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2 3.1943
MONDAY
Reg. U.
Volume 157
New
Number 4153
ST ATE
S.
Pat.
Office
York, N. Y., Monday, February 22, 1943
AN D
Price 60 Cents
Copy
a
CITY D E P A RT M E N T
BOND PROPOSALS AND NEGOTIATIONS
In This Issue
yield the $7,175,000 required an¬ National Bank of
nually to pay interest on all obli¬ the First National
gations, maturing principal on se¬ phis, jointly, at a
rial bonds, and the call for re¬
De Witt,
demption of $1,000,000 of term
•;
Corporation News
bonds. Annual collections also
decline
State and
City News
QUOTATIONS
New
Stock
York
can
still
yield
interest and
price of 103.
Ark.
a
$20,000
issue
its debt service
in
receive
^
The
of water
City
system
"cushion"
Bond
event
low
Exchange
annual
allocations
fall
be¬
$7,175,000.
Call—T.
the
J.
Cloor, Presi¬
of Directors,
Board
that
3V2% refunding
bonds, Nos. 1-RB to 20-RB have
called
for
payment
on
outstanding high¬
March 1, 1943, at par and accrued
includes $31,000,000 of
3V4s of 1972
and
$1,000,000 of interest, at the National Bank of
these can be called on April 1. Commerce in Memphis.
debt
sealed
chase,
the
at
until
tenders
March
on
10
the
pur¬
prices
sub¬
for
23
lowest
mitted and not exceeding par and
accrued interest, a portion of its
refunding bonds as follows: $45,000
general
refunding
callable
bonds of 1936 and
$30,000 general
refunding callable bonds of 1939.
announces
been
The' State's
way
Out-of-Town Listed Markets
Treasurer, announces that
the city, pursuant to the terms of
he
refunding agreements, will
a.m.
Authorized
Council is said to have authorized
fund, which can be used to sup¬
dent of
plement
highway revenues, in
Exchange
Curb
and
Bank of Mem¬
enough to pay all
maturing serial obligations. Mr. repair bonds.
Storey said the State had $5,400,- Earle
Special School District, Ark.
000
New York
45.13%
Bonds
Nashville, and City
Manatee
County (P. O.
Bradenton), Fla.
Bond Judgment Awarded—It is
reported
in
handed
down
Geo.
W,
judgment
by Judge
final
a
recently
that Col,
lawyer, was
total $1,788,557 and April 1 and
$20,926.40,
plus
$8.95
Oct. 1 interest requirements for San Francisco (City and County), court costs, as the result of a suit
for $25,000 against Manatee Co.,
the current year aggregate $4,Calif.
340,429.
Bond Election
The Board of Fla., School Board for old Board
Unlisted Securities
Serial
Miscellaneous
bonds
due
that
at
time
Whitehurst,
Sam Kirk, Bradenton
CALIFORNIA
awarded
—
Changes Proposed In Refund¬
ing Law — The Refunding Com¬
Supervisors
dered
an
mittee,
(See Index Below)
order
to
of
Lovett
ALABAMA
Mobile, Ala.
Supreme Court Approves Street
of the
One
ARIZONA
which
streets
serve
as
and
acquire and operate sup¬
to
Tom
Senator
City is
chairman,
Bond Sale—The
the
B.
(S.
measures
from the
remove
99)
that
held
mous
decision
.
bonds
did
constitute
not
part
a
city's constitutional
the
;of
such
debt,
since the income from the tunnel
•
earmarked
tolls
was
cific
purpose—the
for
a
spe¬
retirement
of
Due
on
23/4S, at a price of
a basis of about 2.748%ii
July 15 in 1944 to 1957
as
bonds.
revenue
Proposed improvements, includ¬
ing
enlargement of street ap¬
>
proaches were held to be "integral parts" of the original tunnel project.
The city had issued
revenue
bonds of $2,600,000 for
.
underpass, and a proposal to issue $4,500,000 bonds to redeem the out¬
standing issue and finance ap¬
proaches was approved by the
financing
•
.
its part of the
.Court.
Montgomery, Ala.
step has been taken in
refinancing program of the
indebtedness of the City.
bonded
The
plan provides for the ex¬
change of $300,000 of waterworks
warrants bearing 6% for a simi¬
lar
amount
A
rants.
from
-
of
serial
war¬
sinking
fund
3.5%
special
gasoline and kerosene taxes
is to be set up to
series
of
retire the
it
warrants,
new
was
an¬
nounced.
Municipal
announced
by
Earl
Page, State Treasurer, that
31/4% State Highway Refunding
Bonds, Term Series Nos. R-l to
R-1000, are called for payment on
April 1, 1943,, at par and accrued
interest. Dated April 1, 1941. Said
bonds may be presented for pay¬
ment to the Guaranty Trust Co.,
New York City, Mercantile Bank
& Trust Co., St. Louis, or at the
Revenues
that
stated
approximately 50% of the
owners
Adequate
Service—F. A.
said.
He
law,
said
revenues
the
The senator said if
service
fund
$3,highway reserve'
to bring it
new
could
be
back to par.
needed
used
If the
for
.
Another
Debt
for
second
"bond
year" ending March 31, would be
sufficient to yield the full $7,175,000 required for debt service on
the
highway bonds. Mr.
Storey said that highway revenues
the
low
nine
were
months
al¬
ended
Dec.
just about 10.5% be¬
the
aggregate for the corre¬
sponding 1941 period. On Dec. 31,
authorize
the
State
3j2s. As the present warrants do
'not
mature
nearly
all
until
the
July
holders
1,
are
1944,
ex¬
to
sell
can¬
vage
instead
of
burning
them;
Annual
"bond, year."
highway collections
decline 36.24%
.
■
.
can
from the April, 1,
a
bonds
the
to
and
will
voters
at
receive
bonds
■/-;'■
v.;.-
\> v.vV-;'
Council
Authorization
nance
Authorized
said
is
—
have
authorizing
Committee
The
City
passed a
Fi¬
the
issue
to
work¬
ing cash fund bonds in an amount
Finance
of from
Committee is said to have under
two
to
Urged—
Legislative
consideration
the
until
Alton, III.
Bonds
resolution
State
He is also
interest
ILLINOIS
an
Bridgeport, Conn.
Bond
coupons.
5%
as
bonds
be
CONNECTICUT
The
the
of
holder
paid.
are
scheduled for April 6, it
said..
Kirk
Mr.
substituted
interest
bills
$30,000 to not more than
$150,000.
;
which
Chicago, III.
Secondary Offering Of $13,301,-
the city to issue
bonds.
Mayor Jasper
000 Water Certificates—A syndi¬
McLevy is urging the authoriza¬
cate headed by Halsey, Stuart &
tion of refunding bonds in the
Co., Inc., and Blyth & Co., Inc.,
amount of $1,264,000, pointing out
both of New York, made public
that even with this borrowing,
offering on Feb. 18 of $13,301,000
Bridgeport would still be about
2%, 2V4% and 2V2% water works
$8,000,000 under its statutory debt
system revenue certificates of in¬
limit.
debtedness at prices to yield from
1.25% to 2.10%, according to ma¬
FLORIDA
Jacksonville, Fla.
Sale—The
Bond
pon
chased
$200,000
cou¬
semi-ann. refunding bonds of
1943, offered for sale on Feb. 11—
157, p.
jointly to
v.
.
The banking group pur¬
obligations from the
Prudential
Life
Insurance
Co.,
turity.
433 — were awarded
Halsey, Stuart & Co.,
and
the
Newark,
on
Feb. 16.
They mature
variously on Jan. 1, 1949 to 1960
incl., and are valid and legally
binding obligations of the city,
Leedy, Wheeler & Co. of Or¬
payable solely from revenues de¬
lando, as
l3/4s, at a price of rived from the municipal water
100.309, a basis of about 1.725%.
system and not otherwise.
The
Dated
March
1, 1943.
Due on
mit the Investment Board to buy
city covenants to maintain rates
March 1, 1959.
for water sufficient to pay the
any direct obligation bonds of the
Paying Agent — The Manufac¬
State that might be threatened
with default.
The
an
to
in
committee
also
appropriation bill
turers Trust Co., New York, has
introduced been appointed New York paying
for
$200,000
refunding
(S. B. 100) agent
permit the State to invest with¬
the
next
from
the
funds
in
two
debt
years
$6,500,000
service
government bonds.
announced
Feb,
construction
of
bonds
1943
and
"cushion"
RFC
of
17
jhad sold $4,140,000
Jesse
Commerce,
that
Finance
—
the
Re¬
1941-March 31, 1942 total and still refunding bonds to the American
due
dated
March
Tenders
March
1, 1959.
1,
Invited
INDEX
Page
Quotations:
New York
Stock Exchange
New York Curb
Exchange.
Town
Other Stock Exchanges
714
720
Securities
State and City Department:
Bond Proposals and Negotiations.
will receive sealed tenders of $2,-
General Corp. and
000
Dividends
refunding bonds, due Jan. 1,
1969, until March 9, at 8 p.m.
Lakeland, Fla.
To
Purchase
-Frances
R.
693
709
Unlisted
—
Clerk T. J. Bozman states that he
Corporation
State highway
1943,
Lake Placid, Fla.
Bond
he
the current
election
(S. B. 98), in¬
troduced by the committee, would
State's
for
submitted
measure
in
warrants
were
service, he
said, the money would be avail¬
able for the legislature to use for
any highway purposes desired.
for the lower yielding tax exempt
outstanding
reserve
debt
continued, the State lacked
Bonds Sold By
only $227,997,of the total of $7,Jones, Secretary
175,000 needed for debt service
the
fund
fell below the required
ever
500,000, the
not
"cushion"
Storey, Jr., Super¬
the
airport
$100,000
is
to
refunding
debt
celled bonds and coupons for sal¬
State
for
Greeley, Colo.
would empower
ready have consented to exchange
of
the
nor
owner
Election—The issuance of
Bond
Senator
unless
is
securi¬
refunding is¬
subsequent 3V2% re¬
fund, which was matured in 1940
sue,
and
service
would
require the treasury to
Refunding pay into the new reserve fund
Board, has stated that, despite any profit the State made on pur¬
losses occasioned by gasoline and l-chase of "B" bonds at a discount
tire rationing and other factors, before maturity; and would
per¬
of
visor
31 last
officials
is
Lovett
6%
not exchanged un¬
der the Board's 4%
later
COLORADO
obliga¬
debt
to
1941
the
State Treasurer's office.
Another
the
Call—Ft
Bond
addition
the
Instruction
were
bonds,
in
an
and 1941.
The suit was first in¬
$7,950,000, turned down
stituted in the name of Miss Jo¬
by the voters at the November,
sephine Kianour, but the court
1942, election.
service fund.
Arkansas (State of)
;
,
Continues—
Refinancing
Debt
?
in
under
Railway Pur¬
revenue
changed a surplus of $1,400,000 in the highway fund would
have to go
into the 1941 debt
ARKANSAS
•
tions
law
Interest payable J-J.
incl,
did not meet all
revenues
Street
Public
ties that
amount of
$4,100,000 State
Francisco, and Boettcher & Co. of
of
or¬
Refund¬
Arizona
Denver,
100.019,
Market
chase
to1 have
election for April 13, in
resubmit to the voters
ing Board 16 private citizens. Ad¬
refunding bonds (for ernor, Lieut-Governor, Treasurer,
plemental ferries was upheld re¬
Secretary of
account of Maricopa County), of¬ Attorney General,
cently
by
the
State
Supreme
fered for sale on Feb. 11—v. 156, State and the Bank Commissioner.
Court.
Another bill (S. B. 101) would
p. 2081—were awarded jointly to
Affirming Mobile Circuit Court,
new 'highway
reserve
the Bank of America, N.T. & S.A.; create' a
the higher tribunal in a unani¬
be used
in
the
event
R. H. Moulton & Co.- both of San fund to
of
the
i ministration of the program would
be left in the hands of the Gov¬
Ariz.
■
I extensions of the river terminal
of
would
city to issue bonds for improve¬ Maricopa County (P. O. Phoenix),
of
Star
pected to give their assent to the presented three bills to the Sen¬
refinancing long before the dead¬ ate designed to modify the 1941
line.-, '
:'>■
■
■/ V..
; highway bond
refunding program.
Bond Financing—Authority
ments
which
of
said
is
681
Investment News 686
Declared
and Payable—
724
Redemption Calls and Sinking Fund
724
Notices
The Course of Bank Clearings
721
Refunding
Bonds
Foreign Exchange Rates
724
Petteway,
Acting
capital
722
Flotations
& FINANCIAL CHRONICLE
THE COMMERCIAL
682
Monday, February 22, 1943
oh Feb. 17 art value to avoid disturbing the bond
notes at 0.45% market and reducing the selling
$35,000 airport
and to pay the prin-'
•
Corp., New York, as Is, at a,,pricq', discount. Dated Feb. 17, 1943 and price still further. .
cipal and interest upon all out¬ bonds offered Feb. 16—v. 157, p.
"We sell Covert bonds in blocks
of
100.959,
a
basis
of
about due in payments of $300,000 each
594—were awarded to the Harris
standing certificates and bonds,
0.835%.
Dated Feb. 1, 1943 and on Nov. 5 and Nov. 26, 1943. Other of $5,000,000 and do not flood the
end pledges that such rates shall Trust & Savings Bank of Chicago,
due $45,000 on Feb. -1 from 1947- bids! First National Bank of Bos- market," Reid said. "I can't un¬
not be reduced, while any certifi¬ as Is,' at a price of 100.031,"a basis
to 1951 incl.
Other bids, also for tori and the Second National Bank derstand why it will take a year
of about 0.99%.
Dated Jan. 1,
cates or bonds remain unpaid.
1%' bonds, included the following: of Boston each named a rate of and a half to liquidate these."
1943
and due $5,000 on
Jan. 1
Underwriting Group—Members
Reid;said he also Objected to a
Bidder—
I
Rate Bid' 0.478%; on the issue.
Second
of the underwriting, in addition from 1944 to 1950 incl.
provision in the resolution deal¬
First National Bank of \
high bid of 100.023 for Is was
Somerville, Mass.
to Halsey, Stuart & Co., Inc., and
ing with the bonds which would
Chicago
and
Barr „ y r
made by Baum, Bernheimer Co.
Temporary Loan —A $500,000 allow
Blyth & Co., Inc., are as follows:
"private or public sale" of
Bros. & Co,
* 100.547
of Kansas City.
temporary loan was awarded on securities
Harriman
Ripley
&
Co., Inc.,
haying better than par
Eastern
Trust
Co.
of
•
•Feb. 16 to-Goldman, Sachs -& Co.
value.
*
Smith, Barney & Co., The First
Richmond, Ind.
Bangor
.100.514
of New York, at 0.492% discount.
Boston Corporation, Blair & Co.,
He told the board he could see
Bond Offering — Sealed bids Piercey White & Drum- "*
Dated Feb. 17, 1943. Due on Nov.
no
reason
for a private
Inc., Lazard Freres & Co., Phelps,
sale of
will be received until 10 a.m. on
mond
100.49
9, 1943.
Fenn & Co., Harris, Hall & Com¬
any State security and demanded
Feb.
25, by Winfield H. Urban, Harris Trust & Savings'•%,
'Other -bidders were as follows:
a public auction.
pany, Inc., Stone & Webster and
1
Bank
100.409 J Second National Bank of Boston
City Comptroller, for the pur¬
Blodget, Inc., R. W. Pressprich &
Meanwhile, Brake disclosed he
chase of $180,000 airport of 1943 Coffin
&.
Burr,
Lee
0.50%; National Shawmut Bank had assurance
of
an
Co., Kidder, Peabody & Co., Paul
Attorney
bonds.
Interest rate not to exceed
and Merchants National Bank of
Kigginson Corp. and
H. Davis & Co., Chicago; F„ S.
General's
opinion, there is no
Charles H. Gilman & :
J
3%, payable J-J. Denom. $1,000.
Boston 0.525% and Leavitt & Co;,
Moseley & Co., Estabrook & Co;,
legalistic obstacle to his plans to
Dated March 1, 1943.
Co.
-100.326
Due $5,000
0.535%, New York delivery.
B. J. Van Ingen & Co., Inc., Paine,
liquidate now securities in the
on
July 1, 1944, $4,000 January
State's bond portfolio which have
Webber, Jackson & Curtis, L. F.
South ' Essex Sewerage District,
MARYLAND
and July 1, 1945 to 1948, $7,000
Rothschild
&
Co.,
Hemphill,
been
quoted
at
below-par
for
y
Mass.
January and July
1, 1949 and Baltimore
Housing Authority, Md.
Noyes & Co., Equitable Securities
Notes Sold—It is reported that years.
1950, $5,000 January and July 1,
The
Notes Sold
An issue of $14,Corporation, Bacon, Stevenson &
opinion-by
Herbert
J.
$70,000 notes were "awarded on
1951 and 1952, $8,000 January and
Co., Otis & Co., Inc., Braun, Bos212,000 notes, dated March 1;-1943 Feb. 10 to the First Boston Cor¬ Rushton, Attorney General, said
July 1, 1953, $10,000 January and
worth & Co., Toledo; Eldredge &
bonds may be sold at less than
and due May 17, 1944, was sold
poration, at 0.437%. Due on Nov.
•July 1, 1954 to 1956, and $10,000
on Feb. 9. Salomon Brothers and
par value with approval
of the
Co., Inc., Kebbon, McCormick &
19, 1943.
January and $9,000 July 1, 1957.
administrative board. The board's
Co., The Milwaukee Company,
Hutzler, New York, bought $11,Runner-up bids were submitted
Rate ofinterest to be in multiples
'Roosevelt & Weigold, Inc., The
committee
already
has
212,000 of this issue at interest by- the First National Bank, and finance
of Vi of 1%
and not more than
Illinois Company of Chicago, First
rates
ranging from ■ .73 to ,77% the
Merchants ; National ;" Bank, approved his plans to liquidate
one rate shall
be named by each
of Michigan Corporation, Hayden,
with slight premiums over parlon both of Boston.
below-par "cats and dogs" secur¬
*
;
•
b l d cl e r.
The
bonds
will
be
ities in the sinking fund for best
Miller and Company, Cleveland;
some
maturities.
A group- con¬
awarded to the highest qualified
MICHIGAN
prices
obtainable.. -Mostly,
Martin, Burns & Corbett, Inc.,
the
sisting of the Union Trust Com¬
bidder who has submitted his bid
below-par securities are bonds
Chicago; Mullaney, Ross & Com¬
pany
of
Maryland,
Chemical
Dearborn, Mich.
'
in accordance with the notice of
issued by various municipal gov¬
Bank
and Trust
pany, Chicago; Bacon, Whipple &
Company,,.Na¬
i: Additional
Information — The
sale.
The highest bidder will be
ernments.
"
'
tional City Bank, Chase National
Co., Chicago; A. Webster Dough¬
Deputy. City Controller now. re¬
the one Who offers the lowest net,
Bank
and Bankers Trust' Com¬
erty & Co., Philadelphia, and FarLegislature Approves Post-War
ports that the $275,000 bonds sold
interest cost to the city, to be de¬
well, Chapman & Co., Chicago.
pany, bought $3,000,000 on a 177%' to a
syndicate headed by the First Reserve Fund Bill — The State
termined by computing the total
interest basis. The Authority re¬
Of Michigan Corp., of Detroit, as Legislature has completed passage
Port Byron, III.
interest, on
all of the bonds to
ceived four bids for the notes.
bill
noted here—v. 157, p. 594—were of a
creating a $50,000,000
maturities
and
deducting
Bonds Authorized—The Village their
post-war reserve fund, and ear¬
purchased as follows:
the
-•Council is said to have passed -an' therefrom
premium
bid, if
MASSACHUSETTS
J
marking $20,000,000 of
current
ordinance calling for the issuance any.
The approving opinion of
$170,000 43/4%. public improveState surplus to go into said fund.
Fall River, Mass.
,i;
ment
bonds
at
a - price
.of $65,000 water and sewer system Matson,
of
Ross,
McCord
&
Ice,
Additional surplus revenues will
Temporary Loan—A - $1,000,000 J
bonds.
Esqs., -of Indianapolis,
will
be
121.725,
a
basis
of
about
be placed in the fund by the Ad¬
i \ 2.47%. Due on Oct.
furnished to the purchaser at the temporary loan was awarded on
1, 1957.
ministrative Board as they accu¬
INDIANA
expense of the city,
No condi¬ Feb. 16 to Leavitt & Co: of New ; 75,000
414 % public impro ve¬ mulate. '
; '
4*
tional bids or bids in amount less
ment bonds at 122.915,
York, at 0.543%, discount. Dated il
basis
cost of maintenance
fered
Marion, Ind.
and operation
were
Sale—The
Bond
of the system
Feb.
17—v.
157, p. 594— jointly;-purchased
awarded to the First Boston' issue of $600,000
,
.
.
.
.
.
,
.-
"
-
—
,
•
-
.
,
'
1
a
Ellwood, Ind.
'
Bond
Offering
—
of the bonds
than
Gladys Land,
City Clerk-Treasurer, will receive
sealed bids until 3 p.m. (DST) on
March 3 for the purchase of $5,-
the face
value
plus
accrued
interest, if
the
rat4
at
any,
named in the bid will be'
considered.
In the event
no
satis¬
factory bid is received on the date
3;%% interest and at the time fixed, the sale
refunding bonds of 1943.
Dated will be continued from day to day
Jan. 1, 1943.
Denom. $1,000. Due thereafter.
The bonds are being
Jan. 1, as follows: $2,000 in 1945 sold for the
purpose of "procuring
and $3,000 in 1946.
Interest J-J. funds to be used in paying the
000
not
exceed
to
Bonds will be unlimited tax obli¬
gations
the
of
and
city
the
ap¬
proving legal opinion of Matson,
Ross, McCord & Ice of Indianap¬
will
olis
cessful
furnished
be
bidder.
the
suc¬
A certified check
for
$100, payable to the order of
the
city, is required.
Indiana
(State of)
cost of
acquisition, and the prepa¬
ration
and
for
Propose
Public
Bonds—A
Sale
bill
1252-1943,
Reve¬
been
in¬
troduced in the General Assembly
which would require cities
pose
of their
revenue
at competitive
lic
notice
securities
ings
of
and
enact such
Number
Ordinance
adopted
by
the
Com¬
Council of the city, on Janu¬
mon
18, and will be direct, general
obligations of the city payable -out
of unlimited ad valorem taxes, to
ary
levied
all
on
property in
of
the
the city.
Enclose
certified check for $2,500,
to- the
to dis¬
bond issues
city.
a
payable
J;,•%
.
.
taxable
to
hold
issue
IOWA
Bond
public hear¬
Attempts
legislation were de¬
matters.
Cresco,
-v
such
.
■:
<
ann.
Sale-—The
sewer
Feb.
Iowa
$11,500
bonds offered
semi-
for sale
15—v.
157, p. 433—were
jointly
to
two
local
as
nection with
the present effort, banks
H/as, at a
price
of
an
editorial
in the Indianapolis 101.000, a basis of about 1.35%.
Dated Feb. 1, 1943.
"News" observed as follows:
Due on May
to
feated
in
"Ten
1939
years
and
1941.
In
con¬
when the New
ago
1943.
-
1943.
j.
—
...
-
18,
Payable Nov.
- - v;: •••■• ■
Other bidders
were:
.
;
-Merchants'
Bank, the B. M. C. Dui-i
fee Trust Co.- of- Fall River, and
the National Shawmut Bank, all
offering 0.638%.
"
with
cities
to
to
on
awarded
1
in
1944 to
1955 incl.
match
that
"Every
recent
Assembly
has
from
in
5 to
an
of
the Assembly could j
respectability. Such;
before the Assembly, I
Mass.
'.
J
bill is
and has
now
passed the House."
about
Note Sale—The $1,000,000 anti-i
1
for sale
bonds
Feb.
awarded
—were
Shawmut
9—v.
to
Bahk,
157,
p.
National
the
the
and
514,
Mer¬
Feb.
on
in
Oct.
on
"
•
—
the
In
non-callable
of
9,
of
amount
approxi¬
mately $400,000 for the City Sink¬
ing. Fund
Railway Divi¬
(Street
;
leaves
unsettled
question of what will be done
with the fund.
The Legislature
may dip into it from time to time
to
unforeseen
meet
arising
broad
war
from
purpose
day's
with the call for-ten¬
connection
ders
;;;y..
Detroit, Mich.
Tenders Accepted
Bond
cipation of revenue, notes offered
on
improve125.305, a basis
2.31%. Due
1, 1958.
;
surplus
emergencies
the war, but the
is to set aside to¬
for
revenues
financial needs.
post¬
•
Including among post-war prob¬
lems
as
1—A
foreseen
now
need
for
are:
ready
,
cash
to
participate in a Federal-aid pro¬
of public works to provide
gram
sion), it is reported by Charles employment in the change-over
G.y Oakman,
City Comptroller: from war to peace. Since Michi¬
offerings of; $355,000 were gan; is the most centralized war
11, 1943. Due $700,000 on;
Nov. 8, and $300,000 on Dec. 20j accepted at an average yield of industry
center • in
the
United
2.249%.
1^43.'
y
;.
States, this change-over problern
,
..
;
is
Otherbidders • were: vA:% Gi
expected
to
be
especially
Ecorse Twp. Sch. Dist. No.: 11,
Becker & Co., New York; 0.33%4
severe.
4";:v ' ■ ••• ;'. ;■ • ;
^.y.yyy^'.;y
2—A need for funds to pay a
Leavitt & Co., New York, 0.535%;
Sealed Tenders Invited—Sealed
on
New York delivery, and the
bonus to returning service men
tenders
will; be
received
until
First National
and provide welfare funds to tid'e
Bank of Boston)
7.30 p.m. (EWT), on March 4, by
them over until they find civilian
0.56%. ;
; ;
-r-.i Ralph L.
Jolly, District Secretary,
jobs again.
The demand for the
certificates
of
indebtedness,
Lynn, Mass.
; v'
//•; \ of
bonus after World War I arose
dated Sept. 1,1937. The amount
Temporary .Loan — A $500,000
from this period of distress, but
available for retirement of certi-!
temporary loan was awarded or^
because it had not been antici¬
ficates' is reported at $45,316.48.
Feb.
16
to
the
J pated, the movement to pay a
Manufacturers-^
Central National Bank * of Lynn; Lake
Twp. Sch. Dist. No. I, Mich., bonus did not produce results un¬
at 0.459 % discount, Due. on Nov*
Sealed Tenders Invited — It is til five years after the war had
5, 1943.
...
ended and when for most former
stated
National
chants
Bank, both Of
Boston, at 0.528%, discount. Dated
that:
Feb.
;
•
-
that
.
Other
First
bidders
National
were
as
follows J
of" Boston
Bank
Bond
cultural
Feb.
23
000.000
for
the
notes.
purchase of
$4,-
March
Dated
1,
29, 1944.
Issued
under the provisions of" Chapter
49, Acts of 1933, as amended, cre¬
ating
an
Emergency
Finance
Board, being in renewal of $4,1943.
Due Feb.
000.000
notes
Interest
will
clue
be
March
payable
1,
at
1943.
ma¬
turity, the Commonwealth figur¬
ing interest on the exact number
of days, 360-day year basis.
Pay¬
The counties still
were
listed
Marshall,
as
Liv¬
Perry
and
able
in
! option
Boston
or
New
of purchaser.
York
at
The award
;is subject to the approval of the
Governor and Council.
MAINE
Quincy, Mass.
will
tenders
ceived "until
8
be
re¬
March 1,
by Superintendent Frank A. Dix-^
on,
jot
p.m.
on
refunding
1937
$5,000
bonds, Series A, B and C.
service
3—A
Michigan (State of)
tion—L.
B.
Reid, State Highway
Commissioner, entered objections
recently to What he described as
"unseemly"
speed
in
plans
to
liquidate approximately $13,000,000
worth
of
in
bonds
resume
the
State
accumulated
the
construction
State's physical properties.
Rebuilding
Propose Sinking Fund Liquida¬
for
need
funds to
of the
the period of adjust¬
passed.
men
ment had
State
and
improvement
institutions
halted foi
have
mulated obsolesence will have
be faced
of
been
the duration, and accu¬
after the
to
war.
Roseville, Mich.
Sealed Tenders Invited—Sealed
fund and ob¬ tenders will be received until 5
action on the p.m. on Feb. 23, by Village Clerk
W. E. Utt, of certificates of in¬
plan'by the State Administrative
Board.
debtedness, issue of 1937.
The
Keid
told
the
board
that
it amount available for purchase is
highway
sinking
tained
delay
in
plenty
of
a
"spends
items"
of
time
and
business
for
an
$100
on
that
he
immediate
saw
no
reason
vote
on
liquidation of the sinking
said to be $25,000.
Royal Oak Sch. Dist. (P. O. Royal
Oak), Mich.
Bond
Sale—The
$490,000 series
AA-3
coupon
semi-ann. refund¬
15, 1944.
D. Hale Brake, State Treasurer, ing bonds offered for sale on Feb.
9—v. 157, p. 514—were awarded
agreed with Reid that there is
to a syndicate composed of Mil¬
sufficient cash on hand in the
fund,
mature
in
which
will
Nov.
sinking
which
bonds
last
fund
will
to
mature
retire
bonds ler, Kenower
&
Nuveen
&
between now
and the end of the current
John
Co.
Co.
of
of
calen¬ Stranahan, Harris & Co.,
Detroit,
Chicago,
Inc., of
that much Toledo, and Martin, Burns & Cor¬
bett of Chicago, paying a price
Sale—The $225,000 agrir mut Bank of Boston and the Mer¬ time must be spent in liquidating
of 100.011, a net interest cost of
(non-callable) bonds of¬ chants National Bank of Boston; "poor" securities at less than par
Maine (State of)
raise them to
a
4%.
default
act validating these
issues, a move which implied that ingston,
they were questioned in responsi¬ Trigg.
ble financial circles and only the,
blessing
of
•
•
measure
the
public
ment bonds at
•
money
voted road and bridge bonds, as
time, about $50,- compared with 17 that were in
000,000 worth of these bonds have default on June 30, 1940, it was
been sold to finance the purchase stated in a recent monthly report
of utilities, to build sewage dis¬ of the Kentucky Department of
As a result of the debt
posal plants, swimming pools and Revenue.
other properties.
The bonds are adjustments effected in Decem¬
sold without advertising the in¬ ber,
the
interest
rate
on
the
tent of city councils, without a Letcher
County issue was
re¬
public hearing, and without com¬ duced from 5 to 2!^% and on the
$108,000 Morgan
petitive bidding.
County -bonds
adopted
30,000 ' 4*4 %
,,
Haver hilt,
provide
able them to exceed it.
"Since
•<
The
Nov
on
:
1958.
1,
National
0.51%; Leavitt & Co/,.. N/'IY.j
0.5195%;
KENTUCKY
Security; Trust V Co.;
made0.565% Merchants National Bank
work
Kentucky (State of)
projects, they sent a bill
of Boston 0.57%; National Shaw-»
out
from
Washington
to
the
County
Defaults
Reduced- mut Bank 0.575% and Day Trust
States setting up a plan of bor¬
Completion in December of two Co., 0.59%.
^
rowing against receipts and issu¬ county road and bridge refund¬
Massachusetts (State of)
- j
ing revenue bonds.
The Indiana ing operations that had been in
Note
Offering — William ; E,
General Assembly adopted it be¬
progress over two years reduced
cause
many cities were near the to only four the number of coun¬ Hurley, State Treasurer, will re-1
ceive sealed bids until noon on
2% debt limit and this would en¬ ties
remaining in default on their
wanted
Dealers
"of about 2.48%. Due
.
bidding, give pub¬
intent
such
on
accord¬
in
purposes,
with
thereof
18,
-
Of
has
airport
ance
be
nue
improvement
Feb.
Note Sale—The National Shaw¬
dar
year
but
argued
Volume
about
"Number 4153
157
2.635%,
bonds
the
on
;THE COMMERCIAL & FINANCIAL CHRONICLE
as
i
Other
'
1,
$15,000 in 1944 to 1947, $25,000
•in 1948 and 1949, $15,000 in 1950,
Sachs
•as
bids
were:
Co.,
0.432%;
Goldman,
of
follows: $125,000 maturing Oct.
&
chants
National
the
Bank
of
683
Iiigginson
members
man,
partments and Irvington
Corp. ' 0.465%; Gold¬ rate without using cash surplus.
Sachs & Co., 0.468%; Bond, Anticipated revenue is $37,765.62
Judge & Co., 0.478%.
higher.- :
»
•
•
Mer¬
Boston,
Boston, 0.443%..
SVss, A. & O., $85,000 maturing
53-Point
Tax
Increase
Pre¬
1, $10,000 in 1950, $25,000 in
Belleville, N. J.
Keene, N. H.
>
dicted
A tax rate
53 points
1953, as 2V2S, A. & O., and
Tax Rate Unchanged — Town
Note Sale—The $200,000 notes
higher than last year's $4.13 is
$280,000 maturing $40,000 Oct. 1,
Commission has unanimously ap¬
fo,recast in the 1943 budget in¬
1954 to 1960, as 21/>s, A. & O., to offered for sale on Feb. 9—v. 157,
proved on first reading a pro¬ troduced
by the Town Commis¬
.Oct. 1, 1953, and 3%5, A. & O., p. 515—were awarded to the Mer¬
..
$11,899.82
—
-
►
Inverse
numerical
'interest
payment
order, on any
date prior to
chants
at
0.414%
Additional
•
the
indebtedness
First
.Trust Co.
of Boston,
National
of
-
Boston,
Dated
sold
&
Bank
.
A $750',000
—
on
Feb/16 to the First National Bank
Feb.
Minneapolis, at 1%
594—are dated Feb. 1,
/'
T'¬
other bidders
157, p.
-1943, and mature $100,000 on July
1, and $95,000 on Dec. 15, 1943.
Leavitt &
discount.
0.45%
at
17, 1943. Due on July
15, 1943.
of
-r-v.
,
loan was awarded
temporary
The
--
County Auditor. reports that the
road and bridge fund
'to
Bank
and the First National
of, Boston, 0.46 %.
; y-1
• \
Manchester, N. H.
Information
of
$1.00; the
0.439%,
Temporary Loan'
$195,000
.certificates
National
Second
Grand
(P.lO.
Rapids), Minn. I
..
Feb.
were
follows:
as
taxes.
Reviewing
budget with no in¬ sion Feb. 9. The tax
levy of $3,crease
over
last year's $4.45 tax
427,566.23 is $340,479.73 higher
rate.
Total budgetary require¬
than in 1942. Nearly half the in¬
ment's are $2,108,284,67, with $1,crease
is due to bonuses to town
'396,582 to be raised by taxation; and
school
employees,
Mayor
A
public, hearing will be held Kruttschnitt said. The
bonuses, to
March 1 at 8 p.m.
" 7 ■' be
paid for the duration, total
The total requirement is an in¬ $154,000. Other major factors in
crease of $92,033.79 over 1942. Al¬
the - increase are: Surplus, $132,though-the amount to be raised 000 less than the $165,000 used last
by -taxation is $77,343.50 higher year; $22,000 payment for state
posed
Boston,
Dated
Corp., 0.43%,.'plus
Bank
County
discount;
of
,
MINNESOTA
Itasca
Bank
9, 1943 and due on.Dec. 15, 1943.
Other:; bidders .were: First .Bosr
ton
maturity at par and accrued intertest, on and after Oct. 1, 1953.
/ ,
National
de¬
General
$260,426.51 of last year;
drop in 1942 hospital
revenues, and estimated increase
of $12,000
in state and county
-Oct.
thereafter to maturity.
Bonds maturing in 1954 to 1960,
shall be subject to redemption, in
fire
less than
,
.
and
from
Irvington, N. J.
.1951 to
police
Hospital staff; anticipated revenue
delinquent taxes $56,880.66
0.434%; the Second National Bank
NEW JERSEY
of
1943
the
budget,
Mr.
Kruttschnitt, who is revenue and
finance director, said some of the
jump
had
have
could
Local
been
Government
avoided
Commis¬
sioner Darby approved the town's
plan to refund $832,000 in bonded
indebtedness
over
a
10-year
period. Faced by the increase,
Kruttschnitt
said he sought the
refunding
because
the
town's
present
amortization
schedule
than last year,, a $2,093,000 jump inheritance taxes on the Ollemar
calls for payment of one-third of
in/ratables 'will "prevent a rate: tract, acquired last year through its bonded indebtedness of $6,~
rise,.
./
foreclosure; $15,000 for defense, •865,000 in the next six years.
In
;
Increases of $104,084.63 in non- plus $25,000 appropriated under a the past nine years municipal ap¬
1942
emergency;
ratable reduc¬
controllable
items, Mayor Wil¬
tions
of
$2,090,941.14, including propriations were approximately
liams, Revenue and Finance! Di¬
rector; explained, precluded use $570,300. for the Ollemar property; $18,000,000, of which 36% went
Co., N. Y., 0.464%; Lee of new/ ratables for
a
lower
tax
$8,850
base
pay
/raises
for
top "into
debt
service/he
said.
The
MISSISSIPPI
Bonds
f
'states
Interest exempt,
Union, Miss.
'
Sold—The
that
refunding bonds
600, have been
by Kingsbury &
$52,000 special
Town
Clerk
following
the
3V2%
fffflfl-f
and
trict bonds.
Yazoo
(P.
Alvis of Jackson:
13,301,00 O
street
Dated Feb.
Yazoo
City),
Miss.
2%, 214% and 2V2% Water Works System
Certificates of Indebtedness
•Love, Clerk of the County Board
of Supervisors, that the following
ment
being called for pay¬
April 1: .•-/• .,../:/\y//V;
are
on
?
City of Chicago, Illinois
1, 1943.
Districts
Bond Call—It is stated by F. J,'
bonds
V;'/
- V;
street
County Road
O.
•
aggregating $73,purchased at par
improve¬
intersection,
$12,000 Separate School Dis¬
$9,600
ment,
;
in the opinion of counsel) from all present Federal Income Taxesy
under existing statutes and interpretations thereof.
Revenue
,.$24,000 Road District No. 1 bonds,
Nos. 17 to 40.
Due $8,000
April. 1 in 1944 to 1946.
"150,000
Road
District
No.
bonds,
•
on
.
These
of
as
April 1, 1941.
•v
•
■
MISSOURI
*
St.
-
"
Bond
sale
Louis, Mo:
Sale—The
airport
ann.
'
'
%
$600,000 semioffered
for
that suclr
bonds
Feb.
Certificates,-\x\ the opinion of counsel, constitute valid and legally binding obliga¬
City of Chicago, payable solely from revenues derived from the water
works system of the City and not: otherwise. The City covenants to maintain rates for
water sufficient to
pay the cost of maintenance and operation of the system and to pay
the principal and interest upon all outstanding certificates and bonds, and pledges
tions of the
1953.
Issued
' Due variously January 1, 1949 to i960, inclusive
'
3
Nos. 31 to 180.- Due
on April 1 in 1944 to
$15,000
*"'•//:/--
/•
.
rates
shall
•Milwaukee,
the
A. G. Becker
Illinois
Co.,
on
be reduced while any
certificates
or
bonds remain unpaid.
Prices
&
March
1
in
1948
to
to
yield 1.25%
to 2.10%
and
Co., both of Chi¬
cago/ and Barr Bros. & Co. of
^New York, as lVss, paying a price
of
100.643,' a
basis
of
about
•1.055%.'
Dated March
1, 1943.
Due
not
16—v.
157, p. 434—
were awarded to a syndicate composed of the Milwaukee Co." of
on
These
Certificates
are offered subject to our receipt. Legality approved by Messrs. Chapman & Cutler, Chicago,
opinion will befurnished upon delivery. The offering circular may be obtained in any State in which
this announcement is circulatedfrom only such of the undersigned as are registered dealers and are
offering these securities in compliance with the securities law in such State.
'
-
whose
.
'
1955
•inch '•
HALSEY, STUART & CO. INC.
MONTANA
Montana
Asks
:
(State of)
$10,000,000
the
Legislature to
Gary
proceedings
election
Bond
Issue-
on
pass
to
the neces-*
permit an
,
$10,000,000
a
ture/bond
issue
for
highway construction.
—
of
*
•
:'v>,
THE FIRST BOSTON CORPORATION
f
s
R. W. PRESSPRICH &, CO.
CO.
^
F.S. MOSELEY&CO.
B.J.VAN INGEN &CO. INC.
ESTABROOK &.CO.
CHICAGO
The
City
$67,000 not to exceed 2!72%
Sch.
PAINE, WEBBER, JACKSON & CURTIS
L. F. ROTHSCHILD & CO.
HEMPHILL, NOYES &, CO.
re¬
EQUITABLE SECURITIES CORPORATION
OTIS &, CO.
BACON, STEVENSON & CO.
(INCORPORATED)
Dist.
(P.
Scottsbluff), Neb.
O.
!
BRAUN,BOSWORTH &CO.
ELDREDGE&.CO.
TOLEDO,
Bonds Refunded—It is
reported
^ that $206,000 3% building bonds
have been refunded through the
Kirkpatrick-Pettis Co. of Omaha,
'•at
KIDDER, PEABODY&CO.
INCORPORATED
calling for the issuance
Scottsbluff
'■
INC.
HARRIS, HALL &, COMPANY
(INCORPORATED)
f
funding bonds.
f
BLAIR&CO.
.
PHELPS, FENN & CO.
WEBSTER AND BLODGET
STONE
PAUL H. DAVIS
Council is said to have passed an
ordinance
SMITH, BARNEY&CO.
LAZARD FRERES & CO.
.
Bayard, Neb.
Authorized
CO.
INCORPORATED
deben¬
post-war
NEBRASKA
Bonds
HARRIMAN RIPLEY
Sam C, Ford has asked
Governor
BLYTH & CO., INC.
INCORPORATED
ROOSEVELT&WEIGOLD
.
.
THE MILWAUKEE COMPANY
.
THE ILLINOISCOMPANYOFCHICAGO
MILWAUKEE
FIRST OF MICHIGAN CORPORATION
INCORPORATED
HAYDEN,MILLER ANDCOMPANY
2Y2%.
KEBBON,McCORMICK&,CO.
CLEVELAND
'
MARTIN, BURNS&.CORBETT, INC.
CHICAGO
MULLANEY, ROSSLCOMPANY
CHICAGO
NEW HAMPSHIRE
Concord, N. H.' 1
$400,000 issue of
temporary
loan
no.tes
was
BACON, WHIPPLE &, CO.
CHICAGO
"
■/ '
A. WEBSTER DOUGHERTY & CO.
<
r
•
r
PHILADELPHIA
"
FARWELL, CHAPMAN & CO.
CHICAGO
Notes Sold—A
awarded
on
Feb.
11
to
the
Principal and semi-annual interest, payable in New York City
or
in Chicago. Coupon Certificates in the denomination
of $1,000; .registrable'as to principal only. The information contained herein has been carefully compiled from sources
considered reliable, and while not guaranteed as to completeness or accuracy, we believe it to be correct as of this date.
First
.Boston Corporation, at 0.41% discount, to mature Dec. 7, 1943.
Dated Feb. 15, 1943.
February 18,1943.
.
.
Commercial
and Financial Chronicle (Reg. U. S. Patent
Office) William B. Dana Company, Publ.i.neis.,
Spruce Street, New York. BEekman 3-3341. Herbert D. Seibert, Editor and Publisher:
Dana Seibert, President; William D. Riggs, Business
Manager. Published twice a week tevery Thursday (general news and. advertising issue) with a statistical issue on Monday]. Other
Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). London—-Edwards & Smith. 1 Drapers' Gardens, London. E.C.
Conyright 1943 by William
B. Dana Company.
Reentered as second-class matter February 25, 1942, 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, temittances for foreign subscriptions and advertisements must be made- in'New York; funds.''
M
I
William
offices:
THE COMMERCIAL & FINANCIAL CHRONICLE
'684
'
1
Kingston, Ni TV/
refunding plan wa& designed to such lower rate, and so on until
Bond Offerings-Sealed bids will
lessen the peak debt service load the bonds are awarded. No bid for
less than all the bonds will be be received until '2- p.m. (EWT)
of $737,000 this year,
considered and the rate of inter¬ on Feb. 24, by William F. Byrne,
New Jersey (State of)
est named, by a bidder must be
City Treasurer", for the purchase
Teachers' Pension Fund Offers the same for all the bonds. Prin¬
of the following coupon or regis-'
to Sell Bonds — The Teachers'
cipal and interest payable at the tered General of. 1943 bonds" ag¬
-Pension and
Annuity Fund at State Bank of Albany, Albany.
gregating $83,000:
-t.;,
Trenton is offering for sale sev¬ The bonds will be delivered on
$75,000 public improvement, Work
eral blocks of bonds held in its March
4, or as soqn thereafter as
Relief Projects, .bonds.
Due
portfolio.
The bonds now being they can be prepared for deliv¬
Feb. I, as follows: $13,000 in
offered were originally included
ery at the First National Bank,
1944 to 1947, $10,000 in 1948
in the offering of $2,157,000 longBoston, or at the New York Trust
and 1949 and $3,000 in 1950,
term bonds on Dec. 1, 1942.
The
Co., New York. The bonds are
authorized by Chapter 782 of
new offering
consists of: Glen unlimited tax obligations of the
the Laws of 1933, as amended.
Ridge Borough (Block No. 7 of county and the approving legal
8,000 home relief, Series I bonds.
the Dec. 1 offering) at a price to
opinion of Sullivan, Donovan &
Authorized
by • the
Social
yield a 2.05% basis; $33,000 Glen Heenehan of New York City will
Welfare Law; Due $2,000 on
Rock Borough (Block No. 8 of the
be furnished the successful bid¬
Feb. 1 in 1944 to 1947 incl.
Dec.,. 1 offering) at a price to der. A certified check for $25,Denom. $1,000.- Interest rate is
yield a 2.00% basis, and $242,000 380, payable to order of the
not to exceed 5%, payable F-A.
Union County 2.70s and 2.80S due
county, is required.
1962 to 1965 at a price to yield a
Rate is to be .in multiples of lk
1.90% basis (a part of'Block No. Erie County (P, O. Buffalo);N.Y. or l/10th of' 1 %. Principal • and
16 of the Dec; 1
offering).
Bond Sale—The $600,000 home
Unlike previous offerings by the relief bonds offered for sale on
Teachers' Pension and Annuity Feb.
11—v.
157, p. 515—were
Fund, no date is set for receipt awarded to the Chase National
of proposals/The board of trus¬ Bank
of
New
York, and the
tees is simply offering to confirm Manufacturers and Traders Trust
sale to the first buyer who agrees
Co.
of
interest
payable in lawful money
at the City Treasurer's office. In
the event that prior to the deliv¬
ery of the bonds the income re¬
ceived by private holders from
bonds of the same type and char¬
acter « shall
be
taxable by
the
Buffalo, jointly, as 0.90s,
to -pay the' prices fixed by the
paying a price of 100.079, a basis terms of any Federal income tax
board. The offerings are firm un¬ of about 0.86%. Dated March 1, law, the successful bidder may at
less
or
until
recalled
by the 1943. Due $200,000 on March 1 in his election, be relieved of his ob¬
board.
1944 to 1946.
ligation under the contract to
Bonds Sold —The Secretary of
Other bids were listed as fol¬ purchase the bonds and in such
the Fund, John A. Wood, 3d, re¬ lows:
;
t'XX case the deposit accompanying his
For .90% Bonds
ports that the Board of Trustees
hid will be returned.
The bonds
sold on Feb. 10, the Union County
will be valid and legally binding
Halsey, Stuart & Co.——100.057
bonds to the amount of $242,000,
obligations of the city, and the
Harris Trust & Savings Bk.,
to Bacon, Stevenson & Co., Gold¬
Chicago
—U00.025 city will have power and will be
man, Sachs & Co., both of New
obligated to levy ad valorem-taxes
Chemical Bank & Trust Co.,
York, and Blair & Co., Inc.,
New York
—100.019 upon all the taxable real property
jointly, at a price to yield a basis
within the city "for the paymentof
For 1% Bonds
of 1.90%.
■ the bonds and interest thereon
—
—
:
'
National City Bank, /
/ ■■■•' ;
New York ——l——100.15-
West
Orange, N. J.
■
; Tax Rate Up — Towrt Commis¬
sion passed on "first reading the First Boston Corp.——-.100.134
Mercantile-Commerce Bank
<
1943 budget ordinance which in¬
& >Tr: Co., St. Louis—100.11
dicated a tax rate of $4.25, 47
A, G. Becker & Co., and:
•
points higher than last year. No
Gruntal & Co., jointly..100.076
residents attended the meeting,
-
,
Which
was
held Feb. 9. There will
Salomon Bros. & Hutzler_.100;07
Financial Progress Reported-—
public hearing March 1. The
budget total is $2,388,621.14.
It The excellent progress made by
was $2,317,338.40 last year:
The the County Board of Supervisors
amount to be raised by taxation, during the period from 1939 to
$1,971,929, is $215,265 above 1942. 1943, is set forth in a recent am
Ratable total $46,419,895.
A year alysis of Erie County's fiscal pro¬
ago the total was $46,490,228. The gram since the county assumed
levy increase was due to a $127,- the burden of county-wide relief
235 decrease in anticipated rev¬ in 1939.
'
be
a
enue; increased local district school
tax of $81,576,* voted by citizens
recently;
$17,073
a
increase
in
state and county taxes and a net
increase of $16,610 in taxation for
local purposes. From these items,
which total $242,494, was deducted
decrease
:a
serve
of
$27,229 in the
re¬
for uncollected taxes.
NEW YORK
Albany County (P. O. Albany),
N.
,
interest coupon
registered bonds, as .follows:
or
$633,000
refunding bonds, series
Dated Dec. 1, 1942.
Due Dec. 1/as follows: $32,000 in 1943 to 1955, and $31,of
y*
'
'
1943.
000 in 1956_ to
1962.. Interest
payable J-D. Issued to refund
bonds maturing in the fiscal
yean 1942-1943; authorized by
the General Municipal Law.
136,000 home relief bonds, series
of 1942. Dated Feb. 1, 1943.
Due Feb. 1, as follows: $11,000 in 1944, $10,000 in 1945
and 1946, and $15,000 in 1947
.
'
to
1953.
to
pay
limitation
of
rate
-
or.
amount. The
opinion of * Hawkins,
Longfellow, - of New
York, to this effect ^will -be .fur¬
Delafield
nished
a
the
successful! bidder.
certified check~for $1*-
660, payable to the city.;
Council recently
mon
issuance
the
defray
WPA
Interest F-A. Issued
the
;
•
-
first
bidder
on
New
.
the bonds.
York, N. Y.
Sinking .Fund
,
;
,
Purchases—City!
Comptroller
Joseph D. McGoldpurchased on Feb; 9 for ac-;
count
of various pension funds
$3,905,000
of
New
York
City
bonds, of which $1,879,000 transit
3s of 1980 were acquired at prices
up
to 103.50; $1,720,000 higher
cOupohs in the long-term category
obtained at" yields of 2.95%
to,
2.98%, and $306,000 bonds of in¬
termediate. maturity
were
pur¬
chased at yields of 2.85% or bet¬
ter
As in' past instances,
the
Comptroller
requested
tenders
from various houses, and the 27
rick
-
submitted
tenders
involved
an
aggregate of $10,600,000 bonds. ;
—Under
the
provisions of a bill
on'
tion,
from
consist, of not more
than
appointed
by" Mayor, to furnish public util¬
ity service to public and private
consumers, to acquire and operate
plant
or
facilities and collect
charges sufficient to pay interest
and principal on debts and ex¬
penses
including retirement"' Re¬
serve,
limits outstanding bonds
therefor to $50,000,000 and pro¬
vides that question whether; au-:
thority shall be created shalf bej
submitted to voters, of city, at gen¬
eral election in 1945k
/
V;
to
be
r
v
;NeW York
of
1%.
ex¬
or
Principal and
payable at the.
(F^A .26)
interest
Bank of The Manhattan Co., New
York
City^
registered
terest.
as
no
000,000
bonds,. and
.
'
•
•
condition their
the award to them of
part of the entire $12,may
bids upon
all but
The bonds may be
'to principal* and 'ih-
•
■
Bidders
the
on
the- highest
basis
none" will be the
of
one
"all
or
Whose bid
figures the lowest interest, cost, to
amount
members
than'4%,
multiple of ,1/4
more
a
one-tenth
one, rate of in¬
name
pressed" in
and "referred
to
.
of not
the
seven
,
Bidder to
terest
introduced in the Senate by Louis
ated
maturity,
bonds called for redemp¬
and after the date
fixed for the redemption thereof.
crue
B.
.Heller, Democrat of Brooklyn,
to New York City
Committee, the New York City
Power Authority/would be cre¬
their
of
les than 30 nor more
than 40 days' notice thereof pub¬
lished in at least two daily news¬
papers printed in the City of New
York and one ift the City of Al¬
bany.
Interest shall cease to ac¬
bidder
City Power Authority Proposed
;
order
not
upon
State
No
bid
.
after
deducting the
bid, if any/
of premium
separate.
*
will .be accepted for
maturities.
Therefore,
bidders will.be required to state
clearly
in
amount
and
their proposals the
price' for each $100
bid for, which will be deemed' to
include an equal face amount of
bonds
of
upon
the
each
maturity based
specified
multiples
above.
,1
No bid will be accepted for less
than the par value of the bonds,
unless accompanied by a de¬
posit of money or by a certified
check or bank draft upon a sol¬
or
vent
bank-
or
trust
company
of
the. city of Albany or New York,
payable
to, the
prder of; the
,
"Comptroller ,of the State of New
York,',' for at least .two per cent
(State of) «'<■,
Offers Bond Issue Containing of the par value of the bonds bid
Optional Feature—The first issue for. No interest wil be allowed
of callable bonds to. be marketed upOn" the good faith check.
All
The Com¬
authorized
.
,
during 1942, also bids on the issue will be received bonds" and enclosed in a sealed
approving the issuance of'.$75,000 by Mr. Moore until 1 p.m. on Feb.
envelope directed to the "Comp¬
in certificates of indebtedness ,to
25.
In connection with this inno¬ troller of the State of New
York,
coyer the city's share for 1943.
vation
in
State
financing,; the Albany, N. Y."
v.,;-. IX.--.X
The issuance of $8,000, in bonds
Interim Certificates will be is¬
Comptroller pointed out that' had
for home relief work in the city
such a policy been initiated in the sued pending the delivery of de¬
According to data prepared for this year was also approved, ac¬
past it would have been possible finitive bonds, and these interim
the
Board
of
Supervisors
by cording to report.
; V.
;
for the State to refinance its out¬ Certificates will be ready for de¬
County Comptroller Richard S*
Mamaroneck (P. O". Mamaroneck), standing indebtedness at greatly livery on or about Feb, 26, 1943/
Persons, in 1938 Erie County had
reduced interest rates, resulting
The unqualified
;
approving
a
v-,
./U/'v
budget -of $14,710,646.65.
In
in savings of millions of dollars legal
opinion of Nathaniel L.
Bond Sale—The $9,000 general
1939, the first year that city re¬
in'jnterest charges. Presently but- Goldstein, Attorney General of
lief
was
reflected, the budget bonds, series 1 of 1.943, offered for
Standing; it was; noted;, are $228,- the State, as to the legality of
jumped nearly $13,000*000 to $27,- sale on Feb. 10**v.!157, p. 515*500,006 of 50-year term bonds is¬ these bonds and the regularity
were
awarded
to
the
County
512,236.84.
sued from 1903 to 1916 and bear¬ of their issue, will be furnished
In the four-year period, 1939- Trust Co.
of White
Plains, as
ing interest rates ranging from to the successful bidder upon de*
1943, however, the Board of Su¬ 1 y4s, paying a price of i00.03, a
3% to 41/2%.
In addition, $402,- livery of the bonds to him.
Dated
pervisors has achieved the fol¬ basis of about 1.235%.
The successful bidder or bid¬
838,000 in serial bonds issued
March 1, 1943.
lowing results:
■
Due on Sept. 1
prior to Jan. 1, 1943, at interest ders will be required to pay for
/■,:
X X The gross county budget has in 1943 to 1946 incl.,.
rates up to 5%, are still ,outstand«f the bonds; on the acceptance of
reduced $10,001,924.68.
Nassau County (P. O, Mineola), ing;
None of .these bonds is call¬ the proposal, by deposit- in the
2. The net tax levy has been cut
able.
Bank of the Manhattan
yX
Company
$1,182,449.33.
The current offering of grade in the City of New York.
Bond Offering—Sealed bids will
3. The estimated gross funded
T
received
until
12.30
To Continue Mortgage Mora¬
p.m, crossing bonds differs from pre¬
debt as of Dec. 31, 1943, com¬ be
(EWT) on Feb. 25, by Harry L. vious loans for that purpose, in torium—A Democratic suggestion
pared with that of Dec. 31, 1939,
of
shows a reduction of "more than Hedger, County Treasurer/for the that the "maturity" of' the bonds is for.' amendment-,
Governor
to
purchase of the following coupon 20 years rather -than 40 years as Dewey's' bill
continue
the
$10,000,000.
on
4. The provision for home re¬ or registered bonds' aggregating was the previous custom. The 40* moratorium
mortgage fore¬
year period on such loans was re¬ closures has been accepted
lief borrowing in the 1939 budget $750,000:
x/:///
by the
was
$7,075,514.12.
No provision $100,000 country road, Series EE quired by the State Finance Law, Republican legislative majority.
Amendment to the law permitting The
for borrowing was included in the
amendment, which provides
bonds. Due $10,000 On March
the sale of such bonds for a short¬ that a mortgagor late with a
1943 budget.
15 in 1944 to 1953 incl.
quar¬
er period, and at a resultant sav7
5. Current obligations have de¬
terly interest payment could not
300,000 public works, Series G
ing of millions of dollars in in¬ be immediately foreclosed, was
creased more than $1,500,000.
bonds. Due on March 15: $70,terest ' charges, was •• drafted, by suggested by Senator
It is significant to note that
Lazarus Jo¬
000 in 1944 to 1946, and $90,Comptroller Moore. The bill' was seph, Manhattan Democrat.
these parallel reductions in ihe
It
000 in 1947.
was submitted
passed by the State Legislature
budget appropriations, in indebt¬
by Republican Ma¬
Feb.
350,000 improvement, Series B on
15,
and
immediately jority Leader Joe R. Hanley to
edness and in borrowing, have
bonds. Due on Sept. 15:* $25,- signed. by Governor Thomas H. the
been effected without an increase
Senate, with the declaration
000 in 1943 and 1944, $30,000 Dewey.
in the tax rate; the county tax
that he was "very grateful" for
in 1945 and 1946, and.$20,000
rate
(for the City of Buffalo)
;
Details of $12,000,000 Offering Joseph's proposal. The bill would
program
-
,
'
.
•
.
k
.
portion of the cost
in 1947 to 1958.
relief, authorized by having dropped from 9.61 in 1939
the Social Wei ware Law.
Denom. $1,000. Dated March 15,
to 8.86 in 1943, a rate only 80
500,000 tax revenue bonds of "cents higher than in the year 1938 1943. Interest rate is not to ex¬
1942. Dated Feb. 1, 1943. Due before
ceed 4%, payable M-S.
Rate or
assumption of relief.
$125,000 Feb. 1, 1944 to 1947.
rates are to be expressed in mul¬
Greenburgh, N. Y,
Interest F-A. Issued to pay
tiples of 1/4 or 1/lOth of 1%, and
Bond Sale—The $110,000 semi- different rates
tax
anticipation notes, au¬
may be named on
thorized by the County Law. ann.
Principal
refunding of 1943 bonds of¬ the respective issues.
and interest payable at the County
Bonds will be issued in denoms. fered for sale on
Feb. 16—v. 157,
Treasurer's office.
of $1,000 each. Bids are to be for
p. 595—were awarded jointly to
all or none. Rate of interest to be
The purchaser will be furnished
in a multiple of one-tenth of 1%. the Marine Trust'Co., of Buffalo, with the
opinion of Reed, Hoyt &
a
of home
The
;
inverse
by the State has been announced bids will include accrued interest
by' State' Comptroller Frank C. to the, date Of delivery,
,;,,.
Moore, and consists of an offer¬
Ally proposals, together with
-of $75,000 bonds to
ing of $12,000,00 railroad grade the security deposits, must be
city!s share of the crossing elimination borids. Sealed sealed and. endorsed
"Proposal for
Bonds Authorized
•
impressed
&
to
Enclose
York, which will certify as to the
genuineness. of the; signatures of
the county officials and-'the seal
-
Y.
i; - Bond Offering^John M. Smith,
; County
Treasurer, will sell at
public auction at 11 a.m". (EWT)
on, Feb. 23, a total of $1,269,000
not to exceed 6%
without
Monday*. February 22, 1943
will
name
rate of interest and the
the
price bid.
Bidding will proceed for bonds
bearing such rate, until a bidder
names a lower rate, when
bidding
will continue for bonds bearing
—The
$12,000,000 grade crossing
elimination
bonds
scheduled
to
extend
other
the
moratorium
for
an¬
to persons who keep
annual payments, on prin¬
Feb. 26, 1943 and mature $600,000 cipal, plus interest,
It is spon¬
by
Senator
annually on Feb. 26 from 1944 to sored
Rodney
EL
1963 incl.
They will be issued in James, Rochester Republican.
be sold
on
year
Feb, 25 will be dated up 1%
form in denominations of Port of
New York Authority, N. Y.
$1,000 and in registered form in
Tax-Exempt Hearing In April
denominations of $1,000, $5,000,
coupon
—The
United
States Tax Court
$10,000 and $50,000 at the option
has set April 19 as the date for
of the holder. The Comptroller re¬
serves to the State the privilege hearing of the test case involving
and R. D. White & Co. of New Washburn of New York City that of redeeming, at par value and the right of the Government to
accrued interest, on Feb. 26, 1953, subject to Federal income tax the
York, as 2V2S, at a price of 100.779, the bonds are valid and binding
revenue
derived
from
invest¬
obligations of the county.
The or on any interest payment date
a basis of about 2.435%.
Dated
ments in obligations of the Port
bonds will be prepared under the thereafter, all of such bonds then
of .New York
March 1, 1943.
Due $10,000 on supervision of the Nassau County. outstanding, or all of the bonds of
Authority and the
a single maturity beginning in the Triborough Bridge Authority. The
Trust Company of Mineola, New
March 1 in 1953 to 1963 incl.
Volume
157:
-
THE' COMMERCIAL & FINANCIAL
Number 4153
outcome of these
cases
will have
a
question
of the tax-exempt status of State
and
municipal bonds generally,
as
the' Treasury has announced
that in these suits they intend to
test
the constitutionality1 of the
profound
effect
the
on
right of the Federal Government
all municipals.
to tax
Warren
!
County (P. O. Glens
Falls), N. Y.
Bond Of fering—Sealed
of
be received until
11
a.m.
question of the true assets of the
utility
being examined
city officials.
C. Patter¬
County Treasurer, for the
purchase of a $50,000 issue of cou¬
pon or registered airport bonds.
Interest rate is not to exceed 5%,
several hundred
thousand
Interest payable deemed
the
factor
one
first
be
considered.
deduction
bid
no
for
Payable
taxes)
deal,
now
without
or
hereafter levied
thereon
assessed
ent
or
tax
any
under
any
or
Proposed
pres¬
Charter
Act, which
permit the city to refund
through the issuance of serial
bonds about $6,000,000 in notes, is
Providence
future law of the Common¬
or
would
the
is
,
said
furnishedthe
der.
/
successful
bid-
Frazeysburg, Ohio
7'7:
.<
N. \Y.
Bond
ann.
to
dakota
Bond
—
.
Jamestown, N. Dak.
Sale—The
home
county
offered
called for March
1
$125,000 series
Feb.
bonds
on
character
building
17—v.'
157,
of
class
a
suance
of $35,000
is¬
Breed
jointly,
as
a
Dated
Sept.
Cleveland, Ohio
Electric
Discussed
Purchase
Harrison
101.879,
airport bonds.
ohio
v'.-'/v
&
l%_s,
basis
March
of
at
of
Cincinnati;
entitle
a: price
of
Electric Illuminat¬
the Cleveland
Co.
ing
this
at
—
Mayor
time,
Lausche informed members of the
Feb.
that
11
Committee
Utilities
Council's
did
he
not
on
want
to
preclude the city from "stepping
in if and when it appears the city
IV2S
high
was
to
*
of
bid
1965
on
jointly.
incl.
for
101.19
.'P/'"'
,.\/.Y*;v
be
8,
received until
.
by
noon
on
the
of
with
the
the true value of
to
there
was
bonded debt of $50,-
a
000,000, that the market value of
the common shares was now $76,000,000, and that the market value
of the preferred stock was about
$28,000,000.
X
of
In
any
the
-
A
'
'
.
he said, purchase
would be a "tre¬
case,
utility
transaction." If the city
mendous
took
over
the
property,
he
de¬
clared, it would have to serve va¬
rious
other ' communities
and
would have
therefore
lem
of
nances
the
prob¬
rate ordi¬
with these municipalities.
working
out
1
Noting that one of the foremost
arguments of those favoring mu¬
nicipal ownership is the saving of
in taxes, the Mayor
might result in other
municipalities
asking Cleveland
for some compensation in return
$9,000,000
said
this
for their tax losses.
Columbus, Ohio
of Utility Project Com¬
pleted—"Properties of the Colum.
Study
purchaser
the
*
to
amount
bid.:
These
.
the
referendum.
However, to clear
possible inconsistency, the
Mayor and City Solicitor William
E. McCabe sought an amendment
giving* the
city
unquestionable
right to refund the entire $6,000,000 in floating debt.
the
the
to
have
Borough Treasurer.
,
1958.
Bidders
not less than par
terest.
These
thorized
at
and accrued in¬
are
the
the
.
bonds, au-i
general
election
Nov. 3, 1942. Principal and in¬
terest payable at .the Cleveland
on
Trust
Would
Reduce
Local
Per¬
four
mills
to
two
Enclose
-
a
/certified
check for 1% of the bonds bid
2
»
A.
*.t:
ct \
i
I
last
October,
v'
J-D.
south
have
Wanted—F.
/
voted recently, to refinance
3V2% rate.*
1'
of
bonds
at
a
Grosz,
City * Auditor, will receive sealed
tenders until March 1 for the pur¬
for;
par,
and
the city will exercise its
the
redeem
to
interest.
bonds
,'/
.
•
....
at
op¬
par
Shenango Twp. Sch. Dist.
A (P. O. Westford), Pa.
/Bond Offering—Sealed bids will
-
,
town
town,
j
Secretary, at the James¬
School
for
Feb.
Building in James¬
the purchase of $7,school bonds.
Inter¬
&
Dayton, Tenn.
Refinancing Authorized—
Bond
;;■'///'•'. :7;
.
From
Feb.
1, 1943. Due Aug. 1, 1943
Legal opinion rof
Reed, Hoyt & Washburn, of
to
1979,
Debt . Limit—A
.
Durden
sentative
and
of
York.
•
.
:
2,800,000 Louisville, Ky,
Dated
Feb. 1, 1943. Due Aug. 1, 1943
to
1985.
Legal opinion pf
Chapman & Cutler, of Chi¬
cago..
■;
;
89,000 Orlando, Fla.
Dated Feb.
1, 1943.
Due Aug. 1, 1943 to
1957.
Legal opinion of Reed,
Hoyt & Washburn, : of New
// York.
/'//
These
"A"
Series
bonds
in
are
serial form and represent portions
of total authorized issues, the bal¬
ance
of which will be issued as
Series "B" bonds and will be sold
initially /to i the Federal
Housing Authority.
Public
;
washington
^
Bremerton, Wash.
'
A".'
:
Bond Offering—Sealed bids will
Financing
Note-
Local
Exempt
&. Hoffman,
York.
850,000 Jersey City, N. J. Dated
i //'/'-, '
,
of
Hoffman,
?'*.•'
Detroit, Mich.
Dated '
1, 1943. Due Aug. 1, 1943
Legal, opinion of
1985.
to
;V// /,/
tennessee
be'
resolution
March
introduced in the House by Repre¬
1
South
District
3,275,000
opinion
Legal
Wood
'
G.
' Portage,' Pa.
7
Refinancing: .Approved— /•,>.*»A*.Tennessee<* (State1 of)*
Proposed
Amendment
Would
Borough Council is said to
issue
1985.
New
Tenders
"
$18,000
an
Niles,
Barton,
Morrow
&
Yost, of Baltimore.
7,800,000 Boston/ Mass.
Dated
:
Feb. 1, 1943. Due Aug. 1, 1943
dakota
Bowdle, S. Dak.
Bond
The
6,000,000 Baltimore; Md.
Dated
Feb. 1, 1943. Due Aug; 1, 1943
to
1985.
Legal opinion of
as
were
Au-
Alley ' Dwelling
// York.
Interest payable
'-/A/
AAA
4s.
as
Columbia,
as
Dougherty
received
until
11
a.m.
on
17, by the City Clerk, for
the purchase of $62,000 improve¬
ment bonds.
■/"■
•
"
1
others, /labeled
H. Res. 68274a, proposes an amendment to
Article 7, Section 7, Paragraph 1,
of the Constitution to
anticipation
revenue
against the political
debts
Canada
obligations
shall not be deemed debts of or to
create
CANADA
provide that
(Dominion of)
Treasury Bills Sold—A $55,000,000 issue of Treasury Bills was
sold on Feb. 11, at am average;
12,
Bond Issue Validation Measure yield of 0.508%. Dated Feb.
3%, pay¬
1943. Due on May 14, 1943.
—Another
measure
before
the
Upper Arlington City Sch. Dist.
able M-S. y Dated March 1, 1943.
Legislature Validates any issues of
(P.O. Columbus), Ohio
Denom. $500, one for $200.
f
'
ontario
Due
;
'refunding bonds by any county of
Bond Offering—Sealed bids will March
1, as follows: $1,000 in 1945
York Township, Ont.
the State.
be received until March 1 at noon to
//"/:
1951, and $700 in 1952.
The
Bonds Publicly Offered — A
Bond
Authorization: Sought—
(to be opened at 7.30 p.m.), by bonds may be registered as to
J. S. Collins, District Clerk-Treas¬
principal. No bid at less than par The Governor received from the syndicate composed of Fairclough
a
bill which & Co.,-J. L Graham .& Co., and
urer, for the purchase of $34,500 value and accrued interest will be General Assembly
building bonds.
Interest rate is accepted. The highest responsible would authorize the issuance of Burns Bros. & Denton, all of Can¬
not to exceed 3%, payable M-N. bidder shall be the one
tuberculosis' hospital ada, purchased recently an issue
who, hav¬ $1,500,000
Denoms. $1,000 and $500.
Dated ing complied with the conditions bonds. The funds derived from the of $2,000,000 3% and 3V2% de¬
March 1, 1943.
These bonds were of sale, offers to take the, whole sale of the bonds would be used bentures, of which the 1949 to
approved by the voters at an elec¬ amount of the bonds offered at to expand the State's present sys¬ 1953 maturities were re-offered
tion held on Nov. 4, 1941.
Le¬ the least interest cost to the Dis¬ tem of institutions. The new issue for public investment at a price
and
gality approved by Squire, San¬ trict, which. shall be determined would supplement a $1,000,000 is¬ of 98.28
interest, yielding
sue authorized by previous legis¬
ders & Dempsey of'Cleveland.
3.75%,- The 1944 To 1948 bonds
by
deducting
from
the
total
payable to
tion..
the Board
.
•
V-
.'.
of
Educa¬
,y// i.
700
■
■
coupon
subdivision issuing same.
est rate is not to exceed
,
'
.
'
of
Co.
here
bonds,
1
I
'
,
Washington,
D.
C.
Dated March 1, 1943,
Due
Sept. 1, 1943 to 1985.
Legal
opinion of Caldwell, Marshall,
Trimble & Mitchell, of New
the
(The State four-mill tax is The Legislature is said to have
entirely by the passed an/enabling act on the
Martin Administration.)
refinancing
of. $164,000
,/p >
; city's
'."
■
thority,
;
$25,000 water
sewerage system ex¬
&
lative action.
Governor
ernor
is
-f
f
*
.;!
i
0 T
1 " rs.T 11 -r.i:
had
Approves—The Gov¬
said
to
have
given his
approval to the above measurei
texas
previously been placed.
entire
issue
is
dated
1;,
1943, and consisted of $967,000 3s,
due
on
incl.,
March 1 from 1944 to 1948
and $1,033,000 3V2s, matur¬
ing on March 1 from 1949 to 1953
The bonds are callable at
Drainage District incl.
par and interest in reverse order
No. 6 (P. O. Beaumont), .Texas
Bonds Defeatedr-At the elec-ito maturity.
Prin. and int. (M-S)
on
Feb. 13 the voters payable at Toronto.
..
in
pf,
The
March
Jefferson County
municipal officials," it was re¬ chase of $162,000 3.1/2, 3%, 4, 4V4 offer to take an identical return,
ported Feb. 9. by. the. Columbus or 41/2.% coupon judgment find¬ the^ one proposing to take the
"Evening Dispatch," which added: ing bonds. - Denom, $1,000. Dated lowest rate'of interest shall be tion held
A
$4,100,000
of New York.
be abolished
to
Bank,
: '•/
$24,914,000 series A bonds,
Thomson,
mills;
Co., Cleveland; The approv¬
be received until 8 p.m. (EWT),
ing opinion of Squire, Sanders &
on
Feb. 23, by Eihel McArthur,
Dempsey, of Cleveland, will be
furnished.,'-
of
of New
the .Legislature to reduce the per¬
sonal
property
tax
levied
by
from
.
follows:
carolina
that
and
sonalty Levy—A bill is pending in
counties
■
Thomson, Wood
tion
Pennsylvania (State of)
Bill
■
United States
Hampton, S. C.
states
purchased
are
issuance
National
■
$24,914,000 Local Housing Bonds
to
south
noted
deposited
subject .to the/favorable
opinion of Townsend, Elliott &
authorizing
/
.
Crawford
re¬
bonds
'
tension bonds sold at par to G. H.
contract of sale and
amount of interest to be paid on
pennsylvania
account of such bonds during the
including the street railway sys¬
tem and the power plant in the
life
thereof the amount of the
Duryea, Pa.
Bond Offering—Sealed bids will
Greater
Columbus
district, are
premium offered, if any, over and
valued at approximately $34,000,- be received until 8 p.m. (EWT), above the
face amount
of
the
000, according to a study of the on Feb. 23, by William F. Maziarz, bonds* offered for sale.
In the
utility's assets just completed by Borough Secretary, for the pur¬ event that two or more bidders
•
after
up any
works
issued
March able
may bid for a
judgment and we
what the proposal of different rate of interest in mul¬
tiples of V4 of 1%'. The bonds will
municipal ownership involves.'*-*
be sold to the highest bidder at
; He added that there was , still a
as
Act
that
Interest Rate—The Town Clerk
James
must survey
question
Charter
provision
a
been approved by the Department chase at less than par and accrued
Independence Village Sch. Dist. of Internal Affairs. Enclose a cer¬ interest of $3,000 4% refunding
(P. O. Independence), Ohio
tified check
for 2%
of the par bonds, dated Sept. 1, 1940.
If no
Bond Offering—Sealed bids will value of the bonds bid
for, pay¬ tenders are received at less than
and
the utility. He said he understood
a
made
B/ Smith, District
Clerk-Treasurer, for the purchase
ought to."
\ ■■ / "
$25,000 6% coupon building
The Mayor pointed out that the of
C.E.I, properties and services ex¬ bonds. Denom, $500. Dated Pec. 1,
tend from Ashtabula to Lorain 1942. Interest payable A-O. Due
and that only part of the system Oct. 1, as follows: *$1,500 in 1944,
$2,000 in 1945,* $1,500 in 1946 to
was in Cleveland.
*
"
;
"We
can't
impulsively begin 1948,* $2,000 in 1949, $1,500 in 1950
formulating opinions,"' he p said. to 1952, $2,000 in 1953, $1,500 in
"This * is a matter that requires 1954 to 1956, and $2,000 in 1957
considerable
immediately.
right to refund relief borrowings
without the/necessity of calling
now
by the Northern Munson; of Philadelphia, and will
be
delivered
to
the
Although saying that he does not Trust Co. of
purchaser
Chicago and Assel,
favor the purchase by the city of
Kreimer & Fuller of Cincinnati, only if and after the proceedings
;
Providence
>
,
the
turn
1.32%.
about
1, 1943 and due
1- from -1944
Second]
of
terms
American
united states
or
p.
in order
to have the voters pass on the
the
at
approval.
$2,000,000 of the relief
contained
.
been
refund
.
interest
on
Austin.
reported to represent approxi¬
The
which includes these
bonds
516— bonds, will, at the election of the
Bond Election—The City Audi¬
purchaser, relieve the purchaser
were awarded to the Harris Trust
tor reports that an election has
from
his
obligation
under
the
&
Savings Bank, Chicago, and
B
'
-
1975; bonds maturing from
1, 1959 to 1975, being op¬
March 1, 1958.
Prin¬
cipal and interest (M-S) payable
tional
floating debt
notes in serial bonds
fire
.
north
1944 to
termined
Sale
Public—The
March
Gov¬
to
his
for
amount Of
said
to
Ranson-Davidson Co. of San An¬
—
,
!
McGrath
sent
Offered
Announce¬
mately $3,000,000 borrowed for Offered For Sale
relief, 1 and
the
remainder
in ment is made of the intention of
seven local
school, highway and miscellane¬
housing authorities to
ous borrowings.
It was said that receive sealed bids on March 2
for the purchase of an aggregate
Mayor Dennis J. Roberts planned
The $8,000 semitotal amount of interest to be paid
department building and
on
account of such bonds during
; "Bond
Sale—The $13,000 semi- equipment bonds offered for sale
the life thereof, the amount of
ann.
judgment1 funding bonds of¬ on Feb. 13—v. 157, p. 435-^-were
premium offered,'if any/over and
fered for sale on Feb. 9—v. 157; awarded to the Ohio Co. of Co¬
above the face amount of the is¬
p; 515—were, awarded to Horn- lumbus, as 2s, paying a price of
sue.. The enactment at any time
blower & Weeks of New Yorkpas 100.475, a basis of about-1.92%.
prior tp the delivery.oLthe bonds,,
1.60s, paying a premium of $6.50, Dated Jan: 1, 1943. Due on Jan. 1
of Federal
legislation which in
equal to 100.05, a basis of about in 1945 to 1954 incl/
;> ■> //?■
terms, by/the repeal or omission
1.58%. Dated Feb. 15, 1943. Due
of exemptions or otherwise, sub¬
:
Hamilton County (P. O. A i/;
on Aug. 15 in 1944 to 1947 incl;
jects to a Federal income tax the
Cincinnati), Ohio y i
::
West Haverstraw,
J
been
Mexia, Texas
Bonds
May 1,. 1942, the city could refund
Borough, which shall be de¬ only bonded debt, but a subse¬
by deducting from the quent act appeared to give it the
the
1
is
have
to
ernor
The
.
be
*A bill amending the
—
proposal to issue
March 1, 1943. Due on March 1 in
Providence, R. I.
Serial Refunding Bond Issuance
'going concern' value wealth, all of which" taxes the
of the utility plant and transpor¬
Borough assumes and agrees to
tation system; A conservative es¬
pay.
Registerable as" to principal
timate of assets of the company,
only.
These obligations will be
payable
M-S.
Denom.
$1,000. after all bookkeeping of a tan¬ payable from ad. valorem taxes
Dated March 1, 1943. Due $5,000 gible
nature has
been probed, within
the •
taxing
limitations
from March 1,. 1944 to 1953, incl. would be approximately $34,000,placed by law upon Boroughs.
Rate of interest to be in a mul¬ 000 in the opinion of municipal The bonds will be sold to
the
tiple of 14 or one-tenth of 1%, engineers who have had expe¬ highest responsible bidder, pro¬
and must be the same for all of rience in fixing such valuations. vided
such bid is not less than par
the bonds. Principal and interest Experience in fixing assets of the and accrued interest.
The high¬
payable in lawful money at the municipal light plant has aided est responsible bidder shall be the
First National Bank, Glens Falls, these experts in determining the one
who, having complied with
with New York exchange. Legal true financial picture of the Co¬
the conditions of sale, offers to
lumbus & Southern Ohio Electric
opinion of Vandewater, Sykes &
take the whole amount of the is¬
Galloway of New York City will Co., it was cited."
/'■• / ' ;,
V sue at the lowest interest cost to
son,
island
rhode
turned down the
$2,300,000 drainage bonds, accord¬
ing to Attorney J. B. Morris.
tonio, is offering for general in¬
vestment 314 and 3 V2 % refunding
bonds aggregating $575,000. Dated
ders, to them jointly,
taxes
(except succession or inheritance
determined
be
to
March 1, as follows:
on
above rates of interest but
dollars
the agent negotiating the
to
Due
this combining two different rates will,
was
; "It was agreed that if taxpayers
Columbus are to pay a fee of
Feb. 24, by Romney
On
ready to grant a con¬ M-S.
council
of
bids will
(EWT),
1943.
685
the highest
responsible
bidder, and if two or more bid¬
tract next week to Guy C. Myers, $13,000 in 1944 and 1945, $14,000 ders,
having. offered to take ah
New York fiscal agent, authoriz¬ in 1946 to 1948, $15,000 in 1949 identical return,* also
propose the
ing him to negotiate the sale of and 1950; and $16,000 in 1951 and same rate of interest the bonds
the company to the city at a fee 1954.
Bids will be received for will be awarded and sold to either
of 1.18% of the" agreed price, the the
entire issue " at any
of the or, with the consent of the bid¬
\
week by.
,
majority March T,
"With the Democratic
CHRONICLE
u
t
of
%
1»11
t
i
■
.THE COMMERCIAL & FINANCIAL: CHRONICLE
686
Monday, February 22, 1943
General Corporation and Investment News
RAILROAD
ferred
corporation
announces
Nitijation Works.—V. 156, p. 1736.
stock
(24,298
ferred
that Jack Sandier has joined its staff
ps
Chief Plastics Engineer and will head the corporation's work of.
exploring the rapidly increasing use of plastics in airplane construc¬
tion and equipment.
Mr. Sandler's former activity m plastics engineer¬
ing was with the Northern Industrial Chemical Co. and the Nixon
The
•
stock
(88,000
$11,047; class B common stock
Earnings
*
1940
$298,510
$1.18
other
and
taxes
estimated
$330,739
$1.27
t After
charges,
$292,945
$1.10
of
reserve
a
restoration of inventory.
.
,•
Commenting on the shoe rationing order, Solomon Agoos, President,
said it will probably result in a less active demand for our product.
"In spite of this," he adds, "it is expected that unless further restric¬
tions are imposed we shall be able to operate profitably, although at
a
smaller margin J' '
During the six months ended Dec, 31, 1942, the company purchased
16,697 shares of Its own stock, most of which came from the estate
of'one of its former officers, Mr. Agoos said.
A
or
Assets—Cash,. $835,215;
U,
S.
—V.
the
life
of
value
surrender
insurance,
$364,030;
post-war
*
Liabilities—Accounts
$197,640;
payable,
stock
capital
of
accrued
The
directors
Sept,
Feb.
on
stock,
common
$1
10,
March
1942
were
and
eacn,
declared
17
payable
during
Payments
$319,541
Dec.
to
12,
of $1
holders
record
Arch
Years Ended Dec
Earnings
Reserve
before
for
Net
/■/■'
31—
taxes
Fed.
Miscellaneous
Co.—Earnings—
1
E.
1942
earnings
Dividends
1941
151,210
5,506
$291,874
Assets—1
-
302,268
of ' $3,100,000
•!
Cash
and
Interest
notes
and
dividends
dividend of 25
A
Investments
let
/
•
.
■
:
*
cost)
1,845,635
Co.'
stock)
Total
■
Accounts
$267,631
uncompleted contracts, etc..
644.626
176.987
113,500
113,500
Contingency reserve
Capital stock (150.000
no
pa,r' sharesi_
3.000.000
surplus :
Undivided
a
$285,715
into
of
the
>.
2.237,008
$7,641,776
'
"Claim
>
for
post-war
tax
refund,
$49,040,
The
the
Mar,
Hi
also
10
have
stock,
From
paid 10
pany
,-/
directors
common
declared
July
cents
cents per.
1,
payable
1941,
to and
share
per
dividend
a
$10,
par
each
share—was made
157, p.
and
Business
43C.
quarter.
on
income
capital stock
stock' tax—
security profits
cash
Net
value
deposit
on
or
with
Liabilities—Accrued
775
account
payable,
$2.53
exclusive, of
on
$183,384
$194,197
../■"
Assets, Dec. 31, 1.943 1
based
on
trustee,
and
shares
in
vv.
closing market quotations,
$119,644/interest. and divi¬
accounts
.
treasury)* outstanding Dec. 31,
$3,690,869; total, $3,720,699.—V. 157, p. 597,
Account
for
1942,
!
Calendar
%
,
,•'
.
'
Interest
1940
$297,521
$256,224
1,311
2,121
3,274
$293,242
sales
$299,642
$259,498
69,637
85,171
105,815
$223,605
$214,471
$153,683
_
Net income from divs. and int._.
Loss
from
sales
loss
of
Provision
Net
before
securities
for
income
Federal
139,138
363,727
"19,331
$84,467
taxes
income
$149,256
"$173,014
tax_.
loss
10,571
"$73,896
4,692
.:
$149,256
"$168,322
Dividends:
Prior
difficult
preferred
stock
stock
__
134,694
137,595
137,871
52.800
_
52,800
p.ooo
"Profit.
Balance
i
A«sets—Cash.
-securities,
$3,200;
$560,901;
$6,660,387;
total,
last
other
$7,468,954.
Sheet,
accounts
Dec.
21,
1942
—
J
receivable,
$24,466;
investment
investment, $220,000; prepaid expenses,
_
1
.
.
'.;
.
'.'1942 ;'
$16,938,869 '•
1943
.!
.for
are
year
25 business
business
;''
Included
be considered
may
demands
good
a
way
fhe mbilfty
of
in
calls
long-distance
tions
projects
plants
size,
-and
on
requiring
one
especially
armed
the
there
was
no
important. delay
country,
end
of
the
of
which
cooperation
completing
made
were
plants and
war
the
and
.
nation-wide
in
there
20.013,000
were
day-to-day
telephone
the
There
Among
of
are
the
now
these
past
Bell
;.
and
the
value
at
the
of
been
have
designed
System
engineers
the Office of Civilian Defense, and
installations
The
by Bell
have
System's
been
made.
-
manufacturing
company—the
Western
80'r
and
of
its
other
equipment
fori the
has
military
services, and
which
by
the
at. the
same
time
elements,
in
now
existed
from
war
possible
enemy
operation.
Sept.
President.
15.
Even
Such
1942.
before
pending
now
are
number
a
which
of
this
a
order
of
small
^Accord-;
the-Belt System
for
before-the
rate
State
adjustments
was
in
negligible./
a reduction in rates and charges for
services furnished by the Long Lines Department of
Telephone & Telegraph Co. was instituted by the Federal
and
the
Nov.
on
Commission
to
$51,000,000
$35,000,000
'
telephone
and
in
in
and
The
bility
the
.
.
to
in
add
to
a
will
will
An
agreement
on
Jan.
be
20,
between
and
1943,
annual
an
apt
the
to
reduction
of
of
stations,
made,
through
already
line
telephone*
message
were
in
about
private
broadcasting
rates
least
burden
a
saving
users
long-distance
message
those
were
to
radio
to
and
annual
an
service
and
of
users
basic
further
increased
mean
interstate
,
services,
rates
agreed
to
and
the
stimulation
overloaded
of
long¬
lines.
extraordinary
condition
only
of
volume
the
temporarily,
partment ot
Bell
on
reductions
No
loaded
,
which
telegraph
overtime
Rervice.
to
charges
1942.
reached
The agreement involved
Long Lines Department gross revenues;
Bell System telephone companies and other
Associated
telephone companies
was
20,
was
in
agreed
of
Long
in
long-distance
Lines
the company which
System
as
exclusive
a
whole.
Jurisdiction
The
of
plant
of
rate
a
business
had
and
the
over-
resulted, in all proba¬
the Long Lines De¬
earnings for
was
in
excess
of
the
Long Lines Department
average
rates
for
are
the
under
the
Federal Communications Commission.
which has jurisdiction over interstate rates only.
The Commission
insisted
that
the earnings from such
rates should be considered by
themselves,
when
regardless of over-all System earnings, and insisted thaty
considered! they produced a return greater than could be
so
justified.
this
The
position
reductions
of
the
were
agreed
Commission,
was
within
its
have
the
the
business
discretion;
rate
of
and
047,000
taxes,
taxes
Electric
in
1942,
Federal
Co.
of
and
the
the
compared
taxes
were
by
because
the
the
which
the
proceedings discontinue*
helping win the
Taxes—Total
Western
to
which
unsound under present conditions, but
to
Co.,
a
this
of
was
matters
were*
.
Electric
marking
ahead with
possibility
pending have been withdrawn.
were
rate
iew
rates
the
supplied communication equipment necessary, to-meet, the essential
service demands made u, >on the Bell System telephone companies. ... •
/
levels
issued
connecting
tele¬
increased its operations,
ft has converted more than
production tp the manufacture of -special .communication
the
circuits
the Bell System
There
of
Payments
.
than
Inc.—has greatly
feat,
go
the
investigation contemplating
reduction
the
irn cooperation with the
hundreds of such special
to
of
transeonti-,
the
order stabilizing prices, wages and salaries
living, such stabilization as far as practicable to
•
or
Signal Corps for service in the communications branch of'the-Army; '•
Air raid
warning services depend largely-on telephone communica¬
tions for their operation and effectiveness.
Systems for this purpose
50%,
construction
decided
and
traffic
general
was
American
distance
request
and
of
of
completion
was
from
transcontinental
cost of
-company
cleafly than under the'strenuous
.
.
-
volunteered
volume
exceed
groups
anticipation
Depart-
Long Lines
the number which would
current
the
'] the investigation was discontinued.
System employees"'in the. armed services.
4,000 men, including supervisors!'engineers
officials,''who
crude
added
were
long-distance plant,
with the continued
the
of
short of
was
in
ago
and
acute
more
circuit
protection
net .effect
the
'trie close
nation-wide
of
circuits
other
relatively
business
more,
toll
the
the
engineering
history.
It
years
Communications Commission
of
make-telephone' service truly
in
handle
applications which
An
the
similar
System,
and
communication
Bell
nearly
are
administrative
more
year.
39,500
companies-
before has the
phone service been demonstrated
the
between
long-distance
grown
projects
basis* of The
reductions
System. telephones,
nickel;
in
tin
the-Act of Congress of Oct., 2, 1942, amending the EinerControl Act of 1942, the President, was authorized and
order
in' the
24,850.(^00. telephones
and systems
Never
scope.
<
month
peak
80%
in
cooperating in price stabilization
by withholding applications/for increased telephone rates, even though
higher opera ting, costs would liauie justified increases in many cases*.
■f
activities.
war
were
Bell
of
basia for. privateiy-owned
and
about 25%
to
important
issue.a
to
the
on
1942,
urgent, -.There; was,no
were,
effective.
cable,
Commissions.
•
of tjie
were
the
steel;
90'/•
the
minimum.
very
/.,•/
toll
have
are
1942
from
Price
ingly,
„
full .time./for. .six .months
them."; Hundreds
rush
team-work
farmer lines
or
a
of' these
Several
.
with
and
iron
antimony;
substantial,
the
to
While the
1942,
It required the installation of the final long link of cable
the continent from Omaha, Neb., to Sacramento, Calif.
this entire distance was laid underground in order to
number of
Some
'.--i
Some had to be built in areas
All
of
any
on
other
for
year
independently-owned
6,300
$6,009,000.
telephone service.
in
installations
men
in
was
progressively
was
compared
in
and
shortages
great
became effective,
and-for:;Gbv'erhment, munitions
1,000
held
were
plant
long-distance
and
dollars,
for
••Rates—In
affecting
I Many- large ;.cemmunica-
basis.'!'
rush
a
the
maximum
•^directed
1942,
.
''■-<•>•_
across
and
gency
be
it in the future.'
upon
great.
forces
over
expenditure .of over
an
placed
may
was
for-the
undertaken,
were
record
which
' /-;•'■
hazards,, With the completion of the trans¬
telephone conversations are transmitted, for the
first time, from coast to coast in cable, greatly
increasing the dependability of service.
The cable; when fully equipped, will more than double
/
than
1942
of
reserves
/
'
./
Toll
in
Long-distance circuits
telephone
•
of a billion more -telephone conversations'., were han¬ l
in' any previous year.
The increase- in. the".number
Three-quarters
dled
the
some
three
cable
action
Co.—Annual Report
measure, oh
amortization
expenditures
materials
79',/
of
of
existed,
cable—a
continental
''r"
-l
the
these
lead
provided
in
over
provide
.
'
.
-T. ; * '•%
$5,296,658,000;
was
year
and
1941.
of
December, 1942.
miles
1942
in
.
The
:$373,965
I"
a
previously given
in aluminum.
then
be
half
,
his remarks to stockholders lor the-v^ar
in
the
of
in
40%
zinc,
traffic.
with Japan.
share
days ended on Jan. 30,
days ended Jan. 31.—
26
cover
year
of
in
milestone-in
Decrease
•
to'
and
of
which
were
obtained
by the installation of
which require comparatively small amounts of strategic
which
make
possible
many
telephone
conversations
over
a
single
pair
of
wires.
However,
since
the
and
even
nental
2004. f r
time,
telephone plant increased
System
end
depreciation
of
mentiof this company
2061.•
p.
IT' ''
Gifford,
year
additional
Army and
Preferred
156,
first
Dutch
to
80%*
1942,
beginning
System, subjecUonly to .limitations' of material and man-power,: to -meet
and
Net
this
for
S.
conditions
„
;
the
To
war.
provided
opened,
replacing service
Bell
the
at
saving
a
96%
systems
increase
holders of. record
20 and June 20,
Arrearages; as; at.
to
10;; $5.
$40.25 per share.—V.
to
January—
60,000 rural
income
^'Expenses
20
Mar.
Dec.
in
use
2.500,000
shortages
per
the
of
were
was
for
'
for
in,.use
simultaneously
which
panies in the Bell System during 1942—the. first, full year of the war.
These demands found .the System ready and the achievements of this
At
1941
bonds
on
Total
and
American Telephone & Telegraph
operated
Years
$291,931
stocks
on
payable
and
were
3420,000,000
copper,
materials
1942 were as follows: Mar.
$3,50:
436.
p.
Walter
large
.
1942
Dividends
of
those
157,
where
*
...
American-Capital Corp.—Earnings—
Income
•'" .-f.
Unprecedented demands were made upon the; personnel; and facilities
of the American-Telephone
& Telegraph CO;; and its; associated,com¬
payable,
$14,702;
due to brokers,. $3,876; net assets (equivalent
1,461,210% shares of $1 per value capital stock,
720,572%
V.
925
$7,251;
share
per
21,
amounted
1943,
January
while
213
C*iJ63
losses.-
etc.,
taxes,
Sept.
,
of;
,
normally
$1.75
of
there
Chile,
to
investment in
showed
ill
general
receivable, $27,592; due from' subscribers,.' $260; prepaid taxes,
furniture and fixtures, at nominal value, $1; total, $3,720,699.
$736;
stock,
Payments during
dividend
a
states-in. part:
$1GQ,162
of
I
5,849
3,035
C!r578
•'Statement of
...to
■■/■■•
633
rate
Some
'
Co.—Preferred. Dividend—
declared
service
conduct
circuits
circuit
a
plant
new
rubber, and
"
1,688
--t,4TT"'
;
Assets—Investments,/ at
dends,
60,132
Fed.
income
•$3,572,466;
1940
~
preferred
7'w
15
_l__I.-_I-___~-.J---—$16,564,904
Sales
$261,317
!——Hi—
FCb.
on
85,465,000
"
.
p.
the Long Lines
with
compares
successful
additional
Rico;
overseas
accounted
of
1941,
89%
American Stores Co.—January Sales Off 2.2%—
1736.
p.
51,558
,
"Exclusive
the
Jan. .},
com¬
1941
372
year's
of
^
145,
the
to
Puerto
1942.
reduction
-The
formerly
& Malting Co. below.—V.
of
messages
which
1942,
1940.
built, expressed
quantities of strategic materials used
Assistant Manager
made-Manager of the depart¬
been
in
for
way
there
compared, with
payment—
8,284
prior
of
.
types
day,
per
Aires.
in
which
•
amount
share
'••.,.
being
including.
a record high and
day in 1941.
/
/'•
the average per
over
provided
was
Buenos
during
246.
p.
directors
$l;75 *each;
-Earnings-
tax___
taxes
"Net
.
previous
the
$238,576
tax
•:'State franchise
capital
1943,
46,144
Xii'.-'--;
has
Department,
156,
Feb.'27.
on
record
$216,488
income
_
Federal
Adjustment
The
of
circuit
.additions
share on the
holders of record
Oct..1,,last year,
j
Every effort is
telephones of superseded
as long as possible./
Expenditures for new construction in 1942 amounted to $345,000,000,
1941.
Jochen,
A.
American Public Service
,' on
share
per
holders
Apr.jlr1939.—V. 156,
Shares, Inc.
Bert
17
last
of
and
/Facilities—The
The
per
•
will
requirements,
establishing
against
per
.
equipment,
usable
:
.
American Malting Co.—Plant. Purchased—See Froed-
The
1.942
interest
_______
Federal
Other
cents
to
including Jan. 2,
Calendar Years—
Dividend
15
1
office.
Western
the
Month
American
•Expenses <:•
of
Apr.
and
1940
party
Oct.
on
Service—Overseas telephone service is contribute
Telephone
Panama,
■
through
cable
American Bank Note Co.—Dividend Increased—
,
in
all
114,364,000
important
an
direct
the common
cents
combat
service
66,750.000
increasing
Guiana,
$7,143,149
included.—V.
in
Hawaii,
Doremus,-.«formerly Manager or%the Western Depart¬
Companies of the American Group, has been elected
of the American Insurance Co, - lie will be brought
W.
home
ment.—V.
1,348,023
2,249.882
Total
of- 5
WPB
of telephone sets
telephones designd
special
except
from
as
year.
the
manufacture
the
The number of long-distance
Overseas
.
for
or
existing stock
number
was
and
1941
ing
;
dividend
extra
an
such
materials,
1942,
applications for
in longer haul long-distance messages, most of which
by the Long Lines Department of the company, has been
Department
the Fire
of
tert Grain
•
dates
same
Vice-President
3,000,000
1.348,053
—A,.
earnings
declared
service,
of
of
$1,560,216,000, or 29.5%.
^
have
grade
exchange
increase
$248,778,000
"
the
spectacular.
2093.
p.
Vice-President—
Frederick
$7,143,149
%lJ
local
carrier
ment
payable
the
on
New
*
Accrual for taxes,
Capital
2 8.024
">$7,641,776
_
Liabilities—
and
3,974,687
"77.104
156,
of
other items, such
switchboards, ad¬
for
telephone conversations
and long-distance, was about 87,000,000,
handled
are
and
\ U
<
share has been declared on
per
regular semi-annual dividend of 25 cents
stock,? par $2.50, both payable Apr. 1* to
Like^amountfc were paid on Apr, T;and
1.
Mar.
3,995.294
'
Bond
.
that
average
The
payable Marih 15 to holders of-record'March 5.
on-March' 14, June; 18,> Sept. '15 and
^
directors
common
;
assets
J
in
branch
prohibited
increase of 2,201,000
an
.//
/
;
number
meet all demands.
about 200,000
applications
had to be denied during the
November,
to
restore
to
both
.
•■• " •"-
•
.
banks-and. Electric
of
private
conservation
of
combat
in
use
order
.The
dsbursed
were
I..
•
the
and
refractory companies*- etc. (at.
(including 57.000 shares American Arch
Miscellaneous
in
American Insurance Co., Newark, N. J.—Extra Div.—
The
426,403
1,845,088
•
'/
'
•
in
cost)
-■}•* // ' '
of
order-which
middle
the
made
for,Federal
$589,432
157, p. 517.
15s last year,—V.
29.525
;
.455,413
.■
of
•
of
profit
Co., .Inc.-rreLiquidates
Power
group
a
cents
value,
par
no
amounts
442,846
24,918
■.
,
investments
$395,970
accrued,
Inventory
provision
the
in
,
net
a
notice
including surplus.
increase
net
the WPB,
225,000
changes
line,
•
$275,000 for contingencies. > The. report
as
yet been made for; Federal excess
has
to
Dec.
551,607
receivable—__
of
shows
and
interest
an
after
r
After
cash
stock,
1941
$692,353
Accounts
'"issued
C
*
lines
the
about
extensions,
individual
to
In
Dec. *31,_ 1942,/subject
ended
telephones and
ditional
line
is the last installment on the 850,000;000 loan contracted
making the above payment, company and subsidiariesbalances in-New York and U. S. Governments of approxi¬
Co.',
Like
1942
21,.-
inadequate
facilities had been available to
result of limitations by
a
residence
as
-The
capital obligations,
Conversations—The
greater if
even
As
main
American Fork & Hoe Co.—25-Cent Dividend—
Sheet, Dec. 31
■
Dec..
1941.
/=..
'
Balance
r* *s'
j
adjustments,
depreciation,
mately $14,000.000.—V.
$416,559
279.000
paid
and
16
and
end
been,
share
per
President, has announced"'that>"the'fmal ^'paymeht on
bank loans was made Feb.;; 15.;, .' This•; payment, con¬
company's
had
$573,275
565,600
adjustments
:•
quarter
Foreign
&
Calder,
1930.
in
$861,339
„
profits taxes
excess
cents
15
considered
be
in service was 1,171,800, bringing the total at
of
the year to just over 20.000,000.
This increase, which
with an increase of 1,357,000 telephones in 1941, would have
compares
Dividend
normally
because of the large increase in Federal taxes,
in 1941 to $222,141,000 in 1942, or from
average
the
wv'V
meet
C,
Share
3,865
&
*
Bank Loan—
2.
and
:
':'l;
.
income
of
March
on
comparison is available.—V. 157, p. 214.
American
meant
war,
System telephones
the liability
as
the
from
$248,469,000
on
Bell
therefor is not yet-indicated. The above
$319,541 is equal,
after preferred dividend requirements, for
the quarter, to $1.19 a share on the 250,000. shares of common stock.
the
r
Common
would
what
from
5.4%
to
Telephones
.
paid,;*
was
Co.—Earnings—:
reserve
a
the
on
6,3%
for
March
12
stock,
B
a-',-."■/••
made
were
year-end
provision
no
taxes
sisting
American
and
and
largely
resulting
engineer, manufacture and install the equipment.
a record volume
of business, Bell System net earnings
of
decreased
of
net
No
June
that
states
earned
share
per
of
follows:
March 21,
$2.—V. 157, p. 340.
class
dividend
a
*
interest,
alter
taxes
profits
$200,000;
Common Dividend—
dividend
a
12
as
amount
to
spite
before interest-charges,
•for
$153,414;
paid in surplus, $2,143,042;
total, $6,173,296.—V. 156., p. 1145.
Aluminum Co. of America—$1
■.
accounts,
inventories,
reduced
$1,126,625;
(par $5),
$1,593,587;
surplus,
restoration
for
reserve
declared
16
report for. the
a
activities,
many
with
time
In
,
audit
annual
to
for estimated State and Federal normal and excess profits taxes,
reserve
in
Co.—15-Cent
'
in
Company
equipment,
income
$758,989;
frequently
and
made on Jan.-; 1; 1942.
The.
first: since- Nov, .:;1/:i94r,-"when •
share
a
.
March 14, June 14, .Sept.-15 and Dec. 15,
fixed dividend policy.—V, 156; p. 1856.
•
the
stock,
the
...
American Distilling
913), • $654,423;
;
like
on
year's
have been expanded and at the close of the
entire efforts of their 6,000 employees were de¬
1
They
war.
activities.
war
.or
moving 5,500,000 telephones; handling a record number
telephone conversations—averaging 87,000,000 a day; building $345,-r
000,000 worth, of new telephone plant, much of it on rush omer and
stock, payable March 15 to holders of record March 2,
no
the
to
installing
series
.
Feb.
on
of
has
/..■
.
%
tax
sundry
$35,000;
machinery,
of
substantially
voted
-
and
year,
company
accounts receivable, $16,636, land, buildings,
etc. (less reserves for depreciation of $1,933,goodwill, trade-marks and formulae,
$1; deferred
charges, $62,233; total, $6,173,296.
refund,
cution
Bell Telephone Laboratories, Inc.—«
early by the-Government to undertake a wide range
necessary for the succssful prose¬
upon
research and development
special
year
-, /
;.'.■'••/
'
dividend
B
of
l/32nd
Colortype
common
Distributions
last
notes and accounts receivable (less reserves for doubt¬
ful accounts and discounts of $76,428), $1,284,423; inventories, $2,019,cash
1932)/ $84,315;
class B
or
597.
p.
directors
The
notes, $901,900;
429;
cash,
American
tax anticipation
and
bonds
Treasury
157,
a
in
dividend
a share-in" class
the
$3
stock
is
on
in
cents
declared
share
a
(optional
of
l/16th
75
194'J
Dec. 31,
stock
dividend
on
Sheet,
of
of 34% cents per share in
stock," on'-the"$2.75 cumulative
of 1936); " and-a dividend of
37Va cents per share in cash, or l/64th of a share in class B stock
on
the
$3
cumulative convertible class A stock
(optional dividend
series of
1928.), both payable May 1 to holders of record April 12.
The previous
payment on the $2.75 stock was 68%
cents in cast¬
l/32nd of
or
class
for
Balance
31,
called
were
capi¬
$63,266;
> I '
System's; laboratories—the
The
,
of
The"directors- have
cash,
$1.08
share—__
per
After
5200,000
Dec.
//■
862.
p.
.
stock"
common
($0.10 par),
(since
surplus
earned
156,
A
MISCELLANEOUS
-
The
1939-
1941
.'_t$244,069
earnings
»Net
$7,468,954.—V.
pre-;.
cumulative •pre¬
class
American Cities Power & Light Co.-—Dividends—
,
1942
$5.50. cumulative, .prior
par),.$880,000;
$4,103,031;
surplus,
INSURANCE
-
$2,308,310; :$3
pari,
no
no
($0.10 par),
total,
Co.—Earnings—
Allied Kid
payable,t $18,985;
shares,
shares,
tal
■
6 Mos. End. Dec. 31—
INDUSTRIAL
-
Liabilities—Accounts
Corp.—Appointment—
Development
Parts
Aircraft
PUBLIC UTILITY
-
so
company
companv
because
believed
the Commission
of
was
considered
company felt it important
that it could get on with
war.
Bell
Bell
with
System
Telephone
companies,
including the
Laboratories, were $396,-
S288.493.000
$256,476,000,
an
in
1941.
increase
of
Of
the
total
$101,494,000,
I
jVolume
or
of
more
.
bill amounted to nearly 621 .per.
Telegraph Co. stock, or about $0 per
1041, .-The. total, tax
(55• over
share
share
,THE ^COMMERCIAL.. & FINANCIAL CHRONICLE
Number 415.3
157
American
Telephone &
in
than
•the
Federal
companies,
and
the
tax rates
per
year.
r
being
amount
collected
so
by
1
:
.
•
•'
,■»
.
:
'
Toll
•
outstanding
pension
Telegraph Co.
vertible
•At
an
•
.
due
at 'the- end
widely held.
in
the
Co.
-
-
in
of
and
1931
of
end
1941.-
end
.
.
,
34.427,693
£*4,003,900
ppgr.%gv.
Total
1469,263,216
•*
of
$233,584,900
1942 there
of
of
held
much
as
held
1%
of
'/a
as
Of the. total.stockholders, 207,600 held from
and 607,700 held less than 100 shares each.
159,985,006
164,053,760
91,649,875
88.457,467
income
14,221,243
13,538,554
13,357,660
13,453,218
and
V-
incl.
&
.
re-
2},349>il^
number
of, stockholders
and -held
Electric Co.
the
of
end
the
To
1941.
to
and
of
employ
liad
less
The
the
BCll
year,
an
23,672,329 */ 22,194,068
obtain
170.000
than
of
this
increase
pensions
people.
the
At
end
a years service.
Bell System employees
39,500
for
care
the
of
:•
.
losses,
15,129,304
11.120,922
9,742,018
14,370,623
13,672,840
14,349,143
charged
;
•
constr-TrCr?- ' Y7' 8,902,821
Taxes, ^320,553.054
9,508,015
,7,869,409
6,151,081
'>230,840,309
1184,769,591
156,308,640
25%
year
.oper;;'inc.'-".
Other
"216.017,382
iiS.
income
the
Total
inc.
of
with
•those in
4n
the
maximum
a
the services,
Nurse
in
Corps
Corps cf
for
the
and
first
are
in the
Coast
service
World
the
three-fourths
Navy, Marine
Who have volunteered
and
number
in
War
Net
Army,
Guard.
222.140.765
inc.
:
Net
581.988
Western
Electric
816,000,
Co.
and
increase ol
an
Income Account
for
'
1942
»
•
.,
Toll
•
,
••
service
iicense
1941
'g
^
No.
of
did
,6,3.87,922
.7,690,111
8,916,565
9,277,864
210,497,453
190,280,877
Tax
191,770,694
168,181,146
168,181,146
168,181,146
23,589.548
42,316,307
.18,686,794
18,686,794
18,686,794
$10.26
$11.26
$10.18
$101,227,794
consider .that
of
1940.
in
$89,343,512
in
they had
{Deficit.
and
1942
in
and
1942
1942
$83,399,178
and
$124,571,781
liability
any
^Reservation
excess-profits tax credit.
of
in
Equities"
;
not
Other
4,289,242
revs.
Dr91D,000
Dr804,396
Dr668,283
1941.
revenues..
399,441.190
147.053,884
121,143,740
112,765,862
25.649.289
22.882,812
20;397.088
19.778.996
net
Excess
income
in
Profits
of
respect
p
.
1942
.»
•
...
physical
in
property
majority-owned
co.nsol. ,;in
year
invest.
of
therein-
26.732,421
1,393.603
1,261.197
14.111.264
12:587,573
11.785,983
•Total
11.621,520
Gen'l
miscell, exps,,
1.9.256,743
21.294.079
23.313.268
22.202,615
Cr379,133
•18,224,682
8.439,377
ex-
:•'-'
11,434,873
7,283,728
.income—*
oper
Dividend
31,137.891
Capital
stock
*'■
!
(A.:-;T. & T.l
•
•"
'•'''
l
$1,868,679,400 $1,868,679,400
—
Premiums on capital; stock—v-;****__
Subsidiaries consolidated:
.;
Y
13,786,288
'Mhceli.
6,858.372
.i**,
non-oper.
16,298,101
179.903,618
149.049.318 169,759,381
revenues
Interest: revenues '
17,701,737
165,522,792
6.893,120
6 811,349
29.871.164
9.668.134
•
•.
269,975,028
51,223
591,721.
554.682
,
net
sold
I—"
24.548.855
22.375,167
16,746,164
income
f 1.945.000
reserved—
income
Dividends
Y
declared
168,181,146
—
"r:.—..
186.974,735
188.344.032
168,181,146
168,181,146
(par $100)
trustee .of
pension funds
18,686,794
—V
deposits
Deferred
credits
$8.62
$9.09
18,686,794
$10.08
42.538.940
11.335.536
-
1
1
amortization,
■
of:
14.215,435
158 654 857
•
12.058,108
4.656,990
2.810.455
■"
$4,795,959
'the
for
ill
$9.24
1941,
income
by itself is less by $1,285,852 in 1942,
in 1940, and $17,694,338 ill 1939 than
company
$22,153,421
company's proportion
these
of
the
has
the
in
reserved.
amount
§The
the
of
does
company
profits
excess
taxes
ill
Bell
consolidated
tDeficit.{Of the
been, used currently
years,
.$2,507,000
for
the
of
through
unused
not
either
retirement
portion
consider
1941
or
System
of
J,560,216,257
reserves.,,.
