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AfWW
1J§«A*Y
15
MONDAY
1943
1Jie&
ommetciGL an
i
Reg.
Volume
New
Number 4151
157
Office
Pat.
Price 60 Cents
York, N. Y., Monday, February 15, 1943
AND
STATE
S.
F.
Copy
a
DEPARTMENT
CITY
BOND PROPOSALS AND NEGOTIATIONS
Co.- of Wellston, Mo., vs.
the Kersh Lake Drainage District.
Trust
district has
The
In This Issue
been in
Funds
litiga¬
tion since
H. vHollhoff
Claude
of
The
—
city
Bond
has
Issue
a
securities
Warren of Gould,
as
a
Commissioners.
The bank recovered judgment for
$54,655 worth of district bonds.
City News
New
Stock
York
year
were
Latter
ap¬
amount
expected
trict
Securities
(P.
Gridley
Railroad
Town
Water
Bonds —The
Commission
the
district
of
rights
Butte
(See Index Below)
and
Canal
ered by
ap¬
(State of)
Sufficient
Deemed
Revenue
to
Bond Debt Service
—Arkansas highway officials re¬
Meet Highway
be
can
and
bonds
all
fund,
paid promptly on
the principal of
with moneys from the
interest
Arkansas
eight years and
be called op¬
for
bonds
serial
could
bonds
term
tional in 1943 and 1944.
Bill to
Allow School District
ported from Little Rock recently
that revenues for the second bond Financing—Under the provisions
year, ending March 31, next, will of a bill (H. B. 79) recently signed
-be sufficient to provide the full by Governor Adkins, school dis¬
$7,175,000 necessary for debt ser¬ tricts whose structures were de¬
highway bonds.
vice 011
for
Revenues
the
nine months
31, 1942, were about
10.5% less than for the same pe¬
Dec.
ended
in
riod
the
preceding
year,
that date the fund lacked
on
but
only
$227,997 of having the full amount
current bond year.
F. A.
for the
the
system,
to
by
trict.
The
landowners in the
for
The district
was
valuation.
25
State of Arkan¬
%
;
amounts to
This
000.
approximately $5,400,be called
ment
upon
fund"
fund would
to supplement current
high¬
a
Senator
of "B"
said
Lovett
Due
1948
to
Fla.
Jan. 1 Bond Interest
City—The
Guaranty
the
for
ing
agent
that
acquisition
structed
by
cost
construction
road
the refunding bonds,
reported
immediately of rights-of-way for ^holders
post-war
on
Highway
State
to
|
of
coupons
had
it
city
the
Jan.
1,
been
1943,
interest
to communicate with the
$2,000,000 were introduced in city regarding payment.
$2,738,000
bonds
before
These bonds
tenders at
on
maturity,
that the bill, if passed as
serially August
to
I,
■
1948 to 1961, inclusive
1956 Priced to yield 1.10% to
1.65%
2
(to yield approximately 1.67% to 1.75% to maturity)
are
offered, subject to
our
receipt. Legality approved by Messrs. Bowersnck, Fizzell & Rhodes, whose
opinion will be furnished upon delivery. The offering circular may be obtained in any State in which
this announcement is circulatedfrom only such of the undersigned as are registered dealers and
but
written,
are
offering these securities in compliance with the securities law in such State.
revenues
HALSEY, STUART & CO. Inc.
LAZARD FRERES & CO.
bonds.
sale
of
the
$311,000 3!/4% and
tax collections 2V2% water works revenue bonds,
fall off 50% from the 1941- originally set for Feb. 10—v. 157,
Annual highway
can
period, Mr. Storey states, and p. 513—was changed to Feb.
supplementing current reve- Legal
opinion
of
Masslich
1942
by
Mitchell
~~
Page
Quotations:
Stock Exchange
bjj
New York Curb Fxchange
J*"
Other Stock Exchanges
626
Unlisted Securities
* box
State and City Department.
Bond Proposals and Negotiations. 59o
General Corp. and Investment, News 597
Dividends Declared and Payable
633
Redemption Calls and Sinking Fund
Now
York
Notices
........•.....•••>*>••<••>•
The Course
Exchange Rates.....
on
New York Stock
change in 1942.....
the bonds.
pany
Termination
Refused—A
the
denied
Court
at
motion
Feb.
Commissioners
the
Ex-
634
in
court
the
to
case
of
4
to
wind
the
in
Rock,
were
file
OTIS &, CO.
CITY. MO.
R.S.DICKSON & CO.
INCORPORATED
SODEN AND COMPANY
MULLANEY, ROSS &. COMPANY
>
TOLEDO
BAUM.BERNHEIMER CO.
KANSAS
CINCINNATI
BRAUN, BOSWORTH & CO.
(INCORPORATED)
KANSAS
CHICAGO
CITY, MO.
PRESCOTT/WRIGHT,SNIDER CO.
CITY, MO.
KANSAS CITY, MO.
Dated August 1, 1941. Principal and semi-annual interest, February 1 and
in the denomination of $1,000 each, registerable as to principal only. Bonds
maturing on and after August 1,1957, are callable upon
KANSAS
Receivership
of
Little
MO.
CALLENDER,BURKE&,MacDONALD
receivership
was
CITY,
FIELD. RICHARDS & CO.
Drainage District, Ark.
Kersh Lake
633
Foreign
oJ3
&
Dobyns
KANSAS
House of Little Rock will accom¬
635
of Bank Clearings
Listings
Loughborough,
Rose,
INDEX
17.
&
of New York City, and
STERN BROTHERS &, CO.
up
district
Federal
and
the
instructed by
further
findings
of the State Bank
&
August 1, payable in Kansas City, Mo. Coupon bonds
days' notice in inverse numerical order at 102 on August 1,1946, or any interest payment date thereafter to and including
February 1,1951, and at 101 on August 1,1951, or any interest payment date thereafter. Bonds maturing prior to 1957, are not call¬
able. The information contained herein has been carefully compiled from sources considered reliable, and while not guaranteed
as to completeness or accuracy, we believe it to be correct as of this date.
30
February 10, 1943.
in¬
advise
to
the
only in the event might open the way for additional
they fall off more than 36.24% legislation to permit payment of
"B" bonds at par.
and then only in the amount re¬
quired
to call for
redemption
Camden, Ark.
$1,000,000
par
value of
term
Sale Date Changed — Date of
way
appropriation of
the
1957 to 1961 Prices 101 to 100
for retire¬
provides
law
discount
Referred
Harbor.
on
IH% Water Revenue Bonds, Series A
Wl-
provided by
now
manner
present
Inquiries
.
City of Kansas City, Missouri
$1,300,000 worth of non-interest
bearing highway "B" bonds ma¬
law."
"cushion
of)
FLORIDA
Safety
.
appropriation bill is said to have
been amended to remove word¬
debt service
which now
has established a
to
sum
Department
years.
1
In addition the
that
formed recently.
principal of the serial bonds and turing in 1949.
The measure, as now drawn,
the call for redemption of $1,000,000 par value of term bonds.
provides for payment of the bonds
sas
(State
and for the
sue
dis¬
.
Payment of "B" Bonds Opposed
—The State's biennial debt service
the
^•f///
I.,
the district's assessed
ceed 15% of
"in
of
the
principal
debt
would be paid each year.
It also
specifies that the bonds must not
be issued later than Dec. 31, 1943.
$25,000
Proposed Bond Issue—Measures
service charge of
annually
payment of interest
require redemption
greater than the
$250,000.
Not more than
not
amount
providing for a $250,000 bond is¬ | Trust Co. of New York City, pay¬
plan approved by the
district to pay a
an
total
—
re¬
the Board of Trustees.
Delaware
Sutterbe fi¬
Railroad Commission requires the
$10,000
Becher
DELAWARE
$500,000
which/Rave been
bonds
voted
at
water
stroyed by fire in 1941 and 1942
may issue new building bonds if
the debt thus created does not ex¬
Storey, Jr., Supervisor, says that
highway collections can fall off ing which it has been charged
36.24% from the April 1-Marh 31, would be "an opening wedge" for
1942, period and still provide the immediate par payment of the
$7,175,000 required to pay inter¬
est on all obligations, maturing
of
part
the
nanced by the issuance of
revenue
|
of
28%
R.
bond
the
does
and
Considered
John
messagee.
authorize the
to
offer is submitted which does not
refunding bonds approved recent¬
ly by the voters is being consid¬
State
has
Clerk
proved the proposed purchase by
nues
between
ports that the issuance of $21,000
Dis¬
Calif.
Oroville),
O.
Issue
To
Miscellaneous
a
Dolores, Colo.
Issuance
recom¬
provides
require
Bond
Briggs-West
bill
been
Walter W. Bacon
that they shall
bear interest payable semi-annu¬
ally at a rate not exceeding 1%
a year unless in the discretion of
the issuing officers a bona fide
COLORADO
Exchange
Out-of-Town Listed Markets
issue
$4,000 and $6,000 annually.
CALIFORNIA
ARKANSAS
yield
to
are
motion, which was denied
Feb. 4, was to end the receiver¬
ship and turn the district back
to the Commissioners.
Unlisted
$6,190
pointed receivers for the district.
Exchange
Curb
York
New
about
to
biennial
his
The
and the Federal investments
The
QUOTATIONS
in
offsetting the annual interest
charges on the bond obligations.
Commissioners
had
action
mended by Gov.
of
means
The
State and
Such
invested
of the unused proceeds
large water bond issue in
Federal
Emmett
and
Unused
$284,000
1936, when the Wellston
bank filed suit against T. H. Free,
Corporation News
State Legislature on Feb. 3
by Representative F. A. Lawson.
the
Martinez, Calif.
Invests
THE COMMERCIAL &FIN ANOIAl;: CHRONICLE
594
'
Atlanta, Ga.
3%
Tax
Pay¬
ments Set Record-—Taxpayers set
into
,
1 %.
will
registerable
assessors.The
1942
tax digest parried
values
listed at $371,941,592 as against
$359,376,398 for 1941,: a digest gain
of $12,565,194 for 1942.
During the first year of the
War citizens paid their municipal
(governmental obligations better
than' they did before Pearl Har¬
bor, it was said.
leased by city tax
is
.
ery.
;;
Bids
by
Is,
as
1943
at
ing,
100.025, a basis of
Due $15,000 on
15, 1947.
at
if delivered by messen¬
of
Distribution
as same accrues,
showed
the necessary
surplus for the-year, of
a.
/
...
rank on a parity with the out¬
standing bonds. The system -was
one rate shall be named by each
acquired by the city in 1940, and
bidder.
No bid for less than par at that time Mr. James.. Yunkers,
and accrued interest will be con¬ Gas Engineer of Louisville, Ky.,
sidered.. '• The bonds pre direct appraised this property for the
obligations of the city, payable city and.placed a valuation on the
out of unlimited ad valorem taxes property of 69,779.
than
:
levied and
be
collected
on
all
LOUISIANA
the taxable property
in the city.
The bonds will be awarded to the
Board
highest qualified bidder who has
bid
submitted his
in
est
bidder
will
be
The
the
Administrator
102.11 %
the
of
Orleans), La. lik/
'-"'v.*': 1
who
.vv,
State Bonds Sold—The $100,000
offer? the lowest net interest cost
2J/£ %
the city, to be determined by
Computing the total interest on
to
semi-aim. State of Louisk
pension bonds of¬
ana, series G,
fered for sale
all of the bonds to their maturi¬
on
Feb.
5—v.
157,
434—were awarded jointly to
& Crane of New Orleans-
p.
ties and deducting therefrom the
Glas
premium bid, if any. In the event Pain
e/Webber, JacksonX& Curtis
satisfactory bid is received at of
Chicago, and Scharff & Jones
the time and on the date fixed,
of New
Orleans
at a
price of
no
the
same
wilh bC continued from
107.475,
day to day thereafter until an
acceptable bid has been received.
Dated
County (P. O. Harlxm), Kys
Offering — Mrs. Elmop
Middleton, County Court Clerk,
receive
a.m.
(CWT)
sealed
on
will
bear
until
for
10
the
or
$500. The bonds
at 3 Vi%
per
interest
from July
semi-annualy
caption that $7,500
terest from March
$5,000 from June 1;
annum
able
i
23
purchase
of
$33,000
road
and
bridge refunding bonds of 1943.
\ Denoms. $1,000
1
bids
Feb.
1, 1943, pay¬
with the exshall bear in¬
-ir 1943, and
1943, the suc¬
cessful bidder to take up the said
respective amounts of said bonds
pn or before the respective dates
of July I, March 1, and June 1,
1943. V
j
/L,:/;:/ •>'■■■. '■■■
.
Louisville, Ky.
Sill king Fund Bonds Sold—It is
reported that $129,000 4% sewer
hpnds were purchased recently
and
-bonds.: Due
.
•
Property of REA Held Tax Ex-;
Electrification Au^ 1
empt—Rural
Oct. 1, 1958.
on
tentatively valued at
Legality approved by Thomson,
&
Hoffman
of
New
'
be
tax
exempt
under existing:
State law. The Commission order ;
,
followed
YriYyY- Detroit, Mich. ;/ ;/; / V), [Cify to Vote ■ on Purchasing Its
Own Bonds-r-The Common Coun¬
about; 1,54*%."
Due
1939. :
terest payable A-O.
on
a
The order was issued following;
recent
•.
Farmington
Towson^'f
:
1
blower
8c
Sealed Tenders Invited—District
Blodget, Inc;, Horiir
Weeks..
all
•
of
County
Nejtv
(P, O. Grand Rapids), Minn,
.Certificates
Sold
The
First
Snrmghill. La.'
/•
■
.
Sold—A
$55,000 issue of
public improvement
refunding bonds is sakhto have
been purchased recently, by Bar¬
low, Leary
Co. of Sbreveport,
3 % semi-ann.
"
1, 1942,
:
:
Feb.
1
from
1944
to
/
mature.
road and: bridge fynd certificates,
1946
incl; // /'•.
1954;';I "from
1983 incl
: 1
.
1%;
-
L,-|l
D
'; gropbtpp, 'Massy.;
plus
v
Maine (State of)
a
premium
of
//-, Jy/';
Minnesota
(State of)
>
/:;/.
/
Airport^ /Uoiumission "f or Sa int
Paul and Minneapolis Frqposed-k
Ah entirely
/
MASSACHUSETTS
MAINE
,
I
4n :,$185/:;.'.:.;^.::
0sc from 1947 to
1955 to 1085 and 160s froih
.1906
to
.
paying
makingnet-interest: cost
-»^out -1,62%. ^ - The -4s
j National ; Bank & Trust Co. of
| Minneapolis was the successful
[bidder, on Jan. 29 for $195,000
new
bill tp create a
metropolitan Airport Commission
fnr-St: Paul and. Minneapolis was
recently, decided on after airport
..
$9,600
tion bonds.
street
intersect
Dated Feb. 1,
1043. Z#
MISSOURI
-Bend Sale—The
and.
These bonds
and
ment
Township School Pis-
irict No, 6, Michigan
j
>
V
;
.
purpose of re¬ York,. Commerce Union Bank of
funding ; a like amount' of 5%
Nashville., and Fox, Reusch .& Cf,'
bonds, dated Jan. 1,1904, matur¬
Cincinnati, pn.. the basis of $1201
ing in 59 years, but payable at
the option of the Board in 40 000 .4s, $320,000 2s, $440,000 1^6
and $720,000 1.60s: at a-price, pf
years from date of issue.
;
par plus a very slight premiuih?
Bated Oct.
meeting with attorneys
j •: 'Jeffries said the time was ripe that such as is used for personal
j for the amendment since the city purposes is subject to taxes.
During the year 1942- Baltimore [has. $49,000,000 on deposit in DeIn granting the associations imk
collected' in current taxes 97.24%:. •troit banks.
He is opposed, he
munity from taxes, the Commten¬
which, as; far as Mr. Fallin. can •said, to • investment of surplus
sion declined to follow a ruling;
ascertain, is the highest collection [funds,in Federal securities be~
of the. Attorney General's office/
rate the city / has ever attained. [cause of their fluctuating value.
which held that automobiles, [oik
T*xes billed for 1942 totaled $341
[. .The city, he pointed out, has fice furniture and certain stocks
731,384.47, of which $33,773,60769 $361,000,000 in bonds outstanding.
on hand were subject to taxes,
;
was
collected, leaving a balance !pari of which could be bought
of outstanding
current taxes; pf with
the / anticipated / surplus.
Union„ Miss.
$957,776;78.1
[ These bonds could be sold again;
Bond Legality Approved—The
During 1942, the city reduced
[after the war, to provide funds following: 3 Vk% refunding bonds,
its- pet funded 4ebt $6,409,659.22.
jfor new capital improvements.
aggregating $61,600, are said to
This makes g total reduction
The proposal would hot limit have been approved as to
\n
legality;
net funded debt jsince 1932, whi^h investment of
surplus funds solely by Charles & Trauernicht of St.;
was the peak debt year, of $36,1
:to capital improvements, he said. Louis:
$52,000 street improve¬
j are issued for. the.
Bond
a
and officials of the 25 REA asso-;
ciations in the State.
junanimously
$1,600,000 M<4- iSeqre.tary Fred Wilkinson will re¬
ropolitan : District, : 13th I issijp ceive sealed tenders until March
j ointly to Scharff & Jones of New bonds
offered Feb. 9—v.:; 157, p.
)8,: at 8 p.m./ of hphds of the disk
Orleans, and Barrow, Leary &Co.
lOOrrrWere awarded to a syndicate trict, up to the amount now avail¬
of Bhreveport, as rioted here re¬
composed
of
Union : Securities able of $6,000. •
'
cently, were purchased as
Corp., Goldman. Sachs & Cq„
at par, and mature $25,000 from
Plore, Forgan & Co., Stone- %
■^//'^'I/MINNESOTA
April 15, 1945 to 1954 incl
In* Webster
.
$7,000,- j
by the State Tax Commission to
and Miller, Canfield, Paddock &
^of Detroit.
■!:>1
'v>:
cil: at
some
000 have been formally declared
York
Npte Sale r- The Second rNgr committees of the respective cities
Bond Offering—gealed bids wjl]
tional Bank of Boston purchased had- criticized an earlier measure
be received
from the Board of
untjl 40 a.m. .on Feb. on Feb, 9 an' issue - of $500,000 which had been drafted by the
Sinking Fund 17
by Joseph H. McGillicuddy,
Commissioners by Blyth & Co. of
General's office.
The
notes* at 0,486% discount..-" Dated Attorney
Chicago at a price pf 117,74, a State Treasurer, for the purchase Feb. .10, 1943 and
dye $300,000 chief objection to the original
of / $225,000 '
basis of about 0.97%,
agricultural
(non- Nov.. 3 and
Due on
$209,000 Nov. Th, 1943, proposal was that it woold make
Feb.
1, 1949.
Interest payable callable) coupon bonds.
Penom.
arr airport
program
mandatory
$1000. Dated Feb. 17, 1943. Due
fiolyqke, Mqss.
i
F<-A.
'
once
the bill beeaihe. law with
$45,000 on Feb. 1 in
.1947 \q 1051
Plays 00-Cent Tax -Cut—This the two cities being obliged to
Pikeville, Ky.
incl.
All bids must- indicate a vear's' tJjx rate
will he: reduced pay the cost. The amended meas^
Bonds
Sold —Stein
Bros.
& single
coupon rate for the entire
from $30 to $29.50 per $1,000 of wr^*-gfvea •
Tisht }o
Boype and Bankers. Bond Co., issue in multiples of
Y& or
of assessed
valuation
underthe' decide - whether-they desire to
"
MISSISSIPPI
Mississippi (State of)
99.39%• 'in
,
4
on
,
|5,
Secretary: ppw ;reportr that" the
$250,000
refunding
bonds ' sold
,'
Bond
will
».
principal and interest charges
road bond issues.
--
H prion
>
in. 1941
Fztirche - Basin Levee- District 611,727,97.
(P. O. Donaldsonville), La.
Baltimore County (P. O.
Bond Sale Details—The District
KENTUCKY
>
basis pf
a
April
Lor
dianapolis will be furnished. En¬
close a certified check for $500,
^
fund allotment for the payment of <
Bonds—A
Fund Sells
.
April 15, 1951.
The approving opinion of Matson,
Ross, McCord, Ice & Miller of In¬
payable to the city.
(SF 181) would authorize
board to apply all or/
part of its State road and bridge
county
a
1940.
Orleans (P, O. New
y ■ : at: New
high¬
one
of
Chprity Hospital of Lowsipna
accordance
with the notice of sale.
Senate
meeting voted a
hearing with officers and atr
to submit to - the
torneys of the associations ' who voters at the 4-Pril 5 election: a
had refused to file inventories of ;
cliarter-amendment which, Mayor
their properties for the; purpose;
Jeffries/said, would permjt the of assessment. The officials took;
expenditure rate of. 99.36% / com¬ pity-Do invest an anticipated $10,the, position that the 1938 Act •
pares with 98.95% for. 1941 "and
600,000. surplus in its own out¬
99,01% for 1940.
--''v. standing bonds and pave the way granted the exemption from taxes/
Estimated revenue receipts.were for b "sound" postwar public im¬ ; / Tax Commission officials said!
the tentative valuation was made;
the same- as appropriations, v$57,r
provement program..
in order to seek a counter valu¬
067,680.32, and actual collections.! ;r;While the present charter does
ation from the associations, and
for the year were. $58,420,631.07i
not prohibit such action, Jeffries was not
intended to be used as
an
excess
collection of $1,361,?
:said, "the city can make no mis- a permanent assessment for tax
950.75, or: a collection rate of Take by: asking the general pubpurposes. They stated that while,
102,39%, as c o m p a r e d :-w i th ilia if they approve." % /:;'/;.///;//
the general properties are exempt
authorized but not is¬ [cess: of estimates..
^
sued may hereafter be issued to
Appropriations for the year 1942
pay for extensions and improver totaled $57,067,680.32. and; expen-;
ments, and if they are issued will dityres. $56,700,798,15.; i The'.city's
of: bonds
Rate of interest to be in multiples
to
an
State
Michigan
Wood
issued
are
airport bonds. Dated Jan,
1,
1943,
Interest payable J-J.
Due $5,000 July 1, 1944 to 1950.
more
•
V
nance
4%%
1 % and not
as
in the
$0600; 4% % public improvement thority properties in Mississippi,,
15 and July
Clerk, for the purchase of $35,000
of
measure
,
-
of ,44
emergency
Corp. of
Detroit;
Mountain Iron, Minn.;
ger within time limit, above// No [B r a un, Bos worth & Co. of Toledo;
bids
Certificates
Sold—The .Moun¬
by telephone will be ac- Grouse, Bennett, Smith & Co. of
All. bids, must be. for the Detroit, and .Paine, W ebber, J ack¬ tain Iron First State Bank was the
successful bidder on Feb. 1 tor
son & Curtis purchased on Feb. 5
issue
from the. City Sinking Fund the $40,000 certificates of indebtedness
following";. b o n d s
aggregating as 4V2S, according to the Village
,
-
posal—A* bill' introduced
1 [;/.:•
MICHIGAN
i Sinking
pursuant to an ordi¬ $1,361,950,75 from, revenue col¬
adopted by the city on Jan. lected in excess of estimates.- At
5, 1943, and the proceeds of this the end of 1941, Baltimore showed
a surplus for that year of $ 1.821 ,r
;'Morion, lnd.
//■'/■ issue are being used to refund the
Bond
Offering — Sealed
bids outstanding 4% bonds which were .301.17, which was; made . up; ol
will be received until 2 p.m. on originally issued in the amount $605,200.57 appropriation sayings,
Feb. 16 by Elizabeth Custer, City of $60,000. • The additional $7,000 •and $1,216,100.60 revenue in/ex Jan.
;;
Local Road Debt Payment Pro¬
will be syndicate composed of the First
telegram
participa¬
indebtedness of the units for gen¬
eral municipal fmrpo^es.,,
.Lynn,
Co., 0.435%;
First Boston Corp., 0.44%, plus $1
I■:•::[
con¬
original
by, the cities
might impair the- general bonded
&
v:'v
attorneys
bill to permit voluntary
.
0.99%.
about
-
Sachs
bond
tion .in .the. project
6,40%; R, R; -Day & Co., 0.415%;
Goldman,
operates the
tended that failure of the
Other bids:' Manufacturers-
Central I National ; Bank,
1950..LI//
expenses of operating and main¬ $1,728,832.92, of which $366;882.17
30,000 refunding of 1943 bonds taining the system. These bonds is from appropriation savings and
;
Municipal
counsel, has power and is obli¬
$275,000;:;,;:;
:/■;//;/■■ Baltimore, Md'/• ./■////;
gated to fix, maintain and collect
$170,000 41/4 % public improve^
:
Revenue' Collections Exceed .Escharges -for gas service ap as to
." ment bonds.
Due on Oct. 1.
timates—^Mayor Jackson has been
provide
revenues • sufficient
to
'"".1957.1:,
'
advised by Herbert Fallin,:.Budget
pay, as same shall become:- due,
75,000 4%% public improvement
the prineipal and: interest pf this Director,' that the city's; operating
/. [; bonds.
Due on Nov. 1, 1958.
Dec. - 31/ 1942,
issue of bonds, in addition to pay¬ statement as of
.1948 to 'Jan. 1,
.
Due Jan. 14,
•
received
System. : The city, in the opinion
100.219, a
basis of about 1.21%. Due on
Jan. and July 1, from Jan. 1,
:
0;.35% discount.
now
Twin Cities sewage disposal plant.
of
fol¬
of
machine
l%s,
as /
of the Gas
revenues
offered for sale
157, p. 298—were
the Harris Trust &
voting
'
157, p. 434—were awarded to
Security Trust Co. of Lynn
1044..
to: legality: .Will
bonds should be ready for deliv--
IPsd binding obligation of the city,
[Accordance with the terms and
provisions thereof, secured by a
first charge upon the income and
4—v.
•//; bonds
as
at
Public
in
lows:
■
the
authorized by Chapter 254 of the
f This issue of bonds constitutes,
O. Crown Point), Ind.
Bond Sale—The bonds, aggre¬
$49,000
w'.
be furnished the purchaser; These'
bonds are part of a $450,000 issue
the following:
(P.
to
the State
.
constructed and
Y:'r,
Sale-r-The
(Lawg pf. the. 190th-legis¬ premium,
fryst Co,, Pikeville.
Legality to
approved April 17, >19.41;
be approved by Chapman & Cut¬ Payment for .the-loan and' accrued
ler of Chicago. In connection with interest may be/made on or .about.
the bonds, the purchasers report Feb. 25, at which time definitive
INDIANA
awarded
State
with' the project. > The
proposed joint commission would
be. similar to that, which designed,,
$100,000 tax
anticipation-notes offered Feb,. 4
pledged ..for the payment-of
the
proceed
15% bonus
41:Swampseott, Mass!,
Note
:
both principal and interest. The
opinion of the Attorney. General
of
a
for.-city employees.
15.
an
are
lature
Lake County
Savings Bank of Chicago, as
payable
at/the k State
DepartmentThe s e
credit and good faith of
in the opinion of counsel, a valid
$79,000,
fert.He advocates
unqualified,' .direct
obligation of the State,, and .the
bonds
able at Pikeville National Bank &
•
Feb.
budget : proposed by Mayor- Toep-
Principal-' and
Treasury
$1,000.
Due
Aug. 1, as follows: $6,000
from 1944 to 1946 incl. and $7,000.
from 1947 to 1950 incl.
Callable
on any interest date in whole or
4 part in inverse numerical order
at
102
and / accrued • interest.
-Principal and. interest (F^A) pay¬
$255,312.68 more than the
$5,849,577.26< which they paid in
1941, according to figures re¬
on
for less.Dhan. par
Dated Feb. 1, 1943. Denom.
pay¬
ury,
gating
offer
accepted.
interest
to
as
No
be
principal, gas distribution system
revenue refunding bonds, part of
an
authorized issue of $53,000.
1942, paying $6,104,the municipal treas¬
for
869.94
for tax
record
all-time
an
ments
coupon,
ac¬
$46,000
joint
in
purchased
have
count,
Nineteen-forty-two
Louisville,
of
both
GEORGIA
'Monday, vFebraar y 15y -19 43
Kansas City, Mo.
;
Secondary
cate
;
Offering—A
composed of
Lazard
,
.
».
syndi-,
Freres
&
Co.; Ralsey, Stuart & Co., Stern
Co., of Kansas City; Otis;
81 Co., Braun, Bosworth 5c Co.,
of Toledo; Field, Richards & Co.,
of Cincinnatil Baum, Bernheimer
Co., of Kansas City; R, S. Dickson
8f Co., of Charlotte; Mullaney,
Ross 8c Co., of Chicago; Soden &
Co./, Callcnder; Burke & - MacDpnald,
and
Prescott,
Wright/
Snider Co,, all pf Kansas City,
purchased from the Prudential
Bros, &
Life Insurance Co. of Newark on
Feb/9,
a block of $2,738,000 1%%
series - A water revenue bonds at
a
price of 100.2097, a basis of
about 1,73%. Dated Aug- 1, 1941/.
Interest F«A. Depom. $1,000. Due
Aug. 1, as follows: $135,000 in.
1948, $136,000 in 1949, $144,000 in
1950, $160,000 in 1951, $163,000 in
1052, $171,000 in 1953, $175,000 iH
1954, $176,000 in 1955, $187,000 in
1956.and.,1957, $192,000 in 1958,
$216,000 in 1959, $248,000 in I960,
and $448,000 in 1961.
Bonds ma¬
turing Aug. 1, 1957 to 1961, may
be called for redemption on Aog?:
1, 1946, or any interest payment
date, thereafter to and including.:
Feb, 1, 1051,. at par and accrued
Interest, plus a premium of 2%'
Volume
of
"Number 4151
157
THE COMMERCIAL &
FINANCIAL CHRONICLE
amount of such I Commission would, endanger the type and" character shall be tax¬
" ' * able by the terms of any Federal
and redeemed; or' city's financial structure. '
each of said bonds may be called
Accompanying Mr. Wanamaker income tax law, the successful
the
principal
bonds
for
paid
so
of saleable
lands, which will prob- 1943 to 1967,
to 3,400 acres, about
2.90%.
Approximately $83 an acre is be- F-A.
<
were
redemption on Aug. 1,
interest
payment
1951,,
date
thereafter, prior to maturity, at
par and accrued interest, plus a
premium of 1 % of the principal
or
595
be
ably
Assistant Corporation Coun¬
bidder may,.at his election, be re¬
Maloney .and' William lieved of his obligation under the
chief city accountant. contract to purchase the bonds,
A.
Fuhr,
amount of such bonds so
paid and
Le¬
gality approved - by Bowersock,
Fizzell & Rhodes, of Kansas City.
of
payable
Du
School
Bois
District
Ycungstown Metropolitan Housing
(P. O. Du Bois), Pa.
Authority, Ohio
*
Bonds Sold—It is stated by W.
Asks
Ruling 011
Tax-Exempt A.
Rounsley, District Secretary,
Assemblyman Abbot Low Moffat,: and in such case the deposit ac¬
Republican of New York, Chair¬ companying his bid will be re-man of the
Commission,. presided.: turned, The approving opinion of
"The proposal of. the Commis¬
Vandewater, Sykes & Galloway
redeemed, prior to maturity.
basis
ing realized from the sale.
sel Fred C.
any
giving a
Interest
reduced
Status—P. L. Strait, Director, re¬
ports that the Authority has filed
that Butcher & Sherrerd of Phil¬
adelphia purchased recently $34,Mahoning 000
to four of New York will be furnished to
refunding and funding bonds;
County Auditor and the Depart¬
years the period of borrowing on the'
as
purchaser without cost.
En¬
IVzs, paying a price of 100.52,
ment of Taxation, Board of Tax
The
unpaid taxes would seriously: af¬ close a "certified check for
Prudential;
received
one
a basis of about 1.40%.
Denoms.
$2,200,
Appeals of Ohio, > for exemption
fect the 2% tax limit in the tran¬
other bid for the bonds, an a<%
payable to the town.
Dated Feb. 1,
" and remission of taxes on its $1,000 and $500.
count headed by Harriman Ripley sition
years," -' Mr. ■: Wanamaker
1943.
Due on. Feb. 1:
$3,000 hi
New York City Housing Authority,
projects. The decision of the Ohio
& Co., Inc., and Phelps, Fenn & said. v"-V; '
1944 to 1950; $4,000, 1951 and 1952,
:
N. Y.
Supreme Court in the Columbus
Mr.; Wanamaker insisted : that
Co,, offering a price of 100.063.
and $5,000 in 1953.
Interest pay¬
Note Sale—The $2,750,000 notes case, denying tax exemption to all
the period for the issuance of taxable F-A.
•'St. Louis,. Mo.
"j: -1; anticipation notes should be left offered Feb. 4—v.'157, p. 435— Ohio housing projects has, Mr.
Bridge Tolls Increased—An or¬ at five
years." If the period is rei- were awarded to a group comr Strait reported, caused the Fed¬ Fayette County Housing Authority
dinance increasing rates for com¬
posed of the Chemical Bank & eral Government to take over all
duced to four years, he warned,
(P. O. Uniontown), Pa.
mercial
vehicles
crossing
the Buffalo would have to increase its Trust Co., National City Bank, Federally-aided public
housing
Bonds Approved—The Pennsyl¬
New York Trust Co. and Brown
Douglas MacArthur Bridge from borrowing from
projects in the State by April 1, vania
$635,000 to $1,1Department of Internal Af¬
15 to 25 cents was enacted by the
Brothers Harriman & Co., all of 1943, except the Youngstown proj¬
fairs has approved
270,000.:::"
an
issue of
Board of Aldermen here Jan. 29.
New York, at 0.57% interest, plus
ect.1
The
latter
was
excepted $3,282,000 authority bonds.
"That," he said, "would be a
Designed to bolster dwindling financial feat which.would be im¬ a premium of $33. /Dated Feb. 15, because its $489,000 series A bonds
revenue
as
a
Lansdale School District
result of gasoline
are
owned by sinking funds of
possible for Buffalo undeF the 1943, and due-Aug. 16, 1943. Other
bids:- Salomon Bros. & Hutzier, the State, consisting of the Pub¬
rationing, the measure had been present 2% tax limit." '
(P. O. Lansdale), Pa.
7/;.;
up
for passage a week earlier
lic
"
; S
Bond Offering—Sealed bids will
Employees' Retirement Sys¬
i \ )'.:** T. 0.58%, plus $21 premium; Harri¬
Cross County Parkway Authority
but was-laid over at that time
man
Ripley & Co., Inc., 0.57%, tem, the Public School Employees' be received until 8 p.m. on March
after a heated discussion revolv¬
(P. O. White Plains), N Y. *f plus $5.50.
Retirement System, and the State 1
■
"■'■ / /■
by Katharine D. Jones, District
ing around the possibility that an
Teachers'
Fleetwood Tolls Found Suffi¬
Retirement System. Secretary,
for the purchase ■ of
New York State Bridge Authority
increase might cause someone to cient
Other
for
Bond
bonds
are
held
Requirements—
by the $25,000 1/2, %, 1, 1V4, l^,.l3/4 or
:•;;-/ (P.O. Albany), N. Y.
contest the
FPU A.
legality of charging Bondholders of Fleetwood Toll
In ruling in the Colum¬ 2%
coupon school bonds,
Denom.
Annual
Revenues
Show
De¬
tolls on a bridge which originally
bus case, the State Supreme Court
Bridge at the Mount Vernon-Yonr
$1,000. Dated March 1, 1943. Increase—Effect of war conditions
was built as a free bridge.
kers line need not worry about
observed that the Board of Tax
sion
,
reduce
to
application
from-five
with
the
.
.
.
.•
..
,
'
*
Enactment
*;
Alderman
J.
opposed
the
measure
first
brought
up,
took
and
declared:
we
and
interest
from
be
I
when
the
floor
understand
raise the rate the bonds
the
we
to
which
bridge
retired
Then
"As
in
can
is
income
applied
two
years'
can
time.
reduce the rates and
eventually make the. bridge free.
With
this in
mind, I vote yes." j
;/;NEBRASKA
Broken
'
Bow
:'"//
School
District
(P. O, Broken Bow), Neb.
:
Bond
that
'
<
Disposal Report—It is said
$88,000 issue of refunding
being handled by the
Kirkpatrick-Pettis Co. of Omaha.
an
bonds
the
(P. O. Nebraska City), Neb.
•
Bond Issuance Considered—The
Board
of Education
is said
to
be
considering the issuance of $157,f
refunding bonds.
.
/
000
,
few
next
Nebraska
J C
Change Proposed—A bill has been
introduced in the State Legisla7
ture.by Senator Reavis of Falls
City which would allow counties
owning bridges financed with
rev¬
enue
bonds to refinance with gen¬
eral
obligation
bonds
of county taxable values,
refunding
than
interest
one-fourth
is
of
to
up
2%
provided
not
more
bridge
revenues and bridge maintenance
is paid from highway department
.
JvBoiidNOffering—M.;
least.
County
Bridge costs
Albany County (P. O. Albany),
"/
•
JV.
V.
Bonds
Authorized—Resolutions
$35,000 maintenance and
operation, $100,000 for amortizar
on
tion, and $53,000 in bond interest,
a
total of $188,000.
The reserve
on Jan. 1,
1943, was $489,341, said
the Authority, and this may be
est:- coupon; or
increased whenever
revenues
Prin.
ceed
*
operating
and
eral
New
were
adopted by the Coun¬
cent
meeting.
Unanimously, the
Supervisors adopted resolutions
authorizing $500,000 in tax reve¬
nue bonds,
outside of the above
authorization, and approved the
borrowing by County Treasurer
John M. Smith of $1,000,000 in an¬
ticipation of tax collections for
the current fiscal year.
''
Buffalo, N. Y.
Officials Oppose Cut in
Tax-Note Period
A dispatch
from Albany to the Buffalo ''Eve¬
—
ning News" of Feb. 5 reported as
follows:
A
Buffalo
delegation,
headed by Deputy City Comp¬
troller
George W. Wanamaker,
Thursday afternoon warned mem¬
bers of
-
f
seyr
of
of
the
finance
changes
Commercial
laws
that
proposed
some
by
for
not
Feb.
1
from
1944
/ and int.
revenues
at
for
to
the
State
| now
tered
refunding of 1943 bonds.
$1,000.
Dated March 1,
Due $10,000 on March 1 in
Denom.
1943.
to
1963
incl.
Interest pay¬
Rate of interest to be
in
multiples of V4
and
must
be
the
or
1/10 of 1%
wealth,
district
bills to
neces¬
liquidate the bonds
and accrued interest.
par
to
as
•
t
Authorized
—•
The
whether
the
bonds
improvements.
sue
mar¬
York
exchange, or at thd
Co.,; New York?.
Trust
Magnolia, Ohio
noon
Valid and
legally binding general
of the' town, all the
taxable
real
property / ..within
which will be subject,to the levy
obligations
of
ad
valorem
and
without
taxes To
'the
interest
limitation
The
amount.
pursuant
to
as
bonds
Section
General
purpose
1944
...
issued
of
tlie
of-refunding
a.
received -by private
from bonds of the same
crued
interest.'
must accompany
i
V-
■
.
of 1%.
A
check, ; payable
$200
to
the
the bid.
i
•
The high¬
bidder shall be the
lowest interest cost
life; thereof,
bonds during
the
amount
above the face
the
amount of
is¬
The enactment at any time
prior to the delivery of the bonds,
of Federal
legislation which in
.
I
No bid
will
-
includes
these
bonds, will, at the election of the
relieve the purchaser
obligations under the
.
8100,000.
lighting
to
of the contract of sale and
entitle the purchaser to the return
of the amount deposited with the
bid.
Issued subject to the favor¬
' able opinion of Townsend, Elliott
& Munson of Philadelphia, and
will be delivered to the
purchaser
only if and after the proceedings
authorizing the issuance thereof
have been approved by the De¬
'
.
1001
his
1115,
partment of Internal Affairs.
improvement
close
certified
a
check
for
En¬
2%.
be
with
paid
accrued
•-*1" A
on
on
presentation
'
■'/"':
.
*" Lock Haven, Pa.
*
Debt Retirement—The payment
inter^
Feb.
1
bonded
1
of
$10,000
debt
on
reduced
the city's
the
aggre¬
gate amount outstanding to $137,-
I
500.
Had
the
bonds
contained
Butler
I
Ohio
Debt Retirement Scheduled—At
-
Township School District
(P. O. Drums), Pa.
Bond
Sale
meeting of. the Con¬ reported
servancy
Court, Wade O'Brian, funding
financial officer, reported that by Deane &
1949 the district will have retired at a price
the .annual
that
Details—It
is
in
1936, a payment of at
$20,000 could be made this
now
as
.
the
of
$15,000 ,3%
bonds sold. to
Singer,
Scribner of Pittsburgh,
of 100.192, as noted here
bonds aggregating $9,000,000. The last October, are dated Aug. 1,
district, he said, owns 4,800 acres 1942, and mature on Aug. 1 in
there
in
the
1942.
least
year,
were
of
was a balance of
$24,573
sinking fund at the ,close
The
issued
bonds
in
$207,500 in
the
a
are
total
21/>s and
amount
refunding
oper-
ation.
and
Dana
tj
,.
ii.j
■■ 1
J
v:
;:T
,
>r-- <
:
:!
t •» i- R
.•
.: \
-.<■*>
.
a
call clause when they were issued
<
■
for
PENNSYLVANIA '
village,
.
calling
of said bonds.
and ac¬
certified
.
which
character
offices:
.
of
sue.,
Financial Chronicle (Reg. U. S. Patent
Office) William B.f Dana Company, Publishers, 25 Spruce Street, New York. BEekman 3-3341. Herbert D. Seibert, Editor and Publisher:
Seibert, President: William D. Riggs, Business Manager. Published twice a week {every Thursday (general news and
advertising issue) with a statistical issue on Monday]. Other
Chicago—In charge of Fred H. Gray, Western Representative, Field Building-(Telephone State 0613). London—Edwards & Smith, 1
Drapers' Gardens, London, E.C. Copyright 1943 by William
B. Dana Company.
Reentered as second-class matter February 25r 1942, at the poet office at-New York, N. Y., under the Act of -Maxch-3j 1879.
Subscriptions in United States and Possessions,
$26.00 per year; in Dominion of Canada.
$27.50 per year. Sputh .and Central Arpejica, Spain, Mexico(and Cuba,, .$29.50 per year; Grpat Britain, Continental Europe- (except Spain), Asia, Australia
'and Africa, $31.00 per year.'NOTE: On account1 of the fluctuations'In. the
rates of exchange, remittances for foreign .subscriptions and advertisements must be, made in New-York funds*
t
: 1
!• t-f' 4.
William
to
premium offered, if any, over and
collection
1—Nos;
Face value
Miami (Conservancy District,
,
atv the
purchaser,
'.the amount of $114,338.39.
est
or.
the
pro¬
bonds, dated March 1, 1940, to
$1,500
and
Bidders may spe¬
is'to be for less than' par
the
of
March
oiU 6%
a' multiple of .%
income
the holders
in
bidder,
terms
2704 to 2803, of
assessment
amount
On
rate
like principal amount of valid and
outstanding bonded indebtedness
the
spe*-
thereon
pay
Law' and th£
approval of the State Comptroller
the
$1,750
to
interest.
accrued
the
/ bonds, dated Feb. 1, 1940, to the
cify a.different rate of interest in
are.
8
lows:
1.-7%
Denom.
$500,. .one fob $250.-- Dated Feb.
15, -1943.. Due on Sept. .1 as fol¬
is
On Feb..28—Nos.
V
Municipal
for
to
.bonds.
in 1945 to 1953.
responsible
account, of such
on
"J;!Z//
payment the following bonds:
Feb. 20
011
B./ Cornell
wood
:'
■
4%/street improvement
rial;' assessment
sold
district, which shall be de¬
termined by deducting from the
total amount of interest to be paid
Portland, Ore.
Gall—City Treasurer Lin-
Bond
Bond Offering—Sealed bids will
250-
be
from
Principal and inter*Davidson, Village
payable at the Washington IrI; by/; Miles R.
ving Trust Co. "Tarrytown, with Clerk, for the purchase of $15,f
Guaranty
the
taxes
the
r'
OREGON
est
New
Common-
the
which
and agrees to pay.
will
est responsible
rials which has prevented the
city
from using the funds for various
City
t
be received until
the' bonds.
as-
terms, by the repeal or omission
permit the city to invest proceeds of
exemptions or otherwise, sub¬
a large bond issue
pending the jects to a Federal income tax the
lifting of the embargo on mate¬ interest on bonds of a class or
recently passed an ordi¬
calling for a $25,000 issue
playground improvement bonds.
Due $5,000 on Sept. 1 in 1944 to
1948 inch" '
%
' /
--4
of
of
bonds
and
The
nance
.1
or
of
of
of
law
all
assumes
highest
C. H. Veale of Tulsa in order to
Cincinnati, Ohio
-
for all
same
future
or
of
-
Council
,
hereafter levied
or
sessed thereon under any present
bonds
Legislature passed the
raised
OHIO
Bonds
The
bonds /afld;, the interest thereon
will be payable without deduc-
surplus
use
retirement
refunding
should be redeemed at their
bonds, dated July 1, 1940.
(EWT)
16, by William C. Duell,
Town Supervisor,* for the
purchase
of $110,000 6%
coupon or regis¬
upon
school districts of this class.
need for an opinion, from the At¬ one
who, having complied with
torney* General arises from the the conditions of sale, offers to
faet;- that a question has been take the whole amount of the is¬
incl.
*
Feb.
taxing
law
vided such bid is not less than par
at
Treasurer's; office, or at
Washington County National
Bank,, >. Granville.
Legality ap¬
Greenburgh, N.Y.
imposed by
the
County
Bond Offering—Sealed bids will
be received until 1 l a.nr.
the
within
taxes
limitations
The
sary
the
.
az
now-held by the State Permanent
School Fund..
Both branches of
bridge
1958
lorem
proposal
$5,466,054
inter¬
payable
us."
has been asked to give an opinion
as
to the legality of the admin-
1,.;1943.
$10,000 on
to
(F-A)
Bids will
Proposal Questioned—State Attor- tion for any tax or taxes, except
ney General Mac. Q. Williamson succession
or
inheritance taxes,
(EWT)
purchase of
Due
Due $5,000
1, 1944 to 1948.
be received for the entire issue
Oklahoma (State of)
Validity
of
Debt
Retirement
Dated Feb.
Denom.;'$1,000.
before
receive
registered
bonds of 1943.
March
use
OKLAHOMA
p.m. "
the
deter-
to
present
exclusively for any of the above rates of interest
any public purpose," and conse- but no bid
combining two differquently:"such subjects as slum ent rates of interest will be ac¬
clearance, hou sing conditions, cepted.
Registerable as to prin¬
health and sanitary measures are
cipal only.
Payable from ad va¬
istration
.....
In the event that
special legislative Com¬ of the town.
planning a recodification prior to the delivery of-the bondk
local
19
the
of the property is
Parish,
will
2
whether
York
a
mission
Feb.
M.
j terest payable M-S.
"limited
was
mining
-
bonds
City
Appeals
report
City bridges an$ proved by Hawkins, Delafield & ket value, which would require a
tunnels must curtail operations to
Longfellow of New York City. ;f" further payment of about $110,000.
certain hours of the day, to save
Bill
Would
Permit
Sinking
NORTH CAROLINA
operating costs, and in'some inr,
Fund Conversion—Conversion of
stances it is rumored authorities
local
sinking fund
assets
into
Murphy, N. C.
v
%
in the metropolitan area have con¬
Federal bonds is provided for in
Tenders Wanted—E. O. Chris¬
sidered closing such traffic routes
a bill now before the State
Legis¬
topher,: Town Clerk, will receive
because the collections are actu¬
lature.
The measure was intro¬
sealed tenders rmtil 5 p.m. on Feb,
ally lower than cost ofv operation.
duced at the request of
Mayor
"23V -of / funding!and
refunding
1953
bonds
revenue
$150,000 not to exceed 6%
ex¬
maintenance
By contrast, it is reported,
authorizing the issuance of $769,able M-S.
000 in refunding and home relief
ty Bbard of Supervisors at a re¬
Treasurer,
Bids- until
annual basis" sealed
on .an
include
on
NEW YORK
and
annual
Cambridge), N.
years, at
gross
funds.
the
tization' of bonds and interest for
the next two and a-half
.
Financing
traffic
in
.
(State of)
Bridge
ounty
shown
years,, anyway,
costs.
4
reduced
was
the of the New York State
Bridge
Cross County Parkway Authority
Authority, which; controls
and
revealed
recently, - although the
operates - the'. Rip
Van. Winkle;,,
county's credit is not behind the
Mid-Hudson and Bear Mountain
$3,000,000 bridge bond issue, such
bridges.- Net revenue for the year
collateral being only. the.lO-eent
ending Dec. 31, 1942, according to
tolls collected at the bridge.
:;
the report, was $354,410.15, a drop
Although revenue has .dropped
of $181,209.34 from the preceding
considerably because of gasoline
"/
and tire rationing and the ban on year. "";;"/
Tofal
traffic
for
the
three
pleasure driving, it still ; covers
bridges for 1942 included 2,044,314
maintenance
and
operation, the
vehicles against 2,520,963 in 1941.
Authority said. There is, in addi¬
tion, a sufficient reserve for amofr " j Washington County-(P. O.
is
Nebraska City School District
-
.
their interest and amortization for
Warnick,"
who
it, if
in
after
assured
was
.William
1.
*.
•
%
•
!
v
•
THE COMMERCIAL & FINANCIAL CHRONICLE
596
The
McKeesport, Pa.
City
Council
Issuance—At
Authorizes
State
recent meeting
reported
pal
bonded
bond
manic
toward
step
refunding of outstanding
sewer
improvement
certificates
000
first
and
street
which
the city
save
$400,000 council-
issue—the
is
expected
co
approximately $375,-
the next 20 years.
over
By unanimous motion, the ser¬
C. C. Codings & Co.,
Philadelphia investment bankers,
vices of the
retained
were
to
prepare
to
assist
in
the
of
sale
the
Officials
to confer with
are
itor
at a fee of $2,500,
city prospectus and
bonds.
posed
firm
a
pro¬
of
the
City Solic¬
Harry M. Jones to work out
details of the proposal.
The Codings firm.guaranteed a
maximum interest • rate of 24/2%
a
charges.
,and ' interest
ing
investments
as
to
The
purchased
were
Board
re¬
the
report,
by the
and, accord¬
borough has
refused to either retire the bonds
at
maturity or meet the interest
charges. Following conclusion of
testimony in the Board's suit, the
court granted the motion of .at¬
torneys for the plaintiff for a
directed verdict against the bor¬
ough.
Counsel for the borough
moved for a new trial, jt was said.
The borough, it was said, failed
to offer any defense to the suit.
The
school
board
purchased
that
debt
in
$400,000
1944
In this connection the
"These
amounts
was
and
1945."
Mayor said:
assist
will
the
people of Memphis materially in
meeting the very heavy tax bur¬
dens which fall in the years
1945,
1944,
1946
and 1947.
In these
years the bond maturities are un¬
usually heavy, but after those
turities
ment
met
are
should
be
ma¬
the city govern¬
able to breathe
freely, because the maturities in
subsequent
lower."
years
•
much
are
;,j;
f
•
■
TEXAS
the
Counties, Pa.
Available
for
Funds
to
appropriated out of savings "to¬
the payment of the city's
Dallas,
,
Texas
is stated
city since 1939 has
issued
here.
to
and
The
to
cost
the
provide funds for
improvements
sewer
total^ annual interest
city is approximately
$24,000.
the
bridge spanning the Susque¬
hanna River.
Although gasoline
rationing and other measures re¬
sulted
in
marked
a
decrease
in
toll collections, it was expected
Codings firm has pointed
that sufficient
funds would be
that, under the present pro¬
available to retire the remaining
cedure
the
city would expend
$480,000 in interest during the $600,000 of the original $2,800,000
bonds issued by York and Lart20-year life of the proposed bond
The
W.
.
Aston
for
ject of the long-range financial
plan is to eliminate the debt and
interest payments which now
said to total about $1^500,000
are
^■; ,.1.7/.
annually.".
7;'
City Manager Aston, who is
caster
Counties
to
finance
the now serving in the U. S. Army.,
issue; whereas, at an interest rate
was
recently credited with the
Each
of 2V2 % the interest cost would construction of the bridge.
statement that Dallas could follow
be approximately $105,000 in 20 unit issued $1,400,000 bonds.
the long-range plan and still fi¬
In
his
annual
report of re¬
years, or a saving of $375,000, with
nance needed permanent improver'
the added advantage that the cer¬ ceipts and disbursements of the
county for the fiscal year ending ments costing $1,000,000 a year.
tificates would be retired.
Jan.
2, last, County Controller
Jennings B. Hartman reported a
balance of $3,447.16 in the general
Be
Paid—Secretary of Revenue bridge fund and $306,617.21 in the
David W. Harris has warned State
bridge sinking fund account, or a
taxpayers that the 4-mill State total of $310,064.37.
These funds,
personal property tax must be it is stated, will be ample to pro¬
paid by midnight Feb. 15 to avoid vide for York County's share for
a
penalty. The current tax due the liquidation of the bridge ob¬
applies to all taxable assets held ligation. j/'
; -'.T:
on
Jan. 1, 1943, by residents of
An audit of the bridge accounts
the State.
by the Controllers of the two
Pennsylvania (State of)
/ Personal Property Taxes Must
Fort
/>
Bond
improvement
157,
First
statement clear¬
a
ing up what he termed misap¬
prehension regarding the obliga¬
taxpayers in event the levy
tion of
is not re-enacted
ture
by the Legisla¬
recommended by Governor
Martin. The tax expires
May 31.
as
Harris
the
said
law
failure to
"would
not
re-enact
relieve
the
taxpayer of the obligation to
pay
the
tax
due
which
is
returnable
Feb. 15."
He
explained the act provides
bonds
marine
that it remain in force until
pay¬
ment of taxes for the
present re¬
turnable
taxes
well
period
and
all
other
owed for previous
years as
as
penalty and interest.
Philadelphia, Pa.
Assessments Cut $25,000,000
that
City—Widespread
offered
Feb.
9—v.
' Bank
National
and
assessments
on
estate
for
tax purposes,
1, 1954, have been purchased for
sinking fund account and will be
cancelled.
connection
of
opened to the public by the Board
water
The
tentative
entire city is
in
estimate
for
the
$2,471,648,828—a cut
1943
for
city
each
of
tax
While
the
to
is
The
are
properties,
noted
are
has
most
reduc¬
taken
of
the
title
cuts
in the
centrally-located
Eighth and Ninth Wards.
These
are
due generally
and
depreciation.
Among
large
to, obsolescence
the
war.
reductions
were
Fidelity-Philadelphia
Building, from $9,314,600 to $9,100,000, a drop of $214,600; Archi¬
tects Building, from $1,154,000 to
a
-
.
.
Hamilton
County (P. O.
Chattanooga), Tenn.
Bond
Contract
decrease of $146,000.
Penfield
Building, from $2,809,800
$2,665,400, a depreciation of
$144,400, and Packard Building,
from $4,242,000 to
$4,114,900, a cut
of $127,100.
to
Fund
Judgment
on
Obtains
Defaulted
count
of the
Renewed
—
bonds
the
will
contract
with the Cumberland Secur¬
into
city
of
county bonds totaling $2,025,000.
of
the
fore
Marshall,
been
appeared be¬
Council
a
the
and
total of
refunded
lieved
representative
corporation,
the
reported
$1,638,000 have
and
said
he
be¬
remaining $387,000 of
the old issued could be cleared up
within a short time.
The old
bonds, Mr. Marshall
said, bore interest at 4% and 5%,
while the new issues are for
V-k,
3 and 3^4%.
plan
all
Under the refunding
the
$2,025,000 in bonds
by 1957.
will be paid up
Tax
$322,945
tax
Bonds—
sessed
Rate
rate
is
Reduced—The
$21
per
valuation,
the
ac¬
City Bank
Cancellation of the
result
in
a
saving to
$42,750, representing
have accrued
the bonds to
on
ma¬
1943
$1,000 of
compared
Seattle,
as¬
with
ries
Wash.
$7,000,000 se¬
municipal light
and
power revenue bonds offered Feb.
10—v.
157, p. 516—were awarded
syndicate headed by Blair &
Co., Inc., John Nuveen & Co.,
to
a
Chicago, as 2y2s, at a price of
97.85, for the bonds to be callable
as
of Jan.
offered
1, 1948. The bankers
the
yield 2.10%
bonds
to
a
at
dollar
prices
re-
to
price of
98, according to maturity. Due se¬
rially on Jan. 1 from 1954 to 1970
inclusive.
Associated
in
the offering are:
Higginson Corp., B. J. Van
Ingen & Co., E. H. Rollins & Sons,
all of New York,
Stranahan, Har¬
ris & Co., Inc., of
Toledo, A. C.
Allyn & Co., of Chicago, Drumheller, Ehrlichmann Co., of Se¬
attle, Weeden & Co., of San Fran¬
will
bids
resented
by
increased
those
from
for
education
35.1%
in
1940
to
36.4% in 1941.
(These percentage
figures exclude county levies for
education
which
included
are
in
and thus form part
"general" levies.
If the
county rates
of
the
county levies
distributed func¬
are
tionally the proportions for edu¬
cation
increases
in
to
levies
38.1%.
for
This
education
despite reductions in
ipalities and generally increased
provincial school grants.)
;; <
Municipal
collections
tax
in¬
creased from
$118,605,000 in 1940
$119,016,000 in 1941, an in¬
to
of
crease
$411,000, or .35%. This
represents
106.2% of
levy, of which 88.9% was
collection
the 1941
of
current
of
arrears.
and
17.3%
was
The comparative fig¬
1940 was 103.4% divided
for
ure
taxes
current and
17.3%
ar¬
collection.
Tax
arrears
cline
which
continued
began
in
the
de¬
1934,
the
figure standing at $24,271,000
$6.92: per capita,
compared
with $30,905,000 or $8.88 per cap¬
1941
or
percentage
26.9%.v
1
net, has shown
MANITOBA
!
At the
ture
Greater
Winnipeg
Water District,
Manitoba
Bonds
Offered
to
Public—A
end
$95.57
from
1940.
in
about
Dated
3.30%.
Feb.
1, 1953.
Denom.
1, 1943.
Due
$1,000.
Feb.
on
Interest payable F-A.
Report
nated
on
wealth
material
situation
in
of
on
well
the
On¬
tario is given in the eighth an¬
nual report issued by the Depart¬
ment of Municipal Affairs for the
1941.
year
This
has
been
re¬
leased by authority of Hon. T. B.
McQuesten, Minister of Municipal
Affairs.
The report is divided into seven
sections.
The first section is the
foreword, the second the table of
contents, an introduction, com¬
parative
summary
summaries,
of statistics,
1927-1941,
1941,
and
the sixth section gives the munic¬
ipal statistics for 1941 under a
variety of headings, such as: (a)
cities;
(b)
towns,
which
sub¬
divide into separated towns, those
in counties with populations of
with
over
lations
populations
of
5,000
and districts with popu¬
under
5,000; villages, in
counties with populations of 5,000
and over and those under 5,000;
villages in districts, with popula¬
tions under 5,000; townships, in
counties with 5,000 population and
over
and those under 5,000 popu¬
lation; townships in districts, also
over and under 5,000 population;
counties; sinking funds, water¬
works
and
The index is
gas
supply
The debt represented
assessed valuation
compared with
12.3%
in
After
deducting sinking funds,
$282,550,000 or $80.51 per capita, con¬
siderably below the 1940 figure
of $311,377,000 which
represented
$89.50 per capita. At the end of
net debenture debt stood at
net
debt amounted
to
9.5%
assessed
in
7
Is¬
municipal
of
or
the
coordi¬
the Province
deben¬
valuation, while
1940 the figure was 10.5%.
Ontario
sued—A
of
1941
of
(Province of)
Municipal Debt
gross
$335,400,000
1940,
1941
ONTARIO
was
per
11.2%
of
further decline.
1941
capita, a reduction of
$30,176,000 and $9.50, respectively,
&
Co., Mills, Spence & Co. and
McLeod, Young, Weir & Co., all
of Toronto, is offering for general
investment
$1,400,000 3!'2% re¬
funding bonds at 102.12, a basis
a
of
debt
syndicate composed of Gouinlock
systems.
the seventh section.
In the way of municipal taxa¬
tion, it is noted that the assessed
population of all municipalities in
the province reached 3,509,000 in
1941, an increase of 30,000 over
1940.
During 1941 assessed valu¬
ation increased by $2,986,000. This
amounted to $851 per capita com¬
pared with the 1940 figure of $854.
Tax
levies
decreased by $2.cisco, Bacon, Stevenson & Co., of 665,000 to $112,256,000, or 2.32%
Lee
were reduced by
$2,100,000.
proportion of total levies rep¬
was
and
Sale—The
LR-6
ex¬
received by the Bankers Life
Co., at its home office in Des ita
outstanding at the end of 1940.
Moines, Iowa, until 3 p.m. on Feb. Represented i as a
percentage of
17
for the purchase
of various the
appropriate levy, arrears at
blocks of municipal bonds aggre¬
the end of 1941 were 21.6%, while
gating $3,267,000.
.:v/-77;':-.':.:;.y at the end of 1940 the
tricts
Bond
sealed
5,000 and over, and those with
populations of under 5,000; dis¬
WASHINGTON
last
ities Corp. and associates for re¬
funding at lower interest rates of
W.
to
the amount of interest that would
The
year
J.
National
of New York.
County Council renewed recently
entered
interest
accrued
Walker Bank & Trust Co. for
required in their purchase.
Memphis, Tenn.
Shenandoah, Pa.
State
$141.66
City paid $397,500 plus
turity, less the premium of $97,500
;1.
bonds for
the 34-story
$1,007,900,
plant bonds, the Town Re¬
the
many
outlying sections where
Government
introduction
corder reports that the
financing
will not be undertaken until after
$1.70
$1.17 V2.
there
in
realty
the
issue of $100,000 light and
an
The
assessment.
on
$100
school tax is
tions
$25,000,000.
with
bill in the Legislature to vali¬
a
date
valuation from last year's
$2,-
496,648,828
Covington, Tenn.
'
Financing After War—In
Bond
it was revealed re¬
cently when the new books were
of Revision of Taxes.
UTAH
TENNESSEE
of
1943
three
County side of the
that
be
the
bridge remain to be paid by the
Lancaster County Commissioners.
Lancaster
Corley, Assistant Secretary,
announces
Northern Trust
Salt Lake City, Utah
'''
Buys Bonds—Ethel Macdonald,
City Recorder, reports that $300,000 of city 4V4% bonds, due Feb.
the
reductions have
made
of
tax
years' standing and the purchase
price of a property acquired on
in
been
Philadelphia real
State
a
S.
were
which
cation
The
rears
United States -77':'
Issues Offered For Sale—
creek
Co., both of Chi-;
cago, jointly, on a bid of 100.002,
a net interest cost of about
1.82%;,
as
follows: $225,000 street bonds
consisting of $115,000 2s, due from
1944 to
1958 incl., and $110,000
counties revealed that Lancaster
l%s, maturing from 1959 to 1968
.County had a total of $293,000 in
incl.; $220,000 marine creek chan¬
hand toward liquidating its share
nel bonds include $102,000 2s, due
of the bridge obligations on Dec.
from 1944 to 1953 incl., and $98,1, last. At the beginning of this
000 l%s, maturing from-1959 to
month
$20,000
was
transferred
1968 incl.
Halsey, Stuart & Co.,
from the bridge operating account
Blair & Co., Inc., and the Fort
to the Lancaster County Bridge
Worth National Bank submitted
account, increasing its balance to
the
next
highest
bid,
offering
$313,000. There remained a bal¬
100.017 for $225,000 2s and $170,A
ance of
approximately $20,000 in
000 1%S, a net cost of 1.849%.
the bridge operating fund.
It is
stated
r'
UNITED STATES
Old
J.
however,
education
Debenture debt, both gross and
■
Harris issued
yM/
303—were awarded to the
p.
of Franks-
U.'
at
$425,000 street
and
levies,
for
ceeded those for 1940 by $565,000,
so that levies other than for edu¬
Worth, Texas
Sale—The
channel
:
these
in
levies
into 86.1%
some
out
be
the Bank
viile, Wis.
a
The ob¬
will
bonds.
Dated Dec. 15, 1942,
Due
$1,000 on March 15 in 1944 to
1955; optional on and after March
15, 1944.
Prin, and int. (M-S)
as
Dallas
"debt-free" city by 1974.
figure. This sum
$31,99 per capita, or
$1.04 less than in 1940. Included
15
(today) by
the Village Clerk for the purchase
of $12,000 2V2% refunding of 1942
payable
1940
school attendance in many munic¬
Offering —Bids
received until Feb.
three
than
more
establish
to
years
Bond
the bonded indebt¬
the
the
increase
Sturtevant, Wis.
.
.
below
represents
has occurred
WISCONSIN
Bridge
Debt
Redemption — The
the city on the proposed bond
been reduced from $37,532,500 to
Wrightsville and Columbia Interissue, but stated that in their
County Bridge Commission was $35,340,250, a reduction of $2,opinion "a much lower rate could
The debt now stands at
scheduled to take the necessary 192,250.
probably be obtained."
action at a special meeting held the lowest total in 11 years.
At present the city is paying
The city has "followed a plan
Jan. 29 to turn back to the Com¬
6% interest on certificates which
monwealth, as a toll free crossing, directed by City Manager James
street
of Seattle.
1
that
of
edness
to
were
New York, Ballman & Main, of
Chicago, Eldredge & Co., of New
York, Kebbon, McCormick•& Co.,
of Chicago, Boettcher & Co., of
Denver, C. F. Childs & Co., of
Chicago,
McDonald-Coolidge. &
Co., First of Cleveland Corp., both
of Cleveland, Robert Hawkins &
Co., of Boston, Stifel, Nicolaus &
Co., of St. Louis, Martin, Burns
& Corbett, of Chicago, Kalman &
Co., of St. Paul, Richards & Blum,
of Spokane, Harold H. Huston &
Co., of Seattle, Allison-Williams
Co., of Minneapolis, F. Brittain
Kennedy & Co., of Boston, Crouse,
Bennett, Smith & Co., of Detroit,
Weil, Roth & Irving Co., of Cin¬
cinnati, and Hartley Rogers & Co.,
Bonded Debt at Low Figure—It
Lancaster
and
Ample
addition
reduction, Mayor Chand¬
ward
bonds in 1921, 1931,1935 and 1936.
York
In
year.
ler
bonds
a
last
judgment for
the borough on
account of defaulted bond princi¬
to
sale of
$21.30
tax
cently obtained
$322,945 against
the
Em¬
Board
Retirement
the
City Council authorized retention
of a Philadelphia firm to prepare
a
prospectus and papers relative
a
School
Public
the
Bond' ployees
Monday, February 15, 1943
QUEBEC
Montreal Catholic School Commis¬
sion
(P.
O.
Montreal),
Que.'
Bonds Publicly Offered—A syn¬
dicate headed by the Provincial
Bank
ada
of
Canada
Jan.
on
800,000
28
4%
offered
an
issue
refunding
priced to investors at
crued
interest.
par
Dated
in
Can¬
of
$3,-
bonds,
and
Dec.
ac¬
1,
1942.
Due Dec. 1, 1950, and noncallable. Denoms. $1,000, $500 and
$100. Principal and interest (J-D)
payable in lawful money of Can¬
ada
in
ronto.
Montreal, Quebec
or
To¬
The offering was made by
the banking group on behalf of
the School Commission. The bonds
are
stated to
be
legal investment
for trustee funds in the Province
of Quebec and for insurance
com¬
panies registered under the Can¬
adian and British Insurance Com¬
panies Act, 1932, and amendments.
In
addition
to
the
Provincial
Bank of
Canada, the other mem¬
bers of the offering group con¬
sisted of the following:
Rene-T.
Leclerc, Inc., L. G. Beaubien &
Co., Nesbitt, Thomson & Co., Do¬
minion Securities Corp., Savard,
Hodgson & Co., Inc., Societe Gen¬
erate de Finance, Inc., W. C. Pitfield & Co., Collier, Norris & Hen¬
derson, Desjardins, Couture, Inc.,
Paul
Gonthier & Cie, McLeod,
Young, Weir & Co., Lajoie, Robitaille & Cie, Credit Anglo-Francais, Mead & Co., Credit Interprovincial, Gairdner & Co., Hamel,
Fugere & Cie, Lagueux & Des
Rochers, Oscar Dube & Cie, Inc.,
J.-C. Boulet, Clement,
Guimont,
Inc., J.-E. Laflamme, La Corpo¬
ration
de
Prets
de
Quebec, P.-E.
Letourneau, Inc., Barry & McManamy,
Garneau,
Boulanger,
Jos. Morency.
Volume
157
RAILROAD
v«.ww« ,
**,1
i
v
1,1.
l,v, „.'.
»•
1,,
597
$975,036
$990,392
$4,088,019
69,357
334,508
342,116
prop.-.
84,613
81,965.
394,576
314,391
Int., deben. disc. & exp.
Prov.
for
contingencies
27,734
21,236
amortization-
inclucl.
Deprec.
of
oper.
rental
♦Net
Income
Net
profit from
unreal,
rates
525,874
475,820
953,325
864,109
.$267,948
$326,612
$1,602,086
$1,660,172
■
oper.
Apr.' 1.
In
his
current
that
the
8,244
0946
7,298
Cr7,228
,
U.
of
Canadian
&
Earnings
,'////■%.,/
S.
share////,;:..'■:/• $0.34
per-
$2.11
depreciation
dividend
in
increase
share
a
declared
was
business'came'
Fire
on
and
.
cumulative redeemable preferred shares
(par $100),
shares (744,410 no par shares;, $33,935,185;/Alum¬
Ltd., contractual obligation for certain annual pay¬
ments, $15,000,000; Aluminum Power Co., Ltd.» first mortgage 4V
bonds, due 1968, $19,000,000; Aluminum Co, of Canada,, Ltd.,nptes
payable, $73,200,000; advance payments on sales contracts, $82,702,086;
inum
:/%
accounts
the
the
the
creation
most
the
by
deferred
Insurance' Co.
Standard-, Fire
\
In
the
which
v.-'"//
•'/;'/ //\/;''-
$5,337,202
$1,876,865,771.
'
,/••• New insurance on group life and employee plans amounted to $269,-/
065,819.
This new business, together • with growth on old policies,
resulted in an increase in insurance in force of $342,873,258. Total
increased
force
during
the
$30,855,324
year
to
bought
workers.
.-
"
-
:///////.
.
premiums
premiums,of $23,536,657.
Life Insurance Co. of $138,399,446 '
$21,884,504 and accident and health
of
annuity
and
rents
by
the
improvement
total
The
John
over
the
dividends
of
in
,
City,
*
:
•
/'/, Report'
/^
-
is
a
157,
125.
p.
$824,615,
the
and
interest
income
and
rents
earnings
These
The
premium
unearned
-
.
//;:"
to
Standard
$191,740,
Fire
Insurance
Co.
had
an
profit .of
These
,
earnings
.;
V /■///■: :/;/•/
;The unearned premium reserve increased from $2,703,843 to $2,947,601.
Assets
increased
from
$6,331,902
to $6,702,552, and .-. surplus
.
,
from
$2,100,664
to
has been
$2,202,633.—V. ,156,
Statement
•
of
Income
'
Calendar
for
Years
1
V
!'
,.
$905,270
153,175
137,134
$939,437
1,042,405
154,527
163,694
14,975
Expenses.
$786,262
$843,873
.'Total. income
1940
246,186
—
1941
$597,687
—_
8,538
;
Taxes
interest
on
*Net
of
debenture
«
income
81,000
$193,371
——
$286,205
on
Assets—Investments,
for
cash
held
.value
at
by
based
trustee,
75,869
Liabilities—Interest
$il9,411;
accrued
on
closing market quotations,
cash on special deposit
taxes,
etc.,
and
accounts
dividend
payable,
$27,959;
$172,803;
vertiblc
debentures,
for
1941
/
O
'. U
(!
taxes,
stock
A
shares,
(117,279
stock
B
no
Shares, Inc.—1942 Report—
This
company,
Investment company," reports net assets
equivalent to $2.53 per share on 1,461,210
per share on
the year previous was
"mutual
a
at Dec. 31, 1942 of $3,690,869
*350,389
shares
stock..,
of
value
Asset
-
share, and dividends totaling 16 cents were, paid during the
At.tfie end of 1942, the portfolio was comprised of :
.- f .
,
tyif:!
Diversification
Current Return
69.00% /],'//:/ /
7.59 Si
i
i
stocks
Common
:Preferred stocks
*
1
Corporate bonds __1
U.
7.03
4.30
,
16.27
—~
5.74/
:.-
/Cash and other assets/-.-,/-/
M1.02"
/■/
'!'
v
6.70'
Average, .gross., yield
The ten largest holdings were:
3,500 Chesapeake & Ohio; 5,000 Con¬
Foods; 1,500 Loews Inc.; 3,500
tainer Corp.; 2,000 General
5/50; $80,000 Columbia Gas & Electric
■
/
^
American Cities Power & Light
-
Pennsylvania
5/61; $81,000 Electric. Power &
1856.
156, p.
Light 5/2030.—V.
■,/,
2.43
Government bonds.;—9.41" /
S.
due
to
of
assets
net
The
Corp.—Annual Report
9
Months
Ended
the treasury..
held in
Income
,
''
.:•.-//,//
•
——
not
of
maturing
within
one
pateuts^:/--;-—
income
Account
1912
Cash
divs.
taxes
•,
/
*1939
$669,934
$876,699
2,963,112
2,775,245
conting._
$769,736
$849,684
2,977,021
109,273
sale
on
for
reserve
2,780,837
27,265
.
of prior years'
capital stock tax—
Adjust,
15,237
(including
taxes;—:•
%'/':•
surplus—
of sec.
transferred
from
income
Amt.
$37,409,921
yeaf—
1,943,323
"
75,653 '
c
profits'
and, excess
1940
181,779
Oper. expsv, taxes & int.
Prov. for. income taxes/
;
/
$1,072,525: $1,038,055
219,653.
221,592
247,319
39,500/;// 19,200 '/*. / 1,250
/ 21,000
$891,213/: $1,115,553
interest
and
/
1941
1942
/
Years
Calendar
for
'
JProfits
30,
1942 market
of
series
Previous opef-;
Sept.
31,
based on Dec.
corporation,
the
amounted to $7,356,941, equivalent to $35.6*7 per share of both
class A (preferred) stock outstanding, after deducting shares
prices,
—
Canadian
carried
per
to
3,881
$3,577,838
$3,760,108
$3,839,812
$3,624,929
164,803
Total
352,299
15,082
268,443
1380,547
11400,321
242,048
266,188
■312,735
jLoss on sales of secur¬
ities
.
Divs.
■;/'-
(net)
_—
cl. A stk.
conv.
on
eptl. div. series--.^
A stk.1 pd. in cash
23,463,303
earned
common
provision
share—-—
depreciation
for
Provision
(2)
No
comparison
Cl.
and
.
of
of
depletion,
Sheet,
,C M
(
and
!
Sept. 80, 1912
(less reserve for amortization
subsidiary companies, $6,912,allied companies, $5,228,963;
$642,155; prepaid expenses and de-
$78,426,294), $168,417,057; -patents
$191,711; investments, in
investments in shares of other
surety
deposits,
I
it'
/
709,782
invest—
;
,
$2,977,021
$2,885,523
31
Dee.
4-.'^
„
—
■
$2,963,112
$2,775,245
based on April 29, 1933,market prices as to investments acquired prior to that date, and cost
as to subsequent purchases.
^Includes credits and eharges of whollyIComputed on basis of average book value,
Jan. T,
of
subsidiary,
Consolidated
Holdings
Corp.,
for
the
period
from
1939, to date of liquidation, Oct. 24. 1939.
tin 421,757 shares
stock and 6,000 shares of preferred stock of Central States
common
Corp.
$91,083
payable
Note—The
net
balance sheet,
$98,131
1941.
^Includes
Electric
as
Feb.
1,
payable
Feb.
1,
„
,
^Includes
1940.
depreciation of investments, on basis of
at Dec. 31, 1942 was $15,310,529; Dec. 31, 1941, was
unrealized
$18,526,349; at Dec. 31, 1940, $12,995,057, and at Dec.
basis of the balance sheet, was $6,956,878.
\
1
89,536
.
of
>
owned
and facilities (less reserves for depreciation
including $45,448,758' special deduction from income,
$114,796),
indemnity
of $26,865,530
plants
009;
cash
tWrite-off
Balance
|
Balance
stocks/ in
$15.46
_
is available.
A
class
-
and depletion.
for .depreciation
Consolidated
Assets—Land,
payable,
account payable, $51,773; 4% 10-year secured con-/
$10,000,000; capital stock. (3,972,220 shares, $1.25
phr value;, $8,562,587; total, $19,134,532—V. 157, p. 436,.
brokers,
class
$1,450,000;
loans,
class
.
production and $27,877,836 (including special provision
in respect of war facilities)
directly/against profits.
at nominal value, $1; total, $19,134,532.
$200,000;
Treasury
and sundry accrued expenses, $93,391;
taxes on income;, $78,943; provision for
than
profits
excess
American Business
and depletion for the period
amounted to $30,745,691 of which $2,867,855 was charged to cost of
$830,168;
debentures,
S.
$1,678,921; unsecured-. long-term
(34,452 shares, no par;, $1,520,9.00;
par), $1,906,357; earned surplus,
$2,133,234; class B stock in treasury (2,925 shares at cost). Dr$69,411;
total, $8,792,395.—V. 156, p. 747.
, /
'
and
income
—
for
Earnings
$358,188
of
$451,312; furniture & fixtures,
U.
On acct. of arrears on
♦After
on
(other
accrued
taxes
Owners
surplus_^CL/_^___^-__^—$11,907,399
Preferred
dividends
paid__-y__—— •—-r———__
394,585
Common dividends paid-—4.—-——,i——
4,466,460
Profit
interest on debentures, $200,000; interest and divi- .
dends receivable, $119,632; due from brokers, $27,270; due from sub¬
scribers to capital stock, $18,347; unamortized discount on debentures,"
payment
Account
Income
indebtedness
$8,120,547
Statement of Net Assets, Dec. 31, 1942
^
•
$2,282,370;"
hand,
on
Liabilities—Accounts payable
.
as
interest
Notes—ill
$17,487,802;
and
1942
customers/ accounts receivable (less / reserve of
$215,881/claim for refund of 1940 Federal excess profits tax,
$113,603;
miscellaneous
accounts
receivable
(including $3,464. due
from employees %
$12,615; inventories of flour, ingredient, supplies
and products, $671,230; post-war refund of Federal excess profits tai,
$108,924; property,, plant, and equipment (less reserve.for depreciation
of $2,455,672), $3,291,081; prepaid expenses, $100,364; goodwill, $1,236,321; total, $8,792,395.
behind
Co.','
income
Provision
♦Exclusive of security profits or losses.
,
Trust
period
Amortization
403,423
;
banks
in
/.
(estimated) of $108,924.
Sheet, Dec.. 26,
Balance
<
$1,595,036
$2,133,294 '$1,953,456 /.$1,682,668
surplus
$9,131),
/
.
/ 179, L58
400,000
81,000
discount
■
/;«,
securities,;- $700,000;-
of
at $115 per share and all the
from
Interest
Other
25,767
400,000
debentures/—
Amortization
■
537,838
463,510
deducting post war refund
Assets—Cash
——
$36,636,291
investments/...-—/——'
565,782
Interest, .etc."—207,878
for
Income
Total
1942
—
454,603
Net
'
Dividends
dividendsi--r_£
.
Aluminium, Ltd. (& Subs.)—Earnings-
(Exclusive of realized and unrealized profits or losses on securities)
Interest
111,931
:
reducing the total
Midland
Consolidated
Fund, Inc.—Earnings—
$2,551,029
103,347
36,888
B
earned
$2,209,870
.133,000
142,238
500,226 338,418
219,315
/
1,178
$2,594,641
-
^
103,347
take
to
withdrawn. from
Marine
♦Profit
Affiliated
140,307
4,561
$3,159,755
dividends
dividends---'—/
•
outstanding to $24,054,000.
the. 1944 issue and
deposited
trustee for'the Alleghany 5s of %
1950 included: 109 shares of Chesapeake'& Ohio Ry. common stock,
12 shares
of Missouri: Pacific preferred,
two shares of Pittston Co.
common "B,"
$212 principal amount of Terminal Shares, Inc., notes
and $9,362 of segregated deposited cash.—V. 157, p. 517.
1412.
p.
1,141,720
surplus
♦After
made through the directors: for the purchase
wishing
Corp.,
Collateral,
.
increased
1,595,036
A
Total
Guaranty Trust Co. has notified the New York-Stock Exchange
the cancellation of $10,000 additional 5%
bonds of 1944- of the
Alleghany
'
underwriting
interest and rents were $182,338;
income taxes of $96,195. V
and
before. Federal
were
1,682,668
Miscellaneous: debits
Alleghany Cerp,—More Bonds Cancelled—
of
$12,,/
Report of Standard Fire Insurance Co.'.
;
$1,068,150
1,953,456
surplus
Class
The
with
iThe
earned
Ltd.—Offer for Stock—
Alberta Tacific Grain Co.,
1
/
-•
t
$951,432
ai'e
Assets increased from $31,383,454 to $32,778,446, and surplus
402,738.
increased irom $9,108,060 to $9,922,266.
$911,973
252,930
year.
This income does not include/
the Automobile Insurance Co.'
reserve increased from $12,219,656
*980,312
tax
income
$2.44 per
undistributed'earnings of $101,969 of the Standard Fire Insurance *
Co., whose stock is owned by
281,555
Total
advantage of the offer must accept ;
same
and deposit their acceptances and share certificates with The
Royal Trust Co., by whom they will be held in escrow/////////'
March 10, 1943, is the final date for; acceptance of the offer,
The
purchaser (Algoma Grain Securities, Ltd.; is only bound to take the
shares
deposited by March 10, 1943, if the holders of 65% of the
preferred .shares accept the offer by that date. .If the holders of less
than 65% of the preferred shares accept the offer the purchaser may;
but is not obliged to take the shares deposited by that date.
In any .
event, the purchaser is not bound to take any shares offered after
March 10, 1943,--V. 156, p. 1321.
.
Co.
$906,480.
were
taxes of $362,412.
395,810
Class
$3,850,053
103,801
Shareholders
•
spite of an unfavorable experience on ocean marine war risks
1942, the underwriting experience of the Automobile Insurance Co.
a
whole was profitable.
It showed an underwriting profit; of
before Federal
9,206
464,758
525,712
% $953,368
profits
excess
_
; In
as
22,157
State
&
tax
Preferred
present
/
$2,844,145
all. the preferred shares of the company
common shares at $3 per share.
,
in
.630,492
24,921
565,878
Fed.
credits
Co.—Earnings-^
1942
of'Aetna Casualty & Surety Co.
Insurance
$1,989,403
631,369
/
..
Albemarle Paper Manufacturing
An offer
Automobile
$2,141,076
099,753
depr.
equip.__:
notes
on
for
Previous
,/:
9 Months Ended Dec. 31—
^
is-.$49,852,585 more than at
underwriting profit of
$3,918,311, and interest and rents were $1,984,064.
These earnings
were
before Federal
income taxes of $2,581,758.
*
; The unearned premium reserve increased from $20,655,877 to $21,642,586.
Assets increased from $78,947,582 to $89,064,2o8, and surplus increased from $21,235,702 to $23,048,848.
1
$2,627,116
733,059
27,833
repairs,
Surplus
,
Bus Lines."
& Western
during the building of the 42nd Street terminal, and at
director of the company and of the 42nd Street Property
Association.—V-.
the
'The /Etna Casualty & Surety Co. showed an
f
$3,260,450
income
plant and
Net
1935.
a
which
$1,948,720
40,633
Fed,
:
panies the total is $289,054,601,
the beginning of the year.
47,691
of
special reserve for group insur¬
ance of $8,550,000..
v
///./';/ fr/.'f//:////':',
/'/"•':•
Holdings of U, S. Government bonds are $230,823,863. ; This is 27.22%
of assets.
For the AStna Lite Insurance Co. and its affiliated com¬
$11,800,000, in Which is included
Dec. 30/39
$2,093,385
55,254
income
In 1939/he joined the-United Air Lines Transport
Corp. as Regional Traffic Manager and later was named Assistant
to the President,
He'-was President of Air Lines Terminal, New York '
capital of $15,000,000; gives a surplus to policyholders of $45,642,494.
In addition/ the company's statement shows a contingency
reserve
of
Dec. 28,'40
$2,571,863
,
with
This,
$30,642,494.
to
*
„
total surplus
$847,864,569./ The
to
$2,839,734
Increased
company
1943.
$69,627,5., 0
Dec. 27,'41
Prov.
Prior to his affiliation
director.
a
he- was Vice-President of Greyhound
Vice-President Of traffic for Transcontinental
Co.—Earnings-
56,963
Interest
Director—
transport
Inc., in
Air,
amount
increased
Assets
been elected
Walker has
B.
air
became
He
.
$3,203,487
of
;
■■■•/.■■■.■■
.
'
with
'
payment
-
.
Aircraft Accessories Corp.—New
the rate earned in 1941.
/ /
paid policyholders in the lire department was
$66,219,180.
Claims paid in the accident and liability department
amounted to $16,770,976.
The total amount paid policyholders since
organization has now reached the sum of $1,789,654,412.
In the participating department $1,912,585 has been set aside for
slight
a
735.
p.
during
company
/,•
Dec. 26,'42
Total
than
less
Bakeries
Ended—
operating
Mainten.,
•
received
the year were
$30,698,250, which, added to the premium income/gave a total income
for the /Etna Life Insurance Co. of $169,097,696.
The net rate of interest earned in the life department was, 3.43%,
Interest
surplus, $45,/,.
earned
Miscellaneous income
obligations.,: Preferred stocks gave us a yield of 5%.
Our common
Stocks appreciated in value 14.6%
during 1942 as compared with an
increase in Dow-Jones averages of leading stocks of 7.6%.'—V, 155//
The premium income of the ^Stna
,
includes
are
bonds-except U. S. and Canadian Governments, Of our
are in U. S.-Treasuries, and 7%
in Canadian Government
no
62%
bonds
group and employee insurance in force at the end of the year was
$3,353,661,883.
This represents insurance on the lives of 1,844,602
reserve
$6,430,004;
profit
Years
Net
this/requirement, the values carried in our f
actual market value quotations at the end of' the year by-$283,945.
At market quotations of Dec. ,31, 1942,
bonds and stocks owned by the Agricultural show an actual appre¬
ciation of $478,622 and similarly for the Empire State an appreciation
of
$40,768.
v./.-'- ■
•/.■-.:
"Our investment account was relatively inactive during
1942.
We
report
current
values,
American
Government
provide War Damage insurance
to
statement.;, Under
lished
;
insurance was $147,628,308,
Total ordinary insurance in
department new life
more than in 1941.
ordinary
is
$2,697,315.
Report of Aetna life Insurance
<■>
against future depreciation in
refundable portion of Canadian excess
$1,032,576;
credits,
tax,
018,063;
,
Life Insurance Co., Hartford, Conn.—Report—
subsidiary companies not consolidated, $411,843;
$17,007,548; accrued items, $3,221,479; reserves for
profits taxes, $37,434,400; operating reserves and
to
excess
$346,121;, capital surplus, $540,000;
total, $346,178,905.—V.; 156, p. 1463.
proiits
Calif.—Dividend—
J
and
inventory
;
developments during the year
of an agency known
interesting
Federal
Corporation
Damage
payable
payable,
income
was the
as War
for all classes
of property.
The mechanics are handled by individual companies and
:..;j Aero-Crafts Corp., Los Angeles,
;
certain
of their representatives
as
fiduciary agents—and ail on a
The directors1 on Feb. 1 declared a quarterly dividend of two cents
cost basis.
The demand foi* this coverage has been heavy and, accord¬
per share, payable March 1 to stockholders of record Febi/lS////-/:;,,;
ing to latest figures, some 3,800,000 policies have been issued with
Paul W. Ivey is Secretary of the corporation/ which is located at
aggregate premiums of $120,000,000.
Premiums produced by Agricul¬
5245 West San Fernando Road, Los Angeles, Calif,:;:/;;-/ /'%;i//,/
tural and Empire State agents amounted to over $1,500,000.
This
figure, of course, is not included in the,reporf on regular business.
; Aetna Casualty & Surety Co., Hartford, Conn.—Report
Speaking of investments, Mr. Waite said, "Our assets are divided
/ 2%
ih: real estate, 6%
in mortgages, 38%
in bonds, 15% ; in pre- /
See Aetna Life Insurance Co., below.—V. 155, p.- 1207.
'ferred stocks, 17% in common stocks, 13%' in cash, 8%
in agents'
balances not over 90 days due, 1%' in others.
.
,■//%//•//.
"As
between bonds
and stocks,
Aetna
our'investments are divided with
The
company
announces
that the total premium income of the
54%' in bonds, 21% in preferred stocks, ; 25 %, in common stocks.
The/.;
/Etna
Life and
its
affiliated
companies last year was $209,278,373.
current return on our invested assets during 1942 was 4.33% and the
This is
an
increase for the year of $16,167,503.
Each company in
effective yield 3.8%.
/..
'■•■'/"■' ;
■'//"';:
the group showed an increase, : Tne premiums in the /Etna Life Insur¬
"The
National
Convention
of
Insurance Commissioners
furnished
ance Co.
were $138,399,446, in the /Etna Casualty & Surety Co. $43,insurance companies with so-called convention figures for bonds and :
630,721,
in the Automobile Insurance Co. $18,550,891
and in the
stocks, at which we are expected to appraise our securities for pubof
of
Co.,
$2,264,778. ,/
of
One
common
Power
accounts
Waite explained
Marine lines with'
over-all
State's- is
on
,
Liabilities—6%
.■
on
///".:■:•;
$43,237,972;
accounts and notes
receivable
$31,121,354;
marketable
securities,
$34,479,740;.
$7,899,600;
stockholders, Pres, Harvey R,
the
to
cents
50
of
premiums reduced considerably.
And he stated that the
premium resulted in an expense ratio of less than
He pointed out that the
assets of the Group had increased $554,628 to a total of $18,645,757.
The Agricultural surplus to policyholders is $6,664,767 and the Empire
non-operating plants,
tIncluding earnings
Canadian subsidiary,
but excluding the results of operations
British, French and German subsidiaries.—V. 156, p. 2003./
♦Before
Feb.
40%, the. lowest it has been for many years.
$2,211
••
the
supplies,
Av^tomobile
■
$1,667,400
$0.43
/
/
$1,593,842
$327,558
$260,650
cos.—
/.
.
A
report
increased
profit
;tNet
of Cana¬
materials
(less .re¬
serves),
cash
in
banks and on hand, $36,628,552; net assets of fully owned
subsid¬
iary companies in enemy territory and investments in other com¬
panies similiarly located
(less
reserves):
$13,300,871;
total,
$346,r178,905.
'/.''■ /V//V. '
the
officers, of
State stock./•"
Empire
etc.
■assets,
four
to operations, $5,472,400; refundable portion
profits tax, $346,121; inventories of aluminium,
excess
and
,
payable
Y.
N.
net
on
Cr5,801
foreign
at
exchange
400,000
Cr2,261
Cr2,498
Cr490
prof,
excess
(estimated;
for
700,000
income-—•
and
taxes
84,671
105,785
of
charges
dian
;
Agricultural and Empire State
90th annual meeting of the
3.
Harold W. Tomlinson,
Treasurer,
was
elected Vice-President
and Treasurer.
George G.
Inglehart, Secretary, was elected Vice-President.
A. L. Hollenbeck
and K. E. Chapman, Assistant Secretaries, were elected Secretaries.
A total premium
volume in 1942 of $11,253,620—a gain of 12%—:
over 1941, resulting from increased business for both
the Agricultural
and the Empire State Insurance Companies was reported.
A dividend of 75 cents a share was declared on Agricultural stock,
Promotion
Insurance Companies was made at
Agricultural in Watertown, N. Y.,
.../J,
MISCELLANEOUS
-
ferred
Agricultural Insurance Co., Watertown, N. Y.—Changes
$3,659,658
87,257
profits-—
oper,
INSURANCE
-
in Personnel—Results for 1942—
1942—12 Mos.—1941
1942—3 Mos—1941
Patents, devel. & engin.,
/
ir
INDUSTRIAL
PUBLIC UTILITY
■
Adklressograph-Multigraph Corp. (& Subs.)-—Earnings
•Period End. Oct; 31—.
Res.
"** K(WiUfiWJi*ib</J
r, «11K
General Corporation and Investment News
t....
Net
(,»W>LJSH»
*,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
'
r, .ikh*.
-M
..
!>/;
V
.
-
•
f: 1/
?i
31. 1939, on the
,
I ah 1 I t"
r )
.
.
z
" I i J k
•-
% V
'
THE COMMERCIAL & FINANCIAL CHRONICLE
598
Bit lance
'
Assets—
.
■
—
Cash
202,480
to
payable
accrued expenses_._i.__
secured—.--.—.
and
payable to banks,
Reserve
for
Reserve
$6,744
income
taxes.
39,728
surplus
1:-
31,
1942,
($9,096,988
<$7,526,705
in
market
•(Represented
aggreegate
Seecurities
Dec.
31,
deposited
are
119,383
shares
and
dividends
for,
and
payable
1.29'r
for,
April
30,
1943,
subject
and
1938,
Feb.
on
of the
out
Feb.
23,
out
4
value
the
of
of
earnings
Oper.
y
exp.,
the
I
of,
the
$25);
decree
1S47.
p.
;'p:
Jan.
declared
so
25
the
to
of
payment
in
the
counsel
action
in
fees
and
which
costs
such
decree
the payment therefrom of the
counsel fees
Court.
Transfer books will not be closed.
Guaranty
The
Trust
$1
made
Co,
of
dividend
available
Arrearage
for
York.
preferred
•
-
the
on
distribution
the
on
New
declared
the
to
cents
costs
Checks
>
and
subject
be
stock
common
in
1941
will
be
payable
to
dividend
Gee
V.
sent
are
to
stockholders
436.
p.
Feb.
23,
1943,
it
of
William
Harris,
its
and
home in
Vice-President 'in
subsidiaries
East Orange,
N. J.
since
He
•/'
<*.
-
charge
June,
68
was
:
surplus,
*
of
1933,
Purchases
Years Ended Nov. 30—
revenue
Operating
died
Feb.
on
old.—V.
years
157,
7
Net
Interest
Other
his
at
/
1941
$1,683,877
1940
.
$1,737,098
.1939
»•
-
646,062
620,879
$1,014,000
149,997
169,954
181,203
4,714
4,797
_!-_j_!taxes...
167,916
122,533
bldg. and equip.
250,000
250,000
250,000
24,697
30,653
reserve-
deducts..
stock
cash
able
in
(less
special
bunk
on
losses
$22,703;
deferred
$266,263;
(axes
of
(estimated),
mortgage,
bond
$146,484;
unearned
,shares),
for
stock
preferred
($1
stock
$362,480;
pari,
no
capital
earned
surplus,
155, p. 497.
treasury stock, Z>r$l; total, $11,949,513.-*-V.
dividend
stock,
1942
Sept.
were
1
share has been declared
cents per
March
payable
during
and
of. 15
I
holders
to
follows:
as
and Dec. 1,
of
March
record
2
Feb.
June
and
15 cents each.—V.
156,
of
the
15.
1,
Norton
McKeaiV
by
the
formerly
was
Vice-President.
has
He
company.
been
late
-President
Francis
Treasurer
with
the
and
Pa.,
C,
plant,
factory
Arthur
Boston,
A.
of
urer
and
in
Calvin
■
April 1932. •
Diehl,
formerly
E.
have
since
lor
and
Chief
Engineer
Norton,
been
the
company's
the
of
Output of
tor
the
of
week
10.97'.;
week
electric
of
ended
output
of
the
over
Erie,
the electric
1943,
totaled
of
'
<
,
table
80,090,000
kwh. for
72,173,200
weekly
output
of
kwh.,
the
company
increase
an
corresponding
•
•
>
electric
for
energy
the
16
.1943
1942
1941
1940
1939
61,155,000
54,066,000
44,973,000
T
-
the
year
in
to
53,526.000
46.455.000
civilian
46,094,000
war
45,923,000
and
were
•56
iast
$6
year,
1940.—V.
have
on
156,
going
Corp.—$4.64 Preferred Dividend—
declared
preferred
Feb.
15.
March
p.
a
stock,
This
1,
dividend
no
par
of
$4.64
value,
share
per
payable
The
trustees
V.
of
Feb.
or
157,
9.0%
p,
v
.
adds:
interested
members
they
has
and
an
initial
of
$3.66
on
on
1
maintain
for
men
economy
of
March
2
1*
...
to produce
to
of
lines
>
active
Associated
and
But
above
Gas
&
Feb.
production
of
123,224,424
units
a
vear'
am
—
Sell,
of
much
this
more
than
9 *-
twice
This
t
the
to
civilian
heretofore
same
!■•
and
is
degree,
services
much
we
per
could
Account
Income
Calendar
.
1941
$1,185,835
___
-
$1,741,291
204,816
217,797
4,143
1940
Birmingham
Gross
het
Net
from
from
ry.
railway—..
Gross
Net
Net
from
from
ry.
Coast
5592.595
railway...—_
income
oper.
From Jan.
&
,1942
'118.673
,
.
"84,196
RR.~
1941
$1,394,794
—
807,481
Expenses
v
1939
Net
$392,567
$319,795
51,169
"8,145
19.635
2.337
"872
"43,030
3.445,742
Prov.
loss
Prov.
1—-•
6.035 089
4,662.498
1,297.319
1,006.292
305.752
income.'..
305.611
"225,959
"125.511
157.
p.
126.
capital
25,637
$616,341
$570,331
$399,242
$179,730
37,166
4,213
22,206
$653,507
$574,544
$421,448
A.iv
-
——
•
—____
charges
13,217
S188.800
14,177
21,505
19,870
"233,000
88.050
23,525
$205,290
$327,367
$264,393
1,263,610
1,042,191
777,829
$1,468,900
$1,369,558
$1,042,222
Dr5f710
Dr43.268
34,466
36,337
113,250
Dominion
&
9,071;
'•»p:"\
r
141,562
37,693
106,173
$1,148,3.91
$892,310
$2.05
$1.60
inc
(estimated)
»435;000;
___
47,500
surplus
$143,405
648,191;
$791,596
arising; from exch.
!!
(net),-—
,
!__!"
dividend
dividend
Common
4,596
22,469
Drl,449
.
Crl,772
33,723
35,390.
;
:
;
Earned surplus at end
Of period
$1,3 15,474
Earn,
per com. share.!
"Includes excess profits
$1.20'
-
Assets--Cash
bank
in
•
,
$696,785 ■!
$0.74
(
taxes.
Consolidated
,
,
Balance Sheet, Dec. 31,, J!)L'i
accounts
and
hand, $368,354; United States '
on
Government
bonds, $42,000; notes and accounts receivable (less re-$695,353; inventories of merchandise, materials and supplies, $1,012,382;
advances
on
logging and lumber
operations,
$161,380;
sinking fund assets, $164,260; investment in and advances to affiliated
company, $443,793; plant, property, equipment, etc. (less depreciation),
.
serves),
.
,
v
$1,896,057; timbcrlands (less depletion), $667,532; other assets, $33,438;
in treasury (386 shares), $9,760; prepayments and de-
preferred stock
ferred
•!!
;,
charges,, $86,523;
Liabilities—Accounts
and
excess
goodwill,. $1; .total, $5,580,833.
payable, $179,750;
.
„
;
,
provision for Federal income
profits taxes
(estimated), $747,232; accrued taxes, including
social security taxes, $55,514; other accrued
liabilities, $65,133; reserve
for contingencies, $53,947; cumulative convertible
preferred stock ($20
par), $1,250,600; common stock (141,562 no par shares), $1,845,236;
more J
,
'
earned
surplus,
$1,315,474;
total
,$5,580,833.
,
1
■
:.v
•
■
.
-v
■':-"v
'Atlas Powder Co.—Annual Report—
• ••
his letter
In
"Lyon,
1939
to
stockholders
President,- states;
"In
this
first
accompanying the
annual
•*.<-'
-
-
report, Lcland
;'
•!;-
>
of our country's participation in the war, it has
been company's policy to employ its
organization and manufacturing
facilities as fully as possible in the production of
materials essential
.
;
224,427 ~
'.> ;
$1,959,089
$2,084,152 ' $1,338,467
981,310
year
for war, cither directly or indirectly.
Most of the peacetime products
by company are also essential for war.
Such facilities
! 1,102.373,!', 1,224,067
u
were
.operated
on
sale
of
Federal
lor
taxes
for
sales
1,699,381
-
t 1,739,243
ti, 119,852
planes,
of
74,600
35,000
12,500
—
contingencies-
14,000
•-;
11,800
200.000
.
loss
for
$1,686,811
period.[
profit
on
$770,603
securities.
"$2,521,022 "$1,222,451
.vs.
not
capacity
defense
operating
finishes
revenues
for
Revolitc
of
use
and
metals.
and
coated
trade
names,
industrial
wood
during
increased
for
the
the
finishes
of
so
year
previous
meet
to
demand
that
is
for
the
not
the
these
amount
greatly
year.
in
'
*
fabrics,
marketed
under
Zapon,
have found many important war
steel
on
propellers has helped
Production
1941,
The
program.
substantially
amount-reported
gliders
critical
coated
to
fabrics,
shell
cases,
plywood
conserve
the-supply
formerly
used
principally for handbags, luggage, upholstery and the like, has'been
largely,
converted to production of fabrics for
raincoats, waterproof bags anil
other
Net
The
uses.
2,187,023
in¬
national
was
other
the
^"Industrial
and
the
1942
and
of
excess
Keratol
cost :
average
!
!; $981,779 "J/; SU4.400
of
basis
$977,778
maximum
near
requirements of
.
$587,313
420,718
213,791
oper.
"Deficit.—V.
3,445 361
'
157,728'
26,969
of
—,-i
on
securities
come
railway.....
railway...,'..
1933
$390,054
164,349
30,861
Preferred
divs., int.,-etc., over
expenses
$260,683
1940
$625,871
197,253
manufactured
income
Total
-Earnings1940
'*
Earnings—
31,418
Loss
are
365,277
r
224,082
fluctuations
.we
-107,318
.
-
43,887
it
we
,
last
12,
Sept.
42,305
Surplus adj.
to
$1,611,557... $1,114,040
.
<& Subs.)
and
156* p. 953.
1941
profit __!_—!__
Earn, surplus at begin,
of period _,!_—!
"This
Years;*
'.J
12
1941.—V.
-
(Including Investment Company Subsidiaries)^
1942
March
on
5,
$853,776
taxes
' V
for
31.
thereof,'
$947,360
A
;
.
paid
•■!■'! 1942
Net
the -!
than
as
Oct.
on
absence
43,339
trusts
have
capita
of
inception
at
the
Extraordinary charges__
>
Securities,
per- capita
more
in
sales
and
security
taxes
of
through
production
were
and Sept.
higher ./standard of living-than, ever..- v.paid-in surplus, $67,947;
V. 157, p. 341.
possible following peace, providing we are able to
momentum."
our
goods
That
consumed.
local
Other
v
of
acquired
or,
63,597
Fed.
much 'as-we. at home
as
excess
amounts
Gross income
-
best
y *• ^
said:
quotations
expenses
adm.
Other income
;
Odium
Mr.
investments
to
market
stock ' !*»!•
management'* valuations "01! assets-1
taxes—
t
Excess of income from
Atlanta
or
I!' Net profit from sales
-
being turned oveiv.as-an-expendable-in the
words, if we were at;-peace;a-ather%than ftt:war
year.
and
slock
pools" of invest¬
Government
$6,589,044.
respect
on
from
profit
State,
1
exclusive
with
Atlas Plywood Corp.
one"
take their helpful and necessary
particularly; irif the;' field"* of ! 'venture'
to
•
i
$48,913,474'$48,800,HJ!,
—
par value of common";
dividends under Delaware law. '
to
market
over
and on March 25
products in
December—
-
representing
as
through consolidation which became effective
Like
15.
year,
V
Miscellaneous
091 727
517.
cost
based
are
Social
to
possibilities,
2,900,215
1,213,404
Br9,500,207Drl5,883,757
25-Cent Common Dividend—
company
investment
18,660,750
"33,052,925,
The .directovs have declared a dividend of 25 cents per share on
the common stock, par $5,
payable March 12 to holders of record
,
over
Interest
Electric Corp. report for the
week
output of the Associated Gas &
Electric
units (kwh.). This is an increase
of 11
1
—-
company
Gross
organization can help
through experience.
cutting its organization
service.".
17,235,950
12,044,800 ; 12,352,045:
30,693.691
depreciation—
.••"6 Months End. Dec. 31-
versed
companies
$50.»-x_—
——
"
is
other
Income—Dividends
Co.—Weekly Output-r-
(par
104,032
995,922 ;■
13.353
-
12,370
in¬
•
thought
226,770
302.427
-
appraisals by the board of directors qs of that date,—V. ,156, p.'953.•
its
besides
consume.
apply ourselves
as
'!/!;>-.
interests-—r
x_!j:
Note—Costs
1936,
J these -days'-.!.;
investment
$189,050
97,631
—
1,046,039
minority
is restricted
tExcess- of
the
than
quite- general,
:forgotten-these
securities,
post-war
to
March
■
:
walk
the Fall
company;' in
along
well
are
done
and ready
to
therefore
is
to
which! $1,263,190,
Of
■
prodUctibhFprojects?#iCan;holpj!
investment
are-going
have
ever
taxes
year
deficit
treasury,
well.
Your
stock, and about 46'>
"An
!_„^_!'
expenses—
(par $5)„„__^
unrealized
Total
War
33,550*
$48,913,474 $48,800,1|3
preferred stock cumulative
Total
.
exceptionally
net' electric
5,
134,316,151
was
by
320,000
•
13,631
Issuable' capital stocks!!
on
applicable
Earned
-
portfolio
In
to
to
before
March
compare^ with $4.32 paid
1941,
have
the
on
1857.
Associated Gas & Electric
ended
doing
investment
cannotbe
as
Calendar Years—-
fefoup
units
attendance
the preferred
an
the
release
consumption
twice
than
Power
record
up
16,449,530
248,000
-
contingencies-*.--
■»' fNet
,
non-cumulative
holders of
is
of
$1,807,702 and sales
effort.
directors
picture
is
which
strong
life
52.404,000
52,899,000
The
it
and
to
are going
we
civilian
62,056,000
Arizona
slow
to..&
^.
satisfactorily cleared
26,816.017
104,148
close r!
haveimore
will
:■
21,985
25,773,934
16,963,103
.
,
off
results
i
statement
company
reference
61,875.000
61,466,000
which
purchases
year
73,280,000
72,173,COO
in
known
general
72,646.000
80,090,000
1943
__!.!_
75,508
$79,268
6'*.
people of.; this country
laws/and after!"! buying all "
in
•
.
;
141,415
payable and accrued
Common stock
-
^v holdings amounting to $25,773,934, embrace
at quotations to $2,197,985, preferred stocks amounting to $7,906,634 and common stock amounting to $15,669,315.
During
The
payable
accounts
"Capital surplus
>
In
bonds amounting
80,181,000
517.-
accrued..—!
—
for
v
J
tending- towards
they, may be chocked
,
79,221,000
p.
which
that the
^
finance
the post-war
23—_!
6—.—
The
down
•
•
$4,989,679
500,156
!
Amount
factors
are
-!
1941
.
for securities purchased-^.—.___
R-K-O."
Odium's
help
your
remain
to
of
functions of
31
receivables!^!!!;;!:; 169,352
current
'
*
-
equally
direct-predecessor bv
be.slowed
them
business
maim^ function
30.
157,
interest
for
deduc->
.'condition'- at.-the
our
that
present
to
moving
the
stock
minimum
Jan.
—V.
-
The
in ways in
Jan.
Feb.
and
Provision
1942,»and
J
will
it
victory;
capital
place In
capital,"
last
73,424.000
of
out
will
under
about 44'i
Mr.
things
the
to
of
the
early
With
80,072,000
J.
same ^statement
its
and
indications
rises
have been
owns
companies
amounted
Week Ended—
Sheet, Dec.
indebtedness-^.'!
Provision
have. remaining at tin"
of common'stock than
to
share
soundness
pointed out
taxes
assets.
Other
best.- be;>determined_over-a
and
per
points
available
or
occasion,
all! the
are
this
is
increased
stress,
personally
Co., Iuca—Output
properties of
30.
was.after
secondary.:!
can
-
,
of
Liabilities-
Tiiis
value,; with-results
period.This,
that
price
It
to
seem
now
on
These
Acting Treas¬
follows:
years
Jan.
of
1942.
Comparative
five
energy
Feb. 6,
>
1942
asset
.
of 252,638 ;
in 1942,
retired
Due to brokers
was t
9.^
~
company
^
common
war
ment
American Water Works & Electric
June
Feb.
of
branch
obtain
formerly Manager of the company's
Vice-Presidents. /
elected
Balance
of
dividends
Deferred charges
progress
With
can,
a
elected
been
but
pressure.
long
so
guide
of
receivable
Dividends
preferred*stock^Tand' $1,218,871-"
of
out,
the
the
and
$5,197,728
certificates
Accrued interest,
country is second only to the necessity of/
war.
A stable pricq -structure - will idetermiue
that
so
their
Discussing
the
of
1913,
corporation
issued
G
year
value
par
1942
Dividends
and Improvement in the affairs pKRadip-keithOrpheum Corp is discussed In the report.
Mr. Odium's statement
says:
"The problems which previously concerned its production branch
vacancy
Mt-Kean
Mr.
over
that date
>
year,? totaling. $2,298.202,. of
value
ihe
analysis
services
per year.
1
Continued
each;
Manager
July,
cost
at
:
UV. S. Treasury
capital
otherwise be bound " to exert' a strong
analysis further points out that the sub¬
stantial part of this excess purchasing power
commonly known as the
inflationary gap is with people who have incomes, of less than $10,000
,
Nichols,, Comptroller, has also
company.—V. 156. p. 2093.
the
Payne.
General
company
the;
of
of
work,
another,
or
1942.
fill
to
H.
director since
John
•
purchasing power left over from their year's
This, it is said, must either be givenMn taxes or saved In
of
elected
treasury
(Corporatlon and Its Investment Company Subsidiaries),.!:-'
;
.
' ?
on
q,
the
$13,500,000,
and
war
run.
a
and
been
the
of
excess
in
Assets-*-
this
The
paying
company
of
stock
common
Cash
Mr. Odium
asset
life
in
at
are
than
Co., Inc.—Changes in Personnel-
has
death
than
more
military
inflationary
common
cents
of
,
said,.."during which general
common stocks declined
substantially, company was
all its
expenses,
including taxes; :t6, pay dividends >
the
controlled
form
•
Payments
20
the
of
report
considered
pointed
five years,"
full
war."
theatre
American Meter
caused
:
"j.
..
p,\594!\-
:
the
accounts
Odium
inflation
cost
come.:
1736.
p.
J
«
during
$9,500,207
.
$18,293,260
—_
Consolidated
:
share
per
improvement
beginning
the
after
surplus
the
on
■
during
and
more
$40,000,000,000
par
$1,336,601;
to
goods
American Investment Co. of 111.—15-Cent Dividend—
A
.
Mr, Floyd B.. Od]um> President, called
policy of the company as often- announced; to strive
period
at-the
rather
$28,-
(35,439
$11.01
!'!
$27,793,476
depreciation at Dec. 31, 1942_
for
the
of
local
taxes,
income
Unrealized
■
same
inflation
liability for payments due holders,
$85,310;
common
Federal
paid
the last
the
in
for
of
f
income
winning
long-term
provision
$2,900,215
_
".$27,751
•'''
J-
t.
.
company,
other
1,686,811
1942
•§After deducting net unrealized depreciation of assets.
■
surplus;-,' $529,466;
annual
■
in
period,''
the
venting
receiv¬
deposit
on
subsidiary
$167,265;
of net assets, $654,371;
excess
cash
from
—
at Dec. 31,
—
1,213,404
and
receivables
from
nonconsolidated
majority-owned subsidiary
companies.
Net
unrealized
depreciation at Dec. 31.
1942, includes
adjustment for $512.46 net appreciation applicable to minority interests.
56,309
name,"
The data given, in the
report;shows that during this
live-year period common stock prices generally-declined'by about 23'«V
G ; Featured in the report is an analysis, of inflation. A Mr.
Odium, .in
sending this analysis to stockholders, says: "The necessity for pre-
$9,886,-
notes
the
value
absorb
to
had
the
$11,949,513.
$5,310,000;
interest,
provision
rentals,
$3,543,900;
arising from
it
deprecia¬
1941__.
JThe decrease in net unrealized depreciation during the year includes
a* net increase of $357,946 in management's'valuations of investments-
$84,060
"$11,149
19-12,
stock
common
in
1941.
Mr.
levels
of
and
(closed)
accrued
and
share
asset
the
amounting'to
79,940
$4,978,367),
$27,668;
receivable
accounts payable, etc., $25,160;
1&22.703;
to
policy,
end
J
for
reserve
accounts
total.
t;
the
in
current
able
174,442
1912
company,
$20,000!,
notes
97,551
—
.
:\
earned
61,032
1
1942___!__i__l21 $30,693,691
apd $16,072,789 dividends paid to Dqc, 31, .1941.-+Before deducting net unrealized depreciation,
;
67,699
reporting to stockholders,
"Over
$200,330
of
31.
maintenance
applies
(less
$1,117,186;
charges, $192,117;
Liabilities—First
debt,
hand,
30,
etc.
predecessor
for
accounts,
Nov.
equipment,
of
and
reserve
0723,774;
68.065 V
•
was paid on the outstanding
the outstanding common stock.
market
61,132
;
$305,245
.
106,317
Balance Sheet,
•
reserve
169,683
,
$356,804
106,317
building,
including
7.
-
72,420
V,:
162,334
$284,967
Assets—Land,
.976;
175,721
income
pfd.
a
the
33,658
065;
Dr 1,469
of.
$2,941,010.—V.' 154,
value
dividends
substantial
250,000
28,468
tion,
total,
asset
increase
on
In
5.794
on
at
of
187,429
4,227
debt
;
31,
stock
$497,253;
Dec,
this
income
Dividends
31,
cash,
reserve
-
capital
valuation
attention
$912,784
funded
31,
•' "Aftef deducting $504,897
,
$151*760
$64,505 J; ^ $40,330
59,183 V.
'51,478
Sheet, Dec.
(less,
with
paid
626,287
$1,091,035
.
Depr.
Net
Dr51B
•
$5,321,
>
$86,064;
for
Federal
A
$153,228
$108,395
.
'
,
$1,079,331
■&
$1,634.879A $1,539,072
612,580
Miscellaneous
'
$2,844,455;
ec-mpnre?
..
$1,071,296
expenses
on
!
Balance
capital,
depreciation,
at
The
etc.-
Amortization
.>
•
receivable
per
436.
p.
income____
on
"
isN.et
;
*
'
$12.56
;
adminis.
taxes,
oper.
,67;088
63.664
'
$11.42
'
Building Co., Inc.—Earnings
1942
________
and
expenses,
■
$108,912 P,
v
:
Dr487
$13,341
"
■<
Indicated
this
Dec.
.V
Dec.
409,646
-
Atlas Corp.--Annual Report--Assets
^Up—^Aiialysis:^:.'of-■•
phflation. Possibilities in tJ. S. An Discussed—
t
•
for
at
!Total
lion
American Furniture Mart
Gross
for
shown
J.
company
"
'
'>"•
at
-l-Surplus at Dec. 31, 1942;._-_____--_—
$562,874
401,125
$131,593
applic.
to
stock.!
,
accounts
serve
.
■
!
_j.a-._-
Accounts
and
notes
receivable--.^.-!.!-—!'!
(14,189 ' shares);;* $361,030;
pre- •
ferred capital stock
:;;Pbrtfolio- holdings j__!_!
(4,404 shares), $440,050h first mortgage.
20-year V
Invest, in and rec. from non-consol. control, cos.
bonds, $841,000; mortgages, $68,580; serial notes,: $2,950; notes
pay-1!
^Otheiq investment* ^
able, $38,000; accounts payable, $31,444; accrued
:
items,>.$45;173jft re-W
-
Obituary—
1;218,870
capital stocks acquired
unrealized depreciation:
At Dec. 31,' 1941
,v 15,883.757
Less, decrease in net unrealied depreciation during the year
6,383,550 '
!
shares
,
Liabilities—Common
now
stated.
was
__
share1,079,331
per
7
P
checks
157,
_
total, $2,941,010.
■
share
.a
Depreciation
■'p
share)__!^__:___„'!.___j:_i_
per
Aj '.*< '■:'! '■'• '■;
capital surplus
Balance
Deficit
$41,502;
notes
receivable,
.$12,572),,; $31;478; -investments,
$2,932;
inventories, $2,737;
materials Land- supplies,* $5,936;!.
prepayments,
$9,152;
special deposits,
$2,389;,' deferred items,v $55; ^!
according to a ruling by the N. Y. Stock Exchanged
probably will be actually paid soon after .the preferred
dividend
$132,'080
J9r228
''
$374;
by
stockholders
($3
par value of
-•
of
Unrealized
1942
loss
Net
'
$138,938
Assets—Fixed
!
vccord Sept. 24, 1941,
The $1
Deficit;
stock
($0.50
over
Net
31,
31,- 1941______j________ $33,052,925
year
■
Balance
1939 v
$510,037
.
,
the
and
by the declaration of the $8.29
stock
the
Dec.
pfd.
stock
common
during
*
452,463
$139,166
com.
"Deficit*
-■
*
$584,543
$7.7,005
pfd. and
to
by
mailed
On
at
and
Dec.
Net
1940
•
61,933
Earnings
his
or
Surplus
Kiulcd
§Surplus at Dec. 31, 1942
Income
per-share-
awarded
will
On
Balance
Net excess of cost
!■;'
,
paid:
Treasurer's
sale of
Depreciation ,-!_!-!_
1943;y
complainant
made
was
and
to. the
.,!
may
ended
year
will be paid, and the
balance, viz., $1.04 per share, will be deposited
pending the final determination and the order of the Court with
respect
j-olicitor
1941
,
490,927 "
-Balance
April
15,
Feb. 23, 1943 to holders of record Feb.
15,!!
following: In accordance with the provisions of
Chancery Court of the State of New Jersey, made
27, 1943, of the dividend of 1.29'r
delivered
t
"
,
Interest
the
the
be
and
refrigerators _!
payable
to
of
should
1942
income ;'_!„_!!"
Net income from
■
the
March-10,v 1943, but
notice.;
preferred !
Feb.
fiscal
Fon
without
$630,093
inalnt.
incl. 'Fed. taxes'
'Oper.
series
ended
year
record
sale
Dividends
.:
;
,
noon
date
Interest 'at
"Capital surplus;
,
taxes,
payable.
156,
on
the fiscal
1943.
o'clock
-
was
Pay Arrearages—
holders
to
fQr
plus
5ft collateral
5ft>per .annum
Comparative Income Statementior! Calendar Years
Total
declared
were
earnings of,
1943
$1),~~-V.
(par
12
revenue
respective1^
notes
on
10,
at
earlier
an
101
of
Year
its
tAtlantic-Ice; Manufacturing Co.---Annual Report—
Gross
$10,780,520
1941,
of
2,901,940 shares class B stock
following
7'i
and
collateral
as
American Car &* Foundry Co.—To
1936,
market
aggregating
1942
serial
class
A
stock
(par
$2.75 cumulative class A stock
optional dividend
86,870 shares of
and
on
the
19411.
prices
by
prices,
in
based
1941)
March
at
at
of
amount
—-—
v:
Dec.
on
610,835,123
The
—
1959,
limited
a
.
11,723.683
:
——
1,
expires
tendered
$26,373,943 $27,733,302
"■Based
1936
2,977,021
11,723,683
-"v'-.'t: ! V
V-
Total :
quoted
8,058,265
2,885,523
Jan.
including
offer
purchase
office, Pier 13, East River, N. Y.
City, with July .l, 1943J and all
subsequent coupons attached, on or before noon March
10.
1943.
Payment will be made immediately on
delivery (land '• acceptance of
bonds, at 101 an-d interest to and
including March 10. 1943, less 50
cents per $1,000 bond to cover
Federal Transfer Tax."—V. 156, p. 2187.
19,400
8,058,265
stock
Capital
$70,660
4,775,000
due
withdrawn
"Bonds
3,660,000
.
Earned surplus
80,
bonds
and
!!
;
contingencies-——10.9,273
for
•"f Capital
"'■*
s v.
will
company
"This
Accounts
rtock:
trust
be
!svss:
Consolidated .Statement
A.
"This
29.424
——25,811
Monday, February 15, 1943 "
Atlantic Gulf & West Indies
Steamship Lines—Tenders
G. Plett, Secretary and
Treasurer, on Feb. 8'saidf! !•'
!'!
1941
80,540
Liabilities—
of
'
1942
_—!_!—$26,373,943 $27,733,302
Total
Notes
'
.
$26,145,652 $27,623,337
—-
receivable—
dividends
and
y
-
——
-
Accounts
31
Dec.
.
!
"Investments
Sheet,
been
to
items
for
the
armed
forces.
New
developed for making these fabrics
provide
the
highest
quality
resin
to
product.
coating
conserve
processes
rubber
as
have
well
as
THE COMMERCIAL 8c FINANCIAL CHRONICLE
Volume" J 5 7/S Number 4151
attention will be directed
:BeIden Manufacturing Co.—ST^-Cent Dividend—
industry;. Studies have
The directors have declared'a Cash dividend of 37Vi cents per share
far as possible to meet
on
the common'stock,, par $.10, payable March 2 to holders of record
post-war conditions .and
to deveiop new and improved' products to
Feb.TO.
The company announces that "payment niay be made in U. S.
meet anticipated post-war demands. • The possibilities for- new indus¬
War-'Savitigs-Bonds,* • tl. S. .'War Savings Stamps, or cash,." at ,the
trial
production are encouraging. in many large volume fields, . An -> stock holder's
*option;V"
.:,•"**,
expanded research program has been adopted,.) which will be carried•
Payments during 1942 -were as follows; March 2 and June 1, 35 cents
out within
the limitations of war restrictions.The amount expended'
y each; and-Sept.' T*;and Nov. 30. 37y2^ cents each.—V.* 157, p. 213. ;.
in 1942 for research and development work was $430,000."
the
'-'To
•
..
to
Consolidated
permitted by war activities,
extent
undertaken
order
in
prepared
be
to
face
Will
which
problems
the'-post-war
been
593
Balance
Sept.
Sheet,
"
:
Assets-
80
*■
1942
1941
.
so
,
v
.
Cash *
_______—^
U.. S. Government securities/.;.__^„_..,_..„__^„
*,
;
*
'
Accounts •arid
receivables
notes
15,580.000
(net
84,166,269
Inventories
.
Income
Calendar
for
Account
1942
Sales
'.-
of
etc.,
sales,'
1941 "
'
.
$30,787,290
«net)
Cost
/ 1940V
1939 v .
$34,516,750 $20,581,843 $16,531,245
.
17,823,693
V
;
under
Vi:
132,170
headed
$1,506,972
76,624
-
t'Flant land,
to. a
dispatch
press
Buffalo
from
buildings and equipmenf_/\./„..^-„
operating profit-Othdr ihcome (net)_/;_
Prov.
<«■;'
taxes
for
contingencies-
$1,855,669
divs.
\i Com morn
(6
891,840
Surplus
Com.
shares
per
In
$426,025
254,827
$6.13
256,568
outstd'g—
$5.89,
share..
com.
-..^Includes
v
$620,844
'
•Earns,
•
•
1,135,591.
—
of
tax
profits
excess
1941.
-
f
marine,-aiui' .automotive
and
i.
-
t
r
83.82
j' has
on
tax
l
complete
been
While
times
;
i other U. S. Government securities,.$270,900; accounts and
'
report
to;
the
was
the war
"hasten the
most*
1942,
hour
challenging
job
Due to U. S. Govt,
Due
story
working
of -the
to
previous
all
record
a
•
$459,169,026,
•
24,765,278
3,018,874
9,111,296
6,714,373
Other
or
and
rents
sundry
accrued
1,429,335
7,380,834
—j,
../
contlngenecles
Minority
interest
capital
in
of subsidiaryCapital stock ($5 pari/Capi tal surplus
stock
and
3,422,710
3,146.190
10,566,765
10,525,065
16,153,852
15,940,039
surplus
V 61,635
:
Earned
/
—
—
■_....—_
surplus
14,789,668
—
—.
"less reserve for possible losses
in
•
/L//^-/^:.///_/////.„._■///„/>/-/
Total
if-
$156,596,198.
of
payrolls,
profits
excess
Svlndvy operating reserves
Post-war contingencies
'
this reduction*-in. earnings; Mr.
sales
on
9.033,764
5,206,898
and
accounts
report, stated, net income for
provisions: for. taxes, reserves and
$5.90 a share of capital stock.
This
compares'with earnings of $13,267,988' or $6.30 a share for the previous;
year,
Govt.—profits
income
Accrued
and
contingencies,'was $12,464,196
■
"i; fiscal
for contract price reductions
47,019,270
thrfee
nearly
29,160
'7,790,883
18,847,673
10,776,273
.267,654,923
101,615,442
the
year,-
charges
10,060,000
42,945,237
/
etc.—.
65,400.000
.
,
-
sales.'orders,
taxes.//;//
State income and
franchise, Federal capital
stock, social security arid sundry taxes.——/::
services
-
.
S.
oil
refundable^//._-
not
can
with the armed
which must remain secret."
.sales: increased
net
sales
cooperation
the closest
in
the.-period,- after
■
accomplishments
corporation's
the
of
'
advances*
to-D,
Federal
the fiscal
for
101,615.442
25,195,295
the
of victory
undertaken
1
267,654,923
payable
Customers'
Breech,
Ernest R.
stockholders
to
many developments
•
notes, $4,170,000;
notes receiv¬
able, $5,653,093; unbilled costs on cost-plus-fixed-fee contracts, $2,689,384;
inventories, $5,012,322; investments;.: $1,492,131; property,
plant
and
equipment (less reserves for depreciation and amortization of
$10,958,320), $8,841,928; good-will, patents, etc., $4,053,247; deferred
Assets—Cash,: $7,749,277;U.■■Si", Government
for
ahd
industries,
lives'1
'/
*
~
2,234,998
1
■
payiible---;/__/^„w_////^,;^/„_L/j
for
be revealed,-Mr. Breech told stockholders, "for your corporation
now.
-
;
V
annual
The
>
y
$3,232,948/
•
human
save
equipment
prodnction of
.
-
81, 1942
Notes
.*
President, declares
year ended Sept.
30; '1942. 'V '
,> \
^
.
*■ ,
■;,
.The volume of Bendix war production increased to 20 times that
of
pre-war levels,* Mr.
Breech said, adding that about one-third of
this increase was in new types of devices not even on the market in
1938 and which were developed in the corporation's own laboratories.
747,480
and
to
the
in
342,985
$5.71
1942
•;
-
and
'instruments
new
aircraft' engines;
and
by the corporation during
$1,299,137
$208,672
252,279' ("7 ,250,288
Consolidated -Balance Sheet, Dec.
-
,
aircraft
t
$378,008
in
$3,672,000
perfection) of 'entireljf
1
•
•'342,985
_
dividends;
;.r-,..Th.c:
$1,583,596
$1,784,429
342,985
1,063,436
Corp.—Annual Report—
-
2,877,459
2,053,313
*
etc.
goodwill,
—
Accounts
";i1284",459
$1,904,601
342,985
Net income*
Preferred
•1
$2,890,320
q 1,105,891
$6,875,815
$6,795,669
0,000' •*4,621,214
500,000 ,/* 350.0Q0
income
Gross
Federal
'•
;/ Bendix .Aviation
12,734,551
3,971,248
Total
Liabilities-
$6,684,188
$6,800,912
7;: 111,481'"'
' 74,903
Net
4,^34,983
12,265,322
facilities-..
charges _•
Patents, "patent rights, contracts,
I
38,657,640
miscellaneous, assets^.—.4,4u2,995
.'Deferred
•
Feb. 9 an agreement
which * the corporation will borrow $60,000,000. from 29 banks
by. the New York Trust Co. has been reached.—V. 156, p. 1687.
According
15,024,273
$2,758,150
27,715.838
30,103,102
$60,000,000 Credit—
•
delivery,
expenses
Bell Aircraft Corp.—Gets
*
and
Special; plant
;
(irtcl. wholly owned subs.)
Years
Investments
*•
28,184,581
85,988,955
1
,
•
11,931,289
59,136,820
and
1942
•$6,521,935
in
$975,948
and
1942
in
—
on -accounts receivable of $1,938,309
1941.
+Less
$3,825,908
for
reserves
I941.-<~V.
In
157,
of
depreciation
437.
p.
j v
Commenting * on
Breech said- that
*7 7/"!
the -corporation recognized Its obligation to do its war production job
Liabilities—Accounts payable,. $2J513,117t accrued liabilities, $2,0,62,'/
Oh- a limited: profit basis.^
Benedictine Society of the State of Colorado, Holy
,
.'
>
/ 969; contract advances, U, 8. Government, $4,325,000; Federal inCoiiie
i"We reduced our prices as soon as we were able to determine our
/ Cross Abbey, Canon City, Colo.—Bonds Offered—Baum,
•and
excess
profits taxes accrued, $5,776,261;
dividend accrued on; ">*profits •-wltttnA reasonable degree of accuracy," he said.
"At the-'
~t preferred stock, $57,164; notes payable due 1950, $1,052,400; reserves,
>Bernheimer Co. and Soden & Co., Kansas City^ Mo., are
i outset costs"
Obvlousiy^could not.'be forecast due to the complications
$1,751,178;
Sty
cumulative convertible preferred stock
t$100 par), ; .* of-manufacturing ;under -radically. chang*ing>conditiohs involving the
i
offering $215,000 3% first (closed) mortgage,; serial
$6,869,700; common stock (263,936 shares, no par), $8,797,875; "capital
opening ,,of. new 'plants;.-the • establishment of many sub-contractors
bonds.
> and
paid-in : surplus; 81 j037,710; ekrhed surplus, • $3,764,370; total,
and,the. finding; of thousands of new sources of supply.
charges, $65,462; total, $39,997,744.
'
'
^
'
'
*
>839,997,744.-
'
'
-;l
x
i
A
\
.
}->•
"v,
ll.
r.
,
'
•
/'•"
'J' '
,4
*
/
„
r
o
"The^tremendous
,1.1'^* *
' '
increase
in
;
volume,
affording
however,
the
us
Dated Jan.
,
cipal
A
10 to holders of record Feb. 20.
Mar. 10. June 10 and Sept. 10, 75
eaclij and Dec. 10, $1.25.—V. 157, p. 437.
/,
cents
•
declared on. the common
73 cents per share has been
dividend of
payable
value,
par
Mar.
v
of. the
*.
Colorado,
Made To Stockhold¬
•
'
to
-
at
may,-
the
time on or before March 1, tender such stock
for retirement, at $2.87'/a per share.
* " •
• - "
dividend of 50 cents was declared out of capital
conditional
The
surplus,: payable April 5 to holders; of record April
>
t
any
corporation
last
(February,":, the
enabled
corporation is notifying
V letter
Bendix
to
to
to
.
-
..
'
RR.—Eatnirigs—
Ohio
Baltimore &
'
Ry.
revenues.
26,173. 203
struc.
2.441, 461
equipment—.
5.340, 347
operating
Maint.
of
way
•
Maint,
of
;
Traffic
t
&
1.920,517.
Genetal
-52.191,196
74,781,971
235,099
2.870, 475
1,974,176
W 450,374
7.303, 597
Tramp, for Investment-
5.692.087
•
*'
Cr27.903
Crl2,902
—
;
•
t
;
4
Net
4.142,931
Net
15.780.106
5.740,199
2.692,030
128,355
1,660.065
1.815,343
2.499,822
—Jt6,311,,122
.4,411,832
.376,049
305,000
;
Income
Mlseel. deduct, from Inc,
/,
...
8.670,683
avail,
Inc;
for
•;
Fixed
charges,
"
|)bst/war/Ancl/bthef/contingencies-/amounted* 'to
fiscal
the
of
f
2,616,137
31.219.819
13,351,310
—
1,490,695
45,323,597
157,
p.
A
dividend of
,
Year*
Nov.
last year.—V.
30,
Inc»—10-Cent Dividend—
has been declared on the, common
156, p.
sales,
<■
Society
a
_
of
Society
the State
of
;
<
1942
.1940
1941
.
$
8
/ $•
■
.
current
assets
share
of
over
common,
38,967,198
31,
Dec.
stock.—V.
127,812,654
39,770,884
-
25,016
' 2,381,190
i
i
47,993
255,248
141,704.
Other income
1941
$4,851,503
687,840
- 27,140
*
Total
$6,933,454 1 $5,566,483
——————
819,110
3,400,249
890,099
3.508,015
w_
Net
income,
transferred fo deprec. reserves
Consolidated
Balance
*
on
that
date
to
$70.74
equivalent
•;
i
t"
,
—!„:_!!_;
„_1
Balance
Cash
deposits
$79,865,104 $79,877,760"
18.079
___1,128,920
receivable
Accounts
Prepaid
Deficit
-ii..727.356
'>
..
18.425
1,121.184
564.357
173.592
and deferred Charges.—163,561
LT
—1'_—
J
116.973
account
116,973
—
First
2
f
1 labilities—-*
-
-*
y,.**.
L——'
* •*•*.■
*'*•
-
$82,019,993 $81,872,291
v.;^ ■*,*- /■*
-
bonds, V's'l,
$18,000,000 $18,000,000
bonds. 4%'i-, 1973———' 39 955 900
39.955 900
I960-------18.000.000
18,000*,000
payable
■
622,586 y 474.884
interest
1 —U—
1,441.508
1,441,608.
mortgage
First mortgage
*
Loans,
Accounts
Accrued
tCapital
Total
5^,
——
stock ————4.000,000
—
4,000,000
$82,019,993 $81,872,291
^Represented by -(1( loan, $6,000,000, secured by hypothec-^silbject
to prior, lien, and (21. loan, $12,00,000. secured by hypothec to ex'teut
of- $10,200,000-—subject to prior lien.
-(Represented by 715,779 no; par
shares.—V. 155, p. 820.
v..: .*
239,698
Federal : income
excess
Dividends
-
-*
12,464,196
/surp. at begin, of the" year
10,776,273
.
41,250
*
—-
/'
5,398,806
:
:*
.
/
/_
*Net. income V,
f Dividends
on
optional
$3 conv.' pfd. stock—'
5,768,415
Earned .surp.1 attend of, the > year "14.789,668
10,776,273
Earnings per-share/of^eom. 'stoolci- v- •
$5.90,' • "
$6.30
5,398,806
$3.75
f/M-Selling,'/'service, -/administrative,• -patent,
Earns,
per
development
and
.
'v/
*
*"
"
*
-
company's
panies.
:
■
company's proportion of the undistributed net
French subsidiary and affiliated com¬
companies,
.
: /:■
-'■
V 20,235
$1,580,022
$1,833,409
1,020,700
$0.69
1,061,226
$0,15
21,571.
31,700
$1,529,344
.
$1,420,273
/:•'.■
1,169,524
.. $0.56
1,198,239
///
'
".
loss on the sales of securities.
dividend- income
dividends.
&
Dry Dock
represents
'
$1.31
;
/
proceeds of sales of shares l'fef
/.
Balance
~
$601,845:
Assets—Cash,
31,
and
•
' .7
•
1912
cost,
$33,915,567;
accounts
receivable
and
total, $34,633,956.-
banks due Feb. 24, 1943, $4,800,000; due
securities purchased, $60,237; accounts payable and
$27,159; provision for Federal income tax (less U. S.
Treasury tax savings notes, $70,000), $10,600; preference stock (344.012
shares, no par), $8,600,300; common stock (par value $1), $7,489,483:
capital surplus, $10,330,344; earned surplus, $3,653,671; cost of 9,60(>
shares of cumulative optional $3 convertible preference stock held in
brokers
accrued
'
dividends
"
v;
Dec.
Liabilities—Notes payable to
to
'
at
(net).
Sheet,
$93,G36; due from brokers for securities sold, $22,908;
interest accrued,
~r
Co.
participations
A Underwriting
for
expenses,
treasury,
,
■}"' 99,842
income
investments,
lack of reliable infor¬
non-consolidated sub¬
dividends received during the year
were approximately $100,000 more than the
-proportion. of-; the net results of operations of such com¬
■■■<•'
$1,786,381
334,407
1939,
/ Shipbuilding
non-consolidated
sidiary •.and'.affiliated''
ended Sept. -30,
1941,
$1,849,703
298,788
123,167
under indemnity agreements. in connection with purchase and sale by other corporations of capital stock of Newport News
panies, of an indeterminate amount due to the
is not included above.
As to the other
mation,
as
SNet
credit of $336,262.
parent"
1,503
$2,147,523
293,819
share-
com.
in
(Stock
celved
general
^Through^renegotiation pursuant to section 403 of Public Law 528.
of
:|:69,59?.
.
81,749
§116,570
in 1942, $271,576 in 1941, $11,135 in 1940, ancl
representing security received as dividend priced ac.
f market quotation. ..U;•;'
ifzf
'•/''/■■•/
and amortization of special 4.7'
plant '.facilities and, leasehold improvements.
fNot used"-in the" business-and
on
surplus plant—net (including
depreciation—1942, $22,795; 1941, $22,739; 1940, $24,854).
/
TlAf.ter .postwar,
■
tIncludes.*$237,367
$18,700
abd provisions for possible losses on receivables and inven-..
Note—The
'
65,008
•
plant••: buildingsand- equipment
income
-/
1127,285
/
*
"Exclusive of profit or
11,167,221-
/,■;
1939
$1,954,132
274,268
income
v
"
3,305,849
7,890,521
.
* '**
1940
f$2,055,230- ($1,651,385 ($1,592,120
12,561
Expenses
.
7,861,372
13,267,988
18,666,794
*
'
Years
1941
1116,780
income
*.'- TaxeS
2,504,188
1,764,531
8,450,802
expense, ■
tories/- '
I
$1,924,791
./
Total
;
33,476
*
23,240,469
Dividends> paid
Calendar
for
/ / — _/../
(taxable),
.
Interest
60,678
-!_/»//
10,301,907
13,144,585
/
surplus at beginning' of the
Earned
;
Miscellaneous
——
7,050,849
profits-taXeS_ j/_/w/ '138,616,219
in^omfrj
for
per
•
;taxes___-l—
Earned
in-
$44.95
Optional stock dividends
.
^
on'
an
(
500,000
•
Miscellaneous; dedUbtionsl/i/_//_i_
255,375
SProfits refundable- to' Uj/Sk TDovt. '/"65i4OO,O0O:'.;;'
Of
Total.
89,520
.
\
foreign
redemption
of
Vk'iv sinking fund debentures./-
Premium:
Net.
-
A^ets— A '" '
,
.
1942
*
1941 '
Properties ancl plant, rights in the falls, rapids,
■
hydraulic powers, dams, constructions, etc.— $85,679,569 $83,156,885
Depreciation reserve
5,814,465 -S 3,279,125
Guarantee
paid
on *
/-
/
p.
$16,736,373,
equivalent to
amounted
1942
$1,347,125
$2,535,340
Sheet, Dec, ,31
losses
for
-investments-
Federal
,
—-
for
Provision
3
Operating expenses and taxes-,..,—
Fixed charges
—
paid
Provisions
and
518.
1941,
157,
stock.; T Pre¬
common
were
investments; the net assets of
to $23,656,220, an amount
share of preference stock outstanding (after deducting shares of such stock held in the treasury).
After
making
allowance
for
preference
stock outstanding at the
amount
to
which
it is- entitled
in liquidation
($55
per
share and
accrued dividends I said
amount is equivalent to $0.69 per. share of
common
stock outstandingi
'
h
*
<
Is
12,649,762
inncome
Gross
of
1942,
,31,
Dec.
1942, prices
Dec.* 31,
on
corporation
which
1,523,628
/
income
-
shares
313,603
Blue Ridge Corp.—Annual ReportBased
the
11,126,134
803,686
profit- from- operations/
-.
'$3.49
:
of
as
$1,177,462
of
crease
!
558,655
:
2,033,368
Net
.
$2,044,304
$6.01
$1,Z54,184
share..*--,...
After all charges. * tOft
liminary report.
.—- -
_
depre0iati0fi/f-.«_i_
6,124,304
3,080,000
.
127,253,999
Net
-
_'_/—$6,799,228
;
104,543
29,682
/'/-/'
Colorado,
of
2,040,006
*
pel*
1,198,620
Interest
•1942 ■
sales—primary
Secondary
Electricity
;
3,544,184
Income- Account
Income Account for Calendar Tears
at.
the
taxes
before
Net profit
tEarnings iper
.
•
,
1,428,050
Beauharnois Light Heat & Power Co.—Earnings•
located
prominent part in the civilization of mankind.
Benedictine
^Profit
royalties;
tFro'visiona- for
Other
consolidated
purposes,
Federal
.
30
249,414
'cbiitingencies-/ —3,185,673
?Charges..on .real estgte_^_-'
351,231
:
1738.
equip¬
buildings and
school
and
•v.Chiltingency>ird3erve"vJi.--.^-^----—-—250000 '
and othdr
operating, income, less discounts
and returns )and allbwarices___j'_ 459,169,027 156,596,198
59,342,163
*
Cost 'of sa les_...__ / ^
329,881,659 116,200,951 j; 47,017,401
stock, par 81, payable March 1 to holders of record Feb. 16. DistribO-'
lions ol' like amount were made on March 2. June 1, July 28, Sept. 15
and
Abbey
for
,
$14,171,187 at the
■
Ended..Sept.
.•
Gross
10 cents per share
used
The estimated value of the properties is $572,318.
generally known
locally1 as the Holy Cross Abbey, was organized, in Canon City on
the present site, for the purpose of providing an adequate Institution
of learning for young boys of Catholic faith, in addition to a complete
'-education
through seminary years.- Holy Cross Abbey is a chapter
consisting of- 44 priests, 24 of whom are now acting as-pastors in
/various citjes located in Idaho. Colorado; California and Kansas, and
(Including Domestic Subsidiaries)
21,09.1,883
518.
Beau Brummell Ties,
Societv
Benedictine
The
;
Account,
Income*
31,507,809
,
Society
«
year.
.
-V.
I
Income
Net
Benedictine
all of the real estate,
mortgage on
the
morals playing
v
/
•
Mr.< Breech revealed that "to fully equip- a modern bomber,
alone, more than 150 devices manufactured by Bendix are needed."*
The total of the reserve for post-war contingencies accumulated by
Bendix, >the
report
revealed, amounted,
as of
Sept. 30," 1942, to
$7,380,833, of which-.$4,195,160 was brought forward from the previous
year. ' The-•aggregate ••reserves,
including sundry operating reserves,
reserves, for
possible "losses,: on. accounts receivable and reserves for
52.599,692
76.543,416
4,106,832
the
.
1,685.985 7 2.004,181
15,935.073
2,583.763
of
-
fixed
charges
Dec. 30, 1942.
obligation
of Colorado, a non-profit corporation incorporated in
generally known as Holy Cross Abbey, and are secured by -a
*
54.003,873*.
,78,229,401 5
on
trustees,
direct
a
ithe remainder serving the Abbey in. various religious and educational
of
the
fact" that "through/ many
years of development and
.capacities..
''
pioiieerlng ;bFi/Our* Jhighly•/scientlfl6 * kifcraft 'instruments..' and other
Purpose—To refund the existing indebtedness at a lower rate of
devices, they .had* faith in the. future of this corporation and had
lor many yeafs prior to the war furnished the necessary capital for
interest.
'
,-:<*• y:=*/:I :
ff
reseuVch and-development of its products and acquisition Of its prop- ■Af
cities.'V
He explained
that these products were the result of many
Bigelovr-Sanfortl Carpet Co.—Darnings—
;
ini 11 lons/iol
/jollftrTrrvested iA research»and many years- of pioneering
Years Ended Dee. 31—T1942
1941
effort.
''•
Net sales
$41,511,394 $39,251,161
Pointing, to'the pressing >need-for Bendix designed and developed
close
,
in - such
products,
46.297,125
8.306.748
69.558,718
1,912.010
1,341.604
Income
Total
25,054,013
14,969.513
Income—._
ry. oper.
Otlie r
66,584.604
283,156
*
102.012.995
1.819,410
7.748,185
Railway tax accruals... Cr7,748,050
Equipment, rents (net> 388.397
Jt; facility, rents (net)
138,320.
from ry. oper.
rev.
the dividend paid
Cold.,
are
view
•"
5.158.868
159
98,045
/7,173,915
shtire'in
Prin¬
Trust
Callable
the -country
forming a moral federation, of which this is one.
Except for the financial and moral supervision, each abbey is entirely
independent of every Other abbey.
The Benedictine Older was establishd in Italy in the sixth century and its congregations since have
extended
to
all the' corners of the World, with its teachings and
"Without/being able to give any assurance as to the future dividend
policy,"-" Mr. •Breech* declared/* "it is our conviction that the stockholders-- ai'e-'entitled ,to a substantial
return on their investment
in
21.148.023
62,590 467
267
I.-.//- mm
expenses
27,921 773
404,860 /- 3.509 728
281, 170
Miscell.
a
■
1958.'
Commerce
at
of
.
227.503,022
4,839,065
V
9,199, 499
Transportation
-*.///;-/
operations
.
306.254, 194
19.153.859
476, 274
•
'
.
1942— 12 Mos.—1941
1942- Month—1941
!\% $
Period End. Dec. 31—-
,
"The
corporation
can
provide, real protection
/ involved ih -this tremendous ^expansion, particularly
1945-Mar. 1,
payable
State of (Colorado Is a member of
the. American Casslnese Congregation of Benedictines.
This Congregation is composed of 16
autonomous abbeys located in various parts
The
.
against the risks
the riskk of term!nation ; ahd conversion ;tofi peace-time /conditions///;ther report' /eoirVtinued',"only by retaining earnings and by creating reserves."
This
was
reeognized"by-a reduction of the dividend rate from $1 to $0.75
*
1)
Sept.
State
of
ment
be
reduce
to
County,
Security—Bonds
first, (closed)
.
and
1
Coupon bonds in $1,000 denomination.
part, on any interest date on or after Mar. 1, 1945, on 30 days'
.^ Commerce
Trust/ CoJ, Kansas City, Mo,, ahd; Public Trustee
Fremont
//Canon City, Colo.
should
profit/-margins - in**; view of the great financial risks inherent
1.—V. 153,: p. 236.
156, p. 735.
,
which began to take effect as
refund
Unprecedented expansion;
See Aetna Life Insurance Co., above—V.
■
or
of
stated,
report
agree
unreasonably from the waY effort," Mr'. Breech said, "it
/stated that" there is a limit to the corporation's ability
Automobile Insurance Co., Hartford, Conn.-—HeportJ-y
>•'
-
early
"the results of the full ' year
the Government an additional
$65,400,000 in renegotiating' the year's profits as required by law, by
far 'the/greater pbrtioh 'of which would otherwise "have been payable
as additional income arid excess profits taxes.
* • """While is/has bebft demonstrated that we .do. not wish to profit
"Despite these, price- reductions
as
'
stockholders that, subject to terms and
conditions specified In a letter dated Feb. 1,-: each holder of capital
stock who elects to sell his stock to the corporation and not to receive
the
conditional
dividend of
50 cents per share mentioned in
the
'
Into.'during; the year/aggregated-$123,009,000.
entered
ers—Paying Conditional Dividend—
The
all
Vhotice.
.
serially Mar. 1,
due
1943;
Co., Kansas City, Mo.
'
-
last year were as follows:
Automatic Products Corp.—Offer
y
beginning of the,fiscal year and
•
stock, no
7 Payments
1,
interest .(Mar.
and
If opportunity*1 to^ reduce costs through increased efficiency by a wider
»"flpplicatipn of '.mass-production methods, made possible substantial
f
price reductions'; despite greatly increased wages, material and other
costs/. And; for., the-. same reason we thought it desirable to make
substantial 'reductions in; profit margins,", stockholders were told.
•/ ;
"At Sept. 30, 1942," Mr. Breech said,/''price reductions on.products
75-Cent Common Dividend—
;
DrS337,837;
total, $34,633,956.—V.
156, p.
1465.
THE COMMERCIAL & FINANCIAL CHRONICLE
600
sales
Net
Period End. Dec. 31—
19o4Lc"
$4,703,845
395-211
v-—--
foreign income
157, p. 215.
389,263 shares of capital stock.—V.
Revenue
$3,185,066
214-954
$0.55
—*
——
-
fNet
pront
(Earnings per common share,-,
=>
After
depreciation, Federal and
Boston Worcester & New York Street
Co. (& Subs.)—Earns.
Black & Decker Manufacturing
Quarters Ended Dec, 31—
etc.
taxes,
fare passengers
carried
"Net
—
"After all
(On
shares
-
1,302,182
771,856
$35,334
1465.
p.
,
$147,240
'
(less
2,895,047
$46,390
Inc.—$14 Preferred Div.—
(Sidney) Blumenthal & Co.,
declared a dividend
have
directors
The
The
directors
share
of $14 per shore on account
preferred stock, par $100,
the
on
have
Feb.
11.
payable
cents;
June
1,
clear
V.
cumulative
7%
the
on
were
March 1 to holders of record Feb. 18.
This payment will
all accruals on this issue to Dec. 31, 1942.
payment, also $14 per share, was made on Dec. 11,
which was the first since 1941 during which year distributions
made as follows: April 1, July 1 and Oct. 1, $3.50 each; and
Dec.
23,
up
The
last,
156, p.
declared
capital
record
accumulations
stock,
Payments
50
1738.
cents
$48,396
issue
Broad
Cash
profit
Gross
for Calendar
Account
Income
1941
-
—
Depreciation
„—
-
Years
and
$2,057,157
649,326
202,849
$1,567,413
744,642
(252,014
1941
$359,860
security divs.
•
10,648
...
income
.$300,932
——
Other income
General
interest,..;;
exps,,
taxes, etc.
——
$1,667,348
$1,204,982
29,282
8,836
43,686
$1,556,987
$1,696,630
78,591
107,571
213,900
541,072
$1,213,818
73,884
272,513
125,706
$614,444
134,476
103,250
income
Interest,
etc.
—*
income
Excess
—
taxes,
228,188
etc.
profits taxes-—-
Net
$834,086
170,410
par)-
$1,250,208
194,754
239,412
share——
profit
$4.81
$2.77
—
7% preferred dividends(no
common
Earnings
per
securities
Assets—Cash
$19,080;
value
banks,
life
$376,718
Liabilities—Notes
$713,463;
$79,438;
Federal
$13,951;
In
cash
land,
to
1465,
1949.
p.
declared
dividend
a
50
of
Feb.
cents per
20
share
;•,*.
.
the
Oct.
stock,
common
like
A
amount
and
1
Feb.
on
1
Jan.
on
1942.—V.
10,
156,
dividend
a.
April
payable
disbursed
was
Dec.
declared
5
2188.;
'
'
•**'■.
Net
of
to. Budd by RFC.—V.
.?*'; \'X
: %
$1,
par
payable
during
each;
■;
1842
and
,
as
25,
"7'.• v
,..
25 to holders of record Feb. 15.
follows: Feb.; 25, July 8 and Sept.
Feb.
were
Nov.
.
of
year-end
a
65
y'
; /.*.;y,
■
cents./ See. also, V.
.;r V:
:'y
■
Bullock Fund,
Ltd.—Earnings-^- V
of
1942
Federal
income
taxes
2,800
*
income
*
in
U.
Treasury notes,
S,
♦Accounts
and
Inventories
tLand,
series
/
''y:;'
•
1941
■
"
Balance
■"'
••
life
insurance
machinery
charges
policies-
Total
2,858,062
218,835
200,223
30,500
and
——
—_——
—
total,
Sheet,
"1
32,498
27,345
$5,355,549
Aecrued
XX-XXXXXXX $42,923
and commissions—XXX-X--';92,175
X——3—
—X.
751,665
wages
Accrued
taxes
31,
Dec.
Employees'
deductions for war bond
for
Reserve
Capital
,
-
2,483
contingencies——
500,000
500,000
(par
common
—v.
■
$100)
'3,250,000
.3,250,000
——'
Capital
surplus
199,154
Pay¬
3, .45
156,
surplus1,173,066
4
Total
„-W—X'
.
"After
in
1942
in
and
and
accounts
special
and
1941,
discounts
of
$228,998
in
for
reserve
157,
1941.—V.
$46,279
Net
Edison
of
output
Electric'Institute for
kwh.,
as
1942.
an
increase
the
For
of
compared
5.8%
'
ended
Net
for
was
1943,
the
week
the
Feb.
7,
".V-,..
■'
■
V
1
.
Boston
Elevated
receipts
Total
oper.
—X,
expenses
1941
1,975,866
1,734,103
Federal, State and municipal tax accruals-—— "
for leased roads—-——
4-
54,062
Rent
Subway and rapid transit lineInterest
.1
Miscellaneous
——
in
the
(2)
3,761
for
324,165
99,497
11,179
8,752
to
—V.
profit
157,
$530,556
—
$33,308
7.
p.
in
Income
Income
from
."
„
;■
Interest
Year
Ended
Dec.
31,
Net
The
15,178
Total
!
426,022
'655
$604,535
31,
;
182,602
$421,933
•
and
there
31,
in
%
$4,193,538.
Liabilities—Accrued
ties
V.
par),
$3,953,025;
met),
156, p.
liabilities, $10,276; capital stock (260,860 shares
surplus, $239,890; loss on sale of securi¬
paid-in
Z)r$431,586;
surplus
511.
income,
$421,933;
total,
is
renewed.
will
reactions
direc¬
The
probably be
period
a
the
earnings and
that it is in the
on
'
>.■*■:■'„
net
$74
'1942
1943
$7,127,000
Co., Ltd.—Annual Report^
$4.25
to
of
assets
$7.48
the
corporation
equivalent
were
The preferred stock asset coverage
while rthe class A stock assets value
share,
a
share.
a
;.
Income Account for Calendar Years
1942
a1*
1941
$21,829
y
•
1940
...
$14,487
214,278
divs.,,
$16,008
249,221
6,446
"
(
1939
'
$17,724
4 240,463
8,469
231,562
'
4,103
,
1,243
—4—dd
$242,553
$272,177
$260,574
$250,529
d——_
income
28,494
31,650
32,103
32,000
12,964
14,251
(manage-'"
company)
•
*7,314
15,123
20,107
23.037
$175,316
$192,333
•
$176,690
$3,437
prior
year's
accrual
*187,580
160,801
76,266
$285,125
$480,900
$327,573
for
Federal
profits
excess
post-war
(less
tax
income
and
(In¬
taxes.
credit, $72,738),
profits taxes
excess
•
provision for depreciation
$124,462, $107,933 and $92,045
1942, 1941, 1940 and 1939.
company's wholly-owned Canadian sub¬
of
are
•
31,
included
16%
of
Dec.
31,
dollars
in
on
615,157
treasury
1941.—-V.
and
•
the
•
-the
and
basis
amounts
summary,
consolidated
1942
1941,
of
income
net
respectively,
.
Canadian
official
transactions
Government
issued
held
the above
in
and
ended
S,
157,
,.**
capital
and
•
...
1,
1936437 189
175'31G
sales of investments
Balance
Drl78.570
^—-w—L
——
$3
cumulative
preferred
stock-—
—
J—
'
for
Dec,
Reserve
31,
as
.—
Required
$433,935
130,200
•
■;
including capital surplus--
Provision
:
•
82,677,654
Profit and Loss Account from Jan.
Dividends ,on
Total
;
•
".i/d..- ;
.
—
•
$303,735
2,981,389
,
by Charter-
1941-_
X'
317,432
Note—The
was
X
-—X-X;
$2,663,957
unrealized
$317,750,
or
depreciation of investments on
$596,168 less than on Dec, 31, 1941.
Balance Sheet,
.'
Dec.
Dec,
31,
1942
31,
1943
investments in
Assets—Cash in banks, $188,258;
U. S. Government
securities, $550,097; investments in other securities, $4,174,979; receiv¬
able for securities sold, $2,576; dividends and interest receivable,
etc.,
$18,535; special deposits for divs. (contra), $35,970;
total, $4,970,474.
Liabilities—Dividends payable,
$35,970; due for
securities
loaned
against cash, $63,600; due for securities purchased,
$2,957; reserves* for
expenses, taxes, etc., $6,753; bank loans due Sept. 30, 1944,
$1,300,000;
$3
cumulative
stock
($1
preferred
stock
par); $143,405;
$2,981,389;
series
class
B
total, $4,970,474.—V.
A
($10
stock
156,
par)<
($0,01
$434,000; class A
$2,400; surplus,
par),
1465.
n,
includes
$148,155,
Canadian
Federal
'
Balance, Dec. 31,. 1941^^———dw.---———-a-J-
41,831
1,807
Canada
14,884
$164,782
of
7
*..
,
12,507
v
Statement of Surplus, Dec. 81, 'iiii'i
;
,
26,356
14,487
.-,31,429
^
Capital. surplus—
Balance, .Dec. 31, 1941
a
$405,646
summary
Canadian
was
1942
U.
All
was
Profit
from
Other
\
,
income
Carnegie-Illinois Steel Corp.—Sets New Record—An
authorized statement released on Feb. 6 stated:
-
The
involving foreign exchange
restriction, and; control.
.
1943
record
enough
built
Irvin
in
This
Works
of this
corporation, near Pittsburgh,' Pa.,
offensive in January
by setting a pew
monthly .production and shipment of ship plates,
for more than 75 large tank landing ships of the
type being
the Pittsburgh District.
' - /.
its
world's
U.
S.
conversion
production
for
to
Steel
plant, in
plate
production,
■
shares
11,000
D.
huge
began
of
$5
shares
par
of
stock
common
such' stock,
as
of
127.
In
January,
mated
operating
capacity,
plates
the
to
at
mill's
supply
less
August,
than
tonnage
the
than
established
better
five
the
200%
exceeded
requirements
months
former
of
its
the
of
after
world's
earlier
three
its
record.
originally
esti¬
mark
modern
by
Navy
'
1942
$2,610,389
,
operation
$4 193 538
'
* '
—
,
1941
$1,790,071
,
1940
' -
•
$1,427,192
53,441
55,266
68,948
$2,663,829
——
$1,845,337
In
mill
addition
turned
tinning
heat
line
to
out
the
heavy gauge
large
product,
quantities
in operation
there
of
and
tin
treating and finishing of cartridge
deck plates.—V. 157, p, 7,
this big
plate
also
on
Pittsburgh
the
expanded
cases,
armor
District
new
electronic
activity in tho
piercing shot and
its
$1,496,140
special
-.
Interest
103,797
Provision
Minority
Divs,
for
for
for
Prov.
A
in
bank,
$12,011; .interest and dividends
receivable,
investments in securities at cost (approximate market value
$3 564,015),
$4 156,859; prepaid expenses and deferred charges
$312*
no
from
to
Net. income
♦After
deducting
^.stbek ',tax.„
$363,815
3,468
6,884
of
18.2%.
months
to
There
taxes
and
Corp.
(&
Sub.)—Annual Report—
Statement for Fiscal Year Ended Oct,
21, 15)42(less returned sales)
$19,339,655
Income
and sales
—
secured
shares—
holders
of
626,000
340,200
Cost of
completed contracts and
32,878
34,180
Selling,
administrative and general
$777,564
522,196
—
the
$570,570
490,284
.
$526,446
preference shares has been
408,570
called
resolution consenting to the issuance of deben¬
obligations.
Directors are of the opinion that the
pass
a
restrictions on the issuance of debentures are no longer
appropriate having regard among other things to the fact that in
the post-war
period company will require to build a new plant' in
Ottawa to replace the brewery expropriated by the Dominion Govern¬
ment
and
also
to
make
major additions and improvements to its
present
other
Carrier
Consolidated
Completed contracts
43,932
the
of
to
471,807
1,194,000
preference
29
123,508
491,805
Provincial
interests
meeting
Mar,
tures
and
124,083
'■541,536
deprec.—
Federal
profits—
on
Sheet, Dec. 31, 1942
Assets—Cash
$24 356;
total,
the
Taxes
.
stated
Net
.'
1,942—
Balance
——
there
war
1,956,741
$648,585
profits
accounts
three
income
—-
....
1942
security
Balance,
'$645,117
7,243
8,150
„
_
paid
Surplus at Dec.
X—
;
surplus
Dividends
u
$177,857
————
1942
Adjustment of prior year taxes etc
brought down to something like the
shareholders
*
'Other. :expenses'i>^«ii.
2,634,124
(931,435
above
Total- income —
;
Surplus income at Jan. 1,
~
income tax——
be
to
the
unpredictable
earned
-
ment
$4,954,680
6,104
provision
Years Ended Oct. 31—
$201,185
for accrued Federal
after
$6,019,000
518.
Balance
$478,810
income'of. the
whose
subject
are
shares at a
three years the
past
of
Compensation
."
'
Canadian Breweries Ltd. (& Subs.)-* -Earnings—■
1942
securities—
income
before distribution
with
the
but fixed
they were when dividends were last paid
should
that
Ordinary Div.-—
on
the ordinary
on
"During
has been substantially; reduced,
dividends
Total
1939
".$5,541,692
2,730,816
V*7
2,165,759
$471,566%
.
/
is
*264,316.
*583,681
destroyers.
Deductions
Provision
these
mind
Action
dividend
a
and stated;
8,
company
that
Interest
y*_
&
excess
exchange rates.
Property Trust—Earnings—
Account,
Feb.
on
p.
Net loss on
124
Dominion
the
*149,448
*482,468
,
,
a
157,
enough
Boston Personal
.
Net. income
1940
1941'
.
1,861
■
—
tax
$45,008
net
Dec.
——————
inc.
approximately
(3)
Net
*486,216
.10 Days End. Jan. 31—
.Cash
-I
,
$551,889
and
The
and
99,497
—
;
respective amounts
sidiary,
147,008
236,122
312,082
———
——;
items ———
'
2,899,694
$1,481,588
for the three months ended Dec.
4,330
X'
X——XX'-
bonds-———
on
Dividends
*116,670
7.
p.
Subs.)—Earnings—
3,228,672
$70,434.
236,797
rentals—,—XX;X
*268,590
157,
;1
-
(incl.
etc.)
Federal
$654,640,
$2,586,718
—
*65,480
1,014,422
,••••**<♦».•
■
$1,483,449
Can,
Not'cs—(1)
1942
$3,224,370
_•
—
(&
$6,599,933
—
Federal
est.
of
cludes
;x%
Ry.—Earnings-
Month of December
'
.
2,372,867
income
paid,
♦Includes
of
Total
v 1942
income
Net
output was 33,714,000 kwh., an increase
the corresponding week last year.—V. 157,
with
*50,906
1,155,921
may
$7,868,128
."",y 1
4,610,811
expenses—
deducts,
Dom.
33,252,000
ended
.
income
for
Prov.
Edison
.
week
■
6,
Feb.
to
y.:;
Ginger Ale, Inc.
credits—"
interest
*
*47,883
r
Capital Administration
1942
$8,013,013
sold——
operating
Income
Gross
reported
as
kwh.
31,803,000
4.6%.
compared
as
company,
week
the
with
of
preceding
p.' 518.
this
*32,617
io $3,494 per $1,000 of bank debt.
of
Co.—Output Up 4.6%—
system
$79,481
*24,684
1941
Surplus, Dec. 31, 1942——^—..—
in
depreciation
1939
$86,068
.*12,838
the shareholders to conserve the company's resources
face the problems and difficulties of the post-war
strong financial position.".
•
;
The last previous payment was 31*4 cents on April 1, 1932.
1
it
Taxable
$15,264;
1943
•
$8,465,266
admin.'
Income
Boston
'.•■'/.y,-.
4'...
.
""y-
sales
&
$5,355,549
518.
p.
repurchased,
capital, stock
Adv., sell., distrib. & gen.
(After reserve for depreciation of $1,682,220
in 1941.
1942,; $1,609,749
$228,998
doubtful
for
reserve
1S42 and $38,216
in
$6,011,467
1940
$144,918
"36,358.
1,400,6.99
interests
period
r
.
in* bank, $75,945;' dividends;
prepaid, franchise, tax, $253;
$5,772;
own
.*'
;
Dry
cost of goods
Vermont—Earnings-
$101,415
-—--
Chicago—January Sales Up—"
3 Mos. End. Dec. 31—
Net
856,075
.■
518.
p.
114,760
*72,471
,At-. Dec. 31,
•'
"
for
Brothers,
Canada
199,154
Earned
U—'
157,
435,867
501,497
1,415,503
felt
level
that
-~V.
-V
purchases-
and
inventories
stock,
68,629
421,271
949,691
697,790
income—*671,124
have in
best
•
1942
!
'
January—
Consolidated gross sales—
$60,421
.v—
1,161,825
1,577,310
-Traffic-.earnings
$3,401;
payable,
Month of
payable
2,110,547
still higher than
are
is
Income
Liabilities—
Accounts
$2,010,889.
Butler
2,323,749
1942
readjustment,
•so
,
provision for taxes, $3,087;- dividends pay¬
able, $2,522; capital stock ($1 par), $136,543; capital surplus, $1,585,997; earned surplus, $264,075; total, $2,010,8891—-y,157, p. 216.
*,.;
928,251
$6,011,467
,
accrued,
interest
and
Liabilities—Payable
accounts
948,462
,
X.—————X-X-——XX.:
'
2,848,324
—
credit——
equipment—
refund
tax
receivable
768,195
2.982,780
^expenses of transportation companies and they feel
■' y ■ ■yy■"
*
$1,928,918;' cash
Assets—Investments,
200,160
1,237,545
—u_——_
it
of
>
*, ..*
*
65,645
3,743,434
128.
oper,
charges
tors
.17,409
-
.
:
income—.
122,023
..
,
bution.
