) —>- $$1.25 $15c $$1.75 $75c $25c $$3.50 Vinegars, Ltd. (quar.) Canadian Bakeries, Ltd., 5% pfd. $15c $$1.25 5% preferred Canada Cement 6%% 7 7 7% Canadian Breweries. Ltd.— $3.40 convertible preferred — (quar.)— $$1 $25c 50c 40c $1.75 50c $1.25 (quar.),. Ltd. (interim) Case (J. I.) Co., common (Irreg.)__■: 7 7% preferred (quar,),, Carpenter Steel Co. ' Caterpillar Tractor Co. (quar.)— Central Foundry Co.. 5% conv. pfd. (quar.) Central Ohio Light & Power Co.-— $6 preferred (quar.,,!7— $6 $7 preferred Belt Hill Chestnut RR. (quar.) Quarterly Quarterly : 7 3-1 2- 3- 1 / Chilton Co. (quar.)„____— Cincinnati New Orl. St Texas Pac. Ry. Co.-— preferred (quar.) preferred (quar.) preferred (quar.)_— Circle Bar Knitting. Ltd. (quar.) 5% 5% , • Extra ■ City Baking Co., common,,,,,,,,, Clearing Machine Corp.: (quar.) guaranteed (quar.) Regular stock (quar.)—, Colgate-Palmolive-Peet Co.— Common (increased quar.) v preferred $4.25 Colonial 7: 5% Stores, — 2-24 2-10 2-21 3-14 2-5 (quar.),! common (quar.) preferred A Fuel Colorado (quar.) Corp. Cum. pfd. (quar.) Ltd Commoil, vCommonwealth International Corp. (quar.) Commonwealth Telephone Co., $5 pfd. (quar.) Compania Swift International (see Swift). Concord Gas, 7% preferred (accum.) 2-15 Connecticut Power Co. 2 Consolidated Edison Co. >, Corp., 8-15 Consolidated Paper Co. (quar.) Consolidated $1.25 Vultee Consolidation Container Coal Glass Consumers Aircraft, common preferred conv. : (quar.) (initial)—_J__ Co. Co., Ltd. 2-15 77c Cook 3-1 2-10 General 3-1 2-15 2-10 6To 2-10 General v Extra 57c Creameries of ■ Crown Drug Co., 7% Crown V Cork Zellerbach Seal Foster. Corp., 3% Extra Cuneo Press, Dairy Corp. (Canada), 5% Davidson Chemical Corp. Decker (Alfred) & Cohn. & Co., Preferred Delaware Detroit & 7% Photo & 2-3 7(1-26 /'2- 5 i2y2c 5-15 Cleveland 3-10 1-22 5 1 5- 8-15 8- i2i/2C 11.15 11- Extra 4- 2 3- 47c 25c 2-20 2- Hires 25c 4-10 3.31 preferred (quar.) 5% preferred (quar.) 5-25 5-10 Common (quar.) 2-15 1-26* Common (quar.) $2.50 preferred 1-31 3-10 2-23 10-10 3- 1 9-30 $4.25 35c 2-10 Hormel 20c $1.50 $1 3-30 3-30 7 3-20 3-23 6To 2-15 2- 2-15 2- 1 25C 2-15 2- 5 37%C 2-15 2- 5 Le 2-15 2- 5 2-21 2- 8 5- 4-20 1 3-23 2-26 50c 2-26 2- 1 50c 2-15 2- 5 50c 50c 5-15 5- 5 8-15 8- 6 Horn 2-1 3-12 2-20 Leonard 3-15 2-15 Lexington Water Co., 7% 3-15 2-15 3-15 3- 67c 4- 37 Vac 3- 1 3- 2- 8 1 2-26 3-12 2-19 $1.75 2-15 2-5 •25c 2-15 1-31 $5 2-19 2- 2-19 2- 9 2- 9 Link 3-1 2-14 62 %c 3- 1 2-16 $1.50 3- 1 2-16 3- 3- 1 $22 %C 1 2- $1.50 3- 1 2- $1.12% 4- 2 25c 3-20 50c 3- (quar.) common (resumed) (quar.)_, prior preferred Participating Hardart Co. (quar.) (N. Y.), 5% pfd. (quar.) 5 2 3-20 2-15 2-5 1 3- 5 8-15 8- 4 11- 5 3-1 2-15 2-15 2-15 3- 2 3-15 4- 2 3-15 1-31 Z'3- 2-24 2-14". 4- 3-16*" 2 2-i 2 (quar.)„. Co B . — $1.50 75c 2-15 1-25 $1 2-15 1-25 3- Mead $1 3- 1 3- 1 2-15 3- 1 2-14 2-26 2 3-29 $1.06 % 23- 2 50c 2-15 1-27 $1.50 2-15 1-27 15c 3- 45c 3- 8%c 3c $1.25,, 7 3- 5 2-15 1 2-15 5 2-15 preferred Corporation, common preferred A (quar.)— preferred B (quar.) .. Telephone Co. (quar.)—— Mercantile Stores Co., Inc.— 7% preferred (quar.) — Merchants Fire Assurance Corp., com. (s-a), $6 . $5.50 Meadville Extra 7% preferred 6%% (s-a)— — Michigan 2-15 Midwest ,3- 1,. 9 1 7-26 1 10-26 2-19 2- 3 3- 2- 1 3 4-1 3-15 2-28 2- £ 5 3- 1 1 2-15 5- 1 4-14 3- 1 2- 6* 3- r 2- 6* 3-12 2-16 3-1 2-17 $4 $2.50 '2-15 $1.75 3-10 1; 2-15 50c 2-15 $$1.25 3-15 2-28 2-26 2-15 2-15 25c 25c 2-10 2-28 15c 3-10 2-24 2-15 2- 3 3-10 3- 5 3-30 87%c < 2-24 3-10 25c $1.25 $21 62%c $55 %c 15c 3-20 3- 1 2- 1 3- 2-20 1 2-15 3- $1.50 $1.37% 9 3- 1 2-15 37%c 2-15 1-31 $1.75 2-15 1-31 75c 2-15 1-29 25c -— preferred A (quar.), Sugar Co., 6% preferred (accum.) Pining & Supply,, r— —— 2-15 3- 2- 4-25 811- 2-15 1-29 $3,50 2-15 1-29 3-10 2-15 2-23 2-10 2-15 2- 3- 2-17 Merritt-Chapman & Scott Corp.—• 3-1 5 2-13 5-1 , 2-15 30c • : 1-25 37 %c 40c — McCord Corporation 2-15 3-1 $1.50 preferred (quar.),, 6% (s-a) 1 2-15 $1 25c 2-13 Henderson & St. Louis Ry.— (accum.) — $2.50 pfd. (initial quar.) Mclntyre Porcupine Mines (quar.) 7% 1 1 15c Gas Star Matthiessen & Hegeler Zinc Co.— 2 2-15 1 2- 3- 50c (quar.) (quar.) MacKinnon Structural Steel Co., Ltd'.— 5% preferred (quar.) Mackintosh-Hemphill Co. (quar.)— — Macmillan Co., common (quar.) Majestic Radio & Television. 20c preferred, Magazine Repeating Razor Co., common $5 preferred (ouar.) —, — Massachusetts Bonding & Insurance (quar.), \ 3-15 2- 1 $1.12% $25c $25c 3- 50c 2-23 3- preferred A (quar.) Co., Ltd., class A (quar.) 5% 2-28 3-10 2-15 30c 30c 15c Lynch Corporation 5 2-28 2-15 3- 5 3- 3-14 2- 1 15 c 2 3-14 3- Common 1-20 1-23 A. 2-28 3- 2 2-15 2-10 — 3-13 2-15 2- 9 1 4- $1.62% 20c preferred (s-a) j Louisville & Nashville RR. 50c 2- 9 3- 50c common 2-15 $1.06 % 2-1 1 25c Louisville 2-15 2-16 2-28 10c Lord & Taylor, 2-15 5- 5 5-15 11-15 (quar.)— Corp., 2-15 18c Participating 5 3- 4- 3-15 2-1 (quar.) ;i 2-15 •77- 7 (quar.),, 3- 3-15 2-15 (quar.) (quar.) *— —, Class Lone 3 2-15 3-1 common Carbonic 4%% 9 1 2-15 Loblaw Groceterias * 25c — 2- 3- $2c — 25c $1.25 (increased) ; 3- 1 15c Extra 3-15 9 1 1-31 $1.75 - 25c ..—, 25c : Extra Liquid 2-15 3- 2- 2- 3 preferred (quar.), • preferred Corporation Lionel 2 3-15 25c Co., Belt 4-14 1 3-1 35c Light & Chemical Lindsay 2-19 $ 3-17 2-15 t$2 $1 Tailors Co Custom Quarterly Quarterly/ 9 6 % % & Co, common Co, preferred 1 34% c (quar.),,,. preferred 7% Horn & 2-15 ■ 2-15 Libby-Owens-Ford Glass Liberty Aircraft Products Life Savers Corp; (quar.), — 50c Liggett & Myers Tobacco, common (quar.)— 75c Class B (quar.)———.— —, 75c Lincoln National Life Insurance Co. (Fort Wayne, Ind. (quar.)——30c 1 common— preferred $5 preference——1 5- 10c 62 %c 1 4-20 3- Co., 2-19 2-2 1 4- 2 $1.12% 50c * 3- 25c Sis 3-1; (quar.)— (quar.)— preferred & $2.50 25c com. 3-10 3-1 5- 1 Leath 25c Co, 1-31 3- 1 2-15 25c s,ee preferred class A C.) 4%% (quar.).— Inc, common (R. G.) 1-31 2-20 2-15 $1.25 (quar.)— Co (quar.) Electrochemical (A. Bryant Inc. Tourneau 1-31 2-~9 2-26 2-20 —*4 (quar.) Legare Co. Ltd. (6% preferred (accum.) Lehigh Portland Cement, 4% pfd. (quar.)— Lehn & Fink Products Corp. (quar.) Leitch Gold Mines, Ltd. (quar.).,, 1 — — — , „ (quar.) Lansing Co. (quar.) Lanston Monotype Machine Co Laura Secord Candy Shops Ltd. 50c Co, common (Geo. A.) — —————,, (quar.) Common Lane 2-15 2-26 62 %c 25c 25c 25c 25c 25c 30c $1 $20c ,, — 1 2- 2-0 1 2-15 20c 10c Co., common,,—.— Landis Machine 2-15 56 %C preferred series A (quar.)—! (Chas. E.) Co. (quar.) Manufacturing, class A (quar.) Hooker (quar.) 5-10 $50 class A 2-10 6-15 $1.25 — ,—■ 2-14 50c A_ 1 3- $$1.75 common,—,—, 35c Hobart 6-30 Sessions Co., & 3 $3 Heyden Chemical Corp, common 7-10 (quar.),, preferred Extra 5-25 3- 2-28 2-28 $1.75 10c $1 $30c — 50c Pineapple on preferred (quar.) $1.50 Rubinstein (Helena). Hercules Powder. 6% preferred (quar.) Hershey Chocolate Corp. (quar.)— $4 conv. preference (quar.),4. $1.25 5% 2-14 "" — Rubinstein, Helena preferred (s-a)_, (quar.) 2- 25c Hazel-Atlas Glass Co. 3- pfd. Lamson 2-15 — Quarterly Hawaiian 3- Navigation 5% 5 2-15 3-15 5 3- 2 Superior District Power— $1 preferred (quar.) Havana Electric & Utilities Co, 6 To pfd Hawaiian Canneries Co, Ltd. (irregular) Hawaiian Commercial & Sugar Co, Ltd.—- 4- 2 Detroit-Michigan Stove Co., 5% 7% Lake 5 2- 25c $4.25 1 3-15 (resumed) 1 2-1 —- (quar.) (M. A.) Hanna 75c 1 2- 2-15 — Extra $1.12% (quar.). Co. : (quar.), (irreg.) 2-15 25c (Calif.), Oil 2-15 (quar.) 2-17 40c (quar.) Common Hancock '2-15 12%c preferred 2-17 1 40c (quar.) . 3-16 Supply, common Hudson 5 2- Quarterly Defender 1 — — 1st 25c (quar.) Ltd. (quar.) Hamilton Cotton Co., Ltd., (quar.) —Hamilton Watch Co., 6% preferred (quar.), Hammermill Paper Co., 4%% pfd. (quar.),, 2-13 25c 25c 2-16 Mines, Hallnor 3-31 (ouar.) (quar.) 5-26 25c Stores Brothers Hale 2-15 3- 1 Quarterly Deere 6% 2-17 7 2- 2 3- 1 (quar.l 6-8 3- 3 3- 1 2-1 40c 50c $1.50 Baking, common (quar.), preferred (quar.) , — 7% 2nd preferred (quar.)—,,,. Kysor Heater Co. (quar.)—.—,— Lafayette National Bank (Brooklyn) Lake of the Woods Milling, common— (S. H.) & Co.— Kroger Grocery & 35c Corp., common (increased) preferred (quar.) :——i-. (quar.)____ 7 $1.25 $$1.75 (quar.),,$2 preferred Kress 5 5-31 $1.75 Co., common Hajoca 12 %c Inc., 4%% 5 2- 3- 3- 2-15 $1.75 2- $1.12% 5 3-15 15c (quar.) 6-15 6% 9-5 12- 12-15 8c Knutfsen Creamery Co., 60c preferred Kobacker Stores. Inc., 7% preferred 6-5 9-15 4c '—'. — 2-15 25c 2-15 1 Extra 2-15 Debentures pfd. Curtis Publishing Co., $4 prior pfd. 6-1S 25c Debentures Income Income 2- —__—_— 7- : 2-15 40c (annual) Common 5 2-15 __ 3-23 4- — :■ 3- 5 6-15 10c $3 (quar.) 3-15 $1.50 (accum.) 50c 2-9 1*." Kinney (G. R;), $5 preferred Knickerbocker Fund (quar.) 25c B Griesedieck Western Brewery Co.— 5%% preferred (quar.)— 2- 3-20 50c pfd. 3-2 $1.50 65c Keystone Custodian Funds, Series Kildun Mining Corp. (liquidating) $1.50 conv. 1 15c preferred (accum.) K-l (s-a) Keyes Fibre Co., 6To prior 37 %C Insurance Co 4- 37 %c — 2-15 3-15 •' 3-2 30c . 2-15 2-15 2 3- 1 3- 8 2-15 . 2-28 4- 15c 3- 1 3- ■/y, 2-7 4-6 $1.50 87 %c 3- 37 %e (quar.), 2-25 3-15 — 3-27 4- (quar.) 1 2-17 —15c 15c Kendall Co., $6 25c (quar.) 3-15 3- Kellogg 5 4- — 2-23 4-16 (Spencer) & Sons (see Spencer) partic. preferred A iquar.)— Kentucky Utilities, 7% junior pfd. (quar.)— Kerr-Addison Gold Mines, Ltd. (interim),— 5 3- 3- (initial) 2-16 3-10 3- 2- 75c & Knight Co., 43%c (s-a) (s-a) Green 2-15 2-15 v" / 2-28,j 2-20>' 1 .——- Kearney & Trecker Corp Kekaha Sugar Co., Ltd 2-15 25c 7To preferred (quar.). Lakes Dredge & Dock Co. (quar.) — Bay & Western RR. Co.— Great 5 2-15 , (quar.) —— (quar.) Kayser (Julius) & Co 3-15 15c Grand Union Co 1-31 3- 4- 2-13 1 3- 15c 15c ._,— Common 3-17 _ — Common 3-10 $1.75 Corp. preferred (quar.) Manufacturing Co. Gossard (H. W.) Co Grace National Bank (s-a) 3- ______ Common 1-15 3-23 3-15 3- 1 3- 1 2-15 3- 1 2-13 87 %c $5 7.2-15 3- 1 3-17 (quar.) (quar.) 30c Gorham 2-10* 3- 2 1 2-27 4- $1.12% 5To preferred A (s-a) Goodyear Tire .& Rubber 1 3- 1 1 2- 5 3-2 $1.25 $1.25 — — 3- 1 Vegetable Parchment Co.— 30c ——r common 1-20 3-15 3-31 2-15 (s-ai— Common $1.75 1-20 $1.25 12%c $50c com. 2-10 25c Inc., common 2-15 2-15 2-26 2-15 3- 1 1-31 Culver & Port Ciinton RR. Co., Extra 3- 5% 25c — (year-end) 2-15 2-15 $5 Common $2.50 7",' 4- 2 Auto, common 1-20 2- (quar.i, $2.50 2-15 115c V Kalamazoo 2-10 25c 4%% Co., GL,den 1-31 preferred - — Goodall-Sanford ————7—, 2-15. (quar.) 3-10 25c Class B pfd. 11-16 15c (irregular)— & Marine Fire Gibraltar 2-15 conv. 1 3-1 2-21* 10c 50c — — (quar.)_ (quar.), preferred A preferred B 3-31 :3C ___- preferred (quar.)—71.— — preferred (quar.) Corp., $6 pfd. (accum.) Genesee Brewing Co,; Inc., class A 2-15 (quar.) (s-a) 2-20 2- 5% 25C 17c 3- 1 Ltd. Co., Corrugated Paper Box, 7% Crum & > & 12- General Steel Castings 2-20 2-15 3-1 (s-a) Laughlin Steel Corp., com. & 65c $1.50 1-23 3-6 3-1 :_7-_ $1.25 * $1 $30c preferred (quar.) America. Inc. (quar.) Crown pfd. Phoenix Corp., $1 preferred 20c (quar.), common —,—— Crane Co.. 6 7c Extra ' Cosmos: Imperial Mills, Ltd. (quar.),, 9- 25c preferred preferred (quar.) Varnish Co., Paint & 1 8-17 81.25 GiV'hrist Co. > Jones (s-a) Johnson & Johnson 5-17 Class- A"',,—. 2-15 3- 2-14 1 (s-a) General Outdoor Advertising, common 2-28 17, 1 6- 5% preferred (quar.) —_——— Metals 3- 1 , 3- —; (irregular) class A Foods Corp., 2-14 433/4C $4 preferred (quar.)_ Jersey Insurance Co. of New York preferred B (s-a) 6To 25c Corp. of Amer Jantzen Knitting Mills, 3-20 (quar.) Co., Cigar General 25c Continental Commercial Corp.— 77c preferred (quar.) i 4-5 — 2-28 3-10 $75c $1.25 -—- ,,,,, 3-31 $1.50 $1.75 $1 37%c 90c 4-15 4- $1.25 5 25c 25c $1.25 1 2- 1-31 Investment Foundation Ltd.— 6% convertible preferred (quar.) 2 3- . 4- 25c — General Finance Corp., 2-23 2- (s-a) 2-14 5 2-20 1 37%c -—2%c (s-a) Shares 4-15 ; 1 3-10 1-31 3-1 7 6 3-10 3-3 Intertype Corp. (quar.) 75c 6 2- 3-20 2-28 3-14 30c 2- 3-1 $1 3-14 — 2-13 1 3- $2c - 5 To (acctfm.) 2-13 3-31 3- — 4- 2 2-15 3-14 2-13 3-31 Ltd.— 4-2 1 2 3-31 Ltd.— Securities, Group 1 2-13 — Stock & Bond Group Bank 1 2- 2-5* 3- International Business Machines 4- preferred (quar.)— 2-10 $50c (quar.) 3 3-15 3- (quar.) Gamewell Co. General 15c 40c 25c J 25c 50c 31V4C common 3- 3-31 2- 2-20 3- 2 $1.50 conv. 2-15 $1.50 of N. Y., Inc. (quar.) Consolidated Laundries 3-19 60c 7To 11-15 2-15 3-31 3-1 3- 1 (accum.)— : Steer Co._, Institutional 2-15 3-1 50c $1.62% — pfd. Co., 6%% Silica Interim'--——-———--,—^—*— 6 $1.25 preferred (quar.) Drug, 7To preferred (quar.) participating preferred (quar.) Galland Mercantile Laundry Co. (irregular >_ 57c 55c Connecticut River Power, 6% pfd. (quar.) Consolidated Biscuit Co. (increased quar.),, 2- $1.25 Gallaher 5-15 56l,4c (quar.) 2-10 3- 1 fife 3-1 >5 12V2c 30c 18c (quar.). International Harvester, 7% pfd. (quar.)— International Silver Co. (increased quar.)— International Utilities Corp., com. (irreg.)__ —,1—.— Freeport Sulphur (quar.) Fruehauf Trailer Co., common 3-12 75c 60c I 2-24 1-25 $1.50 Irregular 3- 2-17 2-20 tlOc — (quar.) Ingersoll-Rand Co. : 3-1 t3% Inspiration Mining & Development Co., Corp Four Wheel Drive 6 2-9 Graton Connecticut Light & Power, $2.40 pfd. (quar.) $2.20 preferred (quar.) ! : Industrial 3 Inland 5 2- 25c $1.37% $1.25 68%c $ %c $4c $1.25 series (quar.)~ preferred 5% 5% preference (quar.)___ Columbia Pictures, $2.75 conv. 6 2- 2-10 (quar.),, $1.50 $1.25 (quar.) preferred series A 6 2- 25c preferred Four-Twelve West 6th Street Columbia Gas & Electric Corp.— 6% 2- 2-15 2-24 non-cum. 75c Milling & Elevator, $3 pfd. (quar.) Iron 2-24 2-16 3-1 2-10 $15c 2-16 3-10 2-10 1 2-15 37%c Indianapolis Bond & Share (irregular) Indianapolis Public Welfare Loan Assn.— 15c 1 3- 40c $1.50 (s-a)__— convertible preferred 6% 2-15 3- 62%c Indiana Steel Products, common 2 8 2- 2-14 3-1 25c ; preferred 3-10 75c prior preferred (quar.)_ 5 7c 7 6-7 , 2- $1.75 Foundation Investment Co., common 2-20 25c Colorado & Enamel G7r 2-20 7-14 10-15 2-27 2-15 25c $1.06y4 31V4C 62%c (quar.) 1-15 2-15 6% $1.50 $1.50 Electric, . 1 3-11 1 2-14 3- l, 3-10 37%c (quar.)————,— 25c 4%% pfd. (quar.) Fishman (M. H.) Co., 5c to $1 Stores (quar.) Florida Power, 7To preferred (quar.) 7 7To preferred A (quar.) i— : Foote-Burt Co., 5% preferred (quar.) Forbes & Wallace, $3 class A (quar.) Fort Pitt Bridge Works Foster-Wheeler Corp., 6% prior pfd. (quar.) Cleveland & Pittsburgh RR. Co.— Special 1-15 $25c Firestone Tire & Rubber Co., 1-26 3-10 4- 2 2-15 $1.25 25c (quar.) Faultless Rubber Co. 50c 3-1 87%c; 3- 1 7-;. City Ice •& Fuel Co.— City of New Castle Water Co., 6% pfd. (quar.) City Water Co. of Chattanooga, 5% pfd. (quar.) $25c 3-11 (quar.),—,1; Brewing Corp., Federal 2- 2- Extra — Federal-Mogul Corp. Ferro $1.25 $1.25 $1.25 $1.25 $15c 5% preferred (quar.) 5% Extra 2-15 9- 1 Co & Co. 2.-15 2-15 25c 50c 20c 3- (quar.) Co. common (Syracuse. N. Y.) 3-12 3- 6-30 Farmers & Traders Life Insurance 3-12 3-5 3- 1 4-14 3-31 1 (stock dividend) Morse Common 1 1-26 . • Falstaff 2-15 3-1 6- 1 9- 1 12- 1 3-1 , $5c; 7.7:3-; 1 $1 3-1 30c 3-31 $1.50 3- 1 j —y,_ "Chile Copper Co.,,, ,7 Fairbanks 1 2-15 20c 75c 25c 25c 25c (quar.)— Chickasha Cotton Oil v 2-28 3-1 25c $1.50 7Chicago Yellow Cab Co., Inc. (quar.) • 12-30 2-15 25c Co. Champion Paper & Fibre, common (quar.) 67o preferred (quar.) Chesapeake Corp. of Virginia (quar.) 7.: 1 1-29 2- 9 , 3-1 15c $1.50 $1.75 , $10.50 (accum.),, 5- $50c (quar.) -J— Erie Rallroad Co., 5% preferred (quar.) 57c preferred (quar,),,,,, 5To preferred (quar.)— —_, 7 57o preferred (quar.)-,,-,—^7-.—,—^— Ex-Cello-O Corporation (quar.) — 2-15 $1.50 . (accum.) Inc., Common r 3- '8- '■I 5 %' preferred 1-31. $9 preferred Chain 77 2-15 H-4 K 25c preferred (quar.)—. preferred (quar.), Eversharp, 2-15 West Utilities Co,— & South Central , 2-5 25c Equity Corporation, $3 preferred 2- 8 3- 1 Canadian Oil Cos., (resumed),, Ltd. Co., 2-15 CO Fibre Corp., 6% . 37%C Natural Gas, common Paso $6 3-1 4-1 4-1 2-28 $50c — Locomotive 3-10 6 $20c $5.50 3-1 3- 2 $30c Empire District Electric, 5% preferred (quar.) Engineers Public Service, $5 pfd. (quar.);— 3-20 3-15 4- $87%c (quar.) Mills, class A Hosiery Manufacturing Eaton El 4- 1 4- 2 4- 2 3- 1 2-15 3-12 4- —■— Elgin National Watch 3-20 $$1 , 1 $$1.25 preferred (quar.) 77c preferred (quar.)^— 2-23 (quar.)—.—, 7$62%c Canadian Foreign Investment Corp. (quar.), $50c 5- 25c 67c 3-rlO Imperial Tobacco Co. of Canada, Ltd>~ Common (interim) —_ 8-10 Manufacturing "(irregular),,— Eagle-Picher Lead Co. (quar.) East St. Louis & Interurban Water Co.— .3-10 Illinois Zinc Co. 2-9 1 Dwight 2-25 1-31 2- 1 Class B 1-31 2-20 1 9- 62%c Bradstreet & Dun 1 2-23 33- 75c : — pfd. (quar.)-. Hunt Bros. Packing Co. of Delaware— 6% preferred (quar.) Huntington Water Corp., 6% pfd. (quar.)— 7 Vc preferred (quar.) _——— Huston (Tom) Peanut Co. (quar.) Hydraulic Press Mfg. Co., 6% pfd. (quar.)— Idaho Power Co.,- common (quar.)—. Illinois Municipal Water Co., 6% pfd. (quar.) Illinois Power Co., 5% preferred (quar.)—, 5% preferred (accum.). — 75c Co. Durham 2-25 4- 2 Canadian Food Extra Drackett 1-31 2-15 3- 1 3- 1 9 ■ 10c 37 %c $1.50 —— Refining Co & Hummel-Ross $20c B Class 1-31 4^2 Humble Oil 5 7 (accum.) Paper Co. Ltd., class A Donnacona 2-15* Canadian Celanese Ltd.— Canadian 1 1-31 3-20 4-25 4-16 2 $85c (quar.) Funding rights (year-end) Products, Ltd. 6 1-31 Co., preferred Canada ' 2- 3- 3-15 3-15 4- 2 4- 2 50c 5 2- : preferred 57c 6 * -— 2- 2-20 37 %c —. Dominion-Scottish Investments— 2- 2-15 2-20 $1 12%c (quar.) Common 2 2-16 Life Insurance— States Semi-annually K'v-/ 2-13 2-15 37%c r California-Western 2-13 2-15 pfd. A (quar.) Water Service, 6% California 62%c —,— (quar.), California 5% 25c 10c 37%c (quar.)— .California 2-16 3- 1 3-15 2-15 3- 1 2-15 :—— Butler Water Co., 7% 2-15 3- 5 3- 41 30c 15c 65c $1.75 Motor $1.75 Manufacturing Corp. (quar.) Dominion & Anglo Investment Corp., Ltd.— 57c preferred (quar.) — Dominion Envelopes & Cartons (Western)— 77c preference (quar.)— —, Dominion Bridge Co., Ltd. (quar.) Dominion Malting, common (quar.),— 2-17 2- Bay Hudson Dodge 2-23 3- 1 2-26 Hudson 5 25c (quar.),, Cup. common Class A (quar.)— Dixie 2-1 3- 1 3-15 trating Co. (quar.ii-^iL-.Ti*..— —, Burlington Mills Corp., common (increased» 9 2- 9 2- 1 7- . 3-12 $50c Ltd.— Mining & Smelting Co., Car Co. (quar.)— 6- 2-20 ■ 2-13 : $3 $1.50 of Rec. 5 2- (quar.)—-—$2 Barbizon Hotel 2-10 1 3- 30c Payable Share Name of Company Holders When ;P«r i:: ::v:, of Rec. Payable Share Name of Company 1, Mfg. Co., $20 pfd. (quar.), Di Giorgio Fruit Corp., $3 partic. pfd. (s-a) _ 7 Participating i 77c preferred (quar.)—,,,—,——; Common (resumed) Diamond Match Co., common (quar.),, 67r, participating prelerred (s-a) 67c participating preferred (s-a) 1-24 Ry. Co., Ltd.— British Columbia Elec. ' ' ' Detroit Gasket & 9 7' 3- 3- 6 15% (final),—— Celanese British : ■ / 2-15 2-26 7 Boston Woven Hose & Rubber Co. Bower Roller - Hoiaer* When rer When - Monday, February 12, 1945 COMMERCIAL & FINANCIAL CHRONICLE THE Midwest Rubber Reclaiming Co., $4 pfd. (quar.), $1.62% 30c 40c $1 - 1 5 Volume Number -4359 161' Name of Company Payable Share Miller & 25c $1.25 $1.27% 5%% preferred' (quar.)..-—.-.-ii,——$1.37% '6% preferred- (quar.) . $1.50 Minneapolis-Mollne Power Implement— 1 $6.50 conv. preferred (accum.) $1.62% Mitchell (J. S.) & Co., Ltd $$2.50 ___ 3-1 , Monarch Life Mass.) $1 (irreg.)— (Springfield, Railway Insurance Co. $1-25 87'/2c 50c $2.25 $2.25 $2 <34%c Chemical Co., common———— $4.50 preferred A (s-a)___ $4.50 preferred B (s-a) $4 preferred C - — -— (s-a) Monroe Loan Society. 5%% pfd. (quar.)— Cottons, Ltd., common (quar.)-—preferred (quar.) Montreal 7% Montreal Loan t$l $$1.75 $31 Vic & Mortgage Co. (quar.) Moody's Investors Service, Inc., $3 pfd. 1 quar.) Drill Twist Morse Motor Finance & Machine Corp. Co. (quar.) $7 6% (quar.) $7 preferred (quar.) $1.75 $1.75 $7 preferred i (quar.) Muncle Water Works Co.,. 8% pfd. Murphy (G. C.) Co. (quar.)__ Nashawena National Acme preferred (quar.) — preferred (quar.) preferred (quar.)___ — National Biscuit Co., common.^. — 7% preferred (quar.)—: National Container Corp. (Del.) (increased) •National Cylinder Gas Co., common (quar.)_ 414% preferred (quar.) Nat'l Dairv Products Corp. (increased quar.) National Electric Welding Machine Co.— Quarterly Quarterly convertible 2-10 5-12 8-11 11-10 Power Corp. of Canada, Ltd.