••
Assets—
-,Y
of
this
credit
any
liability
1942
'■
Telephone plant
—*
Invests, in subs, i»t cost,!-(Other .invests,
(at
debt.
that
applicable
.to
stocks
of
subsidj-
1940
47,626,467
•
4,196,391
invests
Unamortized
' and
20,148.460
debt
_
189.492.576
14.016.704
6,113,835
share
:
1
,
_
Premiums
Funded
Notes
on
outstdg,—
stock
cap.'
2,701.9$2
4,496,551
,
,
1,794,015
-over
of '1942.
trustee
pension
and
Deferred
taxes
energy
of
the
quarterly
$100.
the
and
dividend
30
1942,
from
1°42
'•
ln41
Increase
917.6%
no.8%
93,3'/rt
*29,905,480
19,932,123
19,570,694
1.8%
26,729,163
24,447,676
9.3%
46,661,286
44,018,370
73,923,850
———
-the* output
6,0'v>
'
payable
annual
including
of
bonds
the
due
Jan.
'
* •■*
Reopens Bond Purchase
1,
proposal
Under
,
in
of
consideration
would
have acquired
the
$955,460, plus accrued interest to
of Feb. 6, 1943. the proposed
Associated
of
amendment
an
interest
the
to
basis
date
of
of
50%%
.•;
subsidiary,
1,
Hearing
p,
the
at
July
Richmond
call
price
Light
of
&
RR.,
to
an
105,
1952.
issue
of
,
the amended proposal will
on
enable
held
be
the
latter
$1,000,000
.
.
on
4%
v
to
bonus
,
Feb.
19.—V.
15V,
437,
Associated
Feb.
group
units
was
V.
Gas
Electric
&
trustees nf Associated Gas &
The
ended
-12,
net
electric
135,541,974
12.9%
or
157,
above
598.
p.
Co.—Weekly Output—
Electric
Corp. report for the week:
of the Associated Gas & Electric
(kwhl. This is an increase of 15,445,701
output
units
production
of
YY'YY"
120,096,273
v,;;Y..
Associated Telephone
;
Period End. Dec. 31—
units
a
year
ago.—•
^
.
;
Operating
$9
1942—12 Mos.—1941
$300,317
•
3,000
311,179
$219,217
$2,945,252
110,449
1,914,039
1,288,790
3,718
expenses^.-*-
$533,396
175.970
.
4,500
331,129
$264,688
rev._
$108,768
$1,031,163
$1,081,719
$6,753,947
$5,869,8511
47,550 '
3,761,145
.=
33,12>4
3.466.21D
'
Net operating
Operating taxes
Net
153.
revs.-.
IncomeY.*.
oper.
387.
p.
$2,370,50%
Y
Gulf
Atlantic
West
&
Indies
SS.
Lines
(&
Subs.)
—
Earnings—
per
157,
Period End. Dec. 31—
1942—3 Mos.—1941
•
1942—12 Mos—1941
.
$7,723,809 $16,358,065
Operating revenues-...
Operating exps. (includ
•Ying depreciation) — ;-
$3,213,453
2,126,452
7,279,762
13.568,833
26,699,OOSl
'
$1,087,001
$444,047
$2,789,231
$3,906,7551*
$30,605,763
company
energy-for- the
revY'l-'.-v
Net " oper.
"
last
than taxes
(other
Taxes
on
electric
Co., Ltd.—Earnings—
1942—Month—-1941
.
revenues._Y*
Uncollectible oper.
-
of
1941,—.
Y■
Feb.
on
company
original
cash
a
increase
Commission
closing.
its
due
,
output
until May 27,
" '
the purchase price, the Securities
8 reopened proceedings respecting
$2,222,000 face amount of its own
1953, from Staten Island Ec%son Corp.
proposed
a
the
for
face
to
to
15
of
1922.—V.
electric, properties of this
#
opened
''
y.
Staten Island Edison Corp. proposes to advance the funds so received-
>
*
April
rate
80,432,000 kwh., an increase
71,998,200 kwh. for the corresponding
Y
branch not
Y ,7.9% .'
of
totaled
.1943
v
1942-
:•
•-'JftD/-23i'k'J-%'»V80.iai,OOft- -73,280,000
•
1941
income
profits)
and
%
excess
50,195
262,581
381,356
$1,036,806
$181,466
$2,407,876
Drl7,654
152,350
124,820
187,908,
$1,019,152
__—-„^—*
Feb?'.s6_*ii;I"'80,090.000 *' 72,173,000
$1,868,679,400
269,975.028
80.432,000
52,404,000
61,466.000
„
71,998,000
1939
53,526,000 Y40,455,000
61,875,000
52,899,000
45,846,000
157;-p.- 598.-,
$333,816
$2,532,696
$3,340,425
754,231)
569,694,000
6.146.963
Interest
credits
42.045,287
17.743.428
6.784.774
70.742.385
accrued.
42.045.287
7.060.297
28.566.716
18.225.678
1,458.967
634.632
shares of
906,391
154.416.398
141,761.189
-
Deprec. and amort, reserves
169.156.738
'Surplus reserve
Unappropriated surplus
62 762.757
60 817.757
198.115,481
The
.
60.817,757
190.955,368
stockholders
The
standing
179.675,851
-
common
$1
par
recently
stock
stock
stockholders
.approximately 20'«,
•
voted
from
to
$100
reduce
to
$1
the. par
by
to
increase
$100
the
.'
of
tpe
and
to
issue
par
share
common
giving each stockholder the right to
-k
64,745
82,283
280,739
376,997
$954,407
$251,533
$2,251,957
$2,963.42B
2,851,706
313,673
3,318,126
$3,806,113
$565,206
$5,570,083
profits taxes.-
642,426
575,898
1,242,611
1,096.210
contingencies-
500,335
265.000
752,000
265,00%
$2,663,351
($275,692
$3,575,472
$2,816,177
(netl.-_-
profit'
profit
Gross
excess
16
Prov,
by
Bal.
purchase
.the prorated amount of new shares.
This new capital, it is stated,
•has already been-subscribed and paid for and the proceeds will be used
for
——
1,213,965
of
profit
trans¬
ferred to earn. surp.
.
$4,177,393v
income, and
for
Prov.
out¬
owned.>
stock
'
Par
value
share
per
in exchange for each
also' voted
expense.-,—-
profit
■>Other
:
/American Yarn & Processing Co.-^-Change in
•Value—Right-s to Stockholders—^New Directors—
6.786.569
42 045.287
income,
$3,152,517*
•••'•"
Net
of
—
income
Gross
45,923,000
51,071,000
.
61,144,000
Other
46.094,000
269,975.028
-798,584,900
-
,
1940
-62,056,000
79,221,000 -' 72.646,000
—V.
payable
Int.
since
$l,868.679.4QO $1,868,679,400
fund
payable
Accounts
regularly
"
Week End.—
•
'
Dividend
,
$3,481,421,127 $3,445,725,990 $3,165,351,924
798,584,900
to
31,
30,
31,
cents.'
-
2.368.532
269.975,028
debt
sold
usual
•.
Output "-of' electric
Feb. 13-Y-Y1
and
the
'
4,088,212
—
—_L
issued
paid
Comparative-table of-weekly
five "years - fallows: v -•'•' ■ "»
4,932;361
Liabilities—
Stock
.,
±
discount
debts
'
amount).
$5,893,765,919
•'
r;.
Jjui. 30_%ui_
Total
declared
qn* thei capital stock., par
March: 15.
Dividends at
been
.341.^.:
week
•
5.493,343
March
33,119,378
437.
p.
of
—V.
Feb.Y17
on
of-record
of .11.71 %,
Y' 40.200.050
18.183,208
z
313,985,277
$6,092,697,837
for. the' week endedtFeb. T3,*' 1943,
159,777.381
145,084,396
.2.461,701
deferred
r
37.311.155
—
expense
Other
81.580.005
,
61.922,569
YAmerican Wnter Worhs & Eleetric Co,, Inc.—Output—
•*"
14.517
Material and supplies
.
P.
43,695.900
receivables
Current
;•
$455,801,858
"
per
holders
share ;Dave
2.440.622.587
49,536,689
directors
$2.25
•
2,609,786,531
deposits-/.—Yy-
cash
Temp,
The
vj.* •;.
;
.$487,872,854
Sinking funds
;Oasln .'and
81
2,684 999,338
cost)
on.
record
79,780,664
Operating
Usual Dividend-
existed
.
1941
share
of
Sales Up—
price was increased to $1,130,442 plus
(the consideration being determined upon
Net
$532,297,833
.
Total;; '2 j—-LuiY-YY
has-been
Dec.
Dec.
June
purchase
1,444,262,.051
income
1944?.
American Telephone & Telegraph Co. Balance Sheet,'
,
Y
net
profits tax credit for 1942,
excess
and
on
share
per
per
18,323,341 *15,575,547
14,796,037 *14,329,933
'
income
cents
holders
660,
p.
closing
telephone, plant——689,977
,Y, aries consolidated held by public^.!—. *
3,893.070
Surplus" applicable to stock of A. T. & T. r"'.'
(surplus reserved)
65,501,840
Unappropriated1 surplus
305,031,711
:
°Net
10
11.350,713
.J
and
Contributions
27.613.629
42.539.049
i'_*_250,969,925
-
accrued-
4,405,393
18,6M,794
payment.
584.568.000
;
29.874,131
accrued■
Interest
168,181,146
date
88,083,959
payable'-after dose; of year_*—
current liabilities_.dl_.Yd-.-—--*
Surplus
10,686,794
156,
—
Exchange
bonds
97,976,615
Other
L
.
172.586,539
20,162,886
increased
Goods Corp.—1942
'
purchase, by
'4%-%
798,584,900
618,568.000
Dividends
•
sharer-—-,
per
18,793,589
outstdg,
Principal
on
follows:
as
each,
cents
been
----
Because.of
the
17.907.950
798,584.900
$1,902,938
Depreciation
17,092,252
—
shs.
of
Earned
—*161,088,894
;
Surplus
No.
■t.
to
86,439,750
,
payable
toiners'
16,600,385
;
"Net
88.588.000
by public___—. 17.904,300
Taxes
Net
Dry
season
157,
and
269,975,028
——61,728,671
billing ffor
service
and
cusv
Accounts
earnings*. 187.582,749 209.349.902 205.090.196 189.186,924
'deductions
Interest
by public__J-**X-L
held
Preferred .stocks -held
Advance
Total
stock
Subsidiaries? consolidated
Notes
537,168
10
share.—V.
season
redeem.*
■Funded;debt-Yr.fA. .T*&. T-, Co.).-
rev.
(neti
at
as
1737.
cents
to
of
$6,092,697,837 $5,893,765,919
Common
JHet
Arrearages
p.
Case—
13,225.387
..
,
s
of
been
reported by subsidiary companies for the 52 week:}
1943, and sales for the same periods of the preceding
given-below:
Under
13,679,087
,
-
Liabilities—
Cr235,612
;
30,
had
of
20
1942
Associated Electric Co.—SEC
.
65,634.330 •
8,685,562*
_______
608,570
rents - —--.j,-
Cr644,267
Sept.
per
'-ljord &. Taylor Manhasset
189,501,976
and
Operating
5520,843,934
of
30
during
dividend
8.851,189
expense.-
■
Cr618,990
has
obtain such
dividend
March
Year
V.
138,922,572
58,449,505
debt;discount and
Other deferred debits'
67,817,867
par:value',
/
dividend
payable
disbursed
and
30
extra
an
quarterly
both
quarter
Fall
103,264,756
158,581,924
891,598
sickness,
construst._
account
rate
575.000
177,275,930
Prepayments of rents, taxes, directory
employees'
chgd.
This
to
.
quarter
'
Exps.
on
no
stock,
sales
quarter.
24.684.061
6,653,756
Unamortized
'Taxes
declared
18.
30,
2nd quarter
61,578,707
cash deposits.:—'..—
Special
10.976.631
642,906
598.
p.
declared
were
-■
1st
18.403,154
53,737.349
16.837,155
,723,772
Feb,
Corp.—Payment
cents
20
Jan.
are
205,521,331
575,000
17,050,173
1.094,303
to
4th
63,073,804
exc.
11,145,839
and
been
preferred
record
047,880,351
"
11.175.294
funds
18.039,334
death
156,
usual
■'
*
1941
,
205,984.975
investments'
Sinking
14.061,880
benelita
of
subsidiaries
19,937,509
other
for
1737.
p.
'
19,463,073
•
June
quarterly
cents
Spring
$5,296,658,357 $5,
.i
.
156,
on
have
Extras
3rd
'%
.
tTraffic-nud'Comrn. .exps.
•
1.
ended
1941;
.
Temporary cash 'investments—
,
has
cumulative
tCompanies
the
■
Dr569.l04
1,593,241
$735,000.—V.
on
stock,
Unaudited
1941;
in
$22,869,350
in
under
Investments. in' subsidiaries;' not, consol.__
'
$
15,092.047
pensions..-;—
and
and.
refund
to
the
to
Associated
profits
Miscellaneous
1939
■
93.953,677
for
directors
common
cents;
15
Co.
'Telephone plant
4.460.181
service
share
per
$3
holders
Y.—V.
18,686.794
•Y\yy $8.07
15
22,099,731
Current'irec'eiyables *•
Material', and sup'pljeslc/l—
Prov,
cents
annum
N.
addition
.the
168,181*,140
±8,011,053
Assets-r-"'
•...
15.853,343
Employees*
accident,
profit
profits
excess
excess
post-war
Asbestos Corp., Ltd.—Extra Distribution—
Bell. System..Consolidated Balance Sheet, Dec, 31
101,498.499
expanse
for
for
Estimated
$840,-
5.249,643
Depreciation
York,
1
March
stfcY
excess
the unused
17.312,916
oper,
Current
{Provision
supplemental indenture dated Aug. 31, 1937, to indicate that sucn
are subject to such supplemental indenture.
It will not be'
The
surp..
Tel.
Act
maintenance—
Total
v
from
Mardh
in
1160,170,093,
-■■outstdg!;.'
not
125,295.721
oper.
taxes
principal and interest pay¬
1, 1943, will be paid to holders of debentures not so. fully
'registered and stamped, only upon presentation of their debentures anil
"coupons, if any,-for stamping to indicate that such payment has been
made, at the principal office of the aforesaid trustee at 40 Wail St.,
199,558,741
/•'Federal" income:
6,644.643
Uncollettible
of
2%% of the principal amount of each 5.Va% cumudebenture, due March 1, 1955, with interest at the rate
check
New
219,414,018
other.! $129,981,748
174,723.847
revenues-
all
profits
$2,209,000
excess
shs. Amer.
&
Federal
revs^/Y 18,991.700
revenues.*.
contract
Miscellaneous
provision
$4,202,000.
and
first-out method on certain
effect, after figuring taxes, of
has
$2,666,000.
$2.31
.
depreciation
of
per
by
able
199,460,805
;•
Earns. per share_-
Only!
1940
603,750
Am, Tel,
on
Tel.
-
'
1942, including the
t
$1.75
tAfter
necessary to present such debentures In order
Also pursuant to the aforesaid provisions,
628.397
.
\ *
«
■
r
667,677
The
Of
l'e.irs
Calendar
(American Telephone & Telegraph Co.
last-in
Estimated
was
the
will be made
paid
and
applic.
Balance,
<
'•'•
t
42,082,226
Amer.'.Tel;":
'•V;:&.fTei/;C0(.-f
,
Telephone Laboratories, was
$117,398,000 over 1941.
242.269.365
41,862,240
166,-558.015
& Tel Co. stk.
,v
Divs.
women
Bell
the
261,880,008 "
s4,312,786
,
—j_
inc.
to
the remainder
.
48,3'40,712
"
reserved
public'
Auxiliaries, Reserves
Navy and Coast Guard.
Army,
1939
$1,355,330
debentures
.net-inc.y
applic, to
stocks;, of subs._
consol. held by"
stock
500 .are
248,469,194
50,687,976
Total
the Women's
Payrolls—The total payroll of the Bell System for
,
and
About.
mucn
said payment from March 1, 1935, to March 2,
March 1, 1943.
Said principal and interest will
holders of debentures, fully registered both as to
principal and. interest and stamped by President and directors of tho
Manhattan Co., the trustee under the indenture dated March
1, 1935,
Net iiic.
./
cour-
25.COO,
75
1- to
inoome
of 5'/a%
"
disc't"& exp. &
oth. fixed chgs.
force
of
of
inventories
taker, into account,
on
Mar.
payment
J.943,
debt
,
•pare
24,923,551
bef.
chgs.
deductions!,:!"
Amoftiz.
;,
the
217,345.813
41,002,597
be
Int.
necessary
of
220,877,411
19,257,512
'
,
armed
229,211,682
'6,123,383 "
■•
;
services
Y.
■
■
in
now
1940
$956,904
$3.74
taxes.
A-NY & B-NY Realizing
,A
laJive
Net
35.300
-
1941
paid each quarter since and including Sept. 3, 1940.
Dec. 1, 1942, amounted to $8.25
per share.—V. 156,
'8.269,162
20,950,462
exp.
in
taxes,
of
payable
&. oth,
for
("American
Farms Co,-^-Accumulated Dividend-—
dividend
ness, accident,
gen.
adoption
taxes
•accumulations
Other
the
of
The
it was
Arden
13,342.094
A
ol
and
1413.
f$2,043,207
38,732,139
"
stated.
Co.
directors'.
year,
Co.—Earnings—
Federal
$569,000.
income
Charlotte,
Exps,
26.700 over
and
20,113,889
to
calendar year .1942
benefits'—
"
due
death
y'V
Laboratories, numbered 406.600 at
the number at the end
Telephone
tnciea.se
40,104,869
Dickson
p.
$2.99
and
Reduction
profits
income
for empl.
serv.
Employees—The employees of the Bell System, in eluding.: the Western
,
44,463,143
49,483,123
S.
including estimated provision for
giving effect to reduction in amount
after
of
preceding
after allowing
earnings,
R.
156,
1942
-
Co.
Barnhardt
been elected
com.
depreciation
normal
24,752,610
.25,922,422
Employees' sick-"
per
the total; stock; t
of
48.3 V•
,23.4,75.832
,
.
Prov,
on
normal
"search
■
net
the
taxes
reducing
Accounting and
.trpas," depts.'_
/
sh.
products;
'
in
Trust
of
have
than, in the
more
*$1,630,901
inventories
cost" of
devel.
American
(President
President
■
"After
Gen. & misc. exps,'
to. five--.
one
taxes,
stock
163,594.249
.
the
about 20%
were
slight increase
a
per
170,868,704
stockholders—including insurance companies and many other institu¬
tional'holders—who owned 100 shares or more each were 5.5%' of the
total
Earns,
96,921,028
,.Yv;'":
shares
214.289,622
y General admin.,''
Geographically, the stock was
29.
227,518,398
173,078,652
This is 8,870 more
average -number
was
1942
profit
196,401,075
643,021 stockholders of
were
252.581',023
,*Net
1,107,187,698
186)515,933
con¬
1920.
& Telegraph Co.
The
*=
1942
in
1,174,322,317
104,591,305
.
exps.
fixed'
high of 46%
1,298,688.896
269,346,654
of
Barnhardt
H.
Archer-Daniels-Midland
236,935,531
.
,
in
was
332,355,170
36.647,977
Dr4,246,927
V
maturity .of-'the
debt
the
is
-
a
stockholder
No
company.
Shares each,
354,174,843
39.843.474
Dr4.266,671
Operating Crents-
in
paid
Vice-President
t
William
and Cotton Reporter."t—V.
Deprec.; expense."
expenses J
Approximately 60.000 Bell System employees owned stock
stock,.
410,798,828
there
Wool
due "in
than" $1,000,000
The earliest
of the American Telephone
than
other
•
Kerr
greater-Federal
Commercial
the total .capital
year
the
stockholder at the
total
be
to
Telegraph
&
the
Stockholders—At
record
notes
in .1956.
of
low of 25.8%
a
1939
744,498,825
42,899.237
Traffic
obJigations of the System,
surplus,. were
$4,118,629,000,
of
which
debt
obligations
to $1,499,056,000,
or
30.4%
ol the total, which compares
amounted
'
,
787,746,624
£>r4,460,276
Cur. maibt'nance
,
maturities,
due, 4u .1952.
bonds
end
.including
1940
*
revenues'--
;
relatively small amounts
Issue >of-.$35,000,000 of New England Telephone £
Telephone
3s
the
,with
debt
fund
annually, prior to
American
1941
846,^13.265
534,852.910
rev._
E.
C.};
Charlotte, N. C.I, and C, Edwin Hutchison
6 Mos;End. Dec. 31—
,
and
'
1942
r
•
1943
N.
its'
Flnancing-i-In September,
System
no
and
Uncoil, oper. revs,'
•
.
•has
"R,
Co.
Sales
895,971.34^
rev.
service
Misc,
'
1942, the Southern Bell Tele* ,
phone & Telegraph Co. sold $35,000,COO 30-year .2%%., debenture* to .obtain funds for the repayment of. advances from the American Tele*:
phone •& Telegraph Co. and for general corporate purposes.
i , *r
In December.
1942, The Bell Telephone: Co.. of Pennsylvania con*
traded to sell as of Feb. 1, 1943, $35,000,000 30-year first and refund¬
ing mortgage 2*/*% bonds, series E, These series E bonds were issued
in order to
insure
the
availability of funds for the redemption on
Jan. 1, 1944, the first, call date, of the company's $35,000,000 25-year
.first and refunding mortgage 5%■ bonds, series B. ■ Y
j
During the year the, American Telephone & Telegraph Co. and its
'principal 'telephone subsidiaries paid off $16,074,000 of their 4% notes
•held by the trustee of their respective pension funds, and The Chesa-, •
■peuke'& Potomac Telephone Co. of Virginia paid at maturity a. serial
note of $1,000,000.
Western Electric Co., Inc., paid off $10,465,000 of
its 4 V notes held by the trustee of its pension fund.
Outstanding debt obligations of the Bell System increased $17,926,000
during the year.
Cash assets of the System at thp end of the year,
•including- $158,581,000 temporarily invested in Government obligations, '
were
$218,973,000.
Included in these cash assets are the company's
temporary investments of $145,084,000 in Government obligations, and
cash balance of $20,148,000.
V
--.'•••
Having .already provided for. the refunding ;of Bell Telephone Co; of-,
Pennsylvania.series 3 bonds referred to-above, the Bell System now
Brll
*
Local service
volume
on
j/
Bell
of business at. the end of 1942
in effect, is in the neighborhood of $160,000,000
based
then
"
by
Thew
Government.
System
Belf System Income Statement, Years Ended I)cc. .HI
„-
••
directly
borne
taxes
i
'
telephone -users are- adejed to all
telephone bills'and collected by the telephone companies on behalf of
Certain
•
<
•(Consolidating-the ".accounts of the American Tel.'& Tel.
*,
prinbipal telephone subsidiariest
1941.
687
\ote—The
statement
above
includes
the
earnings
from
subsidized,
"
to
*
Total
'
I—1
s>3.481,421,127 $3,445,725,.990 $3,165,35J,924
retire
shares
shares
of
of
all
of
the
r.nmmnn
common
preferred
st.or.k
stock.
stock,
leaving
outstanding
'
only
300,006
operations
owned
1
of
the
subsidiary
New York to Cuba Mail Steamship Co. (a wholly
Atlantic Gulf &. West Indies Steamship Lines)
of
THE -COMMERCIAL & FINANCIAL CHRONICLE
688
before
for
provision
the Pacific Coast, the. Farallone Packing. Co,, .was one of/the
organizations to recognize-the. importance of combining'the pror
'of, biological oils, for feeding, purposes ;witb.:theirproduction
of fish .for canning and for fish meal, .Farallorie's cannery is at San
On
Commission of
U. S. Maritime
by the
recapture
of the profits in excess of 10%
on the capital necessarily
employed in the -subsidized operations (the amount of profits to be
limited by the total amount of subsidy received) as provided in the
Merchant Marine Act.
Francisco,
;
first
one-half
duction
principally profit from disposition of capital assets
purchase of this company's obligations (non-recurring).
tLoss.—
157,- p. 598.
♦Representing
add
The
its
Approved—
the
Today
at
,[ /Bwrlihgton-Rock Island- RR^Cprrected Earnings-^-
Barbara, became a Borden.unit. 'Larco con¬
modern", "wfell-equilpped' fleet ol Diesel-powered boats.
considerable
to
craft,
125
Borden fishing fleet sails
These
-
Raymond
has
157,
President
Fogler,
Hi
elected
been
Japanese raids has not-restrained the fleet. •/-■'.,
;
At present the company's expanding needs and-the war
requirements
of the Government absorb the .full, capacity of the canning
Atlantic
T. Grant Co.,
of W.
director
and
the
of
trustee
a
126.
p.
/
.Net ry.
1,224,114
*61,536
'
/
;
tinned
the
war
of the country.—V.
'
fish will
be placed on
157, p. 518.
sale in. the groceries
- '
' 1
36,888
16,233
,
1,230,794
108,629
198,121
;
157, p. 518.
•
$139,273
-
-
? 28,088 *„*42,476
_,
443,338
income—..
oper.
^Deficit,—V,
■*27,398
•
1,814,295
.y;';
operations'.
Aftetr the
Co.—V.
Mutual Insurance
From Jan. 1-^-
Gross* fromrailway/—"
Net from railway
i
1939
$94,684 '
,*10,265
railway.
■
deliver
of
Atlantic .Mutual Insurance Co.—New Trustee—
from
1940
$115,702
railway/— Y* $179,998
:
57,044
•Net .fy./.oper. income—: •
' 39,122*
Net
trawlers
feet.
1941
1942
Gross .from
the Pacific-, composed
and- graceful; Diesel vessels ranging, from
tuna: fish, bonita, albacore find, other
fish rich in vitamin oils to the Borden processing plants.
The thireat
a
small
75
"'.*'
December—
Santa
large,
a
of
and
Securities
business
tributed
merger of the E. M. Gilbert Engineering Corp. into
Associated Utilities Corp., was approved Feb, 10 by
Exchange Commission.—V, 157, p. 437.
proposed
parent,
the
.
1941,
fish
Associated Utilities Corp.—Merger
the fcommon., stock,.
payable April. 1 ito holders of; repovd. March 13.
"Disbursements.. 4uring ,1942 were ^a's follows:
April l and July 1,
15 cents each,,and Oct. 1 and Dec. lS,. 10 cents each,—V.
156,; p., 1949.
has
British
substantial fish business to: its'consumer product after the" war.
also, the S. Larco Fish .Co.,, operating an old-established
a
In
.
Bucyrus-Erie Co.^12 ^ -Cent: Commcin- Dividend--'," J
directors', have declared a ./dividend-' of f i2 V2 rpents .per - share.. on
.
': The
-
a
laboratory- in Oakland and .a subsidiary at
Columbia.. '* The. Bordea Co,, in 1941. acquired ..the
Farallone enterprise and set out upon the course tohich it believes will
and
V.
It
Victoria,
Monday, February "22, 1943.
1,417,213
23,716
*64,585
192,571
-
,
-
355
• '
v>
^
;r
■
•.;
California Oregon Power Co.—To
Adjust Accounts—
,
Company has been ordered by the Federal. Power Commission to
..adjust."'its.accounts^to dispose of $4,815,721/.representing,excess cost
of acquisitions over original cost and write-ups in its
capital struc¬
ture,
The excess was 'established by the. FPC , in the. process, of.
.
Atlas Powder
The
Co.—Appointments—
Boston Edison Co.—Output
appointment of Ralph K. Gottshall of
the
announces
company
in
will
be
Mr.
Gottshall
district,
the
charge of
has
offices
with
been
in
William
western
with
Mahood
T.
district,
the
division and all its selling activities.
of tire company's northwestern
Seattle.
He will now be stationed in Wil¬
manager
has
with offices in
The
of
Wilmington.—V.
the
of the north¬
He has been connected
Explosives Department,
AtlaS
p, 598.
157,
gain in
week
appointed, manager
Gottshall.
Mr.
section
increase of 8.6%,
■an
offices of the company,
been
succeeding
contractors'
last
Feb.
6,
;
"reclassifying' company's accounts and determining the original cost
pf-its .electric.plant.' The amount to be disposed.of,: the Commission
■'
-v/...
said*/.represents; about, 18%
cpmpahy's plant, which
preceding week was'4.6% over'the; corresponding
respective outputs being 33,252,000 - kwh.' tor' the
week, and 31,803,000 kwh. for the week ended Feb. 7,
the
v.
year,
1943,
1942.—V.
157.
600. >
p.
'
-
L" •' "
•
-
->-*
.
.;
/
,
Atlas
Tack
Boston Wharf Co.—Earnings-
Corp.
President Resigns-r-Company in
—
Rental
the employees
'$744,736
; $628,54^
13,406
9,999
»
69,846-
..
Advertising account—
Taxes paid
Ins. prem, and int. acct.
68,896 *.
5784
552
.
•*4
■
171,456
200,341
3.8,519.
Legal .services
$639,837
,71;680
'67,686
.:
1
3,856
"*••
505 1
-
:222,716
:
43,466
561
...
•
*>39 7
\ 204,344
■
*-
72,331'
,
74,754
•
-•500
•
*
649
'
1,971
4,464
taxes
'
•
6,428
12,563
4,051
3,969
24,553
*.;
*650
""'650
201,902
201,375
~
.
1
96,275
——
Net operating profits of subsidiaries—,
1,045
Dividends paid
Rate,
196",790
204,503
-']■
■
without interruption, and offer
job security when jt may be needed most."
dividend of
A
payable
stock,
25
cents
on
15 cents each on .Mnich
1937.—V.
15
/•'
and July 25, 1941, and 25 cents on Aug. 30,
-
Seattle Gold Mines
...
1942
milled--,—
1940
1941
162,194
155,100
$595,348
$777,627
$700,461
.refundable
$1.02
5'
chinery,
ments under way,
$26,420; prepaid; items, $31,810; .total, $7,104,013.
Security
409,195
358,680
354,287
$200,411
$368,433
$341,78i
$281,232
1,515
4,093
4,386
1,212
1858.
,
.
$201,926
$372,526
46,600
88,800
taxes——
$282,443
26,600
$346,167
75,000
$155,326
$283,726
$271,167
$255,843
Note—In above figures no allowance has been made for depreciation.
-V. 156, p. 1858.
-
1940
t l941
:
$92,296
145,000
150;000
$0.84
$0.64
•
-
-;
' 750,000
$0.13
no
nor
payable
been paid ,in
dividend
a
Ltd.—To
of
50
cents
share
per
.5%/ cumulative preferred stock,
the
on
holders
to
of
record
Feb.
15.
Arrearages
as
like
A
on
par
amount
Dec.
at
p. 1859/
2, 1942,
;
.,
/Tons
';
31—/
1942
ore milled
—*
production I gross )t
Metal
(& Subs.)—Earnings—
-Earnings
Canadian Malartic Gold Mines, Ltd
Marketing charges
.
Bristol-Myers Co.
declared
1
preceding .quarters.
3 Mos. End. Dec.
—-
"
Admin.
&
,
gen.
.
72,128
$300,648
*
61,900
,
$281,110
4,441
3,424
3,238
$382,982
$297,222
$277,871
257,483
187,824
164,387
3,942
.
1939
'/■ V;
84,050
$387,424
•,
$339, 359
——.
1940
1941
*
86.243
,
..Profit
/
Operating dosts
Bell Telephone Co. of Pennsylvania—Earnings—
have
Mar.
Trust,
Account of Accrued Dividends.—
on
;amounted to $34 per share.-r/V, 156,
is
Federal' income taxes for quarter ended Deb.'31' amounted- to
in 1942 and $61,063 in 1941.—V. 157, p. 216.
' ^
-
(2)
-has
investment
International
directors
•
*
account of. accumulations
«$100,
;
made
$61,531
depreciation of $855,371), $761,523;
goodwill, $1; total, $2,235,609.
$0.19
* tRevised,,
provision has been
deemed to be required for Federal, excess profits tax,
states
Company
'
750,000
-
.
: 1939 ;
$139,843
.
.
$97,132
$122,584
'
"After charges and Federal income^ taxes,
Notes—(It
profit
1942
C
of
Earns.
Total
:
,
J
capital Stock
per share__—__
income
*Net
Shares
Earnings—
.
and excess prof its taxes,
Canadian
The
(& Subs.)
1
Sheet, Bee, 31, 1942
for
reserves
patents and
Pay 50 Cents
,v.
Brewing Corp. of America
(less
'insurance .reserve,
$16,933; portion of mortgage note due 1944-1951, $570,000;
capital stock ($100 par),, $6,000,000; surplus,>$333,636; total, $7,104,t
p.
$83,650
payable, "$255,334; dividends payable, $79,375";
$203,279; sales tux-payable, $17,893;
$15,758; inventory reserve, $52,287; 5% cumulative
iredeemable .preference stock
<$100
par), $750,000;
common
stock
(80,000 no par shares), $197,395; earned surplus, $633,888; special
.surplus (refundable portion of excess, profits tax), $30,400; total.
.$2,235,609.—V. 156, p. 2304*/,
•income
advance,
156,
160,000
$51,994
Liabilities—Accounts
;.
accrued,
taxes
Balance
$281,150
37,500
.160,000
year/-/*-*—
for: the
7,098
*
$249,494
37,500
portion, of excess profits tax, $30,400; land, buildings, ma,-."
etc,
.contracts, rights,
...
.
.
3 Mos. End. Dec. 31— '
Net
■
$635,519
394,937
—-
Operating profit——
Non-operating revenue
for
1943
profits
of net
Consolidated
other
&
expenses
Provision
,' $i;45T
*' ;*'•
'
/.Balance
$274,052,
Assets->-Cash, $185,405; accounts receivable (less reserve), $677,263;
.inventories, .$356,818; investments, $224,199; life Insurance policies, $1;
$3,403,348; buildings, $6,803,844; party wall?# $79,858* equipment, $5,269;
reserves
for
depreciation and .obsolescence,,,l>r$3,837,698; .improver,
013.—V.
—_
.■;
.■■':."* -V ■•' V
$1.18 V
;.'
31,
•-(!%■)•
$1,482; reserve for Fed?
and State taxes, $96,275; portion of mortgage note due in 1943,:
$30,000; mortgage interest accrued, $5,687; rents and taxes paid in
1939
158,600
168,250
—$10,815,
$3.53
•
Dec,
v
■(!%•)
eral
Net income from metals
current
:$92,214
,
(Quebec), Ltd.—Earnings-
3 Mos. End. Dec. 31—
produced
Develop., oper.
Sheet,
;
,.(2%)'
:
,
...
$61,451
60,000
-
$147,353; U., S. Govt-, bonds,. $117,500; .U. ,S. certifi¬
indebtedness, $24Q,000; accounts .receivable, .$86,308; ,lahd>
of
cates
,
,
14,023
,
.' Net profits
/
'
.
Assets—Cash,
share has been declared on the common
holders of record Feb.: 19.
Payments of
Sept. 10 and Dec. 23, last, compared with
156,'p. 2033.
ore
60,000
surplus
i;$24,65o:
Earns.- per sh. on 60,000.':
•'.
shs. capital Stock*-—:'
.$2.16
Liabilities—Social
Tons
-120,000
,
to
8
made
$212,214
105,000
(1%%).
Balance
per
March
were
\
,
$235,471
.*
.
$70,815
Balance,
■.
Dividends paid and payable, preference—;
Dividends paid, and payable, common—-*-*.
36,150
,
$129,655 ;
/*—-**./
——/—*
.
,Net revenue from invest., interest and rentals
L045
Fed. and State
Net profit - /___/**..,—
.,
•
.
3,974
:
.
for
;1942
1941
companies--*.--;'
$825,374». Vt$629,332
ProvisionJ for depreciation—,
142,830
42,127
/Provision fpr. "income and excess profits, taxes— -V
400,650
263,000
•Legal-fees-.—-/.-*^—- (;-...942'
197
Directors'-fees
v
.4,973
/,='9,320
"Salari^ and fees .of executive officers———
40,507
f
40,036
,V;
r'
.
/ /
etc., charged off
_*■.
Repairs and renewals—
Euilding demolished
Amort, of right of way.
Deprec. and obsoles. fund
Res;
;
Co., Ltd. ,(& Subs.)—Earnings—
/ Years Ended Dec. 31~r : '
I ;OpCrating[ profits from subsid.
Bad and doubtful accts.;
.
volume of business is
being maintained by your company in its regular and usual, lines of
products* which are now: being sold directly and indirectly to the
Government In a constantly increasing volume. By continuing produc¬
tion on our usual lines, no major operational, or financial conversion
problems will confront ys after the war, which assures us that we can
like amount
;*; ;• •' '
•
■•■
Canadian Bronze
$656,716'
$749,038
"At the present time a satisfactory profit and
25-Cent Dividend—
•;
j-
VU",288
.
'
'
,
immediately resume business-as-usual
in - excess of the; original cost of the
fixed at $27,914,210' as of Jan. 1, 1937.
was
-
'
the;Government.
■
1939,
.
$633,310-
•103,274:
"3,429
2,939
■
——/
Expense. accounts—*..
At the request of the War Department,,
Our board of directors gave me a leave of absence last November on a
temporary basis, which was very: much appreciated.
I find that
it is impossible for me to-do more than one job at a time, and do it
well, therefore the above choice seems necessary under present cir¬
cumstances.
' * ;
.' '
"Your company is in a very sound financial condition, having $23
of net eurrent assets for each dollar 61 net current liabilities.
We now
have very adequate working capital to carry on our present, business,
as
all bank indebtedness for borrowed funds has been paid in full,
and we have no long-term obligations of any kind or nature.
to
account-
1940.
-
'$741,797 *. .$'642,335
■
—
194?:v. 1941.
'
Total""credits
annual meeting, to be held in New York
on
March 17, I. have decided not to enter my name as a candidate
for reelection as an officer of this corporation, as I expect to give my
services
'J
'
income
Interest
time of our. coming
"At the
account
Other
Roger D. Edwards, President, in an announcement to
and stockholders, on Feb. 15 said,, in part:
-
Holders ot fractional/certificates for preferred and common. share's,
^issued. Wider the, 1936 reorganization plan, have, been informed *that
[the shares; represented, by said certificates have, been sold and they
can receive payment by applying to the
company.—V. 156, p, 1211. - >
1
Year End. Dec. 31—
Financial Condition—
Sound
*
Steamship Lines, Ltd.—Warrant Proceeds To
Canada
,
.
157, p. 342.
Be Distributed—
1
.
^
.
sales
mington,, Del.r at the general
Up 8,6%— \
Net System output of this company, as: Reported to- the Edison Elec¬
tric Institute for the week ended Feb/13, .1943,. ias- 33^ 430,000 "kwh.*,
as
compared with 30,769,000- kwh* for .the t week-ended Feb. ,14, -1942,
Seattle, Wash.,, as Director,of Sales of the explosives department.. He
$335,417'
234,080
exp;—
"
Period End. Dec. 31—
1942—Month—1941
Operating
$7,924,124
Period End. Dec, 31
5,392,438
$7,298,943 $89,303,789 $82,475,891
9,177
167,336
163,057
5,017,758 60,393,996 55,580,071
revs.—.
$2,524,791
$2,272,008 $28,742,457 $26,732,763
taxes_^__.
969,802
income..
$1,554,989
1,047,115
revenues--^.Uncollectible oper. rev.-
Operating
Net
1942—12 Mos.—1941
6,895
expenses-—
oper.
Operating
862,080
13,631,802
10,666,037
; 1942—3^ Mos.—1941-
.
♦Net
$250,000
post-war adjustments.
profit
•
^Earnings
share_^
per
•
$645,746
•
$0.97
;
♦After all charges and provision
tAfter
of
reserve:
Net
oper.
income
—V.
157,
—.—v..
$1,409,928 $15,110,655 $16,066,726
873,236
.
8,891,300
ments.
9,716,513
for-income and-excess profits taxes.
Manufacturing Co.—Extra Dividend—
V
for inventories and commit¬
667,251 shares of capital stock (par $5).
:
income;
The
directors
usual
have
declared
dividend
quarterly
an.extra dividend
of
like
amount
of $1
the
on
share and
per
common;
stock,
both
payable April l to holders of record March 21.
Extras of $1
were also paid on April
1, Oct. 1 and Dec. 10, last year, while
July l, 1942, an extra distribution of $2 was made.—V.' 157, p. 215.
each
on
—V.
157,
600,
p.
■
„;■-.
$76,812
for period
Due to the increased' volume
and complexity of accounting require¬
the date of the annual meeting of stock¬
has been-changed 'from the third Tuesday
in April to .the third Tuesday in May, it was-announced>on Feb. 12.
—V.-155, p. 2453* :. ■•■;
' -/■ /■
ments under, war conditions,
holders
of
this
♦Profit
before
Income
and excess
company
'l/'Cv.r.,;i'
Bond Stores, Inc.- -Sales Off 53.30%—
Month of
January—
1943
Sales
—V.
$2,799,242
157, p. 342.
p.
>
t,.
1942
;
'
$5,993,584
$3,194,342
■
than
more
Canadian Pacific Ry,—Earnings—
p'
■i'' Week Ended. Feb. 7—':
/
;
earnings
/
85
years
Division
vitamins.
In
Vf
including
x.
interest,: depreciation,
\
' _' "•"
•
Carter
in 1941 became a leading factor in the production
pursuit of that operation the company acquired two
California Consumers' Corp.
Revenues
:
— -
and
Costs
•
Assets-%
.;V
■
.
•
•'*
Accounts
receivable
Inventories
Tbtal
expenses
Substantial
fleet
the
to
armed
develop
quantities
of fish are caught by the company's West
obtaining its vitamin sources.
Some of the fresh fish
far eastward as Chicago.
Canned sardines are sold
in
marketed
are
fecehtly declared, payV
•
(&r SubsO-^arhihgs—-
.
i
this
sell
services.
When
business with
the
civilian
war
is
over
the
company
plans to
consumers.
company's announcement further goes on to say:
the Special Products Division was organized to
develop and
vitamin
supplements for animal. feeding.
This department is
Profit
$2,963,058'
—;
—,
2,715,51X
(incl. depreciatioh)-I__i_^
*
Credit
the
President
direction
of
The
of
Vice-President
Borden
Vitamin
Charles
F.
Kieser,
who
is
also
Co.
Beginning with one product, Flaydry, a supplement for poultry feed¬
ing, the new unit experienced increasing demands for special forms of
Vitamin D, notably that
which was derived from fish livers.
The
&
Bowne
Laboratories, at Bloomfield, N. J., held valuable and
basic patents for derivation and concentration of Vitamins A and
D
fish
livers.
In
1941
Borden's
Scott & Bowne and of the Scott
By
——;~l~- '
$247,546
deductions)——^0,467
purchase
from
retirement
.
$76,317
23,109
of
bonds
$99,426
73,226
for
—
—
"
$278,014
48,680
——
———
-
—
resulting
Totat
now
Products
there
the
vitamin business of
other items in the line offered by the Special
all requiring Vitamin D.
With demands increasing
to supply these requirements, Borden's
were
Division,
acquired
& Bowne Laboratories.
and existing sources inadequate
set about for additional sources.
Bond
•
interest"
■
—-
^
-
^
- —
Loss on
-
—
II
——
Federal and State taxes on
Sundry
income
non-recurring adjustments
disposal of assets---
Net increase in
•
.*?••
1942
- «
surplus for- the year-
——
—^
,
,
$172,652
93,427
27,534
6,281
8,152
60,361
11,018
$129,640
*$19,687
♦Loss.
profits were reduced $60,361 by write-off of pon-recurring expenses.
Similar adjustments in 1942 amounted to $6,281.
In the opinion of the management, the company faces grave uncer¬
tainties in- the
futur^ due to shortage of fresn vegetables to be
processed and also because of profit restrictions by the OPA coupled
with rising labor
I
-
1
■
18,500
\
91,887
payable,—
$100)—/
/—//—
Stock' (par
380,000
,
66.254
858,800
833,938
360,000
,
176,466
.176,540
;•
241.535
,241,470
12.636
10,057
$4,110,012
$4,214,636
$185,686
Total
-V.
Other
Net
1942—Month—1941
!
$479,982
249,100
80,392
288,165
$5,771,558
3,061,708
34,901
674,890
14,593
414,757
430,716
48,257
37,750
528,757
453,000
3,342
:
4,895
36,667
-V.
—
on
$84,075"
'414,560
.
mtge. bonds
157
490
$99,835
$1,C45,269
18,958
18,958
—*—_~
920
1,199
;—_—--
interest
income
$64,027
$79,678
the period
227,500
12,945
$804,824*
$892,532
■
10,357
$902,889
227,500
128.
of pfd.
stock
for
10,990
108,054
$664,399
108,054
$696,770
applic.
—
p.
36,896
$99,678' $).,044,779'
Drl70
$83,905
(net)
income
157,
$4x793,219
2,565,515
reserve
!
income
Balance
1942—12 Mos.—1941
,$488,234
revenues
oper.
Dividends
678,791
$4,214,636
limited-term
of-
Gross
>
Light & Power Co.:—Earnings—
-
investments
Net
.327,519
860,044 '
23,068
taxes
taxes
Property retire,
appropriation
Other
286,00Q
2,290,900
821.
Operating expenses
Amort,
253,000 '
$4,110,512
Perio4 End. Dec. 31—*■
Other
105,616
327,519
'•
Central Arizona
..
33,006
239,950
"
2,290,900
LJ/_.
155, p.
$252,860
-
■33,000;
/131,0*2/
29,352^* j
.
——
Capital surplus.*—//,
Earned "surplus
1941
cost^.—V. 157, p. 127.
1,544,446
...55,550
.
>
403.566
1,627.860
.
—/—-*„
Debenture' notes
Federal
$326,694
90,758
91,863
1941
'$534,937
$216,180 '
494,519;
/
Liabilities—
Interest
During
••'.
.
v---_
'Common
2,126,296
.
1937
under
from
(less
—
•
**•
Operating1 revenues
-
Scott
income
•-
*■•,
(less reserves)/—.:
_
1941. '
$2,202,613 .
.1942
.
as
The
In
Operating profit
Other
Mass.—-
.'Accounts payable,, venddrs/-,/^^,^*—
Debenture notes payable—
:
Accrqe.d liabilities
Provision for ^Federal " income taxes/-*-/-:—
fish enterprises on the Pacific Coast.
Coast
Needham
Co.
..
in
12 Months Ended Dec. 31—
Heights,
157, pi 600.
(William)
'Gash
156,
stockholders.'of1 fecdrd Jan."i30;'
to
$4,507,000
'".Deferred 'charges./!.»
etc.—V.
Liquidating .Dividejid^t
liquidating dividend oF $8 per^shftref Iwas
3
1942
•
$4,579,000
l"JPafe'iiis. j.(leis' /reserve).
.
Brooklyn National ,Corp.*^$a
A
.T/'
-1943
:•
—
.
OtbeFliquidating dis?
tributions have; been aS follows: ' .Dec.-:i7,' 1941,: $12* ;Jan.. 22 and
Sept. 29, 1942, $6 each, and Dec, 29, $1.42.—V. 157, P« 127/
\
-
Products
Jpne 27—
charges
1465.
•".
m;.
—*:
Balance Sheet, Dec. 31—
,*.
>
able.Feb.
the dairy business, this company is
preparing plans which qontempl^te,. as, an additional post-war activity,
the sale of canned fish to the public, it is
officially announced.
It already has been engaged in the fish business since its
Special
of
all
$98,278
,U. S. defense bonds, series F—
.-•.Other assets • —
•—
/
.
Decrease t
<The> Borden Co.—To Add Another Product—
After
Ltd.—Earnings—
/;-£4p3;495
♦After
8.600
$86,004
Fixed assets (less res; fbr
1942
1941 •
depr, & qbsol,
f1,498„495 | '£487,257 ^ Fjfjnchise and gopdwiliI---/.-l—
profits^axesii*_'x,>-iJ_l^-il 5 1,095,000'^300,0Q0- / Trademarks , (less reseryq) " !—
Fiscal Years Ended
-6.606
,
,
Boeing Airplane Co.—Meeting Date Changed—
6.794
«16.600
$93,112
;
surtax
:7y• '■
British Celanese,
0,887
25,500
*
19,150-
>
Note—In the above figures no allowance has been made fof deprecia*'
156, p. 1739.
/
/ ;
•—V.
and 'excess profits taxes for the
1942 year amounted to $4,692,744 after deducting .a. post:war, credit
of
$373 414.
*■■''-■
'
(2) Due to the war the net earnings of .certain foreign subsidiaries
have not been included in the 1942 -operations. " In 1941 net earnings
for these companies represented* 4.5%- of total-consolidated net profits,
Normal
5,376
taxes/-ri,
tion.—V.
r.-
reserve
office
fort
:'j- Oper. prof.
inventories," and
on.
.
.
the
Toronto
^Provisiotr
Traffic
Notes—(1)
Bibb
.
•.
.
§On
215.
p.
$615,251 t$2,464,338 ^$2,377,860
$0.92
*
$3,69 :^ r $3.56
for "future: losses
tAfter deduction of $500,000 as
.
Net
."
-1942—12 Mes.—1941
•
$556,345
,
Volume 157
Number 4153
Central Ohio Steel Products
35
THE COMMERCIAL. & FINANCIAL CHRONICLE
,
Co.—35-Cent Dividend—
,
dividend
of
cents
LiabilitiesAccounts
The
directors
Feb.
declared
17
dividend
of
75
cents
payable
Employees' payroll deducts, for
share
on the. common-stock, payable March' 13
to holders of record Feb. 26.
Payments/during 1942 were as follows:
March 14 arid June 13, $1
each, and Sept.- 14. and Dec, 14, 75 cents each.—V, 157, p. 129.
share
per
Chrysler Corp.—75-Cent Dividend—
;
has been declared on the common stocic,
par $1, payable March 1 to holders of . record Feb.-19.
Payments during 1942 were as • follows:
March 2, 35 cents, and
June 1, Sept. 1 and Nov. 30, 25 cents each.—V. 156, p. 1602.
A
689
■
*
.
on,
a
per
real est., social
Accrued interest
Acer,
directors oh Feb,
The
declared
15
dividends of
$1.75
preferred stock, $7 dividend series, and $1.50 per share
on
the prior lien preferred
stock, $6 dividend series, both payable
Mar. 20 to holders of record Feb. 27,
<
,
Payments
.
1942
during
follows:
as
Mar.
the
oh
and
20
June
$7
payable
on
Funded debt install,
Corp.—Weekly Output—
weekly kilowatt-hour output of electric energy of subsidiaries
corporation, adjusted to show general business conditions of
territory served for the week ended Feb. 11, 1943, amounted to 233,514,277'k'wh., as compared with 198,464.812 kwh.; for the corresponding
week iri. 1942, • an -increase of 35,049,465 kwh., or 17.66%.—V. 157,
p. 601.
•
:
*
prior lien; preferred stock were
Sept. .21, $3.50; *and'
r
'"
Funded
,
Fire
)
$2.91%.
10,
Mar.
and "June
20
; $2.50.—V. 156,
2216.
p.
Coniaurutn Mines,
Tons
•'
1941
47,465'
46,625
$481,821
47,680
;
Develop.
filed
•
;
in 1941.
v
'
,
SEC.
the
&
and
Co,
Non-operating
Bacon,
Central Surety & Insurance Co.—Extra
share and the
t
Profit
-
i
Dividend— /
lor
before
■
"write-
Note—In abrive
:
$202,776
,$119,424
$127,269
$181,.416
"
—V.
156,; p.
figures
,
$89,091
\
The
<
coiripany
Feb.
on
the common stock,
«'
ments
1
d dividend of
paid
Indebtedness
-
Feb,
on.
<
-'After charges^ and estimated Federal
i.
tEstimated.
represent
contracts
eral excess
-
the purchase of equipment.
•
\
The application said the note issue would resolve any doubt that
might otherwise exist as to whether the debt arising out of the" sale
contracts was a part of its "borrowed invested capital" or "borrowed
capital'' withiii the meaning of the excess profits tax provision of the
Internal Revenue .Code.
A possible tax penalty-thus would! be avoided
by issuance'of, the, notes. :
- > >■ ■; ■
!''•/• ■?'./,
The existing sales contracts ^ were made' with equipment manufac¬
turers and provide for passage of title to the equipment upon payment
$165,000.
_
%
'
»
all
of
amounts
uhder
<
the
due
of
the
the
purchased by- and assigned to
contracts. V- *■>"
-••/. ■-■:, •. ■/; \/'-.
related
r
to
1940 production, _ia the amount
and its passenger miles totaled
Of
1941
by
Of
;
351V.;
/V:
development
; V; 156, p. 1016.
«
4
and.
opening
was
of
up
1949.—V.
3%%
at
157,
and
■
"'Y'
' "-''Y
Richard
of
•
amount
;
'close Of
be
of
nontaxable* distributions
received
by
estimated
or
be
bank
business
-
Dec.
31,
and
A
«
.»
1942,
;■
up. of
;
the following types
■,"■!. ::-rV.
*
*v
•
10
Investment
«-
Rail
:
Preferred
t
Investment—wholly :0wned real estate subsidy
equities
Investments
,
*
in
securities
Cash,
Total
'Value
Amount
.
declared
Dec.
.15,
last,
the
on
-
compared with
50
also
elected
office
Carle
Chairman
as
C.
*
of
the
Governments,' receivables
*
'Pearson, formerly Manager of the equipment manufacturing
division, to be Vice-President in charge of equipment development and
manufacture, in Chicag-o.—V. 157, p. 439.
9.85
.3.32'
■
.
1.89
1.72
1.21
578,178
(net)!*..-.—403,124
Credit
;
Of
period
Gross
^Expenses
Subsidiary)
1941
end
Tke. directors: recently
*
the
©n
i
15.:
Feb,
record
was
common
stock,
A
distribution
27,
of
50
cents
$2,786,220
425,043
kA—**-
*---**_1—"—■
share !
per
f,
Conilnentai Baking Co. (& Subs.)—Annual Reporter,;.!'>!years..-:Ended^.!-:?yv-V > Dec. 26, '42 Dec. 27, *41
" 53,960
33,940
66,738
30,983
$144,285
239,663
$101,435
55,000
A total of 20 first mortgage bonds dated Feb. 28,
have been
1941.
■I
"
;
'£/ ' "'YY%:■■■ YY v.'1-'
U.
per
-
share on
;
ments
Sept.
!'
15,. $17 each, and Dec.: 15, $18.10.—V." 157, p. 601.
to
.
'
no
1943
$64,861
! Revenue passengers ■ •*„———.i_*——9,416,026
depreciation," interest,
P--'$19.
.
Federal
'
income
"Y.
' '
taxes,
*
on
common stock-**
*. :|:Earnings ;per-
1942,.
$62,726
i
!
etc.—'V,
Y
157,
'"
Commonwealth Edison Co.—Weekly Output—
Assets—*
i
Cash
U.
credit
.
:
-
Kilowatt-Hour Outtput
.
.
Gottesman
.
'
Feb.
6—
——
Jan. 30_Jan. 23
—*
-
Jan. 16
—V,
157, p. 519.
1941
180,317,000
181,755.000
169,267,000
167,289,000
181.748,000
164,103,000
10.8 ;
181,884,000
165,277,000
10.0
Increase
6-.5%
'
8.6
•
surplus,
$489,027;
total,
"/'v/
"
has been
$3,378,511.
.
v.-;,.
elected
Credit (Utility; Co.,: Inc.
tDeficit
53 Wks. End,
•
'
Salesr—net
SQ.80
on-
-
-
■'
Cost
/
1,075,429
hand-*-)—**,***.—*.—
:
i
accounts-Teceiyablei—*—_***.**_:
Raw
-
receivable*—
and: advances-to. employees—
accounts
materials ; and
products
*—
,
*
.1,157,852
193,447
f '
8,460
.3,373,094
2,191,649
1,552,563
I
$4,957,168
'
$6,815,758
1,001,469
V——■—l--.—1,423,974;
Supplies
.
1,948,995
1 Margin.-deposit on wheat futures purchased—_
99,439
-.Sundry stocks, bonds and mortgages—,1
Post-war excess profits-credit—*—*
"243,411
501,736
.28,808,129
30,109,619
;
'
Deferred
charges.
-Plant and
equipment
Non-operating land,
Goodwill
*i
—.
-—*—,—
•
—
-
buildings and
-
equipment*
—535,245
.6,831,405
&
repairs
operating
*
6,463,884
5,900,688
5,781,648
$5,610,901
$5,634,422
'
$5,668,188
'
211,918
201,312
230,226
330,087
328,980
327,511
4,891,893
-
4,725,410
4,716,317
4,683,282
$367,007
$364,292
$427,169
profit.$783;483'
40,956
Prov^forFed. toe! taxes
30,135
$824,439
$397,192
$397,098
329,776
—"
—
121,093
95,369
81,260
$379,319
1,757,851
■
32,806
33,410
$460,579
earned
$494,663.
$276,099
$301,729
2,425,401
2,279,544
2,050,561
£ $2,920,064
"Net-pi'ofit. for
Previous
/
244,562
307,979
-
Int.) disc; & sund, rects.
/
•
1*
7,555,478
*
op'er. profit—$6,227,917
Profit
r
—Years Ended-
Jan. 2,'43
Dec. 27,'41 Dec. 28,'40 Dec. 30,'39
$13,783,395 $12,098.306 1611,511,589 $11,449,836
Selling,: gen'l,!etc;(- ex p.,inch assoc. co. chgs.
-Net-
'r
126,851
5,120
450,818
*
fexpenses-,-1
*
Depreciation
-
230*082
" 6,880
—:*'
and
Gross
-**■-.
■
."Maintenance
Dec. 26,'42 Dec. 27,'41
■
:
vV'-;-'
,
Cushman's Sons, Inc,—Earnings
.
.
1942
Week Ended—
Loans
'
i
;
in banks, and-on
-Sundry
Electricity output of the Commonwealth Edis'on group of companies,
excluding sales to other electric utilities, for the week ended Feb. 6,
showed a 6.5% increase over the corresponding period of 1942.
The following are the kilowatt-hour output totals of the past four
weeks and percentage comparisons with last year:
$1,100,000;
,
t$i,510,342'
$1,037,486
$1.46
of. $5,120..
.
S', Treasury notes-
Trade
"
'■;
.
President..of this corporation and
Latter operates under the supervision of
the New fork State Banking Depax'tnxent.
Mr. Gottesman was one
of the organizers of both companies and for 18 years has held the
office of Executive Vice-President.
He "originated-and developed < the
C. U. C. Plan, wrhich provides time paynrent banking service to manu¬
facturers and dealers of industrial machinery..and equipment.^—V. 156,
$2,861,521
4,371,863
shades of common stock,
;
.
'
Consolidated Balance Sheet,
.
■
;
$2.03
1942
'
" 537,714
— *-*,
share-***—
,'lAfter-estimated-post-war
«
*
^
!
55,000
:
payable to banks, $450,000; long-term notes pay$550,000;' dividend payable, Jan. 9,
1943, $13,750;
shares),
par
Saul
! of
■
'After
31,
$1.84
-
for .-year*A*4—$3,554,508
Dividends'On.-8%'-cumulative preferred stock-**
1,979,308
7.441,913
.
$111,716
$565,053; U. S.
Governinerit obligations,. $25,000;
receivable, $2,786,220; other assets, $1,132;
$1,106; furniture and fixtures, $1; total, $3,-
New President—
.
/Net, inepme
Dividend
:
.
aa
——
■'
1
Sheet, Deo.
banks,
$4(364,423:
Loss on
39,923
.Interest
:
!_
534,798
211,9^4
Provision for Federal'excess profits: tax^.J**-,
" «46,08(1". •"
;P.779.
Provision for/Federal income tax_Ai._*A—2,250,293
1,250,985
surplus.'', £—£iA*L-/.-:£-i-*i::_A*A*--™-,
Cincinnati Street Ry.—Earnings—
Month of January—
*Net income
23,505
■
v/ /
Treasury bond,
378,511.
: "/
able
-.-$6,714,456
plant & equip, disposed, pf during., year
328,778
'
:
' '
|
32,397
•!
reserve, $600,857; reserve for taxes and accrued interest, $64,700;
deferred income, $95,177; general reserve, $15,000; capital stock (55,000
•'irotai£ricbui££l££l-**l._*-*££-*£-.-,£-'
'
the
Stock, payable March 15 to holders of record Feb. 22.
Payduring .1942 were as follows:
March 16, $22; June* 15 and
55,000
219;047
r
,
--
Common:
*
,;
$2.62
S.
,
'
directors have, declared .a .'dividend of $17
.The
228,003
Liabilities-—-Notes
,
Christiana Securities Co.—$17 Dividend—
•>
/
$1.53
"
$4,099,907
264,516
$6,424,654
J289,802'
Other -inc'dme
W. A. Gunther is Chairman of the Boai'd
'■
from,-operafciphsI_**i-lAl£__4_T-
/ " Net "profit
-
Court* Place, Louisville, Ky.
of; Trustees of the Society.
r,nA
394,362
$4,386,656
:
386,665
and' acceptances
/ notes-
.,
called for redemption; as.' of • Feb.' 28, 1943, at par arid interest."' Pay¬
ment will be made at the Kentucky Title Trust Co., trustee, Fifth; and
sh. <55,000
shares)
Assets—Cash,
/:/,■.
l7,59L085. 16,571',538
Depreciatipn'/-*!.-/----^-^---.--—»1,721,661
1,808,261
."Advertising,
2,438,109
1,889,391
General.and, administrative .expensesi-i^A*^^
608,491
713,125
Bad'debts charged-;!
16,781
15,479
(Ky.)—Bonds
56,209
-****_a——
Consolidated. Balance
Cost of: delivery, and selling; expen§es..._.....4
Called^ £
,
,
$4,998,984
per
common
■/ Net.'.sales-v^-!.------'---'-«.-:r-.-:—.-r'-——---.',-683,3.83,579 .$69,427,404:
'» Cost of .gopd.i..sold_.—
54,582,798 44,331,703
,
,
Earned
1939
.
$6,756,229
531,746
266,763
$84,176
Dividends
.
1941; none since.—V. 150, p.'3968.
Christian Science Society of Louisville
payments during 1942 totaled $2 per share and were paid
surplus.—V. 156, p. 2127,
; > •'/
Dividend
declared a dividend of 25 cents per share
par value, payable Feb. 23 to holders .of
semi-annual
interest coupons on defaulted
;
no
made on this issue on Dec,
received- im-payment of
from-current income and-income
*
Chicago Daily News, Inc.—Resumes Dividend-^-*
"
1940
:
~
**
income
Corp.—Earnings—-
(Including
1942
•
Notes receivable at
•
;
$38.29
$12,828,963
'
Calendar Years-!-
/
-
.1.-/^
Utility Banking
•!/'■"
/■'■
bonds,' of which $76;666 has been treated as a return of principal.
previous ^reports 'to "sharelrolders this- type of payment has been
included in investment income.? This change-in accounting procedure
was-made'at the suggestion of the SEC! ' '•
1
/
-
will
and Paul E.
)
In
,
,,
He
directors.
.
rail
'
of
York; Wendell- H. Funderburg, formerly Central District Sales
Manager, to be .Vice-President in charge of packex's can sales, in
Chicago; Eugene! J. O'Connor, formerly iri charge of general line
sales, -to be • Vice-President in charge of general; line can sales, to
New York; Jacob F, Egenolf,
formerly in charge of manufacturing,
to. be Vice-President -in charge of can manufactui'e,i In New York;
>
•
'
board
•.
President.
as
on
$16L513. viras:
in preceding
/■ •/•' '•
newly-created
—**
)
snare
*
Conway
*
k
per
''
,Net.
r
cents
1
investment-income for the year 1942 amounted to $661,668, or -t Interestpaid
41,666
each share outstanding on Dec. 31, 1942:; These earnings
Prov.
for Fed.
income
! resulted after deducting all operating expenses, the establishment of.a
taxes
!_*!*:—!**-:/%/ 59,538'
reserve for. Federal
income - taxes and a, provision for operating loss
account of
.sustained by
the real estate subsidiary.
During 1942 a total of
Net income-iA*—_**_
par value,
.A dividend, of 75 cents per share has been declared on
on the $3
cumulative preference stock, no
payable March 1 .to holders of record Feb. 15.
Similar distributions
were xriadd on this issue on March 1, June 1, Sept.
1 and Dec, 1, last
year, as compared with 50 cents per share: each quarter from. Sept. 1,
1940, to and including Dec. 1, 1941, and 75 cents each on March, i
and June 1, 1940.—V. 156, p. 1740. ;
*
;
;
interim dividend
payable March 15 to
paid on June 15, Sept.
were
,
•»——632,500
-
f JTotal
$1.97
stock,
formerly
,.
,
first quarter
a
common
Like amounts
in New
'
Per Share
special situations
—.—
3,300,483
iv.ll-.—!—--—1,113,502
Stocks
share
$6,801,175 r.;. $20.30
v
reduced
accumulations
at-
The board also madd the following
appointments: Sherlock McKewen,
assistant to .Mr, Steele in Chicago, to be a Vice-President,
:
.
;
the; Trust were made
;' !;■/•"' •':■'
.!'
^ - ■'■K';!'/"! "V.
Holdings, of
of assets:r
v:r.
'
*
effort.
war
outstanding
office, Vice-Chairman of the board, will-be filled
by Sidney >J. Steele, formerly Executive Vice-President, who will con¬
tinue to be located in Chicago.
Frank J. O'Bxden, who was made an Executive Vice-President last
September,- will-remain in that capacity, in New York.
.!;
-;
1942.
shareholders
Accumulated Dividend—
the
credit
been" completely
Feb.
on
per
also.'retain his
!
;
cents
The; directors
Outstanding shares had a corresponding net asset, value of $34.33
aricl on Dec. 31; 1941,-this*- value -was' $35.86."
Total net assets at
market or estimated values amounted-to $12,828,963 as of Dec. 31,
'
■
deducted
'
with
term
•New Officers Elected—
the
v
purposes of
should
15
the 333,054.8 shares outa net "asset -value of $38.29 per share; based, on .market
values of the-assets on that date.
On June 30, 1942,
standing h'ad
'
by; them from .theadjusted basis for income tax
their, stock, .Therefore, the, adjusted basis .of / your stock
by 87.81 % of the amount of dividends, which'you
received from, this corporation in 1942 and only 12-19% of, the amoupt
of such dividends should be included as income in your Federal income
tax return for 1942..:
:■■■-/,';!/ ■
Y/■ V •:!■:!
fV.p!
Y-" If the amount of nontaxable dividends received by you is in excess
of the adjusted basis of your stock, such excess is taxable iri the
same manner as a gain, from the sale or exchange of capital assets.
should
*
the
At
Y-'Y
:
connection
■/quarters./.-
.
Trust—Annual. Report—
25
p
accordance
the
,
has
of
■:'(
Consolidated; Investment
/
Cartridge, Secretary, on Feb. 9, in a notice to holders
preference stock, said in part:
with Section 115(d) of the Internal Revenue! Code,
K.
corporation
The^ directors
electricity
The company-on Feb.-17 announced that System putput of
'
convertible
the
In
;
i
;
,
"
iii
$2,900,000
was
holders of: record Feb. 25.
„
t
Chicago Corp.—Tax Ruling—
i
used
of
v
-■"/
(electricity*generated art'd*purchased) for the week ended Feb. 14, 1943,
to 168,^00}000, kwh., compared with 162,700,000 kwh.- for
tpp corresponding ..week of 1942,^ an increase of 3.6%, Local distribu^
tion of electricity, amounted to 160,000,000 kwh., compared with. 157,*
^400,000 kwh. for the corresponding week of last year,, an increase of
; 1.7%.—v; 157, p. 602. •
"
/
'
"
■
These -are due duly 1,
/££•" V
■
,
tho
for
Continental Can Co,, Inc.r—:Interim Dividend—
,
amounting
and
$33,976,000 at
519.
p.
amount
,
!
Consolidated Edison Co.- of New York, Inc.—Output—
-
;
-
$50,174,000
$4,415,000
,
.
■■
to
*
;
-
1,080,879,996:
Almost
compared
as
prepaid, .arid this is the first time .that
without long-term obligationa
since-its inception 16 years ago.
During the year $7,108,394 of U. S,
Government securities were purchased, including $7,007,428 of tax series
notes.
The latter are usable in payment; of Federal income and
excels
profits! taxes and-are- in excess of the required accrual of this tax
liability.
Additions to plants and equipment amounted to $634,063.
Dividends of $1,171,879 were paid during the year,
representing $1.50
! per share on outstanding capital
stock.
The reduction of working
capital of $1,020,444. is more than accounted for by the prepayment
of the entire unpaid balance of $2,900,000 of the bank term credit;"—
! v. 157, p. 439.
•;
.
The ton-miles in 1942
considerably topped the
; previous record Of 14,162,605,344 ton-miles established in 1918.
;
Passenger miles,in 1942 exceeded the 1941 figure of 640,032,564 by
nearly 69%, but failed to equal the 1,314.983.923 in 1920.
^ ...
During J942 the Burlington retired $20,812,619 of debt, which, in-'
v eluded
bonds, equipment obligations and conditional pales contracts.
Dividend payments In 1942 totaled $5,125,161.
The 'only long-term
maturity which the rdad faces over-the next few years is represented
by the Illinois division mortgage bonds, of which there are outstanding
those
entire
beginning of the year
the
■
,
exceeded
credit)
,
The road in 1942 handled the greatest, volume of freight traffic in
its 92 years of existence, and the heaviest: passenger traffic since 1920,
Ralph Budd. President, announced Feb. 16.
"
Last year the Burlington handled 15,290,590,763. ton-miles of freight,
,
$6,180,000
were
post-war
were $49,533,239. or an increase of,
over the net sales of $46,714,221 in the
preceding' year.
•
*
"It is estimated that between 40%' and 50% of the production of our
"The
"
'
figures,
$601,000
"Consolidated net sales for 1942
.
-the best for- the
the Morris Brook
■; orebody nbw, completed about: two-thirds of output now is coming
from'this Source" and 'around one-third "from 'the Emma Nevada mine.
It! is reported' the company, has received a " reduction of about 27%
in its basic monthly, copper production quotas from original schedules
set by OPA and WPB.
These quotas receive the ceiling price-of 12
cents a pound and any.excess output over these quotas get an add-itional 5 cents a pound as a. premium.
This, added 5- cents for over1 quota (/production,< it is stated, is not subject to excess profits taxes.—
V year .and,,with
certain
v
share.
per
excess profits taxes, included in
for the year 1942 (net after deduc-
1941.
v
Railroad Sets Traffic Record in 1942—
,
of
corporation is now being
;
;It "is'.uiiderstood "that production in December
1
1
above
the
§On! 1,590,596 shares of capital stock.
.
manufacturers
been
have
hold
banks, ; which, now
them.' The "interests
Under
contracts
profits! tax,
{
'*<) 85
6 %
$0.54
debit adjustment of provision for Fed-
a
o.6f»
•
S3.07
tion
but before- depletion.
taxes*,
o!g7
••
"
-.***..*-£L*~.TI-I"iri*
!
'After-..adding year-end adjustments representing .$0.16
$$869,311
t$0.45
$9.i»0
.-"Provisions for Federal income and,
;
1942—12 Mos.—1941
'
.
"
..._
quarter
year
;<./
;!f After charges,- including:
i
for
*
-
c;.
the
t$715,210
v
—*
'
.
,
16 asked the interstate Commerce Commission
to issue $13,267,421 of promissory notes to
heretofore incurred under 11 conditional sale
authority
on
an extra df 25 cents.—V. 154, p. 1101.
.
no par shares.—'V.
were:
Third
Consolidated Coppermines Corp.—Earnings—
-
^Outstanding 1,075,429
'Fourth: quarter
were as
Nov.-2, 25 -cents;- and Dec. 15,
„
Chicago Burlington & Quincy RR.—Promissory Notes
for
share
dents per
30
nor p,ar. yalue,,to holders of record Jan. 20.
Payfollows: Feb. 14, 10 cents; May 1, 20 cents;
during 1942
"
;
share
•
(
:*—,- $50,'842,142 $48,562,428
$21,956,498 in 1942 and $21,094,730
157, p. 602.
for depreciation of
reserve
First, quarter —
; Second quarter
Consolidated Amusement Co., Ltdi—30-Cent Dividend
L
574,801
658,392
/
allowance has been made for depreciation.
no
.
l-
Thomas,
The .company
'!
1771.
.
»
21,360
f
.
595,761
1,811,980
...
.
,
$196,269
69,000
„
'
1
58,000
-.
1.000,000
Walter P, Paepcke, President, reports:,
"The consolidated r.et profit for 1942 was $2,401,748, compared with
$2,327,177 tor 1941.
In each case earnings are net after
administrative
charges, interest, and provisions for depreciation, bad and doubtful
.accounts, local and Federal taxes, including excess profiM taxes.
"These earnings are equivalent to $3.07 a share on each of tlm
781,253 outstanding shares of capital stock.
Quarterly earnings per
;
16,632
'
$177,424
Comptroller of the Chesapeake & Ohio,. Nickel
Plate and Pere "Marquette railroads, has. been elected Vice-President
V
/Period End, Dec, 31—
1942—3 Mos.—1941
of the three lines.—V. 157, p. 343.
'
■
/:'/'£,'VV
/v!' i'"^Net ■ profitJ. •.t$244,153 >■/: $115,946
lEamings-,; per.- shar-e..
t$0.15
$0.07
M.
$ i 86,144
4,791
-
150,087
24,997,70V
Container Corp. of America—Annual Report—
;
4,252
.
46.653
taxes.;.ju
'.uff^'Vj'-iLw.
V•;V
;
Edward
.
$135,744
i Provision
on
Chesapeake & Ohio Ry.—New Vice-President—
-
$191,478
"'
Feb, 15 paid an. extra dividend of 40 cents- per
regular quarterly dividend of like amount on the capital
company
revenue.
$173,172"
'
.
stock, par $20, both to holders of record Feb. I, - An extra of 40 .cents
was also paid on Feb. 14, 1942, and on Feb. 15, 1941v-*-V. 155, p, 693,
:
282,613
'
*
$132,503
3,241
■
■
.
.
'308.649
225,634
Operating profit
:
Whipple & Co., Chicago, are the
underwriters, handling 62,500 shares apiece.
They have agreed to
buy the stock from'H. R; Ourran, President and a director of the
company, and Mandel Lowenstine, Executive Vice-President, Treasurer
and a director, present -owners,, at $7 a share.
•'•••♦
The price at which the stock will be offered to the public will be
supplied by amendment;
The estimated price for the purpose'of , calcu-'
Jating the filing fee only was stated at $8.50 a share.—V. 146, p. 4110,
Davis
H.
The
costs-
oper;
16,873,000
40,750
—
—
"Less
common
with
Paul
&
par;....
...
.Total
$463,840
277,697
-
'
<$5 par)
'
surplus
$474,096
,33,920
$358,136
;
($100
364,778
40,756
132,654
24,470,000
1,000,000
....
.......
surplus
inc.r- from; metals
produced
statement covering the proposed sale of 125,000, shares
stock of the company now privately owned, has been
A registration
■
'
preferred stock
1,250,985
1939-
1940
,
:
stock
'Earned
-Earnings-
1942
milled_/.i"_
ore
Net ■;
Central Steel & Wire Co.—Stock Registered—
.
Ltd
3 Mos. End. Dec. 31—
-
652,Oo5
it
311,105
16,207,000
reserve...
Paid-in
prior lien preferred stock in 1942 were as
20, $1,50 each; Sept. 21, $3, and Dec. 10,
:
'
666.000
2,343,720
reserves
cumulative
8;^
iCommon
,
|
Distributions on the $6
follows:
499,954
537,714
falling due within one yeal*
inc. & exc. prof, taxes-.
deposits,,*...
debt
insurance
i Miscellaneous
,
Dec.
;
stock
common
501,467
209.173
489,400
preferred stock.,
Est. liability for Fed.
.Salesmen's
guaranty
this
of
■
$1.75. each;
20,
Southern
&
The
the prior lien
«
on
$789,334
145,963
537,074
218,315
taxes*
•
Commonwealth
'
share.on
per
payable
Dividend
South West Utilities Co.—Dividends—
Central &
'
Dividend
$1,334,700
bond purch.
war
security & sundry
,1
$2,555,643
year„_
surplus
,
'77,440
Refunds process.- taxes*
•
Total
:
Pref.
; Loss
7%
on
cum.
divs.__*
130,242
$2,429,730.
133,798
$2,137,170
86,609
disposal of non--
operating property
-Reduct. in Fed. inc. tax
'6,831,405
158,856
210,366
16,383
Dr84,146
■
Total
.'*_,
$50,842,142 $48,562,428
•
..
Earned^ surplus
—
$2,634,988
82.425,401
52,279,544
$2,050,561
THE COMMERCIAL & FINANCIAL CHRONICLE
690
windfall
for
•Reserve
in
tax
-12 Weeks Ended—
13 Weeks
jNet
income
into
****,—*-*
of
—V." 157,
602.
p.
default
representation
continuation
default.
threatened
or
of
of
"
publication of monthly reports of earnings
Hudson
Co,
and
the
provide for a continuation of the tax-free covenant
already existing in the present mortgage.
Counsel for a group of assenting institutional bondholders conceded
on
the record that the bondholders' group had performed a public
service for the bondholders in requiring the continuation of the
Tax-free'covenant.
«'
R.
of
Grace
Sterling,
Grace
"
■
Detroit Edison
present
members of the New
witness in favor of the
Co.—Earnings—.
Income
Calendar Years—
Account
(including
1942
,
Gross earns, from oper,:
440,
restrictions
Inc.—New Officials of Subs.
of tin, and
supply
available
in, the
W.
aircraft
the
in
been
made
Gladfelter ■ has
I.
Co.
of Crown Can
tions
field.
Total
'
1941
•
$5,000,000
3,000,000
3,000,000
1,930,000
Funded
debt
Notes
recoveries
Prov.
.1840
1939
554,986
for
$2,943,939
$2,348,960
1,907,786
-
1,512,045
$517,750
$550,709
225,908
$441,174
193,650
$329,082
223,511
Gross profit on sales
Selling and gen, exps._
3,268
2,151,701
3,,247,185
,*-*;
——
1,226,914
$14,818,188 $14,247,552
_
1236.
1
;
4,105,278
9,000,000
8,750,000
8,000,000
Doctor Pepper Co.—15-Cent Dividend—
74,688
adj.
war
dividend
A
102,471
stock,
146,723
133,486
~~2~333
~~2,280
124,955
324,955
135,188
7,'968,054
7,620,687
7,122,997
5,255,000
2,950,000
1,548,000
2,390
~~3~262
■
of
cents per share has been declared
15
value,
par
no
payable
Mar. .3
holders
to
on the common
record Feb. 18.
1,
of
Payments during 1942 were as follows: Mar. 5, June 1 and Sept.
15 cents each; and Dec. 1, a year-end of 85 cents.—V. 156, p. 1862.
480,000
124,955'
,
7,979,326
11,550,000
Dome Mines, Ltd.—40-Cent
Prof,
directors have declared
The
147
146
1,213
40,132
36,512
27,316
27,672
26,014
32,683
Br5,362
1,038
970
Dr54,747
Br28,555
Dr48,945
***
securs.
sales of securs.
on
MiScell.
other
Gross
income-*
5,198
37,636
.....
30,881
per
share in preceding quarters.
The company states that facilities will be provided to enable share*
holders residing in the United States to convert their dividend checks
into
United
States
funds
corp.
official rate
Value of
—*
—V.
343.
p.
Jan. 1942
Dec. 1942
Jan. 1943
production*——-*:**-—*«
157,
the Control Board.-
of
Output—
Month of—
funded debt—
on
Amort, of dt. disc. & exp.
the
at
2)r51,623
income** $12,644,602 $18,628,382 $18,951,612 $15,658,538
4,873,194
5,298,319
5,828,783
5,714,471
;;
890,745
407,006
330,961
Other interest
49,775
50,321
43,506
60,430
Int. charges to constr'n
Crll6,087
Cr54,159
Cr60,417
CrS7,619
Int.
Dividend—
dividend of 40 cents per share on the
stock, no par value, payable in Canadian funds on April 20 to
of record March 19, subject to approval of the Foreign Ex¬
change Control Board.
Like amounts were disbursed on Jan, 20, 1943,
and on April 20, July 20 and Oct. 20, 1942, compared with 50 cents
Value of Bullion
148,548
a
common
fronj operations- $12,521,464 $18,408,032 $36,773,448 $15,583,338
mdse. & job*
115,296
185,193
154,928
53,107
from
Other interest
$1,841,127
2,393,230
***/
___
A dividend of 25 cents per share has been declared on the common
stock, no par value, payable March 1 to holders of record Feb. 11.
Payments during 1942 were as follows:
March 3, 50 cents; June l
and Sept. 1, 25 cents each, and Dec. 1, 50 cents,—V, 156, p. 1772.
22,889,824
4,948,124
,
post
Int. on mktable.
1,987,593
surplus
holders
Inc.
Inc.
of goods
sold (in¬
depreciation)*.
16,422
2,335,395
***_*—^—*^**—*—*-.—__—
reserve
156, p.
94,886
327,913
278,316
:
Dictaphone Corp.—25-Cent Dividend—
less
IProv. for income taxes
1939
$2,505,343
sales
cludes
24,590,841
5,112,956
9,930,000
of electric plant
acquisit'n adjustment
Taxes (oth. than income)
Vice-President in charge of opera¬
include complete direction of
1940
duei/*****-***.^**—.
—
Total
—V.
not
Amort,
.
1941
234,553
140,042
167,374
\
-
•
27,1301,251
Amortiza'n of franchises
steel, the
1942
trustee of
sold to
Unappropriated
4,884,907
repairs-
Uncollectible accts.,
Dividends
Net
*******T—*——
Advance
appropriations
to retirement reserve-
Crystal Tissue Co.—Earnings-
Cost
—
Depreciation
'.
29,274,693
sell. & adm. exp. )
gen.
Current
His new duties
calendar Years—
$14,818,188 $14,247,552
$7,000,000
stock
$76,822,423 $73,575,052 $65,893,821 $59,534,612
—
—
Maintenance &
and production operations.—V. 156, p. 2221.
all company .engineering
—
pension fund—221,785
Advances from A. T. & T. Co.
135,000
Capital
Oper, exps. (incl. rents &
engaged .100 % in the manufacture of essential containers for
oil, chemicals, etc., and has large contracts for war material,
food,
^*—
8,050
358,635
277,465
47,043
52,425
19,912
***_
is
particularly
——*:
Deferred credits
'
•
subsidiaries)
department.,/ $74,317,410 $71,301,692 $63,406,925 $57,249,389
Steam heating dept.**
2,064,243
1,847,961
2,064,502
1,870,748
Gas department
423,381
408,273
407,748
399,861
Miscellaneous
17,389
17,126
14,646
14,613
President.
time
,
*L——**_*
billing for service & customers' depos.
Accounts payable and other current liabilities*
Electric
-
position of Vice-President in Charge of General Line Sales.
His
latest promotion makes him responsible for all company sales..
S. Carle Cooling continues in his capacity as General Sales Manager
of the Packers Can Division for Chown Can Co.
The Crown Can Co. has its headquarters in Philadelphia.
Owing to
war
——
-
—:
Accrued liabilities
elected Vice-President in Charge of
according to an announcement by Richard
Mr. Braithwaite joined the Crown organization
in 1936 as Divisional Sales Manager for the parent company, Crown
Cork & Seal Co. of Baltimore.
In 1939 he was placed in charge of
Crown Can Co.'s New York sales office and last year elevated to the
firm
—
supplies—
Liabilities-
Co,,
&
York Stock Exchange, testified as an expert
proposals advanced by the bondholders' group.—V. 157, pp. 343,
Sales of the Crown Can Co.,
Swartz,
:
,
Oliver
Howard Braithwaite has been
F.
194]
1942
receivable
and
Total
—
Pi
31
$13,860,847 $13,417,411
67,975
66,611
——
.
trust
to
.
Crown Cork & Seal Co.,
funds
Material
Railroad
Delaware & Hudson
Sheet, Dec.
Balance
r
8,350
501,836
267,855
Prepayments
56,718
Unamortized debt disct. & expense—
„—
50,453
Other deferred debits
********——,
4,155
Working
Accounts
the
1
Total plant and other investment
Cash and special deposits
**
covenant'existing
tax-free
the
boards
the
on
-
$245,630; demand note—payable to parent
company, $425,000; contingency reserve under New York workmen's
compensation law, $100,000; .7% cumulative preferred stock (par $100),.
$1,815,500; $8 cumulative dividend preferred stock (36,419 shares, no
par), $3,641,900;
common stock (100,240 shares, ho par), $851,200;
capital surplus, $308,345; earned surplus, $2,634,988; total, $10,469,464.
tax,
for
Delaware &
the
indenture
Liabilities—Accounts payable and accrued expenses, $446,901; reserve
income
of
Comparative
Assets™-*
Corp. on the basis used for computation of the sinking fund.
Counsel for the companies agreed to amend the proposed hew
hand, $879,760; U. S. Treasury .1%%,
bonds of 1948—at cost, $100,000;' customers' accounts receivable (less
reserve $8,090), $145,611; sundry trade accounts , claims and advances,
$4 373; flour, ingredients, supplies and products, $571,765; sundry real
estate'and miscellaneous investments, $249,887; statutory deposits with
State authorities,
$135,397; property, plant and equipment (less re¬
serve
for depreciation of $3,013,645), $4,834,972; deferred charges,
$278,393; goodwill, trademarks and organization expenses, $3,269,306;
total, $10,469,464.
Federal
price.
bondholders'
event
provide
fair
a
for
provide for
(6) To
Assets—Cash in banks and on
for
the
at
in the present bonds.
1943
2,
Jan.
Sheet,
Balance
in
(5) To
$95,227
$107,757.
$150,356
$216,912
>
provide
directors
depreciation, all Federal taxes and all other charges.
^After interest,
stock
common
(4) To
t
Dec. 28/40 Dec. 30/39
Dec. 27/41
Jan. 2/43
1
(3) To provide an option for the bondholders to convert their bonds
as determined by
of liability
excess
1940.
Treasury Department in
Monday, February 22, 1943
V $504,565
$525,127
$630,099
■
,r
.
__—.__*
Net profit on sales.,—
.
Other
expenses
taxes
Fed,
Net
on
22,400
(net)**
income—
income
.
25,882
•166,936
,
146,655
.*
Dividends
Shares
19,800
19,800
19,800
106,950
93,002
81,375
•After post-war refund of $13,078.
•Par
$20.
in
1941.
'■"1>"7\ '
200,286
;
Other XJ, S. Government obligations***********:
Fund on deposit with insurance company**;
;*
Accounts
receivable
(customers)
__*_
*
15,395
151,703
357,988
_—,*.
Insurance
lives
on
of
—_—*.._****
officers
(cash
and
Plant
property
(net)
300,581
Inventories
1,922
2,500
6,625
Loans to
887,677
18,592
„
_*■
29,354
Total
.
—
$1,738,881
Preferred
9,900
-
dividends
Federal taxes
Other
9,900
tax
:*.;-.
.
payable
;****____;
income——
on
180,014
reserves
stock
closed or
146,452
Premium
640,000
Detroit
378,817
Great
_/*_*_*__. ^A:**1.
Edison
Lakes
195,798
$1,738,881
$1,748,461
•Profit.—V.
1941
1942
$1,879
•$4,414
155, p. 917.
The
directors
the
320,000
3.260,000
1,436,812
14,557,203
1,151,852
Feb.
on
—
declared
15
dividend
a
of
25
8,888,864
1,185,182
139,020
income taxes accrued-**—.
funded and unfunded debt*.^
128,700
._*_*«i*„*.*^
Great Lakes Power Co. mortgage bonds—
Construction note instalment due within 1
year
Dividend declared payable in
January
cents
per
share
*
6,310,000
582,106
136,152
420,326
$1,023,301
$972,965
616,741
616,741
$699,295
616,741
$371,429
616,741
no
[deduction for the Wisconsin Privilege Dividend Tax.
durihg 1942 were as follows: March 16, 35 cents; June 15
Payments
and
V.
Sept.
156,
15,
p.
■
cents
25
each,
and Dec.
15,
a
year-end of
40
centst—
2221.
Other reserves';
735~000
1,908,390
-
513,951
513,951
513,951
$1.99
(no
paD-
share
$1.89
479,785
79,218
/
$1.36
Period End. Dec, 31—
1942—Month—1941
Operating
revenues*.*/
Operating
expenses—
Federal
Other
taxes
taxes
$511,485
$328,353
284,593
218,299
61,107
.**•
—
Co.—Earnings—
69,542
.
/
2,026
$3,514,275
2,393,026
Consolidated
Balance
Sheet,
26,878
15,401
13,135
177,668
162,120
~*:-*-*
110,056
51,883
613,128
416,523
revenues-
$40,328
$43,010
$609,428
$515,728
15,505
146,049
186,063
$27,505
$463,379
„
Property retire,
appropriation
reserve
■
The directors have declared
5%
oper.
for lease of
plant
$6,861,734; accounts and bills receivable
(less reserve for doubtful
accounts), $3,458,953; stock of steel, supplies and small tools (less.
$3,691,788; 2,649 fully paid no par value shares, $40,084;
total,
$598,030;
$30,067,564.
Liabilities—Capital stock (513,951 shares, no par), $15,921,366; re¬
accounts, $1,181,358; refundable portion of excess profits tax,
$371,013; earned surplus account, $2,674,240; dividend payable, $154,*
185; bank loan (secured), $125,000; bank loan for tender deposits,
$5,385; reserve for taxes, $5,783,799; sundry accounts payable, $3,851,217; total, $30,067,564.—V. 156, p. 1149.
serve
Earnings—
/"1...
.
/./V 1942
taxes
565,600
«*»****—**/*/w**—i*///*—**/*//.'. 1,054,894
10 Mos. End. Oct. 30—
/
for Fed. income & excess profits
Income
taxes
Net profit
•Earnings per
Operating income—**
Other
income
income
Gross
Int.
$40,328
$27,505
$489,046
281,753
12,849
$330,040
23,515
1,959
$2,031
$194,444
$23,075
103,901
3
income
Divs.
375
23,221
deductions
Net
$329,665
$40,328
„*__,
mtge. bonds-—*
on
Other
-
25,667
——.
$17,104
applic. to pfd. stock for the period
282,180
24,785
26,901
Jan.
on
2,
2,
Mar,
June
$1,305,593
;
share
^1 $1.86
$167,543
157,
• $80,826
Diamond
Total
State
Telephone
operating
Current
Traffic
Delaware & Hudson Co.—Amendments to Bond Plan
Proposed By Bondholders Group—
At
hearing
a
Delaware
sented
&
595,243
,——
-
expenses
on
the
repre¬
Condon, was granted leave to intervene, and
proposed that the plan of readjustment be amended as follows:
<1) To provide for the payment on May 1st of a larger cash sum
than 10%, commensurate with the company's strong financial position.
(2) To provide for the additional pledge under the mortgage of
of
$3,084,847
1940
such
of
proceeds,
the
Delaware
marketable
the
as
&
Hudson Railroad
securities;
entire proceeds of
asked
by
and
for
Corp.; for the earlier sale
the devotion to the sinking
such sale, rather than
the companies.
one
the
common
$2,685,170
.
715,941
588,173
540,761
'
'445,542
192,184
270,427
223,832
255,566
204,459
172,912
-153,127
162.897
136,379
$636,610
$586,520
$620,413
16,641
6,751
******
156,149
9,800
14,049.,
—
income
Income
Interest
Other
avail,
on
for
funded
interest
fixed
*
44,986
charges*
debt
.
1,278
1,298
$605,672
$601,883
90,000
$625,866
&
58,265
15,936
Div.
J
■
appropriations—common stock
■
.
1,972
/<
$454,855
*
90,000
.
1,972
expense*
•
income
90,000
58,845
*
*
Amort, of debt discount
Net
„
1,972
—
$451,645
-
$517,958
432,500.
400,000
400,000
$22,355
$51,645
$117,958
half of the
Income
balance
*
no
of
10
cents
per
share has
Dividend—
been
declared on
value, payable Mar. 20 to holders of record
of like amount were made on this issue on
par
Distributions
The
previous
payment
was
on
,,
Manufacturing Co. (& Subs.)—Annual Report
financial-resources
states in part;
of the
company,
' v
^ ;
/
which were ample for any
.
.
.
requirements, have turned out to be "insufficient for the
greatly expanded war volume, and Government help made available for
just such situations has been used advantageously by the company.
Borrowing under Regulation V is expected to increase still further, as
sales volume builds up, during the coming year.
The Regulation V type loan of $6,000,000 appearing as a current
liability on the consolidated balance sheet as of Oct. 31, 1942, was
peace-time
to The Bryant Heater Co. last July by a commercial bank,
guaranteed to the bank by the Government.
The loan
the tremendous increase in Bryant's war business
for which Bryant's working capital was wholly inadequate.
The loan
agreement provides for a reduction of the loan at the company's
receivables and backlog of orders under its war-production contracts
granted
and
is
90 %
necessitated by
reduced.
1942, amounted to
37% over the corresponding figure of
$3,637,865 as of Oct. 31, 1941.
Receivables as of Oct. 31, 1942, had increased to $5,034,611; this
compares with receivables one year before of $2,172,506.
Similarly,
the inventories rose during the fiscal year to $8,505,433 from $2,918,169
12 months previously.
Not only have inventories increased substan¬
tially, but inventory control has been made difficult by the frequently
changing Government priority regulations and the ever-continuous
military necessity for modifications in product design.
These sharp
expansions in receivables and inventories reflect the rapidly rising
demand for war material that can be fabricated by Dresser divisions.
In addition to expenditures for the company's own account, outlays
for equipment and tools amounting to approximately $3,000,000 under
regulation contracts of Defense Plant Corporation were made or
authorized by it for the account of the United States.
This Govern¬
ment equipment is being installed in. the factories of Clark, Pacific,
and .Bovaird & Seyfang,
and has been leased to the company by
Defense Plant Corporation under an option to purchase at depreciated
324,776
from
divldenid
stock,
are
expenses
income
Miscellaneous deducts,
$1,309,331
$1.87
^
176,971
"
44,548
security taxes
1,184,335
293,160
-382,963
-
The
was
by Lawrence R.
and
fund
Statements-
50,452
taxes
the marketable securities in the treasuries of the Delaware & Hudson
Co.
157,
53,145
taxes
profits
State, local & social
Other
stock
common
year.—V.
—
and miscellaneous
income
excess
last
1941
452,455
220,074-
:*_
*
Net operating income
before the Interstate Commerce Commission
bond plan, a large group of bondholders,
Hudson
interim
An
H.' N. Mallon, President,
.
$3,616,704
721,244
revenues.:,
expenses
General
1,
,
Co.—Income
maintenance
Commercial
classes of
Dec.
■
1942
Depreciation expense
Federal
218.
p.
and
calendar Years—
Federal
•Deficit.—V.
1
:
Operating rents
Balance
the two
on
157, p. 344.
Dominion Stores, Ltd.—10-Cent Interim
20 and Nov. 20, last year.
2, 1935.—V. 156, p. 1149.
a
1, Sept.
1941
151,210
,
700,000 shares of common stock.—V.
Jan.
29,269,470
cumulative preferred stock
p. 602.
bank, $2,909,-
reserve),
22.
•
Iric.—Regular Dividends—-
tions of 25 cents each were made
Net
Rent
1942
81,
478J Government and other bonds and securities, $2,224,056; deposits
on tenders, $82,942; expenditure on uncompleted contracts at standard
cost, less reserve (less amounts received on account of $18,248,151),
Feb.
•55,048
quarterly dividend-of $1.25 per share
and the regular quarterly divi¬
dend of 25 cents per share on the class A and class B, common
stocks,
all payable Mar. 1 to holders of record Feb. 20.'
Quarterly distribu¬
the
on
Oct,
Assets—Fixed assets, $10,200,498; cash on hand and in
Dresser
Devoe & Raynolds Co.,
$0.72
,
'
•Deficit.
53,843,779
3,490,168
•
57,415
29,953,441
1942—12 Mos.—1941
$4,625,217
,2,914,259
1
310,734
513,951
on
capital stock
380,201,171 373,705,589
^
par"—V~ 157," pT~440."
•$20
1,828,902
-
142,903
64,577
'60,142,479
4,252.151,
Customers'
Total
Dallas Railway & Terminal
•$242,312
$82,556
1,911,457
surplus
stock out¬
Earnings per
$356,224
2,267,681
$406,560
—
loss
cap.
standing
/
—
*
and
•On
deposits for line, extensions**———
Earned surplus
„
2,226,455
420,605
104,829
__
*/—**—/*A**—/—*;■—/
95,139
Reserve
1,050,000
Retirement reserve ——i**^—/**—***—/_*J
86,054
832,292
733,795
Dominion Oilcloth & Linoleum Co., Ltd., of Canada—
320,000
tal stock reacquired
by the company/::*.——
Miscellaneous items **/„/***-r/***.
._*/—/**
2,815,181
Aug.
There will be
76,608
87,346
5,510,750
1,015,360
3,884,839
deposits
!
Dep. by employees for U. S. War Savings bonds
Deposits by employees for the purchase of capi¬
stock, payable March 15 to holders of record March 5.
common
on
Customers'
Cutler-Hammer, Inc.—25-Cent Dividend—
on
refund, mtge. bonds 134,0.00,000 134,000,000
mortgage bonds, 6%
Co.
estimated Federal
**_***_*/*_*/__*_****,_,
763,517
&
gen,
Miscellaneous accruals
6 Mos. End. Dec. 31—
•
Co.
Power
763,517,
Construction notes
«*—*-**—*—_**—**—*/
Accounts- payable *„—*_*—^**^//^*.—
Property and general taxes, and provision for
Interest
Crystalite Products Co.- -Earnings-
*——
**———
suspended assets,
/^*—*__**r.i(*;/*^*l 127,226,000 127,226,000
stock****—-**-/*_::*:/***
capital
on
(assumed by The Detroit Edison Co.)*—_*_*
—V. 156, p. 1046.
Net1 loss
employees
**/_/_„*—-/ 380,201,171 373,705,589
•Capital stock
,
__
256,528
,!**_
assets
Liabilities—
15,158
394,170
____
Total
376,161
243,174
banks
**_.„***!
'Total".
250,000
195,798
.
54,189
106,320
2,814,897
•
and
trust
companies
under restrict, f est. realizable value)
13,601
_***
Common stock (93,000 no par shares)**_i_
surplus .*/____
Surplus arising from proceeds of life insurance
Earned
■
against,
250,000
640,000
*
cumulative preferred
8/,»
2,600
66,945
18,417
2,770,732
246,980
3,600
18,418
Capital stock reacquired for sale to
payable
490,069
52,614
$112,336
Liabilities—
Accounts
424,529
employees
Other miscellaneous
$1,748,461
$55,397
-
,_*__*4t—*__'
Casualty and contingency investment fundLong-term contracts receivable*****—*_**_
Claims
.
Surplus
Shares
9,886,768
740,223
9,316,922
761,428
9,733,743
^**L*_**_**i***/*i-**—-.**''
i-
Bonds and other investments, at cost
6,625
812,601
___
*
.
_*'
9,057,861
Prepayments
4,509
2,500
income
Profit
1.000,000
Accounts
13,078
.
1939
$1,028,345
23,830
23,640
and'
**—***_„*
for income taxes-
Net
*/—-*^i*—* 348,735,166 342,835,028
7,196,233
6,697,215
C*__*_
receivable, trade
****_***__u***-,
Other accounts receivable——
1940
$2,223,386
1941
1942
$$7,660,593 $$4,641,421
23,837
24,340
Depreciation
deposit in banks
on
U. S. Treasury tax savings notes, series
surrender
Treasury stock (25 shares preferred)-Stocks of other corporations
Deferred charges
53,800
salaries
legal,fees-
Res.
Dividends
Fixed, capital
Cash on hand and
249,855
Executive
...
1941
Assets—
15,700
41,173
Merchandise, materials, and supplies inventories
Post-war refund receivable***
80,128
——
-Earnings-
•
-
1942
$120,319
**_——
Directors' fees
•
Consolidated Balance Sheet, Dec. 81
$114,429
Years Ended Oct. 31—
Total earnings
$7.58
$8.43
1941
1942
Treasury tax savings notes
$1.96
^Includes provision for excess profits tax of
(after*post-war refund of $800,000) and, $1,420,000
1
Balance Sheet, Dec. 81
Assets—•
U. S.
$1.23
$9,640,296
7,610,021
fl.272,260
tPar $100.
$8,200,000 in 1942
'
;
.
$7,837,720 $12,443,156 $10 732,734
7,941,974
*—*•.
7,019,221
•6,361,300
•6,361,300
f1,272,260
/*
_**——*
of
capital stock
Earnings per share****
$118,433
$154,640
*/*****„..
Net income
26,795
19,800
dividends
Common
Dominion Bridge Co., Ltd. (& Subs.)
35,306
69,750
dividends
Preferred
$152,264
$104,903
$180,534
$247,524
22,665
70,218
$324,801
$294,240
,
The consolidated
$5,006,583,
values.
an
net working capital on Oct. 31,
increase
of
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4153
Volume 157
691
'
equivalent to 1977" of net income available
$10.16 per share as against earnings of $5.15 per
each $100 of sales; $1,480 for each employee; $63
wages paid,,
to shareholders;
share; $11.82 for
for each $100 of
•
,
sales
Cost
of
—
sold.,-.-.
goods
1^
Oct. 31, *41
"Likewise
$11,833,753
8,013,439
7,996,017
21,710,339
fortunate
,
,
.
fact
the
was
credit
du
Pont
had
$6,912,362
4,645,092
continued,
been
equal
10%
to
of
Statement
expense
$7,086,348
2,352,031
$3,763,861
1,691,220
$3,837,736
1,686,434
from
Profit
Other
$4,734,317
$2,072,641
$2,151,302
$913,454
Dr63,381
26,084
28,606
38,052
oper.;____
income
(net)
$4,670,936
income
Gross
Depreciation
Net
profit
112,942,419
§1,088,110
See*
•
this
—______._
dividends
$1,728,517
$1,010,615
$1,196,683
335,000
335,000
:■
,
,
$540,612
Com. stock outstanding
350,000
335,000
300,000
Earnings per share,,..—
$5,16
$3.57
$2.55
■"Provision for depreciation amounted to $528,635 in 1942, $224,195
in 1941, $218,458 in 1940, and $240,158 in 1939,
(Includes $454,250
—a
$561,683
$675,615
335,000
$3.01
$1,393,517
sidiaries
.
(date of acquisition).
that
conception of the magnitude of the undertaking," the report
"may be gained by appraising roughly the savings in costs
have been realized for the Government, largely, as a
Assets—
Cash
iii,
;
■-.
Oct.
have
made
,*In
.
$1,613,750
2,172,507
5,034,611
8,505,434
Net receivables from distributers (not current)67,108
Past due trade notes receivable-—.
Investment in and advances to affiliated and
subsidiary companies (less reserve)
49,849
Post-war refund of excess profits taxes (est.)-;
39,068
Miscellaneous receivables, etc,
——
■.
33,369
(Property, plant and equipment—:———
3,445,475
Plant assets of The Bryant Heater Co. at date
of acquisition
__j§Emergency facilities
1,007,823
Patents;,
'1
Deferred charges
i-%-';'/. 244,478
■•■Receivables '
■
■(Inventories
reduced
2,918,169
—.
It
23,816
The
847374
-
73,776
■»
*
payable to bank——$6,000,000
Portion of long-term debt maturing within one
year":.—J 150.000
Accounts payable
_____
2,971,411
Advance payments on contracts—
1,115,720
Accrued taxes, interest, royalties, etc. —260,003
Accrued salaries., wages, and commissions—i.—
423,060
Fed., State, & Canadian taxes on income (net)
2,834.395
Long-term debt
———
1,350,000
■.
;
for
contingencies
(no
Capital
surplus
Earned
————.
—.
■'
109,200
128,983
280,939
1,328.463
750,000
100,000
3,350,000
181,319
854,260
.4,339,494
surplus
"The
$1,218,977
;'.v 3,350,000
7-.
Total
•Less
reserves
of
$169,640
in
1940
and
.
in
In
payments
1941.
(Less
$2,649,297
in
1941.
(Less
in
to
Acts
$523,463,385,
about
,
,
'preceding.
The
There
was
a
projects
Overall savings
outputs than were anticipated have
several additional explosives .plants,
'
Congress
has
"In
whole,
a
the
been
report
made
stated
that
the
balance
sheet
and
du
and
Pont
are
said
"most
be
to
encouraging
;
;
has
conversion
for
new
uses
value.
is
believed
that
from the
•
.
(net
Other
of
payable
Motors
etc.
for
Income
from
Invest,
in
com.
controlled
authorized by. the Government, "because neoprene; is the one
synthetic rubber which has been shown to be the full equivalent in
quality of. natural rubber for combat and heayy duty tires." .
The report states that every effort is being made by the du Pont
company to complete the authorized expansions as quickly as pos¬
sible, but • that failure to obtain allocation; of sufficient-. essential
materials is delaying construction,
"The silk embargo late in 1941, followed by war with Japan, found
the nation fortunately situated in respect to replacing this essential
being
other
income
stock
for
10,000
1941,
and
provision
prior years in
Total
the
'
for, taxes
;
excess
and
insurance,
for
for
14,476,253
8,288,268
8,631,668
21,900,000
applicable
to
222,450,240 221,315,240
168,885,000 168,885,000
168,885,000
obso¬
183,969.451
etc.
157,219,870 133,580,843
27,274,152' 16,878,544
30,559,767'
____
35,617,907
30,866,620
26,859,314
285,235,672 264,254,797
303,493,297
company.
1,041.089,533 1,069,399,343 934,892,276
shares
and
SGeheral Motors Corp. common stock:
at $21.60 a share in 1942, $20.80
per share in.
share in 1940.
Ulncluding provision for Federal
carried
$20.25
other
stock.
■
per
taxes of
$3,613,526
99,780,000
57,504,097
in
1942,
11 Including $25,905,904 in 1942, $25,599,404 in 1941, and
$25,1940, representing obligation to trustee for funds borrowed
pension trust (the actual liability under the pension plan at
Dec.
31, 1942, is computed to be approximately
$10,498,000),
ing from renegotiation of war materials contracts./
directors
common
23.
Duquesne Brewing Co. of Pittsburgh
Other
profit
1942
.
on
inc.
$3,778,472
1,927,231
298,485
305,147
59.741
63,223
.15,864
25,625
400,163
and surtax
for Fed. declared value excess prof, tax,
Provision for. State income tax—
:
Post-war refund of Fed.
100,401,470
tax
.
383,344
/ Prov.
3,497,742
42,897,373
$3,980,534
1,917,367
disposal of fixed assets—
Provision
3,410.000
$3,725,502
52,971
.'■.66,717
.■
Selling, advertising and admin, expense
Depreciation;
Interest on bonds, notesj' etc.—
Loss
1941
$3,913,818
sales_^.__^
on
income;
3,809.631
46,307,373
-Earnings-
Years Ended Dec. 31—
/Gross
2,065,935
63,637,401
§§Result-
on
Feb, 15 declared a. dividend of $1 per share on
stock, par $20, payable Mar. 13 to holders of record
Payments during 1942 were as follows: Mar. 14, $1.25; and
June 13, Sept. 14 and Dec. 14, $1 each.—V.
157, p. 218.
the
37,500,000
3,184,000
income
income
in
••Represented
shares
201,904 in
26,440,580
•
6,875,098'
______
222,450,240
pensions
1,500,000
Net
;
;
for Fed;
income
4,074
50,642
profits tax
excess
excess
59,784
166,119
Cr29,057
profits tax
$700,095
$850,588
313,732
;_
dividends, paid—
■
.
560,571
376,473
Balance Sheet, Dec. 31, 1942
■
"
notes,
savings
$30,380;
on
hand and in banks,
$370,918;
receivable
due
from
(less
other
U,
reserve
Commonwealth
S.
for
of
$1,156,582; U. S. Treasury tax
marketable "securities, $200,000;
doubtful
Pa.
for
of
accounts
excise
tax
on
$2,903),
out-of-
shipments, $82,938; inventories, $1,138,341; other current assets,
$11,905; property, plant and equipment (less reserves for deprecia¬
tion of. $1,885,807), $5,231,732; claim for post-war refund of Federal
State
in
of requirements
5,303,874
'
—
68,941.275
contingencies
100,401,470
5,000,000
r__„
Provision
20,383,601
5,991,190
12,867,823
1942, $117,593,269 in 1941, and $51,by common shares of $20 par value
35,651 shares in 1941, and 33,297
shares in 1940 in treasury held for awards to
employees under bonus
plan),
t(Represented by 1,688.850 shares of $4.50 preferred (no par)
-
3,969.280
other
on
58,367,740
26,239,727
—^
089,374 in 1940.
(includes 23,447
48,258,243
.
Operating and other income
of
1,899,956
127,708,835
_______
Asset.s-%Cash.
Reversion
1.899,956
—______________
deprec.
for
accounts
commodity," says the report.
"Rapid expansion of facilities for the manufacture of nylon yarn,
the, first of which had come into commercial production about a year"
3,514,921
1.899,956
iin 1942 and $24,968,354 in 1941.
The
companies
income
Other
15,672,208
5,048,061
ad¬
Total
;
22,851,215
on
12,786,431
22,248,500
20,000,000
(net)_
taxes
1,069,399,343 934,892,276
•Including U. S. Government advances of $30,120,991 in 1942 and
$19,038,691 in 1941.
tAfter reserve for doubtful accounts and notes of
$2,685,986 in 1942 and $2,086,698 in 1941.
fMarket value, $6,996,604
Cash
provision for Fed.
2,820,022
1,041,089,533
awards
ffReserved
will
26.035,215
Loss
30,035,337
3,879,751
':;•?;,/Total income
riot
Miscellaneous
38,980,023
stock___„
payable,
lescence
21,900,000
wholly owned
Reversion from reserve.for doubtful accounts__
.
5,336,102
5,705,381
455,835,207 410,779,212
3,851,670
advances™
bonus
Reserve
from
44.718.141
40,786,186
Corp,
2,993.046
$1 Dividend—
..
91,633,000
.
40,169,897
38.943,767
to
employees
plan
§§Liability to U. S. Government
♦•Common stock
ftPreferred stock
■
271,369,369
32,140,989
■
38,363,807
469.401,755
________
accounts
Surplus
292,285,069
__________—
General
;
38,844,941
—_____
Prov. for normal. Fed.
from
v
;
acquired for. awards.
Govt, .contract
vances,
523,463,385 503,352,294
Selling, general and administrative expenses___
Provision for depreciation and obsolescence_^__
Provision for' payment to U. S. Govt; resulting
from renegotiation of war materials contracts
•Provision for Fed. taxes on operating income
Divs.
7,811,000
companies
—______
Reserve
goods sold and other operating charges
.
to produce, through fixa¬
S.
Feb,
(exclusive of charges shown separately below)
income
216,000,000
employees under bonus plan
under
498,313,857 480,109,939
25,149,528
23.242.355
operating revenues
Operating
affiliated
stock
Prov.
outward
allowances,
Total
Cost of
10,709,470
124,968,354
19,979,306
208,000,000 202,500,000
'
to
'
investments
Miscell.
.
returns,
respect
payable on pfd.
IIAccrued liabilities
for resuming
,"•■//•;
etc.)
freight,
stock
common
tax
Divs.
are
$
•Sales
______
Liabilities—
U.
income
neoprene, nylon and many other products
with greatly enhanced importance."
war
$2,378,951
7,805,545
100,200.000
6,996,604
with
Accounts
peace.