$373,312
——li-
B_!Ai
—.
of
profits
buildings,
i
—■
*
receivable
—————
excess
Deferred
hand
on
notes
value
Surrender
Post-war
and
ry.
and
•«
banks
Cash
railway„.;-i^_
p.
increased
19,051
15-.429,..:
'
'
•
5,133,375
y funded debt of the
$87,879
$97,894
$80,455
Dividends on capital stock—-j.-—- - •;
101,688
8^,225 ' *• 61,257
♦Excluding security profits-and losses.
(Includes $252 net cash pro¬
ceeds from sale of
a
security received as a taxable dividend distri¬
(The) Boss Mfg. Co. (& Subs.)—Balance Sheet Nov. 30
$695,303
lor
*Net
.
Assets—
1._i—;.*/*.
Provision
share
per
94,946
176,330
•
from
1940
t$97,864
$116,945
1939
75,519
income_—
changed from $64
1941
:
$106,108
Expenses
cents
40
-:
1940
1941
$305,920
The directors voted against
..
0.;«:,/■(
1942
Years Ended Dec. 31—
Maine—Earnings-
222,257
meeting held
share has been declared on,the* common
per
in
Canadian Pacific Ry.—No
,•
156,
Co.—45-Cent Common Dividend—
cents
45
the
deprecia¬
investments
and
159,342
♦Deficit.—V.
similar
of 1942,
X
with
for
reserves
%
from
former
-v
connection
(less
properties
$363,319
-railway——
from, railway——„
Net
the
Forge
assets
.
original
loans previously, made
and
From Jan. 1—
down. to
Act
beer
$468,831
oper.
157,
Gross
to
to holders of record March 18,
2, last, and on April 1, July 1,
p.
v *'
,
.
..
provided by the Revenue
as
two
X'■;••.,.
'
1739.
p.
Borg-Warner Corp.—40-Cent Dividend—
directors
-
.
receivable
of
•127,875
railway—
from
railway—
ry. nper, income——
Net
company
its
Income
The
,
in
expenses
sundry
1942
oper. *
ry,
Net
„
the
on
taxes
dividend
A
holders of record
Feb. 10.
Payments during 1942 were as follows: Feb. 16, $1; May 15,
$2; Aug. 15, $1.50; and Nov. 14, $1.—V. 156, p. 1687.
payable
value,
par
the
of
total
payment
Buffalo
stock,
no
1942,"
$5,400,000 from
cents
have
'
■
bills
$403,089
from
Gross
company's, loans outstanding at the end of
1942 from RFC, Federal Reserve. Bank of Philadelphia and associated
banks
of
Philadelphia were reduced to $11,100,000,
compared with
about $15,000,000 last May at the .time the, .company obtained a loan
of $3,900,000 from the RFC and refunded an outstanding balance of
Borden Mfg. Co.—50-Cent Dividend—
stock,
$1,213,695;
par),
and
stocks
secured,
loans,
December—
followed by other corporations,
this
With
expenses
1949.
The directors
order
programs
ments
common
($5
fixed
$7,631,632;
Canadian Pacific Lines in
made an advance payment of
$8,000,000 first mortgage loan
$2,000,000 at end of 1942, dis¬
Philadelphia state.
The reduction, it was. said, was
to obtain the benefit of debt credits in connection With
profits
excess
1943, $30,000; other cur¬
rent liabilities, $97,697; property purchase obligations due after 1943,
$37,500; reserves for contingencies, $1,000,000; 7% cumulative preferred
stock (par $100), $1,530,210; common stock (239,412 shares no par),
$3,141,841; capital surplus, $161,046; earned surplus, $1,083,692;' other
surplus (earned), $1,395,922; total, $10,388,743.—V. 155, p. 2453; V. 156,
308,
Net
for capital stock re¬
for-expenses, taxes, etc.,
surplus, $4,119,879; total,
reserves
and
$76,949;
railway.—railway—:.—-
from
Net
Budd Mfg. Co.—Reduces Indebtedness—
the
from
in
$10,511;
2095.
p.
account
on
brought
made
property purchase'obligations due in
(Richard)
—V,
276,770
payable, ' $50,333; .due
stock
156,
December,
patches
receivable,
accrued,
other taxes
ry,
;
$275,861
$335,038
326,018
81, 1942
Dee.
accounts
railway—„
from
Gross
investments in U. S. Government
investments in- other securities
(at
$225,003;*
retirement,
capital
$2,665,000
which
prepaid
for
(Edward G.)
$750,000; trade accounts payable,
$367,935; accrued payrolls,
banks,
payable,
and
Sheet,
1942
investments, including
$373,759;
$13,215,521.
.From Jan. 1—
$153,437;
banks,
cost),
$5,408,369.—V.
(less reserves for depreciation of $3,291,898),
patents, trade-marks, and goodwill, $1;
and deferred charges, $100,964; total, $10,388,743.
(at
purchased
$1.17
$300,783;
$3,544,267;
in
Liabilities—Dividends
239,412
$3,420,460;
policies,
69,353
:
notes
inventories,
insurance
/, Net
325,216
total,
Net -from
-
$4,956,086; receivable for securities sold, $9,219; dividends re¬
ceivable, etc., $14,292; special deposits for dividends (contra), $50,333;.
total, $5,408,369.
i- •^:
*•
'
1942
$1,314,836;
$1,688,351;
officer's
of
and equipment
buildings,
in
receivable,
accounts
surrender
and
hand
on
Gross
cost),
31, 1938, from an appraisal basis to the basis of depreciated cost.
Sheet, Dec. 81,
$345,215
' 56,228.
' $330,678
245,172
discount
December—
i.
X
%
,
.
$724,101;
accounts),
Canadian Pacific Lines
3,810
$391,266
...
49,415
$251,226
^
Assets—Cash
♦Including Saltex Looms, Inc., to Nov. 10, 1939, date on which bank¬
were instituted.
tThe provision for depreciation of
plant property for the year 1939 was $52,014 (including $53,430 applic¬
able to the Saltex Looms, Inc.).
The reduction of $170,052 in 1939
was
caused largely by the adjustment of the property accounts as of
Balance
'
Balance
ruptcy proceeding
Consolidated
•■'■.'V
',
49,705
income
Net
—,
$741,714
121,721
239,412
$2.69
239,412
•
.468
•
t
Dividends
Total
1.
11,561
$380,093
.
31,
$341,800;
accounts payable and
accrued liabilities, $878,614; income taxes accrued, $1,327,647;
deben¬
tures, secured by first mortgage, $1,375,000; minority interest in. sub¬
sidiary company, $790,933; $3.40 cumulative sinking fund convertible
preference shares'(163,428 shares, no par), $3,887,843; common* shares
(675,195 shares, no par), $1,026,214; capital surplus, $1,763,359; dis¬
tributable surplus, $1,824,110; total, $13,215,521.—V. 156, p. 955.
.
Total
Oct.
$340,937
,
15,390
.
of
$2,892,722),
Liabilities—Bank
$570,757-
—$1,523,155
v
33,832
profit
Operating
on
of
1939
1940
$379,706
■
4,843-..
5,620
-
—
Taxable
*1939
1942
$284,663
Sheet,
bank, $241,094;
$3,156,107; prepaid expenses, $70,283; refund¬
profits tax, $63,000; deferred charges, including
of excess
debentures,
of
$878,595;
per
holders
Street Investing Corp.—Earnings-—
—
pp.
cents
40
to
■
,
dividends——i.—
Interest
1940
$2,587,751
679,874
240,529
$2,326,234
558,785
244,294
—
Expenses
Dec.
of
Mar.1
1942 were as follows: Mar. 2, 60
Sept.' 1 and Dec. 1, 40 cents' each.—■
during
Calendar Years—
$1.75.-
1942
Shs.
dividend
payable
doubtful
balance
of
tion
previous
Consolidated
Fed.
$5,
In
companies,
for
reserve
able, portion
'
interim
an
par
brewing
Balance
and
supplies, and containers,
Bristol-Myers Co.—40-Cent Interim Dividend—
of
in
hand
on
,
,
.
4,324,966
$21,987
charges.—V. 156,
Assets—Cash
1942—12 Mos.—1941
'
—
—
—
profit
Consolidated
Ry,—Earnings—
'
1942—3 Mos.—1941
Monday, February 15, 1943
properties.
Net
Other
Total
Other
income
taxi and
Net
for
income
tax,
surtax and
233 135
excess
profits
^
~
'
1,395 000
year!
$541 564
share
depreciation
2!g84!633
"$FobTl96
162'503
—169^699
—
income
;
S1 33
405,676 shares of common
Note—The
2
contingencies
for
~
—
—
—
per
—
—
—
Federal
tax
♦Earnings
♦On
——_—
charges
Provision
14i647'826
expenses—:,
profit— -——X_—
operating
income
sales
for
the
stock.
year
1942
amounted
to
$400,666.
Volume
S.
tax
deposits !' "in-
anticipation
for: doubtful
ance
374,567;
(less
$83,141),
and
expenses
1943
<
of,, $2,517,186.
>
hand,
-on
;etc.,f. the
$454,334;
which
accounts receivable (less allow¬
$52,419), $3,755,173; inventories, $5,-;
$500,000;
notes,
oF
accounts
investments,;
etc.
■
(less
deferred
.This
allow-'
charges,.
$185,652;
design,
patents,
.
etc,,
for
int.
&-exps.,
Federal
income
$1;
provision
excess
1
Carriers' &
Total net
tations
cash
Interest
earned
Common
value
of
of
the
on
65
assets
at
5.76(4
capital
739;
at
total,.
accounted
market,
.
cash,
etc;,
portfolio
1942,
securities
added
and
•
-
were.
during
As
of
that
Dec.
stock,
in
31,
period.
Investment
1942,
in
six
$804,314
1941.
Sheet,. Dec.
31,
after
charges
all
It
1942
or
stock,
$3,500,0007
preferred
$9,812,360.—V. 156,
issues
of
this
Pa.
•
.
that Municipal
is
or
about
company.—V.
Cleveland Tractor
p.
.7 7
7
,
the
to
Authority of Westmoreland County,
all of
acquire
129,
15,
1943
Fund,
Inc.—Share
industry
result
a
standing
of
the
to
changing
1,002,107,
increase
in
Value
Asset
effort.
war
the
"
company's
18
net
asset
asset
or
share
equivalent to
at
Up
1,
1945,
101 (4
and
10-year
5%
have been
interest,
convertible sinking
-
fund deben¬
(for redemption as of March
called
Payment
fiscal
Divs.
7
7
Years—
the
value
a
net
per cent.
7
:
value
in
the
7."'
•
share
per
$7.54,
of
nine-month
1940
$8,200,293
884
100
273
$6,330,353
$7,948,773
3,200,393
$8,242,923
369,313
295,640
13,298
17,998
10,307
$5,937,256
$7,561,462
$7,894,446
$8,022,927
5,931,740
7,559,477
7,894,551
8,021,675
$1,985
t$105
7^422^.
Expenses
Net
decreased.
J-'
7'7: ; (v;
the net asset value of the corporation's com¬
of pricing securities at market quotation and
•
excluding unamortized debenture discount' and expense, was $5.29 per
share as
compared with $4.82 per share at Dec. 31,
1941.
After
giving effect to changes in capitalization, the aggregate net assets of
the corporation increased during- the year by $268,275 or 5.84:4,
'7/'.
(•Including
Income,
cash
Dividend
Int.
U. S.
on
7.77
1942—3 Mos.—1941
dividends
ree'd
in
$103,377
stock
7)
7
.
Co.
obligations
6,970
121
Co.
in
franchise
and
to
1860.
7
,
1939
$8,242,650
209,823
'
10,173
$1,252
'
V
fDeficit.
of
The
Coca-Cola
par), $3,605,760; class A stock of The Coca-
of
no
par),
$896,760;
total,
$4,892,394.
(180.288
no
par
shares),
$3,605,760;
par shares),
$896,760; reserve for Federal
$378,974; surplus at Dec. 31, 1941, $5,384;
year
1942,
$5,516;
total, $4,892,394.—V.
156,
no
surtax,
surplus,
vf,..;
•'
'
'v-1--'-
'
■
■
15,620
:
^22—
Columbia
'
.
31, 15)42
stock
common
stock
stock1 (89,676
tax
addition
p.
no
tax.
Condition, Dec.
$389,874;
(179,352 shares
A
income
of
bank,
Liabilities—Common
class
$305,705
1
121
.
„
Delaware
(1,442,304 shares of
Cola
1942—9 Mos.—1941
$271,750
15,620
$5,516.'
$825
Assets—Cash
7 7
7
$134,975
7;7
6,970
-
Statement
...
Income Account for Stated Periods
Period End. Dec. 31—
;
paid
Balance—surplus
/.777'
'
■
,
2!
income
Dividends
12
7
1941
$7,947,789
The
of
Cleve¬
199
income
Total 7
period was
7
7 7:
•'
:.
The
at
379,799
Other
■
from
made
Corp.-—Earnings—
1942
Coca-Cola Co,. $6,330,154
rec.
•Taxes
year
be
at the
or,
Coca-Cola International
18%—
v
,
will
Co.p trustee, East Ninth St. and Euclid Ave., ' Cleveland,
option of the holder of any debentures, at the Guar¬
anty Trust Co., 140 Broadway, New York, N. Y.—V.
157, p. 217.
Due to the change in the fiscal
year the company paid five divi¬
dends in the calendar year
1942, aggregating 45 cents per share, instead
the customary four. v.777 7
increased
works prop¬
water
Trust
Ohio,
of the Fund om Dec;. 31, taking securities at market
totaled $9,123,792 and number of shares outstanding 1,023,531,
net asset value.per share of $8.91.
)7'7
77,
'
a
the
3961.
p.
Co.—Debentures Called—
outstanding
tures, due Nov.
7;, ,77
■
of
land
months ending March 31 to the calendar year, the
present report covers
a nine months
period.
On March 31, 1942, the end of the preceding
fiscal year, net assets totaled $7,556,426 and number of shares out¬
for
was
chemical
As
...
net
accounted
acquired
All
stock,
$500,000;
patents, $50,000;
surplus, $2,633,-
taxes, $2,578,229;
1860.
/iv-'V.
■'
,.
^
of
announced
has
erties
',
•
Philadelphia,
was
Pa.,
value,
deben¬
57c
'•••
85.38%
for
stocks
Preferred
three
•
the basis
on
1942.
of
in
../Net, assets
quo¬
(including U. S. Government obligations! 2.64(4
net "6;32'4 ," During the six months ending Dec. 31,
revisions involving
29
securities
were
made,
Five
completely eliminated and- 15 securities were newly
investment
mon
Dec, 31,
on
at par and interest.
Payment will be made" at the office of The
Pennsylvania Company for Insurances on Lives and Granting Annuities,
Showing the highest total of. net assets, and the largest number of
outstanding shares, ever reported, the annual report for the fiscal
period ended Dec. 31, 1942, comments upon the vital importance of
of assets, bonds
and
total,
Chemical
the
market
outstanding
.7. .7.:■;*
■
1943,
Calendar
7
1942r of which $4,632,787
and
$242,521
represented
corporation's
corporations
taxes,'
$502,659
trustee,
profit
accounts payable,' $428,272; deferred accounts
payable:
accrued wages, $122,119; reserve for
surplus,
$877,566;
securities
31,
investments
2.7' times.
stocks
with
Dec.
on
to
and
Liabilities—Common
Corp.—Annual HfepOrt—,
corporation
$4,940,114
market
banks.
in
tures was
the
of
to
for
reserve
amounted
$225,060.
$1,038,872
of
Balance
•
and
account
of
,
1147.
p.
General
assets
amounted
represented
•
156,
'
-
net
a
taxes
dividends
refund
601
'
tomers, $476,435; capital stock (par $1), $405,676;
$3,457,403;
earned
surplus
(Since Aug.
1,
1938),
$12,075,009.—V.
with
of
the .surplus
tax
buildings, $1,743,599; machinery and equipment,
$1,249,369;
buildings and equipment,
amortized,
$545,836;
patents,
$102,147;; U. S. Treasury bonds, $100,000; inventory,' $2,946,771; cash,
$572,9307;accounts receivable, $2,250,262; deferred accounts receivable;
patent license, $20,000; deferred
assets, $56,386; post war refund:
excess profit
tax, $225,060; total, $9,812,360.
payable,
$281,131;
and
'
•..
Assets—Land
$1,454,570;1 accrued wages, , commis¬
for taxes, $221,018; provision
profits taxes and for tax contingencies,
$1,820,284; deposits and billings in advance of shipping dates, $739,315;
provision -for estimated- additional : costs on uncompleted contracts,
$135,000; provision for additional costs and possible future expenses
on
completed- contracts and sales, $367,611; 10-year 4>/2% convertible
sinking fund debentures, due Oct. 1, 1948, $1,839,000; billings to cus¬
sions,
payment
post-war
compares
,7.
("'VyV
$12,075,009,
; Liabilities—Accounts
After
addition-to
net
includes
including Federal
$52,868; land, buildings, machinery .and .equipment.
for
depreciation
of
$974,095),
$1,571,657;
prepaid
allowance
total,
Oct,. 31,
banks--and!'cash
$180,757;? miscellaneous
cash,
of
ance
Sheet,
Balance
Consolidated
Assets—Demand
LT.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
Broadcasting System, Inc.—30-Cent Div.—
•
"7,;
Income
Account
for
Calendar
1942
Cash
dividends..
Interest;
Total
$322,719
sees.I
of
504
10,293
$110,469
32,291
•
6,319
-♦Net
9,125
4,005
$333,165
$338,826
$337,017
7747,695
60,116
56,522
,; 6,959
income
Int.
5%
on
amort,
•
Prov.
$90,113
gain
loss
or
103,662
tax
111,160
:7 6,569
—
:i:
$166,451
212,138
83.760
118,779
receivable
and
$6,601,548;
interest
accrued,
unamortized
$78,819.17
total,
securities.
basis.
deposit
on
with
custodian,
accrued
.
expense),
h
$80,708; %•
$4,944,289
Castle
Co.—Earnings—•
&
.L.
$557,827
$2.32
•After depreciation, Federal income and excess
240,000 shares of capital stock.~?~V. 156, p, 2216.
Central
Co.—New
Barges
Net
$1,000,720.
$4.17
^-V.
fOn"
have
declared
dividend
a
$1.80
of
per
share
and
Net
by certificates of beneficial interest, both payable March 15 to holders
15.
•
„
'
"
'
'
'
•
-
'
Provision
Net
Div.
Chatta¬
nooga Division
purchase money mortgage 4% gold bonds, due 1951,
5 now being
paid.
Interest is payable at office of Citizens & Southern
rational Bank, Savannah, Ga.—V. 157, p. 518.
interest
due
June 1,
1933,
on
Central
of Georgia
Ry.
notes
Net,
Century Shares Trust—Annual Report—
The
company
jjuivaleht' 6f $24.52
er
share
expenses-.
Income Account for
Calendar Years
cash dividends and interest
from
ncome
Ixpenses
23,083
$591,618
>
33,750
:
♦
(3,049,800
Investment income
let
loss
•.
on
sale of
"Note—The
irofits
or
above
losses
on
,securities__.._-____r___r_-7.
not (include
investments.
.Balance
.
does
statement
:
y
■
.■
'541,783'
565,116
.
realized
or,
.15,503
^
)
.
unrealized.,
(
„
shares),
536.257
■
\
Sheet, Dec. 81, 1942
e
.
^
.
1,010,291
1
19,444
filed
783,874
of
plus,
tax-savings-notes,
ecrueel
total,
accrued dividends receivable; $169,797;
accounts receivable for shares sold,.
$30,000;
receivable,
interest
17,593;
$333;
$16,172,740.
Liabilities—Accounts
.ccrued expenses,
;
payable
$3,287;
v_
%•:
'v
30,
U.
S.
investments
for
purchased,
$49,166;-
accrued Federal normal income tax. and s\ir-
other taxes accrued, $596; reserve for dividend payable,,
i'eb. 1, 1943, $290,002;- capital accounts
($1 par), $15,793,836; amount^
.vailable for distribution, $2,103; total, $16.172,740,—V. 157, p. 342.
ax,
$33,750;
19,897,500
20,175,000
:
Citizens
;
Joseph.
of
first
Period
End.'Dec. 31—
•Earnings—
1942—3 Mos.—1941
1948,
stocks:
v/;: Upon
and
its
tributed
$75.50
1941
$131.14
and
having
$132.94
for
E.
total,
Federal
Vir.
St.
stock.
poration,- and
I.
Pont
du
series,
de
$700,320;
Nemours
Co.
&
owned
Stock,
income
subsidiary)
1942—12 Mos.—1941
'
3,509
3,571
have
decided
$16,216
$16,168
taxes—;»
1,360
1,328
$5,455
$5,712
and
'»•*
income
Balance
Sheet,
Dec.
31,
payable,
$35,000;
reserve
for
The
taxes,
$839;
reserve
dividends on preferred stock, $14,267; preferred stock
(no par), $98,775; common stock <10 cents par), $10,000; capital sur-'
plus, $158,996; current surplus, $4,146; total, $322,024.—V. 156, p. 1860.
for
one
date
next
1942
Assets—Cash, $7,040; investments at cost, $314,931; interest prepaid,$53; total. $322,024.
' '
'
'Liabilities—Notes
"Under
..
year's
the
payable
tax
2,
1943,
liability for
(no
excess
Jan.
v
of
of
the
upon
20-year
dated
bonds
of
the
sale
received
available
accept
for
all
of
issue
will
offers
any
an
Arizona
Co.,
Delaware
a
?
.
reports a net profit for the year ended Dec. 31,
1942'
of $638,415
after a normal depreciation charge of $181,352 and a
reserve for amortization of war facilities of $159,793 and Federal taxes
company
the
trust
known
holders
exhaust
retirement of
to
call
the
of
Due
to
A
A,
be
will
indenture
securing
to
only
accrue
by
the
from
City
for
fact
money
on-
bonds,
these
we
payment
these
and
after
National
Chicago, 111."—V.
1,
$920,000 first mortgage 5%
&
electric
and
per
Secretary
or
4,
for
of
energy
general
Feb.
business
1943,
the
this
of
subsidiaries
conditions
amounted
to
corresponding
16.65%,—V.
Power
them
157,
of
235,-
week
in
519.
p.
Co.—Files
to
comply
Community's assets
539,000
of
and
Simplification
with
have
voluntary plan
Public Utility
the
of
class
cents
consisted
$10,597
shares
of
50
its
B
per
of
34,250
shares
Its outstanding
(non-voting) common.
cash.
in
class
A
(voting) common
share,
.v.'. :;"-i
stock,
both
stockholders.
endeaver
Birmingham
par
(Fla.)
of
during
,
In
$25,
to
sell
(Ala.)
Gas
40
cents
payable
1942
to
non-affiliated
Gas
Co.,
interests,
Savannah
(Ga.)
Co.;
Bangor (Me.) Gas Co.
application states that it
all
Gas
and
its;
Co.,
Lowell
1235.
15
in
share has
per
March
were
15
to
and Dec.
15,
General
been
holders
follows:
as
40 cents
Life
declared
of
March
public
its
78th
all departments
operation.
In a
each.—V.
of
its
statement
business
to
the
Feb.
June
common
25.
15,
,
Pay¬
50
cents
157, p. 439.
Insurance
annual
message
on
record
and
14
Co.—Annual
\v ', -.v
making
wartime
the
during
/:
■
v:
reports
company
the
policyholders
first
and
year
the
of
general
public Frazar B. Wilde, President, made the point that no one
person
--no one part of our
economy—is essential to the exclusion of others
in
the
winning
"This
above
the
bonds,
the
1,
the
1943.
indenture is $102.50
cease
made
the outstanding
due Jan.
ended
201,832,378
shares
to
will
dividend
is
war
is
the
of
Apr.
Bank
1,
&
1943.:
Trust
157, p. 519.
and
war.
1953, have been called for redemption as of March
10,
producer'
gasoline,
Mr.
it
whether
banker
a
said
is in
and
it
Wilde,
must
is
raising
a
"and
help.
the
essence
of
a
The contribution
housewife
conserving
total
the
of
her
food
war
During
1942 new business of
the
company
reached an
all
time
high of $417,857,642 which includes an increase of
$223,357,746 of
group business on old cases as a result of increased
employment due
the
to
In
war.
1941
the
total
new
business
was
included
$109,380,152 of group business from old
$275,487,372 was reached in 1929.
Payments to policyholders and beneficiaries since
high
to
of
$199,991,362
rose
bonds,
which
previous
organization, amount
$208,451,270 was paid to living policyholders
paid to beneficiaries.
Payments to policyholders
during 1942 amounted to $27,167,506 as compared
which
in
1941.
nearly
these assets,
fied
The
was
beneficiaries
$26,402,748
Assets
Of
$222,574,922
cases.
of
$408,442,632
and
and
gold bonds, series
war,"
everyone
funds, or an insurance company
buying Government bonds and building civilian morale is a
vital
part of the total effort.
Collectively we are all essential to achieve
complete victory and enduring peace."
to
Called, etc.
total
a
that
'indirect
the
Citizens Water Co. of Scottdale, Pa.—Bonds
of
the
-
bonds.
not
but
corpora¬
interest.
of Chicago, 208 La Salle St.,
All
at
cents
be
1942.—V. 156,
Corp.—Weekly Output—
of
show
to
American
of
kind
.
in
Augustine
gains
of
cor¬
':
in
Report—
.
con¬
Series
Chapman Valve Manufacturing Co.—Annual Report—
The
will
14.593
16,
Act.
of
Connecticut
holders
Wk'%)
Foreign
Corp.,
their
would
the
and
to
2
issue.
in the
accrued
this
"Payment
Co.,
output
week
with
1942,
value
each; and Sept.
,
Citizens Utilities
" ?'•.' ■ .'.V'
for
Feb.
per $100 par value of
The company is publishing notice of
call and will deposit with the trustee, City National Bank & Trust Co.of Chicago,, 111., a sufficient amount to pay the call price with interest
to Apr. 1,
1943, at the rate of 5V2',v' per annum;
Interest on all
plus
Southern
enable
110,000
stock,
-
which the company may call this issue is Apr.
price provided
bonds,
the
to
30,
par
ments
1st
of
Issue
4-5(originally
Territorial
Consolidated
requested
we
of
terms
Entire
notice
a
States
tenders
to
not
the
Retire
■
in
Utilities
offers
trustee
balance
entire
Net
United
1943,
amount
with
$19,725
penses
the
hand
$7,040
Co.—To
assumed-by
8,
with
Feb.
Community Public Service Co.—40-Cent Dividend—
.
'
Public
submit
$19,738
$6,815
income
that
to
Group)
on
Vice-President
p.
(7,460
non-voting preferred stock
common
stock ($100 par), $15,000,000; sur¬
$51,716,842.—V, 156, p. 956.
tion,. says:
Jan.
Oil
compares
(Mass.) Gas Light Co.
The
is
expected
such sales will produce-not less, in the
aggregate, than $4,000,000.
Proceeds of the sales will be first
applied to the payment of the
indebtedness of American to the
Minneapolis Gas Light Co. and the
Jacksonville
Gas
Co.
represented
by
certificates
of
Indebtedness.*
After that step
American debentures will be retired to the extent
that funds will permit.—-V.
156,
cumulative
President,
bonds,
by
Standard
This
authorization by its stockholders, Community will be dissolved
common
stockholdings of American sold for cash or dis¬
American
.
other
preferred
on
1942
$789,867;
Chapman,
gold
Revenue
|Co.—New Vice-President—
hour
Gas
consist
a
holdings
respectively.
.1940,
common
notes—tax
Co.
(wholly
$51,716,842.
Utilities
issued
bonds
____J_
vidend
for
stock
and
t$234,597
1942,
$44,659,257;
mortgage, collateral
vertible
the
in
(Phila.)—Distribution—•
(of
adjusted
compared
Nov,
securities
20,914,979
News-Journal
$20,664,475;
"On
Chain Store Investment Corp.
served
common
t$225,719
Treasury
Mortgage Bonds—
:
per
provided
■("•(•'K-
Assistant
kilowatt
Company
of
As
of
20,680,382
shares' of General Motors
$15,000,000;
par),
ten
increase
an
taxes during 1941.
deducting from the
cent excess profits
the past 19 years, and is in charge of its development
business.—V. 141, p. 3222.
simplification
$20,664,475 $20,454,664 $20,680,382
Liabilities—Dividend
($100
the
taxes,
such
after
$210,000)
share.
Cable
Burden,
•
stock--
June
common
taxes),
1,716,277
$4,350,000
company and its subsidiary, American Gas & Power Co.,
with the Securities and
Exchange Commission a
20,454,664
com.
$846,106;. total,
profits
for
is
The
Assets—Investments, $15,713,643; cash In bank, $241,375; U. S. Treasii-y
G.
as
$209,811
ended
$262,500; (reserve
weeks).
Plan—
7
Balance Sheet, Dec. 31, 1942
The
1942
1942
to
Shares
per
corporation
445,538
$12,374,811 $20,721,781 $20,990,403
1,050,000
1,050,000
1,050,000
V/c;
31
an
the
providing
profits
excess
provided
1771.
cents
weekly
this
territory
companies:
General) Motors
(85,000 shares), $4.187,654; Wilmington Trust Co. (3,605 shares),
Corp.
~
$534,030;
$529,243
•
-
■
L
shares),
$903,592;
Net
iividends
stock,
surplus
$of 5,151
investments
57,588
tax and surtax..-
37,290
,
20,764
789,867
tax.
year—
Assets—Cash,, $419,912;
,
53.127
for Federal jiormal
the
,
1941
•
$616,120
—--
■rovision
fLoss.
-
1942
The
111,900
40,875
.
11,115,000
year
of
p..
after
are
Aug. 15, last, and 20.11 cents
on
commercial
Holding
1
Dec.
and
for
1942, an increase of 33,613,160
24,750
income
per share on
the
•For
1, 1943.
payable Feb.
,
156,
Commercial
of
720
:
stock
in
(53
■
338,066
32,445
32,445
74,600
37,300
—_
tax
adminis.
Jan.
Earnings
]
share, before deducting the dividend of $0.45
per
respect
Trust
19.771
Chester
$13,212,511 $21,793,711 $21,831,011
Federal
increase
"Surplus
reports that the net assets as at Dec. 31, 1942, with
market quotations, amounted to $15,802,890. the
taken at
iveslments
of
stock
;;
-share)
per
(equivalent
1942
$94
stock
income for
Surplus,
"
1940
338,066
32,445
used
distribution—Pfd.
Common
income
above,
$3,800,000
provision
(amounting
1942.—V.
Combined
4
$471,600
$21,348,600 $21 ,348,600
180,302
"
ay—Interest—
Central of Georgia Railway-
shown
Commonwealth &
income
for
v\-V
ended Jan. 3,
year
.
Corp
Trust Go
capital
Miscellaneous
156, p. 250.
The
in
credit
fiscal
and
being made by certified
net
earnings for the
now
consolidated
both years are calculated upon
stock presently outstanding.
as
the
tax
Community
•Federal
cents each;
-vv'.
col..
on
-
sale
on
30
4,
1942
the company for
Motors
Total
•
liquidating dividend of $10 per share
-V.
received
stocks:
profit
"
initial dividend of $2 per share and a
were made on these certificates.
last year, an
15,
Sept.
38,392
1941
du Pont de Nemours & Co.$12,96l,650
Interest on-tax
liquidating dividend of $5 per share on the preferred stock, represented
the
Federal
over
share paid
of
1942
The News-Journal Co.
,
Sept.
per
value,
company, an affiliate of International Telephone & Telegraph
Corp.,
has been elected Vice-President.
Mr. Burden has been associated with
Income—Dividends
a
cents
par
$509,991
$437,910
Wilmington
30
$2.50
value
par
earnings;
payable
rate
11,138
Christiana Securities Co-
I.
for
$2.50
$4,350,000
the
$498,853
$477,771
of
of
Payments during
$4,100,000 (equivalent to $2.39
consolidated net earnings of $4,804,700
with
1942
of
the
Combined Trust Shares
155, p. 2364.
common
and
19.
cents)yV':,"?■:
'
10,766
Years Ended Dec. 31—
Truax-Traer
5
dividend
stock
B
Feb.
Upon presentation on and after Feb. 15 at the Fidelity-Philadelphia
Co., trustee, Philadelphia, Pa., or. at the holder's option, at
the First National
Bank, Chicago, 111., the coupons then payable on
19,886
201,639
$467,005
;
June
class
Trust
.
.
record Feb.
:
.
Central Coal & Coke Corp.—Liquidating Dividend—
On
V
6,
indicate
for
$550,000
P.
income
General
of
211,513
income
E.
directors
1
March
share)
estimated
of
504,376
260,408
39,861
-
Control—See
Gross
Coal Co.
The
for
The
3,096,410
569,584
-
profits taxes.
.
.
•
1942—12 Mos.—1941
$362,285
$1.51
$252,801
$1.05
profit
share
Mos.—1941
1942—3
of
The
$4,331,039
3.445,653
interest
record
earnings
share
shares
Act
1941
State, local and misc. Fed. taxes
Federal income taxes'.
j;.
purchased,
securities
and
approximately
per
post-war
1942
operating
revenues
Operating expenses
be
compared
$2.80
Per
V'
$7,368;
Period End. Dec. 31—
per
■
Sept. 30—
cash
a
A
of
accountants,
to
year
from
'
Total
(including
-
tEarnings;
receivable
Chicago Motor Coach Co.—Earnings—
9 Months Ended
dividends,
declared
Preliminaty figures, subject to the audit
taxes
charges
deferred
discount
and
for
*
.■
9
class
holders
to
year-end of. 60
a
public
stock, $55,945; dividends and interest receivable, $20,investments, substantially all in common stocks, $9,342,574; total,
$2,211; ac-.
Excess profits
tax..t_r__,i_
on
5%/.debentures, .etc., $21,530;,. 7
15-year 5% debentures, due Nov. ,1, 1950,7 *'. " Net
earnings from operations„_i___
$1,872,000.; common stock (par $1>, $564,692; balance of capital sur¬
Other
income '
plus, $4,472,182; total, $6,939,983.—V, 156, p. 2216.
V
1; '
.
•Net
$Loss.
$540,207;
5
Preliminary Earnings for 1942—
to
t
$15,206;
'
provision for taxes.
(A. M.)
!;
of
Liabilities—Accounts payable and accrued
expenses and taxes, $17,431;
($1 par), $1,071,290; paid-in
surplus, $9,291,645; undis¬
tributed
income,
$610;
treasury
stock
(37,459
shares), Dr$421,598;
total, $9,959,378.—V, 156, p. 2216.
.V
.■
75,310
'
•
$242,521;
_
payable,
sale
,
In banks,
cash
debenture
$6,939,983.
1 Liabilities—Accounts .payable
counts
fOn
4,
Feb.
on
present
follows:
as
Dec.
as
Balance, at Dec. 31, 1942
,
Assets—Investments,
$40,058
capital stock
505,565
•Exclusive of security profits and losses.
:
portfolio
were
$277,667
3,553
Balance Sheet, Dec. 81, 1942
$9,959,378.
3,149
$129,940
•
102,561
127,389
(7
127,114
—
1,395
'$167,339
,
"
V
of
$231,747
;:;
the
on
payable March
651;
110,750
111,761
1,100
$175,239
sale of sees,
on
Dividends
sales
on
$27,352
"first-in, .first-out"
on
'
,
Assets—Cash
exp;_'_~;.—
inc.
$134,264.'.
directors
share
sales of capital
income
loss
58,952
dis-
Fed.
for
43,658
16,632
$302,791
77
and
deb.
and
♦Net
Net
debs,
of
count
The
$321,325
47,095
income
portfolio securities
Total
$278,841
16,331
gain
•Before
*
Expenses.
$150,595
20,355
$263,542
tNet
form
income
Expenses
1939 7'::
1940
.
divs.
In the
,
Years,
•
7 $329,198
2,241
-
Taxable
1941
$324,606
$33,000,000 in 1942 to a
$169,428,805 or 48% is invested
and
$124,901,303
is
invested
in
total
in well
first
of
$352 781 250,
chosen,'diversi¬
mortgage
liens
on
THE COMMERCIAL & FINANCIAL CHRONICLE
602
Divco-Twin Truck Co,
Holdings of U, S. Government bonds and .FHA Govern¬
guaranteed mortgage loans totaled $96,516,476 (Government bonds,
$41,218,430). This represent an,increase
in these categories giving direct aid to the war of 60%.
In addition
to the high standing of investments which maintains the safety neces¬
sary for a life insurance company, the excess of assets over liabilities
amounts to $22,000,000 made up of surplus, contingency funds and
capital stock.
Insurance in force increased $176,599,696, compared to an Increase
of $89,568,221 in 1941 bringing the total, insurance in force to $1,477,370,615.—V. 155, p. 1406.
estate.
real
Monday/ Februarys 15, 1943
Eastern Utilities Associates
(& Sub.)—Earnings-
ment
Years Ended Oct. 31—
$55,298,046; FHA mortgages,
Net
sales
of
Cost
Sell,
1942
194Q
Period End. De6. 31—
1939
.....
$1,840,424
$4,049,884
$2,517,217
2,839,104
1,749,439
456,052
352,907
313,099
$187,672
18,494
$754,728
$414,871
$260,953
37,681,
29,553
19,162
Taxes
„
Operating profit
Other
income
Total
Patent
The company on Feb. 10 announced that System output of electricity
(electricity generated and purchased) for the week ended Feb. 7, 1943,
to 168,500,000 kwh,, compared with 171,500,000 kwh. for
the corresponding week of 1942, a decrease of 1.7%. Local distribution
of electricity amounted to 158,500,000 kwh., compared with 166,800,000
kwh. for the corresponding week of last year, a decrease of 4.9%,'—
V. 157, p. 519.
gation
sales-—--;—
Net
—V.
1943
$1,446,687;
1942
$1,095,893
>
——.
i,
March
will
the
have
of
company
general
the Consolidation
announced on Feb.
supervision
the
over
company.
Coal
Co.,
tax
.r ■/;
Lynch, Pierce, Fenner & Beane, on Feb. 8 offered after
the close of the market 7,745 shares of 8% cumulative
preferred stock, at a fixed price of 100 net. Dealers' dis¬
count $1.50.—V. 157, p. 8.
—V.
$819,497
157, p.
$966,259
$657,213
225,000
168,750
$488,463
225,000
$0.54
$2.12
$1.54
share.....
per
dividend
the
on
of
payable March 1 to holders of record Feb.
previously reported);
See V. 157, p, 520,
Feb.
25
other
Paint
of
Brushes;
Establishment
of
Domestic
Brush
Dehydrated Paint.
Industry;
V,
Consolidated Income Account, Tears Ended Nov.
V
.
'■
$1942
income.,,!
operating
Discounts
$1,143,426
Interest:
Other
$1,561,852
157,435
1,436
62,936
176,206
2,489
874
0237,344
Crl76,194
370,000
336,998
$1,178,189
about
and
would
about
consume
22,500
■
7%
A
Class B
Shares of
Earnings
144,500
common..__.,i,._,„_,
146,686
common..-,-.,„____-_
45,959
151,869
common
stock—
share
per
.♦
1942
$1,624,169
741,000
$5.03
;
tEarnings per common share.——_—-,——
•Computed
at
the
rate
stock,—V. 155, p. 1509.
■
Ry. operating revenues,
Ry. operating expenses-
9,727
$1.16
^Including the subsidiaries
Wadsworth, Howland &: Co., Inc.; and
Peaslee-Gaulbert Paint & Varnish Co., which were liquidated as of
the close of business Nov. 30, 1942.
■——'
Net
operating
Other income
of 40%.
tOn
$3.57
;
shares
574,528
of
,
Liabilities—Accounts payable,
$652,535; accrued Federal income and
excess
profits, State and other taxes, $551,788; accrued wages, com¬
missions, compensation, and other accruals, $435,208; liability due
after one year, $58,334; reserve for extraordinary obsolescence, and
plant consolidation expenditures, $167,460;. 5% cumulative preferred
stock ($100 par), $2,860,000; class A common stock (117,144 no
par
shares), $3,741,491; class B common stock (34,725 no par shares),
$1,234,006; earned surplus, $1,775,020; capital surplus, $708,545; total,
$12,184,387.—V. 157, p. 40.
-
,
dividend of 50
A
convertible
prior
cents
1942—12 Mos.—1941
on
to
this
the
l.
on
issue on April
extent
22, 1938;
earned.—V.
156,
p.
none
since.
The
stock
is
was
$2,540,273
3,930
45,583
$2,024,642
45,261
$216,963
$212,695
$2,585,856
$2,069,903
—
29.100
35,362
379,573
441,611
95,365
1,183,717
275,000
1,076,108
contingencies.
Prov, for
$81,968
$747,566
,,o
—
—
...
—W—
.
,
$82,555
——...
•Before provision for retirement losses.—V.
•
;
'••
a
'
-
$552,184
cumulative
157, p. 130.
1
Income
Account
(Company Only)
12 Mos. End. Dec, 31—
Pittsburgh, Pa.
expansion,
The
the
earnings
Operation
—
.
:
„
1941
...
$447,247
...
Taxes
unit
station.
consists
of
a
F.
•
tandem
Empire Power Corp. (& Sub.)—Earnings-
V
years Ended Dec. 31—
Interest
coal
is
in
the
an
80%
same
ultimate four-unit power
factor generator
a
power
shaft,
an
the
case
elemental
all
the
850-pound, 900-degree
company's
source
of
production
electricity
of
produced
electric
energy,
at
Phillips
the
station.
"
The
addition
49,060
...
Interest
on
funded debt
Interest
on
unfunded debt.._,.._.
income
55,933
$105,612
etc.
82,500
155
the,
generating unit brings the present rated
capacity of the company up to 624,000 kilowatts.—V. 157, p. 440.
new
.
"
1942
$1,348,159
119,548
accrued..—,
$1,481,621
311,187
292
—;—»—
or
1941
$658,152
823,469
$1,467,706
*797,795
/
—
received
Total
—i/;
Operating expenses. -J—*—
Interest paid
.
—
..
43,334
deductions-,-;
contractual
Net
operating
Losses
2,357
3,013
$667,263
329,135
income.,,,—..
sales of securities—
on
Employees'
services
retirement
premium ;
Net income carried
Divs.
annuity
$1,124,087
71,758
expenses—past
143,780
to
$194,347
$1,052,329
165,540
1,349
—•—.
709,325
1,451,200
taxes amounted to
surplus..;
on
on
pfd. stk. of subs, in hands of public..
stk. of subs, in hands of public..
Divs. on pfd. & partic. stks. of Empire Pr. Corp.
•Provision for taxes, including Federal income
$567,355 in 1942 and ale included above.
,
com,
"
Consolidated Balance Sheet, Dec. 31, 1942
/I;
Assets—Cash, $1,566,713; accounts receivable, $1,389; note receivable,
$1,000; interest and dividends accrued, $650,816; investments, $33,4-
etc.,
$24,050;
payable,
reserves,
stocks held
$139,097; furniture
and" .participating
expenses,
:
$2,113; unclaimed dividends and in¬
$2,616,916; minority interest in com¬
stock and
surplus of subsidiary, $64,376; $6 cumulative preferred
(62,828 shares, no par), $5,820,157; participating stock (340,977
no par), $2,685,194; common stock (400,000 shares, ho pai),
$1,000,000; capital and paid-in surplus, $13,267,586; earned surplus,
mon
stock
shares,
earned surplus reserved for contingencies, $12,000,000;
(minority interest in surplus of subsidiary, $57,206;: elim¬
and losses on securities traded inter-company, etc.,
Cr$99,410; excess of recorded values of stocks owned inter-company
over
the
par
or
stated values thereof, $24,071,337), $24,029,132;
total, $39,938,418.—V. 156, p. 1952,
deductions
Empire State Insurance Co., Watertown,
Changes in Personnel—Results for 1942—
See AgriculturaL Insurance Co. above,—V,
144,
p.
N.
Y.¬
1278.
Erie RR.—ICC
Hearing on Financing Up to C. & O.—
Only Party With Direct Interest in Case, Railroad
Must Lodge Formal Complaint—
11,863
^Whether the Interstate Commerce Commission orders
160
11,900
.
•
$30,321
—
Consolidated Income Account
.
$11,089
(Including Subsidiaries)
1942
Gross
revenues
(including other income)
1941
$1,235,294
12 Mos. End. Dec. 31—
$1,117,091
481,303
48,545
the
on
124,697
132,472
138.579
The
proposed
Income
taxes
:
14,983
$322,561
190,002
188,791
$117,064
94,554
$133,769
94,523
$22,509
:
35,800
$307,065
taxes, State and Federal
C.
income
subsidiary deductions.
Balance
Total
parent company deductions.
Net
income
$14,000,000
financing
by
the
Erie
a
public hearing
RR.
apparently
the future attitude of the Chesapeake & Ohio Ry.
&
•
matter
requests hearings.
So far, C. & O., the only party who has a direct interest in Erie,
has hot asked for hearings.
Commissioner Claude R. Porter, Chairman
of the ICC's finance division, is understood to have sent a message
$39,247
to
the
C,
received
Gross
on
O., as a stockholder of Erie, has made informal protest
to the ICC against the lack of competitive bidding for the $14,000,000
Erie issue, but has not formally requested a hearing.
Under ICC rules of procedure, hearings usually are not held on
financing proposals unless a party who has a direct interest in the
34,963
152,387
The
&
no
fact
O.
asking its position in this respect,
but thus far has
I
response.
that
competitive bids were not sought by Erie in selling
the $14,000,000 of bonds, subject- to ICC approval, has resulted in
several complaints being made to the Commission from other
banking
sources.—V.
157, p. 520.
Famous Flayers Canadian Corp., Ltd.—25-Cent Div.—
'
A
dividend of 25
cents
and unpaid dividends on preferred
Hydro Electric Co., earnings arising
from its operations are not available to the Eastern Minnesota Power
stock, no par value, payable March 1
Payments during 1942 were as follows:
Corp.—V. 156, p. 1862.
Sept. 26, 25 cents each, and Dec. 31, 50 cents.—V. 156, p. 2130.
Note—Because
of
accumulated
shares of the subsidiary, Wisconsin
of
earned
Dividends
turbine, and two boilers.
the
is
As
compound
60,000 kw„
on
issue.
Payments during 1942 were as follows; Jan. 15, $1; and March 2,
Sept. 1 and Nov. 25, 25 cents each.—V. 157, p. 344.
As
Total
completed is the first of
now
It
6,000 kw. house generator
Feb. 5 declared a dividend of 25 cents per share
stock, par $25,. payable March 1 to holders of record
15, last, a distribution of $1 per share was made
on
On Jan.
14,413
from
announces.
Westingr-
41.544
$124,875
82,500
....
Net earnings
General
Phillips
25
June 1,
229,745
13.835
43,200
Maintenance
Depreciation
Depreciation
The site is adequate to allow for considerable future
company
this
on
,
R.
than
more
f,
1942
$457,221
226,252
Gross
Maintenance
away
of
ination of profits
Eastern Minnesota Power Corp.—Earnings—
Net
Duquesne Light Co.—Dedicates Power Station—
The company has dedicated the first unit of the Frank
Station on the Ohio River, less than 30 minutes
common
18.
depends
made
$825,182
$26,487,158;
*Net income
1415.
Power
directors
the
On
Feb.
terest,
$208,765
559,025
initial distribution of 20 cents
work
952,799; Empire Power Corp, preferred
by subsidiary, $3,616,055; organization
and fixtures, $10,549; total, $39,938,418.
4,981,539
1,046,135
105,308
inc..
funded debt,
etc.;
rents,
share has been declared on the 80-cent
stock, no par value, payable March 1 to
An
coordinates the
p. 1772.
$8,052,316
$212,977
—
Deepreciation
per
preferred
holders of record Feb.
whicli
$743,093 $11,204,418
449,149
6,420,762
85,179
2,243,383
Amortization of debt discount and expense,
(W. L.) Douglas Shoe Co.—Resumes Dividend—
Increase
Ely & Walker Dry Goods Co.—25-Cent Common Div,
capital
accounts and notes
,
1942
$2,448,216
\
V
Murray was previously connected with • Westinghouse Electric &
for some 20 years, during the last 14 of which
a member of the
headquarters manufacturing staff at East
Divs.
$1,187,884
607,259
367,648
Sheet, Nov. 30, 1943
Assets—Cash, $3,123,233; obligations of the United States, $277,688;
receivable (net), $2,211,861; inventories of finished
goods, work in process, etc., $3,531,537; miscellaneous investments
and
receivables
(less reserves, $11,688), $124,073; land,, buildings,
machinery and equipment (less reserves for depreciation of $1,843,779),
$2,532,977; deferred charges, $383,018; total, $12,184,387,
1943
$3,273,398
:
Liabilities—Accounts
Interest
f
was
The
$1.54
3,986
profit-
corporate
Gross
.
'
„——
Pittsburgh,
;;;
1942—Month—1941
Taxes
161,188
;
house divisions.—V. 156,
-
62,580
•Including warehousing, shipping, selling and general expenses, and
depreciation of $160,331 in 1942, $183,482 in 1941 and $243,747 in
1940.
tNo liability incurred for excess profits taxes.
Balance
Mr.
he
$883,169
—$2,050,316
profit'
30,570
37,345
520, 440.
V 1941
•1,715,000
Period End. Dec. 31—
154,736
$7.08
Feb. 8.—V.157, pp.
—
Other
:
$3,765,316
78,225
preferred
on
Manufacturing Co.
tons
155, p. 599
Eastern Pipe Line Co. below.—V.
23,362
117,879
preferred
5%
.Class
>
.
Mr; Robinson estimated.
also Panhandle
Profit after charges but before taxes—
Net
—Increase-
appointment of A. F., Murray as Works Manager of this
corporation's plant at Old Greenwich, Conn., was announced on Feb. 4
by Elon V. Ekman, Chairman of the board.
He is
in complete
charge of operations in the former vacuum cleaner plant, which is now
devoted entirely to the manufacture of essential war materials. ,
gas for some
Eastern Massachusetts Street Ry.—Earnings—
Net
income,
Dividends—
;
Inc.—Weekly Input—
of
Electrolux Corp.—New Works Manager—
is also seeking W. P. B. approval for con¬
Panhandle gas into
$3,250,000
$249,920
•
$1,436,229
The
f
East
Crl64,556
f25,229
$909,021
purch., serv, inc., etc._
Federal inc. & excess prof, taxes,,
on
which provides
Federal ' income' .taxes____^_w_^£.--._-.—
78,625
charges
Discounts
See
$366,298
^
22,320
$1,349,847
,
—V. 157, p. 218.
pipe line needed to bring the
new
a
of
cost
of steel,
1940
100,313
sales,.
on
'
of
lines
would
;
77,652
20,552
Edison Brothers Stores, Inc.—January Sales Up—
important war
Eastern Air Lines, Inc.—Earnings-
13,897,176
77,652
Month of January—
Sales
It provides that Panhandle
City.
9 Months Ended Sept. 30—•
$14,263,474
companies
announcement made
total,
.
1941
Co,—
———
V. G. &? E.
C. Wescott, engineering manager, and Harold H. Scaff, comp-.
troller, have been elected Vice-Presidents of Ebasco Services, Inc., the
service, organization of Electric Bond & Share Co., according to; an
Ohio, Mr. Robinson disclosed.
The proposed line
would be a 120-mile line of 2-inch pipe running from Maumee, Ohio,
the
Panhandle
terminus,
to Brecksville, Ohio, near Cleveland.
It
the
30 i
Gross sales, less returns & allow.-.. $16,366,686 $18,008,021
*C0St Of goods sold-—
—u/i- 15,223,260
16,446,169
Net
$807,194;
1934,
Creation
,
$1,536,201
T.
Purchase Contract-
of Kansas
Line Co.
Pipe
East Ohio company
The
of
one
Nov., 1,
since
alleviate a shortage in the supply of gas for the
struction
the country's oldest, has participated in
every
United States war,
including the Revolutionary War.
The
annual report for the year ended Nov. 30, 1942, discloses how it
is playing its part in this, the greatest war of all,
The
annual
report recounts some of company's efforts in this
war
such as:
Development of Synthetic Bristle; Reclamation of Old
company,
$1,448,052
-
700 industrial
concerns
in its area, currently obtains 77% of its gas from Hope
Natural Gas Co. of West Virginia and 23% from Ohio wells,
Sales
of East Ohio on warm summer days have been as low as 50,000,000
cubic feet, the same quantity provided by the new contract, and on
cold days have been approximately 300,000,000 cubic feet daily.
Devoe & Raynolds Co., Inc.—Annual Report—
$117,346
New Vice-Presidents—
(trade), $155,725; accrued wages, taxes
provision for Federal taxes on income,
$36,786;
expenses,
surplus—accumulated
Eastern
as
13,382
$180,140
...—
•.
supply the East Ohio company with 50,000,000 cubic feet of gas daily
from Kansas and Texas at a price of 27.75 Cents delivered at,terminus,
of the Panhandle line near Maumee, Ohio.
'
434,940
13,556
1943
1942
Amount
%
Light Co.—— 172,452
.158,773
13,679
8,6
Electric Power & Light Corp
91,307
75,852
15,455
20.4
National Power & Light Co
124,339
109,096
15,243
14.0
The above figures do not include the system inputs of any companies
not appearing in both periods.-'
$367,732; U. S. Treasury notestax series, $15,000; notes and
accounts receivable (less reserve of
$1,000) $189,651; inventories (less reserve for service parts of $10,000)^
$208,780; prepaid taxes, insurance and other
items, $9,115; Cash
surrender value of life insurance policy, $8,723; inventory of mate¬
rials and work in process, $168,353; property, plant and equipment,
$480,982; patterns (nominal value), $1; total, $1,448,338.
The East Ohio company,
(not
15
$1,984,523
457,550
:
Operating Subsidiaries of—
Balance Sheet, Oct. 31, 1942
..
East Ohio Gas Co.—Gas
.
$1,919,157
435
36,314
American Power &
industry jirea of Cleveland-Akron-Canton-Youngstown, J. French Rob¬
inson, President of East Ohio Gas Co., a subsidiary of Standard Oil
Co, of New Jersey, announced signing of a contract with the Panhandle
share and a like amount on account Of
cumulative preferred stock, declared on Feb. 2, are
both
This
1942, $34,242 in 1941 for amortization of
equipment, and $20,424 in
dies, tools and patterns.
$3,164,293
$1.75 per
7%
$29,354 in 1941 and $25,516 in
for depreciation of plant and
1940 is included in the above.statement
130.
Cushman's Sons, Inc.—Dividend Dates—
The
$0.91
$72,434; reserve against reconversion to peacetime production, $10,000;
common
stock j (par value $1), $225,000; capital surplus, $141,199;
company
arrears
$32,010 in 1942,
Note—Provision of
222,50Q
.
$1,448,338.—V. 156, p. 1468.
has notified the SEC it has retired $1,608,000 of its
3%%
debentures, due 1955,
reducing the amount outstanding to
$13,392,000.
It also retired 7,294 shares of its 5% preferred stock,
reducing the amount outstanding to 327,026 shares.—V. 156, p. 1861.
.
$397,988
on
—
Liabilities—Accounts payable
Crucible Steel Co. of America—Reduces Debt—
$154,096
371
$308,988
earned
$3,563,818
786,000
4, 1943, the System inputs of client oper¬
Ebasco Services, Inc., which are subsidiaries of
American Power & Light Co., Electric Power & Light Corp., and Na¬
tional Power & Light Co,, as compared with the corresponding week
during 1942 were as follows;
:
—Thousands of Kilowatt-Hours—
1943—4 Mos.—1942
$752,168
749,100
For the week ended, Feb.
89,000
$741,259
225,000
To
The
191,861
56,250
and
Crown Drug: Co.—January Sales Up 8.9%—
65,500
.
.
3,521
308,988
488,463
Assets—Cash in banks and on hand,
Continental Baking: Co.—Secondary Offering—Merrill
69,300
$221,194
40,684
accruals
Ebasco Services
—
i.
p.; mi.
$2,770,523
Applicable to E. U. A.__!
-V. 157, p. 520.
'/
surplus,
in cash
stock
paid
Earnings
President of the Elgin National Watch Co., and
W,
Edwin White,
Vice-President and director of agencies of the
Continental Assurance
Co.,
have been
elected directors.—V.
156,
Sales
944
Earn,
Potter,
$2,668,257
Applicable to minority interest——
$202,605
$347,281
surplus, Oct. 31 .i-. $807,194
225.000
Shs. com, stk. (par $1)
Inc.,
149,762
$219,596
,
$477,796
741,259
$2,620,761
316,487
■
.1:
earn,
$2,351,770
9,630
deductions
Balance
49,000
110,700
$122,185
$209,966
57,505
Pfd. dividend deductions--B.
79,500
186,800
68,500
-
Nov.' "1—
common
effective
5.
In his new posts he
physical properties of the
1943—Month—1942
745
438,522
2,287,959
$232,989
amortization
&
Miscell.
478,743
1,827,295
(net)
income
Interest
Fed.:
for
.
Period End. Jan. 31—
157
521
$863,444
Divs.
I
Albert
7,422
7,698
income
reserve
Gross
for
taxes
Total
Continental Assurance Co.—New Directors—
T,
Retire,
43,860,
217,662
.
taxes)
revenues.—
oper.
ating
Mr. Love is also Vice President of the Western Pennsylvania Coal
Operators Association and director of the National Coal Association.—>.■
V. 156, p. 2305.
.
412
year..
provis.
Balance,
•
10,515
profits tax..
income
Consolidation Coal Co., Inc.—New Official—
Committee
1,810
Net profit
■at
4,946
15,397
current
Excess
$350,794
$280,115
9,787
6,077
1942—12 Mos.—1941
$946,341 $10,935,116 $10,342,795
474,853
6,277,308
4,995,553
561,279
42,688
129,638
$290,494
inc.
Balance
to
moving
income
the
Excess
George H. Love, now President of the Union. Collieries Co., has been
elected Executive Vice-President,
a
director and Chairman of the
executive
of
deductions
Normal
157, p. 218.
'
3,258
expense
Miscell.
Increase
$444,424
$792,409
$206,166
V
—
Net
,.
-
Unci.
Non-oper.
patent liti¬
plant
new
Consolidated Retail Stores, Inc.—Jan, Sales Rose 32%
of January—
and
Expenses
amounted
Month
income
Interest, expense.
Consolidated Edison Co. of New York, Inc.—Output—
"
—
Maintenance
service
admin, and gen. exps.
-
(& Subs.)— Earnings-
1942—Month—1941
$966,694
i—.
revenues
Operation
1,340,687
306,099
Operating
$1,914,739
1,346,653
i
....
goods sold
shipping,
1941
per
share has
been declared
to
holders
of
on
the
record
common
Feb.
Feb. 27, April 27, June 27
15.
and
Volume
THE COMMERCIAL «r.FINANCIAL CHRONICLE
Number 4151
157
total
admitted
net surplus
was
respectively,
against
ciation
a
of
based
Commissioners,
Insurance
December
31,
the
admitted
Contending
carried
were
at
$70,568,302
last.
assets
would
have
been
Fifth Avenue Coach Co.
9 Months Ended
Gross
Net
1942
revenues
and
expenses
$46,431
operating income—
Non-operating income
Interest
Provision
obligations,
equipment
on
for
138,122
etc
A—
tax—
by
54,500
income
•"Loss,—V.
District
Creditors
to
file
the
and
12,829
""$100,257
turers
Fiscal Fund—
It
their
of
claims
with
the
Fund,
were
the
40,
50
before
receiver
of
(M. H.)
Month of
—V.
157,
best
1942
1943
of
interest.
Payment
Jacksonville,
will
be
made
The
at
Jacksonville.
Florida
Fla,—V.
156,
Fonda Johnstown & Gloversville RR.
Period End. Dec. 31—
Total ry. oper.
$73,133
Ry, operating expenses.
Net
Railway
tax
Net
rents
32,456
$10,030
$213,223
Dr7,476
DrlO.101
Dr654
$30,431
,
etc.
32,938
$205,747
1,272
22,762
$31,363
$10,648
$228,509
5,466
27,591
25,748
$5,182
$200,918
12,729
158.717
•$7,547
products.
Tenders
of
4%
modified
bonds
due
Sept.
1,
had
issued
the
order
an
adjourning the trial
The
•$43,470
used
the
in
purchase
by
tender,
Net
inc.
Net
equipment
in
Spokane,
Wash.
Originally
been reduced to $218,000.
Foundation
by
lot
;
Dec.
$3,323,000
-
$1.56
$1.81
1943—10
Days—1942
K.
:
assets
cumulative
net
The
dividends
that, date
at
as
preferred
preferred
in
is
dividends
and
entitled
involuntary
accumulated
equivalent
stock
stock
in
to
$0.46
per
$25
to
are
of
President,
31,
1942
Jan.
on
the
bonds
held
are
outstanding
in
the
in
P.
liquidation
voluntary
Account
for
Year
A
will
1942, show
share of $1.50
common
stock..
and
and to $26.25
liquidation.
Ended
Dec.
Prior to
:
•
accumulated
share
per
27
$138,335
income
—
31,
to
This
purchased
•Without
income over
effect
giving
11,955
3,085
to
18,079
1,413
Assets—Cash
in
banks,
$41,869
t$18,877
security
dividend
preferred stock
$52,500;
surplus,
market
securities,
($1
of
New
per
$3
on
and
par),
taxes,
$34,000;
$22,992
transactions.
$1.50
common
tLoss.
cumulative
stock
($10
$1,023,195; unrealized appreciation (net) of
$4,020; total, $1,134,291.—V. 157, p. 220.
of record
6%
corporation's
hands of the public.—V.
—V.
157
par),
Feb.
Operating
p.
253.
Fed.
inc.
&
dividend
no
of
taxes
Other
the
each;
A
1943—Month—1942
follow¬
and
Nov.
;■
1943—12 Mos.—1942
$8,983,144 $154,204,601 $130,555,907
:
.
$1.25
value,
par
vAV—
.
share
per
has
Co.—$1.25 Dividend—/
been
declared
the
on
1942—12 Mos.—1941
$722,009
$440,437
$6,443,312
of
v
Gross
3,030,770
749,895
594,244
71,755
7,653
603,285
Gross
Income
Net
—V.
income
deductions
income
48,705
668,033
515,048
$128,758
$1,391,328
$1,143,423
360
Drl,567
818
Drl,171
157, p.
$183,640
$127,191
$1,392,146
$1,142,252
24,845
448,645
328,617
$146,073
$102,346
$943,502
$813,635
12,907
21,808
$133,167
220.
$80,538
its' name to
President.
of plant expansion
for electronics research and de¬
p. 1864.
changed
A. MacDonald,
W.
program
a
1942
1941
1940
1939
$2,350,662
$2,007,731
$1,663,704
$1 ,402,208
932,054
816,024
80,031
88,184
711,070
65,108
811,472 *;>
expenses
105,103
rec.
„^
265,590
;
subsidiary
for
—
65,743
inc.
'
—/
:
42,085
'// :
Fed.
16,405
34,786
&
."■/'//•."V,
taxes—
1607,523
•360,086
161,914
116,022
above—
profits
profit
Preferred
Shs.
directors
have
stock,
common
156,264 '
$787,238
205,511
$608,125
on
$518,888
$535,030
$581,177
$510,009
dividends
Stk.
declared
dividend
a
of
40
cents
per
110,122
;
-
239,090
198,485
252,172
$1.68
252,172 /
250,822
share-
per
$1.62
of
deducting
refund
refund
post-war
Assets—Cash,
;
Balance
Sheet,
on
V.
157, p. 474.
■/;
Hercules Motors
13%
a
mlinutes
1943—Month—1942
against 152
a
year
earlier—V.
1943—12 Mos.—1942
share.
with
The sale
was
substantial
a
President
John
L.
directors
Co. of America—New Vice-
'
•
Net
^
Account
and
as
has
been
elected
Vice-President
of
to
the
membership
on
the board
of
joined
p.
the
Guardian
in
sales
^Profits
and
from
May,
1930
as
Assistant
Actuary.—V.
156,
for
Calendar
a
few
156,
Years
capital stock tax—
income
Federal
excess
Net
tax
$
85,612,161
52,429,191
20,697.948
9,928,430
tax
——
of
subs—„■
forgn,
211,022
10,139,452
••17,840,645
—
& excess profits tax—
for contingencies
earns,
78,373
20,776,321
399,888
2,210,687
——
profits
deductions
370,876)
3,780,586]
10,012,005
62.068
1,500,000
79,087
—
,
5,546,980
earnings
dividends
Common
common
2,638,433
1,635,116
500,000
14,142
—_
6,098,712
22,648
35,485
5,807,770
524,928
dividends
—
524,928
524,928
3,291,775
($2.50)
3,950,130
3,752,623
($3.50)
($2.85)
1,730,277
18,427,286
*
dividends
Rate
of
U940
27,639,355
——
Federal
Unrealized
$
'
56,849
income
Federal
Other
f 1941
operating revenues—1114,378,2351
operations———
27,582,506
income
Preferred
company.
completed within
$
■'
and Director—
Cameron
A:/'/;/-
oversubscription.—V.
•1942
'*•
Provision
Guardian Life Insurance
.•/.
Co., Inc.—Annual Report—
Income
Foreign inc.
132.
p.
■„ :
..
Corp.—Stock Sold—McDonald-Cool-
Hercules Powder
Total
$3,859,235 $62,404,231 $53,785,963
had in operation
151 stores, as
157,
,
2306.
p.
Other
company
1942
idge & Co. sold after the close of the New York Stock
Exchange Feb. 2 4,700 shares of capital stock (no par)
Consolidated
have been called for redemption as of March 11, 1943, a total
of $193,000 of first mortgage 5% gold bonds due
Feb. 1, 1950, at 103
and
interest.
Payment will be made at the Irving Trust Co., One
Wall St., New York, N. Y.~V. 155, p. 638.
$4,088,169
31,
.
There
the
Dec.
$3,057,388;
payable (unsecured), $10,440,000; notes payable to
officers, employees, etc., $108,199; sinking fund requirements in 1943
on 4%
debentures, $63,000; accounts payable, $1,186,451; accrued in¬
terest/miscellaneous taxes, etc., $54,249; provision for Federal taxes
on income, $680,503; term loans from banks, $2,400,000; 4%
debentures,
series A, $837,000; deferred income, unearned discounts, etc., $285,185;
minority interest in capital stock of subsidiary company, $196,938; 1%
cumulative preferred stock (par $25), $1,641,125; common stock (par
$2),
$504,344; paid-in surplus, $93,869;
earned surplus,
$1,795,131;
treasury preferred stock (2,718 shares), Dr$58,525; total, $20,227,468.—
at
share
$1.59
tAfter
years" taxes.
prior
Liabilities—Notes
par
1943,
$1,86
receivables (net), $17,063,216; prepaid in¬
terest and othei" expenses, $76,863; post-war refund of excess profits
tax, $30,000; furniture and fixtures, $2; total, $20,227,468.
■■ —
Great Northern Power Co.—Bonds Called—
January,
for
$3,457
110,135
$30,000,
of
Consolidated
/
110,122
226,955
252,172
'
(par $2)
110,122
226,955
—
dividends
com.
Earnings
$25, payable March 3 to holders of record
Feb. 20.
Quarterly distributions of 50 cents per share were made on
March 3, June 1, Sept. 1 and Dec. 1, last year.—W.
156, pp. 1864, 2306.
68,080
$183,280
-
addition to his
has been named
in
collecting,
gen.
and
doubtful
Common,
Great Northern Paper Co.—Smaller Dividend—
The
2.114,836
44,692
37,567
income
of
was
paid
1,623,654
16,803,631
1,530,218
15,273,413
20,623,013
1,316,710
18,427,285
16,803,631
1,316,710
1,316,710
$3.81
$4.23
$4.01
2223.
Surplus
Depreciation
completion
——
for
Prov.
1,
Heretofore Second Vice-President and Associate Actuary, Mr. Cameron
Operating income
income (net)
has
subsidiary,
a
according to
Corp.,
of adopt, of retire.
annuity plan
Minority
int.
in_ inc.
9.
$4,435,631
210,630
Other
Vice-Pres., Etc.—
common
payable
.
profits
—
1941
$1.50
Feb. 20 to holders of record Feb.
Distributions last year were as follows;
Feb.
20, $2, and June
Sept. l and Dec. 1, $1 each.—V. 156, p. 2131.
In
67,199
exc.
taxes
15,
'
Sales
74,907
—
Maintenance
while in
and Aug.
(II. L.) Green Co., Inc.—January Sales Up 5.9%—
324,868
revenues
Operation
last year,
general
(& Subs.)—Earnings—
1942—Month—1941
"
Cost
473.
,p.
Bedford—Accumulated Div.—
$9,381,989
157,
stock,
Comparative Consolidated Income Statement
Period End. Dec. 31—
it
administr.
was
recently declared on account of
cumulative preferred stock, payable Feb. 15
2.
Distributions of like amount were made
16, Aug. 15 and Nov. 16,
dividends were paid: May 20
$3.—V. 156, p. 1689.
Period Ended Jan. 31—
Galveston-IIouston Co.
1774.
156, p.
elected Vice-President
additional facilities
stated.—V. 156,
large
Interest
.
$20,577;
been
Corp.,
follows
share
the
Sales
$732,362;
expenses
and Federal'taxes.—V,
Manager and Raymond A. Gibson
Vice-President.—V. 157, p. 345.
Electronics
change
Prov.
Sheet, Dec. 31, 1942
dividends receivable, $300; general
market securities, $296,932; unimproved real estate in Lima, Peru at
realizable value, $100,000; deferred charges, $4,697; total, $1,134,291.
Liabilities—Accrued
—
$127,749
$603,876
$296,158
operating, selling and administrative ex¬
$453,050
(Walter E.) Heller & Co. (& Subs.) -Earnings
for
of
Period End. Jan. 31—
■
5,752
of
$335,381
268,495
$296,158
—
Years End. Dec. 31—
$3,600,000
(W. T.) Grant Co.—January Sales Up 4.4%—
31,495
4,340
results
$127,749
Corp.—Subsidiary Changes Name—
factoring,
15,040
13,416
expenses-
Balance
$184,555
268,495
Service
velopment,
at Dec. 31 ,1942
treasury and $11.-
the
Feb.
on
the
of
2,564,499
178,406
159,162
materials,
the
to
providing
during
interest.
dividend
A
- -
—.—
Capital stock and sundry taxes-:—
•Excess
and
holders
ing
1943 1
Subsequent
Merger
to Merger
(Oct. 13/42) (Oct. 13,'42) Combined
$71,580
$3,700
$75,280
——
Management expenses—:
Corporate expenses
3,139,253
88,181
196,632
General
Hazeltine
outstanding
were
Great Atlantic & Pacific Tea
•
——
1,216,784
87,385
83,530
'
'
-A-
Hazeltine
$158,201
that
announced
corporation
and
.
Total
1942—6 Mos.—1941
$3,759,447- $3,198,225
$1,515,447
1,514,329
65,585
96,783
.
Applegate has
as
•After
.
Income
called
Gosnold Mills
Theatre and its
the mortgage has
$32.75 per
share on
share
$1,861,253
oper.—
raw
Income
these
company has
of $610,000 of
102%
ended Dec. 31,
per
3
gen.
State, County
Hazeltine
1943—Month—1942
$55,801
Engineering Co., Inc.
year
until
will
California—Earnings—
Hartford Electric Light Co.—New
Net
total
-'-.'A AA
company for the
finance,
<
1942—12 Mos.—1941'
$0.45
$46,085
Hoblitzelle,
accumulations
.
Industrial
statements of
from
•Includes
;
ended
which
15,
The
charge of
in
bids
received
income
penses,
any
redemption as of March 15, 1943 a
first mortgage bonds, 4 Vi% series due 1956, at
Payment will be made at the Bankers Trust Co.,
corporate trustee, 16 Wall St., New York, N. Y.—V. 156, p. 2223.
received
be
bank
$400,000,
in
order
$6,606,003 $36,222,633 $25,752,714
293,831 '1,013,722
1,172,370
$0.44
_
amount
The
select bonds
..The
shares
(B. F.) Goodrich Co.—Bonds Called—
1948, Will
the
$6,154,271
1,619,413%
and
V 1942—3 Mos.—1941
—_
Dividends
Assistant
1942—3 Mos.—1941
share
com.
revenues
year
477,000
1943, by the Spokane and Eastern Branch, Seattle-
to be retired Mar. 1, 1943, at par.
bonds are a mortgage on the Fox Spokane
1942
Street,
Intangible devel. costsDeprec., depl. & aband.
changes
industry during the
•
■
lamp
and
oper.
expenses
of
principal amount of its first mortgage 5%%, series A bonds of which
principal amount were cancelled and retired.
$14,800,000
Bank, Spokane, Wash.
Tenders may be at any price
exceeding par.
/ The bank announces that it holds approximately $10,500 for pur¬
chase of bonds by tender at the lowest prices.
If any part of the
not
receive
31st
at
income---
oper.
•Costs,
company,
$9,089,886
284,180
——_
principal
not
is
securities—
$9,501,873
Hancock Oil Co. of
$2,200,000
National
fund
of
of secus. owned- Drl,065,074 Drl.514,767
Vice-President
15
Bridge
excess
until Noon, Feb. 20,
(net)
Period End, Dec. 31—
.
General Steel Castings Corp.—Reduces Debt—
Fox Spokane Theatre Corp.—Tenders—
First
Clair,
Feb.
on
Gross
Corp.—Earnings—
of
$42,201v
St.
W.
m.
Street
manufacturing
interest, depreciation, Federal income and excess profits taxes,
627,173 shares of common stock.—V. 157, p. 132.
Harrison
156,356
$10,492
chgs.
sale
on
AAAA
Acquisition,
$112,885
12,704
Shoe
157, p. 553.
26,358
,
Dr475,435
A————-
loss
depreciation
for the sale to the company, Walnut
Philadelphia, Pa., of all or any part
of
the outstanding
preferred stock.
Delivery and payment are to
be made on March 1, 1943.
The quarterly dividend due on the latter
date will be paid at the time the purchase price is paid.—V.
157,
p. 553.
p.
price
tOn
—V.
?
fixed
the
Dr614,785
11,034,628
Georgia & Florida RR.—Earnings—
$112,276
$23,196
.
after
Inc.
butter"
and
below
which
on
Corning Glass Works and
of electric lamps for the duration of the
based upon a certification by the Secretaries
was
'
per
Operating
fixed
charges.
Total fixed charges-
J.,
against
Period End. Jan. 31— ,1
;
$138,633
8,167
932
for
N.
suit
action
profit
the
avail.
is
sizes
7,228
16,877
21,874
7,964,226
11,011
„———28,108
Hajoca Corp., Philadelphia—Tenders Sought—
J.
sale
manufacturers
sales
•"After
$155,315
*.
$9,376
Mifscel. deduc. from inc.
Inc.
"bread
prices
contractual arrangements in the
adjournment.—V. 157, p. 553,
tEarns.
$122,377
Dr 721
—
of
the
$130,485
13,409
—
•Outstanding, 2,785,288 shares in
(par 1 cent).—V. 157, p. 42.
Department announced Feb. 10 that the Federal District
Trenton,
other
of
•"Net
•
income
their
are
scale
new
Period End. Jan. 31—
Net
403,924
$245,679
——
Total
474,374
6,638
$31,152.
income-
at
their
time
$559,238
$16,668
—i——
Net ry. oper.
Other income
applied,
the
lamps,
$98,359
—
expenses--——
—
Total
lamps.
General
3,320
income
incandescent
and
$6,154,271
1941
duties
$720,054
31,923
Unrealized
Adjourned Till After War—
1952.
$34,472
accruals—
Ry,.: operating
in
Bank
National
p.
1942—12 Mos.- -1941
$48,592
38,661
from ry. oper.
rev.
independents that the manufacture
—
and
Undistributed income
against
it
no
longer will interfere with war production.
stipulates, that the defendants must notify the court of
-Earnings—
1942—Month—1941
revenues
watt
suit
that
for
trustee,
the
been
that
taxes
Undistributed net
War and Navy to
Attorney General Biddle that continuance of the
trial, which has been in recess since Aug. 13, "would seriously impair
the war production of
two of the principal defendants."
The order, issued by
Judge Philip Forman, provides that the trial
may be resumed whenever the Secretaries of War
and Navy agree
redemption as of March 15, 1943 a total
of $122,000 first mortgage
4% series C bonds due July 1, 1955 at 102
and
have
The
war.
Florida Public Service Co.—Bonds Called—
called
i
....
of
.
,
sub¬
'
•
4,901
$9,501,873
—
payable
be
temporary
2,593
Liabilities—
Accounts
•Capital stock
Paid-in surplus
a
receivable
——
Accrued
merely
interest
accrued
Accordingly, they filed
anti-trust
of
60
anti-trust
several
$24,793
'
There have been
and
The Justice
Increase
$324,226
Total
to
Engineering Corp. and Pennsylvania Illuminating Corp.
Court
131.
p.
claim
and
of
to
62,120
183,689
receivable
Dividends
alter the status during
injury to its competitors
public benefit not recognized as such
is
1941
$5,907,976
92,125
87,149
125,800
——
bank
Accounts
associated in the appeal include: Jewel
Lamp Co., Inc., Elram Lamp Works, Warren Lamp Co.,
Lamp Corp., Save Electric Corp., Wabash Appliance Corp., Re¬
public Co., American Lamp Works, Lightmore Appliance Corp,, Ever-
Approved—See First
—$349,019
;
,
allowed
that
—
$9,118,438
71,353
securities
Deferred charges
Independent manufacturers
Fishman Co., Inc.—January Sales Up 7.1%—
January—
be
in
in
Atlas
an
-
Cash
Incandescent
no
Fiscal Fund, Inc.
(Del.)—Sale
Boston Corp.—V. 157, p. 219.
business.
the
Suit
sales
of
Government's
is
cost
have been notified
April 12.
Fiscal Fund
Inc.,
liquidated by the court at the request of the SEC because
officers for management of the corporation and stock¬
holders were unable to redeem their stock within the, time provided
in the corporation's by-laws.—V. 157, p. 344.
there
not
manner
,
They state
Fiscal
a
.
reductions
sale.
of
should
in
Sheet, Dec. 31
1942
Investments
a petition to intervene
the defendants and for
an
injunction restraining the defendants from maintaining the new
price structure and to restore prices effective prior to Sept. 1,
The
decision of Judge Forman voided this effort and the
independents are
pressing their rights in the higher court.
ordered
was
..
out
the
Court
stockholders
Balance
Assets—
pending.
7 in the Circuit Court of Appeals for the
The
Judge Paul Leahy approved Feb. 5 the sale
of assets of Fiscal Fund, Inc., of Del., to the First Boston Corp. for
$686,600 by receiver Howard F, McCall of Wilmington.
The SEC had
recommended
to 7,800 during the same period.
Net assets at the year-end
were $9,390,105.
As of Jan. 27, 1943, outstanding shares have further
increased to 2,869,712, and net assets to $10,278,695.
members of the Incandescent Lamp Manufacturers' Association
charged that the reduction in price of incandescent lamps established
by General Electric and others last September constituted a further
effort to establish a
monopoly and drive independent lamp manufac¬
157, p. 552.
First Boston Corp.—To Buy
Federal
22.6%
now
guise of an alleged
Government itself and shown
the
in
Net
suit
the
terfuge."
21,114
$121,235
income
Federal
adjournment
under
147,634
8,817
adjournment,
the
•$66,314
——
anti-trust
the
•$213,948
$184,553
■
(net)——.:.
2,785,288
Pa., by Darby and Darby, counsel for
eleven "independents".
According to Samuel E. Darby, Jr., of counsel, "All that independent
manufacturers are seeking to do by this petition is to return and
retain the status in the
industry at the time the Government trial
was interrupted and postponed.
General Electric, the one who sought
3,549,032
.—
high in outstanding shares of capital stock is shown in the
annual report of the company,
As of Dec. 31. 1942, there were
shares outstanding, as compared with 1,619,413 shares out¬
standing as of Dec, 31, 1941.
The number of shareholders increased
new
ninth
Electric
the
$3,335,084
3,693,482
.
taxes—
General
This appeal was filed Feb.
third district at Philadelphia,
1941
$3,739,913
Sept. 30—
operating
Operating
Government
a
-Earnings-
(& Subs.)
the
that
Jan.
actual quotations
If
would
surplus
Group Securities, Inc.—Annual Report—
A
Association, have filed an appeal from the decision handed down on
20 by Federal Judge Philip Forman in the U, S. District
Court,
District of New Jersey.
This decision denied their application for an
injunction against the defendants and the privilege of intervening in
on
of that date had been used,
have been $81,738,796 and policy¬
$54,120,858.
At the close of 1941, bonds and stocks, on the National Association
basis, were valued at $68,775,085.
A contingency reserve of $1,601,885
was
at that time set
up
representing the difference between their
values carried in the assets and the market values,—V. 157, p. 552.
total
holders'
Manufac¬
Co., Westinghouse Electric
others are still violating the Sherman anti-trust laws by con¬
spiring to fix prices of incandescent lamps, eleven independent lamp
manufacturers, members of the Incandescent Lamp Manufacturers'
by National Asso¬
valuations approved
on
Lamp
and
surplus totaled $51,208,111
Policyholders'
earlier.
year
$50,110,301.
and stocks,
Bonds
Co.—Independent
tures File Appeal—
in the report,for the year ended Dec, 31, 1942, shows
assets at the close of the year were $78,826,048 and
$47,458,111 compared with $76,901,769 and $46,360,301,
company
Electric
General
Co.—Annual Report
Fidelity-Phoenix Fire Insurance
The
603
Previous
(The) H. & G. Realty Co.
(Miniger Building), Toledo
Profit
———
surplus
on
sales
of
interest—;
tt465,450
—Tenders—
The
Commerce
Guardian Bank,
trustee, Toledo, Ohio, will lip to
including March 15, 1943 receive bids for the sale to It as of
April 15, 1943, of first mortgage and leasehold bonds dated July 1,
1924, to an amount sufficient to absorb $16,971.81, at prices not to
and
exceed
102%
and
interest
accrued
to
April
15,
1943.
Total
surplus
tfShares of common stock
(no par)
Earnings per common share
•Including subsidiaries in Canada and England.
subsidiary
has not
been included
in the
1942
An inactive Holland
consolidated financial
THE COMMERCIAL & FINANCIAL CHRONICLE
604
been
obtain current reports,, rlricludes
Holland,
tlncludes fees received
operation of U, S. Government-owned ordnance
plants.
SAfter depreciation and amortization of $4,847,266 in 1942,
$5,565,893 In 1941 and $3,612,837 in 1941.
""After post-war. credit
of $1,981,942;
ftln Compania Mexicana de Explosivos, S. A. (less
U. S. capital gain tax,of $155,150).
tiAverage number of shares
because
statement
subsidiaries
outstanding.
and
1942,
in
1943.
subsidiaries amounted to $25,341
1941 and a net profit of $56,093
■
' •/,
'
p'
earnings of foreign
net
loss of $18,282
net
a
in
;
'
has
the
V
Period End. Dec
,
"Net
™
.
10,223,898
disct.
Investment, in, associated
S.
Govt,
S.
Government
U.
S.
Treasury
tax
Materials
and supplies
products
Deferred charges
Finished
P,
notes
—__—
.
—
—
•Shares
'.
of
Liabilities—
,
Accounts payable
Deferred
credits
taxes
Federal
Reserves
131,232
14.175.851
10,763,696
7,143,261
V 4,112,456
-
——
-
surplus
-
5,022~458
—
sidiaries
in
in
England
Canada,
arid
Canada
Mr.
Holland.
and
tAfter
.
of
par
1941.
had
At
commenced
the
time,
same
executive
No
been
of
the
reduced
have
&
V.
declared
cumulative
156, p.
and
a
of
dividend
participating
the
of
in
be
Net
25
v
paid
paid_
to
divs.
$256,359
$251,978
radiotelegraph
107,210
106,477
loss
143,750
surplus-
per shr.
on
143,750
143,750
$1,751
1,708,567
1,688.342
1,682.943
$12,96
$12.66
Dec. 31. 1943
the
20,339.887
16,849,651
from ry. oper,
to
States
73,545,053
Egypt;
581,990
169,957
5,956,921
2.976,857
41,007,920
Miscell.
deductions
avail,
Cr88,164 Crl.408,290
1,579,265
charges
Interest,
and
5,780
40
3,059,241
836,945
1,368,328
15/922,854
16,249,325
1,690,913
24,914,091
10,557,195
providing for Federal income taxes.—V. 157, p. 554.
Illinois Zinc Co.—Earnings—
,
for
(Including Wholly-Owned Subsidiary)
3 Mos. End. Dec. 31—
prior
Cost
of
$1,156,411
760,273
goods sold—
no
par; value,
Payments during
1.
Selling
margin
.™_—.
expense
897,561
$752,916
571,107
41,583
32,140
$213,425
10,442
4,177
charges
for
(net)—
Fed.
Income
_™
and
40,000
35,000
75,000
Hydro-Electric
$134,248
$1,29
•/
,
$1.10
'
Co.-—Hearing
Securities
and
$1,637;
—
March
were
Post¬
postponed from Feb.
the plan of recapitalization of the com¬
$3,053,946
$1,265,191
//'
$6.35
$4.24
operations of
income
1iBefore, dividend from
and,excess
profits
for
contingencies.
tax
.»
§ § Includes. Federal,
share
holders
to
Feb.
156,
provided
was
taxes
year
U.
for
S.< and
Canadian, income and excess
payable from 1942 income.
byk the; U, S. and Canadian
$15,932,244,
of
amount
an
1941
16
eliminate
to
contain
an
$255,427
all doubt
The tax provisions for 1942
for such contingencies.
interpretation.
excess profits taxes,
were $16,704,633, an increase of $4,compared to 1941..„ They were equivalent to $19.65'per
common' stock, and to~bver $1,098 per employee.' / >/,
On Nov.
y
Johns-Manville
*
.
77,136
•
of
(Federal, State, local and foreign) in 1942, after post-war
as
share of
$225,308
67,025
for
the company's
of
338,359
1940
■
,
Taxes-provided
war.
In both years
amounted to $10,384,831.
amount of $885,000 as -a reserve
Total taxes
refunds
1941
profits
liability as stated in tax returns has been-'and will be stated-as
exactly as can be determined from available regulations, decisions, and
"interpretations.
These sources, however, are.not always so clear as
1775.
p.
excess
:■ v-s
There
per
10
subsidiary and
.""Tncluding $600r000
taxes.
(less post-war refund of excess profits taxes of $1,188,237), $11,-
profits
$149,209
Federal. inc.
taxes—
$188,402
tCr3,499
share
per
of
the
on
4,500
-
aver-'
Credit Corporation
Corp. sold the bulk of its instal¬
30 Johns-Manville Credit
years),
$0.67
U.
(principal: recovered
"
'
-
,
.
1941
1942
on
hand_^__^.-__-.-.™_
$10,506,750
S.
Treasury tax notes.—___
"Accounts and notes receivabletlnventorics
longer required.
no
V-:-; '"''yy.
Comparative.Consolidated-Balance Sheet, Dec. 31
Assets—
Cash in banks and
$0.92
closed banks
deposits in
on
,
portfolio to the Commercial Credit Co., and on Dec* 28 the Credit
Corp, ceased-to-function,
After: repayment -of its loans, amounting to
$2,400,000, and declaration of a dividend in- the amount of its surplus,
it was merged with Johns-Manville Sales Corp.
•
$141,971
'
-
$0.86
interest
;
6,200
.
: $183,902
*
shares
common
$148,171
$8,322,186
4,004,800
16,018,600
.
13,666,168
11,855,532
_-_™_—•
Workmen's' compensation
in
accounts
banks,
Sheet, Dec.
receivable
for
31,
securities :
Miscellaneous
1942
self-insur.
fund,
etc,'
12,174,195
13,416,553 '
-
433,435
sold,
$15,839;
-
receivable,
investments,
payable
and
r
427,471
77,931
:
152/271
of Dec. 31,
total
A
were
V.
of
Total
1942.
514..
share
per
was
dividends
of
quarterly
in
in
1941,
to
1942
on
>
the
Service Ltd.
{
.
—
Maintenance
.
.
.154,878..
105,483
115,545
$29,465
Utility oper. incomeincome
Retire,
income
reserve
_______
accruals
.
Dr 1,874
(net)—_
.
$40,861
Drll,146 '
90,000
Gross
Income
income
$20,090
*
$419,131
8,030
.
2,101,084
;
1,762,537
3.000,000
17,000.000
14,379,898
14,379,898
17,461,64113,978,949
..y—_
—-
!
————
reserves
and
1941.—V.
,
for
doubtful
$79,993,791
—
items arid
discounts
cash
$374,210
in
$69,242,5^0
of $537,532
in
1 Less
1941.
156, p. 1953.
T
Jones & Laughlin Steel Corp. (&
V
Period'End. Dec.-3I—
tTotal
depletion.
prep'd mining
royalties, war emer—
gency facilities, etc.™
.Furnace " relining, • re-
/
Amort, of
90.000
*
$341,679
102,654
"1942—12 Mos.—1941
proV. for Fed."inc.
'
;
2,149,452
3,004,47.6 :
10,103,790
•
8,967,310
,.
4,200,220
.
616,758
-
456,182
"
1,923,816
"Interest charges .yy/.u450,609
{Est,
'
•
building, etc.
102,591
Subs.)—Earnings—
"1942—3 Mos.—1941 "
$15,545,916 $13,562,362 $57,941,173 $51,201,407
earnings
Provisions for deprec. &
12,548
$363,058
$36,127
8,670
deductions
712,937
$3,581,078 in 1942 and $1,635,952
billed on uncompleted contracts.
tLess reserves for depreciation, de¬
pletion and obsolescence' of $33,892,445"in 1942 and $31,395,806 in
$453,058. -,.$431,679
$43,627
7,500
7,500
:
$1,224,083
'
$464,204
•
2,766
$27,590.
'Less
1942
171,603
,
15,438
.
surplus
surplus
.Total
::
527,865
11,633.
26,988
"Cr782
Taxes
427,471
829,727
.
excess profits, tax contingencies™.—:—_
3,100,636
for conting. arising out of war conditionsy etc.
4,131,059
7% cumulative preferred stock (par $100) —3,000,000
Common stock, (no par)_„——
17,000,000
Earned
.
(& Subs.)—Earnings—
625,826
433,435
.
Canadian income and
'
'
1942—12 Mos.—1941
43,750
2,745,702
10,384,830
Reserves
■Capital
$1,360,452
$2,705,430
•
•
$119,951
-
$2,336,062
43,750
3,110,969
14,166,615
etc
—
(Fed. & Canadian income & excess profits taxes
Reserves for workmen's! compensation, self-insur.
Reserves for product guarantees, etc.
-—
1
in dividends during
$545,264.
Dividends
following basis; Mar. 31,
52,019
$110,194
54,523
revenues
payable
/Reserves for Federal and
was
1942—Month—1941
523,174
$79,993,791 $69,242,590
—
—
'Dividend payable
'
Accrued taxes, wages, '.commissions,
distributed
1942
26,560.750
.
Liabilities-—
$12,612,630
■':
Jamaica Public
Operation
31,
3,661,190
Accounts
12V2 cents; Sept. 30, 8 cents; Dec.,31, 21 cents.—
■
Period End. Dec. 31—
Operating
Dec,
-
cents
amount
distributed
P.
on
1942.
51
cents; June 30,
156,
$4,063,845
advances, td'subs.; unconsol;
161.373
Total
Company experienced another year of important growth during
1942, according to E. E. Crabb, President.
Investors Mutual, is an
open-end investment company of the diversified management type. =. :
During the 12 months ending Dec. 31, 1942, company distributed
998,167 shares of special capital stock, representing an increase of
over 200%
for the year.
Shareholders of record Dec. 31, 1942, totaled
10,934, compared with 4,259 at the end of 1941,
from
1,188,237'
profits taxes__j.-_.~-.-
tLand, buildings, equipment and mineral, props.
25,284.995
Prepaid/and deferred charges—800,771
'
•
unclaimed
Mutual, Inc.—Reports Over '200% Growth—
increased
excess
Investments in and
•
:
investments
Post-war refund of
dividends
interest and
$717,431;
■'
-
v
.
5,350,030
: : '
1,094,852
316,082
' 6,948,723
'
1,518,187
5,942,0^5
.
,1,474,169'
,V
'
157,
p.
42.
& excess
International Business
Machines
Corp.—Appointment
$11,421
income
Preference
dividend
Common dividends
$28,096
requirements-
paid—J. P. S. Ltd.
.
$260,467
83.408
corporation on Feb. 4 announced the promotion of Charles W,
Cooper to the position of Assistant to the Comptroller in-charge of
logistics.
He was previously manager of the Department of Logistics
W.
91,800
91,800
$76,971
Nichol, Vice-President
and
General
Manager,
who
has
"Includes reversal of overaccruals
-V. 157, p. 254,
profits taxes
7,000.000
5,311,195
24,000,000
14,342,670
$239,025
91.697
$63,818
The
F.
$3,110,895
$6.66
$6.35
•
-
profits taxes under the Second Revenue Act of 1940.
ftOn 850,000 shares of: common stock (no parr,
ttlncluding $1,140,000
taxes
dividends,
$33,738;
accrued taxes other than Federal income taxes, $6,460;
reserve for
contingencies, $20,000; common stock ($1 par), $177,730; capital
surplus, $1,843,998; earned surplus, $1,577,185;
total, $3,659,110.—
V. 156, p. 1504, /
'; ;':'i
;;
-'S
.
Net
under
for
provision
yHH
follows:
as
"$215,378
—
Liabilities—Accounts
Other
'
Exchange Commission has
the hearing on
exclude
to
742,489.
•"
to April 5
$3,482,692
.
for Federal excess
19.7%—
cents
25
50 cents.—V.
15,
$2,924,202;. total, $3,659,110.
Gross
Power
525,000
2.337.5Q0
this amount $1,188,237 Will be refunded
(Governments after the termination of the
of
payable
1942
and Dec.
income
$105,335
$1.41
V/
485.625
2,337,500
of; Caxxadian net current assets.
^provision
points
•
$122,998
Indiana
pany.—V.
$141,875
1,541
excess
income
poned—
The
13,286
$173,440
Earnings per share of capital stock
—V. 157, p. 554.
16
.
—
profits taxes and. contingencies—
Net
.
profit from operations——
Income
Prov.
$181,808
14,512
25,421
$258,850
$230,869
15,846
——
Administration expense
Net
Colombia
to
Statement, Years Ended Dec, 31
Balance
9Vz
Gross
dividend
a
66,169
Assets—Cash
as
$991,143
;/ 306.250
2,550,000
•
1940
1941
1942
'
951,517
$4,127,691
175.000
1,912,500
share___
per
"Restated
1943—12 Mos.—1942
i—$152,709
"Includes
in
Assets
Sales
declared
stock,
—
Investors
1,289,970
"After
Bal. to earned surplus
26,806,520
3,030,163
™
i
-
.
$5,882,071
Stock
t+Earnings
.
4,320,133
$5,079,2Q8
-
$5,967,145
stock
$2,261,160 $38,051,888 $31,302,109
outstanding
rent for leased
income
9
interest
number
age
railroads & other fixed
"Net
and direct circuits to'Bolivia',
taxes
Provision
44,691
1,526.689
—
fixed
for
,
.
...
.
$5,570,192
on pfd.
;
1943—Month—1942
15, 25 cents each;
Balance
■
Inc.
.prof.
.
ment
26.012,414
Cr838,797
Cr663,531
exc.
Divs. paid on com.
the
March
June
income
1,229,855
5,183,291
Z—
Cana-
to conform to the company's policy in
Expenses and taxes other than Fed.
13,466,991
income-
&
&
_„_„_„„„r-_^15>629,007fHl,524.830 ""3,370,000
•
overseas.
Stores, Inc.—Jan. Sales Up
Feb.
on
40,709,260
26,580,212
—
stationed
5
common.
record
Dividends
$
'$
■
13.546,056 213,026,422 142,438,326
9,523,547 139,481,369 101,729,066
875,695
oper.
Fed.
for
/Divs. paid
*■
Cairo,
directors
Equivalent
4,022,509
ry;
$13,951,864
$9,252,07T
2,460,000 ' 1,459,889.- ;■;
.
1942
1942—12 Mos—1941
3,490,236
(net Dr)
Cable
560,000
150.000
147,237
'
Net income
operated by the Mackay
& Wireless,
Ltd., of the
1,
:
„
'
and
established
Income
■
Railway
Net
and
States
-
taxesJ $23,659,199
before
inc.
dian inc.
;
RR.—Earnings of System—
expenses
Net
Corp.—New
the United
>
.
-
system.
that all classes
United
'.'•••
tax accruals™ Cr2,275,045
Equip. & jt, facil, rents
rev.
between
Feb.
on
here
Co.
circuits
tFor prior years,
Net
Telegraph
&
$2,706,596
Balance
revenues
from
Credit
Corp,
-
157,
Investment Co. of America (Del.)—Annual Report—-
payable, $291,159; notes payable, $400,000; re¬
serve
for contingencies, $90,000; preferred stock (less treasury stock
of $157,300), $1,692,700; common stock, $1,150,000; undivided profits,
$1,708,567; total, $5,332,426.—V. 155, p. 540.
operating
operating
received
$5,079,208
$8,692,071
$23,511,962 $18,801,864
income
Johns-Manville
of commercial telegraph services
over
the new circuit, including Expeditionary Force
the special low rate radiogram service to men in the armed
new
the
on
and
Liabilities—Accounts
Ry.
Ry.
IINet
Divs.
Intertype Corp.—25-Cent Dividend—
$9.88
$
•'
handled
1,681,191.
$14.25
1942—Month—1941
1942.—V.
157, p. 164.
The
$1,434,735;
merchandise,
$1,993,602;
securities (principally subsidiaries), $944,021; cash in banks, $684,575;
U. S. Government securities, $275,493; total, $5,332,426,
Illinois Central
fox-
company
Manager in December,
receivable,
Period End. Dec. 31—
trustee
a
Of
$8,657
Balance Sheet,
Assets—Accounts
trustee
a
Institute
Rockefeller
the
tSales -:/.-i.-—
.
115,000
$5,399
com.
of
1942
•
'
is
He
directorships
also
(& Subs.)—Annual Report—
•
1941
1940
*1939 /
^-/.lwir $108,021,383 $92,852,483 $61,761,236 $52,047,720
^Manufacturing cost -.i.. 81,758,053 71,535.106 51.046,894 44,723,092
:: Depreciation
1,757,784
1,652,329
1,379,316
1,464,626
Deplet.
& obsolesc.
of
'".//■';-::c. /"■
mineral properties -11. ;/ •
993,584
863,184
642,955
685,527
§ Unrealized loss
'
'
95,267
Calendar Years—
:
■
103,390
$20,224
and
Earns.
and
His
He is
of
service
established
was
Interstate Dept.
of
Profit
Ltd.,
York.
Paraguay have been added in Mackay Radio's service
throughout Latin America.—V. 157, p. 42.
$227,047
109.756
Balance
Office,
New
and
Telephone
Telegraph
Bermuda;
—V.
1940
;
of
an¬
Beattie
1939
1941
$273,730
divs,
company,
and
class A
Feb. 13.
1942
earnings
Common
of
certain foreign subsidiaries and
1940 of treating cash discounts
by Mackay Radio since the war are:
tLess cash discounts and allowances.- JSelling
Three circuits to different terminal points in Sovle.t Russia, .three to / i as a reduction, of sales/
China; to Sydney, Brisbane and Melbourne, Australia; to New Zealand, /arid administrative expense; etc, --SFrom translation into U. S. currency
Co., Boston—Earnings—
■
quarterly dividend
regular
a
on
Johns-Manville Corp.
•
this
services
the
General
Sales
Howes Bros.
Co.
Technology
been
Period End. Jan. 31—
Calendar Years—
Insurance
Baltimore & Ohio RR.
the
was; announced
will
1864.
Preferred
Sun
Insurance
communication
messages,
forces of
cents per share on
stock, no par value,
payable March 5 to holders of record
This compares with
$1.80 paid on Dec, 8, last; 90 cents on Dec. 1, 1941; 60 cents on Dec.
2, 1940; 10 cents on Sept. 3, 1940, and 15 cents on Dec. 1, 1939.—.
directors
of
taxes
direct
Britain
British
by one, leaving no vacancy.—V. 157, p. 553.
$1.80
has
Radio
(Henry) Holt & Co., Inc.—25-Cent Class A Div.-The
President
and
share
per
Prov.; for.-' contingencies^ -
new
declared
8
the 560,000 shares of 110 par value common: stock
March 20 to holders of record March 6.
Pay-
-
Other
the
of
of
Institute
Gi-eat
of Vice-President was elected.
Member¬
directors and executive committee were each
of
on
the 50,000 shares of 4%% cumulative preferred
stock, payable May 1 to holders of record April 17.—V. 157, p. 346.;
$1.06%
'
554.
Tt
Feb.
on
share
rments during 1942 were as follows: March 20 60 cents; and Junes' 20
/Sept; 21 and Dec. 21 40 cents.
,
:.
■/'■,'
■"■'■' /
The directors have- also, declared the usual quarterly dividend of
■■'
Circuit—
the position
to
Chairman
Life
International
■
board
Trustee
Mutual
Beattie
directors
!/ outstanding payable
credits.—
Prov.
of
committee.
succssor
ships
was
has
post-war
of John C. Traphagen
and Robert L.
the board of directors of the company.
:
is President of the Bank of New York.
on
Vice-President and
A
resignation
and
election
Stevens
p.
v
,
the
and
Charles A. Bigelow from the
announced.
Mr.
Bigelow, who is also a
elected to succeed Judge Rheuby on the
the
committee
Vice-President,
finance
business.
retirement
at Copper
Cliff since 1911 with the exception of a three-year period in the labt
Woi-ld War when he was overseas with the Royal Canadian Engineers.
He was awarded the Military Medal by Canada.
He became Assistant
General Manager in Canada in 1935, Assistant Vice-President in 1940,
Gould Grant Rheuby retired from his postions as Vice-President,
director, and member of the finance committee of this company at
the meeting of the board of directors, held Jan. 27, .1943,
He had
served
the
company
since April 1, 1913, only three months after
it
Stanley,
Traphagen
Mr
Finance Committee—
Member of
C.
include the board
of
""Represented by 1.355,668
shares.
§Less reserve of $774,501 in 1942 and $667,222 in
118,706 shares preferred and 38,958 shares common,-
New
debt
to
Medical Research.
sub¬
depreciation of
$27,664,751 in 1942 and $29,950,435 in 1941.
no
The
Dividends Declared—
Co., Inc
■
the
American
tlncluding
England,
effect
Corp.—Bonds Sold Pri¬
(N. Y.) Telephone
Tea
40 cents per
554.
membership
4,112,456
.'/.TotaV;'———————J—;$94,711,676 $75,361,385.:
subsidiaries
1,633.105
1,633,105
1 :.':;$6.57:v:^.-;( $9.08
and ail charges for repairs i
expense
■'■'
_
Jewel
Ho;:■'■V'-'VvVv:-^
giving
p.
Robert
to
v
"Including
$2.19
nounces
14,314,830
16,510,557
-Drl,577,475 Drl,577,474
-
stock':
SiTreasury
22,950~862
24,161
deposits unexpended—.
surplus
Earned
1,633,105
deducting administration
-i-
International Nickel Co. of Canada, Ltd.—Two named
to Board of Directors—
9,716,190
131,232
-
2,000,000 .:. '
—.
1513.•:.!•
155, p.
.tire
$3,576,711 $10,721,372 $14,824,053
$1.60
157,
1
conserve
.
1942,; and due Sept. 1, 1967. Proceeds will be;, used to rean equal amount of 5%
bonds, The new, issue was
sold at 971/2 and interest.—V. 156, p. 2039,:
:
:
''H'l
.
-
2,632,134'
_™„
——
■.•'■'>.
2,876,431
_
„T
Capital
V.
to
vately—The corporation in November, 1942 sold pri^ vately $1,000,000 3% first mortgage bonds, dated Sept; 1,
15,650,000
17,858,000
■■■;."l
,
1,633,105
tAfter
■
$9,619,400
16.945.850
:
-
(estimated)—..
Govt, cash
S.
accounts.
accrued
dividends
Preferred
U.
and
advances
Contract
$9,619,400
16,945.850
5,479,703
H
stock
'""Common
/
.
2,000,000
capital
efforts
*
climates.—V.
Arctic
Jamestown
.-:>•/ V.,'"
■; ;
4,127,479
in
.■
$2,607,482
'arid' maintenance.
';
-'
,
stock, ($100 par) .——__—Hi
Preferred
■
ad-s:
other
stock
"After
with- its
line
•.;■
7,605,000
6,008,000
''
per share——_
Earned
■
-
.
7,649,694
/y11 v;
V
•
2,017,617
2,754,000
—
and
In
,"l;v,-'/;•■: '*
7,953,484
'"vr*:1,
earnings
'
$94,711,676 $75,361,385
■
1,545,000
post-war
•</.
critical materials' and reduce
demands, upon shipping space,
the Army Air Coi'ps has awarded to
the above company a contract for an undisclosed number of a ne,w
; type of lightweight, portable shelters for use by Air Corps personnel
";
10,741;
255,609
1,984,674
'
;
contingencies
Net
10,742
'v"-L;r ■..■H.:}, V-.,
6X06SS
taxes
for
$1.—V. 156, p. 1775.
'
normal
P6CI4'''
justments
5,161,272
515,318
,
Fed.
profits
Prov.
_—
'X-,--"
10,309,404
6,550,332
499,908
,
for
a
Fort Atkinson, Wis,—Contract—
James Mfg. Co.,
1,364,477
1,250,257
common
declared
6
10 and Sept. .10,-50 cents each;, and Nov, 25,
"'■.T
^
i-v ■■■.ri'H-
:■
342,839
v.
income tax
tProv*-; 'fOT"'
'
the
Feb.
on
record Feb. 26.
J
';
/;/".;1'--1
,-■
255,610
126,837,
—_—7,606/616
.
,
284,944
redeem,
on
•■■■"!.'"■.,
.■■;
.
2,087,703
147,327
10,763,696
155,726
22,809,890
securities:;—^.!,
serial
-unamort.
bds.
'■Prov.
105,428
companies.,
cash deposits unexpended
XI.
&
and
:
,
U,
:■ '
•
'
dividend of 50 cents per share
stock, no .par value, payable March 10 to; holders 6f
Payments during 1942 wex-e as follows: March 10, June
directors
The
on
.
Deprec, of plants and
deplet. of minerals-.
9,674,548
2,132,710
—
—,——ry-
157, p. 474.
Subs.)—Earnings—
™—_
Premium
_—__—^w„
receivable
Jaeger Machine Co,^-50-Cent Diviend—
(
1942—3 Mos.—1941
1942—Year—1941
/
$11,534,739 $12,060,062 $46,046,722 $47,103,965
31—
_
bonds
on
notes
.
"* ','"1"V' *"1942
* ■ t!94l
property$19,026,472 $20,740,937
'5,000,000
5,000,000
hand and on deposit
9,942,428
23,580,3l2
assets
stated.—V.
income
Int.
,
on
announcement
Inland Steel Co. (&
Assets—"''
Accounts
head since its. formationResponsibility: for the
of the logistics program in
the various 'IBM plants
given to the'heads of the plant organizations, under C. A:
Vice-President in charge of manufacturing, at Endicott, N. Y;;
r
tPlants and
Goodwill
Cash
directing
been
-TCirk,
Consolidated Balance Sheet, Dec. 31
Other
its
administration
■
■
Note—The
in
to
inability
of
Canada, England and
in
construction
for
Monday, February 15, 1943
applicable to prior* periods in 194l2.
Profit
Z
Ly
$2,550,257
$4,234,599 $10,020,443 $16,274,983
."Subject to annual audit and adjustment,
penses
incident to
tAfter deducting all ex¬
operations, including, provision of $1,000,000
and $2,000,000 \in 1941.—V. 157, p./ 554.
contingencies "in 1942
(Continued
on
page
640)
for
'
.
\
Volume
157
*
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
Stock and Bond Sales
DAILY
New York Stock
«»
WEEKLY
-
NOTICE—Cash and deferred delivery eales are disregarded in the day's range, unless they are the only
United States Government Securities
Below
furnish
we
a
Figures after decimal point represent
week.
Feb. 8
Feb. 6
Daily Record of U. 8. Bond Prices
'High
Treasury
LOW;
Feb. 0
'w—v
■
Feb. 10
'
"
[Close
,
—-
" „
; -
Total sales In $1,000 units——. ;
'High
■
—-
Close
■
—
—
Close
'/•
:
—
V. V:.
V
-——Low
100.28
100.28
—
'
.
'
—
—
'
'"
—■
—
-■j Low-
—
.
:
1951-53—————j
2V4S,
'.
■■■■
—
—
.
—
.
(High
101.25
1952-55—-!.—:—Low
101.25
[Close
2 Vis,
■
101.25
:
—
Total sales in $1,000 units—
-
.
,
•;
:
:
aVis, 1954-56
.
[Close
Total sales in $1,000 units
[High
High
[Hi{
1947—•
2s,
.{ Low
[Close
[Close
[High
Hlgn
2si, March 1948-50.
Low
LOW
[Close
Close
Total sales in $1,000 units—
units—"
High
——.—Low
High
2s, Dec. ,1948-50
Low
3s, 1951-55—
[Close
Close
Total sales In $1,000 units
Total sales in $1,000 units——
■
:v...v/.[High
2s, June; 1949-51——————Low
(High
Low
2%s, 1955-60.
[Close
units—,
[Close
-
■
Holiday
2% s, 1945-47.
2s,
Sept.,
1949-1951——
\ Low
[Close
Close
Total sales In $1,000 units-.
Total sales in $1,000 units——.—
[Higtr
LOW
107.10
[Close
—
(High
—{ Low
107.10
107.10
—,
Total sales In $1,000 units———,
.
2s, Dec., 1949-1951—
[Close
Total sales in $1,000 units——
1
(High
1
2%s, 1951-54.
Holiday
(High
Low
——
(High
.( Low
1950-52————
2s,
Low
[Close
(Close
Total sales in $1,000 units——
Total sales in $1,000 units
...
(High-
■
1951-55———.
2a,
LOW
2%s, 1956-59.
—( Low
[Close
(Close
Total sales In $1,000 units
Total sales in $1,000 units
1
2s,
Low
1953-55_—
Plficd
Total sales in $1,000 units——
Total sales in $1,000 units——i
2%s, 1960-65.
—
109.8
l%s,
109.8
{Close:
:•
:
20
High
3
Close
f High
Total sales in $1,000 units
Low
1944-49——
—
Close
.
...
Low
•
•
■
•Total sales in $1,000 units
—j LOW
.
High
(High
3s,
—
f High
2%s, 1949-53. ——,——
>
Total sales in $1,000 units—.
(Close
'
'.'!
1'
Close
( Low
1948—
'
■
Vis, 1944-64
Total sales in $1,000 units-
2%s,
1948
-r;./
Federal Farm Mortgage
Low
1945—
2%s,
(High
Low
I Close
Total sales In $1,000 units—
109.8
(Higb
( :LOW;
units.——it
Total sales in $1,000
——
(High ;
————{ Low
[Close
Hign
2%s» 1958-63.
■
Total sales In $1,000 units—
—
'High
2%s» 1948-51. ;
■
Total sales in $1,000 units
3s, 1946-48—
Total sales in $1,000
Low
■
Total sales In $1,000 units-:—
;
5
Low
■
—
Total sales in $1,000 units.
Total sales in $1,000
;
(High
■
-V
—
$1,000 units———
;
»—'
.
—
—.
■
5
Low
[Close
Total sales in
.:i;:
.
•
(High
v
.
—
—
f High
.
—
'
Total sales in $1,000 units———
..
.
[Close
\ Low
[Close
—
.....
—
—
100.17
4
——/,
Close
3%s, 1949-52.
100.28
:
.
[ High
Total sales In $1,000 units
100.18
High
;'7- %—V";,:v
^
Total sales In $1,000 units—,—__
3VaS, 1946-49.
[Close
—
,,
'High
:
100.18
2VaS, 1967-72-
Total sales in $1,000 units—•/"
Feb. 12
2
units-——-
Total sales in $1,000 units—.
—
W.'
Low
in $1,00
sales
(High
1963-1968———{ Low
-
—.«■
Feb. 11
100.19
.
LOW
3%s. 1943-45.
'
.
-//.."
■
■
Feb. 10
100.19
—
[Close
\
.•
'High.
33/sS, 1943-47.
Total
;2'/aS,
—
units—"
Feb. »
100.19
i Low
[Close
; —•". " ' — .•
' '•
O-v--—
'•
' .' ;w•
-
'
■Low
•'
f High
214 s, 1962-67—
-V.
■
Feb. 8
Total sales in $1,000 units———
:,V—. ;
Low;
4s, 1944-54—.
the New York
on
■;
(High
2'/as. 1956-58—{ Low
[Close
■
—
...
Feb. 6
Daily Record of II. S. Bond Prices
' ;
;
32d of a point (See note below).
one or more
'
.'//
for the year.
range
the New York Stock Exchange
on
'
—
v.'-----
—
■
■■
{High ■
..
YEARLY
-
transactions of the day. No account Is taken of such sales In computing the
Feb. 12
-y1.
...
Total sales In $1,000 units——— ;■:/ /—
3%s, 1946-56.
Feb. 11
—
—
Close.-.
4%s, 1947-52
3%s, 1944-46.
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds
Stock Exchange during the current
Total sales In $1,000
605
High
Home Owners' Loan
[Close
3s, series A,
Low
1944-52
Total sales in $1,000 units—-.-
Close
■
rmgh
Total sales in $1,000 units——
2%S, 1950-52.
[High
(Close
I'/aS, 1945-47————■
Total sales in $1,000 units—--.
Treasury
v.,;-;;':;
2%S, 1952-54,
Low
[Close
Total sales in $1,000 units
(High
*Odd lot sales. iSale of
[Close
registered bonds, all others are coupon issues.
Total sales in $1,000 units
NEW YORK STOCK
RECORD
LOW AND HIGH SALE PRICES
Monday
Feb. 6
$ per share
>5514
*55%
112
*36'4
Feb.9
# per snare
5614
*110
Tuesday
Feb. 8
Returdsy
112
57%
112
57%
112
57
57
112
*110
.
I per share
4 %
preferred-—-—;
—1Q0
*36%
38%
*45
46%
Acme Steel
111
Abraham & Straus—.w———No par
46%
40
70
16%
40
*65
70
8%
8%
26%
26%
16%
16%
16%
17%
17%
18%
39%
16 Vi
39%
16%
*39%
8%
*25%
26
4OV4
40y4
40%
39%
39%
*65
4
*84 Vz
88
*86
1
1
1
1
7%
7%
7%
7%
7%
*65
1
73/4
7%
7
7%
17
17%
21%
21%
17
21%
22
12%
17 !a
17%
7%
.76
17%
21%
69
*7%
#151
.
3%
*87
7
.
*64
7%
*11%
89
*16%
,
69
151
3%
*65
7%
151
7%
150
*11%
12%
*11%
171/4
17%
17%
.
7
7%
7
3%
70
3%
90
*86
90
*86
7%'
7%
7%
17%
17%
17%
1,100
21%
22%
22
22V4
,11,400
7%
150%
*65
7%
•
150
12
17%
*65
69
•
7%
149
11%
11%
*17%
17%
7
6%
7
69
7%
7%
151
900
149
*11%
•
'
1,200
12%.
*17%
7
'
177%
7%
•
Adams-Mills
100
Alaska
75%
29%
30%
*18%
19%
18%
18%
*18%
19
19 Vb
191%
*1%
1%
IV4
*16
16%
*14%
73
73%
72%
73
73
73
24%
24%
25
25
25
2514
54
54
*1%
*15
54
1%
15%
55%
*
*
*75
303's
19%
1 %
1%
1%
16%
16%
*151/2
*73
25V4
56
76
30%
Gold
Chemical
Allied Kid Co
&
Dye—No par
5
—
9,200
Allied Stores
200
19%
11,700
1,000
1%
800
16'A
100
73V1»
73%
1,000
25%
25%
2,000
55%
56%
8,100
5%
.
Corp——-—NO par
preferred
———
.109
Allis-Chalmers Mfg———-No par
Alpha-Portland Cem——-No par
Amalgam Leather Co Inc——1
6% conv preferred——.—.-50
Amerada Petro Corp——No par
Am Agric Chem COel)—:
No par
American Airlines tnc
——10
,
.
Jan
Jan
5% Jan
5% Jan
13
Jan
...18% Jan
64
Jan
85
.
'
7
10% Jan.
16% Jan
.May
5
Highest
$ per share
51%
Dec
Mar
113
May
43
46% Jan
25
39
Sep
48%
Jan
6
2
8 ;
9% Feb
27
Jan
18 % Feb
11
5%
Apr
8%
Nov
7
18%
Jun
26%
Dec
Dec
8
42
7
25
11
2
2
11
2
15
9
8
4
6% Jan 2
73% Jan 7.
26VaJan 7.
17% Jan 7
% Jan 13
13% Jan 20
x67
Jah 14
23
Jan 2
52
Jan 21
37
31
Jan 19,
140% Jan
63
I per share
104
Jan 28
3% Jan
Min—10
Allied Mills Co Inc———No par
25%
,
Juneau
.
Allied
67
Vicksburg Ry Co_^—100
1,100
74
57 %
par
Albany. & Susq RR Co—
100
Allegheny Corp.'
;—No par
5%% pf A with $30 war——-100
5%% pf A without war
;__100
$2.50 prior conv preferred-No par
Alghny laid Stl Corp———No par
Alleg & West Ry 6% gtd——100
Allen Industries Inc———-1
'
75%
29%
1,600
17%
75%
635.
3,900
17%'
291/4
54%
.
22
69
*751/8
page
10,400
16,006
1
7%
Adams
Ala &
;
8
29%
53%
38% Jan
89
II
7%
75%
see
4%
1
.7%
75%
For footnote-
Reduction Inc_———No
70
8
1
:
29%
1V4
Air
,100
3%
29%
16 1/4
3,100
9,000
*65
4
2914
.
2,700
7% Jan
25% Feb
14% Jan
9%
261/2
t per share
1942
13
35% Jan 23
41% Jan
5
Co—————25
Lowest
112
Jan
36Va Jan
Jan 25
Express——————No par
Corp——-No par
Address-Mutigr Corp„——
10
9
*26
"
70
3%
3%
9
26%
4
51% Jan
Abbott Laboratories———No par
20
38%
*65
*75
•
*36%
*251/4
7
400
571/2
112
*45
26%
7Vz
Par
Shares
46
*25%
151
I per share
Year
Range Since January 1
Lowest
Highest
39
8%
*64
Range for Previous
'
*44%
46 %
8%
•7%
/
*36%
*44%
1
share
57
mo
...
EXCHANGE
37%
8%
•7%
< per
STOCKS
NEW YORK STOCK
*36%
45%
16%
I per share
'
Sales for
the Week
38%
83/4
*44 >4
*56
Feb. 11
Friday
Feb. 12
Thursday
Feb.10
I per share
*110
.'
Wednesday
Jan 27
11
Jan 22
67% Jan 28
4% Jan 14
Jan 25
l'/sFeb 2
2
8% Feb
2
8% Feb
18
Feb 1
22% Feb 10
64
Jan 15
85
7"% Jan
153% Feb
4
2
11% Jan 25
18% Jan 29
7% Jan 26
75% Feb; 10
30% Feb 11
.19% Jan 26
1% Jan 30
16% Feb ,5
74
Feb 5
25% Jan 26
57y»i'eb 10
Dec
Jan
Mar
16%
29%
Apr
41%
61
Jan
69
1% Mar
4
10
69% July
!36 Jan
Dec
Oct
1
Nov
94%
Feb
%
Oct
3%
Apr
6%
Nov
3%
Apr
6% Nov
17
Jan
May
22%
Jan
57% Nov
73%
Feb
7%
Dec
9%
16
Jun
3%
Apr
118 %
Apr
May
.149
Jan
12%
Jan
11"% Apr
4
Apr
16%
Nov
6%
Nov
64
July
81
Jan
22
Apr
30%
Jan
14%
Apr
19% Nov
10
U AuS
1%
11
Dec
18%
43
Mar
70%
Oct
18% Jun
24
Nov
25% Apr
58%
Dec
Jan
Jan
CHRONICLE:
THE COMMERCIAL & FINANCIAL
606
LOW
per
f
share
1
share
n»r
S
share
per
Sales
the Week
s
»
share
per
•10%
10V4
10%
10%
10 vz,
10¥B
10¥a
10%
10%
48
48
48
48
48
48
48
48
Ve
'5%
6
5%
5 3/Z
34%
35
34%
34%
34 V8
6
'128 %
129
128 %
4%
'174 >/4
29 V8
71%
175
174%
28%
72%
19%
'108%
97 V2
,
.96 V4.
22
7
7
'6%
7 'A
16
163/4
16%
.
22
,
"
'
.
17
17%
¥4
100
'99%
100 V4
'99'/a
100 Vb
99 Vb
99 Vb
99%
16 Va
16%
16%
16%
16 Va
16 Va
16%
2VZ
2'/4
2%
25% :
25
2%
2 %
2%
2%
7
"?
'
50
'50
50 %
*49 VZ
50%
7.
*6%
:
51
'
7%''
7%
7%
'/a'
43%
'.'42%
44
43%
34
43
34
2%
3
"2%
36
3
'34%
'34%
36
*34%
*54%
'3%
3%
41%
.
34
5%
5%
5%
*6%
7
*4<t '/4
,
13 VZ
13%
13%
*7%
7%
7%
22%
21%
.
125
29
'117%
1%
21%
21
'117%
1%
1%
'6%
.
1
.
American
7 •'
8%
; "lO
83%
84
*
r,
13%
7-a
*21%
•:
22 %
22%
*118
■
29 VZ
1%
1 %
1%
1%
24
23%
23%
23'%
23%
23%
24%
23%
24%
4.800
20%
19%
20%
19%
19%
20
20%
20
20%
7%
9,400
7%
7%
7%
7%
7%
'155
160
'154%
160
7%,
7%
7%
160
32,700
160
*155
160
'155
11%
11%
11%
11%
11%
11%
11%
11%
xllVZ
11¥,
9,800
60
Va
6OV2
60
60 %
60%
61%
61
61%
.61'%
61%
Amer
10%
J.0%
10%
10%
10%
10%
10%
10%
'13%
13%
13%
13%
13
29%
29%
29%
29%
29
29%
39%
39
39%
150%
148
148%
39%
'148
'144
150
'144
22%
12%
'13 Va
13%
19%
19%
24%
2^4
24%
132%
51 %
51%
52
51%
52%
51%
52 %
52%
52%
7,600
VZ
4 VB
*60 VZ
61%
61 Va
61V3
4%
434
4 %
61 Va
4¥4 ''
4%
4
60 %
61
4%
4%
48%
*47%
26 V»
26 VZ
V
4%
1
..
26%
26 VZ
26%
253Z
17 VZ
61
-
,
^
115 ■¥.
*11%
us
2%
;
115
*112
.26%
18
.*112
*11%
11%
11%
11¥b
2%
23Z
2%
2%
*
37
37
;
37
37
3%
110
110
3 3Z
52 •/■// '</:■
*51%
.
55
*49
33
33%
*
,
7 Va
%
;
52 VZ
55
VZ
11%
2%
*33%
52
34
;
«■
,
f
7
VZ
7¥a
T-__'
'
A
78 ;'%:/■■,
*76
78
*77
*65
70
*66 Va
72
:/;
78
*66
30%;
*29%
*29%
46%
46 Vb
71%
72
102
¥4
*74
72%
*66
:
:
"-'V T-w
."
-*-r
>
•:
'■:■
i.
/V"
78
"
*29%
2,700
;•
101%
101%
46 »A
47
46 Va
46%
72%
73%
/.;.:. 73%
V' /A-—'
■
30%
102
I'/,
-
72
27
T
VZ
.
28
iL2
27 %
27%
22
*46
48
;
7.3 VZ
28 VZ
27%
/;. 27%'
.1'
22%
22%;
233b
48 %
48% %
48 VZ
49
49 3Z
-T. —A.
,f
21 VZ
213Z
21%
21%
21%
22
21%
108 3Z
108 Va
108%
*108 VZ
111%
*108'A
22%
.
1,100
*51 VZ
59 ¥4
59 ¥4
*59VZ
8
8%
V4
X8VZ
34
35%
52
*51
52
A.;,
*51
60
61
63
63
62
*114
118
*114
118
*114
8%
3%
3%
3%
34 %
59 3Z
*8V'B
8%
*51 Va
52
118
*11.4
117
*8%
8V4
*108%
—
,
•
^
500
L
3,800
_.;
111 VZ
8%
*8
*3
3%
34
%
*8 Vb
3%.
*3VB
34%
*34
*34
8VZ
8%
*3 VB
3%
35
33Z
3%
3%
3%:
3%
3 3A
34
"/ 3%
3%
Jun
Feb
10
16%
Jun
8%
52
•,
62 Va
JT
700
5%
•'
■
400
.
•
3%
J.'
i_
—
34
■
A.-*,,'
Atch
5%
■'
4VZ
Fob
-
33%
30
115% Jan
8
119
Jan
26
4% Feb
11
Jan
61% Feb
Jan
55
:
120
3%
22
Jan
Apr
134%
Jan
Apr
49%
Jan
Apr
50%
Jan
143%
Jan
7%
Nov
;33%
Dec
Apr
Apr
116%
1%
Jan
4
108% May
Nov
Apr
70 Ve
Feb
3%
Dec
5%
Jan
51%
Dec
76%
Jan
5%
Jan
39
8
Jan
V
26
22
5
Jan
Apr
34%
27
63% Jan
3% Jan
55% Jan
Aug
3 Va
Apr
42% Jan
11
48% Feb
10
38%
Jun
50
Jan
24% Jan
2
27% Jan
30
22% May
28%
Jan
Jan
4
26% Feb
1
24
Dec
30
Jan
Feb
10
12% Mar
17
Jan
Jan
12
11% Feb
10
4
Mining
Cable———No
&
142
3% Jan
par
Aug
17 Va
101 VA
22
_^_100
23
10
Jan
-No par
Jan
11
8% Jan
par
97%
12
35
Corp—,—,——14
— 100
Oct
Jan
Jan
6
Feb
12
12
21V4
78% Mar
1
2
32
Oct
Nov
Mar
7%
15
24% Feb
135
21%
Jan
Nov
Mar
24
par
Jan
•
5 Va Jan
16 Va Jan
111'% Jan
5
18
20
112
Mining—,^v—-'—x20
10% Jan
13
1% Jan
5
2% Feb
11
37% Feb
107
V
1
11
108 Va Jan
2
UOV/ Feb
12 V/
Mar
27%
102
1
112% Mar
May
7% May
11
Jan
34
gtd_.100
pf 7%
27
Oct
■,,V 1% July
Dec
36
Apr
111% Mar
Sep
4 Va Feb
11
4 Vb
Jatt
53% Feb
10
42
Sep
67%
Feb
51
Jail
30
40 Va
Oct
66
2
34% Jan
30
21
Jan
33%
Dec
6% Jan
9
71* Jan
19
5% Mar
8V4
Nov
4% Jan
7
5% Feb
6
6% Jan
4
7% Jan
22
72 ¥2 Jan
11
Jan
30
59
Jan
7
66% Jan
27
Co;.;—..No par
29
Jan
5
29% Jan
29
100
Coast
3
5 %
49
Jan
20
30
Jan
preferred
82
61% Mar
Oct
July
6%
Apr
Jan
77%
Jan
53
Jun
83
Jatt I
20
/
Jan
28%
Dec
100%
Dec
,
Jan
4
Feb
2
81%
Jan
,7
49% Jan
19
27%
Jan
53
Oct
2
73% Feb
10
60 V»
Jun
72%
Oct
13
29
Feb
1
19%
Jun
Jan
8
24
Feb
11
16%
Jun
50
Feb
11
33
22
44
Jan
4
18%
Jan
7
.
102
Feb
10
19
6% Jan
4
8% Feb
50% Jan
14
Oct
34
Jan
; 45 Va
Jan
Apr
23'A
Jan
109%
14 3a
1
108% Feb
34 Va
,
99% July
6% Sep
10
108% Jan
■
,
51% Jan 28
;
:
Mar
Feb
7
46% Apr
Jan
51
/
Dec
I'.No
par
52
Jan
9
63
Feb
10
43
May
70
Jan
.100
113
Jan
12
115
Jan
13
111
May
U6
Jan
7% Jan
7
8% Feb
11
7
Apr
9%
7
3% Feb
5
1%
Apr
3%
5
Feb
1
15%
Apr
4% Feb
11
2%
Jun
•
par
No
par
2% Jan
No
Nichols,,
$5
prior A.*——
Aviation Corp of Del
79
4%
Apr
% May
4 %
Jan
26% Jan
..50
-No
preferred,,—,—
Atlas Tack Corp,———
2%
Sep
66 v Jan
.100
—
Powder,,1
2%
44% Jan
19
...5
/..
79
.,25
pref series A—/
conv
2
.100
Lines—
Refining—,,——
Corp—j—-/,
Atlas
2
Jan
-1
preferred.,—
conv
Jan
46-
RR^,_—/;,100
Line
& .W 1 S3
Atl G
Atlantic
Austin
80,500
'—
<<v
93
14
W
Si
Atlantic
150
^^
■
36 V/
144
Dec
100
100
preferred-———;/•_,100
300
w
-
5
preferred 1/
Topeka & Santa Fe..
5%
8%
Jan
91
Paper Co Inc;;—,—,—-5
Daniels Midl'd—-U-1.N0 par
6 %'
VT 'r--.'
11
148 Vi
Apr
94b
11
'17%
29
30
19% Feb
Jan
(Del)
4%
118
12% Feb
14% Jan
of Illinois,——5
9,900
'•i—a.-
8
2
14
6% Jan
Co
Atlas
'
3%
136 Va
129% Jan
Co
100
-
'
52
*51V*
*114
8 Vb
111%
132 Vis May
9
100
'
8Va
8 Vb
8¥a
j 4,300
/•v...'. ';/%;■•
22
.
5
26
Feb
2
No
Jan
Jan
52% Feb
No
Jan
43
Feb
2
Elec
35%
35% May
43 % Jan
&
-14%
2
30
25
Wks
Feb
May
Feb
Jan
preferred,/—No par
7%; preferred,,_;_;,100
Armstrong Cork CO—„__No par
Arnold Constable Corp———
5
Artloom Corp.,
No par
7 %
preferred,,—
—100
Associated Dry Goods———1
"■
6 %
l.st'prefei'red.—100
7% '2d preferred,
—^^,,100
160
>3,000
://■;; rT //T-
'
*8
W
6%
24
30
52% Feb
Viscose
Oct
40% Jan
"
Jan
Nov
5
1
Jan
■
9%
7
2
:
•12
4% Mar
2
13% Jan
165
-
Apr
Jan
•
Jan
$6 conv prior
12,300
'. •.'
••
50
21%
22'A
5
6% Nov
59 Va
52%
11
2
Assoc Investment
i
,
v
v.
24
22
*46
10% Feb
14
Armour &
"f;- ;,:v J
1.
Z8
*21%
Va
.
1,300
;• ion
1,200
; !;/. .f
?vz.;
*46
108
•!.'
VTT
7%
101 %
30%
;/•,
5%,
*74
/
6
9 Va May.
>
9
42% Jan
Armour
300
1,700
99
7 vz
72
*29 VZ
46 ¥b
7.2%
78
*66 "
102
46 Va
7 Vb
*89
*21%
*
P
"
V
28
*27Va
46
71%
47 V»
71%
4
30%
*29%
30%
105
•102
105
*102
.
72
i
24,800
"
7%
6IV2 Feb
Corp,:
12.50
preferred,,;
—No par
div
Archer
V 600
(
34 VZ
*5
5%
v-'
1'
a
59 /■
34 VZ
*
2
21% Jan
Andes- Copper
2,400
53
*50
.
99
"
7¥b
•
*76
*89
;
■■;■;■
7Va
7Vs
99
4 V
3
10
'
12
Anchor. Hdck Glass
loo
'•
,'•! V
37 VZ
53
34%
*5
5V8
"
*89
7VZ
71/4
34 VA
7Va
5
5%
99
*87
7V4
*7
7Vb
7 Vb
*5
5%
.59
*50
34'A
2
Jan
145
prior conv preferred——_25
$5
110%
3%
53%
52 V2
55
37
;v
4
3¥b
Jun
Feb
11% Feb
154
3
.
127% Jan
preferred—
Anaconda
2,300
;-T
fjp*,
*110
110%
*110
3%
*49«
34
99
7VZ
51%
049
:
7%
5 V«
*87
3¥b
52%
3%
•
37 VA
*36%
37
110
'
142%
Feb
par
Tobacco.—.No
preferred
'
HO
37
110
3%
Apr
37 VB Jan
Refining——..g-lOO
Anaconda Copper
■'
*109
Apr
3%
11% Jan
1st preferred——
Woolen
$5
150
.
..;-a a*.'•
i**
r]
•
2%
11
■
Jan
12 Va
11
27
Amer Zinc Lead & Smelt———-1
18,400
;
*
us
:
Jan
22
1
7% Feb
par
Preferred
600
1
.
,18
*112
'
18
115
2l/4
2
-B
26%
26'A
17%
17%
.
26-%
26 VZ
11%
'llVa
llVa
2 VZ
*112
*17
—
26%
26 Va
12% Jan
par
100
Water
$6
7,200
49
*4^ 'Z
Apr
8% Jan
Co_:—•—...No par
American
1,300
w
5%;'
5
5 Ve
48%
t
•
26
25%
Am
4.800
'
1
26%
26%
25 ¥a
17 VZ
16%
*112
26%
25 3Z
17
*25%
48%
15 Vb
20% Feb
54
Type Foundries Inc/-;——_10
5 %
400
.1
:
-
..
61
'
48 >/«
*46
2
—1:00
Tobacco^—-25
American
200
24,400
-
61 VZ
4%
61%
4¥b
48%
5
;
4%
61 %
t6%
Amer
"
4%
60s/8
60%
4V8
47%
4%'
Jan
2
19% Jan
Common class B./_„1
5,100
34%'
4¥b
45/a
4VZ
Jan
12
4
,10 Vis Jan
Telep & Teleg Co
American
4,000
119
119
120
'119
26%
Va Mar
6% Jan
-
Feb
119
Feb
21% May
24% Feb
par
Sumatra
Amer
330
8%
•:
34%
34%
34%
119
60%
5
'34%
119
4 Vb
VZ
61
4 Vb
34 %
34%;
139%
139
Am
800
9,300
113%
2
Foundries——No
Preferred
1,400
52
J
25
134%
Nov
16 V2 Jan
preferred-—1_—u_100
Steel
96
24%
Dec
7%
23% Mar
2
23
132%
12%
11
6
131%
Jan
NOV
Apr
14
41
6.
9'/a
Feb
120
146
300
10 %
91
,29'% Jan
150
Amer
65
13% Jan
154
Nov
Jun
Jun
6'A
v
1% Feb
4
Jan
2
10
40'A
35 % Mar
9
45% Feb
2
'24%
119
Jan
Feb
'95%
8
7
35% Jan
24%
7%
Oct
iVJan
—
American Sugar
139%
4%
x26
Ship Building Co——No par
?,000
7%
2
llG'/i Jan. 29
/
par
Razor——-18.50
19%
139%
Nov
7% Feb
39% Jan
preferred:.——--—100
96
.
5%
Apr
19%
r<"%
Apr
May
—,
Dec
2%
144% Feb
;
37
10
American Snuff,,,——25
8,400
Jan
Mar
29
42
JHii
4
96
140
May
25
Jan
6% Feb
5 % Jan
,
16
19%
132%
2
1 Va
16
3% Jan
Jan
Oct
4 % Jan
3 tlM
19
96 %
..7%
5? % J'* n
22
19%
*24%
Dec
8% Jan
19%
24%
56
22 % Jan
Stove
133
Apr
V 390
150
'146
150
Sep
"<■ 600
■
97%
34
4%
61
40 %
32%
4
No
Jan
X36%
11
News .Co—'—/.,
Oct
3%
21
Smelting & Refg.-—_—No par
t Preferred
100
131%
'118%
61
4%
■
40
147%
40%"
147
,
55% Jan w4
'
39%
:
40%
% Jun
35
2 Vb May
Dec-
36%
35% Jan
5
Jan
2
•
7% Feb
Stores—-—r--—No
139
10
201/4 Jan
American
x51%
25
3% Feb
par
.No
American
.
34% Jan
No par
Fdy Co.;
Metals.;
f 900
7%r
8
4
10
1,200
140
Jan
13% Feb
13%
7%
42%
7
12%
51%
Jan
12% Jan
13%
139%
Jan
10%
25
26
12%
8
1V2
29
26
22%
140
1
45 V/Jan
9% Jan
13%
X51
9% Feb
6
35
oMll——1 »•
12%
97
6
Jan
par
23
7%
*59%
8,600
40%
147 %
'146
Jan
32
:izi5o
13%
.19
7
8%
2% Jan
.—-—No
Dec
2
\
39
SS Co— .—10
12 %
51%
4
Dec
Dec
22 34
139 %
4 >4
49 Vt
13%
52
34
Jan
Power-A^Light—— No par
Amer
24%
119
18%
12 %
51%
34
11
22%'
51%
'118%
Feb
12%
52
.
53
22 Va
51%
'50%
18
Amer
131%
•
131% j
131
46 Vb Jan
'13%
19
'95%
97%
'95'/a
pur
12%
'18%
■
No
13%
12%
'13
.
1 800
40%
146
Jan
23
22%
22%
22%
'12%
146
145%
1,400
29 '/a
147
41
Jun
3*3
Seating Co-—No
*13%
39%"'
148
'39%
16%
1
American
13%
29%
Dec
11
85% Jan
conv
Nov
19
Feb
Feb
Safety
13 %
7%
25%
3% May,,
Jan
3
American
29%
Nov
2
%y»
13 Va
Nov
,3
7
Rad & Stand. San'y
29
39%
33%
148
40%
40%
40V4
'39%
'10%
Dec
16 V/
Jan
27
preferred——
_No par
preferred——————_No par
..No par
/' Preferred /—/;;/—100
American Rolling Mill——-25
1,100
10%
13%"
1001/4
%
2
$5
4
May
7 Va Mar
92
11
8
".$6
1,740
Jan
Ltd—,,.
..No par
preferred—100
6 %
Aiii
Dec
20
American
Oct
7%
.22%
3
16
2% Feb
18
Dec
21
Metals-Co
Amer
21.300
Jan
3% May
14
7:% Jan
&
"
Dec
11
% Feb
17% Jan
6% Jar/
%-lf>0
Corp,———_Na par
tfe
240
Mar
103
81 Va Jan
Mach
/ ;
29 V4
110
Mar
100
Mach
Jan
May
May
69
-1% Jan
preferred—*t-50
Amer
j 800
125
29 %
20 %
16
105
Locomotive,;'— J,—No*pur
Amer
700
Jan
24% Jan
Preferred
700
Jan
73'%
22
Jan
8
Leather,,
In vest- Cu
.
.conv'
f
7%
125
5%
American
4,400
13%
7%
.
/'
t
5,700
9
33
par
preferred—
Internat
May
55 '/a May
~No
Power,,—
-cum
Oct
20
1
7% Feb
2
..No par
Sees
Ice—/—
6% 11011
Amer
Feb
20
1
26
1% Jan
preferred.—
conv
Dec
Dec
"
15% Jan
Export Lines Inc
&
3%
74%
Apr
Apr
176
2
99
For'n
Feb
Mar
,;
28
101 Vb Jan
Tiling
Oct
Jan
159
11
109% Jan
4
Home, Products-:———;,.l
23%
7%
20% Feb
28
American
600
20V4
4154
5
109% Jan
96
Feb
American
49%
'45 Va
29 Vb
1%
18% Jail
100
6% Jan
33
'130%
15
par
900
6,400
13%
22 %
6
;
preferred———
6%
6%
6 VZ
83 %
'118
4
72% Feb
27
Hide
i
7%
%
29 % Feb
5
1,100
13%
29%
29%
6
Jail
97 Va Jan
Hawaiian
41%:
9%
83
125
21%"
125
1%
1%
7%
29%
'29
29%
83%'
13%"
"7%
7%.
7
Vi Jan
65
"
49
8"%
13%
13%
.
'6%
•v
9
24
80
..No
Inc—
Encaustic
American
-
6%
'45%
7
45%
'82
831.4
82 %
22V4
6%
•8%
1
par
1 Vb
56%
3
176% Feb
2
18
American
•
3%
3%
'40%
41
6
6%
45%
9
84 VB
'1)71/8
'
48
8%
:
7
<-441/2
;
■■ ■:
9%
84 '/s
5%
5%
2§
Feb
9
2
i 900
:
55
55
•!
3 %
3%
41
4% Jan
Jan
$7 2d preferred A,—„. „Nn pur
No par
35%;
*34%
55
x55
41
'6%
47
9
'40
41
4
20
71% Jan
19-% Feb
7'V 6,700
3%
1
40
127% Jail
Apr
$6 preferred—
1,300
'
34
3%
35%
*34%
Apr
14% Jan
&
$7
4,700
8%
34
.
3
3
54%
3 %"
'3%
3%
*33%
*
2%
23
120
—
Amer
1,500
45
44
44
36
54%
54%
54%
55
3 %
41%
■34
43 Va
8
12
of Allegh Co N J
25
Colortype Co—„ .—10
American
11,000
2
Feb
,100
preferred-
Amer European
2,300
53
8%
8%
8'4
43%'
*33%
3
34
'33%
8%
7%
7%
6%
Affle'
.
'
:
2%
:. 52%
51 Va
51V4
(
27 K
2%
2%
2¥a
2%-
7
'
/ 26
6% Jan
Jan
'
'
Nov
10
Crystal Sugar,—
100
1st preferred,——-—
—20
Distilling Cd:———
American
4,200
2%
2%
*6%
v.
26
*25 ¥4
26V4
•; *251/4
2%
2 Vb
2V4
'2%
*6%
7
'6%
.
25%
,
2%
2%
7
Va
25%
20
600
Oct
49
6 Vb
35
Co
American
i
9'A
Apr
3% Mar
130
American
16%
I6V4
16%
Jan
38%
2
American Chicle,——— .No par
.
5%
5
Feb
173
..No
Fdy
Cable
5
48
3% Jan
——_
&
conv
500
«
99 y8
16
15%
&
t
10% Feb
5
4
II——25
—
——100
Car
Chain
5 %
8,500
17%
16 VZ
'15%
*6
T
7%
—-
per share
5
Jan
27% Jan
par
Radio Corp,
&
Highest
S
I per share
4% Jan
No
Fdy
Can,—
Am Coal
7%
.
Am
22
*19
7 Va
&
preferred— —100
conv
Cable
Preferred
i
600
Shoe
American
.j
96%,
96%
22
'19
7
'19
6,400
96 V*
22
'6%
20%
112
47
Lowest
I per share
share
8% Jan
10
50
t-Preferred
11,000
20%
*19
07
97 3A
*19
5%%
Amer
6,800
65%
—
Bosch. Corp
Brake
American
260
29%
*108 Va
112
'95
<■
28%
X65
20 ¥b
19%
*108 V2
20
2,500
175%
29%
71VB
Am
»
preferred;——*—
American
15,400
•
79%
.»
175%
70%
19%
79
176
V4
29
112
96%
4 VZ
79%
/' 175%
72
19%
*1083Z
97%
■
29%
71%
19%
112
•
800
4%
4%
4 VB
7914
'
78%
6%
2,000
130
'128%
130
'128%
4VZ
29
71%
19%
112
4
78%.
175
28%
72%
19%
129
129
4%
78%
%
174
176
28%
'108%
78
128 %
4
79%
4
79 Va
5%
34
34%
American'Bank Note—
250
34%
5%
6
'5%
34%
S per
Par
1942
Year
Range Since January 1.
Lowest
Highest
STOCK
YORK
EXCHANGE
1,700
48
*5%
NEW
thares
share
per
10%
*47%
34 VZ
fo"
"
Feb. 1 L
share
per
Friday
Feb. 12
Thursday
Feb.10
Previous
Range for
STOCKS
HIGH «AI.E PRICES
Wednesday
Feb. U
Feb. 8
Feb. 0
$
AND
Tuesday
Pitnrday
Monday, February 15, 1943
par
28% Jan
Jail"
...3
(The)
2
36
31
Jan
Dec
Dec
4%
Jan
14 3/4
,
Jan
B
12%
12 ¥4
12%
3%
3%
3%
7
67/B
12 ¥a
12%
4
6%
4
6%
12%
4
6 3A
6%<
13
12%
3%
12%
4
3%
6¥b
.
7
6%
,
v
9,400
4
•
—
7.
7 Vb
7 Vb
1
*6%
7 Vb
V7
7
7
43%
43%
43 %
44
X42%
42%
43
43
42
43
12 Va
12%
12'A
12 »A
12 V4
12
12 Va
12%
12 Va
7
7%
7¥a
7%
12
7%
*7
Ve
7%
7¥8
7V4
7%
,
■
7%
7%
34%
3 4'A
34%
*33%
34%
34 ¥4
34 ¥/
34%
34%
14 >A
14%
13%
14'A
13%
14 >A
14 Vb
14 ¥0
Xl4 %
14%
14%
14%,
24 VZ
24%
24%
*25
26
25%
25%
14%
105%
14¥a
*105%
110
*27%
30
*27 Va
*98
100
100
*9%
13%
36 VZ
36%
'15 'A
15%
*54%
55 3A
*26
13
For
*105%
30%
28%
*99%
9%
*9%
13%
13
*
110
28%
*27 Va
102
*100
9%
13 !A
105 %
13
'
—
—
220
.
Bath
.3.500
600
Bayuk. Cigars
100
Beatrice
9%
110
.
—
^
—
100
100
9%
12%
—_
10
30 VZ
104
VZ
^
3.900
13
36'A
36 Vt
36%
36 3 a
36%
.6,700
15%
15 VZ
*15%
15 Va
15%
15 Va
900
*54%
55%
*54%
25%
26%
55 ¥4
9¥b
58 VZ
*114
footnotes
see
*54%
25
9%
9%
58 ¥4
115 Va
page
615.
VZ
55'/a
26
9%
9%
9%
58 Vb
*
58 %
58%
59%
1.1.4 Va
115%
115 VZ
115 VZ
26
—^
;No par
II
10
1,700
Creek
—
Aircraft
Bendix
w,_—__No par
50
RR
Co———^,20
..No par
Best
---5
:
Lean
No
par
pfd $2.50 div series '38. No par
Co
—No par
&
Foods
Best
7 %
—i
Corp——
Indus
par
,.25
Aviation
Beneficial
Bethlehem
300
—No
Belding-Hemingway
Bell
8.200
59%
w
Beech-Nut Packing
4,100
10%
59
*114% 115%
■
,1
Corp
Inc,;:
Creamery,,
preferred
Beech
Pr
55%
26 Va
Iron
$5
50
—5
Co,,-
Works
14%
36 Va
25%
Oil
25%
*27 VZ
34Vt
12
5%
30
12Vb
13%
—100
10
preferred
Barnsdall
15%
25%
5%%
10,900
;—
25%
*99
10
13
Brothers
Barker
5% Jan
—
preferred
Asphalt Cqrp,,
Conv .5%
251«
*105 VZ
104
*9%
'
*
110
30%
'
36%
*54%
59
114 Va
25%
—,100
—50
preferred
Bangor & Aroostook
.4 fa
Barber
10% Jan
3% Jan
6 • Jan
Works v t c—13
Ohio—,,—100
14%
24%
*25 VZ
&
25
14%.
24%
25%
1.900
■
15%
I
'
9%
•9%
58%
14%
24%
2,400
36
'
26 ¥b
114
14%
24 ¥4
102
*9%
9%
13%
110
14%
*25
170
.
Loco
'
*34%
*24
Baltimore
1.300
•
—
Baldwin
6,500,
3,100
12%
Steel
preferred
(Del)
—
No
par
100
•
2
2
13
Feb
9%
Jun
4
Feb
2%
Jun
2
2
7
Vb Feb
4
22
7% Feb
Apr
Jan
Jan
6
44% Feb
Feb
9
12% Jan
29
7% Feb
8
Jan
23
14% Feb
5
8%
12 Vb
Jan 13
Jan
5
Jan
2
Jan
7
23 Va Jan 7
243A Jan 16
—
4% Jun
-
15l/s Jan
29
25%,Jan
30
25% Feb
8
9'A Jan 4
12
Jan
2
34% Jan 4
14
Jan 11
55% Jan 20
22% Jan
7
8% Jan
5
55% Jan
7
4
Jan
7Va' Jan
6%
36
Jan
Dec
13%
Dec
Apr
6VZ
Nov
24% Aug
33 Va
Dec
Jan
12 ¥4
Dec
Jun
18%
Jan
Apr
X23%
Nov
6V8 Mar
4%
15 Va
20
103
-
28% Feb
9
93
Jan 12
110 % Jan
35
4Ve
t.
Apr
26
Oct
Mar
105
Oct
30
Feb
28% Feb
9
23%
Jun
100
Feb
6
64
Apr
10
110¥4
Jan
Jan
15
6% May
9%
Dec
13% Jan
29
9% May
17%
Nov
36% Feb
11
28 y4 May
39%
Jan
15% Feb
3
9% May
15
V4
Nov
55% Jan
20
46 Va Mar
54
Sep
26% Feb
5
17%
Apr
24%
Jan
10% Jan
28
8l/a
Dec
8s,b
Dec
66%
Jan
60% Jan
29
115% Jan
26
49% May
105
July
121
Jan
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
HIGH SALE PRICES
LOW AND
Monday
Feb. 6
I per
thare
29
17
27%
17%
17
S
29
17
17%
17%.
7%
7
7%
7%
15%
16
10%
lOVa
95%
10%
io % •-101/4-
97
97
97
16
15%
15%
15% ; i6%:
1574"
44%
44%.
44 Va
45
44%
45
45 '
96%
93%
*92%
90
*92%
*42 V*
43%
44%
441/2
93
93%
*42%
1"9
*93
43%
43'A
,43%
19%
19%
19%
23%
23%
25%
23%
23%
24
28%
29
28%
29
29%
29%
2%
31
*2%
29%
3
*2%'.
*29%.
2%
:
*29%
30%
*29%
*29%
31
Black &
Blaw-Knox
1,100
22
'
V
*9%,
10%
9%
20%
10%
23%
23%
23%
23%
23%
23%
34%
34%
*34%
35%
*35%
35%
40%
*39%
41
*39%
41
*20%
20%
21
:
10
9%
*39
,
24. v.:
10%
ft>
»«
*1
'
•
35%
14
14
14
U
Jan
9
97
2
16% Feb
4174 Jan 13
45% Jan
Bohn Aluminum St
36
;
40
12%
36%
8 ■;;:
7%
.
*105%
7%
■
*106
107
7%
7%
107
7%
.
14%
*105%
7%
•
4,600
37
100
.
900
.
3.700
v.,
•"■"',
'
4%'
4
8%
107
21%
8V4
17
;4%
81%
81%
8%
8%
4
4%'
4
82
83
8%
8%
17%
17%
X17%
21%
21%
*21%
17%
21%
28%
27%
27%';.
22%
22%
23
X22%
2274
57.,-
X56%
56%-
27%
27%;
22%
28
22%
56% '
56%
56%
56%
57
57
*56 Va
55 Va
5574
54%
10%
55%
55%,
55%
55%'.
•54%
54%
10%
10%
54%'
10
*3%
'54%
,
10%
3%
*27%
27%
3%
3%
*46
300
17>'8
3%
3%
*47
774
9
Jan
;
-
24
33
35% Feb-
Jan
37% Jan
1
36 V8 Feb
14% Jan
-
600
27
4,700
3%
6%
6%
>21%
22
22
3%
22
3% ;
3%
10%
10%
73%
6%
6%
■
22%
22%
;
900
*47
Bush
*26%
*
27:,
6%
,3%
*3%
3%
23%
■'■3%
X6%
i
X22%
'
3%'
•
2274!
3%'
3>b
300
10%
io?«:
10%
10%
73%
74 •
74
.74
17.
1T%
*24%
24%
*53%
57
10%
11%
•74%
'74%
17%
17%
11%
2,400
1,900
'<
*24%
;
*53%
17% ■x' 17%
V
I
..
•
31%
•
25
7:.
57
*2574
i.*53%
57
>
,:
:38
514
,38
*4%
/■
•
16%
31 r.
■
31
6%
,
,
39 :
v*4%'
*
.
.90
90
29%
29%
,
3%
"135%
.
3%
,87%
•
30
.7
9074
29%
90%
29
•
•v_
■
f.
270
>
'
2974
.
1,200
.
4
,88%
■
133
*133
89%
■:
M"
:
r
1,100
'~'ix
135%:;
Oct
11%
Sep
10
1674 May
;no
25
Oct
'
19
57
Dec
Nov
5Y74
Dec
Jan
674
18
274
9%
40
Sep
22
6% Feb 10
18
Jan
24%
Oct
Sep
Feb
6%
Feb
21% July
2874 Jan
.
-3% Feb '
•
8
16
Jan
9
2274 Jart
7
25% Jan
% Jan
2
4%
11
X2274 Feb
: 19%
;
"l
,
13
Feb
Nov
314
Jan
10%
NOV
6914
Dec
95
Jan
10
Jan
17
Dec
16%
Jan
50%
14
Apr
|27
22%
Dec
53%
NOV
'
Febll
7% Feb >0
17 Vb Feb 10
7
13% Jan
;
Feb >1
"17% Jail 16
4
1574 Jan
3%
44
27« Apr
674 Mar
1
11% Feb >0.
75
Jan
Oct
21
20
2
5
•
Apr
Jan
Jan
-
•
51 1
22
3% Jan
974 Jan
'
174
Jun
Jan
;
5% Jun
1114
7%
Nov
16%
•
Jan
Nov
Dec
■
'
'6% Feb
2
9
.-,7
.
Jan
.
Apr *
1574
2774
Dec
33
7
31% Feb"
:
974
9
1714 Feb
2974 Jan 23
.
3674 Jan 21
par
3%
Jan
Aug
7% Nov
4
39
•
Feb
-
4
29% May
8
37 Va
Feb
"
■,
474 Jai|
"40
Jan
1
-10
Obio-Ry-
15% Mar
9
-
Jan
10% Jan
x85
-100
.—5
■Sla Feb >0
1'
Jan >7
374 Jan
Apr
5
77
Apr
Feb
2
22% July '
214 May
30
'
4
>8
1
•-100
7774 Jan
-100
127% Jan
6
40% Jari
21'
4% Nov
32
90% Feb
.
2574 Jan (8
,
1% Feb
.
4
Feb *
42
25
Case (J I) Co—-I———-
;
-
10
Feb
38 Va
Dec
89
Jan
2874 Nov
'
3Va Nov
'
Preferred
120
7%
72
■
133
Sep
49
Jan
Carriers & General Corp——
1,000
89% :
'.
i.
Steel.CO——„
:Carpenter
•
4
-.87%
8674
133
Mills-
Capital Admin class A—-i—.
$3 preferred A_
Carolina Clincjh St
5%
'
Cannon
.
Dec
10
53
2% Jart
25
200
/
.90%,
Dec
5
674 Jart
400
46
,
3%
85 Va
65% Feb
.974 Jan
—>
Ry--1
Apr
Jun
57 % Jan
■
*39
.9074
*2974
;
•3%
374
133
'46"/;
■
Canadian Pacific
>2,000
274
47%
57
Calumet & Hecla Cons Cop.
80
Jan
Dec
41
"Campbell W St C Fdy_—<— *.N6 par
5
Canada Dry Ginger Ale-xCanada Southern Ry Cof—
_ioo
2,800
11274
Nov
56% .Tart
par
-50
1.500
31%
31,74
: " '674 V 6,74 ■
40:'
*38
574 :;-5%*
"
; 574
5
*
■'.*■.86%
>132% 135%
*
9074
40
*3874
*39
NO
6,800
.7.%*.;;-f;,.-A::'.;
■
Packing—-1.—
Mar
20%
274 Jan
Zinc,*Lead——i.—.
Jan
x 10314
26%
2
preferred—
Oct
8%
7% May
1414 May
,20% Jart
5%
14%
Dec
1
2.
Callahan
Apr
2174 Feb
6
California
.
■
5 %
:
>-;
;>7'V4'.',1774
16% >7/
1
4474
-7
30
,
87%
3%,
■
>
88
7 74
■
,17%;
.A-1674 >6%
*32
35"'
6% r" 674'
40 7
*90
45
'
3%
16%
,
: ,6%
*38*4%
*39
.
5%.
*39
90%
87%
■.
t%
.•7'4
6%
7
6%
39*
,
;
29%
*132
16%
16%
31%
'
45
-*90%
?
*29%
i.774
16%
16%
*30%
,
]
7%
16%
16%.
Ki
f
:
:'>./:•
is
97a
0
8
574 Jan
3,500
7.25
*53%
:
12
Jan
35
Feb
2174 Jart
1,700
17%
25
57 ./
% ■"
%
■
74
7%
7%
,
.16%
■
.•
6% v
6%
*40
%
25
25
*53%
U
% '■
17
"
16%
:
*30%
'
i
-
7%
•
/•' "16%
''•■
IS
\
7%
r
25% C
57: A
,
:]§
.
17%
*17
Jan
4
55% Feb
& Zinc—
,.-5
;
No par
Participating preferred—»--A_100
Byron Jackson CO^—No par
•
17
Nov
2374 Feb
Byers Co (A M).—
'
/
17
Jan
10%
28
Butte "Copper
*
230
75.
114
17% Feb >0
•
7/4 preferred—100
A——
—,—10
1,400
11%'
.■'•7.5
'
Apr
7
Apr
2874 Jviiy
8% Feb
5f# conv preferred——i_r30
/
Jan
%
5
54% Feb
.——100
Butler Bros
6,500
Nov
43
20% Jan
_1—_r——j— 1
Bush'Term Bldg
160
674
"
*72%
f
Terminal-
3514
Apr
24% Jan
.-.-No par
preferred
Jan :•''
ft Apr
Feb
85
6% Jart
Burlington Mills Corp—1;'.
Conv pref $2.75 ser———No par
$2.75 pfd (called Mar l 1943)
Conv pfd $2.50 series-——
Burroughs Add Mach„—No par
4874
6%
*23
474 Feb'
Jan
Jan
'
27
:6%
6%
:
3
77
,
1.200■
26 ■"
-
28
106% Jan
104 % Jan
19% Jan
Watch A——1—
Nov
8% Feb >0
6% Jan
14% Jan
Bulova
Nov
30
Jan
13
Sep
Dec
9%
10
:
20%
1
10
par
May
:
12% Feb
.
Nov
21%
7
Jan
3114
30
1
29% Jan,
5
——10Q
No par
——100
:
17(S
Oct
Mar
Jun
a
11
Feb:
314
7%
2
Feb
•
28%
1574 Jan
10
174 Jan
4-,———^—No par
'
6%:
Dec
Jan
174 Jun
9% Jan
—
preferred-—
Feb
40
A Jan
■
Bullard Co_
4,700
,
10%
10%
22%
19%
10% Jan 30
2C% Jan
Budd 'WheeLi-*——NO par
Buffalo Forge ',Co-_—4—1
400
551',
*3%
:
.,49
27%
27
27 V*
"
Co
1% preferred——
Budd (E G) Mfg
-
10%"*
10%
49
Jan
Xl5
'1,600
•'
600
28:
*54%
2
Feb
Jan
171/4
9
Jart
Dec
9574
25
20
Jan
43
40%
5
15
2114
May
31
Jan•
20% Feb
:
Dec
75
Apr
1374 May
>8% Mar
28 74 Jan
Bucyrus-Erie
•
>*■■'
55
Jan
*
30%
—5
Bruns-Balke-CoUender—.JVo
21%
28
72
1
2
600
55
.3%
*47
49
27%
'
22%
10%
*3%
49
•*46%,
*27',
22%
9
U
2
10,700
.
*55%
54%
•
8%
:
28
3% Feb'
380
21%
22%
12
Apr
24% Feb'
29% Feb
12,100
-
*17%
27%
Jan
July
195'8 Feb
2274 Jan
-
4%
82
17%
•21%;
/ 21%
1414
8
•274 Jart
107 .7,
*105%
8%
:
Jun
1374 May
25
May
44% Feb
.
Jan
Corp——n——,.5
1,600
.
8%
*17 /;
17%
21%
4
81
Z..; 8%
8%
; * 17 %;
4%
82.
Jan
Jan
58
26% Jari
'
82 %
4
82%. 84
Dec
7%
2
.
^-100
Co
9,600
;
14% '
8
■
.
29
19%
9
Feb
94% Feb
38 74 Jan
Briggs-& Strattonj
A—No par
Bristol-Myers Co
*—-——5
Brooklyn St Queens Tr
No par
Bklyn-Manh Transit—.—
No par
Brooklyn Union Gas
,_*
No par
Brown Shoe Co——,4,—-No par
300
'
12% :
14%
8%
*105%
107
Highest
S per there
Sep
11%
1074 Jan f 4
ei//a Jan
.
■Bridgeport Brass Co——No par
Briggs- Manufacturing——.No par
4,400
lVa
*35
-—No par
No par
■
Inc.,——
1
(The) —-——il5
•Brewing Corp.' of America—
2,300
1%
1
7-2 Jah 26
'
•
.
1942
Apr
Apr
5
Boston & Maine RR--———
'
12%
Class B—u—•-
Borden
Iff
1%
Brass—-——5
Bond Stores
166
"
>
40
*35%
r———5
Bon Ami Co class A
-
Borg-Warner
T
36%
35%
1674 Feb
9
5,400
10%
11%
11%
5
14% Jan
200
23%
14
11%
13% Jan
76
4,000
,
21
10
41
*1
l'/«
14%
*35%
/
1%
11
Bower Roller Bearing Co
V 23%
-
30
7% FCb
-No par
31
*20%
35%
1
7
10
i7,f
,
35%
11'
14
^
U
11%
'
-
.
1%
36%
*35 %
•14 7
;
iff
*1
1%
.
11%'
„
%
.
35%
*39
17% Jan
2
Boeing Airplane Co_^
-2,300
29%'
■'3%.
*2%
*
24
'
:
4
Blumenthal & Co preferred-—>00
60
.
19%
*29%
10
14%
Jan
674 Jan
16
Bloomingdale Brothers-
180
42%
29%
31
23%
18%
100
1,900
X23%
■
,21
30
5
JVo
Co
5,800
95
19
*20%
30% Jan
250
...
16%
45%
*
*20%'
8
par
Bliss St Laughlin Inc
,
97
42%
3
3
3;
■,
per-share
Year
,
Lowest
I per share
pet share
27% Jan
No pur
Decker Mfg Cq..».wJVo par
1,800
1C14,
.
*95
19%. .19%
'•
24
29%
40.
-
.
*42%
■
19%
23%:
97
*10%
43%
,
'
10%
.
$
•
16
,16 Ms
I
'
Blgelow-Sanf Carp Inc
6,300
16%
95
16%
■'
7'A
16
94
*90
Pat
1,800
17%
'
10%
*1014
Range Since January X
1
Lowest
Highest
EXCHANGE
Shares
I per share
28%
17%
15%
the Week
Range for Previous
YORK STOCK
NEW
Sales for
'
28%
*15%
16
share
per
6%
6%
*15%
Feb. 11
share
x28%
28
6%
16 74
I per
Friday
Feb. 12
Thursday
Feb. 10
28
*17
STOCKS
Wednesday
I per snare
share
27%
674 .>6%
*15 %
Feb. 9
f per
29
17
Tuesday
Feb. 8
Saturday
607
89% Feb .11
11'
54%
Feb 1 9
>33
117,
'78
Apr
130
Jan"
Dec
Dec
'
)
43
43%
■
;
.28%
>
28%
f
96%
r'
<
96%
,
120% >2014
.
;
28%
96%
43
43%
28%
28% .28%,
96%
*96%
120% 120%
,•
,
r
43%
•
■•v; "43%-v*43
2874 •29%" ;;
'29"
29%
9674 ; 96®4
96% ; 96%
96%
43%
120%
120%
'••<■
12074
12014
>20%
...
97;
97
97
'9774/
97%
97'4.
97% :
10
10%
10%
,10%
1074
10%
1074
86
*84
85
85
84
!84;
8274
83
86
86
19
19%
19%
1974
20
2%
2%
j
19%
19%
214
,
2%
.
105
.3.5
35
•
15
*4%'
•
•
5%'
V *4%
*100 - 105 J
357 b
35%
■
*574
13%
*100-
305
-'
105
3674
•
-v.
'■:
;
5.300
'ts
;1
•
Central Aguirre Assoc
105/
>
•
'
4,000
10
2
8614 Feb
5
66
12
Feb
10
16
lis Jan
2
2% Feb
11
Jan
97% Jan
Jan
12
13
Jan
2
3
Jan
3%
3%
.
.
38
'
*17%
•
r
*.
38% /
;
18
•
<
19% v
*18%
*100% .101
•
/
18 >■'
;• *18%
19% :
•
v'
,
3%
-
8%
'
8%
12%
12%
-
/•
7
103'
Jan
.
•
36%
Cerro de Pasco
8%
8%
8:V
*33
Jan
:
*37%
■
*49,
%
,
3
jart
•"
,
^
:
32% Jan
2
1714 Jan
12
Jan
5
8%
;
•. -
2%
274
12%
1274
38
274
•%
1%
-
1%
*1%
1 %
1%
274
12.^4
■■
874
17.74
*377/2
'3874
*37%
1774 >
38%'
*49
r
:
*49
1
%
*74
■
V-
52
•
*%
,
874 :;■•':
■
1%
1%
:
/ *12
>74
14%
15
>74
*12
12%
.
1274
14 %
14%
1%
15
74
.
1%
28
174
1%
*12
l'A
1%
■■
:
«
*26
'1%
*26%
27% "
:
'71
71% '
71%
■
12%
>474
:
71%
■'
"*1474
174
*26
*34%
*3%
*34%
*121
128
*121
*65
73
•
.
■34%
*26
-
72%
74%
*69
7434,
31%
31%
'
85
x86
*50
55
*50
53
.
41
103
10274
149.%
*148
:
98%
*62%
64
*17%
17%
.
'
108
'
110
*
*16
4174
3574
35
*2%
*4%
.
■
110
400
.
3474 '
900
.74%
112%'
*31
,
60
33%
30
'
87
*50
"
:
60
53
<?4
3574
*99
3574
"*14874 14974
100
99
-
Special
105%
-
•,1774
*16
.