-— 6% 1st preferred (quar.) Inc. 25c Zinc Electric $3.50 3- . News preferred World New York Life & — 2-1 $$1.50 4^16 3-20 $5 preferred 3-20 2-19 3- 2- Stonega Coke & Coal Co. preferred 6% preferred 2-15 1-25* Storkline 2- 8 50c 3- 1 3- 1 3- 25c — - Co. (irreg.) & Purdy 6% 2-15 1-15 5% preferred Quaker Oats Co., 6% preferred 3-15 2-15 3-31 2-28 3-31 2-28 2-15 1-19 3-15 3- 3 1-30 4- 1 3- $1.50 4- 1 3- 9 9 $1.50 2-28 2- 3-15 2-26 1 250 2-26 3-15 3- 3-12 2-26 2 2-2 $1.60 non-cum. 1st preferred (quar.) Ltd., common. preferred (quarj $25c 3-2 3- 1 3-10 $1.60 non-cum. preferred (quar.) $40c 6- 1 5- $1.60 non-cum. preferred (quar.) S40c 9- 1 8-1 3- 1 2-16 2-20 2-13 $1.60 non-cum. preferred (quar.) $40c 12- 1 3- 1 2-14 $1.75 4- 5- 1 4-16 Three for for Reading Gas 2-13 3-14 Stock 3- 2-9 1 6% Revere Reynolds Spring Co Reynolds (R. J.) Tobacco, com. 16c — Series——_— , 2- 2-26 7% 1st 5c preferred 2-26 2- 5 7% 2nd preferred 2-26 2- 5 7% 5c 2-26 2- 5 7% Machinery Industry Series 2-26 2- 5 7% 2-26 2- 5 7% 2nd 2-26 2- 5 10c Merchandising Series 2-26 2- 5 5 10c Railroad Series Railroad Equipment - 2- 2-26 $ 2- 5 3c — Utility Industry Series—-— 2-26 6c —• Industry Series 2-26 2- 6c Industry Series Investments (initial)— 2- 5 2-26 2-5 12c :: Fund 6% 2-26 2- . Class A Rustless & iquar.) Lowell 1 6-15 7- 1 1 9-15 3- 1 2-15 3- 1 2-15 =; , 2-15 6-15 2- preferred Shops 2-14 4% non-cum. 3-10 4% 3- 1 2-15 4- 2 3-15 3- 1 2-15 2-10 3-15 1 ^ 2-15 2-15 53c .3-15 ; 2-15 3-15 $1.25 4-2 3-16 $1.25 7- 6-16 $2.50 4-10 3-23 62 % c 2-28 2- 6 50c 3-15 50c 6-15 5-10 50c 9-15 8-iO class A__ U. S. Pipe & Foundry 2 2-10 (quar.) S. (quar.)_l 2-28* 6-20 5-31* 9r20 8-31* 40C _■ f Playing Card 3-20 40c •___ ; Quarterly U. 40c 2-10 40c Quarterly Quarterly 2-28 3- 2 58 %C non-cum. class A 2-26 1 4- 58 %c S. Casualty Co.— A% »on-cum. class A 1 25c 33- U. 5 62 %c 2-23 1-31 50c (extra) 15C (quar.) 6 2-23 50c _________ 50c (irregular) 3- 2-28 .2-24 • 53c ; United New Jersey RR. & Terminal Co. (quar.) United Shoe Machinery Corp. 3-20 3- 6 35c (monthly)— (monthly) 5% preferred (quar.) 3- $1.75 *.i. preferred (monthly) United Merchants & Manufacturers— 5% preferred (quar.)__ 9-15 1 Tl5c (quar.) : preferred 7- l-?5 3-10 50c (monthly) prior' preferred 2-15 25c (quar.) 50c com. $38c common prior $$1.50 Corp. — Cos 7% $1.50 — (accum.) (quar.) Coal 25c Steel convertible $2.50 Saco 5 common (quar.) Iron 2-15 2-2 7% $1.25 pfd. (quar.) ^ Inc. (quar.) (Helena), common___ 2-5 2-26 Bros., Rubinstein 2- 5 2-26 10c — 2-26 5c Industry Series- Paper Co., Ltd., preferred (quar.) Roos 5 8c — Industry Series—— Rolland 1 3-l"5 10- 1-31 3- 3-15 10- 2-15. $1.25 2-14 1 $1.75 3-12 $1.25 4- $1.75 3-19 $1.75 4-1 $1.75 Rochester Gas & Elec. Corp., 5% 6% preferred (quar.)_____ 2- 5 9c — 2-26 A prior 1 15c 1-31 6% prior preferred (monthly) 6.36% prior preferred (monthly) 6.36% 1 2- 2-10 Gas Improvement (initial) United Light & Railways Co. (Del.)— 6% prior preferred . 2- 1 United 1-25 6 2-12 3- Corporation, $3 preferred Corporations, Ltd.— preferred 2-26 2-15 $1.75 I' 3- 2 2- 12-20 11-30* 4- 50c 1 3-16 4-1 3-16 ■ Niagara Lower Arch Bridge Co., Ltd. (quar.) Niagara Share Corp.— 6% preferred A (quar.) |50c $1.50 —— Nonquitt Mills — .. Western North American Car Corp., 1st preferred A $6 $6 1st preferred B North RR. Carolina Northern ■ Extra 3-10 3- preferred (s-a) $3.50 (quar.)*, (N. Y.) $1,50 common __ 5 Semler 3- 1 2-19 Servel, 3- 1 2-19 Shattuck 3- 1 2-15 87%c 4- 2 3-15 15c 3-10 2-9 Sherwin-Williams 5c common 12%c 6% preferred Pacific Gas 5 % % 5% & & Glass Co. —___ pfd. \ (quar.)____ Pacific Lighting Corp., Packard Motor Car $5.50 7% preferred (irreg.) preferred (quar.) 2-15 4- 2 1-31 1-31 Vulcan Detinning Co., common 25c 3-20 3-12 $75c 3-15 com. — AAA (quar.) ___, (accum.) (quar.) ■ One share -each Sinclair Sivyer 2-20 Skilsaw, 2-26 2- Solar '.1-30 I 1-31 of five Oil Inc. Co.. 1-31 Sonotone Corp. 1-31 Soundview 75c 2-15 1-20 Bend Carolina 3-15 3- 4- 3-17 South Southern 2 25c 3- 1 2-20 3- 1 2-20 $$1 3-15 $$1.75 3-15 $1.50 preferred South 3- 1 % 2-28 2-28 .. 2-15 Canada preferred pte. Southwestern Southeastern Public 1 3-12 ~ 3-15 2-28 $4% Co., $6 prefet-red preferred preferred 2- 1 5% 3- 5 Common 3- 3 2-15 2-26 2-15 Wavne 2-28 2-14 Welch 91 %c 2-26 $20c 5-15 4-20 $$1.50 /n (4-16 — (quar.)— cpi;eyhound Lines, Inc. umviai) 3-20 Wentworth Mfg. $1 2-15 Wesson 1 2-ia 2-17 5- 1 4-16 8- 1 3- Vn 4-20 e) ' 7-16 ' 2-15 3-20 $1 J 3-10 • •4-10 3-10 ; 2- 3-15 2-10 9 25c' 3-15 2->6 50c - 3- 2-15 $1.12% . 1 Co. 5-15 1 2-.15 6- 1 5-15 2-28 2rl5 22 %C 2-28 2-15 50c (initial ; pfd. Jquar.) Co., Inc.— (quar.) - 4- 1 3-19 25c common Snowdrift 1 3- $9 (quar.) preferred 1-15 6- $1.25 — - conv. 2-11 $2.50 $1.25 (quar.) preferred & 2-24 3-1 15c units Grape Juice, Oil V $20c ; Pump conv. 2-15 $1.75 Extra $4 1 $1.50 quar.) Wellman Engineering Co.— 3-^1 2-16 3- ;•>; 37 %C (quar/L 3-31 Co., Ltd.—<■. (nuar.^)_ Service Co. 2 < (quar.) 2-15 Participating 4-20 3-10 3- 37 %c ; — Washington"Hy. & Elec,,* 5% preferred (s-a) 4V4% 4-30 Gas Light,Co.— 50c pfd 2-27 10c $1 __ $1.50 (quar.) ftf'" 3- i; 2 ?-24 2-12 $1.75 (quar.) preferred •Huarp)-V_^ (S D) ?Co.„Ll— Washington 3- 3-15 50c Warren 9 1 3-14 $2 Good^rljam & Worts, Ltd.— 5c Power Common $1 1-15 2- 30c Works— Co. 3- 75c Mines-y 13%C (initial) (quar.)— (qugh) 5% common Power Iron (Hiram) 2-23 15c (quar.) Lathe & Amulet 2-15 Corp.— (quar.) Pulp Co., 12-29 Co. preferred (quar.) 25c 25C ——_• preferred conv. 7% 25c ; . (quar.) 2-15 6% ; Co._, Coal Common 2-15 Works 6%, preferred (quar.)—. Walker held™-— common (increaseu- Castings Aircraft A of Iron Vanadium-Alloys Steel Co._ Van Raalte Co., 7% 1st pfd. (quar.).. Waite (stock dividehdf— conv. preferred for Co. 5V2% Solar Manufacturing Series preferred—l.lil-S'ICli- shares 2-15 1* • Corp. Steel 2-15 6 Company Dorn 5-?6 2-iS 1 15c y> Vogt Manufacturing Corp.— 4- 2 preferred 2-15 $1.37% common preferred 3- 1 $20c $20c 5% 2-20 2-15 15c (quar.) Manufacturing Co., Ltd., Peabody Coal Co., 6% $1.25 : __.— Silverwood Dairies, Ltd., common (accum.)__ 40c participating preference (s 1 37%c $1 Parkersburg Rig & Reel Co., Paton (quar.) common Co. Virginian Railway Co.— 6% preferred (quar.) 3-20 3-20 ' Co. Products, common 1-31 34%c Co Lumber 25c 50c Radio 1-18 Van 3- 3-12 40c 2-15 1 6-11 . 2-26 (quar.) common 1 1 2-20 Inc 75c 31Vic (quar.) (quar.) Pacific \ Utah Co., $23c (quar.)_: Co., Simplicity Pattern 1-31 Products Virginia 1-31 ¥ 2 ' 4* 2 7- 2 3-12 62 %C pfd._ Winding Utah-Idaho Sugar 2-23 2-6 3- Universal 3-10 2 4-16 7-16 25C Universal 3-10 4- 4- $1.25 400 $2.50 3-15 3-1 '2-15 1 Inc. 5c - 2 40c 3- Co. 2-15 $1.50 " 10c (quar.) 9 2T $1.25 3-21 G.) Simpsons, Ltd., 6%% v? Laboratories, 2- 1 2- 2-20 6,4% preferred A (quar.) Universal Insurance Co. (quar.) 2-13 1 (quar.)__ 10c (F. 1-26 20c 3- 3-10 2- 3-10 (quar.) 2- 7 3-23 $0.59375 preferred A 3- 1 v 6.4% 2 $1 25c 2 $1.12% U. S. Sugar. $5 preferred $5 preferred (quar.) 4- $1.75 ______ 3- $1.50 (initial) $10c (quar.) 62 %c Corp., common preferred (quar;) 7% 3- 4- 50c (quar.) Electric, 6% 161-31 (quar.)— 3-12 $25c — preferred preferred 1-31 2-15 1 2- 1 preferred Steel 15c t$l'.75 * common........ (quar.) Mfg. Co. Marine Owens-Illinois 2- 9 2-15 ' 3• conv. S. — Simmons (quar.) ; __ 3-10 37%c 3-15 $1 Universal Manufacturing Corp Shawinigan Water & Power B.), Inc. (quar.) Inc. (quar.)—^ 6% U. 4-20* 2-15 37 %c (R. 4-20* 1 30c Sheller 6% . 2-26* 1 ■ U. S. Printing & Lithograph Co.— 6 5- 25c 75c common 2- 20c _^___: preferred A -(quar.)_i__ Okonite Co., 6% preferred (quar.)__ Outboard Acceptance Corp., preferred (quar.) 2-14 $1.50 _ -434% Co. Securities 2-14 :___ Power, 4,/2'% preferred (quar.) OklahomaNaturalGas.com. (quar.) Elevator preferred 2-21 2- Investment (quar.) $1.75 Ohio Otis participating Sears, Roebuck & Co. 2-21 : (quar.) Ogilvie Flour Mills, Ltd., 1% preferred (quar.) 4% (quar.) (irregular) 2-3 5- • Extra 3 3-12 $1 Delaware International 3-12 _ —• — of 50c ___. B Trust, 7-21 2-23 Co. Canadian 2- 2-15 45c $1.12% 60c , : Gas O'Connor, Moffatt & Co., $1.50 cl. AA (quar.) Class 1 Oil Surety Co.. Second 1 2-15 10c (quar.) Seaboard 1 3-10 25c preferred Seaboard 3-22 8- $4.50 3-22 2 Pharmacal Extra ' 2- 5 2-14 4- Norwalk Tire & Rubber Co., 1% preferred (quar.)— . 2-15 3-10 4- 2 (irregular) Northwestern Public Service, 7% pfd. (quar.) 6% preferred (quar.) ____ Norwich 2- 5 2-15 3- 2-15 ' 50c Scott Paper Co., common (quar,)___. $4 preferred (quar.)___ 1 3-10 25c Scotten $4 (quar.)_ (quar.) (quar. 1-30 30c _ Liberties $2 participating preferred Dillon com. 2-15 $1.50 7% Coip., 2 $2 (quar.)— common Co. Board 3- $1.50 Co., Wall $1.50 12%C 3-15 (quar.)—_ Insurance Co. — Northern Schumacher 3-1 (quar.)————— North River Insurance ii 3-15 $2.50 — Ry., com. 2-28 preferred (quaf.)_ $$1 (quar.) Norfolk & Washington Steamboat Co. (quar.) Extra Joseph Water Co., 6% Savage Arms Corp 75c — Noranda Mines, Ltd. Norfolk & 3-10 St. 1 2-20 $1.12% $1.75 (quar.) 3-15 2- . $1.12 % Electric : 3-10 (quar.) Engineering & Foundry, 1-25 3-1 Missouri, $5 pfd. (quar.) $4.50 preferred 7% 2- 1 2-15 Corp,™_™__________ $1.75 preferred (quar.) 2nd preferred (quar,) 1st preferred (quar.) preferred Union Bag & Paper Union Elec. Co. of 2-20 • . 7c 2-20 75c United 2-15 9 1-22 $1.50 United 2-15 3- 2-22 $1.37 % 4-16 3-15 1 (quar.) 4-16 35c 7 4- 20c 1 250 _*____ (quar.) 10c ___— 35c (quav. inter.) 2- 20c 1 3-15 1-31 2-1 $1.50 United 2 2-14 1 (quar.) United 3-31 2-15 3- Coal class 2-10 > 1 20c (increased) common 9 3- 3- Co. (N. Y.) (stock share for each share held Tyer Rubber 6% pfd. 5 1 3-15 $lc 9 2- 3- 1 $1.12 % 9 2-15 2-19 2-15 (quar.) 3- 25c (quar.)-- Ltd. 3- 5- 2 -2-15 (quar.)_ 2 5- 2- 3- 50c 2 3- 8-15 90c 5%% Trunz, Inc. 1 5-15 11-15^" *v 2-15 $1.75 (quar.) 4- 2„ 62c 1st 5 pfd. (quar.) Co., common preferred (quar.) 3-22 2-15 , Trust a preferred Truax-Traer 1 50c 7% 4- 68 %c __T^ 8c Series,- — (quar. interim.) 1st 12- $1.75 (quar.): Co._ Company, $1.50 Manufacturing Co.^qu'ar.)— Rice-Stix Dry Goods Co.-—..' 2- 5 11- 1 & 1 1 7 10c (quar.) Mines, 1/14 of 6- 2- Corp.— Oil, common preferred (quar.) Bank 3-1 1 2 40c ■ Works Sulphur R.) 2- 50c ; Flour Mills Co.. (J. 2-15 4- 50c 4- 2 v 15c Rheem 7c Insurance Stock Series— Diversified 2-26 Class B 5 11c ____ ____ Tobacco 2- 5 2- 5 2- 5 1 3- 3-1 50C 4%% pfd. (quar.)™. United Aircraft Products,.Inc.—, 5%% conv. preferred (quar.) 1 15c Co., 5%% pid. (quar,)_ Copper & Brass, Inc., 7% pfd. 2-9 2-26 2- 30c $1.12% (quar.).: 2- 5 Supply Industry Series— Equipment Industry Series Chemical Industry Series—. Electrical Equipment Industry Series—— Series preferred class B 2-26 2-26 2-15 1 5% 3-1 6c 8 3- 1, 4- 2-15 3-1 50C United Air Lines, dividend 7c 13c i 5 1 (quar.) Corp. conv. div.) (111.)— $1.27% L 3- I t40c 2- 3- 50c Mills, Republic Petroleum Industry Series—: Industry 2-15 preferred (quar.) Republic Investors Fund—6% preferred class A (quar.) Corp.— Industry Series Industry Series Stock held) 2-15 3- 50c Water Gold Trade 2-19 1 $3c dep. rets, Tide Water Associated $4.50 2-28 40c Co., Manufacturing, $3.60 pfd. Thompson $6 $4.50 2-23 $1.25 Dist. & 4% Thatcher Trane preferred (quar.)_^_i._______«i__^___ Remington-Rand, Inc., common (interim)- 2-8 $1.75 —i- & Co., Knitting 4- Gulf Toburn 5C 2-16 37 %C __:.'™ Co preferred Tex-O-Kan additional shares (two share common 50c 7% Queens Electric Light & Power Electric each Regent split one 37 %C (quar.) (stock dividend) Manufacturing 2-24 ' 2-16 ! 3- !_ Haute 7% 2-17 2-28 10c ^ Electric Texas 3-16 1 2-28 2- 1 2-5 Raybestos-Manhattan, Inc. Rayonier, Inc., $2 preferred Raytheon Terre 1-25 37 %c .... 3-24 1 3-15 ' pfd^'Cquar.) (quar.) Telautograph 2-23 $3c — 2nd (quar,) Common $1.25 (quar.) 2 3- 2-10 (reduced 4% Common 25c Quaker State Oil Refining Quebec Power Co. (quar.) 1-30 4- 3-1 Mines, Ltd. (quar.) Syracuse Transit Corp., common :■■■: Common 2-15 30c (quar.)_ 2-15 $1.50 Gold 2-15 $1.75 Ltd. (interim) preferred (quar.) (quar.) 1 Rapid Electrotype Co. Sylvanite 3-15 50c Co., 2-15 30c $1.25 Light Co 2-1 1 25c Corp. International Tampa 5 2-15 3- 2-28 Special , 3-15 3-15 2-15 3-1 3- 1 Swift & Co. 5 12 Vac 12 %c (quar.) Oil preferred 50c 1-26 3-1 Co. $1.75 Mines, Mica Oil 2-15 50c (quar.). Power 3-15 6 50c 6% 2-15 2- 50c Co,*.—— Oil Swan-Finch 2-15 1-31 $1.25 - Sun ;.2yl5 1 3- Corp. "7 Superior Tool & Die Co. $2 preferred Pure 2-19 1-31 2*;15 $1.25 Pullman, Inc. 2-15 2-15 2-15 ■ 1 Furniture Strawbridge & Clothier, 6% pfd. A (quar.)_ ,:h Swift (quar.)_. 3- $1 (quar.)__ Extra & 3- 1 $1.25 (monthly (monthly)__ 3-14 2-28 1 25c (quar.) 3- 1 of New Jersey— preferred 2-15* tquar.)_ 1 58 V3c ; 2- 3- 25c 4-16 3-1 41 %C (quar.)_ 2-15 75c +5c . 2-15 3-15 31 Vic (quar.) Sterling Drug, Inc. (quar.)_, Stein (A.) St Co. (quar.) Stokely-Van Camp, 5% prior pfd. 50c (quar.)_, (quar.) 6% preferred 3-15 60c Standard Wholesale Phosphate <Ss Acid Works 25c Reliance Manufacturing Co. Business Steel 2-15 Indiana, Inc.— Service Corp. Puget Sound Drydock— Building Metals 10c (irregular; 1-31 2-17 2-15 50c Stoker (quar.) 1 1 3-15 10c (Indiana) (Ohio) Corp._ 33- 50c Standard .. 1 50c 2-15 (quar.) preferred A 2-15 1 40c 1 ' 5% Public 3- $50c 3- 40c — preferred iquar.)_ Stocks, Inc.— Public of 3- (quar.) Co. 7-31 3-16 $1.25 Insurance Brake State Aviation Oil Common 2-21 2-15 3-15 (quar.) Co. $2 2- 5 25c pfd. Silica t75c ^ 4-16 3- 3-15 (interim) Oil 5% 1 2-15 40c Oil Works, .4-16. $1.12% Standard Dredging Corp., $1.60 Standard Oil Co. of California Stanley 1 2-28 1 30c conv. Co. 2-17 3- 5 (increased) com. Standard 50c (quar.)— Inc., Standard Public Service Elec. & Gas, $5 pfd. (quar.) 7% preferred (quar.) York Food Public Service Co. . 5- 40c 36 Vic (quar.)__ Standard • _ 5- $1.06% (quar.) Insurance pfd. (quar.i Standard Chemical Co., Ltd. «. (monthly) 3-12 (quar.) $1.50 Co. 3-15 $1.25 2-15 8-15 pfd. A (quar.)— & $1.60 ?K 3-10 (quar.) 2-15 Ltd. (interim) preferred 430 50c preferred (quar.) Standard Cap & Seal Corp.— 1 2-15 50c $1 (quar.)__— Air Automobile ; 1 A v $1.12% common_™™___ 2-15 preferred (monthly) preferred (monthly)__ 7% 3- 5 $4.50 25c $2 —— Agricultural Industry Series V 6% 5% 1-31 2* 5 3-15 $1.50 1 America Gamble 8-15 2-15 1 <quar.)__ of 5-15 10c 3- partic. preferred (quar.)____ Co. 6-15 9-15 2-20 3- ' Food 2-15 $1.25 20c (quar.) non-cum. 2-15 3-15 10c preferred Series B 2 3-26 (quar.)__— Co. (quar.) Shipbuilding $4.25 Brands, 25c $1.25 _ —._ common (quar.) preferred (quar.)— Bank preferred 1-19 3-15 $1.25 • $1.37% pfd. (quar.) 2-15 75c $1.25 (quar.) Series Standard $1.25 Co., ; class A preference (quar.) 2- preferred 7 1 $1.50 (irregular) Elec. Power Co.. 5%% 8% 2-14 2-26 . 3- 1 2-15 25c 25c Common Alcohol 4- 2-20 (quar.) Sons, Water 3- Co., 7% 3-15 $2.50 4- 2 3- 1 $1.25 preferred 8% (J. J.) Co., 5% 5.10% 4-16 $1 & Accident 37V2c & 6% 2-1 ——— Co.__ Storage Warehouse New Jersey New 2- R.) Standard 2-16 Pratt 2-1 —— Amsterdam Casualty York 1 (E. Stamford - 3-15 2-16 2-13 (s-a) (quar.) Eedford New 3- 7 1 pfd. (sa-) pfd. conv. Potter- Co.- 11- 8 3-9 2- 9 2-15 2- 9* 2- 9 2-15 —;— New $5 2-15 1 3-12-8. 6-1 5-10 3- 1 3-15 —- New New 1 3- 2-7 25c $1.75 — Neptune Meter Co., New York 2-2 3- 50c Neisner Brothers, $5 2- 3- 2 25c > 2-20 ••50c 4- & 5c Corp. Naumkeag Steam Cotton (irreg.) si $5 2-20 Proctor —10c class A pfd. (quar.) (s-a)— preferred (s-a)—. Newport 2-10 10c Metals 15c Insurance National Terminals Newport 1 J 50c (s-a) 3-15 (quar.) ' 2-16 2-14 National Linen Service Corp., common—..— Newberry 3- 75c Pressed 3- 1 3- 1 „———_—— 5% Squibb $1.37% 6% 4-21 7-21 _ National Oats Co. (irreg.) National Paper & Type, common 5% preferred (s-a) 1 Pitney-Bowes Postage Meter (quar.) Pittsburgh Bessemer & Lake Erie, com. (s-a)_ Pittsburgh Steel, 5%%*prior pfd. (accum.)_ 2-10 5- 1 8- 1 Extra;-:-------—y___—. $7 2-10 2-15 3- 2 $1.12% Gypsum Co.. $4.50 pfd. (quar.) National Tea Co. (quar.)_ preferred (s-a) preferred (s-a) 1 3-15 ; National $5 2-20 2- 3- 1 Class B pfd. 2-15 2 3- 1 2c 2c _ Lead, 7% 1 non-cum. 20c 3- 3-1 2-16 2-15 2-15 9- 1 12- 1 4-14 2-28 3-10 3-8 3- 1 3-10 ^ — National Liberty Extra 3- 1-20 37 %C $20o non-cum. 25c of Rec. Co., Ltd.— _______ 3 Boldet*i 2-15 common pfd. pfd. $1.50 1 1 1 1 15c 15c 3.0c $1.75 20c 20c $1.06 35c _ National $1.75 - Payable 37 %c Sovereign Investors, Inc Sparks-Withington Co., common 6% conv. preferred (quar.) Spencer Kellogg & Sons, Inc Spiegel, Inc., $4.50 preferred (quar.)__ Public Service Co. of Colorado— convertible 6% 2- 4- 3- 1 3- 1 15c )5c 6% "convertible 6% 2-15 25c Proprietary Mines, National Automotive Fibres. Inc.— 6% convertible- preferred (quar.)__ 3-21 $2.50 2-15 2-21 4-14 75c 3-15 50c (quar.) 3-15 When Share (quar.) Railway non-cum. 5% 3-15 2 ;' (quar.) com. (quar.) Power 5% 2-10 2 4- 65c 50c Co. 1 4- (quar.)_ $1.50 Mills 3- $1 (quar.) Piper Aircraft Corp., 60c $2 Muskegon Motor Specialities, $2 cl. A (quar.) Muskogee Co., 6% preferred (qUar.) Common Edison, B Canada Southern 1 $1 Pilot Full Fashion Mills, Inc., 6%% Potomac preferred Southern 2-10 2- $1.75 Phillips Petroleum Co. (quar.) Photo Engravers & Electrotypers, Ltd. Pillsbury Mills, common (quar.) $4 preferred (quar.) 75c 50c (quar.)— — 2-26 3- 1 6% 5% Phillips Packing Poor I 1-15 $1.25 2-15 2-28 2-1 1-25 2-14 36912- $1.75 $1.75 2-15 5 50c (quar.) com. 2-28 lc ii preferred 2- $1.10 Perkins Machine & Gear, 7% pfd. ('quar.)__ Philadelphia Insulated Wire Co Philadelphia Suburban Water, common 2-10 5-10 5-10 5-10 2-24 2-15 2-15 Name of Company Southern California 1-26 *75c . & Power, 3- 3 75c (quar.) $7 preferred (quar.) Per " 2-15 25c Peoples Gas Light & Coke Co Pepperell Manufacturing Co 3-1 3-5 3-15 2-15 2-15 of Rec. preferred (quar.) $5 Mount $7 preferred preferred Pennsylvania Water 70S Bolder* 10c Pennsylvania Coal & Coke Corp Pennsylvania Electric, 4.40% pfd. (quar.)__ Pennsylvania State Water Corp.— t-<"--.I, 2- 2 2-8 2-15 3-15 (irreg.)$1.50 25c Diablo Oil, Mining & Development— Quarterly Muilins Manufacturing— 2-19 2-19 3- 1 3-15 Monroe Chemical Co., $3.50 preferred (quar.) Monsanto ~When Payable Grinding Wheel Co. (irreg.) Peninsular Telephone, $1.40 class A (quar.) Penmans, Ltd., common (quar.) 2-19 . 3-15 4-1 3- 1 6- 1 6- 1 6-1 (s-a) per Share "Name of Company Peninsular , 2-19 2-15 3- 1 3- 1 — Louis ;, 3- 1' . St. 3- 2 3-12 3- 1, 3-1 Hart, Inc., $1 prior preferred Minneapolis Gas Light, 5% pfd. (quar.) $5.10 preferred (quar.) & Bolder*t. o1 Rec. When per Minneapolis THE COMMERCIAL & FINANCIAL CHRONICLE ■ 3-15 2-23 $1.06.V/4 2-28 2-15 10c 5c 25c 3- 1 3- 1 2-15" 2-14 2,14 2- 1 < . i * * ' ° * s Name ' " r * Pir Hydro-Electric Corp., Ltd.— participating preferred (quar.) When of Rec. first 80c West Penn 7% Electric preferred West Virginia Co., pfci. 6% Pulp ■& ■ . 2-13 2-28 2-28 $$1.12% 3- 1 2-15 35c 30c $1.25 $2.50 $1 3- 1 2-10 $1.50 2-13 4- 2 2-15 % 3- 1 3- 1 1-29 3-15 2- 1 2-15 2-10 183,4C 2-15 1-27 3-12 2-26 $50c 3-31 2-28 loc 40c 3-15 3- 1 3- 8 2-28 2-10 . 5% Line. Woods Co., preferred Industries, (F. Woolworth (quar.) — (quar.) _ Inc.——— W.) (quar.) Co. & registered (final) Transportation Associates. Worthington Pump & Machinery, common— 4l/2% prior preferred (quar.)— 4V2% conv. prior preferred (quar.)_ Ordinary Worcester W^rigley (Wm.), Jr., Co., common , Common - 35c 20c 37l/2C $1.12'/2 $1.12V4 50c Phillips-Jones Corp.—-Earnings— Net Wurlitzer (Rudolph) Co.:. ,—, York Knitting Mills, Ltd., common 120c 2-15 for tax revenues ; Operating income __ : deductions ______ —V, ,160. 332. p. with Earned Pullman-Standard Car Mfg. The company year, a of Investment News ; record Feb. President, A the of of ident in p.m. will G. sales '' \ s share _ 30— the _. . i —— $1212,022 Earnings per common share, - V Vi & 8,383 ties, from on hand $380,857; notes and domestic subsidiary and on deposit, taarketable securi¬ accounts receivable, including $9,693 owing reserve of $10,096), $697,881; inven¬ (estimated), $4,100; investment in foreign subsidiary cor¬ porations (100% owned), $2,066; investment in wholly-owned domestic subsidiary corporation, $10,000; property, plant and equipment (after profits tax depreciation for construction insurance, in process, and amortization of $1,853,934), $1,689,059; $16,292; goodwill, patents, etc., $1; prepaid total, $5,135,816. $287,lil; accrued royalties, local taxes, supplies, etc., $37,310; Liabilities to Accounts payable, interest, etc., $26,973; dividend payable on common stock paid Jan. 2, 1945, $31,250; reserves for possible future contingencies, $446,291; works.—V. is payable this total in 1, 161, office at constituted 161, 606. p. Rand Mines, Holders Net Net ry; 3,947,359 p. . v' •: of inc. ^ reveniiesi__ expenses... Net oper. income $ . ™ Toal fixed year.