■;
$
75,558,944
war
:. /
.
Motors
Total
developing
are
notes
and property__„^____^__
Patents, goodwill, etc.
Deferred charges
working
are
84,020,738
receivable,
——7,745.927
credit
in
1940
*71,058,209 120,280,677
139,413,401
29,534,023
accts.
;
etc.
Plants
deter¬
subsidiaries
"other
in
31
wholly-owned and miscel-
Com.
to
44,683,912
securities
laneous
1941
equipment by the Government, as well as a substantial part of the
dyes for military woolen goods."
It adds: that the American dyes
industry has ample plant capacity tp meet all military and essential
civilian needs for dyes during this war.
Referring to synthetic rubber, the report recalls that du Pont began
the commercial manufacture of neoprene in 1932.
By May of 1941
it was producing 6,000 tons annually, and was making provision to
more than treble
its output.
The rubber crisis early in 1942, and later the recommendations of
the Baruch Commission led to a material increase in neoprene capacity
chemical industry now has facilities
not
Consolidated Income Statement for Calendar Years
■
consolidated
controlled
its
possibly be augmented upon the return of
•
ability
phases of its air program which otherwise might have been retarded
materially.
Also, nylon filaments ai'e relieving a shortage of Asiatic
bristles once used widely in all kinds of brushes.
Invest,
required closing or radical
alteration of plants," says the report.
"The uses to which the com¬
pany's products are put have changed, rather than the products them¬
selves.
For example, nylon yam formerly devoted almost entirely to
hosiery is now devoted entirely to parachutes and related military
uses,
yet the yarn is produced in the same plants from the same
materials.:
".■
;:■/
\
/ \"V
; •
"It
Font's
"The
has
carried
1941
,
119,795,273
profits
excess
amount
Government
Dec.
receivable-,-
notes
Treasury
SGeneral
When the TNT
the
S.
Post-war
per¬
a
Greater unit
made unnecessary the building of
previously, was already under way with du Pont 'funds.
Since then
eptire output of the company's two yarn plants, which are now
operating at full capacities, has been reserved by the Government for
military purposes, to the exclusion of its use for hosiery and.other
civilian goods.
"Nylon's unique ability to replace silk with a stronger, more versatile
fiber'has enabled the Government to carry out successfully vital
U.
essential to the success of the,
free license under a group of
with
stated
the
in
that
prospects
instance
no
emerge
growth is cited as typical of the growth of tl?e chemical
industry.
The company says that it is now supplying "more than
half of all the fast dyes required for cotton uniforms and similar
Du
as
be
of
time
of) the American chemical industry to cope with the
problems of an unexpected war is the direct result of its diligence in
peace-time to keep abreast of progress in a changing world," observes
the report.
V'V.
;v :v;'
.%'■.%'
'■ "••,/'lV://
"The
service
and
Marketable
under the pressures of war;
so-called substitute materials are often proving superior to those they
replaced; new products and improved processes are being created by
intensified research.
The majority of .these advances
have peace¬
reported that all Army and Navy ordnance
assigned to it are on or ahead of contract schedules.
to the Government have been in excess Of $260,000,000.
all
Sheet,
1942
—
advances,
of
du Pont processes will be
"Moreover,
'.
company
program
quickly the company's peace-time business.
and
accordance with provision of the
credit to income of $5,300,000 repre¬
senting reversion of provision for taxes on income in prior years in
excess of requirements.
Earnings applicable to the common stock were $5.07 a share, com¬
pared with $7.49 in 1941.
Dividends paid on common stock aggregated
$4.25 a share, compared with $7 a share in each of the three years
statutes.
for
'
Miscellaneous
"Many similar diversions of established products have occurred. In
practically all cases it is expected that the former use will revive
gencies, as against $10,000,000 , in 1940 and again in 1941.
Provision
was made for payment to
the Government of $21,900,000 as a result
renegotiation of war contracts in
stockholders
'know-how'
and
processes
Post-war
4%
in 1941.. Consolidated net income, including dividends
from holdings of General Motors stock, was $63,941,275,
about 29% less than in 1941.
The consolidated income includes income
received for operating Government-owned plants, the sales from which
are not included in the sales figure.
;
Higher labor rates and other costs, higher tax rates and lower
returns on investments were responsible for the decline In earnings. ;
Five million dollars was set aside for post-war and other contin¬
Federal
Pont
employing 190,500 men and women, of whom 111,700
in Government-owned war plants.
of $20,000,000
of
du
investment
investments."
Inventories
the
The report
than
greater
performed by it for
of the cost to the Government
how
„
were
by
1925
to
Canadian
a
(Including Wholly-Owned Subsidiary Companies)
Accounts
work
construction
of
earned
and
to 1942, inclusive, is $158,surplus in prior years $4,364,113
from
added
Cash
statement to reflect the effect of this settlemnt.
Co.—Annual Report—
largest sales volume in its history and the smallest net income
since 1938 are revealed by the company in its 1942 annual report dis¬
tributed to 84,376 stockholders.
revenues
du
the
for
Pont
mined its findings and has called upon the company to make pajunent
of $21,900,000 to the Government,
The company will negotiate agree¬
ments making this settlement final, it was stated.
Appropriate pro¬
The
285,235,672:
$
applicable
expenses
madq by other companies under
greater than that made by du Pont."
i
In respect to the renegotiation of war Contracts under operation of
on
operating
deducting
over
TNT
reserves
other
after
out-of-pocket
reimbursement,
surplus
was
revaluing
Assets—
building and operation of war plants for the Govern¬
the three-year period 1940-42, was equal to approximately
25 cents per share of common stock, substantially all of which was
earned in 1941 and 1942.
/
ment,
vision
and
all
make
United States Government is of du Pont's development.
lines now scheduled are all built and in operation,
3,080,478
.
Sales
1942,
certain
not
to
there
of
Consolidated Balance
patents enabling the Government or any company it designates to use
the patents without payment of royalties.
"As a result, at least 70% of all military smokeless powder that has
been scheduled for manufacture in plants built or being built for the
1941.
(E. I.) du Pont de Nemours &
and
does
on
Also,
.■■'■•
■
through
taxes
profit
added
so
result
a
securities
This service includes the turning over to the Government of du Pont
contracts of $1,375,318 in 1942 and $468,720
for depreciation of $3,987,090 in 1942 and
§Less reserves for amortization of $145,317 in
1942 and $3,828 in 1941.—V. 156, p. 2128.
jr.
;
; V
advance
1940
costs,
amount
developed
$23,648,345 ■ $10,528,358
$111,610
period
basis
/explosives
'
,
as
Pont-tuilt
the
formed
—
:■■/•
'
—
par)—
-
:
___—_________
Common stock
■
——1
.
Reserve
du
the
"On
Notes
amount
to 15/100%
plants.
production actually completed by plants operated
for the Government, for the period 1941 and 1942. and after deducting
taxes and non-reimbursed costs, the company's net profit on Govern¬
ment-owned plant operations was approximately 1 %
of the cost of
the products manufactured,
of
303,493,297
Pont
:
//-v'",'1'.
Government
net
du
1940."
the Government amounted
303,136
$23,648,345 $ 10,528,358
Liabilities-—
the
company's
—
Total
the
which
■
.
in
program
report states:
administrative
3,112,039
7,599,825
77,452,648
accordance with
378,242.
unit of finished products."
per
pointed
"For
,
■
manufacturing costs
is
defense
105,311
7,599,825
47,224,141
$7)——
equity indicated by the consolidated balance sheets of General Motors
Corp. at Dec, 31, 1940, and Dec. 31,. 1941, respectively.
The net
out that both the building and operation of the
Government-owned plants are under "fixed fee" contracts, and that
those fees are "now substantially lower than at the inception of the
121,477
713,191
370,288,145
a practice followed since
1925, the amount at
company's investment in General Motors Corp, com¬
mon
stock is carried was adjusted on the books of the
company in
March, 1941, to $208,000,000 ($20.80 a share), and in March, 1942, to
$216,000,000 ($21.60 a share), which closely corresponded to the
possible to gain the volume of production required with
many fewer units.
This has made unnecessary the building of several
1941
$5,221,129
:
--ifiB.*.,
.
1,665,218
358.317,263
($4.50 each yearly
(1942, $4.25; 1941,
dividends
7,753,469
:
—
•Surplus at end of yeax%.;r__
which
it
as
1942
....
a.
•
of
improved processes and more efficient methods developed in
the company's laboratories or by experience in the field.
"Much larger outputs per unit than 'originally thought attainable
31
dividends
Common
"The
Sheet,
Balance
-
••
—
Preferred
additional
Consolidated
1933-
year
Total
already
result
\
323,130
—
explosives plants.
overall construction savings to the Government are estimated
being in excess of $260,000,000; in addition, critical materials, time
and man-power
which would have been required have been made
available for
other
essential
purposes.
Better methods have
also
continues,
5,500,000
817.186
-
income taxes for the
combined.
wars
8,000,000
wholly owned during
.
For smokeless powder,
tetryl and TNT, the products of
they have been exceeded substantially.
quantity of explosives contemplated in this program, and in
large share now being delivered, is far greater than was manufactured
by the entire American explosives industry for all Of the . country's
"Some
became
for minority interest In du Pont Film
Mfg.
Corp, '
,Equity in earnings of du Font Film Mfg. Corp.
not distributed during period of partial own¬
ership but realized upon liquidation of that
subsidiary
Refund from U, S. Government in respect of
"The
earlier
which
Excess of market value over par value of 56,750
shares of common stock Issued in exchange
completion dates for all du Pont-built plants have been
Contract estimates or plant unit capacities
realized for all of the more than 20 separate products
and a net credit adjustment for prior years
$23,313.
(Includes under-provision for prior year in the amount of
$4,795.
§Includes $624,700 Federal excess profits tax, and a net debit
adjustment for prior years of $5,260.
([Includes Federal excess profits
taxes of $2,239,000, less post-war refund of excess profits taxes (esti¬
mated) and,a net credit adjustment for prior years of $9,981.
Note—Above statement includes Pacific Pump Works since Oct. 1,.
1940
(date of acquisition).
Also, this statement includes results of
operations of Bovaird & Seyfang Manufacturing Co. since Jan. 1, 1942
year
_
largest volume,
of
$
285,235,672 264,254,707
63,941,275
90,401,470
________
provision for taxes on income in
prior years in excess of requirements_„_^_,_^
involved.
Federal excess profits tax,
1941
$
the year
Reversion of
met, generally in advance.
been
31
Dee.
'
ment in General Motors Corp,
Adjustment resulting from consolidation of sub¬
■
"However,
225,000
,
have
Surplus
■
the report.
$765,612.
635,000
,
one.
Surplus,
Adjustment resulting from revaluation of invest¬
company
"The scope of the program, changing rapidly with changing con¬
ditions, has expanded far beyond anything originally visualized," says
1185,895
1983,225
provisions
Common
See *
.
State
to
tax
/,;:-
See
1
$951,506
$2,179,908
$2,098,725
See *
■■
.
Canadian
Fed..
the
group,
70,250,000
claims for relief.
Consolidated
•
Net income for the
'know-how' and experience kept alive in
has performed for the Government
in two years nearly twice as much engineering design and construc¬
tion work as it did for itself and its clients oil all commercial projects
between
the
close of the First World War and the outbreak of
small
of
Surplus at beginning of year
"Today, growing from the
this
76,299,000
1942
ness, their manufacture served to keep in training a group of some
300 employees, who became the nucleus for the tremendously expanded
force required in the company's war production of these products.
$2,267,270
1,353,815
94.817,000 103,190,000
1942
''
•
General
its
made Without regard to
,
Gross prof, from oper.
taxes on income is
profits" tax is
"excess
amount
"excess profits" tax, against which,
the
Government
will
issue
bonds payable after the war,
"Excess
profits" tax. has been reduced by $.7,811,000, the amount of the esti¬
mated post-war credit.
The provision for "excess profits" tax has
.,
,
that
which
Under the Revenue Act of 1942 the company is entitled to a post-war
through the interval between the two World Wars, the manufacture
and
improvement of - military ' smokeless powder, tetryl
and TNT.
These are the chief explosives required In- the • nation's war effort.
Though making up less than 2 % of the company's peace-time busi¬
1939
1940
$28,796,687 $11,777,300
.
of natural nitrate from Chile.
•
10 Mos. End. —Calendar Years—
Year End.
Oct. 31, '42
Net
Account
of
period of its history, of almost complete dependence upon the supply
'
,
Consolidated Income
•Total provision for Fed.
tion of nitrogen from the air by the most modern processes and at
low .cost,
more
than double -the nation's normal consumption of
nitrogen-bearing compounds fof fertilizers and all industrial uses.
This home source of supply relieves the nation, in this most critical
for the year ended Oct. 31, 1942,
(income and others)
Taxes—Taxes
were
10,000.000
excess
profits
tax,
$29,057;
deferred charges,
$172,228;
sinking
fund
(in, hands of trustee*, $406,131; total, $8,830,212,
Liabilities—Note payable to bank, $100,000; accounts payable (trade),
income
Net
Dividends
on
for
90,401,470
$165,880; accrued interest, $27,297; accrued taxes and expense, $87,760;
7,590,825
7.599,825
58,341,450
82,801,645
11,107.840
11,054.973
$5.07
$7.49
provision for income, and excess profits taxes, $1,011,377; funded debt,
$893,500;' reserve for empty packages returnable, $597,482; reserve for
contingencies, $50,000; common stock (par $5), $1,568,660; capital
surplus, $283,620; paid-in surplus, $394,749; earned surplus (includes
post-war refund of Federal excess profits tax of $29,0571, $3,649,887;
total, $8,830,212.—V. 155, p. 823.
63,941,275
year
preferred
stock
.
Balance
Shares
of
period,
in
applicable
common
excluding
to
stock
earned
stock—,
outstanding
average number of
treasury
Amount
common
—
during
shares
:
a
share
.
THE COMMERCIAL &
692
has
company
battle
to
have
The
Carolina
North
New
in
the
assets
on
already had
paid
taxes
in
authorities of Hillsborough Town¬
which
on
in
money
banks.
1939
for
purposes.—V,
taxing
by
challenged
p. 2037.
assessment
The
156,
Duke
Power
company
delist
all
Stock
ship IN. J.) sought to collect taxes.
It said New Jersey law exempted"
corporations chartered
by the State but not doing business there
from
taxation of their
intangible assets such as stocks, bonds and
Exchange
this
on
Eaton
net
246,954
of
assets
$15.57
dends
Dec.
on
paid,
the
the
shares
beginning of the year.
with
Balanced
Howard
&
total
were
Tim
Fund
Dec.
1941,
Income
to
amount
Account,
Years
compared-
Including divi¬
10.2';.
Ended
31
Dec,
1941
1942
the
at
222,805
increase of 4.8 Y,
an
or
would
$154,503
$117,897
43,144
25,075
'fair
$71,964
39,504
25,360
Total
income-
Net
$215,389
$197,648
$142,978
28.167
30,863
22,167
$166,783
$120,811
1.
___
income
♦Profit
$187,223
from
sale
cannot
and
The
Fed.
and
E.
reacquisition
of
standard
Robert
would
11."
section
Healy
conform
the
senior■ securities
merit
17.3G9
15,936
and
State
profitinc.
$188,789
$136,747
See t
$97,358
1,349
$195,815
See t
tax
tial
had
inc.
and
profits
$188,789
$195,815
$135,398
$95,940
196,242
173.963
133,870
90,087
tending
as
several
of.
section
157, p.
with
subsidiaries
strengthen
to
return."—V.
'Gains
____
and
losses
sales
on
tThere
cost.
average
,
Tears ended Dec.
31,
Balance
Assets—Cash,
Federal
no
and
1941
securities
of
was
on
receivable
(miscellaneousi,
securities,
total,
stock
financial Integrity,
affording Engineers
and
219.
stock
Dec.
accounts;
tax,
-
and
Shore
operating
Operating
Public
Service
Excess
earned
Int.
.
Other
.
____
taxes
1,310,053
Other
496,013
income
>w-Y
202,175
184.306:
128,927
45,500
_____
i
____Y__Y____Y
277,699
$727,390
-i—
$856,216;
919
8,365
528,630
Y—_________—
the
week
215,572
lY./'"."1
Feb.
1943,
11,
the
YY Yy~
system
above
1943
;
figures
do
172,514
91,020
125,115
include
not
Corp.
10.6-
17,385
23.G.
18.853
17.7.
com
dends
'
Y
-
1940
1941
1942
fuelling, general & adtninis.
8.164,827
19,000
1)5,965
$4,240,781
operating
74,260
$2,259,535-
85,329
92,281
$4,326,110
$2,351,816
„_„Y___—Y___Y:', "1,600,000
1,325,000
437,500
for Federal
Normal
>
tax
taxes;
tax^__ Y-'-...—-Y
Excess profits
Post-war
income
of
refund
prof,
exc.
400,000
5,525,000
decline in. hide
CrlOO.OOO
taxes
500,000
250,000
250,000
Y.--Y -• $2,343,767
5'> preferred .stock 1Y
365,300
common
stock.... ..Y. '
1,216,080
"$2,351,110
$ 1,664,316
365,300
365,300
prices__Y:
•'
Net
profit ':
Dividends
Dividends
:
on
.on
.Shares
of
stock
common
($50
1,216,080
1,216,080.
405,360
504,360
405,360
$4.88
par)
$4.90
$3,20
Earnings per share,
"indhfdes surtaxes.'
■
•
3,517
17,032
33,801
3,156
:
Y
YYY;-,.
Y'"
$172,972
Y
$194,094
$156,972
$152,145
of surplus
306.081
315,313
371,301
772,996
.•
banks
in
,
'
-
Balance
Sheet,
Nov
Assets-—
"Land,
.-;o
1941
1542
buildings,
machinery,
etc.i
__
$10,678,178 $11,091,002
1
Inventories _L___.T____.___—________
Accounts
and
Amounts
receivable from. U. S.
;
ping
notes
prepaid
Govt.
_____
employees
houses.
insurance
Y___
,_Y
_Y^.
,103.79G
and
hand.
on
368,689
1,377,163
86,262
other
assets
.
:
60,267
3,207,323
616,528
...
148,741:
$54,087,688 $49,362,031
_
Liabilities—
FN
The
*
(Sundry
stock
workmen's compensation
for
reduction
prices
of
normal
and
interest
accounts
$272,634;
accrued.
$26,135;
general
'
.
payable
debentures
market
securi¬
securities
for
payable
Accounts
in hide prices
$19,053;
capital
(not
Commission
Commerce
1
the
on
subject
ICC
to
3lkir-:
The
Notes held by workers under savings
Reserve
for
reserve
Earned surplus
__
..
"After
interests^
had
In
_
reserve
for
156,
p.
The
Corp.
.
called
this
of; $14,000,000
first
protested
the
to
had
&
Erie's
the
&
certain
protest,
O.
to
failure
con¬
Mr.
issue
Says
—
Defends
Bond
Competitive
_
Sale
Would
Bidding
;'..Y
to
a
of
of
President,
the
in
says
letter
a
its
and
company
stockholders,
stockholders.
to
Woodruff,'
Robert: E.
Y
this
particular instance, competitive bidding, would have caused
delay and risk.
Time, a definite proposal, conservative finan-cial policy and favorable market conditions were the deciding factors,"
needless
he
•''••
says.
developments leading to the sale to Morgan Stanley
&
Co., and the resulting complaint that the sale, was not opened
to competitive bidding, Mr. Woodruff says in his letter that- Carl E.
Newton,
President
of
Chesapeake & Ohio
Ry.,
"which owns Jess
than
of
the
company's -common stock,
has indicated in pressnotices-and otherwise his intention to try to -upset the - transaction.
Apparently
without
seeking information
as
to
the facts from
an
Erie official,
he attacked the management in the public press and
sought to impose his own will on the company by threatening to
bring lawsuits against the company's directors."- - ' ^
t
"The-circumstances under which
the
company's action has been
criticized are such as to raise question whether these outside parties'
are
acting in the
interest of the company and its stockholders as
a
whole or merely to advance their own personal causes, "
*
"The
pl,ain fact is- that if ever a situation justified the sale of
securities without competitive bidding it was this one.
If the com-<
puny
had not acted promptly ' it would have lost the opportunity
buy
the
notes
from
the
Reconstruction
500,000
Developments in
506,524
522,426
170.092
9.571236
8,808,850
transaction
Corp.
Finance
acquire
at
at
later
them
•"'■■
.
at¬
an
higher
a
•
,
Woodruff's
letter
to
proceeded
stockholders:
as
"*
various
plans,
the
regarding
1943,
it
consideration, of
purchasing
of
which
notes.
few
A
led
: >
follows,
'
•
discussions
to
later,
days
on
being
jto. the
favorable
mitment,
minimum
RFC
or
finance
with
Jan. -29,
to
additional
should
the
that
stockholders
we
we
made
had
to
buy
the
Morgan
the
notes
purchase
Stanley
&
We
was
did
■
small
continued:
amount
of
both
Y.
"Except
of
Erie
-'
for
the
common
fact
stock,
that
the
the
Erie
C.
is
&
O.
entirely
Allegheny
"The
,
the
circumstances
notes
from
the
surrounding
RFC.
If
the
the
ICC
purchase
decides
to
of
the
hold
com¬
public
a
hparing. to investigate the situation, the Erie will welcome the oppor¬
tunity to present the facts publicly and to state its position with
respect
to
both
the
purchase
of
the
notes
from
RFC
the
and
sale
of the bonds to Morgan
Stanley & Co.
Discussing beneficial effects of the transaction.
out
that
first
it
will
result
consolidated
RFC;
and
afford
with
part
sound
to
distribution
cost
the
to
for
of
"The
to
said:
Erie
not
competitive
of
which
of
the
the
Erie's
company's
RFC
held
as.
indebtedness
company's
company's
establish
also
in
result
bidding
made
sale
cither
and
bidding
the
believes
committed
financing will
competitive
was
B,
debt
in
securities
for
in
the
to
accord¬
and
bonds
small
a
has
to
saving
YY-'':
the
The
in
railroad
each
sale
banker
Ohio
Barney & Co.
the
Its
bo
securities
3'As
1941,
Mr.
should
of
as
division
September,
through Smith,
securities,
situation
private
favorite
no
show.
basis
of
that
thus
lower
a
annual
v.'Y.Y.Y -AY'-YL-'
bidding
company
merits.
its
recent Erie
a
and
"The
is
$17,500,000
the
the
and
road.
competitive
on
recast
retirement
debt
price than for the notes
As
of
series
elimination
financing principles; extend this particu¬
debt from 10 years to 15 years maturity;
company's
wider
future
,
bonds,
in
pointed
conservative
the
in
facilitate
in
cancellation
result
opportunity
an
of
in
mortgage
will
the
;
Mr. Woodruff
history
sold
were
last
sale
in August,
of
1941."
The
Chesapeake & Ohio Ry. has filed with the ICC formal protest
privately negotiated sale of $14,000,000 of Erie RR. bonds to
Morgan Stanley & Co., and. petitioned to intervene in Erie's
applica¬
over the
tion
to
the: Commission
made
was
Feb.
the
is
public
statements
standard
that
"Next,
selected
it
deal
not
they
is
at
on
refused
did
to
concluded
I
"And
finally
too late to
there
had
to
act
quickly
in
the
is
decision
no
from
RFC.
Funds
bonds.
new
The
The
RFC
not
its
do
not
the
wish
under
writing
the
directors to
still
that the
say
make
"After
better
a
careful
for
matter
before
papers
of protest
yC.
terms
no
But
29,
to
the
that
the
buyer.
the
"The
of
the
to
Erie
"His
to
letter
to
new
bonds:
injustice.
an
am
was'
sure
around
to
place
Erie
stockholders for
was
of
Erie
This
of
Feb.
decided
stockholder
one.
directors
better
a
that
the
interest
Accord-
and
Y
Y
•
proper
is
to
pro-'
test
tho
our
YYY'Y'iYY'-..
•,
-
of.the
Chesapeake
statement,
describes
13
Ohio
to
R.
Ry.
E.
stockholder, the C; & O.,
the question; Who are
us
the
Y
Y
to
on'
Co.
Woodruff's-,
15:
raises
true
runs
are
investment
Feb.
his
naturally
&
replying
made, public
the
standardized
line
followed
agreeable with their stockholders' money in
bankers who presumably are not 'outside
parties.'.
"The ,C._& O,
,
Erie
owns
amount'
&
of
43,000 shares
that
If
Erie
owner
when
they
on
ierry
a
hot
is
and
boat
to
over
attained
which
shares
a
with
now
Erie
is
is
stock
common
independent'
quarter million
268,750
except for
independent' of
'entirely
'entirely
and
that
says
warrants,
of
would
this,
the
a
holder
it
follow
that
Messrs.
toe
Erie
of
president
the
management
carried
their
on
"It
stock,
Erie's
has
share
Erie
of
C.
O.
43.000
The
warrants.
•small
degree of independence of the mere 100
Drew, Fisk and Gould enjoyed 75 vears ago
of the Erie across the Hudson River
treasury
Commodore
Vanderbilt
and
lesser
stockholders
heels?
be
Erie
president
from
the
RFC
regretted
still
that
persists
was
a
factor
in
in
in
letter
his
the
the
to
Erie
implication
haste
with
stockholders,
that
which
the
time
pressure
these
directors
accepted
the exclusively negotiated proposition.
Nowhere yet has thepresident explained why the alternative bidder who
sought to
a
more
advantageous
offer
was
summarily
turned
away."—
157, p. 602.
Erie
Co.'s
make
use
losing
and
V.
a
Competitive bidding would have required several
in these uncertain times the directors felt they
out the Morgan Stanley minimum proposal without
attendant upon considering other proposals.
no
place-in this situation for competitive bidding as
better,
however;
we
confirmed'the
price
for the bonds
'
had
deal,
Accordingly,
Commission.
today."
Y
favor
their
good
Erie
a
Replies to Woodruff of Erie—
stockholders
party'.
have
we
going forward
are
Willing directors
order
inr
later
the
I
Erie
was
possible.
made
Commerce
parties?
when
old
raised
RFC
and
shop
directors
RFC
be
that
years,
time
excuse
our
Interstate
President
'outside
an
inside
fact,
one.
protection
the
Erie
to
good
immediacy
the
The
to
were
impression
for
the
only
purchase
RFC
reasonably
the
Newton, President
issued the following
17,
the
here present, where a qualified under-'
permission to make a favorable offer was
is
E.
letter
a
For
deal.
figures beforr?"
exclusive financial1
statement
Jan.
sufficient
deal
& O. President
.Carl
with
in the dark until the last
effective protest to the directors.'
railroads
consideration,
cedure
Feb.-
three
Erie's
ing to information which I have in hand, if the
given them a chance, the Erie could have made
can
give
made
circumstances
group that sought
that permission, it
refused
the
alternative
an
of
best
r
...
to be understood as saying
that competitive bids
in all railroad financing or under all circumstances,-
should be required
But
have
widespread
out
of
Mr '
>
made
point.
better
a
Unfortunately,
to pay
many
Erie
on
directors
under RFC pressure does
carried
the
bonds
new
"I
•
has
pressing
directors
the
making
an
on
against
paid.
O.
basis.
circumstances.-
agree,
be
had to be sold quickly
3.
&
Y
arrangements
Erie
not
Announcement
•
Erie
beside
customary
the
hurry to
by selling
the
to
•?
stockholders
make
the
in
did
Feb.
on
dealings customarily do leave
of
the
is
so
sale.
President of C.
-
financing
consider
that
this
<
exclusive
an
they
remarked
was
of
argument. is* that
or
minute when it is
;
of
Newton,
behalf
on
explanations
principal
Whether
clear
the
approval
by Carl E.
.
underwriter
deal.
for
11
said:
financial
of
days
delay
directors.
any
Erie, has, of course, submitted to the ICC for its approval,
proposed issue of $14,000,000 of first consolidated mortgage 3Y
bonds series D,
It has
also
submitted to the Commission the facts
com¬
negotiate
the
"There
such.
of
obtainable
fact
for refinancing the purchase.
As a-matter
judgment we believed that we should not
favorable price for. the .notes from the
of losing
a
favorable market for-the sale-of the bonds tothe
purchase of
the
notes.
These
two opportunities
tied
risk
perfectly together.
even
then.
the
on
proposal
conservative
the
interest
price
relying
precisely to whether
competitive bidding with
negotiated sale already
the
the
became
necessary
for
us
to
say
by
5:00 p.m. that day
whether we wished to purchase the notes held by the-RFC,-as others
were interested
in buying them.
"It
Eaton's
dictate how the Erie shall conduct its business."
'
And ill his letter suggesting that Mr. Newton
get in touch with the'
Erie he says. "The C. & O. was deprived of control of the Erie
through
the .recent reorganization of Erie and
during that reorganization dis¬
posed of most of its interest in the reorganized company.
.
of-
1,725,000
the
to
them."
according to
v". •" "
"Several investment bankers had talked with representatives of thecompany, from
time- to time regarding refinancing its-indebtedness
to RFC,
but no definite proposals had developed.
Late in January,
because of the. improved bond market position at that time, discus¬
sions
were
had
with
Morgan
Stanley
&
Co.
and
they suggested
Mr.
run
7,125,000
price and would have
if it desired to refinance
price
com¬
eliminated
Mr.
Corp. and the C. & O.
It
will be
recalled that in
1938
the Chesapeake
& Ohio Ry„ which owned a
controlling interest in the Erie, failed to advance the necessary flnan-'
cial help to prevent
the Erie from going into bankruptcy, yet nowowning less than 2T of Erie stock Mr. Young apparently wishes to
bonds
Have
-
,
require
of
issue
through
'
Woodruff
a
was
for
-Best
as
the
an¬
day
a
(without
independent
-
hanking
the
submit
of
to
did
himself.
Eaton
request
consideration
through
or
directors."
owns
"The
;
Woodruff
board
followed
narrowed
effected
risks
ICC
This
bid
Mr.
make
he
O.
"Recent
;
C.
and
be
the
issue.
bond
further
Cyrus
to
said
a
request,
asked
had
make
to
Mr.
He
Young
public
a
he
from
from
permitted
issue.
Chairman of Allegheny Corp., which controls the C. & O.,
in turn holding less than 2'f
of Erie's common stock.
had telephoned his objection from Palm Beach, Fla,, and
suggested that Mr. Newton communicate his views to the Erie
C,
this-
$14,000,000 first consolidated 3 Vr"> mortgage bonds to
Stanley &- Co., without competitive bidding,'was in the fcie'st.
interests
"In
addition
Risk—
sale
Morgan
4.000.000
depreciation of $12,706,942 in. 1441 and $12,796,896
252.
consider
be
to
to
Young,
Mr.
an
16
for
Chesapeake & Ohio Protests Erie Deal—
bond
issue
an
the
was
the
of
bidding.
President
l
2,790,749
$51687,688 $49,362,031
1942.—V.
R.
•
bonds,
the
proceeds
to ' be .. used
with$14,000,000 4 Y collateral trust notes held
mortgage
Reconstruction Finance
competitive
the
549,361
.
.
Total
la
plan
taxes....
I liscellaneous
2.935,277
1.000,000
planned
proposed
bid
a
-
,
invest¬
RFC
later by a statement to the press by
prior
contact
with
any
Erie
official),
threatening legal action against the Erie directors unless the com¬
pany asked for competitive bids on the bonds already sold to Morgan
Stanley & Co,
Mr. Newton acted at the suggestion of Mr.
Robert
received),
■/'
■',}
ICC
action
in
calling
for a
hearing on
the proposed financing
followed a
formal
protest by Chesapeake & Ohio Ry.
and certain
1,500,000
...
request
asked
who
but. wished
to
derived
should
Newton
securities
financing, operationhas sold to Morgan Stanley
Erie
submit
."This
Proposed
on
•
Feb.'
on
$14,000,000
approval,
treasury cash to purchase
the
March 1
Y
-
the
be
financing
' '
purchased
securities*
any
the
refinancing before.it was sound busi¬
and
us,
of
as
pay
their
telephone
a
Erie
that
press
on
to
approved by
on
$679,983; is'urplus;- $9,843,203;?
stock,
-
undertaken by the road.
solidated
by
2,903.346
....
...
payable
effect
escaped
Co.,
time
attendant delays- and
of
$66,667; debentures-assumed by
for contingencies," $152,701; de--
Teserve
the
to
to
this
divi¬
and
accrued expenses and taxes, $26,743; accrued
outstanding,
$3,000,000;
March
for
Co.,
250,000
2,503,917
to
Y
Reserve for possible future decline
Notes
101.539
250,000
inventor ies
;
20,268.000
126,403
,
for
Reserve
$7,306,000
20,268,000
creditors
Reserve
fixed
$7,306,000
___
&
which
had
bidding
considered
investments in securities of subsidiary companies, $6.in security of associated company,$3,259,858; total,
Interstate
hearing
RFC
preferred stock
Common
offer
its
or
tractive
11,652
,245,984
___.
...
833,893
572,906
was
Otis
public, bidding
even
benefit
any
'•
Sheet, Dec. 31, 19-42
$14,000,000 Bond Issue—
to
272,053
insurance_______...1..
Dash
Total
21,525,170
11,299,969
,825,355
,__Y
iiundry debtors
Miscellaneous
21,715,084
9,701
compensation
and
1
War
ShipY___:__ll___YL.____-_
taxes
Workers'
___
receivable, less reserve
Admin.
Due from
Workmen's
nounced
petitive
Woodruff
.
Consolidated
for
bonds
a.bout
we
result
36,847,
Explaining the
Provision of reserve for possible fut¬
ure
3,352
8,357
Erie RR.-—ICC to Hold Hearing
-
6,914,600.
$9,868,767
Fed. inc. tax., etc.
Net prof, before
Before
Newton
-
•
to
us
good
to
,
development
the
care
lar
2,334
i,_Y—_..__
income,
Caused
9,727,234
Provision
and
source.
corporation,
Company
profiY YYYYYYl $10,078,068
Miscellaneous .income (net)Y—Y>-~
Dr209,302
,
not
ance
taxes
.
on
48,387,514
expenses
V Net
de-
-
Liabilities—Account
$9,248,396
Fro vision for doubtful accounts. Y__
:
21,374
investment
(•8,330,815
84,051,395
profit
at
receivable
interest
;
*
Gross
to
$4,126,013;
__.___Y $19,824,303 $12,521,574
Cost Of goods sold
133
$19,705; accounts payable,
Y—_____^_Y.$103,875,698 $80,852,389 $57,635,909.)
________
first
for
bid
collateral
.
Subs.)- -Earnings—
Years Ended Nov. 30—
"Sales
846
Assets—Cash
At
16,503
.
(&
indebted..
out
interests
Endicott-Johnson
-
$465,226
84,204
Balance
other
-
$449,639
167,500
holders
-
$459,314
87,848
paid
divs.
being
Amount
1942
156.011
73,635
106,262
the system inputs of any
panics not appearing in both periods.—V. 157, p. 602;';;Yyy
The
$413,715
unroalized-depreciatioin, I>r$120,169;- total, $13,687,886.—V.v 156, p.-1863.
—Increase
Operating Subsidiaries of—V
American Power & Light Co.
Electric Power & Light Corp:
National Power & Light Co.
3,432
inputs
——Thousands of Kilowatt-Hours——.
,
35,585
2,867
167)500
expenses
the
of client
•operating companies of Ebasco Services Inc., which are subsidiaries
of
American Power &
Light Co., Electric Power <fe Light Corp. and'
National Power
&
Light Co,, as compared with the corresponding
week during 1942 were as follows:,
ended
$426,210
•
23,261
1,872
Excess, of income .over'
-
$335,951
215,572
Services Inc.—Weekly Input—
Ebasco
For
$423,511
27,447
77,203
$13,687,886.
$194,230
./-.vY- >;,/Y';
.
so,
buyers
as
obligated
at this point that outside attempts began to be made to
these .highly desirable arrangements
and
to impugn
the in-*
tegrity of the company's directors and officers.
call
■
ferred
•j
1939
167,500
refunded
taxes
,
g_^_,..___YYY____._Y~-
1605.
340,
pp.
certainly
was
regarding
'
•1940
68,581
bank
003,246;
$864,581
534,080
_YY_____._____
dividends
156,
Years
..
$429,995
29,784
___
278,354'
$728,310
income
Net
Preferred
—V.
1941
160,625
Provision for
Pfd.
Cr12,411
___—_T.
deductions
for
$42.59' per"
462,104
income
Gross
$1,000,
per,
figures
and
debentures.
expenses
benture
,
-
45,245
ties,
.
and accumulated divi¬
* •"'
-
Calendar
'
income
income
on
on
Taxes
200,902:
_____
income
income
1,200,782
56,923
201,953
_____
: Yl____—
^
Operating
$3,273,409
_____
credit-..
post-war
for
$383,931
bonds
on
Miscellaneous
Int.
u-;
-
for
profits
Account
Income—Cash dividends
1941
_____
profits taxes
Excess
ay
1942, shows
share.
Operating
$3,388,722
depreciation^^Y--------income
taxes__LA-—~r-YY___,.;;
Federal
1
debenture
$1,000
per
1942
Interest
1942
Electricity purchased for resale-A-*-,—
YYY ______Y
is
already
important for
favorable conditions
do
institutional
large
matters
being
was
practice- to
"It
pany's
;
Maintenance
Provision
per
$3,737.23
were
Income
Subs.)—Earnings
(&
revenues__.L.____.__
expenses
ness
it
And
upset
-
12 Months Ended Dec. 31'—
Gross
in,
substan¬
a
June 30, 1942, were $3,598.45
preferred share.
Comparable
for
$40.69
1941.-
Total
Eastern
figures
-
and
31,
preferred
$375;-
:
in liquidation $50 per share
nothing on the common stock.
$4,046,472.
securities
for
aiding
|
(preference
debenture,
ac--
purchased, $17,393; ac¬
counts payable (miscellaneous), S406;accrued tax liability, $750; capital
ptock ($1 pari, $246,954; paid-in surplus, $3,984,649; earned surplus,
$172,223; unrealised depreciation, (def.j
$375,903; total, $4,046,472.—
V. 157, p. 440..
■
'
" ■
I
v
' ' v
'
;
payable
considerable'
have
their
(B)
11
would
that date
of
as
Comparable
interest
$12,369;
capital
deferred
$9,423;
$3,890,303;
Liabilities—Accounts
of
the
assets
dends),
receivable,
crued, $17,291; accounts receivable from securities sold, $3,618;
marketable
basis
a
liability for
tax
3942
81,
Dec.
'■
equivalent to $4,467.67 per $1,000 face value'
assumed debentures and $51.79 per share' of $3 convertible preferred'
net
1942.
Sheet,
dividends
$113,093;
determined
are
income
*
.
report of the corporation for the year ended Dec, 31,
The
.
Dividends paid
of
ex¬
1,418
•.
existing
Mr.
suggested that "a further investment by En¬
of simplifying the structures and eliminating
the purpose
gineers for
$79,989
■'
Equity Corp.—Annual Report—
Net
the
to
Y'.YY Y •' •
opinion but
' •
in
concurred
follow.
to
Commission
compliance
inc.
such
that
equitable'
dividend
ferred
17,335
some
29,032
the
; "The
that the Commission should consider requiring En-1
gineers to show cause why the proceeds should not be distributed'
to preferred stockholders, with an appropriate adjustment of the pre-'
•
1,567
notes,
a
Exchange
find
Commissioner
$97,325.
of
securities
Total
and
the
four
such
on
Eaton/speaking
pressed the belief
Miscellaneous
Expenses
Securities
mission
1939
1940
$175,885
..
•
Interest
602,
p.
Commission on Feb." 16 refused per-'
mission
for the
company
to acquire,
for retirement, up to 35,000
shares of its preferred stock,
with part of the proceeds of the sale
of principal assets of the Western Public Service Co.
(Del,). '
In the majority opinion four Commissioners
held that "where a
holding company subject'to major divestment of its properties under
section 11
(B)
(1) .of. the Public Utility Holding Co. Act; proposes'
to use tire proceeds of a sale of a portion of its divested properties
for
the
acquisition of its outstanding preferred stocks,, the
Com-,
$4,027,923.
were
with
stock of the company from the St. Louis-.
to Feb. 24, 1943, to take, final action
adjourned
with
proper
judgment
bankers.
ment
,
Per share net asset Value was $16.31
31,
increase
Income—dividends
1942,
31,
compared
capital
Service Co.—Refused Right to Buy
Own Shares by SEC—
Fund—Report-
on
outstanding
of
and
proposal."—V. 157,
The
There
classes
!' Engineers Public
was
being
a,s
has issued the following announcement regarding the
proposed withdrawal of stocks from listing on' the St. Louis Stock.
Exchange: "Stockholders of Ely & Walker Dry Goods Co.-at their
adjourned annual-meeting voted to defer action on the proposal to
company
Monday, February 22, 1943
whose
The
Jersey.
that
held
court
Ely & Walker Dry Goods Co.—Delisting Deferred—
'
in the New Jersey State Supreme Court a
an assessment of $11,604,815 on its intangible
won
aside
set
property
personal
Case—
Co.—Wins Tax
Power
Duke
The
FINANCIAL CHRONICLE
Faber, Coe & Gregg:, Inc.—Extra Dividend—
The
the
directors
usual
stock,
no
An extra
p.
1919.
have
declared
quarterly
payable
an
dividend
both
par,
of
50
cents
per
of
extra
share
was
dividend
cents
50
March
1
to
paid
on
per
of
June
1,
•
(Continueci
on
page
$1
share
holders
727)
of
per
on
share
the
record
and
common,
Feb.
last year.—V.
15.
155
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4153
157
Stock and Bond Sales
DAILY
New York Stock
«»
WEEKLY
-
United States Government Securities
furnish
we
YEARLY
-
the New York Stock
on
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation
a
Stock Exchange during
Exchange
delivery sales are disregarded in the day's range, unless they are the only transactions of the day. No account is taken of such sales in computing the range for the year.
NOTICE—Cash and deferred
Below
693
Figures after decimal point represent
the current week.
Feb. 13
Dally Record of U. 8. Bond.Prices
Feb. 15
!;
High
Treasury
4 V«S, 1947-52.
Low
Feb. 16
,
■'
.—
■
Feb. 18
Feb. 17
32d of
one or more
Feb. 19
:>
■
—■
the New
on
York
Feb. 15
Feb. 16
Feb. 17
Feb. 18
Feb. 19
(High
{ Low
2%s, 1956-58
—:
—
Feb. 13
Daily Record of U. S. Bond Prices
'
■
bonds
coupon
point. (See note below).
a
(Close
Total
sales
in $1,000
4s, 1944-54
units—Ill
| High
/
[Close
Total sales in $1,000 units——
I—
>■
'
—
—
—
—
—
—
100.23
—
sales
in
$1,00 units
'
low
—
.
Total sales in $1,000
/
—
100.16
100.14
100.19
100.16
100.14
3
units
101.24
Total sales
•
—
Low
i
-Jmm
—
v
—
in $1,000
'
-
_
in
104.27
104.30
I"
—
HI
Total sales
v'.■:
:■
—
.
f High
in $1,000
units
(High
Total sales
Sept.,
2s,
V"'
1949-1951-
Low
[Close
(High
{ Low
—„
•
•
•
Total sales
'
—
in $1,000
[Close
units
(High
| High
[Close
—.—
in $1,000 units
"
i'i
"
Low
[close
'Kv *}.■'••
.
2s, June, 1949-51
5
v
Low
Total sales in $1,000
23, Dec.,
III
■*
\ Low
1949-1951
I Close
HI
Total
units
sales in
$1,000 units
:.—
(High
f High
234s, 1951-54.
2s,
j Low
Low
1950-52—'-
(Close
Total sales
.
.
.—
109.17
—
HighClose
23/48, 1948-51.
___
■
[High
—.—{ eow
(close
109.17
,
___
—
?
;
J.
Total sales in $1,000 units
109.17
in $1,000 units
$5
Low
in $1,000 units
2s, Dec. 1948-50
'■-V.'."
-■" ' /.A
___
23/4S, 1945-47.
■
.
[High
{close
$1,000 units..
—„
(Close
/
.
I"
'
[Close
sales in
1
—
(High
-{ low
\
Total sales
■'"
r--.--
Total sales
___
Total sales in $1,000 units
Total
units
—
jciose
2%s, 1955-60,
-
Low
—
in $1,000
2si, March 1948-50
;
'
—
(High
'i—-
'
—
—
f High.
-
—
'
5
104.30
•
V.
3s, 1946-48—
•
100.21
7
$1,000 units
1947—
'
Total sales in $1,000 units—
i"
100.23
'
104.27
..
—
;
„
2s,
.
1
Close
High
1951-55—
2
(Close
Total sales
Total sales
—
3»/8S, 1949-52.
3s,
100.11
(High
Low
:
-—„——
2%s, 1954-56
:
—
Total sales in $1,000 units.
100.11
2
:V,-(High
units
Close
100.27
104.30
[Close
sales
100.11
100.13
100.13
v
100.21
104.27
units
.
—
—
v
;
—
•
.
2y4s, 1952-55
>—
—
in $1,000
—
.
Close
Total
100.23
Low
—
—_
$1,000 units—~
[ High
-{ Low
100.27
■
i—
100.21
—
2%s, 1951-53
___
1
High
100.23
[Close
101.24
100.13
6
100.27
(High
101.24
Total sales in $1,000 units.
3%s, 1944-46.
•
—
100.19
(High
{ Low
[Close
I
—!■.
-."/—I
100.14
sales in $1,000 units
_
__
-
100.16
2
i
2%s, 1967-72
—
Close
1963-1968
Total
—
Low
3%s, 1943-45.
2%s,
'
—;■
-
High
—
100.19
{Low
—
—-
7
—
—
{
—_
—
(Close
—
.[Close
3l/8s, 1946-49.
100.23
(High
-4-
—
■
Total sales in $1,000 units——
sales in
100.23
{ Low
(Close
Total
.—'
f High
Total
—
'
/
>
—
—.
Total sales in $1,000 units
—,
"
—
[Close
3% s, 1943-47.
units
2yas, 1962-67
'
—r—
-{Low
3^5, 1946-56.
Total sales in $1,000
f High
—
( High
-II
[Close
A.-..-,'-;
in $1,000 units-
Total sales in $1,000
___
units—
-
2 3/4 6,
(High
(High
2s,
_{ Low
[Close
1956-59.
Total sales in $1,000
sales
—_
2s,
{ Low
(Close
in $1,000
Total sales
units
l3/4s,
{ Low
—
LOW
1953-55
Close
(High
2%8, 1960-65.
units.
High
(Hign
Total
Low
Close
Total sales in $1,000
units
23/4s, 1958-63.
1951-55
in $1,000 units
( High
{ Low
[Close
1948-
(Close
Total
"
Total sales in $1,000 units
-I
1945^.
Federal
Low
2%s,
| High
sales
in
3s,
Low
—
in $1,000 units—
Total
(High
sales in $1,000
Ilome Owners'
J High
units
Treasury
102.23
102.23
1
units
Total
High
Loan
3s, series A,
Low
1944-52
units
.Close
sales
in $1,000
units
(High
(close
sales in $1,000
102.23
—
{ Low
(Close
in $1,000
•
(High
Low
(Close
1944-49
'A
$1,000 units
2%s, 1950-52.
Total
sales
Low
2%s, 1949-53.
Total
1
High
Close
Total
(Close
sales
$1,000 units.
Mortgage
3y«s, 1944-64—
units
1948—
Total
Farm
"
(Close
sales in $1,000
Total
sales In
_
(High
2%s,
100.16
100.16
100.16
iyas, 1945-47
Low
-
Close
—
f High
Total
sales
In
$1,000 units
2%s. 1952-54.
(close
Total
sales
♦Odd lot sales.
NEW YORK STOCK
RECORD
LOW AND HIGH SALE PRICES
Monday
Feb. 13
per share
Tuesday
Wednesday
Feb.15
8at«rday
t
Feb. 16
S per
share
I per share
58
57
57
57
57
♦110
112
*110
112
*110
112
38 %
9
38%
*36%
47
*45
*36%
*45%
47
*45%
93/8
93/s
I
37 y2
58%
47
112
36
37
*45%
46%
93/4
91/a
9%
91/8
9 3/8
261/4
26i/4
261/4
*25%
26%
*i7ya
17%
17
17%
171/4
17%
40 Vu
40 V\
40 3/4
411/4
40%
*65
70
*65
4
4
4
*8714
90
i3-
*65
70
41/8
87%
1
411/4
70
.'4
87%
92
92
n
1
U
734
73/4
73/4
8
73/8
7V4
.
40%
4
7%
■
*65
3%
*90
1
',17%
41%
70
share
A
<
*45%
46%
*45
46
17
17
1,400
40%
41%
41
9,700
Air
Reduction
Ala
&
9,200
Alaska
70
*90%
96
*90%
1
11
73/8
17%
17
17
17
17 y8
16%
17
22'/8
22%
22%
22%
21%
22 3/a
73/4
149
*65
73/4
73/4
1493/4
148 3/4
*11V2
123/4
*11%
123/4-
17%
17%
17%
17%'
7
7y8
*753/8
76
7
76
7i/a
76
31 y8
30%
31%
19%
19%
19%
•m
ia/8
li/4
1%
*15%
165/s
*15%
*73
75
75
25%
257/«
553/4
553/4
footnotes
16%
69
,
73/4
149
14
17%
17'/a
71/8
7'/4
73/4
*65
7%
147
*11%
17
71/8
7%
69
7%
148%
14
17%
71/4
7%
*65
7%
146
*11%
17
7>/8
7%
69
73/4
1463/t
14
73/a
7'%
17
213/4
4,600
7%
1,166
1463/4
4,000
*7%
*11%
17
7%
10,900
69
146
17%
1,900
1,500
22%
*65
7
14
Corp
C.orp
2,800
7%
10,100
Gold
Min
1034 Jan
8
16y4Jan
4
6V4
733/4
26V8
17%
78 Va
78%
77
77
29%
2934
29%
30%
10,800
19%
19%
19%
19%
19%
1,300
preferred
Mfg
Alpha Portland Cem
li/4
1%
1%
1%
1%
l3/8
13/8
1,600
Amalgam Leather Co Inc
*1534
1^1/8
*15%
16%
100
75
i,roo
Amerada
2514
1,800
Am
55
2,300
American
74 Va
75
25%
26
25
25%
25%
25%
25%
25%
25
561/8
56%
553/4
553/4
553/4
56%
55
55
54%
703.
*74%
Vs
Jan 28
5
303/4
16%
67
3%
85
^
5Vb
5%
13
18VS
64
No par
77%
76
/
No par
Corp
19%
16%
42
100
Allied Mills Co Inc.
77
75
8
par
——10
Allied
30%
163/,
3834 Jan
5%
Allis-Chalmers
6 % conv
preferred
Petro
Corp
Agric Chem
(Del)
Airlines
Inc
4
9% Feb 15
27
Jan
7
18y8Feb 11
25
11
2
2
11
11
15
19
9
191%
761/4
21-
46V8 Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
7
Jan
140V2 Jan
31
li/4
—
9 per share
share
Jan
5
Albany & Susq RR Co
—100
Allegheny Corp
No par
5%% pf A with $30 war
100
5%% pf A without war
100
$2.50 prior conv oreferred.No par
Alghny Lud Stl Corp—
JVo par
Alleg & West Ry 6% gtd
—100
Allen Industries Inc.
1
Allied Chemical & Dye—No par
77
1,500
per
6
2
8
7
Stores
t
63
112
Jan
5
37!/4 Feb 18
4iy4 Jan
Jan
Juneau
303/a
*19
4
111
Jan 25
35% Jan 23
7% Jan
25V2 Feb
14% Jan
No
Inc
Vicksburg Ry Co
Allied Kid Co
17
75
16,600
IV2
*16 y2
*16
page
20
1
73/a
75
see
96
I per share
Sl'AJan
>
No par
No par
—10
Express
Adams-Mills
*75i/8
30%
*19%
For
*12
3%
11
1
73/4
223/4
7%
70
:
95
7%.
150
40%
*65
3%
221/4
7%
.
Adams
Highest
25
Address-Mutigr
*65
No par
Co
17
173/8
7%
Steel
16%
714
149
Acme
900
8,900
'
73/a
100
Abraham & Straus
26
17 y8
69
120
9
4
7%
Par
No par
preferred
26
9y4
Lowest
Abbott Laboratories
93/s
3%
1
900
26%
91/a
*26
Range Since January 1
Shares
4%
38%
22 y8
*65"
5734
112
*37%
17
69
I per share
*110
37%
22
*65
EXCHANGE
57%
58%
112
NEW. YORK STOCK
4
7%
7 3/4
per
Sales for
the Week
37%
26
17
<
58'%
*110
26
26
Friday
Feb. 19
Thursday
Feb.18
per share
*57%
*110
Range for Previous
Year 1942
Lowest
Highest
STOCKS
Feb. 17
♦55
♦36 Vz
$Sale of registered bonds, all others are coupon Issues.
in $1,000 units
—100
No par
No par
1
50
No par
No par
10
Jan
67 y4 Jan
43/8 Jan
92
Feb
l'/sFeb
8y4Feb
8M» Feb
18
Feb.
223/4 Feb
64
Jan
7% Jan
153ya Feb
25
22
28
14.
16
2
2
2
1
15
15
4
2 :
11% Jan. 25
18% Jan 29
May
Mar
May
5iya Dec
113
Dec
43
Jan
39
Sep
483A Jan
5ya
18%
10
29J/a
61
1%
Apr
Jun
Mar.
8V8 Nov
263/4 Dec
163/s Dec
Apr
41% Dec
Jan
Mar
69
4
Oct
Nov
69%
A
3%
3%
July
Jan
Apr
Apr
943/4
V2
63/a
6y4
Feb
Oct
Nov
Nov
17
Jan
Jan
9% Jun
16
May
57% Nov
3% Apr
IISV2 Apr
10
May
Jan
2
Jan
7
Jan
7
Jan
7
% Jan 13
13MJ Jan 20
x67
Jan 14
23
Jan
2
7V4 Feb
78% Feb
313/8Feb
19% Feb
l3/a Jan
16% Feb
76y4 Feb
26
Feb
16
15
11% Apr
4
Apr
64
July
22
Apr
14% Apr
[J Aug
11
Dec
43
Mar
18% Jun
27
571/s'r'eb
10
25%
52
Jan
18
15
19
30
5
16
$ per share
37
104
31
Apr
223%
733/4
77/a
149
Feb
Dec
Jan
12 Va Jan
16% Nov
6% Nov
81
Jan
30ya Jan
19% Nov
1V2 Jan
18% Jan
70y2 Oct
24
Nov
58% Dec
:
THE COMMERCIAL
694
YORK STOCK
NEW
LOW
HIGH
SALE
Mondays February 22, 1943
RECORD
Range for Previous
STOCKS
PRICES
Friday
Feb.IK
Feb..17
Sale*, fo"
Feb. 31)
Thursday
Wednesday
15
Feb.
Feb. 15
Feb.13
AND
Tnesday
Monday
■•tarda?
& FINANCIAL CHRONICLE
the Week
h"*oCK
NEW
Range Since January 1
EXCHANGE
Lowest
1912
Year
-
,
Lowest
Highest
Highest
'
I ver
$
shart
ver
10%
11
48%
48
129%
129 v:,
11%
11 Va
11%
49
49
49%
49 3
6 Va
*5%
34%
33%
6
35%
34%
129%
*128%
129 Va
130
*130%
130%
175%
176
.175%
175 %
176
65
*5%
5%
1,000
American
33%
2,700
Am
130%
4%
84,%
175%
176%
*175%
175 Va
177
28%
28%
29 %
29
29%
28%
30%
65
65
66
65%
65 Va
64%
65%
20%
3,100
21
*109
-95%
96%
22
21%
96%
96%
*109
96%
96%
22
*20
115
*109
*20
*20
22
7%
7%
7%
7%
*7%
7%
*7%
7%
7%
17%
17%
17%
17%
17%
17%
17%
17%
17%
99%
99%
99 Va
99%
99 %
16%
16%
16%
16%
16 %
2%
2%
2%
2%
*6%
7
*6%
*26 V*
27
26%
2%
52 %
8%
9%
45%
52%
8%
45 %
44%
34
*33
3%
53
-
*34%
35%
*34%
55%
551/4
3%
3%
41%
*40%.
6%
6%
6%
6
9V4
84
*83%
83 %
Va
13%
7%
22%
28%
2
82
*40%
41 Va
6%
6
6
6
45
Va
*6
9 Va
83%
•
83%
13%
7%
*
22%
117 Va
121
*117 Va
29
29 Va
2%
2%
2%
24%
24%
20%
20%
7%
7%
7%
7%
*156 %
160
*158'%
11%
12
11%
62%
10%
10%
*10V4
7%
62
*159%
165
11%
162
64%
■
13%
13%
13%
13%
,13 V2
29%
29
29%
29 Va
40
40%
40
40%
39%
40%
40
*147%
148 y4.
148%
148%
148%
40%
40 Va
150%
*146%
150%
22%
22%
22%
23%
12%
13
12%
13 %
13%
13%
*13%
13%
*146
*146 %
150%
23
13
13
13%
20
20%
19%
20%
96%
96 Va
96%
96%
97
24%
25
134 Va
135
25 Va
25
25
135%
134%
20
25%
135 Va
98 Va
25%
.
136
135 Va
25%
51%
51%
52%
52%
52%
*138%
139 %
139%
8%
8 Va
8%
34%
34%
8
34%
*118%
34%
120
*118%
,
52%
.
52
52
53
52%
53
139%
139%
139%
8
138%
8%
34%
34%
34%
118%
1
120
118%
*118%
4%
4%
4%
5Va
61 %
61%
61%
61 '/a
61%
61%
4%
5 Va
5 Va
6%
61%
63%
63%
66%
*4%
5
62%
*61
5
5
*48
49
5 Va
49
5%
26%
27
27
27%
26%
26 Va-
26%
26%
19
19
*112
115
18%
18%
*112
115
*11%
•
27
:
11%
11%
V, 2%
2%
2%
-|
8,200
.{
37
12
37 Va
37 %
37%
110%
110%
110%
4
4 Va
34%
53%
53
59
*50
12%
2%
2%
3%
53 Va
53
*11%
2%
2%
4
4
12 %
12
2%
470
34%
34%
■
110%
53%
*50
59
34
34
-
34%
-■
7%
*7 Va
,
*5%
5%
99
7%
:
5%
*7:
: ■7
*5%
99
*89
7%
-7%
v.:,
5%
*5%;
99
*89
7%
■
*87
5%
V'
7%
7%
7%
7%
7%
99
*76
77
77
77
70
*67
69
68
30%
*29%
30%
• •
102
46 Va
102
*29%
102
102
46%
46%
*100
47%
76%
70%
*72
67
bo
31%
*30
46%
*100
102%
47%
46%
102
"/ 102 %
48%
47%
"4
1,800
19 Va
540
2,100
12
X
1.300
I
2%
*7%
*83%
300
,300
'—
76%
:j
200
*64
67
*30
32
300
101%
;i ' : 366
46%
47%
i 21,200
25
25
50%
53%
54
54
54
*52%
53%
*52%
53%
*52%
22
21%
22'/a
21%
22 Va
x20%
21%
20%
*114
8%
*3»/s
*33%
120
*51%
64%
*114
120
9
9
8%
*
3%
35
3 Va
*33%
*114
,
9 Va
3%
*3
35
33
4 Va
4%
4%
4%
4%
12%
12%
12%
13%
12%
52%
120
*114
3%
♦32
"■%
4%
34
>
4%
*3
*33
4%
3 Va
*2%
33%
4%.
33
■■'V
4 Va
:
Jan
Jan
Oct
9 Va
Nov
Feb
14 Va
Dec
May
35%
Jan
43
Jan
Cable—-No
&
148%
W
sfi
Midl'd
Daniels
No
par
;
gtd—100
4%
61 Va
6%
.67M»
Corp.ij--—No par
preferred—;—
—100
Associated Dry Goods.——..——-1
6% 1st preferred—
—100
7%
2d preferred—.
100
7%
preferred-2_/;——-22—-2IOO
Topeka.& Santa Fe._——100
preferred
5%
G
W
&
5%
100
1
Line RR
—100
I SS Lines.
1
Coast
8,500
Atlas
5
———50
Corp
preferred——-
$5
——No
Nichols
Aviation
Corp
par
No par
(The) „3
of Pel
Jan
49%
Jan
Apr
50%
Jan
Apr
143%
Jan
7%
Nov
33%
Dec
3%
22
>
Apr
.
Apr
,116Va
108 % May
1%
Jan
Nov
4
Apr
Feb
8
70%
Feb
Feb
17
3%
Dec
5%
Jan
Feb
17
51%
Dec
76%
Jan
5%
Jan
,,'39
Aug
■:
3%
Apr
Feb
15
38%
Jun
50
Jan
15
22% May
28%
Jan
24
Dec
30
Jan
12% Mar
17
Jan
5%
Fab
18
■
Feb
1
Feb
17
112%
12%
2%
Feb
18
Feb
16
Feb
16
38
110%
Feb
16
Feb
15
4%
Feb
11
Sep
4Vb
53%
51
Feb
10
42
Sep
67%
Feb
Jan
30
40%
Oct
66
Jan
Jan
30
21
Jan
33%
Dec
Jan
19
Feb
6
Jan
5
Jan 20
Jan 13
Jan
5
34
Jan 11
108Vz Jan
2
Jan
2
34%
•> 7Va
5%
107
May
102
■=
29
Feb
4
9V4 Feb 16
Jan 14
51% Jan 28
65 % Feb 15
Jan
4
Jan
115
Jan 13
9% Feb 16
3la Feb 5
36
Feb 1
4 Vz Feb 15
4%
/•„%.
82
Apr
r
Nov
Oct
July
6%
Jan
61
83
Jan
Jan
28Vb
Dec
Jan
100%
Dec
27%
Jan
60 Va
Jun
19%
;
Jun
81%
.
Va Mar
20
1
Jan
7
Jan 19
8
8%
Apr
Jan
53
29% Jan 29
•
>
May
4%
Dec
111% Mar
5% Mar
2%
Oct
1% July
36
Apr
Sep
2%
79
102% Feb 18
49% Jap 19
• 737a Feb 17
12%
Mar
1
27%
77/s Jan 22
79
Jan 30
68
Feb 16
.
112% Mar
,
7% May
,
26% Feb 15
54
Feb 16
22% Feb 16
108% Feb 1
Jan
52
prior A_2———
73,100
15
Jan
9
113
Jan 12
7% Jan
7
2% Jan
7
28% Jan 5
3% Jan 2
<
Powder———No par
5%' conv preferred—
-100
Atlas Tack Corp———-—No par
Austin
134%
26%
19V»
44
18%
108%
6%
50 Va
——.25
100
Refining-
Atlantic
Aug
,,
27%
19
—100
preferred——
5,500
23
.
Apr
4
Jan
6% Janl 4
72% Jan 11
59
Jan
7
29
Jan
5
100
Jan 4
44% Jan 7
66
Jan 2
26% Jan 13
—No par
Co.—
Jan
Apr
120
26
Feb
Jan
33%
34%
22
Jan
<
30
Jan
Oct
Jan
97%
/♦
,
101%
•
27
Jan
12
21%
Jan
78% Mar
17 V4
Oct
Nov
Feb
12
Jan
Mar
—
—
•
7%
21%
49
-
Jan
2
Jan 20
Jan
2
Jan
9
4% Jan 7
Artloom
Atl
_40
33
5%
5
46
49
30
6%
—100
preferred-—
Atch
9%
15
Nov
Mar
2
3
-5
Armstrong Cork-CO—2-.—-No par
Arnold Constable Corp——5
8,800
3%
5
Jan
36 %
144
Feb
16Va
111%
10Va
IV*
prior preferred—No par
conv
Atlantic
120
Jan
8%
.
Apr
24
par
Corp—-—-'12.50
preferred;
No par
Copper Mhiing—i--——-.20
Paper Co Inc
5
Andes
29
24% Jan
Copper Mining——50
$5 dlv
500
120
'
& Smelt
Hock Glass
Anchor
9%
*114
*3
Anaconda W
6%
120
*8%
55
par
Atlas
65
9%
No
-.2——100
Anaconda
200
51
65
*8%
,
Apr
6%
1
35
119
* 42% Jan 11
1,400
51
65
9 Va
f
3% Jan
par
No par
1
;■
52%
65
9 Va
EieC-——No
&
Woolen.;;.
4% conv pre! series A
8%
52
*114
1,900
109
65
3%
4%
8%
4
■
700
21%
64%
9%
33
*106%
165
12
Jun
35% May
132% May
15
142
Nov
59 Va
24
15
Feb
Jan
J an
6%
3% Apr
4% Mar
30
Feb
98
129% Jan
2
6% Jan 14
32
Jan
6
115% Jan
8
prior conv preferred———25
85
Feb
Jan
20V4
/
5
3% Jan
2
55'/4 Jan "!- 5
4
Jan
2
1,200
54
*51%
65
*51%
73%
.
Wks
preferred——
Assoc Investment
101%
Jan
2134 Jan 14
par
——100
10
Corp—.——2—.14
;
—2-100
Viscose
(Del) pf 1%
*75
26
52%
Jan
9% May
17
of Illinois
.
17% Jan 14
91
.—--'--25
Co
3,300
13%
14%
Feb
Amer Zinc Lead
1,300
8
2
15
Co
3.500
*25
65%
Jan
tsi
52%
18
&
V'
26
65
26%
142 Va
17
Preferred
P
146
23%
Feb
&
i
■V;'. 73
1st
$6
6
Feb
Water
Am
Jan
2
Feb
Armour
X
26 /
*51%
,
2
5234
53%
Armour
:.|v.
26
51%
Feb
119
% Mar
16
25%
1,200
5 Via
26
63%
23% Mar
21% May
30
136%
1.000
7%
99
26%
51%
Feb
Feb
Jan
2
2
preferred.
7%
26
63%
40%
.
2
A
7%
7%
9%
13%
30
" 42% Jan
43% Jan
Archer
!
25
109
,
'127 V* Jan
;—No
Teleg Co
3,500
I
52%
33%
*4%
12
r
24%
8%.
Feb
—-4-100
Tobacco
preferred
American
59
33
par
Type Foundries Inc
5%
Feb;
par
i 17,200
28%
*106%
6
5
5
7
No
i
38
27%
9%
t6r!c
100
i
28%
110
.113%
15
Jan
Jan
Jan
Jan
—No
Co
Common class B—
5,100
4"
113
73 V*.
9
Apr
Tobacco—2—————-25
American
100
4
28
*106%
Nov
May
14
2
2
195/a Jan
11% Jan
100
Amer Telcp &
6,200
26%
7314
.
Dec
7%
4
19
3
145
■'
Foundries——No pat)
Sumatra
Am
Amer
23%
28%
111
Jan
Nov
12%
.16
Feb
121
Nov
Apr
17
Feb
Feb
8%
12%
27
37 Va
*'
Sugar Refining———100
American
V
400
4 24.600
3%
■
._100
Preferred
410
■f 15,200
5%
•49
73%
8% V 9%
9%
Feb
29 Vi Jan
lOVa Jan,
54
Jan
preferred———-—100
Steel
4,200
•5
65
i
27%
*106%
6 %
4
110%
f«.
154
_No par
Smelting & Refg.„v—No par
Stove
i 61,800
73%
9
Jan
ft Jan
—-25
Stores
{
900
4 25,200
28 Va
111
x26
par
%
10 V*
91
J an. .19
4
116% Jan 29
-100
preferred.—
American
61 %
73%
8%
4
100
American
4%
i
27%
*108%
7% Feb
20V\ Jan
Safety Razor
—18.50
Seating Co——No par
i
73 V4
8%
par
Rollfng Mill
American
13,400
i
28%
110 Va
15
par
Ship Building Co.
Amer
400
1-
■
27%
8%
Feb
Light——No par
2,600
\
f
73 % :.73%.
•103V4
14
8V4
23%
65
Jun
Jun
6%
18
7
11
No
9
18
Feb
No
COi—
Feb
10% Feb
87%
No
Ltd—.-.i.
45%
12v4 Jan
Fdy Co.—^._-No par
600
6%
*50
:
Amer
—
1,900
13%
27%
OO
2
81 Va Jan 20
;
.
Jun
73%
*52 Va
40
2
7% Jan
100
16%
27%
22
35% Mar
39% Jan
——50
17
73%
*21%
Jan
Feb
■
119 Va
52%
32
46 %
Nov
7
Amer
3%
66
32
5%
Oct
i 12.800
110%
77
67
68
Dec
Apr
Co
conv
Dec
May
4%
23%
1
37%
■
7%
*30
76%
-
2
37
Jun
Vt
*2%
7*4
102%
*75
*66%
*29%
7%
'<•
;
2%
136%
8
*11%
■
5%
*83%
Oct
2
42
9
34
19 Va
99
7%
Jan
56
Apr
Jan
Mar
19
138%
*112
34%
7%
IVb
25
26
"
7%
,!•
Feb
25%.
59
-
11
29
Jan
26%
.
53
5
16
Jan
Feb
25
5%
4
7%
3% Jan
Jan
Sep
41
•
*5
*89
2
2
x36%
19
151
'
*7 Vb
'
56 V» Feb
2
>
49
111%
33%
7
1
4%
2%
*50
5
35% Jan
136
61%
12%
53
53%
Jan
53 V2 Jan
35
-1
Oct
3%
36 %
2 Va May
32 Va
35% Jan 21
144% Feb
13
*118
19
38
4
2.-25
7%
5 Va
~
15
19
2% Jan
—100
33%.
5
3%
3% Feb
31% Feb
; tPreferred
1,600
:
112'4
4% %
5,500
50
*110%
4
3%
58
34
x38
38%
110%
53
*50
34%
*37%
4
53
58
*50
38
110 Va
Jun
35
American Snurf———^_^—_
i
119
2%:
25 %
I 1,300
j
40
.' '". 137 %
34%
19
25
15
Preferred
American
American
770.
52%
8%
112
*11%
34% Jan
Dec
Feb
Am Rad & Stand
1,800
I
.
25%
;■
42 %
6%
—
Power &
American
'51 %
27%
19%
Jan
1
7Va Feb
News
3,300
1
151
51
64
113
10%
150 Va
135%
;
66%
19
.
13
11 %
Amer
I 2,690
11%
-r
6
*112
115.
45 Va Feb
Jan
Jan
18
*24%
i
138 Va,
26%
Jan
6
7
39
2
6%, preferred—X--—-.
30
52%
.25%
%
8%
Feb
13
25 Va
26 V2
1
5
&,Metals
117,700
64%
*13 Va
136%
27%
6
9% Feb
4% Jan
Metals
4
97 Va
26
.
19:
*18 V4
.
*112
110%
37
*110
26%
Dec
Dec
Dec
16
17
19%
27
27%.
*25%
49 %
53% Feb
15
97 Va
5%
Jan
18
Feb
97%
*49
18%
2
Feb
6%
5%
Jan
12
64Va
61%
48%
39st
19
6%
5 Va
1
xl60% Feb
4%
x48%
49
49
Feb
22.
61V*
5 Va
5 Va
49
3
2
26%
5%
'
Jun
5% Jan
Mach
131,900
20
65
16 %
Apr
8%
67%
11
Apr
61%
66
Dec
19
Feb
15
6%
5
..
Nov
Jan
Feb
22%
13
*118
7 Va
25 Va
3% May
7
27
77/a
61%
5
4%
.
34%;
120
Nov
2
13%
v
Dec
Nov
3
6Va Jan
149
23%
8
'
Jan
San'yl—-No par
7%
20
34
%
15 Vb
13 Va
137.
■;
f.
100%
16 Vt
May
7% Mar
12 Va
*147
53
8
■
15
11
51%
138%*
8
92
15
15
63%
150 Va
52%
16
Feb
40
51%
17
2% Feb
Feb
11 Va
40
53%
53
Feb
17% Jan
21%
160%
149 Va
52%
,-51%
100
2V2
25%
39%
25 Va
Jail
37V4 Jan
Amer
American
Oct
Dec
22%
Dec
46V8 Jan
Locomotive——No
Preferred
120
14
*
1% Jan
par
11L
of
preferred—
conv
22
2
2
39%
135%
-
„
136
5%
Jan
1
Co
Invest
American
.
—
18
Jan
7%
4
•
52 %
18
18% Jan
16% Jan
40 %
*97 Va
Jan
3% May
par
20
20%
*97
15
Va
preferred—-—i.100
Corp—
No par
Internal
Amer
American
Amer
55,200
13Va
*
1
19
10
—No
300
29'4
xl3
13%
13 Va
Dec
Feb
7% Feb
20
Feb
1
Jan 26
Jan
2
Jan 27
Jan; 8
'^1% Jan
2
6% Jan
8
24% Jan 21
19%
6%
14%
97 Va
..,15%
20
,
par.
Va
22%
Mar
103
May
No
13
23%
110
Mar
16-
nveferrpd-——
*28%
*147
150%
.23%
13%
13
*13%
20
20
*95%
*147
.23%
May
69
preferred—- .—.—No
11%
64%
39%
105
2
85
xl60%
11 %
149
.
15
28
101'/« Jap
4
$6
13%
40%
40%
40%
21 % Feb
109 Va Jan
Feb
96,
8.100
39%
148%
40%
149
149
5
109% Jan 28
.
.
Jan
4,200
29Va
40%
'
,
,18% Jan
par
Oct
73%
55 Va May
I
13%
29%
6
"i
2Va
.28%
13%
29 %
72% Feb
Jail
23%
7%'
11%
11
11
11
13%
29%
15
Dec
33
rld%
2
165
63 Va
64 Vi Feb
74%
176
»
1«%
■
7%
11%
64%
64%
11
10%
*159%
12
11%
62%
11
7%
May
—50
Ice-vi—
4,000
1,070
29%
20
f
23%
21.,
7%
7%
121
29%
23%
1.1°%
■
120
19
—1
,
preferred--:—
conv
&
i
22
2%
2
23%
24Va
13%
40
Leather—
«fc
Mach
3,500
<
1
!
:7%
22
29%
29
20%
29%
40
Hide
Amer
i
-
24Va Jan
30% Feb
No par
6%non-cum
40
j 34,200
1 3,900
13%
v. *7%
120
X120
2 Va
2%
'■
200
4
■ ;87'
13%
22%
29 Va
24
%
7%
x22%
23%
20
■■
13%
7%
.
121
28%
86%
13%
7%
10
87%
5,300
1
10%
10%
86%
13%
7%
25%
62
6%
200
I
46
*45
10
,87
13%
23
21%
61 %
American
200
2,100
par
6
par
American Hawaiian SS Co„
7.100
6%
*6%
6%
46
*45
10%
9Va
21
11%
2,200
i
<
Mar
No par
1
6
*5%
0%
6 %
6%
47
*46
.
40
40
6'/a
41%
241/4
160
2d preferred A-
$7
$6 preferred
American
24%
11%
preferred--———No
American Home Products—
20%
*155
&
-'.$7
1,500
i
159
No par
1,900
20%
7%
Sees—
*
3
1
Export LineS Inc———1
For'n Power
—No par
5
22%
22%
2
Amer
■i 10,400
40 Va
176% Feb
American
56'/4
24 V,
1%
Amer European
Dec
9
173
;_1
Tiling--
35%
13%
29
28%
Co
Encaustic
Apr
Jan
100
100
20
preferred--
Distilling
55%
*778
120
120
29%
'
■
7%
22%
125
*118
1st
3%
Apr
15
17
Allegh Co N J___.,25
*34%
8%
14
7%
22 Va
6%
Apr
1 Vb
Jan
130% -Feb
'
56%
Oct
33
Apr
4% Feb
Crystal Sugar—I-———10
Ame"
2
85% Feb
American
American
6 Va Jan
2
71 Va Jan
Colortype Co—™—♦.--.-10
55%
45
83%
13%
*7%
*13%
Coal Co of
35%
*2%
127% Jan
4
3% Jan 20
American
3%
*39
23
120
_T"_^__100
J-No por
55%
3
15
18
-No
preferred—;
Chicle^_-__;
*34%
*5%
45%
9
Inc
Cable
&
conv
55%;
3
35% Feb
130% Feb
4
share
per
-100
35 Va-
3
2
,
55%
3
27% Jan
Fdy„_—No
35%
6
%
*45
&
5'5-Va
3
Nov
—
32 Va
3%
Oct
49
6 Vb
;-l
35 Va
*40%
8%
8%
2,200
9%
Apr
3% Mar
100
*
3
6%
45%
8%
.
41
*5%
6%
6'%
*45
■f
Jan
38%
;—25
44 Va
31%,
3%'
115,500
52%
8%
33
3%
2%
*44
44 Va
32%
3%
1,400
52
8%
8
200
i
2%
53 Va
*
57/a
19
Corp
5 s Va
3%
*40 Va
52%
7
<26%
15
No par
35%
55%
3 %
*6%
2%
44%
5,100.
Radio
&
Car
American
90
900
-
26%
<
,
2%
,
33%
3%
6,300
V
2%
2%
7
27
45%
33
3%
7
8%
8%
X45
33
3 %
35%
55%
8%
16
53
x53
44%
33V
3%
3
I
100
16
2 %
*26
.26%
2%
53%
'
8%
34
3%
2%
*99
16
7
7
26%
44%
9%
45
34
3%
2%
100
2%
2%
2%
7
.26
17%
16
16 Va
•
Am
X. 1,000
7%
*99
100
16%
2%
*6%
26
3
2%
53
2%
7
26%
99%
•
800
4.
22
17%
17%
16%
.
7%
7%
Feb
49% Feb
Can
Chain
Am
5%
96'4
*18%
22
*18%
>
96
5
5
Corp
& Fdy.,
Preferred
115
*109
96%
96%
96 %
96%
22
115
*109
115
20 V8
20%
20%
20%
20 Va
20%
20%
115
15,300
.,
8% Jan
47
Jan
4% Jan
preferred
conv
Cable
American
4,000
;
10
12
,—
tPreferred
200
175%
64%
21
*20
5%%
Amer
American
2,900
28%
112
52
23,800
82
81
64%
20%
2%
190
4%
4%
4 Va
82%
29%
*108%
.
130% 130 %
130%
45/a
Bosch
$ per share
t per share
50
—1
Note
Brake Shoe
S
$ per share
preferred
33%
64 V4
.
6%
5%
29
29
aqo
450
34%
85%
4%'
Bank
American
4,300
49%
5%
83 %
4%
11'4
49%
Pur
.
*34 Va
6
34%
83
4%
82%
Shares
shart
per
11V8
■
4
176
4%
82%
.
M
share
11%
4%
65
per
11%
80%
28 y«
S
share
48%
80
4%
per
48%
79%
4 %
S
11%
6%
34%
34%
share
12
Va
6
6
*5%
34 Va
ver
48%
11
48 Va
t
share
Jun
34%
Oct
16%
Jun
34
Jan
77%
Jan
53
/
.
Oct
72%
Oct
45%
Jan
Apr
23%
Jan
99% July
109 V4
33
14%
Mar
Feb
6%
Sep
7
Jan
46%
Apr
51
Dec
43
May
70
Jan
111
May
116
7
Apr
9
Va
Jan
1%
Apr
3%
Dec
•
;
Jan
31
15 Va
Apr
2%
Jun
4 Va
Dec
Jan
B
13
12%
13%
13
13%
10%
3%
6
Jan
2
13% Feb
17
9%
Jun
14%
Jan
Jan
2
4 % Feb
17
2%
Jun
4 Va
Jan
Jan
2
7% Feb
17
4%
Jun
7%
Jan
5%
Jan
2
7% Feb
5
4
Apr
6%
Jan
Bangor
Jan
6
44% Feb
5
22
Jan
Conv
Feb
9
13% Feb
17
6 Va Mar
Jan
13
8
Feb
15
4%
Jan
5
35
Jan
29
Jan
2
14% Feb
5
8%
Jan
7
15% Feb
17
12 Vb
Jan
7
25% Jan 30
Works
Loco
t C—,—-13
13%
27,100
Baldwin
3%
4
4
4%
4
4%
4
4%
4
4%
4
4%
16,700
Baltimore &
7
7
7%
7%
7%
7%
7%
7%
7 VB
7%
7%
7%
10,300
6%
800
160
6,400
preferred——————100
& Aroostook
—50
5% preferred
—100
Barber Asphalt Corp
10
1,200
Barker
7
42%
12
7%
*33%
14
14%
*24%
25%
7
7
7
*42
42%
43
12
12%
7%
6%
43
12%
7%
12%
8
8
6%
43
'12%
8
34%
34%
34%
*34%
34%
14%
14%
14%
14%
14%
14%
14%
15
25
25
25
25%
26%
26 Vi
105%
112
*27%
*105%
*27%
30
26%
112
31
'
14%
*25
*105 %
V2
1.00
104
101
101
10
10
10
10
13
13
13%
13%
36%
36%
36%
*27%
37
*100
9%
13%
6%
43
12%
8
*33%
14
6%
43
13%
8
6%
42
6%
42
13%
6%
*41%
43
12%
13%
12%
13%
7%
7%
7%
7%
34%
33%
14%
13%
33%
14
*33
13%
34 Va
270
13%
9,500
15
14%
25
25
24%
24;%
*24 %
25
400
Bayuk
26%
26%
26
26
*26
26%
700
Beatrice
112
30%
*105%
*27%
112
30%
>105 %
*27%
15%
112
29
104
*99
10
10
10
*9%
10'
13%
13%
13%
13%
13%
104
>100
104
14%
*105%
*26
*100
15%
7,700
29
104
300
36%
36%
36%
36%
36 5a
36 %
36 Va
10.700
15%
15%
15%
15%
15 %
15%
15%
1,900
55%
26 Va
26%
27
27
26%
27
10
10%
10%
10%
10
10%
60%
115%
For
footnotes
see
page
.
703.
10%
59%
60
59%
115%
116
*115%
Beech-Nut Packing Co
*55
55%
55
55
200
Pr
*26'%
26%
26%
27
1,700
Best
10%
59
115%
■10%
60%
115%
10
58%
116
10%
7,900
59%
13,300
116
'
1,400
Best
Indus
12
34 %
14
No
Loan
par
pfd $2.50 dlv series '38„No par
&
preferred
(Del)
:—>—100
110%
16
28% Feb
9
15
Dec
Dec
Apr
6%
Nov
24% Aug
33%
Dec
Jan
12%
Dec
Jun
18 Va
Jan
Apr
X23 %
Nov
15 Va
20
23%
64
Apr
26
Oct
Mar
105
Oct
Jun
30
Feb
Apr
110%
Jan
101
Feb
Jan
4
10
Jan
15
6% May
9 Vb
Dec
Jan
2
13% Jan
29
9% May
17%
Nov
4
37
Feb
15
28% May
39%
Jan
15%
Nov
12
11
15% Feb
13
97/e May
19
55
—No par
1
Foods
■
22%
8%
55%
—No par
Co
Bethlehem Steel
7 %
9%
-1
5
26% Feb
36
13%
103
93
No par
Corp
Aviation—-—.—
Beneficial
27
60%
Aircraft
Bendix
55%
116
RR
Bell
55 Va
59%
Creek
Belding-Hemingway
15%
114%
28%
9
preferred w w
1,100
*54%
59%
16
4,000
15%
114%
24%
9%
15%
58%
23%
-25
No par
50
—20
Inc.
Creamery—
13%
*54%
114%
-No par
Works Corp
Cigars
9%
15%
10
5
—1
—No par
13%
55%
55%
—50
Co
Oil
Iron
Beech
.
15 %
*26 V8
Bath
$5
112
*54%
36%
preferred
5Vz%
Barnsdall
26%
15
—100
34%
12
5%
30
12(4
13%
Brothers
25%
15%
v
Ohio——:
4 °!t
55% Jan
20
46% Mar
54
Sep
Jan
7
27
Feb
15
17%
Apr
24%
Jan
Jan
5
10% Feb
15
8Vb
Dec
8%
Dec
60% Jan
29
66%
Jan
Feb
16
Jan
7
4
116
49 Va May
105
July
121
Jan
Volume 157
THE COMMERCIAL
Number 4153
LOW AND
# per share
S
shara
per
*
per snare
28%
*28%
28%
17 %
17 Mi
28%
171/4'
17%
.17%
17%'
Friday
Feb. 18
$
the Week
per share
S
share
per
Sale*
Feb. 19
Thnrsday
per share
28
%
28%
28%
28%
*28%.
*17.1/8
17%
17%
17%
17%
.
695
STOCKS
Feb. 17
I
CHRONICLE
PRICES
Wednesday
Feb. 16
29
*28 Mi
SALE
Tuesday
Feb.15
Feb. 13
.
HIGH
Monday
Baturdny
& FINANCIAL
for
NEW
Range for Previous
STOCK
YORK
Shares
28%
Par
700
-
Blgelow-Sanf Carp Inc
,
per
Lowest
:
$ per share
share
7%
•7'/a
7%
7%
7%
7%
71/4
16%
-16 %
16 %
16%
16%
16%
16%
11
*10i/4
10%
9%
IOV4
*9%
101/4
99
*16
*9%.
*95
*97
99
■
*97
16%
17
45
451/4
45%
42%
19
*92%
95
-
19%
■,
24%
24
29%
*2%
3
*29%'
21
21
21'/a-
10%
10%
30% Jan
30
18%
4
17% Jan
30
14%. Apr
par
6% Jan
2
7% Feb
15
.»*———#
13% Jan
5
16% Feb
17
Bloomingdale Brothers
—No par
& Co prefer redo—100
9% Jan
26
10% Jan
4
76
Jan
9
97
Feb
9
Boeing Airplane
14% Jan
2
17
Feb
15
41% Jan
13
45% Feb
15
25
May
23%
24
36
36
"
45%
45 %
45%
44%
45
44 %
45
,•
94%
*92%
93%
93
93
93%
r
42%
'
42
19%
24 '/a
29%
29%
*2%'
v
3
*29%
21
'
29%
".
,
91% Jan
12
94 % Feb
9
72
May
95%
44% Feb
1
30%
19% Feb
11
24 % Feb
2
29% Feb
15
Decker
-
No par
Mfg CQ—>—No
par
291%
41
41%
19%
24
'28%
29
3.".,.
*29%
30%
21
*21
21%
f
21%
(
11;
V
10%
10%
10%
10%
10%
t
24%
24
24%
23%
24
f
36%
36%
10%
24%
36%
36%
*36%
41
41%
*40
36%
.
-
Borg-Warner
—
7
■
1
39%
*
'
f
12%
40
40
7
,V
1%
1
;u ' '
1 tr
1%
-1%
*40
■■
42
u
■
%
■
1%;
%
1%
Bearing Co-
Brewing Corp. of America-
12%
13%
12%
37
*
38
14%
14%
14%
8%
8%
8%
8%
106%
106%
8
107
107
4%
4
84
37
8%
8%
17%
V8
4%
86
8%'
•
;
4%
■
85" 1
38%
14%
14%
8%
107
4%
8
106%
700
8%
17%
22%
8%
8%
8%
i
Budd
480
7%
21%.
500
•v..
17%
Jan
22%
Dec
19%
28%
2
Jan
5
25
19
Jan
X15
1%
3 %
Oct
31%
Nov
May
201/4
Sep
7%
Jun
Jan
Jan
16
36% Feb
Jan
37% Jan
7
41
16
26
17
30
15
15
15
Jan
27
9% Jan
2
13% Feb
1-
'
8
38
Feb
16
2
14% Jan
30
7
8% Feb
10
.-100
104% Jan
Feb
107
12
35%
.
Nov
43
Apr
Jan
%
Jan
Apr
1%
Jan
7
Jan
.
Nov
1
6% Jan
par-
Nov
A APi
5
.-—No
;»—
9%
21%
;
Feb
*,
% Feb
1% Feb
/
Dec
Jun
15%
/is Jan 13
Jan
Mar
.
17
Apr
10%
Nov
35
Jan
28% July
9% Apr
14%
Oct
Dec
8%
Jan
Xl03% Mar
112 %
Jan
6
13
No par
3
Jan
2
4% Feb
17
2 %
Apr
31/2
Dec
2——100
77
Jan
9
Feb
15
'47%
Jun
85%
Dec
7%
Oct
',No
par
6% Jan
10
5%
Sep
—1
141,4 Jan
17% Feb
10
11%
Sep
!__No
par
19% Jan
22% Feb
15
16% May
——
Forge
Co
40%
16
33
Dec
Feb
Apr
21% Feb
*
43
13% 'May
18% Mar
Feb
—
Wheel
Buffalo
3,400
Jan
24% Feb
Mfg
Bullard
/
Dec
21%
11
preferred
Budd
•
5,600
■
17%
22
75
4
Co—
(E G)
July
13% May
58
■
4
preferred—..
7%
Jan
Jan
29% Jan
16,300
8%
*17
V
-
190
4
t
Co
Bucyrus-Erie
Apr
12
8
20% Jan
13-
;
r
83
8V8
(
-
22.
5,600
.
4%
4%
82-
i7%
'•
21%
22%
107,
84
"17
17%
*106%
2,300
Jan
par
Bruns-Balke-Colleuder
-
f
9
7
-
14%
par
Brooklyn Union Gas——,i—No par
Brown Shoe Co—!
—No par
.
-
e
Jan
Brooklyn & Queens Tr———No par
Bklyn-Manh Transit-,
^i_,_No par-
200
)
14%
-7%
4%
83
8%
17
22
.
"
4 %
84%
6,800
:
r
38
14%
•
Bristol-Myers
20-
Jan
Jun
.3% Feb
•
Jan
Sep
11%
31
„
Dec
19%
-
7%
No par
——Lw5
Briggs & Stratton
,
2,100
12%
*35%
•-
.
-6,100
t
i
1%
'12
,
106%
41/4
84%
;
8
107
8%
22%
12%
14%
8%
*17%
22%
*1%
12%
38
14%
8%
22
1%
12%.
*36
.
4%
84%
•
*1%
.
<V
9
16
i
5
No
,—
Manufacturing——.
Briggs
2% Jan
28% Jan
•
29
Apr
.No
Bridgeport Brass Co
400
%
*35%
1%
12.%
,
17%
*17%
21%
•
106%.
-84%
171%
21%
"
106%
4%
83
1V4
38
14%
8%
14%
37
14%
*35
12%
US'
13
;15
100
' 8
28% Jan
1»5
Roller
2
Jan
2
..5
Bower
7,300
41
-j; b
v
'
1%
12%
*40
,
17"
■22 % Jan,
15-
Corp——
*
39%
M)
38% Jan
1
—
—~y
Boston & Maine ,-RRi.
42,200
;
'■
•36%
par
Ind
Stores
500
t
21%
par
500
'
29%
A^.——. *No
class
400
-
f
29%
-
Brass,—-
&
Borden- Co '(The).-sj,
4,100
3
;/.. ,3.-/
10.500
~—5
—^.5
.
.No
Ami Co
Bond
2,900
f-
Co..
Class B__,
400
•
('
•
Bon
10
,
19%
23%
.
29%
'
3
3
21-
24%
36%
24
'
No
Laughlln Inc—.
Aluminum
Bohn
2,100
';
&
Co—,
Blumenthal
120
41,900
•
41
10%
24
36%
I9V4
30%
*29%
21
-
'
29%
3,
r
31
(
*02 %
41%
19%
23%
10 '/a
23%
■
41%
42'A
19% '.
24
10%
36%
,
16%
24%
%J
60
h,
90
16
-
Bliss
600
...
87
21%
10'%
23% '
*79
19
31
-
10%
16%
*
19%-
31
*10',
.
88
29%'' 29%"
*3% .'31/4
' 10%
share
8
Jan
Blaw-Knax
v
,
161%
24%
31
,
"
16%
16%
421/4'
I91/4
29";
(.
16%
*9%
90
23%
■•
»
16%
16%
42% '-42%
421%
16%
451%;
23%
.
'
7%
16%
45%'
95
7%
*92%'
16%
*92%
7%
16%
'•
16'/a
,
*84
99
7
I per
16
Black &
'
7'/a
Highest
4 per share
27% Jan
1,100
9,300
17%
t
1912
Year
Range Since January 1
Lowest
•
Highest
EXCHANGE
Co—•_
!
8% Feb
15% Mar
25
Oct
26%
Nov
20%
Dec
•
*28
28%
28%*
28%
22%
22%
22%
22%
56'%
57
*55
*551/4
28
*54
55%
10%
10%
3%
•3%
*47
27%
28
22%
22%
-3%
6
56
*54%
*55 •,
56
54
54,
54
*53% i'54
4
28%
28
10%
*28 Vi
28%
27%
6%
6%
*22%
22%
'
22%
*22%
54
-
.
*
<-47
/
6%22%-
3%
3%
11%
11%
12
11%;
11%
11%
11%
11%
11%-
75
75%
75%;
75 %
75%
75%
75%
75
75 ' /
17%
17%
17%
17%
171/B
17;%
17%
17%"
17%" 17%;
25%
251/4
3%
3%.
3%
13,700
Bush
20
6%
3%
f
28%
f
6%
6%
22%
..
.•
11%
•3%
1-0,100
-:."
22%
.
•
75
■
x ■
3%
49
28%
28%
•
1,100
.
10%
•
3%
,/
•>
- ...
'
.3%
.■/.
■
800
300
•
630
1
preferred
700
■
-
f
*24%".
24%
f
*53%-
54
/(•"
17
57% Jan
17
55% Feb
57
Jan
53
22
Apr
51
Nov
9
16
54',
.
10% Feb
9'4 Jan
par
«•,
6%
20
40
18
Jan
28% Feb
15
6% Feb
10
4%
11
19%
Feb
2% Jan
•3% Feb
18
12
Oct
3%
Feb
44
Sep
x22% Feb
Dec
9%
Sep
20% Jan
Dec
55%
Jan
16
Jan
49
Jan.
57
;
Jan
2'%
15
4'4 Feb
2% Jan
41
5
51/4 Jan
Nov
24%
Oct
6%
Feb
'
21% July
.
2 %
3%
Jan
Feb
15
10%
Nov
72
Jan
,75% Feb
15
69%
Dec
95
Jan
Byron Jackson Co————No par
16
Jan
17% Jan
16
10
Jan
17
Dec
16%
Jan
22%
Dec
50%
Apr
53%
Nov
%
Jun
2,500
/
2,500
•
17%
Jan
Feb
56-
preferred—i_—30
Copper & Zinc—
—5
Butte
100
v
..
—
19% May
14% May
Byers Co 1A M)1
———jNo par
Participating preferred-—^
100
' 5,100
-
{
19
55% Feb
/
5 % conv
.--
15
21% Jan
Bldg, 7%
Butler Bros
4 4,700
e
11%
*73.%';.' ,75.1/2
•"-'." 17%.
20% Jan
-1
par
—i—_100
;
^
*
I
y——j.
28% Feb
23 % Feb
24% i Jan
par
preferred—100
!—
^10
Term
Bush
.
2,900
,
s~No
—i
Terminal/
'
'
•
r
3%
.-
'
11%
Watch
Burlington Mills Corp
Conv pref $2.75 ser——.i—No
$2.75 pfd (called Mar 1 1943)
Conv pfd $2.50 series—nv—',
Burroughs Add Mach_^.——No
5,200
n
r
r;
54%„
10%
4%
49
6%
'■<
6%
•
10%
3%
*47
49
28%
-
"
,
4%
*47
*22%
22%'
4%
48%
6%
6%
3%-
414
'/a
'
10%
10%
10%
10%
48
•
55%
*54 ia r 55 V8
'
Bulova
500
(
23%
*55V4
55%
55%
4%
34
22%.-
3%
56-
551/8
»
28%
22%
56V2
55%
48%
,28
....
6%
*27%
22%
54
10%
'
3%"
*47
6%
22%
22%
28 %
22 %
56%
55%
10%
49
*27%
...
55%
56%'
*55%
*54%
22%
22%
28
28
28
i California
9%>Jan
Apr
6% Mar
"
*53%
'
'
V
'
•••'.
•
57
.
7%
:,',!/!
}l<v:
'■!
2434
57•
».
*53%
1
7%
1%,
■;
.7%/"/
.':
17
16%'
17-
v
32
*
/
'17
'
*
'
24%
24%
54%
-
*53%
54 y8
25
1%
16%
7%
;
•
171/4
32
..-A
17%.: "v,
*16%
25%'
*
*53%
is
Ht
25
■
"
-
7%
7 %
7%
'...;■..
-
<24% Ai;
,*53%,/ 54.11/8
7%
.
18 •••"■:
i,
>
lVb
■
7%
■
17%
17%
4'
G -/24%
11/8
•
;•
r "
7%
/
'
*
7%
17%
7
y
.7%
*
•
,
13% .1 18-'"
l'/«-
»"1
17%
5 %
/; 6,600
17
*31
%
6%
,
40
*38%
5%
*39
/,
32%
6%
3
6%
i-
5%,,.
38%
91
30
,
91
29%
6%
40"
*38%
'
6
*32
•; •/:'
39%..
6
5%
46
*39
-
.*32
6%!
*38%
,
46-
16%-"; 16%
.32Vi.
61%
».
6
.*39--
.4
16% •16%
32-% 1
6 %
,
6%
46
16% •'■
*32
38%
*30
>
fc
6%.
:5%
'
46
;
r
32 % /
•:
f
6%
.
t
6%
39%
,
*5%
,
91
: 3,500
X
20
t
14,900
r
Canadian
j
Cannon
5%
*39
>•:
*
,"431/2
'
%
r
39%
'•'5%
■
.
*90y8
\
6%
*38%
'
6
43 %•■>.!
16%
32%
:
*32
-
*39
„.
116
-
6%
*38%
.
;;
•
•;
'"•
.
1
i.
100
'Canada Southern Ry Coi-L_.
4,400
.
4-.
22% Jan
•
Pacific
>
% Jan
:
25% Jan 27
"
Mills
—No
4
% Feb
15
7% Feb
2
,
6% Jan
18
5%
11%
7%
Nov
Jan
16%
Nov
91%
Apr
151%
Dec
Feb
2
15
27%
Dec
33
Aug
7
3%
Jan
Feb
13
17V4 Fe),
29% Jan
;
23.
32
63'8 Feb
7
Jan
36'/4 jan
par
'9
21
39
8
15
Feb
4
32
7
9iy2 Feb
16
77
8
30
Feb
2
2
Jan
25
Jan
v25% Jan
40
100
X85
•
42
1%
"
90%
90%
29%
29%
,
91
90%
91%
v.
90%
"
...
90%
.
90'/2
.
4
•
90%
Clinch
Ohio
&
Ry_
r
4
4%•
91%.
-
'
-
29%
29%
4%
.
4-i/s
Alb
:
90
89%
91'%
30 * 4
*29%
'
•
4V4
4%...
....
y
89%
89%
/
28Va-!*29Vb"
;
...
*88 /
:
.
f
41/8
{
1
800
*
•
"4
J
4%;
*132
-
2,000
>
88
88
,
Steel
13"
Carriers & General Corp—
—i. l
Carpenter
'
89%
:
' * 29%
*28
'
:
Case
900
Co"
(J I)': Co.
V
3% Jan
/8
4 % Feb
:
17
91% Feb
77% "Jan 11
1—100
-
'
15
Feb
37'%
17
38'%
Apr
54%
Feb
4% N0V1
Feb
Dec
Jan
89
Apr
22% July
2% May
"
'
4
.
90%
Carolina
370
"
•
7% Nov
29% May
Feb
6% Feb
4%'Jan
—1
..-10
1 'A' Jan
Jun
17
18
13% Jan
^25:
A3 preferred A————-
1
/15% Jan >7
100
Ry———
Capital Adinin class A——J.
r
^
7
i
50 :
Campbell W & G Fdy—^-i_No paf:
Canada Dry Ginger Ale—.
-ft1'
•
17
V
patl
i Calumet & Hecla Cons Cop—1_3
4,100
V
——No
Callahan ;Zinc-Lead
39,900
J
y
*
'
Packingpreferred-
'
28% Nov
3 %
78
Apr
Nov
Dec.
•
*133%
135%
*133%
134
135%
135
134
134
135
44
44%.
44Vi
45
44%
29
29%
29
29%
2B74
29%
29
29%
96%
96
96%
*97'4
97%-;
96%
96%
121
n20%
:
'
121'
*120%
'.
"121
121
t
44%
'97%
86%
8614
861/2
*86
87
87
87
19%
19%
19%
19
18%
19
3,100
86
86
86%
861/2
86%
19%
19%
19%
19%
19
>14%
.
*3.00 '
5%
:5%
1
14%
■! /./' .14%
4
;
103
37%
■
■
,,
14 5
*414
105
5%
37%
37%
14%
14%
5
'100 "•■' !"■-"-
37%
37%
4%
104
39
;
39%
371/4
3%
*17%
18
;
:
*17%
-.A
/>
3%
•
Foundry
Central
111
de
Api-
120%
Jan
77
Apr
97%
6%, Aug
8%
Dec
75%
Dec
23%
Jan
2%
Nov
4%
40%
1774
18
19 "
19%
4
37/a
4 Ve '
39%
*
4
5,700
\
••
40%
381/4
39 \ >r:
38%
-
39
.
"2,260
Feb
19
11
Feb
16
761% Jan
2
87
Feb
19
66
16% Jan
12
20
Feb
10
16
Jan
2
3 Ve Feb
4
105% Feb
12
3.
—100
Jan
,
7
Feb
Apr
90
Mar
1%
,6% Jan 21!,;
15 «/o Jail 29
' 2
Jan
13
'
Apr
1% May
13
Jan
1% Jan
preferred—100
\
13
97% Jan
Co——„—1
4%%
11
Jan
3%
18
Jun
Dec
Jan
110
■
.
Dec
Oct
Jan
:
3
Feb
.5
:
2%
1
3%
Apr
Nov
100
X100
Feb
18
105% Jan
8
82
July
104
No par
Pasco Copper
x33
/Jan
14
37% Feb
16
27
Jan
35
3
Jan
: 2
4% Feb
15
1%
32% Jan
2
40V4 Feb
15
23%
17% Jan
12
18
15%
Sep
Jan
' 5
19% Feb
10
14%
Jun
105
Feb
19
93
Apr
12
Feb
10
5%
Apr
27%
Apr
36% Jan
89
98
Products/^.—
Certaln-teed
i_l
61c prior preferred—^—100
/
3
98
—J.
Preferred
Cerro
110
Feb
!122
Sugar Co
p.——.
Century Ribbon Mills——No par.
*
Dec
1
i
Central VJoleta
10
2,200
Dec
97%
4
tCent RR of New Jersey—
5
29%
Apr
-„„..No par
Aguirre Assoc
Lt
Apr
82
—100
Central
*
15
9
;
12
preferred
42%
16
25
45
-8 % Jan
No parv
—
-
Dec
Feb
119
100
1
130
/
29% Jan
21
93% Feb
2d preferred
Central
:
'V:
—
100
prior preferred—y——100
5%
30
Jan
97% Jan
95% Jan
'
39%
40'A
'•*
{
J
36%
2,400
'*.
preferred-
prior
6
.
117
26
40% Jan
No par
7%
'V Celotex Corp
3.200
,
f,
•
38%
'
390
/'• '
14%
*98%
"
!
12,600
6'/8
*4%
37%
10,900
2%
14%
4%' :■■■
330
!••' 105
5%
14%;
.*4
/
103 •% "/ XlOO
*100
103
4/:
:
4'4
8
.
98
'
2%
105 y8
5%
'
14%
37%
3
105
5%.
5%
"
19%
2%
3
106
*105
514
*100
:
' 37%
..:
*5.%
*4'4 ■; 5V. ••:::•:
5
*100
4
■V
2%
3%
106
*10414
104%
'*4%-
V
37%
" •'
27/a
31%
:• /
5%
' 14%.
.
103
.; 37%
4
;
1
14%
*4%
.
3
;
;
seties
7%
120
1L
104%
5 %•
t
140
,';•/
10%
10'%
i'
121
10%
10%
;
350
135
26% Jan V7
—No par
i Celanese Corp of Amer
4,000
10%
10%:
.
1271% Jan
——100
Caterpillar Tractor—
6,200
(
10%.
i.
3%
( •
k.' •;/>■
11
10%
5
121
v
44%
28%
99
97
10%
10%
105'%
J
i.
-
"•281/4
98
97% v:
/
121
■
.
97 %
97%'
2%
121
„•
97
97%
•
5
121
44%
28 %
97
.
.
Preferred
100
97%
97%
105%
120%
:: :
44%
.
28%
-
)
97%
97%
*97%
.
:
45
135
i
'
44 %
43%
96%
.
134%"*
■
'
V
Dec
Oct
Apr
3%
Nov
Jan
32%
Dec
19
Jan
18%
Oct
•:
*18%
19%
'
Tol :
/■;</■! 11%
'
/■;.;•.! 36%
/"% 98 '
3%
."
1
98
'
,
llYe»
:'v
-
:
101
101'
*101%
*11%
■:'?v 37
37
*96
•
/
100
4
-
104
*17%
*17%
18%
*102
4
12%
8%
•
*10%
36%.
%
37 V&
36%
36%
99%
"97'/2
100%
*96
3%
3%
3%
.3%
3%
3%
3%
8%
9%
874
8%
8%
914
8%
9%
2%
123/4
12%
.8%
12%
8%r"
;
;.
■!.!
.
12%
12%
874
9 ;
2%
2%
2%
2%
•:
12%
/
,
9
2%
*2%
-
2%
i
•,
"17%'
:
•; 38%
38'%
./
54
- *49
'%
■
-1%
•'.
-*49'54
v.'i%r.'
•
;
12%
14%
15%
'%'
1%
1%
*12
.-
.
51%
1%
•;
M%
27%
*26
73% ■"
73
:
73%
„
101
28%
*28
1%'-'
12%
*11%
12'4
15%
15 y8
151/4
4%
*33/4
*3%
35
35
*121
128
*121
32%
•
*102%
1121/4
105
27!%
;
U
73%
*24
.
73%
13%
12%
"
27%
%
%
1%
29
29
4%
*4
35%
35
*122
128
*60
-
128
74%
*111% 112%
-
*11%
1%
*241/2
3,200
r
4
300
"
4
.
33%
331/4
33%
33 y4
102'%
1021/2
1021/a
112
*102Vs
1,300
l
6,200
■
4
70
K.
17
99% Feb
3
2% Jan
' 2
,3% Jan
29
;!■••%
Apr
Apr
2%
Dec
7% Jan
'7
9% Feb
1
2%
Jun
8%
Nov
2% Jan
-6
k;2% Feb
1
1%- Jun
2%
&
Class
Chic
East 111
A
Co——No
RR
;
Mail
Order
par
—40
,
*50
42
35%
*740
17%
*104
19%
149%
99%
99%
99%
*■
*740
■«,
17%
*104
3%
4%
18%
3%"
'
-5
4
4
•
18
footnotes
*104
20
*109
16%.-
3%
5
.
110
16%
-
,
18
16%
31/4
*4%
'
4
42>4
41/8
13
Feb
1
8%
Jun
13%
Sep
! 4
,19
Feb
15
4%
Jan
7 Ve
Nov
Jan
6
17% Feb
10
12
17%
Jan
Jan
8
38% Feb
18
33
Apr
6
50 Vii Feb
17
47
July
.
!
m
7 %
preferred-'
———100^
—,_No par /
No
C.
C.
5%
C.
& St.
preerred
Louis
■
t
800
104
iClev Graph Bronze Co
20
:
5%
(The)
preferred—
Jan
30
.7
3514
99%
*63
'
*104-
106
110
110
3%
*145
991/2- "
17%"
*'104
'
19%
109"
110
*740
17%
105
109
15%
*3
3%
.
3 %
•
5
*4%
4%
*3%
"
'
4
4
18
18
17%
17%
■
17%
18
17%
105
19%
*109
16%
4%
18
Climax
duett
1,000
./■
.
"2,900
112
•
*17%"
xl7%"
•
17%
•
17%!,
15%
60
15%
*3
474
3'A
.
3%
-•
17%
17%
17%
570
99
34
Jan
13
5
Jan
27
Jan
13
37% Feb
15
28
Jun
130
Jan
18
Jan
18
120
Dec
67
Feb
2
109% Jan
4
112% Feb
8
28% Jan 22
33% Feb
17
22
26
95% May
9
101'/4 Jan
440
<•
3,200
^
2,200
68% Jan 22
7
103
Jan
x86
Eeb
Mar
Aug
Apr
3
Jun
39%
Nov
125
72
Mar
112%
67% Apr
■107% •Jun
Dec
Nov
31%
May
Dec
102
Dec
Jan
23
77% May
84
% Mar
50'
Feb
6
50% Feb
16
47
May
50
Jan
38% Jan
2
42% Feb
13
32%
Apr
44
25%
Apr
36% Jan
331/4 Jan
12
35% Feb
1
148
Jan
19
150
Jan
8
88
101
Feb
2
63%'Feb
19
Jan
.
/—No par "
100
100
10% Aug
84
50
$4.25 preferred———/No par
——/
Feb
-1
16% Jan
4%
/
130
2%
Feb
Jan
70% Dec!
Jan
Get
4
1st preferred—
43%
25
Jan
11
4 %
11
May
May
Jan
/Colorado & Southern—
720
3%
1*7%
-
-
47/s
13% Feb
f 20
9
,50
I 5%
con? preferred——i—100
Colo Fuel & Iron Corp
No par
2,700
15
2'/4
92
'
/
Nov
13%
32
62% Jan
Collins & Aikman
1
No par
(The)
11%
Jun
Dec
6
2%
par''
No par
Jan
1
14
—/-No par '
Coca-Cola Intern Corp——/No par
;■
r •
Feb
74% Feb
."
—100
—
^
8%
4
15
i H%
Feb
28.
,
Feb
.——No par
Peabody & Co
Preferred
4
'2
12% Feb
15% Feb
•
33
100
gtd-
stock—/
Sep
Sep
Sep
Jan
2
Colgate-Fttlmolive-Feet—/__No par '
10,300
t
4%
Molybdenum
Class A
,
-
gtd
/Coca-Cola Co
100
.
"
'
16%
17%
r
1
10
—
-19%
-
Special
,
>
*104
-
20 %"
/Clev & Pitts RR Co 7%
2,500
r
f
99
17%'
••
50
'4,600
{
63%
63%
*740"
80
:
35'/a
148%
.
V99
64
4
..
17%
31,4
•
42
•'•34%
4%
17%
703.
■-
%
*'63%
18
20 Ve
35 Va'
-
•
86
55
41%
4 '•.
18%
page
:
16%
16%
99
99%
106
19%
20%
*35%
»».*
17%
•
41%
148% '148% *'
64
■
*740
18%
18
see
35%
149i/2
86
*50
•
55
l'/4
'
12
Jan
Mar
;
33
,-1
-
11
1%
101
100
——
1% Feb
%
Jan
-4
par
Ry. Co.——100
_/—
"Clev El Ilium $4.50 pfd——-No
Jan
Jan
%
10
5
180
12
13% Jan '4
1% Jan.-2
"27
—100
Equipment
52
Reb
100
Clark
39% Jan
)
10% Jan
96% Jan
par
City Investing Co
City Stores
5
16
67% Jan
5
JVo
preferred——!
6 'A %
18
'1% Feb
Jan
24%
/25
Ca_
Feb
Jan
n
lili
■'
-2
Jan
i'2
?
——
Copper
Aug
'
-
'
...
