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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

''

'

'

.

'

'

'

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'

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THE COMMERCIAL

'' j

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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

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the Week
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•-$ per share.

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w,

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Highest

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share

S per share

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116%

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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%

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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%

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37

36%

37

16%

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13

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79

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13,900

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37

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96%

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45

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24

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24

.

'

25%

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100

23

21

23%

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20%

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102

107

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103

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16%

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104 y2

104%

19%

19 y8

19%

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32%

39

32%

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32%

32%

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33

33%

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39

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39

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19

19%

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20%

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6,500

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19%33 y2

33%

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•

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?

104%

18%

.

770

3,700

16%

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104%

105

•

20

19%

19%

10,700

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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%

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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

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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%
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•

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%

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113%

58%

58%

58%
112%

112%

112%

112%

112%

112%

10

10%

10

10%

9%

lO'/a

42%

43%

43%
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44%

43%

43%

9%

10 y»

9%
43%

'

109%

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109%

43%

115

*112%

46%

9%

9%
44%

10

44%

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20,700
27,100

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109 V*

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109 V*

109%

109 %

100

43%

109 y4

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44

58%

59

112%

43%

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400

44

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112

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113

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44

-

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105'A

104%

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8 '
104%

21%

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9%

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10

10

17%

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18

81

81

80%

81

80%

82

13%

14%

13%

13%

78%

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.

82

....

17%

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82

13%

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,

1

Shamrock Oil & Gas

1

17%

82

82

14%

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yi

A.

14%;

62

62

63%

63

63%

62%

62%

62%

62%

62%

26%

27

26%

27

27

27%

27%

27%

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27%

27%

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3,500

7%
37

7%
36%

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31%

31

31%

7%

7%

7%

36%

36%

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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%

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16%

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17

16%

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32

32

32%

32

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32

15%

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16

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16

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16

16

15%

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5%

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22

21%

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22

21%

22

43%

43JA

43%

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43%

43%

44

44

44

5%

5%

43%

162%

*160

5%

162%

28%

161
28

*161

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28%

27%

162%

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162

162

162%

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18%

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18 %

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40%

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37

36%

37%

37%

37%

37 JA

37%

68%

69%

70

69%

70%

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71

80%

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81%

13%

13%

13%

30%

36%

68%

69

68%

*81%

81%

81%

81%

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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%

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60

15

15%

15

15%

•

48%
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60

15%

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,

34%

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...

48%

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86

34%

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34

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90

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86

34%

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48%

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60

15%

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34%

29%

48%

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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%

:

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78 Vs

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413
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115

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v

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113

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;

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61

;

61

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115

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32

31%

114

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113%:

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114

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39%

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31%

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300

-

•

113

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20

60

60
*112

113

2,400

;

113%

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115

740

79%

78%

79%
40 »A
113%

11,500

114

___
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3%

3%

3%

3%

73%

74%

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74%

73

74

3%

73%

3%

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3

79%
114

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61'A
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31

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39

38%

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113

78%

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:

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2,600
7,400

75%

76

75%

75%

85%

86

85%

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86%

88

88%

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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%

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123%

123

122%

122%

122%

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,

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124%

11%

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11

11%

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37

36%

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65

65

10%

18

18%

12%

65%

65%

66 %

17%

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18

18%#

12%

13%

13%

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37%

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19,100

52%
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123

52%

t

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19

19 %

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19

13%.

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19

19

19

12%

12

12 y»

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12

12%

11%

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22%

23%

23%

24

23%

23%

23%

22%

23 V*

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59%

59%

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59%

127

*126

126

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126

125%

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126

125%

6%

6%

6%

7

6%

12

11%

11%

11%

126

7

11%

12

6%

6%
11%

24%

26%

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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%

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11%

•

90

90

26%

7

26%

27

87%

12

6%

19%

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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

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109

110
104

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.

8

109

109

102%

2

109
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102%

103%

518

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1945

F-A

100

A-O

.1953

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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

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107%

21

101%

105%

,

8i.

101

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107%

102%

100% 100%

104%

116%

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A—4

106%

116'A

105 %

__

.