—V. 161, operating operating Federal ry. $3,530,836 op. accruals, (ad. dividend of 50,478 2,146,455 112,514 taxes, operating Other oper. ry, , . taxes.™ income Federal Ry. c that a from rev. valorem) Other . $6,359,241 2,828,405 expenses tax 1944—12 Mos.—1943 $5,889,597 $72,586,941 $64,378,913 3,784,751 33,222,783 29,895,564 1944 -Month- 1943 revenues Ry. Net income and excess profits $9,007,438 in period last Ry.—Earnings- St. Louis Southwestern Ry. 24,049,148 18,231,990 December, 1944, and $13,956,420 in 146. p. Period End. Dec. 31— which 24,263.476 214,328, - . 2,112,761 1,459,693 charges period Jan. 1 to Dec. 31, 1944, for estimated taxes compared with $823,487 in month and 1,090,678: 152,687 shipments 20,906 . 18,373,377 141,387 2,154,320 41,559 1,480,599 income •After deductions of $453^000 in the volume of air express been : informed ' 10,007,991 121,244,213 112,961,746 6,611.877 82,624.946 73.703.238 2,102,461 18,022.071 24,022,885 51,859 351,306 240,591 9,915,4G5 7,155,026 1,439,397 41,202 income— oper. ry. Other ; 1944—12 Mos.—1943 $ ' : ty?'''''*'''- $ ■ 1944—Month—1943 Ry. 1944 ' , provision unused was excess *600,000 250,000 $76,208 L_ 50,000 $450,285 $429,546^ . Total Deduct, $2,104,846 $39,364,158 $34,483,349 ; •' ■ v■ ' 45.722 988,537 ' dfifi.oig. 1,102,052 22,670,794 17,873,286 99,749 1,473,551 1,161,619 $1,221,389 32,58$; income income. $857,323 $14,231,276 $14,481,525 28,965 •' 340,894 356,562 ry. - bper, from ry, inc._ • $1,253,975 $886,288 $14,572,170 $14,838,087 oper, .298,366 income Net ; ry. for excess profits tax in credits of prior years which profits " , Rheem Mfg. Co.—Two New Two new contracts company, it was the Birmingham shell for announced ' • 1943 because were carried ' '> ' J Gov't Contracts— '« forgings have been- awarded to this Herbert Tutwiler, Chief of Feb. 2, by Ordnance District. on (Ala.) company's North • The Birmingham plant—now producing 81 mm. shells; airplane parts and 90 mm. brass shell cases—is being expanded to add two production lines for the forging of 90 mm. steel shells. The other new contract is for 75 mm. shells and calls for the taking of idle buildings and the establishment of in the Birmingham, area;; ■ .-v.. a second Rheem plant ofi: Net —V. .. -t b'j:, 161. P. $710,806 $11,186,637 $10,944,778 , 254,236 . $730,461". 3,067,552 278.566; $432,240 . 3,403,505 $8,119,085- $7,543,273 246. St. Paul Control 4,160,939 $563,327 $10,807,120 $10,677,148 147,479 . 379,517.," - 267,630 §984,697 income income 3,765,050 322,961 $955,609 29,088 oper incmoe_ Deduct, from gross, inc. Engineering Acquired— . & % Mfg. Co., St. -• • I*aul/ Minn.— ^ , "Ralph Maxson, Canton, Ohio, on Feb. 1 announced he had purchased of the common stock of the above company for $1,000,000 and planned to take over management of the firm as President.% % The company designs and erects structural steel buildings and bridges and makes'machinery parts. It lsv currently a sub-contractorfor "American Hoist;•'& Derrick: Co,, which is making cargo; lifting equipment for.Liberty ships, .C : Included in the purchase ..was Heston & ...Anderson Co. of Fairfield, Iowa,"*a subsidiary, which Mr. Maxson' said will continue operation as a division -of the" engineering and manufacturing, firm. •; Owners of- stock purchased by Mr. Maxson, who said he hoped to :■ 95% buy owns •• company^ at^p.resent is turning out shells in five plants'v and-T.uq.'uu:) Dross . 7 $26,208 necessary 160,. p. -1231. 1942' ' $1,300,285 ; = $1,779,546 & excess prof, taxes (net)'*' 1.300.000 for contingencies 50,000 —i 1943 . l'J-1 income The 25,874,296 'Noh-oper. income forward.—V. over 22,488.529 •'*.%v Total SilkHosiery Mills; Inc. (and Subs.) -^Earnings— Profit after charges •No 11.9.97,351 36,371.464 17,335.113 income^.. oper. Period End. Dec. 31— 571. Net 59,326,160" 15,868,888 per Real Fed. 3,155,203 85,577.649 30,823,573 Earnings of System 605. have 439,292 1,911,061 107,426.855 railway from ry. privileges).- express 1941 $5,556,592 792.836- 1,439,531 36,306,976 railway xrom Net 13,418,431 138,447,451 132,331,626 air < 115,982,818 income— oper. $8,450,569 3,447,583 $9,475,434 3,063,028 $ <g (express Only—«; From Jan. 1— Gross 1944—11 Mos.—1943 • 350,596 warrants / 1942 1943 •Balance available for Ltd.—Dividend—v share of ' / the interest due Jan. 1. 1937 (50%), 1, 1938 (70%) is now being made on* mortgage gold bonds, 4,/2,.% due 1941. of United Slates Trust Co., New York, railway.—2,612,776 from of RCA. over Ordnance Works, Weldon Springs, • 'V $9,531,363 railway....™ from Gross and share, less South African non-resident shareholders' tax of 2.96ld. per share, will be paid on or after Feb, 14. 1945, against presentation of coupon No. 83 at the London (England) office of the company, 4, London Wall Buildings, E, C. 2. Coupons must bfe de¬ posited at least four clear days before being paid. •- ' A similar payment was made on Feb. 11 and Aug. 16, 1944.—V. 160, 6d. 3s. 246. p. 1944 December—- ;• 1,134,633 p. ex-, > Deductions frota income rise of approximately 14% a increase due July 3,355,694 1,750,000 to St. Louis-San Francisco Ry,—Earnings of Co. from the board of President of the National announced on Feb. 2 by 4,734 about facilities plants have been awarded by the The work will cost in excess of 1937 York.—V. announces were chemical the balance of the interest due Jan. 1, 1937 (50%), (70%), Jan. 1, 1938 (70%) and pavment in lull of the 1, 1938, is now being made on Ogdensburg and Lake Champlain Ry. first mortgage gold bonds, 4%, due 1948. Interest is payable at office of Central Hanover Bank and Trust Co., New Express Traffic— 6. Head, President, Ordnance' of Payment interest supervise (& Subs.)—Earnings- other carriers and in * 100.097 34,216,250 rev. ' 89, Boston, Mass. Sarnoff, Pres¬ division will be 9,676 rail at consolidated first 32,453.989 366,952,337 318,792,212 17,746,185 213,105,704 173,446,851 1,184,542 13,913,953 11,770.370 21,399,084 1,380,232 died board, Payment of the balance of interest due Jan. 1, 1937 (50'> ), July 1, 1937 (70% ) and Jan. 1, 1938 (70% ) is now being made on RutlandCanadian RR. Interest is payable at office of Old Colony Trust Co.,- (after $1,456,353; miscellaneous notes and accounts, $27,559; invest¬ ments in associated corporations, $288,151; post-war refund of excess tory, reserve the 349,625 37,109,260 transport, taxes for the Y. N. Dawes were 414,926 income__ business-in 1943.—V. 161, $107,670 $0.80 $526,187; RR. Interest 1 to quarterly that business handled by Railway Express Agency in 1944 was the largest in its history, exceeding 200,000,000 shipments, approximately 70% of its war traffic. In¬ 4,808 $303,845 196,175 $84,056 ^ - ' $0.61 of at two ordnance to this company. of the balance of 1937 (70%) and Jan. 1, Rutland 1, 25 cents; 104,018 Record L. Balance Sheet, Nov. 30, 194tifT,, Assets—Cash July 32,104,364 363,004,978 315.436,518 36,694,334 revenues Provision _________ — David of Month—1943- Calendar Years— profit March cents formed $ deductions Other $299,037 2,353,499 $130,406 46,350 Federal taxes on income, Federal taxes on income (estimated),— Prof it before Net G. vacancy 1944 debt . 1943 $2,652,536 (net)---^---:--—j.——— Other income Charles the Co.—$2,000,000 ^ General Manager of Niles Trammell, fill to ___ 740,050 $1.51 1944 $2,565,987 2,443,965 construction for ordnance Net transport'n_ *Payments to v sales shipped— been General •' ' revs. Total Pfaudler Co., Rochester, N. Y.—Earnings— Derating profit Co., ■ 2443. expansions will be undertaken at Kentucky Ky., originally built by Rust; and at the The July and 160, Engineering Rust of p. Chairman 31.—V. Jan. Paducah. cents sold by RCA companies and divisions abroaa.- General Operating expenses Express taxes Int. & disct. on funded Co., Inc.* on Feb. 8 offered Cost of net of election 'y Other Railway—Secondary Offering—Blyth 3,500 shares of 5% prior preferred stock (pas $100) as a secondary distribution at $98 a share. Concession to dealers was $1 a share.— V. 161, p. 572. / the and for 1944 1943 $28,146,814 $28,060,592 —755,443 $1.54 Vreeland, on Department Mo., International Division has Railway Express Agency, Inc. .V Pere Marquette )8 Mbs. Ended Nov. Net sales shipped and interests resignation cluded & 1,! 40 Dec. Headquarters V ■ Vice-President Period End, Nov. 30— Inc.—Earnings— -1, Earnings per common —V. 161, p. 466. - * RCA , $2,000,000. _ charges and taxes— 31, Total bper. on l' War . Brigadier States, announced. manufactured *Rail Net profit after and Brigadier General David Sarnoff, President Trenton—Tenders— lOMos. End. Oct. 31— Harold production plosive New Director— The ' Net has MacKenty, supervise directors first mortgage bonds Peoples Drug Stores, quarterly dividend of 40 a Division International United RCA, products interest cost of 2.04% ,—V. 161, p. 572. properties.—V. 159, p. 879. sale of Dec. Beach, Fla., Contracts pro¬ of Radiomarine Corp. of America, has been appointed Managing Director of the RCA International Division. Mr. MacKenty has been associated with the company for more than 23 years. The International Division will have charge of the export of all 100.1799, an intbheat' cost Co., tiustee, 28 West State St., Trenton, N. J., March 1, 1945, receive bids for the sale to it of due May 1, 1953, to an amount suf¬ ficient to exhaust the sum of $20,229. Any bonds accepted for pur¬ chase by the trustees must be surrendered to the Trenton Trust Co. on or before March 15. 1945. Funds for this purpose are from the 3 declared 6 York.- New John *rhe Trenton Trust until output foreign sales and other activities of this company and its subsidiaries Chgs. extended 4% for income or excess profits 1944.—V. 160, p. 871. provision made Rutland RR.—Interest Payments— on the common stock, no par value, payable 19. Payments in 1944 were as follows: March RCA new outside Two other group bids were received for the issue; Salmon Brothers & Hutzler and associates offered 100.679 for 2V8S, an interest cost of 2.03%, while a group headed by Halsey, Stuart & Co., Inc. •will Feb. on and Broadcasting Peoples Brewing Co. of the company's of 75% Radio Corp. of America—Forms 1.97%. £id 100.632 for 2Vas, an over to Develop Foreign Trade— & Co. V.;::v. The issue wad awarded Feb. 8 on a bid of for Sept. 1, 35 cents each; and 65 cents extra.—V. 160, p. 2006. Offered—-An un¬ derwriting group headed by Harris, Hall & Co. (Inc.) on Feb." 9 offered $6,000,000 2%rseries P equipment trust certificates, to be dated Feb. 1, 1945 and to mature $400,000 each Feb. 1, from 1946 to 1960, inclusive, at prices to yield 0.80% to 2.15%, according to maturity. The of¬ fering is subject to approval of the Interstate Commerce Commission. Associated with Harris, Hall & Co. (Inc.) are Shields & Co.; Equitable Securities Corp.; Graham, Parsons & Co.; The Illinois Co.; The Milwaukee Co.; Bacon, Whipple & Co.; Hayden, Miller & Co. and Keb- pf 1 June Pennsylvania RR.—Equipment Trusts bon, McCormick share per year in the company's history hurricane. Total dividends paid . accounted of directors " • ' ''.V. - Payment ' Pelstrir.g, J. 4,210,240 ; v (The)* Purity Bakeries Corp.—40-Cent Quarterly Payment— The pointed out that 1944 was a good in spite of severe losses due to the to policyholders since organization of the company amounted to $12,074,779 and losses paid totaled $16,468,507. It was also pointed out that as of Dec. 31, 1944, a total of $2,710,660 was invested in U. S. Government securities.—V. 159, p. 641. Herman materiel war / Contracts— pared with 1943 output of 10,974.—V. 161, p. 46. ' '' ' Co.—Backlog, etc.— backlog of domestic freight car orders on Jan. 1 a freight cars for doitiestic use increased 25% and the com¬ pany built all the trolley buses it was permitted to make. The company turned out 8,060 freight cars for Class I railroads of the 40,392 built by all producers, compared with 6,429 by the company in 1943. Its production of freight cars for export last year aggre¬ gated 10,880, of which all but 200 were for the War Department, com¬ Pennsylvania Lumbermens Mutual Fire insurance Co., Philadelphia, Pa.—Reports. Gains for Year 1944— This company in its 50th annual statement of condition for the year ending Dec. 31, 1944, reports total assets amounting to $5,029,469, the largest in its history, compared with $4,828,065 a year previous. Surplus to policyholders totaled $2,526,140, also a new high figure. Voluntary reserves amounted to $526,140, against $521,443 at Dec. 1943. has 15,765 1,450,944 2,295,542 3.548,090 reserves—.. __ months ended Palm against 5,151 at duction (Continued from page 672) 31 8,265 155,150 29,414 1,450,944 2,895,542 and Royal Typewriter Co., Inc.—Death of Chairman— -• the start of December and 5,514 a year ago, according to Wallace N. Barker, Vice-President. Reporting on last year's operation, he said that while manufacture General Corporation and t 44,509 - (par '• .. $11,109,857 $10.778,440 Herbert of 122,342 $3,100,000 /• 142,169 70,779 103,953 : surplus Note—No six : •• 75,255 liabilities Capital surplus corporation last kwh. for the corresponding week 1.1%.—V. 161, p. 605. ' - • ' of 129,335 1945, totaled 201,570,000 kwh., as compared 203,860,000 decrease Non¬ , ■ payable Capitol stock resident ^ ■ expenses v>.Vm.•:.?».r.'. OEie'ctric output of the operating companies served by this for the week ended Feb. 3, fPayable in U. S. funds, less 15%-Canadian non-fesidents' tax. in Canadian funds, tax deductible at the source. tax, 15% ; resident tax. 7%. a Less British income tax. - Total this dividend. tPayable charges bank ,loarr (1946-49)__r.—$2,900,000 Other • . 375,527 315,103 411,356 c —$11,109,857 $10,778,440 Accounts public Utility Engineering & Service Corp.—Output— $9,965,467 303,913 . deferred June 30,'44 depreciation )i__r $10,264,753 hand_. on ' • Dec. 31,'44 - Accrued $13,296,674: 3,767,157 — intangible percentage and Sheet Balance Incpme taxes Net income transferred to earned surplus—$9,529,517 , 3-1 2-17 3-10 ______ Consolidated Liabilities— 218,875 income Income S6Q3i153 these deductions assets™— and assets Total 2% $13,077,799 __________________ estimate to depletion and and current Other ___• (lecs banks in Other .$64,515,138 51,437,339 ___ deductions,™ revenue 32,844 $843,448 ; for Income or excess profits taxes. * Properties Co.—Earnings— ____ impractical Assets— Six Months fended Dec. 31, 1044 Statement of Income, Gross 2-15 2-15 3-15 3-15 4- 1 It.is Cash Public Service Electric & Gas taxeS____L___^i__ is indicated Condensed provision for renegotiation applicable to 1943, and after net renegotia¬ relund of $35,164 applicable to .1942 operations.—V. 160, p. 1192. 2- 2 2- 2 2- 2 t$3.50 $$3.50 25c 50c $1.37% ihcome the income liability before the close of the fiscal year-on June 30/ 1945. % basis. tAfter income and excess profits taxes, current pro-', renegotiation and after special charges and credit and pro¬ contingencies. tAfter income and excess profits taxes and tion Jamaica income tax. •Transfer books not closed for $$288,557 •Preliminary. lor 466,951 ; 31,524 Company claims as a deduction lor income tax purposes the costs of drilling wells and computes deplet on on a statutory 1943 t$185,508 i.-- i 5-19 — (s-a)— 7%. 1st preferred (s-a)—————_______ 7% 2nd preferred (s-a)--*.— Young (L. A.) Spring & Wire Corp. (quar.). Youngstown Sheet & Tube Co.; com. (quar.) 5%% preferred (quar.)__„— _ *1944 profit vision 45,Q6St 842.380 461,553 depletion and depreciation ______ amortization,™ for and Note—;No■■ estimate 30— Years Ended Noy. Other income 6-1 3- 1 Provision Interest Netr income, before 3-20 3-15 4- 2 Expenses > , $1,945,328 $2,189,139 ,, 852,614 . / ' Operating Operating 50c 25c ... Less 30% 572. p. 1-30 3-15 3- 7 3- 5 3-5 3-30 3-20 3-15 Agent— $922,830'977,428 50,386. ' Total 5 * a $1,034,828 ' T,103,924 Other has been appointed 4% series.—V. 161, of New York preierred stock, Company cumulative for agent vision (quar.) (quar.)_. Paoer Mfg. Co., Ltd. Woodall pid. $6 .—_ Trust Guaranty The transfer Corp.— Crampton conv. Wisconsin preferred \S-a) Mtg Water Williamsport & (increased quar.) 1st Lace Wilkes-Barre Winters (quar.)__ Dental Mfg. Co. (quar.I— (S. S.) Wilson Corp. Dec, 31, '44 June 30, '44 • —____ production ,011 572. Philip Morris & Co., Ltd., Inc.—Transfer 2-13 2-26 45c Products Chlorine Whitaker Paper Co. x $1 $1 50c 3-12 __ 4l/2'%, preferred (initial quar.)— 161, P. (and Subs.)—Earnings— ' sales____. gas four of , < —— Corp 3,958,000 kwh., V. 3-22 4- 2 Natural ', • , , 3, of . §1.25 Feb, • - , Months Ended— 6 Revenues; for this company and its subsidiaries for the 1945, amounted to 138,663,000 kwh., an increase, or: 4.5%, over the corresponding.' week last year.— output electric wfeek ,ended (George), Ltd.— Westvaco 75c 2- 1 •• , Republic Natural Gas Co. . Philadelphia Electric Co.—Weekly Output— The participating preferred— Weston Electric Instrument White 1-17 2-15 $1.12 % 5% preferred (quar.)-1.—^ Westinghouse Electric & Manufacturing Co.— Weston 1-11 2-15 Co.— Paper Common .%• 2-20 2-15 $1.75 . 4*4%. preferred, (quar.) Western Tablet & Stationery Corp.— ,7% 3- 1 t20c $1.50 (quar.) tquar.) ' 2760. p. erection or and rockets.—V. 160, additional April 3, J.9'57, due previously announced the taking over of plants for the manufacturer of- shells has mortgagk and collateral trust 20-year 4% sinking fund bonds, $312,000; 6% cumulative preferred stock (par $100), $250,000; common stock ($20 par), $2,500,C00; capital stock in treasury (preferred, 92 shares), Dr$8,721; total, $5,135,813.—V. 160, p. 2547. Holders Payable ■ Share of Company West Canadian . Monday* February 12, 1945 FINANCIAL CHRONICLE THE COMMERCIAL & 706 up an the remaining '5%, included Great Northern Ry. He now airplane parts plant in Canton and1 a ball bearing factory in Ohio (New York "Herald Tribune,")/ .' ^ ;% "i;* Massillon, Volume Southern Ice Co., Inc.—Tenders Savannah-Si. Augustine Gas Co.—Registers With SEC registration statement with the SEC for cumulative preferred stock (par $100.) and 30,000 The compahy has tiled ^ : -shares of 5% 6,250 shares of stock common The "St. price offering The Augustine price of The retire the bonds outstanding of the the call price of 103, to pay the purchase at estimated are at Gross & Co.; Varnedoe, •& Arnold; Inc.; Milhous, Martin & McKnight, Inc., and J. H. Hilsman & Co., Inc.— & Co., Inc.; Robinson-Humphrey Co.; Courts Chisholm & Co., Inc.; Putnam .& Co.; Kirchofer 161. 146. p. - ' . . President Levey, statement recent J. sets equipped Levey with •sibility would receive the device" "scrambling a television creating as .'distributors. ' - factor Levey, "and we are improved model of demonstrated 24" 20" x . Film Fox through Precision Equipment General also is Corp.. television networks between New YorK-Philadeiphia-Schenect.ady are already in operation and that ex¬ tension of the service planned by ATT and the Radio Group within several years after post-war would cuickly make television available millions of people.—V. to 1390. 159, p. the $106,569 $1,004,667 $991,591 34,358 34,358 412,296 412,296 fr. $72,211 $592,371 $579,295 retire, Federal Miscellaneous 1,102,654 13,884,515 983,949 13,893,375 98,489,635 170,666 101,090,480 19,766 157,005 4,916,267 Crl,811,368 40,316 (net) rents facil. Jt. . income 158, p. 22,665,985 Net charges - Int. 759,530 795,122 52,449,389 9,610,564 77,242,817 9,074,227 1,554,651 62,059,953 86,317,044 •Before 67,926 667,146 806,111 taxes.—V. 1,486,724 2,205,307 61,392,807 24,660,432 85,510,933 27,116,660 plan to the ' courts. 270 1,529,706 Net Court bench of as $721,479 36,719,660 58,359,821 473,920 Dr688,665 2,968,340 179,922 189,998 2,159,065 2,333,115 3,367,909 $1,220,471 41,847,065 67,133,187 Consol. of Pacific RR. of Mexico. tRepresenting interest of solely controlled affiliated companies not credited Southern by Southern Pacific Co. Southern Ry.—Gross the Neil A. Vice-President Moore, and General Manager, announces —V. the 161, p. 607. 161. p. 1945 v !' 1944—Month—1943 1944 fc •Net profit $78,266 Earns; per $111,119 104.800 104,800 share.. fC.80 $1.06 $1.20 charges, $760,530 269,308 $9,808,201 3^770,594 $8,840,298 3,257,205 30,740 504,972 395,786 inc.) 58,738 50,131 76,822 773,375 860,743 405 4,868 5,582 $356,823 $333,121 $3,893,647 $3,573,587 1,454 42,491 320,418 517,779 City Bank income Gross $358,277 ?■} $375,613 $4,214,065 deductions Income $4,091,366 2,495,952 income Steel Co.