19%
•
*108 "
16%
*2%
.
17%
*10474 10674
19% I 20
*108'- 110
4%
*15%-
-
3
64- '
■
Preferred
110
1774
1774.
>774
106
*10474
43 4
*10474
17%
2314
Jan
3274
Dec
19
Jan
17%
17%
•
106
-
4,400
-
16
108
16
. ,
20
-
>08
'
■20%
108
1674
1674
374
314
374
*374
574
574
5%
*4%
4
4
4%
1674
374
•
2,000
3%
,
17%
For footnotes
17%
see
17%
page
615.
4
.
57a*
4
650
4%
710
'
'
■
-
17%
17%
1774
1774
•
17%
18
-
18
18
4%
1774
18
>874
187a
2,500
1,400
"
1st preferred
2d preferred
Jan
98
!■
Feb
2%
Dec
8% Nov
1%
Jun
2%
Jun
13%
Jan
17% Feb
10
Jan
38% Jan
50 1 Feb
Jan
% Feb
Jari
si
Feb
1
f
12.
2
Apr
47
•
Jan
{■■.
4
174Feb ill
;
1174 Jan
12
>214 Feb
13% Jan
4
'■1574 Feb
1% Jan
2"
24% Jan 30
;.
•
814
174
11%
1
Dec
1
20
>374 Jan
"Jan
1074 Aug
May
99
Jan
14
32
Oct
34
Aug
Apr
3
Jun
5
214 Mar
Jan 27
3614 Jan
13
4
28
Jan
18
120
130
18
2-
6814 Jan .22
11274 Feb ' 8
4
22
32% Feb 10
7
103
x86
-
Jun
Dec
67% Apr
10714 Jun
'
22
..
May
50
Jan
Jan
3614
6
11
1
25% Apr
Jan
19
150
Jan 1 8
101.
Feb
Nov
.92
Nov
5574
Feb
2
1114 Mar
106% Jan
4
9714
1774 Jan
.4
20%; Feb 10
Jan
7
•1414 Jan
4
108 74 Jan 18
16% Jan 30.
'
i
2
314 Jan
2
514 Feb
96
6
'
1514 Jari
,
2
6314
470
Jan
Feb
17%
Nov
107 74
Dec
18%
108
Oct
Deo
1814 Jan
%. Apr
1 f»
-
May
1374 May
9
TroV,
15% Jan,
Apr
10% May
474
May
74, July
574
814 Apr
814 Apr
1674
Dec
16 74
Dec
8
2% Jan
A 1;-
'
Feb
'
3% Jan
2i
Jan
Jan 27
No par
Jan
149
18.
12
Dec
8414 Mar
Jan
63
103% Jan'
102
5614 Mar
139
2
470
Jan.
Dec
44
Feb
35% Feb
3
31%
9
11
.
Dec
Mar
Feb
42% Feb
,
72
95% May
2
■
,
.11214 Nov
26
12
50.
39% Nov
125
Jan
16% Jan
-100
Dec
9
92
No par
-100
7074
Feb
Feb
Jan
6
3314 Jan
No. par
2V»
25
11
33
Jari li:
/
Il¬
13
Jan
;
Feb
10
6214
13%
May
ia 14 Feb
101
88
Sep
Nov
1174
,
7314 Feb
4
4.
Sep
.'•'.114
Jun
Jan/14
Feb
28
77% May
47
May
3274 Apr
108
Sep
1%
,
Jan
3814 Jan
No par
Jan
%
14 Mar
.
4
-
X
4
148
Jan
52
Jan
74
Jan
39%
;
July
a3s
8
1714
Aug
33
16
.
Jan
Sep
,714 Nov
'
Feb
>
-100
Columb Br'd Sys Inc el A—2.50
Class B
;
—2.50
36%
Apr
% Apr
2% Jun
Oct
8%
50
j
914
89
.:
Oct
10014 Nov
Apr
574 Apr
27 74 Apr
414
stock-/——50
No par
+—
1874
1
Jan 23
"Colorado & Southern.
1,930
8
.;
10
'
'
93
Feb >0
2% Feb
84s
Colo Fuel St Iron Corp-
1,600
1514 Sep
>4% Jun
10
12
■,/U Jan 12
Collins & Aikman—uu-Nd par5% conv preferred
.——100'
"
120
1
29
13
gtd—50
Colgate-Palmollve-Peet—+
$4.25' preferred-*
^-4
;
Jan
1% Feb
—
"
2074
1974
108
'
.4%
3%
>774
Oct
26
8% Feb
•
u~-~-Na par
Dec
Nov
9% Feb .1
-
a
35
314
-77a Jan
-
(The)-;
104
,
Apr
3
37
,
Oct
Jan
3% Nov
;
48% Jan
—^.--—-——100
"Coca-Cola Co
Jan
Jan
3%
18
,
1514 Jan
Class A
No. par
"Coca-Cola Intern Corp—+—No. par
,
*740.'
23^
4%
*3%
4
17%
gtd 4%
214
10
6
—5:
Climax Molybdenum
Cluett Peabody & Co
Jun
1%
-V"-
214 Jan,
10% Jan
•'
par
Co—25;
,
82
1914 Feb
IOI
Feb
7
20
400
<99--
■
*6274
64
*740
'
*17%
,
6 V?
"
*3%
;
div_—No par
cum
Clev A" Pitts RR Co 1*
"
Nov
110
Jan
11
374 Jan 29
"
*6274
,
3,100
2,200
Jan
2%
Mar
90
27
18
2
>0
4274
Dec
23%
Apr
8
99% Feb
67^4 Jan
"
42
Dec
27
3714 Feb
.
900
*85
'42, "
14974 14974 ;
•
99%
*6274
17%
19
1
3%
149%
99,74
*740
*104%
16%
.
53
4174
*148
64
17%
,
19%
19%
*
•
:
-
*10274 105 :
87 "••
*50
■
Dec
8V2
75%
39% Jan
8
>074 Jan
No par
96% Jan
——100
27
Feb
100
2% Jan
—5";
33
Jan
No par
130
Jan
C; C, C. & St. Louis Ry. CO----100
67
Feb
5% preerred,-—v——-1
—100
109% Jan
Clev El Ilium $4.50 pfd——No par
28% Jan
Clev Graph Bronze Co (The) —;—1- :
10114 Jari
594 preferred-*-.--/——+——100
128
*1.1174
105
*85
•
4
.
($2.50)
Chrysler Corpt—
City loe & Fuel—
v 6% 94
preferred
City Investing Co
City Stores
Clark Equipment-
1,900
20
.2874
•
preferred—1—No
conv
pf
preferred—-—-——100
preferred
1
.->00
Chicago Yellow Cab-,.-——No par
Chickasha Cotton Oil——4—10
Childs -CO;•—*
--—No par
12,200
■
9714
Feb
Jan
4
7 %
>■ ■■
,
Apr
Apr
Aug'
Apr
July
'
105
*104
$3
3,000
Dec
Jan
V: 1%
1
9574 Jan
Chic Rock Isl St Pacific——100
Chile- Copper
105 *
*63
3274
*103
41%
*740 \
*721
1
400
.
1374"
•
*
3474
,7474
34%
98%
+_1—,i—.40
Feb.
5.
'814 Jari 13
33% Jan
2
Chicago Pneumat Tool—-No par t/
"
41
35%
149%.
L—1_
A
1,300
1,200
73%
13
*122
-
111%
32
86
100
*63
Class
5.600
2,500
2774
■
4
3574
11174
■
-:■
128
*63
•
3174
85
-
*35
*99%
.
-
*2774
4
*122
111%' 111%
103,
41
*148
f
■
*101
28
3474
128
*102%
35%
'
•
9714
120%
114 May
9
2% Jari
Chicago Great West RR Co_——50
'5f&' preferred—
50
Chicago Mail Order Co
5
■
*374
34%
*122
-
105
27
4
'
*35%
1,800
>%
.7274
-■
13
127,
*101
28%
4
34'A
128
30%
.
50
41
.
111% 112,%
,
85
50
*28
4
*60
,
*111% 112
: *30% >31 % *
;
*102% 103
,
*83%
-
.
2,900
1474
'■
174
2774
7174
'"
1274
105
*101%
29
29
4
35
4
12%
*101
4
29
*28
2,000
2,200
1%^
12%*:
,-174
*12
14%
'
174'
2774 '
70%
12% ■12%''
i. 105'
'12% '
101
♦
99% Jan
No par
Chic & East 111 RR Co
1,300
>74
•.
'
12%
8,200
—
>8
-
1,500
Pr
%
'
101
■'
,
Coi——-No par
6% preferred
—100
Checker Cab Mfg——;—
i.—5
Chesapeake & Ohio
/- Preferred series A———---100 /
52
874;
'
-
.
-t
;
'
*26%
71%
—
;>_
•
1774
'
•
; 12%
1%
.
Cham Pap & Fib
900
*874
38
52
'
>
>7%
1774
*49
38
V%
*
—100
Chain Belt Co——No par
140'
-—
974
'
-"12.%
"
■:
1
/
7
7-' 17
54
*49
V."
1% ■•••; 1% v
1% > 1% ;
14%
: •
17
Products
prior preferred
100
—
-
1274
9
'
■
1/2
*12
«
•
,...*12
.974
274
12%
6 fr
-
Dec
Apr
37% Feb 1.10
2
300
'/
•3774! ■■>;::: 3674 / 37
"
" 10074
*99
100»4
1
374 >".-i *374
.3%
874
.
ioi
2074
101 v
'
37%
;
54
;
•
.9
'374
870
;
614
21
10514 Jan
14
.—1
Copper:
1"
M
*1874
...
12; /■
■>
"
3874
->7%.>7?4:'.''
/.
12%
8% :> 8%
7
;
1
*99
7 3%:
2%
2%
12%
■
16%
16% V
38 :' v
,
36%
>£9 ■•;'• 10074
.
is.
101
-11%"
Certain-teed
3,200
3774
••
...
77
1514 Jan .29
I,' - > /
:
.
>9%
101
3674
36%
:■■■::
18
11%
■
7>3%
.3%
12;
8%
;
.11
•
•:•■>;■,
;
30
No par
-
4,100
*38%-
>9%
101 /.;•
100%
10%
8%
'
.
-
4
i
i
18
3j,8
'
"16%'
3874
19%
3%
2%
2%
.
/
3%
'38 ;;•;'
*18%
100%
*99
100%
3%
:
3%
*17%
>
18
*10%
36%:
;
'
*98%
-.37%
101
101
/
'
37
36%
f
;
3%
-
,;i
•
•10%
*10
38
3%:
Feb
6% Jan
105
4
•3
'
/>'- 3%
37%
20
.
29%
Apr
82
110
Dec
.
.
>_
•
=3774
1074 Feb
1634 Jan
—Aro par
Foundry Co
1
Central 111 Lt 414 V? preferred—100 /
ICent RR of New Jersey
—100 !
Central Violeta Sugar Col———
Century Ribbon Mills-*--——No par
Preferred
-—+1—-100
1,200
1474 ' >474 V
*474■•.:'.,574
2
76% Jan
Central
130
'-5/
1
8 % ■ Jan
119
,
97 V2 Jan
122.
,4
4214
Apr
15,
9614 Feb
26
6.200
;
'.
7
9514 Jari
Celotex Corp————N6 par
5% preferred——
100
80
'■■274-:
> *100
110
9,700
30
4414 Feb 1 2,
:
29% Jan 25
' 9
Feb
3
4
9714 Jan
26% Jan
series prior preferred-/-100
7 f* prior preferred——+———100
7/4' 2d preferred—1—^——100
;; 5
400
■
■••■%/
19%
•
"..5
,
110
::
:/,-r
1
*10474 10574
574
*100
v
19%
/•::'/' 274
574-
'4%
36%:
35%
':
>5
>474
'5%
>
10474
5
■
•
'
2%
104%
105
*5%
14
*13%
,
105
5%
5%
•
2%
.
>104% 105%
*104% 106
5%
*5%
13%
13% •'
*4%
5% *100
19
2%
2%
.:
9774
:
,
1 074
97
,
10
' '••:>_■
"
'
No par
Celariese Corp of Amer—i—No par
3,100
.
"
'
120%
::
•
Caterpillar Tract or-A—_i.-
3,400
>
10'A
97,.
-
43%;
43%
1
.
5
Sep
Sep
Sep
:
'Y
THE COMMERCIAL & FINANCIAL CHRONICLE
-608
86
10%
10'A
46
47
86
400
ioy2
10%
10%
11
32
32
323/8
32%'
11 'A
29
28%
106
*1053/8
31%
313A
313/a
32%
32%
*107%
108%
*107'/a
108%
*1071/2
108 3/s
*107%
3,600
33%
108%
108%
103A
39%
39
3 9 3/4
24%
J.2%
94%
18 Va
17%
17'/a
500
18%
18'/a
17%
17'/2
17%
123/4
4,300
,
12%
12%
*91%
93%
91%
91%
*89
98%
99
*99
9 8 3/4
98 3A
5%
5%
5%
5%
5%
5%
.5%
17 %
173/a
17%
17Va
17%
173/4
17%
961/2
9 6 3A
9%
93A
3A
%
9 6 3A
%
93/4
963A
9%
93/4
97
*95%
3A
9%
*2%
7%
2%
*2%
8
7%
96
.
183/4
6
OC!\L
183/4
6%
3.83A
53/8
100
100
,
2%
2'A
2'A '
8%
,
5%
5%
8:iA
41%
9
83/8
40%
41
40%
96%
96%
96%
96%.
'96 %,
18%'
19
18%
183A
18'/a
5%
6
6
29%
100%
30v:
100%;
'
30
:
29%
83A
8%
8,%
8%
8%
83A
8%
41%
42%
42%
42%
41%
•;f
i
48
*46
48
393/B
39%
39%
58%
58
58
178
33/a
3%
3%
1
.
l'A
1
'/a
1
16
98 3A
18%
18%
I81/2
18%
*18
18%
18%
18%
*10
10%
10%
10%
10%
22%
221/8
22%
22
41
40%
*40
12%
12%
123/4
13
13 3/a
91
911/8
*90
91%
10
7%
76
75%
75%
10
*733/4
*9%
10
>96%
*13
13
*18
19
101
*18 y
V
101
2 3A
22%
233/4
22%
7%
7%
7%
*23%
93 %
13%
18 3/4
*4%
43A
19
19
19
18 3A
*16 ■•/:
I.43/4
*110%
18%
14%
19
*16
4%
4%
13%
42
*40
3
14%
143/4
Products
Crane
14%
42,300
23%
241/8
7%
7%
7%
73/4
26.200
233/8
23%
23%
2,500
233/8
23%
*93
84
19%
i.01
/"
19%
105
10
*84
100
100
87
10
*18%
1,300
20
*16
18%
14%
14%
14%:
100
n
yV
4,100
14%
10
114
*111
114
*111
*16
4%
18%
*4%,
11%
11%
11%
11%
113/8
12
12%
12
12%
1,900
29%
287/s
29
29
29%
29%
30
29%
30%
13,000
32
32
32
32
10%
4%
4
22%
22 3/4
l'/a
1%
18%
l'/a
l'/a
18 3A ,19%
40
*37
40
22%
23
23
*26%
27%
*26%
27%
X37%
37%
37%
37%
10%
10%
10%
10%
10%
11%
241/4
24%
241/4
243/8
23%
24'A
24
24
86%
*85 »/2
86%
851%
85 3/a
86%
86%
10%
11
11
11
39
39
•
u
11
39 ;
39
*243/4
25
Jan
Jan
16
Jan
9
Nov
Jan
39
Nov
96 V4
Jan
25
7
100
—25
:
Cuba RR 6%
Dec
8
5% Feb
10
2 3/4
May
43%
Nov
25% Jan. ,8
2
18% Jan
29% Feb
11
17
Apr
27%
22
Feb
10
50%
Apr
21%
Nov
x9% Jan
7
11'/a Jan
29
8%
Apr
12%
Jan
Jan
Jan
6
48% Jan
29
45
Mar
2
397/8 Feb
10
23%
Apr
20
58 3A Feb
11
42 »A
Apr
58
Jan
2
Feb
11
Apr
23% Jan
2
33/4 Feb
11
21/2 May
,179
3%
Jan
2
11' 8 Feb
5
Apr
%
176
'
\h
-
2
161/2 Jan 26
10 3/a
Apr
14%
Dec
99% Feb
4
85
Jun
983/8
Nov
,16%
4
18% Jan
18
12% Jan
16Ye
Dec
9
Jan
15
10% Feb
10
9%
22% Jan
30
53A May
14% May
Feb
3
10% Jan
4
8
1% Jan
2
3% Feb
30% Jan
2
42'/a Feb
Jan
2
24'/a Feb
17
Chemical
Davison
Deere
400
Preferred
22%
9
22%
„
2,170
27%
<1J-
400
Mr.
Diamond
6%
Match
135
24%
2,900
Distil
87%
300
5%
1,000
1,100
Class A—Doehler Die
Casting Co.
;
20%
5,500
6%
V:, 6%
6%
6%
63A
1,800
Dunhill
10%
*9%
10%
*9%
10%
100
80
116y8
116%
*115%
144
145
145
145%
145%
146%
4,700
1261/2
126%
126%
126%
1263/4
126%
/A 400
*118%
123
*118%
123
32
32
32
353/a
*13%
32 3A
47/8
Apr
11
.18%
Apr
27%
Dec
Feb
6
25% May
30%
Nov
10
Nov
14% Feb
8% Jan
2
10 3/8 Feb
3% Jan
2
4% Feb
1% Feb
4
—50
.
'
5
100
Jan
163% Jan 12
123
*118%
No par
23% Feb
.26
Jan
23
37
Jan
No par
21% Jan
8
100
83% Jan
13
2
20
123
Feb
16% Mar
5
t
Jan
70
11
73/4 July
Jan
11
321/4 May
29
Dec
26% Jan
4
16%
Apr
26
Dec
8
Apr
163/4
51
May
703/4
Oct
95
Apr
■.13Va Mar
134%
Dec
163/4
Dec
.No par
No par
Np par
1
5
Jan
12
130% Jan
18
Jan
11
173/a Feb
62% Feb / 2
■■
1363/s Feb
2
8
21% Feb
10
,
5% Jan
5
6% Feb
11
23/4
Apr
Jan
4
10% Feb
6
8
Jan
9
112
Feb
9
1161/8 Feb
.100
116% Feb
9
,_20
134
Jan
5
146% Feb
125% Jan
8
1263A Jan
13
118% Jan
No par
1st pfd—. 100
117% Jan
19
,
Jan
Nov
8
111% Mar
118%
Dec
Jan
4%
Apr
151%
Dec
180
Nov
Feb
170
Mar
36% Jan
26
May
323/4
11%
2%
2%
32 3/a
11%
*
2 3/4
32%
1,400
Eastman Kodak
30
6%
32%
2,700
Electric
32%
32%
32%
11%
11'A
11%
113/s
11%
6.800
2%
2%
23/4
23/s
2,900
Elec
2%
2%
17,300
341/a
34%
35
35'A
35%
36%
4.200
$7
30 3/4
31
31
31%
311/a
32%
2,700
$6
35%
35%
35%
35%
35%
35%
353/4
353/a
36%
36%
1,200
*26%
26%
26%
26%
26%
26%
26%
26%
26%
26 %
1,100
*50%
51%
50%
50%
50%
300
51
*iiiy8 114
4
2%
*50
2%
50 'A
4%
*62
65
*61
65
*62
65
67
67
*66
67%
*66%
67%
7 2'A
*70
72%
72
o
*2
615.
4%
4%
23,000
67
200
*71
,0.
re
Paso
Endicott
72
90
34
5,000
15
Jan
30 3/4
Dec
10 Va Jan
113/4 Jan
29
97/a
Dec
13%
Jan
1% Jan
27/8 Feb
4
Feb
l7/a
Nov
No par
1% Jan
23/4 Feb
11
Jan
1%
Nov
No par
No par
No par
31'A Jan
20
36% Feb
11
28% Jan
20
32% Feb
11
15
Apr
323/4
Jan
333/4 Jan
2
Feb
1
29
Jan
34%
Nov
3
23% Jan
7
263A Feb
—50
49% Jan
5
51
5
Natural
Gas
Johnson
Corp
preferred
Public Service
preferred
—
100
1
Engineers
$5
65
67
B
i.r
El
Oct
Jan
shares
Battery
$5% preferred
preferred
Equitable Office Bldg_
$6
Dec
11
3
Am
preferred
preferred
Elec Storage
51*
114
*61
72
1
*50
*112%
*112% 114
4
2%
Ind
36 %
Nov
20%
Boat
Mus
&
Feb
Feb
(The)
Electric Power & Light
2%
2%
preferred—
Auto-Lite
Electric
2%
30'/a
page
11% Feb
3oy8 Jan
Edison
341/a
A
2
2,600
21/8
*70
Bros Stores Inc
1,100
13%
30 'A
3%
19
353/a
33%
4
4
Jan
13%
31
3%
Manufacturing Co
35
353/a
34
115
18
35%
34
*111
Jan
Eaton
31
*50
178
13%
35%
*13
(N J)
100
oum
', Dec
Apr
179
153
180
152%
*179
180
34
16%
2%
33% Jan 22
No par
153%
July
144
127
Apr
108
153
Nov
1023/4 May
156% Feb
5
Oct
7
10%
120
120
2
Mills
Dec
5
11
,
20
*179
Dec
Feb
40
5
1461/a Jan
179
9%
12
4
24% Feb
3% Jan
154%
Nov
Jan
31% Jan
179
Dec
87
Jan
1
154
Feb
22%
10
5
Rolling
93/8
'.
39
Eastern
179
32%
see
,
Eastern Airlines Inc..
12%
For footnotes
25
1.000
11 Va
*%"
6 3/4 Aug
86% Jan 28
Jan
39% Aug
33% Apr
11
3,400
35%
73
Jan 27
11% Feb
Oct
Jan
27%
Apr
par
—^
:
18
37
21
»' Jan
25
:
!
par
(E I) Si Co
preferred
Duquesne Light 5 %
14
39
8% Jan
No par
$4.50
5
273/4 Jan
17% Jan
par
Oct
4%
12%
*70
Jan
37
33%
35%
4
18%
14% Apr
19 y8 Feb ,10
4%
131/s
65
Sep
32%
35%
67%
Jan
1%
4%
2%
4
Oct
4'/a
Jan
33%
117/a
*62
113/a
A
4%
35%
*67
Jan
2'/a May
32%
Hi/4
'
7
4%
14
115
1
2
32%
2 3A
*111
13%
4%
35%
2%
Apr
321/B
11 %
2%
97/«
41/2
154'/a
154%
*178
32%
Co—1
Du P dc Nem
Dec
10
30% Feb
32
International.
Duplan Corp—
8f, preferred
10%
12% Feb
12
32%
4%
155
179
——
21%
Jan
110
11
2
No
1,400
*9%
Oct
Nov
Jan
5
Dixie-Vortex Co__———No
250
21%
120
Mar
173/4
12%
Aug
102
Dec
4
>
Jan
—2
Corp-Seagr's Ltd
pref with warrants-
*57/8
21%
.8
9
Jan
No
Douglas Aircraft——
Dow. Chemical Co
135
21
16
15
Jan
pfd
—
233A
135
Jan
111% Feb
12
preferred—
partic
*85%
25%
Jan
29
Diamond T Motor Car Co
24%
Apr
151/3
10
_20
6,000
12
2%
9
Jan
.
26
100
Devoe Si Raynolds A—
200
393A
4% Jan 29
—20
—
11%
11%
2
20
■
17
par
Si Hudson—
11%
*38%
J an
108% Jan
12
100
—
tDenv & R G West 6%
126%
155
Oct
Detroit Hillsdale & S W RR Co—100
125
*178%
Nov
18
Feb
—10
—
Detiolt Edison-
373A
27'A
*37
—
1,800
•;
144
4%
Oct
81
Jun
5
23%
1
9,300
1%
19
*126
4%
95
Jan
Jan
No
Deisel-Wemmer-Gilbert
6 is
123
Jan
12%
Jan
3%
17
(The).,.—1
Corp
Co
8t
101/2
*118%
Oct
44
4
Decca Records Ino
*9 5/8
*118%
20%
Jun
80
15% Jan
Dayton Pow & Lt 4% ft pfd
*5%
*115%
12
1
Davega Stores Corp
—8
Cony
preferred—-—25
Dresser Mfg
116%
Nov
10
Feb
15% Jan 20
1*43%
32%
10
19
56
*116
Oct
13% May
Feb
84
No par
1263A
2
Feb
100
10
No par
125
Jan
Jan
10
Dome Mines Ltd—.
144
Dec
100
Jan
Feb
2,300
143
Sep
■
..
Feb
9 '/a
Feb
5,600
*116
Jan
19%
Mar
253/8
84
17%
*125%
Dec
13%
Jun
100
60%
20
95%
5% May
100
17
19%
Jun
Jan
18
2
60%
V
Jan
10
2
Jan
No par
—
Jan
9
140
ii
7% Jah 29
63/« Jan
22
No par
Cutler-Hammer Inc
13%
Jun
Jun
90
' Jan 23
102
1
pfd_
$8 prefer) ed
Nov
Jun
13-
11
par
1
Cushman's Sons Inc 1%
Jan
Nov
84
<
8% May
8
—„—
Jun
5
5
—
12% Sep
88%
.39%
8%
25
8
Jan
17%
6%
19% Jan
Jan
No par
A„
Jan
88
>
11
18
60%
10%
137/e Feb
100
16%
20%
109
100
59%
6%
15
76
Nov
.
74%
16%
10%
18
Jan
1
60
20 %
18
8% Jan
9
16%
134%
10% Jan
7
Feb
59%
:
63
7% Jan
J 6%
1343/b
5
9% Jan
60
,*134%
Feb
7
16%
20
May '
233/4 May
71% Jan
105
41
Apr
77
9
593A
1343/s
10
9
5
13% Feb
2
11
16 3A
134
11
l'/a Feb
4
Jan
Dec
20%
i-
Mar
32
35% Feb
11% Jan
32
60%
135
41
81% Jan
—100
100
—100
No
Nov
5
No par
—
Oct
Nov
Jan
5
(The)
Dec
Dec
.
Jan
16 %
134J/2
159
Dec
14% Jan
95
—30
preferred
Class
179
3
y.__
.
37 %
53% Jan
Jan
51%
Jan
par
Inc__
..':/
45
—25
2
8%
37
20
-100
Curtiss-Wright
Dec
4'/a Jan
Sugar—
Preferred
28%
42%
53% Sep
preferred——100
Curtis Pub Co
Apr
Apr
No
preferred
Prior
2l'/a
30%
——
Press
41/2 %
Jan
10
Cudahy Packing Co
•
103%
30
preferred-.—
conv
Apr
11
preferred—
Cuban-American
Dec
77-
313A Feb
5
preferred
conv
5
9% Jan
42% Feb
Crucible Steel of Amer__—_No par
5%
Oct
Apr
2 'A
2
Crown Zellerbach Corp.
conv
16 3A
7
6
$5
101:
May
11% July
7
60%
*
43/8
Jan
Jan
7
12
2,100
y."'40A-V':,:;y
11%
25i/a
25
25
1
18%
*37
39%
11%
39
4
9% Feb
% Nov
jun
40 3A Jan
Delaware Lack & Western
27%
*24%
8%
18% Jan
Delaware
38%
25
3% July
37% Jan
7,200
271/4
*243A
29
-No par
2,800
*38»/a
11
5% Jan
$2.25 conv preferred——.No par
4%
38 3/4
•V 39%
12
Crown Cork & Seal
10%
27%
11
4% Jan
,-100
No par
4%
*38
7Q
Nov
Corp (The)
10%
4%
*27
*85
7%
100
41/4
18%
10%'
4% May
,_25
10%
10
4'/8
22%
10
;
15
14%
23
22%
8% Feb
7,
1
1
31%.
10'/a
*37
2
-100
*143/4
4
40
*37
Oct
Jan
—
X31%
143/a
183/a
18 %
18 3/8
40
3
3/8
.
-
Apr
—1
143/8
10
iy8
*1
1 %
1
18%
*37
Jan
-
317A
14%
4VB
1%
Del—
31%
10
10
4%
9
15
11
,
78
__$2.50
32
14%
*14%
14%
10%
Apr
2 3/« Jan
11
y
IX
D
43/4
11%
*14%
7
10
preferred-
conv
•
*4%
143/4
32
I.1/4 Feb
10% Feb
11
11
'2% Feb
Crosley Corp (The)
110
283A
,
% Jan
;7% Jan
Corp—
Cream of Wheat
Cuneo
231/8
111%
.1
Fibre——5
Co
5%
Jan
11
Refining—
TnWnat
500
Jan
Nov
30
Inc__
rotv
"30
42
of
—
Coty
5,700
181% '
*16
111%
114
*111
115
Corn
2,400
13%
7%
163/a
94
Sep
11% Apr
5% Jan
173/8 Feb
97% Feb
Bank Trust Co
Exch
5%%
3%
41
.;■/:> 4
2
5
Corp—-—No par
Copperweld Steel Co——
—5
Conv pref 5% series
50
Corn
19
3'/a
Feb
5
L.
Motors
Preferred
104
3
Feb
97%
Apr
4% Jan
153/8 Jan
Continental Steel
96i/a
13%
89
83
91% Jan
America
of
Oil
Preferred
Dec
74'A Aug
10
26% Jan
109
*91
12%
.
Feb
Inc———_20
8,000
8
May
par
No par
—5
No par
Insurance—.
210
10%
7%
*18
43/4
99
.
Can
700
77
*74
*101
191/B
*41/2
Co_
Diamond
7,000
343/8
19
■.
•
913A jan 30
6
pfd
Continental
40
104
23%
,
6%
Continental
4,500
*18
84
*76
83
*76
5
Jan
5
Corp--.
Continental
13%
*101
100
*93%
100
*93%
83
Jan
90
21% Mar
'
4
7%
231A
23%
23%
23 3A
100
89
-
preferred
8%
100
•
*
*76
_100
Apr '
9% Aug
Feb
23%
7%
11
b
91 y8
13%
*87
*102
96'/a
*91
41
23
23%
7%
Feb
Jan
2,400
10
8%
109
*102
31/8
41
421/s
42
44
*42
29
13
—100
10%
19
23/8
3i/a
2%
3%
18% Jan
2
11
480
.
41
104
*101
,
10
73/8
13
*18%
19,.
10
96 Va
12 3/4
104
*101
753A
109
*91
13
75
S'/a
*103
96 Va
*91
13%
*91
109
*105
109
*105
73/8
35
10
*9%
73/4
73/4
73/4
34%
75%
*74
2
6% Feb
223A
34
34 3A
33%
34%
-
15
7
1,100
*40
94
34
343A
41
Jun
x4% Jan
10%
22 3A
40 3/a
Dec
Apr
17%
12%
-No par
22%
10%
22
Jan
173/a
11
Continental Bak Co_—
Corp
5,200
99
18%
Jan
33/a
18%
1
30
..100
Corp—
Coal
1,400
•16%
16%
983A
34%
N
Cuba
F ano
%•
153/8
23%
Feb
Jan
.
4
10% Jan
—„
Jan
18% Feb
16% Jan
-1
No par
Jan
No par
of
3,200
3%
98
12%
par
Oct
A1
44%
11
180
16
*40
7
preferred-,
630
58%
98%
*91
25
13
2,300
179
179
98%
123/4
2
27/8 Jan
17% Jan
No par
—No
Dec
Dec
10%
,
Jun
o*a
Feb
? 5,500
393/a
15%
: 41
21% Jan
Co
-
34
109%
,
2l'/a July
.
:
19.
200
15%
: 92
—25
30
6
2,600
98%
12%
Edison
11
Jan
42
Jan
ll'/a
153/4
*89
2
32
16
48
*46
393/8
178
573/4
177
11. '
98%
*40
2
36% Jan
Container
223/8
*22
•
34 Feb
Jan
__-_No par
2,200
99
10
7% May
9,900
42
16%,
22%
Jan
100 'A Mar
11
82
400
31%
8%
98
10
20'A
2
113/a Feb
3,700
l*
100%'
16
22%
11
108% Feb
2
:
11/8
*17%
33% Feb
5
22
103A
1%
15
9'/2 Jan
5
11
33/a
29% Jan
107'A Jan
10
22
1 %
No par
—No par
—No par
Feb
10 3A
3%
Nov
96i/a Feb
22
l'/a
105%
41
10 3/4
3%
Apr
7
21%
lVs
9l'/a
2
10%
3%
27
Jan
213/4
33/a
Jan
105
34% Jan
22%
177%
19
preferred—.
conv
283/4
33/a
104% Jan
par
89
5%
Continental
177%
—100
Oil
Continental
57%
Dec
Consolidation
64,500
177
29%
9
tConsumers Pow $4.50 pfd—No par
110
10,400
57%
Jan
of
RR
5 3/8
1773/4
Oct
16'/a
Industries
Consolidated
Consol
Oct
11
preferred—
29%
57
11%
51/a
29 % Feb
Laundries
5%
1771/s
1%
$2 partie
Consol
28%
57%
57
Dec
Jan
preferred—
Film
Consol
5%
391/s
8 4 3/i
Y——No
29 3/a
39%
39%
Mar
14
Edison
5%
391/8
51
——
preferred
29%
*46
4
Corp—
$5
51/8
48
Feb
Consol
29%
39s/a
87
Consol Coppermines
Si/a
10%
13
25% Jan
prior
28%
*46
48
Jan
79% Jan
par
—_10
preferred—.
5%
10%
10%
*46
45%
35
Congoleum-Nairn Inc.,
*21%
22
Sep
Jan
Credit—t
51%
28%'
28%
28 3/4
,
29%
29
24
Conde Nast Pub Inc
400
,
6'A.
6 'A
6 J/«
*100%
101
*100
18 3/4
293A
42
T~
'
100
5,400
41
9
; 29%
5%
!>213A
9%
9
*96
6
413A
600
41
29%
42
5
61/4
5%
53/8
1,000
32,200
8 3/8
18%
.
2%
•
8'A
83A
29%
5,200
8%
2i/a
8%
51/2
11
30
Commonwealth
3,500
10%
•
*40 Va
„
96%
96
96'
10 Va
8 >/8
5%
Jan
Feb
33 % Jan
$6 preferred series-
800
1%'
1%
10 Ya
73/8
41
>39
21,000
'
9
*83A
9Va
„41
1%
1
9%
54
47
•
:i7%
97%:
97
•
*2%
2%
8,500
•V
Sep
2
11
conv
6%%
'
1
8
51/4
5%
*5
*8%
*39%
97':
*96
"
:
<
5 '/a
5%
17%
30%
Jan
Commonwealth & Southern—No par
1%
"
5%
17 Vs
1
11
37
30% Jan
$4.25 conv pf ser '35
Commercial Solvents
80
2% Nov
Sep
27/8 Feb
51% Feb
No
Comm'l Invest Trust—
10
.
1
2
2
preferred——No par
Consolidated Cigar——
100
share
1% Jan
401% Jan
11
Consol Aircraft Corp—
94
98%
per
.
11% Feb
1,400
"
13
12%
share
-
7
M 4,700
v
17%; : 17%
12 3/4
12%'
98 3/4
7,000
4
4
4
18%
93%
*92
983/4
;
33/a
18V8
12%
12%
*91%
24%
per
,
Highest
I per share
Jan
Pictures—..-
conv
Commercial
5,200
41%
24%
33A
171%
173A
17%
162,900
403A
3%
18
24,300
.%
24%
33/4
18
9,600
113/8
11%
%
41
24%
$2.75
I
1942
t per share
par
Co——„No
Carbon
Columbia
4%%
24%
24%
17%
29%
40%
24%
*3%
18
5%
Columbian
106
*1053/8
11%
24%
„
33A
V..18
A
40%
393/4
..
'
29'/a
106
AS
A3
''
52
11
11 y8
11
11
iV
preferred series Apreferred
—«
6%
$
for Previous
Year
Lowest
Highest
—100
_—100
Columbia Gas & Elec———No
200
28s/B
28%
29%
5,000
32%
11
*3Q3/4
*1053/s
11
Par
60
X86
106
"24%
■, * 3 %
*98
94,500
1,900
86
28%
U
Lowest
Shares
share
47
*1053/8
,10%
.
per
85
87,
*841/2
31%
*107%
!
2%
51'A
106
■>105%
,
share
per
2%
503A
.
29
28%
Range
Range Since January 1
.
,
EXCHANGE
'
32
*31
I
3A
the Week
*46
45
45
2
50 3A
10%
10%
32
->303/4
493/8
87
*85
86
2%
49%
47
•*45
46%
:,*44%
2%
493A
49%
50
"49 'A
9 per share
mar«
per
2%
493A
Sales
YORK STOCK
NEW
tor
Friday
Feb. 11
Feb. 10
"2%
2%
23/a
2%
;
9
| per share
per than
I
..
Feb. 9
Feb. 12
Thursday
Wednesday
Tuesday
Feb. 8
Feb. 6
STOCKS
HIGH SALE PRICES
LOW AND
Monday
P«turd*y
Monday, February 15, 1943
No
No
No
No
133A Feb
33
109% Jan 11
2% Jan
37
t
V4
17%
Apr
19%
Apr
18
393A
Feb
5
107 3/8
Apr
Feb
4% Feb
11
1%
Apr
111
Jan
9
35%
Jan
2 6 3/8
Feb
49%
Dec
112
Oct
3%
Jan
Jan
par
54
29
40
Apr
66
par
57% Jan
67
Feb
8
46
July
73
Jan
par
62% Jan
74
Jan
28
47%
Apr
83
Jan
% Feb
11
A
Dec
par
Jan
% Jan
66
Jan
%
Oct
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4151
157
Volume
RECORD
NEW YORK STOCK
4
-
AND
LOW
Monday
Feb. 6
I
I per share
8%'
8%
8%
.8%:
42%
42%
42%
42%
4%
7 V2
*
li
34%
4%
7%
7%
25%
247a
u
*7/a
34%
34%
23%
25
*9%
10
23%
23%
23%
13%
*13%
*13
4%
13%
27
33%
106%
33%
33%
17%
17%
17%
107
33
17V4
'
17%
27%
•'
4%
4%
22
;
23
*22
27%"
*4%
1
22
1,700
18%
9,400
*98%
100%
*98%
100%
27%
27%
27%
*22
23
*22
4%
33%
4%
33%
33%
34%
34Va:
12%
13%
13%
*118
10%
10%
10%
41
41%
*40%
13
13 Va
13%
13 Va
18%
18%
,18%
6%
36%
18%
18%-
2%
2%
2%
10%
*51
54
7
*138
: 5 VB
.,••;
4¥8
7.8%
2 4 ¥4
24%
11;
10s/8
11
10 Vb
11%
11
79'
78 Va
79%
79 Va
79 Va
37
•'
1%
85%
46%
.
3
.
'
:■•'.
15%
15
5¥b
*105
15..
32%
*31%
.
18%
18-.'
5%
U-
.
,
*31 ¥4
%
33%
*31%
;
"18% *
18%
•
11%
11%
65
18
18
18-
18
17%
17%
108
15%
15%
15
:'!
6%
6%
18%
18 Vt
18%
17%
17%.
108%
108%
15%
15%
*15
106 %
15%
15%
5%
6%
6
6 Va "
6%
*62%
63%
62
62%
*65
17%
i
•
45
*43%
Z:-\
'
*83
85
;•
*87
27 ¥a
95%
\l<
95%
6
62%
,*62
18%
85
26%
87%
27%
27%"'
."
95
,
.
26
1
95
v
%
%
"•
91-T
'
91
"
26%
26Vs
26¥a|
87%
87% :
27%
27%
87%
.
27%
V
*85
r
:
"
84
''
*5
"94%:
1
9%
1%
5 Va
5%
9%
^8%
8 ¥4
*8%
5%
;77..
300
■
'■
.
26%
26%
*87¥i
8 8 ¥4
x27 V4
■
77
•
.
■
85/a
1
1
1
5%;
5%
*9 %
8%
5%
87
lVa
*93/k
9%
9
9
:
9¥a
r
*29%
30
*29Va
30
30%
30%
*2 4'/a
24 ¥4
*24
24 ¥4
*23 ¥4
2 4 ¥4
*23%
24
15 ¥4
15%
15%
15%
15¥a
15 ¥4
*
7-7.5
500
23%
23 ¥a
24
26
.26
*142
,
65
.
25%
25%
143
143
143%.
*55
23%
*55
23 %
*25 ¥4
142%
65
*55
23 ¥4
235/8
25 ¥a
26
142 ¥4
142%
,7. 62,000
,
2,300
9
•'■"•'
Va
-
2,400
600
;
24%
23%
26
142%
*55
15
,7,500
24%
26%"
142%
2,000
■
184
t
65
28
28 Va
28%
28%
May
21
3%
Oct
Apr
9%
Nov
Apr
10
10% Feb
117
8 Va
52 Va Jan
14
Feb
9
14
135
51
8
Feb
11
103
Feb
1
98
500
2,400
97
4 Va
2 8 ¥4
V.
7
/
10,600
7
-
'
930
-
138
Jan
Mar
7%
Nov
Jan
104
Sep
3¥a
106
5-:
Dec
53
Apr
35
12
10%. Feb
Feb
3%
4
Jan
Jan
2% July
6¥a
46 ¥4
Feb
Jan
5%
Nov
Apr
140
Dec
Feb
—No par
30% Jan
;
Feb
135
11.
120
2
34% Feb
10
21%
13
37 !/a Feb
8
x2334
Apr
113% Jan
22
Jan
29
111%
Apr
No par
1% Jan
4
2% Jan
9
A_No par
—No par
94% Jan
30
108
Jan
14
61
83 % Jan
14
89
Feb
11
64%
Jan
12
132
Jan
23
122
10
44 % Jah
7
47% Feb
11
No
Adv
par
126¥a Feb
2
130
No
par
17 Va Jan?
7
24
Feb
U
par
2% Jan
2
3
Va Feb
11
—*
1
No par
25
16% Feb
9
10 ¥4 Mar
Oct
40%
Jan
1% May
135/a Jan
30 ¥4
Apr
Jan
34
129
—100
A
Corp—
■
;4%
Jan
5
3% Jah
10c
'■77:' '' ¥a
Jan
31% Jan
15% Jan 75
preferred——
Feb
..rilVa Feb
Jan
2
67% Jan
16% Jan
■15% Jan
4
60
4
Jan
4
.14% Jan
108Va Feb
4% Jan
16
:
5
July
Jan
Feb
3 Va
Jan
14% Nov
5 ¥4
Sep
Jan
109% May
99% Aug
%
Jan
Apr
14%
Nov
A
Jan
10'/a
Apr
107%
% Mar
¥a
Oct
Mar
31%
Nov
Apr
7 19%
Jan
101
23
10;
'3*
.14%
:
10
55%
Jun
Jan
Jan
20
13% Mar
11
Feb
79%
.18% May
14
Jun
16%
May
110
Dec
Feb
10:
101¥a
Sep
111
7.V2
Jan
15 ¥a
Deo
3
Jan
5 Vb
Nov
1
,
Jan
10
6% Jan
Jan
59
128
,30
6 % Feb
65% Feb
2
7; 60% Jan
7 7;
Apr
13 ¥a Aug
,18% Feb; 11,
-4
17 ¥4 Feb
14
108
—*57
Rubber Co
19
.:
9% Jan .72
Corp———A—-1: r
preferred—No pari.:
122
3
28
:
Dec
1
%
Oct
44¥a
>
5
Feb
106
87
Jan
10
Jan
4
102
Apr
30
3%
32% Feb
5
Jan
Jan
Mar
Feb
10
>15% Feb
2
Feb
l¥4
131%
10
2
Jan
105
116 Va July
Apr
11
Feb
1 Va Feb
109
"■
% May
8
Jan
5¥a Feb
2
103¥a Jan
115
Nov
132
Apr
-No par
——No par
Co
1„————1
—,—1
Co——IOOt
(B F)
No par
:
5% preferred.'—I———No pat}A
Goodyear Tire & Rubb—No par
„$5 conv preferredl—No pan
Gotham Hosiery——No par
26
4
Apr
5 7/a
Jan
29
50
May
65 %
Jan
63
Jan
61
x40% Mar
Nov
'
18% Feb
14% Jan
12 Va
Sep
16
Oct
37%
10;
.
41
.
Feb
9
7712 Feb
Jan
44
Feb
11
45
Jan
v.
7,400
-1,800
A Jan
7,
2 7
.1% Jan
2% Feb
8
76
2 7?
Jan
24% Jan
85
U Jau
Jun
2%
73
Nov
82
Feb
4.
13
Jan
27
Dec
Jan
4 1
Feb
10
56
8 ?
27% Feb
10
10%
9 1
96¥a Jan
29;
6dVs, Jan
83%
Jan
90.% Jan
88
Dec
27
Jan
25 Va Jan
83
Jan
2
265/8 Jan
12
%
1% July
11,
Feb
Dec
.
————100
.Preferred
1
No par
Granite. City Steel
No
Grant
Gr
(.W T)
Ore
par
6
Feb
Feb
9-
»
1% Feb
.
2
8
5% Feb
Jan
5
10Feb
7% Jan
9
9 ¥8 Feb
10
Jan
4
,29% Feb
27
15
32
3
24% Jan
1
>
47/a
81 ¥4
Dec
A SeP
Sep
1 Va
Nov
4
6 '
4.
6
5 Va
Jan
Mar
8¥4
Dec
Apr
9%
Nov
22 Va May
32
Nov
23
.
25
Feb
July
24 V2 Jan
5
Feb
10
13 Va
Dec
18¥4
Oct
24% Feb
1
19¥4
Jun
25¥a
Feb
11
.722%
Jan
6
16
21% Jan
7
Apr
28'%
Jan
2
26 % Feb
138
Jan
2
143% Feb
5
130
Apr
100
65
Jan
27
65
Jan
27
50
July
63%.Nov
31% Jan
19
35
25
Apr
33% ;Jan
Apr
147/a
& West RR—
L)
Co
par
—
-1
Inc—
—No par
—10
23 % Jan
Feb
9
14 Va Jan
4
1.5% Feb
5
10%
Jan
4
1134 Feb
1
10
11
Mar
10Va Jan
2
12¥a Feb
4
9 Va May
pan
2% Jan
2
3% Jan
29
l¥a May
100
81% Jan
19
Gulf Mobile & Ohio RR— —.No par
3% Jan
12
Grumman Aircraft Corp—
-Jo
Sugar
$5
,
Nov
—100
Guantanamo
8%
,90%. Dec
Jan
x58
11
12 Jan
8
,
Jan
1%
6
87
10
No
—No
Western Sugar
Preferred
(H
11
11
i.20
i—
Prop-
Great Northern preferred- .—No par
Great
V
Jan
par
Ai
Co—
preferred--
Nor Iron
4% Jan
80
4% Jan
Graham-Paige Motors——.
Granby Consol M S & P_
93
28
16
10,
Nov
94%
28
10
4Va Feb
1
3
28
21% Feb
12
Jan
Feb
3%
28%
11
3
2
12%
28%
19% Jan
Jan
130% Jan
3 Va
4
11
Jan
Jan
12%
•.'
Sep
21%
3 Va
4%
Jun
8
Apr
12 v4
4
l'/a
9
16¥a
12%
4
10
12 ¥4 Feb
1
12%
3%
1%
3% Feb
6
2534 Feb
12%
■
Sep
Jan
11
2
5
12%
3 Va
2 ¥4
2%
2%. Feb
l¥a Jan
20 Va Jan
*11¥4
4
Nov
Oct
11 ¥4
3%
Jan
97
90%
11%
4
.18
Apr
Nov
11%
3%
Apr
85%
66 Va
11%
•
15 Va
13
80
11%
94
10
Jan
5
*11%
.
Feb
Jan
71 ¥4 Jan
Green
•
20
97
May
100
Greyhound Corp (The).—
5% % conv preferred—;-
93
38 ¥4
No par
7,500
91
Apr
Dec
2,500
12 ¥3
Feb
45
27
9¥8
15%
-
10 %
Oct
30
Sep
34%
.
Jan'
Jun
37% Jan
7
6¥i
15 '4
90
17
Safety Razor—.
Green Bay
12
Sep
5
38
NOV
5
34 Vz
90
29
18%
11 Va Feb
15%
92%
1
Jan
7
Jan
Nov
136
4
34 Va
90%
14%
18% Feb
12%
No par
(Adolf)—
5 %
3,200
¥a
May
Dec
42
Apr
7¥a Jan
15 Va
12%
114
Jan
11%
Sep
9 V*
3¥a
34%
3
8%
27% Mar
4¥«
15%
2%
Jan
36¥b Mar
Sep
35
2%
5 Vb
Aug
2
15%
^2
May
2¥a July
34%
3
3
28
11-
6
15¥8
3
Feb
10
28
34%
*11 %
21 ¥4
4¥a Feb
15%
12
Apr
5% Jan
341/4
•
18
2
34%
.
2
Jan
2
15% ■V 15%
34%
Dec
Feb
23
9
Grand Union w div ctfs—.
.
9%
30%
15 ¥t
26
143%
80
5%
29 '/a
24'/a
65
*55
65
¥4
2,500
■:
*23%
16
15%
¥
9 va
9%
30
30
5
*9%
27'%
2¥a Jan
Corp_^_
&
Goodrich Co
500
.
.
£
87
1%
-1
x5. :;• •' ?5%
Mar
10
Gold & Stock Telegraph
5,600
■..••:
5 ¥4
'
15
—_10Q
Goebel Brewing
6,800
•
94%.
793'4
6
87%
:
30
10
Telephone Corp-20
Corp——No par
conv
Gobel
50
27 Va
94 Va
*85
'
28% Jan
Feb
Dec
96'/a
■
5,100
?
27 ¥4
5¥b
6
7
39%
16%
Apr
Jan
—
'..••77 1,200
"
91
88
94%
94%
87
May
13% Feb
No par
No par
No par
$6 preferred
1
No par
Glldden,Co (The)
——No par
4%% conv preferred—
50
$5
"
85
•
*9%
"
-5%
*9%
6
85
*83
IVb
l'/a
'
5%
6
5%
86
10% Feb
preferred—7-7—_——100
Gillette
*
84
30
Apr
29%
41% Feb
Gimbel BrothersLA
777' 76,200
JJI
2%
*83,
Jan
19% Jan
Time Instru
General. Tire
300
77.;
13."
¥4,
2 %.
98
25% Jan
preferred—^100
Realty & Utilities1
pref. opt div series—-No par
.6%
300
45%;. 7,
2»A
'
*2Vb
2V4
11
Railway Signal——No par
Gen
2,900
,
18%
*44
45%
9%
Dec
Dec
Nov
105
j 4¥a Jan
preferred
General
8,200
»
-
,i
V
tt
*83'
•
*44
10
—
—
Precision Equip
General Shoe
800
7
M
63%
17%
30
18% Feb
Gen Steel Cast $6
10
¥7? 6¥a
17%
45
,?
*2
87%
,
'
"
%.
2%
25%;
-
45
V ';.
:
85
■;
87%
27%
:
.
26 ¥a
25%
45
¥•:•■ 2 VB
2%
17%.
17%'? V'
■'¥.*43%
U
*2%
•
17%
;
34% Jan
7
97% Jan
G.eneraLRefractorieis-—-—-No par
*
"•17
5
15% Jan
11
preferred—
Gen
1,000
7.7:7'
68%
6¥b
17¥a
62 Va1-
*62
31% Jan
'
2,800
*'
•".(
6%
6%
62%
i"
6
87%
2 Va Jan
Cigar Inc
Outdoor
$6
.2,800
65%
6
-
29
2
General Printing Ink—
4,106
16
6 Vb
65%
*65
6 V«
107% Jan
9% Jan
Common——.—No
580
■
*65
6
12
Gen
108%
65 Va
6%
6 Va
65 %
*
26%
96% Jan
preferred——
$5
2,000
17¥s
Dec
43 Va
Jan
10% Jan
General Motors Corp
_$6
18%
17¥8
14%
Apr
13%
Feb
28
39% Feb
Gen Public Service——.—;
•
Apr
7%
29%
104% Jan
—No par
1
General Mills——
6 %
.
Jan
Jan
4
35% Jan
1,300
j
18 Va
87
4
14
10
4,400
://
Apr
Nov
11
15
44% Feb
8'
Jan
25% Jan
4% Feb
preferred
Foods
Feb
11%
74%
11
Jan
42
—.-1
100
preferred-
$4.50
3,100
.
66%
17¥a
108% i
12% Jan 27
5% Jan
Gen Gas & Electric A—
.
r.
66
■
18% Feb
86% Feb
16% Jan
preferred
General
.'7-:; 70
-11%
11V4
'•
Jan
Va Jan
———.—
General Electric Co
33'4
18%
6%
65 %
66
15
78
34% Feb
preferred
—
cum
7%
Gen
.
'
¥
%
*106%
15%>
65%
6 Va
f-V
;j
U
.
4%
5% Jan
Gen
.7
.18%. 719;
19-
11%
11V8
65%
18
108%
Va,
11%
65
:7
15Va
.,
Jun
8
14,100
7
**
1%
*32
3
10
500
2,100
;
17%
17% V"
*106%
18%
11'/a
65%
*106%
33%
18%:
18%:
■"
11%
66
■17%
-*32%
33 "A
•
:
%
65
11%
65
77
%
%
'
s:
106 1
*105
13%
7¥a Feb
29,400
■7 ;;, 600
;
5%f
15 Va
■
Apr
:,4l¥a Feb
5%
108
1
3?
106
*105
8
4% Feb
3% Jan
Jan
4
? 800
;
16
5%
15¥b
15%.
14%
106
'
•
3Va
108
%.
%
•/% ••:•
14%
;
24
15 Va
5%
109
109
Dec
$6 conv preferred series
127%,
2¥a
16
5%
5%
109
*105
%
3
15%
16 Va
15'Vfl
106
2¥s
14
4
17,600
47 ¥4
23%
23
2%
*108
%
*%
-
2¥a
' 15% 77 .'
.-
*105
22%
Jan
13% Feb
Jan
100
89
*127%
109
%
77
106
127 Va
5%
*107
¥-.i:T >,riv;
15%
15%
47%
127%
16
5%
107¥s
x47¥b
22
22
2%
15%
5%
107%
%
2 ¥4
;
47%
47
Vb
23
24'/a
Jan
132
,127%, 127%
47
*21%
Dec
37
103
47%
19%
102
3,500
2
*131
132
23% Feb
19
29,800
37 Va
88%
88
*131
132
*131
127
*127
87%'
87%
20% Jan
6¥a Jan
20
118%
*100
103
93
52 Va Jan
General
500
'
.:
•..
34 ¥4
1%
2 Va
2
*100
87%
132
46 ¥a
47
127
*21% "22%
2
25%
*114%
Sep
50
t7%
Jan
69%
Investors——No par
Class A
Jan
92% Feb
11
460
Jan
Jan
14
3,200
•r
128
37
37 Vb
4,400
80
34 Vz
118%
103
1%
87
*131
132
115
*98
103
36%
*114 ¥4
37 Va
115
1%
1%
*86%
86
36 ¥4
37 Vb
3.600
v'7
11%
,
*124
34%
34 Vb
34%
33 ¥4
:f:'j
4%
.
25 Va
25
138
115
*98
104
*2%
x25
*134
33%
*114¥»
1%
127
25
135
36%
115
*131
25
135
33 ¥a
33%
*100
25
135
*24¥j
~Uw;;,
5
79
*134
135
37
4%
10%
11%
79
*114¥4
4¥8
4%
4%
4%
%
4¥«
Jan
8%
Jun
86
preferred—
No par
Amer Transportation
—5
General Baking——
-—5
$8 preferred—:
—— No
par
Generai Bronze Corp
—5
General Cable Corp
——No par
3,500
16,100
■
140
*138
:
5%
5Va
78%
11%
33%
4
140
*138
5%
7%
7 Va
75/B
7'
:•
r«iJi
37%
29a/4
6
$6
41%
Apr
Jun
19
Gen
105
40%
Nov
27%
Feb
3% Jan
Industries Inc—;
conv
1%
Jan
11
9 ¥4 Jan
3% %
Oct
Jan
4%
20
25% Feb
73A Jan
Gen Amer
2,800
8
Dec
li
preferred———10
Gaylord Container Corp..,^5
54
*103
41-
7%
10%
.,
7%
104%
41
140
5Va
*51
77/a
*103
7%
10% ;
10%
7%
Sep
7%
28%
18 Feb
36
5 %
% ¥300
f-,7
400
v
4%
Apr
Jan
19
6% Jan
Oct
May
1%
7% Feb
25% Feb
30% Jan
■;
(The)
Co
Wood
Gar
4% Jan
13
33% Feb
preferred-^—
Gamewell
15,300
2
4
Jan
9% Jan
(Robert)
Inc
Co
6%
540
*8% "1:7,9
'
1
Dec
cl A-——No pur
I
(The)
Gabriel Co
.3,500
>":•
4%
4
70
25
preferred—
conv
Galr
51,300
21
21
■:
54
*51
41%
*138
/
9
\ 10%
«>
104
7 Vb
■•>•
9
<
.
.-
12 ¥a
,,12%
4%
7%
41
5%
4%
54
7%
*103
140
-
"10%
*51
7 Va
•
9-
•*10%
41%
12¥a
21%
3%
'
37/8
*8%
105
12%21 %
12%
21%
1
3 ¥4
7%'
41%
5%
*134
7 ¥b
*103
140
4%
>
; 8%
10%'
7Va
*137%
77 5
"•'••.
12
5%
2,700
3%
21
41%
7%
:;2¥a
3%
*
104
*41
2 ¥4
3%
11%
7¥b
*103
2¥b
3%
*10%
54
*7%
10
3%
Dec
No par
Co—
Trailer
Fruehauf
900
x2%;
*51
*10%
;
2¥a
8 %
•
'v
•i....'
3%
21%
7
9
'•
*8¥»
.
98%
2%
1 1 5/s
■.
■'
70
-1
.10
:_10
Co.—
Freeport Sulphur
1,700
20
20
*97
98%
F'k'n Simon & Co Inc 1%
f
69% Jan
No par
pfd—100
Francisco Sugar Co
"•
:
77 2%
20 ¥4
■
3¥b
3%
20
480
7,900
-
36%V 36%
36%
19%
*97
•
7
V 50
2%
1
3 ¥4
11%
21
20%
•
36%
19%
.97
2%
*11%
;■
19%
97
'
6%
*46
*
.
2%
2%
2%
>
18%. >
97
18%
50
f
'
■"'■•'
7
6
*46'
800
4,100
18% •-¥
18%
18%
18%
'•■
36%
36%
36%
36%
*96
97
•
y.
50
'
'
"
36%
*95%
7
6%
".*46
"
18
100
Food Fair Stores Inc..—
Food Machinery Corp...
Foster-Wheeler ——
$7 conv preferred
•
6% prior preferred
1,400
«••■••/■'
129
*118
129
*118
18%
18%
:■;• •:."••
6%
50
*45
129":
*118
18%
6%
6%
50
*45'
310
13%
*10%
Jan
—10
Follansbee Steel Corp—
5% conv preferred....—.
1,500
1
41%
12%
.
Oct
44
21% Jan
Florsheim Shoe class A——No par
500
!
10%
40
129
*118
:
127
*
34%
10%
39%
13
*39
600
}y
4%
39%
■
•
_•__,
j 23%
4%
4%
10 %
10%-
■
40
40
••
•
10
Jun
2
% Jan
Fidel Phen Fire Ins N Y——$2.50
Firestone Tire & Rubber
—10
-6% preferred series A—
100
First National Stores...
No par
Flintkote Co (The)—
No par
- $4.50
preferred
—No par
Florence Stove Co—
—No par
33%
'
10%
'10%
10b
Jan
3% Jan
-1
Ferro Enamel Corp—.—
3,200
'600
17%
22
4%
33%
XlQb
preferred
1,300
•
33
28
4%
i.' '
44%
27%-
3%
32%
9% Feb
9
5% Jan
No par
100
Dept Stores
conv
4,300
13%
43%
•
33%
17%-
100%
*27%
.
;
22
*33
33
33
-
4%%
18%
33%
'
28
Federated
200
26%
•
•-
107
600
27%
*98%
100%
*98%
100%
28
27%
107
106%
-33%-
-*106%
107
16%
27%
14
44
27%
•
10,000
86%
13%
13%
43%
27
4%
-
86%
87'/a
100
'
17%
4%
*17%
44
13%
43%
27
4%
,
*86%
43%
13 %
Jun
8% Feb
43% Feb
24
Traction—15
— ——.—No par
Federal Min & Smelt Co——2
Federal-Mogul Corp..
.—5
Federal Motor Truck..
No par
2,200
23%
13%
17%
4%
88
14%
r
27%
*98%
*86%
23%
10%
4%
9
68% Jan
preferred
$6
10
$ per share
12
Federal Light &
1,300
98%
Highest
S per share
$ per share
Jan
8
-
Fairbanks Morse & Co——No par
Fajardo Sug Co of Pr Rico.
20
1,500
13%
•
500
6,300
23%
-
17%
.
13%
*33%
—
11
10%
23%
•
36
*92%
4%
17
17
88
10%
98%
*13
14
43%
15
43%
107
—
2,100
—
24%'
10%
23%
4%
4%
17%
*85'
43%
„.
1%
X24
*92%
98%
92%
17%
15
300
3,400
__
25
35%
35%
25Va
24%-
10
10
*92%
92%
88
•••'27%
x34%
34%
18
*85%
n
23%
4%
4%
25
25%
___
——
8% Jan
1942
39% Jan
No par
No par
100
50
5
5
3
$2.50
tErle RR common.
Ctfs of benef int
- 5% pref series A—•
Erie & Pitts RR Co.
Eureka Vacuum Cleaner
Evans Products Co
Ex-Cell-0 Corp
Exchange Buffet Corp
Year
-
Lowest
Highest
I per share
Par
1,900
11,700
4,200
■
-
4%
7%
25
—
—
„
4%
7%
23%
13%
18
'
.
73
4%
7%
34%
,
23%
*13
'
—
—
Lowest
Shares
:
98%
23
>62%
73
4%
%
10%
*92%
8%
43%
7%
25%
25
34%
24%
*9%
*68%
'
9
8 %
43%
*4%
Vi
23%
43%
7%
7'/4
25%
25%
9
v
A
8%
43%"
73
>68%
9'/a
8%
8%
Range Since January 1
NEW YORK STOCK
EXCHANGE
Sales for
the Week
t per share
t per share
share >
4%
"4
4 Va
7 'A
Feb. 11
8%
874
43
42%
73
s68%
73
*68%
t per
share
per
Range for Previous
STOCKS
Friday
Feb. 12
Thursday
Feb. 10
8%
8%
8%
,
:
*
S
share
8%
8%
'*
■
Feb. 9
per
PRICES
Wednesday
Tuesday
Feb. 8
Saturday
V
HIGH SALE
609
preferred--
preferred
——
—
—
<
Jan
Dec
11% Aug
14.%
Jan
3%
Jan
86
Sep
Feb
11
48%
Jan
4% Jan
18
2 Va
Jun
4%
Oct
Jun
33%
Oct
97
-
143
18
par
25¥a Jan
2
30 % Jan
18
22 ¥4 Feb
11
23 % Jan
4
193/4 May
25
Feb
25
36
13
37 % Jan 1
7
29
Apr
35
Dec
25
10
—No
8¥4 Mar
13
Aug
H
2234
23%
*23
23%
*22%
23%
36
*36
36%
*36
37
*36
37
14
*13%
13%
*14%
13%
*13%
13%
1334
14
11'4
11%
11%
11%
11%
*13%
10%
10%
*103
105
For
footnotes
11
10%
105
see
11%'
105
page
*104
615.
106
i *23
*102%
23%
106
*36
*102 Vi
300
23
23%
36
37
106
»
110
300
1,000
10
Hackensack
7 %
Hall
Water
preferred class A_
Printing Co——;
Hamilton Watch Co.—
6%
preferred
No par
100
Jan
12% Jan
5
9% Jan
18
105.
Jan
30
Feb
11
11% Feb
11
8
Jun
11V4
Nov
Jan 30
95
Mar
1063/4
Feb
14
105
THE COMMERCIAL &
610
HIGH SALE
LOW AND
Monday
Feb. 9
Feb. 6
# per
s
103
*90
7%
*7
*90
7%
*7,
104 ¥2
*102
Sale*
the Week
$ per share
16
5
*92
98
NEW
7%
4%
7%
7%
Range for Previous
STOCK
Hanna
10
(M A)
Lowest
'//"
Co $5 pfd
Harbison-Walk
I
135
*7%
7%
V
■
100
Hayes Industries Inc__
I per share
share
103
6
13'% Jan
par
3
Feb
5
135
Apr
104
12'%
3
5¥4 Feb
1%
1%
1%
2
2¥a
2 %
2¥a
97%
96%
97 ¥4
96%
97 ¥2
97
97 ¥2
97 ¥2
97%
*60%
62%
*61%
62%
*61 ¥a
62%
61%
61%
60
60%
2
V/a
*155
*155
160
77 lA
14%
*132 ¥2
160
14%
77 ¥4
77 ¥t
77%
*155
160
14 ¥4
14'%.
*14
2
*155
160
14
14
14%
77%
7 7 ¥4
*132'/a
136
*49'/a
51
*49
55
*49
*100'%, 102
102
102
*101
77 ¥a
51
105
19
*17
*17
30 V*
23%
*8%
14%
*16%
Apr
Apr
146
5
Xl26
3% Mar
2
7
Jan
9
8
Jan
29
5 %
May
VA
Jan
2
2'% Feb
10
%
Jun
1%
Jan
Apr
94 >%
Dec
May
141 ¥2 Apr
58%
80
*37
¥2
;,
17 %
8%
8%
*14
35
34%
18
9
14 ¥2
.
9¥4
14V4
35 ¥4
38
351/4
*37
38'/4
*37
10%,
10%
11
11 ¥2
11%
11%
45
46
45%
45%
45
45 .>•'
109%
*108 ¥2
109%
5 Va
4%
*108'/2
5
*34%
;
35%
1V4
33%
1%
*108%
5
1 >/4
VA
1 ¥4
79'A
10
Jan
5
154'% Feb
1
k 12% Jan
8
14% Feb
8
8%
8%
14%
351/4
14%
¥
■
45'/2
45%
*45VV
*108%
109%
5
■•■'300
par
73
_100
131
49
100
Hires Co
•
Holland
,t
12
<
5
34%
5%
34%
1%
*1¥4
1
1,400
./
VA
¥a
1,300
Hudson
*5 ¥4
6%
*5%
6%
5%
5%
*5%
6%
/.
100
23%
23%
23%
23i%
23%
23%
23%
;f
4,000
6%
6%
5%
6
5%
6¥u
6¥a
6%
6:'a
6%
1
1
1
%
lu
1 Va
8%
8%
8%
8%
20 ¥2
20%
20
38%
*38
*38
4
¥4
*14 ¥4
38 ¥2
4
4%
4%
*4¥4
14%
14%
14%
11%
11 Va
11 Va
*
34
33%
33%
98 ¥4
99
99
*165
172
172
68
68
11 ¥2
11%
4%
4%
11 ¥a
14%
*
99
14%
23 ¥4
¥2
*7%
14%
166%. 166 ¥2
11%
98% ¥ 99
*162'
*162
67
11%
X66%
11%
11%
*6¥a
7%
*6%
*6%
7%
24 ¥a
24 Va
24%
*107
107
24
7 ¥2
24
108
108
*7 ¥t.
7%
7%.
108
24
24%
108
7%
7%
*
24¥4
108
7%
6%
Industrial
*108
20
*153%
58%
165
6%
6%
7 ¥a
*154
155
59
165
7 Va
,' 7
7 ¥2
7%
154 ¥4
154
154%
*153%
154%
58%
165
58%
164%
.
165
59
58%!
164
39%
Oct
5
12
Feb
11
8'A
Jan
11%
Nov
3
30%
Dec
96
Apr
May
441/a
Jan
28
1091/4 Feb
4
3% Jan
2
5Jan
29
30 'A Jan
4
Feb
2
% Jan
7
1% Jan
25
4 ¥2 Jan
7
4 ¥2 Jan
36
8
22 ¥4 Jan
2
11 Jan
100
8
6% Feb
11
3'/a
Jan
iy» Feb
11
2
Jan
7
18'% Jan
2
20% Feb
Jan
7
39
4
Jan
9
No par
11'% Jan
10
8% Feb
1
2
14% Jan
28
13% Jan
58%
166
165
No
No
Steel
33% Feb
par
89
par
Jan
2'%
Jan
.¥,
10% Sep
-
2
99% Feb
Jan
2
6%
par
- Feb
62
_20
5
*10
1
166'% Feb
5
68% Feb
'11% Jan
27
6% Feb
Interchemical
6¥e
300
16,900
400
■
59%
—No
21% Jan
par
28
100
106'
Jail
'7
; Jan
2
:No
par
6
Jan
2
I»¥ Business-Machines_i—No
par
Internat'l- Harvester——i__No
par
1,220
24% Feb
21
par
-t Preferred
144'% Jan
20
56% Jan
20
162
100
¥
Jan
Oct
Jan
July
163%
Apr
8% May
74%
Feb
12 3,
Jan
6%
Feb
Jan
Apr
18'%
Oct
23%
100% Aug
111%
5
¥4
Apr
5% May
109¥a Mar
¥
1
10%
Dec
Feb
Jan
Jan
8
151'%
Jan
40
Apr
61
Dec
147-
10
1% Feb
Feb.
100
5'%
60'A Feb ¥2
Feb
16¥s
May
54
29
166
Oct
Oct
153
9
154% Feb
9
4'%
Dec
30
7'% Jan
Nov
Mar
42
14'%
8
Feb
7% Jan
108
91%
23'%
Apr
35
3
No
—v—i
Rubber—
Interlake .Iron—
•
8,300
165
Corp..1—.
preferred
IntercontM
1%
Apr
30
6% Jan
1
Dec
5% Nov
Jun
5
6
;
74
9
Jan
Jan
'
23%
21
"
165
100
—No
j.
10
Jan
May
32 ¥4
12
35% Jan
8
5%
13
29
Oct
Feb
VA Aug
5'% Aug
•
Jan
A Jan
2
Jan
4'% Feb
2
11% Feb
2
Sep
4%
Apr
37
Rayon_.
Jan
16%
__i.„1000
A
%
25
22
Feb
34 ¥4
Apr
29% May
6% Jail
■
106
2¥»
23% Jan
,t
100
preftrred—i———1_
Inland
1,900
i'y, ¥ 90
■¥
7%
154 ¥4
58%'
58
165
Jan
9% Jan;
_100
Insuranshares Ctfs luc.^
7%
6%
155
27
100
Inspiration Cons Copper-
'
6%
26
par
.—
Feb
38'% Jan
108
Co—i
Jan
12
100
RR
Dec
38'A
25
4 %
7%
115
Oct
par
_t
Dec
Nov
18%
Dec
Dec
y'i
36'% Jan
par
c_<
15
17
29% Nov
21 ¥2
5
t
Jan
28
"
24¥4
Oct
102%
36% Jan
45% Feb
Refining
.'. .6 %
1,900
■■5,000
108%
7%
Dec
Dec
5
2
Ingersoll-Rand
7%
7%
:
75 ¥4
48 ¥a
Jan
Jan
Indianapolis P .& L Co__.
Indian
600
11%
67 ¥a
11%
31t
100
ctfs series
300
68
11%
671/4
Nov
134
/
Jan
6
12'A
110
44
Manhattan—.
800
¥■;:,
170
67
68
11 ¥4
9
28
'—No par
v
Mar
12% Mar
¥' 11
Mar
/;
14 ¥4 Jan
1
170
66 ¥4
11 ¥4
9'A Feb
151/4 Jan
preferred, series A
.RR See
2
2
—.
Central
11
6
Bay Min & Sm Ltd——No
6%
5
Feb
Jan
12.50
Texas
/-Leased .lines
.
1,800
33%
99%
,
,i.
520
11%
33%
*981/2
99%
11 ¥2
33%
&
18'/a Feb
30 ¥4 Feb
xl8
Jan
preferred
Illinois
1,300
14%
11 ¥a
33%
11%
34
79
7
————1
250
11
100
—No pur
;
Feb
18
tHupp Motor Car/Corp
4 ¥2
4%
5%
Hud
6,900
38%
104
21
Hudson Motor Car—.
20 ¥3
38%
7 ¥2
*6
106
3
*20%
5
16'A Jan
19,000
:
Jan
Feb
14Vs
3O'A Mar
28% Jan
17,200
v.
8%
20%
3 8 ¥2
14%
*33%
*165
8% i
8%
8%
20%
*38%
41%
14'A
*11 ¥4
*33 ¥2
98 ¥4
.¥;¥
20'/a
38%
*38
¥2
1
A
fit
8%
8%
20%
20%
¥4
U?
1
10
13
preferred—
Houston Oil of
Howe Sound Co
23%
6
2
Feb
No par
.—
Household Finance
6,200
v
Feb
Feb
51
77% Jan 29
5
—
Houdaille-Hershey cl A
——M)
Class B—_v%.——No
23%
*5%
23
preferred—;
Homestake Mining
:1,000
5'a
34
125
134
9
1
(A)
Holly Sugar Corp——
109%
*108%
¥51
5
23
Jan
Oct
158
Apr
Apr
Jan
_10
—
(Del)
9,500
¥
10'A
Jan
¥4
14'% Jan / 6
10
The
4,300
.
¥
46 ¥4
(C E)
Furnace
Hollander & Sons
900
39
5 ¥a
34¥4
No
preferred
cum
99
'
•" 900
1,100
:
'
,
35'A
11%
par
Hershey Chocolate————No par
$4 conv preferred
-No par
7%
34'/a
No
Hinde & Dauch Paper Co_
'/•
152
100
Hercules Powder
100
200'
\
May
8% Nov
45
*113',4'
11%
1 ¥4
30
61% Feb
6%
•
18
*38
5
Jan
6
:
30 Va
30
38%
11%
34
20
56% Jan
20
*16%
9
*37
109%.
4%
34
34%
136
Xl8
14%
34%
38 ¥4
Via
18
¥4
93¥a Jan
25
1,400
104
*113¥4
35¥4
¥4
104
30
14 ¥2
/V
55
*8%
14'A
*113¥4
34%
*50
18%
30
25
W)
Preferred
77
*132
104
* 16%
*17¥4
30
76 ¥4
/•
88
Jan
Helme
Motors—.
Dec
Feb
730
Hercules
¥4
90
^2
¥' ¥ 1,100
Jan
Jan
4
2
300
14%
51
*102 ¥4
17%
*13%
:
Jan
Mfg Oorp—
tHazel-Atlas Glass Co
(G
Jan
16 %
86
—
Hayes
160
136
51
30
¥a
77 ¥4
*132%
17%
*113 ¥4
*113l/4
136
30
29%
8%
*14'/a
*132%
19
*16%
17%
*16%
136
*155
27,500
Highest
I per share
98
2
Feb
I
97 Va
1912
I per share
16% Jan 29
6
Feb
4 ¥4 Jan
preferred—— 100
Hat Corp of Amer class A———.--1
6'% % preferred
——100
98
per
Lowest
Highest
99% Jan
No par
Rcfrac—No
6%
1,300
Year
Range Since January 1
'
/
Par
1,000
5
*92
YORK
EXCHANGE '.¥¥
140
5
,
16
*135
for
Shares
104%
16
140
Xl5%
95
*7%
t per share
>135
5 Va
*5
95
*90
95
'102
16
140
5%
5
Feb. IX
t per share
104%
16
*135
16 ¥4
140
*135
5%
V'e
104%
16
16%
140
*102
Monday, February 15, 1943
STOCKS
Friday
Feb. Vi
Thursday
Feb. 10
I per share
share
per
*102
103
*16
*135
5
f
hare
PRICES
Wednesday
Tuesday
Feb. 8
Saturday
FINANCIAL CHRONICLE
May
166
July
11
;
1
1
1 Va
l¥a
•k
1
1
'.¥
1%:
11%
11%
11%
11%
11%
14%
14%
14%
15
15
*59
61
60 ¥2
60%'
*4 Va
33%
*132
*4
4%
4%
4%
34
33%
33%
*132
133
4%
33 Va
133
133
1%
11%
11%
¥ 7,600
"■h '5,100
16%
16'4
T6¥a
5,400
61
10
9%
10
9%
10'%
10 Va
55
54%
55
55%
55%
55'A
*3%
3%
3%
43%
43 ¥4
*40 ¥2
*40 ¥2
41%
30%
30%
37%
37
*102%
108
7%
*7%
10 ¥4
*92
95
*11 ¥4
11 ¥2
29
142
11
*27
*96%
70
*126
4138
*41
41%
*30%
31
*37%
39
*102%
108
*102%
108
10
10%
*92
29 ¥4
29 ¥4
*136
11
r 11
26%
26%
*96%
100%
127%
71%
*126
29 Va
11
.
71%:
72 ¥4
*126
127 ¥2
¥
10%
127 ¥2
102;
74%
*126
20%
20%
20%
20%
*58
58%
58%
58%
58%
58%
5 8 ¥2
*67%
69
68 Va
68 ¥2
69
69
69
9%
9%
9
13%
13 ¥2
13
20%
10
10
%
21-
¥••
127'%
127 ¥2
1271/2
20%'
21 ¥4
21
International
58 3 i
58%
.69%
*68%
6 9:j,4
7
10 Va
lO'A
10%
10
10
13 ¥4
13
13 '/4
131%
Salt_i_.._Nv
43'% Mar
10
1 ¥2
Oct
30 ¥4
19.
29
Oct
60%
Jan
3%, Nov
46%
Jan
Jan
7
41V4 Feb
1
39
Mar
48 ¥4
Feb
Jan
4
30'% Feb
2
26
May
32
Feb
Jan
7
40
Feb
1
26
May
39%
102'% Jan
15
104% Jan
28
May
104'%
Oct
par
6'% Jan
7
7% Feb
1.
1»%
Jan
7'%
Nov
k_i.No par
6% Jan
7
7% Jan
30
2
Jan
7 ¥a
Nov
10% Feb
Nov
Silver
par
50
:
Foreign share ctfs—
Interstate Dept Stores-..——No
Island Creek Coal
•
86
¥
94
-
Oct
9'A Jan
7
11
6¥«
Jun
10%
90% Jan
14
94
Jan
5
88 ¥4
Apr
95
Jan
par
10 ¥2 Jan
4
12'%
Feb
11
7%
Apr
11
Dec
1
27 ¥2 Jan
5
29'% Feb
8
24%
Apr
32%
Jan
Jan
5
139'% Feb
par
-I__—100
Intertype Corp—ik—
No
—
preferred—
135
;
_1
—1
9'% Jail
12
11
Jan
29
No
par
26% Jan
11
29
Jan
4
11-
127
Apr
138.
Nov.
'
Jar-vis (W B)
800
Co_
Jewel Tea Co Inc
-4¥4 %
■
preferred—
100
1
Johns- Manville—i_¥¥-k-—-No
par
70
Jan
21
126"
Jan
27
Jones & Laughlin Steel——No par
-8% pref series. A—__—__100
pref series B
Mfg Co
Joy
19% Jan
76
10
127'% Feb
11
21 ¥4 Jan
7
Feb
30
■
Jan
Jan
50% May
73%
122
Jan
17'% May
59'% Feb
10
53 ¥4
Dec
69% Feb
10
61 ¥•-
May
10% Feb
10
54i% Jan
7
64% Jan
8
8'A Jan
4
10
xl2% Jan
19
2
5
Feb
iNo par
122'% •Feb
2
123
Jan
7
117
Mar
5'A Jan
2
6
Jan
18
22'% Feb
1
■
Nov
107%
100
conv——
10%
33%
May
1
5%
"4,100
5%
18% May
85
100
Preferred
10,200
13'%
55% Feb
Jan
28
/
v..;;.-:/
600
■¥'. 600
f;
2
45% Jan
Oct
Dec
15 ¥4
36
10
V
f
Dec
100
Intern'! Telep & Teleg—____No
r% 5,000
.
7%
¥ 40
•
21%
59 ¥2
:
10
International Shoe___k— —No par
■i-•coo
75%
10% Feb
4'%; Nov
30%
136
International
103%
751/4
2
4 % Jan
••500
1
Jan
44% Jan
Vrfv%'¥30
11
Apr
4
-Preferred
28
Apr
11
700
¥
1%
24'%
8 'A Jan
:
Dec
126%
3% Jan
100
¥2
¥*96%
h
76
preferred
conv
Jan
57
6
15
Co—
Jan
Dec
38
30
135
%
12%
121/4
May
Apr
29
11
37'% Jan
¥' ¥ 5.800
I 1,700
139 ¥2
27i%
Paper
% July
5% May
3 ¥2
Jan
.131 ¥2 Feb
5%. preferred—-—1—100
3i; 200
29 ¥4
*10'%
27%
*96%
74%
,7
29 ¥a
139%
¥4:
i
10%
12
5%
4 ¥2 Jan
34 % Jan
28'% Jan
:!—100
Inter Rys- of Cent Am—No par
95
12
29
27'%
100 ¥2
10%
*93
.
3% Jan
—1
iPreferred
-.7%.- preferred-———_100
7%
142.
xlO%
•;
27
27
7%
.
15
,
500
100
"■/¥';
108 v¥
62'% J an
International
1,800
-
7%
12
*29
*136
.
*96%
95
11%
41%
31
11
55% Jan
V
5
16'% Feb
12
280
•
39
•'"V-i 7%
10 ¥4
10%
*93
.
142 A
10%
'
27%
7%
12
*136
100%
7%:
95
.
*28%
142
7%
10
*11%
¥2
11
7%
7%
'V/; 71/4,
95
.
*102%
7%
7¥4
411%
*30%
*37i%
/I
Feb
11% Jan
Internat'l/Mining Corp—__i
4,800
'
3%
43 %
39
7%
10¥a
71 ¥4
55
3%
43%
30%
7%
11%
11
54%
3%
|43%
-
30 ¥4
7'A
*92
29
*136
55%
*3%
43
9% Jan
5
Chem_
Int Nickel of Canada—No par
'■*'
i
f/¥.¥ ¥a Jan
par
preferred—100
-4%
.38,100
■>.
Sys class A—1—:25
Internal Min Si
-14,600
300
Hvdro-EIec
Iut. Mercantile /Marines——No
200
■
34
132
10%
♦40 ¥2
108
4%
33%
10%
*37¥4
7 ¥4
7%
*10
41%
3%
43%
Int
200
10%
30%
*102%
V
3%
431%
62
131%
38%
30V4
*37
¥2
7%
3%
43%"
*4%
Va
133
54 ¥2
-
: 34
335/8
♦132
9%
*43%
*60'%
¥ 4%
4%
34 >/a
*132
1%
11-%
61
60 ¥2
*59
:
1V4
11%
15
11%
*14%
7¥a Aug
129
Jan
Dec
Nov
24¥4
Jan
64
Jan
79%
Jan
11
Jan
13 ¥4
Dec
K
13%
*122%
5%
22%
*8%
13 ¥2
*122 ¥2
124
5%
*104
16
*91
13 ¥2
110
31
*15
29%
*2%
9%
92
13%
13%
.
5 %
16
16
104
*104
31'4
105%
30%
15%
*29
2%
51%
*19%
22%
*19%
*8%
92
*91
110
;
9¥8
%03
'
14%
♦104'A
161/4
16
10
10
V/
16
10
106
31%
30%
29%
29 ¥2
29%
*2V4
2 Va
2%
31 'A
'
*15'/a
1/1,300
31'A
¥1,300
10'A
6,400
106
50
31%
23,800
16
*15'%
16
;■/
*29 Va
30
.i'300
%
*2%
39
36 'A
37
*35 ¥2
36
35%
35%
36
22
*21%
22
21%
22
21%
22
22
800
36
*21%
22
5%
*24
26V4
*10%
5%
*5
6
*4%
5%
*4%
5%
100
24
24
24
24 ¥t
24%
25¥t
25'A
25'%
26
26%
26
26
26
26%
25%
26
%,000
.'3,400
10%
,
*10%
10%
*4%
10%
10%
10%
10%
10%
38 ¥2
38'%
38%
39
39
20 ¥2
20%
20%
20i%
20%
37%
20 ¥4
20'%
20%
12Tb
*12%
12%
12%
12%
28'%
28
20'%
109V2
3 1/2
2 8 I/8
20%
20%
Jan
27
91% Feb
5
11'A Jan
2
14 % Feb
10.
preferred-100
103% Feb
1
14% Jan
2
_kl
1
Keystone Steel & W Co
prior
Kresge
Cok-^k-k—„_k„
(S H)
Laclede
„No
13
¥700
1.200
Lane
28
21%
,1,400
Gas
Lehigh
Lee
Lt
Co
St
Bryant-
109%
10
3i%
3'%
1 Va
1
1,000
1 '/«
1
1
Va
1 Va
1 Va
2,700
Lehigh
12%
12%
12%
1,300
27%
'15%
15%
*15 i'8
26 "2
26 Va
2 7 ¥2
34
27%
27 %
12 ¥4
27%
12%
27%
15%
15 %
15%
27%
15%
27'%
15%
15'%
15%
28
28
28 Va
28'%
29
28 'a
29
34%
34%
34
34'%
34%
5%
6
34%
5%
see
12%
6
posje
34%
5%
615.
6
¥2
5%'
28
6
,
3,100
700
2,500
.3.800
14,500
6%
Portland
conv
Lehman
preferred
Corp
Stores
(The)—.
Corp
Corp.
Llbbey Owens Ford G1
Libby McNeill <fc
Libby
4
Jan
29
lO'A Feb
11
Feb
11
28%
Jan
106
31% Feb
10
151/s Jan
2
17
29
25
Jan
7
29 34 Feb
7
Jan
Apr
11%
Feb
Dec
100%
Jan
Jan
11%
Sep
'B3"% July
'10 ¥4 Apr
103%
Dec
14%
Dec
105'%
Jan
81 ¥4
7
43/s
100
26 ¥a
1% Jan
13
2% Feb
1%
12
39
Feb
30 ¥2
18% Jan
2
22
Feb
17
2% Jan
11
Jun
ll3/4* Apr
¥2 Jun
24
3 4 ¥4 Jan
.
6'% Feb
Dec
Jan
May
Jan
371%
Jan
15'%
Dec
29
Jan
2%
Feb
2'%
Sep
40'%
Feb
Mar
22%
Jan
Jun
3'%
Jan
4
25% Feb
11
19% May
27
Jan
27% Jan
18
22'%
Apr
29%
Jan
Apr
13
100
4
11
Jan
27
7'%
Jan
4
40% Jan
26
21'%
Apr
41'%
17% Jan
5
21% Feb
1
11 ¥2
Jan
18
Dec
9'% Jan
35
par
11% Jan
7
12% Feb
6
.—5
No
*26'%
Jan
27
28'% Jan
5
20
8% Mar
15'%
Apr
<
May
Sep
II1/4
Dec
28
Dec
23'%
Jan
Jan
4
21 % Feb
11
100
107'% Jan
27
109% Feb
11
Aug
113
Jan
50
2% Jan
2
3% Feb
2
2%
Jun
4
Jan
Jan
2
1¥» Jan
7
!;!
Dec
1%
Jan
11% Jan
6
13% Jan
23
8'%
Jan
25
Cement-
Valley Coal
Jan
102
Nov
11
preferred—
Lehn & Fink Prod
Lerner
22;
6
29%
23% Jan
tLehigh Valley RR
conv
10
r—_100
iNo par
:
109%
12%
1;
16% Jan
Oct
Oct
May
16
7%
25% Feb
Tire__
3%'
Vs
103% Feb
124
Jan
par
Louis
(The)—
Rubber "&
-4%
4
2¥4
No par
preferred——
Lambert-Co
a
1
& Co—
Kroger Grocery & Bak-
5%
6
■:
8%
;
par
preferred——No par
(S S)
Kresge Dept Stores
*12
21
par
No par
Kimberly-.Clark—„—_No
Kinney (G R) Co——
3%
21
83
Kennecott Copper—k———No par
Kress
9'
2
B——
20 V4
27%
footnotes
-Class
$5
13
Jan
Kendall Co $6 pt pfd A——No
28
109%
7'% Jan
100
;
Hayes Wh!l conv cl A
*108'%
12%
For
_1
i
Jan
'
Keisey
3 V?
*108
20
13% Feb
5
20%
12
6
%L,700
par
100
Co
109%
12'%
5%
12%
28
&
3%
110
1
34
12%
28
(J)
3%
1 %
33%
20%
13
28
28
30
60
•
No
preferred-
3 ¥2
*108
1%
27%
■
*10%
37%
28%
5%
*37
38
20%
3%
280
1,900
26%
38
20'%
r
24%
20%
108
■
2%
*38 Va
Kayser
.
B
Dept Stores.
conv
Keith-Albee-Orpheum
16 ¥a
291/4
2
Furn„
ser
preferred———;
5r/c
:■
&
pf
City Southern
Kaufmann
~ib
*104'/4. 110
¥
4%
9
14 ¥2
110
Kansas
200
91
14'%
10 Va
*15%
1,500
23
91
105'%
31
2 ¥2
*8'%
Kalamazoo Stove
Kan City P & L
5%
14'%
*.
105
30
2%
9
¥2,300
124
92
31 ¥a
105'%
16
.
16 ¥a
16
*15
29%
9%
5%
14V4
*104
9%
*122'%
5%
9
.'
*14'4
110
124
*122'%
5 ¥2
22%
*8 Via
*91
16
16 %
124
.
*19%
*104
9 ¥2
104
21%
*8 ¥2
9%
*91
13 ¥a
5%
21%
22 V4
*122 ¥2
124
5 ¥2
'
No
»'!
par
50
1
i.5
—No par
24
Jan
12
28
Feb
14% Jan
6
15% Feb
23% Jan
8
29
Feb
11
1
18'% May
104
17%
Apr
15'% Aug
25
Dec
1138
Apr
14'% Aug
10
18
Apr
26%
Dec
20i%
Jan
33 3%
Dec
Mar
5'A
Jan
No par
31
Jan
12
34¥8 Feb
11
7
5
Jan
2
6'% Jan
29
4
Volume
.THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
NEW YORK STOCK
Monday
Feb. <>
30
69
70%
,
%
30%
*30%
31
*29%
31
69
*68
69
68%
7Q%
71%
70
70%
176
176
*174%
26
*24%
*24%
■
28%
28%
'28%:
28%
28%
28"%-
37%
37%
37%
37
*13%
13%
,13%
13%
18
18%
18%
17%
13%
19
13%
13%
*13%
17%
17%
•17%
'
17%
*37
18%
45%
18%
46%
39
46 %
19%
46
39
39
19%
19%
46%
39%
6%
6%
20
20-
20
18%
18%
18%
18%
17%
"64%
64%*
64%
22.%
23
■■
*126
32'A
•
—
152
24% '
23%
23%
24
*10%
11
10%
>10%
?
21%
21%
21%
3%
3%
3%
9
9
9
8%
*8%
15%
15%
15 %
*lVa:
1%
*1%
1%
3%
3%
:
3% > i
5%
1%
i%
3%
364%
Apr
16%
Apr
22 >'«
Jun
4
1%
•
2
2.
:■
3%
>> '
11% '
11%
12%
11%
12
12
19.
19
18%
19'A
18%
19%
>•:
5%
A
5%
5%
34%
X34%
:A 3%
23%
23%
100%
loo y2
14%
14 %
:
12%
>
y>14%
14%
12%
12%
109
10
•
<
109
10
*13%
22 Va
13
10%
*22
153
41%
*40%
41%
16%
16%
16%
42
16%
*107
110
42
16%
16%
*107
110
*107
110
*107
41%
16%
*40%
18%
Jan
24% Feb
11
17%
Apr
21%
Jan
Garden—-—No par
10
Jan
4
10% Feb
1
9%
Nov
13%
Jan
10
-1
20.
Jan
4
23
Dec
27%
Jan
3% Jan
2% May
4%
Jan
par
x6%
Dec
—25
t,
Co
——No
7
AyyTA ;
V-,
*102%
*102%* 107
V
*102%
107
7%
7%
7%
•7
6%
7
110
107
7%
7%
1
■.
30
1
4% Jan
18
2
9
Feb
2
14% Jan
8
16
Feb
10
1 Va Jan 27
2
2
Feb
11
4
Jan
30
2%
Jun
Alkali
*103
8 %
.
■'
"
75
av.'-wvA
75
75
p->
70
."
-
75
AA79VA
107
79
70
'
29
29
*67
-
..>■
27%'.
70
:
..27
27%
A;V:. 70
,A
;
2.7.(
8%
8%
*66%
72
27%
27%
"
5%
28%
*27%
28
27%
*27%
28%
V
*27%
28%
N
-
27
28
27%
6%
*6%
21
24
*106%
108
*112
113%
72%
'
3%
:
Oct
Jan
2
26%
Jan
3% Jan
32
Jan
17% May '•
3 Va Sep
8
'
34%
Dec
NOV
Jan
Wks-^—No
'.-22
1
f-
5
2
7
4
9
16
20%
75%
15%.
89
4%
20%
>89
,•
;•
:■■■■■
*115%
*118%
37%.% VU
37%
37%
37
36%
*33%
36'A
16%
16 %
11 Va
11% >
11
26%
26'A
17% v
*67%
69
6,700
r
20 Va
90 VA 90-
*115%
"
*118%
120
37%
*34%
■•
11
y>;:
111
16'A
10%
13
26
4
37%
38
'
;
*38'A
'
11% v
'
■
!
100
2,970
18
•
25%
60 "A
*59
61% :
17%
17%
17'A
17'A
*17
17'A
40
x68
68
*115
116
69
114%
6%
y, *39
41
*38%
40
67%
'
G%
•6%
„
'
—
y
„.
—
6%
L-
yy
—
'■
"y. *38%
41
T:'
1
■
•
■
'
-
>
.
___
x5% Nov
Jan
Jan
7% May
•
Feb
Jan
Dec
6
Oct
28% Feb
11
22%
Jun
29
Oct
30
13
21
Apr
33%
Oct
28'% Jan .16
24
Dec
30%
Jan
5
Apr
7%
Jan
12'A Mar
19%
Dec
16'A May
23'A
Oct
Np par
———5
70
13
4
Jan
Feb
y
Mullins Mfg Co class B
$7
108 %
Nov
35'/a
Jan
59%
Dec
103%
Jan
108
4
Xl07% May
111
1% May
;V
9
i
5
Feb T 1
- :
113'% Feb
2
7
2
7
.
Apr
4'A Jan .22
13
88'A
108
4
4
12
9'4
11%
;
Oct
'
Jan
Jan
Feb
6
61% Jan
8
Jan
Jan
13
10
Feb
112
1
Jan
Feb
24
,
4
Feb
Feb
Jan
Jan
Jan
,
21% Feb 40
6
7
9
13
7
Jan
2
115
Jap 20
118
2
108% Jan
33'A Jan 14
8
31*4 Jan
■:
n
Feb
5% Feb
„
Jan
21%
500
10
Dec
108.
Apr
4%
234
53
15
63
112
7,900
94
7%
..
10
——1
40
:
12
30% Jan
86'A Jan
/
par
par
—50
Brass. Co
Jun
Mar
_1
preferred
———No par
Munsiugwear Inc———No par
Murphy Co (G C) ——No par
4%%
preferred————-—100
Murray Corp of America
--—10
Myers (F E) & Bro__—;
No par
200
y
-
Corp-—
Corp
5%
77
Mueller
90
'
Wheel
Dec
110
72
1,200
y:
y:
115
6%
Motor
Dec
15%
Jan
32
7,500
y
>\
Motor Products
moo
39
Jun
-
—N<? par
Essex———I
1,500
—
67%
lis'
>
'
f.
-1
4%
4%
6%
—
—A—10
&.Co—
(J)
Nov
t
May
Jan
x80'% Feb
18% Jan
—No par
-No par
&
9%
101
.
Dec
9%
Oct
83s Feb
.20;Vb Jan
par
preferred series C
Monlg Waid & Co Inc
Morris
Jan
11
12
24%
Apr
6'%
27'%
Jan
Dec
•
$4
14
108%
Oct
<
Chemical Co
5
10
7% Jan
5% Jan
Petroleum———-10
$4.50 preferred—-j-———No
Preferred series .B———No
99% Aug
20'%
-
.
Jan
7
55 V
108'/a
58
i;;-; -4% conv pf'd series
vl00
108
V 4'A% preferred series C—-100 y. 113'%
Minn MoJine Power Imp!—-—j—1
3
.$6.50 preferred—
—
No par
64%
Mission
Corp-t.-^
10
13%
Mo-Kan-Texas RR
——No par
' %
7% preferred series A—
4-100
■
3%
Mohawk Carpet Mills
—4—20 •' ; 17'%
Monsanto
14
64%
Minn-Honeywell Regu——-No par
-
May
26
.-5
1st preferred———100
8%. cum
....
Oct
10"
II
27% Jan 29
,2——4.-5;
Steel Prod—J—No
12%
16% Feb
,104
Dec
Mar
110'A Jan
7
Nov
Jun
9
Feb
Jan 11
Jan
4
Jan
9
Jan 15
Feb
9
Jan
2
Jan
4
.
1
:.—50
2
-
Jari
%03
% 6
67%
j.' 60
27
4%
25
V—-^100
—No par.
(Thej
;
1st preferred—
6
22
101
76
10% Jari 26
38'A Jan
7
14 Va Jan 27
109% Jan 15
1 %■'
13% Sep
Jan
2
Feb
42
,
176
9
Jan
18
1%
•
•
13
Va Feb
14% Feb,,
23
100
.%
9
*
23'% Jan
.
11
Morrell
9,400
yy.:yy.v',
'y
—
xGO'A
*68 Va.
•
:
4%
114%
''
■
„
—
13%
4»A
A VA;
'
_•_
••>
'i '■ ■"
•
140
y
yv';
63 'A
6%
1,600
••
'L y '• yy '■;> y y:;y
—
—
16% *y
25%
'A
7H ;
36%
13%
26 Vb
VV
120
111 v
11%
13%
26'A
y„
16'A '
11%
=
*118 %
*34%
16%
11
12%
sA',:
38
'<
—
*115%;:-:y;.yy2v v-y jii-jt'X
ill
36%
16
V-y
2,300
20%
20%
90%
4'A
117 V V
6%
39'A
*38%
4%
62%
69
*114%
6%
4%.
37%
25%
17%
*67'A
117
6%
4%
4%
*17 %
*114%
V:-
4%
:
64%
*62'A
*17%
2,400
36%
12%
26%
4
63'A
■
12%
26
«
4 Va
4
63%
3,100
; i%
16'A
'
•
11'A
12%
12%
16%
1%
3 7'A
''' '
1,200
•••
16 %
*33%
16 Va
77%
*76
1%
*110
110%
16%
12%
-iw y;
;
110%
*33%
'
V'"V,
110%
110%
110%
110%
1
1
5,600
4%
89%
yy
*115%
*118%
:V
*118%
113%
20
CO LO
'
*115%
-
1,600
108
4
77%
90
;
;
1%
20
19%
*112%
15% "16%
4%
XB9%
89%
>76
l %
4%
-
113%
;
59 % ;;
59Va
*106%
4%
15%
1%
*20%
Y
y
1%
*112%
76%
75%
16
1%
108
4
3%
4%
20%
-
113%
15%
-
4%
r.
; *112 Va
113%
*110
,
:
Nov
13
Mid-Continent
Midland
3%
8V2 Jan
5,800
-■:>... 600
Jan
Jan
•3% Feb
1
Miami. Copper—t.-*
V
46%
—No par
Mesta Machine
,V
Apr
Jan
700
24%
Apr
31
104
4,700
21%
162
4
7
Co—
CO
29
7
6%
'
Jan
11'A Jan
23%
21%
59
80
29%
167
Jan
Merch & Min Trans Co—No par
% ■
*23%
112
:.
■19% July
104
Jan
19'A Jan
pfd ser B w W—No par
Corp
—
1
conv
22
;_1
600
6% I
24
*106%
28
;■
5%
Aug
25%
43 % Feb
2
19
24'a Jan
11
22% May
11
i-100
i
Jan
G %
10
13
Co-—-
'
34% Feb
24% Feb
Jan
; ;
-2% Jan
21% Feb
100
Jan
12% Jan
No par
-No par
Corp
i
Jan
165
37
-^_^_100
1
5% Feb 40
5
21% Jan
par
Melville Shoe
Mengel Co
Jan
19% Feb
preferred series A——No par
$5.50
Nov
3%
7
—
2,000
5%
28%
28
-
-
21%.-
58%
108 >
4 %
112
-
58
*106%
73%
1%
4%
89
3
112 >..
58
113%
16
1%
23%
*112
'
7,■
•21%
108
73
V
16
21%
112
5%
28%
28%
6%
-
23%
-
*106%
3% ',■4
*28
6%
;
23%
58%
58
59
28%
6%
$6
.
200
Jan
2
18% Jan
!„il:
Co
preferred
2,000
28%
■.V
,
29 %
20%.
111
*109%
109%
■
28
*27%
23%
■*23%
*58%
y
5%
5%
28%
*27%
•
>
28;
"'•28%
;•
■X-
21
20%
23%
5%
*27%
t
6%
6%
-
20%
*108
5%
5%
*27%
5%
>
'
'
'
5%
330
29
28
% Mar
11%
Pub Co
Mead Corp
7,100
;
80% V
X80
72
*68
'
■'
79%—.
'
*66
-
107
*103
8%
8%
16%
12%
preferred..!
conv
11% May
Apr
McKesson & Robbins Inc
6%
'
Jan
Co.—
Stores
May
8%
Mclntyre Porcupine Mines——5
McLellan
5
4%
McGraw-Hill
2,600
19
Jan
11
McGraw
;
Jan
131
11
800
6%
'
12% Feb
par
500
110 •
107
7%
23%
Apr
,Dec
Jan
J
7A
15 Va
12'A Feb
preferred.
preferred
5'A'A
Jan
Jan
5
McCrory Stores Corp—
5% eonv preferred
-
Dec
18%
*76%
2
$6 1st cum
6,200
11%. Apr
'55%- Sep !,
9% Jan
—iVo
Corp——.No
Corp--.———No
Elec
153
Mar
128
v. ,3% Jan
pr preferred—100 .9
Jan
L)
Stores
..
4
6% Jan
Corp—5
400
16%
Nov
16% Nov
Apr
2
42
16%
*
Dec
19%
Mar
11%
19% Jan
——NO par
CO Inc
10%
*40
-
•
15
35%
'
41
8
11
122
23
'
*9%
Feb
19% Feb
7%
Dec
preferred—
$3
Dec
42%. Jan
26%
Elec
McCall
400
46-%
2% Mar
11
Maytag Co^_—----i—No p«f
80
20
Jan
Jun
•
31 %
6
~ 10
par
Department Stores—.—10
.
109
22%
*9%
May
2,500
12%
*104%
109
12
par
200
:
23%.
12%'". >
12%
*104%
1
148% Jan
par
1
7%
14%
10
9%
.
14%
2
Oil Exploration——-—1
Matiiieson
1,600
13%
21%
21%
22
*21%
10 V«
*104%
400
3%
104 "
13
16% Jan
Martin-Parry
'700
*3%
7% Jan
'
32% Feb
(Glenn
Master
2,100
•>;/..
*100%
3%
23%
4
18 Va Jan
Masonite
1,000
42
100%
*3%
*22
Martin-
V,
X42
43%
100 Vi
3%
12%
12%
109
*104%
21%
;f
14%'
*165
43
3%
3%
24
26
6% Feb
Jan
24% Feb
Marshall Field & Co.
24%:.'
23%
*165
42%
23%
*22%
100 A 100
3%;
23%
104
24%
10
40% Jan
Dec
2
Midland
Marine
10,900
24%
.: 24
:
47% Feb
11
16%
24%
8
Market St Ry 6%
•;
24
24%
24
*165
42%
42%
;
37
7
37Va Jan
Oct
11% May
42 % Jan'
1
Feb
Nov
14% May
Jan
Jan
Copper—i
Maracaibo
5.200
?
34%
■
24 %
24 A
,
5%
34%
34%
*24
24%
24%
■>:;r 5%
5%
5
34%
34
-
2
32%
37%
12%
9%
28
7,280
19%
.
10
20% Feb
—10
_—No
Manhattan Shirt---—
2,300
12%
V
18% Feb
5
15% Jan
16% Jan
'
25 % May
-
.
.-100
——
Inc
4,900
11%
28
20% Jan
preferred
Trucks
Madison Sq
12,400
4
11%
3
14% Jan
"
Forbes
&
Bros-J
4
37% Feb
4
2
Mandel
1%
-
3%
v-iy
10
19
12% Jan
Nov
.2
MacAndrews
: 900
28% Feb
34 % Jan
Jan
Dec
23%
Feb
,'200
16'"'%
Jan
IV
177
18 % Feb
Sugar
9
25 % Feb
'
65,% Jan ;26-
Manati
Xl6
i6
24
2\
8
6,700
4% >•,
*8
22% Jan
Jan
Mar
6
Magma
"'J
177
•
15% Jan,
3,600
4%
30% Feb
59% Jan
22%
'
4
174% Feb
; Louisville & Nashville—100
100
11%
*165
21%
Jan
74%
10%
11%
23%
43
*10
73%
Apr
24%
8%
15%
15%
-
*23%
*165
12%
Jan
Apr
50%
24'%
4 %
4
*8%
15%
•
*104%
33
50%
Macy (R H)
11%
34
24
*14%
20
5
3
6%
10%
5
..
24
*22%
4
3,700
22
per share
71% Feb
Mack
11%
18%
19%
*100
600
Highest
I
70 % Feb
132
11%
33%
>:.%3%
70
:.
Jan
1942
share
63% Jan
5,200
1
24
v;;
..
Year
I per
share
per
63% Jan
Life Savers Corp
900
10%
2
10%
24
::
v.L_ ,■
30
5
Liggett-& Myers Tobacco
25
- Series B
_
25
•
tPreferred ———.
'-100
< Lily Tulip Cup Corp
—No par
- Lima Locomotive Wks———No par
Link Belt Co———
—No par
Lion Oil Refining Co_—No par
4 Liquid Carbonic Corp.
—No- par
- Lockheed Aircraft Corp—
—1
- Loew'S Inc
———No. par
Lone -Star Cement Corp——No par
• Long Bell Lumber A—_i
No par
-Loose-Wiles Biscuit—
25
) Lorillard (P) Co
—10
7 %■ preferred—————100
• LouisvHle Gas & El A
No par
t
•
"
12
5'A
.-y—'A
f per share
Far
Lowest
Highest
-
32%.
22%
■
33%
—
V
__
24%
32%
,
11
21%
4%
;A 8%
All'SlA
24%
24 y4
21%
*42%
V
Lowest
-
Xl0%
32%-
3%
11%
1,600
1,100
400
7,100
.
V.
A A,.':'i
18
*126
31%
21%
19%
152
17%
31%
3%
10%
10,500
5.500
:
AA
l:"r,;64A:'v64%y;A^
132
*126
132
21%
.
' 7
1
—
19%
17%
64%
24%
23%
31%
A
23%
*10%
11
152
17%
64%
20%
19%
64%
17%
*126
32
23%
23%
23%
*10%
."
—
A--.
Range for Previous
Range Since January 1
NEW FORK STOCK
; EXCHANGE
M
132
-
31%
'
'
-1;
VIA"
.
' >'
•f..
132
■12v
:
*19%
19%
152
17%
64%
23 %
'*17%.
21
'
18%
152
*151%
152
17%
31%
3,100
6%
*20
19%
>126
1,300
300
-
47%,
39%
>%:■. 4,600
'
"A';—'
A-"Av
-
19%
47 Va"
6%
18%
23
:
:
39%
6%
6%
■
19
*22%
100
"
r %_•
46%
39%
18%
*151 %
"
39%
46%.
19
V'- 64%
130
...
:
2-;
100
500
1,700
■
6%
6%
6%
•
19
39%
19%
45%
39
153
'
13%
17%
■
37%
14
1
37%
13%
17%
>.
28%
37.%
''
V
'
—
•
Shares
.
'
-y,
—
—
25Va
27%
37%
'
176%
25Va
25%
'
—
25%
28%
37%
*1"51
175%
176%
<
.»
.
.
70%
*24%
25%
28'/a
6%'
'
the Week
X per share
'69
70%
Sales for
r
Feb. 13
.
share
per
69
*30.%
175
i75:
<■24%
19%
X
share
per
...
70%"
31
X70%
70%
X
share
per
STOCKS
Feb. 11
Feb. 10
70 Va
%
*68
177
"175
share
*30%
69
t
'
Friday
Thursday
Wednesday
Feb.!)
t per
I per share
30 y«
Tuesday
Feb. 8
Saturday
RECORD
HIGH SALE PKICES
AND
LOW
611
5
V
:
76% Feb
16% Feb
.
1 % Feb
6
2G% Feb
Feb
pq
Feb .10
35
Feb
91 y
,
May
May
18
117%
■
c
Oct
Oct
Oct
J-'-n
Feb
120
Oct
102 '/a
3
38
M<,.v
110
112
1 y
•.
Nov
1%
4%
12 %' Feb
:Jan .20
.111
14%
Jan
1%
6
Feb
Mar
iV Jan
-
90% Feb .10
116
118
67
Apr
8 %
11
i
4% Feb ,1
Oct
Dec
Jun
57%
9
3%
Apr
110%
Jan
23 %
Apr
34%
Dec
i
48 'A Mar
28%
Dec
17% Jan
18
12%
Dec
6'A
Jan
11
Oct
9%
Apr
12%
Nov
20'A Aug
25%
Jan
3:
Jan
7
11% Feb
6
Jan
12
13'A Feb
11
;
29% Mar
Jan
8
20% Feb
8
Jan
2
4 % Feb
8
2
Jan
7
63% Feb
5
50
Jan
63
Feb
Jan
5
17% Feb
5
11%
Jan
17
Dec
Jan
7
x68
Feb
10
69%
Jan
Jan
25
115
;;;%5% Jan
34 % ;Jan
3%
Sep
49
May
Feb
11
108%
Sep
2
6% Jan
28
4%
Jan
12
37% Jan
22
30'A
Jun
113
Jan
Dec
6%
y
Nov
39%
Feb
N
6%
.
V';
1%
i%
>
19%
*18%
:•
*8%
10 %
17%
17%
167
i
163%
163%
19
*18%
7
21%
21%
27
540
27
16%
*8 %
8%
10 Va
10%
17%
17%
18'/a
;
*164 Va
19
19%
170
19%
•
100
500
7V8
v/4
3,100
22%
22%
4,900
10%
10%
10%
10%
10%
10 %
10%
2,700
16%
16%
16 Va
16%
16 %
16%
16%
16%
8.500
10
6
15 %
27%
18 'A
18%
18%
19
19
6%
6%
79%
*80
15%
15
172
*142%
144
17%
31'A
17%
*31%
2%
2%
2%
54%
54%
54%
81
15%
15%
15%
*170
146
31'A
-
7%
•7
79%
172
17%
2%
54%
8
6%
15'
32%
2%
54 %
8%
80'A
*142%
17%
*31%
,10
6%
146
17%'
*9%
27
>170
172
*142%
10
27%
8%
'80
/
15'A '
*164
8
*9%
26%
18%
6'A.
79
78%
Va
8%
10
27 %
8%
.
18%
18%
Va
10
26%
:
*170
8%..
9%
7
200
19Va
*18%'
8,700
400
15 %
*170
145
9,100
"18
32%
3 'A
3
55
55'A
.
17%
18%
32
3,600
32%
700
3%
20,000
55%
3
55%
5,000
7%'
7 Va¬
7'/a
7
'• 7%
8'A
\7%
8
8%
le
25,400
'
'
16
16'/a
16'A
67
67%
67%
3%
*62%
63
15%
16
63
62%
62 %
16%
67%
*3»/a
3 %
.
3%
67'A
3%
67'A
3%
...
62%
;
17'.a
64
17%
-
6,200
64'A'
67
3%
68%
3%
%
700
Nat Mall
68%
68
3%
3%
660
&
St'l
3,300
•
:—-4
Products Co
Oil
National
Power &
Lt
——No par
—25
Supply (The) .Pa———10
National
conv
Li.—40
preferred———r—100:
preferred-
5'%% prior
preferred
—100
National Tea Co—
—No par
prior
"
7%
10%
7%
7%
7%
'7%
7%
7%
7%
2,200
Natomas
10%
7% '
7%
10%
10%
10%
10%
10%
10%
10%
10%
2,400
Nehi
18%
18%
100
*18
18%
18%
*78
80%
*78%
*38%
40
*38%
*110
*110
112
18%
*18'/a
18%
*18
82
*78%
82
*78%
*38%
40
112
18%
*78 %
40
*387/a
40
*38%
*110
112
*110
112
*110
40
'/a
30%
30%
30%
30%
30%
30%
30%
30%
2.600
12%
12%
12%
12 %
12-%
12%
12%
13%
12%
13%
9,800
19%
xl9%
19%
19%
19%
*98 %
100'/a
*98%
100 %
*90%
For
footnotes
see
page
100
100
19%
18%
19
100 Va
*98%
101
conv
——
1
serial preferred—_100
(J J)_——Nonpar
preferred series A—
-100
Newmont Mining Corp—
10
Newport Industries——
1
5%
30
19%
Bros Inc——
Newberry Co
112
30%
*19%
No par
Co__
Corp—4.—No par y
Neisner
4% %
82
.
Va
2,800
200
27% Feb
Jan
4
17% Jan
30
Jan
2
6 % Jan
15
Feb
3
9
N'port News Ship & Dr Dock
$5 conv
preferred
—
.-1
No par
3'A July
7
•
Oct
29%
Nov
19%
Oct
3
Apr
5%
Nov
5%
Jan'15
Jan
8%
Dec
10% Feb
11
6
Vb May
18 'A Feb
Jan
Jan
11
13
May
16'A
Oct
Jan
5
140
May
166%
Jan
Apr
16%
Dec
5%
Nov
165
Jan
12'A
19% Feb' 11
9%
Oct
17
5'A
No par
Cast Co
National
6V#
2
162 1
National,Steel Corp
$2
13% May
Jan
Jan
Jan
7% Feb
1
18%
9%
14%
6%
,
9%
x25%
Jan
22% Feb
10
Jan
11% Jan
18
6%
Sep
9%
Dec
Jan
16% Feb
5
12%
Apr
15%
Aug
8% Feb
4
4%
Jan
7%
Nov
9%
Nov
17'%
0
70%
14
"'
17
63
16'A May
10
160
'
*62 %
11
10
Lead Co
'
T
11
7% Feb
preferred A_—-———100
preferred B
.-100
National
G%
1% Feb
2
8%
15%
10
preferred——
100
& Share Corp—No par
National Can Corp
—10
Nat Cash Register——
No par
National Cylinder Gas Co
1—1
Nat Dairy Products
—No par
National Dept Stores—No par
Grn preferred1
^10
Nat Distillers Prod
—No par
Nat Enam & Stamping
No par
National Gypsum ,Co-—
—1
$4.50 conv preferred
No par
30
„
—;
.-10
Corp——.—5
Co___—
Bond
1%
,
Aviation.
Biscif'it
5
8'A
1
7%
Nat
172
*143
32
3
55%
120
15%
172
143
17%
32%
14,600
.7 Va
si
*80
142%
17%
2,300
8%
27%
9%
27
——
Dec
Jan
Feb
Jan
23%
15'%
5'A
'
preferred-;
conv
National
10%
8%
8%
*9%
Acme
National
10%
26% : 28 '/2
6%
1,000
5,100
12,300
>
16%:
16'/H
Louis——100
Co„—-——-—1
St.
&
1
3%
1%
6%
—No par
-5
Nat Automotive Fibres Inc
7%
21%
Chatt
Nash
Corp.—
National
22%
7
7'/a
6
170
19
Liquidating Co
1,800
.10'A
10
6
Nabco
Nash-Kelvinator
3,100
16%
8%
*164%
21%
32,300
7%
7Va
6 '/a
17%
19%
7
6%
21%
..
800
1%
83/a
8%
10
19
16%
1%
6
17%
*163 Va
27%
Xl6 %
6
10%
7»4
*10%
:
17
7Va
y
27
17%
21%
7
8%
6%
:•
10
10
17% "
17%
*165 > 169
'.■>
!'; 21%
16%
«
27
6
6
*8%
8%
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10
17%
6
.
7
1%
1%
1%
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27
17
6 %
6%
1%
6%
7
26%
17
17
1%
6 Vb
7
26%
26%
*1%
137
14%
31%
2%
52
Jan
13
14
28% Feb
5
Jan
15
19
Jan
29
Jan
12
7 'A Feb
10
Jan
4
90% Feb
8
Jan
2
Jan 13
Jan
6
Jan 13
Feb
5
Jan
2
57
Jan
5
62
Jan
2
2% Jan
6
Jan
2
5
9 Vb Jan
7-
Jan
Jan
20
8% May
8
1
Jan
5
2
4
16
Feb
Feb
Jan
5% Jan
14% Jon
74%
37
111
26%
10%
17%
95'/a
10
3%
11
17%
Apr
26
Sep
14'A Mar
18
Nov
3%
6%
Apr
60
Jan
11%
Apr
.72
Dec
Mar.
16% Jan
15% Feb
10
162% Jan
23
145
May
168
Feb
10
129
Mar
146
143
Dec
Jan
Jan
18% Feb' 11
13%
Dec
17% Mar
4
29 %
Apr
36
36
Jan
3% Feb
55% Feb
1%
11
17% Feb
11
4
11
-
9%
3%
Apr
43% May
1.1.
8% Feb'
54
Nov
Jan
Oct
May
6%
Jan
Jun
16%
Feb
Feb
11
45% May
63
Feb
68% Jan
29
51
May
70
Feb
3 % Jan
15
2% Mar
4
7% Jan
28
4%
Oct
9 Vb
Feb
10% Jan
26
5% Mar
9%
Dec
64 'A
9
11
17
Jan
Oct
Dec
4
18% Feb
Jan
4
Jan 11
Feb
5
Jan
2
Jan 12
Jan
2
Jan
7
77% Feb
4
70% May
75%
Sep
38% Jan
15
28
Apr
39%
Dec
112'A Jan
30
104
Mar
110%
Dec
Apr
30%
Feb
Jan
Jan
31'A Jan 30
22%
13% Feb
10
7%
Apr
11%
19% Feb
2
15%
Dec
25'A
Jan
100'A Feb; 10
93'A
Dec
109%
Jan
615.
%
THE COMMERCIAL & FINANCIAL CHRONICLE
HIGH SALE PRICKS
LOW AND
Monday
Feb. 9
Feb, 6
I per
I per than
share
I per
STOCKS
Wednesday
Tuesday
Feb. 8
Saturday
Thursday
Feb. 10
Friday
t per share
% per share
30%
30%
30%
30%
30%
30%
30%
12%
12%
12%
12%
12%
12%
12%
12%
12%
11%
11%
11%
12
12 Va
12%
12%
12
12%
33%
34
34%
35%
35%
35%
35%
36
35%
35%
18%
18%
18%
18%
18%
18%
18%
18%
18%
18%
30%
30 Va
*6%
*6
7
*6
7%
19
*17%
18
*76 Va
78%
*76
78%
*100
*98
106
106
39
:
%
/, %
2%
2%
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3$
*J3
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22%
22%
22%
28%
*26%
28
*26
106
38%
A
*98
40
41
2%
2%
2%
A
"hi
it
22%
22%
22%
*26%
28
28
28
2%
hi'
hi
22%
22%
A
2%
B
—
4,200
—
hi
•
*27
170
169%
170
169%
170
169%
170
169
171
114 Ve
114%
114%
114%
114%
114%
*114Va
115
115
115
11%
11%
11%
11%
11%
ll7/a
11%
*52%
53%
53%
53%
52 %
52 %
52%
52
11%
52%
11%
100
*93%
11%
8%
8%
*112%
113%
16
52%
52%
11%
96
*93%
96
8%
8%
112%
16
15%
15%
15%
41
38%
38%
*38%
12%
52%
52%
52%
8%
8%
8%
8%
112
112%
16%
17
16%
39
39
1-, /
—:
/
—
17%
41%
'
*38%
3%
3%
3%
3%
*35
39%
*35
10%
10
,3%
■
40
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:
10
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10%
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40
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3%
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1:
40
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*35
'
—
10%
14%
14-%
13%
14%
14
14%
14%
15
14%
14%
35 %
34%
34%
34%
34%
34%
35
35
35%
6%
7%
6%
6%
6%
6%
6%
87%
87%
*87%
89
4%
4%
17
*4%
11
"146%
*
5
'146%
4
89
*4%
5
17%
17%
147%
147%
—
87%
5
%
"146%
17
17%
17
89
*86
*86
18%
*146%
—
56%
30%
*29
30%
*29%
30%
*29%
30%
53
*46
*29
*46
53
*46
53
*46
53
*46
57
56-%
56%
56%
56%
57%
M
—.
M
■7;,.':.
57%
22
105
Jan
27
80
May
109
Feb
——100
28% Jan
6
42
Feb
11
23 Mi
Dec
54
Jan
—100
i7a Jan
2
Ma Jan
19
1% Jan
4
2% Feb
3
Ma
Jan
Jan
4
hi Feb
4
Ma
Jan
%
Oct
23 Ma Jan
29
19
Jun
303/4
Jan
15 Ma
Apr
23%
Dec
9
*24%
9
9
9
7%
7%
7%
8M4
*24.%
25%
..'*24 Ma
25%
9
7%
7%
25%
9
7%
26
*24
9
9
Ma
2 5 Ma
!%-
iY
17%
10%
16%
26
16%
16%
16%
16%
*10%
11%
16%
11%
*10%
11%
*10%
11 Ma
*103/4
11 Ma
26 %
26%
26 Ms
26%
26%
26%
263A
26%
*36%
26
36%
*22 Me
28
Feb
10
162%
Jan
2
173
Jan
15
143
Mar
192
113
Jan
5
115
Feb
11
108
Mar
116%
Sep
.—10
9M4 Jan
7
123/a Feb
11
6
% Mar
11 Ma
Nov
_50
49% Jan
5
54
Jan
20
39
52 Ma
Jan
48 Ma Jan
5
523/4 Feb
11
9% Jan
2
12 Ma Feb
3
9 Mt
Dec
Jan
6
96
Feb' 10
85 Ma
Apr
4 Ma
Jan
.
preferred series
50
1
■
.91%
7Ma Jan
100
107
36
No par
2
Feb
2
17
Ma Feb
11
6
39
Feb
10
3 Ma Jan
11
1
Feb
4
20
lOMa Feb
1
Jan
14
31
Jan
1
15
8% Jan
2.50
6
6
3% Jan
39
preferred—
92
*150%
Inc
3%
10
63/a
Apr
4
17;
2 Ma
Jan
Feb
10
59
Jan
5
Jan
29
10
3
2%
132
;
225/a
22 Ma
93
93%
350
151%
20
3%
7r200
Ma
5,200
3%
3%
43,900
25%
.25 Ma
23,100
3%
3%
24 %
23%
24%
108%
109
*2%
102
102
-25%
25 Me
*7
9
109
'i
104
17
17%
17%
17%
119
119%
119%
120
120%
120%
128
128
119%
119%
119
119%
119%
122 %
129 Ma
*16%
19%
1%
*16%
1%
29
.
2M4
59%
82%
83
3%
58 Ma Jan
27
43 Mi
Apr
Feb
xl6Ma
1
8M4 Feb
10
Feb
11
9
;
27
2%
40
*14%
1%
1%
-4
28 Ma
28 Ma
;r-
*3%
2%
15%
*14%
15%
*14%
*107
25%
25%
*18
18%
18
18
*48
49
*48
48%
2%
2%
2%
2%
34 Ms
32%
33%
5%
5%
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34%
35%
19%
48
7%
7%
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36
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79
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:
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43
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79
v
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:
78
78
108
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108
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112
112
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8
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82
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82
45%
45%
46 3/a
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4
36%
Y
37
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3%
61
9%
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3%
37
5%
61
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*80%
109
3%
37
5%
61
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88
21
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1
61
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61
y:'v
88
;
.
3%
-
46
82
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109
4
4
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4 Ma
38 Ma
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5?8
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64%
64 Ma
38%
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64
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166
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166
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179
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179
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179
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179
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5%
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*61
26%
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5
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5%
5%
5%
5%
5%
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61%
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61%
26
26 Me
71%
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9%
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70
70
9%
9%
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~2%
30%
31
*21%
23
9%
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7
9%
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9%
157
9%
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31 Ma
31%
313/a
3 2 Ma
23 Ma
23
■_/'•
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173/a
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193/a
19%
19%
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5%
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19%
19%
19%
19%
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7%
7%
—
i
51%
*121
7%
8
19 Ma
20
5
—
8%
28%
28%
273/4
2 8 3/a
300
52%
52%
52%
52%
54 Ma
54%
54 Ma
7,600
122
122
*121
125
*121
8,900
125
13%
13%.
13 Ma
I3M4
13%
78
78
78 Ma
x-773/4
133/4
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102%
89%
89 %
89%
102%
102%
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102%
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103
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117
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118
116%
117
117
117
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117
89
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89
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90
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490
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30%
30%
;n%
Apr
6 Ma
Dec
16
2
2
Jan /
Jan
8
/109
2
r
30
Jan
10
Feb
101
9
2Ma Feb
--
9
106%
Dec
Jan
V 23%
Apr
k
22
102
•15 Ma Jan
12
19
Feb
10
113%
Apr
11
128
Feb
10
100 Ma
Apr
112 Ma Jari 25
132
Feb
Jan
"17% Jan
22
1 Va Jan
2
.27% Jan
7
Jan ,28
90
/: 17% Jan 22
1 % Feb
2
;
>
16
Jan
7
1Mb Jan
Jan
Dec
Feb
4
13 Me
Aug
17 Ma Mar
17
2 Me Feb
"10
21
59 Va Feb
8
83 3% Feb
11
4% Jan
15
11
109
■
2Mb Feb
153% Feb
.
29%
Oct
Apr
60
Dec
56% May
IMa Apr
/ 82
Dec
44
5
109
9
49 Ma Jan
1% .Nov
ft Mar
/13% Jan
11
40 Ma Feb
6
•
Jan
2%
29 Va
/ 26% Jan
6
17
Jan
5
3% Jan
Oct
Oct
Apr
12
Jan
143/a Oct
Ma
IMa
12
so
17
1233%
.19 M2
Jan
■
Nov
5.
•5734 Jan
23
Dec
101
Mar
•
38
29 Ma Feb
'
1Mb
32
/
V 4
:
Jun
,-44
Jan
15
Aug
2
■
108 Ms
Feb
Jan
25 M'a
Nov
12
16Mb July
23 Ma
Jan
30
36
47%
Apr
4
2% Feb
11
y
Jan
2
6
35 Va Jan
29
15% Mar
30
5 V8 Jan
6
6
Jan
16
34% Feb
8
44
Ma Jan
18
27
22Ma Jan
18
18
10
25
4
Jan
2
14
8
3%
5
Mar
22
Dec
32Me
Jan
11
Y 28
Apr
40
Jan
4
•
Ma
Apr
76 Me
Jan
7Ma
Jun
xl4Ms
Dec
4
55 M2
Apr
112
49
98
Feb
10
'•':/ 0 .:/•• Jan
6
79 Ma Jan
5
Y84/Y Jan
15
Jan
20
46% Feb
11
3% Jan
16
4% Jan
30
100
70
Jan
18
18
Jan
4
102
Jan
8
3 Mb Feb
34% Jan
Jan
Ma
9
7
44
Dec
11
29
par
6
Feb
Jan
./ Jan
8
6 Ma
Apr
16 Me Feb
80
82
109% Jan
•
Jan
1
43 Ma Feb
Feb
Feb
Jan
Me
27
10
4
133/4 Jan
513%
29%
Jun
11
Jan
68 M2 Jan
Apr
May
Oct
Jan
53% Feb
8
76
7 Ma
.
Dec
Dec
7% Feb
12
37
•
19 Me
4;
Me
253% Feb
/
5Va Jan
233/4 Jan
5
—
Jun
36
Jan
preferred————————100
Hosiery————
»/„
4
,
n 23% Feb
6% Jan
19
Jan
May
May
—100
k——-No
Sep
Jan
1% Feb
100
Oct
10
.109
3
series—
Dec
Jan
:
,
Jan
100.
—No par
4 M4 %
Oct
.
8%
.
Sep
1
39
100
series—k—
Oct
27
20Ma
12
—«100
Corp
Jan
4 Ma Jan
23
6
41% Jan
23
107% Mar
Jun
110
Nov
9
Jan
Y 80
Oct
30
Apr
46
Dec
13%
43
Feb
33/a
Dec
8
8
Dec
65
16
Jan
79
May
May
6 Ma
.
29
21% Jan
■
May
103
.
80
102
5
Jan
25
5% Feb
8
59
Jan
14
64 Va Feb
10
•
May
15 Ma
■
65
•
Nov
Jan
19 Me
Oct
May
3
4%
Sep
26 M2
38 Ma
Apr
43/a July
563%
119%
31
*116%
118 Ms
*116 Ma
118 Ma
30%
31%
303/a
31%
250
21,000
11
4
10
Feb
100
170
Jan
9
170
Jan
9
175
Jan
21
175
Jan
21
4
Jan
4
5% Feb
5
4Mb Jan
13
53% Feb
11
4
9 Ma Feb
..1
Chic Ry Co
1st
conv
ser
pr
6 Me
Dec
Oct
Jan
68
Jan
Co.
(The)
Pfd
1
10 3%
Nov
165
May
175
Dec
5
Me
Jan
May
6
3/a
Jan
3 Me
Feb
Feb
Feb
1
47
Apr
62
Jan
13
27 Mi Jan
25
20
Jun
33%
Jan
4
72M4 Feb
1
58
Jun
70
Feb
--100
7% Jan
2
9 Ma Feb
2
Jun
10Ma
Jan
pfd—100
150% Jan
4
597/8 Jan
4
2% Jan
/Oct
34
Jan
30
Jan
153.
153
July
Jan
July
11
28
6 Ma
5
30
Jan
5
8
14 Mi Jan
2
173/a Feb
10
11 Ma
Jan
18
19 Va Feb
11
15 Ma
Jun
4
Jan
7
5 Ma Feb
5
3 '/a
May
17 Mi Jan
5
20% Feb
11
9%
Jan
8 Mi Feb
4
5Ma
Jun
8 Ma
Feb
4
6% July
83%
Jan
29 Me
Jan
Jun
6 3/a Jan
14
243/4 Jan
4
283% Feb
4
22 Ma
4
54 Ma Feb
11
42
Feb
9
115
143/8' 'Jan
18 Ma
119
Jan
12
8
122
Feb
par
113/a Jan
6
133% Feb
10
75 Ma Jan
20
79% Jan
11
100
100
100
90
Jan
96 Ma Jan
4
103
Feb
109Ma Jan
18
118
Feb
8
par
116% Feb
4
116 Mt Feb
No par
263% Jan
2
31 Me Feb
857/a Jan
2
9M2
Feb
Jun
Oct
5% Jan
21
Jun
48 Ma Jan
.
6
65/a Jan
par
Pub Serv Corp of N J
—No
t$5 preferred
—.—No
t6% preferred—
t7% preferred——
8% preferred
Pub Ser El & Gas pfd $5
No
Ma
18
5
100
Jan
Jan
13% Jan
No par
of Feb 1 '29)
.150%
20
^—100
100
—No par
61
29
-_1
—
5
'
100
Pocahontas—No par
<ser
-
Apr
Feb
165
24
preferred——
preferred-:—1
Pullman Inc
.
7 Ma
165,
66
pfd
Ash Ry 7%
Procter & Gamble
.20
7,900
L080
1013/4
116%
615.
4,
28% Jan
Postal Teleg Inc preferred—No par
Pressed Steel Car Co Inc
1
5% conv 1st preferred
5
5% conv 2d preferred
_50
8%
page
26Ma Jan
100
Poor & Co class B
6,300
,
8%
*73/4
77
see
Nov
3
1
5% prior preferred—.
5% preferred™.
Pond Creek
2,300
8M4
13%
Mmtnotes
V
:
100
Co
Plymouth Oil Co
900
'
8%
78
For
20
•403/8 Jan
B
*7%
13
30%
23 Va Jan
18Ma Jan
A
X7%
77%
■»/•■(/,
Jan
t
Class
*26 Ma
13V4
30%
9
9
Class
8 M2
78
119 >4
4
••,/
17% Feb
20
2,200
__
Ma
203/4
13%
30%
/
Jan
5
480
*7%
125
1 % Mar
5 Ma
18 Ma
Pittston
900
*
1
„k
*26 %
8
;*
9
/11
Pittsburgh & West Va_-
4oo
28%
*7%
Feb
104
Pitts Young Ar
173/a
19%
78
*116%
:
'
17
19 %
b°/8
*27
Nov
22
/ 13
3
5Mz%
70
23
:
590
•,
*22 Ma
16%
52
:
*156
22 Ma
19%
8%
■
„k
L.
"2%
17
8%
6,300
Y
%
*5%
28%
148 Ma
—100
Pitts Screw & Bolt——No par
Pittsburgh Steel Co_———No par
7% preferred class B_.
—100
5% preferred class A
-100
1,800
A/4
30%
*19
19%
121
1Mb
35% Jan
preferred
Y—_
.
_^k
61 Ma
2%
*16%
125
27
71
22%
5%
*120%
263/4
71
30%
19%
51%
26 Me
31
17
7%
61 Ma
26
23%
2%
31
5%
*7%
*61
*60
*70
*22%
19%
*27%
9%
*156
17
19%
V
5%
26
26
71%
26
11
Pitts Ft Way &
___
__
4%
1
'
.
—J
5%
*5%
61%
Jan
Jan
10
Pittsburgh Forgings Co—
1,000
179
*5%
180
'
166
*171%"
*61
800
1,800
3/a
10
*155
5
/
Oct
101
10
/
Pittsburgh Coal of Pa—
—100
6% preferred—
100
Pitts Coke & Iron Corp—No par
$5 conv preferred———No par
1,800
—
19
Apr
Apr
'
9%
166
5%
!
39Ma
55/a
*156
5%
'
—
Jan
3 Ma Feb
Pillsbury Flour Mills——
25
Pitts C C & St Louis Ry Co—i-100
—' .y-/v.:-300
,
/1334
Feb
Pncenix
—
Nov
Oct
•74
25% Feb
Preferred
109
34
•22 Ma -Apr
Oct
2
1
Phillips Petroleum
6,200
88
21%
11
2
7%
43/a
*80 Ma,
Nov
3
Phillips Jones Corp—---——No par
,
__
24 Va
Feb
4Va%
100
1
Apr
>
105% Jan
Philip Morris & Co Ltd.————10
700
&£:■$%
Nov
23% Jan
Preferred
*203/4
37%
63
*79
21
2
7 Ma Jan
RR————50
Philco
8%
Jan
2% Jan
'
preferred———100
7,000
%/;//'
113
*7%
{4
,
$6 preferred
110
,
y
11
,152
/
-4——No
16
93% Feb
6
,
190
\
Jan
9
Feb
Apr
15 Ma
"
3 % Jan
"5
Jan
-
Oct
9 Mi
7
2
;
23 Ma Feb
,
4
Cement
Pet Milk Co—,——No par
Petroleum Corp of America—
5
Pfeiffer Brewing Co—-i—No par
/ Phelphs-Dodge Corp——
25
tPhiladelphia Co 6% preferred—_50
13,900
—
•
Jan
Y
Apr
'
—-1
1,000
88
21%
*98 Ma
Y/
16%
21%
*80Ms
21%
109
79■
38
,4
25
13/4 Jan
.
,108
78%
Jari
Jan. 2
•3 Ma Jan.;2
,1,
Y
Pipe Line Co-100
Pere Marquette Ry Co
100
78
80
112
*106%
8'
V;-i'
80
•
/
148
_5
tPeoria & Eastern Ry Co
800
,
Transp
v
91 Mz Jan
/ 33% Jan
13 Mi Jan
1,640
,,
33
.
8%
6Ma
25%
»
Peoples GLii'CC (Chic)—100
2,200
—
&
East'n
Pepsi-Cola
12,300
43 Ma
v,v'v
82
/
-I.
7%
7%
43
77%
8%
!
/
42%
45%
:
.
://;
--
Dec
Apr
4%
,16
11
,-100
Peoples Drug Stores Inc.-
400
5M4
45%"
109
26 34 Feb
par
900
/:
Petrol
Pennsylvania
26,400
__
19 Ma
25%
45%
21%
*98%
.;
173/4 Feb
$7 conv pref ser A
No par
/ Penn G1 Sand Corp———No par
yy/yyy/yY/ 200
24
53/4
%
88
*20%
36
19%
*23%
243/4
4%
*3%
35
Y.:
5M4
15%
*77
5
•'19
Park & Tilford Inc.——
—4.1
Park Utah Consol Mines---*
—.1
& Co——/—No par
Parker Rust Proof CO——2.50
Parmelee Transportation
No par
Patino Mines & Enterprises——_1Q
Penick & Ford————No par
Penney (J C) Co_
.—No par
Penn Coal & Coke Corp
10
5%
Mar
.57%
6% Mar
Y
30
.
500
5 Ma
25 Ma
*42
112
45
ft
•
.
2%
34 Ma
5%
80
*8
| 49
'
24%
15%'
*111%
"18 Me
5%
77%
*106%
82f
I6M2 Jari
par
.
16,500
—
25 Ms
78%
112
4/
19%
15%
*111%
36
preferred——^—
Penn-Dlxie
1,100
200
5%
108
8%
>:
.23 Mi Jan
Paraffine Cos Inc__A—
No par
4 % conv preferred—!—
—100
Paramount Pictures Inc—
—1
6% 1st preferred——4.
—100
1st preferred called—_:_a——.4—;
v.—
—
5 Ma
23 Ma
77
108
45
.
5,300
—
24%
79
*106%
*77
/
.
17
2 Ma
5%
19%
'
8
^
■
34%
23%
15%
78
5%
35%
76%
15%
5
/ Parke Davis
100
2,000
//;
25Ma
4*48 %
Ma
2%
19%
7 '/■
5%,
25
42%
*78%
15 %
78
I
700
*17Ma
35
24
*23%
,
48
2%
33%
19%
24
7
Si/2
25
42%
__
25 Ma
18 Me
48%
2%
20
*23%
XIOV4 Feb
!
.
3,200
t
«,
40
*107 Me
*17%-
'
24%
;
t
2Mb
39M4
*14%
:
25%.. 25%
32%
35%
19%
24
18
%
5%:
34%
19%
%
*23%
25%
48
•
15 Mb
*107M4
25%
17%
33%
/%
15%
15%
*107%
25%
,:,V.
4
J
.
3%
2%
2%
40 Me
'/
;/
A
833/4
3 Ma
3Ma
2%
40
.
4,000
4,600
700
11,50.0
«,
>
—
593/4
833/4
83%
3%
2%
40
—
2%
*58
:
Y/%-4
/
j
243/4 Y 24Ma
.
59s/a
83%
3%
2%
*39
•
163/4
2Mb
2 Ma
25
24%
*58
83 >/2
*16 Ma
163/4
2%
24%
59%
82%
40
:
2%
24%
*58
3%
16%
40
'
*107
25%
2%
=
83
2%
40
;
24%
*3%
-
;Y
19 Ma
1%
28 Ms
Corp—_No
Panhandle Prod & Ref„j,
600
1%
59%
83
2%
40
*15
6%.
Panhandle
.
2,000
28 Ma
2%
24%
13
*
60,300
19
1%
16%
.
131 Ma
28%
*16%
•
Y; 200
131
I0U74
19%
.
32,900
.--,7 1"
1%
17
*58
3%
*15
19'%
18%
*128%
-
~Y4
.4
104
-
C
*-'4 (,
28%
2%
U.
25
59 %
iy
.
.
730
..
2Mb
1%
16%
24%
*15
177/a
,
Ltg
Pan-Amer
28%
28
17
2%
19%
1%
29%
17
,
:,>Mv iy
38 Ma
*100
132
17%
17
Pacific
48
12
14% Jan
Pacific Mills—-—_No/ par".
/Pacific Telep & Teleg——!„100
700
1083/4
2%
*38
104
-1,000
9
108 3/a
2MB
38%
*100
12
*7
108 Ma
*38
104
;
9
2%
.
Ma
26 Ma
108 Ma
2%
39
*100
3
*7
.
109
2%
39
38%
*100
3%
2%
2%
*38
38%
3%
12%
3%
24%
109
109
2 %'
38%
3%
12 Ma
3%
9
,'.*7%
3%
13
12%
*150 Ma
12%
3%
3%
3%
12
151
-
Sep
Dec
Jun
"/ Pan American Airways Corp-—_5
3%
151
.1,;
,.
Dec
27Ma
•:.54% Jan
Pacific Tin Consol'd Corp^
,w;
1
Pacific Western Oil Corp^ —--^10
Packard Motor Car——No par
151
*150
151
11%
9
*7%
::
*150%
22%
93
3%
24
V
22%
93
A' /;:
Jun
Apr
42
2
92%
38
Jan
17%
143 Ma
22
5
22%
38
Jan
4 Ma
>«:■
Mar
Jan
5
37
:
Dec
79
.11 Ma Mar
46
73/4 Jan
9.1%
37
Dec
6%
,
Apr
22
6% Jan
22%
36%
12%
30 Ma
Jan
Jan
/ 23% Jan
2d preferred
——No par
Pacific Finance Corp (Cal)—
^10
Pacific Gas «fc. Electric—25
.
Dec
Oct
29
8
36%
Q9
3%
3%
,4,400
i
3%
Jan
147M4 Feb
—10
37
11%
11
i
.
Mar
34
30 Ma Jan
.
.
Sep
Dec
38
10%
18 Ma Feb
—No par
22%
*22
151
1
j
—
17%
•
Jan
15
/, 46
Nov
Sep
Jan
28%
Jan
8%
110%
Feb
734
89
Jan
Jan
•
Apr
26
■■■:.
Jan
14
96
/
p ■;
Pacific Coast Co
1st preferred-^
•,
31%
Feb
Jan
142
8
■
7 Ma Feb
15
15 Ma Jan
;_100
Apr
Apr
37% Jan
3 Ma Jan
69
100
Jan
53
Apr
83/4 Feb
x3M4 Jan
50
——
39
v
19
15 Ma Jan
.
Apr.
113
2
2
Jan.
13
.
„
Sep
5
11% Jan
340
.
Oct
Jan
92
36%
22%
sqi
173/4
17
2 Mb
5
.-100
preferred———100
'
*17
B
Y
14
29 Ma Jan
Y'310
'
•& Jan
-■/
Feb
-:.20Ma Jan
i Pacific Amer Fisheries
530
27
May
1
A
-/"
"Outboard Marine & Mfg—
5
Outlet Co—,
—No par
Oweni-Illinois Glass Co—
12.50
—1,400
__
4
9
-100
v; 6%
3,800
8
*7
-—100
7 Ma Jan
Western—
ty
9
07%
&
101
No par
10
—
—
Ontario
50
1
"Oppenheim Collins———_No par
' Otis Elevator——
No par
-
.
preferred
—
6,000
'.
53
57
57%
Jan
non-cum
Ohio Oil Co—
50
•
.
Y
'
110
Oliver Farm Equip
_No par
" Omnibus Corp (The)——
—6
8% preferred A———. —;_100
400
__
Apr
Dec
Preferred
8,000
'
—
30%
*29
/.
—
—
__
12 3%
60 Ma
Norwich Pharmacal Co
3>000
v
—
18
16
30
Norwalk Tire & Rubber—
-
30,700
.
i
.
—
—
5
17%
;
—
;
Dec
Jan
V2 Jan
50
-
500
Cl-i.
88%
4Ma
V
.
„
6%
6%
6%
2,100
.
—
—
Dec
19
tNor States Pow $5 pfd
—No par
Northwest Air Linesl
—No par
Northwestern Telegraph—
50
70
:
—
34%
;
'
—
40
*10%
10%
10%
10%
10,800
*'"C
190
—2,500
—
*39
15%
39
.'
112
6%
16%
Feb
80
Northern Central Ry Co
Northern Pacific Ry
10
—
Jan
7
53/4 % preferred series-.
North American Aviation
10,200
98
15 Ma
2
6%
600
_j.
—
11%
11%
*95
Jan
4
North American Co
900
—
5
Oct
63/B Jan
Adjust .4%
21,200
—
52%
52%
11%
96
112
/ iii
"
52%
96
r
8%
112%
.
12%
11%
:
113%
8%.
*112%
12%
52%
52%
11%
11%
,
*93%
>
—
19 Mi Feb
Feb
16% Jan
Noblitt-Sparks Indus Inc
tNorfolk & Western Ry
100
/
v'ivcM 960
•/"•;.: //:
80
,v. v.-
—
5
51
Feb
N Y Shipbldg Corp part stk
A'
28%
14 Ma Jan
,
Dec
10 Mi
16
Ma
63% Jan
—
1,800
,
403/4 Jan
12%
—50
tN Y
200
y
,4.-.'
22%
22%
,
2%
'
"hi
-
.
27
17
No par
N Y Lack & West Ry Co
" tN Y N H & Hartford.
Conv preferred
280
3.100
-
31% Jan
Jun
I"'
11
13
32%
11 Ma
2
13% Jan
$ per share
23 Ma May
6Ma Jun
6
Feb
27
Highest
I per share
preferred——
5%
10%
i
303/4 Feb
Jan
2
1942
N Y & Harlem RR Co
50
.
—
$ per share
2
10% Jan
11
No par
Dock————„No par
York
New
100
w.-
27% Jan
-100
_100
preferred series A—
NYC Omnibus Corp
200
%
169
52
;
,
42
%
2%
y_
No par
Year
Lowest
Highest
I per share
No par
6%
1,500
106
A
,
—
Lowest
%
N Y Chic & St. Louis Co—
10,600
75
103
39%
%
■
__
Range Since January 1
;
New York Central
2,000
:
/
EXCHANGE
.
New York Air Brake--
1,400
17%
74%
.
Per
32,900
,
7
17%
77%
*98
38%
7
17%
*76
%
.
7%
17%
76
39
tV
2%
*6
:
76
,
*38%
38%
7%
18
*17%
*17
;
Shares
30%
12 %
11%
the Week
$ per share
Range for Previous
NEW YORK STOCK
Sales fur
Feb. n '
Feb.11
share
Monday, February 15, 1943
.
Sep
Jan
523%. Oct
122
14
Oct
Ma
Jan
Mar
863/a
Jan
9
73 Ma Mar
x99M2
Jan
10
79%'Mar
111
Jan
99
Mar
123
5
111 Ma Mar
116
10
203% July
62
28 Ma
Jan
Oct
Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
Volume
NEW YORK STOCK
LOW
Monday
Feb. 0
I
per
Feb. 9
I per
share
«
share
Feb. 11
t per share
per share
12%
12%
12%
12%
105%
106%
105%
105 %.
95%
95%
95%
95%
95%
96-
15%
15 %
15%
15%
16%
16%
17
13
13
13
13
I per share
13%
105%
13
12%
105 %
12%
*105
-
15%
8ales for
NEW YORK STOCK
the Week
EXCHANGE
S per
13%
13
Lowest
Par
20,800
-No
S
per
U
Year
J per share
share
Jan
14
13% Feb
104% Feb
3
106% Jan
6
92'/a Jan
2
96% Feb
II
-No par
13% Jaii
2
17
Feb
Quaker State Oil Ref Corp—10
10% Jan
4
6%
1,100
5%
Xl6%
16%
7,400
13%
13%
300
(The)
.
par
preferred
preferred
conv
Purity Bakeries
Highest
share
per
100
200
96%
1942
Lowest
Highest
100
Oil
Pure
106%
95%
v
Range Since January 1
-Shares
share
*105%
-
Range for Previous
Friday
Feb. 12
Thursday
Feb. 10
96
12%
*104%
*95%
STOCKS
Wednesday
Tuesday
Feb, 8
P«turday
RECORD
HIGH SALE PRICES
AND
613
7
t per share
Apr
11%
Dec
90% May
106%
Dec
92%
Dec
9% Mar
14%
Nov
8% Mar
11
10%
Oct
80 %
Jun
10
13% Feb
11
7 % Feb
10
2% Mar
63% Feb
5
46 % Mar
59-re
88
Apr
90
2
Apr
Jun
54%
Q
*12%
13%
13
R
6
6%
100
*86
63
*24
63%
*86
100
4%
4%
*86
'
5
100
4%
5
30,000
400
'24%
24%
24%
25
1,600
12%
12%
13
12%
13%
2,700
29%
*28%
*28%
28%
28%
29
15%
15%
*15%
16
29
29
*29%
30
15%
15%
*28
3%
21%
24'A
24%
24%
3%
3%
•
75%
72
21
21%
*21
21%
*20
*6%
6%
*6%
*14%
15%
12%
12%
12%
12%
*73%
75
*73'A
75%
*73%
76
*74%
46
45%
45%
*45
46%
45%
45%
100
*5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
2,500
15%
15%
15%
15%
15% : 15%
15%
15%
15%
15%
*98%
99%
99
*98 %
99%
*98%
99%
17,800
:v 210
75%
75%
77
*75%
77
*75%
76 Vi
200
99
99
75%
90
90
68%'
*67%
6%
6%
6%
6%
*88
*9%
.
6%
68%
87%
9
87%
7%
7%
7%
7%
7%
28%
28%
27%
28%
27%
6,800
'
130
97
94
94 /.'
67
68%
67
67%
67%
180
9%
2,100
87 %
90
9%
9%
87%
87%
87%
7%
87
V; 7%
3,900
28%
5,300
*34
28
7%
28
8
27%
8
28%
9%
,
34%
35%
34%
34%
34%
34%
34%
22
Dec
Jun
12
Dec
25
26 % Jan
30
28
34%
14% Jan
16% -Feb
29
Feb
3
24% Feb
10
Jan
20
Jan
24
Feb
1
6
Jan
6% Feb
11
14% Jan
15% Feb
2
10% Mar
16
Dec
13 'A Jan
2
7'A May
13
Dec
_1
12
74 % Feb
4
46% Feb
2
38%
5% Feb
11
2%
Jun
2
15% Feb
10
13%
Sep
95% Jan
6
99
Feb
5
x94%
73% Jan
4
76
Jan
19
.
No par
—100
5% % preferred—————100
Reynolds Metals Co.———No par
5%% conv preferred—
—100
Reynolds Spring——
— 1
Reynolds (R J) Tob class B——10
6s Brass—
Revere Copper
Oil Corp.
*6
6%
6%
6%
6'A
6%
6 %
800
22%
22%
23
23%
23%
1,000
12%
13
13
2,100
Rustless Iron & Steel Corp—;
*44%
32%
*44%
32%
46%
44%
44%
32%
46%
32%
32
32%
xl3
32%
46%
32%
3,600
J*
1 %
1,400
Jan
22
Feb
11
7
69% Jan
25
54
4'A
1
4
Feb
9
28% Feb
11
34% Feb
37
Jan
18
9
Feb
8
86%
Jun
8% Jan
85 Va
Apr
3% Mar
x20
Oct
Jan
74
May
75 Va
Jan
7%
129% Mar
Jan
5%
Oct
Apr
Jan
Nov
31%
27%
54
Jan
10
6%
Apr
9
Jan
Jan
8
10% Feb
9
6%
Apr
9%
Nov
5% Jan
2
6'A Feb
11
3%
Jan
6% Nov
23 Vi Feb
11
9
;
.,
Jan
100% Mar
6 % May
9% Feb
87% Feb
Jan
Dec
19
78% July
25% Jan
16
20% Jan
7
Feb
21%
Dec
11% Jan
6
13% Feb
2
Nov
4
46
Jan
11
7
May
34% May
13%
43
1
$2.50 conv preferred——No par
100
32%
46%
31%
*44%
hi
*44%
7
94
7% Jan
Mfg
No par
Roan Antelope Copper Mines—
Ruberoid Co (The)—.
No par
13
6
5% Jan
Dec
Nov
5%
Jun
13
7% Jan
Ritter Dental
71%
Dec
70
Feb
49
Mar
5% Jan
80
v:
——No par
700
x55
64% Jan
10
Common
Richfield
11%
Jan
4
85% Jan
;
preferred
1%
*10%
12%
14
No par
—100
100
Republic Steel Corp
6% conv preferred—
6% conv prior pfd ser A
10%
*21%
7%
Jan
2
8%
13%
Dec
4
10%
22%
22
Dec
4'A Jan
8%
12%
Apr
6
69% Jan
10%
22%
Dec
42 % Jan
8%
13%
70
11
,
Jan
1
10%
22%
Jan
39
100
8%
13%
20
1%
10
25
—25
—
10%
22%
3% Feb
Jan
—
8%
*6 ■•?
Nov
75
10%
6%
Sep
3%
May
3'/a Jan
66% Jan
8%
'6
Nov
Nov
23%
100
& Co 1st pfd.
Reo Motors v t c
5,100
9
8%
15%
28%
20
11'A
5
;
10%
9
Apr
23% May
2
100
Hosiery
*10
8%
26% Teb
23% July
with warrants.
140
-
Jan
Rensselaer & Sara RR Co..
"
*33
Jan
7%
22% Jan
Preferred
*92
9%
87%
2,600
6%
6%
7
6%
6%
92
*67-
9%
9
86%
i
92
90
,
68%
9%
86%
99
*75%
15%
26% Jan
Remington-Rand
76%
*45%
75%
2
11
50
(Robt)
Dec
Feb
50
Silk
Dec
Dec
13% Feb
Reliable Stores Corp— -No par
10
Reliance Mfg Co
75%
12%
25
Reis
100
45%
12%
Jan
Dec
3%
11% Jan
110
45%
12%
21
Dec
5
1
200
*73%
12%
Feb
6%
15
34%
67
50
Preferred
-
11
'A Jan
2d preferred———
4%
Real
110
10
54
21%
15
12%
12%
500
Feb
1st preferred
4%
500
~5
3% Jan
par
conv
—
100
72
6%
6%
15%
-
%
3%
3%
>
*71
-
24%
24%
3%
72
*14%
6%
15%
*14%
-
72.
21%
*6%'
6%
15%
*3%
3%
72
*68
22%
24%
24%
24%
3%
15%
29
6%
Jan
100
Reading Company——
24%
12%
29
1
Radio-Keith-Orpheum
400
24%
12%
200
-
4% Jan
59
—No par
preferred B
preferred——
—No
Raybestos Manhattan—
.-1
Rayonier Inc
$3 preferred—
—
24%
15%
$5
.
67
29'
-No par
Amer__
$3.50 conv 1st preferred- -No par
Radio Corp of
1,100
*28%,
72
*6%
63%
67
*28
*14%
63%
67%
24%
-22%
63%
*63
'
3%
148,800
63
15%
71%
7%
12%'
29
*24%
7%
24% '
29%
*28%.
*28
7%
V
100
4%
7%
63%
7%
63
12%
.v
*15
•
63
*58
24%
*12%
*86
4%
4%
4%
4%
*57
63%
100
*86
'
6%
63%
*63
63%
63 %
6%
%
47%
Nov
10
23
Jan
s
%
■V
;
iB
hi
iB
1
a
;
1%
V
hi
hi
1 %
1%
5%
5%
*5%
5%
*5%
9
*8%
9
*8%
8%
*36%
36%
108 %
107%
*8%
107% 108
108
108
36%
36%
36%
*36%
i
11%
11%
11
11%
22%
22%
22%
98%
99
*98
*1
1 Ve
l'/a
5%
*5%
5%
*5%
*8%
8%
*8%
36%
36%
36%
108 %
108
20
5%
v;'
11
10%
11%
10%
650
11
23%
23%
23%
23 Ve
23%
9s %
98 %
*98
99
*41%
42%
*41%
42%
110%
■.V/' hi
1%
100
*113
114%
*113
114%
*113
114%
114%
114%
110%
*110%
112%
*110%
112%
*110%
112%
*110%
112 %
10
%
V- %
.%
'■
%
A'*.A
%
U
■
%
2%
5,400
18%
18%
18%
18%
18%
18%
18%
1,400
Seaboard Oil Co of Del——No par
2%
2%
2%
2%
2%
2%
*2%
2%
1,200
Seagrave
64%
64%
7,800
2
1%
■
11
60%
60%
9%
9%
•
64%
64%
x64 %
64%
12%
12%
12 Ve
12%
xl2
11%
11%
11%
60
60
60
60
A
63%
9%
9Va
9 Va
68
*66%
69
2
2
63
12%
*66 %
At
2
*10%
64%
11
68
12%
12%
12%
11%
11%
11%
900
•:> 60%
60 %
60%
61%
9 Va
9'A
'•7%
9 Va
68
68
69
*66%
68
A
7
7
7 Va
34
34
19%
.,
•<
20
3
3 v*
■
3%
3 Va
18%
r;
18%
18%
20
18%
18 Va
19%
■'A
20 »A
*1%
1%-
*25%
25%
33%
1%
33%
%
15%
*16%
11%
15%
7A,
22
140
140
*16%
11%
2%
2%
723
*15%
•
11%
2%
17
17
17
At 20%
17
U'A
•
2%
2%
*16%
*112
20%
15%
*16%
17 lA
11%
*91
115
20%
21
34
94%
*112
115
21.
*15%
33%
*91
94%
*1%
*25%
26
*25%
33%
*91
■
„
A
—
,
3%
18%
18%
22%
-A
s
*16%
*139%
f
22%
22%
22 -7
A,'.
140
20%
20Va
:
'
.
18%
«
•
*1%
1%
*25%
26
115
?:
20%
20%
15%
115
—"J
17
16%
17 'A
11%
11%
11%
11%
22%
22
140%
:?
*139
16%
x
141-
22%
22%
22%
11%
11 Vi
11%
11%
11%
11%
16%
17
17
17%
16%
17%
17%
17%
17%
17%
17%
17%
17%
17%
;>
38 Vi
38%
38%
38%
x37 Va
48
46 %
48%
*47
48%
3%
3%
-A A'AA
...
*24%
,4Va
;4
A
5%
5%
*105%
*24
24%
25
30%
30%
31
*33%
34
*33
34%
59
59 Vi
*58
59
*58
59
3%
*58
4,
AA""'
.
3%
37/a
'
3%
24%
31%
*40%
41
40%
35%
*35%
35%
35%
35%
109 %
*109
50
V:
——'
*49
1%
2%
50
5%
106
"
1 Va
3%
3Va
*109
49
5%
106
5%
•: *106%
lVa
1.%
3 Va
3
1%
1%
12% ;
12%
,
13
13 Va
12%
3%
14%
5,300
14%
14%
14%
14%
15%
15
15%
31%
31%
31%
31%
32%
32%
32%
x32 Va
32%
29%
29 Vi
29%
29%
29%
29%
30
x29%
30
48%
49 Va
49%
49%
49 Va
49%
49%
50
49%
50
38%
38%
39
39
38%
38%
39
39
38
%
39
26%
*26
26%
26
26
63%
63
63
63%
63%
63%
*26%
26%
63%
8,500
*
8%
9Va
9Va
8%
8%
9
8%
9 Va
5%
53
*
>c—
—
62%
•
•***
1,300
200
-
„
„
■
:
7,200
Stewart-Warner
fit.okelv Bros & Co Inc—a.——— 1
5%
5%
8%
7%
8 Va
37,100
Stone
Studebaker Corp
7%
.
"20 Va
27%
For
7%
7%
*51
8%
35,700
50%
51%
1,200
125 Vi
220
124%
4%
4%
4%
4%
4%
4%
15%
15%
15%
15%
15%
6
24%
footnotes
16
125
.
1%
2
2
2%
19%
20
19%
20%
20
20 Va
27
27
27%
27 Va
*27
27%
MiA
24%
see
R
*5
24%
page
2
615.
24%
2
6
24%
•
*124%
7%
8
51%
51%
124%
15%
24%
7%
51%
124%
16%
*4%
.
2'/a
20
*26%
5
15%
--10
3,500
9 Va
5%
51
—No par
L S
(The)
7%
16%
*26%
Starrett Co
25
—25
—25
Sterling Drug Inc—
5%
125'A
4
5
5
1,300
.
7%
4%
2 Va
Standard Oil of Ohio—
5%
51
1% Jan
Jan
Standard Oil of New Jersey
7%
4%
2
nrior
5%
4%
19%
cum
7%
125%
124
2
(Standard Oil of Indiana—
5%
7%
7%
7%
52%
$7
A Jan
--No par
No par
preferred—No par
7
7%
No par
preferred-.
cum prior preferred
5%
"5%
124
$6
2
7
Standard Oil of Calif——iNo par
'
7%
$4
4 A Jan
22,000
'
8%
.
•
-w
„
Superheater Co (The)
Superior Oil Corp
Superior Steel Corp
Sutherland Paper Co
400
27%
No par
(4%% cum)
1,900
3,100
—1
(The)
Sun Oil Co
Sunshine Mining Co
14,800
2%
20 Va
No par
5,800
—.
,
-5
Corp—
& Webster—
Class A pfd
100
.100
-No par
—
1
.100
10
*
*5
24%
6
25
*5
24%
6
25
Ftwpots Co
„
—
5,000
of Amer
Swift & Co
------
—
100 A Jan
10,300
-
26%
62%
-
35 A Jan 7
33
Jan 6
109
Jan 28
49
Feb 10
No par
30,100
■
'
26%
62%
/
/ -1-
15% *
14%
*26
18,600
—#'
-
No par
-
Standard Gas & El Co„
7,400
•
—No par
No par
Brands
$4.50 preferred—
400
100
conv
Standard
50,400
13 %•
12%
100
-
A
1%
-<
1
preferred
Squibb (E R) & Sons
$5 pref series A
—_
'
29%
1
v
—
6
31%
-
.
■
106 Va
3 Va
3%
13 Va
V
—
—
No par
preferred
Square D Co
,
—
106%
^
Conv $4.50
5%
50
5%
5%
108
*
32'A Jan 18
57
Jan 9
3, "!an £
No par
No par
2
preferred A
Spiegel Inc
-
600
Jan
Jan
1
400
*113
-
12%
12
"A-T v■■■•;
$3 conv
2
9
Jan 12
Jan 6
2 /a Jan 6
33
Jan 4
21% Jan 26
-—1
gpicer Mfg Co
V
8,800
—.
109%
*48%
49
—
35%
35%
109 7/a
•
20
„
15 A
- 35 A
42'A
A 2%
No par
No par
Sperry Corp (The)
100
-
,
No par
—
Spencer Kellogg & Sons
4,700
;
41
*109
*113
♦113
'
5%
1
109 7/a
—
a
4
40%
41
107%
3 Va
3%
37/a
41%
5%
1
500
31 Va
34 Va
*105%
,
108
3 V8
24%
24%
34 Va
21% Jan
2
10% Jan 13
15% Jan 7
100
Sparks Withington
'
..25
7.50
100
Spear & Co
$5.50 preferred
200
A,
—
20% Jan 2
132
Jan 15
No par
Ry
preferred
5%
16% Jan 11
No par
Mobile & Ohio stk tr ctfs
8,000
—
—
-
Natural Gas Co
IOO
40
30 Va
*113
;
A
—
3Va
,
*37 %
24%
*49
50
'J+*im,
*2%
;•
30%
*109
109%
*49
3%
3%
■3
38%
*35%
35%
*35%
3
*37
40%
42
42
.
59
,7
58
58
3 Va
2%
41
35
30 Va
35
A
*37
California Edison
Southern
7,000
A
.A';
—
2
No par
.100
Southern Pacific Co
Southern
2
2'A Jan
5
Greyhound Lines
Southern
4,000
10 "A Jan
1
preferred
8%
28 % Jan 11
77
Jan
2
111
Jan 6
19
Jan 19
.. 15% Jan
2:
16 Ve Jan 4
15
60 Porto Rico Sugar:;.
7,400
,:A..: .A
t c
Packing Corp
S'eastern
25,900
—
*34
30%
30%
2%
•
41
*37
25
*24%
x3%
3
*2%
3
41
*37
3%
3%
3%
3%
*2%
'
*
100
Socony Vacuum Oil Co Inc
South Am Gold & Platinum
1,800
■
,
A
„
15
No par
10
No par
—No par
.
Snider
2,100
38
48
A
—No par
Corp
Smith & Cor Type v
300
.A
17%
38%
Smith (A O)
600
A-A A.
17%
preferred
$6
A
600
11%
17
48
10 %
Petroleum
Skelly Oil Co—
Sloss Sheffield Steel & Iron
6,300
22%
22%
22%
11 Va
38%
Simms
—
120
16%
*46
2
4
2
1,400
•
—
22%
17%
Va
16% Jan
1% Jan
21
Jan
A -"
140
140
•
11%
38%
No par
27,600
i6%
16 %
22%
23 Va
f
.777—
-
:
*
■
"TJ.
—
—
22%
48
.A
Simonds Saw & Steel
■"
:..U-
,
3
17
38%
Simmons 00
i,4oo
7:
11%
2%
3
2%
16%
v.;
;
Jan
Jan
1 Va
Sep
5% Feb
6
2
Jan
7%
Sep
8% Feb
4
5
Jan
10
Sep
Feb
1
Apr
44
Jan
108% Jan
18
Jun
110
Jan
11% Feb
2
x9 %
Dec
19%
Jan
23% Feb
5
12%
Apr
21%
Dec
99 % Feb
2
78
Feb
1
114 % Feb
37
(The)
12w.
—25
29%
104
iV Nov
May
98
Oct
25 Va
Apr
39
Dec
11
109 Va
Aug
116
110% Feb
6
106 Va
Jan
% Feb
11
Vs
Jun
2% Feb
11
%
Dec
1 Va
19 % Jan
29
10%
Apr
17 Va
2% Feb
10
1%
Dec
64% Feb
9
43
6
Dec
ft Feb
Sep
Dec
3% Mar
43% May
4%
Jan
113%
62%
Nov
11%
Dec
11% Feb
10
8
Apr
10%
Nov
61% Feb
11
52
Dec
60
Jan
12% Feb
Jan
9% Jan
4%
Apr
Feb
54%
Apr
68
9%
66
4% Mar
7% Feb
30% May
35
10 Va
Apr
18%
3 % Feb
2 Ve
Jun
4%
,19 v
..
Feb
Feb
TV* Jan 28
11% May
% Apr
" Feb
4
34% Feb
11
19%
Jan
15
65
Apr
113
Jan
11
108
21% Feb
2
16% Feb
1
17% Jan 29
Dec
Jan
Dec
1%
20% Aug
Nov
Aug
17
Apr
99
26
Dec
Nov
7%
20% Feb
34 "
5
A
A.