48 % Jan
Pacific—1—.100
&
Chrysler Corp
City Ice Si Fuel/
74%
*102%
Isl
Childs Co,.-
;
'/a
37,
'
Rock
Chile
128
33 yB
■
1
'
500
33Vn
-
15
—No par
preferredNo par
pf 1$2.50) cum div—_No par
preferred/
100
Chicago Yellow Cab——No par
Chickasha Cotton Oil
——10
1,500
•
*84%- 86%
50
""41%
42%
*148%
,
64
*740
'
18%
20%
*108
•5
*63
106
20%
20
64
—
17%'
106
*3%
For
351/4
*148%
;
99
<18 %
18
36%
149 i/a
1
*63
16
5
35%
*148%
•
108
3%
55
64
16
•
86
*50
42%
99
108
-
*85
50%
42%
42%
-
149%
*98%
85
50%
423/4
35%
"
42%
35%
,*63
85
53
*50%'
55
148 %
,
*
87
*85
87
Jan
4
Jan
6
.
*85
•
Feb
10% Jan
1-5
Co
conv
6f#
660
36%
*111% 112%
104
37 % Feb
5
Pr
*'
"2,500
■"
30%
*60
33 'A
Oct
*2
$3
,
12,300
I'
13
*1221/4
.;
~
9%
33% Jan
/ Chicago Pneumat Tool:
;
w
*36'/4
74%
111%
'
4 Ve
128
"60
111%
100% Nov
95 VB Jan
Chicago
1,000
.
(■
101.
30
36%
*1221/4
74%
111%
29
123
'
6,300
f.
72%
101
1
4
36%
Jan
13
Chicago Great West RR CO—50 '
.5% preferred—
—50,
1,500
2
72%
'
30%*
30
--5!.- ::■>'/ 8.%
8'
Jan
Chic
.
100
■4,600
27%
*12%
13
101-
♦102'4
1*102% 103
;
i
15
*33%
33%
f
■
121/8
*14%
4%
*60
1
r
•
99% Jan
—100
J
i:
2 "•
101
35
:
■■
1 Va
11%
12%
102
•
! 2,200
1%
•1
*24%- 27 Va
-71%
731/4-
.
131/8
*101
102
6,200
.
.
15
2
-
73%
23%
*122
743/4
*33%
32%
i
54
xll%
•
!
!
Preferred series A————100
!
1
*28
35%
112%: 112% *
"
1
-r
t
•14%
•;
2
.
4
1
128
*65
74%
*60
*111%
13
37i/4
36
*24
*100%
4%
•
2.
•
17,%
38%
*50
-1%
■
;
(.
8%
17
1%
•1%-
-
13
*37.%;
IS
1%
preferred
Cab Mfg_
—
Chesapeake & Ohio Ry
*
6,100
4,400
18
Pap & Fib Co__1——_No par'
6%
Checker
'
-
■'
"
•
1%
——No par:
"
/ 2%
■
Cham
\
300
; 3,200
;
<
t."
54
••/-■%
;.A
9% ""
8%
■
1%
73%
,
28%
28%
% :
'
•;
■
.
13%
101
••*491/2
14,400
-
3%
12%
'
38%!
*1%
2
74%.
13
102
50%
3/4
17
38---
1%
151/4
.
-27%
*24%
"
13
13
*S9%
2
'
:
-16%
1%
*11%
15%':
,v/
50%
.
-
"
l'/e
'
2
'
%•;
.
17%
39
*38
1%
■
121/4
15%
■
17
'
39
54
;
i'/4
*11%
..
1/
17%
*37%
*50 '/!
v
1% -
1%
1%
*1%
■
:*37%.
'
17 V4
17% •"
39%- :
17%'
/17%
V-
!>
320
Chain Belt Co
'
600
,
'
8%,
'
•
11%
3%
9 %"
y
12%
8%
/v.
:
2%
12%'
13
9
9
//"'
.:■!;-
11%
3%.
2%
900
105
105
9 Vb
2%
30O
18%
3.8%
104
3%
9
18
11%
12%
99
18
'-18%
37%
*96
;;
18
19
19
12!,/a:""
36%
,'l 00%
*96
*17%
101
*11%
12
371/8
36%
37
/.
19%
19%
101
101
11%
18
139
55%
18 % Feb
IE
103% Jan
12
106'/aJan
4
,17% Jan
,4
20% Feb
Feb
-110
~ Jan
7
141% Jan
4
16% Jan
108
/
10 %
96
May
May
30
13% May
% Apr
17
2
3% Feb
3% Jan
2
5Vs Feb
9
"OxvU
1 n
Jan
,2
2% Jan
a
3
\/
107%
Apr
17
1
May
% July
Feb
17% Nov
11% Mar
10
Jan
470
Feb
97%
Nov
63%
Jan
Nov
92
561/2 Mar
470
11
149
Jan
18%
108
-
Dec
Oct
Dec
18%
Jan
41%
Sep
51/4
5
Sep
Sep
2d preferred—
108
Columb Br'd Sys Inc cl A-i
2.50
15% Jan
6
8%
Apr
16%
2.50
15% Jan
2
8%
Apr
16%- Dec
Class B
Dec
& FINANCIAL CHRONICLE
THE COMMERCIAL
HIGH SALE PRICES
LOW AND
I per share
3
$ per share
3%
2%
3%
I
3%
50%
51%
51%
50%
51%
50%
50%
49%
47%
47%
47%
47V«
47 V8
*45%
88
88
*87%
per
3
128,500
Par
Columbia Oas & Elec
3,400
6%
47
90
5%
87
88
87
600
12%
49%
*45%
*45%
48%
47%
*86%
87
87
87 %
11.
11
11%
12
11%
11%
11%
11%
11'/a
11%
11%
*30%
32%
33
33
33
33%
33%
33%
*32%
33%
*32%
29%
29%
29%
29%
29%
30
29%
30
29%
30'/a
29%
29%
5,100
*105%
106
105%
105%
105%
105%
105%
300
*105%
*105%
106
33%
106
*87
32%
33%
33
33%
*108
108%
*108
108"%
12%
12
12%
11%
108
33%
105%
33%
121/4
u
n
n
%
a
41%
42%
41%
24%
11,200
33
I per share
share
1% Jan
2
3% Feb
40 y2 Jan
2
51% Feb
15
37
Jan
2
47% Feb
15
No
par
79% Jan
13
Feb
17
No
par
88
1942
1
15
Highest
S per share
30%
Sep
Sep
54
Jan
29
Sep
45i/2
Jan
51
Mar
84%
Dec
Jan
11%
2% Nov
Jan
7
12 Vb Feb
19
No par
30% Jan
11
33% Feb
16
24
Jan
35
Oct
10
25 % Jan
14
30 y8 Feb
18
16y8
Jan
29%
Dec
.—100
104% Jan
19
105% Feb
18
91 Va
Apr
105%
NOV
—No par
29% Jan
15
33% Feb
18
20'A
Jan
$4.25 conv pf ser '35—No par
107% Jan
5
108% Feb
2
9% Jan
2-
12% Feb
15
$2.75
4%%
—.
preferred™
conv
Commercial
Credit
preferred
conv
Comm'l Invest Trust
900
108%
24%
24%
24%
24%
4
*3%
4
18%
19%
19%
17%
17%
17%
18
13
13
13
19%
19%
13%
*91%
95
100
100
%
%
%
%
42 %
41%
41%
41%
Jj
24%
24%
24%
23%
24%
Y6
99 \
,
3%
4
269,600
Commercial Solvents—
9
39,200
18%
18%
No par
3*2 Jan
2
% Feb
5Va
;
34
Oct
Dec
100% Mar
109%
7% May
10%
Oct
Dec
36% Jan
2
42lA Feb
15
Commonwealth
Edison
3%
1,100
4,900
.25
21 % Jan
2
2% Jan
13
17% Jan
7
Co
Conde Nast Pub Inc.
18%
Congoleum-Nairn Inc
No par
18 %
19%
24,700
13%
13%
13%
13%
13%
13'A
2,600
Consolidated Cigar—
91%
91%
*91%
94%
*91%
94%
20
99
98%
99
99%
99'A
99%
——No
par
Consol Aircraft Corp
13%
18%
18%
99%'
ii
Jan
44%
Jan
Feb
1
4
17%
Apr
23%
Jan
Jan
30
1%
Jun
3%
Jan
15
12%
Apr
18%
Dec
19 Va Feb
19
16% Jan
2
10y4 Jan
2
5
91% Jan 30
90
Jan
6
15
13% Feb 15
Jan
-100
.
■A
19% Feb
89
1
preferred.
6%% prior preferred
230
;
*25
—100
No par
7%
Jun
21% July
15
No par
$6 preferred series
3%
19
No par
Commonwealth & Southern
8,300
18%
3%
18%
19%
19 %
181/4
13%
*92
941/4
3%
4
19%
34,000
12%
94
18
100
.
11%
42
(
'
4'
*91
*108
500
24%
42%
24%
11%
%
41%
*99
12%
$ per
share
'
11%
41%
4
108%
12
32%
33%
*108
12%
*108
33
108%
33'/a
108
per
100
100
Co___
Pictures
Columbia
9,700
33
Carbon
t
Lowest
No par
preferred series A
preferred
Columbian
Year
Range Since January 1
Lowest
Highest
,
EXCHANGE
Shares
share
49%
47
88
the Week
Range for Previous
YORK STOCK
NEW
Sales for
2%
I per share
51%
51
Friday
Feb. 19
Thursday
Feb. 18
3%
3
3%
3
Feb.17
I per snare
I per share
STOCKS
-
Wednesday
Feb, 16
Feb. 15
Feb.13
2%
Tuesday
Monday
laturd&y
•Monday, February 22, 1943
t,
100;
Feb
21% Mar
May
12%
Dec
74% Aug
89
Feb
83
Apr
97% Feb
4
Sep
9% Aug
•
15
*
'
-
5%
5%
18
18
18%'
18
181%
18%
18%
18
*96%
97
96%
97
96%
96%
95%
96%
96%
5%
5%
5%
5%
5%
'
97
Consol
96%
1,400
1%
1%
1%
1%
1%
1%
1%
1%
1%
1%
1%
5,000
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
1,800
8%
*5
8%
5%
8 %
*5%
42
43
■
•
8%
5%
8%
8%
8%
8%
8%
8%
5%
4%
5%
5%
5y8
5%
5%
700
8%
2,200
91/8
9
9%
43
8%
47.600
*5%
9
9',4
9%
9Vb
.
*40%
'
42%
8%
9%
8%
*40
.
8%
8%;
*39%
42
*39%
42%
'
97
*96
97,/.
97
97%
19%
19%
19%
97%
6
19%
.
101
101
.101
61/4
*101
101%
32
32.%
6%
6%
6%
6%
6
97%
21%
'
97%
21%
19%
101
101%
Y
6
5%
6%
5%
*101
400
41
140
97%'97%
20%
97%
19%
971/4
19
1
18%
'
9,000
5%
13,500
5%
.
101
101
20%
'
''•7
'
8%
.,41%
32
32
31%
i
41%'
'
5%
&
33%
;
8%
8%
8%
8%
42
42
41%
.
8%
8%
42
32%
32%
32%
8% /".
8%
42
41%
31%
.32%.
41
•
•
96
Jan
5
Feb
4
26%
Jan
7
33 «A Feb
15
Jan
2
,
9 % Jan
7?
42% Feb
Continental
Diamond
Insurance——$2.50
11%
11%
11%
*11%
11%
5,500
48
48
47%
47%
47%
47%
*46%
39%
39%
39%
39%
39%
39%
39%
391/a
58
58%
58%
58%
57%
58%
56
57%
178%
58%
178%
3%
3%
3%
1%
1%
'
■
179
177%
178
*178%
4
3%
4
3%
3%
3%
3%
1%
1%
1%
1%
180
*179
180
'
'
400'
,
6,200
3%
4
1%
1%
16%
16%
16%
16%
16%
16%
16%
16%
98%
99%
99
99
99
99%
99%
99%
IOI1/2
18%
18%
18%
18%
18%
18%
•18%
18%
18%
18%
11
11%
'11%
11%
11%
11%
11%
11%
11
23
23%
22%
22%
22%
22%
21%
22
41:
41%
*41%
13%
13%
13%
91
90%
90%
*90%
33%
34%
34%
35%
*75%
77%
10%
10%
1%
15%.
16
••
11
*40%
13%
22%
*40%
41
13%
13%
♦90
91
*86
41
/
13%
34%
34%
35%
*74
76
77
77
*75
77
*10
10%
10%
10%
*10
10%
7%
7%
34
7%
*103
Y
7%
109
7%
12%
13%
12%
12%
«
90%
*90%
90%
«■-
33
34%
32%
33%
!
74
75
74%
10%
...
7%
10%
/
74% A,
10%
l Y V
7%
*102
96 Va
*91
-41%
*90%
-
91
109
*102
96%
*91
96 y«
*91
96%
*91
7%,
109
*102
109
*102
8
22%
41%
13%
21%
.
43
*41
,
*10
7%
7%
*102
108
7% ' 1-
.•
series
3,300
Yv
10,900
500
610
4,900
..
$5
*91
!'
x9% Jan
7
11% Feb
15
8%
Apr
12%
Jan
45
Jan
6
48ya Jan 29
20
37
Jan
2
40
,
176
H
,
Apr
37%
Dec
42 %
Apr
58
Feb
11
Apr
179
Feb
15
16
179
4,
45
159
li
15
10%
85
Jun
18
12%
Jan
11% Feb
15
' Jan
15
NOV
14%
Dec
98%
'■
NOV
16%
Dec
5% May
9%
Dec
23% Feb 15
141/4 May
20%
Nov
6
41% Feb
18
32
Mar
41
Jan
4
13% Feb
15
10
Apr
12
81% Jan
2
91 VB Feb
9
77
' May
Jan
11
35% Feb
5
23% May
88% Jan
39% Nov
71% Jan
7
77
63
Jun
84
9% Jan
7
10% Jan
18
8%
Jun
13%
Jan
7% Jan
9
8% Jan
18
5
Jun
*9 :
Jan
Feb
1
Jan
15
88
Jun
74%
Jan
10% Jan
4
14% Feb
15
19'% J an
"j 32
105
12
r
,
Feb
109
15
;/
,100
,
%
Apr
19
Oct
Nov
Apr
16% Feb
Dec
-
3%
2% May
18% Jan
11% Jan
par
100
preferred
Jan
23%
15
101% Feb
377/a Jan
f
100
..100
100
...
51%
15
Jan
18% Jan
.
No par
preferred
preferred
Cuban-American Sugar
Mar
Feb
16% Jan
9
Dec
587/a Feb
14% Jan
..5
No
2
Jan
95
No par
preferred
Jan
27/a Jan
•
•
% Nov
1% Feb
53% Jan 20
—25
preferred.
conv
Nov
2% May
27%
100
conv
5% %
13%
4%
15
Dec
21
Cuba RR 6%
96%
! 13%
Dec
Apr
Preferred
13%
Jan
42%
Apr
Refining.,
Crucible Steel of Amer
108
8%
Apr
17
Zellerbach Corp
5%
Sep
30%
50%
.
conv
5%
10
16
■
10
30
—50
i
Bank Trust Co
conv
28%
15
——
$2.25
Apr
Feb
——5
Co
Inc
Crown
Jan
21V8
,
22% Feb
,
;//:,: >600
96 '/a
*91
.
.
43
103%
30
.—No par
'
'
"22%
Apr
8
''
*10%
Dec
77
2'
Crown Cork & 8eal
410
5
2>A
8
...No par
15,300
,
Jan
Apr
■>
4y8 Jan
Crosley Corp (The)
:
.
Nov
16% 'Oct
18% Jan
Preferred
Coty
5% Feb
;
25% Jan
3,700
11%
.
.
pref 5%
Products
Corn
101
May
Nov
96%
Jan
•
.1
—No par '
2,900
18%
7,200
IOII/2
K/";
Conv
Com Exch
40% Jan
■
—5
—
Del
4,200
1%
1%
16 %
Steel
7
Fibre—...i,5-
——1
Coty Internat Corp——1
Crane
Co...
i—,
25
5% conv preferred
100
Cream of Wheat Corp (The)— j
2
6,400
.
99
of
20
;—
Motors
Oil
Copperweid
220
179
Inc
Continental Steel Corp
200
-
*46%
40
_100
;
Continental
11%
58%
No par
preferred—
11%
178%
18%
13
11%
58%
1%
6% Feb
Continental
177%
16%
7
Continental
48
9
39
Jan
x4% Jan
Continental Bak Co
600
46 %.
4%
1-1% July
i6,yoo
58%
Jan
17
35,800
39%
*
48
13
8%
21% Feb
5%
39%
9% Feb
Oct
7%
3% July
6
Can
"
*
Jan
4% May
Jan
221/4
•
16
Jan
.
16
29%
11%
7-
t.25
Corp of America—25
5%
11%
12
Container
29 y2
22%
4% Jan
82
221/4
11%
29
100
22
22%
22%
5% Jan
par
pfd
9
Nov
15
29%
Jan
% Nov
-
3
19
29%
11%
1%
15
Feb
*22 %
22 %
15
Feb
9
2
43
29%
5%
2% Jan
Jan
97% Feb
22%
.
10
7-
7
22%
5%
Jun
Apr
Jan
2
29%
5%
%
7
.
Jan
22%
5%
15
18
2% Feb
5
No
6%
1% Feb
10% Feb
34% Jan
8%
Jan
Nov
94
Apr
89
30
5%
7%
16%
Apr
11
% Jan 11
No par
3 500
8%
41%.
11%
78
•
7% Jan
—1
,
Continental
6,500
2
'
Corp
Cuba
<
5% conv preferred—..,
100
tConsumers Pow $4.50 pfd
No par
*22%
5%
11
Consolidation Coal Co.—
5%
29%.
15
Corp——
Oil
of
RR
29%
22%
*98%
Consol
5%
29%
39%
Consolidated
18% Feb
97% Feb
2,800
31%
8%
8%
41%
4J.%
Laundries
Consol
15
5
5
4% Jan
5
No
Y
industries
Film
5% Feb
15% Jan
9iy4 Jan
Corp.
N
$2 partic preferred—-—.
29%
5%
29%
*46%
Consol
500
101
of
par
No par
Edison
$5 preferred
3,100
2%
*2%
101
Consol Coppermines
3<s <^0
96%
5%.
1.8%
10%
1%
*10
,
5%
18
11,300
17%
5%
5%
5%
17%
Va
Sep
Nov
140
Jun
95%
Dec
'
13%
13%
13%
'19
*18%
19
*101
104
42%
3%
25%
101
3%
3%
'
7%
25%
7%
7%
24
*95
105
*84
87
19%
*95
19%
19%
.
13%
19%
101
19%
*101
3%
14
13%
19%
19%
*101
104
3%
3%
*101
47
*95
7%
8%
7%
23%
23%
105
19%
20
19%
105
*95
19%
*19%
19%
*19%
7%
8
23%
23%
47,700
7% '
105
*95
87
*84
Prior
Class
19%
19%
19%
$8
19%
1,900
25
13
Mar
Jan
8
Jan
23
00
Feb
100
2
3% Feb
17
Jan
2
Oct
30% Jan
2
44 y2 Feb
18
13% May
32%
Nov
Jan
2
25% Feb
13
12
Jun
; 20%
Oct
6% Jan
2
8 Vb Feb
24% Feb
5% May
9 Vb
Jan
16
18
Jun
25%
Jan
18
Jan
100
No par
No
preferred
par
17
No par
Curtiss-Wright
87
19 %
,
...
1
—;
8
1
A—
13% Jan
8% May
1% Jan
-.5
.100
—
preferred
22
Jan
2
102
15
19%
>
Sep
Dec
100
100
Feb
10
100
Feb
10
80
Jan
95
Oct
No par
84
Feb
10
84
Feb
10
44
Jan
81
Nov
No
Cushman'6 Sous Inc 1%
105
*84
Inc
Press
%
Preferred
3,200
23%
*95
19%
4 %
110
25%;
23%
Cuneo
Curtis Pub Co (The)
6,700
44%
24%
.30
Cudahy Packing Co—.
20
25
44%
25%
8%
600
85,600
24%
43%
25%
24%
:
1
3%
*42%
43%
24
19%
103
3%
43
24
2,200
3%
25%
7%
8%
19%
19%
103
3%
24%
87
*84
V
25%
105
23%
24
14
43
43
♦41
42%
23%
*18%
19%
104
*101
3%
3
13%
14%
157/a Jan
4
20
Feb
15
12%
Jun
18
Oct
3% Jan
5
pfd
preferied
Cutler-Hammer Inc
par
Y
D
4%
4%
*4%'
;
14%
14%
14%
•
12%
12%
30%
14%
14%
15
6,300
30
12%
12%
12%
13
13
13
30%
31
30
30%
29%
30%
31%
31%
31%
15
-
15
15
15
101/2
10%
10%
4%
4%
4%
41/4:
1
1%
%
18%
18%
-
1%
18%
19%
*37%
40
•37
40
*14%
10%
4
1%
1%
19%
19%
40
31%
31%
31%
15
14%
15
10%
10%
10%
10%
10%
7,700
4%
31%
;
1,700
22%
38%
;
22%
27%
27%
4%
4%
4%
4%
28,100
1%
19%
1%
18%
31%
*14%
1%
*37
X21%
22%
29%
1,200
38%
1%
19%
,
40
,
*37
6,900
*38
*
22
22%
22
28
28%
29%
29
29%
29%
38%
38%
38%
39
39
38%
11%
11%
12
121/4
11%
24%
241/4
24
'
24%
"...
*85%
87
*85%
•
87
-
■'
21%
30
38%'
11%
11
11%
11
24%
93
23%
*85%
12%
12
12%
12%
12%
12%
39%
39%
39
39%
*38%
24
22%
23%
87
*85%
12%
*12
86%',
*85%
12
38%
39
22%
22%
22%
23
22%
17
17%
16%
17
16%
16%
16%
16%
16%;
16%
61%
62%
61%
62
62
62%
61
62%
60%
6i
135
21%
6%
10%
120
135
135
21%
6%
134%
22
21%
6%
IO1/4
♦10
135
134
21%
*6%
6%
10%
10%
6%
*10
21
6%
10%
133%
20%
20%
6%
116
116
146%
146%
146%
145%
126%
126%
126%
*126%
120%
*119
*119%
33%
33
33
120
*119%
33%
33%
*116%
119%
120
33%
4%
5
4%
4%
152
153
153%
154
153%
154%
154
154
179
179
*179%
184
179%
179%
*179
185
36%
36%
36
36
36V4
361/4
4%
6%
10%
116
120%
6
Delsel-Wemmer-Gilbert
,10
12
Jan
2
15
Feb
15
Hudson—
.100
8% Jan
2
10% Feb
1
,50
3'A Jan
2
4% Feb
19
.100
% Jan
5
.1% Feb
4%
18
Preferred
Delaware
&
Delaware Lack & Western..
R G West
tDenv &
Edison
Detroit
6%
—
pfd
—1
10
33
120
*6%
Match-.
preferred—
partic
6%
——No
127
.
119%
33
7
'..
6%
4%
154%
185
35%
145
*119%
120
35%
152%
Oct
37
Oct
5
14
Jan
21
Jan
Jan
6
30
Feb
19
18
Apr
27%
Jan
Jan
6
39-
Jan
27
33%
Apr
39i/2 Aug
12% Feb
15
7% July
32% May
29
Dec
4
16%
26
Dec
15% Jan
20
17% Feb
15
Ltd
——No par
Mfg Co.
Dunhill International—
No par
100
preferred
8 %
3%
4
3%
3%
3%
2,000
Eastern Airlines Inc
1
3,000
Eastern
2,200
Eastman
31% Jan
3% Jan
146y2 Jan
178
Jan
35
Jan
11% Feb
30y8 Jan
10% Jan
1% Jan
iy4Jan
19
2
20
6%
50
cum
100
preferred
1,100
35%
4
2
5
—3
Eaton Manufacturing Co
$7
2,200
$6 preferred
37
*36%
36%
26%
26%
27
27
27
27%
27
27
*27%
50%
50 %
*50
50%
50%
50%
50%
50%
4%
4%
64
63
*66
68
*65
71
71
70
64
65
71
%
footnotes
-
see
page
703.
*31
51
27%
51
*112%
26%
*50%
114
>112%
37
2,300
27%
51
1,200
I
400
1°
114
preferred
Elec Storage
El
Paso
Battery
Natural Gas
Endlcott Johnson Corp
5%
4%
4%
63
63%
63%
*61%
64
>62
64
400
$5
66%
66%
67
67
68
68
300
$5% preferred
70
68%
69%
69
70%
70
70%
280
A
5,200
4%
9
9
Iff
Iff
%
43A
A
4%
%
4%
•
32,800
No par
Public Service
preferred
100
preferred
Equitable Office Bldg
No
No
—No
No
par
par
par
par
18
19
8
4
2
4
5
337/a Jan 22
5
Feb 1
Feb 1
156%
179%
36%
13%
33 y8
12%
2%
4
Feb 16
Jan
Feb
Feb
Feb
Feb
Feb
4
5
15
17
4
15
3iy4 Jan 20
28% Jan 20
33% Jan 2
37% Feb 15
32% Feb 15
37
Feb 1
23 y4 Jan
49 V2 Jan
27'A Feb 16
51
Jan 18
7
5
109y2 Jan 11
1
Engineers
$6
:
No par
No par
No par
3
50
preferred
66%
%
ft
Ind Am shares
Electric Power <fc Light
5,200
37
68%
Boat
50,400
36%
112%
(The)
Elec & Mus
3%
36%
112%
2,300
Auto-Lite
31%
36%
4%
2%
1
Rolling Mills
5
Kodak (N J)—No par
35%
36%
4%
Jan
July
4%
2%
36%
*112%
134
Oct
7
10% Nov
120
32%
153
31%
36%
4%
Feb
Dec
35%
36%
>1121/4
Jan
112
Jan
3%
32 y8
114
8
9
Nov
32
37
32%
114
Apr
6
116ye Feb
5
144
36%
36%
32%
114
2%
10% Feb
16
118%
3
37
32 %
11
,4
Feb
=
127
36
36%
32%
6% Feb
Jan
5% Jan
111% Mar
Electric
37%
Dec
102% May
15,600
3%
16%
120
12
32%
13% Mar
15
2%
37
15
18
11%
3%
Feb
22
16
2%
37
8
Dec
146% Feb
12%
32%
Dec
119% Feb
Electric
36%
Oct
134%
126 % Feb
Edison Bros Stores Inc
32
70%
Apr
5
1,900
2%
May
8
7,800
12
51
95
13
12%
2%
2
2
117% Jan
33
12%
62% Feb
136% Feb
125% Jan
20
(E I) & Co.
preferred
12%
2% <
Apr
5
12
-No par
1st pfd
100
$4.50
32%
11%
8
Jan
Jan
116
9
16%
Dec
Duquesne Light 5%
Du P de Nem
800
12%
2%
Apr
Jan
16
No par
1
Duplan Corp
v
,56
130%
—No par
Co...
Dresser
32%
11%
10
——No par
12%
2%
9%
Feb
11
32%
11%
Nov
Jan
15
13%
2%
Dec
87
.
Jan
32%
11%
22%
70
26% Jan
12%
2%
12% Feb
9%
16% Mar
*
40
32%
11%
13
6% Aug
5
28
.
t
2
13%
2%
83% Jan
Feb
86% Jan
25
Apr
16
32%
11%
18% Jan
17
23% Feb
22% Feb
13%
2%
14%
19% Feb
7
Doehler Die Casting Co.——No par
Dow Chemical
4,300
;
185
35%
Sep
140
-7
126%
4%
>179
Jan
1%
18
20
120
Oct
4%
Jan
Douglas Aircraft..
200
11%
•38% Feb
A
Dome Mines
1,000
Jan
2% May
A Jan
r
No par
Class
1,500
10%
143%
126%
32%
4%
*179
*10-
Dec
NOV
Apr
12
8% Jan 20
8
21% Jan
'
3,000
i
13 1/8
9%
37
No par
5% pref with warrants.——100
Dixie-Vortex Co.l
No par
4,400
Y:/
Dec
26
par
,23
Corp-Seagr's Ltd
6,100
,
27%
30% Nov
37
2
Diamond T Motor Car Co
10%
Apr
25% May
167/a Jan
.—.No par
Distil
V 1,900
20%
*116%
146%
154 y2
4%
-
Diamond
1,200
■
134
Si Raynolds A
Jan
17% Jan
,20
—
110
Apr
18%
15
32%
11%
L
13
15y2
18
13%
For
Mar
Feb
33%
ft
102
Feb
32%
71
16
31% Feb
13%
4%
Feb
32
13%
*61
114
5
32%
*66
20
12
13%
*112%
108% Jan
11
...
32%
2%
Nov
'
*10
126%
*118%
36%
133%
146
126%
4%
133%
20 Va
134%
20%
126%
146% 146%
126%
32%
,
116
120
•116
146
*126%
36
Oct
—1
12%
Jan
Devoe
»:
/
22%
17%
61%
*4%
17%
Aug
Jan
180
24%
32%
Jan
8
.100
No
3,100
39
17 %
145%
9
16
Jan
Inc
4,200
12%
38%
60 %
"
*115%
Jan
Jan
29
800
'•
86 y2
12%
39
24
6%
17
15
26
1,200
(
11%
23%
39%
*10
—
pfd
Co
1,570
Y
24%
12%
21%
(The)
9
2
par
Records
&
Dec
Jan
Jan
,.20
Decca
Deere
,4* 4"
17
12
Detroit Hillsdale & S W RR Co.. .100
•
30
38%
11%
*38%
-
21%
23%
11%
24 %
*134
12,700
Corp
Dayton Pow <fe Lt 4'%%
2,000
15
1%
40
22%
317/s
18%
19%
40
*37
24
*23%
14,800
v
Chemical
Davison
2% Apr
4% Jan 29
..25
preferred
5%
'
22%
87
14%
113%
14%
*110
12%
10%
*85%
14%
116
—8
Davega Stores Corp
Conv
31%
4%
27%
14%
*110
200
4%
19
12%
/,
;*37%
/V
4%
••IT:
31
10%
22%
14%
117
4%
19
12%
4%
%
14%
*112
*4%
*17
311/2
10%
18%
4%
18%
30%
.
31
.
14%
114
114
31%
31
,*14%
*4%
*16%
'12%
30%
*37
4%
19
*16
114
*112
113
113
*4%
4%
19
♦16
18%
*16
-
2%
54
57%
62 y2
V*
Jan
Jan
Jan
Jan
Jan
4
7
4
5
8
Apr
16%
Apr
2%
Jan
4V2
Nov
Apr
151%
Dec
180
Nov
Mar
26
May
11
Oct
15
Jan
20%
Jan
30%
Dec
9%
Dec
13%
Jan
ft Feb
1%
NOV
%
1%
Nov
Jan
35%
Jan
15
Apr
32%
Jan
Jan
34% Nov
17%
Apr
19%
Apr
Apr
112y2 Feb 17
Feb
4% Feb 15
1%
Apr
29
19
28
11
36% Dec
29
39%
Jan
Feb
Jan
% Feb
Dec
170
107%
66
68
74
34
108
26%
Feb
49% Dec
112
Oct
3 %
Jan
40
Apr
66
Jan
46
July
73
Jan
Apr
83
47%
,'e
Dec
Jan
%
Oct
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4153
Volume 157
697
NEW YORK STOCK RECORD
LOW AND HIGH BALE PRICES
Tuesday.
Monday
gntnrdaT
Feb. 16
$ per share
I per share
f per share
8%
8%
;8%
43%
43%
43%
8%
43%
9%
8%
4414
87/B
8%
9
*68'/a
73
*68%
*4
4%
■
7%
8%
9>/a
Va'
8
8%
8%
Range for Previous
NEW YORK STOCK
,
Range Since January 1
EXCHANGE
Lowest
Shares
I per share
9 Va
43%
73
70
8%
8%
43%
9
Par
5,900
JErie RR common
70
8%,
■
87/B
I per
No par
Ctfs of benef lnt:
29,000
.
*
*68%
4%
4%
4%
-
42
42
*70
75
4%
4%
4%
8%
7%
7%
7%
7%
24%
24%
24%
24Va
1 Va
1%
*lVa
1%
41%
Year 1942
Lowest
Highest
I per share
share
8'A Jan
9
9Va Feb
1%
'
Highest
# per share
4%
2
I per share
Jun
10'/e
35
35%
24%
23%
24 V8
11
11 Va
11
11
*92
98%
*92
/ 23
%
8% Feb
50
68% Jan
18
44V4 Feb
70
Feb
4%
3,100
Eureka
,Co.
Cleaner—
Vacuum
—5
7%
2,900
Evans
24%
4,500
Ex-Cell-0
1%
,1%
1%
3,400
3% Jan
,
Products
5
Co_——
2
3%
Jan
32 V4
Jun
17
70
Dec
,
4% Jan
16
4
8V4 Feb
15
13
25% Feb
2
% Jan 19
———3
Exchange Buffet Corp—,
—$2,50
,7Va
.
1
15
1% Feb
5% Jan
24
Corp-
Jan
G*t
Jan
70
Dec
4'A
Sep
7"/a
Dec
28%
Oct
1% Jan
4*/a Apr
20
May,
li
Oct
10
44
'
Jan
IV* Nov
35
34%
35
2,700
Fairbanks Morse
—-No par
33% Feb
4
36
26
27% Apr
37>A Jan
23%
22
22 Va
5,700
Fajardo Sug Co of Pr Rico——20
21 y4 Jan
6
25 Va Feb
10
19
Jun
29%
Jan
10 Va
23%
35
21%
35
34%
35%
24
9
12
:24 %
7%
'
'
Erie & Pitts RR
100
75
4%
Jan
39% Jan
par
5% pref series A
4,600
24%
.
8
-100
-
41%
*70
4%
7%
24%
35
36
24%
Sales-lor
the Week
'
43%
28 V4
1%
1
24%
8%
,
f per share
share
Friday
Feb, 19
,
Feb. 18
,7%
.
1
35
f per
,
9
8%
73
4%
STOCKS
Tbnrsday
-
Feb. 17
24%
7%
■24% ' 24%
*%
Wednesday
1
,
Feb.15
Feb. 13
10%
*10
10%
1,900
Federal
67/a Jan
2
11 Va Feb
15
6
Jun
8'A
Jan
*92
Jan
7
98% Feb
17.
18
& Co
Jan
'
11
11
*92
23%
*13%.
'
98%
13%
98%
98%.
97%
97%
26 y4
27
27
27%
13%
13
13
24'A
24%
26%
13%
•
-
98%
24%
23%
11
*10%
13 %
13 Vb
13 VB
4%
17%
5
17%
♦13
*17%
86»/a
4%
5
17%
86 %
,
*13%
14
17%
14
14
14%
*13%
43%
43%
43%
43%
43»/a
27 Vs.
27 %;
27
106%
106 %
106%,
32%
17%
28
33
17%
17%
100%
*99%
28%
28%
28%
14
1,600
43%
14
4
5
Feb
13
18% Feb
86% Feb
11
Ferro
Enamel
22
22%
*20%
22
22
Fidel Phen Fire Ins N Y—$2.50
42
Jan
4,500
25% Jan
A———100
104% Jan
33
33
17%
100%
*100
101 Vb
28%
28%
28%
*28
28%
17%' '
17%
500
:
*21
22 '
23
*21%
'
'4%
4%
5%
Va'
34%
34%
5V8
4%
5%
4%
*10%
10%
10%
34%
10%
41%
41%
41%
41%
-13% : 13%
'13V4
13%
34%;
34%
33%
34%
34V4
■*331/4
341/4
,
129 *
18%
*118
10'A
10%
10%
10%
*10%
42
42
41%
41%
41%
18%
13%
13%
13%
13%
13'A
13%
34'A Jan
10
25% Jan
19% Jan
18%
18%
18%
18%
36%
36%
4120
20
36%
36%
20
20%
*97
98%
j,.
35%
10%
,
*19 Vs
Nov
391/2 Feb
16%
Dec
18
86
May
96Va
Jan
7
28% Jan 30
.15
-Mar
27'A
Dec
8
23
Feb
2
18
Apr
21%
Feb
5%
Jan
,..
.
3% Jan
Foster-Wheeler
1,700
2
5Va Feb
15
3
30% Jan
Corp——10
preferred—.—.--—100,
Food Fair Stores Jnc——T
Food Machinery Corp
10
5 %
210
5
34% Feb
15
28
36% Mar
11%
Jan
42
Dec
4
10% Feb
18
May
Aug
8% Sep
39 »A Feb
3
42
Feb
17
27% Mar
10 V4 Ja n
conv
$7 <5onv
290
18%:
7
13% Feb
18
91/4 Apr
9% Jan'
6%
-——-—10
preferred—--—No
preferred
prior
12%: Jan
136
Nov
18'A Nov
114
May
14% Sep
par
16% Jan
——25
18%
5
Feb"-!
'
6 Va
6%
*49
36%'
19%
97
Francisco Sugar Co-———No par
F'k'n Simon & Co Inc 1% pfd
100
2,100
53
36V4
19%
97
98%
129
*18%
6%'
.53
35%
20
*95%
•118
18%
6%
4
98%*
129
18%
36%
19%
19%
♦97
*49
gj/a
53
*49
36%
118
18%
'
6%
6%'
50
50*
f
98%
*97
50
36
■
6 Va
6%
'*47
♦
129
*118
129
*118
18%
6%
50
,
Dec
Dec
105
Apr
29% Apr
9V* Jan
30
I8V4 Feb
100% Feb
14% Dec
■
'
6%
*6%
*46
87Va
5
5,700
42
13%'
13
129
26%
7
Follansbee Steel
4,400
-r
~
*118
43%
Jan
11
1,100
10%
42
10%
*41%
Apr
Apr
13%
977/a Jan
Florsheim Shoe class A—No par
400
.
4%
.33%
5
5
5
■»
•
*34
7%
29%
15% Jan
.
Jan
Jan
4
31% Jan
—
Feb
18 »/a
87
1
"
4%
23
-—No
Stores
(The)
4'A
4
Jan
pat
National
Dec
11
28
.-No par
First
Flintkote Co
100
,
series
Jan
13%
11% Apr
74'/2 Nov
$4.50 preferred--——No par
Florence Stove Co
——No par
1,600
6,900
r,
17%
preferred
,
3
3
Jan
Apr
Jun
8
24%
107>A Jan 29
6
.6%
4-
93
Feb
15
14
400
69% Sep
19% Dec
441/4 Feb
8
Firestone Tire & Rubber———10
100%
22
,
2
fi
127/a Jan 27
1
Corp—.
Jan
78% Jan
.
2,500
....
22
15
No par
preferred—100
Dept Stores—
conv
107
*106
33'A
4V4%
—No par
27
26%
17%
*28%
3% Jan
Federal-Mogul Corp———
100
100%
100%
*27%
89
-43%.
.
107
33
33%
32%
18
32%
18.
Jan
Federated
27'A
*99
14
,1,500
14%
*105%
18
17 Va
17%
43%.
27%
106%
Feb
Federal Motor Truck
*86
27
13%
•13
6,100
.
27%
.
5
400
89
14
*32%
33
.17%
' 100%
*27%
17%
.
*86
27Va Feb
13%
4%
4%
44
107%
17%
Va
88
13
6,700
4%
17 Va.
17%
17%
*86
90
4%'
4%
14
:
*106%
33
■
20% Jan
' 26%
.*12%
43%
•'
107%
*99
4%
,
♦86
90
'27%
*107
.
17%
'"27%
27'
\
,
'
*86
43%
.■'43%
5
'
86
26 Vb
'
4%
-15
$6 preferred
——No par
Federal Min & Smelt Co—-——2
80
,98
Light & Traction—
10
8
7
Jan
29
5
Jun
10«A
16
50
Feb
16
38
Oct
45
37% Jan
30
27
Apr
38%
20% Feb
15
15'A Apr
18
Jan
97
13
851/3
Apr
97
Nov
5% Jan
50
Feb
36% >
Freeport Sulphur Co—i.——_10
35% Jan
19% '
1,000
2
50
Fjruehauf Trailer Co_———i__l
■5% conv preferred—-—100
Jan
"98% s
19%
*97
2,900
96% Jan
12
Gabriel Co
2% Jan
11
3V» Feb
17
1%
Jan
Gair Co Inc
1% Jan
9»A Jan
2
3% Feb
13 Va Feb
15
1%
Jun
16
8
17
7
Jan
Feb'
May
Jan
1',
"
*2% •2%
2%
*3%
3
3
3%
3%
3%
3%
12%
13 Vb
12%
127/b
12%
12%
21 VB
21%
21%
22
4%
4»A
*8%
9%
•
:-
3 'A
3
3%
2%
*2%
-
3'/b
3%
(The) cl A
—No par
(Robert)————1
preferred
20
Gamewell Co (The)——.—No par
6,300
'
'
'■'
-t*3%
.,<3%
12%
■12%
3%
■
"
3%
•
.
3%
3%
3%
36,200
'
21
'
12%
■21%
13
21
■
21
21
21%
•
-."4
'«>.
4%
•
4
21%
21%
6%
2,300
830
•
'
'
"
12% ;
12
4%
4
9%
>*8%
4 Vb
11%
'*10%
4
4
4%
■
■
';'
4
6
19 '/a Jan
Feb
22
11
18
Gar Wood Industries Inc———— 1
3
Jan
12
4V» Feb
15
7% Jan
14
9
9% Jan
11
Feb
11% Feb
10
1,000
5%.,. preferred—.
-—10
Gaylord Container Corp--—;
i5
5% % conv preferred
50
52% Jan
14
2,100
Gen Amer Investors————No par
8Va Feb
15
6,300
-
■
9.
10%
v
*51
10%
■
■41
*51
/,.%
-,J
8
'41 %
104 Va
"41%
138%
">
'
7%
■'
-V
;
41%
7.%
41%
7%
7%
■
140
4%
5%"
4%
4%
10%
IDA
10%
77%.
24%
77%
78%
25%
*77%
■
.
5 Va
5%
•7%
'.5%
138
5''
5
''
78%
25'
*134
*25
138
*134
34%
78%
77%
77% |
77%
,
25
25
♦134
135
25%4
*24%
*134
138
138
24%
37
24%
*135
35%
35%
35%
35%
34%
35%
37%
36%
36%
36 «A
36%
36%
36%
118 Va
*115%
118%
*115 V4
118%
34%'
115
118%
1%
•115
2
2
101
*98
*98
90
*89*
90
*131.
132
47%
47%.
127%
47%
1%
%
*116%
35
89%
89%
90
132
*130%
132
48
47%
48
47%
48
128%
25
3%
3%
3%'
16%
16%'
26
128
128
128
26%
128%
25..
...
-
128
25
25
r
127%
25
3% ; t 3%
*
16
16
:
3%
*108
.
109%
'15%
6
4
16
; 108
%
3%
3%
5%
108
16%
16%
16%
«
-
$4.50 preferred-i
% T/';\
16'4
16
15%
it
16
*
'
■,"16%
*105
106
106
%
II
'33%
%
%
33%
19.-
19%
20
66
66
65%
■18%.
19
-
•
,
*17%
*106%:108%
*106%
157/a
"1,100
<
;
6%.
.
19%
13
13%
66 Va
6
63%
66%
66%
19
16%
6%
4
10,600
'/'w 6Vb
68
6%
19%
177/a
110
16%
16%
16%
;-6%
6%
-6%
65%
65%
■
*
45%
*62
63%
18%
18 Vi
'45%
33%
3,700
13
65
19%
19% 1
;
19%
,
•
110
;
16%
17
17
*1*081/2 110
*65
68
4,900
520
;
4,800
:
:1
..
500
Gen Public Service
Gen
Railway Signal——.—No par
preferred—
——100
Gen Realty & Utilities——.—1
$6 pref opt div •Series—No par
6%
Genera!
preferred—No par
Telephone
Corp———20
Gen: Time1 Instru CbrpL-,-—No par
Genera! Tire & Rubber Co—^i-5
7,900
Gillette Safety
10
300
•
6%
$5
preferred————-——100
conv
Razor—-—No par
preferred
—No par
63
7,306
300
Gimbel Brothers—
63
181/4
18%:
3,300
Glidden. Co
46
45%
45%'
500
9,900
Gobel
2% '
5,000
Goebel Brewing COi.
Gold & Stock Telegraph
6%
115
-
No par
-
$6 preferred———No par
No par
(The)—
46
*44%
46
*
•
45%-
•
--*45
■
45%
4% %
conv
preferred
—50
Jan
2V4 Jan
108
Feb
21%
•
Nov
132
Nov
30%
Oct
Jan
401/2 Jan
Apr
IUV4 Apr
% May
29
9
61
14
116% July
1% Jan
Mar
13
23
122
44% Jan
7
48
Feb
15
30
Jan
126% Feb
2
130
Jan
8
122
102
Apr
Apr
17 Va Jan
2
13% Jan
26% Feb
7
2'A Jan
25
12% Jan
18;
10% Mar
14% Now
15
10
10
3% Sep
99V2 Aug
1% Jan
109% May
% Jan
Jan
23
Mar
16
34
: 20'A Feb
16
2
a3V4 Feb
16
Jan
2
67% Jan
14
16»A Jan,
15% Jan
4
■■
19% Feb 18
4
17% Feb
108% Feb
10
14% Jan-14
16% Feb
15
108:
Jan
A 4% Jam
60% Jan
4
.6% Feb
2-
17
15.
65% Feb
4
17
14% Nov
Apr
Apr
V* Mar
1
Feb
101
5
% Feb
5% Jan
10%
16'A Feb' 15
31% Jan 28
5
107%
14% Apr
:
.
19.'A Jkn
10
Feb
79% Jan
131/2 Mar
20
Jan
11
May
101% Sep
71/2 Jan
16%
Dec
110
3..-,'
•■■;
Jan
2
6% Jan
26
4
4
63% Feb
18
»50
2
18% Feb
16
12 Va
Jan
5
451/2 Feb
13
:
,
v
2
Feb
16
k:
5'/a Nov
Nov
61
37% Jan,
■[ij Jan
Feb
l15%" Dec
x40% Mar
Jan
41
Jun
%. Oct
31% Nov
81/4 May
55'A Jun
I
59
Jan
.14% Jan
5
Jan
Feb
4
-
Jan
3Vb
Feb
100
5
9% Jan-
July
30
1 Va Feb
2
Feb
% Jan
128
:
Dec
6
17'/a Feb
2
105.
44%
109,
2
51
Jan
32
Oct
131% Feb
13% Aug
1% May
13
Jan
87
64% Apr
16
3% Feb
.
•
♦44
Jan
90'A
211/2 Apr
Feb
15% Jan
6%
6y«
Oct
9%
x23%
19
Jan
60
18%
:■
37% Feb
90
General- Refractories-i.-——No; par
Genera! Shoe Corp—-~1
63%'
*
Dec
3%
Apr
Apr
120
132
Gen Steel Cast $6
6%
6%
63
16%
1
-
Dec
4%
;
Nov
14
——.—10c
18 Vi
-
66 Va
Jan
140
2% July
2
Sep
6% Sep
12
4% Jan
4,000
68
'
Feb
104
Apr
Jan
83% Jan
129
103% Jan
6VB i
•/■'
Nov
106
'
_1
ti
16% '
16
6%-. :>;v: 6VB
*65
6,400
il
13
64%
17%'
106 %
500
-
;
Feb
5%
35% Feb 15
13
113% Jan 22
-No par
preferred—-r_—
63%
63
18%..
18%,
%
$6
-
6'A
63%
*62%
:
18%,
10
par
Gen: Precision Equip Corp—*
General Printing. Ink———
•
18 %•-••• 18%
6%.
6Va
19%
*17
-
.
5,500
66%
65
•;
17%
68
*65%
67 :
16 VB
'19% A19% '
i
60
10,300
13% '
13
-
19%
6%4
'
-19%--20V4.:'
-
-
—No par
-+.—-NO par
preferred—^
Common————A—No
4^700
r-
33%
'
18 %
5% :.i
Ml
'
34%
*106%
19%
*
17% ,17%
108%. 108 Va"
16
16%-"
18
6VB
6%
*62
*33
20%
13%
108%.
*65%
65%'
65%
33%
20%"
6V«
6%
33%
19%
16%
'16%.
■'■"■'
34
%
$5
Gen Outdoor Adv A
-1,500
5,200
106%
*105
■
5% preferred——
——100
General Motors Corp-————10
33,500
'
No par
General Mills—--—:
260
,>
109
15%
16»A
Jan
1,100
II
-
106%
it
%
12%
r
16>:
%
66
-
-'18%': 19%'
••.
17%
17%
:
:
%
12%
'11%
11%
.
34
34
19*.
"
'11%
%
7b
♦33%
'
'
7/e
*105
106.%
"
n
♦103:
4
t—No par
—
34
4
16%
'5%.
109
46%
1
30% Jan
30
3%
16%
6
*108
y-
par
IV2 Jan
127%
*3Vs
17%
5%
6
109
-109
3%
3
Sep
11
135
Dec
7% Nov
3% Jan
5
25% Feb
20% Jan
130 Va Jan
53
35
6
Feb
Feb
Mar
51/4 Jan 28
80
71% Jan
Oct
10'A Feb
,
3% Apr
16
4% Feb
94 V2 Jan
■-.-25
Feb
11 Va Feb
$6 conv preferred series A-No par
'
106
*105
106
fi
5%
■
109
1%
1
15%
*105
16%
5%
*108%
1%
1
.
16 Va
"
5%
5%
/••'■
uf
T
"■•'
2
4% Jan
Gen Gas?& Electric A——No par
47%
.
140
12
Jan
3%
9% Nov
98
.
.
13
so
"
■
Jari
51
Jan
21
8V2:Apr
8
7% Feb
16,300
46%
1
41% Feb
1
130%
'
Feb
4
89% /
89%
47%
General Foods Corp———No
5,400
102
130%
132
47%
■
■„
■
2% Jan
7% Jan
■
•
4
Jan
135
103
18:
Sep
Jan
11
k
1%
*98
89%
*130%
37,200
,
-a
118%
1%
:
102
89%
I
:
,
preferred—'—100
lnc__——No par
preferred—-—
—-—100
General Electric Co
—No par
4
5% Jan
cum
7%
14
19
37
—No par
—
General Cigar
500
37%
*116%
2
102
,
t7%
260
40
'■V 36%
118 Va
1%
2
102
89
127%
126 %
25%
>
;
100
100
132
132
127%
25%
2
1%
100
90%
132
127%
,25
2V«
101
Class A
2,100
138
'.1
■
2,000
5,500
4%
10%
'78' ';■/
24%
77
'24%
37.
,35
60
•4% i
4
*10%
135
135
35%
35%
37
78%
18,100
139
■
■'v
-NO par
Gen Amer Transportation———5
General Baking——
,—5
$8 preferred—No par
General Bronze Corp——.—_-—5
General Cable Corp—;
No par
2,700
-
7%
4%
4V4
10%
52% Jan
6% Jan
102
Jan
$6 preferred
'•
41
♦135
41/4
.
s
104% 4
;
-
10%
4%
*10%
v
•
7%
40%
-7%
137 VB
100
,
54
'7%
*103
■;
11
4%
4%'
11
'
•
41'/4
7%-
140
5VB
5Va
4%
-10%
*51
-;".1
.
41
7%
'■
10%
4%
4
8
104%
41%
•138
140
8
*103
104%'
9% I
•11% /■
'
11%
'A:
54
*51'
8
7%
*103
*a%
11%- •11%'
54
*51
8
104% *
.41%
138
.138
•5%
5%
'
9%
*8%
•
11%
11
54
*7%
*103
41%
7%
■
7%
138%
8%
*103
'
-7%
:•
•
11%
-*51
54;
8
105
*103-
y.:
•11
'
9 Vt
.,
■
54
■
8
.
*8%
2%
2%
Sep
16
May
2Va July
6% Apr
5% Jan-
Apr
May
'
65%
Jan
16
Oct,
44:
Sep
Feb
■
•
%
%
2%
2%
1
2%
'■?
*88%
89
27%
89
.*94%
-95
.
u
2%
27%!
27
''
90
27%
90%
28%
*94%
■.
*85
•
88%
■95.r
2%
90
26%
28 V4
27%
27%
27%
*93%
;
2%
♦85
26%
'
•••■
91
83 Va
26%
26%
1
It
2%-,
*85
91
*85
it
%
•
'
95
90
27%
-
:%•
2%
2%
90*
•85
90
t
'
27%
27%
26%
27 Va
89%
-96 V*
89%
89
89% 1
27%
28
:•
95
95
>
27%
28%
95-<-
%:
*85
-
95
-
2
...
-
28%
■,'■'.
1
■
2%
'95-.-
~
28%
95
■
15,700
1,700
11,500
:
400
'
-
*5%-
:
.5%
5%
*86
87 Va
*86
'
5%
1%
954
9'4
*29%
30%
30%
30%
*23%
24%
*23 Va
24%
15%
15%
15%
23%
j.
-
5%-
*86
87%
1%
87%
1%
-
51/4-
1%
5 Vs..
*86
87%
1%
5% '
•
l'/a
■
5'A I
1,100
87%
85
71%': 1%
88,900
2,600
1,300
5%
5%.
5
5%
5
10%
*9%
10%
9%
9%'
9'A
10% '
9%
9V»
9%
9%
9%
9Va
9%
4,200
30%
31%
31%
31
31%
30%
30%
1,600
24%
24%
*24
24%
24% '
24% *
15%
15%
15%
15%
.
*5
10 1
9
16
24%
23%
23%
•
*23%
9%
9
J5Va " ;5%-
30%
10 V4
::
87%
1%
5»4
-/./ 9%
■
■
15%
5V«
9%
5V8 "l 514
*9%
5%
*86
87%
1%
1%
1%
5%
■
24
■
*24
15%
24%
24%
15%
157/b
23%
24%
24%
5
23%
100
4,000
24
12,600
————1
——:—-I
Co—100
Goodrich Co (B F)—L——No par
5% preferred—-_——No par
Goodyear Tire & Rubb—v—No par
A $5. conv preferred—*—-No par
Gotham Hosiery——Ai-No par
Preferred
—■—
—100
(Adolf).
-
Graham-Paige Motors—:
—.■!
—5
Granby Consol M S & P
Grand Union
w
div ctfs—---No par
Granite City Steel
Grant (W T) Co
No par
10
5% preferred
—
——.20
Gr Nor Iron Ore Prop——No par
Great Northern preferred
No par
-
1% Jan
76
1
82
12
27% Feb
18
13
Jan
27
4
901/4 Feb
17
56
Jan
83%
Dec
18
27
Dec
8
28% Feb
9
Jan
11
.
,
*55-
26%
65
*55
.
„
26%
143
65
*55
35%
35
15%
*11%
263/a
.
143
143
143
35%
151/2
15%
15%
12
12
12
353A
26%
263A
143
143
263A
65
26
-
143"
*142%
.
-
-
26 Va'
142%
,
35%
15-
15%
12 Va
12V4,
*55
65
35
34
343/a
34
14%
15
14%
.
12
12
12
12%
11%.
380
14%
*11.3A
12
14%
'
2,600
34%
*113/4
15%
12
.
*.
*55
1423/4
*55
34
65
351/4
"
26 Va
26%
143
>
65
:
4,500
13,100
700
"
12%
3'/a
*951/2
12%
12%
3Va
3Va
.941/2
97
4
4Va
4
28 >A
28JA
*22%
23%
*36
37
12%
3 Va
3
,
4Va
28%
•
12%
97
■
29
i
93'A
'• 4
♦283/4
12%
12%
12%
3
931/4
3
2%
92
3
93
9234
4 1/8
4 Va
29
12
29
;
43/a
291/4
41/4
.
.
29
.
2%
*2%
93
93
4%
■
29%
41/4
*29
'
■
2,800
27/a-
2,400
94
4%
290
.14,200
.
291/4
2,400
Great Western Sugar.
-No par
—100
Preferred
Green Bay & West RR
Green (H L) Co Inc
—106
.1
Greyhound Corp (The) —No par
5l/z% conv preferred—10
Grumman Aircraft Corp
—1
Guantanamo Sugar
No par
8% preferred
:
100
Gulf Mobile & Ohio RR
$5
preferred
-No par
No
-
par
IOV4 Jan
96% Jan 29
11
6
Feb
87% Feb
:
Jan
'l%
Feb
6v
17
60 Va
Jan
x58
/.
Jan
4 •■'
Sep
4%.Nov
81%
Dec
lVa Nov
& Sep
15
Feb
Dec
.
90'A .Dec
1% Jan
v
5»A Feb .£ 1"
4% Jan
5%
Jan
8%
:
Dec
Jan
10 V4 Feb
15
6
7% Jan
9% Feb
15
6
Jan
4
24% Feb
19
Feb
10
13%
Dec
18%
Oct
24% Feb
-1
19%
Jun
25%
Feb
8
29'A Feb
241/4 Jan
15
Jan
32
27
16
6
21% Jan
7
23% Jan
2
26% Feb
2
143% Feb
5
138
65
Jan 27
65
.
Mar
Apr
22 Va May
9>A Nov
32
Nov
23
16
Jan
'
26%
.26%
142%
Jan
Nov
-4'A Jan
80
2%
73
90% Jan
25% Jan
...
2
24% Jan
Jan
H- Jan
,
Feb
85
2
83
V* Jun
1% July
2% Feb is:
8-
Jan
25
July
22%
28V4 Jan
Apr
130
Apr
50
July
63 V2
Nov
25
Apr
33%
Jan
14%
Dec
Jan 27.
35% Feb
15
4
15% Feb
15
10%
4
12'A Feb
16
10
10% Jan
2
12% Feb
4
9
Vb May
2V4 Jan
2
3 Va Jan
29
Feb
11
4% Jan
18
143
Mar
31 »A Jan
19
14% Jan
Jan
11
81% Jan,19
3% Jan
12
25% Jan
2
22% Feb
11'
97
•301/4 Jan 18
Feb
.
Apr
1% May
.
Jan
11 Vas Aug
14%
'
Jan
3%
Jan
48%
Jan
2%
Jun
41/2
Oct
Jun
33%
Oct
.
18
86
Sep
H
.*23"
231/4
22%
37
37»4
*36%
-
*13%
13%
13%
*11%
121/4
12-12
*102%
For
106
.
footnotes
105.
see
13%
.
105
page
13%
*12.
105
:
23"
38
.
13%:
12%
105
*22%
23%'
*36%
38
13%
13%
*11%
12%
*104
105%
*22% 23%
*36
38
*13%
13%
*11%
12%
*104
105
.
"
*22%
23%
*36
38 • ■
13%
13%.
*11%
12%.'
*104
105
(
200
'
30
Hackensack
7%
Water—-
600
Hall
200
•
Hamilton Watch Co
150
8%
——25
preferred class A
Printing Co
preferred—
—25
10
;—No par,
-
100
36
Jan-13
12 y4 Jan
5
9Va Jan 118:
105
Jan
30
23V4 Jan
-4
.37»A Jan
7
14
Feb
Feb
15
i05
Jan
30
25
/ Feb
35.
Apr
8% Mar
11
12
19% May
29
8
Jun
95
Mar
.
Dec
Aug
11% Nov
13
106%
Feb
703.
i
T'f
THE COMMERCIAL &
693
FINANCIAL CHRONICLE
NEW YORK STOCK
LOW
Tuesday
*103
Feb. 17
*15%
16
16%
*135%
51/4
5-1/4
95
96
8
5»/4
2
2
97
96%
97
58%
59
59
60
*155
160
14
160
14
160
*14V4
77
%
77%
136
77
♦132 %
55
52'
109
*104
*105
20
*15%
17%
*17'/4
301/4
9
9
15
*105'A
20
*16
181/4
*
35
*45 %
6
6%
1%
1 Va
vu
8%
8%
20%
20%
20%
8%
20%
,38%
*4%
38%
4%
*36
8%
.
\
33%
11%
48
*108%
109
61/4
48 Va
35%
1%
6%
1 1/4
8%
5%
23%
6%
6 '/a
6V2
6'%
6 Va
1V4
1 Va
1%
1 Va
1%
8%
211/4
8%
38%
;
22'A
4 '/-J
4
21%
38%
38%
,
8%
37%
211/4
9
,
,:>■
5%
Hudson
,5%
r :
"
12,000
"
38%
6%
5'/4
'6 VVV.
14%
14%
14%
14%-
14%
11%
11%
11%.
11%
11 Va.
*11V4
IIV2
700
33%
33%
33%
33%
331%
32%
33%
2,200
97%
98 %
98%
99
*97%
98%
96 Va
97%
97
97
97
97'/4 V:
*162
170
*162
170
69
69
11%
7%
69%
12
*162
69
69
170
11%
11%
11%
11%
-11%
7Va
6%
6%
6%
6%
*6%
7'/a
*6%
24%
24%
*23%
108%
109 Va
11%
*6%
7 Va
*6%
24
108%
110
7%
24
24%
110
7%
110
7%
7%
7%
8
7%
7%
7%
7%
7%
7%
7%
154%
*152%
154%
*152%
154%
153%
60%
165
61%
60 Vi
Cl%
60%
60 %
165 'A
60 Va
59%
165
152%
165%
165%
165%
/165%
166%
;7z
7%
60%
58%
1%
1%
1%
1%
1%
1%
1%
1%
11%
11%
12
11%
12 Vo
11%
11%,
11%
1,300
230
-
16 Va
151/4
16%
14%
-15%
14%
14%
14%
61
61
62 Va
61
61
61
61'/4
611/4
61
61
4%
33%
33%
133
132%
132%
10 Va
10%
10%
55V4
55%
*3%
*41
31
41%
33%
*132
10%
10
56%
56
56%
41%
41%
*40%
*40%
42%
30%
\
31"
31%
31 Va
31%
32 %
32%
39%
X37%
37%
40
*38 '4
*102%
107
*102%
108
*102%
7Va'
8
7%
7%
8
7%
7%
10%
10%
V.r 7%
10%
10%
42
*102%
108
7%
55% •>/
55V4
>
*4Qi/2
42
1..
31%
31%
.
39
*36 '/a
107%
*102%
107%
:
7%
7%
10-/4
10%
10%
95
95
95
95
12
12
12V4
12V4
121/4
29
29%
29%
29%
*29V2
29%
*93
7
Jan
6
9V4 Feb
Jan
2
15'A Jan
Jan
10%
'
*138 Va
*10%
23
*86%
76
129
*99
145
*138%
10%
10%
145
*1J8%
'
*1Q%
11 Va
271/4
271/4
27%
*96%
103%
*96%
79'/2
77%
28
103%
78
77%
129
29%
129'
129
*127
145
*138%
10%
10%
27%
*138 Va
145
10%
100
;i
<;
1,600
500
"f
78
76 Va
77'A
75V2
76%
*130
130
21%
21%
21%
■21%
21%
60%
61
60%
60%
*60%
61
70
70%
70'/a
70%
*69'/a
70%
,.10 »/4
101/4
10 Va
10 '/a
,10
10%
13%
13%,:
13%
/
*130
21 %
21 Va
21%
Oct
38V4
26
27
Jan
39%
Oct
5
12 Va Feb
15
8%
Jan
11%
Nov
16
30%
Apr
44%
Dec
9% Jan.'
par
44
Jan
2
48% Feb
108
Jan
28
109 'A Feb
4'
*69
20%
r
10
10 Va
!:V
13%
13%
4,100
May
Apr
4%
Oct
34%
Feb
2
6% Feb
15
3'/a
Jan
U Jan
2
1'A Feb
15
-—100
8
2
1% Jan
25
6% Jan
25
■r 9'
Jan
18% Jan
Feb
%
2
-
Jan
17
5%
13
Jan
"39
Jan
29
32%
Jan
.6
Feb
19
2%
Dec
51/4 Nov
1%
Apr
9% NOV
Jan
Jan
221/4 Feb
1V4 Aug
23%
Jan
17
37:
4
/•
Sep
5% Aug
Jan
ft Jan
par
89
Jan
5
99% Feb
2
6%
-
23V»
May
42
Oct
Mar
Steel
Co_
Corp
69
9%
—No
700
Dec
74
Jan
Dec
16%
May
Feb
1
166% Feb
9
153
July
163%
62
Jan
5
69% Feb
15
54
10
Jan
6
12
Feb
15
6% Jan
27
6% Feb
3
21% Jan
28
par
106
.1.222—No par
'24% Feb
8
110
Feb
16
8
74%
Feb
12%
Jan
5% -Apr
18% Oct
6%
Feb
23%
Jan
111%
Feb
100% Aug
5J% Apr
7!
Jan
Feb
17
Jan
2
7% Feb
15
20
154% Feb
1
20
61% Feb
15
40
Apr
61
9
168% Feb
18
147
May
166
par
2
56% Jan
J'an
162
2-2-2——100
—
21
<
Apr
6
par
Harvester—2——No
Jan
10%
5% May
109% Mar
Jan
8
Jan
151%
Jan
Dec
:
July
:
v2 Jan
—23
Feb
8% May
144% Jan
par
Machines_2-22_No
1-4 July
%
Jan
9% Jan
1% Feb
12% Feb
15
per
17
Jan
'16% Feb
11
5'% May
31/2 May
12 %
11% Jan
---100
55% Jan
62% Jan
15
4% Jan
30
28% Jan
34% Jan
29
24V«
Apr
Jan
6
126%
Jan
10% Feb
15
7%
Dec
Marir.c_2——No
4 Vc
&
preferred
-__2—2
3% Jan
_
-100
131% Feb
11
——15
8% Jan
2
'V'.* 5 % conv prefen*ed_2— 2—^-100
Inter Rys-of Cent Am—;.^2.No par
45% Jan
Preferred
■
5%
5
Salt..;
International Shoe
International
/
Feb
1% Apr
17
43% Mar
60%
Jan
4
4'% Jan
19
l'/a
Oct
3%
Nov
11
,44% Jan
29
30%
Oct
46%
Jan
'
7
41%
Feb
15
39
Mar
48 '4
Feb
Jan
4
32'/4 Feb
17
26
May
32
Feb
50
36
'« Jan
7
40
Feb
1
26
May
39%
104% Jan
28
94
May
104'%
Oct
Feb
15
l'/a
Jan
7'/it
Nov
8';. Feb
10% Feb
15
2
Jan
7%
Nov
95
102% Jan
.—100
15-
.6% Jan,
7
6% Jan
7
.
8
:
9V4 Jan
7
15
6%
Jun
10'/a
Nov
14
Feb
18
88%
Apr
95
Jan
par
10 V2 Jan
4
12% Feb
11
7%
Apr
11
———-.1.
27% Jan
5
29% Feb
16
24%
Apr
32%
No
(W B)
Co
f,
,
&
26
Feb
12
19
21
126
Jan
27
1,400
Kalamazoo Stove &
vU% Feb
15
29
Jan
127
5%
4
79% Feb
130
Feb
138
Nov
Jan
May
50% May
73%
Jan
17
% May
19% Jan
7
21% Feb
7
61
Feb
15
53%
8
70% Feb
15
61
81/4 Jan
4
10% Feb
10
xl2% Jan
19
13% Feb
15
Jan
33%
107%
122
Dec
Nov
10 %
Jan
18% May
15
17
;
Apr
54% Jan
,
—.100
convi—..100
1
A„1;
Co—...
19
64% Jan
Laughlin Steel—.2_.N0 par
Joy
Feb
85
Jan
pref series B
140
100
-70
5
Mfg
9% Jan
1
5
par
pref series
5%
J an
1222.__._2—....100
Preferred
Jones &
135
1
Inc_22_2—2—No par
preferred———
Johns Manville..—.No
"»
Oct
90% Jan
Corp.—•
Jewel Tea Co
4 Vt %
Jan
Jan
preferred——.—2—
>
Oct
Dec
100
Island Creek Coal
Jarvis
15%
28
Preferred
•
136
40
Silver2——-22
preferred...-—
Intertype
Dec
4V+ Nov
30%
Nonpar
;22„
Telep & Teleg...—No par
;• Foreign share ctfs.—22—No par
Interstate Dept' Stores..1..
No par
.
'57
57
Apr
»/4 Dec
3% Jan
Intern'l
/
2
135
38
12
37% Jan
—100
2—;—No par
preferred.—
International
;•
Co
Paper
1,400
13 %
Oct
35
165
2—-100
2__—
1,000
9%
13%
11,400
14%
Apr
Chem2—2——--5
•
60%
Jun
par
1
Inc——
Iron——-——No
tPreferred
Sep
6%
100
v
Oct
10'%
—20
No
;
preferred
Business
ll'/e Jan
4%
100
preftrred
Ctfs
40
21 Va
60%
70
106
96
29% May
17
Feb
Feb
'2%
4% Jan*
—1
6% Feb
36
21
,
133
69
60 Va.
60%
:•
26
133
Feb
28
38 Va Jan
2
International
1,800
103%
130
Dec
Jan
*36% Jan
12
;
1,600
*96%
77
7%
18%
115
Dec
Internat'l Mining Corp—2.———1
Int NickeVof Cailadu.
2—No par
.
500
10%
103%
76%
j
,7
26
10%
26'/4
27
Nov
5
28
100
*96%
70
lOW
*10
:
27'%
60
21V4
V
140
140
10%
10%
Dec
..Nov
36% Jan 12
13% Jan
10
30
*29%
,
Dec
35% Jan
1,
'
/
12%
103%
'59%.
21V4
145
12%:
*96%
*68%:
21 Va
29%
Jan
-14% Jan
>
1
220
58,100
98
26%
103%;
129
29%
.
15
17
'
8
Int.ernat 'Min
% 11,900
10%
*95
*11%
Jan
29%
Jan
110
31
Oct
Dec
102%
Mar
6.
28
'
13
.
12%
9
13
11
19
7%
7%;
*93
Dec
48%
Mar
I41/4
11% Feb
f
7%.
*11%
75V4
12% Mar
..
32% Feb
Internat'l
/
2,000
-,
7%
12
*2
10
Int
200
-
"
7 %%'
95
11
par
-No par
Refining
Interlake
4,800
-
•
7V4.
10%
10%:
16,500
3%
43'/4
7%
12
Nov
"134
Apr
Intercont'l Rubber
900
3%
7%
*93
:5
Feb
par
~6'5>
300
7%
95
*63
18 Va Feb
30 Vt Feb
Xl8
"
79
pur
;
27/200
7%
■
11
16%
Mercantile
2,600
7%
7%
Feb
Feb
22
CO—
Oct
Feb
.14%
.
30 Vt Mar
No
1,000
t'..
*42%
*102%
108
158
Apr
*
23% Jan
Hydro-Elec Sys class A
10 Va
9%
39
104
6
18
51
125
2
18
8
Int
>
42%
*36%
29
Feb
52% Feb
7
Int
v.
32 V4
32
5
I6 V4 Jan
100
Interchemical
/
4,200
3%
*40%
77% Jan
134
9
7
16,700
136
*132
56%
43
Apr
% Jan
4'/2 Jan
15,400
•'»
■
,
431/4
3%
3%
43 Va
Apr
.10%
22 'A Jan
4 %
Insuranshares
700
1,270
33
32%
10%
55%
57
3%
43 Va
.*
>12,400;
4%
*41/8
:/
136
10
10%
3%
*37%
10%
56%
4%
331%
*132
136
,
43%
39
7%
10%
3%
*37 V*
7%-
*132
10'%
41/4
32%
34
Jan
,
28% Jan -21
100
'
4%
33%
*42%
43%
*43
41/4
4%.
34
136
V4
56 V
4
3%
4
43 Va
4%
34
132 Va
*43
4%
41/3
4%
34
141%
8
Rayon
2—No
Ingersoll-Rand—No
2,700
15
61
15
—100
—
Indianapolis P & L Co—
20,400
j
:
11%
161/4
*61
Feb
2
Inspiration Cons Copper
,
1%
11%
16%
1%
Dec
58%
4
Industrial
800
168%
11%
1%
Jan
941/2
3% Jan
Inland
y
59%
168%
16%
•
1%
Apr
30 Vt Jan
11,100
151
11%
1%
45
3
—
Dec
Nov
May
% Jun
79 Vt
17
14% Feb
5
23
Jan
14 % Jan
.
iSee ctfs series A——__„1000
Indian
■-
7'A ,r
7 Va
151
168%
59%
167
10
30
—.25
' 2,100
8
*7%
7%
151
X151
900
.
111
*110
8
7%
:
■
3,800
23%
23%
110
110
7 Va
7%
23%
23%
24Ve
110
7%
154%
691/4
68%
69V4
11%
11%
23%
170
68%
14i%
11 Va
11%
*108;
*162
170
Jan
100
preferred series A———100
RR
'
2,680
33%
69
Jan
May
8%
5% May
Ltd—-No par
RR
88
Jan
Jan
160'
4%
"
*11%
*162
Jan
-
'
—100
t c
.2',
Central
3% Mar
62% Feb
—.5
:
Manhattan—
Leased- lines
330
11%
14%
Texas v
preferred
Illinois
•-
4,300
,
99
8
73
—10
tHupp Motor Car Corp
14%
69%
Jan
16%
146
Apr
80
2100
12,700
.
5
49
—10
--—No
35,500
33%
14%
Sc
Jan
•
2% Feb
•
6
•
131'/t Jan
par
(Del)—
Hud Bay. Min & Sm
Hudson Motor Car
:
,.
21%
*37%
.
par
preferred——..
Houston Oil of
6,600
V
"
37%
4%
4%
%
,
No
—No
2
2(1
12% Jan
par.
-2-—No' par
900
23%
8%
21'%
8%
9
21
6%
*5%
23
152
The————2—1
Howe Sound Co
3,000
'
5%
23%
1 Va
11/8
20%
1%
6%
56% Ja n
-No
5%
900
23%
*6
23%
—25
B—
500
31,700
1%
1%
1 %
1%
'
6'/a
35%
lVt Jan93% Jan
——100
(A)__
•
29
Household Finance—
400
109
5%
Jan
preferred—
Class
5,800
i.
50
35
8
2™
.12.50
Haudaille-Hershey cl A—1—No par
200
11%
*108%
6 Va
Jan
Homestake Mining
7,000
.
38% ;
*48
36
*35
33%
18
7
2
Hollander & Sons
11%
170
104
Apr
xl26
■
17
a—2..
preferred—
(C E)
5% Feb
Feb
No
Holly Sugar Corp
7 7c
11%
109
5%'
6%
35'/4
Hires Co
/
—2-21
—
1,000
33%
*68 %
Highest
9 per thare
Apr
12%
,
15
96
Motors....
conv
!
11%
*162
98
16
29
Jan
——
1,400
.
,
33%
14%
Feb
86
25
W)
Holland Furnace
1,400
11%
14 Va
I6I1 Jan
137
4Vt Jan
6% cum preferred—.A—J.10Q
Hershey Chocolate—No par
500
■-
8%
*37
11%
*108 V2
6%
'
33%
14%
103% Feb
*■
—.100
Htnde & Dauch Paper Co.
V
,
i5
33
38 Va
48%
V2
351/4
1%'
33V8
11%
12
*47%
109
6%
4%
6
Feb
1942
Lowest
I per share
t per share'
per share
135
Year
-
Highest
13 Va Jan1
par
r__1
_
Hercules Powder
300
*113'/4
*37
38%
(G
Hercules
19%
18%
*14%
_
Preferred
$4
29
*8%
15
32%
33%
*37
6%
4%
15
*1131%
Helme
112
29
8%
8%
9
15
♦113V4
6
38%
*16
19%
*14%
9
15Vb
1V4
4%
*105'%
Corp. of Amer class A_
tHazel-Atlas Glass Co
50
•*•
52%
*16
6%
"V
<
t
99% Jan
i.100
1,000
,
75%
*17%
23%
%
112
19%
%
preferred
2,200
..
134
52 V2
18%.
23%
38
75%
134
52%
30
6
61/4
6%
76%
134
*17%
1 %
1%
23%.
6%
14 Va
*29
5%
5%
14
17%
35
35%
1%
14'A
14%
30
"108
109
23%
50
17%
*16
48 V2
■
165 Va
30
19%
48%
1%
"160
30 Vi
47 Va
5%
165%
17%'
47%
23%
*160
*105%
12
*5%
1,000
112
11%
23%
61%
14%
*105%
% 131/4
5%
Refrac...—No
•
;
No par
Hayes Mfg Corp———
15,100
61%
52%
12 Va
34%
par
•'
preferred
Hayes Industries Inc—.
'
2
62%
76%
12
109
v
6l/x%
1,000
*61
*1321/2
112
7%
1%
Hat
460
77
37
5%
1%
*14Vi
34%-
34%
696-
110
96%
55
37
5%
165%
2 Va
*
96 Va
134
33%
34 Va
62 V2
76%
38%
109
109
Lowest
Co $5
Harbison-Walk
•
97
*52
47%
11%
1%
134
35
34%
40
1,800
„
96
7%
17%
15.
Range Since January 1
-
vy
Hanna; (M A)
10
5'A
*93Va
7%
96%
136
*37
38%
2 Va
96%
*160
12
34%
*38
96
*7%
62V2
14%
9
15 %
♦113V4
EXCHANGE
*1,800
5%
30'/4
9
9
15
7%
55
*52
\
16
140
16
Range for Previous
NEW YORK STOCK
Shares
104%
*135%
5%
*93Va
2 Va
77
*132%
30 V*
30
*113 V*
77
77%
136
16'/a
96 %
'
165%
14 '/a
110
17%
15
14 Va
*103
140
51/4.
96
7%
2 Va
*160
52
30 V*
*16%
2
•
16
51/4
96
61
Va
I per share
104%
*135%
140
Si/4
7%
97
*103
•
Sales for
the Week
-
95
7%
I per share
161/4
*135%
Friday
Feb. 19
Feb.18
103%
16
140
2%
*53
103%
161/4
*135%
Thursday
r per share
103 Va
97 %
2
97 Vs
58%
*132
16
16%
7%
7%
7%
103%
137
*92%
96
*92%
%
5
4%
9 per share
share
104%
137
137
4%
per
*103
104 %
STOCKS
Wednesday
Feb. 16
I
share
RECORD
PRICES
Feb. 15
Feb.13
per
HIGH 8ALE
Monday
Saturday
f
AND
Monday, February 22, 1943
129
24%
Jan
Dec
Nov
Jan
64
Jan
11
Jan
13%
7% Aug
Jan
79%
Dec
May
Dec
K
13%,
*
122 Va
*5%
*20
13%
124
5%
22 V*
/
13%
*122V2
13%
124
14%.
*104Va
16
*9%
29%
92
*91
14%
♦14%
15
*104%
110
110
16 Va
10
16
29%
*2 V*
2%
*35%.
36%
21%
'
23
9
9
*104%' 108
31 %
31%
*15 Va
5%
23
9
*91
*122%
5%
5%
22V4
:
22
*8%
93
16 Va
9%
93
*14%
*1041/2
161/4
*122%
5%
9%,
9 %
93
*91'/a
151,4
14%
110
9%
*1041/2
9%
108
"
6
23
16 Va
*105
124
5%
/*' '
23
16 Va
10
108
*105
124
13%
16
9%
.
*105
*122 Va
V
23V4
91/2
5%
23
'
*9
124
*122 Va
6
5%
,
23
9%
95
*91%
95
14%
*15
15 %
110
16 Va
9%
106
*104%
16
9%
105
110
16 Va
9%
105
31%
32'/4
31%
31%
31%
32'/4
31 »/4
32%
*15%
15%
*15%
15%
15%
15%
15%
15%
29%
30
21%
2%
*2%
2%
30
2%
*29 Va
*2%
30
2%.
*29 Va
2%
30
22Va
37
37
36%
36%
38
37
22 Va
22
22%
22 Va
22 "4
22%
22%
5%
*5
*5
*4%
5%
*25%
25%
25%
25%
25%
25%
25%
26
25%
26%
25%
25%
25%
26 Va
25%
26'/a
25%
26 Va
25%
25%
5%
*5
5%
*5
Kan
124
6%>.
23
V
*22
*9
5%
10,300
700
9'/2
*91%
300
>
95
14%
15i/e
*104'/a
.
110
16
'
16%
9%
2,400
-
9%
*103%
40
31%
*15%
29%
85,800
-
15%
200
.
*2'%
29% {
2%
35%
22
400
180
■
22
*5
1,000
3,100
c
5% ;
25%
26
25%
.
V' 2,400
25%
4,100
11
11
11
11
11
11%
11%
12%
11%
12
11%
11%
*38
39
39
39
39%
40%
41
42%
41
41%
41
41
20%
20%
20%
20%
20 '/a
20 %
20%
20%
20%
20
20'%
2,600
12-%
*11%
12 V2
12%
12%
200
28%
27%
27%
21%
21%
21%
20 %
*12'%
28 '/a
21%
*109
*3%
13
28 Va
12%
*12
28%
21%
21 %
109%
*109 %
3%
3%
28'%
22
*12
28%
3%
22
*109%
112
3%
1'%
1 'A
1 Vb
1%
1 %
12%
12%
13%
*12%
28
27%
28%
21 %
109%
12 %
27%
12%
27%
27
3%
1%
13
27%
*12
*281/4
21%
*110
3%
28%
22
112
3%
28%
21%
110
3%
110
3%
3%
7,300
1 Vi
1%
1,%
1%
15,300
12%-
12%
12%
3,100
26%
27
27 Va
26%
26%
15%
15%
15%
15V2
151%
15%
15%
15%
28%
28%
28%
28
28%
28%
28 Va
34%
35%
35%
35%
35'/«
35 %
35
35
35
35
footnotes
see
page
26 %
City Southern
.No par
4 %
preferred^
——-100
Kaufmann Dept Stores—i.——il
5% conv preferred
100
6
5%
6
5%
6
Jan
13
231/4 Feb
17
16
7% Jan
6
9 % Feb
17
6
Feb
16
15% Feb
19
103% Feb
1
103% Feb
1
..1
14% Jan
2
161/4 Jan
22
1
Jan
4
10 1/4 Feb
11
Jan '29
106 > Feb
Kelsey Hayes Wh'l conv cl A
B
Class
t$6-'.pt<pfd, A..-..No /par
Kennecofct Cdpperi..—No par
Keystone Steel & W Co.——No par
Kimberly-Clark——No par
Kinney (G R) Co————— 1
Kendal 1-Co
■;
-$5
prior preferred———No par
Ca_.———a———.1-0
Kresge Dept Stores^.————1
(S S)
Kresge
Kress
(S
H)
Laclede Gas
Lt
11-
,
Nov
11%
Feb
Dec
100%
Jan
Jan
11%
Dec
14'%
Dec
9
4%| Jan
100
Sep
103%
93% July
1Q% Apr
105%
May*
Dec
Jan,(
Jan
7
32 '/4 Feb
15
26%
Jun
37%
Jan
151% Jan
2
17
Jan
29
11%
Apr
15%
Dec
25
Jan
7
30
Feb
15
24%
Jun
29,
Jan
1% Jan
34% Jan
13
18% Jan
2
2% Jan
11
12
2% Feb
'
2
1%
Jan
2%
Feb
2
30%
Sep
•40'%
Feb
22% Feb
17
"Mar
22%
Jan
3'A
Jan
39
-
IT
Feb
6% Feb
2
4
26'% Feb
18
19% May
27
Jan
25% Feb
19
27 Va Jan
18
22'/#
Apr
29%
Jan
13
Co St Louis—a100
preferred.—
(The)
—-1
(The)..
Lehman
Llbbey Owens Ford Gl—_—No par
Libby
8%
102
7
29 Vi
Apr
81%
Oct
May
23% Jan
Lambert Co
Corp
V-
Oct
7%
par
——
100
——.No.par
Lane Bryant
——
No par
Lee Rubber & Tire—<—1
S
Lehigh Portland Cement
25
4% Conv preferred.—.
-100
tLehigh. Valley RR__————.-50
Lehigh,-Valley Coal.————No par
6% conv preferred——
50
5%
83
124
Jan
Bak—___No par
& Co.-No
Kroger Grocery &
Lemer
5,700
20
2%
'
93
Lehn & Fink Prod Corp—
21,700
Mar
2
1,200
5%
117
19
2
1.300
34%
7
6'% Feb
123
Jan
3,100
5%
Feb
Jan
2
11V4 Jan
15%
34%
5
2
Jan
Kayser (J) & Co——-.5Keith-Albee-Orpheum preferred. 100
28' '2
15%
*28
15
122% Feb
Vv'5%
10
Stores Corp
5
----No par
'
5%
703.
30
12%
28 %
For
2,400
1 %
15%
6
2,300
:
12%
28%
5%
3%
920
1%
*15%
6
112
1,480
12%
*28%
5%
*110
:
Furn.o.
City P & L pf ser B—No par
-Kansas
•2,100
105
-31
30
1,200
■■
35%
2%
37
*36
■;
McNeill & Libby
—7
9% Jan
4
35
Jan
4
17% Jan
5
11% Jan
7
26% Jan 27
20
Jan
4
107% Jan 27
2% Jan
2
jjf Jan
2
11% Jan
6
24
Jan 12
14% Jan
6
23% Jan
8
31
Jan 12
5
Jan
2
2%
Jun
12% Feb
17
7'/a
Apr
42 Vt Feb
17
21%
Apr
41%
Sep
21% Feb
1
11%
Jan
18
Dec
12% Feb
6
11%
Dec
28% Feb
8% Mar
16
22
Feb
Feb
18
15%
3% Feb 49
Apr
18 %
15
110
May
104
-
Aug
2%
Jun
1% Feb
15
V!
Dec
13% Jan
23
8%
Jan
28
11
Feb
15% Feb
1
17%
Apr
May
28
Dec
23'/a
Jan
113
Jan
4
Jan
1%
Jan
15'% Aug
25
Dec
11%
Apr
14'4 Aug
10
18
Apr
26%
Dec
35% Feb
15
20%
Jan
33%
Dec
6% Jan
29
Mar
51/4
Jan
29
Feb
4
.Volume 157
;
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4153
Feb. 15
31
*68
70
68%
70%
69%
70 '/b
176 %
25 Va
25%
28%
69:
70.
31
29%
28%
29
36%
36%
14%
14%
17%
17%
37
♦36%
i
i
14%
25%. .r
-
19%
19%
20
19%
48
48%
47%
42.
48
39%
20
.
6%
;
.
41%
40
40
*6%
>
20%
7
6%
•
36%
*35%
86-
14%
14%
*14--.
17%
17
19%
19%
18%
47%
47%
47%
47% '
41%
42
42%
42%.'
*6%
7
21
21
21.
*20%
<
i.
20%
v
v-:
20%
5,200
1,600
t-
700
:
Belt
17
Feb
20
Co
33
Jan
70 Va Feb
5
50%
Apr
73%
Jan
2
71% Feb
3
50 Va
Apr
74 Va
174V2 Feb
2
179 % Feb
18
364%
Apr
22Va Jan
4
25% Feb
17
16%
Apr
24
Jan
7
29% Feb
15
22
19
19%
19%
19%
152%
*151%
152 %
-18
♦17%
18
19%
19%
19%
18
352
19%
-
152-.
:
17%
<
,19
19%
152 :
■
152
*17%'
18-:.
19%
.153
"•19,
■
153
-18.
18
19%
*152-
18
.4,500
■"
«
7 7..
1541
*17%
18%
f
70
j
.64 %
64%
64%
64%
64%
G4Va-
:
64%
64%-
64%
.•
163%,
64%
1,900
i
Feb
25% May
9% Jan
37'/a
Nov
12%
Oct
11V# May
14% May
16 Vb
Dec
24'/2
Jan
37'% Feb
3
12% Jan
4
14 % Feb
17
15% Jan
6
18% Feb
10
16% Jan
5
20% Feb
2
42%'Jan
7
43% Feb
15
37
11
42% Feb
18
31%
Jun
6:% Feb
4
7% Jan
6
.18% Jan
13
•
Jan
37'/a Jan
LooserWiles
No par
No par
25
Biscuit—fci.
i'Lorillard
■."> 7%
Co..__^
(P)
21
•
Feb
15
19%'Feb
46%
11
15
Dec
42 Va
Jan
7 Va
Dec
19%
Nov
16%
Nov
2Va Mar
1
Mar
_„10
16% Jan
2
100
148% Jan
12
Feb
2.
„2_No par
15% Jan
6
18% Feb
2
11%
Apr
18%
Jan
100
59% Jan
8
65% Jan
26
55%
Sep
76%
Jan
.10
20% Jan
8
23%
Jan
.2
preferred—
Louisville Gas «&
2—
El A
'
64
32%
Lockheed Aircraft Corp__^™;
1
Loew's Inc___—par
800
.
Jun
Va
34% Jan
,'Lone Star Cement Corp
Dec
Nov
par
':Long Bell Lumber A
Jan
177
23%
No par
•
*151%
Mar
4
63% Jan
-No par
.>
Liquid Carbonic Corp
t
I per share
63% Jan
No par
Lion Oil Refining Co__
"5,400
■1
6%
*2oy8
Link
.
.
13,600
■
6%
tPreferred
6,300
•
41% ; 42%
'
•
500
31
Highest
I per share
par
Lima JLocomotive
1,200
19%
-47 *
'.. 46%
20%
j
■;
t per share
4
25
;
*
Lily Tulip Cup Corp..
,
(
Jan
100
+'.
t
1
30
1942
Lowest
25
Myers Tobacco
Series B—
/'
400
:
•
■
a
173%
-
Liggett
5
Tear
Highest
* per share
Par
;
„6,900
14%
19
6%
20%
37
-
•
i
I
17%
Range Since January 1
Lowest
90
14%
.
19% r
6%.
20%
36
a
-
17% i
-
Range for Previous
STOCK
Life Savers Corp
600
,
.
-28%
"28%-
t
1,500
25%
*24%*
-
14%'
17%
6%
6%
'
..."
>.
36%
48%
41 %
47%
i
29 %
■
.
19%
,
29%:
25% V
-
■28%
v
69
■*178 %' 180%
<
j
17%
<
*24
25%
•
179%
FORK
EXCHANGE
100
67%
67
*67%
'
NEW
Shares
•j.
31%
*
67%
69
<
14
18
18
•
*30%
!
14
17%
19%
.
29
:
69
178 •'
the Week
S per share
31%
67%
69 %
25%
,
-
14
•
67%.
■
68%
*25%'
*29%
176 %. 176 %
■
25 %
.
31
♦67.;
175%. 175%
176%.
29 Va
37
*36%
"67%.
.
69%
25%
29%
31
'69%.
68%.
.
*175%
176%
♦30
S per share
Sales
Feb. 19
Feb. 18
I per share<
tot
Friday
Thursday
Feb. 17
S per share
31
♦30
*29%
STOCKS
Wednesday
..
Feb. 16
t per share
$ per share
i
Tuesday
Monday
Feb. U
HIGH SALE PRICES
AND
LOW
Saturday
/Louisville & Nashville—,
153
H Va
128
Apr
Mar
153
Dec
M
24%
•
132
*23
24
*23
24
24
24
24
*130
135
*130
135
*130
135
*130
25
*23%
24%
*126
'■
135
*128
32%
33%
32%
32%
32
32%
32
24%
24%
24%
24%
24
24%
11
10%
22%
21%
4%
4%
9
9
:
••
*15%
4%
..
.«>
9
'.
■
-.
32
23%
23%
23
23%-"
10%
10 %
10%
10%
10 Va
22 Va
22%
22%
22%
22%
22
4 Va
4%
4 Va
*3%
4
9
9
*8%
9
*15%
16
*15Va
16
*15%
16
*1%
2
*1%
2
1%
2
4
3%
4%
3%
4
>
16%
*15%
16%
31%
9
22
21%
2
2
1%
2
4
4
3%
4
4
4
'
9
MacAndrews
6%
Forbes
&
24% Feb
11
32% Feb
15
26%
Dec
35%
Jan
19% Jan
24% Feb
11
17%
Apr
21%
Jan
par
10
Jan
10% Feb
1
9%
Nov
13 Va
vlO
preferred_J.„^»w.:
20
Jan
23
Dec
27%
Jan
1
3
%' Jan
2% May
4%
Jan
X6%
Dec
31 Va
31%
5,400
Mack
23Va
23%
5,500
Macy (R H)
"10%
10%
1,900
Madison Sq
22%
22%
4.000
Magma
5,500
Manati
Sugar
Co—..^———
400
Mandel
Bros.
..IVo
%1
3%
-
9
3%:
*8%
v
9
"■
,
Co Inc—-No par
Gardei
Copper-^.—
—
—
1%
1%
1,800
3%
3%
21,500
Maracaibo Oil
.25
1414 Jan
27
2
9"
11%
11%
11 Va
11%
11%
11%
11%
11%
11%
11%
3,030
12y8
12%
11%
12%
11%
12
11%
11%
11%
.11%
4,100
Marshall Field
18%
19%
19
19%
19
19%
19 Va
19%
19
19%
1.8%
19 Va
v8,700
5 Va
5%
;*34
34%
34%
35
34%
35
35%
35%
35%
*24%
24%
24%
24%
24%"
24%
24%
24%
24 Va
24%
25%
25%
25
25%
25
25%
24%
25%
5 Va
5%
5%
.
5%
5%
5%
5%
5%
5Va
5%
Martin
<;<
25
24%
*165
167
170
41%
3%
3%
23%
41%.
•
104
*165
41%
3%
24
*100%
167
,
41%
3%
•
24
3%
24
*165
*165
42
41%
-
43%
9,000
Martin-Parry
35%
35%
1,800
Masonite
*24-%
4 Va
4 V8
,3%
25%
25%
100%
25%
100%
:
24%
600
*104%
100%
100%
14%
13%
14%
14%
14
14
14
14
13%
13%
13%
13%
13%
13%
109
*22
♦104%
22%
109
23
.
109
*104%
24
r
100%
100%
*23
*104%
*22%
:'-7',.;25
•T
Feb
.
2
5
10
3%
25%
1,200
11 Va
May
% Mar
2
Feb
11
4 '/a
Fefa
17
2%
13%
14
12%
13
4,000
*104 Va
22%
22%
11
4%
Jan
11%
Oct
15
8%
Apr
12%
Jan
-.1
18% Jan
7
19 Va Feb
2
26 Va
Jan
Co.—
5
5% Feb
15
par
32
Jan
8
35 % Feb
18
22% May
34t4
Dec
.2-1
Corp_.__„.__i No
17% May
3 Va Sep
10%
10
10%
10%
10%
*10%
22
Jan
11
24 Vo Feb
15
19
Aug
25 Va
Nov
21% Jan
2
25% Feb
15
19
Va July
29%
Jan
3Va Jan
par
41%
41%
41%
4i
41%
*41
41%
17
16%
7
7
*103
17%
r
*107
7%
107
7Va
107
'»
10*
*107
7%
,./■.
107
•
16%
17
16%
110
*107
7%
*103
..
17%
16%
110
7
7%
103
7
103
1
-
16%
*109
110
8%
8%
.
*80
72
30%
.*27%
28%
6%
28%
*28%
30
6%'
6%
21%
22
24
24
*110
•
103
28%
28%
28%
113
V
28
28%
28%
.♦
7 %
6%
22 Va
21%
23%
23%
114
113
*113
59%
*59%
*106%
108
*112%
113%
4
V
16%
4
77
77%
16%
*112
>■
r
108
*106%
108
113
Jun
2
9
Mar
12%
Oct
13 Va Feb
15
10
May
14
Jan
7
99
Va Aug
108 %
14
Apr
24%
*77
77%
16%
16%
.
*77
16%
16%
1%
1%
4%
20%
20%
20%
; 20%
20%
20%
90 •••:
88 V
116
T5115
McLellan
Stores
6%'
11%
13%
13%
..25%
; *4%
25%
*59
61
16%
Jan
24
1st
conv
'
preferred...
Machine
21%
22%
6,200
23%
1,000
;
Jan
9
27%
Oct
39
Dec
27
17 % Feb
15
15%
Dee
15
110% Jan
12
7% Feb
11
„
Co~i
Jan
■
104
Jan
May
5%
94
Jan
Jun
Dec
7 %
Apr
Dec
Nov
110
108
x5% Nov
8% Feb
4
67% Jan
9%
101
Vs
.Jan
Jan
7 % May
64%
Oct
77
Mar
60
Jan
15
73 % Feb
55
Dec
72
Feb
27
Feb
9
30% Jan
20%
Jun
32
Jan
4% Jan
2
6Va Feb
4%
Dec
6
Oct
Jan
4
28 Va Feb
18
22 %
Jun
29
Oct
27% Jan
29
30
Jan
13
21
Apr
33%
Oct
Jan
13
29
25
-50
26
_._5
.
81
9
Feo
Feb
17
24
Dec
30%
Jan
7'/a Feb
5% Jan
15
5
Apr
7Va
Jan
Dec
18% Jan
22% Feb
18
12 Vs Mar
19 V2
par
20% Jan
•.24V4Feb
15
16 Va May
23 %
Oct
~i—100
106Va Jan
Feb
15
88 %
Apr
108 Va
Nov
61 Va Jan
5
35 %
Jan
59%
Dec
103%
Jan
108
Xl07% May
1% May
111
Petroleum
,10
"
Midland
Prod.:
Steel
..No
'
8%
1,200
1st
cum
preferred
58
Minn-Honeywell Regu...
..No par
4 %
conv pfd
series B___a
-100
10
.
6%
10
.Jan
'
50
59
15
26
Feb
103
Copper.—..4-,—.-—-^-5
Mid-Continent
/
Feb
.100
6
Jan
10% Jan
42
7
Merch & Mill Trans Co—No par
t
3%
iV*.% preferred series C
113
4
*76
114
Feb
107
Feb
108
1
Feb
19
113V2 Feb
—100
.4
113% Feb
4
2
4% Jan
22
,
7 ">•
$6.50
Mission
64% Jan
7
.13% Jan
Corp.*.——.10
'
1,500
#
Oct
13
Mohawk
/1,600
78 Va
Feb
16% Feb
15
57%
67
Mar
14%
Nov
8%
Apr
% Jan
2
1 % Feb
18
Jan
1%
1O0
4
5
Feb
17
1%
Jan
4%
Mills.——20
Carpet
17% Jan
12
20% Feb
6
12%
Feb
—
Dec
Jun
3% Jan
7% preferred series A__^
;•
Oct
3%
.
*
Mo-Kan-Texas RR_j..—..No par
J0,800
14,000
20%
20
-•
••
1%
4%"
*
Jan
......I
preferred—v—^_No par
v
900
16%
1%
-4%
.
3
^ Minn' Moline Power <Imp]_j
5,000
78
*15%
k
i
20%
20
•
"
37
34%
*34
13%
13%
28%
27%
•■;<< 4Va
;
16%
37
37
16 %
60-
60
17%
17 %f
'
U
18
Oct
Oct
Oct
68-
117
115
7%
7
<■
1'
114% 115
115
7%
-
41
*67
68
68
■I 115
...
3
28 %
Dec
12 %
Dec
15
6%
Jan
11
Oct
—5
ll'/a Jan
12
13% Feb
15
9%
Apr
12%
Nov
COv—-1-1
Mullins Mfg Co class B
...1
$7 prelerred.*".—*
,„No par
Mun.sing wear Inc.—-.
-No par
21% Jan
8
28% Feb
18
20% Aug
2
Sep
25%
Jan
3%
Jan
700
Murphy Co
67 Va
114%
50
'
114V2
*
17%
77;
•
/
<
'7,7':::
6%
.
41%
41%
80
11,800
'
42%
42 Va
Dec
18
Motor
: 3,200
;
60% / 60%
*66Va
,
115
6% 7'': 7:,;
7 Va
*41% '■'42.%"
41-
/
34 %
Feb
<"
-
Apr
Feb
4
67 Va
23%
12%'
•
'
68
10
17% Jan
Mueller
-4
Feb
35
8,300
*17%
38
7
^
7
14
31% Jan
•
Feb
'5
28
7
Jan
\8
27%
•
110%
Jan
Motor
4Va
Apr
S'/a Jan
700
& Co—._.
(J)
"Morns & £sse**'
2,100
17%
102 Va
par
Morrell
100
13%
61
17
33% Jan
13%
17%
Feb
par
28%
*60
Oct
112
/Montg Waid & Co Inc.*—-No
13%
'
-if
120
-.
500
37 77/
•
Jan
117%
2
3,000
■:
91
May
May
108% Jan
*
May
110
112
par
series C.^
preferred
,
66
1
19
No
$4
par
10
Feb
119% Feb
20
B—*..*.No
115
116
2
Jan
3.350
V
90% Feb
7
Jan
118
11%
4
4Va
14,000
86% Jan
par
110
36%
_^10
preferred..!.-*—.—No
16%
'27%
4%
Preferred series
11%
16
' v
28 Va
17%
$4.50
20
112
*34 Va
'-
xl3%
60%
70
*
119%
Co'_.^..'.
Monsanto Chemical
1,700
.<'/
116
36%
13%
4 Va,
'
*11.0%
11%
*17%
42
,
.'7..'. 11%
*59 Va
68'/a
r
*115%
•
112
*34%
16%
,12
87%
87 %
-
119%
36%
37 "''v
16 V2
13%
.
88
116
V
37%
*11%
<
87%
*110 V8
17%
7%
.
104
Jan
(The).2.;,.:—— ...1
Co
Miami
j-' -
*119
4%
60%
67 Va
tv :742V
41
*38%
5 7o.
Mesta
-
"•'.,5
*115%
112
12%
12
28
*115
117
*115
c ./ ■ 6% \%7%;
.
''<~J4
16% V 16%
13%
17%
<
Mengel
5,200
107'
'
'.
76%
4%
,;
.89 Va
112
37%
34%
:.
12 Va
60%
67%
*66
7
G
Corp.._—
No par
S6 preferred series A——No par
pfd ser B w w
\sr.No par
] Melville Shoe Corp....——— —1
1,600
*111%
4
*15%
116
*119
28
16%
-
j
27%
V4 %
4%
Jan
.2.1
Co..
$5.50
6%
-
<
20%'
89 Va
112,
36%
35%
:
r
13%'.
12
17 %
■
17%
38
*34%
16%
,
;
i.
600
:
'
Mead
180
.
28 Va
59-
Vvi% -1%
1%'
5
*115 Va
:-'
*110%
37%
16%
11%
: 29
Inc
—1
]
17,700
■
...
preferred
conv
'
108
...76%
■
■•■...
,jj/ 20%
88
116
:
Va
*119
111%
36%
16%
104
9
'
!
<*115%
*119
*34%
.
6 Va
112%" 112 Va
113
16 %-
4%
37%
Robbins
&
preferred
28%
59 Va
4
77%.
1%
37%
...
'
4%
,
Va
100
-A'o par
Corp
:
i%
III
2,100
Dec
76
147/a Feb
6%
113-.
*111%
,
4 Va
4%
111
29
V
■
101
100% Feb
7
7
'
•
*106%
"
4 v
'•
*119
59
;
*111%
4%
l% >:■.
90
170
400
Nov
9
*23 Va
22%
4%
90
•
22
16
27%
23%
1%
115%
6,400
Sep
Jan
7
22
4%
85%
6%
23%
1%.
115%
28%
24 Va
4%
.
8%
13%
11% Jan
50
73
28%
"28%
59%
16
12% Jan
McKesson
4,000
80-
.
6% .)
29
113
25% Feb
McGraw„Elec Co.——
•8,300
103
*28%
:
22 Va
x59
% 113%
4 V
%
78%
16%
;
*106%
t"
115
*112%
4
77%
.
28%
24%
60
v.
*106%'aoa
,
..
4
■'
6%
<r'> 6%
116%
4
Jan
—1
Stores
5%%
7
6%
".29
1
21%
:
21Va Feb
'14% Jan
8%
6%
*113
pat
109% Jan
6%
29
.—No
176
McCrory Stores Corp..2.——. .—1
5%, conv preferred..—,^
.100
110
*100
6%
117;
»«iQ
60
7
16
.100
29
28%
22>-
♦24%
..
•
4 Va Feb
..18
29
*28
7
7
29%
29%
Nov
2% Jan
11
80
28 %
3%
par
13
'
""
*
*
Jan
1% Jan
No
—
8% Jan
73
28%
46 '/a
19% Jan
73%
28%
Apr
3814 Jan
80%
28%
Apr
31
.—No par
73%
6%.
162
17
McGraw-Hill Pub Co
80
TK'
29
43% Feb
167
Melntyre Porcupine Mines.a.... —5
8%
8%
Jan
2
900
72
.
5
Jan
1,500
6V2
6%
24
.
81
Jan
37
1,100
28%
30
22
.
80%
*70
28%
28%
f
28%
28%
,:
^ *28
T 28%
v" 6%
/'
6
•
J
8%
8%
80%
72
30
30%
28%
8%
'
72
30
•
8%
80%
;
72
*67%
5%
■
8%
81
81
..
30%
5%
'r
8%
84
165
41*
rl
•
.
Jan
-10
Stores...2
...
16%
6 '/a
preferred—..,.2.——. .100
Department
McCall
,
"
*67%
par
ia%
*109
7%
*100
Wlcs—-No
22%
16%
110
<
No
40%
1C%
4i
HO
,....2.
Co_...u..pi,v—
10%
-io
Jan
12Va Feb
221%
10%
Nov
3%
12% Feb
preferred
$6 1st cum preferred
109
1C9
Jan
2
2
$3
800
13%
16%
Jun
5
L)
Maytag Co
.
100
*100Va
14%
13%
23
1%
May
•2,600
14%
40%
16%
2,600
May:
Jan
Jan
Alkali
Mathieson
10
43
*24%
"
*9%
*107
175
42%
24%
*104%
Jan
V 9% Jan
Corp...,
Elec
Master
3,600
3%
40%
.;
25
■
*165 1
:.
*100%
:
109
23%
:
4
24%
.
'
-
42 %•
42%
4 Va
24
175
,
42%
13%
*14
.
131
Co—UNO par
&
(Glenn
18
'
*35
Apr
Dec
19
30
Feb
16
1 % Jan
12'/a
■
9
3% Jan
—
Jan
414 Jan
.—1
Exploration
Midland
Marine
»
♦
6% Jan
11%
■
Jan
par
12
r
J/a
122
28
par
Manhattan Shirt
16
*15%
■;
Trucks Inc—-*~-No
—5
Corp
Market St Ry 6% pr preferred.. 100
*11%
15
100
:
'
32%
4 %
*10%
II
*10%
:v
.
900
24%
135
Products
Wheel
-No par
-
•13
.50
***_•_
Corp.—..._No
Corp—*
Brass
4% %
2% Jan
2
*4 Va Feb
63% Feb
15
7
5
50
Jan
63
15 V Jan
5
17% Feb
18
11
% Jan
17
Dec
7
68% Feb
15
49
May
69%
Jan
63
Jan
100
112
Jan
preferred
Murray Cofp of America*
"Myers (F E) & Bro. 1
10
29% Mar
53 /" Jan
—No par
(G C)__
48 Va Mar
.
5% Jan
.
Feb
115
25
II
7%. Feb
15
42% Feb
V-
2
;
108%
19
No par
12
Sep
4%
30%
Jan
6%
Nov
Jun
39%
Feb
'3 Vs
July
;/:
'
34% Jan
Feb
113
Dec
N
'
1%
7% <
V
7%
7
V
1%
1%
1%
7%
1%
♦1%
7
7%
7%
7%
28%
28%
28%
29
*
10%
16%
16%
16%
28%
16% '. 16%
29
28%
16%
27%
■
*1%
v
7%
■■
ri%/V
1%' :
1%
7%
V 7%
:■
28%
28%
>:
16%
1% '
16%
7%
'■
7%
7%
41,200
29
*27%
•
/ Nabco
!
.<•: 6
6'/«
$T 3%
/":""7
18 Va
'.r.
6 Va
8% '
9
10%
10%
7
18%
10 Va
19%
18%
7
6%
:.
*8%
10%
10'4
19%
19
169
*166%
19%
20
1874
169
20
*166
169
6Va
'97'r-
6 Vi
7:9
6Va
6
9
;■■
*19%
20
19%
"■
9%
10 %
19
19
7%
22%
V
22 %
:
10%
16%
16%
16 Va
7%'
16%
•<
'
7%
7%
7%
22%
*22 Va
22%
10%
10%
10%
16%
10%
10%
23 Va
10%
16%
16%
16%
•
9
8%
<
,
:
;
•
19%
:
.
7V4
<
15
7
Oct
15
16% May
29%
Nov
Co__..__.,
1
15% Jan
4
17% Jan
30
13% May
19%
Oct
Nat Automotive Fibres Inc.
•—1
< 6% Feb
15
3
Apr
5%
Nov
Jan
15
5%
Jan
8%
Dec
7%
*9%
9V4
8%
87/a
8%
8%
*9%.
9%
*9%
9 %
■
Corp.*..,
St.
'27 Va
•
*19%
19%
7 %
"
27 V*
27
19%
1914
19 %
7 Va
27%
<'27%
7%
7 Va
7 '.
7%
27'/«
27
19
19 3a
Va
%
193a
2,000
16V2
16%
12,500
8%
<' *9%
26 V2
7 Va
81
80%
''
15%
-.
,r
167'
V, 145
: 145
18%
.7.15%
•'
170
■
18%
-
'-3%
171
*166
*143
■' 150
145
=•>?
33
,■'< -'.,*81%
v
:
*32%'
18
33
18
Va"
32 Va
1
83
C:
/
:
3%
3%
3%
56%
56%
56%
83
"
*144 "*
700
14,600
3 %"
7
3%
*
•
<■
16%
1
>'~17'%'''
1
$4.50
'
2,800
32"-." '32%
3
56%'
*"
.
600
Va-
r'3'%.
! '
7 %'■
'Se Va
68,200
-
6%
•V
•
..
64
;
68
64
.v
68%
'
3%
'
8%:
.•
••
17%
17%:
1
1
8%
•
.
65
-7%<
+■
•'
66
67%
•
•'
V
17% <18%
?
•<■
3%
*
9 Va
68
•
3 y2
¬
"'7%
10%
18/"
69%
3%
7%
7%
10%
10%
•
*18
■
*79
*39%
10%
18%
82
*18
•<
*79
.
♦18%
817/a
*109
♦
*18
79
18%
79
18% '?:
.9
*-17%
.
67
70"
66%"
70
'<
66 Va
70
3%
7%
'7%.'
lOVa
18
*79
<~66%
Stamping—, —No par
1
3%
"
■
7%
'
10
17%
18
*79
81 %
7Vs
*17
17% '
81%
■
*79
■
•
18
40
•
*39%
112
111
40
111
40
♦110%
40
*39%
41
112
*11.0%
112
-
30%
30%
12%
12%
30%
31
30%
31
31-
31Va
12%
13 Va
12%
13
12%
13
18%
18%
19
19
18%
19
18V«
19
18 Va
18%
19
19
*98 y*
101
*98%
101
100%
100V«
100
100
100 J/a
see
167/8 Feb
6% Jan
13
100 Va
page
703.
30%
-
31V8
12%
13
-
'
7,200
500
15
4%
Jan
7%
Nov
9%
Nov
'
Feb
8
14
17% Jan
15
6
Jan
.70%
Jan
5
8% May
17% Apr
26
19% Feb
17
14 % Mar
18
-
12
7% Feb
15
4
83 % Feb
19
10
3%
60
11%
Apr
6
Jan
Sep
Nov
72
%
,
Dec
Mar
18
13
145
May
168
Jan
13
129
Mar
146
Jan
14% Jan
13
18% Feb
15
Jan
4
i-4
—No par
—25
Corp—i
1
•'
—
17
2
9 Vo Feb
15
4
9%
4
18 % Feb
■
Jan
5
67
Feb
17
Jan
2
70
2% Jan
2
Jan
57
100
62
———I
4%%
conv
serial
preferred^—100
—No par
100
preferred series A
Newmont Mining Corp—
Newport Industries
1
-10
—
1.1
N'port News Ship & Dr Dock.
$5 conv
preferred.