—40-Cent Distribution— 1944 trust milled Tons 4% bonds, Net 160, $196,255 $3.72 $3.66 $2,466 $3.52 $3.12 $22,482 706,198 assets— current $156,635 $3.63 $3.40 $10,701 680,428 60,782 686,963 ^$253,354 m " $4.17 F. tive the first outstanding as sold mortgage Gross expenses Fed. income / profit excess Provision , in net public sales mail includes for order sales 3, 895,928 521,352 724,535 694,096 189,083 201,843 Gross 855,106 635,922 .Net from railway—i— Net ry.. oper. from $35,694 $85,066 14,286 income. on pfd. 14,286 Balance —V. 161, stock—_ v. . $21,407 V $70,780 termination Co., pay¬ of the within period given the' opportunity to ex¬ share basis for new 4%% cumula¬ not issued in distribution. to accrue on exchange 1, to are Dividends; Feb. on the 1945."—V. Net from 648,371 Net ry. $491,564 171,438 $320,126 7. - r•1943 $2,131,123 $292,216' earnings 102,056 expenses Net earninga .___-i-uv V $ 190.160 $106,422 $95,641 720 $1,351,844 $1,205,380 4,110 4,740 $96,361 2,823 $1,355,955 78,405 $1,210,120 21,294 $93,538 $1,277,549 $1,188,826 1,039 24,426 . $83,035 dividends dividends Common —V. $107,461 income Net Preferred 161. 789,370 43,750 ■ 956,420 956,430 paid 468. P. Teck-Hughes Gold Mines, Ltd.—Earnings— 1944 Ended Dee. 31. for Year 102,920 Dry tons of ore treated of value Operating bullion costs $989,110 — — — ————— —— Operating profit 664,403 , investments General Total Net for Ltd.—dividends— ( taxes profit 160, capital of $892,548 102,286 —- — — - — — — - share per 26,918 540,926 — — income Earnings —V, $324,704 ——— — investments: Income from $790,263 $0.16 — - stock 1781. p. from Gross Net Central Ry.—Earnings— Net from Net ry. income ■ 1941 y; . $323,632 61,007 32,438 • 25,088 2,937,785 3,987,281 4,841,515 1,405.812 712,258 $247,030 .37,167 1,009,683 752,752 489,323 402,350 •Deficit.—V, 161, P, 468. 161, Texas Mexican Ry.—Earnings- ry. $144,338 railway from from 29,158 *7,917 railway oper. income 1941 $1,247,448 1942 1941 $154,877 $116,799 1943." 1944 December— $175,94&' 36,234 ?*.302)X> *187,594 - 1 5,824 18,092 10,363 1,721,976 635,271 1,388,893 455,429 304,385 From Jan. 1— Gross from from Net ry. 2,280,817 railway-- 611,011 railway oper. 369,195 income •Deficit;—V. 161*, p. operating revenue 611,446 426,032 Total oper. 258,922 348,225 228,082 Total taxes 25 853,382 23,906,149 29,540,611 13.289,042 8, 240.938 10,020.949 9,738,851 5,152,173 4, 251,953 4,659,898 6,851,890 470,428 Corp.—Earnings- 1944—Month—1943 1944—6 Mos.—1943 $1,783,547 $1,612,834 $10,319,639 $9,673,202 1,445,913 1,218,435 8,057,378 '7,111,715 Period End. Dec. 31— Total •109,179 2,026,168 828.297 322,002 147. Third Avenue Transit 1942 $1,561,045 1,101,030 376,707 railway—— oper. *52,615 *53,796 4,769,426 railway from 1943 $380,464 38,431 *14,724 Net ry. oper. income, From Jan. 1— Gross 1942 1944 $309,475 railway railway- from 586,645 3,030,159 income— 161. p. expenses 181,884 187,434 1,123,195 /jl,127,843 $155,750 $1,139,067 20,928 $1,433,643 4,184 $206,965 2,892 f '$159,935 Total $209,856 $1,159,994 $1,451,808 173,424 1,028,767 1,060,397 $36,433 $131,228 $391,412 — Total oper. income ;r. non-oper.^income. 147. Squibb Sc Sons (and SubS.) —Earnings- after expenses- Net $210,054 103,331 $901,076 $787,360 320,031 312.459 •> $106,723 $581,045 excess -i—: profit— Number Earnings of common per shares-— share-.:—— : 1944 $1,771,637 1,290,197 1943 $1,549,852 1942 $964,338 1,003,403 $546,449 $471,628 450,807 428,041 $0.7-4 $1.05 $0.94 .,.18,165 ::C, net- •U income 1 HV -i ■ /!-; ' $11,213 492,710 495.606 i. profits taxes— & combined' Total $481,440 Quarters End. Sept. 30— • 1944—3 Mos.—1943 —V. ' 161, p. 147. Tide Water Power Co.—Transfer The for Chemical Bank the common & stock, Agent— trust Co. has been appointed transfer agent no par value.—V. 161, p. 46$. —V.. 161, p. 468. Triumph Explosives, Inc.—Acquisition— ^ $474,901 Note—Operating expenses do1 not'include* income and excess profits taxes—V. 161, p. 315", 7 income(net) deducts.—int.— 481,178 income railway— oper. (E. R.) $430,355 Southern Canada Power Co., Ltd.—Earnings- Operating %,/. 430,000 income Net $2,089,179 railway- Income and Gross 465,000 $601,792 171,438 Net 1944_Month—1943 536.463 35,833 be new January, 1945, were $3,128,112. This and retail sales of Spiegel, Inc., and 1944 •.! railway—- from $1,250,164 p.. 607. Period End. Dec. 31— 626,634 669,000 From Jan. 1— 658,020 : r 45,700 50,270 accruals oper. • Divs. 401,852 63,758 31,400 53,333 "'■'••■•.'171,143 33,574 $1,149,584 58,327.. & Spokane Portland & Seattle Ry.—Earnings— December— of $143,393 $6,724,944 3,361,877 479,248 income- on income Net 622.104 70,320 Read 1944 sales is submitted because only mail order reported in 1944.—V. 161, p. 247. 4,460,932 53,457 3,771,584 39,790 Full payment is obtain¬ comparison with were 43,446 $106,014 Y. Spiegel, Inc.—January Sales- 401,092 income N. been stock new for 478,068 other deducts.™ after have commence — 72,239 $7,363,312 342,649 46,031 reserve Other Gross •Deficit.—V. Net the will stock consolidated Gross .•V; of underwriters $7, 229,305 . $609,885 341,885 taxes taxes 1944—12 Mos.—1943 1944—Month—1943 — Maintenance Net No . Gross shares and $8,034,919 taxes lieu on stock on a share for stock. This latter preferred stock was publicly offered by an investment banking syndicate headed by Dillon, subject to the exchange rights of holders of the' present $641,388 taxes Int.* & Co., to 160, p. 1744. $642,830 revenues December— stock $716,088 taxes. redemption subsidiaries. — - for called 607. p, 1944—12 Mos. —1943 1944—Month—1943 amort. General taxes York 5, New practicable such 59,767 Operating Deprec. «fc Federal of 1 revenue been 1945, preferred Carolina Power Co.—Earnings South $4.56 Tampa Electric Co.—Earnings— Tennessee as soon 1, & figure Period End. Dec. 31— has 1972, and collateral preferred stock 4% serial bonds, series A, mortgage 15-year 4%% bonds, series A, have been called for redemption on March 1. next, the former at 101 and interest and the latter at 102 and interest. Payment will be made at The Royal -Bank of, Canada in .Montreal, Toronto, Halifax, Saint John; Winnipeg, Calgary, Edmonton or Vancouver, Canada.—V. 151, p. 1910. of due Nassau St., holders Jan. on first 2,838,929 t$4.15 amortization, Period End. Dec. 31— Operating Operation Provision entire issue of first mortgage Vice-President and Treasurer, on Feb. 6, stated: expected that; all outstanding 6V2 % preferred stock will be change their 669,047 Smith Paper Mills, Ltd.—Calls Bonds— (Howard) All series $2,151,195 : . Stanley, is "It retired which $3.22 $57,905 Read and $1,337,221 — immediately. W. 1 1232. p. stock common Exchange of Stock— 1944 55,754 $175;716 Recovery per ton Oper. cost per ton Operating profit able 1944 < 42.058 48 421 (Production —V. 1944 385,688 1945, at llO'^ % plus accrued interest. Redemption will be made at the office of Dillon, 3d Quarter, 2d Quarter, 1st Quarter, » 380,892 March 5, ing agent, 28 4th Quarter, ■ $2,536,883 stock— Bonds— It is announced that the Ltd.—Earnings— Mines, $2,393 1,554,483 •—1 . $1,718,113 applicable: to Calls 4% share on the common stock, no par value, payable March 15 to holders of record Feb. 21. Distributions in 1944 were as follows: March 15, June 15 and Sept. 15, 40 cents each; and Dec. 15, 60 cents.—V. 160, p. 2080. 813 3,119,582 share common per Lamaque Gold Mines, The directors have declared a dividend of 40 cents per Slaclen Malartic i-Ji ; — Accrued dividends on MV2 %. cumul. pfd. Balance Simonds Saw & ' 'H $i( >•■:■'.■ . Net of New | 1944 1943 $13,350,217 $13,352,524 — — — shares 1944, amounted to $4.55.—V. Gross York has been appointed registrar lor 1,7.94,061 shares of the $1 par common stock.—V. 161, p. 606. National *$9,183 ■ for additional 1943 real estate reserve a 78 ■' (& Subs.)—Earnings- Earnings oper. revenues Other income Servcl, Inc.—Registrar Appointed— The $3,892 $4,094 500 158 750 924,925 405 than ' . number 683,211 68,240 franchises— of Net income Federal 78 827 157.' reserves, Income ; ^to3r._Z1943" retirements— for Amort, and excess profits taxes, and after giving effect to post-war excess profits tax refund.—V. 160, p. 2653. ♦After 1,567 8,059 500 786 — $126,297 104,200 $0.76 — com. $83,834 104,200 ——— shares Common 1941 1944—12 41,129 (other Taxes 1942 f' 1,551 2,856 500 160, p. 366. Utility $830,261 304,923 Operating revenues Operating expense Prov. 1943 1944 1,535 5,458 ■ . Southwestern-Public Service Co.-—Earnings^-- Seeman Brothers, Inc.—Earnings— 1,519 Jan. 1 to Jan. 31 1944 607. Maintenance Quarters End. Dec. 31— 7,397 $13,411 depreciation, depletion and Federal taxes. (Earnings per common share for 1944 on the basis of of shares outstanding before the 10% stock dividend on Dec. Retire. $8,999,512 $28,272,960 $27,631,229 $9,200,500 earnings Period End, Nov. 30— 350. p. $14,997 etc common Gross appointment of Harry Hodge as Controller,' Mr. Hodge has spent the past six years with subsidiaries of the U. S. Steel Corporation, the most recent one being the Tubular Alloy Steel Corporation, Gary, Ind., where he was Assistant Controller.— 157, $12,289 deducting $6,319 as Earnings Fed. ' V. $13,414 $20,807 , 600 profit General Earnings— 1945:,' . Gross (Deficit.—V. 10 Days End. Jan. 31 Period— Mich.—Controller— 5,941 6,258 Sun Oil Co. 15, income— bonds income to — solely affil. net certain on < Sealed Power Corp., Muskegon, 8,543 Year Ended Dec. 31— Number 1943 7,511 at 4V2 % income- June 30, 31, 1943 $20,938 taxes fees, Dec. 6,440,251 tConsol. adjustrn'ts.—Cr J.—Earnings— June 30, 31, $20,832 Sal., acctg. & misc. exp.- income P. 2,714,067 income •Excluding member of a 58,394,274 34,453 cos._ ' appointment to the Maryland Appeals.—V. 161, p. 606. S. Transp. System controlled Ralph Warnken, of Baltimore, Md., has been appointed a member of the reorganization committee by Judge W. Calvin Chestnut to suc¬ ceed Charles Markell, of Baltimore, who resigned from the committee his of income •Net S. upon 36,732,375 12,715 the 6% payable on $20,925 (est.)— Insurance •After added submission ^ , Total conting. charges— f718,582 2,897 2,714,337 Mr. Glazebrook 1945. Jan. 4, operative on declared was fxd. chgs._ The reorganization the time being, Mr. Glazebrook said. cepted for ,that counsel are preparing a foreclosure decree for prompt after Inc. share per was also declared, 19.—V. 161, p. 315. $50, 1944 expenses estate 4,684,488 1,970,151 charges cents 75 1944 lents— from 1st mtge. 011 Real 1,077,803 73,600 -u— fixed of par March record of rents—— 22,783,373 for fxd. Income avail, holders 1077. inc. Gross Net ■. first Dec. 134,019 Total miscell. deductions year, dividend preferred stock, Six Months Ended—* 1,871,885 —, income $1 each on the second preferred stock Were and on March 5, 1943. of last Summit House Corp., Jersey City, N. 4,556,039 202,049 income- share per Hilton and associates, including the Atlas Corp. and City 6 announced that they had completed negotia¬ purchase of the 3,000-room Stevens Hotel in Chicago, 111. The hotel chain includes the Roosevelt and Plaza in New York.— 70,517 a and 10, quarterly to 1,731,309 (net) oper. ry. other Ry.—Deposits Exceed 75%—~ 75,% 31 Trustees' Net Total of the total principal amount of company's securi¬ ties outstanding in the hands of the public which have been called for deposit under the company's reorganization plan, have been depos¬ ited, according to an announcement Feb. 6 by Otis A. Glazebrook, Jr., member of the reorganization committee. While the right to withdraw deposited bonds expired Feb. 3, 1945, additional deposits will be ac¬ than More , usual 4,758,088 rents 60 cents dividend of $1 per share a N. •Net Seaboard Air Line March 011 Operating -taxes Equip, • V. city L- stock common Hilton J. 3,833,750 207,291,828 228,157,858 900,500 7,608,907 6,801,507 9 75,468 8,240,356 7,364,166 — of dividend and tions for 13,780,286 654,499 708,685 taxes— taxes ^ "/'?. \ a value, par Stevens Hotel, Chicago—Sale Completed— 51^169,627 628,223,517 597,367,420 47,335,876 420,931,688 369,209,560 oper... county and taxes C_ ;. Federal "• declared 5 no Investing Co., on Feb. 51,568,913 37,788,627 State, - $ stock, non-cumulative 2nd cumulative 1944—12 Mos.—1943 1944—Month—1943 >V1' ry. • , Feb. 011 common 5% March Co.—Earnings of Trans. System- ' vj • 2760.' 160, p. directors the the made $86,721 revenues. rev, Total Mr.-Levey referred to the fact that 233,674 $52,363 j\ * 1941 preferred stock, par $20, both payable March 10 to holders of record March 1. Payments of 30 cents each on $1,225,265 258,122 The on on 146. p. oper. Net a Corp. $1,262,789 - Uneinploy. insur. taxes_ interested." < 617,999 22,068 stock——. Ry. oper. expenses small installation charge, plus a weekly inclusive fee of $2.25, which would enable'subscribers to amortize the cost of the set in'about two years. ■ ' "The Scophony subscription television plan envisages an audience of at least 1.000,000 within a few years after post-war and at 50 cents a week, a subscriber fee of $500,000 or an annual revenue of $26,000,000 for the program service alone." Paramount Pictures, Inc., owns ,a substantial interest in Scophony Corp. of America and its patented Supersonic and Skiatron Television Systems as an insurance policy for its stockholders, and another major film company, 20th Century payment of 1,538,246 $128,637 .. 161, '"J * actually shows a picture home motion pictures, upon 16 m.m. 390,929 1,443,056 20,557 period End. Dec. 31— By. which and 1939 in comparable to 612,329 394,806 I Southern Pacific sub¬ Mr. contemplating supplying subscribers with the latest the Scophony home television receiver successfully London in size in f $107,277 __ 1942 1943 1944 Sterchi Bros. Stores, Inc.—60-Cent Common Div.— C. for major film of revenue source 178,030 deducts.__ pfd. Balance believes subscription radio probably will prove a in solving television's economic problem," said "Scophony stantial a 195.372 stock.—V. 764,900 taxes) income 011 —V. Scophony was surveying the posfor television and considers this revealed that Fall "box-office" providing an additional of method last other Net Divs. program. Mr. & 737,116 ""P 6 Mos. End. Dec. 31— profit $165,081 $260,918 $119,450 $249,206 tEarnings per share.— $0.55 $0.87 $0.40 $0.83 •After depreciation and Federal income taxes (1944, $247,621; 1943, $390,000; 1942, $80,000). »tOn 300,000 outstanding shares of common •Net 2,782,163 63,745 Standard Products Co.—Earnings— The television for '' V 468. .p. $7,319,502 3,124,781 ] income Gross $7,574,878 288,794 taxes—[ profit excess Int. $659,208 61,367 taxes income Television Chicago, that he believed the best way to creat a "box-office" was'to introduce a "subscription system" whereby those Corp., cor¬ 324,179 amort General 6 fully endorsed of Zenith Radio company, on Feb. Nance, Vice-President this of J. of successor 1944—12 Mos.—1943 1944—Month—1943 expenses & Deprec. Fed. Scophony Corp. of America—"Box-Office" Arthur the York, New $688,195 revenue Federal • , duties, Eugene Holmah, President, announced on Feb. 6. He has been with the company for more than a quarter of a century.—V. 161, Sought— of 1945, Operating Space .V. City Southern Indiana Gas & Electric Co.—Earnings— Johnson, Lane, & Co., Inc; Evans the trustee, 9; Period End. Dec. 31- $125,000. Clement A. of Bank 11 Broad St.,. New York, N. Y., until 12 o'clock noon, offered to receive bids for the sale to it of Southern Ice & Utilities Co. first mortgage gold bonds, 6% convertible series, due .Feb. 1, 1946, to an amount sufficient to exhaust the sum of $40,076, at prices not to exceed 100 xk and interest.—V. 160, p, 572. Savannah Gas Co., being acquired by the cost of $2,145,000, -and'to pay the cost of of estimated underwriters to used properties construction ■new be Co. Gas the registrant at -an , and stock is $100 per share, the preferred of will National Chase porate Feb. (par $10). $15 per share. common proceeds The a *' that of the 707 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4359 161 > Standard Oil Co. (New Jersey)—Official Resigns— Northrop dl&rey, Assistant to the President for -the past nine years, that post but will continue with the company on special has resigned Benjamin directors F. have Pepper, approved r»,*«rtmnoti President, the on Feb. 1 purchase by this nhin mormfflrinrprs announced company nf that the of the K-D antnmobilft lamos allied and $900,000. The distributors sells its products to about 2,000 country, including some of Roebuck, Firestone, and the Sears, 161, p. 49. the leading chain stores, Western Auto Supply.— /; ' ■ , 480,274,934 314,959,802 300,074,772 45,226,499 506,590,966 — 47,888,578 26,724,594 oper. 21,163,984 17,033,517 191,631,164 oper. revs.—— Ry. oper. exps fr. rev. inc. Fed. profits Other ry. 28.192,982 and *Includes $365,901 tax 15,000,000 10,800,000 2,495,743 2,002,932 1.347,258 taxes—— 911,577 inc. Net charge)— (net 118,000,000 103,000,000 23,806,203 23,063,145 facil. joint and rents 13,298,946 tlncluded 12,931,162 3,319,008 36,526,015 41,205,855 2,921,123 20,401,418 18,876,031 7,653,572 6,240,131 2,639,618 1,863,102 56,927,433 15,856,539 2,320,983 opers and from -invests, 5,332,589 income Total 160. 60,081,886 14,788,627 41,070,894 4,377,029 5,013,954 sources) (all inc. Appropriated, to &. reserve against possible refunds S. U. on ♦Released from Dividends on for Balance . Earnings stock Cr859,020 3,981,724 stock—„ 37,948,190 reserve . preferred common share— per •' • ;u U. S. on 161, p. 147. rates.—V. ' refunds of Because 3,981,724 31,311,535 $17.07 $14.09 shipments. To in net income resulting from refunds on shipments prior years of the difference between commercial rates * 45,293.259 10,000,000 shipments- Govt, Govt, 1 offset reduction transported in and land grant , n/i ^ ) r'.' . • ' - . to Alaska— The corporation has announcecd it will file exhibits with the Civil Aeronautics Board, preparation ot a hearing Feb. 13, proposing to cut existing fares between Seattle, Tacoma and Alaskan points almost in half, and to offer fares which are less than the average steamer fare territory. „» . ,, Report— 1944 1943 $1,700,287 $1,529,494 10 Mos. Ended Oct. 31— - 347,046 306,409 tNet loss 143,981 175,106 "Includes other income. tAfter interest and depreciation, but before provision for reorganization fees and allowances.—V, 161, p. 609. depreciation. and Co.—-Dividends— United States Rubber 31 of the resignation of P. M. Willcox as Vice-President—administrative, to become effective on March 1. On March 15 he will become Vice-President of Fred Olsen Line Agency, Ltd., with offices at the headquarters of that company made was Jan. on In New York City. & Co., ■ Norwegian a and is the operating Consolidated Income 1944—3 Mos.—-1943 $13,513,102 812,410,001 Oper. exps. excl. taxes. 5,644,678 4,990,946 Federal taxes 1,233,525 1,152,354 Other taxes 1,188,803 1,086,076 Prop. ret. & depl. res. 2,844,326 2,815,312 Period End. Oct. 31— revenues ____ Net Other 20,887 $2,622,652 income $2,380,653 $11,736,776 ' Statement ral Net —V. Corp. 1944—12 Mos—1943 de- $2,028,921 9,203,603 $1,030,247 $1,066,353 3,807,532 3,524,399 $7,798,125 Corp.—Plan Approved— plan filed by corporation designed to Commission's order of March 4, 1942, directing the to divest itself of all its interest in Fort Smith SEC approved with comply holding in Virginia Iron Coal & Coke the from securities r, for in Southern Gas will be sold The Commission found the sale $1,200,000. and. provisions ... . exempted .the sale of U-50, covering competitive " ' " accordingly, of Rule , sale to purchase or redeem a collateral trust bonds. The company proposes to apply such lunds to the purchase of series A 6% bonds in the open market at not to exceed 104 and, if the amount is not exhausted by April 20, the balance will be applied to the redemption of the bonds at 103 on July 1, 1945.— V. 1(51, p. 49. United will use the -proceeds from the part of its outstanding, to indenture trustee the instruct the exercise of and Sept. 1, 50 1945, Net $9,728,587 $11,006,564 $30,971,844 $29,319,984 sales Cost sales of Sell., 1944—9 Mos.—1943 1944—3 mos.—1943 gen. . adm. & exp. 8,466.100 636,015 > 26,337,344 2,048,327 9,446,890 688,792 Operating expenses Net oper, Co.—Earnings— 1943 1942 1941 $40,277 35,503 $23,507 23,870 $27,904 22,314 $4,807 62,780 $4,774 *$363 $5,589 61,727 62,433 67,680 $67,587 $66,501 $62,070 $73,269 profit. Bond income interest, etc. 57,129 54,508 45,385 44,115 — $21,116 $7,562 $16,140 ^ .y' Preliminary earnings for the year 1944, shows a net profit of $71,145, equivalent to $4.80 each on 14,818 shares of $5 preferred stock (on' which unpaid accumulations amount to $67.50 a share), compared with $51,869, or $3.39 each on .15,318 preferred shares in Net profit $23,472 — 24,961,720 2,109,230 oper. Dividend Other income Gross income >" 41,462 49,170 226,507 $800,814 _■ charges Prov. for Fed. $1,146;559 62.288 i : taxes $2,249,034 115,115 '115,481 is /* 542,839 '$3,244,493 58,031'Mi j 137,022 518.618 * $2,882,767! 