15%
15%
17'"" •717Vi
11%
*46
2% Jan
—
20%
20%
:
22%
.
Mines—-—5
94%
*112
15%
2%
—
—
„
34%
*91
21
16
17
15
Silver King Coalition
''vyy/A,
—
26
34%
115
*112
1%
*1%
*25%
Pen Co..—No par
*
94%
*91
94%
Hv
1%
26
34%:
34%
A
Vs
5% Jan
8
31% Jan
4
17% Jan 14
Oil
34% Jan
,
10
22
4
No par
May
A Feb
1% Jan
8% Jan 20
64% Jan
7
3,800
—
.—
'
34%
Jan
No par
No par
(W A)
Union
Shell
54
—No par
2,900
-;
IB
18%
~
Sheaffer
80
7,400
'
—
3%
3
3%
r
'
*1%
'
34
*33
34
3,800
7%
7%
7%
*33%
! 1
Va'. V
1
(Frank G)
Shattuck
32% Feb
59% Jan 12
10 % Jan 13
9
Jan
7
No par
Corp
$5 conv preferred
200
—
—
5
—No par
Sharpe & Dohme
$3.50 conv pref ser A
3,200
—
...
Inc
Sharon Steel
290
9%
,
•
3% A 3%
33%
19%
33%
20
7 Va
33%
7%
7%
19%
*113
Servel
6,100
11%
.
Corp..
:
Sears Roebuck & Co
'
33%
*109
preferred—
4-2%
1%
18%
2%
12%
*34
_
—
2
63%
22%
41,200
'%'
preferred
$4 preferred
tSeaboard Air Line
19
2%
140
:
—100
No par
No par
—No par
—No par
.-100
preferred
$4.50
Jan
2
Jan
6
Jan
2
Jan 16
7% Jan 9
35
Jan 7
105% Jan 7
10 % Jan 2
19% Jan 12
96
Jan 15
38
Jan
9
113 % Jan 26
107% Jan 23
& Jan 2
% Jan 2
16% Jan
4
2
Jan
8
—5
—5
Scott Paper Co—.
20
*18%
*112
5%%
400
42%
114%
*113
—
17,900
99
99
*41%
preferred
Safeway Stores
,—
5% preferred
Savage Arms Corp—
Schenley Distillers Corp.
8O0
28 %
&
%
4
10
100
-100
100
100
-No par
«——-100
5%
5,900
10%
43
1,800
36%
107%
Joseph Lead
—Ll,
.
JSt Louis-San Francisco—
6 % preferred
JSt Louis Southwestern
St
8%
■"
22%
.
98%
*41%
42%
42%
1
108
21%
:
27
Dec
Nov
30%
Oct
100
Jan
July
113%
Dec
15'A July
20%
Jan
15%
Nov
9
Apr
13 Va May
17
Feb
11% Feb
6
6Va Mar
10%
Dec
Jan
27
1% Mar
2%
Jun
17'A Jan
26
3
140
Feb
11% Feb
Apr
15%
Jan
17%
Jun
26 %
Jan
122 »A
Nov
144% Jan
Apr
21 Va -Nov
9 Vi
5
22% Feb
14
14%
23% Jan 29
Apr
12'/a
Jan
17% Feb
10
Jun
18%
Nov
18% Feb
12% May
23% Jun
18%
Feb
39
Feb
34%
50% Mar
3% Feb
1%
Apr
1%
Nov
38% Feb
48
Jan
30
37% Jan
28
25% Feb
5
3
Jan,
>
Oct
3
Aug
3%
Feb
31
Dec
59
July
17Va
Apr
24
Nov
Dec
31%
31% Feb
10
21%
35% Jan
25
30
Sep
37
Mar
59% Jan 26
49
Mar
60
Jan
Jan
4% Feb
42% Feb
2
2%
Sep
4 Va
Jan
2
29%
Sep
45'%
Jan
Jan
2
27%
Jun
38%
Jan
110'A Jan
26
Feb
3
36
108
Dec
114
Feb
Feb
11
106% Feb
11
1% Feb
40'/a
Apr
109 Va
50
Aug
113
Jan
2%
Apr
5
Jan
89% May
110
11
6
»"»
Sep
%
49%
Jan
Jan
%
Oct
3% Feb
11
Apr
2 Va
Oct
13% Feb
11
5V8 May
11%
Jan
15% Feb
11
6
Apr
13%
Jan
32% Feb
11
18
Mar
29'A
Dec
30
Feb
10
20
Apr
29
Dec
50
Feb
10
30 Va
Apr
47
Dec
39% Jan
22
25 Va
Apr
40
Nov
26% Feb
3
22%
Dec
34%
63% Jan
4
42
Apr
62
9% Feb
6
2
2
5% Feb
6
6
Jan 9
Jan 2
Jan 2
1% Jan 2
14% Jan 20
26% Jan 4
9
10%
28%
28%
Jan
Jan
8
Jan 12
;/ 46% Jan
2
37 % Jan 4
' 25^ Jan 2
60 A Jan 26
7 A Jan 12
4 A Jan
5% Jan
5% Jan
48%
124
3%
127A
Jan
4% Feb
22% Jan
5Va
Jan
Dec
Jan
8Va
Nov
11
3Va Mar
4%
Jan
8% Feb
10
4
Apr
6% Nov
8% Feb
11
3%
Jan
6% Nov
54
Jan
26
127
43
Apr
116%
Jan
4
5Va Feb
1
Apr
3% May
16% Feb
5
11% May
2% Feb
10
20 Ve Feb
10
27% Jan 21
1
5
Feb
2
2
25
Feb
10
55%
128
Jan
Dec
5%
Jan
15Va
Jan
Apr
1%
Jan
9 Va
May
16 Vi
Dec
17%
Feb
26 Va
Dec
1
3 Va May
20
Sep
4% Aug
25
Jan
& FINANCIAL CHRONICLE'
THE COMMERCIAL
514
LOW
Feb. 8
Fob. (i
S
Feb.!)
V
shale
uer
Tuesday
t per
share
per
S per
S
293a
2934
2934
29%
29%
29%
29%
30y8
2274
233ft
22%
22%-
22%
23%
23%
23%
5%
5%
*5%
39
37 %
43%
43%
44%
4
*37%
'
*19%
7%
7%
3
*52%
26%
*8%
8%
*8%
8%
26%
27%
*26%
11
11%
97%
97
11%
34''
29
Xl0%
96%
11 Va
11%
11%
11%
98
96%
28%
28%
29
28%
43 %
43%
43%
43%
13%
16
13%
2%
:"r 2%
77%
8"%
6%
6%
7
*6%
6%
67/a
11
11
14%
.14%
14%
14%
14%
15 y»
15%
15%
15%
26%
' 2774
27%
28
27%
28%
28%
28%
11
11
12
*11
11%
*11
11
11
6
71
10
Feb
1
33 % Jan
',"'"•3
7.2
Jan
■
35
5
..
8% Jan
4
-
27% Jan
3
Mar
Jan
52%
Dec
Apr
434
Jan
Jan
41
334
30
34%
Feb
2% July
7.4% Jan 21
9% Jan 23
"5
26% Feb
Jun
3 34
Jun
5%
Dec
27'/a Jan
17% July
M Mar
15
Sep
9%
7
2
2V8 Jan
12
1%
Nov
4
19% Jan
11
8'%
Jan
15%
Nov
12
11 % Feb
10
8
Jun
1034
94% Jan
4
98
Feb
2
85
Mar
97
Dec
28% Jan
2,
29Sb Jan
15
22
May
34%
Jan
43% Feb
2
31% May
43%
Jan
1% Jan
par,
16
par
40% Jan 20
Air Inc..7—7.5
West
4
15 74 Jan
27
16% Jan
11% Jan
Feb
5
8
3% Feb
Truscoh Steel Co_l——'
Cen
$1.50
—7—No
Corp
Fox
Film
11
.10
5%
5%
5%
5%
70%
70%
69%
70%
71%
72%
200
7 %
7%
7%
7%
7%
7%
7%
7%
7%
3,800
Twin
7%
45%
45%'
45%
*45%
45%
45%
45%
45%
46%
2,200
Under Elliott
45%
9%
9%
9%
9%
9%
9%
9%
9%
4,900
Union
9%
Bag & Paper..-—
8,400
Union
Carbide &
preferred—'.
.
Coach
12% Jan
Feb
Dec
1234 Mar,
7
11
21
Jan
34 Mar
2
11% Jan
15% Feb
28% Feb
56%
2% Nov
71
Jun
.
11
Nov
7% Aug
Feb
10
7'%
19 V4
Jan
'
Feb
10
13»
Jan
'
11%. Jun
Jan
11
6
••
Jan
30
11
Oct
16
26% Nov
6
21 Va' Jan
7% Feb
11
6 % Jan
5'%' Jun
73
7
7
Jan
4% Jan ' 5 :
67
Jan ' 5 '
100
V-r-7-1
•
Co—
Feb
7
22 V
Jan
25
Corp..—No par
71%
78
Dec
18%
7
'
preferred-—-—-No par
7 %
4
6 :-
Jan
6% Jan : 4
par
Twin City Rapid Trail—No pur
5,700
:
69
6%
734 May
11
par
Corp—————-T
Jan
834
11
1% Jan
4
4
14 Va Jan
Truax-T'raer
20th
9
Feb
6% Jan
$6 preferred—L—-No par,
3,300
7
2
*5%
70
25
5% Feb
N<
*70%
5%'
53% Jan
Jan
42
2 Vb Alay
5
•
7 7
Oct
9%
Sep
Nov
Jan
Tri-Continental
;20,800
V
6
5%
5%
334 Feb
6
Jan
No
preferred.—-"
Associated Oil.,
800
:
15%
26%
*26
:
Jan
4
-10
500
%
6
8
52
par
24%
Jan
343'a
Dec
9% Jan
100
6%
6%
2% Jan
73n
11
23
■:
5
Oct
8%
Apr/
5
7% Feb
38% Jan
12
Jan
35i-
.1.1
.No
——
Transite & Williams StT—.—No
15,200
3%
78
78
28
par
Transit-Corp-No par
Transcont'l &
400
7
13
2%:-
3 V
78
*77
21% Jan
6% Jan
par
.No
Transamerica Corp
2,400
16%
13
13%
2%
2%
77%
4%
8'/a* Dec
,
10,400
7
16%
29
7
17% Jan 77 7
.
t$4.50 conv preferred—Vi-Nn par
Tl'mkeri Detroit7 Axle—
—_10
Timken Roller Bearing.—--No par
2,300
•<;« "H";
16%
13 %
13%
2%
77%
2%
78
'
16%
13%
13%
*13%
2%
16
8 Va Jan
4% Feb
•
—10
$3.50 cum
2,400
43%
6%
7
7% Jan
2
,
.100
Tide Water
400
■»
43
6%
37%
May
Thompson-Starrett -Co.*-,.
900
13,500
97%
7
Apr
5
Thompson t.J R),—__25
Thompson Prods Inc
No par '
7
u%
98
28%
6%
*77
is y».
97
6%
3%
28
29
800
1%
1%
17%
Apr
11
9% Jan
.
29
6%
15%
77%
*13%
•
1%
18%
2
39 V4 Feb
5
.No
:
Avenue
Nov
11
13
3 Va Jan
500
43
*42%
6%
1%
*18%
Third
Dec
8% Jan
.100
—
——.
Co——-
Jan
36% Jan
$3 div conv preferred
2,600
28
28%
28%
43
*18
97%
10%
97%
1%
18%
*1%
1%
17%
-
40
|.
Co_
preferred——-
Fair
Thermoid
Oct
934
42%
Apr
.—1
Land Trust
conv
Nov
4
.710
Oil—*
&
Preferred
%
8%
*8%
26%
The
20.
6,200
4%
4
26%
17%
'
5%
26%
*1%
16
4
W
35%
*34%
8%
*26'4
1%
17%
16
4
•4
4
*8%
1%
43
4
loo
3
Coal
Thatcher Mfg Co__
$3.60
53%
5
35
4
35 %
*34%
17%
*28%
5
35
Pacific
Texas & Pacific Ry
1,000
39
3
5%'
5
35
4%
V
7%
53%
55"
35
4%
20
*38%
3
*2%
55
-
39
*38%
*2%
*52%
4%
8%
*26%
39%
3%
53%
4
4
*8%
*38%
39%
8
7%
*2%
35
35
7%
7%
19%
*7%
5
5
?,300
1,000
Texas Pacific
*52%
3%'
53
53
9%
Texas
Nov
35
7% May
30 7;;
Jan
534
Apr
Apr
1»% Mar
Produc'g Co— .No par
Sulphur—.— .No par
3,500
19 Va
4
32
8
4
2
9%
7%
10
11
Feb
9
11
9%
8
2 %
Jan
10% Feb
Texas Gulf
19%
6V2 Feb
39% Feb
25
Jan
3
44% Feb
Texas Gulf
7%
5%
2
5,900
*7%
5% Jan
334:; Aug
8
2,700
19 Va
Dec,
15% Aug
1
8% Jan
4%
7%
Nov
30
41% Jan
39 %
7%'
29 Va
5% Feb
35
—
share
per
26 Va Jan
5
38%
9%
.
Highest
.*
t
19 Va Mar
15
a25
434
4%.
—
■
2
.
.__5
(The)
Texas Co
10,600
Corp.;
1942
25 %
._50
Corp——_
39%
19%
*38%
39 Va
'
•234
Tennessee
4%
7%
734
Telautograph
800
44%
44%
44%
700
38%
*714
20
,
*734
4 VB
10%
30% Jan
share
per
8
4% Jan
—9
5'/a% partic preferred—
.
10%
*4
19%
734
734
20
30
t per snare
8
Jan
22% Feb
Corp.—T
(James)
Talcott Inc
100
10%
44%
9%
9%
9%
X9 %'
9%
934
6%
29
—
Prod's Ihc_—TNo par
Symington-Gould
4
38%
39
I 3,600
,
39
4
4%
4
39
5%
39%
4
4
Sylvania. Elec
*6'/a
39
10%
10%
43%
44
38%
4
*3%
*10%
8,300
39%
6%
'
39
10%
39
4
6 %
6%
37
10%
1034
43%
*37%
4
3%
4
*334
*1034
5%
5%
*5%.
6%
37%
6'/a
*6
*37%
5%
5%
5%'
'5%
5%
Swift International Ltd
24'A
23%
5,100
Lowest
<
■
t per share
Par
30
x29%
T
,
'■,/•'./
Shares
I per share
share
per
Lowest
:..V;. ."EXCHANGE 7 ,>'.7 />■/,.
Year
Since January 1
Higliest
Range
NEW YORK STOCK
for
the Week
Feb.12
Feb. 11
share
Sales
Friday
Thursday
Feb. 10
share
Range for Previous
STOCKS
PRICES
Wednesday
HIGH SALE
AND
Monday
15, 1913
RECORD
NEW YORK STOCK
•atnrday
//Monday, February
•
"'5'/# May
28% .Jan
Nov
7834 Nov
.
7%
Nov
U
80%
81
80%
*113%
116
*113%
81%
81
*113%
116
109%
109%
17%
no:
110
*109
17%
17
84%
85
84%
84%
27
27
26%
26%
30
30%
29%
30
97
97
97
18%
18%
18%
18%
16%
16 5,«
84%
84%
*95%
18%
*16'/a
16%
16%
57%
57%
19%
19%
*20 34
i'V.
7V
"
17%
85%
X27
7%
•
4%
19%
19%
17
17
17%
57%
57%
57%
58
%
20%
8%
8Va
8%
4%
4%
4%
45%
47%
45
5%
27%
27%
27%
27%
27%
27%
27%
27%
66%
66 %
66%.
66%
66%
66%
6
6%
6
•
*
:
*4%
,
16
34
*34
1%
106%
106%
/■
4,300
7
No -par
$5 preferred—4*.—7—No par
United
Gas-.Improv'ti
4%
7 6,300
United
7
%'
7%
6%
6%
6%
7
200
t r—7—1
United Mer &. Manu Inc v
4,400
$6
220
90i%
*90
90%
7
% 7%
7%
*68
4%
34%
V
40
40
20
77
31%
31%
1,200
U
4%
.%/ 1,900
"U
4%'
4%
33%
34%
34%.
34Vi
1%
1%
J
114%
24
24
>44
234
2%
"
107
52
53
52
*66%
67%
50%
50 "a
114%
114%
23%
29%
29 Va
7 7
•
44
*44
106%
106 %
106%
1% W
Leather.,CO—77
S
-No
Prior
53
52
*67
70
115%
U S
66
*15
Ptywood Corp7._7—7-r—x_7-_l
47 Va
24
r
24%
47 Va
•
*44
;
24
*44
2%
.7
.
100
77
59
%
,3/4
.
*41'/a
I'/s
134
*10
>
65
65
*64
v
*151
173
'
V 34
%
*42
43%
1734
1734
173./,;;,'
U S Tobacco
117%
64
."64 74
United
*41
IV
•
•' '/;;;v34
10
30
n
■
100
;
,
100
■
10%
1074
350
1-
56
*116
4134
41%
*54
54%
*50
117%
4234
54
•
*57
*24%
65
*57
65
2434
25
*25
2574
.334
3
*57
65
/
?,>;(
25
334
*11674
4334
4334
"a
43%
334
44
*117
117
117
117
*27
1834
♦116
43
*50
*57
*116
77:7
/ '
'
:
1034
.
r-
117%
43
*41%
-
.
.
*50
*57
63
334
2534
25%
334
374
.
;
'
'•
Van
44
118
44
4
117
45 Va
400
4574
*117
117
—_
500
*2134
22'4
28
2774
277s
28
2874
29
534
Dec
106%
Jan
..
7
•
7
Sep
16% Oct
4% Feb
534
Dec
87
Feb
1134
Jan
64
31
31
31%
31%
3134
32
90
*83%
*8334
*128
138
2174
2274
90
*88
*128
138
734
734
7%
734
734
2 2'/a
22%
22%
2234
22'/a
X2234
2934
28%
29%
2934
2934
29 34
*2134
*87
92
138
«
.
734
774
2234
227s
29%
29
Vick Chemical Co_<
■
_—.
.—5
Dec
.yirgurianLRyyCoL—
1,100
1
—-
:
V,
■
2974
•
3,000
'
—
•
3,200
•
Preferred,—
Vultee Aircraft. Inc—
•
$1.25 preferred-.
Apr
6%
Jan
12
34 %
Jan
417
Sep
32% Jan
22
24%
Apr
34%
Jan
Jan
25
2%
Apr
40
43i
,
:
163 a Feb
f
Jan
22
7
a
10
26% May
217
20
i 1% Feb
1,
30'/« Jan
8
8
5
Jan 113
27%
Dec
10334
Dec
51%
Jan
Feb
.3
58
71
Jan
29
55 34
Jan
11934
Jan
,.54
44'% May
107% Jun
Jan
16
30
15%
Apr
24
Jan
Jan
16
3934 Mar
46
% Jan
44.
29
,71% Feb
7 64
34
1534 Nov
41
May
142
Apr
152%
Dec
Apr
169
Dec
11
Feb
10
147.
9
U Feb
.r
.
34
2
18% Feb
10'% Feb
2
Jan
51,
.
7
,.
30
Feb
10
117*
Jan
21
43
Jan
4
51-
Oct
•
Jan
%
Sep
Jan
34%
Dec
1434
10
834 Jan ...7
25'% Jan.11
61
Dec
22
Feb1
44
4
Oct
July
64'/a Feb
7 Jan
5
Oct
12
10
V. % Jan
1%
77/1
60 "a
15% Feb
151
Apr
3434 May
5
176
41
34 May
7/
11
Feb
20
11
Apr
2434 Jan
i
31V Jan .,7
1
13% May
y
Mar
116
59% Jan. 15
Jan
/Cl:,7 Mar
37% Apr
167% Jan
116
30 Va Aug
3234 Dec
Aug
11
150 7 Jan; 12
15% Jan
Apr
%
29
68
1434 Jan; 23
••
Dec
Jan
.3% Jan
6
.
% Jan
Oct
Jun
29%
51% Jan
•.
4
13ft Jan
29
114
54% Feb
107
2
Jan
Jan
33% Feb
3534 Jan
5
4
14%
May
'
Jan
4% July
1Jan
99
21
32
2
' Jank 8
3
109% Jan 27
13
7; Jan.
-
Dec
Jun
2034
Jan
IVA
19
112%
Jun
Mar
Jan
30
May
11'/a Mar
26
Dec
116% July
42
Dec
Jan
22
Jan
22
50
July
55
Jan
.100
2
57% Feb
2
55
Sep
60
Nov
: —5
24
Jan
7
25% Feb
10
25'/a
7
Jan
25;
-100
—1
-lNo par
1
Jan
2%
Jan
40 Va
Oct
11034 May
117 %
Dec
Jan
21 %
Nov
3134
Jan
2% Jtan
4 Is Feb
11
5
47.% Feb
11
Jan
15
117% Jan
7
20% Jan
.
4
Jan
116
pfd7_ TOO
——
18% May
39
No par
—25
preferred-—
Vulcan DetinningiCo——— -100
10
17434
4%
159
57% Feb
77 6%•'
•
May
8
Jan*15
<
56
6 %
Va Iron Coal jSr, Coke 5
5
.4
13
42% Jan
div partic preferred-^-—; TOO
Vft El':& POW;$6-pref—Ll---No par
100
6
16
Jan
40 % May
Jan
8
21 Vj Jan.
—; TOO
5%
preferred —
—
"Victor Chemical Works—
2,100
:
--
-
138
23
774.
:
92
138
t
-
; Jan;
6% May
'
7% Feb
64
4
112
TOO
Va-Carolina, Chem
20
' '<■
„■
..
Jan;
47% Jan
^5
Raalte. Co Inc_—
7,500
'
.
2934
31
8
Jan
175% Jan
%
643a Jan. 13
par
3,800
22%
2234
31
;
1
118 74
*27%
*774
II
29
25% Jan
TOO
.
Vicks Shreve & Pac Ry—;
^
474
*21%
.
•
■
4774
3134
*2234
10% Feb
12
101
1st pfd—*.100
7 7 7 %'•" 1st preferred—V-—L-:
,
25%
27%
*129
Feb
72%
Jan
6%
Apr
Jan
V 46
Am———No par
Van Noiman Mach Tool—— 2.50
300
.'
„
,
63
*25%
22%
92
Apr
77%
8
-
Jan
Vanadium Corp of
:
'■
54 34
2234
138
2%
.9
29% Jan
Corp—r—_—1
Preferred
1,400
.7
• :'r
;
44
54%
*3034
*83%
Stoikyaids
Vadsco^Salesi——No
150
4,200
,
•
32
117%
*27%
*129
It
Jan.19
32
7
—No par
Co—_7
Universal Pictures
2,600
_
4174
■
4334
73a Feb
90% Feb
29 Va Jan
A_—77——77~—5
V $6 conv preferred_^—-.___No par
Universal-Cyclops Steel Corp—i.—1
Universal Leaf ;Tob—7.—_No par
770
'
3'/a
1134- Apr
2% Sep
2
Jan
108
>.*' 78 ^77preferr-ed_^7'l777i77r——7-10d'
J
u
■
18 3«
30
%1'
■
175%
41%
'18%
10
29
•;
175
42
1874
1034
29
:;-V;
42
18
1034
117 "2
4134
42
*50
93% Mar
7
United Stores class
5,400
pi
'
*116
9
.3
10
Nov
35
Jun
6
*-
Jan
1; 13% Jan*
*pr6ferred—7.7.—7.1..7-1-23.
7%
•
*116
3'/a
Dec
33 a
48% /Jun
43'a Feb
4
*
6 00
73
:
^v''v,
15%
*151
176
17434
43
•
,
4
■
•
*28
22
120% Feb
30
——100
1st preferred-^-
8 %
120
;
'-
■
65
*15
64%
6434
64%
30
974
10%
2834
2 8'/a
Jan
8%
50
Jun
105% Ft, j
40
-
steel Corpi—7—1.77—-No par
Preferred __77—100
i,6oo
.
,
• •
2,900
m
,
V«
*64
■■'V.
15 Va
1534
15%
*151
—•'•
17%
18
1774
'
34"
•
43%
42
'
173'
173
253#
6% Jan
5% Jan
■
174%
*171
16
4
9% Jan
173
U S
29,300
274,/'-/"
■174 ://:
274
1
64....
6334
6334
*105'/a
£
16
21\
Dec
Oct
Apr
6
r
18
7
Jan
v
Feb
Jan
4
Jan
3 Vs Jan
64%
69
.
4%
Dec
20
134 Apr
33% Aug
334 Mar
11
Oct
58%
Jtily
Jan
.
113
May
2
5% Jan
'4% Jan
&
Oct
17
Jan
11
11
:
,
>
10
5% Feb
47% Feb
6
■
4.10
Co.—:
U S SmeltingjRef & Min_7—-50
%* Preferred „7__—-———-_50
47%
234
Rubber
7
1,400
"
13«
*15
U S
1,300
■
115
24
234.
*63
15%
623a
62%
."
/■;'
*64 '•;/
1534
*15
8% Feb
7
4
28
1U S Realty & Impt——No par
7.
51%
•
114%
115%
114%
:.
51
51%
51 Va
51%
70
*67
70
*2%
.-•T
64
*150%
4
7
163k Jan
pat
pat
7100
preferred———
77
'
64
11
29
4
103
7
100
U S
17,900
54%
53
*1
234
2%
1
1%
17. Feb
213a Jan
12
i.
& Foundry—.77——20
Playing Card Co—7
i_10
7,500
29%
,
24%
24
24%
44
.
47%
*1
107.
114%
115
2
5
:
•
633b Jan-11
Corp.
100
-
1%
28%
1%
29 ya
■
Mach
5
5 % % conv preferred-—,———50
S Industrial Alcohol——No-par
'
106%
1%.
28%
50 %
50%
50%
16
5 % Jan
U S Pipe
2,700
33
*33
'
Hoffman
?
400
31%
33
33
..
';
No par
—20
preferred.
Partic-& conv cl A——..No
3,300
7.'
31%
31%
"
,
112
*108
112
31%
.
15%
15%
15%
*108
34%
U S
4,700
40
15%
15%
112
*33%
106%
67%
71
3
26 Via Jan
v
Paperboard.
—7... —10
Secur..—.—No par
—No par
Freight Co—
,*7; 7%
60
31%
31%
."• 4%
=
:
7%
7%
7%
40
31%
*33%
28%
106%
*52
37
20 Va Feb
7
s
7% Jan
i
1st preferred
U S Gypsum Co
3,500
%V;.
177
*174%
U S
3,700
f
62%
62%
62%
175
7
1074,
10%
10
10
31%
1%
28%i
54
58% Jan 7.7
16
2% Jan
'
*52%
10434 Mar
B7%:
4
2
^
38 Va Jan
U S & Foreign
4
4%
4%
*90
20,700
Dec
21
€
5
No par
—
Feb
Jan
hh Jan
5
Feb
30
2034
17% Jan
;
89
81%
y3634 Jan
10434
No par
Cos..
7%' Jun
Apr
109% Jan
.7-7-———100
Coal
23
7% -Apr
934 Mar
18% Jan
*
19%.
61%
31 Va
1%
1%
29%
;
Electric
21%' Aug
2
11
par
Eng & Fdy_
United Fruit Co
Jun
9
2
10
55% / Jan
—.——5
:
—10
74'%
Feb
22
par
United
,h,3,500
175
34
*32 %
34%
United
700
,
19%
10%
34%
*32 »4
*33%
28%
15%
31%
31 Va
31%
*3%
*109
112
32
Corp
—U
107%
40
31%
15%
15%
*109%
Preferred
Nqv
Jan
J-No
Inc_l-i_
Drug
United Dyewood
6%
61
*38
4%
4%
4%
16
110%
*109
United
300
Dec
85%
17% Feb
112 7 Jan
7
Jan
„rNo
Corporation
preferred-..—
163#
Jan
20 V8 Feb
167
par
__No
Co—
United^Carr. Fast Corp—— ]
19%
177
7%
31%
31%
31 %
31%
•9%
60
40
*38
40
*38
Carbon
Jan
May
,
8
93% Jan
par
.77-77100
preferred-—
■
Dec
17% Jan .20
5
__No
Co
10
46,
63;'/4
9.
27% Feb
85
8
25% Jan 7 6
:
TVs
30% Feb
6
79% Jan
24% Jan
«
,.—100
preferred—
Biscuit
*106%
6 %
7%
7
6%
6%
conv
•
1
—No :par
Carj.."
6%
4%
*175
177
*175
15% Jan
30% Jan 7 2
A
——100
preferred—
107%
19%
90%
9%
60%
59
59%
177
11
8
Jan
r-'yi"
9%
9%
9%
59
*175
17% Feb
85% Feb
6%
19%
6%
.
8
*106%
106%.
90%
%
90
90
,91
4
4
3%
3%
3%
6
*89%
19%
108
6%
6%
6
106%
100% Mar
'■
67%
6%
10
United
V: 2,200
V
,
27%
66
20
110% Feb
1,100
67%
106%
2
$3
6
66'4
6
105% Jan
5 %
■
*
5%
19%
'/a Nov
100
.19,500
5 Va
5%
*106
113
United
,
8%
4%
44%
6%
May
.9,400
1
8%
5%
20%
108
5%
100
%
19%
44%
107%
2
90,800
%
20%
20
*27%
6%
Feb
United
2,300
A"
21
*20%
21
*20 Va
5%
20
115
Un Air Lines Transport— ;
"
*42%
*106
5
-25
20
111%
*110
111
xlll
5%
•
Jan
"
4%
44
113
7
1,000
96
'
6
Dec
$5 pfd_ —No par
No par
Preferred. $4.50 series
of Mo
United; Aircraft Corp.777.4- —.7—5
71,300
5%
*43
43 %
83
Union Pacific RR Co—.
28,700
;
Jan
Apr
Union Gil of California
9,300
29%
29%
x95%
8 Va
•:
7,7 9%
58
Union Tank
20 Va
U
8%
Sep
4
7*4%.
97
20
9
8234 Jan
400
30%
21
9% Feb
13
500
19%
19%
2
Jan
Fisher Co— —No
"
97
57%
11
Jan
79
*
.
27
29%
Xl6%
46% Feb
;78
4,500
19%
16%
42
par
par
7
84%
84%
84%
27 Va
27%
7-
<
v;3,800
17%
85%
85%
85
*84
220
".
97
*20%
19%
4%
4'4
*5%
17%
%
19%
7%
43%
17%
1
19%
4'4
1
111%
.
112
57%
21
110%
*110
par
No
Carb—_ __No
Union El Co
29%
,
*111
t'li'
%
19%
110;%
17%
85
29%
57%
*56%
116
27%
97
112
*111
112
*111
84%
*27
V;
*113%
80%
*113%
85%
85
84%
*84
'
80%
116
80%
80%
116
110
17%
17%
9%
81
14
25% Jan
25
14
27
29% Feb
22 %
Jan
14
11
24
Apr
29 Va Jan
2
32
Feb
11
26
May
,.80
Jan
8
83% Jan
21
70
Jun
133
Jan
26
Feb
11
120
Mar
138
7
8% Jan
29
Feb
10
634 May
1634 May
25
29% Feb
5
21% July
8% Jan
J9
.
Jan
6
19'% Jan
5
138
X23
2934
Oct
Oct
96% Mar
Jan
10% Mar
.
Apr
W
2.9
8
8
7%
8
8
8
77b
8
*21%
21%
217ft
21%
*21%
22
22
22
*102%
104%
*102%
104%
*102%
103
103
103
For
footnotes
see
page
615.
8
*21%
*102
8
22
103%
-
—
6,400
2,100
200
100
preferred-—100
Waldorf System
———No par
Walgreen Co
No par
r
4% ft preferred with warr—100
Wabash RR
24% Jan
4
-.7% Jan
5
2034 Jan
2
22.
Feb,10
103
103
Jan
,
23
Feb 10
3034
Jan
7%
Nov
16
Apr
20 %
Nov
97%
Jun
102%
Oct
6% Mar
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
NEW YORK STOCK
Monday
Feb. 0
I per
Tuesday
Feb. 8
Saturday
Feb. 9
t per
shars
5%
5%
42%
41%
*16>/a
16%
16%
6%
*5%
6 V4
6 %
6
"1%
1V2
1%
31%
31%
87/a
31%
17%
*
*19%
19%
*70
71 %
59
.
76
65
►
15
15
15
19%
20
20%
20% '
3%
19%
*3%
3%
*3'%
19 Va
19%
19%
71%
71%
-71%
*71%
3 %
9%
10
9%
.
59
60%
•
76 :'V:
76%
65
65%
10
1% Feb
11
Jan
20
$7
*58
61
66%
4
15% Feb
par
2% Jan
8
Wesson Oil & Snowth-ift„—~No par
17% Jan
105%.
30%
30%
31%
30%
18%
18%
18%
18% -19%
87%
*2%
*6%
32%
31%
32%
16,700
19%
Xl8%
19%
>■ ; 7,900
89'A
88'A
*122%
33 %
33.
33%
27%
26%
26%
27%
2.7%
;:107% 107%
•V; *107%
107%
107%
27%
,'.*107%
107%
*26%
50
*41
50
*41
92
*86
91
*86
20'A
19%
19%.
62% "
62%
i6%
89
j
62%
*16%
30
1
"■900
50
*41
50
*86
91
*86
'20%
19%
V
62%
62%
62%
■*;
16%
16%
16%
19%
19%
20
•
62%
'16%
16%
17%
17%
4%
4%
3%
3%
.
17%'
17%
4%
5
;
■3%
*3%
*42
50
*21.'
21'A
*2%
3%
9%
3'/a
*42
•
.21 %
*2%
4
:
/ 3%
9%
50
21%
2%
i
3%
*42 %
■!
*4% ;
4%.
*3%
:
''
''
17%
4%
-
■■
3%
21%
>
2%
MV
$4.50
30
:j.
*21'%
■
V
--22 1
•: '-2%.
2%
-
3%
v
3%
"4'/a
9%
5:
9%
9%
*2%
3%
9%
9%
2,500
5%
66%
■66 %
9%
9%
5%
*66%
...
*114%
66%
I''': 9%
5% V
5%
9%
•V-Vv
66%
5%
66%
.
'
*115
,,
221.'
■
33
19%
33%
18%
*110
33%
18%
18%
123
*101
*110
125
19%
19%
•
33%
*102
X33
18%
-*110
125
20
33%
>•-
18%
120
"
20
'
33%
.18'A
*103
*110
"j
*103
125
*110
19%
112
120
r-
*103
112
*46%
*46%
47
*9
*47
■49
'■/
*90
88
88
■
*47%
*88
452%
*62%
*24
'
*62%
47
62%
24%
24
24
16
15%
*123% 124
>123%
124
9%
9%
A
'47%,
>:: •48%
90
:
123%
v-
31%
32
31%
84%
84%
84%
11%
11%
11%
11%
11%
23%
23%
23
23
X31%
11%
49
;
i
66% Feb
11
36
Apr
93
Jan
109
Jan
8
113 Va Feb
1
102
May
11% Jan
5
14% Jan
19
103
Jan
5
19
Jan
2
2% Jan
105
Jan
10% Sep
97
Sep
12% May
15
20% Feb
'
113 Va
4
-18
104%
20
Jan
Feb
Jan
Dec
Jan
8%
Jan
2
Sep
26% Jan
7
32% Feb
10
23% Feb
30
Oct
—No par
15% Jan
4
19% Feb
10
13% May
19%
Feb
Jan
'
81
Jan
2
89% Jan
30
Apr
83
Dec
120
Jan
5
123% Jan
18
109
Aug
127
Jan
31
Jan
12
,33 % Feb
11
23
Apr
32%. Dec
No par
26% Jan
4
27% Jan 26
22
Mar
31 %•■ Jan
—No par
106% Jan
15
108
Jan
2
9
89
Jan
18
2
_-12,50
•
63%
100% Jun
100
42%
85
Jan
18
Jan
108%
Oct
Dec
50
Apr
July
80
93
Jan
17%
Dec
27%
Feb
58%
Dec
69%
Jan
11
12% July
15 Va
Dec
1
T: 13% Jan
2
17% Feb
12
Jun
15%
Jan
3% Jan
5
5
Feb
6
3
Mar
5'%
Nov
2% Jan
8
3% Feb
9
1%
Apr
3 Va
Jan
15
40
Jan
15
Jan
19
21% Jan
7
May
15Va Apr
53
X20% Jan
2 2'A
Jan
Dec
.—No par
>-
V 58% Jan
.No .par
(The S S)
24%
124%
15
20
:$4 conv preferred
,
No par
preferred—
40
20
—
1
'
'
•"
'
'
••••>-'.
••
,1.
>
-
| 700
^8,500
| 390
125 j- 125;:.
19% '•110
2%
Oct
10
4%
Apr
8'A
Dec
2
6
Feb
11
3%
Sep
6%
Jan
68% Feb
11
Jan
2,100
32%
31%
32%
11,200
85%
85%
j
57 % Jan
9
Co
.—10
—
preferred B
11%
11%
11%
i
3,500
23%
24%
24%
25
•2%
2%
4
8
107%
Jun
110%
20
Feb
9
16%
Dec
33%.Jan
29
18% Feb
10
110% "Feb 11
2
.
.
24
Oct
21% May
14% Jun
31
21%
Jan
Dec
Jan
Nov
125
July
106
Nov
117
Mar
series
54
Jan
57%
Jan
9
47
Feb
2
42%
oun
46
Jan
9
48
Jan
30
44
Jun
par
88
Jan
15
92
Jan
18
80
Jun
104
Jan
par
58VaJan
4
63% Feb
11
39
Apr
62
Jan
44% Jan
-^.100
:
—_No
(Del)
No
—35
Co—L
Yellow Truck & Coach cl B
21% Jan
1
Preferred
25
13
12% Jan
12
No par
7% Jan
Feb
16% Feb
2
118% Jan
,
100
Young Spring & Wire
Youngstown S & T
t5%%
73%
Jan
,
—100
;
Towne Mfg.
Sep
115
9
Jan,
117
pfd 4 % % Conv series^—100
81
51
8
-
27
Jan
16% Jan ,20
-par
pfd 4% %
Yale
1%
;_100
—
(Wm) 3r
3
,
'
•
Prior
350
11%
2
30% Jan
(F W)
preferred A
Wrigley
V
Apr
l3'a Aug
2%
11
9% Feb
115
Prior
__
11
'4% Feb
6
4% Jan
pfd—JlOO
•
Feb
2
Jan
2% Jan
8
-10
0%
Wright Aeronautical
■■'■■■'." i-
Jan
'
No par
Pow
i
40
2'/a Jan
5
17% Jan
'
16%
5
'
"Worthihgtori P & M (Del)—No
2,500
85.
.85
84%
2
Wool worth
•8,000
2%
.
Jan
Woodward Tfon Co_l_————10
23%
.
Jan
57
21
/
16%
.,
Jan
104
3%
$6 preferred
1,400
.'63%•"*'/
125!
91
% Apr
Apr
Va May
prior pre!——
Wisconsin El
v
•
63%
9% A- 9%
32%
:.32%
' 84%
,
Apr
41
% May
6%
16%
'
34
10
4
Wilson-Jones Co
--
9o;-f;V"
■'Si
9
78% Feb
10
.
48 %
*47 c* "
59 Va Feb
4
2
"7%
25
16','e
9%
9%
32
A
*46
«
62% '-'63
-
123% 123 %
/
...
-
4
67% Jan
16% Feb
j
v,
89%
'90'
24%
*84
:
,
.*47
24%
16%
15% :
9%
9%,
V
49
90
*24
■
.
>
! -62%'* 62%
16
f
15%
*46
47
■
*47%
■*88
Nov
50'/a Jan
20% Feb
'
48
10%
63% Jan
900
! 1,900
32%
18%
120
7% Aug
"
Willys-Ofefland Motors—
1
6 % conv preferred—-10
Wilson•& Co' Inc—i—w—No par
•
33'A '-"-:
18% A18%' V
33%
'
18%
120
-
11
1
Wilcox Oil & Gas Co—,
[5,500
%
•10%
-
Nov
10% Feb
5
Steel Corp
conv
Prior
18,500
■68 %■
19%
x71%
4
26
42,000
\.
*115
20
15
May
59% May
5
200
.
19%
9
2% Feb
[1,900
4%
9%
9%
11
71 % Feb
14
;
"
19%
July
20% Jan
7% Feb
White Motor" Co____
11,100
1
3:.';
68.%
,,,
3
Jan
$5
3,700
5% j. 6
9%
Jan
3
•White Dental Mfg
11,300
:
4 V1
r ■;
1%
"
4%
*9% ■;
67%
9
*115
2
Feb
White Rock "Min Spr Co—No par
White Sewing Mach Cor.p-.——_1
400
50
•
,'.\2%
5%
-67 •>
'V
9%
*9%
,*115
5%
Oct
Nov
19
20% Jan
preferred——— -100
conv
Wheeling
,360
'
5%
14
18
v
f
•3%
*21%
•
...
,
2%
Jan
2
preferred
5%%
17%
'
*42 :
,
Jun
2
Wheeling & L Erie Ry Co
16%
.V.: 3%
50
13 %
12
U% Jan
8
Westvaco Chlor Prod
600
62%
4%
3%
*42
•21%
4%
'
-3%
9
,
-50
,
•
Jan
l'/a Jan
Elec' Instrument
Weston
'•?
20
,
17%
17%
'
39 Va
4
par
Westinghoiise El & Mfg—
—50
1st
preferred—
——50
■■91
*16 Va
Oct
Oct
'
}
107%
*41
91
*62'A
16%
Dec
5% Jan
Westinghouse Air Brake
7,200
J
124%
50
,
Nov
8%
80%
Telegraph——100
Union
r
17%
A—No
class
Western
900
:
124%
El
! 3,000
6%
2
Penn
'
27%
29%
8% Jan
preferred
100
Western Auto Supply Co.
U--10
Western Maryland-*;-:
:100
4% 2d preferred-.
-100
Western Pacific 6% preferred—100
;
2%
•'
2
88%
.
Feb
21
Sugar Corp.———1
6 %
1,900
*32%
88%
33 %
•
Nov
Jan
69
No par
preferred—^^———-100
6% preferred
—100
West Penn Pr Co 4 %% pfd_—_100
West Va Pulp & Pap Co
.No par
19
123
122%
*39
32%
—No
■/I'- 7 %
'
20
2%.
Indies
West
120
410
•
3,100
*1221/2
124%
Eisenlohr—
West
31%
31%
83
88%
*122%
-19%
2%
Co_
$4 conv preferred-,.,.
*103%- 105%
6%
'
100
210
*103%
2%
Webster
11,400
V:
14%
2
Lt
Nov
1
24%
11
100
20% Feb
3% Feb
Gas
Oct
6
.
Apr
May
4'A
1
5
I
13%
;
16
x65
17% Feb 110
4
113%
2%
2
Wayne Pump Co——
170
14
2%
31% Feb
17% Jan
/
*113
19%
18
12% Jan
66%
14%
20'
27% Jan
Jun
16%
% May
9
15 Va Jan
/:/
113%
20
_No "par
No par
Fdy & Pipe
2%
10
——1
-
„
14
20
23
Feb
9% Feb
Waukesha Motor Co——„_5
/I
77
*113
105
Jan
35
Washington
7,700
13%
*19%
83
700
;
113%
*103%
11
800
10%
76%
;68
79% Jan
26
50
•; v<
19%
10
'-78%
7
par
Pictures
preferred
1,900
.
74
13%
105
32%:
19%
59%
77
7% Jan
No
preferred
Bros
13% Mar
•
*70'/«
10%
par
;
V'
—•'
3%
112%
*85
<
7% Feb
4
No
;
113%
*41
*
19%
*66
.;
3%
74
*6'A
107% '107'/»
;
i; 3%
58%,
'
76
66%
:
17%
10
59'/a
.
6%
20
5
% Jan
preferred
B
v
>
.
15
2 '/a
*62
4% Jan
Class
Warren
2%
; *16%
Baking Co cl A——No par
Ward
200
2
.
11
V
*6
.
16% Feb
x30%
30%.
"*17%" 18
v
89
4
30%1
6%
124%
15% Jan
31
2%
89
Nov
„_jVo par
Div redeem
*30%
2%
*32% ',153'/a
V 27%
27%
41'A
$3.85
2%
18%
Apr
Warner
*6
30%
Nov
31%
10
17%
,
5 "4
5
4,200
19 %
19%
2'/a
Apr
42% Feb
48,200
14%
*103
7
3%
12
9%
13%
2%
11
38% Jan
81%
17%
112%
-
6 "A Feb
No par
9%
*30%
share
2
Good & W Ltd-
(H)
*80%
17%
2%
2%
34%
t per
Walk
9%
14%
76
•20
*6
v.J
7,400
19%
*65
104
*122,.
3,400
1%
35
Highest
share
per
4% Jan
80%
'
"...
6%
1%
i
par
9%
17%
*59%
V'.".
•
113%
20
6%
1%
35
t per share
No
80%
9%
113 'A
*102%
7%
1%
'■
13%
200
t per share
Co_
9'A
19%'.';
65
113%
16'%
Year
Lowest
Highest
Walworth
80%
15
*71
-59
*75
16%
19%
9%
.
3,000
*
4
9%
18,000
42%
16%
34%
Lowest
Par
31
14%
■
19%
V
1%
shar«
42%
6%
Range Since January 1
,
Shares
6%
19%
15
3%
16%
6
4 pei
EXCHANGE
9
*17%
17%
19%
42%
6
shnrn
Range for Previous
YORK STOCK
NEW
*80
31
*14 %
42%
35
33
9
*80
*31
5%
* per
Sales for
the Week
80%
8%
80%
shar*
per
57/8
7
1%
1%
33
31%
9'/a
*80
.
16%
*16
S
Friday
Feb. 13
Feb. It
16%
42
Thursday
Feb. 10
42 %
42
,
STOCKS
Wednesday
shar*
per
5%
5%
5%
41%
J
shar*
RECORD
HIGH SALE PRICES
LOW AND
615
125
Jan
10
Feb
4
15%
10
Jan
23%
Oct
10
10%
Apr
14'A
Nov
30
111%
Jan
121'a
Dec
Nov
5
11
Apr
7Te
.No par
30
Jan
6
x32% Feb
10
28%
Jun
37%
100
82
Jan
4
85% Feb
11
78
Jan
87
Oct
9 Va Jan
2
11% Feb
5
7
May
12%
Jan
19% Jan
12
25
Feb
11
8%
2
3
Feb
11
l
preferred series A
Youngstown Steel Door
No par
,
Jan
Wmz
•
2%
2%
♦Bid
reduced
23s
2%
2%
and asked
from
100
2%
prices; no sales on this
10
to
shares.
V
day.
»
:
iln receivership,
2%
a
-
'
3
Zenith Radio Corp
4,000
13,000
Deferred delivery.
n
New Stock;
'
rCash sale,
Stocks,
v
Number of
Week Ended Feb. 12,1943
and Miscel.
Foreign
Bonds
Bonds
>
Shares
.
Saturday———
Monday-Tuesday
1 '
—
-i—
—
Friday
-
1.408,170
—
—-w.
—
Total
." 727,160
—*
t
Bond
Bonds
$95,000
199,000
Ex-rights.
H Called for redemption,
,
Week Ended Feb. 12,1943
Sales
$11,000
Saturday
8,200.000
234,000
C.000
12.885.000
$449,000
158,520
532,000
588,000
35,000
328,310
849,000
3,000
$46,145,800
Jan. 1 to Feb. 12
1942
5,055,044
1943
2,002,850
Government
i'»
Railroad
&
-
;
1,184,820
,
$3,143,000
=•;
■
Stocks—No.
17.074,135
of
$182,000
$324,700
1.590,000
855,000
$89,000
$3,000
$3,235,000
•
1943
1942
Jan. 1 to Feb. 12
1943
1942
14,588,500
1,184,820
341,605
5,855,976
2,828,985
$3,143,000
$2,861.DOO
$24,726,000
$22,160,000
89,000
62.000
1,065,000
533,000
3,000
9.000
26,000
203,000
—$3,235,000
$2,932,000
$25,817,000
$22,896,000
shares.
Bonds
■,
$37,000
625,000
760,000
$3,000
1942
.
27,723,406
1,179.000
536,000
;
—
HOLIDAY
Total.
"
S.
Foreign-
Total
$459,000
37,000
725,000
Friday
$37,000
Foreign
Corporate
4,000
220,205
357,860
Thursday
Bonds
U.
t Unit of trading
$10,000
Tuesday*.—.
HOLIDAY
$1,179,000
Government
Wednesday.
9.930,700
—
119,925
Monday j
9,870.400
20,000
263.000
1943
shares
Dec
Jan
Exchange
Foreign
Domestic
Week Ended Feb. 12
of
2%
Bonds (Par Value)
of
Shares)
$5,259,700
—
Week Ended Feb.. 12
Stocks—No.
20
Daily, Weekly and Yearly |
/
(Number
\
'388,000
$44,929,800
|
Total
Government
$5,164,700
'
5,055,044
—
UrJted States
'
7.990,000
9.630,400
12,477,000
>9,667,700
;
1,495.420
•„;
Thursday
500,250
924,044
Wednesday
y
Feb
'/a May
Stocks
Railroad
■
x Ex-dividends,
Jan
Transactions ai the New York Curb
Exchange
Daily, Weekly and Yeariy
•
Special sales,
s
2
1
;
Transactions ai the New York Stock
•
No par
Zonlte Products Cotp_.
$1,481,000
:
Foreign government
V
Domestic
16.818,000
—
•"
i.—^
industrial
Total
—
•
44,929,800
$46,145,800
32.737.000
$34,509,0J)0
392,594,100
269.356.000
$407,507,300
$287,655,000
Foreign corporate
listed
on
are
the.
,J.
u.
,
Averages
daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled
by Dow, Jones & Cor.
-T.;
-Stocks-
-Bonds—
10
30
20
Date—
Total
mm-
«5
roads
"ties
29.08
trials
15
Rail- >
Indus¬
16.40
£2.07
10
10
-
Stocks
First
Indus-
Grade
Grade
Utili¬
40
trials
Rails
Rails
ties
vBonds
6
125.81
February
8
125.57
29.06
16.36
42.00
106.89
96.10
February
9
126^30
59,11
16.40
42.19
107.08
96.84
February
:
—
Total-;.
Stock and Bond
Below
———
—
107.00
96.11
Second
10
Total
11.0.25
92.37
56.06
110.26
92.33
56.18
110.20
92.45
56.11
February 10—
127.01.
:
29.26
16.65
42.46
107.14
96.55
56,54
110.20
92.61
February 11——"
127.09
/
29.08
16.76
32.45
107.19
96.90
56.41
110.25
92.69
February 12
.
HOLIDAY
HOLIDAY
..1
THE COMMERCIAL &
FRIDAY
NOTICE-rPrices
The italic letters in the
Last
L'ow
.
S.
U.
:
1947-1952
1944-1954
3%s__.
1946-1956
3%—1943-1947
3%s
1943-1945
3%s„.
^.1944-1946
3%s__
1946-1949
3 %s_
1949-1952.
3s__
1946-1948
3s
i
____1951-1955
Tret
I
.ry
Tree i try
Treasury
Treasury
Treasury
Treasury
1955-1960
1945-1947
__„_1948-1951
1951-1954
1956-1959
23/4s
._1958-1963
2%s
1
1960-1965
2 %s__„__.-—^-.—1945
2 % s_,_-.-——-„1948
2%s
1,__„_1949-1953
2% si
A-:—-—1950-1952
2Vis
——1952-1954
2%s
._1956-1958
2Vis ———1962-1967
2Vis ———1963-1968
2Vis
.1967-1972
2 Vis—;
1951-1953
2Vis
—1952-1955
2Vis
A
—1954-1956
2s_—
——-——1947
2s
Mar 15 1948-1950
2s
Dec 15 1948-1950
2s
;
__Jun 15 1949-1951
2s
Sept 15 1949-1951
2s—
Dec. 15, 1949-1951
2s
——1950-1952
2s
i
1951-1955
2s
.—1953-1955
l3/4s__—u,..__June 15 1948
Treasury
2%s
Treasury 23/4s
Treasury 23/4s
Treasury 23/4s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
_
Treasury
Treasury
—
Treasury
Treasury
Treasury
.
Treasury
Treasury
Treasury
—
Treasury
Treasury
Treasury
.
Treasury
Treasury
Federal
101.27
101.31
103.2
106.30
M-S
*109.16 109.18
*104.25 104.27
104,22
!'M-S
A6s
-T
106.8
*106.6
-
^106*.
T06>
*104.5
M-3
*103.24 103.26
J-D
100.19 100.19
104.7
100.31
J-D
v
*105.6
*104.7
104.9
M-S
*103,31 104.1
100.28 100.28
M
series
*103.15 103.17
*100.17 100.19
100.9
100.13
5Vis
.
*102.22 102.24
*102.23 102.24
*101.12
J-D
City
102.27
—
ctfs
8s
.-1969
(Republic of)
dep_i—1948
7s__
3
106%
30%
35
11
47%
58%
T_', :
*35
•
1031/4
17
103% 104
113%
■
«?32
Z
ty'\
55%
48%
_
56
53%
j-j
72%
53%
48
?8
49
6
6
54%
42%
■
74%
72
72
.
-
51%
69%
v.*
-
,
45
A-0
.
'
75%.
M-S
*75%
r a-o
10
75%
72
•
72,
■
/J
75'/4
.,/ 75%
A-O
/
j-J
*19
j-J
v
1967
v
%
*21%
M-S
J-D'
*94
21
20
.
18%
,18%
—
104
,
99
95
99
*96
*96
,
Government—
part paid.:
-
A 6s
4
104
112% 113%
A-0
-1969
of
A7s
J-D
113%
A-O
'
1961
(Republic) extl 6s„—
-1945
Republic 7s stamped.
—1949
unstamped
1949
7s
-
Corporate Stock—1980
105% 106%
j-d
French
102.27
101.14
Transit Unification Issue—
3%
1
102.28 102.28
Greek
York
New
1st series—1—1
Salvador
A Estonia
_J;
5Vis—1940
fund
5'is 2d series—.
A El
"*102.26 102.28
sink
79%
.15
*75%
series
101'%
79%
78
A-0
§A2d
21%
,
102% ,103
*102%
*75%
Customs Admin 5 Vis 2d series
19.
101%
--105% 105%
M-S
103.16
"
Jlf-N.
,
46
39
20: %
105%
A-O
*100.16 100.18
ft-a
'
—
1
,
30%
48
.
1962
*100.19 100.20
103.16
47 Va
•
32
30%
14
j-j
—1945
External gold 4Vis_—
41%
40
v
*101
5ADominican Rep Cust Ad 5Vis—1942
§ Alst series 5 Vis of 1926
.—1940
I_
40
=
F-A
5Vis_
54%
-30%
*100% 102
—
/
,
v
?
«'
;
52
38%
.1
17
45
-1—1955
"
M-N
_
,
F-A
5Vis
17%
55
—
45
*18 V'a
.
j-d
11953
Finland
—____1944-1952
„___1945-1947
series A__—
IVis
M-N
—1977
gold
19%
52
41
47Vi
45
M-N
debt
wks
18%
•:16%
,
54 Va
"30%
f-a
External
*100.22 100.24
J-D
1953
7s
(Rep of) 8s ser A-1951
ASinking fund 8s series B——1952
*100.28 100.30
J-D
56
40%
.
V M-3
external
17%
17%,
54%-
.
j-d
—1951
——
5s of
::
§ADenmark 20-year extl 6s_——1942
*100.24 100.26
J-D
J-J
V F-A
A Czechoslovakia
M-S
M-3
V
1904—1944
*
J-J
J-D
1961
5s——u—1952
(Republic of)
APublic
*101.22 101.24
J-D
101.25
105.8
J-D
101.25
25
2.
•*30%
(Rep of)
21
17%. 21/
..
'
Sinking fund 5'/as.
-
101.25 101.25
J-J
17%
■:*54
v
M-N
(City)
21
1
A-0
1961
4Vis
100.21
100.28
17 Vi
*30%
Rica
21
*16
External 5s of 1914 series A—1949
External loan 4Vis—1949
100.13. 100.21
>100.17
A
A-0
Cuba
100.28 100.28
*104.31 105
18
16%
'
A-O
ACosta
,100.17 100.18
J-D
M-S
J-D
18
i
J-D
Jan
bonds-—-
25-vear gold 4%s
M-S
18
-1970
Copenhagen
*106.16 106.18
M-S
f $
.4
Mtge Bank 6Vis
—1947
ASinking fund 7s of 1926—_iJ1946
ASinking fund 7s of 1927J-1—-1947
s
17
; 17%
;
,
:
1927—
external
20%
20%
18%
18
18'A
M-S
Oct
:
22
„
17
17 Vi
M-N
AColomoia
••*106.16 106.18
J-D
of
3s
20
'
M-S
1928
18'/*
,191/a
.4*18%
M-N
1;
u
21
17
^1951
(Republic of)—
of
:
,
r'.
17
•17%
M-S
5s_
High
*18%
18
,_1960
^
January 1
Low
—
17
*18%
v
1960
Colombia
*104.17 104.19
J-D ;
6s->——1962
assented—
A6s
109.8
109.8
J-D
A-0
—.^—1962
(Hukuang Ry)
*108.21 108.23
J-D
A-0
1961
AChinese
108T5
10fU5
*108.19 108.20
•
A 7s
104.26
,107.10
j-d
1961
AChilean Cons Munlc 7s
108,7
"108.5
J-D
110.11
109.10
107.6
107.10 107.10
M-S
:
110.11
109.9
j-d
1961
_i
6s
*18%
.
j-d
1961
fund 6%s—
assented
A6s
j-d r
1957
19%,.
18 %
19V4
M-N
1963
.
AGuaranteed sink fund
v.
110.10
M-S
a
Range Since
Sold
;/ no.
High
Low
M-N
1963
A6s assented
*106.18 105.20
*110.7
assented
Bonds
Thursday's
or
Sale Price Bid & Asked
Period
V'as assented-
AGuaranteed sink fund
*110.14 110.17
M-S
Last
Interest
(Continued)—.
sinking fund 6s
>
,
Thursday Week's Range
;
yi
A63/4s assented
103.3
106.29
"
A 6
ASinking
Owners' Loan Corp—
Home
3s
:
—
101.1
*102.31 103
J-D
■'
Exchange
Feb.
AChile Mortgage Bank 6Vis——1957
,l.
*106.30 107
'
1944-1964
1944-1949
3 Vis
3s
*101.25 101.26
(Rep)
External
A 6s
106.3
a-o
Corp—
Mortgage
Farm
"101
J-D
..
,
105.28
J-D
-
Treasury
114.1 -114.1
"105.28 105.30
A-0
,
Treasury
*113.30 114
"108.14 108.16
J-D
:
Stock
Ended
////'v/Z
AChile
M-3
A-0
___
Treasury
High
Week
High
Low
No.
J-D
4s
New York
January 1
a
4%s____
Treasury
Treasury
Z
Range Since
Sold
Government
Treasury
<
BONDS
Bonds
Thursday's
or
Sale Price Bid & Asked
Period
Ended Feb. Vi
Week
each case the month when the bonds mature.
Thursday Week's Range
Interest
Exchange
Stock
disregarded in the week's range, unless they are the only transactions of
account is taken of such sales in computing the range for the year.
.: »■
for income and defaulted bonds/ Cash and deferred delivery sales are
regular weekly range are shown in a footnote in the week in tyhich they occur. No
column headed "Interest Period" indicate in
BONDS
New York
YEARLY
-
interest"—except
"and
are
week, and when outside of the
the
WEEKLY
-
Monday, February 15, 1943
FINANCIAL CHRONICLE
part
*17
————-1968
paid
1964
15%
■A
iz '-Hi';
17%
17%
15%
12
16%
12-
,16%
;
*70%
68%,
70
;
Helsingfprs (City), extl 6Vis,
We maintain
an
A-O
*63%
62%
63%
Irish Free State extl s I 5s
I
1952
1960
A-0
1960
M-N
*83
85
85
AJugoslavia (State Mtge Bk) 7s
(Colombia) 6'is
(Provi 4s readjusted
1957
1954
1954
3-D
(Republic)
Haiti
active interest in
f 6s series A
s
AMedellin
Mendoza
Mexican
South American
'
M-N
Q-J
*53%
Q-J
12%
stamped assented
(US) extl 5s of 1899 £
/,
NY
AGtd
sink
1947
sink fund 6s
AGtd
'
AAntioquia
coll 7s A
(Dept)
AExternal
f
s
s
f
s
f 7s series D
AExternal
s
f 7s
—
«...
—
•'
24
16%
16%
j-j
j-j
'
8
15%
16%
8
16%
16 %
16%
16%
j-j
16%
16%
16%
j-j
AExternal sec s f 7s 2d series—1957
AExternal
sec
s
f 7s 3rd
series—1957
(City) external 5s___—1958
(National Government)-—
1948
S f conv loan 4Vis
1971
8 f exti 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
External g 4Vis of 1928
1956
AAntwerp
Z.—•v
16%
a-0
h
16
16%
16
15%
16%
16
16%
9
external 4 V2S
16
16%
2
42%
50
10
External
s
96%
98
External
s
16%
3-D
46
46
M-N
96%
97
M-N
86
86% V/' /■• V: 7
84%
88%
F-A
78%
79%
110
78%
81 %
80
80
80
88
86
88%
24
87%
87%
88%
9
(City)
Brisbane
M-S
s
f 5s
fund gold 6s
(Province of)—
•
:
2
79%
M-N
84
85
97
79
91
97%
97
97
■
94
96%
1
94
83%
22
97
81%
82
96%
-
,
j-j
J-D
A-0
a-0
39%
j-d
'"•'
*96%
98
98%
98'/a
98%
3
41%
42%
27
36%
42%
39%
987/a /Z
20
34
39%
39
39%
15
34
39%
39%
,
v--
98%
42%
39% ■
J-D
39%
5
34%
39%
90
6
87
91%
91
•.«*
83
89%
87
93
"
90
M-s
F-A
—
»
j-d
91
/
Buenos Aires
1959
M-N
84
84
89
93
s
Refunding
s
f 4%-4%s
4%-4%s
External readj
External
3%
s
f 4Vi-43/4s
external
Canada
s
f $ bonds
(Dora of)
M-S
1977
1976
1976
1975
1984
f 4%-4%s
M-S
1960
30-yr 4s
F-A
2Vis
25-year 3 Vis
7-year 2%s__
30-year 3s
3s
30-year
ACarlsbad
A
Chile
A 7s
■
89
Z:
A 6s
A 6s
A 6s
"AExtl sinking fund 6s
A 6s
-
assented
AExternal
74%
48%
52%
108%
A
10m
F-a
101
101%
17
100%
101%
J-J
102% 102%
5
101%
102%
A
J-J
100%
100% 100%
8
100%
100%
J-J
lOO'/a
99% 100'%
35
97%
100%
M-N
100
J-J
*10%
M-N
*19
M-N
a-o
18%
19'%
100%
3
sink
fund 4Vis
sink
fund
4s
sink
—'
'A.
'
18%
19%
16
620.
1962
19
18%
19%
'
•
sink fund 4Vis
(City)
APanama
A
(Rep)
extl s f 5s ser A.1963
1963
Stamped assented 5s
mod 3'/4s ext to
1994
Ext sec ref 3Vis series B
—1967
APernambuco (State of) 7s
1947
APeru (Rep of) external 7s
—1959
ANat loan extl s f 6s 1st ser
1960
ANat Loan extl s f 6s 2d ser
1961
Stamp
JAPoland
A4Vis assented
;
sink fund gold 8s
A4Vis assented
(City of)
8s
AExternal loan 7Vis
14
21%
18%
22%
.—
18%
18%
1
19%
101
M-S
90%
91%
A-O
83%
82%
*82%
F-A
r:
91 '/4
6
85%
91 %
83%
7
77%
83%
85
A
76
80%
:
1,« •'':'
M-N
*70
M-N
74%
75
3-D
*104
M-S
*17%
M-S
70
12
21
.22
75
18%
19%
M-S
14%
14
14%
6
12%
J-D
14%
13%
14%
62
12%
A-0
14%
13%
14%
7
■
16
15%
13
15%
*14%
A-0
*14%
A-O
16
-
A-0
14%
14%
16
23
*23%
A-0
23
12 %
14%
18%
15
19%
J-J
*14%
15%
12%
15
J-D
*19%
21%
17%
21%
17
J-J
19%
M-N
35
19'/a
6
17%
21%
35
J-J
35
3
30
35
r
21%
19%
19%
a-0
24%
24%
1
20
25%
j-d
20%
20%
1
17
22
M-N
21
21%
8
18
227/a
227/a
8s
Sul (State of)—
extl loan of 1921
external sink fund gold
external loan of 1926
Rio Grande do
A 8s
A6s
municipal
loan
sink fund 4s
(City of Brazil) 8s
A6Vis extl secured s f
_*
Fe external
Santa
ASao
Paulo
1946
1968
1960
1967
1964
1952
1957
21%
17%
1
73%
78
26
1
18%
27
22
M-N
22
1
17%
237/a
41
47
__
'
M-N
.
46%
j-j
8s
23%
16%
*»•*
74
j-j
Paulo (State)
external
18%
20
■;
96
26
26
74
M-S
1950
A7s extl water loan
1956
A6s extl dollar loan
1968
5 A Secured s f 7s
—
-1940
Serbs Croats & Slovenes (Kingdom) —
A8s secured external—.
1962
A 7s series B sec extl
1962
A Silesia
(Prov of) extl 7s_—
1958
A4Vi8 assented
1958
Sydney (City) s f 5Vis
1955
AUruguay (Republic) extl 8s—.
1946
A8s
93
74
*21
j-d
1936
JASan
AExternal sink fund 6s
45%
*35
35%
M-S
j-j
•
'
■
64%
a-0
*34%
63%
47
36%
35%
15
32
1
External
External
37/a-4'/8-4^
3'is extl
AWarsaw
36
29%
9
34%
62
■
__
64%
36%
297/a
N- —
67%
14
M-N
14%
M-N
14
5
10
14%
14%
3
11
15
15%
'
*12
j-d
15
*12
15
F-A
*84
94
F-A
1960
1964
*79'/a
1979
MtN
11%
*81%
M-N
—-
j-d
—
--
■
M-N
W-«H»
*79%
"
11%
85
—-
90
78
__
78
—
—
($ bonds of 1937)—
readjustment
conversion
1979
1978
A4Vis assented
—
65
64
69%
61%
11
60
61%
69
10
66
70
58
69
61%
61%
69
—
58
1
■
F-A
•
,
.
527/a
58
*12%
■
j-j
F-A
16
61%
F-A
readjustment-.
(City) external 7s
68
*60%
j-d
1978
1984
1958
1958
66%
68
M-N
extl conv
4-4'/4-4Vis extl readjustment
18%
70
73
14
75
106
20 %
22
21%
76
A-0
18%
18%
83
85
/ 72
3
71
F-A
de
AExternal sink fund 6s
22
92
100%
lOO'/a'lOl
Aw,.':/
85
A-0
82%:'
2
1946
1953
Janeiro (City of)
A Extl sec 6 Vis
ARio
3345-4-4Via
22
93
93%
21%
18%
84
82Vi
100%
•
101
76
J-D
■
*91%
21%
21
*19
*100%
F-A
<*•
F-A
22
—•—
••
17
Greater) 7Vis—1952
Queensland (State) extl 6s
1947
18%
20
97
1958
1947
1968
1950
1963
1961
—1966
APrague (City of
20%
48
1940
(Rep of) gold 6s
A4Vis assented
AStabilization loan s f 7s—
APorto Alegre
84
2
V-
—
20%
-
A-O
a-0
19%
21
19%
M-S
y-s
100%
'
1
1970
1955
Municipal Bank extl s f 5s
Oslo
F-A
1956
1965
1963
4%s
extl loan
fund
A-0
1943
1944
6s
21%
18%
19%
J-J
1961
97%
'
—
21
■
J-J
-1962
page
71%
5
107%
F-A
Sep
see
12
52%
100
1961
sinking fund 6s
footnotes
71%
7
100
a-o
A6s assented
For
73
23
Jan 1961
Sep 1961
assented
70
100^ 100%
Jan 1961
ARy external s f 6s
72
10
F-A
Feb
assented—
70%
70%
.
73
107% 108%
.I960
6s
69%
52%
--
a-0
Feb 1961
:
sinking fund
1957
F-A
1958
5s
External
A 78
23
70
M-N
1960
sinking fund 6s
assented
f
s
.
(State)—.
Wales
External s f 5s
—
70%
*70%
•
70%
J-J
1942
assented
AExternal
A Extl
—
(City) 8s
External s f 7s
(Rep)
1945
,_1961
1944
1967
1968
1954
1942
—
69 Vi
71%
•
A-O
M-N
10-year
*80
•
'
69 Vi
■
23%
/
A_
series
South
A7s
1961
stamped
A6s
External
23%
18%
—
AExternal
97
M-S
1952
1957
1958
1950
Sinking fund gold 5s
Sinking
:
j-j
1957
1957
(Central Ry)
A7s
a-o
1941
f 7s
SABrazil (U S of) external 8s
AExternal s f 6Vis of 1926
AExternal s f 6Vis of 1927
''i
16%
1955
1955
f 6s
\
A-0
1949
Belgium external 6Vis
y
18%
24
16%
z
—
*16%
Argentine
S f
16%
3
*16%
a-0
15%
13
."'.18
22%
*85%
-•
'•
'
series
1st
44
44
M.
*45%
;"
21%
22%
*22%
External
—
—
*43
•
'
1945
1957
7s series C
AExternal
M-s
1945
1945
7s series B
AExternal
a-o
1968
1945
4s
10%
11%
—
J-D
7s
External
*43
f-a
1948
fund 6s
(King of Norway)
Akershus
13%
12%
15
M-S
(City)
Norway external 6s
(Colombia)—
*3%
71
M-S
External
Agricultural Mtge Bank
J-J
9%
13
1952
New
Municipal
&
13
1959
A 6s
1-1693
'
Govt.
J-J
1
1958
AMontevideo
■
Foreign
9%
9%
J-D
10%
9
12%
ASec external s f 6Vis
Members New York Stock Exchange
120 Broadway, New York
:
—
ASec external s f 6Vis
T eletype
15
82%
(State)—
Mlnas Geraes
2-2300
10%
1943
1945
AAssenting 4s of 1904
-.1954
AAssenting 4s of 1910
1945
5 A Treasury 6s of 1913 assent—1933
Wertheim & Co.
REctor
*9%
V
16
82%
2
15%
83%
Irrigation—
AAssenting 5s of 1899
Foreign Securities
11
15%
15
15%
*80%
,,
1945
A4%s
AMexico
and other
Telephone
*12%
A-O
3-D
15
12
12
*12%
15
11
13%
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
617
NEW YORK BOND RECORD
Stock
Week Ended
Bonds
Sale Price Bid & Asked
Interest
Exchange
12
Sold
Period
Feb.
Low
70
*54%
J-D
M-S
103%
*103.12
3-D
*102.16
&
94
93%
63%
61%
63%
>104%
"
82
M-3
15 •
105
82
81%
86
-
104%
'
104 y4 104%
104'/2
46
■j
105
.107%
105
'108
108%
47
107 Va
30
107%
108% 109 y8
173
107
102% 102%
100
99% 100
100%
General
4s
'i
60%
105%
3-3
105%
39
105%
v51%- 61
i'
1944
30-year 5s series B___u
1944
1st cons 4s____July 1952
1st
105%
1st 4%s A___
unified 4 Vis
General
.
Atlantic Refining
ri
3-J
f /v;
106% '
105
112
21
113
111%
..
112%
July 1948
102 y4
12
152 7
65%
109%
103 y4
103%'
"87%
"35%
v
•74%
6
'. ! 60 %
3-D
35 y4
31. "
101%.
106
210
62%
V
to
41
63%
146
37%
210
38%
41%
242
35
,
—1959
37%.
,276
60%
'•>:
;
■!
32%
•
35%
37%
327
32%
28%
696
24%
A
52%,
242
45%.
51%
52%
44%
45%
116
.,>51%
..
debentures————.———1956
Steel 3%s conv debs———1952
2%s
Beth
65-"
65%"
F_'__——1959
G_J———1960
Consol mtge 3'/4a series
Consol mtge 3s series
'
65%
■H-'-ss-VV
A-O
;
isW:
«•
60
•
,
:
h
104 %
F-A
104
;
5s series II
1st M
1955
——
■■■■:/.
-
gold 4%s series JJ_———;_1961 V;
mtge-4s series RR——
1960
1st
A—1—July 1970
$ABoston & N Y ;Air L 1st 4s__>i__1955
Bklyn: Edisoa cons M 3%s_——a—1966
Bklyn Union El 1st gold 5s——-i—1950
Bklyn Union Gas 1st cons gold 5s_1945
1st lien & ref os series A——_194T
Debenture gold 5s
^-1950
1st lien & ref 5s "series B—11——1957
Bufialo Gen Elec 4%s B__
—1981
Buffalo Niag Elec 3V23 series C—-1967
A-O
.v
Buffalo Rochester & Pgh Ry—
Stamped
3%
t
to
modified
1946)
k
due
;
;
at
(interest
J-J
M-N
AInc.mtge 4%s ser
F-A
-
76
75
45
■■
32
.
1
F-A
'<%>:
J-D
M-N
76'/4.!
18
.
132
)•>■ 43%:- 45.^/
,
100 >/2
F-A
114
,
73%
>39%
1
104%
105 y8
2
104%
105y2!
8
83%
90%;
27
,99
5
..
114%
tBurlington Cedar Rap & Nor—
VSAlst & coll 5s.
—1934
A.Certificates;, of deposit—
Bush. Terminal 1st 4s
—1952
Consolidated 5s—-—_—1955
Buslx Term BIdga 5s gtd——I960
A-O
;15%
15.
38»/4:
*82 %
62 y4
62%
,.
114
•—
.
101
,
)
..y
11
62%
5
Coll
trust
footnotes
see
■84%
(
-A-O
13
35%'
84%
21
84 y4
page
620.
*8
J-J
33%
29'/a
31%;
30
6 3A
U
8
66-%
8%
46 %
6 ¥4
8%
...
72
73
46 Va
46%
....
43 ¥4
47
39
40%
44%
147
44 %
48%.
45
48
45%
48
18'A
22'/a
Va
6 V2
43 >/2
44'A,
47%
47
47 %
J-J
47%.
47
47%
'69..
J-J
47
47%
47%
50
F-A
.
43%
21V;8
21
21%
914
6
6%
780
C
%>
8%
73
119
J-J
J-J
6
A-O
<
i
4
35%
36
63
37%
__
38%
32 ¥b
78
M-N
36
30 ¥b
M-N
,
34%
*
M-N
37%
33%
38%
32
.
3 4 ¥4
43%
J-D
>
39 ¥4
44'/2
5:v
26'%
37
25%
26%
> 44
22
25%
141
5%
532
4
vj.V/5'
■
,s«jif»47
F-A
38%
23
25%
.
25%
M-N
26%
23%
%
26%
V 26%
5%
46 ¥4
53
48%
I"',-.if '-W'f?-' '■*
v4t.__. 38
39%
23%
1,528
t* 25 %
23%
25%
7%
7%
7%
33 %
> 305
21%
J-3
39
23
39%
31 ¥1
M-S
1960
M-N
5s—-1951
i
75%
75 v*
J-D
—1951
J-D
M-S
68%
,
372
20%
4%
%
25%
;
83A
1
70
75%
8
53%
.57
1
18
62%
70
>
1
49
54
57
70
54
>•69%
J-D
t
23
67
56
v
36 y2
19
394
•
75%
*60%
57
J-D
5s—i—Dec 1 1960
of deposit-^—
38
76
25%
25%
3-D
gold 4s_*_—,———1934
-
33%
35%
•
43%
42%
„
25%
J-D
'
1
100
*37
M-N
M-N
,>1949 >
stpd
—1927
5s
gold 4%s
AConv
54.
:
*42
—
10
,
107%
109
30
108 ¥4 109
S-J
«
100
101
"■
100%
J-J
100% 101
•98
J-J
>
;
97¥a"
•
i
100
U-S
D————1962 / '
1943
5s_i————.—1957
deb 5s
Debenture
11%
98'/a
94%
-<\l 4o
99% 100
98%
100
97
:U;>92
Gas & Elec
16;
83,
58
& M Div 1st 4s
coll tr gold 4Si
Elec Ilium
Cleveland
&
C
3'/2s
Series
D
Gen &
Union
s
series B—
ret 4%s
1st
Term
gtd 4y2s
gtd 5V2s_
;
series B
gtd
f 4%s series C
River Ry
Colo
Fuel &
Iron. 5s
113%
115%
Debenture
113%
114V2
—
inc
Debenture 5s__L-i
:
?
*110%
*109
*110
J-D
74
■
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108'/2
109%
110
1097/a
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111!
.
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.
51¥a
3-J
1977
1991
%
3-J
M-N
-1990
V
50 V4
,
; <:
74
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.
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5;
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—
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62
46
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-
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46 ¥4
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.
107¥a 108 V'4
76 %
71
222
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67
50,'-;
67
.
108
J-J
.
51V4-- 52 ;
.<
108'/4
106¥B
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f-a
1981
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f-a
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i
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1
w-
.
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78 V4
26
75%
78 Vi
69%
70
41
64 >/2
63%
64-
69
59 ¥*
64
80
85%
741,4
-
77 ¥4
%
70
A-O
;
t
10
74
74
78
:
--
--
v
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a-o
'
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*105% 107%
'
tm
a-o
1977
*106
••
.
:
a-o
1961
1972
—1973
v
64
J-D
85%
.
*103%
A-O
J
.
70
__
4
85%
28
Certificates ».of
112% 112%
56
111%
112%,
Columbus & H V
111
110% 111
12
llOV'a
111 Va
Columbus &
J-J
113 y4
113% 113%
33
113%.
Columbus
J-J
76V'8
32
71 y*
11
100%
102%'
105
76%
A
Income
105
16
i04y>
99
19
95%
99%
lst
92
92%
91
93
Conv
M-N"
95%
'
a-o
92%
.
:
¥4
96
94%
95 V4
J-3
2 4 ¥4
29%
/>■; 5
251/4
28
100
9 2'/4
93
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9 5 ¥4
9
93
96
62
88
,
<
A-O
M-S
*109%
'
; no
X*.''
-6
*112'/4
f-a
1081/4
no
112%
109'% 110
112%
Mackay Corp—
w
Apr 11969
w-
May
64%
63
64%
36
Commonwealth Edison Co-^-
mtge 3%s series
debs 3%s
I——-——1968
■—
1958
93
'
3y4S——1970
& Tol 1st extl 4s_—i—1955
deb
95
248
28
95
28%
'
.
1st extl gold 4s„1948
Sou Ohio El
Commercial
98%
Apr 15 1952
——-.—1961
5s„_
-/
29'/8
28
M-N
-1980 j
deposit-—-—
Columbia G & E deb 5s
May 1952
A
112%
112
25 %
109%
109% 109%
f-a
1945
mtge—.—1970
AColo & South 4%s series: A—
M-S
7
<
"
■
F-A
76%.
62
48?
84%
11
*115V/a 115%
r,
,<
M-N
1st gtd 4s—,
113% 114%
1
•
'
J-D
1977
gtd
General 4%s series A—
108%? 109'%:
-
,
1948
1950
3V2s gtd
81
47
<
90
.
39
28V2
5
34 ..v -35%
■
1970
3s
■
'-1
25
52%
48%
40 ■■'*■ >40
■i
Pittsburgh RR—
"Series
Cleve Short Line
79
—1993
;
•
,40
35%
f-a
,
63%
77
5s___—1952
E—
i
M-N
3%s_—-
;Ref & impt 4y2s series
52%
;
a-o
(
ti
16%
11
a-o
•
—
115%
J-J
31%
9
L
'
72
ii-o
114
98%
1st
paid
part
113%
—1960
7%
•
J-J
tax__——1987
A
Railways
-J-D
J-D
*8
30%
35%
39
32
V: 29%
38%,
19
105
31%
32
37%
109
M-S
41%
31%
38
113
J-J
71%
38%
M-N
108y8
1946
66
15
38%
111%
75%
38
41%
34%
68
34
6
101 % 101%
69 Va
41%
*34%
28
3
114% 115%
!
121%
38%
108%. 108%
F-A
37%
118
__
37%
my2 113
115 y8
77%
.
:
Cleveland
39%
'
1944
1954
4%s—
equipment trust ctfs.'_
Coll trust gold: 5s
Collateral trust 4%s_
5s
For
A-O
108% 109%
J-J
3-J
; 32
38
Coal
1966
Canada Southern cons gtd 5s A—1962
Canadian National gold 4y2S_—1957
Guaranteed gold 5s—,_JUly 1969
Guaranteed gold 5s
L_Oct 1969
Guaranteed gold 5s,
1970
Guaranteed gold" 4%s__
1955
Guaranteed gold 4y2s__——1956
Guaranteed gold 4y2s__
——.1951
Canadian Northern Ry deb^ 6%s—1946
Can Pac Ry 4% deb stk perpetual
145
M-N
1st
1
73%
38 %
1st s f 5s
California-Oregon,Power 4s
41
99
;
33%
Cleve
109 %
77%.
97 %
42
General 5s series B
-i/s
A-O
70%
77
•
J> J
1966
? 1st
mtge 3%s_i———_—1967 1
Cin Union Term 1st gtd 3%s
1971 v
1st mtge gtd 3%s series El
1969
Cleve Cin Chic & St Louis Ry— ;■
General gold 4s__
1993
115%
81
.
79%. 81
A-O
117
22
15
.
-
102
_15%
15
A~-0
J-J
373/S
90%
65
38%
Cin Wab
38%
81
170
37%
Cincinnati
109%
"110%* 110%;
Af-N
257
70%;
'
:.St L Div -1st
—-1957
90%
38
{AChoctaw Ok & Gulf cons
23%
108%
J-D
1
25
<■:
97
100 Vi
M-N
Childs Co
76%
45
;'
,
96%
registered——1987
11st & ref 4%s series
u—u-:; ;'■!
100% 101:
'
943%
*1^0%
M-N
Chicago Union Station— >.
';
>
'
1st mtge 3%s series E—u———-1963
1st mtge 3y8s series F—1963
Chic & West Indiana com. 4s
.—1952
94%
'. ..28:
,.
90
88
__
92y2
.5.
105% 105%
•'
10
164
99
J-J
4s>——._>w«>>-.1987/
A Certificates
80
; <:
;
10T.
29-.-32.
«
97
99% 100%
'
.,*ioo%.^._.
1 104% 105 .;.
104%
Af-N
-
...
97
70
..
i'Vv .109.,
Af-N
;. • M-N
.
80
98
88%
M-N
>
78
:
...
19%
92 ¥4
36-%
J-3
gold 3y2.s__—
1987
registered.
_______1987
/ Income guaranteed
102%
79%.:.
*78.
.;'*75
15%
198
M-N
103 Vz 5
102%
,-;.*94%
__
447
:
Memphis Div 1st gold 4s_—
-1951.
Chic T H & Southeastern 1st 5s—^1960
;
101 y2
>102%
,103%
:>>102%
>'.!
•'»
19%
98
Vf.'
;
——
.:-*I02
„__
U-N
__
18%
v
77 ¥a
A—___—1975
Chicago St L & New Orleans
Gold
3%s—
99%
104%
100%
2
../>
103
-
119
90%
•
■
•
§ ASecured 4V2s series A——1952
.
•
__
105
118%
.
99
5s_—-Jan 12000
adjustment
§ A Refunding
104%.;
105
,103%
5'
101%. 101%..
103
98%
5
104%,:
J-J
V:
103
105%
102
70%
i.'j
M-S
$ A Chic R I & Pac Ry gen 4s
1988
A Certificates
of deposit———_
60%
100
99%
.45
/.v
|
132
102%
97'%
99%
f-a
F______May 11989
series
AConv 4%s series
>129% 130% J
7
10
104 »/2 104%..,
/;•" 104%
A-O
131
.
■'
87"
103%
114
99%
99 %
14
26
'''> V
""X
.65%
'
82%
•
43
<
r"' 99% 100
99%
-■
"'''
''
—1977
——___1987
§ASecured 6%s————1936
A 1st & ref gold 5s__
May 1 2037
A 1st & ref 4%s stpd—May 1 2037
>• A 1st & ref 4%s C
May 1 2037
■
'
H—_—1965
Consol mtge 3%s series
1
87
87
a_
AGen 5s stpd Fed inc
'■
129% 130 Vi
129%
A-O
'
103% 104
•
„
J-D
A-O
96
20
98
j-j
-
A4%s stamped—;
51%
59%
40
*44—
J-D
Big Sandy 1st mtge 4s_———1944
Blaw. Knox 1st mtge 3%s———.—1950 •v'5; F-A
Boston & Maine 1st 5s A C__i
:—1967 ■V-.- U-S
1st
4%s
Mtge gold 5s series
4s
56% :
<46
11
65
65%
3-J
..
92%
AStpd 4s n p Fed inc tax—^1987
AGen 4%s stpd Fed inc tax
1987
47
40%
33
48%
48
3-J
*
14
105%
*115%
19%
'<}
Refunding gold 5s series ,B
AGeneral
28%
——
Indus Loan 21/4$:———1950
Beneficial
86
*119% 121
i-V
•
3-J
4
AGeneral
37%
26%
J-3
80 Va
60%
83 %
94%
*106%
a-o
•
/ ; V;
1958
Eastern 111 RR—
t§AChicago
V
71%
55%
4
■v
104% 105
.
3-J
37%
37%
3-J
<";■>
18
183
59%
83%
105
,
..
41%
35%.;. 41% ;
28
3-J
■
90 '/2
131% 131%
105
68%
37%
32%
%
MS
U-N
131%
r
:
.
J-J
25%
.—1951
4s
stamped—
——1951
Battle Creek & Sturgis 1st gtd 3s—1989
Beech Creek extl 1st gold 3ViS—„1951
Bell Telep of Pa 5s series B—__1948
1st; & ref 5s series C_—_—
-I960
ref 4s
Con
:'
;■
109%
83
66
F-A
& Aroostook RR—
Bangor
80
58%
83%
94
J-J
3%s
37%
MS
:
151
tChic.ago & North Western Ry—
.
Toledo Cin Div ref 4s A—
79%
83 ¥a
J-J
A
Ref & gen ser D
'■:/•//■
89
JChic Milw St Paul & Pac RR—
64%
59%
61%
37%
3-D
1st M (int at 3 % %
i
Jan 1 1947) due—
1950
87 %
>'v-j>:<v
?
.ARefunding 4s series
105
351/2.
63%
j-j
1947
1947
A 1st & gerl 5s series A.___i.____1966
A 1st & gen 6s series B
May 1966
Chicago Ind & Sou 50-year 4s
_1956
tChicago Milwaukee & St Paul—;
AGen 4s series A__
May 11989
; AGen gold 3y2s series B__May 1 1989
AGen 4 %s series C
-May 11989
AGen 4V2s series E
May 1 1989
,
29%
56
105%
•
' 79 %
100%
402%
105
,
32%
32
30%
30%
A-O
Pgh L E & W Va System— ;
;
Ref gold 4s extended to_—1951
,
30%
20
__
103% 109%
4y2s—2038
AConv
S'west Div
108%
*19
59%
J-J
a________ —1971
series
5s
inc mtge
AGen
:
mtge
(int at X% to
Sep 1 1946) due
—2000
Ref & gen ser F (int at 1% to
Sep 1 1946) due—.
——1996
A Conv
due——
.—Feb 1 I960
~8
'•
Chicago Gt West 1st 4s series A—1988
66%
'63:
130
'84?
78%-;
34%
.*101
62%.
A-O
to
Oct 1 1946) due
—July 1948
Ref & gen ser A (int at 1% to
Dec 1 1946)
due——
1995
Ref & gen ser C (int at 1%%
to Dec 1 1946) due-..
—1995
1st
24'%
JAChic Ind & Louisville ref 6s A__1947
90%
modified bonds—
gold (int at 4 %
Stamped
16%
M-3
{.i-?AGen; mtge inc (conv)_;.__-_ —1997
I
Chicago & Erie 1st gold 5s__^——1982
,
102%
3
88%
64%
>
'
ref
&
Chicago &
RR—
& Ohio
31
1949
1st & ref 4%s series B
tlst
'
AGen
mtge gold 4s_——
26
23%
22%
'
B
1st
75
.
'
—1949
-General 4s—___—
.
Baltimore
71
16%
80
f-a
—1949
4s
Division
.'/• ,4s registered
;<
1
;
>•105
U-S
\
.
106 y8l
109%
y.77%
;,30%
J-3
•
^__—_ —1949
registered
3%s
Illinois
v
87%
r
178 %
f
<>>■35
3-J
1953
deb 3s___—
64%
V,
M-N
110%
110%
26
112
.
,
M-N
A
i
103% 103%;
>'•
<88 %
l
J-D
—1964
A
8
22%
f-a
"M-S
gold 4'/2s
Chicago Burlington & Quincy RR—
V'
97%
,
105%
"22
103 % 103%
*
'
coll
N
23
22%
'•
M-N
Chicago & Alton RR ref 3s___ —1949
A
97
>"95%
*109%
■
MS
gold 4s__—___Oct 1952
Atlantic & Danville Ry 1st 4s_—1948
Second mortgage 4s__
.——^1948
Atl Gulf & W I SS coll tr 5s_
1959
&
96%
ti!'-
,?
11S Vb 112%
112 Vs
i
20
18%
a-o
•
1st cons gold 4s__ —1989
1989
2d consol gold 4s
i ;
115%
111%
7
112% 112%
,
3-J
A L
Atlantic Coast
L
'if 112%
3-J
& Charl
Atl
<
106% 106%
3-D
1st gold 5s_—_1946
.v
97 %
*100
J-D
1st & ref 4 Vis A—__ 1962
Cal-Ariz
Atl Knox & Nor
96%
,
J-D
MS
8
23
8%
22
•
—1992
!;
106
103%
'44
97
*106%
J-3
42
6%
22%
;
•
.
impt mtge 3V2s D—__ —1996
Ref & impt M 3%s series E__ —1996
—1946
Potts Creek Br 1st 4s
General
-
103%
9
%
114% 115%
J-D
Trans-Con Short L 1st 4s__—1958
35
Chesapeake & Ohio Ry—
70
61
:■ 37
;
96%
97%
M-N
1910——1960
Conv gold 4s of
:
1
'
R & a Div
105% 105%
Nov
—1995
Adjustment gold 4s___
Stamped 4s_—
'__——.—_1995
Conv gold 4s of 1909
___v——1955
Conv 4s of 1905—1955
35
166
Y-j
Ref &
<•' —//
105
i
115% /
A-O
8
40
24%
88 ¥4
i
16
67
*100
M-S
F-A
-1995
27%
6%
*
'
72
2 3 ¥4
43
23%
'. 109%
Santa Fe—
.___—
•''*•••
196
8
74%, 75
,
A-O
Illinois division 3%s
Atchison Topeka &
40%
68%
24%
■'...•
.
f-a
iooy4
66
Q-J
—1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B—__——1955
1st sink fund 4s series C (Del)«1957
101
30%
1
*110% 112
74%
3-J
•;
27%
22
-
1962
102%
98y2
59%
•
Jan
JAnn Arbor 1st gold 4s
23
|
109 V'4
83
21
'
102%
f
AAilglo-Chilean Nitrate deb———1967
103 ¥4
108%
1
A-O
2
7%
J
108%
-108% 108%
103
U-S
J-J
Central Pacific 1st ref
•
108%
•'
48%
102%
36
40
gtd gold 4s_1949
Through Short L 1st gtd 4s— —1954
Guaranteed gold 5s____^.____ —1960
SACenlral RR & Bank'g of Ga 5s__1942
__*.1948
Certain-teed Prod 5'/2s a
Power 3%s_______
Central N Y
104%
108 Vi
A-O
3-D
48
71%
7%
7%
■
1987
4s registered
:
.
103
98
38%
25%.
•
8
■
J-D
—1987
—
>
82%
78%
a-o
27%
c"
;
_________
e
104
j"
M-N
,,
J-J
4s_
101
16
70
a-o
AGeneral
104
8
104% 104%
.
'
a-o
66
107
r
—1945
3V2s__— —1966
1961
1st gtd 4s___
IACentral of N J gen gold 5s~_ —1987
—1987
5s registered-,.
..
110
11
71
^ACent New Eng
v
103y4
,
21 /
'
M-N
63%
66%
108 ¥4
51
38%
f-a
Central Illinois Light
*;■
48 %
103% 103 ¥4
J-D
:
71
62;
—
48
i
79%
,
.53%
1
107.% 107 %
94%
90%
70
60%
;
92
V:
66
66
Wks & Elec 6s series A—1975
Wat
Am
38
.
3-3
—1956
—
3s
119
68
U-N
deb
Co
173
70%
-
79
—1962
Tobacco
94%
79%
93
70 %
M-S
1949
debentures
conv
V
79%
2
100% 100%
103 ¥4
1959
series B_^__
1959
A Ref & gen 5s series C__—A,
.AChatt Div pur money gold 4s__1951
1946
A Mobile Div 1st gold 5s_
93%
94
67
;
-
A Ref & gen 5 %s
5
•
,.
Nov 1945
mtge 5s
a Consol gold 5s
1
65
/ *93
'
3s
108'%
95
F-A
conv
$:..
62
A-O
debentures-.
Amer
62
•
debentures,——.4—1961
—1966
3%s
3 'As
108
A-O
5%s——1949
American Telephone 6t Telegraph Co.—
Corp
A 1st
4.-0
debs______1951
Chem conv 5Vis
ACent
JCentral of Georgia Ry—
94%
F-A
deb 5s___.—__2030
Foreign Pow
Internat
105
—
*94% 100
J-D
Allis-Chalmers Mfg conv 4s_______1952
Amcr I G
J-J
gold 4s
1st gtd
High
62
68 % *
102% 103
J-D
& Adir
January 1
Low
No.
109% 110
f-a
1962
3%s debs
deb 4%s w w_____ —1947
1948
Branch U P 1st gold 4s_
*44%
—
_1950
Alleghany & West 1st gtd 4s______1998
Am
1981
Celanese Corp
A-O
V: A5s income—
Cart
Celotex Corp
55
A-O
modified
Allied Stores Corp 4Vis
'■
102
109 3/4
Range Since
Sold
High
*66%
**
M-N
102
63.%
A-O
1950
Carriers & Gen Corp 5s w w
—
A-O
M-S
;
71 y2
108% 108%
J-3
Ohio 4s—:—;—1965
&
103 V*
103% 103%
3-D
Clinch
102
"
__
102
102
F-A
1944
——____1949
modified———.—________1950
modified
5s
t§ACarolina Central 1st gtd 4s_.
Carolina
I
Bonds
Bid &, Asked
!
V J-J
1949
102
55%
*102
J-D
Alleghany Corp—
5s
%
48%
J-D
Period
.
Low
¥
1953
A Stamped
-1953
Adams Express coll tr gold 4s_
1948
Coll trust 4s of 1907
1947
10-year deb 4%s stamped____—1946
Ala Gt Southern 1st cons A 5s___1943
1st cons 4s series B
1943
Alabama Power 1st? mtge 3Vis
1972
Albany Perfor Wrap Pap 6s—____1948
6s with warrants assented-._-.___1948
Albany & Susquehanna RR 3%s—1946
3Vis registered
______
1946
Thursday Week's Range
or Thursday's
Last
Interest
Ended Feb.
High
<
JAbitibi Power & Paper—
§ A5s series A unstamped
Am
Low
Stock Exchange
York
Week
January 1
No.
High
New
Range Since
-
and Industrial Companies
Railroad
5s
BONDS;
Thursday Week's Range
Last
or Thursday's
BONDS
York
New
54
64%
J-D
111%
111% 111%
1
110%
111%
3-J
112%
112
112V2
97
108%
112%
THE COMMERCIAL & FINANCIAL CHRONICLE
618
BONDS
New
York
Week
Stock
Interest
Exchange
Period
Feb.. 12
Ended
&
4'/aS
Stamped gtd
Edison of New York—
Consolidated
1946
3'%s
debentures
3ViiS
3'/2S
debentures
:
jAConsol
Ry
109
108
103% 104
31
102%
105'A
106 %
107
107
107'A
6
106%
JLvj'/.'A
108%
107%
103%
104%
104'/a
J-D
ADebenture
4s
1956
J-J
35'A
1960
J-J
93'A
Power Co—
1st
.T
32
2
92
96:
1st
mtge
1st
:
mtge 3'%s
1st
3'/2S____
3'As
mtge
2'As
Co
Crane
Crucible
.
3'As
Steel
a
A
series
Deposit
A 6s
B
series
111
/111
111%
M-N
108
108
108'A
receipts—
extended to
Ind
111
ref
&
series
1st gold
Louisville
1st
101%
24
101
101%:
14
Dayton
1st
94'A
93'A
94%
33'A
33%
28'A
28%
28%
35
40'A
40%
10
38
31 %
32
31
30
32
*36%
38
36
36
J-J
32
J-D
1st cons
R G
&
ADcn
:
.
33%
28%
A
40%
J
sink fund
Bef
fADes Plains Val
mtge 3'As
&
rei
Gen
&
ref 3s
series
96%
12
97'A
97%
lien
ref
&
45%
75
43'A
46%
88'A
1
82
8 8'A
26%
26%
13
24%
27'A
108 %
108%
104% 105%
20
104%
105
1
101%
102 ■/■
102%
104
J-J
.,
1952
Cent Ry
107
•
.
; .•* /•
105%
A-O
101% 101%
a-O
/
31%
J-J
,
102% 103%
103
A-O
A-O
32%
134
24%
11'A
31'/4
229
6%
%
539
56%
19
108%
Jones
60
:
32%
1972
21%.
26%
Kanawha
56
22%
27%
*§ AK C" Ft S & M Ry
6
51
3%
F-A
106% 106%
30%
31%
50
23%
31%
30%
31
32
23%
31%
46%
44%
47
143
38%
47
105%
103% 104
1951
6
6
5%
A-O
22'A
5%
'A
;../ 3 'A
■154
5 %■•:/:.:
J-J
8
'
MS
*91%
A-O
M-S
A,
„
'
6%
Kansas City
Ref
J-D
105'A
89 A:,
105% 106 %
;
J-D
42%
28
28.-
M-N
91
91
M-S
103 'A
&
V-'sv-' V'f:A
*28
110'A
110
/
J-J
,
..
32
85%
91%,
102%
103%.;
100%
108
ilO'A
A>' 23
•
V/v: 13
71%
39
1%
3'A
50 3/a
v.■*'?}'
96%
'pfi
50%
96!%
/::.■;•■/'■
A
of
deposit.
-
1950
/
1960
1st 4s_—.
106
••/
72 3 a
11
61
60
A 62%
65%
65
72%
72%
110 %
/::■.
65%
HO
1
:A
■..*47%
88
*85%
1961
*93%
__4——i—
'
*82
A'-
50
A:
A-, A/A,
C
111%
•
:v-WW':
7"
'••f.'
A/A/'/-.•;
'
86 Va
85
y.
"
•
'
46
46
A
106
106
110
111%
".'A'
V,\A
_
'•
*170'A
66 t:/
74%
69%
wAAA\
■
A'-.'V'
^A.A,;V.
; 73;%
109
12
.'■•Ci
"
74%
:
'
.
V—./>.
.
-w^
-
,;-A:L'w .'1
;
.
105-
*106'A
!
86
61%
1
is j?
.73 %
110
*111%
1961
4'As
I
74%
71
A-O
J-J
J-J
J-J
•
87%
71%
—
Apr 1950
5sA-„——
88
87%
73%
..
.
27.%
109%
46%
94
23
30%
*96
J-J
/; • J-J
1961
„ J-J
'4%s, ungparanteed
—1961 < : J-J
Kings County El
& P 6s.L
—-1997 rA-O
Kings Co Lighting 1st 5s_.
.1954
J-J
•1st
.6%st-,
———1954
J-J
koppers.Co.lst mtge 3%s__
1961 %•/ M-S
Kresge Foundatioh 3% notes—4,—;1950
A} M-S
JAKreuger &.Toll 5s ctfs——
.1959
M-S
43'A
f: 26
9
'*':
29%
•
66%
A-O
—
;A>: 13
.
;
151
2% a; 3
% A-O
Southern Ry 1st 3s
impt
Plain
1
.
107% 10a
71%
50%
ref gold 4s_1936
Kentucky & Ind /Term
Stumped
106%
40:
5
101% 103%,
A-O
91
li t.'A.
70
,
70%
r-.../)*■'
Kentucky Central' gold 4s_————1987
112 %
.
104%
12
43%
J-D
8%
111
f
5
68%,
71%
1st gtd gold 4s„1990
& Mich
vA Certificates
■r
111%
45
111
99%
63 %
-HhS. VA'A'A
5%
6%
\'s-\
,'u
111'A 112
; 111
'
;/; /: ' : 9
8
■;
95'A
83
K
22%
18%
251
22 %
/' 2-1
93
68
68%
J-J
107
'
F-A
92
99%
J
108'A
,V:
106%
99'A
JrD
v
104
104%
67%
M-S
_
:
103
67%
J-J
F-A
.
3
23
/ 105% 106%
*93'A
108%
106%
106%
1 '
0'M 5
'
31%
M-N
F-A
1952
—1955
1961
545
58 'A
12 4;
M-S
A
,1947
Laughlin Steel 3'As
&
27
60
•
A-O
J-J
1959
26%
;
10%
10%
31.;%
J-J
/ J-J
1st 4s
Clear
25%
J-J
,
y."\• :VX}%/
t
James-, Franltl &
■24%
_1965
*108'A
M-S
;'A
—1955
1st & ref. 4s
26
3'As
i
J-J
1956
6%S——
27
—,-1965
1st M
95
48%
88%
.Debentures 5s
v;
1995
Detroit Term & Tunnel 4'As
1961
Dow Chemical deb 2'As
1950
Dul Miss & Iron Range Ry 3'As—1962
ADul Sou Shore & Atl gold 5s„_ 1937
Duquesne Light
54
45 '%
& Teleg. deb gold 4%s
J-J
4s__
48'A
*79;
/
A: 105'A
10
*101'A
lien gold 4s 1995
gold
ASecond
1
>:■
45
1950
Int Rys Cent Amer 1st 5s B
Int Telep
.1st
106% 106%
J-J
J-D
series G—1966
H
—1970
Detroit & Mackinac 1st
50
54
69
6s_.'
28%
J-J
F
47%
54
1956
28
106% 106%//:
gtd 4'As
1st
4s series
Edison
Gen
39
51'/a
A—July 1952
27%
7
29
Kfansas City Term
Detroit
49%
62%
6s .series A
106% 107%
1935
1947
48%
49%
47%
—1944
Internat Paper 5s series A & B_„1947
106%
fADes M & Ft Dodge 4s ctfs
62%
42
113
—
Hydro EJ deb
J-J "
A Assented
58
50%
6s series A-1952
series
J-J
ARef & impt 5s
66
8
15
50
Bv__—
J-J
W gen 5s—Aug 1955
(subject to plan)——
series B————1978
J A Den v & R G
63%
62%
45
64% :; 68'A
,——1963
1st gold 5s series C
Inter,nat
38'A
96%
6s
tAlst 5s series
.
1st 4'As—1971
4'As
gold
§ A Con.sol
1
62
50%
4s,
26%
*36%
97'A
30%.
27
4 ;•
28%
28
28
J-D
A-O
/AAdjustment
•
1936
4'As
85
68%
gtd 4s_—1956
•;
1986 1 •/:
tAimer-Great Nor 1st
95
93 Hi
-—1969
1969
gold 4s—1936
ret 4'As
&
1st. mortgage
60
46
85
■
,
59'A
Power & Light
Delaware
66
66
56%
42%
2
142
45
' J-J
1947
M-N
1st & ref; 4s_—1943
Delaware & Hudson
59
F-A
deb 4s
conv
85
62
J-J
1961
Iron
45%
85
J-J
D
3s
1970
Union Ry 3'As series B___1965
High
///.J-D
J-D
Interlake
.// /••
45
26
1963
A__
4%s series C
Iowa
58%
45%'
F-A
Union Ry 3'As series B—
fAiowa
Dayton P & L 1st mtge
January 1
Low
No,
& N Q—
Inland Steel 1st mtge 3s series F
Inspiration Cons Copper 4s
110
101
1st ref 5s
fLlnd &
108%
*27%
1955
V
%%%
108'A
109% 110
—
Curtis Publishing Co
111'%
107%
A-O
—
1946
110 '/a
10
M-N
J-D
—1952
109
110%
14
J-D
receipts3s deb
ADeposit
M-N
Range Since
Sold
High
„_1951
1st gold 4s,
and Chic St L
1st &
109%
.
.
17
—.
—
receipts
——
A extended to_
1946
Deposit
*110% 110%
M-N
debs____—1955
receipts
Cuba RR 1st 5s gold
ADcposit
Cent
Joint
108'.4
;;4
108'A 108%
108'A
M-N
1st 5 %s_„-„_194?l
f
s
§ A Cuba Northern Ry
A7%s
1950
f debs—
s
111
Ind
1965
,—1967
—1970
1966
1969
mtge 3'/as.
Bonds
Thursday's
or
59
J-J
^,1951
3'As
Western Lines
35%
-.AAA'
•
.
mtge 3,/aS—;—
1st
Last
Sale Price Bid & Asked
M-N
F-A
J-D
J-J
.Springfield; Div 1st gold 3%s____ 1951
35%
93'A
5s_
.
Gold
35%
33
35%
Consumers
A
31%
35'A
*35
J-J
15.
35
34'A
J-J
deb 4s-„~1954
19
104 >A
104
_1955
1966
;
■
Bridge gold 4s,
,_____„1950
Litchfield Div 1st gold 3s
-1951
Louisville Div & Term gold 3%s_1953
Omaha Diy 1st gold 3s„c„„__-1951
St. Louis Div & Term gold 3s
1951
104'A
37
—1955
f
Cairo
105% 106 %
4s
Coal s
111
103%
*107% 107%
Thursday Week's Range
Low
108
llO.'A
105%
ADebenture
Consolidation
nefunding 5s
,40-year 4%s
Period
12
Illinois Central RR—(Continued)
A-O
J-J
—1958
deb 3 %s,_,_1951
non-conv
t
A-O
—
Consolidated Oil conv
108
110% 110%
__
108
A- O
debentures——;————,1948
debentures
_„1956
3 '/as
__
F-A
100%
108
-;r% :v:;A".'
Exchange
.
/Interest
Stock
Ended Feb,
High
100%
108
J-J
York
Week
Low
No.
—
*108
J-J
River Power s f 3%s A—____1961
Conn
New
1
January
Sold
High
*100
A-O
._1943
—1951
—__195l
1st ts
Conn Ry & L 1st & ref 4%s
Riv
Pasump
Range Since
Bonds
Bid & Asked.
Low
Conn
BONDS
Thursday Week's Range
Last
or Thursday's
Sale Price
Monday, February 15, 1943
107%
•
105'%
102% 102'A.
108 %
101%
107% 108%
13
106
107
•.A'AV/.A. v
102%
1% V
*2 %
110%
'
V.»
A';.A^AA:A;A'/f
•(
1
j-?*
2
;:-A /A/
),
s
*
1948.
Ed
El 111
108
108
107
108- A
103
10
108
105
*104
101'A
J-D
1970
MS
——1965
A-O
1—1965
stamped
«.'L
*146%
J-J
1950
3%s_:
105'A
'I/:
101% 101%
'
-/
100%
104
■
103% 104
4,
1st
M 4s series
cons
•'
5s extended at.
73
72
A-O
73
*70%
Lake;Sh & Mich
65
72
92%
96
53 %
—
Erie RR extl
Y &
N
Ohio
1st
Div.
1st 4s
94'A
93%
94%
127
J-J
57%
57
57%
116
—1971
3'As
mtge
J-J
M-N
*106%
*99
M-S
'v-A •
?
•
■
/:
v.! ir
A"".
58%
/
•'A-^
99%
99
' j;;
Lehigh & New Eng RR 4s A———1^65
Firestone
& Rub 3s
Tire
1961
deb
A
ref 5s series A——
1st A
101 %
101%
101
J-J
*78
M-S
99
38
*78
J-D
19,74
4'As.
1st
fFlor.da East Coast
M-N
1959
JAFla Central & Peninsular 5s_—1943
23 7a
24%
100
25':,
19%
stamped,:—;
1st & ref sink fund 5s
25 %f
'
24%: 24 %
A A: A Certificates of deposit
20
24%
Francisco
1956
of
J-D
63A
6%.
6'A
deposit—
Corp
3s debs
A Certificates
Food; Machinery
M-N
,-1956
Sugar coll trust 6s
5
81
'
80
92
4%
58
:
.
4%
'=
82
6%
9
;
Leh
102'A
80
of Berg Co cons 5s_—-1949
Gas & Elec
J-D
Lehigh-.Valley RR—■ "
4s stamped modified——
A
4s registered,—
J-J
98%
98%.
98%
fAGeorg.a & Ala Ry 5s
Oct 11945
tSAGa Caro & Nor 1st ext 6s
1934
Goodrich (® F) 1st 4'As
..,
;—1956
J-J
20
19%
A/
20%;
Castings 5'As.
1946
Gotham Hosiery deb 5s w w_.
/ 26
98
99%
16
19
21%
*35%
36%
106%
106'A 107%
M-S
100
100
>1
.;
J-D
*94?a
Great Northern
J-J
109'a 109%
A/
106%
26
2
Grays Point Term
1st gtd 5s
—1947
4'As series A—_—1961
30-
.
.
100
99%
36%.
J-J
105%
J-J
97%
series D
1976
J-J
89 %
General
4'As series E
1977
J-o
88%
General
mtge
General 5s series C
*7:'
General 4'As
—1946
Gen
mtge 3%s series
'
lA/.'-y 'A, ■'
109
Debentures
Gulf Mob
&
1st mtge
ctfs
106%
'•)■
AGen
Gulf
&
1st
;
r
-.1950
A-O
—1950
Gulf Mobile & Ohio 4s
A-O
series B
103
79%
'
A
91
65
A/ 74
72%
f
57
\
Long'
|
i'4S
|
53
;/
■v
10%
69%
ref
&
Term
59%
Gulf States Steel
5s
stpd
-1952
f 4'As
s
Gulf States Util 3'A*
*95
1961
M-N
103% 103%
■—A
1
102%
103%
110
Hoe
(R)
Co
1st
JS AHousatonic
Houston
Hudson
Hudson
Co
Hudson
&
AAdj
mtge
debs
1st
Gas
—1944
Ry cons gold
Oil 4'As
Coal
s
f
1st
5sl„ 1937
1954
,
5s
series
A_„1962
gold 5s
Manhattan
income
1999
r
1st
5s
*127
A-O
*99% 102
M-N
M-N
J-D
1949
F-A
83
103%
127
98%
'
4
85
103% 104
41
40%
M-N
1957
1'29
117% 117%
80
128
100'A
103'A
40%
51%
:
31%
2
57%
Feb 1957
A-O
24%
24
117%
117%
46%
51%
156
24%
19%
40
59
59
Illinois
Central
J-J
103
102% 103
101%
J-J
*97
97%
1951
gold
*44
M-S
*53
'V'
A-O
F-A
J-J
M-5
'
A-O
A-O
2003
3%s. series A ext..
1950
series B ext——_—1960
Paducah & Mem Div 4s
—1946
St Louis Div 2d gold 3s_i.
—1980
Mob & Montg 1st gold 4'/2.S—1945
South Ry joint motion 4s
1952
Atl. Knox &' Cine Div 4s
1955
J-J
J-J
F-A
M-S
M-S
J-J
M-N
ref 3%s series E__.
Uaif mtge
-
A-O
53
92%
24%
103
98
93
series A—1945
J-D
J-D
93
page
620.
53%
6(1
51%
Gen
mtge 4'As series A—j.-.
western
50:»,
50
50%
97
47
51
J-J
46%
46'A
46
18
43 %
46%
M-N
51%,
50 »A
51%,
103
46.%
51%
,,
•
,
'■ r
■<
■
1st
Steam
gtd. 3'As
Shovel
—
34
40%
A;y,:y 2
55%
61'%
110:
109%
109%
121%
122%
106
■<~
106
"."A.
15
104
A//
/;/:A
99%
100
100
:
5
.1
99%
,;A"
109% 110
99%
98 Va
100
99%
13
109%
110
J. ^r-
'i'
984 a
121%
122'
■
78'%
84%
109%
109%
104
83%
104'%
32
103'%
104%
28
94%
■A""-7
88'%
91'%
85
87 V,
57
84%
109% 109%
AyA-/ 1 A"
104%'104%
96
97
91 Va
91'%
87
-91%
104
98%
28
99%
*104
96%
107'%
105'%
12
•
*121% 122%
84%
115
115
'A//A'AwA-
A;
87%
"
/>
*
22
97
104%
104% 104%
103 %
104'%
108%
108% 108 5 8
4
108.'%
108%
104% 104%
4
104 Va
105
2-
78'%
82
81%
82'
12
*105% 110'%
95%
95'%
95%
•
43
•
95%
94
109%
*110
110
M-N
89
88%
89
5
84%
89
49%
49%
50
9
47%
50
51%
52
11
51%
s
f
6s.
St
Ry
1947
7s series A„Apr 1940
1945
McCrory Stores deb 3%-———_—1955
.^•(Stamped modt ext 5s„
■McKesson
fe Robbins
3%S_—_—-1956
Metrop Ed 1st 4'As series D,__1960
Merop Wat Sew & Drain 5%s—1950
UAMet W Side E]
49
52'%
Va
*32%
M-S
M-N
*22
69
'
^,1941
Stamped ——
§ A Market
54%:
M-N
1953
see
52%
1955
footnotes
j.
»
1952
For
'
98
92%
15
31%
35%
A
^
"
99%
36%
32%
58
AA
121% 122%
99'A,
100
35%
33
28%
*104
-i •"
2003 %
A 29%
•"/
92
^
*106
M-S
1960
Manati Sugar 4s sink fund__Feb 1 1957
AManila Eiec RR & l.t s f 5s_——1953
Manila RR (South::Lines) 4s„,—1959
54
93
59%
M
65
1952
4s.
A-O
1951
trust
J-J
47
52'%
' A"'.'i.««
106%
106
122%
M-N
A-O
r- \M-S
M-S
M-S
.
;
*115% 116%
A-O
A-O
Marion
1951
44
163
33
*109'A 110
..
ref 4%s series C——:——2003
ref. 4s series D———_,—2003
Maine Central RR'4s
RR-
1951
Collatcral
85
68'%
73
y;
59
t§ A Manitowoc Green Bay & North1981
-■•
66%
6
33
39%
104.
;
5s
*33%
39%
43%
128
.
~
-
A
.;
'
85
8
84
41%
-
Unif mtge 4s
i
J-J
Nashville RR— i
5S'series B—
ref
&
1st &
110%
H
Hocking Valley Ry 1st 4'As
&
&
1st &
"i
W
.
,70
.
34%
,,
Co deb 7s
(P)
1st
;
—
110% 110%
A-O
1969
series D
'
J-J
^ ^1
—1949
stamped,—
1st
:
..'-V
M
''••"'A
•
36:!a
A-O
debenture——-—
Louisville
74;
54-
;
12
33%
*27%
■A 35 Va
M-N
4s_——-1949
reft gold
———1944
1951
Louisiana & Ark 1st 5s series A—1969
Louisville Gas & Elec 3'As—
1966
Lou & Jeff Bridge Co gtd 4s^
—1945
-5s
Ship' Island RR—
34%
36 'A
■
1950
Island unified. 4s————,—1949
Lorillard
95
/: 58%
Miami gen
Guaranteed
•
91'%
74
J-J
J-J
w'
91'A
87%
„
M-N
,
Long Dock Co 3%s ext to—:.
65
19
95%
1975
,
„
:\'S*
4s series A—1962
Little
80%
9%
91%
2015
mtge inc 5s series A
■■;/'
100'A
75%
:
vA ';'AA"I
9%
90%
v
101'/a
99
66
>
70
9%
*93%
J.^~
V.
99 'A
147
80%
89%
83% ,88%:
;
87
67%
54
46%
A-O
A-O
-j
9.7%.
83%
93
.■•..
99% 100%
A
*66
Feb
5s series C
88%
•■
58%
; J-J.
<
.
92 %
:
.79.
100% 101'A.
Feb
,
5'As B
89r;»
a 7.'A
80 %
B
1st
Nor
18
45 %
57%
M-N
Libby McNeil & Libby
109%'
102r!3
53
:
97%:
87%.
/
100'A
J-J
I
Bay & West deb ctfs A
A Green
A
J-J
97
101
1967
mtge 4s series H
Gen
J-J
——1946
4s series G
105 »A 105%
45%
—•
1st 50-yr 5s
East
Lex &
f
100
•
1952
——1973
General 5'As series B
A*"-
Ay:
58%
5s_———1951
gtd,——1965
Leh VaLTenn Ry.ext
r
i
.
107%
■
10
67
67
A
86
/y/iy: :>,5/A
•
F-A
4s—1955
Liggett & Myers Tobacco 7s———-1944
debenture::Ai-:--r---- ----—1951
j
.
J-J
J-D
:
'
2003
,,2003
4'As stamped modified,-™^—2003
(
4%s registered
—2003
5s stamped modified,—————2003
A A-:1;
1949
Steel
67
44% >46
w'^'A-'A4
69%
J-J
1954
—1950
Harbor
y: 69%
89%
:
84%
G
Gen
term gtd 5s
;
AAAh'. Vf
71%
*66%
1974
—
Valley N Y 4'As ext
Val
Lehigh
69%
F-A
.
~2 A1
87
*69
—
A/'S.
AA/AA'
87
82
81%
£
ww •''
*85
96
87
8
CO CO
63
A 75
//-Ay;
'/•j.A-V.'/
—-
fund 5s—u——1974
stamped-—•,
5s
t
6 %
102%
6%
*102%
M-N
A'
88%
'
52'
78
yyAiA'v;1 ;A<
*100
F-A
v%,—
F-A
,_1964
"
1982
of claim.)
(Proof
§A2-4s
14
*95% 100
82
94%
19
81%
80
87'%
80
:A:Vvyy,--v
80%
A'
101
83'%.
'A
A
80
88%
99%
66
60:%
56
4
:
89%
84
81'A
M-S
:.
,
stamped^.'—,1964
5s
.j1st &.ref-sink
IFonda Johns & Glover RR—
•.
—-1954
5s
81
'
5s__»lu,:__—^54
1st St.'xePsink fluid
V 76%
„
89'/,
86%
87%
60%
A-O
y ■
stamped:,—,—,1944.
5s
101-%
'••4'
81 %
v
'
Dec
J-J
J-J
1945
Lehigh & N Y 1st gtd gold 4s
Lehigh Valley Coal. Co—
("
80'%,
101
*81%
% 100%.
35
A;; A;A 7
87%
*86%
J-D
J-D
•
,
99
A--;
87%
% 100%
J-J
eold 3 %i?_,—1997
3'As registered
_—1997
Lautaro/Nitrate Co Ltd—'
*
*
A 1st mtge income reg
1975
Lehigh Coal & Nav £ f 4%s A
,1954
Cons sink'fund 4%S'series C
1954
73
64
18
2015
1947
4'As series A
AGen mtge inc
;
'
1995
B
RR—; '
;
3% to——.—1947
■/ 100%
86'A
87
86%
F-A
F-A
Lake Erie # Western
101 Va
102'A
13
Railroad Co—
Erie
A-O
Lgclede- Ga? Light extcl 5s____——1945
Coll & ref 5%s series CZ„—A—1953
Coll & ref 5 %s series D,.._
1960
'
2'As debs
Elgin Joliet, & East Ry
El Paso & S W 1st 5s
5s
M-N
1st cons gold 5s__„ 1995
(NY)
Auto-Lite
Elec
A-O
1956
Ry Minn Nor Div 1st 4s
East Tenn Va & Ga Div 1st 5s
East
(ChicV 4s_^„„1938.
*39
*100
A-O
A-O
Q-A
Q-A
A-O
J-J
M-S
A-O
F-A
92
103%
93%
39
102
103
101'A
92
39
40%
*102
J-J
—
_3
89 Va
93%
105% 105%
1
105 V,
105 Mi
107'% 107'A
6
106%
107 %
*111%
90
111%. 112
—
90
1
84
...
6%
90
6%
Volume
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4151
157
NEW YORK BOND
'
■'
New" York Stork
Interest,'
12
Last
Period
Exchange
Ended Feb.
Week
Sale Price
or
BONDS
Bonds
Thursday's
Bid A Asked
Low
Range Since
Sold
Low
No.
High
1
r
Week
As*————1951
—*.1952
,11979
Michigan Consol Gas 4s_*—.——1953
M-N
Sag 3
1st
gold 3 s/2S_.
Ref & impt 4As series C
A 1st
ext
&
62%
§ A 2d
97
98
62%
27
5> A
12
106%
1.
50 %
65
53
73 A..
65 ;;
65 ft.
42 A
39 A ' 42'A
30%
30%
53
5s,—
12
12'A
M-N
12 Va
M-S
3%
3
3
46
4
Q-F
9A
14
2%
8
2 A
A
5 As!
A25-year
A 1st
1st
4 A
ref 5'As series B_
&
t AMissouri-IllirioIs RR
19
19%
388
19'A
19
19 A
22
16'A
20%
J-J
19
19
19%
80
15%
20
68
68
6
J-J
1949
1959
—
1st 5s——
J-J
A
20 <
-
15
3%
/ 20
1%
64 A
40-year 4s series B—_—---—-A
44 A
6%
4%
1-L,
__
43%
100
''
'
436
J-J
45%
42%
45 »A
•
563
1962
J-J
36
39
131/
40.
37%
40'A
373
24%
22'A
24%
429
41
Alst
33%
40%
19
1st
Essex
&
A-O
24%
Ref
impt
Ref
&
impt
5s series C„—
35%
43%
Ref
&
impt 5s series D__.
35%
43%
Northern
35%
42%
(Minn)
8%
(Wise)
1st mtge 3As„—..*—1964
41
41%
41%
171
40%
2
41
41'A
41%
326
41
:•
96
'
&
43%
26%
■
35%
49
111
A-O
39 A
40
J-D
50
1
series
5s
111 'A
110
113%
103%
6
57
89%
112%
106
ft I
89
4s
40
37 A
40%
35 'A
31%
34%
109
109 'A
112
ACertificates
ft
Y Central
Conv
Y
N
■'
Hud
&
118%
73 A
74%
73
73 A
118
118%
123%
...
ft- "46'A
g
47.
"40
y
F-A
—
registered
49
:1ft
"
:
99%
99%
99%
51%
**2013
A-O
55%!
55%
56%
ft 231
*11952
M-N
ft'/:/ 73%
72%
73Va
254
79%:
78%
79%
73%
74
-16
56%
57%
F-A
3V»8—. —1998
1998
—
*_*__—.
—
ft:
F-A
F-A
1998
-1998
ft-
F-A
74
:ftft
ft', 51
/'/
/ft: ft
J-D
IO41/8
F-A
97%
RR of Mo
1st ext gold 4s—1938
"52 A
•.
51%
/ft/':-
:
,
51
1st
53
/
z
.
I*
'•''109%
J-J
1955
deb
54
■M-S
1944
cons
5s_1949
Ref 4 As
series
:C—n—-——--1978
1st
:
3 As extended
6s
N
N
mtge
debentures:
N
59
56,'
trust
ctfs
N
series D**_—ft*-11965
A-O
ref 3'As series E
Y & Erie—See Erie
Ohio & Det
Y Gas El Lt H & Pow
N
-
3'As.ft
102
-.1966
F-A
4'As
5s
74 ft
53
70 A
•
50%
53
48%
53
47%
50
—
'
•
77 A
64%
100
gold 5s—1948
—1949
Harlem
Peoria
F-A
'
101
105 A
105
108
98 A
103%
100%
108%
110%
108
16
2
110
110
92 A
122
104%
10
108
110
92
97
89%
99%
37
96%
99%
99%
35
95%
99%
93 A
99%
J-J A
119%
101%
98%
92
A-O
5
41
99
109 A
A-O
26
109% 110
104%
J-D
92%
94%
156
lll'A 111%
J-D
A—
100%
90%
1965
Eastern
&
Pekin
&
4s
99%
ft 94%
A-O
Apr
F-A
5'As_ —1974
Bait &
Wash
1st
gold
4As
4 As
series
65
71 '
3
86
2
88%
93
11
108
109
?; 1
109
109%
.////ft IVa.
series
C— —*1977
60
■/
M-N
--
5%
48 A
:
.
7%
72%
69
71
51
64%
71
61
'
62%
63
57%
62%
105% 105%
/
*102
;/ '•;.*_
—./-
v/.j;
112% 112%:
ft'
J-D
/ft'■'
J-J
1
,ftr ^
120 ft,,/
1
120
I'
J-J
:
ft,
79
'
ri
■
107
/ft 77%
62%
F-A
—1974
44 A
13
,7'A
71
vft
J-D
ft
48%
94%
111%
"106%
79
1
J-J
gold 4s_ —1943
48
7
,
:
f
ftyWL "•
v-
90%
111%
;
I. iooy«
104%
'•
79
'
105%
102 ft
102%
118%
120
ML 3
111
108A
110
88
108%-109
' a
'/.ft
M-S
"ft General 5s series B
ft:
'"•■
48
A-O
■
Apr 1990
Ry
ft
M-S
—I960
ext
Union
General
30
,
Philadelphia
■
Phila Electric
ref
&
coll
Co
1st &
D
—
tr
ref
ft
4%s_„ —1961
3'As— —U967
2%s__
mtge
—1981
■
1971
;
116%
117 A
112%
Stamped
.1
—1949
AConv deb 6s
Philip Morris Ltd deb 3s___—*..—1-962
100
62
63 '
37^
55%
64 A
67%
69'/a
20
60
;
"101%
,
A
.
Philippine
1st s f 4s**_ —1937
deposit
1951
l%s debs*,
Ry
ACertificates
Phillips
"
Petrol
112
102%
103
102:« 103
—■
22%
ft
'•
I'
'
ft
5ft/
107%
37
23%
8%
1
105
5 A
"3
,
36%
20%
79
%
107%
105
10%
105%
17
3%
5%
125
1.04%
107%
ft*
105
105%
II
110
111
13
105%
4%
107
•
96
58
■■
10
105
'
5 A
J-J
23
9%
9%
M-S
of
110%
6
111% 112
23
J-J
101
15
47
J-J
M-N
':•
100% 101
103
'
,
69 A
"110
M-S
J-D
tAPhila & Read C & I ref 5s*_ —1973
111 A
117
"99
J-J
18
92
121%
B—ft—*1968
series
series
General
70'A
63
& Impt 5s——1943
102%
106%
121% 122
103% 104%
92 %
F-A
gojd- 4 As****„*—_—1970
102%
68%
& W Dk
107%
104
102
34
110
A-O
J-J
Phila
•
M-N
Y L E
ft"'"
109% 1.10%
110
M-N
—198Q
gold 4'AS' series C
Phelps Dodge conv 3'As deb*** —1952
68%
101
88
"lll'A 112«A
M-N
103%
103 A
104
—
"100%
M-N
1st
80 A
68
117
F-A
117 A
106%
102'% 103
102%
1960
A Income 4s___■
Peoria
1st
J-D
103%
10738 108
108
M-N
*
■Aft-ft
M-N
——
"105%
F-A
:__1981
■:
Gen * mtge 4 'As series E—*—ft*_ 1984
ft Conv deb 3%s
*19521
Peoples Gas L & C ref 5s
1947
101 %
99%
16
109% 109%
A-O
74
101
76
■"105% 107
J-J
ft,ft General 4 %s series D
*
87'A
109
Af
57%
ft
Debenture
81%
69%
1973
&
"103%
—1970
C
sinking fund 4As
General
"'ft'
'ft. 2
101A 102
57
"107'A 108 A
A-O
*.1974
3%s series
mtge
Cons
75-
15
:
v
100%, 103%
3
'102% 103 A:
103 %
J-D
1969
debentures*.
General
67V4
280
67'A
100
71 %
67
85
"103% .ft.--/
J-D
1st; & ref 4 As A—1977
,*i
*1981
& Light
99%
gold 3As_„2000
Y Lack & West 4s series A.;—1973
Y
4'As series B
N
A
ft
—
74
117A
F-A
B_*—*—_fti
Power
ft 54%
-ftft
RR
Purchase money gold 4s_„_
N
66
100
A-O
69%
M-N
**1952
Pennsylvania RR cons gold 4s
—1943
Consol gold 4s*—ft*—*****—***1948
4s sterl stpd dollar*—_*May 1 1948
.
v
42
100% 100%
103'A
51
56%
ft/ftft: ■ /
80A
A-O
A-O
4s
notes-.
1st lien' &
N
67'A
79 A
J-D
1965
—1951
—1947
Dock-1st gold
3'As
M-S
ft
i950
Connecting RR 3 As A
Y
Y Edison
80%
1947
to
—
Y
Conv 5 A
A-O
105
102%
M-S
—
A__***ft.ft-A_—1974
109'A
105
102 A 103%
103
A-O
6s___
& Passaic G & E
4s series E
4'As-
A
Chicago & St Louis—
5As
"71 "fc
F-A
debentures* 1956
Pictures 4s
Trans
1956
Marquette 1st series A 5s*
1st 4s series B_l
—1956.:
series
Ref
109'A
109
.
105
"103% 104%
M-N
3s B__*—I960
98
108 A
-ft
"ft-
98'A
A
95%
"108 A 109
J-D
103%
96
98
A-O
Pere
New York
16
"96
110
104%
Broadway Corp—
4 As series
52%
45
;•
ftftftftft,/
97 A
■97
1955
*
f gold 4 As*
s
109
103
22
1966
series B—1966
mtge 3'As series C
Penna
47% ft 52%
25
52%
"48'A
95
103%
103% 104%
J-J
1938
—
'
■
*
92%
6
109% 109%
J-D
Pa
75
:
11
"103% 106'A
1970
ref M 3s series K——*1971
51%
559
ft
95
J-D
ref mtge 3s series J
1st M s f gold 3s loan ctfs
57/
A*:-' ft ft **"ft
■
28
51%
:'ft':ft.;-
94%
109 %
100
112s
99%
202
51%
J-J
99%
111 A
Gtd
55
52%
ft'"
;
106%
31
111%
Secured 4s
47 'A
54%
17
99%
110 A
57%
.
44
56%
'ft 53%.
110%
108%
99%
7
—ft*——1963
Pennsylvania Glass Sand 3 As——I960
49 A
118
"100
-ft
54 A
110%
110
ft*
107 A
99%
J-J
Pennsylvania Co—
>
ft - ft"
ft .'ft
Guaranteed 3'As trust ctfs D_T„1944
46
50
ft
11
.ft
108
109%
12
gold 5s_
El 4s
54 A
50
■ft4 ft
57
"110%
106%
1
111% 112%
Paterson
51'A
A-O
J-J
—
12
52 A
22
111% lll'A
Pannelee
i' 47%
'
16ft
56
•
110% 110%
J-J
lll'A
Gen
^i-!1
J-J
ftft F-A : ft
—1997
registered-
56'A
A-O
-
■
44 A
49
3'As—. —1997
Mich Cent coll gold 3'As
41
■
52%
**
106-4 107
106%
J-D
112
Paramount
87
48
"55
•
108
56
56'A
105%
"104%
M-N
5s_—1945
gold 5s___1946
,
107 A
80'A
55'A
55
105%
1st
cons
1st
Co
Paducali & 111
83%
106%
"53
55
'■[
104
J-D
,.
82
107
46
54 A
-
7
25
87
1st
Panhandle East P L
5
107 A
107
86 A
87
102 A
103% 103 A
103 A
J-D
110%
73
ft 83 A
3
-
J-D
J-D
Ref
123%' 124
109%
88'A
*1946
.1946
Paramount
106% 107'A
107'A
A-O
J-D
J-J
7-~o
River
6
82
88'A
A
J-J
110
;
Pacific Tel & Tel 3%s
77
"81
J-J
73 A
117% ^118 'A
"110'A
A-O
109 V*
109 A
107
§A2d ext gold 5s
75
6
•
109%
107 A
series G—**1964
&
§APac
70 A
6
123% 124
*_
F-A
1
109%
"107% 110 A
1st &
70
19
.
109% 109%
13%
12
106%
ref mtge 3%s series H__*_1961
118'A
73
10
31
"103% 109%
109%
M-S
1st &
"92%
"118%
F-A
Lake Shore coll gold
3As
1043'3
deposit—
registered———^--.
3 As
103%
deposit—
secured 3'As
Cent
3'As
1
74 A
12%
"100'A
J-D
Nav con gold 4s__„1946
Coast
103
A~'o
—
112
J-J
1967
1972
Elec
&
Transmission
Gas &
105 A
IOIV4
104'A 104'A
A-O
impt 5s series C
110%
—
12%
12%
J-J
106'A
103%
M-N
**1946 ft
10-year 3%s sec s f——
& impt 4As series A—— —2013
.
105%
38
J-D
Ref
Ref &
92
30
102'A 103
118
1935
-*1998
109%
111%
"•
1st & ref mtge 3'As series I—.*—1966
105% 106 V8
J-J
series A
'
•
107% 108%
J-J
J-J
1st
104% 105%
J-J
—1956
4s
,1-
"101%
J-J
—1946
72%
102%
M-N
'—1956
68%
106%
of deposit
RR
87
72%
105 A
V
J-D
Newport & Cincinnati Bridge Co
*21945
General .gtd
N
1
110
110
*111%
'i
3%s——1966
i
3%s
Pacific
71
72
V.
A-O
deposit—
A——- —1954
5 As series
>:.•■'ft.I ./'"ft
r
M-S
ft 112%
"109'A 112 A
of
ACertificates
Alst
58
58
Oregon-Wash RR & Nav 4s_
—*1961
Otis Steel 1st mtge 4Vss ser A—1962
38%
54
115
1st 4s_—_
Guaranteed stpd cons 5s
37
1945
4'As series D
Alst
55%
55%
M-S
Oregon RR &
34
—1954
—
of
68%
18
10
M-N
Ore Short Line
38 A
M-S A".-
Nor 5s A
of
ACertificates
66%
57
57
1944
debentures—
Ontario
89%
72
37%
5s._——1945
B
253
67%
67 'A
56%
56%
*1943
Oklahoma Gas
33'A
J-D
,—1983
4'AS——1952
New Oil Pub Ser 1st 5s series A—1952
1st & ref 5s series B————1955
New Orleans Term 1st gtd 48—1953
Alst
■
57
1st mtge 4s—,1965
1st mtge 4s
-1st' mtge
37%
M-N
3s———1965
Alst 5s-series C„——ft—ft*--
67%
61
'
103 A
34
J-D
N O & N E 1st ref & imp
ft .ACertificates
54%
'
52
1st gtd gold 4s*1948
& L Cham
Ohio Edison
M-N
England Tel & Tel 5s A——1952
1st gtd 4'As series B—
*1961
J Junction RR gtd Est 4s—1986
J Pow & Light 1st 4'As
—I960
■i
53%
507H
ft
J-J
ft'ft •',
Teieg 4 As ext..
Ohio Connecting Ry
M-N
M-S
f§AN O Tex & Mex n-c inc 5s
....
ACertificates of deposit—
45
40%
42%
53%
52%
O
96 A
45
111%
89%
J-J
debentures—1949
New Orleans Great
42
J-J
43%
101%
105 A 106
106
J-D
New
N
74%
91
..,
2047.
41
91'A
112% 112%
A-O
ANaugatuek RR 1st gold 4s
1954
Newark Consol Gas cons 5s———1948
;
79
69
44%
41%
38
1 'ft ft;
"103% 104
F-A
f
N
72%
5
"42
53%
J-J
141
74
43 Ye
'ft-
-■
79
74
2047
States Power Co—
Northwestern
36%
96
48%
M-S
Dairy Prod 3'As debs-—-I960
Distillers Prod 3'As—
1949
fANew England RR gtd
A Consol gtd 4S—
77 A
•
1st & ref mtge 3'As..—•—1967 ft :-r F-A
5%
M-N
A_-————1955
B—1955
mtge
'ft
J-J
43
impt 4'As series
&
Pacific
1st
43%
Q-A
ft,
6s series B____.—2047,
14%
74
Q-F
A—..—**2047
42%
79
Q-J
--'ft'ft r-
F-A
Steel
Q-J
36%
1978
National
48
49%
'
Pacific prior lien 4s..*—1997
.—1997
registered.
i—
lien ry & Id gold 3s*__..Jan 2047
.**—2047
registered*
4s
4
41
3'As———1963
1st gtd 5s_*——1947
3'As sinking fund
104%
103 A
—
-
—
94
F-A
1981
Nash Chatt & St L 4s series A
Nat
deposit
Ref
273
126%
103 A
103
TOG Va
A-O".
Northern
N
Nat
of
11
40%
States T & T
Mutual Fuel Gas
124%
4
103% 103%
32
"112
41'/2
8
4
104
"116 A
41%
A-O
M 4'As series
Mountain
104
103%
M-S
41
7'A
126
"
...
M-S
A—,
35%
ft;
32 A
126% 126%
F-A
40%
A,
74 A
32
'
ext—a—-1951
gtd 3%S——2000
M 5s series
74
F-A
41
5s
Constr
104%
"29
:
O-A
.* '
41%
deposit—-—.—
Constr
33 A
F-A
—1949
35% :'45%
137 A
74'A
A-O
338
M-S
—July 1938
Moh'k & Malone 1st gtd gold 4s—1991
Monongahela Ry 3'As series B
1906
Monongahela W Penn Pub Serv—
1st nvge 4Vis
.*_*_——I960
6s debentures————
.—1965
Montana Power 1st & ref 3%s—-1966
Morris
33%
J-J
698
—
at 4%'
Tramways
74 »A
29%
—
39
35%
-
JSAMissouri Pacific Ry—
Montreal
73
110 A
mtge gold 5s
t§ AOg
3rd Is extended
41
1998
13%
gold, 5As_————
1949
Alst & ref gold 5s series H—1980
ACertificates of deposit
of
41%
.
re! 5s series I
104 A
"110
^
1974
ACertificates
ft
45%
■
AConv
&
102'%
41%
~7%
ACertificates
1Q
12 A
M-N
Alst
104
41
deposit
of
104%
13%
41%
ACertificates
M-N
M-S
M-N
G—
111
41A
1978
5s series
ref
&
110%
+
guaranteed gold 5s
—1945
{stamped can¬
of guarantee)
1945
Alst
44%
40%
•
4*
deposit-—
of
Certificates
A
Alst
110
19
F-A
1965
11%
109
110% 110%
& ref 5s———1974
gen
4As series
ref
&
Gen
_**——-1975
series F———1977
4s
ref 5s
Alst &
'
deposit-,—-
of
A Certificates
AGeneral
Central
Gen
3s
Alst & ref 5s series A_
•;
38 A
J-J
tMissouri Pacific RR Co—
8%
'
110%
J
,■
tNorthern Ohio Ry—
100
;
Al A
•
■
A-O
1978
Cum
110%
A-O
cellation
lien 4 As series D—►
adjust 5s series A—Jan 1967
Prior
202
'
88
110
.1950
'
A
deb 3 As*
Amer Co
North
68
■
1962
5s series A—
11%
10%
13%
85
10
■
Missouri-Kansas-Texas RRt—
Prior lien
33
10%
89
110% 110%
11
J-J
5
M-S
Debenture 3%s—————1954
4
5
68
"100
44
J-D
16
6%
3'A
M-S
J-J
1st 4$—- 1990
Mo Kansas & Texas
12
"83 %
110';
High
32
Co—
4'As series
mtge
North
19'A
J-J
1978
.—
M-N
J-J
a Gen mtge 5s conv inc*.-.,—-,_,-2014
t§ANorfolk Southern RR 5s A—1961
Norfolk & Western Ry 1st gold 4s* 1996
3 A
-
J-J
SAlst stamped 5s gtd as toint—
1946
A'1st & ref 6s series
12
Low
26
17%
.1955
(Md) deb 5'As—
Norfolk Southern-Ry
1938
—,
F-A
.
January I
No.
.1966
Niag Lack & Ont Pow
12 A
"10
1st 4'As__. .1946'
Bost
<Sc
Range Since
Sold
32%
F-A
.1967
Falls Power 3'As-__„i_.
1st 5s A_,
Niagara
Niagara Share
1938
consol
32%
J-J
1943
gold 5s
3'As series B__„_,
West
Y
5s
31A
27%
1938
SAlst cons 4s stamped
§ A 1st
1937
Bonds
High
"33 A
J-J
ctfs
31A
1st
AN
49'A
"67 A
"38
M-S
Thursday's
or
Sale Price Bid & Asked
.1937
——
gold
Y Telephone
N
108%
J-D
3As_—1941
Last
Period
1940
4 A s,
ATerminal
98
63%
50'A
gold
§ AGeneral
Paul & Sault Ste Marie
tMinn St
12
L010
:
107A 107%
A-O
.—1934
gold 4s
ft——1949
50-yr 5s series A—.1962
ref
&
A Ref
-
Thursday Week's Range
Interest
Exchange
Feb.
High
J-D
,1940
.4As—1939
AgConsol ext 4 As*
1939
fAMilw Spar & N W 1st gtd 4s—1947
f A Minn & St Louis 5s
*97
J-J
ISAMilw & Northern 1st ext
AMilw & State Line 1st
88
M-S
1st ext.-5s
of N J
A Midland
Stock
Ended
t§AN Y Susq & W 1st ref 5s_—>.
M-S
Lans &
New York
1
January
Michigan Central—
Jack
RECORD
Thursday Week's Range
BONDS
619
*N Y New Haven & Hartford RR—
36 A
M-S
34 A
3 4'A
A-O
34
34
4s
1947
M-S
ANon-conv
deb
3'As_f.——_1947
ANon-conv
deb
3'As_^—
ANon-conv
deb
4s
_1955
ANon-conv
►
deb
4s
1956
1954
36%
36%
deb
ANon-conv
r
A
36%
36%
36%
M-N
36 A
36'A
36%
36 3A
31 Ya
.34 A
31 A'
V 9
"12
A
J-J
34
25
34 A
deb
AConv
certificates
3V2S
A Debenture
Alst &
—
ref 4As series of 1927
4s
Seri:s
F
4s
guaranteed
gold_*.__1953
Series
G
4s
guaranteed
1957
31'A
34%
Series
H
3 7'A
42%
Series
I cons 4%s
49%,,
53%
Series
J
A
•11%
Gen
40%
Gen
34%
34%
J-J
41 'A
41A
42'A
149
A-O
52 A
52 A
53%
61
1957
M-N
10'A
10'A
11%
48
1967
J-D
39%
39 A
40%
153
36%
M-N
93%
93%
94
41
90 A
8
JAN Y Ont & West ref gold 4s
AGeneral
4s—
1992
—1955
Gen
8%
9%
193
6%
9%
Pitts
4%
3%
4 A
144
2ft 4A
1st
N Y Queens
N
Y Rys
1st
cons
gtd 4s
El Lt & Pow 3 As
Corp
For footnotes
1st 3As
see
page
A-O
620.
_1958
44
A
31
45
110% 110%
J-J
J-J
45
M-N
1963
prior lien 6s stamp
N Y Steam
1993
„1965
"105
108
105%
107% 108
/
1
41 %
110
45
110%
Steel
Va
&
&
Iron
1st
1st mtge 4
106%
1st
mtge
--
* '
M-N
J-D
A-O
J-J
1st
,
--
"120
58%
A-O
—
C—_____—1960
A-O
58%
119%
99
*_
—
—
•
58
"59%
58'A
5878
59 A
4
108'%
7
105
108'%
33
100
103'A
9
95
18
96%
98%
100
99
100
—
58
119%
119 A. 120
-~
103
107 •a 108 a
102% 193A
96
96 /4
98% 99%
"98/a 100
*
108'A
103Vst
96%
1959
'As series B___;
4 As series
,
J-D
—1950
gtd
1st 4 As series A
"112% —
"120% 122
—
ft- ft-
1958
4s
1952
*—*1950
"111%
-ft
F-A
F-A
1943
4 As A
4As
,
—
M-N
M-S
J-D
J-D
M-N
conv
mtge
Char
W Va
105%: 105%
108
J-D
***1963
mtge 4 As series B
Pitts
Pitts
.
cons
&
—
*
guaranteed 4s____1960
guaranteed 4As—1964
mtge 5s series A_
*—*1970
mtge 5s series B
,**1975
4%s series C*.
1977
Pitts Coke
9%
J-D
'
N Y & Putnam
95
M-S
cons
"105% —, ,
ft-'"
-ft"
--
36%
J-J
V
M-N
F-A
36%
1956
_1954
gold
1945
1949
guaranteed*****-
32%
JAHarlem River & Port Chester—
1st
4s
33
46
1948
4s
D
Series E 3'As gtd
74
34
1940
6s__.
§ACollateral trust 6s-—
Series
60
'
^Debenture
Pittsburgh Cinq Chi & St Louis—
3
55
60 A
53%
14
60'A
53%
60%
THE COMMERCIAL &
620
BONDS
Feb.
Ended
Week
Interest
Exchange
Stork
York
Period
12
Thursday Week's Range
Last
or Thursday's
Sale Price
Bid & Asked
Low
El
108 Vi
J-J
1st gold 5s
ref 5s series
&
Gen
2000
_1951
J-J
97
106'/b 106%
__
—1957
70
70%
A-O
70 Vs
69%
70%
97
67%
J-D
70'/a
70
70%
101
67%
1964
M-S
1960
J-J
64
63
64
36
Jan 1960
A-O
26
25%
26
impt 3%s__1960
J-D
88%
88%
95__
96
32
Pac Ter 5%s A—
Tex Pac Mo
109%
97%
Tol & Ohio Cent ref &
10%
Toronto
M-N
-7
110% 110%
"l
110
Third
Ave
AAdj
110%
106%
Ry 1st ref 4s
*105% 106%
__
income 5s
Louis &
145Vi
*218 %
__
111
111
18
110%
1st
4s
——1950
A-O
gold 4s„1946
Gas & Elcc 1st gold 5s
1949
J-D
Buff
1st;
373
104%
16
104%
92%
92%
92%
43
81
82
98
80%
81%
68
103% 103%
11
J-J
81%
.1971
M-N
.1945
A-O
88%
82
.1959
F-A
.1967
J-J
—1947
J-J
debentures
1st
81%
78
.
land
&
grant
4s
102%
101% 102'A
11
101%
104%
104% 104%
28
104%
1Q5V'8
1021/a
101 y.
102%
23
101%
102%'
100 V:
IOO1/2
10
IOO1/2
100%
31
M-S
'110
95
317
Canal
99%
971/8
99%
107%
107
107'A
36
106%
107%
106%
106%
*107
A-O
1955
__
97%
13
991/4
96'A
62
97
M-S
,99
M-N
1 1943
M-N
May 1 1949
M-N
*101
101%
101% '101%
1 1949
M-N
*101
101%
101
May 1 1950
M-N
*101
101%
M-N
*101
101%
*101
101%
98%
*11
M-S
■,1.125s
2.05$"—
—
1091.':-
23%
24%
——Nov
.
.___
2.10s,
<
25%
126
_
9
J-J
10'/a
10 y8
10%
J -J
11%
10%
11%
29
lO'A
'
—.
._-._L-_._Nov
2.15s
___—
—1
Nov
;_i_L
May 1 1952
M-N
1 1952
M-N
M-N
*101% 102
2.50s
M-N
102
May 1 1954
M-N
A
99
J-J
*107% 108
*101
;_____Nov
—_
*52
55%
55%
55%
United Stockyards 4%s w
55%
55%
Utah Lt
Utah
ACertificates
of
deposit
L
Pub Serv
1st
St
L
Rocky Mt & P 5s stpd
mtge 5s
—1955
77%
J-J
M-N
*102
5
78%
w_——1951
iiCertificates
lien
A Prior
of
series
5s
ACertificates
A Cons
of
46%
44
M 4 Vis
98 Va
98%
98%
16
98%
99
40
98
1
91
98%
•
99
26
73
75
24
1,273
19
24
23%
Va Elec & Pwr
33
-
Cons
F-A
*109%.
—1957
M-N
*108%
series B—_1968
m-s:
f 4s series B__
s
3%s
21'%
23%
128
18%
24
26%
1,103
20%
26%
Va Iron Coal & Coke
25%
32
20
25%
24%
26 »/8
1,316
19%
23%
25%
104
19%
Virginia Pub Serv 1st mtge t3%s_i.1972
Va & Southwest 1st gtd 5s—.
2003;
1st cons 5s
1958
26 '/8
<
251/2
.
__
110% 110%
M-3-
>80
F-A
1st gold 5s__1949
82
*92
J-J
A-O
108%
80
104%
92
93
75Vi
75'/2
M-3
-1966
HG'A
*104% 406%
110%
,80
105%
92
17
72'A
76
47
76
108% 109%
108%
110
Louis-Southwestern Ry—
{St
1st
bond
4s
2d 4s
a
certificates
bond
inc
—1989
ctls
Nov 1989
;
5 A 1st term & unifying 5s
A Gen
ref
&
•
•
89
gold 5s series
J-J
A—-1990
J-J
30%
1
85%
92%
7
67*
721%
51%
7
46%
52%
301/2
50%
'i9%
50%
89
J-J
89
70%
M-N
1952
31 Va
91
27%
321/4
W
Wabash RR Co—
•
Paul & Duluth
1st
cons
gold 4s_1968
J ASt Paul E Gr Trk 1st 4V2S
Union
Paul
1947
K C Sh L gtd 4 Vis
f § ASt P &
St
-
91%
74'i
Virginian Ry 3%s series A
St
95%
97%
98%
25%
M-3
stpd
102
931/2
F-A
25%
—1978
series A—
ACertificates of deposit
102
47
91%
21%
—
J
A-O
26%
j-J
—-—1950
B
deposit
.
13
95%
1944
23%
;
94%
ref 5s__i^__1944
&
Light 1st 5s__
23%
deposit
102 «/8
83
46
23%
—
951/4
A-O
Vandalia RR cons g 4s series A_—1955
{A St L-San Fr pr lien 4s A_
102
102
1021%
*102
M-N
101'/2 101%
101%
84
83
&
74Vi
•
74%
J-J
—1950
95
1st
& Trao
Power
91%
46
J-J
M-S
——1959
83
82
_
JASt L Peor & N W 1st gtd 5s_—_1948
St
82
82%
M -N
1933
1 1954
May 11955
Nov
—
2.65s
Iron Mtn & Southern—
tjRiv & G DiV 1st gold 4s
1950:
107%
65
55%
A-O
101%
101
*101% 101%
May 1 1953
.___i_^_Nov: i 1953
1
"
ll'/a
10%
107
101% 101%
4-0
J-J
-—1996
102
*99%
2.35s :
,
2.60s
6s
102
*99%
2.20S
25%
22
3
1996
97%
98% 100
2
102
102
2.55s
gold 5s
94%
A-O
M-S
■
M-S
1947
100
Corp—
1.00s
M-S
1966
109%
97 'A
44
debentures
Serial
,
1st 4s
107%
57
99%
99% 100
99%
—1944
i
Steel
States
United
33%
2.45s
Island
102
—.May 1 1943
RR &
2.40S
Saguenay Pwr Ltd 1st M 4Vis__.
100%
85
108% 109
,
J-D
1952
124%
124%
.
10
102
102
—1953
67%
27
'124'%
M-S
3%s series H__
I—.
111
103%
5
66
66
58%
66
33
,64%
65 V4
33
2
66
66
J-D
110%
103
12
*6%
'
A-O
106%
•
—
U N J
J-J
105%
103% 103%
M-N
1971
—1980
102%
M-N
—
__
*111% 113%
103%
A-O
—1970
1031/2
102%
M-N
1956
.I960
Brass 3 Vis
1967
—1967
Gen ratge 3Vis series J—
—1969
t§AR I Ark & Louis 1st 4Vis
-1934
{ARut-Canadian 4s stpd—.——1949
t§ARutland RR 4Vis stamped
1941
gold
96
Pacific RR—
Union
M-N
Gen mtge 3Vis series
Louis
88%
91
100% 100%
93
78%
.
F-A
{§ ARio Grande June 1st gtd 5s_—1939
JgARio Grande West 1st gold 4s—1939
A 1st cons & coll trust 4s A
,-1949
Roch Gas & El 4Vis series D———-1977
2d
27
87%
U
5s—
—
mtge 4Vis series C
*116
*106%
Electric Co of Mo 3%s
Union
3s
ATO
Republic Steel Corp 4Vis series B__1961
Purchase money 1st M conv 5%s 1954
M-S
1953
{§AUnion Elec Ry (Chic)
Union Oil of Calif 3s deb
J-J
96
J-J
Tri-Cont Corp 5s conv deb A
106
J-J
St
21%
11
*100% 101
111
104 i/e
1997
1st
66
221
"l
A-O
1956
Adir
104
63
1451/2
221
West
&
Ham
Trenton
J-J
deb 3Vis
&
71%
103%
106%
1451/2 1451/2
J-D
—1948
f deb 5s
77
*106% 107%
Gen & ref 4Vis series B_:
Lawr
71%
711/2
70%
1979
1980
series
95%
9%
82
St
68
C
5s
92%
R
Grand
High
106%
55
ref
106%
*80
110%
J-J
Reading Co Jersey Cent coll 4s—1951
Gen & ref 4Vis series A
—1997
Jos &
Low
101%
23
.
ref 5s series D
Tol St
J-J
St
January i
No.
&
108%
97%
9%'
9 %
M-N
M-S
Gen mtge
,
Range Since
Sold
High
*109
Terminal 4s____—_-1956
3Vis—..—1968
1st & ref mtge 3s—
—1972
1st & ref mtge 5s
.
2037
1st & ref mtge 8s
2037
Public Service of Nor 111 3 Vi si—1968
Gen
A-O
Bonds
Thursday's
Bid & Asked
&
90
96
921/a
*109%
t A Providence Securities 4s
Revere Copper &
J-D
1977
B
—
*106
J-J
t A Providence
Rand
& Pacific
Texas
106
917 8
92 ya
M-S
Public Service El & Gas
Remington
or
Low
J-D
F-A
Pressed Steel Car deb 5s
s
Sale Price
High
108%
—
Last
Period
13
Feb.
Gen
—1977
3 Vis—
Purity Bakeries
Low
No.
Thursday Week's Range
Interest'
Exchange
Stack
Ended
Week
1
Gen
*118%
F-A
—1950
1st
Pwr
1st mortgage
BONDS
January
Sold
York
New
Range Since
Bonds
J-D
M 3Vis——1966
extended to
1st 5s
Potomac
*108%
J-D
Young & Ash 1st 4s ser A—1948
1st gen 5s series B
__1962
1st gen 5s series C
_—1974
1st 4Vis series D
-1977
Portland Gen Elec 1st 4'/2s
—1960
Pitts
High
Monday, February 15, 1943
YORK BOND RECORD
NEW
New
FINANCIAL CHRONICLE
1941
*80
J-D
—1971
M-S
—1989
M-N
V
Scioto
&
{Seaboard
§ A 1st
E
N
1st gtd
4s__
17
101 Vi
10iy2
20
104
105
*123%
123
124'/2
—
,
9%
22%
'
Air Line Ry—
unstamped
gold 4s
1950
A-O
Oct 1949
F-A
—1959
A-O
1945
M-S
6s
cons
of
of
{ § A Atl & Birm
{ASeaboard All
7
A
deposit
28
74
27%
7%
13
4%
■
<
•35
34%
8
1933
*•98
14%
17%
15%
15%
11
13%
16%
16%
16%
304
15
17%
15%
15%
15%
27
14
16%
33%
34'/a
6
31
34%
19%
201/4
26
15%
20%
17 ii
20%
16%
M-S
—1935
20
F-A
1935
17
F-A
A6s series B certificates-,
A Gen
mtge 4s inc series A—__1981
Apr
48%;
AGen
mtge inc 41/4S ser B„__
1991-
Apr
39
Oil
2 Vis
debs
1954
J-J
J-J
Simmons
—1952
A-O
1950
F-A
debentures 4s
3s debentures
99%
98%
99%
99%
*100% 1C1%
4'
43
6
40
43
103% 104
7
103
104
102
102
2
101%
A-O
—1980
A-O
& gen
106
1061/4
30
105%
106'A
123
123
5s series D
J-J
South & Nor Ala RR gtd 5s_
—1963
A-O
—i,—1962
A-O
Bell
South
Tel
Tel
&
debentures
3s
Southern
Colo
Southern
4s
1979
6s
—1947
A
coll)
Pac
"l
107%
Warren
5
105%
107%
2
103%
104%
103% 103%,
1968
M-3
56
78
57%
72%
80%
19
77
56
56%
80%
56%
80
M-S
79%
76
J-D
1977
Aug 1949
68
77
54%
58%
180
secured
Term
33/4S—
1st 4s
103
55%
M-N
551/8
55
56
302
53%
56%
1981
——
Gold 4%s
56%
—1969
;
——
Gold 4Vis-.
M-N
54 Vi
541/8
55
196
52%
55%
J-J
95%
951%
95%
157
93%
961%
A-O
901%
89%
90%
42
87%
91
J-J
79%
78
80
241
70%
Gen
mtge 3V2S-..
Penn
1st
mtge
Power
Pac
Southern
RR
1st
Ry 1st
97
95%
97%
180
92
97%
—1950
ref gtd 4s_— ._1955
cons
gold 5s—
-1994
&
gen
-1956
A-O
72
72
72%
183
68%
Western
1st
&
gen
6s-.
-1956
A-O
90
90
90%
15
87%
&
Maryland
ref
Devel
&
gen
6Vis
-1956
Mem Div
St
Louis
1st
,1996
gold 5s
Div
1st gold
-
4s
.-1951
1964
1st
&
ref
3s
series
C-
-1968
A-O
94%
94
94%
80
S2
Western
86V2
85%
86%
•13
84
86%
J-J
91
90%
92
■■■
5
*111% 111%
J-D
89%
93
106
1071/4 107%
10
45%
9
41%
103!A 103'A
2
102%
1961
J-D
105
105%
38
105
106
-1953
J-J
104%
IC41/2 104%
80
104%
104%
J-J
101%
101% 101%
8
101%
M-N
103%
M-N
102%
*119% 129
*108% 109%
90
*1041/8 106
J-D
33%
104
119% 119%
108%
109%
110%
*1111/8 111%
J-J
109'A
196
109% 109%
A-O
92
J-J
93
981/4
92%
99%
100'A lOO'A
204
111
84%
93
17
95
99%
2
100
A-O
M-S
40'/a
40
41%
73
M-S
40
39%
40%
104
Union Teleg gold 4i/uS__,—1950
M-N
92
Q1
Q">
Vi 100,^
36%
41%
36%
gold
5s
90'A
91%
76
87%
86%
87%
116
101% 101%
15
M-N
J-J
2361
Registered
8
91
M-S
2361
1st 4s guaranteed
West Shore
84
J-D
—1951
1960
1951
—
47
41'A
7'A
83
101%
92
911%
87%
101%
48%
49%
49%
88
43
49 %
46
J-J
46 %
40
41%
461/2
Va
West
Pulp & Paper 3s_;
1949
Conv
89
104
109%
__
109%
89%
31
88%
90%
1966
1st
106% 106 Vi
3
104%
106%
A-O
1031/4 1031/4
2
103%
104
J-J
115% 115%
2
114%
115%
1949
J-J
171
47%
51%
49%
1936
M-N
A-O
110%
deposit
of
5ASu & Du div & term
ACertificates
of
1st 4s
deposit.
Wisconsin
Public Service
49%
49 %
50%
47%
47%
3
47%
16'A
16
161/2
65
14%
110% 111
3
110Vi
111
1968
5
107
107%
J-J
107% 107%
1943
J-J
*15%
Conv deb 4s
1948
M-S
1st mtge s
1960
M-N
3y»S——1971
1st 4 Vis
17 'A
16'A
______
Elec Power 3%s
Wisconsin
89
47%
1st 4s^
ACertificates
J-J
1960
4s
JAWisconsin Central
M-S
1947
1st M 4s A—
3%
deb
*10.9%
M-S
1955
Wheeling Steel 1st 31/2S series B
Wilson & Co
103%
*103% 104
J-D
—1954
Wheeling & Lake Erie RR 4s
20
Youngstown Sheet & Tube—
103'A
Wt
•
103
■
105%
103
•
3
a
J-J
*121
F-A
*105% 105%
.1953
J-J
J-J
.1950
—
-4
90
'
A-O
1965
M-N
1943
J-J
lll'A 111%
103% 103%
F-A
1959
121%
—
106
—
90
90 %
120
121%
105%
1
110%
111%
2
103%
103%
11
89
90%
105 % 105%
7
1051/s
105%
1061/4
16
105%
106%
1011/8
101%
106
*101'A
—
—
in
delivery
sale
the year's range,
not included
105%
f 31/4S series D_
Deferred
included
.1974
103 Vs
104
105%
,
*105
1951
3s
31
33%
88
104
1946
25-year
102%
105
.1944
f
*32%
103%
43%
T
s
91
94%
102% 104
45%
103%
J-J
-1961
refund
25%
107%
107%
Apr
F-A
-1956
Gen
3
,17
gold 4s__
1943
1st 5s ser A___1946
gen
111%
-1945
debenture
91%
103 %
*91
104
M-S
A_—__—1977
5V2S series
JAWor Si Conn East
111%
-1966
2%
91
103
91%
J-D
1952
30-year 5s
Westinghouse El & Mfg 2'/8S
95
J-J
-2013
Standard Oil N J
1st 4s!
A5s assented————
91
A
28
25%
F-A
31/2S series I_______—1966
JAWestern Pacific
72%
Devel
series
27%
1
F-A
1st 5s E__:__—1963
Winston-Salem S B
Devel
4s
2 8'/a
>
.4.
Q-M
stpd gtd__—_1950
———1967
Westchester Ltg 5s
26%
__
28
*25'
F-A
3%'sr_2000
49%
40
80%
J-J
—1940
57%
:
South
gold
1st ref gtd
RR
Washington Central Ry 1st 4s__^L_1948
Washington Term 1st gtd 3V2S__;il945
1st 40-year guaranteed 4s—____1945
87
44
34
*25
__
M-S
.
83 Vb
60
256
299
108%
107i%
107 Va
1949
Gold 4 ViS-
Fran
107%
Co—
(Oregon Lines) A
10-year
108% 108%
J-J
registered
1st 4%s
*123
J-J
•.
Power
Pacific
(Cent
4s
3%s
—
106 y8
A-O
Walworth Co 1st mtge 4s
_____1955
/Warner Bros Pict 6s debs„__—____1948
West N Y & Pa
Socony-Vacuum Oil 3s debs—1964
/ 28
.
49%
40
102%
43
F-A
104
*26%..
F-A
ARef &
5s series B„i„
...—_1976
gen 41/2S series C_—___1978
.
38%
■
ARef gen
100%
'
2%s sinking fund debentures—1961
{§ASilesian-Am Corp coll tr 7s
-.1941
Co
991/4
99%
46
.48.
M-S
ref & gen 5 Vi s A—.1975
t A Wabash Ry
West
Union
Skelly Oil
29
33 %
7
16%
—
1st gtd 4s
Fla 6s A ctfs
33%
32
■
'
16%
deposit
series
ACertificates
32%
15%
SARefunding 4s—
ACertificates
32%
A-O
—1950
gold stamped—
AAdjustment 5s
Shell
21%
104% 105
105
6%
ARef
§ A4s
A 1st
10
197
*10iy2 102'%
A-O
1952
20%
21%
F-A
Depot 3 Vis B
Schenley Distillers 4s s f deb
9%
86%.: 86%
86Vi
J-J
4s series A—*—___—1971
1st mtge
—
9
J-J
in
not
n
102
97%
101% 1021/4
70
101%
103
97%
34
97'/a
99
971/8
included in the year's range,
d Ex-interest, e Odd-lot sale not
Under-the-rule sale not included in the year's range,
r Cash sale
the year's range.
'
tThe price represented is the dollar quotation per 200Accrued interest payable at the exchange rate of $4.8484.
^Negotiability impaired by maturity.
pound unit of bonds.
■
{Companies reported as being in bankruptcy, receivership,
Act. or securities assumed bv such companies.
or
reorganized under Section 77 of
the Bankruntcv
{Thursday's bid and asked prices;
ABonds selling flat.
no sales
being transacted during current week.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
621
NEW YORK CURB EXCHANGE
WEEKLY
and
NOTICE—Cash
in
footnote
a
deferred
the
in
week
in
AND
YEARLY
RECORD
delivery sales are disregarded in the week's range unless they are the only transactions of the week,
which they occur.
No account is taken of such sales in computing the range for the year.
and
when
selling outside the regular weekly
range
are
shown
.
In the following extensive list we furnish a complete record of the
transactions on the New York Curb Exchange for the week beginning on
Saturday,
6, and ending the present Thursday (Feb. 11, 1943). It is compiled entirely from the daily reports of the Curb Exchange itself, and is intended to include
Feb.
security, whether stock
every
bond, in which
or
dealings have occurred during the current
any
year.
MMIilJIMHIBlWffigHWBBailllllllflllll 8BBBMW
STOCKS
New
York
Week
Curb
Feb.
of Prices
Sale Price
Loxo
Par
Acme
Aero
Wire
Co
10
common
Supply Mfg class A
Shares
Low
J-
17
•
'
; 17
.
High
Curb
Thursday
Feb.
Week's
12
Sale Price
(E W)
Blue
17
for Week
of Prices
Par
Bliss
Sales
Range
Last
Exchange
Ended
J
Jan
19
Feb
York
Week
Range Since January 1
High
...
1
STOCKS
New
for Week
Range
Last
12
Sales
Week's
Thursday
Exchange
Ended
L010
1
common.
xl3%
B
1„
Ainsworth Mfg common
Air
Associates
Inc
1%
__
$3
6%
Jan
5%
1,000
5%
Jan
6
Feb
Blumentnal
5
Jan
6%
Feb
Bohack
1%
5%
,
1
4%
Jan
1%
Jan
7%
2%
Jan
6%
..
