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r
1US.
LiBRAR»
TUESDAY
(Bef. U.
Volume 155
Number 4047
New
DAILY
NOTICE—Cash and
deferred delivery
sales
are
Below
furnish
we
WEEKLY
-
on
the New York Stock
Trettsuiy
[Higli
4^8,1947-52
Feb. 7
Feb. 9
Feb.
10 Feb.
11 Feb.
12 Feb.
13
Dally Record of U. S. Bond Prices
114.26
Low.
114.26
Total sales in $1,000 units...
Treasury
114.26
Close
10
Feb. 7
Feb. 9
(Low.
108.17
(Close
Feb.
10 Feb.
11 Feb.
12 Fed.
108.15
108.17
108.15
10
QUOTATIONS
Total sales in $1,000 units...
2J*s, 1952-54
Low.
New York Curb
Low.
(High
2 }*8,1956-58
Low.
102.18
102.18
Total sales in $1,000 units...
(High
103.27
103.27
Low.
103.27
103.27
Miscellaneous
3
(High
100.18
100.18
100.12
100.16
{Low.
23*sl967-72
Exchange
Ont-of-Town Listed Markets
102.18
(Close
(Close
100.18
100.16
100.12
100.10
(Close
103.27
103.27
Total sales in $1,000 units...
j QjQgg
1
100.18
5
100.16
100.12
Total sales in $1,000 units...
13
3
(See Index Back Page)
100.10
10
2
(High
104.12
104.12
104.8
(Low.
(Close
35*8.1943-45
104.12
104.12
104.8
104.12
101.12
KM.8
(High
2)*B.1951-53
(Low.
(Close
Total sales in $1,000 units...
Total sales in $1,000 units...
5
2
(High
105.12
105.14
Low.
105.8^
105.9
105.12
105.11
(Close
105.7
105.9
105.12
105.11
(Close
Total sales in $1,000 unUs...
105.7
105.9
1
Total sales in $1,000 units...
12
35*8. 1941-46
(High
35*8, 1940-49
23*8,1954-56
Low.
108.8
2s, 1947
I*.
108.8
Close
108.8
Total sales in $1,000 units...
(High
-(Low
(Close
'y-
*"
>
1
'
../
v
?
38. 1946-48
2s, March 1948-1950
Low.
2s, 1949-51
(High
103.31
103.31
{ Low.
2s, 1951-55
100.14
100.1
109
108.25
108.13
(Close
100.14
108.22
108.22
108.13
Total sales in $1,000 units...
109.1
10S.25
108.13
13
2
6
(High
(Close
Railroad & industrial..
(High
2,455,580
$593,000
$1,481,000
$3,744,000
3,081,000
16,818,000
24,120,000
269,356,000
22,150,000
267,228,000
$27,794,000
$287,655,000
$293,122,000
Stock and Bond Averages
Below
the
are
daily closing
stocks and bonds listed
(High
as
Low.
York Stock
Stocks
Bonds
10
(Close
108.27
108.27
(Close
108.21
108.27
3
(High
Close
105.25
Total sales in $1,000 units..-.'
•
(Close
Bonds
37.66
106.05
93.38
53.91
28.20
14.08
37. lo
106.11
93.39
53.13
108.81
90.36
27.56
13.84
36.58
106.13
92.69
52.39
108.68
89.97
27.19
13.82
36.40
100.11
92.70
52.09
108.58
H OLIDA Y
89.87
36.48
105.98
92.78
106.51
100.30
10
Feb. 13.
Odd-lot sales,
HOLI DAY
106.73
13.80
27.30
J Cash sale.
above
table
includes
only
Transactions in registered bonds
bonds.
of
coupon
Week Ended Feb. 13
Na,
were:
No sales.
.2
N. Y. STOCK EXCHANGE
Treasury
Treasury
Treasury
Treasury
NEW
YORKlSTOCK
SALE PRICES
Sales
for
Wednesday
Feb.
11
Thursday
r'Feb.
12
the
13
Ranye Since Jan. 1
On Basis of 100-6'hare Lots
NEW YORK STOCK
"
Friday
Feb.
Range for Previous
Year (1941)
'iEXCHANGE
Wfiek
it*
Range
Friday's
Price
4^s_.1947-1952
4s......
394s
3543--
Lowest
Highest
$ per share
5 per share
47U Feb 13
105*2 Feb ' 2
497g Jan 13
106*2 Jan 23
Lowest
Bid
ct-
Low
89.98
A
O
Range
or
Asked
Bonds Sold
High
114.26
1943-1945 A
0
1944-1946 A
O
J
D
1946-1949
Treasury 3)48...-------1949-1952
Treasury 3s.........-- -1946-1948
Treasury 3s
1951-1955
J
D
J
A
High
10 114.26116.2
114.26
21 108.15108.27
«
110.3
110.3
6 103.27104.15
104.12
9 104.6
105 10
105.7
105.12
20 105.7
105.20
108.8
108.8
7 108.4
108.14
109.18
109.18
104.8
105.6"
409*48
D
M
Since
Jan. 1
No. Low
1944-1954 J D 108.15 108.15 108.17
*109.23110
.1946-1956 M S
103.27 103.27
1943-1947 J D
Treasury 3*4s..
Treasury 3J4s
RECORD
cTrtrire
Last
Sale
U. S. Government
Treasury 3)48
10
108.51
52.63
90.54
Week's
Friday
sale
2
Tuesday
108.83
NEW YORK BOND RECORD
t Deferred delivery sale.
105.24
LOW AND HIGH
Total
108.12
BONDS
105.24
Total sales in $1,000 units...
ties
(High
(Low.
Note—The
105.24
Low.
Raits
t
1
(High
40
Raits
106.75
109.56
106.17
Total sales in $1,000 units..
Utili¬
trials
9.
Feb. 12.
Total sales in $1,000 units...
108.17
10
Grade
7.
Feb. 11.
I Close
106.17
Low.
Close
Second
Grade
Feb.10.
100.30
Total sales in $1,000 units...
13*3,1945-47
5
(High
10
First
indus¬
14.10
28.73
10
65
Stocks
ties
Feb.
(Close
3
105.25
Total
Utili¬
Feb.
100.30
(Low.
23*s, 1942-44
105.25
Low.
roads
(High
108.21
Total sales in $1,000 units...
Rail¬
trials
(Low.
(Close
108.21
15
Indus¬
Total sales in $1,000 units...
(High
..(Low.
20
30
Date
(High
3s, scries A, 1944-52
Total sales in $1,000 units...
Feb.
of representative
Exchange
averages
the New
on
compiled by Dow, Jones & Co.:
Low.
Homeowners'Loan
(Ciose
u-
18,177,155
$34,509,000
Total sales in $1,000 units...
Low.
Feb. 9
1941
17,074,135
1,590,000
32,737,000
Total
Low.
23*8,1942-47
(High
Monday
1942
(High
(Close
Feb. 7
$34,509,000
(Close
(Low.
Saturday
6,560,000
1
$182,000
Total sales in $1,000 units...
Total sales in $1,000 units...
2>*8.1949-53
51S2.000
Jan, 1 to Feb. 13
1941
—(Low.
(Close
3s, 1942-47
(High
25*8, 1948
$1,590,000
45,000
1
Total sales in $1,000 units...
Total sales in $1,000 units...
^
102.22
(Close
Low.
6,745,000
'
,
Bonds
Foreign
(High
iClose
$32,737,000
2,002,850
U. S. Government
38, 1944-49
(High
2>*8, 1945
Stocks—No. of shares.
Total tales in *1,000 tintts...
(Close
277,000
1942
102.22
33*8,1944-64
.(Low.
......
Etchange
102.22
Federal»arm Mortgage
1
Total sales in $1,000 units...
25*8.1960-65..
2,002,850
Total sales in $1,000 units....
105.28
9.950,000
5,950,000
HOLI DAY
6,233,000
,
.
/
-
Ciosc
(High
*
(Low.
f
2s. 1953-55
105.28
105.28
47,000
.<■> 26,000
HOLI DAY
319,320
Total........
10
108.22
Total sales «n $1,000 units...
2?*8.1958-63
—
S5,304,000
100.1
109.1
Low.
25*8. 1956-59
...
100.1
(Close
2Hs, 1951-54
364,000
Week Ended Feb. 13
100.14
109.1
(High
2«s, 1948-51
260,000
501,000
6,355,000
Sales
$32,000
32,000
New York Stock
(High
1
Total sales in $1,000 units...
...
9,402,000
415,940
-•.v.
Low.
2JKs, 1945-47
5,658.000
639,960
■\
(High
2Hs, 1955-60
404,220
Total sales in $1,000 units
109.7
109.7
Total sales in $1,000 units...
S 188,000
-J Low.
I Close
109.7
Low.
(Close
$5,084,000
'
f a iff h
Total sales in $1,000 unUs...
3». 1951-55
223,410
Wednesday
Thursday
DAY
Total tales in $1,000 units...
f
(Close
103.31
(Low.
(Close
28, Dee. 1948-50...
Bond
Bonds
Tuesday
HOLI
(High
(ITigh
Total
Government
Bonds
Friday
Total sales in $1,000 units.
19
United States
Foreign
Bonds
Monday
(Close
109.18
DAY
Railroad
and Mlscell.
Saturday
(Low.
109.18
HOLI
Week Ended
Feb. 13, 1942
(High
109.18
Stocks,
Number of
Shares
:
Low.
-
Low.
Total sales in $1,000 unUs...
-
Daily, Weekly and Yearly
(High
(Close
35*8. 1949-52
Transactions at the New York Stock Exchange
(High
Total sales in $1,000 units...
?
year.
City News
Corporation News
13
(Close
11
Total sales In $1,000 units...
*
the
State and
«
(High
(High
!
for
range
Also In This Issue
Low.
Total sales in $1,000 units...
3J*H. 1943-47
the
Exchange
(Close
108.15
i
computing
Total sales in $1,000 units...
108.17
3»*8, 1940-56
In
(High
2 J*s, 1950-52
(High
4s, 1944-54
Exchange
No account le taken of sueh sales
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm
Mortgage
Corporation coupon bonds on the New York Stock Exchange during the current week.
Figures after decimal point represent one or more 32d of a point.
a
Daily Record of U. S. Bond Prices
Copy
a
YEARLY
-
the only transactions of the
day.
are
Price 60 Cents
New York Stock
«»
disregarded In the day's range, unless they
U.S. Government Securities
OflLco/
8. Pat.
York, N. Y., Tuesday, February 17,1942
Stock and Bond Sales
19421
FEB 18
10
107.20108
*107.23108
100.7
109.7
109.18110.22
1 109.7
109.7
110.22
f l
Highest
1955-1960 M S
Treasury 2J4s..
Treasury 294s..
108.13 108.13
1945-1947 M S
105.28
'24 108.13110.4
109.1
1 105.28106.9
105.28
—j
$ per share
♦48' " 48.1a
48 " 48
106i« 1061s 106
106
♦1083s 109
*10838 109
.
♦35
•47*4
•67«
*19
♦1078
35
*ht
*65
40
*35
4734
7
20
IH4
35U
U
7212
238
*2U
*93
100
♦47»i
.
/
634
40
$
pejr share
4734 4734
IO6I0 106*2
4734
6'8
20
*107g
34t2
35
*3l«
*62
7212
11U
*U
"l!
*U
634
19
SI¬
5U
5i2
S'*
514
*14*2
1e>2
5
5
*14l2
1534
47*8
6 34
19
♦1078
34*4
*4
*62
2t8
9434
*16
5U
36
47««
*4
238
238
♦93
100
4734
U
5
478
*13i2
11
3438
40""
46*2
46*2
6*8
*18i2
107g
34*8
*89
5
For footnotes see page 722.
*62
2*8
107S
34l2
*4
72*2
2i8
96
'4
*458
*14
Closed—•
Lincoln's
*46*2
♦63s
40
4784
>120
678
?
10
•400
1,500
preferred.....^..-.100
4fci%
conv preferred
.100
Abraham A Straus....No par
......25
Acme Steel Col
200
Adams Express
Adams-Mlliis Corp
11*4
34*2
11*4
200
Addres8-Muitlgr
34*2
5,300
400
Air Reduction Ino.—.-JVo par
Air Way El Appliance..No par
72*2
2*8
"1*966
Ala A VIcksburg Ry Co
100
Alaska Juneau Gold Min—10
*62
2's
*89
43.1
4%
96
10
5
5
2.100
*45g
*13*2
434
15*2
800
600
$ per share $ per
share
Treasury 2948-. ........1948-1951 M S
1951-1954 J D
Treasury 2
3
-
*106.22106.31
..No par
No par
Corp..
10
Albany A Susq RR Co
100
Allegheny Corp
No par
5H% Pf A with $30
war. 100
5Pf A without
war.
100
$2.50 prior conv pref.No par
108-is Jan
36
6 108"ji Jan
Feb 10
46*2 Jan
6
65g Jan 22
19
Jan 21
1078 Jan 2
34*8 Feb 11
s16 Jan 13
61
Jan
6
178 Jan 6
9434 Feb 10
*16 Jan
2
4*4 Jan
2
4
Jan
2
13-i8 Jan
2
46
Feb
108*
Dec
55*4 Sept
1956-1959 M 8
*107.30108.7
Treasury 294s..
1958-1963 J
*108
D
Treasury 294s..
6
1960-1965 J
D
Sept
Treasury 294s..
......1945 J
D
54*2 Sept
Jan
8*4 Dec
Treasury 2)4s..
1949-1953 J
Treasury 2)4s_.
1950-1952 M S
24*4 Aug
157s Jan
Treasury 2)4s..
1952-1954 M S
45
Treasury 2 )4s
Treasury 2)4s_.
Treasury 2)48..
Treasury 2s
124
"
"
107*24108,17
♦107.13107.22
-
Treasury 294s..
Abbott Laboratories.-.No par
19
J16
Birthday
700
'Par
A :
19
*4
5
15
')
..i—
*35*2
Exchange
63s
19
Shares
<
Stock
*35*2
*4
5t8
5
$ per share
47*4 *47*2
106*2 106*2
'4
72*2
2*4
9434
15
$ per share
48
♦108.18 109
36
*10
$ per share
>
108.9
....
108.18109.11
--'-L 109.9
109.9
108.22
108.27
6 108.21110.11
105.25
105.25
5 105.19105.25
106.17
106.17
1
105.24
108.21
105.24
2 105.24106.16
•
43
Jan 12
34
48*4
7*2
20*2
1134
38*4
*2
Jan 13
43*2
Dec
5'g
Apr
61
Jan
Feb
3
3
11734 Dec
Jan 20
9*8 Dec
345s Nov
Jan
6
Jan
9
Jan
6
258 Jan 13
9434 Feb
38 Jan
6
10
7
Jan 26
578 Jan 26
17
Deo
Jan 27
H
73
Dec
Sept
1*2 Dec
5134
July
5g
75
Jan
Aug
Treasury 294s..
103.23104.3
3 102.18103.2
1967-1972 M 5
100 TO 100.10
100.18
-.
Jan
Aug
Treasury 2s
Jan
Treasury 2s
Treasury 2s...
Treasury 23
Treasury 2s
1058
Jan
Dec
9*2
Aug
21*2
Apr
106.18
103.15
»8
Dec
106.17 1 06.31
106
*105.18105.27
102.18
5
3^
•-"t-
*103.6
99*8
3*4
D
102.18
Dec
11*4 Dec1
i_._1948 M S
Treasury 2Hs.. ........1956-1958 M S
*8 Dec
85
....
28 100
100.26
1951-1953 J
*103.29104.6
104.27105
D
*103.30104.7
104.24105.10
1947 J
.Mar
D
1954-1956 J
D
*103.31104.8
15 1948-1950
Vf
15 1948-1950 J
1949-1951 J
S
*101.9
101.18
D
103.31
103.31
J
1951-1955IJ D
1953-1955'J D
For footnotes see page 723.
104.14104.20
J. 101.17 101.23
1
100.1
102.22
100.14
102.22
103.31104.10
100.30100.30
*100.20100.29
100.1
15 100.1
1
100.21
102.22 103.14
714
NEW YORK BOND RECORD
RECORD
NEW YORK STOCK
Week's
Ft Ida
LOW
Saturday
Feb. 7
Tnesda
hfondaj
Feb. 9
S
ver
21
21 Is
21
*484
4%
1.37
*1.36
136 34
13%
18V
13V
13%
771,
5V
77V
5V
97V
28V
78
5%
•558
78
28V
2884
•538
8
the
13
Feb.
76 V
27%
76V
4.''09
76V
77
97V
273,
97V
17%
*17V
18
IV
18V
IV
*17%
IV
18V
Allls-Ch'tlmers Mfg.—No par
■200 Aloha Portland
Hs
17V
11
*17
1l4
IV
"8
1's
*17%
18»2
*17 V
18'a
*17V
18V
*17V
8 412
5412
*54
55
54V
54V
n
29V
22V
293,
22%
2,609
23
22V
*22
23
K4V
2214
54
54V
45
44
45V
41V
44',
800
461,
7
45
63,
684
684
47
4',
*46
48
4
4
174
18
♦1712
♦1
*15
4134
45V
7
7«4
♦7
*40
48
*43
4
4%
♦iv
.393,
391,
32%
39%
*13g
.32
31V
3134
.3112
2984
*63V
68V
71
70's
73
*'
18
18 V
8's
1«V
18V 1834
18%
18%
*103V 1*0
*106V 110
*106', 110
*10512 110
*70
72V,
79
79
73 V 7312 *79t, 75V
*71
18
*13
18
*13
5I4
♦4V
5U
*834
9
*834
♦4%
9
«5'l
834
*8%
*21
2112
*90',
21
90
*963}
99
1
*9634
98
*^684
*34
534
916
*1,
*134
2
2
*29%
*29
27
*28's
2's
23i2
28V 2812
2V
*134
*13,
.3
3
*9%
*34
36
*21
29V
27
27V
27
*341,
278
278
39%
11,
3934
39%
iv
,39v
*251,
2684
*25v
39V
1V
2634
37s
378
334
3V
35
35
2%
391,
IV
♦IV
26
7
*63.t
7
*584
26
*ov
934
89i.t
107S
10
91,
*88V
89'|
*10V
5
2234
22%
24
V
21
20V
20s
4%
4V
*19v
43.1
11V
11
5178
55
5478
*5V
51,
40%
39V
40V
147 V *14534
♦146
40
*33
34
*33
143
142
142
20%
20V
12
•;v:
20%
12
U'V
11% "11%
8
78,
*7V
18V
*9434
*93',
913,
93
93
20
*:8V
9)"4
19V
127V
47V
471,
125 V 126
137
135
95
*20
20V
20
127 V 12778
48V
T17-V
46V
47V
47V
135
135
4V
126V
4738
4V
*135
434
24V 24'
24V
24%
♦113V 114V *11378 114v
2%
.
234
2%
5%
74 %
*4 V
434
5%
73 V
741,
5
*4V
27
16
27
27
*8v
•
*SV
♦I
934
*1
iv
*34
*60
3v
*678
*4
70
*60
24',
25%
7V
*678
*4V
5
'
86
s
2434
7V
26 V
26%
26V
27
15
*111V 112
*8V
*1
"
31
24«4
6V
4
478
*3V
851,
85V
*1
iv
■7;
*60
65V
6U
6V
6V
6'.
6
6
72V
77
*72
77
*71
76
*71
♦82
85
*32
85
*81
*23
23V
93
3534
691
253,
*13
23V
*73
.
92V
34%
68V
72V
72V
*93
92V
94V
92
33V
63V
32V
67V
34
67V
23V
24
6SV
25
22V
24V
23V
23%
27
23V
23V
22
24
♦23V
25
*38'4
22V
403,
22V
38
40
37
37
37V
38
3S
678
22
67«
661
21
*109
51
*64
*778
♦178
*20
3V
834
214
21
*103
22
22V
21V
21V
21V
110
110V *109
110V *109
7
6V
*6«4
634
6«i
684
50
*t9V 50V *19', 50V
*4934
66
6 584
*34
61V 64v *64
116
116
116
116
116
*113
334
♦778
*184
*A9
3'2
0
100
7% 2d preferred..
5% preferred'.
100
330
22,300 Atch Topeka & Santa Fe.-lOO
5 % preferred... 100
2,100
6,300 Atlantic Coast Line RE...100
*6V
*49V
21V
110
6%
500
-
•
8t,
*734
21.1
21
*134
*19
3V
3V
*8
8V
2V
*134
21
*19
3V
3%
64V
*113
50V
*8V
*1V
8V
2V
19
21
'
31
3V
64V
116
; 200
'
.
90
81,
3%
30
11
83
Jan
Jan
J
23
Feo
60V Jan
20 V Jan
«»
2
3
2
Feb
"
8134 Jail
27V Jan
•37
A...100
5
50
No par
Atlas Powder
..100
5% conv preferred
Atlas Tack Corp
No par
No par
Austin Nichols
2V
19
43
Feo
22
25
4% conv pref series
1
700 Atlas Corp
6% preferred
'
Jail
>
70
...No par
(The)..3
$5 prior A
11,500 Aviation Corp of Del
Feb
20 V Jan
Jan
108
6% Jan
b
50
116
/% Feo
2V
19
Jan
F 'b
3% Jan
De
34%
De
/ 3
70
Dec
76
Dec
102%
Dec
35V
Feb
Jan
56
^
46
27
47V
4V
Jan
Dec
28V
51V Nov
72V Jan
.
0V July*
3% Oct
25V Oct
5 V Jan
Feb
IV May
May
2V
Oct
121
13
6
69 4
55
4916
j
./
50
m
y
50
49'%
49;%
453%
76 4
45
UN
54*6
88
88
88
92
*90
J
91 4
91
.1941
f
D
26
26
.1957 A
O
22 4
21 U
23 4
214
21 4
23 L
.1)57 A
n
22 4
D
22 4
01H
4
274
1/ s
.1976 F
A
.1976
O
.1952
f
.1957 u
f 5s.
.1958
4^~4%s...
I
59 4
59
57
57
59
External s f 4 J4-4VS
.1984 J
"59!%
59
60 4
4
59^
60
J
62
45
.1975 l/N
3% external s f -S bonds...
1960 a
30-yr 4s
Canada (Dom of)
5s
1952
-
10-year 2J$s....
25-year 3 !(s
46
1961
105
105
105 4
1007%
100H
1014
98V
a
UN
1945 F
-
99 4
97%
97 4
99*6
A
"97jPs
30-year 3s.
-
—
♦Carlsbad (City) 8s
...
J
J
99 4
1967 J
30-year 3s
J
1944 J
7-year 2'4s
j
544
94 4
1968 M N
04 4
04 4
•is"
15 H
1954 J
J
♦Chile (Rep) Exfcls f 7s...... 1942 MM
1942 MN
♦7s assented
♦External sinking fund 6s. 1960 A O
4
14
15 V
13 4
16
15 56
15 %
14
15 4
1960 .4
O
♦Extl si lking fund 6s..Feb 1961 F
;*6s assented.
...Feb 1901 v
A
1961 ./
j
J
13
4
14%
*15
♦6s ase.ited.-l
*Rv extl s i 6s
Jan
♦6s absented.
...Jan
♦Extl sinking fund 0s..Wept
♦6s assented....
Sept
13
a
196L J
4
13 4
M
14*%
MM
4
*15
S
a
0
1961
13 4
13 N
1961 M A
♦External sinking fund 6s... 1362
14*6
13*6
13 H
*15
13*6
"13*6
15V
13 4
15V
6^s...l957 J D
13 4
13*6
.1957 J D
12*6
*134
13H
14*6
154
1962 a' 0
♦6s assented.
♦Externalsinking fund 6s... 1963
♦6s assented..
......
♦Chile Mortgage Bank
♦6^sa-seated
♦Si ik fund 6 KB at
UN
*
1963 .UN
1920—.1961 J D
<♦6 Vs a se ited...
1901 J
♦Guar sink fund 0s....-.;.-l981jA
1)
14.
13h
O
*13 4
1961 .4 0
♦0s assented.
*12%
*134
14
*124
*134..
14
♦Guarsi ik fu id 6s_.
1962 .UN
♦6s assented.............1962 MN
♦Cbllean Cons Munic 7s I
1960 M &
♦7sassented..
......—.-I960 M £
*12 *(
13
*12!%
-----
41 %
♦Chinese (Huluiang Ry) 5s
1951 7 1)
Colombia (Republic of)—
0
♦OS of 1928-...-.-Oct 1901
" ' 41 %
J
41 4
41 4
3s external s f $ bonds.....
1970 A
O
32 4
32
♦Colombia Mtge Bank 6!(s_.
1947U
O
..Jan 1961IJ
♦0s of 1927
D
...*
J
M
204
084
99
16 4
♦101
A
*102*6
*1014
external debt......... 1977
Slinking fund 5^s...Jau 15 1953
♦Public wks S^s.i.June 30 1946
♦Czechoslovakia (Rep of) 8s... 1951
774
4 4s
-----
77 4
784
1044
1044
108
7
108*6
27*6
*16*6
"
*16
1952
♦jinking fund 8sser B......
23 4
fc
1949
..
.....
20
16*6
98 4
MN
1949 F
External 5s of 1914 ser A
.
J
130
*5
20
1953 .1/ JN
7s.. 1942
♦CoSta Rica (Rep of) 7s..i... 1951
Cuba (Republic) 5s of 1904.... 1944
External loan 4^8
*5
A
1952 J
Cordoba (Prov) Argentina
32 4
,25 4
*18
1947 F
♦Jinking fu id 7s of 1927
Copenhagen (City) 5s
25-year gold 4Hs-.«
41 4
'254
1946 MN
♦jinking fund 7s of 1926...
D
Denmark 20-year
External
Apr
g
4J^s
31 *6
1942 J
J
F
A
27.
A
Apr 15 1902
O
25
26
68
60
extl 63..
External gold 5J^s......... 1955
314
AT S
Dominican Rep Oust Ad 5>ss.. 1942
1940 A
O
A
0
Customs
*65 4
S
5
■
*67*6
1969 A
O
*65 *(
1969 A
O
*65 *(
M
Admin 54s 2d scr.. 1961
4s 1st series..... ..
... .
5>iS 2d series
35 4
2m
,
*65 *(
§*lstser 5^8 of 1920.......
1940
§*2d series sink fund 5 'As.._
7% July
Apr
..
68,%
.1977
■
Nov
Feb
Feb
May
6
O
Refund! igs f 4!(-4)(s...
Ill's Sept
61
6916
4
D
king fund gold 5s
External read)
28V July
May
111
£
2% Jan
Jan
22
l.i
.
19 V June
107
6.8 36
56
45% Oct
16V
69
*70
1
3l% July.
70V May.
De
Feb
13 V
-
a
V S
Aug
Jan
13V
20
75
89 56
75
90
MN
F
96V Mar.
Aug
Jau
82
17
9% Jan '26
22
•
78'
Jan
jln
6V Jan
91V Ost
10% Sept
88
Sept.
Dec
Da
20
«
17
10
Jan
9V Sept
Dec
87V
5V
6V
fi
1'
Jan
72
6V
23V Jan 28
Jan
r
116
70V
Jan
20 V
Jan
109
Jan
Jan
Sept
Sept
Jan
Sept
Sept.
5V
60
2
89
20
.1961
Oct
2V
De
47V Jan
18
45V Jan
17V Sept
2V
53V
34
35V July
33%
Feb
Jan
July.
30
112V
69-2 Feb
26
Jan
8
56V July.
Fab
35V Feb
3V Jan
49
6
b
2
12
2
93
81V Sept
Dec
V
26
Jan
20
x7
100
5% preferred
5.500 Atlantic Refining
2
Aug.
108*2 Mar
Jan 21
Feb
8%
12V
15
7 V Jan 26
4
99 V
Dec
-
MN
11 %
20
20
.1955 J
—
Jan,
Jan
Apr
7
Jan 15
6V Jan
77V Jan
Jan
6
1
800 Atl G & W I S3 Lines
'
'
*115V 118
3V Jan
No par
Corp....
7% preferred.. _-100
.1
1,400 Associated Dry Goods
6% 1st preferred-*.....100
100
33
*49V
12
200 Assoc Investments Co. No par
25
110V
6% Jan
200
28
*109
26V
7'4
110% June
Jan 16
!)
j
51 %
Jan
115 V
23
4V Jan 14
67 <2 Feo
4
,2
Jan
7
De
HV
11IV Jan
24
159
Feb
24
2
IV Jan 16
35
®
Jan
77
32V
10
Jan
23
67V
112 V Feb
11134 Feb
21
23
34
D
66
100 Artloom
Jan 13
28% Jan 14
30
Jan
5
17
Jan
3
JO
J1
Feb
15
No par
Arnold Constable Corp
5
Co
*74 V
91v
Feb
26 V Feb
....100
7% preferred
77
66V
26
74V
2V Dec
46% May
22V Feb
5% Jan 14
50
66
25
91v
Jan
»
*23
32V
Jan
61V Jan
$6 conv prior pref...No par
z76
93
.2
30
4
46
Jan
Jan
De
51
11
11
56
116V Aug.
3V
6
11
10 V
1)
Jan
73V
2V Dec
64V Dec
3!
11 4
11
.1950 J
19% Aug
168V
Sept
112
76% Jail 14'
4^
23
35
1J,
3% Feo
.
82V
68V
Feb
5V Jan
2
71
2
23
68
24V
$5 div preferred.—--No par
900 Armstrong Cork
6
*26
25U
4V Jan
—No par
IV Jan
4
34
•J2V
3
33V Jan
109% Jan
65%
85 V
"V
6V
2
3V Jan
70 , Feb
114
Sinking fund gold 6s
Buenos Aires (Province of)—
♦6s stamped.
.
External s f 4li-4^s..,.;.
29V Aug.
•23V
11-46
23 H
54
Sept
Dec
De
3V
>
116V Jan
f
De
zl43
Jan 19
5
27
2
7
800
Jan
98
43%
143% Jan 14
4
50/8
13V Jan
22% Sept
Jan 27
>
2
10
JO
8V Jan
"
Feb
Dec
43% Die
Jan
3
20
....5
7%
.
No par
3,500
Dec
11V May
-115V Dec
Jan 2
Jan
11
12
11
64
Jan
81
J
s
11V July
6
Jan 14
~4
"\\~4.
*11
j
A
Si
Jan
28V
13
Jau
2V Feb
65
Jan
100
1,609 Amer Zinc Lead & Smelt.... I
$5 prior cortv pref...
25
14 090 Anaconda Copper Mining..50
320 Anaconda W & Cable..No par
200 Anchor Hock Glass Corp 12.50
3',
150 V
6% Dec
•
113V Feb 43
900 Armour&CoCDel) ,>17 %gtd. 100
Armour & Co of Illinois
5
*6V
*3%
40
3
Feb
303 Archer Daniels Midl'd.No par
7V
*
Feb
4V Jan
-24
100
200 Andes Copper Mining
A P W Paper Co Inc.1
24V
4
-
& Elec.No par
24V
85'
2
2
s
46V Jan
5% preferred
IV
61
2
43
17V
Am Water Wks
81,
Oct
10%
Dee
Jan 0
Jan 13
25 v8
254
v
Brisbane (City) s
Jan
7
Dee
8V
21V
97V
21V
134V
49V
174
~
.1955 J
♦External s f 6 Vfs of 1927.
♦7s (Central lty)
Jan'
50V
Jan
Feb
45V Jan
135
......
24V
-
*6%
3%
61
Fes
125
*3IV 33V
110 V 110%
34
*24
*684
8V
.
J3
43
100
25
25
.
*111% 112
9
*60
*6%
1
*14%
67
24%
4%
43
15V
*60
3V
71
26V
26V
61
3V
4V
3
Feb
1
93
——
$6 1st preferred
1.900 American Woolen
Preferred .V
1,600
15
64
65V
71
*43
7V Jan
18
O
M S
.1949 M
♦Brazil (U S of) external 8s..
♦External s f 6 Vis of 1926.
Jan
73V
54
8V
A
A
f 7s series C.
f 7s series D
External sf7s_
Jan
45% July
155
Sept
15V
2*>%
234
102 4
B
165V Aug
15% Jan
40V July
139
25!%
f
1947
...1948
Belgium extl 64£s__
External s f 6s
"
.
Co...-No par
Refining..100
.100
.100
5
4V
48
110V 110V
3V
3V
63V 63V
3v
65V
67
25V,
34
11012 110V
*4%
4V
9V Jan
No par
Jan.
Jan
7V
Dee
133
Mar
29% Dee
4
Feb
12
s
100 4
J»n
3V
46V
39
Dee
33V
2
Feb
Dee
29
34V Jan 16
143V Jail 27
6
20% Feb
19V Jan
4 090
2V
147
-
—
—1945
♦External s
1945
♦External s f 7s 1st series. ..1957
♦External sec s f 7s 2d scries. 1957
♦External sec s f 7s 3d series. 1957
Antwerp (City) external 5s
1958
Argentine (National Government)—
S f external 4 Ha.......
1948
S f ext conv loan 4%s_i....l071
S f extl conv loan 4s Feb ...1972
S f extl conv loan 4s Apr ...1972
Australia Com'wealth 5s
1955
External 5s of 1927........1957
External g 4 Vis of 1928
1956
♦External
100 4
26V Aug
4V Des
6
Dee
Jan 14
43
3JV Jan
409
70
Fib
Jan
144
4,309
26V
26V
j
IV
34
*1
111
3V
66
4V
8V
8V
35
111
*65'2
3V
27
16
*11114 112
2h
*65V
7134
71
*43
26V
26V
IV
35
48
*1514
9s4
111
*34V
26
*15V
16
MIH4 112
*11H4 H2
111
4V
4%
4V
24% 24%
113% 113 V
2V
69
69
4<V
73t2
4V
72 V
*43
2V
75
4V
434
27
27
23,
2V
*70
5V
7334
26V
27V
27
*15V
278
48
*43
48
*44
24
24
24V
24',
11334 11334 ♦112V 114
75
*70
75
*70
41,
35V Jan 14
8
Dee
50
6 :V Feb
33
6% preferred...
.100
500
1.700 Amc.- Type Founders Inc..10
Amarican Viscose Corp....14
135
135
41
9
5
3iv Fell
200 Am Sumatra Tobacco. -No par
47
46 V
47V
135
438
Jan 13
104 20104 23
10 100.30 J 00.30
Apr
Fab
155
6s..'..
Norway) 4s.1968
♦Antlo'iula (Dcpt) coll 7s A.-.1915
♦External s f 7s series B
1945
Dec
De17V Dae
3V
D37
3
Jan
23
20V
6
57V Jan
140 V Jan
8.900 Amer Telep & Teleg Co...
2.200 American Tobacco
OomraDn class B...
2.500
125% 1'25V
45V
45V
9
*3tdsink fund
♦Gtdslnk fund 6s..^
Jan
121
(Colombia)
Agricultural Mtgc Bank
6V Sept.
V Dec
5
5V Jan 12
7V Jan 6
_No par
.
1,090 American Sugar
Preferred
200
19 V
*18V
46 V
46V
4V
4V
19
19
46 V
.
Jan
Jan
5
...100
v.-
19
*734
100
6% preferred.
400 American Stove
8
19V
50
5.300 Amer Steel Foundries
600 American Stores;
11V
73,
96
137
11-v
*18V
*95
♦4V
;
20'«
19V
11 v
9
13V
J in
23 V
3
12
Ma
111
Jan
95V June
Feb
AP;
2%
15 V
26% Jan
41
2
Jan
De
Dee
8V Dee
7V
Jan.
17V
77V
26% Jan
l5i6 Jan
4% Jan
59
D3i
38
5V Jan 30
23 % Jan 26
119
Fib
2
22
2's Sept
Oct,
4V Jap.
13V Jan
2V
♦Fl Salvador 8s ctfs of dep....1048
j
J
j
J
*9.%,
67*6
69
75
67*6
67*6
11*6
*04
7s.....1907
♦Estonia (Republic of)
-
-
B
13V
378
7
*5V
♦29V
878
5V
*29V
10V
16V
7V
6%
13V
4
7
6V
2934
9
5V
30
10V
16V
*5V
6'4
13%
4
*18V
25
*104
13V
3%
6V
534
26
27
1234
3V
6V
9
8V
5V
29'8
5V
10's
10V
16
16
•29
s
*18V
i
30
*95
*5V
29
9
5%
110
♦29
334
29
19
*24
13V
100
*29V
10 V
10
*18V
♦24V
*l02V HO
*28V 30
93
*29%
15V
26
93
9
5V
30
10
19
*24
12%
8V
6V
5V
26'4
8%
*104
15V
15V
19
25V
110
*23V
j
♦5%
30
*90
98
*18V
24
*101
*
—
-.
*94
13
3V
6*
5V
13V
13V
3V
6%
3%
5,500 Baldwin Loco Works v t c.,13
100
5,400 Baltimore & Ohio
6%
3,800
4V
4V
27V
884
6
27
7
634
*13
*13
6%
....
*d«4
*13
7
....
*684
33V
33U
34
32V
.33'k
29%
29%
xlO %
10%
15V
♦15V
15%
19
*18V
24V
25
*101
l£0
29V
♦
7
w.50
22
8%
5V Jan
27
Jan
.5
8% Jan
.1
So preferred w
104
28
30
94V
7
6
»
30
600
2
33
32 V
2/
19V Jan
6
2IV Feo
li
Jan
3
29®4 Feo
;5
104
110% Jan 10
7% Jan 2s
Aviation
5
32's Feb 10)
*
39%
"Jan 3
Stpt
34
Juiy
*65
S
D
75
75
75
75
*70*6
Sept
Feb
10V July
De
24% Mar
Dec
31V Mar
20
Dec
27% July
7%
". 13V
.
102% Dec
28V Feb
IDS. June
i
6% Dec
A pi
Oct
32
Apr
126
8V July
17
.
Government—
6s part
.1964
7%
Oct
16*6
*84
.1068
'
paid........
Jan
•,
Jan
i) 3 2 V
106
Greek
•'!*;■;• ! 7s part- paid.
<7*6
H
♦Haiti (Republic) s f 6s ser A..1952
Helslngfors (City) extl 6 4s-. -. 1960
41% 8e,4
For footnotes sec page
For footnotes see page 722.
J
9% July
35
■17V
:
M
Finland (Republic) ext 6s
1945
French Republic 7s stamped... 1949
7s unstamped ......
- -—1949
12V Sept
7 >- Apr
-5V' Dec
Dee
•
10'%
7,900
12 V
'.27V
12
Jan
*13
32%
Jan
Jan
-Jan
5% July
8% July
v
3% pec
18% Dec
20
11% Jan 27
18V Jan'6
94% Feb 43
6% Jan 14
200
7
43
Dec
Dec
19
Dec
;;2V
3V
20
9% Jan 13
43
Jan
3
Jan 23
18% Jan
22
No par
....25
vr.--.No par
Creamery.
•
31% Jan
15 2 Feb
Beatrice
10V
14%'Jan-2
4 8 Jau 28
7V Jan-27
6'2 Jan 20
*S
2
2
2
Jan,2
Fen J j
Bayuk Cigars Inc
""266
94V
93
5\4% preferred
4.500 Barsndall Oil Co.
2,103 Bath Iron Works Corp
110
110
Vo par
800 Barker Brothers
19
*23
*13
3f4
SV
30
10%
~
33V
8%
5V
7
♦6V
27
8%
.100
Aroostook..
50
Couv 5% preferred.....100
280
1,800 Barber Asphalt Corp...... 10
4% preferred
500 Bangor &
1234 Fob
2\ Jan
434 Jan
4V Jan
#
104" 25
.....
*101.24102
1980 J D
Akershus (Kl igof
Aug
30V
Dec
62 I>s 1
6
Jan 15
165
53
12
Jan 21
/10 V Feb
....100
...25
Preferred,...!.
900 American S iuff..
32%
*1381, 143%
8
19v
48%
*32
100
;
19
19
z47%
4,700
39%
Feb
|4
-30 Amer Ship Building Co.No par
Amer Smelting & Refg.No par
147
Dee
Feb
169
25
44% conv preferred
1
20
51V
42% Dec
2
4%
Pre ferred.............. 100
Mill
Jan
Jan
4V Jan
33V Aug
38V
May
10', Jan 6
89V Jan 16
11'8 Feb. 5
18% Jan
24V Sept
De •
::27
40
J
3[
31
1,400
6V
32
33
*145
V Jan
Jan
22
No par
-No par
$6 preferred
2
Jan
3%
H igh
109.30
100.30 100.30
Municipal
Foreign Govt. &
28V Sept
29 i. Feb
7
2
115V Jail
21;V Feb
700 American Safety Razor.. 18.50
American Seating Co..No par
5
6V
Co LtdNo par
6 000 American Rolling
1.370
19
7V
19V
127% 128%
47%
47%
50
10%
5
•}•}
1134
19%
*31V
85
$5 preferred.,.
1 600
15.409 Am Rad & Stand San'y .No par
56
Birthday
33
1.090
4V
4V
165
*155
Lincoln's
147
OOI.
32 V
%
55
Amer Metal
Jan
8V Jan
par
400
6% preferred..
100
No par
80 American News Co
800 Amer Power & Light—No par
29%
19%
50
40
25
10',
Closed—
1,090
118
95
*714
7V
19V
*135
33V
Mln
33V
33V
Exchange
14912 14212 *141V 143
19V
20V
19V
19V
20V
11%
5
21%
5
145%l*145',
Mln
34
*142
1457ft
3
3
7
2
v67g
3 2
39V
678
*31V
39V
38V
1471
Stock
101
55t,
5
7
31V
31V
4V Jan
19»4 Jau
h
41
54V
5V
7
32
32
& Metals.-No par
5
19V
X10V
55V
5
7V
*7
33
11
1034
5434
5538
5V
7V
*7
*32
161
161
23
2
118
162
3<
of III. - -1
■
Jan
26 V Jan
4
F 'b
2
22
160
5
14
6
21
Jan
25
4V
1% Jan
2534 Jan
3's Jab
6V Jan
;
46 V Jan ,3
IV Jan 17
9% Jan
22 V
19
24
400 Amer Macli & Fdy Co -No par
251,
V
4V
4v
163
ll's
11'8
■if;
19
Jan
500
22
29
191,
22
3 v Jail 10
35
Jan 26
10 4
25'1
V
%
2
21
87V
21
Apr
32
5% conv preferred
8.109 American Locomotive-No
1.800 Amer Mach
11%
10
38
No par
Preferred
Dee
238 Jan
33 V Jan
Products...1
901
HV
10
24V Jan 13
-.-/V'■
*104.16 104.24
City
3% Corporate Stock
6V Aug
IV Jan
Dee
Feb
16V Jan
50
Jan
9% Aug
Jib
V
V 14V
.,!■
27 * F ib
par
preferred
3V
Jan 13
2 V Jan
Nov
8V
!95V Sept
1% Jan
De-
V
2
2
IV Jan
121,5 Jan
xl7
Jan
78
Jan 21
Jan
115
19V Aug
•V Jan 10
6
28
Ja"
23V
9V Fab
% Jan 14
7
9%
119
*118
25',
6
27
5
Jan 14
°:n Jan 2
18% Jan 2
94V Jan
V Jan
79V July
,
90V Dee
9V Mar
'4V Dee
4V Feb
Jan j 1
Jan
22\ Jan 27
98'2 Jan 23
33V
10V
478
91
*41,
6% conv
2
Jan
34V July
"Apr
107
Jau
185
16V De-
7
American invest Co
9i,
873,
IQt,
21
120
V
20v
4V
478
20 v
*25
%
23',
*158
162
*158
10V
118
231,
34
84
873,
10V
4v
25'1
*25
25
25
0%
88%
2934
120
*118
120
*118
5
22't
484
5
♦22't
9
9
$0 preferred. £
2
v Feb
56
5% Jan 1
9% Jan 2
*87
33
10 v
18
par
par
par
Jan 14
15
Jan
!
_
,
95
*3V
*6',
*37V
3V
7
38
88
89i4
1078
1078
39
*37
33,
5
11
8
109
6% non-cum pref-.-.--100
1.909'Amer Internal Corp..-No par
26
*6V
*534
39
*37
39
*37
l'i
Jan
4 V F ;b
1,100 American Home
100 American Ice
39V
IV
*251,
7!
2,800 America 1 Hawaiian S3 Co. 10
700 American Hide & Leather... 1
700
39
3's
4
*1%
*114
200
27V
3
x39'i
*Ut
2684
200
21V
.No
No
—No
.No
For'n Power..
Jan
20V
15
Crystal Sugar....10
$7 preferred -.
$7 2d preferred A
T.SOff
2%
*134
35
*u4
393i
1. 090 Amer &
V
25
DaAnr
;
Jan
95V
D9r
23
2
73 % Jan 13
2
11
Jan
„
Aug
55V
103
10
Comm'l Alcohol Corp..20
Oet
3
157V
Jan
14
Fsb 10
Co
6% 1st preferred
100
100 American Encaustic Tiling.. 1
800 Amer European Sees. _No par
S3,
»,
21
35
*25',
108
t
27'l
2%
978
35
35
1
534
-
36
18
80
27V
*21
'28V
3%
Jan
100
130V
Feb 10
33
June
Anr
1
65V Jan 28
166
F>b 10
Feb
700 American
29
2284
273.1
29 4
Jan
8V
39
Mar
gl2'3V
3
Dec
47%
i Dee
M
New York
23% Dec
58% Jan
9 V Aug
26V Da?
,
130V Feb 10
2
59V Jan
3
Jari 15
*100.3
Transit Unification Issue—
63% July
Feb
Feb
6V Apr
4lV Dec
Feb
IV Jan
Feb
14r%
.40'
5'i Jan 14
161V Jan 10
68
21
99
25
Jan
125V Jan 8
IV Feb 11
25
1 090 Am
*11,6
53,
V«
25
2V
*V
24V
29
100
8'2
1
5V
25
24't
33
1
8V
*963,
'2
25V
47
2
50
American Colortvpe
9S
53.,
58,
9.9
25V
8
"loo
901.)
*3
Jan
"906
*20%
1
*"'ft
61,
*514
.534
*12
V
V
..
7h
4V
98
98
5% Jan 2
45V Jan 2
3% F;b 11
4V
90
20
3
Aug
Sept
IV
20,
Apr
41V
6
Jan
8
j^sseries
21V Aug
Dab
10
Low
104 "22
*104.19104.27
,.1942-1944'J
......1945-1947 j D
2'/(sseries G
l
Get
Jan'
37
<5
No
•v
1944-19521 \{N
3s series A.
~
14', Mar
O
Cc V3
High
*104.23104.3!
3tg8..*r;.i..**.i.,.;iiI944'-1964 M &
3s
1944-1919 1/ N
2i(8
1942-1947 M S
Apr
S->pt
87
.
Dee
21V
Jan 28
48 V
Preferred
18
71V May
"3
23 V Feb
5% conv preferred
100
American Chicle
No par
Am Coal Co of Allegh Co NJ 25
*13
59
Jan 12
1,"00 Am Chain & Cable Inc.No par
18',
J6(i; 3
Jan
Preferred
700
*108V 110
73
72
4V
SV
4V
81,
*1%
70
18
18
*13
18
*13
31
Jan 13
Low
Home Owners' Loan Corp—
Aug
:
9
' Da?
7
IV Jan 26
18% Ja.i 27
4,600 American Car & Fdy_.No par
■>0%
81
30 V
5
51
Dee
-fr
Jan 10
American Bosch Corp..
300
165V 165V
Jan 27
21
1,800 American Can
62V
62
«"»84
693s
*16^', 167
90V 31
9078
*681,
70
70
166
165
6
43
6% preferred
1%
♦IV
IV
14V
Inc......10
Bank Note
10
1,200 Am Brake Shoe & FAy .No par
*
.50
54% conv pref._-.l~-100
700 Amer Cable & Radio Corp..l
130
130
130
IV
63
69 V
166
*165
31
'0',
130
13
Dee
"u Jan
America > Airlines
""760
Feb'
111,
Jan
Agrlc Chem (Del)..No par
Am
900 American
30'«
*0%
10V
V J.ah.2t
17^4 J11 26
Amerada Petrol Corp..No par
700
.
135',
14
18 V Feb
.50
6% conv preferred..;
4
4
3%
•
Asked
Bid
Price
Federal Farm Mortgage Corp—
167V July
6
12V Jan '26
149
8
1
Co Inc
per
I7VJD9C
4V.P3C
2
17V Jan
Cem.:No par
400 Amilgam Leather
48
*46
487s
37S
39%
313t
«934
691,
63
166
63
*165
63,
*45
1303f 1303,
*1U
1%
1303,
1303, *1?0
l's
IV
1%
*1.30
7
«34
54
109
5% preferred.
800
18
*17
'e or
Friday's-'r:;
Sale
K
{Con.)
U. S. Government
share
25% Ja 1
,11V Jan.
5 per share $
5V Jan 13
Feb 10
Feb 13
Jan 12
Feb 11
5% Fd> 10
76V F>b 11
'27V Fib 11
No par
No par
1.100 Allied Mills Co Inc
1.690 Allied Stores Corp
5V
22h Jan
4%
134V
10%
13V
5
100 Allied KliCo..
Jan 12
\C Highest
fjowest
S per share
'20 V
Allied Chemical & Dye.No par
1 O'O
13V
5'n
13's
13',
SV
Ran
Last
i
Y. STOCK EXCHANGE
Week Ended Feb. 13
N.
•
Highest
S per share
Par
1,309 Algiuiy Lud Stl Corp..No par
.3.1
VP Allen Industries Inc
11V
*11
.
Lowest
Shares
8iv
4%
BONOS.-.
■
EXCHANGE
Week
$ ver share
*4V
113,
*131,
28V
28',
*11
11
NEW YORK STOCK
V
Range for Previous
Fear (1911)
On Basis of 100-Share Lots
Frldai
134V 135
1353,
11
70
5%
♦78
135
Range Since Jan. 1
far
21V
4%
478
137V
12
137),
S per share
21
20V
434
4V
|
share
per
♦n
.12
♦ist,
10
21
2'.1*
*434
4%
138
.138
Thursdat
Feb. 12
Wednesday j
Feb. 11
•
$ ver share
5 ver share
share
213s
♦11
Feb.
>
STOCKS
Sales
PRICES
HIGH S4LE
AND
723^
A 0
^
A. O
62
62
*51
62
57*6
11
Volume 155'
Number 4047 "
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK BOND RECORD
N, Y. STOCK
Last
EXCHANGE
Range
Ran'ie or
Sale
Week Ended Feb. 13
cS
Friday's
Price
NEW YORK STOCK RECORD
Week's
Ffiday
BONDS
Bid
(fe
o
Asked
LOW AND HIGH SALE PRICES
Foreign Govt. & Mimic. (Cant.)
Low
High
No. Low
Saturday
Monday
Feb. 9
I
13%
13
J
.4
o
554
*5 X
6Ji
4*22%
«61%
23%
63%
f"
9
♦70 Ji
'*5M
<3)4
72
74
6)4
5
5%
6J*
5H
6
1958 M S
1959 M S
i
—
7
13
..1952
7s
J D
1959 M N
.
9%
10%
UH
U\i
A
85 %
1965
s
f 5s.. 1970
A
J
D
70)4
56 Ji
70 J4
85 Ji
83J4
85 Ji
53 Ji
88
87)4
5454
53
% 66
53
84
51 Ji
55
5054
50
i
;
I)
J
M
1%
9%
60 %
27 Ji
37 Ji
f 6s lstser. .1960 J
*100
fOs 2d ser. .1961
9 Ji
7
8)4
9 Ji
7)4
38
23%
6%
20*8
O
*14
o
*5
♦External sink fund g 8s... .1950
♦4 lis assented
1963
♦Porto Alegre (City of) 8s
.1961
J
6 Ji
D
*11 Ji
Queensland (State) extl Cs
*7%
93%
*10%
J
1947 F
64*4
10
♦Rio de Janeiro (City of) 8s... 1946 A
•Extl sec 6 lis
1953 F
A
f g
754
O
13
12 Ji
nx
65
10*4
12
8*4
13 54
1 4
10 J4
11 Ji
12
8)4
12
13 Ji
9J4
D
1254
}*San Paulo (State) 8s
67
65
14)4
14
1U4
634
1234
11%
*27%
1054
12 54
35
*361,!
*178
36;%
*87%
*2 512
*2%
*681,1
41,
*38
•
383s
119
19*8
*88%
7%
903.i
7%
89
*70
71
70
*211.4
*13,1
*99l,i
217«
2
2U4
*1%
9978
3'%
1738
3l2
18
*17
*6l2
*334
7%
7Ji
454
6 Ji
36
4 Ji
654
98
4J4
*438
23g
454
58
52
79
74
*1>8
57 Ji
1984 J
J
44
Ji
4%
4's
16
18%
13
*8%
*125s
134
934
1278
17s
55
5754
53 Ji
53 Ji
25%
46 Ji
42
46Ji
4818
Ids
48t2
10%
•
4%
112
110
2%
62
47%
6%
20
*4 Ji
5 54
7
7
*4 Ji
554
454
6%
19%
25%
*21
22
5%
20%
3
3
7*8
7*8
91
*68 Ji
Adams Express coll trg 4s....1948 M 8
5554
*100 Ji
200
7*8
500
91
91
170
10%
700
18%
18%
18%
*50'8
11
if
11
37
*30%
4%
*35%
*1%
4%
87
Birthday
64
2%
65%
••.
120
121
£36%
37%
19
18%
90
90
118
118%
*81
86
7%
21
21
,20%
1%
1%
*991.4 100
3
*2%
2%
*16
3%
3
95
65%
18%
90
Coll trust 4s of 1907.......1947
100
100
10-year deb 4 J4s stamped...1946
F
A
103
105 Ji
.1946
*
5s modified-- —
1949 J D
5s modified--*.*—
—1950 A O
*58 income.!...———1950 A O
.
O
87 Ji
800
1,500
100
3134 Jan
25%
Jan
Dec
115
Dec
Jan
Jan
35
Oct
Jan
Jan
2
95
Feb
89
Dec
2
4034 Jan
38
Anr
17% Jan
20% Jan 13
17
Dei
23% July
18%
Dee
21% Sept
16
Apr
21
Feb 11
2
111%
,
Jan
54,
Jan
15% Jan
6
Dec
25%
Jan
2
29
Feb
6
23%
Dec
41
Jan
43
Jan
3
38
Anr
'2 Jan 13
1% Jan 5
934 Feb 7
r 1
Dec
7
Dec
45% Oct
2% Aug
6% Jan
14% Sept
37
Sept
23% Mar
12% Jan
Jan 26
Jail
8
Jan
%s Jan
5
2
2
Dec
38
11%
Dec
7%
Dec
5
2
3
2
2
Jan
2
2%
18
Jan 19
5%
20
Jan
6
2% Jan
8
*%
Participating oreferred.-lOO
Byron Jackson Co
LAG par
Jan
Dee
9
2
Butte Copper A Zlncj
5
Byers Co (A M)
i.AG par
6
Jan 16
Jan
10
De
Jan
.8%
112%
Jan
30
9
14
6% Jan
54
7% pf 100
oonv preferred—
Feb
Fob
30
1
Bush Term Bldg dep
Butler Bros
:
Dec
%
Jan 16
6% Jan 23
19% Feb 13
24% Jan 21
17% Jan 8
1
28
35
par
Bush Terminal
5
2
105% Jan
2'4 Jan
60% Feb
Conv pref $2.75 ser...AG par
Burroughs Add Mach._AG
9
Jan
Feb 11
8
par
Feb
Feb 10
11%
par
Burlington Mills Corp
5%
2
16%
6%
14%
26
.LAG par
LAG
Jan 21
22«4
2%
30%
18%
9%
17%
1% Jan
734 Jan
31% Jan
8
Jan
Jan
Jan 27
338 Jan
3
Jan
xl09
June
2%
Feb
5
Jan
5
Jan
7
19% Jan 3
55% Jan 10
7% Jan 27
3%
24%
6%
20%
3%
6
5
6
Feb
Feb
Feb
15%
Dee
May
49
534 Dec
1»4 Dee
15
Dec
4'4
Feb
Jan 13
Dec
Dec
2%
Dee
6
Dee
1134 Jan 20
76%
7%
Feb
Apr
1934 Jan 20
50% JAI 29
51
z9l
Feb 11
95
10
Jan 10
2
Jan
8% July
31% Jan
35% Sept
Dec
18
3
Jan 14
8% Jan 14
118
Dec
Dec
61
7
Jnn
5%
18%
23%
6
26
Jan
Dec
5% Jan
76
July
Feb
23
Sept
3% July
39%
17%
123(i
Dec
Feb
66
20% July
5634 Nov
9% July
4% Sept
25
Sept
6% July
Aug
23
4%
Jan
1134
Jan
100
July
12
Jan
20
99%
278
1,000
16%
3%
300
90
900
27
110
18%
300
3%
35%
4
2%
10%
4%
15%
*36%
50
13}
1%
4
*1%
4
2%
178
11%
103g
*4%
4%
1%
4%
2%
10%
20
200
10%
6,800
4%
400
39%
50%
""400
*316
%
700
lo
U
131%
25
46%
473g
10
10
1,600
716
71«
800
*87g
127g
13g
9%
127g
1%
100
*21%
46%
93.4
•
*3li8 -32%
*31
23S
32%
*69~
32io
*69
76
*2%
_76
76
110% H012 *110% 111%
26
263S 26%
26%
*97 •
98
97%
97%
*83i2
i
*83%
*4834 51U *4834 5U
98
3978
34
—
5lt2
145
10054
*520
800
39'8
*33%
*140
3934
34
145
6814
*58
c
*520
38%
33%
60
800
*6(7
23
47%
978
1278
*1%
*21%
4634
934
27g
*2%
31
*30
76"
*69"
110% 110%
*25% 26t2
*95
Jan 29
110
98
*83% 85
*48.% 51%
138%
38%
33%
33%
33%
145
*140% 143
67
68%
67%
38%
Century Ribbon Mills .Wo
par
13%
400
1%
700
23
47%
934
100
60
42
2%
100
33%
100
*95
*83%
98
92
3134 Jan1 27
38%
34
34
*140
5
2
29
1
Jan 27
19
Jan
23% Jan
6
6% Pf -100
97
Jan
2
100
Jan 14
No par
16
Jan
5
17
Feb 10
6% Feb
3% Jan
33% Jan
9
3
2
Common....
Preferred series A.'
100
Chic A East 111 RR Co.No par
Class A
40
5
5
Jan 30
106 Ji
59 Ji
83
v
54
56
59Ji
60
55
57
89*4
81 Ji
85
8954
:
15.
Feb 11
37
Jan
50
Jan 29
Chic Hock Isl A Pacific..100
8
5
4% Jan 6
17% Jan 3
3934 Jan 21
52
Jan
5
89
87 J4
85 Ji
02
75 Ji
7654
74Ji
61 Ji
61 Ji
76)4
63 Ji
60
64
56 Ji
57 Ji
55J4
59
68
86
68
For footnotes see page 723.
.
51
July
si«
Feb
*8
Jan
11« July
par
8% Jan
11% Jan
1% Jan
21% Jan
2
6
3
8
9% Feb 13
8% May
6
Chickasha Cotton Oil
43% Jan
2
10
Childs Co...
No par
Chrysler Corp
City Ice A Fuel
—Wo par
9
Jan
3
6H% preferred
;
100
City Investing Co-..;
100
City Stores.
—...5
93
Jan
5
Clark Equipment
..Wo par
C C C A St Louis Ry Co.. 100
Feb 13
13%
2%
Feb
6
1
Dec
3
Aug
Jan 13
20
Dec
27
Jan
72%
Jan
4
10% Feb 3
96% Jan 23
4934 Feb
23g Jan
5
2% Jan 12
97% Feb 10
Jan
5
7% gtd.50
50
Climax Molybdenum^._Wo
300
*520
800
*520
800
*520
800
Class A.—,
..—Wo par
Coca-Cola Intern Corp .Wo par
1,700
Colgate-Palmollve-Peet No
par
SO
$4.25 preferred—L_Wo
Collins A Alkman. —_Wo
par
.
par
5%
conv preferred—..-.100
Colo Fuel A Iron Corp.Wo par
Colorado A Southern^
.100
31
8
26
8
Dec
92
Dec
Aua
2
Dec
29% Dec
Jaa 24
70*4
Apr
14*4 Sept
10*4 Feb
104% Aug
46% Feb
4% Sept
40% Aug
139
Apr
Oct
85
Jan
109% Dec
115
Aug
Jan
24
Oct
3334
98
May
82*4
Jan 21
81
Dec
Jan 26
50
Jan 26
48% Nov
50
38% Feb 10
3034 Jan 22
44
Jan
5
27
36% Jan 3
141% Jan 30
44% Dec
39% Sept
142
Dec
148
Sept
Jan
6
78
Dec
106
-Jan
Jan
9
60
Mar
740
July
8234 Jan 21
50
139
Jan 22
67
Feb U
55% Jan 28
12% Jan 10
Feb 13
101
12% Jan
16
2
Jan 19
99
<-
Jan
2
34 jau
3
J% Jan
6
4% 2d preferred...
1
3
R
Jan
900
Columb Br'd Sys Ine cl A.2.50
Class B
2.50
11% Feb 13
11% Fob 10
5,700
1,900
Columbia Gas A Elec—Wo par
6% preferred series A... 100
1% Feb 10
5% preferred.——L—.100
Feb
41% Dec
139
"
4% 1st preferred——.100
100
10*4
40
~7l
U Jan
9*4 Sept
25
5% preferred .»—...... 100
100
Special gtd 4% stock
11%
1%
46%
4434
19% July
41% Jan
Feb
3
Gluett Peabody A Col-No par
-
Apr
Apr
25
Chicago Yellow Cab...Wo
Clev A Pitts RR Co
90
37%
49
Feb
100
1,000
July
IU4 Nov
8% Jan
8
10
11%
Oct
3
732 Jan
5
11%
11%
!•%
46%
*39%
9%
1*4 July
6%
100
Jan
660
3% Dec
Feb
Dec
29
2%
1%
3% Mar
Oct
Jan
Dec
Jan 26
2%
*1%
Dec
Jan
4%
lu
Preferred...—
,-100
Coca-Ccla Co (The)...Wo par
.
®i6
18
44%
102%
*32
709
>
Dec
107% Oct
22% Sept
29
800
200
Dec
Jan
3
1,300
Dec
Jan 16
Jan
1%
Dec
2
112
*1
95%
1434
5%
2
1:966
:■
Jan
Jan
58
'
Jan
2U4
% Jan
109% Jan 12
30
37%
Oct
100
7% preferred
6% preferred
5% preferred
500
Apr
15
1% Mar
par
67
13
101%
*12%
13
*101% 102%
16%
16%
Dec
l*ii Mar
par
58
12%
1%
22%
Jan 26
par
67
101
Apr
34% July
5% Jan
1% Jan 29
Pr pf
60
13
13'4 .13%
13%
13%
1234
; 12%
I23,i
*10334 104I4 *10334 104% *10334 W4% *103% 104%
13
13
13 ♦13% 14
*13%
13%
13%
♦101%I02% 101% 101% IOU4- 101% *101% 102%
17% 1?% •; lf.% 16% arl6%
16% *16%
17%
1
'
1
*1
*1
1
1
1%
1%
2lo
2%
2i4
2%
2%
2'1
23s
2»g
2
*1>>8
*1%
17j
*1%
178
1%
1%
;
*12
12
123s "1178
11% 11%
1L% 11%
-♦11*2 11%
11% 11% -11% ll3g
11% 11%
;■
138
112
1%
I3g
1%
1%
1%
1%
"49
48
*49*8 52
48%
49%
48%
49%
*40l2 4434 *39% 4434
*39% 443.1 *39% 4434
July
97
234 Jan 26
12% Jan 27
Clev El Ilium $4.50 pf.Wo par
Clev Graph Bronze Co (The). 1
145
4
Oct
-
93
71
1,900
Deo
Dec
25
98
34% Jan
40
Dec
2% May
31% Dec
7
Jan
4% Aug
17
3634 Jan 27
Feb
115%
Dee
Feb
3
Jan
Chicago Pneurnat Tool,Wo
($2.50) cum div No
4
Dec
1
4i.i
2
2
!9% Jan 2
4% Jan 23
1
334 Jan
1% Jail
Chicago G^eat West RR Co.50
5% preferred.....L50
Chicago Mall Order Co
Jan 30
96
7% Jan
24
51%
383S
2% Jan
Sept
3% July
77
16% Feb 10
100
—AG par
Cham Pap A Fib Co
Jan
10% June
75
Dec
Feb 11
5
2
prior preferred.
"l22"% "Dec
22*4 Mar
103%
Jan
6%
Dec
65
7
29
Jan
Chain Belt Co
Jan
50% July
29*4 July
xl5% June
2
Jan
Jan
85
1% Feb 13
I)8C
1%
Jlii
....
*48%
3%
Mw
5%
2
Feb 11
*76"
110% 110%
*2534 26%
3
Jan'
Jan 27
Feb
27
Chile Copper Co
12,800
1,200
18
"116%
3
Jan
3% Feb
2
125
Jan 14
100
*57
-
1% Jan
15% Jan 7
2%
Jan 26
Jan 22
Cerro de Pasco Copper.Afo par
Certain-tecd Products
1
58
»68
-
97
JCent-Rlt of New Jersey.. 100
Central Vloleta Sugar Co
58
*140
69
■
31
5
2
134 Jan
18% Dec
Jan
Jan 12
9
$3 conv preferred, i.No
1,600
3
—
93
2
JCaesapeake Corp.__._AG par
Chesapeake A Ohio Ry
25
1,200
21% Jan
Jan
300
1,100
Dec
Jan
9,300
1%
30
18
34%
4%
2%
3
70
98
4%
Jan
100
3378
*1%
Feb
Mar
Feb
Central Aguirre Assoc.AG par
Central Foundry Co..
1
Central 111 Lt 4Ji% pref.. 100
Checker Cab Mfg__.L_...._5
800
43
112
42
7% Feb 11
Dec
x2%
6
Feb 11
35% Feb 13
18% Feb 13
100
15
9lo
2% Jan 28
69
400
*36%
*50%
*87g
*12%
1%
*21%
2%
100
900
15%
1
92% May
30% Jan
3% Jan
8734 Sept
No par
Preferred
"2,366
39%
50%
%
Anr
121
7
334
10%
22
Jan 16
1734
43g
15%
2734 Jan 7
2% Jan 13
Jan 16
*6%
2
41
Dee
Feb 10
64
*163.!
3%
Dec
25
117
98
98
98
32
120%
94%
8%
'71%
.23%
5% preferred
Dee
Jan
5% Aug
39% Apr
3% July
79
Feb 13
700
1%
40
5
83
200
Dec
Dec
Jan 28
100
7% 2d preferred
8
32%
F'eb
1
3
Feb
2% Jan 14
100
Celotex Corp
10% June
26% Dec
89
100
70
Jan 13
37
Jan 29
2,700
5
Jan
4% Jan 14
1% Jan
7% Jan
14% Jan
17% Sept
Jan 16
Jan 11
..
4% De
9% Nov
Jan 23
90
7%
Jan 14
Jan 27
24*4 Sept
54% Nov
85%
118
84
Dee
34
1
'
S3 preferred A
i
10
Carolina Clinch A Ohio Ry.100
Carpenter Steel Co._i.
6
Preferred..—
Dee
Mar
37
100
*16%
98
*3%
2
15%
Jan 14
33% Jan 14
134 Feb 10
No par
Carriers A General Corp
Case (J I) Co
Jan 13
3% Jan
25
Capital Admtn class A
3
% Jan
100
95
98
30
j
50% Jan 29
par
29%
1%
100
30
Canadian Pacific Ry.
Cannon Mills
Oelaaese Cr.rp of Amer.AG
*86
7
5% Jan 2
11% Jan 2
10% Jan 29
1%
7%
13%
12%
4,400
*28%
17«
*26%
26%
16% Jan
No par
par
2
26
Packing
Caterpillar Tractor..,.AG
95
*16%
18%
*98% 100%
16% 16%
7
*6%
*3%
3%
34% 34%
California
5% preferred
50
Callahan Zlnc-T,ead..u
-1
Calumet A Hecla Cons Cop. .5
Campbell W A C Fdy J.AG par
Canada Dry G,lager Ale
5
3,900
28%
*34
69
76
*67 Ji
2434 Sept
51%
7
79%
63%
98 Ji 100
90
87 Ji
Apr
7% prior preferred
2178
Us
*94 >
61
Alleghany Corp—
A
12%
5% series prior pref
*21
96
69
54
8854
21% Jan
Feb 11
330
70
42
*58
103
.1943
Albany & Susq 1st guar 3>is—1916
Mar
480
7%
96
56 J4
83
59
90
90
83
3%
200
36%
1834
*66
*34
6854
100 ji
Ala Gt Southern 1st cons A 5s. 1943
*55
Oct
Dec
118%
*117
99%
*2%
*16%
10
121
35%
*134
10
2
35
27g
800
3734
88%
25%
2%
66
*119
42
*238
200
*134
*36
*87%
*24i.i
2%
100
278
36
28L4
17
17
*6l.i
48
10>8
36
"8",i66
2
*98% 100%
178
*86
16%
31.)
4%
28%
2
12%
70
.
16%
*30%
4%
7*8
*66
*86
11%
37
1
2%
37%
7%
100
rJ'
Closed—
88%
70
1%
3,500
2,100
1,800
*34
54
56 Ji
D
59 Ji
17
Canada Southern Ry Co.. 100
6'.
13%
*36
26
19
6%
MOO
11
*87%
2%
700
'
13
37
*24
18%
53
%
Exchange
Lincoln's
25
90%
Stock
6%
127}
11
2%
25
10
53
*50%
%
6%
12%
*96
65)4
.-
J
Albany Pcrfdr Wrap Pap 6s.—1948
6s with warr assented...
1948
'.AG
Bullard Co
300
3%
*7%
_
42
*140
A
250
1,600
10%
.
10%
100
*31
t Abltlbl Power & Paper—
& West lstgu 4s...1998
2,600
1,400
5%
20%
*3
*34
*33l2
1944 F
2%
21
*96
*83%
*49l.i
397S
56
10%
18%
Deo
2
Jan
.r34% Feb 13
100
Budd Wheel
200
7%
5%
42
*97
.........
55
20%
15%
*2%
9%
12%
1%
*110% 111%
26»s 2638
D
Dec
10
8% Feb 13
LNo par
Bulova Watch
""500
18
21
25%
*20%
4,100
1,200
6
1)
13
2
17%
par
7% preferred
120
6%
*24%
£17%
£54%
7%
2%
56%
2,400
65
191*
20
10%
20
2%
63
100
*23g'
A
COMPANIES
1st cons 4s series B_...
Brown Shoe Co..
110
2%
621)
36%
1%
37%
87%
lo
*21%
5654
57 Ji
60
*21'2
59 Ji
37
%
%
*12
*87g
57 Ji
6%
38
**16
9.6
1
11%
100
3912
50'8
50'g
59 Ji
A
J
3
12
27
Bruns-B ilke-Collender^A/o par
*32
J
14% Jan
Jan
1934 Jan. 2
1% Jan 6
Buevrus-Erle Co.—..
5
7% preferred
^...100
Buda (E G) Mfg
LAG par
X91
53
1%
4's
16
*36
39i2
5012
53 Ji
RAILROAD and INDUSTRIAL
y
10%
35
*94
J^sseries A unstamped.—.1953
♦Stamped .......
...1953
Feb
par
MOO
21
4%
2U
115g
11
*%6
76
*69*
Allegha
7%
93
7*8
1%
*4Ig
2>4
*'2
58
♦Warsaw (City) external 7s... 1958 F
♦4 lis assented
1958 F
!
6
79
59 Ji
23% Sept
Dec
par
1,400
7%
22%
87
98
.
4%
23g
1178
16
*3612
*50'4
*72
*96
1 to
*1*8
Ji
55 Ji
53 Ji
Dec
5
9
66% Jan
121
37% Feb
5
8%
*66
,
98
A
Brooklyn A Queens Tr.AG
Bklyn-Manh Translt-t-ATo
Brooklyn Union Gas.—AG
600
i
12%
2%
90
6%
6%
*334
378
35*g " 3578
36i8
554
W
...
*16t2
4
Ji
D
Bristol-Myers Co..
8I9
7%
118% 119
18
F
600
12%
2%
16%
*17
J
800
8*g
7*8
2%
26i2
64J4
1970 MN
Dec
1574
26
Brewing Corp. of America. .15
Bridgeport Brass Co...No par
Brings -Manufacturing 1N0 par
Briggs A Stratton
par
12U
17%
16%
29*4
—16
1978
1978
21
7% Jan 14
70
Boston A Maine RR._i..—100
Bower Roller Bearing Co....5
8%
17%
*54%
I8I4
54)4
U
External conversion
22% Jan 20
19% Jan 28
12
15
12%
25%
26
2054
14
11*8
4's
3!i-41i-4*i» extl conv
4-4)4-4lis extl readj.'
3 lis extl roadjustinent
*32
6%
37%
18%
100
5554
35
*24%
28
100
*4 54
5554
"32
6%
297g
2i8
27
17
*12
*%6
20%
25%
2%
66% 67%
119% 119%
95
29'g
2%
263.1
101
5 54
1964 MN
35%
2%
2%
3*8
17
*72
2,600
28
3
63%
20%
3%
25
17
*8(1
95
*2712
61 Ji
♦Externals f 6s
*1612
*234
*100
28 Ji
1960 MN
16%
28%
34%
16
55*8
*36
997g
3%
29 Ji
59 Ji
3)is-4-4)is ($ bonds of 1937)
external readjustment
1979 MN
3*4-4-4lis ($ bonds of 1937)—
9978
3'8
30
27
♦Externals f 6s
1,500
28
*110
18
*87
2
32
J
1946 F A
112
*30%
4%
36*8
1%
2U4
1354
13 Ji
25
O
_
8%
8%
16%
*32
12%
8%
12%
77S
26 Ji
6
35
11
70
36
*454
"""300
100
18%
89
-
7l2
29
52
19%
1,000
*50%
*%
6%
90%
"119
27 M
1940 A
♦Uruguay (Republic) extl Ss_
90
119
1254
11
1968 J
52
*18%
8%
15%
*26%
£34%
*
3814
19%
15 v
1254
15
§*Secureds f 7s
1955 F A
27%
18%
18%
8%
*25
1%
9%
10%
68U
19%
90'S
120
2%
2834
♦6s extl dollar loan
,8ydney (City) s f 51is
27U
>.%2
93
121
36
1958 J D
1958 J D
7i«
6
2%
-
30'S
Serbs Croats & Slovenes (Kingdom)
♦Silesia (Prov of) extl 7s
♦4 lis assented
Dec
14
Borg-Warner Corp..5
*1%
19%
24% Jan 19
share
20% Jan
May
57
Jan
Jan
19% Jan
Borden Co (The)
Aug
Jan
90
5,900
50
per
10% Dec
Jan 23
6
Bon Ami Co class A-.lNo par
5,700
1,600
Jan 13
17%
16% Feb 11
2
Highest
,
$ per share %
3434 July
89% Jan
131% Jan
31% Aug
3
Blumenthal & Co pref....l00
Boel ig Airnlane Co
i
5
Bohn Aluminum A Brass.-.5
20%
*'i»
21
37
4%
68
*2's
J
*5
*25
*35%
■20%
3%
7%
214
3734
*119
3018
J
1962 M N
2
Jan
20
par
21%
*1%
2%
8734
26%
69
1614
1950 J
1962 M N
BlDomlTtdtle Brethers.JVo
21*8
.
.
*9%
7%
371.1
120
120
67
1936 J
extl
.
x20%
;
2
1%
*54
6%
8734
2612
2-"'8
234
11)4
1956 M S
*25
Feb 10
15
9%
18
1878
*36'2
*1%
*33ii
27
64
•7s extl,Water loan.....
27)4
16%
27%
6*8
53
4V
3714
2».i
363«
88%
14J4
♦8s external
♦8s secured extl
187s
27 J4
"30
Jan
59
Class B.i........,*iVo par
1%
20
13U
11%
!"■-
15 Ji
38 Ji
13 Ji
21
118
(Delj.-ATo
Bond Store; Inc.——.1
*9%
*24%
18% *18 ' 18%
56% *55% 56%
7*8 r'7%
7*8
3
3%
3%
23% !" 23
23%
6
6%
6%
20% *20%' 20%
*3
3%
3%
8
7%
7%
94
93% 93%
10%
10*8
10%
67
Ji
6%
20%
26
63.
1318
*86
1964 M S
♦Sao Paulo (City of. Brazil) 8s. 1952 M N
♦6 lis extl secured s f
1957 M N
•
*20%
*24%
52
par
30
1%
2%
63%
1*16
3
Santa Fe extl s f 4s
6%
20%
2
60
9%
*110
3%
66
,5J6
438
14 Ji
10
13 Mr
11 H
J
3
*64%
*50%
*28
75
13
1967
8%
7n
8
112
2
Feb
900
:
1%
*32
8%
*110-
%
19
37
12% M2%
8%
>
600
9*8
1%
9%
35
12%
v
16%
26%
".12
9%
3%
*234
5s modified
*95
8~ 100
17%
27
'
1%'
6%
"
11% Jan
14>
•
*35
37
11%
14)4
13 Ji
1968 J D
loan
16%
28 '
v
*716
*32
8%
*167g
>:
17
*26%
V
*17%
8%
8%
,
1
8)4
854
09
12)4
8*,s
6%
*123,1
10
954
1966 MAf
♦7s extl loan of 1926
registered.. .
17%
26%
95
*25
18%
•
19
19*8
90>s
O
3 >i s
16%
26
'
23
05
18%
53
8)4
6 Ji
6Ji
15
12
-
19
38
R!o Grande do Sul (State of)—
♦8s extl loan of 1921
1946 A
1
21%
*50'8
*'8
i
15
554
854
*10 Ji
A
14
23
*7 Ji
$ per share
i
12 Ji
9H
954
954
R
j
20%"
17%
27
.
63
"754 *"754"
*6
f 7s... .1947
♦Extl loan 7 lis
.1966 J
J
♦Prague (Greater City) 7lis.. .1952 M N
j
20
20%
•
26
*25
*4 %
O
.
754
8'4
O
.1958
8 Ji
11 Ji
9 J4
9
O
♦4 lis assented— .1968
'y
201.1
20%
16%
26%
-
Year (1941)
Lowest
101 Ji 101 Ji
102
10 Ji
D
s
61 Ji
58
61 Ji
60*4
S
s
-(♦Poland (Rep of) gold 6s— .1940
i
15
i
13
,,
38%
15
16%
66
6%
20*4
!
60
66
S
♦Nat Loan extl
sec
38
I0I9
•
3%
M 8
♦Nat Loan extl
♦7s scries B
38
15
1*35%
112
3%
i
52)4
GO
*25
$ per share
50
Black <fc Decker Mfg Co No par
Blaw-Knox Co...
No par
Bllw 4 Lauthlln Inc..i...—5
.300
(
95
38
15%
'<
35
*110
J/N
♦Peru (Hep of) external 7s— .1959 M
municipal
95
38%
15%
20%
J 28
15m
12%
*8%
56
M N
...
♦7s
95%
*37%
;'•'
37
60
1955 A O
s
95
38%
*25
29
*%«
*55%
7%
♦Panama (Hep) extl s f 5sier A 1963
♦StatujkmI assented 5s... 1963
.1994
I
Stamp mod 3.'4s ext to
,
Ext sec ref 3 lis ser B
.1967
♦Pernatnbuco (State of) 7s— .1947
*4 lis assented
♦Stabilization loan
98%
15%; 15%
8% ;■
*35
300
400
12%
17%
28%
18%
65
52 %
Highest
7% preferred
100
B%elow-Sanf Cam Inc. No par
1,400
6%
*95
28%
1,400
18
6'o
28
1%
*28
*52
60
18
6%
21%
*3
s
70
:
2%
27%
70 H
53 Ji
52 H
O
A
1963 F
f extl loan
♦6s extl
*60
22%
*16%
O
i
70
2
85 Ji
8 j)i
A
Oslo (City)sf 4 lis..
,
*60
21%
*18
1
70
7
84
1943 F
1950 MS
Municipal Bank extl
;
*60
'
!••
60
1944 F
—-
Externals f 4)48
'
14
70
*13%
*10%
2%
27%
04
60
External fis.
s
14.
22%
?
Bethlehem 8teel
500
12%
22%
•
11,100
*10%
f
75
"""300
60%
*13%
•*37%
75
22
59%
19
j" 2%
*
1957 F A
External sink fund 4 lis
4s
*18
•
2*8
9%
J *32
—Apr 1958 AO
Norway external 6s.
1
19
"22
14%
12%
;
17
New South Wales (State)—
.!
20%
50
*13%
*10%
20*8
*1%
f 5s—-
60io
19
*46
14%
12%
98%
38%
15*4
;
External s f5s
22%
20%
:
Par
119% 119%
*19% 20%
j
J
6%
1 17%
17%
*8%
1
N
8
22%
59%
'
■
6%
28%
70
*70
Lowest
Shares
12%
Range for Previous
On Basis of 103-Share Lots
'
Beneficial Indus Loan..AG par
Pr pd S2.50 div ser'38 No par
Best 4 Co.*........—-AT0 par
12%
119% 119%
*19% 20%
22%
i
External
01
S per share
6%
*60
75
13)4
Range Since'Jan,'I
YORK STOCK
EXCHANGE
Week
6%
70
*37%
15*4
20%
22%
59
50
22%
2*8
*25%
*
i
14
12 Ji
♦70
13
19%
*13%
*10%
17%
*28%
22%
*119% 120
$ per share
12%
*46
50
*18
Minos Geraes (State)—
♦Sec extl s f 6)$s_ ——
(
23%
62%
12%
6X
5*4
9
*6
6
6 X
594
♦5*4
Feb.
20%
12%
,'•*94.
5Ji
5
■
♦6s series A.—
11
8
14
?
i *41^8 stamped assented.....1943 MN
•Mexico (US) extl 5s of 1899 £.1945 Q J
♦Assenting 5s of 1899—1945 Q J
♦Assenting 4s of 1904
..1954
D
♦Assenting 4s of 1910..
1945
4*Treas 6s of '13 assent
1933 J ~J
♦Sec extl s f 6)$S
•Montevideo (City)
10 %
80
%
>
6%
*60
9M
12
STOCKS
the
19%
;
14
*10.
M
1954 J 7>
1954 J D
Feb.
Friday
20%
6%
*6%
14
♦Medellln (Colombia)
Mendoza (Prov) 4s readj—
Mexican Irrigation—
Thursday
11
$ per share
12%
*46
119% 120
120%
*20% 21%
*19
19%
j
12%
50
*120
i
♦Jugoslavia (State MtgcBk) 7s 1957
Feb.
10
$ -fer share
13
51
i *22%
63%
76
69
$ r'er share
13%
*48
87
Feb.
Wednesday
1
High
S'rer share
♦75
Tuesda
NEW
for
.
Jan. 1
03
■
Irish Free State extl s f 5s..1.1900 MiV
Sales
Since
c
Feb. 7
>
715
i
46% Feb 13
43% Feb
3
13%
105%
Feb
28%
Feb
6
10%
Deo
Jan 22
100*4
Feb
Jan
105
84%
Sept
Oct
Mar
63*4 Nov
710
July
16% Sept
106
Nov
5
11
Dec
2
105U
Dec
114
Jan
Mar
18% Jan 26
1% Jan 30
4
2% Jan 31
12%
Dec
20
Jan
%
Dec
1%
Dec
3% Aug
2% Sept
14% F'eb
105
2
Jan
1
30%
Jan
Feb
2
13% Jan
6
11
Dec
21%
Jan
13%
134
Jau
6
11
Dec
21
Jan
Jan
3
1
Dec
4%
54
Jan
6
Jan
7
43% Dec
42% Nov
82%
45% Jan
72
Apr
% Dec
Jan
For fqotnote3 see page 722.
ComntercwlTandl Financial^Chronicle (Reg. TT. S.
W. Jones,
Patent Office) William B.
Dana Company, Publishers} 25 Spruce Street, New York, BEekman 3-3341.
Herbert D. Selbert, Editor and Publisher;
President; William D. Riggs, Business Manager.
Published three times a week [every Thursday
(general news and advertising
Other offices: Chicago—In charge of Fred H. Gray, Western
Representative, Field Building (Telephone State 0613).
Smith, 1 Drapers Gardens, London, E.C.
London—Edwards
Copyright 1942 by William B.-Dana Company. Reentered as second-class matter
September 12, 1941, at the post office at New York, N. Y., under
the Act of March 3, 1879.
Subscriptions in United States and
Possessions, $26.00 per year; in Dominion of Canada, $27.50 per year.
South and Central America, Spain, Mexico and Cuba,
$29.50 per year; Great Britain, Continental Europe
(except Spain), Asia, Australia and Africa, $31.00 per year. NOTE: On account of the
fluctuations in the rates of exchange, remittance for
foreign subscribtions and advertisements must be made in New York
funds.
L"
" v ;
Frederick
&
Managing
^
Editor;
William
Dana
Selbert,
statistical issues on Tuesday and Saturday],
"'h;
NEW YORK BOND RECORD
NEW YORK STOCK RECORD
Week's
Friday
!
Feb. 7
:r
' $
$ per share
;18%
t*98
*6%
■s:
*2538
*25%
8%
%
39%
39%
3938
21%
"21%
21%
21
21%
2%
*2%
2%
*2%
15%
15%
15%
17%
278
15%
17%
2?8
1578
17%
10%
95*8
*2%
1578
16%
10%
*83%
95%
6%
6%
*2*8
16
*16
*10%
10%
10%
*87
90
88%
*95%
9712
96%
OSg
6*8
13%
6%
6%
88
16%
1734
10%
88%
96%
1734
1734
10
10
*88%
90
95%
6
13
13
12%
8634
8634
85%
%
*•18
nl«
*#18
*8%
834
2
8%
*1%
8%
2
*8%
*158
5%
578
*
1 Sg
6
7i2
5%
5%
C *7'3s
12%
12%
v
39
312
22'8
33.8
22%
5278
*12
*93U
*14*8
Consol Copper mines
800
*12
2
12%
98
98
25%
25%
3
3
4% Jan
7
Copperweld Steel Co
Conv pref
14%
14%
14%
500
Cream of Wheat
678
18%
49%
6%
500
*3)%
40
11%
*81%
31%
11%
17%
18%
*18
39%
39%
11%
*39%
84%
31%
£83
78%
11%
11%
11%
778
7%
100
2,600
180
2,700
200
150
4,509
135
*131
135
*131
1,200
84
3134
79
12
8
*77%
*11%
7%
12
*1 Ho
8
135
*131
135
31%
7734
7734
11%
7%
8%
8%
83
31%
-
11%
81%
81%
*81%
85
*82
85
11%
11%
*11%
12%
*11%
1212
600
11%
*14
15%
200
95
*91
14
14
*91
91
95
%e
%
%
16%
16%
16%
16%
16%
7%
24%
*16%
7%
17%
16%
8
24%
14%
*91
11
*16
lli«
17%
*1638
1634
*16%
17%
*16
734
2434
7%
7%
25%
25%
83%
47%
*80
89
*80
*44
*44
47%
16%
16
.89
*44
*16
80
80
47%
16
16
16
*44
v.
f
]&' : '
\
13,800
1,400
15
*78%
*44
■
14%
*15%
17
3%
*15
17
11
16%
*15%
10%
*10%
11
10%
28%
7%
22%
28%
*107g
11%
*7%
21%
4%
9%
4%
7%
22%
28%
10%
10%
4%
l
*%
%
%
18%
19%
17%
18
19%
16%
11
109%
1734
19
19
7%
22%
22%
22%
2858
285o
28%
*1078
11%
10
9%
10%
4*8
*3g
s
9%
934
.
4
414
18
18%
18
20%
27
19%
*25%
27
25%
25%
37
*35%
36%
37%
37%
9
9%
17%
17%
*737«
77%
*73%
*3%
*34%
9
35
*20%
20%
*12%
12%
63%
*111% 112%
*14% 15
3%
*3%
*3%
35
*20%
12%
62%
9%
17%
77%
9
834
17%
*73%
8%
834
17%
76%
8%
35
34
34
20%
20%
12
20%
12%
60
61%
12%
62%
110
111%
14%
14%
"■MOO
14%
12%
9%
80
*25%
114% *114%
174
*30
*1478
22%
12%
'
*%
*1
30%
27%
31%
*24%
*48%
174
30%
15
22%
12%
78
1%
30%
27%
31%
26%
49
*107% 108%
2%
2534
*2%
26%
*278
3%
133% 134
*36
*S34
18
18%
25%
36%
500
8%
17%
76%
600
*33%
5984
14%
5
40%
*
5%
*23
31*4
31%
31%
31%
25%
2584
2534
25
2%
5%
23%
2%
2%
*48%
*2%
66
*64
67
65
72
*68%
76
72
77%
5
ht
40
t.
V
3
*%
6%
6%
6%
5%
4%
5%
41
78
"2%
2%
5%
5%
*23
76
23%
»
38%
*
40
78
"2
*»M
9
5%
4%
23
*._..
5%
23
1
*23
"V
9
28%
52%
Dec
42%
Apr
170
8
f 4s ser
7
General 4s
Stamped 4s. J.. .......
Conv gold 4s of 1909...
%
Jan
Jan
Jan
19%
76
Dec
Dec
De.
107
10<2
Dec
19
Jan
4%
Jan
9
15
8
Dec
Dec
10
Dec
15%
80
Dec
94
Dec
3334
33%
£31%
60%
Dec
3
27%
27%
27%
27%
25%
734
734
*7.8
8%
7%
92
*22%
92
23
*9»4 J0%
*91
22%
*10
95
*91
7
134
Jan 27
22%
22%
10%
10
72
Feb
41%
Feb
8
13% Jan 14
Jan
15% Jan
7
91
Feb
98
7
7
Decca
80
Jan 19
44
Jan 17
24% Jan
Dec
16%
Jan
Dec
25
Jan
98
Feb
Dec
99
Dec
6
14% Feb 13
178
%
Dec
13-%
Dec
1
103# 105
2
105
108
106
106#
40#
*106#-
105
F
63
O
5
Dec
34%
Jan
24
Dec
Feb
10% Sept
29t2 Jan
80
Dec
90
42 %
Feb
Dec
6%
6
Jan 12
Feb 7
Jan 27
Dec
14%
17% Jan 14
Aug
47% Mar
20
Raynolds A—No par
Diamond Match
No par
Devoe &
6% partic
25
preferred
Diamond T Motor Car
No par
..1
Co
*24
25
700
3
300
5,500
500
10
8% preferred
Du P de Nem (E I) &
No par
100
$4.50 preferred
2
14
Jan
5
July
Jr,
/•
*
24
Jan
2
36% Jan
6
38% Jan 12
Jan
5
2
21
6
Feb 10
8
Jan
Jan
24
800
$6
2534
*25
26%
600
,
48%
107% 107%
*48%
49
*2%
2%
2%
*62
""120
*%
6%
3
6%
5%
39%
39
1
"2*400
26,500
6,200
*1%
5%
23
2%
5%
23
3,100
200
200
%
%
%
"166
Feb 13
% Jan
2
Jan 31
25% Feb 11
2
29
Jan
El Paso Natural Gas
23
Jan 20
Battery...No par
3
Johnson Corp
50
....100
5% preferred.
Engineers Public
1
5% pref series
Awl
9
2% Jan 21
Feb 11
65
72
Jan
76
Feb
100
50
5
3
Ex-Cell-O Corp
5
3
3u Feb
23
Corp__$2.50
"u Jan 23
Fairbanks Morse & Co.No par
a31% Feb'10
22% Jan 2
7% Jan 27
Exchange Buffet
*7%
8
95
22%
22%
10
10
32
£26%
*7%
*91
22%
*10
32
26%
•
Cat.
1,300
2,700
8
200
95
10
.20
Traction.-.15
No par
Fajardo Su? Co of Pr Rico.
Federal Light &
22%
800
$6 preferred
Federal Mln <fc Smelt Co
10%
300
Federal-Mogul Corp
2
5
Jan
20% Jan
9
Jan
10J
3
5|
109#
1
88#
90
15
87#
D
102#
102#
1
102#
102#
10
101# 102#
101# 102#
Ti
97#
97#
103# 105
M S
now
110#
110#
1946
D
-
107
8.)
89#
Cal-Ariz 1st & ref 4^8 A...1962
—
Atl Knox & Nor 1st g 5s
*97#
89
90
5
111
112
19
110
111
*100
*101
J
1st 4)<jS A.... 1944
./
1944 J
1st 30-year 5sseries B..„
M S
Atla >th Coast 1st cons 4s July 1952
.7 D
General unified 4 )^s A...... 1964
1945 AfN
Atl <fc Charl A L
82#
66
63#
98
97)4
.70#
65#
98)
100
72#
33
68#
73
35
36
53
40
31
32
30
30#
25%
98#
13
97# 100
1
104# 106
71
1948 J
Second mortgage 4s
Atl Gulf ft W I SS coll tr
J
"31)4
J
97)4
5s— 1959
J
97#
37
100
106
1953 M S
3s
Atlantic Refining deb
J
1948
4s
100# 100#
101
103#
80# 83#
63# 66#
1
103
82
64
10-year coll tr 5s_—. May 1
MN
gold 4s
Oct 1952
Atlantic & Dan 1st g
103
#
103
82
L & N coll
94#
98#
32
B
Baltimore <fc Ohio RR—
4s registered—
Ref & gen ser A
59 #
61
July 1948 A O
..1948 A O
1st mtge gold 4s..
93
02
57
62#
65#
65
Stamped modified bonds—
1st mtge g (int at 4% to
63 X
63#
64#
60
59#
D
37 H
36#
39)4
151
32#
39#
D
41#
41
43#
76
35#
43#
37
36#
39#
169
32
38#
37
39
40#
120
31#
38%
36#
37#
581
32#
38#
40#
53
52
53#
50
49
54#
45.%
44
47#
101
40#
49
51
)4
44
48
51#
98
66#
98#
58#
48
98#
58#
56#
58#
49
58#
luly 1918 A O
(int at 1% to
1995 J
Ref & gen ser C (int at 11-5%
to Dec 1 1946) due
1995 J
Dec 1 1946) due
1%
1946) due..-2000 M S
1 %
Sept 1 1946) due
1996 M S
♦Conv due........Feb 1 19b0 f A
Ref & gen ser I) (int at
to Sept 1
Ref & gen ser F (int at
to
Pgh L E & W Va System—
#
,
4sextended to..—1951 MN
3^%
1947) due
1950 J J
Toledo Cin Div ref 43 A
1959 J J
S'west Div 1st M (int at
,
to Jan 1
1st 5s....1943 .7
1051 J
Bangor & Aroostook
Con ref 4s
4s stamped
—
.1951
Battle Cr & Stur 1st gu 3s....1989
Beecb Creek ext 1st g 3^s..#.1951
Bell Telep of Pa 5s series B
1948
1st & ref 5s Series C
....I960
Belvidere Del cons 3^8
1943
Beneficial Indus Loan 2J^s„..1950
J
"57
./
J J
J D
A O
J J
A O
.7 J
J D
*42
debs
1952
Consol mtge 3>is ser F
.1959
Consol mtge 3s ser G....... 1960
Consol mtge 3}^s ser 11..... 1965
Beth Steel 3 Y18 conv
"72# "Si"
84
k
108#
129#
108
96
48
•
*77#
108#
129)4
27
107# 108#
127# 129#
*102#
"99)4*
*99#
99#
97
104#
105#
104#
105#
104#
101
O
J
F A
F A
103
103#
97#
104
31
102#
103)4
105 H
A
J
"99" "99#
20
97
97
1956 A O
%sdebentures—„...
Dec
Aug
Big Sandy 1st mtge 48
1944
Blaw Knox 1st mtge 3^3-.—.1950
1967
1955
1st g 4series JJ....
1961
1st mtge 4s series RR
1960
♦Iftc mtge 4Hs ser A... July 1970
^♦Boston & N Y Air L 1st 4s..l955
Boston & Maine 1st
105#
105#
102#
104
101
25
102# 104#
37% Oct
23% Jan
17% July
79
Jan
10% July
127
Dec
118
May
34
Jan
May
24
A78
Dec
27
Dec
Jan 21
14%
Feb
Jan 27
17%
Dec
Dec
31% Jan
151.
23k
13% Jan
.% Jan
7
10.
5
%
4
109% Jan 15
Jan
Dec
Feb
23% Feb
26% Dec
27%
32% Jan 27
26% Feb 5
48% Feb
%
\
.
1% Jan 8
35% Jan 23
32% Jan 23
21%
Dec
Feb
107% Nov
39%
5% Jan
145% Sept
182% Jan
3678 Jan
1778 Sept
3378 Jan
17% Jan
78 Aug
4% Jan
3975 Nov
36% Nov
34% Aug
33
July
47% Sept
113
Oct
2% Dec
64% Dec
69
Dec
3% Jan 6
66
Jan 30
73
Jan
5
Jan 20
Jan 27
7
5% Feb 13
25% Jan 7
% Feb 6
7414 Dec
7
Jan
80%
Apr
4%
;
i;„
2%
Dec
Dec
30% Dec
75
Feb
75#
43
14
105#
107#
MN
104#
107#
*87#
103#
F
A
113#
88
104
113#
314s series C..1967 J D
Ry—"
110#
J10#
39#
41#
Jan 31
D
1957 MN
3% to 1946) due
{Burlington Cedar Rap &
JMst & coll 5s
Nor—
1934
A
O
A
40
6
J
J
A
A.....1962
1956
gold 4148........ ....1951
108#
F
*108#
106#
105#
109#
.......1946
.....1944
Coll trust gold 5s
1954
1960
Collateral trust 4)4 s
guar
4s..1949
110#
65#
F
104#
M S
104#
J
1981
65, i-
J
93#
93#
I
J
104#
J
1)
86#
104#
86#
J
J
82#
J
J
F
5s.—.......Nov
1945 F
82#
48#
52
42#
99#
98# 100#
93#
96#
15
96#
28#
48#
4#
34
3
13#
15#
13#
1
19%
Dec
8%
Dec
26% July
14% Jan
♦General 4s...
4s
I
19871- .
registered
.1962 A
Central N Y Power 3)4s
For footnotes see page
723.
—
O
4#
15#
11
14
111# 112#
*111#
112#
66#
68#
16#
16#
17#
62#
13#
70#
17#
15#
15#
14
16
"15#
..—1987 J
10
4#
15#
67
3)48....1966 A O
.....
15#
3
15#
13#
46
10#
C
Dec
D
29#
45#
15#
4#
14#
52
24#
190
*11
registered
49
101#
99
4
5s
88
83#
100
O
J
J
94#
106# 107
1959 A
1961 J
1987 J
1987
77
47
68#
104#
101
♦Ref & gen
{♦CentNew Engl lstgu4s
{♦Central of N J gen g 5s
82#
*43#
A
J
81#
48#
96#
1946 J
63
89#
103
104#
87#
28#
1951 J
108# 110#
94
106#
Dec
4s_.
105
107
21%
♦Chatt Div pur money g
109
50#
99#
1945 MW
series B_
5s series C
108
100# 107#
104# 106#
104# 105#
101
106#
A
1955
{Central of Georgia Ry—
♦1st mtge
106
M S
Carolina Clinch & Ohio 4s
.1965 M 8
Carriers & Gen Corp 5s w w—1950 M N
3s..
80# 84#
104# 106#
104# 106#
107# 109#
106#
104#
104#
J
6J48—.1946 J
J
Ry 4% deb stk perpet
Coll trust 4J4s
5s equip trust ctfs
84
A
Canadian Northern deb
Can Pac
108
*83
J
Guar
106
104#
105#
106#
109#
109#
Guaranteed gold 6s....July 1969
Guaranteed gold 5s.....Oct 1969
Guaranteed gold 5s—.....1970
Guar gold 4Jis ...........1955
41#
5#
5#
6
30#
108
107#
104#
106#
J
Guaranteed gold 4>4s
126
70
4#
90
110# 110#
70
O
Jan
88
105
113# 113#
53
1959 A
Mar
108
85#
102
75
{♦Consol gold 5s
13
105
58#
♦Ref & gen 5)4s
100
88#
55#
108
A
Canadian Nat gold 4!4s——1957
,
"58#
Jan
Jan
Jan
Dec
May
87
6#
6#
80#
60
Jan
6%
104# 106
80
8%
30%
%
45% Jan
247j Mar
10
6
83#
*80
O
California-Oregon Power 4s...1966 A
Canada Sou cons gu 5s
6
5#
1952
Consolidated 5s
........1955
Bush Term Bldgs 5s gu
1960
3%
Dec
18#
107# 108#
75
O
♦Certificates of deposit
Bush Terminal 1st 4s
Celotex Corp deb 4J4s w w... 1947
♦Cent Branch U P 1st g 4s.... 1948
Feb
10
...
Stamped modified (interest at
Dec
16% June
93
J
Dec
29% Jan 29
24% Jan 16
10% Feb 10
MN
1%
32
5
101)4
MN
Aug
75
75
3
F A
Celanese Corp of America
10
77#
71#
Cart & Adir 1st gu gold 4s
7% Aug
42% Nov
J,
73
41
4
37% Jan 16
8% Jan
"73
35
Jan
%
87#
75
35
83% July
89% July
%« Nov
78
85#
Buffalo Rochester & Pgli
141% Jan
23% June
111% July
120% May
*
233
cons g 5s...1945
1st lien & ref 6s series A—..1947
Debenture gold 5s...
..1950
1st lien & ref 5s series B
1957
Buffalo Gen Elec 414s B__
1981
Jan
6%
*86#
43
18#
108#
1st
Buff Niag Elec
75
89#
1
75#
Jan
11% Nov
78
78
,
"•rn
39#
17,#
107#
107%
*100#
86
115% Feb 13
7
78
102# 102#
102#
*102#
F A
M S
MN
A O
J J
MN
Bklyn Un Gas
126% Jan
27% Jan 3
3% Jan 13
J D
Jan
Jan
Jan
136%
5s A C
1st M 5s series II
♦Mobile Div 1st g 5s
90
152
22
112
Jan
2% Jan
Jan 30
109#
67
100
104# 105#
104
105
89
Jan
164%
6
1% Jan
4% Jan
107
107%
10%
18%
117
44
3% Jan
32% Jan
"42
Nov
Bklyn Edison cons M 3lis—.1966 MN
Bklyn Union El 1st g 5s
1950 F A
Dec
120% Feb
Jan 2
82% Jan 23
% Jan-5
7% Jan 20
5% Jan
105#
104%
MN
1955
1910
t5*Carolina Cent lst
par
Cleaner
Evans Products Co
.—5
Eureka Vacuum
44% Jan
107% Feb
par
par
par
{Erie RR common w l.No par
Ctfs of benef Int w l..No par
Erie & Pitts RR Co
78
%
;
28%
Elec Storage
Service
200 z- $5 preferred
.....No
100
$5# preferred-.-.—No
80
$6 preferred
...No
Equitable Office Bldg_.No
2,700
81
4%
preferred....-.--No par
preferred..