150,413 - on 280.000 — 475,050 $458,526 income $2,586,173 $870,882 132.880 — credits— income Income $626,472 income 160, p> 2337. Offering—Harriman, Ripley offered 70,000 shares preferred stock (par $25) at $37 Y2 per Dealer's discount, %.—V. 161, p. 609. Co., Inc., and associates on Feb. 5 share net. income $612,478 . Capital shares outstdg.. Earnings per share Notes—(1) While the 376,836 $1.22 effect of 376.836 $1.63 the possible 1,800.000 1.176,050 $1,307,471 •Net profit $166,710 $191,582 $251,212 $397,103 120,000 — — 150,000 260,000 (2> ended upon 376,836 $3.47 renegotiation 376.836 $4.13 of war the Depreciation, and amortization, charges for the nine months Dec. 31. ' 1944 and 1943, aggregated $742,052 and $725,114 respectively.—V. 161, p. 248. & tOn Atwill and securities and on $0.95 $1.25 $1.98 income and excess profits $0.83 Consolidated Assets—Cash hand 1914 banks, $717,785; U. (at cost), $599,745; in Mason, Moran & Morris Mather marketable stocks 100,000 Merrill Barrow, Leary & Co.— 100,000 Jack M. 100,000 & Bass Co Baum, Bernheimer Co._ $3,500; total, Liabilities—Accounts Federal and State $2,360,752. 100,000 Ross & CoNashville Securities Co. 400,000 100,000 The provision tax notes $106,000), $25,700; common stock (200.000 shares, no par), 000,000; surplus earned, $1,246,958; total, $2,360,752.—V. 159, p. $1,682. Co.—Sells Certain Physical Wabash Portland Cement Assets—• M. bid & Co. closed early in the and afternoon. bid 99.77 for associates Feb. & pany 1, 1945;. due Feb. and interest in New York City. o «5i It (F&A) i, '•. 500,000 Alfred O'Gara & Co.— 100,000 Co.————- 2,500,000 Courts Park-Shaugnessy Peters, Writer & Christensen, Inc.—__ Kendall. Co. 150,000 Davis, Skaggs & Co.— & Co 100,000 600,000 Dt-mpsey Ferris Sc Ellis son - & & Kalman W. Co... J- 400,000 W. Thomas and Co. 350,000 750,000 100,000 100,000 The Co.. 1,000,000 & Kemp Langley & & Co., Inc— 100,000 : Dulles 150,000 Co.— & S. Yantis & Inc. 200,000 Co.— 200,000 - White-Phillips' Wurts, F. McMaster Hutchinson & 100,000 200,000 Davis & Co.— Hattier & Sanford 100,000 Co 125,000 — Welsh, Co.- C. 150,000 Co Weil & Arnold 500,000 Inc.— & Tyson Washburn 200,000 Kidder & Co.— Loewi Dabney Townsend, 1,500,000 750,000 200,000 — Kean, Taylor & Co M. 100,000 Waiter Stokes & E. Co Co., 100,000 100,000 Wagner— Thomas & Co White, Thomas A. & 500,000 Co & 100,000 300,000 Inc.— Bruce & Hirsch 250,000 2,000,000 Showers Smart Hayden, Stone & Co.— Heller, Robert Ander¬ Son, 2,500,000 Mayer- Shields Ss Co.. 500,000 —— & & Co & & 100,000 Corp. . Graham, Parsons & Co. Green, Schwabacher Seasongood Cleveland First 2,500,000 & Co. Pomeroy, Inc 150,000 250,000 Field, Richards & Co.The F. Rothschild L. 2,500,000 - Schoellkopf, Hutton 200,000 Hardgrove 200,000 Sons & Inc.!— & _ Rollins H. E. 150,000 Chapman 250,000 Robinson- Humphrey Co.—— 500,000 Se ' Inc 150,000 Inc.———; Co., The — 100,000 2,500,000 Riter & Co._ v Securities Evans 100,000 Inc Phelps, Fenn & Co Rauscher, Pierce & 100,000 Union Trust 100,000 & Copeland 100,000 Dallas A. & —--i' CO. Patterson, 200,000 Co & Curtiss, House & Co.— Equitable Corp. & - & 200,000 100,000 Co & Cruttenden M. 750,000 Torrey . '-7 at -";q Account Income upp m m Co., 100,000 ——: for Calendar pi Freight revenue revenue—— other All Total 1941*'''' 1942 $78,426,279 $80,067,520 $68,449,908; 10,734,255. 10,399,942 6,163,206 5,540,593 5,053,085 4,285,370 revenue-J— Passenger Years 1943 1944 $50,800,291 2,974,484 3,758,765 $94,701,127 $95,520,547 $78,898,484 $57,533,540 19,143,985 17,514,520 14,287,913 13,089,498 — Maintenance ' Deprec. chgs. and amort. 4,512,544 3,788,210 3,334,812 2,172,329 expense 29,468,794 27,969,908 25,005,541 20,270,706 expenses— 5,119,893 5,083,222 4,409,116 3,804,771 projects- defense of Transportation other All Net $36,455,911 $41,164,687 $31,861,102 $18,196,236 22,240,100 24,495,373 14,961,300 5,110,863 ' ^ ■. " rev oper. accruals and joint facil. tax Ry. Equip. ■ - 3,970,724 $9,114,649 746,431 674,003 $10,148,817 $12,541,208 $11,798,076 108,129 172,001 944,735 $9,788,652 78,751 $12,369,207 $10,853,341 $9,709,901 income non-oper. income ry, income deductions misc. 4,891,646 4,938.379 oper. Net Total 5,848,157 $9,277,432 $11,777,668 $11,051,645 (net) rents Inc. avail, for fxd. 763,540 871,385 ■ 278,205 366,500 364,039 2,104,031 2,138,328 3,783,496 30,253 5,454 9,111 69,053 debt——— ——— 10,822 — fxd. chgs._ $7,616,997 $9,967,038 contingent chgs._ 1,316,412 1,415,234 —- $6,300,585 $8,551,804 unfunded debt- on funded Total discount of Amort, j; 377,876 2,040,361 funded debt— interest™ on fixed Int. 7 equipment and Int. chgs. $10,040,688 roads Rent:■ for 'leased, after _ on /i i j.1-*""-1- • «J .v;:.:.' i-'—'. Cash * Net 1944 :■} t , ,-J-$220,992,394 6,045,674 — — — — IDr). receivable from agents and accounts receivable— conductors, Miscellaneous — Material and supplies—_5———— current fund Insurance Other dividends receivable— and deferred ——_ assets— —-— advances——— other funds-- Rents and insurance Other unadjusted — — .. 175,456 1,779,097 2,708,101 4,463,320 126,299 31,380 101,889 99,861 —— *2,597,397 —28,748 paid in advance—.——— 85,466 — assets-^i——^—— premiums debits—— Securities issued or assumed Total —- ——— receivable— Rents 28,161,500 9,326,259 -i. car-service balances balance . 'r. -...v.'r • — investments (reserve fund for taxes)— Temporary cash Special deposits Traffic and — $6,500,072 ,$5,532,113 r1'.. n $5,532,113 $8,279,460 1,779,388 General Balance Sheet, Dec. 91, ■ AsSetS Total. investments———-—,— Working 1971. payable Definitive bonds in coupon v" Co.— Otis Cooley & Co.— Other office or agency of com¬ form, registerable as to principal, in denomination of $1,000 and in fully registered form in the denomination of $1,000 and authorized multiples thereof. Redeemable before maturity, as a whole or in part on any date at option of company, and in part through operation of the sinking fund on Feb. 1 in each ypar commencing with the year 1947, on the notice Principal & 1,000,000 100,000 Phillips Co.— Burr, Inc; & Cohu Interest and 3%s, the only other submitted. Dated 100,000 100,000 Newton E. Byllesby Sc.Co., ,) Stuart & Co., Feb. 5 that offered $47,000,000 first mortgaged 3*4% bonds, series B, due 1971, at 99%% and accrued interest. The bonds were awarded to the group on its bid of 98.38. Halsey, Stuart, & Co., Inc., announced Jan. 5 that the offering met with a very favorable response and that the dealer subscrip¬ were Hano— 1,000,000 Inc._— —————:w-: Coffin 200,000 of Co. Omaha Newburger iCo. ;above.—V. 125, p. 1338. Offered—Halsey, Inc., headed an underwriting group Kuhn Loeb National 100,000 Net income— RR.—Bonds & 750,000 H. 150,000 Cabot—— 400,000 —— Burr & Co., 1,500,000 ; Miller Mullaney, Brown & Sons— Alex. 1 payable, $78,255; accruals, $9,838; income taxes (after U. S. Treasury Universal Atlas Cement Pierce, C. R. Braun, Monroe & Co.— accounts receiv¬ of See 200,000 & Beane & Moors 300,000 Total $243,033; cash surrender value life insurance, $41,486; merchan¬ mortgages receivable, $3,010,; post-war bonds, $17,514; real estate, plants, machinery, equipment, trucks (after reserve for depreciation of $616,464), $455,680; patents, $1; deferred for 100,000 Co._ CO,-—--—— & 2,500,000 Biddle, Whelen & Co.— Co W. 150,000 — Co- & Lynch, Fenner E. 100,000 Bear, Stearns & Co inventory, $278,998; charges, & S. Government able, dise Co._ Marx 100,000 100,000 The Bankers Bond Co._ Gross Sheet, Dec. 31, Balance and $200,000 Inc 100,000 Co A. E. Aub & Co & & Burns Corbett, $7,975,000 Allison-Williams Co and Federal and State shares. < ' 200.000 Amount Martin, Co. Inc. 260,000 ___ •After all charges taxes. 1941 1942 1943 1944 tEarnings per share on com. stock (no par)- $1,556,304 company's income for the nine months ended Dec. 31, 1944 and 1943, is not presently determinable, the management is of the opinion that it will not be material.• contracts ,, Amount Stuart Halsey, N. Y.—Earns.— Vogt Mfg. Corp. (& Subs.), Rochester, Dividends • , Virginian Ry.—Secondary & tion books Net the of names < ' •Loss. Wabash Net purchasers and the principal which they respectively have agreed to purchase are Harris, Hall & Co. (Inc.) 1944 • revenues 1, 1971. bonds, series A, due Jan. follows; as Inc. Chemicals, Inc.—Quarterly Statement U. S. Industrial Period End. Dec. 31— 101 Vi, at bonds of be provided by the com¬ together with funds to required, will be applied to the redemption on of the entire outstanding $47,354,300 first extent Underwriters—The amount Gregory $36,485 31,678 3 Mos. End. Dec. 31— Gas Producing Co. unreasonable" "not bidding. 29 a in Fort Smith and investment Stephens R. W. price Jan. and Southern United's to the company Co. Gas the 1, Co. a stock Operating 247. P. have declared 1944 on the stock outstanding before rights were as follows: March 1, June 1 cents each; and Nov. 1, $1.—V. 160, p. 2655. $7,554,271 United Public Utilities The to Farwell, Inc.—40-Cent Common Dividend— 15. Feb. Payments the 9,967,337 • 944,340 Island, and the Missouri Pacific. Purpose—Proceeds, $1,394,466 $1,974,587 $11,332,524 $11,361,803 869,907 N. Y., the lines of the company connect pany Clement Years End. Dec. 31— ■ Rock of 6% cumulative — income 161. $42,235 1,932,352 $1,936,260 etc., Atlas Atlas dividend of 40 cents per share on the recently Increased number of common shares resulting from the sub* scription by the stockholders at $10 per share of one new share for each 'share held. The dividend is payable March 15 to holders of 1943.—V; income dUCtions $8,067,465 $1,901,275 $12,907,051 $11,174,736 1,859,040 10,878,130" 9,780,270 $90,863 interest, Net of United GaiS 1,845,397 (net)— income $7,710,779 (natu¬ gas) Gross $1,418,205 $2,056,319 1,965,456 deduct. Net oper. revs, year, will manufacture Universal Portland cement, air-entraining cement, Atlas High-Early cement and per Duraplastic Mortar cement. Total (natural rev; oper. on 168,105 1944—3 Mos.—1943 ... ... Other 46.214 $1,679,786 ____ Income gas) $8,235,570 192,385 35,424 Period End. Oct. 31 >per. revenues President, Other income — surplus Balance $7,903,164 mi¬ to interests nority 3.794,102 $1,464,419 $1,715,210 applic. ,'• 3,833,612 916,234 907.442 Balance 5ortion Smith, S. plant, which has been shut down for more than a year, would again be placed in operation and will be known as the Osborn plant of the Universal Atlas Cement Co. It has a capacity of about 2,000,000 record Buffalo, from Lehigh Valley, the New York Central, the Erie while at Kansas City its lines join the Union the Caldwell (N. Y.)—Acquisition— Jan. 31 announced the purchase by this company of certain physical assets of the Wabash Portland Cement Co., located at Osborn, Ohio, consisting principally of lands, buildings and machinery embraced in the Osborn cement plant. Mr. Smith said that after extensive repairs and improvements, the $12,029,672 to public, etc., deductions 'otal been has Universal Atlas Cement Co. barrels extends company with the Lacka¬ and the Pacific, the Santa Fe, the Kansas City Southern, the Missouri-Kansas-Texas, the St. Louis-San Francisco, the Rock Island and the Burlington, and at Omaha connect with the Union Pacific, the Illinois Central, the Burlington, the North Western, the Great Western, the St. Paul, the Inc. 359.662 Net int. the and Y„ Boettcher and Co._ Hall, $11,670,010 (net) income Gross . Inc.—Controller Appointed— Management Engineer and Acting Controller for appointed Controller of this corporation and its subsidiary, the Trimz Co., Inc., William H. Yates, President, announced on Feb. 3.—V, 161, p. 248. R. months, The directors $2,365,313 $11,201,339 15,240 535,437 $2,601,765 revenues— oper. N. Chicago, 111. wanna, Co., 1944—12 Mos—1943 $60,580,924 $55,404,355 23,045,284 20,328,087 9,701,979 6,494,115 4,776,213 4,726,679 11.856,109 12.185,464 of railroad of rights over the Canadian National Rys. from Suspension Bridge, N. Y., to Windsor, Ont., opposite Detroit, Mich.) to Kansas City, Mo., Omaha, Neb., and Des Moines, la.; from Chicago, Ili., to St. Louis, Mo., and from Toledo, O., 7 declared a total in United Wallpaper, William Van Raalte Co., Statement (Incl. Sub, Cos.) line trackage (via Rock, Bioren (& Subs.)—Earnings— United Gas Corp. Operating „ representative of Fred Olsen company which operates a fleet of cargo vessels manager of the Norwegian Airline.—V. 161, p. 507. is the United States Agency Olsen main Y. Black mortgage 4% dividends of $4 a share on the 8% non-cumulative first preferred stock, $2 to be paid 011 March 12 to holders of record Feb. 19, and $2 to be paid on June 11 to holders of record May 21. These payments are to be made from net earnings of the company during the year 1944. One-half of the preferred dividend for 1943 was paid in that year, and the remainder was paid $2 on March 10 and $2 on June 9, 1944. One-half of the preferred dividend for Tj44 was paid during that year, $2 on Sept. 8 and $2 on Dec. 15, 1944i The directors also declared a dividend of 50 cents a share on the common stock, from earned surplus as of Dec. 31, 1944. This dividend is payable March 12 to holders of record Feb. 19. The company paid a dividend of 50 cents a share on the common stock on Dec. 15, 1944, from earned surplus of the company as of Dec. 31, 1943, making a total of $2 a share paid on the common stock in 1944.—V. 161, p. 609. Blaine Announcement the company 1941, April Alaskf^ifrom Chicago and points all along United s system would be reduced proportionately in the even the company is granted the route and its tariffs are accepted.- Official Resigns— 31, The N. to Fares The Dec. Pennsylvania, United Air Lines, Inc.—Reduced Fares to the and assets of Wabash Railway were 1941, and by deed dated as of acquired all of the properties of Wabash Railway and took possession and began operations on Jan, 1, 1942. properties the of all 1941, purchased at foreclosure sale on Dec. 1, At Buffalo, three initial prin¬ Company—Company was' incorporated in Ohio Sept. 2, 1937, for purpose of carrying out a plan of reorganization of Wabash Pursuant to the plan of reorganization, dated as of March to Co.—Trustee's & Improvement States Realty United The directors on Feb. Net tPreliminary figures.— carry-back of $500,765. tax a 1782. p. Operating revenues ?Profit before interest trans¬ from portation Inc. V. excess taxes Equip, 180,200,162 amount plus redemption premiums, the 5% and 2 Vz-fe, respectively, of the principal the 15, Preliminary — taxes profit after charges and Earnings per common tion. Net Co. $1944 1943 *$1,552,609 f$l,608,671 ' • $2,23 $2.31 carry-back credit, less post-war credit reduc¬ Calendar Years— Net •Ry. Foundry & Earnings- - 1944—12 Mos.—T943 1944—Month—1943 Pipe States United the cipal amount, plus accrued interest. Railway. Canada.—V. 147, p. 908. Montreal, P. Q., or Toronto, Ont., (Including Leased Lines) 7 outstanding the of at redemption premiums being first mortgage sinking fund 5% bonds due 1958 have been called for redemption on March 5, 1945, at 103 V\ pth) in'erp^t. Pavment will be made at The Canadian Bank of Com¬ merce in St. John's, Newfoundland; Halifax, N. S.; Saint John, N. B.; Union Pacific RR.«—Earnings— Period End. Dec. 31— and. Ltd.—Bonds Called— United Towns Electric Co., approximately All K-D Lamp company as of consideration cash a / throughout such V. for accessories, . .. Monday, February 12, 1945 FINANCIAL CHRONICLE THE COMMERCIAL & 708 : — (unpledged)—— ——. ^— : i 2,090,031 267,635- ———$279,080,507 Volume Number 161 THE COMMERCIAL & FINANCIAL CHRONICLE 4359 Liabilities— Capital debt Washington Water Power ^ \ stock Funded — Equipment obligations— Amounts payable to affiliated $89,182,917 — —— ... — unmatured 5,260,000 — — companies—^ L. Audited accounts and wages payables._— accounts payable—..., . Interest matured 3,067,227 267,908 1,017,401 25,733 unpaid—.-.———,—„ unpaid— ———*,■' Unmatured interest Unmatured dividends 1,114,270 1,399,633 accrued declared Unmatured rents accrued---——-u--—~ tax Accrued — ■ - - amortization of Accrued amortization of defense projects-—equipment Accrued depreciation—leased property— ———- Unearned surplus— . surplus—appropriated—— Earned Total . •Includes sible _ to - Government halted were The new complaint against the Okanogan District alleges that it is a public utility, since it is not subject to State and Federal utility regulation. It also is alleged that Okanogan intends to become a competitor of Washington Water Power, and the company has never been required to furnish electricity wholesale to a purchaser not $279,080,507 who intended representing revenues subject to pos¬ —V. ..... under pending agencies land to customers serve being now by the served priated—are total surplus being unchanged thereby.—V. 161, p. 609. L, letter Warner Bros. Pictures, Inc.—Annual Report— Fund Rents from Total ... Amortization who incl., Operating & costs roys. 26,217,i73 __4 partic— & 8,321,795 75,598,386 general expenses V Net income i-x— 31,045,685 . (net) 3,825 Provision for ; Profit *' taxes int. Asset 25,281,917 26,665,705 16,824,886 • . >jVs 1944, price of Wellington Fund shares increased from $15,78 payment of $1.15 share per dividends, in ; assets™. shown as Dec. 31, 1944 1.15 Dec. 31, Net. increase '- from Income 1943 15.78 __ „ — — dividends; Interest, Deductions Net . Excess tax.... profits Earned Net surplus begin of period disct, Profit 4,000,000 8,238,483 8,554,513 ... — affil. company— — Losses 28,871,802 — and capital provision for losses on (net)—— assets Dividends $450,558 . 5,000 income net $445,558 461,790 ... profit from security transactions— $1.87 $2.12 income for $616,303 in 1942 in respect of studio properties charged to film costs. {After deducting credit for debt retirement of $830,000 and post-war of $280,000. ttlncluding $72,500 loss on cancellation of lease. $ {Included in redemption price of preferred stock. refund $906,077 surplus, beginning of period— 43.887 Adjustment for accrued dividends of own shares sold.—.— 47,970 Prior period's adjustments ...37 „ Total surplus Dividends end of Assets—(j^sh, period $44,147 , end of period—. $662,095; $12,953,351 Consolidated Balance ' accrued at cost, and dividends receivable, $13,242,008; furniture and J$4$46; State taxes, ta^.es, $8,793; management custodiah .ana 'transfer agent fees, $6,830; accrued divi¬ share's^ sold (included in subscription price), $299; stock (par $1), $917,945; capital surplus, $12,953,351; earned own on Sheet 1944 Cash 9,927,170 and charges to in progress at cost Gross 3,508,160 1,246,323 2,321,977 Net 1,019,671 Net ry. 4,542,511 3,837,359 4,793,846 productions, at cost less amortization Production completed but not released, at cost- productions, 7,454,011 4,579,270 54,339,012 {,919,364 Released Productions 8,948,791 2,210,178 6,082,602 14,597,078 9,704,398 receivable— notes 6,721,716 49,752,155 •Buildings and equipt. on owned properties {Leaseholds, bldgs. & equipt. on leased prop— 45,073,787 9,596,565 Government Mortgages, receivable Deposits bonds—— (less to 3,619,945 reserve)—.— 10,470,692 2,167,678 profits 488,497 818,485 285,068 280,000 2,441,502 tax„ 1,135,000 2,389,571 ——1- from Net ry. 'r-. 8,933,781 Total 1942 8,403,226 Liabilities— payable payable Interest — accrued _ Amounts withheld Accrued Funded and debt, collected — 1,770,969 1,137,922 1,174,434 $2,384,101 365,381 2,597,864 7,601,820 *567,311 *18,224 railway oper. income etc., income from for Fed Govt. railway railway income™ 161, 50,360,509 38,537,321 24,089,163 20,652,533 22,545,844 10,333,606 18,431,417 16,109,884 9,108,052 4,223,986 7,331,658 248. p. Western Ry. of Gross from from Net Alabaman-Earnings— ry. 1944 2,535,000 4,372,'414 2,098,764 $457,242 $450,103 126,716 railway 138,861 46,786 railway oper. from income 34.462 Net from Net ry. railway 5,586,048 1,986,314 railway oper. income—. Funded and of subs. pper. other Deferred 1941 $442,030 $236,851 222,715 30,829 20.762 2,334 3,374,645 617,186 805,357 5,342,133 2,236,080 659,911 523,357 110,931 1,837,238 450,392 In for. territories. tt6,271,443 39,939 1,544,201 298,274 Int. Common stock ($5 Capital surplus Earned surplus -5,997,008 Qq.;, 40,850,099 732,123 — .* 639,805 2,592,153 cos.