800
Jan
1%
X42%
'4
LOW
13%
43%
8,800 '
1%
1
common
Jan
13%
Feb
6,400
Yi
Jan
1%
optional
convertible
iS)
•
Co
&
(H C)
preferred
Feb
200
38%
Jan
43%
Feb
Co
•
8%
common
9
3%
2,400
6
Jan
9
Feb
300
3%
Feb
3%
Jan
50
3%
46%
Jan
50'%
Jan
Jan
28
'
Aircraft
Air
Accessories
...—50c
Corp
Investors
common.
2
Convertible
preferred
—
.
~2 A;,;:
—
1%
Jan
27%
Jan
200
10
•
100
Borne Scrymser Co.
Bourjois Inc
Feb
29
1st preferred..
49
49
,_25
49
26 "
27
100
23
•
Warrants
Electric
Air-Way
Alabama
Great
Alabama
;
.
$6
Bowman-Biltmore
-
$7
50
preferred
Alles
Inc
Allied
103
Products
'
—
1
common
Investment
$3 conv pfd
75%
Jan
Jan
105 %
Jan
Brazilian
Jan
Breeze
91%
•
2
Jan
1%
Jan
98
"3"% Jari
Jan
26
600
24%
Jan
26%
50
24%
Jan
25%
Jan
6%
1,000
1%
2,500
%
Jan
1%
Feb
13%
6,000
11%
Jan
13%
Jan
1
8%
8%
9
400
7%
Jan
9%
Feb
;
_„1
4
3%
4%
2,400
3%
Jan
4%
Jan
3
3
1,300
2
Jan
3%
Jan
65
65
10
61
Machine..
r3
_•
100
3V*
•
B
2%
6%
113
common..
preferred
...
Aluminum
Goods
Aluminum
Industries
Ltd
Aluminium
6%
Mfg—
__
108 '2
;
14 %
/.__//
*
103%/
8%
Book
.1
American
Box
American
__
Co
common
Feb
109%
Feb
1
23
Jan
7%
Class
Feb
British
American
Feb
British
American
106
Jan
105
Feb
103'/2
100
20%
Feb
n
^4 Jan
80
23
Jan
Am
Am
5%
5%
100
4%
Jan
5%
1%
100
%
Jan
1%
Jan
.%
%
200
83%
83%
50
Brown
,v
.
Common
$3
class B
10c
preferred
$5.50
American
Cities
Convertible
&
Power
class
■
■/"
^1
6%
6'%
Light—
A
Class
A_____._
Class B
24
.25
...
American
Cyanamid
class
-
/
10
;
10
■
Feb
$6
Feb
6%
Jan
21%
Jan
49%
Jan
10%
10%
100
10%
Jan
11
Jan
30 %
Jan
31
Jan
14%
Jan
14%
Jan
12%
Jan
13%
Jan
11%
Jan
12% Feb
1%
Buckeye Pipe
850
15%
J an
23%
Feb
Buffalo
IV®
V5/8
6,200
38%
39%-
4,100
i9o-;
1,600
,
(EL)
Feb
A
1%
Jan
Feb
Jan
39
Jan
$5
37%
Jan
40%
Jan
Bunker
Feb
Burco
Co
300
/
2
2
2%
600
2%
2
;/7%
~7%
/, / 6%
Jan
1%
Jan
12 %
.1
Jan
400
-
1,500
"!%'
700
5%
80
"l
1
■:
14%
y: 14%
"9%
5
"9%
14%
2%
3
Jan
7%
Jan
100
14%
B
non-voting__
American
3914
Foreign' Power warrants
Jaw.
Hill
Inc
Burma
Fork
American
'
4% %
common...,...*'/
& Hoe
Gas
'American
&
preferred
•American
Corp
common
preferred.™;
$2.50 convertible preferred..,
Hard
Rubber
American
Laundry
American
Light
13%
23 Va
23%-
103
10c
/. ;
14%
Jan
.1*
Co..
12
Jan
13%
Feb
Burry
~9% /.
£
25
13
12%
Jan
24%
Feb
Butler
(PA)
4
4
175
93 Ve
Jan/
300
32
•
-
'33
103
6%
Feb
Jan
9%
Feb
87
85%
88%
10%
10%
11
Jan
28%
Jan
33
11,400
10%
Jan
13%
Jan
82
950
Jan
90%
Jan
Jan
xll%
Feb
,V Jan
%
Feb
1%
Jan
25
35
16
16
16
Feb
100
13%
Jan
21%
21%
200
20%
Jan
21%
Feb
Voting
13%
14 Vs
1,900
13
Jan
14%
Feb
Caiamba
25%
25%
25%-
200
25%
Feb
Jan
California
28
28
28
100
26
Jan
28 %
Jan
Callite
80
Jan
80
Jan
Camden
Jan
Canada
.
Cable Electric Products
6%
preferred
Mfg Co
...
100
common
Preferred
100
Co—i
Maracaibo
American
Meter Co
American
Potash
American
American
--
1
_•
—
Chemical
&
"~A '""v2
A
23
•
Republics—
'■•/
23%
50
•
%
4,100
50
25
8
1,000
10
7%
45
Jan
%
Jan
23%
Jan
20%
200
X26
50
Feb
Seal-Kap
American
1st
2
common..:
Fire
Superpower Corp common..*
preferred
$6
Canadian
Feb
1%
$6 series preferred
American
Thread
American
,
5%
preferred
Paper
Fence..^.
Post
common
Natural Gas common...
class
Common
6%
preferred
Arkansas
Aro
Art
A
Oil
&
4%
.1
*
■V
9%
100
104
_•
*
2%
95/8
5
Refining Co.i_.__.
Breweries
Jan
Class
A
B
%
Jan
Jan
Feb
Jan
5%
Jan
3% Jan
Jan
3
Feb
Capital
2
Jan
//' 2%
Feb
Carman
1%
Jan
2%
Jan
700
8%
Jan
160
97%
Jan
1,100
1%
Jan
9%
1,000
1%
Jan
Feb
7%
,;'V
9% Feb
Feb
$6
I ff-
5V8
5
1,600
dep
of
rects
Canada
___•
;
£1
reg
2%
Jan
Atlanta
&
Birm
class
Coast
RR
Coast
Atlantic
Coast
9%
Jan
Carter
(J W)
91 %
Jan
Casco
Jan
12
Jan
Castle
(A M)
Jan
6
Jan
Catalin
Corp
Jan
5%
Jan
Central
Hudson
Jan
12%
Jan
Central
Maine
New
Ohio
Power
Atlantic
Rayon
Atlas Corp
111% Jan
Corp
3
%
3%
1
%
Corp
1
Voting
Automatic
16
25
Collieries
Jan
111% Jan
4
100
Jan
Jan
Jan
Jan
6
300
2%
Jan
3%
400
2%
Jan
Feb
'■
6
2,000
4%
Jan
Feb
60c
%
Jan
17%
Jan
47
5%
Jan
•
I/?"
/
45
A
16
47
41
80
Feb
Feb
5%
&
Jan
B
.
$6
to h-»
21%//'
Purchase
7%
warants
Baldwin
Rubber
Barium
for
common
$1.20
Basic
7 %
common
1
1st
A
$6
22
3,600
2%
Jan
350
29%
Jan
Jan
■
5
800
3%
Jan
4%- Feb
1%
4,800
%
Jan
1%
llVa
4%
4%
500
Feb
L-.
''
■
1
■//
.
Service
Auto
&
Neon
&
1
Coal
&
4 %
■
~4%-
/
200
Colon
Fuel
Feb
Beaunit
Mills Inc
$1.50
Beech
Bellanca
Bell
Tel
Benson
common
&
Inc
Jan
Jan
8%
1,600
8%
Jan
9%
Jan
1
common
4
3%
4%
3,800
3 Vb
Jan
4
%
Feb
60
115%
Jan
122%
Feb
100
common
common
footnotes
see
'
1
&
Patent
new____:._____l
page
625.
%
Columbia
Oil
••
•
'
6%
3%
6%
3%
•
„
200
25
17
100
15%
Jan
Feb
Feb
Feb
Feb
17
.
..
Jan
3%
Feb
7%
6%
7%
1,800
6
Jan
7%
Feb
114%
90%
86%
520
90%
106
106
>-
Jan
114%
84%
;
,-y'y4
50c
8
A-
Jan
90%
.7%
Jan
8
Jan
Jan
106
Feb
104
125
%
f
4
11%
91%
91 %
%
%
Feb
9
Jan
Jan
IV*
Jan
275
'
-
80
64
6
•
68
%
5%
Jan
'11%
Feb
91%
Feb
68
Feb
Feb
%
Jan
5%
Jan
5%
Feb
Jan
is
Jan
525
9%
Jan
11%
17,100
3%
Jan
6%
Jan
1,950
51%
Jan
69 %
Jan
100
4%
Jan
6%
Jan
63
/
5%
5%
"9%"
10
Jan
Jan
9%
150
50
••
A
68
'•
Jan
Jan
4%
4%
10%
88
Feb
A
1,300
/..-;
Jan
7%
700
8%
Vz \
■; ;,v/.,; 8/;.:i
-
10%
10
preferred
200
Ak;:'
10
6%
6%
69
65
6%
6%
..
■
■
.
Jan
56
85
.
10
48
Jan
56
Jan
30
76
Jan
85
Jan
Jan
85%
4%
Jan
5%
Feb
6%
56
85 //
56
*
Feb
6%
Jan
Jan
14%
Jan
%
Feb
13
.1
Inc
1
Mfg
%
34
•
Co...
32%
:
2,000
Jan
Feb
575
34
29
Jan
6
Jan
9%
Jan
7%
Jan
8%
Jan
34
9%
2,600
8%
8%
100
3
2%
3 Va
7,200
1%
Jan
3'/e
Feb
4%
3%
4%
2,400
3%
Feb
4%
Jan
..■'1%
1%
1%
2,500
1%
Jan
1%
Feb
51%
Jan
55%
Feb
24
Jan
32
Jan
1
•
9%
100
x9
•
common.1.;
i_L:
*
ordinary.,
1
warrants.;.
i.JL
Arms
& Elec
5%
25
55%
53.
55%
350
preferred.100
31%
28%
32
920
%
1
2,000
Gas
&
%
v.
Feb
4
Iron
&
100
5%
5%
..10
1
Southern
v
1
25
%
Feb
Jan
1/64 Jan
warrants..
Community Public Service
Community Water Service
16%
17%
150
%
17%
%
200
8%
9%
1,000
3%
500
700
Je
Jan
Jan
17%
Feb
14
a3a
Jan
7%
Jan
9%
Feb
26%
1
Jan
27%
Jan
2%
Jan
3%
Jan
56%
Jan
■
A Feb
Compo Shoe Machinery—
V
t
Conn
c
extended
Gas
&
Jan
45
Jan
Jan
42
Jan
%
Jan
11
is
Feb
Consol
10
Jan
10%
Jan
4%%
6
Jan
6%
Feb
4 %
3%
Jan
3%
Feb
$3
to
1946
preferred
9%
*
Biscuit.
G E L
P
series
Bait
B
Co
1
common
•
preferred..
preferred series C
Consolidated
1
Coke Secur common.™.*
Consolidated
5,000
7%
2%
100
common
Fire
Gas
35%
u
Jan
..1
Illuminating
Development
33
'
■
'
JBirdsboro Steel Fdy & Mach Co com..*
Blauner's. common
_*
For
122% 122%
_•
preferred
Berkey h Gay Furniture
Bickfords
10
23
8%
'
Canada
Hedges
Convertible
Jan
Feb
8%
10
_____20
Corp
Aircraft
of
7%
22%
1
convertible preferred
Aircraft
7
6%
10%
5,600
4
Airlines
"4%
Feb
400
Jan
3%
25
Utensil
Colonial
Feb
Feb
Jan
3%
;__*
Co
Feb
4%
Feb
109
104
3"%
._5
Corp
Plow
Commonwealth
.
39%
Jan
~7%
17
Co__5
Co
Rosenberger Inc
Columbia
—
Jan
Jan
7%
-
■
$7
Lights
Aluminum
Cockshutt
Colt's
38%
106%
10
7
*
L
Lambert
Feb
Jan
Feb
11
13,300
6%
•
Electric
4%
16
Jan
Jan
102
10
"7%
5
Co
11%
Jan
vK'' 125
m
1
10
Homes
Controller
Jan
16
39%
10%
1
Stamping
Jan
»
Beau Brummell Ties Inc
Utilities
Mining
&
Suburban
Clayton
Club
H
9%
75
P
4
/•:.a-.'
Jan
8
.100
B
9%
common.....
preferred
West
Colorado
1
pfd
1%
Co
Clinchfield
4%
200
1%
~l>/4 / 10,600
1
Metal Weather Strip
Cleveland Tractor
438
10%
11
Jan
10%
preferred.100
5% pfd__100
Proaucts
Light
Feb
1%
1%
&
Feb
3%
33
3%
preferred
Cohn
common..
preferred—.../'.
2nd
3%//
32% x33
'
— —
.1
Steel..
Refractories Tnc
(L)
Jan
Mfg—
convertible
Baumann
7%
Co
Seelig
3
3Va
30
Stainless
&
19%
Power
Steel
South
Cleveland
preferred
Barlow
1,800
Jan
Feb
..*
com
preferred BB
Cities
Clark
21%
Elec
Power 7%
York
preferred
Claude
•
&
preferred......
City
Baldwin Locomotive—
Gas
A'rcraft
City
Babcock & Wilcox Co
Jan
24
1
America
01
Consolidated
$6
Feb
~1%
39
10 ;
Childs Co preferred....
Cities Service common
Feb
.1
—
& Co
Jan
15%
5%
'.-yX
3%
108. / i 108
*
Chief
3
"•
Co .common
Chicago Rivet & Mach
300
3
Feb
Jan
'
.
r-
1
Jan
17%
%
•
Chesebrough Mfg
Chicago Flexible Shaft
4% Jan
% Feb
6
23%
.
...
$7 preferred..*
Charis Corp common.
Cherry-Burrell common
Jan
29 %
%
10,600
6
16%
:'"J;-?-
.10
Patoka
Jan
3%
'
5
Ayrshire
/, 6:/-;
*
Machine.
%
lt»
•
Products
Automatic
v v
4%
warrants
Plywcod
3%
500
28
■■
Atlas
3%
50
25
24
;
Chamberlin
..1
S
24
*
Products
Cessna
....
"l
^.1
..*
A
common
Jan
A
Co
Jan-
103% 103%
Jan
Co
Fisheries
Line
1%
.100
•
common
91%
.J
pfd__100
preferred
100
Atlanta Gas Light 6%
Atlantic
Co
Corp
Central
Associated Tel & Tel
600
*
•
''
Carrier
—
Associated Laundries of America
24
preferred
4%
'
Jan
Jan
*
Carolina Power & Light
Jan
10%
400
Feb
2%
1%
•
Central
s12/// ,3
1%
1,500
-
Class B
Central
11%
Jan
3
3
2
f
Ltd—
class
12%
11%
Jan
3%
3%
2
...25
-
Products.
Co
&
Carnation
.
Electric Industries—
American
City
8%
•'
jW;
Jan
%
Jan
pfd..l00
preferred
5%
*•'
6%%
Canadian Marconi
2%
9,200
%
Jan
5
;
Industries
3%
2%
"2% ./, "2%
voting
non
Canadian
2%
104
Jan
Feb
71
9li0
.
100
%•
:
;
3
Assn
Alcohol—
voting..
800
2%
%
Foundry Ltd—
100
2%
9%
3%
s
&
2,500
104
2
Jan
32
Jan
v'ff
3%
1
Ltd
Industrial
4,500
/V
9% r 9% *
2%
Car
Canadian
60
_%
M
:
10
Corp
Insurance
Central
common
Associated
1%
103
2%
10
Associated
2%
1%
1%
3
2%
'
3%
Feb
.
400
5%
-8%
-l;
10,600
•'/'
2%
2%
Light $7 preferred.*
Corp
1
Metal Works
%
71
3%
•
&
Equipment
Ashland
non-voting
...
Power
5%
5
2
...
,Angostura-Wupperman
Apex-Elec Mfg Co common—
Appalachian Elec Pwr 4%% pfd
Arkansas
69%
*
Writing
Anchor
A
A
400
.20
participating preferred
Jan
2%
•
1
;
50c
I
Power
Cement Co
5%
///
__
Electric
Tungsten
Class
American
;
100
'
50o
common
certificates
trust
Sugar Estate
*
American
V.A
1
c
14 Vs
-
9°,a
.25c
;// / :'
21%
-
1
12%«
.
common^-^..™
Feb
25
•
i';/'^%
Jan
25
common
1,600
-
•
Feb
Jan
—
4%
20
Mach
& Trac
2.50
Feb
3%
350
%
900
33
■
v/
Corp...
Feb
Jan
7%
3,400
-
13%
•
...
preferred
Biscuit
19%
-
Feb
5
C.orp Am dep rets...
4,400
.
102% 103
4% /
^1--*;/•__
convertible
American
13%
23%
-
100
General
•
$2
1314
Electric..10-
$3
Feb
1 Vs
Power—
Sullivan
&
Jan
Jan
85
'
Class
Feb
Jan
12%
A Jan
•
new....
preferred.....
preferred
1st
'./■■V
__
1
common
Line
Niagara & East
$1.60
37%
/
12%
•
Silk Mills Ltd
24
12%-
.10s
common
common
Bruce
Jan
Jan
—
£1
reg
•
Rubber Co
5%
'
£1
preferred
15%
23%
Feb
Feb
44%
Ltd—
Brack
-
%
•
Forman Distillers
Brown
Feb
50
preferred
300
24
;/'■'•%
A..
16%
83%
%
47%
;
dep rets ord reg
A
Brown
Feb
Jan
Jan
''
I'
21%
23%
•
1
...
%
Jan
Co
ord
rets
1,050
6%
.
25
"
'
V4
12%
83 %
600
./-/■-
Tobacco—
Fence & Wire
Class
82
__
•
Mfg____i__
Central
American
.
•
preferred
prior
Oil
Celanese
Amer
Feb
1%
...
/__/.//
Feb
65
3 %
•
dep
Jan
Jan
*
dep rects ord bearer..
British
Jan
3%
2%
47%
A
.
.
900
%
common
Jan
Jan
Jan
50
Co
8%
6
86
;
Mfg
Feb
100
preferred
Brillo
14%
50
23
»
13%
100
t
N
•n
„
23
Capital class A common__10c
Board
114%'
Jan
105/ 105
100
Co
Jan
106%
1,400
8 >4
101% 104%
100
American Beverage common....
105%
1,050
108% 109%
14%- 14%
•
common
common
preferred
American
,.100
•
750
112% 114
..
6 %
A
—-
■
.
Jan
•
Corp class A
Class
Aluminum Co
2%
'
Brill
Feb
12%
Preferred
Jan
25
Jan
%
;
common
Aeronautical
Briogeport
25%
25
Feb
6%
Jan
13%
Lgt & P\vr__
Bridgeport Gas Light Co
__
26
--
A
1%
Traction
Brewster
CJ
i
V.-.
.
5
2,800
*
preferred
Corp
""%
A
_j_100
1st preferred
2d
$5
1
■;
10
„
Jan
..V
: %
—
Jan
72
102
—
25
(Mich)
Class A conv common
%
..
"l%
10
1,000
75
104
,
—
•
•
Allied Intl Investing
,/.
75
__
--V-
Fisher
&
Alliance
75
•
preferred
40
"l% ~1%
1%
3
Appliances
Southern
Power Co
•
common
Jan
6
■
/"
High
10%
■
Ridge Corp
1,400i
5
6%
5
(N J)
"
5
5
Range Since January 1
High
12%
'
Class
Shares
Gas
Utilities
100
3%
60
116%
3%
59%
,
60
116% 116%
100
106
1
3
107
3%
20
40
2,100
60
Feb
Jan
116%
Feb
103%
Jan
107
Feb
2
Jan
111
3%
Feb
It
THE COMMERCIAL &
622
Monday, February 15, 1943
FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
Thursday
Last
Sale Price
STOCKS
Exchange
Week Ended Feb. 12
Curb
York
New
Stores
Retail
Consolidated
31
4%
1,100
IV*
1%
300
1!%
7%
7%
36%
Jan
7%
3,600
5%
3%
4'A
Jan
Feb
General
Jan
Public
Rayon
Jan
General Shareholdings Corp
Jan '
7%
Feb
$6
83 'A
84
——1
——*
11 %
10%
11%
—_*
*
♦
10%
Roll k SteeL—
Continental
Varnish Co.—
Cook Paint &
Cooper-Bessemer common
S3
prior preference
Range Co
Gold Mines
Copper
Cornucopia
Reynolds
&
Corroon
_.
preferred A
$6
Petroleum
Cosden
Jan
85%
Jan
11%
Feb
9
Jan
9%
Feb
8%
Jan
10%
Feb
1,300
100
10%
2,800
37%
Jan
37%
5%
250
4%
Jan
5%
:t't
Jan
%
Jan
~1%
300
%
J mi
1%
dep
13%
400
Feb
C
W
Brewing
Co
Godchaux
'
Class
Petrol
Cork
International
preferred
convertible
""t
Oil Refining
preferred
Crystal
$6
Atlantic
Sugar—
Cuban
Tobacco
common
Lighting
Curtis
Mfg Co
Goodman
Jan
Gorham
A
Feb
Inc
4,500
15%
10%
3,100
10'A
A
2,400
32
$3
i%
100
1%
Jan
1%
3%
2,400
2'A
Jan
3%
Feb
7%
7%
400
7>A
Feb
7%
Jan
Gray
1 7b
17a
400
Jan
1%
Jan
Great
17b
25
19 %
%
200
"A
13%
5,900
22
6
13 7b
2
•
Mfg
Co
50
65
Jan
52%
20
Feb
65
Jaji'^
1057b
Feb
Jan i
103
4
Feb
Jan
Jan
Jan
32%
1047a
89%
Jan
89%
Jan
5
Jan
Jan
45
Jan
31
150
103%
103
100
300
4%
Feb
12%
..
4%
13%
3.200
12%
Jan
14
250
26%
Jan
29
300
5'%
Jan
28
29
6%
-.6%
Jan
aa
—
Feb
Feb
0%
Jan
Jan
A
17a
Jan
Jan
Feb
Jan
1%
Jan
Jan
98
Jan
96
.
A
■.'* 1%
•
10
Co.'
Non-voting
7%.
Jan
Great
Feb
29
24
—■
1%
-
1,300
1%
•.
-
.
27
29(
125
27
Feb
29
Feb
22%
24
500
2272
Jan
24
Feb
37/«
4%
Jan
5
Feb
3,300
3%
Jan
4%
Feb
4%
3%
100
preferred
Jan
75
Feb
Jail
129
50
132"
131
677a
725
75
72
74
131
stock.;
common
;
Tea—
Greenfield
1st
.1
.5
a
_
Pacific
k
132
Feb
P'eb
6
2
Feb
13%
29
6%
*
4%
4%
4%
50
-
—
common.
Atlantic
Feb
Northern
30%
31'A
7%
25
•
Grocery
common__25c
Gulf Oil Corp...
25
Gulf States Utilities $5.50 pfd
*
$6
preferred
♦
Gypsum Lime & Alabastine
*
Paper
Tap & Die.
Stores Products
2.50
5
common
(Mo)
63%
105% 105%
.,
.1
Grand Rapids Varnish
13%
Jan
1%
Mfg
Feb
Feb
11
500
2
2
.
Feb
*
—
Mines
class A
%
Jan
12%
.
22
Jan
%
22
:•
—
Feb
"l%
'
"%' Jan
5,200
1%
Feb
1%
3 7b
3%
Mfg
Inc
\-
_
preferred
Gorham
•
10
5
common..,
Cuban
Curtis
Feb
10%
217a
%
25c
25
A
Drug Co common
Crown
21%
Jan
Jan
19%
10 %
—_5
Cent
Crown
40
%
—
_*
—
Consolidated
Jan
7b
•
s.
(Md)
Crown
Jan
/-'-
!
preferred—a
•
Milner & Co—
Crowley
30
3%
*
Sugars class A—
Goldfield
J an
10%
.
Coal
B
6 %
21
1
_
71
10
45
Alden
Glen
Jan
♦
common.
Co
5%
5
Liquidating Co.—
Croit
(AC)
Gilchrist
$7
Petroleum
Creole
>
-Jan
40
Preferred
Feb
16%
Jan
——;
preferred-
Gilbert
Jan
2
|ff Jan
7,300
16'A
81
Jan
79
2
lVa
15%
(ord reg)__£l
receipts
.*
*
.—*
preferred—
Feb
61
A//7;
;
.
Power $6
High;,
20
4%
preferred
$5
Courtaulds Ltd—
American
Rubber 6%
&
LOW
71
Feb
1
1%
—A ,
1%^
65
._1
com
preferred—pfd A—100
'vr—
Water Gas & Electric common—1
—
Tire
Georgia
Feb
A
Range Since January 1
High
40
—
convertible
$3
Jan
5'A
5c
1
9%
9%
5%
Gen
Feb
9 %
76
9%
•
1
50
common
preferred
convertible
5'v
Vv 30
83%
Co
Shares
71
--
stock——_——*
General
for Week
Range
Low
pfd
100
preferred—*
Feb
General
preferred——100
prior
$6
Service
Jan
Continental Gas k Electric Co—
7%
Adv 6%
Outdoor
General
1%
107
Jan
107
Royalty Oil-,—,—,-.,
10
Steel Corp
_.—•
Consolidated
125
100
preferred
8 '!c
36%
Week's
of Prices
Par
'i
High
LOW
High
Sales
Thursday
Exchange
Curb
Ended Feb. 12
Week
Range Since January 1
Shares
4
4 7»
1
—
'
34%
& Smelt Ltd—5
Mining
Consolidated
Loto
York
New
for Week
Range
Last
Sale Price
STOCKS
Sales
of Prices
Par
■-
Consolidated
Week's
,
600
2774
8
5%
Jan
31%
Jan
1,900
31%
7%
Feb
8
Feb
2
Jan
'
1%
Jan
37%
Jan
102 7a
Jan
105
Jan
10772
Jan
10.9
Jan
—
42%
43
43%
4,600
43'A
Feb
....
D
Dejay
A
Jan
12%
Feb
100
24%
Jan
29
Feb
3 7a
Jan
1%
Jan
~1%
"1%
Mfg class A common
&
Mfg
preferred without warrants
2
8%
'
■
300
:
Lamp
!
Co
Feb
Hammermlll
./A 2
Feb
Hartford
Electric
Rayon
3%
.
Jan
53
Jan
Hartford
110
10
110
110
H
Hall
50
Feb
110
Feb
Harvard
.•
Paper
Light—.
Gray
Iron
Detroit
Mich
Stove
Detroit
Steel
Products
De
Vilbiss Co
Diamond
Foundry
Co
Jan
2%
62%
Jan
Hat Corp
Hazeltine
Corp
9
Hearn
—
Divco-Twin
Truck
Co
14%
10
convertible
Jan
1
Feb
Hecla
Mining Co
2%
Feb
Helena
Jan
15%
Feb
8%
—
1,100
3%
5%
4%
Jan
Jan
8%
Jan
100
4%
8%
4%
4%
1
Co
;
25
__
Feb
Hewitt
Rubber
7%
21 %
Jan
common.,
Jan
8%
Chemical
Hoe
Jan
&
(R)
Harris
Driver
10
Co
Duke Power Co—
Durham
Duro
Duval
*
class B
Hosiery
Test
300
25
56%
Jan
64%
Feb
50
24
Jan
26
Jan
3%
1
*
Sulphur—
26
■
,
—
Co class
Holophane
Jan
67
J and
Horder's
—
•
common
Corp common
Texas
—
1V4
9%
9
:
1,000.
2%
Jan
3 7q
A.
17a
Jan
1%
Feb
8
Jan
Consolidated
Hollinger
Feb
2,000
3%
1%
9%
3
—
Co
;
—
East
4
Gas
% e/e
67c
Fuel Assoc
&
*
common
prior preferred—
34
34
Malleable
Iron
,
974
Jan
42
25%
24%
25 74
&
Jan
2%
Jan
Jan
36 %
Jan
474- Jan
5%
31
6,000
5%
Eastern
$7
States
Corp..
preferred series A.
$6
S5
"•
24
24
t
v
Jan
Hummel-Ross
Feb
Hussmann
Washing
Electric
Bond
Machine
B
Share
&
Power
Option
Feb
Huyler's common
Feb
preferred
Hydro-Electric
Securities
Hygrade Food Products
V
Jan
Ui
Feb
'
18%
Feb
18%
2,975
10 74
Jan
18%
35%
36%
240
31%
Jan
37%
2%
4 74
Feb
t
for
c
1st
& Light
Electric
Power
Emsco
Derrick
Equity
Corp
_
800
42
Jan
53
43%
Jan
56%
Jan
24
7%
Jan
10
Jan
14
12%
100
11%
Jan
12%
Feb
86
225
75
Jan
86
Feb
207a
10
10
12%
83%
18
207a
15%
Jan
20%
Feb
56%
3,800
10
14
2,650
1
1,800
6'A
100
4,200
100
92
90%
••
•"•7
26%
6
6 78
.100
participating stock.
—5
& Equipment
common
,
10c
.1
Pipe
Line common
■:
.
32
Jan
Feb
...
l'rt
2,900
4%
Falrchild
Aviation
Fairchild
Engine &
Falstaff
•
•.
■
674
Mfg
—
Co
Florida
_
Feb
Power
Motor
A
3.-4
2974
2974
2%
'
6,200
■Vtf
Jan
1,100
22 74
Jan
30
Feb
1,200
274
Jan
3
Feb
50
"%
>
30
3 74
28
28
7 7b
25%
Jan
28
Feb
7'A
200
%
7
77b
Jan
7
T/o
Feb
k
8%
7%
8%
1,900
7%
Jan
8%
rets
Jan
Jan
20
30%
u3 %
Jan
a
3 %
Jan
23 74
Feb
25%
Jan
62%
64
113
3,100
64
—
3%
5
*
1
1
-
-
16%
Jan
60
Jan,
64
Feb
Jan
3%
Feb
Jan
"%
Jan
8
Jan
10%
1
Jan
1%
Feb
3%
250
„
:
Jan
4%
Jan
3
A
'
__
4%
4%
Jan
113
Jan
5,700
10%
10
A-
.; 3%
Jan
14%
800
""%
37a
Feb
Jau
'—4*
.5
200
P'eb
2%
2%
7,400
1%
Jan
2%
7%
10
5
60%
5
60'A
Light $7 preferred..*
'
12%
60%
87%
87
£1
A
of
3%
3%.
Class
B
•
voting
Worth
Yards
Indus
Foundation
Engineer—
$1.50
preferred
(Peter)
Franklin
————
Brewing
Co
8%
Feb
13%
Jan
International Safety
20
57%
Jan
Jan
International
150
1,500
conv
81%
Jan
61
88%
Jan
B
Class '
3% Jan
•
3%
Feb
$3.50
stock
_
preferred
15%
Jan
19
Feb
1G%
Jan
18%
Feb
Jan
15%
Jan
Power Co
100
1%
Feb
1%
Feb
Amer
Jan
15%
2%
500
2%
Jan
2%
11%
Feb
11%
Jar,
20%
Feb
9
Jan
10%
Jan
Jeannette
29
Jan
32
Jan
Jersey
45
15
20%
20%
20%
9%
9%
9%
150
•
Jan
49
Jan
For
68%
%
%
'
200
Jan
Jan
1
%
%
68%
£1
reg
Finance Corp
Elec $6
footnotes
Feb
2%
100
9%
Jan
10%
Jan
18%
100
18%
Feb
16%
Jan
30
91
Jan
101
Feb
10
20b
Feb
24
Jan
Jan
25
Jan
21
Feb
1
%
Jan
15%
Jan
19
Feb
72%
69%
72%
1,000
69%
P'eb
73 74
Jan
13
"
V
12%
13 74
400
12 7s
Jan
14
Jan
2%
"aw
'V-J
__
474
5
1,100
2
4%
-
2 74
3,600
Jan
Feb
5
1 %
Jan
2'A
Feb
Jan
8 74
Jan
•
15%
16%
15%
Feb
13%
774
7%
77B
%
500
J .m
167+
16 74
Feb
Jan
7 74
Jan
Jan
174
Jan
334
200
Jan
G%
7,100
15%
14
%
,
1674
16''4
*
474
4%
300
Jan
4%
-A
A
1,300
9%
9%
150
:»
:
A
9%
——
Equipment.
Hosiery Mills...
Home
A—.
1
.1
♦
iV Jan
I 6
32
Jan
1074
Jan
7 72
150
36
36
36
preferred—
36
Feb
Jan
^
Feb
Feb
3%
Jan
V
22
21%
22
2%
274
A
2 74
1?6
l~9
17
_9%-
3 7b
Jan
300
3%
3%
800
21%
Feb
300
174
Jan
400
74
Feb
14%
3%
Jan
10
7%
Jan
1072
Feb
7s
Jan
A
Feb
2%
Jan
374
Jan
600
A...
A
74
A
•
3,400
.
Jacobs
Ja'.'o
1
*
Central Pwr & Lt 5%% pfd—100
preferred.———100
preferred
...—
:
100
& Kokenge Co.
—*
(F LI
Co.—
,.w.
Glass Co
Feb
22
274
10
Feb
Feb
Jan
3%
3,
3%
4.300
1%
1%
1%
3,300
'•I
Jan
1%
74%
74%
25
66
Jan
7474
Feb
80
80
30
6974
Jan
80
Jan
91%
91%
10
79
Jan
91%
Feb
13%
Jan
13%
Jan
91%
Feb
—...
common
%
Feb
preferred B
see
page
625,
Feb
preferred.—100
Kennedy's Inc
.5
Ken-Rad Tube & Lamp A—.—
„•
11
100
9%
2
Jan
2%
Feb
7%
Feb
7%
Feb
14%
14%
300
13%
Jan
14%
Feb
Kingston
96
Jan
106%
Jan
Kirby
10
•
11
11572 ,Jan
Kansas"Gas k Elec 7%
11
.1
*
Jan
K
Jan
Jan
1
Jan
Co Ltd-^-
preferred series A
Fireprooflng common—
k
11%
•
—100
General
Gas
Feb
Jan
Jan
19%
200
Alloys Co
General
11%
9%
10
Feb
400
_
rets ord
Jan
100
Jan
11%
11%
1
dep
5,900
11%
—
—■—;
Air Chute
2%
Mfg Co common
Electric
11%
.20%
Utility class A.
Italian Superpower
11%
1
common
preferred-:
General
Feb
—
7%
Gellman
11 72
8 74
1
Interstate
—*
Interstate Power $7 preferred.—
*
Investors
Royalty.;—
A
Iron Fireman Mfg voting trust ctfs...*
Julian
Gatineau
Jan
Razor B—
—
prior
100
Co
convertible
50
1
preferred
participating
(Geo A)
9%
1
_1
common
200
Jan
5%
10
15%
1%
Feb
11'A
21
21
i—♦ 7
*
Malt
...1
Jan
5
Distilling—
Froedtert Grain &
Conv
Co
1%
1%
Feb
5 7a
99% 101%
99%
50
Inc.
shares..*.:———
International
Products
Irving
10c
A.
£1
series——.
Industries
Registered
_
;
.
Feb
29%
Jan
Hydro Electric-
$3.50
Jan
•
Common
1 %
Jan
3
9 %
:
—
100
preferred——
Jan
1,000
18%
—
100
preferred
3%
1,000
12%
18%
18%
_
Stock
19
18
18%
Jan
25
1,900
11%
—
4
Canada—
non-voting
A——-
:
$1.75 preferred.—*.
3%
1
1,600
—;
.
—i
10 7
Co Ltd—
Motor
coupon..
100
7%
11%
3,100
187a
•
-
1%
4%
10%
11
•
29%
4%
10%
4%
Industrial Finance v t c common.__._J
Feb
12%
1%
28%
1%
regis——.——.—'
(Can)
Feb
2%
•
reg
—
Feb
1
5
<Phila)
dep rets ord
Class
I.
23%
87s
Jan
Jan
250
'
/
50
29%
Ireland
Feb
8
dep
Interstate
Gen
100
30%
23%:
16
Indianapolis P & L 5%% preferred.100
Indiana Service 67* preferred
100
;
Jan
1
_
„,
Association
5 %
23 74
16
£1
*
*
Imperial Tobacco of Canada..
__5
Imperial Tobacco of Great Britain &
Am
Jan
—"
...
1
_
Metallurgical.*
Fedders
Gen
18
>-
—
Registered
Feb
6%
.
1
Airplane—
Brewing
Fansteel
5%
30%
(
23%
_•
50
preierred
Co
Imperial Oil
Preferred
4%
100
Chemical Industries-
Imperial
Feb
94%
Jan
Jan
90
Zinc
International
$3
6%
500
8%
18% A
•
;
Co.—'
Power
International
Fuller
7%
18%
certificates——.
Iowa
convertible
arrear
Illinois
Jan
26%
Jan
26
Feb
6
.
•
.50
common
'■
—
3%
preferred
7
5%
%
3/b
...*
Eureka
Fox
8 7a
18%
4%
Div
Feb
53
12%
—J,..*
Fort
Feb
'
*
5
5 7c
Feb
56
—4
Inc
Inc
91,700
53
26%
pfd
Jan
2
1
_
Mfg
convertible
Illinois
w-~'.
3%
49 7b
53
Co
Esquire
Eversharp
2%
3%
.%
Empire District Electric 67*
Empire
2,600
*
2d pfd A
Watch
Emerson
474
3%
'
5
common
Corp
Ford
Feb
Feb
227a
50
•
Feb
3%
474
•
warrants
National
Am
7
Jan
Jan
•
Elgin
Ford
;
25%
Jan
Jan
86
—*
Co
21
13%
•
Electrographic
Fire
;
Corp
Jan
...
preferred
Electric
$3
Fibre
Ligonier
Jan
'A
Jan
Feb
*
preferred
$6
Inc....
Refining.....
&
1%
36%
1
c
Economy Grocery Stores
$5
(Harvey)
Oil
527a
10'A
Feb
9%
50
9%
9%
6%
Jan
6
'
—V-
Jan
Sugar Associates—
preferred
Easy
1,525
Feb
6%
100
preferred
Jan
18%
*
preferred series B
Eastern
2,200
18 7a
14%
18%
_
"a..
%
%
*
Feb
21
9
•
Hardart
Humble
P'eb
'
•
Feb
Jan
1%
:u~:
1
common
19%
1,150
25
4%
Jan
3%
20
'
Horn
Feb
10
Co
20
.100
preferred
Eastern
800
'
Jan
19 7a
34
5%
'
♦
Co common
&
A)
Ci
Jan
Vi
2,500
52%
51
52 7a
7V4
3,600
1%
1%
17a
.100
1%
100
'
400
974
8%
_
T
(Geo
(A
Hubbell
97a
Lead
Picher
Feb
Jan
600
272
2%
X5%
5
*
-*
M
G
common.—.
Inc
Horinel
Horn
5%
Eagle
174
Feb
8%
64%
Jan
'500
474
21-
20
'
Corp__
Draper
.
1 Va
—
4
4
"2%
*
5
Holt k Co participating A
Henry
64%
26
8
Jan
Jan
16
2,800/
~
—
25
66
8
*
'21%
__
„
.
Coal B_
&
Steel
Dominion
Ltd—
Feb
43
0
1%
1
2
;
common
Heyden
Dominion Bridge Co
19
Jan
•
Preferred
1
common
common
Jan
Feb \
4%
150
•';
*
.
A
Heller
■
—
preferred..
Rubenstein
Class
*
.
5
17%
42
200
19
'
174
*
5
—50
25c
Dept Stores common.,
Jan
%
2
400
10
common
Dobeckmun
\
100
1
2%
1
2%
;
2%
17 7a
L'-'.
of America B non-cot com—1
Jan
^
.19
Jan
Jan
Jan
1%
900
2%
2%
—
1
common
Shoe
Co....
Brewing
62%
1
common
ctfs
voting. trust
6%
Detroit
....
4%
4%
5
10
25
1
1
x3%
2%
*
•
1
20
Refining Corp com
preferred
Gasket
29
'1.
100
convertible
6%
Feb
16
Jan
1
5
50
—
Derby Oil &
A
10%
Jan
11%
29
debenture
Detroit
Jan.
15
250
29
prior preferred
8%
200
12%
35
Stores
Dennison
$6
10%
12%
convertible—
common
Rubber
Class
10
12%
Hosiery Mills
Mfg
Davenport
Dayton
10%
5
*
1
Petroleum
Darby
Kings
5%
Co Lighting 7%
preferred D
Products,
Petroleum
pfd B
.—
—
....
100
—100
1
—1
6%
6%
100
6 Vsr
118
Jan
Jan
6%
Jan
Jan
Jan
7
47
Jan
47
Jan
32
Jan
36
Jan
5 72
2%
2%
2%
•
2%
2%
1,400
200
1%
1%
Jan
2%
Feb
Jan
23i
Feb:
Volume
157
THE
Number 4151
COMMERCIAL; & FINANCIAL CHRONICLE
623
NEW YORK CURB EXCHANGE
STOCKS
New
Curb
York
Week
;
Ended
Thursday
Exchange
Feb.
Week's
of Prices
Low
Par
Klrkland
Lake
G
Ltd
M Co
1
.
.
Klein
(D
Emil)
Kleinert
(I B)
Co
*
10
—;
preferred
Kresge Dept Stores—
Brewing
—
Low
—
'
Va
High
,
Jan
%
Nehi
—
4 Va
.
Jan
5%
10
Feb
10
Feb
92
Jan
97
Jan
' -f.
—
—
10
•'
Co
4%
Jan'
13
Jan
4V»
474
Jan
7%
preferred..
Mur
England
A...
England
J).._
30
10
Lakey Foundry & Machine
Corp of Delaware
Lane Bryant 7% preferred—
Lane Wells Co common
5
1
Class
B
Mexico
Feb
New
Process
10V«
Jan
N
Y
900
2
Jan
3%
Feb
N
Y
25%
Jan
35%
Feb
9%
Jan
11%
Feb
94
97
101%
'
■
i.!:-
5%
•
Feb
3 Va
Jan
N
Y
&
Convertible
preferred
Oil
Arizona
&
Co
Le Tourneau
Lipton
5'A
common—.
Land—
1
Corp
Long Island Lighting
7%
12 Va
Fcd
4%
•
400
A
24%
400
8
__
Y
Power
$6
N
Jau
7%
Jan
17%, Jan
% Jan
12%
14
27
73/a
100
26:%
25%
*>
4-
1
—
:/6%
&
*•
Lynch
5
common
P'" £:
Founders
1%
Jan.
N
Y
N
Y
Niagara Hudson
1st
2d
optional
B
optional
warrants
Niagara Share ciass B
Niles-Bcment-Pond
21%
Jan
28%
Feb
2%
20
Jan
27
Jan
Nipissing
1,300
2%. J'an
4
V Feb
2,800
5 Va
6 %
23
650
Jan
18'/a
105
Class
A
Noma
Jan
23
$6
convertible-preferred
1
314
..
*
.
,
'74.
*^;
300
3Va',
;
'
%
2%
200
"'
■
57
—
102
'
Jan
105
Jan
95%
Feb
99
Jan
167/a
102%
Jan
19 Va
Jan
30
90
;;
36%
Jan
1%
Jan
17,600
675
/r.
1
Jan
104% Feb
43 Va
2%
Jail
Jan
54
Jan
'61
Jan
Jan
50
Jan
1/64
1/128
Jan
500
%
Jan
2,100
3%
Jan
4%
Feb
Jan
102%
Feb
Jan
10%
Feb
T
Feb
'A
4%
102%
80
10%
3,500
974
•;?£?
•
116,000
1/64
%
101
•
10%
Mines
91
8%
Feb
ft Jan.
^y';'
•IS
1
iS
200
;/.< % Jan
3V4
1
common
iV
*
.
™%.
Jan
3'/a
Jan
33a
.....
Light & Power
B
Jan
74
Jan
Jan
ft
Jan
8,900
iV:'
57
7%
Jan
♦
Securities
Texas
I—5
Oil
175
52% Jan
62
Jan
25%
300
22 %
Jari
25%
Feb
25%
V/y300
23 Va
Jan
25%
Feb
%
1,300
25%
y*, v
_•
%
.^•^V Vz
:
'
.
7~%
4
•
.
Feb
Feb
"
Co—
RR
58
25
50
/
Utility
Central
Penn
56
..
common
Nor Indiana
Feb
3Va
Jan
North
Feb
Rayon class A
American
58
•
prior preferred.
Northern
%
Feb
Feb
6 %
%
Jan
19 Va
350
.
2%
4Va
'IK!
•
preferred
Class
*.
■■
4Va
—
Electric..—.
North
Manatl Sugar optional warrants—.
Mangel
Stores—__
3%
Jan
Jan
20
60
1/64
%
5
...100
preferred—
Amer
North
Jan
Jan
18
28
42
Nineteen Hundred Corp B——
Feb
70
.:
42
57 Va
1/64
Feb
North American
$5
2%
57.%
—r-•;
Jan
103
600
18
40%
10
common—
%
Jan
Jan
~2%
:
....
7%
'
'•v
103% 104 V4.
-y'-i
warrants
Class
preferred
Jan
4
'
9574
1'
100
Power common..
preferred
A
■
1%
Jan
'
Water
Class
Jan
Jan
Feb
yy
18
Electric & Gas $5.10 pfd.100
Service 6% pfd..
-100
State
5%
Jan.
1%
Feb
28
103% 104%
1
Jan
1,425
2,700
\'r-u
19%
95V2
shares
200
6%/
21%
Jan
5 Va
yyy:
19
_
A
-.1
::
60 '/a
—
Light 7% preferred -.100
6 %
26%;
8 Va
Jan
'
1.500
2874
'3.74
-
57%
w!4'/
•
Louisiana Power & Light $6 pfd
2,600
174
1%
10
1,100
Vs.
Va.
Feb
■
—10
Jan
17%
100
28%
15
y\.
Rosario
Jan
■.8
250
—100
Jan
Shipbuilding Corp—
Feb
30
*
..!!!
preferred
Y
Feb
5%
13%:!
.74
Jan
58 V4;
;>v
—
_
common
.
Honduras
Feb
Jan
~lVe
TVa
74
Jan
4%
13 %
Feb
Feb
14
Jan
■
7 '/a
♦'
6% preferred class B...—
Loudon- Packing.
i
Louisiana Land & Exploration
Jan
1374
common!
—
Feb
%
"lVa
•'T*
..5
preferred class A.i
30
87 V2
800
1,200
5 >/a
58
1%
*
common
Co
Merchandise,
3%
*
——
Lone Star Gas
Corp
29%-
yyy'
25
—
274
3,500
%
5
preferred
Feb
Jan
11,500
fir:'
14
4%.
••
'.'Vv
266
5%y
12 Va
V..' %
25
Co
Locke Steel Chain
7'k
r
1
(Thos J) lnc 6%
Lit Brothers
-jy'!
*.
—
(R G) Inc.
Line Material
~2%
Auction
Y
N
*
Development———
8'/a
%
p2Y0',:] y
25/a
..Wr'-f,.
Lehigh. Coal & Navigation
Leonard
200
Jan
•-
—1
common
310
15
5Va
V 14 Va-
15
City Omnibus warrants
3%
6%
Jan
11%
58 V4
30
200
Jan
2
35 %
Zinc—
Jan
*8 Va
Feb
2
Jan
10%
*
Jan
N
~8
8%
Jan
1
33 %
:
8Va
3%
Feb
1%
—
100
20%
7
3
3'/4
***, 't :•. y
J—
Realty
*
2.3/4.
'
r-y
100
Langendorf United Bakeries class A
Letcourt
3
1
...
Lamson
Jan
11%
Co
40
»/o'
4
Jan
34%
Tel
&
7,100
;:
974
10 Va
•
Feb
Jan
14%
,
8%
—
'
1
110
3%
:
•
common——
200
28%
30
—100
Jan
Jan
—
*
New
(N
High
12%
—•
Tel
Idea lnc
New Jersey
RR
Low
14%
Va
—100
Clock
Haven
New
Mines Ltd
Range Since January 1
High
Jan
New
Lake Shore
Shares
108%
..."
class
Power Associates
New
Lackawanna
14
5
preferred
preferred—
$2
Low
*
Corp..
Co
tor Week
100
,
(Herman)
Sales
Range
of Prices
•
1st pfd
Nestle Le
6%
13
4%
Last
Side Price
13
Neptune Meter class A
—
%
100
Oil
Corp
Nelson
Jan
1Q>
Week's
Thursday
Exchange
Feb.
Par
Navarro
Nebraska Power
96
—1
Curb
Ended
.
Jam
New
Co..
York
Week
•
—
.96%
v
Range Sinoe January 1
100
Va
—
100
convertible 1st preferred
(S H) special preferred
Kress
—
——
Koppers Co 67<?
Kreuger
—
1
Rubber Co
Knott Corp common...
Kobacker Stores lnc
4%
—
common
New
Shares
High
Va
—
STOCKS
for Week
Range
Last
Sale Price
13
Sales
■
Public Service
6%
4^
pfd.100
preferred.
_y
•
'y
•
82
104%;
104 Va 1041/2
Jan
89%
Feb
10
104%
Feb
104 Va
4-i-
8%
Jan
9%
2,300
4Vb
Jan
6% Jan
—
16%
Jan
Feb-
'
Manischewitz
Mapes
(The B»
Consolidated
Marconi
Co
Mfg'
International
munication
Co
•
Co..
Marion
Ltd;
Northern
•
Marine
yi:/--../
*•
12%
12%
*•
3%
Mass Utilities Association v t c—1
/■;.
4
~
%.
—
,.
13
>2
ft
Jan
3
200
ll-
Jan
13
States
3 %
Jan
4
class
Power
A—
25
!.
♦;
5
Radiator St. Mfg B——
McWilliams Dredging.,.
■
9%
Mead Johnson
&
Co
Stores
100
v
—
9%
*
common...
3%
■
-
100
3%
—
i
Participating
y Af
preferred
5 %
Jan
—
'
Brass
preferred
125
Jan
132
Feb
Ohio. Power
4V2%
Feb
Ohio. Public
Service
:
24
,
Chapman
Warrants
6 % %
A
Scott
&
_*
.
•
preferred....
.100
;
Textile
1
L,
Oklahoma Natural Gas
Oil
1
Corp
&
Pwr &
Jan
5 Va
4
Jan
Jan,
18%
17
300
157'a
27%
28%
525
25%
Jan
1%
1
& Mfg—!.!..:——_■*' i
■;
,
IV2
:
Mountain
1
Producers——
Mountain
States
Mountain
*
States Tel St. Tel
Muskegon Piston
Muskogee
6%
10
5%
Co
Ring—_——"
1st
::.
preferred.
Parker
100
Motors
Pen
Jan
Feb
6 V«
6,900
19 Va
650
..
1
l '/4
%;
15%.
'
Jan.
Jan
National
1%
Jan
101
Jan
Penn
$3
4*/a
Jan
15
6 Va
Feb
170%
60
21 Va'
100
•
Jan
1%
Feb
Jan
Jan
,
,
21%
1%
5%
Jan
171%
Jan
Jan
21%
National
Container
National Fuel
National
common
preferred
174
2
4,300
1%
Jan
2
5%
2,300
4%
Jan
5%
--
/
113'
14%
113
10%
—
V'
13 V4
30
13%
100
!!!"':
Jan
112% Jan;
9 ?■. Jan
300.
12%
4%
;;
/y;VV"A!':V;V:-
$6
preferred
57
National
Refining:
National
Rubber
Jan.
Jan
Jan
14%
Feb
10%
S
;
Feb
5%. Feb
%y? 57
,
National
*
Sugar Refining...:
Tea
Transit
5Va%
For
footnotes
Mines
see
/
10
page
025.
106
Jan
80
Jan
Jan
4%
Feb
Feb
16'/a
Feb
72%
Jan
79%
Feb.
3%
Jan
5%
Feb
1,200
9%
Jan
11%
Feb
28
Jan
28
Jan
200
28%
Jan
30
"iVa
7,700
3%
Jan
10%,
4%
16
3,100
'A'"
5Va
25
41,300
18
.
30
29%
30
150
..
474
10%
*
&
Power
Mfg
,v
.50
—20
♦
Co.
Co___
_
•vv.y.
__
1
__
*
common
L
...
1
10%
Feb
Polaris
V2
Jan
Potrero
Feb
28
Jan
%
Jan
500
%
Feb
90
Jan
80 %
Jan
160
160
Feb
'ii;
5574
51%
5574
Jan
21'/a
4 Va
5%
;
Feb
Jan
23%
Jan
4%
Jan
Jan
5
574
107
Jan
Jan
4
4%
56 Va
Jan
32%
Jan
;
5% Jan
32%
Jan
Feb
5'/a
400
4%
Jan
5%
11%
14'/a.
25,200
8%
Jan
14'/8
Feh
47
49
1,250
42 y2
Jan
49
Feb.
200
8 Va
Jan
8%
Feb
3.6Q0
1 Va
Jan
1 %
Jan
6
Jan
7%
Feb
38
Jan
39 Va
Jan
Jan
54
Jan
lOVa
Jan
4.74
common
13%
.
1%
Meter...
1
8%
1%
8%
Ltd..
7
7 Va
200
RR
Plate
Jan
51
Jan
79%
y
y---
~~Ya
%
pfd—_
50%
Metallurgical
51%
47%
89%
90
84%. Jan
..10
Glass
25
3%
2 Va
11%
U%,
8 Va
25c
1
common
Scale
Feb
Jan
85%
160
Pittsburgh & Lake Erie
lnc
:
867'a
common
E
10%
Jan
Jan
44
104
_
Postage
&
9%
Feb
4%
27 %
*
Mines
Pitts Eess
974
!\r,
_
Co
Governor
Jam
u
3
7.50
common
—
11%. Feb
Feb
90
Jan
3%
Feb
Jan
11 Va
Jan
10
"~l,r
"%
""%,
1,000
5
5%
7 Va
10,600
3%
Feb.
7%
Feb
&
Alexander
5
5%
5%
1,200
4%
Jan
5%
Feb
of Canada
•
5%
Jan
5 Va
Jan
•
21%
21%.
Jan
213 8
Feb
1
%
%
Jan
%
Mining Co.
Jan
Pratt
46 %
Feb
Premier
Jan
10 Va
Feb
Jan
10
Jan
87,%
10
.
17%
Feb
9
>
Jan
44'/a
10 Va
Sugar
Jan
92%
Feb
common..
&, Lambert Co
Gold
Mining
Prentice-Hall
Pressed
lnc
Metals
common
of
—
America
Producers
92
91
Corp of Nevada
Prosperity Co class B
92%
575
V
8 Va
814,
12%
1 1,200
i-'L
117 a
-
x
12
:
...
-
400
Jan
iV.
Jan
V»
Feb
Jan
%
-
5
•
Feb
Jan
5%
Jan
5
Jan
Jan
7%
Jan
8
Jan
106%
Jan
Jan
of, Colorado—
~3%
Jan
~4J/a
Jan
6%
1st preferred
100
106 Va
Jan
8 %
Feb
7%
1st preferred
100
114
Jan
114
Jan
12%
Feb
101%
Jan
107
7
Jan
7
Jan
48
45V4
Jan
50%
11
Jan
12
Jan
9
7V4
Jan
9V4
Jan
8%
Jan
8%
Jan
7%
Feb
7%
Feb
Puget Sound Power 81 Light—
$5 prior preferred
$6
Sound
Pulp
2%
400
2%
Jan
2%
Feb
Pyle-National Co
1
1
300
%
Jan
1
Feb
Pvrene
&
Timber
•
105%'
*
preferred
Puget
2%
1
A
Jtin
3%
•
Gas
Service
1
5%
5%
34
9'%
300
11%
Public
__
12%
Providence
1
Va
34-
34
34
•
19-
Feb
6%
>
10
30c
79 Vw
100
lls4
•
..
common
Pitney-Bowes
8%
45
10 Va
•
Radio.
16 74
Jan
Jan
73
Power Corp
12.50
Tunnel. &
National: Union
preferred..
102 V4
30
11%
Conv $3 preferred series A—
15%
44'/2
*
»
National
1,500
*
Machinery..
110
80
—-•.•yy;
Jan
*
common
105
13
__1
common
Pioneer. Gold
Feb
13%
r
Pierce
Jan
T13
.
*
National Steel Car Ltd
National
1,00
Va.,
1
;
National
1074 .10%
974
stamped
Jan
79%
1
Co.
Prop
Securities
*
1
.common.
Jan
29%
11%
_
Mfg
Circle
Phoenix
5
50
,
10%.
13%
V
Gas...
Mfg & Stores
33 Va
Jan
16%
—
/ Phillips Packing* Co.—
Feb
V;!
A
Light $7 preferred.
Philadelphia Co
Feb
5%
1
National Pwr & Light $6 pfd unstpd—•
'
Va
Jan
Jan
28%
3%
16
9%
Jan
31
1,800
*
common..
Phila Electric Power 5%
i
2
Water
Perfect
Feb
>:?5%
Salt
Pepperell
—
50:
(Del)
Feb
Jan
300
♦
Mills
Pharis Tire & Rubber
,
4
&
Sugar
Penn
Jan
;v
...3.
—
common
preferred.
Penn
Penn
Feb
166%
100
i»
lVa
,
Power
$6
Feb
19 Va
Corp
Cent Airlines
Penn
Jan
9
Jan
Jan
17
•
Lines
convertible
29%
1
Pennsylvania Edison Co $5 series pfd.*"
$2.80 series preferred————*'
Penn Gas & Elec class A com...
*:
Jan
674
preferred
Pennroad
Jan
55
Telephone
Powdrell
Candy Co
National' City
78
32
29%
25
Plymouth
$1.40
Feb.-
2
Jan
5% Jan
:8 :'y Jan
3,900
1V2
21%
__
•;
common,
common
105
80
10
...
Peninsular
Pneumatic
Hess
105
31
%
474
Corp
Co..
Patchogue
Plough
Breweries
*
*
Pleasant Valley Wine Co
National
29
10Q
com—
Pittsburgh
National, Bellas
Jan
4-
8%
32
•
Pittsburgh
Nachman-Sprlngfilled
Feb
3V2
•
Parkersburg Rig' & Reel
..
*
2 '/a
114
4V2
~4
25
preferred
Feb
5%
*
common...
'
100
'14%
—100
Jan
3%, Jan.
25
Pantepec Oil of Venezuela Am shs
Feb
7%
Jan
1003/4
-'
100
169
-ft
common—
Ohio Mfg Co..!_1—...
Murray
50
10
*
Power
v
6%
8Va
*, IV2
.1
———
Moody Investors, partic pfd—
—*
Mtge Bank of Col Am shs
•
Mountain City Copper common.—5c
Power
Feb
2j/4
.
Jan
1%
75
18%
,
1
A—
Montreal Light Heat &
52%
8%
6 Va
Utilities
Jan
1%
100
6Va
19%
Ward
1,300
,
I!;
»
Dakota
*
1.7
28%
Jan
14
2vr'.V
100
—
common
110%
!.
1st pfd
Service
Page-Hersheiy Tubes
100
1
Montgomery
wW''
v
52%
_i
1%
67a
•
2,600.
'
1%
Monarch
Society A
100
:
7%
2
2
—
Molybdenum Corp
Montana
-1%
■
i—i....*
Machine Tool—
112
'
7 Va
pfd
Va
1
common
preferred—
Public
$1.30
Feb
9%
Jan,
28
—10
Light 7%
112
1
Lighting $5. preferred
Power & Light 7% pfd
Pacific
Feb
5%
Feb
~i
Jnd'Voehringer common——.2.50
Monroe Loan
1.1
Jan
*■
Supply..*
Pictures
4%
9%
—50
_
Jan
—
Elec 6%
&
1st
Pacific
,
Missouri Public Service common
Monogram
Pacific
Jan
Jan
Mississippi River Power 6% pfd
Mock
Jan
Co
Gas
5Va%
7'a
Refineries
Minnesota Minirig
7 Vs.
*
Mining Corp of Canada..
Minnesota
Jan
Pacific
43/4
Co!-—.—
Midwest, Piping
Mid-West
—
Paramount
Abrasive——
49 Va
48
*
lnc
Pacific Can
x3%
.....
Jan
_*
Overseas- Securities
Jan
100
2,700
Jan
48
48%
Jan.
400
5>
Jan
18%
Jan
•
Jan
6%
preferred—*
conv
8'Va
Jan
Jan
2,700
common....,
Oil
Midwest
Omar
t c.l
common...—
Corp $2
$2 non-cum dividend shares!
Mid-West
Feb
I
v
;
Midland Steel Products—
Midvale Co
Oliver United Filters B
Jan
Jan
8V2
16%
50
prior preferred
Feb
%
1,100
y 100
Feb
5
—
%
A
5,800
———1
Petroleum class A
t c—
West
Midland
:'yy%
Feb
15
—
common
Jun
4%
^ ;.v;: y;
common..
preferred
$5 Va conv
Jan
113 V4
Feb
Jan
109% Feb
Jan
XV4
Jan
,
104
Jan
Jan
106 %
112 Va 113%
112
Jan
Feb
28
20
,
10
Mfcromatic Hone Corp.-..
Middle
■|
*
i
——
v
29
29
100
Jan
Jam
6%
1'
2.50
Michigan Sugar Co......
B
f
~~
•
Michigan Steel Tube...
Class
1,400
v/*
111%
104
2
108
94%
107
%
98
19%
Jan
100
20
-nr
15
Michigan Bumper Corp.
Middle States
1V4
Jan
Jan
1st pfd—100
Jan
_25c
Participating preferred
Metropolitan Edison S6 preferred
Preferred
■IV*.
2%
2%, Jan
91
94%
7%,
Oilstocks Ltd
%
30
:
-r
preferred
Jan
500
'
108
5
1,200
V2 ."
108
1
Corp
6%
5%
J/a
::
:
Messabi Iron Co
Metal
; 6 Va
94
1st preferred.—.
6%
Jan
$1
Merritt
Feb
17 Va
"
.100
Jan
2
19
__
3%
Jan
Jan
2%
*
common
preferred
Ohio Oil 6%
2%
B
$6
Jan
2%
4
class
Co
Ohio. Edison
,
10
21'
:'•>
Ohio
Jan
lVa
Jan
500
.r-,
t
-
Jan
8
„/
..
'
Feb
18%
Feb
1%. J'an
—
3,3/4
Merchants & Manufacturers class A..1
.
4%
—-
,
9'/4
6
Jan
•hV-Jan
1,200
5
57'a
•
Jan
■
T
Memphis Natural Gas common—.i.—b
Mercantile
—
:/6v.y:;
*
Corp..
Ogden Corp common
Massey Harris common..!
McCordt
v-'
Feb
300
„a
—
_
Steam Shovel.........
10
Line
Novadel-Agene
Com-
;
Margay Oil Corp
Northern Pipe
1
_j.
—
47>/a
*
common
10
46%
9
5
Manufacturing...
9
105% 106
~7%
~7%
Jan
Jan
EXCHANGE
NEW YORK CURB
STOCKS
Last
Exchange
Week Ended Feb. 12
Curb
York
New
Low
Par
Low
High
*
Jan
70
370
80
:ioo
Sun
Jan
149
Feb
146
Voting
%
31,000
a'j
Jail
%
225
7¥2
Jan
9%
—10
common
-
15',4
Rochester Gas & Elec 6%
4%
%
j3b
Jan
10 ¥2
3
1%,
%
%
93%
1,400
.
Jan
...1%
%
Jan
93%
Jan
14
Jan
200
7%
2%
2%
300
2%
3V'a
3%
42%
3%
—-■
:
49%
55
7 I
55
1,350
——
& Haynes common
_.
Feb
Feb
2 ¥4
2%
44
59
Jan
2
50
43
Jan
44
Feb
500
51
J an
60
Feb
l7/a
10,400
2 ¥2
44
59 ¥2
Jan
8%
¥2
87/a Jan
..Jan
16
17%
Jan
21
Feb
4,700
6%
Jan
9
Jan
t
4¥a
600
3%
Jan
Feb
v
600
17 Vb
Jan
Feb
'
600
4 ¥4
Jan
5 ¥2
Feb
300
¥2
Jan
3/4
Feb
'
20 '■/>
4%
..
*
19
20
"4 ¥4
r
5
5%
«
:
k
•
5 ¥2
%
%-
20
43%
250
44
2%
3
"2%
43
V"
;
1,800
45
Jan
2%
Feb
2%
Exports
Feb
3
Feb ;■
23/4
;
Jan
Jan
Security Trust Co Ltd—
dep
rets ord
dep recs def reg———
Edison
regis—
6%
;
Feb
30
108 ¥2 109
108%
1
.-"!%
61
Jan
103:
108
Jan
109 ¥2
53
140
.100
preferred
Jan
103
61
59
60
Corp__
Jan
;
Jan
'
"l%
•
"l%
1,300
8 ¥4
U, Feb
A Jan
.
3,200
1%
2 Vb
Jan
8 3/8
Jan
Feb
'
Tri-Continental
3%
Jan "
Jan
3%
Jan
3%
300
3%
Jan
3%
Jan^
%
18
900
Chatillon
A
Class
Corp_„
5%
5%
—.
—
Jan
02
Jan
4 ¥2
Jan
;
"2%
Tung-Sol Lamp Works—
80c convertible preferred——,
—
900
5%
50
44 %:
44 ¥2
—
,
U Feb
6 ¥2
1,700
-A"
A'
A Feb
Inc
Tubize
Jan
7% "
8%
-10
-
warrants—,—
Trunz
J an
Feb
4¥a
300
8%
1
Transwestern Oil Co
Jan *
-;
3% Jan
1,100
20%
8%
1%
—5
Construction—.
Trans Lux Corp
Jan
56
3%
-
4J
.
20%
8%
—
Feb
Feb:
3%
Jan
4
20%
.100
7 %
preferred
Tonopah Mining of Nevada—, —1
200
it
9 ¥2
7%
Jan
"lOO
-
Product
Toledo
~3 Vi
—
Jan
Jan
59
2
Amer
3 ¥4
Aeronautical Co.—
Consolidated Petroleum
17 ¥4
Allied Stocks——
&
Tobacco
Feb
¥2
pfd—
common——
Todd Shipyards
3% ,4:
3%
Jan
'
Amer
49%- Feb
16
-
2
Jan
2%
400
4
Jan r
8 ¥2
Jan
Co
Tobacco
Feb
32
30
93%
8%
13 ¥4
44
—
7%
Inc
Realty &
Tobacco
Jan
Feb
.I..1/4
4 4,100
Russeks Fifth Ave-—————-,
Ryerson
Jan
"
Roofing
Tishman
Jan
,7
100
•
8%
8%
4-—
Typewriter.Royalite Oil Co Ltd—
Ryan
Jan
8 ¥2
—
Royal
Ryan
10%
91%
1,100
8»/4-
1%
»
1,100
"
Tilo
Jan ;
Jan
Shovel
Thew
Jan
3% Jan
Jan
.
10 ¥a
Power & Light
Texas
Jan
A Jan
13
8V4
93%
Feb
17%
<
*
common
Texon Oil & Land Co__
Feb
24
21%. Jan
10 y4
10%
Technicolor Inc
Feb
%
Jan
¥2
300
4
Vb
10V4
15 ¥4
16%
—*
Tampa Electric Co common—.
Feb
"4%
Jan
500
24
*3% 75%:.-3,500
3%
io %
Jan
—1
Taggart Corp common
15 ¥4
Jan
2%
11,000
Tg..
23%
13V4
...
2,500
convertible preferred—.
$1.20
450
15%
Va
common—_—,
Co—14
Petroleum
\k
24
pfd Dj. -100
Roosevelt Field Inc
Root
3%
—
Pendleton Inc
Cable Corp
Rome
14%
4%
Manufacturing common—50c
Bed Bank Oil Co_—
1
Reed Roller Bit Co
*
fteiter Foster Oil Corp—„,
—50c<
Reliance Electric & Engineering—5
Republic Aviation——■—
1
ftheem Manufacturing Co
1
Rice Stix Dry Goods——,-——*
Richmond
Radiator
1
Rio Grande Valley Gas Co v t c
1
Raytheon
—
¥4 Jan
14 Jan
Investment A——1
Rath Packing Co. common
—10
Raymond Concrete Pile common
•
S3 convertible preferred
•
12%
Feb
■
Securities
9
100
Feb
9%
A
\t
¥4
15%
25
•
15
convertible
High
Jan
15%
15 ¥4
50
preferred
Superior Oil Co (Calif)—
Superior Port Cement class B com.
Swan Finch Oil Corp
Railway & Utility
Roeser &
Oil
5¥s %
R
& Light
—
Ray Drug Co
Sunray
Fadio-Kelth-Orpheum option warrantsRailway
Machinery
Sullivan
Feb
80
,
Co
Power
Quebec
76
¥2
79
(S) Co—
Low
High
¥»'
5
*
—i—*
1
—
1
Corp
(Hugo)
Stroock
Quaker Oats common
—
6c/e
preferred————
Low
Range Since January 1
Shares
of Prices
Par
Stinnes
for Week
Range
Last
Sale Price
High
Sales
Week's
Thursday
Exchange
Ended Feb. 12
Week
Range Since January 1
Shares
Curb
York
New
for Week
Range
of Prices
Sale Price
STOCKS
Sales
Week's
Thursday
Monday, February 15, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
624
2%
300
1%
Jan
7
7%:
200
6%
2%
2%
7 ¥4
Jan
6
Jan
46
Jan
39
2¥a
23/a
Feb
Jan
73/8
Jan
./<
u
Class
St
„50
$2 conv pref—
A
'•
—5
Salt
Oil
Dome
-v'
4—
Savoy
Oil
Co—
Schiff
Co
common
24%
„—
12%
13
———
%
%
—
%
500
12 ¥4
%
■
1,100
27%
5.
47
9%
9
48%
900
Va
1V4
1%
7 ¥2
200
1
1
"U
Jan
5%
Feb
13 ¥2
Jan
¥4
Jan
%
Feb
Jan
5 ¥4
Feb
51 ¥4
Jan
59 ¥2
Feb
52 ¥4
Jan
59%
Feb
5
5 V4
4
—25
58%
58
59%
prior stock——
Allotment certificates—
%
13,000
5 ¥4
¥2
59%
250
59%
59 ¥2
50
.'
2,950
¥2
•
•
.
..
3
.
Sentrj
%
A
%
'
Jan
iff
dep
Amer
5 ¥4
Shattuck
Mining
Denn
2%
2%
2%
1,300
2 ¥4
Jan
14
•
Shawinigan Water & Power——
Sherwin-Williams common.
"_25
90 ¥2
90 ¥4
200
83
2Vs
15
Jan^
Jan
ord
rets
cum
Sherwin-Williams
of Canada—--.
Solar
Aircraft
Solar
Manufacturing CO—
Co——__——
209
214-
12 ¥2
Penn
common——-—
Oil——
Pipe
California
Southwest Pa
Southern
1%
U
New
—-—
Jan
175%
Jan
,228
4
Jan
85
v
Jan
20
250
Feb
250
S
250
%
;
;
100
Feb
A Jan
%
Feb
63
Jan
68%
Jan
43%
43%
43%
280
43
Jan
437/8
Jan
4
Jan
5¥b Jan
2%
Jan
4
7%
Jan
8
.3%
-.1
—
4
4,700
;
■
5
preferred-
"A
% '
•
60
Jan
500
8
Jan
Jan
:
1%
1,260
Jan
"1%
S
•
2%
Feb
'
2
2%
200
Jan
28
Plywood $1.50 conv preferred
Radiator common—1—.———1
Reclaiming
825
1%
S
Feb
68%
Vb Jan
1,800
8%
•8 ¥2
8%
¥4,
v
Feb
Jan
¥2
68%
67
68 ¥2
*
10
20
S
Rubber
■
825
preferred with warrants
Lines Inc
•
1
2
1
1
Jan
2¥a
;
Jan
2¥4
,
Jan/-.,
40%
Jan
3 ¥a
Feb
Jan
3%
Jan
37 ¥4
Jan
40%
Feb
100
3 Vs.
39% "40%
1%
3%
'3% "
Si31/8
-25
Jan
2¥a
200
,2% Feb
Jan
1,200
V
r
1
Spalding ,(AG)
41
83/i Jan
,
28 ¥2
Jan
1%
Feb
2 ¥2
Feb
¥4
Feb
2 l/a
30%
31
29% Jan
31
28 ¥2
1.4-41
'■
28%
29 ¥4
Feb
*
Class.
B——1—
—l
*
Universal.Corp voting trust ctfs—
1
Universal" Insurance.,—
ft
Universal Pictures common.——^
1
Universal. Products Co—
;
*
Utah-Idaho sugar.!———
9
Utah Power & Lrght $7" preferred—*
Utah Radio Products—
1
Feb
1
12%
12
'
: 10,700
56
/
;
¥ 9% Jan
Feb
15
Jan '
Feb
¥2 Feb
'
56
;
" 1,500
15%" 15%. '*■
100
2'4 ' 2% ¥ '¥'600
43%
Jan
14%
Jan
15
2Va
Jan
45% "46%"j:"375
2% "
,.
46%
45%
Feb
*riF
'"li
,
55% * 57
,
3/b
3,200
47
•
-
Jan
¥2 Jan
2 Vb- Jan
:
U
Jan
Feb
57
Feb
1
Jan
49
200
;
2 Vi
Jan
2
57
13
Jan
56
52
15% ¥
Feb
1
Feb
1
<100
; ;i3¥«
15
__10
•.
Spencer Shoe Corp——«
Stahl-Meyer Inc
.
4
5%
8 ¥4-
.
Jan
7 ¥4
Jan
6%
Jan
1%
Jan
8 ¥4
1,900
2 Vs
500
60
2
25
.4' 26%
5 ¥2
300
26 ¥2
7%:
8%
cli-:".
,
1,500
8V'4
5%
*
"
23
-
Jan
5%
Vogfc
Feb
8%
....
¥a Jan
.;
,
—
8 ¥4
3%
3%
500
4
Feb
Vb Jan
:
Jan
Seal common——
preferred.:
Standard rDredging Corp common.
$1.60 convertible preferredStandard Oil (Ky)__i—4
Standard Oil (Ohio)—-5% pfd—
Standard Power.& Light
Standard Cap
Convertible
-
1
—10
Xl4
,
2-
1
—10
Jan
„10O
"
-r.
5
—1
.
3%
Co.
Wagner Baking voting
preferred-—.
Bond class A
Waitt &
IV2
Jan
Walker
Feb
Wayne
>
Mining
2 ¥4
Jan
Jan
15
400
1%
Jan
2
Feb
Wentworth Manufacturing
-
13%
150
15 Va
1,200
75
112
a7*
%
3%
Knitting Mills.—.
Standard Silver Lead—
Standard Steel Spring—4
—
Jan
13%
Feb
West
Texas
12¥a
Jan
15 Vs
Jan
West
Va
110
Jan
ia
1,300
112
Jan
Utility $6 preferred
Feb
%
Westpra
Feb
Western Grocer Co
Air Lines InC-
ft
L
;
22 Va
150
16 ¥2
Jan
22 V2
Feb
Western
7%
300
6 ¥4
Jan
7%
Jan
Western Tablet & Stationery com...
A
Feb
Westmoreland Coal
27%
Jan
Westmoreland Inc.——I.
1 ¥2
Feb
Weyenberg Shoe Mfg—
Wichita River Oil Corp
%
Feb
Williams
& Co common—14
Bros Stores
1%
preferred
—1——
5% 2d preferred
Sterling Aluminum Products
Sterling Brewers Inc—
Sterling
Inc
1st
Co common
see
page 625.
%
10
3%
200
1%
-
fr
—•
1
300
26
10
3%
-
r
A Feb
22 ¥2
1%
300
is
150
9
700
2
Jan
Jan
Jan
Jan
¥4
7%
7
-
2
T
4%-
7 ¥2
2
1
3%
33/a
Jan
Feb
A"' 5%
Feb
Feb
7
200
A
200
11 ¥2
Jan
3
1,600
2%
Jan
A Jan
Jan
12
A
A
12 ¥2
Jan
10
3%
Maryland Ry 7%
1
-
4 ¥2
63/b
.
4 Vb
-
4%'
—-1,600
2,900
6 ¥2
5%
4
«
5¥»
3
Feb
"
Feb
Jan
99 ¥2
Jan
Jan
4%
Feb
Jan
6%
Jan
(R C)r &
Feb
Willson
Products
Power & Light
Portland Cement
1,000
6 ¥4
Jan
7 ¥2
Feb
Woodley
400
1 ¥2
Jan
2
Feb
Woolworth
}£
Jan
1
Feb
Jan
4 ¥2
Feb
,
Petroleunr...^.
American
Wright
Feb
13 ¥4
Feb
13% Feb
5 ¥2
Jan
6%
Feb
5%
Jan
6¥b
Jan
Jan
8 ¥a
Jan
1%
Jan
1%
Jan
1
J
Wolverine
2%
Feb
16 ¥4
•
Heating
Inc.—
Wisconsin
700
69
Jan
9
Jan
9 ¥4
Jan
4
Jan
5¥a Feb
6-%
Jan
8
Feb
2
Jan
2%
Feb
69»
»
1
16 ¥4-16 ¥»
10
1
^
.
^
—"6 %
A
-
,
'
if
.
~6%
100
10
Feb
1,100
Jan
14%
7%
;
Feb
(F W)
67
50
-
Co__—
OU-O-Matic
Williams
Feb
20
67
69
*
20'
—:—1
8%
37
98%
-
1st pfd—100
Jan
Feb
2%
Feb
7 ¥4
35
50
20
1
1
1
*
%
A Feb
200
Vs
•¥s
25%
class B
1
Starrett (The) Corp voting trust ctfs—1
Steel Co of Canada
—
-*
200
v;" 300
3%,
"
20
—...
7%
Tube
Jan'
Jan
•
Coal & Cokej—
21%
1
8¥2
7Vb
"
12
•
13
55,000
5
3%
6%
A
1.25
¥4
—
.
ft
I—1
:
"
Feb;
Jan
«
Jan
.
Products Co„:
"
5%
56
Jan
44
Feb ' !
20%
1
•
%
—
Preferred
200
-
8 ¥4'A,,-600.
.
.
Jan
?
1
Co—
•
Common class B
533/4
.
4%
Jan
¥4
A——100
"
.
7¥;i;;-
trust ctfs ext—*'
12¥a
ill%
•
w
8
.
Jan
18:'..«jan
.
W
Aircraft
200
14%
15 Va
52
.
%
,.
.
-
600
3%
-
13%
—20
" 19
53
._100
v--
2
,
>:*
Manufacturing.
xl4
3% \
;; 3%
Xl4
Feb
4
Jan
¥»
V
A 5 ¥a
Feb
2% Jan
%
ia. .1 1 A.. 500
¥2 20%- .;¥,: 350
4% „> 5%J 7,100.
1
'20%
1
Feb
2 ¥a
27 ¥2
.:
——
-2.78
.
.ft
Feb
Waco
Standard Brewing Co-—
7% pfd
Virginia Public Service
5%
5
—1
—
—1
Valspar Corp common—
$4 convertible preferred.—-—:
Petroleum—.—
Feb
Venezuelan
—10
& Bros——
footnotes
■!. l
Utility Equities common-'— 1—10c
$5.50' priority stock—
—.1
'1%
(J B)
,
Jan.
—
Jan
Jan
% Jan
200
,
(A)
1%
Jan.
100
31
28 ¥2
England., Telephone—100
preferred—_——
Standard
13,000
l
A" Jan
1,200
2 Va.
l
2 ¥a
Paper—
Consolidated Oil
Feb
900
40
"
Spanish & General Corp—
Amer dep rets ord regis—.-
Standard
¥4.
1%
';•%
———2
—10
Wall
Universal Cooler class A.
Jan
98
Jan
2¥a
800
2%
2%-
25
CoSouthern
Pipe Line—-4——
Southland Royalty Co——
For
Feb
83
..25
—
Co class B—
Universal
Jan.
Edison-—' 4
Phosphate
Southern
Stetson
!
10
:..V
preferred ,—4——————-100.
Southern
6%
30
84%,
Jan
65%
U
-
Stein
Feb
Line-——4—10
original preferred—-—
Sterchi
29%
63¥4
■
preferred B___————
25.
5%% preferred series C
25
Southern Colorado Power class- A—25
1st
175
%
U
Jan
1
96
6%
7%
24%
Jan
-
30
Jan
240
214
•
1
South Coast Corp
5 %
jan
"A Jan
21 ¥2
65%
Specialties common
United
- Corp__
-—-4.
Manufacturing common.——. —1
South
¥4
Feb
->:A Feb
¥2 Jan
A Jan
-25
Shoe
1st
$5
Feb
Jan
100
1%
1%
1%
—1
Sonotone
Soss
1¥4 Jan
119
Jan
A
'
-10
United Stores common——50c
preferred—
T.
III
Simplicity Pattern common100
Singer Manufacturing Co—
Singer Manufacturing Co Ltd—
'
Amer dep rets ord regis———. _£1
Sioux City Gas & Elec 7%
pfd4—. .100
convertible
$3
Jan
115v
Feb
2,100
24%
.25c
S
Feb
Simmons-Boardman Publications—
v
12 ¥s
common——.—-,44
Co
Silex
12 ¥2
•
.'%
250 :
.100
Graphite common
U S and International Securities-
Feb
115
113% Jan
.100
pfd series AAA-
3,500
A" T 3,800
A
2,600
Feb
A Jan
-i
regis
U
5%
300
A*; -
Jan
,
Jan-
'%
1¥4;:"23,500
84%
*
10"
DO
119 .w"
A
23%
,
Sharing—„i——
S Foil
U
Jan
90 ¥2
■
A
12 V8
Jan
57 ¥a
Jan
29%
preferred.
——
Machinery common.
10%
U
—5
—
A
Profit
Preferred
Jan
Seton Leather common
74,700
(i
'24% "
N J RR & Canal Co
United
Jan
Jan
A
300
•
A
—
United
1
class B
24.200
A,
118
119
B
United
■
5
7v
1
Safety Control——-—..
ir,
•
1% "
l¥a
1
participating preferred.Molasses Co Ltd—
United
Serrick Corp
class
preferred-
1st
$3
Jan
13 ¥4
•
n.
;
■>
12 ¥a
United Milk Products.—.
Feb
4 ¥2
50
% Jan
"A
12
Jan
United
1,200
2,900
v
Feb
Jan
A
,%„
4
preferred non-votings—
$7
$6
Feb
5%
A:1
•""%
Convertible stock—
1%
Jan
Stores
warrants.:
Feb
6%
Jan
Jan
'
Jan
10
Jan
13 V4
5>A
I—1
'
1st
6 Vb
57 Va
Option warrants
—
—
United Light & Power common A.
Jan
5 %
;%
•
Selected Industries Inc common.
Cigar-Whelan
Corp
7 Jan
5
jj
12
aoc
United Gas Corp common-——
Jan
13 ¥4
1
'
...—
Feb
52 ¥2
*v' 3,600
—■■;
/
•
pfd_—
& participating
-i
Feb
47
90
9%
-
100
9
8¥a "
Chemicals common
cum
Common
48%
...
United Elastic Corp—.
Jan
r
Co
,
United
Jan
20
417% Jan
•
Co-
;
Jan
6
Aircraft
,r $3
■'
28
Jan
Jan
4
common—':-¥
Products—
:.
1
; A8%
United
¥2 Feb
28
Jan
Jan
25 ¥2
500
28
Feb
2
Feb
Canada—
of
United
Feb
'
2%
Jan
3¥a
1,000
•
United
Jan
13
Jan
Jan
l¥a
-10
Union Investment
Feb'"
1%
Jan"
2
.10c
Corp
Manufacturing
Gas
Union
).
Feb
27 ¥2
Jan
4%
*
Segal Lock & Hardware—
Seiberling Rubber common—.—
$5.50
100
22 V2
27%
General———1
Bros Inc
Shoe
13%
.*.*■
:'c-v.-a
common
Securities Corp
Selby
lVs
preferred
Convertible
Seeman
~1Vb
lVa
—1
25
Scovill Manufacturing—
—25
Scranton Electric $6 preferred-.—-—*
Scranton
Lace common———•
Scranton Spring Brook "Water Service—
$6 preferred
—.
*
Scullin Steel Co common——,—_•
(D A)
Sehulte
Jan
•
—5
Feb
4%
A Jan
700
%
•
Mills—4
Sanford
Unexcelled
2V$ Feb
123
Jan
2 ¥2
3,700
1
Jan
115
275
4%
4%
4%
"
•
l¥a
64,200
121% 123
—1
United Corp common
Samson
122%
—1
Co————
2 Vb
2%.
2%
-100
Paper common.,™—.
preferred—
...—
Regis
7 %
Corp
Realization
Ulen
Corp Ltd
Lawrence
St
2%
—1
Udvlite
7%
pfd—100
L
;
10
1
Ltd—
deposit
receipts.:
Hargreaves Ltd
a
Bs
7%
7¥2
;
•
27/a
2%
-
8
2%
"
-
900
6,200
.
¥
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
NEW YORK CURB
•
New
Interest
Exchange
Curb
York
Low
Gas & Electric
American
2%s
f
s
s
debsLt
Amer
Writing
&
————
deb
J-J
—____2O10
6s_
6s_._._...__1961
Appalachian Elec Pow 3%s_
1970
Appalachian Pow deb 6s———.—2024
Arkansas
Pr
Paper
Lt
&
Elec
Associated
§Associated
_____1956
5s__..
—1953
4%s~—
Gas
Elec
&
deb
deb
4%S_._
90
'A
.105
•
""
91
— ——
106%
125'A
126%'
107%
108%
54%
186
46%
55
16%
14%
16%
Oklahoma Nat Gas
16%
44
13%
16%
Oklahoma Power & Water 5s...
16 %
101
13%
16'A
16%
30
12%
16%
16'A
16'A
14%
76
108
.
108
A-0
16'/a
1977
F-A
Atlanta
:-r
.16'A
:?6
J-J
4%s.__.._.—1955
Atlantic City Elec 3'As—
;_1964
Avery & Sons (B. F.,)—
5s without warrants-*—.
„1947
Light
1-..—
_
Ohio
1st
Power
1st
Convertible
r
4s
5s
M. 5s
Public
Service
C
series
F-A
78%
Penn
108'A
1st
&
Power
Light
Central Lt &
4%s_.
Pwr
5s—
6$
—I960
—1998
———
6%s_...
Inc
1962
..
1968
Birmingham Electric 4%s
,,——1970
Edison.23As
Boston
Broad
River
1954
5s
Power
M-N
M-N
Pennsylvania Water & Power 3%s_1964
Elec
Rapid
108%
110%
115%
115
116
119
118
119
102%
103
Power
M-S
102%
El
111
§ A Central
A
States
90
.—1948
5s—
J-J
1954
1953
L S'/aS
&
-1927
1952
5s ctfs
Cincinnati St Ry 5'As A
§ AChicago
6s
Rys
deb
Public Service
Public
of
'Sinking fund deb 4s—
J-D
St L
P
Connecticut
Lt
COnsol
El Lt
Gas
series
3'4s
.-1st
&
J-D
1st ref mtge
Consolidated
18
84%
90%
92'A
-
91%
92%
92
92%
65
85
1970
J-J
1954
A-O
-
"*
—;——1944
ms
1956
2030
Elmira
Water Lt
Empire
District
5s
El
Residential
Mtge
90%
M-S
M-S-
-
-105'A
•
J-D
100% 101
1952
Coal
Wyoming
Carolina
South
D
series
6s
5s
Power
3%s
Power
California
Southern
Rayon
6s A
.1978
Georgia Power & Light 5s
Coal
Alden
4s__
82%
Counties
Gas
Products
Guantanamo & West 6s—
§AGuardian Investors 5s
..
90%
1951
1967
1970
1947
A-0
A-0
A-0
J-J
91%
Debenture
Debenture
104
106
11
103
104
~4
105
106%
10
104%
6s
&
Power
S1%
j
H
93%
—
96%
42
90%
70
95
91
95%
109
109
109
J-D
100%
5
100'A 100%
78
1
45%
:
109
987/a
78
• •".'
103%
100%
103%
104%
A-0
103%
103'%
104%
105%
102%
104%
"104
104%
34
$107% 108%
106%
10$%
103
$103% 105% •■'■•
103
F-A A
57'
57
"5
57'A
79
;?;> 19%
52%
A-O
*92
—
V.v
'
92
'.■? 3
95
96
./
30
J-D
103%
103% 104
8
101% 102
101%
M-S
4
98
:
97%
98
r*
58%
M-N
104
99%
4
94%
1
101%
98%
36
80%
86%
86
84'A
15
80%
85%
20
112%
114%
105%
Lignt
18%
18%
18
:
i.
.
,
5s
1946
Gas
A,-.-;
16%
•'-"]
J-J
;F>."
J-J
1
19
5
17%
;
.v.
17%
Co
39Va
,
61.
79%
19
40%
$107% 108
—
$16
J-J
J-D
M-S
J-D
48%
49%
•
:.
74%
Middle States Petrol 6Vis
Midland Valley
RR 5s
Gas Light 4'As
P & L 4'As
ref
5s
M-N
1956
2022
1979
1968
5s
*123
126
series
A
Nevada-California "Elec
Amsterdam
Gas
*112% 113%
J-J
A-0
-
123
94
98
:
18
J-J
'•«;—
86%
49
52%
A-O
4s
J
Public
6s series
;
5'As
Ry &
14
14
105%
107
29
107%
108%
111
r; 85%
"•
99
111%
98 %
2
107%
9
86%
112% 112%
•
'
85%
112
i:§. 23
98%
109
100
108%
86%
112%
106%
■
112
99%
*116% 116% '
97%
108%
116'
6'
•
100
116%
i./-
F-A
97
97
97
97
,
M-N
Power
M-S
J-D
1951
Elec 4s
Water
West
3%s
J-D
A-0
J-D
1964
5s
Electric
Penn
West
2030
Traction
Penn
Western
97
4
:
95%
97
96%
3
.
99%
8%
8%
8%
36
4%
*108% 109%
1110
;
109
9%
109
112
6s unstamped
J A York
A
1960
5s
i
$105% 108
—
lao V4
—
102%
106
110
"4
1x5%
115%
Newspaper Union—
extended to 1959
Stamped
;•
extended to 1959
.1937
1947
Co 5s stpd
Rys
5s
F-A
F-A
J-D
J-D
87%
90
'
8
90
85%
90
*65
74
63'%
70
$77%
—
80%
75
80
81
73%
81
478%
Foreign Governments & Municipalities
New
Thursday Week's Range
A
20-year
A
20-year
Bogota
100%
101
49
58
106%
18
105%
106%
24
103'/a
104%
J-D
108%
108% 108'A
103% 103%
'
98
21
City
of
Oct
A-O
57'A
J-D
—
M-N
J-D
97%
113%
114 %
51
50'A
57%
56%
8
57%
65
7s
88%
r
Janeiro
50
85%
50
76
87%
88%
28
82%
106
3
15%
49
46
46
..
44%
46
—
42
J-J
—
*9
15
6%s
1931
1972
1958
1959
1919
1921
*No
r
" J-D
J-D
M-S
J-J
J-D
J-J
*3%
—-
1
—
11%
22%
1
—
$15'%
16%
—
—
$32
34%
—
—
*32
—
13%
20
—
22%
23%
„
.—
—
—
—
2%
+17%
__
+40
+28
20
2%
2%
45
30%
20
2%
2%
16%
.
16%
32
32
—
18%
19
—
22%
30
21%
par
Cash sale,
104
value,
x
a
%,
—
5
68
15
17
2%
2%
3%
3
Deferred delivery sale, d Ex-Interest,
e Odd-lot sale,
n Under-the-ru!e sale,
y Cash sale not included in year's range, Easy Washing Machine class
Ex-dividend,
B. June 26 at 2%.
and asked prices; no sales being transacted during current week.
traded flat.
56%
"Thursday's bid
ABonds being
107%
gReported in receivership.
85%
Abbreviations used above—"cod,"
88%
tive; "conv,"
106
6 %s
Government
57%
49%
107%
84%
85%
"
14%
51%
A-0
A5%s
98'A
7
57%
55'A
—
de
—
117%
55%
I
98%
*108% 110
A-O
115%
46
114
57 3 a
M-N
A Russian
55%
—
M-S
A Rio
114%
97%
98%
J-J
2
99%
15'%
*41
1927
of Denmark 5s
(State)
21
*15
—
*47
M-N
AMortgage Bank of Chile 6s
110%
46
—
J-D
Mortgage Bank
12%
—
—
stamped
,—..1951
Mortgage Bank of Bogota 7s———1947
Alssue of May 1927.
4—
113
98
—
—
F-A
7s
108%
108
,
—
M-N
—
104%
1
—
M-N
112%
High
•
....
107%
2
J-D
1958
7s
103%
40
+46
*46
—
M-S
1
109%
—
8%s stamped_1958
(Peru)
6
117% 117%
M-S
Nov 1949
21
108
108
J-D
J-D
98
17%
F-A
F-A
A-0
J-J
1952
& Waterways—
6%s stamped—
AExternal
Alssue
Low
1953
6
.
112% 112'A
No.
4
1955
Danzig Port
AMedellin
High
Range Since
January 1
Bonds
Sold
Last
or Thursday's
Sale Price Bid & Asked
1
April 1940
Jan 1947'
of)
1948
5s
AMaranho
51
Bank
5%s
Extended
ALima
106
--
7s
Mortgage
Valley 7s
101
104% 104%
'
12
7s
(see
110%
106%
M-N
Feb.
Agricultural Mortgage Bank (Col)—
109%
104%
J-J
Interest
Period
Exchange
Curb
Ended
Low
__r
52%
York
Week
109%
Service—
12%
11
108% 108%
*108
99%
A-0
1954
debs
income
A5s
Wash
100%
■
M-S
1954
A
14
12%
& Power Co—
cons
Wash
98
J-D
'
Orleans
'
Waldorf-Astoria Hotel—
108
-4
*100'/a 101
■
1961
—1948
5'As
Debenture
25%
18
108% 108%
F-A
108%
110%
'
1950
5s
24
26
J-J
A-0
&
1
*100% 101%
'
+»—
1948
deb
England Power, 3'As
England Power Assn 5s
71%
*97
1959
Light
1st lien
113
108%
98
M-N
M-S
1947
5s
64'%
*111% 112%
"
109
123
112%
8
109% 109%
—
1948
Eng Gas & El Assn 5s
r—
(Delaware) 5%s_1952
United Light & Railways (Maine) —
6s series A
1952
Utah Power & Light Co—
1st lien & gen 4'As
1944
Debenture 6s series A
2022
United
19%
109%
*108'A 110
—,
J-D
1956
5s
5s
14
106'A 107
"108%
J-J
106% ;106%
-'
110% 110%
1981
2022
4'As
72%
71%
F-A
112%
N
'
Power
65%
14
106%
J-D
Electric
50%
107%
.'4
•
*109% 110%
1943
20
70%
14
J-J
1949
United
40%
16%
:;•>,/ 8
*106% 111
J*.
M-S
M-N
SANational Public Service 5s ctfs—1978
71%
$11
86%
AParana
Nassau & Suffolk Ltg 5s
72
70%
*25'A
J-D
108%
46
84
107 '/a 10a %
F-A
1957
1951
Mississippi P & L 5s
Mississippi River Pow 1st 5s
65%
"
70%
1952
79%
36
..
50%
1965
1945
1943
1967
1978
1955
G
15
71%
71
A-0
1960
5s
3'As—
Edison
Danish
4'As
Edison 4s E
72%
71
71%
70%
18%
107%
..
20
1948
1947
1971
conv
Metropolitan
72
65'A
71
71%
19
17%
; v
Radiator & Mfg—
stamped
65
22
71%
W::6-
18%
19
1;,
"■-"78
40
M-3
19
V/
....
;
16%
•' "'•• '
■; '
r—
•"!;
1966
2022
1969
1966
1957
Light 3'As
Dist Pow 3'As
72%
13
71%
19
$18%'22 \
•
J-J
1965
Pow & Lt 5s
66
64%
71%
1
'
•
tmmrn.m
1963
Electric 6s
98%
62
65
—
1946
Light 5s
Power
6s stamped
22
:-
F-A
1942
6s
(stamped)
96%
65
■
J-J
v
deposit
City Rapid Transit 5'As
Twin
18%
J-D
-'"J.#
Water
Toledo
''
'
-
1957
;——.1950
6s
A
series
6s
108'/a
108'/a
108
*17
'V," '
Power &
Texas
Tide
102
103
84 %
108%"
f
102
*112% 112%
82
;i.' ;•
71%
10
107%
107
82
85
1','
.
A-0
111%
4104%
21
•
"
;
101% 101%
F-A
; ■96
.
M-N
J-J
'96%
,
110%
*110% 112
J-D
F-A
F-A
A-O
107
-
* 111'A
-mi
93%
93
r'• 93%
A-O
F-A
J-D
United Lt & Rys
*111% 112%
J-D
A-O
A-O
1957
Service
Electric
Texas
22
__
—
98%
*106% 107% *
-97%
98%
100%
•
,
5
22
22
1087/a
1
78
*43%
V4.
'
—
105% 107
Superpower
AIncome
100%
2
M-S
(Hugo) Industries—
7-4s 2nd stamped—
ACauca
New
21
Corp—
Certificates of
92%
57
105%;:
Kansas Power &
New
88
103%
Stinnes
95
—
25
A-0
Lake Superior
Conv
131
85%
98
— -.
A-0
Kansas Gas &
New
131
"7
*103% 105
J-J
F-A
•
15
96%
i
92
F-A
J-J
-Jan 1949
Jersey Cent Pow & Lt 3'AsKansas Electric Power 3'As—
New
2
88
4103% 105
M-S
BONDS
6s
131
103
M-N
stamped
3d
•.-7-48
105%
97
-
'
1st 6s ser A—;
A Jacksonville
New
114
-
debentures..
(Hugo)
Stinnes
14
:.'k '
•
3%S—
Lt
gold
Standard
*94
M-N
■
Nebraska
82
111%
102% 103%
1989
6s
124
70
J-D
Jan 1949
Power
&
79
6
307 %
.2022
6s
124
102
96
J-J
1967
1953
1st & ref 5'As series B—
1954
1st & ref 5s series C___—
1956
S f deb 5'As
May 1957
Indiana Hydro-Elec 5s
1958
Indiana
Service 5s
1950
1st lien & ret 5s
1963
AIndianapolis Gas 5s A
:
1952
Indianapolis P & L 3'As
1970
SInternational Power Sec—
A6'As series C
1955
A6'As (Dec 1 1941 coup)
1955
A7s series E
—1957
A7S (Aug 1941 coupon)
1957
A 7s
series F_
:
:
1952
A7s (July 1941 coupon)
1952
Interstate Power 5s„
:
1957
Debenture
6s
1952
Iowa Power & Light 4'As
1958
1st
102 4
102%
1951
Dec 1 1966
85%
91%
M-S
1948
B
Minnesota
100%
11
80%
87
J-J
1970
6s
Spalding (A G) deb 5s
Standard Gas & Electric—
(stamped).
Conv 6s stamped-.
64
92
M-S
1966
Hygrade Food 6s ser A
Milwaukee
12
: "
*58
88
May 1948
——May 1948
L
&
P
Southwestern
85
102%
26
'
75
96'A
J-D
1958
& Pwr 3'As
series
102%
-
"
4s
103'.,
101%
■
87%
1
95
$100
'
-
1945
-.
94V2
94%
J-J
1950
1950
1963
stpd
Mountain" Pow 3%_.
Mengel
131
M-S>
1871
1951;
Rys 4s
79
69
104% 105
-
A-O
1941
Nor Power 5s
Grocery Store
6s
102%
5
(Calif)—
Gas
6s
•"
175
106%
•106
J-D
1965
.
§AGobel (Adolf) 4Vis ser A
Grand Trunk West 4s
McCord
80%
145,r;
24-
102
112% 113
J-D
3s_—1965
3%s
1970
1st
AStarrett Corp inc
1969
1953
.1948
A
Serv 5s
Pub
Louisiana
108%
138'%
102% 102%
80%
A-0
Edison
California
Southwestern Gas & Elec 3'As
"
103% 103%
105
Altalian
102%
."J-D
1957
3s—
121%
•*j'
"
Sheridan
Southern
*46
J-J
Pwr &
102
1951
103%
61
;
85%
91%
104% 105%
"
103%
M-N
1954
111
$142 % 145
M-N
J-D
1952
6s
121
124
124
124
Florida Pow & Lt 5s
Idaho
Estate
102
85
91%
106%
series
Real
4%s
1st
119%
101
,
83%
J-D
6s
82
77
106%
110
M-N
1979
Shawinigan Water & Pwr 4%s
Bank—
stamped
Houston Lt
111%
84
107%. 107%
1950
mtge 3s
Southern Indiana
5
M-S
Green
*82%
98%
111%
111
.
1950
109%
2
.
91%
V
1966
Great
:
1949
108
85
85
85%
'
,
F-A
1961
Glen
M-S
.
97%
111
104%
109%
101% 102
:
Florida Power Co 4s ser C—.
AGeneral
1
10
114
108%
105%
3
•
90%
89
;
85
4
M-S
1954
5%s
-
'
1952
5s—j.—
Federal Water Service
General
98%
4111%
103'%
1
*121% 123%
-
xxxx-~:.~x
1956
& RR 5s—
'
•
.
J-D
—,—-.1955
& Light
Power
■
F-A
;
33As
Eastern Gas &c Fuel 4s ser A
Gatlneau
%
V 1H% 111'A
107%
18
103% 103%
—
.,
98
111%
*109
Pwr 6s B
Joaquin Lt &
ASchulte
93%
119%
107% 108
108
115
105%
*. 104'A 104%
4%s
Water
Scullin Steel inc mtge
93'A
86
13
*
109% 109%
-
108'A
113
105
:,;4;
MS
C
series
Southern
1
Packing
6s-5s
87
86 %
*119% 120%
J-D
2%» ser Q
(Bait City)—
Cuban Tobacco 5s
Finland
83%
90
86%
v
J-D
1969
Continental Gas & El 5s„1958:
Electric
87%
14
San
94
91%
99
V
.
89
84%
88%
86%
1
2
105%
.
Gas
4'As
Gen mtge
Cudahy
104%
•
5
94
87'A
M-N
_1971
P„.—:
ser
103
107%
,■
—
A-0
1969
4'As series D__
Harbor
Safe
(Bait)—
Pr
&
N—
mtge 3s
ref
1951
A
7s
Pr
102
92%
M-N
S'/aS—
100'A
•'
-
Service
5 '/as
3
88
A-O
1949
Cities
101
ref
105
105%
49
•94
-
M-S
1952
5s_'
45%
&
5s
105%
Jersey—
Queens Borough Gas & Electric—
5'As series A
100%
7
ref
&
1st
28
13
100
'
'
1st
■
33'%
104%
J-D
J-D
perpetual certificates
Sound P & L 5%s._
Puget
28
48
$103% 104%
A-O
M-S
-1969
5s
Debenture
13
287
■
"
48
91
106%
47
4
1958
Debenture
177
28
-
105%
101
A-O
1950
5s
20
85%
2
New
*107
102%
30'%
102%
12
4s
of Indiana
103%
Service
34%
,114% 114'A
105
M-N
v'
101%
'
—_—1964
—.—1949
105
6%
28
*47%
47
'V,
1966
Jan
5s
Service
Conv
•
28
MS
F-A
1955
B
series
Cities
••";19%
28
101%
14
108'A 108%
■
J-J
'
..1961
Colorado—
102%
14
':■•■ ■•'
106% 106%
J-J
;
—
Central States P
>■•
106%
J-D
—1950
4'As B——.—1959
of
mtge 3'As—....
103%
91
90%
M-N
—1964
3%s__.
Elep
5'/2s
1953
5s...
Power
Gas
&
109
100%
;
1956
101%
'
Northern
Capada
Central
Co
\
M-S
li'
/.
(Can)
Corp
1962
E
5s
103%
104
110%
108'%
4106% 107%
F-A
-
F
10
102% 102%
*103
M-S
109'%
3
103% 104'A
J-J
1972
6s
Co—
20
105
104
104%
J-D
1st
Transit
extended—J
Edison
series
Public Service
*102% 105
A-0
5%s
433 %
104
j-d
'
1970
—
Power
& Coke
stamped
5s
4%s
*150
Q-F
106%
101% 102%
'
M-N
Philadelphia
—
101%
J -J
1977
.—1979
;
.....
107%
Potomac
——
—
Steel
Bethlehem
Bickford's
108
109%
21
5s
1955
Park Lexington 1st mtge 3s___ —1964
Pacific
100%
24
107%
107%
105%
109% 110
16%
106%
115
109%
F-A
1
*100% 101'/2
100%
'109% 110%
110%
J-D
64%
109
27
109'A
-108% 108%
119
M-3
109
*105% 106%
:
A-0
115
1950
109%
F-A
3'As
—1957
54%
107%
107% 107%
A-0
A-0
3%s B—-Aug 1955
100 'A 100 'A
of Canada—
series B__._
60%
:• M-N
—1962
3'As
mtge
3s—
mtge
Portland Gas
6s
Telephone
1st
59 %
108% 108%
1948
Baldwin Locomotive Works—
Bell
107
*115%
108%
F-A
1945
1968
...1971
Ogden Gas 1st 5s
Philadelphia
:
112
,•
107'A 107'/a
107'A
MS
J-D
"
■
High,
111
107
72%
16
*108% 110
Low
2
112
*107
—;
108 %
:
4"
Range Since
January *
No.
High
112
—
16%
75
1968
J-j
J-J
1969 ;
1st 3%s series A
15%
F- A
J-J
—1948
*16
15%
-1950
M-S
Utility ,5%s.....
53%
%
Sold
M-N
1954;
5s.—.—.....
Cont'l
6
54%
M-S
Bonds
Sale Price Bid & Asked
Northern Ind Public Service—
14
16
^
1964
2004
Ltg 4s
108'A 108'A
125'A 126'/a
108'A
J-J
Westchester
&
Debenture
89
2,
1
Y
Nor
99'A
'
91
108
J-D
J-J
A-0
108%
96
,
Thursday Week's Range
Last
or Thursday's
period
Gas 3%s
Y State Elec &
N
106%
107%
; 9
104
99'A
"
J-J
Assoc T & T deb 5V2S A——1955
Gas
4
106%
99
99'A
M-S
16
5V2S———
deb
106
108'A 108'A
J-J
Interest
12
Feb.
High
103%, 104%
"
J-J
1949
AConv deb 5s—........^
AConv
22
104%
Exchange
Curb
Low
Ohio
—1948
4%s~.;
AConv
5s
Low
Co—
AConv
A Debenture
104
J-J
1960
1970
f''debs......—.......
f
Pow
January 1
No.
York
Week Ended
N
1950
s
3%s
3%s
Sold
High
New
Range Since
Co.—
debs..
Amer
Bonds
Sale Price Bid & Asked
Period
12
Week Ended Feb.
EXCHANGE
BONDS
•Thursday Week's Range
Last
or Thursday's
BONDS
•
625
106
"w
certificates of deposit; "cons," consolidated; "cum,"
convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting
"w w," with warrants; "x w," without warrants.
i," when issued:
cumula¬
trust certificates;
THE COMMERCIAL & FINANCIAL CHRONICLE
626
0
to
12
Feb.
both
inclusive,
compiled
Thursday
Corporation
Transit
Baltimore
1st
preferred v t c
%ft
preferred
Eastern
Fidelity & Deposit
of
Co
Finance
Amer
preferred
Oil
Houston
Mercantile
of
vtc
Texas
Trust
Amsterdam
tvew
Northern
U S
24
Aviation
57%
Jan
59%
Feb
Barber
Co
114:,'4
Jan
Feb
Barlow
&
6%
128
116
9%
Jan
Jan
9%
1
9'A
Belmont
Bendlx
Jan
30
Feb
Berghoff
Jan
13%
Jan
Bliss
&
22%
Warner
Jan
25
210
Jan
213
Feb
Borg
77
Jan
78%
Feb
Brown Fence
910
22
Jan
24
Feb
300
78%
241
.
94
94
200
93
Jan
94
Feb
Bruce
Co
56
55
56
155
51%
Jan
55%
Feb
Bunte
Bros
29%
Jan
32% Feb
Butler
52
Jan
31%
31%
53
53
$32,500
58%
59
6,500
56%
Jan
500
100%
Feb
490
5%
BoildS
Transit
Co
4s_
1975
-.1975
5s series A
series
5s
B
„
1975
—
1'
53
100%
100% 100%
Y
12
both
inclusive,
cumul
Week's
Last
•
STOCKS—
Castle
60
Jan
Central
Central
111
&
Co
&
Refining___
—100
Tel
American
Tel
Anaconda
100
Copper
& Son
Bird
&
&
*
RR
Boston Elevated "Ry
1%
10
Maine
Corp
10%
Jan
9%
10
165
1,909
65
65
66%
253
15%
15%
15%
140
Range
135
Feb
Jan
Jan
10
87%
27%
Feb
62%
Jan
66%
Feb
14
Jan
15%
Jan
V
13%
2,175
8%
•1%
5
1 %
Jan
155
1%
Jan
2%
2%
2%
125
1% ■Jan
2%
2%
3
7
7%
6
*
East Boston Company—
10
V
—
Jan
13%
V t
—*
Common
prior preferred-
Eastern "Mass Street Ry common——100
6'/«
1st
67b
preferred
5 7b
preferred
class
B
2%
Jan
3
Employers
common-—
Jan
7%
Feb
4%
Jan
5%
Jan
Jan
90c
Service
9%
"
*
Gillette
33%
•
Safety Razor Co—
Bakeries
Hathaway
•Class B
class
•
_
6
•
A——*
Royale
Copper
Loews
57b
Maine Central RR.
Associates
Util
Mass
——25
Theatres
Boston
Mergenthaler Linotype
Jan
Jan
Jan
Jan
-3%
104
-
7%
Jan
9%
__
Jan
29%
Jan
9
197
2%
Jan
<4%
National
National
Service
1
Companies—
Tunnel
Mines
&
__
Jan
34%
Jan
6%
260
2%
35
26C
CO 0
c^
Jan
Jan
4
2%
Feb
100
15c
Feb
100
6%
-5
Jan
34%
•'
"
England Tel & Tel.—
New River Co 6 7c cum preferred
100
100
6%
Hartford RR—
'
,•
Y N H
&
North Butte Mining
80c
Jan
90c
28%
Jan
31%
2.50
—
3%
Old Colony RR————r——100
Pacific Mills
,—.—_—.—_•
14%
RR
—50
__—_—
Quincy Mining Company-.-.
&
Stone
Webster
7
3
xl4%
Jan
14%
Feb
Twist
Union
180
12%
Jan
15
100
12c
Jan
25c
40%
40%
50
35%
Jan
6%
714
356
6%
Jan
7%
2c
2c
Feb
2c
2%
Jan
2%
United
Drug
Fruit
6 7o
U
Inc——L—
Co—
41
Machinery Corp
Utah
Metal
&
:——
22%
8%
1%
1%
60
85c
Jan
Waldorf
Holding
30
24c
Jan
15c
Jan
42c
&
Maine
■1st mortgage
Income
4%s series
fs
series
Ry—
30c
100
12
Jan
12%
Jan
15%
12
60
Feb
14
Feb
6%
!
Jan
1
Feb
.
'
1,500
5%
Jan
23
525
20%
Jan
23
Feb
18%
500
15%
Feb
18%
Feb
;
74%
190
69%
Jan
79%
Feb
J:
7%
150
Jan
7lA
Feb
6%
7%
%
lit
a
IB
4.950
34%
6
170
n
Jan
26
Jan
Jan
35
4%
3
4%
20
4%
Jan
4%
Feb
11'A
200
9%
Jan
11%
Feb
3 >■
Feb
:
40%
'
Feb
1 a
10%
,'•
11%
3
2%
40%
•"'■ "■ 2
18,300
40%
19
Jan
22%
200
k; Jan
38%
.
Jan
|
1
{
!
Feb
Jan
25%
Feb
66c
Jan
90c
1,601
150
10
194
Jan
108
)
Jan
■
j
5% Jan
8%
.
—'
Lines
0
72%
Feb
Jan
6%
Jan
»
24%
"2,750
21%
Jan
24%
Jan
f
3%
400
2%
Jan
3%
Jan
'>:••
•
17%
t
1%
Jan
1%
Jan
Jan
11%
Feb
,1(
18%
215
16%
Jan
19
Jan
'
16'..
205
14%
Jan
16%
Jan
13%.
200
90
Jan
33
Jan
35%
35%
15
8%
138
7%
Jan
8%
Feb
%
67%
854
64%
Jan
68%
Co
65%
729
63%
Jan
69
250
11%
Jan
350
26%
130
42%
Jan
44
4%
75
25%
Jan
29%
8%
—
.
v-"
Feb
Jun
11%
Feb
150
10
Jan
11%
Jan
100
10
Jan
12
Feb
31%
Jan
32%
Jan
Jan
; 4%
*'■•••
1
15%
3-5,
4%)
34%
8
•
:
65
.15%-Y;
6%
Jan
150
40%
40%
40%
*
11
11
11
3
"10
23c
Jan
29c
t
J
;
47%
A
15% Feb
37%
Jan
40%
Feb
r
10','4
A
•
Jan./..
11 -
Jan
■■{
Jan
2
Feb
3
36%
37%
141
34%
Jan
37%
;i 46%
47%
950
44%
Jan
6%
6%
4%. Jan
6% Feb
5%
:
47% Feb
5>-
wA, X-V- '
v—
common
100
Feb
Feb
Jan
1,150
r
8%
4%
14
-
250
3
-2%
35% Feb
Y
Jan
3%
Feb
Feb
7% Feb
33% Feb
600
,
27
Feb
600
1-.
—5
common-
Jan
6%
150
4%
3%
23
250
8%!.V
15%'
.
'••
2,550
35%
,
4%
/
50
27
7%
7
4%
—.i—
32%
4%
-
.
*
.
•
*
common.
Y
u%
13%
J.-»
';.Y''
Y-'<-4
,
Inc
26
Erick
Co
25
Jan
250
Y10
13%
50
.
12
v;
Feb
•
"V
capital
2%
2%
':-Y'Yf
25
Jan
11%
■
.
Jan
12
'•
•
Jan
12
Feb
l
Feb
'
1 %
Jan
2%
Feb
Y
7%
YY:'
800
8%
27
.
Y
Feb
Feb
Jan
Feb
.
8%
Feb
•'
Feb
7%
t
Jan
1,600
■
YY
'
in.
i<?
10
950
YY 2%
•8%
-w*
Jan
8
Jun
;
Jan
12%
7%
"'
Feb
Yl3%
6
180
1,
27%
-
Apr
130
12
-
i.
1
Feb
Jan
150
12
'.'•j" -1
__
5%
8%
;
500
■;
26%
11%
w
class -B.
•
7%
10%
common
Jan
202
8
•Y 7%
4%
12%
8
"
I
150
'150
•
27%
13%
common. .10
capital
27%
Y. ;
—:
10
common
i
27%
common.-
100
Katz
Feb
27c
Feb
30
9
11%
::'Y 26%
35%
-10
Brewing
Steel Products
International
Jan
29
12%
Jan
470
-•
625
<
•
21
YY~::Y4'
21 %
14%
•
14% -••
'
Jan
8%
19
Jan
21%
Feb
:
11%
150
a
205
"
Jun
14%
Feb
?.
'
Jan
43%
28%
Feb
:Jan
11%
32%
•.
common———a*
(H'W)
f
—i
common
(W
Harvester
B)
common—
4%
4%
67%
4%
67%
58%
X10%
Y--;YY
1
capital
Co
y;
#
*
10%
4% ■Jan;:'';:
1,000
t#-
36
470
57
Jan
Drug Co common
—
/.'• 4
1
3%
11%
■
4%
Feb
Jan
68%
Jan
Jan
63
59%
60%
Feb
11%
Jan
''
210
9%
Jan
4
600
3%
Jan
4
63a
500
5%
Jan
6%
Feb
3
Jan
3%
Feb
!
5
Jan,
6 %
Jan
<
Feb
Jan
63%
-
13% Feb
11%
11%
7%
Printing Co
Indiana
Feb
29%
1%
32%
90
18
12%
11 %
*
Jan
Jan
100
30
12%
—
10%
83
17% Feb
30
17%
28%
% 10%
\
__
5
Inland Steel Co capital——...—__
Feb
1%
i
.1%
10%
13
12%
I
Motors
Jan
ID
130
V 17%
11%
.
-—15
Foods iCommon
Feb
3%
90
,
>—■■■•
—1
Corp
Finance Corp
20
15%
16
Co
common.
8%
Feb
Y47
•
r"
—...
Auto
Jan
2%
j
11%.
.11
V
Util
Feb
18%
"
*
—
11%
.
1,260
:.>!
2%
1%
•
-v -.
11%
30
2
70O
8%
•iv 1%
•
•
common—
Inc.
Corp
Jan
3%
24%
'
common—
Drive
67%
450
t,
.100
"•»••■
12 Va
304
6%
%"• Y 2%
—25
...
Jan
72%
6%
24%
12
71 %
•'
Feb
Feb
12
72%
'
10
Jan
Vfi 430
108
'
Feb
23%
.
'.••
108
„
v
General Dandy class A
100
Feb
Switchboard
Kellogg
Leath
-
&
Co
*■
common
_
3
3
7
5%
5%
6
*
————*
Lindsay Light & Chemical common—*
Lion Oil Ref'g Co capital
*
$3.50
8
1
1
Feb
8%
1,375
7%
Jan
8%
preferred
206
80%
Jan
89 %
Liquid
Feb
Carbonic
common—___——*
—*
50
-Y
4,200 r
200
%
Jan
1
Jan
11%
11%
10
9%
Jan
12
Jan
3%
3%
100
2%
Jan
13%
13%
50
12 V*
Jan
14
Jan
17%
18%
75
15%
Jan
18%
Feb
4%
900
2%
Feb
4%
Feb
1
1 •
11%
__
.
1
3%
Feb
Jan
88%
:'Y- 6%
3
Printing Co common—:
Lincoln
6%
>#
common..————
Libby McNeill & 'Libby common—
5
1
Feb
Loudon Packing common
Field
Marshall
McCord Bad &
common——:*
Mfg
Co
class A
McQuay-Norris Mfg common
*
4%
4
12
11%
12
325
10
Jan
15
14%
15
250
13
Jan
15
37%
37%
130
37%
Feb
37% Feb
1%
Jan
—*
12
Feb
.
V Feb
"
1960
75
V
.
1943
44%
$2,000
6,000
75
Jan
76
Jan
40%
Jan
44%
Feb
__
104% 104%
107% 107%
5,000
103%
Jan
104%
107%
Feb
107%
Feb
Jail
19%
Jan
4%
4%
4%
400
4'A
Jan
4%
Jan
Feb
5
5%
5%
5%
2,350
4%
Jan
5%
Jan
9%
10%
2,700
8%
Jan
10%
2%
200
1%
2%
'200
'%
%
50
A
Middle
West
Corp capital
Midlamd United conv pfd
.
Chicago Stock Exchange
to Feb.
12
both
Last
STOCKS-
Sale Price
Par
Abbott Laboratories common
5
Castings
Week's
■Range
of Prices
Low
•
Advanced Alum
56
4
Aetna Ball Bearing common—
Allied Laboratories common—
*
12%
12%
*
12%
12%
A Ills
•
Chalmers Mfg Co
For footnotes see page 632.
r
inclusive, compiled from official sales lists
Thur^day
.29
_—-1
common-
2
2%
19
19
cumul paftic
900
19
30
.
;
Feb
150
2%
preferred—
Mickelberry's Food Prod common —i
Class
$2
>
—1948
—
75
44%
Midland
15% '
j
Independent Pneumatic Tool v
Feb
190
699
>
•
755
3(87%
A—1970
A———
6
Feb
3
Merch & Manufacturers Secser
D___—
Feb.
29%
Jan
73
Illinois Central RR common
RR—
4% series RR_.
mortgage 4 % %
Eastern Mass Street
Jan
1%
33%
Indianapolis Pwr & Lt commonaii.! jy
V
BONDS
Boston
8%
26%
400
17%
v
.
■Gardner .Denver, Co conimon..—
General American Transp pomhion—
Illinois
Jan
32%
-
1
•
50
650
2%
6
3%
Hupp Motor Car common
Feb
27c
Corporation—!
System. Inc
Westinghouse Electric
29%
10
—
Venezuela
Feb
:i1
;
common
Houdaille-Hershey
Feb
%
43%
;
16%
12
common..—_1
Mfg
Co
Mfg Co
Horders
Feb
7%
__
Jan
15%
'
25
—
National Watch
Jarvis
65%
1
Feb
125
21c
25%
66
10
Tunnel—
60
64
30C
22%
66%
Jan
13%
2%
Hlbbard Spencer Bartlett common^. -25
Jan
101
10
7
25
-
Jan
%
25%
35
25
cumul preferredRubber
S
86
60
1%
*
.
10
485
80c
5
-
2%
31%
4%
250
28%
.
'
Harnisohfeger Corporation
Feb
1,000
97
35 %
Feb
Jan
250
6
16%
*
I
Household
Elgin
Gossard
Feb
5
5%
15%
16%
«
common——.
Air
Hall
Feb
32%
1
common.
Goodyear-Tire & Rubber
.
Feb
8
*
Feb
36%
34
'.
Feb
25C1
*
Drill
United
United Shoe
:
7%
Jan
*
Gillette Safety Razor common
Bros Inc common.-.-—..
Feb
15
85c
common——.'3
(The)
Co
Torrington
.a_25
Inc——
Elec Secur
Suburban
,
25%
Jan
18%
—
——
V
Heileman
21c
.
1
—
Pennsylvania
5%
329
Goldblatt
Jan
27c
__
750
36%
5
common.^.
common
Feb
Feb
%
Feb
7%
36%
7
7
•■>.
—_5 ' "
General
Feb
32
60
Feb
15%
_
"
Feb
100
__
11%
Jim
21%
capital
General
Jan
6%
478
100
N
Jan
13%
1
■
"
.
Feb
3%
25c
3%
94
9%
200
22%
preferred-
conv
General
31%
94
250
15%
«
_
Corp__.
Rubber
.'
Puller
Feb
85c
2%
——
New
11%
participating shares—u '11:50
Four-Wheel
Feb
31%
2c
YY'Y
7'%
10%
16%
6%
common
Edison
Fairbanks Morse
Jan
27%
319
1,018
•
Jan
25c
*
Feb
11
"15%
_50c
com
common
Electric
Jan
31
15
i—5
——
12%
—
"
Nash-Kelvinator
Feb
73
common
Eversharp Inc
Feb
4%
14%
__
12%
Dodge Mfg Corp. common—1——*
Jan
33%
3
c———1
_—
2%
98
30%
85c
preferred—100
v t
;Y
33%
34%
Co
Oil
Dixie-Vortex
Jan
85c
5
common
100
&,Co. common———_—*30
Feb
25
6
70
C5a
—15
_a
—
Copper
Corp (Del)
Lamson
52%
Jan
25
275
•25C
__
Util
Diamond T Motor Car
1% -Feb
Jan
19%
72
9%
:
Corp
Eastern
42
65
7
29%
2%
—_____——_—___'*
•Kennecott
25
9%
6
International Button Hole Mach Co—10
Isle
500
30%
33%
Co
Dayton
Feb
1
■3%
—0
General Electric
90
180
28%
-
.
-
1
.——
% •Jan
226
.
314
•
12%
_
Corp
pfd
c
•Deere
104
6%
*
National Stores——
3
30%
■__•
.
*
Association
-1%
25
104
100
Lines
Public
Engineers
•First
:
3
12%
4
Preferred
Jan
G%
52%
24%
104
100
adjustment-;
Group
SS
Eastern
.&■:•%
Feb
12%
pid
_
Cudahy. Packing
•
preferred series A—£—100
Jan
4 %
Cunningham Drug Stores—-—.—2%
2% Jan
186
300
51
25
%
Jan
«
West
Service Co.
Feb
65
1
1%
1%
100
—100
6% .preferred
Jan
3%
Container Corp of Amer common.. —20
•
4%%
i/„
2,350
—
Jan
325
;YV
5%
95C
100
4%
-
Consumers Co-*-
Gas & Fuel Associates-
Eastern
%
3%
10
$6
v.'-' Common pt sh v t c class A._
Common pt sh vtc class B——
1% -Jan
2%
7%
Co
%
1%
Jan
i
South
Consolidated
Jan
Jan
9
2%
5
___
Serv
Consolidated Biscuit
Jan
Jan
24
1%
2%
Feb
30
preferred
Commonwealth
Jan
27%
12%
2%
4
6%
common
Puh
Chicago "Yellow Cab
Crane
1st pfd stamped—__100
class D
•19%
81%
107
85%
27%
13%
Jan
_10
preferred
(A M)
Towel
Chrysler
High
RR—
Calumet & Hecla
Copper
Jan
24%
84%
—100
preferred stamped—
1
100
class A 1st pfd stamped—'100
class B 1st pfd stamped—100
8%
127 %
451
26%
♦
Jan
1,776
84%
prior preferred
S'/b
17%
27
27%
100
Boston Herald Traveler
.' •5%
Range Since January 1
15
25
Albany
2%
"
Low
19%
26%
1.300
Secur
Burrell
Chicago
135
131
4
5
Chicago Corp common
7 Convertible preferred.—
lists
sales
Shares
100
Edison
k
134
—50
Inc
Boston
Boston
Boston
official
High
19%
__
3%
10
—
.
States Pow & Lt pfd
Cherry
Cities
Sugar
3%
Sales
of Prices
Low
•
Feb
1
-■
Illinois
Feb
101%
for Week
'Range
Sale Price
Par
American
Feb
IV
5
common
conv.
Jan
Exchange
compiled from
12
Jan
I
common
common
54%
Central
to Feb.
Jan
Wire—
(EL)
Preferred
0
10
%
_5
Corp
Brothers
•Central
Feb.
4
50
common..:——5
Corp
&
Convertible
Boston Stock
134%
Jan
3
_
—
31%
Jan
3
1,020
,—10
—
Common
_■>
50
Jan
128%
Jan
3
13
Feb
942
2,300
4
1 %
3
—
common..
Brewing
101
11%
Corp.——______•
Laughlin
Jan
1
1%
cl. A -com——5
Jan
13
High
90 %'
1
Belden Mfg Co common.—
Radio
Low
133%
3%
11%
_1
common
Aviation
Range Since January 1
60
101
131
4
common-.
Seelig Mfg
Shares
High
97
"3%
5
—
Feb
50
com_
Fidelity & Guar..__—
Baltimore
(W H)
20
213
23%
101
100
,
Jan
131
Jan
Wash'er
4
24
capital
common
Corp (Delaware)—--—.
12
78%
2
Ry
Power
&
Automatic
30
213
78%
100
Feb
1313%
__
100
Casualty
Central
Water
Penna
pfd
Jan
Jan
27
9V4
30
_50
Mills
1.50
12%
Feb
21
__
pfd—-—125
Co—
Athey
35
__
.
—
Vernon-Woodbury
Mt
-100
100
— —
Co
Mfg Co common—
Truss Wheel capital
Feb
1.10
433
9%
Feb
Co
Tel
Low
Equipment Co common.^——__1
Jan
17
preferred
&
Asbestos
9
9%
—
Jan
&
20
59V2
116
9
Serv
Tel
27
4
130% 130%
__
5
com—
640
27
59V2
__
^0
1st pfd
Georgia Sou & Fla
2d
A
10'A
16
Aro
High ».•',••
Low
'
134
116
1
vtc
com
598
1.10
9
59%
——:
I6V2
27
B—— —100
Assoc
Sugars
9
& Power—
'
1.10
__
Armour
Range Since January 1
High
Pub
American
Shares
16%
__
—100
1
Brager Eisenberg Inc
Consol Gas Elec Light
4
16%
vtc—*
common
Par
Amer
for Week
Range
of Prices
Sale Price
lists
sales
for Week
of Prices
Low
*
_____
Co
official
Last
STOCKS-
Sales
Range
Sale Price
Par
Arundel
from
Week's
Last
STOCKS
Exchange
Sales
Week's
Thursday
Baltimore Stock
Feb.
Monday, February 15, 1943
—
Modine
Range Since January .1
Monroe
High
Low
56%
154
4%
200
12%
150
11
13%
650
30%
279
High
10%
Mfg common—-——
Chemical Co preferred—.
Montgomery
Ward
6=
Co
common..
51%
Jan
56%
Feb
2%
Jan
4%
Feb
Jan
12%
Feb
National Cylinder Gas commsn—. „1
National, Pressure Cooker common.. -2
12%
Jan
14%
Jan
National
25%
Jan
30%
Feb
#
Jan
1
Feb
•
Utilities—
.100
prior lien
'6 7o prior lien—„—i_—J. _100
7 7« preferred class A—.——— -100
2
7%
Miller & Hart $1 prior preferred- —10
Common
stock
v t c—
•Sales
for Week
Shares
•
.
Standard
r
-
••
2
A Jan
3
1% Feb
%
Jan
3%
Feb
A
Feb
.
10
Jan
8%
Jan
700
1
Jan
23
24
300
22
Jan
24
Feb
36
36
10
36
Feb
37
Jan
37
38
33% Jan
38
0%
1%
.
!%
300
1%'
,
206
1%
*:
Jan
.
>
Feb
•<
4.
comrhon—— .10
Noblitt-Sparks Ind Inc capital— -5
1*0%
5%
31
27%
9%
Jan
11%
Jan
10%
210
5%
100
4%
Jan
50
26%
Jan
31
Jan
23%
Jan
27%
Feb
31
27%
250
5 Ve .Feb
'
4
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151-
157
627
OTHER STOCK EXCHANGES
Week's
Thursday
!;
!V-!!!
>
;
•
.!••
'
STOCKS—
.
'!;
Northern
Paper Mills
Airlines
Northwest
Northwest
North
Bancorp,
Prior
lien
Omnibus
Pcaoody
12
16%
12%
10%
12%
Jan
Co
xl8
common.——10
(The)
Coal
Jan
78
Feb
Par
of Prices
Low
;
9%
Cliffs
—————.L*!! —V!
City Ice & Fuel——
Cleveland
Cliffs
Corp
Iron
14%
15
14%
Jan
15
25%
23%
Jan
25%
Feb
Fostoria
Pressed
Peoples Gas Lt & Coke capital.
47Vo
48 34
46%
Jan
50
Jan
General
T
Perfect
25
25 V*
22
High
100
36
Feb
lOV'a
Jan
11%
65
66
680
5j
Jan
66
Feb
11%
1214
283
10'A
Jan
12%
Feb
11%
14
11%
Feb
14
Feb■
15%
42
35%
Jan
36%
Jan
91
Feb
25 Va
Range Since January 1
Low
9%
88
al2% a!3
prelerred—66
-5.
common—
Shares
High
88
.—
Jan
Sales
for Week
Range
.
Elec Manufacturing—9%
—:—;
—-—100
■!
Feb
2%
Jan
,
Preferred'
Jan
18
Feb
73
74
Apex
Feb
75
Jan
2%
2%
2%
■73 Va
preferred
IV*
Jan
Week's
Last
Feb
Exchange
compiled from official sales lists
Sale Price
STOCKS—
Feb
15V2
14%
18
5
B_—
common
12%
Jan
•
4%
;_100
Penn Electric Switch class A 10—10
6!
both inclusive,
•
.—.6
common.—:
12
Feb.
Thursday
Feb
56
preferred—
to
Jan
Jan
9
Corp
Pen
Parker
Jan
15%
*
common——
7'fr
0
Feb.
Jan
12
12
v
100
Util
10%
15%. 16%
12
common.!.
preferred——100
West
Jan
8%
10.,
*
common.—
Inc
Cleveland Stock
Range Since January 1
Low
High
High
10
10
20
Shares
of Prices
Low
Par
■
North American Car common.—,
Sales
for week
Range
Last
Sale Price
Puuioylvania
!
capital—
RR
50
Steel
R
&
0
4-.
—!
Co
Jan
25%
Feb
Goodrich
B_—.-A.™!
5%
'5-/a-
4%
Jan
5%
Feb
Goodyear Tire
(The) common.—.
Pressed Steei Car common—!
1%
lVt
%
Jan
1%
Jan
8%
Feb
Halle Bros preferred—,
Jan
79%
Feb
Jones
11 %
•;
/■—:
a
Jan
6%
:
.25
Circle
(The)
Poor St Co class
Co...
Potter Co
Quaker Oats Co
Prefer red
f
8%
-7%
70
79%
76
common,
Feb
150
Jan
Feb
147%
147% 147%
!Q—
40
Jan
(B
F)
*
—-
100
Laughlin
&
i:!——!..?■!: ■!!!V!
—
& Rubber
36
36
'
-
a25% a26%
71
a27% a27%
•
.
36
.
25
,
a20% a21%
.
120
.
87
•
'
36
37%
36
Packing common..—
Raytheon Mig Go common,
v
6 'it
preferred .!
—
2%
4%
3%
2
20
20%
Serrick Corp class B common——_1
South Bend Lathe Works capital
5
24
1%
2%
*
4%
Jan
Leland
beaia
HoeoucR
Spiegel,
Feb
National Refining
National Tile
Jan
4
Ohio Brass
Preferred:
14
64%
pt preferred 6 %
Feb
4 Va
Jan
Jan
24%
Feb
Jan
4 %
Feb
Standard
1 Va
Jan
2%
Stein
&
Oil
Co
of
Indiana
(A)
13
Jan
14%
Feb
Van
Jan
30
Feb
White
30
10%
10%
Jan
10%
feteritng Brewers Inc common—
Stewart Warner
Swift
&
Swift
Trane Co
79
65
1%
1%
532
.1
19%
19%
41
26
1%
•■!
5
•
11%
»
of Ohio
——25
—
•
1 Va
2
Jan
7
100
Jan
Feb
Works——
Iron
Tool
Jan
75
Jan
..
■
1%
—;: :
11%
85
26 V'4
753
23%
Jan
27
a38%
—
*
-
1—
_—__——
Motor
13'A
50
-
13%
Jan
14
9 %
Jan
614
514
Jan
614
Feb
al6% al7%
13%
Jan
13%
Jan
Jan
7%
Jan
49% Jan
51%
Feb
!-! 6%
0
-
—i
6
—
-
Bonds—
!!'L:L
9 %
Feb
15%
16 Va
750
14%
Jan
16 Va
Feb
24 Va-
25
1,500
22%
Jan
25
Feb
29%
30
400
2d
Jan
30%
Jan
<3%
44%
44%
Feb
Glidden Co
8%
8%
Feb
il
Industrial Rayon common-!.
common.
common
——
8%
! 686
9%
:■
/■'
common.
8 %'
.
5%s.
deb
W R I Co
Unlisted—
common!
common.
Electric
General
capital—!—.
< The)
-
'
13
Feb
9
60
2
Oil
_5
—5
common..
Tool
capital™
Cbrp
*
capital————15
International
Texas
Co
«,
25
Corp
Macruuc
atmuou-una
2
_1
Electric
Dorn
Vlchek
765
29%
—*
common—.^.
Reliance
28%
14%
v
26
capital-
Feb
26%
ft-
5%
Jan
12
Feb
-
'
Standard
73
73
4
50
12; ■/*!.■!
r!:
—
B——
Ricnman. Bros.
3
.
ft
605
5%
12
'/■--!!/■
_!_*
;•
__
!'-5%
!'■"
-'
.
Feb
4
23
59 Va
3%
2
':'!■.
TVa
___._20;
Jail
class
4%
64%
,
;:x
3%
common.....—.2
Dredging common—.
—1
21
24%
62%
capital—
Inc.,
Standard
:"v
CO
at
Jan
19
-!
_-->^-!--r!_'!--i-_"-'-^_.*
—
Sangamo Electric Co common.
——*
-
«
Electric
Feb
2%
Jan
:
& Sessions—!
Lamson
Rath
»
Interlake
10
a34% a34%
common™!!:
common—
Iron
!•:
.•
23
al7% al8%
,
165
a33% a38%
<•
common
uL.
•:
!
..
a7
;
;
.
50
a7%
:
■
■
....
6%
65
'
''
U
s
Gypsum
United
U
S
Air
1'!>
80%
81
627
79%
Jan
823a
Jan
N Y
NY
ntral
Central
61 Va
61%
60
59%
Jan
63%
Jan
Ohio
I
Oil
18%
20 Va
665
16%
Jan
20%
Feb
Republic Steel common--;
Steel common--;
50%
51%
736
47%
Jan
52
Jan
U
114% 115%
180
112%
Jan
115%
Co
Jan
3%
Jan
22%
Feb
Transp
capital.:
.5
preferred———100
Utah Radio Products
Walgreen
Co
—1
common
3
common—4————*
Wayne Pump Co capital—1—_
Western
3%
21%
1,400
2Q%
22%
19%
18 %
Jan
19V2
31
32%
2j-,b
Jail
327a
88Va
807/e
Jan
88%
1%
Feb
2
Co
Jr)
6%
5% Jan
6%
Zenith
Mach
Radio
6%
3JA Jan
4%
62%
63%
Jan
63 %
Corp
;
58 Va
—5
4%
•
Jan
6 %
5%
Jan
lu%
Jan
common—
Jan
25
Detroit Stock
Electric
24%
tGJenn' L)
Co
2074
1,200
27%
DETROIT
47%
390
45 V#
Jan
49 Va
Jan
58%
59%
285
56
Jan
60%
Jan
7%
7%
6%
Jan
7%
Feb
33%
34%
30%
._*
6%
7%
18%
19%
120
Telephone: Randolph 5530
Jan
46%
*
common—
Jan
Jan
34%
Feb
6
Jan
7%
Feb
18
Jan
19%
Feb
7%
6%
7'A
1,100
6%
Jan
7%
*
12%
12%
650
10 V2
Jan
12%
18%
17%
19
2,650
15%
Jan
19
31%
531
26%
Jan
31%
13'»
1,225
9%
Jan
13%
Feb
Feb.
12
both
.
Pullman
Inc
—•
capital
Pure Oil Co
(The) common.
—*
4';■//! vjv ;v--rV-;N,--////v.; AW
13%
Radio Corp of America common——.4
,;!;!!■•
7%
7.%
Feb
151«
15% ;'!
Republic Steel Corp common—
\
6%
157a
15%
Feb
7%
•!!v'-v'-.'!;._ !
..
Standard Brands commonj———•
48%
•
50
Feb
5%
Jan
Jaa
Feb
50
Feb
8%
7%
8%
5%
Jan
28%
29%
25%
Jan
30
Jan
15%
16%
12%
Jan
16%
Feb
8Va
XT. S. Rubber Co common——10
iYellow Truck & Coach class B!
4V8
46%
5%
5%
5%
,<
Standard Oil of New Jersey capital—25
Studebaker Corp common———!
—1
-
j
Last
Cincinnati Stock
Exchange
Week's
Thursday !
Last
'•i-
STOCKS
Sale Price
of Prices
Industries
23-%
23%
1%
1%
10-%
10%
13
Consolidated
Paper
Continental
Detroit
&
Detroit
8%
21 Va
21%
'-■
Churngold
7% '-!7%
High
8% Jan
5Va
Jan
20'A
Jan
5 /.
Jan
8
Jan
2
Jan
3%
Jan
v
21%
Cincinnati Gas & Electric pid——100
N O & T P——
1
—20.
89
C
~8%
Cincinnati Telephone
68 V!
50
Union
Stock
Feb
86
8%
8
Feb
60
Jan
70
-
Jan
•
Jan
-
6%
:
Jan
8-
Feb
10% Jan
/
9
;
,
9
29 V2
29%
29%
.
6%< Feb
Jan
Jan
!
Jan
9%
.'
10%
8%
9
5%
7%
8
8
lOVa-
Insulation ——„-4—L_—!— •
Investment
20
Gibson
Art
.
!
16%
20
%
%
%
,
—
---4—_™.——25
Jan
9%
Jan
10 V»
Jan
Jan
13
! 1,775
12%
5%
5%
l:it
250
3%
2,460
Stove
Preferred
Feb
4%
Jan
5%
1
Jan
2
Feb
3%
Jail
0 liiUi
2,715
19 Va
Brewing
Finance
12
3,649
1%
17%
Jan
Feb
19% Feb
1
2%
400
2
Jan
2JA
Jan
4%
4%
750
r%
Jen
4%
Feb
1
common
2%
*
common
Motor Truck common
1%
1%
200
1%
Jan
1%
Feb
3%
4 --I:
2.550
3%
Jan
4
Feb
8%
8%
8%
Feb
3
Feb
!'!
common™™.—...3
10
Ball & Bear common—.
common
'
200
7% Jan
2%
3
676
2
Jaa
2%
2%
2%
300
1%
Jan
2%
1 %
7,413
83c
Jan
1 Va
100
53c
Feb
53c
Feb
Jan
I6 V4
Jan
99c
1 %
53C
53c
1
Valley Brew
*
10
Hurd Lock & Mfg' common....;
Kingston Products common——
65c
1
53c
16
16%
325
6%
1,795
6%
6 %■
*
Hudson Motor Car, common—
5
3
1
common—,.™
Grand
64c
i
66C
3,100
14%
Jan
4%
Jan
51c
6%
Feb
Feb
Feb
Feb
66c
2%
common...
(S S)
common
LaSalle Wines
1% Jan
2%
2%
Feb
50c
50C
50c
Jan
51c
Jal
22
——....1
—10
-Lakey Foundry & Mach common
1
Drug
Kresge
22
19 Va
Jan
22
Feb
214 Jail
3%
2%
Jan
3Va
Feb
1
Jan
1%
Jan
13c
Jan
•
3
3
2Va
3%
1 Va
common..———2
Feb
Jan
•Masco Screw Products common™——1
McClanahan
Jan
24%
Kroger
26%
-26%
2%
.26
■:
Jan
I-1%
-
2%
i____2.50
common———1
"Michigan
Sugar
Mid-West
1%
_!
Jan
2%
Feb
1%
Jan
Feb
2%
Jan
Procter & Gamble common—
51%
54%
48%
Jan
54%
Jan
Randall class
20
20
17
Jan
20
Feb
33%
33%
30 Va
Jan
3%
3%
3
40%
38
Park
Motor Car
Chemical
Parke
Davis
common.—
Feb
21c
T%
:
5
1
•%
1,150
1%
Jan
lVa
1%
1,650
1V2
Feb
1%
■5
-
93c
1%
5
93c
2
.400
300
1,100
Jan
-
Feb
Jan
5%
Feb
Jan
4V2
fcAc
94c
Jan
2%
Jan
1% Jan
*
11 %
11%
11%
200
10 Va
Jan
12 Va
Jan
5
10
13%
13%
13%
175
11%
Jan
13%
Feb
6%
6%
6%
915
5%
Jan
6%
Feb
*
„„
3%
3%
3%
560
2''»
Jnn
3%
Feb
2%
^—*
—:
3,150
1%
:
common.—
28
28%
1%
Jan
2%
Feb
2V2
100
28%
480
28
Jan
29
Jan
200
76c
Jan
88c
Jan
Feb
!
%
27% Jan
21c
400
1%
common...-——50c
common——!
Murray Corp
16c
21c
930
Motor Wheel compion—
-
V
_
common—
Abrasive
Products
1%
■
1
Michigan Silica common—
;
1
Michigan Steel Tube common.!—2%
Jan
20
25
Feb
Oil
^Michigan Die Casting—
Pacxard
Magnavox
National Pumps '
1%
Jan
'
Found
Jan
3%
Detroit-Michigan
Feb
1%
18%
JNav
Feb
23 %
100
coiuiaou—10
Cievelanu
Feb
Jan
21
295
•
common.™...——.20
Edison
Motor
Formica
150
Feb
9
68%
6%
68%
Yards...
.10
Jati
84
-
'
5
'
Crosley Corporation—
Eagle-Picher
Early St Daniel—
90
81 Va
84
.8
Cincinnati Tobacco Ware————25
Cincinnati
90
A
84
Cincinnati Street—50
———
.2%
42%
:
7!
Jan
—*
common
Kinsel
Ball Crank———————5
Jan
4%
10
common
Hoover
Low
5%
....1
common...
Motors
Milner
Crowley,
General
Range Since January 1
5
common———*
Brewing common——
1
-Graham-Paige common ———!—1 r
^
Range Since January 1
1,760
7-
4%
Goebel
Shares
8%
...
American Laundry Mach
Cincinnati
.
400
6%
McLaren common—..
1
Burroughs Adding Machine ....——■?
Brlggs Manufactui-ing
-
High
of Prices
Brown,
•Gar Wood Industries
Sales !!
for Week
Range
!Low
Aluminum
official sales lists
Sales
"for Week
Shares
High
Frankenmuth
6 to Feb. 12 both Inclusive, compiled from official sales /lists
Range
Sale Price
Atlas Drop Forge^common..—..
^5
Baldwin Rubber common.—...1
Federal
Feb;
Week's,
Thursday
STOCKS—
Pictures
Exchange
inclusive, compiled from
Feb
12Ji
to
Feb
30%
6
Feb
common.——*
Detroit Stock
Feb.
Feb
12%
6
Corp.—,.—
York Central RR capital
Paramount
Associate
Chicago Stock Exchange.
Feb
7%
—*
Co..
Nash-Kelvinatbr
New
1,570
26'%
—
Interl&ke Iron Corp common—Martin
New York Curb
Exchange
Feb
—3
common—
Curtiss-Wright
-
7.%
7%
Copper Mining——.,
—50
Topeka ds Santa Fe com—100
Bethlehem Steel Corp
General
118
Ford Building
& St Sah com—*
Anaconda
Atchison
270
.
Members
York Stock Exchange
Stocks-
American Radiator
15Va
51%
WATLING, LERCHEN & CO.
Feb
1%
'
Unlisted
15'A
'
Feb
1%
capital
a
50%
.!
—
New
Yates-Amer
12%
Feb
4 %
capital...
*
/
*
Steel—
Jan
6
;
common—.
Wriglcy
/•-.A!!
Feb
Williams Oil-O-Matic common.!
Wisconsin Bankshares .common.
Woodali Industries
a
_>.■•!
it
Feo
88%
Westinghouse Elec & Mfg common.—50
S
common
common™™™....
common-—•—.
Feb
19%
_1
Union Tei common™——™__lu(j
(Wra
125
Feb
capital—
common.™—.—i—
cumulative
12%
al4Va al3%
Jan
2
Carbon
Lines
Steel
RR
"
common———20
Union Carbide &
15
,'■%:■
%
Feb
■
Preferred
U
U
10
'
A-.-—
S
Playing Card
S
Printing
—10
!——*
—
Preferred
.50
1
-vv-T
40 %
•
••.-!•;
1
•
-
Prudential
v
Feb
Reo
3%
Feb
Rickel
Jan
40%
Feb
Paper common.._!—*
Scotten-Dillon common
—10
Motors
River
12
12%
2%
common
Tube class B
12
Feb
Timken-Detroit
Axle
Jan
12%
Feb
Tlvoli
common.
Jan
2%
Feb
Udylite-common
Jan
47%
Feb
United Shirt
4%
Jan
Columbia
General
Standard
Timken
For
Ga^
_*
—
Motors
-
10
—
Brand*
•
Roller Bearing—__L.
footnotes
see
page
—
632.
*
245
46%-47%
5%
43 Va
5Vb
43%
-
-567
:--
.45
41%
Jan
2
v
-
.
.
..
—
.5% Feb
43%
Feb
U
Brewing
—•
...
1
—.——1
1 Va
—
Dist common...————
Radiator common.—
Universal Cooler class B___—
S
.1
*
.
Jan
5%
Feb
lVa
Jan
1%
Feb
5%
2%
107
350
4,200
2%
2*A
2%2
1%
28%
600
200
255
lVa
2%
700
200
37A
__
"
City Ice & Fuel
5%
-1,500
2'A
1%
^..10
common
•
200
1%
3V4
1%
1%
100
225
12V8
14
common—__—l
44%
1,355
•.
2%
2%
5%
5ya
„
-2
...
Raisin
10%, Jan
44
2%
1
common
(H W)
85C
5V2
•1%
common.——.1
10%
161
11%
12%
—25
85c
common.——1
Investment
33%
Standard
Rolling Mill——
Prod
Mtl
Jan
UnlistedAmerican
Peninsular
Pfeiffer Brewing common.—
'
1%
28J/2
1*%
9lc
14
9lc
100
^ ^an
2% Jan
2 ^ Feb
2
10
t
Jan
^1-4 Jan
28
a
<
Feb
_l.a Jan
28
a
Jan
L',*
!/•
2
14
^elJ
3
Jan
1.+ Jan
68c Jan
2^4 Feb
.3
4
Feu
J'8 ™
99c
reo
Monday, February 15, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
628
OTHER STOCK EXCHANGES
Week's
Last
Los
6
Feb.
.
12 both inclusive,
Feb.
to
Thursday
Last
Sale Price
STOCKS—
1.80
1.90
37/8
4
400
{J
U
%
2
__
1.55
1.55
Jan
^
Feb
Pictures Inc
1.60 Jan
Feb
4
Bolsa
87%c87%c
—1
Chica Oil common
*
0
Inc
Byron Jackson Company
9
75c
100
a29
29%
51%
5114
366
a9
9
90
4
4
625
4
Jan
9% Feb
Jan
v.,90c
7% Jan
641
al7
9%
17
70
16% Jan
25%
25%
30
24% Jan
29
t<b
25
19
6
inclusive,
both
12
Feb.
to
-a;,
compiled
Packing
Corp
common
Aircraft
a25%
100
Central Investment Corp
Cessna
*
...
Consolidated Steel
Preferred
7Va
8Va
8%
77a
220
1.632
1,020
-i-
_—*
-----•
Corp
8'A
8
8%
8%
7%
1
Company
Consolidated Oil Corp...
19%
21%
940
Douglas Aircraft Co
—-—i*
.
General
Motors
Corp
Corp
common
Goodyear Tire & Rubber Co
a597/a
a7%
17% Jan
25
!
1
STOCKS—
Sale Price
.
47%
a27%
—'•
8
7Va Jan
6% Jan
197/a
Motor
22%
(EG)
Mfg
Budd
Wheel
Lane-Wells
Co
Aircraft
Mfg
Nordon
8%
10c
>
Corp
—
1'
1
Co
Ltd
Corporation
39c
x
Curtis
Prior
10,690
641
4,550
1,000
1.15
6c
97%c Jan
5c
Jan
Pacific Clay
—.—1
Products
Pacific
&
Gas
0
6%
common
preferred
Lighting Corp
36c
4%
200
305
General
26%
390
23Va
com
Oil
38%
common
common
Feb
Feb
337a
Jan
37
477a
398
44
Jan
477a
Feb
4%
Jan
5%
Jan
3%
5%
3%
1,613
54
3%
Jan
3%
Jan
37/a
25
4%
25%
1,574
3%
Jan
4%
Jan
23%
157% 157%
5
115% 115%
15%s 16
15%/ ?15%
4%V; 4%
35c
35c
300
3%
3%
3%
400
3%
Jan
Oil
Union
Corp
Solar Aircraft Company
__
a36%
36%
20
2%
10
177
345
Jan
Sontag Drug Stores
preferred B
5% % preferred C
So Calif Gas Co 6%
pfd class A
Southern
Pacific
Standard
Oil
of
California
Transamerica
&
Oil
Union
Vultee
California
of
Aircraft
613
365
12
Jan
Jan
28% Feb
33
Jan
22%
30%
29%
33%
21 %
30
1,534
Mining
Jan
750
16
Jan
17%
32%
680
28%
Jan
32%
2%
30
lva
Jan
2*/4
;.V-7:
7
16%
6%
2,527
16
18
16
Jan
Feb
17%
17%
17%
2,850
15%
10%
810
8%
a7%
7%
7%
75
3%
3%
3%
200
16%
Jan
1
7
Jan
10
7%
Jan
__e'
Mining Co
50
Bethlehem
Caterpillar
t c—13
—
&
Elec
12%
14V4
—
2%
2%
Corp
__
11
Commonwealth Edison common——25
Commonwealth
Consolidated
Southern
&
Corp
Aircraft
.
...
.
Jan
16
10
14%
Jan
16%
Feb
Jan
Feb
2%
Jan
4%
Feb
48%
Jan
53%
Jan
%
390
%
Feb
%
Feb
1%
180
i is
Jan
1%
Jan
404
%
Jan
7a
230
17%
Jan
21%
Jan
6.715
5%
Jan
6%
Feb
Jan
106%
Feb
103
129
Feb
Feb
Jan
Range
common
Columbia Gas & Electric
Electric
.'
i,- ' ;;
Products
Mountain
6
Jan
7% Feb
50
10
Jan
107/a Feb
2%
2%
3,262
15%
210
2
15
Jan
Jan
10
276
8'4 Jan
100
2% Jan
9'4
10
Brewing
Federal
1
—
6%
10
*
—
•
1%
6%
35c
1%
1%
90%
4%
25c
1%
6%
35c
1%
1%
90%
5%
25c
2%
2%
2%
•
187a
187/a
19%
97
•
Company
1%
5%
Shamrock Oil & Gas common
Feb
Westlnghouse
-
1
—...
Jan
Air Brake
1%
5%
25c
1%
1%'
84%
4%
25c
2%
100
840
1,100
v
1
—
—..5
2b
Pittsburgh Oil & Gas
2% Feb
15% Feb
Feb
10
2% Feb
/'r,;.'-v'-'V-;1
25
212
85
1,240
100
800
common——*
Corp
2%
2%
5
Fuel Supply
Fireproofing Corp
Renner
260
\
Pitt
Fort
25
7%
107/a
*
——
8% Feb
8% Feb
878
6%
2%
—5
—
22% Feb
18% Jan
107/a
'
—
—10
—
30
22%
8%
High
Low
High
22%
...
_•
Dusquesne Brewing
'—v.
Range Since January I
Shares
15%
,
*
...
Devonian Oil
'•
for Week
of Prices
Low
22%
*
(AM)
Byers
Sales
Last
Sale Price
sales lists
official
Week's
1%
6%
45c
1%
1%
90%
5%
25c
2%
19%
Jan
Jan
Jan
Feb
Feb
Jan
Jan
Jan
Jan
15% Jan
Jan
Jan
Jan
Feb
Jan
Feb
Feb
Jan
Jan
Feb
Feb
48
Jan
21% Feb
4
Feb
4%
Feb
Jan
12%
Feb
14
11 :
;
,
6
24%
'..V
22%
110
Jan
Jan
Jan
700
Jan
>
St. Louis Listed and Unlisted Securities
42% Jan
5% Jan
Edward D. Jones
2% Feb
11
Feb
22%
% Jan
Established
Jan
5
5%
400
7%
7%
7%
300
J—
a23%
23%
20
'
;
4%
•', 7
__
5%
•7%
Jan
Jan
—
Members
Phone
New York Stock Exchange
Feb
St. Louis Stock Exchange
CEntral 7600
Chicago Board of Trade
Associate Member Chicago Mercantile Exchange
Feb
Postal l*ong Distance
Chicago Stock Exch.
—
—
Co.
&
1932
Olive St., ST. LOUIS
705
Jan
.
3
1
—
2
9%
100
n
^
17%
al7%
;
42% Jan
5% Jan
900
———1
A___
1214
50
%
&
__
—__1
—
27
Jan
13
90
,
a24%
0
_*
Continental Motors Corp
Curtis-Wright Corp
13%
10
2%
•
—*
134'%
48
Jan
21% Feb
3% Jan
;:/,25
59%
43%
6%
10
—
3%
.
560
a59%
a43%
a6%
„
*
—
Corp.—
Solvents
115%
75
inclusive, compiled from
both
13
Feb.
to
Biaw-Knox Co
Feb
614 Jan
Feb
24% Jan
150
5
al2%
—
*
Co___
46%
21%
4
al414
——5
Company.
Gas
Commercial
v
Corp
Tractor
Service
Columbia
4
300
131%
410
3%
a46
a21%
3%
__
26%
3%
a46%
——3
(Del)
Co
Steel
26%
—
—
(The)————25
(The)
Baldwin Locomotive Works
Class
4%
Jan
614 Jan
85
692
a7%
__
—5
7%
131% 131%
__
100
(111)——.
Barnsdall Oil
Cities
3%
50
4
—
Par
Feb
Stocks—
Corp
Jan
185
1
6%
Allegheny Ludium Steel
*
Arkansas Nat Gas Co preferred——100
Feb
8
Jan
3% Feb
Jan
3
17%
10%
6
Pittsburgh Plate Glass
Pitts Screw & Bolt Corp
Refining Co
Aviation
114%
%
7/a
19% 20%
57a , 6%
106 1' 106%
■
7/a
20%
STOCKS—
Penn
a4
...
Atchison, Topeka & Santa Fe Rv—100
Atlantic
Feb
25
318
%
__
■
.
Jan
—
& Std Sani Corp
Co
Jan
157 3/4
51 %
507/a
Thursday
Feb
10
American Tel & Tel Co
Armour &
257a
Jan
Pittsburgh Slock Exchange
Jan
Feb
6%
7
Alaska Juneau Gold Mining Co—10
Anaconda Copper
—
common
Feb.
Nat
Unlisted
25
....—25
...
Corp
.
4%
50%
—
Feb
Feb
Stocks—
Amer Rad
...
*
Jan
149
1,820
Feb
17%
Cement pfd——10
Portland
16
———*
$3 preferred —
*
United Gas Improvement common.—•
$5 preferred
*
United
Feb
2% Feb
4% Feb
Jan
25
Oil
Inc.
Yosemite
35c
a2%
5
Air———
Jan
17
„
2
Western
25c
31%
——1
Corp
Consolidated
Universal
__
„
17 %
•
Sunray Oil Corporation——
1,600
300
22% 22%
30% 30"%
28% 28%
a32% 32%
22%
30%
*
Co
Co
__
25
25
25
6%
2.50
8%
20
2%
4%
—
2%
Edison Co Ltd__25
Southern California
—
—
20
300
__
35% Jan
Jan
Jan
4%
35%
17%
2%
4
25%
50
Corp common.—
Preferred
4
Feb
3% Jan
2.35
8%
__
—_*
——15
1
...—•
Safeway Stores, Inc
1
50
—■
5
__
pfd—.100
3
50
—.—.—1
Corporation
Reading RR common..
Dome Oil Corp
2.65 Feb
8% Feb
2.50
———50
voting trust ctfs
Transit Invest
5%
•
Navigation
Salt
33
2.10 Jan
7% Jan
Feb
476
Coal &
Phiico
Jan
38% Feb
30% Jan
34% Jan
35
195
727a
<
3%
Philadelphia Elec Co 4.4%
Feb
1
——#
Warrants
Transcon
31%
38%
Jan
23%
Pennsylvania RR—
Salt Manufacturing—.....
Jan
Feb
I
Co
Corp
Ryan Aeronautical Co
Shell
31%
38%
a31%
26%
Jan
Feb
67%
Jan
Pennroad Corp
36c
Feb
4% Feb
35c
Jan
4% Jan
26%
Feb
Jan
3%
71
preferred
Electric
Feb
Feb
Feb
35c
Republic Petroleum
Richfield
35c
4%
26%
——.-25
*
1st
Pacific
4%
25
—
Electric
%
8%
1%
...
72%
*
Penna
19
4
Jan
167/a
8%
40c
19%
1.15
Cc
67/a Jan
27c
Jan
17% Jan
Jan
6%
.
210
Lehigh Valley RR
1,205
3
50
325
655
65c Jan
6% Feb
20c
Feb
8%
Jan
3 '4
267/a Jan
57%c Jan
4% Jan
14c
Jan
134 3/4
23%
36%
common
170
200
225
1,000
Feb
Jan
274
Co
27%
65c
6%
20c
12%
127%
——.—23
Storage Battery
*
36%
35%
Motors
10
' 47%
46%
Pub
8% Feb
47% Feb
267/8 Jan
—
,
Jan
535
4%
8%
4%
8%
4%
8%
High
11%
152
7% Jan
44% Jan
—
Low
41
12%
727a
Sun Oil
Oceanic Oil Company—
*
common
5
10
879
1.10
6c
1.15
6c
Co
—
65
40c
Feb
Range Since January 1
Jan
7%
47%
8%
31c
19
—
1
Co
Petroleum
Lockheed
Menasco
Corp...
—
Feb
4
High
130% 134
134
Company
60%
65c
6%
20c
...
*
10c
Company
Petroleum
Intercoast
Lincoln
Car
834
Jan
official sales lists
from
of Prices
12 '4
12%
100
Tel
&
Budd
8% Feb
77/s Feb
Feb
Tel
American
Lehigh
1
Development Company
Holly
Hudson
Jan
Sales
Low
•
American Stores
29 % Feb
9
Jan
Jan
Jan
27%
—
Feb
7%
for Week
Shares
Feb
46%
a60%
4
10
51%
2%
Range
Last
Chrysler Corp
Electrical Products
Jan
48
Week's
:Thursday
y
Par
California
Feb
1
35
50%
High
Jan
Philadelphia Stock Exchange
Feb.
Broadway Department Store
1
1
Willys-Overland Motors Inc
% Feb
1.35 Jan
200
%
*
5
Corp
13/32
200
1
1.95 Jan
3%
700
"
Steel
Low
High
10
Company
Rubber
Range Since January 1
Shares
High
1.85 Jan
1,395
37/a
S.
Warner Bros
Low
1.85
States
U.
Range Since January 1
High
—1
Berkey & Gay Furn Co_.
Blue Diamond Corp
United
Shares
1
Company
Petroleum
Bandini
of Prices
Corp
Low
*
(Del)—
(The)
United
Sales
for Week
50c
Inc
Accessories
Aircraft
Week's
Range
Low
Par
Par
compiled from official sales lists
for Week
of Prices
Sale Price
Angeles Stock Exchange
Sales
Range
Thursday
STOCKS—
Bell Teletype SL
593
New York Curb Exchange Associate
General
Electric
General
Foods
Goodrich
(B
Corp.
F>
Graham-Paige
Nickel
int'l
Kennecott
Libby
—
Company-—
of
Tel
Tel
&
Inc
Jan
20
35%
Jan
1
Feb
Feb
34
450
7%
......
510
65
6
V 200
a46%
__
7%
31%
6
__
3414
Feb
35%
Jan
12
100
a31
__
7
37
26
33%
...
——*
31%
11
•
.
372
a26
__
•
..
Corp
Copper
3414
a37
__
V
Canada——Li—.'
McNeil & Libby common..
Loew's
♦
0
34%
__
Motors Corp——1
Co
International
—_•
Co
47%
85
—
33%
6%
30
5%
:-./-.^l
34%
Feb
St. Louis Stock
Feb
Jan
7%
Feb
Jan
30%
Jan
Jan
6
Jan
—
...
—
Feb.
6
to
Feb.
13
both
Thursday
Last
McKesson
&
Robbins
Inc
Mountain
al6!4
16'4
55
37%
37%
300
37
Feb
37%
2
2
2
100
2
Feb
2
Feb
York
New
North
Centra*
American
* :
12%
12V4
12%'
400
10%
Jan
12%
Feb
1
11%
11%'
11%
215
10%
Jan
11%
all%.
12
165
10%
Jan
12
Feb
Feb
North
5c
RR
Aviation
American
Inc.—
Company
—•
♦
Oil
Pure
Co
—...50
•
———
Radio Corporation of America..
Republic
Steel
_•
&
Southern
(New Jersey)..
capital..
25
25
(Del)
__
„.
Corp'(The):
25
Oil
Co
Union Carbide & Carbon
Corp
Corp
United Air Lines Transport
footnotes_ see page 632.
g
1
25
For
11%
a5%
1
Company
Aircraft
7%
....__
•
Co
United
12%
531
12% Jan
12%.
55
Corp
Assoc
24
65
Oil
Water
15%
226
a63%
15
Standard
Tide
300
Co.—.—*
Ind
Texas
19
25 %
523
Inc
Corp
19
15^
of
&
li60o
15%
Oil
Superior Oil
3i/2
•
Standard
Swift
33/3
3,344
Railway Company
Studebaker
_
150
7%
Socony-Vacuum Oil Co
Standard Brands
19
.
14%
6%
Corp..—
Roebuck
Sears,
3%
1
Co..
10
•
11%
_
__
Feb
Feb
Jan
19
Feb
Jan
25%
Feb
,
12% Feb
14%
Jan
Jan
7% Feb
15% Feb
59%
Jan
60%
5
Jan
220
10% Jan
11%
al7%
17%
50
16% Jan
17% Jan
5%
5%
70
4%
Jan
5%
Feb
a29%
29%
74
28%
Feb
28%
Feb
a49%
50
163
47%
Jan
47% Jan
7%
8
1,025
5%
Jan
Feb
11%'
11%
2
100
2
a24%
24%
20
—
a43%
44
75
42%
11%
11 %
2,319
9%
a80%
81%
Par
American
Inv
29%
50
al8!4
20
190
sales lists
Sales
for Week
Range
Range Since January
Shares
of Prices
Low
Feb
8
2
Jan
Jan
1
20
20
Ely & Walker Dry Goods 2nd pfd—100
Falstaff Brew common
,.i
106
106
8
Preferred
.100
—
Shoe
International
common.—
_•
Laclede-Christy Clay Prod common...5
Laclede Steel common.—...
20
Midwest Piping & Sply common—
Mo
Portland
National
6
31
6
*
Metafs
pfd._
National Candy common—
100
—»
Dry Goods common
*
St Louis Pub Serv class A common—_1
__
17%
1st
Alum
common
1
,.10
15
8
Feb
Jan
40c
Feb
100
7%
20c
342
3%
Jan
6
Feb
28%
Jan
31
Feb
280
6%
17
14
100
100
17%
17%
--
127
Jan
6%
15%
Jan
16%
Feb
14 %
Jan
17
Feb
5
Feb
•
/
50
/'
,
12%
Jan
14
Feb
99
Jan
100
Feb
491
14%
Jan
18%
Feb
145
67a
Jan
8%
8%
Jan
10
Jan
Feb
Feb
150
5
8
9%
9%
16
9
26
8%
Jan
9
17
97%
Feb
98
Jan
Feb
43%
Feb
9
43%
Electric common.
Feb
Jan
5
16%
100
......
Stix, Baer & Fuller common..
Wagner
•
97%
1
Feb
106
270
16%
.^——100
Preferred
Sterling
9%
Inc common..,—....—5
preferred
Feb
20
Jan
8
Rice-Stix
Scruggs-V-B
36
Jan
105
6
14
Cement common..—25
Bearing
30
6
Jan
15%
31
5%
17
16%
J 'an
31
50
40c
40C
Hydraulic Pressed Brick common_._100
■
8
.