No par
Endicott
72
*77
Light-No par
1.200
67%
*69%
65
Am shares...
Electric Power &
6
Feb
Apr
Electric Boat..
29%
25%
31%
9%
160
20% Jan 2
11% Feb 10
$7
3% Jan 14
6
Feb 13
Elec & Mus Ind
12% Dec
2% Dec
15% Jan
Jan 13
Jan 29
29
100
Dec
1/111% Sept
176
171
4
700
Dec
59%
Jan
100
5
3
£9%
141
200
1,200
13% Jan 21
70% Jan
124% Jan
2% Jan
129% Jan 22
14% Feb
2,200
1,600
May
32% Dec
17
May
105
8
Edison Bros
Manufacturing Co
Stores Inc
Electric Auto-Lite (The)
41
Api
7
Jan 29
3
Eaton
21%
Feb 13
Jan
28% Sept
30's Aug
18% Jan
14
July
6% Aug
% Aug
Dec
12% May
65
Dec
Jan 22
9
10% Jan
700
11%
2
76%
19
3
Oct
Jan
Dec
678
Jan 12
2,000
21%
17% Jan
36
14% Jan
Sept
11%
23% Apr
20% Sept
2978 Jan
9
2
131% 131%
.
9% Feb
32% Jan
59% Feb 13
109% Feb 10
18
114
33
27% Jan 19
8% Jan 21
5% Sept
2L
20% Jan 28
113% Jan 15
6% cum preferred
Feb
%« Sept
16% Dec
12% Dec
Feb 13
16%
70
Dec
2%
19
8% Jan 21
16% Jan 10
Dec
6
2
*170i4 174%
29
29%
*14%
15
30
Apr
9%
Jan
pf.100
Inc——...1
5
27
% Jan 27
%j Jan 23
Co.-.20
No par
Kodak (N J).No par
Feb
11% Jan 16
10% Jan 28
4% Jan 27
144
Mills
Eastern Rolling
Eastman
3% Jan
Apr
18%
24%
28% Jan 12
2
62#
100
.....
5
120% Feb 11
122% Feb 11
Duquesne Light 5% 1st
Eastern Airlines
Jan
8
Jan 14
2
27% Jan 6
10% Jan 26
7
Dec
6%
109% July
Jan
8% Jan
20
10
Delaware & Hudson
100
Delaware Lack & Western..50
{Denv & R G West 6% pf.100
Detroit Edison
20
Preferred...
Duplan Corp.....
9%
119%
121
122%
115%
Jan
Dec
14%
3
11% Jan 19
110
7% Jan 30
21
Feb
16
7
Jan 12
10
108% Jan 29
Dunhill International
*112%
120%
122%
115%
*2%
15% Jan
Chemical Co (The).
& Lt4#% pf.100
Records Inc...
1
& Co
.No par
2%
3% Jan 10
Jan 22
3
5
-25
39
65#
.
104#
2
Corp
5% preferred
39
104#
104#
J
A
39
*100
104 ?4
A
J
*36
Jan
45
16
5
Jan
Jan
45
7% Feb 10
Deisel-Wemmer-Gilbert
1
5%
23%
Jan
17%
18%
9%
25%
83%
16% Jan 27
400
3%
*3
*8%
Deere
:
28%
25%
32%
7%
103#
105)4
103#
106# 108#
107
108#
107# 109#
38
111#
Dec
77
12%
% Jan i3
14% Jan
Dayton Pow
%
9
Jan
Davison
1
78
—
Davega Stores
28%
25%
*31%
26%
22%
10%
223
104#
127% Sent
Jan 26
14
-1
Cusliman's Sons Inc 7% pf-100
$8 preferred..—-..-No par
Cutler-Hammer Inc...No par
11%
0
32
263.i
*91
107%
108#
niw
Jan
Feb
Feb
83
11% Jan
Dresser Mfg
2,700
14%
*14%
25%
3134
26%
95
10714
J
Jan
98% Jan
13% Nov
8% Sept
1% May
3%
74% Jari
900
500
1,200
1
110
no
14%
*%
32
107-
107 H
J
47%
73%
9
2
107
Oct
28
Jan
Jan 16
120
73
D
Jan
79% Jan 2
13% Jan 14
5
107)4
D
Jan
38%
27%
45%
36
10
10614
1955
July
Jan
11% Jan 26
88% Jan 15
Jan 23
10% Jan
7% Jan
Jan
1
107
1960
Conv gold 4s of
Jan
4%
Ds
88
5
42
100#
Rocky Mtn DiV 1st 4s
1965
Trans-Con Short L 1st 4s.-.1958
Conv 4s of 1905-
Central Illinois Light
33%
1995
1995
Adjustment gold 4s
Dec
18212
It
3
41
Feb 11
30% Feb
Feb
19% Feb
2
Jan 22
£83
900
60
12
59%
6012
110
1,400
"loo
_
33%
Fe—
.1995
Atchison Topeka & Santa
Jan
£54
Mar
2%
14% Jan 12
2
27% Nov
23% Jan
18% Jan
56% Sept
Dec
% Feb 11
10% Jan 10
Co...2
Distil Corp-Seagr's Ltd.No par
5% pref with warrants.. 100
Dixie-Vortex Co
No par
Class A..
No par
Doehler Die Casting Co No par
Dome Mines Ltd
No par
Douglas Aircraft
No par
Dow Chemical Co
No par
35
20%
12
,72
*76% 80
*%
%6
6
6%
4%
5
39%
39%
2
9
20%
12
*69
6%
41%
.:
107% 107%
72
*%
2%
49
66
*76
6l2
6%
78
*2
25
28%
25%
2%
8%
878
35
20%
12
25%
*48%
390
36t4
17
25%
107% 108%
5,900
19
*73%
30
♦48% 49
107% 107%
300
24%
17%
27
25%
8,400
9,200
37
2%
29
100
603
76%
9
29
*31
*%
6%
25%
1,000
17
*8%
*33%
20%
Dec
6
39
Class A..—
7,700
*737g
26
73
76%
25%
26
3%
300
28%
11%
9% 'V 9%
*%? M %
1734
18%
*114%
.
60
26
26
*36%
9%
48
5
16% Jan
Curtiss-Wright. .......——I
Conv
"066
22%
22
28%
*10%
19%
2934
68
76%
*114%
*15%
16%
*10%
10%
*10834 100%
*7%
7%
4 ;'ir 4%
2%
27g
27«
132
134
134
132%
13184 133%
174% 174% *170% 174% *170% 174%
30
30
*30
30%
29% 29%
15
159V 15
14%
14% *1478
21% 22%
21% 2178
22%
22%
12
1134
12
11%
12%
12%
3;
*%
*%
7,
*%
7L
*1
:;-5
1
1
1%
1%
2%
-.*72
...
Birthday
100
3%
l
3
3
*3
3%
*3%
3%
*3
9%
9%
*8%
*8%
9%
*8%
9%
*112% 119% *112% 119% *112l2 119% *112% 119%
124
123
12434 121
120% 121%
124% 124%
*123
124
123% 123%
124
124
122% 122%
*114
*3
4%
4
110
109% 110
14%
21%
*28%
*10%
8%
7%
22%
2834
*%
20
*17%
*7%
Apr
Jan
D
3%
108% 108% *10834 109% *10S34
15%
Sept
4%
"
Lincoln's
*3
*3
3%
Feb
14
6% Jan 12
preferred
(The)...No par
Preferred..
...No par
Prior preferred....—No par
4V$%
Closed—
3%
17%
Jan
Curtis Pub Co
300
734
25%
'83%
47%
.
25
Stock
47%
16%
7%
15% Exchange
15%
Jan 16
30
5
100
Co
Cuneo Press Inc
160
17%
*15%
16%
7%
24%
2,703
°tc
16%
24%
Jau
45% Sept
100
5#% conv preferred
Cudaliy Packing
10
95
%
17
7%
40%
10
95% Jan
2
1955
C (Del)......^1957
4s B_.
35
68%
102#
100J4
Ref g
916
«H
109% Nov
Feb
12% Jan
....
11%
14%
6% Aug
Feb
8
Jan
Jan
Dec
90% Jan 23
No par
Crown Cork & Seal
No par
$2.25 conv pref w w. .No par
Crown Zellarbach Corp.-..-5
$5 conv preferred
No par
Crucible Steel of Amer.No par
5% conv preferred..
100
Cuba RR 6% preferred....100
Cuban-American Sugar...100
Preferred.——
100
""~4()0
86
*82
13
Jan
6%
33% Jan 26
102 M
16% July
Dei
79
55% Jan 9
174
Jan 24
3% Jan 5
7n Jan
-1
25
pref...100
Corp (The) .2
106%
21% Dec
7
8
104
105# 107#
59# 69#
101# 104#
97# 101
J
Oct 1 1946) due
11%
11%
78
%
%
Dec
2%
52 % Feb 10
Crosley Corp (The)
*1778
678
18%
91
63
Jan
6%
*14
*9
3
Coty Inc....
*1438
03%
37
Jan
7
14%
*25%
Jan
164
Preferred
14%
*91
•
30
100
1
Corn Products
7
*14
*15%
Trust Co..20
Refining
25
5% series
Corn Exch Bank
400
3
3
Jan 21
6
*14%
78%
*11
11%
*108% 109%
7*8
758
18
Dec
Jan
2%
24
2
100»U
103
8
>4
107)4
O
A
Armour & Co (Del)
7% July
30
July
De
11
Jan
100
7
deb 4^8—1950
Jan
♦Anglo-Chilean Nitrate deb—1967
Q ./
tAnn Arbor 1st g 4s__._...... 1995
M S
Ark & Mem Br& Term 53—1964
6% May
9% Nov
Feb
93
3
3%
Feb
14
3% Jan 16
2
1,260
%
7
2
103
10614
6514
10214
Founders conv deb.-1950
MN
Wks& Elec 6s ser A._ 1975
Anaconda Cop Mln
Jan
35%
42
2
Jan
94
14%
11%
Am Wat
Jan
19% Jan
12% Jan
51% Jan 30
2
Feb 10
10% Jan
1
Dec
Dec I.
5
27% Jan 20
8% Jan 15
7% Jan
5
50
Jan
,
2%
3% Jan 15
103% Jan 2)
2
3% Jan
20% Jan
Feb
13t2
2
49
2,700
200
Jan
38
Continental Steel C>rp.No par
Coty Internat Corp
Crane Co.-.
- —
Crane Co 5% conv
30%
97%
103
100
103
1956 M S
Am Type
8% July
23% Jan
Dec
107% Jan
1% July
Dec
July
Dec I 11
1%
96% Jan 15
9
23% Jan
20
Continental Diamond Fibre.5
Continental Insurance..-$2.50
Continental Motors
1
Continental Oil of Del.
5
400
Feb
98
100
Continental Can Inc
500
29
12% Feb 10
2% Jan 2
Continental Bak Co...No par
8% preferred
Jan 21
93
America.25
Container Corp of
7
8% Jan 13
5% Feb o
22
6% conv preferred
100
Consumers Pow $4.50 pfNo par
50%
30%
172
2
2
6% Jan 29
6% Jan
Consolidation Coal Co
1078
1078
30%
5234
53%
172
172%
52%
5% Jan
6% pf.100
2£
Consol RR of Cuba
18%
18
31
5234
172
Jan 30
6,600
*49
30%
2%
600
5034
*49
3
4,900
2178
21%
2134
18%
11
21%
*18%
*1034
1% Jan
1,300
3%
3ti
3%
8
150
84%
:
100
Teleg—
10
Jis debentures.
.........1961
J D
3^s debentures....
....1906
3s conv deb-^—w.......
High
103
3
Dec
14
7
1
No. Low
Dec
£82
Jan ifi
94
Jan
400
33%
33
33%
3%
4
%« Jan
3,600
7%
734
734
734
Feb
9
5,700
2 534
v
7
700
2%
2%
234
98%
25
3%
*77%
Dec
4%
11%
Jan 14
7%
14
2
59)
11%
May
9%
•i» Jan
4,709
32
Dec
90
7% Jan
%
86%
77
12% Jan 2
85% Feb 11
.No par
Industries
1
1374
31%
Dec
Feb 10
6
Cor p.. .5
$2 partic preferred. ..No par
Cousol Laundries Corp.
5
93
11%
18%
18% Aug
23% Dec
15% Jan
Dec
88% Feb
97% Feb
2
13%
Consolidated Oil Corp .No par
""500
12%
40%
3%
94% Jan
$5 preferred
Consol Film
I'm
13%
12
*3
Jan
Consol E lison of N Y..No par
93
83
83%
12%
86
2%
98%
18%
24%
Jan
4
Jan 15
13%
82%
,
30%
Dec
2% Nov
16% Jan 13
21% Jan 3
11% Jan 27
Jan 17
92%
*11%
*
20
10
%
*131
134
8,600
12,300
*12
7%
18%
8%
'8*s
*131
0
83
13%
*84
1134
6%
200
*39%
11%
23% Jan
3% Jan
No par
Cigar
92%
14%
32%
78%
11%
Feb 11
7
'Since
Jan.
High
Q
American Telep
65% July
7% preferred
....100
6>4% prior preferred... 100
%
40'34
*78
95%
40
13%
93%
18*4
11%
17:
10%
90
14,200
13
*9314
*8212
39% Dec
21
Range
or
Low
1942 M S
debs..1951 F A
Allis-CJialmer8 Mfg conv 4s...1952 M S
M S
Am & Foreign Pow deb 5s....2030
AfN
Amer 1 G Chem conv 5J^s
1949
J
Am Internat Corp conv 5^8—1949 J
Jan
g
6
2% Jan 22
Co isolidited
«i«
•
»sj Jan
14% Jan 2
16% Feb 10
20
Jan
44% Jan
Inc.No par
Consol Aircraft Corp
1
500
Oct
37% Jan
2
Coigoleum-Nairn
*89% ' 92
38
*1
9% Jan 10
Conde NastPublnc.-.No par
93
*39t8
32
Commonwealth Edison Co.25
900
3%
7'2
1834
*
9*500
13%
*7
*7%
21%
278
1578
"
13
102% JiU2f
%6 Jan
$6 preferred series...No par
91
174
3%
900
3%
.3U
.">8
1334
94
1478
*3%
13%
52%
*172
172
Dec
100
Jm21
Mar
31
104%
38% Feb 13
9,500
800
31%
52%
30%
5278
52%
172
173
173
31 "s
%
25
8% Fib 10
102
& Sou_.No par
Commonw lbli
2
Price
a.
Allied Stores Corp 4)^8
"11% July
27
50%
*49
50%
31%
Dec
27
1078
*50%
3134
53
3U2
7%
co »v
$4.25 conv pf ser *35.No par
27%
18%
10%
11
51
*50%
18
11
*18%
Ills
11'8
110
Commercial Solvents..No par
1,309
2,200
3*8
22
22%
19
*18
3%
2158
3i8
20%
~3~6j5
13", 665
38
38
5,000
Dee
Dec
5
7%
7%
8
38%
3%
23
1834
Dei
19%
57S
2538
25%
8
38%
8*4
*8
387s
Dee
96
5
*89%
92%
12%
12%
2%
3
99% 100
2578
25%
26
26
16%
3
Feb
*27
*91%
3
3
3
10212 *100% 10178
3
*101
5
98% Feb
Jan
7%
4%
12'2
18% Feb
Jan 16
5
6%
5
27%
*1238
2
94
7
6%
2734
preferred.No par
10
$2.75
634
478
5 '8
93
28% Aug
4#% convpreferred—100
932
*9lj
*134
2
"h
Friday's
Bid tfc Asked
Allegh Val gen guar g 4s
Oct
Comm'l Invest Trust..No par
Commercial Credit.,
8%
*134
534
6%
94
16% Jan
7%
100
33%
12%
8%
8%
8%
534
29
27
Apr
8
July
83
4% May
24
8%
478
27
*9312
5%
21%
85%
2
534 ,.5%
5%
27%
93%
6% Jan 27
26% Jan 29
6
'»!«
*»l|
7%
7
5%
2
1,500
21%
*2%
*15%
16%
10%
*83%
*92%
6%
12%
86
12%
85%
,l18
13
*8612
72
5% Jan
1st
12%
85%
*®l#
M
7
No par
Jan
Range
Sale
share
per
Dec
64
Jan 29
66% Jan
Columbia Pictures
25%
%
33%
90
95%
$ per share $
$ per share
$ per share
Columbian Carbon Co.No par
390
18%
18%
*98% 100%
23% 24
*101
104%
8%
.8%
39%
21%
40
Par
700
200
*25
8%
hi
8%
8%
•%
38%
8%
Last
EXCHANGE
STOCK
Y.
Hlyhest
Lowest
Highest
6%
*3
104%
1045s *101
*101
la. 21%
21
,
18
Lowest
71%
*70%
*97% 103%
23
23%
834
*.u
39%
40
f.
*25
17%
110
%
f
25%
18
2538
N.
EXCHANGE
Shares
$ per share
6%
26%
18%
*97% 100%
23%
23%
(1941)
Railroad & Indus. Cos. (Con.)
70%
"6
Year
Week Ended Feb. 13
Week
13
Feb.
12
S per share
*70%
'
8
8%
>
17»4
*100
110
*100'
26%
17%
Feb.
,6%
6
>98 1/98%
23% 24
211 j
r»; 24%
S per share
71
70%
71
6%
Rame Since Jan. 1
On Basis of 100-Share Lots
(he
Friday
Thursday
Wednesday
Feb. 11
$ per share
share
*6
99
_
per
70%
70%
6«2
26
18*4
70%
'
•Tuesday
Feb. 10
Monday
Feb. 9
Saturday. I
for
BONDS
Range for Previous
STOCK'S
NEW YORK STOCK
Sales
SALE PRICES
LOW AND HIGH
('Hi/'.\V lp:' v
O;/'i
Tuesday, February 17, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
*
(716
'
:
■
15#
13#
107#
16
12#
13#
13#
107#
107
16
13#
107#
Volume .155
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4047
NEW YORK BOND RECORD
Friday
BONDS '■/
Last
N. Y. STOCK EXCHANGE
Week's
Range or
Friday's
-
Sale
NEW YORK STOCK RECORD
LOW
Range
Railroad & Indus. Cos.
Price
Bid
Low
(Con.)
Cent Pac 1st ref gu gold 4s...1949 F
-
•
Monday
Feb. 9
Tuesday
Feb.
10
-
Wednesday
Feb.
11
Thursday
Feb.
12
Friday
Feb.
*10514
is. t deb 4%'s (1938 Issue).—1050 M S
102 %
102%
.
Chesapeake A Ohio Ry—■
General gold 4 Ms.
54
77%
%
1,100
57%
300
80
82 M
200
85%
86%
100
1,800
1989 ./
.
4%% conv preferred
Fcrro Enamol Corp
$4.50 preferred
Florence Stove Co
J
J
R A A Div 1st con g 4s
No par
Q—111 Dlv 3 Ms 1949 J
O
3 M« registered......
1949
Illinois Division 4s
1949 J
J
4s registered..——-.-—-1949 __L.
General 4s.........j......1958
1st A ref 4
41
*35
*36
1/ P
*16%
A
*93
1997 J
85
Feb
11
Jan 19
3
6
41% Jan
3
"iV^'ian r3 r T6~VFeb *?
90%
35%
91.)
95%
18
9
Jan
Jan 2
Jan 2
Jan 31
Jan 3
21% Jan ?7
9 2
7
Feb
39% Feb 3
10% Feb 5
9fii2 Jan 15
20
-
6
Jan
21% Feb
5
5% Jan 13
4
Feb 10
Feb 10
33
Feb 13
32% Jan
10
10% Jan
$7 conv prefer red ...No par
Francisco Sugar Co....No par
41
Freeport Sulnhur Co
10
Fruehauf Trailer Co...
.1
94%
5% couv preferred
116
2
Jan 21
8
Jan
*35*
Feb
2
Jan 13
5
12% Jan 26
118
Jan 23
10% Feb
7
16 ^r88%:Jan
"3
F'k'n 8lmonACo Inc 7%
pf.100
35%
17%
*91
93%
7
Feb 10
9»4 Jan 3
37»2 Feb 13
30
*38
17%
1971 F
1st A ref 5s series A
9%
I8is Jan
Feb
84
30
35%
*16%
36%
,
A
J
He series B..._...1977 f
Chicago A Eastern 111 RR—
♦Gen mtge inc (couv)
9%
Highest
4
10
Machinery Corp
Foster-Wheeler....
*117% 130
4% Feb
100
5% conv preferred
11%
*11712 130
9% 10%
11%
J
.
2
16
100
.No par
Lowest
$ per share
3% Jan
;..l
Fiorshelm Shoe class A.No par
Follansbee Steel Corp
10
Food
Chic Burl A
■Year (194!?
Highest
$ per share
Fidel Phen Fire Ina N Y .12.50
Fllenes (Wm) Sons Co.No par
J
2d consol gold 4s...
1989 J
♦Chic & Alton RR ref 3s—.1949 A
..
.
Firestone Tire A Rubber... 10
Ref A impt mtge 3 Ms D
1996 MN
Ref A impt M 3Ms ser E...1996 F A
.1946 ./
'
Par
Federal Motor Truck..No par
Federated Dept Stores.No par
6% preferred series A... 100
First National Stores. -No par
Flintkote Co (The)
No par
...1992 M S
Potts Creek Br 1st 4s...
Lowest
Shares
70
Range for Previous
On Basis of 100-Share Lots
13
1C5'4
76%
Range Since Jan. I
STOCK
EXCHANGE
High
A
Through Short L 1st gu 4s. 1954 A O
Guaranteed g
—1960 F A
Central RR & Bkg of Ga 58.1942 MN
Cqrtain-teed Prod 5He A...1948 M 8
Champion Paper A Fibre—
S f. deb 4%» (1935 issue)...1950 M S
*60
<
STOCKS
NEW YORK
Saturday
Jan. 1
Asked
<fc
SALE PRICES
Since
Feb. 7
Week Ended Feb. 13
AND HIGH
100
16% Feb
92
2
Feb 10
19
3
Jan
94% Jan 28
Chicago A Erie ,1st gold 5s
1982 1/N
Chicago Gt West 1st 4«4 ser A. 1988 / J
♦Gen inc mtge 4M»
2038 J
t*Chic Ind A Louisv ref 6s.
♦Refunding g 5s series B
./
1947 J
Chic
5s
gen
gen
Ind
A
6s
scries
J
A...1966
6% preferred
B..May 1966 J
May
1
♦Mtge
5s series A
g
♦Conv
5s
adj
J
J
j
j
J
..Jan
1
9M
2000 A O
*86
17%
*1%
J
*82%
83"
*130% 131%
J
1952 M
Ch St L A
New Orleans 5S..1951
12%
.8
/
-.1951 ./
Income
5s....Dec
guar
1
10
General Refractories...No par
75%
9%
75%
General Shoe Corp
1
Gen Steel Cast $6 pref..No
par
Stock
Closed
1st
,':
3%8 series E....1963 J
1st mtge 3.Hs series F
l!)63j
mtge
Chic A
West
Lincoln's
J
j
Indiana con 48.1952 J
M 4%'s series D..1962 M S
Chllds Co deb 5s—.-1943 .4 O
con
1st
mtge 3 Ms
..1967 ./
Cin Un Term
con
gu
6% preferred
100
General Tire A Rubber Co...5
Gillette Safety Razor..No par
$5 conv preferred
No par
A
107 M 108 M
D
110% 110%
103& 102%2
108 >4 109
4s.1942 MN
1st gu 3 Ms D—1971 J/N
1st mtge gu 3Ms Her E
Clearfield A Mali 1st gu 5s
1969 F
A
1943 j
Gold A Stock
50
1993 J
D
Graham-Paigo Motors
1
J
Granby Consol M S A P
5
J
Grand Union
Div
Cleveland Elec Ilium 3s
Cleveland A
tic
1
dlv ctfs.No par
Without dlv ctfs
No par
1st coll tr g 4s.. 1990 MN
1970 J
J
Granite City Steel
Grant (W T) Co
Pittsburgh IIR—
4 Ms series B
w
10
5% preferred
20
1042 A O
Series C 3 Ms guar
Series I) 3 Ms guar
Gr Nor Iron Ore
1942 A
Series B 3M» guar...
Great Northern prer...No par
0
Prop..No
par
1948 MN
1950 F A
.1977 F A
Gen 4 Ms series A
Geo A ref 4M« series B
1981 J
Great Western
Sugar..No
Preferred
J
Cleve Short Line 1st gu 4M8.1961 A
Cleve Union Term gu 5 Ms
1972 .4
1st
s
f 5s series B guar
1st
s
f 4
1973 .4
M» scries C
..1977 A
1st gu 4s
O
Inc
1
5M% conv preferred
O
Gruinman Aircraft
(
Guantanamo Sugar
D
Coin Fuel A Iron gen s f 5s..1943 F
•5s income mtge
1970 .1
O
10
Corp
1
Debenture
E deb 5s.May
5s
15
Apr
1952 .4
*24%
Commonwealth
Edison
1969 May
Co—
1st mtge 3 Ms series I.
1968 J
Conv dobs 3 Ms
Conn
Conn
...
—
D
.1958 J
J
10
*32%
*9%
10%
*76
A
Pasump Riv 1st 4s..1943 .1 O
Ry A L 1st A ref 4 Ms. 1951 J J
Stamped guar 4 Ms
Conn Riv Pow s f 3%'s A..
*24
33
88
*1.%
1951./ J
1961 F A
3 Ms debentures
r
Consol Oil
conv
{♦Consol Ry
deb 3 Ms
158
J
-
1st mtge 3 Ms
1st
2
Jan
Feb 10
45
5
7
79% Jan 19
Jan23
Jan 6
Jan 7
Jan 3
Jan 12
20
5
Jan
12% Jan 10
16% Jan 16
109
Jan 3
8% Feb 6
3% Jan 15
5
48i" Jan
2
5% Jan 20
Jan 10
65i» Jan 27
Jan
12% Jan
37% Jan
14% Jan 29
44
Feb 4
2
2
J%2 Jan
3
Jan 30
2
2
2% Jan 29
82
Feb 13
Jan
79% Jan 28
£58
Jan
j
Jan
25% Jan
Dec
59
Dec
3
1
June
6
25
June
1
Feb
2
Jan
9
7
Jan 13
8% Jan 14
31
Jan 13
25
Feb
3
16% Jan
2
Jan
Apr
Dec
10
7% Jan 12
2
2
2
139
11%
54
5>"
6% Jan 27
6% Jan 2
27% Jan 10
23% Jan
15% Jan
21% Jan
Dec
Jan
2% Jan
2
2
9
7
Dec
Dec
67
7
% jau
4% Jan
•it
2
80
15% Jan 14
60% Jan 20
13% Feb 5
09% Feb 7
10% Jan 2
60% Jan 2
1% Jan 20
5
25% Jan 27
28% Jan 27
2
143
28% Jan 28
11% Jan 21
33%
12%
11%
14%
3%
10% Jan 14
11
Feb 10
2
20% Jan
2
v-r
1965
1967
3M»a-- —--------1970
...1966
.1969
Crane Co 2%s s f dt-bs........l950
Crucible Steel 3Ms s f debs..1955
mtge
mtge 3 Ms
For footnotes see page 723.
37
Hackensack Water
2
Jan 14
Jan
Feb
3
4
Feb
Jan
6
6
7>
Jan 29
Jan 3d
4
2
25
24
25
32
10
9
Jan
Jan 24
29% Jan 24
3
Hamilton Watch Co...No par
9
Jan
2
7% preferred class A
Hall Printing Co
Harbison-Walk Refrac.No par
6% preferred
100
Hat Corp of Amer class A...1
6M% preferred
100
2
Hazel-Atlas Glass Co
*155
158
*124% 126%
Jan 29
Jan
3
6% preferred..
100
104% Jan 3
Hanna (M A) Co $5 pf.No par £102
Feb 11
25
Hecker Products Corp
Helme (G W)
12%
*12%
*11%
*6%
1st mtge 3Ms...
1st
3
19% Jan
10
Feb
Preferred
1
25
^,——.100
14% Jan
2
145
Jan 28
4
Jan 19
80
Jan 29
1% Jan
90
2
1% Jan 6
93% Jan 19
Feb 11
5% Jan
2
53'" Jan
3
57
5
156
154
Jau
107 %
107M
*108M
109 %
108
109M
106%
110
106M
108
108M
100
%
92 M
101 %
93,
*17.V
*U5
13%
12
16%
7
17%
;
....
37%
37%
33%
934
41% 41%
*100
104%
*3
3%
*33% 34
*32%
*9%
For footnotes see page 722.
1% Dec
76
7
Feb 11
Feb
6
June
5
6% Jan
Dec
50%
150
Dec
Dec
Hercules Motors
No par
11% Jan 30
Hercules Powder
12% Jan 13
10%
Apr
No par
66
Feb 13
72
65%
Dec
125®>Feb ^9
128
6% cum prefefred
Hershey Chocolate
$4 conv preferred
100
No par
34
97
Feb 11
Hlnde A Dauch Paper Co...10
Hires Co (C E) The
10
Holland Furnace (Del)
10
Hollander A Sons (A)
5
Holly Sugar Corp
No par
7% preferred
6
Homestake Mining
12.50
par
...No par
Household Finance
5% preferred
Houston Oil of Texas
Howe Sound Co
No par
100
v
t C..25I
5|
2
Jan 21
5
1123% May
33% Dec
99% June
40% Jan
5
2
13% Jan
2
17% Jan 27
6% Feb 11
Jan
14% Jan
13% Jan
6
2
100
Houdaille-Hershey cl A.No
Class B
13% Jan
11% Feb
14% Jan
Jan
102% Jan 12
Feb 13
No par
J
Power Co—
3Ms--.
16%
11%
14%
108%
7%
48% Jan
2% Jan
Hayes Mfg Corp
66%
*16%
1st mtge
84
*66
67
*97V 99
J
Consumers
*76
*11%
*36
J
Consolidation Coal s f 58..——1960 J
85
12%. 12%
*125% 126
1951 J D
1951 J
non-conv
deb 4s
.
J
♦Debenture 4s
1955 J
•Debenture4s!...1956 J
*76
67
O
.1958 J
85
*9%
60
*155
O
1956 .4
3Mh debentures
1948 A
25
*32%
6%
*55
1946 A O
....
*24
93
*6
.8 Ms debentures
*76
33
10
1%
*90
Consol Edison of New York—
3 Ms debentures
26
33
*32% 33
10
9%
93.j
*10%
11%
10% 10% *10%
10%
11
106
106% 106% "106
1061106% *101% 106%
*102% 101
*1021.) 105
£102
*102% 105
102
;
15% 16:
15% 16% £15% 15%
15%
16
*1441 •> 148
*144% 148
*144% 148
*144% 148
*3%
*3%
4
4%
*3%
4
*3%
4
Tol 1st ext 4s.. 1955 F A
♦Commercial Mackay Corp—
W-.i.Apr 1
26
*32%
Columbus A
w
16% Feb 11
8% Jan 2
70% Jan 2
Jan 26
J
*9%
deb
%8 Jan 20
27
O
Columbus A H V 1st ext g 4s_1948 A 0
Columbus A Sou Ohio Li 3%s 1970 M S
Income
2
Jan 10
1952 .1/ N
—1961./
Debenture 5s
5
% Jan
24
100
No par
♦Colo A South 4Ms series A..1980 MN
Columbia G A
3
2% Jan
Gulf Mobile A Ohio RR No par
$5 preferred
Jan 14
l* Jan
12% Feb
No par
8% preferred
A
108
100
Greyhound Corp (The).No par
O
1945 ,/
par
100
Green Bay A West RR
Green (II L) Co
Coaf ltiver Ry
No par
6
2
2
4 Ms series E..1977 J
Ref A impt
3
2
8
100
6
Jan
Jan
Jan
No par
Jan
30
Jan 16
%« Jan
11
Jan
Cin Wah A M Div 1st 4s... 1991 J
St L
105
13
No par
6!
34% Jan
126
5% Jan 31
56
Preferred
31
7
No par
$5 conv preferred
Gotham Silk Hose
9
Jan
5% Jan
5% preferred
1.No par
Goodyear Tire A Rubb.No par
112
Clove Cin Chic A St Louis Ry—
General g is......
1993 J 1)
General 5s series B
l
1
Telegraph Co 100
Goodrich Co (B F)
j
112
2
Jan
83
131% Feb 10;
3% Jan
5
M % conv preferred
5
20;
0
60
4
Jan
2% Feb
No par
Gobel (Adolf)
Goebel Brewing Co
"
102
9
Jan 23
$6 preferred
No par
Glidden Co (The).....No par
5s. 1952 M N
Cincinnati Gas A Elec 3%'s..1966 F
Cin liCb A Nor 1st
Eq Corp..No par
Gen Time Instru Corp .No
par
Gimbel Brothers..
Birthday
J
1st A ref
{♦Choctaw Ok A Gulf
General Telephone Corp...20
Gen Theatre
Exchange
/)
1960 M 8
Chicago Union Station—
25
5
1% Jan 15,
5
Jan
30
6
16,
401" Jan
116
Feb 10
Jan
Jan
28% Jan
123% Jan 28
1
$6 pref opt dlv serles.No par
D
—
No par
Gen Realty A Utilities
18
D
Gold 3H8-..-4-
127
2
Jan
81% Feb
No par
Signal...No par
6% preferred
100
D
Memphis Div 1st g 4s
1951 J
Chic T H A So'eastcrn 1st 5s. 1960 J
9
Jan
90
1
Gen Railway
28
*17%
1960 J/N
9% Jan 14
90% Feb 4
2 5 19% Jan
25% Feb 10
129
Jan 20
3% Jan 15
3
Jan 28
Feb 10
17% Jan
1
5
Jan
119
3
7% Feb 10
....No par
Gen Public Service
%
*25
{♦.■Secured 4 Ms series A
10
General Printing Ink
$6 preferred
*104% 113
*1%J
%6
O
2
5%
*12%
J
♦Convg4Hs-
No par
No par
Gen Outdoor Adv A...No par
109%
*105
....
4
prer seriesA.No par
5% preferred..........100
General Motors Corp
$5 preferred
3
5% Jan 15
46% Feb 6
4% Jan 16
2% Jan
88
Jan 31
104
2
2
Jan
5
Feb
521" Jan 22
Feb 10
3
5
7
34% Feb 0
115% Jan 29
conv
Common
A
100
No par
General Mills
33%
124%
*25% 26
33%
2%
112
3
3
3% Jan
10
Feb 13
122
$6
*124
*5%
1034
2
7% preferred
100
General Electric Co...No par
26%
98
*%6
{♦Refunding gold 4s
Jan
4% Feb 13
2
No par
7% cum preferred
General Cigar Inc
1%
*90
...
♦Certificates of deposit.—....
4s ctfs registered..
'.1988
Class A
17%
116
*113
{♦Secured 6 Ms
1936 J/N
♦1st A ref g 5s
May 1 2037 J D
♦1st A ref 4 Ms stpd May 1 2037 J D
♦1st A ref 4 Ms C-May 1 2037 J 1)
♦Conv 4%s series A.
1949 m N
t*Chic It I A Pac Ry gen 4s.. 1988 ./
4b registered.......... 1988 J
Jan 20
General Foods Corp...No par
$4.50 preferred
No par
Gen Gas & Electric A..No
par
25%
♦Gen 5s stpd Fed inc tax.. 1987 MN
♦4 Ms stamtied... .•
1987 M N
F
8
89%
a-123% 124
—
{{♦Chicago Railways 1st 5s stpd
Aug 1940 25% part pd.,1927
21
41% Jan
3% Jan
$8 preferred
No par
General Bronze Corp
5
General Cable Corp...No
2'"
7^4
A
{Chicago A North Western Ry—
♦General g 3 %$.
1987 M N
3Msregistered.
..1987 MAr
♦General 4s
1987 M N
4s registered.
1987 M N
♦.Stpd 4s n p Fed inc tax.1987 M N
♦Gen 4%s stpd Fed inc tax 1987 MN
.
5
2% Jan
103% Feb
Gen Amer
J
.1975 ?
Jan
51
par
2
Jan
Transportation...5
General Baking
5
j
2% Feb
11
No par
J
J
$6 preferred
0
6% Jan 23
0%Jni26
5
50
Jan
Jan 20
Feb 11
3
10
5M% conv preferred
Gen Amer Investors...No
1989 J
1%
1%
9%
18%
1
5% preferred
Gay lord Container Corp
{Chicago Milwaukee A. St Paul—
♦Gen 4s series A
No par
Gar Wood Industries Inc
J
J
♦Cen g 3Ms ser B.May 1 1989
♦Gen 4 Ms series C.May 1 1989
♦Gen 4 %'s series E.May 1 1989
♦Gen 4%'s series F.May 1 1989
{Chic Milw St Paul A Pac RR—
20
Gamewell Co (The)
1/N
50-ycar 4s.. 1956 J
ser
Sou
Gabriel Co (The) cl A ..No par
Galr Co Inc (Robert)
1
./
1947 J
♦Refunding 4s scries C
♦1st &
♦1st A
J
.1947 J
5
9
12% Dec
12% Dec
13% Dec
534 Dec
18% Jan 30
9
Feb
£107%
Apr
35% Jan
6
38%
Feb"5
30%
27
3
34
Jan 29
24
Dec
Dec
"
Jan
8% Jan 2
38% Jan 2
103% Jan 12
2% Jan
31
Jan
2
2
10% Jan 29
7% Dec
3%
Jan
96
Sept
8% Sept
96
Jan
168
16-%
July
Jan
80% July
132% Oct
56*4 Jan
115
Jan
16% Sept
18% Aug
3084 Jan
9% July
16% Aug
115
Oct
52%
Jan
39
Jan
13>4
Jan
44
Jan 20
36
Dec
64
105
Jan 26
100
Aug
111
Jan
2%
Dec
5
July
26%
Apr
37%
3% Jan 14
34% Feb 3
I
Jan
Jan
*
THE COMMERCIAL & FINANCIAL CHRONICLE
718
Tuesday, February 17, 1942
NEW YORK BOND RECORD
NEW YORK STOCK RECORD
Week's
Friday
Monday
Feb. 7
Feb. 9
$ per share
$ per share
! per
*12
*2S4
3'"
3V
21
3V
llu
*i2
*284
Friday
f\* Feb.
S per share
20
Par
Manhattan
$ per share
100
1,400
5% preferred.
.100
Hud Bay Min <fc Sna LtdNo par
3V
ni6
2.500
Hudson Motor Car
7,000
tHupp Motor Car Corp
3V
V
"
Jan
2
I
Gee
,V F°b : 2
.
4
High'st
IV
Jail 12
Feb
'%
2
6
1534 May
3V Jan
2
378 Feb .5
2% Dec
47g
Jan
2
34 Jan 20
V Nov
V
21
<
.
9
-
*3v
16's
834
26
96
*93
17
8i->
8*2
26
26
*2584
7
1714
38i2
334
16
9i.t
*38 V
984
•
714
39io
334
16'S
678
16*4
381,
*314
1578
734
1734
-
'
26
*6ij
*8V
7V
129
*128
50
161
3,700
63.,
127
127
.100
Indian Refinin?
14V
3214 Jan
!
2
Jan
2
2V
F
14V Jan' 2
!
6V Jan 6
r 247s
Jan
8
I
10
i....
2
500
Industrial
93
100
Insrersoll-Rand.
i...No par
I
6% preferred
Inland Steel Co. :
*......100
i—No par
.155V Jan
6
70V Jan
2
T.ioo
71
Rayon..(...-Aro par
.
Jan
Jan 7
Inspiration Cons Copper...20 I 10
Insuranshares Ctfs Inc......l
6'i Jan 23
Feb 10
23 V Jan 27
130
8V
1,900
No par
Intercont'l Rubber
6,400
108V Jan
100
6% preferred—i
6V
125V 125V
4978
8,600
600
160V
Int
Jan
7
Interlake
500
21
Iron....!...No par
Business Machines.No par
8
2
10 v
Gee
125V Jan 13
9
j
Jan 14
2
151V Jan'5
Feb " 4
53
100 1157V Jau 16
1
Jan
46
deb...1055
Jan
*»i»
V
10'2
2i«
55V
2s4
28
10V
2i4
55I2
'
2734
*2
5512
2V
27's
129
129
131
*127
lo
"is
10
32
3178
3178
*35*3
39
37
37
59
59
5334
*178
21,
45t2
49
*473s
*44 V
13'.,
58 34
57
8
44
47V
27
10,900
preferred..!
—100
Minln<? Corp
I
Int Nickel of Canada..No par
100
13V
6,300
57V
*57V
2.400
*1V
2V
100
*43U
41
4738
500
44 V
270
4738
48 V
Prior
Intemat'l
Preferred
167V
Gee
57
July
170
Jan
200
International
400
Jail
28 V Feb
157
Feb 11
Apr
51
4
-.23
Dec
May
20
Dec
1'8
Apr
-
32i2
*37*2
3">V
*90
100's
2's
2I8
*2'8
21,
*90
21,
2
2'S
878
*2
2i8
2i8
87g
9is
97
9*4
291o'
*87g
*94i4
100 V
*90
*94
*90
2i8
2*4
2
Jan 12
Feb 11
46V Jan 36
32 V May
48 V
884
*94J.i
Jan
48 >4 Feb 13
38V
49
300
*8V
9
300
94V
94V
10
9V
200
9
♦
*8V
29
*28
29
2V
*271"
133
...
29
133
300
Inter <9 Telep <fc Teles. No Par
Foreign share ctfs...No par
Interstate Dept
Stores .No par
100
Preferred.—...u
2
14%
155
14%
16
1078
O
I
J
- -
-
vJ-i——*970
M
6
.
*578
611
57V
57»2
5512
22 V
6V
6
638
6I4
57
5434
*123
*61
*60*2
r,
6234
*60
*75*2
77*2
*75lo
76*2
74V
75V
*73
10
*Ji2
10
10
*9i2
*9*8
2238
21V
*60
-
10
400
31
Feb
26
39
Jan 26
27V Jan
2
35V Jail 13
Feb
5
IV Jan
Jan
2
25V
2
2V
|
2
i
8V Jan 28
193
Jan 21
Jan 30
9V Jan
95
Fib
•
M
J
55U
*122'4 125
1*266
21V
21V
4.400
*60
100
62V
*72
76'
-10
76
""366
100
10V
*9V
1
Jar vis (W B) Co
5V Jan
Jewel Tea Co Inc.....No par
FJb
25
.100
101
4
i...No par
Johns Manville
L
Pre ferred
"■■87
2
3% Sept
14
Sept
98
Sept
Gee
5% pref series A
100
5% pref series B conv..100
Minn Nor Glv
9*2 Aug
3334 Aug
Railroad Go—
Erie
I)
512
*11834
4*2
4V
20
20V
11
11-V
^.4U
2078
*11
100
100
*100
*7I2
734
*H
102
*1134
478
.12
478
5 v."
5V
*11834
*378
*118V
3V i"'4
4U
20V
7v
uv
4V
*1112
4V
:4"
20
*18V
20
II
*10
11
100'., *100
j7
7V
10014
7
■
;!
7V
*91
102
III
11
♦96
102
*11
12
*5V
•-
in
,,
Stock
534
-r
*4
*
700
-
•
>
4V
2,300
400
11
100
100
Closed —
20
*10
100
20
1834
Lincoln's
*11 V
1,100
7's
7;
*96
102
•«'-,
"
»
-
-
400
12
900
4%
4-V
Kalamazoo Stove & Furn.._10
P & T. pf ser B No par
Kansas City Southern.No par
4%
2
5
5V
6V Feb 13
33V Jan 5
5
|4
49%
Jail
9,
21V Feb 10,
;
Jan
61
,
Gee
I07's
59 V Jan
74V Feb
124
Jan
3
2
64 v Jan
79V Jan
3
94%
103%
A
0
107
107
23%
108%
109
J
11
s
Feb 10
•44
Jan 16
118
2V
Jan
2
16*2
Jan
2
i
10
" Jan 17
5% conv preferred....-...100 100
Kayser (J) & Co..4....
5 v.: 7
Keith-AIbee-Oroheum- pf.. 100
Class
B...
F ;b
7
Jan
7
Jan 16
4V
Jan 27
22
128
Feb
59-
Dec
27V July
67:
8V
Aug
86% July
61V Gee
14
Dec
*1234
131,
*12V
13
*27
28
*27
28
y
*2V
278
2V
2i2
12V
28
*27
*27
13
*121"
12V
"
Kendall Co S5 pt pf A ..No par
♦104V 110V
33-
33V
*12V
i"o"666
*27
*2U
35V
2V
3511
*3o3S
2078
21
Copper.I...No par
200
Kinney (G R) Co.^..
1
4
*3
4
4
*3U
4
24
24
24
24
•2334
23V
24 i,
21-
24
24
600
8
Jan
3
9
Jau
3
29
29
28V
2834
27V
28V
27
27V
27%
28
2,100
217S
21V
39
2134
2U4
9*4
Sept
12%
Jan.
105 H
MX
J
2V
*2V
21
100
38
6s... .1943
Coast Ist 4^a..-1950
Frauciaco Sugar coll trust
Jan
9.
Aug.
121 V.Apr,
;-
18
r.
8V
Jan
(las <k EI or
0i2
91,
9U
35
*25
35
♦13V
12i2
»12'4
12V
OV
*9
*18
♦23V
*103
9V
*9
19
*13
23V
111
109
2278
9
*24V
12 V
121.1
*12V
35
12V
9V
9V
*8»4
8V
*13
2278
22
22
22V 22V
1031., 103'., *108
111
3
3
3'2
3v
iv
iv
iv
iv
11
11-v
11v
103)
109
1-V
1278
13V
12
12V
*20V
2U,
3V
3V
IV
1'4
19
12lo
20V
12V
21V
13V
*3 9V
20"
19
19V
*10
22'2
22V
4V
22V
4rv
22V
22
4V
4'2
24
23 V
233.)
*22%
4V
*231.,
*71
72U
*69*2
*7278 74 "
*174
17912
*18V 20
34
*3312
12V
71
72
*70V
|,17478 1791-.
*181,
31
20
30
30V
31V
10
*33
31V
*978
13 V
10
10
13V
13V
21
21V
2078
40V
40V
40V
41i2
37S
18V
14V
41
*41
*3V
*18V
14 V
13V
21it
3V
18V
4078
41V
31
18V
14V
14V
♦144V 150
♦144V 150
17
17
*1678
17V
74V
74V
9'o
19
19
334
IV
3V
*8
35
8V
*25
73V
73V
*18
21v
2,200
21-V
4
*3it
ii
-
-
i,
—10
.1
Kresge (S 8) Co.._^
Kresge Dent Stores....
-
Jan
3
5
5
22V
Jan
20V Feb
,
9
A 21
•
3 V Jan 19
23V Feb 10
Feb 11
2%
3V Jan 23
27
Jan \2
29V
Jan
5
*18
100
19
*21
22
*108
111
3V
IV
3V
IV
"306
50
3,000
1,700
21
1,000
*12i"
12V
300
*19V
20
300
21v
21v
4v
4:v
231"
22%
4v
22v
*67
70v
71
70
'174% 179 '2 ♦174v 179v
21U
5,100
4V
4V
7,000
221.,
221,
69V
400
21
*67
70
70
20
*18v
28v
30
29
293.)
29V
2978
33
33
32
20
200
1,600
♦174 V 179V
•18 v
♦18*4
8'8 Feb 10
Jan 2
j
Co
Lambert
Lane
101
50
Lehigh Valley Coal
50
Lehman Corp (The)
1
5
conv
I^hn A Fink Prod Corp
16V Jan 23
22
Lerner Stores Corp
1
38
Mar
Feb
19V Jan
100
175
Jan 26
29%
Jaw
1st gu 5s .
General 4 V^s
General 4
6
„..
13
14V
De-
19% Ao
107V Get
134 Jan
V Feb
26«4 Oct
116V Jan
5V Aug
Feb
Dec
•
2%
il9
HV
4,200
64 V
19
Feb
5
17 V
Dec
4
£2034
Dec
30
32
Feb 13
37V
500
Link Belt Co
*9V
10V
500
Lion Oil Refining Co...No par i
10 V Jan 13
13
2,200
Llcjuid Carbonic Corp..No par
15V Jan
3
20v
20v
20V
8,100
Lockheed Aircraft Corp
24V Jan
6
38v
39
38V
40 v
40V
41
1,400
*3'"
3)v
40v
3v
13'4
20V
39V
18v
18 v
*18v
uio
171.1
73v
*16v
*70
14
♦146
14v
150
14
14
2,400
*145
150
10
17v
70
167s
17
100
70
*.6v
67
6S
1,000
99
*80%
85
J
D
M
8
*90
107%
101%
Gulf & Ship
96%
83
86 %
84 H
84
%
96'%
07
77
70%
series C
*62%
8%
Feb
ctrs A
1050
....1050
B. .U975
—2015
Feb
A O
A O
J
J
J
"
¥
*125
*125
*32
2034
«
*125
'
31
30V
3T.4
20V
20V
20
13 V
*12V
20V
13V
261)
25'.,
251.,
13 V
27V
26
4>8
4V
4
*12V
4
....No par
9V Jan 2
Feb 11
13
Feb 10
'.20
v
1
....No par 1 37
Lone Star Cement Corp No par i 39V
Long Bell Lumber A...No par !
3V
Loose-Wiles Biscuit.25 J 17V
Loew's Inc.
Lorillard
(P) Co...
Jau
2
Jan
2
2
20
Feb 11
Jail
Jan
14
141V Jan 14
Louisville Gas A El A..No par
16V Jan 2
Feb 13
Louisville & Nashville....100 IH6-7
r
.100
7% preferred..
—
27
7
200
15'
100
3U
6',
6
11 v
Iiv
221.J
11-V
11V
21V
21V
21V
4*4
414
4t4
26V
23V
26V
23V
26V
41,
26V
22
22
4'2
23 V
Madison Su Garden.-.No par
Magma
2,300
3V
12
27
23V
26V
27
27
27
171V 171V *17H4
180
*169
180
For footnotes see page 722,
Macy (R H) Co Inc...No par
100
800
4
5V
2234
20V
Jan
...100 .129
V; par
25
31,
4V
*26 V
*23V
3,600
Mack Trucks lnc._i
♦378
3V
11V
T.700
24V
634
22V
21
*12V
6V
12%
22V
6% preferred...;
30V
4
5V
5V
151"
*14
ll4
ll4|
31-4}
,
61,
26V
263,
*17H4 180
*5V
*14
13U
Copper.._r
Matiatl Sugar Co.
Mandel
10
1
1 39V
—
114
3*4
7,000
Marine Midland Corp
Market St
llu
llu
1,260
1,900
21V
21V
3,700
1,700
6-V
4V
27
4'V
27
1,100
Jau 21
34
z29
9*4
13
15V Jan 29
149 - Jan 30
Dec
16%
Jan
Apr
May
31V Sept
35
Apr
atpd
1052 J
4^8..—..1961 A O
Util3)isser 1)
1060 M N
Gulf States
*»2%
103
103
110%
no.%
124%
124%
124%
100
100
100
.....
.....
%
H
Hocking Val 1st cons g 4
Hoe (It) Co
1st mtge .;.
— -
-1099
-1044
J
./
.4
O
Hudson Co Gas 1st g 5s.
Hudson & Manhat
.
A
....
..
1062
...1949
75
MN
1/ N
-
J
G
MN
76%
102%
102%
36
36%
103
38%
11
3
21
22
41
120
1
45
117
9%
12%
342
101%
101%
120
120
lst5s A._ —1957 FA
42%
42%
..Feb 1957
A
O
9%
A —1081
101%
♦AdJ Income 5s
Illinois Bell Telep 2%s scr
1%
Dec
V13V Jau
12V l>ec
39%
1st gold 4s
Oct
1st gold
19%
102
Jan
15
Dec
22
60
Feb
J
J
3 Hs.....
J
*82%
A
O
*82%
1051
3s sterling...—...1951
Collateral trust gold 4s...... 1052
Jan
Dec
— —
1st gold
Sept
14'2<2
;
..
Extended 1st gold 3
3*4 Gee
19
J
.1951 J
J
1951
Illinois Central ItR—
45V July
19V
Refunding 4s..
Purchased lines 3V£s
1055
1052
M
91
O
Sept
—
1953
1955
Collateral trust gold 4s.
—1966
Jan 12
Dec
Jan 27
23V
131
19
£132
Gpc
2
23%
Apr
21V Jan ' 5
17V
l)e:
13 V Jan 22
27V Jan 28
11
Feb
35 V Jan
4
6
V
Jan 15
16 V
Jan 26
13 V Jail
3
Jan
2
3V Jan
2
3V
IV
Feb
2%
Dec
Ry6% pr pref.. 100
Marshall Field A Co...No:par
Gee
Martin (Glenn L) Co
21V Feb 13
4 V Jan 26
26V Jan
200
Master Elec Co.—'
800
Mathleson Alkali Wks.No par
7% preferred
1
...
100
31
4%
July
25
Jan 21
22
Feb 11
26V Feb 11
171V
Jan 26
6V
28V
Jan
•
Jan
11
Ge;
6
£20 V
6
'3 V
Gee
Dec
May
19
Jan 30
24V Jan
6
29V Jan
6
176
Jan 13
21V
•
Dec
24 V May
171
June
5V
11V
'
Western Lines
54
44%
118
42%
MN
42%
42 %
44%
MN
50%
44%
50%
43%
53
F
A
81 %
105C
3s
1051
3^8 —1053
Omaha Dlv 1st gold 3s
1951
8t Louis Dlv & Term g 3s. ..,.1951
Gold 3 Vis....
... — 1051
Springfield Giv 1st g 3>$S-_. 1051
—
48%
*38
*54
'
81%
%
43%
56%
44%
55
27
215
2
63%
54
54
46%
*45
10
9
45%
—j
85
3
*68%
1st g4s.....--1961
50
♦75
"50
—
64
40%
Dec
.
3V
Martin-Parry Corp
No par
MasonlteCorp
r...No par
Jan
35% Dec
29% Sept
14% Aug
>.-_
5
.1
138
86
"76"
42%
42%
J
LouisvDlv & Term g
Jan
734 Aug
5V Gee
16 V Sept,
*2% Apr
34 Jan r.1% May;
IV Jan 31
1
■
19% Dec
V Jan 39
31%
01 %
46%
46%
MN
A
J
%
*30
S
74V Nov
18V Jan 8
76V Jan 26
7V Feb ,5
12% Jan 7
221"
20
71
56%
13V July
Apr
28
,=
41V Jan 27
42V Jan 2 8
4V Jan 24
18V Feb 6
May
4V Jail 2
11*2 Feb 10
5
26V 26V
*17H4 180
*2I V
9
Feb 10
2
I 19
iXl2V Feb 11
i
24V Jau 2
2
3 V Jan
r
5v Feb 10
i
31,
9
Jan
Bros..
_j
No par
Manhattan Shirt..:
25 :
Maracalbo Oil Exploration... 1 1
100
*1
Feb
10 I
4
3V
6',s
20V
..
01
54%
55'
Cairo bridge gold 4s
MacAndrcws A Forbes
12V
25
5V
15'4
IV
1511
30V
200
"
70%
Island RR—
lst& ref Term M 5s
40-yi ar l'4»
25V
xl2V
*H4
3V
27
♦20
61?
3V
*23V
20V
16V
IV
634
-
*125
31
20
*534
6-V
16V
IV
27
4
...
20V
3034
*151.4
*iv
*534
*1V
*26 V
2078
3V
5V
*15V
4V
♦20
♦125
31
21
*26i4
♦2234
4*4
22
32V
•12V
*12
*20
69%
»%
95
90
90
Litchfield Div 1st gold
20V
20V
98%
95
Gulf Htates Steel s f
M
'22
102
85%
77 '
Refusing 5s..
*20
107%
95
Jan
32
800
29
98%
Jan
13v
400
16
28%.
96%
5 V£s B
♦Gen mtge I nc 6s ser A
June
32 V Feb
10
145
Jan
5
32v
3V
"45',J.
1047
Hudson Coal lsts f Ssser
^Jan
3
13
18*4
97%
15%
D
Jan
98
Jan
10
14v
96V
189
Feb
32v
145
Gee
June
94V Nov
174
24
9v
*3V
18
97%
J
Jan
>19
131.4
5,800
J
J
J
{§4Housatonlc ity cons g 5s_ .1037
Houston Oil 4 %s debs.
iiios
Lima Locomotive Wks.No par
20 v
185i
19eo
Idly Tulip Cup Corp...No par
20
-
40v ,.40v
3v
3v
2% July
21
13v
34
Dec
18%
5
6
97%
D
1434 Sept
v
73V Jan 12
Jail
J
J
95%
Gulf Mobile & Ohio 4s ser
2734 July
Aug
39
7412 Jan
81
1046
-1067
series H
3 Hn series 1.....
1st mtge 5s
14V Sept
Jai
3iV Nov
175
2%
2%
100%
G....1046
General mtge 4s scries
..
♦Green Bay & West deb
♦Debentures ctfs B
3
Jan
'
9%
8%
80
MN
C...—.--1073
series D.,
1976
series E...
1077
Gulf Mob & Nor 1st
19V Do
3% Dec
33
100
Geueral 5s Heries
17V Sept
514 Jan 20
9
100%
Great Northern 4 !i» aer A1
General 5 Vis series B-1052
5'4 Sept
24V Sept
14V Nov
27V Sept
45V Jan
7% Jan
5
69V Feb 10
Feb 10
70
Jan
Jan 16
-
20
9v
2%
I)
98%
28V Aug
7
12V Jan 21
20V Jan 14
23>8 Jan 29
4V Feb 11
Jan 29
21
r
113
21V Jan
Jan
20V Jan
9
18V
9
Jan
19
23V Jan
10V De
*2 %
MN
J
53.11049
W..1040
Berg Cooons g
Castings 5V^s w
45V July
Fel
v.;
;Jan
3V July
40V July
:.r
17V
4
IV Jan 20
13V Feb .7
Jail
12 V
Feb
4
8V Jan
-
No par
Preferred..........
10
2V Jan
Libbey Owens Fcrd G1 .No par
Ubby McNeill A Libby
7
Life Savers Corp..;
....5
Liggett A Myers Tobacco..25
Series B
25
Feb 11
108 V Feb
I
!
51.4
v
9 V Jan 19
No par
preferred
6%
Jail 14
Jau
9
par
T^ehigh Portland Cement...21
4% oonv oreferred
tLehlgh Valley RR..
.
11V Jan
100
(The);.—No par
Bryant....—i.—-No
11
30 i] Jau 23
12V Jan 14
27
Lee Rubber A Tire.........f
*20V
22v
Laclede Gas Lt Co St Louis 100
04%
*62 "
8%
I)
V 26*4 Sept
x22% Mai
24 .: Feb
9
Jan
Dec
•
■
.106
25.'.Dec
;1V Dec
23 V Feb
.
'"'■OH
{♦Georgia & Ala Ry 5s.. -Oct 1 1045
t!*GaCaro& Nor 1st ext6s.. .1034 J{-/it
Grays Point Term
Feb
5% preferred....
"360
8,900
20
70v
12V
9V
*8V
12
20
70
*'12 V
100
1234
*12%
70
9
35
11V
20
69'2
*7 V
*241"-
2034
20v
1234
2hs
1234
62
J
Gen Steel
Gen mtge
9i2
D
106 %
Aug
Gen mtge 4s
*25
J
6s—1056
14% July
2V Feb
151
360
*54
ltR—•
.1082
deposit-.;....
3s debs. 1056
93%
J
(Proof of claim)
Mitchi iery Corp
3934 July;
40V
89%
55
98
108%
94
J
tFlorida East
♦1st & ref 5sseries A
i-.1074 Af-8
♦Certificates of deposit
Dec
29 >
Jail
24
106
r
53 %
*96
S
Fairbanks Morse dob 48..__-.l956 J 1)
FirestoneTtre «fe Rub 3s deb..-1061 M N
l>et
9
11
33
12
*105%
1/N
M
t♦FloridaCent & Pennln
c.ll V
27V Jan 24
IV Jan 5
'
$5 prior pre ferred-..No par
..
64%
.....
105%
88%
54
'j 30V
13 V
104%
*64
1434 Aug
Dei
;.98Vr¥e,b
101)
64
- - -- --
J
Jan 14
Jan 20
160
*
*104
------
J
37V Jan >3
105 V
Jan
100
100
Aug
22-V
>
6
.104%
I>ec
4%
,
102
.....
J
4Vis..; —.1056
Gotham Silk Hosdeb 5s w w.. .1046
Gouv & Oswegatchle 1st 5s.;..1942
9
1 32V Feb 11
12V Feb 6
Kroger Grocery & Bak. No par
*3V
33
G0?
-95Dec
14
Jan
Ge.
...
101%
121V Mar
c-
Geo
Mar
6V
Jan 27
>
5
105
Kress (S H) & Co.i...No par
*2IV
40
9V
10B
'•
'
Keystone Steel & W Co-No par
Kimberly-Clark..
No par
28
28
2i->
373^
Kennecott
400
13
27%
♦108
102
J
-----
Goodrich (B F) 1st
*2V
*35I4
21V
*3V
39
13V
5
100V Jan 13
Birthday
*1051, H0i2 *10334 110V *10334 110V *10H2 110V
331
31V .33V
343s
32V .33 V
34V
327g
4% Dec
xll6V June
£ 2 /- Ge.
Jan 27
11V ^'eb
4V Jan
1
-
..
7
Jan
-
12
11
A. 1
Kelsey Hayes Wh'l conv cl
24 %
J
Jan
.,
111*4 Dec
71% Sept
1
: Jan 20
6
:118
i
1
I)ept Stores
107
J
J
Jan
Oet
18V
6
10'
9V Jan 14
Dec
Nov
122
5
Jan
24 V
14
•
31% Gee
Gee
107 V Jan
,122
preferred.-100
Kaufmann
20
103%
-
scries A
4sscries B.
♦Certificates of
Kan City
W '1
;
Exchange
43,
4v
4V
:
*11834
'
19
10014 *100
102
5.
-
*10;*
♦
11.
*rv
*91
".'-5 &
5V
*17
*93%
J
2-4s
'
16
«
1957
190j
1st cons M 4%s
1st cons M
Food
534
10
«N
1st 4s..1048 A O
{Fonda Johns & Glover
»5t2
110%
104%
M
(la Dlv 1st 5s. 1956 M N
1st cons g 54. - -1095 J
J
Elec Auto-I.ltc 2 lis debs
1950 J I)
Elgin JolletAc East lty 3j-is.--.1070 M 8
El Paso & 8 W 1st 5s. ——:-r 1965 A O
5s stamped
H
K
*11834
12
40
4Vis scries A..2015
♦N Y& Erie 1111 ext 1st4s...1047
Ohio Dlv 1st mtge 3,%s
1971
26V
Jan 10
-1
.1
Joy Mfg Co
H2H
103%
104 M
Ed El 111 (N Y)
134V Aug
Feb
124
-
Oct
.
Mar
7
3'2-V Jan 6
132
Jan 20
•
3V Sept
Feb
543i Feb 10
j
100
Jones A Laufhlin Steel.No par
8
f>%
111
D
4s
'
139
110 %
S
f)
J
•
-
110%
East Tenn Va &
Ja«
Oet
10*
De
Dec
5V Feb
2
Jan 12
9
IV
.
Feb
Jan
IV
2V Jan 14
31*4
49
May
95
!
8V Jan 2
Intertype Corp.......No par
Island Creek Coal..
1 4 29
Feb 3
$6 preferred
...1 :130V Jan 24
4*4% preferred.
'
55U
21V
62V
.21V
22-1.4
62«4
2,800
28
*27
*10178 103
123
122
125
.
23
6234
2278
67s
6-V
26i2 26h>
♦10178 103
55
55V
55U
26
26
*10134 103
125
*123
125
*123
6U
26
26
10U8 103
*80
0
J
■
: 5%
5H
38
1%
14%
13
8
A
Gen mtge inc
25V 25V
*10134 103
Hi
14
25
2
Hi
1%
A
A
4
1055
Oct
-100
7% preferred—i
"6,700
2
2'4
8V
97
*8V
9
or
100V
2
2V
*2
9
*9
91., .' 87S
901o
90!j'
on
29's
2914'
29
..--*129
133
*129 V
*9
*29
*129
*90
Shoe....No par
50
104%
13
Oct
45V
International Silver
36
36
2
97
*94
*31
3612
100
36 V
100 >8
.
*884
97
3134
*31
264
*104
104%
F
East Ry
*3U4
%
60%
2% Sept
2
2
2 V Jan 26
Jan
Sept
73% June
44
1
i
101
%
57%
*106%
13
1095
♦decond gold 4s
1005
Detroit Term & Tunnel 4 Vis... 1961
Dow Chemical deb 2 %s..
1050
Bui Miss & Ir Range Rv 3 V$8.-1962
}§*Dul Sou Hliore & Atlg 5s... 1037
DuqueeneLight 1st M 3)^8..-.1065
Deo
131
Feb
51V
5
*101
18
104%
104%
-
58 H
14
F
Detroit & Mac 1st lien g
July:
31% Sept
10%
60 V- Jan
129
Dec
2% Jani
13% Nov>
2v Jan'
125
4
I5V Jan
3
Aor
30V
Jan 21
Feb 11
126 V
Dec
1
6
w
..1036 J
♦Ref & limit 5s ser B-.Apr
Jan
V
Jan 31
100
5% conv preferred...
31V
26 V Feb 11
l
3
i 13V
Inter Itys of Ceut Am..No par
4. 5% preferred
100
International Salt. 1...No par
700
5714 Feb
100
15
j,
IntenaMonai Paper Co
43i4
7
2
IV Jan
,48
t
-
14
{♦Des M & Ft Dodge 4sctfs...1035
|*Des Plains Val lstgu 4 ViS...1047
Detroit Edison 4s ser F.
..1065
Gen & ref mtgc 3V^sscr G—1066
Jan
IV- Dec
5
Jan
2
■
..1036 J
plan)
♦Assented (subj to
Dec
-1IV
6V
V Jan 19
12V Jan 9
2-Y Jan 21
"8
9's Feb 10
Internat Min & Chem..No par
700
130 V
135«
2U
*178
2*4
4434
400
Jan
2U Jan
Hydro-Elec Sys class A.25
Marine.No par 1'
Int Mercantile
3
26V
573,
Int
2
\
*129
133,
7,700
5584
2
129V
137»
-
10
9V
27
26'4
*128
131
*2V
*2-V
27U
26*2
*127
32
13V
*54 V
23,
*2
54
212
47s4
1411
2i4
*44S4
2
2i2
500
V
934
2V
54;V
938
55
2
51'2
14*8
133S
59
57l2
2' ,-*178
4 53,
4434
4784
4738
1U8
V
9ie
*2
10
9's
88
..1060 J
Gen & rel 3s ser H
10l2
2's
*5514
*2V
2734
87
..106') J
}*Denv & R G W gen 5s... Aug
•
June
42V
20%
AO
1st mortgage 4%s
^♦Den& RG 1st cons g4s..
§*Consol gold 4^s... — .
V Sept
Sept
113V Jan
July
3V Feb
150
26%
30%
26%
7
27
107
Ge
May
30%
26^
...
1st * tef 4Vis...'..
;
<&>
90*8-Jan,;
13V
Feb
>: 6
140
30 H
j'D
..1070
Jan
r
Gee
-
160V Jan 2^
Intornat'l Harvester...No par
Preferred
8
31
26%
i
J
J
Dayton P A L 1st mtse 3s%,
..1065 J
I)
Dayton Union Ry 3 Vis ser B.
Del & Hudson 1st & ref 4s. _. ..1043 1/N
J
Del Power & Light 1st 4 Vis - • ..1071 J
Jan;
161
■
8V Dec
19
•
3
Jan
8
11IV
.-Sept
63
5
.
Feb
inv
6V Feb 11
>
6 V Feb
Feb
85V Gee
12 V Jan 14
Interchemical Corp
8V
49lo
4»4 Aug
21V Jan
9V July
29% July-
154
29%
*28
.
D
45% May.
Dec
20V May
8
' Jan 12
74V Feb 4
157
300
no
159
*Dec
S\
200
No par
Aug
2
♦13% Dec
4
9V Feb ( 7
26 V; Feb > 5
100
24
31
3V Jan 28
16 V Feb
3,400
'6V
49l2
i
-
i'Yx
Jan
Jan
17% Sept
32V Sept
12% Jan
28V Jan
28
Sept
31% Sept
176
Aug
L & N O—
series A-1063
111 Cent and Chic St
Joint 1st ref 5s
-1063
1950
{♦ind & Louisville 1st gu 48
1056
Ind Union lty 3V^sseries B. ..-1086
Inland Steel 1st mtge 3s ser F..1061
Inspiration Cons Copper 4s
1052
Interlude Irou ooiiv deb 4s.-.1047
V^s series C- Ind Hi & Iowa 1st g 4s. . 1st & ref 4
For footnotes see page
J
D
46 %
44%
47%
160
J
D
42%
41%
44
153
J
J
74%
75%
—
723.
J
*21
J
M
S
26%
*108%
A
O
104%
A
O
101%
A
O
104%
101%
104%
100%
100%
10! %
10
31
23%
32 %
%
29%
High
26
7
32
26%
,
Low
No
30
.
10% Aug
4*4 Dec
11V Dec
Jan 2
s
20V
110
160V 160U
Feb 13
93
8
18V Jan 27
39V Feb ! 5
11
6'4
6>4
*125i2 127
48?4
Ceased lines 4% .1
RR 8ec ctfs series A...1000
Indlanaoolls P & L C0.N0 par
■r
2
Jan
!
25V
*20
81,
7
734
7
5V Jan
6% preferred series A... 100
156
10*8
2034
734
:
70V
110
7
160
100
Illinois Central RR Co
93
612
*6U
>
3V
25V
11
1078
110
600
*155
94%
71V
*20
4S38
497g
*159is 160*4
"T.666
9
9
156
7i2
50V
*159 *
161
16
2534
■;.
x71
lH,
110
7's
7's
128
128
50V:
50V
*158
*92
612
2Ui
110's
21
8
7V
812
7V
1078
7
2114
11012
38V
8»4
*2538
fti2
*6lo
21'.,
*110
110
m
113s
1 Ho
7
22
Ui2
*21%
3S
*3%
16
16
*155
4,900
.
171"
33,
;
8V
26
95t2 *9314 0513
1571
157*2 *155
7U2 72
7U«
71*2
7234
723s
110
*3U
16
7-V
7V
*17
39
*38U
*93i4
157 V *155
*155
7*8
17
!i
High
30
25%
,
*30
.
Curtis Publishing Co 3s
7h
1.734
or
Asked
ct-
Low
..
J
J
♦Deposit receipts..
♦7 Hs series A extended to 1946
V ♦Deposit receipts..
♦6s series B extended to 1046
♦Dcnosit receipts.
7V 4 7V
1784
18U
*3812 3912
*3i2
3%4
16-V
16 V
Bid
Price
...
......1952
♦Cuba RR 1st 5s g
Jan,
18
Friday's
26
♦Deposit receipts.....
Jan;
•
1
Jan
:
No par
Range
Sale
Railroad & Indus. Cos. (Con.)
♦Cuba Nor Ry 1st 5>4s.1042 1 D
J an
3% Jan
21% Sept
Dec
Last
,-o.
Y. STOCK EXCHANGE
Week Ended Feb. 13
1
$ per share $ per sharel
5 per share
'
2
2
•
Lowest
Hlyhest
j
»8 Jan
20V
20
3V
Hudson <fe
200
-"l6
3'2
'' i
-
300
3-V
20
Lowest
Shares
V
N.
Year (1941)
%
EXCHANGE
the
V
bongs
.Range forPreriowr
On Basis of 100-Share Lots
Week
13
5 per share
»,e
3is
20'8
3t2
"l»
20io
20V
3V
3»8
»„
*2i2
19V
3V
«i«
3i 2
*2»4
*20 V
S per share
share
*1,
"16
11
Feb.
10
Feb.
Thursday
Feb. 12
Wednesday
Tuesday
Saturday
STOCK
YORK
NEW
for
Rame Since Jan. 1-V
STOCKS
r
Sales
SALE PRICES
LOW AND HIGH
27%
Volume 155
Number .4047 "V?.i
THE COMMERCIAL & FINANCIAL CHRONICLE
"
-
-
•
NEW YORK BOND RECORD
Friday
«5
!
BONDS
N. Y. STOCK EXCHANGE
•
i.
•
Panne
.Sale
or
Bidr- &
c2
Asked
LOW AND
Pange
^•a
Frlduj's
Price
^0.
NEW YORK STOCK RECORD
W.eek's
IASl
*■"*
£5
Week Ended Feb. 13.'
...
HIGH
♦Adjustme-itOsser A...July 1962
| *lst 5s aeries B..._,
.1956
.
♦.1st
;
Low I
J
A
High
14
144
154
J
J
"13%
13
47.
Moriday
Tuesday
; Feb. 9
Feb.
./
134
13
144
Internal Hydro El deb 6s
104-)
.4
O
Internat Paper 5s scr A AB
Ref s f 0s series A..
1947 J
J
1014
1044
1955 M 8
1054
10,5
26
i
104 4
105 %
10
I Feb.
88
"3
88
•
1st lien & ref 6 4s..
1947 F
Int Telep A Teleg deb
g 4 4s. .1952 J
Cent Ry 1st & ref 4s..1951
.
0
454
148
384
14
20
4
44
43 4
14
?.
'•'*
?
50
J
53
43
954
5.1 %
D
./
3H'S--.1901
964
944
90
90
*89
67s
;
27
4%
:25
.
88
88
88
83
88
26'2
2612
O
434
45
474
40
28'4
2814
45
45
37 4
474
46
Kansas City Sou 1st gold 3s__1950 A
O
62 4
62 4
59
64
I *6i8
14I4
*2118
1414
Ref&lmptSs
:__Apr 1950 J
Kansas City Term 1st.4s......I960 J
J
714
1084
714
1084
J
45
•
73
1084 1084
J
1084
*1114
101
J
*42
1961
J
*85
88
1961
J
*90
./
*834
O
*155
Kings Co Lighting 1st 5s
1954
J
*105
1954
J
Stamped...
;
Plain
1
;
t*Kreuger
49
83
■
22
-
lOSio
*39
'
40%
'
*27
v
McGraw Elec Co
*
A Toll 5s ctfs
106 4
2514 25%
*27% 29
5%
6
5%
534
14 % "14
14%
14%
:20%* 21%
20% 20%
100 " ,100
*100
loi
200
5U% preferred.^
1,100
r.IcT.rllan Stores Co
6??
6%
79
MOO
4%
25
104
1044
*101
1959 m a
1044
4
14
1014
*1
212
;
500
25%
5%
400
200
■
*106
40
*5%
107
40%
130
40%
106
8%
000
106
4%
ref A ext 5s. 1939
Coll tr Gs series B
*26 V
52
93
98
'
77
94
724
734
814
814
85
98
>
98
734
77
6'
76
8>
108
70
84
884
.13
83
95
10
95
96
87
12
83 4
88
83
1997
*794
..1975
Dec
Navs f 44s A..1951 ./
sink fund 4 4» ser C..1954 J
gu g 4s
A
4
834
80
...
36
J
36
36
76
70
72 4
67
1st A ref
.1964 F
674
4s stamped modified
V'k
65
;
65
57
"434
514
J
J
514
4
31
Leh Val Term Ry ext 58..... .1951 A
38 4
Liggett A Myers Tobacco 7s..
.
»
*1434
•1:5
56
484
53
>
33 4
107
314
1
264
26
334
Little Miami gen 4s ser A
364
112
33
29
::
364
1
31
32
.194!
1144
122 4
1144
10
123
1014
IOI4
1004 102
57 4
22
514
't
Vuar ref gol d 4s..........
.
1949 XI 8
1949 M 8
574
1154
114
Lorillard (P) Co deb 7s...... .1944 A
6s debenture
O
.1951
Louisiana A Ark 1st 5s ser A.
F
A
196:.
I
J
.
*98"
98
•
914
'
1st A ref 5s series B-._.,- ..2003
2003
o
_-
2003
o
1214 1224
79
844
1084 110
115
1st A ref 34s series E
i
Unlf mtge
•
o
.2003
■
i
3)$sser A ext....1950 J
I Unlf mtge 4s
844..
1034
*1054
.1960
J
...1940 F
A
St 1-ouis Div 2d
...1980 M 8
gold 3s.
100
95
:
98
89
84
0
1044
*9
Mob A Montg 1st g 4 4a
101
1952 J
i
4s.
*
J
106 4
1064
*108
82
83
84
84
b
52 4
524
50
J
J
1941
53
47
53
Marlon Steam Shovel
1947 A
O
.4
O
s
f Cs
Stamped
....
ser A..Apr 1940 Q A
1946 Q A
(Stamped mod) ext 5s
McCrory Stores deb 3 4
^.
1955
A
McKesson A Itobbi.is 3 4s....1956 J
O
105 4
J
1044
Mead Corp 1st mtge 448.1—1955 AI S
Metrop Ed 1st 4 48Rerles D1^1968 Xt S
Metrop Wat Sew A D 5 48
1950 1 O
Ji*Met W Side El (Chic) 4s... 1938 F A
1
Michigan Central—
•<
1 Jack LansASag3 48
...1951 M .V
434
4
Ref A Impt 4 4s series C
1979
J
1963 M
Michigan Consol Gas 4s
9's
|(*M StPASS M
(♦1st
(♦1st
coia
cons
—1938 J
to Int..~ 1938 J
J
J
J
..1946 J
con g 4s
5s..
5s gu as
—1949 xt S
1962 Q ~t
lnt gu '3S J
♦1st A ref 6s series A
♦25-year 54s....
♦1st
&
ref 54s aeries B
1949
*
105
6
69
254
2
'
67
'
14'-
43
65
32
84
"2
14
Jan
7% Feb
Feb
Doe
Aug
109% Nov
25%. Jftri
Dee
9% July
Dec
37% Sept
Dei
J5% Sept
Dec
110
5%
101%
Dec
8% Sept
109'% Jan
9%
5
Jan
4
5
Apr
Dc
•
Nov
9% July
J uly
70
Jan 13
70% Ma
82
72
Feb
3
51
71
Jan 27
3)
27% May
3% Feb
21% Feb
Jan
2
5% Jan
5
25% Jan
5
Dec
Aug
33% Ort
6% Dec
29% Sept
Jan
6
29% Jan 15
14
Fel
30%
Jan
3
30% Jan 16
7% Jan 14
24
Dei
37
Jan 12
Feb 13
16
5
13
Jau 24
2
Jan
2
Jan
8
11
Jan
l)ei
Dec
Nov
Feb 11
117)2 Jan 17
108% Feb 11
25% Jan 2
1%
Apr
Jan
Jan
17% July
38%
125
45%
112
Jan
Jan
J«n
Oct
14
4% Jan
79% July
Feb
9%
15%
Oct
1
Dee
12%
Dee
1
3%
Oct
July
Aug
17% Aug
94
77
Mar
118% Sept
115
8
28% Jan 27
40
Jau 30
Feb
112
110% Jan
Jan 15
Dee
1%
Dee
52
Jan 21
118
Dec
105%
Jan 16
% Ja 26
2% Jan 26
13% Jan 19
91
Jan
7
117% Feb 10
12% Jan 8
73% Feb 10
37
17
86
34
12
2
2
117
Mar
5
Feb
3% Jan 13
66% Jan 26
8
%. Jan
1-% Jau
Dec
40% Feb 13
106
Feb 13
101
35% Jan 2
103% Jati 19
60%
4%
23% Jan 14
2
19% Jan
98-
Jan
22% Jan
2
6% Jan
2
Mar
123
Sept
Aug
113%
Oct
24i.|
Dec
30%
Jan
35i2
Dec
43%
Jan
21%
5%
9%
Oec
30% Aug
108% June
7'8 Jan 2
50
Jan
2
11%
Jan
7
59%
Jan 2:
108
I
i
1% Jan
3% Jan
i
12
Jun
17%
Jan
De,
F b
1%
46
24% Dec
4% July
74
July
12% Jan 15
69% Jan 6
Jan
7.
110
Jan 2(
4% Jail
36% Jan
l)6l
Dee
18% May
•
12% Jan 30
25% Jail 20
3% Jan 20
Feb
4
63
3
2% Jan
9
28% Jan
10 8 Feb 13
23
Jan 14
-
109
5% Jan 20
7
4
De:
8%
Jan
31
Dec
51 %
Jan
Dec
9% May
61 %
3 9 '8 Feb
374
65-
Apr
Nov
15% Nov
74% Sept
112
Feb
12
j
62 4
22%
30
109
8%
9%
6%
12%
*5 :
*13%.
*10S
13'?
7
*13%
110
*52%": §3%
)2*
9%
•
•-
21
113
National Pow A Lt
2% Feb 11
48% Jau 2
5% Jan 21
X'6%
$2
conv
preferred
•'.; :;s
9
i
14.
60 4
14% Jan 19
57% Jan 12
66% Jan 20
:•
6%
5%
5%
6%
-'*9%
106
"100% 106
*:)%
10'k
*36%
*36% 87%
1% •!4l%>. 1%
25
*20% 25
.
*20%
25
*1
"
9%
*9;
*20
878
SOU
Jan
3
Dee
9%
Apr
26
3
9
16% Jan 12
Jau 29
164
Jan
7
17% Jan
5
146
Jan 20
35
3% Jan
54% Feo
7% vDec
3*4
g
70
Jail
16% Sept
8
Dee
Sept
Feb
10% Sept
Apr
Dec
25% Sept
20% Sept
8% Jan
93% Jan
3%
Dec
58%
Dee
12% Dec
160% Dec
176
133
Nov
154
Jan
Dec
24
July
36
Dec
14%
Feb
26
2)->
42
Dec
Dec
4
De.
8%
6
11
7%
17
Feo
Feb
14% July
] 1
6% Jan 28
16
61
Dee
12% June
5
5
a
£10
'
41
Feb
Feb
1°% Sept
Jan
7% Mar
63i«
Jau
7% July
16% Nov
68
Sept
75% Sept
Feb
43
Feb
2% Jan 14
3% Jan
2
Dec
5
8% Jan 16
9% Feo
8%
Dec
11%
Oct
7
Jan
61"
1)23
9%
Apr
13% Fen
10%
Dec
..No par
Neisner Bros Inc...
conv
1
serial prer...100
Jan
7
11:
Jan
5
71
Jau 20
73
Jan
35
Jan 14
109
Jail 3d
6
:
Newberry Co (J J).._.No
5% prefserles A
$5
conv
preferred
1
No par
New York Air Brake
New
No par
150
97
5,209
5,800
•
-«-».
3.009
21
8% Jail
~
•
107)2 Jan 26
29% i'Vo II
-•
Co.4...50
N Y Lack A West Ry
7%
Co.. 100
N Y ShipbldgCorp partstk.-l
Feb
Dec
Dec
Feb
15%
8
Jail
-3,
4% May
Jan
2
107% Feb
5
Northern Central Ry Co...50
14,709
Northern Pacific Ry—1..100
200
10%
Nor States Pow ISpref.No par
19Q
-
37%
1%
33%
"•
.
s.
'
Northwest Air Lines.. .No par
25
20
35%
1%
•
•
1%
25
-*20
909
•
.
Preferred
1».
.
.
j.... 50
"7%
19%
7%
19%
6,700
Ohio Oil Co
2,909
Oliver Farm Equip.--..No par
5
2,800
Omnibus Corp (riie)__;
Norwich
13
Dec
112
Jan
June
115
Feb
42% Dec
60
Aug
Pliarmacal Co..2.50
Jan 26
Oct
3
% Jan 21
Jail
*16
Oct
2
2% Jan 2:
*16
Jan
1%
Feb
%*
Oct
%
Jan
25
Jan 14
Feb 10
*16 Jan ^6
23)«
Dee
21
Feb 10
%
7
35
sept
1 »
Dec
Jail 1*
179%
Dec
215
Feb 10
115
Jan 16
109
Feb
11 J)8
Oct
Dec
Jan
Jan
11% Feb 11
96
Jan 31
4% Jau
Feb
2
9
9% Feb 10
Jan
7
Jan 20
20% Jan 21
8 >8
2
23% Jan
192
50% Feb 10
108
30)4 Jan
13
8% Feb II
Jan
7
1
409
8 V Sept
Apr
106%
Jan
35
8%
Dec
8
6
% Jan
Telegraph...50
-•8%
8%
8
5
2
%s
54
Jan
Jan
45
NorwalkTlre A Rubber No par
Northwestern
Feb
110
6% preferred series..:...50
5)4 preferred series50
6%
8
27%
15% Jan
18% Aug
47% Aug
24% Jan
7
10%
25
15% Feb
Jan
Jan
6;
110
Jan
31% Jan
11% Aug
July
6
14:
45%
110
45
12 j
10%
5' Feb 13
July
79% Dec
116
Jan
eb
17
Dec
26
Feb
51
North American Avlation...l
19% Dec
106 % Mar
51
9,190
97
5
17%
9
5%
9,
Jan 2/
7
113
*102% 105%
*9%
10%
2
2
Adjust 4% preferreJ-J..-100
North American Co.10
*96"
6
106
25% Jan
109% Jan
32% Feb
2
119
600
Apr
Jan
113
6.009
5%
Jan
178) 2 Feb
12
11% Jan 12
10
Norfolk A We item Ry.,..100
50%
Dec
Nov
Apr
2
Noblltt-Sparks Indus Inc..-.5
51%
)i2 July
22%
Fen
59
(NYNH & Hartford. 4-100
Conv preferred
.100
JN Y Ontario A Western.. 100
399
6
31 <1
105
4
3d
Jan
709
51%
50%
•"'
No par
.No par
2
£21)2 Fib 11
209
11%
j-
.
York Dock
10% non-cum pr6f..
251?
8%
f' 1
-
York Central.._.No par
N Y A Harlem RR
""
37%
17%
No par
Natom.is Co
NoliiOjrp
6% preferred
55
25%
11%
i; 106
Dec
Jan
No par
6% prior preferred—^.100
National Tea Co
New
5
178% 178%
"
•
..
50i2
7%:
."
;
7%
20%
5%
20
76%
76%
75-'<75
4
*3% '. 4
"... *3%-
J 12%
*140
12%
142
20%
5'8
5%
>
20%
4%
4%
4%
*73
76
12%
.„••.
;-
3%
•
121"
140
142
~'"
•
*3%
!12'2 -12%
142.
7%
19%
7% •; 7%
5
5
2.
34
1
634
40
5 4% prior preferred...100
'
106
Jan
1'2%
6
7%
Feb 13
32%
10% Jail o
52°8 Jan 26
53
Jan 2/
50% Apr
£50 % Dee
17%
58%
57%
10% Dec
17%
14
Jan
6
96
Jau
3i
7
Jau 21
103% Jau 19
11% Jan ^8
30 •> Jan 2/
1% Jan
22
9%
93
Dec
Dec
7% June
34
7
Jan 17
Juiy
3%
107
Jan
%
21
Dee
Dec
98
8%
Jail
Jan
Jan
Jail
Sept
Aug
113i2 Nov
14
Oct
40% Nov
2%
Jan
6
7%
Dec
27% July
13% Feb
8% Jan 26
8 Fen
7
6%
13%
Feb
Feb
10
July
23% July
6% Jan 12
2
10% Jan
O
14
4
No par
National Steel Corp... 4
25
National Supply (The) Pa.. 10
16
110
*11-2
Hi"
*96
Jan 23
109
*•"
*20
50'2
100
142
13%
;
'25%
'Vh
*96
162% Jan 13
,..100
14% Jan
*51%
19
'51%
100
j.,100
'
6%
l75i»
71% Feo
2
15% Feb 10
32% Feb 11
*107"% 1X7)4
51
51%
Jan
160% May
9% Jan 2a
Jau 28
Jan 14
Nat Mall & St'l Cast Co No par
National Oil Products Cb
4
42 !
5
51%
51
51%
18%
4% Jail
Jau
13% Jau
6% preferred series A;..100
N Y COmiiibusCorp..No par
*13%
179%
8%
60
N Y Chic A St Loilis COi..100
*108
113
91
10
709
?3j
8%
preferred.No par
oonv
20,609
1,309
13,409
lr
114
De
16
15%
!%
113
Sept
23 %
Jan
13%
51"
15%
179
118
Jan
11
Feb
4% Jail
48 >8
l"
25%
9
Dec
166% Jan 14
15
8%
15%
**32
*191q
Dec
19
Jan
8% Jan
20
Jan
47%
i
14
1 '8
21
52
-.10%
f*8% >
9
732
26
*50 %
500
1%
21
*96
$•4,50
National Lead Co.^.
209
1%
25
*51%
2,009
29%
**32
21%
9%
22i,i
101%
*5
.27%
10
.Napar
N'port News Ship & Dr Dock 1
309
291.1
1% <
732
•
6% preferred
Nat Distillers Prod
4*4%
""500
34%
*21%
9
716
De
6%
13%
5% Jan 14
Nat Knam A Stamping.No par
-Ian
2-8
5%
,4% Jan
Natlo al Gypsum Co-.,...-l
Da
5
,
8% Jan
13% Jan
7
Newport Industries..,.i
*103
110
51%
16
3
39
6
8% Jan
5% Jan
Jan
3,909
i
15%
*108
6% Jan
9%'
i
47%
*5i.i
5%
15
3% Feb
1.809
29%
15
*13%
23%
3
33% Feb Id
par
:..100 £104% Feb 13
Newmont Mi dag Corp.
27% Jan 8
10
-33%
9%
21%
46%
15%
46%; 48
19% Dec
5% July
23% Sept
Dee
5% Jan I
7% Jan 20
14% Jan 2
161% Jan 30
3% Jan
;cU)4% 104%l
--29% 29%!
109
29%
30
8%
15
£21%
2231
1093^
21%
*100% 106
r
1.4
34
62
-
35
34% *32%
101%
1091? *106
29U
2984
28%
29
9%
8%
9
33%
15'2
A12I8 .•12:
6%v
500
900
2
26
*96"100
-
1,709
I31.1
51
••
6%
Jan
13%
13% Jan 13
9% Jan 17
14% Jan 7
74
110
*114
9
*5
*69
•
:..100
14%
5
Jan
11
39
*12%
*181% 183
■:
600
14
1
10
zl%
5
18
-
-
6%
6%
3
*8%
-
9
*8% .9%
*2%
*<35io
3
/16% Feb 11
2% Jan 20
4% Jan 25
24% Feb
15
200
74
52'?
20l2
34
1
67%
*2%
60
*39"
V2.:;';;2-
'
"
,*"74 ""7.4
124
124
*65%
3,000
2,309
2,809
1,100
•1%
15%
*15
-*57%
3
10
2
.
124
124
*4
■
534
15
,
^
6
Jan
7% preferred A..
238
*121")
9%
15%
*5'4
i*13"2
:
*
•
17
13% Jan
3% Jan
474
,
94
94
94
*3 4
;
1
■
>
'''
4%
75
,
■'
309
3%
13
-•.12%
♦135
142
160
75%
3%
2,100
143 "
124
5%'"
5%
5% 7 6)k .-.5%
'59
61'
59%
*57
58
*22
23%
"22
*46
N
55
*46
*115 47
22
*21
55
*46
*115
47
*115
4 5'2
For footnotes
46%
see
page
5%
5%
*57
60
23)
*21%
'22% V,
55
*46
55
*115
-*31
*21%
'
*46
:
,| 40*4 46%|
722.
5%
5%
57.
60
*115
.
!
47
60
Otis Elevator.^
.
-
-
„
,
47%
2
13
2
$5.50 conv 1st pref..No par
4,200
Preferred
59
140
Jan 29
20
79
Jan
9
3-s J» 128
£8
13 % Jau
142
51
2%
9%
Jail
2
6)4 Jan
9
3%
Feo
9
40%
22% Feo
6
16
140
De
Dec
Feb
Dec
June
10
Jan
104% Jan
6% Sept
17% Jan
150
Jan
»
No par
Outlet Co....
'/
2
Jan
Outboard Marine A Mfg
-
2
3 8 Feb
^^
.
2
Jan
2% Jan
11% Jan
100
.
7% Jan
17
No par
—
,..100
6% preferred
Otis Steel Co.,...
600
22%
'55
6
i..I00
..No par
'8% preferred A..
Oppenhelm Collins
180
4,409
...No par
;
^
*
Apr
1
27
J
Fcr footnotes see page 723.
108
16
Dec
Jan 23
6% preferred B
51
50'2
5%
13
31"
*108
2
300
72
50%
%13%; 14-
.
33
2%
51
61
109% *108
9%
..
500
33
15
3
conv preferred
7% preferred..
139
6.100
166%
139%
16%
13
123)4
15%
:
14
*57%
6
'48%
,
68%
13%
*69
29
31
2L%
*l;.
1*20)8
414
18
27
XI S
23
27%
j 51
v j
714
114
J
107
103
Jan 14
Nat Bond A Share Corp No par
National Can Corp
.4---I1)
3,209
"""oo5
60)2
15
6%
Natlo ial Dept Stores..No par
16%
107
43
12
1978 J
61
404
114
114
"l2'4
7%
8
Jail
24%
26%
5%
13%
Nat Automotive Fibres Inc.-l
National Aviation Corp
National Biscuit Co....
309
4%
Birthday
14%
1
400
20%
18»
Lincoln's
69
V103% *106
*%i"
>•
105
:
9-9%
9%9%
944
15
•
*28%
*i«
1
118
69
934
66 4
J
106
5%
5%
'
4%
i
4,900
4%
Closed-
16
National Acme Co
9)
67%
20%
Nabco Liquidating Co. No par
Nash-Ktlvluator Cori>.j
5
Nashv Chatt A St Louis-,-.100
5*2
609
*3%
20)2
*15%
37
*34%
185
-*
11 4
.No par
....
*5ls
•
*133
50'9
1,090
2,809
72
13
63-
•
*36)2
75
1054
.♦74
1 4
$7 preferred
Munslngwear Inc.,
No par
Murphy Co (G C).....No par
5% preferred
100
Murray Corp of America..10
Myers (F E) A Bro
No par
Nat Cash Register
No par
National Cylinder Gas Co...l
Nat Dairy Products
No par
08%* 68%
;
6%
13%
6%
*5U.i
105
97'
v
*654
*32 4-.
26
Mueller Brass Co.....:
1
Mnllins Mfg Co class B.....1
8%
14
1391.1
16%
32%
32%
2%
2%
2%
5%
70
*69
'
100
13
*158
51%
<
.8%
*113 %
1064
1094 111455
644
44
6
64 4
-
*36 4
..... .
4...50
Motor Products Corp..No par
Motor Wheel Corp
4
5
13%
Exchange
*16
16%
14%
-60V
;• 3
638
16%
*21%
106
104
3
'.,8%
HO*
27%
\
1054 1054
106
44
66 4
105
No par
Morris A Essex..,.
100
15
3%
1661"
2%
:
15%
•
*68%
*183
"684 "784
1104
*94 4
*(0011 ext 448-1
♦lat A ref gold 4s
♦lief A ext 50-yr 5s ser A
98
1054
1044
104 4
15
•
13%
50%
52%
i6
*61% ••63'
14
%
344>
9J4
994
97
£68%
^32% ' 32%
-2%
6
163.4
53
.
76
105 4
*68
t i*Mid of N J 1st ext 5S
1940 A O
J § ♦Mil A No 1st ext 4 48-1-.-193U J D
—1939 J D
t*Mll Spar A N W 1st gu 4s..1947 M S
Jt*MI!w A State Line Ist34s.l941 J J
|*Mlun A St Louis 5s ctfs—..1934 M N
85
70%
15%
33
52
50%
534
304
9%
*160
16)?
4,009
Stock
5%
166% *158
139% *133 7139% *133
-2%
9%
>'•*9%
J
8
98
61
4
........l.)52 M N
34s
98
*754
75 4
1104
—
1st gold
344
*104 4
61
No par
$4 preferred series C.No par
Montg Ward A Co Inc.No par
200
13
9%
20%
*15%
4%
14
800
*4%
*5%
16
3io
1,209
5%
4%
•
1,000
7%
*4%
14
*5
;
16%
*14%
13%
.
250
6%
14%
13%
'5%
i)i8
20%
:,
19,609
15% • 1534
161% 161)
15%
15%
*158% 165%
14%
238
4%
7-%
9
13%
166
*16'4
*32%
♦%•
98
764
109
23
3U
13%
70%
23
2
98
(♦Market St Ry 7s
40
1,803
4%
41
*0
7%
*3%
ii338
'
32 4
6%
7%
12%
71%
16is
88
|S*Man G B A N W 1st 34s-
909
*2%4%
*10712 117% *107% 117% *107'2 117% *107)2 117%
85
524
*6
8%
14%
•
85
50
*31"
6'.i
121?
13%
32
*1334
67
—
200
*16%
8V
71%
49
884
1084 111 4
79
1953 M 8
f 5s
s
Corp.......,.4...10
Monsanto Chemical Co:...10
$4.50 preferred
No par
260
1»%
4%
161?
3%
4%
.4%-
109% *108
*31
'
86
884
109
Manila RR (South Lines) 4s... 1959 XIN
Manila Elec RR A Lt
56
61
23
12%
*15%
37
23
106
110
884
109
I)
Feb 1 1957 MN
Manatl Sugar 4s s f
200
108% 108%
2%
4%
1
291
*5«4
1960 J
3
:>•
*39%
22%
15«2
4%
16%
21
15'2
1091;
*14—
Gen mtge 4 4s series A
1,700
1.100
24%
61
*2%
4%
*14%
21%
-*
13%
72'
*108
Maine Central RR 4s ser A.... 1945 J
500
10%
*52%
*11%
12
3%
—
"--.•4)4 £ 4 >8
4%
1014
104
M
v
*2%
22%
16%
238
9%
20%
9».
82
,*654
1945 M S
Ry Joint mono
24%
2%
56%
620
7
10%
*24%
4%
15%
91D
6%
*3312
106
106
AM Knox A Cine Div 4s. ...1955 XI N
#56
151*
5%
-978
,
128%
;
South
*2%
'7%
14%
5)4
*9
3%
*106
864
14
70
*6%
934
854
103H
108
92
J
ser B ext..
Paducah & Mem Div 4s
ear
Mo-Kan-Texas RR....No tar
7% preferred series A4..IOO
Mohawk Carpet Mills.:...20
Preferred series B
11% Jan 16
108% Jan 30
4% Jan 2
24% Feb 10
rm
.No par
Morrell (J) A Co
26%
*6%
-
'
157«
*3
;
954
924
954
844
8,800
45
26%
634
11%
7%
8%
631?
170
104 4
104
954
26%
2i%
16%
.
3%
*6
13
8%
6
*1512
*6U4
107 4
O
C...,
1st A ref 4s series D
26)?
10%
24%
00
4)2
15'2
4%
2lo
*70
1st A ref 44s series
190
2738
*40
3
zl6l2
12'2
53
;
*13
;
27
45
*6%
*2%
5
34
0'",
*14%
1612
2%
53
•
Louisville A Nashville RR—
I
108% 108%
27%
24%
22'2
*7%v8 I
•15% 15%'
139% *133
; 16»2
974
114
814
Louisville Gas A Klec 34a... .1966 M 8
Lou A Jeff Bridge Co gu 4s... .1945 XI 8
::•,
.
678
12
17%
I66I4 *162
*135
■
122
824
2%
434'
75
*160
1224
121 4
825:
92.
974
,
*121 4
1214
30
12
j
63% £61% 61%
108)4 IO8I.1 *108% 112
5
5
4%
5
*38% 39% *38% 39%
141*2
•
141X
1024 1024
914 96
1034
95 4
954,.
054
954
26%
12
3%
3%
x6% Si. 6%'
1610
■
*32%
♦102 4
*95
'
■•■I 4sstam|>od
2,800
Mission
20
62
24%
.
8«4
14%
"6%
9«2
21*4
•
414
*7118
1044 105 4
*100
O
*2%
13%
*15i2
1144 115
1214 123
Xt 8
12-%'
23
5
'"*21
394
1
394
-
Long Island unified 4s
"
••
*5%
344
97
21
.1902 MiV
♦Long Dock Co 3*4s ext to... .1950 A
;
'
14 'R
324
102
.4951 F A
4X«... .1962 A O
*12
16
*13
1224
5s debenture..........
Lion Oil Ref conv deb
60
•
26%
3
6'2
50
105 4
194 s A
60 V
24%
*2%
59%
*6'h
424
1154
57
24%
17%
16
105 4
O
1st 50-yr 5s gu... .1905 A O
.1965 J
J
Libby McNeil A iJbby 4s
24%
3
*7S481,s
115%
LVk
*15978 162
64
374
564
1154
Lex A East
12
17%
3«4
53
33
j/N
.2003
11%
-4%,
494
33
34 4
.2003
27
61
58
314
.2003 M N
4« registered
•6%
12
2\
*9
5sstamped modified...
iOTg
27)4
6%
12r>8
8»4
324
*40
45
500
200
121
108% 108%
*40
12
434
241?
v
65
58
06
>4
4
75
784
58
*304
.2003
44» stamped modified
:
1.100
3,300
*117% 120
•
*2)s
4">K
-
"
%
*117
109l2 109%
26%- 27%
27
?17%
334
75
*
.2003 M N
:{% 4s registered.;.
ii
V k
.1954
Lehigh Valley N Y 4 4s ext.. .1950
Lehigh Valley RIt—
<
:
100
72
77
*60
.1974
5s..
100
65
.1974
5sstami>cd....
Leh Val Harbor Term gu
•
A
74
117
28%
1214
314
60«2
.
60
954
804
*694
.1964
,,,
f 5s
s
A
2%
$6.50preferred
28
Deo
26
1st pref.___4._lu0
75
95
804
77
:
,
11%
%
2%
2%
*12%
13
73% •73%
»u
13%
6
Minn Mollne Power Impl...!
100
Dec
"Dec —14%May
N
954
*984
1954 F
Jsstainped
11%
11%
45
•
1,100
2%
63
15%
90
6S
5
conv prefserles B...100
76
784
1954
f 51
s
2478
24
f 5s..
110%
27%
*40
*61i2
62i2
62% 62)2
♦108U 112
*108% 112 I
5'8
5
5»4
5%
395s 39^8
*38% 41
95
79
73%
117
♦11714 120
25
•
•v.*3
714
O
1944
5s stamped
,
*2%
*6038
17% Jan 10
90% Jan 28
40
75 4
J
1945 M 8
5s stamped..