■
15
No par
No par
54
15
56 % Feb
14% Jan
—No par
36
3% Feb
5
.40
—No par
Apr
1% Apr
43% May
2
5% Jan
i
Newberry Co (J J)*
29 %
5
Jan
!l00
preferred*
*
36
6
9 Va Jan
Feb
16
Jan
7% Jan
28
7
10% Jan
26
4
18 % Feb
9
74% Jan
4
Jan
11
110% Feb
19
26% Jan
37
17% Mar
Nov
3Va
Jan
Oct
May
6%
Jan
Jun
16%
Feb
45% May
IS
5
Jan
63
Feb
51
•
17
3% Feb
16%
Dec
2% Jan
52
Apr
13%
•
31V4 Feb
-10
prior preferred—!
prior
par
-
.3.600
Aug
9% Feb
•; 28% Feb
V]
Feb
Nelsner Bros Inc*
4.200
•
15%
Feb
Natomas Co..
'
"
*
Apr
16% Feb
Na,t Mall & St'l 'Cast CO—No
National Oil Products Co—
5%
12%
145
National Tea Co..
20
Dec
15
170
Nehi Corp
20
Dec
9%
6
5%-%
100
•-
20
Sep
2
6%
200
Jan
6%
13
530
♦
110%
13
footnotes
2
11
•
iJan
800
,
40 %
110%
30%
100 »/a
.
81 Va
*39%
•
V
12%
For
14% Jan
1
30%
*98
18
Jan
-
2,800
15
IIV4 Jan
3% Jan
16
23 Va Feb
Jan
$2 'conv preferred
*2,600
Nov
7% Feb
4
:4
5% Jan
14
Supply ((The) Pa—*
'
t2.
10
5%
5
9% Jan
160
—I.
Co.—
National Power & Lt
4,900
7%
•',10'/
"
Dec
Oct
137
Lead
National
3'%
•'
7%
10'
16%
18% Jan
;t
<
preferred..!. J.No par
Steel
•
Apr
12 Va
9%
-10
•
69^4
3%
1
National
66'/2
*69V4
,*
"
3%
♦10 1
■"
-*^18
3,000
6,600
13
20
29,800
8Va' V'8%
17%
J.7%
"
Feb
'4
'
*39 Va
40
112
*109
i-
< I/.
18%'' :
8%
7
'
66 %
"
"
V10%
9
69 ;
66
3%
-'7%
87/8
18%
68
"10V4
*-
i8
9
60
-
3%
'
*7%
87e
Jan
Jan
'
8%
v
Oct
166 Va
■
preferred A—_L—.
100
preferred B——1—100
National
;
16%
May
17
(gypsum Co..!—.
conv
May
140
Share Corp.. —No par
X25% Jan
'
13
17
168
9% Feb
National
15
'■'■ Feb
7
preferred
Nat Enam &
15
19% Feb
7
2
Jan
Register-.—*...No par
6 Va May
10% Feb
SVa Jan
Dairy Products.—..., —No par
6%
9
15% Jan
——10
!
"
162
ilO
.:*
Can Corp
Cash
-3
Nat Distillers Prod—!—.. ,^lNo par
.
70
17%
&
2
8% F eb
Corp.* .——.5
._!*___,
National Dppt Stores..!.*, ...No par
200
.
56 % - '
.Nat
11,400
146
Bond
i>»4 Jan
!
100
Aviation
Biscuit • Co_._v.-
National Cylinder Gas Co*
160
168 7a
'
3%-
<56 Va
56%4
'
"
83%""
10
preferred—l—
preferred
National
Nat
'
.
*167
...
^
32%- /32-%
32 Va "V
"15%-
3,700
»144
-
"
•
146 v
'■<'17%' '-"18%
1814 -v-
yi
9,600
6,900
,
6%
."6%
*166 — 171
Nat
:
19
;
1 ■-'"15%'<16%'"
16*4
145
'
17%
56Va
55%
85
"
171
-
o3%
■
r
15 Va
*165
V
■7. *32 Va
•
16
•
145
3%
55%
15%:
714
*81%
167
■
-18%- •18%
32%
32%
•055%
15%
'-
4
•
7
81%
8T
;• *80% ; 83
15%
'
170'
•7145'
■>.
27
*17%
19'/a
6%
'
'
7%
'
97/a
?
'
•
7%
5,400
•
27 '•'
18%
'
'-
7%
10%
u.78%
9%'
26%
27 Va
900
22%
'■
8%
*9%
6 %■ conv
National
7Va
'.<
Acme
National
10%
16%
8%"
-7
-
200
22%
rlO%
16 Va
National
4,200
„
Dec
Jan
Feb
16,600
19%
1
29
18%
171
"'•
< 3%
11
7% Feb
2
10%
V
'
•
9%
'h *9% .7
'
'
2
23% Jan
1.900
*19
22%
-10%
•
<3,500
8%
*170
22%
V
9%
9Va
•
6%
18%
171
19%
22 %
7V2
6%
22%
:
7
6
10
18%
*170
168
■7'
10%
18%
19%
168
:
,';i
"
7% :.
'
■*10V2
7;
j
1% Feb
5
III—100
Cbatt &
Nash
2,400
8% V"
'<"'■
Va
*8% '
.'
V%'
"
•
•
par
Louis...
Nash-Kelvihator
600
16%
16%
'
6%
8%
10%
10 Va
*165
167/a
6'/0
8%
2
1% Feb
6% Jan
No
Liquidating Co**..*
'
~
.'
1,200
70
Feb
4
Oct
May
2% Mar
4%
Oct
5% Mar
11
Jan
70 '/a May
9
Va
Feb
9%
Dec
17
Dec
79
Feb
40
Feb
17
28
Apr
39 %
Dec
112'% Jan
30
104
Mar
110%
Dec
22 Va
Apr
16
75%
Sep
2
31 % Jan
30
30%
Feb
10% Jan
12
13 % Feb
10
7%
Apr
11%
Jan
17% Jan
2
19% Feb
2
15%
Dec
25 Va
Jan
95 Va Jan
7
100% F<%
18
93 %
Dec
109%
Jan
-
THE COMMERCIAL & FINANCIAL CHRONICLE
STOCKS
LOW AND HIGH SALE PRICKS
Monday
Tuesday
Wednesday
Feb,13
Feb.15
Feb. 16
Feb. 17
I per thart
I per thart
Katwrday
Friday
Sales tar
NEW YORK STOCK
Feb. 19
the Week
EXCHANGE
Thursday
Feb.18
31%
32
12%
13
12%
12%
12%
12%
3,000
41,200
12%
12 y8
12%
12
12 y4
900
34%
35%
35
35%
34%
35%
5,500
19
19
18%
18%
18%
18%
1,900
*6%
7%
600
New York Dock
*17%
18%
700
130
5% preferred
NY4 Harlem RR Co
31%
12%
12%
12%
13
12%
12%
12%
12%
12%
12%
12%
12%
*12%
35'A
35%
35%
35%
34%
35%
*18'A
18%
18%
19
19%
19%
f per
I per thart
thart
X31%
thart
31
31
32
'
*6%
7%
18%
7%
7%
*17'A
18%
*73
74%
*97%
42
%'
75
-
%
2%
•a
44%
76
*95
102
44%
%
H
2%
45
•75
13
76
102
42
102
*95
,
42
42
%
%
%
2%
2%
%
x/a
22%
■
22%
28%
29%
169 Va
171
*114%
115
12%
12%
52%
53
•52
53%
53%
52%
52%
52%
52%
11%
12%
12
12%
96
96
,
8%
♦94
8%
112
52%
♦51%
*95
51%
11%
12
*95
98
8%
8%
112
♦112
112%
*35
Oct
13,
15% Apr
23%
Dec
620
170
169
114%
80
12%
*114%
32,000
12
51
11%
11%
97%
*95,%'
;
•
3%
v •
3%
.4%
3%
220,
.
.
800
240
.
Preferred
14%
14%
14%
14%
14%
14%
25,800
36
36
36%
34%
34%
■2,800
6%
6%
6%
.7,200
14%
14%
14%'
14%
15
36%-
35%
35%
6%
6%
88 !
6%
6%
6%
6
88%
88%
88%
*85
10%
88%
5%
88%
*86
*85%
5%.
*5%
5%
18%
18%
18%
18%
148%
148%
*148'A
5%'
5%
5%
18
18%
*148%'
88
—
*29%
30%
*30
30%
*30
*48
53
•48
53
►48
56%
*8%
•
26%
56%
9%
9%
9%
9%
9%
8
8%
8%
8*/4
8
8
26%
27
27%
17
17%
16%
17%
26%
17 y8
*10%
11%
*10%
11 %
10%
10%
*10%
26 Va
26%
26%
26
26%
26%
38%
38%
38%
39%
38%
22%
22%
22%
22"%
*22%
22%
93%
93%
•
151%
*151
151%'
3%
*150%
94
*92
95
151
3%.
3%
39
39%
151%
3%
151
3%
10
19
11%
39%
*38%
*91
Mfg
.—
Glass
151%
3%
3%
3%
12%
12%
3%
3%
3%
3%
3%
3%
3%
3%
26%
26%
25%
26%
25%
26%
25%
26 y8
■
96-
2
,
52%
•
85% Apr
17% Feb
15
40
Feb
15
31% Apr
4'/8 Feb
17
1
Jan
Feb
4
20
Feb
X10% Feb
18
Jan
6
31
Jan
15
8% Jan
6
Feb;
39
2'
3%
26
25%
13
13
12%
*12%
13
Jan 13
15
Jan
6
37% Jan 26
2
Jan
2
3% Jan
15% Jan
142
Jan
3% Feb
13
8
18% Feb
13
5
148% Feb
15
132
28l/a Jan 15
46
Jan 22
30% Jan
29
17%
38
*108%
*7%
8%
108%
109%
*7%
108%
'.
2%
2%
39
8%
108 % 108%
2%
2%
8J/a
Mills
Corp
17
42
34
130%
131%
131%
„
■'
102
*98
18%
43
y4 Apr
5
100
89
Feb
50
12
10
6% Apr
17
4
7% Jan
2
9% Feb
5
8% Feb
30%
17.
79
4 YB
27%
48
14,700
Pan American Airways
8%
100
8%
4l/a Apr
16
Apr
9'A Apr
128
129
1%.
19 y«
*18%
1%
1%
28 %
28%
20
28 %
28%
16%
17%
*17%.
17 V*
■1,7 %
17% Feb
2
30
15
39% Feb
15
22%
23% Feb
2
13%
Jan
19
Oct
93% Feb
16
74
Apr
101
Jan
Jan
26
121
Apr
148% NOV
3% Feb
16
1
y4 Mar
152'
5
2
7
16
18%
128%
*127
128 »/a
600
6%
128%
*12.7
128%
800
1st preferred
*15
20
19%
2%
2%
2%
2%
2%
28%
34
*17
*17
17%
2%
2%
24%
24%
24%
24%
24%
59%
59%
59%
59%
59%
59%
59%
*59
84%
83%
83%
83%
84
83%
83%
*3%
2%
♦14%
17
■
V
*14%
■.
'
2%
40%
15
17
,4
15
-
18%
18%
49%
?
18%
50
*17%
18%
*18
49%
49%
50
*2%
2%
*2%
2%
2%
34%
34%
34%
34%
34%
50
:.
•18
*14%
2%
34%
34%
34%
33%
34%
34
34%
34%
35%
19%
19%
20
20%
24
24
24
*23 Va
b1/a
*5%.
;
7%
7%
7%
5%
5%
6
6%
25
5%
*23%
7%
7%
5%
2%
33
6%
5%
5%
5%
34%
35%
20%
20%
24%
7%
.7%*
*22%
■
•
24%
25%
24%
25%
43
43
42%
43
43
43
43
43
43
43
43
79%
79%
80
80
80%
80%
80%
79
79%
78%
*78%
18%
17%
17%
16%
76%
25%
17%
77%
*76%
76%
*106%
108
*107
113
*111%
113
8
82
25%
16%
76%
24%
17%
75%
25%
16%
76
112
113
113
*112%
113%
7%
8%
8%
82
46%
■
85
46%
46%
85
46
9
43
24,800
850
v.-'
330
78%
17
74%
*108
8
25%
,
16%
76
112
82
46%
24%
17%
75%
*108
113
*7%
*80
47%
25%
108
*111%
82
46%
46%
46%
.
108
8
*80
8%
*7%
*78%
V
17%
76
108
*111%
\
Pfeiffer
9,900
75%
*108
*111% 113%
*7%
"/V
85
46%
88
*80y8
21%
•98'/a
.-5%
*155
5%
•' 61%
5%
10%
46%
46%
*3%
-,4v'v';;
*170
6%
*62
65
28
29
*9%
67%
*65%
9%
32%
4,800
23
17%
*19%'
9%
166
*150
177
*170
177/'
5%
5%
5%
5
6y4
6y8
6%
5%
67%
*66
•67y2
170
19%
*123
"2%
32
32 y4,
23x/4
8%
9%
*156
19%
*22
24
32%
*31
32%
23
*21
23
17
19%
19%
6%
6%
6%
6 %
10,300
Poor & Co class B
■
19%
20%
19%
20%
10,100
Postal Teleg Inc
8»/4
11,300
Pressed Steel Car Co Inc
8'%
8%
8
8
29%
29%
29
29
55
54%
54%
54%
54%'
127
8%
*123
8%
127
"
13%
14
14
14'A
14
76%
77%
77%
78
77%
90
101%
90
90
102%
115%
115%
*116%
118%
31
31%
For
93
102
92%
102%
115
102
115%
117
*116%
118%
*117
31%
31%
.
footnotes
see
page
703.
1
31
"
15
79%
94
102%
117
14%
7 8'/a
93
15
14%
14%
79%
79%
80
93%
103%
103%
115%
115%
118%
*117
ii8y2
31%
31
3iy4
€2
103%
115%
*117
30%
16%
16%
*19
19%
Pittston Co.
600
A
160
Chss
40
1,900
■
200
7
17% Feb
16
13% Aug
17% Mar
5
2% Feb
10
/a Mar
1% Nov
-13% Jan
12
12
26% Jan
21
Jan
59% Feb
17
Jan
11
84% Feb 15
Jan
6
Jan
Jan
6
Jan
B
(The)
__l
•«.%», Or<»<»k
■
/
5
11
25%
Nov
18% Jan
12
16% July
23%
Jan
9
50
Feb
15
36
47%
2% Feb
16
4
6
18%
6
Jan
4
18
22% Jan
25
Jan
18
4
Jan 12
Jan
8
Jan
4
Jan
2
Jan 14
Jan 19
Feb 16
4
25% Feb
4
Jan
4
Feb
16
98
17
103
Jan
6
Feb
17
47% Feb
15
43
Jan 29
41% Jan 23
4
2
Jan 18
£3
103%
116
118%
31%
8
8
.
8
900
*28%-
29%
600
54%
54%
4,300
123
14%
80%
92%
123
14%
90
24,700
80 Va
2,210
93%
1,150
102%
103
400
115%
115%
220
*117
30%
118%
31
21,400
preferred—No par
T7V4Jan
•
—,.1
5% conv 1st preferred
;
-5
5%
conv
pfd
I ser of Feb 1 '29)
.
100
Pub Serv Corp of N J
No par
t$5 preferred
—No par
t6% preferred
!
100
preferred
100
8% preferred.
..100
Pub Ser El St Gas pfd $5—No par
-
Pullman Inc
—
-
No par
6%
6%
24%
48%:
119
11%
75 Vz
85%
96%
,
2d preferred
50
Procter St Gamble
—..—No par
5%
Jan
•
Jan
7
5
6
Jan 14
Jan
4
Jan
4
Jan 12
Jan
6
Jan 20
Jan
2
Jan
4
109 Va Jan 18
116 Yb Feb
4
26% Jan
2
Jan
80
Oct
46
Dec
3% Dec
65
Nov
19%
May
Oct
8
6
.
Nov
9
,
15% Jan
16
Jan
Dec
Dec
110
6% May
May*,
30
Apr
1% Feb
4% Jan 30
21% Jan
79
107% Mar
65
4% Jan 23
Jan
4
7% Jan
2
150l/a Jan
4,
1% Jan
8
29
Jan 30 (
.20
Jan 28
xl47/a
Jun
Feb
9
85
Jan
32% Jan
40 V2 Jan
76% Jan
Apr
May
55%
Dec
6
Dec
Jan
6%
28% Apr
49
Apr
7% Jun
18% Feb 15
8
66-
27%
Apr
Mar
22
1
16
113
Jan
51% Feb
29% Jan
82
•
7%
Apr
May
108
7
Jan 25
Jun
Dec
18
5
11
80% Feb
30
19% Jun
6% Feb
43 % Feb
Dec
2% Oct
36
.
7% Feb 11
.17
Jan
Apr
15% Mar
16
44% Jan
Jan
% Jan
*
35% Jan 29
27
„
104
Feb
6
.3
Jan
?
16
63
Feb
Apr
4% July
56% Dec
165
15
175
47/8 Sep
38% Oct
•6%
68
7% Apt
21
6% Feb
.
9
Jan
5% Feb
170
May
26 y2
16
10% Feb 15
No par
15
Aug
108%, Feb
9
80
18
May
May.
3
Jan
6
Feo 16
14'A Jan
Sep
Jan
Jan
15
Jan 14
■
4
2
44
Jun
Feb
102
No par
Pocahontas
32
64% Feb 10
.
Dec
Dec
Feb
,
»
60
82
26
4
8
^
Oct
Apr
May
109
18
.5'
29%
Dec
2
Jan
34%, Jan
,
29%
3
/ 9'/« Feb
4
170 <. Jan
9
175 • Jan 21
4
Jan
4
4% Jan ,13
597/8 Jan
5
24
Jan 13
,100
—
15
15% Feb 10
6
2% Jan
Apr
1% Apr
1% Jan
17
Feb
Jan
59
100
preierred..—
preferred—1—_
Plynjiouth Oil Co—
,
3% Feb
Jan
Jan
3% Feb
,
44
56 %
4% Jan 15
41-
4
18
102
»
1% Jan
19%
i
165
,
15
Jan
Jan
10% Nov
Feb
165
,
Feb
May
175
,
Feb
5% Jan
3%; Dec
4
May
6% Jan
47% Apr
62
Feb .15
20
Jun
33% Jan
72% Feb
1
58
Jun
70
9% Feb
2
150 Ys Jan
4
29
•
34
Jan
ey8 Jun
153
July
.
10%
153
Oct
Feb
Jan
July
5
Jan 11
30
•;
2J/a Jan
5
11% Jun
6% Feb
17
20% Feb
19
8% Feb
17
Jun
18%
Oct
3 %
May
5%
Jan
9x/a
11
14%
15 y2
17% Feb 17
19% Feb
■
"*8y4
*123
600
17
8%
127
9%
"2
Jan
Jan
70
-
*21
.
5
Pittsburgh Steel Co—.—-—u-No par
7% preferred class B—i——100
5% preferred class A
—100
5%% 1st ser conv pr pfd
-100
Pittsburgh & West Va:
—100
P»tt« Young A- A*h Ry 7%' pfd—100
*31
8%
♦123
9%
330
;
2
54%
127
65
*156
29%
8%
*62
"2%
2%
29%
54%
54%
9%
9'A
*2%
31%
*8
■
3,200
*66
67%
65
5
7% Feb 17
79y2 Jan
5
44
Jan 20
,3'% Jan 16
;
Pitts Screw & Bolt——No par
1,900
19%
,
•
Jan
15
109'/a Jan
—No par
—100.
—.No par
Pittsburgh Forgings Co——1
Pitts Ft Way St Chic Ry Co
100
7%. preferred—
100
7,700
28%
6%
,
'
,
28
6%
8'A
.
5%
6 :
28%
6%
8%
2,200
28
6
29%
,
260
*62
19%
8%
800
•
29
*19%
8%
1,400
i
65
*156
19%
,
166
*170
.
19%
29%
123
*65%
*150
177
*19'A
19%
123
28%
>
10%
17%
19%
54 %
10%
17%
19%
54
*62
800
38%
10%
17%
19%
38
ioy8
17%
6%
6
3%
62'A
23%
5%
38%
3%
..100
—
Pillsbury Flour Mills....—
—25
Pitts C C & St Louis Ry Co—...100
Pittsburgh Coal of Pa———100
6% preferred^—
—100
Pitts Coke & Iron Corp.—v.No par«
$5 conv preferred--No par •
400
>
62%
31%
19%
.
109
5%
~2%
5%
8
5%
4
*98%
1'
5%.
2%
5%
8%
38
.
100
;
series
Preferred ——————100
21
62%
17%
24
17%
*3%
.
85
62%
33
32%
23
.'
6
24
32%
29%
9%
*156
1%
2%
19 %
67%
•
9%
*156
2%
8%
6'A
63
9%
•156
8
6%
29
X67%
29%
5%
63
71%
*19%
5%
28
62
*77
>20%
166
-
5%
,
82
20%
.
*98% 109
'
■,
ioy8
*150'
177
•
50
•
63%
10
166
i,:-
20%
39 y4
♦5%
*170
6J/a
4
■■
38%
*150
5%
6%
6%
-
*62%
166
28%
*17
10%
6
176
71%
2%
10%
5%
,
2<%
*9%
64%
*150
177
.
39%
5%-
*63%
'4
*77
21%
109
*98%
•'
4
*3%
84
*20%
*170
166
*175
39%
5%
10.
10
10
4%
4
*80
,
'
64%
63
63
21
.*3%
109
4y«
40
39%
5%
.
63
86
21
*98%
4%
39%
39%
4»/e
*78
21%
109
4
4%
*3%
88
*80%
21
4%-
5%
4
109
21
*98%
*5%
4
4%
*3%
4% %
Phillips Jones Corp.
7% preferred..
Phillips Petroleum
Pnoenix Hosiery
1,300
90
■
i
Phelphs-Dodge Corp
t Philadelphia Co 6% preferred—50
$6 preferred
—No par
Philco Corp—..
——.3
Philip Morris & Co Ltd—i—
—10
Preferred 4y4% series..
.100
100
8%
*80
•
100
-
No par
25
...
1,300
110
17
1% Feb
29% Feb
6*A
5'/a
~ 23 %
37
68 '/a
13%
747/8
108 >
5
Brewing Co
Oct
2
23% Feb 10
Petroleum Corp of America
1,700
123% pet.
7
13y4 Jan
109
Feb
23'/a Jan
/
No par
—
7,100
6
'17% Oct
lJ/a Jan
1%
.23
57%
80
3y4
1%
33%
50
7%
:
Nov
16
—
200
24
7%
6%
14%
Dec
101
Mar
11% Apr
100 ya Apr
17% Jan 22
17% Jan 22
Pet Milk Co
1,410
Oct
38
27 Ye Jan
•
Jan
2,040
21
Dec
2%
10
19
1,100
35%
'... 6 :;
10
15
Feb
Jan
106%
Jan
Feb
Oct
8%
Sep
1
Feb
Feb
Jan
Feb
12,100
101
19
17%
46%
1%
28 Vs
5Y$
34
200
33%
*2%
,
10
132
-100
—
16
2% Feb
131
Peoples Drug Stores Inc..
.5
Peoples G L St C C (Chic)—100
fPeoria & Eastern Ry Co—100
Pepsi-Cola Co—
:
—.1
Pere Marquette Ry Co
——100
5% prior preferred
—100
6% preferred—
-100
500
900
34%
*22%
7%
6%
18%
49
18
*47%
.
5%
24%
7%
-
18%
49
20%
I
5% preferred—
Pennsylvania RR——
109 y2 Feb
.109
Jan 11
112% Jan 25
Co
V
17
90
-
Cement...
No par
$7 conv pref ser Ai—.—..No par
Penn G1 Sand Corp—...No par
26,600
Dec
28
Penn-Dixie
100
17
25%
25%
*2%
5%
3%:
*107
2%
19%
6 '
*15
17
26
*2%
35%
24
...
2%
5%
7%
1,700
49
19%
*5%
39%
*18
34%
,24
39%
18%
19%
.
40%
.
27
8% Feb
11% Apr
6% Dec
Jan
—.—No par
...
Oct
17
102
M~No par
Penn Coal Si Coke Corp.—.
—10
10,400
49%
35
5%
2%
49%
19%
*5%
3%
2%
25%.
34%
Penney (J C)
800
3%
3%
*107
26
Penick & Ford
700
2,900
3
26% Feb
2
9
20% Apr
Parmelee Transportation
No par
Patino Mines & Enterprises—.*10
2,800
59%
2%
*107
25%
25
Nov
Jan
l7/s Jan
5%
15
No par
.2.50
Parker Rust Proof Co..
600
2,100
*3%
40%
17 .y
*14%
J:';
26
—1
82%
82%
-
;
9
16
Feb
Jl,
40%
3JA
'
•25%
;
24%
3%
3
40%
*107
26
25%
25
*3%
3%
40%
*107%
25%
3%
*3%
3
41
2%
40
40%
*107,
.25%
3%
3%
3%
2%
39%
24%
;
.
Parke Davis St Co.—.
2%
*24%
59%
84
25
100
.;
Park Utah Consol Mines,
17
*16%
2%
.
called
13,700
28%
17 y8
2%,
2%
preferred——
Nov
Feb
100
Jan 22
15j/2 Jan 12
Park & Tilford Inc.——w
1%
28
28%
28%
1st
Nov
3% Feb
Jan
4
Jan
2
Jan 20
Jan 16
Jan
2
Jan
Nov
21
Apr
40
—.—100
12,500
19%
*16
1%
59%
83%
,
28%
\"
1%
83%:
24%
*59
'
1%
1%
18%
2
13
Oct
v
24 'A
Jan
.15% Apr
35% Jan 12
>
Paramount Pictures Inc———i.l
30,600
18%
128%
1%
17%
*2%
■
28%
preferred
*126%
18%
,
*18%
•>
1%
18%
conv
128Va
*127
287/s
A%
Jan
6% Oct
25% Oct
16 Ys Jan
9
2y2
23%
: 7y2
105V2
mJXo par
Paraffine Cos Inc.——
*97% 102
102
'
'"1%
600
128%
*127
128
*97%
11,000
2%
39
Dec
267/a Feb
;
Corp—5
Pan-Amer Petrol & Transp——_5
Panhandle East'n Pipe Line Co.100
Panhandle Prod St Ret
1
970
109
2%
*38
Dec1
Mar
-57%
33
Jan
4
19
Jan
2
91% Jan 25
Packard Motor Car..
25%
Juri
5
23xAJan
25
Pacific Western Oil Corp———^10
No par
3,300
72,000
Jan
.
17% Dec
143% Sep
Mar
6% Mar
,
Dec
6Va; Jan
Jan
2% Apr
11% Mar
10
27% Feb
59
18
6'AJan
par
3%
108%
2%
39 y4
Jan
12% Deo
Jan
2'% Jan
10
23 % Jan
5
14'A Jan 13
xloy4Feb
5
———No par
*7%
109
2%
*38
102
is1/*
128
1%
*15
19%
*15
2%
39%
18'A
130% 131
130% 131%
,
2%39%
Dec
Oct
,
10%
Jun
58% Jan 27,
—10
^
25%
8%
108%
109
2%
39%
*98
18"%
18%
18%
18%
130%
109
2%
103%
*98
103
*97%
*7%
8%
39/8
40
40
39%
8%
Dec
Mar
3%
Xl6% Apr
Feb
54% Jan
5
Feb
7% Feb
2
Teleg——100preferred—.:
100
148
Jan
Pacific Tin Consol'd Corp
;—1 .V 3% Jan
'
*7%
Jan
.110% Sep
.
7% Sep
Jan
11%
29 y2
3.%
69
.12.50
Co——
12%
.
Jan
8% Nov
r
12%
Jan
14
96
.
Jan
53
9% Dec
•!. 4J/a. Jan
100' < Apr
8
<
Apr'
113
x3V4 Jan 14
•
Pacific Telep &
13,200
3%
12%
3%
■;
20
Ltg
Pacific
1,900
151%
Jan
Sep
192
Jan
.116% Sep
11% Nov
6% Mar
15x/8 Jan 19
—No par
Co..
& Electric
Gas
Pacific
1,400
■
Coast
Pacific
•
21%
93%
,
36
•
—
100
6,100
39
21%
6
2
,
preferred——.
No par
2d preferred—No par
Pacific Finance Corp (Cal)——-10
500
16%
26%
26%
3%
3%
Feb
9% Feb
91% Jan
7% Jan
'107
Jan
v
1st
16%
151%
Apr
.—100
Pacific Amer Fisheries Inc—
Pacific
12%
3%
2,500
410
12%
3%
Owens-Illinois
470
22%
93%
*150%
151
Outlet Co—%
8
21%
93%
Apr
3
—No par /
m~No par
—
preferred————
Outboard Marin© St
20
4,800
9%
*11
11%
*91
6%
26
39%
22%
*93
Otis Elevator
.
8
26%
26%
39 y4
22'/a
*11
39
39
12% Feb
100
^
Oppenheim Collins—*
.
100
50
9%
17
16%
23%
20
52% Feb 15
2
—
8% preferred A
*25
26%
54
5
9x/a Jan
No par*
Oliver Farm Equip.
'—.No par
Omnibus Corp (The)————6 -;
10
56%
56%
57 y4
26
11%
26%
50
5
48% Jan
,
1,000
30%
*29%
9%
8%
*48
49x/a Jan
50
.
Mar
50
2%
o
5,800
—
*48
50
57%
26%
17
17%'
*16
30%
50
56%
9%
26
26%
■
30%
50
57%
'■
8%
8%
.
*30
30'A
5%
17'/4
*5
Xl7
*148y4
A-':"..
30%
108
15
Jan
.
iS Oct
•
Mar
11
12% Feb
Ohio Oil Co———
.
140
86
85
18
18
*148%
56%
9
,9
8%
*4%
5%
18%
57%
57%
57
5%
17%
*148
143
Feb
—No par
—50
—
■
35%
15
115
Norwich Pharmacal Co—-—-2.50
10%
14%;
173
7
2,000
39
*10%
,
5
10%
39
*35
*35
10%
5
Jan
2
Norwalk Tire & Rubber
10%
10%
..
Jan
9% Jan
3,000,
39
10%
Jan
113
Northern Pacific Ry
—
100
tNor States Pow $5 pfd——No par
Northwest Air Lines
—No par
Northwestern Telegraph
.—50-'
55,200
■,
112
2
162 Va Jan
Northern Central Ry Co—-j——50
10
9%
112
112 y2
'
—1
preferred series--—
preferred series—
5% %
North American Aviation
8,500
97 '/a
8%
8%
8%
6%
900
51
23
6
10
Norm American Co—.—.
100
53
*51%
ll7/8
16%
6%
Jan
29% Feb
500
29
*27%
38%
36%
■54
Jan
*16%
6%
Feb
23% Dec
%
•38%
36
109
15
30%
16 y4
6%
May
Feb
Jun
10%
35%
80
45
19
38 w
10%
Feb
.
27
14
16
*35
110
Jan
20% Jan
38%
10
/
105
Jan 22
part stk
—1
Noblitt-Sparks Indus Inc——5
fNorfolk & Western Ry—
100
Adjust 4% preferred—j
—100
17
39
Dec
19
39
10
Dec
23% Feb
16%
*35
100
80% Jan 30
7
Jan
8%
16%
.
N Y Shipbldg Corp
39
40
101
May
12% Apr
60 y2 Dec
5,100
16%
*39
50
4
.
16
Jan
23%
39%
39%
50
.
preferred™..
West Ry Co—...»
non-cum
19
23%
52%
*112
4y„
4
2
aAa
16%
4
10%
6% Jan
16% Jan
63'% Jan
% Jan
39
4
15
par
% Jan
)L7%
3%
7% Feb
No
.—No par
15%
19
40
3%
10% Jan
13
17%
3%
16
5
15
40
3%
19% Feb
No par
Oct
% Feb
17%
3%
14% Jan
N Y Lack &
1,140
42
17%
*40
Feb
12%
% Feb
52
'•
*95%
8%
51
Dec
2% Feb
12%
11%
112%
<
35
4
170
*51
98
.
8%
8%
•
16
4
114%-
.
*50%
52%
52 'v.
12
11%
112 Va
12%
53
*52
98
8%
*112
112V2
12%
169
114%
12%
12%
40% Jan
ft Jan
28
12%
31% Jan 27
1% Jan
28
12%
Feb
100
100
28%
12%
17%
6% preferred series A
N Y O Omnibus Corp—
Jun
100
28yt
114%
11% Jun
100
29
170%
11
2
tN Y Ontario & Western..,
29
170
13% Jan
■
%
.
23%
*114%
27
Jan
INYNH4 Hartford—
Conv
preferred—....
22%
169 Va
2
11
2,500
23%
114% .114%
32% Feb
6%
Feb
100
,
16,100
4,800
22%
169
13
I per thart
23% May
%
22%
114% 114%
loy2 Jan
I per thart
17
Feb
2%
22%
171
169
,
32
%
.
:
29%
*29
No par
I per thart
2
2%
%
%
22%
22%
New York Central
27 Va Jan
Iff
\h
2%
fs
i«
No par
'Lowest
N Y Chic & St. Louis Co
•
•
iV
f per thart
New York Air Brake—
Range for Previous
Year 1912
Highest
'
28 % Jan
ft Jan
'
%
Range Since January 1
Lowest
1
Highest
2%
42
44
76
*95
75
75.'.,
;
2%
2%.
2
*43 *A
7%
19
*17%
19
75
*95
'
7%
7%
*7%
*18
„
102
74%
102
:
7%
19
*i8%
75.
'
42%
42%
7%
19
*97%
103
Par
Sharet
$ per
30%
30"%
*
•
I per thart
31
30%
30%
Monday, February 22, 1943
Jan
5%
.
Jun
21
Jan
Sep
8!/a Jan
.8% Feb
15
8%
Jan
29 % Feb
13
22%
Jun
29%
Jan
55
Feb
16
42
Feb
52% Oct
123
Feb
13
115
Feb
15
Feb
16
80% Feb
19
94
6ya July
9%
62
14% Jan
86% Jan
X99% Jan
■73% Mar
Feb
16
17
Feb
8
116% Feb
5
31% Feb 15
20% July
118
Oct
Jun
Mar
103% Feb
:
122
vq% Mar
1U
Jan
99
Mar
123
Jan
111% Mar
116
Oct
28% Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4153
Volume 157
NEW YORK STOCK
LOW
I per
share
S
share
STOCKS
Wednesday
Feb. 16
Feb. 15
Feb, 13
I per
Tuesday
Monday
fjitiirdaT
RECORD
HIGH SALE PRICES
AND
Feb. 17
Friday
Feb.1H
I per
8ales
Feb, 19
/
Thursday
$ per share
per share
the Week
share
NEW
28,400
13%
14%
13%
13%
1374
13'A
106
*105%
106 »/2
*10574
106%
>105%
106%
*10574
106 %'
100
6 %
97
971/2
97%
97
97'%
*97%
9774
97 %
97 %'
800
5%
16%'' 16%
16%
16%
16%
16%
16%
16%
1674
16%
16
16 V4
12%
13%
13%
13%
13%
*1274
13%
*127a "
127/a
14%
13%
97
14
Range
■
"
Pure Oil
t
Year
1
Lowest
Highest
t per share
per share
f per share
—No par
-100
Jan
14
14% Feb
104% Feb
3
106% Jan
6
100
92 V8 Jan
2
97% Feb
16
—No par
(The)
preferred
preferred—
1374 Jan
2
17
Feb
.10
10V4 Jan
4
47s Jan
2
conv
Purity Bakeries—
3,600
Since January
Lowest
Par
97
13%
106%
*96i/t
Range for Previous
YORK STOCK
EXCHANGE
Shares
1374
S per
share
for
106
131/s
1051/s!
'
701
11
15
7
1942
Highest
S per share
Apr
11%
Dec
90 % May
106 %
Dec
9274
Dec
97a Mar
1474
Nov
8% Mar
1074
Oct
80 Va
Jun
10
13% Feb
14
Feb
15
2% Mar
Feb
13
46% Mar
5974
Dec
88
Apr
90
Dec
2
Apr
374
Q
*
13'A
'*•
.
♦1274
Quaker State Oil Ref Corp.
500
43%
R
'
7%
64
100
*86
100
24%
24%
24%
25
2574
2474
25%
3,400
13%
13'/8
13%
13%
13%
13%
13%
13 %
13 %
3,500
29
29%
29
15%
16
16
30
*29 Vs
30
29 Vs
29%
24%
25
25
26
.241/2 ; 24%
*29
•
3%
*3%
3%
72
*71
1
21%
*20%
22
♦15
2974
2974
15%
1574
29%
29%
2574
75
2174
22
25%
3 %;,
*21
100
75
21%
*21
22
*674
7%
*674
*15%
17%
1574
Real
Reis
50
'
7
SUk
1st pfd.
& Co
Reliance Mfg Co
Dec
2
5% Feb
16
7
67% Feb
13
34%
Jun
54'%
Dec
21
Jan
2
25% Feb
18
15%
Jan
22
Dec
11% Jan
7
13% Feb
17
774
Jun
12
Dec
26% Jan
6
30
Jan
28
23% July
26%
147a Jan
2
16% Feb
2
11 Va. Apr
1574 Nov
26%-Jan
20
18
23% May
2874
16
20
2374
Sep
374
Nov
30
Feb
22% Jan
22
3% Jan
14
.661/4 Jan
8
75
Jan
8
24
Feb
100
-
..No
Reliable Stores Corp
100
5
% Jan
100
—
(Robt)
64
5
;
700
>
4
54% Jan
100
-
Hosiery.
Preferred
50
1574
3
—
1,200
3%:
*70
7%
*15'%
25%;
*3%
73
■
17%
*7
7%
171/4
2574
3%
3%
1
:
-
800
;
Jan
4. —No par
preferred—.
conv
59
Raybestos Manhattan—,_ —No par
-1
Rayonier Inc———
25
$3 preferred
50
Reading Company
50
4% 1st preferred
——50
4% 2d preferred
2,600
30
6%
.
400
1574
73
22
7'4.
*15%
16
100
29 74'
*;72 V4
72
*20%
71/a
7%
7
16
72
70
*63
..No par
of Amer—.
1st preferred- ..No par
Radio-Keith-Orpheum
8,800
■
29%
26
*3'%
474
15%
29%
25%
3%
*3%
72%
*28%
•
474-
70
*29
16
*291/2
*65
29
15%
5
conv
$5 preferred B__.
*24%
*29
u.
£3.50
100
*86
25%
474
70
*67
*15%
7
100
70
15%
*14%
1,000
*86
5
29
.
Radio Corp
139.900
*63
474
5%
*15'/4
*20%
7%
63%
70
25
13%
72
7%
6374
5
24%
*3%
7%
6374
5
4%
*281/4
.
7%
63 34
64
*86
*67
67% '67%
13%
*63
100
:
24 %
774
7%
.
64
63%-
xl3%
5
4%
*
64
*86
100
*86
7%
7%
8
*63%
7%
7%
63%
26
Feb
37b Feb
May
10
1'
39
Jan
70
Dec
1
11
Apr
22
Dec
6
Dec
174
Jan
6
Jan
5
7% Feb
16
14% Jan
10
Feb
Nov
25
20
par
Dec
4
1574 Feb
19
20
13% Feb
16
7
Jan
1074 Mar
7%
Feb
16
Dec
13
Dec
'
131/s
13
13
12%
*75
77
77%
46%
46%
47
15%
771/4
674
7%
'
16
"99%
77%
76
7%
"7%
7%
7%
-
16%
991/4
*75%
98
96
96
68%
68%
68%
69
1574
77
774
774
•
1574
/ 7%
98
98
69%
6974
7%
6974
7%.
16,600
■'■•
*69
70
300
190
■
9%
91%
9%
9%
9'%
9%
974
9%
9%
9%
9%
9%
87 %
87%
87%
87%
87%
88'%
881%
88 %
88%
88%
88 '/a
8%
8 74
8%
8%
8%
8%
774
28%
2774
8
8
28 %
28%
28%
28%
281/a
28%
28
34%
34%
34%
34%
34%
34V4
2774
2874
*34%
8
34%
9
11%
11%
11%
6%
6%
6%
231/4
23
23%
13 %
13
131/4
46%
*44
*44
Sep
15
X94 '/a
Jun
Jan
19
774 Feb
15
5% Jan
6
13
64% Jan
7
—--
2874 Feb
15
—10
34% Feb
37
Jan
18
Richfield
—
Oil
Roan
2274
*21%
22%
22 V4
22V2
1,000
Ruberoid
13%
12
1274
5,300
45%
45%
32%
32%
3274
3274
12%
46
45%
45%
3274
*4474
290
32%
32%
3,100
(The)
s
*iJ
1
32%
32%
32%
32%
A3
}V.
m
as
A3
174
1%
11
a
.■
%
5%
5%
*4%
51/8
*4%
5 %
5%
8%
•8
9
*8
9
874
9
36%
36%
107%
36%
36%
108%
108
108
36%
108
3674
36%
5%
*5
6
240
9
*8
9
50
*8
3574
36%
1081/4
108
108 %
1%
A-i
/.
574
*8%
%
174
5%
174
.
15
3-r
1%
i"'%
1%
/
1%
.
32%
:
■
6,700
3574
10774
2,800
108
1,100
10%
10%
10%
U
10%
1074
1074
10%
1074
10%
10%
1074
5,400
23%
23 Vs
23
231%
23 Va
23%
2374
23V2
2374
2374
23 V4
243/a
9,700
*98%
99%
*98 %
99%
*981/2
99%
*98'%
991/4
*98 Va
9974
42'%
42%
42%
*41%
42%
*41
4274
*4174
4274
99
*98 Va
4174
*
*41%
115
110%
*113%
11174
*113%
115
♦111
114
115
115
*110%
*113
114
*110%
*110%
114
114
~
74
2 74
2ii
12
2%
>
•
%
2%
■■'
'■-
%
274
: 1914
1874
1874
274
274
274
274
6474
63%
6474
U
2%
274
>19
/V.
/;
1974
63%
12.700
1174
12 Va
8,000
Servel Inc
11%
111/2
2,700
Sharon Steel
61%
410
15,200
65 %
65%
65 3
64%
65%
64
12%
12%
12'%
12%
12%
12%
12 74
12%
12
121/4
11%
11%
11%
11%
117a
1174
117a
117a.
1174
61
61
61
61%
6IV2
61 %
62
6174
6174.
11%
*60%
734
7%
;y
20%
20%
3%
3%
3%
3%
19%
*1%
'*1%
1
*91
94
115
*112
94
20%
15%
15%
2%
3
*16%
17
•
12
17%
17%
37%
37%
*47
*25
17%
17%
37%
37%
3%
31%
41%
35%
3%
37
*46
3
3974
251%
32
■Y 3%
374
*3
3
3
3974
*38%
25Va
x241/2
25 %
31%
:317 a
34
*34
*58
59
4%
140%
330
23%.,
Oil
4174
35%
*109
*49%
35%
3474
10974
*109%
50
*48 '/a
113
*113
17%
1774
14,900
37%
5,500
~6
48
■
8,800
900
42
34
34%
34%
109% 109%
*109%
•;■■'
10974
50
113
!
*48
1%
1%
1%
1%
174
1%
4%
4
13
2
474
1%
-
41
59
*113%
1%
131/2
4%
474
5%
4
1,000
59
106%
13%
800
,
2474
40%
.)•
3%
3974
*24 V4
Y
42 '/a
35
6,300
34%
574
4%
2474
374
31%
107%
13%
*37%
50
41%
41
34%
10
18,000
770
2,400
110
20
50
200
*113%
100
5%
35,900
1067a
400
174
174
"574
10674
574
107
1%
19,100
Dec
Jan
~*_15
501/4
28,200
39%
3874
3974
3874
3874
1,700
8%
4%
5
15%
15%
2%
21/4
20
20
27%
*27
*5%
24%
For
7
25
footnotes
6,100
Stone
81/8
29,800
Studebaker Corp
52
52
i,7U0
*124
12«
70
2%
2%
2%
2'%
20%
20%
20V8
20 'A
27%
♦27
*27
27%
2774
7%
*6
8%
*6 Va
*5%
24%
see
2 V2
20
24%
25
page
703.
2474
24%
'
10
—5
1
Corp
Stokely Bros & Co Inc
&
-—No
Webster
(The)
par
1
No par
Sun Oil Co
2%
2%
2%
2%
2%
17,900
2074
19%
1974
19%
191/2
3,100
267a
2674
2674
26 74
400
cum)——100
100
Superheater Co (The)
No par
Superior Oil Corp
1
Superior Steel Corp
——100
Sutherland Paper Co
10
7%
100
Pwpots Cn
16
2774
9
25
16
6
24%
474
474
4%
5,800
16'/a
157'B
157a
3,200
6
2474
*5
24%
243/a
1
29
9
Apr
13% May
17
6% Mar
10%
Dec
Jan
27
1% Mar
274
Jun
Jan
3
V
,
15% Nov
17
Feb
17% Jan
26
14
Apr
15%
2374 Feb
15
17'/4
Jun
26'/4
122%
1474
Nov
9Vi
Apr
,
5,800
25/a
2%
33
2174
24 %
32%
57
3
35%
33
109
49
113
Jan
6
Jan
6
Jan
4
Jan 26
Jan
2
Jan 18
Jan
9
Jan
2
Jan
7
Jan
6
Jan 28
Feb 10
Feb 17
142
Apr
1
121/a May
23 74 Jun
Feb
9
34%
Jan
3% Feb
15
1%
Apr
3
38% Feb !
48
Jan
30
37% Jan
28
25% Feb
5
32% Feb
174 Nov
4
5
5
8
12
Class A pfd
(41/2 %
Sunshine Mining Co
of Amer
Swift & Co
(The)
12%
23
25
Jan
2
60% Jan 26
7'/a Jan 12
4% Jan
2
5% Jan
2
Oct
3
Aug
3%
Feb
15
Dec
59
July
17%
Apr
24 ;:
Nov
Dec
3174
2174
Jan
30
Sep
37
26
49
Mar
60
474 Feb
4274 Feb
16
2%
Sep
474
Jan
2
29%
Sep
45%
Jan
2774
Jun
3874
Jan
36% Feb 15
110% Jan 26
50
Feb
113
Feb
17
108
3
Feb
Dec
40%
Apr
■
A
17
4% Feb
15
15
% Apr
B'/a May
157a Feb
15
6
Apr
34
Feb
31
27
Mar
Jan
114
Feb
491%
Jan
113
Jan
5
Jan
110
Sep
13% Feb
Jan
%
Oct
2%
Oct
11%
Jan
13%
Jan
17
18
Mar
Feb
18
20
Apr
17
30%
Apr
47
Dec
40
Nov
34%
Jan
62
Dec
51/8
Jan
291% Dec
29
Dec
874 Nov
574 Feb
15
374 Mar
474
Jan
874 Feb
10
4
Apr
674
Nov
8% Feb
11
3%
Jan
61/4 Nov
6
48 % Jan
6
54
124
Jan
9
374 Jan
2
12% Jan
2
1% Jan
2
147s Jan 20
26% Jan
4
4% Feb
1
127
2
Nov
5974 Jan
55/a Jan
22% Jan
21%
35% Jan 25
2
2
Jan
14474 Jan
31
A—
16.800
15%
Jan
12% Feb
42
8
16
100
1674 Feb
6
574
15%
Nov
3OV4 Oct
17% Jan
4
Stewart-Warner
No par
L S
Sterling Drug Inc
4,600
7%
16
16
20% Jan
9Va Feb
2,500
87a
774
4%
113% Dec
63% Jan
63%
5V4
4%
July
15% July
22%
774
474
Apr
108
2
15
(The)
8
47a
-65
11
Feb
Feb
Starrett Co
5%
4%
2
16% Jan 11
15
Jan
2174
Apr
Dec
774
52%
2% Jan
6
Jan
7 99
113
19
2
4
2
25'/4
774
126
2
Jan
Jan
Jan
Jan
Jan
Dec
4
15
13
5%
52
11
Jan
174
Feb
39% Feb
7%
*124
27
Dec
3574 Feb
26
4
8%
52
74 Apr
2074 Aug
1974 Apr
4
2
37 Va Jan
574
126
18
Jan
25
8
51 %
174 Feb
Aug
17
Standard Oil of Ohio
8
*124
1174 May
2
57 a
51 Va
15
46Va Jan
774
124%
.1974 Feb
25
5%
7%
2
Standard Oil of New Jersey
8
51%
Jan
Jan
5074 Feb
5%
5
4%
500
prior preferred
Oil of Calif-
7%
124
Dec
474
28 Va Jan
491/4
51
18%
25
prior preferred.—No par
50%
126%
Apr
2'/4 Jun
No par
No par
No par
$4 preferred
50
50%
35
10%
A Jan
1% Jan
9
Jan
10% Jan
287s Jan
507a
*124%
30% May
5
-No par
501%
8'%
18
15
Jan
Jan
Dec
Nov
774 Nov
19
Standard Gas & El Co.
501/2
50 %
Feb
974
Nov
2074 Feb
r 35
891/4 May
50
124%
66
Apr
18
50%
8
Apr
4% Mar
11
50
50%
5474
5
Feb
50
124%
474
16
Feb
49%
,
77
19
Feb
6
Standard
8%
974 Feb
3% Feb
28% Jan
111
19
15 %
16%
10%
62%
774 Feb
70
17% Jan. 14
2%
16 Vb
17a
21
Feb
107
Standard Oil of Indiana
5%
8% Jan 20
6474 Jan
7
574 Jan
8
31 % Jan
4
43% May
15
7
15,000
8
374 Mar
60
'
2
31.500
8
Dec
4% Jan
30%
5%
17%
Dec
1007a Jan
33%
8 %
Apr
174
par
30%
5%
101/2.
10
No par
3274
5%
15
2% Feb
Dec
No
31
7%
Sep
19% Feb
Dec
52
Brands
34
8%
1 Va
$4.50 preferred—
Standard
307a
63
Dec
109% Aug
274 Apr
33%
874
%
17
—No par
Spear & Co
—1
$5.50 preferred
Y———No par
Spencer Kellogg & Sons—No par
Sperry Corp (The)
———1
Spicer Mfg Co
No par
$3 conv preferred A
No par
Spiegel Inc
—
2
Conv $4.50 preferred
No par
Square D Co——1
5% conv preferred
—100
Squibb (E R) & Sons
No par
$5 pref series A
No par
15%
63%
17
62
Sparks Withington.
3074
874
274 Feb
Jan
ft Feb
Feb
34
63%
113%
Jun
501/2 Mar
15
8 74
Jan
%
39
30%
6374
1061/2
17
12
3374
8%
13
IS Feb
42% Jan
5%
15%
63%
116
Jan
30%
874
I091/2 Aug
111% Feb
2
4
8
Oct
Dec
16
Nov
33%
63'%
Feb
39
1874
15
8%
115
Apr
12'/a
30
63
25Va
18%
33 %
91/8
1
Jun
15%
63%
Feb
98
10
30%
8%
43
May
1
33%
63%
78
2
30
9
2
2
9
15%
62%
Dec
991/2 Feb
15% Jan
35% Jan
32%
9
Jan
2174
4
.
15%
62%
19Va
Apr
Jan
No par
30
28
Dec
12%
54
Gas Co——7.50
33'A
*2674
x93/a
19
Ry__—————-No par
preferred
—100
Natural
15%
28
2
2474 Feb
Nov
—,
California
cum
*2674
Jan
11% Feb
11 %
Greyhound Lines———5
cum
27
110
10%
Southern
$7
27
Jun
104
18
J 6
26%
18
18% Feb
5,000
39
108% Jan
Sep
1774 Feb
2,200
26%
Jan
1274 Feb
27,100
39
44
Jan
Southern Pacific Co
374
27
Apr
29%
18
14%
39%
1
17
12%
26%
Feb
Feb
374
39
Sep
37
774
23% Feb
14%
26%
10
21'/a Jan
2
1074 Jan 13
15% Jan
7
12V4
39%
Jan
Apr
—:
—
29%
39%
Jan
5
474
No par
32%
*26
2
17
8
——
1474
39
17
Feb
Edison——25
8%
13
374
59% Jan
10% Jan
Sep
574 Feb
9
20% Jan
2
132
Jan 15
12%
3%
9
7
7
2
12
15
9
26
23
2
6
10
Corp
Jan
7% Jan
35
Jan
105% Jan
10'/a Jan
193/4 Jan
96
Jan
38
Jan
113Va Jan
107% Jan
A Jan
% Jan
16% Jan
2
Jan
Sugar—No par
preferred
—100
13
4%
4
iV Nov
1%
—No par
I414
-
Jan
May
15
So Porto Rico
Southern
*3
3%
3974
Jan
'/a
117a Feb
preferred
4,700
3%
»a
17
1274 Feb
Sloss Sheffield Steel & Iron——100
4,100
3074
5%
5%
6
374
17
174 Feb
65% Feb
Pen Co
No par
————15
Skelly Oil Co—
40,900
*46
Jan
17
% Feb
2
16
7
Petroleum
17%
3674
3774
48
3474
32 74 Feb
6
12
13
Coalition Mines——5
Simmons Co
——.——No par
S'eastern
23
2
Jan
Jan
Silver King
1274
4%
4V4
42 %
4
V
(W A)
Smith (A O)
Nov
9
(Frank G)—
Union
Nov
47%
No par
————1
No par
Shell
Dec
1374
34V4 May
% Jan
-No par
Co
No par
No par
121/4
1774
&
Shattuck
Sheaffer
21%
May
11
13% Feb
46
Jan
28'% Jan
100
Sharpe & Dohme
$3.50 conv pref ser A.
I6V2
/
par
—No par
$5 conv preferred
Southern
2374
*58
♦10674
13%
Feb
7
Jan
11% Jan
43
Mobile & Ohio stk tr ctfs—100
2,700
*33%
107%
3%
■
500
59
*106%
13%
140
-
;,
32
107%
3%
v,rj:
274?;
34%
*58
*1061/2
13%
16
2
South Am Gold & Platinum——1
1,200
33%
34%
59
4%
5%
15
6,200
1,000
■
3074
34
361/8
*37%
;
107%
6
231/2 Feb
—.No par
——10
Smith & Cor Type v t c
No par
Snider Packing Corp—
—No par
Socony Vacuum Oil Co Inc——15
■
-
23
23
17 74
*106%
5%
142
20%
17%
*17
23
1274
48
374
41%
*113%
*113
31%
50
50
50
;,i7%
12'4
38
37%
274
23%
17 Va
1774
*46
4%
109%
*109
109%
y
42 %
4%
35%
17
.
*58
58
42
41%
35%
*48%
■*247a
34%
58
3%
*37%
32%
*33%
4%
*109
„
3
■
20% Jan
1
'
40%
25
48'/a
•
274
16%
12%
17%
12
23%
23%
1674
25
59
4
*140
12%
3
*37%
2274
; 142
142
274
*17
.
23V4
23
31%
*58
17%
16%
34%
30%
*33
•;V
3
27a
2274
142
Nov
43,900
1174
xll%
12%
*
■
,
20'4
700
16%
il 74
21
■
$6
17 Va¬
17%
23
Jan
Nov
6%
Simonds Saw & Steel
60
r
16%;
12%
3
25%
,/
9
974
Corp—
Sinims
7
177a
2274
*47
88
88
*112
16 %
16%
48'/2
90
Sears Roebuck
200
2,400
17
12 Va
3%
3%
3Va
40%
90
34V2'
34%
17
11%
12
Apr
—-—.—5
Corp—
300
161/4
22%
38%
.
35
;
174'
24%-
*2374
16
18
fcv 37%
48%
34%
6,600
'
17
17%
.
*174 ;■.
1%
24%.
16,400
374
19
18%
*112
12%
17%
3%
*140
174
22%
16%
'
22%
1974
24%
9274
3 % ■7
17
17%
23%
22%
/
8,600
16
16
17
142
;
50
20%
*20%
15%
171/4
17
35%
21
21
*17%
11%
1,200
1974
37a-
19%
3574
*90
21 %
17%
374
*112
:
21 «/4
2%
2274
*2%
931/2
_
274
16%
600
7%
*34i/a
20%
V'2
1
351%
21
2%
11%
*37%
351%
3
22%
*47
35%
11%
*140
142
*139
974
69%
7%
35
25%
■♦174
12
:: 23%
9%
69'/4
7%
35
1974
,
7%
20
>.
3%;
*24%
91
;
1%
16
17
Y
23%
22%
19%
11%
11%
69
y;
"2074
Y- 3%
17%
:::,
*17
11%
3%
25%
*112
16
17%
34
19%
19
\.
21
20%
*17
7%
34
♦1%
35%
*91
*112
974
69
/
7'A
20%
25%
1%
35
34%
34V2
734
20%
'•>'< 3%.
26
*25%
•26
9%
9%
71
*69
:v
35
20
19%
19%
1%.
18%
*25%
7%
>*34
34
20%
•
*61
*'
/y 20%
yv;
'
9%
9%
70
70
7%
7%
34
34
*32%
71
♦69
69
9%
9%
9%
9%
9%
69
4
:
Jan
Jan
—.
62%
64%
2%
54
Apr
—100
Seaboard Oil Co of Del
274
19
preferred
Seagrave
*2%
Oct
Jan
Nov
3174
27%
374
No par
$4 preferred
;
No par
tSeaboard Air Line—-—No par
1,100
18%
2%
Jan
Apr
674
preferred
4,300
<
19%
X20
674
preferred
4-2 %
574
16
..100
Safeway Stores
—No par
5% preferred
—100
Savage Arms Corp.
■„
—5
Schenley Distillers Corp
—„
5
5 % % preferred
——100
Scott Paper Co
No par
10,500
8574
16
—100
preferred
$4.50
874 Jan
Apr
374 Mar
:.
274
19
19%
*2%
•
20
47,300
274
2'/2
2%
19 "4
-■
74'
%
.-
2%
19
%
'
'
274
7/4
2%
70
114
*110%
74
74
600
115
115
114
114
115
4174
Jan
15
JSt Louis Southwestern—
5 %
Oct
74
9 >/4 Feb
Joseph Lead
10
}St Louis-San Francisco-——100
6%
Jan
774
12974 Mar
674 Feb
St
11,500
/<'
35%
108 %
108
3674
%
174
■
Jan
86%
11% Feb
9
par
Corp
preferred
—No
$2.50 conv
19
100% Mar
Jan
No
Mfg
Antelope Copper Mines
Co
Dec
5% Jan
Rustless Iron & Steel
13
71/2 Jan
Dec
Nov
574
—
.No par
Corp
Dental
7574
71%
49
.No par
300
2,800
Ritter
May
6% May
15
251/4 Jan
6%
46
974 Feb
17
11%
127a
54
17
6%
46
18
8% Feb
*10%
13
78% July
88% Feb
Common
Jun
18
Jan
6%
23
4V4
Feb
5% Jan
—
Dec
69 34 Feb
71/4 Jan
80
preferred——100
conv
1074
5,300
98
70
Reynolds Spring
1
Reynolds (R J) Tob class B—10
6%
8%
2
85% Jan
874
9
Jan
..—100
—100
_No par
1074
12%
46%
1374
9974 Feb
76
preferred
5%% preferredReynolds Metals Co
90
874:
17
6
1%
5%%
Jan
Jun
4
6%
*11
*22%
•
34%
*34
710,100
16% Feb
Mar
V»
25/4
951/3 Jan
9%
6%
13%
2774
38
731/2 Jan
.
Revere Copper & Brass——No par
100
3,900
x55
16
18
.—No par
100
preferred
conv
conv
22%
♦10%
6%
23
3.100
8
14
15
Feb
67a Feb
V4 May
prior pfd ser A—100
6%
6%
:
1174
874
8%
11%
*6%
9
34%
48
2
6'%
9
9%
*10%
8%
*34
■
100
98
87%
7%
77% Feb
4
4% Jan
"
97%
•
320
4
42 % Jan
—
Republic Steel Corp—
26,600
'
77
69% Jan
100
Reo Motors v t c__
6,300
99
*75%
97%
69'%
1574
99
16%
9974
*75%'
Jan
—.1
Rensselaer & Sara RR Co..
670
6%
12
Preferred with warrants. .—25
500
48
6%
1
Remington-Rand
5,400
79%
47 %
674
*99
76
774
•
*75
6%
■99%
*96
97
681/2
V2
96
76%
48
13
13
4774
'
.
6%
16%
15%
99
16%
99%
99
77V4
*92
*66
15%
99%
*75V4
15%
99
•TS'/t.
48
6%
13%
76
79%
47
6%
6%
1274
13%
*76%
48
47%
6%
6'/a
6
5%
79 %
*76%
77%
*45%
13
131%
13
Jan
26
Jan
4
5% Feb
1
16 Vb Feb
5
2% Feb
16
2074 Feb
15
277a Jan
43
Apr
11674
Apr
374 May
11% May
55%
128
Jan
Dec
574
Jan
1574
Jan
Apr
174
Jan
16%
Dec
21
974 May
1774 Feb
2674
Dec
3 74 May
6
Feb
18
25
Feb
10
1
20
Sep
4% Aug
25
Jan
1
f
thai 4
ver
Feb. 11
t
share
per
per
Feb. 18
share
* per
share
Friday
f
,,.
1
share
per
Sales
Feb. 19
Thursday
Wednesday
Feb. 16
Range
STOCKS.
PRICES
Tuesday
-
Feb. 15
Feb, U
HIGH SALE
AND
LOW
Monday
tatnrdsr
Monday,- February 22; 1943
& FINANCIAL CHRONICLE
'THE COMMERCIAL
NEW YORK STOCK
the Week
for
;
'
Shares
per
Range
;
'.EXCHANGE
»•.
:
i ' '
•
t per
/,' Far
'
6'4
6'4
•:
■
"
*38
*
6 7
4'4
a
.
4'%
4%
10%
45 Vb
x4%
.
29%
30
3,500
23%
23 %
23%
6
6%
57a
5ta
5%
.574
'
8%
-
*6
6
6
*38
*4
474
4%
40
10%
10
45%
45%
'
9%
9%
*7%
9%
-
.
*7%
•'774
*381%
'
•
27a
,
55
2 Va
•
*274
'
35 '
35
35
35"
35 74
35
*•
4 %
4*4
8%
27 7
♦26%
'
43%
*26*4
4 74
•
,
874
*8'.a
8 Va
26'%
26%,
200
977%
11%
11%
12
97%
98
97%
29%
"
29%
30
44
4374
44 %
30 Vb
■
44'%
-
44%
7
7
■
13%
13%
3'%
314
3 Vb
3
•
'
7
-'
15%
15%
147 a
500
15 Va
29%
1474
2874
'
"
'•
6'
6%
70%
774
',4
46%
46»/a
47
9%
9%
9%
77
,:•■
8
6
774
47 '4
'
8
6%
7174
7%
48
774
-
70
VZ
'
6%
■"
conv-
28
7%: Jan
15
5
7%?"
"V7%
,
*
70 Va
'
340
3 VB Feb
5
6:
Jan
7
5*4 Feb
35 */4 Feb
15
53% Jan 25
94% Jan
2,000:
Coach .Cos-
,MaiDec
Apr
4%
Jan
Jan
34%
Feb
2'4 July
3%
Sep
23
; 5 '4: Jun
9%
Dec
17% July
27'%
Jan
3 %!
30 '
15'
19
Jl Mar
1 V%
Nov
Feb ,19
8'4
Jan
1574
Nov
Feb
17
8
Jun
10%
Feb
98
Feb
2
85
Mar
97
Dec
30*4 Feb
18
22
May
34 %
Jan
44% Feb
*
20
,
,
17
.31% May.
7V« Feb 18
' 4'
•
,/4
43%
Jan
Jan
6Va
1
Dec
'
•
4"
27
16% Jan
11*4 Jan V 5
14% Jan
11
3'% Feb
15
; 15'4 Jan
TVs Jan
8
7%'May
8%
Z',18'4
Jan
6'% Jan
11
Jan
56'%
127« Jan
25
par
.
5
U
Under
7%
Jan
19'4
Jan
21*4
16
i
Jan
,.1%
Jan
73
».
■7V« Aug
11 Va Jun
-
,
6% Feb ,17
■l
30,
Jail
,
8 % Feb
7
.16
Feb
I?
Oct
26%
;
6
•'
Nov
Nov
78%
;
5 Va May
«
NOV
Nov
71,
Jun
Feb
*
29% Feb 16
5-
Jan
.11
2 Va
•
Jun
5'%
21"
Jun
.15% Feb 10
;
7
,
6*4 Jan
67
11%
.
7
-^Jun
4% Jan
-
15
7% Feb
4
22'
Dec
12% Mar
•'
% Mar
13
Feb
80
6
Jan
69
1
.
i—————_i
2
3
52%
2% Feb
2>
.
6%Jan
pi'eferred--__V--100,,
.
Twin
Jun
12 '
4
40% Jan
Corp^%J_--!_—;V_T1
-No
42
3 Jan
41
'
12
-
Oct
Jan
21
,
Jan
9% Jan
28'% Jan
Dec
24 Va
4% Jan .21
Jan
,
Oct
Dee,
'9*4
2 Va May
10
5
8'4
Apr
Sep
34%' Nov
,23
Jan
Jan
-
.
1 Va Jan
City Rapid Tran—,1—No purr
;7,'c
.
5,000
.
38%
5
Jan-
16
AxlellJ^—/
10*
-rNo par
$1,50 preferred-I—V.j—
Twin
4'%
29
'
(
8%
May
7% Feb
.
Pox Pilnt Corp.——/Va par
?0th C.en
1,200 '" '
Nov
'
81% Jan
.3
10
$6 preferred---—-J-——--No par
3%
37 Va
5
21% Jan
33*4 Jan
preferred——_No par
Detroit
Apr
J Apr
,28
/
7
2% Jan " 8
Corp —i-V—No par
Tru'scOii Steel Co_———10
5,600'
.
15
7
par
par
Dec
12
35 "
par
No
42'4
6*4 Jan
"Truax-Traer
V 11,000
14%'
Co_—1
Apr
2
16
9% Jan
,Y
.
4,600
29
*28'%
5
Nov
35
Apr
30
17"
Feb
10 V Feb
40'
13'
7% J a it
'
'
8 74;
a
6%
72
72
■
71'4
6%
6*4
•674
72
71
,
■
4% Feb
2
3 Va Jan
27% Jan
Tri^Contjueinal
:
12
14%
1 574
287/«
15%
2874
.
'
7 '/a'
*11
230
,
"
774
12
*11
■
*28%
15%
28%
70
■
12
*11
2974
77a
*7:%
12
*11
12
6
72'%
*
774
18
5% Nov
Apr
,
-
17% Jan
rapsaprerica"- Gorp—
—2
ranscohtT&West" Air, rric_'_'—__*r5
Transup"^ WilMams St'lV-l'—'No par
30,700 ;
80
80
"80
"■""714 '
774
7
45% Feb
8% Jail
Timken
1,100.'
»
3
"'314;,'
274
80
80
80
.7'%
7-
.
15'%.
.
6
574
714
29
15%
29 74
70'%
13*4
3'% T
3
3'%
81
*80
82
*11
29
15%'
13
K'
12
*11
15%
133a
13
3
■
16 74
*1274
16*4
13
"
67/a
67a
"16'4
16
13%
Jail
2
26 % Feb
t$4.50
9,500
7%
16
*12%
7%
7%
774'.
7%
7%.
..
9%
36'% Jan
"8% Jan
3.400,;, Jimken,.Roller Bearing—.
\
r
7'% May
4
$3,50 cum preferred 1Z_>-—ZNfTide WaTer Associated Oil—
5.9U0:
43
2
:,Z„_2S
840
30
Oct
10% Feb
41%. Jan
—10
(J Ri
Thompson-"Starrett
,
20,700 ''
■
4
8
25:
Thompson Prods IilC——No par
'
*80
80
79%
'
7'%
16
16 V#
13%
;
7%
714
1674
16%
a
*
2974
V-,'
44
11%
4,700
98
42%
3074
2974
x43'%
■
11'4
V
98
•
l'/a Mar
52
Avenue Trahsit Corp.-No
Thompson
;
22,100'
,
'
'
97'%
,11%
1114
97%
30
7
*12 7
2%
21
19%
20
19 74
'
*1674
2%
2%
214
2%
20
4
32
15
—1
diy coriv. preferred—.:
Third
,
300
26%
11,%
-
$3
■
2,900 :
*8%
973/(t
11%
43 Va
-
3 Va
26%
2
1874
29V#
43%
374
10
11
4*4 Feb
—100
'/
Jan
6.V2 Feb
39'% Feb
2———..No par
Co_ViiL'i_i—
Thennoid
290
2714
*26%
•
18'%
1 ,'V.
35%
'
1874
preferred-
The- Pair—
3.200
,
*34»%
'
conv
\ Pi eferred
874
*8%
2
2
174
1874
97%
29'4
■
27*%
,
11'%"
;
98
2978,
8%
27 74
18
11%
97 %
8%
1%
174
18%
11 '4
8-74
*26%
a
*1%
♦17%
4 74
834
:
4%
*8%
4%
*37%
4
4
;
$3.60
400
.
5
474
35
34%
*34%: .33%
■
'
100'
55
*53 74
5'/a
5
5'%
574
5 74
5
,3*4
Thatcher Mfg1 Co__——
Dec
8% Jan
_10Q
..No par
—No par
Texas & Pacific Ry Co—
•
Nov
5*4
9
Pacific Land Trust—:
'Texas
r
900'
'
38
*2%
3%
55
*53 Va
55
*53
55
7%
38
,
1,700
.
25%
2'
'
6,400
'
17
13Va Aug
3% Aug
Jan
3
Texgs Pacific Coal & Oil——10
4,100
,
—„_
share
29 '4
Jan'
35'
/Texas Gulf Produc'g Co J——No par
Texas Gulf-Sulphur—
-No. par
,
6,100''
7%
19%'
7%
'
*53
5 Vb
5 '/a
5%
5
,
3 Vb
374
3*4
*3
2%
55
*53
;
,
'
Corp;.—;
2
.
5% Jan
9'
-——50
_5
5
—23
Corp;———
(The)
Texas Co
.
9,200
-
9%"
19
38
*37
39
*38'%
39%
'
27 a
*53
9%'
7%
.'
7%
7%
7Va
7%
1,900
4% Jan
Feb
6
Highest
-
# per
19'4. Mar
•
.
Previous
19(2
1
>
share
per
30
18,700
4%
9%
26*4 Jan
5*%'4partic preferred
38 V«
•7%
8
10*4
4%
19
22% Feb
Tennessee
38%
19
15
Telautograph
4%
7%
8
19 74
30% Jan
Talcott Inc (James)
200
39%
9%
9%
774
19
19%
7%
39
9%
■<
8
*19
77%
*38'%
39
*38%
20
7TH
9%
8
874
7%
197 a
8
9%
10
77a
19%
•
"19%
8
45%
44'%
f
per snare
Jan
1,800
4 Va
Lowest.
29
41'% '
*10
45%
9,900
6%
„
74
4%
39%
39 %
4
38%
4%-
A 74
434
40
,
*38
•'
4'/«
10
1074
•
*6
1
41'%
414
■4514
10%
45 74
,
6%
,
*38
41%
4'4
*4
10%
39%
5%
.
•
t
share
lor
Year
I
Highest'
Swift International Ltd—
3,800-
44 %
♦
4%
39'4
.
39'%
39 '4
4
10*%
44 34
30
2314
41%
*38
4'4
44%
10%
10%
44 3
30
24
*5V«
•
41'%
4'4
30 '4
24
,5.%
6%
b
♦38
41%
*4
57 a
5%
5%
5%
24 3,4
24
29%
2 4 74-
30
24 Vb
24%
24'«
30%
-7
'
SylVania Elec Prod's Inc
No parSymingtonrGouldCorp— ——1
/
30 V4
30
30
29%
Since January
Lowest
7%
.
Nov
Nov/
u
46
♦113%
111 %
17 5
17%
9%
10%
47
„
81%
80%
*113rru
115
111%
*110%
111%'
115
*113%
115
*113%
*110'4
111
*110*4
111
*11014 111
17%
>4
•
18
.86%
85
84%
84%
26 '%
26'/2
*26%
27
26%
26%;
20 Va
30 Va
30%
30%
30
30%
85%
86%
85%
86VaV
84*4
84%
84%
27
26%
26%
*26'%
27
V
30%
30
30%
29%
30
■
•
•
96'/•»
96 '4.
96%
96%
*94%
96%:
96%
96%
19%
19%
19 Va
19 VB
19%
19 'A
19%
17
17
16 %
17
17'4
17 'A
*16%
1U
111
111 I
1%
1 %
1 Va
20 %
20%
20%
81/2
8%
8
V2
8%
8%
5%
5%
5%
5 %
5 Va
1
28%
28%
29
28%
67%
68%
67
6%
6%
107%
107%
.
19%
,
4%
7%
71/2
7%
8
12% 1
"
63%
62 Va-
63%
*40
41
*40
7%
7%'
7%
7%'
;
714
*175%
31'4
33 %
4%
4%
4%
15 Va
15%
15%
34
34%
4%
*
35
34%
29*4
106 3
4
*65'%
51'4
51%
51 V«
114%
115»%
115%
2%
1*4
29*4
r
106*4
15'%
1*4
30*4
106%
x51
51%
25
"47*%
15%
64*4
*63
15%
63
2*% '
1*4
1%
63%
*15*4
16
175
'173
175
1*4
16
2'a
'
16
1,500
•
6,900t
'
200
V
•
600.
220
6334
156
—
175
•
=
Z—
u
u
42%
18
18 74
18%
7%
10%
4114
19'A
10%
1074
10%
2974
29 74
*29
117%
*116
117%
*116
Va
n
42
*41,
18
%
10%
*28
30
*1151/4
%
%
41%
41%
18%
18%
.
10%
297«
44
*42
43%
*41%
43
♦50
54 74
*48
56
*51
54
*57
65
26 7a
26 %
2614
47%
47
*11714
117%
118'%
•
2614
474
4
47 a
*4
47
*53%
57
57
48
*26
37«
47 %
117 74
*117
19%
1114
29
65
2614
117%
*42
*48
2 6'/a
62
26%
4
47%
48
117
*115%
117%.
;.
200
.No
26 »4
25%
3%
47
117
116%
227«
22'A
22%
30
3114
31%
327
32
32
32
92
92
a
*53'%
*25
4
,
48
116'%
10
62
400
26
3%
47'%
»4
"
4%
9,400
49'2
...No
—
—
-No
preferred
a% -
Universal Pictures.
22%
32'4
32%
32%
32%
31%
31%
31%
31%
*90
.95
*91
95
*130
140
'130
140
*22
22%
*91
140
3,200
.
95
*130
El &
>
1,100
*130
,
—
8'a
22 34
23
23 74
29 3a
29%
29
8%
23%
29'%
8
7%
7%
8 1
'
3
40'
'
7,300
8%
23%
24%
24%
24%
23%
24%,
29*4
29%
29 %
30%
30
303f
874
8%
23%
23'%
28 %
29 *4
8%
25
.-—-100
,
Preferred
20
8%
8%
a
—25
Virginian Ry Co
8 4 preferred—
Vulcan Detinnlng Co
•
*130
34%; Feb
4V, Jan
6
Jan
16
Jan
13,
—1—,_Z-100
—1
No par
Vultee Aircraft Inc
$1.25
6,700
4
'12
19
J
'
> n
'21
99
Jan
.22
May,
i 36
Feb
19
26 7«
15
Feb
18
20
Jan
2
4': 3774
5
8;
Jan
4
57
13
68
47'% Jan
2
/
Jan
4
1% Jan
' 3
f
'1i
'
44
;
Jan
13
14% Jan
23
16
39% Mar
"VMav
*'•
%
Jan
55%
Jan
119%
,
Jan
24
Jan
46%
Jan
V/b
Oct
1
Oct
34% May '
Dec
12
16
60'%
15%
Nov
.
July
41
May '
Jan
12
156
Feb
19-
142'
Apr
152'%
Dec
20
176
Feb
10
147
Apr,1
169
Dec
150
;
,
64% Feb* 9
15,
5
•% Jan
U Feb
I
%
2
Feb
1
15% Jan
4
19% Feb
17
14'4
87« Jan
7
11V, Feb
17
7*4
25% Jan
11
30
Jan
11
117
Jan
21
7
43
Jan
4
30
51
Jan
41
51
Jan
57
15
24
Jan
:
4
Jan .22
2
55
15
11
Jan
5
116
Jan
15
117*4 Jan
7
20% Jan
14
25 "2 Jan
32% Feb .18
27
Jan
14
Jan
2
32
Feb
80
Jan
8
96
1
Jan
26
139
133
Jan
5
24% Jan
4
■
Feb
16
8% Feb
6
Jan
7
Dec
116*4 July
42
Dec
July
55
Jan
Sep
.
22 %
60
Nov
25 Va
Jan
Jan
27a
Oct
Jan
40V»
Oct
117'4
Dec
Jan
21'%
Nov
24
Apr
31%
Jan
26
May
29% Oct
70
Jun
96 Va Mar
14,
Feb ,15
11
Jan
26
110% May
25
29*4
Jan
11'% Mar
18% May
49% Feb .19
39
Dec
207#
May
,50
57% Feb
'% Sep
34'%
Jun
Jun
-
Mar
112%
4 7a Feb
7
2*4 Jan
19
,
26% Feb
22
Feb
Feb TO
Oct
Jan
44
.
61
Jan
22
7
Jan
31
,
Jan
71
167% Jan
59'4 Jan
-
Apr
Dec
51*4
Jun '
Apr Z
Dec
103%
15'%
,15
Feb
27 '4
!
107*4
29
1% Feb '18
64 % Feb
Dec
Mar
1
"
44 *4 May
17
Dec
30*4 Aug
32%
Apr v
58
■-,
Oct.
Jun
23%
Mar
>
37'4 Apr
Jan *16:
V" J"n
5
56
54
17
25 V* Feb
6,
% Jan
;
Feb
•
114
.
Apr
13% May
15
11
8
42 Va Jan
Feb
'
Jan
4% July
147 s
Aug
17
52% Feb
8
21'% Jan
Fe7)
107'% Feb ,17
Jan.
643« Jan
r'
>
:
May '
Feb' 1 ",
1%
Sep
,'34 '4
,■
Jan
13
31
41
Apr
7-
Jail
a
46
*■.
Dec
Jan
Jan "
Apr
*
32
.
pec
6%
24 Va
-
•64.
174%
25 *
-
Jan
Apr
3i*'+
3
16% Feb
Feb
11%
May
.
4'%
■
Oct
87
.6'4 May
40'4 May.
15.9
-
109',4 Jan ,27
.
167«
,
Apr
1
Jail
Chemical Works———;—5
Iron
Jan
8
,
div partic
Va
-
Feb .15.
,4.
114
Va-Carolina Chem
Va
Jan '
Jan
116
60
—
,\„T%
,
¬
15 *
Feb
f 64'%
175'%
7'
Jan
preferred——i_100
Vick Chemical Co—
.——5
Vicks Shreve Si Pac Ry-,.-,—Z-100
5%
preferred —^Z__
100
60
*22 74
19
4
'
i-lOO
1st pfd——100,4
—No pqr
preferred
^.100
Pow $6 pref—No par
Coal Sc Coke 5'% pfci—-100
is
Feb
30 '
1Q1
1st
6%
Dec
40
ti
It!
Preferred
Victor
5%
12
Z—25
Sales—-—i—No par
—4—.——100
Vanadium Corp of Am—No par
Van Noiman Mach Tool——
2^50
Van Raalte Co Inc_—
5
Apr '
<
23'4 Jan
Vadsco
%
Feb
2%
Feb
,
Jan
par
"United Storkyards Corp.,%,——1
United Scores class A——
.t—5
$6 conv preferred— i.—~Nc> par
."Universal-Cyclops Steel Corp—1
Uuiversal Leaf Tob
——No par
4%
:13 V a Jan
I———No par
Preferred 4_———-100
U S Tobacco CO-i_ —.—'——No par
preferred-Z'————
Sep
29
29 7
Jan
Apr
27#
Jan
.32
106%
Mar
Jan
JL
Dec
11%
12*4 Feb .15
1—10
Card Co_
5%
i 93*%
91
108
Jan
,107% Feb .15
8
429%
Feb
72%
Jun
*
nar
Sep
35
3%
6
.
Jan
6%
Jun
6*% Feb 15
15
*15 /
;
Dec
Nov
Jun
22
,4% Feb
'
8 la
50
Mar,
.
Oct
Dec
3V«
Apr
37a
25%
4
40
16
18
Apr
3
/
Jan
July
Aug
.
20•:« tea
:
Feb
•'48%
Jan
2
U 8 8teel Corp
7%
15
8
Preferred'
5,500
*11614' 117%
:
100
6% Feb
6
53« Jan
20
1%
4
,
->Jan
33%
,
Oct
Dec
4%
15
Oct
58'%
aa
V)
Jan
May
.
;11
10
Feb
59
par
Co———i
—10
8^ 1st preferred-it—^-'-—-4-100
U S Smelting Ref A MinV—i_—_50
7%
*11574 117'%
62
*5374
32
95
5,000
.
55
29%
139
,
42%
55
31%
55
:
.
42%
3%
4
9,000
10%
28
*48
*53%
47%
138
10%
28
*42
29%
96
11
28%
54
31%
96
18%
42%
*51
32
22%
a
170
117%
29 %
22%
10'%
18 3
9,600
,
43
*1151/4
29%
22%
421a
19%
*28
32
*21 %
*22 %
18 %
11
1 <;
i a
42
42%
117%
*41'%
10%
*28
42
42
11
%
%
%
.
8»% Feb
5% V')
49
173
'
r,H
*4172
15
21% Jail 29
9*4 Jan
^——100
JU 8 Realty & Impt_
10:
156
'172
.Co.,—_L—•-
Partic & conv cl A,
Prior" preferred—
.
•'
IV4
65
*63
175
1.000
r-:.
.'47 >2', '■
le
63%
2,600:
24%
-
*63
156
*172
•
55,300.
'
1*4 Feb
■
.
Jap
84'% Jan
.r
'
-
16
4% Jan
,:
2,100 :
r%".'v,; 400-
18
3% Jap
/•
U S Rubber
1,900
51'4
*2%
-64*4
63'%
*151
156
'151
fi.tVv.
15%
63%
63
63%
*173
175
2:i8
:l*4
■
;
1 15%'
*45
*63%
156
5034
*2438
r 2*%
-
56
115:
"
20% Feb
1»% Jan
U S Industrial Alcohol—— ..No par
U S Playing
46.700
*4;,'
67'%
25',4
•
*45
1*4
16
55
*67
115%
2*%
:
65
*151
162
;
V
47 Vi
24%
25%
*45
1*4
64%
115%
116
.
103 ;
—100
,US Plywood Corp——4—_
14,900
37
2
>.7%- .'preferred-tC—
■
300
16
5% Jan
U S Pipe Ac Foundry—.—VJ .—-'—20
2,000
30%
105
V105
100'
Feb
69
U;S -Freight. Co——4--- ..No par
-——20
U S Gypsum Co—
'
3,800,
■
•
1%
29 V 8
30%
105*%
*31
107%
56%
52 VB
2%
*173
1%
52*4
1 *4
175
1%
115%
2%
*173
1%
52%
V-':
,
37V4
5158
47'%
>
36
37*4
70
•?:
63%
36
56
1*4
*151
36
106%
116
\
•
37 %
*34%
■'34 Va"
56
25
111
61
11
Pa per boa
U S Leather
1,500.
31%r
*67-
24%
15
31%
67
*45
*14%
vf
1,200.
31%
56'4
115%
9,200
4*4
*109
111
31*4
67
234
: *15
64%
15*4
*109
v'•>
:34%-../
4*4
•'
i
17
63% Jan
_No par. %
Dec
-
113
par
t e—,-1
.*
9Vb Mar
104% Mar
.Net par
Iniprov't
■774" Apr
10
Feb
Jan
20%
Apr
;
Feb
y36%
104%
17
29 *4 Feb 17
2,400-, .i-y ,S Hoffman Mach Corp—»
—_--_50
10 7
5% «5r conv preferred—
7'%
34*4
4%
1
240=
40
34%
15
4,700;
89
4
.-.-—10
rd——.—
U S & Foreign Secur—'— _No par
.No par
.•
$6 1st preferred;.
United
v
22
12
•
v7V«
40
41
67 %
52%
116
-
4%
56 %
56
2%
162
180*
*65%
70
47%
*151
63
*175''2
7 34
36%
29%
30
IVa
65
V. 62%
■'
1%
106%
24'%
%
63 .v
175'%
6,100
V
Gas
$5 preferred__L_—
;
260.
Jan
30
Jun
*/2 Jan
26
—„5
Fdyd_i—
&
2...
5*4 Jan
Cos—..———5
United Mer & Manu Inc y
6,200.
11'%
11'4
11%
..
3,100./
V.
36%
.!•%:.
24'%
1*4
15'%
%
';
•
91
36'%
34%
-V
' 600
,3,400:.
7*8
34 Va
31%
V
4'V
*90
7*4
15%
31%
'
64%
2%
64 %
30
106%
35
36
*4 Va
67a
*40
112
31,600
6%
19 7 a*
4%
15V4
*109
*44'%
24*4' 24*4
*44'%
47'%
*63
1
57
57
57
* 67
36
1%
29'%
106%
31 %
35%"
1%
"29%
106%
67
35
l'A
1%
15%
7%
•
106%'
19%
62*4
-
41
*4%
109%
31%
*33%
33 %
35%
35
15%
'
6*4
106 34
3414
34
4%
United
175*%
63%
••
.No
7*4
*11*4
■
179
*40
34 %
109%
15%
'31%
31%
31%
31 Va
*
4%
112
*109%
110
*33 Va
.
*7%
7%
41
*40
41
..
31 »4
11%
62%
4.
'
United,, Fruit Co—«-«—
4%
4'a
7 '/a
91
11%
2,800-
90*%' 90%
7%
7%
11%
-
—il—-—
Coal
Electric
81%
21
4
preferred
Jun
Aug
-7
38*4 Jan
Corp—,——1
74%
9
21'%
4
2Jill!
100
,
7,600, j
19 Va
107
19%-
4 Va
%
91
175 '4
115.
177
*174%
4
Va
91
11 %
64%
64
63%
175
4
*106*4
19%
7% Jan
4—au
'
Dec
Nov
Jan
7
United -Dye wood; Corp—i—
„
Jan
16%
85'4
'
2
United
66 %;
6 Va
6*4
6%
107
19%
7% "
*90
11%
*106 V4
20 %
7
91
'
11%
11
4.V2
91"
.
90Va " 90%
;6%
6%
107
19%
4%
4%
4%:
6%
107
20%
20 4
.
108
17*4 Feb
2
Jan
Nov
Jan
112
5
United;, Dyewood
~
113%
May
23 %
20 % Feb
v
<
55'% Jan .16
1874 Jan
10
Dec
Dec
;63%
15
97'%
8,
Ji Jan
United Eng
28%
20
Jan
17'% Jan
6,500
65%
-
par
6 Va
29
■
109 "2 Jan
par
Fast-Corp—— __No par
Corporation——— ..No
260
29
-66*4
Nq
Carbon,- Co„^—,_i.
44%
*6
16
*
'
83
100 % Mar
30% Feb
4 t
17% Jan
par,
Feb
27% F eb
$3 preforred^r------—— —No par
800,'
68
29
68%
4
107 Vat
*54 %
6%
6
29 V4
68%
1
6'4
...
106 '4
*109%
7,600;
43*4
46%
44*4
6%
6%
6%
.
8*4
4%
19-
6
93 % Jan
preferred—. —100
United
■13,4004
4%
4%
48
*46%
48
6%
232,500
19%
18
85-
25% Jan
„r_100
pref-erredi-v—
United-Carr
200
1 Va
1
8*4
/•4%-
27%
67%
19%
/
8*4
4%
cOnv
5%
10
18% Feb
'
9%
May
86 7 a Feb
24*4 Jan
United
19%
20%
67%
27 V2
'6774
175
*
20%
20%
■Vi
1 Va
190
1,500.
62
'
1
Va
48
6%
6%
6 V»
'
6
49
49
48 Va
6
*60
8%
%
8
4%
..No par
108
46
Apr
110*4 Feb
.
79% Jan
Car—
Sep
58
2
Feb,
115
15% Jan
—100
Jan
7 Va
4
82% Jan
80*4 Jan'
2874
10% Peo la-
>
105% Jan
Un Air -Lines Transport—
United Biscuit Co——L_ :»No
8001
112
*110*4
19%
par
-25
United. Aircraft Corp— ——:5
.5%
8,400
%
17*4-
5
$4,50 series—- —No
'
20%
1
1,300
19*4
*16*4
61
20%
1V4
20%
'
48
*
•
'
18%
17*4
112
*60
21
*20
1%
21%
:
8%
514
'%
21
'
20%
1
J
*110*4
60%
6Q%
.
20%
lil
20%
27
61
*20
110
110
111%
60%
21
*20 Va
21
*20
*110
60
59%
59%
58
.
a
96%
19*4
Xl8%
17 '4
;
;
-Jan
113
Tank
Union
900
12,400:'
2
13
preferred-l--—:
4%-
"V
Jan
par
Union' Pacific RR Co__2-:— -r—109
1,500
96%'
96%
96%
19%
*16 '%
:
5.600;'
84%
26 V a
86V2
84%
84%
30%
86
84»4
85.%
84%
86%
84%
85 '%
84 Va
V.C
"48
18
Jan
Jan
pfd_ —No
Union Oil of California-
10,300-
17® »
17 Va
18%
17%
18 >4
17%
•
■
Preferred
%
'
18
17%
8
42
(8
79
i
Ac'-Curb——. __No par
Carbide
Union El Co of Mo $5
115
,*113%
85 «A
*110
Ln.oti
10,600
80%
79%
80 Va
80 Va
80%
80%
82
115
Elliott' Fisher, Co%_;—No par
—No par
Uniorr- Bug •&, Paper——'
8,100
9%
9%
10
9%
46%v
46*4
47%
47
10 %
9%
10%
*113%
♦110%
J.16
*11014
%
V2
81
81 Va
81
46
.
.
120
17
67
Mar
May
138
Jan
10'4 Mar
—
preferred—
19%
16% May
24% Feb. 17
25
Apr
W
8
8
8
8
8
21%
22
21*4
21%
1,02%
104
*102'%
103'%
*21%
8
22
8
21%
8
,21%
2?% 2%
8
21%
8
-21%
20.100
4,100
1,600
Wabash RR preferred—
Waldorf System———
Walgreen Co:.—j—..—j
•
For
footnotes
see
page
703.
'103
105
'103
105
'103'%
105
*103'b
105
4%?i preferred with
warr
—100
No par
No par
100
7% Jan
5
20% Jan
2
Feb
10
103
-
30-% Feb 19
8% Jan 18
Jan-2i
103
Feb 10
22
.
21*4 July
6*4 Mar
30%
77 a
Nov
16
Apr
20'%
Nov
97%
Jun
102 Va
Oct
Jan
;
Volume 157
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4153
703
NEW YORK STOCK RECORD
HIGH SALE PRICES
LOW AND
i
per share
6J/8
6%
6%
6%
42%
423/4
42 Va
42%
42%
,*16%
16%
*16%
16%
16%
■
7
•
2
I
; 35
7
'7
2
7,
2
35%
81
81
6%
5%
6%
42%
43 Va
*40%
41'A
41%
41%
17
X17
T
6%
2%
2
33%
9%
•
2
32%
32%
■
9%
9%
81
2
81.
32%
'30
18
18
15'A
21
*3%
.
-15
21
21
*3%
:
21
.
20%
74
.
*71%
20 Va
7-3%
-
1
'20%
3%'^.
*20
20 Va
•
73%'
.
514
38% Jan
12
43 % Feb
17
31%
Apr
41%
No par
-—No par
15% Jan
4
17
Feb
16
13% Mar
1614
4% Jan
5
7'A Feb
10
No par
% Jnh
4
2% Feb
16
Jan
20
35% Feb
15
$7
_•*.—
preferred
Warner Bros
$3.85
26
50
—5
7% Jan
7
No par
Pictures—
79% Jan
11
preferred
9% Feb
83
20%
27V4 Jan 18
15 Va Jan
4
Warren-Fdy:& Pipe____.____No par
Washington Gas Lt Co—par
Waukesha Motor. Co—i—«>— i,—
12% Jan
A
Wayne Pump Co
——1
Webster -Eisenlohr„_par
Wesson Oil & Snowdrift—.
No par
17% Jan
5
:
2", 800
f
'
Oct
6
Nov
% May
1
Nov
29'
Nov
Feb
16
Dec
4'A Apr
18
80 3 i
Oct
Oct
39%
Jan
13 %
2
May
24%
23
31% Feb
Nov
Jun
2%
13
Jan
Nov
Jun
X65
,
»400
73%
*72
Apr
No par
(H) Good & W Ltd
Class B
1,500
•*
3%
•
20'
20%
*72-
20Va
*3%
3%
j600
-14%
.
15
y500»
18'A;
.14%
3%
•73%
-
"*17%
14%
20%
3%
*71%
20%
*71%
.74.
3 Va
-18% :,
'
14%'
share
6% Feb
preferred
Ward Baking Co cl A
iioo:
<
Highest
I per
2
270
30%
.*30.
20%
15
.21
V
30.
is
18 Va
20%
-3%
30
30%
•
*14%
•/
Va/-.
: 20%
20%
20
*18'
.15
3%'■:3%
3%
"
.
*30
18%'
*17%
.15%
21%
21%
21
.
18
15
18
•*15
30%
*30
30%
*29%
30%
,1942
I per share
4% Jan
Div redeem
40,400
80
t per share
No par
1,600
9 Va
8%
80
-
f per share
Walk
1,000
6,800 '
2
31%
•9%
*80
:6%
Par
Lowest
Highest
Walworth Co
500
17
*5%
6.%
2.
34
.
9%
81
.
*5%
2 >/4 '
,
33%
9%
81
6%
.
*16%
17
V
'■
-
1,700
17
Lowest
'
•
16,200
17
*80%
.
Shares
6 Va
.
Year
Range Since January 1
'
I per share
I per share
Range for Previous
NEW YORK STOCK
EXCHANGE
43
33%
9%
9%
9%
80 >A
foe
the Week
63a
2%
.
share
Sales
Friday
Feb. 1!)
Feb.18
6 V»
7
.
2%.'
34%
35
9%
80 V4
I per
6%
6 %
Thursday
Feb, 17
$ per share
$ per share
STOCKS
...Wednesday.
Feb. 16
Feb. 15
Feb. U
J$
Tuesday.
Monday
Saturday
•
$4 conv
—.
•
•
18 Va Feb
1
12
Jan
14
Oct
15
11 Va
Jan
18
NOV
2
1%
Jan
3
July
2 Va Jan-,
3% Feb,
*17% Jan
69
preferred—^.——No par
4
Jan
Feb
19
*
15% Feb
21% Feb
•
21
Feb
15
71 % Feb
21
9
15
May
20'A
Jan
59% May
x71%
Nov
■'
t
.
'
1
10%
10%
*60
*74%'
10%
10%
%
60
77
.
76%
68
*68
.113
113
14%
14%
,14%
f 104
105%
*104%
105%
19%
19%
19%
2%
2%
*6'/a
6%
2%
2%.
*6
•
.
6%
2
1%
32
; .19%
70
:
61 Va
113
112%
112%
14»/4
14*A
106 Va
*105
1!05%
105%
19%
19%
2%
-2%
'
*
19%
2%.
7 Va
2
2Va'
2
32%
19 Va
•
7
•'»
2
:•
2d preferred
Western Pacific 6%
A'/e
lilOO
50 Va Jan
3^400
33%
22,200
Westera
18%
15,200
Westinghouse Air Brake
Union
62
15
7%
Aug
16
34
Apr
91
10
41%
Apr
104
Jan
68
Feb
13
36
Apr
93
Jan
102
Jan
2
109
Jan
8
113% Feb
1
"11% Jan
5
144a Feb
19
10%
Sep
103
Jan
5
105*4 Feb
16
97
Sep
"19
Jan
2
20'A Feb
4
2% Jan!
2
3
Jan
26
5% Jan
2
7 Va Feb
1
104%
20
Jan
Deo
3%
8%
Jan
2
,
Jan
May
Sep
1 Va Jan
8
2% Feb
5
7
33 % Feb
19
23%
15% Jan
4
19% Feb
15
13% May
'
Jan
Apr
4 Va
26% Jan
No par
Jan
Feb
18
12% May
2
1
113 Va
May
*
Telegraph,
Nov
10%
Feb
7 8'A Feb
4
57
preferred—100
100
31%
10% Feb
■'
4
.
"67Va Jan
—100
—
18%
<
-s
-
3
■
6%
2-Va
:
-
'
■"
5,700'
6;300/
4
'
,
.
1100-
19%
;
3- ?.--i
*
-
■;
31%
19%;
1,400'
19 Va
7 ?
140
14%
107
8% Jan
.
-No par
preferred—100 ;
6% preferred
—
100
West Penn Pr Co 4% % pfd
^^^100 :
West Va-Pulp Si Pap Co
-No par
6% preferred
——,--100
Western Auto Supply Co——
10
-Western Maryland—--—100
♦440
"
Corp————1
Ife
112%.
*105
3';-:*
<
•
•
f
67%
•
14 Va
;
,ia%
31%
19 Va
'
19%
.
f 260
112%
■
107
*6%
31%
A
•
West-'Indies Sugar
West Penn El class A
J160
67%
14JA
2V»-
8r:.K
2
2
19%
67%
19%
19 %;
X19%
32
67%
78
-
7;900
62
-.78
*60 ¥4
r
■
112%' 112%
6%
19%
»
*105
7
6 Va
31%
32%
19%
79
-
10 Va
10
61%
14
..14 y«
2
32%
:
*76
'*67%
2
2
32%
19
76%
14%
.
•
..
62
76
68
1'12%
14
19%
62
68
113
.*
,
10%
10
10%
62
77
%
.70
113
67
10%
10%
.77
19%
'61%
60%
76%
62
4a May
30
Oct
19%
Feb
Feb
»■
89
'88%
89%
,
33%
27%
*107Va
*122%
33%
*32%
«27
27%
27 Va
27%
'107%
107 Va
107%
,
"
107%
107%
- ,
*86
,*41%
50
91
*86
20 Va
20
20%
*16%
16%
.16%
17%
; 18
4%/
4%
4%
'4%
,•*3%'
3%
3%
3%
18%
■■
50
*42
,50
;*2i%
22
*21.%
.4%
3%
*42
•
88
*
'
20% V
'19%
.
86
63%
20
■-V 63%
3%
3%
50
r
4%
•
4%
3%
v
*4%
3%
,:*42
50
•?*21»A
..
22
22
4
.
,.
•
'4%
.
*42%
.
'
22
,
'
4 Va
.
4 %
4
10%
4
10
10
Apr
83
Dec
17
109
Aug
127
Jan
33 Va Feb
11
23
Apr
32
Dec
4
27% Jan
26
22
Mar
15
85
'800
.1—
Jan
18
preferred——100
Wheeling Steel Corp_——No par
$5 conv prior pref———No par
White Dental Mfg (The S S)—
20
conv
108
Jan
Jan
89
9
2
2
63 Va
100% Jun •
White Motor Co—
80
.
' *3
Va
3Va
.
4
*42:Va
*2%
:
$4
50.
a-.-':
3 %.
3%
1500
1;,400
27', 400
9%
8,700
5%.:
3 I',". •:
3% .■
5%
15,900-
*22
.
9%
■
22%
3
-•*2%.,
,
4»/«
9%
4Va
Whjte Rock Min Spr DO—«^No
9%
va
c
3% (
■
10
10
68 Va
89
1
,68%
10%
10%
10%
•
6$%
68%
10%
10%
1
-
5%'>
...
69%
«
69%
69%
10%
„
•*
10%
10%
5%
...
.
■
"
-5%,*
70
..
70
,
10%
*115
*115
*115
*115
*115
!
5%
■5%
5%
6
.
t
■
•
120
•
r
68%
33%
"33%
20%
20%
33%
.
,
33%
33%
18%
18%
112%
*112% 120
112
*103
*103
;
■■■■': 47
Va
*103% 112
"
33%
,
18
18%
120
20%
20%
20%
.112%
18%
18%
*110
19%
19%
69%
17%
Dec
27%
Feb
21
58 Va
Dec
69%
Jan
16
12% July
15 Va
Dec
18 Va Feb
15
12
Jun
15%
Jan
5
5
Feb
6
3
Mar
5Va
Nov
8
3% Feb
17
Apr
3Va
Jan
1%
15
40
Jan
15
40
53
Jan
x20Va Jan
19
22
Feb
16
15 Va
Apr
22%
Jan
2% Jan
2
3 Va Feb
13
lVa
Apr
2%
1
2
Va Jan
2
4 % Feb
—10
"8
Jan
6
10 Va Feb
11
15
4% Jan
2
Jan
40
preferred—..—
No par
preferred—20
.
■
120
,•*115",
1
v
33%
34
I8V4
-
.32%
,
112
18'%
48
*88 '/a
•
24%
9%
9%
32%
31%.; 32 Va
V16%
10
11%
11 Va
'
Willys-Overland
6 '/e
conv
Motors
preferred—,
-
25
25%
2% >3
2%
25%.
3 1
-
24%
25
16%
»
86
11%
25
2%
25%
"3
10 shares.;
9%"
2%
>
64
'''
*
1
87
87'
11%
1
,1
.
-
-31%
86 V4
.
86%
11
♦
10%
;
2%
1
t
Deferred deli very.^
n
30
18
19,1943
Saturday.——————
Monday-i.4———————i.
sale.
,
Special sales,
s
I
Number
of
and Miscel.
Foreign
;
Government
'
Total
Bond •>"
;.
V
:
■
-W
Jun
20»/a Feb
16
16%
Dec
Feb
17
18% Feb
15
110%
15
Oct
114
19
Feb
21% May
14 '/a
Jun
31
214i
Jan
Dec
Jan
Nov
125
July
106
'
117
NOV
117
Mar
9
47 '/a Feb
15
42%
uun
46
Jan
9
48
Jan
30
44
Jun
88
Jan
15
92
Jan
18
80
Jun
104
Jan
58Va Jan
4
64% Feb
17
39
Apr
62
Jan
No par
100
No par
,
2
Ex-dividends,
1
Jan 13
Jan
2,
Jan 12'
Jan: 4
30
Jan. 6
82
Jan
4
9% Jan
2
19% Jan
x
34
20
24
44% Jan
Bonds
: 794,390
$5,545,000
$168,500
$9,000
$5,722,500.
1,835,840
10,845,700
252,000
11,000
11,108,700
Bonds
/-
y
Jan
*
25
' 16%
125
10
Feb'
Feb
Jan
Feb
33% Feb
87
Feb
11% Feb
10
15'
30
11
15
18
5
15% Jan
IOV2 Apr
111%. Jan
5
Apr
28% Jun
78
7
Jan
May
25% Feb
12
15
8% Feb
Feb
11
1% May
3
2
Ex-rlghts,
I Called for redemption,
54,
Jan
57V4
Jan
23%
14%
121 V«
7%
Oct
Nov
Dec
Nov
37% Jan
87
Oct
12% Jan
20
2%
Deb
Jari
t Unit of trading
16,000
9.126,300
2.000
11,427,000
265,000
2.000
9.322,700
896,750
9,188,600
180,000
,2,000
9,370,600
:
r
$42,000
$1,474,000
$54,561,800
$56,077,800
Total-—-
—„——;
,
1943 ■< '
V
1942
1943
-
810,000
731,000
2,000
733,000
284.760
763,000
6.000
769,000
253,165
785,000
15.000
800.000
181,485
630,000
20,000
650,000
1,805,710
—
$4,202,000
$53,000
..$4,255,000,
1943
,
sTmoo
19,022,146*'
Foreign——
Railroad & industrial—
1———.
1,474,000
$366,700
$514,0002,466,000-
54,561,800
$56,077,800
.•
$46,492,000'
*
Domestic/
19,284,000
3.187,825
-
—
$4,202,000
$3,601,000
$28,928,000
53,000
90,000
11,000
1,118,000
26,000
$25,761,000
623,000
214,000
$4,255,000
$3,702,000
$30,072,000
$26,598,000
—
——
Foreign' corporate-.——-——
—
Total—-i—————i————1——,
$463,585,100 > $334,147,000-
T~r
Slock and Bond Averages
Below
listed
on
are
the-daily closing averages of representative stocks and bonds
the New York Stock "Exchange as compiled by Dow, Jones & Co.;
Stocks
■
;
-Bonds—
10
20
30
13
Total
10
First
Indus¬
Orade
Indus*
February
February
February
February
February
February
February
Rail¬
Utili¬
65.
trials
roads
ties
Stocks
29.08
16.76
*42.45
107.19
.127.83
29.21
16.95
42.70
107.25
128.60
29.30
17.27
42.99
107.26
128.31
Date—"
29.27
17.23
42,90
107.24
127.09
11
.
trials.
■
Rails
10
Second
10
Grade
ties
—
—
16
Bonds
56.41
110.25
92.69
97.06'
56.51,
110.24
92.77
97.09
56.80
110.30
92.87
97.27
56.55,
110.29
92.84
97.42
-*
—
107.31
56.96
110.30
18-—.
—
93.00
128.41
29.53'
17.19
43.00
127.06
29.23
16.95
42.53
107.30
97.47
56.87*
110.34
93.00
126.67
17
♦Corrected
Total
40
'
96.90
'
19
.
Utili¬
Rails
'
13___.
15
29.51
16.89
42.51
107.16
97.59
56.76
110.31
92.96
»
'
figure.
1942
7,661,686
Bonds
Foreign government
312,868,000
-
1943
358,840
——■———-.—
*
$1,995,000
•
-
16,062,500
447,155,900
43.512,000
•
•
-
'
Jan. 1 to Feb. 19
'
Bonds
$42,000
1942
1,805,710
Stocks—No; of shares—
'
Government
Total
$483,000
820,000
1942
:■
34.569,'361
1,948,011
6.845,955
shares'-
Jan. 1 to Feb. 19
,
Foreign
Corporate
382,800
Week Ended Feb. 19
: \Veek Ended Feb. 19
.
Value)
482,620
———r
—
6,845,955
Foreign
Government
$483,000
■■
—
Domestic;
220,880
Saturday---—-----—a-:;
Monday
—
.Tuesday—^—*.————-/--,
Wednesday
Thursday—
Friday-—'-
'
Bonds (Par
(Number
-/
of
Week Ended Feb. 19,19*3
r
V
216,500:
392,000
9,055,700
Total—————v—
Daily, Weekly and Yearly
Shares)
8,893.800
Thursday
—
Friday —4——•a.
s
Sales
Bonds
11,033,000
Jan
Sep
■'
107%
,
.100
;
/ y.
1,182,330
Total—
73%
51
8
Stocks
.United States
Railroad
1,097,105
1,039,540
■
Jan
Transactions et the New York Curb Exchange
Wednesday*.^———'
S.
6%
Jan
,
Zenith Radio Corp—.
Zonite ProductrCorp.
New Stock.
Tuesday
XS.
Oct
Dec
15
2
16 % Jan
—100 i
t5%% preferred series A
Youngstown Steel Door
5,0001
Shares
Stocks—No. of
2%
8%
>•
Stocks,
.
30 Va Jan
1
pfd 4%% Conv series-—100
Wright Aeronautical—
No par
Wrigley (Wm) Jr (Del)
No par
Daily, Weekly and Yearly
•
Feb
115
9
112% Feb
10
.Prior
Transactions at the New York Stock Exchange
Week Ended Feb,
(F W) Co—
Youngstown S & T——
1
\ 5}7001
^
2%
•
,
1250 i
8,100 ,
.
70
8
17% Jan
—10
6%. preferred B——
Prior pfd 4Va% series-
18,400
31%
-
Jan:
11
Feb
10% Feb
27'
Jan
2,300
Yale St Towne Mfg. Co————•—25
2IV2
24;300ir Yellow Truck &c Coach cl B-;
I'J2%
*110'1
Preferred—
—
100
118'A
;5il00M Young Spring & Wire_—
Nopar
7%
24'4
24%
15% ' 16
A
123% 123%
;
9V4 ,;.9%
v
••
Woolworth
1;200^
*
24%."- 23%
,
a
•
*
25% " 7 23%.; 24%
2%
2%
2%
tin receivership,
:
:
11%
11%
•
63'A
\
.<
9.
115.
6
4
57% Jan
———.No par.:
Worthington'P & M (Del).:*.No par
7 % preferred A_—
100
1110"
1700
'
.
preferred'
Woodward Iron Co—1.
}300
48'*
'89
a63lA
'
*
89
-
•:
'';-31^a:V'32*?
86
25
*
„
■
11%
11%
";v.
91Va
'
;
Dec
1% Aug
4% Apr
3% Sep
■
3*,500
s
,*103V4 113Va *v,
*46 Va'V'-,47 Vt V
"*46,A-
■
15,600*
18
114
"
t
-
2414, 24?i
. 15%463» 1
*123% 125 V >
,9.Va^ V9%1"
25
125
>86
•'
X64'1
16JA il6%"
*124
♦
9%
A32V»
32%.
*Bid and asked prices; no sales on this day,
]•'
reduced from 100 to
64%
48 > -
*46'/a
,*86
64%'
,
t 86
1
:
$6
Wilson-Jones "Co —4.—^^
.i_.4_.10
Wisconsin El Pow 6%. pfd—,-—100 \
i,800^
.I"
33
-
18
113%:(
Wilson & Co inc—,—No par
^
.20 Va
114
•-
46%. ,,46%i
•vv
•
'
.25
■'■AZiW
11%
11
48 ;
91%'
123Va
9%
.9% :7,
^
'
'*86
123V2
86
85%
■
24%
16%
.33%
-.46%;
•
64
64
.24%
85%
85%
.
*46%"
91%
*88
,
*46
47 Va
125%
2414
*124
125
9%
.
64
46'A
:
47
t
49
92
16%
16%
16
*124
46
47%
90
.
63 Va
24%
,
:
64
90
63%
:
!*47 Va
48%
•••
32%
.
•'
•113*
,* 103 %
,20 Va-
■;
34«'.
.1
18%
113
120
*101*
112
J
r.\
18%
*112 Va
-
!'
-20 Va
20 Va
,
May
*
1,200
.
*
*46
*47'
i
Jan
3% Jan
Wilcox "Oil AS Gas Co——5
15,300
-.lO'A ' :io%
•
r<
10%
:
i
'♦19%
Oct
Apr
93
.
2% Jan
par
conv
Prior
"
'
10
5%
6
July
Jan
50
Feb
-
•'■•5%
Dec
17
2
White Sewing Mach Corp—_ —::
18
10844
20% Feb 16
14
13% Jan
1 ;
9.300
1*700
2,900
Jan
Jan
%
31%
63 Va Jan
,
58% Jan. '•5-.
*15
.
•4%.
;
3%
%
22
,
4%
■
,
50
,
.
".
'
3-%
3%
23
'.
3 Va
3Va
9%
4%
*9%
^
■3%
5 Va %
660*
•
30
124 Va Feb
12
42 %
17%
16%
I
<
17
.
89 V4 Jan
5
Jan
106% Jan
——No par
Wheeling* & L Erie Ry Co———100
1 10
5,900
,63'A
*16%
V
17,%'.'
17 Va
17%
:
19%
,
63%
,
86'
2
Jan
26% Jan
$4.50 preferred
I—-.:
*41% -50
-
,,".16%-' 17
17
1120
107
*
Jan
31
Elec' Instrument—12.50
Westvaco Chlor Prod_l——_No par
1,200
'
3
•
,
,'*105
27%
•
81
120
'
Weston
*
'4%
.22
*42
.
*86
.
.
33
*26%
'
■'
50
63.%',
,
'
17%
18
17%
.
'/■ 3%
..."
•
'17
17
•-
*41%
20%
63.
63%
"
27%
j 50
1400
124%
*32%
.* 107%.' 108: r.
,
88
20
20%
17
17%.
•
.
'■
Westinghouse El & Mfg——50
1st, preferred——50
5,000
*123
33
27
■
50
*A
*86
62%
,16%
M 62%
•r
i *41
20 Va
,63
20
62%
■
*107%: 108
85
86%
33
27%
27%
50
*41%
,*86%
;-62%
*33%
'
•
124 Va
*123'
124 Va
.91
501
91
*41.