5%
Jan
75
106
_*
common
High
7%
25
36
20
Feb
43% Feb
11 % Feb
50
6%
36
.1
Feb
—
Low
High
6% '
1
common
Shoe
Brown
Burkart Manufacturing common
120
a29%
__
14%
3%
2% Jan
2
._
5
5
Jan
14%
12
from official
Week's
...
a25%
—_
Paramount Pictures Inc
RR
__
—
—
Ohio Oil Company.—
Packard Motor Car Co
Pennsylvania
Sale Price
Feb
.
City Copper Co
STOCKS—
•
—18
Montgomery Ward & Co
Exchange
inclusive, compiled
97%
43%
25
43%
7% Jan
6%
Jan
7%
100
6%
Jan
7%
Feb
26
26%
405
24%
Jan
26%
Feb
92
92
$4,000
90%
Jan
92
Feb
85
86
3,000
85
Feb
88
Jan
7
7%
26%
7%
7
25
Bonds—
27%
Jan
1814 Jan
27% Jan
' 18V* Jan
St
L
Pub Serv 1st mtge
Scullin
Steel
3s
5s._.L
1959
1941
86
Volume 157
THE COMMERCIAL' & FINANCIAL CHRONICLE
Number 4151
OTHER STOCK EXCHANGES
Week's
Thursday
Last
STOCKS-
San Francisco Stock Exchange
to Feb.
6
Feb.
Par
12 both inclusive, compiled from official sales lists
Week's
Range
Thursday
Last
of Frices
Sale Price
STOCKS-
for Week
Par
Low
i'Ci.wCiti:
Low
_5 b"
1A0
1.90
1.95
800
1.85
Jan
2.00
3%
4%
300
3%
Jan
4%
Feb
11%
lV/a
11%
8>/a
800
9%
Jan
11%
Feb
1,000
6%
Jan
8%
Feb
—
.
8
..
7>/2
Co
Valley
80
108%
20
A——
California N
of
4%
Sugar common—
1.75
.
—
;
California
*
Co capital—
Preferred
w
■.
1.75
4%
Feb
3%
Jan
4%
Feb
27 y2
Jan
31
Feb
612
23
Jan
25 %
Jan
31
53
4% W-:- 250
—
;
.
44
Feb
Jan
1.60
Feb
100
17%
Feb
17%
Feb
170
17%
Feb
17%
21%
Jan
25
Feb
3,145
11 "/a
Jan
13%
Feb
285
81%
Jan
92
Feb
17%
12%
■:
17%
25
13 y2
91
13%
*
92
D1 Giorgio Fruit Corp common—
"Preferred
——-———
35
■
•
'
■
El Dorado Oil Works—
Preferred
(WW)
———
Motors
Corp
—
10
common__L■■■■:
Co
•.
~
*
•
Ltd—-.--——.——*
">
300
9%
Feb
10%
47%
918
44%
Jan
1,305
4%
Jan
5%
Feb
165
32%
Feb
-
5%
10% ;;:
13
,
32%
2,222
17%
11%
11%
55%
51
18%
397
16% Jan
6
6%
6%
•
Class B
Salt
Y
Lockheed Aircraft Corp_
—-
..
1
Jan
Jan
17%
19%
170
18%
Feb
19%
Feb
11
1,905
8%
Jan
11
Feb
819
3%
Jan
4%
:
13
—■
■
l'
v
-L
—■
23%
;
45
Corp
34%
26%
26%
a2.60
Cities
Service
Co
3
Coi__;————
Occidental
Petroleum
Moffat
O'Connor
Oliver
10
Bond
3
3%
Class
AA_———
•
Idaho
Feb
United Filters "B"——_——
Paauhau
6%
Plant—
Sugar
2.65
Pacific Coast Aggregates-——
dividend
$5
Jan
11%
Feb
5%, Jan
6%
Jan
.17%
Feb
Feb
10%
150
6%
103
17%
640
151/2
Jan
6%
-
17%
9%
,
Feb
8%
8%
175
7%
Jan
8%
1
7%
7%
110
7%
Jan
7%
•Jan
5
3%
3%
150
2y8
Jan
3%
Feb
—*
33%
325
31%
Jan
33%
Jan
!
&
Co...!
Share
Co——,
.
33%
-
!
X4
4
440
2.85
Jan
4%
Jan
33%
33%
225
29%
Jan
34%
Jan
International Tel & Tel common—*
a7%
7%
60
6%
Jan
7%
Jan
Feb
Nickel
of
5
Feb
5
Feb
MJ&M&M Cons-
13c
lie
Jan
15c
Jan
18%
Jan
18
Feb
5
1
—.
5
—
Feb
Montgomery Ward & Co
46 %
Feb
Mountain
31%
Jan
Nash-Kelvinator
Corp
Jan
N
R
20%
Feb
North
American
Aviation————___l
2.55
Feb
North
American Co common——10
12%
6%
Feb
4,200
4
Jan
6
•
1.60
5%
100
14
Jan
Jan
Jan
>
1.10
>
Y
R
——5c
_*
cap—
|
Sugar Co.i-———
Packard
Motor Co
common
Pennsylvania RR
■s:
Jan
37%
Feb
1.60
Jan
2.00
Feb
6%
Feb
7.
295
10%
Jan
12%
Feb
12 .:;X
165
9%
Jan
10%
Jan
12%
4
4
33%
100
10%
Jan
11%
Feb
7
12%
:
45
100
2.00
"X 7
•
800
38
1.90
5
■
4
'
a3%
■;/*■■
3% //
9 V*
525
9%
Feb
33%
98
14
2%
Jan
3%
Jan
24%
Jan
Feb
10
8%
Jan
25%
10%
525
27%
Jan
31 *A
Feb
.1,725
5%
Jan
7%
Feb
150
14%
Jan
15%
Feb
160
5%
Feb
23%
200
19 y8
Jan
23%
Feb
5y2
30
5V2; Jan
5%
Jan
11V4
11%
1,145
107/8
Jan
11%
Feb
22%
63
21 y2
Jan
22%
Feb
140
30y8
Jan
31
Feb
25
28%
Jan
29%
Jan
110
AVa
Jan
5%
48 y4
Jan
49%
Feb
5%
Jan
7%
Feb
25%
10%
31 y4
•
31 »/4
6%
7%
15%
*
'•
15%
''X-:' ■■>/-'■
X
33%
Feb
Jan
15C
Jari
Riverside Cement Co class A
*
Jan
15%
Feb
Schumach Wall Bd preferred—^.—
Shasta Water Co common..
<*
23%
*
5%
Jan
7%
500
6%
Feb
6 ya
Feb
102
2.40
Jan
2.70
Republic
Feb
Feb
2.65
'*■•'_
—
Feb
4%
&%
♦
Radio Corp of America^
>
12%
1,425
614
31%
10c
12
7%
20
29
1,000
.
v
v
Steel
Corp
common
•
6
5%
.
Socony-Vacuum Oil capital—
:
Feb
50
25 'A
10%
capital
Inc
4
160
a
Co——-—.
Pullman
Jan
5%
;
Pioneer Mill
.
3
85
Feb
a22%
——
.
"I,-;-".
Feb
11c
Feb
12%
a37%
—
City Copper;
Central
Olaa
?
-
1.20 Feb
Jan
2.50
>
Feb
Jan
16%
15c
all%
2%
86
25%
31%
23
:
11 */4
So Calif Edison Ltd common..
26%
Feb
30%
Jan
33
Jan
X
'
5VaVo
Standard Brands
Standard
Oil
104%
29 %
211
28%
Jan
29V2
Jan
27
:
833
26%
Jan
27%
Jan
Studebaker
36%
38
38
1,317
33%
Jan
38
Feb
Sun
105%
102 %; Jan
77
104% 105%
i;
.
;
■■■-':
15%
15%
240
14 J4
16%
Feb
Pac
91%
93%
311
90
93%
Feb
9!14
9'4
100
7
9%
Title
:
United
Feb
preferred—*
Tel & Tel common.————100
P & T common-—--*
R E & R Co Ltd preferred
——100
Rayonier Incorp common
—1
Preferred
.25
Puget Sound
Vs
Jan
223
12%
450
liy4
Jan
29
120
29
Feb
68
12% Feb
B
Feb
29
of
N
Westates
•'
49%
25
—_
7%
A
__4
20
Petroleum
.,
403
7%'
235
20
20
preferred
6
Feb
Feb
25
20
100
16%
16%
>
15%
Feb
20
Feb
Feb
'•-.'J
.t». 4»'. •-
Jan
16%
a29%
common
30 Ve
206
28
Jan
30%
Feb
51 '/a
51%
466
48%
Jan
Feb
9%
270
7%
Jan
51%
9%
Feb
15c
Jan
1.60
Feb
,
•
.
:
1
common.
Preferred —l.
Western Union
5 %
.
Aircraft Corp common
Warner Bros Pictures
■
5%
5%
common
class
Co
28%
49%
it
...
J.:
Co
Guaranty
31
31
_
Inc
United States Steel
>
Feb
71
64
71
12 %
29
______
.
_
a28%
Corporation
McKee Slbk
?
Feb
Pacific Public Service 1st
__
preferred
29%
..."
—————
Jan
preferred
26%
a;
.
23%
1,924
32
.
Corp common————
2,011
26%
32
2ft
1st preferred——i—
Feb
90c
Canada—*
Jan
26%
6 % 1st preierred—^———s— .25
25
$xfcVn 1st preferred
5%
Feb
36%
Jan
'
Paciflo Gas & Electric Co common. >25
Pacific Light
4%
Feb
55c
10%
Mary Mines -Corp.—l
6%
>
Jan
36 y4
5,498
200
2.60
>
3%
115
90c
Feb
Jan
49
23 «/4
7%
.'.v'''.
■
Jan
2.70
International
7%
14
v
45%
>.
80c
—10
Feb
Jan
36%
Corporation
Feb
1.80
5,730
4%
a36%
——_
common—
Electric
General
»4 Feb
915
lie
-
Feb
3
'
Elec
2.50
29
26%
155
——5.
11
7%
1:'HA 'rr
Jan
Jan
3
8
'
Insurance
33~%
26%
46%
.
•V
Occidental
33%
1,015
31%
1,300
9%
Feb
Jan
2.60
100
Del—
of
a34%
Feb
1.20
Cons————- _10
Feb
7%
Jan
1.10
American Oil
23%
Jan
549
.
22
1.10
North
Feb
6y4
400
7%
al31% 135
110
6%.
2.50
23%
153
23%
7%
.
30%
3,491
•
Jan
100
Mcnasco Manufacturing Uo common -1
■'
30
410
261
—,
Jan
23 y4
16%
Company
30
31%
16%
North American Invest common—X 100
10
:•
23%
2.55
& 7%
Jan
31%
2.25
7%
265
Jan
Copper Corp common——*
Bancorporation ————»
McBryde Sugar Co——
5
16%
*
Jan
Jan
11%
23%
Kennecott
5
Natomas
Feb
29
255
100
30
/
13
Jan
25
40
265
30
Jan
18 >4
395
6Vfl
141
,
27%
260
4%
Marine
19%
■
13
27%
260
Feb
55% Feb
Feb
1,150
*
Magnin & Co I common—
March Calculating. Machine——-
4%
Feb
7
Jan
5%
2.45
Magnavox Co Ltd..—
Feb
Jan
6%
15%
Jan
57/s
■
11%
10%
6%
400
31
5%
894
6
19%
Libby McNeill & Libby—— —7
Jan
10%
1
Bunker Hill & Sullivan————-2%>;
.
75e
207
46%
31
'V:
Co—
17'%
100
4
3%
———:—••
46 y2
Leslie
Jan
200
:
18%
18V*
Feb
17%
840
——
Langendorf United Bakeries class A.i*
32%
Feb
18
103
Feb
Jan
11,565
5
13
100
4%
28%
320
7
3
Cur tiss-Wright
350
•
Jan
17%
*
Jan
66c
4
19%
—100
Feb
i8 %
6
& Tel
10%
66C
15% Jan
16%
■
32 %
18
—___.—.lO
Preferred
■
Feb
40
Consolidated Edison Co of NY.———*;
Consolidated Oil Corp
*
'V
v
17%
1,040
4%
27%
-
—100
260
32'/8
18
33%
17%
17%
4%.
300
5V8
Hunt Brothers common———10
-
Oil
1
——
47%: Feb
51
Honolulu
31%
Feb
10%
American Factors Ltd capital—.. —20
American Radiator & Stand Sanit—••_*
Jan
1
Ins Co capital——>>10
Corp capital—-——*
Home F & M
Feb
'■
10
Agricultural Co
Bank & U T—
Aviation
9%
13
.
19
Jan
Unlisted--'
Jan
'
r:
Jan
6%
.
Bendix Aviation Corp—.
Blair & Co Inc capital—
75%
....
32 y8
-SY&i.
15%
40
7
Yellow Checker Cab Co series 2— —50
Feb
65
10 y2
*
435
31%
Preferred
Jan
Jan
Development
Holly
38
64
-
Feb
19
33
17%
Atchison Top & Santa Fe
74
-■■
25
11%
...
Wells Fargo
Jan
3%
Jan
;v
———
California
Feb
41c
Jan
24
17
32%
..10
_
Feb
3%
100
18%
-
_..10
common—
20c
4io
Jan
Feb
Feb
9
25
4%
Feb
47'/a
5%
200
3%
7% Jan
'
14%
,
9%
47%
41c
3%
17
•
Jan
8
Jan
121
•
730
33
Anglo National Corp common A—
Argonaut Mining Co.—
202
*
Gladding McBean & CO
Golden State Co, Ltd—
Pine
A
10%
m-4
Feb
35
Jan
13
20
41
.
Jan
American Viscose Corp.————,— .14
Anaconda Copper Mining50
75 y2
65
10%
9
25
5
Equipment Co common^..
Waialua
Feb
74%
65
_2y2
Genl Paint Corp common-—.;——
Preferred
i
Hawaiian
41
,
'
10
General Metals Corp capital
■
•
.
10
Indemnity
Fireman's Fund
General
50
—
Co—
Ins Co—-^4—--
Fund
7%
200
14%
6%
Jan
Jan
33
175
8
14%
:
■
125
35
8
"
it
Capwell Co common-
Emporium
Fireman's
*
5%
564
6%
33%
1,105
25
Lines Corp..
Consolidated Oil—
American Tel
'5%
10%
Feb
100
Universal
Victor
of
Co
United Air
Feb
Jan
93c
25
5"
Preferred
53 y4
42%
900
17%
17'A
.
,i
Crown Zellerbach Corp commons-
Jan
650
53 y4
44
1.30
:
"
■
,
1.45
53%
43%
^
'
'
■
—:
—
*
A_———-
25 y4
'
—:
25
31
Oil
10%
.20c
•
Transamerlca Corp
Union
2.50
8%
—
Oil
Ass'd
Water
Tide
Jan
37/a
Super Mold Corp capital
Feb
Jan
'
Consolidated Aircraft Corp common —-1
class
Jan
3%
"
—.-
'
Co commonl._
Mining Co common— 1
Columbia Broadcasting System .B— -2%
Central Eureka
Ind
1.50
300
25
25%
Packing Corp common-
Chem
100
4%
31
Caterpillar Tractor
Cons.
1.75
4»/a
Californio Art Tile class A——
California Ink
108% .Beb
Jan
102
4%
Bishop Oil Co—————
Calamba
10
108%
t-l 0 CO
2.05
*
Standard Oil Co of California.—.
Bank
100
Ltd—,—
Co.,
High
2.50
—
Pacific Co.
Southern
Spring
Low
2.50
——-
——.—
Range for 1942
High
10%
■
—
Signal Oil & Gas Co class A.
Soundview Pulp Co common——
South Calif Gas Co pfd series A_
Jan
4%
Accessories
..u
common
Shares
2.50
—.si,
"X
Corp
Aeronautical
Rvan
High
10
Mining Co——
-20
Anglo Caiif National Bank
—
5
Atlas Imp Diesel Engine—
Aircraft
Alaska Juneau Gold
Oil
Warrants
Range Since January 1
Shares
High
C.U
..KUiUlu^tunll^
Richfield
for Week
Low
Republic Petroleum Co common—
Sales
Sales
Range
of Prices
Sale Price
1.55
Telegraph—,
9
.
15c
1.50
31
--
15c
:
1,090
,
1.60
9c
■
3,660
,31
1.25
190
31
Jan
Jan
Feb
31
Feb
Feb
CANADIAN MARKETS-- Listed and Unlisted
Thursday
Week's
Range
Last
Ureal Slock Exchange
STOCKS—
Sale Price
Par
Canadian Funds
for Feb.
(Prices
12 to
Week's
Thursday
Last
Range
of Prices
Sale Price
STOCKS—
Per
Low
Agnew-Surpass Shoe preferred
100
Aluminium Ltd —————*
Preferred
————,—-50
Asbestos
—
121
.
•
__
■ ■
*
,
>24%
450
144%
Gurd
101%
Feb
102%
Feb
Gypsum, Lime & Alabastme
21%
.
8%
Jan
25%
5
15
15%
Jan
109
Feb
14%
10,9
—
(Charles)
15y2
15%
15%
2,784
14%
26
23 y2
26
175
23%
3%
4
564
7
7
60
Bruck Silk Mills-—
3%
—* > V—
—
Jan
Hamilton
Howard Smith Paper common
:
Canada Cement common———*
94
Jan
Hudson
149%
Jan
Canada
North.
Power
Jan
16% Jan
W
Jan
26
Feb
2
Jan
4
5%
Jan
8
Jan
Preferred
Nickel of Canada com
International
.
*
Co Ltd——
15%
Jan
International Petroleum
Feb
12%
Jan
International
110
5%
Jan
Lake
the
Jan
Massey-Harris
4%
'■
6%
6%
9%
34%
6%
713
65
95
Jan
31%
participating
preferred
Canadian Celanese common
Canadian
25
.
Jan
32
;
100
Canadian Industrial .Alcohol class A_j•
-
.
Class
"B"
>.
Canadian Pacific Railway—
Cockshutt
—25
Plow————_—*:
Consolidated Mining & Smelting——5,
305
14 y2
Jan
8%
5 Va
265
Jan
8%
Jan
97%
Jan
.5%
Jan
Jan
5%
Jan
47/B
205
15%
Jan
5
150
Jan
4%
300
97%
4%
5%'
Jan
5%
Jan
U8x
4%
94
30
Feb
12
Jan
98%
Jan
255
27%
Feb
28%
Jan
1,675
12
Jan
13%
Feb
27%
28
13
13%
12
12
12
411
12
7
20
7
Jan
33
13%
101
Jan
7
Jan
38%
Jan
Feb
Montreal Loan
33
Jan
Feb
Jan
9
Jan
Jan
V 30
Feb
30
335
19
38%
390
18%
18
18%
895
9
9
102
»
_
102
102
——
12% Jan
7 Va Feb
7%
&
Jan
6
Jan
10
Jan
102
Feb
Jan
Feb
75
102
Feb
370
19
Jan
6%
690
5%
Jan
6%
367
6%
Jan
7%
1,197
24%
Jan
27
Jan
13
Feb
27
Jan
7%
^3/4
26%
13
13
25
13
27
211
26
23%
.
Feb
26%.
25
Mortgage..
17
,
23%
7
:
26
Light Heat' fr Power Cons
.
39%
18%
6
6
•
X
.
23
23%
■
50
:
Jan
Jan
Jan
Feb
Jan
7%
27%
37%
*
Mont
115
4
■>
165
8%
National
Breweries
Preferred
».
common—
——
.—
30
805
4%
4
50
110
7%
7%
8%
9%
9%
325
42%
41%
42%
1,056
17%
3%
Jan
Jan
an
19%
O
National Steel
Feb
w
Corp
Noranda Mines Ltd..
37
37
36%
Jan
45%
43%
45%
636
38
Jan
45%
44
45 y4
2,023
40
Jan
24%
23%
24%
250
-
^
»
Car
;•
*.
.1' '''
10
39
.
Jan
45%
:
Feb
45%
Feb
Jan
Jan
5
Feb
15
Feb
Ottawa Car
*
Ogilvie Flour Mills common—,—
Jan
3%
12
4
Aircraft..—<y—
F«b
8%
Jan
9Va
Jan
9%
Jan
Power
3774.
Jan
43*/a
Jan
Price
6%
Ottawa L H & Power common^v-— 100
9,006
9%
Jan
; ;
25
'
>15
"/
12%
15
15
97
9
common.—
McColl-Frontenac, Oil
340
32
4%
4%
>.
Locomotive
Jan
71
...
Jan
30
r
"Canadian
22
125
*
—
9%
19
—
Woods
Jan
30
30
•
:
Converters
Jan
13
common.—
7%
;
28 Va
8%'
> —>>
of
Power
34%
Jan
9
1,022
v
Jan
Jan
92
66
'
1%
22
13%
Public Service preferred... 100
4%
94
32
25
101
•
Feb
9%
Canadian Car & Foundry common—A—
Feb
22
13
*
11%
32
——50
5%-preferred—
Canadian Bronze common———
5
101
—
_
14%
i
Jan
Feb
225
34
4
,
13
Mining——
600
6%
9%
34 %
Corp—....—.*
Canada Steamship common-—;—._*■
25
101
Imperial Oil Ltd——-—
Imperial Tobacco of Can common. ..5
Bay
14%
4%
Feb
5
7
14%
11%
94
4
27%
Feb
11%
t_
Preferred———100
Jan
5
*
100
14%
11%
Feb
3
5%
__
Jamaica
Products class A—————*. •
Dredging——.'——5
Building
Bulolo Gold.
5%
;*
Feb
Bridge
'
•
141
168
144% 145
*
*
J
*
common
Jan
13%
680
*
—
50c
335
Jan
——
P—
B
Class
Feb,
4
R>/4
.
_>100
Jan
British Columbia Power Corp cl A
Brazilian T L &
High
50c
14 y2
14%
Wares common—
Preferred
124%
20
15%
109
General Steel
Jan
619
13%
Low
100
22
Players Canadian Corp.——*
Foundation Co of Canada—
*
Feb
3 Oft %
14%
—100
A
Bell Telephone Co of Canada
Range Since January 1
50c
5
—
Preferred
Bathurst Power & Paper
Shares
High
3%
—
*
"B'
111
> Feb
306
109
High
Low
123
15%
:
Range Since January 1
111
121
24
—100
Shares
High
101 Va 102
class
—*
Famous
10
——-*
common—.——*
Preferred
for Week
111
101%
Electric
English
50c
—
Sales
111
Corp—
Associated Breweries
Kootenay Power —
Enamel & Heating Prod-
npiled from official sales lists
reported next week)
Feb. 11 both inclusive,
Feb. (> to
Low
*
East
Sales
for Week
of Prices
Corp of Canada.———
Bros &
Ooebec
Power
.
*
Co Ltd common
•
.
9%
*
15
—.
4'/a
6%
7
6%
7%
75
110
.
1,766
9%
10
290
14%
15
360
Jan
24%
Feb
4
Jan
4%
Jan
6%
Jan
7
6
Jan
7%
Feb
9%
Jan
Jan
22%
14
Jan
10%
15%
Jan
Jan
'
——100
Dominion Glass common
Dominion Steel & Coal B—————25
Dominion
Stores
Ltd
————»*
Dominion Tar & Chemical
Dryden Paper
For
28%
common—*
—
footnotes see page
26y4
385
26
'■
Jan
29%
26%
145
24%
Jan
27
11%
13
Feb
Jan
130
122
325
J3
5
122
120
95/8
9%
9%
532
8%
Jan
8
7'/4
8
505
5%
Jan
6%
6%
*
6
6
110
6
Jan
6%
Jan
2
2
380
1.75
Jan
Jan
13
13
Jan
Jan
.12%
—
.
632.
29
26 y4
Seagrams common———*,
Distillers
Dominion Bridge
—,——_*
Dominion Coal preferred———25
.5%
8
,
Regent Knitting common
St
Lawrence
Corp
*
Common——
Jan
50
—
preferred..
100
Paper preferred—
•
Shawinigan Water & Power..—
Steel Co of Canada common.—
Feb
Jan
50
6%
6
10%
Feb
6%
Jan
7%
Feb
75
5%
Feb
6%
Jan
Class
St.
—'.
105
12 Va
Jan
2%
13%
32%
33%
111
32%
Feb
35%
Jan
18
17%
18
862
17 Va
Jan
18%
Jan
63%
63%
63%
116
5"a*
J-»n
f%
Feb
69
69
69
167
66%
Jan
69
Feb
A
Lawrence
Preferred
,——
—
—.
it
25
■
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
630
CANADIAN MARKETS
Listed and Unlisted
-
Sales
Range
for Week
of Prices
Shares
Thursday
Last
Last
Range for 1942
for Week
Range
Shares
of Prices
Sale Price
STOCKS—
Sales
Week's
Thursday
Week's
Sale Price
STOCKS-
-
Monday, February 15, 1943
Range Since January 1
'
''
Steel
United
"B"
Class
Par
61/2
Feb
Feb
250
41/8
Jan
5
Feb
2%
Jan
3%
3%
3%
Feb
1,050
21
3%
Feb
Jan
2 %
2.521
34 %
150
341/a
Feb
Wood
Jan
106
132
132
137
137
129
Jan
1341/2
Feb
42
133
/—100
132
Jan
140
Jan
1371/a
Royal Bank of Canada..
151
Jan
147
12
of )—..100
Bank
(Canadian
Commerce
150
Cadillac
Feb
to
both
11
for
(Prices
12
reported
Last
6 r/e
Power
&
Paper
Oil
Home
Ltd—!
Co
Oil
Homestead
Oils
&
preferred
lr/r
cumulative
Beauharnois
&
Brewers
preferred...
Power
of
Dist
British
Co
Columbia
Calgary
Canada
Can
6pfd——
Dominion
&
Malting
North
Canadian
Preferred
Canadian
/V
Jan
1.00
Jan
5%
351
5%
Jan
6%
Jan
6'A
15
10
13%
Feb
1514
Jan
Acme
9%
76
9%
Jan
9%
Jan
Alberta
5
Jan
Alberta
5
786
20
•
/..
Jan
19%
Jan
18
11
Jan
20
Feb
Preferred
99%
Jan
101'4
Feb
Aldermac
18
12
340
19%
Jan
/ 19 %
Feb
Algoma
5'*
39
33
36 34
Jan
3914
Jan
15
85
Jan
90
Jan
1.90
2
785
30-14
32
552
27%
Jan
32
Feb
17
17
25
16%
Jan
1714
Feb
■V:
/
1.45 Jan
214
163
1.30
1.40
1.75
1.75
1.75
Ltd....
10
148
Jan
164
Feb
162
Feb
164
135
3%
Jan
34
335
25 %
/
Jan
44
39%, Feb
15:
Ltd
Alcohols
Commercial
Steel
/.
2%:
Dominion Engineering
Dominion
Oilcloth
Works Ltd.
•
Anglo
Gold
Aunor
Mines
1.00
Jan
165
5
Jan
6%
Jan
8 %c 1014 c
18,100
6c
Jan
10 %c
Feb
ISC
300
9c
Jan
18c
2%
2%
100
2
Jan
106
109
854
15 %C
20c
35,847
Nova
Bank
of
Tor on 1,0...
/•! 45
Feb
8%
Feb
2%
Jan
614
Consol
65c
Jan
85c
Jan
85
26
11%
11%
•
Bear
.-./Aw/
/;'/
—*
4
//;■. 4
Lake
John
St
...—*
22
21 %
"A"
14 %
1414
■
1st
class
13%
10
1
25c
'/
55c
65c
3.75
3.75
150
22c
22c
3,000
10
10
Distilleries
Melchers
Mitchell,
Robert
Island
Power
Scotia
Nova
L
&
Bidgood
Can
Y)_.
24 %
Jan
26
Jan
Blue
9%
Jan
1214
Jan
414
Jan
Ribbon
Preferred
Jan
Feb
1.63 Feb
1.35 Jan
8%c
4%c
15c
Jan
Jan
5%c
Jan
Jan
242
6
222
Jan
242
Feb
235
235
6
235
Jan
240
Jan
9%C
lie
4,300
13'4c 16l4c
29.200
79c
16
9%C
14 %c
/%'
14
814c
Jan
11 %c
Feb
10c
Jan
19c
Jan
71c
Jan
80c
Jan
15
79c
600
16%
105
Jan
16%
3
11014
Feb
110%
Feb
146
70
140%
Jan
150
Jan
14c 1514 c
40,600
914c
Jan
614
Jan
145
145
x
14%c
—
31
16c
8
Jan
1614
4%
Feb
4%
84
29%
Jan
32%
Feb
Jan
10c
Jan
14c
Feb
9%c
20,400
12c
14c
17,744
9%c
3'/?.
Jan
Brazilian Traction Light &
3%
Jan
4%
Jan
British
Mines.
—*
8.90
8.25
15%
15%
15%
19
18%
19
19
19%
;7 12%
13%
25
Jan
22
Feb
■Jan
15
19
600
19
—
Oil
British
Columbia
Packers..—'
0
Columbia
Power
class A
—0
Jan
'
13%
Feb
-
Class
Jan
30c
Jan
11
Jan
Brown
Ankerite
Gold
Jan
Feb
Buffalo
6
1714
Feb
25c
Feb
2nd
90
92%
9214
10
Jan
614
6%
55
104 104%
11
102
100
58
Feb
30
Feb
55c
18,800
46c
Jan
55c
Jan
i3c ■:
48,900
4%c
Jan
13c
Feb
105%
Feb
9214
Feb
Jan
614
_*
5c
4%c
10
•
58
58
49%
49%
10414
24
0
!_•
9%
9'4
1.55
1.41
1914
19%
3 %
4%
1914
Ltd...—*
'
/
1.94 Feb
3%c
Jan
6'Ac
Feb
350
14'A
Jan
15%
Jan
9%
Jan
10
Jan
Feb
24
Feb
10
~1
29c
*
3
—*
4%
Ltd.
Oil
Bread
50
1.61
—
Calmont
common—
3
15,675
32c
25c
•/■-■■
10
/
29,100
24
914
/ 1.15 Jan
21c
Feb
:
Jan
1.61 Feb
32c
Jan
Feb
55
3 /
Jan
3%
Feb
4%
262
4%
Jan
514
Jan
95
4
92
Jan
95
Feb
105
3
105
Jan
106
Feb
3%
•:
4%
•
Feb
Camada Cement
common../..—.
95
100.
Preferred
58
Feb
105
37'A
37%
Jan
5014
270
19%
Jan
19%
Feb
3%
Feb
>4
Feb
!
4
Feb
137
Mortgage:
100
Steamship common————*
Preferred
50
Can
Permanent
class
B
Feb
.614
Feb
Jan
88%
Feb
140
30
124
Feb
140
Jan
0%
9
9%
1,272
8%
Jan
9%
33%
34%
423
3114
Jan
34'A
Feb
19%
19%
25
18
Feb
24:
Jan
"
...
Feb
Jan
614
7914
34%
——
Wire
Canada
39%
3614
10
30
233
V
88%
Canada
180
6%
85
140
—_—
...——
39
6%
88%
—*
Power....'
Northern
Packers
95.
105
Co Ltd—
Canada
47%
'■25
.//
24
1st preferred..—.0
Linen Mills
■
10414
1.60 Jan
Feb
3,000
119,325
14%
9%
2,875
6 'Ac
14%
:
preferred:—
Calgary «te Edmonton Corp Ltd
Jan
Jan
6%
;
1.94
Products Ltd
Caldwell
Feb
Feb
3 %c
Jan
Jan
Jan
25c
105%
Jan
19r'«
1.85
Canadian
I6V2
6
Feb
Jan
234c
9'AC
Building
4
27
23',4
12c
Burlington Steel Co common..
:;/•;/
Feb
Jan
60
1.85
Feb
5%
..,19'.4
20
—0
Feb
:
Jan
80.700
Mines.—*
Corp.-.——L_
Oil
17
10
18 %
30
52c
15%
100
Feb
20
:
21
53c
1314
25c
19%
3%c
24
Jan
5%
16%
Feb
3%C
29%
Oil..
Jan
17 %
Jan
18%
23%"
27
3%c
——-*
Porcupine Mines, Ltd——..1
Broulan
Jan
•
.
/_°
B
Dominion
10
1,345
9.00 Feb
7.40 Jan
14%
734/.
2,570
'/■
-Jan
15c
10
1.170
9.00
Pwr com:.*
*
Ltd—
American
Jan
■,
Jan
Feb
Jan
Jan
Feb
45
.14
8c
1
Mines.^———
Feb
8
32%.
8%C
914 c
Gold
Feb
4%
8
4%
Bobjo Mines,
2%
503
4.
Jan
110% 110%
79c
110%
50
15%
105% 105%
—
*
Co
Mills
Flour
Can
Feb
22c
242
242
common..:!
Corp
11
-IT1
H_—*
preferred—
$1 cumulative
Western
Feb
3.75
Feb
151
-
—
14%
—...
Si Worts Ltd
65c
Jan
Jan
—
Canada
Walker-Gooderhatn
Jan
3
20c
150
Gold
—
Canada Malting
(N
47c
1
1
Hats
100
17
25c
105%
6'// cum pfd..100
Power
Steel
Jan
11,200
100
455
5%
Ltd———.——0
Transport Co
—0
States
Feb
l%c
150
Canada Crushed Stone—.—————:'- *
Southern
2,400
16
13%
25o
Page-Hevsey Tubes,
United
102%
Feb
5!4c
Canada.—.———100
Kirkland
Biltmore
Canada
Provincial
Feb
114c
5c
—1
15%
17 VB
._—_*
—*
6# "cum pfd—.100
P
Jan
150
—
Jan
4
10%c
V
13%.
16%
0
Co..
6,550
1.56
-100
-
__ _
15%
17
*
Co Ltd..
Montreal
1.63
10c 10 %c
1.56
...1
preferred
25
390
•
25c
5% pld—100
Ltd.———.4—*
Ltd
28,425
61c
100
140
13%
————
101
2,000
3.75
A....:
Bell Telephone of
Feb
130
14%
Paper Co-
&
Power
preferred
Massey-Harris Co
1,176
114c
Jan
12514
100
Beattie Gold Mines
Buffalo
MacLaren
101 102%
Feb
914
Jan
.
1
225
1
22
0
Paper——._—*
&
Pwr
106
114 c
-.1
J
& Radium
23
293
414
Utilities'
3oO
Feb
20c
Feb
8%
100
124
Jan
110
Jan
8%
101%
>-1
.-w/—
_
Exploration
British
International
Feb
41 a
,
3
—
•
Jan
9c
120
0
Mining
25
15%
Co
Insurance
48%
8%
121%
1
British
Fire
Halifax
15 %c
0
...
Scotia—
100
4%
107'4
1
-
Mines
Metals
Jan
Jan
24
3
A
16c
18c
LOW
Feb
1214
314
400
15
Voting Trust.
Companies
/
■
_
,„i.
of
Jan
75C
3
Ltd
of Canada
Motor
Fraser
10»4c
0
Gold-.:.—,
Ltd
Mines.,
Bralorne
Ford
High
Jan
5%
100
Ltd
Porcupine
Bank
Jan
12
1.633
1514
Ltd—_L".
Aircraft
Fleet
Range Since January 1
Shares
5%
0
-
—
Huronian
Jan
3
6%
—.5.00
Airtraft Limited
for Week
.
0
_____*
:
Jan
4%
34
Jan
3%
preferred._100
7%
Dairies Ltd
Fairchild
.'..///
Sales
Range
70c
———A
Anglo Canadian
Bonetal
Eastern
Week's
of Prices
400
100
Montreal.
Jan
26
26
preferred'———20
Paper Co Ltd—————*
Donnacona
|
be reported next week)
12 to
100
—.
Mines
Gold
of
2%
70c
—/
-
Woollens
Dominion
Feb
85c
—-.1
Preferred
Amm
Bagamac
V6 %
614
—0
Ltd....*
Co
Lino
&
//
:
Feb
High
i/
Bank
135
//•'/•
24
Corp
Paper
t
Feb
9
24%
Jan
850
—
•
Bankfield
300
2%
3%
6%
314
preferred...—...5
Ltd
:
Cub Aircraft Corp Ltd..
:
*
Alcohol
Consolidated
4%c
Jan
2114
Exchange
Last
common.——:
Ltd
Beatty Bros
Commercial
'
414c Jan
270.
Low
common—.
Corp
Jan
Jan
8%
80
80
12%
12%
23''s
common....*
8% *•/:
8%
8%
12%'
—15
preferred..
3c
100
24%
Par
1
Copper
1.45 Feb
1.75 Feb
40
4%
44
Grain
2
Jan
85c
300
■
32
:
_*
Ltd.—
Products
Food
2,800
.
../
Jan
4-%
4%
33^
—r—0
preferred...—i_,__100
Westinghouse Co Ltd——0
cumulative
5Vr
24
Canadian Funds
/•'
Consolidated—
Base
Catelli
/
9c
Feb
50
164
163
1.30
cumulative
Canadian
162
—
163
—-1
cum
;
—
Aluminium
86
pfd—0
Co...
Inv
P
Viclcers
Canadian
7'/
&
P
16,085
3.30
2.93
Jan
5
17%
39
32
preferred————100
Marconi
Canadian
1.25 Feb
3.30 Feb
Thursday
...
Pacific
5
85
A:
.
Canadian Industries Ltd class B—*
Canadian
1.07 Jan
2.66 Jan
24%
'—0
Paper common..
Pacific
19%
19%
Dredge & Dock Co Ltd..—*
cumulative
700
Price
Oil:
&
Feb
3,800
9c
/■/■/:'
preferred
Gas
Jan
40c
4%c: 4%c:
4%C.
--l
//''-.■:////■
Abitibi Power &
Aquarius
T'<
■
High]'"-.,
65c
101 101%
101
19 %
—0
.1—
•:•.!'
4c
40c
Jan
1/25
3.25
——*
STOCKS—
Range Since January 1 /
Low
20
common.—2
Ltd
Breweries
Feb
4.60 Feb
1.25
.1.25
(Prices for Feb.
High
5
pfd._—_—100
7 '*•
High
2.35 Feb
16c
Jan
.36C
40c
*
!/'//"'
Shares
19
19
100
.*
30c
Low:
'
Ltd——:——__.—0
Co
Power
—
Sugar Co
214c Jan
i
1.90 Jan
12c
Feb/6 to Feb. II both inclusive, compiled from official sales lists
"Vl'i.
400
15
Ltd....——0
Ltd
Co
Pwr
Canada
6,500
Ltd.———
Oil Co
Sales
80C
9%
Ltd.—.../_'*
Oil
American
4c
;—-——
/
5%
5 V2
Ltd—5
Vancouver
Packers
British
314 c
3%c
Toronto Slock
80c
100
0
Ltd—...
Corp
3.60 Jan
Ltd—.—
Gas
Ltd
week)
next
of Prices
Low
*
100
common.:
200
Co Ltd——:—-*
Gas
for Week
Range
Sale Price
Par
Abltibl
4.60
/
Week's
Thursday
SIOCKS-
4.50
Funds
be
to
1
Ltd——;——
Co
&
inclusive, complied from official sales lists
Feb.
1,000
-V-//"'.'*
Montreal Curb Market
Feb.
100
16c
—1.00
Ltd—
Mines
Oil
Oil
Foothills
Royalite
(5
2.25
16C
;
'/'•:,//
:
Pacalta
Canadian
2.25
—1
Waite Amulet Mines Ltd
Dalhousie
100
Montreal-:
—1
Ltd
Towagmac Exploration Co Ltd_
Teck Hughes Gold Mines
Oils—
of
High
Feb
Banks—
Bank
Low
High :
:
4,324
5
3%
29 %
—
—,—,
61/2
110
3%
—a-a.—-———,.-,.100
Preferred
6 V2
4%
*
—*
Corp—,—
Winnipeg Electric class A—.—;
Low
High
6 %
Transit common—*
City Rapid
Twin
Low
Far
'
•
—
Feb
Mines—
*.
11c
Jan
20c
Feb
214 c
Feb
3c
Feb
15c
20c
35.500
/■ 2 'Ac
3c
6,000
15c
15c
500
12c
Jan
15c
Jan
9c
9c
100
Sc
Jan
9c
Jan
15 %c
*
Ltd..:—
Mines
Arno
—*
Ltd.—
Aldennac Copper Corp
—
Canadian
Bakfries
Malartic Gold
Canadian
,
1
Limited....——
Mines
•
—
50c
50c
Mines Ltd—0
52c
lc
lc
lc
5%.c
5%c
1,000
:
5%
1st pfd.t
Ltd—
Mines
19'A
...—
19%
125
Feb
5!4c
Feb
Malartic Mines Ltd
Jan
25
Canadian Celanese common——*
Preferred
100
Canncrs
Convertible preferred
1914
Feb
2014
Consol.
J.-M.
Shore
Lake
'
Mines
Mines
Joliet-Quebec
Ltd—
2,400
1.00
1,500
80c
Jan
Canadian
Dredge
31c
500
21c
Jan
31c
Feb
Canadian
General
Feb
214c
Feb
Can
1%C
2c
2 %c
23,500
1.13 Feb
IV2C
2'Ac
2 %c
1,000
214 c
Feb
11%
11%
11%
535
11%
Feb
4.00
4.00
4.25
300
77c
77c
200
1
:
—
1
Ltd
Mines
1.17
30c
1.13
'
Mines
Gold
400
31
60
20%
290
19
11
11%
Mines
Ltd
1
—1
—:
3.95
77c
Jan
Feb
Red Lake Gold Mines!
Goldfields
Malartic
Moneta
Porcupine
Normetal
Ltd
Corp
Mining
200
2.05
1,200
32 c
.1
0
Ltd..
91c
2.00
...1
—
Mines
9ic
—!_.l
32c
100
79c
Jan
1.70 Jan
32c
Feb
1.18 Jan
214
Feb
c
Feb
4.25
Feb
220
10'4
Cariboo
Canadian
91c
7%
2.06 Feb
Feb
Gold
30
30%
460
135
135
";,//■ 3
17
17%
133
135
■
J.-1 '!
1.03
5,850
78c
Jan
71c
2,700
65c
Jan
72c
.——1
Omega Gold Mines Ltd.
Ontario Nickel—:.——
—
12c
325
12c
Feb
12c
Feb
8'Ac
•
8%c
T——-
17
■
.
9c
14,700
8'4
Jan
11 %c
Jan
71c
71c
100
60c
c
Mines Ltd...——*
Pato Cons Gold Dredging Ltd
...1
Perron Gold Mines Ltd..
——1.00
Pamour
Porcupine
2.25
2.25
2.40
1.03
1.00
1.03
Crow
Crest
Gold
Mines
Gold Mines
Ltd......
,
1,800
Jan
1.85
1.85
100
1.74 Jan
1 '4c
1 %c
500
H4c Feb
3c
3c
4c
14.500
1
Ltd————0
2.20 Jan
91c
1%C
'
Pickle
Red
3,700
Jan
Shawkey Gold Mining Co Ltd
—1
Feb
Sherritt-Gordon Mines Ltd—.—.—.1
85c
85c
95c
4,100
6614c
Jan
Mines Ltd——:
:—1
Ltd...—....1
42c
42c 43'4 c
2,200
38c
Jan
Ltd—_1
75c
Siscoe Gold
Sladen-Malartic
Sullivan
Mines
Consolidated
Mines
Trethewey
Central
Canada
Central
Pat
1.03 Feb
*
footnotes
see
page
632.
225
15
Jan
18
165
133
Feb
137
Jan
Jan
27%
4%
4%
275
-13
15
200
48c
52c
7,100
9,647
Jan
Jan
15
Feb
43c
Jan
56c
Feb
3%
714
8%
1,200
95c
Jan
60c
70c
203
54c
Jan
4
70C
-
Loan
Gold
&
125
Savings—100
125
125
—1
1.05
1.05
1.11
3,570
1.00
125
Jan
8c
1.500
714c
Jan
65c
Jan
Mines
;
7%C
73'VC
80c
73 %c
89c
18,150
2.40
2.40
2.40
50
Porcupine Mines.—
Chromium
Cochenour
71c
Feb
2.40 Feb
1.04
Jan
Smelt————:—*
Willans Gold Mines..._—1
Plow Co..
*
Mining
&
Collingswood Terminal
Preferred
Commoil
•
93 c
13,380
9%
2,255
6 %
614
5
75c
1.13
.
Feb
Feb
Consolidated
Bakeries
J.00 Feb
Consolidated
Smelting
4c
44c
Feb
Feb
25
6
Jan
7,000
17c
Jan
25c
1,825
20c
Jan
96c
2,700
94c
Feb
10%
5
42%
41%
42%
791
126
128
36
22%
—:
5
22%
44
75c
200
914
Jan
3714
Jan
Jan
39c
39C
500
36c
Jan
45c
Jan
Consumers Gas
73 %c
75c
5,800
68c
Jan
75c
Feb
Cosmos
(Toronto).::—..100
Imperial
Aircraft
Mills.......
0
70C
Jan
6%
6%
94c
94c
6%
20c
24c
Jan
9%
;1Q%
96C
Mines
Feb
2,63
Jan
10%
—...
89c
,
Jan
6 %
*
Commonwealth Petroleum
Feb
Feb
Jan
6
1.85 Feb
114c
Jan
9c
Feb
914
17 %c
—
Ltd
86c
9%
.,
common
....—
■'
90c
9%
2.40 Jan
Feb
70c
Feb
125
Jan
1.35
Feb
8 Vb
1.35
,
Feb
10
7%
7%
Jan
5
-1.25
■
—
Feb
137
1
Central
Cub
For
Ry.
Jan
Feb
Feb
48C
.25
Co.:__:_l
Mines..—.——1
Pacific
Coniaurum
3c
30%
Feb
134
15
:
....
r
x
4%
Ltd com A-—.0
Co
■:
Gold Quartz Mining
Cockshutt.
1
9%
29
Jan
Feb
12c
'
27%
Jan
Chesterville Larder Lake Gold Mines—1
90c
71c
90c
Mines Ltd.4——1
Feb
1114
Jan
■'■/■■ 100
135
A
Feb
32c
Feb
21
Jan
775
29
30
:
,.50
Malartic Gold—_—
Canadian
Feb
Feb
31
Jan
8'A
•
8%'
—
Electric—.:
Locomotive
Canadian
^
...
Alcohol
Indus
11%
77c
I
O'Brien
2Vb
Jan
1.25 Jan
Castle
Madsen
28
28%
■;
'
Gold
Leitch
Mines Ltd
Gold
Lamaque
1.35
Feb
Feb
80
134%' Feb
Jan
11%
——
1.00
1.15
—1
:
Ltd..—....—1.00
Ltd.————0
Gold Mines Ltd.——1
Gold
Eldorado
Francoeur
2.00
30
Canadian Car & Foundry common..:.*
.....
East
132
1.80
20
20
—0
lc
Feb
Preferred
Dome
Jan
31
Feb
Canadian
Jan
129
134
common—.1—
Jan
Feb
66
128
—
514 c
52c
255
1.90
Breweries
Preferred
lc
500
5%c
515
80 /
134
Bank/of CommercP-..-:/)l00
Canadian
50c
2,500
Mines Ltd_„_..l
Mining Corp Ltd——--—----1
Cartier-Malartic Gold
Century
79%' /:
4c
2'Ac Jan
4c
3%c
,
^
'■'•'•
100
—
Canadian
Pidgood Kirk Gold Mines Ltd...——-1
Bobjo
4c
0
common
Preferred
123
Jan
20c
25c
Jan
Feb
Feb
1.02 Feb
11
Feb
4314
Feb
128
Jan
22%
Jan
23%
Jan
65c
Jan
85c
Jan
Volume
157
Number 4151
THE COMMERCIAL & FINANCIAL CHRONICLE
Week's
Thursday
Last
STOCKS—
Sales
of Prices
Par
Davies
Mines'..:
25
25
15
14c
23c
104,150
Petroleum
Deinite
Loio
Range Since January 1
22c
ZCIi
Denison Nickel Mines——
High
Loio
STOCKS—
25
Feb
Pacalta
10c
Jan
23c
Feb
Pacific
Oils
50c
50c
2,000
50c
Feb
50c
Feb
Page
4 %c
5,000
3%c
Jan
4%c
Jan
Pamour
__
1
Dome
Corp—Seagrams
common....*
28%
28%
28%
130
25%
Jan
29
Jan
*
19%
19%
20%
1,145
18%
Jan
20%
Bank
100
Partanen
151
151
1
22%
23%
1,028
107
107
10
9%
9%
9%
455
8'/a
Jan
10%
Jan
8%
Dominion Foundries & Steel com
Preferred
i—
7 Va
8%
2,740
5%
Jan
8%
5
5%
790
2%
Jan
5%
Jan
Power Corp
500
8%
Jan
12%
Feb
Premier
4c
Jan
7c
Jan
Pressed
__
__
142'/a
Jan
20%
153
Jan
107
Feb
...25
Stores
Woollens
&
Worsteds
Preferred
Duquesne
Ltd
*
com
v—i.."'
20
Co
12
1
.
Mining
East
Crest
4%c
.
Oil
12
11%
4'Ac
12c
Eastern Malartic Mines.________
Economic
Eldorado
Gold
•
4%C
25
l
.
Aircraft
Co
of
Gold
class
2,500
A.
God's
I.ake
Gold
Eagle
Golden
:•
Jan
1.04 Jan
1.69 Jan
1.90 Feb
_1
1.38
1.38
Gold
Powell
Feb
Jan
8.200
1,01
3.10
1.20
Jan
Feb
3.70
5,500
2'Ac
Jan
4%c
Gold
East
225
3%
Jan
4%
Gold
22 Va
1,896
19% Jan
30c
7,200
20c
83 'A.
84
90
90
st
22%
Feb
San
32c
Jan
Feb
Sand
Jan
85
Feb
Feb
90
Feb
Rouyn, Ltd
Shawinigan Water &
Shawkey
3%c
Feb
Feb
2c
17,832
12 %c
Jan
16c
Feb
Sheep
5,300
lOVaC
Jan
•
13c 13'Ac
Cotton
Gold
Creek
Feb
Feb
6'Ac
1,000
5%c
Feb
5'/«c
Feb
3%
125
3%
Jan
3%
Jan
15%
370
3%c ■:
,
3.15
2'Ac
Jan
ll%c
Jan
5
Jan
5%
Feb
Slave
Oil
&
Gas
Mines
End
Feb
7c
Feb
Southwest
70,000
3.40
.120
;
5 V
3%c
4%
1,835
Feb
Sladen-Malartlc
17c
2.50 Jan
Siscoe
M
&
i*
Metal
33
Feb
Jan
58c
3'Ac
1,500
;2%c
Jan
3%c
Feb
25c
1,000
20c
Feb
25c
Feb
2,910
3.35
10c
-.6,500
9.30
2.93
8.50
4c
5%C
16.800
.4.800
28%
770
10
11'A
61
61
163
165
13
61
e
■
13%
1
715
4c
5c
6,500
j.
Jan
6c
Jan
2,900
1.86
Jan
2.20
Jan
3c
2,500
2%c
Jan
3c
Feb
23'Ac
24%c
25c
18,600
20c
Jan
30c
Jan
17%
18
50
Jan
18'A
Jan
2%c
4c
II,000
2c
Jan
4c
Feb
96c
„
2%c
98c
1,500
85c
Jan
1.05 Jan
89c
5,500
67c
Jan
1.00
Feb
6.00
20
Jan
6.50
Feb
__
1
85c
83c
1
6.00
6.00
.
—
13%
10
10
4'%
4%
25
3%
Jan
94
93
94
35
86%
Jan
94
Feb
42c
42c
44c
7,800
39c
Jan
45c
Jan
38c
37c
40c
9,700
29o
Jan
45c
Jan
3'«c
Jan
*
__
2%c
3,200
6c
266,900
30c
1,200
13
13
13
30
1.55
1.50
1.55
690
8%
8%
25
63
63
63
90
59%
I
69%
69%
69 %
20
66
Gold
3c
Co
1.61
1.73
32,925
1 %c
1 'Ac
8,500
lc
10'Ac IOV2C
2,000
10c
of
Feb
Straw
9.60
Jan
Sturgeon
l
Mining
8c
I
16c
25
Iron
Beach
Lake
Gold—.
0
Gold
River
•
Ltd.—
Basin Mines.
Lake Shore Mines, Ltd.
Lamaque Gold Mines
__
Sudbury
Contact
*
,
Jan
11%
2%c Feb
3'Ac
Jan
6c
30c
Feb
30c
Feb
10
Jan
13
Feb
Feb
1.10 Jan
1.55 Feb
7
V
8%
Jan
1.51
Jan
63
Feb
Feb
70
Jan
1.78
Jan
Jan
1 'Ac
Feb
Jan
12c
.
Jan
>61
Feb
Tamblyn
157
Jan
165
Feb
Texas
Tip
1.75
1.72
1.76
3c
3%c
550
1.46
Jan
Jan
1.90
Feb
Feb
55
Mines———_______ 1
Mines
Cons
Ltd common.
(G)
5,250
,435
11%
Jan
13%
Feb
11%
Jan
12%
Jan
27c
Jan
35c
11%
Feb
Jan
113 Va
Feb
Jan
39 %
Feb
4c
Jan
65c
Jan
75c
Jan
10%
180
2.20
2.28
3.670
95c
1.05
1,300
7
7'A
100
100
2.20
5
;
Feb
1,600
3,800
10%
•
1
Oil—
3c
73c
1.60
__
1.60
__
1.38 Jan
10'A Jan
1.85
Jan
1.60 Feb
10%
Feb
2.40
Feb
90c
Jan
60
7
Jan
10
100
Feb
100
Feb
1.05 Feb
Jan
Jan
Canadian
3,500
73c
1.54
__
1
1
Top
Tailors
*
common—
Preferred
__
—100
100
.
7'A
Feb
*
2,500
5
10 Va
10
112 'A
33
17
43,200
6c
Jan
10c
Elevators .common——
Toronto
l'Ac
2.000
lc
Feb
l%c
1,200
13c
Jan
16%c
General
Mortgage.
Feb
Jan
*
27
27
30
23'A
Jan
27
Feb
511A
51'A
51'A
6
50
Jan
51'A
Feb
__
72'A
75
2
68
Jan
75
Feb
85
86
74
68
Jan
86
Feb
15c
18c
14,200
12c
Jan
18c
7'A
7%
734
6
Jan
__
—A—____50
Preferred
Toronto
Trusts—100
______50
__
Feb
16c
„
%c
34,000
2c
Jan
A 18%
Jan
2c
Towagmac
Exploration
Union
Feb
Co
Gas
United
B
11
10
5.75
11.914
58c
60c
4,660
55c
Jan
62c
70c
14,000
48c
Jan
71c
Feb
Jan
12
Jan
——1
_:1
Canada—,
—*
A—_'
—50
class
—
36
35
36
55
V
32%
Jan
7%
37
Feb
Feb
Feb
25
4
4
4
225
3->8
Jan
4% Feb
«
——
8%c
8c
9c
6.400
5%c
Jan
9c
Feb
Jan
5%
Jan
Jan
1.28
Feb
;
Oils
17c
Jan
61c
of
Invest
Fuel
Class
Feb
5.60
61c
lV«c
__1
9
...
10c
?
16C
A'
_1
-
Mines
Sudbury
1.046
l3Ac A
5.70
Feb
3.35 Feb
18%
lc
1
Mines
common..
-15
•
*
—
Rock
16 %c
Jan
Canada
Preferred
Steep
Jan
11
Mines..
Jan
4'A
Jan
1.65
.>•
0
com
—
Sullivan
-96
.
11
18
Canada—.
Lake Gold
10
Jan
Materials
&
__
»
———
Sylvanite Gold Mines, Ltd
2,040
1%C
•
2c
Feb
113
*;
Jan
30c
Jan
38%
9c
1
10
4%c
Jan
37%
11
__i
...
Mines—
5.75
2c
5%c
113
——I
17
5%c
20c
38'A
:
Feb
2.20
*
28 %
12.
1
;
;
Jan
Jan
25%
2.15
*
Jan
32c
18%
2c
4'Ac
142
Jan
2%c
__
1
Feb
12
—100
•,
Jan
21'A
1
27 Va
7%
30c
-
A—"
•
134
,
100
171/26
30c
v, ■j
__1
common..
Mining.;
Dufault
2.18
T
Mines—
Preferred
Jan
2.65 Jan
48,070
I8%cl9%c
27'A
_
3'Ac Jan
122
25Ve¬
Jan
33
United
Lake
1,020
138
24
5c
Teck-Hughes Gold Mines
Petroleum—
Keri-Addispn
4c
137
A
1
Paving
Feb
49 Va c
9.15
Ar'k'
100
common
Nickei
Consolidated
Kirkland
4c
137
Mines——
Gold
Standard
Jan
29
3,100
13'Ac 16%c
27%
__I00
Milling preferred
of
.—A
Petroleum
5%
Jan
33
•
Dev
Mines
Kelvinator
Feb
Petroleum
Chemical
54c
*
•
Mtge
Min
Jason. Mines
7'Ac
Mines
Toronto
J
Feb
Mines.
Standard
33
5c
k
•'
_•
Gold
3.40 Feb
20c
16c
Imperial Tobacco of Canada ordinary.5
Waite
7'Ac
Feb
52c
20c
l
Imperial Bank of Canada—
Imperial Oil
Jack
500
A___^___„___——10
Jan
=
3 %c
1
„
—
Hunts Ltd class A—A
Jacola
7%c.7'Ac
24%
—
Lake
5c
945
7c
„
3,725
4%
>
53c
■___*
——
Bay Mining & Smelting.^.-,
International
Feb
7%c
—
1.000
55A
3.15.
3.25
International
Gold
class
Preferred
16
6c
•?
9.20
International
42c
1
Class B
,,
14%. Feb
14c 14'Ac
6c
»
International
Jan
1.72
Feb
5%
__1
:
_
Inspiration
30c
Sigma Mines (Quebec)—_—L
5%c
14c
—1
Erie
500
50c
3'Ac
Consolidated Gold Mines—5
<fe
42c
—*
Mines
3 %c
j
Huron
Gold
14%
1
Mines
Gold
42c
1
13Vac
Ik- &
Oil
Hudson
Feb
42c
___•
Jan
5%
Mines.—
Highwood-Sarcec Oils
Howcy
Feb
23c
1
Power
Jan
preferred—30
Gold
Homestead
2.10
Feb
Mining-——
2c
4,500
•;
Steel
Hoilinger
Jan
20c
1
3%c
3%
-
Jan
5.645
...
43,500
5'Ac
1
Feb
Feb
6'A
,15,000
—1
Sherritt-Gordon
3%
I
80c
Feb
3'Ac
;
Jan
23c
Mines Ltd_;
77
Jan
5%C
Alabastine
Jan
4
2.10
,—100
Mining—
87
3c.
Ltd.——_1
Mines
58c
20c
Senator
Gold
5
:
l%c
13'Ac 14%c
__i
Hamilton
Home
240
Jan
2.02
1
Mines
40
V
3,000
13c
Bridge
Mines
4,000
6
7%
20c
___
Gold
River
6,500
___•
&
Hamilton
Hasaga
80c
Jan
Jan
_1
;
Gold
Antonio
2c
3c
Mines—.
Gold
73c
5%
__
'•
6
1.44
65c
2.07
Long Lac Gold Mines
Anthony
3%C V
5c
Hallnor Mines
Harkcr
535
Jan
Jan
*
—
1 %c
6'Ac
Gold
Lime
Rock
7%
1.25
55c
1
Royal Bank of Canada.—•___
Royalite Oil —;
3 %c
'''
3c
Halliwell Gold Mines._____.____
Hard
4,150
7
78c
—.1
Mines
Mines
Gold
South
Gunnar
1
America
Reno
Jan
5%c
<-■
Wihksne
Gypsum
of
Dome
I,200
60c
—„
Mining
Metals
1.40
60c
60c
Feb
4'/a
90
.'
_1
Mining
Feb
4V4C
4c
28c
3'Ac
C—
B
of Canada
Queenston
Feb
23
21%
'
of
Frospectors Airways
Jan
4 >/8
v.
-
84
Mines
Rouyn Gold Mines.
__
1.30 Jan
Jan
A
Mines—
Jan
82c
Mines
Gold
■
Vtc preferred
Grull
Jan
Jan
90c
6,705
13
,21%
vtc—*
23c
18c
4,600
22
—_1
common
Feb
5,400
Jan
262
21%
Mines
Lakes- Paper
4%c
21c
Jan
i________l
Mining—___
Jan
1,90
12
790
.„__1
Jan
2c
31,000
1.01
Gold
Simpson's
Grandoro
Great
4%c
20c
20
23
.*
A
Mines-—
Gate
3%c
4c
99c
3
3.65
-
1
Ltd—
...
3%c
Jan
1.81
10
15c
Jan
1.12 Feb
22
___1
;
Mines
—1
Gold—
Jan
3'Ac
200
Feb
1.85
13
4'Ac
3.50
4%c
*
Lake-Porcupine
Goldale Mines
4c
Feb
1.01
20
90c
Mliics___._______._i_*
Mines
4c
70c
1
46,610
22
preferred—100
5%'A preferred .———100
Gillies
4c
Jan
1
253,650
3.50
Gatineau Power 5%
Glenora
——1
57c
10,290
1
20
.
96c
_*
Canada
Francoeur
70c
Paymaster Cons Mines Ltd
15c
1.12
20
Falconbridge Nickel Mines...
Fanny Farmer Candy Shops——_„I
Federal Kirkiand—.1
Ford
68c
93
Pickle-Crow
Roche
Fleet
68c
Jan
Perron
1.22
11c
1.14
,.*
Trust.....
Mines
*
Feb
88 Va
110
31'AC
Feb
13
_r
Corp..
Investment
93
9c
Jan
Jan
Presion
Eastern Steel
93
High
4%c Jan
22c
Feb
23%
108
Pioneer
Dominion Steel class
Dom
1,000
Fob
__
*
100
.....
Dominion
22,800
93
Ltd—
Gold
Malartic
Low
9c
31%c 31'Ac
__
Range for 19i2
High
8c
*
Mines
Cadillac
Shares
Jan
Mines
Dominion
___1
Porcupine
Pandora
Distillers
8c
Hersey Tubes—
for Week
Low
Ltd
Petroleum
4 %c
■
Par
1
Feb
Range
of Prices
Sale Price
High
25
Sales
Week's
Last
,
Shares
-__50
Dairy Corp preferred...
Thursday
for Week
Range
Sale Price
>'
1
11%
11%
11%
1.425
*
4.05
3.95
4.20
1,191
14
'is
10
4.75
10 %
Jan
Jan
3.65 Jan
11
Feb
5.75
United Steel
*
4%
4%
5
2,050
Feb
Upper Canada Mines Ltd
1
1.18
1.15
1.25
6,100
Ventures, Ltd.
*
5.25
4.90
5.25
2,916
13'Ac
12'Ac
15c
55,500
27c
30c
1,600
4.25
4.60
3.361
Vermilata
—
Oils
Oils
Vulcan
4.20 Feb
—
.
—1
—
Ltd———
1
__
4 Va
95c
4.40 Jan
5.25 Feb
9'Ac
Jan
15c
Jan
25c
Jan
30c
Feb
"
Lang &-Sons_—,
Lapa
Cadillac. Gold
Mines_
1
Lebel Oro Mines
Leitch
Gold
Ltd
Groceterias
Class
B—
class
14
Feb
Waite-Amulet
5c
Jan
9%c
Feb
Walkers-Gooderham
lc
8c
•2c
2%c
13,500
Jan
2%c
Feb
75c
76c
J. 3,630
60%c
Jan
79c
Jan
12,500
80c
•
10,000
80c
Feb
20%
205
20%
Jan
21%
19'A
20
18%
Jan
19 %
Mines, Ltd
Jan
Madsen
Red
Lake
Gold
Malartic
Gold
Leaf
Milling
.Preferred
Canada
common
—
common
Preferred
Red
common...
Lake
Gold
Moore
1.55
Jan
1.74
90c 93'Ac
23,950
93c
Ltd
70c
Jan
Westons
95c
Feb
19.725
1.68
Jan
2.07
Feb
Class
51,400
%c
Jan
l%c
Feb
5 Va-
5%
3,855
4%
Jan
6%
Feb
530
10%
Jan
14
Feb
500
"kl
:
6
12%
Ail 3C
;
13%
3c
3c
2%c
Jan
3%c
1,087
5V2
Jan
6 %
1,060
14%
Jan
15%
Feb
7'A
7
7'A
Jan
7Vo
Feb
98
97'A
99
100
92%
Jan
99 Va
8'Ac
lie
6,500
5'/aC
Jan
11c
Nat'l
47
Jan
49
83c
Jan
95c
1 Vac
Jan
2%c
7c
230
93c
6,000
2'Ac
21,005
5'Ac
8,500
5c
13c 15'Ac
8.000
11c
Jan-
4
Jan
,1.65
5%
5'A
100
1.65
—k
1.80
9,600
_
Nipissing
Norancta
—
Mines
Mines
Oil
Nordon
Normetal,
15%c
5%
1.22 Jan
15.
10
15
Feb
15
-
92
Feb
93%
••
Yankee Girl
•
Feb
65
28c
Jan
37c
North
Jan
27
Star
Oil
44%
Jan
46%
Jan
30
Feb
30
30
60
7
1.145
7'Ac
7'Ac
4,000
14'A
14%
15
310
45
43%
36c
6%
•
45
450
38c
36c
4,500
1.11
1.05
1.11
Okalta
710
Omega
Gold
Nickel
Corp
Orange
Crush
Ltd
Brett
Trethewey
6
Jan
7
Feb
Canadian
Feb
7%c
For
footnotes
see
page
632.
3.25
4,155
9c
9c
2%
Feb
2'A
Jan
20
Jan
2'Ac Jan
2.50 Jan
3 Va
36
Feb
Feb
Feb
4C
3.25 Feb
500
9c
Jan
9'Ac
Jan
Feb
45
Feb
i
41%
43
40
$8,700
26
both
Exchange-Curb Section
Funds
inclusive, compiled from official sales lists
Jan
15
Feb
38
Jan
46
Jan
Consolidated
36c
Feb
50c
Jan
Corrugated
1.05
Coast
Jan
1.15
Feb
Dalhousie
Jan
45%
Feb
Disher
3%c
Jan
8%c
Feb
Dominion
75c.
Jan
25C
540
24c
Jan
9,905
1.25
1,800
4
4
179
69'Ac
69c
71c
62c
60c
17'AC
12
Feb.
to
Sale Price
be
reported
of Prices
%C
*
week)
for Week
Range
—1
next
Sales
Week's
Low
Shares
Range Since January I
Low
High
%c Feb
High
lc
1,500
8
8
26
1.30
1.40
900
1.50
1.80
1.280
*
Mines.
3
3'A
1,355
3
Jan
100
75
75
10
70
Jan
75
Feb
35c
43c
14,050
29c
Jan
43c
Feb
III 1
1.03 Feb
28c
Jan
1.00 Jan
•
6%
85c
Jan
Jan
l'Ac
Jan
Jan
8
Feb
4
8,400
68c
Feb
73c
Jan
65c
7,800
38c
Jan
65c
1.45
Feb
12 %C
18C
57,220
8%c
Jan
105
35
104%
Feb
preferred
Co_
*
40c
—
45
1.25
1.25
26%
Construction
26
26%
615
1.23
1.10
1.30
9,850
30
30
30
3%c
4'Ac
8,500
35
35
12
13
10 %c 10% c
500
1.68
4.400
comm
Bridge
Foothills Oil & Gas—
Langley's Limited preferred—
'lOO
1.00 Jan
1.80 Feb
3 %
Jan
T.25 Feb
25'A
Jan
78c
Jan
24
Jan
30
27Ac
Jan
4'Ac
15
35
Jan
35
120
12
Feb
14
Jan
10%c
Feb
19c
Jan
26%
Jan
1.30 Feb
Feb
Feb
104%.
Oil
Box
1.20 Jan
1.25 Feb
4
Paper Corp
Paper
Steel
1.80
Company-———5
Copper
40
-
for
Feb
12
11.500
8% c
11
Marconi
7%c
47,506
1.10
1
to Feb.
Vinegars
1.03
4
0
3.1a
Par
8'Ac
50
preferred
500
J-'
Last
45%
(_2
Loan
Ontario
4c
9c
Thursday
90 c
1
Mines
Ontario
525
4c
3.2U
*
(Prices
6'Ac
U*.
Oils
*
215
36...
•:.i''•
Feb. 6
44 '/„
25c
-5
.
—
Toronto Stock
90c
common
3%
—_—_
45
Mines
Feb
Feb
Feb
30
12,150
*
Gold
3%
845
3%
3
Gold——
v-
■
•;
Uchi 6%
'
<1
Feb
Ontario
O'Brien
Jan
3
STOCKS-
/A 46
—
—
12%
29%
__1
Jan
i6o
Canada Mines
Preferred
Jan
Jan
24%
5
46
'
Northern
12
3
—
Feb
26
7
•
■
-8c
Ltd
150
33
Feb
bC"
35c
—__C_
Corp
Feb
12%
Bonds—
Feb
2
5
26
—
.
1.80 Feb
65
33c
—
*
Feb
92
26
,
Ymir
.
Feb
15
92
46
-5
Mining
70
12
Canadian
35c
*
National Steel Car
Negus Mines
69
Jan
3
Jan
92
—
*
A..:
Jan
55
Jan
65
-
*
_____*
6
2C
—_25c
class
•4%
40
30
.—0
—
Wright-Hargreaves Mines—
Jan
335
•A- 5c
,
-1—
Wood-Cadillac Mines Ltd——
■-
1
Pipe
Jan
365
70
Feb
Feb
48
48
;
92c
2c
*
_*
Petroleum
Sewer
630
69
Feb
5%"
*
Natl Grocers common.....
4%
60
66
;
;__10Q
B
Canada
National
Feb
47
Feb
11c
—1
common—.
3%
825
Jan
15%
Winnipeg Electric class A—
Jan
6%
15 '/a
5%
15 3 i
preferred—100
—
Jan
common.——.—*
Preferred
.15'Ac
Power
Flour
Ltd
(Geo)
2,05
*
&
Jan
22c
70
1%C
•
Heat
19%
Jan
3%
lc
Mines.—
common
Jan
19c
61'A
1.95
_
Light
Feb
19
650
—100
2.00
1
Porcupine Mines.
50
817
20c
common—__—*
1 'Ac
100
Corp
Jan
19%
20c
common——.,——*
*
1
common.....—
50
19%
Feb
1
Knitting Mills
Muirheads
11.890
5
Mines
Mines
Containers
Montreal
1.70
___•
Preferred
Moneta
1.65
of Canada.
Corp
Monarch
1.70
.100
...
Mines
Graham
Modern,
Jan
Exploration......„*
Mercury Mills
Mining
2.92
*
Porcupine Mines—i
Gold
McWatters
Jan
20
».
.
McDougall-Segur
McVittie
2.30
12%
,_i
McColl Frontenac Oil
MrKenzie
3,750
_
Preferred
Mclntyre
2.90
1
Massey-narns
49
19%
'
i
Preferred
_•
,
Maralgo Mines
McLellan
2.75
1
f
4.60 Feb
49%
*
1.
Grocers
Western
_l
Fields
Manitoba & Eastern
Maple
Mines
2.75
1
MacLeod-CocusUutt Gold Mines
common—*
________
3.40 Jan
1.00 Jan
f
—
Worts
4.25
*
Wendigo Gold Mines———
Western
Macassa
Ltd——
Mines,
Preferred
Jan
19%
19%
90c
20%
*
;
Feb
7%c
80c
A
__
14
2c
v
1 ?
Little Long Lac Gold Mines Ltd.
Loblaw
I
76c
7'Ac,
l
Mines.
A;. 14
8'Ac
9 'Ac
66,300
3
3
62
8%c
3
18c
105
Silknit
preferred--—
'
4'Ac
100
'
Scrip
Jan
Osisko
Jan
Pend
'
Lake
Mines—.—
Oreille
Feb
11'Ac
Jan
Supertest
Feb
3
Feb
Temisk
.
Mines——.
Ord.
Mining
—'—
_____——
1
1
1.57
1.50
0
25
25
55
1
5'AC
5'Ac
2,200
1.05
25
5'Ac
Jan
Feb
Jan
*
1.70
25
7c
Feb
Feb
Feb
Feb
Jan
,
THE COMMERCIAL & FINANCIAL CHRONICLE
632
Monday, February 15, 1943
...
OVER-THE-COUNTER MARKETS
Quotations for Thursday Feb. 11
Insurance
s
Investing Companies
Bid
Par
Ask
Bid
Par
1
2.53
7.17
6.60
IV*
Affiliated Fund Inc
Series
B-l
30.99
Life
Aetna
Series
10
Corp
1
American Business Shares-
18%
2.74
•
Investing -10c
..
B-2
24.02
26.34
19%
Series
B-3
15.50
3.01
Scries
b-4
7.85
8.65
K-l
13.61
14.95
K-2—
—
13.16
14.52
Foreign
2
Stand Oil Shares
5%
—*
11.62
9.41
Axe-Houghton Fund Inc
American
Re-Insurance—
-3.31
3.68
American
Reserve
Bankers
American
Surety
5.53
Series
S-4
3
preferred
Industry
Fund
Boston
—
—
Fund.
Knickerbocker
3.27
5
Inc
14.25
Fund
Canadian
Ltd
12.76
13.99
1
Century Shares Trust
3.45
25.65
27.58
1
Fund
Chemical
9.34
100
Preferred
Accumulative
Series
& Forster
ACommon
'3.75
4.30
Trust
1
18.31
19.69-
Federal
Fund——_1
Mutual Invest Fund Inc
10
•8.93
"9.60
Fire
9.26
10.12
Fireman's Fd of S Fran new—10
Investors
Mass
Mass
2d
Investors
of New
City
Continental
..5
A7%
Bond
of
Assn
27%'
New
6.02
112
—
1
18.40
3.20
England Fund.
Shares
5.00,
43%
Xl6%
1.08-
1.19
Marine..:
.—.5
18.89
10.51
Fund
Stock
11.16
25.01
30
•
Mutual
First
15.47
16.65
Inc..
1.57
Fund,
5.71
—_——
5
4.86
10
Trust
Fundamental
Shares
3.30
Invest
Inc
10.40
6.26
1
17.68
19.38
4.14
4.96
•
3.81
B
General
Capital Corp
•
General Investors Trust
_1
27.91
4.36
4.70
Agricultural
5.35
Security New Haven—
Springfield Fire & Marine—25
Standard Accident——
.10
27%
96%
45%
48%
shares—
4.33
4.88
shares-
6.36
6.89
5.73
6.31
Automobile
Aviation
Chemical
shares
14%
30%
15%
73%
U S
35%
38
Jersey Insurance of N Y——20
V
Food
shares
General
Amer
Rid
Par
5.75
Trust
ctfs
1
£0 CO vJXJ
1
*
Plymouth Fund Inc
Putnam (Geo) Fund
10c
10
■
:
33%
35%
^—-100
Natlonal City———— —12%
1,335
1,305
31
First National of N Y.
%:
Ask
Bid
Par
Ask
19
18%
:
32%.;
31
183
W>
-
1.93
Public National
191
:
New York Trust
39c
44C
.1
12.04
•
32%
293's
17%
—
30%
Inc Shares
10c
5.60
5.65
Republic Invest Fund
1
3.18
3.57
*
82.06
83.72
Chemical Bank & Trust—
10
8.73
Continental Bank & Trust-
10
Companies
12.88
Bank of New York
,
——
'/a
Kings
County
—10
44%
46
69%
73%
—20
83%
86 Va
45
47
Morgan
15%
16%
New York
39
Lawyers
—:
common.
20
& Co.—
100
Manufacturers
-2%
8.00
1
3.67
;
Selected
Shares
Income
6.30
State St
7.69
8.45
Super Corp
Investment
of
Empire
5.56
6.17
;•
12.98
13.81
67.69
""l
AA
:
•
:
—50
—
(J P)
202
84%
192
81%
7
25
Title Guarantee & Trust
54
51
20
Preferred
4%
3%
12
72.73
•
Corp—
Amer
■
—1
Sovereign Investors—%.
Bpencer Trask Fund_"i—
—
Exchange Bank & Trust_20
Corn
1,165
1,215
23%
26%
39%
41%
51%
53%
40
—
Central Hanover
13%
12%
10
.100
—25
———
Ask
Bid
Par
Irving
320
100
Bankers
Brooklyn
310
_100
.
Ask
Bid
Par
shares-
5.27
Fulton
,—
—
1
Guaranty
—
100
150
165
100
278%
283%;
United
100
States.....
1,090
1.050
2.14
Merchandise shares-
4.53
4.99
*'!
Mining shares
4.92
5.42
Trustee
Petroleum
5.41
5.96
Trustee Stand Invest Shs—
<■
shares
ASeries
shares
2.73
•'».'
Stand
*'
•/.•V
;
-l"
'
3.27
3.61
;
4.03
4.44
Tobacco shares—
3.69
4.02
'•
v-
Shares—
Oil
ASeries A
;
Steel shares
1
4.85
—I
5.33
—.
shares
2.94
B-——
Trusteed Industry
Shares——25c
Series
Foundation
l
_
Fund
Common
15c
•
38c
68c
Series
27c
C
series A_—
21.54
23.54
18.30
6.04
———
1943
1943.
Mar 15, 1944
—
Jun 15, 1944
Sep 15. 1944..
j—
JSept. 15, 1944——
6.61
15,
Dec
16.74
B__—
1943—
15,
Sep
76c
3.25
United Bond Fund
Holding Corp—
Jun
h25c
.j
15,
—
U S El
10c
1.32
1.44
5
16,06
2.00
2.26
11.66
& Pwr Shares A.
13
JMar
%%
1945—.
15,
12.73
1%%
— ■
100
100.8
100.12
100.23
100.22
100.16
100.30
99.28
100.19
100.13
100.1
{Dec.
100.9 "
tMar 15,
100.13
JDec
%
1%%
1946—.1—
99.21
99.19
99.24
1
15,. 1946.
Axk
Bid
■•>77^.;-777::jnt. Rate
15, 1945—
—i
%%
Maturity—
Ask
:
99.26
100.13
100.11
100.24
100.23
of
Certificates
'
Indebtedness—
t0.65s May 1, 1943
100.18
0.37%
b0.41
——
b0.60
0.57 %.
t%s Nov 1, 1943...
b0.71
0.68'f'.'
100.21
t%s Dec 1, 1943-..—.
0.71%
100.15
t%s Feb 1, 1944
b0.74
b0.77
<■
101
99.30
t%s
1,
Aug
1943
;
——
0.75%
17.27
Independence Trust Shares—*
Lt
%%
1
%
%%
1945.
Mar 15,
Inc
%% '
1 Va%
1
%
lVa V,
1
%
1943—
'
-
Bid
Int. Rate
MatnrityJMar 15,
Trusteed Amer Bank Shs—
Class
32ds of a point
Figures after decimal point represent one^ or more
3.02
Equipment, shares.
1.93
D—————-1
/•'.
Quotations For &S. Treasury Holes
2.01
1'
'
A Series
ASeries B_———
Income
2.50
2.31
__1
6.67
AHuron
51%
86%
2.36
1
1958——
4.37
Utility
82%
1.88
1
Series 1955-
6.06
RR
32%
49%
-
shares
1953——
Series
—
Railroad
30%
4
10
—...
Guarantee
,
bond
Investing
442
5.99
Bond Trust
Amer
North
l 62%
,
432
New York Bank Stocks
.13.55
No
60
;
—100
Westchester Fire
u S Fire
37%
127
123
Fidelity & Guaranty Co._2
U S
48%
46%•
35%
10
...
279
269
■
5.72
Electrical Equipment.
Travelers
71%
America—10;
4.10
3.71
5.89
Building shares
62%
Seaboard Surety.—————10
9%
28%
24%
23%
9.81
—
Selected Amer Shares
shares..
5%
25%
29%,
93%
—10
Fire
6.89
8.92
Scudder, Stevens & Clark
%
Fund, 'Inc
Group Securities—
4%
24%
(NY)
'
Quarterly
30.01
2
Corp
Revere
8%
25%
—5
3.85:
2
33%
28'A
10
Fire
7.87 ;
__
Series
Shares A__2
Fundamental Trust
31%
7.51
Railroad equipment
8.43
A„,.1
16%
10
—
8.90
9.46
Series 1956-
Foundation
14%
6.29 *
8.09
equipment
Railroad
5.40
Fund
Trust
Fixed Trust Shares A
89%
5
-
1.73
Inc
Financial Industrial
43%
86%
'
10'
——:
Hartford
>!■&'
—100
Fidelity Fund
43
41
8
26.89.
29.38
41%
8.61
*
Steel
Equitable Invest Corp (Mass) >9
Equity Corp $3 conv pfd
1
97
10
5.41
7.83
Machinery• >«——'
Oils
17.78
Fund.
—.5
American
Insur Co of North
10.38
—v—-
stock—
Insurance -stock—__
Howard-
Balanced
& Republic—
Homestead
Metals
Eaton &
101
25
Republic
(Texas)—————10
(Paul) Fire.
10
18%
&
Hartford Steamboiler Inspect—10
8.70
5%
93 %
..10
-
Providence-Washington
45%
10
Fire
Hanover
6.45%;
11.59
•
26%
(
77%
11%
Globe
7.91
Building supply
5.60
25c
—
5
12.50
Reinsurance
Stocks Inc—
Electrical
2.50
D
Dividend
24%
4%
89%
•
29%
Great
5.84
Chemical
-
74%
10%
4.2d
10.75
Aviation
Diversified Trustee Shares-^C
2.50
...
Phoenix
28
6.67 m
Automobile
17.02
14%
Indemnity Co
Pacific
60%
5
5.75
6.05
Agriculture
1
13%
Pacific Fire—
42%
5
5.21
—
series
New York
Fund..
44%
5
St Paul Fire & Marine
priced bond series-
Bank
Delaware
x36 ;38
58%
Newark
Home
4.23
42%
River
40%
Fire
Gibraltar
118
28
•
31%
Northern
1.25
5.57
Preferred stock series—
.29:
23%
Fire—
Northeastern
17%
—10-
Phila
of
Franklin
3.79
series
common—10
100
32%.
—5
Casualty
North
22%
16
30%
General Reinsurance Corp.—8
1.14
.1
voting shares
3.17
National Investors Corp.
2.39
preferred
21%
10
York..
10
Firemen's
•
—25c
series B shares
(Colo)
1
Cumulative Trust Shares
80
25%
33%
2
10
567
Connecticut General Life.——10
Securities—
Natlon-Wide
2.00
10
77
547
8%
175
.—10
Casualty..
Preferred Accident
Income
shares
B
York
25
100
National Security Series-
& Forster Insurance—
Crum
New
10c
Low
100
Hampshire Fire
Maryland Fund Inc..
2.00
preferred
A8%
New
Camden Fire
2.39
.
Amsterdam
Brunswick—
8%
7.92
1
mod—_—
New
7%
7.20
_1
series
mod
AA
Series ACC
ACrum
'
1
AA
Series
55%
2%
Glens Falls Fire—
2.12
1
Corporate Trust Shares
53%:
New
4.25
33
31
Trust.
Consol Investment
-.25
:
10c
(Md)
3.91
Commonwealth Invest
50%
14%
Bankers & Shippers
142
137
13%
10.11
2,400
corn- .1002 300
Securities
Christiana
2.85
•
Ltd...
Fund
Inv
'
1
—
48%
'
7%
170
20
Fire
Union
61
59
Liberty...———2
10
Boston
—
4
10
—10 %
;
34.40
■
N Y
Fire
National
83.10
Common
15%
National.
81.44
24.37
Mfrs
&
National Fire
-
Manhattan Bond Fund Inc—
Bullock
14%
2%
of Newark
American
15.32
22.51
■
Broad Street' Invest Co Inc_ —5
69 %
47%.
8%
5
Assur
19%
33.71
Fund
Sayles Sec Fund
Loomis
5%
66 %
43%
7%
Merch
23%
18%
Equitable.
.10
Loomls Sayles Mut
u.%
22%
5
Alliance
American
Baltimore American
10
Shares
—10
American
5
'
Basic
72%
Merchant Fire
3%
5'/b
_
4%
Maryland
6.09
S-2
S-3—
4%
Nat Investing—
ACommon
A6%
Series
11.85
11.02
69%'
9%
Casualty
—1
Massachusetts Bonding...—12%
32%
12.77
8.55
Series
6Va
Series
American
Assoc
12.51
11.43
Agricultural
Ask
8%
Knickerbocker
17.04
Series
Holding
AAmerex
Bid
54%
30%
25
Aetna
28.27
.
52%
10
—10
Surety
5
Par
144%
Ask
Custodian Funds—
Keystone
2.78
.,
139%
Companies
Ask
Par
Aetna Casual &
Aeronautical Securities
Bid
10
f
„
Incorporated Investors
Institutional
Securities
Co
of
1.40
;
-1
Wellington Fund
77C
"Investment
85c
shares......
1.05
14.39
15.85
America... 10
19.50
-
Quotations For Recent Bond Issues
*,%
Banking
Corporations
1.15
>
21.19
A
Investment
:
Ltd—
Aviation Group shares—
Bank Group shares
Insurance Group
B
Investors Fund C
1
10.14
10.38
Blair
&
,
^
Co
1
75c
Bid
A First
Boston
Corp.
—10
13
104%
105%
14%
1962.
90%
91
99
99%
Empire Gas & Fuel 3%s,
Penn
Electric
3%s,
Obligations Of Governmental Agencies
Bid
Commodity Credit Corp—
%%
May 1,1943
XIVb%
Federal
—Feb
15, 1945.
100.2
100.3
100.4
100.6
2s
1 %s
Jan.
3,
—.—Apr
1, 1943
I, 1943
100.20
0.55%
100.9
tlVafo
tl%
Finance Corp—r
—.......July 15, 1943
Apr
....
15, 1944
100.24
Federal Land Bank Bonds—
4s
4s
.
1946-1944
1964-1944
3%S
3s
104%
1955-1945—
100.8
100.7
100.9
1,
3s
1, 1956-1946.
May
1956-1946
^
are
3%s, 1971
104 7
105%
107
,107%
tor discount at purchase
Ask
17,
24,
1943—
b0.37
3,
10,
—
1943
1943
-
0.28%
bO.37
1943
Feb.
March
100.26
0.28%
b0.37
-
0,28%
0.30%
1943————
b0.37
March
1943
bO.37
24,
Bid
March
0.28%
March, 17,
100.23
'
105%
——
0.30%
April
Ask
1943_
bO.37
0.30%
1943—.,
bO.37
0.32%
31,
7.
April
14,
bO.37
0.32%.
April
21,
bO.37
0.32%;
bO.37
0.32 %
bO.37
0.32%
bO.37
0.32%
1943,—
1943—April 28. 1943—
May 5, 1943..—
May 12,
1943—
104%
105%
105%
105%
—
1955-1945—.
3s Jan.
Housing Authority—
notes——Feb
1,1944
quoted
b0.37
Feb.
100.7
10419
104%
——
S
103
1972..——
3'/4S, 1956
Wisconsin Pwr & Lgt
108
Treasury bills—
March
U
3%s
;
100.16
1944—
1943 at 100%—
Ask
Bid
Public Service of Indiana
'•
Bid
100.13
Reconstruction
fc0.75
100.5
107 V*
Rates
Man 16, 1943
-
United States Treasury Bills
Ask
Banks—
Mar
,
Bid
Federal Natl Mtge Assn—
Call July 3,
Home Loan
2s
Ask
1972—
;• ^
Southern Natural Gas Pipe Line
2%s 1952.
Macy (R H)
*** ^
Ask
3%s, 1971—.
98C
Cent 111 Pub Serv
j,.
105%
U S Conversion 3s;
106%
106%,
U
107%
107%
Panama Canal 3s
Other
Issues
S Conversion 3s
•No
__1946
106%
1071«
1947
103%
109
1961
128%
130
fV
par
value.
sCash sale—not
bonds are
*
Odd
lot
sales,
b Yield
included in range for year,
subject to all Federal taxes,
price,
deliveryi r Canadian
Ex-rights, tin default.
d Deferred
x-Ex-dividend.,
y
AQuotations not furnished by sponsor or
issuer.
market;.
tThese
i
i
THE COMMERCIAL & FINANCIAL CHRONICLE
^Volume 157 r..Number 4151
633
'
it
A
Per
Foreign Exchange Rates
Doyle Machine & Tool
Dunean
of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
17( preferred (quar.)
Kodak Co., common (quar.)
FEB.
5
FEB.
TO
Noon Buying Rate for Cable
Country and Monetary Unit
5
Argentina, peso—
Free-
.297733*
.051300*
.051300*
Official
,
.909090
Free————,
—
Great
.051300*
Official
ft 4.035000
ft
'■'/
4.035000
.301215
4;035000
<
.301215
.205725
.205725
.909090
—
ft
ft ..•.205725
Class
—
HeCla
.898125.
.898125
.897500
,897500
.897500
3.227833
3.227833
3.227833
3.227833
3.227833
3,980000
3.980000
3.980000
3.980000
3.980000.
3.980000
B
3-15
2-16
1
$3
2-
2
2-20
2-
9
2-
9
Amer.—
$1.75
2-20
15c
3-15
3-8
40c
3-
3
2-20
4-
1
4-
1
I reduced U
(quar.).
25c
13%c
(quar.)„_
Mining
3-
2-15
2-1
3-
1
2-15
3*
1
2-15
50c
common
(quar.)
5
2-17
3-
1
3-
1
2-17
50c
3-
1
2-15
25c
Co.
(G.)
3-20
75c
(quar.)
3-30
50c
preferred
(quar,)
(quar.)
Co.,
3-20
k
40c
6%
Co., class A
(James)
Heilman
2-25
2-15
25c
3-15
2-15
25c
>:■
87(4c
(quar,t„
(quar.)_____
Brewery
class A
(quar.)-ft,
3-
37(4c
Hollinger Consolidated Gold Mines, Ltd.— ' i
Monthly
2-27
3-15
25c
Hobart Manufacturing Co.
;
3-31
2-15
Haverty Furniture
3.227833
pound
;
Union of South Africa, pound_i—
Uruguay, peso—
'V'
Paper
preferred (quar.)_...
Hart-Carter, convertible preferred
.909090
.909090
.909090
of
'7%
.205725
.205725
Oil
Hanley
.301215
.897500
New Zealand,
Hancock
1
.205725
.909090
.909090
ft
"
.301215
5
3-15
'
; Hammond Instrument,
J
Co.
(quar.)..i_^^...^,ft
Engineering Works (quar.)
Northern
4.035000
4.035000
•.301215
ft"
Tea
preferred
Lake
-
.301215
——
—
.572200*
.572200*
4.035000
5
3-31
•
2-
$1.25
Pacific
&
Hammerinill Paper
.572200*
.572200*
2-15!
2-
2-15
$1(4
(irregular)
Greyhound Corp., common
5(4% preferred (quar.):
.900000
$6 pfd. (accum.)
2-18
2-15
3-
(quar.).17(4c
(quar.)4ftft..,.ft_.
37(4c
44/1000th share of common stock
Mills, $6 preferred (accum.)
Atlantic
7 7c
.909090
.900000
(quar.j.
or
Great
.051300*
.909090
.572200*
ft___l_
common
(Julius), common
Common
.060586*
.060586*
.900000
3-15
1
,
.237044*
.909090
.900625
3-31
1
3.228000
.051300*
.909090
.900625
.572200*
Colombia, peso
—England, pound sterling-i—India (British), rupee-—
Mexico, peso
Newfoundland, dollar—
.909090
.900078
—
60c
(quar.)__
1
Great
Canada, dollar—
5
3-20
3-
Cash
$
.237044*
.060586*
.060586*
.051300*
Official—--
.060586*
3-
3-
:
.060586*
5
1
1
3-
Gosnold
.297733*
3.228000
3.228000
3.228000
3.228000
3-
44-
25c
Feb.11
$
.237044*
.237044*
.237044*
>
3.228000
;
cruzeiro—
common
convertible preferred
General Shareholding Corp.,
.297733*
.297733*
.297733*
.„
12-21 ;
75c
57d
$
$
$
ft
.237044*
——
pound
Australia,
Brazil,
'
■
.297733*
Official
1
$13,4
Garfinckle
Feb.10
Feb. 9
4-
Corp,, Ltd
25c
Gallaher Drug, 7 7c preferred (quar.$134
7 Vr
participating preferred (quar.)_„_
35c
Transfers In New York
Feb. 8
$1(4
2-17
2
$1(4
77c preferred (quar,):
Value in United States Money
Feb. 6
Feb. 5
1-
Famous Players Canadian
1943, INCLUSIVE
11,
Paso Natural Gas,
2-27
$l3i
(quar.)
Controller & Mfg
Ely & Walker Dry Goods,
1930
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
FEDERAL
BY
CERTIFIED
RATES
EXCHANGE
El
of Rec.
25c
preferred
Electric
different countries of the
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the
world.
We give below a record for the week just passed:
FOREIGN
67c
Holder*
Payable
(quar.)
Mills,
Eastman
Pursuant to the requirements
When
share
Name of Company
2-15
1
'ft'*
Noncontrolled—
•Nominal
.658300*
.658300*
———
.528025* ■,ft
.528025*
—«—
:
f
rate
■•
2-11
$5c
2-25
25c
3-
25c
3-10
3-
50c
3-10
2-26
40c
3-20
!' 3-
5-
i
,
Holt
.528025*
.528025*
...,528025*
,528025*
.658300*
.658300*
.658300*
.658300*
(Henry) $1.80 class A (accum.)
Interstate Hosiery Mills (quar.)>_„,x-.ft_-,„ :
Intertype Corp. (irregular)!
Jaeger Machine Co.
4
Jewel
Controlled--
4(47c
Co.'
common
preferred
3-15
25c
(quar.)
(quar.)
2-13
•
—
Tea
■
5
Sl.OGVft
•
1
3-1
1
6
4-17.,
'
K
W
Battery Co.
(quar.)
'
;
Kansas
grouped in two separate tables. In the
bring together all the dividends announced the
Dividends
first
be found
Below will
preferred and
common
ing tenders, and the page number gives the location in
were given in the "Chronicle."
'
Date
,
5%
1951——Mar
1
capital stock—-————Mar
1
Refineries, Ltd.,
Atlantic Sugar
Automatic Products Corp.,
4%. bonds due
•,'ft'ft
Central Illinois Electric & Gas Co.—
,
Central Indiana
1957
due
Central
Gas Co.,
—
Pacific
————Mar.
1st
-
Community
Service
Public
1st
Co.
1964
due.
Connecticut
series
A,
due
Collat.
trust
1st
1961—
Title
Consolidated
Co.,
Power
67c
f.
519
1
1 ft $2096
26
10
15
128
*
*
15
V-
1
.
r
American
217
519
Class
520
ftftftftft..,,
I
$2128
1 .ftft 520
Artloom
•Atlanta
Atlas
VU 7c- sinking fund debentures
67o
6%
——i—_Mar
—Mar
Atlas Tack
1
-Mar 22
477
1st mtge. s. f. bonds, .ser. B; dated May 1, 1930—Apr
——————
Qhio'Oil Co., 67c
preferred stock—;
Oklahoma Natural Gas
—-
Omaha & Council Bluffs Street Ry.— • 5
1st consol. mtge. gold bonds dated Dec.
1st mortgage
S.
Finance
f. 5 7c
Corp.
,
.
Power Co.,
Reliance
Steel
Corp., $1.50
Mar
Richmond Term. Ry.,
Ritchie
1
477
1
557
—_____Apr
stock
—Mar
1st mtge. 6 Vis, due 1948—Mar
Rochester & Lake Ontario Water Co., 1st 5s, due 1951—Mar
Catholic Episcopal Corp. of the Diocese of Lon¬
(Ont.)
1st mtge. bonds, series A, due 1954
Mar
Co., San Francisco Terminal, 1st mtge.
bonds
1
477
1
1
558
1
558
1
1
1
*
;
Pacific RR. 1st ref. mtge. bonds
Strawbridge & Clothier, 1st mtge. 5s, due 1948
Walworth Co. 20-yr. 67c debentures, due 1955-
1
558
26
Feb
26
173
173
Mar
1
*
Apr
1
$1872
1
480
1
560
issue.
$In
volume
156.
$50c
3-11
3-
$50c
6-11
6-
3
9-11
9-
3
3
12-3
12,11
2-17
2-27
25c
(quar.)_(quar.)„
(quar.)—
preferred
1
3-15
25c
3-
5
2-20
50c
3-15
2-20
3-
4-
62(4c
—
'
•
——_
(quar.)—-
Manufacturing &
Ludlow
Manischewitz
Marion
7%
(B.)
Mapes Consol.
1
2-11
15c
3-10
2-19
30c
3-
1
2-23
$134
3-
1
2-23
$2
$134
3-15
3-
4-
1
3-19
4-' 1
3-15
2-15
2-
3-
1
2-15
3-12
2-26
$134
Mfg.
Mfg.
:
preferred
(quar.)
Co
)
—
Sales Co.
(quar.)-
(quar.)
50c
.—ft
:
———
May Department Stores Co
(quar t
preferred
ft.
$1(4
—
75c
—
-
.
4 7c
pfd.
ctfs.
4-
$134
(quar.).
of
*■
beneficial int.
(irreg.)^..
-
.
'
$1.80
3-15
57c
1st
preferred
3-
3-31
2-
1
1
Class
(quar.),
Midland
!
■
Stores,
57c
(quar.)
Broadcasting
;;.i
2-19
3-
2-19,"
40c
3-15
2-25
3-
2-15
Cork
Can
Co.
Casualty Co. (Chicago)
(quar.)
& Seal, $2.25 pfd. (quar.)__
Mfg., 7 fc pfd. (s-a)
Crunden-Martin
pfd.
(quar.)
Dictaphone Corp., common (irregular)
8% preferred (quar.)
Ltd., com (quar.)
5% pfd. (quar.) (payable in U. S. funds).
Dominguez Oil Fields (monthly)
Dominion Envelopes & Carton—•
Douglas (W. L.)
(quar.)
Shoe, 80c
:
A
3-18
2-15
(quar.).ftft
ft
conv.
2-26
2-3
2-2
$1(4
50c
3- 1
2-20
prior pfd..
25c
$2
3-12
3- 1
;
2-27
3-1
2-11
2-11
$55(4c
$1(4
3-15
3- 1
5-1
4-15
25c
2-26
2-15
3- 1
SI(4
20c
.
;
Coated
Co.
Brake
3-24
1
3-25
1
3-15
ft—
class A
Corp.,
"
50c
——„'
4(4%
(quar.)—
:
:
(quar.)———
——
(quar,)—————Pittsburgh Coke & Iron—■
$5 convertible preferred (quar.)__—____
Pittsburgh Suburban Water Service Co.—
$5.50 preferred (quar.)
—
Pittsburgh, Youngstown & Ashtabula Ry.—
preferred
4(47c" preferred
(quar.)—
ft——
(quar.)
& Chocolate
3-12-1
2-15
2-
6
2-
1
1-20
3-
1
2-19
50c
5-15
11-15
$1
50c
.
1
2-15
3-25
2-20
;
$$134
$1(4
$1(4
8-16
5-
1
8- 2
11-
1
(quar.)_
America, $3.50 1st pfd, (quar.)
$5 cum. preferred B (quar.)
;
Republic Petroleum Co., 5 To pfd. A (quar.) _
Roxy Theatres, $1.50 preferred (quar.)
Royalty Income Shares, series A
St. Joseph Lead Co.^.
—
Sheafier Pen Co., common (quar.)——
1
2-17
3-15
2-11
3-
3-
1
2-
9
3-
1
2-20
50c
58(4c
15c
30c
$1(4
37(4c
3-
1
2-20
3-
1
2-20
3-
5
4-
1
3-18
4-
1
3-18
3-
1
2-10
12(4c
2-25
1-28
1-26
4-
1
3-15
4-
1
3-15
4-15
3-22
$1
$1(4 *
$1
40c
75c
3-10
2-25
4-15
3-29
4-15
3-29
$1(4
S1.06V2
5-
1
4-15
5-
1
4-15
50c
4-
1
3-15
$1(4
3-
1
2-18*
$1,37(4
$134
2-15
3-
1
2-20
$2(4
4-
1
3-15
3-
8
2-15
3-31
3-
8
87(4c
4-
1
3-
5
$1.25
6834c
37 (4c
23c
50c
4-
1
3-
5
2-15
2-
5
3-
1
2-15
2-25
1-31
$1(4
3-10
2-26
50c
2-25
2-15
25c
2-25
2-15
tl5c
5-
1
4-15
t$l34
—
:
Extra
3-
41%c
2-20
50c
c
$5c
„—
•Radio Corp of
4-
1
3-15
of Canada—
(interim)
preferred
2-13
3-16
$1(4
——
—
Phoenix Insurance Co.
7 "c
1
1
Electric—
7%
Common
2-13
3-
3-
■■ft'. 4- 1
50c
50c
(quar.)—
—.
Sherwin-Williams Co.
8
4-
Paahau
Nut
2-19
2-23
3-
4-
6%
preferred
1
50c
—„———
(quar.)
Extra
3-10
20c
(quar.)
Co.—
&
3 rftt
3-
(quar,)————50c
(quar)-.
Water
ft*..
50c
(quaift)—
Paper
Planters
2-15
2-13
1
4
Proprietary Mines, Ltd. (interim)
Public Service Elec. & Gas, $5 pfd.
1
1
3-18
4-
3-15
3-
3-
ft. 3-
2-25
3-15
1
.
6c
3-15
30c
3-
1
$1.75
preferred
7%
4-
$1
$1.50
3-31
56(40
$3(4
■
—_ —
(quar.)———
—
vNorthern Natural Gas Co. (irregular)—
Ogilvie Flour Mills, Ltd.—
7To preferred (quar.)— ft——ft—_
Ohio Oil Co. 6% preferred (quar.)
—
Ohio Power Co. 4(4To preferred (quar.)-—.
Ohio Public Service 5% preferred (monthly)
V:
2
———
50c
$$1%
Distillers Corp.-Seagrams,
preferred
1
3-15
25c
(quar,)_
(interim)
Dayton Power & Light, 4VsVo
Diamond Alkali Co. (quar.)
62(40
25c
v
"V',. '
;
preferred (monthly)—-———i—
preferred (monthly)
Sugar Plantations (quar.)———
•/' Paramount Pictures, Inc., common (quar.) 2-15
6% 1st preferred (quar.)
——
VParker Rustproof Co
—ft—
—ft—
2-15
Pocslee-Gaulbert Corp.
(irregular)——
2-15
Pennsylvania Water & Power—
V
2- 1
Common (quar.)—--——:
—
2- 1
$5 preferred (quar.)—————,
2-20
Peoples Gas Light & Coke, (quar.)—.——
2-15
Phelps Dodge Corp.———
;
3-13
Philip Morris & Co., Ltd., common (quar.)_
3- 5
:
2-18
Co., 6(4 pfd.
&
Hundred
A
$4
30c
—
Air
Northeastern
2-20
:
York
Class
l
Connecticut
2-26
—
Standard
Class
3-
5
30c
Corp
Gummed
Nineteen
2-20
class A
$134
Nebraska Power Co. 7To
preferred (quar.)$134
6To preferred (quar.)—
—
$1(4
Newberry (J. J.) Co. (quar.)
60c
Newmarket Mfg. Co. (irregular)
$1
New Britain Gas Light (quar.) ft'--—\ 37(4c
New
1
System,
Wheel
National
3-
—
—ft,
(accum.)
(quar.)
Cylinder Gas Co.
National Folding Box Co
-
2-20
3-
3-20
v
National
(quar.)62(/2c
1
3-10
3-31
(Philip)—See Philip Morris.
Nashua
25c
preferred
3-
81(4c
—
Corp.,—
Motors Acceptance.
1-15
2-15
2-15
35c
preferred A (quar.)—ft—
preferred B (quar.)_—
Tdwing Corp, (irregular)
'Motor
■
T-30
*
7 To
6To
.
1
1
—_
$2 convertible preferred (accum.)
Mississippi Valley Public Service Co,—
Moran
2-25
.
Oil
3-
3-
v;
,
2-27
B
Continental
31(40
10%'c
(quar,)—
participating preferred (quar.)
Thermit, common (irreg.)
Common
3-15
_
Shares
&
$1.50
$1.37(4
(quar.)
preferred (quar.)_,
Michigan Sugar, 6% preferred
30c
Trust
Common
77c
2-15
3- 4
75c
$3c
(quar.).—
■*.
40C
30c
(accum.)—_
$3.25
Counties Gas & Elec.—
Collateral
Crown
3-15
2-15
75c
.ftft.w-.ft
Hill RR. (quar.)
Chicago Corp., $3 preferred
City Ice & Fuel Co.__.^
Ltd.
;
..
A
4
Corp.—
7To
3-15
1
3- 1
Liquidating payment ——$5
Surety & Insurance (Mo.) (quar.)...
40c
Breweries,
4-. I*
;
-
preferred
cumulative preferred B
Textile
6
'
common———15c
cumulative
Metal
2?20
3-10
3-10
3-16
2-16
2-17
2-20
2-18
2-10
2- 3
3-18
1-30
:
2-15
^ 2-15
2-11
V 3- 1
2-15
2-15
2-15
3- 2
3-15
■
3-15
4- 1
60c
ft
Central Coal & Coke—
Mead Corp.,
$5.50
4- 1 v 3- 12-19
3-15 :
2-27*
3- 1;;
2-11
preferred B
Continental
West Kootenay Power & Light Co.,. 1st
mtge. 4s, ser. A„Mar
this
,
.
6%
171
Massachusetts Theatres, Inc., 1st & ref. mtge.
bonds, series A, due 1959
1
Mar
in
$1(4
$14
,,
6%
Central Arkansas Public Service—
558
Western
•Announcement
A
Community Public Service Co
Power Co. (quar.)
Continental Assurance (Chicago)
558
3- 1
3- 1
3- 1
3- 1
2-20
2-10
•
25c
3- 3
Columbia
Feb
Southern
5
3-20
1
2-17 '
_
Casualty Insurance (Tenn.) (quar.)_
Stores, Inc., common <quar.)
Morris
4- 1 ;■
(Wm.)
Colonial
Southern Pacific
67c
41V4C
$ 1V2
Sl3.4
$$2V2
10c
Co. (annual)—
,
$4
Mills, common—
25c
preferred A (quar.)—ft—%V/z
■
477
Feb 20
Roman
don
:%.
3- 1
4-1
4-1
;■:
Carthage
Coast
1st mtge. 3 %% bonds, due 1965—Mar
Cut-Stone Co., Ltd.,
class
Coast
—Apr
17o
2-19
4-1
3-1
*
——Apr
&
Metal
3-5
3- 8
«4- 5
(quar.).—50c
557
1952
stock-—.
preference
$2
1
57c pref. stock—
1st preferred stock
Co., preferred
3-10
25c
50c
-
due 1961—Mar 10
1st lien & ref. mtge.
series A 5J/2 7o s. f. gold bonds, dated Sept. 1, 1925—Mar
Public Utilities Consolidated Corp.—
4-5(4% bonds, due 1948—
Apr
Mfg.
.
,
20c
———-
Extra
:
Life
$6
2-15
1-29
1-29
2-15
2-19
3-12
2-15
2-15
Corp.————
Chestnut
Pennsylvania Gas & Electric Co.
Reliance
3- 1
2- 1
2-1
3- 1
3- 1
4-1
3-12
3- 1
Brooklyn National Corp. (liquidating)——.
$8
2- 3
Buffalo Forge Co.
(irregular)-,—.ft.-ft_--ft__
45c
2-25
Buell Die & Machine (quar.)
2c
i 2-25
'/Bullock's, Inc.
ft_ft___—50c*.V : 2-27
Canada Foundries & Forgirigs, class A (quar.)
$37J/2C
3-20
Canadian Bakeries, 5(F preferred (quar.)—
;$$1(4
3- 1
Carman & Co., class B
———25c
„
3-1
557
-
bonds, due 1952
5s, due
$15c,
15c
87(40
S4.64
$134
$1(4
25c
75c
.
1, 1902—Feb 16
■
4-
2-23
(accum.)—.
preferred
Mercantile
Co.
3-
3-15
10c
$$l
$2.50 preferred
D.)
.*
2-26
62V2C
-
(accum.)
Lexington Water 7% preferred (quar.)
■7 Lincoln
2- 4
2-4
Central
mtge. ser. A bonds,
1st mtge.
•
2-15
2-15
50c
Border City.
T-'- 50c
Borg-WarnerCorp
;
40c
Boyertovm, Burial Casket (quar.)25c
Bright (T. G.) & Co., Ltd. (quar.)
$$1.50
Bristol-Myers Co.
(interim).—::
ft—.—
40c
557
of Calif.,
Paramount Pictures, Inc.,
Parr Shoals
*
•'
Corp.
Products
preferred (quarl)———
6<:c pfd. (quar,)
77o
preferred (quar.)
:
—Bank of Nova Scotia (quar.)
Beau Brummell Ties, Inc.—.
'Belknap Hardware & Mfg.———_
('Bird & Sons, 57c preferred (quar.)—Blumenthal (Sidney), 7% preferred (accum.)
Borden (Richard) Mfg. (irregular)—
1
-—.-—Apr
Water Co.—
Pacific Electric Ry., ref.
Pacific
557
Mar 15
v'
1st mortgage 334s, series B, due 1955—
&
L;
—
Co.—
1
.
convertible
$1.65
7.%
———Mar
Light,
Bangor Hydro-Electric,
►
v
4s, due 1957—————
1st mortgage
Ozark Power
bonds, due
—
Nova Scotia Light & Power Co., Ltd.—
.ft
:
50c
common
Automotive Gear Works—
Carter
Northwestern Barb Wire Co. 1st mtge. 5ViTc
2-15
2-26
3-13
$50c
Salt
3-20
15c
$50c.
(H.
l
2-25
3-13
(accum.)
Leslie
1-27
50c
—
preferred (quar )
—
6% preferred (quar.)—
„!
—
Corp., 7%
Gas
Corp.,
Automatic
476
476
1
'
A—-ft-
preferred (quar.)-----———-—
Atlas Press Co. —'
.
1st mtge. s. f. gold bonds, ser. A, dated May 1,1930_Apr
1945
476
476
1
l
class
Corp.,
—————
2-15
10c
.
6%
-—
Kentucky Hotel, Inc., gen. mtge. 6 7c bonds
——Apr
6
- *
Lebanon Gas & Fuel Co. 1st mtge. 5s, due 1956—
Mar 1
166
Lehigh Coal & Navigation Co.—•
4
)■/
; ■•,'('!"
Funding and improvement mortgage 47c bonds—
Feb 15
554
Lehigh Valley Coal Co.—
".ft*. ;\"\Y
'4 -"S- ft-.'ft/ftY/A
1st and ref. mtge. 5To bonds, due 1944_
.——Aug • 1
$2040
Lincoln Mortgage Co., 5 7c income debentures, due 1948_Mar
1
554
Los Angeles Pacific Co., 1st ref. mtge. bonds, due 1950—Mar 10 ft ft/ft* >
Metropolitan Edison Co., 1st mtge, 43/2S, ser. D, due 1968-Mar 1 '
476
National Distillers Products Corp — Yft''-■**.■-/■---ft r- • '-..ft ftvft
Piano
B
'
,
,
Securities—a
Investment
Anglo-Canadian Telephone, class A (quar.)Animal Trap Co. of Amer., com. (quar.)—
7%
preferred (quar.)————
."ft
Arizona Power, $6 non-cum. pfd.
t'irreg.)—
1
4% bonds, due 1960——:———Apr
Co., 1st mtge. 4s, ser. A-Mar
Finance Co. of America at Baltimore—
4% notes, due 1947
!
—-r
Mar 10
552
Florida Public Service Co., 1st 4s, series C, due 1955—-Mar 15
*
Fox Spokane Theatre Corp., 47r modified bond?, due 1948-Feb 20 ; , ,- 4 *
Gar Wood Industries, Inc., 57c. preferred stock——-—-Mar
1
553
Gas Co. of New Mexico 1st 6^s, due 1944——-—Mar
15
$2130
General American Investors Co., Inc., $6 pfd. stock-—Feb 27
473
Goodrich (B. F.) Co., 1st mtge. 4 (4 s, due 1956
Mar 15
: • : *
Graton & Knight Co., 1st 4%sf* due 1951-—-.
—Mar 1 ft/ft 553
Great Northern Power Co., 1st mtge. 5s, due 1950---—Mar 11
*
H. & G. Realty Co. (Miniger Bldg. )—
■
-.-4; 4,;
1st mtge. & leasehold bonds, dated 1924
———Mar 31
*
Hajoca Corp., preferred stock
————-^-Feb 15
ft)
*
International Paper Co. ref. mtge. 6To
bds., ser. A,
,
due 1955
Mar .'4'ftftft/ 474
1st mortgage
East Greenwich Water Supply
10-year convertible 3V2To- debentures
National Light & Power Co., Ltd.—, '
Lee
4-
1
15c
(accum.)
Co.
3-15
40c
convertible preferred
Leath &
3-
1
25c
•':
Lanston Monotype Machine Co
;
3-15
4-
$1VV
$1.75
•
American
1
1951——Mar
Cudahy Packing Co., 1st mtge. 334s, ser. A, due 1955—Mar
Cumberland County Power & Light Co.—
ft';ft*.*:,ft ft/'
7-year
share
Co., $6
6iv
3-151;
■■
convertible
7%
pfd. (quar.).,
Co.—-———-
Water Service
439
;
Mar
343
33i% bonds,
————Feb 15
due
77 1 To
When
Holder*
Payable of Rec.
;
mtge.
income bonds,
Per[
'■
ft
(accum.)——
convertible preferred
convertible preferred
77c
Corp. —————-..-J--——Wft-
Crafts
Alabama
-
Corp.—
s.
Lamson & Sessions, common—
$2.50 preferred
(quar.)„
Langleys Ltd. 7% conv. preferred
2c v. 3- 1
2-15
$1V«
3- 1
2-20
Allis-Chalmers Mfg.
25c
3-31
3- 8
Alloy Cast Steel Co. (quar.)
50c
2-15
2-10
American Car & Foundry—
/.ft ftftft,'/ -'ftft...ft. ft ftftftft ft*
ftft 7% non-cum. preferred (accum.)—
$8.29
2-23
2-15*
Pending a court decision $1.04 is to be withheld. ftftft'ftft'ft! ft
American Central Mfg., 4% conv. pfd. (quar.)
50c
4-1
3-20
v
American Fork & Hoe, common
25c
3-15 .
3- 5
6 7c
preferred (quar.).
.
—_——
$1V'2
4-15
4- 5
American Gas & Electric, common (quar.)—
40c
3-15
2-17
43/4% preferred (quar.)—'——~—;—:
$1.183A
4-1
3-8
American Investment Co. of Illinois—!__.—15c
3- 1
2-15
Aero
437
438
518
bonds
4 7c
mtge.
.
River
!*'ft:''**
Name of Company
ref. & impr. mtge. 57c bonds,
—
:
2-
1
•
ref. mtge. bonds———-—Feb
Citizens Water Co. of Scottdale, 1st 5s, due 1953—-Mar
Cleveland Tractor Co., 57c debentures, due 1945——Mar
Commonwealth Utilities Corp., 1st mtge. bonds, series
of 1926
——w———
—Feb
Ry.,
77;,;.
...
debentures, due 4943-1944_i————-Mar
3Vi 7>o
show the dividends
we
77c
*
& Sons Co., 5%> notes, due June 1, 1947—Apr
1
Burlington Mills Corp., $2.75 cumul. conv. pfd. stock—Mar 1
Cassco Corp., 1st mortgage 6s—
-r-r-—Feb 16 1
Avery (B. F.)
1
"
,
Keith-Albee-Orpheum Corp.— ,
77< convertible preferred (quar.)
4-2-ft
Klein (D. Emil)
(quar.)--———
i—Knudsen Creamery, 60c preferred
(quar.)—
Kress iS. H.) Co. common
4—ft—— ftC*ft-2
6% special preferred (quar.)—.
——
follow with a second table in
The dividends announced this week are:
*
$2303
Mar 10
we
declared.
Page
:
collateral trust bonds, due 1959
Then
which have not yet been
which the details
Company and Issue—
week.
previously announced, but
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
which
under sinking fund provisions.
The date indicates the redemption or last date for mak¬
including those called
Atlantic Gulf & West Indies SS Lines,-—
are
4-
$1 (4
:
__„w
.
called for redemption,
stocks
we
current
list of corporate bonds, notes,
a
Electric Power, 5 % pfd. (quar.)
Kaufmann Department Stores—
v*
5%* convertible pref.
(quar.)—
'ft 2-15
5c
(quar.)
(Continued
on page
638)
THE COMMERCIAL & FINANCIAL CHRONICLE
634
GOVERNMENT
Listings On The New York Stock
Exchange For The Year 1942
listed
the
on
Stock
York
New
Exchange
for
•
total
The
of
so
more
restrain the floating
and tended to
markets
securities, which ultimately find their way to
new
Other influences which hindered
Exchange.
Stock
marketing of new securities were the sale of large
the
gilt-edge bonds through private channels, fi¬
blocks of
A
-
A/A
Securities
United
Total
.
16,788,572,200
6,853,885,700
10,309,200
•2,838,421,350
2,848,730,550
87,519,930
2,581,369,900
2,668,889,830
329,931,700
3,754,989,275
311,739,500
-A 186,990,700
2,682,944,320
4,084,920,975
2,994,683,820
5,706,005,275
——-
-
1936—
-
__
1935
3,675,639,050
6,270,129,450
2,938,224,000
2'',o
following
tabulations
give first
foreign corporations per
We
purposes.
the
undertake
we
or
of
of
in the
Banks
serve
are
1st
1st cons.
1st
1995—
92,409,775
52,644,916
4s, series B,
AND LISTED
STATES
ON THE NEW
IN THE
STOCK
YORK
UNITED
mtge.,conv. inc. 5s, 2014
-BONDS—
EXCHANGE
These
basis.
guaranteed
a
on
classified as
are
Public
five years
and
carry a
Public
Miscell.
Railroad
money
getting the necessary funds through
stock
and
listed
■'
the Exchange.
on
cation
1938—
6,741,900
3,297,000
Railroad
listed
securities
during
27,904,000
782,841, entirely due with the exception of one bond
of $14,737,000, to reorganizations, principally the
Erie RR. and the Wabash Ry.
The latter two roads
of stocks and $237,584,941
in bonds in exchange for old securities.
Like 1941 there were no listings of securities of any
foreign or Canadian companies during the year.
The following tables embrace the record of aggregate
corporate listings for the last 10 years:
a
total of $121,888,800
CORPORATE
LISTINGS ON NEW YORK STOCK EXCHANGE
£2^9 A/'\
1934—
•Bonds
Now Listed
Capital, Etc.
1942—_—
$199,239,500
369,334,643
73,693,000
1941
1940—
$492,196,541
1935
OPERATIONS
ISSUED
FOR
OUTSIDE
UNITED
Railroad
STATES
and
Utilities
Public
Miscell.
Railroad
Utilities
Miscell.
Stocks
1942——
1941
1938
150,007,243
—
1933—
1,874,700
the 1942 total, $199,239,500 was for new capital as
against $369,334,643 in 1941 and $492,196,541 for refund¬
ing purposes as compared with $743,911,957 in 1941. Of
the total bonds listed, railroads accounted for
$265,894,041, public utilities $210,588,000 and industrial and mis¬
cellaneous
aggregated $214,954,000.
/•/.yy,-
....
»Food
A-;'
>
$67,284,590
industrial
and
as
stocks
(the smallest in several
pared with $505,001,996 in 1941.
360,515,677
104,993,864
485,147,595
478,655,761
which
1937——
407,310,983 A
177,688,367
140,611,600
:
1933
05,509,543
:
old road:
eral mortgage income 4s
•Total
-
Total Bonds
Issued for New
Old Issues
& Stocks
Capital, Etc.
Now Listed
1942
$360,851,579
$5,244,688
$655,568,417
519,341,886
86,113,945
1,097,271,851
$1,021,664,684
2,702,727,682
133,795,549
44,717,892
117,319,144
1,042,081,856
1,220,595,297
1,099,148,506
1,499,652,695
440,809,787
693.268,789
1,692,887,096
1941
&
1940
—
283,185,045
558,808,520
703,096.986
1939-i,
1938
Replacing
Old Securities
and Stocks
r
2,310,956,675
3,078,720,862
1936
251,732,947
3,427,475,715
510,033.866
4,189,242,528
1935
336,414,111
1,071,717,468
278,363,864
1,686,495,443
1934
420,159,221
257,197,385
128,799,608
815,156,214
108,751,530
1933—
182.794,441
81,591,343
373,137,314
•Government issues, foreign and domestic,, not here included, shewn
separately.
1937
64.667,201
'
Note—-Applications for the listing of trust company receipts and of
securities marked "assented" (if preparatory to reorganization), or of
securities stamped
"assumed"
or
"assessment paid"A~the securities
themselves having
previously been listed—are not included in this table.
following
classify the figures so as to indi¬
cate the amounts under each leading head, namely, rail¬
road, public utility and industrial and miscellaneous
companies. This table shows at a glance the volume of
bonds and stocks listed during the last 10 years by each
of the different groups mentioned:
we
-EONDS
Public
Railroad
Utilities
Miscell.
Public
years),
as
com¬
Railroad
Indust. &
Utilities
Miscell.
Public
utility bonds listed during 1942 footed up
The principal issues listed were: $80,000,-
214,954,000
$
121,888,800
$
67,284,590
141,055,253
1941...
75,580,200
586,084,900
451,581,500
55,073,067
29.406,019
505.001,996
1940...
380,529.800
115,825,200
363,724,620
63,938,100
43,204,727
233,372,850
1939...
62,263,500
543,823,100
408,418,500
1038...
50,717,000
816,951,000
346,563.335
1937...
205,417,700
943,589,000
394,804,265
183,538,617
73,460,110 1,277,911,170
4936
621,142,9001 ,165,253,000
989,572,370
39,500,755
68,364,061 1,305,409,442
1935...
155,220,000
214,749,000
559,639,680
6,694,537
748,192,226
1934,..
165,559,100
44,539,500
19,230,900
1033...
113,725,100
4,081,800
22,989,125
listed for the past 10 years:
94,548,825
390,598,770
253,059^49
225,596,412
5,720,737
218,400
or
580,105,977
15,120,242
217,002,647
authorized to be
.
1
'
.
,,
>
«:'^li
'
^
;
"
The
principal issues/listed
Products Corp. and
stocks
the
Schenley Distillers Co.
one
'
were
issued
In
the
stock of Third Avenue Transit
industrial
during 1942.
1-
,
corporate purposes
j
Y'.'
v ■ •
r /;
for 2%'/o. notes
.
and
Corporate purposes'
..
Pay bank loans
/, v-'AA;/
Refunding, new capital
' / /'.:■/ •/•/ ••,
/A////:";
15,000,0.00 Capital expenditures
.
..
'
$214,954,000
DURING
LISTED
STOCKS
(200,000)
Total
'
on
'
Issued
f
Amount
5'b
pref.-
Lines,
Inc.,
-
*
Purpose of Issue
.y//
Old stock just listed
/
*
4'
>
39,500
Conversion of pref. stock
■■
■■
26,000
Acquisition
Old stock just listed
General corporation pur-;
poses /;•■ V'./"■;/•/• yy;/.' y
Old stock just listed
y1);
•
/y/y/'1/
■•/•'/'-AyA
*2,500,000 .Corporate purposes
; I ,
'354,900
26,750
/A
/
366,000
.
Co. common—
Mills Corp. $2.50
(50,000 shares)-—
/.Bush Terminal Co. 6%: pfd,—z.
Burlington
.preferred
/
1,409,500 Old stock just listed^^^
;.A /
"/ ••//
•
Celanese Corp. of America:
Common .(240.320 shares)--.
con¬
,
*
common
:/r•//•'•
Buffalo Forge
•
'
-
■/■
Aircraft Corp.- common^s-
/,/
••
i
—r
Aviation Corp.
etc.
--fy'/'
■ i
'
American Home Products Corp,
Bendix
'
Refunding, working capital
Acquisition
• " :
,
480,000
Leather Co.
coitinioq//>.■.■»■ j■■ »■1 /'
:
-
>
•
,
.
—
common
^Bell
•
v
5,18p,000 yAcqui5ition■•qJ1
Distilling Co. com../
common :
■
?
STOCKS LISTED DURING 1942
$3,000,000
315,000
pref.—
&
.
reor-
I:/- '
Issued per merger plan,
Amount..
Company and Class of Stock—
Hide
\
reor-
Capital expenditures,
1- $61284,590
Abbott Laboratories 4/i
American
'
-
'
x
•
Purpose of Issue
.
*1,659,590
7
Export
of
^
$65,625,000
INDUSTRIAL AND MISCELLANEOUS
American
' ./•
i
plan
Issued per plan of
ganization /XX'X
com-
(165,959 shrs.)
/Allied Stores Corp.
per
A ganization
-
AyA-H ./v;
.
.
.
*240,320
/
/•'
3,771,000 Issued per merger plan with;
/"7% 2nd preferred-^,—14,817,900
Celluloid Corp,
;/r
Celotex Corp. 57f preferred— / *
70,000 Acquisition
'
v': *
•Central Foundry Co common—;
.
3,833 Conversion of bonds and
yy/.;
.■"}■:■ y.notes ;
yA;v,y;'.,|
Curtiss Publishing Co.:
'
'"A
common. (39,640 .shares)—
•39,640
Issued per recapitalization
/
.
•
cumulative preferred—
5"o
,
.
,
group,
the Exchange
Transit Corp.
* —'
*
STOCKS LISTED DURING THE YEAR J942
Pacific Tel. & Tel. Co. common
Total
;
,1:
,
$121,888,800
mon
1942
—
i
Ave.
^
.
„
PUBLIC UTILITY
/.Third
/
YEAR
THE
A Purpose of Issue
Amount
'
.
beneficial interest in
Ctfs. Of
,
Additions, working capital
///ia/'//,;!
Corp.
miscellaneous
■
Exchange
*$31,400,000
^
^
•20,000,000
>
5% preferred series A.-.——
39,382,100
Wabash RR. 4Vafo preferred^/ .31,106,700
were:
in
bank
pay
'■;
-
'
15,000,000
.•
de-
(3,140,000 shrs.)
Common
-
common
aggregated
$121,880,800 of
totaling $90,782,100 were for the
issue of $31,106,700 4% preferred for
securities
19*2
1952—. 15,000,000
-
nection with the reorganization of the above roads.
•;///;
Public utilities stocks listed were confined to two is¬
sues and consisted
of $65,625,000 common stock of Pa¬
common
loans
5,700,000
Company and Class of Stock—
A
listed
These
DURING
de-
Erie Railroad:
issues
Wabash RR.
LISTED
Purpose of Issue
2,000,000
—r-T
American
$100,000,000 American Tobacco Co. 3% debentures; $35>
000,000 Celanese Corp. of America SVz% debentures and
four issues of $15,000,000 each for Union Oil Co, of Cali¬
fornia,; Superior Oil Co. (Calif.), National Distillers
Erie RR, and
-
.
——
RAILROAD
i
refunding collateral trust 3%s.
$214,954,000.
three
1950
B,
bentures,
i
Industrial and miscellaneous bonds listed during 1942
which
BONDS
debentures, 1962—6,000,000
Steel Co. 1st 4'/aS,
A'- /.•"
"rn-Total/
000,000 Public Service Electric & Gas Co. 1st & refundings 3s; $26,000,000 Virginia Public Service Co. first
mortgage 3%s and $10,000,000 Union Electric Co. of
totaled
~
bentures, 1967——/———
Electric Co. 1st &
Missouri 1st &
de-
Corp.
Union Oil Co. of Calif. 3'/c
i
/
$25,000,000 Pacific Gas
refunding 3s, series'K; $20,000,000
Philadelphia Electric Co. 1st & refunding 2%s; $15,&
3 '!o
Corp.
Products
-
000 Alabama Power Co. 1st
bonds listed and authorized to be listed
210,588,000
$
•
Refunding
Amount
Company' and Class of Stock—
gate amount of such issues listed
265.894,041
\A $
I
Construction
V
•
*
Government issues, foreign and domestic, are not in¬
cluded in the above tables. The following is the
aggre¬
1942...
$
cap-
/:•
•
Refunding/ pay bank
loans, etc.
ExchA for debs., due 1943
' ^
: Repay short-term bank ' y
' 4,000,000 /
loans, corp. purposes
/
•
Repay bank loans, general
(Calif.) 3'A',/•
debentures, 1956
A—A
and $21,710,100 general mort¬
stocks
listed aggregated $141,055,253, and included the follow¬
ing: $26,566,900 5% preferred stock of United Aircraft
Corp.; 1,203,755 common shares and 240,000 shares of
$1.25 cumulative preferred stock of Vultee Aircraft,
Inc.; $14,896,500 5.60% preferred stock of Panhandle
Eastern Pipe Line Co.; $9,000,000 4% % preferred stock
of G. C. Murphy Co.;
291,300 shares of common stock of
Jones & Laughlin Steel Corp.; $3,000,000 4% preferred
stock of Abbott Laboratories and 50,000 shares of
$2.50
preferred stock of Burlington Mills Corp.
The following table shows at a glance Government
$
.
3'A. de- X".Refunding,
Co.
Superior Oil Co.
cific Telephone & Telegraph Co. and 165,959 shares of
—STOCKS—
Indus. &
'v
•'
MISCELLANEOUS
1956
Distillers
series
gage income 41/4s,
Railroad
In the
1st A
-debentures, 1956-————-
/•■/
aggregated
$210,588,000.
Bonds
1971—J.'-* 10,000,000
'Schenley Distillers Co. 4"/e
following bond issues of the Wabash Ry,
through the reorganization of the
$47,354,200 1st mortgage 4s, $17,510,000 gen¬
1,413,274,258
756,886,763
585,826,714
232,341,289
58,080,216
for
./■. ■/;.
Capital expenditures
Pittsburgh
issued
were
1,534,909,897
97,758,185
1972.——M5,000,000
7-year 3 V«debentures-/- ,15,000,000 /;
Paramount
Pictures, Inc., 4^
-
also listed the
248,283,550
289,638,052
; ;
$210,588,000
AND
Machinery
AA v>aV3'/»
In the railroad bond group,
255,695,236
62,127,308
issued
notes
ital expenditures'
Philip Morris & Co., Ltd., Inc.,
against $29,406,019 in 1941;
miscellaneous
$141,055,253
44,717,892
1934
;
capital
new
-
/
>
during 1942 aggregated $330,228,643, a
decrease of $259,252,439 below the 1941 total of
$589,481,082.
Of the. stocks listed, railroads accounted for
$121,888,800 compared with $55,073,067 in 1941; public
108,202,644
1935——
.
//:/,
Pay
&. Gas
26,000,000
Tobacco
bentures,
Natl.
listed
266,309,787
63,370,201
-1,064,228,713
984,021,944
due
extended
Working capital, etc.
/ :'bentures, 1962—$100,000,000
Celanese Corp./of Amer. 3'A/<> ..' .•
•/■
/
debentures, 1962 A—, 35,000,000
Childs Co. 5
debs, 1957——— "
2,254,000
Of
107,352,110
251,563,947
326,637,111
425,941,221
108,751,530
1951
to
Refunding,
5,000,000
.
——
American
176,880
Total bond issues listed during the year 1942
aggre¬
gated $691,436,041 compared with $1,113,246,600 in 1941.
128,661,401
1936—
3s,
1941,
1st
—
.
due
'A
Company and Class of Bonds—
1,089,720
1939
60,102,549
Total
9,836,340
1934—
1938—
1940—
19,720,000
25,000,000
1971.-___20,000,000
trust 33es,
INDUSTRIAL
1935—
589,481,082
Total
Co.
Power
AA"
bonds
1942, extended to 1945
Bonds
3%8, 1972
A
975,840
1,957,500
———
353,359,894
AjyA/y/A/yy;
Old Securities
A
1943
1937
1936—
86,113,945
Now Listed
YEAR
THE
/ A; ■'
-
1939—
$330,228,643
Capital, Etc.
$161,612,079
reor,,
A/
Refunding ■
Exchange
for
9,868,000 /
.
1st
Co.
Virginia. Public Service .Co.
$163,371,876
Old Issues
$80,000,000
&
1971__
Electric
1st & ref.
;y collateral
$5,244,688
Replacing
Issued for New
of
Union Electric Co. of Mo. 1st &
AA $
the principal issues listed
were $5,955,850 1st consolidated
4%s, series A, $92,409,775 1st consolidated 4s, series B, and
$52,644,916 general
mortgage income 4y2s, of the Erie RR., all issued in con¬
nection with the reorganization of that road. There were
124,714,225
16,081,800
1933——
"-229,329,500
140,796,025
159,439,200
plan
per
Purpose of Issue
1st <fc
Co.
—
Service
Co.
..
:v
while
9,777,000
Public
and
1941—
utilities totaled
3,218,000
:
;aAA'v A
DURING
Amount
1951————
Electric
1977
ref.
Co.
series K,
refunding 23/4S,
1942
1,014,505,100
66,672,300
reor-
3'/aS,
1945-—1A——
Electric
&
3s,
3'As,
1940
1,214,231,335
1,246,727,962
1,543,810,965
2,443,453,771 V 2,775,968,270
782,079,416
929,608,680
\v
y
Philadelphia Electric Co, 1st &
Indust.
$
850,864,956
137,752,264
-
860,079,620
Gas
ref.
&
-STOCKS-
Public
Light
5s,
refunding 5s,
Pacific
FINANCING
Indust.
A 588,274,925
169,000
332,345,499
-
1934
1,113,246,600
LISTED
BONDS
1st
Tramways
'
COMPANIES
Co.
.
Gas
extension
Potomac
9,116,500
•
r
—' 13,803,500
AMERICAN
OF
174,500,000
1,297,000
'
295,786,003 / '
1936—„y.
743,911,957
„——
"
451,456,410
-
—
/
$691,436,041
786,386,620
y
154,523,644
1939
1938
1937
Total
Old Securities
UTILITY
Power
Laclede
v
1,915,170
Stocks
'
Replacing
Old Issues
Issued for New
t
of
ganization
$265,894,041
—
.
Montreal
1933—
are
$387,-
Issued
21,710,100*
1991
1972
'/
5,695,941
40,300,530
-BONDS-
totaled
1981—A 17,510,000
Company and Class of Bonds-—
1935—
,•/
1942
.
Alabama
33,255,425
„
18,500,000
issue
issued
Total
2,000,000
25,000,000 19,053,500
—
SECURITIES
097,271,851 in 1941. Securities listed representing new
capital added up $360,851,579 in 1942 as compared with
$519,341,886 in 1941 and old issues just listed aggregated
but $5,244,688, as against $86,113,945 in 1941, The 1942
total in the latter category is the lowest since 1914.
income 4s,
PUBLIC
the great preponderance of new listings
the refunding column, the total in this classifi¬
being $655,568,417 in 1942, as compared with $1,-
in
$
the sale of bonds
which ultimately
public,
•V
-
late years
In
fell
the
to
issues
—
income 4'As,
mtge.
A'
A
plan
per
ganization
A/:•; A ••'. / ■■•••
47,354,300 '/yry.;//
1940—
1937—
this means to raise
for working capital and expansion instead of
Gen
Issued
://> .AA'
1
reor-
Miscell.
$
1939—i
of
themselves
availed
$
Gen; mtge.
and
Utilities
1941—
1936—
porations
1971—
4s,
of
2,846,400
1942—
Several cor¬
low rate of interest.
Ry.: v.'/.;
Indust.
and
Utilities
Railroad
to
Regulation V loans and usually have a maturity up
Refunding
in-
4'/is, 2013-,—-—
1st
-STOCKSIndust.
1942, the Federal Re¬
agencies in financing war-production
Government war
Issued per plan
ganization
,
1st &
International RR.
mtge.
come
.
14,737,000
mtge. 4Vis, series A, 1998
Spokane
t
<
.
/-/,/
4,218,300
6,507,400
y
'
•
.
'
"sued per plan of reorganization
•
:
"
.rA'/AAA'A'-AA; AA'AAA : AA :'A-
4l/as, 2015
Paul Union Depot Co.
St.
/
1943
Purpose of Issue:
$5,955,850
A Norfolk Southern Ry.:
Gen.
YEAR
:
refunding 3 '/as, series B, 1971
$
loans
Amount
given
are
'
THE
DURING
43/4S, series A, 1957
cons.
Gen. mtge., income
included in the totals
SECURITIES OF FOREIGN CORPORATIONS PLACED
V
Company and Class of Bonds—
Erie Railroad
of
corporate listings in the above:
authorized to act as fiscal agents for
were
$9,985,716,100
issued
year were
,
LISTED
BONDS
RAILROAD
and secondly, the amounts
corporations issued for acquir¬
Both amounts
the
following tables:
Wabash
Presidential decree on March 26,
"1,962,688,300
accohnt of which the several bond and
stock issues listed during
show
to
securities
financing and developing properties outside the
United States.
By
and through Regulation V loans.
ernment agencies
,
TotalA—.
The purposes on
se,
of securities of American
ing
amounts
v
'•
,
1,292,446,100
2,118,164,500
1,014,018,900
—_
r__
Treasury bonds of 1950-1952—
<
■'
how much of the listings in the above were for foreign
effort by Gov¬
nancing of industries engaged in the war
'
A
1962-1967„tv—Li—n/.—
Treasui7 bondS Of
Treasury bonds of 1949-1951
;A- 2'/o
2,938,224,600
the
LISTED
$2,097,617,000
"Treasury bonds of 1949-1951—
2^4 %
,2t»:
•Includes $315,000,000 of City of New York coiporate stock, tlncludes
$1,364,000 City of New York Corporate stock.
In
BE
2}k % Treasury bonds of 1952-1955—..—1,500,781,300
-
6,270,129,450
1933
TO
A;
:
:j •' AA'
3,751,639,050
1934
AUTHORIZED
America:.-.'!'//.,'
Treasury bonds of 1949-1951
5,892,995,975
AAA/A
—
1938
$65,313,500
V
—.
—
1939
$9,985,716,100
-J:.
—
AND
DURING THE YEAR 1.043
.
States of
2%
LISTED
ISSUES
GOVERNMENT
EXCHANGE
A;-y
'
affected by the World War
The effects of the war were felt in the
December, 1941.
securities
1942,
for
United States into the conflict in
the entry of the
with
listings
of
in 1941, was adversely
than
the
volume
com¬
as
STOCK
U. S. Gov.
76,000,000
1941—
for 1941 and $815,156,214 in
pared with $1,702,727,682
1934.
$1,021,664,684
footed up
total
1942
The
YORK
$9,985,716,100
1937————
1934.
NEW
,.AvA/A'J___.^_:./
—
1940
the
ON
Foreign Issues
' (incl. Canadian)
"''
.'/'A/.,/
1942 was the smallest for any year since
calendar year
LISTED
BONDS
,'Ay
1942—
aggregate of new and additional corporate securi¬
The
ties
Ayy'.'.y\
Monday, February 15, 1943
preferred (15,864 shares)/— y.;,:*793,200
Distillers
Inc.,
r
common-388,325
Departrtienf Stores,;,
common
.Flintkote
Co.,
;
6';<?
Wheeler
Corp.
prior preferred
1 • *150,000
v 268.040
common
L—"
capital stock (47,087 shrs.)__
ilnternat.
■
Corp.
4 y
2,100,300
333,000
Hayes Industries, Inc., common
\lnternat. Business Mach. Corp.
; >
*41,130
(4,113 shares)
(15,000
common
shares)
Foster
/
1,250,000
•
—
Records^ Inc./
Federated
1
A'
Corp.-Seagrams, Ltd.,;.
preferred
5%
(Decca
■
.■,■"/
-
*1,516,672
-./and reorganization plaij
A: y
Acquisition of eonstit, cos.
Old stock just listed
A
Acquisition of stocks
constituent -companies
of
,
Corporate purposes
Exchange for $7 preferred
/ stock
/ •
,
j
Old stock just listed
"
*
'
Stock dividend
Minerals .& Chemical
common
preferred
•
3,294,225
——10,000,000
Issued per merger of Union
Potash and Mineral
Volume
Amount
Company and Class of StockJones
Steel
baughiin
oj
(291,300
common
Martin Co.
ator
Vultee
"
'
Monsanto
(35,000
(G.
C.)
Steel
constituent
Corporate
5,853
co.
Acquisition
Total
constit.
of
declared
shares)-'-
Corporate purposes
Capital additions, etc.
*3,500,000
pfd.
Refunding,
9,000,000
corporate
pur¬
poses
Panhandle
Co.
Eastern
5.60''!?
Paramount
Pipe
preferred-
securities
/..'stocks
Philip Morris & Co., Ltd., Inc.
4Va
preferred
'V+
Phillips Petroleum Co.,
(43,928
1st series
Class A
Pressed
preferred
considered
tV
Car
Co,
common
;
in
exch.
Conversion of
Stokely Bros. & Co., Inc.,
com.
Corporate
26,566,900
•
Colorado
1
■'j
6'/*■
Friday
of
20.4%.
increase for the week ended
Our comparative
week follows:
■' '%•,.
'<
CLEARINGS—RETURNS
Week Ending Feb. 6
York
New
BY
the
■
,}!. •/%/%
TELEGRAPH
1943
DEPOSIT
OF
ISSUED,
Inc.)
PREVIOUSLY
BEEN
Southeastern
Ry.
Ry.
certificates
deposit
of
Corp.
(formerly General The¬
585,822
Hosiery Co., Inc, (formerly Gotham
Co.,. Inc.) common ——————.J.——
TJ cumulative preferred (par $100)——
Ritter
Co.,
Inc.
Silk
Hosiery
449,883
—
17,964
—
(formerly Ritter Dental Mfg. Co.)——
Sterling Drug, Inc. (formerly Sterling Products, Inc.)
Sylvania
Electric
Corp.)
Products,
Inc.
(formerly
1,750,700
—
Hygrade
——_q—i—.
160,000
,
Syl514,368
•
———
AND
COMPANIES
CHANGING PAR VALUE
■]
CHANGING
OF
SHARES
NUMBER OF SHARES
WITHOUT
ISSUED
No. of Shrs.
$6,336,000
for
L,500,000
—„
Gotham
of
1960
Alleghany Corp.
41/2'/p
NAME
332,123
Precision Equipment
atres Equipment Corp.)_,
LISTED
certificates
OF
BEEN
'
—:
General
SECURITIES
THE
HAVING
LISTED
(from
no
$1)
to
par
—i—
refunding
Co.
17,000,000
extended
and
General Public Service Corp,
——r
4.522,597
10 cents)——.
669,886
—
SHARES
preferred
stock
(no
stock
1941—
(no
par)
40,907 shs.
.
par)—
-
BANK
O
the elaborate
statement, however, which
are able to give the final
and complete results for the week previous—the week
ended Feb. 6.
For that
we
there
week
was
of
increase
an
32.8%, the aggregate of clearings for the whole country
having amounted to $9,252,647,944 against $6,968,890,382
the
in
in
week
same
increase
Outside
1942.
of
this
there
city
of
17.7%, the bank clearings at this
having recorded an increase of 47.6%.
We group
the cities according to the Federal Reserve Districts in
was
an
no
to
par
REPLACE
Corp.
shares
to
of
of
America
SHARES
from
$15 par-
STOCK
THROUGH
IN
OUTSTANDING
750,000
shares
;
—
REDUCTION
$3
par
to
150,000 shs.
————„
CLEARINGS
detailed
present further below,
Brewing
472,923 shs.
———
Saturday and the Saturday figures are not avail¬
able at time of going to press. Accordingly, in the above
the last day of the week in all cases has to be estimated.
In
TO
NUMBER OF
;
4,457,000
+
ends
we
ISSUED
Co.:
sinking fund debentures
(from
mortgage
centre
which
they;
located, and from this it appears that
(including.this city) the totals
show an expansion, of 46.2%,-in the Boston Reserve Dis¬
trict of 15.4% and in the Philadelphia Reserve District
are
in the New.York District
of
10.3%.
show
In the Cleveland Reserve District the totals
increase
an
of
District of 23.8%
23,2%;
Reserve
In the Chicago Reserve District the totals record
of 10.0%, in the St. Louis Reserve District of
gain
a
21.0%, in the Richmond
and in the Atlanta Reserve District of
18,6% and in the Minneapolis Reserve District of 18.4%.
the Kansas City Reserve District the
increase is
In
33.9%, in the Dallas Reserve District of 6.5% and in the
San Francisco Reserve District 26.9%.
1942
$2,536,417,781
—
for
summary
7'v": ::
-
In the following we furnish a summary by Federal
$2,106,429,166
_—247,635,260
Chicago
HAVING
&
1980
Light
Convertible
will show an increase com¬
pared with a year ago. Preliminary figures compiled by
us, based upon telegraphic advices from-the chief cities
of the country, indicate that for the week ended Satur¬
day, Feb. 13, clearings from all cities of the United
States from which it is possible to obtain weekly clear¬
ings will be 9.8% above those for the corresponding
week last year.
Our preliminary total stands at $6,529,374,440 against $5,945,497,489 for the same week in 1942.
an
Gas
COURSE
THE
there is
bonds,
Common
Bank clearings this week
center
Southern
&
Warren Brothers
purposes
under Employees'
Purpchase Plan
15,33G
WHERE
CHANGE
WITH
SECURITIES
Inc. (formerly Hecker Products Corp,),,..
Stores, Inc. (formerly Union Premier Food Stores,
Fair
10,000,000
Issued
•
:
common
CERTIFICATES
WHICH
Haute
Terre
THE
.
Exch.
38,818
.
,
Aircraft Corp. 5% pfd.
Universal Cyclops Steel Corp.United
The
"%,v.
deposit for income mortgage 50-year bonds,
preferred
Acquisition of constit. cos.
for
existing stocks
271,500
not
are
listings.
additional
or
new
and
■
Chicago,
Laclede
••••
listed
already
/•'
FOR
CONNECTION
No. of Shrs.
Food
they represent
as
for class B
7preferred
Lines
common
At this
as
us
RECEIPTS
DEPOSIT
gold
Greyhound
by
securities
THEMSELVES
Issued
IN
CORPORATION.
70,000 shs.
—2,015,565 shs,
Best Foods,
vania
Acquisition of constit. cos.
461,100
1,152,500
153,655
—~
tabulations
"tables follow:
stocks
Southeastern
ISSUED
OF
CERTIFICATES
—
PREVIOUSLY
of bank loans
Reduction
*1,317,840
preferred
Steel
for
SECURITIES
.u'
5VAV prior pfd.-—
5'*
SECURITIES
amounts given
The
value.
included in the above
Steel Co., inc.
Pittsburgh
par
certificates were is¬
certificates without
changing the number of shares listed; a list of com¬
panies changing their name, etc. These securities are
common
shares)
no
DEPOSIT
CERTIFICATES
cumulative preferred
T<
$1)
(par
value.
substitutions
'
4.966,600
.
of
,
Buildings Co.
common
FOR
TRUST
VOTING
Corp,
represent the
EXCHANGE
IN
AND
Sperry
list of companies for which new
sued in exchange for voting trust
not
Conversion
194,731
com.
of
acquisition
Refunding,
Line
—w-V, 14,896,500
Pictures, Inc.,
of
stated
ISSUED
Bush Terminal
a
r.;—•
Murphy Co. 4%%
shares
just listed
$141,055,253
————
or
stock
Old
951,208
Corp. com.-
SHARES
In the following tables we give a list of the securities
for which certificates of deposit were issued during 1942,
Honeywell
2,500,000
—
♦Includes
co.
Inc.,
Indies Sugar
West
purposes
Aircraft;
635
Purpose of Issue
Old stock just listed
acquisition of constit. cos,
1,203,755
*6,000,000
*1,441,062
*749,500
Amount
common-
$1.25 cum. pid. (240,000 shs.)
Co.
Otis
Merger : of
75,960
common
Regul-;
preferred-^—
Chem. Co, preferred
Co,
Company and Class of Stock—
Purpose of Issue
.
Acquisition
'12,817,200
Mead Corp. com.,(68,622 shrs.)
$5.50 cum. pfd. (7,495 shrs.)
Minneapolis
:
Corp.
shrs.)—
Lockheed Aircraft Corp. com.—
(Glenn.L.)
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4151
157
Reserve Districts:
261,989,843
summary
-
Philadelphia
3"0.000.000
362,000,000
Boston-;; —iA'-'"
Kansas City
—
209,956,275
117,325,038
233,144,675
of .bank
clearings
■
—
Baltimore
cities, five days
New York
days—
cities,
"$5n~43~,499^552
day
one
$4,613,356,597
1,332,140,892
"
1,385,874.888
Total all cities for week
$6,529,374,440
+ • 4.0
9.8
+
7th
Chicago
3,354,099,678
2,747,216.527
560,927,061
+ 10.8
474,007,446
396,866,641
544,898,219
450,264,304
+ 21.0
366,637,986
273,671,387
"
252.549,641
203,997,551
+ 23.8
173,576,968
129,195,907
"
328,283,744
266,387,050
+ 23.2
206,782,640
157,806,981
"
540,161,637
490,963,622
+ 10.0
413,662,044
353,108,569
4
"
263,603.006
226.549,273
+ 18.6
171,478,071
131,026,367
7
"
169,541,516
143,246,735
+ 18.4
105,931,300
10
"
260,192,920
194,348,347
+ 33.9
M
110,176,478
103,454,158
+
6.5
140,012,269
79,027,665
_*_10
"
439,467,912
346,294,820
+
26.9
32.8
——
———
8th
St.
9th
Minneapolis
Louis
10th Kansas
Tota'l
Complete and exact details for the week covered by
foregoing will appear in our issue of next week.
We cannot furnish them today, in as much as the week
•
t
___—
City
—
—
Francisco
—hL-u-
2_,__—__—:.
Y. City—
;
Outside
:•+'
46.2
621,581,914
6
Atlanta
12th San
r
5,326,767,706
"
"
11th Dallas
$5,945,497,489
"■
237,753,715
—-17
—
"+1L5
1940
;
.
'293,884,661 ;;'
—10
Richmond
+ 10.1
:
'
;■
+15.4
338,396,305
.3,644,061,153
——6
5th
1,007,208,235
1,109,079,514
cities, five days
Tot. all
All
five
cities,
Other
390.423,251
—+—10
—
+ 11.9
1941
or
Dec. U
7
„.
Cleveland
$3^606,148,362
•
—12
Philadelphia
4th
81,776,821
$4,034,420,038
Inc.
f
•
6th
Ten
1942
-
cities.
97,879,704
82,489,745
————
Districts
1943.-.'
Boston
3d
130,103.184
/.
99,442,301
—4—•'
Reserve
2d
77125,970,000
144,315,638
Pittsburgh
;%
Week Ended Jan. 9
1st
101,900,000
145,438,000
Francisco
Ban
Cleveland
'
Federal
£8,924.969
.
91,400,000
Louis
Bt.
:
N.
-
,
—111 cities
.
■
+
V"
•:.■■■■■
■
89,973,815
118,034,259
64,579,919
,
224,200,676
274,883,700 +
:
9,252,647,944
.
6,968,890,382
+
6,054,574,428
4.913,433,763
4,078,687,353
———-
3,463,937,991
+ 17.7
2,822,311,872
2,268,805,072
461,796,470
+ 36.5
421,136,408
603,991,487
v
the
Canada
%
.—32 cities
(000,000
The volume of transactions in share properties on
omitted)
the
Kans.
Stock
York
New
Exchange for the first month of the
+1943
No.
of
Month
1942
No. &n*res
i ps
t>!
18,032,142
January—
12,993,665
819
.
$
614
467
;
monthly detailed statement of transactions
$ ;k
Stock
Exchange is
383
Month of January-
Description
Bonds
'
<fc misc.
'
■
,
1940
v'//':
549
456
374
345
314
293
.'256
255
269
209.
189
172",
166
A 166.
272
205
164:
152'
146
rv\ 121
135
187
143
133
131
123'
125
133
■"
20,254,000
1,138,000
2,707.000
3,760,000
$302,816,600 $219,955,000
$230,987,000
250,700
bonds
Total
The
$144,917,000
of bank clearings at leading cities of the
course
70
58
54
46
43
++%: 52
47
104
99
89
88
93
shown
in each of the last eight
years
the subjoined statement:
in
is
239
226
175
158
132
134
162
139
103
107
121.
130
St.
.
.
„
Paul-
172
165
126
120
102
Denver
204
173
141
130
123
India n'polis
124
124
104
195
84
297
253
217
184
% 160
179
181
145
101
81
340
285
202
166
117
108
81
74
63
72
66
55
L.
C'y
30,179
5,437
2,57.3
Total all
38,078
Out. N.Y.C.
19,675
.
1942
1943
omitted)
$
York-
Chicago
__
AT
CLEARINGS
BANK
.
LEADING
1941-
1940
'
,
CITIES
1939
.
IN
16,937 14,685 14,067
1,809
1,854
1937
•"
$
18,402
...
1,539
1,451
1936
$
New
the entire
the 1943 aggregate
466 and the
was an
in¬
body of clearing houses of 9.9%,
of clearings having been $38,078,510,-
1942 aggregate
166
•
■:
99
112
,
81
.
73
183
In
the
New
$34,658,010,123.
145
140
142
66
63
66
49
50
7.3
132
59
,
55
smaller
are
District
of
10.4%
15.6%.
In
show
an
28,330 26,152
25,255
23,823
29,336
27,144
the increase is
16,768
13,645 12,085
10,639
10.410
11,813
10,357
5,7%
Jan., 1943
Philadelphia
—.14 cities
Cleveland
District of
and
10.2%,
Atlanta
Jan., 1942
St.
Louis
17,523
16,787
1,2«2
1,484
1.219
10th Kansas
1,625,.955,371
17,603.590.237
2,603,211,537
2,632,398,796
•"
2,402,831,350
2,157,721,529,
9
"
1,086,602,070
Dis¬
in
the
Atlanta
Reserve
and in the Minneapolis Reserve
In the Kansas City Reserve District
21.8%, in the Dallas Reserve District of
Reserve District
Jan., 1941
14.9%.
Jan., 1940
$
/
+
2.3
1,337 446,660
1.224, 283,388
+
8.3
15,232 557,7.5,9
14,585, 592,503
—
0.9
2,144 ,372,588
1,909 291,609
1,434, 032,767
+11.4
1,722 024,782
983,806,556
+10.4
805 264,503
670, 470,456
16
,'i
,
City—
-
"
1,459,677,597
1,262,232,943
+15.6
1,001 772,865
823, 712,684
V
3,757.881,944
3,342,108,058
+12.4
2,659 868,665
2,365, 612,409
7
"
1,124,685,566
1,052,590,092
16
;
Minneapolis
13,412
1.2,07
Reserve
31
—
9th
14,616
1,663,861.441
19,070,129,011
—.
and
Inc. or Dec.
"
Chicago
—
Cleveland
in the San Francisco
——17
Richmond
7th
—.14
are
Chicago Reserve District the
improverpent of 12.4%, in the St. Louis
Reserve District of 8.9%
17
-
totals
the
totals
33,705
1,739
the
gain of 11.4%, in the Richmond
District
1,946
24,954
a
Reserve
21,459
;
In the
0.9%.
register
2r012
2,016'
District
the Boston Reserve District by
and in
by
trict the totals
22,823
26,798
Reserve
2.3%, but in the Philadelphia Reserve District the totals
+;;;i45'
88
York
larger by 8.3%
2,167
2,386
York
8th
$
76
84
A";
25,262 23.478
Boston
2d
6th
JANUARY
1938
for
;%
1st
5th
(000,000
;
Federal Reserve Districts
'
New
V
32,641
4th
...
crease
clearings for
For that month there
79
3d
for January
.country
,,137
122
Other cities
"
We also furnish today a summary of the
the month of January.
+231
•
63
Total-
15,643,000
—
318
270
293
government
bonds
,399.
V
142
$120,903,000
bonds
; 399
1 272
Hartford—
$212,637,000
V-V-
V'-
v-
;
Milwaukee-
,
$290,890,400 $206,145,000
—
govern't
$ '
v; 417
Providence-
Salt
+; v'\•:."
•
A; S
-'331
<
—
15.990,665
13,312,960
11,675,500.;% 12,672,000
bonds
Foreign
U. S.
1941
12,993,66$
18,032,142
shares
Railroad
1942
1943
Stock, number of
1936
$
720
Richmond-
The
below:.
results for January in 1940 to 1943 are given
1937
378 ■'
v;
.
Seattle
appended.
1938
■$";
;
410
Memphis—
York
New
the
on
630,461,944
1939
425
>r
480
.
Orl's.
Omaha
Buffalo
Our usual
5
+
%
1940
•
15,990,665
13.312.9C0
1941
V
Cleveland—
New
No. Shares
No. Shares
$
Louisville-
1940
1941
1942
732
City
Minn'polis_
1940 to 1943 is indicated in the following:
years
1943
"
737,772,679
669,323,675
—17
1,349,324,452
1,133,953,437
1,385
1,128
1,036-
918
879
1,154
1,051
11th Dallas
li
"
884,735,962
540,540,303
2,517
2,039
1,816
1,579
1,483
1,742
1,629
12th San
lu
"
1,932,796,857
1,673,789,126
LouisPittsburgh-
64.2
571
440
389
354
357
392
797 ,589,029
660, 802,806
504
939,244
462, 768,059
+21.8
877 899,316
788 777,297
+
8.9
352
Fran-
■"
+ 10.2
Boston
1,435
Phila.
2,504
St.
961
859
712
561
492
481
1,020
898
700
665
596
595
646
Baltimore—
570
504
409
343
276
270
305
Cincinnati-
388
304
269
240
239
247
222
+
644
615,321
573 567,192
1,284 ,117,465
1,160, 350,526
5.7
+14.9
257
43.1
Francisco
San
We
now
add
our
647
479
,
Total
592
Outside
1943
Reserve
District—Boston—
Me.—Bangor
34,658,010,123
29,012,468,197
26,659,261,701
17,721,239,974
14,327,368,153
12,592,447,060
2,262,189,995
1,903,065,931
1,624,413,341
1.403.021,556
1,968,319
3 8,938,222
3,992,769
January
or
1940
$
$
-Week Ended Feb. 6-
1943
$
1942
:
$
—17.4
2,835,026
2,440.852
925,782
944,194
+
6.6
10.846,525
9,186,123
3,318,920
3,192,336
+
3.6
1,128,466.283
1,035,994.757
338,224,310
289,121,027
—16.1
3,427,179
3,282,719
.850,039
814,604
7.8
1,848,302
+.2.2
1,839,246
1,836,541
1941
Inc.or
Dec. c/«
$
1940
$
—
1.9
802,088
520,436
+
4.0
2,282,663
1,619,947
+ 17.0
252,885.502
204,108,838
1,741,320
+
"
18.9
week ended Feb. 6 for four years.
—_—
1941
+
+
4.3
677,828
599,617
422*240
"*423,280
"
472,489
456,487
~+~~3~5
+
7.7
3,428,775
3,214,997
959,331
842,950
+ 13.8
740,583
561,132
19,004,245
—
0.3
16,472,791
15,957,250
4,447,337
3,473,944
+ 28.0
3,474,119
2,986,944
13,247,622
.
—
3.0
10.926,294
10,139,492
2,829,981
2,555,444
+ 10.7
2,290,391
1,930,560
—12.0
9,767,144
63,443,724
.
R.
I.—Providence
N.
H.—Manchester
Cities)
72,102,075
66,.001.176
54,689,796
13,778,685
27,653,711
27,262,330
+
1,4
22,921,911
22,911,008
6.568,582
7,482,000
Haven
Waterbury
(14
2,169,269
12,844,476
Conn.—Hartford
Total
4,446,340
4,300,386
—
Worcester
New
1,385,406.938
2,011,041
Bedford
15,195,731
2,337,469
of
Dec. %
3,620,339
3,728,451
—
Springfield
38,078,510,466
19,675,944,256
32 cities
Inc.
$
1,435,357,799
River
Lowell
New
S
16,199,171
Mass.—Boston
Fall
1942
2.991,846
Portland
Hotyow
cities
City
detailed statement showing the figures for each city for the month of
January and for the
at—
First Federal
Y.
Canada
-Month
Clearings
—189
—
N.
7,718,800
—
3.1
7,388,600
6,707,000
63,938,800
70,262,400
—
0.9
58,399,700
—
6.1
2,644,852
2,553,433
.528,795
500,537
5.6
505,062
587,068
+
2.3
1,337,446,660
1,224,283,388
390,423,251
338,396,305
+15.4
293,88^,661
237,753,715
2,634,345
1,663,861,44V,.
2,805,518
1,626,346,752
<
53,628,100
17*519,000
13,709,689
1
+
0.5
11,703,497
6,500,893
+
1.0
5,192,488
4,417,549
7.6
12,908,200
10,231,200
16,284,200
THE COMMERCIAL & FINANCIAL CHRONICLE
636
of
-Month
Reserve District—New
Federal
Buffalo
—39.6
+
7.0
5,867,192
5,565,133
1,896,984
2,059,548
+
6.0
174,877,847
158,045.420
54,200,000
49,900,000
+
4,238,280
+ 17.7
3,021,378
2,297,892
1,170,414
1,008,822
+
4,610,495
48,523.498
25,652,602
26,119,800
5,091,187
5,316,114
Conn.—Stamford
24,984,643
24,407,566
J.—Montclair
1,651,748
2,024,033
Syracuse
Utica
.
3,825,295
889,979
Northern
14.066,814,641
5.173,960,591
Oranges
5.8
43,645,238
40,487,477
12,619,513
(14
cities)
Federal
1.8
22.636,780
21,737,558
6,983,564
—
7,770,421
6,021,849
1,661,109
1,267,935
32,500,000
16.0
441,439
681,884
.
700,464
9.8
764,258
3,231,772,556
2,644,628,691
3.6
11,257,571
8,538,453
+
'■
5,950,609
5,930,026
+ 10.0
6.347,794
-
____—.1
4.2
4,465,592
3,911,938
2.4
21,822,658
21,663,532
5,971,095
5,819,298
+
2.6
—18.4
1,996,041
2,045,332
545,508
530,177
+
2.9
508,847
427,117
+
1.5
24,597,497
18,940,020
+
3.2
28,794,405
—
+
.
+
8.8
91.229,226
83,913,642
26,819,602
26,433,306
153,322,063
+
0.9
136,184,950
131,868,221
31,633,863
30,663,403
3,533,351
+ 15.8
3,352,445
..
-
.
104,631,475
.
4,036,239
5,009,676
3,243,860
■
/
22,014,139
•
-
r'f--
2,747,216,527
3,354,099,678
8.3
15,232,557,759
14,585,592,508
5,326,767,706
3,644,061,156
+ 46.2
2,204,776
—14.5
2.411,988
2,034,220
491,291
V* 570,753
—13.9
563,147
438,437
5,134,712
—18.5
4,080,383
2,204,568
737,951
825,279
—10.6
634,046
491.560
10.9
420,459
486,793
1,476,472
1,147,005
46llo00,000
386,000,000
17,603,590,237
19,070,129,011
Reserve
S
37,100,000
8.6\
—
12,180,400
■
154,675,303
J,
—
Total
1940
$
+ 47.6
3,504,952,391
4,090,292
N.
1941
7.9
—
986,163
14,685,100,044
—
113,819,995
Newark
'
Third
4,798,186
8.7
—
51,530.151
.
3.4
+
4,770,775
16,936,770,149
—
Rochester
6-
+ 40.4
7,179,854
10,076,593
6,489,927
18,402,566,210
N.
40,172,567
33,560,182
54,379,812
226,056,741
——
York
New
Feb.
or
Dec. c,'o
$
4,987,208
—
,
Jamestown
Inc.
32,832,925
6,942,905
—
.
$
1942
1943
York—
Binehamton
Elmira
1940
1941
239,700,000
Y.—Albany.
N.
-Week Ended
January-
or
Dec. c/o
$
inearings at—
Second
Inc.
1942
1943
Monday, February 15, 1943
+
District—Philadelphia—
'
Pa.—Altoona
1,884,189
..
Bethlehem
4,183,016
Chester
2,142,550
12,149,468
f,
Harrisburg
Lancaster
2,223,375
Philadelphia
Reading
Scranton
_
2,504,000,000
5,743,777
10,904,454
Wilkes-Barre
5,545,481
York
8,853,277
Pottaville
1,392,314
Bois
2,670,563
Du
J.—Trenton
17,241,100
-
2.0
1,577,008
I-:':'
''
452,462
'
10.067,408
—13.4
6,001,103
5,617,506
8.9
2,317,010
1,823,018
2,039,000,000
1,816,000,000
1,594,248
+
546,000,000
.*
6.2
+
1,501,121
605,000,000
+
10.8
1,849,753
0.5
501,740
2,116,655
8.8
—
—
—
5.7
7,777,720
6,813,941
1,260,208
1,244,873
+
1.2
1,529,131
1,330,544
2.8
—
—
11,415,896
11,779,633
2,726,180
2,648,714
+
2.9
2,482,272
2,135,408
877,340
1,077,754
.+
3.5
4,891,300
4,519,980
4.5
6,428,539
5,656,739
1,238,740
2,211,556
6.2
+
-v
Ah
+
7.2
1,159,611
2,109,419
1,327,940
+
v'
+
4.8
1.507,508
1,234,018
1,297,282
1.6
546,662
814,523
9.4
2,766,320
2,548,043
4.4
19,927,186
16,702,614
—29.9
20,920,100
17,755,000
+
—
—
20,879.993
24,603,300
19,969,971
Del.—Wilmington
N.
r 1,923,444
10,844,627
i
7.8
+
.
711,826
2,946,960
723,556
Hazleton
2,323,990
11,908,384
7,383,184
2,409,025
2,438,576
2,517,000.000
6,093,599
11,219,245
5,359,143
8,470,965
1,311,118
2,194,204
Norristown
>
6,390,242
Lebanon
\
—
1
*
'
5,730,800
4,335,700
"+*32.2
3,234,800
2,881,800
560,927,061
'
+ io.8
474,007,446
396,866,641
,
\
Total—(17
2,608,211,537
cities)-
.