1st A ref
11I6
27)4
7
678
*12
904
95
864
1947
Lehigh Valley Coal Co—
\'
*%
2)4
63
Jan 39
share
5R%Sppt
2% Jan
Dec
;
99
07
73
884
Lehigh A New Eng 11R 4s A..1965
:
'
%
109
45
93
85
Lehigh Coal A
s
*11%
*%
-,
110i«
28»«
283«
*12 0
3% to.
34s registered
1st A ref
63
117% 117%
98
77
1942
Lautaro Nitrate Co Ltd—
♦1st mtge income reg
''■.j;
11)2
117S
-214
*117% 120
77
Lake Erie A Western RR—
Co us
;ii%
:
:2»y
13
77
96 4
Lake 8h A Mich Sou g
34s...1997
Lehigh A N Y 1st
2%
66
*116'2 J21
■•76
98
Ref A ext mtge 5s
......1942
Coll A ref 54s series C.....1953
Coll A ref 5 4s series D
1960
Coll tr 6s series A..
1942
at
J
2)4
*62%
34
/
;•
*40
5sextended
2%
-
*11714 120
104 4
994 102
:• v.
v
"
(♦Laclede Gas Lt
2%
cum
1
'
_J
Minn-Honeywell Regu.No
20
rer
40'8 Dec
69% Jau 22
,^..50
Midland Steel Prod....No
2
Jan 12
9% Jan
104% Jan
6% Jan 24
103% Feb 5
MId-Continent Petroleum.. 10
600
7
1% F*b
9%- Jnn -9 -10% Jan 6 -—814
Jan 6
12% Jan 30
12%
107% Jan 13 108% Jan 6
103%
14% Jan 2
17% Jan 13
13%
:v.
7 •!'• Jan 3
6
6% Jan 3
29% Feb 3
32% Jan 19
26%
1
..
Miami Copper...
46% J an
Highest
share S
rer
16
.No par
conv 1st pref
4
$
90
Merch A Mln Trans Co. Nop
Mesta Machine Co
1,600
2,400
6%
13%
14%
*19% 20%
*100
101
40
*106
38)2
r-107
2%
*12%
103 4
1
conv preferred......100
Menge) Co (The)
120
28
40% Feb
1% Jan
86 preferred series A.No par
$5.50 prefser B w w.No par
Melville fthoe Corp
4----1
1,600
*24%
2)4
2'% •%-2% V 21.1
12% 12% *12% 13%
-74% 76
7312 ;74
*L16% 118
117)2 117%
13
,..100
*....
Mead Corp.......
7U2
27
*27
*1172
66
*lil2'' 12<8
1064 106 4
1064 1064
1
McKesson A Robbins Inc..l8
25%
*62% 66 V
•>
*63
834
;
3,200
4%
*23%
4%
25
McCrory Stores Corp..i._fc.l
6% conv prefeFred......100
McIntyreTorcupiue Mines..5
*70%
$ per share
Lowest
—
Par
1,000
*26
S per share
pref.....jVo par
McGraw-Hill Pub Go..No par
106
6%
*72%
cum
Corp...-:jVQ
100
.10%
106
MoOall
"""400
'2ft
>38%
*106 >107
*109
i
*24
26%
*100
39
...
UH
4
*1064
Koppers Co 1st mtge 34s
1961 m a
Kresge Foundation 3% notes.-1950 m a
.
SO 1st
6%
6%
*100
104
•
1st A ref 64s-..-
•
25
1.000
95
44s unguaranteed...1961
Kings County El LAP 6s
1997
4%
5
•
2^U .25
,
277k
:*2ii8
.101
♦I06H
1114 U14
404
434
80
85
.
6%
6%
14/.: 14%
-'
22
38s4
Kentucky Central gold 4s
1987
Kentucky & Iud Term 44s... 1961
26%
27'8
-
64
>
67 4
73
25
-
:::ioo
106
Par
;v--
*
91
10
Year 11941)
-fir-
i7fS-ii-:'
O
A
*• 64
•
9%
Ranee for Previous
Highest
May Department Stores..M0
Mavtng Co.
No par
S3 preferred.No par
100
-
V
6% -■ 6%
*6%
6%
*100
*100
104
lOOli
6% V 6'2
6%
6%
6%
79
*74
79
*72% • 79
*71
71%
71% *70%
71%
26
27
26
*257g 27
*70%
5'8
26
*25
106
900
*12% P2%
*101% 107
15% 15%
*6%
6%
*30% 31%
10%
■■■.:'.••
300
"
*89
Range Since Jan. 1
On Basis of 100-Share Lots
STOCK
Lotcest
Shares
1%
17
_„*9la
6%
*74
*5
''
Kanawha A Mich 1st gu g 4s.. 1990 A
llo
YORK
EXCHANGE
Week
40% .40%
104
*6%
27'fi
10%
10%
106%
106% *106
*100
7
79
-
10%
13
*l6lo
.12%
10%
6%
104
♦27
t*K C Ft S A M Ry ref g 4s..1936
♦Certificates of deposit..._
STOCKS
NEW
the
•
S per share
40%
L%
*3)4
13-
.10%
*76%,Ties
k
40%
*89
034
13
7
>
*74
534
964.
per share
91
*9%
1 067K *106
*64
r/-
Jones & Lauglilin Steel
*89
Feb.
17
^ 1078''1078
*100
James Frank! A Clear 1st 4s..lfl59 J
*16%
$
12
01o
fllo
9%
127k
13
127S
10734 *101% 107% *101% 10734 *101% 107
*15%
15?8
15%
15%
15% *15
15%
07s
*6% • 678
6%
6%
*6%
6%
32'2
31% 31's *30%
3138
30% 30%
*304
Jv;
--v
1%
16%
934
*106
if&vi
*1%
16%
13
*64
484
14
A
1%
167a
90
*15»4
904
Feb.
$ per share
*1%
*16%
14
*91,4
464"
'434
,40%
17
>12*4
97 4
4
354-
414
S
85
<
171
41 %
M
1
97.
J
Delientures 5s............. 1955 F
t'lowa
9/
A
S rer share
41%
Friday
Thursday
11
40%
*1%
*li«
*164
'*89
*1014
Ipt Rys Cent Amer 1st 5s B;7i:1972 M N
•41
41 >2
*414
2
11
144
144
114
214 284
1034 104 4
1044 105.4
28
254
S ter share
$ rer share-\
15 4
14
Wednesday
.
High
114
5
14
..^.1956 J
g 5s series 0
No. Low
1 4
IH
O
Sales
for
Saturday
Jan. 1
■
i
SALE PRICES !
Finte
5 «>
Feb. 7
Railroad & Indus. Cos. (Con.)
tM'iter-Grea' Nor 1st 6s her A_ 1H52 J
719
5
4% Jan
2
2
51
Jan
20
Jan 24
61
....No par
10%
Jan
Apr
60%
Aug
June
26%
Jan
45% Dee
...100
Owens-lllluols Glass Co. 12,50
Dec
120
45% Feb
9
51
Jau
3
Mar
3i% May
56 2
Oct
120
Mar
51%
Dec
Tuesday, February 17, 1942
CHRONICLE
THE COMMERCIAL & FINANCIAL
720
NEW YORK BOND RECORD
NEW YORK STOCK RECORD
Friday
WW AND HIGH SALE
i
Sales
PRICES
for
Feb. 9
$ per share
Feb.
11
Feb.
10
Feb.
Feb. 7
$ per share
S per share
Ran oe or
Sale
Friday's
fe
R
{♦Mo-Ill RR 1st 5s series A...1959
*5 %
11%
*29%
16%
16%
19%
30
*16%
17
15%
•*
178
*5ig
1?8
134
134
1*4
5%
2%
16%
*5%
1%
138
138
25%
25%
1
18,
13<J
26
26
*26
26%
25%
17
zl6%
16%
16%
16%
15
*3*8
*%
»«
*•%
16%
54%
16%
53%
69
68%
17%
53%
2%
*2%
134
1«4
431
*13
14
14
~2VS
23i4
J
*44%
46
♦1%
lis
17i2
*1%
7
*6%
H'7
100
22,200
52 %
52L
600
68
68
16..
16,100
20
200
46
46
500
1%
1%
*1%
16%
l*s
16*4
16'8
*6%
6%
1 '2
*1<8
*57s
100
17
5,700
6>4
51
48%
4934
48
48%
47
27
26%
263.i
26
100
48
24%
26>2
30%
31
39
39t2
75
*39
*74io
74%
9%
10%
74%
*10634 107
10%
74%
103%
74%
5%
300
6
578
5?8
5%
*5%
5%
5%
5%
5%
29% 30
39
| *39
40
74% *72 % 74
9% I
10
10
74%
73
74
10634 *106% 107
534
5%
30%'
650
1,070
24%
2478
25
*23
25
*23%
25
5%
30%
5
10
Feb
114% Feb
5
10
Jan 20
Jan 27
3
13
108
1,900
29%
5%
30%
30
*38i.i
39%
*39
39L
73%
9%
73%
9%
*73
74
71
72
400
5%
30%
5,700
200
50
10
10
71%
71io
700
100
50
Peoples Drug Stores Inc
5
Peoples OL&CC (Chic). 100
{Peoria & Eastern Ry Co..100
Pepsi-Cola Co.
1
Pere Marquette Ry Co
100
5% prior preferred
100
5% preferred
100
10
Feb
1% July
Jan
37%
Deo
115% Dec
16%
Apr
1
Dee
2
Dec
30%
Petroleum Corp of Amer
1
3
Jan
17% Aug
112% Mar
25
105%
500
*7
200
Phillips Jones Corp
*72%
734
84
54
1% Jan
5
%
Dec
18%
Dec
30% July
4% Dec
11% May
41
Dec
60% July
17
Dec
38
7
3
7% Jan 24
51% Feb 7
2
29% Jan 24
21
6
39
39%
6,000
2%
100
Jan
6
2
27%
35% Dec
Apr
Jan
35% Jan
47% July
69
91
5
4% Dee
32% Jan 14
40% Jan 14
76% Jau 30
10% Jan 7
73% Feb 11
9% Feb 11
23% Dee
s
Jan
7%
Jan
6
72
Dec
105% Jan 29
Jan
7
105
Mar
6
9
Jan 27
40%
*2%
40%
55
55
39%
*2%
2 if
*54
70
*9
174
♦174
2%
♦54
2%
58
*2
*54
17
xl
17
*160
...
*174
....
69
69%
68%
*978
10
10
4%
5%
10
57%
5%
*.56%
*2919
3019
*29%
6%
*165
*4%
4%
5%
55%
5%
55
57
28%
29%
*28%
68%
66%
10
*9
9%
*1%
1%
165
16%
1%
14%
16%
4%
11%
4%
1134
II9
1%
14%
14%
17
478
13
7%
8
*14%
8
8%
7%
734
27%
*26
28%
25%
46%
26
46%
*434
1278
7%
*778
*26
*16%
43,
12
7%
14%
12%
7%
17%
46% 47%
473«
*115
*115
117
117
47
♦115
14
13%
1334
*83%
84
84
*96
98
*96
*102
105
*100
Jan 22
78
Jan 17
67%
150
10
100
14%
10%
1,000
81
60
Jan
6
6'., Jan 15
68
Jan 21
8
9% Jan 14
—
No par
100
...100
No par
1
Jan
8
Jan
46%
Dec
3% July
52
July
Jan
Oct
109%
7%
46%
Dec
8%
4%
64
Dee
2
Oct
Jan
Jan
84
Jan
15
Jan
Aug
166
Oct
Mar
181
Feb
3%
Dec
7%
Jan
4
Dei
9%
Jan
Jan
2
Jan
6
45%
Fab
65
3
24%
Dec
43%
Jan
51
OR
75%
Jan
6
Dee
15
61
70
Feb 14
10% Jan 26
164
Mar
July
Mar
164
41.1
16
400
Poor & Co class
B..._.ATo par
Pcstal Teleg Inc pref..ATo par
Pressed Steel Car Co Inc
1
4% Feb 13
5 000
12
5% conv 1st pref
....5
5% conv 2d pref—
50
..No par
4,200
13%
81%,
95%
3,900
Pub Serv Corp of N
*100% 104
118
118%
200
13%
45%
5 % Pf (3er of
116%
13
*82
95 %
*114
25%
700
200
300
8%
7,800
10,300
9
98%
98%
500
90
10
90
6)0
z9%
9%
Feb 1 '29) .100
July
Jan
1,500
13
Feb
Feb
7
4%
3
5% Dee
Feb 10
8% Jan
8% Jan
Feb 10
29% Jan
3
21% Dec
52
6
50
Dec
Jan 24
115
June
Jan
7
Jan 31
45% Feb 13
115% Jab 2
Jan
11"
3
6%
Dec
11% Dee
8%
Jan
Oct
Jan
Jau
40% Jail
61% Sept
13%
13%
13%
120
29%
July
Jan
282%
Feb 11
95%
100
100, 103%
100 117%
Feb 13
Feb 10
111
Jan
9
106% Dec
137
Jan
Feb 10
123
Jan
6
117
Dec
158%
Feb
115
Feb
2
114
Dee
117%
No par
7% preferred
8% preferred
12% Jan
2
$5.No par
115
Feb
2
ATo par
24
Jan
2
No par
8% Feb 10
Jan
7
86
Pullman Inc
Pure Oil
9%
7%
7%
25%
Dec
14% Jan 8
86% Jau x 4'
a99% Jan 141
J..No par
S5 preferred
6% preferred
Pub Ser El & Gas pf
115%
25
17
21
3%
(The)
6% preferred
5% conv preferred
Purity Bakeries
100
100
No par
84
Jan
9% Jan
5
2
75% Dee
110
92
123%
Dec
Jan
Jan
Oct
26% Feb
4
19%
Dee
29% July
Jan
2
7
Feb
12
Dec
101% Jan 2
91% Jan 20
294
Mar
107%
Dec
10
10%
Jan
5
83%
Feb
8% Dee
1981 F
9%
91;
*9%
9%
9%
9%
9
8% Jan 12
9% Jan
2
8%
Apr
95% Aug
12%
Oct
12% July
R
'.'v
2%
54
*85%
2%
3
54
53%
2%
5334
234
*53
53%
*85%
...
2%
51%
2%
"2%
234
234
234
*45%
45%
14
14%
13%
*26%
46
16%
10%
26
14%
27%
*26%
27%
*25%
*22
23
*22%
23
22%
22%
*1%
2%
27%
1%
16%
10%
*25%
14%
11
*45
46%
*45
16%
*15%'
16
600
*10
16
10%
*15l.i
10%
10
10
700
26
25
25%
7%
*17
*9%
*41
23
2
"
45%
45%
*45
13%
14
*13%
*7%
*10%
12
*10%
7%
13
13%
400
1,100
------
23
400
*1%
2
800
4% 1st preferred
4% 2d preferred
50
50
48%
48%
240
Real Silk Hosiery
Preferred
*13%
15%
210
Reis (Robt) & Co 1st pref.. 100
7%
*7%
7%
300
Reliable Stores Corp
11%
*10%
48%
15
Reliance Mfg Co...
13
5
100
No par
10
9
9
9
*3%
9%
1,500
61
61
60
60
*59'4
61%
200
Preferred with warrants..25
48
46
46
45
45
*43
46
,30
Rensselaer & Sara RR Co.. 100
1
48
47%
334
3%
|
17%
*97%
*83%
|
126
5%
5%
127
70
27%
52
j
8%<
8%j
5%
17%
9%
45
68%
334
9%
3%
1634
17%
98%
86
5%
*3%
3%
16%
*97%
*82
5%
17%
*97%
98%
83%
83%
5
5%
*124
126
68
*67
69
8%>
*83%
4
4
*7%
84%
7%
84%
4
26%
27%
52
8%
7%
26%
*50
8
,
26%
3%
25%
*50
52
8%
*8
*7%
8%
7%
7%
*7%
4%
4%
4%
4%
*4
8%
17
9%
*44
5%
126
68
17
9%
46
16%
9
16%
9%
44
44
%
For footnotes see page 722.
*16%
*8%
44
%
*%
17%
700
11,300
98
98
200
81
200
*5%
*124
*66%
8
3%
84
r
85
124
84%
*50
16%
I
4
3%
17
98
68%'
126
♦83%
*7%
33S
5%
1,100
126
50
69
30
600
7%
7%
84%
84%
84%
50
4
•3%
3%
1,000
26%
25%
25%
52
50
50
6,900
100
2
Remington-Rand
lleo Motors v t c new.
.11
Republic Steel Corp...No par
preferred
100
prior pref ser A. 100
Revere Copper & Brass
5
6%
6%
couv
conv
9
'46% Jan
17
23% Jan
13
Common
10
2
9
Jan 28
15% Jan 28
27% Feb 2
Jan
24% Jau
20% Jan
23
1% Jan 13
39 «•
Jan 15
13
Jan 14
Jan
6
12% Feb
8% Jan
2
2
7
6
5
11% Jan 16
26% Feb 3
F
D
f;
' •'
V'.';
'i
J
105%
O
Gen & ref s f 4 %s series C
-
A
O
.1955
O
I)
J
Morris & Essex 1st gu 3%s
2000
1955 MN
41 M
Constr M 4 %s series B
1955 MN
Mountain States T <fe T 3%s.. 1968 J D
37%
Constr M 5s series A
41 %
43
42%
-A 38%
41
41 M
36
108
108
1947 MN
Mutual Fuel Gas 1st gu 5s
56
56
*113%
114
N
Nash Chatt & St L 4s ser A. ..1978 F
A
67 M
07%
3%s debs... ..I960 J
D
104%
S
102 M
National Steel 1st mtge 3s... ..1965 A
O
103 M
104%
102%
103%
National Supply 3%s
D
Nat Dairy Prod
Nat Distillers Prod
..1949 M
3%s
1954
.1954
{♦Naugatuck RR let g 4s
A/N
D
J
J
60
J
J
03
{♦New England RR guar 5s...1945
♦Consol guar 4s..
1945
69%
105
102%
103%
90
♦84
1948 J
5s
Newark Consol Gas cons
J
*115%
05%
02 %
120
66%
04
New England Tel & Tel 5s A— 1952 J D
1961 A/N
1st gs 4%s series B
120%
1st 4s... 1986 F
1960
N J Pow
Light lst4%s
New Orleans Great Nor 5s A.. 1983
NO&N E 1st ref & imp 4 Ms A 1952
♦75%
83
107%
108
121
A
N J Junction Rll guar
10.8
78
New Orl Pub Ser 1st 5s ser A.. 1952
100
New Orleans Term 1st gu 4s... 1953
{{♦N OTex & Mex n-cinc 5s..1935
O
♦Certificates of deposit
—.—.1954 AO
106%
76%
75 H
A
*31
1st 5s series B
41
A
38
♦Certificates of deposit.....
♦1st 4MB serlesl)
.1956 FA
,;
39
*lst 5s series C
37%
41 %
10
41M
♦Certificates of deposit
F
.....1956
1954
34
%
38
40
—
♦Certificates of deposit
♦1st 5 Ms series A
♦Certificates of deposit.
11
76%
40
*34%
...
♦
79%
*106%
1955
1st <fc ref 5s series B_.
102%
122%
77
76
77
AO
39
42
42
*3n%
46%
Newport & Cincinnati Bdge Co—
Cen gtd 4%s—
.—....1945 J
N Y Central RR 4s series A..1998 F
10-yer.r 3%s sec s f...
Ref & lmpt 4 Ms series A
Ref & Impt 5s series C
..1946 A
.2013 A
.2013 A
—
3%s
1952
J
A
O
V
O
M n
N Y Cent & Hud River 3Ms.-1997 J
J
1997|J
A
*100
3Ms registered
110%
"37
56
55%
57
96%
96%
97
128
51 M
50*4
53%
410
56%
56%
58%
185
58 M
57%
59 H
136
76 M
70%
78%
./
Lake Shore coll gold 3Ms...-1998 F
*70%
57 %
57 M
74
35
*
.
4
58%
'
3M« registered
Mich Cent coll gold 3Ms
—
*51
1908;F A
19!»8!F
A
53%
53 M
1998!/' A
3Ms registered
1
50%
54%
-
14
57
*50
New York Chicago & St Louis—
Ref 5Ms series A..
Ref 4 Ms series C
—
1st mtge 3 Ms extended to..
6s debentures
1974 A O
1978 M <S'
-1947i A O
78
O
—1951 F A
...19G5A
134
98%
93
93
392
~~
8
99%
100%
15
00%
61 M
1947 A O
Conv 5% notes
NYEdl8on3MsserD
1st lien & ref 3Ms ser E
06%
*97%
1950 J D
'
NY Deck 1st gold 4s
80
64
79
65 M
N Y Connecting llR 3Ms A.-1965 A
61%
37
76%
O
107%
77
.
107%
4
31
I960 A O
107%
107%
1948 J
118%
119
12
115
115
1
6
N Y & Erie—See Erie Rll
N Y Gas El Lt H & Pow g 5s
...
Purchase money gold 4s
D
1949 F A
a/n
'
2000 a/n
&Harleragold3Ms
1973 a/n
UN
4Mb series B
^
.1973
♦N Y L E & W Dk & I nipt 5s.. 1943 J
62
62
*104%
55%
63%
J
'50%
55
63%
*98%
Feb 13
1% Feb
3
48% Feb 13
16% Feb 5
Dec
334
55%
Jan
♦Non-conv deb4s
...1956 a/n
Oct
♦Conv deb 3 Ms
38% Mar
14% Dee
8% Dee
23
Dec
10%
18% July
29% Aug
{♦Collateral trust 6s
♦Debenture 4s
♦1st & ref 4Ms
Dec
2% Sept
53
Nov
1
22% Mar
7
Apr
Dec
9%
7%
24
16
Jau
Nov
9% July
Jan
Apr
12%
Api
53% Dee
10'% Nov
67% Jan
38% Jan
6
48
Feb
34
01
2% Jan
2
Dee
2% Dec
3%
Apr
Dec
16% Jan 21
19
Jan
2
14% Dec
Jan
3
98
Feb
6
96
Aug
101%
Jan
Feb
Jan
6
86% Jan 23
77
Dec
97
Jan
96%
81%
5
Feb 10
6% Jau
3
Jan24
97
Apr
74
Jan 20
60
Apr
4% Jan
5
24% Jan
2
27% Jan 27
50
2
54
Jan 27
9
Jan 15
8
Jan
Jau 23
4% Dee
128
8% Jan 5
85% Jan 19
6%
Dee
75% Dec
11
Jan
129
Sept
8Q34 Sept
15% July
95
Dec
10%
22%
Dec
July
34%
49% Dec
7% Feb
No par
No par
7% Feb 10
8% Jan 16
6
3% Jan. 6
5% Jan 20
2% Dec
9
9
800
*44
45
120
$2.50 conv preferred.No par
Apr
Jan
Jan
63% Jan
12% Aug
9% Jan
534
Jan
Nov
10
Jan 21
14% May
8% Dec
21
Feb 10
5
47
Jan
42
4834
Jan
1
Aug
16% Jan 21
9
22«4
1
4
Antelope Copper Mines.
Ruberotd Co (The)
No par
Rustless Iron & Steel Corp... 1
44
Feb
%i Jan 23
17% Jan 14
2
% Jan 26
....
18% July
Jan
4% Jan 14
6s registered
27-% Aug
61
12i., Feb
9% Jan
1950 J
1948 J
♦Conv deb 08....
Dee
6%
7% Feb
21% July
1947 a/ e
..1954 a o
♦Non-conv deb 3 Ms
♦Non-conv deb3Ms
22% Dec
19% Dec
Ritter Dental Mfg
100
1947 M S
deb 4s
2
Richfield Oil Corp.".
Roan
couv
♦Non-conv deb 4s
100
{Rutland RR 7% pref
111%
105%
J
1955 A
1955 A
Gen & ref s f 5s series A
1955 J
300
300
-----
111%
Dec
8%
%
+109%
A
J
88
4%
16%
*'4
102
:i-
Dec
8%
3o
105M
51
102
A
Jan
*71,
400
87%
51
Jan
*3
16%
25
102
4%
*4
9%
24%
A
62%
8%
44
26%
*84%
Dec
2%
7%
438
16%
1,200
25%
S
47% Dec
Jan 19
60
Jan
8
7% preferred
100 2118
68 1 Feb 10
5%% preferred
100
7% Feb 10
Reynolds Metals Co
No par
81% Jan 5
5%% conv preferred
100
3% Feb 11
Reynolds Spring
...... 1
Reynolds (R J) Tob class B.10
3% Jan
54% Feb
3% Jan
15% Jan
9% Jan
preferred
9%
4%
*8%
22%
*llo
25%
26%
2
2% Jan 26
45% Feb
conv
61%
734
84%
*734
22%
14
*7%
13%
*26
45
7%
*25
13%
26%
Jan
100
6%
40
25%
85
2% Jan
50
Raybestos Manhattan.No par
1
....25
Reading Company
50
Rayonier Iuc
S3 preferred
9
4%
*434,
13%
*25
$5 preferred B
.No im
Radio -Kelth-Or pheum
1
*60
*83%
27
14
1st pref..No var
*10%
86
*50
1%
26
conv
12
*97%
734
*251,
Radio Corp of Amer._ .No par
$3.50
"~90
20
63%
100
{N Y New Haven & Hartford RR-
9%
61%
*83%
5%
100
46
26
17%
981*
*68%
500
10%
14
*126
2%
46%
*1534
734
17
2'!,
*45
14%
*3%
2%
...
16%
45
*43
*85%
101
*7%
*9%
51%
1 ,'200
45%
14%
*60
1'2,GOO
16
45
*10%
51%
2%
10%
1%
45
1%
2%
*851'
*85%
*234
2%
52%
10
1M
25
25
1966
{♦Montreal Tram 1st & ref 5s. 1941
♦n011
:
3
25 M
25 M
A
M
{♦NY & Greenwood Lake 5s.. 1940
*9%
"1%
332
25%
26%
2.» M
*24%
1!
MN
1960
1965
3%s.l966
1st mtge4%s
6 debentures
Moutana Power 1st & ref
N Y
Quaker State Oil lief Corp.. 10
20%
25%
164
...
N Y Lack & West 4s ser A
800
9
119
3a
24%
24%
2
25%
25
25 M
78
20%
.
3%
Monogahela W Penn Pub Ser—
July
Dee
13%
5% Jan 13
1%
June
Jan 28
Plymouth Oil Co
Procter & Gamble
45%
»u May
Jun 15
300
*114
1% Jan 20
17
500
46%
Jan 22
14 >8
7,000
7>2
Plttston Co (The)
.25
3%
1949 A/N
il980 A O
Monogahela Ry 3%s ser B
Jan
Deo
33% Jan
Feb 10
55
28% Jan 21
65
July
Dec
174
%% 1st ser conv pr pf.100
Pittsburgh & West Va. ...100
Pit Youngs Asht Ry 7% pf.100
5
77
23%
6% Dee
5% Jan 14
6% Jan 5
Aug
27
163
4% Jan 2
5% Feb 13
9
109%
2%
16% Feb 10
7%
10
10%
5
13% Jan 13
7%
83
"6
2
8
6
3%
5
28%
X'iJth
Feb
36% Feb
"4%
31% Jan
5% Jail
Jan
89%
110% Pec
Dec
13
Pond Creek Pocahontas No par
*7%
13%
6
18% Feb
300
*2()i2
7%
45%
13-%
10
10%
14L
734
.
10%
600
17
4%
11%
26
*10%
1%
*1
27%
114% 116%
238% Feb
56
Jan *21
151? Jan 3
Jan
Feb 13
2
26% ..174
28% 265
13% 244
25%
gug4s_..1991
Moh'kA Malone 1st
Conv secured
Birthday
"
7%
1
No par
7% pref class B
5% nref class A
250
*719
118%
18%: 1 17
*114
115%
115
*114% 115
115% *114
25%
24% 25
24«4
25% 26%
26%
9
9
9
8 s4
834
9%
9%
9%
98%
98s4
98%
9834
98% 98%
*98% 99
*90
90
*89% 91
92%
90%
92
*90
1
118
*114
5%
220
1134
*26
5
...100
7% preferred
Pittsburgh Steel Co
57%
*10
11 *4
No par
Pitts Screw & B alt
29%
Lincoln's
Pitts Coke & Iron Corp.No par
Pittsburgh Forglngs Co
1% Feb
8% Jan
...100
6% preferred
2% Feb 13
41% Jan
38% Jan 10
45
100
Pittsburgh Coal of Pa
900
*28%i
*9
100
Preferred........
Pilisbury Flour Mills
25
Pitts C C & St L Rll Co...100
500
*55
*66
70
No par
5
$5conv preferred
174
5%
100
7% preferred
Phillips Petroleum
Phoenix Hosiery
Pitts Ft Way & Cblc Ry Co 100
*172% 178
*4%
4%
410
96
*95% 97
96
*100% 106
103% 101
123
11734 118% *118
96%
104
690
14%
17
*4%
117
81
84
*14
*16
7%
13%
13%
9
...
1%
II9
*1638
Stock
*9
1%
141
17
4%
6
68
100
*8%
4%
5%
Exchange
55%
28*i
Closed66%
66%
...
900
*160
*172% 178
*174
434
6%
57
2934
68%
434
478
5%
57%
*434
"""366
*5%
*62
174
*160
174
*160
174
700
32
834
8%
30
56
33
68
*63%
834
8%
8%
*5%
-69
*62
73
4
34
6
5%
5%
5%
*3%
10
1734
18
*97% 118
3%
3%
71.1
*31%
4
33
*3%
32
2%
56
56
171.1
*97% 118
*97% 118
4
8%
9%
*160
39
*7%
7lo
*2
36
*3%
*62
0
*62
40
4
36
*5%
39
7%
84
39%
34
4%
36
*72%
18%
*97% U8
*97% 118
4%
80
71*
18%
18%
*18%
.>
*72%
8
4% May
51% May
35% Feb
1% Dec
July
12%
8% May
75
107
Oct
7%
Dec
Feb 11
Jan
May
Jan
5%
Jan 13
6
Aug
2%
Dec
21
7
Jan
27%
2
2
6
6%
25 M
♦Certificates of deposit.,..—
Sept
38
No par
A
{♦Mo Pac 3d 7b ext at 4% July '38
Aug
Jan
71
F
Nov
%i Dec
High
Apr
25%
Dec
5% Jan
5% Jan
29% Jan
3
*105
84
40%
2%
*7l«
*72%
Jan
3%
52% July
36%
Jan
<..1965
•;
Gen & ref s f 5s series D —1955 A O
20
24% Jan 28
5
11%
89% Sept
3% Aug
5
Jan
O
Gen & ref s f 5s series B
Dec
17% Dec
■
6
23% Jan
—25
•
Dec
34% Apr
11% Dec
108% Dec
46% Jan
No par
Phllco Corp
Dec
1%
21
Feb
4
1
Jan
3
118
11%
A
14% Dec
54% Sept
46% Jan
6
106% 106%
1,800
■73
Jan
v
Apr
20%
Dee
43% Mar
Jan 21
Jan
Dec
%
6%
23%
% Jan
Philadelphia Co 6% pref—50
$6 preferred
:
24
16% Jan 21
Pfelffer Brewing Co—No par
Phelps-Dodge Corp
Jan
14%
Jan
Jan
42% Jan 29
rhlllp Morris & Co Ltd
10
Preferred 4 % % series... 100
60
8
75
*7%
O?
Jan
18
14%
'
75
Jan
106
24%
1
Jan 21
2
352
1967
♦Conv gold 5%8...
♦1st & ref g 5s series H
♦Certificates of deposit
♦1st & ref 5s series I
Jan
'
20% Feb 11
No par
Pet Milk Co
55% Jan
80% Jan
2% Feb
44
32
30%
.2ii.il
25M
......1975 \r r
♦1st & ref 5s series F...
1977 M S
♦Certificates of denoslt.
♦1st & ref 5s series G
1978 MAT
♦Certificates of deposit
19% Dec
95%
3
9
9
5
5
% Jan
20% Jan
Jan
97%
39
♦Certificates of deposit.
Jan
3%
Jan
% Feb
19% Dec
2
Jan
13
No par
:■
30%
27 H
♦General 4s..
4% J»a
9% Aug
Apr
7%
9
Jan
2% Jan 14
29% Jan 7
17% Jan 27
107% Jan 15
18% Jan 2
Sand Corp
22%
22%
*1934
46
27%
*5%
May
2
2
2
5% preferred
Pennsylvania RR
50
*23
99
1% Jan
38% Jan
Cement
Penn G1
27%
6
27
15% Feb
% Jan
$7 conv pref ser A—No par
14
*12io
*108
...
51»4
24%
5%
2
Jan
No par
Penn-Dlxle
300
28'2
5%
Feb
66% Jan
300
51
*578
4% Dec
1% Dec
52% Jan
1'2
28
2478
1% Dec
5
6
17
97%
31 H
♦1st & ref 5s series A
Jan
26
Jan
?
205
,26„
♦Cum adjust 5s ser A.-..Jan
Aug
8
No par
Penlck & Ford
41%
20%
6%
126
163
100
1% Jan
97 M,
39
{Missouri Pacific RR Co—
Jan
Dec
Jan
13% Jan
1%
22*4
17
95
Jan
2.50
41%
20%
*6
Dec
5%
2%
17%
8%
1%
ParmeleeTransport'n.-ATo par
Patino Mines <fc Enterprises. 10
300
22%
16%
Apr
147% Apr
2
Jan
25% Jan
15% Jan
2%
*2
46
7
17
Consol Mines
1
No par
Penney (J C) Co
No par
Penn Coal & Coke Corp
10
1,500
22
17%
17
Park Utah
Parker Rust Proof Co
1S78
44%
1%
1
Park <fc Tllford Inc
500
16%
44%
23%
100
6% 1st preferred
11
6
2% Jan
Feb
No. Low
36 M
J
1962 J
—
22% Jan 6
98% Jan 3
13% Jan 17
108
Jan
7
"
Ino
19% Aug
Jan 28
3
Fel)
148% Jan 19
v.-l V Jan
...100
Parke Davis & Co
*20%
22%
Paramount Pictures
•
40
Feb
Jan 15
Jan 17
4%
6%
17%
26%
18
14% Jan
8
Dec
20
1% Jan
Airways Corp.5
Petrol & Transp..5
Panhandle Prod & Ref
Parafflne Cos Inc.-_-.ATo par
Dec
25% Nov
15% Nov
11% Jan
28% Jan
31
5% Jan
Pan American
May
10
Feb
12
101
High
97 M
y
40-year 4s series B.........1002 j_J
Prior lieu 4%s series D
1978 J J
12% Sept
7% Nov
7%
13
Jan
1%
10
Packard MotorCar—..No par
800
46
22
45%
Corp...l
Pacific Tin Consol'd
Pacific Western Oil Corp...
5,800
16%
1*4
*108
.—....100
1%
22
23%
23%
*20%
*2012
17%
14
*12%
*108
*108
*108
. .
25%
1778
2%
*1%
6% preferred -
Apr
1% Apr
8% Jan 27
6% Feb 3
21% Feb 3
'
41% 41%
*12% .14
42
100
Pacific Tclep & Teleg-
158
53%
68%
*2
1U
1'2
42
43%
*13
*41
*41
*16%
2%
2%
2%
*1%
23s
68%
69%
69%
i*15g
♦52
54%
*52
70
*69l»
15%
17%
16%
1734
53
15
•100
17
No par
No mr
Pacific Mills
Jan
9% Jan
—
Pacific Ltg Corp
"
21
9
7
Jan
5
18% Jan 2
27% Jan 2
13% Jan 3
95% Feb 10
145% Jan 27
18
No par
No par
Pacific Finance Corp (Cal).lO
Pacific Gas & Electric.
-25
4% conv preferred
9~400
14%
17
Cd~——10
24 preferred
25lo
1 *4
25%
17
7
17%
1*4
25%
400
~
110
*106
'18%
*17
2~<K)6
26%
100
14%
143s
109% 109%
14%
pacific coast
Pan-Amer
"
1%
*24
*16%
*%
nv
.
4,700
8%
*8
*90
26
1
10,700
25
18%
134
*17
134
1%
158
®8
18%
*17
18U
*17
200
2%
16%
100
114
113% *107
*110% 114's *108
5%
2%
16%
25
14%
4,400
1%
1%
*5%
*90
100
13%
1434
14%
1478
50
8%
1%
1%
25%
1%
25%
*94
100
*94
100
80
16%
*8
884
*8
o
1%
27i2
1478
96
149
2%
*2512
*94
600
1*4
5%
2%
834
*8
8-14
16
+95
2%
16
500
+145
149
5%
16%
19
29%
*15
1%
16%
1658
5,500
3,800
18%
96%
*9534
445
mm
11%
9%
29%
,
16
*15
M
2% :
17
11
534
*5%
2%
*8
19%
29%
2%
1%
534
2U
*16%
19
10%
7% Feb 11
4% Jan 2
Pacific Amer Fisheries Inc...5
1st preferred
19%
11%
8%
•29%
95%
95%
*95
96%
149
146% 146% *145
05% 90%
*14618 14612
*17
10%
10%
29%
16%
9%
19
19%
30
5% —■280
—5""~
19
*17
10%
10%
19%
10%
30%
10%
*30
"5%
19%
*17%
1134
10
.12
19»8
n%
6
191
*10%
12
*11
5%
*5%
*18%
fi
♦19%* 20%
300
7%
*7%
7%
7%
-*5—5%
784
"
B3&5
37
Low
J
1990 J D
4s
Mo Kan & Tex 1st gold
Prior lien 5s series A
_734
rH
Asked
&
97 M
Railroad & Indus. Cos. {Con.)
share $ per share
$ per
MFsonri-Kansas-Texas RR—
_*7% _8
Bid
Price
Na,
Highest
Lowest
Highest
5 per share
Par
Shares
$ per share
100-Share Lots
Lowest
Week's
Last
«>•«
N, Y. STOCK EXCHANGE
Week Ended Feb. 13
-Fear (1941)
EXCHANGE
Week
13
Feb.
12
$ per share
$ per share
$ per share
NEW YORK STOCK
the
Friday
Thursday
Wednesday
Tuesday
Monday
Saturday
On Basis of
BONDS
Range for Pre tlous
Range Since Jan. 1
STOCKS
14«4 Aug
ser
J
J
J
{♦Harlem R & Pt Ch 1st 4s-1954
g
4s
1992
UN
N Y Queens El Lt & Pow
O
3Ms-1965
27
20%
29%
68
20%
20
27
33%
32
49%
7%
30%
32%
76%
70%
78
5
110%
*106
105%
30%
Debenture 4s
...
For footnotes see page 723.
106
31%
11
82%
J
108%
J
3 %
+109%
110%
o
102%
108%
4 %
110%
110%
101%
102%
*25
A
28
20
F
♦Certificates of deposit.........
♦Ctfs of dep (issued by reorgan¬
20
*25
+102
O
A
A
127%
103%
102%
103%
104
127%
A
_1959 F
28
...
102%
A
F
F
1954
106%
10
J
Niagara Share (Mo) deb 5Ms—1950 A/n
3%s——
1%
47%
110%
82
10
J
Nlag Lock & Ont Pow 1st 5s A-1955 a
Debenture
5%
♦2%
1966 M S
ization manager) 5s
..1961
♦Ctfs of dep (issued by reorgan¬
ization manager) 5s
..1941
Norf & Western Ry 1st g 4s_ —1996
North Amer Co deb 3Ms
1949
105%
J
A
1940 fa
♦Terminal 1st gold 5s.......1943 a/n
{§♦Norf South 1st & ref 5s..... 1961
40%
F
{♦General gold 5s
Te!epho:e3%8 8er B
1967
{{♦NY West & Bost 1st 4Ms.. 1946
1%
8
8
259
2
21
234
2
40
4
*99%
46%
J
—
N Y
34%
48%
7%
J
J
%
31 %
mn
1963 J
{{♦N Y Susq & W 1st ref 53
1937
{♦2d gold 4Mb
.....1937
Niagara Falls Power 3Ms
19
29%
27%
o
N Y Rys prior Hen 6s stamp. ..1958 ./
N Y Steam Corp 1st 3 Ms
27
20%
D
a
1993 A
1942
20
27%
m s
1955 J
♦General 4s
{♦N Y Prov & Boston 4s
NY & Putnam 1st con gu 4s
29%
25%
J
1948 J
1940 A O
1957 ma'
of 1927...1967 J D
{♦N Y Ont & West ref
27%
*24
26%
103%
103%
103%
"21
3
112% 115
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4047
Volume 155
NEW YORK STOCK RECORD
NEW YORK BOND RECORD
Week's
Fridai
BONDS
N. Y.
Last
STOCK EXCHANGE
Range Since Jan. 1
Bid
Monday
Feb: 9
Tuesday
Feb.
Wednesday
10
F6b.
11
-
•
I,
Thursday
Feb, 12
EXCHANGE
Friday
Feb.
Range for Preilous
On Basis of 103-Share Lots
NEW YORK STOCK
Saturday
Feb. 7
Railroad fk Indus.
Price
STOCKS
low and man sale prices
Range or
Fridays
A
Asked
•
Sale
Week Ended Feb: 13
721
Year
i
' "
(1941)
;
Lowest
13
Lowest
Highest
Highest
Cos.\Con.)
Shares
North Centtrnl gen A ret 6s.,.1974
Gen A ref 4 VisserlerA.'——_ 1974
{Northern OhloTty—
♦1st gtd g 5s
—.——.•.—1945
♦1st mtge g 5s (stamped can- *
epilation of guarantee).
—.
St Joseph Lead
6% preferred
...100
{St Louis South western... 100
5% preferred
100
Safeway Stores..——No par
5% preferred
.......100
North Pacific prior lien 4s..... 1997
;
*
•
4s registered...
—....1997
♦108*8 109*2
1734 17*4
r
16*8 16*8
*85*2 87*2
Gen Hen ry A Id g 3s....Jan 2047
3s registered. i
.—.1—2047
.
.
.
Ref A impt 4 His series A... .2047
Ref A impt 6s series B.
.2047
.
'
Ref A impt 5s series C
.
-
...2047
34
<;
*114 C
Ref A Impt 5s series D..... .2047
Northern States Power Co—
*108 V
Schenley Distillers Corp.....5
5H% preferred-^100
34
Scott Paper Co
116*2
—
*6!<
*104?$
Ohio Connecting Ry 1st 4s.,
Ohio Edison 1st mtge 4s
57
Sharpe A Dohme.
.No par
cons
Jan
6
Apr
51%
Feb
53*4 Jan 16
5*4 Jan 20
108 H
1031A
33*2 Jan
14^4 Jan
102%
103
117%
4s.
*112%
105%
104%
Oregon-Wash RR A Nav 4s
.10
86 preferred
Smith (A 0) Corp.
9
22
3
95
100
112
No par
Jan
Pacific Coast Co 1st g 5s
1946 J I)
Pacific Gas A El 4s series G...1964 3D
1st A ref mtge 3%s ser H—.1961 J
1st A ref mtge 3%s ser I.... 1966 J
1st A ref mtge 3s ser J
.1970 J
1st A ref M 3s series K
F
J
Pacific Tel A Tel 3%s ser B...1966 4
Ref mtge 3%s series C
1966 J
Paducab A 111 1st
f g 4%b_..195S J
s
D
1971 J D
f*Pac lilt of Mo 1st ext g 4s..l«38
}42d ext gold 5s.......
1938
*83
A
111%
fi
110% 112
109
107%
100%
101%
87%
25
107% 109
111%
108%
107%
100%' 100%
*100%
......
86
86
*
./
......
J
87
106%
107%
106%
107%
*105
.....
1
5
14*2
Feb
25*8 July
9
13*8
Jan
Feb
15
4
7*2
6
1
85
1
....
2034 Jan 10
12*8 Jan
Southern Ry
90
18 j Feb
5
35*8 Jan 24
47
Jan 9
.No par
100
Mobile A Ohio stk tr ctfs 100
Sparks Withington
105
Spear A Co
105
1
101% 103%
Paramount Broadway Corp—
1st M s f g 3s loan ctfs.....1955
Paramount Pictures 4s deben..!956
Parmclee Trans deb 6s
1944
47
Pat A Passaic G A E cons 5s.. 1949
118
♦Paulista Ry 1st
s
34
f 7s.......1942
97
34
*50
58% 59%
99% 100%
56
334
334
*4112
43*8
33*8
49
118%
105 v
33*8
*112io 117
*43
Pennsylvania Co—
Guar 3 %s truBt ctfs C
Guar 3%s trust ctfs D
Guar 4s
ser
1942 J
1944 J
D
*104%
E trust ctfS—1952 MN
28-year 4s
1963 V A
Peuusyl Glass Sand 3%s......l960 J D
4%s A '77 •4 O
Pa Ohio A Det 1st A ref
106!$
106%
103%
104%
105
105
102%
102%
102?$
106
107%
107%
1981 J J—...*101%
1969 F A 107% 107%
1974 F -4 106?$ 106%
4%sseries B..
Light 3%s
Penna Power A
4%s debentures..
-.1965 J D
1968 J
Gen mtge 4%s series
Conv deb
1
-.1981
1984
1952
E
3%s
♦income 4a
.....
1st 4s series B
0
M
110%
91 %
100
99%
86%
8
112%
\ O
43%
Ai r
1974 F a
Apr 1990
Peoria A Pekin Un st 5%s
Fere Marquette 1st ser
J
•4
1960
Peoria A Eastern 4s ext
0
J
1947
Peoples Gas L A C ref 53
O
■1
1970
Debenture g 4 %s
General 4%s series D
D
104%
3
A 5s...1956
1956
J
J, J
—
1st g 4 %s series C
...1980 M 8
Phelps Dodge conv 3%s deb—1952 JD
60%
1974 F A
1977 J 3
General 4%sseries D
..1981 J D
J
Philadelphia Co coll tr 4%s...l961 J
General g 4%s series C
W fc
Phlla Electric 1st A ref 3%s... 1967
J
1949
♦Conv deb 6s
D
J
1st A ref mtge2%s.--1971
{♦Phlla A Read C A I ref 5s...1973
J
]r 8
3
J
{§♦Philippine Ry lsts f 4s....1937
_
...
H2%
60
59%
60%
110%
102%
27
7%
1%
♦Certificates of deposit
J
1951
J
101%
60%
*105%
*116
6
No par
110
Jan
8
7t« Jan
7
1*8 Jan -6
7jj DeC
8*4 Dec
l0i4 Dec
23*8
3978
Standard Oil of Indiana
39*4
*2734
*33
28*2
34i2
50
5*4
5*4
37g
434
434
47g
52*2
47g
53
124
86
cum
$7 cum
prior pref
prior pref
14
13*4 Jan 14
No par
.
.No par
25
Standard Oil of New Jersey.25
Standard Oil of Ohio...
.25
Starrett Co (The) L 8..No par
_
Sterling Products Inc
Stewart-Warner Corp...
:.
_
.10
Stone A Webster
Studebaker Corp (The)
I
Sun Oil Co.
No par
Class A pref (4 Ji % cum) 100
Sunshiue Mining Co
100
123s
17*4
24*4
Symington-Gould
101%
105%
110%
111%
102%
102%
1334 Jan
19*4 Jan
6%
2%
8
36
1945
1949
*106%
1953
Jan 10
Jan
Series G 4s guar
1957
conv
list 4%s
1st mtge 4%8 series
...No par
.100
Preferred
Jan
2
Jan
♦110%
Thompson Prods Inc..No par
26
Jan
*120
Thompson-Starrett Co.No par
$3.50 cum preferred.No par
i2
8*4
9*2
91*4
Tlmken Detroit Axle..
30
107?$
$4.50
No par
10
conv pref
98%
*105%
99
63%
8*4 Jan
63%
»i« Jan
v-\ *■.
•
:.2
7% preferred
.
AM*....... 1960
.....1950
3%s.—1966
Pressed Steel Car deb 5s.——1951
Port Gen Elec 1st
84
85%
1st 5sexte»ded to
*105?$
*107%
•*75
85
8*8
3%s. .l968
109
109
^■'64*2
'.i.._2037
...-J.2037
Public Service-of Nor 111 3%s.l968
Purity Bakeries s f deb 5.1
1948
♦143
jam
Dec
18
Jan
Jan
117a Deo
9978 Deo
9*8 Mar
95*4 Aug
27*2 Feb
35% Sept
51*4 Jan
Dec
Dec
5<4 Jan
Feb
2
12*8 Feb
4
8*2
6"s
*8
60
Dec
Mar
17*4 Jan
107$ Aug
Dec
Dec
2
Jan
75
Jan
4
Feb
Jsn
10
Jan
2
66*2 Feb
9
1
Jan;l9
Feb 6
7
6
11
2
9*4
22*4
3*2
40*4
9*2
Jan 27
5
May
16*2 May
*4 Dec
Jan 27
Jan 13
2
2
2
2
2 k33'4 Jan20
®
6*4 Jan 29
16
Feb
7*8 Bept
11*4 Aug
9*s Sept
24
"
Dec
1*4 July
27*t Sept
Feb
4h Dec
9*i
Jan
108
{♦ProvidenceSec guar deb 4s..1957
{ ♦Providence Term-1st 4s——.1966
Jan
34
1 *4
.—
Potomac El Pow 1st M
7
6
Dec
4
287g Jan
,..100
...
Twin Coach Co-——.1
*4
5
9
5
19U Jan
1*8 Jan:
21*4 Jan
5*8 Jan
Twin City Rapid Tran.No par
'
Dec
3*2 June
24*4 Nov
5
7 >g Jan
20th Cen Fox Film CorpNo par
$1.50 preferred
—No par
..1962
series C----.——1974
4%6 series D——1977
1st gen 5s
Dec
Jan
1*8
7
Feb
11
10
44% Sept
43g sept
60*4 Sept
5% July
40
Aug
4i8 Jan
37*4
2
Truscon Steel Co
A--—1948
3*8
Sept
6
4**8 Jan 6
61% Jan 3
6*g Feb 10
.No par
Jan
May
3Q
Jan 20
95'2 Jan
34*8 Jan
43% Jan
3
Truax-Traer Corp
5
Dec
Dec
3S
Bept
Dec
May
7S4 July
638 Aug
14
July
10*8 Jan
June
2
10*8 Jan 13
9*8 Jan 10
Tri-Contlnental Corp..
1
$6 preferred
...No par
63%
63?$
4
5
32
Jan 28
10 >8 Feb
Jan 28
Transamerloa Corp
2
Transcont'I A West Air Inc..5
104%
938
46is
4*8
38*8
Dec!
2
Jan 12
lli« Feb
3
Trausue A Williams St'l No par
104%
Deo
34*2 Feb
2
Jan 28
4*8 Jan
57s Jan 19
Tide Water Associated Oil.. 10
108
108%
102
108%
101%
Dec
5'4 Mar
3*4' Feb
5*4 Dec
32%
384
6*4
27*2
38'8 Feb 13
120
120
A—1958
s
Aug
Sept
5*2 Nov
38*2 Aug
334 Jan
Dec
1*2
6
30*8 Dec
50
Feb 11
Thompson (J R)
112
lBt gen 5s series B._
1st
Jan
Aug
7h July
27
234 Feb
Jan 5
Jan 2
Jan 10
Jan 20
112
2'
3
Jan 16
Jan 6
9*4 Jan 21
41*2 Jan 20
2
2
30
100
25
1st mtge 4 %s series C——1960
i
Dec
6
3% Feb 13
1
Thermpid Co
*{
Pitts Y A Ash 1st 4«ser
Dec
3*8 May
5r
Jan 16
6
41% Jan 20
234 Feb 2
41
Jan
7
No par
$3 dlv conv preferred.—.10
B......l959
ser
Jan
Jan
July
July
3% Dec
11*8 Jan 26
2
2
73g Jan
6*8 Jan
100
No par
pref
Feb
Jan
638 Jan
2
Tlmkcn Roller Bearing.No par
Pitts A W Va
July
9
21
2*8
18%
23%
5*2
25
24>2
19% May
347g Jan 14
2
Third Avenue Ry...^.
4 %s A.1952
Pitts Steel 1st mtge 4%s„.... 1950
Pitts Va A Char 1st 4s guar... 1943
8% Jan
66*2 Dec
16*8 Nov
16*2
Dec
Aug
126
3*8 Dec
Jan 27
3
2*8 Jan 2
327g Feb 13
Jan
The Fair
106% 106%
34*4
2*4
9*8
30*4
Feb 10
5
Thatcher Mfg Co
Scries F 4s guar gold
107%
2
7
6
Texas A Pacific Ry Co
Series K 3%s guar gold
Pitts Coke A Iron conv
Dec
12*4 Dec
1*4 Dec
9*8 Dec
3
6
Nov
July
40 • Jan
66 June
834 Jan
6% Nov
8*8 July
338 Dsc
3
4U Jan
5
1*8 Feb
5
5
25
Texas Pacific Land Trust —1
102%
101%
412 Jan
3 4*4 Feb
9
50
Texas Pacific Coal A Oil—10
3
Series 11 4s guar...
1970
1975
.....1977
Dec
50
Apr
ll7*2June
3
24*4 Jan 28
5*4 Jan 5
1
Texas Gulf Sulphur...No par
7%
1%
Corp
Texas Co (The)
Texas Gulf Produc'g Co No par
104»at 10:«n
5s series A
series B...
25%
34*s
4fl78
48*2
Dec
4*2
Jan 26
25
114 Jan
4^ Mar
21% Mar
2234 Mar
3*2 May
4% Dec
—__
Swift International Ltd..
Tennessee Corp
27
25%
*102'»:<2
Gen 4 %s series C
Jan
6*8 Jan
113*2 July
Dec
51
578 Jan 14
15*8 Jan 9
158 Jan 14
Sweets Co of Amer (The)..50
Swift A Co
25
223g
47jj
126
Superheater Co (The)..No par
Superior Oil Corp..
1
Superior Steel Corp
100
Sutherland Paper Co
10
5%% partlJ pref
Telautograph Corp
1942
Gen mtge 5s
33
29
5
27
5*8 Jan 5
478 Jan 6
-5534 Jan 9
Dec
June
1778 Mar
25*3 Mar
33
Feb
4 >8 Jan
No par
Talcott Inc (James)
Series C 4%s guar
Gen mtge
Jan
6
1
112
100»»»100>*,!
Series J cons guar 4%s
Fob 5
Jan 6
Jan 271
Jan 3
3434 Jan 16
56*8 Jan 6
2?78
27*2
42*4
33*4
6
Stokely Bros A Co Inc
3%
108
11 >2 Jan
No par
4*2
1334
334
Jan
3934 July
38*2 July
60
Dee
6*8 Jan
57% Jan
40% Aug
11734 Aug
48*2 Dee
i8 Nov
84.50preferred..
Standard Gas A El Co.No par
$4 preferred
No par
$3.60
I960
,...1963
1964
47*2 Dec
6
Jan
Standard Oil cf Calif
138
0*4
108%
*i00"3S
Scries I cons 4%s..
Dec
Fab
Dec
111
5
22*2
9JO
122
110%
110%
Pittsburgh Cine Chi A St Louis—
Series 11 4%s guar
1942
Series H cons guar 4s—
Deo
3
34*2
31%
July
Nov
Oct
106%
*1%
Phillips Petrol l%s debs
July
July
July
Aug
Dec
Map
No par
21*2
43.4
70
4% Jan 6
45*2 Jan 14
38*8 Jan 6
114
Feb 11
49*2 Jan
22
No par
*12*8
173g
*3*4
24*8
.....
3
Jan
July
July
Mar
Standard Bra ids
*1%
6%
60
No par
4*2
13*2
45
68
pref A
10®4
124
112%
42%
*108
105
Birthday
87%
1051$
60%
Lincoln's
100%
-.%
Phlla Bait A Wash 1st g 48—1943 MN
General 5s series B—
98%
86%
conv
*'4
*1*4
*878
10*4
378
100%
*107 4
-68%
Closed—
122
104%
111%
92
99%
4*8
101
*5914
Exchange
110
94%
103%
110%
90%
$3
69
Feb
17*4 Dec
27 "8 Dec
27*2 Apr
64*8 Aug
8
6
5
20*4 Jan
Spiegel Inc
2
Couv $4.60 pref
No par
Square D Co
1
5% conv preferred
100
Squibb (E R) A Sons..No par
23
110
110
......
31*8 Jan
36t2 Jan
Spencer Kellogg A Sons No par
Sperry Corp (The) v t C.....1
Splcer Mfg Co
No par
£21*8
<
Stock
Pennsylvania RR cons g 4s...1943 MN
*103%
Consolgold 4s
.........1948 M N 109% 109%
4s storl stpd dollar May 1.1948 MN.k„„
1()9%
Gen mtge 3%sserles C.....1970 1 O
94
93%
Consul sinking fund 4%s
1960 F A 121% 121%
General 4%s scries A
General 5s series B
101
..
■
Sept
Aug
$5 pref series A
4
105
104
......
45*4
*112
*102
I>
No par
Jan
13*2
14%
19%
36*a
3/*a
2
6t2
Jan
11*4
5
6
178 Jan
3*2 Feb
No par
27%
310
8
13*8 Jan 26
5% preferred
106% 108%
107% 108%
5
Dec
60
26*1 Jan 26
14434 Jan 27
10*4
2%
133s
23 s
150
19*2 Feb
23*4 Mar
1
May
2
Dec
Jan 23
2
Sept
18*2 Nov
Dec
li2 Dec
13
Feb
313
June
120
Aug
16*8 Dec
1534 Jan 16
100
$5.50 preferred
Panhandle EaRt P L 3s B.....190O
6
6
Southern Natural Gas Co.7.50
Southern Pacific Co...No par
....
Jan
5
17
8% preferred-
Oct
Jan
114
Feb
13*8 Jan
Southern Calif Edison.....25
'
106% 107%
100% 102%
101% 101%
35%
112
8*8 Jan
20*4 Jan
South Am Gold A Platinum.1
S'eastern Greyhound Lines..6
So Porto Rico Sugar...No par
83%
108%
-
0..i...
D
82%
85
111 %
11
I)
91
89%
..10
SniderPaoklngCorp...No par
Sooony Vacuum Oil Co luc:15
90%
Oct
Feb
11U2 Dec
Jan 28
Smith A Cor Type v t c.No par
Otis Steel 1st mtge A 4 J$s..
678 Sept
40
Jan
16*4 Dec
5
Jan
21*8 Jan
2ig Jan
30*4 Nov
I87g Feb
2
26
15
Sloss Sheffield SteclAIron.100
105%
Jan
28*2 Jan
Slraonds Saw A Steel..No par
Skelly Oil Co...
57g Nov
59
Dee
Dec
3234 Dec
10*8 Jan
2
Deo
11*8 Dec
1
Nov
4
3
2
4*8 Jan 14
13*2 Jan 6
li8 Feb 3
Silver King Coalition Ml ies.5
Simmons Co
No par
108%
112%
107%
*112
5s
Dec
3*4
Sheaffer (W A) Pen Co.No par
Shell Union Oil...
15
*103
5s.
Dec
48*2 Dec
Jan 15
7
•
$3.50 oonv prefser A.No par
Shattuck (Frank G) ...No par
Simms Petroleum
Guarstpd
60
4*2
7*2
3
Sepf
Sept
Mar
July
>4 Jan
84 July
17 July
3*4 July
78% Jan
10*8 Jan
14*4 July
71*4 Jan
1% Apr
49% Dec
5
Jan
Jan
Sept
112
Jan
Dec
11*4 Dec
*4
6*8 Jan 27
10
109
Ontario Power N F 1st gu 5s.
con g
*s
Jan 28
13*4 Jan 5
3*4 Jan 23
.1
Dec
107
ht Feb 10
108 J$
103
Ontario Transmission 1st 5s
109*2 June
108*2 Feb 13
107?/$
109 HJ
4s debentures.
cons g
Sept
109
Oklahoma Gas A Elee 3J$s_
Ore Short Line 1st
June
23
175s
94%
39%
115%
.....
,--
Oregon RR A Nav
113
June
Apr
June
Dec
107 !$
109J4
1st mtge 48
3?$s--
Deo
12*8
8*2
79
31
Dec
1% July
4
July
Jan 10
Sharon Steel Corp
No par
$5 conv preferred..-No par
7H
47
110678
116
Seaboard Oil Co of Del.No par
Seagrave Corp...
5
Sears Roebuck A Co...No par
gu g 4s
Apr
3
3
5
Jan 15
Jnn 9
1
Servel Inc...
35
Jan
39»<
%
>2
6
8
'ji Dec
*u
Jan
Feb
{Seaboard Air Line
No par
4-2% preferred....*....100
(Minn) 1st Aref M3%S—-1967
(Wise) lst.mtge 3%s
...1961
Northwestern Teleg 4%s ext... 1944
3
110
...No par
Dec
July
Feb
Apr
May
Apr
Sept
<19t2
:
16%
89«2
36%
'
27
Jan
44
14.50 preferred--..—No par
$4 preferred .....—No par 1
.
1st mtge
,
;
Savage Arms Corp.......-.6
■
{I Og A L Cham 1st
347s Jan 27
*8 Feb- 5
78 Jan 27
2*4 Teh 13
6*2 Jan 20
10
{St Louis-San Francisco... 100
1946
♦Certificates of deposit
Public Service El A Gas
let A ref mtge 5s.1st A ref mtge 8s—.
*95
5%
'
95%
30*4
6%
.—
109
104
'
7258- 74*4
80*i 81
*10*4 11*8
27*4 27%
28%
Reading Co Jersey Cent coll 4s.1951
Gen A ref 4%s series A.....1997
Gen A ref 4%s serles B—-.1997
Remington Rand deb 3%s
1956
Republic Steel Corp 4 %s ser B.1961
Pur mon 1st M conv 5%s___1954
96*8
10%
29%
97*8
107g
11
11
*106*2 109
40*4 40*4
19
*18
su
Gen! mtge 4%s series C—..1956
14*2
For footnotes see page 723.
8*2
66
For footnotes see page 722,
■
u
Union El Co of Mo $5 pfNo par
■ ■
72*4
10*4
£10*4
*105%
40*4
80%
11*8
27%
2878
97%
10*4
10*4
109
40%
18
18
11ji
*4
14*4
14*2
si«
145si
•
73*2
80*2
*10%
73*2
80%
Union Pacific RR Co——100
11%
Union Prem Food Stores Inc.l
£27%
28*4
27*4
29
Union Tank Car
*95*4 96*2
10% 10*8
10*4 U
*105% 107
40
*17*4
*4
14%
4% preferred.
100
...No par
United Aircraft Corp
5%
Un
...5
i—.—.100
Air Lines Transport
6
conv pref w
United Biscuit Co
No par
5% preferred
—100
40
United Carbon Co
No par
19
93i
14*8
United-CarrFastCorp.No par
United Corporation...No par
$3 preferred.—.
No par
' Jan
104
Pref $4.60series—...No par
13
72
80*4
*10*2
27%
28*4
96*4
8
2
'-
64i2"Feb) 10
109
Feb: 9
Union Oil of California..L—25
13
13*4
13
Under ElUott Fisher Co No par
Union Bag A Paper.. ..No par
Union Carbide A Carb.No par
*30V 31
3*2- ^878
64*2 65 :
109*4
109*4 *109
101'TOM
10*
31*8
Fet*
6
27% Dec
9*4 Jan 6
74*4 Jan
3
112*4 Jan 12
108
Jan 6
Jan 29
Feb 5
Feb 6
Jan 30
26
2778 Feb 6
28*4 Feb 11 1/36*8 Jan 6
96% Feb 10 104*4 Jan 5
10*4 Jan 10
1178 Jan 28
10*2 Ja** 3
11*8 Feb 31
105
Jan 12 107*2 Jan 7
37*2 Jan 2
427g Jan 19
17% Jan 7
18% Feb 6
12*8
63*4
78*4
10*4
Jan 2
Jan 2
Jan 9
Jan 16
Jan 14
Jan
2
14% Jan
2
13*4
77*2
81*2
11*2
*8 Jan
5
16*8 Jan 15
7
377g Sept
.12?4
797g
115*4
112%
Dec
60
«■
Feb
£lll*4, Jan
106% Dec
16
857g
85*4
13%
31
44»g
11% Dec
57*j Dec
73
Dec
9
Dec
24*8 Dec
28*4 Dec
i.
Jan
Bept
Nov
Sept
Sept
Jan.
Jan
Jan
July
Jan
—.
17% Jan
14*4 July
113*4 Feb
52 8apt
15
Dec
21% Sapt
*u Dec
1% Jan
9*8 May
87g Dec
108*4 Dec
35
Dec
13*4 Dec!
30*4 Jan
Tuesday, February-17, 1942
financial chronicle
the commercial &
722
'•
*
•" *
V 1'•
•
'x
■
•'*•■
•
'
x
N EW YORK BON D RECORD
NEW YORK STOCK RECORD
Frldit
Saturday
Feb. 1
Maudit
|
Feb. 9
J
S pet share
$ per shaft
!
Thursday
\W*dnesda
\
| Feb. 11
Tu-sdn
Feb. 10
j Feb. 12
6b
6b
24
*2%
1
6
6
*2)4
44^2
44
4'2
4)2
*34)2
64',I
34%
64%
5b
33lo
578
24
*4*4'o
*4ia
*43%
45
5 >8
6334"
143s
3*8
3.3s
♦284
3I«
84)2
22)4
14%
14
84»2
46)4
1138
*444
*-444
21
21«4
10»2
107s
44
10^4
21%
10%
2.100
44
45%
1,106
44
68
3434
31
3%
*3'4
9
9U
9)g
*
*107
9%
1,200
U 8 Leather
24)8
241"
200
*28l2
2938
24)g
24
24%
1,700
2S%
28%
500
U
24
700
U S
24%
is
*'»t«
"11s
13i«
i«l6
4
78
"is
"1
,S16
15'2
15%
151"
15'8
15)
15%
15%
64
64
62
63
47
47
*63l.i
50i4
49
*48
49
48
48
*66
69)2
69)2
6912
*68)4
70
52)2
52<4
11534 116
23'2
*22)2
51*8
5238
50l4 5138
115)2 115»"
*48
11634 1153.1
23)4
*2212
46'2
*45
14
*78
*43
15
63%
100
61
50%
51%
24,800
115
l>s
%C
*l2
2.300
100
♦133g
HI.
*13%
60
80%
50
14%
50%
14)"
50'2
2
6
Feo
10
100
:170
'Jan; 5
2%
Dec
Jan
2
10* Jan 2-<
5%
Apr
.
lit
7
54%
Feb
25
'2 Feb ,4
y.f20%
27'8 Jan
7
33
Fib! 2
,25%
Dec
Dec
24% Jan 25
18%
S
S
*107
\f
S
f
ti*Rutland RR4Hsstpd.....l94l
J
26
%
D9C
72% Jan 16
45% Jan
51% Jan 14
43%
Dec
."-65%
J9>.- Dec;
;76%
Ddci
Jan 19
70%
j5D g
St L Rocky
«'l» Jan 19
ht
9
42%
5
;
.No oar
£49
Jan 15
.....100
148
Jan 26
pref.100
156
Jatl
159
May
12
43% Nev
110
May
52)2 Jail 6
150% Jfan:6
,
J
1.50
*155
149
15784 *150
♦148
*148
143
148
*148
16734
157s4 *150
15784 *150
20
J
8% Preferred..4Universal Pictures 1st
167%
*150
h-jan|
133
Jan 21
102
15
79
86 %
55
65 J
104
14%
134
175
124
13
16
11
134
14%
15
200
11%
154
14
14}*
14
13%
144
144
257
14 4
155*
135*
13*
18
11%
114
124
78
51
78
824
64'*
42%
23?*
s*
14
s
Nov 1989 J
J
62
16
J
41
404
42%
71
31
J
21}*
214
23.4
110
154
57
SMst term A u ilfyl lg 6i
1952 J
♦Gen A ref g 5s series A.... 1990 J
♦2d 4s Inc bond
•
St Paul A
.......
ctfs
1989
MN
*77
D
Duluth 1st con g 4s. 1968
154
834
:''
4
4
3
3%
3%
*84
94
7%
94
iooi*
1004
100 4
99%
1005*
J
t*4t Paul KGrTrk 1st 4 Hs...1947
15*St P A K C Sh L gu 41*3.-1941
F
A
1943
San Antonio Pub Serv 31*8... 1970
Santa Fe Pres A Phen 1st 51...1942
J
J
M
j
8
M
.S
S A A Ar Pass 1st gu g
Oct
4 0%
-1
81 4
64
1st 4s bond ctfs.
Jan
72 4
33
145%
Ry—
JSt Louts-Southwestern
71
55
124
13
74 I
09
12%
*CoaM 4^sseries A....... 1978 "if
♦Ctfs of deposit stamped.
Jan
157
55
J
4s
Scioto V A N E 1st gu
*148
854
J
♦Prior lieu 5sserles B.......1950
♦Certlficvtes of deposit—
?■-
J in
1% Jan
62
Sept
16% Jan
64
Sept
Dec
7
65%
724
40'4
86?*
4
1
305*
202
70
71 4
40
U
J
1950
91% 95%
107% 107%
55
55 |
25
69
♦Certificates of deposit......
1%
Dec
Feb
14% Jan
13% Jan 26
i
93
Mt A P 5s stpd...l(J55 J
t*St L-San Fr pr lien 4s A
.
69%
If S
5s..i..l959
12
60
72%
5l..1948 j
t*St L Peor A N W 1st gu
Nov
Mar
42
.
Dec
44
7%
a.
107 %
O
M N
deposit...!:
St L Pub Serv 1st mtge
Jan
■
%
4
54
95%
•40
♦Certificates of
Jan
47,
Jan
5
19% Jan 13 1^4
Jan 21
46'? Jan 14
Jan 15
74
944
*1064
*§Rlv A <i DIV 1st g 4s..... 1933
10312 Sept
105't Dec 130
19% Dec! -l 31%
55% Jan 3
119% Jan 13
45
7u F>b
64
*6%
J
Jan
43
*64
J
J
Apr
Jan
J
O
28% Sept
Dec
Jan 14
1094 109 4
107
107 ;
10%
134
44 > 6%
12%
2d gold Os
....1996 A
St Lo lis Iron Mtn A Southern—
2'g July
Deo
58
"it
1
*20%
1074
1st g 5s......1996 J
St Lawr A Adlr
Feb
Sept
34%
>.
13%
51% Feb 10
Feb 13
.'48
12
*114
Saguenay Pow Ltd 1st M 4%s_1966 1
St Jos A Grand Island 1st 4s. .1917 J
31% Aug
Jan 10
115
39
161
:
Oct
17% Jan 14
No var
Preferred...
-.100
S Tobicco Cr.j....No par
'
3
20%
*1084
1094
IT
Jan
61 % Jan
Steel Corp 1
S
M
t*Rut-Cinarllal! 4sstpd...... 1949
.
Anri
71
39
*464
v
18. "
M
10% Sept
2
Jan
39
45
45
July
105
Jan
7
J
j
99
•
103* 104
*35
l>\
J
D....1977
3%a series H
1967
l^s series t*_....1967
Gen mtge 3%s series J_.-...1960
15*R I Ark A LoUls 1st 4 J^s_-I934
4%\Aui
Jan 20
lli« Jan
J
Gen mtge 3
33»l Aug
;
20 i A,pr
v
99
68
UnlversalLeafTob..
..
23
14% Jan
7
A coll triisf 4K--A...1949 vo
High
98
.v
9% Jim*
43 June
.
"Feb
3% Jan 30
.
103%
M
July
J83
Aor
p.
83
2
Feb
10
93% Oct
.47a- Fab;
•
...
34 >4
2)2 Jan
7
No.
98 H
103%
13
July
>7% J>9C.
.37%. Deo i„69% Jan
Feb ,10
34% Jan 27
50
Unl vers al-Cycions
"240
jcab
19
con
1
f
Low
High
Gen mtge
4% Sept
0 4
29% F^b 13
i
>
Dec
Dec
•■;
984
W 8
»
Since
Jan. 1
§1
°Q
•
6% Jan 14
-
J11 30
34%
7% "referred - - j
25
United Stoc'tyards Corp
1
United Stores class A
5
$6conv oreferred.. .No par
1
*78
44
*13
U
*%
*43
*43
8% 1st
1,600
19%
172
Jan
6
U S Hteel Corp...
46%
44
*43
50l2
115
19%
*45
2
Jan
43-
Range '
Asked
A
Low
Roch Gas A El 4lesser
Jan
14% Noy
9%
,
11% Jan 26
47% Jan 16
170
par
Preferred
*78
IV
%
50%
50'2
*63%
45'2:
44
14
*134
50)2
50)2
70
211.1
*78
44
44
U S .Smelting
1978
'lid
Price
Brass 3 %s... 1960 IfN
t conv debentures......1952
s
♦1st
b Jart
J
2%
83
'
Ref & Min...59
330
115i8 1153s
2
oreferrel-.-.—100
1,030
47
45)2
4
*'2
44
*1384
in
*4
"sis
*'2
800
64
22%
*45
7
23) 2 Jan
64
461?
2H2
46%
*45
Jan
8% Jan
Plywood C >rp
*45
.
fc
K
ira
13
t§*Rlo Grande June 1st gu 5s .1939
M*Rio Grande West 1st g Is.. 1939
Deo
10%
117
'
2% Daci
*
85% Feb ft1
22% Jan 28
4s
Jan
■
79
Dec
10014 Da:
8% Apr
5
6
3% Jan
3% Jan
2
17
1
JU S Realty
Impt...A7o par
U S Rubber Co..i—......10
7.030
64
15)2
64
15b
63)4
15b
64
15% Jan 30
J-an 16
A--.No oar
Prior nreferred.j—
100
S Pipe A Fo'dndrv
20
S Playing Card Co
10
24
*28'"
24 I8
U
2
Jan
2% Jin 29
Pirtic A conv cl
29'%
2378
284
Oo—J—--No
5*2 Jah 16
IOQ'2 Jan 17
42
May
:'.4%
2
3% Jan
U 8 Industrial
24%.
2484
24%
434
3%
100
113
Friday's
Richfield Oil Cirp—
5% July
>
Dec
60-
3
72'e Jan
Revere Copper &
Nov)
51
,
Amr
.•3%
30
;i.
Feb ^5
35
83
SM^ conv nrefetred
50
Alcdhol.No par
1,100
*103
243g
.284
2
30)4
*3%
112
*108
112
*24 >R
24%
29%
9i.i
115
♦110
3978
1-0
9%
3%
91"
«i4
*31%
3)«
*314
29
20
*3434
60
600
6
6
6b
36)8
30%
*578
430
*170% 172)2
301.1
3434
30
6
172
172
6)8
31 »j
25U
25
*24
*4334
45)2
,
*170i2 172)2
397s
388
"flO
86%
*84
-.20% May
•
4% Feb»4
Jan 33
4% Jan
Secur...No par
$6 1st preferred.!—--No oar
UBDlstrib Cirpoohv prof .109
U S Freight Co—i....No par
U S Gypsum Co..:
20
7% preferred —J
100
U 8 II off man M vct> C n-p-.-
Jan 10
50
60% Feb 13
U S it Foreign
3%
21
*31
*3U
86V
Range or
Sale
Hlyhest
|
,
2% Jan 10
2
F ib 11
32% Jatl 14
r
...10
United Panerboifd
600
3%]
2H4
1034
10
*3434
9
-94
110l2 111
3b
4
5
Jan
39
!
.
*84
32
*3484
,"*31%
3%
*234
*234
Jan
2
i
oar 1101
13
United Mer A Manu I nc v t c. 1
1,300
13%'
13%
;
;
preferred.--.!--—No'
S5
500
86)2
45l:
♦R38
2,400
7,890
5%
5
105 '105
33s
8%
31s
6%
394
6)2
60%
303
21
172
172
1.400
*84
22
11
104
172
4%
3*%
134
13i2
8'?
*2«4
86)
2'12
62s4
6184
13)2
13
3'?
3)8
■
*84
22>4
1138
*170
"
3%
*234
33
Week's
Lost
S'TOGK EXCHANGE
Week Ended Feb.
shire $ per shart
v' 6'2 Sept
2% June
3% Sept
1% Dec
6% Jan 28
2
478 Jan
...5
United Dvewood-Cjrp
10
Preferred
J-100
United Electric Coal Cos
5
United E ig & FAy.
....5
United Fruit Co..i
No var
Unlted G;is Improv't ..No par
50
46
4%
32%
60%
:
5
51;
1051? 106
"
2%
41%
4»i
-*
*33^4
■'8
5'8
5%
*10514 106
*?
2U
** A
j
.r.
$ .per
S per share x
$ per share
United Drug Inc.
3,800
209
578
5%
N. Y.
Railroad & Indus. Cjs. {Con.)
Par
Shirf
$ per shire
431?
4
■*,
633s
63
5)4
2)4
^ -l
,
*32)4
•>
103)
*105
14*8
.4)8
■*■8
S per shire
'
«
*4234
" 'I
2M
4312
43„
33)2
**
•
*578
6
214
\
4212
6384
5%
106
103
341
|
$ per share I $ per shire
Lowest.
Highest
Lowest
'
-
(1911)
exchange
Week
13
Feb.
;
■•the
frida-r
Year
BONDS
i
Rame for Previous
1
10n Basis of 101J-Shate Lots
new york stock
for
■
-
Qmne Since Jan.
STOCKS
Sales
prices
LOW ano high sale
4s
198
1244 125
*124
MN
-
v
Ry—
48 unstamped..
tSe ibo ird Air Line
"3?
1S.1l
7|J
2934
♦27
10'8
900
716
716
29i4
*25
27b.
18%
*25
18'.t
2834
18*8
*25
*2i
*114
35U
*34's
3514
*U'8
600
Mich
I no
Tool..2.50
7% 1st preferred
100
Vlck Chemical Coi
5
Ry.-.lOO
Van Norman
115
*114
500
35%
*35%
Vicks Shreve & Pac
*52
60
1
*',2
60
*52
60
*52
60
*52
60
*58)*
65
I
*58)2
85
*58'?
85
*581?
85
*5812
85
23%
*23
23
23's
231.1
134
184
184
26
2714
27l4 2711141? 11434 ♦114)2 115
178
♦I84
28
28
*11434 115
*
18's
3284
29)4
*17*8
*31 »8
29%
181s
1684
*31)4 3234
*->9:-:-29l4
1)"
400
1-%
1 000
*1%
26
*26
27
115
115
16
16
40
15'?
31'4
29%
31%
29)4
29%
*95
100
95
95
*93
100
*93
100
*93
*130
160
*130
160
*130
160
*130
160
*130
Aug
66
.Mat
27% Sept
Shell Union Oil 2>*s debs
2
Jan
Jan
14
29
100
100
Jan 15
90
96
9
138
Jan
21% Sept
30)2
Dec
42
29
Dec
81
Feb
105
Feb
Nov
9
135
-Mai
143
June
Jan
t
29
44
15
164
155*
•
-{14
,
4
7
44
84
74
5!*
94
84
383
205*
214
30
62
3%
41
964
974
994
994
35
35
8
'
/
7
A
1935
1951
7
A
.........1961
t
J
7
A
1
O
2 %ss f
118)2 July
Dftr
2
104
6
M
28% July
De
Dec
11
31% Jan 20
29% Jan 7
Feb 13
138
18%
114
Jan
114
3
8*
6
J5*Atl & Blrm 1st gu 4s...1933
Jan 19
19
31% Jan 16
2%
Dec
%
•
2%
29% Jan 19
115% Jan 7
8
4
3
114
1
38
14
4%
A
...1915 \i"o
♦6s Merles B certiflcites
Jan
Jan 19
25
...
13%
74
.64
54
5%
15;
94
8%
Aug
?20
25% Jan 19
22% Jan
Feb
1.100
oref...No oar
Coal & Coke 5% pf 100
Detlnning Co
A
{♦Se.nooard All FI168 A ctfs...1935
Caem..—No »ar
Preferred
Mar
11
25
Vulcan
O
154- "154
15
134
O
1
♦Certiflcites of deposit ......
July
60
23% F"b
6% preferred.
10
i
6s series A
57
57
Virginian Ry Co.-
160
cons
45
Jan 19
100
29%
100
29
♦certiflcites of deposit
♦1st
Mi
6
Jan
800
3 2|
*29
Dec
39% June
Aug
55
Jan 19
55
Va El & Pow $6
Va Iron
Mar
July
41%
3
33% Feb
5
6% div partic preferre
16
28
Dec
111%
11514 Jan 39
112-% Jan 12
♦Adjustment 5s..
{♦Refunding 4s
14
A
F
1950
....1950
Oct 1919
195.)
{♦is gstamped....
Jan
116
8)2
g
Dec
34%
20% A'lg
7
}Mst
31
Apr
15)2. Dec
5
100
Chemical Works
Va-Carollna
110
15)2
preferred.-i
Victor
1,300
114 )2 116
3284
*3H.t
29U
23%
#21%
1)"
26"
*
16
16
22%
22*8
23%
134
5%
15
3
11% Jan
24% Jan
Jan 28
2 2
Van Ra ilte Co
% Aug
.*tr Jan
:
6
20% Jan
18% Feb 10
10
Feb 11
CorpoLAoi.ATo oar
Vanadium
MOO
10%
22%
18%
35'4
3o'.i
35
35
13%
10%
*20)2
198
18%
19
18%
10*2 *:o'8 ioi2
10's
10's
10
10
23
*21
22
*30% 231" *_0'2 23
116
*114
115
*114
115
*114
115
*io8
1%, Jan 30
29% Fib.
Jan 20
22
100
Preferred
2
•% Jan
No par
VadscoSiles
28%
*25
44
*3%
44
97 4
974
44
44
4
44
994
*984
21 %
35
"*"2
102 %
1024
103
10
101?* 103
..1950
102 %
1024
103
16
1014 103
Socoriy-Vacuum OH 3s delis...1961
Soutb A Nor Ala RR gu 5i....l963
103,4
1054
1055*
17
104% 1054
ti^Silesi.in-Ain C>rp coll tr 78.1911
1952
Simmons Co deb 4.3
Jan
33%
debs
4%
•*97}*
J
I
15
8kelly Oil 3s debs.
South Ball Tel A Tel
3s debentures..
"35"
.
*115
105
1054
105
105 J*
A.....1947
106% 1074
104?* 109%
105
1054
1074
*1064
3%s
1982
......1979
Southern Colo Power 6s
35
105
w
Southern Pacific Co—
29)4
7)2
2884
*7
28iS
28
i7*2 *
*18
1
1778 1778
100)2 100)2 *100)2 102
*100)2 102
4
4
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4«g
4b
4
*7
.
33)2
*321"
1434
*14%
14%
31?
*3
5%
*16)2
5's
74
*71
4
4
174
17%
5
6%
74
lp"
34).
36
19%
18*4
*13
13%
13)2
*55
19
19
♦69%
70
*'8%,'19%
*6934 70
88);
88%
00
891"
102)2 10)1;
87
*12%
12*4
12)2
*2
130
*55
89
*2
180
ho
24%
24
2414
85
184
18%
181?
75
7584
75%
18%
19
244
184
77
76%
127
♦125
£7518
126% *125
*125
18%
3,700
75%
5.300
Westinghousc El A
125
*28*4
29
30
30)
30)2
*58
61%
*90
93
*26%
26)?
15
15
1334
3%
*3%
3%
31?
*3%
68
14
134
3%
31?
3b
3
54
681.1
3
2178
*20
214
*20
21%
*2
2b
2
2%
1*<
6)>
6)
184
68)4
*66%
1%
2b
1%
6
6
534
5%
5b
5*8
*66%
68 b
♦114
«»*.
134
*67
264
23b
26b
*19%
20%
*22%
5%
*114
....
22'2
2:2534
...
*110
135
♦100
125
5'/i%
14
200
14
1384
2,000
600
3%
278
*3%
278
*50
1,200
2
1*4
18.
53.
1%
54
5b
5%
68
Wilcox Oil A Gils Co
1.800
Willys-Overland M itors
54
3,900
5%
4,300
6% conv preferred
Wilson A Co Inc4
68
400
*107
-
.
m'm
22
22
*20%
25*4
22
*21
26%
26
26
26%
7.600
19)
19
19
19
19%
1,400
*103
135
*108
125
*51
53
*51
58
*93
57
*5634
111
135
;io
111
*98
125
*50
53
*50
52%
Prior pref
58
*53
58
*5312
58
Prior pf 4
66
*95
547s
-
99
5584
*95
93
*95
53
52
52
1
500
8
Feb
7
Jan
15% Jan 6
3% Jan 26
Dec
118
27% June
.".27% Apr
Apr
112
Aug
05
Dec
1O0
-10%
10%
2%
■
34%
-
Der
17%
76
15% July
Dec
Feb
10j
-
1%
Dec
3
5
6% Jan 20
73% Jan 13
Hz
3'3
4%
60%
Ape
2% May
2% Jan
Apr
6%
Dec
7
Dec
Sept
Dec
77
8ept
"
2*4 " "jail
28
7
15
Jan
21% Jah 2
100
100 'm" Feb 13 "llT*
54
50% Jan' 5
4J^% series.. 100
57%
53 % Jan'17
Conv ser..100
Aeronautical...No par
Jan
29
104
Wrigley (Wm) Jr'(Del).No i»ar
52
Feb
13
62
Dec
10
Mar
'Jan
93
Feb 13
Jah 26
Jah 26
Jan15
Jan 5
')
Toronto Ham A
*85
47% Dec
86Apr]
50%
18%
19
*12%
12%
12%
19
19
19);
18% I884
18%
181?
12%
12
12i2 12v
12%
12%
12%
♦117
1191? *117
1191? *117
110)
119% *117
7
*6%
6%
6*s
6l2
6%
*6)4
6%
35i2 35%
34*8 35%
3384 34% *33%
34
85
*84
84
84
*83
84
*82)2 84
11%
♦lli2
1138
111?
11% 11%
11
10%
119
*6)4
3378
120
6%
34%
1,100
4,600
100
Co—.25
15% Jan
Coach cl B..1
—100
Spring A Wire..No par
1178 Jan
111% Jan
5% Jan
No par
33% Feb
Yale & Towne Mfg
Yellow Truck A
-
J
Preferred
1.100
Young
6,000
Youngstown SAT
*83
84
100
*10%
11
1,800
A.100
78
Jan
101
12'
Door..No par
11
Jan
2
blA% preferred series
Youugst'n Steel
2
2
3
2
Dec
;
19% Feb
-.
-
7% Jan 19
37% Jan 18
84
Jan 14
12% Jan
£
)
"-.
22%
*2%
J-..-
9%
0
2%'
.
.
~
■
.
,
2%
**
—
9%'
9%,
2%t
*♦
2
**
2%
-
-
♦Bid and asked prices; no sales on this
day.
1,100
9
I
J In receivership,
2%
A'3
2%
A'fli
5,500 I
U,-JVU
d Del. delivery,
Zenith Radio C()rp
Zonite Products
No par
Corol......l
l/C A * uuuvw wwi
n New
stock,
r Casa
sale,
9
Feb 10
1% Jan
*0
z Ex-div.
y
9
** *
Jan
5
2% Jan
26
10
.109%
5%
Dec
Dee
29
Dec
t>
- 1
12%
.42%
De.e
Dec
18%
44
108!*
24
1034
27
*102
122
107% 108 4
1014 103%
102% 103
103
122
If N
<
21
121%
121
107%
1094
1074 108
109
1105*
1024
102%
102
1054
105.4
1054
994
♦994
Ol-
lOS?*
104% 105%
994 1004
104%
1054
105%
102 4
*
864
92
90
10)4
1004
102J*
674
99 4
101
o
"664
65
665*
614
o
654
65
66%
60
674
D
66
60
67.
66?*
654
104
*103
8
J
'S3"
O
18 4
54
524
164
18%
1004
J
/
D
4
90
O
M
J
..1949
10
1074
109
109
18%
134
100 it
100
89
00,4
83%
*100
101%
loo""
1004
*1054
D
108
i054
105%
1094
110
If S
J
216
81%
00
90
*844
*101 ai«
S\
61
102 4 1034
51
594
J
1971
3%b
IfN
109'*
A
C
64
F
A
.1947
F
A
1094 1114
6
64
-
'
lol'« 10l'«ai
*101
took
1004
101
1094
109%
1104
J
J
A
O
97
974
MN
97
1004 1024
1094 in
v
06%
08%
97
98
1034
O
107
107
♦704
754
69
73
O
M
8
94%
965*
934
974
3%
Oct
i6r;
"944
-»•,■'
105
4s..... 1944 .1/ S
Serial debentures
,763.........
V
,875s... j.
1.00s.;.;..'
•
■'
May
Nov
..May
1.125S.V.4—--i—Nov
1;?53l:..J.
..May
105
;
11942
1 1942
1 1943
1 1943
MN
*100:
MN
*100
MN
*100%
MN
*100%
1 1944
MN
*1004
MN
*1004
_i...Nov
1 1944
May
1.6254... j.o.«...-Nov
1.75s.......May
1 1945
11945
1 1946
1 1948
11947
1,375s.
Jan
Apr
A:^....»*1J80
debs......1955
53..1952
(Del) 6s.....195)
1034 105%
104% 107
104% 105
United States Steel Corp—
Aug
1.60s...w..
1.85s
,
redemption.
J
D
Jan
Jan
~
J
1
1977
deb A-.1953
U N J RR A Canal gen
*
-Dec
Ex-rlghts. - \ Called for
1044
34
101% 102 4
1034 105%
103% 104%
4
Apr
,
1024
32
A
United Drug Co
15%
.
1014
'i024
J
Ref mtge 3}*s ser
-
95
1%
1014
8
1024
1034
101?*
1084
/
:
Jan
18
37
*1024
1034
105% 107-
United Cigar-Whelnn Sts
•
9%
8
974
104%
NOV
1.80s.
f%
106
109% 1114
Unlted Biscuit 35*s
Jan
9%
Iff
344
J
A
D
34-year 3}*s deb...........1970
.35-year 3 5*8 deb......
1971
•
Jan
76
111
1054
J
5s..l95ljj
1st A land grant 4s
80'; Jin
,17%
r
85
"5
1104
1104
Union Pacific RR—
.
July
120
•{■-10%
82%
I)
l§*Untou Elcc Ry (Chic) 6s
1945
Union Oil of Calif 6s series A..1942
3s debentures
1059
75% Aug
De
Dec
15
4
914
794
80%
824
87%
u
73% Aug
122
,*
13% Jah 14
120
Feb 13
83
824
824
5s.... 1941 F A
5i
Union Elec Co of Mo
'
♦19
51
3%sl960
1950
C-«-.1942
Buff 1st g 4s.. 1946
TM-Cont Corp 5s conv
25% July
147a. Aug
130
July
5012 Dec
.
.
914
/
Trenton G A El 1st g
Nov
109i2,,Ow. 115
33% Jan
710% Dec]
123 j Dec .34% Jan
,
89
*81 4
J
Tol W V A Ohio 4s series
,26% July
•
89%
J
To! St Louis A West 1st 4s....
5% Jau
54% June
Dec
1% Jan
O
Tol A Ohio Cent ref A Impt
Jan
8% July
Pec
18)2
6% Jati
4
C....w.-1'979 1
Gen A ref fisseries D....:.. 1980 J
Tex Pac Mo Pac Ter 51*8 A.a. 1961 M
Tnird Ave Ry 1st ref 4s.
.1960 /
♦Ad) Income 53
Jan 1960 A
{♦Third Ave RR 1st g 5s
193? f
Jan
2% Feb 10
•
2
2,
78
Gen A re 5iseries
30% July
-Jan 12
87
IJ61
Gen A ref 5i series B.......
30% July
'■j. 2 %
27
3% Jan
814
4s.........1953
J
3}*s ser B.1974 |J
.1950 F A
Texas Compa ly 3s deb.......195) 1 O
3s debe 1 lures............. 196 5 IfN
Texas A N O con gol.l 5e
1943 I J
Texas A Pjcinc 1st gold 5s....2000 r t>
Jan
Apr
Dec
Jau
'<
85%
Ref A impt mtge
Jan
85
•21
O
Texarkana A Ft 8 gu 5>*s A..
Aug
July
».
.4
604
78 4
Gen refunds f g
July
1% May
31% Nov
24% July
22% Jan 13
,•53
98
Wright
99
53
5
14
Term Assn St L 1st cons
Jan
105
%
158
1st g
Tenn Coal Iron A RR gen
Mar
O
-6S)2
»% Jan 2
7% preferred A
6% preferred B
-
521?
527b
No par
1% Jan
5 '2 Jan
66% Feb 13
preferred..L-----No par
Wisconsin K1 Pow6% pref.100
Woodward Iron Co
10 "22" Jan 22
24
Jan
2
Wool worth (F W) Co.. —.10
Worthlngt'n PAM(Del)No par
18% Jan, 2
♦50
99
*56%
125
♦98
400
1
10
6
6
86
*53%
*53%' 58
99
5
1.000
2578
*53%
Jan
iSprCoNo par
Mach Corp...l
preferred...-No par
preferred.
20
White Sewing
14
66%
*114
2
White Rock Ml
.
9
•
105
4
24% Jati
Oct
107
141
22
27)4 Feb
Jan
Mfg(rhcrfS).20
1
White Motor Co.
2178
2
...
2
8
7
~ Jail [8 "9*3"" Jail
19
$5 conv
White Dental
Dec
-
00
22
63% Jan 6
13% Jati 3
13% Jan 21
3% Jan 3
2% Jau 6
53' Jan 12
Corp...No par
prior wef...No par
Wnee.lng Steel
4
64
*19
c0.1V pref
27% Jan
Prior
250
67%
67%
*13
22
♦91
: 29ii Feb
$4oonv
2,600
26);
136
Jan 2
127
124% Jan
88
25%
22)
19
1078
197?.
♦117
135
*108
15
100
61%
93
25
% 4,50
7»" Feb
•18)2 Fab
71
31% Jan
2
*114
4% July
100% Jan
217,
5%
29% July
D8c
Dec
Feb
2
68
Deo
1%
Feb
Westvaco
.....1J56
1996
5s
92
65
Jan
20% July
15%
5
66
57
'■634
117%
Apr
6
684
91
90
90
64%
Jan
Dec
19% Feb
61%
88%
68%
J
O
J
Mar
81% Jan
283
4
.4
MN
15
Feb
75
68%
J
J
195)
104%
Jan 14
654
/
1st 4s
1953
11J
26%
86'
6s..1915
6
g
82%
2?* debenture..........
2
4
3
544
Jan
9
3% Jan
854
Superior Oil 3'.*s debs.
Swift A Co 2%s debs...
F ;b
8% Jan 23
»»i« Jan 27
854
O
Studebaker Corp conv deb
104% Jan
i 16% Jan
% Jan 12
23'4 Jail 2
.17% Jan 2
86
Jan
113% Jan
2
Jan
6
53
80 4
Jan
107%
80
v..
48
79
84%
100)2
9J% Dee
8
3
27
48
381
4s.'.
1951
So'western Bell Tel 3l*s B....1964
1st A ref 3s series C-.
1968
♦Spokaie Inter iat- 1st g 41V*?r_20i3
Stand Oil of (Mif 2%s dehs..-1966
Standard Oil N J deb 3s
1961
Jan
115
8
Jan
18
484
435
53.4
84 4
Mem Div 1st g
Feb
>v
Jart
93
N
147
534
504
834
Devel A gen 61*8
Jan
4%
80
Dec
88
53%
504
D50
25% July
104
30
*19%
5%
Li3trument.12.50
88%
101% Jan 23
84% F b 9
Jatl 14
112
16% Jan 13
Jati 16
104
Jail 10
14
2% Jan 3
20%
Dec
Feb
7i%
Jan 22
91
104
260
'
*114
*
184
5*4
5%
68
5'2
preferred..j
5|
514
fit LoUlS Div
23% Jan
17% July
65'8 Mar
v
52%
ref guar 4s. .1955
Souther 1 Ry 1st com g 5;
1991
Devel A gen 4sseries A.....1956
Devel A gen 63. — .
....1950
Sept
16% Mar
6
3
Feb
Color Prod.-No par
preferred
No par
Wheeling & L Erie Ry Co. 100
3
*2
50
50
70
50
51%
San Fran Term
Oct
38
De.
1%
50
51 H
1
1% July
21%
10)» Dec
80
20% Jan
77
D3c
10%
.
3
Feb
Weston lOiec
*91
51
♦20
7,
2 *
300
3);
*3%
*50
13% Feb
13% Feb
6
200
*58
675;
141133
54
*50
8
;
614
574
54%
514
504
209
\f s*
43*H-.-.—.........-1J68
South Pac RR 1st
Dec
Dec
6%
Feb
14
54 %
1 *8 June
26>4 Sept
t>30
J%
6
188
57
"52""
..*..1961 m n
....1981 MN
10-year secured 31*8...
1946 j J
6% Sept
"25 vFab
21
5
30
101%
25
3
54
*50
Jan
:
8;
Feb
28%
104
613,
93
*12%
13*4
1st
Pacific
Mfg
2%
53
614
594
60
"524
if "b
Gold 4)*s
Gold
V
15% Sept
DW
D
J
Gold 4>*f»-.......
Jan
Sept
Dee
Apr
Feb
Jan
%
4s
1st 4 Mis (Oregon
Jail
0%
36
Feb
13*8
>|
"19
105%
Dec
ili%
2%
;
1% Jan 2
Jan 29;
3 »% Jan
28%
105
£54%
67%
Western
3
25'2 May
24
*29%
30);
*91
2584
14
26
68I.4
14%
*50
93
*90%
2434
67*8
13%
14
66)4
♦14
14
61*8
*14
*68%
*10412*
*68
*58
93
*90%
25%
100
4% 2d nreferred
18
31%
105
100
preferred..
100
West Penn Pr Co4>$% Pf-100.
West Va Pulp & Pap Co No pari
6% preferred..v..
100;
Western Auto Supply Co... 10
Western Maryland
100
6%
75
29%
105
El class A ..No par
7% preferred
96% Jane
"
Jan 16
74
13
Jan 2
Feb
4 0:0
126*4 *125
5
18)2 Jan 22
66)3 Jan ;2
Snowdrift No par
preferred
No par
West Penn
50
8
2
1*4. Jan
24
125
Jan
100
$4 conv
100
000
Jan
11% Jan 15
1
23%
*28%
105%105%
*58
61%
100
7%
»u
*%
24
*30)2
105i<
2.700
22<4
Feb 10
12
5
No par
6% pref - .100
Western U ilon Telegraph. 100
Westinghouse Air BrakeNo par
31%
#30*2
200
3
*278
*6%
%*'
%
30
♦29
310
17~8
102% 10484
15%
15%
1263,
2884
2884
*103
112
*17
De.
% Jan 5
19% Jan 21
5% Jan 3
15%
Co.No par
751;
*18%
754
251)
170
15%
31% Fib
18%
24
25
°ir
■•it
)? Jan
Jan
Wesson Oil &
60
85
4
2
19
Co.
Webster
70
90
Feb
2
Else iloiir
Wayne Pamp
......
112
112% 112%
*17
1778
*%
1,100
70
*88
•102)2 101% *102i2 i04*i ♦102i2 104% *10 54 101.84
15
15
15
15's
15
15%
15%
15%
; *3
3%
3
*3
3%
*278
3
27g
7b
*6%
7%
*6%
6%
*6%
6)2
7%,
*»!«
200
*101)2 101%
90
*85
Jan
7% preferred..
1,200
18%
18%
*69)2
89
*88
530
130
*55
18%
70
2,700
4
4
238
102% 10 2»o.
5
69
Waukesha Motor Co
13%
♦12%
88v
..5
100
*12*4
*102l2 103):
85
85%
8H2 8H2
113% 113-V *113
113)2 113
113%
17%
17%
17% 17u *17
17b
S3.85 preferred.
Apr
5
No par
Warner Bros Pictures..
00
Washington Gas L,
2
103
102
7,400
Jan
'2 Jan
16% Jan
100
200
123<
*84) 2
7% preierred..
y8
33% Jau 15
15% Jan 22
3% Jan 20
5
5
2
Jan
3
par
No par
Class B...
400
184
13%
12%
2%
13
18%
cl A.. No
Ward Ba ting Co
14
400
*18
*6s34
No par
33%
19
70
Ltd
U
10
99
Di.
4% Jan
26
3 '.% Fib
33%
*18
181?
Wal'c(H) Good A W
Div redeem pref
Jan
3% Feb
No par
t Warren Brcs Co
No par
S3 preferred
No par
Warren Fdy A Pipe ....No par
181?
18to
-
...100
No par
4% pref with warr.
iLvorth Co
22
2-3334
*69)2
4
6%
18%
101%
17% Jan 12
Pd« coll)....
1949
registered............1949
Lines) A
1977
4s (Cent
33% Jan 26
7)2 Jan 17
19
Fib 11
7
No par
Walgreen On
W
26 % Jan
No oar
21%
*55
130
*55
-
i— —109
Waldorf Ayste:u--»--
900
74
♦73
31*4
*33
.
5%
5%
4
20 2
3j34
4
800
18
20%
2
2%
130
4
*17
2
13'2
2
*13
13U
*2%
*3
Lincoln's
12%
18*4
13%
13%
1
300
14%
3%
4
14%
Wabash RR pref w
!?00
2.700
33
33
Closed—
Birthday
800
4
34
2114
I%A
20i2
200
174
17%
*91% 104
13
35
*18*4
£63
74
7
181"
1
21'4
34l2
5b
*71
21U
23
23
3%
*3
4
18%
5
74
Exchange
14%
14)2
4
5%
*71
l
»i«
14%
3)2
*3
34
34
4,700
7
Stock
101
34
*33%
28
27%
17%
17%
*16)4
%i
18).I
%
17«j
5%
32%
1412
3i2
*3
*6g
17»2
7
101
32%
33)2
14s!*
*32*4
27%
7
274
27% 284
7)2
*7 t"
174 17%
1.90s..„
j
May
..Nov
For footnotes see page 723.
1 1947
MN
*1004
100%
1014
1014
1004
1004
1004
101
MN
1004
„
MN
MN
MN
MN
1004
1004"
"III IlXj
1014
•
161%
100%
101%
1004
101
1004
100 % ioo%
1004 100%
100;*
100%
100%
101%
1004 100%
1004 101,
1004 100%
1004
1004
100%
1014
Volume 155
Number 4047
THE COMMERCIAL & FINANCIAL CHRONICLE
1
NEW YORK BOND RECORD
Frida/
BONDS
Last
N. Y. STOCK EXCHANGE
•\
Week's
Sale
Week Ended Feb. 13
Price
Range
Frida./
Range
or
<fe
»
Since
Friday's
:
Did
r
Asked
1
Jan.