„281,596 19,006,723 57,371,956 with in reserve Vice-President of that company A. Williams, N. Western in 1943.—V. Union President. upon Mr. it Deegan the merger of Postal 183,785,207 181,654,773 for and $11,468,956 ' stock 1941 1942 $2,088,043 906,834 $3,679,769 *924,137 1,266,907 *224,^0-k. :*829,935; •1,563,029, ;j;645,369 ^ ' railway '4" V\': v. * / 34,627,272 11,982,504 . 20,163,863 7,385,987 4,801,729 35,655,474 17,052,953 10,572,126 4,354,593 : ,X/ : V, • • \ V L: '• • . Corp.—Earnings— 3 Months Ended Dec. 31— 1944 1943 $3,484,551 Completed sales Partly completed Total Net $4,173,947 6,435,946 contracts.. sales profit taxes 8,634,307 $12,118,858 $10,609,893 ........ before and income and profits excess before contingency charge (including proportionate profit on partly completed ; estimated for taxes— and war 864,348 1,763,029 1,280,500 60,000 —_— Provision for post-war contingencies— 612,000 .♦422,529'^S|52,-348 Earned per share booked during Orders Uncompleted •$150,000 to orders $0.45 included charged 1943-44 cancellations in sales year-end. price and sales $0.26 5,251,077 {20,012,307 quarter. not quarter. 7,560.031 20,930,994 {After reduction redetermination $259,834 during the of ' S. E. Lauer, President, states: , More than 88^ of the $20,012,307 uncompleted orders at Dec. 31, involved refrigeration and air conditioning related directly or indirectly to'the war effort. Orders being currently booked are folr lowing the same pattern. 1944, . , Certain elected have former have to the stockholders their courts who dissented from the and merger stock reopen appraised attempted in early December to the subject so that they would not be bound the appraisal award. In this action unwarranted statements were some of which were repeated in the public press. The United Circuit Court of Appeals unanimously dismissed their petition by made, States Dec. 29. on 1944.—V. holders The of or 161, p. 349. of $2,318,000 par value of first mortgage 5% bon£s, deposit representing ownership thereof, are being $1,000 bond or certificate by.Adolph Friedeberg, certificates of $280 for each Presi^enjv of Machine It stated become Bank 1,623 be must effective. of & Equipment Co. bonds or certificates, National : 70$ of the out¬ purchase offer to and certificates should be presented to Trust & Savings Association, Los Angeles. offered Bonds America Calif.—V. Tool that standing, total, by Feb. or the 21 for ' 141, p. 2132. 1944 •Profit from operations™ ISo^few has been elected a- director of this 1942 1943 $34,429,347 $41,963,798 $49,415,335 Prov. for deplet. of minerals and for Interest funded on interest Federal excess for income 2,326,397 5,525,000 tax__^ 2,411,494 " 4,920,000 $8,037,442 $10,305,706 4,992,000 5,850,000 {13,408,000 year-. per 11,998,135 other profits tax shares -s-:> 13,199,959 $7,944,922 and 12,929,298 2,180,128 debt charges. Federal normal outstanding share 1,675,008 $4.25 common 19,780,000 1,675,008 1,675,008 $4.31 $5.66 •After deducting charges for maintenance and repairs of plants, etc., and after deducting $1,600,000 in 1944, $1,650,000 in 1943, $3,250,000 in 1942, and $2,000,000 in 1941 provision for contingencies. {After giving effect to post-war credit and for credit for debt retirement. Note—No provision has been made for of renegotiation.—V. 160, p. 2447. company and the .J *Vf' ' rjj (and Subs.)—Earnings— 1943 1944 1942 $3,372,908 inc. & exc. profits taxes——„3,466,390 2,072,787 954,403 $1,300,121 $1,055,706 j f f $2,010,109 Fed. Net profit $1,437,722 tEarns per com. share. depreciation, Federal income taxes excess ^ 1941 $1,150,073 ; $2.92 excise and .$2.64 and $2.14 395,540 . '$754,533 $1.53 but before provision {On 492,464 shares of .:, .■ reserves, profits taxes. capital stock outstanding, Director- any^jlpssible liablity in respect $4,904,112 for Estimated Union & Signal Coi He is also director of the Manufacturers Trust the American Express Co., Lehigh Valley RR., the National Iron operating profits for the first three months of the period amounted to $2,533,263,-before provision * for Federal income and excess profitS:;t.4xes<".ftmGtftffcihg to $1,466,985, while estimated operating profits for th«j.test threh.inPhths of the period amounted to $2,370,849, before net excess profits taxes of $1,999,405. ■ i'- Bank of Morrlstown, N. J., Manning, Maxwell vfc Moore, Inc., and the Magor Car Corp., and Chairman of the board of the American District Telegraph Co.—V. 160, p. 2656. ^ , • War The Out&uf: tJp IoM— corporation's production of v?ar equipment in 1944 was 'almostj i'943, it \vals Announced oil Jan. 29 by Commander E. Fr McDonald, Jr., Presidentj as the company was awarded for the fifth double that ofr Wickwire Spencer Steel Go.—New Director-— time the Army-Navy The company on Jan. 25 announced the election of Robert T. Dunlap a member of the board of directors. He is also Vice-President in charge production and will continue td make his headquarters Buffalo, N. Y.—V. 160, p. 2796. of in tAfter reserve for depreciation 1944 from •After 161^^ 248. Albert Nathaniel Williams, President of the Western Union Telegraph 19,006,723 depreciation of $41,278,642 in 1944 and $42,144,975 and amortization of $11,912,in 1943. {Including 100,255 shares of common stock carried at $1. ttlncluding bank loans of $2,125,804 guaranteed by Warner Bros. Pictures, Inc. t$After deducting U. S. Treasury notes of $13,165,619.—V. 160, p. 2447. 1943. 126 by Svritch 21,918,340 ___ — ♦After in a recently Westinghouse Air Brake 57,371,956 28,871,802 : 100Vo to $904,692 35,998,193 13,262,449 •Operating profit 299,459 par)-.— —— 45,544,196 2,582,543 ____________. subs. became as Total announced Co.; long-term debt— $0.77 ■ 1943 • $3,137,044 1,050,428 Zenith Radio Corp. business, 2,226,424 contingencies of minority stockholders in effect $636,193 • 299,760 William J. Deegan, Vice-President of this company and former President of the Postal Telegraph System, retired at his own request on Jan. 18, after 46 years of service in the communications 4,136,763 for - ry. oper. income™ 4,268,574 •Deficit.—V. 161, p. 148. 2.466,901 1,954,111 • ma¬ —L credits Reserve 1944' railway railway 6 Mos. End. Oct. 31— 1,623,408 5,213,706 year $0.92 Net Earnings 1942 5 —V. 161, p. 148. 10,431,769 Owing to affiliated companies Royalties and participation payable Advance payments for film, deposits, etc.—. Current liabs. Net Common 1943 From Jan. 1— Gross 6,239,595 contractual obligations one $0.27 Preliminary Consolidated Earnings for the Year Ended Dec. 31 52,849,947 oper. December— {{6,531,094 —— • . $0.56 from railway Profit was taxes— Mos,—194^ $764,656 deprec. of plants and equipment. from — .—— Federal nuring :within ...... .... liabilities Reserve for ™_ 2,525,000 3,887,145 ——.p—' 1944—5 ■ $223,280 From Jan. 1— 1941 $3,962,744 183,785,207 181,654,773 Accounts 1944—3 Mos.—1943 Youngstown Sheet & Tube Co. (& Subs.)—Earnings-^ 1943 $4,632,710 Western Union Telegraph Co.—Retirementr— Notes m $461,001 share com. from from Gross Earnings1944 $4,656,438 railway.. •Deficit.—V, 1,020,037 271,121 _______ rent and other exps. excess Prepaid taxes, insurance, Net 50,708,125 570,327 * investments from Net contracts secure Post-war refund of Goodwill __ long-term notes & special accounts {Miscellaneous Net From January 1— _ ——— S. Gross future — Rights and scenarios unprod., at cost less res._ Raw materials, accessories, supplies, etc.— Current assets of subs. oper. in for. territories Investments in affiliated companies—— Land, at cost U. Gross 1 December— 19,260,982 — — and 1, April 1, 1943 Western Pacific RR. Accounts per offered $24,146; capital Feb. Yosemite Valley RR.—Offer to Bondholders— '■ surplus since July 1, 1939, $44,147; total, $13,959,856.—V. 160, p. 2585. ! on Yazoo & Mississipi Valley RR.—Earnings- . Dec. 31, 1944 interest marketable investments $1; total, $13,959,856. Liabilities—Federal fee, 953,824 ... Balance Sheet. $55,753; fixtures, $997,971 : paid Surplus, dends made in 1944 •On 829,846 common shares (after giving dividend paid Dec. 2C, 1944) V. 160, p. 2656. — $2.20 $170,000 credit for debt retirement and $845,000 for post¬ refund. fOther than $589,580 in 1944, $591,989 in 1943, and 1,270 period—. Earned Capital surplus, •After war $907,348 17,410,973 — share.— common Net 383,528 21,918,340 income Provision for Pennsylvania corporate net income tax..... 734,951 — 28,871,802 surplus per 18,529,452 287,011 3,444,106 ... —_ Earn, 15,649,456 —~— preferred stock {{Accumulated dividends on Earned 3,167 .. 1 Total 9,322,959 648,813 17,410,973 21,918,340 red.— bonds on sale of on 19,990,000 ! were charges 131,904 profit Total 4,250,000 *9,135,000 —- 'J Net profit 3,900,000 J-;-;' (Rudolph) Wurlitzer Co.—-Earnings— due 4,000,000 . 1943 £5,203,654 £5,869,645 1, Aug. l, Oct. 2 and Dec. 1.—V. 160. p. 2337. Reserve etc..——$582,462 1 Ordinary Net 5,193,455 tt4,537,222 6,953,462 tax income 1945. Distributions of 50 cents each June contracts) Provision for Federal income taxes: Normal 2, $2.97 ..:-V —, Non-recurring legal fee for prior year taxes 20,373 1&44 • $18.75 value s —. of purchase directors on Jan. 30 declared a dividend of 50 cents per share, payable June l to stockholders of record May 19. A like amount was paid on Feb. 1, this year, and another of 50 cents is payable on April $17.60 1944 Statement of Income, Year Ended Dec. 31, 1944 Federal & —— to . December— 31, on Dec. 31, paid, during 16,206,531 618,355 or that exhaust to Note¬ year. Total 827,262 an¬ (Wm.) Wrigley, Jr., Co.—50-Cent Distribution— York value Asset 25,838,443 profit applicable to stockholders (net)——_ fixed the through shareholders in the Wellington new Dec. at resources after $17.60 Dividends 919,570 — also were The below: 24,553,949 4,588,213 2,934,205 825,000 received profit before provision for taxes 159, p. 488. Per share ——— ——— of on to 64,680,384 24,362,347 — _ minor, bef. income Proportion minority Losses — — —— income —V. Net ry, oper. income.^ The market 26,221,219 3,815,992 4,537,394 2,457,738 15,387 contingencies.—.... Profit Other holdings amounted to $16,138,945, compared to $10,410,236 1943. Dividend distributions'for the year aggregated $953,824, or $1.15 per share. 10,836 47,341 4,480,863 2,183,263 _____—___—,___ expense their increased * Minority interests' share of profit{Amort. & depr. of properties— Interest 32,891,752 rates (F. W.) Woohvorth & Co., L(d., England—Earnings- 1944, Walter ———— Foreign exch., loss & exch. adjustments 23,668,728 6,053,497 69,211,563 reporting the results for too, Total (3) 141,183,039 131.825,541 119,271,544 film of Other costs, Report— history. income _ remainder Year Ended Dec< 31— (2) New capital paid into the Fund in 1944 amounted to $4,368,542. 136,123,380 127,251,778 114,948,331 tenants & royalties-— 4,323,213 5,059,659 4,573,763 miscel. & the use ___—____ 1944 produced the largest growth of any year in the Wellington (1) Film rental income, theatre admis¬ sales not were , Net profit after and taxes Among other achievements he cites the following: $ $ to offers 508. Net states that in this 1944 report perhaps the significant fact is the great number of present and is the gain of 2,500 Fund during the past year, Aug. 31, '44 Aug. 31, '43 Aug. 31, '42 sions, Inc.—Annual stockholders, outstanding worthy, Account $ to President, Morgan, shareholders Years Ended— dividend lower stock in the open market, if obtainable below par and accrued dividends, or to call some by lot. The proposed price of $100.50 is equivalent to the redehiption prices ($100) and accrued dividends to Feb. 28.—-V. 161, •Earns, his In most Income Fund, Wellington earned Consolidated expects it sufficient Period End. Dec. 31— grant rate surplus accounts—appropriated and unappro¬ subject to adjustment as between the two accounts, the , amount, company. adjustments. Note—The a If 161, p. 248. .4-; — of $2,155,596, reserve refund by a Washington Supreme Court tempo¬ rary injunction granted citizens of the county and Washington Water Power. Extension of this temporary injunction was to be heard Feb, 9, preliminary to Supreme Court hearing on authority of the Commission to create debt in excess of the amount provided in its original resolution. Proceedings 94 8,922,166 11,203,318 . Earned surplus—unappropriated $500,000 more bonds than this price, designed to fund certain expenses some minor additions. 1,978,259 100,359 8,344,403 84,404 — Accrued depreciation—miscellaneous physical property Other unadjusted credits— —: — of issue company said it would" receive tenders of stock at $100.50 share until noon, Feb. 28, sufficient to exhaust the sum $5,000,000. p. matter. and 373,863 140,828 40,358,435 liabilities.^——-.i—„ defense projects—road Accrued depreciation—road and equipment— —-——— Accrued less January, 1943, an Okanogan County jury set a price of $2,227,531 properties sought by the FUD. Commissioners later moved to issue on 304,962 - Deferred new a The In 343,682 .-i-.--—31,815,172 liability.——- Other current liabilities the over wnn nounced. Demanded— as Arguing that there must be some limit to the powers of a public utility district in the State of Washington, the company has brought suit in Washington Superior Court against Okanogan Public Utility : District to determine whether it must sell power wholesale to the District as demanded. The District already is seeking to acquire Wash¬ ington Water Power facilities in its territory, but it still is in litigation 81,473 ——_, Miscellaneous Dividends matured District Plans for additional purchases and later replacement of the remainder Co.—Sues PUD—Seeks to Determine Whether It Must Sell Power Wholesale to the 73,694,000 709, Wilson The Go,, Inc.—Seeks to Retire Stoek^ company proposes to cumulative preferred stock retire in $5,000,000 of its outstanding 6% inviting tenders from shareholders. production. "Cutbacks "E" production award for outstanding services in 1 and completion of contracts prior to the German break¬ through in December caused some tapering off of production in the latter part of 1944," he said. "Since then new orders for vital radionic equipment have been placed with us by the Government, and schedules on some existing contracts have been sharply increased: These new demands for vital war equipment will require, when tooling is completed, full use of the company's facilities and manpower."— V. 161, p. 349. ^ Monday, February 12, 1945 State and City Department BOND PROPOSALS AND NEGOTIATIONS > . , movement, however, has not been ALABAMA level advance of the whole list a Bessemer, Ala. but Bonds Publicly Offered—Offer¬ issue of $1,150,000 first mortgage water revenue 2%%, 2% and 1%% bonds was recently made by a banking group composed of R. W. Pressprich & Co., Shields & Company and ing of a new & ■which mature bonds 2%% The Co. Marx Jan. from 1946 1, to 1960, inclusive, are priced to yield from .50% .to L80%; the 2% bonds, maturing in 1961, are priced to yield 1.80%; and the 1%% bonds maturing from 1962 1975, are priced at 100 to 95 plus accrued interest. In the opin¬ to of ion counsel, the bonds are in¬ exempt from all present terest Federal from and taxes income and all Alabama, county, mu¬ nicipal and other taxation under any the laws of the State. inclusive, 1960, 1975 notice the City on 30 days' or on / re¬ before Jan. 1, 1950; redemptions made be¬ for fore Jan. bonds for 103% at deemed 102% 1961; to subject to redemption at are the option of after. from 1946 non-call¬ are from Maturities able. less spotty. or 1, 1955, and 101% there- , (Report of award of the bonds to the underwriting group ap¬ peared in V. 161, p. 610.) continued have like the proximately Concord Ele¬ mentary Sch, Dist. (P. O. Martinez) Calif. ap¬ with fair. On the speculative city investor demand only bonds continued have to of kind of levy, other than some ad valorem available tax to taxes, being made the cities1, possibly State- wide. sales which the present State part of some to a does not appear and mote at best weak a awarded on bonds of two issues 6 Feb. follows: $250,000 Clear¬ water School District as 2s, at a as price of 101.686, a basis of about 1.85%, and $80,000 Mountain View School District as IV2S', at a price of 100.90, basis of about 1.339%. a School Clearwater $250,000 trict bonds. Due Dis¬ Feb. on 1 80,000 Mountain District issue constructive and conservative State government. In his inau¬ gural address the new Governor clear that increase in taxes. of gov¬ increase means In other words, if more is to be spent more must be a fact that many people, raised; appar¬ Since our last bulletin was writ¬ The printed approving opin¬ ion of Chapman & Cutler, of Chi¬ cago, will be furnished by the Dis¬ trict. for semi-annual works and water refunding, 1939 bonds numbered from 441 to 520, aggregating $80,000, are being called for payment on March 1, on which date interest ceases. Due Sept. 1, 1946. Bonds payable the Exchange National Bank Colorado Springs, or at the Chase National City. ' Bank, New York y splendid record since its original refunding and< should continue its rapid progress under the Offer Traction been absorb had its earlier proposition been accepted. The city would issue transit reve¬ nue obliged January devoted market their bulletin to Florida municipal bond A. B. Morrison & Co., issue of Miami, report the following: Florida municipal have continued to bond move up the last thirty days. to certificates to ... prices during the finance deal, acceptance of which is sub¬ ject to approval of the elecorate. Mr. Harrington voiced the opinion that the necessary ordinances could be approved by the City Council in sufficient time to per¬ mit referendum a ' I Warrant the the project judicial election. on will be (P. Chicago), III. Offering—Sealed received until 1:30 O. Bank of Kewanee, as 1 Vss. Dated 1, 1944, Denomination $1,000. Due on Dec. 1; $4,000 in June 1945 to p.m. der the at ship. successful the to No conditional bids will be considered. check Enclose for $500, time payable 161, the — $200,000 offered National Feb. fore Dec. 31, 1945. Indianap¬ County (P. O. olis), Ind. will at Contemplated— the revenue considered be election an of issuance system to by the held be sometime in March. Bonds All Nicolaus & nounced on Co., authorized be $300,000 loan temporary current make to to pay , in evidence of said loan. Chicago, the issuance of $370,000 \Vz% of 104.50 and accrued interest. Re¬ dian Creek storm port of purchase of the issue by bond house appeared in v. tion said to have approved sewer Fort purchased were recently Nov. 1, 1944. It is also reported 31/2% semi-annual the by Shell Oil Co. of New York. Dated that $31,000 works water purchased revenue some bonds were time back by the Nov. 1, approved as to legality by Charles & Trauernicht of St. Dated Bonds Defeated—At Jan. on 23 swimming -pool coupon 161, v. the 509—were awarded p. Carleton Beh D. Co. of to Des IV4S, at a price of 100.529, a basis of about 1.19%. Dated May 1, 1945. Due $1,000 from May 1, 1946 to 1962 inclusive. Second best bid was a joint offer of 100.514 for DAs, by the Fort Dodge National Bank, and the State Moines, as Bank of Fort Dodge. Iowa * of an election the voters failed the approve semi¬ $17,000 (State of) issuance the of Income Tax Reduction— Governor Robert D. Blue has an¬ 50% he that nounced would sign the bill passed on Feb. 2 by the Legis¬ lature, extending for another two a 50% reduction in the years ing to report. State income tax. Bond Offering—Sealed bids will p.m. on 17, by Trustee Pat Pensinger, for $37,200 issue of building bonds. Interest rate is not to exceed 41/2%, payable J-D. Dated Dec. 15, 1944. Due as fol¬ lows: $4,000 June and Dec. 15, 1946 to 1949, and $4,000 June and $1,200 Dec. 15, 1950. Rate of in¬ terest to be in multiples of V4 of 1%, and not bidder. more than to the highest responsible bidder with the notice of sale. will be the one who offers the lowest net interest cost to the School Township, total interest to their maturities and deducting therefrom the premium bid, if any. Said bonds are being issued under the provisions of Section 65-313, 1933, for the pur¬ of providing funds to pay the Township's share of the cost, pose (CWT), on Feb. 23, by J. J. Sul¬ which, with the proceeds of a livan, Clerk of the Board of Trus¬ grant from the Federal Govern¬ tees, for the purchase of $4,800,000 ment, shall be used for the build¬ corporate purpose tax anticipation ing and equipping of a six-room warrants. Denomination $1,000 grade school building in