124%
*33
124%
33%
85%
88 'A
87
88
124%
*33
33%
27%
89%
*123
*122%. 124%
THE COMMERCIAL & FINANCIAL CHRONICLE
704
Monday, February 22, 1943
'
<•
Bond Record
New York Stock Exchange
«»
FRIDAY
WEEKLY
-
YEARLY
-
and defaulted bonds. Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions
week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur, No account is taken of such sales in computing the range for the year.
The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
NOTICE—Prices
the
interest"—except for Income
"and
are
or
Sale Price
Period
Ended Feb. 19
Week
Last
Interest
Exchange
Stock
BONDS
Week's Range
Friday
BONDS
York
New
Bonds
Friday's
Bid & Asked
New York
Range Since
horn
January
Stock
Friday
Exchange
Week Ended Feb.
i
Interest
19
Week's Range
Last
or Friday's
Sale Price Bid & Asked
Period
of
Bonds
Range Since
Sold
January 1
'
V
'
-
Low
No.
High
.' Low
'
High
Low
AChile
U.
Government
s.
Treasury
4'As
Treasury
4s
Treasury
.1947-1952
1944-1954
L1946-1956
3%s
—
1943-1947
Treasury 3%s—
Trej
i
Tree
i
1943-1945
1944-1946
.1946-1949
3%s__'—
»ry
3 'As.
3Vis
try
Treasury
—:
Treasury 3ViS—
3s
Treasury 3s
—
Treasury
_
2%s
Treasury
2%s
Treasury
Treasury 2%s
Treasury 2%s
—
2%s
Treasury 2%s
Treasury 2%s
Treasury 2Vis-,*
Treasury
—
-
-
Treasury 2%s——,
1949-1952
,.1946-1948
__1951-1955
——1955-1960
1.1945-1947
1948-1951
—1951-1954
1956-1959
1958-1963
——1960-1965
——1945
—.—.—1948
2Vis
——-1949-1953
2Vis
.
-1950-1952
2Vis—,
r
—1952-1954
2 Vis
.—1956-1958
2Vis
.—1962-1967
2Vis —#—
——1963-1968
2Vis—
;——1967-1972
2Vis—
1951-1953
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2'/4s———^11952-1955
Treasury 2Vis—..
«;
-1954-1956
Treasury 2s_
,
—
.—1947
Treasury 2s
Mar 15 1948-1950
Treasury 2s_
—Dec 15 1948-1950 ./
Treasury 2s_l
_Jun 15 1949-1951
Treasury 2s
—Sept 15 1949-1951
Treasury 2s
_Dec. 15, 1949-1951
Treasury 2s
——
1950-1952
Treasury 2s_.
1
1951-1955
Treasury 2s
—,
1953-1955
Treasury l3/4s
______—June 15 1948
Treasury
_
„
3 Vis
Mortgage
Farm
*105.26 105.28
114.1
105.28
—
AExternal
114.1
106.3
A 6s
100.30 100.31
101.24
*106.29 106.31
106.29
106.30
*104.24 104.26
^
107.6
104.26
107.6
107.10
10 8/15
-'
107.8
*108.6
104.22
„
108.15
108.8
IT'
*108.20 108.22
'
*109.3
3s
*103.6
106.8
t
106
"
106
*104.3
•
100.23 100.23
7
15
100.11
13
100.21
100.31
104.30
104.30
V 100.11
1'
104.30 104.30
'*101.21 101.23
*105.6
1944-1964 :
1944-1949
.
————
104.8
_
debt
——
8s
*100.12 100.14
§A2d
*100.12 100.14
gold
an
100.16
100.9
1
>102.20 102.22
102.23 102.23
*102.21 102.27
4
102.27:
' 102.27
1st
fund
*101.10 101.12
Finland
94
103% 104
'
,103v* 104
(Republic)
A4%s
2-2300
REctor
Broadway,
New York
extl 6s
s
s
f 7s series D_.
M-s
>,:■
j-j
j-j
j-j
1945
;
—
:
'
-A:
:
*16%
A-0
xl':i
17
:
16%
*16%
16%
16%
16%
1
16 3i
16%
1
16%
16%
3
—
16%
'v:
43%
5
.
1
*'
•-
'
47
3
1948
1971
S f extl eonv loan 4s Feb——1972
S f extl conv loan 4s Apr—
1972
Australia (Commonw'lth) 5s of'25-1955
External 5s of 1927
1957
External g 4 Vis of 1928
—,—1956
.—
.—
'
*—1949
Belgium external 6Vis—
M-N
M-N
F-A
4
A-0
J-J ■> ■/
97
88
80
84
97 Vi
88
80
81%
88Vi
88
84 Vi
97%
97Vi
97 Vi
98
—
M-S
M-N
88
97
86%
78 Vi
50 :
87 Vi
87 Vi
,
—
84
^4>
M-S
••
v
-.
"
65
35
117
10
26
5
8
97
98%
36%
43%
34
40%
34
40%
8
34%
40
4
87
91%
98'/a
43Vi
16
40%
28
1957
A-0
40 %
39%
40%
22
1952
1957
—1958
——1950
J-D
M-S
F-A
J-D
39Vi
40
89
(Central Ry)
Brisbane (City) sf 5s
A7s
Sinking fund gold
5s
Sinking fund gold 6s
Buenos Aires (Province of)—
stamped
A6s
External
s
—1961
f 4I/a-4%S
Refunding s f 4%-4Vis
External readj
M-S
F-A
A-O
—
*88
90Vi
83
89%
*__
91
87
93
__
68%
69%
16
—
69%
70
71 Vi
5
69%
72
71
3
70
73
72
72
4
53Vi
M-N
—
1984
J-J
—
1960
1952
A-0
f 4Vi-4%s
5s
—1943
1961
1944
1967
1968
2Vis—
3%s
2%s
30-year 3s
30-year 3s
10-year
25-year
7-year
ACarlsbad
A Chile
A 7s
sinking fund 6s
assented
assented
AExtl sinking fund 6s
A6s
For
108%
100 &
100 &
2
100 3*2
101 li
101
17
100%
101%
9
—
100%
102 Vi
100%
99%
100 Vi
__
101
__
—
*10%
__
20%
18%
Jan 1961
Jan 1961
Sep 1961
fund 6s
assented
footnotes
53%
107%
__
Feb 1961
Feb 1961
Sep
assented
AExternal sinking
A 6s
48%
7
M-N
see
page
708.
1961
1962
1962
A-O
A-0
74%
9
M-N
fund 6s—.'—1960
1960
ARy external s f 6s
A6s
J-J
71%
73
53Vi
1942
A6s assented
A6s
F-A
J-J
J-J
J-J
M-N
68%
107% 108 Vi
__
1942
External s f 7s
assented
AExternal sinking
A Extl
1954
(City) 8s
(Rep)
M-N
*80
68%
1975
s
...88%
—
(Dom of) 30-yr 4s
Canada
..
—
external sf $ bonds
External
3%
4%-4%s—
M-S
1977
1976
.—1976
—
'
94
7
98 Vs
f 6Vis of 1927
83%
98
42 Vi
' 39 '/a
—
81%
94
97%
42Vi
__
—
18%
102%
100%
100 %
101%
102%
6
100%
100%
14
97%
100%
100%
25
97%
100%
2
20%
21%
25
20%
18%
19%
11
18%
22%
20%
20%
4
20%
21%
18%
19%
28
18%
22
F-A
__
20%
20%
3
20%
21%
F-A
19%
18%
19Vi
37
J-J
—
21
21
J-J
M-S
Y-S
A-O
A-0
—
—
—
19
1
106%
113%
>37
33%
35%
1
30%
35~%
54%
55
52
47%
58%
54%
54
54%
14
45
48%
49%
21
42%
51%
A-O
;
,
.
V
18%
22
20
22
19Vi
19Vi
24
18%
22
*20
19%
19%
18 Vi
19%
13
18%
21%
19%
19
1
19%
21
3
18%
22
54%
1942
M-S
*76
69%
74%,
1940
A-C
*76
72
72
>76
72
75%
72
76
A-0
1961
M-S
A-O
.
A-O
''
76
70
J-J
*22
25
J-J
*21%
M-S
:
"
J-D
•
4
.*94
10
20
18%
99
95
21
.18%
99
*91.
,
\
^
*91
15%
15%
1968
15%
A-O
*70%
i-y.:,-
A-O
\
M-N
,*64%
*83
—
17
3
16
15%
12
•
12
V.
A-
'—V.'
*15%
84
17%
16%
68%
63%
85
14
70
62 Vi
,
—
—
*12%
vi-O
assented
—
1943 '
Geraes
85
11
16%
15
15%
84
16
82%
1
j
84
9%-
external
s
f 6 Vis
series
-
—
A
—
*9%
•
10%
13 Vi
9
-.10%
5 34
12%
9
13%
10%
11%
13
18%
23%
*3%
—
—
*22%
24
—
22 %
22 %
18 Vi
23%
—
s
f
M-S
^.1959
1952
M-S
J-D
M-N
,
89 Vi
89 Vi
89%
89%
84
5s_———1958
—1943
A-O
F-A
extl
—
101
.-1956
F-A
M-S
A-O
83'%
loan
F-A
—
sink fund 4%s—:
—
J-D
A-O
1970
—1955
A
;
83%
*82V'a
3
93
100%
3
100 Vi
101'/a
85%
91%
"2
77%
95
83 %
a-'.""
73
75%
73
75%
4
73
73
70
70
73
75%
"l
14
19%
106
18
76
14
,
75%
*104
83
85
72
~2
76
*70%
;
83%
80%
71
76
V.
92
100'/a
—
*85
—
M-N
M-N
3-D
M-S
M-S
M-S,
<
11
101%
*91%
•-,
91 Vi
89 V4
89
*100*%
1963
4%s
89%
.
V
—1965
——-^_i.w-1944
:
j
90
F-A
fund 4Vis—
84
82%
82%
—
'
.—1957
6s
fund
*80
—
(State)—
f
sink fund
(City)
9
*12%
"
J-J
J-J
1958
7s_.
sink
sink
20
13 Vi
*
II
J-D
<
1959
(City)
South Wales
s
9%
12%
M-N
(State)—
fRep) extl s f 5s ser A-1963
Stamped assented 5s
—
1963
mod 3%s ext to
1994
Ext sec ref 3%s series B——1967
APernambuco (State .of) 7s——„1947
.18
14
14
14%
24
12%
ANat loan extl s f 6s 1st ser—1960
3-D
13%
13%
14%
91
1274
15%
ANat Loan extl s f 6s 2d ser—1961
A-O
A-O
13%
13%
14%
54
13
15%
(Rep of)
APeru
*
81%
79 Vi
82
91
39%
External S f 7s
/
Stamp
88%
96%
A-0
—
98
84 Vi
96%
J-D
f 6S——
s
50
96%
78%
79%
*113% 114%
54%
J-D
f 6%s_;
*
103
106%
F-A
APanama
16%
16%
42%
93
72%
16%
16
102%
79%
J-J
j-d
s
Oslo
21%
101 V'a
105%
A-O
1957
Municipal Bank extl s f 5s
16%
79
SABrazil (U S of) external 8s
1941
A External s f 6Vis of 1926——1957
AExternal
16
16
8
J-J
J-D
s
16%
7
-1955
.—1955
External
•'
16%
15%
:
19
101%
108%
A-O
1954
7s
6V2s
external
4s
16%
15%
78%
>104
readjusted—1954
External
>
Government)
f conv loan 4%s_
4s
External
16
•
20%
*102%
78%
J-D
:_1960
extl 5s of 1899 £
(US)
External
44
15%
■
16%
'
.v
j.
16%
—
3-D
••
>16%
V
1
A-0
.1957
S
""
44
•••
*48 Vi
—
—
a-0
1957
Argentine (National
S f external 4Vis
"...
'
j-j
.1957
1958
F-A
Q-J
A6s
> ■-C,;.*43
1945
f 7s series C—
External
a-o >
1945
A
F-A
1948
1945 '
.A External
(State Mtge Bk)
External
*43
1!
46
Irrigation—•
Exterriaji
(Colombia)-
fund 6s
39
*100% 102
J-D
Norway external 6s_
1968
AGtd sink
AGtd sink fund 6s———
43%
s
f 5s_„
(Colombia)
AMontevideo
Municipal
Mtge Bank
Agricultural
30%
48
*101
Q-J
New
Govt.
30%
40
20
20%
1964
s
32
40
46
43%
Vi:
J-J
1949
—
A Sec
Teletype
'■•
Foreign
M-N
1945
.
ASec
>
42
46
43
1945
Minas
Wertheim &. Co.
.
56
38%
30%
F-A
—
1-1693
52
5
28
*30%
AAssenting 5s of 1899
—1945
AAssentlng 4s of 1904
-1954
AAssenting 4s of 1910
1945
§ATreasury 6s of 1913 assent
1933
NY
56
56
M-S
1949
1967
—
stamped
AMexico
'
York Stock Exchange
52
'
Mexican
'
17%
10
56
*30%
M-N
(Republic) s f 6s series A—1952
Helsingfqrs (City) extl 6%s
-1960s
(Prov)
19%
17%
-
42
F-A
Haiti
AJugoslavla
18%
16%
17%
21
17%
-
55%
J-D
dep—1948
part paid—
part paid-—
Foreign Securities
.
of
ctfs
21
17%
*
(Republic of) 7s
AMedellin
■
18%
,
18%
41%
M-N
1969
Government—
active interest in
and other
120
55%
41%
1940.
—/
unstamped-.
A6s
—
*30%
French Republic 7s stamped——1949
7s
18%
—
55%
J-J
1955:
5%s_
21
■
A-O
_1969
series
Salvador 8s
AEstonia
IO2T23 102~28
1
South American
Members New
A-0
1952
5V2s 2d series
A El
Mendoza
Telephone
1961
,—1962
Irish Free State extl
We maintain
*16%
—1942
5Vis—
series sink
5%s
:
100.16 100.16
103 Vi
J-D
8s ser A_1951
Customs Admin 5%s 2d series
103~16 103Tl6
"V
*103.14 103.15
J-D
1951
'
series B_
A7s
—1980
17%
——1945
!ADominican Rep Cust Ad 5%s
§ A 1st series 5Vis of 1926—:
*100.14 100.16
City
_—
M-S
1977
External gold 4%s
*100.16 100.18
Issue—
Corporate Stock
*18
1953 V
Greek
York
New
M-S
_1949
wks
External
100.28 100.28
4 '
v
Transit Unification
3%
4%S—
ASinking fund
*100.20 100.22
.
"18%
1953
SADenmark 20-year extl 6s
*103.30 104
———1944-1952M-N
1945-1947/.
J-D
M
series
lVis
*18%
M-N
—1952
5Vis—
ACzechoslovakia (Rep of)
Owners' Loan Corp—•
3s series A
M-N
1970
1914 series A—
external
APublic
*101.16 101.18
M-S
M-N
bonds—
Sinking fund 5%s
105.6
*104.6
loan
4%s
101.25
101.25
__
5s of
External
100.21
100.19
100.21 100.27
100.11
18%
Jan 1961
f $
External
21
*18%
A-O
Rica (Rep of) 7s_J—
,1951
(Republic of) 5s of 1904——1944
Cuba
100.13
100.13
'
21 "
17%
A-O
a Costa
*103.22 103:24
20%
17
-I960
^
(City) 5s
25-yean.gold 4%s_
104.5
17
*18%
•
1962
Copenhagen
"*106.16 106.18
14
*17%
Mtge Bank 0 l/as„.
xy*/
ASinking fund 7s of 1926—
1946
ASinking fund 7s of 1927
—1947
'*106.15 106.17
18 %
18 %
J-D
i960
assented—
s
20%
..1962
assented—*——.
external
22
19%
1961
A6s of 1927
;
18%
4
J-D
AColomuia
*104.16 104.18
21
19%
1961
6s
A
109.5'
18 %
20%
19 %
196i
Chinese (Hukuang Ry) 5s
Colombia ' (Republic of)—
A6s of 1928
—Oct
*1C8.20 108.22
j-d
20%
19 %
19Vi
4
1961
Chilean Cons Munic 7s
A7s
Corp—
3s
Home
A
109.17
109.9
5:
109.17 109.17
A6s
110.11
High
20%
19%
J-D
_1957
AGuaranteed sink fund 6s_
-110.11
Low
20%
M-N
1957
A6s assented
110.8
M-N
1963
AGuaranteed sink fund
*106.17 106.19
*110.5
assented—
6%s
a6%s assented
103.3
"110.12 110.15
x
—1963
ASinking fund
101.31
103.2
101.24 101.24
,
sinking fund 6s
AChile Mortgage Bank 6%s:.:
a 6 %s assented—
*102.29 103.30
J-D
J-D
:
Federal
—'
*108.12 108.14
M-S
M-S
J-D
J-D
M-S
J-D
J-J
J-D
J-D
M-S
J-D
J-J
M-S
J-D
M-S
J-D
t
;
*113.28 113.30
A-0
J-D
M-S
J-D
A-0
A-0
J-D
J-D
J-D
M-S
M-S
M-S
M-S
J-D
M-S
J-D
J-D
J-D
M-S
J-D
M-S
No.
High
(Continued)-V
(Rep)
external 7s—;
1959
(Rep of) gold 6s_.——1940
A4V2S assented——-—-1958
JAPoland
)
.
„
———1963
Alegre (City of) 8s_—_—1961
APorto
AExternal loan 7%s_——
*13
A-O
'
A4Vis assented
>14%
A-O
A-O
V AStabilization loan s I 7s——1947
A4Vis assented-.
;
.—1968
AExternal sink fund gold 8s_—1950
14
•—
•
14
v
16
.
*23%
J-J
1
>18
23
13%
14%
*19%
*19%
16
23
14%
15
15
17%
21%
17%
21%
19%
12%
11
21%
33
1
30
91%
3
91%
96
21%
21%
1
18%
23%
19%
21%.
A-O
F-A
33
91%
M-N
F-A
Sul (State of)—
of 1921——-_1946
1968
A7s externa] loan of 1926
1966
A7s municipal loan
1967
Santa Fe external sink fund 4s
1964
ASao Paulo (City of Brazil) 8s—-1952
A 6Vis extl secured s f_
1957
|ASan Paulo (State) 8s
1936
a 8s external
:
1950
A 7s extl water loan
1956
A 6s extl dollar loan
1968
§ A Secured s t 7s.—,—
—1940
Serbs Croats & Slovenes (Kingdom)—
a 8s secured external
,-1962
a 7s series B sec extl
1962
ASilesla (Prov of) extl 7s__——1958
A4 Vis assented
1958
12 %
21 Vs
J-J
1966
APrague (City of Greater) 7%s___1952
Queensland (State) extl 6s
—1947
a Rio de Janeiro (City of)
8s_—1946
AExtl sec 6%s
—1953
3
1
18
J-J
J-D
•
16
20 Vi
82
16%
21%
22
20
25%
35
Rio Grande do
A 6s
external sink fund gold;
J-J
M-S
J-J
—
3%s extl readjustment
(City) external 7s
A4%s assented—
:
AWarsaw
22
22%
17%
22%
22
7
77
10
22%
12
36%
1
*47
36%
*35 Vi
%
39
23%
47
32
36%
29%
36
34%
34%
2
29%
34%
64%
3
62
67%
*13
13%
*12
14%
13%
12
.
10
3
15
11
15%
11%
12
16
12
*84
89
1
——
*81 Vi
85
—
*79 Vi
90
**
78
78
*79%
687a
68%
68 7i
*60%
65
*61%
16
69
68%
61%
.
69
64
6
69%
61%
60
64
F-A
J-J
F-A
F-A
78
27
64%
,
J-D
-
""
17%
41
22%
r
73%
18%
25%
M-N
1978
1978
1984
1958
1958
17
18
74
M-N
M-N
M-N
13
28
*23%
F-A
F-A
3%s-4-4%s ($ bonds of 1937)—
External readjustment
1979
External conversion
1979
3%-4Va-4ft extl conv_
4-4%-4%s extl readjustment
77
!■
A-0
1960
1964
21%
22
M-N
M-N
J-D
J-D
1955
,— 1946
25%
21
21%' 22%
22:
M-S
M-N
M-N
J-J
—
Sydney (City) s f 5Vis
a Uruguay (Republic)
extl 8s
AExternal sink fund 6s
AExternal sink fund 6s
24%
A-0
J-D
M-N
J-D
A8s extl loan
61%
66
70
*52
58
52%
58
*12%
16
12
12
11
13%
12%
12%
~6
Volume
THE COMMERCIAL' & FINANCIAL CHRONICLE
Number 4153
157
705
'
'
I
I
;
NEW YORK BOND RECORD
Exchange
Week Ended Feb. 10
<
Last
Interest
Period
Stock
York
Week's Range
or Friday's
Friday
BONDS
New
-
Bid & Asked
Sale Price
Low
Range Since
Sold
-
High
.
No,
January 1
Low
J-D
1953
AStamped
—
—
54%
"l
54%
Af-S
*102Va 102V4
»
F-A
.
*104
••'
»
103% 110
Corp 5s w w
1950
M-N
gtd gold 4s
1981
F-A
1962
1947
ACent Branch U P 1st gold 4s—1948
J-J
in-U/4
103 Vt 103%
43
J-D
101.
101
63
55
Cart
.>1943
J-J
-1948
A-O
Celanese
Celotex Corp deb 4%s w w
103 V4
k
1948
A-O
A-O
*102.12
_>
108%
'
'
'
'
'
V 4*
'
}
'
105
I'
Albany & Susquehanna RR 3%s_
-1946
3'/as registered
:
0
A 1st
II
•J
62
*44%
— —
62
'
96
•
—
96
25
94%
96
94%
94
94%,
15
93%
93%
95
93
90%
80
A-O
1Q6
;
•
66%
108%
110
101
26
103
104
49
~
J-D
12
50
101'%
48
50
103%
102%
98
101%
38%
38%
3
30%
F-A
71%
70%
71 %
24
68%
72
M-N
.—Nov 1945
§ A Consol gold 5s
,>1945
ARef & gen 5%s series B
1959
ARef & gen 5s series C
1959
108%
108
3
__
63%
,
Corp 3%s debs
*103
High
62
'
»
27
26%
27%
159
23%
27%
7%
7%
30
6%
40 %
tCentral of Georgia Ry~r
JrV
—
108% 108%
...
1st
4s
102
*
assented
warrants
with
6s
.-1972
-1946
3Vis—
Albany Perfor Wrap Pap 6s>—>
mtge
3-D
Gen
Adir
&
Ohio
&
102
105
*103.8
J-D
*
M-S
Clinch
Carriers &
'
5s_ .>1943
series B——
1st
High
1965
'
4s
January 1
Low
No.
*66%
71 Va
48%
i
Range Since
Sold
J-J
102
*102%
■
J-D
.>1946
10-year deb 4 Vis stamped
Gt Southern 1st cons A
Ala
Power
Bonds
Friday's
or
Bid & Asked
1949
102
'
cons
Week's Range
Last
Sale Price
Period
.
High
70%
—
J-D
1953
-—
1948
Express coll tr gold 4s___
.U947
Coll trust 4s of 1907—
1st
...
.
t§ACarolina Central 1st gtd 4s
Adams
Alabama
19
Low
Companies
A unstamped
series
Friday
Interest
Exchange
Week Ended Feb.
,,
tAbitibi Power & Paper—
§ A5s
Stork
New York
,
Carolina
and Industrial
Railroad
BONDS
,
Bonds
■,
mtge 5s—*
A-O
7%
A-O
.
7%
7%
8
38
38
4
J-J
23
23
8%
8
6 %
67
J-D
AChatt Div pur money gold 4s»1951
AMobile Div 1st gold 5s»—
1946
.9
42
35
20
23
Alleghany Corp—
95
Central
80
t A Cent New Eng
71%
i A Central of
1944
;
—1949
>—>-—,—1950
F-A
J-D
4-0
94
79%
80
71
70%
71%
54
60%
1950
A-O
65
64
65%
160
53%
65'A
1998
A-O
*66
67%
62
66
4%s debs——1951
Allis-Chalmers Mfg conv 4s—
1952
Am & Foreign Pow deb 5s
2030
F-A
M-S
Af-3
104%
5s
modified™-^
5s
modified—
5s
modified
»——>.
»
income
A 5s
—
Alleghany & West 1st gtd 4s
-
70'
Illinois
5s
Stores
Corp
•
.
AGeneral
Tobacco
Amer
deb
Co
-
,
'
& Santa Fe—
»>'.
"
4s of
Conv
1905
1st' 4s_
Cal-Ariz
1st Si
coll
N
Si
gold 4s
Second
mortgage
4s—
Atl Gulf & W I S3 coll tr 5s>
24
107%
26
16%
23%
~3-J
21%
21%
22%
47
16 Va
10
108%
1987
——
ill
111
90
88%
79%
90
83
90%
81
L
21
71%
81
F-A
59 %
59
59%
186
55%
60%
AT-N
84 V4
84 Vi
5
83%
86
1948
Af-S
96
96%
19
92%
96%
'
Prod
109 % 110%
255
107
110
102% 103 %
106
100%
103'/a
10
98%
100 %
5 Vis A—
468
81
,
100
100
100%
61
51%
61
36
67 %•
66%
66 %
4
Chesapeake & Ohio Ry—
General
Ref
611
,
105%
105%
35
105 %.
103%'
12
105% 105%
.103%
116.
99%
116%
97
116%
97%
105%
97%
,
111'A
96%
97%
99 %
152
95 JA
106%
105
106% 106%
99%
105'A
■
*107
J-J
1
112 >
111%
112%
109%
109 7
2
102%
103%
8
102'A
103%
87%
90'A
87%
165
65%
64%
79
78
79%
34%
:J-D
35 "
J-J
M-S
65%
30
!■;
79 %
-
32%
16
101
*105
7 4 Va
255
30
101
66%
■63
29%
4;.
35%
'V
*115V4 118%
18%
19%
217
15%
19%
98
97%
98%
137
92%
98%
97%
''in**).**
J-J
97%
10
94%
97%
99% 100'a
74
96%
100%
9 7 V4
100
99%
25
97%
99%
92%
Af-S
92
90Va
92%
222
81
F-A
71 >/4
70%
71%
256
65
71 Va
ref 5s series A—
1971
F-A
78%
77%
78%
193
73%
78%
J-J
36%
36 Vi
37 y4
191
AGen
Eastern 111 RR—.
(conv)———1997
—1982
inc
mtge
*
Af-N
,
(Chicago Gt West 1st 4s series A—1988
J-J
J-J
120 Va
67%
4%s__——2038
41
,tACnic Ind & Louisville ref 6s A„1947
j.
ARefunding gold 5s series B
1947
ARefunding 4s series C
>——1947
J-J
■
inc
AGen
mtge
26
66
62
38%
34
4
31%
35%
31 Va
32%
4
31%
33%
*29 Va
30 V4
29%
31%
,
J-J
Af-N
8'/«
8
&
gen
5s series A——1966
&
gen
6s series B——May 1966
J-J
8
8
4s__—1956
tChicago Milwaukee & St Paul-—
J-J
75
73
75
46%
45%
46%
39
66%
A-O
64%"
July 1948
A-O
65
J-D
due
19461
1
Oct
& gen
65%
37%
36%
37%
41%
40%
41%
37%
36%
'37%
148
ser F
*
36 %
37%
182
32%
28%
402
24'A
280
51%
164
40 Vi
M-N
2%s—>1950
2%s debentures
—i———1956
Beth Steel 3Vis conv debs_^_—.—1952
Consol mtge 3 Vis series F»
1959
48%
47
46
66
493
65%
,•
- -
22
103%
104'A
130%
53
129%
130%
15
99%
4s
99%.:
104
104
99%
7
104%
53
103%
104
101 % 101%
103%
98%
13
26
100%
Gold
99%
78
101%
102%
■*75 V-
75%
76 Vi
45%
258
109
\
—
/
•
109%
88%
89
76%
23%
3
108%
32
109%
19
104%
105'A
9
104%
gold 4%s
90%
>
25
99
18
114
101 Va 102
.<
110%
102
-115'%
110%
gtd
38 %;
37%
38%
175
35 %
39%
A-0
15%
14 Va
15%
189
11%
16%
14%
141/4
14%
39
11
16
83 %
82%
83 »/4
7
81
83
62
64
38
58
64
79%
81%
12
77
81%
A-O
J-J
A-O
1952
1955
1960
79%
;>
deb
1st
1st 4s
C
& Pittsburgh RR—
3%s gtd—
gtd
3%s
General 4%s series A
Gen
series B
ref 4%s
&
Line 1st gtd 4%s
gtd 5%s_,
5s series B
gtd
1st
s
f
1st
s
f 4%s series C
Canada
Southern
Canadian
cons
National
Guaranteed
Guaranteed
Guaranteed
gold
gold
gtd 5s A—1962
gold 4 Vis
5s
,
Oct
gold" 5s
1969
1970
1955
4%s
Guaranteed
gold
gold
4Vis
1956
Guaranteed
gold
4Vis
1951
Guaranteed
Canadian/Northern Ry deb 6Vis—1946
Can
Pac Ry
Coll
5s
trust
4%
deb stk perpetual
trust
Collateral
For
trust
footnotes
85
113
10
111%
113
108 Vi
108%
15
108Va
109
114%
114% 115 V'4
27
113%
115%
see
708.
79
8
113'A
115 Va
114% 114%
4
113%
114%
112
112
36
lll'A
112%
12
110 Va
111 VA
113 % 113%
12
112
113%
77%
52
71V4
22
100%
102'A
105
110%
77%.
M-S
101%
J-J
3-D
104%
J-J
1123%
110% 111
76%
102
Colo Fuel
44%
23 Va
26%
26
4%
22%
26 %
35
23
26%
448
5 Vi
4
*46%
37%
5%
46%
39%
494
48%
33%
53
39%
39
38
6
35
A-O
22%
22
23 Va
1,326
19
23%
M-S
25
24
25 Va
516
20%
25%
7%
405
6%
7%
Af-N
J-D
*75%
*60 V4
8%
67
56 Va
n
.
i 109%
V
J-J
70
49
54
./-'I ■'
31
107%. 109%
44
100
213
94%
237
97
,
99% 100
101 Va
99 Va
100
47
63
39
48
28%
37%
108%
109%
19
49%
51%
41%
41%
6
34%
A-O
37%
116
•
'
'
"
1
~
.{
,,
•/•r; 37%"
'
,
„
99 Va
98%
100
I
T-H.
' '
.
.
.
V
J-D
57
'
103%- 109%.
98%
M-S
53%
62%
100% 101 %
>
101 Va
1.
5
13
,
*42
-.:
T
53
75%.
3
56 Va
68 %
52%
56'/a
52%
'
F-A
70
68%
J-D
J-D
M-9
.
4%
78
J-D
38
& Iron 5s
'X
M-N
J-r.
109% 109V4
*110%
'
X
2
"
■
:
>>
'• •'
' *109
*
jj. :
109%
■
111
109%
*111
F-A
110'
'
.
73 Va
1948
1950
1977
1981
1961
_iy72
1973
1945
107
77
71
'
77
■;
;
J-J
361
52
50
69V/a
51%
50%
67%
50
M-N
85%
,-i- 85%
*82'%
51%
J-J
69%
V
•v
•
5
52
46%
•
•'
46
•
50 Vi
65
31
69%
*
J-J
"**
'
t
.
107% 108 Va
106%
8
108 V*
-r
'/
*105
M-N
F-A'
/
-
'■'%
«./■
*106
,
/
—-
F-A-
*105%
J-J
-
'■
*105
73
A-O
%
78
A-O
70%
70 %
A-0
63 Va
63 Va
64
J-D
inc mtge__—1970
1980
—
A-O
Af-N
—
—
*103%
85
■
74%
)'
75%
78 Va
57
64%
70%
81
59%
64
80
85%
__
85%
.
22
78'/a
69%
71
27
74
78
A-O
--4
__
.
15
■
>_
85
114 %
1960
page
84 Vi
115% 115%
•
1954
4Vis
109%
113
84%
1944
gold 5s
108%
108 Vi
1946
4Vis
equipment trust ctfs
Coll
•
J-J
A-0
F-A
J-D
F-A
M-S
J-J
J-J
17
14'
J-J
1957
July 1969
5s_
109
—1991
>1990
1970
—1977
Coal River Ry 1st gtd 4s
109
A-O
A-0
26
24%
5
J-D
Cleveland Elec Ilium 3s_
D
38
39%
78
136
24%
24%
—1993
4%s series E——1977
1st coll tr gold 4s
Series
38%
35%
J-D
& M Div
Cleveland
38 Va
212
24%
—a.—1993
General 5s series B__——
Series
Vi
38%
34
2
163
Louis Ry—
gold 4s__
Ref & impt
37%
38%
37%
—1967
Term 1st gtd.3%s D—>197L.
gtd 3%s series E_——1969
mtge
33%
33%
27
38
37%
36
—
Cleve Ciri" Chic & St
General
34%
44
A-O
Union
38%
26%
Af-N
Cin
34%
33%
42%
-
a
3%s.
30%
25
—1957
mtge
32%
10
125
J-J
1988
5s————-1943
5s—
122
38 Vi
43%
J-J
Debenture
36
37%
J-J
Cleve Union Term
1966
6%
34%
37
37%
F-A
—
——.—
Union Station—r
Cleve Short
California-Oregon Power 4s
4%
„
32
M-N
>1934
r—>1952
-——-I960
Cin Wab
—
811
25
JAChoctaw Ok & Gulf cons 5s—,—1952
Cincinnati Gas & Elec 3V4s——>1966
,/
Af-N
1934
6V4
J-D
5s>—>1951
1951
1st gold 4s~
—1951
3%S-
Childs Co
105%
83%
114% 114%
101 %:•
22'/a
J-D
>>———>1927
series E—>———1963.
F>»
1963
Chic & West Indiana com 4s—
1952
1st & ref 4Vis series D————1962
,39%> 45%
16
' 105% 105%
18%
M-N
1st mtge 3 Ves series
1st
104%'
1,013
J-D
1st mtge 3% s
*100%
104%
104 Vi
94%
68
V 30%
.
80
73%
42
44%
48
21%
stpd
80
75 Vi
30 Vi
102%
78
92%
44%
48
45%
Af-N
1st 5s—>1960Income: guaranteed 5s>
Dec 11960
ACertificates of deposit— __>——:—.
103%
102%
*95
45
91
37
M-N
Chic T H & Southeastern
i
14
79
5s
1st
Railways
Memphis Div
103%
*102%
79
i'.-
48 Vi
46
35
M-N
1949
gold 4s„.—
Secured 4%s series A
Chicago
*102
47
44 %
44 %
:
34%
35
372
M-N
—May 1 2037
C
25% part paid—
§ A
104%
103 '/8 103%
4%s
ref
&
AConv
105
12
103% 104%,
———
Chicago St L & New Orleans
100
6
A-O
registered
§ARefunding
87%
■'•.
; Af-N
} J-D
Af-N
F-A
J-D
__1957
5s
Term Bldgs 5s
registered—————
3%s
JAChic R I & Pac Ry gen 4s
ACertificates of deposit-
■
at
Bush Terminal 1st 4s
Consolidated
5%
St L Div
(interest
^Burlington Cedar Rap & Nor—
§ A 1st & coll 5s_»
ACertificates of deposit-—:
Bush
20%
A 1st
66
Buffalo Rochester & Pgh Ry—
due
21
66
•
82%
87 Vi
99% 100
Af-N
F-A
Af-N
—
59%'
6
~1
130
F-A
-
-
103 % 103%
A-O
J-J
M-N
-
66
87%
87%
^A
F-A
M-S
M-N
1950
1967
1955
Bklyn Edison cons
1946)
F-A
1975
adjustment 5s——Jan 1 2000
AConv 4%s series A—.
*44
J-D
■
C
1st M 5s series II———
1st gold 4%s series JJ
—1961
1st mtge 4s series RR
1960
AInc mtge 4Vis ser A—»_July 1970
to
47%
43%
40%
134
M-N
51%
60
18
66
65%
65 Vi
F-A
1960
Consol mtge 3 Vis series H—>>-1965
Consol mtge 3s series G>>_
3%
47
1987
;
Beneficial Indus Loan
modified
47 %
47%
tSAChicago
J-J
J-J
J-D
/A-O
J-J
A-0
3-D
. A-0
A-0
J-J
—1951
stamped
1951
Battle Creek & Sturgis 1st gtd 3s__19B9
Beech Creek extl 1st gold 3%s
1951
Bell Telep of Pa 5s series B
1948
1st & ref 5s series C—
>—1960
Stamped
46%
J-J
>1987
AStpd 4s n p Fed inc tax
1987
AGen 4%s stpd Fed inc tax
1987
AGen 5s stpd Fed inc tax
1987
A4%s stamped—
—
>1987
§ A Secured 6 %s
1936
A 1st & ref gold 5s
May 1 2037
A 1st & ref 4%s stpd
May 1 2037
•
4s
Y Air L 1st 4s_„„1955
M 3 Vis—
>1966
gold 5s
1950
Bklyn Union Gas 1st cons gold 5s_1945
1st lien & ref os series A__
1947:
Debenture gold 5s
__1950
1st lien & ref 5s series B>
,>_1957
Buflalo Gen Elec 4Vis B
—
1981
Buffalo Niag Elec 3 Vis scries C—1967
47%
F——May 11989
AGeneral
47
49%
f ABoston & N
J-J
series
M-N
56%
J-J
Bklyn Union El 1st
series E———May 11989
4%s
M-N
28%
A—,.——1959
& Maine 1st 5s A
4%s
M-N
37%
27%
45%
1944
227
1987
37%
28%
52%- 55%
Boston
32%
37%
47
Big Sandy 1st mtge 4s—
Blaw Knox 1st mtge 3 Vis—
28
47%
4s
Af-S
55%.
& Aroostook RR—
ref 4s_.
.
—
44 Vi
47 Va
^Chicago & North Western Ry—
AGeneral gold 3%s
—-1987
41%
F-A
J-J
Con
37%
35%
181
Pgh L E & W Va System—
Ref gold 4s extended to..—1951
S'west Div 1st M (int at 3%%
to Jan 1 1947) due.*
1950
Bangor
43%
47 Va
'••TV
M-3
D (int at 1% to
due
2000
(int at 1% to
Sep 1 1946) due
»——1996
A Conv
due„
»-Feb 1 1960
Sep 1 1946)
Toledo Cin Div ref 4s
44 »/<
J-J
8%
75
66
32%
325
Ref & gen ser
Ref & gen
60%;
277
J-D
1995
due
1946)
1
Dec
to
62 %
J-J
fChic Milw St Paul & Pac RR—
A Mtge gold 5s series A—
64%
(int at l'/5%
C
ser
%
59 Vi
427
J-J
ACouv
1995
due—.—
1946)
1
Dec
64%
(int at 1% to
Ref & gen ser A
Ref
62%
——May 11989
AGen
._—July 1948
Stamped modified bonds—
1st mtge gold
(int at 4% to
gold 4s
4s
A
.8%
6%
31
gold 3%s series B—May 11989
4%s series C——May 1 1989
series
42%,
6%
32
8% '
AGen
mtge
71%
69 VA-.
42%
34
A 1st
RR—
37%
,121V*
41
A 1st
106
32
118
.
»
67%
■
J-J
Chicago Ind & Sou 50-year
B
1st
105
119
,
J-J
.——1949
>1958
Chicago & Erie 1st gold 5s
101%
105
105%
105%
118%
__
102
*119V4 121
.
132
102%
1977
1st &
31:
•
100%
2
*106Va
131
1
19
1949
4s——»_
105
1st & ref 4%s series B—
•
130'
88%
Division
35
105
A-0
—>1949
registered.—
General 4s
a
'
'103% 103%
88
M-S
cons
registered
4s
/
-
,
113
46
103% 103%
103%'
J-J
3%s
Illinois
V
Chicago &
112%
*109%
1st
Div
9
104% 105 V3
J-J
A
Chicago Burlington & Quincy RR—
Illinois division 3%s
1949
:
112% 112%
,112
112%
131% 131%
105%
F-A
gold 4s—1989
106%
♦100
M-N
J-J
116%
5
M-S
1996
1996
2d consol gold 4s—
1989
AChicago & Alton RR ref 3s—1949
106
170
.
1992
gold 4Vis
impt mtge 3%s D
impt M 3%s series E
,1946
R &
*100
105%
&
Potts Creek Br 1st 4s
70
.
&
Ref
'
AGen
Ohio
111
A-0
AGen
&
24 Va
3014
20
111
AGen
Baltimore
75;
71
*19
AT-O
>1962
3%s
24
F-A
108%
M-N
J-J
J-J
Refining deb 3s_>.
Atlantic
108% 108%
60%
1953
Atlantic & Danville Ry 1st 4s—
108%
110%
1952
1948
1948
18%
156
108%
-103
1959
—Oct
107%
3-D
J-J
Atlantic
L
23
V
M-3
'
1st
30-year 5S series B_
——1944
Coast 1st cons 4s—„July 1952
General unified 4 Vis A
—1964
108% 108 %
J-J
1962
Charl A L 1st 4%s A—1944
Atl &
108 V a
J-D
1958
ref 4%s A-
Trans-Con Short L
135
22%
.>>>>1987
Power
Cenam-teed
J-D
Atl Knox & Nor 1st gold 5s___-—1946
24%
22
1954
gold 5s_
.—I960
SACeniral RR & Bank'g of Ga 5s__1942
105
Nov
M-N
J-D
1910———I960
gold 4s of
104
A-0
1955
——
27
\
74%
23%
22
Guaranteed
:
,
1995
Stamped 4s—
-—-———1995
Conv gold 4s of 1909——
1955
Adjustment gold 4s—•>>>—
Conv
104% 105
J-J
1995
._x»»;
105
Jan
Q-J
Af-S
F-A
'73%
23%
Through Short L 1st gtd 4s_
105%
v
74
J-J
Central Pacific 1st ref gtd gold 4s_1949
82%
104
A-O
'
Anglo-Chilean Nitrate deb———1967
fAnn Arbor 1st gold 4s^——_»_1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B——1955
1st sink fund 4s series C (Del) >1957
General 4s
108
.
78%
16
V M-N
A
Atchison Topeka
107
104% 105%
A-0
J-D
M-S
-1962
3s:
152
82
.
105%
-
,
Wks & Elec 6s series A—1975
Wat
'21
>81
J-J
4s_
Y
N
110%
110%
4s—,>—1961
1987
—1987
1st gtd
registered_>
Central
*110% 112
'
J-J
1949
American Telephone
Telegraph Co.~-^
3Vis debentures———1961
3Vis debentures
;»:
:—:—;
1966
3s conv debentures—_——1956
Am
-107% 108
81
105%
103'A
10
Af-N
.—194a
Corp conv 5%s__,
Internat
Am
i
5 Vis
G Chem conv
Amer I
105%
A-O
I960
N J gen gold 5s
registered
4s
Allied
Light 3%s__,
77%
AColo & South
ACertificates
Columbia
4%s series A
of
& E
G
Debenture
deposit
deb 5s
5s
1961
Columbus & H V 1st extl gold 4s__1948
Columbus & Sou Ohio El 3V4S
>1970
Columbus & Tol -1st extl 4s>—i
1955
Debenture 5s
AComraercial
101 Va
104% 104%
7
104%
98%
99%
21
95%
99 Vi
1st
92%
93 Va
11
91
93%
Conv
Income
deb
;
Mackay Corp—
w w
Apr 1 1969
28'%
29
28
28%
96
95%
96%
95 %
96 3 4
93 Vi
92 %
94 V2
28%
-X.
—>-
May 1952
Apr 15 1952
Af-N~
A-O
198
24%
29 Va
45
25%
28%
210
92%
96%
39
9?
96%
157
88
'
J-J
'
94%
*109 %
A-0
110
M-S
110
*114%
F-A
66
May
65 Va
110
—
67
6
—
4
108%
110
112%
112%
54
67
Commonwealth Edison Co—
mtge
3%s series I
debs
3 Vi s
1968
1958
J-J
111% 111%
J-D
■
,
—
112 Va 113
10
110%
111%
5
108%
113
THE COMMERCIAL' & FINANCIAL .CHRONICLE
BONDS
Week Ended Feb.
Last
Period
Sale Price
19
or
.1943
Riv 1st *s
& ref 4%s____„_ .1951
.1951
Stamped gtd 4'As—
.1961
Conn River Power s f 3%s A
& Pasump
,
!
A-0
,
"108
J-J
F-A
109
HL
100%
108
108,
108
2
.1948
debentures
3%s
.1946
—
3'As
.....
debentures...—,
debentures—
fAConsol Ry non-conv
50
105%
106 Va
10
106%
107%
15
106%
108
16
103%
104%
5
31%
35'A
f 5s
s
107Vit
107 V a 108
104'4
104
J-J
104%.
.
,
.35% .35%
104%
35'A
MM
34%
J-J
J-J
.35%
2
33
,
34 'A
"'"5
32
35%
94 Va
12
92
96
/
•
Co—•
,
>1965
M-N
.1967
3V2S..—
.1970
1st mtge 3'As
—...
1st: mtge ,3%s._—... .1966
.1969
1st mtge 3'As.
M-N
1st
mtge 3'As—
M-N
1
'
,1,
M-N
A-0
.1942
J-D
'
s"
■
•
—
B
95
35
15
32%
35
29
37
27
29
38
40'A
A
,
v
v.
40'A
13
31%
32%
26
30
1
36
38
29
MM./
:
29
2
27%
29
29
29
10
26%,
29
7
97
97
97'A
10
96%
97%
"37'A
'
MM"'
t
A-0
39
Low
High
60%
series
78
56%
60'A
227
42%
85
85
"66%
70
63%
66
61%
63
22
58
63
63
46
45
45'A
5
42
45%
49'A
49'A
16
47%
50
54
54%
21
48 'A
54'A
62%
69
,
95
67'A
67%
49%
49%
50'A
140
47%
51%
44%.
44%
46
164
43.%
46%
89
88%
89'/?
143"
82
26
26
26%.
32
v
.
105
,
.
•;
■.
.......1956
__._1944
A-0
J-J
J-J
-
31
104
193
10'A
11%
351
6%
30%
31%
54
23%
31%
30'A
30'A
31
77
23%
31%
46
J-J
46
;
F-A
J-J
F-A
M-S
48%
104
104%
M-S
,
113
104%
67%'
38 V A
48 »A
104%
104 VA
106%
1
94%
92
99%
95%
68%:
70
,
12
103
67%
70%
32%
24VA
1
94%
94'A,
"99% 100%
•
.
9-'
106'.A 106%
M-N
.
102
32%
30%
.A-0
,
101%
30%,
11%
;
.
105'A
102'A
*4:
'
27%
108'A
104%
16
105%
"101% 102
103
103%
A-^O
J-J
,
....
89%
24%
108 V3
,
";08%
A-O
,
.
1956
.
"79
A-O,
Paper 5s series. A & B
1947
Ref sink, fund 6s series A.....*..1955
t
45 V'a
85%
M-S
,Int Rys Cent Amer 1st 5s B
1972
; 1st lien. & ref .6%s
^
1947.
Int Telep $1 Teieg,deb gold'4,'As..,.1952
Debentures 5s-.-.
............1955
t A Iowa Cent Ry 1st & ref 4S.....1951
__
45
"82
J-J
.
A.-_July 1952
B
58%
J-J
«
Internat
'
J-D
.
A 1st '5s
1
29
MM'
•
—
Adjustment 6s series
;
A 1st gold 5s series C_*i
Internat Hydro*El deb 6s
32'A
38
;
receipts—_——..
.1946
extended to.
receipts.._—*—
Publishing Co 3s deb—.— .1955
Curtis
93
.
J-D
.
,'j a Inter-Great Nor 1st 6s scries A-1952
38
MM
J-D
■
series
35
45
J-D
..1963
Interlake Iron
94%
59%
J-J
F-A
4
luspimtjon Cpns.Coppe>v4s-.-..i.-1952
co'nv deb 4s^;_^..._1947
110
101%
40'A
MM
...
108%
Range Since
January 1
.
No*
J-J
,
.3'As series B.:.____ii986 \
^Inland Stgel ls^ mtge 3s' series F..1961
108 %
107%
101
Sold
J-J
.
Tnd Union Ry-
"
-
ADeposit
111%
28%
V
J-J
receipts
.....
.1946
A7'As series A extended to,
ADeposit
8
110%
34%
;;
—,
ACuba RR 1st 5s gold.....—.— .1952
A 6s
/; 3
110%
93%
93%
,
receipts
ADeposit
108'A
"109'A 110'A
'l
J.
J-D
ADeposit
22
308
' '
MM'-'
108% 109
'
Crucible Steel 3'As s f debs—,— .1955
§ A Cuba Northern Ry 1st 5'As
111% 111%
111%
;
.
Ind 111 & .Iowa 1st gold 4s„;_.___il950
tAlnd & Louisville 1st gtd 4s_...il956
109%
109% 109 V2
M-N
.1950
debs..—
Crane Co 2'As s f
8
109
109
Bonds
High
J-J
J-J
F-A
.
St. Louis Div & Tertn gold 3s...-1951
Gold 3'As_.._.
........1951
1st & r$f 4%s series C._...
i\
;
"110% 110%
MM*
Friday's
J-D
.
,
111 Cent find Chic St L &' N 0-+^
■■
r Joint 1st ref 5s series A—A.*._..1963
,
'
1st mtge
or
F-A
.
j .Springfield Div 1st gold 3%s..._1951
Western Lines 1st gold 43..—...1951
35%
34 Va
93 Va
J-J
*
.I960
Week's Range
Last
Sale Price Bid As Asked
M-N
,
'
.1956
—
Power
Consumers
105% 106
J-D
,
.1955
—.
4s
Coal
102%
J-J
deb 4s.._ .1954
4s
A Debenture
38
167% 107 Va
A-0
debentures..—*— .1958
Consolidated Oil conV deb ,3 'As... .1951
A Debenture
103% 104
A-O
3%s
Consolidation
l'
4
■
Period
Refunding 5s.
!
1955
40-year 4%s—
.1966
Cairo Bridge .gold 4s—;—,..-—1950
i L(tchfield Diy 1st gold' 3s...
..1951
: Louisville Div & Term gold'3'As_1953
Omaha Div 1st gold 3"s_
1951
111
10534
A-0
:
Interest
,
„
Illinois Central RR—(Continued)
Consolidated Edison of New York3'As
:
Low
108
110%
MM
Friday
Stock, Exchange
Week Ended Feb* 19
>
.
High
100%
M
110% 110%
Ml
Low
.
MM
—
,
York
New
4
;January 1
No.
'
"112
Range Since
Sold
High
*100
.
J-J
Conn Ry & L 1st
Bonds
Friday's
Bid & Asked
Low
Conn
BONDS
Week's Range
Friday
Interest
Stock Exchange
New York
Monday, February 22, 1943
71%
190
2%
55
84
2%
2%
50%
50%
51
96
96%
5
145
68V2
63'A
66
%.
71
%;
3'/4
1%
D
Dayton P & L 1st; mtge 3s
Delaware
106 3 »
J-J
——,*1970
61
r-
61
105
J-J
105
106
26
311
21%
26%
1
22%
27'A
6
105
3%
6'A
5%
5%
169,
■:.3%
5%
Kansas City Soutliern Ry
21'A
22%
224
18%
22%
fADenv lz R G W gen 5s—Aug 1955
AAssented (subject to plan» ——
F-A
6
5%
F-A
5'A
,1978
A-0
21%
106
'
25%
J-J
25%
!
26 'A
26'A
26%
107
Kanawha & Mich
Ref
&
impl
'Kansas City
J-J
A-0
3'As series G—1966
M-S
Gen
&
mtge
ret
M-S
-.--1970
Detroit Si Mackinac 1st Hen gold 4s 1995
gold 4s_—_————.1995
A Second
105%
"43
M-S
107 'A
Ry Minn Nor Div 1st
East Tenn Va & Ga Div
(NY) 1st cons gold 5s_—,.1995
Elec Auto-Lite 2'As debs——
..1950
149
J-D
Elgin Joliet & East Ry 3'As.
,.,.1970
El Paso Si S W 1st 5s*.—,——_—-1965
M-3
stamped—-.-—_—__—.1965
A-0
Railroad Co—
'
40
48
F-
43 %
4'As
16
26
32
85%
92
8
102%
103%
Koppers Co l.st mtge 3'As——1^61
:T
106%
108,
Kresge Foundation 3% notes.___.1950
-
27%
,' '.1
110%
18
23
1st
27'/2
109%
5
107
6
103
,
72%
Coll
34,;.
149
100%
101%
102'A
73%
149
104 ?
64
.
,65
—
&
ref
J-J
95
J-J
Lake Erie & Western RR-15S extended at 3%
3'/2S
72
M-S
95%
185
92%
96
57%
58%
291
55%
58'A
"99 Va
'
—
to:
jAFla Central & peninsular 5s—-1943
J-J
1st 4'As.—1959
.Alsi &.rei 5s series A—:■
.....1974
99
99%
21
99
101%
35
76%
—
.
A
Certificates
of: deposi t—
101% 101%
"79'A
82
81
82
M-S
26'A
24%
26%
289
"
„
M-N
Food
19%
24%
42
4%
7%
51
102% 102'A
6%
11
4%
102'A
110'A 110%
"47%
85%
Gas & Elec
80 Va
5s
of Berg Co cons 5s.*.—1949
5'As—
.1940
%
J-J
98%
83
98
J-J
7%
"100
J-D
J-J
-1973
J-J
mtge 4s series H-__———1946
Gen
mtge 3%s, series I_—1967
23
30
36'A
13
30
106 'A 106 Va
109
28
102%
97%
99%
110
"108%
102%
A Debentures
ctfs
deb Ctfs A—......
B——
4-
83 %
90
251
83%
89%
90
99'A
101'A
100%
100% 101 %
J-J
100
100
80%
.Gulf Mob,& Not 1st 5%s B—_
1st mtge
-1950
AGen mtge inc, 5s series A—
RR—
86%
90 JA
88%
90
A-0
A-O
91%
Jnf
73'A
J-J
,57%
&
,.2015
94
'91
..
100%
118
81%
243
99
100 'A
75%
Gulf States Utll 3'A# veries
73'A
57%
66
5
10
96
'
9'A
66
'.:--5S
82V.
3
91 'A
91%
69%
54
A-O
103% 103%
—
-/
110'A 110'A
20
.
1
127% 127 %»
"99% 200
tSAHousatonic Ry cons gold 5s_—1937
Houston Oil 4'As debs
!
1954
M-N
Hudson
Coal
Co
Hudson
& Manhattan
A Ad J
1st
Gas
s
f 5s series A—1962
1st
gold 5s
1st
.1949
5s
A
102'a
1033i
110
110%
M-N
103 %
J-D
40%
89
89
40%
69%
25 Va
330
19%
J-J
A-O
102'A 102%
page
*92 %
—
—1951
A-O
..1955
I.
M-S
..1952
M-N
..1952
.1953
708.
"44%
98
13
7
101%
103
97'A
98
92%
—
93
47
45%
46%
45
44
58
59
60
5259 VA
,
53%
52
68
Bridg^ Co gtd ^sz..'.
29 *A
35%
28
33
34 VA
.33%
32%
32%
5
M-N
36%
36
36%
103
323b
31%
34
M-N
39'A
43
35%
40'A
19
55'A
61%
34%
*33%
60
116
A-0
40
59
116
306
34
38%
:a-o
j-j
106%
109
,
;; 5
106'A 106%
A-0
109
F-A
"
,
109
9
;
122% 122%
;
' 4'.
%
36 VA
115
116
105'A
107'A
109
109%
121'A
122 »/2
106
-4,
"106
A-O
104
106
,
104
3
104
104
99'A
99%
5
"99'A
99 VA
99% 100 «A
188
98 VA
100%
99% 100%
109% 109a4
121% 121%
109
98%
100%
100%
M-S
A-0
F-A
:
2
55
84
84%
■
122
121 VA
78'A
84%
4'
109%
109V«
104%
,U04
M-S'-;
109%-110
35
104
84%
109VA 109%
*
—
104% 104 %
A-0
..2003
4'As : series 0-z.izJz- 1.2003'
1st & ref 4s se^s-D;;—— .12003
•-lst'&-ref 33As'series"'E_:.r:.__r .12003,
& -ref
AV-O
1
A-O ^
J-J
•*:, 91
--'V
Paducah Si Mem 'Div As*.!.-*."— ;1I946
M-S
J-J
94'A
3
'88»A*
-
97
91%
78
13
103'A
104%
108% 108%
.
,
-" 4 ■:
104% 104 %
80%
82
82
85
87'A
108'A
108 VA
2
104 Va
105
8
78'A
82
*
"105% 110%
M-S
Mob&.Montg-lstgoldA'As.*.. .^1945
104 Va
103'A
61-
104% 104%
F-A
2d "gold 3s_r.ll— ..1980
32
97
87%
86'A
J-J
,11960
■91
91
95%
•96%
86%
A-0
111950:
ext.il:
4s- scries B' ext...—
96
,
.9534
"110
M-N
96
116
94
109VA
.
96 "
110
51'A
J-D
M-N
50 %
47
52
48
46%
48 Va
54
43%
48 %
Mefop
52
50%
52%
200
46%
52'A
t§AMet W Side "El
■
Metrop Ed- 1st 4 %s -series• D_ 11—..I960
Wat
SewDrain 5%s__—1950
(Chic) - 4s_—1938
89 %'
17
843A
49%
51'A
50
14
47'A--50
51%
10
49 VA
89'A
"22
52'A
69
"39
40'A
39
•39
A-O
"162
103',2
102
103
A-O
"100
101'A
j-j
.
Q-A
Q-A
McCrory Stores aeb; 3%l._._l——11955 McKesson ;& Robbins" 3'Asill..—1956
51% '
-
"32%
M-S
'Stamped.
—i
*•!—'
St Ryf 7s series-'A.V.Apr 1940
"(Stamped-modf ext 5s_—
1945
J-J
51%
:m-n
J AMarket
54%
89
J-D
M-N
342
■
M-N
4s*-seriei A^l".1.1945
•
65
513i
.
71;
68'A
M-S
Gen mtge
—
5312
•,
67'A
66%
M-S
Manatl Sugar 4s
'
—,
see
97'A
"92 %
MM
4
21
46'
J-J
;4'As "series Al.i—Ai--1960
sink fund—Feb 11957
AManila ElecrRR &' Lt s f 5s:.—11953
Manila RR (Sdirthr Lines) -4s__.-—11959
J5AManitowoc Green, Bay <fc North•"
"western 1st "gtd 3%sl_i_r———1941
Marion; Steam Shovel s f "6s_——1947
25%
..1951
71
67
58
F-A
,il945r:
:Maine Central'RR
,
24 'A
..1951
71%
43 %
25
102%
46
87
713A
104
117%" 118
A-O
J-J
44 'A
1
71%
*66 %
M—N
..1952
South Ry "joint Tnonon 4s_
Afl^Kiibxv-&(,Cfnic OiV *4si'J.il_ :_1955
52%
3'As
Purchased lines 3'As
Col'ateral trust gold 4s
footnotes
103%
46%
1st gold 3s sterling.
Collateral trust gold 4s
F«r
3
324
J-J
89%
«A
85
52%
_
gold
Refunding 4s_
14
130
80
51%
..1951
gold 3'As
1st
7'
52%
1.1981
81
96
86
71%
66%
tjnif mtge
128
F-A
23As series
75
043A
87
"84%
,
...
.
XJnif rfitge;3lAs series A
98% 100'A
1957
1st gold 4s
1st
41%
117% 118
Illinois Central RR—
Extended
85
103'A 104
40'A
127
V
Feb 1957
income 5s
Illinois Bell Telep
83'/a
M-N
82%
17
2
M-S
&JVrk 1st "5s series fil
"Elec 3'As———
St Louis Div.
A-O
Hudson
78
»A
82
18
.11966
1st
;
*1999
63
"87
(P) Co deb- 7s_-——- *.1944
deberiturei.—- ..1951
"1st ;&'Tef hs^serres
.
J-J
Co 1st mtge
82
52
60%
80
J-J
59'A
—.1944
(R)
:
96
.11969
74
80
58%
H
Hoe
80
82
81%
s'ink-.lund;5s—.r*-.**_.1974-/,:; F-A
Louisville'lfc TSTashyille: RR—-
*
Hocking, Valley Ry 1st 4'As——
5
22
87
79 VA
stamped^.
95
87%
27
1961
.
.7;
87
96
Lou! & Jeff
10%
29
'
"95
M-N
90
99% 101
83'A
87%
■*-
59
59
Louisville Gas &
1
91%
J-J
D—1069
90%,
86Va
'
F-A
stamped^——..————1964
Louisiana
65
94%
'74
1952
—
99% 100'A
86'A
43
.
82
:
F-A
Lorillard
81'A
"
ref Term
12
266
"99 Va 100'A
.
.
M 5s jstpd
Gulf States Steel s f 4'As
1st
9 %
—1950
5s series C__;
.Gulf Mobile & Ohio 4s series B—1975
Gulf & Ship Island
66
Feb
102 %
2Va
99'A 100
89%
' 'e
Long' Dock C<y 3:V<s ex't to—i.— -1950
Long lslahd."urtified-4s_i-.._*^-- *.1949
:.1949.
; Guaranteed rfef "gold"
.
.11949
i' 4s stampede—
92%
89
89%
Feb
108'A
101 "2
2'A
"100
5s—__1964
97%
53
90
88
4
AGreen Bay Si West
2(4
99%
M-S
Little Miami gen, 4s "series A—*. A1962
89%
81%
-
107'A
105'A
102% 102 %
-
106y»
106
107
707% 107%
'
..
106%
89 %
J-J
106 »A
105
*106
107%
.
56
J-J
,
86'/A
"82.,
J-J
4
106% 107'A
99% 100
,100 'A
88%
General 4'As series E——.1977.'
General ;mtge 4s series G—_
41946
Gen
99'A
105'A 106
J-J
General 5s series C—
36%
98
19
109% 110
105%
46
85
A-0
:
Lehigh Valley RR—•ft-"
!
4s stamped modified..——L...2003
4s- registered——2003
*'
4 % s' stamped; hiodif led—-™_-~2003
4 'As registered.—2003
5s stamped modified—.,—;—..L.2003
Leh Val Term Ry~ext 5s
—.—1951'
Lex & "East 1st 50-yr 5s gtd——1965
Libby McNeil &.Libby 4s—1955
Liggett & Myers Tobacco 7s———1944
5s debenture.———-—--l---,-*---1951
"94%
.
J-J
General 4'As series D-*,——.U1976
28
106
106% 107.;
V 106%;;
M-S
General 5'As series B————1952
23
35'A
J-D
-Grays Point Term 1st gtd 5s_..—I947v
Great Northern 4'As series A.——1961
98%
20%
.23
46
85%
84%
82
J-J
Steel Castings
50
J-J
—1974,'
Leh Val Harbor Term gtd 5s_—1954
iLehigh Valley N Y 4 'As ext...—-1950
5s
8 >4
J-D
jAGeorgi.a & Ala Ry 5s——Oct 11945
$SAGa Caro & Nor 1st ext 6s—...1934
Goodrich (B F) 1st 4 As—..—1956
Gotham Hosiery deb 5s w w_—....1946
73 »A
69-%
74%
109
110%
lll'A lll'A
"93'a
,
Gen
32
"112
,
Dec
,
,
stamped..........——.j.1954
.V. fist"At ref"
102 Va'
5
6%
M-N
5s
1st & ref sink fund
26%
8'/a
6%
J-D
Machinery Corp 3s debs
1956
6s—.1956
Francisco Sugar coll trust
53
-<
stamped^—_—
—1944
1st & "ref sink fund 5s..;——*.1954
x.
20
.
(Proof of claim)——*.1982
A Certificates
of deposit—.—._*.
110'A
5s
82
tFonda Johns & Glover RR—
3A2-4s
74
J-D
J-D
;
.
registered...._________—..1997
Lehigh & New Eng RR 4s A——.1965
—
J-D
JFlor.da East Coast
,
101%
72%
J-J
Lehigh & N Y 1st gtd gold 4s—-.1945
M-N
66
73%
A-0
.1947
.....
iLehigh Valley Coal Co-—
Firestone Tire & Rub 3s deb—....1961
62'A
.
A^st mtge income reg
—1973
.Lehigh Coal & NaT s f 4%S A--—1954
Cons sink-fund 4 %s series C-,—1954
"106% 107
...
124
F-A
-Lake Sh & Mich Sou gold 3 'As—;1997
73%
94%
57%
M-N
65'A
F-A
v
5'As series D...*i..-.-1960
iLautavd Nitrate. Co "Ltd—
.....1.1995
AGen mtge ine 4'/as series A——2015
N Y &!Erie RR extl 1st 4s
1947
Ohio Div 1st mtge 3'As,—,—1971
64%
A-0
J-J
J-J
J-J
J-J
J-J
" J-J
J-J
M-S
M-S
M-S
—------..1954
6%s
•Laclede Gas Light.extd 5S---A.—il945
Coll & ref 5 V2S series C--.>'.i-^.1953
105
"v7
13
ref
&
tAKreuger.& Toll 5s ctfs.—.—.1959
108"
105
"70%
1
61%
61
74%
72%
110%
149
101'A 101%
73%
74%'
J-J.
a-0
unguaranteed-*,^
23
"102% 104
A-O
73 »A
72%
64%
J-J
.._.__..19GF
Kings County El L & P 6s
.1997
Kings Co Lighting 1st 5s... J.L--41954
.
k
1st cons M 4s series B
-
1
,
.J....1961
Plain
106%
149
101'A
5s
104%
105
J-J
Erie
18
107% 107%
M-N
Ed El 111
111 Va
29'A
110
A-0
4s——.1948
1st 5S—-1956
Term 1st 4s.
.
86
74%
'
:1950 ; ;
..Apr 1950.
:_._..1960
92
27%
51
96 %
4
107% 107'A
J-J
East
112%
111
J.
1st. 3s
5s
"87%
A-0
A-0
Kentucky Central gold 4s.i_.
1987,
Kentucky & Ind Term 4'As
—.1961
Stamped .....
,_.__.i.._^_._.*.1961 ••" '
91%
111%
103'A 103%
A-0
Duquesne
8%
gtd gold 4s._1990
91
91%
J-J
gold 5s._il937
Light 1st M, 3%s_.
..1963
.
6%
89
1st
29
M-N
tSADul Sou Shore & Atl
2
105% 106
J-D
Tunnel 4'As—
1961
Dow Chemical deb 2'As
1950
Dul Miss & Iron Range Ry 3%s___1962
Term &
26
111% 111'A
mi:
lll'A
J-D
ref 3s series H
&
Detro.i
;
91%
J-D
Geu
8%
91%
8
JADes M & Ft Dodge 4s ctfs.;
1935
fADes Plains Val 1st gtd 4%S—.i-1947.
Detroit Edison 4s series .F—*——1965
46%
94
K
108%
.
'
ARef & irnpt 5s series B—
21
108%
106%
104%
106
J-D
J-J
nAK c: Ft S & M Ry ref gold 4S.1936
ACertlficates of deposit
J-J
—
.*.1959.
Laughlin Steel 3'As..—,.1961
10
JSADen & It G 1st cons gold 4s_._1936
SAConsol gold 4'As——
,.1936
4'As
ref
Jones &
61
56%
23 :
106'A
J-. J
mortgage 4'As—
990
106
105
J- J
1969
&
1st
Frankl it Clear 1st 4s^
—
59%
f
-1969
1st
107
f James
"101'A
M-N
105%
106% 106%
J-D
3%s series B—1965
1st & ref 4s—.1943
Power & Light 1st 4'/2sL_1971
Union Ry
Dayton
Delaware & Hudson
-
93
A-0
"105%
J-J
107'A
M-S
112 Va
93
--
107'A 107'A
112
112'A
A-0
90 Va
90'A
F-A
*6%
10
89%
933A
105'A
105%
106'A
107'A
lll'A
U2%
84
6%
90
%
6%
Volume
& FINANCIAL CHRONICLE,
THE COMMERCIAL
Number 4153
157
707
NEW YORK BOND RECORD
Friday
BONDS
Exchange
York .Stork
New
Interest
.
Last
..
Friday's
»or
Sale Price
Peri«d
19
Ended Feb.
Week
-
BONDS
Week's Range
Bonds
;
York
New
Range Since
•••
Sold
Bid & Asked
Week
January 1;,
Stock
Friday
Exchange
Ended
Feb.
Interest,
Period
19
Week's Range
Last
or Friday's
Bid & Asked
Sale Price
•
Bonds
Range Since
Sold
•
January
I
1
Low
No.
High
•
High
Low
,
t § AN Y Susq & W 1st ref 5s.^
Michigan Central—
■
1951
M-S
3%s_U_
—1952
Ref & impt 4%s series C——r1979
Michigan Consol Gas 4s_____—— 1963
M-N
Jack Lans &
1st
3V2S__
Sag
:
A
1st
A
Ref
ref
&
ext
&
§ A 1st
consol
73"
5
-
39 'A1
•
31'"
34
13
31
:.
12%
A 1st
Norfolk
1
3%
1
2%
2%
3
2'A
adjust
A Cum
18'A
199
19%
15
16%
18%
18%
19%
19
18%
J-J
19'A
33
15%
6%
40
13
6'A
6
3
3'A
69%
68
J-J
11%
239
M-S
110% 110%
3
109
110'A
A-0
111
111
1
110%
ill
f-4 O
eH O
15
102%
104%
M-S
J-J
75
A-0
33
F-A
*29
O-A
126',4 126%
_1954
F-A
1974
M-S
*116%
1974
M-S
*112
1945
A-0
-1945
A-0
A J.
series
Southein RR
A
5s
44
44%
254
45%
46%
376
39%
Gen
A 1st
A 1st
series
of
A...
4s
39
38'A
J-J
39%
39%
40%
277
35%
40%
A-0
23%
23 %
24%
222
19
24%
177
■
41%
M-S
M-S
41%
13%;
368
11.
13%
-1977
41%
12%
41%
42%
41
F-A
_1975
of
Pacific
Northern
4s
ref
Si
276
35%
45%
-.7
35%
42%
'
A
A
M-N
M-S
50'A
M 5s
Constr
Mountain
5s ext.:*.——1951
gtd 3%S——-2000
States
8%
"
189
36%
Jan 2047
States
Power
126'%
103%
104 %
103
17
103%
—
■
>
...
—
.
;
■
—
•
---•
v
,;.
48
.
1
48
48
48
49%
.*—
80
_
J-J
72%
79
75
17
69
75
43 3 4
45
446
42
45
40%
53'A
*42
43%
52
52
'
_
80
75
Q-A
■
4
26%
53 %
110
50 %
54%
68%
J-J
67
66%
67 ',2
361
66%
J-J
56 3
4
56%
57%
23
55 %
58
J-J
56%
56%
57
27
55%
58
109% 110
9
109%
110'A
111%
112
F-A
109%
42%
406
„—1964
,^-1944
M-S
*111%
J-J
*100%
J-J
MS
4s._—___„_1965
M-N
...
—
41%
35%
95%
5
50%
8
:;91'%
45
1
104
43%
41
O
96%
Ohio Edison 1st
50%
....
101%
1st
Ill
1
.*'■
110
mtge
26
*
106
1
39%
40
89
37%
40%
38%
38
38%
33
i:35%
34%
l.u
31%
'109% 103%
M-N
'110% 116
112
106%
109 %
109'% 109%
7
109%
109%
8
107%
107% 107%
4
107
110
103% 103%
21
102%
104
105%
105%
109
109
109
103%
*104%
M-N
109%
J-D
106% 106%
3
106%
108
J-J
109% 109%
8
109 'a
110'A
110
110%
J-J
110'A
110% 110'A
3
Oregon-Wash RR & Nav 4s_______1961
1st mtge 4'As ser A--—1962
J-J
108:%
107% 108%
49
106%
J-J
99%
99%
16
99 %
Otis Steel
109'%
109
26
---1946
Guaranteed stpd cons 5s__
34%
J-D
1946
Line 1st cons gold 5s—1946
Ore Short
38%
33%
gold 4s
& Nav con
Oregon RR
13%
12
108'A
108
MS
J-D
i—1945
1st 5s
Transmission
Ontario
90%
89
90%
63
13
*100 %
J-D
-1946
-
12''2
13
108%
J-J
1966
3%s_
Elec
&
Gas
debentures.
4s
113%
103%
8
111%
112%
111%
mtge
4s_^_~—^_——-.1967,.
3%s__——1972
mtge
1st
104
34
M-N
355
78%
45
Q-F
'
Co--
1st & ref mtge 3%s—__1967
1st mtge '3'As—
Northwestern Teleg 4'As ext
43%
41%
105% 106
40
M-N
A———1955
B———1955
T & T 3'As—-1968
1st gtd 5s
—-1947
33%
124%
104 '/4
—
Q-J
1997
—
(Wise)
8%
.5%
42%
90%
J-D
series
Mutual Fuel Gas
(Minn)
111% 111%
A-0
105 "A
M 4'/2S
75%
~
3
■
Q-J
—1997
prior lien 4s
& Id gold 3s
ry
Oklalioma
series
Constr
Northern
42%
49%
111%
1st
43%
35%
104
F-A
A-0
Essex
36%
5
312
95%
J-J
Tramways
&
233
41 %
95%
J-D
Morris
42%
40%
38
——A——-1965
Montreal
29%
-4
43
41%
'/2
41
1st & ref 3%s_.—1966
;
73
95
103% 103 »A
AOg & L Cham 1st gtd gold 4s_1948
Ohio Connecting Ry 1st 4s_
1943
F-A
1981
4%S——————I960
Power
43%
35%
deposit-—-
of
debentures
6s
35%
18
7%
Monongahela W Pen 11 Pub Serv—*
Montana
728
41%
Monongahela Ry 3'As series B—1966
mtge
2'A
41%
%
41
A-0
-1980
tij A Missouri Pacific Ry— • '
3rd 7s extended at 4'h —July 1938
Moh'k & Malone 1st gtd gold 4s—1991
1st
4
41%
8
M-N
-1949
gold 5%s——
1st & ref gold 5s series H—
ACertificates of deposit-—
1st & ref 5s series IACertuicales
14%
,
40%
of- deposit—
AConv
*104
—
registered
2047
Ref & impt 4'As series A
2047
Ref & impt 6s series B__—..2047
Ref & impt 5s series C
„2047
Ref (1 impt 5s series D_—
2047
41%
41%
M-N
—1978
series G—
5s
.
ACertificates
•T-
F-A
deposit
registered
41%
deposit—
of
ACertificates
A 1st
-
92
,
39 %
33%
Gen lien
1965
—
33%
can¬
guarantee!—
ACertificates
46%
J-J
ref 5s series P
&
75 %
33
'
40%
.
■
AGeneral
74
Ohio Ry—
cellation
1978
5sj
guaranteed gold 5s_.
mtge gold 5s (stamped
Alst
44%
ref
&
4'As
ref
&
^Northern
100
%41'V
Central gen
North
69 %
100
44%
Debenture 3%sl_
4
1%
45%
J-D
deposit-—
of
104
11%
8%
'
6%
4%
64'/2
'99
J-J
r
ACertificates
103«
M-N
-1950
3s
*
88
110%
20
1962
r
10%
13%
10%
___1966
mtge 5s conv
v
{Missouri Pacific RR Co—
A 1st ;& ref 5s series A—.
85
110
J-J
20%
.
J-J
D_—
1
5
1961
4'As
mtge
AGen
20
'16
69 %
J-J
series A—Jan 1967
5s
86%
1998
1st
3'A
—:—1962
40-year 4s series B
Prior lien 4%s series
86 3 i
2014
4%
2%
J-J
1st 5s——1959
lien 5s series A——
33
110'/a 110'a
10
Western-Ry 1st gold 4s..l996
North Amer Co deb 3%S—:_,—1949
3%
J-J
Missouri-Kansas-Texas RR—
Prior
32
12
M-N
Norfolk &
1st 4s———1990
Kansas & Texas
2
High
17%
12
'
J-J
1946
32
*10
Low
•
Ry Co—
Southern
tSANorfolk
:_1949
t A Missouri-Illi nois. RR
32
'
*»■*•
No.
1st 5s A-,—1955
Pow
(Md) deb 5'As_
Niagara Share
Q-F
B———1978
ref 5'As series
&
F-A
^1943
1st 4%s
Host
&
& Ont
13
9'A
M-S
,-1946
5'/2s
A25-year
West
Y
31'A,
27%.
<
AN
Niag Lack
.42 'A
F-A
Telephone 3'As series B___^__1967
Niagara Falls Power 3'As
65
.65
:■
J-J
1940
1st-gold 5s
Y
53
49'2
'<
N
'106%. 108%
.
1937
4'As_
gold -5s
ATerminal
65,
|a
29,
41'A
•30 'A
M-S
i.—.-1938
1938
to int—1938
5s
§ A 1st stamped 5s gtd as
A 1st & ref 6s series A
•
43
50'4
1
gold
High
J-J
M-N
ctfs_
§ a 1st cons 4s stamped
Mo
%°.
98
97
1937
§ AGeneral
'
17.,
St Paul & Sault Ste Marie
tMlhn
.
p
'30
J-D
—1934
gold 4s
1949
50-yr 5s series A—.1962
"
63
50
A-0
1———1939
f A Minn & St Louis 5s
62%
J-D
JAMilw Spar & N W 1st gtd 4s—1947
iSAMilw & State Line 1st 3%S—..1941
98
107% 107%
MS
«A2d
88
98
J-J
f'S A Midland'of N J 1st ext 5s__;—1940
IS&Milw & Northern 1st ext 4%s—1939
AgConsol ext 4,As_
*75 'A
'
gold
Low
,
99%
109 %
100
112%
•
N
92%
97
*94 Vb
95
F-A
72%
Prod 3'As debs-——I960
Prod 3'As
—1949
J-D
106%
M-S
Nat
Dairy
Nat
Distillers
106
55
,v68%
Steel
National
34
105%
106%
103%
105'2
101 %
.
103%
104%
Consol Gas
tANew
England RR gtd 5s——1945
J-J
',-4
:
104%,
17
111%
li2%
111% 111%
22
110%
111%
110
110
110
104'A
74%
M-N
75
1st
to
§ APac RR of Mo
11
•-
123%
124
109'b
110'A
(
•
'
F-A
77
81
.81'A
Ret
3'As
mtge
& 111
82.
-.•73
,10
81%
88%
88 'A
88
A-0
107%
107
107%
J-D
107%
107
12
107%
-
•
.
83%
>
9
46%
46
46
55
53
A-0
B————1954
A-0
series
5s
A 1st
of
ACertificates
5s
A 1st
of
4'As series
ACertificates
53
V■.
80%
D—
——1956
of deposit-—
—
—1954
A-0
56
A——
88
-
;
J-J
,—1944
A-O
73
Paterson & Passaic G Si E cons'5s_1949
M-S
54%
A-0
99%
51%
impt 5s series C—
—2013
Conv secured 3%S—
.—1952
A-0
56
55%
56
73%
72%
\»Lw 1''•?
:
52
73 %
f-a
.Ref &
;
>
M-N
River 3'As——1997
J-J
& Hud
Cent
Y
3'As
V
F-A
75
L
'
<
■•■
Picrures 4s
F-A
V
" 57
*57%
Gtd
5'As
Ref
4'As
1st
Pennsylvania Glass Sand 3%S—1960
Pa Ohio & Det 1st & ref 4'As A___1977
Penna
4'As
59'
56
■■
51%
N
N
N
1947
1950
.1965
1951
Pennsylvania RR cons gold 4s^_—.1943
Consol gold 4s_
1948
4s sterl stpd dollar—A.May 1 1948
——
i
54%
'•
—
Y
100
75
53
N Y
80%
67%
53
48%
"
—.u
53
•
A-0
102
102%
F-A
69 %
Erie—See Erie RR
'
„
1
34
70%
'
'
&
Y
Lack & West 4s series A——1973
—1973
1943
5s
117
F-A
.
117
"99.
62%
J-J
—'
■
,
*101%
.
iTli
■
36
36%
'L
60
r,—
•
-
34%
34%
34%
M-N
3 'As—J956
J -J*
35%
36
J-J
1956
certificates
trust 6s_—
—1940
A 1st
&
1957
4s
ref 4'As series of
1927—1967
14s
—
f AN Y Ont & West ref gold 4s
'
35%
.
'
JJ
■
-
.
53%
41,
41
A-O
36 "2
.
,
7
: 34
•
10%
10'A
10%
39
38%
4s
-.1955
1
.
1st cons gtd 4s
1993
N
N
Y Rvs
Y
Corp
Steam
For
1958
1963
prior lien 6s stamp
footnotes
•
1st 3'As
see
■
page
■
708.
95%
262
90%
95 %
1
111%
111%
94%
Ry
47%
—J
B
4s
series
1956
gold 4'As series C—.
J-J
J-J
7 'A
22
44%'
8'A
80
5%
8%
79%
72
72%
79%
48
79
79 '/a
70%
64
71%
62 VB
71
62%
63
J-J
J-D
series
General
gold
4'As
4'As
series
series C
D
1977
1981
48%
64%
106
57%
6
104%
106%
5
102
102%
118%
106% 106%
'A
102
M-N
71%
142
120
*110% 112
5s
J-D
99%
*106%
*113%
Electric
102
.
—
63
111
113
108%
—
ref
&
coll tr 4'As—
1961
J-J
101
1967
M-S
111%
92%
94%
111% 112
&
ref
1971
23As
mtge
Stamped
110
8%"
8%
3%
•
3 'A
45
A-O
33
.4
.24
■
•
/
22 %
1949
—
J§APhilippine Ry
...
of
1st s f 4s_.
deposit'
1962
1945
29
3eries. D 4s guaranteed.L—^
Series E 3'As gtd gold__>_-—
36%
Seri :s
F
4s
G
4s guaranteed.:;
34%
3 7'A
42%
Series
I
49%
53%
Series
J
Tl%
36»A' *40%
>
36
4%
101'
90%
95
M-N
i
Series H
1957
guaranteed 4s
eons
4'As
cons
1960
1963
guaranteed 4%s__ 1964
cons
9
6%-
Gen
mtge 5s series B
4'As series C_
Pitts Coke
%.
;
&
Iron
Pitts Steel
1st
conv
-
4'As A
mtge 4'As.
'11;
2-
4'A*
'41%
46
1st
Pitts
110
110
110%
2
J-J
105:%
105% 105%
.1
J-J
108
108
87
110
;no%;
&
Char
Pitts & W Va
10=>105
1st mtge
106%
1st
108%
9%
105
5%
5%
108
'A
109'A
1st 4s
mtge
1st
gtd
4%s series A
4%s series B—
4 %s
series C—
103
37
56
20'A
23%
64
8%
105
29
10
3'A
145
104%
4%
108
112
__
10'/a
105'A
5%
__
109%
105
105 Va
110
*105'/«-
111
F-A
J-D
*111
M-N
*111% "...
-
F-A
112'A
F-A
121
119%
119%
—
M-N
120
120
1
119%
120
34
105%
109
30
105
109
103% 104'A
149
100
96%
9634
36
...
J-D
108% 109
1975
_1977
A-O
108 Va 109
1952
M-S
J-J
104%
1950
J-D
*98 %
9934
99%
99 %
1950
mtge 4%s series B
Va
"
M-N
23
93a
1970
Gen mtge 5s series A__
'
'
22%
*3
1949
guaranteed gold.—1953
Series
36%
^%8%
•
105
J-J
J-J
9%
M-N
1937
1951
;
13As debs_-
Petrol
M-S
101%
36%
Pittsburgh Cine Chi & St Louis—
31%,
•
137
119
108%
■
J-J
"
35
9
46
96
110%
102%
14
*102% 103
J-D
1973
—
deb 6s
Philip Morris Ltd deb 3s_
Gen
J-D
114
100% 101 %
3'As—
1st
J A Phila & Read C & I ref 5s—
34.%
257
-
40 %
M-S
& Putnam
93
100
95%
111% 111 %
95
M-S
7%
AConv
36%
109v •> < 32%
34%
M-N
1992
Queens El Lt & Pow 3'As——1965
110%
100
99
*
AGeneral
108
99%
99%
*119
31;%% 34%
50
K..
42:'-"-
52% '53 'A
J-D
M-N
N Y
45
89%
F-A
-
69 'A
,
16;
35% •••36%
34%
■
J-J
1954
N Y
105%
96%
J-J
47%
General
t A Harlem River & Port Chester—
1st
122
101%
199
99 % 100
'
A Debenture
119%
79
252
92%
91%
99%
A-0
93
23
,
10.1'A 110%
92 »A
F-A
ACertificates
*
—1948
6s—:
88%
93
B————1974
.
55
34%-
deb
110
M-S
7ll
55% " 64 %
.
36
■
34 %
Debenture
100%
110%
108
A-O
Apr
Philadelphia Co
'
-82
34%
§ A Collateral
100%
108%
92%
92%
A-0
Union
Phila
'
'•
A-O
AConv
A-0
1
110%
88
♦»
63%
69
M-S
A
108
9
*109
1960
General
116%"-117%
•
68%
63'a
M-N
3 lis————1947
.—1955
105
103%
100%-100%
M-N
—1980
Phelps Dodge conv 3'As deb_—1952
Phila Bait & Wash 1st gold 4s
1943
111%; 112%
.3'As——
4s.
98 %
'
.
deb
4s
22
A-O
ext_—
4s
4s
Pekin
&
109%
•
deb
deb
103
.109% 109%
M-N
Apr 1990
Eastern
&
109
-
-100
ANon-conv
deb
106%
102
M-N
1947
1st
102%
'
109 :
2
ANon-conv
ANon-conv
36
1981
series E——1984
3%s_._j.—1—1952
deb
Phillips
ANon-conv
105-%
102
108
—1970
mtge 4'As
86
■
112% 112%
►"
.'••
■
M-S
-1954
104
107 %
5'As—1974
Marquette 1st series A 5s_—1956
1st
tN Y New Haven & Hartford RR—
ANon-conv deb
4s._1947
-
107%
104
102%
*105% 107
J-D
series
gold 4,'As——
>108
;
.
■
-
101%
/
65
1
*109'A
M-N
Y
N
103%
101
17
105% 105%
105%
J-J
B—1968
5s
'
M-N
4'As series B
68 %
-101
88%
108% 108%
J
J-D
gold 4s
i'—1949
gold 3'As——2000
N
117%
104
121% 122
Peoria
"'99%' 101
32
-
Purchase money
N Y L E & W Dk & Impt
80%
>100
'
■
74
1
A-O
N" Y Gas El Lt H & Pow gold 5s—1948
Harlem
102%
68%
*87
A-0
&
7
.2
100% 100%
71%
103'A
106%
105% 105%
A Income
64 'A
"
117%
103%
30
105'A
Peoria
77%
544
100% 101
*
A-0
ref
&
,
.
—
122
Peoples Gas L & C ref 5s_i
..47% : 50
109
68%
v
/
57%
50%
'
•
,
104
F-A
Gen
81%
'
3'As series E——-1966
lien
C-—-—1970
series
Conv
75
44
120%
J-D
General
69%
•
80
J-D
Edison 3'As series D——1965
Y
1st
\
M-S
Connecting RR 3'As A__
Dock 1st gold 4s
1—
Conv 5Co notes.,
——.-1947
Y
33As
mtge
75
37
■
Cons smking fund 4'As——_—1960
General 4'As series A__L__
1965
:.v
67%
52
80"
A-0
to—A
A-O
—1974
debentures.
General 4'As series D—i-
'
"...
103 %
103
Debenture
..A-
:
67
*103% 105%
F-A
56%
'A
57%
*107% 108
F-A
52%
61
100%
6
.*103%
104
Light 3 'Asi.—__ 1969
&
Power
.52%
;
■
108
47%
r
53
67%
A-0
3'As extended
mtge
1981
:
855
•17
•
J-D
V 225
•
1
80
73
51
•99%
.
'■
M-N
•
1
103%
71%
71%
73
J-D
:__:—1952
F-A
1st
—1974
series C——„———1978
series A_—
debentures——
6s
D—1944
3'As trust ctfs
ctfs
series E trust
4s
——-1963
Pere
Ref
6s_^._-
413
58
51%
.
105
102%
1
Pennsylvania Co—
York Chicago & St Louis—
New
deb
Trans
P.armelee
54
i,
j',
.
118
75
*49%
'
■; 53 v..
'•»
209
'•
"80%
74"
56%
„
57%
•
F-A
F-A
54%
79
80%
J-J
registered—-—^——--1997
Lake Shore coll gold 3'As.
1998
3'As registered-———-—,——1998
Mich Cent coll gold 3'As
1998
3'As registered—,
—1998
N
55,
52%
77
99% 100
52
s
51%
18
f
' _%%%;
A-0
sec
ctfs
f gold-3s'loan
s
4'As series B—
47%
.,v "'y'f '.*100
109
105
105
102% 103%
■
'Gen
Bridge Co—
109%
109
103% 103%
103
57
49.%'
2
57%
f———-1946
&
54%
44%
-
impt 4'As series A—2013
Y
57%
50
■
54
10-year 3%s
M-N
L 3s B—-._____196Q
P
Secured '4s_;
>'48
5
53%
56'A
108'/a
*._
M-S
46
£0
■
gtd 4'As-u-——1945
Central RR 4s series A——1998
Ref
-
54%
51
98
*108'A 109
F-A
47%
v
'"44%
.•
*53%
General
N
10
*47%
deposit--
Newport & Cincinnati
41
20
51
98%
95%
107%
107
1
/
53%
deposit———v
96%
3
109% 109%
■
51
of
ACertificates
'
F-A
F-A
5'As series
A 1st
deposit—-
C-——-—2—1956
series
ACertificates
A 1st
46
10
96
J-J
;__1955
M
Guaranteed
f&AN O Tex & Mex n-c inc 5s
1935
ACertificates of deposit—:———-
97 V8
J-D
f gold 4%s
debentures.1956
1st
Paramount
88%
108
106%
-V
11
88
54%
J-J
■;
^
117
87
46%
88
104'A
A-0
s
'
J-J
104%
103
C-L_—_—1966
1955
series
1st
Panhandle East
110
103%
Paramount Broadway Corp—
,
*110 %
A-0
•
Paducah
;
J-J
109
13
25
3'As series B—.1966
& Tel
Pacific Tel
,
117%' 118%
1938
■—
.
'20
96
F-A
series K-_,
104%
97
J-D
J-D
103% 104'A
J-D
1971
1st ext gold 4s„1938
mtge
ref M 3s
1st &
73%
,
k
p
J-J
70%-
w
11"
123% 123 %
123 >A
3'As-series 1—^.1966
3s series J——-1970
ref mtge
&
1st- & ,ref
-
75
70
18
73%
118% 118%
118%
gold 5s
§A2d ext gold 5s_-
72%
73%
J-D
.
111% 112
111%
.1st &
*92%
J-J
—1945
New England Tel & Tel 5s A.———1952
1st gtd 4'As series B——:
—1961
N J Junction RR gtd 1st 4s——1986
N J Pow & Light 1st 4'As—
-I960
New Orleans Great Nor 5s A__—-1983
N O & N E 1st ref & Imp 4%s_—-1952
New Orl Pub Ser 1st 5s series A—1952
1st & ref 5s scries B————1955
New Orleans Term 1st gtd 4s——1953
cons
AConsol gtd 4s
112
J-D
1st
Coast Co
118'A
56;-
.
*118% 120%
J-D
—1948
5s
104
104
M-N
Newark
J-D
1961
103 %
4
.
.
102% 103%
A-O
4s——1954
1964
3%s series H
106%
.21
•
,104% 105%
M-S
1965
3s
mtge
1st
tANaugatuck RR 1st gold
J-D
4s'series G__
ref-mtge
72%
118%
72%
-
1949
debentures
3'As sinking fund
1946
Pacific Gas & El
Pacific
71%
4s series A—-1978
Nash Chatt & St L
J-D
1943
J-D
10
—
95
-1959
1960
58%
57'
58%
58%
A-0
A-0
58 V8
57%
58
104%
96%
98%
100
99
100
M-N
1958
._
.
55
60%
1
53%
60%
25
53%
60'b
2
THE COMMERCIAL &
Stock
Week's Range
or Friday's
Friday
BONDS
New York
Interest
Exchange
Period
Week Ended Feb, 19
Last
,
J-D
1st 4s ser A—1948
1st gen 5s series B_
;—-1962
1st gen 5s series C_.
—,
1974
1st 4Vis series D
1977
Portland Gen Elec 1st 4%s_—
1960
1st 5s extended to_—
1950
Potomac Ei Fwr 1st M 3 V'is,—-—1968
Pitts YoUng & Ash
ref 5s series C
M-S
92 V:
92%
*106
*109%
*109
j A Providence Terminal 4s
1st
.
—2037
ref mtge 8s—
&
Nor 111 3Vis—,—-1968
5s—-1948
Public Service of
Purity Bakeries s f deb
95%
9*7%
Gen &
9%
22
••
•
*109%
*106% 107%
106%
.
70
70 %
52
67%
71%
70
70
70%
80
67 y2
71%
1964
M-S
11
103%
106 y4
1960
J-J
1st ref 4s
AAdj income 5s
145 Vi
J-D
*220
221
110%
111
105
104 y8
106
J-J
110
—
—
105
-1953
Union Electric Co of Mo
3%s——1971
5s
1945
t§ A Union Elec Ry. (Chic)
Union Oil of Calif 3s deb
debentures—
3s
-1959
—1967
91
91
94%
31
88%
82%
81%
82 %
]85
78%
'82%...
Union
81%:
82 %
85
78
12
82%
103%,
1st & land grant As—--—1947
34-year 3%s deb—.
.—1970
35-year 3'/2s deb_"
—1971
.Ref mtge 3V2s series A—a
1980
United Biscuit 3y2s debs
1955
102%
F-A
.
10
106 Vi
99%
107'%
4
106%
107
98
M-S
99%
M-S
3-D
101
70
70
15
3-J
66%
65
67
34
32 %
34 y4
70
66
108
A-O
510
:
Gen mtge 3 Vis series J——1969
t§AR 1 Ark & Louis 1st 4Vis—i—1934
—Rut-Canadian 4s stpd—.——1949
tSARutland RR 4Vis stamped—1941
124%
26
J-J
*8%
9%
"
22
9
10%
10%
2.15s
.
2.20s
•
11%
'
•
2.60s
J-J
1996
1996
J-J
*56 Vi
57 %
A-0
*52
65
1933
M-N
102
25
101% 102
*107% 108
102
107%
99
'■'
107
.
55%
55%
55%
55%:
239
77%
84
29
78%
82
—,
82%
—_
46
91%
*
3-J
$ASt L-San Fr pr lien 4s A
—1950
ACertificates of deposit
APrior lien 5s series B———1950
83
3-J
46
91%
3-J
ms;
Rocky Mt & P 5s stpd——1955
8314
91%
73 Vi
—
44
26
;
•
25 Vi
3-J
23
22%
101VV
101 Vi
101%
M-N
*101
101%
101
101
M-N
*101
101%
M-N
M-N
101 Vi 101%
101%
101%
M-N
101% 101%
101%
101%
11952
25 Vi
11953
M-N
11953
M-N
102
M-N
*101
M-N-
11954
—Nov
—
2
•
73
F-A
& Light
Power
1st 5s——-3944
1st gold 5s—1949
20%
26%
Va Iron Coal &
24%
25%
98 Vi
11
97%
98%
45.
98
99
Coke
20
1,104
19%
26%
53
19%
25%
79%
81
F-A
M-S
*92
J-J
75%
A-O
—
—
'w
110% 111%
111%
•106
Virginia Pub Serv 1st mtge 3%s—1972
Va & Southwest 1st gtd 5s—i.—2003
1st Cons 5s
——-——1958
26
*108%
M-S
414
24%
stpd—*
:
96
98%
*109Vi
F-A
M-S
26%
23
93Vi
98V'4
M-N
1968
Va Elec & Pwr 3V2s series B
Virginian Ry 3%s series A—1966
ACertificates of deposit
102
16
98%
98%
—1957
Cons s f 4s series B
24%
23%
26 Vi
102
96
'
19"
24%
,102V»
75
18%
25%
MVS
102
102
91%
,
95
26
95
95%
A-0
Utah
1
.47
■
91
,
A-O
United Stockyards 4y4s w W—L—1951
Utah Lt & Trac 1st & ref 5s
-1944
581
25
101%
102
■
*102
M-N
—-c-May 11955
-
101
*102
--—May 11954
—
23 %
25
of
*101'/a 102
——May
——Nov
—
—
2.65s
10T
101
101
11950
May 11952
Nov
Nov
-
24%
■
*99%
11949
Vandalla RR Cons g 4s series A—1955
23%
22%
102
83
■
Mtn & Southern—
82 Vi
98
98% 100
-——May 11950
————
2.55s
A-0
,
102
..*101
.2.35s,——
2.50s
4sr——1947
M-N
Nov
2.45s
St Jos & Grand Island
110
*99 7/«
M-N
M-N
——
2.40s
Saguenay Pwr Ltd 1st M 4Vis—,—1966
99%
11943
Nov
—
2,10s
26%
'-**♦"'•
21
98
—May 11949
1.125s2.05s
108%
108%
262
11%
11
11
J-J
"2
'.
26%
24%
94%
51
96%
98%
*102
——^May 11943
1.00s
1
108 % 108%
M-S
107
Serial debentures
124%
,
M-S
107
A-O
100
States Steel Corp-—
United
34 W
*110
M-S
,
'
27:
*124%
107%
J-D
.1
67%
58%
"
M-S
•
M-S
.
107 »/a 107 Vi
A-O
102%
97%
97%
Cigar-Whelan Stores 5s—1952
1967
,
109%
'
27
33
United
deposit-——
ACons M 4Vis series A--—-——1978
107%
115
99 y2
United Drug Co (Del) 5s———-1953
U N J RR & Canal gen 4s—1944
ACertificates
108% 109%
99%
M-N
102%
1st mtge 5s———1959
102 y2
99%
101
*ASt L Peor & N W 1st gtd 5s—1948
100%
22
99 y4
101%
St L Pub Serv
111
103~%
99%
100 %
3 Vis series I———1967
St L
110%
103~
99%
A-O
,
16
;—!
106%
12
102% 102%
J-J
% 103%
103
103%
——
20
Iron
105%
Pacific RR—
101
gold 6s
100% 100 »/a
5'
94%
J-J
102%
J-J
A-0
102 % 102%
AgRiv & G Div 1st gold 4sACertificates of deposit
96
7
'
-
*103% 104%
F-A
M-N
St Louis
91
*8 y4
A-0
M-N
gold 5s—
96
*111% 113%
M-N
3 Vis——1960
1st
90
U
,
105%
St Lawr & Adir
87%
106% 106%
104%
1st
23
'lQOVa 100%"
J-J
18
mtge
27
90
66
*116
.
104 y4 105
Gen mtge 3%s series H—
21%
63
221
*111% 112
M-S
M-N
1977
261
145%
A-0
'
.100%
J-D
'
102%
Roch Gas & El 4Vis series D
40
26%
95%
A-O
Torpnto ,Ham. & Buff, 1st • gold" 4s-_l"946..
Trenton Gas & Elec 1st gold 5s—11949
101%
1st gtd 5s—1939
65%
89%
J-D
31
ARio Grande June
2d
64%
24%
24%
mtge 4 Vis series C———-1956
Gen
105% 106%
106%
A-O
-Jan I960
101% 102 %
t§ARio Grande West 1st gold 4s—1939
A 1st cons & coll trust 4s A——1949
71%
88
70%
.
.
Gen
21
J-D
.
D
Trl-Cont Corp 5s conv deb A
110%
106%
*145Vi 147 Vi
J-J
Revere Copper & Brass
High
107 %
70%
A-O
series
Tol & Ohio Cent ref & impt 3%s—1960
Tol St Louis & West 1st 4s
1950
10;%,
M-N
J-J
Republic Steel Corp 4Vis series B—1961
Purchase money 1st M conv 5%s 1954
Low
101%
28
70
-
7
•
3-J
3Vis——1956
Remington Rand deb
106% 107%
107%
A-O
1979
,
*82
3-J
A—u—1997
ref 4Vis series B——1997
Gen & ref 4 Vis series
No.
Third Ave Ry
R
Reading Co Jersey Cent coll 4s—-1951
Range Since
January 1
Sold
High
,.1980
109%
97 Vi
■9
M-S
J-D
2000
..1977
Bonds
Friday's
—
97
,
or
Sale Price Bid & Asked
Tex Pac Mo Pac Ter 5%s A——
92%
106%'
108%
—
M-N
,
90
106
—
J-J
-
80
92%
3-J
lAProvidence Securities 4s:.———.-1957
1st & ref mtge 5s—
:
ref 5s
J-J
1956
1968
1972
2037
Texas & Pacific 1st gold 5S—
Gen Si ref 5s series B__
Gen &
1977
1st & ref mtge 3s
—
108%
Last
Period
Low
Gen &
5s——1951
Public Service El & Gas 3 Vis
■■
19
High
J-D
F-A
mortgage 3 Vis———
•1st
.
J-D
—
Pressed Steel Car deb
1-
*ii8Vi
Low
108%
No.
Ended Feb.
Week
Week's Range
Friday
Interest
New York Stock -Exchange
Range Since
January 1
Sold
Nigh.
*108%
.
F-A
Monday, February 22, 1943
BONDS
Bonds
Sale Price Bid & Asked
Low
FINANCIAL CHRONICLE
8
81
81
106%
110%
111%
79%
81
104%
105 %
92
93
12
76
108% 109 Vi
5
92
72%
76
v
108% 110
tSt Louis-Southwestern Ry—
M-N
92%
—Nov 1989
J-J
70
——1952
AGen & ref gold 5s series A
1990
J-J
50 Vi
J-J
30%
1st
bond
4s
A2d 4s
inc
—,1989
certificates—,
bond ctls
jAlst term & unifying. 5s
gold 4s_1968
F-A
1st
St Paul & Duluth
cons
|§ASt
St
Paul
Union Depot 3 Vis B—
1971
1952
gtd 4sr——1989
Schenley Distillers 4s s 1 deb
V & N E 1st
Scioto
92%
70
70
8
50%
51
70
46%
52%
29 Vi
J-D
*ASt Paul E Gr Trk 1st 4%s—1947
P & K C Sh L gtd 4Vis.,
1941
89 Vi
:
30%
80
27%
32%:
132
*80
J-J
A-0
105
105 V
72%
W
~6%
—
49%
222
44
■"
38%
39%
252
34
1
M-S
28%
28%
28%
2
26%
-1976
series B
4J/2s series C—— -1978
F-A
28
28
6
27%
A Ref
gold 4s unstamped—--—195(1
§A4s gold stamped1950
AAdjustment 5s
—Oct 1949
6S
cons
33%
32%
F-A
———-1959
deposit—
series A—-—1945
.
A-O
M-S
§ ARefunding 4s—
ACertificates of
A 1st
A-0
A-O
of
ACertificates
deposits—
Shell Union Oil
2Vis debs—>—1954
7-
6%
16%
34%
9
33%
27%
37
14%
15%
16%
35
16%
16%
333
53
17%
15%
F-A
J-J
99%
35 y2
10
31
35%
18%
is y4
1*8%
F-A
15%
35
15%
M-S
19
13
15%
20%
6
nn
18 Vi
99%
99%
r
14
.■
47
•'
16%
.
92%
-1948
M-S
103%
F-A
33%
Q-M
91%
98%
2%s sinking fund debentures——1961
J-J
101Vi
*101
t§ ASilesian-Am Corp coll tr 7s——1941
debentures 4s_———1952
F-A
A-0
Skelly Oil 3s debentures
F-A
*101% 102 y4
,
'
103% 103%
-——1950
Socony-Vacuum Oil 3s debs—-—1964
J-J
South Si Nor Ala RR gtd 5s—
Soutn Bell Tel St Tel 3Vis—-
43
A-0
3s
debentures—
1963
-1962
——1979
(Cent
100%
4s
40
104
.
105%
108% 108%
J-J
107 y4107
13
105%
107%
3
103%
104%
—Aug 1949
J-D
80%
224
72%
M-S
57
56 Vi
57%
103% 104
.
•
registered—
•
81%
80
*76
1949
——
79%
81%
68
n
•
j
1st 4Vis (Oregon Lines) A—'—1977
Gold 4 Vis
——1968
M-S
55%
55
56 Vi
258
55
57%
GOld 4Vis———1969
M-N
55 Vi
,444
53%
M-N
54%
54%
54%
Gold :4ViS——-—-1981'
54
54%
449
52%
MV2
56% 55%:
97% *
92%
70%
80%
92
97%
—
.
10-year secured 33/4S
1946
-
San Fran Term 1st 4s———1950
South Pac RR 1st ref gtd 4s
—1955
Southern Ry .1st cons gold 5s_—1994
Devel & gen 4s series A———1956
Devel
&
Devel
&
Mem
Div
6s—,
gen
——1956
gen 6 Vis.
———1956
1st gold 5s——
1996
1st &
Bell Tel
J-J
97%
95%
97%
92%
90 Vi
92'/a
43
j-J
79%
79 y2
80 y4
97
97
97%
407
A-0
73%'
72
73%
284
A-O
91%
91%
.55
93%
'
765
J-J
A-O
1
90
.■
-
,
58%
68%
73%
87%'-i
ref 3s series C
95 »/2
85
92
95%-
88
65
84
88
92
1964
J-D
1968
3Vis B.
94
86 y2
J-J
J-J
debs
-1966
107%
1961
107% 107%
43 Vi
89%
2
111%
111%
3
106
119%
119%
108%
106
A-0
93%
92%
93%
263
-1977
J. J
98
y4
98%
93%
13
*100%
A-0
—
109 y4
109%
110%
111% 111%
111%
84%
93%
95
99%
M-S
39 Vi
40%
62
100%
36%
39%
39
40%
118
36%
411/4
M-N
gold AVaS— -1950
39%
M-S
—
92%
91%
92%
67
84
92%
91%
92%
105
87%-
89%
126
101% 101%
30
92
100,n,f
41%
J-D
West Shore 1st 4s guaranteed--. .2361
-2361
Registered -—
—
J-J
50%
49%
50%
134
43
50%
J-J
46 »/2
46%
46%
,31
41%
,46%
-1954
!?ulp & Paper 3s_—
Wheeling & Lake Erie RR 4s— -1949
Wheeling Steel-1st 3 %s series B-. .1966
Wilson & Co. 1st M. 4S A——r-. -1955
J-D
M-S
West Va
Conv deb
M-S
J-J
103% 103%
103%
*109%
M-S
88%
88%
ACertificates
of
49%
66
J-J
49
49
M-N
16%
16
:
•'*-■
—
1968
16%
103%
88%
104
.1
104%
90%
106%
103%-104
115%
47%
51%
47%
49 V2
74
14%
~3
110'/a
111
107
107%
17l/4
15%
110% 110%
A-0
92 y4
89%
101%
114%
49%
1.
SASu & Du div, & term 1st 45—1936
ACertificates of deposit:
Wisconsin Elec Power 3%s
171
J-J
87 Va
83
101%
109% 109%
87
103% 103%
*115%
1049
deposit
10
'
89
106 Vi 106%
106 Vi
A-O
-19,60
t A Wisconsin Central 1st 4s__
:
101%
.1947
3%
Winston-Salem S B 1st 4s
*
89%
M-N
107%
93,
45 Vi
,16
41%
102 %
Public Service 3y4s——1971
gAWor & Conn East
1st 4%s-_—1943
*107%
J-J
•
20.
J-J
__
20
13
20
20
103%
105
Wisconsin
45%
29
J-D
105%
1953
J-J
105 %
Studebaker Corp conv deb 6s
1945
J-J
Superior Oil 3Vis debs
-
1956
M-N
*105
Swift & Co 2%s debs—
-
1961
M-N
1951
J-J
1944
F-A
debenture
20
•
102 y2 103 Vi
F-A
Standard Oil N J deb 3s—
92%
5
17
.1952
——
111% 111%
Apr
Stand Oil of Calif 2%s
95%
33%
91%
104
.195L
25-year gold 5s--—
30-year 5s_——u—— -I960
-1951
Westinghouse El & Mfg 2'/8S
91%
J-J
ASpokane Internat 1st. gold 4Vis__2013
2%
»
.
786
A-O
54%
1951
St Louis Div 1st gold 4s—,
Southwestern
568''
31
88
103%
Maryland 1st 4s
Western Union Teleg
102% 104
3
*110
J-J
-1943
gold 4s
JAWestern Pacific 1st 5s ser A— .1946
A5s assented
—i -1946
108%
94%
108% 109%
111
.
M-S
——
107%
15:
104
25%
91
119% 119%
3-D
-1963
91%
91
28%
28
*104% 106
3-D
-1966
—
40
ref 5V2s series A
West N Y & Pa gen
123
1
y4
J-J
1st &
106%
123
34
106% 106 Vi
A-0
Western
101% 102%
'
$123
103%:
43
103
■
10
';
coll)—
Pac
-.,.3
-.1947
Southern Colo Power 6s A—
Southern Pacific Co—
4s
106 %
43
5s E
31
33%
104
F-A
-1950
-1967
;
1st mtge 3%s series I—
'
Simmons Co
mtge 3l/2s
West Penn Power 1st
99%
99%
Gen
Ltg 5s stpd gtd—
103% 103 Vi
f-a ;
Washington Term lst'gtd.3%s— -1945
-1945
1st 40-year guaranteed 4s—
29
33%
40
25%
'
92%
92
49%
■
*27 Vi : -V"
A-O
Westchester
20%
*26 Vi:
:
Warren RR 1st ref gtd gold 3%s, -2000
Washington Central Ry 1st 4s—-- -1943
16%
15
A-O
A-O
1st mtge 4s
Warner Bros Pict 6s debs—
8
17%'
13%
B-i
-1955
Walworth Co
34%
!
4%
102
ser
-1980
35
28
136
7%
17
16%
16%
—
t§AAtl & Birm 1st gtd 4s——1933
JASeaboard All Fla 6s A ctfs-—__ 1935
A6s series B certificates-,
1935
32 Vi
gen 5s
4%,s
ARef & gen
A Ref & gen 5s series D_
tSeaboard Air Line Ry—
§Alst
87
83%
48
39%
tAWabash Ry ref & gen S.VaS A— -1975
101%'
105%
124 Va
123
1
87
87
48%
Apr
AGen mtge Inc
104
21
.
86%
86%
Apr
-1991
23
101%
105%
J-J
1st mtge 4s series A———. -1971
-1981
AGen mtge 4s inc series A—
~9%'
17
291
*123% —
Wabash RR Co—
'
—
9
23
*101%103
MS
M-N
92%
67
■
*7%
21 %
23
85%
105Vi
49
105
106.
101% 105 Vi
49
104%
105%
101% 102
29
101%
102%
105%
103%
105%
*102% 103%
102%
Youngstown Sheet Si Tube—
103%
Conv deb 4s——
1st mtge s
a
f 3%s series D—
Deferred
—1948
1960
101% 102 Va
M-S
M-N
96%
96 Va
97%
56
101%
18
96 V
a
103
99
delivery sale not Included in the year's range,
d Ex-Interest, e Odd-lot sale not
n Under-the-rule sale not included in the year's range,
r Cash sale
Included in the year's range,
Tenn Coal Iron & RR gen 5s_
Terminal Assn St L 1st cons 5s
Gen
refund
f gold
1—1953
J-J
3s
s
4s
com
111% 112 %
89 Va
90
5
121%
105%
110%
112 %
103%
*103% 105
F-A
120
105%
9
103%
89
90%
not included in the year's range.