#
-'BONDS
-
'
v
^-•••;
^
Last
.N. Y. STOCK EXCHANGE
i
y
Range
Sale
Week Ended Feb. 13
Price
i
Week's
55
A
Frida/
'**
■Range
or
Frldaj's
Did
BONDS
Since
Asked
Jan.
N. Y.
I
:f *■'
Last
STOCK EXCHANGE
Week Ended Feb.
Range or
Friday's
Sale
13
Price
Did
Range
Since
Asked
&
Jan.
1
"
Railroad 8c Indus. Cos. (Con.)
United states Steel. Corp '(Con.)—■
Low
•2.059...-.....—May
100
10034
10054 101
100
10054
10154
101-X
10054 10054
100 X 10054
*10014
l"04
104
*100 H
100 X'
102 X
10214
10054 10154
100
10154
100 J4
10014
100J4 10054
100 X
1 1949
*100X
2.103.... ........Nov
1 1949
*101 x
2.15s
2.20s
11950
1 1950
♦100X
......May
Nov
-2.25S- —May
2.30s..
.....Nov
"
1951
"2.85s. -. W-May 11952
-2.40s.-..
2.45s.
*—-Nov
1 1952
*10014
101 ?4
101 54
...May
1 1953
*100>4
2.50s.
^-Nov
2.55s............May
1 1953
101
101 %
10154
10114
2.609....
11954
11954
11955
10114
*10014
*10054
.(.Nov
2.85s............May
102
-----
*101
United
Stockyards 4 As w w„1951
Utah Lt & Trac 1st & ret 5s.... 1944
Utah Power & Light 1st 5s.... 1944
101
103
9414
99 X
100
94 54
94 X
10014
10354
9754
'99 H 102
99 54 101 %
100 54
♦Ctfs of dep (reorg mgr)
■
!
1st
•
♦Ctfs of
dep (reorg mgr).. 1941
{♦Omaha Div 1st
A
A-v—
—
81
-1971
26
*Ctfs of
eons
5s——.1958
Virginian Ry 354 series A1....1966
10834
'
'■
1939
84 54
8454
8354
♦Ctfs of deo (reorg mgr)......
1939
84 54
42
2254
25-54
26 54
22 54
22 54
2654
26 54
2754
23
8354
97
95
81
♦Certificates
103
103
103)4
*111
93 54
1-0354
10554
.1947
102
1960
47 54
10254 10354
114
9354
105)4
114
95
9354
10454 106 54
100-54 101
*113
1
50
4054
113
54
'"■9344
.U955
-45
102
114
114
"4354
lst gen 4s...1949
{♦Wor & Conn East
"
4354
46
*754
4554
1454
1354
"ii~*
.13
"no:*
110
37
107 54
12
lst 455s_.1943
*12
47)4
4254
3754
110
107)4
ter lst 4s..1936
of deposit..
0
14 54
9
1354
10854 110
10/54 10854
.
1554
37
6954
Youngstown Sheet & Tube—
Conv deb 4s..
I
109
<
111
s:
110 54
90 54
110J4
8954
M
101 54
1960 UN
102ft
99
100)4
Deferred deliverysale not inoluded in the year's range, d Ex-interest, e Odd-lot
■sale not inoluded in the year's range,
n Under-the-rule sale not Included In the
year's range, r Cash sale not Included in the year's range.
11954
10754
10954
11054
i 120
109
90 54
....1943
.-
3 J4s ser D
7654
10554 105 54
100
100
I
10354
103 54
88
10154
103 54
43 54
4554
99)4101
*98-54
11054
4854
45
Wisconsin Eleo Power 354s...1968
Wisconsi n Public Service 3148.1971
99>4
120
Western Maryland 1st 48.1—1952
1st A ref 554s series A.. 1...1977
West NY & Pa gen gold 4s ...1943
88
8154
8554
10054 10154
101 54
47
v-
♦Certificates of deposit:..
{♦Su A Du div A
9754
96
86
*109
1st mtge-354s series I.-..I...1966
8254
87 54
84)4
8154
86
101
*10»54
109
84
28
*76
i:
*41
♦Ctfs of dep (reorg mgr)
25
{♦Wis Cent 50-yr
54
lst mtge 3 f
Washington Term 1st gu 354s. 1946
r
lst 40-year guar 4S_.1945
2914
28)4
7954
S3
Pulp & Par)er 3s.i__.1954
Conv deb 3-54
Winston-Salem 8 B lst 4s
28
31
i
10854
i
{♦2d gold 5s
24
Warren RR lst ref gu g 3 54s.-.2000
■
{♦1st gold 5»..
27 X
96 A
94
Washington Cent lst gold 4s__1948
2054
20 54
84-
101
—
28
8454
*9954
Westchester Ltg 5s stpd gtd—1950
Gen mtge 354s
.i
1967
West Penn Power lst 5? El
1963
tWabash RR Co—
27
25-34
{{♦WarremBros Co deb Os.. 11941
75
75
2854
28-54
82 54
Wheeling & Lake Erie RR 4s..1949
Wheeling Steel lst 354s ser B
1960
2854
24
*26 54
Warner Bros Pict 6s debS.I—.'1948
91
2354
26 54
deposit'(assented)_i
HO
75
24
28
*2654
♦Ref &gen 4Xs series C...'. 1978
y
28
25
(assented)...]
High
26 54
....2361
Wilson & Co lst M 4s A
3954
26'4
H
26 V\,
_.
*88
39 54
81
7754
50
75
45 54
3554
27
•♦Ctfs of deposit
83J4
76 X
♦Ctfs of deposit (assented)..
gen 5s series B
t.. .1976
♦Ref
'
81
48 54
{♦Wabash Hy rcf & gen 554s A; 1975
i
-
37
Ino 454sserles-B.. 19.91
♦Ref & gen 5s series ,1X..... 1980
♦Ctfs of deposit (assented)..
♦7054
I
7554
47 A
.Geri mtg'e 49 series-A1981
-Gen mtge
.
Walworth Co lst M 4s.......1955
6s debentures.."
J_..1955
10954
3754
West VA
_
lst mtge 4s series
5
33 54
Low
3354
Registered...—..
*3154
§ ♦Toledo & Chic Div g 4s—"
sp
♦ Ctfs of de p (reorg mgr) i 19 41
High
2654
West Shore lst 4s guar...]...2361
89
*3854(
......
i
♦
Low
25-year gold 53.......:
1951
30-yenr 5s
.......I960
Westlnghou.se El A Mfg 2Xs..l95l
27
89
9054
,37)4
89
3 Hsi.__.1941
g
"♦Ctfs-of dep (reorg mgr)
-■
(Conc.l.)
{♦Western Pacifli 1st 5s ser A.1046
*5s asseitei—.............1946
Western Union Teleg g 454a... 1950
♦Ctfs of dep (reorg mgr).. 1939
•>
V
Va Iron Coal & Coke 1st g 5s.-. 1949
Va & Southwest 1st gu 5s
2003
Foreign Govt. & Mun.
_
§*Des Moines Dlv 1st 4si~-,
j
»«
.
Vandalia RR corwl g 4s series A.T955
Conss f4s series B-4..4t—:1957
Va Elec & Pow 3X« ser B—.1968
High
{♦DefrA Chic Ext-lst 5h4—
'
102
101
10054 10L54
101J4 10154
10054 101
Low
♦lst Hen g term 4s....1954
y
101
101
*100M
1 1951
1
'
■
100 54
100 X
10054
100-Mi
101 %
101
100 %
11948
Nov
Railroad & Indus. Cjsl (Coh.)
1 Wabash RR Co (Concluded)—
,
'
Serial debe..tares (Concluded)—
1.958--*.
-..-May 1 1948
2.00s
High
12154
109
10954
111)4
9154
97 54 102
10354 10454
a
5 Negotiability impaired by maturity. 1 The price represented is the dollar quota¬
tion per 200-pound unit of bonds.
Accrued Interest payable at the exchange rate
Of $4 8484.
-
t
{ Companies reported as being in bankruptcy, receivership, or reorganized under
Sootion 77 of the Bankruptcy Act, or securities assumed by such companies.
*
Friday's bid and asked price. No sales transacted during current week.
)
* Bonds selling flat.
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD.
NOTICEr—Cash and deferred delivery sales are
disregarded In the week's ranr,e Sunless they are the only transactions of the
week, and when selling outside the regular weekly
footnote in the week In which they occur. No account is taken of such sales in
computing the range for the year.
range
shown in
are
a
In the.
following extensive list we furniBh a complete refcord of the transactions on the New York Curb
Exchange for the week beginning on Saturday
(Feb. 7, 1942) and ending the present Friday (Feb. 13, 1942). ? It is
compiled entirely from the daily reports of the Curb Exchange itself, and is in¬
tended to include every
security, whether stock or bond, in which any dealings have occurred during the current year.
last
Friday
Sales
Last
Par
Weeks' Range
Sale
STOCKS
of Prices
Low
High
Price
Friday
for
Week
Range Since Jan. 1
STOCKS
Last
Sale
(Continued)
Shares
Low
High
Par
Associated
Price
Sales
Week's Range
Week
High
Range Since Jan. 1
.Shares
Low
STOCKS
Last
Week's Range
for
(Continued)
Sale
of Prices
Low
High
Shares
High
Par
Elec Industries
Amer dep rets reg
2054 "20)4
1
5
■'
20
Alnsworth Mlg common.-5
19
Jan
2254
Feb
454
Jan
554
Jan
500
4
Jan
5
Feb
300
654
154
Jan
854
154
Feb
Air Associates Inc (NJ)-.l
Aircraft Access Corp...50c
8
VA
Conv preferred
,
va
Jan
Atlanta Birmingham
154
Feb
154
Jan
Coast RR Co pref.
*
Common
Ja
Alabama Power Co J7 pf _*
16
79
10554
81
160
10554 106
20
79
96
preferred....—..:.
96
20
Alles & FlBber Inc com...*
7754
102
S3
conv
Class A
1
Jan
54
18
18
Aluminum Goods
11354
Cpnv class
Class B.
A utomatlc' Products 11
2X
2254
Jan
A utomatitf V Otlng Macb- *
150
10054
Jan
105
Feb
113
Jan
114 X
Jan
Jan
12 54
Jan
4}4
7454
9054
554
Jan
77
Jan
Jan
90-
common;—'--10
Ayrshire Patoka Collieries 1
100
"95
3 >4
4
Feb
Ja
Jan
3 54
Jan
4n
1
22
'
67
10
50
1054
American Gas & Elec... 10
!
454%
preferred—...100
......
1954
10154
54
Feb
S2 conv preferred
conv
preferrrd.
—
»«
-Jan
54
X
Amer Potash &
American
Amer
7% pieferred.—
Jan
13
Jan
1st 86 preferred
Jan
A coin.—5
Basic Refractories Inc.—1
23
1154'
1154
1954
1954
10054 10154
6,600
1.100
100
A
:?
Jan
19 54
Jan
2454
>31
Jan
Jan
Jan
Amer Writing Paper
Anchor Post Fence
11X
Jau
12 X
18
Jan
20 A
Jan
Jan
pref.
20
Beech Aircraft Corp....
275
Feb
com.*
.2
454% preferred..—.100
104
.10
Ashland Oil & Ref Co
Assoc Breweries of
13
,Jan
154
10
200
IX
Jun
300
7X
Jan
2
2
Jan
47
Jan
Jan
10 A
254
50
Jan
Jan
Jan
2,100
X
11X
Jan
11X
Jan
40
150
35 X
Jan
40
F'eb
1454
14 X
800
87
87
39 X
Burry Biscuit Corp.. 12Xc
A
2X
;;
Jan
Jan
80
22 X
Jan
35
*16
Jan
Jan
—
.'1454
12 X
Jan
15X
Jan
87
Jan
91X
Jan
9X
Jan
12X
Jan
A
50
m
Feb
fi
Jan
X
Jan
31.50
8X
Jan
Vot trust ctfs
7)4
Jan
18
Jan
2654
100
2654
Jan
27
Feb
28X
Jan
4X
Jan
2754
400
Jan
2054
Jan
85
Jan
A
Jan
Jan
27X
Feb
" 6
2)4
33 X
Jan
Jan
200
5H
Feb
2 A
Feb
6X
2X
Jan
Feb
3X
Jan
Canadian Car & Fdy Ltd—
1454
7% partic preferred—.25
1754
17X
17 X
200
•lfiX
Jan
17 X
Feb
Jan
Feb
7X
Jau
Can Colonial Airways... 1
Canadian Dredg & Dock.*
254
2X
?X
700
2X
Jan
2X
Jan
4X
Feb
Canadian Indus Alcohol—
8X
Feb
100
Jan
Ftb
Jan
254
2)4
2 A
2X
2) 4 '
2X
Feb
X
200
X
8X
Jan
900
100
90
20
Jan
8X
Jan
Jan
22
J&11
s»
Jan
Jan
3
Feb
Canadian
Jan
112X
32 X
Jan
Capital City Products....*
31X
Jan
Feb
9X
16X
Jan
Jan
5
454
8
Jan
Jan
Casco Products
16X
Jan
34
100
Jan
Jan
300
Bourjois Inc.;————-*
2 54
Jan
32
Jan
Feb
Feb
554
7%
Jan
7%
Jan
Jan
Brazilian Tr Lt & Pow...*
103X
454
6)4
160
"5)4'"5)4
"i00
VA
150
IX
lst preferred---.100
Breeze Corp common
6
Brewster Aeronautioal—.1
X
Jan
1
Jan
5)4
854
654
954
IX
Jan
Bridgeport Machine
Jan
7 X
Jan
Jan
Jan
87 X
8
Feb
Class B.
5
Jan
5X
Jan
7%
4 X
Jan
Brillo Mfg Co common.. .*
Jan
Class A———.—I «".*
Jan
Jau
13
11QX
Jan
111X
Jan
10
103
Feb
103 X
Jan
4X
4X
1,200
6X
7)4
Cent Ohio Steel Prod
41
Feb
Jan
31
fiX
Feb
Jan
6X
;iX
Jan
2
Preferred
100
....
Brill Corp class A.———*
preferred
2X
56
"254
2X
1
3
3
4X
200
*
7X
7X
400
80)4
50
com
7% pf 100
5% pref. 100
Feb
5X
Jan
6)4
Jan
Jan
5
Jan
Jan
3 A
Jan
Jan
7 X
Jan
80
2X
6X
80
Feb
85
Jan
7
Jan
8
Jan
7% pfd 100
105
Jan
107
Jan
Cent Pow & Lt
Jan
8054
Cent & South West Utll 50c
Cent States Elec
Feb
X
Jan
*256
Jan
tjt
Jan
X
Jan
Jan
6% prelerrred—
100
7% preferred
...100
*16
Feb
Jan
Conv
X
X
Jan
Jan
6X
9X
8X
Jan
100
6X
46 X
Feb
Jan
1X
Jan
316
1
*i«
700
2,800
Jan
1
com
preferred
X
X
175
100
8X
Jan
20X Jan
Jan
2 A
Feb
Cessna Aircraft Co
1
10X
*9)4 "1054
Jan
1
Jan
Jan
Jan
X
X
9)4
2*.660
Feb
11)4
Jan
3
Jan
3
Jan
Jan
4 X
Jan
Jan
Chamberlin Metal Weather
Strip Co
'
5
56 X
20
Jan
56 X
Feb
'2X
:' 100
°2X
Jan
3X
*i«
Jan
Jan
Jan
Charis Corp common...10
100
Cliesebrough Mfg
25
Chicago Flexible Shaft Co 5
'«
*
—
2)4
Jan
6X
4X
Catalin Corp of Amer
Feb
X
Jan
Jan
20
254
42
Jan
4X
2,300
Jan
Cent Maine Pow
Jan
2,100
Bridgeport Gas Light Co.*
Jan
3 X
39 X
70
Conv pref opt ser'29.100
H
13
Jan
35
5i«
1
100
200
Feb
5
Jan
Jan
100
J03
*
35
X
41
$5 2d preferred..—---.*
9
Jan
30 X
40 X
lst preferred——100
Co—---25
1,200
400
Jan.
Cent N Y Pow
Bo w man-BlltmorC com.... *
16jb
8
2X
254
IX
Jan
Feb
100
7
41
llox 110X
Feb
4X
Borne Scrymser
Jan
Feb
103
Cent Hud G & E
Blumenthal (S) & Co
*
Bohack (H C) Co com...4
A
12
Castle (A M) common.. 10
x
Jan
x33 A
41
Jan
110X
Carter (J W) Co common. 1
5
Feb
5
400
103
Carrier Corp common... 1
Jan
X
Jan
600
*
Feb
il4X
2X
'
$6 preferred
3
200
3
754
Jan
1,400
4854
1
Jan
Vs
Jan
,54
Carolina P & L $7 pref...*
654
50
12
B——i———*
Carnation Co common...*
Jan
16X
6 X
■
X
X
12
*
Jan
%
Jan
"
100
10
«HX
Feb
96 54
100
Marconi
38 A
1
254
2 54
190
7% preferred
Feb
Bliss (E W) common"
4554
98
„Jan
3
84 X
•A
54
754
7it
9
38 A
*
254
96)4
Canadian Industries Ltd—
Jan
/:
500
200
*
14X
2X
108
400
& Machine Co com——*
200
8)4
voting—."—-.*
Class B non vot
Feb
Blauner'8 common
200
3
Class A
7 X
Carman & Co class A
$2.50 preferred.—*
pref
Jan
Jan
1,100
3
IX
IX
Jan
Jan
7X
Class
Birdsboro Steel Foundry
Jan
Jan
1
2,300
819
1X
Feb
16)4
X
500
300
Feb
14X
31X
IX
IX
Jan
X
3,100
31X
IX
IX
3
z6X
6X
8A
254
3
110)4 112
1)4
2 X
1
loo
Jan
Jan
Calamba Sugar Estate. .20
600
'
7A
Berkey & Gay Furniture.l
Bickfords Inc common...*
conv
Jan
Canada Cement Co Ltd.*
*
Conv preferred
$3 opt
*1#
Camden Fire Insur Assn.5
Blue Itldge Cbrp com....1
24)4
400
4754
254
4554
254
254
254
Jan
Jan
Callite Tungsten Corp.—1
Jan
Jan
Jan
Feb
3X
Benson & Hedges com.—*
11X
50c
Feb
3,300
22
Feb
21X
25:
8X
400
conv
32
Jan
*
A m den 5 U % oref shs £1
"OA
Jan
Feb
Buroo Inc $3 pre!
Jan
X
2954
18)4
BuDker Hill * Sullivan 2 50
Feb
100
33 A
4X
Beau BrummellTies Inc..?
2)4
Jan
Burma Corp Am dep rcts_i.
Jan
100
Baumann—See "Ludwig"
1
For footnotes see page 726.
Jan
3)4
3X
13X
754
6)4
3
be
Can.'.*
Jan
)4
112
10
554
254
554
3X
*854
6x
Bell Tel of Canada--100
3i«
1
100
Feb
Feb
Jan
Jan
3
Bellanca Aircraft com——1
800
Equipment Corp....1
Art Metal Works com.—.5
2X
400
Bell Aircraft Corp com—.1
'"*656
Arkansas P & L $7 pref...*
Aro
Jan
3X
Jan
7954
7)4
154
354
Jan
Feb
"
6% preferred
300
31
2X
1054
Arkansas Nat Gas com...*
,
-2X
3X
2%
-50
28.X
*21"*
2554
54
Feb
32 X
Jan
20
Common cl A non-vot.. *
Jan
6 >A
32 X
3
Jan
2654
96)4
1654
26X
17
Angostura-Wupperman. Ll
Apex Elec Mfg Co com...*
Appalachian Elec Power
)
Jan
Jan
25
:
10
2)4
32
4X
Beaunlt Mills Inc corn.. 10
loo
4.100
2
4554
8
.*
Buckeye Pipe Line..i— 50
Buff Niagara & East Pow—
$1.60 prelerred...
.26
$4 lst prelerred
*
Jan
'
"4154"
26
*
3354
conv
Feb
100X
"26"
31.20
"3354"
125
5% pf- .5
7
Bruck Silk Mills Ltd
4X
Barlow & Seehg Mfg—
Jan
125
$6 series preferred.——*
1)4
10
Bruce (EL) Co common .6
Jan
Jan
1354
13 X
Barium Stainless Steel.—1
Feb
3ib
Chemical.*
American Thread
Jan
Jan
"260
3X
9 '4
Am Superpower Corp com *
,
10
<Jrown Fortnan Distillers. 1
$6 preferred
*
7,200
.13
30
250
700
10
*
California Eleo Power...10
Purch varratits for com
254
tieal-Kap oommon—2
'16
Baldwin Locomotive—
Feb
2 8 54
.--*
Republics
JanFeb
1,100
"3354 "3454
2054
3X
2X
Babcock & Wilcox Co..—♦
954
—..100
Preferred
Feb
68
Amer Muracaibo Co—...1
Amer Meter Co-
8
dep rets ord reg.-10s
Cable Elec Prod com..50
14 X
Amer Mfg Co common.100
'
Am
Cables & Wireless Ltd-
*i«
"954 "
2
6% preferred..—25
Jan
Jan
British Celanese Ltd—
6)4
B
Jan
-8
i3l)4 23154
21
7
5)4
•2X
27 X
3X
Jan
•"Jf-"
Jan
327 54
25
Jan
Feb
Jan:
Jan
l
Laundry Mach—.20
Amer Lt & Trac com
Jan
ai6
Feb
Amer Hard Rubber Co—60
Amer
aia
22
:
6554
1
Amer General Corp com l ie
S2.50
-—- -
Class A
954
l,2
Amer Fork & Hoe com...*
Jan
W arfaiits.'—:-s
150
ai»
Lines com..]
Amer Export
3", ?00
"
.
Baldwin Rubber Co com.l
""
Amer Foreign Pow warr...
200
s16
6%- preferred w Wk.:]25
6% preferrfed^x-W!- iv-25
r
754
3354
2154
3X
Jan
4
Amer Cyanamld class A.10
Class B n-v.....-...-10
Jan
'
200
-
67;
954
3
26%
"1554 "1654
Avery (B F) & Sons com.6
500
X
10"
Am
A
Axton-Fisher Tobacco-
Feb
550
g—1
—
Jan
500
54
20 54
25
Class A
6X
101>4 102)4
11354 U354
..-*
A-:*-4.-.*-^5
♦
Jan
Common class B..j.10c
.
Atlas
2154
95"
»
Amer Cities Power & Lt--
600
3
Auburn Central Mfg
150
10c
$3 preferred
S5.50 prior pref...
3X
616
1854
American Capital—
on
354
25X
Corp.—
Corp warrants——
Drop Fcrge com...
Plywood Corp.....*
2254
2254
American Book Co.... 100
Amer Box Board Co com.l
% 354
Atlantic Ccaat Line Co. .50
Atlas
Feb
American Beverage com.. 1
Class A com
6% pf.100
18
7454 "76
6% preferred....—.100
Jan
Class A preferred..
Jan
•
*i<
13
British Col Power cl A...*
Jan:
»u
Jan
Feb
Jan
Brown Fence & Wire com.l
Atlantic Rayon
Jan
1X
.
3»
Jan
X
Brown Rubber Co com..l
Jan
2 54
Jan
Jan
J64
&
100
Mfg...*
Aluminum Industries com *
Aluminium Ltd common.*
1,000
High
Jan
-
dep rets ord bearer £1
dep rets crd reg.. .£1
^.100
Atlantic Coast Fisherles.-l
'
Altorfef Bros common...*
100
1it
1
1254
22)4
Aluminum Co common.. .♦
6% preferred..
Feb:
97
Ja1
->r - -1
-
——
Jan
-
107
Atlas
*
(Mich).-.lO
com....26
81
*
Jan
preferred..'
conv
Jan
*u
Jan
Jan
9154
254
Alliance Investment.j;.--*
Allied Intl Investing—
Allied Products
.
-
Class A-
$5 preferred
*
Assoc Laundries of Amer.*
Atlanta Gas Lt
Warrants..
Alabama Gt Southern. .50
Am
Assoc Tel A Tel class A..*
Jan
300
4>4
Air investors common.-..2
■
Low
£1
600
,
Class B
Range Since Jan. 1
Week
1154
British Amer Tobacco
Acme Wire Co common. 10
Price
British Amer Oil Co.
{Associated Gas & Elec—
AeroSupply Mrg Class A .1
Sales
Friday
for
of Prices
Low
"47
200
52
44
6i«
Jan
47
Jan
X
Jan
14 A
Jan
31X
Jan
31X
Jan
13
Cherry-Burrell
Chicago Ri
'ec
common.
& Vtdi..'.t:
..
9X
9X
74X
74)4
50 X
9X
74X
50 X
3X
9X
'
Fen
10)4
100
72
Jan
83
Jan
100
49
Jan
51
Feb
5
Jan
6
Jan
200
Jau
■'•y,'
• if
r.n-
Tuesday,' February 17, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
724
NEW YORK CURB EXCHANGE
STOCKS
(Continued)
Sale
Par
Week
of Prices
Low
High
Price
Low
Shares
X
1
100
common..10
$6 preferred
*
60c preferred B. .
"
Chief Coiisol Mining
HX
Chllds Co preferred
3
Cities Service
$6 preferred BB
200
2N
250
52
'"""io
48
2N
100
H 'X
Inc..l
Clayton A Lambert Mfg..4
Cleveland Elec Ilium
*
33 X
com..*
5X
3X
Colon
Jan
;;
6N
Jan
3N
Jan
;
3N
Feb
Jan
1
Jan
3N
Jan
7
IX
IX
66N; 67X
Fire Arms .25
Columbia Gas A Elec—
T.
Jan
3N
J*n
34
Jan
Jan
IN
Jan
Jan
be
Jan
IX
"48 N
48
Jan
•:""' N
N
16
Feb
18
•le
102
102
-
Jan
9
Jan
;soo
12N
12x
800
10
13
25
11
100
•1
4X
8X
6N
IN
Jan
Amer dep rets
IN
Ja"
Gen Fireproof ing
44N
Jan
112
Feb
52N
Jan
114N *Jan
101
Jan
102
1,200
IN
9
!.•.;< Jan.
9
100
20
500
;
X
13 N
X
Jan
Gen Outdoor Adv
Feb
Gen Pub Serv $6
IN
Jan
5N
Jan
IN
4N
Jan
Feb
81X
Jan
OX
1,700
7N
Jan
7X
700
6N
40
IN
10
Jan
Italian Superpower
9N
65
65
65
Jan
X
51X
S3 preferred
Jan
92
Jan
»ie
Jan
N
Jan
Jan
Jan
Feb
15N
Jan
102 X
X
Jan
Jan
1
Jan
Gilchrist Co
82
Feb
Jan
5N
Jan
N
Jan
555
Jan
16N
Jan
Feb
Goldfleld Consol
Jan
Goodman Mfg
IN
Jan
X
hi
Jan
be
Jan
2X
2X
400
1N
4N
Jan
Jan
N
2N
Jan
4N
X
21
Jan
13 N
Jan
Varnish.._1
23 N
Jan
Great Atl & Pac
4N
15N
Jan
Jan
Jan
14
7
Non-vot
Feb
Kings Co Ltg 7% Pf
6N
Jan
V'7N
20N
Jan
20N
Tea—
N
Jan
Jan
Kirby Petroleum
Klrkl'd Lake G M Co Ltd
Jan
101
7
Jan
Klelnert (I B)
34 X
103
Jan
,8N
Koppers Co
5
Jan
Jan
4N
Jan
23N
ION
Jan
12
Jan
Jan
32
a
-
Jan
9
Jan"
Hall Lamp Co
Jan
Jan
100
7N
Jan
Jan
Feb
Jan
IN
Jan
Feb
44
1X
Jan
IN
24 N
29
3N
Jan
Jan
Jan
Feb
Lakey Foundry & Macb..l
Lamson Corp of Del
5
3H
Jau
2N
Jan
3N
**2N "2X
80 X
130N
Jan
2N
500
Jan
v
1X
Feb
IN
Jan
Jan
13N
bt
130
150
Jan
79
126 N
3N
3N
83
Draper Corp
Driver Harris Co
25
*
10
Jan
4N
Feb
3N
120
500
-»i*
131
22 N
23
22
31N
31N
<'
108"
'n
*
Jan
7
Jan
Feb
Corp.l
100
Durham Hosiery cl B com *
Duro Test Corp common.1
Duval Texas Sulphur
*
Duke Power Co
2
68
conv
be
Feb
-
5N
3N
Jan
Feb
1
Jau
Feb
Jan
Jan
Feb
107 N
Jan
109
31X
100
4N
H
Feb
Jan
19
46
Jan
IN
•
26
5N
N
200
18
17N
IN-
•
IN
5%
17 N
20 X
Jan
IN
Jan
2 N
25 N
Jan
27 N
Jan
6N
2,000
6N
5N
Jau
8N
Jan
10
200
East Gas
1,200
8
7N
10
7
23 N
Jan
7
8N
Jan
& Fuel Assoc
Jan
47-
48N
225
29X
29N -29N
150
"*N "
*
67 preferred series A..*
66 preferred series B_..*
Easy Washing Mach B.
Corp
15N
15N
2
Jan
44 X
27
Jan
Jan
33
Jan
16N
47
Eastern
Eastern States
IN
IN
Common
Jan
Jan
17
Jan
17
100
15
Feb
17N
N
17
16 N
2N
100
13 X
375
13N
200
2
-Jan
2N
28N*
$5 preferred
16 preferred
Elec P & L 2d pref A
iX
1
50-
...
*
~53X
IN
53N
56
Inc..
55
*
-
-
1
Vtcfor 1st pref
Hydro-Electric Securities 5
Hygrade Food Prod
Hygrade Sylvania new..
Jan
14
Jan
4N
-
55
Feb
Jan
McCord Rad A Mfg B..„*
Jan
McWilliams
Jan
25 N
Jan
Jan
27 N
111
13 N
Feb
15
Jan
Mead Johnson & Co
Jan
58 N
Jan
Jan
Illinois Zinc Co
Jan
Jan
5N
Jan
2,600
4N
300
55
Elec Mfg
4
27N
5X
6% preferred.—.
6N% preferred
7% preferred
8% preferred...
100
100
100
100
Empire Power part stock *
Emsco Derrick & Equip..5|
.
4N
27N
5N
5N
900
53N
Feb
Jan
27N
5N
80
-
Jan
63 N
6N
be
Jan
Jan
-
*
5%
5N
•
5X
50
Jan
Jan
Jan
28
Am
16
16N
400
5N
81
Jan
101
98
Jan
105
Feb
100
100
Feb
105
Feb
Jan
110N
Jan
106 N
Feb
115
Jan
19N
Jan
108""
50
"Ix
"hli "5x
"166
For footnotes see page 726,
5
Fel)
23X
Feb
Jan
20N
5X
300
21N
675
14N
Britain
&
Jun
2
Jun
3N
1,200
18 N
Jan
4X
Jan
Jau
50
'be
ION
7N
5N% preferred
.100
6% pf.100
Indiana Service
7% preferred..
'be
Jan
100
Non-voting class
Jan
Class B
IN
Jan
Jan
IN
Jan
IN
1,600
1
1,400
7N
IN
!V1-
1
7N
7
110
1,000
7
Fct)
80
110
Feb
114
'be
'
3N
100
3N
Feb
19N
19 N
50
19 N
Feb
2N
Jan
25N
Feb
Mfg cl A..1
Jan
"l25
N
Feb
Jan
N
5N
Feb
Feb
Merrltt Chapman A Scott *
r5N
5N
5N
600
5
4N
25
94
-
\
15N
2N
Jan
Jan
Feb
18
Jan
Jan
N
6N% A preferred...lOU
1
25c
15
101
101
101
1
Messabl Iron Co..
IN
IN
11X -12 N
1,900
Jan
X
Jan
;
66 preferred.
Michigan Bumper Corp..I
21
Feb
23 N
Jan
Michigan Steel
UN
Jan
2N
X
'
-
1:
Jan
1,100
IN
26
600
Jan
13N
Jan
Michigan Sugar Co.-.i-
2N
6N
Jan
Jan
2N
6N
Jan
Mlcromatic Hone Corp..l
6N
6N
Jan
6N
Jan
Jan
9
Jan
'
N
300
9N
800
101N 101N
10
Jan
Jan
27
Jan
5N
Jan
X
Fel)
101
Feb
IN
Jan
IN
Feb
27
101N
N
4N
Feb
101N
N
4N
1
t c_.........1
2N
Tn
IN
8
2N
1,300
100
Jan
2N
Jan
ox
3N
Jan
2N
600
'be
be
3N
3,200
%
Jan
IN
Jan
8N
Jan
5
2N
Jan
3
be
300
3N
Jan
Jan
Feb
Jan
Jan
Feb
?
Jan
Jan
be
Jan
3N
Feb
4
Jan
8
*
62 conv preferred
Jau
ex
■
Feb
8
Feb
Midland Oil Corp—
3N
Jan
3N
5
IN
8
IN
-.10
Class A v tc
Class B v
N
N
Tube.-2.50
Middle West Corp com..5
2N
Jan
Jan
20
Middle States Petroleum—
Jan
N
Preferred
700
Jan
Jan
Jan
Jan
3N
Jan
Jan
Jan
IN
7N
126
Jan
10
8N
800
-
Feb
3N
25N
Feb
Midland Steel Products—
101N
Feb
107 N
Jan
13N
com....*
Jan
18
Jau
Mldvale Co
Jau
18N
Jau
Mid-West Abrasive
Midwest Oil Co
10
36 N
38
50
new
Jan
Feb
41
N
Feb
be
Feb
Mid-West Refineries.....II
X
Jan
1
"ex "ex
Jan
IN
Jan
200
6N
Jan
7
Jan
400
IN
Jan
Midwest Piping A Sup...*
be
Jan
14
36
62 non cum div shares.*
17
17 X
A...1
1
Jan
N
"25*N
100
22 N
N
3N
-
Jan
2N
25N
Indian Ter Ilium Oil—
Jan
Jan
102
Jau
500
18 N
26N
*
6
N
21
Ireland...£1
Indiana Pipe Line
Jan
2
Participating preferred
Imperial Tobacco of Great
Jan
Dredging..
Metal Textile Corp.
dep rets regis...£1
Jan
98
108"
24 X
Jun
23 X
20 N
Warrants.....
21N
Imperial Oil (Can) coup..*
Registered
*
100
m'x
Jun
22
21N
Jan
•2
16
*
Jan
100N
99 X
Jan
5
Indianapolis Power A Light
100
H
$4 preferred..i
Merchants A
Imperial Chemical Indus-
Empire Dlst El 6% Pf 100
Empire Gas A Fuel Co—
Jan
22 h
Memphis Nat Gas com..5
Mercantile Stores com..*
-*-50
Imperial Tobacco of Can.5
Emerson
Massey Harris common..*
28
-IN
IN
60N
25
Jan
N
18N
Jan
7N
30 N
57X
•
4X
Illinois Iowa Power Co..*
Jan
X
1
15
7
1,200
Metropolitan Edison—
Feb
Option warrants
Electrographlc Corp
Elgin Nat Watch Co
2,100
N
Mass Utll Assoc v t C...1
12'
Jan
Partic preferred..
1
1,700
8N
100
125
1
Huyler's com
50
4N
53 N
•;8K
*
Corp
Shovel..
Jan
5
400
*
Feb
May McEwen Kaiser Co
27
27
"13N "13N
4,500
-
Oil
100
30N
preferred-_.—.100
Div arrear ctfs
Economy Grocery Stores.
com..5
Feb
13N
Steam
110N
30 N
*
5% conv preferred...50
Elec Bond <fc Share
X
Jan
1
Jan
6N
A Co com*
Hubbell (Harvey)
Jan
Feb
12
Communication Co Ltd
12
Horn A Hardart
Jan
"206
Mapes Consol Mfg Co...*
Marconi Intl Marine
13
50
<14
14
Jan
Jan
16
13 X
X
Marlon
Jan
1,200
Jan
Feb
M
Feb
Jan
Jau
15
100
Jan
N
52X
14N
N
Mangel Stores...
$5 conv preferred
Jan
Jan
20N
N
6
N
7% 1st pref... 100
Conv 7% lstpfvtc.100
Lynch Corp common....5
Jan
Horn A Hardart Baking.*
Jan
Fel>
Jan
Conv
24
Horn (A C) Co common
Jan
27N
5N
60
Manatl Sugar opt warr..
15
Hormel (Geo A)
7N
Fel)
'""650
Jan
Manlschewltz (The B) Co
Jan
Jan
Feb
102
Jan
6N
Hoe
5%
H
Jan
Jan
11 N
•
4N% prior pref
100
6% preferred
—100
Malleable Iron.25
•
Jan
Jan
Hussmann Llgonier Co.
7X
Jan
6N
88 N
Jan
Jan
Jan
Jan
Hummel-Ross Fibre Corp 5
10
Jan
100
~
Feb
Jan
N
be
Jan
Ludwig Bauman & Co com*
ION
Humble Oil A Ref..
Eagle Plcher Lead
7% pref class A
100
6% pref class B..... 100
*
Jan
80
Jan
Jan
Jan
3,200
Loudon Packing
IN
25
2N
hi
4H
13
8N
3
UN
68N
1,300
ION
14N
*
Jan
80
110
"u
f■
6
Loulslaua Land A Explor.l
11N-
Jan
Feb
Jan
Jan
14N
5
Jan
80
Jan
2N
IN
ION
3N
Feb
100
IN
26 N
26
Horder's Inc
Jan
Jan
1,300
*
common
'be
Jan
9
Holophane Co common..*
N
7
Brothers
Locke Steel Chain
Jan
300
u»
Hollinger Consol G M.„6
2,300
7
Lit
Jail
Jan
3
10
(R) &C0 class A...10
Jan
2N
•
4H
X
27
6% preferred..-2b
Jan
3N
17N
46
3N
25
Jan
2N
Jan
Llpton (Thos J) Inc—
Jan
2N- Feb
Feb
4N
X
6
Jan
~X
Henry Holt A Co par A.
Hewitt Rubber commou.
Jan
•
Feb
,Jan
IN
Develop...25
Le Tourneau (R G) Inc..l
Line Material Co
5
Leonard Oil
•
67
150
Jan
2>S
1
7N
105
2
25
Jan
4N
7
preferred
4N
10
*
*
Class A
Heller Co common
67
N
2X
Conv
Jan
Lehigh Coal A Nav......*
80
108
3N
-25c
Co
Helena Rubensteln
Jan
Jan
34
200
Class B
Jan
2N
Dreferred—.50
Feb
N
IN
800
2N
68
68
30
8
2N
100
Jan
35 N
34 N
108
2,500
105
108
be
100
33
105
18
Hearn Dept Stores com..6
24
Jan
110
100
7% preferred
Dubllier Condenser
7N
2N
Jan
33X
lOO
1
B non-vot common
Feb
62
100
65
62
7N
2,100
40
40
J).100
Ltd..l
Lane Wells Co common.
Murgay
4N
62
Ja"
7% pref.. 100
Lane Bryant
Jan
Jan
1
Be
•
34 N -35
7'
7
Dominion Bridge Co Ltd.*
Dominion Steel & Coal B
Jan
3N
Louisiana P A L $6 pref
Preferred ex-warr
11X
200
Mines
Lefcourt Realty common.
•
Preferred w w
3X
12N
;lj Class A... ..........
279
America—
Hecla Mining
300
12 X
3N
Langendorf Utd Bakeries
24
300
Heyden Chemical
common.1
Jau
100
60
Jun
Jan
1
Jan
Diamond Shoe
DoDeckmun Co
Jan
400
96
Jail
Jan
Harvard Brewing Co...
Jan
Jan
8
N
100
3'X
be
100
24
25
1
Hartford Rayon v t c
6%
200
12 N
Jan
23
Hainmermill Paper.....10
IN
300
4N
93
51
95 N
6% pref.. 100
Feb
•
79 X
Hazeltine Corp
4N
Jan
Jan
175
24
24
•
-5
8N
8
7% preferred
10
common..*
com._l
Jan
Long Island Lighting-
3N
20*
Dlvco-Twin Truck
7N
Dept Stores—
4% conv 1st pref
100
Kress (S H) special pref. 10
Kreuger Brewing Co
1
Lackawanna RR (N
»
Jan
Feb
2
100
IN
*.
Jan
be
Kobacker Stores Inc
-
13N
Jan
Jan
IN
Common
Hat Corp of
13N
48
1
Lone Star Gas Corp..-..
Jan
37
10
common..10
Feb
38
60
com..*
Rubber Co 10
1
Feb
98
H
Jan
1
200
IN
Jan
7N
Klein (D Emil) Co
Jan
Jan
300
1
Hartfcrd Elec Light
IN
51
50
be
100
8
1
111 N
•
Jan
■,
2N
Records common
Co com..l
10
...
1
53H
Jan
2,400
Janl
Dejay Stores
Detroit Gray Iron Fdy_.l
Jan
100
Jan
99
Brewery...1
Gt Northern Paper.
25
Greenfield Tap & Die
*
Grocery Sts Prod com.25c
Janj
18N
l
Jan
95
115N 115N
B.100
Jan
96 N
425
11N
8
Greater N Y
■JlA.
10
1
88
Jau
Kingston Products
31
stock—*
com
Feb
700
IN
Feb
88
Jan
14
6N
Dennlson Mfg clAcom.
82
94 X
Klmbeny-Clark 6% pf.100
X
50
20
99 N
11
11
5
Gray Mfg Co new
Jan
Feb
6N
400
50
84
91 X
E 7% pref. 100
Lake Shore
Grand Rapids
Jan
84
K
Kresge
*
$3 preferred
*
Gorham Mfg common..10
Jan
D
IN
81
Jan
class A
Gorham Inc
25
Util 65.50 pf.*
66 preferred
*
Gypsum Lime AAlabastlne*
$6 prior preferred
50
8% debenture
100
Derby Oil & Ref Corp com*
A conv preferred
*
Detroit Gasket A Mfg...l
Jan
Feb
Jan
Gulf States
20 N
80
2
Kennedy's Inc
5
Ken-Rad Tube & Lamp A *
3 X
Gulf Oil Corp
6X
Jan
5N% preferred
100
6% preferred
100
7% preferred...
100
Johnson Publishing Co. 10
Julian A Kokenge com.
Jan
Co.-.--.50
{Guardian Investors
6X
Jan
IN
69
N
110
*
Mlnes..I
Jan
„5
Jan
18
Jan
2.50
6
1
—.35
2N
Jan
Feb
*
Feb
Jan
200
6N
Feb
Jan
Kansas G A
Feb
14
8N
1
preferred—
13N
IN
5N
6N
Jan
Jan
300
IN
Jan
7
Co.*
*
Gcdchaux Sugars class A.*
Class B
*
80
Feb
14
100
N
ION
400
13
8N
IN:
59
Gladding McBean <fc
4N
34
7% 1st preferred
14
Jan
Jau
X
*
'Jan
*
Gilbert (A C) common..*
Preferred
*
Jan
4N
5,900
Jan
Feb
6N
A Lt
Feb
100
100
08
Jan
31
200
..5
A
Glass Co
Jersey Central Pow
Jan
Jan
Feb
32
Georgia Power S6 pref..
Cuban Tobacco com—
Mills.*
8N
1
*
65
com..1
*
Feb
900
15N
Jan
27
Jan
be
50
X
52 X
100
100
Feb
7N
Jan
50
10(1
800
Jan
5% preferred D
*
6% preferred A
Jan
14 X
14N
12 N
t c..
X
6% pf 100
pref...*
66 conv preferred
Jan
88
600
20X
28 X
6N
Knott Corp common
400
300
ON!
10\
22 X
Co A stock...*
General Shareholdings Corp
Common
]
400
Jan
7N
.<.
59
3N
X
UN
28 N'
6N
^Interstate Hosiery Mills.
Interstate Power 67 pref
Irving Air Chute
27 N
100
*
$6 preferred
Feb
1,250
Jan
he
400
| 10
-9
Equip.. 1
•Interstate Home
Iron Fireman Mfg v
Feb
16 X
5X
20X
3N
1
61.75-preferred.^....
63.50 prior pref-j^..-.*
Jan
44 N
89
250
10
5%
HtFeb
•
j
Jan
12 X
200
X
12
com...*
B__*
General Investment com.l
IN
1,000
5
Jun
; .300
-*
Class B
ION-
N
29 N
28 N
Jan
ord reg.£l
$7 preferred
2N
International Utility—
20 N
Jan
N
Gen Gas A El $6 pref
Jan
2N
16 X
4N
4N
Razor B>
Internat Safety
Fel)
Jan
Jan
1
-*
Jan
15 N
IN
Coupon shares
--*
i
Registered shares....-*
.International Products..: _*
5
Feb
9
19N
88-
2N
IN
Crystal Oil Ref com
*
$6 preferred
—10
Cuban Atlantic Sugar...5
De Vilbiss Co
Jan
8N
Jan
Co com..25c
{Detroit Paper Prod
Detroit Steel Prod
Jan
27N
Glen Alden Coal
preferred...25
Det Mich Stove
i
44 X
IN
X
Crowley, Milner & Co.
Crowu Cent Petrol (Md).5
Crown Cork Internal A..*
6% preferred w w
1
19N
25 X
82
80
15 N
Class A conv.
■
Jan
4
"760
Feb
.
investors Royalty..
1,500
'i6
5X
Petroleum
5
'Crocker Wheeler Elec...*
Croft Brewing Co
1
Decca
Jan.
Feb
13N- Feb
Electric Co Ltd—
Jan
Jan
34
33
5N
Creole
Rubber Mfg
12 N
100
Gen Water G & E
OX
14
Dayton
IN
Jan
:4N<"4N
.
?«
8N
6,200
2,800
ht
ON
v
preferred
1
87
87
5% conv preferred...50
Courtaulds Ltd—
Adrs ord reg stocks...£1
Davenport Hosiery
.
General Tire & Rubber—
com_..l
Darby Petroleum com
Jan
IN
Gen Rayon
-*
(Mo)
IN
•1-.;'
3N
4N
;.
N
ON
.
Petroleum—
International
Jan
Jan
Gatlneau Power Co—
1
102
28 X
103
100
Feb
Jan
9-
Tnternat PaperCe warp.u.
Jeannette
200
112 J4
IN
64 N
Jan
60
112
IX
Jan
f>" Jan
•:
Jan
IN
IN
Jan
Jan
180
50 X
112N
Mines 5c
Corroon & Reynolds
1
$6 preferred A
*
Curtis Mfg Co
Feb
IN
— .—
500
10
Curtis Llght'g Inc com
93 X
7N
5
Feb
Feb
12
900
IN
IN
IN
IN
Jacobs (F L) Co
3ie
300
Cornucopia Gold
7% conv
275
Feb
Jan
Jan
3n
8
Feb
100
JN
X
Jan
Jan
58
4% conv preferred... 100
Gen
Cooper-Bessemer com...*
$3 prior preference
*
Crown Drug
99 N
partlc pref.
Gelitnau Mfg Co com
7% prior pref
100
Continental Oil of Mex..l
Cont Roil & Steel
1
:l
93 N j
1
15
Fuller (Geo A) Co new..l
$3 conv stock —
*
Common
5%
Consolidated Steel Corp.*
Continental Gas & Elec Co
Cosden Petroleum
80
1
Malt—
Froedtert Grain &
General Alloys Co
Co
5N<
18N'
High
70
700
-72
70
70
Jan
Co..5
$3 preferred- - - - ——
Copper Range
■
Feb
Low
Shares
1
i
Vtcoomraon
.7% preferred---J-r-100
Co of No Am. 10
International Cigar Mach *
Internat Hydro Elec—
Pref 63.50 series
50
:Iuternat Industries Inc..l
Internat Metal Indus A..*
Jan
15 X
Gamewell Co $6 conv pf.*
IX
Jan
7N
13-
(Peter) Brewing
IN
8,
Corp.l
1
Consol G E L P Bait com.*
4N% series B pref.. 100
4% pref series C—-100
Consol Gas Utilities
1
Consol Mln & Smelt Ltd.5
Consol Retail Stores
1
8% preferred
—100
•2 N
<
Price
Insurance
j.
Jan
Common
Oil
200
59 X
Franklin Co Distilling...
1946
1
Gas & Coke Secur
Consol Royalty
: 6N
58
V*
Fox
V t c ext to
Telep <fc Elec
9N
Jan
—
Class B voting...
Jan
S3J
Consol Biscuit Co
:
Jan
12 N
Jan
50
fl6:~
93N
Class A non-vot.-.—
4N
2N
16
5«
Community Water Serv.-l
Compo Shoe Mach—
Conn
Ford
72 X
X
X
16
2,500
58
Jan
Jan
-
Distribution.. 1
Service 25
Jan
Feb
4N
Jan
Feb
3,300
1X
IX
2N
7?£
I X
>
'"*350
6N
X
>64
IN
i 2N;
15X
ord reg..£l
Motor of Canada-
"Jan
Jan
Jan
i,
-Feb
7X
•2
2
Am dep rets
IN
27 N
21
Class A..
66 X
40
Jan
Jan
16 X
2 N
Jan
400
Week
i
100
30
Jan
8M
-
for
of Prices
Low
High
Industrial Finance—
•;
Ford Motor Co Ltd—
Conv
1
7N
8N
Aviation
7N
v-
; V-"S
28 X
100
Community Pub
Conn
Jan
Jan
■2X
19»
2N
1
Falrchlld Eng & Airplane.1
Falstaff Brewing...
1
Fanny Farmer Candy
1
Fansteel Metallurgical...*
FeddersMfg Co
5
Fed Compress A W'h'se 25
Fire Association (Plilla) .10
Florida P & L $7 pref
*
Falrchild
1,100
Commonwealth A Southern
Commonw
35
Feb
X
15
650
•
Week's Range
Sale
Par
Jan
be
400
'
•
Eversbarp, Inc com—....1
4'4
preferred...£1
Colt's Patent
Warrants
X' Feb
5
500
Colorado Fuel A Iron warr.
Columbia Oil <& Gas
Jan
100
Inc.
5% preferred
Jan
900
Development ord...
6% conv
14 X
Feb
CocPshutt Plow Co com.
Cohn A Rosenberger
Jan
Jan
33
Utensil Co...*
Jan
»u
>1
Last
High
,
Jan
4N
150
35
5%
3X
425
15N 1 16 :
2n: 2N
20N 20N
Line com.-.50
1,000
'«
i
Low
Jan
N
33 N
Cllnchfleld Coal Corp.. 100
Club Alum
Jan
3ie
Jan
J»i
Range Since Jan. 1
Shares
High
■
1
Esquire Inc...
Eureka Pipe
82 N
82 N
Jan
Jan
-
Feb
4N
Low
Equity Corp common..10c
I
$3 conv preferred.....!
Feb
52
Jan,.
14 X
Clark Controller Co
Cleveland Tractor
Jan
•
Feb
3N
55
•Jan
4N
200
4X
4N
Jan
14
Jan
82 N
4N
Week
Price
Range Since Jan. 1
STOCKS
(Continued)
for
of Prices
Par
H*
..
,
Jan
78
67 pref.*
*
City Auto Stamping
*
City A Suburban Homes 10
Claude Neon Lights
Jan
4N
Citles Serv P & L
$6 preferred..
'
^
Jan
2,000
"48"
"48"
i--
Week's Range
Sale
Sales
Friday
»
Last
High
8
13N
3N
53 X
ION
52
Sales
STOCKS
(Continued)
Range Since Jan. 1
for
Week's Range
Last
Friday
Sales
1
Friday
■;
'Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4047
"
W'i-%
-
'
v>yv\s* v.
*y
NEW YORK CURB EXCHANGE
;k'i,
Sales
Friday
stocks
Last
1
i
s
,i
.
•-.•".••Par
Week's Range
of Prices
Low
High
Friday
Week
Price
Sales
STOCKS
Last
Week's Range.
Sale
of Prices
Low
High
Week-
r
Par
{.
Shares
Ml.ilng Corp of Canada..*
Minnesota Min A Mfg.*;;*
44
Minnesota P A L 7% Pf 100
82.
34
;
Price-
$2.80 serlefc
Missouri Pub Serv conr-'.1*
Mock Jud Voelirlnger—
v
Jan i
Feb
534-
Common.;..
2.50
Molybdenum Corp.l....l
'Jani
Feb i
102
9634
10314
97X
96
169
•<
53
Jan
3034
Feb
42
Feb
161
Ward A..;*
Philadelphia Co
17
Jan;
/1734
Jani
34
Fe b
'
Mtge Bank of Col Am shs.
:V
common.*
5;v
Feb i
i
114)4
Feb
Murray Ohio Mfg Co
"*
Muskegon Pistou Ring.234
10
Muskogee Co common...*
21
Jan
1%
Jan
4A
2,900
50
4J4
3214
Feb
3634
Jan
10
Jan
4;
Jan
■
9H
m
i%'
Jam,
42
Powdrell A
$3
conv
preferred
14
50
4134
National Container (Del). 1
National Fuel Gas
*
1334
14L
4134
Feb
25
1J4
OA Jio"
J»n
Pratt A Lambert Co
Jan
Jan
61H
260
10-J4
.
300
10 34
Jan
900
58 J4
Jan
3%:
334
3%
100
•
Jan
43
Jan
63 A
Premier Gold Mining
Jan
88
85.34
9034
85)4
Feb
8534
National Refining com...*
Nat Rubber
Much
_..*
National Steel Car Ltd—*
534
334
Jan
Feb
Nat Tunnel A Mines
163^
16J4
"l6
8
Jan
Standard OH
Jan
Jan
4
Feb
Jan
234
19 34
»i6
33
*
*
96
98
*
45
4834
15
15
Jan
Standard Silver Lead
Jan
Quaker Oats common....*
64
Jan
6% preferred
-...100
Quebec Power Co.......*
145
$2 preferred— *
New England Tel A Tel 100
(
Pyrene Manufacturing.. 10
New Haven Clock Co
Jan
Standard Tube cl B
10134
3 34
100
Jan
3 )4
3 34
Jan
734
Jan
Steel Co of Canada
Jan
Stcrchi Bros Stores
500
Jan
750
Jan
1%
1,200
Jan
""3" :""j"
'-"-"206
IV34
H?4
66 M
134
1
•
12
.*
com
Feb
•?-
'
9234
Jan
35
Jan
1434
225
1,6*0
Jan
700
103
Feb
5234
1634
Feb
"177:17"
.
Ji'.- 4
Jan
i-.'if
N YMerohandiKe.
.ivt.*10
AW
•
7
7 '
Sterling Brewers Inc..
200
100
Jau
87 i
k 2334
: :
'
Feb]
99
•
Jan
J
■
-
...
.
^2143 "2%
-I
[
V
n
'•
634
Jaii
"271
Reliance EleC A Engfn'r'g 5
Mfg Co.
.
'414
13 *
T"io6
100
-
!)4
18
3,ii
'534
934
Jan
1134
Feb
Tobacco
334
Jan
534
Jan
Root Petroleum Co.;
$1.20
"7)00
r
M
6 "
vi %
400
LFeb
-
34
~zW I
9J4
Inc;....5
1
%
-..w-i
13141
Russia International
"3'yi; Jan
'a
.Jan
1634
Kr
m
43 "
1
1354
.
-2%
.434
-
43
4534
3
234
3%
102
Feb
Jan
9434
Jan
95
914
434
2 34
v
Feb
15
53
Jan
1,534
7% preferred
Feb
Jan
17J4
Feb
112-
Ohio P 8
110
100
112
7% 1st pref...100
234
...100
234
254
Jan
2
Jan
-
Jan
Con v -preferred:; i ;•
Scovill
,: Jun
>
-
.
.25
'
134
3
«•,
y
■
Paclfrc G AE
*j
t5dmInon.i,*
6% Ist pt.25
"if; •':*-;<
Pacific F A R
I
7% pref
.
Jan
"2 v
-
■"Jib-a
1
34
.*•»
Jnti>
-j-
r
S
$5.50 prlot
29^4 -'Jan>27% Jan ?
stock.!—.'25
©©AHotraeut jcertlficajtes.
•*-'
-434- -Feb
-
*
,* "2
»
y*
4%—Jan-•
JOi"
-J4y9
1
j
/
.
■
-
Jan
"irkiarr
Jan
:«i514
...^
>;? *;200J
30
IJU
•«-
•
:
3
,
7'T'
PenU Gent Airlines com.-I
27,400
f?*«500
see
page
726,1!
Amerdeptctsordiieg;£l
Sioux aty
2%
"Jan
'7 34 ' Jan
•-
3%
G;4;E7%ipf JOO
Skiuner Organ
Jan
.Feb
1c|-V,.
For footnotes
Simplicity Pattern'com..!
Singer. Mfg GO Ltd—-t
'■JlJ
34
Jan
2,600
Jan
M
Jan
Jan
69
Jan
La
Feb
Jan
7i«
11634
34
Feb
Feb
734
Jan
Jan
Jan
34
11134 L Feb
12634
Jan
Lt
Jan
*st
Jan
8334
Jan
8334
Li
Jan
34
Feb
Jau
34
34
115
Jan
34
Lt
Jan
7% preferred
100
83 34
8334.
Common class B......*
5934
J4
Feb
Feb
8
954
...*
»aj
Feb
34
Jan»
7i«
Jan
7i6
Jan
United
34
Jau
U
Jan
Jan
34
Jan
Jan
23
Jan
2534
United Shoe Mach com.25
234
$3 partlc preferred
Jan
18
2134
1934
United Milk Products...*
Jan
Jan
2534
Jan
*
10%
1
T-.
•1
"•
8%' Jan
3
9'
43
42 34
'".4934
Li
•'
134
Feb
4l«4" Jan
41%" Jan
i
433!
i-k -V V*-
■~-h'
1
"
-3% ••3%
^66^691
11134 14434
•
4
5334
42%
!■
*
Feb
"234 " Jan
•534
U S Foil Co class B.....1
3
Jan
U S Graphite common ...5
Vv *
•;
'
r ■ *";r -j "-'V'-'
44
Feb
Feb
:
Feb
*i«
5 A
Feb
4
<" Jan .:
934'
Jan
1034
"62-"»•"*
Jan
70
llO'L" ?Jan
113
;—
934; Jan
Jant
'-■■■' Jau
9k;
Jan
134
Jan
Jan
5734
Feb
4334
Jan
U
8 Plywood—
:
L'
Feb
Jan
7
;
Jan
334: Jan
734 Jan
•
34
.
Jan
34
Jan
Jan
5334
Jan
Jan
30
Jan
Jau
50
.'"it
•
52
2934
2934
100
2834
•72 34' "2 H
*"366
3 <
Jan
434
Jan
1234
".Feb
1334
Feb
""Jan
"l 34""jan
7 425
'
.
*hi
U S Rubber Reclaiming..*
U
jan
i* 3
50
$1.50 conv pref...
20
U S Radiator com..i.__;_l
7:7
5
234
534
•
"
U; S and Wi Securities;.'*
U' $5 1st pref with warr
*
\ j , »v:> f t
S Stores common.1..T50c
Jan
.
Jan;
i.
"1234 "11K
Tviio
":i"
1st $7 conv pref-...—;*
934 4 Jan ^
"2
United Stores common.60c
\
10
Jab
134
Jan
600
I
.
J-
"7
34
•134
8
Jan
.1*4
Jan
34
'""260
..1
Universal Insurance
:
14534 " Feb
~T%
Universal Cooler class A.*
Class B
...
Universal Corp vtc
i39^"jin
4
Jan
Feb
f6%
United Wall Paper....-.2
'
34
4134
j-
134
4334
Jan
'
51
5734
42
.25
Jan
'J*ii Feb
'""sk"
"
.
.
United Specialties com..!
1134
44
-. .
34
'
"»i« .'Jan
"VI34
—10
preferred
Preferred.
Jan;
-c":
*
Profit Sharing.25c
Jan
Jan
34
Jan
834
Jan
734
2234
Jan
26
Jan
29
Jan
'
Jan
1134
Feb
234
5334
Jan
3 H
Jan
Universal Products Co...*
10
Sugar.;
•
234
5
Utah Pow A Lt $7 pref.
Utility
.
.
27
Utah-Idaho
Feb
"..
„
Universal Pictures com.
Utah Radio
^ ?■*
■
Jan
Jan
*
1st $7 pref non-voting. .*
....
pan .
Simpson's Ltd »Stock«:;.*Blngef Mfg GoLi: >'.4l>1Q0
■*
,pennroad Gorp-com.'-.;.-)
Jan
Option warrants.
'.
United Gas A Elec Co—
$3 conv preferredJ.i-;.*
Jan i
10c
Jan
Slmmons-Boardman Pub—
Jan
a
Penn Traffic
Sherwin-Williams of
Sllex Go eo mmo tn©;*i.L--
;
AC—25
PennrMex >Fael. :y;.-.50c
A
•
**-
*r.
Peniusula'r Telephone com*
L .$1>49 preferred
.■
8
j
hi
y.5%cuin prefser AAA100
Parker Pen Co.10
Jan
734
1434
1434
United Gas Corp com...1
Jan
r'.i.
Sentry Safety -eontrjof.-j.Lj
•Serrick-Gorp oift^s BL ^;;T
*l-il
■Jjj
Parkersburg Rig A Reel—1
V
5
A part pref. —.*
$6 1st preferred
5934
Shawinlgan Wat A Pow—*
Patohogue-Ply mouth Mills*'
•
8
Seton Ivcattifircommon..;*
Pante'peo'Oillof Venezuela—
,
5934:
'
'98 34'Jan-
-8,500
3
Jan
•
•^XJonvertlbte stock;:*-—-.5
81
--434 ";,Hr34
Jan
Feb
United Lt A Pow com A..*
©' common J.—v.>ls.;!
•'Wv *~1
cum
Jan
17
rH
Shattuck Dennr-Miidug—;5
Amerh»n-Mmfctri vrarff
300
734
*i»
26
-2m; 234
•Selby Shoe Co'...-Gil,;;.*
Sherwin-Williams Com—25
'As™ >v
Paramount MbtbfS Gbrpll
Jan
United N J RR A Canal 100
Page-Hereey Tutoes.'iC.-y.:*
;•
Feb
634
500
IO34
1034
4——-
$1.30;lst preferred;.:.*
-
.
—
-Selected Industries Inc—
'A H.'*
,'ijJ
81
Jan
134
Jan
Investment com..*
United Elastic Corp
•
Segal !.ock A Hardware.. 1
V% 34- :96«4
.100
35
Jan
United Corp warrants
1134
Seiberllng Rubber com... *
Jan
-Pacific- Publlo-Servlob.-.
<1
$
<rrr*l
liTr'*)
Jan
Jani
Jab
134
234
434
634
SeemanBros Inc—.l;—
•Jan
:s'JiTA
^34^-2734
3"-«534%" 1st "preferred:.-.25
Pacific Lighting $5 prel;;*
7434*
6%
1
Un Cigar-Whclan Sts._
Jan
7m
Securities Corp general..
Pacific Gah-Oo
•
-,-1;
•
S
Jan
32 M
*
200
Scranton Siuiiig Brook
Jan
b
Vi.'L.
700
'
200
$3
Jan
Hcranton Lace common.;*
t\.
A:
'*
..1
4-
10
Jan
Jan'
Jan
AW
"260
Unexcelled Mfg Co
Scranton Elec $6 prof.—.-*
jan
Warrants
1
Jan
Udyllte Corp
234 -Feb
Mfg..--';-;—25
Feb
1534 Feb
4634 Feb
10834 Feb
iJWP I
10834 10834
Jan
Feb
Jan
Li
Feb
'
$534 ponv prior pref..:*)
34
534
34
4»4
600
Jan
«ii
.5
Water Service $6 pref:.*
Oliver tltd Filters B..^.i*
Omar Inc..'.;.—
Jan
900
1,100
Feb
34
Scullin Steel Co comt....*
16
*i»
.1
Feb
112
116
115
Schulte (1) A) common.. 1
6% 1st preferred..-. 100
46 34
Jan
Co...10
...
Jan
34
*
Class A
Jan:
v
Jan
warrants.
OH
Jan
'. Jad
Feb a:103
Feb
111
..;....*
Oilstocks Ltd common...5
1534
334
Feb
Li
United Chemicals com...*
Salt Dome Oil CO----.-.1
Jau
2)4
Ohjo Edi*on $6 pref;
Ohio Oil 0%' preferred. 100
Ohio Power 4 34% pref .100
4634
95
Jati
Jan
Jun
3
434
SchiffGo common; *
.50
Jan
49
102
Tubize Chatilloti Corp
Class A $2 cony pref..50
Savoy Oil Co.....
Oklahoma Nat Gascom.15
534
34
Jan
6s.1
Trunz Inc. J
Jan
Jan
Li
St Regis Paper common..5
Jan
14
Feb
49.
' Jan
334
Jan
United Aircraft Prod—1
Jan
3
Feb
2%
Feb
St Lawrence Corp Ltd.
Jan
Jan
Sanford Mills
4
Ohio Brass Co cl B com-:"
Shipyards
Trl-Continental
Jan
Feb
Jan
Feb
Samson United Corpcom.l
Ogdcn Corp com
%
100
5
1534
Jan
»34
.*
834
Jun
14
Jan
100
Jan
Jan
108
Jan
234
234
14.14: "14)4
Corp.—*
Jan
14 34
4 34
Jan
UuStk Yds of Omaha— lOu
Feb
V
Feb
234
-150
Union Gas of Canada....,*
Jan
98
Jan
3
•500
15)4
Toledo Edison 6% pref 10c
7% preferred.
100
Tonopah-Belmont Dev. 100
Tonopah Mining of Ncv.l
34
2Vx
4%
Ryerson-A Haynes coin.l
10634
9834
106 34 10634
loo
3
234
15)4
: ';5.
Jan
8
Jan
Jan
Jan
2
Aeronautical Co...1
Ryan Consol Petrol
7
98
Ser6% pf.100
7% preferred
..100
Northern Pipe Line
10
Northern Sts Pow cl A..25
Feb
I934
Jan
99
85
Union
334
334
Jan
7
50
Corp...*
Jan
Jan
5
Jan
1,600
Exports..*
80c conv preferred
P isseks
Jan
5034
60
400
'
Todd
*
Royallte Oil Co Ltd
*
Royal Typewriter.
.*
Fifth Ave_..-234
Jan
F'et)
•16
1,300
8"
99'
99
Jan
Transwestern
pref-.i—.20
conv
Prod
Thins Lux Corp...
'934
2)4
1834
734
Tung-Sol Lamp Works...1
Feb
80
Jan
734
Tobacco Sec Tr Co Ltd
A Pendleton Inc.*
Jan
234
17)4
Tobacco A Allied Stocks..*
150
Feb
Jan
Feb
34
Feb
5,900
1354
-
234
1734
Taggart Corp com
1
Tampa Electric Co com..*
Jan
Jan
'm-
Jan
Feb
Feb
hi
234
•
Feb
7 34
~
Nor Ind Pub
©H
Feb
1034
Tllo Roofing Inc.—:-i—.1
Feb
jaii
1
r-:
11
Jan
j.
*
Tlshman Realty & Const.
-1734
1,000
234
•
Roosevelt Field
*
N\
Jan
Jan'
2*4
No Am Utility Securities.*
■
35
Thew Shovel Co com5
Feb
*i« LJau
Jan
Class B common......*
y.
Jan
Jan;
234
8 34
6% prior preferred
,•
34
I and Co—2
Jan
i
Overseas Securities.
Jan
100
Texon Oil A
9234
...
,
44%
Jan;
6% preferred D
100
Rochester Tel 634%: pflOO
North Ainer Rayon cl A..*
■
Jan
47
Jan
Nor Amer Li & Power—
$3 preferred.
2 34
Jan
"
Novadel-Agerie
Jail
150
134
4434
12 34
50
7% pref. 100
53
13
1
Nor Central Texas Oil
1,500
Texas PAL
93
Jan
"13)4
5
Common.;
1
Jan
47
Nineteen Hundred Corp B1
$6 preferred
934
Jan-
Rochester GAE16.% pfGlOO
'88
Class A preferred....100
Niles-Bem-Poud new com*
Noma Electric
Feb
1534
Feb *
Roeser
Nlplssing Ml ics
Jan
9
Am dep rets def rcg
Rome Cable Corp com..5
234
Jan
11
Machinery
Jan
••
6934
Jan
2 )4
Jan
12
100
200
Jan,
Voting trust ctf8.ti._-l
•
.2 A
13%
1
\
Radiator;.i. J
Richmond
.
Class B opt warrants.
—5
Jan
Feb
*
*
Feb;
Me
Jan
63)4
Class A opt warrants.;
Class B common
6?4
Jan
Jan
63
5% 1st preferred.;..100
5% 2d preferred—:..100
Jan
334
5
..1
Rice Stlx Dry GoOdsE..-..*
t
Feb
M
■'im'ii'M
Republic Avlatlon„.y:__..l
*
Feb
-134
-
Feb
14;
450
Rio Grande Valley Ghs Co
Jan
8ii
•
k.v(
Feb
-
v-
t
17J4J ASJ
Relter Foster Oil Cotp.50o
Niagara Hudson Power—
W
Jan
1
1
143$Vlfi5/
_
$3 conv preferred;-...-.*
Rheem
"
Common.)....10
Jan
1
1
Technicolor Inc common.*
Red-Bank Oil Co..).-..
j
102-—'.Jan
Feb
'
Jan
ii»
I
■
34
6 34
■v'
Raytheon Mfg commjon 60c
'
New York Transit Co
5
N Y Water 8erv6% pf.100
Niagara Share—
Common
•
Jan
'f'
a.
A
Voting common..Ui.lO
t
2534
.'
&.t" #
98
534
1
—
Inc
534% conv pref
50
Superior Oil Co (Calif). .25
14634
Railway. A Util Invefet A.J
Jani
•
9134
•
Feb
N Y Rate Elec A Ghs—
#5.10 preferred—. I. .100
riK \L 7 iv.V<r.7
Jan
Sunray Oil
68i
t
A'
•
Reed Roller Bit Co.i.^--*
22
Jan
3%
Stetson (J B) Co com.—*
Raymond .Concrete IPile^-
Feb
;:..8?4
warrants.;.....
Railway A Light JSefc—
•
*■
-
•
•
Jan
96M" 96 :
86 34
N Y Shipbuilding COrp—
Founders (shares.L....1
Option
Febi
Jan
-fit
9 34
"17
Swan Finch Oil Corp—15
Feb-
18
•
.)
NYPrAU 7% pref-.100
>
$6 preferred i—.-i
•.*
*
Radlo-Kelth-Orpheum—
Jan:
.3.:
Jan
N Y A Honduras Rosarlo 10
*
Jan
Jan'
Vr':•*/,/ -tA*
234 Feb
t
-v.em.-r
Warrants.-itv.
•
Jau
.1
Class B common
....^.-.4...
N Y Auction Co
Jan
50 ^
20 717"
Sterling Aluminum Prod.If
——
Superior Port Cement—
Jan)
6834
134
New Process Co
NY City Omnibus—
Jan
1934
Starrett (The) Corp v t c.l
Jan
Feb
65
Feb
Li
Jan
34
116
Jan
New Idea Inc common...*
534
Jan
Sun Ray Drug Co
Jan
New Jersey Zinc:..;
25
New Mex A Ariz Land—.1
jan
Jan
Ms
1334
Jan
Sullivan
90
334
Jan
19J4
Stroock (S) Co
9934
*
Jan
Li
Stiunes (Hugo) Corp
-
98
11034
Jan
5
1
Jan
Feb
25
i()34
Standard Steel Spring...5
Jan
2634
Jan
Feb
*
Feb
Sterling
"lM-
2534
10834
Jan
Feb
34
6% 1st preferred
5% 2d preferred
2M
734
"134
preferred....i... 100
6%
14
..*
434
Nestle l.e Mur Co cl A...*
Engl Pow Assoc
12
Jan
Co..l
Products
Jan
Nelil Corp 1st preferred..*
New
Jan
1334
Jan
2
Stein (A) A Co common..*
Jan
7)4
Jan
Jan
10734
109
Jan
334. Jan
10834 10934
734
11034
734
Common class B
Preferred...
'n
109
Jan
Feb
14
Jan
Light il
Jan
Jan
Jan
134
1134
1334
1334
100
Jan
Jan
Pyle-Natlonal Co com...5
Neptune Meter class A...*
234
1234 "Jan
3
$5 prior preferred
NeLson (Herman) Corp...5
134
10
334
Puget Sound Pulp A Tim *
7% pref. 100
(Ky)
5% preferred...
Fel)
33
Jan
Jan
Feb
234
34
Jan
7i#
Jan
Feb
18
Standard Oil (Ohio)—
Standard
6% 1st preferred.... 100
*
634
6
preferred.20
conv
Jan
2 yt
7% 1st preferred....100
Puget Sound P A L—
*
$1.60
i3u
Jan
?!0
Jan
2 34
2734
1
Common
Standard Power &
$6 preferred
Nebraska Pow
Jan
Feb
16 34
*
30c
Navarro Oil Co
! '";7
Public Service of Colorado
12.50
Nat Union Radio
,
Feb;
'
8
Jan
Jan
Jan
24 34
9 4
034
National Sugar Refining.*
National Tea 534% Pref-10
National Transit
7)4
"9H ""934"
7)4
Jan
Stahl-Meyer Inc. — _...*
Standard Brewing Co... *
3
inc com...*
Providence Gas......
2834
2634
7
Standard Cap A Seal com 1
Conv preferred
^.10
Standard Dredging-Corp—
2 34
4
Producers Corp of Nev.__l
Pr>8perlty Co class B...*
Jan
2
Jan
Jan
*
....
'is
Pressed Metals of Am_..l
Feb
Jan
27
25
Jan
■
Jan
Prentice-Hall
88
42
Silencer Shoe Corp......*
134
2M
2M
354
1
9
National Power A Light—
$6 pref unstamped.. ..*
$6 pref stamped—
*
8
Feb
12
163 "1 Jan;
Jan
•
7%"
*
3
Nat Mfg A Stcres com...*
Feb
Southern Union Gaa .L*..
Preferred A;.-*.---;25
Southland Royalty Co...5
Spalding (A G) A Bros... 1
Jan.
5%
Lfan
61H
10%
60
Alexander...6
934
38
10
Southern Phosphate Co. 10
1; 1st preferred.... lL
6"
41 %
51
200
•
Febj
A'AJ'J7 f
6M i Jan.
Feb
Jan'
South New Engl Tel...100
434 .Feb
6% 1st preferred.... 100
Jan
39
"
2534
•
Sputhem Pipe IJim..*.. 10
914
,
Power Corp of Canada...*
Jan
2534
,
7% preferred.......100
?i31J4;; l«'ebl
Jan
1%
100
200
5M
V
59
Polaris Mining Co.....25c
Potrero Sugar common..5
National Candy Co
*
National City Lines com.l
Jan-
Jan;
Jan",
35
700
Jan
Pneumatic Scale com__.!0
1
3334
1.100
Jan
Jan'
3 34
534% pretserles C...25
3%
'•'
coin
Edison—;
254
Jan
3%
3014
Plough Inc common...7.50
Nat Bellas Hess
2-34
Southwest Pa Pipe Line. 10
Southern Calif
Jan!
1
234
234
Coast
1 Jam
234
;
■G.J -!
*
234'7',ehf
;'"-l
5% original preferred.25
6% preferred B
25
25
Pleasant Valley Wine Co.l
National Breweries coin..*
Jan
.600
•ok
Rft_.„5u
Nachman-Spriiigfllled
234
'
Pittsburgh A Lake Erie.50
Pittsburgh Metallurgical 10
Pittsburgh Plate Glass..25
;.1
Jan
""200
;
'
AM,
Postage
Pitts Bess A L E
-100
Feb
96
32X? 32^
Meter.-..LL.'X.*
,.
Jan
34
-
Corp com._l
South Penn OH.*...
25
.
Pitney-Bowes
Jan
934
r
2
.J.I
South
'
Pioneer Gold MlneslLtd.l
■*
Range Since Jan. 1
Shares
„.;_1
Feb
4534
Jan
4A
4-
Pierce Governor common.*
Feb i
17534
.334
Jan
3
■
■
31A
Conv $3 pre! series A.10
.
41 %
Mountain States Power—
Common._—.I
Mountain Sts Tel A Tel 100
r-
Common .L. .v.l.1
,
'-Jan!
V* 234
Mountain City Cop com.5c
Mountain
Producers—-.10
High
Southern Colo Pow cl A.25
Phila Elec Pow 8% prel.25
Phillips Packing Co.j...?
Phoenix Securities—'
Montreal Lb Ht A Pow..*
Moody Investors part pf.*
Moore (Tom) Dist Strap.1
Solar Mfg Co
Jan
36 %
75
"VA " '2H
f- '-i-r ■
100
Jan
20
Pharis Tire A Rubber..;!
Feb.
.J.I
Solar Aircraft Co
Jan
84
300
1,700
86
105
169
75
3K
45%
V
85
Jan
95 %
50
174
-■8 H
100
200
Perfect Circle Co.. i :_-..*
-6
Low
Sales
for
Week
Boss Mfg common.-
102 a-
Pepperell Mfg Co..i.. 100
Montana Dakota Utfl.--10
of Prices
Sonotone Corp
Penn Sugar Prop com...20
Penn Water A Power Co.*
134
Monogram Pictures com.l
Monroe Loah Boo Ai*>'.Ll
6% preferred -..;
-
Jan
Jan
,
2934
$6 preferred.
Penn Salt Mfg Co:\©...50
5%
27
Monarch Machine Tool..*
Week's Range
Sale
Smith (H) Paper Mills..-*
49
j..©.*
Penn Pf A Lt $7-preffc».,*
4:34; Jan \
Last
Price
pref..].:.;*
Class A common,
i
STOCKS
{Continued)
Pennsylvania Gas A plecr-
Mississippi River Power—
6% preferred——i—100
Montgomery
Range Since Jan. 1
Shares
Pennsylvania Edison Co—
$5 series pref.-:.. I.-;.,*
Jan
Jan
•
Friday
for
(<Continued)
Range Since Jan. 1
for
Sale
v
(Continued) 1
-
.57.34
234
58'
2,100
i',100
Jan
Jan
,62
•-
j
Products..,.
E<iultie8 com..10c
*5.50, priority stock..
766i
Lt
JanI
251
3434
Jani
Lt
Jan
3834
Jan
Tuesday, February 17, ;1942
CHRONICLE
THE COMMERCIAL & FINANCIAL
NEW YORK CURB EXCHANGE
Last
Week's Range
of Prices
Low
High
BONDS
Week
Price
Last
(Continued)
for
Sale
.f
Fridayi
Sates
Friday
STOCKS
(Continued)
Price
Shares
Friday
•
BONDS
■Since
of Prices
Low ' ;
Last
Range
I Wegkfs Range
Sale
(Continued)
Jan.
High
t
Week's Range
SalePrice
1
of Prices \
High
Low
Public Service Co of Colorado—
1st mtge 3%s._.
S f deb
1964
1949
-
48-..
Pub Serv of Indiana 4s..... 1969
preferred
$4 conv
5s ex-warr
Vost Manufacturing
—
Vultee Aircraft Co
stamped.....
Gatineau Power 35is A
1
Pub Serv 7% pref.100
Venezuelan Petroleum
Va
-Public Service of New Jersey—
Gary Electric & Gas—
..1
..5
Valspar Corp com
General Pub Serv os__
Gen Public
4.*
..1
Utll6%s A...
101
♦General Ravon 6s A,.—
100% 100 %
100%
Georgia Power & Light 5s.
83
82%
Green Mountain
........4*
Mining C0-.....I
Class B
tlOR.
*100
'103
Lt A Pow 6» B.1952
♦Schulte Real Estate 6s...,.1951
San Joartuin
Scullin Steel Inc 3s.
1951
Shawinigan W & P 4 %«..4-1967
Wellington Oil Co..
3%s
1957
1965
3%s.._._1970
Southern Counties Gas (Calif)—
1st mtge 3s
........1971
Southern Indiaua Rys 4s....1951
South Carolina Power 5s
6s series B
Air Lines Itic_.l
1947
Sheridan Wyo Coal 6s.
Hygrade Food 6s A...
Coke....5
West Va Coul&
Western
Houston Lt <fc Pr
Utll *6 pref...
1970
series D..
1st 4%s
Weatworth Mfg..
West Texas
1979
Safe Harbor Water 4 %s
{♦Guardian Investors 5s..
Mills...5
1
1.25
Wayne Knitting
83%
Ill r
Grooery Store Prod 6s
Guantanamo & West 6-u_.
Waitt & Bond class
Walker
stud..
Queens Borough Gas A Electric5%s scries A;..
....... 1!
53'
182
Pow 3%s'
Great Nor Power 5s
preferred—..—.100
A...*
mi
"521.
Grand Trunk West 4s....
.4 4
extended.i-i.-i.*
V t c
7%
Gobel
Co^*«.TJ
Wagner Baking—
83
87%'.
4s.—-J-.
(Adolf) 4^8 A.
Glen Alden Coal
Waco Aircraft
—
1st & ret 4 %« "series D1950
to 3%
•
.4
Puget Sound P & L 5%H —.1949
1st A ref 5sscries C..-...1950
*58%
& Elec 5s.
Gen Water Wks
6% perpetual certificates.
100% 100%
86 44,86%
99%; 99%
—
Southern Calif Edison 3s....
Southern Calif Gas
Western
Western
Grocer com...20
Maryland Ry—*•
7% 1st preferred
100
Western Tablet & Station'y
.1967 A O
1953 4 O
1951 J />
1st A ref 5s series C
1956 J D
S f deb 5%s.._
May 1957 M S
Indiana Hydro-Elcc 6s
1958 M N
Indiana Service 5s...
1950 J J
1st lien A ref 5s
'£■. i 1963 F A
♦Indianapolis Gas
A.
1952 A 0
Indianapolis P & L)3%s_ . ..1970 MA'
Idaho Power 3%s
111 Pr & Lt 1st 6s ser
Common
1st A ref 5 %s
20
.10
Coal
Westmoreland
Westmoreland Inc
Weyenherg Shoe Mfg._..l
Wichita River Oil Corp. 10
.
*
Ht..*
Wilson Products lnc....l
Wilson-Jones Co
—♦
Williams (R C) &
Co
Southwestern G A E
Southwestern P & L
%)9%
102
77
78%
99^
____2
May 1948
May 194S
1Q51
Debenture 6s
..Dec 1 1966
6s gold debentures
....1957
Standard Power & Light 6.S..1957
♦rftarrctt Corp inc 5s...
1950
6s
1
Debenture 6 s.
-
vj-
J
53,000
1952 J
J
12.000
1958 M S
1963 J J
3,000
Iowa Power & Light 4 %s
Italian Superpower 6s
-
Last
Sale
BONDS
Price
8.00Q
Week's Range
of Prices
High
Low
for
Week
Service 5s.
Texas Electric
Texas-Power & Light 5s4
Bonds
6s series A..—.
Tide Water Power
5s._..
Toledo Edison 3%«......
•sales
criau.)
7-4s 3d
Certificates of deposit
•♦7s (July 1941 coupon. .4052
5s.........1957 J
Debenture6s...
Exchange
1946
stamped..........1946
7-4s 2d.....--4-.—-
5,000
.
J
Interstate Power
New York Curb
—
Stiunes (Hugo) Corp—
6%
6?
1952 J
♦7s series F
5s
Ltd..*
(stamped)
Conv 6s stamped
coupon)..lOOT^.
♦7s (Aug 1941
3%s....l970
6s......2022
Spalding (A G) 5s
......1989
Standard Gas A Electric—
103
♦6%s series C
1955 J I)
6%s (Dec 11941 COUHL--1955 ....
♦7s series E
F A
Amer <lep rots.—
Wright H trgreaves
106
101% 104%
104%
.
{International PowenSoc—
Wisconsin P & L 7% Pf 10b
Wolverine Portl Cement 10
Woodley Petroleum
Woohvorth (F W) Ltd—
105%
103"
—.
Williams Oil O-Mat
Wolverine Tube 00m
*108% 109%
A
series B
Range
Jacksonville Gas
Since
Jersey Cent P
Jan.
Twin City
1942 / I)
& L 3%s_..,.1965 M. S
(stpd)j.
Rapid Tr 5%s
1
{♦iJIen A Co—
Kansas Elec Power
American Gas & Electric
Kansas Pow & Lt
Co—
United Electric N J 4s......1949
3%ss f debs..
3%8 8 f tlebs
6%s... —..... 1974
5%S4.4.1959
United Lt & Rys (Del) 5%»-1952
Debenture
1st lien & cans
1970
..:
Long Island
107'%.108%
Louldlana Pow & Lt 5s
6s series
,
1950
Metropolitan
1.000
1947
Edison 4s E —1971
—
1,000
1st ref 5s scries B.....
1.000
Deb
8,000
4%s__1967
7,000
Milwaukee Gas Light
Assoc.T <fc T deb 5%s A.... 1955
Atlanta Gas Light 4%s
1955
1978
1955
Minnesota PAL 4%s._
3%s...-.1964
1st A ref. 5s...
Avery & Sons (B. F)—
Virginia Pub Herv 5%s A
12,000
1965
Middle States Petrol. 6%s—.1945
Midland Valley RR. 5s
1943
48series G—-.—..-4..v.
.....1968
1977
s
f 6s.............
Waldorf-Astoria Hotel—
♦5sIncome debs
Mississippi P & L 5S. -...-.1957
.....1947
warrants.
,1947
\ 5s with warrants
1944
2022
1948
6s'stamped--..
Mengel Co conv 4%s4
♦Conv deb 4%'S—— '.....1949
Atlantic City Elec
.
—
:1
McCord Radiator & Mfg—
.
♦Conv deh 5s....j..L
lieu A gen 4%a 4:4
Deb 6s scries A....4
4%a—^....1953
,r„? Debenture 5s
r ♦Conv deb 5%s
A-44'444-4'41973
Utah Power A Light Co—
.' .1st
{Associated Gas A Elec Co—
♦Conv deh 4%s..r;„.,..J.-1948
L 5s without
United Light A Railways (Me)—
6s series Ai—444-4. 441952
*105% 103 ^
102%; 101%
3%s,1966
Llghtlug.6si..,.1945
...1957
Lake Superior DistPow
deb 6s..2016
Amer Writing Paper 6s. „ .41961
Appalachian Elec Pow 3%s..l970
Appalachian Pow deb 6s
2024
Arkansas Pr A Lt 5s,
..1956
,
1975
Debenture 6s.
v
Amer Power <fe Light
Associated Elec
United Light A Power Co—
3%s—
1950
1960
2%s s f debs
stamped..-41950
Conv 6s 4th
3%sj.
Kansas Gas A Elec 6s 4
.....
Wash Ry A Elec 4s..
Mississippi River Pow-lst 5s.1951
Missouri Public Service 5s...I960
Wash Water Power 3%s..
West Peun Electric 5s....
West Pcun Traction 5s....
Western Newspaper
Baldwin Locomotive
Nassau <fe Suffolk Ltg 5s...
Convertible 6s P
;w
National Pow A Lt 5s B...
Bell Teleimone of Canada—
1st M 5i series B....L...
{♦Nat Pub Service 5s ctfs.
5s aeries: C
.1
Union-
y 8s unstamped.
.....
6s starn ped.......i....
Works
Nebraska Power 4%s
....4...-'
6s series A....-.!
Bethldhem Btecl 6s.
{♦York Rys Co Ssstpd
Nevada-California Elec 5s..
Birmingham Electric 4%s
Boston E lison 2 %s
New Amsterdam Gas 5).^.
New Eag Gas A El A«n
Ht imped 5s.:.......
5s
Broad River Power o.s
Conv deb 5 s
New England Pow
Foreign Governments & Municipalities
3%s.._..1961
1918
1954
New Eag Pow Assn 5s
5s..1953
1942
3%s.--1964
Elec 5s.
1948
1951
Canada Northern Power
Canadian Pacific Ry 6s
Central 111 El & Gas,
Central States
5%s
i.
.....
84
84%
83% 88%
1103% 101
Debenture
5%s
New Orleans Public Her vice—.
8%
N Y State E & G
6%
7%
N Y & Westchester Ltg 4s_.2004
1103% 111
'
,1927
1952
.....1955
6s series B.4„-
Price
Conv Jeo 5i..
♦20 year
Bogota (see Mtge
♦Cauca Valley
Lnd Public Service—
..April 1946
Jail 1947
Bank of)
7s...........1948
14,000
107%
...1969
7s...
♦20-year 7s.
*104% 105
59
59
Danish 5 %s....—.
Debe itnre Si.
•
Debjntnre 5s.
-
High
Agricultural Mtge Bk (Col)—
102
102:
—1956
%s... 1947
Cnnt'l Util 5%s........ 1948
5%s8eries A...
1st 3%s series A
of Prices
84
*82
Nor B.nston Ltg Prop 3
Northern
Cities Service 5s
H'seA's Range
Low
105% 105%
1951
North American Light A Power—
Nor
Last
Sale
BONDS
5%s..jl953
{.♦Gnleago Rya 5s ctfs.
Cinci inatl Ht Ry 5%s A
*
.
102% 103
3%S.:_...1964
Debenture 5s
Central States P & L
Friday
;
♦income 6sseries A...Nov 1949
8
-Ext
.
1965
.......
5siCi.v.,'_j.'..^'..'rii-1953
Danzig Port A Waterways—
♦External 6s stamped.;*..:. 1952
.
Cities Service P&L5%s
—
Ogden Gas 1st 5S—'....—.^.1945
Corninu dty P & L
6s...
Connecticut Lt A Pr 7s A...
Onln Power 1st
mtge-3%s.._1968
3s.......1971
107% 107%
Ohio P lblic Service 4s......1962
107% 10.3%
Consol Gas Ei Lt & Pr (Bait)
Okla Nat Gas
.f
107%-107%
107% 107%
—:
-5%s
1st mtge
3%»series N
.
^
Okla Pow & Water 5s...
♦Maranho
104%: 101%
3%s B...Aug 1955
♦MeJeliin
n
Continental Gas & El 5s.....
Cuban Tnbacco 5i
Pacific Ltg A Pow 5s-
.....;
Pacific P
...:
>w
100
& Light 5s
17,000
100
*99%
Penn Ccut L <t'P 4%s.
1st 5s
5s series H.
Eastern Gas & Fuel 4s
-...
101%
_
105%
.*
Pean Pub Service 6s C.
Electric P-ower& Light 5s
3 000
-
•
105
104% 104%
105% 105%
101% 104%
Penna Water <fc Pow
3%s..-.1964 J
.1...1970 J
Phiki Elec Power 5%s.
1972 F
Phlli Ripid Tra isit 6s
1962IA/
3%s
...
Portland Gas A Coke Co—-
- -
Barfk 6s-5s statu oed
.
"
J
A
8
1950 J
J
J
.'.4.
105% 105%
107
44.
.....
-
-444 ;.>.4 ,
—
1019
-1921
4J„■.-,I.-. 1949
3,000
115
115
*
«
No
par
value,
a
Deferred delivery sale. •
Under tlie-rule sale.-r Cash
sale.,
;
107-9%
,
103% 105%
* Frldav's bid and asked price; no
♦
Bonds
{ Reported in receivership.
Abbrecirtlons
Used
^
4
•
4
;
e
Odd-lot sale.. '
T
sales being transacted during current
*-/i-:V
being traded flat.
rfEx Interest.
r.FxX-dlvidend.
-
•.v..
.
week.
-.
".v
/
Ab/)rr~"coA," .certlflcatos or
deposit; "cons " consolidated;
.
1961
Florida Power Co 4s ser C...1066
Florida Pow A Lt 5s
53 stamped extended
/>
|
♦5s 8tampedc..i.........1940 J
Federal Water Service 5%s..l051
•
*6%8 4
♦Santiago 7s.
-
Empire District El 6s...;,
Finland Residential Mtge
♦Russian Government 6%s..
10 000
16 000
2,000
Elmira Water Lt A RR 5s.
Erie Lighting 6j.„
1.000
.
105 V 105
5sseries D.
7s....;.'.—1958
♦Rio de Janeiro 6 %a.>./'4;v. 1059
♦Parana (State)
36 000
105
4.._-
Penn Electric 4s F...
'28*v
102% -104%
28r-'
Park Lexlngtnn 3s.-_
.....1931
.1972
Mtge Bank of Denmark 5s.
*109% 1034
.
■
Cudahy Packing 3%b
1927."...;'.;—
Mtge Bank of Chile 6s
:
4%s.
May 1027.;.'....i.-i
♦Issue of
Issue of Oct
Consolidated Gas (Bait City)
Gen mtge
7s.... 1947
Mtge Bank of Bogota
*103% 105 '
1948
1st ref mtge 3s ser P.
1st ref mtge 2%s ser Q..._
■
"
6%sstpd.l958
7s...4-V--1958
7s stamped.;V--i .1951
♦Lima City (Peru)
1951
Potomac Edison 6s E44
4%sseries F...........
Potrero Sugar 7s stpd....
Piwer
Cnro (Cm) 4%s B
"earn," cum native; "conv."
convertible; ."Mmortgage; "11
*'y t c,"-Voting trust certificates; "w
without warrants.
1," when issued;."w
*
v," nop voting stock
w," wlt.i warrants; "x w,'
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
Number*4047
727
OTHER STOCK EXCHANGES
h'rtday
f'eb.
7
to
Feb,
13,
both
inclusive,
Exchange
Par
v t o..........
^
iiW
^
'on
Cl'orn (V mni
for
Ht'h
Pance Since Jan.
ImO
4
w
-
ICO
75c
75c
I
CbryfJe.'Corp
-
5%
25%
T' Y 567
49
;/9.
110% 111
]
-
-rr —
Jv
25%
Feb
63%'
-
JftC
14
31
110%
10%
Jv
11%
2.50
F'eb
2.50
F'eb
9%
Jft'
115
Feb
.D-
immon
Fl .elity A Gu'.r FireCprp 10
Fl »a 'ce Co of Am A cm.5
9%
6%
Preferred
N Alone,1 Marl
B
e
k..30
>,
V
100
...........
:• s
72
-
49
18 V.
18%
18%
(>6%
5
96%
Oabgs Mills Distillery.. 1
70c
Philllns
Pack!
.8%%
45
Ja
18%
Ja'
19
96%
40C
10
Ja
40'
...
5'2.
.
Trust Inc.. .100
92
24%
:
F'eb
105
795
92
Ja'
70%
Fel
A 5s flat -
Jai
25%
;
5»2
;
v
700
7.000
58.
2 000
72
2.000
50
.1075
; 58
..
100.
--V. V
-
71%
f
......
Inter t;.te Bond Co 5°'
--
88.
Ja'
.
18$
18%
13%
13%
202
11%
i- 7. -. -
11%
100
1
4,2
,•
51
Feb
Jan
7
Feb,
to
13, both
inclusive, .compiled
from
harp
j/c pom
F'eb
Week's Range
for
of Prices
Low
Hhh
Shares
Low
Amer Tel A Tel
.100
referred...
j
er.l
t illette
lists
7%
250
6%
•KM;
Feb
Ja
1
125%
us
mu
100
100
100
32
ja-
35
Jan
24%
33%
50
21%
33%
Feb
34%
J*
Fet
26%
Feb
3%
350
3%
Jan
27%
700
2%
2%
20;
2%
31%
25
31%
3%
29%
2%.
37%
J.,
Jan
10
Boston A Albany......IOC
45%
400
10
Feb
10%
Feb
Airway Elec oref
934
25 %
28%
Jan
100
34%
29%
40%
35%
Jan
Feb
20
2%
Jan
34%
x\2n
8%
11%
Hlbb SnehC Bart lett com
25
29%
Houdaille-Hersb ;y cl B..
Illinois Cent ltd com..100
"7%
7
*
Feb
Indianapolis PAL com..*
Jan
Indiana ^.teel Prod com..]
3%
Jan
Inland Stpel Co cap-.-.--"
#71%
14%
11%
385
Jan
2%
100
7%
417
2%
Feb
5%
Jan
8%
Jan
.*
'511
4%
5%
33c
200
Ja
3%
10c
235
35c
16
Jan
20
4
%% prioi pref
He
7%
-
Jan
32%
Jan
L
80%
18%
3%
01
135
81%
Jan
91
Feb
llJa OilKefgCo Cap
.*
12
Jan
19
Feb
I'iquld Carbonic com.-.-*
13%
ivcoin
~
3%
19
3%
23
IpPh way Bale.iesilA—*
: P efe red—vi—
u <i m B
;..*
1%
Jau
3%
20
1%
05
10c
4 %
3%
Mass IJtil Associates vtc. 1
2%
13
305
Linotype..*
Assn..l
26c
224
34
,33
4%
F'eb
M>o UeCorpcoin...—.5
7.6
J Ml
\lerch
Mlc«t loe,ry s Fobfl
J'N
AcM Irs Sto A com. l
Mldla
JUIl
Mlcliand-Ltil 7 % pr lien
Feb
35
Feb
Jan
Jan
Jau
5
Jan
08
Jan
101%
,
Jan
Jan
7 y0
Mllier
7,444
34c
Jan
5')c
Feb
;
35c
35c
60
20c
Jan
50c
Jan
16%
: 22%
18%
50
14%
Jan
18 '
Jan
19
Jan
24%
Jan
80c
Jan
1%
10
Jan
Pennsylvania rr.—, 50
Qulncy Mining Co.25
Jan
N Ho mist
Jan
N Y Central Rltcap
22
"~8%
Heece But Hole Mach Co.*
Miawmut Assii T C......*
0%
.*
24 %
United Pruit Co....
*
oo%
United Shoe Mach Corp.25
200
8 %
I'M)
10
;K 0%
4 %
Torrlngton Co (The).....*
U. ljnTvl t Drill Co....5
1,567
1
8%
-
24
I
53 %
Y 8%
Jan
4%
24%
Feb
4%
32
53
57
43
42
841
04%
413
3%
Vermont A Mass Ry Co 100
*
Jin
Om;
,68
014:
105
F'eb
7%
Jau
ibuip Corp
7
to
Feb.
13,
both
inclusive,
$2,000
compiled
Class B
38
Jan
IFecfc's Range
Sale
Stocks-
Par
Price
Abbott Laboratories com.*
47%
Ad-mrs (J D) Mfg com...*
9%
2%
'Advarced Alum Cstgs.—5
.Aetna Bill Bearing com..]
of Prices
\
High
46%
-
:"•
9%
2%
,
■2%
AllhHt •halmers Mfg Co...*
9%
27%
An eFlcan Pnl> '"crv orrflOO
82%
;'Amer Rad A Stand com..*
Auaer Tel A Tel Co cap. 100
-
j
125%. 128%
A; bestes M fx Co com..— 1
'A;soci"te8 Invest Co cnm.*
,23
AUey Trims Wheel C;ip^..4 y'y
iAvlutlon Corp (Del)..,..3
g Co com .,*
...
.
jD-stlan Blefsi
Belden Mfg Co com^..k,10
Bendlx
Aviation
Bervbr ft Brew i
4
i->•
3%
13%
6
6
Bethlehem Steel Corn enm*
g
.
14%
21%
J
7%
1%
,
10
l%r
uHi
F'eb
Interlake Steamship..—
39%
F'eb
Jan
89
8%
Jan
Mlelu?a Portl Cetrent...
i
95%
Jan
%
Feb
N
4%
Jau
Feb
10%
Ji
13%
Feb
15%
Jan
cNYCe
655
11%
Feb
Feb
12%
26
Jan
Jan
14
Jd>l
26%
Fib
F'eb
570 conv preferred...30
4
0
10
2%
100
34
950
3%
5%
250
100
■.:•■
,Ca«tle (A M) A Co com .710
«"j yy
Jan
Cent, 111 Pub ,«erv S6 pref *
08 ■:
50c
20
415
20
850
4%
:
Frefernd
39
*
$7 prior lien pref. ...,..*
y
yy,'
„«».
Cent SfatM Fow A Lt pf.*
Chain Belt Co
com.;...
.*
98
6%
16%
For footnotes see page 729.
6%
Jan
Uproi-WJton..-
19%
Jan
8
Feb
Van Dora Iro 1 Works
Feb
Vlohek
Jan
%
%
Toe I
131
7%
Ja
39 % v Ja'
53
18%
26!
Jan
J«n
40
Ja 1
5
Jft
4
.
19%
Jo
Feb
19
Feb
75
16%
Ja-
291.
1%
Ja:
1%
1
%
Ja-
2%
Feb
IF
1,02!
25
37%
Jax
%
Ja*
%
9%
Jar
Jan
39 %
IOC
9%
38
30
50
10%
16% <717%
6
J
n
Feb
Feb
Jan
6
Ja*
Feb
;yJ«i;
9%
Jan
10
10%
Feb
27
Fet
29%
Jai
8%
50
37
•27
27%
«2%
•
6?8
a2%
30
a51 % a52
Wil iberger Dr g Stores—*
F'eb
F'eb
103%
Ja-
7%
50
*
common.
102%
«27% a28%
1
Jao
•
5%
5
Ja
Jar
5
501
4%
Ja
Jvh
10!i
5%
7%
8
1001
7%
Feb
10%
9%
5%
Y-9
5%
%
7
5
—-*
320
Feb
Jan
Jan
36
j
Jan
3/
,
Feb
25%
Jan
28%
Jan
21
Jan
22
Feb
Jan
D 5
3%
Jan
jan
27%
10
Jan
Feb
23%
Jan
Jau
5%
Jail
...
9%
365
21%
4%
9%
600
1()0
9%'
Feb
9%
5o
9%
'Feb
100
8%
21
4%
Watling, Lerciien & Co.
Ja
Jan
J
10%
Members
New York Stock
Jau
10
Jai
4%
50
4%
.15
280
Jar
6%
Detroit
Jan
Jan
3%
14
15%
New York
Exchange
Curb Associate
Chicago Stock Exchange
Stock Exchange
Feb
1
1%
1,000
50J
66
••
Jan
%
60
1%
Jtt.Y
Jan
24
131
43
Jan
47
Jan
20
21
Jan
22
Feb
35
•7%
Feb
;
—, —
,
.
Co
2%
i
17
SivyerSteel Castings com *
SplegePlnc common..^7.2
Feb
•28%
Jan
Feb
4 Y
Jan
Jaw
1%
V
Feb
15
1
Feb
39%-
Jan
Jp
6%
Jir
Jan
a%
2%
:y'
cooiniou.. 7:'v;-tC, - f.cj
Preferred..