said and multiples thereof. Principal School Township. Said bonds are the <iui M " '/direct • obligations Sale—The Bond • $125,000 of 1, 1 both of. Chicago, as a price of 10(b£01, a about 1945. Redeemable 1, 1.105%. Due in 1955 to on 1958 inclusive. and on Dated $140,000 after March 1949. The next highest bid was a joint by the Chemical Bank & offer Trust. Co. of New York, the Mer¬ cantile-Commerce Bank & Trust of St. Louis, and Steiner, Co., of 100.062 for 1.20% MAINE Port of Portland Authority (P. O. Portland), Me. Pier Bond Legislation constitutional Intro** amend¬ raising the State's debt limit $10,800,000 and authorizing a $10,500,000 bond issue for building by a modern two pier system, including piers and a fish commercial pier, at Portland, was proposed in legislation filed by Senator Ar¬ thur G. Spear, of Portland. MASSACHUSETTS Brockton, Mass. Note 000 Sale—The notes issue offered of $500,7 was Feb. National Bank, of Boston, jointly, at 0.365% discount. Other bids: Merchants National Bank of Bos¬ ton, 0.374%; W. E. Hutton & Co., 0.376%; Home National Bank of Brockton, 0.38%; Goldman, Sachs & Co., 0.3875%; Leavitt & Co., 0.412%; First National Bank" of of the ; oj Feb. 8, 1945. ori Due Payable at the National Shawmut Bank of Boston. Everett, Mass. 3% semi-annual water works revenue bonds offered for sale on Feb. 5— Note Offering — Raymond City Treasurer, will Davis, p. 611—were awarded to Bankers Bond Co. of Louis¬ ceive ville, the only bidder, at a price of 103.00, a basis of about 2.71%. Dated Jan. 1, 1945. Due on Jan. chase 161, v. the 1 in 1948 to 1965. LOUISIANA Calcasieu Parish, (P. O. Lake Charles), Feb. 5 the of issue an voters La. election on approved an bonds. of struction authorizing the sale in bonds for the con¬ industrial an school juvenile delinquents in Baton Rouge Parish will be for Negro presented to the Board of Liqui¬ dation for its consideration when it meets in the near future, P. A. Tugwell, nounced At ings the State on Treasurer, Jan. same a Until 15 $500,000 for 11 a.m. the pur¬ notes. Dated Shawmut Bank of Bos¬ Hampden County (P. O. SpringHeld ), Mass. Note Offering—Philip V. Erard, sealed 14 for bids untii noon re¬ on the purchase at dis¬ count of $250,000 current year revenue anticipation notes. Dated Feb, 14, 1945, and payable Nov. 7, 1945, at the First National Bank of Boston. Legality approved by Ropes, Gray, Best, Coolidge & Rugg of Boston. Holyoke, Mass. Note cey, Offering—Joseph E. LuCity Treasurer, will receive sealed bids until 11 a. m. (EWT), purchase at discount of $600,000 notes. Dated on Feb. 13 for the sale of an in bonds for the Feb. 15, -1945 site for the new 1945. authorizing of an¬ 30. meeting proceed¬ additional $28,000 purchase bids Feb. ton. Feb. (State of) Bond Offerings Contemplated— of $350,000 on of Feb. 15, 1945. Denominations, $25,000, $10,000 and $5,000. Issued in anticipation of 1945 revenues and payable Nov. 9, 1945, at the ceive Proceedings East (EWT) M. re¬ school building Acting County Treasurer, will $45,000 Louisiana sealed National Gillis School Dist. Bonds Voted—At to determined by computing the on all of the bonds be Buechel by each who has submitted his bid in ac¬ cordance Water (P. O. Louisville), Ky. in¬ one The bonds will be awarded The highest bidder Co unty, District Feb. the purchase of a terest rate shall be named cost Nov. 15. Jefferson South Bend), Ind; until 2 Corbett, lVsS, paying Dated KENTUCKY Clay Township Sch. Twp. (P. Q, received bonds offered on Feb. 6—v. 161, p. 149—* awarded jointly to the First National Bank, and Martin, Burns were Boston, 0.42%, plus $5 premium; INDIANA be $560,000 semi¬ belt awarded to the National Shawmut Bank of Boston and the Second Legislature Approves Extension O. Argo)i'III. (P. Sale—The ment bonds offered for sale on Feb. 6— \;;l: Louis. Summit annual •> - Orleans, La.,.,. public duced—A Dodge, Iowa Sale—The Bond is reported that $19,000 3%% semi-annual refund¬ ing- water works revenue bonds Bond annual In¬ refunding bonds. 161, p. 250. sup¬ for sale construc¬ the Roxana, III. New City Authorized—The Council is various on limited A the corporation's Nashville of¬ Council Bluffs, Jowa bridge revenue re¬ funding (Centennial Bridge) bonds had all been sold at a price Bonds run bonds. an¬ 3% State pamphlet is pamphlets fice, 322 Union Street. Co. IOWA bond the available for distribution are Rouse & that the $2,- Bond Sold—It has States. a operating expenses arid to This Southern March it and for series of a Equitable County Council is said to considering the request of the County Board of Commissioners Sold—Stifel, Jan. 31 Louisiana. March that pamphlet a structure calendar the latest in Contemplated issue tax anticipation warrants Rock Island, HI. Bridge of compiled debt ^maturity net be that has the & Marion Election water ration on 6— of East Bank . ' Prepared —The Equitable Securities Corpo¬ awarded to 509—were p. First consideration. Bond Structure Study at Ind. The Chicago, at 1 ll\ % interest. s Dated Feb. 14, 1945, and due on or be¬ Pinckneyville, III. 376,000 the to -—The said for ply Chicago, Sale warrants ,1952, and $5,000 in 1953 Bond bonds certified a School Township. Temporary Loan voters bid¬ of the Town¬ expense to 1957. is all of the Shreveport Charity Hospital will brought before the Board also be .... furnished v. semi-annual judgment bonds were sold some time ago to the Peoples National Burns Statutes bids The upward and interest payable at such place that stated city is prepared to Chicago Sanitary District Florida (State of) Market Review—In is $25,000 fire station bonds, accord¬ have since paid back taxes in that amount which the city would have ~ Bond Sold—It on property within the School Township. The approving opinion of Ross, McCord, "Ice & Miller, of Indianapolis, will be / East $57,000 funding held for levied and collected taxable check Kewanee, III. Bonds to Makes New Township, payable out of Warrant new. ILLINOIS School unlimited ad valorem taxes to be $50,000. drop litigation pending against the City. Fort Myers has made a at the June 4 FLORIDA certified a Both issues System—The water revenue Enclose pay Colorado Springs, Colo. Call—The city's 1 Vs % and at par rate of interest. one company. 1947 Bond entire warrants and the 1944. Feb. COLORADO than same on Due less the No does that purchase improvement $9,000 in bonds. follows: as School to ten, Fort Myers has signed a re¬ funding contract, an essential part of which was the agreement to Chicago, III. View considered at not It $88,000,000 for the local sur¬ to 1954, and $8,000 in 1955. face and elevated rapid transit sys¬ Denomination $1,000. Dated tem incident to plans to acquire Feb. 1, 1945. Principal and inter¬ the properties and unify them into est. (F-A) payable at the County a municipally-owned system, ac¬ cording to provisions of a new Treasury. plan of purchase recently made Pomona, Calif. known by Phillip Harrington, city Bonds Voted—It is stated by commissioner of subways and su¬ Mayor James B. Pettitt that at the perhighways. The latest offer election held on Jan. 16 the voters represents an increase of $2,500,approved the issuance of the 000 over the original proposal and, $250,000 sewer bonds. according to report, results from the fact that the elevated lines of offer be $100,000 boosting prices on many levels. Florida's new Governor, Millard F. Caldwell, took office Jan. 2. From his character and previous record it appears the State will have another four years of able, 1970, all inclusive. at not of these bonds to present $11,000 in 1947 1956, and $10,000 in 1957 to to on will follows: as 1 bid ment for election will an for all of the warrants. same argu¬ ently, have difficulty in compre¬ hending. While the State is in the be called in the near future on the best financial position, by far, in issuance of $170,000 construction its history, with large cash balances in the various funds, it bonds.appears evident that no money is Los Angeles County School Dis- going to be spent unless necessary < tricts (P. O. Los Angeles) and for the good of the State and Bond Sale—The Security-First unless means for financing such National Bank of Los Angeles was expenditure are clearly shown. reported that Bidders to name the in multiples of one-eighth of 1%, and must be the interest of rate antagonistic. We still feel, how¬ ever, that such possibility is re¬ Bond Election Cohtemplated—It is purchaser. up. go Apparently prices of this class of bonds are still based on the hope ernment activities Contra Costa County, at levels former other hand many made CALIFORNIA For ex¬ obligations of cities, schools, and Administration bonds maturing The to more ample, Miami recently sold water revenue bonds (a gilt edged se¬ curity) at an interest cost of 1.89% to the city, much higher than anticipated. On reoffering by the underwriting syndicate the bonds were quickly sold. But road bonds and the better grade of general and warrants will be dated as may be agreed upon by the District and the and due Nov. 13. Volume Number 161 Massachusetts , THE COMMERCIAL & FINANCIAL CHRONICLE 4359 able municipal bonds aggregating $3,102,000, the of the various blocks of following is a list of the awards: $1,591,000—San Francisco, Cal. Bankers Trust Co., Smith, Barney & Co., R. W. Pressprich & Co., and Keah, Taylor & Co., all of New York, jointly, at 146.687: Sewer 4s due Dec. 1, 1961. Spring Valley 4 V2S due July 1, 1955 to 1970. Water 4V2S due July 1,1957 to 1964. Hetch Hetchy 4%s due July 1; 1956 to 1977. City Hall 5s due July 1, 1955 to 1960. Hetch Hetchy 5s due Jan. 1, 1964 and 1969. School 5s due Mar. 1, 1964 to 1967. Hetch Hetchy 5%s due June 1, 1956 and 1960. 3,000 $ 692,000 164,000 521,000 40,000 16,000 55,000 100,000 To t. , Moynihan Pending court rulings on the constitutionality of Ithe ordinance the city had made no employed in the financing of unemployment benefits and capital improvement projects in the post-war period. 13. 530,000 ' Public 10,000 AiBurr/all of jointly: at 132.357 " ' - . , " ■ . at 124.746 1950 to 1955. and Braun, Bosworth & Co., Inc., jointly: Park 4%s due April 1, 170,000 To the First Boston Corp., at 144.32 ■ 10. 1956 to 1964. Water 5s due July 1, 70,000 at 145.83 : 11. 13,000 •To llarriman Ripley & Co., ; 14. 1, 1955 and 1956. Water Works 5s due June Water Works 5s due Feb. 1, 15,000 1964 and 1965. Contemplated— Issuance the that said is City Commis¬ ordinance authorizing a $960,000 issue of water works system bonds. If, within thirty days from Jan. 29, a petition is filed with the City Commission signed by 10% of the registered electors of the City re¬ questing the submission of the question of the issuance of said bonds Inc., and Associates: at 156.75 the Public Hall 5s due Mar. 1, City's Port. St. Imp. and 25,000 It sion proposes to pass an bonds to vote of the electors, said , , , Bond , 1, 1953 and 1957. F. S. Moseley & Co., Salomon Bros. & Ilutzler, Shields & Co., all of New York; and Paul II. Davis & Co., of Chicago, jointly: 6. will authorized be not by approved unless Commission Hospital 5 V2s due Mar. 1, 1952 1. 43,000 2. 72,000 Land Purchase 4^s'due 7. 25,000 Park and City's 10,000 Police Dept. 51/2s due at , . ' ; passed for ; 1958. ' i , , ' at 131.78 . 15,000 County (P. O. East Cambridge), Mass. Note Sale—The $725,000 notes offered for sale on Feb. 6—v. 161, 6ii—were awarded to the Na¬ tional Rockland Bank of Boston, at 0.239% discount, according to the Acting County Treasurer. Dated Feb. 9, 1945. Due on Nov. 6, 1945. Among the unsuccessful bids were the following: p and Waltham Bank Newton & Trust Co.- .30% —— Boston "L,—' Boston. Safe —— ;i .3.24% ' Deposit & Trust Co., Second National Bank, Boston, and jointly (Plus $6.00) Union National Lowell > Feb. — .33% .336% .— Harriman Ripley & Co., be received, Inc. .35% New Bedford, Mass. . until 11 a.M. (EWT), Feb. 12 (today), by William R. be received on for the purchase of $500,000 notes. Dated Feb. 13, 1945. Denominations $25,100, $10,000 and $5,000. Due Nov. 7, 1945. Issued in anticipation of revenue for^the year 1945. Pay¬ Freitas, able City at the Bank of ready for * Treasurer, National Shawmut and will be Boston,. delivery on or: about bids Sealed — until 7:30 p. m. on Feb. 19, by Gladys City Clerk, for the pur¬ (EWT), Holmes, 0.354%, by the Merchants National Bank of Boston. The notes are dated Feb. 6, 1945 and mature on Nov. 6, 1945. Denomi¬ offer of Payable at or at the Bank of Bos¬ Central Hanover York City. +he Bank & Trust Co., New Sale—An issue of $500,000 Note note was First awarded National 0.324% at Feb. 7 Bank to of Bos¬ Due in Other bids: Na¬ discount. about 9 months. tional on Shawmut Bank of Boston. 0.365%; Second National. Bank of Boston. 0.365%: Merchants Na¬ tional Bank. Boston, vitt & 0.374%; Lea- Co., 0.399%. $50,000, Denominations and $10,000. Due on Nov. $25,000 Dated Feb. 8, 1945. 5, 1945. Payable at the First National Bank of Boston, or at the Central Hanover Bank & Trust Co. of New York. $600,000, due April 1, 1966 to 1969, callable on any interest date on or after April 1, 1965. rates of interest to be in of Rate Or multiples exceeding 3% from March 15, 1945 to April 1, 1951; 3V2% thereafter to April 1, 1957; and 3%% thereafter until paid. Principal and interest pay¬ able at the Detroit Trust Co., Detroit. General obligations of the City, which j,s jaythorized and required by law to levy upon all the taxable property therein such of 1/4 1%, valorem ad not taxes as may be Callable in inverse numerical on principal any or¬ that ness" of $40,000 Second 1.151%. of indebted¬ 6~to the of sold'orT Feb. of Bank the Ely, only bidder, at 4% interest. Dated able of as Due office 4 the at time the Dec. 31, on will awarded be Whose amount. bid to The the bonds of issu¬ 1945. Pay¬ City the of Treasurer, bidder be to and interest on bonds will computed from March 15, 1945 maturity on non-callable bonds on interest 1, 1964; and there¬ any and the on to ensuing redeem all of Sept'/ March the 1, 2y2% bonds becoming optional on such ensuing March 1, according to the above schedule. Should all of the 21/4 % bonds be redeemed through the operation of the Sinking Fund, provided, 2V2% before all of the redeemed, then bonds the 21/2% are bonds shall become re¬ deemable, in the inverse order of their respective serial optional the same terms prices as the 2*4 % bonds.4 Principal and in¬ terest (M-S) payable at the Union dates, and by lot, at the on same Planters National Bank, of Mem¬ the at or Marine Midland Co., of New York. bonds issued are These under received, until 8 p.m. on Russell Carroll, Vil¬ lage Clerk, for the purchase of $50,000 coupon water tank con¬ struction secured by a Trust Indenture Offering bids Sealed •— be 20, by bonds. Dated March Denom. $2,500. Due $2,500 1, 1945. 1966 incl. Prin. and int. in 1947 to payable in Minneapolis or Hopkins. Legality approved by Dorsey, Barker, Colman, Scott & Barber of Minneapolis. A certi¬ (J-J) for check fied 10% must Itasca (P. Q. Grand Rapids), Minn. Certificate Sale The $200,000 fered gality 5—v. Minneapolis, at 1V4%, the only received, according to the July 1 and Due $100,000 on Dec. 15, 1945. on approved Lincoln County Independent School District No. I (P. O. Stephan), Minn. Bond Sale—The that $36,000 public improvement bonds have been purchased by Kings¬ bury & Alvis of New Orleans, as iy4s, at a price of 100.17. MISSOURI Clayton, Mo. St. Louis Warrant semi-annual fered for & sale Co. Minn. Park, — sewer on 252—were Dain was Sale The Feb. 5—v. awarded to of¬ 161, J. M. of Minneapolis, as iy4s, paying a price of 100.64, a basis of about 1.16%. Dated Feb. 15, 1945. Due $1,000 1947 best bid to was son-Williams for iy4s. an 1958 on incl. Feb. 15 Next offer of the Alli¬ Co., a call an Contemplated— election in the voters planning to April at which would be asked Normandy Consolidated School District, Mo. Bonds Voted—At Feb. 6 issue bid of 100.12 the of bonds. voters $1,150,000 an election approved . on an construction " Springfield, Mo. i $12,000 warrants Election Bond The city is ,said to be the issuance of $969,500 post-war improvement bonds, v National First Miss. Sold—It is reported to pass on t awarded on Jan. 26 an issue of $25,000 funding bonds as iy2s, at par. Second high bid of 100.55 for 1.60s was made by Allison-Williams Co.K;;, Stephan Trust County (P. O. Brookhaven), time Marshall Bank of & Trustee. Le¬ by Masslich & as 161, bid County Auditor. Bank be-, Union' the Mitchell, of New York. Northwestern National Bank, both of and National National First the Feb. on City Co., of Memphis, awarded jointly to Bank, and the 510—were p. of¬ indebtedness of sale for Planters Bonds County certificates the tween accom¬ the bid. pany from ible lot by any Chapter 283, General Laws of Mississippi, 1938, as amended (Sections 8448 to 8469, inclusive, Mississippi Code 1942, Annotated), and are further Bond will will not be considered deduct¬ 1, phis, p. as on such on Trust Hopkins, Minn. the lowest City after de¬ ducting the premium offered, if any. In, determining the net in¬ terest cost, interest on premium produces interest cost to the or re¬ date install¬ such redeemable 1, 1948, no and as issue Sale—An National First for interest installment due such Hopwood of 1.20s, at 100.257, a certificates was redemption redemptions shall be Sept. 1, unless the amount in the Sinking Fund is sufficient to pay the semi-annual of 100.32 for iy4s was made by Park-Shaughnessy & Co, $86,100 the above are made bid Certificate installment not any on 2y4% 2V2% after at par plus accrued interest in each case; provided, however, & as the prior to Sept. refunding bonds (1-10 year se¬ rials) was awarded on Jan. 24 to about Denomina¬ $865,000, $1,366,000, payment date thereafter, at the following prices: at 103.00 on or prior to Sept. 1, 1955; thereafter at 102.00 on or prior to Sept. L 1960; thereafter at 101.00 on or* Minn. of ment, March payment Bond Sale—An issue Minneapolis, deemed indicated bonds The and bonds of School District No. 65 (P. O* Columbia Heights), Jaffray $1,000. bonds MINNESOTA Piper, refunding 1, 1970. Dated Feb. 1, 1945. Anoka County to pay bonds and inter¬ est thereon, without limitation as or March tion date. necessary to 1 rate 2y4% due — Newburyport. at 0.34% discount. Second best bid was an $25,000. 865,000 bonds of 1944. sewer revenue der 1967, $155,000 in 1968 to 1973, and of Merchants National 1964. cost. 1, 1944. Denominations $1,000 and $500. Due serially on Oct. 1 from 1946 to 1974, inclusive. 1965, $145,000 in 1966 and is Sold—It 1953, $82,000 in to 1956, $87,000 in 1957 1959, $91,000 in 1960 to 1962, and $92,000 in 1963 and 1954 to 000 not to exceed 3% interest cou¬ pon and accrued in¬ 000 in 1951 to ford, Township Clerk, will receive noon (EWT) on Feb. 17 for the purchase of $70,- Feb. stated that $145,000 in 1974. Optional as fol¬ lows: $765,000, due April 1, 1970 $200,000 revenue notes were of¬ to 1974, callable on any interest fered on Feb. 6 and were awarded date on or after April 1, 1951, to the First & Ocean National ton, Offering—Sealed bids will Note Offering received be 1962 to Newbury port, ■ Mass. ; Notes the .v bank, The Somerville, Mass: ' The amount available March 1, as follows: the to without par on $62,000 in 1948 to 1950, $72,- certified check for $50,- a p.m. authenticated as to chase of $1,970,000 coupon 1945 genuineness and validity by the refunding bonds. Denom. $1,000. National Shawmut Bank of Bos¬ Dated March 15, 1945. Due on ton, tinderadvice of -Storey, April 1 as follows: $25,000 in 1947 Thbrndike Palmer & Dodge of to 1951, $30,000 in 1952 to 1957, Boston. No telephone bids will $35,000 in 1958 to 1961, $40,000 in .348% — 1945, at said 13, Middlesex County National Bank i_ 5 notes will be ton. Bank, will Feb. 1, 1949 to 1951. nation Day-,Trust Co., Boston, is Royal Oak, Mich. Bank Merchants National Bank, until Bond .. . Electric Light 5 V2S due Middlesex Invited—It Tenders furnished be bidder in the Sinking moneys terest sealed bids until ance. for purchase - is put at $20,000. , 4%s due Oct. 1, 1954. at 121.78 5. Au¬ Bridge (EWT), on Feb. 13, by. W. E. Utt, Village Clerk, of 1937 certificates of in¬ of Cleveland: To Ginther & Co., Water stated that sealed tenders will be received debtedness. iAC>1 ^ City's Port. St. Open. 20,000 16. 1957. June 1, 1956 and Fire Dept. 5^2s due 10,000 15 Blue Sealed at 144.21 , the House authorization an Roseville, Mich. ' , recently 1950. Sewer 6s due Sept. 1, from Fund, at Ely, Minn. thority to refund $2,270,000 bonds. 