§Negotiability impaired by maturity.
tThe price represented is the dollar quotation per
pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
JCompanies reported as being in bankruptcy,
gold 5s
-
105%
105 V2 105%
12
105V8
105%
M-N
106 Va
106
29
105%
106%
*Friday's bid and asked prices; no sales being transacted
1943
J
101 Va
101%
ABonds selling flat.
"J
,
--
*101%
IOSV2
—
—
the Bankruptcy
200-
receivership, or reorganized under Section 77 of
A-O
1965
debentures-
Terns & N O
3
*105% 105%
J-J
Ref & impt mtge 3%s series B„ 1974
Texurkana & Ft Smith 5Vis A
l«f>0
Texas Company 3s deb
1959
121% 121%
Act, or securities assumed by such companies.
during current week.
•
J
L 1*1 'l'
»
*
^
4
11
<*'J
"
'I1'1'
f,i A
"^NviT'W^ lUMftLW WTVv SifculMHWKfifU
»-nw-jtaw tt/iw
Volume
\ri^, •/:?%%?.;
'i1:
'"v
;';.'T'"•'
..'^/v,'
-
I,.
\.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4153
157
*
709
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
In
footnote
a
deferred
in
the
delivery sales
week
and
which
in
they
AND
occur.
In the following extensive list we furnish a complete record of
security, whether stock
STOCKS
New
York
Week
Curb
Friday
Feb.
Week's
Last
Exchange
Ended
bond, in which
or
19
Aero
Wire
Co
common
B
.
Associates
Inc
1
.
Corp
Low
17
10O
20 V,
"4
5 Va
6,100
614
100
Investors
common..
Convertible
preferred.
Electric
Great
$6
Power Co
*
—*
Jan
2 VA
Feb
Jan
1%
Jan
Intl Investing
Allied
Products
$3
pfd
conv
_•
(Mich)
conv
1,400
29
Feb
2
%.
97
97
75 %
7%
6%
Jan
105%
Jan
20
91 %
Jan
4 Va
600
3 Vz
200
98
Jan
Jan
~4Va
Feb
24%
Feb
26%
v
common
6%
•
100
...
Goods
Mfg
Aluminum Industries
Aluminium
Ltd
;
Jan
__
—
25%
Jan
Book
American
Box
1121/2 115
2,400
105%
Jan
115
7%
Breeze
109%
108% 109%
2,000
106%
Jan
109%
Feb
13%
*
•
8
Board
Co
14 %
Feb
8V4
Jan
50
6
Jan
1,700
86
Jan
106
Feb
Jan
106 Vz
Feb
104
300
106'/a
103%
~~%
29 %
34
100
,7„
Jan
%
Feb
29 Va
1,310
20%
Jan
29%
Feb
900
4Vt
Jan
5%
Feb
% Jan
1%
Feb
'%
22
1
5'/a
51/2
American Capital class A common__l0c
Common class B—
10c
1%
1%
preferred
S5.5U
Central
Cities
Convertible
Class
Class
____._25
class
A
American
Fork
Gas
4%%
__10
Hoe
common...
$2.50
American
Corp
Laundry
Feb
6%
Jan
1,750
15%
Jan
25%
Feb
l,8o0
15%
Jan
25%
Feb
IV2
3,200
V«
Jan
1%
Feb
39%
39 Va
100
38 Va
38 Vz
25 V2
39 Va
6,600
%
18,000
3
U
'■
8
■
American
Class
Chemical
Am
Seal-Kap
2
Am
Superpower Corp common..*
$6
1st
preferred
Amer
$3 series preferred
American
Thread
American
Writing
Anchor
•
...
5%
preferred.
Paper
5
•
common
Fence.
Post
$6
6%
Brown
A
(EL)
Equipment
Works
Art Metal
Jan
39 Va
Feb
Jan
40 VA
Jan
%; Jan
$5
1st
Bunker
Burco
Co
Co
Oil
&
Breweries
Associated
Electric
of
Burry
Feb
Butler
;
■
Burma
Jan
Jan
5
Jan
34
Atlanta
Birm
&
Coast
Atlanta Gas Light 6%
Coast
Atlahtic
Coast
Atlantic
Rayon
Atlas Corp
Atlas
Atlas
Line
125
33
Jan
38%
Jan
16
Feb
2,500
20%
Jan
22 Vz
Feb
Voting
3,100
13
Jan
14%
Feb
Caiamba
Feb
x26
Jan
California
26
Jan
29
Feb
Callite
Jan
80
"
Jan
Camden
nf
Feb
Canada
22 %
;.
14%
29
75
22%
%
200
V4
52 >4
50
8%
7%
8%
3'A
314
3 VA
%
83,600
52
%
■
u
74
2C%
Jan
"7
Plywcod
Cable Electric
6%
(B F)
...
Ayrshire
ul
200
8%
60
15,000
3%
:
3%
2
500
Canadian
class
A
8%
3%
Jan
Class
%
74
Feb
Jan
3%
Jan
Co
Purchase
7?e
7%
Barium
Stainless
Barlow
&
$1.20
Basic
Seelig
Industrial
A
Baumann
7%
7%
Beau
<L)
1st
Beech
Aircraft
Tel
Benson
of
&
Convertible
Berkev
&
Bickfords
"
preferred..
7%
...444—
preferred
Jan
3%
Feb
Capital
Jan
2%
Feb
Carman
1%
Jan
2%
Products
City
&
class
Co
11%
6'/4
6%
4%
For
footnotes
see
Jan
Class B
Jan
10
Feb
Carnation
106
Feb
Carolina Power & Light $7
1%
Jan
2%
Jan
$6
14
Jan
5 Va
:
500
Jan
91%
Jan
10%
100
Jan, y
12
Jan
Corp
l'/a
Castle
Catalin
M)
85
Jan
Vs
Jan
1%
Feb
Jan
14%
Feb
Jan
6 Va
Feb
5
9
V4
9%
2,700
7%
Jan
9%
Feb
12 %
13 Va
6,700
10%
Jan
13%
Jan
85%
88
600
82
Jan
90%
Jan
10%
11
1,200
9%
xll'/a Feb
Jan
4.
1%"
Va
%
Feb
1%
Jan
.
Jan
1,300
800
4
75
Corp
Jan
6%
Feb
Jan
5 Va
Jan
Central
Hudson
Jan
Central
Maine
New
Central
Ohio
Power
&
12%
Jan
1 Va
Feb
Jan
3%
Jan
1%
—
28%
29%
■
Feb
Feb
4,000
1%
Jan
2%
Feb
%
2%
2%
Feb;
4%-
York
;
&
•
com
\
Weather Strip Co
5
Cliaris
common..
Cherry-Burrell common
5
Feb!
BVs
3%
—
Va
%
8
8V4
^
"4
700
"
3%
.
Jan
3
Feb,
2%
Jan
4V/ Feb
5% /
400
.
Jan
Jan
41
*
4%
16%
6 :■*,
—■
Jan
Feb
6
17%
Feb
Feb
:47
$6
B__
P
Service
-
4
preferred.
6
300
5 %
Jan
Feb
6
$6
preferred...
Clark
Controller
Claude
21%"23Va
2,800
19%
Jan
23 V8
Feb
Neon
Clayton
3Va
32 VA
32 VA
3%
8,600
2%
Jan
Feb
Cleveland Tractor
33
350
29%
Jan
33
Feb
Clinchfield
5
5
ll)t)
3%
Jan
5
Feb
Club
1V4
1%
11,400
%
Jan
1%
Feb
Cockshutt
100
9%
Jan
11%
Feb
Colon
4
Jan
Feb
Colonial
3%
11V4
4%
11%
-
5
2,200
5
Coal
Aluminum
&
Jan
16
16
Jan
*
Illuminating
Jan
4%
Feb
Jan
5%
Feb
Jan
.",11%
Feb
95
68%
68%
300
80
Jan
95
100
b4%
Jan
68%
225
5%
Jan
1,000
A
Jan
725
9 Vs
Jan
6
s
16
.
12
23,400
3%
Jan
4.350
51%
Jan
4%
58
Jan
61'/a
6%-
Plow
Co
Colt's
Fire
Patent
Columbia
Gas
Oil
8%
8%
100
•
"...
34
"4%
Feb
Columbia
13 Va*
7%
Jan
10
Jan
Community
Public
Service
25
Feb
23
Water
Service
Jan
Community
8%
Feb
9%
Jan
Jan
4Va
Feb
10
115%
Jan
123
Feb
Jan
45
Jan
35%
Jan
42
%
Jan
Jan
85%
Feb
4%
Jan
6%
Feb
6% Jan
Jan
13
%
123
123
•
Z
33
ZZ*
_i
II
l
com
•
•
%
10
7 V4
6%
%
10 %
7%
4,000
V
t
Co"n
$3
c
extended
Gas
&
14%
Jan
%
Jan
Feb
9
.
8%
Jan
34
6
Jan
11% Feb
7
Va. Jan
175
29
11%
13,300
8%
300
Feb
8%
Feb
3
2.000
"l%
Jan
3 %
Feb
4%
1,200
37/a
Feb
4%
Jan
1%
2%
11,400
1 Va
Jan
2%
350
51%
Jan
55Va
Feb
24
Jan
33
Feb
Jan
1
Jan
54
55
30%
33
1,200
1
31
warrants
1946
Coke Secur
preferred
Jan
%
to
Consolidated
Feb
Consol
G
150
10
Jan
6,000
Jo
10%
Feb
4%%
1.300
6
Jan
7%
Feb
4 '/<
3%
Jan
3%
Feb
Biscuit
series B
1
common
:
E L P Bait
Co
common
preferred
preferred series C
Consolidated
Gns
TTHhties
-
Feb
6
xl9
.
24,000
18
xl9
250
Va
1/64
Jan
14
Jan
16
xl9
Feb
Jan
Feb
5
Feb
■A
Jan
734
Jan
10 Va
Feb
26%
Jan
27 %
Jan
2%
Jan
3%
Jan
56%
Compo Shoe Machinery—
3%
-
Jan
75
'
Feb
85
1,800
1
22%
6,200
1,700
100
r
34
—1
Gas
9 VA
Jan
61Vs
Jan
2%
Feb
3%
6%
Jan
4
2V»
preferred.100
8 %
Feb
Feb
__
25
3%
Jan
71
.,4
1
warrants
3%
700
6
3/a
•
Southern
6%
12
•
Arms
&
•
,
13 Va
"4%
&
-
.
8%
..4—1
& Elec 5%
}
^
5%
ordinary.—
Iron
Feb
Jan
48
30
•
11%
Rosenberger Inc
Airlines..
Feb
A
*
common
Development
Feb
6
76
•
Co
Jan
4%
71
*
...
Feb
9
Vy 97a
6 Va
300
common..
Corp..
Utensil
Jan
Feb
U' •Feb
V" 47/a
1
4
Lights Inc
Mfg
Electric
7%
Feb
92
x8%
106
125
1
Lambert
&
*
200
67%
•
10
Jan
.500
6%
__4____*
Co
Jan
Jan
♦
—
Auto
7 Va
5%
•
6-
Jan
00
4 Va
10%
*
—
L $7
&
Feb
Jan
*
:
preferred BB_
Cities
7%
114%
10%
■
68 %
...
Feb
Jan
92
.
11%
10
.....
$6
preferred
60c preferred
94
100
3%
Jan
3,500
i'V
...
Feb
Feb
6
2,400
8V2
Feb
17
5%
4%
;
25
Childs Co preferred—
Cities Service common
Jan
Feb
10%
>4
,
—
Feb
Jan
104
125
fcv
U
v
1
18
7%
,
Feb
114%
500
-
105%'
5%
Feb
7
Jan
2%
590
:
x8%
104
—
15%
Feb
15Va
.
92
90
x8%
10%
6%
1
91
—;
;.:-y
•
39%
,
Jan
7%
5,700
3,600 V
"
-4,
.
Jan
7%
5
1,000
104
3%
7%
4
18
Feb.,
Jan
V
Chicago Rivet & Mach
2%
16%
109
102
"ilak
:
:
Cliesebrough Mfg—
Chicago Flexible Shaft
Mining—.4-
Jan
300
Feb
Consolidated
Jan
38
10,600
Feb
Co
%
10%
%
Chief
Feb
Feb
106%
"7%
4%
Jan
.
1%
11
Vyv/lOv.
75
y;;
7%
V :
;
10
Jan
6
■
Jan
7
4-
C0I-4—...4.4...—1
Jan
9%
"7%
Jan
6
300
10%
Light
Metal
i
'■
:Z'r
7%
:
1
Jan
Corp
'Zw*,
Jan
39%
.109
Jan
5
Jan
n
.
—
10%
preferred.100
5% pfd—100
Proaucts
111%
29%
3%
—
__1
Elec
&
Power
Steel
11
39
109
%
V,;
Jan
'
'■
4%
Jan
Jan
:
A.-[-
100
28
3%
14.800
1%
10%
.4
10
America
Gas
1%
28,100
350
Jail
100
3%
1 Va
—
4
.
Feb
3 Va
3
—1
Power 7%
Aircraft
Cessna
Feb
24
23%
3%
4Va
•
Jan
3
7% pfd—.100
South West Utilities
—50c
Chamberlin
800
Feb
%
Jan
•
Co—
oi
5%
111%
V
%
1%
'8
%
common
&
4%
'■
2,200
1 Va
3%
8%
Jan
10%
preferred—♦
common
Central
4%
Feb
7% Feb
14 va
9%
*
common
~8%
new
3
Jan
5%
;:-
_*
.4
—
Co
1
713.
Jan
12 Va
.
13
•
preferred—
Casco
W-f
ZZZlOO
page
1%
100
1,300
•
Jan
12%
29%
Jan
2,600
900
(A
4
Feb
7
6%
—.100
A
8%
91%
%
Feb
2%
14
14
25
...
1,700
2'/4
11%
6%
Jan
2,900
—1
97%
20
Birdsboro Steel Fdy & Mach Co
Blauner's common
2
•
I.ZZ-1
common
common
800
2%
2 Va
1
.
6%
_1
Products——.4_4...44._44_.*
10
common
preferred
2V2
2 Vs
Alcohol—*
270
'
ZZZIZZl
Inc
Gay Furniture
Inc
13
6%%
Canadian Marconi—
Colorado Fuel &
Canada
Hedges
Jan
3
Carter1 (J W) Co
j
Corp
Aircraft
11%
Industries.Ltd—
Commonwealth
Bellanca
50
5
Jan
5
preferred...
convertible
13
5
voting
non
Canadian
Cohn
common
Mills Inc common
$1.50
14%
Jan
Assn
800
•
,
—
Brummell Ties
Jan
2
2
•
Feb
common..
preferred
2nd
Beaunit
Bell
A
12%
13
'
1
voting
Jan
Mfg—
convertible
50
Jan
Jan
3%
Refractories Inc..,
Feb
14%:
Jan
9%
1%
Jan
14%
u
2%
"111
Steel
Jan
14%
%
Jan
II_i
31
Jan
3 Va
Jan
common.^
common
Jam
100
1%
30
Co
Jan
10
participating preferred—
Cleveland
for
warants
Rubber
11
pfd—100
Foundry Ltd—
8%
.
.
preferred.
Baldwin
Feb
49%
Jan
200
8%
21 %
Feb
Jan
5
700
•
100
20
Ltd
3%
V
B
Baldwin Locomotive—
v
..
.50c
10,300
__5
_
49
1
14%
50o
common
2%
___l
.
Feb
3%
.v tv Feb
4 4 Va Jan
1,200
Feb
Jan
Jan
2%
200
10
106
V 2%
CQm^.10
Collieries
y'v
1
3% Jan
65
Jan
.25c
Corp
&
Car
Canadian
2%
-
3,200
2
9%
104
___.__._T
Wilcox Co
Jan
2%
Jan
Stamping
City & Suburban Homes
&
Jan
_...12Vac
Insurance
Cement
Feb
City
Babcock
2
48 Va
♦
Power
2
__._i.__25
Patoka
V
2.50
certificates
Electric
Fire
Feb
Jan
2%
3V4
17
common....
Tobacco
Jan
■
Machine..........*
& Sons
4%
Va
preferred
Axton-Fisher
Jan
dep rcts._
Turfgsten
Feb
2%
'
Products..
Avery
3%
30%
'■
9 Va
.
Voting
6,400
87 %
Products
trust
23%
5u0
6%
4% :
Corp
Automatic
Feb
4%
-
__
.25
Sugar Estate
52%
10,900
RR Co pfd__100
preferred
100
common
Automatic
9%
Feb
Jan
Jan
3%
'v
Corp—
Forge
Jan
Feb
Jan
45
5%
74
warrants—
Drop
7%
1,300
4.
9
___.50
1,100
Feb
22
22
•
Co
9
3,500
__
Carrier,
1
Feb
10%
;
^
Jan
3 Va
;
*
Corp..
Central
Fisheries
13%
Feb
38%
103
_
Atlantic
Jan
Power—
common—4-4.-41
A)
3%
•
A__
Feb
11 Va
3%'
*
Sullivan..
Corp Am
(P
28 Va
Industries—
class
1%
2%
5
preferred.
Biscuit
S3 Va
American dep rects reg
£1
Associated Laundries of America......*
Associated Tel & Tel
6%
1,500
common—^—....l
& East
&
$3
350
"15,000
4
Va
Jan
Jan
3
'■4t.;
2
l
Canada
Feb
Jan
u
.
61
.1
•
Refining Co.....
Associated
Jan
%
3%
__1
common
Central
Ashland
Feb
Feb
6%
2%
3
•
preferred
Hill
Inc
80
._*
.......5
Jan
4
4%
—10s
preferred..—....—.4
2,500
29
—.1
common
Jan
Feb
8%
—£1
reg
Wire common
Niagara
$1.60
24%
$7.preferred.*
Corp
28
9
3%
Ltd—
io
Power & Light
Jan
900
13 Va
13
.
__»
Pipe Line new
Buckeye
Buffalo
25%
10
non-voting.
52
80
Rubber
Bruce
5
14
104
preferred..
Arkansas
Aro
class
13
preferred
34
21%
14
•
Arkansas Natural Gas common.
Common
ord
rets
A
13 Va
.100
...
pfd
Jan
900
*
,*.4-4
Co—
Forman Diistillers—......
4 Va
1
....
Apex-Elec Mfg Co common
Appalachian Elec Pwr 4%%
Feb
200
5%
preferred
Jan
2
Angostura-Wupperman
.4
Fence &
Class
Brown
38
'.■¥
jan
23
50
'
*
common
dep rets ord reg
31%
*
.
6
46%
10
1%
I
1%
.100
—.—
Celanese
Class B
American
Co
dep
275
102'4 103
4%
r
4%
*.._i•%
A
British
19%
103
1
♦
common
400
V
Va
.
5%
dep rects ord bearer—____.__£1
5,900
24 V2
10
8%
Feb
Tobacco-
Feb
23
*
&
•
Oil
Feb
23
1
Republics
.V
•
American
%
100
._
Feb
100
........
A
American
14%
25
Co
44%
•
British
Jan
900
25
Jan
6
<
1
British
12
14 Va
20
common
Meter Co
Potash
37'/a
37%
7'"
25
—
American
American
83 %
5%
25%
common—.100
Maracaibo
American
Jan
Jan
200
6 V2
•
Feb
1 Va
38
Mach
Co
Preferred
American
...
Rubber Co
Mfg
Va
13%
preferred
Light & Trac
preferred....
American
Feb
%
24
~1%
common.__10c
American
6'/«
22
10
preferred.....
convertible
Hard
Jan
100
General
American
12 Va
14
Electric
convertible
Jan
700
22
VA
23
...
prelerred
American
$2
&
&
24
10
non-voting..
American Foreign Power warrants
American
6
25
__i
Cyanamid
B
3,100
Light-
A._.__
38%
24%
4———1
Bmck Silk Mills Ltd
—_
American
;
82
..1
&
;
B
500
*
Mfg
Power
class
!
i'tf
18%
A
Class
%
...
preferred
prior
American
American
Feb
450
'
Brown
S3
24%
Lgt & Pwr_.__.—•
.3..—.
class
Mfg
1%
15
3%
*
preferred
Brillo
52
100
common
B.
,
Jan
'
___1
common.
Jan
8
101% 104
102
..100
common...
Co
7%
52
*
common
Aeronautical
Corp
};«
..
Preferred
Class
8
52
—25
Bridgeport Gas Light Co
Bridgeport Machine—
Brill
42
High
Jan
7,500
1% ;:■■■■
44%
8
100
...
Traction
Corp
Low
10%
•
preferred-
Brazilian
1 %
13,900
-
__
Inc.
2d
15
•
...
Range Since January 1
High
13 Va
1%
Shares
•
1st preferred
$5
Feb
100
Beverage
American
114
•
_
common..
common..—
preferred
American
& Co
for Week
of Prices
Low
.1
Co common
Scrymser Co.
Bour.lois
Jail
24%
'
414
shown
are
Sales
Range
14
—1
—
preferred
Brewster
„
...
10
preferred
Aluminum
(Sj
(H C)
1st
Borne
,
Aluminum Co
common
Blumenuial
Jan
241'2,24%
■
.25
common.....
Jan
102
100
10414 105
Week's
Last
SaJe Price
1!)
optional convertible preferred
Bohack
Jan
72
105
Friday
Exchange
Feb.
fudge Corp common.......
$3
Jan
1%
—
•
Allied
A
Feb
l7/a
300
1%
/
___1
common.....
Investment
Class
Feb
6%
27%
214
3
50
—
$7 preferred
Fisher Inc
&
Alliance
6%
Jan
biue
Jan
Jan
(E W)
Bowman-Biltmore
Appliance
Southern
preferred—;
Alles
5V8
...
Air-Way
Alabama
Alabama
Jan
Bliss
Feb
1% Jan
.__„___._10
Warrants
20%
5
2
Air
Feb
5%
__
Curb
Ended
Par
Jan
19
4%
50c
...
range
■
High
Feb
20%
4
4%
5
;
(N J)
Accessories
20%
Week
Range Since January 1
40
6%
1
....
Ainsworth Mfg common
Aircraft
2014
selling outside the regular weekly
STOCKS
York
New
Shares
17 %
when
dealings have occurred during the current year.
any
Hixjh
17Va
Supply Mfg class A—______1
Class
Air
Low
10
.....
and
on
for Week
of Prices
Par
Acme
the transactions
Sales
"
Range
Sale Price
RECORD
the New York Curb Exchange for the week
beginning on Saturday,
It is compiled entirely from the daily reports of the Curb Exchange itself, and is intended to include
Feb. 13, and ending the present Friday (Feb. 19, 1943).
every
YEARLY
disregarded in the week's range unless they are the only transactions of the week,
No account is taken of such sales in computing the range for the year.
are
4
—
10
9 V4
10 Va
*
1,400
.—
_*
.1
•
____100
100
1
ia
334
61
60
3%
61
116''2 117
106 Va
2%
107
3
600
2.300
230
60
1.700
Jan
61
111
Jan
117
Feb
103 Va
Jan
107
Feb
2
Jan
3%
Feb
Feb
,
THE COMMERCIAL
Monday, February 22, 1943
& FINANCIAL CHRONICLE
7i
Friday
STOCKS
Loio
Par
Mining & Smelt Ltd
Retail Stores
8%
preferred
Consolidated Royalty Oil——;
Consolidated Steel Corp
—-—
Continental Gas & Electric Co—
Consolidated
1
100
prior preference
9 %
Feb
11%
Feb
$5
Gilbert
37%
Jan
38%
Jan
5%
$3
ft
32
1,800
3na
900
%
Jan
%
Jan
1%
82
20
2
.79
Jan
1,900
400
15%
13 Jan
13%
Jan
i'
Jan
Alden
82
Feb
Glen
2
Feb
Godchaux
Feb
Class
16%
6%
7,300
15%
Jan
21%
Feb
Goodman
10%
1,100
10%
Jan
10%
Jan
Gornam
Y*
%
%
700
32
Jan
%
Feb
$3
Jan
1%
3%
Feb
Grand Rapids
7%
300
7%
Feb
7%
Jan
Gray
1%
1,400
U Jan
1%
Feb
Great
,a
200
1%
19
,4
Jan
%
22
Mfg
A convertible
Class
Non-voting
Feb
%
7%
1st
50
6
Feb
13%
11,200
11
Jan
13%
Jan
Great
2%
100
Feb
2%
Feb
Greenfield
7
1%
8%
prior preferred
debenture.
Gasket
29%
10%
Mich
De Vilbiss Co
common
Shoe
Diamond
common
Truck
Divco-Twin
16
13%
Feb
Hall
24%
Jan
Dobeckmun
Co
—
100
3 Vb
Jan
3%
Feb
Hammermill
1%
Jan
2
Feb
common..
54
25
50
Jan
54
Feb
Feb
110
Feb
~2%
300
1%
10
100
Jan
23
Dominion
Corp.—.
Draper
Harris
Driver
Jan
62 %
Jan
Hat Corp
x8%
Jan
10
Feb
Httxeltine
%
700
1
2
600
2%
1
Jan
Feb
Hecla
2%
Jan
Jan
14 Vb
200
16
Feb
Feb
4%
4%
900
3%
Jan
4%
100
5%
Jan
8%
Feb
21 %
Jan
21%
Jan
Test
Duro
Duval
common
Corp common
.
Sulphur
Texas
Fuel
8%
Hoe
preferred.
States
67
Feb
26
Jan
Holophane
66
Jan
67
Jan
Horder's
2 %
1,000
Jan
3 %
3
1 %
1%
300
1%
Jan
9%
600
8
Jan
$7
preferred senes A
$6
9
9%
3,200
7%
1%
1%
2
3,200
ii!
51
50%
25
26
Eastern
$5
Feb
t
v
Washing
Bond
Electric
Share
&
preferred
4%:
...
common.
115
3%
Horn
Horn
""
&
5
Feb
1,800
3 %
Jan
4%
Feb
73
1%
Feb
129
Jan
75
Feb
Jan
67%
-425
75
34%
900
7%
600
1%
132
Feb
100
44%
34%
Feb
27%
Jan
5%
Jan
8
Feb
1%
Jan
2
Jan
6,000
37%
Jan
44%
Feb
106%
60
102%
Jan
106%
Feb
108% 109 %
80
107%
Jan
109%
Feo
5
Jan
x31
31
7%
7%
1%
1%
43%
42%
.
106
5
—5
.
•
.i" 5
■ ••
•
4%
200
Jan
19%
19%
50
17%
Feb
19 V#
Feb
46
46
10
42
Jan
46
Feb
1
19
1
%
%
/r,
Jan
1 %
Feb
1%
Jan
1 %
Jan
2,0vU
4%
400
3%
Jan
4*%
25%
4
4%
1,000
19%
Jan
25%
Feb
600
1%
Jan
2%
Jan
Jan
36%
Jan
Va
22
25
2%
2%-
34%
34%
30
31
Jan
26
Feb
Feb
6
7,900
4%
Jan
6
6%
7%
1,050
6
Jan
7%
Feb
9%
450
9
Jan
9%
Jan
7%
7%
200
6
Jan
7%
Feb
24%
24%.
—.25
G
24 »/2
100
%
22%
Jan
24%
Feb
50
86
86
18%
20%-
Jan
10
Feb
11%
Jan
12%
Feb
100
12
7%
200
9%
9%
12
.;V
—5
M
75
Jan
86
Feb
15%
Jan
20%
Feb
81
Jan
1,100
7%
8 Va
■
6%
1,100
Jan
24 \'h
Jan
20
29'%
Jan
32
Feb
a3%
*
common
Jan
u3%
Jan
23%
Feb
25%
Jan
1*
,„I
*,
'
24
s—
Jan
21
' Feb
Jan
%
19%
Feb
Jan
19%
113
/':
•
113
Jan
*
i".
65%
*1.5
65%
64
3%
~~%
4
3%
%
4,300
■?
2,700
•
,
3
Jan
Jan
t'5%
Jan.;f
60
Jan
16%
14% Jan
5
Feb
Feb
4
•
—I
—
—
...1
V t c for 1st preferred
....
Hydro-Electric
Securities..
Hygrade Food Products—.—'.
Feb
Jan
—
TOO
Co.
Ligonier
Jan
18
400
32
23%
•
I8V4
31
50
30
18%
•
Corp........
Huyler's common
•
Feb
9 */4
5%
—;4—*
4—2
Refining..——
Hussmann
10%
50
9%'
9%
•
3,000
)
1%
1%
200
4a8
1%
"—5
4^8
1,000
1%
A
.
Jan
8
:
Jan
""/if
10%
Feb
Feb
1
Jan
1%
Feb
3%
Jan
4%
Jan
Feb
36%
350
31%
Jan
37%
Jan
4%
4%
3,200
2%
Jan
4%
Feb
~3%
_4%
97,900
2
Jan
4 %
Feb
400
42
52
\
52%
56%
14%.
2,000
Mfg
—
■Ja
Jan
'100
5%
Feb
28 %
50
6%
2,500
40
90
26
Jan
%
29
3%
ii!
28%
6%
Feb
94%
Jan
Jan
13
A Jan
33,600
1,425
22/4
Jan
Jan
Jan
29
Jan
8
Feb
50
25%
8
300
3%
29
7%
7%
Feb
2,100
29
3%
2%
7
——4——
...
3%
7%
■
Hydro
$3.50
Preferred
8%
1
& Airplane..—.
Fairchild Engine
2%
Brewing...—————-1
Falstaff
Metallurgical
Fansteel
—•
12%
8%
2%
2%
5,600
1%
Jan
2%
Feb
8
300
7%
Jan
8%
Feb
Jan
13%
5%
Feb
12%
1,200
5%
200
3%
Jan
70
57%
Jan
61
81%
Jan
88%
60
85%
86%
(Philai—
dep
&
ord reg
rets
Registered
1,000
' 3%
Jan
3%
of
A
non-voting—
B
voting——...
Si.50 preferred
Peter)
Franklin
Co
;«•
..1
.—
—
convertible
19
18%
Feb
Jan
15%
Jan
Feb
1%
Gatlneau
Jan
15%
Power
Co
common.
General
Alloys Co
:
Gen Electric Co Ltd—
Amer
Gas
For
Fireproofing common
& Elec $6 preferred B—
footnotes
see
page
1
10
preferred series A
General
713.
Jan
Jan
90
91
Jan
101
Feb
50
20
Feb
24
Jan
Jan
25
Jan
1
Feb
r
18%
Feb
Jan
200
15 %
Jan
19%
1,150
69%
Feb
73%
Feb
Feb
300
12%
Jan
14
Jan
2%
Jan
18%
19%
72%
73%
73%'
13
...
-
13%
;
■
4%
4%
6%
3,200
2
1%
2%
3,400
6%
Feb
Jan
2%
Feb
Jan
8%
Jan
13%
Jan
16%
14
16%
1%
8%
1
•
15%
shs—15%
*
*
—-—*
3,300
Feb
Feb
"7%
■;
"7%
:
600
16%
Jan
7%
Feb
Jan
1%
Jan
4%
Feb
•
...
'■
4%
>
3%
Jan
10
36
36%
-
__
7,800
Ai
Jan
500
7%
Jan
11
Jan
30%
Feb
3%
Jan
3%
Jan
Feb
22
1 %
Jan
3
Va
Feb
1#
Feb
400
14%
Jan
16%
Feb
400
7%
Jan
10%
Feb
2,100
%
Jan
%
Feb
11
,
-36%
200
3 %
500
3%
...
200
%
%
/if-
-
4%
21 %
v
——-—1
Air Chute
Italian Superpower A—
Jan
6%
%
-
—
J.
3
2%
;
■;
%
,7
;
1,000
%
700
•'
16 %"
15%
9 %
;
9 %
3,
%
1,300
2%
Jan
2%
•
32
■
Feb
Feb
Feb
Feb
Feb
11%
11%
500
11%
Feb
11%
Jan
20%
200
19%
Jan
20%
Feb
Jan
11
Feb
<
—*
-i.
11%
20 %
11
9%
47%
11
.
2,600
9
33
33
49%
_
225
29
Jan
33
.
200
45
Jan
49%
Feb
<F L)
Jersey
,6%
7%
72 %
72%
72%
10
——
68%
Jan
1
Jan
%
100
Jan
72 Va
1
Ja
•
•
11
3%
7U
14%
103
11
3%
100
9%
Jan
100
2
Jan
7%
J OO
14%
200
103
10
7%
Feb
11
3 %
7%
?%
3%
—1
Co....—4.
preferred.:
;
! 3%:...;, 3,600
;
74 s
\ ;
2%- Jan
3%
Feb
91
—
1
Jan
1%
Feb
66
Jan
74%
Feb
81%;,:.
81%
—^
_2—_——100
—*
;
'200
69%
Jan
81%
Feb
91-
79
Jah
91%
Feb
13%
73
-150
Jan
13%
Jan
1%
1%
—..—'-*
Central Pwr & Lt 5 Vs /i. pfd__100
preferred
i
-100 ;•
Glass -Co,—
Jeannette
Feb
49 %
Jacobs
'
•
£1
General Finance Corp common
Feb
10%
%
Home
;
10
'10
K
Feb
Jan
Feb
Kansas Gas &
Kennedy's
dep rets ord reg
11 %
Jan
21%
Hosiery
"
100
.1
•
Mfg Co common
Jan
Jan
1%
1%
33
—
preferred——.100
preferred:
Feb
9%
20%
•
preferred..—...—♦
Irving
Feb
15%
Razor
Julian & Kokenge Co
Gellman
11%
10
16%
Equipment..——1
Mills——
Interstate Power S7 preferred....:—.♦
Investors
Royalty..
...2—1
Iron Fireman Mfg voting trust ctfs—♦
Feb
Jan
1
participating preferred—....15
(Geo A) Co
1
stock.
Jan
16%
1%
Conv
conv
15%
50
5
....
Malt common
Jan
100
1
Distilling...—
&
3,700
11%
21
preferred
$3.50 -prior
,
—
Brewing Co.
Froedtert Grain
1,500
18%
12%
——l—.10c
Common
18%
•
Engineer—:
Indus
18%
18%
18%
•
Yards—;
Worth Stock
Foundation
_•
11%
99% 100%
99%
•
B_.__Li——'
•Class
Feb
Safety
Interstate
Class
Feb
_£1
—.—• 7-
B:—!
International Utility class A.L—■
Canada-
Class
coupon
Products.,
Interstate
Motor
A
shares—:
International
$1.75
3%
3%
£1
11%
9'%
50
Inc..
Industries
Petroleum
International
Jan
59%
Power
Metal
International
Jan
1,025
5
10
Light $7 preferred—•
Ford Motor Co Ltd—
Mfg Co.
Association
Florida
Jan
Jan
10
12%
5%
Fedders
Feb
8
1
Fairchild Aviation—
9%
Electric—
scries
Industries
International
8%
500
11%
*
Cigar Machine
International
Jan
11%
11%
11%
America——10
ofr North
Co
Insurance
International
7%
Feb
11
—100
preferred
International
3,200
Feb
5%
1
Industrial Finance v t c common
Feb
8%
Feb
23%
Jan
..100
preferred
Feb
30
1%
Jan
3
dep
Ireland
Feb
1(1
29%
29
Jan
25
3,000
4%
♦
—
Indianapolis P & L 5%% preferred.100
Indiana Service 6% preferred.——100
Feb
8
Co.—
1
900
4%
29
4%
Chemical Industries—
;•
rets regis—
—
£1
Imperial Oil (Can) coupon—.——•
Registered .———_4____„
Imperial Tobacco of Canada.—...
.5
Imperial Tobacco of Great Britain &
Am
Feb
Jan
Zinc
2,100
295«
\t%
#-
preierred—........50
certificates——:—
Imperial
Feb
Feb
4%
88
arrear
Illinois
Jan
6
convertible
Div
Feb
5%
6%
......1
Inc common——
EversLarp
14%
Pow^r On.——U-—a
Iowa
5%
Feb
Jan
7
Illinois
Feb
56%
28%
Pipe Line common...—...50
Eureka
!
53
Jan
14,800
—....——.—1
Inc
Esquire
Jan
43%
3,100
6
5%
Jan
73
;
Fibre
Feb
900
88
Gen
i'%
pfd—1
$5.50
& Co
52%
1,900
6
5%
Feb
100
Feb
Jan
"
Oil
Humble
19%
90
4%
24%
4%
(Harvey) Inc———.44..
Hummel-Ross
19%
4
$3
Jan
4%
—
preferred
Feb
5%
_1
15
—
pfd
participating stock
Power
Empire
Fuller
Feb
22%
%
1%
—
..
»
Hardart—...
&
Feb
%
12
53%
Empire District Electric 6 %
i
29
300
■
—5
Co common.—
Ci
(A
2
18
100
•
Einsco Deiyick & Equipment..—
5
Equity Corp common..————10c
$3 convertible preferred
1
Electric
Emerson
Fox
Feb
24%
'".%
common...—....
(Geo Ai
Hormcl
9%
10%
'
Fort
27
23%
Jan
..
•
Co
Jan
10.700
warrants...—
Option
Electrographic Corp
Elgin National Watch CO.
Ford
200
Inc.......—.
19%
1,300
"%
"".'/a
51%
...—...—...
preferred—
——_
Electric Power & Light 2d pfd A
Am
"l%
Feb
it
Alabastine.—
....
Jan"
36
-1
c.
$6
Fire
2,700
■
Feb
10
17%
18
*
•
Machine
B
Economy Grocery Stores.
$5
%
98'/2
Sugar Associates-
preferred
Easy
%
.425
:i—
Jan
20
%
•
———
Va
...
&
42
500
52%
25
preferred series B——...
1
Jan
96
'
6%
—
90
L_—.
i.
Consolidated
Hollinger
Feb
1%
Jan
3
25
Corp
98%
Feb
Jan
Jan
.100
——
Iron
Malleable
Eastern
Eastern
97%
Chemical.....—
.10
& Co class A—.—4——10
(R)
7%
9%
Feb
97%
Henry Holt & Co participating A_4_
*
Hewitt Rubber common:...'
—.5
56%
100
prior preferred
4 % %
6%
Feb
7
Tea-
common4i4_;—
Co
100
*
Assoc common.
30
Jan
5%
200
10
Lead
Picher
Gas &
Jan
5%
4%
Hubbell
Eagle
26%
800
^.4....—..25c
5%
East
1,700
7
4%
Paper..—
.4
24
*
.1
*
30
Rubenstenu.^.4.—
A
8
———1*
class B
Hosiery
Durham
Jan
28
6%
of America B non-cot com..1
Corp.——
4—4—.
*"
67
——10
Duke Power Co.—
14
.100
Mining Co.:
Class
Jan
7%
66%
Feb
13 %.
Paper....
Preferred
67
Jan
4%
Feb
Jan
Jan
Dept Stores common..——.5
convertible preferred—-44—l:50
Helena
16
7%
•
———
45
12%
2%
Heller
—
Co..——
Jan
Jan
Jan
Hearn
*
Steel & Coal B——25
5
28
f
10
Electric Light..—25
Hartford Rayon voting trust ctfgi—_1
Harvard Brewing Co_._____4_
...__1
Heyden
Dominion Bridge Co Ltd.—...
89 %
3,700
Harttord
62%
4%
104%
Jan
H
500
1
Jan'
Jan
Jan
4%
13%
—1
Co—__.i——
Lamp
2
2%
Jan
13%
Feb
30
90
3%
16
32%
4%
Jan
Jan
3%
10
Feb
Feb
Jan
100
;
stock.:
common
Lime
110
•
1
—1
...
common
200
.
.
Utilities
~i%
—10
10
Products
Steel
Detroit
Co common
Stove
150
_5
^
preferred..
54
1
1
Foundry—;—
Gray Iron
Detroit
4
89 %
.
Tap & Die
States
6%
Detroit
100
Jan
103% 104
4%
——*
10
Pacific
&
Northern
2
*
1
...
Jan
Feb
Jan
8%
without warrants—.20
preferred
6%
30
50
.100
com.—,—*
Mfg.—,——
&
1,250
11%
1,000
13%
*—
Derby Oil & Refining Corp
A convertible preferred
Detroit
10%
12%
Jan
15
10%
13
3%
Jan
103 %
31
104
Grocery Stores Products common. ~25c
Gulf Oil Corp—i_—
'.i,—— ..25
Gypsum
10%
Stores.—.
——
1
Dennison Mfg class A common——5
Feb
52%
30
7
-.
—"
preferred
12%
—35
65%
,; 10
106
Feb
7
Gulf
Dejay
S6
Co.
Feb
J"n
5
.
!—
Varnish
Atlantic
2%
„_——1
Feb
Jan
.
Feb
Jan
7%
5
—*
Feb
13 a
%
3%
_50
—...
A."—
common.
1 %
D
Mills.
Dayton Rubber Mfg
Mfg
2%
3%
-2.50
common.—
6,200
6%
Mines.....
Co...
class
2,100
3%
7
Feb
.*
...
preferred—
$6
Petroleum
41
♦
—_
—
Mfg
Inc
Gorham
7
Jan
65%
65%
•
A.:
Consolidated
10%
13
30
—
*
...
Sugars class
Goldfield
Jan
Coal
preferred
19% ' 21%
5
72%
420
1%
106
•
;
i
,
B—_
10%
10
Davenport Hosiery
common.—
Co...
20%
common-
Jan
Feb
Ja n
1%
5%
3%
61
45
Gilchrist
1
High
90
Feb
$7
•
Inc common..
Curtis Mfg Co (Mo)_„—:
Darby
Power $6 preferred..
preferred..
(A C)
41
1%
—•
—*
*
.•
preferred.
Georgia
Feb
4%
25
preferred
Lighting
Curtis
9%
Jan
200
1%
*
Tobacco
Jan
8%
1,450
15
5
•
—25c
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar
Cuban
Feb
5%
80
•
International A
Drug Co common
convertible
Feb
12%
39
40
Low
72%
stock..
A
& Electric common—.1
Water Gas
87
Jan
♦
—
Cork
Crown
Gen
Jan
1
...
—.
Crowley Milner & Co.
Crown Cent Petrol
(Md)„.
Crown
Feb
38%
>,
1%
5
Co..
7%
VA
ill
,—
Liquidating Co——
Brewing
Jan
5 !•:,
_•
Croft
Feb
9
100
l
„
Petroleum—.
1%
Co
$6
Service
Range Since January 1
Shares
,
High
70
6 %
Public
Rayon
B%
4,000
Ilic
preferred A
nil
Petroleum common...
„50
5',v
convertible preferred—,
Courtaulds Ltd—
American dep receipts (ord reg)„£1
W
9%
11 \A
"S'A
»
$6
C
9%
10%
Jan
76
9,600
10%
Cosden
Creole
12%
Jan
prices,
Low
pfd—.—100
preferred^..*
—•
General Shareholdings Corp com
1
$6 convertible preferred
,
„V
General Tire & Rubber 6% pfd A..100
Outdoor Adv
General
General
General
Jan
38%
.
Reynolds
&
10
87
11
107
5%
3,300
87
•
Copper Range Co.
Cornucopia Gold Mines-—.—
Corroon
1%
7%
Jan
1%
*500
7%
12%
common
Cooper-Bessemer
S3
1%
7%
4 %
Jan
Sales
for Week
Range',
of
Sale Price
19
Par
Feb
37
Jan
3%
100
1
prior
31
107
10
*
preferred—
Continental Roll & Steel
Cook Paint & Varnish Co
7',i
125
37
Last
Exchange
Feb.
High
Low
Week's
Friday
■'
Curb
Ended
'Week
Range Since January 1
Shares
High
36%
5
Consolidated
of Prices
York
New
for Week
Range
Sale Price
S T Ut'lts
Sales
Week's
Last
Exchange
Week Ended Feb. 19
Curb
York
New
Feb
Ken-Rad
Feb
Kings Co
Feb
5%
Inc
Elec 7%
Tube & Lamp A——.——-
Lighting 7%
preferred D——
Products...
Petroleum.
13%
Jan
14%
Feb
Kingston
96
Jan
106%
Jan
Kirby
pfd B„
v
10C
—100
1
1
■
—
•
8%
8%
200
Jan
6%
-5
——
118
115%
preferred—100
Jan
6%
5%
Jan
8%
Jan
Jail
Feo
47
2%
—
2%
?%.
2%
2%
1,300
.
300
Jan
47
Jan
32
•
Jan
26
Jan
Is
Jan
2%
Feb
1%
Jan
2%
Feb
.'Volume
THE COMMERCIAL
Number 4153
157
&
FINANCIAL CHRONICLE
71L1
NEW YORK CURB EXCHANGE
STOCKS
New York
Week
Curb
Last
Exchange
Ended
Week's
Friday
Feb.
of Prices
Par
Klrkland Lake
Klein
(D
G M Co Ltd
Emil)
Co
Kress IS Hi
%
_1
.
5%
5J/a
100
96'/2
97 %
180
Oil
Navarro
16
%
4 %
Jan
5%
Jan
Nelson
10
Feb
97%
Feb
Nestle
Jan
13
5'/2
1
5'/a
600
4 %
13
Jan
Jan
5%
Corp
(Herman)
Le Mur Co
England
Haven
New Idea
Tel
9V2
Ino
Lakey Foundry & Machine——.
Lamson
Corp
of
Delaware—
Lane Bfyant l'/o
Lane Wells Co
2V&
2%
1
Mexico
Jan
31%
Feb
New
Process
8%
Jan
10%
Jan
N
Y
.2
j%
Jan
3%
Feb
N
Y
City Omnibus
r eo
3%
Jan
N
Y
&
100
Feb
Feb
N
Y
Y
1,500.
'
100
—100
101
30
■
_1
—
6%
101
8%
Jan
Class
B—
Convertible
—*
2%
1
preferred—
"2%
Feb
%
Feb
Jan
%, Jan'
;_*
Lehigh Coal & Navigation—
Leonard
Oil
Land
&t Arizona
Co
Auction
Le Tourneau
(R G)
Line Material Co_
Lipton
Lit
{Thos J)
Brothers
1.
Inc 6%
-5
——
14
$6
N
Y
&
Light 7%
preferred.,
24%
Jan
1st
8%
2,200
7%
Jan
8%
Feb
5%
2d
19%
200
17%
Jan
19%
Feb
Class
A
optional
Class
B
optional
•
7%
—
common
<_»
7 7o
preferred class A—
TOO
%
Founders
100
Y State Electric & Gas
N
Y
Feb
30
Jan
3.200
67»
preferred class B
.100
Loudon
—
6%
Niagara Hudson
Jan
1%
14
Jan
iV
i
Jan
Land
Louisiana
Power &
Lynch
Corp
&
29%
400
27 Va
1,200
:
Water
Jan
Niagara Share
Jan
7%
1
Class
A
Jan
29%
Feb
Nineteen Hundred
Jan
27%
Feb
Nipissing
2%
Jan
4%
Feb
Noma
5%
Jan
6%
Feb
North Amer
103
Jan
105
Jan
Jan
18%
23
$6
M
$5
Stores-,-.
convertible
Manischewitz
Ma pes
Bl
Consolidated
Marconi
1,300
.<
Ml'g
2%
_•;
B
Radiator &
Jan
26
3
Jan
13
3%
Jan
4
•• •»«
Jan
1,200
Memphis Natural Gas
Stores
5
—*
*
—
Penn
7%
5-
,•
100
•
States
preferred
Chapman
Warrants
6Va',fc
A
2%
350
21
75
Jan
Ohio
Public
Service
3%
Feb
6%
Corp
24
Jan
Oilstoc'ks
2
Jan
Oklahoma
19
Jan
21
Jan
'
2,300
5
.
98%
~1%
preferred—
$3
5
5%
v
1,400
7
————10
Petroleum class A
Feb
Overseas
1%
5
•
5 Va
t c_l
200
.
5%
4
5%
V
4.100
Pacific
Jan
6 %
200
Jan
7%
4%
Jan
x3%
5%
3,400
4%
9%
shares—_—.*
17%
B
Co common—,———^.—,—*
26%
& Supply
—_•
Refineries——.——1
"2%
Mining Corp of Canada——
7%
Filters
Dakota
Montana
»
Jan
5%
6%
States
States Tel
6%
Co
Feb
&
Public
$1.30
1st
preferred
1%
National
22%
Jari
25%
Feb
23 Va
Jan
25 %
Feb
52
Feb
52
30
%
1,800
92%
93
60
82
5%
5%
■
1%
Jan
2%
Jah
Patchogue
Plymouth
Jan
8
Feb
Peninsular
Telephone
800
>
Jan
15Va
2%
Motors
Vb
2.200
4 Va
Jan
6%
Jan
1,300
16%
Jan
20%
Feb
6
2%
Jan
2%
Jan
17 V2
Jan
1974
Feb
180
91
Jan
947»
Feb
106 %
Jan
113 %
Feb
111
108 %
111 Va
100
108108 Va
104
104
10
107
Jan
109%
Feb
25
104
Jan
104
Jan
Feb
10
100
8'A
Jan
10
18%
18%
700
167«
Jan
18%
Feb
48
18 V4
10
Jan
49 Va
Jan
112% 112%
60
110%
Jan
1
5
150
3%
4%
200
3%
Jan
8%
650
Feb
IV2
Jan
u'dll
«!
50
Jan
0
10%
'
2U0
.
55
31V2
=«•>
8
.
' 7
9,400
iy%
-
.
r
u
.
1 Va
4,300
1%
Jan
101
29'A
293/'s
_«
167
'
169
100
Jan
10%
7
105
Cent
$2.80
?
1%
5%
Jan
166%
53
s
.
'"■■■
■
Jan
171%
Jan
21%
Feb
Jan
21-%
Jan
Jan
"2%
Feb
Jan
6-%
Feb
3,600
4%
V
40
Salt
Sugar
Water &
Jan
14 %
113%
t
Feb
250
13%
13%
<
Feb
10 V2
Feb
9
.Jan
12%
Jan
Jan
5%
57
Feb
Feb
Mfg
"5
«'■
Perfect
1
common
(Del)--
11%
TOO
TOV
Jan
%
13,000
:"*V;
Jan
%
Conv
Pierce
50
45%
9%
Steel
600
10%
10
•
pfd—
Co—
National
Tea
Ltd
•
preferred
4,500
93%
800
11%
Feb
% Jan
—..10
Gold
■
Union
For
12.50
Mines—.
Radio
L
&
Ltd
E
—
footnotes
see
paee
713.
30c
Feb
Feb
..1
—50
—
12%
Feb
Jan
Jail
31
3%
Jan
9%
Jail
Feb
28
Jan
10%
53
v
2,400
44
75
86%
87%
Feb
4%
10%
Jan
Feb
Jan
%
81
76
330
30
53
Feb
Jan
28
Jan
Jan
%
Jan
90
Jan'
75
25
162% 162%
■56
57%
107
150
Feb
Jan
81
Jan
51 Ve
350
108
104
75
4%
6%
5
6%
,
Feb
162 %
Feb
7%'
31%
Jan
57%
Jan
108
Jan
Feb
Feb
23%
Jan
500
4
Jan
5
Feb
1,000
5
Jan
7 Va
Feb
32%
Jan
100
31%
Feb
5%
5J/a
1,400
4%
Jan
5%
13
12%
13%
10,700
8%
Jan
14%
Feb
48'A
48 »A
49
2,200
42 %
Jan
49
Feb
8%
Jan
5%
31%
"
Feb
8%
8%
400
IV4
1%
5,500
1 Vb
Jan
1%
Feb
7%
Vl%
7%
200
6
Jan
7%
Feb
50
38
Jan
39%
Jan
Jan
39
39
50%
-
8%
Feb
50%
52 Va
640
47%
Jan
54
12%
12%
50
10 V4
Jan
12%
90
91
1,000
84 %
Jan
91
500
2%
JtUl
3%
Feb
100
8%
Jan
11%
Jan
Jan
13
Feb
—10
—25.
Glass—
Alexander
k
Pratt
Premier
10%
3%
.7.50
-
common——
91
—1
3%
11
11
~~%
7,900
7%
3,800
V;
3%
Feb
7%
5%
800
4%
Jan
'5%
Feb
5%
Jan
5 %
Jan
Jan
217K
_25c
,.
\\
~~%
5
6%
6VA
53«
5
21%
Lambert Co
•
21%
19
250
"
Gold
Mining——
Feb
Prentice-Hall
Jan
Pressed -Metals
Inc
of
of Nevada
common
Feb
Feb
—10
of Canada
Feb
10
...
common
&
Jan
Jan
19
Jan
28%
300
87%
50
RR
common
Scale
Sugar
46 %
87%
Jan
9%
<27%
•
Meter—a.
1
%
5,100
fit
■
,—*
Jan
Jan
34
3%
Jan
l\l
America
1j
34
Jan
Feb
Feb
Feb
Jan
5%
Jan
%
Feb
■
Corp
—.1
%
%
V'a
7,400
5
Jan
5
Jan
77«
Jan
8
93%
Feb
Providence
v
Gas...,
Service
Jari
105'A
Feb
106 %
Jan
114
Jaa
114
Ja
1,220
101%
Jan
108'a -Feb
—
.
of Colorado—
4%
300
3%
Jan
45«
Feb-
6%
1st
preferred
8%
938
1,200
63g
Jan
93 a
Feb
7 %
1st preferred—
12
12%
700
9%
Jan
12%
Feb
7
Jan
7
Jan
11%
12
600
11
Jan
12
Jan
10574 105%
.100
10
'
—
__
,
n
Puget Sound Power & Light—
$5
$6
Sound
Pulp
.
2%
1,100
2%
Jan
2%
Feb
Pyle-National Co common.
1
1 %
•1,600
3A
Jan
1 Va
Feb
Pvrene
Manufacturing
47
52
6,475
45 %
Jan
9
& Timber
105
49%
preferred—...
Puget
108%
107%
prior preferred
2%
♦
+
Feb
13,400
'~4.%
10'A
_•
common...
Mines
Postage
Mining Co—
Potrero
17%
Jan
*
.1
4%
-
—10
National Transit
5Vb
100
52
.25
—
common.
Inc
Polaris
Feb
Jan
10%
—1
common
Plate
Jan
8%
~4
IIoo
Metallurgical
44,/a
9
4
.100
;
Feb
Jan
14
1.000
31
80
preferred series A
Bess
Public
9
79%
28
56 V2
•Pittsburgh & Lake Erie.
1
/
Jan
Jan
Jan
_*
Sugar Refining—
*
16%
21%
Power 5%
Pitney-Bowes
Pitts
common—
91
Feb
Jan
Vb
-20
Co.:
Producers
10
9%
100
12 V2
30
-50
......
Rubber—
Governor
Pioneer
r
•
Co———
Securities
$3
,15%
-A'
10
4
3%
54,000
•
CO—.,
Packing
Phoenix
Powdrell
-1
%
•
com—
common
Power
Mfg
Circle
Plough
45 %
80
15%
400
19
Xll%
31-
.1
Co.
Prop
vPhila Electric
•
112%.. Jan
4 ^
.50
106
Jan
—25
Light $7 preferred
preferred...
Philadelphia Co
f
57Jan
._1
Jail
Jan
73
*
:
&
.Pharis Tire &
1
common—
102 %
60
16%
4%
18
1
——
Elec class A
Pepperell
Jan
7,700
11 =
Jan
V
■
.10
common——
Power
Penn
^
Jan
;
1—ul
Jan
29%
72%
79'A
15%
4V8
;
Gas &
$6
Feb
6%
13%
Jan
33%
Jan
-1
Mills
A
Airlines
Penn
Feb
.1%
"1%
113% 114%
13%
9%
Jan
28 %
series preferred—_——•_*
Penn
Feb
-13%
114%
105
79
•
a.
...
Penn
Feb
19%
5%
A>
Jan
31
1,200
3%
79
Pennsylvania Edison Co $5 series pfd-*
Feb
Jan
2%
•
National
National
Feb
•
Penn
Jan
,-'fi Jan
1% Feb
300
*
National
k
Feb
Jan
6%
•"Ul
17
1,0
IlOO
preferred
5Ya%
4%
700
32
29%
IlOO
Pennroad Corp common
Jan
J'>11
5%
2
i*
Tunnel
Feb
40
31%
•
V
"
•
Refining contimon—.
Rubber Machinery
National
~5
Jan
"—25
Corp—V
Power Corp
Car
114
*
...
Co.——
Pen
$1.40-preferred
,
Jan
Jan
.
1%
,21%
167
Pwr & Light $6 pfd unstpd—*
preferred stamped
.*
National
Feb
Feb
300
Pauteptc Oil of Venezuela Am shs„
6%
1%
r
National
National
%
4
20%
19%
Prosperity Co class B
$6
Feb
Feb
2,300
common^.
400
54
6 Vb
—1—:
Mfg k Stores
100
200
—.
2,100
'1%
;
National Fuel Gas
National
25%
Feb
100
pfd
Parkersburg Rig & Reel
.;
common
Container
Feb
Jan
2%
Feb
Candy Co
City Lines
Jan
62
Feb
1.%
-2 Va
Hess common-
convertible
Jan
94
9%
•
$3
52%
19%
Page-Hersey Tubes
Pneumatic
National
75
58
2%
Feb
N
Breweries
Va
92 %
.
Pittsburgh
National
3%
Jan
.—25
Light 7%
Feb
2%
xl8%
,
V.
-10
i
National
Jan
,/•(
25'%
....
Pleasant Valley Wine Co——
National Bellas
Jan
3%
19%
5%
Jam
'.Phillips
—....
Nachman-Springfllled
Feb
%
100
92%
Service...—.
Pittsburgh
:
"l
1,000
45.800
t«.
19%
Feb
20%
common
common!
Feb
___•
-
Power
17%
8
V8%
6%
k Tel-i—j——100
preferred
Feb
10%
52
25
Lighting $5 preferred.
28 Va
~6% IfiVa
''
-DC
Muskegon Piston Ring.
Muskogee
103%
Jan
Feb
1%
Jan
100%
'
III1
——
Power
Feb
Jan
8%
%
Va
•
18%
.—1,
A_—,T
City Copper common-
Mountain
91
3%
25%
•
Pacific
Jan
Utilities——10
Mountain
6,600
24%
100
Pacific
V
•
common
Murray Ohio Mfg Co
40
10%
Feb
1st pfd_.
25%
•"
52
52%
_1
Producers—
103%
*
preferred—
600
Moody Investors partlc pfdA—
Mtge Bank of Col Am shs—
Mountain
4%
1
28%
2
,
lib 50 '!
Montgomery Ward A„—4..
_•
Montreal Light Heat & Power——.—*
Mountain
Jan
Feb
—
Jan
7%
;•
!.
Molybdenum Corp
Pictures
3%
9%
B—
15%
.1
.
Monarch Machine Tool-.
Monroe Loan Society
1,300
50
150
-100
pfd_.
Service, common.,
Mock Jud Voehringer common...
Monogram
4%
%
56%
15
Feb
;—
_*
pfd—„.100
Public
Missouri
Jan
52
Gas common
Penn
Mississippi River Power 6%
%
5
9%
14
Mining & Mfg—.
Minnesota Pwr & Light
1,000
24%
—
50
:
Piping
,Minnesota
Feb
Jan
*/4
93
1st pfd
17%
1%
50
.
7%
Midwest
Mid-West
Jan
%
,
,
——.———10
Co
Jan
a\
K
100
Parker
Abrasive
50
104%
common
l'/e
Paramount
Oil
61
Jan
56%
Securities
1st
Pacific
'
9%
Mid-West
Jan
42
1/128 Jan
Jan
preferred
Gas & Elec
5% %
5% Jan
5%
Midwest
54
30
78,400
Feb
Feb
5%
Midvale
450
48
Feb
Feb
common,.———.1.5
Midland Oil Corp $2 conv preferred—*
Corp
29
5%
%
,
58%
■
Jan
1
12,300
Products—
Jan
Jan
prior preferred
conv
United
Jan
1%
Steel
2%
Feb
Inc.—
Jan
%
$2 non-cum dividend
Jan
8%
preferred
Oliver
%
1%
Midland
1%
Feb
104%
preferred
Natural
Omar
4%
.
—,1
v t c—
West
53,300
9%
pfd_100
A
class
common
Feb
Jan
2,350
1.
Micromatic Hone Corp———_—1
Middle
2%
•
13
B
Ltd
Feb
108
Jan
1.600
A;
5%
Class
$6
%
Jan
Jan
class
Co
6%
Jan
Jan
28
:
.,—2.50
;
Preferred.——
1
2,500
T5
Michigan Sugar Co——•
Michigan Steel Tube.'
Jan
25c
—
Metropolitan Edison
preferred—-—*
Michigan Bumper Corp————1
Middle States
67c
1st preferred
Jan
—100
1 %
Feb
43 »a
O
Jan
%
1
Participating
6%
105%
Jan
_4
21
•
preferred.,
Textile
6%
6%
.—*'
Scott—
&
——,—
19%
Jan
%
Feb
Feb
132
20%
Jan
36%
3%
Jan
4 %%
Jan
20%
16%
•
2
-*
;
Messabi Iron Co
Metal
Power
Power
125
Jan
102Va
%
Corp
Ohio
700
Feb
99
Jan
Jan
3%
107
Feb
.100
Edison
1,100
Jan
95%
Feb
10
22
102
——10
Brass
oaa
21
20%
180
Feb
50
...
Public Service
Ohio
Jan
—*
common—.—
Jan
Feb
Jan
5
Pipe Line
Ohio
1%
8
3%
3%
18
20
•
Oil.
Co
Feb
2,900
3%
Jan
1,700
Jan
102 Vb
♦
preferred—
$5%
Mfrritt
RR
Jan
1%
9%
•
common—_o
3
80
9%
50
Texas
1%
1'%
9
Feb
28
41/4
—_•
5%
4% Jan
;
1%
2 Vb
Jan
Feb
950
———1
Utility Securities
Northern
Jan
1
%
9
_*
—
5
Merchants & Manufacturers class A—1
Participating
•
•
Mfg B—
McWilliams Dredging
Mead Johnson & Co_—
Mercantile
Feb
Jan
Jan
.11
——
common—
Jan
3
1
—
Ogden Corp common
Massey Harris
l1
20%
57
Rayon class A—*
Novadel-Agene
4
2,000
a
19%
—5
———
Central
Nor Indiana
4
57
2
■<
2!
41%
.5
American
North
Jan
26
Steam Shovel-
Feb
105 Va
,45
*
—
common
Feb
Com-
—
Mass Utilities Association v t c_—
McCord
%
Jan
57
Co_
Marine
Feb
107
'
Corp B_—
Northern
Co Ltd
Margay Oil CorpMarion
3%
Jan
Co_
International
munication
1
——;
preferred——
(The
Feb
15%
62%
2%
58
Light & Power common—1
American
Northern
Mangel
5%
Jan
Jan
1/64
prior preferred
North
%
Jan
4%
13 %
18
2%
—100
...
preferred—
6%
1.400
Feb
57%
Feb
Class
,•
101%
41%
—..—100
Electric—
North
.13 i
Feb
Jan
Feb
400
104
10
Mines.
600
7,300
Manatl Sugar optional warrants-
200
20
19%
preferred.———..TOO
21%
400
11%
7,300
96%
-100
common
Niles-Bement-Pond
6%
23
5%
96%
pfd-100
class B common—,
Feb
4 Va
22%
$5.10
pfd——.
4.—!
preferred
preferred
3%
lis
6 %
Power
20
»
—
Service
6
ZI
Light $6 pfd—
common
29
-
Exploration
12,500
26 V
2 6'/a
♦
Packing——.
Louisiana
1
35%
Jan
15%
105
1
shares
N
Feb
%
Jan
12%
■
Jan
87%
140
■
500
7%
%
25%
62%
19%
warrants—
Feb
5% Feb
■
Long Island Lighting
20%
warrants
1%
95
1%
*
—
200
14
575
Shipbuilding Corp-—
29%
1
34%
158%
preferred—100
Jan
13%
Jan
-10
Merchandise—
Power
Feo
13%
5
—
2
2%
Jan
~1%
Locke Steel Chain—
Lone Star Gas Corp——_
Jan
5%
62%
_10
At
8 Va
.25
preferred-
common
1
warrants
Rosario
Honduras
4%
29%
200
28
7%
29 %
2
Feb
100
18%
„1
Inc
Feb
32%
—1
8,000
a;
Feb
2%
common,
18.300
5
8%
Jan
common
Co
%
id
4%
Feb
1%
15
5%
5'/a
Jan
500
92
.25
—
12%
*
.25
—
Development
33
*
...
5/0
..
200
2'A
Feb
Langendorf United Bakeries class A„•
Lefcourt Realty common..
IlOO
—100
....
20%
_5
preferred—
common—
3
4%
2
2
—
Co
200
10
37«
4%
common.
2,300
31%
Feb
2%
& Tel
Clock
N
29%
9%
Feb
110
9%
New
29%
1
16
Feb
8%
New Jersey Zinc
100
Jan
106 %
preferred
New
RR (N J)
Lake Shore Mines Ltd—
12 Va
40
Feb
New
Lackawanna
4%
A
preferred—
$2
High
900
•
class
England Power Associates-.
6%
10
Co——
lis
Neptune Meter class A
Jan
100
Low
16
% 107
106
—,—
Feb
New
preferred
Range Since January 1
•
Corp 1st pfd
in
96
Shares
High
15%
.100
preferred—
Sales
for Week
Range
of Prices
Low
Co
92
_*
100
Last
Sale Price
19
Par
Jan
Week's
Friday
Exchange
Feb.
High
Jan
Nehi
special preferred—
Brewing
Low
%
1,100
Curb
Ended
_10
——
Kreuger
High
York
Week
Nebraska Power 7%
Hoppers Co 6% preferred-:
Kresge Dept Stores—
1st
Range Since January 1
.„*
common—
(I B) Rubber Co._
Knott Corp common
Kobacker Stores Inc
convertible
New
Shares
—1
Kleinert
4 %
Low
STOCKS
for Week
Range
Sale Price
19
Sales
9
200
7%
Jan
9%
Jan
8%
Jan
8%
Jan
7%
Feb
7%
Feb
.„5
..10
-JI
7 %
400
52
Feb
-
THE COMMERCIAL & FINANCIAL; CHRONICLE
712
'
V
»■
'
-
.
•
'I
'
•
•
Monday, February 22, 1943
.
NEW YORK CURB EXCHANGE
Week's
Last
Exchange
Week Ended Feb. 19
Curb
for Week
Low
High
Low
Par
Sales
for Week
Range
of Prices
Low
Par
Shares
Range Since January 1
Low
High
High
'
81
80
81
--
280
Feb
143
Sun
Feb
156
(Hugo)
(Si
•
12%
Jan
15%
Feb
16
16
17%
800
13 V4
Jan
17%
Jan
7%
Jan
9%
Feb
1%
Jan
—
1
preferred
(Calif)
Co
2%
50
convertible
Oil
%
150
—
_
'
■
—
2%
3
~
13,700
46
46
58%
.
58%
—25
'
~
—
Oil
514%
Superior
Jan
15%
—
-a
•
Ray Drug Co
Sunray
,
—
Va
15
5
Corp
Co
Sullivan Machinery
Feb
81
Jan
70
20
156
150
100
preferred-.
Power Co
6':'e
Last
Sale Price
11)
High
Stinnes
Quebec
Week's
Friday
Exchange
Ended Feb.
Week
Stroock
Quaker Oats common
Curb
York
New
'
Range Since January 1
Shares
of Prices
Sale Price
STOCKS
Sales
Range
Friday
STOCKS
York
New
59%
Jan
3
Feb
50
43
Jan
46
Feb
700
51
Jan
60
Feb
■
•
Superior Port Cement class B com.
R
ft
%
10
1
10
*
9 %
9V'4
9%
Voting
common
Investment A
Packing Co. common
Rath
Raymond Concrete Pile common
$3 convertible preferred
*
& Engineering
Reliance Eiectric
Goods
Richmond
Radiator—
Rio Grande Valley Gas Co v t c
Dry
Stix
Rice
Aeronautical Co———
Consolidated Petroleum
Ryan
Ryan
& Haynes common-——
Ryerson
ft
Jan
%
Feb
Jan
12%
Feb
37
8
8,500
Jan
3%
10%
7
Jan
9%
114
Jan
1%
%
93%
14%
8%
100
3%
3%
93%
14%
Feb
2%
Jan
2%
16
16
100
16
Jan
16
800
49%. Feb
56
100
19
19
.
-700
414
3%
3%
•!;!
1.300
\
,
4 Vb
Jan
3 %
Feb
"n
«
". ,*vt
,
5,000
Jan
Feb
-J
1
4%
<■
4%
4%
Edison
regis
5%
%
%
43%
43 %
•'
1
2%
...
%
Feb
Jan
2%
Feb
Feb
45
3
Feb
Feb
Feb
103
Jan
61
103
.
Jan
Feb
Jan
109%
Jan
\h
Feb
1%
1%
1,700
1%
Jan,
2%
Jan
8
8%
1,300
6%
Jan
8%
Feb
ft
12,100
32
Jan
i'tj
Feb
4%
Jan
6%
Feb
J/a
.
ft
'
,
ft
*
.
Jan
'
—
— -
1%
'•
1
47%
'
'
7;%
451/4
6
7—
49
ft.
2%
***•««
;
Jan
39
49
Feb
600
7%
2%
*
'
1%
Jan
2%
Feb
400
2%
2%
'
4,200
450
7%'
1
_• '■U.
preferred
Jan
108
a--.
2%
Jan
8
-10
A—————
Feb
53
20
1%
•
convertible
1%
1,300
...
....
Corp
138
.
a.^
■
...
:
"Tung-Sol Lamp Works—.
80c
Jan
43
'
■
J
warrants—
Chatillon
U Feb"
Feb
Va
100
-
60
J.~.
■
...1
Transwestern Oil Co
Class
5%
20
11
'
1%'
607
,
I100
—
Inc
i% '
.100
—...„—
Corp
Tubize
700
4%
—a
»
Tonopah Mining of Nevada—
/
Jan
4,600
2%
_•
preferred
6%
Tri-Continental
Jan
4 74
,
130
■'
'■
Jan
17%
100
5%
;
3%
....
def reg.—_u.—_
Trunz
Feb
'
'
ord
preferred.
Lux
9%
a- —
1,800
20
20
•
Exports
Feb
21
Trust Co Ltd—
recs
-Trans
Feb
Jan
Jan
dep
7%
'
:
4 Vb
Jan
6%
'
HZ*
Shipyards Corp
Toledo
Feb
3%
Jan
r 3%
600
13
4%
Jan
314
200
334
a4 %
1
•
-1
Feb
19
'
4%
4%
Jan
'
•
Construction—_
5
^,
Jan
19
19
8%
Jan
17%
m**
5
Stocks—
rets
Amer
Jan
54%
dep
Todd
Feb
52%
52%
3%
1,100
'
Feb
3%
2%' Jan
1,200
Allied
Amer
Feb
8%
•
Jan
Realty &
Tobacco Security
Feb
Jan
,77/#
200
2%
-2%
•
Jan
13-
100
8%
91%'
50
14%
Jan,
ft
y
1,600
9%
—1
Product
Feb
1,300
6,400
4 Va
20%
8%
-1
2
...
common
&
Jan
ft
Co
Tobacco
Feb
3
Shovel
Tobacco
Jan
1,700
pfd— ZIOO
Light 7%
Roofing Inc
Tishman
Feb
Jan
914
93
93
Tilo
&
3%
8%
:<
Oil & Land Co,
Thew
Jan
1014
Power
Texon
Feb
i;{
24
300
1%
Jan
20%
6
i—■;
common
Texas
Feb
1,400
%
2%
Russeks Fifth Ave————-----:
Jan
%
Jan
21%
1%
1 '/a
—•
—*
Typewriter——
Royalite Oil Co Ltd—
%
300
10%
pfd D——100
-•
common——,—.—5
Roosevelt Field Inc
.i—.
•
5
Root Petroleum Co.—ft.—:
1
$1.20 convertible preferred—
20
Royal
Jan
8
Cable Corp,
Rome
~5
3%
Pendleton Inc——
Roeser &
Technicolor Inc
3%
1
Taggart Corp common
Tampa Electric Co common
Feb
%
ft
7%
Rochester Gas & Elec 6%
15%
12%
'
3%
1
*
1
1
Manufacturing Co—
/,
8%
.a-*"1
—
T
,% Jan
Jan
14,100
,
—15
Oil Corp.—
Feb
2%
5,300
24
11
Aviation———————1
Republic
Rheem
"%
9%
Jan
1314
900
,
\l
.
24
50c
5
Oil Corp
Reiter Foster
%
.
Jan
—
Feb
7%
775
,
514
4%
5 J/s
Raytheon Manufacturing common..50c
Red Bank Oil Co
——
1
Reed Roller Bit Co.
———*
%
25,000
15%
15
Jan
14
%
Railway & Utility
Finch
Swan
Radio-Keith-Orpheum option warrantsRailway & Light Securities
'
6%
Jan
77- 7%
Jan
U
Corp Ltd-
Lawrence
$2
A
conv
4
%
A)
common
Convertible
Electric
Scranton
Lace
Scranton
*~1
Steel
27%
Jan
Jan
1 %
Feb
12%
Jan
13%
Feb
,100
22%
Jan;
28
2
Jan
2%
Feb
-10c
1%
Jan
2
Jan
—10
3%
Feb
4
Jan
5
Jan
7 6V»
Feb
:i::i
6%
Jan
~9%
General—
1
Inc
2,000
25%
Jan
28%
Feb
20
-
50%
l7/s
700
Jjf Jan
Jan
20%
Feb
47
700
1%
Jan
17%
520
9%
1 %
*
—
&
Co—-—
Shoe
3
prior stock
—«
25
!
%
Jan
4 %
Jan
5%
Feb
13'A
Feb
13 %
Jan
%
Feb
ft
12,000
6%
5%
800
58%
300
60
400
Mining————5
Shawinigan Water & Power—
*
3%
2%
3%
6,500
—25
8714
Co
Canada
of
common
90%
1,000
10
116
52%
52%
Feb
6%' Feb
Feb
60
Jan
Jan
60
Feb
5
Jan
~5%
Jan
2%
Jan
3%
Feb
Jan
83
15'
90%
Jan
Feb
Feb
116
113%
Jan
Jan
12%
Jan
Jan
1%
Feb
Publications—
Aircraft
Co....
1%
—1
100
.
Manufacturing
*.—
South
Co
211
1%
300
214
130
1
175%
Penn
Oil
96
2%
1
25
—
—
234
1'..
300
228
Jan.
Pa
$3
Amer
California
Southern
2%
2%
'500
2
3%
24,100
2
2%
3
,
2%
100
3
200
3
40
40%
40%
40%
41
30%
original preferred——:—_—25
preferred B——.——
25
5%% preferred series C_.
—25
Power class
Colorado
7%
Shoe
Jan
1,600
98
Jan
Jan
2%
Feb.
Jan
%
1%
2%
Feb
Jan
3%
Feb
Jan.
3%
Feb
Feb
3%
Jan
37%" Jan
40%
Feb
3
.30%
29%
1
A—25
41
210
40
Jan
41
Phosphate
Line.
Co———-
Pipe
Royalty
Spalding (A G)
1st preferred
..
Co.—
& Bros.——
—-
Spencer Shoe Corp
Stahl-Meyer Inc—-
400
29%
Jan
31
Oil
28%
Feb
29%
100
%
Jan
1
10
10
_5
1
•
5%
"7%
5%
500
5%
8
8
100
1
7% Jan
7%
.
2%
8%
2,200
2%
100
27
27
27
130
%
6%
Jan
5%
Jan
8%
3%
4%
Va
800
2%
%
9,900
ft
Jan
%
Feb
3,200
21 Va
Jan
24%
Feb
34
50
29 Va
Feb
34
Feb
82%
40
80
Feb
85
Jan
Feb
250
250
%
—
Co
66%
65%
67%
1,000
43%
43%
80
Standard
Tube
%
5%
200
4
Jan
5%
Jan
4,500
2-r8
Jan
4%
Feb
50
7%
Jan
8%
Feb
•
%
%
Jan
U
with warrants
Lines Inc preferred
•
10
$5
1
B
U
S
U S
U
1st preferred
1
class
8%.
S
Reclaiming
Rubber
Wall
Jan
69%
Feb
8%
900
8
Jan
8%
Jan
Jan
28%
Jan
Feb
1%
1%
1,700
l'A
Jan
1%
Feb
2
2%
400
1%
Jan
2%
Feb
Jan
ft
Feb
Jan
2%
Feb
B
1
Feb
?
trust ctfs_
Pictures
i.1
common—.'
1%
—,
.
'
1
Feb
93a
Jan
14%
Feb
Jan
15
Jan
43 V*
Jan
58
,50
14%
Jan
16%
Feb
"800
2 Va
Jan
2%
Jan
45%
Feb
;•
13%
14 V4
13
-
13.000
15
—
57%.
Sugar
8
;•—
600
16%
' 2%
47
^
1
10c
1
common——
7 200
1
stock.
'
2%
2%
preferred
Products
•56-
16%.
•
Utah Power & Light $7
priority
:
1
Products Co.
Radio
2,100
15,500
1,000
8
Universal
Utility Equities
ft
2%
2%
2%
*
;
Universal
Utah
%•
—
10
Insurance
Utah-Idaho
>
2
vofing
Universal Corp
Universal
"•
50c
Paper—
1
*
46 %
58
w
2
—
,
.
-
.
55%
~%
Feb
47% Jan
2%
Jan
Jan
Jan
1
Feb
Jan
%
49
25
55%
55%
1
1%
24
5
57
7 Feb
5
57%
Feb
•
Co.
preferred
Feb
Walker
Mining
Va
Feb
Wayne
12%
Jan
15
1%
Jan
1%
1%
1%
1,000
15%
15%
3,100
class A
& Bond
Waitt
Irt
'!(!"
32,500
%
"la
400
ft
100
16%
500
6%
Jan
ft
15,600
ft
Feb
1*6
800
22%
Jan
27%
800
1%
Jan
5
25%
1
1%
8
27
1%
Mills
5
Feb
Wentworth Manufacturing
Jan
13%
Feb
West Texas
Jan
15%
Feb
West
Feb
Western
2
Jan
112
Jan
it ;
Feb
Jan
Feb
9
9,
100;
3%
4
600
3%
Jan
4
Feb
7%
500
5 Va
Feb
7%
Feb
*7%
*
Feb
...
,
*7%
200
Feb
~7%
%
%
200
%
Feb
%
i'«
,V Feb
Jan
%
Jan.
23
Va
Jan
1.25
Utility $6 preferred
Coal &
icf
%
600
Y'«
Jan
%
12
Feb
12%
700
11%
Jan
12%
Feb
2%
Jan
12
7%
Air Lines
5
Inc
500
3
Feb
3
3
Jan
99 Va
Jan
"4
4%
6,100
4
Jan
4%
Feb
6
614
2,400
5%
Jan
6%
Jan
98%
1
—20
Western Grocer Co
Feb
Feb
Western Maryland
Feb
Western Tablet &
Feb
Westmoreland
Coal
20
Jan
Westmoreland
Inc
10
Feb
Wichita
%
Feb
Williams
Feb
Williams
8
.
Feb
_4
_•
Coke
1%
,
■
1
Co
12 %
2.300
Feb
57%
714
3%
•
Class B—_—
13
ft
7%
Feb
Jan
44
,
Feb
5%
Jan
15%
23
240
1%
25 Va
Jan
100
Knitting
1,150
7%
57%
53
4%
1,400
Jan
Jan
18
525
,
'
14%
23
5
%
5,700
25%
9
Wagner Baking voting trust ctfs ext..•
Jan
110
v
W
Aircraft
Jan
13%
1
1%
21
1
Petroleum—
%
13%
—1
B„
Shoe
Ry 7%
Mfg
River Oil
(R
C)
1st pfd„100
Stationery com
10
Co
70
290
67
250
14%
70
Jan
16%
Jan
>*
13
13
100
13
Feb
Feb
16%
Feb
13%
Feb
ft *&'
6%
614
7%
200
5%
Jan
714
Feb
•6%
6%
200
5%
Jan
6%
Feb
7%
1
Corp
&
69
16%
70
*
Jan
8 Vb
Jan
2%
Feb
•
*
;
~9
•
3%
1
3%
1,600
Sterling Aluminum Products
Sterling Brewers Inc
,
Inc
♦
common
see
page
1
1
1
713.
Jan
214
Jan
Feb
35
.50
—_—20
preferred
footnotes
60
2
•
Consolidated Oil
Universal
1 %
4
1
.—
1st preferred
For
650
1%
^—1
S Radiator common
4%
Jan
•
common
Co
\k
67 %
8%
,
69%
28
68 %
3,000
Plywood $1.50 conv preferred—20
Jan
2%
of Canada
B)
Jan
4%
Jan
2,100
Steel
(J
43%
8%
Jan
4 %
100
Sterchi Bros Stores
Stetson
Jan
8%
class
5
1
Specialties common
Foil Co
S
Weyenberg
Sterling
Feb
68%
3%
S
V*
(The) Corp voting trust ctfs—1
2d
2V4
Jan
43
3%
Feb
Feb
Jan
2Vt
43 %
Feb
Jan,
3%
Starrett
5%
50
Feb
%
ft Jan
100
.
2%
common—25
Feb
1
pfd
—
Steel Spring
6%
%'
2%
%
:
■
•
—L.—.—25
%
•
20
—
& Co
Jan
Feb
2%
•
(Ohio)—5%
Standard
(A)
%
24%
Feb
27%
10
Standard Silver Lead—
Co
Jan
23
Feb
Jan
3%
10
Preferred
Stein
V«
Feb
8% Feb
1
Common class B
■
Feb
63
Feb
Jan
1 %
23
2,000
♦
(Ky)_
Products
Feb
ft
80
.
10
..100
2.78
Standard Power & Light
Standard
1%
119%
Jan
32,200
%
5
•
—;
Co——
$1.60 convertible preferred
Standard
Jan
Jan
ft
115
Jan
200
ft'
Standard Dredging Corp common
Oil
Feb
5
U
Waco
Standard Cap & Seal common
Convertible preferred
Standard
1
Graphite common
U S and International Securities
United
U
7%
Brewing
Feb
3A
1,250
Canal Co.—100
—.
Venezuelan
Spanish & General Corp—
Amer dep rets ord regis—
Standard
Feb
13%
46,200
•
Southland
%
Jan
Feb
31
29%
__
Southern
Jan
,
600
1%
1%
80
•
Sharing—————25c
Machinery
Preferred
United
preferred
—
100
Southern New England Telephone—100
Southern
Jan
ft
Ltd—
preferred
United
%
10
Edison—,
5%
6%
Southern
preferred..
Co
RR &
Profit
10%
Jan
rets ord regis—
dep
United N J
United
Jan
57%
50
13:
117% 119%
——_•
Products—
Molasses
12
Jan
32
*
participating
Line..—.—1,——10
Pipe
•
*
preferred
$5.50
Southwest
A
—
United
1%
117%
ft
%
ft
23
—I
•
warrants—,
United Milk
Feb
Jan
363,900
'in
•
13%
Universal Cooler class A
Jan
„2%
'2%
—
"
Corp
1*2
preferred non-voting—
1st
2,100
55,400
„10c
Stores
warrants
United I ight & Power common
Common class B_
$6
-
12
United Gas Corp common—
Class
1
———1
Soss Manufacturing common———1
South Coast Corp common..,
1
Solar
Sonotone
Cigar-Whelan
Corp
$7
»
57 Va
United Elastic Corp
1st
9%
common.
United Stores common
preferred
regis—
£1
Gas & Elec 7% pfd_—100
Solar
8%
9%
participating pfd
&
United
U
dep rets ord
City
Chemicals
Jan
Singer Manufacturing Co Ltd—
Amer
United
Option
1,400
common
Products
Aircraft
cum
'
—•
Simplicity Pattern common
Singer Manufacturing Co.—
Sioux
of
United
Jan
%
ft Jan
12%
116
*
—
Simmons-Boardman
convertible
87%
7
Jan
14
100
pfd series AAA
cum
Sherwin-Williams
3
500
%
Jail'
%
2,350
60
58
58
%
'
5%
common..
Feb
700
5
Sherwin-Williams
71%
2,600
%
Denn
Jan
5,600
5%
Shattuck
1
%
.
Gas
Investment
$3
Co—
Canada
Union
Union
Jan
534
1
1
—
Jan
10
13%
%
•
Seton Leather common
,
52%
Jan
5%
5814.
certificates
Safety Control
Serrick Corp class B—
Sentry
,
Feb
7%
13%
4
5%
5
Convertible stock
Allotment
;
Corp
Manufacturing
Jan
28%
20 %
•
Selected Industries Inc common
$3
Jan
27 %
9%
*
•
1
,
iV Jan
,
%
4814
49
—1
Silex
Feb
1,600
2014
Hardware—
5%
1
Unexcelled
United
ig
27%
Feb
1
%
300
2614
27%
common
Co
Bros
Lock
$5.50
13%
34
Seiberling Rubber common
Selby
4%
Jan
24%
4—
400
1
*
—
Securities Corp
Segal
'
1%
12%
•
.common——.
preferred
See man
preferred
$6
1
■
%
Feb
Feb
123
Jan
2%
Spring Brook Water Servicer—
Scranton
Scullin
.
3%
Jan
115
25
"2,800
-
25
25
...•
preferred—
Manufacturing.:
Scovill
$6
—
,
4,500
'
'
—
(D
1%
52,200
4%
*
-———
Schulte
3%
121% 121%
4
Co—,———
Oil
Dome
234
2%
—1
Samson United Corp common———1
Sanford Mills.—
*
Savoy Oil Co—
————-•
5
Sehiff Co common—
*
Salt
Realization
Ulen
pref——,———50
St Regis Paper common—,—
5
7%
preferred————._——100
Class
2%
1
Udylite Corp
St
10
3%
37
7%
Jan
8%
Jan
7%
7%
7%
1,000
6%
%
2%
2%
2,000
1
1
1%
5.000
4%
4%
875
2
1 %
%
11
14
2%
Oil-O-Matlc
F-b
Willson
Feb
Wisconsin
Power
Feb
Wolverine
Portland
Products
7%
Feb
Woodley
Jan
2%
Feb
Woolworth
Jan
1 %
Feb
Jan
4%
Feb
&
(F W)
Light 7%
Cement
pfd
2%
2
2%
600
10
25
8
1
8
300
2%
2%
10
1%
9
Jan
' Jan
10
Feb
100
10
4
1
Jan
5%
Feb
6%
Jan
8
Feb
2
Jan
2%
Feb
Ltd—
deposit
Hargreaves
♦
...
Petroleum
American
Wright
Heating
Inc
receipts
Ltd
Ss
•
2%
6,600
fiJLUfc nwhi We V
Volume
4153
Number
157
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THE COMMERCIAL &- FINANCIAL CHRONICLE
NEW YORK CURB
BONDS
New
York
Week
Curb
Feb.
Interest
i
19
V
Last
American Gas
& Electric
2%s
s
f
s
f
debs
s
f
1950
&
deb
Lt
6s
J-J
Arkansas Pr
Associated
Lt
&
Elec
SAssociated
5s_.
4%s
Gas
&
Elec
108% 108'/2
ADebenture
5s
5%.S—
deb
T & T
Atlanta
deb
Gas
90
91
10
89
91
_107.% 108
41
,106%
108
N
Interest
.•
I!)
&
1964
19
125'%
12
107%
109
6s
Telephone
M
J-J
1948
J-J
of
River
1962
16%
16%
16%
100
F-A
16 y«
16 V'a
16%
64
12%
16%
Pacific
16 Ya
16%
2
14%
16%
Park
76 Va
27
78%
Penn Central
Central
111
EI
§ACentral
A5%s
&
Gas
§ACliicago
—
Rys
series
5Vis
3'%s
series
L
&
%
■
115
&
104 y4 105
103%
105
20
101%
102%
Public
Service
of
103'%
103 7%
Public
Service
of
00
Gas
^
■
2
85%
94'%
13
24%
23%
28%
221
13
Puget
28%
•V. -100
100''
103
87
M-S
87
M-N
91%
J-D
92'%
:
f
94
88'%
117
87
87
A-O
87'%
New
Scullin Steel inc mtge 3s—
84%
90%
48
85
92 »/4
92%
44
86
,
Sheridan
93%
119%
Wyoming
Carolina
South
119%
Coal
Power
Q__i_.;
1110
110%
1976
;•
.' .103! a 103%
102.
' .1121% 123
121
.
109%
1107% 109,
*
California
Southern
109%
105%. 108
Counties
Gas
Gas
1954
Continental Gas & El 5s
;
„—..1958
::
A-O
,F-A
Registered
——V.av-v—
Tobacco 5s
......1944
'-'J-D
.
121'%
91 '/a
.
!' '
91%
f903a
.183.;..
.
:
90%
,.,.90%
,
v.
168
'
1143
149%
91'%
Southwestern
90%
102% 102'%
85
&
P
L
145
102'%
103
101
101%
8
101
102%
,v~
.•
101
101
1
100%
102
14
111%
114
131
131
'
80'%
113'%
80%
79
112'% 113'%
131
J-D
82
158
A-0
103'%
~7
85 %
36
100%
103'%
5
100'%
103%
103%
103'% 103%
103%
1103'% 104
J-J
1965
1
88
; 103'%
J-J
1957
131
87%
M-S
88
103'%
103% 104
~6
103%
105%
104
104'%
44
102%
104'%
108'% 108'%
104V'8
A-0
3
106%
108'%
103
103
-
1971
J-J
1951
F-A
58
1970
4s__
6s
30
-
M-S
F-A
107
Spalding
85
138%
—
103%
Southwestern Gas & Elec 3V4s
82%
-V
82
109'%
A-0
(
90%
,
85
77
108'%
; •
A-0
3'%s—.1970
98%
111%
111%
105%
A-0
(Calif)—
1st. mtge 3Sw—
Southern Indiana Rys
97%
111
111
107%
1103'% 105'%
,(Bait;City)-^
mtge 4%s
106
103 Va
1967
3s
103%
!
115
105
84%
,
J-J
*
113
2
98%
183'%
102%
J-D
6s____—1947
108'%
62
3
j.1970
5s—;
Edison
Southern- California
107'%
107'%
27
—
-J-D
1951
Shawinigan Water & Pwr 4'/2s
,
1st 4'/2s series D
93'%
105%
.
109 v4 109'%
.M-N
,
San
90
52
--
106%
—
J-D
1
—1979
91%
92'%
2
'.
...
8
M-N
...__1950
94
87%
...
30%
34'/a
102%' 104%
107'% 108
104% ■'/: ,104% 105%
M-S
C——_„.1950
84%
■
5
46
98%
;
J-D
4s_.—_ 1969
4'/2s
Harbor Water
103V4
34%
104%
107%
Jersey—
4'/2s series D
ref
101%
111'% 111'/a
J-D
—wl949
Indiana
series
5s
101'%
33
1111'% 114
—
M-S
Joaquin Lt & Pwr 6s B—,—1952
ASchulte Real Estate 6s——.*.1951
J-D
J-D
;
1959
.^......1964
Southern
1971
—:
A-O
89
3
i.
P
ref
110%
114 % 114%
106
106
M-N
83%
20
1119% 1207/a
>
106
Queens Borough Gas 3i Electric—
5'/2s series AJ—
1952
104%
87
M-N
&
Safe
91%
'
&
'1st
102
86%
J-D
114'%-
J-J
108
109
104
49
100'%
Sound
'1st
100'/a
45%
3
94
M-S
106%,
10
.v:
1104'/a 104%
1966
:
101
105'%
1
48
101
A-O
,
100
47%
-
•
106'%
100%
107% 107%
M-3
certificates..i—;—
& L 5'/2s—__1.._1949
perpetual
109%
105%
109%
1108 Va
1956
Sinking fund deb 4s
28%
M-S
—1969
ser
33
107 Va
108%
1107
F-A
—'..1950
1st mtge 3'/2S—:
6%
94'/a
106% 106'%
J-J
107'%
Colorado—
of
107%
5
Co—<
4'/2s B—
(Can)
5
1
J-D
1972
F
Corp
'
1
J-J
..
102% 102%
65%
109
6
33 Va
104%'
M-N
1962
6s
E
5s
34%
M-N
,
'
107%
101 % 101 %
102%
J-J
1961
Edison
Public Service Co
1103% 103%
94
Transit
extended
series
Power
54%
8
108% 108%
.
1979
5'/as
Power
Coke
&
104'A
r
^
.
4'/2s
127
—i—1951
P
ser
119
28 'A
;
Gas
stamped
103
(Bait)—
N___
5s
14
103
102% 103'%
..
F-A-
1970
Elec
,*
65%
112
107
109% 110
'•
1977
'
102'%
''
4'/2sJ
....
4
__
Pwr
Rapid
116
117'%
24
1949
—
A
7s
115
2
24%
1969
-
Pr
9
J-J
-
&
Philadelphia
111%
115%
'
M-N
5%s._.i-____1952
Pr
ref mtge 2%8
Cuban
108%
:—1955
1st mtge 3s__—..1964
Lt
Philadelphia
65
5s
_
8
1958
.»l
—
&
5s
Light
102% 102%
1950
..Jan
-
mtge 3s
Consolidated
100%
•:
J-D
.1955
—
ref
'
109%
.
Pennsylvania Water & Power 3'%s.l964
'< 1150
__
F-A
Lt
El
',
ii7y2117%
-
'•
A-O
-
Connecticut Lt
'
&
Lexington
1st
Potomac
L.
M-S
1953
—
P
Power
102% y
J-D
—1927
5s
Consol Gas
.
-'——1954
5s—
Service
'
"
1948
—
5s
Debenture
107%
1964
..
5s_
ctfs
5s_
Gen
1953
„
...
deb
108'%
100'%
109% 112%
__
A-0
M-S
5%s A———1952
B
Debenture
Cities
5s
—
5s
Service
Conv
:■
Q-F
11970
33/4s
Elec
Cincinnati St Ry
'•
'
•'
,iu
M-N
.——1954
States P & L 5%s__.
Central
Cities
—..—1968
Power
States
—
.
106%
1100%
J-D
.1962
...
5s
Northern
Canada
72%
% 107% 107%
,
4s
16%
108'%
High
111
107
109'% 109%
1105% 106 »/2
A-0
Water 5s—...1948
.
Low
13
107% 107%
109»%
:
F-A
3%s B—Aug 1955
Oklahoma Power &
M-S
1957
i
Service
Oklahoma Nat Gas
16%
M-S
1998
;;
2%s
Power
Public
"
A-0
16%
J-D
,i.
62%
108
A-0
14%
Portland
!
3s___
mtge
v'13%
13%
75%
1950
65%
M-N
1968
..1971
5
Canada—
6s
.1945
mtge 3'%s___.,
143
•; 1:108% 110
B———
1st
16%
Works—
6%s__
Edison
Broad
1st
3'%s
Birmingham Electric 4%s
Boston
55'%
111%
,
Power
1
16%
J-J
—I960
Bethlehem Steel
Ohio
January *
No.
<
Ogden Gas 1st 5s—
16%
M-S
1964
'
..
Range Since
Sold
1106 % 107 %
1115 Vb 115'/a
F-A
■
16
F-A
....
'
1969
F-A
*
4——1947
C
Bickford's Inc
'
•
46%
5%s
Utility
16
—1955
.
—
series
5s
series
Cont'l
Bonds
High
111
J-J
J-J
M-S
,
4y2s——X—1955
warrants
Convertible
335
55%
Friday's
Bid & Asked
Northern Ind Public Service—
126'%
108 % 109
54%
or
Sale Price
M-N
4s—2004
1—,..1954
1st 3%s series A—
125% 126'A
55%
Week's Range
Last
Period
Gas 3%s.
Westchester Ltg
Debenture
5s..
Y
Nor
99%
108%
A-0
City Elec 3'As
& Sons (B. F,)—
without
108%
<
126 >/4
'
.
96
1968
-
5'As A
Light
Baldwin Locomotive
'! k
104
—1977
*
Atlantic
Avery
,
107%
997/a
108
J-J
___.._1950
AConv
1st
1
99 %
99%
A-0
1949
AConv deb
>
107
J-J
1948
4 Vis—
1st
1041/a
105
Elec &
Y State
Ohio
4y2s
deb
6s
Friday
Frcbange
Low
Co—
deb
1st
103%
4
J-J
1953
_
AConv
5s
Curb
High
J-D
,
.._..__.1956
AConv
Bell
13
106 V'8 107
M-S
2016
Writing Paper 6s__
_1961
Appalachian Elec./Pow, 3 V4 a-..-.-,*-1970
Appalachian Pow deb 6s
:
2024
5s
103% 103%
J-J
.1970
103 3/4
J-J
1960
...
debs
Pow
Assoc
Low
York
Week Ended Feb.
N
Amer
,
No.
High
New
....
33/4s
Amer
January 1
Co.—
debs
3%s
Range Since
Sold
Bid & Asked
Low
BONDS
Bonds
Friday's
or
Sale Price
Period
1
713
EXCHANGE
Week's Range
Friday
•
Exchange
Ended
ft« VV.
W. CftvUtt'to
57%
58
18
107
107
2
..._.._2022
M-S
99
99
M-N
V 64
65
107
11
(A G) deb 5s_
;.1989
Standard Gas & Electric—
:6s ^(stamped)..—.—.—.May 1948
f .Conv
6s stamped
May 1948
52%
7
58%
107'%
96%
99
62
66
40
6 4'%
72 %
72'%
27
65
72'%
71%
"*59
65%
72'%
71
71%
43
65%
72
70'%
70'%
71%
58 )
65'/a
72 y4
i
■
,
Packing
Cudahy
3%s
101% 101%
101%
M-S
——1955
29
101
102%
1
•
•-
Eastern Gas & Fuel 4s ser A—1956
M-S
Electric
F-A
Power
Light 5s„——2030
Water Lt
Elmira
Empire
&
RR 5s„——1956
District, El
Federal
Water
Finland
Service
stamped
Florida
:
Power Co
4s
General
33/4S
Rayon
——1954
Alden
§AGobel
Nor
Great
5s_.
1953
a—1978
103
.
.104% 105%
105%
106%
.
53
104%
105%
36
Sl%
94 Va
95
95
100
100
3
95
97
J-D
Texas
93%
9f%
18
90'/a
92%
57
70
Tide
95%
Toledo
2
94%
5
91
1
108%
94%
J-J
1950
F-A
103
1958
6s—
f
100
176%
,
144
J-J
5s—,-a—.—1948
109
109
100
J-D
West
M-N
& Pwr 3%s
—1966
Hygrade Food 6s ser A_—
series
6s
3%s——
Power
Idaho
III
& Lt
Pwr
6s
1st
ser
1st & ref 5Vis series
>.'6, 1st & ref
109
24%
79
19%
Indiana
Hydro-Elec
Service
Indiana
—May
24%
5s
llnternational
A6%s
A6'/2S
A7s
A7s
(Aug
1941
Power
Debenture
Light
Altalian
98%
1
101%
84'%
82
83
4
105%
Kansas Gas & Electric 6s
118%
22
78%
80
81
40
41
95
116
49%
& Light 3y2s
Kansas Power
Lake
1969
Pow
& Lt
5s
6s
Radiator
&
Water
Penn
Metropolitan
4s
series
Edison
49%
108
74%
G
4
&
ref
109% 109%
96%
J-J
110%
98
110% 111
54%
1100'/a 100%
53
54%
1967
5s—
M-S
106%
106% 106%
1978
Minnesota P & L 4 ]/2 s_
1st
M-N
96%
J-D
105%
104% 105%
1955
Mississippi P & L 5s
Mississippi River Pow 1st 5s—
J-J
Ltg 5s
—1945
SANational Public Service 5s ctfs__1978
Nebraska Power
6s
series
4y2s
A—
Nevada-California
New
New
1981
Amsterdam
122%
6s
A—.——2022
series
112%
—
4s
Power
Electric
99'/a
96%
Gas
M-S
98
9.
108
109%
109'/a
111
100%
4
29
101
101
49
58
105%
106%
105%
107'%
108%
104%
20
103'%
104%
11
112%
113
5s
A-O
_1948
J-J
deb
England
5s
Power
1947
M-S
1948
Debenture 5'/2s
Orleans Public Service—
AIncome 6s series A
Nov
98
12%
.1954
York
Week
98
J-D
88
1949
J-D
105
97
96 Va
99%
M-S
7%
6%
8'%
183
4%
•
9%
1108% 109%
109
109
2030
A-O
1110% 112
105% 105%
J
106
5s__........ .1960
J-D
118'% 118'%
5s
—
02%
110
188'% 100
118'%
170
74
85%
•
90
63'%
1937
80
80'%
9
1947
81
81'/a
19
70
75
80'%
■
73%
81 Va
Curb
Friday
Exchange
Ended Feb.
Interest
/
19
Period
Week's Range
Last
Friday's
or
Sale Price Bid & Asked
A
External
ALima
City
AMaranho
Low
High
146
J-D
115
15%
M-N
147
F-A
141
46
46
14'%
15%
50
44%
49
46
42
46
Waterways—
6%s stamped
(Peru)
7s
J-J
1953
7s
AMedellin
January 1
No.
146
1955
&
Range Since
Sold
High
1948
5s
Danzig Port
A-O
Bonds
1952
19%
15
6%s stamped.1958
M-S
111 %
13%
11%
13'%
...1958
M-N
121'%
23
20
23%
J-D
115'%'
16%
16'%
16%
M-N
132
34%
32
32
A-0
132
....
stamped...
1951
Mortgage Bank of Bogota 7s
Alssue of May
A Issue of Oct
J-J
,
1947
1927
1927
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
1931
1972
J-D
140
45
1958
M-3
128'4
30%
1959
J-J
ARussian
de
(State)
Janeiro
7s
6%s
i.
Government
j
6%s______1919
118
J-D
18%
19'%
J-D
2%
2%
2
19%
2%
J-J
2%
19
22%
30
17
21%
2%
20
2%
3'%
2%
31
2%
3
117%
98%
17
97'%
113%
114%
50%
58%
49%
58%
58%
7
40
84%
87%
105
50
43
88%
24
♦No par value,
82%
88%
x
a
Deferred delivery sale,
Ex-dividend.
id Ex-interest,
e
Odd-lot
sale,
n
Under-the-rule sale.
yCash sale not included in year's range, Easy Washing Machine class
current week.
Abbreviations used above—"cod," certificates of
deposit; "cons," consolidated; "cum," cumula¬
"conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;
"wi," when issued; "w w," with warrants; "xw," without warrants.
tive;
106
sale,
'
IFriday's bid tind asked prices; no sales being transacted during
ABonds being traded flat.
§Reported in receivership.
8 5'/a
104
1921
B, June 26 at 2%.
107'%
76%
Va s
rCash
58%
107'%
85%
105%
A5
98%
8
38
58%
57,
58%
1108% 110
.1954
116'%
65%'
,
J-D
5%s
Extended
'
A Rio
115%
56%
-
116
108%
lOOr
J-D
Valley 7s
99%
6
57%
A-O
97'%
.1951
stamped extended to 1959
21
110%
New
4
11
108
113% 113%
57
M-N
1948
21
3
98%
98'%
113%
M-N
1961
98%
116% 117
J-D
1950
3'As
England Power Assn 5s
19%
108% 108%
116%
75.
96%
98
M-N
Agricultural Mortgage Bank (Col)—
A 20-year
7s—
April 1948
A20-year 7s
:
Jan 1947
Bogota (see Mortgage Bank of)
108%
100'/2
2
87
112%
106%
99%
1116'% 118%
96%
Low
110'/a
103%
98%
J-D
1956
5s
Eng Gas & El Assn 5s
Conv
New
F-A
112
108%
,1964
3'%5
Traction
New
113
31
104
F-A
7
100
/ •",/
debs_____
.....
123
86%
1108% 109%
104%
M-N
.—..2022
Elec
5s
New
;
80%
,
1108'% 109%
..
99 Va
A Parana
Nassau & Suffolk
1951
55
112'% 112%
106%
112% 112%
J-D
1957
87
Co—
5%s
109
108%
1100% 101%
A-O
112'%''
unstamped extended to 1959..
19%
109%
109% 109%
M-S
M-N
86
Newspaper Union—
50'/2
107%
5
F-A
1945
86
112%.
98'%
41
106%
1108% 110
J-D
__i__1943
4s
BONDS
112% 112%
A-0
1965
Midland Valley RR 5s
Milwaukee Gas Light 4Vis
J-D
107%
108% 108%
108%
16%
"l
1971
Middle States Petrol 6Vis
1949
111
2
99
80
:
46
23
122% 122%
1947
E
J-D
3
4
112%
98'%
19
106'%
20
1948
4s
108% 109
105% 108
107% 109
112
99
J-J
(Delaware)
Elec
Penn
Danish
stamped——
CO conv 4J/2s
F-A
1952
Rys Co 5s stpd
A Stamped
5s
Mfg—
Mengel
J
& Power
cons
Income
Ry &
ACauca
McCord
5%s
109
J-J
..1968
IA York
'
——1957
M-N
35
18%
36
10
'1112% 113%
J-J
Superior Dist Pow 3 Vis—1966
Louisiana
108
122%
18
106% 108
18%
19
77%
•? 106% 107%
J-D
M-S
14
107%
19
16%
M-S
—2022
14
18
113
J-J
F-A
.
1966
12%
111
A-0
1956
6s
18%
"
1965
27 '/a
12 Va
J-J
A-O
West
18%
16%
22
J-D
Jersey Cent Pow & Lt 3'/2s
Kansas Electric Power 3V2s
24
—..1952
Western
108%
18%
22
•,118%
J-J
1942
54
1979
6s
117
M-S
1963
27 Va
A-0
West
85%
114%'
17%
6s
25'%
F-A
Wash
v
J-J
(stamped)
27 Va
1959
A 5s
86'%
80%
112%
108'/a 108 '/a
J-J
J-J
71%
A-0
5'/2s_1952
(Maine) —
Wash
103
80'%
13
—-
1952
64'%
—2022
Waldorf-Astoria Hotel—
102%
94'%
1112% 114
F-A
—1957
—
Gas
v.-
4'/as———1958
Superpower
Jacksonville
..
&
N
Lt & Rys
Debenture
104%
99%
1952
5s
Light
102
9
83%
82%
J-D
—1952
coupon)
6s_
&
Power
23
28
98%
101% 101%
M-N
.
coupon)——1957
1941
104%
97%
18
.
1955
F———
(July
Interstate
A
\
111'%
.
F-A
(Dec 1 1941 coup)—„1955
E————1957
series
A7s
Iowa
Sec—
C
30
Utah Power & Light Co—
1st lien & gen 4%s.__—...;—1944
96'%
101% 102%
A-0
series
A7s
;
Power
series
71
107
.104
J-J
-v
705'a
1960
I
United Light & Railways
6s series A—
1.96
104%
102%
1963
70%
5s—
3'/2s
Electric
1st lien
111'%
110%
104%
1952
F-A
.1950
City Rapid Transit
United
-
22
..
J-D
ti—1950
-1970
96
106%
M-N
—
92
95
1110% 112
M-S
lien & ref 5s
1st
AIndianapolis Gas 5s A—
Indianapolis P & L 3'/4s
93
106
—1958
5s
93
106%
1957
■
*
J-D
B—.a—,—1954
....
70%
1957
5s—
Power
Edison
United
30
111
A-O
;
6s.
Light 5s,—
A—
Water
Twin
78
191
j
A-O
1953
F-A
70%
98%. 100%
78%.
—
: .n,:
A^O
i
5s series C—..1956 :?/
deb 5%s._
f
S
A-O
1949
1967
.
A
1111%
J-D
Jan 1949
.--Jan
B__.._.
1
—1946
Service
&
Power
series
6s
45%
23%:
.
3
Texas
United
Houston Lt
:
stamped
Electric
11
70
1950
&
Power
70%
: 71
100
75
92%
—
1957
72%"
J-D
debentures—
2nd
7-4s
95%
70
stpd_
I
7-4s 3d stamped
1946
j
Certificates of deposit...—.—...
Stinnes (Hugo)" Industries—
95%
95%
92
4s
gold
....
70%
.
F-A
Dec 1 1966
Light
AStarrett Corp inc 5s
Stinnes (Hugo) Corp—
104'%
105
M-S
Investors
6s
Standard
12
M-S
5s
r
6s_—
70 3%
A-O
1951
i
J-D
&
106
—1965
4s__
Products.—-_~1945
5 A Guardian
5
124
104
'£
6s—.—
Debenture
,
,
—
J-D
West
Guantanamo
r
Debenture
92'%
124
,105%:
103% 104'%
J-J
1948
Power
Grocery Store
85%
87%
106% 106'%
J-J
Mountain Pow 3%_.—u—..1963
Green
79
4%s ser A—L—1941
Coal
(Adolf)
Grand Trunk
74
155
*166
A-O
A
Georgia Power & Light 5s
Glen
103%
J-D
1969
Serv
Pub
AGeneral
85%
92'%
'.105
M-S
1966
6s A
Power
..
1124.
105
M-N
1961
„
.
Florida Pow & Lt 5s—
Uatineau
..
Bank—
C.—a
ser
92 "a
M-3
5%s_——_1954
Mtge
85
91%
85
,
,
M-S
.«
5s———1952
Residential
6s-5s
•
&
'
A-O
THE COMMERCIAL & FINANCIAL CHRONICLE
714
Monday, February 22, 1945
OTHER STOCK EXCHANGES
Friday
Baltimore Stock
Feb.
to Feb,
13
both
10
inclusive,
Exchange
compiled from
Week's
Friday
Last
Armour
Aro
for Week
Range
&
Co
Low
common,.——__5
Equipment Co
3%
Shares
Range Since January 1
Low
High
3%
4%
1,800
3
xll%
11%
200
10
:
High
4%
Jan
Jan
Feb
*
.1
common
for Week
of Prices
Par
official sales lists
Sales
Sales
Week's.
Range
Last
Sale Price
STOCKS-
Jan
12
'
Sale Price
STOCKS
Par
•.
Arundel Corporation
I-oiu
"■
—*
—...—
Co
Transit
Baltimore
'
17%
565
1.15
9
10'/a
17%
Feb
Feb
1.50
12%
Feb
9
Bonds—
.
fis
57%
Jan
Feb
Jan
116
Feb
Belmont
129
130
35
Jan
131
Jan
Bendix
37 y4
38
110
35%
Jan
38
Feb
Berghoff
24 %
24%'.
53
22%
Jan
25
Jan
Binks Mfg
23%
24% '
22
Jan
24%
Feb
Bliss
95%
Feb
Borg
60%
24
95 Va
56
30%
■'
2,481
.
95%
56
•4*.
30%
128
31%
Jan
93
100
Radio
Jan
56
Feb
Brach fit Sons
Jan
32%
Feb
Brown
Fence
(E J)
&
-_X
capital
15,000
58%
90%
$1,000
53
58
58%
93%
Feb
54 y2
Jan
60
Boston Stock
both
19
Jan
56%
Jan
3,000
100 y2
Feb
102 y2
Feb
2,000
19 y2
Friday
19%
Feb
191
Feb
a
Ring
; Foundry
Tel
Woolen
&
20%
27%
10
———.————25'
111
Boston Herald Traveler
15%
Corp-J——_*
preferred
1st pfd
class D
Boston Personal Prop
~3%
Serv
Jan
3
Feb
3%
Feb
335
2%
Jan
3
Feb
40
2%
Jan
60
lll/2
Jan
6%
Jan
3%
Jan
518
2%
3
3%
12%
7%
40
7%
.
115
6%
7%
175
L
5%
1%
25%
25%
25%
3
class
B
Capital
.: 3
Associates
N Y
River
N H
Co
&
X—;
United
United
Fruit
United Shoe
S
Utah
Vermont &
Waldorf
Warren
(S
Jan
14%
12 y4
Jan
14%
Feb
Jan
15
Feb
12c
Jan
40c
Feb
120
35 y2
3%
41
Jan
Jan
7%
536
(iV-i
400
lc
Feb
95
710
100
1%
Jan
86
1%
Jan
7%
.