-3,20
Standard OH of lad cap.26
Standard Oil of N J cap.2$
Stewart WarnopOorpcom 5
Studr&aker Corp com.^1
20
4%
15
Jan
146%
Jan
3%
Feb
In
2%
500
i%
50
7
3
.77
■5%
19%
12%
16%
64
*
Jan
8%
Jan
57%
Jan
15%
4
4%
Jan
6
Feb
40
28%
Feb
29%
200
14%
Jan
15%
Jan
Feb
330
3%
Jan
4%
935
5
200
3%
Feb
5
-
■
-
4
50
-
11%
50
23%
24%
1,152
45
cap;.*
Western Union Tel
Jan
.
Westnghs El A Mfg cym_50
18
Jan
Jan
Fet)
'
70
•
-
%
-
-
r
49
Jan
Federal M tr Truck
25
Jan
20%
Jan
24%. Jan
23%
Jan
Wis^jhsln Banksharescmn*'
Jan
4%
F'eb
37%
130
35%
Jan
36
byi
Jl*''
4<K)
6
...
Jan
Jan
Jan
H
64%
F'eb
74%
10%
Jan
43%
Jan
11 %
47%
15%
40
15%
Feb
17%
Jan
Hudson
1,000
50%
115%
F'eb
55%
Jan
Feb
18%
24%
425
1%
17%
Jan
168
23%
75%
75%
150
75%
;
163
1,100
;2%
com..l
Jail
Ki lgstou Products
1 %
J an
Jan
Feb
26%
Jan
Feb
81%
Jan
Lakey F'dry A M«.ch com 1
LaSrtle Wi es com —
2
Feb
43
Jan
TVrlgley (Wmjr) Co
cap
.*
95
!
Jan
100
Feb
Yates-Amer
cap..5
4%
16%
Jan
7%
Feb
i
Yellow Tr A Coach cl B.
Feb
18%
Jan
fcffilth Radio C^rne.nm
91
100
.91
Jan
Jan
2%
4%
3%
300
-1%
Jan
2%
Feb
300
4%
Feb
5
Jan
300
2%
Jan
4
Jan
53%. 55%
240
53%
Feb
4%
3%
3%
3%
150
cl2%
12%
125
9%
9%
450
-
§2%
Jan
3%
Jail
Jau
12%
F'eb
13%
Jan
9%
Jan
10
Jan
3
3%
Feb
3%
16%
560
15%
1%
400
7%
353
1%
6%
J
1-
Jan
Ju,
Jan
V)
Jan
1%
7%
F'eb
Jan
Jan
1 Y«
F'eb
3n
15 F
650
3%
Jan
3%
Jan
100
15%
47
1%
18
1%
15%
47
J
Fee
15
J
f
5,440
78c
Jan
1%
2.30!)
17%
Jan
18%
n
J M
Feb
Ja
1
100
1%
F'eb
100
15%
F'eb
15%
Feb
F'eb
2
Jan
2
100
1%
Jan
2%
3%
4%
200
3%
Jan
4%
vA
2
550
Feb
2
Feb
3%
225
1%
3%
Jan
F'eb
1%
400
1%
Ja
3%
1%
32%
32%
362
2%
400
.
30%
Jan
2%
Jan
F'eb
Jan
Jan
33%
2%
Jan
99«
F'eb
•
92c
3,600
80e
71c.
80c
1,300
3%:
3%
3%
3%
3%
350
3%
58c
53c
87c
87c
70c
Jan
60c
Jan
3%
Feb
105
3%
65c
10,300
30c
1%
200
.
SOc
Feb
4
Jan
Jan
3%
F'eb
Jan
65c
F'eb
1%
Feb
Ja
1%
1%
50c
50c
100
50c
Feb
60c
Jan
"in
2%
2%
1(0
2%
Feb
2%
Feb
1%
200
1.200
1%
Jar
1%
Jan
1%
Jan
1%
1,100
1,400
•20c
Jan
23c
Jan
1
%
Jan
Feb
1,500
75c
Jan
"1%
1%
•
Kinsel Drug com1
v.
90%.
2%.
•
2%
Motor Car com.*
18%
.
Feb
100
2%
•:
32%
.5
119%
Jan
9c
3 %
1%
Hurd Lock A Mfg com...1
11 Lamp ommon——
l'et
3%
1
Graham-Paige cominon.-l
Grand Valley Brew'coin.. 1
52
XV
l'eb
5c
2
~i
Goebel Brewing com
95:
65%
7%
300
1 %
Ys-
3%
1
10
General Motors com
Jan
9
46%
2
"com.. *
Jjvu
High
7%
20
15%
com—5
Eureka Vacuum common.5
Feb
39
-
LOW
330
400
17%
1%
Detr it Steel Corp
;
1%
i
Masco Screw Prod com—1
i %
1%
1%
1
22c
22c
22c
1%
1%
1%
1%
8
8
5K)
6%
Jan
8
Jan
5%
5%
300 A
5
•
Jan
Feb
1
1
500
!)0C
Jan
5%
1%
10%
Jan
McClanahau Oil com
Woodall Indust eommon.2
Mach
"Jan
4
Jan
Jan
6
Y:
1%
9')c
18'
FYankenmuth Brew com.. 1
Gar Wood lud com
3
Jan
Range pince Jan. 1
Y
for
U'eeA:
Shares
3%
15%
Detroit Edison coin..—100
Detroit-Midi «tovecom..l
Jan
.
lists
1%
Continental Motors com.]
Cd » i ehtm Dr ig e.omJk
Det A Clev Nav com ..,.10
Jan
! .91
Williams Oil-O-Mat com.*
7%
47
1%
1
17%
701
5%
7y •
Cum prior pref—
1%
com....-.5
Consumers fiteel com
23%
17%
100
J IU
Chrysler Corp
23%
7.1.
Feb
13%
42%
B
59%
52%
115% U6%
1%
1%
17%
Ja
Jan
16
1
rroughs Add M.chi e.*
300
64%
"1%
Wleboldt Stores Inc—
Jail
3%
;
—
— .
1,690
625
Cl5%
7%7cum preferred... 100
Feb
Jan
Jan
sales
7%
oe
Brown McLaren com
24%
i21%
:51%
Walgreen Co common..;.*
Feb
,
11%
27 Y?
6%
com—.5
A uto City B -e w com. ——1
Baldwin Rubber com——1
B-'iggS Mfg com.
—-*
U%
65
Utah Radio Prod com.... 1
20 %
2
Jau
Feb
5%:.,;: 5ys
Jan
Jan
Jan
1%
11%
23-%37%
of Prices
High
Atlas Drop Forge
210
f36%
Jan
com
Week's Range
General Finance com
Jt»
3%.
6%
Jan
Jnh
official
compiled from
Low
Par
Stocks-
24
Oocom.._720
inclusive,
both
462
M%
11%
Jan
13,
5%
4%
18%
5%
10%
.
Feb.
40
f3:)
'
.r
Jan Y
*16
20
-fl%
Jan
Feb
I 11%
Jan
36
.20
Jan
10
19
7
t iii. ik
•23%
Ja
■7%
F'eb
16%
51
U S Rubber Op com7..-10
U 8 Steel common.'.';;...*
•
t.
100
28%
to
Jv
150
•
7
Sales
Jau
J
Feb.
F'eb
Jan
1%
2%
142
777
Jan
350
9%
7
3%
Texaa Corp 0ftpltaI_.'..-2£
Tnompson (J H) com.
£.•&
oypsum
Feb
Feb
Jan
,
>
Unioit Car'o A-Carb
Jan
2%
2%
17%
Jan
r;
Jan
3
26%
Ja
80
3
12
67
2
,53%
C3H
.22%
Feb
70
;
SwlftTjiteroational cap.. 15
'■':7v
'
'r r
14
Jan
!
"17%
Jan
57%
28% j 28%
7^4%
Jan
•Feb
270
7
coin 5
15%
21%
8^,
.51
Sundatirand Mach T'l
Feb
c8%
170
:
Swift A Co capital—; .35
'
168
<•16%
?
Detroit Stock Exchange
Jan
5.50
9
200
;
5
pref.36
8%
3
%r |
Serrick Corp cl B com
SignodB Steel Strap
Jan
26
68%
146% 146%
KM)
cap-.
7%
65
RadioOorp of Amer coin.*
Raytheon Mfg 6% pref-.5
Sears Roe b uck A
7%
2%
21
c24%
2%
Quaker Oats Co common.*
Standard Dredge—
23,
DETROIT
,
F-eb
22
Jan
Jan
Ford Building
Feb
66
46%
Jan
110
x
Feb
Feb
f
5)
27
*
14
14
23%
Jan
200
100
US Steel
Jan
25
10%
Y • >50
r ,140
40
Jau
Feb
11%
27%
Ja-
8
2f
a5%
a
25
Ja
200
25
45%
18
*
Feb
3C
a7%
.*
—
Jan
c
2%
8%
10<%
—
Feb
10%
75
38
26%
5(
«5%
Republic Steel comir oi.*
Richman Bros;.
....—*
3%
4%
45
13%
5|p
321
1G
5
9
10%
%
9%
U S
50
68
11%
a9
"s%
.v
Fielberling Rubber—..
Jan
Uulted Air Lines Tr cap^TS
933
*16
Jan
S
Jan
15
a7%
Ohio Oil common......*
Otis TteeL——
Standard Oil of Ohio
Feb
Feb
6%
66%
8
50
a9
tralRReom...*
Ja
8/2
15?: Jan
18
V
2%
38
%
Jan
Jan
4
22%
13%
20%
4I6
2k
*
3%
22
F'eb
,
•
5
1%
1%
al6% al7
Prior preferred 6%
Jan
4%
4%
Jan
Jan
3%
*•£
%%
19
.
log rew...*
J
F'eb
Feb
13
;
1L
timal Reli
Jan
,j./
%
Feb
20%
-T5%
y-i
3%
•i 18%
c.
3 %
—
Reliaue Electric'.;
5%
19%
...3%
6%
Camnbf 11W A C Fdy cap.*
4%
Packer Cora
%
100
14
600
-
Jar
19%
18%
NKional Tile.
45
19
National Acme
Feb
100
59%
200
-
—
Brick.
g
Feb
44%
4%
133%
Jan
-•5%
1(M)
v;«f.
11%
a26
a26%
a8%
<j8%
19
Ja
J-eger Machl-e
Lai son A Sessions
%
700
,1%
\K>%
12%
122
21
com
6%
38%
3%
6%
250
:';v
372
,
11%
—
H
-
%
350
■V•-
Jan
Jan
103% 103%
«26% a26k
<16%
39%
30%
22%
36%
650
T
110%
32%
Jan
Jan
50
66
Ja*
2%
3%.: Jan Y.* 4%
550
t
Jai;
Jari
Telephone: Randolph 5530
i
1%
Standard Brands lnc com.*
2%
13%
11%
32%
150
22%
12
com...l
Cent. H W Util com
300
61%
J4
v
21%
.^5
Butler Brothers..,^..... 10
•
•
Jan
••■■■
Com m o u............. 1
CI 'es A nief7::l:..
Burd Piston Ri
fix
co<>%
14
Bliss A Lauglilln Ino com.5
Bruce Co (E L) com
33%
110%
26%
5
32%
13%
J&n
Penn RR cai>ltal...;;—5(
Jv
JP
■27%
^
1.450
14"
Feb
; 30%
Y%82%
Feb
20
200
...
-
Jau
Jan
Feb
'
■Borg Warner Corp com 7.5
Tir-ich A "o'fi (E J) cap:'.'.*
\
3%
14%
.13%
'•,;
12%'
100
35% | Y 300
2%
,
yi 3%-:
2<-0
3%
74%
541
48
72%
11%
518
Feb
26
.
550
Jan
tHs Jan
Jan
125%
510
Jr
J«
4%
626
23
2%
32% -32%
Corp. 7.1
Brown Fence A Wire—
-
'<32%
•
14
com....5
v
23
•
-
Jan
Feb
37
150
cl4
r
7.x-..
, 5(k
Repuhllc Steel'Corp com.*
High
49%
"•
9%
Jan
.
79
253
-
c26
26% v.
3% ;*
?■>, 3%
v.;' % Y.v% Y
.Atcli Top A S Fe com..100
«
10
4%
"YY'.
Feb
"7-2 %
350
m
150
27%
28%
*
9%
2%
«13% «13%
al2% al2%
Industrial Rayon com.
9%
•9%
Schwjt^er-Cummius cap. -1
46%
100
11
Ja*
Feb
e1 %
Interlake Iron
4%
9%
4%
Coimnon..
Low
250
82 K
ci%
Armour A Co. common..5
lists
Range Since Jan. 1
514)
;
Ja-
Jar.
8%
21
Pure Oil Co (The)"com...*
sales
Week
.
8%
2%
71%
500
Jar.
4%
c8%
—.26
Prebsedfe'teol Carcom. — .l
PrrKets-Corp (The) com. p
Pullman Inc capital—.-.''
official
Shares
48%
9%
l
11
Anaconda Cop Mln cap 50
from
for
Low
Jan
18
Jai
Jar
PeopleaG 1. A Coke eap 106
Feb
42%
Sales
Last
Feb
8%
Feb
18
11 %
c
3%
50
25
-*
«oro77r.7-'77-7#i
J--100
Preferred....
Friday
Jan
19
Ja'
8%
28
30
aid
g
15
200
'
■
^
Chicago Stock Exchange
Feb.
20
16
X-
1
High
Low
.
?6
perfeet Cirele (The) Co.77*
42%
Shares
?8%
8%
.10
com
com-
6 % preferred
39%
Range Since Jan.
for
Week
High
35
4
Parammirt Plct-Inc Qom.l
Peabody Coal—
Feb
Bonds—
Biwtoh A Maine-4-W8 1070
lists
Jan
101 %
sales
'
Jan
"
7%
iodi-"rd
Feb
0
official
75
c
Jan
50
h.
NorthwestAirli, esl» c corn'
46C
from
175
FY I)
Feb
11
6%
Nuau-Binh tohte com. .2 k
43%
compiled
37%
Fib
5%
11
%
Cy'Hnder Gas torn...1
Gookercom 2
Jan
57%
Ja.,
<0%
Feb
38%
11
cl%
Jan
Jan
Jaa
37
1
Ja
5
cap
72%
Jan
Ja,,
43%
40H
1
25%
Nasti-KClvlnator
34
Feb
26%
»
9%
37
J"
20c
34
Ja"
H
51%
5uO
22
F'eb
41%
Jan
Jan
Feu
9%
4%
G relf B ri s Cooper, .ge
Jail
ill
11
Noblltt-Sparks lud cap—5
.52
Ge eral Elec com....—*
Ja
1 M)
28%
North Amer Car com
5
1
;
Fa 'l less Rubber....—-..*
J*
■
850
76%
21
Jan
2(H)
v
33c
38c
105
,105
:
30
40%
63
13
Goodyear Tire A Rubber.*
A—*
lie Bns preferred
.100
H vina (M A) $5 cum pref *
Feb
26%
Jan
6%
12
Ja"
Feb
Jan
74
11
37
60%
.
Feb
Jan
Jan
21
*
28
697
10%
9%
1%
20
F'eb
Jan
55
Montg Ward & Co com..*
Feb
400
26%
Jan
J.n
;
3%
Jan
2%
60
Muskegon Mot Spec cl A
Natl
Feb
4
16%
14%
70%
435
12%
prior preferred.--.10
Mo irceUhemlc lCop^ef-f
33
4%
00%
10
Jan
Goodrclh (B F)
96
3%
5>1
Jan
"i#
F'i b'
8%
210
i 24 %
,32
6% cum pref....
25
Utah Metal A. Tunnel Co. I
Jan
ht
30
379
:
8
General T A R Co——25
8
50
3 %
i
3%
N ,il Profile
*
9
12
JR."
Feb
21
A Hart In;—
;;
51c
%
3%
preferred A.....100
735
100
8%
c
22
3%
3%
3%
d Un Co conv pf A *
100
6% prt r lied. ... - —460
G "/o preferred A.....100
Feb
Feb
26%
3%
100
«30% a30%
Jan
40
i; 3%
Prcon 1
4%
29c
an
3%
.
"0%
31
13
—1
—.
Jan
11
c21%
Middle West Covp cap.. .5
205
N Y NH AHartfRR. .100
North Butte..........2.5G
1 Finance.;.
Jan
1,150
Jan
4%
:
Coloki
10%
4%
11
27%
4%
75
Cliffs Corp common.—„.5
30
9%
11%
31%
L) Co com. 1
90%
% t
%
5"c
50c
08%
■
F'eb
Feb
Jan
4%
Martin (Glenn
Feb
Jan
33%
,71%
c
.*
Marshall Fdeldcom
29%
45
(zlO'l
Jan
9y&
"'"4%
McCoru Ra<l & Mlg fl A..*
15c
'
Nnrragunsett Rue
New Engl Tel A Tel...100
29
200
Jan
2%
13%
Jan
3%
7
K)c
Feb
13
115
24c
24c
4%
F'eb
4
Jan
1%
20
.
4%
om
i
31%
Feb
71 3
V
9%
12%
71%
"si""
.....100
Jan
%
%
1%
Feb
2(0
2
T
:
100
Cleveland Ry
Cleve Elec 111 34.50 pref—*
5%
82
80
82
.5
3%
JA
10c
3"'
1
6
i en
27%
Cleve Cliffs Tron nref
eb
3%
24%
Jan
10c
l.amson Corp (Del) com..5
>V al dorf System......
Jan
22%
8
3%
Eoow'k Ti eatrcs (Bust).. 25
Stone A Webster.,
4%
30
3%
1%
30%
30%
oh Co..15
Pacific Mills Co.....
.tat
1,280
23
3%
Old Colony RR
2%
5%
5
23
75
210
—
Feb
.793
1,001
1,243
16
*
Jau
Jan
Feb
8%
1 M)
13%
preferred....—-100
ulle F7\t U
F'eb
•
*
Metro Pavi
50
Feb
•
Jan
16..
8%
8%
al8% <718%
alO% alO%
2%
2%
•.;..*
Cleve BullJers Realty
tucky Utilities—
Jan
29%
89%
City Ice A Fuel
6%
Jan
150
44
6%
?o%
9%
1 %
Low
-,
55
8
10
v
Jan
JftU
of Prices
Price
.100
—
540
6%
3S%
3%
25
Mbby McN A Libby
com
120
7%
H
47
lfHl
3%
Jan
4(i%
%
30%
Emp! Group Assoc T c...*
\
37s
6%
38%
3%
7%
'
Hogg Switchboard com .*
K<
Jan
300
80
47
'Gillette Safety Razor Co.*
Mergenthaler
6%
,33%
.
Jan
8%
Jr."
Week's Range
Sale
13%
Jan
DO
29%
.....100
Adjustment.... ....100
Eastern 8,4 com....
Maine Central
.7
1
JarvLs (W B) Co cap.
.
Sales
Last
Par
Stocks—
Jan
3
Ja
8
Feb
■6
Jan
Jan
10%
1
%
1
100
I Preferred B
Int But Hole M
%
Joslyn Mfg A Supply com i:
K tz Drug Co com..,..7.3
—
1st preferred-...
■i
200
1,650
100
6% preferred.
Eastern Mass St Ry
3%
6%
11%
1
'
5% YJan
5Cc
48%
$7 pref.;.'.*
»>6 preferred7,...a7
Jan
Jan
Eastern Can A Fuel Assoc—
15%
rnternat Harvester com..*
I .terstate Pow
....10
150
210
7%
29%
9%
7%
16%
3%
72%
50%
8%
88%
Chopper Range...
East Boston Co
600
9%
29
Jan
20
85
12%
7%
Jan
.>an
Jar
Feb
'
Jan
Jan
Jan
'
:.
9%
7
is
10%
inclusive,
Apex Elec Mfg..
—*
Brewi lg Corp of Amer.-..3
2,051
Feb
Feb
Jan
Jan
18
both
26%
34%
35%
2%
3%
6%
12%
Jan
7
13,
^10%
75%
18
Feb.
to
J„)
22 %
42%
100
7
Jan
Fib
562
100
Feb.
8%
2,879
Prior preferred
.
4%
87 54
Boston A J rovileiue.
Feb
Jan
Eaton Mfg—
1%
77'
Cleveland Stock Exchange
Jan
Jan
Ja
6%
103
13
J4
Ja
24%
2
Feb
Jan
45
14%
:"7...y
■-
14%
26%
32
*
5
44%
Bi.iety Rpzcr com
134%
A Maine—
Ji»"
100
"0%
32%
Jan
Jan
7%
HO
29%
47%
28%
1%
-10
Roll Bearing.
3%
41%
8454
stamped... 100
27
TlmVen
7%
23%
44%
i
50
High
24 'i
47%
14%
Jp.r
9%
*
150
2%
3%
12%
Feb
6%
10%
10%
.
2G0
24
Common
:
—
7%
225
.
P'rldat
132
32%
3%
.
200
85
Bosto
28%-
3%
45^
7,45
Boston Herald-TraveKr.. *
,
11%
r25%
;
Jan
97
<6%
28%
7%
25
;
A 5%
*
6
Boston Elevated...... 100
Boston Edison
26%
7%
110
26%
Jan
;
27%
Tio
5
7
'
Jan
J*!
10
9%.
26%
12
26%
3%
*
.
Jft"
116
5%
71
YT
Jan
86
'
18%
:.i6
.;
—
.
Jan
21%
3%
Jan
16
18
16
eral Motors
Jan
F'eb
11%
26%
8
*
Columbia Gas
Ce
.7%
18
City Ice A F'uel.
Feb
40
7
Too
.....
Unlisted— :
Amer Roll! g Mill.
Feb
30
22%
"•
C'a- dy cl A 77.r .75
122%
00
2%
35
22
7%
*
—
pref....
P & O
Jan
7%
7%
*
U B Pltylig Card-—U B Printing—
Feb
34
i
100
2,227
1%
9
6%
--L1
7
*4
High
Jar
2%
83 Y Jft"
1.040.
7%
74%
,
19
.
(31
85
.84 •
7%
74
■
*
lists
5
Feb
4%
2
7%
74
10
K'Oger—....
16%' Jan
'
85
..50
3%
10
GoodyearTireA Rub com*
Gossard Co (H W) com. _*
Great f.akes l)r A Dk coin*
o
....100
Jan
2%
Helleman Brewing cap...!
Blge'dw-I? an ford Oarj ft1
Jan
104%
6%
General Outdoor A dv com *
Hume Since Jan.
li%
Jan
6%
2%
1*31 %
! 6
General Foods common;7*
Week
Sale
Price
Feb
%
i 27%
Cea Amer Trahsp com.V-5
Sales
Last
Par
96
Jan
Feb
Feb
Goldblatt Bros Indeom..
Stocks-
11
40
Ji.n
35*
3
■
;...
Gibson Art...
H v fir 1.1 Part
14
21%
Low
25
*
Crfslev Corp.
E -^Je-Picher
Jan
19%
15%
7%
Y
Common .7.'.... .7-7,.
,
sales
Fel
Fob
140
13%
:>
-—1
-...
.
Gen Motors Corp com..10
official
18%,
12%
400
Fuller Mfg Co com..-.-71
Exchange
Frlda g
Feb
4%
■xf&x.'
-wv
-.50
sales
Range Since Jan. 1
19%
"ii-H
1100
official
Shares
4%
x' ' V*
Cjooiinatt Telenho e.
Cld Un Ptock Yards—
Jan
High
■
tawdry Mach. .*20
ClioimaM street.
for
Week
of Frices
LOW
price
*
Churngcld.;..
Cli Gas A Elec prof—
J V"
5
i
General Electric Co com..*
Feb.
12%
1%
Jan
83%
27%
C e
Boston Stock
Feb
Par
;
Industries.
ium
Amer
Jan
J*
1%
4%
Al iml
Jan
6%
Jan
,23%
1%
f
11%
Forr Whtel Drive Auto.
F'eb
:
;
Jan
Jft
■
Fit/ tr imons A Con DAD
Jan
'
5%
'
Jan
200
.2%
"V4
F'eb
72
Jan
1
16%
.
Fairbanks-Morse com... .*
100
21%
37
Stocks-^*
from
tales
Sale
F'eb
F'eb
.3%
Exchange
compiled
Week's Range
Last
Feb
9%
Fib
c7%
.
Elgin NatWatch Co..7.15
60.
Ja-
100
5f.
100
7:15%
G'orp;6
Ever
51%
Ja*
.68;
000
"•
"■
1.1%
lot)
.77100
- -
Elec Household Utll
.
90
Jai
To
12%
'
Dodge Mtg Corp c»,m.;. ..*
Krsfe'ra Alrli: es J
Feb
'
5% 1945
.
•88%
51%
88%
--
..25
Pi e.erifi
Ja**
70 % ' Fel)
22
10
I 'M
Bait Tr.v sit Co -is fU H)7.r>
Georgia Sou A El
12%
--
-
Deere A Co common....;.*
•IiS
All vuticCoast 1 i e Conr—
Certificates of indebt b"/<
'«'
20
-
50%
inclusive,
Friday
F'eb
-49%
>
Jau
2%
130
5%
Jan
Jan
33
Jau
35
50
Dixie-Vortex Co class A.*
70%
25%
.
-70%
,
jj S Fidelity & C>uir. .^..2
Jan
8%
45
10
Dayton Rtibbejr Mfg com I
Decker (All) A Coh iCprr lO
F'eb
45
5,600
1%
Jan
71c
Ja'
21%. 21%
5%
on
..r
...30
7% oumui iref...... 100
Cunningham Drug Fts.2%
Curtlss-Wright Corp com .1
F'eb
49
48
1,150
100
1%
Jan
50
Common.
Jan
Ja-
'
7,900
45
F'eb
94%
8
21 %
o,c
13, both
to Feb,
7
Feb.
Jan
Cudahy Pacl ing—
Co—
g
preferred.....1C0
He, 1 Estate
<
76
48
300
7lc
65c
.
;■
Jan
Feb
72
3
35
10%
Jan
29
150
4%
"Crane Co con mon...
J) H|
Feb
6%
22%
155
Conamo.... ..7.....: 7i. ..*
Ja*i
Jai
100
;
1%
Continental' teel—
■
100
New Amsterdam C wui-UyS
Pe Tia Water & Power com*
19%
,r.
9
4%
J*n
■
F'eb
6%
2.0%
2
Northern Central R.V...50
6%.
Jan
31
Feb
.
0%
:
200
72
49
-■
28
"4
21%
49
,
.••
6%
j 21%
21%
73
■"
.
—
15%
Jv
•
50%
35
,
'
Y),.
9%
Georgia Southern A II >ritii
;
21 nrefeced. i....'..l00
Houston Oil pref.—
.100
Mt Vern-Woodb Mill; —
150
50
Vot tr ot fs part pf sbs.50
Container Ci rp of Amer—
Common.....
t c........ I
v
33
2%
,i
7
r
t sh-v tc A.50
Common t
Cincinnati Stock
High
Jan
9%
Consumers t o~-
Feb
10
2,900
9
.
20
2.50
114
50
Consolhlated Biscuit cora.1
Consolidate'' Oil Corp
•
Feb ;
Low
50
,46%. 47%
Com'wenlth Edison com.25
Jv
ICO
11
2.50
13%
-
11
30
nr-V
b
gMill com.5
Ja"
5%
25%
45%
167
50%
f5e
Jp.'
9%
33
com... 10
J?»
Range Since Jan. 1
1%
Coleman i amn & f-t corp.*
50c
for
Week
Shares
9%
f
common
4
5
'•:•;■■
Jan
17%
Krs'ero Sugars A-soc'-C
1%
High
'
Chicago Flex Shaft com..5
Chicago "Yel Cab cap....*
High
X;
Jv
IfU
15
4%
25%
:
V-
16%
16%
v-~
100
AH% pref B.......400
;
9%
Cities Sort Ice Co
Co wl Gas. I'T L A Power. ''
Devi
Cherry Burrell Corp corn-7>
■Week
I hares
i
Braver Else'bora J* c cm 1
Ea "torn Rolil
lists
Low
Price
Convertible preferred..*
Low
Price
Am >d*l Corn.r.. .—»
H It Transit Go com v t c.*
1st pref
sales
tales
Week's Range
of Prices
Sale
Stocks-
| Stocks CContinued) s'pdr.
compiled fronv official
Friday
Week's Range
of Prices
f-'ale
Chicago Corp common...]
last
Sales
Last
Baltimore Slock
Die Casting.... 1
Michigan Sugar com
1
Preferred, .i—— 10
Micromatic Hone coin
1
M icti igan
—
Mid-We-it Abras com..50c
Mu r.-y C'rp com.... — 10
Packard Motor Car com
*
5
Motor Wneel com
..
1%
10%
DO
5
5%
4C0
5
Ja.11
2 Mi
2%
401
2
Jan
10%
10%
1
12
5%
2%
Jan
Jan
Jan
JvUl
J111
Jan
728
•
,
:
THE COMMERCIAL & FINANCIAL
|I>|;
Week's Range
Last
Sale
Stoeks
(Continued)
of Prices
High
Price
Par
Low
Last
for
(The)
1
Sale
10
Aircraft Accessories.
U S Fteel Corp
,*
Anglo Calif Natl Bank..20
Assoc Ins Fund Inc
-.10
Westingiiouse El & Mfg.50
Atlas Imn. Die«el
1
Wolveriie Bre *1 gcom.,1
inclusive,
both
13,
Feb.
to
7
Feb.
compiled
Last
Week's Range
I
Price
Stocks
Feb.
to
inclusive,
both
13,
compiled
from
official
sales
Last
Sale
Price
Stocks-
Sales
•
Week's Range
Week
Range Since Jan. 1
B
rker
Shares
Low.'.'.High
Shares
Bris54% pref..50
5
Dl Giorgio
_.*
5
Consolidated Oil Corp — *
Consolidated Steel Corp..*
,D •ernbecher Mfg Co....*
Electric
Phila Elec Co
Products Corp. .4
Emporium Capwell com..*
..50
Preferred (ww)
*
t C.....1
Firemen,'s Fund Indem.. 10
Fireman's Fund Ins Co.25
Food Machine Corp com 10
Gen Motors Corp com..10
Golden State Co Ltd._...»
50
Penrsylvai la RR
—-.100
Preferred..
Navigation *
Pennrond Corp v
Fruit Corp—
Common-10
Nat'l Power & Light
Chrysler Corp
44% pref 100
pref...25
*
Phila Elec Power
*
Phila Insulated Wire
*
Greyhound Corp com
Bhilco Corp......
Co
Douglas Aircraft
3
Hale Bros Stores
Corp.4
Oil Co A com..... 1
Electrical Products
Exeter
Scott
100
10
Gladding McBean & Co..*
Goodyear Tire & Ruhr Co *
Hancock Oil Co A com...*
Holly Deve'opment Co... 1
Holly Oil Co
1
tional Bank
Hawaiian Pine Co
*
Paper
United Corp
Preferred..
...»
pref
Preferred...
— —
LeToun eau R G Inc.
Allegheny Ludlum Steel..*
Auto Finance common
1
Co. JOe
Corp.-l
Angeles Investmt Co 10
Pacific Clay Products cap *
Feb.
7
inclusive,
both
13,
Feb.
to
compiled
MfgCo....
1
- bio Oil Mln & Dev 1
Menasco
Last
Price
Stocks
1
Pacific Finance Corp com 10
Preferred A
..10
Pacific Gas & Elec com..25
5% preferred
-.25
official
sales
lists
of Prices
High
Low
for
Week
Shares
1c Oil Co
B1
Safeways
blic
Signal Oil
Preferred..
Aircraft Co
1
Stores .....*
Edison Co Ltd--25
6% preferred B. . —,.25
54
preferred C
25
So Calif Gas Co 6% pref A 25
Southern Pacific Co
*
Standard Oil Co of Calif.-*
S iperi r Oil Co (The)-.25
Ta>l r Mill! g Corp
*
Transamerica Corp
2
Forgii.gs.--.-l
.
Mfg.50
So Cal Oas Co
Feb.
both
13,
Feb.
to
7
Unlisted Stocks—
anl Corp*
100
A naconda Co pper M ia Co 50
Atchison TopekaA Fauta
& 1 td t
100
Burkart Mfg com
of Prices
Low
High
Emerson
Bendix
Huf smanii-JLigo.
Chesapeake & Ohio RR.25
Cons Edison Co of N Y..*
Curtlss-Wright Corp
.1
ier com.. *
Dornlnguez Oil Co
*
Electric Bond & Share Co.5
pref 100
General
International Shoe com..*
Montgomery Ward & Co.*
.
North American Co com 10
.
Copper..5c
-
.
1 aekard Motor Co com... *
St
Pennsylvania RR Co...50
Radio Corp of America..*
So Calif Edison Ltd com 25
Bank Bldg Equip
..*
Louis Pub Serv A com.l
.
Standard Brands Inc.....*
.
Studebaker
._.*
Scullin Steel com
25
Corp com...l
United Aircraft Corp cap.5
Warrants.,..
*
United Ccrp if Del. —.*
Sterling Alutn
U S Petroleum Co._.....l
Wagner
com—1
Electric com
15
United States Steel com..*
Securities Inv com..
Utah-Idaho Sugar Co com 5
Warner Bros Pictures..
Public Service—
1st mortgage 5s
1959
—
Last
Stocks
Sales
Friday
Last
Sale
Price
Week's
Range
of Prices
Low
High
for
official
sales
lists
(Continued)
l^omaFteel
....*
Amalgamated Electric...*
A
*
Dathrrst Pow & Paper A.*
100
Price
Low
High
Shares
A.
Stocks (Continued)
Par
for
of Prices
Week
Price
....
....
....
Bulolo
Canadian Cottons pref. 100
Canada Cement Co.—
Can North Power Corp
Canada Steamship.
Cndn Industrial Alcohol..*
ClassB.*
Cndn Car <fc Foundry..
Preferred...
Cndn Foreign Investment *
:
1 rcfurod...........100
—. .
5% preferred
Canadian Bronze.—..
Sales
Week's Range
Sale
British Col Pow Corp A
Building Products cl
.
Last
Rights.....
.„.—*
Canadian Converters-.100
„
For footnotes see page 729,
.
Friday
Range Since Jan, 1
Week
Canadian Celanese...._.*
Preferred..........
A lberta Pacific Grain cl A. *
for
of Prices
Brazilian TL&P—.
Week
Shares
Par
Week's Range
Sale
from
.
.
Listed and Unlisted
Sales
Friday
compiled
—
West Coast 1 ife Insur...5
CANADIAN MARKETS
inclusive,
-
Westates PetrJeum pref.l
St Louis
both
-
.
5
Bonds—
.25
.
25
0% preferred
Scruggs-V-B Inc com....5
1st preferred
.100
*
*
Par,
.
*
Mountain City
Common.
25
13,
.
North American Aviation 1
St Louis
Sto.,e<fc Webster i.ic.....*
Swift & Co
.
.
-
20
National Candy com
Co. 15
Standard Oil Co (N J).
-
Meyer Blauke com
*
Midw Piping & Sply com.*
Mo Portl Cement com..25
Republic ateel Corp
*
Seaboard Oil Co of Del..-*
Sears Roebuck & Co
*
Be'lTelenkone Co.
*
.
-
.
Corp.l
Stand Oil Co of N J
Socony-Vacuum Oil
.
.
com..* MarPe Bancorp ration..*
Matson Navigation Co.MJ&M&MCons.-.-.'.l
America...»
Southern Ry Co
.
Kenn Copper Corp
Kuapp Monarch com
Laclede Steel corn
Pure Oil Co---.-
A ibestos Corp.
Electric Co
Idaho Mary Mines
*
,*
Key Co com.
*
Co...*
Standard Brands Inc
.
100 i
Aviation Corp...5
Jolinson-S-S Slice com...*
Pennsylvania RR Co—50
Stocks
•
Blair & Co Inc capital... 1
Fidstaff Brewi.ig com....1
Aviation Inc. 1
Co — --*
Feb.
•
•
Tel Co
Mln..50
Argonaut Mining Co
5
Atch Top A Santa Fe_.100
Aviation Corp of Del
3
Electric com—4
Hydr Pressed Brick
Central RR Co..—*
to
Amer Tel &
Bunker Hill & Sullivan.2H
North American
7
Unlisted—
Amer Rad & Std Sanitary *
Shares
Cocar-Cola Bottling com.. 1
Montg Ward & Co Inc...*
Mou .tai i City Copper..5c
Feb.
Yellow Check Cab ser 1.50
for
Week
10
Co
Century Electric
*
Radio Corp of
sales lists
*
*
1
American Inv com
Brown Sh^e com
Corp..*
Packard Motor Car
official
.20
Wells Fargo Bk & Un TrlOO
West Dept Stores 7% pf 25
WJJua Agile Co
Anaconda Copper
Wks v tcl3
Ohio Oil Co.
Week's Range
Price
Stocks-
from
.
Victor Equip Co coin....1
Sales
Sale
5
bendix Aviation Corp.,..6
Bettileliem Heel Corp
*
Borg-Warner Corp.
5
Cauadi *« Pacific Ry Co.25
Caterpillar Tractor Co...*
Cities Service Co
..10
CJutubia Gas & El Corp.*
Couim'l Solvents Corp...*
Comnwlth & Fouthn Corp*
Curtiss-Wrig-t Corp
-1
Class A
.......1
General Electric Co
*
General Foods Corp-.---*
Int'l Nickel Co of Canada *
N Y
2
Union oil Co of Calif...25
Exchange
compiled
Last
Barusdall Oil Co
North Amer
inclusive,
Friday
Tel & Tel Co
I.oew'8 Inc
.
.
Pacific Co
Transamerica Corp
St. Louis Stock
•
Kennecott Copper
*
Southern
Standard Oil Co of Calif..'
StocksBlack Mammoth Consolldated Mining Co
10c
—
pref ser A.25
Eprh.g Valley Co Ltd....*
Unlisted—
Pennroad Corp vtc
Mining
FeRy
.
Ryan Aeronautical C0...1
ttoundvlew Pulp Co com.5
Wcslinghouse Air Brake. .*
California..25
Oil Co of Del.l
Baldwin Locom
1
Rons Bros com...
—
Union Oil of
'1
.
Richfield Oil Corp com... *
Corp..*
1
Westinghouse El &
.
.
Republic Petroleum com.l i
Itheem Manufacturing Co 1
Pittsburgh PI te Glaes.,25
Shamrock Oil & Gas..
.
.
Rayonier Incorp com....)
Pittsburgh Oil & Gas....5
Pitts Screw & Bjlt
*
Preferred.......... 100
--*
;
Pittsburgh
Ainer
.
Whistle preferred..*
R E & R Co Ltd com....*
*
So Calif
Amer Rad
.
100
100
Plg'n
Fontag Drug
Wellington
.
Parafflne Co's com
...
Preferred...
.
......*
Preferred
.*
Pittsburgh Brew lug
Solar
.
.
.
*
1st preferred
com..*
Penn Federal Corp
.
25
Pac Tel & Tel com
*
rp—.15
& Gas Co A-.-.*
.
Pacific Pi b (service com.*
*
Mountain Fuel Supply.. 10
Stores Inc
.
,
Aggregates.5
E Co com
S5dividend...
100
Nat Fireproof Corp com.
.
(}% 1st preferred.....25
54% 1st pref..
25
Pac Light C >rp com
.*
*
Koppcrs Gas & Coke pf.
Lone Star Gas....
ion Oil C
Shell U
Pac G. &
Hiirb Walker Refrac com.*
com...*
Markets..2
Aeronautical Co... i
Ryan
Pacific Coast
*
—
Brewing......5
Electric Prod nets...
Wan-ait*
Roberts P.
Knox Co
Dui.» esne
Ranch Oil Co---—i
Richfield Oil Corp
iw
Columbia Gas & Electric.*
Pacific Lig'.ting Corp com *
Re pel lie Petr leum com.l
Rire
Week's Range
Sale
Corporation Ltd.l
from
Sales
Friday
Mt Di
.
.
Ltd.. ..... 1
Magnip & Co (1) com..,*
March Calcul Machine..5
Meier & Frank Co Inc... 10
Meuasco Mfg Co com
1
National Auio Fibres com 1
Natomas Co
.......*
N Amer Invest com
100
54% preferred
ICO
Occidental Insurance Co 10
O'Connor Moffattcl A A..*
Magnavox Co
Loekl.eed Alr.ralt
Ocea
—
Libby McNeill & Libby..7
1 ockheed Aircraft Corp.
1
Lincoln Petroleum
Nordon
10
1
Leslie Salt Co..
Lane-Wells Co
Los
—
Langendorf Utd Bk prof 50
*
*
United Gas Improv't com
10
ii-.-> 10
Hunt Brothers com.
*
Fun Oil
General Motors Corp com
*
Inc.....*
Ltd...*
Honolulu Oil Corp capital *
Reading RR 2nd pref...50
Salt Dome Oil Corp
1
Merchants Na¬
Farmers &
1
com5
Preferred
preferred
I ehlgh Coal &
Inc—
Common..........
Crown Zell'bach Corp
Motors
101
Holm & Hardart (N Y) com*
Corp—100
1
1
com._l
*
Creameries of Amer
Gerjsril
Ircraft Co.
.*
Cent Eureka Mln Co com
Cons Aircraft Corp
*
Electric Storage Battery 100
Prlc r
.
Commonwealth Edison..25
CoA---*
Chryiler Corp
50c
Preferred
.
20
Calif Packii g Corp com..*
Calif Water Service pief .25
Caterpillar Tractcr Co—
Common
Range Since Jan. I
for
Week
Budd Wheel Co.........*
Diamond Corp—.-2
Broadway Dept Store Inc.*
Central Invest
.
Engine.5
A.80
Cons Cliem Ind A
Budd (E G) Mfg
Blue
Cessna A
lists
...»
100
Curtis Pub Co com
Aircraft Accessories Inc
sales
American Tel & Tel....
for
of Prices
Low
High
official
lists
American Stores
Friday1
V
of Prices
Sale
7
from
Sales
Friday
Feb.
Week
Shares
Byron Jackson Co
Calamba Sugar com
Walker & Co B...
Warner Aircraft com
of Prices
High
Low.
50c
Bank of California N
*
Universal Cooler B.„
for
Alaska-Juneau Gold M in 10
5
Warner Bros Pictures Inc.
com—:...l
1
nref.._...50
Tlvoli Brewing
from
Canadian Pacific Ry
115
16
....
....
3
_..25
5
Con Mining & Smelting..5
Crown Cork & Feal Co... *
38
_
23
official sales
lists
Sales
Week's Range
Price
Stocks-
U fl Rubber Co,..
Smplicity Pattern com__l
Udylite com.
*
Exchange
compiled
Friday
5
United Aircraft Corp
Standard Tube B com_..l
U R Its/M 'tor
inclusive,
both
13,
Feb.
to
Last
Corp
common...2
fg^ommon
7
Feb.
Oil Co 10
River Ralson Paper com.. *
Fbcller"
San Francisco Stock
Week
Share
Union Carbide & Carbon
Prudential Invest com.-.l
Rlckel (H W)
Low
for
25
Tide Water Assoc
Texas Corp
Peninsular Mtl Prod com.l
of Prices
High
.
Price
Stocks
*
Parke. Davis com
Week's Range
Sale
Week
[
Sales
Friday
Shares
Tuesday, February 17, 1942
OTHER STOCK EXCHANGES
Sales
Friday
&
CHRONICLE
Low
>
High
Shares
Range Since Jan. 1
4
CANADIAN MARKETS
for
of Price*
Low
High
?Par
Stocks—
Price
»■-*
pref.... .25
Dominion Coal
100
113
Dominion Glass
Preferred....
-.
-
Jan
26 V*
Jan
Mines
131
23
Jan
23V*
Jan
Kerr Add
15V*
Jan
Klrkland Lake Gold M.y.l
Dorn Steel A Coal B....26
.*
3H
15
Jan
110
Jan
111
Feb
Malartic Goldfislds
16
150
Jan
150
Jan
7
Jan
O'Brien Gold Mines
3 V*
Dominion Textile.
4
80
30
5 V*
14 V*
UH
14 V*
160
5 J*
215
5
5H
80
80
10
79
5
70
5
15
89
~rifc
M
80 V*
89 V*
2H
2H
89 V*
8 V*
Jan
Int Met
^iscoeGold
..1
Sullivan Consr.l Mines...1
J».n
92 i"
Jan
Wood-Cadillac Mines
Jan
Jan
Home Oil Co Ltd.....i..*
Jan
Homestead Oil A Gas Ltd. 1
11V*
Jan
Royaiite OH Co Ltd......*
12V*
Jan
,
Jan
Int Nickel of Canada....*
1,412
Jan
200
16
Feb
16
Feb
100
65
Feb
65
Feb
325
12
Jan
13 V*
85
90
Jan
16V*
Jan
17V*
■:/
5
88..
H
17H
60
1.80
100
2
Jan
3 V*
3H
240
3 V*'
Feb
4
1,912
*
Feb
265
24
Jan
16
Jan
39
Jan
39 V*
24V*
38
38
National Steel Car Corp.*
33
33
33,
68
33
Jan
34
17V*
110
17
Jan
17V*
47 V*
20
48V*
800
47
52
20
290
20
Feb
22
152
16
152
26
15
15
40
16
Feb
Ottawa L H A 1 ower..l00
5
5
50
4
Jar
80
Jan
80
48
Jan
48
Jan
...100
80
80
...;.*
48
48
5
ower..
60
Jan
70
Feb
11V*
3 V*
Jan
13
Jan
250
24
H
V*
Jan
Jan
Jan
105 V*
Jan
2
1.50
Feb
14
14
195
14
Jan
15V*
Jan
22
100
22
Jan
22
Jan
39 V*
39 V*
13V*
62"
_*
Preferred—....... .25
3H
Jan
1,407
14
Jan
15
13
Feb
13 V*
Jan
10
9
35
62
3 V*
Jan
Feb
16V*
Jan
1.15
Feb
1.05
Feb
1.10
1.00
Jan
Jan
7
55
55
28
55
.25
24 V*
24 V*
45
24V*
Jan
.
Feb
100
leb
60
Feb
7
35
7
68 V*
Jan
Feb
4
1.00
Jan
3V*
230
1.15
7
63
Jan
16
25
1.15
Jan
9V*
Jan
Jan
375
1.00
V*
685*
5
16
16
...1(M)
43
Jan
68V*
3H
68V*
*
Feb
13
62
62
*
39V*
38
8V*
8V*
Stiel Co of Canada
515
13V*
13K
13V*
13 V*
Sol tl.ern Can) over....
WoxdsMfg pref
Zei.ers preferred
Jan
3 V*
Jan
105
Jan
22
S'.»er*lu Williams of Can.*
Preferred.
69
42
3 V*
105
1.50
1.50
Bhawlulgan W & Power.
Winnipeg Electiic A
B;:
11
105
St Lawrence Paper preflOO
United Steel Corp..
Wlislls Ltd......
Jan
12
3
Jan
3 V*
3
10
70
12
Regent Knlttlig.....
*
Saguenay Iov.tr pref..l00
St Lawrence Corp......
A preferred
....50
St Lawrence Flour MH's.. *
Jan
<
230
10
70
70
100
.*
prelerred...
Quebec J
5
•
305
3V*
10
"
Price Bros A Co Ltd
Jan
25
Feb
Montreal
100
188
188
78
187
Jan
188
Jan
Nova Scotia..
100
274
274
17
270
Jan
274
Jan
112
151
Jan
153V*
I
153
153
153
22c
Feb
J M Cons.
2.70
Feb
Kel vi nator............
Jan
4V*C
Feb
Kerr-Addison
18 V*
110
18 V*
Feb
19
Jan
Kirk Hud.......
Jan
A P
5 V*
Feb.
TrTT'T ■"
Week's Range
Last
'-"'Tv
"
•
Sale
!
of Prices
High
Low
Price
Par
Stocks—
'•
T/o cum pref
Aluminium Ltd.
9H
>
7% cum pref...
pref
Commercial Al
5 7« cum
<>.
16
Feb
17H
Jan
18
F'eb
20 V*
Jan
;'V
6?*
F'eb 4
_
Jan
7.V4
10
106 H
Jan
1.25
1.35
1,020
1.15
Jan
28H
28 H
81
28
Jan
31
11H
12
\m
Feb
,
7*
2H
*•
Co.
23
■
1.70
9
2V*
23
75
6H
1.30
3,050
1.12
Feb
1.47
1
4V*c
5c
4V*c
188
188
10,566
3'4c
Jan
Bankfii Id
Bank of Montreal
100
Bank of Toronto
100
245V*
*
7c
Base Metals
—
14V*
100
Jan
14H
6 V*e
9,000
4c
Jan
6.He
5,250
81c
Feb
94C
6H
6?*
6 V*
50
6V*
Feb
6V*
BellTeJephone
Bidgood K....
148 V*
8V*c
16c
20c
500
16o
Feb
39c
Jan
Jan
8H
5
Jan
7 V*
7V*
8
Brewers A Distillers
5
5
5
5
*
100
VL
*
Too
i.
Ltd A. *
*
Maritime
*
B
40
92
92
92
F'eb
tr..»
83 cum i>re)erred
-*
Page-riersey mbes ntd..*
Mtl Refrig A Stcr vot
Power Corp of
5
75o
12
12
16J
5
loJ
10
Feb
100
F'eo
lu3
Jail
77
20
77
Feb
82
6
77
6% cum 1st pref..... 100
oU
6
Jan'
6
5H
Jan
l
Jan
Jan
100
100V*
cum
25 ?
ii
11
Feb
11
5J0
11-
Jan
Feb
IjV*
191
Jutd.l
Eldnrado Gold Mines Ltd. 1
»
Mines*. 1
Joliet-Quebec Mi.ies Ltd.l
"J-M Consol Gold
13c
Jan
16Hc
Jan
Feb
46c
Feb
j an
lc
F'eb
Halcrow-Swazey
5c
3,000
oc
Jan
5c
Ju.i
haliuor.
_
—
17H
F'eb
Hamilton
2.24
Jan
Hamilton Cotton
-Hoc
400
F'eb
30c
1.00
10V*
200
10
Feb
10H
3m
452
38
132
31
100
50c
Jan
50c
15c
Feb
17 ha
3.He
Feb
4
V4C
60
22 H
J oJl
25 H
17H
15
Jan
188
Jan
10
lo
loV*
i>0
F'eb
4
•
Bridge.
_
.
-
—
45o
Jan
7 V*
3,5uU
5H«
Feb
10c
2.00
8,125
1.85
F'eb
2.30
10
F'eo
12
-
4lc
2,2a0
38c
Jan
4 (J He
3.45
yio
3.00
Jan
3.60
18 V*
1,11a
Jan
22
15*o
1,000
1V4C
Jan
2HC
2c
2 !*C
6,500
IHc
Feb
2Hc
555
15
Jan
16V4
2n
15 V*
Jan
30c
Feb
42V*c
5
Jan
6
5H
3*c
4,000
5^
2o
71
71
7/
10
71
10
77
5H
3 ;* C
5H
3V*o
;■
45c
Jan
Hard Rock,".—
3.35
Feb
High wood.
*
4lC
Jau
Hinde&Dauch
74J*
lHc
IHc
5,on0
lc
Feb
Feb
2HC
Hollmger
Home Oil
5
3C
l)*c
3Hc
1HC
Feb
2Ho
4He
9'Hc
400
4Hc
Feb
4.He
9Hc
1,18
9
He
8 He
1.18
Feb
10c
Jan
Feb
1.40
Feb
23 He
Feb
43 H
Jan
45
Jan
10
Feb
10
F'eb
.1
"26c
26c
1,000
2,100
6,800
...*
44 V*
44
44 V*
203
10
10
10
...
*
*
—
*
...
77
25
4H
100
4H
32 H
*
Jan
Feb
4H
Jan
27c
Feb
4H
34 V*
Jan
Jan
Jan
Jan
*
...
17 He
.1
...1
"47V*
*
_*
75c
75c
85c
1
65c
65c
75c
5,865
9,650
---*
32c
32c
32c
200
32c
6c
6Hc
1,863
5V*c
Ja1
6V*c
6V*c
3!-*c
8c
26.500
Feb
3V*c
3,500
6V*C
2Hc
Jan
3?*c
99
99
99
99
Jan
103 H
*
Pacalta Oils
5
Jan
Jan
i,
*
*
75c
75c
S3e
4,712
75c
Feb
85c
Jan
.....
1
14c
14c
15c
16,900
14c
Feb
16c
F'eb
Perron
100
1120
1.20
1.2t
1,700
Pickle-Crow
1
2.15
2.15
2.27
2.15
2.35
Jan
1
1.75
1.70
1.89
3,095
1,675
Feb
—
1.70
Feb
2.20
Jan
Powell-Rouyn....... 1
Power Corp
58 He
58 He
63c
4,900
60c
Feb
75C
Jan
3 V*
3H
65
3
Jan
4H
Jan
1
52c
52 c
56c
2,600
50c
Jan
57c
Jan
.1
2.55
2.55
2.96
26.375
2.55
Feb
3.20
Jan
*
•zOc
20c
500
20c
Feb
20c
F'eb
1
28c
32c
2,967
27 HO
Jan
39c
Jan
12c
Feb
Page-Hersey
Pamour...
Paymaster.
Feb
6
Jan
100
Feb
2,000
3Hc
Feb
3Hc
Jan
Jau
1C
lc
ouO
lc
Feb
lc
16c
2,900
12V*c
Jan
20c
Jan
4 V* c
5c
7,000
4Hc
jan
5V*c
Feb
3C
3c
2,500
2Hc
Feb
3HC
jan
85
44H
Feb
60
jan
46
V*
44>*
46 V*
4>*C
4
11
47 V*
25
Ho
187
lOV*c 10'/*c
2/g
3
■
2
2
95
46H
F'eb
49}-*
Jan
4Vi«
Jan
4 He
Jau
11
Feb
11
Feb
Jan
1,500
10c
Feb
13c
520
2H
Feb
3H
Jan
500
2C
Feb
3C
Jan
2.25
2.55
.76/
Feb
400
3H
Jan
3
35 V*
0
35H
F'eb
Jan
300
3V*
35/4
35
Tv
225
V*
Pioneer
Premier..
Preston East Dome
Pros Air
_.1.
.....
r
Queenston—
17c 17 V*
17o
.1
Reno Gold
1
Jan
17Hc
Jan
155
Jan
18
18 V*
95
18
Feb
19 V*
Jan
--..10
15H
15V*
45
15H
Fob
15 J*
Feb
..1
Ruxstll Ind....
3He
3He
1,000
3c
Jan
4c
50
Feb
"is"
*
Royaiite Oil .sr..—.
St Anthony
1.76
1.50
1.50
....1
100
150
150
St Lawre nee Corp
San Antonio
5,055
1
2.05
17c
Jan
1
11c
11c
13c
5,700
10c
13H
13H
13 V*
15
13H
l-'el)
78c
78c
85c
12,219
78c
Feb
5.60
Feb
Senator Rouyn
81
76 H
100
:
6
75
T
6.00
Jan
6 V*
Jan
Jan
Feb
49c
Jan
33c
Jan
46c
4,400
43c
23c
Slave Lake
23c
25c
2,200
23c
Feb
3c
4c
42,000
3c
Feb
3c
500
1
South End Petroleum
Jan
89H
43c
Sladen-Malartic
*
Jan
Jan
07C
Jan
"43c
1
SiscoeGold.,.
14
Jan
J an
50
103
6H
6H
6V*
_.
Simpsons preferred
150
5.60
5.60
......
Silver woods preferred
Jan
Jan
200
Feb
150
Shawlnigan Wat A Pow..*
Sherrltt-Gordon.
Sigma
Jan
135
151
8,900
15'2V* 153
Royal Bank of Canada. 100
Feb
120
7c-
Jan
Preferred...
—.25
"
1
1.50
Sudbury Basin
2 He
1
1
Sud COiitact...
Sullivan Consol
55c
1.60
.1
Sylvanlte
Tamblyn
Jan
61H
63
45
61H
Jan
63H
Jan
68
68
Feb
70 H
Jau
•
5
He
1.96
Jan
Jan
1.35
1.76
32,700
1.35
Feb
1 He
'500
lc
Jan
1 V*c
Jan
lOHc lOHc
1.50
1.55
500
lOHc
Jan
lOHc
Feb
2,200
1.35
Jan
1.56
Jan
2Hc
500
2Hc
Feb
3c
Jan
56c
2,350
55c
Jan
61c
Jan
1.75
3,490
120
10H
Feb
11H
Jau
90
62 H
Jan
62 %
Feb
2.10
Feb
2HC
'
55c
1.60
sf.n
10H
11
52 V*
1.60
1.98
Feb
2.34
Jan
Jau
2.10
2.20
2,360
*
7H
8H
Jan
1.10
7 H
1.10
Feb
"III
Tip Top Tailors.
Toburn
Towagm&c
*
1,450
1.02
Feb
1.10
Feb
5
4y H
Jan
12c
Feb
1
Teck-Hughes...
Toronto eJev
20
52 H
10H
...50
Preferred
Feb
1 He
i..*
Sturgeon R....-
16 v
"l".40
*
Steep Rock
4
25
68
62 H
Straw Lake
Jan
17
3c
Steel Can.....
...a.
2V*c
16
Stedinan.
50
50
preferred. .50
1
12c
9H
United Steel....—.
3H
Upper Canada.—..
80c
4
4 He
9H
1
1,000
V*c
2,1)00
4c
620
9.H
3H
Feb
50
13c
Jan
F'eb
Jan
5c
Jan
Ja»;
9H
12c
4 He
Union Gas.....
Uehi Geld-.i.
7
25
Jan
10?g
4
V": Jan
Vulcan Oils
...1
835
1.03
35,800
Sac
Feb
800
3.30
Feb
1.24
i 3.70
Jan
3.50
lOHc lOHc
...1
3H
85c
3.35
Ventures........—
Vermilata—
1.00O
5Hc
Jau
lie
Feb
lrc
0011
17c
Feb
2zc
Jan
3H
1/c
Jan
Waite-Amulet
*
4.45
870
4.40
Jan
4.80
Jan
Walkers
*
43 V*
44
225
43H
Jail
Jan
19 H
20
565
19>*
Feb
50 H
21
100
100
13s
100
Feb
100
Fefc)
18
19
25
18
Feb
22
Jau
43^*
*
Preferred
*
W Can Fl.
IS
...100
P.eferred
4.45
7 V*
Jan
Jan
7H
35
7 V*
Feb
2.50
2.60
3,445
2 50
Feb
2.90
Jan
3HC
3Hc
500
3e
Jaa
3V*c
Feb
99
7 V*
2.50
WLiripeg Electric pref. 100
Wright-H argreaves
*
*
Ymlr Yankee
99
Jani
99 V*
Jan
7H
Bonds-/-1
War Loan 2d.
Jan
55c
Jan
20c
Jan
47V*c
Feb
1,900
15H®
Feb
10 V*
170
10 H
F'eb
8.15
8.15
9.40
2,500
8.15
Feb .10.50
jan
1T.40
2.35
2.68
10,080
2.35
Feb
2.70
F'tb
1,886
15 He 15V*c
Toronto Stock
teb.
7
to
Feb.
13,
Exchange-Curb Section
inclusive,
both
c
12
sate
*
Canadian Bud B ew.
IlVeft's Range
of Prices
Hljh
Lew
1.06
....0
7/8
Jan
Jan
1.10
Jan
1,79
2 V*
Feb
2V*
Jan
2 V*
Jan
3
Jan
i8c
Feb
24c
7uc
Feb
S5c
Coir Press A.......
4
2V*
2H
2V4
18c
18c
21c
6.900
70c
70c
7 It
300
<
How
•
■
»
Smith...
*
Mandy
V*
11
2* He
F'eb
Feb
1.00
60
2
F'ooihills.
7
5
4 (.0
V
*
Feb
1.10
Consol Paper.
Dalhousie
High
Low
5
310
7
1.00
Range Since Jan. 1
for
Week
shares
5
7
1
...
official sales lists
saies
5
5
*
Canadian Vinegars..
Coast Copper
Price
from
compiled
rlaay
Last
Par
Stocks—
99
S2.40C
20
5
11
700
24c 24 He
•
r
Feb
11
11
Jan
Jan
Feb
19c
Jan
24,He
Feb
21 H
22
21H
Feb
23 H
Jan
±%e,
2He
1,010
IHc
J..n
cC
Feb
*Hc
5Hc
1,560
4C
Jan
6c
Jan
6>X)
1.40
1.75
Jan
Montreal Power
*
Oil Selections
*
Osisko Lake
1
5Hc
Pend Oreille.
1
1 AO
1.40
1.55
•
01
1
Feb'
Jan
lO^*1
47Hc 47He
15V*c
1.27
23 He
Jail
Jan
15c
*
lc
1,500
He
r-.
Feb
73 H
5H
.
3 V*
Jan
He
10c
Feb
ic
4V*C
Jau
Jan
1
4
Jan
...
Jan
1 V*c
4 He
Jan
3uc
30c
pref...30
^1
1.04
1
Feb
155*
16H
17
2.25
Feb
1
1
Feb
16V*
'A
85c
3,700
Jan
l%e
"io"v*c
87c
85c
Jan
10 H
165*
TIi
Jan
Feb
85c
Ontario Nickel
Jan
40C
IV* c
40
95
45>*
210
Feb
Jan
3v*c
Jan
Jar.
Feb
89
15
H
6Vtc
Jan
2c5
10
;
16V*
Jan
4H
Jan
16H
4lC
Feb
1
Jan
7
3.40
40c
3H
Omega...
leb
7c
10
3.25
140
3 V*
3H
Jan
Jan
Feo
75*
5V*c
Tlo
,.^i
12H
38 b
Jan
■J-4
Feb
Feb
Jan
:7r?:;
Jan
Jan
10?*
*
OkaltaOils
Jan
19
F'eb
•••
3H
385
10
Jan
Jan
191
56 H
Jan
11
IV*
52 H
90c
Jau
9/3
8
16 V*
191
Jan
Jan
10 V*
1,123
1H
52 H
IV*
Feb
Jan
15H
Feb
2H
65c
Jan
23
2V*c
4 V*
11
O'Brien Gold
Jan
3 Ho
2,000
2,000
Jan
Jan
Feb
16c
Feb
Feb
4
277
4
Jan
2c
785
2 He
'
4
4
89c
Jan
50c
15c
1
2c
2 He
*
Feb
Jan
33
Jan
Feb
75c
Jan
21H
5H
190
Normetal
Jan
39
Jau
30
31
,
Jan
Feb
Jan
Jan
Feb
4H
He
Feb
19
23
5
5
3 He
F'eb
Feb
1.85
1.8
ion
25c
126
Jan
4
Jan
1.00
4
500
Jan
rr'BT
30
11
F'eb
Jan
Jan
38
Jan
2.22
Feb
Jan
86
51V4C
Feb
Feb
Jan
580
7,600
1)V*
Feb
1.40
4 c
Jan
1.50
Feb
7
.50
F'eb
2Hc
12c
Feb
27c
1
1.88
7,400
F'eb
4
5V*o
2
.
9c
1.00
131
36c
40,975
3Hc
F'eb
99c
■
42c
1.80
500
Jan
3H
Jan
Rubber. *
15H
3c
6
10V*o
Jan
1.00
5V*
Gypsum
V*c
■
;
189
1
Gunnar
46c
l,ouJ
,
99c
Jau
3H
00
36c
1.40
20
new
Jan
36c
1.40
1,000
Jan
F'eb
3w
-
1.30
6H
31c
-
F'eb
17 H
3.3o
mV 2.
98c
62
3.35
»
1.05
5ou
29H«
-•
•
FLleonbridge Nickel M.;r* ."V-r'Gold Mi nes. ,.* 29 He
.Em.>coeur
98c
6H
.....1
100
l,Uv)0
lo
15H
1.68
3 He
Jan
18 V*
1
1
*
..
150
1.83
Feb
4 He
Feb
55c
lac
1,100
15V*
1.88
1.40
9,566
5,200
4C
Jan
119H
Jan
65*
1
2.00
15V*
1.72
Jan
175*
L.reei.i..g Wire
East Malartic Mines
F'eb
50c
15V*
^.le.iora
F'eb
1
1.45
119H
15
1
lo H
.,
1.60
3 !*c
Feb
23
General S Wares—
Feb
5c
19
50
*
Id/4
Central Cadillac uola M.l
Dome Mines Ltd.
Jan
400
1.50
38
5% preferred — ....ICO
5/)% prefcrrevt
100
6u
,
1.40
1
F'eb1
V*
3 He
Gati..eau Power.
ld;i
12c
6
50c
IYancoeur
19H
<»6c
1.40
3
Norgt Id
Jan
1,300
31
*
*
Gooayear 'Fire A
t-re.erred
>
1
Nordon Oil..1
Jan
Jan
18
46c
122 H
51c
130
*
1
uolarn uate
10
F'eb
5H
10
19
19
1
B.
Jau
12c
2.85
Jan
F'eb
51c
*
-
Feb
46c
2,319
9
F'eb
40c
122
*
Fanny Farmer
1.05
*
Jan
25
Faiconbridge
50 H
Malartic uola MLies.*
Feb
52
Feb
8H
11
65*
5V*
38
1
Feb
Cartier-Malariio Gold ivl.l
Can
3v*C
1,100
122
131
Great West Saddlery.
Al Jermao Copper Corp...
Feb
10 H
v
F'eb
Mines—
45c
40c
15c
East steel..
4 0X4.
1.05
3Hc
70
9
8 V*
5V*
25c
1.00
1
nu
1.05
2 35
Feb
Jan
50
3 V* c
—
Duquesne
Eastern Malartic
^tU/4
1.05
3Hc
3c
■
-
Utld Eagle.
Jan
T 78o
"5Vi
-
43 a
1.05
2,625
47H
Jan
3V*c
Jan
Jan
2.55
415
Jan
■
-
23 V*
48 H
F'eb
Feb
47 c
God's Lake
1st pref...25
WalKervllle Brewery Ltd.*
W-01'dham A Wortd (II)..*
$1 cun) preferred
*
6H%
1
100
loO
6% cum prererred.-.lGO
Th. lit Stores—
6
14 H
Jan
ll.H
26 V*
Jan
47 H
Jan
24
5
22
60
yyc
Giilits Lake
Soutnern Canada Power—
Feb
60
Jan
Feb
21V*
45
2H
Noranda.
Jan
m
Feb
1.15
23
684
22
Feb
Jan
22
185
1.45
-
♦
30 U
F'eb
Feb
5
51c
5
—
-
Camida—
Pruvinci.,1 Transport Co..*
Jan
2,300
24
21V*
23c
Jan
Jan
7
5 V*
Cons Baks
F'eb
12V*
1.35
1.27
1.15
23
1V*«
F'eb
55
1
Jan
1.00
745
*
Federal Kirkland—
Jan
2.40
144 V*
47C
Fernland
11H
Jan 'T54/{.
3
1,36V
13
Dominion Woo.lens pref.20
Jan
75c
Jan
Jan
Feb
3,600
F'eo
Feb
F'eb
1,000
23,ia7
Feb
75c
49 V*
54c
FordclA
75c
4£
1.40
9c
Dominion Tar
Feb
2oc
49 V*
9V*c
1.23
-
13
Jau
45c
Jan
Jan
40
Jan
F'eb
H
3H
6
25c
22
9Hc
Feb
11H
Feb
31*
5H
luu
21H
8V*c
Jan
Feb
92 V*
31
1
Jan
17
Feb
4,950
Feb
Jan
-
Porcapin e
Jan
340
25c
25c
■-
29 V*
7,100
5,000
90 V*
5
13
13 -a
13
Montrealisl.muPow Co..*
50
5 V*
5H
i
17
Jan
24
1.00
Dominion Foundry
•I
28 H
1
Jan
17
13c
.......
F'elx
:
39c
40c
Jan
lc
Jan
-
n
1.00
Feb
17c
Jan
6H
.
13V*
16
126
Feb
-
16
10
10H
32 H
Jan
119V* 119V*
.100
1
Jan
M
87
V*
11V*
"5 V*
1
—
Jan
Jan
Feb
80
Jai
23
122
Wirebound....*
12
Jan
17
22
19
15H
Jan
F'eb
6
151V* 154
40c
..
102
Jan
3H
McColl-F'rontcuaeOH—
6% cum preiefied-.ilOO
Melciiers Distilleries pf.. 10
Mitchell Robert m Cp i-td *
8V*
*
Canadian Malartic......*
Canadian Oil pref
- „> 100
Canadian Pacific Ry... .25
Canadian Locomotive
65u
8H
2.0J
Jan
8 H
9
500
Jan
3V*c
3V*c
*
Cndn Ind Alcohol cl A
-
5
5
12H
Jan
Jan
3H
Jan
465
8 V*
Jan
31,200
Feb
V*
6V*
9
11V*
16 H
8H
1.80
F'eo
120
852
29
"23 V*
-25
Preferred
Canadian Dredge
1
Distillers Seagrams
*
Dome Mines.
*
Dominion Bank—....100
Domiiiion Coal pref
25
8
30
28 V*
Canadian Car...
i
46
Jau
85
125
6 V*
Denison...
17
prcferreu..--10
122
49V*
Davies Petroleum
18
8c
lc
Jan
Jan
100
19V*
Jam
Pel A Tel—
7% cum
85V*
28
Eldorado
MacLaren Pow A Paj)er..*
85
1.20
Jan
16
130
Jan
15
60
515
-4::''-
50
Jan
20c
Jan
Jan
4H
222
25
85
10
4 V*
V*
9H
Jan
80
v6c
33 V*
Jan
Feb
45
19 H
Jan
330
50
46
Feb
29 V*
leb
3H
1,000
17 He
lc
Jati
8
Jan
1.02
400
1.05
1.02
H
19V*
3V*
1.00
7
28 V*
2v*
25
50
135
9
2o
8
8
19>*
224
8H
6c
3
Nay bob.....
Jan
2V*C
12H
Jim
28 V*
20
2.75
Jan
12
17
100
3H
75c
2?*c
21V*
2*5 V*
1.80
6C
*
New Golden Rose
F'eb
7
Feb
2.40
400
28 V*
10
loH
Jan
140
6 V*
B.
F'eb
75c
5
Jan
61c
F'eb
1.20
10
15
4Sc
1.25
10
8
Lake St John PA P.
F'eb
500
122
Mtge.100
Lines..*
50
Dominion Steel cl B
Hydro-Electric Sees Corp. *
Jan
26
12
85
16 V*
16 H
22
Jan
1 V*c
17
*
*
*
Consolidated Smeltiiig---5
Consumers Gas..
100
Cosmos
*
Crow's Nest Coal
100
Cub Aircraft;.....
*
3H
Eraser Cos voting trust.—
Feb
16
151V*
Co.la.gaS
7H
3H
20
*
Jan
1.80
*.•
,105
56,025
14,600
14,672
2.50
45
50
3/*;
1.80
Jan
8
12
*
*
.
F ord Motor of Can
*
5
Jan
12
12
*
Canada Wire B
Feb
'
Jan
lj*c
.
—
Preferred
8
Jan
pref....
Ltd
Fleet Aircraft Ltd. .
7
4
Permanent
2
3H
7% cum
4Go 52>*c
2.40
Building Products-Builiugton Steel....
Calgary A Edmonton
Jan
1,428
F'a ret)iId Aircralt
25
6
*
Brown Oil..
18
15
20 V*
22
46c
Broulan
F'eb
16
15
20
23
Jan
25
15
A..*
*
Brit Columbia 1 ow cl
British Dominion Oil
Jan
16
1,397
16 V*
16
15V*
British Columbia Packers.*
Feb
Eastern Dairies Ltd-?-;
6H
4 V*
110
British American Oil
30
1,200
8
Feb
F'eb
16c
5
30
*
2
Feb
3
.
2H
Brazil Traction...
50
3
Feb
1
Jan
let)
Jan
Feb
Bonetal
206
2?*
4.15
1
Feb
9C
Cocuenour Will.
2.50
Feb
100
Nat Steel Car..
10c
7H
32 H
CockshuttPlow.—
Commonwealth Petroleum *
lc
3.75
40
Jan
151
Jan
Jan
Jan
7H
3V*
7
F'ei)
l
1
*
Feb
A..*
30
l
Feb
600
1H
50 V*
2H
Nat Grocers common
6c
''
lc
3.80
*
Preferred......
Muir heads..
11,200
Dhfcstervibei
7H
3.75
.*
M oore Cor j)
8?*c
C G Wines.....
30
12
2.35
—
Moneta
8c
Chemical Re ;e„rcn
27
Preferred
25*
30
Jan
lc
Feb
10
Mining Corp
Jan
8J*C
200
25*
F'eb
148
4,300
7 V*
Jan
Jan
9.75
1
McWatters.......
8c
Preferred
Bobjo..
Central Patrieia
7H
Donnacona Paper Co
9c
7V*
Feb
62c
Jan
55c
1,245
92
Jan
Blue Ribbon
Castle Treth..
lc
Don) Oilclot'n A Linoleum *
382
149
148
25c
2sc
3,800
McVittie..
7V*
Feb
'2,000
McLellan....
*
*
50
,
Feb
Feb
4.35
58c
McKenzie-Red Lake
-.1
Biltrnore.
lc
8H
Feb
25
39 H
Feb
Feb
Feb
10.25
92
Jan
13H
He
8 V*
3.55
5,500
55c
40
Feb
86c
lc
92
Feb
4c
81c
Jan
5
Jan
14 V*
*
100
1
Beatty A....
Cariboo..
7H
9V*C
F'eb
7c
29 He
..100
Jan
4c
Jan
6V*
255
81c
Jan
42
Feb
1
*
Exploration
BeattleGold.
245H
Jan
••2.35
»ifi...
Preferred
F'eb
1
Bathurst Power A
Bear
188
3,200
7 V*c
7c
Jan
16
245 V* 251
187
25c
Mclntyre-Torcupine
Jan
5Hc
26
2,500
Jan
.1
McColl
Jan
C mat ion pref.
Consolidated Div Sec A..*
(Voiisol Paper Corp Ltd...*
Jan
1.12
2
10
55c
1.13
8
10
Feb
1
2
r
46c
Aunor.
25 H
10
2,300
29c
25c
1.15
Preferred
Jan
8
Can—*
46c
Feb
9.75
23
New
Jan
....
2 *•.
45c
Jan
13H
10
....*
i
Preferred.
Jnn
9c
J ..IX
1.75
Jan
16 Ho
4 He
23?*
:
Jan
42
8
5
5
*
Jan
Jan
Jan
F'eb
'3
Jan
3
2U
42
42
......
1.75
A2VT
5
12c
Feb
I e Rra 1
1.70
■m +
6,500
3Hc
Jan
!•
13c
36 H
Jan
39c
Massey-Harris....
•
33 V*
12
Jan
764
13,297
....*3
Maple Leaf Milling
Jan
6V*c
Canauiw
12
L.
Feb
1,000
Jan
1.35
85c
27
Jan
5.000
Feb
108
i'-\?
.15
olsLtd.*
Consol Baaerit sof
547
275
50
Feb
7V*c
3V*c
Jan
16 H
HH
*
CateiliFood Froducts
Feb
108H 100H
-V*..
100
Cudn WeatlngLouse
leb
Jan
5H
Jan
4V*
121
5H
2V*
9H
Jan
9H
18H
(i H
6V*
J
*
Ltd—
100
7 % cum pref
2
35
160
9H
•
Canadian VEkers Ltd
99
Jan
16
•O.-
Dook
Feb
Jan
450
85c
22
25
6V*c
,3V*c
Feb
'
18
Preicrred.
Canadian industries
13
109
4H
5H
16
100
Cndn Dredge A
Feb
9H
Canadian Bi en cries Ltd..*
.V::
Jan
13
2
Ltd
*
Can A Dom nUgar Co....*
Canada Vinegars Ltd....*
•
5
105
*
Brit Amer Oil Co
pref
200
'
Brewers A Distsof Vane. .5
6 /0 cum
300
102 H
99
99
Beauharnols Pow Corp....*
-Canada Wire A Cable-1—
70e
7
100
6V*c
3HC
Jan
65c
Jan
85c
24
1
Preferred
'
*
Bathurst Tow A Pap cl B.
60c
Jan
1
High
6
5V4
Jan
7 He
878
12 H
8H
55c
M Leaf G pref.........
Jan
12c
Jan
CiidnBunk of CommercelCO
13
65c
*
-—»100
..100
a % cum pre f
10c
Jan
7c
Arntfield...
Canadian Can A
Abitibf Pow A Paper Co..
r
/
Jan
10V*c
Ashley...,.
Canadian Breweries
Low
6V*c
500
12c
45c
Canada 8 teamship
Range Since Jan. 1
shares
1,100
2,500
24
12c
Canadian Bakeries pref.
fat
Week
7c
7c
115
3.85
Madsen-Red Lake....... 1
Jan
7
Jan
12c
85c
Anglo-Canadian
5H
185
6
7c
24
Aldermac
Can
Sales
Friday
HighC!!
12c
7c
100
C anada Pack ers
compiled from official sales lists
both inclusive,
13,
T; !
6 V*c
6V*c
Grain
Preferred
Canada Bread B.
Koiitreal Curb Market
to
Shares
High
Feb
Jan
6c
McL-Cockshutt
low
112H
lc
25c
Macassa..
Week
of Prices
Low
30
8H
Littie(LL)
Range Since Jan. 1
Feb
V*
"3.75
ClassB
for
92
3.55
Leitch
lists
Feb
85*
...1
-
sales
92
lc
Lapa-Cadiliac.Laurafc e jord
official
from
100
6H
3.55
Kirkl and Lake T; i —'.
Week's Range
Canada Cement
7
Feb
Feb
1
Canada Foundry A.
Feb.
22c
2,35.
compiled
Jan
92'!/
12 H
29c
29c
2c
5V*
.1
Buffalo Canadian.
.100
Jason Mines
1,500
Buffalo Anserite
Banbs-^-
Royal......
Feb
Sales
Price
—--
AJax O A G
A P Cons.........
Jan
10
Par
Abltibi6% preferred... 100
Acme Gas
*
Feb
151
*
3V*
1.03
Malartic G F
Feb
*
Feb
4,000
inclusive,
both
13,
Feb.
to
Stocks-
Jan
Feb
Jan
V*
152
Power Corp of Canada...
1.03
2.65
Sale
Jan
Preferred
300
18
Last
Feb
Tenmans.
1.03
Loblaw Groc cl A
Jan
17H
151
2.55
125*
Friday
Jan
V*
24V*
38
,
7
Feb.
23 V* ' Jan
21V*
24 V*
100
34'*
I nternatlonal T etroleu m.
Toronto Stock Exchange
Jan
V*
Preferred........... 25
Preferred
International Nickel....
Jan
LamaqueG
Jan
10
21V*
Jan
2.68
Lake Shore
Jan
2
21V*
4c
Feb
Jan
1.80
'UH
Feb
2.55
4 J*C
"
18
Jan
Jan
12V*
Mont LH A Tower Cons.*
3V*e
500
99
45
•
Ill H
111H
500
22c
Feb
92
400
22c
7
94
95
100
...
Jan
Fet
30
94
3 V*c
Jan
7
preferred.... -v
—
Jan
112H
335*
345*
*
2.35
2.40
12H
65*—7—
25'*c 25He
6H
6H
—
100
4V*c
*
H5*
115*
-7-
—if
u,..
Int Mill preferred.. ...100
Jan
9 J*
,
36
Ottawa Klectrlc Rwys
3V**
"3 He
1
9
22 V*
20
Jan
14
Jan
--*
2.20
28
Feb
Og'lvle Flour Mills
Jan
Jan
34
V*
2.15
2.2
Jan
21
"47
50
56c
2.25
Feb
70
Niagara Wire Weaving...*
Noranda Mines Ltd..
*
A
8V*
34 V*
•
Jan
11V*
21
National Breweries
60C
26 V*
34
1.80
Feb
56c
1.U3
21
*
1,475
56o
u
Preferred...
*
..25
-.
Jan
Calgary A Edmonton
Dalhousie Oil Co Ltd
11V*
Mc'k l'-F'rontenac Oil
Jan
3lc
Wright-Hargreaves Mines *
20
Mi sey-Harrls old.'..
49c
Jan
Jan
ltV*
17
Feb
30c
Jan
11}*
Lak£ of the Woods.^.,...*
44c
400
3 V*
Bronze....*
88
3,250
Teck Hughes Gold...-...l
12
Internat Power pref... 100
2,700
47c
"'56c
Jan
6
Jan
8 k
44c
44c
:
V*
80
Jan
,
82c
Sladen-MHlartic Mines... 1
72V*
Prpfprrpd
25V*c 25 V*c
Sherritt-Gcrdon Mines. "IT
Jan
10V*
16
85*
InspirationI.. ]
Feb
65
30o
87c
Indrs Accept Corp.-....*
12 V*
Feb
Feb
Jan
65
25Hc
Jan
1,054
.16
600
Feb
Feb
"ii#
Jan
7 H—Jan
2.30
V*
..100
12 H
Imperial Tobacco ord.,._5
*
2.05
9 V*
Paper.... 15
Fet)
Feb
Imperial Oil
Jan
6
} referred—
11?*
6V*
Jan
Feb
70
Inter Pete Co Ltd.......*
Jan
155
830
1,200
1.31
2.23
40
International
9H
Feb
L78
9i<"
34
Jan
1.25
300
C>H
i Preferred.
8H
Imperial Bank
Feb
4
4,360
Feb
200
H
International
Jan
75c
Feb
12
14
Feb
1.28
9 V*
6
204
75c
1.78
Jan
Jan
202
950
2.3C
Jaii
Jan
204
Jan
100
75c
1.78
16
55
100
Feb
1.25
.•■-0
28 H
Jai
20c
53 H
200
2.24
.
Jan
'
26 H
19c
82c
Jan
11
Feb
„
18c
740
.1
1
.
Feb
1,450
27 V*
Pioneer Gold of Brit Col.. 1
—
Feb
5c
18
19c
54
Perron Gold
.
16
35
Jan
26 V*
Pickle-Crow Gold.
.
High
Feb
54
74c
1
Low
2Hc
10,050
18
18c
26 V*
19c
175
8V*
11 %
Hudson Bay
200
2V*
9.25
8V*
HH
£1
J referred....
Jan
19r
8.25
11H
Imperial Oil Ltd. - * •, . i - - *
Imperial Tobacco of Can.5
2.22
19c
19c
520
27
8.25
Feb
Huron A Erie
600
11H
26 V*
1.41
4 He
4c
19c
]
Range Since Jan. 1
High Shares
18
Howey
7.500
Low
Honey Dew
Feb
1.77
575
UH
26 V*
Feb
55c
1.41
595
Hudson Bay Mining.....*
8.25
T.41
1
2.55
3
Gysum Lime A /labas..*
Ho lit ger Gold Mines
£
Howard Smith Paper.
*
3.85
Feb
Jan
Jan
V*
Feb
55c
Jan
Jan
70
40
70
3.60
500
6
Feb
70
70
5% preferred
100
5H% preferred...-.100
General Steel Wares.....*
f Frrferred.
100
Feb
5
Week
45*c
Jan
4V*
Feb
14V*
for
of Prices
Price
Par
82
Jan
43*.
230
AH
Gatlnean
Feb
82
■AH
Dry den Paper. ~. -'I.... *'
Foundation Co of Can... *
Jan
3V*
250
79 V*
Dom Tar & Chemical
6H
800
55
55c
Navbob
1.435
m
6V*
61*
(Continued)
3.85
3.60
3.60
25
150
150
High
Low
(Continued)
20f>
15}*
Shares
Stocks
Homestead.
22 H
113
Week's Range
Week
Price
Par
795
H
15
100
(Continued)
23 V*
23
Dominion Bridge
Sahres
Stocks
High
Low
23 V*
*
22
Distillers Seagrams
of Prices
Lowh
High
Last
Sale
for
Sale
Sates
Friday
1
Range Since Jan.
Week's Range
Week
Sale
Sales
Last
1941
Range for Year
IFeeft'.? Range
Past
■
Listed and Unlisted
--
Friday
Sale*
Friday
729
CHRONICLE
THE COMMERCIAL & FINANCIAL
-Number 4047;-
Volume 155
Jan
b Ex-stock dividend,
c Admitted to unIsted trading privneges.
d Deferred delivery,
e Formerly the National Bond
A Investment Co.
f A liquidating dividend ol $18 a share was paid on the com¬
mon stock of the Nabeo Liquidating Co.
r Canadian market,
s Cash sale—not
♦No par value,
a
Odd lot sales,
jn(.luded in range lor year,
x
Ex-dividend,
y
Ex-rights, a Listed.
11n default.
Tuesday, February 17, -1942
730
r'ff
OVER-THE-COUNTER SECURITIES
Par
Ask
Ask
Bid
6.90
liiStitution.il Securities Ltd
Affiliated Fund
1.98
2.17
AvUtio.i Group sh vres._
11.97
13.12
♦Amerex Holding Corp. 10
12
134
Bnk Group shares.....
70'.
78!
Securities,,.. 1
Inc-.-l^
Aeronautical
6.35
Business Shares...1
Amer
2.42
1.0")
1.16
Amer.. 10
16.21
17.65
luvestm't Co of
10
Surety
8.40
—
4
254
18
Lincoln Fire..
8.31
30.00
22.86
25.07
American of Newark...2
14.50
15.95
American Re-Insurance .10
American
1
7.03
7.81
Series K-l
12.72
13.97
Series K-2
12.20
13.46
Series S-2
Baltimore
2.77
22
10
544
2
64
10.07
11.07
7.53
8.28
Qprlos ^-4
2.57
2.87
Ltd.——-1
10.80
Loom Is Sayles Mut Fund. *
68.63
70.0!)
Camden Fire.—.6
20 4
28.22
28.80
Carolina
...10
254
,10
2.40
3.00
22.72
24.43
8.34
•.
3.18
2.95
3.60
1
15.42
16,58
Mass Investors 2d Fund.l
7.35
7.90
Mutual Invest Fund Inc 10
7.59
common..
Mass Investors Trust
142
3.46
27
7.68
Maryland Fund Inc... 10c
2070
136
6.°8
Inc
29
1.69
(Colo) ser B shares
*
2.62
Accumulative series—1
1.69
(Md) voting shares.,25c
91"
1.03
Firemen's of Newark
v
1
.1
com. .10
2.03
National Investors Corp.l
4.26
4.61
Franklin Fire
2.03
National Security Series—
mod..
ACC mod
Series
♦
Crum & Forster
shares...10
♦7% preferred
100
Cumulative Trust Shares.*
28H
♦Common B
C.
5.49
5.76
6.38
England Fund
'1
6.32
3.85
3.92
8.68
9.55
6.43
7.08
4.00
4.60
B hiding
93
—->
1.02
....
Chemical
J
supplies
4.22
I
Howard-
7.61
5.71
6.29
surancestock.
2.50
234
Northeastern...
5
54
90
91
National.25
Northwestern
119
25
Oaclftc Fire
42 4
5/
36
804
144
16
354
84
94
Republic (Texas) .......10
26
5
264
27 4
Revere (Paul)
214
374
394
Rhode Island
...10
23 4
254
21 4
23 4
Seaboard Fire A Marine. 10
41 4
Seaboard Surety...
tchhiery
6.99
5
39 4
5
84
Globe & Rutgers Fire...15
104
6.17
734
Standard
Great Amer Indemnity... 1
94
114
Stuyv*sant.
3.14
Railroad equipment....
4.99
5.41
No Amer Tr Shares 1953.*
.5
34
Sun Life Assurance—..100
200
365
Travelers...
10
254
26 4
U S
10
804
834
U S Fire
Hartford Steam Boiler.. 10
444
474
U S Guarantee..
10
4
4
Westchester Flie
2.50
10
101.21
101.23
100.11
100.14
Sept. 15, 1944
Mar. 15. 1945
101.7
101,9
101.5
101.7
101.18
101.23
19)4
15
1%
.
101.12
101.14
100.28
101.20
100.34
99.26
<19.28
99.29
99.31.
99.20
t viar. 15, 1946 .
Nat,Defense Nts
100.20
M%
..
104.14
1%
..
99.22
f Sept. 15. 1944
tDee 15 1945
464
81
;78
United States Treasury Bills
354
334
1.64
9.68
Asked
100.26
H%
1%
H%
-
j;.
26 4
444
4
June
„
Mar
244
Fidelity A Guar Co..2
101.14
„
375
264
114
.
101.12
„
2:h)
.....100
104
....
tMar.15. 1943
15, 1943
Sept. 15. 1943
l>C. 15. 1943
44
254
..
June
49 4
5
5.50
No Amer Bond Trust ctfs.
47 4
lo, 1942
Dec.
116
112
Accident—a.. .10
.10
3.47
164
404
15, 1944
2%
1H%
H%
..
Bid
Rale
Maturity
Asked
; Bid
14%
1%
14%
Sept. 15, 1942
6.79
Railroad..
38 4
Springfield Fire A Mar. .25
15
94
694
•('( Maturity
45 4
% ovnt
»
Inti
Int.
Rate
10
84
43 H
10
Security New Haven.... 10
Globe A Republic
Home Fire Security
1014
f>^ n'1V''f ?'''114
Figures atteir 4e3'mil OilQ* r,*llr98i',ll' 03,
4
3
•
7.42
Metals
2 4
64
274
234
7.69
6.74
10
Fire
Glens Falls Fire
Hartford Fire
984
1024
Quotations For U. S. Treasury Notes
St Paul Fire A Marlne.62 4 -204:7 272
Gibraltar Fire A Marine. 10
Hanover
1044
9/4
834
5
54
Halifax
10" 4
1014
—
d-.U
3t, 1W—v—
U linn Oil at Cilif >Mii
1044
10.) 4
1955—
38
10
Preferred Accident
»■
Asketl
°
1014
———
Wisconsin Power A Light 3'^s, I)7l..—— —d<-
Phoenix.....—1.a,
59
—
Soutiern Natural Gas Pipe Line 3>£s.
,
Pacific Indemnity Co... 10
8
444
Power
na
1144 1184
334
Great American
28
145
Bid
125
Ftei lsurance Corp (N Y)_2
Georgia Home
284
26
1171..,.
—
Central Illl ois Public Servl e 3%s, 1971..
Alaha
244
64
12.50
Northern
115
10.10
9.19
...
Oils
16.78
9.11
Fund
M
6.91
—
14.28
15.80
Balanced Fund
4.66
...
Electrical equipment
Stock
6.96
Aviation
———-1
North River...
25
Providence-Washington .10
2d preferred
Automobile
2.75
Eaton A
10.58
9.81
Agriculture
15.92
14.73
D
1
Bank stock
— 1
Shares
Delaware Fund..
3.98
N Y Stocks Inc—
3.46
,
Diversified Trustee
3.58
4.97
New
112
.
5.85
6.45
Preferred stock series...
30 H
22 4
27
Quotations For Recent Bond Issues
454
144
99 4 102 4
Fireman's Fd of San Fr.25
Low priced bond series..
25 H
117
♦8% preferred
100
Insurance
134
General Reinsurance Corp 5
Bond series
Crum A Forster
43 4
5
42 4
10
Fire Assn of Phila
Income series
23 H
10
New York Fire
110
5
Series AA
New Hampshire Fire
274
64
10
Fidelity & Deo of Md...20
Shares..!
J
Corporate Trust
Series AA—.
214
M i
174
Sterling Nat Bank. —..25
—
32 4
Amsterdam Cas
v
16
40
1y
1185
135
.100
Merchants
194
30 4
394
5
J
184
10
New
SS
592
31 4
294
4 4lV-v
Employers Re-Insurance 10
Excess
2
New Brunswick
23
.2
Eagle Fire
Public National
234
564
74
204
5
Continental Casualty
102
12'
13
Peoples National........50
650
First National of N Y..100 1155
25
10
124
—
Penn Exchange...
254
244
50
234
..124
National Safety...,
154
Fifth Avenue-.."
163
158
20
National Union Fire
7 la-
64
85
572
25
..100
—
Federal...
Nation-Wide Securities—
1.82
....
Connecticut Gen Life... 10
10c
Fund
& Shippers
Boston..
City of New York
Bond
Manhattan
9.03
1970
Sec Fund. 10
American...2
Bankers
■
National City
W
«
620
74
10
Series S-3....
Trust...*
Chemical Fund.—1
Christiana Securities.. 100
Preferred....
100
Commouwc Itn luvest—J
Cousol Investment Trust. 1
6 4
National Casualty
19.54
Century Shares
Merch A Mfrs Fire N Y..4
National Liberty..
12.62
Fund Ltd.. 1
Canadian Inv
13
National Fire
18.07
13.55
-
Ask
45
50
National Bronx
90
100
474
374
11.74
11.85
414
11 4
Loomls Sayles
Bullock Fund
Assur com...5
Fire
484
5
Broad St Invest
M%rch
354
Co Inc..r
Inc
Boston Fund
42
Commercial National.. 100
54
134
—
!VI irvland Casualty
104
464
.10
American Resprve.
2-3
24
41 7
American Surety
25
Automobile......—.—10
Series B-4...
Be iisonhurst
53 4
124
34
5
44
24
64
154
National—.50
Bank of Yorktown..66
Chase National
504
194
114
54
iH
94
1
94
.10
_
Ask
38 4
84
5
Miss Bonding A Ins..124
Am Fidel A Cas Co com..5
American Homo
174
704
354
10
284
16
68 4
Ier«ey Insurance of N Y.20
K lickerbocker
75
21
3H
♦5% preferred
-—5
Basic Industry Shares.. 10
78
22 4
274
Ins Co of North Amer.. 10
25
2%
Investing—
♦Common....-,-,--—-1
Homestead Fire..
264
Allia^cq..=.—..10
Eqiiitame— —5
Series B-2
Bankers Nat
51
Agricultural
American
8,14
Series B-l
10.53
9.79
49
10
27.36
Kevstone Custodian Fund*
4»4
16.84
.
...1
Investors Fund C
9.20
-
1 5.49
Aviation Capital
5
Home
1244 1284
10
Aetna Life
Bank of Manhattan Co. 10
Bid
Par
Bid
'144
a
4,9*
Bid
Par
Aetna..
Series B-3
10c
shares...2
Inc-.-.l
Axe-Houghton Fund lnc.1
Investing
Assoc stand Oil
*
Ask
Bid
Aetna Cas A
I wurancp Group shares.
2.65
Foreign
Ameslra <
NevRfork Bank Stocks
Insurance Companies
investing Companies
Rid
Feb. 13
Quotations for Friday,
■
quote-i
Rates
for discount at purchase.
are
'
Equitable Investment
Corp (Mass)
— —
30.50
15 J*
pref. 1
Equity Corp $3 couv
-■
.
27.75
—
/
Steel
13.27
4.88
New York Trust
5.87
5.33
•j
Companies
Series 1955
„1
1.94
1.83
Series 1956
1
Series 1958
1
1.52
30i
100
Bronx
4.23
4.15
Fundamental Tiust
2.93
42 4
414
Irving
35
100
10
13,4
Kings County
594
Lawyers
20
74 4
76 4
37 4
Clinton.,.
37
40
Man u f acturers
39 4
Central Hanover
50
;...
—
75.23
6.89
7.51
3.08
Title Guarantee A Trust. 12
.....'..25
am
4.98
5.53
Continental Bank & Tr.10
104
11.09
11.77
Cora Excnaage Bk A Tr_20
304
124
314
5(J
43 4
46 4
Underwriters
100
United states...
1!
:
13!
584
Agricultural shares.....
4.25
4.68
♦State St Invest Corp...*
554
Automobile shares
2.97
3.28
Super Corp of Amer AA..1
5.82
3.95
4.36
0.30 %
May
13, 1942
Empire
195
Electrical
♦Series C
..1
1.78
♦Series D
1
1.66
3.30
Food shares......
3.64
General Bond
5.56
3.75
4.14
4.68
5.16
ieries A
1
1
4.30
Bid
3.98
4.39
25e
2.87| Trusteed Industry Shs.25c
62c
RR
3.01
Equipment shares..
May
1,1913 100.13 100.15
tl)1i% —-Feb. 15, 1945 100.10 100.12
H%
3.32
4.03
3.51
Utility shares..........
2.51
2.78
♦Huron Holding Corp.._l
7c
Series
ser
15.25
B...
C
US El Lt A Pr Shares A...
5.71
Wellington Fund
1
12.50
1.15
I2.5x
13.45
Independence Trust Shs_*
1.72
Investment
1.26
Investors..5
1.94
Call May
1
♦eirst Boston Corp
28
e
♦
New
York
of
Bank
Reserve
the
condition
at
the
of
close
the
Federal
of
business
in comparison with the previous week and
Feb. 11, 1942,
U.
Jan. 1 to Feb. 13
1912
82,861.000
62.000
1OOH
H074
126
corresponding date last
Eore.gn corporate
128
Total
Feb. 11, 1942
certificates
Feb. 4, 1942
'
">
2,149,835,000
bank—res.
acct.
Acct.
i.......... ...
-
-
•
/
'
<
F.
Redemption fund
2,129,443,000
"
$
8,196,039,000
9,523,839,000
Foreign
5,817,834,000
7,221,475,000
54,979,000
220,313,000
267,080,000
267,991,000
•
.
482,945,000
522,286,000
6,671,301,009
:•
8,601,782,(8)0
CENTRAL RESERVE CITIES
IN
(In
-
Millions of Dollars)
-
>,
V,.1
501,634,000
6,620,760,000
BANKS
,
.
V 658,360,000
y.
reserves
991,000
.
,
I'-
•
Secured
8,264,980,000
9,610,503,000
U.
obligations,
139,667,000
Loans—Total
8,949,597,000
...
-
1,216,000
discounted-
1,246,000
1,173,000
1,120,000
75,000
30,000
699,000
9,028,211,000 10,303,807,000
52,222,000
52,215,000
56,651,000
56,447,000
'
12,903,000
and
liabilities
"
v-
7,070,000
134161,000
..:\.vy-(•>%(
1,097,000
Govt,
rect
and
securities,
deposit
guaranteed:
Bonds
427,857,000
.
Notes
—
427,857,000
372,013,000
191,137,000
191,137,000
260,490,000
U.
S.
curities,
Govt,
bills
618,994,000
Commitments
F.
R.
foreign banks—
notes of
own
premises——
„
Other assets
18,000
18,000
3,655,000
3,850,000
243,916,000
157,877,000
1,489,000
10,489,000
9,684,000
12,772,000
' yy,
93.8%
to
make
«>r
~
;
,j
,
..
...
.
'
.
■
assets——9,078,443,000
S.
Other
•.'•
373,000
366,000
.
y
-
U.
]
„
^93.9%.*: v:■}■■■- 94.6% ;
in-
advances.,
cash"
does
not
include Federal
Federal Reserve bank notes.
reserve
.
V:
-V
.
-
;
667,000
Res.
These
are
31,
1934,
:
certificates given by the United States Treasury,
v
for the
9,157,041,000 10,431,866,000
dollar was, on Jan.
devalued from 100 cents to 59.03 cents, these certificates be¬
worth less
sions of
been
to
the
extent
appropriated
the Gold Reserve
as
of
the difference,
profit by
Act of
1934.
the difference itself
the Treasury under the provi¬
•
698 ,i
90
317
--
•
<
148
,
1
.-
'r
112
Cash
in
y
.........
•( • 74
443
390
80
149
( 430
139
2,964
f;
■
;
hi
.925
by the
•1,475
1,467
1,583-
1.458
Res,
-1.450
:5,007
6,395
5,007
deposits:
banks
banks
lorrowings
liabilities
accounts
;
-
82
banks.
75
84
87
83
•
v....
166
<•
765'
925
106
84
v,
:
377
U4
106
376
1,439
banks—.!
dom.
'•)
^'
-
—
1,030
1,039:
.V
388
1,035
'
.
«
41
41
276
41
271
261
42
329
(340
350
41
41
10.474
10,306
10,603
2,271
2,274
2.041
724
733
751
466
466
'( 510
751
14
186
191
96
3 397
3,508
3,820
1,063
1,074
1,021
:566
563
587
0
9
„—
-
•
.
Government-deposits.
Capital
81
434
455
,
• 1,487 V
U.
Other
yV 20%
3,580
deposits—adjusted
Domestic
24
( 36
23
1,452
deposits
S.
33 (y
4.444
assets—net
Inter-bank
49
bbrids_^_-,i'.:,". -3,577
Liabilities—r
Demand
49
-
420 ^ 433
vault~L
with
102
453
,
securities
with Fed.
40
> 24
167
149
30
..Ji.—.—.i—
guaran.
;
21.!
16
37
297
290
■
493
724
730
1,963
81
——
Government-
Foreign
ing
:
2,574%
on
notes
Balances
notes or a bank's
••
gold taken over from the Reserve banks when the
having
Total
note
..y
14,429,000
13,292,000
pur.
Time
18,000
2,600,000
205,731,000
other banks
Uncollected items—
Bank
R.
:
635,505,000
♦
Due from
F.
.r*J >
a
632,503,000
621,211,000
securi¬
ties
loans
Other
Other
618,994,000
and
.
liabilities combined
t "Other
621,337,000
guaranteed
Total
to
se¬
and
direct
reserves
and
dustrial
Total
.2,645
& dealers
for
banks
Obligations
total
of
di¬
934
78
securities-
United states
1,754,000
Ratio
S.
brok.
Loans tq
Treasury
•
accounts—9,078,443,000' 9,157,041,009 10,431,866,000
•
1,037,000
Industrial advances
935
2,700
Treasury bills
1,248,000
3,042
3,755
2.917
1
-
Other capital accounts
$
2,911
<
Real estate, loans__,^'_— -103
•
7,070,000
12,894.000
7,070,000
>
:
paper
loans
carrying
51,481,000
56,651,000
Surplus. (Section 13b)
capital
U.
to
Loans
and
loans..—.. ."
agricultural
Other
Total
1,120,000
fndust.
Capital Accounts—
(Section 7)——
1941
$
$
10.664
3,829
....
1942
1942
$
$
;;..i;'t
487,000
648,000
...
Commercial,
Open market
Surplus
Other bills discounted—
Total bills
%
'
Capital paid in—,..
S.
'guaranteed
228,980,000
178,354,000
items
including
Total liabilities
Govt,
direot
and
by
availability
liabilities
85,600,000
discounted:
Bills
1941
1942
12,203
invest.—total—
-
Feb. 4 Feb. 12 Feb. 11 Feb. 4 Feb. 12
Feb. 11
S
Loans and
Chicago
New York City
•_
-
-
.
Assets—
1,064,OOO
67,890,000
8,224,976,000
.
deposits^
accrued dividends
814,000
._
835,027,(KM)
LIABILITIES OF WEEKLY REPORTING MEMBER
ASSETS AND
:
5,826,045,000
52,901,000
Other deposits.
Other
441,000
822,896,000'
and Ghicagd#BrOkersrLoan$
1,561,659,000
v
1941
66,952,000
Notes...
Total
Feb. 11,
R.
tOther cash
243,000
203.(KM)
Returns of Member Banks in New York
:
-
Deferred
$
hand
on
,533.000
>
year.