•
0.9
—
2,632,398,796
1,909,291,609
2,144,372,578
621,581,914
g:
'v;':+
Fourth
Reserve District—Cleveland-
Federal
+ 11.0
303,693,316
269,137,184
96,111,411
85,068,400
+13.0
62,664,603
54,163,997
719,965,399
+
13.9
548,811,493
456,430,775
178,193,340
144,123,931
+ 23.6
112,637,172
89,240,587
60,184,200
57,492,700
+
4.7
49,472,700
45,351,100
15,416,000
12,666,900
+ 21.7
11,799,500
9,378,600
3,452,912
3,465,205
0.4
2,529,532
1,927,431
—
Hamilton
8,411,042
<
Youngstown
920,163
1,099,630
—21.0
8,612,337
7,918,607
1,998,834
2,386.113
+ 21.7
1,925,854
1,628,870
8.8
12,678,976
13,015,315
3,245,957
3,688,879
—12.0
3,037,348
2.435,550
—13.2
15,455,928
5,788,919
5,098,413
246,525,834
194,604,039
+ 26.7
171.791,812
114,707.043
544,898,219
450,264,304
+
21.0
366,637,986
273,671,337
—
5,917,716
1,463,662
1,084,083
—12.9
817,912
656,744
961,759,352
859,111.498
+ 11.9
712,483,076
561,223,791
10,961,898
10,157,125
+
7.9
8,066,512
7,409,152
12,981,801
12,398,504
+
4.7
9,820,471
13,472,482
17,545,863
18,994,163
—
7.6
13,373,687
13.503,048
7,283,756
7,470,581
—
2.5
7,071,754
6,444,325
2,402,831,350
Co.
30,163,418
944,281
Toledo
6,816,171
1,384,918
.
Pa.—Beaver
2,157,721,529
+ 11.4
1,722,024,782
1,434,032,767
Greensburg
Pittsburgh
Erie
City
Ky.—Lexington
W. Va.—Wheeling
Fifth
—
(17 cities).
Federal
Reserve
5.4
'
,
1,473,356
2,130,032
3,128,170
8.6
+
4,016,285
4,363,141
449,839
716.005
23.0
16,353,000
11,421,000
5,956,000
5,308,000
+ 12.2
3,911,000
2,305,000
+ 17.5
217,119,450
183,915,928
67,910,542
55,112,539
+
23.2
45.961,348
36.361,081
8,801,342
+ 16.7
7,928,608
6,009,878
2,285,297
2,093,377
+
9.2
1,540,591
V 1,193,025
13,337,627
Greenville
12,484.473
+
6.8
10,916,709
8.487,952
9,836,556
+
+
33.5
10,018,204
2,147,590
C.—Washington
Total
(9
Sixth
Federal
153,183,173
—
cities)
6,923,263
6,182,839
408,686,865
343.332,231
141,142,824
105,719,562
8.1
2,021.155
1,853,503
8.2
132,187,283
107,137,093
34,130,175
34,1)49/712
—T.I
+ 10.4
805,264,503
670,470,456
252,549,641
203,997,551
+ 23,8
2,337.636. L
f
■
166,815.884 .' C
;r;
983,806,556
1,086,602,070 10+:
Reserve
1.9
13.2
504,198.844
570.649,542
Frederick
h
41,995,946
126,739,624
100,685,081
83,125,333
37,076,225
336,697,000
270,900,000
120,500.000
6,826,674
6,692,616
2,229,086
7,525,661
4,982,093
503,100,000
435,400,000
+ 15.5
Augusta
9,464,732
10,885,485
—13.1
8,898,215
7,304.309
+ 21.8
Macon
Fla.—Jacksonville
176,923,430
Tampa
11,558,429
;
Montgomery
Miss.—Hattiesburg
6,653,752
4,213,925
134,989,762
101,183,016
20.4
8,221,133
2.1
122,846,573
102,614,333
9.259.624
0.1
5,380,597
2.6
12.461,000
Seventh
Federal
11,775,000
8.4
10,163,986
,:
-
16,703.129
53,800,000
1,362,878
1,230,738
7
+ 49.2
1,6871283
'925,650
27.732,000
20,736,000
:7
-
+
1.0
2,166,202
16.1
873.672
826,462
268,717,027
1,262,232,943
■:;<
3,707,035
1,826,324
936,175
+
34,817*955
:+:
y
25,731,732
20,403^356
2,316,778
"+1+3
1,777,960
•
.?
+ 34.6
9,048,757
3,170,255
1.459,677,597
Reserve
•
5,132,000
6,940,022
11,602,000
331,615,258
cities)
21,592,837
/ 73,600,000
,
4,429.914
1,087,075
Orleans
.'//'. 27,218,000
4,833,329
4,968,704
o
—28.9
TieT
.
4,938,340
3,202,636
Vlcksburg
O
1,972,568
-
39,*7*97*455
12,153,957
10,784,087
Mich.—Ann
129.195,907
173,576,968
+24.5
8,032,733
+
6,935,250
Meridian
+29.7
3,136,207
:
40,610,225
11.909,000
Jackson
28,596,710
96,800,000
"'2,300,000
+ 47.4
14,512,746
•
T
;
+
169,254,167
21,385,554
Mobile
,
+ 21.5
9,601,428
172,887,512
Ala.—Birmingham
:
19.0
+
7,157,553
145,618,414
8,519,193
(16
66,663,130
22,223,782
+ 23.1
6,583,402
8.103,157
24,949,467
10.0
+
Columbus
8a.—Atlanta
22,043,475
+ 28.7
32,618,738
139,411,300
Nashville
Total
90,234,058
31.2131956.
District—Atlanta-
Tenn.—Knoxville
—
+
—
"
~
23.4
209.275,348
189,275,348
72,406,619.
+ 15.6
1,001,769,864
823,585,953
328,283,744
2,139,636
763,575
+
.
v
264*781
*17*2*433
47,525,647
37,224,386
*"+""6.7
255~526
**27*2*637
63,299,647
+
.-k
14.5
266,387,050
+ 23.2
206,782,640
157,806,981
693,801
+ 10.1
706,153
382,385
4,406,576
3,865,389
"+14.0
3,688,580
2,8*21*560
2*50*6,144
2,603,354
2,080,101
1,582,821
District—Chicago—
Arbor
1,381,027,787
7,802,821
-
4.8
2,128,700
+ 45.0
2,389,453
2,503.721
Detroit
682,388,776
+
952,657,483
'
4,740,364
15,346,858
+15.3
2,950,825
2,544,250
+ 21.4
8,029,492
7,215,380
4,702,708
+ 28.2
3.352,281
3,127,681
3,712,799
„
5,201,208
16,802,216
3,545,786
11,874,134
6,030,543
Citv
+ 40.1
+ 10.8
14,419,496
Lansing
Muskegon
5,567,683
18,563,353
4,089,346
Rapids
Jackson
3,863,690
3.9
3,261,966
2,778,048
—
12,792,638
10,894,725
+ 17.4
9,569,236
8,015,146
21,967,665
Wayne
Gary
T
507,174,697
20,565,344
Flint
Iud.—Ft.
+
13.9
252,998,536
10,267,620
Md.—Baltimore
La.—New
914,361
1,124,803
22,317,000
297,227,173
C.—Charleston
Columbia
Bay
v
.1,129,066
25,408,000
Richmond
Grand
20.236,965
24,616,704
9.2
+
—
District—Richmond-
Va.—Huntington
Va.—Norfolk
D.
—17.8
10,650,229
14,099,853
32,923,697
Newark
8.
—
1,349,097
1,109,429
Lorain
Mansfield
Total
2,116.740
2.781,697
+ 25.0
2,726.042
3,406,843
388,472,309
819,822,811
Cleveland
Columbus
W.
9,813,916
11,958,697
3.7
—
431,319,539
Cincinnati
Oil
13,211,457
12,728,282
Ohio—Canton
21,111,458
+
4.1
18,600,298
—
,
3.7
2,740,966
2.487,924
+ 10.2
2,001,702
1,589,657
24^688,000
"+"8*2
2ll6l"2,000
'16,154,000
18,057,354
+
0.6
94,866,785
26,703,000
South
Bend
14,040,301
12,103,089
+
16.0
10,541,258
8,872,522
3.326,450
2,563,865
+
29.7
2,710,298
1,782,514
Terre
Haute
37,937.015
34,438.956
+ 10.2
27,059,672
26,898,390
9,228,593
6,731,821
+
37.1
5,902,792
5,210,351
8,649.161
8,092,322
+
6.9
7,074,524
6,321,235
+
16.7
103,645,463
98,793,086
34,246,326
29,194,700
"+1L3
23,4121870
20,672,135
+ 16.0
1,981,808
1,703,908
3,428,660
3,331,008
"+20*. 2
1.3*1*1*310
5.9
10.466,410
5,269,706
+ 24.7
3.866,824
397,255
+ 29.4
595,016
314,806
8.8
327,015,689
272,138,787
+ 29.9
1,051,676
911,479
+ 20.5
4,198,322
3,793,464
3.9
1,660,680
1,147,047
+ 21.1
1,401,621
1,212,785
+ 10.0
413,662,044
Indianapolis
124,523,257
123,813,001
(
103,594,738
'
Wis.—Madison
__„i
Milwaukee
142,442,137
122,064,202
Oshkosh
2,438,760
2,101,886
Sheboygan
4,079,893
4,319,736
5.6
—
497.450
Watertown
725,915
5.2
504,309
Manitowoc
2,157,562
1,813,049
+ 19.0
1.628.254
1,387,079
7,515,612
6,740,282
+ 11.5
5,938,073
5,027,094
2,073,416
1,725,529
53,267,135
58,628,734
9.1
42,344,098
41,150,169
14,317,035
13.521,617
(a.—Cedar Rapids
Des Moines
Sioux
City
25,779,197
Ames
•
765,399
—
22,683,236
853,791
2,705,786
1,919,687
+
909,841
2,671.949
_
—
2,088,129
13.6
—
16,926.034
16,357.386
6.2
880,774
2.164.447
1,893,402
1,714.907
1,594,959
1,*14*8*201
8,881,428
.
3,365,149
964,827
1.2
6,573,122
+
.
111.—Aurora
Bloomington
Chicago
1,809,538,001
Decatur
6,207,135
Springfield
Sterling
Total
(31
cities)
*
,
8,896.949
7,838,218
791,488
;
24,833,728
8,339,863
769,610
3.757,881.944
3,342,108,053
8.1
.
514,025
-
1,538,814,560
1,451,418,099
422,216,963
388,182,335
—10.9
1,597,423
1,230,162
—12.9
—
6,967,342
7,449,996
_
—
1,854,364,090
21,641,929
Peoria
Rockford
—
.
2.4
5,863,183
4,513,343
18,454,413
17,132,822
5,409,815
4,488,699
6.3
1,849,343
1,924,279
1,688,865
1,395,136
540,161,637
+
490,963,622
7,628.928
5,365,312
5.0
6,667,168
5,700,019
2.8
728,396
+ 12.4
2,659,868,665
2,365,612,409
—
684,100
—
—
+
-
* w
*
■*
353,108,569..
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
157
-Month
1
;
.
>■-■
.
•
Clearings at—
1943
S
Eighth Federal Reserve District—St. Louis—
Louis
642,913,423
Cape
Independence
;
-
Ky.—Louisville
'
Tenn.—Memphis
—
111.—Jacksonville
"/
■>
•
$
$
/
*
439/919,013
5,031,282
+
'
'
Total
(7 cities)
'7.9
Federal
Reserve
41,599,642
58.355,877
36,625,396
335,174
809,000
268,603,006
660,802,806
797,589,029
j;
t
St. : Paul
1.432,000
Falls
+
Great
V
4,056,461
Mont.—Billings
-3,682,282
Tenth
District—Kansas
Reserve
Lincoln
.'-,833,400
7
1,220,451
936,160
3,269,280 >
3,638,998
->>.
-3,522,214
2,948,092
14,882,520
1,003,314
*
1,389,672
1,682,019
+
12,998,220
12,270,249
\
/ 23,301,619
21,094,129
3,257,283
4,475,158
732,045,447
613,526,330
Topeka
"
Wichita
.*,
—
>
Kansas
V
—
:
Mo.—Joplin—
!:
City
*
—
X.
6t.
Joseph
'
;V
•
26,092,824
;
Carthage
Colo.—Colorado
Springs
Denver
-'
46,185,052
995,394
.
9757I76
.V"
;
83M29
663" 184
-■■j 3,6367771
3,624,939
+ 18.4
105,931,300
89,973,815
—
195,420
354,495
185,555
+ 91.0
202,679
132,507
11X597126
11,040,733
3,837,911
3,196,238
+ 20.1
2,788,612
2,611,111
133,105,982
64,490,168
44,349,949
+ 45.4
32,343,229
28,221.034
2,771,296
142,*565,560
f
:
2.9
•„
143,246,735
169,541,516
>■•
2,742,747
3,020,624
97 2
3,029~638
13,467,060
5,951,193
5,204,057
+ 14.4
3,314,651
2,562,006
132,2347328
+ 32.0
94,105",749
77,22l" 504
4,399,719
1+40.2
3,347,118
3,107,769
X+3X8
552,173
637,553
810,170
674,593
140,612,269
118,034,259
466,891,561
:+27.3
■"409,526,711
16,866,587
•
174,5587731
1,611,458
858,206
: "
34,291,450
35,528,434
38.9
»
2,550,459
141,374,433
+
•.
7847735
1,097,160
2,821,319
129,760,220
V
1,545,237
"
>
796,289
2,957,308
3,175,132
2.2
+
"
-
4.2
;,+
6,168,806
15,465,280
"*
1,297,111~
7.9
,+ 18.2
2,909,803
1,646,756
:
94,886
2,578,704
'+35.6
—
118,250
10,356,072
.
2,813,422
+19.3
I
4.6
+
774,309
'
10,647,186
'>15,198,069
«+10.5
186,748
686,589
* *
"
5.9
*+
864,756
1,071,133
•y-
—27.2
3,770,451
n
2,1
0~.5
+-
4,470,266
-
4,446,591
-
468,147
V
173,096,589
3,928,318
Wyoming—Casper
"
-i
13,632,857
*
.
665,005
~
488,636
+•45.5
808,246
4,042,260
—
—
743", 572
1.3
260,024
—17.4
50,171,393
204,554,006
-
—
Pueblo
.
2,4067I58
"
472,768,059
—
20,489,962
1,095,614
>'
JT—
+
1,204,822
"
!
Okla.—Tulsa
27846",887
234,580
+10.2 '
13,872,885
186,955,381
'
'2.7
—
'7.8
974,773
1
22.984,207
'
14,953,403
Parsons
.
26,266^993
7+52.5
'
537,376
272,039,731
—
——„
Kan.—Manhattan.---:-:--—
.
16.7
504,939,245
20.1
+
i
'
Omaha
:V
•
37056,050;
7
+
"
City-
819,474
—
2,644,531
56.985,791
"
-
—
2,957,190
68,643,458
6,965,131
+16.9 :
308,637
Federal
Hastings
8.8
~+
079,010 ~
37
2,974,875
3,244,410
7,347,779
+ 23.8"
669,332,312
Neb.—Fremont
131,026,367
+ 21.3
+
704,788
\
8.3 i
•
4,756,018
737,772,679
(16 cities)
521~000
a
'
—
Total
171,478,071
1,012,000
950,000
v-
+14.9 >
16,651,307
Lewistown
»
1,054,000
r-
0.7
4,422,675
5,562,044
.
vx 1
T
" 576",000
•
+ 18.6
93,341,519
43,264,547
9,369,329
11,272,466
+15.3
20,615,843
Falls
Helena
+
611,193
5.6
—
1,081,318
Huron
585,600
+ 47.0
11,445,088
!+«—.+++'-.
-
19,717,386
"+ s".3
•
1,709,181
9.7 ■'
—
-
950,389
4,759,074
4,723,641
D.—Aberdeen
120,403,296
1,468,973
5.9 >
+
1,517,000
>
L
Sioux
34,687^981
29.407,833
3,119,892!
1,778,827
.
8.4
—
.
13,748;342
!
D.—Fargo
1,801,660
8.6
—
'
3,395,762
113,243,896
+' 4.1 J"
2,019,505
472,644
Fergus Falls
12,524,312
293,399,179
126,458,557
+T3.0 t.
165,313,627
Winona
8.
-v
•
"
12,751,387
314,454,829
9.8
+
:'
1,841,773
Forks
4X794^238
226,549,273
2,400,000
2,469,000
r
8.9
+
14,629,428
425,415,487'
Rochester
Grand
+22.3
768,000
District—Minneapolis—
Minneapolis;
Minot
76,100,000
300,796
•
3.0
+
1,032,590,092
Minn.—Duluth
N.
96,700,000
+13.6
71,394,364
100,748,345
—27.4
3,360,000
v
163,522,312
144,566,305
•
'
xxy.
Ninth
+ 18.3
130,800,000
■
.
204,653,197
'
'•
0.7
—
545,084
' >X 1,124,685,566
-
$
$
536,461
615,058
4.7
+
•
180,682,537
3,460,000
?+
-
Dec.. Vo
4,265,255
802,701
271,579,271
154,800,000
389,029,637
7.4
—
r
Quincy
1940
1941
Inc. or
$
$
'
395,524
—
'/o'; /
1942
1943
1940
.+ 12.7
•
4,929,142
4,563,091
840,761
293,104,666
179,408,101
-
1941
-
570,691,357
-
Girardeau
Dec;
i
-Week Ended Feb. 6~
January-
Inc. or
$
.1
MOi—St.
of
*'
>
1942
786,394
1,559,268
TV.--;
'
Total
(17 cities)
Eleventh
8,589.256
Federal
1,108,274,743
10,533,942
8,701,265
6,749,078
410,975,976
376,604,923
.•
33,476,078
>
Reserve
a
.«*." 854,836,842
260,192,920
+ 33.9
194,348,347
2,465,315
769,717,358
*
2,104,558
XX
Texas—Austin ^
Beaumont
+ 21.8
1,349,324,452
v
—
—18.5
>
■
:+:
,
*
t
+.9.1
7,809,922 "
8,930,494
•,
'
'
28.9
.+
r-
+ 17.1
2,596,729
1,564,866
~+~~7.8
60,888,203
5^070,309
4,570,681
5,078,569
" 287,023,000
'
Dallas
256,309,000
';
87,554.126
7
'
El
Paso
Ft.
37,040,794
1
■
Worth
\
» i/V
;■
22,874,388
28,533,129
117939,205
10,554,318
"+"13.1
77874,145
10,403,000
11,321,000
2,409,000
3,015,000
—20.1
2,534,000
1,778,710
243,084,282
217,942,952
1,971,894
—75.6
>
31.925,682
/"» 32,056,563
;
+ 10.6
45,447,952
11,894,000
11,100,863
2,086,798
""993,366
'
Galveston
11,628,000
v
2.2
—
,■
6301,342
'
Houston
Arthur
Port
317,747,821
Wichita
3,238,649
Falls
+ 16.9
-
4.966,725
1
Texarkana
>>?-.
+14.9
2,770,229
364,984,351
5,773,142
2,320.147
1,149,714
1,313,565
1,000,003
1,754,095
—14.0
:i
1,423,256
17,785,474
15,129,194
23,137,759
4,659,118
5,"2287940
4,134,585
2371,332
,/ 573,567,192
110,176,478
103,454,158
79,027,665
64,579,919
4,446,300
5,662,840
-
—27.6
3,203,302
;21,189,936
'
'
La.—Shreveport
"
f
.
•
/'.'
*-•
8.4
'
I!-
>
.■
.-v."
'
Total
(11
cities)
Federal
Twelfth
.884,735,962
V*.".
X
;>
6,330,628
:
.
—
-
6,183,250
6,881,205
—
0.3
■■••+
.
8.2
Dre.—Eugene
/'■<
1,900,000
•
'
-
I
-
Portia nd
8,067,401
■
Pasadena
:
■>
San
Santa
70,6627775
47,260,423
23,956,786
20,33"I7445
136,120,022
-3,143,494
V.
<
18,471,737
7,511.882
:-.V
10,888,921
8.5
19,148,073
16.790.370
+
10.1
4,268,480
3,906,000
—22.5
18,788,370
17,134,974
a—;
•
9.7'
+
4,124,811
3,311,504
3,411,993
4,"1347684'.
3,847,389
3,5267401
159,822,000
135,381,000
665,138,725
"•
239,266,000
3,203,062
197,"686,000
1
12,273,588
^
•'
1-3,604,970
•
5,997,251-
4,711,856
-3,541,476
699,883,116
-
8,542,609
14,418,161
17,335,717
■
'
2,809,487
3,144,297:•>
-6,889,377
6,859,104
1,280,215
-./, +29,6
1-2,386,846
9,598,853
3,801,854
2,940,069
2,335,403
1,648,777
1,888,194
2,423,981
—26.5
1,491,445
7,461,893
13,889,738;
12,5947635
9,789,214
+
+ 13.6
5,485,437^:.+
26,6837215
15,3057781
■
8,812,612
—13.2
-
+11.3
17,999,486
~+Yn.8
,
17,848,443
+r
4,115,969
Barbara
803,415
38,604,835
T«1
3,165,325
73,658.643
'
-
35,5057757
1,114,498
5,844,609
80,905,148
h.
>
—28.7
17,966,138
v
'
898,129,514
4,581,263
———.
Stockton
5,399,426
13,924,282
'
Jose
15,493,049
26,754,331
1,042,576
■+■ .':v
45,182,141
7 *+3~4.7
X + 38.6 ;+
62,266,630
1,444,753
1,110,000
18.0 >
+
-
■
1,020,461,784
'
Francisco.
-
9,804,720
5,942,482
6,315,293
83,897,865
3,486.601
+
168,888,382
+51.8 >?+
21,863,639
/
-1,504,000
■
+ 24,5
;
+ ' 9.5
30,052,909
.
•
.-
Riverside
'San
■:
•+
107,561,886
13,452,988
j."-
Beach
+/-
Modesto
■
+
6,9 87,034
Berkeley-,.
*
.
'
^
v
*
"
-
5,315;897
25,806,344
Ariz,—Phoenix
>
-
■
>
+
.:v'
M 1,894,950
166,093,830
4,175,349
r
6.7
~
229,447;371
.
117,830,982
Calif.—Bakersfield
Long
•
285,197,731
—
_....—
Utah—Ogden
-Salt Lake City
-2,036,000
•
■
201,877,349
'.
+ 11.3 +
-
■"•
.4
-2,207,475
"
'
i'
%i
5 644/555,321
.*
5.7
•
>4 +19.5
285,186;085
5,809,178
Ida.—BoiSe
+
2,814,619"
2,823,106
Yakima
>
837,338,226
•
340,804,875
4:}
Seattle
.
:
District—San Francisco—
Reserve
Wash.—Bellingham
»:
■
2,171,152
'
(1§ cities)
Total
1,932,796,857
(188 cities)
total
Grand
Outside New York
1,682,889,127
34,658,010,123
19,675,944,256
—
i
>
38,078,510,466
,
17,721,239,974
*
lt
.
1
1
s
•
*
+
-
9,252,647,944
/
14,327,368,153
12,592,447,060
4,078,687,353
--
1,161,520,906
?
^
346,294,820
v
--•26,659,261,701
128,287,085
:
9.9'
+11.0--
A
1
439,467,9-12
29,012,468,197
+14.9
.
'
'ri 1
,
1
«
'
(
n
v'
*
+
' -*■
,
r
•>
*
-
-Month
1942;
710,114,587
Toronto
>■
607,596,459
603,495,634
536,941,985 *
210,772,222
Inc. or
>.
; >
:+16.9
*t > ^ l+ 12.4
87,059,619
•>>>>/,"
-
$
Dec. 7o
-
—-—
>7
435,574,148
421,674,904
;*"
197,506.686
50,078,026
30,312,481
90,101,726
'
3
364,734,213
21,*938,398
*'
17,103,060
—
230,673,899
23,082,292
■}•;■ Ottawa
16,192,377
'
Quebec
■
:—
25,917,378
-,
St. John
«:
London
;
13,842,673
25,665,994
21,069,538
•
1,902,890
2,931,733
1—
+
9,432,359
'0.2
10,565,580
>
.h
7,970,783
V
>+*8.7
i
V
'
7,211,529 1
11,883,741
>
:
-t.
19,657,971
+ 15.9
■
11,003,725
2,754,677
6,974,900
3,376,380
4/697,964
"
4,464,470
'4,447,808
!
3,677,770
3,778,968
1,829,449
1;
3,064,189
1.280,083
<
'
+ ' 6.4 *
•■'
•+
17,422,172
14,333,460
16,105,961
'+-•3.5
•
4,687,754
1,498,027
/
•
2,081,674
-
9.6 •
5,858.025
'
•
1,264,489
2,008,543
•
5,722,795
•
'
Fort William
■
+10.2
*
2,930,754
• •
'
2,583,616
•
*
*
'
:
——
Westminster
Medicine
21,937,822
9.2
+
7,644,518
—
—
Moose .Jaw
Brantford
New
26,097,146
"*
•
■-,
"
""■"
13.650,359
25,917,378
—
0.2
-
Hat
————-
;—
:
v+
0.4
'
"
•
3,797,245
+
*
2,997,450
2,879,449
42.9
"
2,689,806
1,272.960
H 2.7 '/
.
3,982,782
4.232,718
^
-
•
19,431,538
*•
25.442,847
+12.6
18,176,804
1,970,595
Saskatoon
-
12,453,291
'
12,292,886
27,895,901
—
—
Lethbridge ;
,
19,995,466
4
_—
Edmonton
Regina
■v'V Brandon
.
.
'•"
5.2
*+ *2.4
■>
■
;
87,541,113
199,490.204
—16.5
8,196,016
:——
'
v
71,817,913
"
~
'•
+
9.968,490
8,215,621
—
Victoria
28,432,423
10,890,303
—
Calgary
>
.
209,349,069
77,'502,862
"*+*5.6
31,028,499
29,127,249
Hamilton
•
,
158,721,421
>'
"
Halifax
•:
'
+11.3 '
933,061
'
Peterborough
;
-
Sherbrooke
!'■
r-—-—------
Kitchener
* :
'
J
————
2,038,627
3,496,399" :
3,074,578
2,914,008
1
Sudbury
—-—-
'
1,982,280
4,600,204
—
1.5
'
4,972,751
l+ 47.0
••
■
—
'15,-464,708
-
r
"
1,631,461
,
13,944,812
1,448,644
.
'
3/427,011 * ''
•
'
3,324,649
2374,985
!
'
2,687,301'
1,888,492
1,955,791
7.5
•
4,299,049
-
*-t..
4,290,874
.
•
167,464,533
+25.2
:
34,659,695
29.2
19,754,027
+ 51.5
69,370,223
37,617,840
+ 13.6
5,719,429
4,996,264
+27.2
3,070,702
7,834,450
8.2
8,459,339
7,263,223
4.3
7,350,748
8,507,453
59,486,259
-31,858,903
,
'
>-+
6,067,542
3,663,473
;
;
6,893,793
4,660,794
7,804,355
6,676,142
2,596,933
2,165,276
3;802,890
8,412,994
5,006.363
494,428
447,426
1,781,744
714,833
850,626
1,101,843
823,204
674,226
840,349
1,092,424
949,295
4,331,133
531,852
1,424,757
8,505,878
>/
+:
v
>
6,398,911
2,356,667
'
■
i
,—
+
V
.
/
747,593
-
4,699,695
16.5
3,850,518
4.052,781
368,234
560,765
513,306
9.1
1,516,626
1,455,118
+
>
344,322
-7
:■
4.4
578,321
589,097
20.3
1,026,814
1,399,482
5.0
980,423
848,767
—
1,202,812
i
834,887
v
t
t
515,963
> '>
1,134,122
255,255
205,692
37.3
677,345
590,442
9,2
785,988
—29.2
1,186,791
1,363,250
+
17.3
3,198,068
2,895,974
+
;
f
—
3,691,400
!
666,815
+
1,341,239
•'
6.7
+ 95.8
-
>
612,177
:
-
340,881
+
—
:
1,067,479
1,049,572
'"882,626
2,196,050
4,187,329
1.8
—
.
1,632,650
>■.
4,584,446
■
—18.3
/
623,605
2,813,421
+
•
503,531
•
1,968,098
30.1
+ 33.6
,
4,297,156
"
5,564,382
1.8
+
.
>•■
6,296,835
>
2,539,211
+10.2
+
2,127,090
.
■
.
2,923,481
.
/
+
716,940
3,1
433,657
341,450
+25.6
-
843,327
1,062,326
2,7
745,028
769,573
692,883
695.048
460,733
506,236
*
f
787,061
J1
556,107
>
-
+
:
'*.'
i.
'
•
t
-
522,927
+■
+14.6
I + 23.-2
-
.
1,080,622
+15.0
952,968
"461,796,470
/ ■■;■:/+ 36.5
421,136,408
iimm
"
■
55,734,651
"+37.4
-
V
245,998,397
103,572,541-
+
=
,
;,
808,272
637,267
644,333
•/,',.- 1,242,785
2,469,354
2,420,337
•
—13.6
•
*
'*.
—
4,640,723
4345,130"
3.3
•
3,166,156
'
*'
*
*
+13.2
'
3,*357,463 '
'
1.8
2,567,646
2,*570,396
,
.
•<;•
% 10.9
;
5,192,564
3,443,648
—_—
2,306,830
: 3.7
+"2.7
—
2,656,806
—
•
5,586,376
16,799,927
5,019,487
——
Monr.ton
Chatham
4,144.032 >-
5,487,275
Prince Albert
Kingston
3,276,512
4,257,083
18,636,393
—
•
;
1
;
Windsor
•
'+
3,398,058
—.
-
137,493,969
s+53.8
.150,928,689 >
128,380,831
,
40,003,833
22,064,017
V-
>>"• 195,052,688
395,670,957
549,*569,830
"*
'+29.4 yy
.*'+58.1 >
$
-
'
Vancouver
1940
Inc. or
>>-
.1941
>;
X
189,437,558
112,626,858
Montreal
Winnipeg
4
4,913,433,763
2,268,805,072
Week Ended Feb. 4-
of January-
Dec/ l,'o
-\*.
>
224,200,676
6,054,574,428
2,822,311,872
■
V
1
*
$
■
+17.7
S
JANUARY, AND FOR WEEK ENDED FEBRUARY 4, FOR FOUR YEARS
CANADIAN CLEARINGS FOR
Canada—
274,883,700
26.9
+ +..32.8
6,968,890,382.
3,463,937,991
.i,.,
887,061
v
*
j
.." Total
(32
•Estimated. "
cities)
1
—
2,262,189,995
1,903,066,931
v''
*+ 18.9
" '1,641,216,201
-
•
'
630,461,944
1,404,217,724 '
\
.
+
■
,
603,991,487
!
THE COMMERCIAL & FINANCIAL CHRONICLE
638
Per
(Continued from page 633)
Name of Company
Per
Corp—
Mfg.
Atlantic
Refining
2-33
3-
2-20
75c
3-
5c
;
(quar.)
3
$1V2
3-
3
$1%
3-
3
Sunset
Corp.
2-25
3-15
3-
4-
3-19
25c
Stocks
Allied
Trusteed
United
5V2%
Utica
...
3-10
3-
10c
3-10
3-15
3-5
$1%
3-15
3-
3-
1-30
21C
1
5
4%c
2-10
25C
3-15
3-
1
25c
Shares.——
3-15
3-
1
3-
1
2-16
3-1
273/2c
50c
-
_
2-
$1
_
2-
8
1
'
Norman
Van
Raalte
Co.,
Chemical
Co.
West
Mills
Canadian
80c
3-20
3-10
50C
3-
1
2-17
$1.75
3-
1
2-17
—_
(quar.)
(quar.)
—
50c
2-15
1
2-18
3-15
2-
9
Hydro-Electric Corp.—
$20c
Grocer
(Iowa)——
Co.
3-
1
2-20
$l'/4
3-31
3-15
3-
1
2-18
20C
3-
1
2-18
$l'/4
(quar.)——_
5% pfd. (s-a)
(quar.)—,.———
participating preferred
West Indies Sugar Corp.,
Western Auto Supply Co.
Western
1
3-
50c
—:——
—_—...
3-
50c
___
(s-a)
Virginia Fire & Marine Insurance
Wamsutta
25C
Co.————
common..
7%. 1st preferred
Vick
Tool
Machine
4-
1
25c
——■—
Western Tablet & Stationery—
5%
preferred
Western
(quar.)
——m
15C
6</o conv. pfd. (quar.).—.
Westgate-Greenland Oil
(monthly)
Utilities,
Wheeling
Will
&
6%
—
Co..
2-10
3-15
2-15
3-
2-
1
9
2-15
2-10
20c
—_—
3-10
2-27
2-
$iy2
2-
$i
.
1
1-26
1
1-26
$iy2
—
5-
1
4-15
$i
(quar.)
Common
5-
1
4-15
8-1
7-15
,$iy2
(quar.)
$i
(quar.)"
Common
Extra
6 %
6%
7%
7%
& Light
Power
:.
10-15
1
10-15
3
2-15
3-
3
2-15
3-
3
2-15
$5.25
(accum.)—..
3-
$4.50
$1.75
3-
3
2-15
tlOC
(quar.)
paid.
this
announced
2-26
3-
1
1
2-13
Insurance
preferred
4-
2-25
1
The list does not include divi¬
week, these being given in the
preceding table.
Per
When
Share
Holders
Payable
of Reo.
1
Concord
3-
1
2-15
15c
3-
1
2-15
10c
2-20
2-
3-
1-30
(quar.)___^.—'_
Wire
Co
25c
(s-a)
com.
Allied
Kid
Portland
Co.
4- 1
3-15
1:7
"■
$1.75
(quar.)
Arch
Co.
3- 1
25c
Cement
Industries
American
2-15
$$1%
____
2-17
2-
3-
1
3-10
2-15
Co.
(quar.)
15c
______
Co.—
2-15
(quar.)
v
(irregular)7—:
>
3-.
7%
Can
Co.,
preferred
(quar.)
75c"
(quar.)_
common
™__„™_™____:1 '
2-18
2-15
4-1
$1%
1-21*
3-17
______
$5.50
Capital Corp.—
Blue
Ridge Corp.,
Bohack
(H.
conv.
of
pfd.
3-
(interim)—________—
(initial)
Manufacturing Co.
Boston
Fund,
Boston
Woven Hose
Rubber
&
Roller
Bower
of America
American
Common
(quar.)
Common
(interim)
Shoe
Bruck
Silk
Co.,
(quar.)
Inc.
Brunswick-Balke-Collender
______
—7——
Co.,
3-
3
2-25
7 3-31
2-25
preferred (quar.)
Buckeye Pipe Line, new common (initial) __
Buck Hill Falls Co. (quar.)
;
Bunker Hill & Sullivan Mining & Concen¬
Service
6%
Ltd.,
A,
B
;
preferred
3-1
7%
(s-a).__ 7
preferred,
,—
7.
: •
3-15
$6
preferred
$7
preferred
American
(accumulated)
$2.50
$3
General
12-1
:
6%
Hide
pfd.
(quar.)
American Home
American
2-18
3-15
2-18
2-15
2-117:
50c
.
preferred
(quar.)
3-1
75c
(s-a)__
(quar.)
American Nat'l Bank &
Co. 7%
pfd.
$1.75
3-15
3-
$1.75
6-15
6-4
,____™_™
$1.75
9-T5
9-
3
1%
preferred
(quar.)___________________
$1.75
12-15
12-
3
5
American Radiator & Standard
Sanitary—
—X
American
Re-Insurance
Extra
40c
American
Rolling
Smelting
Steel
American
Stores
American
Tobacco
Class
2-15
2-
5
77 10c
—__—
American
2-23
2-15
2-
5
(quar.)
B
Extra
on
American
$5
Mill
&
and
&
class
(accum.)
convertible preferred
6%
1st
1%
(quar.)
preferred (quar.)
Topeka & Santa Fe,
Atlantic
1
7-
6
6-19
7- 6
6-19
3-
3
3-
3
2-20
Line
3-15
3-
-
.
31 >■
:
71 .i
3-12
2-11
3-
1
2-11
3- 2
1-29
-
3- 1
2-20
2-15
8
& Texas Pacific
$5
3-
2-13
$5
preferred (quar.)
5% preferred (quar.)
-r
v-
s-t
preferred
preferred
preferred
$5
Co.
convertible
Mines
preferred
(interim)
&
Gas
&
Iron
Elec.
-preference
preferred 5%
Corp.
40c
2-15
2-28
2-28
2-28
4-
2-27
Fairbanks
Falstaff
3-
1
2-15
2-
1
3-31
3-24
1
3-23
1
3-12
Co.
6%
1-30
(Marshall)
3-
2-16
1
6%
Fifth
2nd
Avenue
Co.
com.
8
2-18
2-
8
3-1
2-18
(quar.)________
First National Bank (Hartford)
(quar.)_
First National Bank (Mt. Vernon, N. Y.)—-
2-15
1-30
First National Bank of Pittsburgh
2-20
First National Bank of St. Louis
Fishman
4-
2-
2-15
preferred
12-15
2-
2-15
3-
5
2-
Florida
1
2-15
6-
1
5-15
9-
1
8-16
12-
1
II-15
3-
1
2-15
4-20
preferred
A
prior
prior preferred
6%
prior
(quar.)_—
(quar.)_____
•;
preferred (quar.)__—
Fort Pitt Bridge Works
(irregular)
Fruehanf Trailer, common (quar.)
bf/c convertible preferred (quar.)™_
Gabriel Co. (irregular)
Gar Wood Industries, 5% pfd. (quar.)—__
General Acceptance, $1 preferred (quar.)™
preferred
_____—
_________
33-
1
2-11
3-
1
2-10
1% preferred (quar.)
General Foods Corp., common
General
2-11
7%
1
2-25
2-10
2-16
1-25
1
5-15
6-
1-26
3-31
3-12
(quar.)____
preferred (quar.)
American
Corp.
3-
2-16
1
Industries
8
—1
$5
Corp.
Motors
(quar.)^
■
!
.
(quar.)
Steel Castings,
Steel
2-
Gibraltar
Fire
2-15
Gilchrist
Co.
2-10
Golden
1-20
Goodyear Tire & Rubber Co., com.
$5 convertible preferred (quar.)
2-15
1-20
2-15
1
)
j
Gorham
Gosnold
1-2Q
'
;
$2
400
1- 9
2-20
3- 1 7 2-15
44:
3-20
1
1
4-1
2-23
.,
3-31
3-31
2-27
&
Marine
2-15
2-18
25c
3- 1
3-1
25c
3-
1
2-18
3-15
3- 5
$l3/s
$1%
873/2c
3-15
3- 5
3- 1
-2-15
3- 1
25c
3-1
2-15
2-1
373/2c
373/2c
373/2c
4- 1
7- 1
6-13
10- 1
9-15
25c
3-1
2-1
35c
$l3/4
3-1
3-1
2-18
2-18
10c
123/2c
2-25
2-11
25c
2-15
2-
2-15
2- 5
35c
2-15
2-
3-
1
3-15
2-15
5
5
3-10
3- 3
3-15
2-13
3-3
2-13
73/2c
2-15
2-15
2-15
1-25
2-
5
1-30
3-12
2-11
5-1
4-5
$l3/2
(quar.)_
;
2-28
2-15
2- 8
-
$lJ/2
$l3/4
(accum.)
preferred
3-1Q
■
2-16
$1
373/2c
50c
—
$6 pfd.
Wares, 7%
2-19
$1V4
$l'/4
$l3/2
1-30
3-15
3-15
40c
common™_„___,
25c
6e/p preferred .series A (quar.)—,
2-15
3-31
3-31
40c
$1
series
2-15
75c
(s-a)
General
Cycle
3- 5
25c
*
Corp.,
preferred
3- 1
3-15
$1%
Co.
Metals
General
Participating
Corp.—
(quar.)(quar.)
(quar.)
—
General Cigar Co., common (quar,)—
General
2-15
preference
convertible
General
2-10
3-
series
3-15
$lJ/2
373/2c
(quar.)____
Pitt
$1V2
3-12
-
25c
—
5-
1
—_
(quar.)
1%
Power,
1
3-31
15c
(quar.)
(irregular)
common
6%
3-
1
—
(quar.)™—____—„_™__
Bridge'WorksFoster Wheeler Corp.—
Fort
4-
25c
(quar.)__
(quar.)
preferred
7%
9
Co.,
$23/2
7
L
preferred
$43/2
2-13
3-18
Co., Inc.—-5c to $1 Stores-
(M. H.)
Quarterly
Flintkote
4-1
$2
.
;—__—;
Fitz Simons & Connell Dredge & Dock
Extra—™
i
5
3c
$l3/a
$l3/a
(increased)
2-
1
.■
25c
(resumed)
Rubber
&
2-18
•3-
,
Trust Co. (quar.)
6% pfd. (quar.)
(quar.)___^—____—_
Coach
Tire
3- 1
3- 3
2-27
25c
$6
$6
6'/a
2-15
(Syracuse,
& Co.,
preferred
3-31
15c
7
(quar.)
Fidelity-Philadelphia
Field
'
2-15
11-20
3-20
2- 4
2-15
2-11
25c
50c
v
Bake Shops
1
25c
-
(quar.)
Y.)
5-22
8-21
12-
$1.25
(s-a)™_™_™;™.™-__™.,;':,7
preferred
9-
1
1
6-
25c
50c
(quar.)
2-19
Light & Traction, $6.pfd. (quar.)__
Federal Mogul Corp. (quar.)_____—
2-15
2-27
50c.
$75c
$1.25
:
2-15
3- 1
(quar.)
common
Farmers & Traders Life Insurance
General
(quar.)
2-20
(quar.)___
Corp.,
1-30
1-30
.
$15c
Federal
4-
Brewing
Federal
4-
&
y
■
]• y$1.25
(quar.)
(quar.)
Morse
3- 6
2-15
•
.
3-15
373/2C
$3c
$25c
123/2c
$1.063/4
—
Columbia Brewing Co. (resumed)
Columbian Carbon Co
Fuel
2- 5
3-22
3-15
2-15
3-1
$1.25
$1.25
873/2c
50c
(irregular)
Gold
2- 3
2-20
_______
(quar.)
$l3/2
$l3/4
Cockshutt Plow Co.-,
cum.
Co.,
$1
City of New Castle Water, 63> pfd. (quar.)_
City Water of Chattanooga, 5% pfd. (quar.)
Cleveland & Pittsburgh RR. Co.—
Registered stock
(quar.)___.
Special guaranteed (quar.)
Colorado
(quar.)
3-15
—
Quarterly:
Willans
2-15
75c
^:
__________
3-15 !
$lVi
$1V4
$l3/4
$l3/4
$1%
—
b% preferred (quar.)___
City Ice & Fuel, 63/2% preferred (quar.)
City National Bank & Trust Co. (Chicago)
b%
(quar.)
.
Railroad
6%
5%
Tractor
2-11
2-11
2-10
2-10
2-15
Co.™__„_
$5 preferred (quar.)__™__________™____
Eversharp, Inc., b% preferred (quar.)
Exolon Company
Fajardo Sugar Co. of Porto Rico (quar.)
Ry.—
preferred (quar.)
Cleveland
Watch
Interim
2-24
Cum.
11- 1
•
Erie
2-
Collins & Aikman Corp.—
1
3
2-24
50c
(quar.)__„
Copper Co._7_—___________________
b%
:
1-31
3-. 9
9-15
Cochenour
3- 1
3-1
3- 1
Extra40C
2-15
10-15
Cum.
»' v
1-30
25c
5-1
»
2-15
Quarterly
8- 2
*
Employers Reinsurance Corp.
25c
62y2c
(
I-30
Manufacturing Co.
National
_______
(quar.)
™™___™_w^_-™
2-15
Quarterly
5%
Steel
Elgin
6-16
623/sC
!
Eaton
3-17
New Orleans
(quar.
Products, Ltd.
1
2-19
Cincinnati
2-25
25c
$6.50 preferred
1-30
>
2- 1
2-17
3-15
2-15
3-10
4- 1
4- 1
40c
;
________________—_
Service, $6 pfd. (quar.)
2-
1
Co.
(quar.)
2-16
7-15
_____________________
Oil
$l3/4
37'/2c
$2
•
2-15
4-15
Cotton
preferred
7*^ 'preferred
Eastern Shore Public
Eastern
1
1
$ 1V2
$l3/4
$l'/2
$1%
$25c
<
•
Quarterly
Master Manufacturing--™..
Chesapeake Corp. of Virginia™
Chicago Yellow Cab Co. (quar.)
Chickasha
6%
Co
Eastern Utilities Associates
1
2-22
3-31
2- 1
1
4-
2-15
Corp.
Lock
1
12-15
(quar.)
3-
$3
Water—--•••...
Test
Eagle
3-
2
1
5c
(quar.—
2-15
3-
3-15
$2.50 prior preference
f-
2-15
3-
2-15
1-30
2-20
2-25
3-
25C
•
Inc.
3-15
2-10
1
7
62y2c.
1-29
2-27
2-18
$iy3
_
2-15
3-
1-31
3-10
2- 5
3- 1
$50c
(quar.)
Bradstreet,
East St. Louis & Interurban
Duro
,
8-12
-
•
(quar.)____.—_
2-15
3-
1
$2.50 prior preference
$2.50
2-22
2-15
2-25
Columbia
(quar.)
(quar.)
prior preference (quar.)™
,
3-15
Corp.:
preferred
&
preferred
2-8
3-
25c
$l3/2
7<; 15c
5c
15c
25c
25c
3-
1
3-
•
b%
Dun
1
25c
3-
4-
$4'/2
2-
9-1
2-15
4- 1
2-15
75c
10c
Ltd., common (s-a)
Colgate-Palmolive-Peet, common (quar.)—
$4.25 preferred (quar.)
50c
(s-a)
2-26
2-10
common
$1.50
$l3/4
(quar.)
8
$1%
Ry.
Dow Chemical Co.,
2-15
$l3/4'
•
Co
2-
'
$l'/2
common
3-20
1
'
preferred (accum.)
& Rockaway RR.
(s-a)___^____™_™_
Firestone
3-15
$1
35c
(year-end)
2-18
Rayon Corp.—
Charlotte Air
5
2-10
3- 5
25c
(quar.)
&
3-
50c
_______
(interim)
(increased)
Atlanta
2-10
$2.25
2nd
Atchison
3-1
75c
Dry Goods common
preferred
2-10
$l'/4
*
Co.
common
Equipment Corp.
3-1
2-
;
Amoskeag Co., common (s-a)_
$4.50
preferred (s-a)
4%
2-20
3
Smelting—
Archer-Daniels-Midland
Aro
1
25c
B
4-
75c
(quar.)
common
2-27
75c
Co.,
convertible prior preferred
Associated
2-15
3-
3-15
25c
common
Cork
3-15
50c
50c
"
Co
Zinc Lead
Armstrong
20c
v
Refining
Foundries
1
b%
Co.—
_____________
Corp.—
(quar.)_____________________
Century Ribbon Mills, 1% pfd. (quar.)—
2-26
3-1
(quar.)
;
American
3-31
Dover
Central Vermont Public Service
Chile
15c
$1%
'7;
3-1
>
■,
Chefford
4-14
(quar.)______
(|quar.)__—.
Service
;
7
4-15
(quar.)
preferred
•
(accumulated)
6% preferred (accumlated)______________
Central Paper (reduced quar.)_____________
Charis
preferred
1%
Illinois Public
preferred
2-19
1
2-27
3-
(
(quar.)
pfd. (quar.)
Dominion-Scottish Investments, Ltd.—*
2-19
8- 5
2-10
3-
$$l3/4
$30c
$$l3/a
—
Bridge Co. Ltd.
1
3-
5- 5
3- 1
25c
Dominion Foundries & Steel, 6%
4-; 1
.
3-
preferred
Common.
(quar.)
(quar.)
(quar.)
Co.
(quar.)
preferred
Dominion
N.
Rapids Manufacturing & Power Co.—
Quarterly
Central Foundry Co., 5% conv. pfd. (quar.)
Chain Belt
7%
7
Tractor
preferred
Champion Paper & Fibre, common
6% preferred (quar.)___
7%
_
7%
2-19
.
(quar.)_
Co.,
Caterpillar
2-
$2
American Paper Goods
(J. I.)
2-13*
1
5%
5
$$1.75
$2
$1%
(accumulated)
Telephone & Telegraph
3-1
1
2-23
' $$2
$25c
(quar.)—
$6 preferred
3-18
1
2-27
4-
,
Cedars
$6
2
Tube & Steel Products Ltd.—
preferred
Central
3-
3-15
,
1
2-15
5-15
75c
$1.25
62'/2c
Co.,
3-15
t25c
.4.^
(quar.)_____i__—__7_^.___
Cos.
6
3-
4$1,
:
3-1
(Chicago)-—
Semi-annually
1%
Oil
3-
,
25c
77; $l'/2
Trust Co.
2-11
.3-31
,
$1.50
7
-
2-11
1
77'
(monthly)_7.7T._77 7 20c
Products
2-11
3-
75c
Indemnity Co.
preferred
3- 1
7777.'- ..-7.77.'..
1
American Metal Co., common
6%
3-15
62y2c
Leather—
convertible
2- 8
3c
(quar.)
&
11-25
2-15
75c
preferred (quar.)
preferred
American
Case
8-25
873/2c
_
(quar.)___________
Corp., $2
Carolina
4
(accumulated)______________
American-Furniture, Inc.
Canadian
1
9-1'.
________
Co,—
3-
.
3-1
7 2-25
6- 1}7; 5-25
,7
___________
American & Foreign Power
preferred
4-
5
3-
75c
class A (quar.)
Dodge Mfg. Corp. (quar.)
Dominion & Anglo. Investment Corp.—
7
(quar.)
(reduced)
Canadian
Vortex
2-
2-13
»'• '
2- 8
3-18
1-22
7-22
3- 1
3-8
2-15
3-15
2- 5
2-15
2-16
5-15
8-16
11-15
4-1
7-1
10-1
12-23
2-1
2-15
2- 5
2-27
3-31
2-16
8-16
3-15
4-1
3- 1
4- 1
2-15
3-1
"3-1
6-1
9-1
12-1
4-1
7-1
10-1
12-23
2-15
8-16
(s-a)
&
Dixie
3-
preferred
2-15
Diem
2
3-
1-30
2- 5
37'/2c
•
participating preferred (s-a)
Wing Paper Co., 5% pfd. (quar.)
2-25
3-
2-27
373/^c
15c
t$33/2
flOc
___—
Ltd.
common,
3-9
(quar.)
preferred
participating
6fo
6%
;
6
3-15
1-30
2-27
.
Diamond Match Co., common
1
3-15
(quar.) ____________
$$1.62 3/2
Canadian Breweries, $3.40 pfd. (quar.)____
$85c
Canadian Foreign Investment Corp.—
6V2 %
2-
2-10
.
Equitable Life Insurance Co. of Canada:—
(quar.)
Canada Wire & Cable Co., Ltd.—
Class
2-15
3-10
'
(quar.)____
(quar.)—!___—___
Dry Ginger Ale
1-29
2-25
Co.—
(quar.)
preferred class A
Canada
2-13
3-20
7»"
Water
2-15
1-30-
$l3/4
_______
2-17
1
(quar.)
.
4-
25c
$iy4
35c
$2.75 convertible preferred (quar.) 7-_—L
68%c
$2.50 convertible preferred (quar.)
' 62%c
Burroughs Adding Machine (quar.)
15c
Butler Brothers,, common.
—______
15c
5%
convertible preferred
(quar.)______—
373/2c
Butler Water, 1% preferred (quar.)
$1%
Byron Jackson Co. (quar.)—
25c
California Packing Corp., common (quar.)__
373/2c
5% preferred (quar.)—
—___——_
623/2c
5% preferred (quar.623/2c
California
1
2-15
(quar.)__—___
common
Ltd.
Co.,
—
Duplan Corp., 8%
(quar.)
preferred
Seal
2- 5
1
2-15
3-15
2-15
2-15
3- 1
—
1-29
3-
2-20
.
7 $1.25
20c
123/2c
$5
trating
preferred (quar.)
&
1-15
2-18
2-11
3-
——
2-13'
2-15
;•
25c
Bunte Brothers 5%
Cork
2- 5
.2-15
..
$50c
Crown Drug Co., 7 % preferred (quar.)____
■ 43%c
Crown Zellerbach Corp., $5 conv. pfd. (quar.)
$1.25
Crum & Forster Insurance Shares Corp.—
7-: '
I'/o preferred (quar.)
;
$1.75
Crum & Forster, 8%
preferred (quar.)____
$2
Culver & Port Clinton RR.. (s-a)____________
10c
Semi-annually
10c
Cuneo Press, Inc., 43/2% preferred (quar.)—
$1 Vb
Curtis
Publishing, $4 prior pfd.
(accum.)
75c
Cushman's Sons, Inc.,
pfd. (accum.)_—_
$33/2
Dairy Corp of Canada, 5% pfd. (init. quar.)
$$l3/4
Deep Rock Oil Corp. (initial) _™__™_-_;
25c
Deere & Co., 1% preferred (quar.)
35c
Dentist's Supply, common (quar.)_
75c
Common (quar.)
;
75c
Common (quar.)
75c
Common (quar.)
75c
1% preferred (quar.)
$1%
7% preferred (quar.)
$1%
7% preferred (quar.)
$l3/4
7% preferred (quar.)
$1%
Derby Oil & Refining Corp., $4 pfd. (accum.)
$2
Detroit Gasket & Mfg., 6% pfd. (quar.V_
30c
Detroit Michigan Stove, 5% pfd. (quar.)
50c
'5% preferred {quar.)__™___™______-_™
50c
bfo preferred (quar.)
___7_—
50c
.
2-15
2-15
7v50c
,
common—
Burlington Mills Corp.,
2-15
1
(interim)$10c
Mills, Ltd.
1
1
23/2%
7 4d
lOd
f75c
7, $1.75
$1
—
(irregular)
3-
_______
1
2-
3-
.683/4c
7
50c
50c
Edison Co., Inc. (quar.)__-——
Fence & Wire, class A
Brown
2-
3-
50c
5Vo
Packers
Columbia
1
2-25
__
(final)
British
2-24
2-15
50c
16c
(quar.)
preferred-—
Tobacco,
2-24
1
2-15
$1
30c
7
—
—________
Bearing
Brewing Corp.
1
1
2-5
2-15
3- 1
2-15
2-15
1-29
2-5
3-' 1 -7 2-17
3- 1
2-15
2-15
1-30
—_
Bourjois, Inc., $2.75 preferred (quar.)_
British
3-
33-
3-
___________
Co.
2-13
1
2-28
3-1
3- 1
3-23
3- 1
3-15
2-15
3-1
2-24
2-20
lc
—___________
.
2-13
1
3-15
.
(quar.)—______________
Inc.
1
3-
3-
1
2-12
1-15
3- 1
3- 1
2-15
3-1
...
8
2-26
4-1
;.$15c '
873/2c,
.;
:
pfd. (quar.)
Mining &
...
1-31
4
(quar.)__
Co., 5%
Crown
2-19
_______
Milling
Crane
4
in cash
75c
stock_—___
common
C.), 1st preferred (accum.)_—
Borden Co,
Boss
$3
share
l/32nd
8%
(quar.)____________
$1.373/2
American Chicle Co. (quar.)
$1
American Envelope Co., 7% pfd. A (quar.).—
;;
$1%
7% preferred A (quar.).
$1%
7%
preferred A (quar.
$1%
,7% preferred A (quar.)_™_
$1%
American Export Lines, 5% preferred (quar.) y7 $l>/4
prior
2-
2-15
common__,________
,
American
2-15
3
3-10
-
Class
1
1
3-
________
Vinegars,
7 3-
:
1-31
Canada
u
2-16
2-
2-10
5
Extra
2-15
' 3- 1
3- 3
3-. 2
■
3-
"(Del.),
Starch,
3-15
1
$1V2
7c,'o preferred (quar.)
!——.—
-7 $1%
Bigelow-Sanford Carpet, common——_____
50c
6% preferred (quar.)
—
$l3/2
Birmingham Water Works, 6% pfd. (quar.)
$lJ/2
Black-Clawson Co., common (quar.)
•• 40c
6 %
preferred (quar.)—$l'/2
Blauner's, Inc. (Phila.), com. (irregular)___
40c
$3 preferred (quar.)™;—
—75c
Bliss (E. W.) Company, common (s-a)______
7
$1
5% convertible preferred (s-a)
623/2c
6% convertible preferred (s-a)__________.
75c
Bloch Brothers Tobacco, common—_______
30c
6 %
preferred (quar.)
$l3/2
& Sons (s-a)
Steel
Canada
;
Cresson Consolidated Gold
3-
2-20
1
',
Creameries of America, Inc., $3 V2
2-15
,
2-20
8
25c
5
1
(John)
Co.
2-28
1
Bethlehem
Power, 6%
2-15
3-
Bertram
(quar.
River
3-15
3-
3-
'25c
Quarterly
2-
2-
2-15,
.
$1%
(quar.)—___——_—
(quar.)
2-
2-27
2-15
$1V4
$l;5c
preferred
$7
$5 convertible preferred
2-17
3-15
3-1
of Rec,
2-27
$1.25
50c
75c
55c
60c
$l3/a.
10c
7%
3-. 1
________
3-25
15c
8
3-/1
(quar.)___;—7
30c t
Bathurst Power & Paper, class A (quar.)___
t25c,
Bayuk Cigars, Inc
37y2c
Beaunit Mills, Inc., common (quar.) _______
15c
$1.50 cumulative convertible pfd. (quar.)_
373/2c •
Belden Mfg. Co
37%c
Belding-Corticelli, Ltd. (extra)
t$2.,
Belding Heminway Co. (quar.)_______;_7-.—20c
Berens River Mines, Ltd.
(interim)
t3c
Berkshire Fine Spinning Associates—
$1.20 class A
3-5
$iy2
2-15
.
;
Boldert
2-15
•
pfd. (quar.)—
(irreg.)___—
Consolidated Cigar Corp. 7% pfd.
(quar.)_ - -7$1%
Consolidated Edison of N. Y. com.
(quar.)
40c
Consolidated Oil Corporation (quar.)123/2c
Consolidated Paper Co. (Mich.)
(quar.)__—
25c
Consolidated Steel Corp. $1.75 pfd. (accum.)
$$2
Container Corp. of America™™—_—
25c
Cook Paint & Varnish, common (quar,)
20c
:'/1:.$4 preferred- (quar.)__„_—i™-___::™—-: $1
Corrugated Paper Box 7% pfd, (accum.)____,
$$l3/4
Cosmos Imperial Mills (quar.)
$30c
3-8
1
H.) Gas,
preferred
Connecticut
2-10
3-
—
Oil
1
4-
preferred
Swift Internacional
(N.
Consolidated Biscuit
2-15
Barnsdall
25c
7.7
American Automobile Insurance (St, Louis)—•
American
2-15
$2.40
8
3-10
_
$$2'i
Co
Aluminium, Ltd., common (quar.)
6% pfd. (quar.) (payable in U. S. funds)
Aluminum
1-30
3- 1
____
Allegheny Ludlum Steel Corp.—
7%
preferred (quar.)______
Alpha
2-15
$40c
_______________________
Agnew Surpass Shoe Stores,
7%
preferred (quar.)
1
$$l'/2
Bank of Toronto (quar.)_____________—.___
t$2V2
Bangor & Aroostook RR., $5 pfd. (accum.)
$iy4
$5 preferred (accum.) _—$iy4
Bankers & Shippers Insurance (N. Y.) (quar.)
$1
Banque Canadienne Nationale (Montreal) —
Quarterly
__—:—_______
$$iy2
(quar.)_
Corp.
(quar.)..
(quar.)
pfd. (accum.)—
Connecticut Lt. & Power, $2.20 pfd. (quar.)
2-
• 5c
When
Payable
683/4c
-tic
$4c.
(quar.).
—.—
International
cumulative
2-15
________
Acme
b'fo
Compania
10c
(irreg.)
pfd,
conv.
Commonwealth Telephone Co,—
1
________
Name of Company
,
$2.75
(interim)
Commonwealth
2-
(quar.)__,—
Barlow & Selig Mfg.
Ltd.
2-15
;
Co.
Montreal
.
:
—10c
(s-a)
(quar.)
Petroleum
of
..
i
Pictures,
Commoil,
2-13
3-
—__—
Bandini
Brown
give the dividends announced In previoui
we
American
Brooklyn
$1.50
.■
(quar.)
weeks and not yet
dends
7-15
1
11-
Co.—
Wright-Hargreaves Mines
Below
1
11-
$i
-
preferred (quar.) __i——____—__
preferred
(accum.)
—_™
preferred
preferred
8-
$iy2
—^
—
Wisconsin
6%
3-10
Columbia
2-19
t4c
$1.05
Mines, Ltd. (quar.)—_________
Works, 1(/o pfd. (s-a)__
Baltimore Radio Show, Inc., common
Bank
3-15
75c
—1
Locomotive
Baltimore
or
10c
Inc. (quar.)——_
Hosiery (quar,)
Common
5
2-15
$1V2
(quar.)..
Products,
Winstead
2-
lc
_____
preferred
Candle
Baumer
Willson
Brake
Air
Electric,
3-22
2-15
25c
....
Westinghouse
Co
2-19
(quar.)
v.,'
Mill..
2-16
2-23*
series B—»
—
Cotton
2-26
50C
__™_™\
Shares,
2-15
1
20c
preferred (quar.)
Transport Corp. (resumed)
Mohawk
&
3-31
.
"
convertible
Van
Gold
Aunor
2-11
2-15
15c
(irregular)__
common
Name of Company
of Re0.
$1
—-
Products, Inc., com;
Lines
2-11
25C
—
;
United Air
4-
2-23
(irregular)-——'
Bank
York
New
Aircraft
Extra
5
4-15
—
Oil
1
45c
—
$1.75
(quar.)
Standard
1
,
common
preferred
1
25C
(quar.).
———
7%
2-15*
3-15
,
preferred
(accum.)
Texas Gulf Producing
Trustee
2-20
2-15
3-
(quar.)_
_
&
2-17
2
75c
7%
Tobacco
3-
60c
25c
Corp.
Plour Mills Co.—
Trion Co.,
3-10
"
.
preferred
convertible
Tex-O-Kan
2-13*
1
2-27
$iy2c
Sylvania Industrial
Tennessee
2-20
$2
(reduced)
Products
Electric
4Vz h
2-20
40c
Ltd
Oils,
3-
30c
Co,
Sylvania
2-20
'
Drug, Inc. (quar.)—
(quar.)—
Oil
Powder
Co.
per
share
.Holder*
When
Payable
than
Inc
Extra
3-
Spartan Mills (quar.)_—
_™_™
Spencer Kellogg & Sons (irregular)—
Standard Oil Co. of Kansas—.
Sterling
2-18
1
,
.
Atlas
Baldwin
50c
7%
Sun
1
& Paper-—
preferred (quar.) —
——
—
preferred (quar.)
_——.:
Southern Pipe Line Co. (irregular) _—_____
6 %
3-22
$iy2
preferred (quar.)—.——1—,
$2 convertible
of Rec.
6% Pfd. (quar.)
preferred
Advance Bag
Southern
Payable
Publishing—
Simmons-Boardman
convertible
Macaroni,
______—
Shenango Valley Water Co.,
$3
Atlantic
■
Sheller
Holders
share
Name of Company
When
Monday, February 15, 1943
Insurance
2-15
2-
5
$$l3/4
$25c
2-20
2-
8
2-20
2-
8
50c
Manufacturing
Mills, 5%
(irreg.)
2-
3-10
2-28
50c
3-15
2-15
$l3/4
1
2-15
5
(s-a)
3-15
2-15
50c
Co
prior preferred
_
2-15
25c
Corp
3-
25c
3-15
3-
623/2c
5-15
1
Volume^ 157
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4151
Per
•
-
,
Name of Company
Gossard
(H.
W.)
National
Grace
Co.
Y.
of N.
3-1
Meadvllle
2-11
.
15c
2y2c
Graton & Knight, 7% preferred (quar.)
*
$1%
Great Lakes Dredge <fc Dock (quar.)„_—25c
3- 1
2-25
2-15
2-15
—25c
2-15
1-29
2-
—
Extra
Green
Bay & Western RR.,
Income debenture
B
Griesedieck
5 V2 %
Western
$5
:——„
Stores
Mines,
(quar.)
—
Refractories
preferred
4'/a%
cum.
3- 1
Havana
6 %
Corp.
Electric &
1st
Hawaiian
pfd.
3-1
2-10
Co.,
common.
6V2%
8 */o
2-11
3- 1
2-15
2-15
3-
•'$1.12(4
(quar.)
10c
Utilities—
a.
(accum.)
preferred
Co.,
&
$1
5"/o
2-18
50c
3-12
preferred (quar.)
(J. S.) & Co...,.
2-15
1-24
2-25
Co.,
Co,
2-15
Mitchell
3-13*
Monomac
1-23
Monarch
2-
Monroe Chemical Co,, $3.50
2-15
2-15
2-15
4
—
.
2-15
3-15
4
—
1-30
Morris
12-1
2-15
Plan
2-15
2-15
.,
9
Motor Finance Corp.
Mullins
Mfg.
2-11
Muncie
Murphy
Extra
Amer.
3-
1
3-
6
3-
6
:
v
...
'
2-
6%
2
7%
Indianapolis Public Welfare Loan Assn.—
Inland
Steel
Co
Class
Corp.,
1
3-
3
National
Blvd.
2-
•-
:
■
.
preferred
National
Container
8
Bank
of
(quar.)
International Business Machines
(quar.)__—
International Harvester Co., 7%
30c
$134
.4—
...
National Dairy Products Corp. (quar.)
/
National Electric Welding Machine (quar.). :
(U. S. funds less Canadian tax)
International Rwy of Central America-—
*
$ 114
$5
preferred
2-
3-
1
2-19
National
Oats
3-
1
2-18
National
Paper
30C
2-26
2-12
5%
preferred
Type,
(s-a)
50C
4-
6
3-
5
5%
preferred
(s-a)_._____.__.^._7._.u74
$1.25
4-
1
3-
5
1
Co.
B.)
(irregular)
Jones & Laughlin Steel Corp., common.—
5% cum. Class A (quar,).——.—_
4
5%
(Julius)
Kayser
&
Co—
Kentucky Utilities,
Gold
Kerr-Addison
junior pfd.
7%
Neptune
25C
3-12
3-
2
75c
2-15
2-
1
$1(4
3-
1
2-10
87j/2C
(quar.).;
3-
3
2-
JSC
(interim)..
Mines
Extra
Neisner Brothers,
4
5
9
2-
2-15
1-30
50c
V:
60c
(G. R.), $5 prior preferred (accum.)'
Fund
Knickerbocker
V
La
Salle
Wines
&
Champagne,
Inc.
the Woods
of
Lake
7%
preferred
Common
2-15
2-
?h'j\ 5c
2-20
2-10
Noma
1
Hundred
B
3-
:
1
3-1
'
North
2-15
•
2-
5
4 25c
8-16
8-
6
7
25c
11-15
11-
5
:
$1%
3-15
3-
5
,
preferred
(quar.V—......
7%
preferred
preferred
(quar.)...;
7%
$1%
;—....
Lane
(N. Y.)
(R.
Le Tourneau
G.),
common
convertible preferred
•$4V2
Portland Cement,
Lehigh
Gold
Leitch
Savers
(quar.)
4%
pfd.
(quar.)
(quar.)
,
Nat'l Life Insurance
(Ind.)
preferred
2-15
Nu-Enamel
O'Connor,
Moffatt
&
9
1
2-
9
1
3-13
Occidental Insurance Co.
2-15
1-30
Ohio
3-
40c
.
2-15
:
75c 7
2-
3-
1
1
2-
1
AA
9
7
(S. F.)
(quar.)
Ltd. com. (quar,)
3-
1'
5-
1
4-24
0y2%
Lionel
30c
8-
1
7-26
Otis
Class
B
Loblaw Groceterias,
&
Ltd., class A (quar.)
(quar.),
6%
preferred (quar.
Taylor,
6%
Inc....—
5%
1
preferred
non-cum.
&
Lukens
Nashville
Steel Co.
RR
(s-a)
(irregular)
Madison
Magnin
6%
6%
;
6%
Co.,
—
3-15
Oxford
2-27
2-11
2-27
2-11
Pacific Finance Corp. of Calif, com., (special)
Pacific Fire Insurance Co. (quar.),
Pacific
1
2-17
3-
1
2-17
$4
2-15
2-
22-
Field
Masonite
.
4(4 %
Mclntyre
(Marshall)
2-16
2-15
22-
Quarterly
—
4
7%
7%
2-15
Paton
2-10
2-26
2-15
$l>/2
2-15
2-
5-15
5-
5
7%.
v
8-14
8-
5
Peninsular
$iy2
.-
11-15
11-
5
—
Ltd.,
3-
1
25c
3-10
2-15
3-
1
2-15
t55y2c
3-
1
2-
t55y2c
6-
1
5-
2-
3-
$1(4
3- 1
1
2-19
2-19
3-18
3-10
2-19
15c
1
2-15
3-
1
2-15
2-10
2-15
2-15
2- 8
2- 8
'
77.'2- 5
3-20
2-23
3-20
2-23
2-20
2- 5
2-15
1-30
3-
•
7.
pfd.
common
:
convertible
Common
Edison
Canada
Power,
(quar.)—
non-cum. pfd.—
preferred
—
preferred.—4_—
common
non-cumulative,
5%
non-cumulative,
Sovereign
Investors,
Spiegel,
Stamford
Water
2-15
1-30
Standard
Accident
2-15
1-20
1
2-20
Standard
2-22
5-31
5-24
6-30
6-19
Standard Oil
6-30
6-19
Standard
2-27
2-15
Standard Silica Corp, (irregular)
3-
2-10
Standard
2-26
2- 5
10c
2-15
1-26
35c
2-15
2- 5
31(4c
$1.27(4
Pennsylvania State Water. $7 pfd. (quar.)
Pepperell Manufacturing Co. (irregular)
1
Perfect
—
3- 1
$134
$2.50
3- 1
2-15
50c
2-15
2-27
4-
1
,
2-1
2-11
2- 5
3-19
Co.
of
Wholesale
$4,50 pfd.
Stein
Works
(A.)
Stonega
California—.
Storkline
Furniture
preferred
4
Stuart
Class
A
(quar.).—
(irregular).-
(quar.)—
A.)
1
5
3-5
3-15
3- 1
3- 1
2-22
3-15
2-15
25c
15c
3-15
2-15
40c
$1.25 pfd.
—
(accum.)—
1
2-15
2-19
2-15
2-
5
3-
5
3-15
2-15
2-15
3- 1
2-27
2-27
$1(4
3- 1
2-13
$1.62y2
3- 1
2-15
31V4C
2-15
2-
0
(quar.)
3-
31V4C
25c
50c
12(4c
12V2c
Oil, Ltd.—
partic. preferred
5
3-
.
—-
(D.
5
3-
Works—
Strawbridge & Clothier—
6% prior preference A (quar.)——
Stromberg-Carlson Telephone Mfg. Co.—
6y2%. preferred (quar.)
Struthers Wells Corp.,
5
2-10
40c
•
Corp,
1-30
10-
2-
—
& Acid
& Co.—
Extra
8-14
4-
3-15
(quar.)
Phosphate
Coke & Coal Co.
1-20
5-15
2-15
60c
5%
4-15
10-15
2-20
3-15
2-15
2-15
40c
(quar.)__
(quar.)
(quar.)
(Increased)
Stanley
2-20
2-15
*
62(4c
$1V8
(quar.)———
Oil Co. of Indiana
1-20
4
$1(4
;
Standard Cap & Seal, $1.60 conv. pfd.
Standard Dredging, $1.60 con. pfd.
Inc.,
;
Co.
Insurance
3-
2-15
1
$1
$1
15c
$1(4
(quar.) —4—
2-27
Brands.
2-15
40c
conv. pfd.
Co. (quar.)
$4J/2
50c
(Detroit)
2-15
2-15
10c
Spalding (A. G.) & Bros., $1.50 pfd. (irreg.)
$1.50 preferred (irregular).—4
Inc.,
2-15
2-15
31 (4c
3- 1
37(4c :7"' 3-1"
'120c7
2-15
$1(4 7,' 3-15
$1(4
6-15
$1(4
9-15
Inc....4—4-.——
1-30
3-10
Pennsylvania Electric Co.—
5.10% preferred, A (quar.)
7
Southern Railway Co., 5%
5%
2-15
;7
4——*—.——
(quar.)—
preferred
3-15
3- 1
3- 1
3- 1
37(4c
Southern California Water Co.—
Southern
2-20
4-1
3- 1
3-1
Ltd.—
Co.,
(quar.)
preferred 7 (quar.)
■
•
3-157
.
30c
preferred (quar,)——.—7/30c
preferred (quar.)————
,
$1(4
California
1-30
$75c
7
7
37(4c
30c
(quar.).—.—
2-15
(accum.)$1.50
Grinding Wheel (irregular)
:
37(4c
$1(4
;
convertible
2nd
preferred
25o
(quar.)—^__„____
•
2-15
Co.—
2-15
2-28
2-12
3- 1
75c
(irregular)
California Edison
Sparks-Withington Co., common (irregular).
6% convertible preferred
(quar.)..
2-28
3-15
1-29
2- 8
2- 5
3-15
2-18
2-27
2-15
2-15
2-16
3-15
2-27
2-15
2-15
2-15
f$l
$$134
1-30
3-15
.
2-25
7
6%
1-25
2-15
3- 1
4- I
4- 1
3- 5
$3(4
—
2-11
2-25
50c
Pulp Co., common (quar.)
1
1
3- 1
preferred (quar.)—$1(4
7
5%
1
2-19*
$1(4
$5
$1.25
31V4C
37'/2C
3-15
2-25
2-27
6%
5
2-20
2-25
2J15
Southern
2-15
2-20
'
2-
1
2-
3-15
3-15
6%
3-
.
5
2-25
■■
3-25
preferred B (quar.)..
4..M—Mi—South Carolina Power, $6 1st pfd. (quar.).__
Southeastern Greyhound Lines, com. (quar.)
6% non-cumulative preferred (quar.)—
6%
2-11
2-20
$l(4c
.
6%
1-25
2-15
3-10
3- 5
■
4-20*
2-
25c
South Bend Lathe Works
3-22
4-20*
2-15
(quar.)
—4— 4 •
5c
(increased)—$1(4
Mill
Southern
2-13
3-31
3-
2-27*
3-12
t3c
$3(4
:
Co.
Co._
6%
5
5
5-. 1
Corp.
7 Soundview
5
1
2-
2-
5- 1
(reduced) ————————10c
Servel, Inc. (quar.).:
.—44-4^.4.———
25c
Shawinigan Water & Power (quar.)
f23c
Sherwin-Williams Co., common (quar.)
75c
7y
5% preferred AAA (quar.)
$1(4
Silverwood Dairies, Ltd., common (s-a)——
- f20c
40c cumulative partic. preference (s-a)—
$20c
Siraonds Saw & Steel Co.—
'
40c
2-15
1
•
$1
$1(4
30c
75c
3-
23c
(quar.).——
Soule
4-
-
(initial).—
2-24
2- 5
3-10 77
2-15
2-15
B
40c
Telephone, $1.40 class A (quar.)_
Pennsylvania-Central Airlines Corp.—
$1(4 preferred (quar.)
Circle
Ltd.
2-
2-11
25c !
Mines, Ltd. (quar.)—.
Socony-Vacuum Oil«Co
>.
5
2-15
3- 1
3-10
45c
;
<
Sonotone
75c
(quar.)___
6%
4
2-19
.
2-26
2-10
2-10
20c
50c
——4
2-19
2-26
.
1
2-20
2-15
10c
(quar.)—.——,
40c
.
Peninsular
2-15
U.i2y2
—_
(quar.)
(quar.)__
Mfg., common (quar.)
preferred (quar.),
$iy2
25c
3-19
2-19
.
2-
$1(4
(quar.)
37(4c
;
Rust-Proof
Penmans,
2-20
2-27
1-30
3-15
2-15
2-15
25c
(quar.)
class A
Corp.,
3- 1
$1.05
25c
34%c
(quar.)
(quar.)
common
Peabody Coal Co.,
5
$1*4
(accum.)__
preferred series A (s-a)__
preferred series B (s-a)
Parker
5
25C
preference
Corp.
Machinery
Parker Pen Co.
1
& Co.
Corp., Common (quar.)
preferred (quar.)
_•
Porcupine Mines (quar.)
Lighting
Quarterly
1
Marshall Field & Co.—
See
Pacific
1
3-3
$5
Gas
Package
1
2-15
$2
25C
(quar.)
(quar.)
Paper Co.,
Co
5(4%
2-12
3-
50C
preferred (quar.)———..
preferred (quar.)—
preferred (quar.)
Shirt Co.
2-10
2-27
i
Mfg. Co.-_„_u.____.
Glass
& Electric, 5% pfd.
preferred (quar.)__
6% preferred (quar.)
;
2-10
1
25C
—
common
1
$2(4
—
Square Garden Corp..:
(I.) Co., 6% preferred (quar.)—1_
Manhattan
1
Pacolet Mfg.,
(irregular)
Lynch Corporation
Macmillan
4-
$2
—
(s-a)
Common
Owens-Illinois
25c
(quar.)..
(quar.)
Louisville Henderson & St. Louis Ry.—
Louisville
Outboard Marine &
2-
$1(4
—
1st preferred
preferred
2nd
8%
2-20
1
3-
1-26
.
50c
10-25
1
3-
3-
2
50c
1
3-
5
2-15
:
$1(4
11-
50C
J25C
$$1
$2(4
20c
common
$2.50
J25C
Loblaw Groceterias Co.,
Lord
—.
preferred (quar.)
Corp.
(quar.)——
3-
$2.25
15c
(quar.)
common
(s-a).
$1
$25c
:
$1%
of Texas, $5 pfd.
3-10
t$l34 -'
Oswego & Syracuse RR. (s-a)
15c
Link Belt Co.,
25c
30c
30c
Service Corp.
Linen
Class
2-11
River Sand
Elevator,
Senator-Rouyn,
Serrick
3-12
2-11
75c
75c
/
2- 5
7:-
(accum.)
Ontario Steel Products Co.,
7%
preferred (quar.)
9
2-
class
2-15
62(4c
—
__4__'—;
2- 9
2-15
Co., 7% pfd. (accum.)
$1.75
Okonite Cort 6% preferred (quar.$1(4
Ontario Mfg.-Co.__,l___^
50c
1-30
3-
$1.50
preferred
common
Sears, Roebuck & Co.
I f,
2-15
7(4c f
30C
•
-
(quar.).;
Quarterly
1
Co.,
1
3-24
Co.—
2-
34-
Paper
3-
•
$$1.50
(quar.)
1-30
(irreg.)—.—.
6%
preferred (quar.)
$4Va preferred (quar,).
Scotten, Dillon Co. (irregular)
-
(quar.)_-__
Corp.
$1
J2C
Liggett & Myers Tobacco, common (quar.).
B
(quar.)——_——— •,
7.
2-15
.
1
3- 1
*
$4
3-
30c
87(4c
___
Nova Scotia Light & Power Co.—
25c
—
..-■•Class
Lincoln
,
(quar.)
3-
25c
Water,
$134
pfd. (quar.)
t$2V2
15c
—
2-15
Norwich Pharmacal Co.——-
1
Joseph
5
2-15
2-27
Shops, common (quar,)—..—
preferred (quar.)————
'.7Selby .Shoe Co
>
.
2-15
2-15
1
2-19
3-13
2-19
3-1 ':77 2- 5
$1(4 , f
(s-a)_^^»_„
_'7■
preferred- (quar.)
& Rubber, 7% pfd.
$iy8
—
(quar.)..
Mines(quar.)—
Corp.
,
2-15
tic
Life
■
-
3-10
25c:
1
3-
conv.
RR.
Sisco Gold
Norwalk Tire
6%
Whitehall
&
2-
3-20
.
Scott
$10
■
—
2-1
5-
$10
6%
(quar.)
Steel, common (quar.)
preferred (quar.)—44
4-15
(accum.)
Northwestern Public Service, 7%
5
4
12- 4
$1
Canada
&
Safeway Steel Products
(accum.
3-
t20c
Saco-Lowell
Car, Corp.—•
Extra
2-11
3- 1
Savage Arms Corp.
$1
3-15
30C
(quar.)___.___.—
(quar.)
Secord Candy Shops
Laura
69-
:
Rutland
of
Iron
convertible
1
ff:
25c
_—
Company
Lansing
6-15
9-15
12-15
1-30
Bank
Rustless
St.
A
Northern Insurance Co.
2-11
1
2-15
37(4c
3-1
...
(quar.7
1
3-
$15c
t$lV2
Schumacher Wall Board Corp., com. (quar.).
$2 participating preferred (quar.)———
7
25c
....
Co,
Lane-Wells
,
$1%
$1%
(quar.) ———
preferred (quar.)
Bryant, Inc. (quar.)
7%
$2y2
Royal
2-8
B
•
7%
1-30
50c
/
3-
$1(4
—
2-
preferred
Insurance
$1.50
(quar.)-
(quar.)
Roos Brothers, Inc. (quar.)—
2-27
preferred
River
preferred
2-19
$1(4
r
2-20
2-11
M
2-16
...
:
3-1
3-1
37 (4C
>
—$1.5*0
common
3-7
$6
North
^,4,4.'
2-13
-
Ltd.
American
' ,7.."'
--7
(quar.)
E
2-15
$6
7'
5
5-
2-15
-
25c
Mines,
'
1-25
1-25
—
3-1
(quar.)___
(irregular)
...
/;■
.7
(quar.)
3-15
$1.27(4
(quar.)
;
7 Norfolk & Western Ry., common (quar.)....
4% adj. preferred (quar.)
2-15
5-15
25C
Mills
4-16
(quar.)—....
C
Co.
Paper
1
1
12%c
Electric Corp.
4-15
4-26
—
preferred
2-15
•
(annual)____
class A
Corp.,
4-15
20c
Mills—
Cotton
preferred D
3-1
$1%
$1(4
(quar.)
Nonquitt
2-15
3- 1
J30c
J$l%
Class
3-10
1
50c
(quar.)
Co.
1
3- 1
(irregular)
Life Insurance
Noranda
$1 (4
i.......
preferred
World
Nineteen
3-13
10c
(quar.)
New
4-
2-20
5-
preferred (quar.)
Electric Corp.-—
&
Gas
2-20
2-20
3-
River
5%
6%
2-15
(s-a)
Niagara Share (Md.), 6% preferred A (quar.)
5
4-17
(quar.)
Common
2-
1
:
(quar.)
Common
1
4-
i;
(quar.)—....
common
(quar.)
Machine,
Landis
2-26
3-
5-1
(interim).
Milling, com.
2-20
3-11
$iy2
(quar.).
Lake Superior District Power Co.—
5%
preferred (quar.)..
5.10%
1-20
-
8c
$1%
(reduced quar.)—
Heating Co.
2-10
50c
-
Kysor
?
25c
(quar.)—.——
(S. S.) Co. (quar.)
Kroger Grocery & Baking common (quar.) —
,6% preferred (quar.)..——
7% 2nd preferred (quar.) ———
Kresge
2-25
3-10
5-1
50c
$1(4
$5 non-cumulative preferred (quar.)
New York State Electric & Gas Corp.—
/: 1-30
2-15
$1(4
(irregular)—.—.....—
K-l
•Series
Kinney
>■
4-1
15c
50c
(N. Y.)
2-20
25c
15c
$1(4
7
(quar.)
Casualty
Zinc Co.
Dan
$2
N. Y. & Queens Elec. Light & Power, common
•
Keystone Custodian Fund, series B-4' (irreg.)
Amsterdam
3-15
'
3-1
3-1
(quar.)
—
$1
$5 convertible preferred
4-1
,
$1(4
Goods
25c
—
New Jersey
1-14
.;
6%
1
3-
(quar.)__7
Co., 8% preferred (quar.)..
Newberry (J. J.) Co., 5% A pfd. (quar.)
Newport News Shipbuilding & Dry Dock, com.
New
2-17
20c
pfd. A
preferred
2-
.......
common
2-18
2-24
87y2c
convertible
2-15
Meter
1
2-26
-
,
&
Rolland
7-31
3-
2-16
3-11
$1
(quar.)
6%
2- 8
2-15
$1.50
1
$1(4
•
Dry
Rochester
2-
8-16
4-
......—
.
2-18
2-26
3- 7
3-15
10-20
1
2-11
50c
(interim)—
common
preferred (accum.)
Rochester Button Co.—
2-15
$1(4
2-15
1
3-
37V2c
6%
3-15
National Union Fire Insurance....$1(4
15c
Kearney & Trecker——
Kendall Co., $6 partic. pfd. A (quar.)—...
3-
1
25c
(s-a).i,..
common
1,11-
2- 3
25c
&
$1.25
...—...
Bros.
Kalamazoo
Co.^.:
$1.50
class B (quar.).
Co., 6% preferred (quar.)..—
Vegetable Parchment Co.—.
cum.
Kable
4
8*
4-20
—*4
$3.50
$2(4
(s-a)
2-15
2- 2
1
5-
25c
i
B
1-26
2-15
$2(4
common*—
$l'/2 preferred
preferred
2-25
$1
25c
Reliance Steel Corp.,
10c
(s-a).
75c
(W.
'
10c
60C
—
25c
$2VZ
(quar.)
pfd. (quar.)_
1st
non-cum.
,
2-15
$1(4
$134
....
International
2-26
$3
'3- 3
Co., $4.50 pfd. (quar.)..
preferred A (quar.)..
Liberty Insur. Co. of Amer. (s-a).
National Lead Co,, 7%
International
2- 1
3-15
Riverside
20c
.
National Gypsum
Corp., $7 pfd.
2-27
25c
Reed-Prentice Corp., common....7%
preferred (quar.)
10-20
Linen Service
2-15
$lVa
3-24
2-20
10-30
—
1
4-1
2c
Extra
6-18
9-20
3-
3-15
Quarterly
1
7-15
10-15
2-19
3-15
3-
$iy4
$iy4
—
—25c
—
2-15
1
3-31
3-19
50c
4-
National
preferred (accum.)_—
Safety Razor, class A (quar.)
Silver Co. (reduced)—,
4%
7-23
50c
Quarterly
2-15
4-15
—
2-27
National
3-15
$1(4
Rayonier, Inc.
Reading Co.. common
4-21
5
$2.00
(accum.)——
(accum.)
preferred
preferred
1-15
35c
1
2-19
2-15
Rice-Stix
2
2-
3-15
2- 9*
8-
1
2-15
$1.75
2-27
4-1
3-10
3-15
4-15
5-
3-
2-15
50c
2-15
2c
$iy2
2-15
50c
35c
2c
$134
-
2-15
3-15
:
■
2-15
3-12
Quarterly
Co. of Canada. Ltd.-—
1
$1.25
Republic Natural Gas (s-a)
Reynolds (R. J.) Tobacco, common (quar.)—
Class
B
(quar.)
2-27
2-27
3-
$i>/4
9
$1
(quar.)—.
Chicago
Corp.
2-15
25c
—
50c
pfd. (quar.)
Jarvis
1
1
Quisett Mill (reduced quar,)'
Rath Packing Co,, 5% preferred (s-a)
5%
preferred (s-a.)
2-10
3-
3-
(accum.)
prior
6%
25c
2-19
;
\
$4.50 preferred (quar.)
Republic Investors Fund, 6%
3- 1
1
preferred (quar.)
Quaker State Oil Refining
Quebec Power Co. (quar.)___-^*^*-.„, —...
2-11
15c
2-
3-
:
preferred
prior
1-25*
2-15
25c
■
(quar.)—
$5
'
3-10
2-11
prior
2-13
$1.50
_
;
2-13
2
f
3-10
i:
preferred
2-15
—
(quar.).,
)quar.)
Remington Rand, Inc;,
50c
7
:
(s-a)M-———.L.:'.
International Nickel
5%
3-
2-25
..
(quar.).
2-20
1
3-
$1
class A4444-4
B '—
'
4%
3-
Fibres—
preferred
preferred
A
50c
t20c
*,
(s-a)—
pfd. (accum.)
common
2-15
1
50c
—„_4—--
:
Securities
Inter-Ocean
$1
$iy21
3-
75c
convertible
Indiana,
Purity Bakeries Corp.
Quaker Oats Co., 6%
I
50c
Co......
Automotive
National Bearing Metals (quar.)—
National Biscuit Co., common.—
2
2-
■"
Ltd.
6%
2-13
2-13
——
$5
2-15
Mills
Acme
National
1-30
.
3-1
1
.
.....
1-30
•
3-1
Nashawena
1
7(4%
Quarterly
Ingersoll-Rand Co.
3-
2-11*
3-
2 y2 %
75c
'
(quar.).
(quar.)—
Co.,
3-5
3-5
8% preferred (quar.)
Puget Sound Power & Light—
3- 1
2-11
2-15
2-15
5
8
of
preferred
7%
2-11
—.
2-15
2'4%
deposit rets, for ord. regis
1
3-15
2-26
25c
il'
.t,__
Co.
Co.
Transport
3-5
*•
—
Service Corp. of N. J.—
$5 preferred (quar.)w_^__——„—
6%
preferred (monthly)
6% preferred (monthly)
2-13
3-
3- 1
5
7V2%
7
C.)
;
2-27
2-
2-
5%
1
$134
$2
Corp., $7 pfd. (quar.)—......
Works, 8% preferred (quar.)
(G.
9-1
Muskogee Co., 6% preferred (quar.)—
$1(4
Muskegon Motor Specialties—
v:.'77vv-.:-;,'7 .V.-''-1
'
$2 class A conv. pfd. (quar,)....—......
50c
Nanaimo-Duncan Utilities, Ltd.—
6(4%
preferred (quar.)
$81 (4c
2-
1
6-1
4.-.—25c
(quar.)—
Water
3-22
Gamble
(quar,)—
25c
—6(4c
62(4c
(quar.)——
preferred
Service
—
common—„———
preferred
&
—
Public
3-8
2-10
3-1
■
—
2-11
2nd
Car,
$5
'
(quar.)..
(quar.)...^
Mortgage
.
National
Ordinary registered
&
1st
5%
1-28
6-
Quarterly
$1
7
Quarterly$1
Quarterly
$1
Morse Twist Drill & Machine (irregular)...
$1(4
1-30
2-
Loan
3- 1
.
:
Montreal
Steel
5%
2- 1
2-28
2-23
5-26
8-26
11-25.
participating preferred
2-13
3-1
.3-1
3- 1
3- 1
3-1
3- 1
3-31
2-15
2-15
2-25
_
Illinois Zinc Co
$3
3-15
2-15
2-15
2-15
2-15
75c
.....—...
2-20
2-15
1-25
$31(40
Industrial Society (quar.$1
(s-a)....
2-15
1
Moody's Investors Service—
2-15
4- 1
2-27
—
.....
C
2-16
1
2-27
3-
5-10
(s-a)
preferred
1
3-
$iy2
6%
5-10
5-10
(s-a)._._...
$4.50 preferred B
$4
—
3-
1
1
2-19
6-1
$4.50 preferred A
2-15
—
4-10
3-
3-
6- 1
1-25
1-25
.
E.)
4-15
$1%
Public
$2
2-15
2-15
3-1
2-21
—
(Charles
3-15
(quar.).*—
2-19
$2,25
—$1
preferred
—
'
$1
Co. (qitar.)
30c
Holeproof Hosiery, 6%% pfd. (accum.)$9
Honey Dew, Ltd. (quar.)
150c
Hooker Electrochemical
(quar.)
40c
Hormel
(Geo. A.)
common
(quar.)
50c
6%
preferred (quar.)—...»—•.—
—
$1V2
Horn (A. C.) 6% non-cum. pfd. (quar.)
:
45c
7% non-cum. partic. preferred (quar.)
8%c
Horn & Hardart (N. Y.), 5% pfd. .(quar.)—.
$1(4
Hummel-Ross Fibre, 6% preferred (quar.)—
$iy2
Huntington Water, 6% preferred (quar.)—
$1(4
7%
preferred (quar,),.—
———
$1%
Hussmann-Ligonier, 5(4% preferred (quar.)
68%c
Huston (Tom) Peanut, common (quar.)_
25c
$3 convertible preferred
(quar.)—.——_
75c
Huyler's, $2 conv. partic. 1st pfd. (accum.)
$1
Illinois-Iowa Power Co., 5% pfd. (accum.)62'/2c
Illinois Municipal Water Co., 6% pfd. (quar.)
$1.50
Extra
$4 convertible,
Hires
4-1
pfd.
Power, 5(4%
preferred (quar.)—
3-1
3-1
2-
Potomac Elec.
Provincial
50c
$2.25
(quar.)
3-3
2-20
30c
Procter
3-
2-9
4-1
37(4c
Public Electric Light Co.,
4- 1
1
3-1
(irreg.)—
2- 3
1 3-15
5
2-17
(accum,)—
2-18
$1(4
—
gtd.
.
87(4c
preferred (quar.)
Monsanto Chemical Co., common
1-25
Poor & Co., $1.50 cl. A
preferred
& Ogdensburg Ry.
25c
(s-a).i.4—....4^..
Insurance
2-11*
Portland
2-15
1
1
2-15
$1%
3-1
3-
2-10
3-
$1.06
3- 2
2-11*
2-
2-18
2-18
$1
1
2- 5
3-1
3- 1
$1(4
$$2'/2
2-1
3-
3-1
3-10
;
2-15
1st pfd.
$1
...
3- 1
2-15
3- 4
7%
50c
.
2-18
25c
50c
50c
Pressed
.....
...
Spinning Co
Life
3-5
3-5
2- 8
3- 2
35c
1
(quar.)-*
5c
(accum.)—
$3(4
Electrotypers (s-a)—$50c
Pillsbury Flour Mills (quar.)
25c
Pilot Full Fashion Mills, 6C2%
pfd. (s-a)—
65c
Pitney-Bowes Postage Meter (quar.)—
10c
Pittsburgh Bessemer & Lake Erie RR (s-a)75c
Pittsburgh Nat'l Bank (Pa.) (quar.)
75c
Pittsburgh Steel, 5V2% prior pfd. (accum.)—
$4.12(4
2-15
3-5
4-1
4-1
Minneapolis-Moline Power Implement-—
$6.50 convertible preferred (accum,)
Missouri
Utilities, common...........
5
Phillips Petroleum Co. (quar.)
Phoenix Acceptance Corp., class A
50c
prior
(quar.)
Phoenix Hosiery Co.,
Photo Engravers &
(irregular)..:—.
Supply
preferred
3-1
6- 1
9-1
1-30
6-20
(quar.).....
...
6
of Reo.
3-
20c
—$1(4
6-1
9-1
3-10
4-1
$1%
50c
$2
common......
preferred
4- 1
50c
—__
Ltd.25c
(quar.)—$1.25'
Hedley Mascot Gold Mines (quar.)
12c
Hercules Powder Co., 6%
pfd. (quar.)
$1V2
Hershey Chocolate Corp., common (quar)—
75c
Glass
Hart,
(s-a)—_
(quar.)
Piping
&
Chicago
pfd. (irregular)
Minneapolis-Honeywell Regulator—
Common (quar.)
4% preferred series B (quar.)
4(4% preferred series C (quar.)
.
,
Products
Miller
5
Holder0
$1(4
*
3-5
6- 5
9-5
2-15
7- 8
Scott—
cumulative
Midwest
2-11
2-
Steel
non
of
(accum.)
preferred
$2
2-15
4-
preferred
Midland
2-13
3- 1
3-12
3-2
3-1
4-20
$1.50
3-
Bank
Co.
9- 5
30c
$134
$3
—
(quar.).
6%
3-1
3-5
6-5
30c
Nat'l
3
3-15
3- 1
25c
—
(quar.—
Pineapple
Hazel-Atlas
(quar.)..
(quar.)
Stores, 7% preferred
2-10
...
(quar.)—
conv.
preferred
Merritt Chapman &
Harshaw Chemical Co.-—
Haskelite Mfg.
preferred
6%
50c
When
Payable
Philadelphia Co., 5% preferred (s-a)
Philadelphia Insulated Wire Co. (irregular)-Philadelphia Suburban Water, com. (quar.)-
6%
2-18
.
6%
2-1
participating
Mercantile
3-1
Ltd.
Harbison-Walker
2-15
6
34%c
.
V
$iy2
——i—7
25c
(quar.) ————M.7'."$10c
Hamilton Watch Co., 6%'pfd. (quar.)
$ 1 Va
Hanna (M. A.) Co., common
25c
$5 preferred (quar.)
$114
Bros.
5
2-18
(quar.)—.—
,
Hale
2-
Brewery—
preferred (quar.)—
common
(irregular)—j___—-
Hallnor
Pfaudler
Merchants
_—
!
convertible
Hajoca Corp.,
6% preferred
1-31
2-18
$10
5
1-29
2-18
$50
common-^.:—_
A
Income debenture
2-15
(quar.)
130c
Mercantile Acceptance Corp. of Calif.—
5%
preferred (quar,)
,4
25c
5%
preferred (quar.)
25c
5% preferred (quar.)..
25c
6% preferred (quar.)
......30c
2-11
2-
Per
eharo
Name of Company
of Reo,
37'/2c
Telephone
preferred
Granby Consol. Mng., Smelt. & Pow. (quar.)
Payable in U. S. curr. less Canadian tax—
Grand Valley Brewing Co
Holdere
Payable
Share
(quar.)
Melchers Distilleries, Ltd., 6%
2-25
3- 1
When
Per
Name of Company
of Reo.
Payable
$3
(s-a)
Holdero
When
%
25c
—.
Bank
u
thare
639
*20c
3- 1
1-29
2-
1
2-18
2-16
2-16
5
2-18
THE COMMERCIAL & FINANCIAL CHRONICLE
640
(
4
H older t
When
Per
Hams of Company
When
Per
Name of Company
Of AW.
Payable
than
Short
,
Monday, February 15, 1943
-
Holders
Per
Pay'plev,
of Aw,
3-31
2-26
3-31
2-26 -'
:
;p.,/•
Name of Company.
.
United Gas Improvement Cor, common_i_:___
$5 preferred (quar.)
:
2-15
2-17
United
'
1
2-
-
2-15
;
Toburft
Company,
1st
$6
5 V2 %
common
preferred
Truax-Traer
Coal
8-15
3-12
1
2-
1
U.
$5
preferred
Union'Tank
3-
1
2-
9
U.
United
5% -preferred
United
of America,
2-25
i
Chemicals,
Inc.,
pfd.
$3
class A
3-
5
2-15
2-15
2-15
1-30
3-1 n
2-15
United
6%
$7 preferred
6.36%
6.36%
preferred
7%
7%
preferred
prior
)4
Hancock
Life
3- 9
3-9
)„ 3-1
Van
2-
58V3C
fitocks
Ileal
7 %
estate
l.oans
3-15
Waite: Amulet
Walgreen
4(4%
3-15
arid
rents
Premiums due'and
2-20
5- 1
8-'!2
Corp.__-_______T__;
Co.,
Mines
..
Cash
in
1941
4—
pfd.
conv.
63,063,285
13,423,714
office.—
31J4c
S. Treasury
Balance
Sheet,
expenses
41,398,888
3-1
Dec.
Accounts
954,620,096
23,658,802
25,087,954
settlement
6.606.476
13 Vo %
5,063,415
10,936,684
;
u:
2-11
*
.
ities
and
unrealized profits.
Reserve for accrued
Reserve
for
81
)
4,369,770
223,511 4
y 257,324 4
-
(contra)-——
stock
sotck
(no
($1
.
Ret sales
•Net
profit: ————133,752
tEarnings per, share,.^
$0.35
3,242.750
4"j 119,481
A 32,283
4y
share
per
31;
-
84,400
4
202,181
-
assets
liabilities
lent
of
as
of
Dec.
last,"
31,
$4,619,252.—V.
157,
$8,57p,688
were
against
The)
cur-
a',
m.
882,469
4, 684.192
—V.
■
■
and
157,
eries, B-l..
third
■
eeries
of
the issuance
the
of
investment
Another
.
statement
participation
statement
B-2.—V,
in
for
was
157,
shares
30,000
full
of
certificates
of
Rome
Kidde,
p.
the
Keystone
Custodian
Fund,
involved
200,000-shares of full
investment trust of series S-2,
shares
5544
in
investment
the
cer¬
trust
Net
dividend
U:ock,
no
Payments
25
cents
of
N.
25
died
J.—V.
during
of
157,
a
p.
heart
554.
attack
-
.
)
on
Feb.
at
payable
Dec.
26,
1
to
holders-of
Inc.—Earnings—
Income
Account
for
the
record
as follows:
April 1. July
30 cents.—V,156, p. 2225.
Kinney Co.,
Consolidated
April
on
Jan.
1
and
)
The
: i
)
per
$260,742
*1942
sales
of
sales &
operating expenses,
Interest charges
Years
Frov.
for
Fed.
(rieti.i
...
^,4-4, 1943
.
inc.
&
exc,
prof.
'
1940
tax.
share
<was
3,144,
year.—V. .157,
45,193
43.174
39,070
274,250
280,554
1,170,000
409,000
/.
income
1
ppropriatfon for contingencies
Balance of net income—.,
•Preliminary.
-
4
1
^
Increase
$758,067
50.000
32,595-
225,000
$531,830
3533,067
fBefore appropriations for contingencies.
$306,428
1
quarter
3-11
„
i'$53 J/a
2-15
J$3 %
2-15
2-6
50c
3-15
2-13 '4
4-1
3-1
(.'■
4'
$1%
2-
«•;
( 2- 6
V
,
4
44
'
,
deductible
at
1
the
Non¬
source.
Less British Income
a
.
from
has been
of
Nov.
declared
record
Nov, 30,
on
tax.
Feb.
the
on
17,
A
common
distribution
last, compared with 25 cents;
30,
1940,
to
and
including
Aug,
;
,
$3,595,496
$3,385,470*.
3,076,793
;
2.697,378'
450,043'
447,349
$238,049
$71,354
25,293
26,549
$96,647
—
$264,598
income
taxes__
...«'
21.500
80.000
$75,147
$184,598
37,500
ill
depletion amounted to
Balance
$560,897:
receivable
Of ;
$260,682
75,000
in
and;
1942
1941,
.(less,
Sheet.
U.
S.
reserve
Dec.
Government
for
:,)4
1942
31,
y )■
.
,
■).:
securities/$300,000; ac-•'
and
cash dis¬
doubtful
accounts
$8)500)y/ $105,884;
investment?,
$147,200;
for
reserves
Federal
and
capital
stock
$71,118;
payable
State
taxes,
and
accrued
$131,784;
(75,000
earned
156,
no
surplus
charges,
reserve
shares),
par
from
Jan.
for
$101,263;
$3,750,000;
1,
reserve
contingencies;
1933,
$2.-;
capital, sur-;
total.
$456,906;
2040.
p.
Lerner Stores
Sales
Corp.—January Sales Increased 27.2% — )
1943—Month—1942
_4_i—'
—V.
157,
$4,449,297
Mos.—1942;
1943 —12
$3,498,963 $64,821,743 $50,462,490
255.
p,
Leslie
;
-
'
"■"'V'4'1
346.
44.
have
*
4
of
the
were
four
dividend
a
4
Net
quarters
made.—V.
of
of
&
Fink
1942,
156, p. 1152.
Products
31-*-!
/After
Federal
-per
of 50
.4.
'
-
stock.
Corp.—Earnings—
1942
1941
and
.
,
4
,
.
income
taxes.
fOn
taxes
for
report
states.—V.
156,
p.
cents
'
;
1940
six
months'
which
Net
201.251
$774,814
151,939
$825,369
$926,754
$972,087
income
from
income„__„__________
146,718
47,652
61,525
305,160
profit 4
Shares
of
221,236
$573,943
;
;).i
$689,326
'■/ 4 501.036
605,904
4..-- $72,907
$83,422
233,040
233,040
share__4^_,_TMX^4„__;___.)c4y.4:y;-)' -4 $2.46
$2.96
capital
Earnings
per
*
y)
;
stock
)
($10
par)
/
Balance Sheet, Oct. 31, 1942
*
!
Assets—Cash
and
cash items,
$508,939; accounts receivable (less
$304,352;. inventories, $327,841; investments, $788,720;
land,;
$2,643,103; salt ponds and* appurtenances, buildings, machinery, etc.
(after
provision
of
$715,838 for
depreciation),
$2,126,777; deferredJ
reserve),
items,. $62,639; total, $6,762,372.
Liabilities—Accounts
'
payable,
$93,927;
accrued
expenses,
$85.272;'
(capital stock tax, 1942 and 1943, $22,000;
Federal income and excess rirofits
taxes, $305,160), $327,160; long-term
debt,'$250,000; capital stock ($10 par), $2,913,000; capital surplus,
provision for Federal taxes
(The)
period
Little
Accepted—
Company
of
Mary Hospital), Chicago, 111.
$6,762,372 —V.
Mary
(Little
155,
826.
p.
Company
Bonds Offered
—
of
C,
B.
—
Ziegler & Co., West Bend, Wis., are offering $600,000 1st:
mtge. serial bonds, series A at 100.25-101, accord¬
ing to maturity.
ref.
Dated
Jan.
Definitive
asked
202,827
Balance,, surplus:
1954.
recently
279,839
4/
/4;:
$2,747,747;-earned-surplus, $345)267; total,
.
the
280.024
expen.ses_i„_^)
1939
$316,995
$0.78 •.
,$0.79f
400,000 shares of <
for tenders of its preferred
it is stated.
Reports were
current that the company paid at least as high as 39 for the stock.
The current market quotation on the Boston Stock Exchange is- 31
to 38.—V. 156, p. 2225.
corporation,
administrative
Federal income
and
This
.
Deductions
:4;
amounted to,
$224,700 in 1942 against $184,000 in like period of previous year.
The
corporation is not deemed liable for any excess profits taxes, the
income
1.261,781
$1,306,459
•
$312,873
$0.87
$0.87
Federal
v
)t■
$348,387
shaye__,>
1,519,793
$1,257,665
sales
on
operating income^
per
distributions
$350,948
charges
and
Total
$342,678
,:)")4'.;,44';'4.v.-'
$1
$2;568.240
Other; income
;,4)S
convertible
cumulative
1941
goods sold
General
t
1942
Selling; warehouse and handling expenses D;
Account of Accumula-.
on
.
<
-
Dividends .paid
declared
7%
of
.
'
the
on
4
$2,777,453
Gross profit
Increase
-
$1,825,816
;;
Co.—Earnings—
sales
Cost
4) 4
'/)
1942
1943
Salt
Years Ended Oct. 31—
Net
during the four weeks,
with 3,431 stores* in the
compared
p.
stock) has accepted tenders-of 726 shares,
$306,428
holders
made
Period End. Jan. 31—
$4,933,603
92,000
$581,830
3-11
1
2-15
,..r
$30,777,718 $25,844,115
Xamson Corp. of Delaware—Tenders
+Net
1
+20c
operations___)._„_;_v.__y__-x-.i.--.
$6,802,555.—V.
$789,083
Inc.—January Sales Up 18.8%—
profit
common
69,896
4-
4-
.
4
inventories, $1,102,558; sundry debtors, >
land, buildings, machinery and equip¬
depreciation and depletion of $4,763,761),"
$4,561,125; deterred charges; $19,643; total, $6,802,555. 4
4
Increase
1942
the Preferred Stock—
directors
tEarnings
248,309
amortization
and
1941
on
Lehn
$27,116,800 $20,074,054 $15,626,573"
24.989.800
18,548.474
14.871,822
56,965
Iliscellaneous charges
Depreciation
,
1943
6 Mos. End. Dec.
-
;
Ret
4:4
'$7,273,747 y
1,062,830
pp.' 346, 255.
each
•Net
Calendar
3-11
paid
(less
plus,
r
1,4
'
C ost
30,
accumulations
In
<
20.
•
-
2%
share
per
27,to
Liabilities—Accounts
share on account
preference stock,
payable Feb. 23 to holders of record Feb. 17, and four additional divi-4
dends1 of 50 cents each on account of
arrearages on the same , issue,
payable March 11, June 11,.Sept. 11 and Dec. 11, 1943, to holders of;
record March 3, June 3; Sept. 3 and Dec.
3, 1943, respectively; '•
•)),,"
of
his
Oct.
each
Total income
for
10.8%—
1942
2,168,494
157,
•
common
March
4-20
12-18
"
1943
-
Langley's, Ltd.—To Pay $3
"
cents
was
Note—Depreciation and
of
;
9
,;
share has been declared
per
1942-were
and
each,
(G. It.)
cents
value,
par
'
sales
—V;
The
(D,. Emit) Klein & Co., Inc.—25-Cent Dividend—
A
1943
.
Month of January—
4,:..;„4"4,
'44-,,.'.
v/-.,,
Co., Inc.—Obituary—
President,
Mo'ntciain,
in
4)
'
-
)
i
Lane Bryant.
,
>
.
of
trust
65,000
Kidde &
(Walter)
255.
p.
period last
tions
Walter
)
475.
4g_^4/4_:,4r'_y_/4_^ii4/yyy
same
.
j
tificates
p.
Four Weeks Ended Jan, 30—
ended
Jan. 29 filed three registration statements with the ;
Exchange Commission for new investments fund.
One
in
25
Feb.
from
$5,247;
on
rtatement covered
participation
1
1
Net; income
y The average number of stores in operation
Keystone Custodian Funds, Inc.- -Registers Three New
Issues with SEC—-
Securities
tax
tax,
Provision for Federal'and State
1944-
1 Kroger Grocery & Baking Co.—Sales Up 19.1%—
an
Sales.
company
157,
fund. 4 JMaturing
and sinking
1943
(S. H.) Kress & Co.—January Sales Up
amount'sufficlent to exhaust $10,500-57 4
now
in
the
Tenders should be submitted at a price,
(exclusive of accrued interest).-W. 156, p. 606.
The
5-
3-
4-1
-44' 25c
4
.
5
2-20
10c
50c
4
Profit
counts
$7,276,353
$9,452,809
fMaturing
Month of January—•
Sales'
Bank & Trust Co., trustee, Louisville, Ky.,)
April *6 receive bids for the sale to it of general
on
gold bonds to
sinking fund.
mortgage 6%
2-10.
1
,
Liberty; National
ilt tmtil 11
x-
2-18
2-
Montoype Machine Co.—25-Cent Dividend—
of
Assets—Cash,
^
Kentucky Hotel, Inc.—Tenders Sought—
,
1
:;4: 50c 44 3-
(s-a)
sales
counts
97,486
4 .• 1942
1941
: "4Sales
$13,086,932 $12,655,233 $10,00.9,397 y
Of the 725 stores in
operation at the close of January, .1943, 663
were
:in the United States and 62 were in Canada.
A year before, 4
671 stores were in the United-States and 62 in Canada.—V. 157, p. 475.
43.
p.
4
3-
3- 6
25c
dividends.
funds,
resident
)4 '4: - ;y -4v
*109,4004 201,681
88,886
1
Month of January-—:
$0.61
•
3-
40C
this dividend/
for
accumulated
1942.—V. 156, p. 1690.
Dividends
li.—4
225.000)
(S. S.) Kresge Co.—January Sales Increased 3.4%—
""After
Current
.
25C
30%
*
Lawrence Portland Cement Co.—Annual Report—
) 4
Calendar Years—
*
"
1942
1941 ,4V
4
3,209,750
-
__
par)-.
surplus
1940
interest, depreciation; amortization, State and Federal income)
end excess profits* taxes.
fOn 384,100--shares of common, stock.
; '
.
1-30
.
$1,495,984
233,343
SO.55
2-11
2-15
'
(final)
(s-a)__—_—4
Canadian
$1.25 per share
291,484;
"
$2,391,287
,) 212,998
$3,076,282
,
4;-:,3-' 1
Other- income
>
"1941
$1%
18 %'C
.,
2-15
-.2-15
:
475,000
Earned
1952.—V.
_
1
1
Manufacturing, and shipping
Selling, administrative and general expenses^—
;y 674.418
1,190,000
,
par)
par)
of
$575,000 I
4_4l4/'',..■.) 275,000
surplus:■
•Preliminary.
1942
3-
3-
(quar.)
.ts-a)—4.4_4i—^4—
15%;
stock,; payable.
Net
$7,276,353 i
30.395
Total
"
50C
$1%
closed
*
3-20,4
3-13
common_—
not
of
in
tax,
A-dividend
32,283 4
profits taxes '4 1,217,449
'.j.
)
120,000 4''-'g.,.
(no
account
resident
Lanston
458,461) '
>.4 414,2014
contingencies
stock
tOn
books
3-20
1
1
50c
—
^Transfer
1
4-
preferred (quar.)
2nd preferred
2-10
4-
:4.
(irregular)_4——
Knitting Mills, Ltd., common
JPayable
359,0604
excess
deposits
Coach,
4-
$1
(ord.)
:;4;2-27 4:i
43-"5
$1%
Youngstown Sheet & Tube, common——
5 % % preferred A (quar.)-
3
1941
^.4'4 987,455
and
1,288,048,650 1,166,498,365
Joy Manufacturing Co.—Earnings—.
9.,y
-
$1.75
:
& Co., Ltd.
7%* 1st preferred
-v
..$004,460,%
.
■•mortgagesL-'j.i-ji__t_y—a—JIlw-4v———4
security
preferred
F/T—■
5 Months Ended Dec. 31—
9
2-
3-10
V;
35C
Co., common (bi-monthly)—
Common (bi-monthly)
—_4_—
Wurlitzer (Rudolph) Co., common
ment
—V° T 5 5." p)" 8 2 6~'"~4 4
2-
2-26
'SI
50c
Wrigley (Wm.)
..'444)/
■
n942
$500,000
(trade)
preferred
Common
63,785.923
98,581,330^
72.048,741
107,951,493
2-26'
81
;V
preferred (quar.)
Steel (irreg.)———;
(F. W.)
1
}
Capital
Qeneml
Woolworth
1.-18 /
2-
(quar.)_
preferred
•
2-15
-
7%
$6
*
1-18
2-15
,
(quar.)
Mfg.
1
2-15
$1% :
(quar.)_
common
<2-
3-1
:2-15
$1%
Corp,_____
Products
2-15
•
2-15
miscellaneous-liabilities--——631,824 4
for
prior
$8
await-
ing-.order or not yet due_>-_v —
sui*plus fund
—"
———.—
•
Reserves
6,702,114
3,150,000
6.869,354
other items
Paper,
preferred
2-15
$1%
Winters & Crampton, 75c conv. pfd. (quar.)_
Woodward Governor Co. (quar.
Woolworth (F. W.)
Co. (quar.) ——
4
3-15
|' $9,452,809
payable (bank, long-term)
serial .debentures
$3%%
:
$5
taxes—-—4,003,000
deposits and
7%
Instrument
Chlorine
Whitaker
2-13
2-15(4
$1,164,844 '
(banks) V;
serial ' debentures
'estate
Notes
4
■
Westvaco
8-15
'4'4', ■$!■"
_
?.
4-;.
4
Fed.: income
Managers'
for
prepaid int., prem. & sundry
:r 4)
items15,058,499
Bpecial reserves for group mortality,-annu¬
>—
1
payable
and
for
Real
Reserve for death, endow.
Reserve
f
-
3-15
).
insurance-—-; 290,768
deposit -(contra).
30,395
Liabilities—"
Frov.
dividends)to policyholdersr
&)disab. claims in
—
Electric
5-14
8-31
4,3-1
250
Co., $1 conv. pfd. (quar.)
Snowdrift, $4 conv. pfd. (quar.);
Electric, 6% preferred (quar.)—
7%
preferred
(quar.)—
West Virginia Pulp & Paper,-6% pfd. (quar,)Westinghouse Electric & Mfg., com,- (irreg.)
7%.participating preferred
—f
Penn
Weston
2-13
5-29
10c
1
3-19
.
2-27
'
$l3/4
.
(irregular)-.—;_4'
Wesson Oil &
7%
4-10
———-44—————4:; 5,292.430
:
;"'4 164.444
,
_!__—■
Accrued
Reserve for year's
/preferred (quar.)'
Engineering Co.
West
7-17
3-10
value-life
12,812,970:
——4^4———4—— 1,050,423.134
$1%
4: $1%
'
7 %
2
50C
(quar,)
(quar.)
Class B
2-15 -4
tax anticipation notes____—__xi\. 900,000
(less reserve)/—r 216,546
surrender
Total
Liabilities—
Policy - 'reserve
1
22VaC
_________
juice) 7%' preferred "(quar.) _-::t
Grape
''preferred
7%
Fixed assets, less depreciation and amortization
;y 1,393,279 .4 1,429,942
Lasts, patterns, dies, trademarks & goodwill--- 4' "4;
3 4V
3,
1,288,048,650 1,166,498,365
.
4-
'
5-15
York
4-17.k)
y
.
receivable
Notes' payable'
Total
1
7%
2-25
3-10
40c
-
>
''■•4)v .:4;4!-'')'''''.4:,)4;44'
Managers'.security
25,646.627
-
6-
Yellow Truck &
4-20
?
)i .15c
(quar.)
h___4i
Cash
15,312,222
________—
4
3-20
$ 134
-
(quar.)__^_
Iinterim) _^_„^~wT___
Merchandise
83.455,728
•.'
.
'(quar(L-~-i----^w-+»---.-v?'''i-.$l%
preferred
Prepaid
166,200.433
and
banks
4
-
3- 1
20c
common________$1(4
Cash
U.
50,479,134
deferred and other assets
$ 2 ',
Water,
3-22
.
Interest
(s-a)
preferred
Williamsport
2-22
t
5-15
2-11
•>
'
'
2-15
2-15
Lace
2-15
2-15
r.
2-15
Welch
2-11
Co., common
Accounts
78,211.117
:
1
2-27
1
•
2-18
Consolidated
166,170.093
and other real estate—
3-
$9
1
.
,
12-24
$1
' \
Assets—!
Co.-r-Balance
20.563,043
liens
office
75c
—
6-
Spencer
3- 2
Vultee Aircraft, $1.25
2-15
19.938,401
mortgages__—_____—
on
company's policies.——-
and
Xiome
2-15
2-27
Wickwire
3-1
1
3-
Wilkes-Barre
1-3-44
3-
$1%
(Wm.),
-
50c
$ 11/4
2-12 ,)
3-1 4:
5
2-15 '■»
(quar.)
Whitman
4-1-
).
Stock
2-15
3-10
3-1
Detinning
2-15
765,580,304
4——-——J——
7-2 4"
2-19
;'.'7-. t6-21 )•)
.■ 10- 1
,9-21
.::4x:'.;v.50Cy
(quar.)—
preferred (quar.):
3- 1
4- 1
918,340.961
1
5-25)4
4- 2)4
6%' preferred (quar.)
: • • 37'/4c
(quar.)37(4c
preferred
'
Vulcan
due' and accrued^——— v-13,950,094
owned
2-25 4,
,
$1
Vogt Manufacturing
4):).:.':
;
3,
$l3/s
Works
Iron
3-1
4- 1
.-
Insurance
" ''•;4'':\ 4 ,');.4y:.);';'_;'4;),,:4
•>
Dorn
6%
8
3-15
1942
) )•';
$1
Virginian Railway,
2-26
Sheet, Dec.' 31—"v4.
Assets—'.
Knitting Co., common4___________„__
Virginia Coal & Iron Co.
2-15
Bonds and notes owned
"„4,,.;
,
.
Vanadium-Alloys Steel
1-15
53c
53c
58Vhc-
Mutual
1-29
.
(Continued from page 604)
;
<John
3-20
2-20
2-26
3- 1
(monthly)..——_
$1.00
,
(quar.)
Wentworth Mfg.
3-12 4;
2-19 4*
common__4__
'
1
;"
(quar.)
Wellman
(quar.)_________—$1.75
preferred
Common
preferred
Wayne Pump Co,
3-16:*
2-13
3-26
V
2-19
3-
5 %
T
:44'l4':!4.3-19,:l;4
.
_
Valley'Mould & Iron, $5.50 prior pref. (quar.)
2-10
2-15
4- ?
(monthly)
'
3-16
2-27
,4.44*'...
2-19
$1%
—
_______
50c
(monthly)
preferred
prior
3-1
;
2-13
3- 1
*
•
4
(quar,62(4c
prior preferred 4quar.62(40
5 % prior preferred (quar.)
'
62(4c
5% prior preferred (quar.)____4______--^_
62(4c
2-13
).-:44- 50c
-
(monthly)
preferred ' (monthly)
/ 4
8-31*
11-30* *;
<
4-1
.,,.
5% prior preferred
2-15
3- 1
50c
$1.75
$2.75
preferred
37'/2c
(quar.)_
5%
'I
Light & Railways Co, (Del.)—preferred' (monthly
prior
Printing & Lithograph'Co.—
Utica
1-30
3- 1
25c
:!
(accum.)____,
prior
-
6%
1
75c
United Engineering & Foundry Co., common-7% preferred (quar.)
United Gas Corp.,
50C
__
of
,,
5-31* 4
4-1
"
.
1
438c
_~
50c
(initial)
B
5%-preferred
5%.
'*
2-27*
States Sugar Corp.-—
4.
participating conv. pfd. A (quar.)—r:
40c
3-10
%. participating conv. pfd. A (quar.),___„,.. 40c. .( 6-10
$5 preferred (quar.)
$1(4
4-15
$5 preferred
(quar,)y4$iy4.7-15)
United Wallpaper Factories, -6% pfd. (quar.)
~
$1(4
3-1
Universal Insurance Co.' (quar.)
10c
3-1
Upper Canada Mines, Ltd. (interim)) "$2%c
2-27
Upressit Metal Cap Corp. (accum.)_^____:
-v.:. $2
3-11
Utah Idaho Sugar Co.J_______________T.___
15c
2-15
Utilities Stock & Bond Corpf (s-a)_-;_4_—4- 44440c
3-1,
5
(quar.)
(quar.)
"6-19
50c • 4:9-20
4 50c" ''12-20
'
.
class
Co.,
Warren Foundry & Pipe (quar.
Warren (Northam) Corp., $3 pfd.
3-10
,
'
—__
2-
.
-
lqU&r.)___:—v
6.4%
3-
$1(4
1
•
Brothers
3-15
—_
1-30
United
,
2-20
^
.
of Rec.
-3-15
■■■
Washington Railway & Electric Co
Participating Units Beneficial Ownership
2- 2
3-20
50c
United States Steel Corp.,
2-19
3-10
3-15
50c
$ 1 '/•»
(quar,)'___;^__^_^-.-__-__^_-T'i
United Corps.,vLtd.,
2-10
4-
)''
50c
(accum.),
:
—4^4'::"$1,,.
Rubber, 8% non^cum. 1st pfd. (irreg,)
; 4,r' $2
S.
7%
$1-Va
$1V4
(quar.) ■_
com.
25c
.
'
3-20
.
2-15
$3 preferred
U.
2-25
SlVaf'
Aircraft-;Corp, 5/% conv. pfd,,(quar,)_.
United Biscuit Co.
S.
r
1-30
*--*-)
•
Holders
-m
$25c
Walker (Hiram)-Gooderham-& Worts(quar.)
$1 preferred* (quar.)__
—4_
Warren
.
1-20
6.4
$1%
(in'egularj/_A________<_-\:.
Car Co.
(resumed)
U. S. Plywood Corp., $1% conv. pfd,
3- 1
(quar.)
3c
._
Playing Card Co.
Extra
2-11
2-15
(quar.)___
____:
;*
Tyer. Rubber Co., 6%-' preferred (quar.)_;.___/
Uriion" Electric! Co." (MO.), $4,50 pfd. (quar,)
S.
2-15
62»/2c ,2-25
v-
Quarterly
2-
-
$2% ,4.4-10
r
'
-
Quarterly
3-12
20c
preferred
B
Quarterly.
$1%
...
class A
Co.,
Quarterly
1-22
common——
Pciw.:Shares, series
United States pipe & Foundry Co.—
2-
(quar.)T—4-L'_;4-;_-_T'4:
Co.,
S. Leather
U.
2-15
2-22
41c
—4_—'•
•;
N. J. RR. & Canal (quar.)
United Shoe Machinery (special)—4___
2-15
.
20c
U. S. Elec. Lt. &
'
lOc
;
$1.25
'
United
..
12%c
MineS___'
Gold
Tvane
4
(quar.)
1
;4
44-)/' '.1,
Ordinary registered .(final)^-—410%
Amer. deposit rets, for ord. reg.
(final)—-<'
2%c
4
(Forest
5
.
-
Y.),
Island
2-
_
Ltd.—
N.
Bank'ofJ Long
3-
_
Tobacco Securities Trust,
Nat'l
Hills,
,
_________
When-
Payable
'
(Interim)
Mines,- Ltd.
*
2-15
$3c '•>» 3-1$
Bullivan Machinery1 Co. (qunr.)
25c
2-25
Superior Tool ■& Die Co, (increased)—7¥20
2-27
8',van-Finch
Oil Corp.,
common
{irreg.)__•_
25c
2-15
6% -preferred
4_—
37VaC <
3- 1
Bwift ■& Co. (quar.)_>___—a/*-,.—
•
30c
4- 1
Special
—4.
30c
3- 5
Bwift International Co., Ltd.—
Dep.
receipts
(quaiv)
50c
3- 1
Byraciise Transit Corp. common (irregular)_
75c
3-1
Common (irregular) —Ls-L——_______
75c
9- 1
Tamblyn (G.) "Ltd.; common (quar,)__ ___/_)
420c
. 41
Preferred iqiiar.)
$62V2C
4-1
Tampa Electric Col, common
) 40c
2-15
Preferred A (quar.)__j__~..__
_____
$1%
2-15
Teire iiaute Water Works, 7% pfd. (quar.)
$1%
3-1
Texas Gulf Sulphur- (quar.—450c
3-15
Texas Pacific Coal & Oil (quar.)
10c
3- 2
Thatcher Mfg. Co., $3.60 preferred (quar,)V ;
90c
2-15
Thompson Products, Inc., common (irreg.) _a
25c
3-15
$5 convertible preferred (quar.)——
•
$lx/4
4-1
Tidewater Associated Oil (quar.)___;—•
15c
3- 1
Timken Roller Bearing Co._-___
__—50c
3- 5
Consolidated
thare
v y--
'
Bull!van
$100,
National
15.
1943;
bonds
Bank
as
to
serially
form
Trust
Co.
J.)
payable
in
interest
(J.
and
at
Continental
July
in
Illinois
of
15,
office of
Chicago,
lawful
1943,
to
denominations
principal at
and
America
at
due
in. coupon
registerable
money
National
July
of
trustee.
of
Bank
&
15.
$1,000,
Continental
the
Principal
United
Trust
Co.,
1955.
$500
Illinois"
and
States
of
Chicago,
option of holder at office of First National Bank, West Bend. Wis.
Interest Rates—The first
refunding mortgage serial bonds, series A,r
bear interest from Jan. 15, 1943, payable at
following rates: Bonds
or
Volume
Number 4151
157
THE COMMERCIAL & FINANCIAL CHRONICLE
641
'
maturing July
at
2x/z%
per
Jan.
15,
July
15,
to and including
1943,
Jan.
bonds maturing July
annum;
15,
15,
interest
2% 'to
at
per
per
interest
at
3%
thereafter
to
per
to
annum
Jan
to
and
bear
interest
Ludlow Manufacturing: &
including
maturing
bonds
annum;
1947, to . and including Jan. 15; 1951,
annum; and bonds maturing. July 15,
1951
bear
1945,
1945,
15,
bear
1947,
.' i
interest
The
capital
3%
at
stock,
March
and
thereafter, bear
1949, and at 3Va % per annum
15,
directors
of
option
corporation
and
less
not
upon
than
Jan.
In
on
addition,
the
maturity
at par
and
Purpose—Series
reduction
1st
of
and
corporation
issued
effect
to
outstanding.
-
Appraisal-—Series
and
the
being
are
obligations mow
on
Security
tions
bonds
A
See
■
registered
who
nurses
members
are
of
the
Order,
household maintenance and service
hospital buildings and premises.—V,. 156 p. 2307.
duties
in
engaged
the
five
over
tories
on
31,
was
it
necessary
1941,
Consolidated
to borrow $20
Account for
Income
1,074,739
1,249,080
1,157,090
511,817
Capital
127,510
145,16(f)
142,021
Capital
3,380,006
—
profit
$2,300J)44
$2,463,733
$2,866,922
S2.88
-*-•
$3.09
$3.59
share—
per
the
quarter ended Dec.
with
quarter
75
85
net
a
ended
cents
"On
profit
Dec.
$834,477,-equal
to
$1.05
31,
1941, and a net profit
the quarter ended Sept. 30,
share for
a
of
798,000 shares
$5)
(par
of
shave
a-
for
$680,781,
'•
■
sales
Cost of
•
:
r
Depreciation
1941
'
1940
•
'■
.
tons
157,
72,335,494
497,525
Percentage
Dec. 31,
Total
Less
to
Profit'
—
>.
•;
,
$6,075,628
$5,843,059
$8,249,786
income
,
In
of
spite
able
labor,
to
reduced
21,011
improved
1776.
p.
for
in
an
ending
•
■
."v
>-
Dec.
31,
$286,800
amounted
1942,
$5,427,745
For
Profit
Interest
•
687,242
695,852
1,771,180
1,511,495
16,828
■
——
15,231
15,344
$3,853,050
$3,846,442
etc
taxes,
Minority
$5,858,418
3,622,773
———
Federal
"Net
$8,249,786
712,311
•
interest
income
$3,914,703
$6,075,628
$3,383,168
$5,495,384
for
698,427
dividends
„L-i**
dividends
Common
.,686,000
.2,246,634
Previous
Refund
Real
rJ.
surplus
The
of
15,851,201
ended
price
%■''
.value
14,368,399
value
of
5%
cost
value
7%
over
of
post-war
21,237
Shs.
—..1,871,950
sh.
per
on
1,871,940
1,871,929
1,871,884
$1.72
$1.44
$1.69
$1.69
com.
capital
less
in
a
1942 provision for Federal and State income, franchise
stock taxes amounted to $2,706,773 as compared with
the preceding year, while the reserve for excess profits
post-war refund of $90,000, was $916,000 against $56,000
■
Yy
■'
■■■'
1941.
Consolidated
.
"Real
tobacco,
Trade
Cash
banks
and
on
31,
S.
Treasury
tax
receivable
Notes
and
1942
$6,808,595
and
7,701,810
4,453,714
1,000,000
438,280
500.780
230,614
and
Accrued
taxes
Accrued
229,318
$84,504,498 $60,196,895
interest
18,719,500
3.509
11,581,950
4,621,080
"After
2,518,826
221.827
223,336
bonds
—'
17,541.470
—1—
776,687
16,573,187
-2^-—$84,504,498 $60,196,895
depreciation of $5,055,292 in 1942 and $4,627,357
for
reserve
tAfter reserves.—V. 156, p.
1954.
below.—V.
Ry.,
93,
V.
137,
Marine
The
by
p.
4537.-
after
for
Massachusetts—
C.
W.
"The
Hubbard,
issued
has
paid
by
income
the
distributions from
of
ruling
decision
of
the
Jan.
1942
Massachusetts
All
filed by March
"The
in
corporation
tax.
1942
to be
dated
statement
a
this
.
15,
1943,
ruling
exempt
are
to
fair
stockholders
their income tax
returns
to
Massachusetts
1 this year for 1942 income.
Commissioner
is a
consequence
rlt is noted
Court
of
Massachusetts
holding
a
recent
that
if
an
taxable.
not
1S42
"In
poration
the
in
the
calendar
received, bv
those
as
received
distributions
March
1,
1943,
desire
a
of
ruled
that
1941
year
stonkholders
in
1942.
this
distributions
in
company
taxable.
were
1941
Stockholders
received
by
stand
who
in
1941
cor¬
However,
the
on
have
this
paid
should
same
a
tax
before
refund.
an application for abatement of the tax if they
Applications for
abatement
should
be
made
on
Form
12, which may be obtained from the Massachusetts Income
Tax Division, 40 Court St., Boston, Mass.
"For
Federal income
tax purposes,
the distributions in 1941 ancl
1942
are
current
fully
file
taxable
since
in
each
year
they
were
not
in
excess
of
earnings.
U.
S.
ment
in 1942."—V. 157, p.
255.
in
1941
and
of
taxes
in
of
recovery
these
the
The
is
is
average
Loans
and
equal
four
75.3/r
to
the
of
of
last
unneeded
accounted
of
the
for
$3.75 per
;
quarter,
than
sufficient
31,
1942,
to
and
affiliates,
write
unlisted
trust
Total
resignation
James
L.
Palmer
First
as
Manager of the
&
Nelson
Field
in
company's
Seattle—has
&
Co.'5
Chicago
■
-
H.
in
the
Clair.
St.
presidency,
Mart.—V.
157,
Percy
Wilson
an¬
Managing
as
346.
p.
Nov.
Ended
80,
1943
$4,693,432
$0.57
income
taxes, etc.
tOn 539,210 shares
1505.
p.
all
of
the
banks
of
the
group
Dec.
on
31,
1941.
five
—
of
of
loans
and
U.
S.
$670
$0.89
and
its
reported
affiliates
that
Years
Ended
Dec.
81
1942
(Holding
1941
$361,325
363,113
of
securities,.
on
Net
Assets,
Dec.
Federal
income
tax,,
total, $7,668,327.—V.
share,
a
share
,
.
1942
81,
-
$19,000;
157,
p.
•
other
accrued
net
assets
.'
475,
6.410,211
which com¬
on
at
the
trustees declared
the
distributions amounting to.
This includes the distribution
total of $5,490,200.
from the amounts received
a
or
which
outstanding
.■■'■'■yy.y
declared
1942,
shares
5,870,592
on
.
$0.28
declared payable
1942.
The amount
Jan.
was
record.' Dec. 31,
of
the
during
20,
1943,
last
to
paid
share
per
quarter
shareholders
in the calendar
$1.01, which does not include the above distribution of $0.21?,
include a distribution of $0.40 paid in 1942 out of previous
year was
but does
year's income.
of
assets
net
0.90%.
'
,y
to
expenses
1,
Jan.
Federal
of
exclusive
was
of
ratio
The
.
net
a verage
March
31,
income
June
taxes,
'••
Income
'
for
Account
assets
30,
was
Sept.
0:53%,
'
'
" ,:
Calendar
based
Cash
dividends
from
domestic
a vera re
-Y''.y.'; -v::
Years
:
:
1941
companies——
$5,243,670
"$5,837,809
dividends from iorefgn companies,——
tCash
277,598
317,675
received
Dividends
in stock
of
other
than pay¬
125,124
ing company
Interest
: Other
the
on
30 and Dec. 31, 1942,
and inclusive of taxes,
1942
-
bonds.
on
—
—.-
i 359,678
...
y
interest
239,127
5,731
$6,006,644
$6,394,611
501.935
income
Gross
496,874
Expenses /■"—*:—
Provision for Federal income tax—
officers
the
armed
Company
342,000
...—w-.—$5,162,708
$5,897.73$
Distributions to shareholders—5.490.200
6,009,329
Net
income
1939
$6,186
$11,543
"And
10,386
20,663
21,419
__1,258,373
1,602,072
1,893,813
1,868,372
North
per
common
$1,260,025
$1,618,644
$1,926,018
$1,914,686
Operating
expenses.*—
103,308
101.405
93,941
102,826
"Frov.
Fed., taxes—
35.000
80.000
75.000
$1,757,078
1,750,846
1,750,846
5,870 59:?
$16.89
$15.57
—_
proceeds from sale of stocks received as dividends
Co.
tLess foreign income taxes thereon.
America
Statement
of
Net
Assets—Securities, $98,328,366;
$3,249,090; U. S. Treasury tax
(demand deposits), $8,350,047;
shares
receivable
for
December.
1942,
$1,754,860
1,750,846
——
sold,
Assets, Dec. 31,
on
1942
U. S. Treasury short-term obligations,
savings notes, $300,008;
cash in banks
receivable for securities sold, $30,163'
receivable for dividends due in
$37,200;
57,000
$1,437,239
share
6,410,211
;
——
$127,265
$24,895
Dr5,483
capital stock.—
Shares of
only)
1940
banks,
affil.—
$392,855
.398,153
securities
219
in
are
:
373,131
per
1942
year
of
.
activities, it is
59,090
19,000
reports net asset value of $16.89 per share
stock outstanding at the close of 1942.
of
'
*
deposits.
war
corporation
tax-,-.,
(no
.
"v--.':
Government
1940
$420,415
42,910
.
.
capital
the
In
listed
-
-
income
gains or iossess
$7,633,901;
par),
shares
months.
-
1941
47,359
by the
were
Inc.—Earnings
$435,775
——
pares with $15.57
end of 1941.
and
$25,800,000.
Fund,
1942
$441,143
Massachusetts Investors Trust—Annual Report—
securities
intention
Second
w-—_—';V. $374,784
paid
securities
($1
and
$7,135
and
2,
First
years
the
.[■
Quarter
156,
income
sale of U. S.
income
2lk
Vice-President of the firm and
Federal
Federal
The company
were
paid on a semi¬
and Jan. 2, 1943, dividends of 8 cents
J .'■■ 6'". ,y:v-
and
securities--—
cos.
last
following
share—
common
Liiabilities—Accrued
guaranteed, increased
The average maturity of U. S. Govern¬
and nine months; figured to call dates
years
Interest
Div. from constit.
the
y
Feb.
on
Corp.—Earnings—
for
,
announced
securities, " direct
:
from
Committee,
Marshall
i.*
Earnings
Govt,
in
166.
p.
''•'.—.v
taxes, $4,131; payable for capital stock reacquired, $11,205;
.-V-v"-
.
total
Statement,
157,
securities, $7,143,245; n6h-income-nror,'urtdividends declared in last 12 months), $13,687;
cash on demand deposit,
$458,635; dividends and interest receivab':\
$38,154; receivable from broker for securities sold, $2,739; receivable
for capital stock sold—in proceess of delivery, $11,777; total $7,668,237.
amortiza¬
substantial
a
services.
Operating
indicated
director.
of
General
of
income
.
decreased
the
and
W.
change
as
Statement
ing
a
$569,000,000
years
heading of
employees
''
recommendation
on
"Assets—Income-producing
"
report, dividends
aggregate of cash; call
Under
seven
as
'
Executive
and
succeeding
stock.—V.
"Exclusive
v,
Midland Corp., as indicated
share, ancl it is stated that
charge-offs and suggested reserves
the. latest reports of examinations,
Dec.
on
1942,
with
three
city's
traction
to four
346.584
common
"Net
Marine
in
•;
.
discounts
a
" ;■
,
'
depreciation,
Dividends
during the first
the
earnings.
.
; .
$462,146 of amortization
$9.45
all
the deposits
is
in
'
.
Provision
Dec.
quarter
more
annual
Government
securities
the
by
company
profit
.<
July 1,
compared
for
Net
profit
tDivs.
paid
Balance,
"Infcludes
1939,
-
$1,121,717~
—
and
accrd.
$10,000
$51,512
in
1942
franchise
and
in
906,324
$215,393*
surplus
canita?
"Distributions of $4.5(1 per share were made
share were made
for
values
last
On
year-end
as
of
requested
paid..
were
the
Profit
Commissioner
the
made
distributions
basis
on
has
their
*Vl'
,
election
Manager
operating
ended
year
a
impairment • of its capital or capital surplus,
until
the
impairment is made good, distributions are treated for
purpose of the Massachusetts tax as distributions out of capital and
corporation
of
earnings
that in accordance with the
basis.
share
and
of
the
' 1. y'.;/;;y>
stock
reserves
market
*0
itself.
the
reserves
items
given
taken
enterprise—Frederick
the
Expenses
w
amounts
$144,000,000 during the year.
Massachusetts
therefore' omit
should
to
large
quarter;
approximately
excess
on
November ami
last
the
Commission.—V.
Years Ended Dec. 31—
the
of
the
Massachusetts Investors
$28,031,906.
consolidated
for
over-accruel
the 'fourth
Corp.
is
Vote
—
,
"After
166.
is
an
appraised values.
000,000
that >,dividends
from
the
-Supreme
were
scurities
"
Feb. 5, in a letter to the stockholders, said:
Commissioner of Corporations and Taxation of Massachusetts
in
net
value
providing
The
Jr.,
reflects
affiliates
returned
that
of
the
Merchandise
the
tEarnings per
were
;
banks,
Midland
report,
doubtful
there
a
Taxable; in
This
its
unexpectedly
result
book
the
At
Not
and
was
in
reserves
directors in
164;
p.
an
*•'
President
Earnings for
1943—12 Mos.—1942
■
$1,916,494 $32,790,504
in
net
annual
Inc.—Dividends
Bleachery,
Lowell
with
of
and
157, p.
of
President
resignation
Masonite
aggregating $1,515,135.
operations for the year shows an increase
$1,50.9,811 in the surplus account of the Marine Midland
Corp
after the payment
of dividends of $906,324.
The
increase in
the
surplus account of the corporation reflected the netchanges in sur¬
plus and undivided profits of its constituent
The
;
Pacific Co.—Tenders—
Electric
Pacific
See
/
stock.—V.
of
$7,950,000
was
Utilities
stores.
:
of
.
Los Angeles
period
determination
defeated
M. McBain, for
elected President,
as
General
President
his
Director
operating earnings was
previousJy deducted from gross earnings and later recovered from the
sales of bonds, compared with
$354,570 included in the 1941
earnings.
Taxes aggregated $934,000,
Federal deposit insurance
$445,000 and
social security and unemployment insurance
$151,000.
From operating earnings of the banks there
were
transferred to
20,000,000
2,101,463
Earned surplus
in 1941.
18,719,400
3,409
Accounts
Total
$9,800,000
11,495,750
expenses.:
on
was
01Y securities
valuation
payable (bank loans)———..
and drafts payable—
Notes
there
Included
90,000
—
months'
common
stockholders
caused
part of the increase
—„
the
on
three
1943—Month—1942
to
1942
1866.
p.
Again to
Co.—January Sales Increased 16.7%—
which
tion
$9,800,000
the
dividends
provisions
of
1
—
for
stock
one
action
.
announced
retail
conservatively estimated.
preferred
for
to
remains
'
been
Street,
Coincident
still
was
13
the
Public
•
Corley
•
6,891,177
yyv^yyy-'Yy:; YYYy
7%; cumulative.—*-.
was
the
Hughston
D.
suburban
nounced
011
1
miscellaneous investments
bonds
share
corporation
quarters,
156,
,..
Chairman
also
S.
appointed
1942 was
1942.
three
Agent, Etc.—
:Street' Joined Marshall: Field & Co. five years ago as General
Merchandise Manager of the Frederick & Nelson store and was recently-
of
report
the
5,187,324
.
..Commonstocky.-.
Common stock dividends scrip
Gold
of
Revenue Act
-——:
.
annual
hi
($1,056,995
Mr.
the
over
April
similar
for
v.
has
largest
"Net
$2,237,947
—„
notes
Total
stock,
17.60'4-
and
equivalent to approximately 70 cents
the shares
outstanding in the hands of the public at Dec
Operating income for 1941 was $3,857,443, equivalent to
approximately 68 cents a share.
i
Operating earnings of the banks were
materially lower during the
first nine months of 1942 than
during the comparable period of 1941.
However, the earnings for the .fourth quarter of 1942 were
substan¬
tially greater than expectedUncertainty, over the
39,929,748
■
Liabilities—
of
346.
p.
stock.r-V.
Francisco
involved
y.y
appointed
for
earnings
per
1941(.
2133.
p.
purchase
the Supervisors was
by
•
that
William
second
been
Sales
provision
1942, of $3,967,883.
31,
$7,192,157
charges
Preferred
cents
—
hand—
Post-war refund of excess profits tax
Deferred
credit,
share
•a
1941
-'.'•
receivable——.
notes
and
After
157,
The
31
brands,, etc.——:
marks,
in
iAccounts
U.
Dec.
supplies
ing
...
Sheet,
:1
machinery, and fixtures——
manufactured stock and operat-
estate,
Leaf
Balance
64,047,874
"
Assets—
credit.
income
$1,715,180 in
lax,
At
Marine Midland Corp.—Annual
Report—
Note—The
,
and
increase
an
is
bonds
Supervisors'
Field,
Dividend
/
-y
Field
Mr.
$2,981,988, before applying $248,006
Sales
surplus $17,541,470 $16,573,187 $15,851,201 $14,885,005
$10)
(par
Earns,
contingencies of $1,000,000.
$120,479,456,
Period End, Jan. 31—
10,053
outstanding
com.
as
McLellan Stores
par
purch.
loss
&
for
22,726
—V.
Profit
1942
equivalent to 83
18,500
13,785
subsidiary
companies stk.
31,
post-war
before
bonds'!—————
Excess
Dec.
in
Vice-President, John D. Andersen as Corporate Comptroller and Robert;
T.
Graham as Assistant Secretary and Assistant Treasurer.
these credits not been taken in the
December quarter, the provision
for Federal taxes would have
been
par
and
provision
a
Had
$16,601,739 $15,872,438 $14,907,730
The
Frederick
of
y.y.
.
submitted
agreement
Vice-President,
1941, the company reported con¬
after interest, provision of $750,000
legislation
67,011
$17,555,256
over
and
-
be
Approval
y ;
-y
Stanley
of
pending and the company's tax provision
Total
cost
y.yy,:,.
months
$3,957,544,
for the comparable period last year.
Consolidated net profit for the three months ended
Dec. 31,
—
———w.
Excess
-■;
■
$1,094,498
156,
at
as
responsible
($53,038,785
% y-yj/y,/
amendment
price
announced
$1,478,535, after interest, and after provision of $2,931,464 for
Federal
taxes, before applying $395,285 post-war credit.
The tax and post¬
war
credit figures reflect credits due to
excess
tax
provision for the
previous quarter ended Sept. 30, 1942, when tax
book
over
taxes
'■.
y ■
six
of
interests
assets
by
Marshall Field & Co.—Changes in Personnel—
$102,451,571
$539,331
14,885,005
300,000
taxes—'
of
process,
$920,422
Federal
profit
tangible
submitted
$54,369,943
common
Ry.—San
Mayor Rossi and
profit, for the six months
interest, and after provision
time, Mr. Murray explained that the provision for Federal taxes
considerably lower than would have been required had the com¬
not been privileged to make substantial
non-recurring deductions
because of charges arising out of the
reorganization.
\
Mr.
Murray reported the company's; net, sales for the six months
686,000
-
to
revenue
November.
■'
.
was
2,246,628 " 2,621,111
$450,538
16,573,187
i-
686,000
Street
y.y,' Y'
vote,
pany
estate—-excess
sale
.
2,246,630
.
$.382,069
Surplus
Y'
686,000
net
that
935,171.
"
Preferred
consolidated
stock.
comparable
net
net
Supervisors of San Francisco have approved another charter
property.
for
common
the
solidated
of
accounts
Co., Inc.—Transfer
&
its shares of
The
authorizes
After
the
on
67,639
value
by
$5,076,440.—V.
■;y.
The City
Federal
taxes, before applying $395,285
post-war
provision for preferred
stock
dividends
and
before
credit, these earnings were equivalent to $1.20 per share
credit.
book
to. minority
Mallory
■
voters.
31; 1942, of $2,172,099, after
of-$4,905,721
of
of
reserve
11.)
•.
reports
company
Dec.
..*
shown
as
applicable
fLess
amendment
to
:
McKesson & Robbins, Inc.—Semi-Annual Statement—
The
basis
year,
amount
Plan—
93.39
—
-y'yy,y'y. .'v;:yj
;;
$54,741,208
the
on
Market
the quarter shows a satisfactory increase,
ore.
An increase in filter capacity during
improvement in percentage of extraction.-—
grade, of
resulted
24,445,705
—
.360 ozs.
—— __————-
months
■".
25,955,516
Registrar for
tonnage, contingent with the shortage of avail¬
production
period
156,
12
<
of
due
V.
for
272,795
29,180,765
4,604
milled—
ore
258,327
29,180,765
$5)
(par
The directors of this corporation have appointed J. P.
Morgan & Co.
Inc.-as Transfer
Agent, and the Bank of Manhattan Company
25.615
sorted
extraction——;
-
the
1939
15,359
,
$583,6)5
219,436
-----------$56,081,673
1941),
>■';//-
..
•—
production
post-war
Other
$453,162
_
officials of the respective companies,
:
1942
—-—L-yy-—y
material
milled
Average grade of
73,927,831
443,316
$54,741,208
272,795
each
31
346.
p,
Value in Canadian funds of bullion produced and marketed
ended
77,509,717
479,911
1,173,560
$56,081,673
1942.
capital stock.-—V.
hoisted
ore
low-grade
Dry
$83,832,687 $78,908,647 $79,798,892
91,764,463
511,909
——
1,023,560
—
etc.—
surplus
(P,
,.y\y ;!■■:-
& adm. expense.
gen.
1942
-$100,526,158
•
goods sold, sell.,
Corup.—
„
;
taxes,
stock
"Valued
Dec.
the
equal
payable
Total :■
$3.36
•
31,
McKenzIe Red Lake Gold Mines, Ltd.—Report—
*
200,000
$2,684,420
exp.
develop,
•
'
Gross
51,981,790
in¬
—
reserve
Tons
Years
2,344
100,000
—
of
■'(
General
'
$6,883,649
Quarterly Report Ending
Calendar
656
600,000
-
certificates
Employees Service
Liabilities-—
3,410,856
pares;
To acquire these larger
million from banks;'^yy
Mr, Kent said.
Dec.
on
Mines, Ltd.—Earnings1942
1942, a net profit of $783,061 after
development expenses, depreciation and taxes, equal to 98 cents a
share on the 798,000 shares
(par $5)
of capital stock.
This com¬
required larger stocks of raw.materials, and inven¬
hand at the end of the year were approximately $24 million
inventories,
1941
$10,559
1,272,955
53,275,445
——j—
3.420,039
volume
than
more
receivable
tCapital stock of
—
—
———■
$1,039,210.
Increased
only)
$10,559
1690.
p.
3,535,219
and
percentage increase for the industry
the estimated
times
Company
affiliates
for
For
whole.
a
and
Dividend
Net
and the percentage increase
the brand,
the history of
highest in
as
panies
Reserves
"Earnings
exceeded $1G0 million in 1942, the first
time in the company's history, Herbert A. Kent, President, said in a
letter
to
stockholders.Sales of Old Gold cigarettes last year were
was
(Parent
banks*——
Owners' Loan Corp. bonds, at par———
"Capital stock of constituent banks, trust com¬
Com¬
—
'
the company
of
interest
1939
Total tons
sales
31
1,171,453
S. Treasury bonds and
debtedness, at par—„,
$6,749,114
Taxes
(P.) Lorillard Co.—Annual ReportGross
Dec.
Midland
_
1940
the
about
banks
Accrued
U.
Marine
$7,589,211
lay nurses and 74 student nurses.
The staff of physicians
46 doctors of
Chicago and environs several of whom have
State-wide or
national recognition.
Eighty-five lay people
includes
are
Sheet,
1942
banks:
1941
registered
attained
in
$7,375,542
income
Costs
•
A bonds will be the direct obliga¬
be secured by a valid and direct
will
Associates—Successor
Manufacturing & Sales Co., below.—V, 156,
Mclntyre Porcupine
History—The order of The Little Company of Mary was founded in
Nottingham, England, in 1887 and Sisters of that order came to-the
United States in 1893.
The Little Company of Mary Hospital staff
32
Ludlow
9 Mos. End. Dec. 31—
mortgage on land, buildings and equipment appraised at $1,025,158.
includes
Manufacturing:
Gross
;
,
Cash
record
Total
interest
an
of
Depreciation^—128,860
interest, which
'"•/
0'
privilege shall not be cumulative.
holders
to
Balance
Assets—
the
on
1942
Declares Dividend
pany
have the privilege of redeeming
of $15,000 of bonds of series A in
in excess
not
of- their stated
order
reverse
15
share
per
Home
Ludlow
shall
corporation
interest date
any
the
March
$2
successor to the Ludlow Manufacturing Associ¬
paid regular quarterly dividends of $2 each on
15, Sept. 15 and Dec. 15.
See V. 156, p. 1690,.
j
in
1953.
15,
payable
of
company is the
14, June
30
days' notice, any and all of the bonds of series A may be redeemed
the corporation on any ..interest payment date at the following
premiums: 1% prior to Jan. 15, 1948, Va of 1% after Jan. 15, 1948,
and on or before Jan. 15, 1953; no premium if redemption be effected
by
after
value,
par
Sales Co.—Dividend—
dividend
a
Other
which
March
Redemption—At
no
declared
6.
This
ates,
maturity.
have
1941,
sidiary companies.
and
$51,504
^Deficit.
in
$6^232
1$313,607
1941,
taxes,
$11,000
tlncludes
1940
in
1939
dividends
(none
in
.
y
1942)
and
of
$4,014
1940,
for
$51,489
paid
to
accrued
interest
Liabilities—Distribution payable Jan. 20,
Federal
of
(6,410,211
V.
tax
and
surtax,
receivable,
$218,701;
156,
p.
shares,
$123,932;
net
1943, $1,794,351;
$342,000;
payable for purchase of securities,
$7,906;
chase
Income
in
sub¬
$45,170;
total,
$110,558,835.
■
.
?
for
$27,412; payable for
repur¬
to
$16.89
shares of $1 par value!, $108,263,234; total,
,2307.. 'y
reserve
taxes,
equivalent
assets,
for
other
reserve
'
.."v.;
per
share
$110,558,835.—
°
■
Tons
of
50,003
$231,266
$218,919
metals
from
.-
costs-—
Devel, ft oper.
184.058
186.984
187,021
profit
$72,808
$39,920
$44,245
$70,249
revenue-
510
2,586
3,932
2,364
total, profit
$73,318
$42,506
$48/176
$72,613
4,000
7,250
9.000
4,900
oper.,
Estimated
Provision
taxes
lor
This
be
is
—V.
156,
But
calendar
of
Years—f
goods
V.
1942
1941
1940
$15,533,667
9,131,274
$12,430,935
7,194;103
1,596,821
operations.
; $4,670,671
T——
works
from
Earnings from other operations—
Ended
employees'
for
///
—
Dec.
;..
and
bonus
'
.
National
;//V
,..
-v
,// •'/
1942';,
26,
Federal
V1...':!
.••
$109,109 >
taxes
Period Ended—
taxes.-r-
two
/' Net' income
-
Net
Total Sarnlugs
operations//
from
$4,819,761
$4,864,543
contingencies.!/—/—-
for
J
$3,946,477
"'/—.—J/
250,000
1,835,666
1.800.026
1,747,726
$2,778,877
$3,019,765
77,249
$2,198,751
56,125
$3,097,014
$2,254,876
203,38G
137,435
Prov. for deprec., obsolcsc. &• depict.
earnings from operations.
Income
73,135
credits
Total
$2,852,013,
income
Income
charges
195,826
*1,450,000
■
Prov. for Fed. iiid. & exc. prof,
taxes
before
after
"Net
cash,
/i/iw-'/l
Net 'income
166.439
166,437
Earnings
166,439
,1,449,363
1.242,320
$1.26
$1.90
$1.72
■
tEarnings
share
per
"After post-war
shares of
828,171
tOn
refund.
Sheet,
Balance
Dec.
U.
S.
•
1941
$1,933,093
1,350,000
800,000
•
v-
reserve)
Devel.
1,015,080
charges
Accounts
:/•.//•'/
:/•/'•
:—$535,529
payrolls,'.etc.://—.'/i- ■ 1,757,479
payable
taxes,
for
/
operating reserves_-._--A-A_.:--,-.i ;
Preferred stock ($100 paij!;r
Miscellaneous
stock
tCommon
surplus
appropriated
Surplus
of pfd.
for retire,
Total
—
"After
Meeting Adjourned—- /
of
;
;
1941,
in
.
"183,518
,
excluding - securily
■
"/For
■
,
'
kwh.
,
ft. in" the corresponding week a year ago
cu.
January Electric Output Slightly Lower—Gas Procluc-
-
tion
subsidiary,..Mack
wholly-owned
its
(And
:
this Association reports, electric output
62,622 kwh„ or .51f# above
5,
production" of 12,161,073 kwh. for the corresponding week a year ago.
Gas output for the Feb. 5 week is reported at/147.989,000 cu.'ft,,
increase of 482,000 cu. ft.*, or ,33'/ above production of 147,507.000
T
Higher—
"
ended
month
the
For
/
„
Feb,
This is an increase of
'an
but before renegotia¬
after, taxes and charges
156, p. 2041.
ended
week
the
/ output of 52,958,483
Realty,- Co.)././•
below
1943,
this Association reports electfic
This is a decrease of 361,856 kwh., or 0.68%/
53.320,339 kwh. for the corresponding month a
kwh;
of
production
,
Jan. 31,
//year agp/.TZ/'-'T//:-•/■..■'■/T'/! /"//v /T--'
'v
1941 " '
' 1940
Gas "output'"' for January, 1943. is reported as 679,187,000 CU. ft;, dn
Sales
$76,987,255 $63,514,748 $53,365,581/'
increase of 59,803,000 cu. ft;, or 9.66T
abovd production of 6191384,000
Cost of goods sold and oper. exp.—' 65,950,272
54,878,983' 47,619,573
ctf. ft. in the/corresponding month a "year ago.—Vv 157, p. 350.
/- //
Prov. for depreciation'L'.'
891,747
:847,692/ T ' 792,972/
Fed. normal income tax and surtax;
1.482,000
1,626,000
1,157,000
' New:
Federal excess profits tax
England industries, * Inc.—Notes—
—
5,527.000
2.412.000 v ^ 313.800
Post-war refund of exc. profits tax
Cr552,000./'/';/;-,Tj/-V//-.,v,.l/--///; // The Securities" and Exchange Commission / on Feb. / 3 approved
State income taxes—
201,700
189,400
160,300 / the
request of the company that indebtedness of $1,922,075 due it
interest paid or accrued
—
49,871
33.159
68.412
/; from
its"- subsidiary/ Bate.s Manufacturing - Co., be subordinated to / indebtedness of Bates Manufacturing. Co( owing to the. First National
$3,253,523
$3,527,513
Operating profit
/ $3,436,664
H Bank of' Boston in the/sum of $600,000, now. represented by an over¬
133,016 / > 110,012
Other income
40,845
due note which is to be renewed.
- ;/' "■;/.;
/;/:V'// ;■.-;;// ' :'-'/: :'/
/■/ The Commission has also approved the request by New England
$3,660,529
$3,363,535
Total income 1
$3,477,509
/ Industries that it subordinate indebtedness owed to it by its subsicli-*
Provision for post-war adjusts, and
arles, Androscoggin Mills, Bates Manufacturing Co., Edwards Manu¬
/
contingenc_i.es ,T—■—/
553,000
facturing Co., Hill Manufacturing Co. and York Manufacturing Co.,
in the event, that any of these subsidiaries shall issue promissory notes
$3,660,529
$3,363,535
Net profit
a$2,924,509
/ to any bunk or trust- company.—V. 157, p. 476.
"; ./ //'/ :
' .
200.000
200.000
Divs. on 5%„ preferred stock—
150,000
Divs. on Wr
preferred stock—//^/,
213,758
New Jersey Zinc Co.-^-Earnings—
1,922,000
1.922,000
Common dividends au/-———..a
1,681,750
:
1942
.
.
-
.
1
*
•
'
•
Calendar Years—
depletion, etc., of $20,864,073 in 1942
tRepresented by 828,171 no par shares.^-
p. v.2040.
■
'
$592,784
$26,924,224 $26,163,800
—
-
187,523
but
/.////' -■ ■/-:■'//' /••'
Balance Sheet,. Dec. 31, 11)42
//'.,-////;-'/" ///. ; ,
,
contracts;—V,
War
(G. C.) Murphy Co.—Annual Report—
for depreciation,
reserve
$19,257,552
156,
stock-
.
$162,057 v. $145,193
:
-
fAfter post-war excess' profitsTaxesT
meeting of stockholders has been adjourned from Feb.-5
profit of $1,580,000
net
1,390,399
,/ 306.260
160,870
:
282,038
2,377,700
15,464,213
4,345,429
1,244,106
323,949
410.870
356,908
2.377.700
15,464,213
4,453,468
1,244,100
rights." soldi,
:.
/
30,885
report for the1 quarter'ended Dee.
a
April 16 td allow time* for completing the audit for the fiscal year
ended Nov. 30,
1942.
A preliminary/statement Shows an estimated
475,540,
r
charged to customers (returnable) contingencies-i—.-.4/
Containers
Reserve
and
+Loss.
income■/
in
$26,924,224 $26,163,800
Accrued
V.
The yearly
tion
Liabilities—
Free
.I
475,540
Total
.
",l,.'//' /
+$521,603
/-, Nil.
$509,028
$1,30,
to
231,490
234,780
proceeds' of /stock
+ including
1,664
',$176,078
; 29,92? V ' /
25,033
v
'
$191,1985 :
income-Ri—\ '$138,362declared on cap. stock.... —:
157,797 /
/ Divs.
/
876.526
:
£
/of* 12.223,695
225,732
Sinking fund
/
per
company,
Mueller Brass Co.—Annual
17,884.980
322,204
products & processes—
for
expenses
,66,700
$163,395"
"Net
1.390,042
2.277,818
17,050.995
"Property account' /./_
290,000
-
.
1,616.280
2,405,528
(less
,
Investments.
Deferred
68,578
66,946
receivable—
trade acceptances
receivable
Inventories
1942
notes_„„/i-i///.R-'-~L'-//%i
tax
Treasury
Notes and
Accounts
The
stock.
common
/-'!.^/; ;;;>,./;
101,121
r
$427,532 V,
/
$1.09
_--._-.4_/
common share—A-__;_
"Includes other
31
$2,386,870
Assets—
110.771
.
495
/ Assets—Investments,- $2,631,396cash and $2,500 certificate of deposit, held, by Guaranty Trust Co. of N;- Y..t- trustee, $166,566; diVi- /
-dends and -accounts receivable, $12,190;, prepaid franchise tax,; $1,050;
31, 1942. shows
./'/•///;'■.. 1,:,v,,-./•?,/.,:./.' //; - //.//; ■/; +•".
a
net profit of $203,242 after depreciation, interest and provision of; /Total;/$2,811,201.
Liabilities—Accounts payable, $705; provision for taxes, $79$; capital
$915,000 for U. S, and Canadian income and excess-profits, taxes and.
stock ($0.25 par), $627,787; capital surplus, $1,848,635; earned surplus,
$50,000 reserve for inventory losses.
The above is equal ,to ■ $0.52 a,
share on the 391,254 no par shares of common stock.
This compares;/
$333,279; total, $2,811,201.—V. 156, p. 1506.
with a net profit'for the quarter ended Dec. 31.
1941. after provision
of $174,000
for taxes, of $308,333, equal to- $0.79 a share.—V. 156;
ft New England Gas & Electric Association—Output— :
p. 1954.
'
^
-•'
$1,587,812
$1,743,628
$1,206,187
'
u—iv-
profit
/—r ';;'- /'"/
'
Expenses
+353,782
909.799/
.
529,628
1,150,000
-L—.931,709
dividends
dividends
Common
-——
expenses—*
,/■* '710
38
5.990
rights
profits and losses.
Net
Preferred
expenses....
$168,437
$1,160,723
$3,129,188
2,268,023
Interest
and
depreciation,-—...^..
141.591
Income and excess profits taxes—__... + 1,831.900
Provision for post-war adjustment179.000
Prov. for possible inventory loss
100,000
Profit
Net
;
4,935
";//////.>,
proceeds
from
sale • of
TR /'■""Total
1940
1941
$173,665
,
/7 dividend distribution ///Z//!/:/;.-.
stock"/
1942
31—
1940
1941
$185,500'.'
$158,460
•
//. Miscellaneous
Motor Products Corp.—Earnings—
6 Mos. End. Dec.
1942
■'
dividends/-/—-—"—
cash
proceeds from sale of asecurity received as a taxable
$0.93
p..'.250.J-V-1//;
157,
/•'■:
•
.
the company Bad 949- stores in operation,
year.earlier.—V. 157,.p. .'347.,;.
/;/•/.
Years—»/Ty'/
Calendar
.-.
Income—Cash
$137,157
common
146,834 Shares.—V.
tFour weeks and
1942.-/',.. //T.;".:•■■»./■. •/■/■•
iyNatiort-Wide Securities Co^ -Annual Report—
\
5.32.530
.
per
v»-
"Jan: 31/43 tJan 31/42
day ended Jan.:'31/^ 1943.
one
days: ended Jan. .31,
Net
Provision
/'< •'// '■
v■,
•
weeks: and
compared with, 1,016 a
,'/'
'•On
'
Co.—Transfer Agent—
/-/»■ Note—On-Jan.- 31; 1043,
;
,
Federal' taxes
"Earnings
the late
■•t6,368;459t ' $6,641,599
/ v^Four
//!/.—"/,. $669,687
_
—
j
.
succeed
168.
Sugar Refining
Sales
V*
Earnings for Six Months Ended. Dec. #1
'•
before
to
/National Tea Co.—january Sales-
r,-
-.■/•R/ 'R'///;/:/■:/
Equipment Co.—Earnings—
Monroe Auto
•Profit
$4,805,572
$3,828,600
14.220 .'117,876
193.872
-
r
$5,236,832
1,408,231
$6,402,393
1,589,540
Earnings
•"
^William G. Houck.—-V, 157,. p.
director
!l>Manufacturers Trust Co.,55 Broad St.,
plane i itself, where the
New
York,
has,' been
adequate'means- oRfire v / appointed Transfer Agent for the capital Stock of the company, eflet! tive Feb.' 1, 1943'.—V. 156, p. 1955. ', %./" //,
''// '. ■
" /' ' :
.
' i.
—/—"IB—-//_£-,
provision
2308.
p.
Months
Six
elected, a
been
lias
"
10,069.804
56.260,211
'
profit
no
2134.
charges...
before
156,
/
$16,330,015
*■/ ;
*!-, /-
sold—-,--—
Admin., sell. & advertising expenses
Gross
the
into
because
p.
.
Harrinmn, President of the Manufacturers & Traders Trust
G,
Co.f. Buffalo,: N.
and .oil line pressure-indicating
highly volatile: fuels 'used> will
(Inc.)—Annual Report-
Mathieson Alkali Works
Net .sales
156,
for
Earnings
after
Profit
:
Cost
and
amplified
available,;—V.
the
Monogram Pictures Corp.—Earnings
1505.
p.
walls
fire
is
fuel
that
Lewis
>•';
'''* "V'";.T'
;\
'
remote
insure,
tp
fire
from
control
$07,713
$39,176
$35,256
$69,318
write-offs
bcf.
is
through
run
danger
1.