103 % 103%

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jf-a

103

58%

45

105%

151

1

—

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103 3A 104

1997

116% lW/a

95%
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;

109

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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

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,

j-j
—

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-1954 y

Kings Co

80%
r:

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1997

Kings County

..

1961

95'A

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1961

93

84%

81%

2

68

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1987

,

—

94%

81%
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48

84'A

81'A
94'A

95%

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,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%

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A-0

impt

Kentucky & Ind Term

\>f'm 1

A-O

»••.•>?■• -kk"

Ry~

City Fort Scott & Mem
§ARefunding gtd 4s_
;—
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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

'<

...

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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

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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

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Louisville

5s

1st

J-J

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7

deb

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deb

85

48%

50%

86

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deb

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57%

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9

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65

79

85'A

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80

82%

91

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53

v

4-0

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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

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—

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J-J

4%s

RR

ser

M-N

3

102 % 102'/a
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•-.'

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84%

M-N

114%

Y

71

62

68%

84%

16

83

Y

1st

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1

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1947

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75.

•'

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a-o

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20

102%

108

3

99%

1st

&

19

2

16

&

3s

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mtge 4s inc ser A

B_.

series

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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%
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:

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

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5s

A

A

"92%

108

91%

53

107

108

registered

54

89 V2

,133 j

.

*34%

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47

k<\

59

:

132'A 133%

133%

132'A

134'A

108%

113

106'A

108

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m-s

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q-j

X

.

245

110'A 113

112%

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—

q-f

77'a

74%

73

73

75

r

72'A

284

78%

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Jan 2047
—
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92%

53

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109

132

28%

27%

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6

79%

71

76'A

impt 4%s series A

2047

j-j

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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

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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

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mtge 3'As

105% 106%

F-A

.—1967

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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%

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74

76

75'A

M-3

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101

76'A

74'A
34%

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33

M-a

75'A

74'A

76%

544

73

74

76

137

72%

16%

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7/3

14%

20

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75%

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76

80

72 %

82

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75'A

74'/«

76'A

83 '/a

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284

72%

82'A

22

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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

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*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
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19«3

.

•

,.-.;Lt3

'

j-j

107%

:

105%

j-j

105%

::

107%

106

106

105

'

j-j

1952
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5s

Inc 5s series A

114%

of

4 Vis

•

of

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series

ACertificates

...

y

General

5s

General

gold

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106'A

104%

V

107'/a

15

70

741/3

18

..

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80

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F-4

1954

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81

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30

.

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86

80

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81

81,3

83%

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90

83

:

88

deposit—
deposit

86%

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51

3

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RR 4s series A

j-j,

3

F-A

87%'

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2013

A-U

83%

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&

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

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34

107%

108%

106% 106'%

14

106'A

106%

107%

108'A

107%

108'/a

%:;.y

m-n

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104%

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65

104%

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125

125

125

5

124'A

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104

118%

124

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48

J-J

125

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105

4-0

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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%

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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

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fey "

88
84

—

81'A

81%

A-O

f-4

102

102

1965

A-O

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)/<« 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

-•:

•

!

■

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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

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131'/8

133

106

106%

—

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102'A 102%

3.'"'v.'•':/•'

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103

102'A 102%

—

66

101%

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102%

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101%°i02%
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34 '*':

3';-'3;.3' XX'

M-S

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106

3

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234

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106'A

f-a

106'/a

10

17%

19%

16

17

5

15%

102'A 103

32

101%

106

j-j
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181

203'A 213

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2

128%

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5

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.

129'A 129%
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129%

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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

;

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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

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/

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",:-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

&

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rei

&

Unil

1st

2043

4s

West

&

series

■'..33'

*110

__

J-J

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/
«!> Non-com
uco 4a
' —.1947

1963

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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—-..—..

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sink

rei

5s'

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stamped.

&

1st

Len

&

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'

isl it

Y

Bid & Asked

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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%

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M-N

7'

99% 100

.

„

109%
■V'

'

1

106% 106%

A-O

109%

112%

112%

106

106%

w —

106 % 106%

MS

22

Af-S

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J-J

104%

106%

103%

103%

•111

A-O

—

105% 105%

105%

Jf-0

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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

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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