8,157,210,000
♦Gold
,y
$4,218,000
L
-
%
>,
Total
Assets—
$34,343,000
42.000
$2,932,000
3.697,188
S22.160.0tH)
20,090
9.000
1941
-,f :
2.828,985
$4,156,000
Foreign government
110
■*
679.260
1942
the
1942
;.|iy
1941
■
341,605
Bonds
101.12
108^
i
■
.
Treas.—Gen.
S.
$9.003; $2,932,090
S62 030
•
Week Ended Feb. U
8tock»~"-No. of shares.
-
Deposits:
Member
shows
following
$2,861,090
100.13
100.11
3s.-.1916
3s...1947
Panama Canal 3s-1961
verslo
Et-dlvilead.
x
culation
of New York
—
-
actual cir¬
in
notes
R.
622,000
4.000
618,000
Er change
Rousing Authority—
U S Co
101.6
Liabilities—
F.
75.560
,
New York Curb
U 8 Conversion
QijUtbasnjtfirjlJhelb/spj^jrorlHuer.
Condition of the Federal Reserve Bank
674,090
3.000
341.605
.......
i
100.23 100.25
Other Issues
101.3
3. '42 at 101... 101.3
Call July
104
9
10
Jan.
43c
721.000
86.000
16.000
HOLIDAY
Domestic.
May 16. 1943
16,'42 at LOO A 100.31
3, 1914—
2s
1
36,000
■-
Asked
100.14 100.16
IH% notes Feb. 1. 1944 101.9
Banking
A Co
t r i;i3 0) 11 j are ii5j5.it t) all Filial tixei.
NjparviU:
The
U M
13.77
Corporations
♦Blair
635.000
671.000
Thursday...-------
Federal Natl Mtge Assn—
Fund Inc common.. 10c
*
11%
100.3
16, 1912 100
1, 1943 101.12 101.16
Apr.
Apr.
Ha
11H
Income Foundation
Incorporated
V£4,835
100.15 100.17
1912
1942
1913
1944
1.
15.
15,
Apr. 15
1%
July
tH%
Oct.
11 >%%.-July
Federal Home Loan Banks
2s
14:
709,000
-
Corp—
'
16.67
5.22
Union Bond Fund
4.44
3.i8
.....
I
Total
.*280,030
Reconstruction Finance
Commodity Credit Corp—
38:
2.60
Steel snares.....
599,000
105,305
-
Total
Petroleum shares......
Class B
73,180
---
►
j
87,090
Wednesday .-- I i. v
Trusteed Amer Bank Shs—
Railroad shares..
Tnh-icco shares.
Bid
A-iked
Corporate
$273,009
32.725
_
Tuesday...—: -
Friday..
4.32
♦Series B
6.12
Merchandise shares
Mi. Jug shares....
♦
Foreign
Gorernmem
Domestic
Shares)
Obligations Of Governmental Agencies
Trustee Stand Oil Shares—
0.30%
Forehjn
of
Monday
5.37
7.08
0.2.5%
0.3()<;,
.
(Number
13, 1942
1090
Trustee Stand Invest Shs—
4.88
Equipment...1
—
Bonds (Par Value)
Uocks
Week Ended
Feb.
Saturday.,..
6.44
Ciiemlc J shares..
170
.......100
Fulton....
—
Daily, Weekly and Yearly
6.40
Builui .g shares........
1942
1.78
Aviation shares...
17.
24
100 1050
Inc.50c
6.1)42
84
1
*
Utilities
M iv
3%
20
Trade Bank A Trust
standard
29. 1442
0.H0
69 x
SH
10
Sovereign Investors
4,15
22. 1942
Anr.
1942
94
84
Spencer Trask Fund
3.85
Group Securities—
0.25 %
Apr.
0.3J%
16
Transactions At The New York Curb
33
60 J1)
New York..............25
73.75
Colonial..
0.25%
Mar.
28
20 ...31!$
51 h
Selected Income Shares.. 1
25.46
-----
0.30%
15, 1942..
1395
Preferred............ 20
Selected Amer Shares..24
23.68
*
General Investors Trust. 1
General Capital Corp
19.1942
Apr.
0.30%
101$
25
25
....
*
Fund Inc
3.22
Mar
ft. 30 %
634
County
Chemical Bank & Trust. 10
Scudder, Stevens A CI irk
0.30%
...
Mar
231
—.100 220
..10
t—100 1315
Guaranty...
5.00
2.62
Quarterly Inc Shares.. 10c
Republic Invest Fund-..l
18. 1942.—
Mar. 11. 1.442-...
315
305
...10
Bankers
Brooklyn
15.08
3.50
35 c
11.81
3.20
13.76
0.30%
-
25. 1942
Ask
Bid
Par
Ask
Bid
Bank of New York
:
11.04
Plymouth Fund Inc...10c
Putnam (Geo) Fund
1
—
Feb.
1.90
3.03
7.07
1942.
Feb.
1.54
2.8C
Mar. 18.
Treasury Bills—
39
2.64
Fiscal Fund Inc—
Asked
hid
A sked
l.id
'■■■!';
.•
.
.
765
>--••.
.
••
'
'
7
239
246
295
17
18
13
1,539
1,539
1,507
282
282
265
most
of
The City of Detroit, Mich., offers perhaps the
Building Construction Activities
Enter War Phase
V Like
.<
i
'/
:
all
"*
.
*
...■.
•
*
.
..
centering
those
construction in the United States were
'largely integrated with the war effort in the calendar
around building
; year of 1941.
The
•all-out war effort
became almost
•X'."r
progressively more influential
;
tioned by the struggle.
is
•
idle,
|
V
•
i
new
automobile tires,
1
order
their places of
reach
to
city, or within its environs, under the
cumstances.
nearer
of
Despite the complexities and uncertainties of business
canvas
.
1
upon
sure
But these
is
times.
v
which fit
All basic metals, in particular, were
however,
a
field
vast
for- private
building construction, if the authorities decide to make
the best use of all available resources.
Defense indus-
.
brought boom towns into existence in scores
throughout the United States, and some older
.communities expanded with startling rapidity, as new
airplane, tank and other plants were erected. Jn such
i communities housing. problems arose which can only
be described as desperate.
The solution of the problems
.
tries have
:
of places
our
degree unknown
or
indirectly
with
ment tax purposes
OF
DISTRICT
even
Calendar
But
and
construction to
the
war
the
that the United States could remain aloof.
were whittled away
neutrality enactments
of the
war
effort.
The pro-
1940........
1937
1936
1935
1934
*
16.010.940
48,812,161
34.915,306
2-
66.480,026
-3w 0
55,099.89 ;
3.163.415
67,314,312
-18.1
4,644.669
153.175.987
222,166,474
1,626.775
1.133,517
2,968,71
1,154,761
....
Brooklyn.;.
Queens...,.
..—..i...-
Richmond
.
Total N.
/
5.
Y. 0-.-..—
S x
$
40.561.140
MaohatUQ
39
44.910,370
22.447,219
48,907.810
32.684,461
50.203,089
3 610.211
30.424.219
14.911
5.914.036
4.268,335
307.418.752
211,225.451
152.603,6.54
80.576.288
51,117,073
65,102.651
87.210.685
59,967.761
46/147,664
150,016,652
:• 3.139,015
50,261,047
66,107,595
97.439,002
6.400.423
54 907,333
42.507.060
-19.0
42.976,825
"56,339,474
80,429,539
2.369,012
-31.1
233.232,223
326,631.135
-
62.201,153
17.336,280
806
+43.5
889.731
617,738
764.149
680.608
398.818
396:018
+157.1
1.216.823
1,730.637
1.353.129
749.529
.389,725
392.448
*300.000
406.975
407 321
369.492
*287,585
>100,000
*150,000
*160.000
*150,000
*100.000
403.280
: 414,002
451.857
339.022
158.971
17.209.382
•402.767
1.793,265
"2.954.816
11,393.880
269,905
2.103,765
3.210,069
245,995
XX 175,845
21,419,497
520.220
11.809.103
13.537.429
336,315
2.462.735
1.583.735
126.013
1.687,161
867,890
830.472
X
H.—Manchester
*667,200
Vt.—Burlington....
•
Mass.—Attlelkiro..
,
Beverly
XI ,747,561
3^0,961
623,999
792,640
v
v
633,60;
12.0 9.325
Boston
Brock to n.;—........
667.642
— -
Brook line.
...
Cambridge.......--—
Chelsea.................
V 'X
Everett
Fall
180,( 30
River,
Fitch burg.
...
15',M6
Ilaverhlll.l.,!.—
3
llolyoke.......
565,600
502. K fi
4.078.10
: 394,025
•. " 795,063
1,357.2 3
1.5^6,460
461,'30
-v: 595,4. 0
MedTord.
New Bedford
Newton
North
V
...—
.
(
■
..
7+52.8
.
'••+117.5
"X
1—
Vdams
2,893.150
353.10'
2x69,4:6
18fi.O
0
X
—63
.—2.5
+84 5
:'V +5 8.9
'—10.1
.
—
<2.2
+0.8
4-
98
408.957
: 465,455
542.331
106.941
1,164,521
436.547
877.418
301,952
.516,889
791,780
3,266.179
361.390
4,431,578
356,675
2.594.310
120,788
121.502
261.983
'
2.485.081
3,600.869
399.789
188,922
336.020
226.969
••681.164
567,365
311.900
195.242
390.199
326,421
312.406
1,098,563
V
423.532
'
267.652
425.525
141.889
472,925
311.285
192.107
662,060
134.950
255.873
797.572
574,470
552.909
653.309
1,518.174
400,847
"■
887,550
2.967.336
•2.808,960
339.329
162.484
.
339.735
376.261
983.230
364.550
1,117.830
416.118
148.594
351.000
1.946,538
1,004,514
308.512
141.305
1,034,819
618,418
297.750
•
+ 151/
—+14.7
;
+40 6
v
638.586
266,375
508,518
0 3
*95.000
277.917
8,403.438
190,243
979 215
531.696
252.697
139,675
196.543
282,364
455.871
*120,000
347,435
578.948
74.500
237.945
444.054
272.180
256.992
440.850
2.229.686
.c."
827.805
+41.5
•
130,380
x
346,461
—294
—
:
263,322
558,119
661.973
604,855
•-,
-
402.767
192,621
X
+951.5
.
-.
2,349,* 65
!-X
■\ —'/6x
,v
3.1.r5
+36.9
-
2.5 6,813
+
—
l^nit Meadow.....
.
49H6' 3
711,A 60
287.5'i
2,755,411
465,5 s4
197,541
1,08" .276
1,652.606
-..00,050
Bevs-rence
l/owell
'. l.ynn.
Maiden
1,945.8/5
976,135
1.160,3 0
'
;.-,—40 6
—20.1
+8.9
437,037
1,803,745
* >
694,0v;0
3,311,54
650,350
Ohlcouee........
"
:•
11,094,50
5
2,469,-90
4,531,560
v
:
xv
'
V
—61.6
>
\
241.591
1,597,969,635
1,405,316,472
222,166.474
354
233,232,223
16.60
354
326,631,135
26.87
1,375,803.161
1,172,084,249
888,968,417
354
307.418,752
25.01
921,561,785
354
211,225,454
20.18
835,662,347
354
152,603.654
23.22
354
80,576,588
20.17
504,632.767
318,917,727
354
74,210,983
20.89
354
77,902,719
18.53
281,113,995
342,623,677
355,324,978
420,526,396
1931........
354
349,282,609
28.62
871,496,894
354
407,067.669
22.91
1,369,555,384
1,220,779,503
1,776,623,053
960.091,743
31.01
937,647.139
26.78
11.14
2,136,747.717
2,563,093,311
2,770,289,853
3,061,913,459
3.384,792,814
2,855,629,518
2,663,907,795
2,169,314,914
1,393,407,781
1,343,549,455
1,253,554,036
450,859.008
12.54
718,970.094
19.56
910,278,381
758,991,580
753,730,258
818,029,278
798,913,875
762,174,380
763,368,183
740.677,942
354
;
354
354
880,746,413
24.14
354
25.73
.
1,215,599,552
1,228,980,537
1,046,887,801
657,236,411
399,494,015
3,096,839,460
3,500,730,450
3,651,036,266
4.121,964,853
4,393,364,166
3,702,135,335
354
1,060,051,394
1,008,571,342
354
846,505,817
22.88
1923
310
785,557,945
22.77
1922...
308
638,569,809
22.74
1921.......
307
476,827,194
25.50
1920.
306
290,828,942
17.79
1919
297
17.26
1918...
287
1917.......
277
1916.
273
1915...
284
261,500,189
56,500,495
103,068,798
221,293,974
172,945,720
1914.. X...
284
138,115,266
15.49
1913..:....
273
162,942,285
16.61
1912
235
22.25
1911...V.X
235
228,601.308
200 325,288
1910.......
223
213,8.8,617
21.88
1909......
209
273,108,030
26.94
1908--..-.
206
174,757,619
23.94
555,324,252
1907
200
197,618,715
24.63
CO*,671.736
730,081,871
802,290,451
1906.
163
241.064.458
29 93
5P4 486 823
805 551,281
...
As
the
22.97
18.56
20.81
3,449,465,740
2,807,884,753
1,869,694,975
1,634,378,397
1,515,054,225
507,359,503
822,038,892
1,131,572,355
931,937,300
891,845,524
980,971,563
1,027 515,183
962,499,663
977,216,800
1,013,785.972
previous occasions, we note that there are; two
which commonly are used to measure
on
records
of
sets
course
of
building work, namely
(1)
the statistics
regarding engineering and construction work, and (2)
the statistics which deal with plans filed with the local
and authorities. Our own compilations
the latter; that is, to the plans filed with
departments
relate entirely to
local authorities.
the
The record of
of
our
building permits which forms the basis
tabulations does not include engineering projects.
rule, include such public works
work in
the nature of bridges, grade crossing elimination and the
like.
This explains why records of contracts awarded,
like those compiled by the F. W. Dodge Corp. and the
Nor do
our
figures, as
a
construction as sewers, subways and highway
"Engineering News Record," invariably arrive at much
larger totals than those presented by the building plans
and
permits which form the basis of our tabulation.
the
explain why the yearly
also
will
It
comparisons in
did not until 1929 in the
of such compilations
case
figures, and until 1930 in the case
Record," reveal the downward trend dis¬
the Dodge
of
by your tabulation for
Engineering pro¬
1926.
great breakdown in 1929.
current
The
Government
period
activities
makes
necessarily
the
war-stimulated Federal
the
construction
field
of
in
compilations
of
engineering
.-?
and public
projects of vastly overshadowing signifi¬
cance, when the building field as a whole is con¬
sidered.
With private
building
relegated
almost
entirely
"
-
N.
13.90
354
1939........
11.375,406
New England States—
fM«.-rl>ortlaad..¥..
1,652,812,51L
jects involving say, public utilities like light, power and
similar enterprises, are dependent upon financial con¬
siderations and developments, and these were all in the
direction of continued expansion until the period of the
or
1938
Total All
Outside Cities
1.499,636,524
1938..
closed
UNITED STATES BUILDING OPERATIONS.
1939
of
9.26
153.175.987
case
Bronx_
YORK
NEW
Whole
354
1925
lend-lease aid to the embattled democracies devel¬
%
Per Cent
New York
15)41........
of the "News
'
FOR
OF COUNTRY
1924
in the First World War.
and suchlike appurtenances
'■
37,140,595
REST
1926
also in remedying some obvijous defects of the planners.
$
PERMITS
1927........
oped, the trend of construction was more and more to¬
ward airplane and munitions plants, army cantonments
New York City—
FROM
of
Cities
1928
a
the slow restoration of business confidence and
as
No.
1929
available, however, ,and assuredly ought to be employed
Dec.
highly important role.
a
BUILDING
1930
The vast
coupled with even
armed forces,
,
the great war
The skills and abilities of the private builders remain
Inc.
also played
YE/RLY
1932
demand for new houses made some progress
possible.
The start of the European war did not for some time
affect the upward tendency of American building ow¬
ing to the widespread belief of the earlier months of
4
1940
years
1933
the conflict.
urgent
'
1941
is note¬
of the 1930's.
not solely responsible for this poor
was
depression
1934
activities. These are
likely to affect sharply what little private building
construction
will be permitted.
A halt in ordinary
automobile manufacture, when coupled with the lack
of car tires and possible scarcity of gasoline, means that
suburban living will be less desirable and urban dwell¬
ings more in r demand.
The construction of small
dwellings on the outskirts of larger communities, which
has been a mainstay of building in recent decades, is
sure to diminish, quite apart from priorities and other
impediments,
s
We turn now to our compilation covering building per¬
mits in all the leading cities of the United States for
1941 and previous years.
This survey makes clear at
a
glance the sweeping decline in ordinary building
which took place from 1926 to 1933, and the modest
but steady • improvement which developed after
the
pit of the depression was passed. The stagnation of
building construction was general throughout the 1930's,
but
[may-well fall primarily to the Federal and local authori¬
ties, actirig largely through public housing authorities.
;
trend
war
the
showing, since excessive taxation and especially the
notoriously exaggregated valuations for local govern¬
.
[affected and became almost unobtainable for
There .remains,
directly
effort, quite apart from actual
ordinary uses, as distinguished from war uses.
;
V
The
deepest of
1935.
Before proceeding to a consideration of our statistical
compilations, we note that some decided changes in liv¬
ing habits necessarily must be occasioned by the war
',1 ently be done largely through the medium of priorities
; and allocations of materials, some of:which already be; came so scarce late: in
1941 as almost to preclude new
private projects.
the
of
1937
war
in the im¬
building field,
tions industry, stimulated public
i
such Construction into the war effort. < This will appar-
i seriously
in the
evident,
expansion of
ing activities tended to diminish sharply upon our entry
'•} into the war, and obviously will proceed hereafter only
•
recessions for the year, and it
heavy
worthy that the aggregate for 1941 barely exceeds some
1936
times, and the effect of the
sharper increases of productive effort in the muni-
Private build¬
j in accordance with plans 'of the authorities
are war
public construction and engineering projects
connected
All ordinary' considerations finally were thrown entierly to the winds in the final month of 1941, as they
war
are
controlled, and the judgment of sea¬
preferable.
In such activities, 1941 was a banner year.
.
in
most
mense
[fell, far short of: beginning to meet the Federal bills.
be discarded
to be better
Costs
construction.
soned individuals make that type of activity
a
must
showed
Year
people far better than public
deficits, and the steadily mounting taxation
which, however onerous to the individual taxpayer, still
needs
in 1940, a decline of no
All five boroughs of New York City-
against $222,166,474
1941,
less than 31.05%.
tend to meet the genuine economic requirements of the
vast Federal
.
in
Although private building construction seems likely
relegated to the background, at least for the dura¬
tion, it remains true that in normal times such activities
circumstances had been more favorable.
Such circum¬
stances include not only the priorities which diverted
essential materials progressively to defense needs,: but
also the threat of inflation inherent in the unimaginably
•
industries centered in New York City,
war
building in the five boroughs came only to $153,175,987
COMPARISONS
far greater advance in ordinary building would
-«have been effected is a reasonable conclusion, if certain
;
diverge from that of the country in general, and in
this tendency was obvious.
•
/
to be
all economic activities by fiat of the United States
That
for building permits in the Metropo¬
of
are
;
.
x
; Government.
The advance in such construction activi¬
ties unquestionably reflects the rapid increase of demand
i for dwellings, after a lag of more than ten' years in
building.
Sub-normal building construction over such
: a
long period of time, while the population of the coun! try continued to advance in measured ? pace* means
; that
potential requirements are immense and extra! ordinary.
1
readily
this mat¬
The table shows New York City separate from the
ter.
With few
tents have sprung up,
purpose.
in
is
the more! noteworthy and satisfactory in view of the
priorities of materials which progressively were clamped
the country moved steadily toward participation
the war, ordinary building made modest gains.
This
determine
the reader to
enables
which
1941
usually
without adequate water, sewage and other facilities.
This is a grave problem which must be remedied rapidly
and effectively, and a great deal of housing construction
will be needed, along with the ordinary facilities and
appurtenances.
For the time being, public construction
by housing authorities appears to be favored for this
even
now
rest of the country,
to
the
change^ cir¬
period of transition in Detroit, as in other cities
towns, mushroom "towns" of shacks, automobile
trailers and
cities.
great significance.
The course of building
activities for some years has tended in New York City
In the
and
low
a
the trends and statistical levels bearing upon
lis
employment, but
as
•
!
automobiles,
abruptly demanding accommodations
We
1906,
as
-j.
own
when
decade,
point was established in 1925 of $4,393,364,166.
present a record of building permits back to
the high
j
the changes of transportation being
are
of the attack by Japan and the ration-
are
complex than is the rule in peace times, since the
transition to a war economy was taking place
throughout the 12 months. Ordinarily building made
a
little progress over 1940, land thus continued an
upward tendency which has prevailed with but little
interruption since the worst depression years of 1932
and
1933.
But public building
and engineering
projects advanced sensationally and attained in vari©us phases their highest levels of American history.
;
to the difficulties of the Detroit area,
epitomize what is happening in many other %
Adding
in
far more
were
x
traveled sizable distances in their
'■■"
activities
of $355,324,978 was
They are, however,
far under the active building years of the 1920's, when
last
the
of
reached in 1933 for the 354
ing of the suddenly faltering supply of rubber from
Far East.
Many workers in
Detroit
plants
In these circumstances prophecy
which are clearly
For the past year building
De¬
present, covering build¬
;
altogether inadequate for this influx.
the
certain "sign-posts
beyond
visible.
last
process.
now
we
ing permits in 354 cities, show a contemplated private
a consequence
.3
'
i
The statistics which
-
expenditure for 1941 of $1,652,812,511, against $1,597,969,635 in 1940, a gain of 3.43%.
These levels of con¬
struction compare favorably with the depression years
war
brought about by lack of
Dec. 7 and the war declara¬
Italy on Dec. 11 projected this
country fully into the gigantic conflict. < The future of
'building throughout the war necessarily will be condion
tions by Germany and
;
merely capped the
cember
;
communities,
r
completely dominating after the Japanese
:t attack at Pearl Harbor
country wholly into the war
of the
jection
i
which
and
'throughout last year, as a factor affecting building,
•
•
Much
materials plants in the
into
conversion
of
are
overshadowing requirements of the
were
maladjustments.
for the immeasurably vast war production expected
of this new industry, but Detroit dwelling facilities
,
1
of
closing days of 1941 and the opening days of 1942.
Additional workers by the thousands were needed
ess
-
;
•:
J
activities,
economic
other
•'
|
instance
instructive
the vast automobile industry of that city was in proc-
During 1941
•
.
731
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4047
Volume 155
the background, this
to
last at
destined to
the
In
Dodge Corp.
for
the
of
case
37
the
figures
the engineering
States east
of the
end
presented
and
of the
by
the
construction
war.
F. W.
awards
Rocky Mountains totaled
for 1941, against $4,003,957,000 for
$6,007,474,000
This reflects
situation appears
least until the
a
continuance of the sharp and
1940.
extraordin¬
upswing occasioned in large part by Federal Gov¬
ernment activities.
For 1939 such awards were $3,550,ary
543,000, while the 1938 total was $3,196,928,000.
low
point of the
depression, in
1933, the
amounted to
$1,255,708,400.
At the
awards
:
Residential construction advanced last year to
$1,953,-
801,000 from $1,596,944,000 in 1940, according to the
Dodge figures.
The total for non-residential building
in 1941 was $2,315,671,000, as against $1,294,640,000 in
1940.
was
The startling gain in
non-residential construction
largely occasioned, of course, by war requirements.
FINANCIAL CHRONICLE
THE COMMERCIAL &
UNITED STATES BUILDING OPETUTlONS~(Con«ni4M).:-v
projects moved up to $1,109,-1
Public works and similar
•
$831,304,000 in 1940. Public util-;
improved greatly to $628,749,000 in
253,000 in 1941 from
ity construction also
$281,069,000 in 1940. / Monthly totals of these;
awards show exceptional activity in the latter half of
Inc.
•
1941, when the country was
participation in the war;
•
:
MONTHLY
!
OF
RECORD
BY
AS COMPILED
•V
-
•"
•
moving steadily toward
...
••
New
(Con.)
States-
343.849
978,912
..February—its,---.
March.
365,125
6,598,547
226,817
3,821,822
3.501,007
1,012,848
150.507
+ 72.7
3.52{j.015
3,401.662
249.850
*140,000
+78.5
148,600
238.180
5,038,256
+ 29.4
6.129,335
891,436
+ 169.2
598,232
556.795
*1.600,000
3,379,487
1,007.633
1.888.124
367.243
340.210
619,979
April
May-_._-.t-,
July..-—V-------I
August,-.
September.
October..,—----December
328,91<t.COO
Hartford
Mancb eater
398,673 uw)
Merlden
414,941 000
312
347,651 000
323,227
383,069.000
261,796.100
380,347,000
299,8*7,000
301,679
456,189,000
354,098,000
389
4,003.957,000
6,007,474,000
Total conetruc'u
3,550.5-3.000
■v
Analysis of Tttal
Kon-resld 1 bldgs
—
* Residential bldgs.
;
Total
buildlngs.
Public works, &CPublic utilities.
.
-
...
Total
*
1,294.640,000
1,596,944.000
2,315,671.000
1,953.801,000
2,786,530
—32.1
156.540
205/53
345.27 3
—23.7
2.187.356
2,105,338
534.320
—39.4
398,025
,,
......
2,891,584.000
rorstrue'n
Stratford
831.301.000
961,682,000
288,633.000
3.550.543.000
West Haven
Wllllmantic—
uuectly
-
+ 15 3
+ 5.8
1,9-46,265
+25.4
+ 46.5
—35.1
602.321
+ 20.1
+425.6
+ 4.3
1,549,396
—6.6
4,096.500
+ 8.1
124,476,946
107,847,524
2,718,785
59 cities...
976,028
193,199
178,398
1,288.623
231,485
2,824,862
1745,213
<480.952
♦100,000
1.716,610
35,000
1,187,202
600.318
404,331
228,226
355,573
2,670.204
169.005
407.879
-
214,513
511.433
910.894
.
6.285,237
682,058
984.530
380.790
409,761
381,888
1,118,697
1,692.806
,
257,977
934.426
3.103.698
/
791,780
4,456.442
685,313
1,492,924
756,445
1,330.445
911.945
444,581
1.605.125
2.721,715
321,750
*50,000
94,750
.
1.686.033
V 104750
317,904
352,786
620.338
2,287.996
352,678
410 065
384,240
254.985
350,000
1,027.812
835,948
515,238
1,386,100
4,259.032
377,167
2,330,797
266.420
171.905
978.924
722.758
1,362.888
174.749
695,134
120,581
335,160
1,783.976
356,578
398,811
160,000
*62.000
775.427
'
a56,389
v
31,595
78,295
626,710
>
911/185
509 561
179.725
167 975
339,941
225,861
492,765
810.185
503.904
528.050
■/a
1,319.576
4.009,115
88.700
3,740,882
lvl35.0S4
101.125
189.753
37,320
33,977
51.821
115,547
452.700
929.763
2,870,780
1.930.950
*40.000
/
87,840
101,540
3,418,300
1,583.703
3,806.015
3,228,100
49.475
619,833
5.485,441
+ 15.4
Total New England:
by the "Engineering News
Record" tor recent years likewise reflect an upward
trend.
The "News Record" statistics cover the entire
country, while Dodge covers only the 37 States east of
the Rockies, and some differences naturally are to be
:
expected.
On the other hand the Dodge figures include
virtually all contracts, even with values as small as $700
.7 or $800, while the "News Record" statistics cover only
contracts with a minimum value of $15,000 in the case
of waterworks, excavation, drainage and similar projects, $25,000 for other public works, $40,000 for indus7 trial buildings and $150,000 for other buildings.
The
;} "Engineering News Record" classifies the construction
contracts according to types of buildings and construc! tion, and in the following table we carry the figures
1,957.820
•
596.004
103,738
1.324,031
4,429,200
253 939
-
<
145.780
2,727,065
1,036,335
98,93
1.658.575
423,391347.460
710.466
828,638
299.908
578.305
661.782
110,960
1.949.839
1.273.790
v 953,187
3.273.20)
325.895
414.201
-
851.305
545.635
165.100
4,331.157
1,078,749
.759,135
;
•40,000
39,225
392,799
-
574,484
848,186
*
4,934,722
550,552
103.185
R. I.—Central Falls..
Pawtucket
Providence ........
3 196 928 000
without ge^erU uoutiaaois, sub-umiructs oeu-g itt
ttj owners or arelilteets.
■-
Wert Hartford
—71.6
7,799/30
6^0.095
2,851,060
5,058,15."
7i3,167
206.147
Waterbury
288,847,000
4.003.957.000
2,227,527
Torrlngton..
2,057,924,000
850,157.000
281,069,000
000
R 007 47a
2,299.910,000
1.324,670
+23.4
,
•
150.481
791,086
522,574
945,976
3,800.375
2,128,575
2,168.552
380.907
206,690
1.788,838
1,503,830
537,856
^-25.0
+ 3.4
1,892.075
Shelton
1.072,137,000
985,787.000
1,688,806
2,454,560
4,822,922
3.942.574
Norwadk
Norwich
o
4,269.472,0:0
1,109,253 TOO
628,7s 9,000
Includes projects
965,638.000
1,334,272.000
—2.1
+94.0
+ 35.0
+ 111.9
550,359
New Haven.......
New London—...
Stamfcrd
•'*..
+ 64.4
1,842,110
4,987//08
*1,119,544
New Britain
3,196,928,000
+
899,822
46.156
Mlddletown
'
-
+
345,235
2,017,361
7.562,761
567,4K5
1,975,905
14.613.330
2.279.0,3
1,906,780
Hamden
.
.»•
.....i..
324,726 COO
458,620,000
431,626,000
November....
/
300,504 100
548,700.000
539,106,000
$577,392,000
760,233.000
623,292,000
606,349.01-0
•
6,517,885
2.400.108
Danbury.........-
479.903.UUO
160,462.000
j.
*
.
Bristol
420.452
270.132
2,246,931
850.661
'
/
509.526
406.969
572,660
548,373
1.103,652
T.
896,396
1,117,927
354,641
658,105
427,487
2,803.045
641,107
29.7
+68.8
382,759
Conn.—Anfonla
—
Bridgeport.—.....
196,1
903.607
32.7
1,887,339
1,166,215
;
428,493
205,696
1.411.784
i.
144,706
/
+38.4
2,504.263
1,512,354
Springfield—
Waltbam..—Worcester
305,205,000
270,373 000
January
+0.6
+ 9.3
561,661
777,457
SomervlUe—
1941
2,346.131
139,135
530,27.8
241,861
895,566
Salem
Mountains)
1934
1936
'
735.862
894,300
+ 44.7
2,5^4,028
2,458,418
.
IMttsfield
+ 83.2
—25.6
219,328
401,880
1,913,850
3.544.107
N urtbamptoQ-.su-.-
W est field
'
1938
%
$
Mass.— iL'on.)
CONSTRUCTION CONTRACTS -AWARDED
THE F. W. DODGE CORPORATION
(37 states East of Rocky
England
j
,
or
Ucc.
1941 from
:
89,644,630
71.706,122
86,816,246
64,457.383
50.685.402
37.657.768
2.104,179
229,578
2,153,379
3.211,807
1,832,309
3,983,53b
3,315.204
3,131,885
175.895
1,162.624
2.961.753
305.665
391,162
289,800
2,788,386
1,806.460
2,880.198
305.258
817,689
417.708
280.587
164.086
2.321,732
6,241.279
1.327,080
3,136.814
731,171
515,733
1,261,830
277,450
618,496
971,981
200,403
2,714.201
811,297
1,868.802
1,270,326
325,010
203.982
221.907
189.088
1.502,781
3.933,083
763,195
361.055
2,367,997
909,462
745.117
555.131
493.226
810.618
445,332
173/254
851^46
45.063
869,462
42,710
Building statistics compiled
■
Middle Atlantic States
N ork—Albany
Auburn
Buffalo
Mlddletown
Mount Vernon—
Rochester.
Schenectady
Troy
#f-0
13XNN OS
83
r-Tco" hT
Pi CO
Clifton
d OS
*00NMN
I©
COCO 05
N-H
co o ci
XX
t- co
r*
© .-©M OS
.
t
©<M
—
w..—***;-<•>•"*«»>*-
.ss§©
■^xx.tq©
(>cqrr
P8
wcc'ncocoo
©* o 00*
no"
«OOCO(NN
S
10
coco-*
00 00
© 00
M -c
r-iON
CON
C<f
.—
COCSN
-<00
do
©©•<*
•HOJ
OS f-
MX
.
OS CO
t/pit/©x
cof7
(St-
Pa.—Allontnwn
M CO
rf —t
oxo
PI-I
Eastea
—<
iO
OsM
© -, ©
■<r
COCO
M —t
<*P»
-_o
oc 01
-7.es
r-t
01
+
©
01 M
oqx
cixt/?
.b-OOS
T<IH01
x © © © ©
r-io — aoto
W
*j< CO
:
t-<^co
OOO CD
N-W+M*
I-M3I
os
dd
OS 01 X X X
cooi'i1
H azleton
CO PI
M
612.100
733.262
1.017.750
'5,637,071
*1,564,570
520.815
:
1,461,569
♦1.1OO.0OO
982,701
4 2.072.033
1,555,510
910.553
; • " ' ,508^53
130.8
.7,385,505
785,875
V:1.175,185
567 308
.+84.6
2,342 ,557
1,961 .700
'1,616 730
4,657 ,639
1,023 ,925
+12.2
+93.2
—32.3
+
+9.6
o®
t,©
Wllkes-Barre
:
©CM
;
696,613
1.317,087
+37.2
396,10s-
+ 45.5
2,354.920
382.169
24,491,445
1.648,599
476,178
.
180,309
+ 57.8
1,465,619
1,974,270
1,277,245
1,418,830
—0.1
+ 298.0
+ 133.8
•..
603,8^2
—41.2
849,279
30,471,690
15,156,57/
253,715
1,914,934
1,020,600
+22.9
784,152
804,947
582,104
848,526
+ 34.7
—5.1
.1,517,956
808,659
+87.6
—
Wilkenshurg..—.—.....
;
343 183
940.755
349,552
146.035
469.126
*250.000
394.062
1,017.144
228.309
3.714.596
556.337
1.159.305
673.093
1,299,240
407.997
363.23!
341.049
46 826
Vv
496.765
338.692
10,532,253
101,050
2,225,349
790,218
659,991
1,263,348
—44.6
—47.0
—18.8
+61.6
/
i
512.407
276 681
<
131.564
;
-
153.790
,.AV<-i 148875
2,178.586
r-
107-317
307.650
>
;
457.725
~
491.385
-
:
865.433
933.524
796.730
720.215
288.189
574.550
404.880
238,135
303.430
A 266.219
138.070
185.691
358 643
'568.440
:
752.351
309.741
f
625.006
569.028
952.414
'
380.060
v' 369.103
298,375
1.184.700
30.881.720
8.588.244
164,057
*500.000
702.863
729.961
154.480
679,941
353.034
,174355
-
160,935
373.930
1,580.320
1.348.979
245.330
436.025
«
695,396
9,255.150
5,807.900
761.065
1.552.067
; 380.595
*400.000
2.212.177
20.907,010
7.483.695
-
1,074,802
778.008
1,034.964
1,805.162
939.750
802.205
v/.r
751 100
j;
259,900
v.
377.862
266,179
247.358
350,342
267.446
A- 175.048
639.610
745,176
1,175,680
766.286
8.055,240
2,266.952
93.630
279.555
507.698
437.060
41.806
406 706
765.970
145.033
302.840
St— M O CO
.qcoM x
MMMCOM
+3.8
644.157
1.054.435
719,403
415.485
419.205
Del.—Wilmington.—.
—45.7
5,470,655
2.466,828
4,494,122
4,348.246
2,545.737
1.183.824
29,013,865
25,960,357
690,744
650,439
+ ll.f
+45.1
—26.2
14,188,250
14,640,038
15,162.010
17,683.944
9,947,460
10.096.776.
811.'/ 92
333,714
508.040
497.488
352.997
367,406
329.480
1,057,349
105.202
139 302
8.29.Q96
16.7
70,819,793
48.433.310
31,168.515
31.553^390
22,968,678
10.499,030
+ 19.4
32.1
<r*~3.6
—6.1
5,921.828
819,058
3,390,160
949.910
+ 6.2
240,849,850
York
OO
M<N
00 COO
Ci *♦ ©
o_t>©
oioco
*o
o
r-» IO IO
to—<
-<«
—
PI
©©
©t»-
(M rti
StS
Frederick
cst-7
t— CD
8S
PIM
P-H
O OS©
COP
Xt-O
OSb-tO
to —'
OOM
c
!>■—«
N —
KNOs'oClM*
O-OOCC*
t-* CI
cs'eo
X X OS
x«o
MM
<N
PI M ©
2.222.432
559.013
822,878
1,622,389
2,275,656
1,682,12?
2,423,833
255,974,071
240,974,081
Clarksburg.—........
Huntington.—
S'ci
Wheellng.i...i—
00 -H
+
42,717,450
2,652,521
W. Va.—Charleston
v
T
49,869,505
D. C.—Washington—.
t- OS
NNWON
RXOO f-
—
1,002,345
479,765
Cumberland
X OS
HHHNO
.
662.152
XN
OS U3
OOlW—' r*
>./©"•+ oo t/
1,486,300
6,698,334
Wiiliamsporfc
© <0
MX
©M"5
toifinvio**
OS tO M CO N
1,542,524
-3.639,607
Md.—Baltimore.. ...
+
614,770
775,655
©t-
COX
Ci-GOCOt.
•tfasocnoeo
V.i
2.877 .4ir•
930.966
.
"I
"A
399.898
•
-
•
1,856.238
A 746.025
■:
"
88.570
V ,: 477.323
621.072
124.158
1,362.564
1
;
211.239
460,603
928,98.5
/
1.375.360
451.041
694,895
32.612,870
+ 12.8
7.569.905
372/169
1,349,594
503,627
435,472
210,8.30
1,040,786
2,497.620
1.425.323
333.369
1,418,614
1.365.730
915,211
635,600
17,496.200
10.662.717
1,849,020
435,378
1,104,587
»
c
1.025.973
1,055.169
597,215
'
320,727
1,373,059
+65 4
-3.883.828
<u
407330
-756.289
'ri 5.811.063
820.539
565/195
1,262,311
836,320
1,210.933
133.610
632.043
.
1,277,425
t-
2,365.308
656.200
615.019
.
:
£387445
/
,893.724
740,364
•
1,538/198
5.235.830
449,081
534.276
-317.824
446.033
471,660
/
,
4.067.250
.:
904.109
2,116,622
1,043,872
34,3*5,910
8,397,95n
134,530
1,555,703
1,648.814
Scranton...
do
MM
w
-
+ 9.7
^-5.6
—44.1
/
+1.7
+ 28.1
—38.3
470.575
—- — .—.
Pottsville
Read Ing.d,.'^.^ 1
•
S»
.X
644,884
+ 12.0
579 ,046
1.633 826
2.010 739
686 211
*900 000.
890.777
343.466
284,515
3,4i6,0.3
3/' 65,388
355,019
Philadelphia—
Pittsburgh....—.—.
wx
oo°o
CO
O t--M
t]<
r—
r—
907 912
4,557/071
:—^
Lancaster
1- —1
«-<
<*!*■«»
•<*
62,087/208
240.223
673.848
302.348
1.170.759
/
1,2.72 166
990 131
4r 0,367
1,647.820
314.478
698.602
1,533,603
—38<9
3 ,£
-—*4
:
.,+55.0
879,052
><
848 745
2,649,312
665,550
560.440
857, 307
443 5/6
-
--
1.030,101
•
;<w::»■■■. 335.330
480.635
1.789.610
1,251,328
366.283
790.463
"
Erie
64,414
—64.2
2.956, 430
.
981.455
683,774
1,012.752
1,806,676
If arrisburg
X OS 05 10 N
1,735,205
1,515.804
815;151
3,338,409
372,492
,914,498
435,656
+<»0.5
18,137,987
r-f-x
CO OT OS t-N
,1,484. 545
523,650
228,173
576.186
4,144,845
^Chester.-
1:
OS CO OS CO K '
(MM
toMM
907.794
t
,
Bradford----------------
—7 ds
lOO^
.
r-LOM OM
,
2.023,789
*555.256
1,424,5" 3
/. 1,085,961
Botlileliiiin
©CO
P1X
<fO»<fO
« O OS l> 00 ©
798,100
..
—....
A1 toon a
CO
+36.4
pi co
IQ X
—♦ CO
©cO-tMCO
-7 00
3,984 357
2,138 442
2,044.571
;
WestOrange,...^.—
OS OS
<N
W N
+3 0
913,642
Trenton
CO N CS M 30
— N
►
161. 845
579.542
....
245.800
1.119,201
:856,784
—^—......
3,375.112
;
674.562
917.454
60.915
10,748,661
South Orange..
,
O
MX
eo-«
CD 3S-<
MM -<
522.908
1,310 466
1,122,205
ZM' 546.822
Paterson
Plalnfleld
N—oo>ON
1.064.665
834,451
722,286
169.054
Passaic,..^.—
NO
IN
eo©-<©x
CO r- M t- iO
1,117,510
+-70.9
+ 0.1
—86/
1,047,362
.2.627,741
1,323,686
v
Brunswick
Orange ...;
■%
Ntq
dec
co too
MNXOf<-1 CO
—60.4
443 990
.
New
r)<tO
PI 00
O CO
©pi©
1,902 522
.v
Kearney ....——...
Mont clalr.
—
v:
1 780.331
4,976,247
196,266
757.304
1,091.396
208,118
■
Irvingtoa
Jersey City—-——
8-
M CO
lO CO 00 IN OS
•
9,739.924
+66/
—36.5
—4.0
1,328,672
Newark
....
2,010,611
5,331,564
1,292,591
771,885
1,680,722
Hoboken.
•* co t»
—2.5
+ 11.0
■
©o
OWN- t00— MOM
1,538/58
2,705,666
5,<<34,487
3.005,226
-
.
CO ^ 00 00 Cd
HHQC-WH
655,080
1.295.839
1,606,881
1.995,845
East Orange
Elizabeth
Hackensack
3,827.246
1,675,242
1,679,821
754,155
758,995
1.311.012
*166,770
.....——
Bayonne. ......—.
Blooinfleld
MN
C0l>»
»XPia<+©
286.341
5,026.538
1,104,195
3.283,595
+/ 4/
+ 99.5
1,888,770
1,796,994
282,153
885,878
206,253
825,281
524.515
2,913,482
2,917,708
264,755
5,153,171
1,499,388
N.J.—Atlantic City
t-N
COlO
tr-4 CI 0>"
135.3
+
2 6,653
"
'
Plains...—.—. -
Caldwell
Camden
1
326,693
3,004,629
...—-
-
©■*
©eo
"5 COM
J.r«
7.101.171
798,171
244.627
354,390
270,043
1.471,039
270,400
1,819.116
1,437,876
214.067
2,660,620
1.235,295
1,132,871
340,006
1,500,374
Watertown..
cod
© M
+ 55.0
—25/
348,902
5,0~0.01P
821,073
————-
'
Utica
—24 3
'
741,165
Syracuse
:
+ 8.3
2,253/39
1.641.560
734,641
438,392
465,499
372,264
897,947
200,588
1,252/68
1.624,436
261,720
+2.6
281,315
1,835,921
5,435,036
'
11,143,630
+47.1
—47.5
+ 16.9
1/33,598
1,072,213
4,192,666
821,097
6,298,098
3,768.121
2,989,622
/
Poughkeepsie—-—
00
00 OS M CO M
449,392
Nowburgh
New Rochelle
Niagara falls......—...
.
N OS
CO N t-
•vxm mm
545,181
487.530
345,014
726,0~3
'
•
Kingston.,.—.—........
Honkers
HOOO
NCV
591.293
466,330
475,370
318,657
959.1-6
289,927
pieo
M-H
O
CDQiO "3 W
»xt/©<-/cs
—22.2
310,621
_
Jamestown
White
CO ION
+ 103.4
Elmira.................
to 1929.
r-l f- QC
—22.2
416.292
1,513/42
4.510,682
-—
Blnghamton
v
I back
3.494.694
846,653
1,177,616
6.636,332
New
—
..
381.965
-
-
307.610
1*166.816
591,473
259,161
199.315
423.657
166.375/J80
105,434.934
76.949;829
2.503.800
1,410.482
-
R854.757
413.748
707.424
1.500.210
-
1.362,664
937.913
1,388,196
2,224,125
2.907.275
533.616
1,280.706
3.172.435
.
■
.
158,631
&
;
367.895
;
v
<N
•f U-U5N
OOCXN
■tf — t^
Nffl
t-Pt
eios
+©©
PI*-7
ci ^4
osoa
©<#.-♦
© <r
»-H
CI oc
Total Middle Atlantic:
toco
Ot*
Plf^
hll-NH
§t^©
wo-'CVM
OCSWCCt"
— PI©
OCCtOC^b*
CI.^CIC*^
COCO to
t>ac oc
CDt^CC CI QC
^CO'tO
•
\
72 cities—
Middle Western States••
^COOC^tOCI
** oc
CO to to
cr. oc 00..
Ohio—Akron..
X —<
^ oc
c ©
-1-4
x*o*
COO
CO.
OS©
t~os
Barber ton-
-»e©.
Can ton
4...
"Cincinnati
•
Columbus
Dayton...——
East Cleveland.
-
Hamilton..
Lake wood——
i
Mansfield...
Newark
1
ft
I
if
§■
xi
3
ifia
if
-Indicate
that
h
I
afi
70
862,130
640,585
630.281
,
*6o«,468
.
637.337
/
6.942.831
+
,-—3.8
+93.5
+ 11.4
329,366
1,945.5' 0
-
-——
Youngstown—
Zanesiille..
+ 14.1
—21.0
,
3,380,077
.384,995
'
1,746,569
4,990,976
2.801,498
539,5b4
...
7.203.500.
6.020^75
2,157.254
I'd*: 132/i03
.640.766
611/197
v.
697*.807 f , .,1,178,816
2,1987076
u <1.115,497
641,215 /-261.729
"—17.9
.
;f
14,866.615
-.9,9297620 1/
3,493.129 V..
+6^.0
1,799,33
1
<
.
•
,1M»
S5-
G*
•
:
Ind —Elkhart,
•_
i
t; 3
ft. A*
Fort
construction. advanced
iii
1941
to ;
against $2,824,-,
4
Hammond...
Indianapolis
Kokomo
Michigan City..
Richmond
South Bend.
Two Haute
15 ,594,
515
,
v.
-
302,933
;'/•
583,484
268,928
194,793
.1,248.960 '1^75,477
7 75,3497553 7 /
2.306,725
5,313,685 V<
1,32.4,900
.
+39.1
+?0.7
r-28.6
-.".320,326
v
398.7,63 : Ac-177.817
473.614
941.603
1.424JH2
>18.203,110 ,;.v 18.488.020 A 12/109^25
8*876*506 f.*, 3.883.000
11,125,000
2,645/200
6.637.400 >
5/567,075
.1,079,820
2,669*4:12
4,327.120 A
H3.873
.209«434
j. <„ 179.123
256 722
/
466.3(04 A
778,476
,709 it;<' ■' <• 432/292
621/165
.445,596
:
1417,179 ,^<.,-1*843.001 V
r ,71.550
v
;
384,425 M ^ - 282.640 A,
>•
959.673
32.680
86,142
71^11
89.920
154.685
a -'
*vV 249,482
...
,
'
6.151.670
-
..
'-'866.312
73ft^7f
...;< 217 *621
,,,.*391.061 '■■V-iVi 249,139
^+,117.010 t? ;;; GO.SOS
.
959/18:
4.373,32'
1.929,438
.
,
•■-.-
46,845,'WJ
,V 368.827,
1
307.640
<-£
■■
ii
•-
.
'v
73,750/.;"
-256,917'
C
.
,,
:•
.,v
3,078.500f .:
847.600; ; :
.
.
u.
j
"
•
.
-
::
52,912 ; .V
23.426
40,051
376.207
-
-,
■■
■
323.606
:
<
2l8118
v
/;/'!,
69,410
164.864
837.128 u' 5473T5
1,757.620
j -.4,566,078 :v
760J688
1.545,250 C-.122,158
w.-f 189.605 ?y-,
A..
-
vl
2,426J515
3
339,033
,■
19,360.010
481
2.867,693
:
495.339
,3/261/183
<3/267,283
,7.417.546
..+,123.
.
<—;16-,
•
■
—13
660,052
651,342
.6 41
415.1
'
,
-9,088,076
V
,
+48.0
.
629.625
•
-,1.764*86^
X 939,462
2,445,220
13.625.b95
+16-1
;
.2,577,288
1
-
1.440.854
331.666
854,859
123,568
£97.724
:.1J66.676
.,,370.122
A 622.952
-201,746
*:
178.744
1369.141
826/152
/
10.824,925
1.114,187 n
470.025
307.645
206.252
'•/" 484.706
r-,:. 568,093
2499.442
1.050.214
2.956,950
+12.1
7
324,206
2v68l.273
it 1.000,413
2,5397828
—11.7
.
-
2,791.279;
+ 16.1
,—U -2
.
,
.443.867
325,113
,370.398
+ 16/
645,580
3,676,251
5.224.420
4,712.735
13,913.962
Wayne-
Gary
Private construction accounted only for
1,657,635
,
-
«-o
.'/the tremendous total of $4,690,617,000,
989,000 in 1940.
+ 36.6
—77.0
t>e co
coo
SOPi
tabulations, of the "News Record" figures:
public
6.207,944
/+• 882.,84 4
9r6,881
2,053,304
,
*100.000
146,480
176.390
1,831.586
-
; vt'. ?<v
►
above
>
•
:
1,734.673
15.201,430 ir,
1»,305,000
+ 56.2
-
194,144
542,131
—34.9
•
";+l5.6
+19.3
,.,+15.2
2.203,379
_
4 3i497,837
; • 137.585
1.689.958
;
•
-V.
lis.
-
The
1,071,512
2.856,098
'.fv 506,340
.
Toledo
;.
:sl
^ <a
178.239.967
'
.8,481.224
,
,
Norwood—
Sandusky
Springfield
•o^s-
r—30,3
21.797.975
21.874.000
12250.7,21
26,0 6,000
14.116,665
Cleveland—
«
;
—65.4
377,445
V
.
3.390.940
144,617
+136,6
.385,037
;/•■ *133-,3^>
..-.263,021
698.087
4,460,549
25.198,760
Ashtabula
5,250,633
•
12.420,635
.
.Alliance.——
-•
,.
•3
1?8.175,097
CO CI
00
o©
989.89!
288.573
376,154
,193,662
./
509.083
1,403/405
1.048.669
619.279
918941
.
.
I*406;I85
•4,618.111
•:'• 147.633
-
3/246316
•47347
*
237j645
142,139
f
563.740
384-360
-
*
383/180
139.500
242.820
691.628
•'
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume 155 -Number 4047
$1,178,082,000
BUILDING OPERATIONS—(Continued).
TTNTTED STATER
Federal
1941
Ill
Cicero
Decatur...—............
5
East St. Louis—...—...
Elgin
Evanston.
..............
Mollne..
Oak Park...............
v
•
'
...............
Rockford
.............
Rock Island.............
Sprlngfldd.......^......
>
Mich;-—Ann Arbor»UU'i**»
Bay Oity..——
Detroit
.
'<
2,505,610
Flint
.
Orand Rapids.*....^....
Highland Park
.....
Kalamaxoo............
Lansing
Muskegon.......;......
Pontlac...............
<
.•
1.169.264
6,159,667
1,385,488
3,372,091
2,744,346
1.281,696
2,000,831
1,744,145
10,606.877
986,089
Total Middle West:
0(1 Cities
St. Joseph.............
St. Louts—.. .......
Sedalla
l,5o0,941
...............
,
A
+593.4
+81.6
v
1,677,471
f
783,510
.
2,416,012
553.464
2.703,050
217,749
:
>
1,332,581
715,475
;
1 2,428,355
.203,607
1.189,180
959,422
1,946.468
1,558,758
5:0
.'+16.8
—6.5
i
+ 1.2
+10.1
t
—38,4
'
13,959,472
u1,189,234
61,664,099
i
3,410.728
i 3,019.680
642,498
:+
.
''
1,763,535
1.573,221
-i
403,050
+47.9
+13.3
+40.4
+ 9.4
+46.0
+7:5
+ 96.8
.
r.
;
933,838
1,223,095
3,128,050
336.777
1,982.512
988,625
2,372,736
181,776
1,326,440
"i
1,791,342
95.065
i
817.210
868,866
i
: A
160.427
-
73.153
516,794
312,980
197,550
183.722
349,772
-
375.505
184,314
1,138.336
546.142
552.404
313,119
7,143,326
2,678,285
532,965
475,376
547,300
4,373,765
584,405
17,067,857
t
317,181,564
651,150
3,679,800
338,510
13.639,312
+
13.0
—15.9
+ 18.9
+72.6
+ 25.9
686,468
654,924
175,435
1940.
year
comparison of public and commercial buildings, the
showing a rise to $2,785,585,000 in 1941 from
$1,196,257,000 in 1940, whereas commercial buildings1
advanced only to $485,683,000 last year from
$400,171,000 ;
former
in
1940.
Industrial buildings were actually lowered to
.
$496,176,000 in 1941 from $594,064,000 in the preceding
year.
In the case of waterworks, sewers, bridges, roads ;
and the like the totals did. not differ too markedly for'
.
the last two
years.4;Vv-f
r.There is
a
difference; of opinion; as to
representing the value of contracts
awarded or statistics of building permits may be taken
as
best representing the course of building work, in:
normal times. : In ordinary circumstances the building"
permits have a peculiar and added value as reflecting t
intentions with respect, to the future.
They are, more--
whether
178,807,316
217.707.840
184.187.684
475,200
479,425
3,446,010
381,725
4,050,500
332,677
13,775,132
101,512
1,279,567
11,258,419
9,319,027
158,120
90.005
400,700
3,476,050
195,215
8,735.113
122,230
2,201,791
C2,811,419
282.350
figures
particularly concerned with strictly building work,*
against engineering and similar projects.
over,
as
As to the details of our own compilations, a great and
continuing unevenness in the building trend in different
parts of the country is to be noted.
Even in various
localities of the
area marked divergencies,
tendency was exaggerated
sharply, largely because of the choice of sites for vast
new armaments plants and industries, and the attendant
growth of building in contiguous areas.
97,249,470
71.383,162
282,690
87,385
1.823.700
4.467.100
315.510
11,355,867
for
room
191.404
562,631
888.084
254.955,141
i
t
in
last
amounted
190,589
381,375
306.571
246.942
530,531
348,616
6.264.324
1,
263.084
8,836,558
701,614
472,905
627.180
2,394,320
670,857
12,098.981
1,229,444
1,306,776
570.272
404,510
471,962
425,311
1,326,953
373.294
1*1,000,000
1,121,035
9,731,896
322,892
.,'326.184
677,438
1.449.320
436,011
1,814.003
227,300
403,553
21,222,391
1,433,625
625,045
440,122
168,826
882,072
1,040.185
315,426
771,711
3.853,860
786,547
58.314
374,065
332,906
456.453
1,578,924
1,399,703
734,017
162,885
577.640
265,498
169.946
741,700
99,887
170,653
181,850
910,987
229,090
335,893
626,200
52,909.940
3,669,421
2,500,755
1,622,489
586,893
697,901
1,061,369
7,727.351
947,750
1,078,781
1,632.031
.;
238,046
.1,382,055
1.624,587
923,058
r
282,282
579,122
12,936,409
198,240
588.102
869,123
217,945
792,646
2,509,791
+69.5
+ 50.6
—~4 3.5
'
411,216
!
1.950.676
»+6,8
:
3,740,824
-848,499
'51,430,371
2,481,231
J 1 ,"01,290
•f A 364,837
+234.4
.
%
389,833
2.051.393
1,459,592
+2:1
—91.0
V
803.309
1,576,691
527,970
4 1,123.119
••—29.6
4
$1,162,254,000
alone
a
250,270
:
748.820
481,725
j
199,095
2.793.675
,
+—26t4
796.308
902,713
468.530
21,258,299
■
940,099
535,485
T
■1 2,650,400
V
218,816
—43.2
296.700
346.184
429,433
792,646
$
741,027
379,684
28,806.443
«r
669,805
<
42,280,637
A
..
$
;.
evident.
are
426.250
4.998.4.53
74,000
32,000
1,222,810
981,858
610,862
150,023
4,690,790
132,415
3.113,065
244.800
2.545,408
2,477.146
+2.8
1,933,983
1,465.471
613,970
+ 73.8
565,047
15,646,185
7,679,580
825,608
462,535
449,583
10,224,485
9,751,767
384.833
7,761,710
—0.5
—11.6
374,363
995.213
7,529,855
7,229,131
198,320
Winona.......—...
1,067.186
10,919.265
9,705,178
340,291
7,195,795
7,381.263
206*530
Heb —Lincoln........—.
2,633,478
2,591,196
+ 1.6
1.419.227
—4.5
1,056.446
1,842,602
1,634.375
279,765
132,601
3,476,050
168,500
2,124,772
59,406
3,893,500
46.237
4,354,537
2,155.198
*60,000
971.530
2,306.162
2,356,683
1,251,181
58,504
2,019.440
56,950
303.290
686,905
1,286,422
1,089.822
986,135
for instance,
residential building in the immediate neighborhood like¬
wise gained sharp stimulation, since the workers had to
be housed by one means or another.
Much local housing
authority building work was done to accommodate the
new workers, but private building construction likewise
increased. It needs hardly to be added that workers at¬
tracted to new plants and the communities in which
they were located often were drawn from other commun¬
ities which found the need for new housing lessened by
that circumstance. Much of the disparity in the building
1.952.432
96.715
this
1941
1.512,986
a
new
airplane plant went
up,
482.736
5,469,765
1,599,467
3,859,513
931,349
5,224.820
2,905,092
5,370,549
general
same
In
.
Wherever
358,390.967
.....
,
503.672
..............
Other Western States
Mo.—Joplln
Kansas Olty
;
870,969
1,318,165
............
-
-
14,897,167
;
Superior
+19.0
1,479,934
1,841.748
817,228
2,239,542
1,895,860
2,267,132
+ 27.1
..
501,654
...........-
Shorewood
+2.3
1,971,867
2,342,487
1,198,390
81.138.733
6,473,185
3,259,265
2,114,813
—
Sheboygan
—71.2
337,822
2,225.112
1,399,805
75,825,714
6.548.263
3,588,656
1,303,224
..........
*
;
+2.8
.
,2,128.495
7 2.456.256
3,525.524
■
.
1,172,117
7,156,950
.
789,535
'
Oshkosh
+ 331.8
6.308,015
k; .Saginaw
Wis.—Kenosha
Madison.—....
Manitowoc............
.: Milwaukee .........i..
+
m
636,952
819.237
+ 50.9
939,855
Jackson..
.
+ 101.9
3,5r3,3l8
2,057,293
3,865,670
1,806,995
2,483,296
'
■
889,3f 3
1,530,455
1,046,284
2,930,701
..............
Qutncy
•'
49,607,397
.1*795,551
2,309,115
2,424,896
1,204,787
2,062,950
+41.8
—9.9
+24.2
512,205
Peoria
i
39,828.116
763,001
345,578
freeport..*.
;
A
8 %
$
795,396
A 846,5S7
1,128,037
—Aurora....
Woomlngton
...
Chicago.
.............
.
works
$3,500,488,000, as contrasted to $1,451;726,000 in 1940.
\i Also interesting in the "News Record'V tabulations is
1939
Dec.
(iCon.)%
1941,.: against
to
Inc. or
Middle Western States-
in
Government
Minn.—Duluth
Mankato
.....
Minneapolis
St. Paul...............
;
,
Omaha
..........
110,337
Kan.—Atchison
Kansas City....
662,030
...
298,075
1,541,625
6,239,658
...............
Wichita
•■r
i
m
:
■■■
-«•••:
3.074,527
2,734,695
556,503
2.894.158
5,263,319
728,297
1,988,600
Dee Moines.......
'
Dubuque
815,378
.........
1,454,325
1,586,377
Ottumwa.............
Sioux
>
4,221,706
309,276
306,236
795.117
15,088,811
902,745
13.020,869
1,273,585
..........
Denver
Pueblo...————.
So.
334,486
1,146,386
234,898
+ 15.9
+22.2
10,703,620
820.569
7.673,300
527,692
273,420
1,109,396
416,118
1,131,099
776.283
620,411
325,977
344,250
352,003
1,788,837
5.761,458
—31.4
1,670,395
1,121.867
893,067
959,684
1,625,210
V.\'"-Vr;v;-.T. V
507,027
+ 19.1
38.5
+23.4
Butte................
1,713,860
2.782,681
656,468
672,350
1,119,525
2,971,420
—52.5
+ 13.0
Great Falls—...-—....-.
tive.
For
227,750
1,186,326
2,687,977
463.651
874,950
753,568
2,760,264
which
Ariz.—Phoenix
has been largely
contracts.
occasioned the
neglected in the allocation of de¬
Coupled with local factors, this
extraordinary decline in New York
189,338
799.621
218,047
452,740
*2,500,000
108,457
818,900
2,121.223
887.882
528.837
188,968
350.820
1,513,923
158,059
405.525
1,142.319
1,126,572
940,146
440,155
679,647
579,514
257.885
373,444
5,223.616
73.419
559,408
2,663,411
298,894
165,617
transferred to New York, although at least the Se¬
37.275
curities and Exchange Commission would most cer¬
176,089
500,450
City building permits already noted.
It may be noted, in passing, that the overcrowd¬
ing of Washington, D. C., by unprecedented hordes
of civilian employees of the Federal Government
289,215
626,856
8,890,342
647,845
8.337,479
233,899
•
of the Federal agencies which are in the background
during wartitmes.
+
•
683,277
285,849
199,004
1,178,049
1.160,361
437,023
338,386
185,468
281,279
209,000
98,970
74,415
462,177
793,151
3,911.362
424,615
1,236,904
3,373,630
357.886
65.322
272.092
1.272.792
88,104
1,041,727
263,042
149,517
745,693
386,458
73,000
,
275,570
169,980
575.739
—2.6
397,391
1,554,108
5,228,795
1,402,979
3,974,615
+48.9
—20.5
—41.0
839,996
311,261
989,958
764.550
344.045
497,020
882,140
691,795
709,230
648,232
67,678
392.983
429,981
690,865
422.420
354,490
144,437
j
+ 19.6
1,124,008
tainly
184,1TB
659.178
1,893.768
37,449
be
better
Not
situated
little
to
order in
any¬
be
gained
attempting
by
to
find
basic
a
As might be expected, the building permits in Wash¬
ington, D. C. showed a sharp gain in our tabulation for
against 1940, the increase being to $49,869,505
$42,717,450.
This, of course, fails to reflect ad¬
equately the situation in the national capital, where
1941,
as
from
1,694,054
1,188,389
2.067.095
1.068,960
398,301
—9.1
1,139,673
555.000
1,262,896
135,000
904,120
—19.4
1.000.032
125,360
902,617
94,820
172.850
59.301
3,801,075
1,352,504
—29.5
3,935,539
1,531,661
2,080,892
810,959
1,283,563
2,054,350
1,825,718
1,140,146
+ 26.8
2,759,361
1,598,624
public housing projects and Federal buildings of all sorts
grew in 1941 like mushrooms in wet sod.
The housing
shortage in Washington became so acute early in 1942
1,297,474
673,391
that President Roosevelt felt moved to suggest removal
81.278,248
68.277,167
30.763.486
972,816
1,946.044
397,263
983,835
844,017
1,354,384
3,013,921
848,394
114,578,699
+ 10.0
110,134,613
80,707.860
1,572,195
2,295,063
1,812,281
2,854,370
5,646,024
3,009,323
1,806,533
3,337,642
3,360,623
+72.2
+ 23.7
5,179,594
2.588,214
1,431,590
2,766,318
2,052,592
677,464
2,461,037
1,753.205
2,330.195
4,868,680
•
Berkeley
Beverly Hills..........
Burllngame.^.—....
2,993,794
Ooltou................
Compton
+ 52.5
1,787,067
+ 16.7
*606,468
337,976
513,077
+ 79.4
851,280
3,770,089
......
647,193
5.009,054
Glendale
Huntington Park..
Long Beach........—
1,226.544
32.712.680
Los Angeles
National City.
87,238,818
*754.877
15.816.681
Oakland......
Ontario...
697.938
164,689
Orange
4.283,170
548,959
913,114
1,220,363
Pasadena
Piedmont
Pomona
"
City
,.
8,641,334
1,651,242
...
Diego.
4,423.518
5,166,541
432,492
...
San Mateo....
San Rafael-...
....
South Gate
......
forrancs
..........
Venice
Ore.—Astoria....
Klamath..
14,029,640
t
....
W ash.—Aberdeen
Hoqulam
reattle
Spokane
Tacoma
Vai co uver
669,104
.
Portland
Salem...
A
294,255
153.939
28,398,160
5,155.047
7,369,375
1,379,380
—16.6
—8.3
+ 145.7
+ 17.4
+ 14.6
—4.7
—16.0
+ 112.0
+ 6.2
—5.0
—24.3
—23.9
+283.5
+ 23.8
;
—6.9
+ 13.4
3,470,218
3,147,120
1,064,008
494.626
'
1,011,312
210,986
554,389
2,584,916
282,480
4,915,344
1,014,499
11,508,480
67,826,669
618,067
9,114,534
1,049,610
239,845
3,583.173
353.449
1,245,055
1,137.268
760.580
1,260,914
1,224,904
2,520,646
■!
11,009,114
8,241,862
24.950,593
1,845,143
3,045,725
2,512,304
+258.7
+ 16.3
—7.1
; +18.2
+ 11.7
23,232,331
1,551,475
2,938,239
2.267,351
389,265
3,425,810
554,746
+ 1.0
+ 8.3
+ 12.9
+49.6
3,695,955
3,260,954
I 1,469,411
421,417
3,858,124
+90.9
+ 59.6
591,553
3,003,808
320,249
933,727
10,348,880
—28.3
+
1,833,380
"
373,171
113,547
19,488,770
5,102,938
3,621,698
1,137,993
1,202,522
153,256
3 '1,327 055
9"V35,<»nfi
2,160.026
752.705
5,181,868
1,354,573
8,147,680
62,653,541
I
:
410,280
170,133
85,087
9.152.898
3,304,489
1,785.441
446.627
390.864
258,033
753,155
273,940
203,691
2,056,967
214,493
638.849
2,004,699
771,094
6,864,188
31,672,983
89,495
9,685,368
425,5&3
190,050
232.378
83,218
4,281,376
733,885
890,154
757,001
812.527
1,294.183
4,943,771
2,104,847
3,511,726
1,028,279
842,859
552,956
2,250,650
8,278,505
63,170.944
404,517
8.390,095
635,656
8.223,350
20,245,440
802,169
2,352,360
1,886,329
386,175
3,615,136
1,033,309
274,039
8,688.815
9,002,137
19,927,148
12,517,412
678.658
349.454
1.993,855
1,670,493
1,328.360
592,944
145,229
1,311,769
372.032
1,059,704
204.895
a
452,218
453,066
969.777
1,643,716
2,045,793
561,711
1,066.057
2.464,590
1,054.031
1,609,580
453,978
951.528
*500.000
247,664
101,005
6,538,505
506,745
762,723
2,895.522
1,669,571
382,786
588,120
932,596
204.779.826
188.468.978
*
555,124
392,934
248,800
270.684
831,776
1.984,927
759,501
4,951,991
211,463
581,525
8,671,285
1,156.227
232.271,727
+21.2
—48.3
418.509
407.313
300,702
+34.0
+ 103.5
:
1,806,380
2,689,461
4,331,510
1,001,319
174,570
455,853
298,381
5,129,880
1,309,3*9
6.743,075
1,699,171
27.7
+1.0
307,348
3,038,156
296,961
148,433
:
65,390
11,615,600
3,798,814
2,388,004
567,460
633,972
1,073,511
+35.6
+45.7
936.300
584,985
9,520,045
955.712
f
—21.1
352,292
752,711
1,828,133
••
+ 35.6
1,637,854
1,327.445
825,242
1,677,653
3,143,873
1,000,307
+35.0
not
called
"parasites" from the city.
as Mr. Roosevelt
134,250
104.658
3.385.200
348,350
;
131
88,597
45,190
3.575,360
1,564,284
817,554
334.134
573.344
659.650
1,886,528
163.651
105,234
256,612
90,774
216.222
801,398
123,442
933.524
572.621
2.629,670
14.591,595
39,063
2.802,210
274,302
130,546
1,663,232
142,513
was
may
have
Notwithstanding the disparities among individual
com¬
-
.
munities, the general building trend in most of the great
areas and regions of the country was upward
in 1941.
New York
the
and
City building showed
Southern
area
moved
an
off
exceptional decline,
1.78%.
The
Pacific
where many of the enormous airplane plants were
located, showed an increase in 1941 of 34.03% over 1940.'
New England, which also was busy with armaments
orders, advanced 15.41%. Lesser gains were disclosed in
area,
the Middle
Atlantic, Middle Western and Other Western
regions.
We
now
present
an
instructive geographical
compar¬
ison of building activities covering; the last eight years:
AGGREGATES
OF
BUILDING
PERMITS
BY
GEOGRAPHIC
DIVISIONS
316,802
83,159
159.614
387,384
1.444,484
622,011
2,575,714
7,309,635
118,147
1,324,005
531,368
52,351
Calendar Years
New England (59)
122
Mid. Atlantic.(72)
178,175,097
Mid. Western. (66)
Other Western(45)
Pacific
...(51)
Southern..J..(60)
644.236
259,025
1,678,664
138,807
488.251
Total..... (353)
SS8,968,417
New York City...
326,631,135.
Total all..(354)
1.215.599.552
90,333
193.376
2.301,431
286,899
45,187
515
286.155
496
395.934
880
619,254
45.220
2,187,525
753,917
612,592
1.273,182
109,482
373,167
104.286.290
56.144.427
203
6.281
3.945
1,444
This
everywhere construed
1935
j, 1934
$
New England (59)
Mid. Atlantic (72)
Mid. Western (66)
Other
Western(45)
(51)
Pacific
Southern.... (60)
Total
86,816,246
178,239,967
217,707,840
81,669,434
188,468,978
168,659,320
(353)
921,561,785
New York City..
+
Total Pacific:
1,844,392
3,011,793
3,342,758
1,064,285
297,319
1,144,529
240,574
694,950
3,581,658
465,008
5,074,611
1,102,242
12,186,040
74,790,441
549,121
11,082,933
i'H 555,840
171,910
3,371,990
382,057
1,154.977
1,135,108
i 1,159,072
1,631,700
7,030,644
2,617,026
!.
887,987
941,852
459,056
Walla Walla
Yakima
+65.9
+ 0.9
+ 1.5
623,470
804,397
6,158,294
...
San Gabriel...........
Stockton
1,604,416
2,253,407
4,791,376
5,833,951
2,742,564
.......
Santa Monica
16,603,807
831,193
177,687
4,032,313
577,752
1,205,575
629.885
3an Bernardino........
+ 39.9
658,561
8,224,422
2,319,290
51,070,588
37,256,229
2,393,943
3,708,125
3,760,940
—•
Sen Francisco
3,738,171
637,659
6,007,500
1,337,542
13,316,465
74,300,510
1,333,818
8,832,448
2,045,351
14,236,635
32,042,968
2,575,814
3,138,380
3,366,935
Riverside—...........
Sacramento
—10.9
2.085,467
Eureka
Richmond
—14.5
291,588
—.......
......
+ 0.3
938,593
208,424
1,431,770
Emeryville.......i..—
1
than
+117.8
126,076,014
...
R1
York
1,687,570
81.669,434
Alhambra.............
Bakersfleld——
,
New
Washington-stimulated building activities.
intended.
Pacific States—
Calf.—Alameda
,
in
was
where else, including Washington.
With capricious
factors of this nature to deal with, there is obviously r
of what he
45 cities..——.
San Jose
of these agencies
1,317,684
272,469
Total other Western:
San
one
1,883,848
1,714,357
Tusson—
Redwood
>
entirely clear, the
1,720,337
219,725
...
Sheridan
; Fresno
Fullerton
not
2.679,515
Wyo.—Cheyenne
-
are
3,674,810
Idaho—Boise
i
York City building conis perfectly illustra¬
levels
lower
reasons
great Metropolis with its vast stores of skilled labor
'
241,337
2,139,275
5,614,001
Montana—Billings
184,800
The sharp trend of New
struction toward
made necessary the removal to other cities of some
263.730
City...
i
+
479,952
.
Ogden
1 \*
+ 1.0
—11.9
+ 12.0
—26.9
806,980
.....
Utah—Logan
tv
13.2
+6.4
850,762
3,357.566
5,732,998
1,083,908
1,220,150
1,189,265
2,932,597
.910,486
Grand Forks
1,678.953
366,419
1,807,125
+ 15.1
664,967
Ml not
Salt Lake
1,844,063
143,500
1,854,264
3,175,574
241,920
1,179,232
2,872,139
—19.6
540,593
1,524.185
No. Dak —Fargo—.
*04.434
fense
257,046
1,814.991
Dak.—Aberdeen......
vSioux Falls
:
1,940,445
3,692,514
+6.2
+ 13.0
1,042.127
Colo.—Boulder
Colorado Springs
■■
—26 3
—31.6
—503
r'3.6
+ 102.9
1,401,919
3,968,849
Olty...
Waterloo—...........
4,334.858
171,147
trend is due to these factors.-
2,574,664
628,667
2,326,130
6,056.035
Davenport
>
6,955,164
^
Y
Iowa—Cedar Rapids
Council Bluffs
.
968.435
148,100
1,178,511
Leavenworth
Topeka
149,737
+6.8
307.418,752
Total all.. (354) 1,228.980,537
64,457,383
50,685,402
166,375,080 105,434,934
184.187.684 97,249,470
81,278,248 58,277,167
178.065.685 104,286,290
161,298,267
88,699,494
37,657,768 31,989,491
70,949,829 54.995,427
71,383,162 31,969.471
30,763,486 26,318,791
56,144,427 100,937,017.
52,019,055 34,903,798
835,662,347 504,632,757 318,917,7271281,113,995
211,225,454 152,603,654
80,576,288
1,046,877,8011657.236.4111399.494 015
74,210,983
Before
presenting
ations which
general
the
detailed
and
have prepared, we note
we
ing
statistics for
are
included, reflect improvement
on
UNITED STATES BUILDING OPERATIONS-(Cone/udM).
compiL-
that the build¬
Dominion of Canada,
the
an
Inc.
which also
or
Dec.
important and
$
T-
%
Southern States—
widespread scale.
The Dominion
out the year, and
at war through¬
was
the sharp increase of activities in the
rather well
_
Roanoke
The 56 Canadian
sustained building gains.
of
found their
that
some
were
Only
a
few Canadian
in the thick of
+ 0.5
631,178
4,286.627
+ 19.2
2,628,421
Winston-Salem
materials production
war
1,390,056
2,474,012
......
Durham
Greensboro.*...***.
Raleigh
.........
Wilmington ........
communities
building activities lessened last year while
22.2%.
Columbia
1,059,630
Ga.—Atlanta .........
,
6,747,866
•
837.340
819.946
2,550,163
1,781,859
170,743
171.389
3.558,468
+61.8
691,030
3,513,771
3,017,020
1,331,000
2.297,241
2,121,214
269,388
676,798.
71.488
1,236.262
685,594
166,363
302,813
1.488 370
1.129,655
1,074,276
+ 908,979
331.163
2,741,370
.1,885,220
1,843,515
363,269
749,587
*200.000
2.261.676
2.117,255
1,678.880
.
428.626
613,966
294.188
2,394,364
1
560,923
866.796
2.311,979
32,737
1,730.720
1.706,732
.
2,907,597
2.954.874
1,866.048
3,848.382
2,467,090
2,068,536
+ 64:9
—59,8
—5.9
1,105,377
4,175,888
2,208.743
788,834
675.665
618.702
290,670
-
*100.000
*75.000
1.498,992
1,072,016
352,127
570.767
■1,368.218
618.600
919,182
2,221,732
2,826.9*3
889,662
+31.4
2,828,878
2,148,381
1,151,103
1.121.009
,+-21.-7
4,310,749
+ 19.1
726,093
1,714.135
1.019,953
1,570,102
1,196,649
2,170.480
1.803.542
9.0S9.293
1,5 "6.282
2.214,133
Greenville..*.*...*.
+ 12.9
: 1,101.033
570,857
754,319
—28.8
1,615,023
2,674,816
1,502,651
9.346,198
2,920,465
8. C.—Charleston
repprted large percentage advances.
+ 18.4
+ 21.2
1.037,782
567.243
4,581,111
352,248
4,524,045
998,057
5,714,689
+ 18.8
—76.1
752,500
4,839,966
2,613,340
1,903,439
2,478,388
*3,755,828
—
Charlotte
gain
6,3*2,460
1,396,918
N. O.—Asheville—_
against $79,034,216 in 1940.
mits in 1941 of $96,569,377,
270,652
Petersburg
Richmond.—
s
$
^
1,318,525
447,254
5,890,747
284,732
7.222,627
1.167.675
—14.3
3.,689.05&
23,275,018
228,544
5,267,908
5.564.913
Norfolk—
cities included in this tabulation reported building per¬
1.327,885
1,138,381
4,3i4,3 5
Va.—Lyuchburg--...-.
Newport New*
sphere of armaments clearly had much to do with the
a
Tuesday, February 17, 1942
THE COMMERCIAL & FINANCIAL CHRONICLE
734
—25.8
—47.4
9,089,293
1,511,535
3,796,202
704,622
4,621.909
4,422,223
392,660
721,809
2.557,881
757,756
718.586
Macon...
1,417,589
913,878
+ 55.1
913,878
500,556
844,740
*900,000
752,858
927,318
365,339
383,156
Savannah
1,993,515
2,145,129
—7.1
2.145,129
1,991,675
1,087,362
1,551,097
366,853
377,210
12,066,?34
13,692,2i6
2,700,791
1,608,605
4,587,607
10,452,153
15,214,518
+ 15 4
10,452,153
9,990,135
5,400,267
3,373,645
2,284,622
—10.5
15,214,518
12,009,757
14,003,604
5.227.325
12,614,824
5,478,559
—7.1
f 1,725,475
{■ *800,000
1.569,425
3,017,376
532,320
1,521,354
885,375
681,900
1,282,<34
3,075.476
2.066,958
1,268,911
842.700
2,000.960
1.231.782
9,486.787
932,579
Augusta
Class I Net
Railway Operating Income
Miami
......
Commission has issued
statement showing
a
for Class I steam railways in
month of November
Montgomery
........
Miss.—Jackson...*..T.
Vickiburg....^-.i.-.«
eleven months ended
revision and were com¬
Shreveport
piled frem 132 reports representing 137 steam railways.
Texas—Am arlllo.......
switching
excludes returns for Class A
statement
present
and terminal
*
'
follows:
$
3
income„^__
Total
income
San Antonio
1940
chgs.
chgs.
1,068,472
Total fixed
aft.
Inc.
fxd.
struct.
Fed.
income
141,290,155
13,338,779
425,105,137
124,421
1,308,030
52,469,295
567,703,322
1,377,231
564,829.087
31,521,150
1,011,049
456,247,095
11,169,426
17,150,375
5,491,485
198,412,132
166,756,061
stock
51,481,719
28,865,684
pref. stock
4,383,447
6,909,890
134,413,933
24,064,519
'
—Class I
97,661,078
22,402,041
bds.,
Temp, cash invest.'
Special deposits&
678,064,941
73,252,104
665,734,833
131,450,032
229,732,873
94,014,195
165,507,506
529,855,764
68,983,647
75,565,894
1,142,676
1,624,998
948,263
1.179,159
26,324,095
28,321,416
24,807,028
Net bal.
from
rec.
agts. & conduc.
accts.
Mater. &
rec-
77,955,776
177,078,761
suppl
437,032,495
Int. & divs. rec
29,035,434
1,547,600
Rents
receivable-
Other
cur.
Ttl.
cur.
assets-
60,854,629
53,133,974
135,200,855
329,535,970
10,409,836
105,344,375
257,235,599
1,509,498
8,493,513
1,084,179
8,064,444
1,035,374
6,212,232
27,536,006
1,563,706,192 1,138,282,918
Traf.
&
93,113,927
110,425,503
66,257,840
109,329,544
3,772,750
31,746,762
61,559,999
46,550,266
42,656,768
31,495,258
315,819,130
50,453,259
33,223,131
258,188,851
249,114,317
61,131,810
37,591,789
204,112,245
49,069,845
26,172,941
29,362,045
22,414,640
4,510,247
1,506,047
4,146,135
1,141,763
86,839,883
90,233,140
68,497,594
67,396,467
52,607,675
44,989,618
52,607,675
30,596,538
31,505,939
27,733,121
liability
350,266,019
225,877,177
305,392,776
44,989,618
27,893,523
183,822,146
liab._,
44,080,936
39,135,635
30,943,760
accts.
Unmatured
divs.
cur.
accr..
tax
U.
S.
Oth.
liab. 1,087,658,841
cur.
of
934,620,968
851,818,730
692,788,132
accr.
liability:
govt.
tax.
•Represents
97,966,782
follows:
the
accruals,
November,
eleven
210,307,850
127,910,395
95,084,926
Including
the
ended
debt
after
close
SIncludes
date
of
tIFor
94,203,419
415.626
563.609
4.328,102
1.085.525
3.370,878
1,229.826
6.961.396
4,074.051
383,669
1.579,414
940.613
6,666,972
8,641,782
4.000.137
1,564,932
18,460.966
4,594.381
669.974
562,029
1,465,686
136,846
480.236
675,756
243,911
134,540
165.151
227,414
374,616
10.550
323,885
84,130
5.773.085
193.507
8.175.951
300.413
16,025
3.285,940
12,033.008
2.573.040
1.582,210
2,809,408
2,794,588
1,380,166
529,180
4.800,873
399,431
1,216,147
482,927
327,757.
2.790.391
260.107
126,678
513,963
13,171
8,088,925
5,089.731
i
v
5,577,487
3,263,243
3.633,006
1,908,478
>
;
894.698
150.000
*100,000
3,031,614
2,158,728
,
18,684.035
4,553,778
313,095
2,442.292
7,225,820
:
15.527
374,114
65.525
214.666
470,551
-66,409
575,757
1,226,724
2.749,303
■
1.302,1621
.
28,869
.53,595.
18,505
1,757,106
972,000
841,027
1.251.044,
+
1.880.741
3.223,914
3.594.192
1,732.250-
2,975,375
4,344.154
359,398
777.478
293,060
155,618
925,382
4,514,249
775.520
5.948,581
79.306
426,892
974,060
3.419.359
2,419.359
34.975
168,659.320
88.699.494
52,019.055
1,589.791,881 1,215,599,552 1,228,980,537 1.046.887.801
657.236.411
399.494,015
1,367,665,077
318.917,727
410,303
10.097,959
6,295,280
5.277,561
.
:
*200,000
+42.6
'
1,539,930
1,539,930
—16.5
5,145,254
+ 0:2
J- 5,145,254
200,000
—24.0
200,000
1,040,931
3,848,351
300.000
268,185,088
266,055,262
174,792,196
1.395.668
i
334.066
150,979
53.050
-
888,968,417
921,561.785
835.662,347
504.632.757
10,205,422
8,208,294
6.905.323
7,455.436
925,400
1,945,9 51
750.690
769.565
515,077
833,400
586.700
816,835
278.100
2,141,695
ADA
12,547,282
797,550
11,427.632
273.300
11,427,632
273,300
+ 19.8
+ 191.8
*2,000,000
1,589,500
+ 51.3
West Mount.............
160,233
Ont.—Belleville............
233.220
145,440
,+60.4
322,882
166,757
105,282
479,436
2,611,108
320,140
117,735
+ 93.6
—10.6
Brantford
Brockvllle—
Chatham
...........
William...........
Fort
Ouelph
;:r" Hamilton
.............
2.666,647
1,452,435
1,171,276
1,072,680
987,070
38,745
328,776
—12.3
-
>
476,191
406,046
i
145.440
194,306
117,735
464,539
931,576
396,255
+2'.0
931,576
321,784
232,230
+ 180.3
—0.5
+ 11.9
\
5,562,493
946,889
—47:8
-+13.6
5,562,493
946,888
i
839,300
!
4.037,290
;
8,600
227,203
1
134,477
I
503,8
+ 3,934,9.
105,377
1,260,251
697,964
1,237,086
L.
612,260
152,898
372,770
1,320,700
10,619,613
+54.7
423,945
1,037,290
+23.7
+27.8
—4.8
839,300
8,535
+ 354.0
+23.1
1,057,454
4.860,615
267,048
138,275
516,590
+ 104.7
3,789,675
+28.3
429,727
1,053,511
105,377
1,260,251
+ 307.8
—16.4
697,964
+ 282 3
242,648
+ 75.5
495,880
285,730
152,778
2.325,908
392,733
615,092
145,602
272,648
175,000
1,694,189
360,629
892,247
949,790
161,602
967,769
100.000
207.500
141.226
100.200
1.466,906
253 398
449,123
672,745
*25.000
7.300
270,703
44,100
186.740
84.000
218,760
108,022
w
2,307,770
1.781.855
4,096,240
66,848
199,686
708,143
793,227
355,950
52,106
192,830
173.410
269.165
49,452
195.880
212,671
823.398
226,340
164,071
225,341
v
138,267
t
„
+239,822
V
296,780
4,147,116
2,655,995
2,015,114
+ 105.8
....
1,206,967
+ 120.1
2,015,114
1,206,967
103,085
5,137,509
176.916
426,144
747,444
405,698
415,066
189,296
173,752
1.354,115
8,494,340
146,663
970,948
1,080,415
2,038,049
777,433
1,401,652
707,997
+45.4
1,401,652
1,431,142
1,488,326
+9,8
707,997
396.084
354,564
214,608
233,534
.214,608
55,299,392
360,446
.........
Ottawa
....
Owen Sound
■*
+*
«• »
# «► Mi m
m m m
Arthur......
2,668,448
Catharines..........
1,5*9,347
Sault Ste. Marie—......
1,151,255
St. Thomas.........
374.953
533,006
689,?30
.........
.
+
1,237,08,6
612,260
152,898
372,770
28,5
+88.0
+ 145.2
+430
>
_
:
+
.
188,110
109,181
152,450
388.688
282,869
1,887,622
213.928
589.325
-1-.835,110
*120,000
82,862
26,875
125,300
495,880
369,630
<
...........
%: Oshawa
-
85,006
150.395
708,140
55,000
309.849
314,450
655,555
471,365
V
■
.635,493
354,825
415,308
126,025
465,766'
775.550
1,836.000
356,378
549,718
;
139,000
■
232,230
—10.5
,
649.718
841,740
383,417
119,340
273,563
'
470,108
259.947
4,977,193
Niagara Falls....
North Bay————
Sudbury
-
Welland
......
........
—............
York
....
N. 8.—Halifax
Sidney
John
1941,
months
or
trusteeship the net income
$31,707,814;
ended
November,
November,
1941,
1940,
9,171.360
655,745
in
of
was
........
Total East (38 cities)..
Western Canada—
Man.—Brandon
East Klldonan
St. Boniface
„
m mm •*«*•» m m
......
Edmonton
.........
........
Deer
....
Bask.—Moose
Jaw
default)
of
eleven
1,022,831
+257:8
292,122
+39.3
69,506,134
54,944,831
258,648
38,600
929,614
360,446
15,000
1,050,785
3,329,100
4,006,850
2,677,385
3,422,925
464,787
117,818
obligations
issue.
which
will
become
which
debt (other than long-
due
within
six
months
not
more
than
2
131.320
128,350
137.052
443,960
79.545
.
701,165
78.455.
283,586
35.000
53.850
621,700
135,006
110,078'
772,185
+ 141,398
234,449
1,257.000
'
"
671.840
60.000
69,819.
18,450'
.50,970
16,800
149,238
101,807
151,648
257,340
42,261
127,202
133,670
1,474,395
11,238,900
123,229
1 012,565
2.002.850
9,905.455
7,378,772
231,429
3,524,699
1,650.250
107.465
703,970
2.002.850
74.609
675,149
1.432,700
108,326
170,102
641.100
1,113,998
179.396
1,545,824
749.428
+
+26.5
—28.2
74,992
240,876
978,228
261,000
100 292
211.244
200,669
256,420
43,850,302
42,591,170
26.810,902
37,539,622
25.617.701
50,085
14,220
1,030,280
1.985,900
57,310
45,000
333,949
2.152,100
113.235
111.235
26.350
110.540
44,758
17.300
80,640
911,311
667,809
1,022,830
292,122
+ 157.3
14,000
—11.5
1,051,785
3,329,100
+ 20.4
54,418
12,400
97,279
1.407.450
2,678,841
—0.1
2,636,870
465,653
147,540
+29.8
—0.2
—20.1
2,678,841
2,636,870
465,653
147,540
2.723,400
707 650
874,286
676.535
94.384
+ 314,7
113,308
269,857
+40.2
1,052,919
1.150.215
+ 9.2
—37.3
269,857
1,052,919
1,150,215
54,103
21,060
79.561
+66.4
—85.3
+ 159.3
54,103
21,060
80.771
2,806.340
865,560
205,117
75,620
'232,298
687,094
61,41b
56,165
100,687
121.836
632.944
144,650
9,330
118,481
291,696
79,725
13,530
2,650
23,000
845.287
895,440
200.414
56,910
46.041
242,255
191,088
57,818
95,428
463,941
249,901
28,830
173,262
358,865
223,955
72,155
68,270
89,325
+
477,780
448,585
22,568
36,630
39.513
-
27.836
61,700
British Columbia—
—1.6
862,206
8,053,725
-
-
*33,000
172,595
210,490
541,715
+ 14.4
118,442
31,607
6,760,880
479,108
70.110
5,780
77,695
1,418,822
432,112
2,142,195
862,206
8.053,725
1,767,120
+ 21.2
1,736,701
Total West (18 cities).
after
years
railways in receivership and trusteeship the ratio was as
206,280
24,089,385
+ 12.3
24,079,100
19,274,126
13,648,345
10.216,543
10,464,533
4,651,438
27,063,243
96.569,377
79,034,216
+ 22.2
79,378,492
63,124
56,239,515
37,027
48,004,155
30,269.139
Total all
Westminster...
Vancouver
*
months, 1940, .60.
Yorkton
New
'
mature
720,985
90,013
3,090
Swift
report.
,
406,786
391,368
378,311
1,149,791
$33,745,846;
$418,178,163;
November, 1940, $206,112,112.
month
1,321,600
10,619,613
423,945
3.660,054
N. B.—Moncton.
Red
lows; ..November, 1941, .88; November, 1940, .83; 11 months 1941,
11
1,999.729
89,618,727
amount in default.
tlncludes payments of principal of long-term
term
1.154,897
10,987,285
10,921,355
7.665,320
Weyburn
months
+11.9
+48.2
—47.7
:
+ 70.5
—60.5
Alta.—Calgary
123,435,362
tPor railways not in receivership
as
2,250.768
406,046
....
Lethbridge
for
10,097,959
5,384,033
1,189,684
8,744,048
1,754,404
244,273
1,043,749
2,648,943
•+12.6
"+44.8
1.286,465
5,751,444
3,822,060
25,044,053
4,676,681
1,228.903
—33.4
3,224,134
155,243
1.414.390
1.321,804
2,086,567
22,622,320
13,687.218
2,345,492
+ 133.9
8,088,925
5,089,731
334.070
1,444,667
7,742,810
3,209,517
1,263,567
'
4,848,932
—48.9
811,000
.......
Rivers......
Winnipeg
226,830,657
than U. S.
govt, taxes
...
3,057,079
4,848,932
2,0>6,568
1,762,971
'1,656,950
475,760
St.
-
Total
+7.9
+ 1,0
+326:5
+ 160 4
—20.7
211.315
3,473,282
Canada-
Quebec—Montreal.........
Windsor
declared
Unmat. rents
Analysis
Eastern
Toronto
&
payable—
tax
+ 45.-9
'
166,855
700,987
603,327
4.424,854
2,518,071
28,705,865
car.-serv.
accts. pay._
Int. matur. unpaid
Other
24,243,888
13,687,218
Barnia
Div. matur. unp'd.
Unmat. int. accr.
Accr.
THE DOMINION OP CAN
Port
57,702,024
Misc.
'
354 cities...
Bt.
bal.—Cr.
wages
2,591,656
1,540,019
12,424,673
3,057,079
2,591,656
1,540,020
12,424,671
Outside New York:
Peterborough...........
■
130,547,731
SLoans & bills pay.
Audited
Total Southern:
60 cities.....•
Total:
Kitchener..............
London.........—.*...
Midland
132,374,049
Fund, debt matur.
within 6 mos.t_
+ 11.4
,
2,240.012
13,412,272
3,088,363
20,680,191
5.433,765
19,228,676
6,991,143
■'
263.390,571
Newport
Kingston...............
342,491,559
26,875,282
assets.2,029,381,960 1,431,508,021
Selected Liability Items—
4,813,981
5,156,109
*152,032
40,527,840
30,353,878
>
—24.5
584,910
1,285,707
....
Gait—.
car-serv.
bal.—Dr
Misc.
490,778,009
141,619,576
Loans & bills rec.
Traf.
459,197,310
570,504,980
892,360,703
—
3,785,792
98,809
<
1,499,636,524 1,375,803,161
........
Lexington
—
Louisville ........
Three
31,466,230
Cash
876,506
15,284,980
468,510,
1,652,812,511
...—
her brooke.
Sluebec
$
536,173,715
cos.
+ 34.9
14,964,180
2,814,547
........
Out rem out............
1940
1941
of
those
affil.
Railways Not in—
Balance at end of Nov.
-.:-194Q
5
$
other
etc.
than
1,276,957
+42.0
■
989,197
+ 1.26
Receivership or Trusteeship
Railways
Balance at end of Nov.
1941
2,850.503
+ 146.1
882,114
5,728,904
'
1.80
1.60
•
Selected Asset Items—
.
4,787,137
1,276,957
4.669,411
2,519,351
...........
353dtiesL.......
in stocks,
468,283
919,957
4,481.454
2,128,295
15,284,980
306,000
30,80k
5.3 >9,494
.....
City—
Ky.—Covington
55,565,097
URatio of income to
Invest,
1.209,771
897,308
4,358,500
847,600
'
;
com.
On
All Class I
813,887
102,201
........
.....
Nashville
188,350,231
8,210,697
1.61
726,403
—49.0
—40.5
Knoxville
134,412,376
'.
196,541
126,678
513,963
13,171
Memphis
145,581,802
11,626,796
444,620,299
i
283,436
64,613
Tulsa.
131,820,539
431,631,317
39,006,095
On
charges
—9.6
+ 55.9
Okla.—Guthrie
710,410,889
Divid. approp.:
fixed
744,779
+ 60.7
Okmulgee
30,510,101
taxes-
1,254,372
2,313,146
Muskogee
18,213,628
(way and
& equip.)
Deprec.
;
1,973,177
177,696
1,869.154
169.382
1,668,527
27,808,633
29,225,516
income
tNet
3,365,486
3.606.914
738,219,522
83,990,445 1,023,950,417
30,293,988
Contingent charges
deductions-
—21.7
+ 33.4
Tenn.—Chattanooga
deduct-
•Interest
414,952
3,460,392
—?2.7
30,554,483
Rent for leased rds.
Other
423,830
1,415,150
244.273
134,527,053
2,503,355
11,079,908
38,291,661
121,135
49,492,704
791,553
1.551.394
503.944
—16.5
1,067,445
1,345,389
1.038,560
603,692,469
Fixed charges:
equipment—
1,208,590
2,411,894
2,475,028
1,411,904
2,345,492
916,788,520
137,716,380
86,493,800 1,054,504,900
79,786,692
997,592
+ 102.7
Ark.—El Dorado.......
Oklahoma
++/. charges
2,350.140
Little Rock..........
Months of-
14,933,571
2,607,910
1,898,657
188,813
Wichita Falls...
Inc. avail, for fxd.
and
........
71,560,229
3,629,762
82,394,602
Misc. deduct, fr. inc.
Houston
$
68,764,840
inc._
oper.
ry.
Other
3,397,485
3,129,231
...
—
Ft. Worth...........
Galveston
,
1941
1940
1941
,
El Paso.
'
'
-
,
2,964,056
Fort Smith
—-For 11
For Month of November
Net
-
ALL CLASS I RAILWAYS
,
Dallas
The report is as
companies.
7,628,809
2,885,818
Beaumont
.The
—22.8
3,142,221
New Orleans.........
These figures are subject to
7,728,809
2,475,028
1
1,252,738
20,6-4,724
.......
Charles
Lake
+ 5.1
'■=
2,857,784
La.—Alexandria
November, 1941 and 1940.
—21.8
5,963,420
.....
Mobile
the United States for the
and for the
5,c64,147
3,523,498
2,908,368
2,706,056
5,864,147
3,523,498
2,710,801
160,641
Tampa
gate totals of selected income and balance sheet items
—-40.6
2,908,370
3,704.340
Ala.—Birmingham
the aggre¬
367 930
2.706,056
2,014,285
St. Petersburg....
of Statistics of the Interstate Commerce
'
5,015,696
Orlando
Pensacola
The Bureau
829,693
V
.........
Fla.—Jacksonville...
.
,
2.514,488
fol-fr
Victoria
(56 cities)
848,063
9,216,520
|l.22;
*
Estimated,
f No figures available.
3,892,665
518,463
760,695
Number 4047
Volume 155
and Investment News
General Corporation
RAILROAD
Charles
C.
of
of
Read
Dillon,
of
Frank K.
and
& Co.),
& Trust
Bank
National
directors,
new
as
Nov.
President of
former
Day,
sidiaries.
made
was
&
of
directors
Surety
all officers
were
Risk
Special
Division
elected
was
and
Secretary
B.
L.
School
In
Field
dent of
Agency Division
Life
Supervisor,
to
Two new officers were elected,
Agencies.
<V;
Manager, Mortgage Loan Division.
In The Automobile Insurance Co., Kenneth T.
**
of
basi3
Net
stock.
State
a
share was declared on Agricultural
dividend
of
50
cents
share
a
$4,252
*451
68,435
27,606
♦2,326
$72,686
1,000
11,542
3,300
$4,671
36,553
profit
$10,478
43,430
$61,144
53,977
$26,923
67,432
Dec.
...
,
the
an
extra dividend of 10 cents per
quarterly dividend of 40 cents per share on
payable March 16 to holders of record Feb.
were
paid on this issue on March 15, June 16,
regular
the
and
both
stock,
common
amounts
Like
18.
Sept. 15 and Dec. 15, 1941, and on Dec.
of 40 cents was made.—V. 155, p. 692.
Telephone and
American
1938
$9,485,812
4,504,497
$6,288,601
19,590
$4,999,426
64,658
$4,624,527
74,872
$
Income
$6,308,191
$5,064,084
$4,699,400
t2,780,417
tl,393,385
864,847
$3,834,553
$3,297,495
6,676,378
„
5,876,313
6,272,859
taxes
8,389,775
7,805,480
5,831,382
1,758,562
3,408,230
56,715,098
...
.—
1,779,117
26,843,934
Net
$9,547,013 $10,107,413
surplus
$10,336,811
Common dividends
: 3,042,900
^Exchange
adjustment-
2,832,750
-
$8,897,784
bf
taxes
Surplus
-i—
/
share—
♦After deducting:
7
Depreciation
tlncludes
$8.13
profits
excess
,,
taxes.
.•
tRe
general reserves.
Canadian
assets
§2,500 shares,
p
Deferred
$121,185
(net) Dec. 31,
flUnirsed prior
Total
A,
—
i* «
*5,174
and machinery (at cost)____
p
238.884
,
i-
l
— ---—
1,397,143.
379.174
,
-4.375.000
:
293.152,
171.507
196.867
7.293.9V1
Boston Mass.,
or
Providence
Corp.—Reconsideration
RR.
Feb.
mission
for
should
road
further
for
Federal Judge Francis J. W. Ford at Boston,
trustees, argued that the reorganization plan
before
counsel
9,
the
for
Com¬
under
'
•
proposed plan was no
be sent back to the Interstate Commerce
consideration.
Judge Ford took the motion
advisement.
John Noble Jr. declared that the
feasible because of the opinion of the District Court at New
disapproving the plan for the New Haven.
He pointed out
that
the
two
plans
were
interdependent, for if the New Haven
were
to acquire the Boston & Providence by means of sale, provisions
pertaining to the transaction would have to be identical in the two
plans. The court's opinion, said Mr. Noble, makes it clear that some
of the issues raised in the proceedings must be reconsidered by the
Attorney
1
J
:
>
Attorney Robert H. Holt, representing the Provident Institution for
which holds the road's debentures,
argued that the plan
should be sent back and urged the court to point out to the Com¬
mission the issue raised by the contention that the bank is etntitled
to cash in full-on its claim 011 the equivalent before Boston & Provi¬
dence
stockholders receive anything out of the purchase price for
Savings,
*
stock (at cost):
£>r37?,797
Note—The
of $3/787.486 in 1941
Dividend on New
declared a dividend of 50 cents per share on
par $15, payable March 10 to holders of record
the same rate as paid
each quarter in 1941
cents per share) on the old $3 par value stock.
One share of
stock had been issued in exchange for each five old shares.—
directors
The
the
new
(10
new
25.
154,
profits taxes-,.—
above
statement
includes
the
have
capital stock,
This is at
'
1529.
p.
Dividend—
Columbia Packers, Ltd.—Initial
British
(The directors have declared an initial dividend of $1.50 per share
the common stock, no par value, payable March 16 to holders of
record Feb. 28, subject to the approval of the Foreign Exchange Con¬
trol Board.—V. 154, p. 147.
on
(E. L.) Bruce Co, (& Subs.)—Earnings—
6 Mos.
<.
,
'/
1940
,:01941
•:
-
$412,559
$2.78
$325,970
$2.10
Federal and State income taxes, and
ton 130,000 shares common stock.—V. 154,
interest.
depreciation,
♦After
p.
$3,232,542
End. Dec. 31—
profit
fEarnings per share
profits taxes, etc.