147.2756 to will thereafter, at 103.00 and interest; or, in part accrued Royal Oak Township (P. O. Hazel Park), Mich. Bond Offering—Sarah E. Brad¬ Authoriza¬ Bond , , 4V2S and June 1, 1950. Street Opening and Gen. 1952 Passes tion—It is reported that the 4J/4s due Sept. 1, 150,000 to 1954. Portion Street Opening date Bids will be conditioned (P. O. Lansing), Mich. Oct. I, 1948 to 1957. . 000, payable to the City. high House 124.58625 at at 119.6157 8. terms of ion voting thereon. at 133.19 • of any law, the suc¬ cessful bidder may, at his option, be. relieved of his obligations un¬ der the contract to purchase the bonds, and in such case the de¬ posit upon his bid shall be re¬ basis Michigan State Bridge Commission Charlottesville: National Bank of .. the by Federal income tax by three-fifths vote of the electors 1968 and 1969. To the Peoples taxable be Dated Oct. Mich. Port Huron, Const, of Sewers 5%s due Feb. 6,000 village and will be approved as to legality by Miller, Canfield, Pad¬ Nov. 1, 1953 to 1973., Water Works 5V2S due "126,000 Principal and in¬ 1959, incl. dock & Stone of Detroit. at 161.205984 9. type and character shall same Enclose 1945. Interest J-J. $1,000. Due Jan. payable at the Detroit Co., Detroit. The bonds are unlimited tax obligations of the Sachs & Co., Estabrook & Co., Coffin York, and Fahey, Clark & Co., of Cleveland, New the successful terest To Goldman, $1,366,000 2J/2% refunding bonds. Due March 1, 1970. Redeem¬ able at the option of the City, on 30 days' published notice: ;v; As a whole on March 1, 1948, and on any interest payment by private holders from bonds of bonds Trust 1966. Hall 4V2S due June 1, 1967. 4l/2s due May 1, chased of the bonds the income received not to exceed 4% interest munici¬ to at 147.627 Public Hall Sale—Stranahan, Harris & Inc., Toledo, recently pur¬ an issue of $2,231,000 bridge revenue bonds of 1945, at par as follows: Co., upon as follows: $3,000 from 1947 to 1956, incl., and $4,000 from 1957 1, 1951. Public Hall 4Y2s due Oct. 20,000 Bond de¬ purchaser at the Detroit Trust Co., Detroit. In the event that prior to the delivery the unqualified legal opin¬ Miller, Canfield, Paddock & Stone, of Detroit, approving the legality of the bonds. Said legal opinion and the printed Pointe), Mich. Offered—Philip F. 15, July 1, 1948. at 122.859 12. con¬ be Allard, Village Clerk, received sealed bids at 8 p.m. (EWT) on Feb. 9 for the purchase of $42,000 Grosse Bonds Denomination Water 5V2s due MISSISSIPPI Greenville, Miss. the to turned. O. (P. be will bonds Dated Jan. 15, Lot No. 16,000 Woods Pointe The livered will bonds the of sidered. call¬ on No bid for less than bonds. pal building and park site bonds. National at 115.85 3. Proceeds intended to be were Bank, of Portland, jointly : 4. Feb. 6. effort to collect the tax. 146.9343: 1, 1956 and 1958. Oct. 1, 1962 to 1965. Land Purchase 4V2s due Jan. 1, 1971 to 1978. $1,346,000—Cleveland, O. Bank, of Chicago, and First To Circuit Court Joseph A. Grosse To the Harris Trust & Savings * Michigan Consolidated held invalid by Gas Company was on Water 4V4s and 4%s due July Funding & Refunding 4%s due 40,000 . all pro¬ tax on gross of the Detroit Edison Co. the and excise 20% revenues $165,000—Winston-Salem, N. C. llarriman Ripley & Co., Inc., and Associates, at 25,000 100,000 Detroit, Mich. Tax Invalid—The Utility posed To llarriman Ripley & Co., Inc., and to the first call date MICHIGAN Company (Springfield, Mass.) Feb. 2, Life Insurance Mutual Portfolio Bonds Sold—In connection with the offering on Bond State Issue Approved — The Supreme Court has upheld the validity of the charter sion authorizing issuance provi¬ of reve¬ bonds, without voters' con¬ sideration, for municipal acquisi¬ tion of the properties, of the nue Springfield Gas & Electric Co., a subsidiary of the Federal Light' and Traction Co. The court also approved validity of the bond is¬ contract for sale of which is sue. believed at issue the of - NEBRASKA 2% Proposes proposing a 2% sales tax introduced in the State Leg¬ was J. Hubka islature by Senator Ladd of Beatrice. enacted, the measure If « would into effect July 1, 1945, impos¬ ing a 2% tax on the gross receipts from retail taxes of tangible per¬ go Sixty-eight per cent of the reve¬ produced by the tax would go nue school fund, 30% to the State assistance temporary State the to 2% for administrative ^' ',; * \ fund, and costs. Co., at a price of 117.536. Trust & Savings Bank, Council is said to have ordinance placing on the 15 city election, an $1,250,000 municipal airport improvement bonds. ' It is also reported that the City Council has approved plans call¬ the Tax Collections of during the cal¬ 1944 bore out the pre¬ 92.7% of the levy endar year 20-year record made in mid-October by Daniel of diction new a Director of Revenue and Atlantic City, N. J., S. Bader, of Finance according to a statement by Wain- wright, Ramsey & Lancaster of New York, advisors to the city in connection with the recently com-, pleted $22,000,000 refunding pro¬ gram. The statement pointed out that: "In 1944 Atlantic City col¬ lected $4,339,442 or 92.7% of the 1944 levy of $4,679,796. Collection taxes and liens to $768,778 brought over-all tax collections to $5,108,220 or 109.2% of the 1944 levy. Sale of foreclosed property delinquent of amounting brought in an additional $220,891, with the result that total delin¬ Haupt & Co., at li7.288. & Co„ at 112.526, 8. Julius A. Rippel, Inc/#. Esta- 7. J. B. Hanauer Equitable Se¬ Coffin & Burr, jointly, at 111.305. brook taxes, tax title liens and foreclosed property outstanding at the end of 1944 showed a re¬ duction from the previous year of "The excellent business condi¬ prevailed in 1944, which of the best business years tions that the city has ever had, was also re¬ miscellaneous in revenue collections well in excess of bud¬ estimates. get Corp., and over-all "The the of results NEW YORK program of re¬ funding which effected future in¬ terest savings of some three and (314) million dol¬ lars, the city's credit is now at one-quarter best the level of its entire New to Law, in relation to total amount of increasing the indebtedness Triborough Bridge Au¬ thority may have outstanding at any one time from $100,000,000 to To Stockholders of '• v.■ , .mount Date of Payment $110,000,000. NORTH DAKOTA North Dakota March 15, 1945 Feb'y 15, 1945 June 15, 1945 May 15. 1945 Sept. 15, 1945 August 15, 1945 regular quarterly dividend of 75c per share n 1,298,200 shares of Common stock without ar value of Southern Railway Company has >day been declared, out of the surplus of net rofits of the Company for the fiscal year ended iecember 31, 1944, payable on March 15, 1945 1.25 1.25 A stockholders a February n Checks referred in of record at the close of business 15, 1945. payment cf these dividends and Common stocks stockholders 11 bey ;ss appear on otherwise will mailed to of record at their addresses as the be the on books of the Company instructed J. J. un- in writing. MAHER, Secretary. TEXAS GULF SULPHUR COMPANY The Board of Directors has declared a divi¬ of 50 cents per share on the Company's capital stock, payable March 15, 1945, to stock¬ holders of record at the close of business Feb¬ ruary 15, 19"5. H. F, J. KNOBLOCH, Treasurer. dend of for a Feb. 15, our the on for Texas Enclose are bonds the offered for sale on Local Dist. (P. Bond Offering—Sealed bids (State of) Tax Base at Bond Call—It is stated by with 3-year or 5-year option. Highland Park Independent School District (P. O. 3510 Nor¬ mandy, Dallas), Texas be received until noon on Feb. 17, pon $316,000 Sale—The Bond house school in 1941 to 1956. 1 date called. on UNITED STATES United States Tax Utility Revenue Representative Carlson (R. Kans.), and member of the House Ways and Means Commit¬ Would cou¬ bonds offered 161, p. 616—were awarded to the First Boston Corp., and W. A. Jackson of Dallas, — has announced his intention legislation to provide for Federal taxation of interest received on municipal utility revenue bonds which are payable to sponsor exclusively out of operating reve¬ nues and do not constitute obliga¬ issuing communities. is quoted as saying communities are en¬ of the tions 6—v. Feb. $198,000 building bonds. Interest rate is not to exceed 3%, payable 1940. Due on Oct. Interest ceases Dated April 1, tee, O. will F. D. County Treasurer, that 3% and 334% semi-annual court house refunding, Series 1940 bonds, numbered from 1 to 66, ag¬ gregating $66,000, are being called for payment on April 1, at par and accrued interest, at the Amer¬ ican National Bank of Austin. Bonds will be considered on bonds Westerville), Ohio Grande Guerra, 20 and Jan. 15. Sch. (P. O. Rio City), Texas $11,000 in 1955 and $10,000 in 1956 1957. Alternate proposals the originally date called. County 1,1945, Denomination $1,000. Due March 1 as follows: $3,000, from 1946 to 1953, incl.; $5,000, 1954; a Sharon bids until Feb. purchase of $60,000 school bonds. Due serially in 12 years. Bidder to name rate of interest. The bonds will be dated March au¬ to on ceases for the Board of Trustees. These sealed receive certified a payable W. Miller, Schools, will of Superintendent general $200, 1, 1945. Offering—V. Bond election Nov. 7,. 1944, by a vote at of 502 to 119. check bonds the mentioned in 161, p. 616. Dayton Independent School Dist., multiple of 34 of 1%. No bid and"accrued in¬ are bonds issue of Feb. 5—v. Dated Jan. $20,000 4% These purchased the $19,000 3% court house and jail refunding different rate of interest in a Bank, where Dallas, Na¬ Crosbyton is said semi-annual will for Trustees, Citizens Sold—The Bonds the pur¬ semi-annual fire station and apparatus bonds. Denomination $1,000. Dated Dec. 1, 1944. Due $1,000 from Dec. 1, 1946 to 1965. Bidders may bid of on the Mercantile National at Starr Series, and 1941 se¬ 1935 bonds, tional Bank of by James L. Miller, Clerk of the Board payment 114, being April 10, are est to have on for Tex. New Al¬ Bond Offering—Sealed bids called Crosby County (P. O. Crosbyton), Norwood. Township (P. O. bany), Ohio aggregating * $114,000, ries. Sets Property OHIO $4,000 June and Dec. 1, 1964, $4,000 June and 1961, 1962 Akron, Ohio bids will on Feb. 26, Bond Offering—Sealed be received until noon Hazel by of chase of Clerk Fleek, the for the pur¬ school $200,000 2% Denomination $1,000. 1945. Interest payable J-D. Due on Dec. 1, as follows: $9,000 in 1946 to 1965, and $10,000 in 1966 and 1967! Bid¬ ders may bid for a different rate of interest in a multiple of 34 of bonds. March Dated 1, These 1%. bonds will be furnished. tified check for the Board are Enclose Sale—An issue Dec. 1, June 1969. Rate and of $5,000 jDec. Due 1, to in Carlson Mr. local that couraged to acquire privatelyowned enterprises by "promoters," who then proceed to establish a market for the resulting bonds on the strength of their tax-exempt at the Due gen¬ all upon this issue. bonds. Jan. number of bonds Enclose check for Board a in the report our issue of ' Feb. 5. OKLAHOMA Guymon, Okla. Bonds Re-offered—The issue of $800. 1944. Due on Dec. 1 follows: $700 in 1946 to 1949, $800 in 1950. Interest payable on Jan. 26, is now on SOUTH DAKOTA Bonds Voted—At tion the voters are a recent elec¬ said to have approved the issuance of $34,000 municipal power plant revenue bonds by a wide margin. Recorder's office or at the building bonds. bonds with all unmatured coupons 4% Armstrong, semi-annual Village proximately 35 days. The City agrees that should the Federal In¬ come Tax status of these bonds after the opening of the bids and before the date of deliv¬ change stated is by Minister of Finance that a syndicate composed of A. E. Ames & Co., Wood, Gundy the & Assistant Deputy Co., Securities Dominion the Corp., all of Toronto, and the Royal Bank of Canada, of Mont¬ purchased 99.171, a recently, at net interest cost of about 2.94%, the following bonds aggre¬ gating $3,920,000: 'U refunding 2% bonds Due $350,000 on Feb. 1 in 1946 to 1948. Due refunding 234% 300,000 on Feb. 1, refunding 234% 754,000 Due on Feb. bonds. 1949. 1, as bonds. follows: $300,000 in 1950, and $227,000 in 1951 and 1952. 1,816,000 Due to refunding 3% 1960, inclusive. Denomination Feb. bonds. $227,000 on Feb. 1 in 1953 1, 1945. $1,000. Dated Principal and inter¬ ery, the successful bidder may est (F-A) payable in lawful withdraw his bid and recover his good faith check, upon making money of Canada in Victoria, written request to the Mayor and Vancouver, Winnipeg, Toronto or City Council. Enclose a certified Montreal. Legality approved by option Clerk, for the purchase of $2,800 Thomas est. bonds at maturity, and inter¬ Delivery of bonds within ao- (Province of) Sold—It Bonds $1,050,000. pay of the holder, at the Commercial Bank, Krioxville, upon presentation and surrender of said Columbia British real, The Charter of the City requires the levy of an an¬ nual continuing Sinking Fund to TENNESSEE COLUMBIA BRITISH 1, 1945. 4, Section 1. passed an Etowah, Tenn. ordinance calling for the issuance Bond Call—Town Recorder Dan of $15,000 1% semi-annual well Ivins announces that the Town drilling - bonds. Denom. $1,000. has exercised 'its right to redeem Dated March 1, 1945. Due $1,000 on May 1, 1945, at par and accrued from Oct, 1, 1946 to 1960, incl. interest, all outstanding bonds of Principal and interest payable at a tota,l authorized issue of $379,the First National Bank, Lock000 refunding bonds, Series May land. 1, 1936. Dated May 1, 1936. Said bonds are payable at the Town Middle Point, Ohio by from inclusive. authority of City Charter, Article Council is said to have Bond Offering—Sealed bids will approved by Preston, Thorgrimson, Turner, Horowitz & Stephen of Seattle. to be proved by Reed Hoyt & Wash¬ burn, of New York, and the At¬ torney-General of the State. Bids not in strict conformity with the notice of sale will not be consid¬ ered. The bonds are issued under sched¬ Feb. 15. re¬ cently—v. 161, p. 616—will be ad¬ vertised for sale in April. Legality City has no provisions for registering principal and interest but will pay for the printing of the bonds and attorneys' opinions. All bond records have been ap¬ Bryant, S. Dak. Lockland, O. Bonds Authorized — The City be received until noon on Feb. 17, I, 1946 to 1955 The uled to be sold con¬ sewer authorized topping street $30,000 $1,000. Dated Interest rates to be in multiples of 34 of 1% only. Bid on only one interest rate on each issue. Bids must be for all or none. The City will not offer for sale any additional bonds for at least 60 days. Principal and in¬ terest (J. & J.) payable at the Chase National Bank, New York. Jan. of Education. appeared Due storm bonds struction Denomination certified $2,000, payable to the The above supersedes which inclusive. sanitary sewer bopds. $25,000 from Jan. 1, 1946 300,000 bituminous Bids may be made or any semi-annual to 1965 inclusive. Nov. 7, 1944. on aggregating City Clerk that the $70,000 3% drainage sewer bonds. $20,000 from Jan. 1, 1946 1965 500,000 bid for less than par and ac¬ crued interest. of be $400,000 These are the bonds authorized eral election held No to interest bonds $1,200,000: 1965, $4,000 June 1966 to 1968, and multiples of 34 of 1%. equipment bonds was sold Feb. 3 to Earl F. Camper , of and 1, $4,000 for sale of $3,600 Dated Dec. 1, as Dec. $50,000 sewage disposal and sewer extension bonds originally offered Genoa, Ohio Bond and following to $5,000 a cer¬ $2,000, payable to of Education. J-D. $1.25 (M-S) S. Oct. they will be re¬ deemed at par and accrued inter¬ est. Dated April 10, 1940. Inter¬ funding on 1953, in 1954. Prin. and int. payable at the First Na¬ tional Bank of U. J-D. Denomination $1,000. Dated Jan. 1, 1945. Due as follows: jointly, as 134s, at a price of 75% of Assessed Valuation—A bi¬ $4,000 June and Dec. 1, 1946 to 100.70, a basis of about 1.2026%. partisan but highly controversial status. Mr. Carlson is said to have 1948, $4,000 June and $5,000 Dec. Dated Feb. 10, 1945, and due bill which sets the tax base for described the alleged operations 1, 1949, $4,000 June and Dec. 1, serially on April 10 from 1946 to real and personel property in as a tax-evasion "racket." 1950 to 1952, $4,000 June and 1968, incl. North Dakota at 75% of the as¬ $5,000 Dec 1, 1953, $4,000 June and Houston Texas WASHINGTON sessed valuation, instead of the Dec. 1, 1954 to 1956, $4,000 June Bond Offering—Sealed bids will present 50%, has been passed by Camas, Wash. and $5,000 Dec. 1, 1957, $4,000 be received until 10 a.m. on Feb. the lower branch of the State Bond Offering Contemplated— June and Dec. 1, 1958 to 1960, 14, by Mrs. M. H. Westerman, City Legislature. $4,000 June and $5,000 Dec. 1, Secretary, for the purchase of the It is stated by Odmund L. Egaas, Bill Reoord at the Close of Business on: Due Auditor county's 134% and 3% court house and jail refunding $5,250 refunding bonds, system ex¬ Sept. 1 water of the decree 9, 1944. The cancelled unex¬ changed bonds included $7,000 re¬ by L. D. Smith, Clerk of the Board of Education, for the purchase of Genoa, at a price of 101.38. Denom. $700, one for RAILWAY COMPANY New York, January 23. 1945. aggregating $3.75 per share on the referred stock of Southern Railway Company ave today been declared, payable as follows: City and $1,000 which the on SOUTHERN 4% bonds. Bond Call—The County bonds, Series 1940, Nos. 1 to of the District Court at Amarillo, on follows: $3,000 in 1946 to as held Triborough Passes Limit Measure—The Assembly has passed and Senate, the Crews Bill amend the Public Authorities fire Dividends The Texas reported that the states that the terms — - (P. O. Amarillo), changed by Jan. 7, 1945, under the i calling for the issuance $25,000 tension thorized (State of) York sent to the his- DIVIDEND NOTICES of terest. payable from taxes, unlimited as to rate or amount. No bid for less than par and accrued interest. The balances in all operating accounts. approving opinion of Squire, San¬ Coupled with the completion in ders & Dempsey, of Cleveland, November of the year's operations were that the city entered the year 1945 with substantial unencumbered cash Authorized Bonds ordinance bonds. Potter Count refunding bonds on hand in the State Comptroller's office, not ex¬ for less than par Board of Education, $687,427. flected Co., & curities quent was one at State collections tax ord—Current Associate, 6. Ira Assembly at 20-Year Rec¬ Cancelled—It is approved an water system voters $605,000 revenue Texas city has cancelled all unexchanged payable to the Village Treasurer. chase Bridge Debt J. & Savings Bank, and Chicago, 107.805, NEW JERSEY Atlantic City, N. En¬ of issue Unexchanged Refunding Bonds for $250, certified check a/ be received until noon pass >• close at 117.404. election to have the on the issuance of $480,000 Memorial Stadium bonds. voters as legality of the proceedings. Plain for an ing at & Rippel S. Harris Trust 5. approved a resolution instructing city's legal department to ballot at the May Associate, and Bidders to the must Co., National State Bank, Newark, and B.J. Van Ingen & Co., jointly, the draft multiple of 34 of 1%. satisfy themselves a B orger, different rate of interest in a the 29 Jan. 116.923. 4. J. Contemplated— Election Saffin Boland, and Co., jointly, at 114.862. 3. Harris Trust & Savings Bank, & Omaha, Neb. Bond & Harris Chicago, for Bonds Voted—At an election on TEXAS Council is said to have passed an Stevenson Bacon, Chicago, called. Norwood, O. Paid Price to 5, on McAllen, Texas Interest ceases on date attached, Dated March Due $400 from March 1, 1947 to 1953. Subject to redemp¬ tion at par at any time after 2 years from date. Bidders may bid Purchaser and Number, Sold .. The City each block ap¬ peared in biir issue of Feb. page 613. 1. the, of description complete Block on sold as noted below. bonds making up 2. sonal property. County the Commission Fund Feb. 7, were Sales Tax— A by sale for Sinking bill A municipal bonds, aggregating $1,112,000, and Jersey New of blocks offered Nebraska (State of) various Award—The Portfolio about $6,500,000. Bill N. J. Denomination $400. 1, 1945. O. Newark), County (P. Amount by the city. is placed agreed to Essex been already have to Monday, February 12, 1945 CHRONICLE THE COMMERCIAL & FINANCIAL 712 check for 2% National , of the par value of the bonds, payable to Otis Mayor. Massey, Daly, Thistle, Judson & McTag- gart of Toronto.1