Profit
combat.
in
with
equipped
devices.
not,
Estimated
be
must
148,670
Non-operating
severed
According to W, J. McGoldrick, Vice-President in charge of the
division, air aircraft in operation for the United States armed-forces
.
$226,904.
$256,864
produced
become
may
39,731
50,402
86,338
1939
1940
1941
1942
milled,
ore
Net income
'.
-Monday, February 15, 1943
.
National Gypsum Co.—New Director—
cockpit of the plan, It was-explained, thus keeping beyond^the ^protec¬
tive,- fire
wall
the
feed
lines carrying
these volatile liquids, which
Matachewan Consolidated Mines, Ltd.—Earnings-
-
i
•
*
3 Mos..Elided Dec. 31-
>
FINANCIAL CHRONICLE
&
THE COMMERCIAL
642?
.
—
May Department Stores Co.—75-Cent Dividend—
dividend
A
of
Dec.
were
last year.-—V.
1,
and
each,
156,
to holders of record Feb." 15.
Similar
on April 4, June 2, Sept, 1 and
1
this
issue
1776...
p.
cents per
Mflrch
payable
during 1942
15
of
dividend
A
on
y-'
..
Corp.—-15^Cent Common Dividend—
Mead
stock,
made
,
declared on the common
cents per share has been
75
stock, par $10, payable March
distributions
were
to
dividend
35
of
cents per
Surplus
the
directors
The
81'.'4
the
to
Feb.
declared
2
usual
the
quarterly
the
Consolidated
Assets—Cash
$422,847;
Michigan Sugar Co.—30-Cent Preferred Dividend—
have
declared
accumulations
of.
dividend
a
,
the
on.
67-c
of
cents
30
per
26 to holders of record Feb. 18.
This compares
Aug. TO, last, and 30 cents on Feb. 24/ 1942.
of the current - dividend, arrearages/ it is said/ will
amount to $7.95 per share as at March 15, 1943,—V. 156, p. 784./,••'"/•/••
The
accumulations
account of
stock,
payable
par,
no
on
dividend
a
the
March
was-disbursed
amount
like
declared
on
$2
United
SEC Calling for
cents
share
per
in
of
record
of
each
the
on
preference
March 1.
A
12 preceding
1942, amounted to $12
Arrearages as at Dec. 15,
156, p. 515. /.;.//
Midland
holders
issue
quarters.
—V.
25
per
'Net
V'--://.//.//' /•■"'
Co.—Trustee
Files
Program
Distribution of Assets—
Under
the
terms
liquidated,
be
all
distribution,
of
the
while
creditors,
Securities
of the plan the
with
program
are
the
Utilities
be
to
placed
dissolved
assets
in
■'After
taxes.
:/:,-v';"
The
trustee
of
equity
NO
Utilities or
the
to
plan
the
will
a
of
in
for
requires
to
distribution among
United, following
trust—The Midland
liquidating
approval
of
157,
the
SEC
and
District court.
1
available for either the stockholders
p.
then
common
stock of
Midland
of
,
Midland
United, according
250.
.Minneapolis-Honeywell
/ ./ Treasurer
U. S. Treas¬
Regulator
Co.
—
Develops
device which weighs only 15 ounces Is
helping to protect the lives of American bomber and pursuit pilots
Jn action on the battlefronts of the world, it was revealed on Feb. 4.
Adopted by the Army Air Force as a further step in its constant
endeavor
to
safeguard flying personnel, the "pressure transmitter,"
which reduces the fire hazard in airplane cockpits, was developed by
the
fire
new
Aero
piping
prevention
Division
raw
of
gasoline
the
and
above
company.
It
eliminates the need
for
lubricating oil to indicating meters in the
Newman
Vpaid 'dunhg*'the
W.
Adsit,
Jan.
year' 1942 : are
•
Internal
the
*
30,
in
a.
notice
Revenue
taxable
to
stockholders,
*
that all dividends
Section
under
(b)
115
Of
Code.
foregoing statement has been tentatively approved by the
Treasury Department pending its final determination Upon said
"The
U.
S.
Department's completion
'
income
of the usual annual audit of the company's
157,
return."—V.
tax
1
556.
p.
Feb.
stock,
declared
9
a
value,
par
no
1; Aug.. l/an(l;Noy./2i/last.year.r^V. 156r p. 1418vl// /•
City Omnibus Corp. (& Subs.)—Earnings—
9 Months,Ended Sept. 30—
/,
'
'
dividend of 50 cents per share
payable March I to holders of
Distributions, of like amount were made on this issue
on
4%%/
and
$4.88
/
—
"The
.
_
!,//: <••///
.
1942
1941
,
.
$10,209,366
$8,928,953
'operating revenue/L/!,/T^T/-///^-lOperating expenses and taxes--../—. /TC/-' / 8.185.129 / 7,576,434
Gross
1942
share.—SO. 15
per
interest
4,291,202
Net
1941
1940
,
$87,130- '
$0.02
$885,153
$0.21
Federal income and excess profits
outstanding.
fAfter charges,
income and a • proportionate reserve
Total
for normal
excess profits tax.—V,
157,
p.
company
on
This
/
Co.'s
Martin,
Feb.
4
purchase,
policy of
former
347.
—v.
Flour Plant—
156,
:
p.
i„„_—
_
many
/and
a
'
1
it- was stated, is in line with, the National
its own flour at strategic locations to
milling
daily capacity of 9,500 barrels.-—V. 157, p. 476.
•
/
-
V
'
Biscuit
supply
>
Net
operating
Total
Interest
Total
•
*
company
$630.000.—V.
reports an
157,
p.
257.
146,379
$1,063,333
*
*
•').' J ' -
-
'
12 Mos'.—1941
^'
j
•'
* ' ''
v 61.119,009 + 58.757,805 236,832,802 228.947,952
38,961.509
14,184,920
.
-7,972,580
-7.972,580
Dr247,0l3
38,282.403 153.153.108 145,988,428
11,517.432 52.633,642 +45.293,427
.
8,958,030
31,046.052
37.666,097'
Dr220,579
Dr £21.645
Dr391,770
8.737.451" 30.224.407"
37,274.327
1.182,754
6.583.389"
7,554,697" '25,358.504*
6,319,500
6,319.500
23,278.000
31.597,500
i,235,197
80,504
698.518
$6.12
$7.66
share..
4.865,903
4.978,309
32.296.013
three months ended Dec. 31, 1942, and Dec. 31, 1941,
been adjusted to include only the applicable portion of certain
Figures
have
—
——
com.
-
263.889
income—
—
per
(^
1,142.178
deductions
net
1
7i725,567_
income
Balance
Earns,
•
income
income, (net!—
Other
Cash1 Register Co.—Reduces Debt—
amendment on Dec. 22, 1942, of the indentore securing
its $6,000,000' of 3!4 % sinking fund debentures.
The
amendment provides that the first payment under the sinking fund
requirement must be made before July 1, 1945/instead of July 1, 1944.
The company reported that on; Dec. 22 It retired $600,000 principal
amount of the debentures
which it had acquired at a total cost of
The
.
Operating taxes
.
-
,
,
Dividends
National
§1,402,897
;.;>l942—3 Mos.—* 1941 ' 1942-
'
,
bakeries throughout the* country.
•
2136/-./
''
-
of
:
The company now owns and operates flour mills at Toledo, Ohio,
and Carthage,
Mo., the former being the largest soft winter wheat
mill in the
United States
with elevators holdings 4,400,000 bushels
its
"'.508.419
Income
New York Telephone Co.—Earnings—
announced
Governor
160,978-
145,582
for Federal
income
Net
•
D.
$1,370,690
*
Period End; Dec; 21—
that it had. purchased from
*
" " -i,
Bf" ■"
r*
the State of Washington,
the flour milling plant at Cheney, Wash., which has operated under
Operating revenues
the name of F. M. Martin Grain & MiHing Co.
••;:/
'./ //" '* /• ///■/;.i Operating expenses
The
18,172
$2,056,899
deductions
Provision
81,352,518
32,662
—I—
income
Interest
.
shares
$2,024,237
income..-/—.
income (net)-.
operating
Non-operatihg
T./
and
common
reserve
year-end
'
"Pressure Transmitter"—
A
'
'
respect to* dividends paid in 1942, said;
officers of the company are of the opinion
in
.
1—+$654,931
—
tOn
Clarence
the
•
.
the holders of
plan.—V.
the
31, 1+54'f
excess
National Biscuit Co.—Acquires
Midland
Federal
be
adjustments
depreciation,
$1,225,000
Liquidating Trust, equities in which are to be covered by trust shares.
approval
*
New York Air Brake Co.—50-Cent Dividend—
Ended'Dec. 3i—
profit
tEarnings
with
and Exchange Commission.
assets of both companies are
be
to
remaining
1943.''
in
-Dividends Taxable
Nash-Kelvinator Corp, (& Subs.)—Earnings—
Z; 3 Months
share.
Steps to complete reorganization of Midland United Co. and Midland
"Utilities Co. have been taken with the filing of the trustee's reorgani¬
sation
$3.68
cumulative. convertible
to
15
this
of
distributable
$106,879;/ accrued
2,.1943,
Jan.
$1.30
;
preferred stock (par $100), $9,000,000; common stock (480,500 no par
Shares), $1,729,800; paid-in surplus, $1,750,391; earned surplus, $13,657,430; total, $32,353,648.—V. 157, p. 257.
Corp.—25~Cent Preferred Dividend—..
have
directors
Federal
of
■ -
4
$32,353,648.
post-war
Oil
Dec.
/:•, $0.89
.
after deducting for expenses,
taxes, depreciation, mainte-'
repairs; depletion and contingencies.,/tDeficit// jOn 1.963,264
shares of capital -stock <$25 par). /'
,/;'•■'/
•■//'/■'**
//' Ncte" -The surplus for the year 1942* amounted to' $24,212 after
charging $875,000
t°
reserve 1 for' employees'
special compensation
$1,382,988; dividends on preferred stock
The directors
salaries and other expenses/
:/on the common
$439,736; accrued taxes (other than Federal income and excess profits), /
record Feb. 19.
$761,051; accrued Federal income and excess profits Taxes (less U. S;
i oh/Feb/;2,;May
Treasury notes of $5,019,800), $2,048,918; term indebtedness due within
one
year,
$67,360; mortgages and instalment notes (net), $856,093;/-/
New York
reserve
for
contingencies, $553,000;
payable
payment
Midland
Sheet,
demand deposits, $4,242,895;
r
"
Income
Liabilities—Accounts payable,
on
stock,
par $10, payable Feb.
with 40 cents paid on
.After
*
profits tax, $548,000;receivable and sundry investments, etc! (net),
refund
accounts
total,
$112,637;
share
preferred
cumulative
Balance
hand and
on
post-war
miscellaneous
directors
.'/^Earnings per share—_
bonds, $141,000; deposits on subscriptions to U. S. Treasury bonds,
$20,500; merchandise inventories, $13,663,056; land; $1,229,897;'. build¬
ings and building improvements (less ailoivance: for depreciation of
$948,795), $1,977,578; improvements to leased properties (less allowance
for amortization;of $3,154,947), $5,568,099; fixtures and-equipment, (less
allowance for depreciation of $3,532,221), $4,427,139; prepaid expenses/
Dec. 24 paid a participating dividend of 10 eeiits on-the
preference stock.
A payment of
10 cents per share was made on the common stock,
par 25 cents per share, on Dec. 24, last, which compared with 30 cents
on Dec. 2.
1941, and 10 cents on Sept. 2, 1941.—V. 154, p. 1005.
The
$1,739,815
ury
.
account
$8 5 0,788
_
of
per share
on
the $3.25 participating preference stock,
payable March 1 to holders of record Feb. 20.
In addition
four regular
quarterly distributions made during 1942/ the
7.853,056
t$385.415
$9,592,871
•> nance/
1941 of $5,043,470, equal to $10.50 per share, of common
This-is an increase in taxes of $3,047, or, 60.42%',
were 207 stores in operation on Dec. 31, 1942, the same number
in operation on Dec. 31, 1941.
;
y
There
company on
;
coh-
year
as were
6.380,608
■Surplus -'—L/— /—_//:/;• $ 1,259,79O
outstanding.
stock
$7,231,390
2,944,896
l/'/T/'
1942
■
for
$2,559,481"
490.816
Dividends
established and deducted from
Was
Mos>—i941
1942—12
$1,750,600
i/T j/_/;
/Income.. I'i
the.year's income.
■"//■'":I-.
:
'
■' ■"'/
: *;
T
v...';
/Total taxes for the year 1942 were $8,090,803, equal to $16.84 per
share of common stock outstanding, which compare with, total taxes
common,
dividend
amounting to $553,000,
tingencies,
Corp.—Regular Preference Dividend--/
on
96.58
post-war refund of Federal excess profits tax for, the year
amounts to $552,000.
A reserve for post-war adjustmeiits-and
cents
$15,
par
$1,241,535
$7.20
$5.33
share—
common
The
Dividend-—
share has been declared on
$1,538,529
$879,00L
:
Earnings per
stock, no par value, payable March 10 to holders of record March 2.
Payments during 1942 were as follows: March 10, 50 cents; June 10,
35 cents; and Sept, 10 and Dec. 10, 25 cents each.—V, 156, p. 607.
Metal Textile
1942—3 Mos.—194i
Period End. Dec. 31—
share has been declared on the common
holders of record Feb. ,26.
Payments
follows:
March 10, June 9 and Sept.. 11, 25 cents
15 cents.—V. 156, p. 1866//.'//////v/V
as
11,
Dec.
12
Metal & Thermit Corp.—35-Cent Common
A
/
for
adjustments booked in those periods but applicable in whole or in pajt
to
earlier
periods.
tReflects a credit of approximately $2,675,000
resulting from
p.
556.
■
transactions applicable to periods prior to 1941.—V. 157,
•
|
Volume
157
Number 4151
New York;
of
New
Haven
Haven
P.
March
1.
will
157,
RR.—Retirement
i2)
Vice-President,
after
continue
in
55
has
companies,
service
years'
asked
with
be
retired
to
consulting capacity,
a
however,
Net
—V.
1943
1942
$5,203,352
__
157,
to
it
(31
I
was
loss
to'
buildings
and
leasehold
and
expenses' for
applicable
$4,435,300
,/
.
June
>
I
;
10,
to
that
the
based
to
the
1940.
applicable
$708,052 "
$94,701
from
the
the
of
idle
to
and
amounted
year
upon
five-year
a
of
cost
(in
addition
leasehold
ana
$553,722.
common
In
stock,
each
Feb.. 15,
—V.
1942
while
50 cents;
dividend
a
payable
during
during
quarter
share,
per
declared
par,
no
the
of*$l
holders
to
per
of
paid
company
the
1941
15
Feb.
following
15, 75 cents; Aug.
__ay
sharei
\
/.
dividends
15, $1.25
Feb.
and
of
Consolidated
Nov.
6.
U.
to
normal
improvements
Balance
Sheet,
Sept.
S.
(short-term)
from
Defense
Plant
trade
Amt.
'Assets—
Sheet;
Dec.
31
-
and
Premiums
Stocks_._____
accrued
items,
in .course ,of
collection
90
mot
days
■
895,474
876,692
accrued
i'jJ~
____
Cash on.deposit
and in
office
60,175
-
.
.
-1,609,001
________
;Total
in
for
taxes
Reserve
for
all
adJustment-____—;
and
claims-
$6,338,190
720,732
Other
242,200
Salaries
300,000
300,000
reserve
.1
2,000,000
14,018,352
and
♦Valuations
basis
on
Commissioners.
in
1942
in
bjr law.
above
at
$533,938
and
difference
between .total
bonds and stocks owned and
1941, market quotations.—V.
the
■
;
account of contract
Commission
Eastern
of
of
157,
and
subsidiaries
258/
p.
"
have
been
A
•'
•
.v*
until
postponed
of
Electric
Henry Sadacca,.President,,
"In
the
nessed
first
the
"The
time
of
of
1942,
production
has
corporation
and
stated
because
of
of
the
In
in converting
of.^articles needed for
facture
"The
and
shipping,; and
substantial
carried
to
materials,
material
it
the
war
is
the
as
main
of
and
the
we
very
as
raw
use
rapidly
>
sales
approximately
of
Christmas
$3,400,000
which
Items.
interfere
"During
with
York
figure
does
the
of
the
this
building located
mately
into
of
six
A
of
feet,
this
of
stories
and
,
«,r
basement
stories
the
moving
North
'
Glolite
which
received,
in
44,000
corporation
Street,
obtained
and
issued
Chicago,
111., for
for
.105,000
This
assigned
was
amount
will
all
cover
the plant;"—V.
of
for
a
of
157,
Aviation,
V;
and
for
used
be
•
etc.
to
be
declaring
it
North
Net
S3
a
Af ter
4/>,
taxes
2,279,438
$43,471,740
income
Gross
plant
Pfov.
for
exps.,
.
amort,
Prov.
of
income
Federal
Provision
Efccess
Net
377.807
$17,359,492 $10,819,298
profits
income
Dividends
Earnings
1.681,594
1
taxes
before
6,551,000
for
The
to 8368.010.
6'i
receivable,
4,293,791
$2.06
'
$2.06
This includes
depreciation
months
and
ended
$3,690;
securities,
to $81,875 applicable to the cost of
acquired since June 10, 1940,, and $144,749
5
ordered
provisions!
which
other
is
the
direct
parent
and
is
and
of
indirect
incapable
of
1940
and
1942,
net
The
the
deal
SEC
Mohawk
Co.,
which
permitted
Edison
Co.,
the
bo
to
Associated
Valley
Co.
and
.2137.
p.
(& Subs.)—Earnings—
1942
1941
1940
1939
$661,652
$897,673
$720,417
$468,621
$1.90
profit
$2.58
$2.06
share
per
depreciation
$88,000
which
represents
has
been
Note—Full
taxes.
and
estimated
an
The
Assets—Cash,
treasury
of
anticipation
$965,691;
31,
Dec.
securities
is
1942
Of this amount
profits
tax
•
to
$220,995,
11)42
accrued
and
notes,
in
excess
1942 amounted
Sheet,
marketable
tax
receivable,
during
Balance
$548,349;
and equipment,
plant
payable in 1943.
refund
$1.35
taxes
charged against the year's operations.
Consolidated
$2,075,241;
for
reserve
post-war
depreciation taken
$600,840;
interest.
notes
and
inventories,
$2,288,949; manufacturing
deferred charges, $67,669; total, $9,-
$2,705,234;
251.973.
stock
common
payable, $285,795; reserve for
<347,5342s
155, p.
The
the
SEC
Feb.
on
to
company
no
-
taxes,
and surplus,
shares)
par
698.
',
t
cation stated,
among
the
Stock
Cleveland
effected
the
by
$1,191,318;
$7,774,860;
total,
-
,
close
capital
Cleveland
of
trading
is
inactive
the
of
listing.
session
and
directors
value
with
$48.35
at
Years
net-
Dec.
Ended
amount
share
per
asset
31,
totaled
values
of
Dec.
.
$110
a
The
of
of
that
8.—V.
The
$195,715
$159,228
of
the
capital
common
60,286
64,3(54
shares
61,919
61,919
62,569
number
25,
/
$73,510
11,316
$32,296
NYSE
156,
may
on
be
effective
786,
p.
Outstanding Pfd, Stock—
redeem
to
of
as
preferred
6%
par
March
stock
the
15
outstanding
V
the
quarterly
regular
preferred, stock,
payable
leaves
preferred
stock,
dividend
March
15
to
of
holders
110
the
with
company
single
a
which 6,563,377
p. 1956.
of
common,
par
shares
43.237
for
$91,400
$82,726
$73,833
stock-
43,169
35,974
26,980
preferred stock
28,703
23,923
17,943
■
1,700
shares
Offer
of
of
the
for
in
attached
the
additional shares of
28.160
and
at
the
total
held
Nov.
making
Co.,
being
with
N.
Y.
meeting
the
the
the
in
of
issuance
and
terms
Stipulation
28,160
provisions
dated
Sept.
in consolidated
of. suits pending
owning in
the
persons
County,
consolidation
a
in
Court
regular
a
authorized
embodied
cause
Supreme
Coach
840,772.
the Supreme Court,
in
aggregate approximately 2',i
Co.
of
Avenue
accordance
Settlement
York
New
for,
issuance
consolidated
said
listing
official notice of issuance in exchange for
Fifth
corporation,
stock
common
the
upon
applied
of
reserved
of
the
par)
stock
1942, as filed
in
$75,533
of
directors
the
authorized
($6
capital
1942,
28,
Corp.—Listing of Additional Stock—
has
stock
of
shares
of
tax__
became
31
1940
10,854
economies
by
from
appli¬
outstanding of 7,000,000 authorized.—V. 156,
1941
$83,287
voted
$100
declared
the
on
"A,"
The
11.
Feb,
Elimination
,
of
,
also
share
per
record
class
shares
directors
$1.50
are
1941.
4
share.
of
per r
Feb_
on
57,039
class
Exchange.
The order
Feb.
on
Ohio Oil Co.—To Retire All
The
application
an
stock,
Stock
things," that the market for the security
other
Exchange
the
of
granting
$2.50
its
the
on
termination
a
the
announced
2
withdraw
registration
remaining
Report-
values
principal
asset
compares
and
market
$1,465,000
tax.
which
of the capital stock of Fifth Avenue Coach
validity of
the Installment Sale
30,
a
1941,
refund,"'
Sheet,
demand
receivable,
discount
total,
on
Dec.
31,
i'}.
$1,935;
bond
capital
investments
Co.
(&
discount
stock,
and
$61,148;
Other
-
and
cumulative
preferred
stock
(par
$100i.
p.
258.
plant
to
Subs.)—Earnings$2,663,632
$1,608,616
81,327
1,207,156
810,510
35,415
21,585
315,877
70,834
taxes
15,098
390.504
___
facili¬
normal
on
Net
—V.
net
income
'
deductions
215,390
157,694
$36,659
$534,706
$350,902
741
335
1.543
2,534
$52,872
$36,993
$536,249
$353,435
12,019
161,212
137,962
-
1
3,097
3,386
38,425
_42,765
$31,918
$21,588
$336,613
$172,708
income___
25.160
29,986
$311,453
—
$142,723
first collateral lien bonds,
income
157,
61,386
15,286
$52,130
17,857
income,
Balance
Int.
228,125
-
21,982
Operating .income
Gross
1942—12 Mos.—1941
$169,955
ex¬
taxes.
p.
258.
3r/r
Avenue
Co..out
approved
to
has
the
bv
holdings
Coach
litigation
Fifth-Avenue
148,325
—_—
income
profits
cess
by
agreement
Avenue
holds
now
Coach
Such
expense,
furniture
$328,686
___
Fifth
cause
Coach
dated
Contract dated
Feb.
8,
1937,
as
of
between
shares
221,227
of
total
a
Co.
of
of
the
240,000
give
Co.
offer of
An
been
made
In
court.
said
and
Coach
Co.
not
held
of
capital
shares
the
settlement of
agreed
offer
the holders of the
to
92.178^
constitute
stock
issued
of
to
by
settlement
the
the
capital
of
and
stock
consolidated
parties
Omnibus
and
Corp.
17,772 shares of capital stock of
by Omnibus Corp. the following
options:
option In respect of each share of Fifth
stock held by such holder of purchasing
of New
York City Omnibus Corp.
capital stock at $24.35 per share (being the price of $30 per share
payable by Omnibus Corp. under the installment sale contract, but
deducting' therefrom such portions'of dividends received by Omnibus
Corp. as heretofore have been deemed for tax purposes to have been
a-return of capital and therefore not taxable);
Coach
Avenue
from
Coach
senting
IV2
1
one
share
right and option in respect of each share of Fifth
capital stock held by such holder, of receiving from
said share, upon surrender in negotiable form,
stock transfer tax stamps, stock certificates • repre¬
of capital stock of New York City Omnibus Corp.
of the common stock
($6 pari of Omnibus Corp.,
Co.
Corp.
accompanied
and
capital
Corp.
B—The
Option
Omnibus
and
Co.
Omnibus
Avenue
right
A—The
Option
1942—Month—1941
,
__________—
Fifth
and
corporation
Avenue
offered
$4,163,984.
5V2(/r.
amended
as
Corp.
market¬
in
accrued taxes, $3,575; accrued
$4,883; corporation collateral trust 4'/ bonds,
$1,465,000;
stock
(par $100), $4,240,100;
cumulative preferred stock
Texas
The
Fifth
of
194,'J
deposits, $198,622;
cash
on
bonds, $193,239; interest
trust
$3,675,751r unamortized
$1;
charged
amounted
five-year period,,
adidtion
Balance
and
collateral
accounts
unamortized
1936,
Omnibus
outstanding.
hand
of
21.
'
.
$104,068
post-war
emergency
(in
Edison
156,
Corp.
which
Metropolitan
the estimated amount of Federal taxes
at
*2,100
revenues
Income
upon
and
of
Island
subsidiaries,—V.
♦After
the
$84,826
$1001,. $1,798,700;
Other
amortization
Sept.
amortization, based
Feb.
sentence"
2.740
Operation
4,809,046
$1.77
for
Finance
General
securities
Staten
$9,251,973,—V.
realized
preferred
on
equipment,
Federal
2,57,6,275
nine
the
consummated
Liabilities—Accounts
556.
p.
$94,140
trustee
Maintenance
$7,088,092
$3.04
amounting
ties
157,
Corp.—Annual
Account,
income
-
provision
court
proposed
the
31,
the
This
provision
Depreciation
and expenses for
of
the
year.
5Vs'/c
North
511,000
$7,090,336
^Includes surtaxes.
tAt'ter providing $151,928 in
1939
for
depreciation.
tAfter
provision
for
costs
the
the
subsidiaries."
in
t-ax__—*
•Period End. Dec. 31—
$6,075,954
on
its
the
1942,
gain
Operating
$257,500.
Notes—ill
of
$1,304,900; earned surplus, $4,654,565; total, $4,163,984.—V. 157,
1,501,000
25,932,500
shares..
♦Net
and
outstanding,
Federal
on
(par
2,481,000
in
to
month
in
675.000
4,293,791
Share
cap.
to
Dec.
for
Income
net
on
common
.$9,288,002
23.910
$10,436,413
paid
per
3.435.033
order
Liabilities—Accounts-payable, $1,391;
37,665
________
Co.,
accounts
bond interest,
,.178,481
'
707,412.
♦3,381,724
$498,098
137,987
6
involved
listing and
eight
bond disct. & exp.
Dividends
and
750.000
t* 6,810",000
of
June 30,
income
for
$29,598;
29,549
inc.' tax.
basis
Consolidated
t$9,109.521
_—
for Fed.
business
gas
Washington company
company.—V. 156, p. 345.
holding
a
$60.55.
was
at
before
deposit-with
,
$17,004.7201$ 10,441,491
etc.—
1941
$636,085
Electric
has not
Earnings
cause,
Net
able.
554.150
contingencies-
Interest.1 etc.
last
functions
investment
♦Includes .excess profits
636.861
plan
comp,
assistance
provision
Dividends
1939
paym'ts under
.incentive
Idle
$44,860,507
1942
$481,393
239,044
$242,349
Ohio Brass Co.
Oct.
663,999
.345,772
was
____
liquidation
$200,980
Net- income
-
s
644,818
-
—1,388,767
income
for
Prov.
the
proceeds
company,
and
transactions,.
Net
gain
realized-from
security
transactions
Z".
Profit from operations
Other
1,987,258
selling
1,425.934
the
Co.
essential
from .security
.
,
and
successfully as an "independent'
'line
defending the reorganization plan with Erie,
willing to put up the cash or to finance it
independent road.—V, 156, p. 2227.
Feb.
55,774
Profit
that
permitted the company, a subsidiary of the Asso¬
Corp., to withdraw six proposed transactions
acquisition of cex-taln of its own bonus and debentures.
PA NJ already has consummated five other transactions, includ¬
The
,
1868
Publications, Inc.—Earnings
and
several
Co,
Act.
Expenses
&
from
contended
Electric Co.—Ordered to Dis¬
Total, income
Int.
and
lease
a
Blaikie
J.,
169.
p.
North
Electric
directing
bonds
stock
Assets—Cash
___________
by
-
^
under
Mr.
:
Omnibus
$9,746,382
franchise
that
no
its
the
on
344,290.
which
N.
.
1940
-
1942,
consideration.
debentures,—V.
Company
Electric
longer
no
17.862,269
admin,
the
use
1942
•. >
sales_^i_;/i_il 193,417,973 ; 41,208,891
State
and
stock
City,
operated
one
an
SEC
Electric
North
the
Commission's
Commission on
dissolve under "death
Holding
held
&
Consolidated
„i._i.i__..__-,w;___^$242,595,08fi $60,865:687 $36,862,514 $27,608,651
expenses
York
Erie
and
Jersey
Commission.
to
American Investment
collateral
Subs.)—Annual
25,757,024
•
further
Exchange
financial
share of $44.79
ex- •
Gross-profit fr.'-sales.- $47,177,113 $19,656,796 $11,105,490
Fed, capital stock and
*
7.
Gen.
New
the
outstanding
and
surrender
assets
preferred
>
incurred
airplanes, parts
of
Cost
its
"performs
to
-
.v:;;'.y,'';--^
Sept. 30.'42 Sept. 30, '41
Gas
>
of. $21,000
Year Ended 9 Mos. End,: ——Calendar Years
-
2,
against
Union
of
the
Northern's
Ohio Confection Co.—Delisted—
any
company
'V
.
'■ ■;;
V
<
at
upheld
proposed
of
receive
Cameron
$1,000,000.
between
by
operated
Lawrence
of
of
and
Co.
headed
limit
Retention of
for
review
a
as
withdrawn
SEC
V.
'(&
disposal
Electric
Feb.
on
would
operations
mortgage of
sauare feet- and
the.expenses
Inc.
the
public, but unfavor¬
Delaying amendments
order
21 '<
value
railroad
•
considera¬
a
consideration
p. .477.
Stock—
a
will
property
subsidiaries
.
feet,
square
/;Consolidated Income Account .1.
Sales of
electric
was
Mr.
be
Gas
NY
ing
At the same time the
Commission withdrew the exemption which
permitted the company to
re-acquire its own securities without specific 1
approval, and
denied
its
application for orders
'
-
.
the
This
would
Lawrence
trustees,
no
at
the
of
commitment
a
basement.
'
•%
for
Union
divestiture order
a
could
company
the
to
stockholders
for the
•'
Commission
rendering
„
'■
1942.
Appeals
Co.
Securities- and
The
%. ,v*
purchased a building
"
affords approximately
American
Report—
14,
American Gas &
subsidiaries,
,
by
sale
opinion
American
Washington
and
\\
v"
syndicate
offering.
sought
retirement, of
The
clusively -by our corporation and Its
T-:■''■■■"■
'•This purchase was made primarily to relieve our
subsidiary, the
Glolite Corp.,. at Waukegan,. of. difficulties in obtaining labor-in thatwar industry area.
The lease for the unexpired term of the premises '
occupied
of
company to liquidate
of the Public
Utility
,
the
Canal
has
building
8
and
year,
South
$75,000,' and
consists
unanimous
a
solve— '
;
effected'in consolidating all plant'
building, which comprises approxi- >
we
have sold
the Division Street
were
Street
approximately
$125,000.
V
of
520-526
at
$50,000., ,The
for
the
to
Co.
Court
North
mortgage of $40,000
.
comprises
November
of
tion
Main
square
which
consideration
located
York,
April
American
Circuit
sale, in
all
aggregate
sales of war
feet.
economies
our
100.000
building,
a
dismissed
the plan
by the Erie RR. in
over
Hicks
A.
own
par
of
Years End. Dec. 31—
to
Lose
NY PA NJ Utilities Co.—Deals Withdrawn—
holdings consist of
all the outstanding
being
prevented
some of its. subsidiaries.
Electric's subsidiaries was left
North
,
purchased for
Sullivan Street,
214-218
at
of $50,000.
building consists
square
considerable
"In
in
materials
critical"■
of
"During the first five months of operations of the Ansonia Electrical
cash
of
The
statement
stock
Northern's
were
to
of
miles
which
that
157,
The
tOn-V
1941.
by the company.
system
Union
the
corporation
July of 1942, the corporation purchased all
outstanding stock of the Ansonia Electrical Co.
•
New
of
Missouri and
.North
a./y-
-..V.Vv
the
year,
consideration
a
The
67.000
operations
filed
on
of
year
include
not
"In
Co.,
of
block
petition
stock
1942.>
common,
Holding Company Act issued
of
activities.
war
purposes
City, for
obtained.
affords
our
the early part
warehousing
New
the
Co.
corporation shortly expects to market new products developed
the primary, line of which will be new wooden toys which will
us,
was
materials. for
i,v
"The
by
not
in
161-1."
finished
a
total
since been
Co.
-,
product, which policy the corporation followed,
In
November
and
December, dim-out regulations emphasized in the
Press
substantially curtailed all sales resulting In large carry-over
of inventory.
"The
Co.
&
21,
Electric
this
conditions
American
-
satis-
possible
as
Read
Its
common
Jan.
company.
filed a registration
Co.
sale; of
American
1941, reflected
of
the
in
of
already
are
'
Dec. 31,
•
jnanu-
$915,929
156, p.
withdraw
the
taken
to be
are
plan
claimed
25
1939.
income
-V.
ciated
Subsequently, .the Commission pursuant to proceedings instituted
against the. company in March, 1940, under "death
sentence" provisions
wit¬
well
Union
the- latter
market
have
as
y;
of
consisting
convert
to
progressing
restrictions
to
necessary
you
able
■■■;,Vf
considerable
spent
York
effort/
program
"
we
outfits
>
New
t
Because
became
into
plant-in
rendered
in
1942.
its
1
1
regulations^
lighting
months
;
statement
inventories,
over
six-
past
I
part, as follows:
war
Christmas
our
-
.■
financial
in
:
money
producing
faetorily.'
quarter
end
Jan.,26,
on
all Illuminated decorations.
as
Dillon,
Corp,—Expansion, Etc.—
to
filed
was
American
the
Co.
holdings of
shares-of
covering
Noma
$84,781,407
Exchange Commission has granted the application
American
which
of
North
and
its
all
common
'■
,
North
of
Missouri
2,695,000
•
."-/.-v
the
by-It
Public
Corp.,
2.—V.
The Securities
common
Stockholders
Jersey
Federal .taxes
9.321,299
North American Co.—To Hold Union
Electric
v
sentence"
Power
March
the
price adjustments.—V.
the
on
of Appeals
at Philadelphia has
stockholders of the
company
to upset
the
who
Northwest
3,109,938
and
District
S.
3,435,033
__$143,934.821
1942
New
.9 Months Ended Sept. 30—
before taxes______..._„.,„_^.___________,_,
Net
3,109,938
in
of
to
owns
its- court
921,119
3.435,033
"
•
companies
11
the* "death
17,900,000
15.463,921
•—
declared
been
Profit
compen
2,602.713
♦After*reserves: of- $1,463,287
values based
total
155; p. 506.'.
values
more
time to work out a plan to comply
Utility Holding Company Act,-hearings
proceedings'of ■ the Securities and Exchange
against Niagara Hudson-Power Corp.,-Buffalo,-Niagara &'
Section
309,813
surplus;
.
in
215,432
contingencies
in U.
adjudi¬
share" in cash and Erie stock.
a
Y,,
otherwise
1,075,638
Earned
•
Niagara Hudson Power Corp.—Time Extended—
with
856,529
.
been
Court
two
18,
Northern
2,962,265
3,080,282
;
th©
proceedings
has
Illinois Iowa
has
share
per
10,000 shares
N.
Nov.
required
1941
for
Nyack,
10.829,540
5,572,377
•,
)$!
Capital.- surplus.
$567,180
purposes
in
deposited
are
representing
reserve,
assets for all
allow
33.003,831
Jr.,
of
44,724,246
.
cents
RR.
objectors
asserted
plan
for
*
To
33,987,181
contracts
liabilities___i.___l__^_—
Total
Dec, 31,
on
carried
statement
1.454,618
$7,235,986
stock
1
tContingency
carried in
sales
50
Circuit
by
Northern
2,372,783
$84,781,407
:
Capital
.
approved-by National Association .of Insurance
ISecurities
the
The
Blaikie,
$25,564,113
profits taxes____
excess
payable______
wages
accrued
sation
$24,956,965 $24,266,064
_______
appeal
an
consists
2,543,359
.taxes
Reserve
"Total
and
liquidation
claim
same
477.
p.
whereby Northern's properties
a
"reorganization" in which
but
income
of
S.
U.
40.208
2.401,048
.
tAmount payable to U, 8. Government
Estimated
liabilities
under
incentive
2,000,000
14,593,414
_______
-Other
646,589
y
surplus
Federal
417,400
______
The
821,399
'
-$143,934,821
846,677
expenses-_______
other
Capital
Net
459,012
payable
Deposits & progress billings on
payable and accrued:
of
process
Reserve
tContingency
____
progress_„___________
Taxes
$6,799,474
dividend
Northern
...
.Xiabilities—
Accounts
dismiss
to
company
in
Co.
the
Appeal—
to
1,499,916
157,
of
motion
Power
until
pending action brought by
Delaware.—V.
"at least $9.50
257.500
Total
.
Liabilities_________
35,502,000
__
buildings, machinery and equipments.
Deferred: charges ■
$24,956,965 $24,266,064
Unearned premiums
Losses
projects in
37,243
.
55,568
,
purchase
on
500,539
42.235,073
"
refund of Fed-
taxes_______„_____
contracts______„,
the
Iowa
par $20, payable March 25 to holders of record Feb. 20.
Dis¬
tributions during
1942 were as follows:
March 25 and June
25, 60
cents; Sept. 25. 50 cents, and Dec. 21, 60 cents.—V. 150, p. 699.
1,560,204
♦Land,
,
•overdue)
Interest
for post-war
profits
Experimental
,_$$22,411,098|$21,815,106
13,705,884
36,831
„
denied
proceedings
Northern Natural Gas Co.—50-Cent Dividend—
A
5,004,000
1,182.104
585,559
etc.
_____
further
the
of
5
Illinois
4,542,260
'
-
44.409,922
_
received
excess
Deposit
1941
1942
.
♦Bonds
be
to
'eral
Balance
$18,058,163
Corp.____
Inventories
Niagara Fire Insurance Co.—Annual Statement—
1941
2,372,182
and
in
by
stock,
702,520
■
accounts
accounts
Investments
stay
Court
Feb.
on
filed
cated
prior
30
4,792,964
'
Government departments.—
Sundry
■
to
depreciation!
acquired
$43,138,852
_____
securities
Treasury notes," tax series__________,____
Other
■
$1.50..
15,
S,
Account received
.made:
includes
1942
___
Market
U.
;
$1.25
were
This
SEC
claims
or
date,.
•.
Cash
the
on
record
distributions-
156, p. 1056.
-
North American Light & Power Co.—Plea Denied—
amounting to $135,536
facilities acquired since
plant
emergency
$209,951
buildings
to
period,
*
Newmarket Manufacturing Co.—To Pay $1 Dividend—
directors.^ have
improvements
'The
sale
Assets—
The
643
that date.
of
Maryland plant
in 1941 was charged to the reserve for contingencies.
The provision for depreciation and amortization
charged to costs
early
on
Increase
347...
p.
applicable
prior
The
amortization,
January—
sales
New
556.
p.
(J. J.) Newberry Co.—January Sales Up 15.7%—
Month of
depreciation!
.
predecessor
He
Stated.-—V.
,
Russell,
and
Hartford
&
COMMERCIAL & FINANCIAL CHRONICLE
acquired
Official—
Arthur
THE
by
share
shares
for
alternative, and any holder exercising either of
waives any and all rights to exercise the other
York City Omnibus Corp.
required for delivery upon the exercise of said options are to be made
available by
the corporation from shares of said stock registered
in the name of Fifth Avenue Coach Co. now held as security by the
said
options
said
options
option.
to
be
thereby
The shares of capital stock of New
installment sale
contract.
The shares of
Coach Co. surrendered to Omnibus.
be delivered to the deposi¬
installment sale contract to be held as additional
depositary under
said
capital stock of Fifth
Avenue
Corp. upon the exercise of Option B are to
tary
under
security.
said
THE COMMERCIAL & FINANCIAL CHRONICLE
644
Condensed
of
Statement
—J.
Expenses
income
Federal
—V.
——-.A
tak
Income
Net
135,283
A—
29,327
$338,263
,
$533,675
...
1942
(net)
$1,353,232
1,170,549
50,364
85,000
24,053
$94,986
$108,265
980,680
881,448
$1,075,666
__
goods sold and commercial expense
of
Cost
—~
1—-A
Depreciation
taxes on proflts__.:
Federal
$989,713
9,033
—
(profits
certain
on
investment
Dec".
At
Net
profit
stock and
surplus
Total
;
dividends
Cash
..
(beginning of year)
45,164
stock
common
on
Balance
Liabilities—Accounts
stook
Sheet,
(62,915
i
,
total,
V-loan
by
earned
'
$129,370;
inventories,
other assets,
$256,669;
Liabilities—Accounts
$10,084;
taxes,
stock
128,804.-V.
no
payable
par
accrued
and
of
has
157, p. 477.
••
also
See
of
assets
net
the
standing
Dec.
stock
capital
$4.49
on
company
as
to
equivalent
were
$6.58,
March
31
Dec.
1940
1939
$105,413
$90;795
The Chase
.plants
13,422
15,532
—
—
82
___
$115,018
$118,917
25,867
23,941
—;
this
by
above.—V.
Co.
Feb.
on
the
declared
4
share
per
the
on
.
income
Expenses
Interest
both payable April
1
to
22,711
the
made
also
company
quarterly
a
157, p. 477.
V
Net
profit
42,600
42,600
43,621
$39,995
%'
■
67,103
244,756
70,721
discount
A—-
•Before
loss
sales
from
Assets—Cash
interest
accrued
due
and
deposit
on
debenture
delivered, $7,191;
securities owned,
matured
for
for securities sold but not
dividends receivable, $4,416;
Liabilities—Collateral
but
$85,000;
payable,
loans
mortgage series A
bonds, maturing Sept. 1. 1961, that it will receive bids for the sale
to
it of a sufficient number of
the bonds, at prices named by the
bidders, to exhaust the sum of $10,427.54 now held in the sinking
fund.
Offers should be submitted at the company's offices. Pacific
Electric Building, Los Angeles, Calif., on or before noon, March 10,
The
The company
conditions; obtain
same
offers1.—V.
mitting
152,
Pacific Lighting Corp.
sub¬
for
Gross
revenue—..
oper.
retirement...-
Net
revenue^ *
oper.
.Total
Int.
Amort,
..
69,554,199
of
d°bt
2lis,
1,762,250
1,828,750
&
GAaAA
'expense' ;'
interest AA—
191,633:
15,654
Other
599,885
24,082
191,000
22,529
Cr40,889
Crl66,610
Crl4,763
$7,727,859
$7,330,059
1,341,536
1,346,027
1,346,858
stock, min. int.
117
119
divs. of
157,
V
sales
$6,033,082
$6,886,678
1.000,000
1.000.000
1.101,729
4,825,893
Atim.
4,825,893
4,825,893
4,825,893
$555,823
$207,189
$959,057
stock—$3.51
$3.35
$3.13
U.
five electric passenger
30 steam locomotive
of
S.
Court
of
in
Philadelphia.'—*
funded
the
balance
reports
valued
that
at
the
net
assets
market prices
at
Dec,
date,
that
at
31,
1942;
before
Net
equivalent to $42.02 per share.
This compares with a net asset value,
$32 per share of preferred stock outstanding at
This
1941.
stock
the
making
increase
outstanding
total
gain
in
net
is
$13.02
value
asset
after
of
dividend
per
$10.02
per
pavments
which
share,
of
is
Income
Account,
Years Ended Dec.
1942
stocks
on
bonds
per
39,257
12,€45
39,729
9,355
7,976
9,947
35.618
amort.'f
-
39,893
105,394
90,433
"
39,479
revenue
6,852
$15,044
$26,858
»'
loss..
r--
,
1,387
$26,858
$72,250
$12,606
2,277
$15,044
loss
2,309
1,491
,'
$15,044
$14,098
$74,559
$29,135
Dec.
in
banks, $21,651;
Liabilities—Notes
1940
stock class B
accounts and notes
$14,0(1)0;
accounts payable, $3,827; accrued
accrued
payable,
corporate
$331,426
$316,294
261
313
$321,729
85.061
108.7.97
144.391
86,321
133,167
surplus,
income
Dr$436,925;
Expenses
—_
Interest
Provision for Federal income tax—
Peoples Drug
$31fi294 ;
total,
taxes,
$2,706; capital surplus,
$599,694.—V.
4 281
Month of
Net
156,
p.
$1,290;
$304,143; earned
1778.
1943
1942
$2,695,702
$2,458,264
January-
fr^m
'icome
di"s'
&
interest
$111 pQg
$136 620
.
9.7%—
Increase
$237,438
of securities
340 390
209,765
*$24,641
Peoples Gas Light & Coke Co.—$1 Dividend—
14,095
$73,145
share
on
preferred stock
189,484
205,719
205,719
'
*Profit.
»
.
1
P-
1
.1
.
of
$1
per
share has been
with
filed
the
Chicago
Pittsburgh
Bank,
Shawmut
SEC
105,176
covering
Atlanta, Ga.
Boston
Bank,
registration statement
a
shares
of
stock
common
fractional share subscription
for such " stock.
the
warrants
.
.
directors intend
debentures,
i,
due
to
after
authorize
the
sale
of
an
March
1, ,1953, in an aggregate
Company intends to sell
of rights
to subscribe
to
expiration
be
offered.
scribe
for
On
directors
the
not
earlier
held.
($10
par)
extent
of
the
Feb.
on
issue,
25,
per
also
share
its
its
cents
75
15
extra
distribution
the
was
March
declared
on
on
dividend
extra
an
dividend of
April
an
which
and on
1940,
share
May 1
payable
year,
directors
declared
5
quarterly
both
this
per
holders
same
24,
controlling interest ill the
a
of
$2
per
on
April
regular
quarterly
cumulative
cumulative
per
the
on
share
15,
29,
was
1941.
dividends
preferred
preferred
stock
of
and
stock,, both
of
pay¬
156, p, 2309.
^
Or
stock of this company has been
common
of investors headed
group
$1.50
March
record
paid
as
to holders of record April 15.—V.
acquired by
of
share
per
of
1.939.
the
4 V4%
4V% K
to
(Albert) Pick Co., Inc.—New Control—*
A
the
to
The subscription price is to be
offering is made.
The rights to sub¬
the 10th day after the date of issue of the sub*
„
,
last
15,
on
The
Act
holders of
which such registration
than Feb. 19, shall have
upon
stock
common
shares
before
usual
stock,
March
able
be
day
company
Securities
the
company,
Dividend—
April
on
will
for
8'/a
expire on
and
made
which
each
the
on
under
the
warrants.-
Extra
share
record
shortly
will
scription
The
of
subscribe
to
determined
by
Jacob
Arronson
of Phila¬
and Samuel S. Flug of New York, and their associates, and
they will be represented henceforth on the company's board of directors,
it
announced
was
Messrs,
officers
Feb.
on
6.
and Flug said that there will be no
change in the
personnel of the company, and that its policies will remain
unaffected. " Maurice Rothschild will continue to serve as
Arronson
or
entirely
Chairman
of the board, e!nd I. S. Anoff as President.
been elected Treasurer of the company.—'V.
157, p. 259.
Glass
Mr,
Flug has
Co.—Appointments—
E.
D.
Griffin, Vice-President, announces
that
Louis
F.
Theurer,
Industrial Sales Manager, Milwaukee Paint
Division, has been appointed
West Coast Divisional Director,
succeeding Fiovd S. Green, who is
retiring.
Theurer
Mr.
Industrial
be
begins his new duties March 1. ^ R. I. Ogle,
Sales! Representative in the Chicago territory, will
Manager at Milwaukee.—V. 157, p;
l^f).;
Paint
Industrial
.
Sales
Teleg. & cable
Teleg. & cable
oper.
Subs.)—Earnings-
1942—Month—1941
oper. revs.
Not
-
$1,789,014
1942—11 Mos.—1941
$1,649,881 $20,465,891 $20,666,554
2,016,739
23,001,245
22,171,291
2,002,714
exp.
tele. & cable oper.
revenues
.
Uncollect,
-Operating
Gross
."$213,700
-
oper.
Non-oper.
revs._^
*$461,590
inc.
41.423
?$3,588,438 *$2,569,880
47,528.
27,803
*$3,540,910
403,310
*$490,946
*$2,542,077
291,894
29,356
*$339,671
157,
60.500
1,004,643
5,256
*$298,243
60.500
992,584
*$466,846
1.845
■:
income
*$2,535,354 *$1,504,737
5.500 '
94,488
*$300,093
income
income
"Loss.—V.
'
80,893
income
Net
*$366,858
5,500
♦; *
to opers.„
Deducts, from gross
*$3,944,220 .*$2,833,971
45.
p.
Procter & Gamble Co.
Months
6
"Net
Ended- Dec.
declared
or)
the common
170.
.
'
•;
1
.'•
>■ i
■
(& Subs.)—Earnings—
31—
1942
income
tEamings
(*After
all
charges
profits
Dec.
31,
The
the
may
of
$1.54
Federal
income
taxes
income
and
$1.93
profits
excess
taxes,
stock.
common
taxes
totaled
to
amounted
$1,692,000
$6,610,000
during
the
and
six
Fed*
months
1942.
report
and
these
and
shares
Federal
Notes—(ll
excess
1941
$10,194,515 $13,015,305
share
common
per
6,409,418
ended
excluded
firm's
earnings
English
and
of
Procter
&
Gamble
Defense
Canadian
have been made available in
this
subsidiaries, except as
country in U. S. funds.
Acquitted in Trade Secret Case—
four
stock,
payable April 15 to holders of record March 22.
A similar distribution
was made on Jan.
15, last, and in each quarter during 1942.—V. 157,
dividend
9
full and
shortly
court
Federal
and
other
six-month
patent
individuals
Procter
&
Sweeney
Gamble
Procter
&
Boston Feb., 9 was ordered to acquit the
after a three-week trial on conspiracy
rights and use of the mails to defraud.
Of
Involved,
suspended jail
Federal Judge
the
in
jury
two. individuals
charges involving
A
loss
D("Mends
.Nd
Chicago
Bank,
National
$6,000,000.
effective
right
A
157, p. 349.
$38,736
$2^8.394
Doss from sale
National
upon effective
registration
the. making of an offer by
stock
company
!Net
First
approximately
to
and
the
(2)
Stores, Inc,- -January Sales Up
sales
—V,
Feb.
says
of
stock
Corp.
Total
of
Co.,
;
'
contingent
eral
(270.620 shares),
Trust
:
-
Co.
National
and
< ,-
•
,
debentures
one
expense, $15; long-term obligations (notes payable), $39,000; deferred
income, $7,751; capital stock class A (110,516 shares) $663,096; capital
3t
Trust
Union
Bank
and 893,996
amount
fOn
$790;
&
Co.,
Phila.
Phila.
20-year *3
1933,
accrued
security taxes,
& Co., N. Y.
Bank of N. Y.
City
1942
31,
receivable, $11.276; crude oil inventory, $3,600; land, buildings and equipment (less
depreciation reserve of $212,414), $284,700; oil reserves (less depletion
reserve of $680,616), $273,889; prepaid expenses, $4,578; total, $599,694.
Assets—Cash
social
$279 225
.—
$13,993
$73,842
1,592
____
Trust
259.
Taxes assign,
—
Morgan
^The New York Stock Exchange has received notice from the
12,104
■
-
Trust
&
Bank,
.,—_—.
14,293
8,379
5,997
6,633
expenses
and
$137,747
37,623
10,783
P.
National
Postal Telegraph, Inc.. (&
$104,091
•
"V
'
Bank
York
National
N. Y.
Chemical Bank & Trust Co., N. Y,
Co.,
Period End. Nov. 30—
42,523
•
Balance Shebt,
on
77.886
011
taxes__ii
loss—
oper.
'
1941
$278-964
share
$3
40 7%
share net asset value at the beginning of the year.
Dividends
and
drilling
Net
deduct¬
similarly computed, of
31.
36,052
&
Co..
statement
of
that,
*
$119,874
$119,517
rev.
charges
Net
with
debt, amounted to $5,643,865.
After deducting such debt
applicable to the preferred stock amounted to $2,643,865,
preferred
other
Hanover
New
Chase
&
J.
Trust
National
Co.,
common
1939
1940
1941
York
Central
Phila.
company on
such
subsidiary).
1942
of
Bank
Pittsburgh Plate
Appeals
Pennsylvania
delphia
.
? ':!'<■
expenses
depr.
Other
Southern Investors, Inc.—Annual Report—
owned
ing
Interest
•
$12,240,000
tenders,
(Including
&- office
Other
$3.60
companv
per
2.33%.
cost of
applic.
1693.
p.
securities
the
a
Valley Crude Oil Corp.—Earnings—
and
Interest
$820,042
sh.
per
156,
nhnre.
Third
Development expenses—
$6,381,716
to surplus,
common
Dec.
the
'■
1,000,000
stock—
com.
Pacific
of
and
6 Mos. Ended Dec. 31— '
$6,645,935
on
The
2%s,
for
part of a proposed aggregate issue of
557.
'
.
Loss
■'
100.2779
New
Bank
2-5G92—Form-A-2)
face
cost
acquisition
and
.
to
p.
Producing
storkAA
pref,
Remainder
to
of 2.24%; Harriman Ripley & Co., Inc.,
100.645 for 2%s, a cost of 2.287%, and First Boston
are
Phila,
First
$1.06 IV
cost
associates,
is
appeal
Bank
Trust
$1.12 Va
bid of 100.771
a
on
filed an appeal Feb. 8 from the judgment of $22,104,515
against it Jan. 29 by Federal Judge George A. Welsh in favor
Pennroad Corp. in the Overfield-Weigle stockholder suit.
The
the
of
Depl.,
.
par,
10
the
Brothers, Harriman & Co.,
Continental Illinois National Bank
157, p.
The
Appeals Penroad Corp, Judgment—
Penn
:Ar>plic, to Pacific Ltg,
Corp.
"Divs. on
—V.
at
The company
Oil
Amount
the
locomotives
steam
.
before divs._
stock
Divs.
1946
bankers Feb,
the
to
1,
Pennsylvania RR. equipment trust series N to finance ultimately
entered
154
,
inc.
Common
Guaran¬
locomotives,
tenders, six
diesel electric
switching locomotives and 1,000 gondola cars.
With
the exception of the diesel electric switching locomotives the equip¬
ment
is to be
constructed in company's shops and the cost of
all
equipment is estimated at $15,300,000.
1,351,373
117
March
than
interest
an
construction
51
$8,238,205
sub.
plan.
Philadelphia
the
Crl2,598
$7,987,587
struction
t
Pref.
making
and
under
V.
Interest charged to con¬
;Net
under
issued
awarded
was
associates,
Corp.
$9,409,761 $10,778,742
1,595,090
.v
disct.
bond
$9,178,868
1,591,846
—
funded
on
7,297,433
5,785,281
$9,141,200
$10,514,'883
273,928
268,561
263,856
297,404
(net)
income
>ther
7,702,252
5,962,719
$8,904,941
$9,256,795
later
The certificates
21,888,746
6,322,055 :
6,703,268
Co.,
common
about 2.15%.
Halsey, Stuart & Co., Inc., and associates were second in the bidding,
naming a price of 100.15 for 2lis, an interest cost of about 2.22%,
The other bids were: Harris, Hall & Co. (Inc.) and associates, 100.07
1939
22,423,585
24.149,928
9,305.039
23,606.973
11,441.328
Taxes
for
■
1940
-1941-
$54,003,363 $48,681,963 $45,229,757 $45,486,347,
'Operating expenses
Prov.
(& Subs.)—Earnings—
1942
Years—
Calendar
Vis,
2
for
and place
time
the
concerning
be
of
Brown
Phila.
Title
issue
of
and
not
issue
for
and
•
and
The
2868.
p.
principal
1944,
refunding mortgage bonds, maturing Jan. 1, 1950, that a similar inyita-vf
tion is made to them,
The sum in the latter sinking fund is $5,435.04.
The
$867,335
int. by the Pennsylvania RR. Fidelity-Philadelphia
Trust Co.,
trustee.
Certificates maturing on or after March 1, 1954
are
callable in inverse order of maturity not earlier than March 1,
teed
bids
the
Decrease
RR.—Equipment Trusts
to
are
use
'",v- •' 7' ,■ 7'
addition to
in
Common Stock—Rights to Subscribe—
subject to the approval of the ICC.
Certificates
will be opened.
is also notifying holders of Los Angeles Pacific Co. first
time
which
at,
1943.
-
Offered—Salo¬
mon Bros. & Hutzler, Dick & Merle-Smith and Stroud
& Co., Inc. offered Feb. 11 at prices to yield from 0.80%
to 2.35% according to maturity $6,450,000 2.%% equip, tr.
certificates, series N. Dated March 1, 1943, due in equal
annual installments of $430,000 March 1, 1944-58, . The
issue is
is notifying holders of its refunding
companv
Co.,
common
Pennsylvania
credit,
Such
to by stockholders will be
sold
to a
group of underwriters headed by Lehman Brothers and Glore,
Forgan & Co., New York. Offering price to the public will be supplied
by amendment,
■
■
259.
p.
Bank
National
Trust
becomes
Pacific Electric Ry.—Tenders Sought—
,
157,
and
111.
running at a higher
further
expansion
is
is made of expanded
rights to subscribe
shares as are not subscribed
accrued
payable,
$2,575
(including
expenses
«;■
1942 *!
1943
home
refrigeration
Chicago,
and
inocreasing
as
<..,••
the
evidencing
was
-Ai $29,729,004 $30,596,339
_„a. A1.__Aw_• A'-1 —;
—V.
matured debenture in¬
terest), $4,525; accrued interest on 5%
debentures, $9,075; 5% gold
debentures,
due Nov.
1,
1947, $378,000; 5%
gold debentures, due
Apr. 1, 1948, $474,000; capital stock ($1 par), $141,151; paid-in sur-, ■
plus, $787,399; total, $1,905,350.—V. 157, p. 258,
and
share
per,
and
currently
peacetime,
Co.,
(par $101,
Penney Co.- -January Sales Off 2.83%—
(J. C.)
securities
for
due
accounts
sundry
$26,200;
received,
not
taxes
Federal
cents
Month of January—
Sales
prepaid expenses, $967; total, $1,905,350.
$1,853,742;
bought
$2,575
12Va
the
Philip Morris & Co,. Ltd., Inc.—Registers Stock With
>
1942
Sheet As of Dec. 31,
(including
$39,033;
Interest),
securities.
of
Balance
$48,192
$204,761-
$14,727
$12,467
for the year
months
Exchange National
(No.
recently declared on the
common
stock, payable Jan. 28, 1943, to holders of record Jan. 26,,
1943.
Payments during 1942 were as follows:
March 3, 25 cents, and
July 29, 12J/a cents.
Compare V. 156, p. 611.
"
'
of
dividend
in
.
Peaslee-Gaitfbert Co.—121/2-Cent Dividend—
,
A
Net loss
Corn
The
70
was
factor
SEC—To Issue $6,000,000 3% Debentures—
$22,529
of
sales
from
loss
securities
National
Trust
fixed price of $28V8 a share net.
cents a share.—V. 157, p, 169.
stock (no par), at a
mon
45,15$
$52,376
59,018
______
is
goods
in
Phila.
—V.
& Co., First of Michigan Corp., and associates offered
after the close of business Feb. 9 50,000 shares of com¬
26,420
of
producer
largest
Sandusky, Ohio,
/
Central-Penn
distribution
share on the common stock, compared with 25 cents
1, July 1 and Oct. 1, 1942 (compare V. 156,. p. 1693).
April
Dealers'
*Net
coming
Tradesmens
last,
with
company for some months past
work,
It is a leading supplier of
Phila.
18.
29,
accordance
the
war
war
participating in
Provident
Parke, Davis & Co.—Secondary Offering—Smith, Bar¬
$94,108
$46,551
debentures.
on
$106,326
.
First
Land
dividends
$1.50 per share
holders of record
and
arrangements.
the War Depart¬
arranged in
leading
a
Phila.
ney
Total
in
of
achieved
ever
Fidelity-Philadelphia
quarterly
regular
to
N. J.,
production
Trust
Dividends—
stock
common
the
is
and
Philadelphia National Bank
557.
p.
been
by
80%
Company, include:
cents, per
on
—V.
12
—__
.
Philco
industries,
converted
in Trenton,
than:-
Banks
company
157,
has
and
receivers
1007^
expected
14,390
1941
1942
peacetime
radio
conditioning
Philco
level
,
$79,707
10,074
A-—--——*
Miscellaneous
Gas
preferred stock,
Dec.
30
each
$104,944
'
\
Dividends
Interest
Ended
Years
for
1st
the
on
with
compared
as
cents
30
On
Account
Ohio
East
directors
The
of
of
Income
into
entered
been
Paramount Pictures, Inc.—Declares
1941.
31,
States
extent of
the
fuses
Girard
of Dec. 31, 1942, based on
market
quotations,
before
deducting
the
outstanding
debentures
amounted to $1,780,550, equivalent to $2,089.85 per $1,000 of deben¬
tures as compared with $1,743.27 on Dec. 31, 1941.
After deducting
the outstanding debentures at par, the net assets per share of out¬
The
•
has
for Insurances
the
to
handled
equipment for planes, ships, and tanks, and is also producing
and industrial storage batteries for the Government.
The
Philco
plants in Philadelphia were among the first in the
country to be awarded the Army-Navy "E" for their war production
record,
and
similar
recognition has
been
given
to
the
company's
Report—
Securities Co., Inc.—Annual
Overseas
been
shells,
with East Ohio
Co., a subsidiary of the Standard Oil Co. of New Jersey under
which the East Ohio company will purchase from Panhandle at least
50.000,000 cubic feet of natural gas daily and may purchase additional
substantial amounts.
It is contemplated deliveries will begin as soon
as facilities are provided by the
two companies, probably late in 1943...
contract
A
being extended
which
electronic
Gas
accrued
$3,218;
wages,
in
air
Line Co.—Gas Contract—
Panhandle Eastern Pipe
for Federal taxes on profits, $85,000; common
shares), $615,600; surplus, $414,903; total, $1,-
reserve
(60,218
guaranteed
United
District, is
by the Pennsylvania Co.
Annuities,
.facilities.;'"'
land, build¬
$2;
machinery and
equipment
(less
reserve
for depreciation
$304,9151, $314,021; unexpired insurance, $4,313; total, $1,128,804.
ings,
Granting
Is
the
While
Assets—Cash, $2:58,430; U. 6. Government bonds, $166,000; customers'
accounts,
credit
of
the Third Federal Reserve
of 21 banks headed
and
and
cents par),
$849,393; total,
surplus,
to date In
automobile
($2 cumulative, $1 par), $163,856; class B common stock (10
capital surplus, $1,345,437;
$6,298,199.—V. 156, p. 963.
'
$53,68o;
electronic
Regulation V of the Federal Reserve System based upon the President's
Executive Order No. 9112 of March 26, 1942.
$3 cumulative pre¬
class A common stock
$629,150;
of
group
Lives
ment
investments,
payable to
note
$256,677;
shares!,
a
,The
of New York, $3,000,000;
par
arranged
a
$30,000,000
three-year
V-loan
to
working capital to finance its large and increasing
equipment • for the Army 'and. Navy, It was
announced February 9 by Larry E, Gubb, Chairman of the board of
directors, and James T. Buckley, President.
This credit, the largest
production
"•on
'
$56,722;
$6,298,199.
receivable,
$4,105;
payable,
no
1942
Dec. 31,
accounts
expenses,
National Bank of the City
$980,680
$1,030,503
prepaid
$5,020,531;
1942
Sheet, Dec. 31,
^
applied in reduction
been
having
has
provide additional
account!.
$1,216,841;
Assets—Cash,
ferred
;Common stock and surplus (end of year)
sales
prior
Corp.—Arranges $30,000,000 V Loan—
Corporation
31,
Balance
-.-I——-—--—I—,_A
'
Common
iirst-out"
"first-in,
the
on
of
The Investment Co.
of America.
sales of 4,866 shares of stock of that
1942, 'the current value of the investments computed
in the manner shown in Note (1»
to the accompanying balance sheet
was
$397,657 less than the ledger value; the difference has not been
taken up in the accounts.
This unrealized depreciation at Dec. 31,
1942, is $971,095 less than the unrealized depreciation similarly com¬
puted on the investments owned at Jan. 1, 1942.
(3)
During the year ended Dec, 31, 1942, purchases and sales of
securities aggregated $1,141,833 and $1,132,100, respectively.
1941
$1,147,731
923,087
44,658
-Years Ended Dec. 31—
company
stock
the
'(2)
Manufacturing Co., Muncie, Ind.—Earnings—
Ontario
Sales
cost
of
; ;
1778.
156,.p.
21,591
,
capital
142,915
—
A;
;
the
to
cosc
$705,918
—-
—
Philco
method, except as to
The profit of
$38,390 from
company during
the; year .has been computed on the basis of average book value thereof
inasmuch as these securities are carried on the books at less than
1941
$495,138
*
—
Profits and losses from sales of securities are "based upon
Notes^—(1)
Sept. 30
Months Ended
9
Income,
1942
Income
Monday, February 15, 1943
Co.,
three
fined
were
and
one
given
a
sentence.
directed verdicts
the
Procter &
Gamble Distributing
of
acquittal
Gamble
Co.,
and
in
the
case
Manufacturing Co.
Thomas
M.
or
and
Mulvaney
of
Volume
157
Number 4151
-
THE COMMERCIAL & FINANCIAL CHRONICLE
Anthony
Mersicano of Boston, alleged middlemen to
whom correspondence allegedly was addressed.
Directed
verdicts
of
guilty were
returned against: Dr. D. Paul
Smelser, Cincinnati, head of the market and research department of
the
company,
who was fined $5,000;
Cleo W.
Knappenberger, his
assistant, fined $1,000; Raymond J. Lamping, another employee, fined
$500.
Prank J. Elms, another employee, was given a six-month sus¬
pended jail sentence and one year's probation.
Judge Sweeney post¬
poned indefinitely disposition of four other defendants who changed
their pleas to guilty at outset of the trial.
The defendants were charged with conspiracy to steal trade secrets
Cincinnati,
of
Lever
mails
Brothers
to
defense
counsel
ethics
for
in
officers
knew
of
157,
577.
p.
Consolidated
Utilities
Co.
Pullman-Standard
157,
tric
of
business
of the
attempt to
preceding
•
of
tanks,
the
Jan.
Joseph
other
set
by
up
Barker
revealed.—V.
157,
260.
p.
1
•Net
Jan. 2,'43
income
B.
-
/."!
'
■
Norman
has
Jan. 2,'43
as
Ned
E.
Dec. 27/41
Feb.
on
I
tration
that
of
William H,
Clark
other
contracts
Radio
would
than
Pictures,
that
contracts.
exhibition
Clark, who is
will also be elected
Mr.
is
It
„
$73.85
share
the
corporation,
Mr.
—V.
156,
It
,
.
the
1943
—
is
the
on
and
after
Mr.
Goodwin,
New
in
Account
Fund
1942
Field,
A
date
the
31,
1942,
for
interest
Calendar
and
taxes
in
SSSi
Period End. Dec..31—
"Net
profit
tEarns.
per
"After
taxes,
$0.52
$0.60
charges and
ton
$3,324,300
amounted
The
to
1,743,040 shares
of
income and
stock..
net
U.
approximately
Years
common
•
Net
profit
i^arns,'
v.
1940
sh.
"After
interest, depreciation,
profits tax.
_xcess
Provision
taxes)
Federal
for
$67,875,000
in
Note—With
and
'
'
'
157,
$583,707
$509,059
101,744
98,283
89,696
'
'
$481,963
$410,776
Rollins
99.5V
in
27,367
Common Div.—
Sheet
in
1942;
at
as
(
•Net
Earnings
share
per
all
"After
.
$97,546
0.51
profit
1942—9 Mos.—1941
$150,059
$215,064
0.79
$392,441
,1.12
,
;•••_•
excess
Russell-Miller Milling Co.—New President—
F." Miller, Treasurer since 1939,
Leslie
2.07
including depreciation and provision for Federal
profits taxes.—V. 156, p. 1613.
charges,
income and
Treasurer.—V.
St. Albans
156,
p.
,
Ry.—Supreme
courts
Court
Rules
Court
The
Fort
acted
which
Co.,
Scott
which
Trust
.
■
$""
' ' *''
56,698,833
V
•
of
claim
a
brought
of
mortgage
a
the St.
of
•
Net
the
trustees
Francisco
District
the
trust
reorganization
estate
as
but
for
Ry.,
Court
for
were
Prov.
''
^
...
$
distinguished from
the basis of
157, p.
558.
powers
of
the
Commission
and
the
inc.
for
1941
the
Commission's
report
all
questions
of
law."—
sales
of
Jan. 30/43
$43,451,391 $45,735,123
_
Jan.
2,934 stores
Jan 31/42
30,
a
1943
year
there were
previously.—V.
2,516
157,
stores
p.
350.
in
income
$163,535
40,000
59,876
—I
—;
;
_
"
_
:
no
100,000
200,000
204,584
20*0,000
$1,456,413
$929,558
_
shares.—V.
par
'i'\
'
155,
—
of
profit
:V
1942
-
3,063,272
847,118
791,807
securities
Shares
$4,"274,363"
$1,328,822
$3,517,015
2,862,779
656,137
188,676
$4,400,970
$3,705,691
$3,757,485
300,000
150,000
575,000
645,068
&
205,127
1,291,137
..
tax
105,343
27,510
116,887
160,715
$1,052,846
$2,737,603
$2,969,976
1,726,926
1,781,426
2,226~783
2,226,783
1,726,926
1,781,426
1,781,426
18,204
$1.53
$1.67
Assets—Demand
deposits and cash
hand, $4,237,768; U. S. Treas¬
ury certificates and defense bonds, $555,000; notes and accounts receiv¬
(less
allowance
for
doubtful
on
notes
and
accounts
allowance
for
depreciation
miscellaneous
and
expenses
etc.,
and
good
Liabilities—Accounts
and
construction
investments
deferred
will,
$1;
and
payable,
(less
allowance
assets
(less
progress),
Sales,
for
salaries
$2,283,732
operation,
against
of
and
wages,
Other income
Total
Misc.
common
record
and
Feb.
stock,
declared
5
extra
an
dividend
usual
no
quarterly dividend of
par value, both payable
Similar
15.
25 and Nov.
Aug.
Feb.
on
the
distributions
25, last year.—V.
were
156, p.
50
Feb,
made
of
on
to
Idle
share
May
on
of
25,
1781.
dividend of
stock,
no
15
cents
per
share has
been
declared
on
the
common
payable
May 1 to holders of record April 15.
A like
paid each quarter since and including May
1, 1942.
The previous payment—40 cents
share—was made on Dec. 31,
per
1931.—V. 157, p. 46.
par,
has
amount
$3,952,876
3,461,944
167,166
187,869
271,322
259,202
$600,426
$231,731
$285,172
2,066
111,113
68,576
$704,633
—
ti$85,319
33,724
$669,002
($51,595
174
for
"6~832
~11~161
164,060
164,060
164,060
28,040
40,808
46,805
§29~638
9,158
expense
loss
due
income
charges
for
The
no
par
per
*1,999
taxes.
6,619
147,715
share
on
on
out
Malartie
cost
post-war
(37,881
re¬
100,000
profit '
—
$262,645
company,
for Canadian
$427,664
income
for period Nov. 1,
a
holders
similar
156,
p.
of
dividend,
1958.
Feb.-
plus
"
25
in
the
allowance
§Canadian
income
for
taxes.
doubtful
No
Note—The consolidated
or
(as
excess
excess
of
tax¬
net
profit includes
a net income of approxi¬
1942, at average exchange rates,
subsidiary.
Consolidated
18.
The
Balance
cents
to
Sheet, Oct.
31,
1943
Assets—Cash, $1,263,625; marketable securities, $1,062,037; accounts
receivable (less reserves of $137,416), $1,261,197; inventories, $3,524,417;
Investments
(less
and other
reserves
assets,
$146,717;
depreciation
for
and
rent, taxes, etc., $296,576;
property, plant and equipment
revaluation), $1,583,413; prepaid
total, $9,137,982.
Liabilities—Accounts payable, $248,190; accrued salaries, wages, taxes,
2nd quarter 1st quarter
1942
etc., $212,031; accrued interest on debentures, due Nov. 1, 1942, $82,030;
Canadian income and excess profits taxes (estimated), $32,514; Federal
63,272
64,639
64.137
$273,868
$299,619
$300,383
2.92
2.85
2.95
74,456
.
Canadian
the
89,362
115,078
111,094
no
547,229
assets
1614.
balance
income.
3.02
profit
p.
$42,000;
flLoss.
63,339
ton
accounts,
provision for Federal income
profits taxes has been macje as the loss carryover is in
able
Ltd.—Operations—
1942
$32,715.
above), $37,881.
insurance,
Mines
of
Div.
dividend of
preference stock,
record
taxes
$168,368
G. Spalding & Bros., prede¬
1938, to June 30, 1939.
quarterly
convertible
($289,399
(Expenses in connection with the merger of A. G. Spalding & Bros.
(N. J.) into A. G. Spalding & Bros., Inc. (Del.),
$57,381; Jersey City
intangible personal property taxes, $22,500; total, $79,881; less reduc¬
$265,854
per
current
156,
to
Corp.—Regular
regular
a
cumulative
4th quarter 3rd quarter
1942
1942
milled
Operating
Net
$3
arrearages.—V.
Period—
—V.
the
Publishing
declared
payable March 1
Dec. 1, last, paid
dividend
Sladen
Oper.
8
*1*6*162
(net)—_
(•Including consolidated operations of A.
from
value,
company
wipe
Feb.
on
15,872
44*822
to
habilitation
been
directors
cents
53,441
charges-
mately $22,000 in 1941 and $28,000 .in
75
(1939
3,399,867
foreign exchange.
Other
tion
Sherwin-Williams Co. of Canada, Ltd.—15-Cent Div.
31
$3,585,870
debentures.
on
plant
Prov.
cents
holders
25,
Oct.
1940
$593,520
•Includes provision
25
per
25
Feb.
Ended
2,512,519
income
income
cessor
cents
Years
1941
$3,300,814
Interest
Sheaffer Pen Co.—Extra Distribution—
directors
for
2,064,764
Operating profit
Net
share
P. 1419; V. .156,
and
Deprec. & amort., plant
& equipment
Prov.
per
Income Account
expenses
pleted sales contract, $388,726; reserves, $2,557,346; common stock
(par
$1), $1,726,926; capital surplus, $4,077,265; earned surplus
,$8,256,393;
total, $19,385,627.—V. 156, p. 2310.
(W. A.)
1942
discounts,
advertising
'■ admin,
Unrealized
The
Dec. 31,
$2,825,450
Belling,
$269,282; accrued taxes, other than Federal and Canadian
incorqe taxes,
$325,808; accrued advertising and other expenses, $55,376;
provision for
employee's bonus, $245,000; provision for Federal and Canadian t^xes
on
income, $250,267; dividends payable, $431,731; advance on uncom¬
Production-
Decrease
net
Interest
accrued
Sheet,
$17,434
$19,385,627.
years
$9,729,756 $10,285,534 $10,841,905 $11,839,116
6,904,307
6,984,721
7,256,035
7,886,240
$108,266;
receivables, $215,655;
$160,937; patents, contract
$801,504;
for
1942
$90,076),
sundry
charges,
total,
in
of
46,466
the
Spalding & Bros., Inc. (& Subs.)—
Earnings-
$1.61
1942
for
provision for income tax foi
additional income
taxes for
prioi
$1'035'952-"*-V- 152' P- 1143-' V- 155>
consolidated
stock
Oct. 31,
assessed
tAfter
against undistributed net income,
flncludim
in cash from earned income and
$27,800 paid ir
§Loss.
48,524
Balance Sheet,
taxes
§8,287
§$42,688
surplus.
1,781,426
$0.61
income
1934.
directly
'
$2,926,265
______
Consolidated
prepaid
and
deduction
paid-in
(A. G.)
186,152
period
common
rights,
additional
on
1933
dividends paid
1060
p
applicable
—
$50,974
transactions
Assets—Cash, in banks: (demand deposits),
$282,238; interest receiv¬
$10,149;
miscellaneous
accounts
reecivable.
$48;
investments,
$742,717; prepaid expense and deferred
charge, $800; total, $1,035,952,
Liabilities—Accounts payable, $12,491; accrued
taxes, $14,275; prior
dividends held pending issue of
capital stock in exchange for certificates
of deposit, $819; common
stock ($1 par), $59,669;
surplus, $1,022,403;
comm°n stock held in
treasury (5,455 shares) at value of
158,174
$1,585,482
*14,000
able,
$3,599,311
126,607
outstanding (par $1)_~.
Earnings per share——
deposits,
21,
without
from
0.552
,
$46,999
$32,528
charged
$4,728
cash
24,632
•11,387
•
—A,/
t $28,794
from
Balance
A
dividends—.™
Common
years
"$7,118,227
$89,606
32,818"
income__
paid
but
1941
$79,551
income
Dec.
2190.
p.
AAA'
____
realized
281,172
Corp.—Earnings-
———
'
229,197
_
.
;-_A—AA——_A—.A—■—
20,000
*55,655
551,073
and
_
———————
1942,
1939
dividends-—
Preferred
Tons
4 Weeks Ended
•
Period—•
contingencies
•Interest
1940
3,112,446
taxes-
State
prior years
Other charges
court,
Safeway Stores, Inc.—January Sales Decreased 4.99%
As
V
694,098
Simmons-Boardman
upon
Net
for Federal
to
contrary."
of
$300,881
.
——
Balance
256,660
assessment
A
Law.
separation
Federal
-.-s—AAAAAAA
Net
20,128
$929,558
Dividends paid
1,583,883
contingencies-
Canadian
estate.
overruling lower court decisions to the countrary, held
is subject to ICC review under Section 77(c)(12) of
Supreme Court, speaking through Chief Justice Stone, said:
"Our conclusion is that the function committed by the law to the
Commission is the ordinary one reposed in a fact-finding body and
that its findings, supported by evidence, may not be disturbed
by a
court.
This construction of the Act leaves the Court free to decide
V.
for
Provision
the
subjection applies in terms to allowance of claims such as
in issue," the Court said.
"No legislative history is cited
the
80,792
_
.Years Ended Dec. 31—'
$
'
and
and
oper.—"
on
50,000
7,555
AIA
■
.
$7,372,093
exps.—
income——
Provision
per¬
claim
to
67,027
_
27,103
Interest paid
__i
Provision for. Federal income tax
69,626,863 904,944,043 975,712,422
•
■.
$8,233,927
income
Total
the
.
profit
Other
by the Bankers
the Kansas City,
Louis-San
with
State
Total income
1943—12 Mos,—1942V-
$3,606,803
expenses—.—
the
petition
with
the
selling
390,999
-
;
Southwest Consolidated
$20,458,226 $29,162,395 $22,302,533 $21,174,123
16,851,423 .20,928,468
14,930,440
14,055,896
sales_
190,296
50,000
■_
taxes/ etc.
•Represented by
Account, Years Ended Oct. 31
etc.
1941
486,064
—AA—_.™__■■_''
payable
~SSSS~~~*~
stock
.
Total
.
here
the
As
part
Ry.,
benefit
Bankruptcy
those
to
of
case
connected
not
railroad's
"The
the
reorganization.
filed a
the
Court,
the
the
indenture
services as indenture trustee, for counsel fees and
objected to ICC jurisdiction on the grounds that the
were
for
debtor
The
to
and
It
expenses.
formed
that
allowances
trustee under
company
compensation
services
in
was
Memphis
&
under
is
The
make
in connection With railroad reorganization proceed¬
first referring the claim to the Interstate Commerce
the Supreme Court ruled Feb. 8.
•
without
Commission,
Trust
not
rendered
services
ings
may
•"
profits taxes
Surplus
\
$4,631,757; inventories, $5,634,279; plant properties
depreciation of $4,091,240), $3,841,963; other fixed
Trustee Claims in Rail Cases Come Under ICC—
Federal
of
able
(L. I.) Golf Club—Liquidates—
cents
$197,343
396,113
—™_7~™™~~
.
for
•Common
1?)42
31,
.
1421.
Francisco
1942
$422,550
(net)
wages,
excess
'
which was sold to the U. S. Navy last spring for $500,000,
is soon expected to make
a partial distribution of 60 cents per $i
par
value of outstanding bonds.
A further distribution of between
15
and 20 cents will be made when the affairs have been finally
settled, it was said.
Louis-San
returns,
sales—_
has
The club,
St.
.
+
_1™_^™____
Reserve for
•Charges for depreciation amounted to $458,883 in 1942; $404,939 in
1941; $418,384 in 1940, and $429,497 in 1939.
,
,/
A. Al,
been elected President
to succeed C. G. Ireys, who resigned because of ill health.
Mr, Ireys
was named
Co-Chairman of the board, and Mr. Miller will continue
as
less
*Net profit for
1942—3 Mos,—1541
Pay¬
30
1943-Month—1942
charges and other assets—
Provision
$14,060. * fLosis.
Dec.
$13,711,644/
1942
service
Cable Corp.—Earnings-
Rome
period End. Dec. 31—
common
13
$5,962,254 $26,473,662 $17,219,098
,
assets
Accrued
543,366
1943- -Month—1942
-
Admin, and gen.
A dividend of 25 cents per share was recently
declared on the common
stock, payable Jan. 4 to holders of record Dec. 26.—V. 155, p. 607.'
the
'
(customers)
Liabilities—
187,465
424,290
1941
Hosiery Mills, Inc.—25-Cent
on
.
Accounts payable
Common dividend
$378,694
113,836
amortization
•
260.
p.
Gross profit on
•
the rate of production in 1942
of capacity then existing.
Republic's 1942 total sales amounted to $521,110,835 as compared with
$483,812,368 for 1941.—V.
156, p. 260,
%%%;■>;,'%■
to
Cost
and
steel capacity,
increased
99.6% compared
was
law,
$1,456,413
1,940
463,129
.
Sales,
$1.42
taxes
less
incurred
tax
.
ended
V
-i
.
'
$468,390
499,600
income
1939
profits taxes amounted to
and $8,000,0010 (only income
1941
1943-10 Days-1942
$9,380,155
__
■185,614
—
—V.
excess
in
declared
,
$3.30
thus
Ry.—Earnings—
S.
Net
1
income
debt
excess-profits
356,116
$505,292
Sales
profits
$21,113,507 $10,671,343
Federal
has been
banks__i.
Deferred
$112,274
$ 11,863,457;; total,
Advertising,
income
1940.
in
depletion,
$46,250,000
1942,
1940
$3.87
$2,67
com,'
on
1941
share
per
savings bonds'—__________
Fixed
1939
388,860
income
Subs.)—Earnings-
$17,154,578 $24,038,340
—
per
(&
1942
the
the
Treasury tax payment notes, ~serles: EL~""'
Post-war excess profits tax
credit——
Servel, Inc. (& Subs.)—Annual Report-
Steel Corp.
Republic
cents
559.
p.
Inventories
Sears, Roebuck & Co.- -January Sales Off 18.6%—
$2.25
Note—Company's fiscal year ends Mar, 31.—V. 157, p. 478.
calendar Years—
in
S.
U.
$120,199
Period End. Jan. 31—
$4,563,926
excess
30
Accounts receivable
Liabilities—Taxes accrued, Federal and State, $6,173; other
expenses^
$17,918; capital stock "(174,567 no par shares), $4,304,175;
paid-in
surplus,
$10,085,548;
earned
surplus since
Oct.
15,
1935,
$119,979; unrealized (depreciation) arising from revaluation of invest¬
ments, $882,149; total, $13,711,644.—V. 156, p. 2230.
$25,900
$1.55
,
provision for Federal
and
of
Southern Weaving Co.—Balance
Sheet Nov. 30—
Cash
accrued,
1942—9 Mos.—1941
$1,261,644
share
com.
$1,121,100
spirit
Assets—
dividends
460,129
/'
Balance
>
f,
1942—3 Mos.—1941
—
157,
;—,
Expenses,
Inc.—Earnings—
financing,
the
payment
sometimes
are
$10, payable March 1 to holders of record Feb
during 1942 were as follows: Feb.. 28 and
Sept. 1,
and Dec. 10, a year-end of 50 cents,—V.
150, p. 1781.
Period End. Jan. 31—
:
Remington-Rand,
within
agreements
and
1941.
was
1941
94,422
■;
January 1943 sales were the highest .in
that month.—V. 157, p. 171.
for
of
and
agreements.
lease
par
each,
was
year
previous
Federal
for
$601,654"
Dividends paid
"Less bond premium
the
that
announced
company's history
forms
and
Secretary.
$123,578
Net gain realized on sale
of investments
a
oL the
'
under the
as
contracts
capital"
Southern
Dec.
same
other
dividend of
Stock,
ments
Treasurer;
479.938
1
Federal income taxes™
Increase
$185,346
for
Southern Pipe Line Co.—30-Cent
Dividend—
of
N. Y.
on
from
1942
______
ments,
1942
$211,246
...
8
obliga¬
tax law in obtaining
the company told the ICC.
However, it added, "there is some question
whether it is within the letter
thereof," and substitution of notes
should be allowed "to remove
any possible doubt."—V, 157, p. 479.
are:
unec^or
Assistant
York,
same
provision
Expenses
Rand's, Pittsburgh—January Sales Up 14%—
sales
Directors
Fiem,
the
than
"borrowed
Assets—Cash, demand deposits, $120,477; dividends and interest re¬
ceivable, $68,080; U. S. Government securities, $l,659,630;.other invest¬
Month of January—
Net
is
developments
••$121,715
Total
1870.
p.
expensive
Hemisphere.
company.
Franaun
the
of
Feb.
$6,095,567 of its
interest
would be
_
contem¬
Assistant Treasurer
Assistant Secretary.
an
Western
new
Vice-President;
Fund
'•
is also Assistant Treasurer of Radio-Keith-Orpheum Corp,
Clark
such
as
Income
adminis¬
an
now
covering
Co.;
Bernard
share
_
plated
the
&
Fifth Ave.,
per
Interest
Inc., announced
supervision of
assume
to
by
expenses
per
Net
RKO
value
Equipments—
Commission
for
the letter of the
excess-profits
to
Conditional sales
very substantially
improving
Conversion"
are
the
property
compared to $3.12"per share
realized loss established
by security transactions
$0.51 per share.
.
of
at 527
received
all
$3.03
been
appointed Assistant to the President,
Radio-Keith-Orpheum organization since Jan.
President
and
notes
deductions,
dates
on June 30, 1942.
During 1942, as in every year since organiza¬
the number of shares of the Fund
outstanding increased, the
growth for the year being from 159,428 to 174,567.
,
Depinet,
of
the
Swan,
to conform
promissory
notes would be
issued to holders of 23 conditional sales con¬
or equipment lease
agreements entered into between April,
1939/
June, 1942, for the purchase of Diesel
locomotives, flat cars,-gon¬
dolas, ballast cars and cabooses.
The rate of
tion,
after
.
the
•
,
Mr.
are:
compared
Income
has
Freeman
been-with
1941..
in
of
Hutton
Secretary;
asset
Dividends
1,
F.
patents
''Beam
use
substitute
$72.35
■'
—52 Weeks Ended—
Dec. 27,'41
net
$78.41
Radio-Keith-Orpheum Corp.—New Official, Etc.—
He
also
E.
located
are
The
share
com.,
Rue,
Convert
Commerce
and
Scudder, Stevens & Clark Fund, Inc.—Annual Report
,
per
,and
President
of
officers
Co.—Would
Interstate
The
method
is
the
tracts
end.
valuable
novel
a
image
Swan
La
Offices
trebling those of
plant of this
$495,513
$500,972
$1,714,538
$1,429,379
$0.64
$0.65
$2.22
$1.85
"After interest, depreciation, Federal taxes,
all other charges and
deduption for minority interests.
fOn 771,476 shares of common stock
outstanding in the hands of the public.—V. 157, p. 558.
tEarns.
E,
and
to
Hammond
13 Wks. End. 12 Wks. End.
'
Period—
transmission
Corporation for
Levey
Otner
Purity Bakeries Corp. (& Subs.)—Earnings—
;
tax
Britain.
LeVey.
things, auxiliary painting and drying equipment was
plant officials to meet the expanded schedules,
Mr.
the
Great
tions
Paul Raibourn, President of Television Productions,
Inc... a subsidiary of Paramount Pictures,
Inc.; Earl G. Hines, President
of General Precision Equipment Corp., and Mr.
31.
Among
in
Pacific
asked
permission
Piper Aircraft Co.;
than
more
from
Company
General
the
on
new
Arinur
Mfg. Co.—Record Tank Ship¬
made
were
is
television
the
of
during December, Wallace N. Barker, Vice-President, reported,
company
on
shipments
month,
and
interesting
"Skiatron",
the
the
R.
Record-breaking
developed
eye)
Many
as
ments—
any
Southern
.
Inc.
ine
Suqjuuny method, which utilizes' sonic waves above the fre¬
quency of audible sound, makes possible the projection of large-scale
television images easily adaptable to color.
It is considered as im¬
portant an advance in reception of television as the Iconoscope (elec¬
259.
p.
,
645
Precision
together own all of the class B stock of the
company, while the class A stock is held by Arthur Levey and
Scophony,
Ltd., of London.
establish
1
,
General
Television
any
or
and
television
Corp.-—Bonds Called—
above.-—V,
Car
conspiracy
any
Corp. of America—Formed—
Productions,
(a subsidiary of Paramount
Pictures,
Equipment Corp., together with Scophony,
Ltd., of London, have formed the Scophony Corp. of
America, which
controls American rights and patents for the
"supersonic" method of
using the
acquittal after
were probably breaches
not at all satisfied that
am
defraud."—V.
Utilities
Citizens
I
directors
Scophony
Television
Inc.)
with
"There
but
of
to
and
concern,
Sweeney said in ordering
that the Government had failed to
charged
case,
mails
soap
Judge
board
Public
See
Cambridge
a
prosecution;
this
or
the
Co.,
defraud.
grounds
use
and
489,367
431,278
360,645
surplus,
State income taxes (estimated), $115,000; 50-year 5% debentures,
$3,281,200; reserve for post-war rehabilitation, $100,000; first preferred
stock (31,942 no par shares), $1,597,100; second preferrec' stock (215
and
p.
par
1519.
shares),
$34,400; common stock ($1 par), $440,0u3; capital
earned surplus, $86,769; total, $9,137,982.—V. 155,
$2,908,745;
FINANCIAL CHRONICLE
THE COMMERCIAL &
646
Operating
,vA
revenue
Net.
operating
Non-operating
-
$315,713
__
2,635
revenues
income
.-i—-..
$3,002,823
2,377,441
$908,234
592,521
—.
Unci, taxes!
deductions
work.—V.
war
for handling orders for war production, and
plants in fvie Cities are now virtually 100on
company's
the
that
4 Months
Month
revenues
Operating
retooling and preparation
(& Subs.)—Earnings
Southwestern Public Service Co.
Period End. Dec. 31—
156,
$1,225,381
9,479
Income
cash
Year
Ended
income
$318,348
Dec.
1942
31,
deductions
Income
•
$1,252
2.1C5
income
Accrued
— —
divs.
stock, —:—32.229
pfd.
Balance
129,621
$201,859
6cumul.
on
$738,551
Sheet, Dec.
surplus
—
-
shares of common stock.
"Applicable to 644,720'A
31,
Liabilities—Accounts
(par
has
NYSE
collateral
and
issued
and
authorized
trust
the
listing'
4series,
bonds,
$20,000,000 first
of
1972,
due
all
of
10
$3,394;
mortgage
which are
income
1942
147, p. 2705,
income
"Net
profit
$392,403
—
1939
$295,680
Account,
Provision
dividend
no
of
cents
40
share
per
payable
value
par
Feb.
"Includes
declared on the capital
holders of record Feb. 16,
to
Months
Payments during 1942 were as follows: March 10, June 10 and Sept.
50 cents each; and Dec. 10, 40 cents
surtax;
Kellogg Jr.,
10,
$1,907,636
$1,968,615
$1,875,655
64,884
32,727
36,657
$1,558,687
declared
$1,704,992
$1,564,129
$1,622,116
1.677,128
1,679,419
•
1,558,679
President of this corpo¬
1943
1AA.„
479,
pp.
173,
1942
of
Surplus for the
liabilities
over
and
$2,748,542
Years
Ended
consolidated
(& Subs.)—Annual ReportYear Ending
Statement,
Income
Dec.
At
45
Oct. .HI,
the
sold
1942
of
basis
31
Selling
and
general
charges________A—_
income
expenses,
"Net
$148,248
$3,812,843
1,704.992
17,615
23,782
8,128,679
"3,546,475
$9,853,229
1,106,145
"After
profit
Net
operations—
from
income
stock,
69,853
Surplus a/c Nov.
1,
of
.97,626
1,677,128
assets over liabilities and
end
1,679,419
Cash
Dividend
Net
Oct.
a/c
1942
31,
i—-—,
A
paid
share
earnings, per
The
Assets—Cash
and
Sheet,
receivable
accounts
(less reserve),
Management
inven¬
Accounts
$3,412,779.
"Common
fless
Liabilities—Notes
due),
$424,442;
stock
payable,
(bank,
payable
notes
156,
commissions,
wages,
long-term),
(150,000 shares outstanding),
$3,412,779.—V,
payable
accounts
$200,000;
salaries,
accrued
$207,291;
$600,000;
capital
for
$30,064,739
89,590
14,171
13,288
119,500
par)-,-,— 1———
(no
.
outstanding;
571.676
A
.
v.:
..
in
..;
27,600
31,290,326
—
29,189.676
4,893.480
,,
and
1942
I;l-
-
■
,
Accident
Insurance
Detroit W Annual
Co.,
directors
The
According
to
report
the
stockholders
to
presented
President, the company's premium volume in
$21,716,158,
comparison
in
increase
22.4
a
with
largest for any single year in the history of the
by
Charles
the year 1942
Feb.
Feb.
on
stock,
common
15.
$36,452,353
declared
4
par
$10,
f
dividend
a
the
each, and Sept.
(1
$30,064,730
j/
.
payable March
of
75
cents
/
and
from
$7.11
or
investments
.
vision
for taxes,
$7.47
share
a
the
on
175,938
regards policyholders amounted
as
increase
The
of
$1,017,712
reported
company
position.
Out
cash,
S.
U.
within
of
total
Dec.
157,
amounted
on
and
a
Assets
at
end
the
$5,061,011, or 17.51
The
Standard
surety
ranks
companies
sidiary,
the
investment
as
of
one
$34,751,688,
oldest
the
United
Insurance
the
in
totaled
1942
States,
Co.
of
Dominion.—V.
Total
Shares
of
—
increase
an
stock
Earnings per
is
•
,
(at cost), $18,530;
receivable,
officers
$4.33,
contracts,
less
cost
$4.44
reserves, $119,853),
in capital stock of other corps,
mortgage on real estate, $42,750; notes and accounts
and
employees
(including approximately $10,600
insurance premiums refundable at termination
charges,
$12,375;
reserve
sundry
for
$73,514;
Liabilities—Accounts
(paid
Oct.
1,
excess
profits
Notes,
series
other
1942)
taxes,
$565,000;
and
wages
payable, $888,766;
Federal
and
State
dividends payable
income
and
Federal
estimated
(less
U.
S.
Treasury Tax Savings
$780,000; property, social security, and
sundry
accrued
accounts,
$5,987;
reserves,
See
Aetna
Fire
Life
Insurance
Insurance
Co.*
Co.
Standard Products
Augustus, both of whom
(Conn.)—Report-
above.—V.
152,
p.
Co.—New
debts
are
on
profit
$119,450
share
$0.40
depreciation, Federal income
standing shares of common stock.
the
J.
to
of
in
bank
and
plant and
Federal
taxes
for
the
taxes,
six
1940
$249,206
$282,938
$0.83
etc,
months
tOn
ended
$0,94 *
300,000
Dec.
31.
out¬
last,
compared with $196,680 in the like period of
fiscal year.
S. Reld, President, says the past six months were largely
spent in
$80,000
as
preceding
be
authorize
to
annual
of
and
.hand,
on
and
Sheet,
Oct.
31,
was
be
Included
for. redemption
preferred
stock,
of
which
it
a
,;.
satisfactory
*■
■.
balance after
lamps,
all
esti-
,
and
electronic
production,—V, 157,
tubes,
apparatus,
fluor¬
and
now
47,
.p,
.
to
by
effect
■
an
the
Utility
Tampa
inside
in
Board
1940,
August,
the.city limits of Tampa, Fla.,
as
soon
v,
...
$1,500,000
held
is
estimated.—V.
was
C.
in
157,
by
escrow
the
Circuit
at
Court
479,
p.
Executive
Hart,
has
1
Vice-President
of
the
Federal
been elected President.
Machine
&
^
1942
1940'
1941
;A-AA $12,859,071
expenses—11,138,418
$6,689,638
5,769,689
$4,500,246
4,151,643
$1,720,653
$919,948
$348,603
_,A
and
sales
and
accrued
and
S.
Government
reserve
1419.
•
taxes,
•
-
-
$12,300;
•
•
.
(less
Nov. 30—
and
returns
provision
on
'
*
'.
-
—
sales^-—
$414,303
interest.._______—^—A.
interest and
of
-Loss --on- sale
Pro v.
for
Fed.
Provision
■
discount
for
$3,010,383
56,044
18,619
33,428
25,418
inc.
State
taxes
1,160,000
contingencies--
13,747
15,329
212,500
.
100,000
69,000
100,000
$322,012
$487,007
•
(net)
paid
82,908
.
20,0,94
16,465
142,415 '
$233,320
142,514
r_
$179,597
$344,494
$233,320
par)--
83,832
83,832
Earnings pe)r share—_
$3.84
$5.81
'
surplus
Shares of capital stock (no
Balance,
provision for depreciation
"Including
in
1941
and
Oct.
-On
'
$129,745
1942,
17,
oldest
the
is
N.
Bridge,
founded
iron
plant
J.,
two
in
$2,220,596
1,735,515
the
company
banks
in
Assets—Cash
tories
at
$104,732;
total,
less
cost,
capital
$384,038
in
celebrated
producer
the
on
in
its
the
original
83,832
$2.77
-
1942,
$130,231
•
.
steel
and
stands
centuries
securities, $500,687;
of
1940.
200th
anniversary.
its High
country «nd
site
where
the
company
ago.
Balance
$2,259,670
39,073
$2,954,340
2,235,194
/72.300
.
25,946
propertyA—~A
idle
and
67,056
.
(net)_„
less income
profit
Dividends
was
$3,549,502
59,052
2,723,651
.—
$935,937
1940
1941
$3,490,450
sales
sales
65,700
incomeA.AvL-La'--'. $1,724,908
Other
for
•
...
1942
allowances)
15,989
Miscellaneous expenses,
It
Ended
4,255
Bond
for
$1,068,169;
$4,308;
accounts
payable,
cus¬
expenses, $228,831; accrued real estate,
local
: '
income
Total
(less
receivable
inventories,
*
Sheet, Dee.
and
31,
hand,
on
1942
$416,907;
U.
8.
Government
accounts and
reserves
assets
notes receivable, $1,170,424; inven¬
for possible losses, $1,564,865; investments,
(net),
$2,334,225;
$6,158,572........
deferred
•
charges,
$66,730;
-
'
Gross profit on sales
Selling
and
profit
operations
—
318,299
$390,931
$347,687
$166,782
3,082
171
$350,769
$166,953
income
Total
income
Interest
and
other
charges
295
profits
Net
__
paid
$164,057
$216,353
$103,281
98,949
74.954
:
Note—Earnings
stock'amounted
30,177
to
per
common
$1.84
in
,
Liabilities—Accounts payable, $399,945; accrued wages, taxes, commissions, etc., $201,995; provision for Federal income and excess profits
taxes
and State income tax, $1,146,949;
provision for contingencies,
$200,000; accrued interest on funded debt, $33,019; sinking fund pay¬
ment
due
1,
Apr.
1943,
$65,000;
contract
advances,
$266,614;
funded
debt, $815,500; capital stock (83,832 shares, no par), $2,125,050; capital
surplus, $1,348,950; deficit at Dec. 31, 1942, $444,450; total, $6,158,572.
—V.
157,
p.
174.
ex¬
;
income
Dividends
33,494
130,360
92,791
taxes.
4,056
231,269
Federal corporation income and
cess
$485,081
371,459
$395,621
from
$719,146
375,867
———,,
expenses..:
$766,799
4,690
general
share
1942
and
on
the
$2.16
99.385
in'1941,
shares
of
'
.
2.1
Operating- profit
1912
U.
$563,123;
accounts
$518,485;
>
equipment
payable—bank,
property
p.
of
it
may
March;
.
Storkline Furniture Corp.—Earnings-
Cost
stock
states that this company has accepted
decision'Of Circuit .Judge. Ifa A, /Hutchison fit
the Tampa Utility Board's order reducing
fixed
into
than
of
,
Net
deposits
155,
meeting in
convertible
of
such
calling
moderate
a
considered,
,
President,
sales:—
"Cost
$70,000
income,
excess profits and capital stock,
taxes, $696,427; miscellaneous accrued
liabilities, $2,300; reserve for loss on truck notes discounted, $33,481;
preferred stock ($10 par), $570,456; common stock ($1,par), $32,516;
capital surplus, $119,245; earned surplus, $853,687; total, $2,553,551.—
V.
being
of the largest producers of radio
war
the
rates
put
Other
'
Balance
notes
$32,639),
Liabilities—Note
tomers'
Other
1941
steps
Taylor-Wharton Iron & Steel Co.—Earnings—
Net
$2,553,551.
Net
duty with the armed services.
"After
Provision for
property,
1942
in
Hart. Charles WV Baker Jr. of .WilmingtoU, Del., and Paul O.
Buckley of New York City have been named directors.—V/157, p, ' 350.
$241,491
due from
finance companies on
discounted
truck
notes,
$24,526; prepaid ex¬
penses, $8,657; due from U, S. Government—post-war refund of excess
profits tax
(est.), $8,900; investments, $3,508; property,
plant and
equipment (less reserve for depreciation of $304,272), $158,113; total,
Discount
Directors—Earnings—
1942
amounted
of
necessary
Taylorcraft Aviation Corp.—New President, Etc.—
200,398
$315,726
in
of
the further expan¬
make
$441,889
658,880
1941.
1144.
Earnings for Six Months Ended December 31
per
depreciation
for
$200,070;
notes,
Sales
Harvey A. Gotschall of Prescott & Co. and Myron H. Wilson of
Wilson, McBride & Co., both of Cleveland, have been made directors
of this company, according to an announcement by Dr. J. S. Reid
President.
They
replace
Edward
P.
Prescott
and
Ellsworth
h!
(-Earnings
$476,000
Consolidated
Assets—Cash
Net
"Net
of
$17,174 in
was
•
tax
profits
excess
and
will
year,
Mr.
•
-
the
of
ratio
stated..
one
according
Welder Co..
17,487
••
$974,606
,
expansion
upholding
possible,"
Tampa,
$424,403
12,708
—
pay¬
rapid
.
year
Years
Standard
the
and
as
stock (par $25), $4,833,300; surplus (includes $49,380
of par value over cost of 6,668 shares of
treasury stock, $1,401
total, $8,728,010.—V. 154, p. 438.
excess
959;
—
...
the
Associated Press dispatch.
:
/
"We
have concluded to accept the decision of Judge Hutchison,''
said
Mr, Knight.
"The money held in escrow will be distributed
771,652
; A————————
Federal
1941.
personal
$1,000,000),
$156,332;
common
$8,728,010.
$96,666;
taxes,
C,
investments, $811; plant property (at
$5,781,379), $3,244,346; deferred
depreciation,
total,
(net)
to
the issuance and sale of
one
Calendar Years—-
193,332
1
building loans), $24,880;
of
rates'30';/,
i
$1,196,055
815.485
V
$858,418
(less
inv.
$1,777,383
AAA/«AAAAAAA~A,——
Note—Provision
1942
$3,011,046;
income
income
Net
bad
30,
inventories,
■
19,818
$961,898
totaling
quarterly
to set up ample reserves for post-war
enjoyed/ and
Knight,
City
More
A* A---A A.A A-———■
to holders
1
dividends
four
for
cents
25
volume, consideration is being given
be deemed advisable in order to provide
funds needed to finance this war produc¬
at: tlieir
incandescent
"appeal
Panama
will
—
of
Apr.
paid
of
books
the
proposal
conversion
has ever
O.
.
$1,176,236
—
stock, payable
Div.
reserve
dividend
Tampa Electric Co.—Accepts Rate Decision—
3,918,909
$1,765,241
w—
■
..Net" income
for
1941
193,332
$765,741; accounts receivable
Assets—Cash,
$1,534,018;
Sept.
profit
"Includes
AA-.*.'•''A
Sheet,
expenses
required,—
earnings a
consisting
oh
shares
outstanding
and
Peter
.
$5,095,145
5.163,217
profit-————
gross
,1942
quarterly
a
consideration is. the
under
present
a
without
of
-
leading
a
A—$837,084
share—
Balance
;
$6,928,458
proposal
largely engaged in
sales of traded and repossessed
on
Miscellaneous
350.
p.
outstanding——a.—
common
/■
V:
>AJ 1941
__
largest casualty and
totally-owned sub¬
Canada,
1942
——
:
.
stockholders
to
was
350/'
p.
$60,000 In
is
1942
Is
the: necessary
83,796
and
tax
1,
A-iA———*A-
—_i.
to
:
is
its
Sept. 30—
profit
—_
-—w
amounted
7
that owing
through
stock
common
and
escent
.-
record
•
of
James
in
Years Ended
parts—
1942
in
profits
'
from
stock,
company
funds
company
•
Net.
Standard-Coosa-Thatcher Co.—Annual ReportNet
and
period
may
the
taxes,, it
maturing
.
and
and
Toronto,
157,
1942
«
trucks
new
profit
General
securities
the previous year-end.
the
in
Pilot
underwriter
of
over
of
profit
$29,226,396
and very liquid
market. basis of
short-term
the
at
A
12,142
year-end to $25,273,351, or more
than the total liabilities of .the company excepting capital funds,
years
Co., Inc.—Earnings—
goods sold.—,uAAA
$153,000
the company
1942
capital
enable
This
31,. 1941.
improved
an
bonds
Gross
outstanding.
Surplus
$10,390,752 at the year-end, an
to
of
investments
Government
three
that
over
of
Gross
shares
common
sales
Cost
dividends paid of $2.50 per share, and surplus adjust¬
in an increase in stockholders' equity of $1,315,172,
ments/resulted
or
Years Ended Oct. 31—
Net
capital
•
this
for
excess
eommon
orders
which
mated
share
of
March 2 and June
.
to
declared
announced
war
working
to
company
/
(Including Subsidiary, Sterling Motors Corp.) /
share, for Federal income taxes, leaving net of $1,469,522,
or
$8.35 per, share, an improvement over the 1941 figure and due to
excellent underwriting results.
Common stock dividends of $439,854
were paid during
1942,
The year's operations, after revaluations, proper
of
$4,222,486,
was
.
.
per
holders
to
1
and Dec, 1, 75 cents eachv—V,
1
Sterling Motor Truck
shares
profit
shares^ of common for each
slrare. of preferred, and is.callable at $46.
....
;
^Although final -earnings figures-for 1942 are not yet available, pr,c/ liminary figures indicate the best net profits, prior to taxes, that the
company.
underwriting operations amounted to $2,317,922,
$402,100, fvom which was deducted $1,250,500,
or
and
the
in
..
gain from insurance
$2.50
423,014
net
1942,
taxes
aside
set
double the
steps
larger
submitted
in 1941.—V." 157/
536,184
Payments during 1942 were as follows;
cents
95
writings, the
The year's
1941
the
on
€.
was
l$13,178
Nil
each.
current
possibly to
various
stated,
.
146,248
•
Sterling Drug, Inc.—75-Cent Common Dividend—
Report—
Bowen,
1940
'
S$l,297,345
Products, Inc.—Reduces Com.
5
and
common
also
company
amount
••
Standard
1941
1942
tOn
30,
Federal
During
on
cents
Providing-such
649.209
.
_
173/
against
as
figure.
amounted
for
Feb.
19.
share
which
tion
$36,718
taxes
:
"Shares
p.
operation 44 stores,
adjustments,
$45,286
Total
common
$1,283,798
2;.',
on
Mar.
of 3IV4
1943,
to
■
A
—
stock
Increase
$8,565,856
business, particularly during the past
has
surplus, $931,047; total,
$1,050,000;
$36,452,353
Surplus
taxes,
1782.
p,
113,980
25,494,347
payable
Reserves
(trade—not
royalty,
fee
•
1942
$9,849,654
taxes.'
Federal
the outstanding
on
per
sion
10
102,117
'A A,
for securities, purchased.:—__
Other accounts payable
J.
$2,035,904;
reserve),
its
$4,456,402
...
28,269,900
w__-
_A—AA^-LlAI'
land, buildings, machinery, equipment,
furniture, fixtures (less reserve for depreciation of $545,511), $379,712;
goodwill, patents and trademarks, $1; deferred charges, $69,694; total,
tories
receivable——.
interest
Liabilities—
$927,467;
Up 15%—
-
Nov.
.
adjustments,
record
The
1941
68,448
taxes
provision
directors
ments
$8,011,888
_—;
Total
1942
81,
Oct.
31
Dec.
—
and
interest
and
'
§Revised
ended
share.
a
350,
p.
share
per
$148,248
the
120,000
$1.59
—1
...
Balance
Consolidated
Sheet,
income
tLoss.
$9.98
No
$1.25
Balance
receivable
Securities
$931,047
—
$4,893,480
1942
Dividends
Surplus
101
■'■•vA/,/.
;
(Calif.)—Earnings—
Sylvania Electric
•
capital
:
banks
in
.
any
depreciation, .intangible, development expenditures,
leases, properties abandoneed,'and in 1941 after
months
12
to
157,
of
Accounts
will receive
and
/
Federal
for
post-war
Assets—
Dr9 96
(miscellaneous)—.
of year
Consolidated
693,477
1941
surplus
Charges to
1940,
at
undeveloped
the
1941,
"Loss.
$238,565
profit from operations——
1,
payment
share_u.^_^^,AAAt-:,., $2.38-/-
■
Note—Federal
3,262.190
at
per
$25 par.
equal
V.
A-AA—
declared
-———277,945
for
$293,000.
<A.—i.——
—
Surplus
$516,510
—__
(estimated)—-:
taxes
bonds
—AAAAA $1,007,034
depletion,
of
provision
•
Net
Chestnut
called March
542.
p.
Co.
profit
rents
sales of securities, determined on
the cost of specific certificates
dividends
Cash
to
the company had in
155,
5'/o
called
Payment
"
$1,995,146
20,430
stock
Federal
1943
earlier.—V.
year
been
1943
'3 Mos. End. Nov. 30—
-
profit and miscellaneous income-_A~ A——. $1,622,655
Gross
referred
-——A..——
Jan, 31,
a
have
9981)
No.
>
said redemption, date,
1943.—V. 156, p. 701.
1,
20-year
at 101 and interest.
Co., trustee, Broad and
numbered 9981
Sun Ray Drug Co.—Sales
1941
1,558,687
—
,A_—
—
Net loss: from
Bond
Called
fund
1943
Trust
above
present
may
tEarnings.
for the yearj.—
year/
lexcept
March 1,
Girard
the
sinking
mortgage
Fiscal Years Ended Jan. 31—■
Charge to capital surplus resulting from repur¬
chases and sales of treasury stock during the
.
Sport Products, Inc.
of
Net' sales
capital
beginning of year——
income
real estate and personal prop¬
-
assets
stock at
Net
1941
$3,162,948
1948
as
at-
prior to
For
$1,402,716
January—
—
157,
due
made
March
to
1,367,203
1941.
Adjustment for prior year tax accruals—1
Change in unrealized depreciation of securities.
sales
time
.
95,686
36,369
be
Holders
187,607
..
—
Net
bonds,
first
Philadelphia, Pa.
Bond
remains" outstanding unpaid; .'
$1,942,065
104,397
174.402
..
—
year
Surplus
2140.
—V.
$394,168;
investments,
$48,421;
Clothier, Philadelphia—Bonds
&
outstanding
Streets,
.
1939'
the
redemption
will
1940
Spiegel, Inc.—January Sales Off 55.7%—
of
of
Superior Oil
ration, on Feb. 8 was elected to the newly-created position of Executive
He had been a Vice-President and director.—V. 156,
Month
Strawbridge
;
162,370
Comparative Statement of
Vice-President.
p.
inventories,
buildings,
■ taxes,
$235,758; capital stock ($10 par),
$99,687; earned surplus, $368,442; Treasury
Dr$82,581; total, $1,769.858.—V. 156, p. 615.
shares/,
'
Dec. 31
1942
of Howard Kellogg,
son
•/
•
provision of $105,000 for estimated Federal income tax and
provision is believed necessary for Federal income taxes
no
the
for
Ended
New Office Created—
Howard
bad
$245;
profits
excess
(10.615
All
1941
"147,199
income
dividends
Cash
has been
26
receivedtaxes
__
Spencer Kellogg & Sons, Inc.—40-Cent Dividend—
A
$215,005.
and
stock
.
Corp.—Earnings-
12
Management services160,560'
Other expenses
41,190
per
Net
stock
int,
for
and
Divs.
$$11,234
$5,812
share..-,
$0.42
$0.31
Nil
Nil
"After charges and provision for U. S. and Canadian income taxes,
tOn 900,674 shares of common stock.
tLoss.—V. 157. p. 350.
,tEarnings
,
for
(miscellaneous),
insurance,
land,,
..
$1,000,000; capital surplus,
$213,-
•
„
1942
1940
cost),
for
State Street Investment
1941
total,
$203;
(at
jgold
outstanding.—V. 157, p. 261.
1942
securities
payable, $134; accrued taxes, $4; common stock
capital surplus, $186,985; earned surplus,
cents), $24,487;
total, $215,005—V.
Sparks-Withington Co. (& Subs.)—Earnings—
G Mos. End. Dec. 31—
marketable
dividend receivable in stock,
772;
;
Listing—
The
life
$7,682;
.
reserve
erty taxes, $32,228; unemployment and old age benefits taxes, $10,594;
accrued
commissions, etc., $11,937;
reserve
for- Federal corporation
$27,710
»
in bank, $1,030;
Assets—Cash
"Balance
officers'
of
expenses,
Liabilities—Accounts payable, $93,794;
$912
—
sale of investments charged directly to cap.
on
$868,172
$234,088
—
-—A
for year
Net loss
Loss
Net
value
prepaid
-
(less
.
Total income
366,688
-
1942
machinery, efc.
Aless reserve for depreciation of $438,932), $741,887; other assets
(including post-war refund of Federal corporation excess profits tax
of $4,489), $14,698; total, $1,769,858.
$1,234,860
84,260
——
interest
surrender
$193,000;
30,
$255,184; account receivable
receivable,; $483; merchandise
$3,000),
accrued
Inc.—Earnings—
Account,
of.
debts
.
Sheet, Nov,
$114,089;' accounts, receivable
Assets—Cash,
.
Standard Utilities,
Balance
1
-
1422.
p.
Expenses
Gross
Monday* February 15, 1943
capital
Texas Gulf Producing Co.—10-Cent Dividend—
A
dividend
stock
no
Similar
June
14,
par
of
10
value
cents
per
payable
share has been declared
Feb.
distributions were made on
1941, and on June
26
to
Feb.
holders
21
and
of
Aug.
on
the
record
28
15 and Dec. 14, 1940.—V. 156,
last
p.
common
Feb.
16.
vear;
011
1783.
\
Volume
157;,
Number 4151r;
;
THE COMMERCIAL & FINANCIAL CHRONICLE
.
Te'x-O-Kan FJonY Mills Co.-^Accumulated Dividend—
,
Tlio"
directors" have 'declared,
dividend
a
of
$1.75
per-.share
uyv Statcment of Surplus, Period Jan.
•/-
Capital, surpfus:
on
|
Dec,
io
31,
UM3
.United Merchants
■
&
Manufacturers, Inc,
(&
Subs.)—
1942
1941
1940
$2,379,000
$3,122,000
$1,020,720
600,000
699,653
Earnings—
Balance, Dec, 31,. 1941...,
___!
-cumulative, preferred-stock, pay$23,079,325
able Mar. 1 to holders, of record Feb. 15. /
"Ejcepss of cost over stated value ($25 per share» of 1,360
Like: amounts were dis¬
bursed oji Mar. 1, June J, Aug.- 1, Sept; 1 and Dec; 1, iy42. ' Ai'resir-1
phares preferred, stock repurchased and retired
i.
54,266
ages, after payment of the dividend'just declared^ will .amount .to".
"'Total__7i—
$1.75 per share,, it is said.-*-V. 156, p.
$23,025,059
519.J
; '
'.J
, f./,
/'
Iiroome and Profit and Loss Account from
account
647
of accumulations -on/the.\77
'
6 Mos,
*Net
End. Dec. 31—-
profit
Shares
of
_____
capital stock
Earnings
...........
;
($1
par),__
share_..___.,_..r_.,
per
537,996
$4.04
$3.53
$1.70
,
Jan.
,
Balance,
"Tobacco & Allied Stocks, Inc.—5(DCent Dividend™,
A
dividehd of
.stock,
no
£0
cents-per'share has been declared On-the
1941......
abovei.j.j
Net. income.,
•
(as
sales
loss
on
of
....
Federal
950,489
..--i..-.
2
Dr938,895
basis
<
1,458,903
011'
Dividends
cumulative
preferred
stock...
1.^,.
-
Traux-Traer Coal Co,—Listing of Additional Stock—
.'Tlie;-NVSE ha>s .authorized
stock
tno
the
official
pari,, upon
listing of
notice-of
shares pf; Central
Barge/Co., .making
applied for 540,0/8 shares,
•
stock
Dec•/9,
1942,
of,,
-stock
standing
120,000
f erred
stock.
shares
of,
shares
of
of
stock- and
common
V
-
-stock
of
the
•
Barge
company,
Sheet, Dec. 31,
Dee.
on
31,
1942,
was
total,
Mr.-
.
.
loans
due
Sept'.
30,
1944,
2'i
interest
per
$5,900,000;
annum,
f2i
$4,
For
each-share of
principal amount
$5
of
cOmpiim.
,
"The
notes
the
of
company to
be
above exchange transaction are to be
ahd
will mature 10 years
Issued
dated
in
connection
about. Jan.
or
on
1,
•
of
sinking fund "in
a
dividends
received
stock
common
by
purchase
company's common
stock,
for
the
each
'.said
share
of
at
cash
a
68,800
the
to
cost
Barge-company's
shares, of
stock
.*1 No changes in
Co.
are
"'
■
A'/::''
-
/
fund
class
fund
class
B
Union
•
\
'
•■4-
Net
sales
Cost.
Of
;
A:;';//',77
A
8.83
.50
B
5.00
.30
4.94
five.,
and
Taxes, other than inc.
and
.profit
Other
general
expenses.-
•
profits taxes.
excess
Interest
328,259
;
for:
Federal
Va
dividends:
6'^.
of
Assets—
Balance .Sheet
:
Total
receivables,
receivables.
Total
Total
less,
reserves
for
losses
on
"'1
investments
,
734,199
.
$9,947,124
IJab»Utie!fc-r
■
Accounts
j_._v.i--—'
,
-
..
J__-V-t.-"
Noneurrent liabilities
373.900
Earned
surplus
3,846,944
1.333.088
Total
2,262.940
•
I'.
the
Air
to
The
Dr44,967
ended
Corporation In its annual report to stockholders for
:
■{
v
.
March
usual
Stores
1942
board:
division
new
156,
p.
for
the
1,100
$163,108
Interest received——
Fees for
,
1,258,816
dividends:
inv., etc., services
-Taxable securities
divs._
$151,202
157,
351,
p.
electric
1943
kwh,,'or
on
record
/
I.
10,088
.
U.
G.
amounted
income
-1——
Expenses
nterest
~-----
—
faxes
Net
-
income
dividends___.
'referred
$1,439,240
$1,662,169
$1,547,889
the
at
election
R.
of
United;
100,000
annual
stock¬
meeting
v'!/; C
of
the
Brown,
.-.'/
following
assistant
director-,
-
-'Total
Feb,
now
closed
in
after
8
the
:
7
system companies for the
week
132,321,970 kwh., an increase oithe same period last year.
voluntary
proceedings
before Richard
goes
the
to
Commission
for
its
For
Years
Ended
Dee,
of
action.
182,553
183,05$
394,359
-
282,765
283,000
Net
49,778
68.876
$1,032,289
$808,737
...
872,850
.......
:
'
*1941
travel,
ax
surplus—
$101,504
$295,385
$159,439
91,920
deducting
51,705
1,501
——1
1,403
124,976
$18,541,013 $23,779,091
office rentals,
exp.,
suppl., etc.
732,448
inconie
on
$5
on
k
Pennsylvania
State
income____:._
from
307,827
1,090,197
361,590
416,663
taxes________
'$16,083^005 $21,028,670
income
263,697
559.
193,484
$15,819/308 $20,835,186
balance
dividend
common
726,881
228,997
__"$15^092,427 $20^606,189
pref.
stock____
stpek-—
Income per share of common stock—1
figures restated for comparative
p.
935,734
333,343
1,030,627
1
taxes
income
...*1941
$2,968,231
of
$2,673,249
financing
38
238,756
$65,671
$2,390,772
expenses,
$30,461,
$1,153,321
write-off
of
advances to certain subsidiaries
operating in
excess
of
(less estimated
profits tax
post-war refund
subsidiaries
$279,063
:
operating in foreign territories of
1941; $219,177 in 1940, and $274,111.
in
'
-
.
the year
the
signed
company
.
its
and
company
,
■
,
subsidiaries
sales contracts
more
amounting to
revenues,
from
set
aside
out
of
world-wide
than
in
$25,101,507,
operations
three
any
were
years
previous
more
year
than
Total
ago.
the
income
$39,177,488 represents an increase of $8,893,965 for the year,
.'v. Foreign
business .continues, to increase, the gross revenues for the
year just closed amounting to $M,375,981 or 35.9(4 of total revenues;.
the
In
1941
fiscal
in
revenues
that
they; amounted
year
to
$11,275,028
or
37.2^
of
year.
""Comparative Consolidated Balance Sheet
■;
-"4/''/V
iOct. 31,"42
$6,602,694
U.
S.
Treasury
fAccounts
cert if.
and
notes
of
indebted.______——
recejvabie____
Unliquidated advances
to
Nov. 1, '41
.
.
$4,437,080
48,000
;
1,682,925
1,014,244
producers and advance
23,341
Productions
in,
but
chgs.
not
to
released---——
2,056,996
and
rights unprodueed
by American banks
us
133,294
120,794
(?ecufity_//_;ri:'
in net assets of subsidiaries—.:
wj"_i
368,28)
1,973,041
§ Fixed assets
Post-war
refund
of
excess
profits
tax
(est.)—
and
names
goodwill-
200,501
133,324
666,609
132,320
■/
41,110
v,
496,750
2,039,229
214.001'
40,285
66,953
156,847
152,230
86,380
115,386
137,501
—
J Total
,
50.000
Investments in affiliated conn>aniesL^/,._{.;__-i^__:
Deposits on leases, ,etc.r
Prejiaid rent,, taxes, insurance, «tc,w._4_,_ir'/;Aj:
Unamortized financing expenses—--
Trade-marks, trade
5,437,247
261,97)
619,455
accessories
INet equity
1,800,864
5,514,M7
released
Scenarios
Cash held
2,133,063
future
and supplies
Advertising
432,692
5,279,380
and
progress
productions.
Productions completed
137,501
$25,364,819 $19,450,603
Notes payable to a bank (secured
Real estate mortgage instalments..Accounts
payable
Accrued
and
sundry
participations
of
$720,000
certain
$720,000
3,064
accruals—;
/
2,929
1,797,658
1,854,680
officers
and
employees
—j.__——
Owing to outside producers and others
Owing to an affiliated 00., a subsidiary of Uni-
451,387
270,301
823,294
________
3,825,968
3,826,080
10,463,299
310,754
Corporation '-:—•—:
11,590
profits taxes
excess
~ t$658,722
$0,458
$0,722
1,904,631
'320.525
286,849
payments and unapplied collections in
respect-of
film service—
Remittances
foreign
Secured
,
4,330,600
from
subsidiary
operating
cos.
in
territories
notes
Real estate
182.243
payable
to
!
285,008
2,794,000
bank
a
mortgages
2,414,000
——_
56,982
30,043
Unsecured notes payable to Universal
Corp.—
2,000,000
2,000,000
Accounts
year_;
50,804
.76,014
payable maturing after
Amounts owing
in
ments
Reserve for
two foreign
to
which
were
Second
preferred
Common
stock
the
invest.
24,890
77
($1
cumul.
par)—
68,445
1,016,900
2,000,0)00
3,923,951
stock
($100
pari
2,090,000
250,000
3,923,951
4,774,044
258,125
1,963,071
Drl50,690
Drl83 387
250,000
—
—
surplus
Surplus
———i
_______
ttCapital surplus
purposes,
.fDeficit.—V.-157,
Premium
on
Total
*
first
—
_____
preferred stock in treasury___
1——;
Without
consolidating
panies .operating: in
accounts
of
24,877
68,445
886,600
_
cumulative stock ($100 par)
1iCapital surplus
(""Capital
sub),
written pff—
contingencies
First preferred 87
one
18,844
17,438,831
$803,160
^
v-ersal
Advance
202,347
_i__
Balance
9 $65,463
$6,562 prior ,year's.oyerraccrual ofa.qapital: .stock'
and $2,138 for prior gear's over-accrual of Federal income tax. .
4After
for
Dividends
'
Balance,
„
.1*421
domestic
■
$18,097,417 $23,412,525
147,828
188,482
fund_____
deductions
Net
874,200
374,538
496,378
**40,876
lax authorities an aggregate pf
$5,254,increase of $2,6.24,238 or more than .99.7'J
as compared
with
$2,630,426 tax provision in the year before. These taxes were
equivalent
to $21.02 for
every share of the company's outstanding stock and to
$1.77 for each ooiiar 'of net prolii, earned.
•
_____________
Income appropriated to special fund res., etc.__
Divs,
866,190
_
(estimated)
1942
.
—______
___________
operating
Other
278,667
39,373
340,748
105
Reserve for Fed. income and
HI
General expenses
168,341
$1,161,575
/
Liabilities—.
dissolution
perfunctory
a
—_•
income.
Salaries,
Net
461,925
334,467
14,424,683 111,765,964
*608,760
11*287,705.
Federal
Productions
I.
special
258,4R4
848,985
353,004
.
_________
four
jl
miscellaneous. investments-:
$1,554,972
$950 489
203,592
$1,832,325
.
Provision
Total
314,412
$3,268,879
of
to
10.7over
Provision for Federal
11,028
213,753
'$5loai,38S
.
Other
•
269,941
23,794
1,057,448
$1,628,(733.
an
The
Case Before SEC Trial Examiner—
was
company
of
output
6,
From
1.192,520
1,161,046
$2,954,467
income for payment to various
A
Corpo£
Interest
$81,484.
1,396,858
'
_
17,317
$140,944
.
1,487,173
1,453,900
$4,848,633
amortization of financing expenses of $15,731; write-off
investment in a foreign affiliated
company,
$1,673, and $270,301
participation of certain officers and employees in
profits.
664,
appointed
"
Cash
1,767,103
the
.
1939
6,2.50,256
1+Includes $711,000 for expess
profits tax.
1423.
New York,
shares
than
more
Del.
Lawrence
-
of
the
From
.1940
6,656,686
of $3,181,000.
in
revenues
36 East 67th St.,
directors
Wilmington,
/
"
fncome—Dividends
Years
1941
.
7,348,037
334,444
deductions
During
156/
Corp,—Registrar--
beneficial owner of
asks
Earnings
'
Account- for Calendar
127,436
9,0')0,656
437,757
**Includes amortization of financing expenses of
$2,161 and write-off
investments (net ) in subsidiary.'companies in
France, Belgium and
Poland, and in a Swiss subsidiary of $38,715.
dividend
quarterly
remaining three positions, but no opposition will bo
election of properly qualified owners of the common or
The .record
,
Income
123,922
of
■
Years-
426,273
120,923
$15,017.
the
166.434.
Calendar
37./.430
82,746
$8,050,239
1939,'
of
hearing
L;
Towngend, trial examiner for the Securities and Exchange Commission.
At the same time, the record on the
voluntary plan for recapitaliza..tion of the Philadelphia Electric Co. (U. G. I.
subsidiary), was closed.
Thjs proceeding. was consolidated by the Commission with that of the
=-
Deo.
402,966
1
-
ft Includes
the
proxies from
in
3
stocks."—V,
Feb..
U.-G.
31, 1941, were $23,807,657 and on-gept. 30, 1942, were $24,Net assets on Dec. 31, 1942. indicated en a '-set coverage qf
$122.07 per share of preferred stock and SI.28 per share of common
stock, as compared with $101.21 per .share and 7. cents/per sharp,
respectively, on Dec. 31, 1941, and $104.73 per share and 27 cents per
share, respectively, on Sept. 30, 1942.
dt,
79,325
§Includes amortization of
financing expenses of $50,655 and provision
for loss of investment in
Foreign Theatres Co. of
479.
to the
Hearing
the
1942 shows net
19,783,773
1.A
$50,000)
in
of airplane miles.
airplanes from com¬
of
p.
preferred stocks.—V.
to elect
statement
the
S9.304.835
assets, before deducting bank loans and funded debt,-on Dec. 31, ..194-2,of $25,619,063, after repayment-of $1,000,000 of b«nk debt and retire¬
ment of L360 shares, of the company's own
preferred stock.-'
Assets
69,860
$27,677,628 $23,878,868
16,132,600
16,355,233
14,377,176
$8; 444,683
$210,135
were
United Gas Improvement Co.—Weekly Output—
./
Tri^Continental Corp.--Annual Report--'.
63.207
,
Air
in
.
559.
-Earnings52 Weeks
expenses
,'.f/iIncluding profit
number
number
cents; and
and
as
company
Cumberland
The
•
25
common
to -.United's
persons
2,035,342
Dr3,907
$9,947,724
-
157, p.
of
is soliciting
for
12,746,318
-V.
in
United
39%
increases
These
revenue.
the
1942
revenue,
Chicago, and Mr. Phillips..:
,v"The?e RQinuiees, if elected," the statement declared, "will fill four
of the seven, positions provided on the board
by the by-laws of the
corporation,
It is not- intended to vote this proxy for the election of
1.938.088
44
_
during
passenger
i
3,846,944
53.090
stock," - at/ cost—_ Jv-v.v__ j-_ j'v~•
.
of
.
,490,900
'
Subs,)
Oct. 28/39
accessories,™..
tincludes
share
per
United Engineering & Foundry Co,—Secondary Of^
fering—Mellon • Securities Corp. on Jan. 25 announced
the offering of 6,000 shares of common stock
(par $5)
had been sold and
subscription books had been closed.
The closing price of the stock on the Exchange was 28,—
V. 157, p. 479.
866,607
889.175
;
pfd- stock (p;>,r $ 100il_.
convertible pfd, stock (par $100)ACommon stock (441,278 shares, no par).
Mr.
President
$39,177,488 $30,283,523
•
Raw fi m
504,435
u,i
decrease
of
that
in
military duty.—-V. 157,
lists himself
this
preference
$224,487
convertible
'•Mi't
Capital surplus
express
16lv;
a;
chemicals
the
made
$9,574
909.0:2
in
Cigar—Whelan
proxy
the
any
$9,304,835
316 397;
payable
expenses■■
treasury
>
,
„
cents
War Production Board; Arthur G.
Logan, attorney, of Wilmington, Del.; T. Eclwin Quisenberry, President
386,249
1
.
ll'/f
152'/
dividend
stock,
of
nominees
of
27,000.
a.i,
Notes■. payable
r/;
who
The
742.280
5,861,132
-
Total
Accruei
Yv,
holders
1,189,338
717,223.
.
and
advances;
742,280
Coal properties- and equipment fnet)—5,961,971
Prepaid expenses and. deferred charges^—t-.'.;: •• 369,231
Goodwill, trade names, etc.-^J—
1
•
N.
of
1,343436
announced
of
headed by Randolph Phillips of
group
common
-
•
inventories.
.
•
50
and
$381,611.:
;;
of
United Corp. (Del.)—Group Seeks Proxies—
;>
2B582
27.000
dividend
a
The Chase National Bank of the City of New York has been
330,638
$76«.306
;
'
declared
withdrawal
Registrar for the
VV'.'/
v':'"Oct. 31/42 Apr.'30,'43 ',
S. .Government
and
also
is
foreign
countries, $235,240, write-off of assets in enemy and
enemy occupied
fpreign territories, $70,745, and participations of certain officers and
employees in profits, $362,314.
per share have
been declared on the common stock,
payable Mar. 15 to holders of record Mar..■ 1.
Four- regular
United
/
5,509
.
Ca sh
(&
46,471
INet profit
cents
$]',
scheduled
Consolidated
Munson
48.
p.
53 Weeks
*Includes. amortization
2142.
p.
quarterly payments of 25 cents each were made during 1942.—Y.
p. 1783.
7
?p'VA7z .:-;.7
3,180'
10,420/
and
despite
extra
25
A
176,340
.
156,
United Aircraft Products, Inc.—25-Cent Dividend—
$845,243
A'-V.,.'T';?2V
series-^.-w.
5
Patterson
owing to
An
v: 215,000
.
$365,684
.
dividends
-i":
,
(
executive
bldg.
revenues
of
Qther
were;
:
287,000
290,000
,
6/51.—V.
increases
mercial: service-for
47,574
,
124.500
.
" series
„
U.
14,955
3,000
surtax.
profit for period^
Common
.
and
A.
revenue
recorded
552,318
"",'164.127
76.874
.
taxes...;
profit's tax_..,...^.
excess
Preferred
5
income
normal income
Federal
:
j-j.:
State
W.'
f
"flown,
$2 116,763.
249,147
-A-A
----
charges
Provision
A
Feb.
on
recorded
mail
...{-238,981
•'
class
directors
Pres.
898,558.
•
$1,124,160
Depict ion
Electric
"
$1,817,782
A.--'.A..A'wp.->.2:
C
the. outstanding .1,500,451 shares of capital stock, par
$5,1 payable
1 to holders of record Feb. 19.
This is the first payment since
Dec. 22," 1936, when 20 cents was disbursed.
par
income
class
fund
United Air Lines Transport Corp.—Resumes Dividend
'. )■ "Lines
109,690
Depreciation'
comm.
interest
Income taxes
on
:
$1,014,470
income
Net
&
The
*
Total
bond
---Revenues Show Increase—
1942
.171,107\'
...
_A"........
1
&
Minority
Electric 43/2/53; Associated Tel, & Tel class A 5l/a/55; Inter¬
Hydro Electric 6/44; International Tel. & Tel. 5/55; Standard
national
$8,985,457. •:
413,008
.
Union
the
company
$24,740,393 $18,655,100 $17,177,535 $14,535,801
13,903,464
11,037,073
9,927,610
8,760,703
487,160
438,143
502,623
503,034
_—________
■Intere/t,
9.16
class
in
Mr.
of
President.
this
Nov. 2/40
Profit
11.53
class
fund
all
157,
elected
of
52 Weeks
Other income
Mar.
Anr. 30,
of'$4,596,155'
administrative
11.47
fund
holdings,
Chairman
been
Nov, l,'4i
Operating profit
5.46
stock
Year End.
</•
•."•/
1942
•
.48
stock
;
sales.-..2,997,572 -.,'-5,940.859
Selling,
Net
'
V
OO. 3t,
-
-
4.69
com.
largest
-
15.74
fund——
stock
elected
has
sales-
Gen. & admin,
expenses;
domestic and foreign
$20.58
1.00
C
1511.
Associated
.V'7'.
C Mos. End.
.
■
preferred
class
$0.97
14.72
com.
Gas
'y7'-7/,,.-f
/ 7,
Period—
.
fund
$20.04
'.The
Thompson,. President, and A. C. Ingersoll, Executive Vice-..
of Central Barge Co.,
were elected at
the meeting to the'
Truax.-Traer board of. directors.
:r
„
12-31-42
,
Union
A.' M.
'
bond
compared with $309,000 In
Oct, 31,'42
and
<fe branch expenses,
domestic and foreign.
Asset Value
'
in
as
Sell.
Pershare figures
in 1-942
annual
an
$3,050,000
p.
156,
President
Inc.—V.
accessories-
Theater
Union
...
the; Central. Barge :
Consolidated Income Account
Cost
Dividends
12-31-41
Av__i—
bond
President
■,
Co.,
_
'•
1942,
been
Haskell
formerly
of fi'.m costs, etc,
■■■•
previous.
year
31,
Executive; -Vice-President.
investments in and
;
:■,
a
Asset Value
bond
■>.<)>.
present management or .policies, of
contemplated.
$967,585
'
Union
Co. was established in 1938 and present annual
volume
of
business- is,
in
excess ..of
61,500,000,
according
to 'the --f
announcement, which added that its operations, have .been profitable
■,
of
Total
,.
; The Central Barge
r
with
L.
was
income
classes were:
Union
"
.V;-. 1/:.••'
the
has
Glenn
Ended—
Theater
investment company" with six regular
net assets
at Dec. 31,
1942 of.
Union
warrants.
since-its-inception; ;
was
Foreign
aggregate
:.ciass—...v.
.
by
covered
'-'regulated
reports
;
Barge
50 cents
of
company
common,
the
stock,:
$1,864,469 .compared
of
company. on
warrants, covering
of
Dec,
year,—V.
Domestic
Amor,
.-'•'V
A,-;
company,.a
•classes
an • amount
the
This
,
.
equ'al to sinking- fund monies
ail the Barge company's
preferred stock owned by the company; and will be-'secured by a" pledge '
of all of the stock of the Barge company owned-by/the Coal company..,
.'Concurrently with the exchanges and as a condition thereto, the
company will acquire from the .stockholders of the,Barge company
and
Munson
and
rentals
Sales
7 Union Trusteed Funds, Inc.—1942 Report—
annum
benefit
:'.r
1943,
will bear interest at rate of 4 Vg-tf
from date;
2047.-
p.
on
52 Weeks
146,
payable semi-annually,' will be fully registered, wilf be
redeemable' at- any 'time on 30 days' notice at the principal" amount,
thereof plus interest. to' the 'redemption date;' -Will be entitled to the
per
S.
Reduction
Period
Union Electric Co. of Mo.—North American Co, to Hold
Common
Stock—See- North
American
Co.—-V..
,
the
with
ended
preceding
'
v
,.
Air
Fpm
funded
.
stock of the Barge company:
%-share of common stock of the
and
profits
Consolidated Income Account
,
common
par
notes
profits taxes, calculated
post-war credit), amounted to
Universal Pictures Co,, Inc.
debt," $2,469,000; $6' cumulative preferred stock •• i 141,380 shares, no
.V
•••-,- ./"
pan,;$3,534,500; common stock ($1 pari, $2,429,318; surplus, $24,634,-stock; series. 1 ,of- the 977; total, $39,506,538.—V. 157, p. 174.
Barge company; $100 principal amount of notes of the company.
-The exchange'rate is as follows:- '
.««'
(It-For each 2 shares of $50 par- preferred
excess
excess
to
dividends
payable, etc., $320,489; due
fbr '.securities loaned
against cash,4 $37,900; due for securities pur"phased; $115,244; reserves for expenses, - taxes, etc., $74,110; bank
so.
of
Munson
Haskell
of
$39,500,538.
accrued,
and
profit, the company's share of undis¬
of uneonsylithv&ed companies amounted to $319,000
months
committee
in banks, $332,414; investments ip U. S. Government
cost;.. $1,600,448;
investments
in
other
securities—at.
cost, $37,108,671; ;receivable for securities sold, $30,151; dividends and
interests, receivable-, etc.-, $104,266;-special
deposits for interest, .divi¬
etc,, $330,589;
six
period
Charles
1941.
1942
securities—at
Liabilities—Interest
income
U. S. Industrial Alcohol
Co,—Changes in Personnel—
•AssctB-~eaeh
.
dend.:,
that upon
consummation of the exchange transaction (assuming 1001/' - exchange.),
the company will own ail of the, issued slock,-of both classes of
the/
Barge- company.
'
;
../
V'..
/'
preferred
Balance
22,800 shares of common and
owns
depreciation of investments
$3,737,062 less than on Dec. 31,
or
-
out-,,
pre- '
common
unrealized
$13,339,732,
',,
-
share,1? of
3,313
Co.; (Del.IV which, now has
stock and- 4,213 shares of
Central-Barge
shares
Company-presently
of
The
common.
-".
authorized that a maximum pf 48,600s
and $554,450 of 10-year .4%7 notes be issued 7
exchange for 97>200
preferred
900
amount
total
directors
shares Of common stock
in
the.
.
On'
Surplus, .-Dee.: .;31,, .1942__v_____;^_—. $24,634,977
48,600 shares,,-of common
issuance,
in-.exchange fori,
and
effect
earnings
the
like
$1,689,918
..
Federal
and
tributed
848,985
for
Balance
interest,
$2,315,000 in 1941.
In addition to the above net
par
Total.
income
(giving
1942
value, payable March 10 to holders of record Feb. 2.i. ;
This compares with $3.70, paid oh Dec. 28, last,
year; $1.85 on .Deft; 25;
1941, and $1 each on June 12 and Oct.; 15,'.1941.---V; 156, pf 2231."
' 1 "■
depreciation,
taxes.
$2,447,309
......
investments...
'♦After
1936;
3l,
Dec.
Net
.>
common'
1,
$85,863
$25,364,819 $19,450,603
the
foreign
assets
and
territories.
and $93,308 in
1941.
liabilities
tLess
of
subsidiary
reserves
for
iNot consolidated,
com¬
doubtful
operating
,
THE COMMERCIAL & FINANCIAL CHRONICLE
648
Of
$1,083,307
in
ment
first
of
since Jan,
stock
preferred
1940/—V.
1,
156,
Central
has
RR.,
ground
on
rentals
given
and
the
that
hotel
company
offices
some
for
for relief
plan
a
and
a
years is under consideration.
The hotel's increased business last year failed to cover
of
specified
in
was
them will be made March
payment on
1,
1943.
it
Fifth
500
Wickwire
is
H.
the
A
plan
to
financial
and
Corp.—May Merge Subsidiary—
Walgreen Co.—January Sales Up 15.2%—
corporation and its principal subsidiary, Uni¬
is in preparation to simplify the corporate
the
merge
Pictures
versal
Month of January—
Inc.,
Co.,
of
structure
the
that
special
a
—V.
meeting
of
stockholders
It is anticipated
called to approve the
be
will
157,
The
involve
would
plan
borrowing
$6,000,000
of
banks
from
to
for
indenture
which
is
issue
latter
basis
Elimination
share
a
the
of
Corp.
Universal
Pictures,
would
be
prevents
redeemable
$22,50
of
Universal
at
and
102
for
the
of
all
accomplished
debt
owed
20,000
which
of
is convertible
currently
Int.
to
of
also
preferred
owned
Universal
Cooler
♦Net
profit
'■'After
1942
depreciation,
Net
$110,000
2232.
for
f$67.660
tLoss.
tAfter
taxes, etc,
income
and excess
Federal
;
profits
■
profit
156,
dividend
A
j
■
.
taxes.—V.
over
Army-Navy
stock,
the
thousands
excellence
Rubber
workers
of
in
South
and
officials,
United
'
also
Mishawaka
Hundreds
Steel
States
,
this
In
activities
mittee
of
tration
of
salary
for
Corp.
of
company
from Misha¬
U.
S.
559.
p.
Delaware
Mathieson
the
to
Jan.
on
and
programs
continue his
will
coordinate
activities
the
in
The
ended
year
Income
Dec." 31,
Income
Accounts
for
Calendar
—-V——
for
to
♦Excess of income
on
Years
Retail
declared
record
Feb.
during
and
per
$1
was
of
the
on
Like
9.
June
1942,
share on
in
for
to
$345,301
35,151
8,266
7,822
8,716
banks,
$322,402
$289,534
239,397
111,574
141,795
184,210
137,748
15,
1941,
22,
1928.—V.
of
payable,
accrued
for Federal income taxes,
$18,000;
stock
common
unrealized
&
interest
U0
depreciation
taxes,$3,955;
priority stock,
$56,755; surplus, $7,-
par),
of
general
(deficit),; $1,294,042; total, $6,326,603.—V.
market
securities
1942.
the
directors
the
first preferred
17.
lows;
V.
declared
stock and
common
the
011
Feb.
have
Mar.
156,
a
usual
stock,
dividend
of
50
cents
listing
fund
regis¬
and
payable
Mar.
to
1
Payments on the common stock during
2, June 1 and Sept. 1, 50 cents each;
A plan of
No
provision
Gross
as
1,
Bond
1,586,000
2,248,000
$4,957,000
(&
Vieana
Sugar
4, sold
a
1955, at 19V2
V. 152, p. 134.
Co.—Bonds Offered—Blyth & Co., on
block of $275,000 6% income bonds, due
flat, less Vz point to NASD members.—
.1941
1940
3 Mos. End. Dec. 31—
Operating
Operating
Net
expenses
operating
Other
1942
revenues
Total
Net
23,870
22,314
♦$363
$5,589
62,433
67,6.80
28,126
26,610
$73,269
$56,629
$46,898
57,129
34,165
i
income
$62,070
etc.--—
54,508
,
.
360,815
$20,288
profit
$7,562
——
$16,140
Results of Operations for
.
$22,464
Net
loss
Net
profit
Net
profit for
for first
for
quarter—
second
third
$962,073
789,461
635,538
quarter—
;
profit
$326,535
$299,135
6,164
2,237
$205,693
6,148
6,418
4,363
3,977
358
Net
profit for
The
Dec.
other
above
the
shows
12
months
result
of
ended
Dec.
business
31,
$538,937
$339,476
$305,735
activities
31,
,
for
$55,865
the
ended
year
1942,
after
having made allowance for depreciation and
amounting to $107,834.
Provision made for Federal
income
•tax
amounting
to $7,700.
No Federal
excess
profits tax on above
earnings.—V.
156,
p.
1696.
depletion
24,403
29,47.9
Years Ended Dec. 31—
Net
profit
1942
*$251,212
Dividends
Earnings
com.
1941
1940
$397,103
1939
$413,110
$306 660
260,000
per
stock
share
(no
260,000
260,000
1,000
1,000
$1.25
$1.98
$2.07
23,926
42,344
profits taxes.—V.
155,
p.
75,617
70,385
for
■
inc.
tax
*200,000
2,132
Ground
■
In
a
—
Seeks
Relief
from
Rent—
report
to
debenture
60,000
*87,750
and
reveals
stockholders
that
of
the landlord,
a
subsidiary
16,
10
cents
of
leave
a
share
per
record
March
Like
extra
an
of
Feb.
18,
10.
April
15,
dividend
of
$1
sharer
per
$1.50
per share, both to stock¬
have been declared, payable
amounts
■
..
Co.—Earnings>
-I
1942
1941
$778,073
$718,633
300,352
34.710
20,551
109,187
83.153
82,646
■
i
and
!
Federal-—
35,800
103,850
103,850
debt—
r-Z A. VyVV
-
14,983'
$216,948
331
302
etc.
14,103
12.922
■;
$63,907
$99,875
,';.I':
■;.
v
■
■
-I"'
t
$140,415
$126,778
48,957
excess
Balance
$101,670
$61,455
i
profits taxes,
Sheet,
20
•
20
cents
1
16
share has been
per
156,
of
record
declared
Feb.
1960.
p.
Feb.
1
a
The
company's
announcement
"Longram"
is
and
the
will
double
groups
low-rate
new
day
of
a
the
ten
the
The
10-word
"L011-
length.
also
the
:
and
15
per
6%
15
preferred
and
Sept.
were
each; and
$1.75
as
Dec.
last
stock
:'•;■;■•
;?■;
dividends of $1.75 per
share on the 6'^
$1.50
15.
follows: Mar. IS
15
$9.91%.
as
follow.s;:
and Dec. 15,
$8.50.—
year
15 $1.50 each;
were
x"---'"
;
1942
be
may
sent
of
course
in
telegram
sections
business
a
1941
$1,461,377
$517,484
181,168
173,179
30,443
29,147
16:057
25.368
111,633
expends
56,210
...
(net).
"
;
real
961
^Tl61
charges
for
*787,977
,contingencies^r._^„^ii.<.w_^?»i.
59,76!
100,000
.$238,938
-
paid
provision
Balance
$32,060;
for
profits
excess
Sheet, Nov. 30, 1942
due
from
John
$172,807
61,754
--
$643,511
Assets—Cash,
taxes.
-I'l;,
..
P.
Maguire & Co., Inc.,
$200,000; accounts receiv¬
Factors,
$359,195; U. S. tax savings notes,
able, trade, $45,653; inventories of raw materials, supplies, work in
process and finished goods, $1,012,855;
real estate, plant and equip¬
ment
(less reserves for depreciation of $1,305,869), $1,670,348; post
credit, excess profits tax, $12,906; accounts receivable
for doubtful accounts of
total,
(less
reserve
$4,039), $528; prepaid insurance, etc., $19,592;
$3,353,136.
-
Liabilities—
Accounts payable, trade, $61,469; Federal taxes on in¬
$795,000; other Federal and State taxes, $24,026; payroll accrued,
come,
$23,062;
.
reserve
for
loss
on
returns
and
allowances, $636; notes
payable, $25,000; reserve for contingencies, $100,000; 3%' cumulative
prior preference stock (par $100), $866,700; 7% cumulative preferred
stock (par $100), $15,500; common stock
(par $100), $1,100,000; capital
surplus, $2,060; earned surplus, $339,683; total, $3,353,136.—V. 156,
p. -1248.
; ' " 1
"
"
—'■"•■
"
1
■
Wurlitzer Co.—Earnings
(Rudolph)
9 Mos. End. Dec. 31—
1940
1939
$771,762
$598,314
$384,343
409,573
409,573
409,573
401,173"
$0.73
$1.72
$1.29
share_.,,__
per
1941
$367,063
stock
common
♦After
1942
I"'"
profit
Earnings
$0.71
depreciation,
Consolidated
of service in trans¬
rate for 100 words
rate, with charges for
at one-twentieth
day,
costs
$1.20,
letter
longram of 100 words will
cost
$2.40.—V.
less
or
of
the
initial
normal Federal and State income taxes, etc.
profit for the quarter ended Dec. 31, 1942, totaled
$88,144 in preceding quarter.—V, 156, p. 2232.
net
against
(F. W.) Woolworth Co.—January Sales Up 4.5%—
Month of
by
one
charged
and
to
sender
for
one
sales
as
January—
1943
.
1942
Increase
$4,495,300
$29,639,177
—
$708,052
one
—V.
157,
of
50
words
157,
p.
costs
$1.80,
p.
264.
Youngstown Sheet & Tube Co. (&
Preliminary
and
of
disbursed
Dec.
cents
Mar.
payable
25
15
during
15
and
per
to
1942
Dec.
share has bean
holders
on
of
record
the following
28.—V.
156, p.
declared
Feb.
on
the
Like
15.
dates:
Mar.
16,
for
plants
common
amounts
June
from
15,
Interest
organization,-
President,
Wickwire-
on
Spencer
Feb.
8
Year
Ended
Dec,
dep'xet. of minerals
and equipment
on
funded
normal
Federal
excess
debt
income
profits
&
&
for
other
deprec.
,11
1941
$49,415,335 $50,006,013
—
of
11.998,135
charges—
tax
-
tax
"
9,758.989
2.411,494
2.622,623
4.920,000
8.127I000
19,780,000
13.373iooo
$10,305,706
int.
$16,124,401
2232.
announced
Aviation:
Subs.)—Earnings-
the
operations-
Federal
Profit
Bowers.
Earnings for
1942
Prov.
dividend
Consolidated
560.
♦Profit
C.
on
and
speed
day
E:
regular quarterly
stock
preferred stock in 1942
Sept.
the
on
admin,
*Includes
longram
is the practice
now
with serial
service.
The
charge
longrams will be 20% more than for regular longrams.
longest distances in the United States, a full-rate telegram
words
15,
and
June
sale of
$220,639,
added:
same
basic
fast
of five words
the
as
telegrams of considerable
further
the
receive
letter.
for
known
service
new
a
a
stock,
stock
cumulative
as
serial
For
in
15
Net profit
Net
"Longrams"
declared
preferred
„——i,—
and
on
♦Net
rate.
addressee
share
per
the
arrearages on
2048.
Dividends
during
;
inaugurated
to provide
less
$5.25
preferred
the common
on
Payments
18.
1, June 1 and Sept. 3, 30 cents each;
gram"
or
of
Woriimbo Manufacturing Co.—Earnings
■war
Western Union Telegraph Co., Inc.—New Service-
additional
dividend
cumulative
>■■
also
the T,i>
on
$2.50;
p.
Selling
":"7
.
excess
(Iowa)—20-Cent Dividend—
holders
to
follows: Mar.
cents.—V.
as
a
l',r
payable Mar. 3 to holders of record Feb. 15l
dividends will eliminate all dividend accruals on
7%
June
156,
Shares
mission
the
Provision
bond
of
on
the
J 912
31,
Oct.
loans,
payable Mar,
1,
declared
on
account of
(net)
Provision for Federal taxes on income
hand
on
accrued
as
4
on
both
directors
on
Miscellaneous
$106,319; accrued wages and expense,
interest, $1,798; reserve for income and excess
profits taxes, $126,841; reserve for war and post-war contingencies,
$75,000; loan, allied companies, $16,000; mortgage bonds, 5%%, 1955,
$400,000; unclaimed dividends, $62; reserves for depreciation, capital
assets, $1,328,761; capital stock (244,786 no par shares), $1,672,651;
consolidated
earned
surplus, $385,627; refundable portion of excess
profits tax, $5,911; total, $4,132,419.—V. 155, p. 603.
Dec.
stock,
accounts of
were
share
per
Tenenment expense
24,479
———
provision for Federal
dividend
Feb.
on
accumulations
Depreciation
High
this' corpora-1
Feb.
Interest. paid'
Liabilities—Sundrj) creditors,
A
of
Discounts
14,150
Wickwire Spencer Steel Co.—New Aviation Subsidiary
holders
tion, Lucius Boomer, President,
addition
$182,190
directors
Gross: profit
(-
V/J'
75,000
victory
$13,448;
Sept.
Corp.
1 paid
dividend
26.
Years Ended Nov. 30—
.
■"'355''
and in banks, $136,359; Dominion of Canada
$65,000;
accounts
receivable
(less reserve for
$10,656), $151,783; manufactured stocks, $201,531;
raw
materials and supplies, $60,847; bottles, cases and kegs (less re¬
serve), $89,165; due by allied co., $21,842;deferred charges to operation,
$14,201; investments in shares of allied companies, $192,574; Reliance
Securities Corp., Ltd.) investments in capital stock and advances (less
reserve), $601,392; sundry loans and advances (less reserve), $97,801;
real
estate,
buildings,
plant
and
other
capital assets, $2,463,173;
were
Waldorf-Astoria
in
will
83,412
1960.
Payments
pfd.
Westinghouse Air Brake Co.—25-Cent Dividend—
excess
of
holders
to
15
on
'•
70,532
Assets—Cash
A
832.
dividend
a
Feb.
made
—
these
34,906
77,264
depree.
$1.53
on
pari—
declared
8
;
p.
$2.91%;
1,000
22,538
230 000
'
♦After provision of $603,000 for Federal and
State income and
This is
which
1943,
'
31,643
1,000
for
message,
Y.—Earnings
21,
payment of
fixed amortiza¬
preferred stock, both payable Mar. 3 to holders of record Feb.
for war & post-war
bonds,
for
Vogt Mfg. Corp. (& Subs.), Rochester, N.
1944.
1,
^
funded
on
$215,819
22,721
Consolidated
8,677
1942—
1960.
p.
■
Distributions
fees
company
$47,188
Sept,
immediate
earnings
156,
Mar.
officers.
exec,
♦Includes
7,562
adjustmenlsIIIIIIIIIIIIII
annual
Jan.
of
V.
A—,—
The
Inventory and
and
8
anticipates
1,
Jan.
on
payable
were
Feb.
on
taxes, State
The
Dom, of Can.
Provision
Res.
26,551
'
earnings
/
taxes.
Payment
337,091
20,450
ZilZZ-ZZZZS
_I_IIII"ZZ3ZI
be
332,773
preferred
506.188
shareholders
stock,
$7,374
156,
which
and Jan.
made
quarterly
record
of $4.50
one
$542,784
$805,323
3,869
__
interest
1942
———
usual
account
53,549
«
Intex-est re minority
$7,042
—2^.—
quarter
quarter———
profit for fourth
"
the Year 1942
company's
June
on
authorized
loans
1943,
1,
stock,
thee issues.
Western Grocer Co.
'
Net
334,661
$28,503
;
$381,103
also
bank
Feb.
on
earnings
The
39,856
—_
$363,164
♦Loss.
Net
1939
$27,904
profit-.
,
interest,
!
1940
record
not
Baumer Candle Co., Inc.—10-Cent Dividend—
Net' Income 1
■■■•"
equipment (less reserve), $30,341; refundable portion of
profits tax as estimated, $5,911; goodwill, $1; total, $4,132,419.
$23,507
income
Bond
1941
made
were
Interest on unfunded debt—.—
Amortization of debt discount and
expense,
1939
hotel
Virginia Iron, Coal & Coke
Co.—Earnings-
28
$125,000
$875,900.—V.
of
Income
Subs.)—Earnings—
501
doubtful
Feb.
of
$1,694,000
$481,018
income
Provision
fol¬
$1.—-
share
per
should
1941.
23,
Depreciation
$1,032,000
662,000"
j Jll
a—
profit
Dividends paid
were
cents
holders
-
each
Maintenance
Increase
$2,709,000
$1,270,479
Net
Dec.
the
with
commensurate
Jan.
distributions
:General
reorganization
has been made
1942
/
taxes
govt,
holders of record
and
50
to
1
declaration
Operation
(Kansas City, Mo.)—Sales—
1942
bonds
per
1942
Dec.
on
company
Net
—$3,263,000
contingencies
1784.:
p.
of
March
this
/'
cents
12 Mos. End. Dec. 31—.
and
debentures
sundry invest.
from
Accr'd int.
share on
quarterly dividend of $1.75 per share
both
that
1, Aug. 2 and Nov. 1, 1943, to stockholders of record April 15,
15 and Oct. 15, 1943, respectively.
regular of $1.50 and an extra of $1 were also paid in each
quarter during 1942.—V. 155, p. 609. "
;
Loss
The
dividend
a
payable
A
157, P- 480.
1
Miscellaneous income
156, p. 2047.
Van Raalte Co.—50-Cent Common Dividend—
time
50
on
common
the
share
$5.50 dividend
cents
(net)
and
declared
Wisconsin Hydro Electric
from
sinking
Nov. 30,
Breweries, Ltd.
..
Directors'
and
wholly
264.
p.
sundry
Profit
Salaries
;
expenses
6%
1943
ing sell. & gen, exp.
Excise, gallonage, sales
Total
receivable
is
May
Co.—Delisting—
convertible
Oper. profit after deduct-
$18,000.
dividends
propeller
1960.
p.
Wisconsin Power & Light
Co.—Wipes Out Accruals-^
156,723
Sheet, Dec. 31, 1942
$700,569;
Geo.
July
88.
Exchange has stricken
sales
157,
Collins.
L
Executive Vice-
Winsted Hosiery Co.—Extra Dividends—
156,
flncludes
accrued, $27,303; general market securities, $5,598,731; total, $6,326,603.,'
$73,414;
-V.
C,
President;
May 15, Aug. 15, Nov. 16 and Dec. 28, last year.—V. 156, p, 2312.
capital
—v.
12,128
of security transactions,
taxes
n.
has been consummated.
sales
and
amounts
Dec,
on
$1,677,000
!;
1940
43,373
....
156,
Years Ended Oct. 31—
1941
$260,573
year
service.—V.
January—
Combined
666
results
income
Liabilities—Accounts
Wholesale
to
of
of
&
the
The
sales
Western
■
122,317
expenses.
Balance
Assets—Cash
468,521;
holders
securities.—V.
new
28
position".
directors
Similar
'•
company
list the
'-v
■
$382,758
priority stock.:.——
provision for Federal
the
Inc.
over
sales of securs.
-The
1942, and to
8,015
♦Without giving effect
owned
to
quarter
Stock
Creveling
automatic
new
156,
par,$10,
long-term
on
of
Interest
of
as
—————————
par),
15
company's
the
announced
payments due July
Will
-
.
42,366
Capital stock and sundry taxes—
($1
$2.08
.
share has been
per
close of the trading session on
157,
$333,271
Management expenses
Corporate expenses
reserve
$2.01
Western Auto Supply Co.
1942, shows net assets
dividend priority stock.
1942
-
$2.03
$3.40
-
H.
are
724,004
receipts therefor, the common stock (no par), and deposit
receipts for common stock, convertible preferred stock (no par), and
deposit
receipts
for convertible preferred
stock.
Dealings
in the
debentures, the stocks and deposit receipts were suspended at the
the
'
the
Month of
reports amounted to $72.95 per priority share at June 30,
$75.25 per priority share at Dec. 31, 1941.
-.
724,004
deposit
that date of $85.87 per share of $5.50
The
priority stock is entitled to $100 and accumulated dividends per share
in involuntary liquidation and to $110 and accumulated dividends in
voluntary liquidation.The net assets as shown in the respective
Dividends
724,004
cents
Brothers
stock,
time
payment
$1,648,464
New Bedford, Mass.—50-Cent Div,—
each
York
New
tration
adminis¬
A• V '''%■■>
■
report for the
on
$1,595,320
721,537
payment
military
enter
announced
30
Utility Equities Corp.—Annual Report—
Net loss
to
balance
$1,613,608
•
Warren
corporation employee group life insurance plan.—V.
1
Interest
$250,000
W.
L. Jones has
been appointed Acting Treasurer
and Assistant
Secretary, replacing Robert W. Wilson, who received a leave of absence
Salary
as
standardization
the present
480.
The
667,145
Washington Ry. & Electric Co.—New Treasurer—
this
people
Corp.—Salary Supervisor—
Steel
R,
plant
of
_
and Navy officers and
Administration Super¬
■■ I/.
V"'
:
capacity, Mr; Mathieson will develop and assist in the
of
and
1,111.460
Jan.
on
directors
holders
of salary administration committees in the companies.
In
he will continue to serve as Chairman of the Pension Com¬
addition,
paid
previous
2143.
of
uses.—V.
further
and
year,
The
and
,
new
installation
p.
the
at
well as Army
attended.—V. 157,
as
appointment of A.
visor.
been
The
Co.—Army-Navy "E" Award—
production.
war
Bend,
United States
The
1,887,048
'
payable March
and
financial
last
153,159
$2,594,529
50
Propeller.
Geo.
from
202,944
138,582
10,000 people crowding into a block-long tent, impressive
"E" award ceremonies were held on Jan. 13 to honor
for
waka
206,248
325,379
outstdg.
of
production
military
common
15,
tion
Wamsutta Mills,
provision
Pitch
Bowers,
organization
dends
on
p.
With
243,152
3,972,498
—
Virginia
as establishing
any regular rate or period of dividend pay¬
adding that "it is the policy of the directors to declare divi¬
.
t$ll,929
a
the,
and
&
taxes—
stk.
com.
have
United States Rubber
income
in
ment,
J,671,712
204,024
—y. 156, p. 2143.
' .1939
1940
$3,844
interest,
for
$3,051,610
■
to
Distributions
$4,069,187
252,535
facilities
the recently announced
The board of directors
is
regarded
119,178
expenses—
present,
Feb.
$2,552,534
39,391
Earnings per share—,
1941
+$41,404
_____
$3,012,219
85,534
profits
excess
Corp.—Earnings—
3 Mos. End. Dec. 31—
$3,983,653
79,527
$7,023,586
Variable
C.
new
.The directors
,
1939
$6,944,059
: •'
&
Provision
1940
/
income
disc't
1941
operations
Depreciation
Universal Pictures
7%: shares
by
second
are
1942
income
Total
the
on
by Universal Corp.,
the merger.—V. 156, p. 1247.
under
Other
The
dividends.
common
stock.
common
$2,000,000
and
of
payment
from
Profits
Shrs,
the
'
3 Mos. End. Nov. 30—
8,600 shares, of 8> first preferred stock of Universal Pictures
at $110 a share, plus $68
in accrued dividends, which will require
$1,530,800, and $4,000,000 of 5% convertible debentures, due 1946, the
plant
and
50-Cent Dividend—Reduces Bank- Loans—
$1,136,600
(Hiram) Walker-Gooderham & Worts, Ltd.—Earnings
retire
P.
$7,501,954
262.
p.
City,
subsidiary
Increase
on
plan.
of
$8,638,554
sales
Net.
motion-picture organization, J. Cheever
Cowdin, Chairman of both companies, has announced.
1942
Y.
new
.'.I
confined
1943
this
E; C, Bowers,
Secretary-Treasurer;- and-.C..X. Collins,
Creveling,
At
E
of
of
President.
Universal
Ave.,-N.
of
Automatic
composed
Officers
stated.
was
at
Illinois.
Principal product
the $1,000,000
amended lease as minimum ground rental, for 1942,
earned on the corporation's income debentures.
No
the
nothing
and
2143.
p.
York
New
temporary, relief
period
the change of the common stock from a no. par
value stock to a par value stock of $1 per share.
Arising through
the revaluation of studio land in 1934.
.-ftArising through the retire¬
through
1iArising
the.
of
§Less reserves for depreciation and amortization
1942 and $1,040,594 in 1941.
iu foreign territories.
Monday, February 15, 1943
Corp:,-
a
new
subsidiary
witir administrative
for year
♦After deducting charges for maintenance and
after deducting
83.250,000 in 1942 and
and
vision
repairs of plants, etc
$2,000,000
for
■
contingencies.—¥.157,
p.
560.'
-
'
in
1941
-
,
pro¬
@FedFRASER