651.
f
r
$241,173
1,030,147
409,935
$4,262,689
$651,108
1,070,906
Buffalo, Rochester & Pittsburgh Ry.—New Chairman
Roy B. White, President of the Baltimore & Ohio RR., on Feb. 12
was
elected Chairman of the board of the
Buffalo, Rochester &
Pittsburgh Ry. Co.,
succeeding Daniel Willard, who had declined
145,664
$505,444
re-election.—V.
earnings
on
subsidized
of the New York and Cuba Mail Steamship CO. (a wholly
of. Atlantic Gulf & West Indies Steamship Lines)
before provision for recapture by the U, S. Maritime Commission of
one-half of the profits in excess of 10%
on the capital necessarily
employed in the subsidized operations (the amount of such recapture
of profits to be limited by the total amount of subsidy received as
provided in the Merchant Marine Act.—V. 155, p. 258.
150,
p.
832.
/.:■
Canadian Pacific Ry.—Earnings-
—V.
.
'f.
1941
$4,507,000
earnings
155,
_
1942
$3,353,000
week Ended Feb. 7—
subsidiary
owned
Corp.—25-Cent Common
595.
p.
Feb.
20.
5,
Sept.
Dec.
have declared a dividend of 25 cents per
stock, par $5, payable March 12 to holders
4,
on
directors
on
the
have
Ltd., Toronto,
Canada—Dividend—
declared an interim dividend of four
stock, par $1. payable in Canadian
common
holders of record Feb. 14.
initial distribution of four cents per
March ,3
An
592,859
cents per
funds on
*0
29, last year, which were followed by interim payments
on June 2, Sept. 3 and
Dec. 1.—V. 153, p. 682.
of like amount
$1,857,416
Federal
12,484
estate—
payable
taxes for prior years___
on
tax
—
Canadian
income
__——
:
♦After
265,000
to
surplus,—
_<
90,000
$4,263,233
—
$1,378,126
1,000,000
—
deducting provision for depreciation
$3,263,233
$1,378,126
708,330
—
paid—Preferred stocks—
stock
97,245
'
450,000
*
credited
Common
"
650,000
tax__^-_»—
—
income taxes_*—.—
inventories
Income
27,046
1,400.000
'
Federal excess profits
and
i.
28,077
notes
income
Dividends
share was made on March
369,792
$6,803,794
income
sale of real
Aditional
State
1940
$1,487,625
„
1939.—V. 155, p. 692.
Aunor Gold Mines,
share
.
1941
$6,210,936
.
operations—
from
income
Total
Net
-
31—
Years Ended Oct.
♦Profit
Other
Interest
share on
of record
A like amount was paid on this issue on March 25 and
1941, on June 5 and Oct. 25, 1940 and on June 30 and
common
Case Co.—Earnings—
(J. I.)
Loss
Dividend—
directors
The
the
The
—
6.P7S 578
—-4—$14,692,468 $13,235,621
for depreciation
150, p. 2565.
1422, V.
p.
Brewing Corp. of America—50-Cent
548,539
4.375.000
Dr200,251
152,
the road.—V.
operations
"
.——J-—reserve
detached from the
be
of New York, New York, N. Y.,
&
hearing
a
Gross
.
3 87.042
...
and $3.587 9.29
In 1940.
tRepresented by 437.500 no par shares.
t3.575 shares in 1941
and 1.800 shares in 1940.
SAfter deducting $1,000,000 of U. SyTreas¬
ury tax notes.—V. 155, p. 304.
♦After
taxes
Fed. inc. & excess
for
Atlas
—
•
Total
Federal inc. and excess
'
—
$335,650
§1,756.142
profits taxes—
—
tTreasury common
$789,712
$3,191,783
.
stock
surplus
Boston
excess
before
profit
profits
Prov.
48.386
selling, advertising expenses—
reserves
tCommon
Farned
-y-
433,925
■
General
.
$350,976
___
—
excess
should
Street Trust Co.,
of the City
At
.
payable
for
Reserves
424,289
1
$14,682,468 $13,235,621
—p
and
Income
60.198
2,370 588
'
payable
Dividends
"
1,174.133
1,318,508
>
loans
net
•Net
4,837.060
patents, and trademarks—
Accounts
11
to the
Urged—
136,366
376,997
723,898
2,490.591
f 583,095
—
Accruals
•159917
1,053,708
6,983,711
m
w—
Liabilities—
1
No.
State
the
—
expense
Gross
297,350
4 -i
charges
Goodwill,
of
applied
be
to
on
560,728
208,568
operating income before Federal income
& excess profits taxes
—
Other
profit
(net)—representing principally
profit from disposition of capital assets (non¬
recurring)
1940
Advances—Chicle purchases
♦Land," buildings,
amount
the
Bank
$653,346
$3,609,540
income
Gross
$3,485,536
investments (at cost)"
Investments
726,062
$3,400,972
tax.
income
Interest
1941
../vi'P'V
receivable
Accounts
$30,563,104 $26,114,534
24,900,460
26,436,070
—7
$7.54
31
securities
Marketable
31—
revenues.
expenses (incl. depreciation)—
other than Fed. inc. & exc. profits
.437.300
-
1940
1941
:
Consolidated Balance Sheet, Dec,
■
12 Mos. Ended Dec.
$6,272,859
$8.79
$182,197
$189,306
Cash
Bank
.
$1,910,240
Assets—
Feb.
available
announced
bonds and presented
The Chase National
and this interest due
May 1, 1942, will be paid only upon surrender of Coupon No.
1.
Interest on registered bonds will be payable to holders of record at
the close of business April 30, 1942.—V. 155, p. 595.
at
West Indies Steamship Lines (& Subs.)
V
—Earnings—
Other
436,400
,
pi
$8.42
year's tax reserves..
"
RR.—Interest Payment Declared—
& Maine
that the directors have determined
income for the calendar year 1941
payment of contingent interest on the
income mtge. bonds, series A, 4%% due July 1, 1970 (4% cumulative)
is $3,145,147.50, which is sufficient to cover the interest requirements
for
the year
1941 at 4Va%
and all cumulative unpaid interest to
Dec. 31, 1940, at 4%, and will be paid in full on May 1, 1942.
The
amount of the contingent interest on each $100 of principal
amount of series A bonds is $6.70 or $67.00 on each $1,000 of principal
amount.
;7,v /
that
V.
Net
$293,274
;
$5,876,313
$6,676,378
.435,700
433 925
.
1939, transferred from
1,629,113
29,871,164
17,701,737
51,108,367 186,974,735 188,344,032
Operating income
$7,293,911
35.926,419
18,224,682
593.
§219,575
stock (no par)
per
41,157,888
155, p.
Taxes
1,499,999
Earned
or
147,053,884
Operating
capital stock retiredWritedown of goodwill,
Shs. com.
4,072,820
income
oper.
income
Operating
—Liz.
v
*
revenues_.
oper.
Net
—V.
2,405.350
2,731,100
37,886
cost
value
stated
oper.
Atlantic Gulf &
Total
and
comparing with $9,310,074,
31, 1940.—V. 155, p. 593.
share,
a
ended Dec.
was
Feb.
11132,653
:
between
$6.41
Stock—
Net
Difference
profit was $13,545,995,
$4.42 a share, in 12
Note—For 12 months ended Dec. 31. 1941, net
5,600.289
_
Net
profit
Previous surplus
Surplus credit
profits tax.
121,143,740
90.338,786
85,217,321
717.026
$3,670,700
11,213,710
$4,014,522
$3,527,775
.
$
.
11,286,457 147,858,280 121,812,023
72,747
804,396
668,283
14,221,157
Uncollectible
Operating
Income
$
.
81,923
$3,941,632
72,889
expenses
(net)
income
Gross
1941—12 MOS.—1940
1940
rev._
$8,446,123
4,861,284
1940
profit from sales $12,563,080
earnings
$11,461,763 in
ICC.
Telegraph Co.—Earnings—
1941—Month
14,303,080
revenues
16, 1940 an extra distribution
Operating revenues._
Operating expenses
1939.
$10,288,821
5,289,395
1941
Calendar Years—
Other
Operating
6,274,478
$0.67
and Federal income tax.
t After pro¬
1941 and $2;054.714 in 1940 for Federal excess
depreciation
interest,
Haven
declared
have
directors
The
share
American Chicle Co. (& Subs.)—Earnings-
Net
JS
„
2,097,663
longer
Electric Co.—Extra Dividend—
American Gas &
$
admin,
$5,243;
accrued
$1,243; provision for Federal income taxes, $600; pro¬
vision for taxes applicable to prior periods, $1,968; com. stock (10 cents
par), $8,958; capital surplus, $835,099; deficit, $14,202; excess of cost
over market value of securities owned
(Dr.), $171,042; total, $670,145.
Note—At Dec. 31,
1941, the net asset value per share of common
stock (10 cents par value) amounted to $7.36.—V. 154, p. 794.
general taxes,
.
.
profit
Shares capital stock
Coupon
sold but not
$160;
Period Ended Dec. 31—
ti
1941
31,
$30,292; receivable for securities
Liabilities—Payable for securities purchased but not received,
payable and accrued expenses, $2,278; provision for
The over-all loss ratio for
be added 2.4% for adjusting
expenses.
To handle the large increase in business our dollar expense,
of course,
increased, but the larger premium volume reduced our
expense ratio about iVi points to 4.4."
In speaking of investments Mr. Waite called attention to the fact
that the companies have no investments in business organizations or
governments located outside the United States and Canada.
At market
values the return on invested assets was 4.53%.
The investment port¬
folio
is
divided:
53%
in bonds, 26%
in preferred stocks, 21% in
♦Gross
and $41,922 in 1940.
deducting losses of $39,489 in 1941
1939
$1,398,889
t$3.113,328 t$2,835,321
2,113,353
2,105,013
$1.47
$1.35
♦Net
$670,145.
total,
Empire
year, our previous high, of $1,226,712.
both companies was 48.1%, to which must
Sell,
$30,223
$11,478
500
Domestic Subsidiaries)
1941
1940
(Including
of
$16,066,726 $17,357,071
9,716,513
12,021,947
Corp.—Earnings—
Aviation
Boston
$5,171
tax
last
;.
1,254,740
$2,617
United States Government securities, $7,505; securities
owned
(cost, $794,758), $623,711; accrued interest receivable, $4,315;
miscellaneous accounts receivable, $2,366; furniture and fixtures (less
reserve for depreciation of $488),
$1,164; deferred charges, etc., $631;
Waite's report showed
stock.—V. 151, p. 3224.
$1,675,519
646,878
Bendlx
It
-
delivered,
that the Agricultural closed
the year with assets of $15,986,257, and the Empire State with assets
of $4,585,716.
The Agricultural^ surplus to policyholders was $6,932,430
Attd $2,485,758 for the Empire State;
"In our 89th year," said Mr. Waite, "we have reached a premium
volume for our two companies of a little over $10,000,000, a gain from
common
$11,027
$2,845
Balance Sheet,
J
R.
$1,910,278
i594.
3 Mos. End. Dec. 31—
23,038
accounts
H.
President
operating income.
155, p.
vision
$82,312,834 $76,201,734
55,580,071
51,316,205
$2,258,207 $26,732,763 $24,885,529
582,688
10,666,037
7,528,458
$1,892,858
—17,420
operat. revenues.
months
Assets—Cash in banks,
stock payable
declared on
was
1938
$25,656
29,251
cost_
average
normal
♦After
President of the Watertown National
Bank.
There were three changes in the list of officers.
Vice-President
E. J.
Dickey was elected Executive Vice-President.
Secretary R. A.
Parkinson was elected Vice-President, and E. Q. Morrison, Chief Exam¬
iner of the New York Department, was made Assistant Secretary.
A
A
1939
$33,502
31,164
Dividends paid
Raymond G. Hannahs,
1.
Net
Operating taxes
or
expenses_
Total
A total premium volume of $10,007,162, a gain of 14% over <1940,
resulting from Increased business for both the Agricultural and Empire
State Insurance Companies, was announced at the Agricultural^ 89th
annual meeting held Feb.
4 in Watertown.
One new director was
April
4,500,553
allocated
Agricultural Insurance Co., YVatertown, N. Y.— 1941
Report—
dividend of 75 cents
1940
$42,191
___
profit from sales of '
securities computed on
Federal
elected;
$6,758,760
5,396,908
expenses—
♦After
income over
operating
recently
Fire Department
the
expenses
of
Excess
Cookingham
position of General Adiuster in the
was elected" Assistant Secretary.—V. 155, p. 395.
to
$7,289,766
Net
ant
advanced
Operating revenues.;;...
Operating
—V.
30,713
1941
income
Operating
Assistant Superinten¬
Earle R. Carter was
and Robert D. Swinehart was made Assist¬
Assistant Secretary
elected
$6,782,102 $82,475,891 $76,454,189
23,342 'l
163,057
. 262,455
Net
691.
$33,557
Years End. Dec. 31—
Field
to
155, p.
1941—12 Mos.—1940
1941—Month—1940
$7,298,943
9,177
11 announced the following orders for freight
Feb.
on
company
Total
Sales
the Casualty-Surety
instructor in
Ellis,
W.
advanced
of Boston, Mass., has just
Pennsylvania—Earnin|s-
Co. of
Bell Telephone
American Foreign Investing Corp.—Earnings-
Supervisor.
Aetna Life Insurance Co., Nicholas M. DeNezzo was promoted
the
from
William
and
was
New
-
Operating revenues
Uncollectible oper. rev._
Earnings per share
and
Fowler
Supervisors in the Casualty Agency Department
elected Assistant Secretaries. John P. Faude was elected Assistant
were
Foreign
f
„
t
the
Chattanooga & St. Louis Ry., 50 seventy-ton
cars;
The Delaware & Hudson Corp,,
12
fifty-Ion steel box cars;
and the U. S. Government Supply Officer,
Navy Yard,
Puget Sound, Bremerton, Wash., 9 fifty-ton steel Hat
cars.—V. 155, p. 593.
Amos E. Redding, Field
Counsel
-
of
all-steel
Aetna
Hartford, Conn.
above.—V. 154, p. 1374.
Life Insurance Co.
Aetna
equipment: Nashville,
covered hopper
car
Casualty & Surety Co. who retired.
Four promotions were made in the official staff of the Aetna Life
and Affiliated
Companies and five new officers were elected.
In
The Aetna
Casualty & Surety Co., Howard T. Knudsen, Manager,
Secretary,
See
Period End. Dec. 31—
approval
Foundry Co.—Orders Received—
American Car &
The
directors
Co.,
Insurance
Net income
The Automobile Insurance Co. were reelected at
of the three companies held on Feb. 11. At the
immediately following the annual meetings,
reelected with the exception of B. A. Hunt, Assistant
the
-
the
to
Casualty
and
Co.
of
per
.
Massachusetts.—V.
in eastern
towns
The Aetna
Co.,
Life Insurance
annual meetings
the
meeting
cents
four
bringing their total A. C. F. fleet to more than 400 motor coaches.
The Eastern Massachusetts Street Railway Co. serves 71 cities and
Aetna
the
of
placed an order with The A. C. F. Motors Co. for thirty 45-passenger
motor coaches powered-with the Hall-Scott horizontal engine,
tnus
Aetna Life Insurance Co.—New Officers—
The
-
-
subject
Eastern Massachusetts Street Ry. Co.,
The
155, p. 634.
Casualty Co.—V.
dividend
American Car & Foundry Motors Co.~~Larg£ Order-~
the
and its five
been made Vice-President of Aetna Fire
interim
an
-
is
Exchange Control Board.
by Aetna,- •
Standard Companies, has
wholly-owned sub¬
Frank S. Becker Jr., Secretary of the Century Indemnity,
Vice-President of that company and Standard Surety &
Z.
1.
1941,
payment
15,
Automobile
'
value capital stock, payable March 15 to holders
An initial distribution of like amount was made
current
The
Companies of New York, which were acquired last year
George
no
March
record
on
Co.),
C. Langley & Co. of New York) have
The'three were directors of the Standard
(President of W.
Langley
been elected
(President
Chemical
McCain
S.
(President
Houston
par
declared
have
the
on
MISCELLANEOUS
-
Assistant Secretary—
directors
The
share
Aetna (Fire) Insurance Co.-—New Directors—
W.
INSURANCE
-
Div. No. 2—
1489.
See Aetna Life Insurance Co. below—V. 154, p.
INDUSTRIAL
-
Amalgamated Oils Ltd., Calgary, Alberta, Canada-^
Co.—New Officers-
Aetna Casualty & Surety
b
PUBLIC UTILITY
•
735
CHRONICLE
THE COMMERCIAL & FINANCIAL
•
712,775
578,319
and bad debt losses.—
Tuesday, February 17, 1942
'
736
$12,275,181 $11,830,248
1,044,423
1,044,423
STreasury stock
*
—
79,957
104,157
f Inventories
18,358,832 15,722,899
(Customers notes & accts. receivable, etc.-—.-7,177,894
6,802,409
Fed. Farm Mtge. Corp.1 bonds
——-—!
1°>000
10,000
Foreign govt' security (at cost)——
91,496
3,540
(Real estate & property
——
13,626
23.603
Funds in closed banks—————-———
7,222
8,477
Cash
9,990,097
7,808,191
♦Land
bldgs., etc.
Patents,
——
—
-
Cash
Total
'
Liabilities—
\
-
.
„
,
receivables
Deferredcharges
Total
.
Res.
surplus
surplus
Capital
Earned
—
.
n'roo'nlc
7,603,046
—
9,579,630
—
Funded
7%
$49,210,511 $43,564,866
♦After reserve for depreciation and accruing renewals of $11,795,203
in 1941 and $11,321,200 in 1940
tAfter deducting $3,950,000 reserve
for
losses and
collection expenses.
(Acquired under foreclosure and
held for sale. • § Consisting of 1,864 shares of common stock in 1941
and 2,348 in 1940.
liAfter deducting reserve of $3,000,000 in 1941- and
Total
system
Total
—V.
connections-——
from
Received
11,213
:
-
p."
155,
Ry
—
vote of
and
evidence
the
-—
mailed to all
report for the fiscal year will be
about April 1,
resigned as Vice-President in charge of broadcasts
as
Assistant Director in charge of operations of the Office
and Figures.—V. 154, p. 1003.
serve
Facts
Lewis
to
of
Chicago Towel
a
March
This compares with $1.50 each
and Dec. 19, 1941; $2 on Dec.
preceding quarters.—V. 155, p.
the
,
■r
—
6,463,884
5,900,688
5,781,648
$5,610,901
$5,668,188
repairs
211,918
201,312
328,980
4,725,410
4,716,317
4,683,282
Feb. 7,
'42 Feb. 8, '41 Jan. 31, '42
operating profit
$367,007
$364,292
$427,169
$405,794
Chesapeake & Ohio Ry. Co.—
Net
22,602
24,581
10,045
9,776
10,517
33,323
32,378
35,093
23,278
Originated
Received from
i
connections
Total
St. L. RR. Co.
Road) —
N. Y., Chic. &
end of
year..
stock
com.
30,823,633
25,318,598
22,104,714
3,004,362
$4.03
3,004,362
$3.33
3,004,362
$1.81
per
3,004,362
$2.43
collection and administrative and
conversion of Canadian assets and liabilities, $219,418, and
notes payable and sundry obligations, $69,269.
profits taxes of $4,000,000.
Note—This summary for 1941 includes the accounts of the com¬
on
net income of which for the year
converted into U. S. dollars at average
during the year. The net in¬
the year ended Oct. 31, 1941,
approximately 2.8% of the consolidated net income for
1941 has been
31,
rates of exchange prevailing
of the Canadian subsidiary for
come
to
amounts
the
the
subsidiary,
Canadian
Oct.
monthly
year.
Consolidated Balance Sheet Oct, 31
•
1941
Assets—
1940
$
1
-
$
♦Property and equipment—
23,246,670
21,259,354
Investments
—:
6,248,384
53,352,560
3,221,496
48,595,540
;
26,424,091
22,896.888
147,428
15,156.255
376,360
and accounts receivable
(Notes
*Inventories
147.428
14,381,722
651,259
owned
stock
fiCompany's
Cash.
—
—
charges ————:
Deferred
Total
124,452,113 111,653,320
————
——
-
stock
31.000,000
30,079,080
31,000,000
30,079,080
u-.w-540,050
676,046
5,489,301
540.050
700,119
2,723.772
5,489,836
5,076,324
—„—
tiCommon
stock
Dividends
payable
—
Employees' savings deposit—
Accounts payable, etc.
taxes
for
—
group
life ins. accident compensa¬
and
pensions
Reserve for contingencies—.
Surplus
6,311.351
4,398,990
36,924,129
30,823,633
—:
—
———————
—
7,174,694
7,078,977
:
124,452,113 111,653,320
—
——
depreciation of $26,985,188 in 1941 and $25,364,822
tAfter reserve for
in
1940.
338,443
Dixie Home
Year Ended—
Cost
31,404
81,288
Other
$379,319
1,757,851
$355,910
$301,729
surplus
2,279,544
2,050,561
*77,440
—
—
sales
of
Net
$276,099
Stores, Greenville, S. C.—Earnings—
.
Sales
$437,198
year—
shares.
SRepresented by 7,000 preferred shares and 3.546 common
lIRepresented by 3,007,908 no par shares.—V. 154, p. 427.
33,410
121,093
cash discounts, returns and allowances, and pos¬
of $15,572,976 in 1941 and $14,724,103 in 1940.
possible losses of $10,030,294 in 1940 and $8,927,227
tAfter reserves for
sible losses in. collection
.$460,579
81,260
taxes
Prov. for Fed. inc.
.: :,V
36,924,129
out¬
par)—
share
(no
*Loss on
32,806
$397,098
95,369
Profit
28,320,803
2,160,200
4,055,889
$1,134,603.
30,185
1
29,732,069
2,160,200
2,253,272
v
:
of manufacture, distribution,
♦Cost
$397,192
Int., disc. & sund. rects.
37,490,376
2,160,200
4,506,543
6,008,724
..
general expenses, including provision for possible losses in collection of
receivables for decline in...market values of inventories, and for con¬
tingencies, etc.
■'
Y \ v:;;/V'■; :'r'V
tlncludes adjustment necessary to reduce Canadian net current assets
at Oct. 31, 1939, to a valuation based on exchange rates at that date,
4,491,364
&
9,469,931
18,850,872
> 2,160,200
Earnings
238,677
330,087
230,226
327,511
profit
7,627,355
22,104,714
45,093,053
standing
$5,474,278
expenses
Gross oper.
12,171,778
25,318,598
dividends—
Total
$5,634,422
and
Cost
vv-• ;•
261,115
(1,330,415
14,269,420
30,823,633
dividends——
Surplus
Shares
Dec.
Sales—net
•
"
*288,687
in 1940.
31,'38
Dec. 27,'41 Dec. 28,'40 Dec. 30,'39
$12,098,306 $11,511,589 $11,449,836 $11,391,333
5,917,055
Ended—
Years
4,954,995
5,604,207
>
102,317
surplus—— f
Gross
Preferred
Common
„
,
Depreciation
——
Selling, gen'l, etc., exp.,
incl.
assoc.
co.
chgs.
Ry.—Carloadings—
'
'
^
,
the
only
154,
Inc.—Earnings—
Cushman's Sons,
per
Week Ended
•
1942,
3,
was
956.
Maintenance
Chesapeake & Ohio
profit for year—
surplus.——
.Previous
♦After reserve for
share on the
record March 10.
paid on March 20, June 24, Sept. 20;
20, 1940, and $1.50 each in the three
499.
dividend of $1
20 to holders of
declared
payable
stock,
common
at
p.
Co.—Dividend Decreased—
have
directors
The
stock
4,133,040
3,103,163
,
payable
and sundry obligat—
tions
the New York City transfer agent for
discontinued. The stock is now transferable
office of the Pacific National Bank of Seattle, Wash.—V.
Feb.
Effective
common
16,443,722
1,757,681
notes
Reserve
Agent-
Cornucopia Gold Mines—Transfer
May Issue Equipment Trust Certificates—
The company is reported considering the sale on Feb. 25 of $3,825,000
equipment trust certificates.
Federal Judge Barnes at Chicago, Feb. 9, authorized the trustees to
purchase $5,100,000 of new freight equipment required to handle in¬
creased war-time traffic.—V. 155, p. 693.
19,681,446
14,783,502
l,616,774v 1,692,692
♦*13,547,103
taxes-
other
on
Accrued
the public."
to
and
inc.
Federal
for
Prov.
? Int.
Preferred
Resignation—
B.
13,340,559
Liabilities—
holding that sepa¬
W.
Depreciation
ended
stockholders on or
65,893,238
11,199,709
3,583,793
29,925,545
2,006,705
profit-
pany's
annual financial
The
Net
Preliminary
for 1941, as, shown above, are after providing
$3,800,000 for estimated Federal income and excess profits taxes (an
increase of $1,375,000 over the $2,425,000 provided for such taxes during
the
previous year) and after transferring to our reserve for con¬
tingencies as a
special provision the net profit of approximately
$220,000 resulting from the sale of stock of former subsidiary corpora¬
tions engaged in artist management activities.
that the report of
that the Commission's
58,965,527
16,038,012
3,643,434
25,245,285
♦♦Includes excess
System, Inc.
Broadcasting
L'
income———- 4,680,260
interest
earnings
net
The
We think it does."
preferred and common stockholders
for participation in the new company the court said:
"The finding, which determined the absence of value in the common
and preferred stock, must be and is approved as fair to the creditors
and
1190.
p.
outstanding.
respect to the claims of the
With
154,
audit now being made by certified
public accountants, indicate the consolidated net earnings for the year
ended Jan. 3, 1942 (53 weeks), to be approx. $4,800,000 (equivalent
to $2.80
per share)
as compared with consolidated net earnings of
$5,006,600 (equivalent to $2.91 per share)
for the fiscal year ended
Dec.
28.
1940
(52 weeks).
Per share earnings for both years are
calculated upon the 1,716,277 shares of $2.50 par value stock presently
Appeals Court Affirms
finding sufficiently states the facts to justify us in
rate and more detailed findings are unnecessary?
shares.—V.
Preliminary figures, subject to the
approval supply the proof
contained
Commission
the
$17,254,172 $16,584,314
deducting reserve for depreciation
Columbia
part:
the
3,286,911
*18,293
Earnings-
overwhelming approval given by all creditor groups
to the reorganization plan for the company was the equivalent of a
"waiver of more specific findings," the U. S. Circuit Court of Appeals
at Chicago on
Feb. 9 affirmed the decision of the Federal District
Court which had approved the plan. :j
The same appeals court had reversed the approval of the Chicago,
Milwaukee, St. Paul & Pacific RR. plan two months ago on the ground
that ICC findings of value were not specific.
In explaining the difference between the two cases the court said,
not
3,880,436
*32,518
—
'r
Holding that the
"Does
surplus ——J
mon
Plan Decision—
In
1,807,404
of $7,850,944 in 1941 and
$7,503,333 in 1940.
(Represented by 200,648 shares, no par value.
(Represented by 272 preferred shares (1940, 140 shares) and 87 com¬
698.
Chicago & North Western
1,885,500
5,279,300
1,807,404
surplus
capital
Total
23,721
28,588
1,600,000
1,029,816
1,885,500
5,279,300
Earned
8,527
——
—-
& 1,400,000
1,053,395
—
stock
and
15,194
~—
.
671,444
200,000
stock—
Feb. 8,'41
17,375
—
—
—
I
$634,976
200,506
6,750
——1,240,942
200,000
Treasury stock at cost—Dr
Feb. 2 to
Feb. 7,'42
Period
on
——
♦After
Feb. 1 to
Loaded
35,562
-1
$327,492
206,220
6,000
:—„
———
Initial
Quincy RR.—Carloadings—
&
Burlington
Chicago
21,014
8,419,208
—
preferred
cumulative
tCommon
1940.—V. 155, p. 499.
$2,000,000 in
debt
Reserves
$
79,233,797
99,921,850' 67,976,676
expenses
profit—,,
Gross
Net
(current)
70,165,236
$17,254,172 $16,584,314
„
Accounts payable
z.
Payrolls payable
:—Accrued interest on debentures
Accrued Federal and general taes__
Funded debt due
o
„
18,655
8,277,256
'■ 1
Liabilities—<
,
——
contingencies-------for industrial accident liability
92,511
31,645
J
—
1938
84,014,688
125,167,135
-
and
♦Cost
Other
35,999
——
31
1939
$
*
*—i—
—x——.
for
\
_
„
-
Reserve
5,612,739
.
—-
—
$492,824:
850,140
———_.—
Oct.
1940
$
1,910,455
" 148,740
''Land, building, machinery and equipment—-
sales
Net
4,490,456
-i————
Ended
for Years
1941
$
•
..
1940
955,433
S.
Sundry
9.852,000^ 10,182,500
-------—---19,496,000 19,496,000
Notes payable
———340,158
401,374
Accounts payable
———_3,480,523 -1,502,635,
Provision for taxes
_-Wv 2,543,793
400,000
preferred stdck
Common stock
7%
bonds
Treasury notes, series B
Real estate held for sale (net)
U.
—
——
—
U. S. Defense savings
$49,210,511 $43,564,866
—
—
——
—
Account
Income
v
■
1941
$2,445,846'
.
(& Subs.)—Annual Report—
Consolidated
.,
/
Sheet, Dec.-31
,
Inventories
1
206,920
161,784
——————
:
,
accounts receivable
and
Patents
:
'
Balance
;
—
Notes
———-
——
charges
.V
Assets—
—
Deferred
debenture
.
Consolidated
—
___
thereon written off.
—
etc.———
devices,
designs,
414%
expense
for prior years.
tional income tax
Deere & Co.
bonds and unamortized
(Provision for addi¬
10-year
and
discount
bond
1940
1941
of
retirement
on
31
Oct.
Sheet
Balance
Assets—
2,168,448
1,713,424
$373,576
95,011
$316 653
excess-profits taxes--
$473,587
3.345
208,517
$382,671
2.232
♦111,617
—
$261,723
$268,821
187,500
180,000
general and, administrative expense*-.
Selling,
D*c. 27,'41 Dec. 28.'40
$12,209,521 $9,457,166
9,662.498
7.427.08&
-
income
•
income
—
66,017
(Nickel Plate
6,866
5,070
6.501
14,089
12,786
14.812
Previous
earned
17,856
21,313
Refunds
process,
20,955
Miscellaneous credit
5.336
6,185
6,148
6,476
6,338
6,809
Originated
connections
Received from
Total
Pere
—
—
profit for
taxes-
1,398.128
Received from
11,812
.
37,230
28,900
32,138
30,610
connections
Received from
12,957
33,857
7%
$2,555,643
$2,423,730
$2,137,170
$1,829,039
divs—
cum.
130,242
133,798
86,609
Earned surplus
16,388
for
$2,425,401
——
windfall
tax
in
$2,050,561
$2,279,544
of
excess
liability
as
$1,757,851
determined
by
raw
Total
—V.
155,
Steel
Corp.
Consolidated Income
Subs.)—Earnings—
(&
Accounts for Calendar
sales
of
—
Adm., sell., & gen. exps.
from
Profit
Other
1,632,962
500,767
operation
484,044
510,290
$2,147,483
$1,398,641
$1,900,179
$790,672
70,355
67,469
income—-—
debt
funded
on
57,133
$2,224,506
50,250
$1,468,996
56,250
$1,967,647
58,605
$847,805
54,378
of
Amortization
and
discount
' 2,336
2,615
,6,388
5,541
10,063
w 6,361
:*
Interest
on.
.
loans—
—
Provision for real estate
held
Loss
for
of
Loss
sales
<
.-.-t
prof. tax.
250,000
6,765
inventory
etc.——
Total
276
—
—
'
300,000
,
'•
•*'
Liabilities—
earned
Balance
Previous
earned
surp.
surp.—
credit
$1,225,674 " : $778,738
3,286,911
2,970,317
.•—
__
_
—
$1,208,200
2,370,448
C
$632,865
2,111,492
,
note payable
Divs.
Loss
$4,512,584
$3,749,055
$3,578,648
$2,776,583
130,746
131,302
148,418
168,121
stock
501,403
300,841
401,122
200,561
on
common
major
on
—
disman¬
preferred
preferred
Capital
stock
:
200,648
200,561
200,561
200,561
$5.46
$3.23
$5.28
$2.32
like
amount
was
of prior year's provision for Indiana
gross income tax
receipts, from interstate sales restored to surplus.
(Premium paid
was
followed
by
surp.
stock
share
♦Amount
on
^
Profit
Consolidated
for
year
Income
Ltd.—Earnings—
Statement,
851,200
300,470
—
287,926
2,425,401
—
—
,
.
.
31, -3941
—-——
—
—
——
Year Ended Dec.
s
$1,307,421
first, mortgage bonds——— '
328.870
10-year notes—,—,——
_r—-—1-—_35,832
Interest
and exchange on
on
Amount
transferred to reserves for.
and excess
Net
depreciation and deplet.
759.362
profits taxes-—.
78,700
$104,656
——1
profit
181,714
Surplus from previous, year———————
$286,369
surplus'
Total
.37,657
Dividend paid
$248,712
surplus
2,279,544
,
Consolidated Balance Sheet, Dec. 31, 1941
on
hand and in banks, $6,660; accounts receivable,
inventories,-$1,984,820; company's own bonds acquired for
$10,520,106 $10,528,484
—
$602,955;
sinking
fund,
$280,150;
notes
receivable, Hearst companies,
property and plant. $11,907,396;
167; total, $15,504,598.
$638 450;
deferred charges to operations,
$84,-
payable and accrued liabilities, incl. provision
for income
and excess profits taxes, $436,458; bank Joan (secured).
$680,000; accrued interest on first mortgage bonds, $123,450, accrued
interest on 10-year notes, $17,916; first mortgage sinking fund bonds.
4V2% series A due Feb. 1, 1956, $6,584,000; 10-year 5/2/0 notes,
Liabilities—Accounts
$2,370,i448
per
3,641,900
851,200
—
$2,970,317
common
1,911,400
3,641,900
_1
100,000
depreciation of $3,093,755 in 1941 and $3,062,368 in 1940.
(Represented by 36,419 no par shares.
JRepresented by 100,240 no
par shares.—V. 155, p. 599.
$3,286,911
Earnings
100,000
——
975,000
♦After
$3,880,436
earned
Donnacona Paper Co.,
"
Assets—Cash
-(58,792
—
in transit of $104,104), $156,and income taxes on current
and capital stock taxes, $27.126;
debt, notes payable (maturing
after 1 year), $450,000; cap. stock (par $1), $250,000; paid-in surplus,
$778,902; earned surplus, $338,446; total, $2,265,233.—V. 154, p. 243.
(incl. liability for merchandise
for surtax, excess-profits
$208,518; accrued payroll, sales
accrued expenses, $6,067; funded
reserve
profits,
...
93,255
825,000
surplus
Earned surplus
1941
payable
$388,260
121,093
1,860,600
cumulative—
cumulative—
*30,000
Shares
3,269,306'
37,453
tlements, etc.
Miscellaneous debit
Balance
3,195
296,692
364,153
135,397
5,368,709
529,660
*32,227
preferred stock
——
on
$394,442
(to parent company)—
Contingency reserve —i—L—
7%
Dec. 27.
deposit, $327,270; accounts receivable.
fixed assets (less depreciation reserve
of $241,288); $419,668; deferred charges, $23,567; other assets
(cash
value of life insurance, meter deposits, etc.), $6,911; total, $2,265,233.
Liabilities—Notes payable! maturing within 1 year) $50,000; accounts
inventories,. $1,475,274;
:V\;
accrued expenses
Total
Total
Divs.
Balance Sheet.
173;
Dec. 28,'40
$436,262
125,112
$10,520,106 $10,528,484
for Federal income taxes
Provision
Demand
($8
1
above, $111,617.
per
Provision for income
:
(Common
Miscellaneous
—
—
Accounts payable and
200,000
taxes
Interest
3,269,306
Goodwill, trademark and organization expenses
2,540
141,320
364,695
~' — •"
" "
price decline,
trade
Statutory deposits with State aUthorities-i—
135,397
♦Property, plant and equipment——
5,238,467
Deferred charges, etc.————__l—'405,821
...
50,100
props.
Comparative Balance Sheet
Dec. 27,'41
$435,201
accounts receivable, less reserve
145,435
-
accounts
-—
3,661
Flour, ingredients, supplies and prod.
.
478,582
Investment and sundry securities—at cost—358,236
——
2,453
$107,757
$95,227
and all other charges.
—
Customer
Sundry
C
16,175
364,550
for.
Approp.
Cash
•
650,000
exc.
for
15,000
"
569
' /
taxes
of
mantlement
Prov. for Fed. inc.
Prov.
42,875
;:r
3,372
dis-
or
*•
.
V"1
Co.
on
-•»,-_
Allot-
J
<
,
——
Superior
ment
''
sale
Assets—
debt
expense
Dec. 28,'40 Dec. 30,'39
$150,356
—:
JAfter interest, depreciation, all Federal taxes
465,201
income
Total
Int.
21,372,439
income
$74,223
$88,821
Earned surplus, beginning of period
—
264.222
175 400
Earned surplus, end of period
—
338,446
264,222
♦Accrued
taxes
per
report dated Jan, 24, 1941, $125,961; less
adjustment of Federal excess profits tax in accordance with provi¬
sions of amendments to Second Revenue Act of 1940, $14,344; accrued
-
Assets—Cash on hand and on
Dec. 27,'41
*Net
—
.—
paid
surplus
$12,544;
for 12 Weeks Ended
1938
$18,559,294 $12,801,105
15,075,771
14,635,321 10,311,425
1,467,934
1,513,504
1,233,807
77,023
depreciation—
for
Prov.
being no longer necessary.
Years
1939
1940
1941
as
Earnings
$25,653,651 $18,426,390
sales
Cost
1938,
1,
Continental
Net
reserve
Treasury
596.
p.
Department in 1940.
(Restoration of sum appropriated Jan.
a contingency reserve against decline in market price of
material
involved
under purchase commitments
at that date,
such
69,363
62,757
66,090
—
income
Dividends
Net
operating property
♦Reserve
inc. and
71,188
disposal of non-
Loss on
Railroads—
Total for the Three
,
12,523
35,480
Total
Originated
—
Total
Pref.
—
for surtax,
Net
connections—
charges
Income
Prov.
——
+75~000
—
-----
—
income
Total
Marquette Ry. Co.—
Originated
X
Net
Dictaphone
The
the
directors
common
V. -154,
p.-
Corp.—50-Cent Dividend—
have
stock,
796.
a
declared
a
dividend
of
50
cents
per
share on
to holders of record Feb. 13.
A
March 4, June 2 and Sept. 2, 1941, which
year-end dividend of 75 cents on Dec. 1, 1941.—
•»'> *' • * , » »*•»
•«». w .t *•
payable March 3
paid
on
due
Jan.
2,
1947,
total,
reserve
for
general depreciation, $4,687,701,
(376,572 com. shares, no par),
$15,504,598.—V, 155, pv155.
;
capital stock
.712;
$618,500;
$2,107,860; surplus, $248,:
(
directors
have
declared
6f
dividend
a
Oct.
cents
40
share
per
on
payable in Canadian funds on April
20 to holders of
record March 31, subject to
the approval of the
Foreign Exchange Control Board.
Previously, the company paid 50
cents each quarter, the last payment at this rate having been made
on Jan. 20,
1942.—V. 155, p. 636.
the
no
value
par
stock,
common
Ely & Walker Dry Goods Co.—25-Cent
The
directors
Feb.
on
declared
10
Dividend—
of 25
dividend
a
25
stock,
common
On Jan.
to holders of
March 2
payable
record Feb.
15, last, a distribution of $1 per share was made on
each.—V.
cents
155,
1
/
305.
p.
executive
The
the
directors
Feb.
have
stock,
common
record
14.
declared
of
25
cents
Feb.
27
were
payable
share
on
holders
made
amount
like
of
per
to
1941
during
Theodore
C.
Fedders
has
President
elected
been
discussing
"Treasurer
and
to
weeks ago,
Finance Co. of America at Baltimore—Extra
Dividend
—V.
The
directors
share
per
on
the
31
to
the
and
class
regular
Conditions
on
Association
B
March
June
and
30
of
10
1941.—V.
22,
Dec.
155,
p.
financial statement of
recent
ended
Dec.
31,
shows
1941,
written during the year of
premiums
net
They compare with
Total assets at Dec. 31,
compared with $24,808,879 at the end
of 1940, an increase of $597,296; surplus to policyholders, $10,090,750
against $11,919,459.
The statement shows unearned premium reserve
of $12,083,338 at the close of the year, compared with $10,907,981 at
the close of
1940, and cash of $1,706,898 against $2,055,018.
Bonds
and stocks at Dec. 31, last, were valued at $19,842,968, compared with
$18,983,678 in 1940.
Lumbermen's Insurance Co. of Philadelphia financial statement as of
Dec.
31, 1941, shows total assets of $5,658,416, compared with $5,454,280 at the close of 1940, and surplus to policyholders of $3,058,714
against $3,380,325.
Unearned premium reserve at the close of 1941 was
$1,912,306 against $1,733,913 at the close of 1940.
Cash on hand at
Dec. 31, 1941, amounted to $310,396 against $537,511, and bonds and
in the
last,
amounted
stocks,
1940.
$25,406,175,
Dec.
1941,
reported
Insurance
31,
of
close
of
assets
against
$4,334,357
Unearned
against
payable
maintained
*
'
of
dividend
a
the
practice
50
a
15, 1942,
1942,"
Jan.
throughout
cents
share
■*
■
.
a
relatively low
a
subsidiary
stock
it
,
is
hoped
for
in the U. S.
the year
$4,295,328 at
Cost
of
Sell.,
coll., adm. & gen. exps
270,894,691 208,366,559
sold
goods
for
Prov.
losses
7,259,393
receivables
on
34,403,129
6,707,742
2,250,000
38,195,334
—
1,000,000
income
Net
Int.
from
rec.
premium
$1,124,009.
$3,152,955,
Cash
compared
at
reserve
on
with
at
$3,097,164
$6,606,003
__
293,831
profit
securities,
suos.
'
tax,
$0.28
common
Gotham Silk Hosiery
Calendar Years—
income of
after
was
for its fiscal year ending Oct. 31, 1941,
announced Feb. 11 in the annual report made
common
manufactured in the United States, including
government sales and lend-lease sales, amounted to $364,635,000 for
1941, as compared with a 1940 total of $274,692,000.
Total dollar sales for the year, by lines of manufacture were:
of
sales
goods
1941
United States Sales:
Tractors
—:
-
Motor
I-
82,525,000
30,758,000
25,609,000
______
States—
334,371,000 248,028,000
-
in
subsidiaries operating
other
58,702,000
118,200,000
-
etc.—:
United
81,192,000
77,617,000
—
trucks
twine,
before
tax
6,797,000
23,467,000
Canada
nations...
foreign
6,772,000
19,882,000
total
—
-
_
364,635,000 274,682,000
-
received for war work
up to the end of the fiscal year on Oct. 31, 1941, were in excess of
$100,000,000 and at the present time were in excess of $400,000,000.
These
figures include
orders through ..our government by friendly
company
reported that
total orders
its
powers.
single war project is the construction of
The tank the company will manufacture
developed by ordnance engineers from
combat experience gained with American tanks in North Africa
elsewhere.
The tank will be assembled in a plant leased to the
and
for
the
from
Germany,
000
of
the
its balance
sheet the entire investment
Italy, France, Denmark and Latvia.
reserve
for
foreign
investment has
in
subsidiaries
Accordingly, $9,388,been applied to that
purpose.
This action reduced the reserve
The
sum
ment,
out
of" $2,000,000
of
the
was
dividends
for foreign investment to $20,612,000.
added
to
received
the
reserve
during
the
for
year
foreign
from
invest¬
foreign
total
the
of
practice
sales
was
compared
thereto
in
current
with
every
replacement
where the cost of
case
market
and
item exceeded
an
and
building for the
assembly
department
food stores
was occupied
three weeks ago and the coffee processing
warehouse at Barrington will be in use within a few days.
in
packaging materials and
the use of paper
Savings in
paper.
furtherance
The
of
the
number
point
of
in
conservation
accidents
four
program.
15%
reduced
was
from
The total cost of
from last year and is the lowest since 1938.
Reserves—Assets
provided
A
of
302,345
the
been
valued
conservatively
of
application
the
th©
at
have
for
and reserves
principles
same
is
down 29%
in
-v
use
years.
many
Dr820,155
have
by
and
1940
accidents is
years.
reserve
of $115,000 for inventory protection was established out
earnings for the year against the time when commodity prices
decline and thus necessitate inventory writedowns.
Taxes—The
17,421,008
34,402,146
tax
22,926,110
following table shows the steady
company's tax bill in recent years
of
5,287,810
3,876,810
1,411,000
and substantial growth
TAX COST
,
operations
Per Annum
560,000 Shrs.
Year
Per Person
Com. Stock
Employed
Total
—.—
1929___
of
reserve
invest,
reserve.
of
reserve
—-—
1,082,442
150,000
.
reserve
235,000
1932—
248,457
.44
87.57
991,908
1.77
270.70
1938—
1,100,415
1.97
298.22
1939
1,137,256
2.03
313.71
1,440,169
2.57
376.23
2,430,380
> 4.34
1,076,000
3,000,000
~
30,634,588
23,161,110
86,207,074
1941
7,952,810
86,411,443
income
Net
$.49
1937
Dr3,000,000
Dr2,000,000
$274,579
\ 1940
-
Preferred
dividends at $7 per share
Common
dividends
:
--
90,763,708
117,046,031
5,717,068
13,160,242
special maint.
for
res.
109,368,184
5,717,068
10,188,568
—
for foreign invest—
res.
,
7,051,105
-——
,
losses
"For
—_____
further
Any
98,716,518
5,717,058
6,792,376
Cr9,500,000
Outlook—The
the
its
extension
of
program
goods.
Balance
Sheet
Oct.
S.
U.
^
3,564,077
17,484,294
107,091,018 95,121,lo3
133,114,427 118,810,799
101,614,193 101,938,980
——
receivables
Inventories
Prouertv
(net)
-
829,712
charges
Liabilities—
Accounts
dividend
:
credits
Deferred
insurance
Inventory
Foreign
Earned
of
ings
Earnings
1,429,267
8,065,958
68,924
for
income
and
1,698,094
239,589
of
22,000,000
30,000,000
r
721
98,168,721
^g400
86 411 443
y for
Bb,4ll,44J
3,
1942,
stockholders
Earnings—Net
the
7,15
year—after
annual dividend on
the
times
the
these shares.
w&s
39.39%
42
over
1940.
^
After deducting
in
branches
were
opened bv the route
Mississippi, Oregon and Washington.
The program of expansion in number
1940, was carried forward in 1941 and
areas
and close to Chicago.
New
department in Massachusetts,
taxes
the
were
figure
compared
to
was
earn¬
six
to
cents
of
out
five
of
dollar
each
cents
,
.
of
each
of
out
•
'
provided for United States and Canadian
"*
taxes,
interpretations
be
of
number
a
of
pro¬
believed that the company's tax
it is
Thus,
will
made
in
strict
the
,:
.
(Federal, State,
2.7
were
local
times
equivalent
of
and
foreign)
great
$14.55 per
as
as
in
share
to $3 per share paid during 1941
Materials
Raw
basis—since
in
in
1941 amounted
Total taxes
1940.
of
common
stock,
dividends.
the
Costs—By
war
began
in
1939.
Raw
materials
prices at
1941
averaged 15% higher than at the end of 1940.
factory hourly wage rates and earnings continued
Weekly earnings at the end of 1941 were 21% higher than
trend
the
in
of
1940
of
and 35%
Preferred
redemption
on
Stock—In
Oct.
will
be
proposed to the stockholders at their next
meeting.
r '
' y:t
■;
Expenditures'—In 1941, a total of $2,610,361 was spent for
additions to and replacements of production facilities.
A considerable
part of this expenditure went to enlarge the capacity of various
departments for the better service of defense reouirements:
The
annual
.
Capital
largest item was the equipment, of
the
manufacture
of
operation in May,
insulating
a
new
brick
and
plant at Zeliensple, Pa., for
cements.
The plant began
1941.
total expenditure for such facilities was $94,843 in excess of
provision for depreciation, depletion and obsolescence.
Employees—Due to the rise
in
Johns-Manville's
production, the
The
the
■
number
of
to
about
The
about
employees increased from
,
of sales units started in June,
is responsible for some of the
increase in sales.
Because of war conditions the addition of routes
and
stores will be greatly restricted
in 1942, but every effort will
continue to be made to increase the sales volume per unit.
Company
will
open
new
units where country's interests will be best served
and to the extent that locations and equipment are obtainable.
Retail prices were forced upward during the year by
the pressure
of higher commodity
costs and rising expenses of operation.
Every
profits
when
$5,967,145,
retirement
Its
y
\
residential
400.
p.
higher than at the peak of 1929.
August, 1941, directors author¬
1, 1941, of 25,000 shares of the com- ^
pany's cumulative 7% preferred stock.
These shares constituted half
the amount outstanding since the redemption of 7,500 shares on April
1,
1940,
and
17,500 shares on Jan.
1,
1941.
The
total
amount
received by the holders of the stock redeemed on Oct. 1 was $3,043,750,
including accrued dividends.
This stock has not yet been retired.
of
to
were
average
probable
and
and
Redemption
markets
conveniently
tax
were
of
end
ized
stock
number
155.
contingencies.
the end
at
for taxes,
operating units was increased by 60 routes and 15
were added to new or existing stores and the
expense of starting all these units was charged to current operations.
The stores which company operates are of medium size and located
The
stores,
an
was
profits
been
taxes
upward.
M. H. Karker in
provision
taxes
to
laws.
1941
The
dividend
common
in
believe that-they can
we
1940
over
1931-1940.
the
such
the
requirements of $64,340 for 1941, net earnings on
were
$1,454,531,
or
$2.60 per-share on the
560,000 shares issued, compared with,. $1,576,995, or $2.82 per share
in
1940.
Earnings before deduction of Federal income and excess
profits taxes were 31.03% higher than a year ago.
Sales—Total sales
amounted to $41,702,980, compared with $29,231,608 for 1940, an increase of 42.66%.
The fiscal year 1941 in¬
cluded 53 weeks.
Excluding sales for the extra week, the increase
preferred
the
flexi¬
the end of the year prices of raw
materials purchased by the company had increased about 18%—on an
depreciation, profit sharing and reserves—were $1,518,871, equal to
$30.38 per share on the 50,000 shares of preferred stock outstanding,
or
and
in
and
energetic
and
$10,384,831.
new
Wages,
states:
for
earnings
the past,
amounted
years
excess
of
have
compared
for the fiscal year ended
16.
taxes
10
$12,366,274
in
Inc.—Annual Report—
mailed to stockholders Feb.
was
to
confidence
alertness
been resourceful
1940.
authorities
Total
;__ 484,603,941 443,748,202
remarks
from
conformity to these
laws.
However, the field of tax law interpretation is a difficult one
and the company does not feel that it can safely ignore uncertainties
of interpretation which many tax experts believe to exist.
There has,
therefore, been provided the additional sum of $1,400,000 as a reserve
shares in 1941, and by 4,245,725
362.
of the company
in
in
tax
over-all
his
freedom
payable in 1942 from 1941 income,
This compares with $3,370,000 provided
for the year 1940, or an increase of 208%.
In calculating these taxes
for 1941 the company endeavored to determine from the expressions
25,000,000
22,611,899
81,672.400
Total
Jan.
for
intelligence,
have
$8,239,904
after
compared
the
amount
an
5,372,396
par)
report
basis
real
the
in
in
of
Provisions—There
Tax
„„„
37,989,666
1,429,267
o'ccq'q?o
Kg
annual
record
increase
after
income,
gross
returns
surplus
26th
The
lies
They
to meet the changes of the future.—V.
upon
$5,882,071
visions
stock
Jewel Tea Co.,
successful
a
effort.
company
personnel.
Earnings
to
The
national
insure
can
rationing, price controls and commandeering
This business must subordinate and adjust
interest.
$9,252,071.
————5,501,584
"Represented by 4,245,721 no par
par shares in 1940.—V. 155, p.
time when
.
2,0_5,J/5
reserve
($100
essential
an
a
supply of healthful foods in the
is engaged in war.
foresight and preparation
an
3,415,949
reserve
stock
is
nation
priorities,
your
relied
2,791,7522,669,812
—
reserve
investment
"Common
63,913,000
:—
maintenance reserve
Development and extension reserve
Special
Firp
morale.
Lewis K. Brown, President, states in part:
Earnings—Earnings before income and excess
841,689
„„
payrolls, taxes, etc
payable
stock dividend payable
payable to subsidiary companies——
invoices,
Common
the
of
dollar
stock
food
important to the country or their
Company will do everything within
continuity of the
$17,491,975,
443,748,202
—
Total
Current
of
There has never been
more
Johns-Manville Corp.—Annual Report—
6^'coo'o7^
oin'roo
484,603,941
assets
Deferred
53'nin'lce
'o^n'rlio
subsidiaries
in
Investment
Other
I
:
be
pro¬
25,010,000
tax series B 1943
securities
to
bility of the
46,718,804
;>
and
operates.
of
of
public
building
^
treasury notes,
the
future
58,713,346
the
amount
itself
1940
594.72
directly
be
that company will be affected by the new and
uncertainties and difficulties which
all civil business must
effects
in
it
"
inescapable
while
No
the
essential to
distribution
peace.
was
probably
$116.94
net'1 earnings.
and
in
as
will
taxes
lower
people
assure
which
greater
31
Cash'
Marketable
is
face
in 1941. ~
to
in
time
the
more
power
It
associated com¬
|Previously provided for investment in an
sold
pany
86,207,074
$0.53
of
in
in
preparation
war
health
comfort
,
9,500,000
development and
charged to cost
years). tOf 1938 provisions for
authorized in 1938, expenditures
prior
increases
reflected
industry in
of reserve applicable to
(estimated excess
receivables
on
of
86,411,443
$4.11
98,168,721
$5.87
Earnings per share on common
receivables
tank will
eliminated
in
the
by
of
portion
and wrapping paper have been made in the stores as a result
cooperation between employees and customers to reduce waste in
been
28,077,231
5,151,121
51,823,154
tReversal
largest
government.
Production of parts and sub-assemblies
take place in several of the company's factories and
in many plants of subcontractors.
A new factory was piaced in operation during the year at St. Paul,
Minn., to manufacture intermediate caliber artillery for the Army.
Generally speaking, the company's war effort has been divided into
three
categories:
production" of
totai new
products of
a
purely
military type; production of military versions of commercial products;
and
production of commercial types of trucks, tractors and other
equipment for the government.
The list of the company's war products includes the following items:
Military tanks, military trucks, military tractors,
37 mm. .shells,
75
mm,
shells,
105 rhm. shells,
artillery recoil springs, anti-tank
gun carriages.
Oerlikon anti-aircraft gun mounts, intermediate caliber
artillery guns, tank transmissions, torpedoes, shell parts, shell packing
stops and various castings and forgings for military purposes.
The report stated the company's working capital at Oct. 31, 1941,
as
$254,015,000, an increase of $17,237,000 over the previous year.
Capital expenditures amounted to $7,730,000 during the year.
The
total investment of the company in foreign subsidiary com¬
panies on Oct. 31, 1941 was $53,618,000.
Of this total, the largest
investments were in Canada, Argentina, Australia and the International
Harvester Export Co.
With the United States at war, the company
company
the
small
a
bags
and credits:
charges
"Reduction
military tanks for the Army.
is a
new
stream-lined
type
the
by
only
Per Share on
no
company's
total
meet
and regularity
war
but import
prudent or
appear
warehouse
Chicago
mies
prov.
_
income
from
income
Net
Other
Preferred
The
constitute
a
to
The cost
Buildings—The new coffee processing plant and warehouse at
Angeles was completed and placed in operation on Oct. 20, 1941.
old building at Los Angeles has been leased pending sale.
The
lowest
4,036,471
oper.
income
Federal
for
Prov.
Preferred
107,796,000
-
implements
Steel,
1940
under contract
stock sufficient
Operating Expenses—The ratio of expenses to sales was again re¬
although total wages and taxes continued to increase.
Buildings, machinery, equipment and automobiles were kept in good repair
and condition throughout the year.
A competent firm of experts has
been working for-oref six months to develop possible further econo¬
3,535,767
source)
from
for Fed.
Net
stock,
preierred stock dividends.
Dividends were paid
on preferred stock and total dividends of $3 per
stock were paid during the calendar year 1941.
providing for
the regular rate
foreign
and
1942, a
3,
22 weeks.
materially
affected
coffee
were
plant and
2,616,677
3,55y,b51
Assets—
public by Fowler McCormick, President.
The net income was equivalent to $5.87 per share of common
The
hand
on
Jan.
may
to
1938
from
New
areas
1939
1940
deducted
notes
market.
The
—___
from
the company
it
$30,634,588,
Grand
th
1,750,000
22,954,969
pension
Trans,
International Harvester Co.—Annual Report—
to
it
reduced
were
guar,
subsidiary
'lrans,
(& Subs.)—Earnings—
Co., Inc.
1941
tax
industrial,
on
been
cost
inventories
6,665,333
1941
In
Treasury
S.
essential to carry more.
of previous years inventories were
charged, at cost by the general prin¬
ciple of "first-in, first-out," except green coffees and unpackaged
teas which were valued at actual cost by lots.
Cost values of closing
Dr665,575
to
for
Prov.
$1.09
profit
$737,834
f$149,158
$155,981
$237,797
Earns, per sh. on .com.
$1.43
Nil
Nil
$0.13
"After depreciation, interest charges, discounts, etc.
tLoss.—V. 155,
p. 51.
Sales
the proceeds from the- sale
following groups of bonds at
Federal Government obligations
balance
approximately
with
and
valued,
stock.—V. 155, p. 156,
'Net
Total
U.
the
had
coffee
of
for
make
Consistent
/
Surplus at end of year___
Farm
the
1942;
3,
of
on
$542,843;
than
tainties
171,959,387
29,462,769
fund trustee
Dr2,602,115 Drl,910,617
bank loan of forg'n
Dr800,000
—
Miscellaneous charges
Dr458,639
Drl55,536
Miscellaneous credits
237,835
' 182,091
Contrib.
at
722,884
1,172,370
$1.81
185,612
the
keep¬
supply of coffee has been adequate for all needs.
It is the policy of company to maintain inventories sufficient for
not
more
than three months.
Exceptions are made in the case of
annual pack items and where transportation and procurement uncer¬
in
4,123,962
etc._
(less
cos.
Total
1941—12 Mos.—1940
mar¬
at
in
The
318,751
the
$25,752,714 $18,318,194
$4,582,488
$0.45
share
per
•On 627,718 shares ($1 par)
.
of Jan.
as
taxes
have
other
volume.
portionately
1941—3 Mos.—1940
Period Ended Jan. 31—
Total
bags
needs
imports
items
new
3,446,673
withheld
General Shoe Corp.-—Earnings—
on
of
^
47,285,640
sales
from
receivables,
on
Divs.
Surplus at beginning of year__:
share
included
$1,002,000
Federal
93,099
of
JExcess
at
quotations
roasting
185,993,730
26,653,794
26,460,436
30,263,622
securities
Inventories—Company
of
$
$
gross
and
sheet), $2,066,337; State and
public utility and others, $421,705.
Marketable
securities
were
individually valued at the lower
of cost or market, and this resulted in a net writedown, of $52,511 at
the year end.
:..
,v
•'
1939
1940
substantially increased by
shares in September, 1941.
municipal bonds,
Los
;
customers
,;
was
including
(not
accrued
364,635,058 274,682,399 212,454,166
Depreciation
for
of $2,588,265, compared
the close of 1941 was
hand amounted to $290,294
capital
preierred
market
be
can
(Excluding Sub; Cos.)
and
keep retail prices
effort.
war
Marketable
334,371,436 248,028,605
companies
i
___
close of 1940.
and surplus to policyholders of $2,161,314 against $2,286,747.
Unearned
premium reserve was $741,808 against $666,350.
Cash on hand at the
close of 1941 rose to $515,546 from $410,261,
and bonds and stocks
were
valued at $2,500,119 against $2,508,910.—V. 154, p. 694.
Net
the
the
minimum
a
to
our
duced
Total
foreign
was
ing
of
/
jj>
for
Net
products
war
common
which
rate
•
and users
dealers
To
Prov.
^Earnings
pay
1941
sales *
Net
inventory
sales
to
on
Income Account Years Ended Oct. 31
for
Net
on
sales.
common stock, with the expectation of adding
final dividend declared when the results of the
year's business were known. Under present conditions it has seemed
advisable to make the dividend payments to stockholders more uni¬
form throughout the year, thereby stabilizing dividend income so that
stockholders may be
better able to plan on a probable amount of
income from
their investment.
Accordingly, the Board of Directors
Prov,
of
pattern
a
present
a
against $325,368, and bonds and stocks, $3,591,976 against $3,514,248.
Philadelphia National insurance Co. at the close of 1941 showed total
assets
report said:
for 1942.situation is such
business, rising costs,
to war production, the
the
Company will continue
levels in the interest of
Working Capital—Net working capital amounted to $8,482,145 and
the ratio of current assets to current liabilities was 4.29 to 1.
Work¬
the
considered
advances to
reduced.
possible
with
ing
made to keep price
was
was
1940, and surplus to policyholders
$2,895,338.
31,243,793
total
be
volume of such
has been
it
years
payments
Income
against $4,487,678.
Co. of Philadelphia
$4,865,513
ended
with
to
31,
ended Dec.
Reliance
The
the
year
effort
lowest
for year
$13,001,945, the highest in the company's history.
$11,169,849
com¬
dividend' on
these
to
To
Association of Philadelphia
Fire
business,
1942
and
399.
Written
In 1941 At New Peak—
The
for
cannot
rapidly,
small in relation to the
be
15 cents per share
$5, all payable March
cents per share were
Philadelphia- -Premiums
of
1941
changing
are
a
diminishing volume of regular
taxes, and conversion from civilian
margin has become narrower.
Total profits
dividend
of
dividend
stocks, par
Extras
21.
1941,
1940 annual report.
prospects
that
increasing
profit
declared
five
on
year
1941
year
with
that
cents
of
dividend
extra
an
quarterly
common
record
these issues
on
Fire
declared
11
class
A and
holders of
paid
Feb.
on
about
died
who
brother, Louis Fedders,
155, p. 306.:
' ■
the
evident
is
quarterly
two
his
succeed
1941 fiscal
$121,600,000 for the fiscal year
was
fiscal
the
described in the
Plan
"In
Manufacturing Co., Inc.—New President—
Fedders
the
Total compensation of the 14 executive
was
$744,000 as compared with
$644,000 for 1940.
All these figures are stated on an accrual basisL
and include cash extra compensation payable under the terms of the.
Employes Savings and Extra Compensation Plan and the Managerial
will
27.—V. 152, p. 3342.
March 29, June 27, Sept. 27 and Dec.
on
of
dividend
a
value,
par
no
Distributions
$22,612,000
gin
for
company
officers,
for
officers
In
Ltd.—25-Cent Div.—
to
reserve
737
pared with 98,500,000 for 1940.
"It
Famous Players Canadian Corp.,
total of that
,
the
of
taxes
totaled $28,830,000 as compared with $14,062,000 for the fiscal year 1940.
Average employment in the United States for 1941 exceeded the
average for 1940 by 10.9%.
In October, 1941, the average number of
employes in the United States was 58,000, as compared with 52,000
during the same period in 1940.
Total compensation of employes in the United States, exclusive of
•',*
>
,
brought the
1941.
31,
The
the
cents per share
19.
this issue.
During 1941, the following payments were made on the common
stock: Jan. 15, 50 cents, and March 1, June 2, Sept. 2 and Nov. 25,
the
on
This
subsidiaries.
Dividend—
Dome Mines, Ltd.—Smaller
The
TF^ COMMERCIAL & FINANCIAL CHRONICLE
Number 4047
Volume 155
16,500
total
at
the
peak
in
12,000 at
1941.
the
end
of
1940
|
amount
paid in wages and salaries during 1941 amounted
to
$30,061,565,
compared to
$20,209,093
in
1940,
an
increase
of
49%.
Of this amount, premium payments to hourly workers for over¬
time
work
Kansas
a
totaled
$721,650.
Ordnance
contract
with
the
Plant—On
War
operation
of
numerous
difficulties
a
Aug.
21,
Department
$27,000,000
swift
1941, Johns-Manville accepted
to manage the
shell-loading
progress
plant
has been
in
construction
Kttnsas.
made.
and
Despite
THiE COMMERCIAL & FINANCIAL CHRONICLE
738
To
The
these
•service
The
will
the
deieat
to
Axis
Johns-Manville
net
earnings
is
This
l
about 6,500 persons during construction
production gets unaerway.
of the company in keeping with
$158,918
under
deferred
a
plan.™*"
payment
54.02%
40.44%
purchases
by home
this subsidiary.
of this apparent eventual reduction in
Because
the
loaned
of
vances
Credit
now
corporation
$500,000
1940.
31,
at Dec.
tSales
Depreciation
-
___
_.
Deplet. & obsoles. of mineral props.
^Unrealized
John
.
150,000
Net income before taxes
$18,951,864
Provision
for
Provision
for
and
income
Net
Federal
Dividends paid on
Dividends
paid
Balance
"Restated
conform
<as
exclude
to
the
to
$3,058,946
$6.35
$1,265,191
$4.24
reduction
a
cash
tLess
fSelling
of
♦"Including
Second
$600,000
etc.
Act
Revenue
ttOn 850,000
of
1940.
shares of
profits
excess
stock
—V.
(no par).
Balance
"Accounts
and
Inventories
■(Cash
Sheet,
4,004,800
______
12,174,195
7,897,822
13,416,553
2,130,625
—
self-insurance fund—
Miscellaneous investments
in
Investments
J-M Service
advs.
&
427,471
subs,
to
Corp
Prepaid and
3,400,000
unconsolidated
1,000
deferred charges—.,—
Operating
523,174
tire.
231,788
291,518
$2,705,430
for
Reserve
for
product
guaranties,
Reserve
for
Federal
and
profits tax
excess
for
compensation
427,471
421,290
712,937
590^833
self-insur.
etc__
Canadian
income
contingencies—
contingencies,
1,709,742
3,515,905
2,101,084
___;
Earned surplus
244 139
payable April 1 in the form of shares of capital stock
Edison Co., in the same manner as the dividends paid
10,868,054
and
directors
Dec.
31,
1941
and $339,231
items
and
at Dec. 31,
cash
discounts of
$374,210
flncluding
31,
advances of
1940.
depreciation,
depletion
and
obsolescence
,,395,806 at Dec. 31, 1941, and $29,181,679 at Dec. 31,
117%
1941
cumulative,
at
$121.75
dividends
*"850,000
on
shares
Lawrence
17,500
shares
share,
per
(cash
called
including
deposit,
for
$1.75
1940
of
Portland
value
$20
Cement
765,707 shares, or 12.04%
redemption on Jan
1,
share for accumulated
share.—V.
155,
and paid, The North American Co.
the Detroit company to approximately
Detroit Edison will thus be taken out of the
The North American Co. under the Public
Utility Holding Company Act which defines subsidiaries as companies
In
1940.
,/
letter
to
in
his
Co.—Earnings—
/;■/
report,
accompanying the
Warren W.
"The demand for cement in the territory served
plants
your
result
showed
a
company's
holding
registered
a
*
*,l:"
•
*
company
'*
*,f *•
owns
..v
•
10%
of
:■
••-•.'./
the
voting
r.>•••.,/'.
the form of Detroit
Edison stock is not a distribution out of North American's capital or
capital surplus and is not a partial liquidating dividend. The dividend
is charged on the books of the company to its earned surplus. >■
Regular quarterly dividends on the $50 par value preferred stock
at the rate of 75 cents a share on the 6%
series |end 71% cents a
share on the 5%% series were declared payable April 1 to holders of
The
gratifying increase during the year 1941.
shipments of Portland cement amounted to
143%
of 1940 shipments.
"The financial condition of
company
remains satisfactory.
There
were no borrowings of any kind throuphout the year, and net working
by
As ;a
which
in
securities
.;
\
stockholders,
approved
is
dividend
this
have reduced its holdings in
will
611,000 shares, or 9.6%.
class
of subsidiaries of
Company in its annual report for the year 1941 reports net income
after provision for depreciation, depletion and taxes. This
is equivalent to $2.46 per share on the 75,000 outstanding shares of
capital stock, and compares with net of $44,125, or 59 cents per share
Ayers, President, said:
.
standing.
362.
p.
-
stock now amount to
of the total 6,361,300 shares issued and out-,
North
of $184,598
earned
stock, based on the current mar¬
price of approximately $18 per share.
American's holdings of Detroit Edison
-
'
per
per
of the Detroit
1
July 1, Oct.
payment
if so
If
of
a
and,
ket
$31
:
.
contra).
at stated
declared
13
l/50th of a share of Detroit Edison
\
for
reserves
Feb.
on
of this dividend is subject to the approval of the
approved, it will be payable to common stockholders
5 at the rate of one share of Detroit Edison stock on
each 50 shares of North American common stock held.
No certificates
will
be issued for fractions of shares of Detroit Edison stock, but,
in lieu thereof,
cash will be paid at the rate of 36 cents for each
cumulative preferred stock (contra)
$163,992 at Dec. 31, 1941, and $135,589 at
1940.
8Less
that
explains
company
the
dividend
in
155, p. 364.
record March 10.—V.
amounted to $1,569,481
"Because
indications
1942.
it
V.
of
■
the
point
difficult
is
154,
to
demand
to
for
predict
be
the
for
cement
a
realized
outlook
defense
for
because
long
too
1192.
p.
work
;
:
....
at
present,
of shipments
fair volume
that
for
of
the
emergency
a
time
ahead."—
the
common
March
5.
issue:
and
Dec.
v-
stock,
Issued
for
issuer
offerred, the company will have
preferred stock and 78,90) shares of
shares are still held by agent of
creditors of predecessor corporation and 1,120
the stock
shares of
delivery to
cancellation.
now
2,051
addition,
In
^
manufacture and sale of
high pressure boilers,
Una-flow
engines, radiator valves, boiler gauges and thermometers
and, in addition, is a jobber of plumbing and heating supplies, fit¬
Business—Corporation
in
engaged
is
the
heating boilers and radiators, steam heating and
and
fixtures.
(b)
-
the
boilers, and (e) valves and gauges.
Approximately 31% of the business is in cast iron radiation, 28%
in Pierce cast iron boilers, 28%
in jobbed plumbing and heating sup¬
pressure
scattered
boilers, valves,
of
155,
15, $1.—V.
the
which
of
to
widely
is
requires
sub¬
a
Frances
Kalter,
Schaap
A.
the
Jacob Arronson, Gertrude ArronEvelyn C. Flug, Samuel Flug, Samuel
I. Tachna & Co., owns 42.77%
& Sons,
Co.,
Strassler
Frieda
outstanding
at
W.
which consists of: Max Kalter,
behalf of a syndicate
Samuel .Winternitz &
Strassler,
nomi¬
Kahn,
are
and Samuel Flug.
Kalter, on
stock of the company and agreed to sub¬
to that percentage of the preferred
common
subscription
and
price
offered, plus anv shares not subscribed to by
the other
(approximately) 1,000 stockholders, paving for such sub¬
scription by surrender of the company notes payable.
Max
Kalter, on behalf of the Pierce Butler Syndicate, has stated
stock,
the
that
is
which
stock
being
is
for investment
bought
being
and
not
for
sale or
distribution.
Kalter and his
associates after
they learned of the company's position and made
a
preliminary investigation which indicated to them that the addi¬
tion of needed working capital, the elimination of. a past due rnort-?
gage
and
the
institution
of
certain
economies
would make an
investment in the company attractive.
As neither Mr, Kalter nor any one of the individuals involved was
desirous
of
contributing the entire amount of capital required,
it
became necessary to form a syndicate and raise the money by pooling
The
Pierce
Syndicate
Butler
such amounts
formed
was
thev severally were willing
as
by
Max
to invest.
,
;
.
agreement was formally drawn up
acquired by Max Kalter (for and on
behalf of the syndicate) from sundry banking institutions, voting trust
certificates for 15,660 shares at $2.75
per share and an offer had
been made on Mav 1, 1941, to the other voting trust certificate holders
to buy their certificates at the same price.
Approximately
13,400 shares were
acquired from such individual
holders.
The remainder of the stock owned by the syndicate amount¬
Prior
to
the Syndicate
the time
May 24,
on
1941,
there had been
ing to approximately 4,400 shares,
the
In
the
event
Pierce
Butler
held
by
amounting
to
77.16%.
will
'•
•
purchased in the open market.
Syndicate acquires through
was
Radiator
120,000 shares of preferred stock offered, then
the syndicate a maximum percentage of voting
subscription
all of
be
the
V
Comparative
K-640.
one
but
of the company's output.
v
Syndicate—Of the directors,- the- following
Pierce Butler Syndicate:
Max Kalter, David
E. Little
Clinton
the
no
customers
only
company's
The
fitters.
few
a
Butler
Pierce
scribe
wholesale
sold. at
steam
to
customers,
many
among
and
limited
not
sales branches at
11
portion
stantial
of
is
business
and
carried
are
plumbers
distributors,
commercial
nees
stocks
branches
jobbers,
a
commny
cast iron
(d) Ames
by the company include: (a) Pierre
radiation; (c) Ames heating boilers;
iron
cast
•
•
•
made
products
boilers;
Dividend—
paid the following dividends on
40\cents;/June 14 and Sept. 15, 60 cents each;
15.
March
/$5,
par
1941,
During
this
,
V-•;v:-sAuthorized
'
♦
■
stock.
shares for
dividend of 60 cents per share on
payable March 14 to holders of record
declared
have
directors
The
-
stock
control
Ohio Seamless Tube Co.—60-Cent
1941.
of Dec. 31,
continuance of
a
should
it
However
as
-
cumulative
.
175,000 shs.
None
275,000 shs.
78,909 shs.
The company also has outstanding liabilities due more than one year
from Sept. 30, 1941, as follows:
Note payable dated June 17,
1941, due by agree¬
ment
in 11
quarterly installments commencing
Oct.
1, 1942
$183,333
there
.
capital
'
•
A.
record March
of
at
•(Required for redemption of 7%
Dec.
from $5 to $1 per share.
^
.
present capitalization is as follows:
i
v
son,
1941.
30,
Dec.
SEC
of
The
•
-
dividend on the common stock
6,000!000
The
."
•
..
4
14,379,898
$69,242,590 $58,877,846
_____
doubtful
for
reserves
Dividend Payable in Detroit
-—
17,000,000
The
"Less
Co.
Edison Co. Stock—
2 130 625
•'
convertible
1
.
shares
175,000
issue
to
preferred stock with voting rights (par $2.50).
;
(2) Authorization to issue an additional 175,000 shares of common
slock (par $1),
(3) Reduction in
par value of common
stock previously authorized
which
assumed
had
of that corporation.
certificate of incorporation was
28, 1941, the company's
provide for: • •
«
•
•
plies, fittings and fixtures, and the remainder in Ames
13,978,949
______—________—
_________
to
plan of reorganization
gauges, thermometers and sundry items.
^
The company's business is carried on through
Property—
the
22
Jan
of
the
♦
The
341,712
166,161
267.047
113.989
28,282
9,664
15,887
6,376
:
3,000^000
___.
______
____
Total
Aug.
tings
1729.
p.
14,379,898
______
profits
$1,242,584
$1,252,566
$100,841
17,000,000
stock——
—____
:
Oct.
on
turned over to an agent of the company for
the predecessor corporation upon compliance
were
of
terms
Authorization
(1)
high
North American
1,762[537
_
cumulative preferred
stock
On
Max
etc
'"Common
Capital surplus
$106,900
incorporated in New York
was
an
creditors
to
the
amended
1941—12 Mos.—1940
1941—Month—1940
___
.
172,723
to
shares
3,171
delivery
and
If Preferred stock
7%
154,
that
87,500
2,745,702
10,384,830
profits taxes—
excess
Reserve
Reserve
workmen's
1940
newly-formed Norfolk Southern Railway announced
control of the properties of the former; Norfolk
Southern Railroad, effective as of Jan. 1, thereby ending a nine-year
receivership.
Morris S. Hawkins, co-receiver of the line since Oct. 16.
1933. was elected President of the new company early in January, and
other officers were elected at a meeting of the board of directors in
New York on Jan. 21, as was reported in* V.155,- p.- 506, 604;
$1,929,858
43,750
____
taxes, wages, commissions, etc
and
and
with
common
$87,130
$0.02
$0.21
stock—-———
Norfolk Southern Railway—Takes Over
$69,242,590 $58,877,846
_____
Dividends, payable
with
pursuance
Upon issuance of
outstanding 120,000
(&. Subs.)—Earnings—
Richmond Gas Co.—Earnings-
after re¬
accruals
reserve
income
Net
—V.
On
z.L_.
income
$86,802
interest, and Federal income and excess
697.
"
" '
'
revenues
income
Gross
Liabilities—
Accrued
27, 1941
Federal income taxes—
depreciation,
p.
;
.
authorized capital stock of 100,003 shares (par $5).
the plan of reorganization there were authorized for
issuance 82,000
fully paid shares of common stock.
Of the shares
so authorized there were issued to individual stockholders 78.S03 shares
In
E.
(& Subs.)—Earnings-
1941
period End. Dec. 31—
26,550,204
___
___________
Provision for
report Wendell
$885,153
155,
''
Preferred stock
profit
New York &
__u___
230,190
payable
the
accompanying
;
to
$67,277
Capitalization—Corporation
9, .1935,
:
shareholders
to
of
,
contingency reserve of $500,000, the net
1941 were $1,500,424, or $7.14 per share.
of $1,183,106, or $5.63 per share
a
67,278
——_
subscription to additional shares
of
preferred stock, to which other stockholders do not
exercise
their
pre-emptive rights,
or
(b) by. payment
in cash of balance of said liability : in event other stock¬
holders exercise their pre-emptive
rights.
Other stockholders exercising their pre-emptive
rights will pay for
such stock in cash
1__
com¬
247.
p.
taxes.—V.
3,00oio00
26,560,750
equipment and mineral props.
Total
Accounts
as
price
>
'
its
"After
311,936
;____
buildings,
"
Federal,
including
J
$60,000
,
liabilities due to members of Pierce
Butler Syndicate on notes payable in amount of $240,000
issued Oct. 8, 1941, due Feb. 9, 1S42, to subscription to
balance of preferred stock,
wliich Syndicate is entitled
to, on account of pre-emptive rights, 26,911 shares at
(3) By either (a) application of the balance of the liability of
$240,000 on account of notes payable over and above the
-
earnings
net
421,290
152,271
__
subsidiaries
Foreign
SLand,
report,
9,154,262
______
_______
compensation
with
Earnings per share oi capital
$8,888,399
___
Workmen's
and
taxes,
;
153,
♦Net
1940
1941
$8,322,186
receivable
notes
the
in which
manner
of
application
By
amount
amounted to $4,631,322,
or paid
off and the
will be effected follows:
retired
be
to
application of 'portion oi' loan of $230,000 made to
company by. Max Kalter on behalf :of Pierce: Butler Syndlcate to subscription to 24,000 shares of pref. stock offered
„
3 Mos. End. Dec. 31—
31
Dec.
series B—1943___—_
notes,
tax
to
taxes,
Nash-Kelvinator Corp.
_______________
Treasury
according
profit after charges and
Net
the
under
taxes
......
___
S.
U.
/
>
1941,
$15,219,219, as
the company's annual
1940, according to
social security
letter
his
»i
common
Consolidated
Assets—
for
.•
•
By
O.—Annual Report
by the company totaled
1941
consolidated Earnings for the 26 Weeks End.-Dec.
tJIncluding $1,140,000 provision for tax contingencies.
Cash
for
Monogram Pictures Corp.,
of Canadian net current assets:
and provision for income and
Federal
for
liabilities
The
(1)
990.
production in 1942."—V. 153, p. 994.;
currency
subsidiary
; :
such retirement or payment
has
Works,
Loom
the
stock,
Such amount is subject
incidental to registration
expenses
company
Common
profits taxes.
excess
152, p.
will lease $695,000 of machine tools from the Government
Defense Plant Corporation.
By compressing our present
machine layout
it will be possible to absorb these additional tools
within
the
present
buildings and add about 400 more men.
In
addition, we have been gradually eliminating some models and concen¬
trating upon fewer types of lathes for the purpose of attaining mass
production. Such facilities, coupled with the current rising production,
should make it possible for us to achieve an additional 65% increase
foreign subsidiaries and
1940 of treating cash discounts
expense,
U. S.
from
dividend
Knowles
&
allowances.
administrative
and
§From translation into
"ilBefore
Crompton
directors.—V.
1940.
in
and
cate
company
sales.
discounts
profits
through
certain
of
operations
of
.
$300,000.
intends to use the proceeds of the issue to retire or
off certain short term loans made, by and on behalf of a syndi¬
known as the Pierce Butler Syndicate and its 'members,
pay
output of lathes had become so imperative that further steps were
being taken immediately to increase the Tate of production in 1942.
"A
contract," said Mr. Whipp, "has been completed whereby the
951,517
$3,110,895
company's policy in
for
compares
In
525,000
2,337,500
$6.66
President
Preferred Stock
to the preferred
subscriptions
all
issuance.
The
Whipp, President, pointed out that while Monarch had more than
doubled its production in 1941 over 1940, the need for an even greater
$4,127,691
i tEarnings per share
to
in
$5,079,208
485,625
2,337,500
surplus
and
had total admitted assets -of $23,*
company
earnings of the company for
$5,882,071
stock—
common
on
earned
to
compared
the
board
the
to
taxes
excess
306,250
2,550,000
preferred stock
expense
Tnis is equal to $22.05 per share on the
210,000 shares of stock outstanding and to $3,430 per employee of a
full
year's employment.
After
all
deductions,, including provision for Federal income and
$5,967,145
income
Tinsley,
local and
This
profits taxes__ttll,524,830 ""3,370,000
excess
total
decrease from the
The combined loss and expense
with 94.93% in 1940.
•:
pared to $1,550,040 for 1940.
Canadian
and
F.
Total
State,
1,459,889
contingencies
1941
report to shareholders.
$5,079,208
$9,252,071
Corp.__
of
ratio
slight
a
of
exercise
Issue of
of
Purpose
the
be
will
company will receive the sum of
to
deduction of $2,770 to cover
subscription
560,000
Credit
1941
in
of
Shipment of lathes
ad¬
Dividends received from Johns-Man¬
ville
The
40.34%,
was
Monarch Machine Tool Co., Sidney,
has
44,723,032
1,454,626
685,527
$8,692,071
income
94.36%
added
been
95,267
$18,801,864
UNet
from. 1940.
written
compared with $7,137,375
loss
/;:•
"
.
51,046,894
1,379,316
642,955
71,535,106
1,652,329
863,184
__ ____
premiums
annum,
C"
On
5.
entitled to cumulative dividends of
payable quaruerly Jan. 1, etc., before any dividends
the common stock.
*
'• "■
be paid on
may
reserve
(2)
1940
"1939
$92,852,483 $61,761,236 $52,047,720
^Manufacturing cost
contingency
not
stock
preferred
per
New Director Added to Board of Directors—
1941
Years—
Calendar
,
,
voluntary
5%
total liabilities were $15,666,239,
serves,
requirement of funds,
to $1,000,000.
owned, Johns-Manville Corp.
$2,400,000.
This compared, , with
of the notes
collection
Pending
thereof,/v..^
it may
be
fixed far,retire¬
after any date
converted
that
The
of which $1,888,385 was in cash and $6,003,137 was in U. 3.
Government bonds.
Exclusive of capital, surplus and contingency re¬
corporation's capital was reduced iri December
the Credit
reduction
a
the
to
Tuesday, February 17, 1942
.
ment
•
728,553,
by
earnings
to
the close
At
extent
the reduced requirement of such credit, caused a substantial drop in
Ine purchases of not.es during
the last quarter of the year.
Though
this will have no great immediate effect upon.income
(which accrues
irom notes purchased over the past two to three years) it must inev¬
itably produce a downward trend and eventually a much lower level
of
'
-
reported in the previous year.
of
ratio
1941,
in
incurred
installment credit, and to some
restrictions upon
Government
previous year.
and loss expense incurred to premiums earned was
ratio of losses
Tne
■
addition
v :
in
$6,812,314
to
$1,250,000.
oi
Corp.—Johps-Manville Credit Corp. reported
for 1941, compared to $120,531 for 1940.
wnolly owned but unconsolidated subsidiary wnich
notes from contractors witn repayment
a
the
irom
premiums written aggregated $14,419,895 in
1941,
its
/•'■/v,L
modernization
ome
owners
decrease
a
1941, compared with
$13,849,852 in the preceding year, an increase of $570,043.
After pay¬
ment of $560,000 in dividends to stockholders, a total of $203,859 was
added to surplus, bringing the total of capital and surplus on Dec. 31,
all-out
the country, in our
assist
to
can
powers.
Credit
of
it
showed
'
.
ever,
notwithstanding the ratio of incurred losses to premi-;
company,
earned
Net
and
contribution
of doing everything
policy
war
another
is
the
urns
as
employ about 8,000 when
This
_
from
known
organized
was
be
is employing
plant
separate
operations
subsidiary
a
plant
will
of
Johns-Manville's regular
the J-M Service Corp.
paid for and owned by the Government.
For its
Johns-Manviile will receive a small fixed management fee.
keep
business
.
Income
J an. 1 to
.
.
sales
(less
re-
.
etcl.)
.
Dec. 31/39
Dec. 31/40
-
.
$2,166,721
1,989,370
,
$1,051,502
$2,340,924
1,794,650
$2,533,247
goods sold1,779,473
turns,
Cost Of
Feb. 1 to
Dec. 31/38
Year Ended Year Ended
Sept. 30,'41
Gross
Statement
1,569,982
Selling, general and ad-
Corp.-^Meeting
Liquid Carbonic
special meeting of stockholders called for Feb. 13 to consider the
authorization of a new issue of $100 preferred stock, was adjourned
until Feb.
19 because of lack
quorum.^-V.
a
155, p. 602.
the
Massachusetts
Income
for
Bonding & Insurance Co.— Premium
Gains—Reports Combined Net of $8.76
a
reports combined net earnings for 1941 of $1,401,608 from
underwriting, interest, dividends and rents.
These earnings amount to
share
on
the
160.000
shares
outstanding
and
compare
combined net earnings equivalent to $9.45 a share on the same
shares in 1940.
of
with
number
.
Trtie
annual
earnings
per
obtained
from
figures
dends
T.
were
and
J.
10.
Distributions
V.
1,
151,
on
25
cents
p.
no.
par
the
and
report
share
for
was
interest,
$4.64
1941
notes
derived
dividends
from
that
from
and
underwriting
$3.91
of
the
underwriting
rents.
and
The
$4.81
combined
and
net
$4.85. was
corresponding
from
interest,
1940
divi¬
1,
world-wide
♦^conditions affecting profit and loss results of stabilized business, it is
pleasing to note that the company had an increased premium income:
loss payments for the year in dollars were less, and the percentage
of incurred losses to premiums earned was likewise less than last year.
The reserve for claims, totaling $9,041,924, is the largest in the history
points out that notwithstanding
of
15
cents
per
share
on
payable April X, 1942, to holders of
distributed on Jan. 1, last.
A
stock during 1941 were as follows:
was
common
April
dividend
July
1
and Oct.
I, 15 cents each.— .
of
mailed
Feb.
5,
The
share
the 78,909
shares of common stock
notes payable.
preferred stock
and
Taxes
for
Prov.
for
subscribed
351,722
20,737
than
•
14,310
"
26,227
•'
' •''//: v
432,949
15,354
444,621
13,933
27,253'
26,689
-:
>
•-
'
:
15,552
49.649
16,397
64,408
17,196
63,197
"15.031
56,324
'$70,288
.*$34,272
"$19,929
*$165728
3,228
2,222
3,655
,15,297
17,939
22,516
111
"45
"$51,761
'$13,999
$6 196
36,610
depreciation—
from
'
Fed.'
20,623
23,094
/
income
Net inc.
456,805
.
19,875 .'
income!___;.
oth.
oper.
11,283
..
Income other than from
•
operations
Profits
on
17,611
sales of fixed
assets
'
"
*
♦
Total gross
Total
Fed.
income-
deductions.
&
>Tnt,
State
inc.
Hoficit
725
taxes
,i___
$88,372
'*$136 834
22,316
'
•
$159,150
$17,623
$34,629
______
loss.
and
arranged.
preferred stock will be convertible into common stock, on a
for share basis, at any time after it is issued, provided, how¬
unless otherwise
-;.
royalttesO/c:v.'>■
(other
State
or
"Denotes
paid for will b
in the continental United States as soon as practicable after
1942, by registered mail, as directed in the subscription agree¬
Certificates
ments,
Rents
Gross
Corp.—Stock All Taken—
of record Jan. 7
were
offered the right to subscribe to
120,000 shares of 5% con¬
vertible cumulative preferred stock at par
($2.50 per share! in the
ratio of 1.5207 shares for each share of common stock held.
Sub¬
scription rights for preferred stock expired Feb. 5, 1942.
Max Kalte*
and associates
(owners of 42.77% of the outstanding common stock
agreed to subscribe at the subscription price to that percentage c
preferred stock which was offered, plus any shares not subscribed t
by the other stockholders paying for such subscription by surrendc
holders
The
y
ministrative expenses
Prov. for doubtful accts.
425.
of the company
rents.
Falvey, President,
a
value,
like amount
A
Pierce Butler Radiator
Company
a
Feb.
declared
share
1941—
$8.76
stock,
common
record
Jan.
have
directors
"The
The
without action
Co., Ltd.—15-Cent Div.—
Ottawa Light Heat & Power
Adjourned—
Balance
Sheet, Sept. 30,
1941
*
'•
Assets—Property, plant and equipment (net), $675,432; investments,
cash on hand and on demand. $70.5°2; accounts and nn^es
$543 807;, inventories. $737,859; deferred charges, $47,132;
$21,118;
receivable.
other
assets,
$5,008;
total,
$2,100,949.
,
,
.
.
THE COMMERCIAL
Number 4047
Volume 155
deficit—from
the
directors
declared
have
dividend of
a
$1.50
>
per
v
five
of
ment
Van Dorn Iron Works Co.—50-Cent Dividend—
Dividend—
25
cents
made
was
March
on
12,
June
30,
29
Sept.
1272,■;/'yy./ -':'/■■;<•/si.-;
V. 154, p.
of
Act
returned
was
and
1933
connection
Code in
indictment
sections
with
in
and
37
the sale of
U.
the
S.
the
of
Court
25
cents
the
a
dividend
of
50
cents
per
share
on
153,
last,
1144.
15,
p.
on
which
latter
date
Vultee Aircraft Co., Inc.—Books Closed
dividends
on
were
Offering—
Blyth & Co., Inc., and Emanuel & Co. announce they hav closed the
booxs
and tne selling syndicate in connection with the oliering of
Federal
240,000 snares of $1.25 cumulative convertiDie preferred stock.—V. 155,
The
Angeles,
Los
declared
no
par value,
payable March 16 to holders of
This compares with 50 cents paid on Dec. 15, last, and
Sept.
on
resumed.—V.
company.
at
have
stock,
common
record March 2.
and
'/•%
of
215
stock
District
directors
The
per
persons
Securities
the
Criminal
of
the Department of Justice Feb. 6 reported the indict¬
on charges of violating the fraud provisions of
and
SEC
The
16 to holders of record Feb. 9. ; This com¬
pares with $2 per share paid on Dec.
15, last, $1.50 each on May 15
and Nov. 15, last, and $1 on May 15,
1941. The previous payment
was one
of $1 on Feb. lo, 1937.—V. 155, p. 193.
dividend
a
739
Associated Mines Co. of Salt Lake City—
Union
the
share on
distribution
15, last year,;, See
Dec.
stock, payable Feb.
declared
share on
payable March 30 to holders of record March 9. A
stock,
capital
similar
Quissett Mill.—To Pay $1.50 Dividend—
The
common
have
directors
The
counts
v
Corp.—To-Pay 25-Cent
Tennessee
(par $1), $82,080; capital surplus, $1,475,operations, $515,307;. notes payable, $184,333; ac¬
payable—trade, $153,227; notes payable—banks, $403,000; notes
pay able—stockholders
and
directors,
$226,667;
accrued liabilities,
$66,334; sundry reserves, $25,047; total, $2,100,949.—V. 154, p. 869.
Liabilities—Common stock
569;
& FINANCIAL CHRONICLE
643.
p.
.
California.
Reliance Mfg. Co. of
The
J.
directors
the
common
like
amount
During
stock:
j
payable
stock,
1941,
1,
share
on
holders of record April 20.
A
dividend
a
May
1
to
of
cents.per
25
paid on Feb. 2, last.
was
Feb.
111.—25-Cent Common Dividend—
declared
have
the common
and Dec. 24,
following payments were made on
1 and Nov. 1, 15 cents each;
155, p. 308. f,
the
May
1, Aug.
year-end dividend of 6Q cents.—'V.
a
persons
under the laws of
Co.
.
to be
The
receiver
having filed
Received
't
produced from a well to be drilled in Torrance Field, Calif., which
were then exchanged for stock of Union Associated Mines Co.,
Utah mining corporation.
It was charged that the de¬
r •
"House, Rutland, Vt., Feb. 16.—V. 155, p. 542.'
C "7
St. Joseph Water Co.—New Individual
Total
;
1
It
quantity of oil being produced from Plymouth Oil Co. wells.
.Earnings—
I
'
Week Ended—
Cars
loaded
—V.
155,
%
——,
of
of
Net
(& Subs.)—
Profit
•Net
1940
$5,036,060
•After
$4,090,991
interest,
1,625,426
$1,899,050
$581,375
income..
303,189
290,616
$2,202,239
and
Normal
221,575
199,466
income
other
tax
Excess
charges
Month of January—
'
Sales
—V.
155, p.
194.
1941
1942 ^
$1,129,950
1940
v.
279,729
•
of
Shares
$823,401
$813,131
•Certain
Seeman Bros., Inc.
Shares
stock—
common
105,300
'
Earnings
$112,871
$126,297
♦Net. profit
.
share
per
$1.20
-
$234,733
105,300
t. $2.23
$1.78
* $1.07 '
,
*After charges and Federal income taxes.
.
declared
have
directors
Other
no
dividends
75
payable
both
value,
of
dividend
interim
an
par
Interim
of
75
cents
per
per
share on
the common stock,w
16 to holders of record Feb. 28.
share were paid on this issue each
The
have
directors
declared
stock,
Notes
•
Pacific
Cars
loaded
*
Deposits
received
I Cars
15,871
____
;
.
<
Total
cars
155,
ih
_—___.
599,234
82,573
19,421
19,185
J
85,900
36,018
1
—
986,236
1
__.
directors have declared
r
like
stock,
par
paid on Feb.
13, June 10,
the
18.
Sept. 8 and Dec. 1, last
and on May 4, June 26, Sept., 16 and Nov. 30, 1940.
payment was, $2 on Dec. 8, 1938.—V. 154, p. 663.
'
.■/.'- /vv :. ■■///> ^
'■ '
'•/
The previous
payable
Shares—
Corporation has filed a registration statement with the SEC covering
53,905 shares of common stock (no par), which the company proposes
to issue and sell to the public through Massachusetts Distributors, Inc.,
underwriter.
An additional 11,114 shares in the com¬
pany's treasury, previously registered, will be offered at the asme time.
Assuming that the total 64,209 shares should be sold at the asset
value in effect on Jan. 31, the net proceeds would be $3,671,470.
Net
!
principal
Street-uses for
dealer's discount will be
$100,000 or
where
more
the
1,001,659
1.166,450
& excess profits taxes
inc.
stock
pref.
conv.
($5 par)
($50
par)—
286,498
1,251,450
1,095,082
1,389,899
1,501,175
1,095,Q82
1,407,675
2,147,831
—
4
—
———
of $531,699
$11,326,568
—
in 1941
and $494,394 in
receivables.—V.
instalment
uncollected
74,708
18,147
22,187
154,
p.
1940.
an
Distribution—
; -
extra dividend of 30 cents
per
share
no par
April 1, last year, an extra
made.—V.. 152, p. 1297., '
On
,
;
.
The
$8,404,001
tApplicable
696.
dividend
of
$10,
f
Feb.
t
columns).
was
15
holders
to
An
14 to holders of record Feb.
Feb.
payable
«
of
10 (not payable
record Jan. 30 as previously reported in these
cents per share was also paid on Feb. 15,
of 25
extra
i
•
declared three quarterly dividends of 25 cents
per share, payable May 15, Aug. 15 and Nov.
14 to holders of record
May 9, Aug. 10 and Nov. 10, respectively.—V. 155, p. 607.
The
directors
also
Tri-State Telephone & Telegraph Co.
Period Ended Dec. 31—
Operating
revenues—
Uncollectible
oper.
rev.
1941—Month—1940
direction
subsidiary
of public relations activities of
companies.
The appointments
at
of
Corp.
Operating
Earnings—
1941—12 Mos.—1940
$614,377
$575,867
$7,039,819
$6,700,624
2,084
1,220
18,983
17,081
Net
oper.
Operating
revenues-
taxes
$574,647
$7,020,836
1
for
hot dip
which
Net
—V.
operating
income
155,
p.
Income
—
public relations activities in
399,802
5,126,357
4.713,053
$143,237
$174,845
$1,894,479
$1,970,490
46.641
661,297
563,273
$112,483
$128,204
$1,233,182
$1,407,217
2,509
194.
62,065
of
cost
about
$5,500,000,
are
normal conditions would require the use
under
These facilities,
to be completed
-
as soon
as
possible, will supplement
/in
operation.
the
Also
line
was
first
of
its
installed last
kind,
year.
the Gary black plate chemical treatment
Since the time of the early installations,
comprehensive tests and experiments have proven the success of
technical developments, the announcement said.—V. 155, p.
both
699.
Utica & Mohawk Cotton
The
396,463
589,301
company
common
Nov.
lows:
1940
stock,
on
no
Mills, Inc.—$1 Dividend—
Feb. 7 paid a dividend of $1 per share on the
value, to holders of record Jan. 31. This com¬
par
cents per share paid on Feb. 8, May 10, Aug. 9 and
In addition, extras were paid during 1941 as fol¬
Nov. 8, 25 cents; and Dec. 20, 75 cents.
Dividends paid during
totaled $2 per share.—V. 155, p. 57.
with
8.
last
that these assents will
concerned, a substantial
Capitalization
1, 1977, both to be dated as of Aug. 1, 1941.
reorganized corporation will consist of 21.112
entitled to a cumulative preferential dividend
of $1.35 a share and to receive in liquidation $27 per share;
40.907
shares of class B stock,
entitled to a cumulative preferred dividend
of $2.50 per share and to $50 per share in case of liquidation; and
236,862 shares of class C stock.
In the Judge's opinion, it is pointed out that the creditors are of
two classes;
namely, those with claims, based upon direct liability,
aggregating $8,358,984, and those with claims, based upon indirect
liability, aggregating $20,296.
In the former class are holders of
51/2% gold notes, which matured ijarch 1, 1937, in the amount of
$1,487,500, with accrued and unpaid interest amounting to $483,983;
and holders of 6% sinking fund debentures, which matured March 1,
1941, in the sum of $4,457,000, with interest amounting to $1,581,992.
bonds, series B, due Aug.
Capital
:
of the
stock
A stock,
of class
Treatment
of
Bonds
will receive, according to the plan,
of series B bonds in exchange for each
$1,000 of notes and coupons thereon.
Each holder of debentures will
receive $7o6 of series A and $700 of series B bonds in exchange for
each $1,000 of debentures and coupons.
This distribution, plus a small cash payment,
will equal not only
the amount of principal and interest on the gold notes and deben¬
tures but also interest at the rate of 5V2%
and 6%, respectively, on
Each
$680
of
of
holder
series
A
gold
and
notes
$680
unpaid instalments of interest.
Convertible
50
year.
be forthcoming.
So far as
portion of the outstanding
by a very few persons.
is held
plan
shares
of 3.375 tons
1,125
original installation of an electrolytic line at the Gary Tin Mill,
where the first such equipment of its kind in the world was placed
are
New
hot dip method compared with
the
on Jan. 29 filed an opinion In the U. S.
holding that the plan of reorganization is
provides for the issue by a new corporation of not over
$4,150,300 of collateral trust 4 V2 % bonds, series A, due Feb. 1, 1956;
and
not
over
$4,150,300 of collateral trust 5%
cumulative income
The
plants in the Chicago, Pittsburgh and Birmingham
districts.
One electrolytic tin-plate line and two black plate treatment
lines will be installed in each district.
The new lines for the production of the electrolytic tin-plate will
have a total annual
capacity of approximately 225,000 tons, which
of pig tin by the conventional
'.tons under the new process.
believed
is
bonds
amount
be
to
Boston
of stock.
class
each
It
.
will
at
Court
equitable and feasible" and Is therefore approved. The Judge's
opinion directs the company to fix a time within which the creditors
and security holders may assent to the plan.
In order to make the plan operative it will be necessary to secure the
assents of two-thirds of the bondholders and creditors and a majority
located in subsidiary
pares
Net
District
Carnegie-Illinois Steel Corp.
tin-plate.
facilities,
new
Co.—Plan Approved by Court—
Brewster
Judge
"fair,
Subsidiaries Installing Additional Lines—
Tp aid in conserving the Nation's vital supply of pig tin, and to help
in meeting can makers' war-time demands, United States Steel Corp.
subsidiaries are installing three additional electrolytic tin-plating pro¬
duction lines and six supplemental production lines for chemically treat¬
ing black plate, Benjamin F. Fairless, President of United States Steel
Corp., announced on Feb.
10.
Both the electrolytic tin-plate and
chemically treated black plate will, in certain applications, be used as a
Those
the higher
now
Warren Brothers
Federal
1
.
has been in charge of the
Pittsburgh district,
tions,
expansion
new
'
Washington office of United States Steel subsidiaries.
Mr. Myers
has been on the public relations staff of United States Steel Corp. ox
Delaware in Pittsburgh.
Mr. Camp has been Director of Public Rela¬
$6 683,543
30.754
expenses
$612,293
469,056
revenues-
are
the
these
Operating
the
Delaware
district.
McLaine
greatly in¬
contemplated," Mr. Stilwell said further,
"is at the urgent demand of the War Production Board.
It reflects
the nation's demand for more and still more turret lathes for war
production. Come what may, it is the obligation of the company to
fulfill this need to the utmost of its ability."—V. 155, p. 608.
"The
and the presidents of the subsidiary
companies in the Pittsburgh district, Mr. McLaine will be responsible
for all public relations functions of these subsidiaries in the Pittsburgh
Mr.
sales, Charles
sales, is lower
because of increased taxes, but also because of
creased wage rates in 1941 as compared with 1940, and
cost of work sub-contracted outside our own plant.
only
1942.
16,
Steel
States
President,
Stilwell,
not
public relations offices for the Pittsburgh district will be located
436 Seventh Ave.
Working directly under the President of United
tonnage
1941.
;
its
the percentage of profit to
stated: "It is true net profit to
concerning
asked
When
J.
the
basis.
week
The
(Dallas)—Extra Div.
dividend of 25 cents per share and the regular quarterly
like amount, recently declared on the common stock, par
extra
general
and
Feb.
$9,503,200 of tax anticipation certificates
purpose,
Summarizing
in New York, who, for the Chairman of the board of direc¬
exercises
substitute
Trinity Universal Insurance Co.
;
manufacturers, for 1941,
estimated Federal income
according to the report.
company's 1940-41 record of production of turret
lathes required for practically every type of modern military equip¬
ment, the report states that during these two years the company has
spent over $3,000,000 of its own funds for plant expansion, has leased
two additional plants, has increased employment from 1,775 to 3,634,
and has subcontracted 26% of its production.
The company has oper¬
ated throughout this period on a
three-shift, 24-hour, seven-day-athis
for
appointments of W. Everett McLaine as Director of Public Rela¬
tions and Edward C. Myers as Assistant Director of Public Relations
for
United
States Steel subsidiaries in
the Pittsburgh district were
announced in Pittsburgh on Feb. 9.
At the same time it was announced
that Walter E. Camp will become assistant to J. Carlisle MacDonald,
assistant to the Chairman of the board of directors of United States
tors,
has already purchased
pany
the
regular quarterly dividend of 15 cents per share on the common
value, both payable April 1 to holders of record March 20.
distribution of 60 cents per share was
-.'/'.y ;
and the
stock,
~
2.6%.—V. 155, p. 509.
The directors have declared
*
involving
Ltd.—Extra
Bros.,
Stedman
;;//'v
;
through Massachusetts Distributors, will be 4%„
transactions
single
in
except
1
amount of the funds which State
investment purposes.
Discounts to dealers,
<
earnings of the company, turret lathe
deductions including provision for
all
totaled $4,929,859 as compared with $3,371,283
for 1940, according to the company's annual report to shareholders.
Earnings for 1941 were equivalent to $6.03 per share on the 816,635
shares outstanding as of Dec. 31, 1941.
The
company's shipments of turret lathes, tools, parts, etc.,
in
1941
totaled $34,903,703 as compared with $19,027,259 in 1940, and
$9,237,082 in 1939. The 1941 shipments figure, the report .points out,
reflects the constantly increasing demand for turrent lathes for the
incredibly expanding needs of war production.
Provision for estimated Federal income and excess profits taxes for
1941 was $9,920,000 as compared with $3,735,000 for 1940,
The com¬
514,855
310,908
44,212
2,366
—
effective
proceeds will be used to increase the
Swasey Co.—Annual Report-
Warner &
$2,250,000
650,385
—
cumulative
corporation
the
Inven¬
preferred
(on
Net
to
uncompleted sales
of
account
on
Steel Corp.
State Street Investment Corp.—To Issue New Common
•
miscel¬
officer,
and equipment, $1,-
cash surrender value of Insurance on life of
$1,410,480;
after
The
$10, payable March 2 to holders of record Feb.
was
year,
1
on
amount
common
A
*
dividend of 60 cent? per share
a
1941
payable
to
banks, $250,000;
accounts payable
payroll warrants outstanding, $21,045; dividends pay¬
stock), $14,708; accrued liabilities, $295,800; pro¬
vision for income taxes, $238,447; long-term 3% notes payable to bank,
$400,000; $3 cumulative convertible preferred ($50 par), $980,550; com¬
mon
stock (50,400 no par shares), $725,500; surplus, $412,040; total,
$3,782,755.—V. 155, p. 512.
1,798,058
54,167
21,821
7,916
89,250
-f
33,443
1'
892,198
1
$3,500,000
accrued accounts—
profits taxes estimated
within one year
excess
Total
to
39,185
Standard Oil Co. of Kansas—^60-Cent Dividend—
The
greater.
Liabilities—Notes
607.
p.
$15,000
approximately
been
(trade), $444,664;
United States Steel Corp.—New Appointments—
4
rates adopted during the
income tax purposes;
the provision would
1941 to conform to those allowed for Federal
use of
the former rates been continued
able
$8,404,001
payable and
•Less reserves
—V,
1940
$273,727
___
Capital surplus
Earned surplus
.
10,416
:
-—
depreciation and amortization included in the
to $131,563 in 1941 and $156,150 in 1940.
for
amounted
prepaid expenses, etc., $23,887; plant
260,696; patents (net), $12,522; total, $3,782,755.
k
for Fed.
28,769
49,149
$16,426
Assets—Cash, $168,427; customers' receivables (net), $884,508;
(including $259 due from employees), $1,134;
4,634,186
——
subsidiaries.
credit
5x/i.%
Feb. 8, '41
16,057
>
47,632
2,058
$309,660
14,708
the
tories,
2,918,406
etc.—
tReserve
*
33,092
31,761
-
1
Jam 31, '42
Feb. 7, '42
Week Ended-
i
;
$18,485
238,000
Consolidated Balance Sheet, Oct. 31,
1,454,131
—
—,____^
Deferred
Morris Sontag remains as Chairman of , the
Co.- -Carloadings—
(net)—
European
Common stocfk
Southern
$547,660
,/
taxes
preferred stock
$1.29
$11,326,568
and
become
,
74,254
$18,485
—
statement
have
219,016
•
5,520,581
(net)—
payable—banks.—
Accounts
*"
William Raboff has been elected President
Secretary and a director.
Board.—V. 145, p. 2864.
had
31
Dec,
—
Income
resigned as President and has been elected Viceand L. V. Lloyd,
Nathan Sontag has
President.
in
goodwill,
,
%;f
income
depreciation provision was computed at
year
69,036
1940 amounts for
1941
receivable
Liabilities—
20.
Changes in Personnel—;
Sheet
.
property
Total
no par value, payable March
1. to holders of record
Previously, the company made quarterly distributions of 15
cents per share
on this issue, the last at this rate being paid
on
Dec. 1, 1941.
' .
;;
,
for
Note—Provisions
$352,581
•
36,114
$513,369
34,291
—
and excess profits taxes,
the
dividend of 10 cents per share on
a
;
receivable
investments
Patents,
Sontag Chain Stores Co., Ltd.—Smaller Dividend— .;
common
Balance
—1
Investments
•Plant
Feb.
etc.
Dividends on
$204,114
accounts
accounts
Sundry
quarter from Dec. 15, 1939, to and inch Dec. 15, 1941.—V. 154, p. 1103.>.
,
$2.88
Due from,
March
cents
$92,739
laneous receivables
Prepaid iand deferred charges
employees
—
Deposits 011 leases, contracts, etc.—.
Mortgages receivable
dividend of 50 cents per share
*
and
i
-
Inventories
*
extra
an
|
—
Instalment
' '
To Pay Extra Dividend—
The
Assets—
Cash
24,548
$549,483
income
$21,100;
105.800
$68,191
24,299
profit
above
219,016
par)
Consolidated
/,$188,154
105,800
"
V.
(.$5
65,403
reclassifications have been made in
minor
1941—6 Mos.—1940
1941—3 Mos.—1940
Period End. Dec. 31—
•
806,506
$525,184
;___
profit before income taxes—,..—
Net
of comparison.
purposes
-Earnings—
stock.—
share——
per
$874,698
",
income
Net
694,480
stock
common
Earnings
-
?x,472,529
sales—
on
profit bef. spec, credits and inc. taxes—
Special credits
115,480
$697,254
preferred
on
3,042,263
Net
.
204,464
309,202
,
profits tax__
Dividends
•/*
$3,916,960
947,344
(estimated)—
taxes
—
income
Net
1940
$6,138,061
-
—
profit
Total
The
Schiff Co.—January Sales-
(The)
Subs.)—
$871,991
for Fed. & foreign inc.
Prov.
(&
1941
advertising, general and administrative
Interest,
income
Interest
profits"
excess
/
$2,200,800
2,191,941
expenses
Depreciation of physical property
$4.02
$6.61
.
and income taxes and
depreciation
tax in 1941.—V. 155, p. 698.
!
$4,132,140
$4.76
Earn, per shr. on com.
(
$6,268,360
$4,786,652
$4.91
profit
1938
of Wisconsin
profit from operations—
Other
3,736,097
operations—
from
Co.
$5,942,898
6,759,307
and other
Gross
1939
£
were
~
-
Provisions
1941
cars
4,665,533
sales
Selling,
■>1940
$10,850,298
;
—
profit on sales.
administrative and general
Interest
.
18,144
;
1941
Safeway Stores, Inc.—Earnings-rCalendar Years—
of
Cost of sales
607.
p.
16,164
14,830
total
Subsidiaries)
European
goods sold
Selling,
.
a
,
(Exclusive
sales
Gross
Feb. 7, '42 Jan. 31, '42 Feb. 8. *41
V 17,366 ;
17,784
..
13,883.
1942
—k/:
Years End. Oct. 31—
Net
St. Louis-San Francisco Ry.—Carloadings—
'
31,
expense
,
Calendar Years—
Cost
Jan.
608.
p.
Earnings—
.
Net
ended
155,
Walker Manufacturing
:l
was
Gross
United States Hoffman Machinery Corp.
has
Jr.,
Jones,
indictment alleged.
falsely
represented to investors, the indictment charged, that the stock would
steadily increase in value by reason of earnings from the Plymouth
interests.
It was also charged that the defendants misrepresented the
been appointed individual trustee under the
indenture covering
the first mortgage 3'/2 %
bonds, series B, dated
April 1, 1936, to succeed Oliver F. Roth, resigned.
The New York
TruSt Co. is corporate trustee.—V. 152, p. 437.
E.
cents per share, the
cents to 30
214
Trustee—
~',R.
10,514
17,817
—
week
the
For
loaded.—V.
manipulated tne over-the-counter,, market in the stock to
price from approximately 14 cent per share to 5 cents per
The defendants had optioned the stock at prices ranging from
share.
•
5,650
9,250
the
raise
exceeding $1,500 Hubert F. Atwater and William Carnegie Ewen to
investigate and, if possible, formulate and submit a reorganization plan
for the company, there will be a hearing on the petition at the U. S.
Court
Feb. 8, *41
5,580
11,804
connections
from
Jan. 10, *42
6,013
California and conveyed to it interests in the oil
dormant
a
petition to employ at compensation not
a
"
locally
interests
,
/ Rutland RR.—Would Formulate Plan—
Feb. 7, '42
Week Ended—
Loaded
fendants
:
k
Wabash RR. Co.—Carloadings—
named as defendants were James H. Collins, Sidney
Fischgrund, Fred V. Gordon and Christopher E. Schirm, all of Los
Angeles, and John H. Morgan of Salt Lake City.
The indictment elleged that the defendants organized Plymouth Oil
The
Creditors
are
of
claim,
$1,000
bonds
maturing
given
an
Cuban
1977.
Into
Cub^n
Bonds
election to accept for each $2 000 of their
bonds maturing 1955 and $1,000 of Cuban
The
balance of
the claim of a creditor
exercising such election is payable in equal amounts of series A and
series B
bonds, with cash adjustments to obviate issuing scrip in
amounts less than $10.
.'•'.'
•
' • '
i
..
:• **••'.
The bonds are to be issued under a collateral trust agreement which
will create a first lien upon '4V2% Cuban bonds of a principal amount
:
'
4"*+'
agreement
Tuesday, February 17, 1942
CHRONICLE
Weekly Return of the Board of Governors of the Federal Reserve System
the
by
creditors
the
equal
-
FINANCIAL
THE COMMERCIAL &
740
-
the principal amount of the bonds to be issued under
(that is to say, $8,300,600, less-the amount taken
electing to accept the Cuban bonds)
and also upon
portion of the other assets of the debtor which will
as collateral security for both series A and B bonds.
to
greater
pledged
Treatment
Class
first
with holders of
due from U.
Reserve
Other
Bills
The stockholders have a
Success
Depends
it
of
any
remove
fair
to
that the
Dec. 17,
1941
$$
1941
■
$
$
1942
Dec. 24,
>
1941
1942
11,
FEB.
}.*/,• Dec. 31,
Jan. 7,
'
1942
$
.
j
•,■
20,516,016
20,490,015
20,515,018
13,668
-14,688
14,586
213,759
223,766
20,743,465
20,754,368
20,522,016
20,523,015
20,488,015
20,490,017
12,195
13,437
13.436
13,669
350,171
371,455
353,083
337,653
296,423
260,678
20,883,348
20,905,666
20,839,104
20,800,109
20,764,361
20,257,590
.
-
20,889,535
'.V-
■
*
;
;>i'y
v\,
;
2,377
'
....
;
"
1,862
3,006
3,088
2,234
2,518
'""715
.,682
732
857
3,969
3,092
2,544
3,738
3,945
>3,203
3,582
8.877
7,877
9,001
9,024
9,421
9,512
1,550.155
1,284,600
1,550,155
1,550,155
1,551,605
692,500
899,500
692,500
692,500
692,500
6,000
-v;%
1,991
1,064
:
v
:'-i
1,768
y:
5,104
1;187
2,831
1,965
4,120
2,955
9,619
9,504
1,466,805
1,466,805
777,300
777.300
10,370
10,370
.v,
■:yy 2,473
,
7,069
5,304
9,710
9,711
1,466,805
1,455,467
1,452.070
777.300
777,300
777.300
10.370
10,370
10.370
•"
direct
sec.,
guaranteed:
Bonds
r
.
*
8,129
■
advances
Govt,
and
Notes
Bills
.>
..
pays
Total U.
been
'
Govt,
S.
;;;
sec.,
2,239,740
2,242,655
2,184,100
2,242,655
2,242,655
2,250,105
2,254,475
2,254,475
2.254,475
2,243,137
—
2,254,624
2,194,521
2,255,394
2,255,624
2,262,729
2,267,569
2,268,214
2,266,934
2,259,916
foreign banks-
47
47
47
47
47
47
47
47
47
47
27.920
26,310
32,779
31,903
34,036
37,217
39,414
36.287
32,906
29,475
938,444
793,567
1,008,459
1,210,160
1,218,429
1,449,654
direct
&
guaranteed
bills
Total
Due
from
Fed.
just obligations."—V. 155,
will repudiate its
Republic of Cuba
512, 309; V. 154, p. 1732.
p.
S.
U.
''
within about $20,000,
Republic
have
which
>
11,660
,.and
dlscounted-
bills
Industrial
the principal and interest of the Cuban bonds
hypothecated as security. It is difficult to conceive
plan of reorganizing debtor's capital structure which would
all doubt respecting the future of the Cuban bonds.
It is not
the Cuban Government or to the old stockholders to assume
Cuban
Jan. 14,
>
20,521,517
\
direct
,'.i
estimated
been
;
1942
$
v.
345,211
20,884,575
—
discounted—
bills
'.n
the
on
bonds to
has
Jan. 21,
^
1942
$
"
pledged Cuban bonds will be sufficient to service the
and if the Cuban Republic defaults,
that other income of the obligor will be ample
to service series A bonds.
"It is doubtless true," states Judge Brewster,
"that the ultimate
success
of the plan depends upon whether the
Interest
new
'
BUSINESS
by U. S. Govt.
oblig.,
Cuban Government
on
Jan. 28,
:
-
$
-
AT THE CLOSE OF
RESERVE BANKS
9,598
1
342,320
reserves
Total
Plan
of
19,902,781
12,737
guaranteed
Other
in exchange."
up
-
1942
FEDERAL
(Fed.
discounted:
Secured
.
given
20,529,518
S. Treas.T
notes)
cash*
Total
by .a comfortable
substantial equity which entitles them
to participate in the plan
The creditors' priorities have been recog¬
nized to the full extent of principal and interest up to date of the
new securities."
He adds that "it would not be unreasonable to suppose
that the new bonds, with the reduced rate of interest, would obtain a
market value fully as high as that of the old notes and debentures
"the debtor is solvent
that
states
$
THE
and
fund
Redemption
1941
-
$
,
OF
Feb, 4,
Feb. 12,
1942
*
hand
on
LIABILITIES
held.
share for each four shares of common
one
or
Brewster
ctfs.
Gold
AND
Feb. 11,
Assets
preferred.
The holders of the convertible preferred
40,907 shares of class B and also 118,231 shares of class
The common stockholders will receive 118,231 shares of class
stock,
Judge
margin.
(000)
Omitted
second
and
stock.
C
be
r >
for share,
share
exchanged,
be
Three Ciphers
receive
will
C
will
stock
A
Stock
of
COMBINED RESOURCES
Res.
and
sec.
-
-
2,210,302
of other
notes
'
banks
■
994.637
1,127,981
998,458
1,200,724
Bank premises
40,718
39,996
40,710
40,759
40,785
40,792
40,761
40,767
41,143
41,154
Other assets
48,456
51,367
47,144
$46,186
45,133
45,439
44.035
43,679
42,096
41,150
24,194,784
23,363,398
24,267,881
$24,274,822
24,400,246
24,440,328
24,191,038
24,352,799
24,338,002
24,570,603
8,178,757
Uncollected
Wayne Pump Co.—Annual Report—
1939
1938
$3,091,814
2,034,431
133,456
$2,856,226
1,992,637
143,103
$3,323,513
2,240,192
163,619
$3,591,486
2,489,900
*160,119
$923,928
509,113
$720,487
458,391
$919,701
388,791
$941,467
455,678
$1,433,041
107,150
323,793
sales,
Selling and admin, exps.
for
Prov.
Profit
$1,178,878
66,130
$1,308,493
151,020
$1,397,145
68,309
190,234
221,547
$263,631
operation
credits—,
income
Other
income
Gross
Income
Fed.
depreciation—
from
charges
&
foreign inc. taxes
Net
stock-
capital
on
Surplus
Liabilities
§Equivalent to $3.46
in 1940.
$28,000.
approximately
Sheet,
Nov.
:
receivable
♦Accounts
'
tInventories
—
;
—
(non-current)
receivable
contracts
Instalment
$Investments
Investment
in capital stock of inactive
domestic
subsidiaries
receivable
Accounts
property
§Plant
.
from
Total
Total
Accrued
Dividend
Due
payable
subsidiary not consolidated
for unearned finance charges, etc,
Reserve
stock
Common
■
($1
par)
226,808
289,659
Earned
1,766,776
3,670,840
—-
♦After
►
in
of
reserves
less
cost,
and
1941
$1,111,710
1-15
less
1-15
$6,497,582
tills
Expenses
Other
0.
S.
Total
income
for
Prov.
Federal
profits
excess
and
Canadian
$572,531
78,024
$321,118
137,500
$2.33
.Consolidated Balance Sheet Nov. 30,
Liabilities—Notes
notes
payable,
"
liabilities,
accrued
"
;
'p.
excess
33,477
•.
been
P-
$165,648
137.500
$1.29
$24,274,822
24,400,246
91.0%
91.0%
elected
90.9%.
1941
of
14,132
~
—
2,463
16
176
274
163
'
1,546
87
100
260
146
Govt,
'
.
•
.
>?;;
3,079 '
24
153
308
174
3,173
23
73,
* 427
249
Held
to
ctfs.
of
Coulee
Dam
Power
plant
probably
in
according
to
1 2,139
3,738
3,945
3,203
1,357
68
478
109
5,859
2,673
2,680
8,877
7,871
■<
'
'
14,937
14,969
,
,,
1,878
55
;108
; 136
778
;
•
4,120
A
,
5,064
276 '
112
" 283
1,334
.
2,789
281
v 107
v; 337
1,790
7,069
2,955
5.304
3,166
3,133
3,042
3,116
1,991
3,239
399
405
321
600
695
378
1,592
528
203
149
215
195
142
471
464
562
342
418
182
156
221
162
211
203
5,384
5,372
5,537
5,428
5,519
5,377
5,452
5,179
9,001
9,024
9,421
9,512
9,619
9,504
9,710
9,711
1,000
1,000
1,000
1,000
1,000
95,170
95,170
9*5470
95470
•
:
'
95470
6,000
2,242,655
2,242,655
2,2~44~105
2,158405
2,158,305
2,158,305
2,146,967
2,143,570
2,109,300
2,242,655
2,184,100
2,242,655
2,242,655
2,250,105
2,254,475
2,254,475
2,254,475
2,243,137
2,239,740
8,407,565
se¬
__
'
No^es—
Bank
6>218,053
8,739,078
8,671,848
8.647,111
8,629,228
8,623,423
8,611.926
8,592,656
390,808
286,589
387,436
441,723
448,195
458,644
444,666
419,757
390.573
393,239
8,422,164
5,931,464
8,351,642
8,230,125
8,198,916
8,170,584
8,178,757
8.192.169
8,202.083
8,014,326
6,351,500
8,860,500
8,800,500
8,790,500
8,734.000
8,724,000
' 8,703,000
2,384
3,394
3,497
2,696
8,760,500
3,191
8,562,000
8,952,000
3,756
2,567
6,527
4,415
2,717
8,954,717
Bank'
6,353,884
8,863,894
8,803,997
8,793,196
8,763,691
8,737,756
8,726,567
5,709,527
8,566,415
by Agent
for
on
Notes
hand
and
Treas—
paper
cash"
does
not
.
include
figures.
at
closely followed up, with the result that operating expenses
of sales were slightly lower than for the preceding year.
taxes and unemployment insurance, which are beyond the
control of
the management,
increased to $22,510,931 as compared
with $15,396,854 for the year 1940.
, ■
on
unit
per
However,
preferred stock was recently called for re¬
1942, at 105 and dividends. Payment is being
corporation.—V. 153, p. 568.
/ ;
•
outstanding
Jan.
was
penses
111.—Redemption of Preferred
.
the
when the dollar waa
difference, the differ¬
v.
31,
of the
office
(F. W.) Woolworth
.
Co.—Annual Report—
and C. W. Deyo, President, state;
amounted to $377,148,059
as compared
to
previous year, an increase of $41,673,239, which
is the largest increase in any year in the history of the company.
The upward trend in sales was more pronounced during the latter
half of 1941, and in continuing in January, 1942.
There were 2,024
stores as of the close of the year, 12 new stores having been opened'
during the year, and 16 stores closed.
Net income for the year was $26,114,373 after deducting $21,524,723
for depreciation,
amortization and reserve for governmental income
and excess profits taxes.
These earnings equal $2.69 per share of the
capital stock outstanding. This compares with earnings of $24,104,816,
or $2.48 per shax-e for the year 1940.
It will be noted that net income from store operations reached the
record amount of $41,401,486, which is an increase of $10,523,638 as
C.
S.
Sales
a
Woolworth,
for
the
for
Chairman,
year
the
compared with previous year.
Notwithstanding that wages
installed in the
1945.—V. 155,
British
The
.
.company
net
reports
income of
£6,404.759 for the
1941 before provision for taxes. This compares with £7,958,159
previous year.
This is a splendid showing considering the
'many difficulties which had to be surmounted because of the war.
Reserve for taxes was £3,557,205, a decrease of £753,705.
A dividend
the
<.
ordinary stock has been
makes a total dividend disof 1941 earnings, as com¬
pared with three shillings-three pence for the previous year.
After
deducting dividends (including the February dividend) and reserve, for
British Governmental taxes,
the surplus of that company increased
of
to
store
shilling-nine
one
declared,
pence
share
per
of
payable in February, 1942. This
of two shilling-nine pence out
bursefnent
to
compared with £6,782,741 a year ago.
of which this company owns 97% of the
organized in 1926, and grew until it had 82 stores
The investment has been carried at book value of
£7,057,795 as
The
German
capital stock,
in
operation.
company,
was
representing an investment by this company of $4,362,193
the proportion of accrued surplus earnings of the German com¬
1937- A reserve of $6,000,000 was set up aginst this
investment as of Dec.. 31, 1939, on account of war conditions.
Inas¬
$11,473,859,
plus
pany up to Dec. 31,
much
employees were increased
approximately $5,500,000 during the year, the control of other ex¬
and
609.
.
3,582
for
'
it
>
year
bv the Interior Depart¬
1944
90.6%
90.3%
bank—
the
demption
Inc.—New Director—
contract
.
and
Res
Security
"Other
made
Westinghouse Electric & Mfg. Co.—Awarded Contract
a
3.127
31
110
219
' 633
-
2,495
407
153
392
> 5,430
circulation
eligible
All
$250,000;
accounts payable, $209,961;
for Federal and Canadian income
awarded
2,624
:
32
48
318
560
;
'
14,597
~
•
Whiting Corp., Harvey,
-
has been
14,834
.
2,242,655
Stock—
President of the Chase National Bank, has
director, succeeding Vincent Astor, resigned.—V. 155,
company
00.7%
14,427
2,310
37
..
67
462
327
14,272
-— —
Res.
iRevised
reserve
ment for three generators on its bid of $2,792,330,
Washington (D. C.) dispatch.
The generators will be
90.7%
14,277
$90.8%
,
■'
5,127
-
Federal Reserve notes.
tThese are certificates given by the United States Treasury for the gold taken over from
the Reserve banks
devalued from 100 cents to 59.00 cents on Jan. 31, 1934, these certificates
being worth less to the extent of the
ence
itself having: been appropriated as profit by the Treasury under provisions of the Gold Reserve Act of 1934.
Campbell,
a
1
,
-
-
14,690
Total collateral
'
p.
•
74,800
direct
$335,474,820
368.
Grand
•
:
profits taxes, $139,291; customers' credit
Donald
The
.90.8%
.
—
adv
due from U. S.
1454.
H.
24,570,603
'
•,
securities,
S.
actual
as
and
Western Union Telegraph Co.,
.
24,338,002
disc
by Fed. Res.
issued
balances, $17,024;
mortgage installments payable,
$40,000; due to employees, $9,251;
rnortgace payable, $366,000: common stock (137,500 no par shares),
$1,375,000; capital surplus, $625,000; surplus arising from appreciation
©f fixed assets, $130,111; surplus, $1,245,399; total, $4,530,280.—V. 152,
and
:
$123,244;
24,352,799
24,267,881
'
91.0%
,
days
U.
Collateral
accounts receivable (net), $707,;;923; miscellaneous accounts receivable, $17,893; merchandise inven¬
tories, $929,878; merchandise in transit, $14,125;
series C bonds of
; Bedford
Pulp & Paper Co. Inc., redeemable in Feb., 1942, $67,500;
other assets, $590,717; containers on hand and in ,trade—less reserve,
$84,879; fixed assets (net), $1,115,353; maehines and appliances, $390,249;
patents,
trademarks
and formulae
(net), $239,127; deferred
charges, $91,511; total, $4,530,280.
$281,125;
Assets—Cash,
24,191,038
23,363,398
-
142,780
157,502
" 26.780 >
46,948
142,872
157,502
26,780
46,969
g 812 972
♦
•,
24,440,328
46,889
days
Gold
stock
142,037
157,065
26,785
48.353
days
Held
and
—
Earnings per share on common
26,785
48,486
'
,
142,902
157,502
26,781
$46,997
'
—
Federal
32,853
.>
142,114
157,065
—-—
ly
profit for the year
Dividends paid
142,180
157.501
26,780
47,032
142,923
157,502
26,781
) 46,936
and guaranteed-
Issued to Fed
$309,003
77,025
32,185
141,204
Net
142,687
157,502
26,780
46,962
*
_
,
139,514
157,065
26,785
47,293
days
46,216
taxes
24,196,363
make
guaranteed
'$262,787
:——
:
.
income
23,963,552
davs
31-60
1,948,182
$487,996
84,536
—
23,979,306
16-30
1,715,400
2,382,360
-
amortization
Depreciation and
23,817,107
1-15
In
Other deductions
24,066,318
-
Govt,
direct
$3,926,369
-
24,026,123
days
1940
—
1--;
income
23,900,640
24,194,784
days
Total
$941
—.
-
—
Operating profit
23,893,739
3,092
61-90
2.390,202
—
—
—
5,564
22,992,741
ind. adv
lnd. adv.
31-60 days ind. adv
61-90 days lnd. adv
Over 90 days ind. adv—
289,658
$5,260,557
and allowances
returns
Cost of sales
5,838
Short-Term
curities
Sales,
979,104
2,150
bills
16-30
Subs.)—Earnings—
"
1,106,929
2,550
days bills disc—
Over 90
I
880,244
3,179
«
Distribution
days
Total
consolidated.—V. 154, p. 584.
West Disinfecting: Co. (&
1,087,392
3,323
days
90
Over
1941
Years End. Nov. 30—
1,007,506
2,852
bills disc
16-30 days bills disc
31-60 days bills disc—
etc., of $75,000
foreign subsidiary companies not
911,721
2,653
Securities—
and $137,505 in 1940.
tAfter
in 1941 and $39,500 in 1940.
§After reserves for depreciation of $1,059,271
in 1940.
^Investments in and advances to
in
$161,854
reserves.
$7,279,949
——
T———
for obsolescence,
reserves
$At
'
—-
947,434
3,132
.
Res.
to
Total industrial
Total
727,878
to de-
advances
and
Bills
1,766,776
3,247,951
—
-
—
861,625
and""
Fed.
and
Maturity
300,999
!
:
surplus
surplus
Capital
posits
Industrial
144,802
21,515
—
14,805,163
—
accounts
capital
589,596
to foreign
640,156
14,816,378
*
liabilities
Ratio of total res.
$136,284
,
656,951
14,755,942
143,040
61-90
accounts
684,551
14,592,010
157,502
26,781
■■■,,
$6,497,582
payments
1,271.261
925,253
23,820,572
items
liabilities
Total
'-"'l
88,846
1—
payable
Advance
588,184
629,780
673,254
(section 7)
Surplus (section 13-b)
Other capital accounts
LiabilitiesAccounts
,
852,905
613,028
16,330,267
Capital Accounts
125,625
$7,279,949
808,967
1586.170
628,823
note llahll. combined
144,803
15,162
„
907,665
1774,062
incl. accrued
Commitments
$221,503
271,293
—
-
867,493
787,364
754,816
Capital paid in
-
1
100,196
'■
charges and prepaid expenses—!
Deferred
-
663,254
418,609
729,779
3,421
avail,
Deferred
Other liab.,
86,37995,247
1,408,873
1,133,299
:
284,180
8,014,326
12,497,269
716,060
663,125
dividends
673,107
!
302,149
682,406
8,202,083
12,446,867
14,533,362
1940
$1,039,116
1,796,008
1.075,534
1,139,021
4,885
107,125
———,—
.
-.
,
376,245
1,163,819
account
1,000
•
Hydraulic Co. of Pa.
and advances
f Investments
■■.Patents-
•
rr
—
622,471
680,744
8,192,169
12,450,333
8,170,584
12,991,582
Surplus
1941
V; $857,025
2,323,959
1,564,553
826,670
4,167
Assets—
Cash
8,198,916
13,145,468
Foreign
Other deposits
30
'
8,230,125
13,074,608
U. S. Treas.—General
capital stock in 1941 and to $3.19 per share
Balance
8,351,642
12,848,808
318,516
account
reserve
share of
per
5,931,464
13,870,693
Deposits—Member banks-
♦Including charge for property abandoned.
tAccounts of English and
included.
Ilncluding surtax on undistributed
profits,
8,422,164
12,905,279
circulation
Brazilian subsidiaries not
-
notes in actual
Fed. Res.
$486,011
$356,722
$343,309
$422,889
-
assets
Total
$1,065,205
579,194
$935,925
579,202
§$922,514
579,205
§$1,002,098
579,209
profit
Divs.
11940
tl941
Years Ended Nov. 30—
Gross profit from
items
as
war
now
decided to write
owned
in
exists
this country and Germany, it was
Furthermore, a warehouse
which was carried on the books at a
between
the investment
Sonneberg,
Germany,
down to $1.
v
"
Number 4047
Volume 155
THE COMMERCIAL & FINANCIAL CHRONICLE
'Liabilities-^
depreciated* cost .of $373,384, was also written down to $1; The fore¬
going items resultd in. a charge of $5,847,241 to surplus.
The full
reserve
previously set up against investment in German government
bonds carried at a book value of $310,139, was
applied, thereby
charging off the bonds.
:
15-year 2 V2c/o
Purchase
of enlargement and improvement of stores was con¬
tinued during 1941, bringing the total number of new and improved
stores up to 971. This work will be very much curtailed during 1942
program
because
of
conditions.
war
Account
Consolidated Income
;
,
.1
Net
sales
Net
rental
for
Calendar
$
income—
for
Interest,
etc.
96,895
..
Total
income—
and
Amortiz.
——
Federal tax
Prov.
2,848,680
8,861,603
307,828
for
profits
6,600,000
Gross
300,000
152,948
4,190,000
•
profit
26,114,373
19,407,217
-
24,104,816
23,288,662
29,310,353
23,288,663
^ 28,584,944
6,707,155
——
816,154
6,021,690
-
Net
—
5,296,278
—
23,288,666
charges
Consolidated Balance Sheet Dec, 31
,
.
(net)
and
estate
tBuildings
mises
be
to
and
improv.
leased
1941
pre¬
56,208,468
amortized
and fixtures--
1 Furniture
on
,————
43,998,074
Goodwill,'.::^-^lwii:i^—- i'-ij:
Investments
42,744,265
Cash
—i*..—..
————-—
19,590,902
Accounts and other receivables
1,262,592
10,750
49,011
y.
;
■
...
$33,963
■
of
(remnants, employees,
$12,869; total, $2,819,073.
due
John
etc.,
net);
items
during the week and the
as
follows:
■
discounted
on
the
common
Distributions of
like
amount
were
11, 1942
oblig..
this
Aug. 15, 1941, as against 10 cents on Aug.
Feb, 15, 1940.—V. 153, p. 709.
15,
issue
on
Feb.
1940 and 20
15
Feb. 12,1941
4,000,000
adv.
(not
lnclud.
$15,000,000
Feb.
Other
Res.
credit-
credit
Bank
bank
res.
1,000,000
+
16,000,000
+
; 11,000,000
2,331,000,000
+
15,000,000
+
71,000.000
+
3,000,000
+
611,000,00(1
+
4,000,000
+
56,000,000
+
88,000,000
11,319,000,000
2,194,000,000.
with
163,000,000
+
7,000,000
—
966,000,000
—
2,654,000,000
18,000.000
—
Fed.
Banks
Non-member
cents on
+
77,000,000
3,263,000,000
-
dep.
Reserve
1,000,000
12,905,000,000
bal
circulation-
Treasury cash
and
60,000,000
'•
22,741,000,000
Treasury currency
in
+
9,000,000
Bank
stock
Treasury
4iw.i
commit.—
11)
Res.
Total
Gold
1,000,000
—
2,239,000,000
guar,
Member
on
;
\ or IDecrease' <—
V'Since f
Feb. 4,1942
3,000,000
oblig..
Govt.
S.
Indus,
dividend of 20 cents per share
16 to holders of record Feb. 6.
made
—
U.
P.
recently declared a
stock, payable Feb.
■
U. 8. Govt, direct,
Money
directors
,
fIncrease'<
^7 Since
Bills
;:- v:v
York Knitting Mills, Ltd.—20-Cent Common Div.—
The
ended Feb. 11, 1942,
year
$
$162,499; total, $2,819,073.—V. 155, p. 92,
Inventory (merchandise, etc.)
69,565,210
Stores, supplies, etc.———*.—«
.-i>—1,903,027
Prepaid insurance and sundry items
—907,591
German, government bonds—■
es¬
increase
:
Feb.
prepaid
$6,676;
were
an
.
$172,807-
.
11
reserve balances and related
59,761
$138,844
Feb.
on
$3,360,000,000,
$30,000,000 for the week.
Changes in member bank
,'r
■
-
of member banks
reserves
timated to be approximately
were
52
Cr303
Maguire & Co., Inc., factors,
$214,734; note payable secured by chattel mortgages, $43,362; accounts
payable (trade), $287,483; Federal taxes on income, $59,70(1; other
Federal and State taxes, $12,342; payroll and commissions accrued,
$28,129; reserve for loss on returns and allowances, $1,593; notes pay¬
able to certain present and former directors, $25,000; 3V2% cumulative
prior preference stock (par $100 per share), $866,700; 1% cumulative
preferred stock (par $100 per share), $15,500; common stock (par
$100 per share), $1,100,000; capitpl surplus, $2,060; earned surplus,
25,404,011
buildings owned
owned
355
increase of $88,000,000 in money in circulation.
an
$20,012.
Liabilities—Advances
$
Assets—
•Real
etc.,
insurance,
in
$15,000,000 in Reserve Bank credit, $3,000,000 in gold
Excess
Six Months Ended -i* Year Ended
receivable
accounts
subsidiaries.
$57,000,000
stock, and $4,000,000 in Treasury currency, offset in part
May 31, *41 Nov. 30,'41 Nov. 30, »41
$178,341
$339,144
$517,484
82,397
90,782
173,179
14,124
15,024
29,147
9,447
15,921
25,368
; <y-:26,848
- v
29,362"
•
56,210;
1,115
Crl54
961'
-
v
'J•<*
Assets—Cash,
of
,
Sheet, Nov. 30, 1941
inventories of raw materials, supplies, work
in process and finished goods, $1,065,082; fixed assets (net), $1,714,434;
per
decreases
.
Balance
shr. on
$2.95
com.
stock (par $10)
$2.69
$2.48
$3.02
'Including Canadian subsidiary, tlncluding Domestic and Canadian
earn,
—
——————„
Net profit
Surplus
<■
Provision for Federal taxes on Inc..
;'v:
from
reserve
member
posits and other Federal Reserve accounts, and increases
of
Manufacturing Co<—Earnings—*
,
Miscellaneous
Net income
.
.
sale of real estate-
Loss on
4,700,000
Common, dividends—
,
Sellihg and admin, expenses
Discounts
(net). ——
Interest paid 4——
Depreciation ■—
v
'
.
taxes
162,029
Period—
arose
Additions to
000 in Treasury cash, and $58,000,000 in nonmember de-^
———
by
/
reserves
$56,000,000.
Treasury deposits with Federal Reserve Banks, $7,000,-
of $4,656,312
reserve
,
3,925,283
4,287,153
310,102
159,549
4,200,000
480,300
9,030,000
excess
——-
depreciation
Worumbo
,
..
1
bank
increased
—
—————_—
~rV. 155, p. 643.
4,482,068
balances
261,584,141 256,398,382
in 1941 and $4,543,181 in
tAfter amortization of $4,687,152 in 1941 and $4,482,068 in 1940.
{After depreciation of $13,184,983 in 1941 and $12,610,936 in 1940.
§Reserves for investment in F. W. Woolworth Co., G.m.b.H., Germany.
z
—
■
100,000
100,000
6,000,000
109,916,614 109,117,498
—
——
Total
of
bldgs, and
impr, on leased prop.
4,687,152
Interest
——.i..—583,769
Foreign exch. loss, net208,764
current—————
Reserve Banks
During the week ended Feb. 11 member bank
8,204,089
29,152
398,985
1940.
384,178,202 343,428,967 330,025,617 317,034,344
335,746,573 304,596,972 289,039,363 277,514,450
3,002,782
2,719,096
2,366,719
3,107,571
-
expenses—.
Depreciation
§Other reserve
Surplus
304,304,742
711,492
1,506,638
8,833,011
107,108
7,024,708
108,495
6,107,360
:
Cost
Resreve
'After
owned—
secur.
i,230,465
9,080,526
297,917
16,102,708
388,411
275,347
—
for foreign exchange losses.———
for employees' benefits——-—-
Reserve
of for¬
earns,
payable,
Mortgages
11938
$
'
taxes——
The Week with the Federal
97,500,000
22,000,000
2,439,750
money
for
Reserve
,
*1939
$
eign subsidiaries
Inc.
Years
*1940
$
377,148,059 335,474,820 318,839,664
825,888
820,944
739,196
——
Undistrib.
I
*1941
•
■
——
J
*
C'
sinking fund debentures.——22,000,000
mortgages-—.—
2,039,525
Accounts payable; merchandise in transits—1—1,782,336
Accounts payable and accruals——11,227,117
Accrued interest on debentures—
1
252,083
"
The
v
stock —-———————97,500,000
Common
741
319,000,000
deposits
57,000,000
—
303,000,000
&
■
other F. R. accounts-
1,598,000,000
58,000,000
—
522,000,000
Weekly Statement of Resources and Liabilities of the 12 Federal Reserve Banks of Close of Business Feb. 11,194
Three
Ciphers
Federal
(000)
Reserve
Kansas
Omitted
Agent
Total
at—
Other
cash*
-
Total
;
.
notes-
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
San
Dallas
City
$
630,358
535
342,320
19,496
567,713
:
661
'7
Francisco
$
$
20,529,518
12,737
-
392,845
1,614,406
501
.
-■
1.144
15,190
14,190
30,166
583,564
407,536
1,645,716
and guaranteed-*
25
90
—'——.
87
—
............
■■reserves
New York
$
ASSETS
Gold certificates on hand and due from U. S. Treasury—,.
Redemption fund—Fed. Res.
Boston
650,389
■
377,175
Bills discounted:
Secured by XT. S. Govt, obligations, direct
hills discounted
Other
Total bills discounted
Industrial
advances
U. S. Govt,
securities, direct and guaranteed:
Bonds
46,804
70,866
60,405
Notes
20,907
31,656
26,986
59,830
67,711
102,522
87,391
193,760
103,055
87,749
1
1
"
'
Total V. S.Govt. securities* direct and
Total
Due
bills
from
95,907
See t
4,491
254
1,564
21,512
37,500
37,294
1,945
1,336
2,867
1,133
2,760
1,970
banks.
items
assets
Total
68,302
2
premises
Other
105,946
43,119
notes of other
Uncollected
Bank
guaranteed.
securities
and
1,465
2,129
1,826
4,542
foreign banks
Fed. Res.
272,925
95,395
133,930
«
:
-
193,970
yV
711
4
2,966
'
56,536
1,042,501
3,899,935
806,423
470,044
730,680
536,250
1,906,494
595,629
9,078,443
assets
433,281
1,775,727
330,765
214,486
271,221
136,887
737,113
1,473,221
2,014,649
LIABILITIES
F.
actual circulation
notes in
R.
Deposits:
637,343
5,817,834
654,784
470,592
1,817,872
373,127
185,904
360,218
310,570
975,555
27,825
52,901
34,899
12,703
40,231
14,102
16,076
28,578
20,911
22,155
26,145
267,080
64,693
29,651
82,214
20,217
14,825
19,543
19,543
51,250
19,*798
482,945
19,520
5,466
3,070
14,404
10,513
2,602
2,349
48,176
14,533,362
711,111
6,620,760
773,896
1,065,424
518,412
389,754
1,943,387
421,850
227,318
410,941
353,373
1,097,136
861,625
79,902
178,354
68,986
112,993
74,305
39,366
131,850
41,842
18,402
36,990
$4,337
44,298
3,421
470
648
302
344
327
175
487
106
127
123
134
178
23,820,572
1,480,774
8,949,597
1,438,813
1,979,987
1,026,325
715,998
3,851,451
794,563
460,333
719,275
524,731
1,878,725
143,040
9,403
52,222
11,854
14,758
15,741
11,888
157,502
10,949
56,651
15,171
14,346
22,925
10,79a
Surplus (Section 13-b)
26,781
2,874
7,070
4,393
1,007
1,429
2.121
Other capital accounts
46,889
2,424
12,903
2,990
4,551
8,389
Member
U.
account
bank reserve
Treasurer—General
S.
account
Foreign
Other
—
deposits
Total
Deferred
Other
—
deposits
availability Items
liabilities,
Total
accrued
lncl.
divs..
liabilities
CAPITAL ACCOUNTS
Capital paid in
Surplus (Section 7)
Total
liabilities
Commitments
to
—
and
24,194,784
industrial
advances.
does not Include Federal Reserve
'"Other cash"
notes.
1,506,424
9,078,443
1,473,221
2,014,649
1,042,501
729,720
3,899,935
14,690
capital accounts
make
2,968
806,423
135
366
2,781
1,072
1,471
1,664
1,774
470,044
730,680
23
1,500
1,100
tLess than $500.
536,250
1,906,494
2,804
>
Federal Reserve Ifole Statement
Three Ciphers
Federal Reserve
Kansas
(000) Omitted
Federal Reserve Bank
of—
Total
notes:
...
8,812,972
New York
$
$
$
Issued to F. R. Bank by F. R. Agent
Boston
712,335
2,250,042
Philadelphia
$
,j
615,153
Cleveland
$
835,406
Richmond
$
469,578
Atlanta
$
Chicago
'
308,471
.
$
1,812,649
St. Louis
$
348,080
Minneapolis
City
Dallas
$
$
220,258
)
279,955
151,138
Francisco
$
809,907
In
390,808
by Federal Reserve Bank
actual
Collateral held
circulation
by agent
Gold certificates
Total
on
collateral
as
.......
23,044
100,207
19,524
34,180
36,297
21,768
36,922
17,315
5,772
\ 8,734
14,251
72,794
8,422,164
689,291
2,149,835
595,629
801,226
433,281
286,703
1,775,727
330,765
214,486
4£-271,221
136,887
737,113
8,952,000
720,000
2,270,000
640,000
840,000
485,0Q0
315,000
1,840,000
360,000
222,000
285,000
156,000
819,000
2,717
Held
200
1,247
751
83
436
8,954,717
720,200
2,271,247
640,751
222,083
285,436
security for notes Issued to bank:
hand and due from U. S.
—
Treasury....
840,000
485,000
315,000
1,840,000
360,000
156,000
819,000
1
CITY DEPARTMENT
AND
STATE
Tuesday, February 17, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
742
BOND PROPOSALS AND NEGOTIATIONS
Hemet, Calif.
Approved—It is reported
that at an election held on Jan. 27,
ARKANSAS
Bonds
Bluff, Ark.
Pine
Offering—The Chairman $30,000 municipal hospital con¬
of Public Affairs struction bonds were approved by
receive bids until Feb. 18, the voters.
Bond
of
Board
the
will
10
at
purchase of
the
for
a.m.,
Los
$25,000 airport bonds. These bonds
are part of the $200,000 issue ap¬
proved by the voters on Aug. 6,
,
s
County
bonds.
$1,000 on Aug. 1
in 1944 to 1953 incl.
Pulaski Road
Commissioners of
Due
Improvement District No. 10 have
not extended taxes to pay the bal¬
Denom.
$1,000.
on
with
filed
A.
L.
Clerk
County
Mashburn yesterday. ' :
-
said T. E. Patterson,
The report
Woodmen
secured
a
Camp,
Sovereign
and
trustee,
World,
had
federal court judgment
the
of
$1,526,731.25 and 5% interest
Nov. 1, 1937, in a suit to
of
from
foreclose
lien
a
district bonds.
on
Trust
Franklin-American
-
Com¬
trustee, and the Union Na¬
tional Bank, agent, had secured
pany,
judgments of $136,234.37 and in¬
terest from May 1, 1938, and $1,395.71 and interest from March 1,
1939.
Proceeds of Arkansas Road Dis¬
trict refunding bonds,
Series "A,"
acquired by the district in connec¬
litigation, have been ap¬
plied on the judgments, leaving a
tion with
balance due the W. O. W. on Dec.
31, 1941, on liens as follows:
Section 1
^
Section
;
Section
$193,213.29
22,444.19
3 >_u_—_ 201,334.19
dated
is
Section
6
the bank
The larger is¬
1, 1942, the
Section 6.
tion
Balance
on
In
March
hand
Road
the
district
District
has
cashier's check
than
less
on
refunding
bonds, Series "B" (non-interestbearing and due on Jan. 1, 1949)
3%
for
of
a
the
the
Supervisors, must
every
bid.
Monterey, Calif.
$250,000 issue of
District bonds
have been purchased on
Bonds Sold—A
the dollar the taxpayers
will
benefit
V
get the full
credit, it said.
of the
825.00
;
619.00,:
•
-
*
1.50%;
510.00
1.50%
fin
&
Burr,
787.00
FLORIDA
Florida
Bond
(State of)
Laws
891,
Chapter
$20,000 bonds
Griswold Independent
Cook County School Dist. No* 39
(P. O. Wilmette), III.
Prin.
Feb.
School
of
Board
states that the
is said to
Feb.
on
offerings
on
incl.
from
1
to
1958
int.
and
eous.
■
Ottumwa,
Bonds Sold—A
(J-D)
Iowa
$27,000 issue of
municipal airport refunding bonds
at the
First National is said to have been purchased re¬
Chicago.
Legality ap¬
cently by the Union Bank & Trust
proved by Chapman & Cutler of Co. of
Ottumwa, as V/zs.
Chicago.
Second
high bid * of
100.127 for 1.90s was made
by
KANSAS
payable
Bank
of
tured
-
shall
notice
N. T. & S.
A., of San Francisco, as
Issuance
Bond
.
Board
Defense
and
road
tenders
bridge bonds.
Sep¬
shall be submitted
each
of
bonds
the
county, but any number of such
sealed offerings may be enclosed
in one mailing envelope.
:
Walnut Hill Sch. Dist.
(P. O.
of the
Election—We
Bond
that
for
15,
an
to
issue
understand
called
submit to the
of $15,000 con¬
struction bonds.
Dist.
Bond
be held March
of
issuing
7
on
$61,000
water
School
Details—It
reported that the
ing bonds sold to
Space & Co., of
price of 102.00, as
is
now
$12,000 refund¬
on
prior to Feb. 28.
or
not furnish a
Savanna, III,
an
of
$50,000
on
hospital
the
approval of the bond tran¬
by the successful bidder's
borne
bonds
Vandalia, III.
Bond Election—An election will
on
legal opinion. Pur¬
subject to
script
building attorney,
bonds.
be held March 20
the question
whose
by
are
fees
rejection of the State School
Fund Commission which is au¬
of about 3.79%.
Interest payable
J-J.
would bear 2%
Additional
Bonds
above firm also
Sold
—
ma¬
at
Jan.
O.
Harlan),
Fiscal Court Approves
Bond Re¬
Harlan
County
The
INDIANA
purchased an ad¬
$24,000 school bonds as
par.
Denom. $100.
Dated
ditional
3s
interest and
ture from 1945 to 1955 incl.
/
Bond
Whiting, Ind.
Offering—The
(P.
Ky.
funding—The Harlan "Enterprise"
Common of Feb. 4 carried the following re¬
1, 1941.
port:
voted unani¬
refund the county's
$733,000 bonded indebtedness un¬
der a plan to be handled by the
F. L. Dupree & Co., of Harlan, at
a cost of 2% of the bonds involved.
The Dupree plan, endorsed by:
County Judge F. M. Meadows and
County Auditor A. W. Babbage,
would reduce interest rates to 4%
on and after maturity dates of the
The majority of
Shelman, District Clerk, that $4,- by the Carleton D. Beh Co. of Des present bonds.
the bonds now draw 5% interest,
500 construction bonds, approved Moines, at a price of 102.00, a
basis
of
about
4.62%, Due
on with one issue of $140,000 at 4J/4%
at an election on Sept. 10, 1941,
Fiscal Court today
mously
to
—
recent election, r
,
.
»•
<
■.
■
•<
and
Trust
R.
D.
Co.,
White
Buffalo,
& Co...
1.50%
&
Co.
and
1.60%
Michigan Corp...
Blvth & Co., Inc., George
B.
Gibobns & Co., Inc.,
andF. S. Moseley & Co J 1.90%
733.46
Preres
First of
734.00
954.80 i
be
to the
•
Marine
must
the
purchaser.
The
offered for sale subject
Johnson, Lane, of issuing $12,000 bonds to provide thorized by statute to purchase all
Savannah, at a for the purchase of land as the municipal bonds issued, at: par
and accrued interest.
Enclose a
noted here Oct. site for a Federal
airport project.
25, were sold as 4s, are dated July An additional $6,000 for the pro¬ certified check for 2% of the
1, 194i, and mature $500 from gram is expected to be provided total bid, payable to the city.
July 1, 1942 to 1965, giving a basis by local businessmen. The bonds
KENTUCKY
Due on Jan. 1; $200 Council has announced that bids
in 1942 and 1943, $500, 1944 to for the purchase of the $300,000
1951, $600, 1952 to 1961, $800 in intercepting
sewer
construction
1962, $1,200, 1963 to 1966, $1,500, bonds will probably be received
1967 to 1970 and $2,000 in 1971. on Feb. 24—v. 154, p. 1474.
according
to
maturity.
$12,406.
The audit was made by 1.40%,
Interest payable J-J.
Hennegin, Croft & Co., certified Second high bid of 100.279 for
IOWA
lV2s was made by the Harris Trust
public accountants.
IDAHO
& Savings Bank, Chicago, and the
Dubuque, Iowa.
CALIFORNIA
Bond Sale
The $8,000
Northern Trust Co., Chicago, in Bingham
County Common
Sch.
5%
semi-ann.
street
Dist. No. 57 (P. O. Spring¬
improvement
Fresno County
Waterworks Dist. joint account.
bonds offered for sale on Feb. 11
field), Idaho
Bidder
Int. Rate
Premium
No. 3 (P. O. Fresno), Calif.
Salomon
Bros.
&
Hutzler,
Bond Sale—It is stated by J. M. —v. 155, p. 646-—were purchased
and Spencer Trask & Co.
1.50%
$900.00
Bonds Voted—The issuance of
Lazard
All
chase of bonds will be
election
Jan. 27 the voters approved an is¬
Consolidated
city
shipping or handling charges by
any bank will be at the expense
system
of the purchaser. The city will
the question
bonds.
(P. O. Davisboro), Ga.
Sale
.
Pana, III.
sue
Davisboro
plant
Bonds Voted—At
GEORGIA
6 the
Council voted to recom¬
$44,000 of 1% and must be the same for
refunding all of the bonds. Award will be
bonds purchased as 3s by Lewis, made on the basis of low net in¬
Pickett &
Co., Chicago, as re¬ terest cost to the city.
No bid
ported in v. 155, p. 146, were sold of less than par and accrued in¬
at par and mature May 1, as fol¬ terest will be accepted. The bonds
lows: $4,000 in 1943 and $5,000 will be printed by the city, regis¬
from 1944 to 1951 incl.
tered by the Auditor and ready
for delivery at any bank in the
light
Bond Election—An election will
been
has
election
an
Mar.
voters
Civilian
"Up to the present time the mend to
Mayor Rossi an issue of
judgment creditors have 'behaved
$5,000,000 civilian defense bonds.
very admirably,' " the report said.
"This may continue until the op¬
CONNECTICUT
portunity is had to present the
Bridgeport, Conn.
matter
to
the
next
legislature.
Bond Sale—The $434,000 Series
Then, if no appropriation, it is
likely the federal court will re- E coupon refunding bonds offered
11—v.
155, p.
585—were
quire them to extend the taxes Feb.
awarded to Halsey, Stuart & Co.,
in said district."
Attached to the report was an Inc., New York, as 1.40s, at a price
audit of funds handled by R. L. of 100.113, a basis of about 1.379%.
Thompson, former chairman, from Dated Feb. 15, 1942, and due Feb.
April 18, 1936, to June 23, 1941, 15, as follows: $50,000 in 1944 and
showing a balance at the end of $48,000 from 1945 to 1952 incl. The
the period of $4,632.99.
Cash on bankers re-offered the bonds at
hand April 18, 1936, was listed as prices to yield
from 0.65% to
Bond Issue Details—The
electric
Pensacola), Fla.
:
Contemplated—
We understand that on Feb.
Advisory
plainly state on its
a proposal for sale
face that it is
by the Bank of America,
7
.
$10,700 bonds for the acquisition
of a water system is said to have
been approved by the voters at a
Directors
report given in our
Chicago was awarded on issue of Nov. 22, 1941, to the ef¬
issue of $100,000 school fect that a $10,000 issue of school
building site bonds as l%s, at a bonds had been sold, was erron¬
Dec.
through
School Dist.
an
1961
Larson, State Treasurer,
will receive until 10 a.m. (EST)
time,
Bank of
$25,000
J. Edwin
same
(P. O. Griswold), Iowa .
Correction — The Secretary of
the
.
Bonds Sold—The First National
price of 100.292, a basis of about
1.73%. Dated March 1,1942. Due
State
the
of Administration
Board
issue
15,-
to
Florida,
of
the
were
:
In¬
Tenders
vited—Pursuant
to
,
outstanding claims.
pay
Jan. 10
Note
and
resolution
650.57
1.75%
Inc.........
semi-ann. sewer
at
purchased by a local in¬
vestor at a price of 102.00, a basis
Bonds Authorized — The Board of 'about 4.65%. Due $100 from
of Education ; recently passed a April 1, 1947 to 1950 incl.
No. 201, III.,
to
Child & Co., and Cof¬
C. F.
Airport
By paying 100
judgments.
on
.
1.70%
Co.
covering
accompany
Calif.
cents
&
of the Board of
21/2s, for a premium of $841.00,
Due in 1943 to
aggregating $105,252.44, the report equal to 100.336.
said.
An appeal is being made 1962 incl.
to the Refunding Board to cash
San Francisco (City and County),
the "B" bonds and apply proceeds
on
.r.
Ripley
&
Co.,
Inc., and Hemphill, Noyes
arate
Peninsula
addition
.
1.60%
M.
Harriman
of
the second
6.
G.
H.
.....;„..r.x
amount of the bonds bid for, pay¬
judgment was $431 for Sec¬
and
Co
Co.,
Byllesby & Co.-, Inc., and
Lee Higginson Corp
.
Kidder,
Peabody
&
Co.,
Roosevelt & Weigold, Inc.,
and
Bacon, Stevenson &
able to the order of the Chairman
on
the first judgment were $6,936.04
for Section 1 and $37,212.17 for
bank
or
not
sum
79,163.62
________
balances due
The
certified
2
&
164.92
v
School Dist.
Non-High
5%
$400
offered
bonds
Carlinville
27, in Tallahassee, sealed
of matured or unma¬
original or refunding road Halsey, Stuart & Co., Inc., Chi¬
Dodge City, Kan.
and
bridge or highway bonds, cago.
Bonds Approved — We under¬
time warrants, certificates of in¬
Crabtree School Dist. No. 99 (P. stand: that a recent election re¬
debtedness
and
(or) negotiable
O. Litchfield), III.
sulted in favor of issuing $50,000
notes of the counties, and special
Bonds Sold—The issue of $6,000 street improvement bonds.
road and bridge districts therein,
an election lhst June, was sold to
less than par and accrued interest. as follows:
< Horace School District (P* O.
construction bonds authorized at
Each bid must state that the bid¬
Charlotte:
DeSoto
Special R.
Horace), Kan.
the H. C. Speer & Sons Co. of
der offers par and accrued in¬ & B. Districts Nos.
1, 4; Hardee,
Bonds Sold—The District Clerk
Chicago.
terest to the date of delivery, and
except District No. 7; Hernando,
states
that
$7,000
remodeling
state separately the premium, if
Elmhurst, III.
Martin, Palm Beach Special R. &
bonds have been sold at a price
any, and the rate of interest of¬ B. Districts Nos. 4, 8, 12, 16, and
Bond Election — It is reported
of 101.341.
Dated July 1, 1941.
fered for the bonds bid for.
18; and St. Lucie, including Jen¬ that an election has been called Due
$700 from Aug. 1 1942 to 1951
Each bid, ^whether for all or sen R. & B.
District, and excepting for March 17, to submit to the incl. Prin. and int.
(J-J) payable
only a portion of said bonds, shall Countywide R. & B. Refunding voters an issue of $30,000 3% city
at the State Treasurer's office.
be at a single rate of interest, and and Districts Nos. 2 and 3.
hall
remodeling
bonds.
Dated
any bid for a varying rate of in¬
All
Topeka, Kan.
offerings submitted -must March 1, 1942. Denom. $1,000 and
terest will be rejected.
be firm for 10 days subsequent $500.
Bond Offering—Sealed bids will
Due July 1, as follows: $2,Bids will be received for all or to
the
date
of
opening,
i.e., 000 in 1945 to 1952; $2,500 in 1953 be received until 10.30 a.m. on
any portion of said bonds.
In the through March 9, and must state and 1954, and $3,000 in 1955 to Feb. 17, by M. P. Jones, Commis¬
event that the bidder submits a full
sioner of Finance, for the pur¬
name, description and serial 1957.
proposal to purchase a portion of numbers of bonds; interest rate,
chase of $72,000 public and civil
Massac County (P. O. Metropolis),
said bonds, the bid shall designate date
of issue, date of maturity
works
projects, Series' 1942-504
III.
specifically the bonds bid for. All and price asked.
The offer must
bonds.
Interest rate is not to ex¬
Bonds Voted—The proposal to
bonds sold to a bidder bidding for
specifically state
exactly -what
ceed 5%, payable (F-A).
Denom.
issue $37,000 courthouse construc¬
all or a portion of said bonds shall
coupons are attached and will be
Dated Feb. 15, 1942. Due
tion
bonds was approved by a $1,000.
bear the same rate of interest.
delivered with the bonds for the
on
Feb. 15, as follows: $8,000 in
large majority at the election on
Payment for and delivery of price asked.
1943 and J944, and $7,000 in 1945
Jan. 20.
bonds will be made in the office
Sealed envelope containing of¬
to 1952.
Rate of interest to be
of the Board of Supervisors.
A ferings of bonds pursuant to this
McLeansboro, III.
in a fraction of not less than Vs
sue
judgments against smaller issue Aug. 1,1939. Interest
the district because "they hope to payable M-S on the first, and F-A
Prin. and int. pay¬
get an appropriation at the next on the latter.
convening of the legislature to able at the Treasury of the County
discharge
the
obligations," the in Los Angeles.
The bonds will
commissioners said in a report be sold for cash only and at not
due
ance
Co., Inc.,
Murphy &
Nuveen
Co.
24, by J. F. Moroney,
County Clerk, for the purchase of
Pulaski County Road Improvement
the following bonds aggregating
Dist. No. 10 (P. O. Little
$85,000:
Rock), Ark.
$75,000 Wiseburn School District
State Aid on Judgments Seen
bonds.
Due $5,000 on March
Forthcoming — The Little Rock
1 in 1943 to 1957 incl.
"Gazette" on Feb. 7' carried the -10,000
Garvey
School - District
following report:
&
M.-P.
The
ILLINOIS
243.04
1.60%
1.60%
John
Feb.
on
sold.
Put¬
Corp. and
Van Ingen & Co.,
J.
Blair
Los
O.
and
Co.
Co......
Securities
Inc
Offering—Sealed
Bond
School
B.
&
&
nam
Union
bids will be received until 10 a.m.
been
1940, of which $120,000 have
(P.
Angeles), Calif.
Angeles
Estabrook
have>
beep sold.
,
,
jf<;}1
April 1 in 1943 to t1952 incl
and
$50,000 at 4V2%.
Volume 155
■
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4047
743
-r>
issues,
the- bond
Refunding of
it has been pointed out previously,
was
made necessary in the facie
of the
The
county's threat to default.
outstanding
Bidder
' '
^
Hawkins
.Int. Rate .Rate 3id|
2%
100.50
v- ;'i-
&
Robert
National
Co.......
Bank
Shawmut
of
2%
2%
Boston
Merrimack
Corp...........
Bank,
National
■
Haverhill
...
i.
100 50
100.49
2 %.%
Boston
First
Pat ;
'
•
........
bonds are nonbe paid between
Lawrence, Mass.
Note Off ering—William A. Kel1960, but the maximum
levy of 20 cents per $100 val¬ leher, City Treasurer, will receive
callable
due to
1943 and
tax
uation will not
meet the interest
until noon
bids
17
and
the
for
(EDST) on Feb.
at discount
purchase
principal demands next year
of $500,000 notes issued in antici¬
or in the years to follow.
Under
the
refund
plan, the pation of revenue for 1942. Dated
Febu .17, 1942, and due Nov. A
'county would be given 40 years
in which to retire its bonds, avoid 1942.
North Adams, Mass.
default and at the same time save
Note Offering — Percy F. Kitinterest costsT\
,
>
The
.
•
„
to McDonald, Moore & Hayes, of
Detroit, on a bid of 100.284 for
$39,000 2%s and $6,000 Is, mak¬
ing a net interest cost of 2.33%.
Dated July 1, 1941 and divided as
follows: $39,000 23/4s, due on Aug.
1, $2,000 from 1942 to 1944 incl.;
$3,000, 1945 to 1947 incl.; $4,000,
1948 to 1953 incl.; $6,000 Is, due
$4,000 Aug. 1,1954 and $2,000 in
1955.
1955
The bonds due in 1954 and
are
Court by Mr. Dupree would estab¬
lish the refunding plan when the
bids
sealed
ceive
until noon
inverse
nu¬
order, at par and accrued
interest, on and after Aug. 1, 1942,
30 days' published notice.
on
sufficient amount of
a
it has been declared opera¬
tive.
-
.
-
count of
and
negotiate
bondholders
&-Co. will contact
with the various
them
induce
to
sale on
Feb.
12, was awarded to
the bid.
accompany
the Second National Bank of Bos¬
v.
F. L. Dupree
to
ton, at 0.247% discount. Dated Feb.
13, 1942, and payable Nov. 4, 1942,
of
MISSOURI
Wellston
Sewer
at the National Shawmut Bank
(P.
O.
their present bonds in Boston.
Legal opinion of Storey,
Bond Election
It is reported
exchange for the new refunding Thorndike, Palmer & Dodge * of that an election has been called
bonds.
All expenses in connec¬ Boston.
Other
bids:
Merchants for Feb.
25, to submit to the voters
tion with the refunding will be National Bank of Salem, 0.31%;
an issue of $395,000 sewer bonds.
paid by the brokerage company, Naumkeag Trust
Co.,
Salem,
—
including legal fees, cost of print¬
ing bonds, and travel expenses.
The
refunding idea
was
taken
before the magistrates last month
but deferred.
In the meantime, it
at Frankfort
"
The
City Council reports that an
election will
be
to the voters
an
water
to the First National Bank of Bos¬
at 0.378% discount.
Dated
Feb. 16, 1942, and due Nov. 20,
issue of $333,000
submit
called to
ton,
The
1942.,
revenue' bonds.
a
Millard
trans¬
$4,000,000 to the bond an¬
fund to make up for the
J.
Tawes reported Feb. 5 that
fer of
nuity
reduction in real estate taxes low¬
ered
Maryland's general fund sur¬
plus to $5,096,517 at Dec. 31. :
Maryland closed its last fiscal
year Oct. 1 with a general fund
surplus of $9,119,270, the highest
figure in\ the
National
bidder,
named
rate of 0.407%.
Maryland (State of)
Comptroller
Waltham
State's history. :
MASSACHUSETTS
Nankin
Township School District
Inkster), Mich.
No. 7 (P. O.
Sale—The issue
Note
000
the
awarded
to
Bank
Boston,
of
count.
Dated
Second
at
Feb.
was
National
0.243%
dis¬
12, 1942, and
Nov.
10, 1942.
Other bids:
& Co., 0.26%; First Na¬
tional Bank of Attleboro, 0.26%;
First National
Bank of Boston,
0.265%.
' ■
'
;--;:
due
1 (P. O. R. F. D. No. 3, !
Battle Creek), Mich. 777
Bond Election—A special elec¬
$250,-
12
R. L. Day
March
on
1946,
1944 and 1945; $10,000
of each of the years
1
1947
and
revenue
and
Manchester, N. H.
McLaugh¬
lin, City Treasurer, will receive
bids until 2 p.m. on Feb. 18 for
the purchase at discount of $1,*
000,000 notes issued in antcipation of taxes for the year 1942.
Loan Offering—F. D.
Feb. 20,
1942 and payable
July 16 and $500,000
10, 1942, at the First Na¬
tional Bank of Boston, or at the
on
Dec.
1948; $11,000
on
bids
City
Bank
1950; $12,000 on March 1 of
of the years 1951 and 1952;
$13,000 on March 1 of each of the
years
1953 and 1954; $14,000 on
March 1 of each of the years 1955
Treasurer,
until
11
a.m.
nor
&
Trust
Feb.
Feb.
bid
for
New
bid
the
and
suc¬
be
be furnished
will
bidder.
In
the
the
event
that
prior to the delivery of the
the
income
received
by
private holders from bonds of the
same type and character shall be
taxable by the terms of any Fed-<
bonds
eral income tax
law, the success¬
ful bidder may, at his election, be
relieved of his obligations under
the contract to purchase the bonds
and in such case the deposit ac¬
companying his
bid
will
be
re¬
turned.
Monmouth
County (P. O.
Freehold), N. J.
Proposed Bond Issue—An ordi¬
ing
17, 1942 and payable
1942. Notes will be au¬
as to genuineness and
issues
will
York
for
16,
$50,000
than $51,000.
int.
successful
revenue
year.
bonds
the
borough.
A certified check for
$5,000, payable to order of the
borough, must accompany each
proposal. Legal opinion of Haw¬
kins, Delafield & Longfellow of
17 for
Feb.
for
that figuring
the lowest net interest cost to the
000 notes
Dec.
bid
both
cessful
nance
Dated
a
Denom.
$1,000.
(F-A) payable at
the Peoples Bank of Hawthorne.
Each proposal must constitute a
of $100,issued in anticipation of
current
name
1942.
1,
and
the purchase at discount
the
Bidder to
more
will receive
on
so
All of the bonds will be dated
Nashua, N. H.
Note Offering—Alfred O. Poulin,
be
to
amount
must be not less than
Prin.
Hanover
1965.
Amount
NEW HAMPSHIRE
Central
bonds
the
single rate of interest (which
may
be different than that
specified for the general bond
issue), expressed in a multi¬
ple of 14 or 1/ 10th of 1%.
understand
bonds.
$500,000
the
for
50,000 water bonds. Due Aug. 1,
as
follows:
$15,000 in 1962
and 1963, and $10,000 in 1964
Neb.
We
—
coln, has purchased $43,000 mu¬
nicipal light and water building
scheduled
Feb.
on
issuance
of
18
for
final
read¬
for
provides
the
$357,000 bonds to fi¬
various
public improve¬
during the present year.
nance
ments
thenticated
validity
Bank
the
by
of Boston,
Oaklyn, N. J.
First National
under advice of
Storey,
Thorndike,
Dodge of Boston.
March 1 of each of the years 1949
and
accepted
Palmer
&
Bonds
stand that
ure
that
under¬
was
re¬
passed on first reading
calling for an issue of $16,000
improvement bonds.
The meas¬
NEW JERSEY
understand
ordinance
an
cently
Bradley Beach School Dist. (P. O.
Bradley Beach), N. J.
Bond Issuance Contemplated—
We
Authorized—We
an
issue
is to
come
up
for final reading
Feb. 18.
on
Somerville, N. J.
of
No Bonds To
Be Issued—Edith
—
j
of
Feb.
offered
notes
stand that the City Council re¬
cently passed an ordinance au¬
thorizing the issuance of bonds
aggregating $41,400 and divided
as
follows:
$12,500 paving and
$28,900 intersection bonds.
Sold
of
amount
and
1956; $15,000 on March 1, $125,000 construction bonds is con¬ A. Varley, Borough Clerk, reports
Tenders Wanted
Mrs. Mabel
1957; $16,000 on March 1, of each templated by the Board of Edu¬ that a $26,000 general improve¬
Van Vlear, Treasurer of the Board
cation.
ment bond issue approved in the
of the years 1958 and 1959; $17,000
of Education, will receive sealed
latter part of last year, will not be
on March 1 of each of the years
Hawthorne, N. J.
tenders of 1938 refunding bonds
1960 and 1961 and the balance,
Bond Offering—George V. Gril- issued as the project will be paid
and certificates of indebtedness,
for out of surplus cash.
to wit, $13,000 on March 1, 1962.
lo, Borough Clerk, will receive
dated April 1, 1938, until 7 p.m.
Certified Check: $5,000.
sealed
bids until
8 p.m.
(War
on Feb. 23. Tenders should specify
NEW YORK
Rate of interest to be expressed
Time) on Feb. 25 for the purchase
bond and certificates of indebted¬
in multiples of 14 or l/10th of 1%
of $250,000 not to exceed 4% in¬
ness
numbers, denoms. and the
Croton-On-Hudson, N. Y.
and must be the same for all of terest
coupon
or
registered re¬
amount for which they will be
Bond Issuance Indefinite-^"
the
bonds.
Registerable
as
to funding bonds, as follows:
sold to the district.
Frank Finnerty, Village Clerk, re¬
principal only. Prin. and int. pay¬ $200,000 general bonds. Due Aug.
Pennfield Agricultural School Dist
ports that no information is avail¬
able at the State Treasurer's of¬
1 as follows: $10,000 in 1952
able as to
No.
Attleboro, Mass.
of the years
each
MICHIGAN
General Fund Surplus Reduced
—State
-
only other
Bank,
MARYLAND
We under¬
—
Co., New York City.
Notes will
be ready for delivery on or about
Feb. 20 in Boston, or about Feb.
24 in New York City.
MONTANA
They will
0.33%; Weeden & Co., 0.35%.
be authenticated as to genuine¬
Stoughton, Mass.
Missoula, Mont.
ness and validity by the First Na¬
Note Sale—The issue of $150,Bond Election—The issuance of
tional Bank of Boston, under ad¬
000 notes offered Feb. 10—v. 155,
$35,000 fire fighting equipment vice of
Ropes, Gray, Best, Coolp. 586—was awarded to the New bonds will be submitted to the
England Trust Co., Boston,
at voters at an election scheduled idge & Rugg of Boston.
placed before State officials
who, with county of¬ 0.237% discount.
Dated Feb. 19, for March
23, according to report.
ficials, complained of the cost of 1942 and due Dec. 19, 1942. Other
Montana (State of)
refunding, then set at 3%.
At bids: Boston Safe Deposit & Trust
Bond Offering—Bids will be re¬
the suggestion of county officials, Co.
0.257%; Merchants National
Mr. Dupree agreed to cooperate Bank of Boston
ceived until Feb. 18, at 10 a.m., by
0.26%; R. L. Day
with the court by taking over the &
W. L. Fitzsimmons, Clerk of the
Co., 0.265%; Second National
plan at 2%.
•'
Bank of Boston 0.297%; Norfolk State Board of Examiners, for the
County Trust of Stoughton 0.30%. purchase of $250,987 refunding
State Insane Asylum bonds.
LOUISIANA
De¬
Waltham, Mass.
nom. $1,000, one for $987.
To ma¬
Note Sale—The issue of $300,000
Alexandria, La.
ture as follows: $8,987 on March
notes offered Feb. 13 was awarded
Bond Election Contemplated—
1, 1943; $9,000 on March 1 of each
was
$200,000 nor more than
$201,000 and must state the,
bid, the bonds to be accepted
being those first maturing.
Norfolk, Neb.
Bonds Authorized
on
C.ayton), Mo.
surrender
than
NEBRASKA
Dated
District
until
that the First Trust Co., of Lin¬
Breckenridge, Minn.
Bond Offering—Bids will be re¬
outstanding bonds have agreed to
until
tenders
of refunding
bonds, dated March 1, 1937, at
prices less than par.
Bonds
$200,000 notes issued in ceived until Feb. 16, at 8 p.m., by
anticipation of revenue for the Ruth Hamilton, City Clerk, for the
Due Nov. 23, 1942. purchase of $30,000 sewer bonds.
tlje terms of the plan. The plan year 1942.
would not become operative until Delivery at v Merchants National Interest rate is not to exceed
4%,
holders of two-thirds of the prin¬ Bank of Boston for Boston funds.
payable semi-annually.
Denom.
cipal amount of the outstanding
Salem, Mass.
:
1
$1,000.
Due on Feb. 1; $3,000 in
bonds have agreed to the terms.
Note Sale—The issue of $500,000 1944 to 1953 incl., subject to re¬
The county will not incur any ex¬ notes issued in anticipation Of demption on or after Feb. 1, 1944.
penses in connection with the plan revenue for 1942 and offered for A certified check for $1,000 must
holders of
1
receive
will
North Platte,
MINNESOTA
on
at dis¬
the purchase
for
17
Feb.
in
merical
Fiscal tredge, City Treasurer, will re¬
contract^ presented
callable
he
March 3, at. 10 a.m.,
tion
will
be
called
soon
on
the
question of issuing $60,000 school
building construction bonds. The
district canceled the sale
on
June
25
last year of an original au¬
thorization of $40,000 bonds.—v.
fice
or
at
the
Chase
National
$12,000, 1954 and
1955; $14,000, 1956; $16,000,
1957; $18,000, 1958; $20,000 in
1959 and 1960; $25,000, 1961;
and
Bank, New York.
purpose
Issued for the
of providing funds to pay
outstanding State Insane Asylum
revenue
bonds, which are now
1953;
subject to call, and will be pay¬
able out of the special fund cre¬
$10,000, 1962 and 1963; $15,000
1964 and $8,000 in 1965. Bonds
due in 1961 to 1965, incl., will
ated by
be
Chapter 17, Laws of Mon¬
subject to redemption at
the time of issuance of
$117,800
system bonds.
sewer
Erie County (P. O.
N. Y.
Bond Sale—The
pon
or
$1,360,000
registered
bonds offered Feb.
587—were
Buffalo),
home
11—v.
awarded
to
cou¬
relief
155, p.
Halsey,
tana, Extraordinary Session, 19331934.
The bonds will be sold to
the option of the borough, in
the
inverse
order of their
Stuart & Co., Inc., New York, as
highest responsible bidder at
and accrued in¬
terest. The basis of determination
Bonds Sold—The $50,000 school
Haver hilt, Mass.
bonds offered Nov. 19-—v. 154, p. of the best bid will be the bid
Bond Sale—-The $45,000 coupon
1043—were awarded to McDonald, specifying the lowest rate of in¬
bonds
offered
Feb.
12
weire
Moore & Hayes, of Detroit, on a terest, and if two or more bids
awarded to Tyler & Co. of Boston,
bid of 100.296 for $20,000 4s and are submitted specifying the same
as 2s, at a price of 101, a basis !of
$30,000 214s, making a net in¬ lowest rate of interest, the bid
about 1.83%.
Sale consisted Of; terest cost
of about 2.54%.
The naming such lowest rate of inter¬
$30,000 water main bonds, 135th bonds are dated
and
offering
the
largest
Oct. 1, 1941, and est
issue.
Due $2,000 on Feb.! 1
divided as follows: $20,000 4s, due amount of premium will be ac¬
from 1943 to 1957 incl. 7
i
$10,000 on Oct. 1 in 1943 and 1944, cepted. The bonds will be de¬
5,000 defense loan bonds, Act of and $30,000 214s, due $10,000 on livered
and
payment
therefor
1941, 136th issue. Due $1,0|00 Oct. 1 from 1945 to 1947 incl. must be made on March 1, 1942,
on Feb.
1 from 1943 to 1947
Miller,
Kenower
&
Co.
and at the State Treasurer's office.
numbers, or any interest pay¬
ment date prior to their ma¬
of
turity upon not less than 60
days' published notice, at a
price for each
such bond
equal to the principal amount
of such bond, together with
from 1943 to 1946 incl The bank¬
ers re-offered the bonds at
prices
154,
p.
1534.
Bedford Union School Dist. No. 1
(P. O. Detroit), Mich.
j
the
not less than par
unpaid
*
1947 incl.
All of the bonds will be dated
Feb. 1, 1942. Denom. $1,000. Prim
and int. (F-A) payable at the Na¬
of Detrpit offered 100.02 for $20,0Q0 3%s and $30,000 3V4s, a .net
cost of 3.29%.
State
check
for
Enclose
1, 1947, or 2% of such
principal amount if redeemed
thereafter but on or before
Feb. 1, 1952, or 1% of such
principal amount if redeemed
thereafter but on or before
Feb.
1957,
or
without
premium if redeemed after
Feb. 1, 1957.
Each proposal
must specify in a multiple of
14 or 1/1.0th of 1% a single
certified
$5,000, payable to the
Treasurer.
Musselshell County
Taylor Township School Dist. No.
5, Wayne County, Mich
a
(P. O.
'
of Boston.
tional Shawmut Bank
Legality to be approved .by Storey*
Thorndike. Palmer & Dodge of
Boston.
Other bids:
-
Bonds. Sold—The
pon
refunding
$45,000
bonds
June 30- last year,
were
awarded
rate
Roundup), Mont,
Bond
cou¬
offered
Tenders
invited—Harold
Bennett, Clerk of the Board of
County Commissioners, spates that
P.
on
to yield from 0.60% to
cording to maturity.
1.25%,
a
ac¬
Second high
bid of 100.079 for 1.40s
by
March 1
was
made
group composed of Lehman
.
Feb.
i
Charles A. Parcells & Co., Detroit, Bidders may secure further / in¬
defense loan bonds, Act jointly, bid 100.04 for $30,000 3s formation as to the governing
of 1941, 137th issue.
Due $2,- and $20,000 2%s, or a net cost Of statutes and other pertinent pro¬
000 on Feb. 1 from 1943 ;to 2.84%.
The Peninsular State Co. visions upon application to the
Clerk.
on
$340,000
Bros., Marine Trust Co. of Buf¬
demption, plus a premium of falo, Kean, Taylor & Co., Schoell3% of such principal amount kopf,
Hutton & Pomeroy, and
if
redeemed
on
or
before Charles Clark & Co.
incl.
above
accrued
1942 and due
such bond to the date of re¬
10,000
-
interest
1.40s, at a price of 100.128, a basis
about 1.35%.
Dated March 1
1,
of
interest
which
the
Bidder—
int. Rate
Prem.
1.70%
$272.00
1.50%
304.40
Lee, Riter & Co.. and A. G.
Becker & Co., Inc
1.50%
952.00
Barney St Co.. The
First Boston Corp. and Har/riman Ripley & Co., Inc...
1.70%
360.0$
Union Securities Corp., Kidder
Peabody & Co. and B. J.
Van Ingen & Co., Inc
Goldman, Sachs & Co., Solo¬
mon Bros. As Hutzler, Ladenburg, Thalmann & Co., and
Hemphill, Noyes & Co.....
The
Chase
National
Bank,
Manufacturers
&
Trust
Co.,
Blyth
Inc.,
Smith,
Chemical
Bank St Trust Co..
Gibbons & Co., y,.
H. Rollins & Sons. Inc., W.
E.
Hutton
ft
Co.,
and
Roosevelt 8t Weigold
Geo.
■
bonds
are
state the
to bear,
and must
amount bid for the
Hannahs,
Traders
&
Co.,
Ballin
&
B.
......
bonds which shall be not less
l.«*%
1,0*8 00
Nat'l City Bank,-New York..
1.50%
2,040.00
THE COMMERCIAL & FINANCIAL CHRONICLE
744
Glen Cove, N. Y.
V~
Bond
Offering
L.
Doxey, Commissioner of Finance,
will
receive
a.m.
(EWT)
Harvey
—
sealed
until
bids
11
months
101.452, a basis of about 2.102%.
1, 1942 and due semi¬
annually on April 1 and Oct. 1
from 1943 to 1965 incl.
Second
of
lars
in
Feb.
on
for
19
the
PENNSYLVANIA
high bid of 100.17 for 2V4s was
made by Paine, Webber & Co. of
Toledo.
interest, expressed in a mul¬
tiple of y4 or l/10th of 1%. Prin,
and
int.
(A-O) payable at the
IV2S, at a price of
100.22, a basis of about 1.46%, as
reported in v.- 155, p. 691/were
a
Cove Trust Co.,
Glen
Glen Cove.
The bonds to be refunded mature
in 1942. A certified check for 2%
bonds
of the
bid
for, payable to
order
of
the
city, is required.
Legality approved by Hawkins,
Delafield & Longfellow of New
York City. In the event that prior
to the delivery of the bonds the
income received by private hold-
•
"
ers
cinnati,'
Field, Richards & Co........
Stranahan, Harris & Co., Inc.
2%
Peoples Banking & Tr. Co.. .
New First Nat'l Bk., Marietta
2'/2%
Pohl & Co.
•
Council
mon
ordinances
three
adopted
3
Feb.
on
.
The Com¬
the
authorizing
issuance of
$318,000 bonds.
One
issue of $150,000 will be used to
certificates of indebtedness
retire
issued
in
1941
share of the
the
WPA program.
bonds
other
:
to pay
include
city's
The
re¬
deem certificates to be issued this
for the WPA program. The
remaining $18,000 bonds will be
used
toward
payment
of
this
year
A
year's local home relief program.
102.10
s
I.
awarded
the
to
13
Feb.
were
of
Bank
New
Hyde Park, as 1.90s, at a price of
100.094, a basis of about 1.88%.
Dated Feb.
1, 1942. One bond for
$600, others $1,000 each. Due Feb.
1 as follows: $1,600 in 1943 and
1944 to 1952 incl.
(F-A) payable at
the Chase National Bank, New
York City, or at the Bank of New
Hyde Park, with New York exchange. The bonds are unlimited
tax obligations of the village and
from
$1,000
Prin.
,
and
int.
the
approving legal opinion
Dillon, Vandewater & Moore
of
of
the successful bidder. Other bids:
Int. Rate
Peoples
■'
Nat'l Bank
Co., Lynbrook
(
Nassau
County
Mine-ola
Trust
i.
2%
............
Trust
Rate Bid
Offering
—
will
Bids
received until Feb.
2.20%
100.23
2.40%
100.187
Roosevelt & Weigold, Inc..,
.
2.70%
100.18
&
#,
Watertown, N. Y.
To Vote on Utility Purchase—
■.' The Common Council
recently
a
referendum June
4 to determine whether
city will take
ing
system
over
of
the
or
not the
the distribut¬
Central
New
York
Power Company, involving
outlay of about $1,175,000.
an
17, at 8
Belmore, Ohio
Bond Sale—The $2,047.71 special assessment street refunding
bonds offered Feb. 7—v. 155, p.
493—were
awarded
to
the
Bel-
•
Banking Co., Belmore, as
at par. Dated Nov. 1, 1941
and due semi-annually on May 1
more
:
2Vzs,
!
and Nov. 1 from 1943 to 1952 incl.
Dayton, Ohio
Proposed Bond Issue—The mat-
I
be
1947 to 1961 incl.
Shawnee,
Bond
Election
Okla.
Contemplated—
reported that the city offi¬
cials are considering calling an
election either March 17 or April
is
It
,
■
of
several valuable
Tulsa
weeks
_
.
Township Rural School
District (P. O. R. F. D. No. 3,
The
was
commission
asked to send a protest
Tulsa
to be
.
county
Congressional delegation
nearby towns
which have
the
to
bond
called
elections
or
contem¬
plate doing so are to be asked to
price of
that
Sold
Corp.,
that
We
understand
Columbian
the
Securities
—
of San Antonio,
chased
issue
an
of
successful
bid, which bid cannot
in¬
terest to date of delivery. No split
be less
(State of)
Revenues Increase—A cash bal¬
$3,809,693.79 in the State's
than par and accrued
rate bid considered.
Bids to
be
on prescribed form. Legal opinion
general fund on Dec. 31, 1941, re¬
of Dillon, Vandewater & Moore,
ported by General Treasurer Rus¬
of New York, Enclose a certified
sell H. Handy, was $1,758,021.53
check for 2% of the bid.
larger than the balance shown for
the same date in 1940, but $527,Samnorwood Sch. Dist. (P. O.
the
than
smaller
335.33
balance
Samnorwood), Texas
of Nov.
30, 1941.
Mr. Handy reported tax collec¬
tions
Bond
by E. G.
Superintendent of the
school bonds.
by air mail Wednesday and at the
same time E. M. Gallaher, city at¬
torney, said a further study has
convinced him there is real dan¬
that sale of the Dec. 2 issue
might be blocked.
A local syndicate, the National
Bank of Tulsa, the First National
Bank
and Trust
Company, the
Fourth National Bank and Asso¬
ciates, have agreed to buy the en¬
tire issue at interest rates ranging
from i% to 2i/4%.
However Gallaher said the sale
is
not
completed,
and cannot be
completed until the 30-day pro¬
test period expires from March 3
to 5 of the 10 issues. •
5
be
impossible to negotiate a dif¬
agreement with the syn¬
dicate since this bid was accepted
in
a
formal
session
of
the
com¬
mission
of
$75,000 paving bonds, if
that amount is needed, instead of
the $50,000 voted July 8, 1941, as
fixed by the present law.
: ;
:
,
TENNESSEE
Kingsport, Tenn.
''/iV'
Bond
City
Offering
Manager,
This would start the bonds
they
were
after the
election, cost the city two or three
Cloud,
for
sealed
calls
exceed
5%, payable M-S. Dated
March 1, 1942. Denom. $1,000, one
for $700. Due March 1, as follows:
$1,700 in 1943, and $2,000 in 1944
to
Rate of interest to be in
1963.
multiples of *4
and
must
be
the bonds.
the
at
or
the
l/10th of 1%,
for all
same
of
Prin. and int. payable
Central
Hanover
Trust Co.. New York.
Bank
&
The bonds
will not be sold at less than par,
and will be awarded to the bid¬
der
offering to purchase them at
the lowest interest cost to the city
after deduction of the amount of
premium,
proving
Wood
will
&
be
if
any,
opinion
Hoffman
furnished
The ap¬
Thomson,
bid.
of
of
New
the
York,
purchaser.
The
city will have the bonds
printed at its expense. Enclose a
certified check for $500, payable
to J. R.
Pecktal, City Treasurer.
Authorized
Commission
—
The
authorized
$200,0(70 municipal
recently
the issuance of
City
airport improvement bonds.-
as
fol¬
lows:
Proposal No. 1. Bonds ma¬
turing Dec. 1, as follows: $1,000
in 1949 to 1952, $2,000 in 1953 to
1960, and $3,000 in 1961 to 1970.
Proposal No. 2. Bonds maturing
Dec.
1, as follows: $1,000 in 1948,
$2,000 in 1949 to 1952, $3,000 in
1953 to 1959, and
$5,000 in 1960 to
1963.
Prin. and int. payable at
the City Treasurer's
office, or at
the option of the holder at the
bonds
years
be
be
which
made
the
Bank, Waco.
reserved to
mature
on
city
and
tional
form
be
failure
10
Bids must
furnished
must
except
favorable
Op¬
call the
after
from their date.
by
uncondi¬
to
furnish
opinion
by Thomson,
Wood & Hoffman, of New
York,
and except that in
the event the
income received by private hold¬
ers from bonds of the same
type
and character shall be taxable
by
the terms of any Federal Income
Tax
law
prior to the delivery of
these bonds, the successful
bidder,
at his
his
election,
at
29,
a
The bonds
purchase
were
on
Sept.
printed
and bear the approval of the At¬
torney-General.
The
purchaser
will be given an
approving opin-.
ion of the above
attorneys on de¬
livery; otherwise
such
upon
1943
1952
to
incl.
Milwaukee
County (P. O.
Milwaukee), Wis.
Sale—The $3,800,000
Note
corporate
pon
for
fered
Feb.
on
cou¬
of¬
notes
purpose
sale
9—v.
155,
357—were awarded to the Na¬
City Bank, the Bank of
Co., both of New York,
p.
tional
Manhattan
and
the
Commerce
Kansas
City,
premium
of
Trust
Co.
of
0.60s, paying a
$400,
equal
to
100.0105, a basis of about 0.589%.
Dated Feb. 20, 1942. Due on May
20, 1943, callable in whole or in
part on, or subsequent to, Feb. 20,
1943, at par and accrued interest
to call date, upon 15 days' notice.
as
Bond Sale—The
semi-ann.
pon
fered
for
357—were
p.
$7,200,000
relief
sale
cou¬
bonds
of¬
9—v.
155,
Feb.
on
awarded
to
a
syn¬
composed of the National
City Bank of New York, the Har¬
ris Trust & Savings Bank of Chi¬
cago, the Bank of The Manhattan
Co. of New York, the First Bos¬
ton
Corporation, Salomon Bros. &
Hutzler, R. W. Pressprich & Co.,
Estabrook & Co., Geo.B. Gibbons
& Co., Inc., all of New York, the
Commerce
Trust
Co.
of
Kansas
City, Weeden & Co., C. F. Childs
& Co., both of New York, Paul H.
Davis & Co. of Chicago, and Alex¬
ander
&
Brown.
Sons
of
Balti¬
1.4G», paying a premium
$4,968, equal to 100.069, a basis
of about 1.385%. Dated Feb. 20,
1942. Due on April 1 in 1943 to
more, as
and
as
of
not
1948
incl., without option of prior
payment.
Bonds Offered for Investment—
successful
The
the
scription
0.50%
on a
automatically
effect
and
accepted
and
no
check returned to successful bid¬
der. Enclose a certified check for
2% of the par value of the bonds,
payable to the Mayor.
for
for
reoffered
public
sub¬
scale running from
the
for
1.35%
to
bidders
bonds
above
earliest
the
Note
Call
maturity
1948
maturity,
and
the issue was reported on
Friday to be more than half sold.
Bond
S
And
C.
—
M.
County Treasurer,
states that
the following bonds
and notes
are
being called for
o m m e r
s,
payment on March 2, at his of¬
fice, or at the' Chase National
Bank in New York:
$7,500,000 county relief bonds, is¬
sue of June 16,
1941. Due on
April 1, 1942.
'
3,800,000 county corporate pur¬
pose notes, issue of April 1,
1941. Due on April 1, 1942.
Interest
1942.
.'
.
to
cease
on
March 2,
■
,....
-•
!
Oshkosh,
Bond
Wis.
'
■.
"
■
..
•
••
Approval Pending
—
The
City Council has approved an in¬
itial
resolution
issuance of
er
providing for the
$200,000 in storm sew¬
bonds, it is stated. *
INDEX
failure to
opinion, acceptance
of any bid shall be
cancelled
purchased
High School addition
bonds authorized recently by the
City Council, as 2s. Due $3,000 in
the
authorized
special election, held
1938.
They will be
furnish
has
he
Herr¬
reports
$30,000
—Lincoln
be relieved of
may
obligation. to
bonds.
considered
Memphis, Tenn.
Bonds
1, 1941. Denom. $1,-
000. Bids will be received
tion shall
William
—
Treasurer,
of
First National
F. L.
city bonds. Interest rate is not to
after advertisement.
where
—
bids until 8 p.m. on March 3, for
the purchase of $41,700 coupon
The only recourse,
bids.
is
petitioning
the
County Legislative Delegation to
enact legislation to authorize an
issue
Dated Dec.
Contemplated—
Issuance
Sold
City
dicate
Bond Sale—It is stated
of
S.C.
join in the opposition.
%'Vv'
The protest of the Tulsa city
commission went to Washington
back
a
Manitowoc, Wis.
Bay City, Texas
Bonds
Commission
measure.
fered Feb. 9—v. 155, p. 311—were
awarded
to
the
Ohio
Co.
of
2y4s, at
100.603
Louis D. Rubin, Chairman, Board
of Commissioners, states that the
Gallaher be¬
lieves, would be to call for new
as
2%%
RHODE ISLAND
Rhode Island
of
the State Commissioners of Pub¬
lic Lands.
1962 incl.
water bonds offered Feb.
ance
last July, have been purchased by
mann,
improvement program, city of¬
Wednesday
planned
to
recruit all possible opposition to
ficials
Youngstown), Ohio
$187,000 school
building construction bonds of¬
Bond Sale—The
Columbus,
2%%
2$%
Snyder & Co....,
|||||-
Bonds Sold—The District Clerk
reports that $133,000 gymnasium
bonds approved
by .the voters
TEXAS
,
its
ferent
Liberty
County
ville, and the Bank of Hartsville,
at a price of 101.15, as noted here
155, p. 589—were purchased
as
2%s, giving a basis of about
2.65%. Due $3,000 from Jan. 1
100.05
100.579
100.31
Fayette Township (P. O,
Sturgeon), Pa.
Bond Sale—The $150,000 cou¬
pon
WISCONSIN
Hurley School District (P. O.
Hurley), Wis.
the
$39,000
funding bonds sold jointly to the
Hermitage Securities Co. of Nash¬
1950 to
f
Bonds
2V4%
South
on
issuing
terials necessary for the project.
,
100.73
100.60
100.27
2"/4%
The
that
Sanders,
$8,444,278.09 in the first Board of Education, that an issue
7, to submit to the voters $75,000 six months of the present fiscal of $10,000 school bonds, approved
or
$100,000
improvements and year. These collections were $1,- at an election on May 17, 1941,
land purchase bonds.
145,948.88 larger than in the same have been sold to the State Board
period of the preceding fiscal of Education, at par.
Tulsa, Okla.
J
year.
Nearly half of this increase
Waco, Texas
Bond
Purchase
Agreement
was the result of a jump of more
Bond Offering — W.
C. TorPending—The Tulsa "World" of
than $500,000 in inheritance taxes.
rence, City Manager, states that
Feb. 5 reported in part as follows:
he will receive sealed bids at the
Fearful that the proposed Fed¬
SOUTH CAROLINA
office of the City Secretary until
eral
tax
on
municipal
bonds
North-West
Section 7.30 p.m. on Feb. 17, for the pur¬
might invalidate the sale of the Charleston,
chase of $50,000 2V2% semi-ann.
Paving Dist. (P. O. Charleston),
$3,833,000
city
issue
and cost
"If the bill
is passed in the
$180,000 airport
building bonds, recently author¬ meantime and a tax of *4 to 1%
ized by City Council, is now sub- is placed on these bonds, I have
ject to clearance of the project no doubt that the sale will fall
through the
Federal
priorities through," Gallaher said.
The attorney believes it would
board in order to obtain the ma¬
ter
►
George E.
v;'.-
stated by George L. Nutter,
City Treasurer, that the city will
issue about $250,000 bonds in con¬
nection with
a
project to cost
$617,000 for water facilities, ap¬
proved by the Federal Govern¬
National-'":
Heights
p.m.,
Martha Willis, Town Clerk,
purchase of $15,000 water
works
bonds, approved by the
voters on Dec. 16.
Due $1,000 in
ger
OHIO
•
& Boyce........
Tyson Co
A.
Clifton Heights....
c. c. codings & Co.....;..;
M. M. Freeman & Co..,...v
for the
and
voted to have
2V4%
2!/4%
by
Co.,
................
White
D.
'
101.02
100.798
-
Bank,
Dawson, Okla.
Bond
Par
Co.........
R.
_
%
&
..............
Rate
states
Contemplated—
It is
Harts-
—v.
the
New York City will be furnished
Bidder
Co.
2V4%'
2>/4%
Interest
Issuance
-
.
Wash.
Bremerton,
Bond
ment.
County (P. O.
ville), Tenn.
Chairman
an
thorough,
survey of
has pur¬
$20,000 23/4%
11 and 3% street
refunding bonds.
—Vj 155, p. 493—were awarded to
1952 incl.
These are the bonds an account composed of Moore, Harris County (P. O. Houston),
voted outside the 10-mill levy at Leonard
Texas
&
Lynch, A. Webster
Bond Offering — H. L. Wash¬
the general election in November, Dougherty & Co. and George G.
1941.
A certified check for $100, Applegate, all of Pittsburgh, as burn, County Auditor, states that
payable to order of the village, is 2%s, at 100.138, a basis of about he will receive sealed bids until
required. Legal opinion of Squire, 2.74%. Dated Feb. 1, 1942 and due 11 a.m. on Feb. 27, for the pur¬
Sanders & Dempsey of Cleveland Feb.
1
as
follows:
$2,000 from chase of $2,000,000 series B, 1942
will be furnished the purchaser., i
road and bridge bonds.
1946 to 1948 incl.; $5,000, 1949 to coupon
1960 incl. and $7,000 from 1961 to Dated Mar. 10, 1942. Due $100,000
OKLAHOMA
from Mar. 10, 1943 to 1962. Inter¬
1972 incl.
est rate to be determined by the
Hyde Park, N. Y.
Bond Sale—The $10,000 storm
sewer
"A" coupon or registered
offered
&
Clifton
Offerin g—Walter L.
Bond
incl.
reading
requiring a
disinterested efficiency
the city government.
Trousdale
Council
the
final
on
ordinance
on
Rate Bid
Int. Rate
Newbold's Son & Co.
Warren
New
bonds
H.
tv-.
-■
■
............
$150,000
which wil be issued in 1943 to
1957
Stein Bros.
3%
Clements, Village Clerk, will re¬
Federal income
ceive sealed bids until noon on
the succesful bidder may, Feb. 28 for the
purchase of $6,000
at his election, be relieved of his
6% coupon fire apparatus bonds.
obligations under the contract to'
Dated Jan. 1, 1942. Denom. $600.
purchase the bonds and in such
Due $600 on Sept. 1 from 1943 to
case the deposit accompanying his
—
to
Upper Darby National Bank,
Upper Darby
tax law,
Kingston, N. Y.
1943
time
same
approved
Dated
,
Bidder—
Elair
Par
Royalton (P. O. R. D.
Berea), Ohio r.:-: v.'
North
and character shall .be taxable by
Bonds Authorized
;
W.
the terms of any
bid will be returned.
from
,
100.19
r:
1.77%.
high bid of 101.164 for 2s
was made by Burr & Co. of Phila¬
delphia.
POther bids were as follows: 1
& Co...1%% ;
-Weil, Roth & Irving' Co
l3i%
Prescott, Jones & Co....,.,..
1 3-4%
Rvan, Sutherland & Co.......
1
about
1942 and due $2,000
Second
Int. Rate
'r V
1,
March
1
.
of
March
the
At
Sale—The $30,000 coupon
basis
a
Rate Bid
100.80,
100.77
100.52
1&% ;• 100.39
l3,i%
100.35
1%%.
100.07
Bidder
Fox, Reusch
the same type
from bonds of
as
also bid for as follows:
City
Council authorized recently the
issuance of $200,000 in bonds for
fire and police department equip¬
ment.
(P. O.
building bonds offered Feb. 10—
v.
155, p. 356—were awarded to
Singer,
Deane
&
Scribner
of
Pittsburgh, as 2s, equal to 101.68,
The $22,000 street
WASHINGTON
Nashville, Tenn.
Approved — The
Bonds
Lansdowne), Pa.
Bond
improvement bonds awarded Feb.
10 to J. A. White & Co. of Cin¬
name
School District
■
single rate
incl. Bidder to
of
•
Aldan
Marietta, Ohio
Bond Sale
many
interest.
"
purchase of $75,000 not to exceed
5% interest coupon or registered
refunding bonds of 1941.
Dated
Oct. 1, 1941. Denom. $1,000.
Due
$25,000 on Oct. 1 from 1953 to 1955
work, about $1,500 in
hundreds of dol¬
cash, and
Dated Jan.
Tuesday, February 17, 1942
Page
Weekly Return of Member Banks.. 730
Condition of N. Y. Reserve Bank.... 730
Condition of Federal Reserve Banks
Combined
Individually
Federal
Reserve
Note Statement
740
...741
741
741
Weekly Federal Reserve Changes
Rankers'
loans
•
«
Building Construction In 1941
Class I Roads' Net Income for Nov..
731
731
734
@FedFRASER