Feb
2c
Feb
101
Feb
1%
Jan
145
\i
Feb
Jan
4
Jan
lc
Feb
Feb
u Feb
Jan
42c
78
Jan
78% Feb.
23
165
19
Jan
23
1,760
Jan
Feb
25%
25%
26%
795
23%
Jan
26 %
Feb
81C
810
95c
600
66c
Jan
95c
Feb
11%
583
9%
Jan
11%
Feb
7%
8 %
853
5 '/a
Jan
8%
Feb
31 Va
32%
251
29%
Jan
32%
Feb
35%
35%
35%
Feb
11
7%
*
32
8
100
8%
.
•
33
Jan
16
7%
Jan
8% Feb
65%
68%
933
64%
Jan
68% Jan
66
67%
638
63 Va
Jan
69
29'%
10
30%
90
25%
Jan
30%
Feb
23c
Jan
30c
Feb
30c
100
8y»
91%
8
.——*
*
30c
91%
91%
Inc——XX_*:
Co
Feb
3%
24c
1
D)
32 y8
Feb
'
115
Tunnel——
System
40
Jan
28%
78%
66%
—
Jan
37':.
22
Co—
fis
V-V:'
4
Feb
35c
Mass Railway Co.,
Metal
10
40%
i'tS
Machinery Corp,—,—25
Rubber
1,000
Jan
78%
—,5
Drug; Inc
25
14%
3%
25c
'
Feb
Feb
28c
Drill—--X—.X—_X5':
Union Twist
13
6%
Feb
2%
15c
Feb
Feb
36
33c
*
(The)
Co
Torrington
14%
28.20
Jan
Jan
78%
X——X^*
Webster Inc
35
4
25
—100
Pennsylvania RR
—,—_——50
Quincy Mining Company——;.
25
Shawmut Association
XX—*.'
Stone
1,145
1%
H)—„——100
(N
Mills
Pacific
—100
Mining,-,—————2.50
Railroad
50
3%
92%
94%
,,100
Hartford RR
&
North Butte
Northern
Jan
155
40C
29%
Jan
30%
lc
—.1
common——
26.08
5
7%.
-7%
—X—5
Companies.
Feb
Jan
40
3%
Jan
Jan
4%
32%
40%
7%
9%
150
25c
30C
Assn Inc—1
Jan
9
34'/a
3
-
Jan
Feb
32
Jan
6
-
3%
Jan
1,905
14%.
35C
40%
England Tel & Tel——
New
Feb
Jam
14%
t c-_—1
Nash-Kelvinator
New
25%
Jan
3 %
preferred—.100
v
Narragansett Racing
Service
Jan
Jan
2%
40
Mergenthaler Linotype
National
Feb
31%
31%
preferred—
X—XXXX'X*
Maine Central RR. 5%
Util
Feb
52%
Jan
6%
25c
(Del) common——1—5
Theatres,,,—
25
Boston
1%
Jan
%
82
36
6%
Copper
Corp
Jan
'
446
28%
34%
—
convertible
Kennecott
Feb
27%
4% :
33%
28 Vs
—*
A—_•—»
class
29%
43a
—————_
—
300
290
32%
^—:1
Corp__
Bakeries
Class B
Jan
VA
25
20
6%
9%
28%
32%
——*
Gillette Safety Razor Co
Hathaway
5%
Jan
42
640
6%
Group Association-.:——
Public Service
-— XI
General Electric
Feb
2y4
.
125
9
Lines common-——-,*
National Stores,
3
32
3
31%
—100
preferred adjustment—__X—100
Employers
Feb
Jan
90c
265
Engineers
Feb
6%
19%
560
50
SS
7%
75
Associates—
—
preferred
3% Feb
12% Feb
Feb
4%
126
5%
preferred ——_——100
Eastern Mass Street Ry common—100
U
75
10
75
■I;.-:
Co-———-—*
Company————_10
-,3%: Feb
Jan
3%
0
■—
18
8%
18%
100
45
■
...
'
110
17
90% Jan
7%
16
Jan
Jan
;
——X—50
85%
89%
;
364
80%
Jan.
34
•
Feb
19%
Jan
5%
7%
Feb
Jan
36%
Fell
4%
4
7
Jan
Feb
%
200
Jan
4%
Feb
16%
60
13%
Jari
16%
Feb
28%
29'/a
932
26%
Jan
29%
Feb
14
'
14
V
50
13
Jan
14
Feb
2%
400
Jan
3
Feb
14
.
■
■
4
2%
12
12
:
•
1%
12
20
3%
450
6%
6%
1,810
18
w
18%
pfd—...»
73
7%
':
Jan
Jan
3%
Jan
3%
Feb
5%
-
Jan
6%
Feb
;
101
preferred
79% Feb
100
15,000
35
7%
Feb
Jan
110
92%
Jan
101
200
9®a
Jan
Jam
35
3
3'/a
'
3%
58,600
40%
41%
950
45
45
71 Vb
74%:
647
6%
24 >
6%
1,100
24%
•3%
3%
40 %
Feb
•ft Jan
11%
10%
—
Jan
6
26
80
..
100% 101
—5
19% Feb
240
; -
Feb
Jan
H
34%
preferred.,——
Feb
18
Jan
15%
69 V4
7%
Mi
«
__i.
15%
185
250
'
1
50c
com
:
•
19%
70%
71
.
i*
——.,5
common
xominon,.:
Edison
72%
—10
;
"
•J-*-
common—.25
2
Feb
11%
Feb
Jan
3%
Jan
41%
Feb.
45
Jan
45
Jan
67%
Jan
74%
3%
Jan
6%
Jan
4,350
:21%
Jan
247'a
Jan
250
-2%
Jan
38%
Feb
24%
Consolidated Biscuit common—...1
Oil
Corp
8%
.
10
»
8%
9
-
3
3
—
•
Feb"
3% Jan
7
Jan
9
Feb
2%
Feb
3%
Jan
1%
Jan
1%
Jan
.10%
Jan
1,950
Consumers Co—
Common: pt
,
sh
v
Vtc
c
t
c
} 3
class A—.,50
v
Common pt sh.
t
class B__——
1%
pfd participating shares,:.—50
13
%
■: l
12
:
Container Corp of Amer common——20
20
i
1%
.
•15%
Cudahy Packing common,^;———.130
Curtiss Lighting Inc common,
—2%
16%:
13%
15%
20%
14
!2
■
f
570
Feb
13
530
:
•
-
20%
14%
16%
Feb
240
.
16%- Jan
755
>
2
-
i
10
.
13:
:
18%
Crane Co common.——,^—*.,—25
91%
8%
18%
Dayton
Deere
De
Rubber
&
Co
common——.,1
10% •Jan
14
Feb
2
Feb
2
120
Diamond T Motor Car
Dixie-Vortex
Co
89%
; ii t
—*
12
Dodge Mfg Corp common——,——♦
Eddy Paper Corp
(The)
31%
;9%
2
common——
common.—
Jan
■■■
Feb
Feb
■
i
11%
22 :
27%
%
-
V
-
'
Eversharp Inc
-1
common-
■f7'%,
Fairbanks Morse common,'—.
8
11
9%
Feb
Feb
9
Jan
12
10
Jan
12%
Feb
10
Jan
12
Feb
21
■v Jan
22
Feb
■■
•
Feb.
Jan
23
'4% Feb
Jan
3%
450
.230
29
Feb
8
Feb
6%
Feb
95
33%
Feb
34%
11 ^
31% Feb
Jan
:
500
Y[
34%
Jan
-7
170
29
12%
26%
350
.
.4%'
■
95
-
22
":4
Jan
-loo
1,075
12%
.15
11%
405
'
12 i
••
.
-5
Util Corp
Elgin National Watch Co.—-
200
9%
11%
—
Electric Household
35ai
Feb
11
Jan
Fitz Simons & Conn ell—;
Dredge ,& Dock. Co
Four-Wheel
common-
:
Auto__J.—
-10
common—
—1
Drive
Fuller Mfg Co
50
•
-8%
8%
4%
4%
9
350
-
•
Jan
6%
Jan!
-3%
,
50
•
•
Jan
8%
Feb
.4»s
Feb
:
.
Gardner Denver .Co.
General
Candy
'
common.
General American Transp
15%
Preferred
■-1^
«
General
Motors
Genera}
Outdoorv;Adv
Corp
:
*
common
•47
:
48
18'/4
18%
-
19
13%
Horders
Illinois Brick Co
Illinois Central RR common
350
8%
200
7%
27%
12
...
—100
(W
B)
1
2%
Jan'
Feb
7%
Feb
8%
.
Feb
.:
-
.1%
-
:
2%
•
Jan
30
Feb
300
U%
Feb
12
Jan
100
30
Jan
800
>
%
10
700
•
30%» Feb
Jan
]«•;■
1 %
500
-
9
8%
::
21%
50
14%
300
4%
4%
69%
56.
59%
61%
648
10%
11%
800
10
; V
10%
Joy Mfg Co common—1
7%
1,300
21%
68%
.
10%
200
400
•
——..1
9
'
25
14%
V
13% Feb
Jan
: Jan
12%
Jan
1%
Jan
'-•
<
.2%
Feb
Feb-
Feb
'
8%
-
^
250
2%
.
common—.*
capital
12%
1%
capital.,————*:
Co
30%
11%
11%
.
12
30%
'•/
30
.
Apr
7%
6
Indiana Steel Products common—1
Jarvis
8%
■
300
Indianapolis Pwr fis Lt common,.i...*
International Harvester
Jan
95--' £
7%
Independent Pneumatic Tool v t c_.-.*
Inland Steel Co
Feb
12'i Feb
19% Jan
9
X28
,.!_*
capital—.—.10
Feb
28%
Jan
8%
(Geo A) common——,*
1
5%
Jan
7%
■
6% Feb'
17%
750
:.r.-
Jan
•"
;
Hupp Motor Car common.
4%
:3%. Feb
■
10
,
150
8V4
:
class
250
Feb
48
.'
.
25
50
,
i
Feb
Jan
7%
V
•
Hibbard Spencer Bartlett common—25
*
:
55/4
12%
3%
4%
.
Feb
Feb
37% Feb
Jan
44%
100
28%
3%
Jan
210.,
5%
.
••*'•
Feb
Jan*
■'
7%
Jan
3,199
•
27%
■
'•
Werner Motor Parts.,,3
Houdaille-Hershey
Feb
41%
11
»
Jan
34%
6'/,
13%
•
\
com
common
2
6%
479
3%
12%
■
Jan
150
•
6%
.
—
Hormel & Co
15%
Jan
10 V4
'
3,400
i
7%
••
100
3%
Harnischfeger Corporation common„_10
Heileman Brewing capital,^—
1
Inc
3%
.
47
..
.
37%
"V
Hall Printing Co. common—,—.10
Hein
'
36%
■
■
—*
common
Great Lakes Dr .& Dk
Jan
37%
240
■'
11
7 y4
.
,
common,,,i._—*
Goodyear Tire fis Rubber common....*
Gossard Co (H W) common———
41%
;
-
•2%
•
•
Gillette Safety Razor common——.—*
Goldblatt Bros Inc
11
.
,37%
.—10
common
-•
3%
,10
Foods
14
150
,
■
.41
•;
General Finance Corp common,._L—_1
General
15%
1"
common,—.5
class;A-__j—————5
-
.
.
..
19
-
Jan
Jan
•
11%
600
-4%
■.
Jan
Feb
9
21%
S;
Jan
•-
:
.
Feb
14%
Feb
4%
.
Feb
Jan
69 %
Feb
Jan
61%
Feb
9%
Jan
11%
Jan
8 Va
Jan
10%
3%
Jan X
5%
>
4%
63
-
...■
57
Feb
*
Katz
—1
Drug Co CQmmon
Switchboard
Kellogg
Ken-Rad
Tube
3%
Llbby McNeill & Libby common
„_7
600
4
Feb
.
Jan
6 %
Feb
Jan
8%
Feb
1%
Jan
6 Vs
Jan
326
3%
4
•
1,150
•••;,■
12
Jan
4
Feb
Jan
2%
Jan
143a
Jan
18% Feb
2%
,...
Jan
15%
•
200
■
Jan
Jan
%
12 y4
100
17 Vi
•
1
9%
■
180
14%
..
Jan
4,700
1,400
4
17%
3%
-v.
1
13%
•
a
% Feb
700
11%
4
#
*
6
.
1
11%
•
Ji'
%
5%
:
1
11%
Feb
%
.
5%
3
450
-
:
%
$
Carbonic
8%
^
'
-5
Liquid
6%
8%.
LaSalle Ext Univr common—.
Feb
4
6%
common
&. Lamp com cl A—
Jan"
BONDS
30
30
12%
1*
:
; -
12%
Common—————,.*
Mets Ino preferred—,
Jan
Feb
Mfg
Feb
"•4%
Feb
Feb
fis Maine RR~-
Boston
Income-
mortgage 4y2 %
45%
$9,000
104% 104%
5,000
44%
ser A—1970
40'/a
Jan
45 y4
Feb
103% Jan
104%
Feb
Field
"Marshall
11%
common.
a
Eastern Mass Street
series
4y2s
6s
:
4
28%
,v--:
.
Westinghouse Electric
Feb
Jan
16
650
■
Feb
Jan
3
3
3
<
Feb
1%
1%
3
12%
1%
2
3
-
V
Jan
-
526
Mass
Jan
1%
702
-
lien
Commonwealth
.
Feb
17
Jan
Feb
1%
Loews
15%
Jan
1%
52%
$7
Feb
14
7
Jan
16%
/•"
10
$6
-
Cities Service Co.
Feb
66%
1%
1%
Lamson
28%
Jan
19
3%
6 %
...
Jan
62%
70
75
Gas fit Fuel
General
6%
9%
600
3%
common
Pub
preferred
Chrysler Corp
Jan
5,071
52%
First
87 y2
1%
17
*
5 %
Jan
24
270
15%
4y2% prior preferred———100
Eastern
Jan
'
1%
__10
Common
6%
Feb
Jan
8%
Passumpsic River RR pfd—100
Eastern
27%
10
9
321
3%
Trust,-———*
Service •:—
East Boston
....
Jan
81%
2,217
2%
Copper. Range
'
Feb
1%
stamped..—100
Calumet fit Hecla —————5
&
Feb
6%
11/2
—
—
Stamped X--.
100
7class C 1st preferred stmp—100
Conn
65
13%
1%
100
-100
5% class A 1st pfd stamped——100
8'f class B 1st preferred
100
Cities
28%
15%
17
X
Stamped
10%
431
6%
""
Common capital
v
Maine RR—
prior preferred————100
7%
36%
Secur
Consolidated
339
63%
65
136 y4
Jan
.
115
86
27
.27%
Elevated Ry———100
10
84%
86
Jan
4%
24%
588
Edison
Feb
11%
.
Feb
4%
■
Chicago Towel Co
Feb
127%
2,855
30
•
High
20%
Jan
17%
100
6%
Boston
6'>
36%
16%
(A M)
Convertible
Low
20%
134% 136%
136
Albany RR—————100
fit
400
■!
1
Cherry Burrell Corp* common
Chicago Corp common—
Range Since January 1
High
19%
6%
Boston
:
150
.—10
Illinois
Prior
Shares
50
&' Son ' Inc——
Jan
36%
*
common—
Preferred-.
official sales lists
:-.*
——•
Anaconda Copper
Boston
of Prices
Low
100
Tel——^--100
American
3%
7%
capital
Castle & Co
for Week
Range
Par
American
4.750
Campbell Wyant & Cannon
Sales
Week's
Last
Sugar Refining—:—i
'
19%
2%
Sutler Brothers
Exchange
inclusive, compiled from
Sale Price
STOCKS—
American
4%
%
Jan
52
7,300
102 »/2 102'/a
19 y2
93%
Jan
Piston
Convertible
to Feb,
Jan
17%
17%
—...
Central
fit
1
—;
Central & South West Util
13
Feb
Jan
%
7%
*
;
Wire—
Common
Central
Feb.
Feb
4
234
730
11%
_____
51%
52 %
—_1975
B_
M%
250
■
11%
Co capital
1
Laughlin common—Xi-X.5
Warner Corp common^,,....„5
29%
93%
53
,-1975
A——————————1975
series
Boston
—5
com
Bunte Bros: common.—,__10
Transit Co 4s———
Jan
.%
3%
.
4y8
&
Burd
Georgia & Ala Ry 1st cons 5s,—1945
Bird
4%
common^...,——„_5
Brewing Corp
20
Conn—
Certificates of indebt .5%_—
5s series
.
X3
Corp————XX——*
Aviation
603
.
Baltimore
5s
Barlow
114%
.
50
Line
%
'
%
'
'
.
Coast
Atlantic
Jan
5
:—*■
Fidelity & Guar
750
1%
3%
3
:
50
pfd—-.125
& Power com,:
Water
Penna
Aviation Corp (Delaware)
116
60 %
129
.—2
Central Ry——.———50
Northern
1%
—
——4
common——
116
■
—^
Amsterdam Casualty—
(J S
capital:.
-r
Jan
1.10
'
Oil of Texas vtc
Wheel
Washer
Seelig Mfg cl. A
Bastian Blessing common
60%
com
B—_—-—.—__100
Fidelity & Deposit
20
Fidelity & Guar Fire Corp„_
___^10
New
Truss
Automatic
Jan
16
743
60%
9%
4% '^preferred
Houston
Athey
High
Mfg Co common——1
'
100
preferred v t c—_——
Consol. Gas Elec Light & Power
1st
Loio
1.15
,
Asbestos
Range Since January 1
High
16%
.
1.15
vtc—*
common
Shares
of Prices
series
Ry—
A,,,,——,——,1948
D
107% 107%
,,,—,—,,1943
200
107%
\
12%
34%
34%
15
*
310
Jan
12%
Jan
34%
Feb
13
45-
•
Feb"
10
32%
475
■
16
Jan
16
Feb
:
,
Feb
107% Feb
Merch & Manufacturers SecClass
A
common
2
,,i
2
4%
—
4%
2
•'
1%
Jan
2Va
Feb
4 Va
Feb
4%
Jan
2,950
4%
Jan
53i
Feb
4,550
8%
Jan
■-11%
Feb
Feb
900
■
4%
200
....
•:
.
'
;■
Chicago Stock Exchange
13 to Feb.
Feb.
19 both
Week's
Range
for Week
Sale Price
Low
; Par
Abbott Laboratories common,.,—•
Adams
(J
D)
Mfg
common™.
57%
13
12
13
—
*
7
7
■
Advanced Alum Castings
5
3%
Aetna Ball
*
12 y2
Allied
Chalmers Mfg Co—
Amer Pub Serv preferred.
100
American Tel fis Tel Co capital—100
footnotes
see
page
Low
95
High
51%
Jan
57% Feb
150
10
Jan
13
Feb
100
6
Jan
7
9%
720.
.
__
13$
..
vtc—————*
1%
Common
stock
50
2
Jan
3
2%
50
1%
Feb
3%
%
200
%
Jan
9%
.
%
9%
-
•
800
8%
Jan
1%
'
5
24
10
1%
Jan
Feb
1
Jan
300
4
Feb
5
100
1%
4
24
Feb
ft Feb
22
Jan
24
Feb
33%
Jan
38
Feb
11%
Jan
700
-
.
Feb
Feb
——*
Montgomery Ward fie Co common.— *
Mfg common
4%
12 %
12%
50
11
Jan
12%
Feb
National Pressure Cooker common,.—2
13%
450
12%
Jan
14y2
Jan
National
31%.
320
25 y2
Jan
31% Feb
550
2%
Jan
iooy2
60
90%
Jan
134% 136%
1,146
128%
Jan
loo
■
2%
2%
'•
Minneapolis Brew Co common,.—1
Modine
3%
;
11%
2%
prior lien
——
100
prior lien—,.—
—100
preferred class A——100
Miller & Hart $1 prior preferred—10
29 YB
common
Allis
For
Range Since January 1
5%
10%
11%
6%
12%
Bearing common
Laboratories
Shares
—
7%
High
57y«
common——
Adams Oil fis Gas Co
of Prices
pfd
7%
Sales
Last
conv
5%
5% ■
Utilities^
Midland
inclusive, compiled from official sales lists
Friday
STOCKS-
Midland United
*
4%
101
Feb-
Feb
136% Feb
National Cylinder
Gas common..——1
Standard, common——10
Noblitt-Sparks Ind Inc capital
:—5
North American Car common..—
Northern
Illinois
20
Corp. common—.*
'
36%
36%
1,350
10%
10%
37%
10%
610
.9% Jan
5V4
5%
600
4%
Jan
31%
31%
32%
350
26 Vz
Jait
32% Feb'
28%
28%
29%
283
Jan
29%
Feb
11%
1,100
23%
8%
Jan
11%
Feb
9%
250
Q 3
Wah
,5y4
,
10%
.
9%
5
,
9'4
.
Feb
Volume
Number 4153
157
THE COMMERCIAL & FINANCIAL CHRONICLE
.
,
715
OTHER STOCK EXCHANGES
Week's
hast
Sale Price
.
Sales
Range.
Friday.
''
STOCKS—
for week
of Prices
-
Par
Low
Shares
High
Cleveland Slock
Range Since January 1
Low
.
High
Feb.
.
Northern
Paper
Northwest
Airlines
Northwest
North
inc
common-
17%
Pen
Peuoody
6%>
>
Co
Coal
(The)
13%
15'
70
:>
Jan
15%
56
Jan
78
6.%
6%
1,100
.
4%
7%
Jan
18
KK
2%
73'
16
.—.50,
—.
16
Co
2%
20
Akron
Brass
common.—....
Cleveland
16
Feb
Cleveland
26%
Feb
Cliffs
50%
Feb
Eaton
1,182
50%
2o0
46%
J.an
6 %
500
4%
Jan
1%
1%
150
450
;
6'% Feb
Quaker
Oats
Co
.
Corp
81
common.—
79%
,.
Jan
Jan
General
Feb
Goodrich
(B
Tire
Feb
82
6 Ft
Mfg Co
,50c
common.....—
4%
2 Va
5V;
preferred
5r
2%
1%
550 "...
,
Jan
2%
1,100
Jan
2%
Feb
Kcliy
Sangamo
Electric
Roebuck
(bears
Co
capital.^—v
Co
<si
.20
common.
Cummins
62%
capital
..Serrick
t
' Preferred
South
Works
Lathe
1.010
41
Jan
i
Jan
„
Jan
21
Jan
-
&
Leland
Feb,
65 %
3%
Feb
4%
Jan
9%
Jan
10%
Feb
30%
30%
.10
Nestle
23%
23%
300
3074
capital...%-5
29%
Jan
30%
Feb
23
Jan,;.
24%
Feb
Southwestern Light & Power
common^—.2%
Spiegel,' Inc.,
.
■
i
Standard
pfd-%~I?...
Dredging
common
i——
Preferred
■
Oil
14.
Swift
&
Swift
Tool
International
Co
Texas
Co
;
700
25;
1%
1,310
;
1.900
30%
44%
Oil
Feb
Van
31
Feb
Vlchck
,
385
22%
2
•V
Feb
Feb
25
Jan
Feb
30%
42
Jan
.'.45%
Feb
'8
Jan
974
Feb
Jan
82%
N
Jan
708
500
82%
64%
670
213
597/'e
Jan
64%
Feb
19%
19%
147"
16%
Jan
20 %
Feb
50%
53;
47%
Jan
53
Y
S
Steel
7"/
cumulative
Utah Radio
Walgreen
preferred.—
Co
common..:
115
~27.4"
-
Western Union Tei
—1
...
6 VB
Williams Qil-O-Matic common.*—
'
Industries
3%
Wrigiey
d
2%
Woodall
tWm
Yates-Amer
Zenith
Mach
Radio
■'.Unlisted
commoii.,..._..
Jr)„ Co
Stocks—
American Radiator
St San
&
'
1
General
Electric
Co.
tGlenn
Paramount
Pure
2.250
4%
1974
6%
1
46%
47%
431
58%
60 %
902
8%
526
34%
35%
1,300
77b
7%
165
'
-.7%
19
.
■
■12%
12%
19:
••13%'
56.
J..%
7 %
Oil
U
S
,
6
*
Steel
7%
STOCKS—
49%
Mach
Jan
3574
13
-
19
;
Jan
3 lVii
5
;
'
Door
950
14
Jan
705
4%
50%
660
40?4
8%
1,700
5%
29%
30%
570
25%
15%
16%
600
12%
.
,
30%::
15%.
;j
.;
sv.
York Stock
Feb
Jan
Jan
12
2374
583
Jan
27
Feb
"
Jan
26
25
5%
220
14%
1.045
6%
6%
200
n1/-a 18.
a
V%~.<
~5%
474 Jan
9%
Jan
67«
137a
Jan
67a
125
Jan
14%,
5% Jan
Jan
137
Feb
Feb
Jan
8
li-1
17%
■'::
'■■v..
•
%:.
17V4
200
a35Vo a36
150
7%
12%
12%
1474
.
78
15% al6 Va
M
180
'
200
al4%
a
•
'
150
.
a
8
8
V
Feb
7V4
*
.....
——
125
a51 V4 a52%
8
200
allV4 allV4
Feb
4974
Feb
8
Jan
3
New York Curb
Exchange
Stock Exchange
5174
Feb
....
,
Associate
Chicago Stock Exchange
DETROIT
Building
Detroit Stock
Feb.
13
•
■
4
Week's 4
Friday
-i
4f
Last
from
*
Low
-4420
Feb
Feb
30%
Jan
.
Jan
•
Feb
16%
Feb
.
McLaren
Crowley,
\
Detroit
5%
Jan
7
125
4%
Jan
5
24%
24%
825
1%
1%
100
10%
10%
10%
1.023
13%
Edison
Eureka
%
22%
.
■
%
18'<s
■
■■•--•
10%
Feb
Jan
13%
Feb
12
Jan
5%
Feb
200
Jan
2
Feb
37s
3%
1.600
Jan
3%
Jan
Nav
common_.10
;
20
18%
2%
Feb
Jan
15%
Jan
5
4%
4%
200
4%
Jan
4%
Jan
4%
47/a
1,050
2%
Jan
4%
Feb
1%
1%
1,600
1%
Jan
1%
Feb
4%
1,000
4%
Feb
„■
0
common—1
X_3
...1
..10
...
...1
Hoskins
V
4
—1
common-
*
'•
Mfg common.——.
Products common
Jan
1%
Feb
Masco Screw
Products
J 77s
Jan
18%
Feb
McClanahan
Oil
8:..
Jan
—
common..
Jan
2%
1,077
1%
Jan
20,700
3%
Jan
83c
48
100
9%
Jan
6%
300
4
a m
51c
Jan
67c
3.900
Feb
1%
Jan
1%
10%
6 Va
Feb
Feb
2%
Feb
107b
V
6
Va
67c
Feb
Feb
Feb
2;%
23a
450
17b
Jan
2 Va
3 VH
33'b
600
2 VB
Jan
3%
Feb
1 Va
3%
1—1
...-
Jan
2
44%
1%
,
63c
I
common..
2%
3%
1,098
10%
1%
"6%
1
...2
common
400
3%
48
47
2%
-II
&
4
3 Va
3%
47
-2%
Manufacturing
Hudson Motor Car, common—-
Kingston
19%, Feb
Jan
15
common.—
LaSalle
Jan
2
150
common——
Feb
17%
4.660
15 %
common.
Jan
4.171
2V«
15%
common—
1%
I
19%
2%
——.5
common
Industries
3%
47b
common——1
common...;
s'a
50
Jan
200
22%
113
18%
,v:
1%
9%
1,410
Stove
Finance
Wines
Jan
1%
Jan
i
1%
5%
%
20% Jan
13
Jan
13%
Brewing, common
Graham-Paige common
438
% '
Feb
1%
5%
Motor Truck
Lock
Feb
24%
!%
Corp
Motors
Hurd
Feb
Jan
13%
common..
common
Vacuum
Wood
21
1
Detroit-Michigan
Steel
High
300
4%
common.1^——™—*
Cleveland
Detroit
Low
High
6%
v
common—
Motors
Milr.er
&
Range Since January 1
4%
Goebel
High
%
Shares
6%
Machine—
Paper common...——10
General
Low
Low
6%
Adding
General
Range Since January 1
of Prices
common—.*
Manufacturing
Continental
Gar
Shares
official sales lists
Sales
for Week
1
Forge common—
Baldwin Rubber common.
Feb
8%
Jail
.
from
Week's
.Range
Par
Atlas Drop
Burroughs
6%
Exchange
compiled
Sale Price
•,
.
Feb
50%
Jan
Jan,
inclusive,
Last
*
STOCKS—
Brown,
official sales Jists
High
21%
both
Friday
Feb
8
for Week
of Prices
19
'V*"
Briggs
Sales
Range
Sale Price
Feb.
to
'
Feb
Exchange
inclusive, compiled
1 %
100
1
Jan
1 %
Jan
13c
Jan
21c
19C
4,500
21c
Feb
Feb
'
7%
7%
84%
85
—
T
P__
—:
Preferred
5
Term
Cincinnati
,preferred-.
Telephone
Cincinnati Tobacco
Union
.Cincinnati
_20
115
100
t--
.50
i
Yards-,
11
6
Eaglc-Picher
—;
'
_.10
9%
*
Kahn
25'
■?
preferred
,
6 %
100".
86
Jan
Michigan
115
Feb
Micromatic
Feb
75
Feb
Mid-West
9
Jan
60
Jan
70-
Jan
Packard
5?8
Jan
•7.
Feb
Parke
-*7»'4
Jan
8
Feb
387
9%
Jan
140
6
Feb
•
7..
i
6
Peninsular
Feb
Pfeiffer
,
class
Playing
——..10
Printing
-
2%
Jan
Prod
common..:
common.
*
10
Brands
Bearing
Scotten-Dillon
Feb
12
Jan
see
page
720.
28
90c
400
76c
Jan
85
Jan
Standard
Feb
27%
Jan
Stearns
551
a
574
48%
Jan
55 %
Feb
Timken-Detroit
2%
25
2%
Jan
2%
Jan
Tivoli
35%
34%
357 a
150
30%
Jan
35%
Feb
Union
3%
3%
116
3
Jan
3%
Feb
United
40%
40%
'40
38
Jan
40%
Feb
U
S
Tube class
(Fred'k)
common.,..,
Shirt
Cooler class
A
12 %
554
10%
Jan
12 Vb
Feb
Class
13%
60
10%
Jan
13%
Feb
wa iter
3?8
3%
1,985
Jan
3%
Feb
Warner Aircraft common
47%
47%
201
44 %
Jan
47%
Feb
Wayne Screw Prod
6%
295
4%
Jan
■6%
Feb
\vu,verme
44%
33
41%
Jan
44%
Feb
Young
2
B
...
Co
—
class
:
common
...
—
&
Wire..
2?i
Feb
2%
Feb
2%
Jan
1%
Jan
10%
Jan
14
310
3
.
"3,560
507
2%
2%
14
2%
Jan
3
500
Feb
Jan
1%
200
1 %
Jan
1%
Feb
1%
1%
1,600
1%
Jan
1%
Jan
%
283
13'A
Jan
13 V2
Jan
660
287
s
Jan
30
1 Va
VA
1.018
1 ',8
Jan
1%
Feb
3 %
3%
?no
3%
Jan
3 %
Feb
3%
800
13
30
3%
1%
1 %
16 7
8
4%
91c
Jan
3%
Feb
1%
150
1%
Jan
17
4
Feb
18%
200
16%
Feb
18%
Feb
3%
Jan
4%
Feb
4%
300
1 Vb
2.000
100
2%
2%
3
Feb
68c
Jan
1%
Feb
2
Jan
2%
Jan
1%
Jan
1%
Feb
1
%
%
4
4 V4
4%
400
4
Jan
4%
Jan
3c
3c
100
3c
Jan
3c
Feb
9%
9 5b
553
7%
Jan
9%
Feb
Brewitur common...—__1
Spring
Feb
29 Vb
1 %
4*/4
*
Feb
1%
13%
18%
*
6%
Jan
1%
—*
...
Jan
1 %
3
1%
—1
B——
5%
13%
*
:
335
2%
50
11%
&
—^^..1
;
13 V>
Jan
Feb
353
2%
...10
common..
common..
Jan
90c
17 4
13%
common.....——*
Dist
Feb
29
6%
2%
i'——*
common..
common
Investment
Radiator
_____10
common——!
B
Axle
Brewing
.
common...——_*
common..
3%
Jan
1 %
Sheller Manufacturing common—~—1
Simplicity Pattern common
—..1
2%
r
311
———2
common...
Paper
537«
44-
2,592
90C
Feb
6
River
25%
~2%
33/4
28%
IIIIII
Rickel
715
11%
3V'2
28 Va
...-.1
Feb
W)
5
3%
.
Feb
Raisin
250
28%
common
Jan
26 Va
•
1
footnotes
% Jan
7%
534
25
Motors.
Roller
2
Jan
9%
Universal
Gas
J in
5%
25
Unlisted—
Rolling Mill
City Ice & Fuel
Jan
1 %
1.460
Car
Preferred
American
5
100
7%
29%
25%
50
Jan
1%,
Jan
85
*.
Preferred
5
6%
Jan
2%
Card
5
Jan
54%
common
B
Feb
1%
7%
25%
Procter & Gamble
95c
67/s
Investment
85
7
Jan
62c
300
1%
27%
,6%
150
95c
Jan
-50C
Brewing common—.—;
(H
Feb
1%
7,~i
common...—
Mtl
Prudential
Feb
5%
-.10
Motor
Feb
2
Jan
common..—.
85
17
64
6%
11%
Jan
Feb
4%
900
common....;.
Home
20
100.*
•
.
95c
common.^—
Abrasive
Davis
5%
1%
1%
200
2
5%
1
17b
2,100
1%
1%
.2%
—
common—-
Murray Corp
85
-
Tube
Sugar
Feb
.50
25
6%
Feb
Feb
9%
29
25
84
8
11%
28%
-c.*'
85
75
7
6
Michigan Steel
115
68
.
Jan
5
8
•—
Early & Daniel
Gibson Art
7
.
—;
Crosley- Corporation
Tissue
■
—V
90
10
8%
671
Ware.._-25
Stock
Jan
1%
—1
Michigan Die Casting
Silica common—
81V2
1,079
75
81
"8%
......
115
75.
50
Jan
Michigan
100
—
Post
I Cincinnati Street.——.—.
For
common..
Ford
16%
Jan
85
F'andard
2%
1%
11%
Members
14%" Feb
6,700
85
Timken:
Jan
Watling, Lerchen & Co.
Feb
Jan
26%
Jan
.
1,745
142
General
26 %
1%
100
14 Va
to.
Steel
Feb
15%
344
.
C
•,
50
Feb
Jan
75
'
.to
Feb
Jan
7%
Columbia
Jan
120
Feb
7%
10%
89%
S
Jan
1
5 Va
_*
Feb
89
U
2%
65
12%
•
Feb
89 %■•
S
101
434
Feb
19%
Cincinnati Gas & Electric pfd—....100 »'
U
Jan
120
1 %
a263% a267a
V
common.......
Feb
;
I,.'. 774
.6%
preferred—. :—_7-
Churngold.;
Randall
75
3%
Jan
8%
.
Jan
-.7%
.7%
Par
1st
2,831
Jan
Jan
49%.
' ■' '
'JJ. '■
,
Jan
4%
Va
Feb
273B
Jan
•
:%%
both
19
4
Crystal
Feb
13
12
V'5%
*
Bearing common
Feb
Jan
18
?
16%
Cincinnati Stock
Cincinnati
6
Feb
7%
Steel.—
Federal
&
Jan
12
a3978 a393a
'
f\
to
....
Frankenmuth; Brewing
O
4
100
2574
'"■25%
—10
common
Youngstown
,
N
1,672
Feb
60 Va
Jan
307b
T
15%
—10
Participating preferred
Chamj) Paper & Fibre.—...
6
1
II25
common—.J...
Feb
13
2%
''
RR
1,195
11%
'4^4..'—.^.
common
Timken Roller
Detroit
S. Rubber Co common...
prior
Jan
114
14 %
common
Detroit
6?«
.
14%
7%.
.J--*
j Yellow Truck St Coach class B—4—J,';-
Prod
10V4
\"
Electric
Consolidated
American Laundry
Va Jan
5%
J..A' —to
common
New
'
Jan
,
6%
v.%1,050
7.30 "1,31%
Standard Brands common..
j Standard Oil of New Jersey capital__25
| Studebaker Corp common—_—_1.
American
9
10'4
13
„;
■u-v
3o
Feb
1.658
•
13
45%
'
.,115,
;
'}
■;
Jan
12
Ilia
Feb
1.900
19%
,
.;-'■
•18%
of America common
Republic Steel Corp common
Feb.
Feb
2074
9%
II-*
...
.....
25%
Jan
1
Radio Corp
to
34
Jan
.
Feb
"
,
Jan
2434
common;—
13
——
Works
67 b
Jan
1,780
common__^__.*_^*
Feb.
1——.
6
Central
Ohio
'
U.
.......
—
4%
Jan
1,300
■
1,430
capital...-...'..1..-™
(The)
37
Jan
187a
73
.........
64%
Jan
7%
.
common.
Pictures
Oil Co
58%
•
27%
35
———
—.5
Corp.i——.
-.: New York Central RR capital..—•
*
Jan
303a
15
Feb
234
.
-3%; Jan
V
,
-276->.
6%
6 %
1?4, Feb
450
,
25%
■
Nash-Kelvlnator
>-•" Pullman Inc
35%
50
22
——.
;
Iron
100
34
1%
A—
80
37
22
*
jto
....
78
37
4
•
Iron
125
a277B a277a
new._._
32% Feb
89%: Feb
;
Jan
7%
common—..
Co
L>
5?»
,26%
1.
4__
16%
Feb
21%.
>
*
4..*
common..
j..-—
Iron Corp
Jan
80% ; Jan
7%
47%
Martin
"
-5 %
59%
Interlske
18%
.26%
-50
Bethlehem Steel Corp
—
a
Telephone: Randolph 5530
com.
Atchison Topeka & Santa Fe com— .100
Curtiss-Wright
Feb
-v.
—
V
-
Jan
55
22 VB. Feb
,26% Jan I.
-
8.400
.
4.%'
23%
Mining..
Copper
274
•
Jan
700
6474
%'.:
common.:
^
Anaconda
1%
3%
.
6
Feb
3574
Jan
Feb
,20%
%
•—'350
■
6%
63%
■,
capital.——.
capital
Corp
13 ',4
Jan
50
Feb
3%
191
-
.
89%
'
116%
Jan
80
.
32%
.
87%
Jan
2
■
300
:
21 %
31%
;
■
Wieboldt Stores Inc. common.—..
„
-22
-
112 Vs
1,100
20%
common— .1-00
common. -50
79%
235
3%
21%
Westinghouse JElec & Mlg
; :
1,588
116%
2%
—.
Wayne Pump Co capital
v
51%
.—100
Products common.—.....I
Jan
35%
80
Feb
v
".
common
10%
20
to
Unlisted—
Interlake
1,500
55
5%
....
Addressograph-Mult
General
13V4
a36
10%
—
.
%
Republic
U
>
to
'
Feb
9%
9
■'
to'
IIIi
Motor
Feb
34 '
—
■
Feb
9%
16%
,
Jan.
29
"
.
':■/
Jan
7 -:". Jan
14% Jan
45%
9%
,Umon Carbide <fc Carbon capital.
l-l*,
U 8 Gypsum Co commo_.._29
United
Air
Lines Transp capital
5
Tr__
of Ohio——.
Tool
Feb
66 Vu
'
vn—
Upson-Walton
Dorn
Jan
5
54
0
Thompson Prod Inc..—1—J_
,1%
80%
"62%
25
;
% 500
9%
;
29%
•
25
common..
8 %
•*
Feb
Jan
28%
-
-j
...
<fc
^.1'
■
lioo
■
class
Standard
Feb
2%. Feb
14%
,
White
24%
-
24%
.15
capital
(The)
1,101.
16%
3
4%
,
■.
J^n
•■; -300,
31
16%
16%
•.
capital.—^.25
Corp
Tranc
.8%
cummon_u.5
capital—
%
J j.n
,13
•
59
al6?8
—
.....
—
Bros.
-Feb
100
—
—
Electric
Richman
150
13
Um
,
to
Rubber
&
Patterson-Sargent
Feb
83
•
Jan
i%.
850
v,
%%%
common.—v—i.5
Macuiue
1
-
3
2,200
2 Va
141'
29%
Sterling Brewers Inc common———1
bunuetrana
r.
.
1%,
30%
>-25,
capital
4%
i%-
,•
commoiii....*1
Indiana
ol
Stewart Warner Corp
,
1%
Feb
83
10;
83
'-.4
A14.
I
.20.
.Standard Gas & Electric
Standard
83
10'/a, Jan
66'%
—
a36
*p-
'
...
LeMur
191
66
IJJ5
*i_—.
preferred 6%
Reliance
—
13
alll% alll%
*
National Tile
Prior
Jan
64
a26% a27
Refining,
100
6%
13*
...
Sessions
.350
Jan
.....
Co.
R
Lime
10%
,3%
Jan
6V4
to
Electric
National
4 %
205
66 Va
—I*
Illft
Feb
9
High
Feb
6%
^ '1
.
F)_
,.10%
,
30
Bend
:
7%
59%
500
65%
1%
19
300
9'
■
62%
•
Corp class B common———_! Signode Steel Strap common.—-
,
20'v.
.
8%
:
&
Island
Lamson
Schwitzer
—
—
.........
Halle Bros preferred
Feb
5
pfd...
Interlake Steamship
Jaeger Machine
:
.Raytheon
T
Low
4%
a2l% a21 V»
preferred
$4.50
common
Controller
8%
a
Jan
70
460,,
82
J
h
6%
Rangc Since January 1
110
6V4
...3
Manufacturing
Elect
Shares
High
"
Iron
111
lists
4 <4
6 %
;T—
Cliffs
Elec
sales
4%
5
Body
official
Sales
for Week
of Prices
Low
__50
of America—.:
1%
•
&
City Ice & Fuel
Jan
14%
23%
8%
1%
•
Jan
150
25%
i
Jan
Corp.
Jan
48%
IIli
common..—.
Brewing
Goodyear
(The)
Pressed. Steel Car
Range
Sale Price
Manufacturing...
Coach
75
Jan
.
Feb
2%
Feb
73
26 Vs
Poor & Co class B
Week's
Par
Feb
19
Jan
6%
capitul
Peoples Gas Lt & Coke capital— .—100
Potter
14%
200
2%
73
10
.!
150
19
Exchange
inclusive, compiled from
STOCKS-
Feb
-.100.
Electric Switch class A 10.
Ps'tiusyivania
both
Last
Feb
100
B——. —6.
preferred
Pcnn
19
Feb
77 %
common.. —10
common
Feb.
Friday
American
Parker
to
Feb
Jan
15
77 %'
,6
—.
Jan
10%
77%
100
.—100
common
15%
300
17
13', *
13
Feb
80
17
preferred..
12%'
Jan
12
50
12%
preferred
Omnibus Corp
" 12%
12%
common. —
TJr,
Util
lien
—i.-\ v.
common..
Bancorp.
West
Prior
Mills
*
3 '•
>
THE COMMERCIAL & FINANCIAL CHRONICLE
716
Monday, February 22, 1943
OTHER STOCK EXCHANGES
Week's
Friday.
STOCKS—
Los
13
Feb.
Angeles Stock Exchange
Feb.
to
both inclusive,
ID
Sales
Range
for Week
of Prices
Sale Price
Par
Bandini
Petroleum
Corp—
Bolsa Chica Oil common———_——1
Electrical
106
16 Va
Jan
Jan
25
20
19
Jan
29%
8
Jan
100
29
834:
Coi'P—4
8%
1,261
8
1,880
6%
6834
Jan
412
193B
Feb
1934
9
834
734
:
560
■■
8
22%
7'%: Jan
19
13
to
Feb.
both inclusive,
1U
STOCKS-
Feb
Par
Jan
American
Gladding McBean & Co~_—
■—*
Goodyear Tire & Rubber Co..—.——
Tel
Feb
Barber
Budd
(E
Jan
Budd
Asphalt
G)
Co
Jan
1334. Feb
12734
Jan
13634 Feb
100
5
Jan
5%
Feb
260
9
Jan
1034
Feb
2834
165
26% Jan
26%
585
Jan
General
Feb
12%
:
Jan
340
634
124
.6734
36%
215
Jan
36%
_*
6 34
6%
750
4%
Jan
634
al%
134
50
n
Jan
13
Car
Motor
Petroleum
Intercoast
Lane-Wells
CO
*
common-
Company--
36%
24c
——10c
Corp_
8%
—1
——
24c
450
40c
24c
Jan
14c
2,000
8%
38c
Lincoln Petroleum Co————10c
34
Jan
bV8
8%
Jan
74%
334
235
i34
Jan
2434
233a
2534
279
1634
Jan
2534
36%
37
560
33%
Jan
37
4634
44
*
common-—-——.
3
*
——.
Motors—:
'
-
Lockheed
Los
Aircraft
Mfg Co
Nordon
10%
934
10%
1.20
1.35
10,867
8c
21,000
Corporation Ltd—
Petroleum
Corp
Jan
20
Jan
1034
Gas
Pacific
6%
5
Electric
&
1st preferred-
•
——
Ranch
Oil
Transcon
Oil
Union
35% Jan
35%
'
'
A-
'.
-
—
'
26
234
Jan
22
Jan
■
21 Va
4%
—
_
L
—
S5
23%
30
Jan
3134
28%
Feb
33%
105
33
Jan
33%
428
16
Jan
173'a
Viscose
American
28%
Jan
34
,
505
2%
7
834
1%
13
to Feb.
Aviation
Baldwin Locomotive Works
v
—
Bendix
Oil
■
Co__—
Aviation
Bethiehem
2c
Feb
Case
(J
It
- - -
Caterpillar
Tractor Co—-———
*
Service Company—
——.—10
Cities
Columbia
Gas &
Commercial
Elec' Corp—.;
Solvents
/
■
Jail
1034
Feb
8%
Feb
734
Jan
334 Jan
434
23b
Commonwealth
Southern
&
(A M)
Continental Oil
Co
(Del)*,—J
Class
135
32%
Jan
343'a
A
i.-:.;;
135
180
434
Harbison
14%
a37
159
Feb
Id
Feb
856
Jan
13a
Jan
1%
3a
2,793
3a
Jan
1%
Feb
397
1732
Jan
21%
Jan
7,173
534
Jan
634
Feb
106 34 1 07'A
74
Jan
10734
Feb
Feb
13%
Jan
21
A
--
1234
13%
103
12%
81
13'A
compiled from official sales lists
8934
44%
4434
for Week
Low
Shares
Range Since January 1
Low
High
1834
High
2234 Feb
Jan
22«/a
22%
172
7%
7%
230
6
Jan
11%
1134
80
10
734
7%
180
2%
334
5,596
1134
70
16
a
16
80
10%
Jan
12%
Feb
12%
13
Jan
2%
—
1034
—
Walker
0
Refrac
10%
248
134
300
Supply-.
Fireproofing Corp...
Pittsburgh Brewing common-
Pitts
■
!
•
7%
...
Feb
Jan
1134
Feb
6 34
Jan
73
a
Feb
2
Jan
334
Feb
•■934. Jan
1134
Feb
Feb
Jan
16
8%
Jan.
10%
Feb
134
Jan
134
Jan
75
1334
Jan
1634
30
92
Jan
97
212
7
0
7
Jan
15
534
3.635
7%
V"
25c
1,420
1
Jan
31V2
31%
60
31%
Feb
91
903V
91
,
Jan
234
31%
-25
60c
121
8434
5%.
300
4%
234:
300
18%
Feb
31 Va
Feb
91
23a Jan
18%
Feb
234
.
Jan
234
Shamrock Oil & Gas common—
Jan
Jan
Jan
7%' Feb
60c
b
Jan
5
234
»
Corp..
734
Jan
1.210
2%
0
Bolt
7%
6%
45c
55c
0
—
Screw &
16%
97
7%
—
Pittsburgh Plate Glass———.—
'
1534
95%
95%
——
0
Preferred
Feb
Jan
Feb
.,••5%. Feb
234
Feb
19%
...
Feb
1414 Feb
;
434 Feb A
2934
Feb
2934
360
42%
Jan
£1
1 >?■
■534
Jan
100
V
-
Feb
•
Westinghouse Air Brake—.——
::
523
1934
1534
Jan
|
6%
12
334
2,908
25%
12
IS
53a
2934
8
9%
Jan
54
1834
St. Louis Listed and Unlisted Securities
223$
34
434
Jan
Edward D. Jones
334 Feb
5
Jan
3,780
Feb
53a
Jan
2
195
%
Feb
30
Is
3
Sales
Range
210
2934
12
Week's
of Prices
15
2934
V
48
3%
V 400
60%
a6
434
Jan
50
37
12
Feb
2234
Jan
Jan
¥e
Jan
Jan
534
Feb
:
Co.
&
Established 1922
70S Olive St.. ST. LOUIS
40
I
150
255
29%
250
&2i%
24%
3%
500
34?a
357/a
7
853
■
Feb
:
2934 Feb
Jan
8
Members;;
,
:v.
Phone
New York Stock Exchange
i
St. Loute Stock Exchange
Feb
CEntral 7600
r
Postal Long Distance
Bell Teletype SL 593
Chicago Stock Exch,
Chicago Board of Trade
Associate Member Chicago Mercantile Exchange
50
3%
New York Curb Exchange Associate
Power &
Nickel
Co
of
Canada™:-
Kennecott. Copper
83634
1W
a32%
Corp—„.
Loew's
Inc.
7
■■
———*..■■ ;
•
3134
3134
—'
•
Libby McNeil & Libby common
%
■
6
3634
■
i%:
3334
2
31%
80
35 %
1
10
870
6
620
a473'a
48 34
16%
Feb
Feb
Jan
35 3 2
Jan
Feb
1%
Feb
3434
Feb
Jan
32
Feb
Jan
6
Jan
30
5%
St. Louis Stock
13
Feb.
115
to Feb.
both inclusive,
19
65
al6«/2
3%
3534
3334 Feb
400
32
Jan
Jan
& Robbing
Inc—
Montgomery Ward & Co—.
York
Central
North
American
North
American
RR
*
—
;
Aviation
VviAV'.
—18
.
3634
36%
3734
•
12%
123'a
13
12
12%
Inc——uV—1
Company
1234
*
STOCKS—
280
36%
Feb
3734
Week's
10%
Jan
13.
440
1034
Jan
12%
Jan
12%
366
10 32
Jan
12%
Feb
for Week
of Prices
Feb
12%
Sales
Range
Last
Sale Price
Feb
1,715
Par
A
Aloe
S
Co
Brown
Shoe
Low
Shares
Range Since January 1
Low
High
40
common-...;
American Invest 5$
Exchange
compiled from official sales lists
Friday
'
McKesson
New
1*6
1%
6%
0
Nat
;
Feb
27
33a Jan
48
250
13 Am
al3
,
'
24% Jan
248
334
8
Light Corp
*
General Electric Co_—343V
General Foods Corp
—
*
Graham-Paige Motors Corp..
■
—-1
Int'l
27%
4734
29%
-1
————„
34%
al8t
va
'
Feb
'
Jan
1
'
Elec
Feb
v- v
—
Jan
1934
*
Dusquesne Brewing
Fox*t
Pitt Brewing—
Jan
_1
5
Curtis-Wright Corp
•
6%
I %
.*
.
Continental Motors Corp
22
:
.0
:
common
Koppers Co preferred-.
1353a
53a
Corp——*
Consolidated Aircraft -i—■
23
20
34
—
Feb
Feb
rf
;;
Jan
1
'
Jan
2c
Feb
2c
2,000
a24%
''
—*
*
Corp
483a
434
.
Feb
■
Jan
■■''v^-V;;;.'
Commonwealth Edison common.——25
42
23
Copperweld Steel
7%
6%
V
—
114
5134
134
1834
834
:
131%
a833'a
_ -
—100
Co———
23%
Jan
4234
1134
1534
400
Jan
140
13%
;
,
Jan
•
4,371
3%
—
Feb
5334
—
(D L) Candy
Columbia Gas & Electric——.
200
a58%
—
Feb
43 34
3834
6
Clark
6%
637
13%
V/
:•
-5
2534
Jan
Jan
-*
Allegheny Ludium Steel
7%
4%
5
Corp,
Borg-Warner Corp .——-
Jan
234
Par
Byers
a46 34
.-5
.
Corp
Steel
223a
15
Sale Price
Feb
4
a2634
;
206
4%
1
STOCKS-
Feb
501
7%
^
2534
Last
Feb
V2
8
2%
Jan
13534. 1353a
334
13
t c—
Feb
Friday.
1634
1034
734.
3
(Del)
(The)
Corp
Feb.
2934
■
a3434
Barnsdall
■
16 Va
Jan
19 both inclusive,
Jan
5
2c
.
Jan
26%
5034
*
Feb
6,177
1534
16 J/a
4
—
1434
95
42%
.10
16
7%
17%
Atchison, Topeka & Santa Fe Ry_ —100
125
2934
.
...
Biaw-Knox co
10%
Anaconda Copper Mining Co——_ ^—50
—5
& Co (111)
153 V
29%
1934
Mountain Fuel
Armour
18 Va
1
Feb
16%
34
2%
Corp
Jan
Feb
290
1634
'
13534
13%
Pittsburgh Stock Exchange
Jan
17%
100
205
2434
.
30% Feb
7%
—
1834
1534
Feb
371
609
al5%
—
1634
25
Inc
Feb.
'
Corp—
16%
—25
preferred
Feb
Stocks& Std Sani
Jan
-•
Feb
Jan
29%
Mining Co—10
Co_——10c
Tel & Tel Co^
Feb
32 3'a
«
Lone Star Gas
Unlisted
115%
Jan
Jan
31 %
Black Mammoth Cons Mng
American
Jan
3134
0
Wesmoreland
Stocks—
Amer Rad
11434
United Gas Improvement common-
'
Mining
Feb
44
190
50
..
.
Devonian Oil l'i.
Alaska Juneau Gold
Jan.
26 34
32%
—
Feb
Jan
4
200
734
1
Feb
43 a
Jan
Feb
26
2%
2%
200
lc
Jan
lc
1,633
3334
—-25
3%
Jan
Jan
33
Jan
32
220
33%
'
Jan
33a
2334
220
Jan
50
104
1,000
a333/4
.-
234
4.077
4%
„—-
Corp common
$3. preferred
Feb
Feb
3134
Corp.-
United
Feb
4%
31
corp.....v——2
Air—*——
5
—
9
Jan
29%
—
Inc_
Jan
33
lc
Oil
Preferred
Feb
Feb
2,843
114% 11534
11534
«
Feb
25
734
4%
2%
Aircraft
2:65
Jan
Feb
3%
2334
Universal Consolidated Oil-.——10
Vultee
■
4%
A-m»' "
■
-
2.1Q
25
8,550
3634
-
California———*
California
34%
Feb
534
3%
2934
preferred
Dome
25%
.
Tacony-Palmyra Bridge cl A partic.
Transit Invest Corp common-.—.
Jan
Feb
48%
•
434
3%
4
4
25%
Feb
Feb
.-Feb
26 VB
334
1 ■;
preferred
2nd
Sale
Jan
4134
39
.2234
■
—-1
of
2734
Jan
Jan
1,220
a36%
"
.
Jan
3934
475
434
234
27
;
#
Light—
Scott Paper common——~
Sun Oil
Jan
300
9
26
33
65
2.50
lc
Jan
272
25
33
3034
174
39
&
-
50
32
'
Western
&
Feb
3%
33
PaciiicCo—
Transamerica
2634
'
preferred B__.-25
preferred C_..————25
So Calif Gas Co 6%, pfd class A
25
,
Jan
834
534%
Sunray Oil Corporation
2334
'2.40
"434
6%
of
291
3834
'
Co
26%
25
Safeway Stores, Inc
*
Security Co Units of Ben Int„
Sierra Trading Corp.——————25c
Signai Oil & Gas Co. class A-——*
Solar Aircraft Company —4
1
Sontag Drug Stores
*
Southern California Edison Co Ltd
25
Oil
Feb
27%
2.40
—1
Richfield Oil Corp common———*
Ryan Aeronautical Co———_~1;
Standard
Feb
36C
43%
i
■
.■
Company
bouthern
12
Jan
a26%
Indemnity Co—--—-—----10
Lighting Corp com
Republic Petroleum Co common———1
Pacific
Rice
Jan
2,000
a43%
Pacific
1st
Feb
Jan
3oc
32
25
'k preferred —_———————-25
•
8c
5c
9
200
26%
2634
common——-25
Power
—
12
3%
Jan
Feb
38c
6c
■
r
Jan
334
Philadelphia Elec Co 4.4$,,pfd—..100
Philadelphia Electric Power 8% pfd.-25
Philco Corporation —
Reading RR common-;
Feb
1.35
8
36c
•
434
507
■■
Feb
12
7c
—1
1
1
■
Oceanic Oil Company
1,779
334
Pennroad Corp voting trust ctfs—.
Pennsylvania RR—
97j/2c Jan
1,423
1.30
5%
3%
National
Feb
17%
175
—.1
——
Occidental
.
20
-——10
Investment Co
Angeles
Menasco
20
Corp————i
860
5
334
Feb
Feb
-
Jan
4834
534
47
——.
Jan
"
Feb
72%
Navigation—
Valley RR
Feb
40c
Jan
27c
6,012
Feb
Feb
.7434
834
•
Jan
4%
834
;
8%
Lehigh Coal
Feb
1234
.
Jan
J
■
72%
■
Prior preferred
Electric Storage Battery
534
67
4%
8%
———
Curtis- Pub Co
10%
12%
4 34
■
I
1134
579
1234
^
Feb
High
550
*
common.^—
Company
Cnrysler Corp
Low
13%
Corp.__
Feb
Hupp Motor Car Corp—————1
Hudson
Feb
Range Since January 1
High
1234
Mfg
Shares
Lehigh
Hancock Oil Co class A
4%
Jan
13434 136 V8
136,
■
■'
a2734
a28Va
Feb
Jan
for Week
Loto
&
Wheel
5%
.
Feb
%
82
«
Sales
Range
American StoreS—
1034
,
Jan
2Va
Week's
of Prices
Sale Price
47%
4434' Jan
•
82
compiled from official sales lists
Friday
405%
405 34' Feb
935
;
9
Philadelphia Stock Exchange
Feb.
Feb
9
1
47%
—10
Corp common-.
General Paint Corp common—
52
Jan
60
Feb
8%
Jan
47%
40534 405%
Bank-,—100
Motors
3334
Co____
Jan
9
Jan
147
7%
1934
9
6834
74%
8%
"■ 1
^
1934
Farmers & Merchants Nat'l
General
a33
(F W)
Feb
2434
485
25 34
a72%
72 34
"»L.
■
——...
Products
Woolworth
"
a
Consolidated Steel Corp.—
—
510
9% Feb
17% Jan
17%
90
4%
Jan
90c
Jan
89 Ve
High
Jan
734
350
Feb
4
Jan.
75c
9%
4
Jan
8V4
Consolidated Oil Corp—
Preferred
l.bU
.
Low
•
48
597
52
9
Last
1
5
——
Jan
7%
28%
Chrysler Corp
1.3o
440
Range Since January 1
High
a8734
Jan
500
Jan
190
Central Investment Corp——100
Company———.
34%
80c
a24%
Aircraft
Jan
1.60
9
Shares
Jan
30%
al7%
al7£
1.95
50
914
common-—*
Cessna
1.80 Feb
700
9%
Inc——*
Byron Jackson Company——.*——*
Packing Corp
910
5
High
4
80c
Broadway Department Store
California
1.90
1.60
2
_——»
Low
34
3%
34;
5134
Sales
for Week
Westinghouse El & Mfg Co— .—50
Willys-Overland Motors Inc—..i—^-1
Range Since January 1
High
1.85
Company—.——1
pfd———50
Corp 5%%
Diamond
Blue
Inc__.———50c
Accessories
Aircraft
Low
Shares
Low
Steel Corp.—
Warner Bros Pictures Inc——
Week's
Last
STOCKS—
U. S.
.
Range
of Prices
Par
compiled from official sales lists
Friday
Barker" Bros
Last
Sale Price
40
40
5
High
40
Feb
Feb
Feb
45
37
70
40
Jan
45
37%
70
31
Jan
3734
Feb
20
0
45
36
preferred—-
common.——
20
50
15%
Jan
20
Feb
4
609
334
Jan
4
Feb
Feb
"
Ohio Oil
Company--—,—v
Packard Motor Car Co
•
Paramount Pictures Inc—
Pennsylvania
Pure
Oil
RR
3%
l
„
—
_*,■
:
:
Steel
Seaboard
Oil
—'
Corp—
*
15
33a
900
234
Jan
15%
Jan
19
Feb
24
Jan
2534
Feb
Dr
18 34
1834
12
90
26%
285
7%
Burkart
Manufacturing commonCentury Electric Co——————
Coca-Cola Bottling common——
270
a25s/a
al4
Radio Corporation of America—7%
Republic
3%
a
Co———50
Co
al4%
14
10
8
1,873
Jan
14%
334
Feb
of
Del—-.
Sears, Roebuck & Co
Socony-Vacuum Oil Co—
,
Standard
Brands Inc.—
Standard
Oil
Standard
Stone &
of
Oil Co
Ind
—„
.
Elder
Feb
Falstaff Brew common
19
Feb
Hussmann-Llgonier common
Huttig S & D common
16%
875
14 V4
Jan
19
100
19
Feb
6534
104
5934 Jan
6034
Jan
Mfg common
10%
Jan
12
Feb
4%
Jan
6
Feb
a29%
25
—
Swift
_I
25
Texas Corp (The)_
Water Assoc Oil
25
Tide
United
Corp
United States
For
(The)
(Del)
Rubber
footnotes
see
Company.
page
—
720.
2434
8
8%
2%
25
-
—
28'a Feb
28%
Feb
Jan
4734
32
5%
2
100
403
24%
26
44%
11%
1134
5,000
80%
303a
Jan
834
Feb
2%
Feb
25
a29 34
1
'4
30%
42%
9%
125
Jan
27%
95
1,350
Jan
.
43%
11%
Portland Cement
Feb
Mo
20
11
Feb
20
23
Jan
■26
Jan
Jari
8
Feb
11
25%
Feb
,
7%
150
8
21
75
Jan
21
Feb
6
200
5%
Feb
6
Feb
8%
210
7%
Jan
8%
Feb
33
425
2834
6
435
31%
6
16%
17
Jan
33
Feb
634
Feb
1534
Jan
1634
Feb
150
17
Jan
50
16%
17
,.
Feb
Feb
National
Feb
Feb
common
.
•
—
14%
Jan
17
Feb
0
Sterling Alum common
Feb
Wagner
.
5
Stix, Baer & Fuller common
Electric common.,—
—
—10
—15
Jan
634
14 34
Jan
j
1
102
1834
9
—
2%
50
2%
Feb
2%
9%
10
8%
Jan
9%
97
7%
•
—
"2%
97
v-.-.
1
—
14%
■
9%
10
100
Jan
175
9
8%
9
Jan
99
450
17%
12%
10
102
17
0
Scruggs-V-B Inc common
2nd preferred
Jan
——
102
15
14%
14%
-V
*
St Louis Car common
1H
■
—
100
Bearing Metals pfd.,
Candy common
Rlce-Stix Dry Goods common
21 v*
Jan
13/32 Jan
—25
National
60
1
——
Midwest Piping & Sply common.—
50
a4454
common——_
common
Feb
Jan
4734
420
a30 34
I
*
—10
a8
a803a
1134
*
5
-
245
234
24%
10
—
20
5034
734
1
;
29%
a 49%
Steel
38
11
734
Laclede-Christy Clay Prod common —5
Laclede
1634
534
8
•
1,625
1,190
21
Jan
20 %
21
5
6
Jan
12%
8
•
—
12
"
Co
Union Carbide & Carbon
Corp
United Aircraft Corp
—
Shoe
■
0
5%
17%
30
11
0
1134
10
16%
25 %
—
common—
5%
_l
Company
International
Brew
21
'
.
11%
Studebaker Corp
Superior Oil Corp (Del)
&
:
——
_*
capital———25
Inc
'
•
21
16 %
„
.
Ely & Walker Dry Goods common— —25
19
a64 %
0
Feb
8
.
334
1
15
—
—
(New Jersey)-..
Webster
19
■
0
Feb
12%
Jan
15%
*
.1
10
Pepper common
Griesedieck-West
Co
,
1634
1234 Jan
5
Feb
'
27%'
6%
26 %
7%
1
..
36
337
Feb
98
.'
Feb
Feb
Feb
Feb
Jan
734 Jan
6%
150
7%
27%
.
97
.
Feb
Feb
:
Jan
6%
Jan
734
Feb
2434
Jan
2734
Feb
Volume
157
Number 4153
THE COMMERCIAL & FINANCIAL CHRONICLE
717
OTHER STOCK EXCHANGES
Friday
San Francisco Stock
STOCKS-
Exchange
•
Feb.
13
to
Feb.
10
both
inclusive, compiled from official sales lists
Friday
Week's
Last
STOCKS—
Accessories
Alaska Juneau Gold Mining Co
Ins
Fund
Atlas
Imp Diesel Engine
Bishop Oil Co
Calamba
Sugar
California
2
Caterpillar
Central
preferred
Tractor
Creameries
Crown
of
Amer
Zellerbach
Preferred
Di
A
Coppermines
Inc
*
Doernbecher
Preferred
Genl
Corp
Golden
Hale
Stores
Bros
Hawaiian
Holly
Pine
Honolulu
Hunt
Oil
Brothers
Preferred
Feb
19
253/6
Feb
Jan
5%
4'/a A-
120
37B
Feb
4%
Feb
2,754
117a
Jan
133/4
Feb
.
A
A,
Co
Lockheed
Auto
Natomas
North
47%
Occidental
Paauhau
Pacific
Cons
Sugar
Can
Radiator
Atchison
Feb
Aviation
140
38
Jan
41
A Feb
74
Jan V.
,77
.
1,178
4474
Jan
4774
Jan
53/4
Feb
12
19 .v.,;
Jan
14
*
15%
500
6%
163/a
7%
19
—
4 ■'■''
„
19
4
19'A
Bunker
Feb
Cities
1.25
Curtiss-Wright
Jan
7%
Feb
Gt
Feb
Hawaiian Sugar Co...
Ho'obs Battery Co A
1
13c
10
A
Feb
5%
6%
Jan
73/4
Feb
7%
900
10c
152
9%
Y
N
City
6%
•
.
1st prelerred.
5% %
1st
2674
25
preferred——.—25
32
29 Va
29%
293
26%
_.
26%
31%
—
Oahu
i-
Feb
Feb
Pioneer
Packard
Feb
27
826
Jan
267a
Feb
Jan
33
Jan
1st preferred—1—
Pacific
$5
Pac
26%
'
.
Light Corp common
28%
Jan
29%
Jan
267a
Jan
27 %
Pub
*_
Ser
common
——*
preferred i——
__
Jan
Tel
Tel
&
Motor
Mill
Preferred
Paraffine
—100
Co's
Pig'n
Whistle
Puget
Sound P & T
Inc
common
capital.
4%
Jan
16%
Feb
Standard
90
Jan
9374
Feb
Standard
151
102
4
4
-
63
9
4
.'.A
9
200
9
preferred
Oil
151%
Feb
Studebaker
102 Va
Feb
Sup
Jan
7
Jan
Port
of
N
E
&
R
Ltd
Co
Preferred
Rayonier
*
common
72
75 %
13
13 %
29 %
29 %
25
...—
Republic Petroleum Co common
Rheem Manufacturing Co—
—:l:
2.50
1
2.50
10%
1
.
391
10%
74%
1
common——...
10
—
.————.—-100
Incorp
Preferred
A
._
Feb
United
Aircraft
Feb
United
Feb
Utah-Idaho
Corp
Sugar
64
Jan
75%
Feb
11%
Jan
13%
Feb
Feb
29%
Feb
Westates
250
Jan
2.50
Jan
805
10 %
•2.05
10%
Jan
1074
Vica
Feb
Company
CANADIAN MARKETS
Canadian
Note:
12 to
for
Prices
Feb.
Feb.
19 both
12
(Lincoln's
Birthday)
included
in
this
Dominion
Last
STOCKS—
....
Acme
Works Ltd.
Glove
*
common—
3
Agnew-Surpass
Shoe
Alberta
Pacific
Algoma
common—*
Steel
Grain
Aluminium
Asbestos
————
Bathurst
\
Breweries
L
T
&
'Q >•;
•
v
.Class
B
common
3%
Products
Preferred
class
North.
Canada
Power
Wire
& .Cable
class
7%
'J.**:'-''"
■
participating
Canadian
Canadian
Cottons
preferred-
Canadian
Locomotive-
Plow
Cork
Distillers
&
—:—
Seagrams
720.
Jan
14%
451
14%
Feb
810
11%
Feb
4%
2674
Jan
5%
Jan
43%
94%
95
22
23
120
;
:30
92
-4
.A
'
8
20
Feb
Feb
5%
Jan
95
Jan
23
Feb
150
Jan
107a
31%
Jan
35%
Feb
20
20
140
20
Feb
22
33%
33 %
190
32
8%
355
•"
—
8
8
28%
;
30
—
185
30
320
31
18
236
120 Va 120'/a
—
27
•
4%
<■,
Jan
4%
Jan
29 Va
Jan
3478
Jan
Jan
8Va
120
67a
32 Va
500
303%
5%
310
15c
2.00
53%
Jan
15c
Jan
337a
200
73.a
32 Va
Feb
lie
215
Jan
Feb
5
6,400
37%
Jan
37%
Feb
1.60
27
4%
27
■
47a
37
'
220
330
6%
9
Feb
73/4
Jan
2.00
Feb
Feb
Feb
13%
Jan
17
Feb
17
:
A\
13
3%
100
2%
Jan
3%
Jan
26 Va
452
24 Va
Jan
25 %
Feb
11%
11V4
100
6%
Jan
.11%
Feb
a30%
31%
125
27 Va
Jan
31%
Feb
7%
77a
1,186
5%
Jan
77a
Feb
157a
157a
Feb
260
14%
Jan
7
240
57a
Feb
7
Feb
6
100
5%
Jan
6
Feb
11%
12
825
107a
Jan
12
Feb
23%
23%
28^
21 %
Jan
31
31
465
30 Va
Jan
5%
150
4%
Jan
50%
460
6
—
/
Va
8
8
47
48 %
146
47
20
a29%
._*
1.00
•
1.00
51 Va
51
30%
1.40
Friday A
8
Feb
47
Feb
Jan
30%
1 %
Feb
52%
Feb
2,25 Jan
80c
2.50 Feb
Feb
7%
90c
Jan
9c
850
32%
Jan
9%
22c
1.25 Jan
10
Week's
31
Steel
AA A
9 '
6
"B'
34
1.65 Feb
Feb
31
Feb
Canada
1.25
1,110
8 Vz
A/'
8
8%
5%
574; A
Hudson
Bay Mining
Imperial
Tobacco
5'/a
5
5%
9.50
*
2
t*v%
of
Can
11%
common—5
.
7
:
l-'
ioi/2
100
Ltd
Preferred —_i._
————£1
Industrial Acceptance Corp
——*
International Bronze common——*
Feb
Feb
Jan
5
Feb
14%
Feb
1574
Jan
73%
1,305
■
195 '
Jan
8%
Jan
/3/4
2
Jan
1,595
g
Jan
575
466
■!"%00
200
% ; 5 'v
4%
8.90
tVs
Jan ':'
370
2774
Feb
12
Jan
2,845
1174
452
7
40
13
Jan
Jan
101
28%
1374
Feb
Jan
Jan
9.50
13%
•
Jan A
7
Jan
574
Jan'
Jan
574
Jan
98%
3,260-
Jan
International Petroleum
18%
Feb
International
Lake
273/4
Jan
120 V8
25
374
of
30
Feb
Lang,
Jan
30
Jan
Legare
Feb
139
Jan
the
Lindsay
Feb
120 Va
&
Woods
Sons
Ltd
Ltd
*
100
12%
:
Jan
7%
.
Jan '
Feb
14
Jan
John
11
170
11
Feb
12
Jan
37
38%
1,491
33
Jan
39%
Jan
187a
430
17
Jan
75
98
Jan
665
19
Jan
23%
14
18%
105
A——
*
105
23%
23%
*
common—;.
15
,
..77a
'
15
30
12
14
50
14
Jan
14
9
9
30
8
Jan
9
Jan
7
25
7
Jan
7
Jan
55
55
30
55
Feb
55
Feb
Feb
Massey-Harris
*
28
Jan
McColl-Frontenac Oil
*
7
Jan
5
Jan
Mont Light
♦
26
Jan
15
Heat & Power Cons
534
574
7
.:
■
6
7%
253%
26
;
.
.
73/a
Feb
87a
535
9%
Jan
97a
Jan
4.on
3774
Jan
43%
Jan
National
30
22
Jan
25 %
Jan
Noranda Mines Ltd—
27%
V4
12%
25%
25%
28
Jan
255
26
26
26 Va
577
247a
Jan
27
Jan
12 34
1274
170
11%
Jan
13
Feb
27%
Jan
29%
791
Jan
57a
Jan
575
6%
Jan
1,382
24%
Jan
27
Jan
Feb
63k
Jan
7%
Feb
Feb
2,385
974
1/4
Jan
7
Feb
774
A"
Feb
Jan
*
Preferred
7%
A"?
18%
110
—25
—
W). common—
9%
43
Feb
100
preferred
(C
Co
preferred-
Power
Feb
Jan
11
37
Jan
Feb
85/a
•
Jan
14
13%
'
84
12
117a
7
4 A.
79
P3a
11%
5Va
80
100
i°%
A
119
5%
9.50
1014
-
100
——:
Oil
5%
_•
*
1.30 Feb
4 Va
A,
14%
Feb
7%
300
84
Jan
Jan
Jan
5
8%
6%
Jan
5
.8
:
Feb
'}/.? 3
14%'
Feb
80
152
Jan
225
84
7%
Jan
75c
4%'
:
Feb
Feb
5%
7%
8%
Jan
'
1,705
60
Feb
%
8%
Jan
76%
4%
14%
*
•
Jan
152
10
1.30
5 Va
6 Va
26
8%
10
7%
-—A''
._*
425
152
A/SAv
A:,;SaA
—*
common—
7
79%
v
155
Jan
4%
100
Wares
954
674 i.
High
Feb
8%
1,230
8%
153
7%
—A*
common
150
9%
79 %
1.25
Range Since January 1
Low
154
152
International Nickel of Canada com—*
Feb
Feb
A'
8
79 %
*
—
.
9 A:
152
•
Sales
Shares
High
153
—
—*
-
Preferred
,9
19%
Feb
Feb
for Week
Range
Low
■'
—*
—
class
of
Co
33%
Jan
Feb
Jan
Jan
30
of Prices
■
—
Power
preferred
Jan
17%
Feb
Jan
%
910
1.65
a32 %
4978
Feb
Feb
28
400
9%
22c
1.45
Feb
Feb
57a
48 %
200
90c
17c
31
500
2.40
80c
22c
23 Va
900
52%
a9%
..
.
I
Jan
5%
47
20
1.25
Va
2.25
__
———
Electric
Jan
27%
Feb
123%
23%
— j—
1
Heating Prod————*■
7%
133
Feb
127a
-
♦_
-25
28 Va
136
18
18
_* '
28%
29%
136
.
Feb
2.85
205
Feb
849
75c
620
34
Jan
"
.
——*
Howard Smith Paper common—
4
Jan
Feb
a3%
:
25
Hamilton Bridge
Hollinger Gold Mjnes——:
Jan
Feb
4'%
Jan
Jan
Sale Price
Gypsum, Lime & Alabastine
Feb
Feb
2.90 Feb
35c
10
3%
237a
Jan
100
Feb
13
A
20
70c
Feb
2.65 Jail
3%
.
107a
73/0
1
Jan.,
15%
Jan
160
V
4 Va
Jan
Jan
2
135
.
23%
200
35%
a25%
Corp
&
General
Jan
16%
4,794
common
page
23%
14974
.
Jan
13
6%
26
see
235
Jan
Jan
6%
1
Dominion Coal preferred-—
footnotes
147s
,1474
107a
Dominion Bridge
For
141
1,680
Feb
35 Va
—25
Co
12
184
13 3/4
9%
__100
com.
—_—,
Seal
Gatinau
34%
Consolidated Mining & Smelting—. 1—5
Crown
Foundation
Jan
;<
class A—*
Canadiaa Pacific Railway
Cockshutt
Jan
15%
•
—100
Alcohol
25%
Jan
io3/a
*
Investment
Jan
228
A
:ii6o;
Converters
Industrial
English
15
Va
a49%
Feb
34%
—25
common
Canadian
Jan
10274
.—**1
:
Canadian Foreign
124%
Feb
..50
preferred
Celanese
7%
A
'■
(M.
"B"—.
preferred
33/4
43/4
Canadian Car & Foundry common.
7%
Enamel
Jan
200
Jan
10 %
__
,-100
Imperial
i
Canadian Bronze common—.
Canadian
r; :
2674
14%
—J**
Corp
Steamship common—^
preferred
Canada
•
A——
Canada
5%
/Av-
3%
A
1,230
1574
25%
A
12
Electrolux
97a
23%
2.90
31%
650
__A
5
common
Dairies
Feb
Jan:
2174
A
95
14%
lS %
14%
.100;
—
Forgings
14%.
7%
Canada Cement common———.
Eastern
111
Feb
101
275
15%
Feb
2% Jan
1,322
950
25
...
common..
Ltd
Textile
Dryden Paper
Feb
14
Jan
105%
525
Feb
4
33
300
12%
Jan
Jan
8%
A 221
-:7 A
24
143% 144
.
—
•
A
.
25%
;____*j,
——
High
5%
15%
class A_——*j
Bulolo Gold Dredging-—
5
Canada
102
37
200
'A-
4
12%
..
.5
Preferred
4
49
370
Jan
37
35%
12%
•
Feb
11 Va
125
A'
121 Va
15%
143%
*j
Corp cl A—*,
Bruck Silk Mills-——,
Build ins
i- 14%
;
British Columbia Power
■
A/ 3
30
A
83/4
101
23%
common
P
■'!/;/
120
101%
Paper A—
• J
Bell Telephone Co of Canada——~100Brazilian
111
8%
*
&
Power
110
*A
Corp_.
Associated
14
3,4
8
50
—
—
14
25
Feb
2.00
''
——*
——
Preferred
Low
A 3' :AA'
y,v-.
preferred—1.00
common—
Ltd
Range Since January 1
High
3
v
8
17
•
Coal B
&
Stores
Dominion
Shares
Jan
:
A; 12 %
Dominion Tar & Chemical common—*
for Week
of Prices
Low
7'%
a36%
2.00
,
Sales
Range
Sale Price
Par
716
764
1
Telegraph
Steel
Dominion
Week's
Friday
Feb
Feb
8 ,„A
14c
I Par
range.
50
8%
a7%
__
Dominion Glass preferred——_—-.100
week's
,
~6~%
3%
5
-
'
are
Jan
Jan
18 %
Last
Funds
Feb
9%
A,
70c
12%
STOCKS—
inclusive, compiled from official sales lists
Feb
11%
930
4
'.
34
Al4c
;
A'
Feb
90c
Listed and Unlisted
—
Montreal Stock Exchange
Feb.
Feb
36%
Jan
Jan
4
__
A
1
Union
Va
Feb
55c
*
Preferred
Western
Jan
36%
Jan
Jan
25
common..
Petroleum
3%
75
49
Jan
5Va
-
Jan
5%
5%
common
Warner Bros Pictures
29
,
A
;
Feb
2.75 Feb
.7%
*
common
Co
205
443
Jan
1.80 Jan
15%
2.85
__
25
—
Corp of Del..—
10%
Feb
440
23%
15
...
preferred A
4
Jan
Feb
'A 500
6
J—...
Corporation
385
'
2.50
' 10%
8%
Feb
8
,
15%
United States Steel common
R
24
1353/4
<
Feb
..
V*
36.
25
9%
;A
Feb
6%- Jan
8%
34%
—
*
common.—
Inc....
Cement
23%
135
2,902
6%
18
3%
*
—...
Brands
Jan
3%
x
6%
Edison Ltd
Feb
•,
A
__
34%
*
Riverside Cement Co class A
Schumach Wall Bd common..
14%
20
Jan
8
•
...
Feb
25
Jan
8%
50
Jan
102V2
6%
'
—20
3
151% 151 %
Jan
30
30
45 Va
36%
18%
20
Corp of America—
Republic Steel Corp common...
Calif
36%
a
.10
Co
So
176
18
Jan
2,460
11
8%
^.5c
—
Socony-Vacuum Oil capital
93%
10%
—
*
Feb
93
: 151%
common.—.—._*
1
common
Feb
..
preferred—100
preferred......
Co
34%
32
cap.
39%
102
100
common
Jan
Jan
270
4%
—
•
105 %
630
Feb
Jan
"
30
1,207
88c
A
..._1
Jan
4%
15%
265
Jan
30
-
30
8
36%
5
Jan
16%
24
135%.
4Va
common..
333/8
16%
A
•
102 %
—*
Jan
255'
29
20
-
>
a36%
3 y2
common
30
468
Feb
Jan
10
85c
1
1,028
4Va
2374
639
*
85c
♦
39%
..
18
30
10%
Canada
104% 104 Va
38Va
dividend
1st
Pac
25
10
5
30
4%
__
^
Radio
•
5%
v
8%
245
;
Pennsylvania RR
2.70
307a
Feb
11
Jan
47
.........20
Sugar Co Ltd capital
10
237B
197a
Jan
7
47
;
pfd——.1—*
Corp
R
Jan
840
Feb
83/4
300
27
•
of
Co
Feb
3,695
:
18%
1,175
8%
a34%
Feb
Pullman
Pacific Gas <fe Electric Co common..25
140
11
24
.
5
Copper...
R
American
Jan
7%
19%
33%
—*
...
Co
6Va
2.40
Feb
1774
1. xl''
Copper
Sugar
Central
North
Jan
15C
Feb
17%
.
Jan
Corp
Nickel
9
800
1,800
.
Jan
Jan
Feb
18%
Jan
Jan
;
Mountain
3.40 Feb
300
774
Jan
16
26%
Montgomery Ward & Co
Jan
6
Jan
15%
127
33%
—•
MJitM&M Cons..
Feb
2
B
Mary Mines
Kennecott
1.35 Feb
Jan
6%
3,576
90
Co
Ry non-cumul
McBryde
Feb
78
10
2.70
63/4
1.10 Jan
13,415
100
Co...
International Tel & Tel
2.60 Feb
Jan
1,150
7 74"
10
50c
A
13c
2.60
Feb
1.60 Jan
57a
550
9%
10c
50c
3,300
7%
7%
*
100
Share
International
Feb
800
3.40
9
r
20%
1,396
6 74
2,60
Jan
Co....
&
Electric
Nor
Idaho
Jan
17
Bond
Class
33 A Feb
630
1.35
7%
—1
Feb
4
73/4
428
1.1'
,.*
Corporation ——I
6 Va
6
Feb
27
.10
common—...
General
Jan
Feb
2.75
Corp
Elec
Jan
97 Va
27
,—25
Feb
Jan
6%
6
Co
Oil
Dominguez. Oil
5
Feb
30
..
2%
Consolidated Edison Co of N Y
Feb
2%
97%
7%
5
Consolidated
19
45
17 %
135
3
Feb
Jan
29
50c A
1.25
Service
AA—,/
—1
Chesapeake & Ohio RR—
Jan
Jan
Feb
97 Va
30
100
Sullivan..
7
225
2.60
6%
&
6
2,470
20
50c
2.35
Hill
19
18
11%
2.75
Del
Jan
100
%
6
19%
2.40
•*•;.
33 %'A
5%
A
of
Jan
120
4
31%
.
5%
Corp
67B
20
Jan
265
—A"'
14
Top & Santa Fe
6
774
7Va
10%
50
Feb
Jan
1,146
...5
15%
Jan
117a
27
A
..
100
18%
A
34
18 %
Sanit—*
Co
170
•
Stand
75c
Jan
55c
827
13
Jan"..A
&
Tel.;..
215
6
6%
Pacific Coast Aggregates...—5
'
&
Blair
Feb
4%
Jan
Jan
265
20
Bendix Aviation Corp....
& Co Inc capital
Feb
1,015
6
15
...
Jan
,
19
1
common
8
15
,.
Feb
Jan
4
28%
27
__
.50
American Viscose Corp
Anaconda Copper Mining
Feb
Jan
70c '
...
.1
Plant.
Co
American Tel
Jan
12%
1,201
15%% A 417
398
18%
14%
:AA.
77a
1
Feb
4%
157a
45
4,377
8%
50
American
13
878
.
Sei'ies
173/4
1,320
:
10%
10
American Factors Ltd capital.—
146
-
70c
.10
.
,
Co
Feb
Feb
Unlisted—
Feb
5%
12%
:A
—
1.100
Petroleum
3
Cab
19
33%
19%
....100
Co
Feb
Jan
Jan
4%
7
8%
Co.;.—i——„20
Steel
20
15%
31%
17%
1
2
Feb
47%';
5%
__
American Oil
8%
41
2.50 Jan
Checker
Series
Feb
92
,•<
Jan
Yellow
"
-A;
Company
North American Invest common
33
150
A
77
*;
common.....
8
40
19
—i
Fibres
100
39%
70c
Manufacturing Co common—1
National
3
15
Magnin & Co I common.._—6%
Menasco
A
Jan
Jan
18%
1
*
813/4
-5%
203
3
-15%
10
Lyons-Magnus "B"
Magnavox Co Ltd
8%
41
8
*—7
Aircraft Corp
141
1,671
91
6%
14%
•
Salt
90%
12%
..._10
Libby McNeill & Libby—
13%
35%
...
Langendorf United Bakeries class A—*
Leslie
13
47%
■
——10
Class B_
&
Feb
173/a
—10
:
...
Fargo Bank & U T
Pipe
7%
17%
^
..—5
Oil
Feb
4'A
Wells
Corp—
—
Agricultural
Western
Feb
Jan
Hutchinson Sugar Plantation..;—— 15
•
Waialua
Feb
5
76
capital...*
cbmmon—,
1.60
17%
40
.
...........
Jan
21%
14%
1
Corp
93c
2
25
—25
...
Jan
Feb
4%
22
34
97%
...
Jan
17%
Feb
41c
1,403
173/a
4%
327a
11%
*
Consolidated
Aircraft
17
■
33
10
common
...
Air Lines
Universal
Feb
100
•
Development
447a
206
„
—*
Ltd
Jan
300
1.50
4274
Oil
Ass'd
17
*
•
9 %
Feb
3%
501
18 74
33
High
Jan
20c
2,115
20
16
33
*
Ltd
of California
Argonaut Mining
Inc...;
Co
420
Co
Co.,
Sugar common
Vultee
Feb
220
—
*
-
28
-
J
8%
common.—.10
State Co. Ltd
Jan
5%
„10
Paint Corp common
Feb
26%
Water
United
Jan
53 %
19
41
*
Co
25%
25%
„
—50
Ins
Motors
Jan
Jan
18%
—
L.•
common
23
53
Pacific
Valley
Union
25%
4%
WT..*
(ww)
Fireman's Fund
General
Co
Feb
20
pfd series A—25
Transamerlca Corp
Union Oil Co of California
Jan
4%
5%
100'
Capwell
" 1.40
17%
Jan
84
A. 100
447/a
44JA
Jan
3%
1,620
53'A
.—10
Mfg Co-—
25!4
16
19
.__*
——■
El Dorado Oil Works.....—.
Emporium
750
17
common—
Co
600
4%
-
774
1,204
41c
37a
20
5
Co
Range Since January 1
Low
9%
41c
4'A
15
common
Preferred
1.90 Feb
—
5
1
1.50 Jan
220
4%
28
common—l:
Giorgio Fruit Corp.common
Preferred
400
Tide
1
Gas
Standard Oil Co
Feb
17'A
iA——5
Corp common
8%
53'A
.
Consolidated Aircraft Corp common—1'
Cons. Chem Ind class A
!—
*,A'"
Cons
Jan
277/a
44%
common.;...*,
Mining Co common__l
Eureka
63/B
53'A
Co
Southern
Feb
1,414
Oil
Co.
Shares
High
:
9
41c
Pulp
Calif
Spring
Feb
6 34
28
25*.
13
Jan
1.90
24%
>
___50
Service
Feb
-
57a
4Vt
—
4%
•
500
171/4
■
Packing Corp common..—*
Water
Jan
Jan
8%
1.85
———*
3%
9%
Jan
for Week
Low
*
common
.....
Union
Soundview
2.00
674
8
__
common,———20
Preferred
Calif
8'A
325
2,409
13
Shell
High
Jan
Sales
Range
of Prices
Par
Corp
Aeronautical
South
1.85
1,000
4 Va
11 Va
674
5
Range Since January 1
Low
1.95
4
13
10
Ryan
Shares
High
1.90
;
—20.
Inc____
Byron Jackson Co
1.90
,.10
Anglo Calif National Bank
Assoc
Low
50o
Oil
Warrants
for Week
of Prices
Par
'
:
Aircraft
Richfield
Sales
Range
Sale Price
Week's
„
Last
Sale Price
National
Breweries
Preferred
common——*
25
—
Steel
Car
Corp
.'*
——*
27
27
27 Va,
26
Jan
2774
37%
37%
37%
40
36 %
Jan
39
Jan
46
46
47%
1,336
38
Jan
47%
Feb
43%
43%"
45
554
40
Jan
4574
Feb
25 %
595
22%
Jan
2574
Feb
440
Feb
Ogilvie Flour Mills
Preferred
common
—:
,—_*■'
—^._100
24%
24%
160
160
60
160
Jan
160
Jan
THE COMMERCIAL
Loiu
Ltd
Pen mans
Power
5 ft
preferred
Quebec Power
Lawrence
Twin
Steel
Feo
Feb
Teck
6
Jan
1,052
9
63%
Feb
Jan
15%
Jan
20
92
Feb
92
Hughes Gold Mines Ltd
Cadillac
68c'
Mines
2.20
i
2.20
4.35
1
;
Ltd—
4.35
1.75
Jan
2 Va
13%
35
773
32 Va
Feb
351/2
Jan
18
1,110
17'/a
Jan
18 »/2
Jan
14'/2
25
14
Jan
15
Jan
75
114
Feb
117%
59%
Jan
65
100
66%
Jan
69
90
Feb
156
Oil
Ltd
31c
31c
500
—1
—
25
6V2
Feb
:.v6%
1,030
4'/a
Jan
5
40c
730
30c
12c
100
IOV4C
2%
Jan
3%
♦
OIL Co
Oil
Homestead
Oil
Royalite
Ltd
&
Ltd
Gas
3.10
3.00
4
1
_'
Ltd.,—
Co
260
2%
Feb
37/a
32 %
37
1,326
21
25
40
24
37
K'.
Jan
Feb.
Feb
25
Jan
25
37
Note:
13
Prices
Canadian
■
Jan
1341/2
for
Feb.
13
(Lincoln's
100
151
Birthday)
64
132
Jan
140
Jan
Abitibi
7')•
preferred
&
Gas
.U
^yS/X'T-
yt
Aldermac
Funds
sales
compiled from official
(Lincoln's Birthday)
included
are
Range
Sale Price
in
this
week's
Amm
Anglo
Shares
Power
&
Paper
6%
preferred
7%
cumulative
Aluminium
Brandram-Henderson
Dist
&
British
British
Oil
American
Columbia
Ltd
Co
Low
High
Quebec Mines
Aunor
Gold
Mines
6%
Jan
12 Va
12%
Feb
14%
Jan
Bankfield
Jan
118%
Feb
Bank
of
Montreal———
Jan
9%
Jan
Bank
of
Nova
Feb
Bank
of
Canada
Dominion
&
Power
North
Canadian
pfd,_
50
200
9%
563
,83
40
80
25
8
225
5
8
8
5%
3 9
■
19%
1.595
19
116
:
9%
8
Feb
;
:
■
Feb
Barkers
Feb
Base
Jan
20
Jan
Consol
Bathurst
Mines
Metals
_
Canadian Industries Ltd class
Marconi
Canadian
Canadian
& P
P
B__-
Co
5%
Inv
101 %
Feb
Beattie
Jan
19%
Feb
Beatty
87
20
85
Jan
90
Jan;
Bell Telephone of Canada
108
100
Jan
108
101
15
1.70
1.70
32
3 2 "2
1G2
163
1.35
1.40
2%
,;3V/2
3 x!z
385
*
Ltd——
Canadian
Westinghouse
Commercial
Ltd
Alcohols
Section
Div.
Preferred
Hats
Bobjo
Feb
Bonetal
164
Jan
85 c
A..
Gold
3% Feb
Feb
165
25%
Jan
34
Jan
Brewers
165
39%
Feb
45
Feb
British
American
Cub Aircraft
Bralorne
Mines,
Dominion
Oilcloth
Woollen
70c
Donnacona
26
4Va
5
11%
Jan
British
Columbia
Power
Feb
15c
Feb
British
Dominion
8
Feb
Jan
3%
Jan
Jan
85c
Jan
*
Paper Co Ltd—
4 V4
4
4%
10 Va
10 Va
16
24
3
-
*
9%
Jan
Jan
5%
?
Broulan
Feb
22
234
Feb/"'-,
240
Jan '
40
21
8%c
Jan
152
13%
Jan
Feb:1
Feb'
23
Feb
7,500
A
.
i
'
•
%c 14 %c
29,700
10c
1,100
71c
Brown
•
12V4
Buffalo
-
Jan
4%
Canadian.:
Building
Products
17
Feb
150
Jan
>15// Jan > >
15c
S 45,800
105
6%. Jan
8%
23,900
Jan
10 Vic
y-i
12lie
14c
140%
Jan
9 VaC
■
Jan
1:
8c
9 Vac
19,085
Feb"
16c
Jan
/
Feb
Feb
>■, 14C
7.40 Jan
Feb
9.00 Feb
8.90
9.00
25%
25 %
100
23%
Jar.
25'%
Feb
15%
15%
2,930
14%
Jan
16%
Jan
5%
5 %
185
5%
Feb
5%
4,196
18%
Feb
19%
Feb
Jan
19%
Feb'
1,185
A
:
15%
/
18 Tii
19',7
'
19%
19
19
19
20
18 Va
25 %
«
25 ve
26%
30
23%j Jan
•
1
Feb'
Feb
27
26
26
29
44,200
19%
Jan
30
Feb
51c
50c
55c
13,600
46c
Jan
55c
Jan
10c '
—1
.
10c 10 '/4C
2.000
4%c
Jan
13c
Feb
13
Feb
9%
♦.'
Mines—
12
23,300
434
Jan
1.75
1.75
*
^
2.00
2,700
l.OO
Jan
3%c
Jan
6 %C
Feb
14%
370
14%
Feb
15%
Jan *
9%
100
| 9%
Jan
10
1.43
5c
y-iV-
§
V;. 1.50
v
■
Feb
Feb
9%
■
14%
«
Burlington Steel Co common—
2.00
14%
v
*
Ltd.;
-,
•
Jan
80c
8%
9 %c 10 %c
——
Gold
Jan
>
13c
«
class-A
—
Aukerite
19c
.•/
Jan
7%
7%
■>
Corp- common.——V;;
Debenture
Jan*
13V.C
i;;—
Porcupine Mines, Ltd
Oil
Feb/
14%
Jan
80c
11 Vac
>
1
'
Jan
Jan
Jan
/;•• 4
1,725
26
Jan
Feb
152
246
301
Oil—
Feb
24%
25
26
5 VaC
Jan
Jan
195
•
65c
355
11%
26
Jan
222
17
OiL^_,;
3
150
5
11%
1*
_20
—
4V4C
150
16
145
Distillers-;,—-5
&
8
100
common
Feb
Jan
15c
34
14
,*
6 %
%
Jan
17
Light& Pwr com—*
15c
44
4,348
Co Ltd...
Lino
&
Preferred
1.66
143
Ltd—
Buffalo
Dominion
Feb
5c
Jan
8%C
9,900
■■&*'■■■
9V2C
76c
Cordage preferred;—,—25
Traction
Feb
200
70c
nraziiian
6
8
70c
Jan;
Packers—
15c
3%
4%
Columbia
8
I
Jan 1
British
250
3 V«
—
—
Jan
1.35
9,900
23
9c
13
12 %c
Jan
6
3Vb
♦
Corp Ltd,
2%c
236
14
13'/4c
1
27/«
6
8
Ltd
Corp
Paper
11,600
152
;>
10c
Jan
2
•
Consolidated
Feb
14,077
;
246
14
,
——.1
Mines—
33
225
6
—
-
_
—
Feb
17
Ltd,;.
Mines
3%
•
5
Feb
3.75
27 %c
1.45 Feb
Jan
1.75
2Va
2%
'.j.*,' •'
:
65c
Jan
Feb
5VaC
22%
y 9c
—*
425
■;
15c
■
.
-
-
Cosoiidated
m"
common-
Jan
143
Kirkland Gold-t—;
42
1;:
41
2.50
Preferred
33
33
..
•
Jan
8
Bidgood
Feb
Feb
185
4Vb
4
v
*
Ltd
Co
4
V
-.100
cumulative preferred—
7%
•
—
Feb
1%
100
class A.;;—'
Biltmore
2%
Brantford
Vickers
Canadian
5c
150
245
V/;
1
;
:
Feb
32%
148
Mines
Bros
Jan
27%
325
■
Gold
1.45 Jan
1,280
ti
pfd_
cum
107%
25
1.40
1
102%
'V
20c
13c
234
1
Radium^
Jan
18
"
_
—
Jan
47C
40
5c
246
;•
^,,,'1
87
J-',
1,640
;
1.66
5c
151
100
"
;class
99%
>.■
common-
4c
■!
preferred—50
510
'•
-
Feb
3.25
10c
100
•„
-
Mining
Power
108
•'
125%
Feb
lc
Jan
9%
51.500
63c
■
1.50
V'v
1
;
—
Scotia——
19%
19%
Too
106
101
1,000
22c 27 Vac
1
19'/a
32
Ltd
Breweries
Preferred
—
Feb
•
Jan
8%
>
Feb
,
Jan
Mines,,-.
Bread
5%
19%
Jan
13
'
83
Jan
17%
436
18%
101
pfd__, .100
Cable 6V'a%
Wire &
Canada
Co—
Sugar
7V»
58c
3.25
Toronto.,,-—_—100
12V2
118 118 V2
Bagamac
Bear Exploration &
Can
20C
v>> 84';; Feb1:
513
,
1c
60c
22c
1.56
Jan
18%
•
V;'
>>:
Feb
101 101 Va
lc
•
Feb
81
784
119 121 Vt
,
,
1
5V4
100
pfd„_
Ltd
Calgary Pwr Co
119
—1
Ltd
348
19 V4
*
Packers Ltd—
20
1
5%
51/4
_
>
Feb
112
Jan
8
^
-
Jan
,
Feb
16c
Jan
9c
200
*
—
Gold—:
1.00
Ltd- —5
Vancouver
of
Feb
Jan
37,525
81
3.25
.
Porcupine
5 v2
■
15c
8VV4
81
.1
Jan
9%
common—,; -100
Ltd
Ltd
Mines.
65c
9%
V*'
■■■:
•
Feb
9c
-
440
13c
100
—
1,200
*
'
12%
12V4C
48%
1,900
A;
8%
100
80c
118 V4
0
15c
112
13c
—*
Huronian
Aquarius
Range Since January 1
83
'.
100
preferred
Ltd___—
Corp
14c
8%
*
—
75c
...
100
preferred
6 VI
Power
BeldingrCorticelli
Brewers
"lOO
—
Ltd
Beauharnois
80c/'
common,—
6c
'fl
,
-
—
Anglo Canadian
High
Corp
common
—_
Gold
Astoria
Abitibi
Low
*
v
Jan
Jan
Jan
6
8,500
6%
Jan
range.
for Week
of P rices
Par
'/
41,000
108
High
Low
12%
101 Va
lists
Sales
AVeek's
Last
/
Feb
range.
''
Copper
Steel
Preferred
Aluminium Ltd
Friday
V
Feb
Range Since January 1
5
preferred—,100
v; m
..
Shares
255
14C
Grain
week's
11V2C i2y4c
12c
Consolidated——;—l
Pacific
Pacific
'■*
Algoma
Montreal Curb Market
STOCKS—
: "
for Week
5% '
10
«
>
——
this
in
High
5%
—„ioO
.
,
Oil
Alberta
13
.
Sales
Range
Low
Power & Paper preferred—100
Alberta
v:
Feb.
47ac
Jan
24%
Jan
official sales lists
included
are
of Prices
Par
Acme
for
3.30 Feb
;
AA'eck's
Sale Price
Jan
137 % 138
STOCKS-
Feb
Jan
Prices
Feb
Feb
Exchange
Funds
Last
129
147
Note:
3c
21 Va
50
Feb. 19 both inclusive, compiled from
to
Jan
8
Canadian
1,000
Va c
23 Va V
Feb
40c
12c
2.66 Jan
3,525
4
%C
Toronto Stock
Feb
3'/2
3%
1!) both inclusive,
3.25 *
23 Vs.
—'>•
'
>
54
to Feb.
Jy
Feb
Feb
151
13
Feb
31c
V
Jan
12c
Feb
1,810
6%
4%
132
Feb.
Jan
3.15
\
Feb
40c
0
Co Ltd-,;
Feb
5
3%
6s/a
3'a
———100
25c
—*,
Oil
Feb
154
150
of Canada—
4c
Jan
Feb
156
,
132
Royal Bank
2.60
Feb
145
69
154
150
100
3.15
Feb
65
25
of)——,1—
51,000
4.60 Feb
..
.
Jan
Home
Jan
(Canadian Bank of)—__100
(Bank
Feb
2.35 Feb
3.60 Jan
.
.
East Crest Oil Co Ltd
Dalhousie
Jan
Feb
—
Banks—
Montreal
Jan
76c
Jan
2V/4C
3.15
,-1.00
Friday
Commerce
175
3c
Feb
6.00
44c
•1.90 Jan
200
•;
2c
2c
High
Jan
Jan
Oils—
Calraont
11 Va
3 VSs
——100
3,500
Low
5.10
5
Feb
395
.
*
——
Jan
14
1,285
4%
—
62
69
3%'
76c
—1
Wright Hargreaves Mines Ltd;
85
300
65
.*
75c
Mines, Ltd
Waite Amulet Mines. Ltd—1
117% 117%
154
Consolidated
Wood
17V4
117%
4,800
38c
Feb
141/4
1
40c
Jan
32'%
171/4
_
6.00
40c
7%
ll»/a
34»/a
}
V4
7Va
1.85
1.80
121/4
6.00
—_1
:
10'/a
,
Jan
121/4
1.80
-*
—
preferred
7'/a
750
•
15»/4 S
25
.
Ltd
200
71/2
92
—
Preferred
Zellers
7V2
141/2
preferred——i——100
——
Sullivan
92
14Va
—
•
Corp
"B"
Jan
10Va
Winnipeg Electric class A
Class
48
63 Va
City Rapid Transit common....'
United
Feb
91/2
common
—
Tobacco
431/2
7
Steel Co of Canada common.-.—.-'
Tuckett
89
Range Since January 1
High
1
Siscoe Gold Mines Ltd—
431/a
Shares
Low
Sigma Mines (Quebec) Ltd
Jan
63%
—*
Preferred
Jan
9Va
A———100
;
4'/4
24%
63 Va
A
Preferred
Jan
Feb
71/2
preferred-;———— 5C
St. Lawrence Paper preferred
100
Shawinigan Water & Power—
Sherwin Willams of Canada common..4
Class
4
24
•
—
Corp
85
35
4'/4
.—100
—
Par
High
24
''
preferred—————100
Rolland Paper
St
—
& Co Ltd common
Bros
Price
Canada
of
Corp
"
—
——1
_*
Development——
Placer
Low
Sales
for Week
Range
of Prices
Sale Price
431/2
■-
'''
*.
common-,-—-—
STOCKS—
Range Since January 1
High
4
'
—A
Railways-—,-
Electric
Ottawa
Last
Shares
24
4
l.*
Ottawa Car Aircraft
Week's
Friday
for AVeek
Range
of Prices
Par
Monday, February 22, 1943
Sales
Week's
Friday
Last
Sale Price
STOCKS-
& FINANCIAL CHRONICLE
6c '
10,000
>; Jan. >
'
East
Kootenay Power- 7'k •preferred -100
i'''./v;
.100 i
preferred-
Ltd 7%
Dairies
Eastern
z;v.;20vv':
r.:<3v'
.
10%
10%
Feb
Calgary & Edmonton' Corp Ltd—
Calmont
3%
Jan
Canada
Feb
4%
;,
Feb
22%
Jan
24
Feb
14
5
1,395
•
Jan
:
2%
1
22 v2
■'/■
4
22 Va
1,400
33'b
Jan
21Va
22
717
19%
Jan
22
Feb
Canada
90
12%
Jan
14%
Feb
Canada
Packers
595
12%
Jan
15
Jan
Can
5
65%
Feb
65%
Feb
Canada
275
3%
Jan
5
Jan
Jan
30c
Jan
Canada
Jan
11%
Feb
Canadian
Fleet
Motor
*
Ltd——
Aircraft
Ford
v::
1
4
21
.
—
va
•
Ltd A——
Canada
of
4
1,100
22
100
.
Jan
.
Jan
•
,
Companies,
Lid
common.
■«
:•
■
•'
':■ $
■■;
'
trust
Voting
Freiman
Class
iw
*
1
——
John
-.'V.
&
Pwr
-V--'
14%,
65%
5
Utilities Corp class A
B
St
14%
65%
.
preferred---. .100
Ltd, A J, 6%
International
ciy
-
-
30c
.
25c
30c
900
15c
10
11%
160
10
$
Paper—
V5"?.
4%
rA:' /•'•
<
,
ft
MacLaren
'
.100
Ltd—
ft
Nova
Provincial
Permanent
*
>'■:■••■■■:
-
—
■S:,
Can
6',c
Power
class
United
Fuel
United
Distillers
i6v2
Feb
4%
4%
325
3%
Jan
8414
10
•
-
84% Feb
"i
84%
Feb
6%
;;:il V:
Feb
90%
Feb
Jan
104%
Feb
21
102
510
3%
400
4
4% Jan
Feb
85
1.15 *
Feb
Feb
120
1.15
Feb
46%
Feb
560
4
•i
Jan
7%
205
11
90%
103 104%
*.
6
18%
-
1.05
Jan
Feb
Jan
>94%
94 Va
a-
"
•
*
*
..
.
Breweries
Jan
39 va
Feb
87
25
79V2
Jan
88%
Feb
140
133
9%
124
44
35%
Jan
11
Feb
31V4
Jan
35%
Feb
18
Feb
20
10
3%
3%
225
76%
76%
20
31%
;
>
28
Jan
4
Feb
Jan
1.35
375
390
33
24
Jan
2»/a
66
10
•
1.80 S
1.75
1.75
*
—.
Feb
8Ts
885
;
3%
20
140
Jan
4,805
"11
.
34 %
76%
6
common
Preferred
36 Va
100
.
common
Feb
210
9
B
106
38%
v'V'■
34%
class
Jan
Feb
95
38
*
10% y.
common
Bakeries
Feb
5%
85%
38
''-
-.100
_
32c
Jan
105
10
1.61 Feb
•.
Jan
92.:,
30
:
105'/a 105 Va
«
—*
Wire
Canadian
Feb
98 Jan
6V4
6%
8
85
.,v...
k
;
Jan
46%
:
4»/4
80
Feb
2 Va
Jan
Feb
33
Feb
9
Jan
Feb
Feb
15%
Jan
50
6%
:
ft
Ltd....
5%
246,
1^570
46%
ft
preferred—;
B
of Canada
Feb
13%
Jan
18%V
ft.
pfd. -100
cum
Jan
17%'
v2
11
'.
11
Jan
310
—
Mortgage
Steamship
Preferred
6% Feb
14% Jan
':5h v/98vi'
6:
46
^
'
Ltd commons-
Co
5%
*.
,
Transport Co—:
Grain
Jan
84%
—
"
•
<
Preferred
Southern
25
685
98
-ft
Scotia Light & Pwr Ltd corn-
Reliance
13
15%
98
17%
;v. r
——
Aviation Ltd
Noorduyn
18%
Jan
4%
125
,
13
—
ft
Ltd--
Ol
1,300
,
155k
•
A ;•
/••;
•
_
Co Ltd———
Robert
Corp
5%
21c
28c i
Canada Cycle & Motor preferred- v—100
"
:/:i5%:-
100
pfd—
—>—
Distilleries
Mitchell,
Moore
18%
5%
''
—
preferred
Melchers
17%
V-
,
ft
A
Massey-Harrls Co Ltd b'/o
8r'f
*
Ltd common—*
Milling Co
Preferred
17%
Paper Co_——
&
Power
8,390
4%
94 Va
__
Preferred
Maple Leaf
7,300
31c
4%
V;
Cement common—
Preferred
"
1.15 Jan
1.60
26c
4%
Malting Co Ltd
14%, 14 V2
»'
,-^A
;
—
3
Fanny Farmer Candy Shops Inc.—
Lake
Ltd
Aircraft Limited——— 5.00
Pairchild
Fraser
Oil
4
1.15
Jan.
Feb
Canadian
5%
■
:
,
Canners
Preferred
Canadian
—
Celanese
;•
*
20
common;;—
8V4
29%
30
135
136
29%
*
—100
Preferred
Canadian
General
Can
200
A—~*
4 Vb
Ltd
Co
com
3
3
3r
13%
14J
13 v.
_li—*
Locomotive
Canadian
9V«
Feb
Jan
29 yy:
Feb
30%
Jan
Feb
!
M
27%
Jan
134
>yc> 55
4% >•:-
>:/y;i2.>/y
Feb
.
» > 137
15-'/ Jan
18
Feb
>:
200
133
3%
Feb
Feb
Feb
5
Jan
4%
>;
J«n
3
195
Jan
Jan
1
:
—*
B
/
Jan
27%
>;■'>•/5
200
200
4 Vu
Jan
'7%
'
55 /;
50
Electric———
Alcohol
Indus
Class
270
i7v4*y
17
Dredge & Dock—;;——,,-*
Canadian
185
> 75/>
28%
v:'21/>y Feb
Jan >
10v4
410
"28%
Jan
19
90
12
.
•
25
6 Va
1,215
20%
11%
4
——
Canadian Car & Foundry common
; ;
,v
———20
preferred
8V2
8Va
"
common-—
1st :■ preferred
€ Convertible
2
>y
10
Jan
15
43c
Jan
56c
Feb
15
125
Feb
Jan
16
Jan
Feb
■
'
United Securities Ltd.
Walker-G
preferred—; :i.
Worts $1
&
k-'r
ft
6
6
19%
-
_
"
19%
6
25
19 %
96
Jan
Jan
'./v 6
19%
Jan
Canadian Maiartic Gold——'-
Feb
Canadian Oil ;,i———*
Pacific
Canadian
Mines—
Aldermac
Arao
Canadian
Copper Corp Ltd-
Mines
•
">—2
Gold
1
Brazil Gold & Diamond Mine Corp,
Central
Cadillac
Cochenour
Eldorado
Ltd—
Mines
Consol.
Joliet-Quebec
Gold
Ltd
—
Addison
Madsen Red
:
Mines
.
Ry—
Cariboo
—;
—
25
Gold
Jan
15c
Jan
Carnation
2c
Feb
3c
Feb
Castle
2c
1,000
2c
Feb
2c
Feb
Central
Canada' Loan
48c
500
48c
Feb
52c
Feb
Central
Pat
Jan
Central
Feb'
Chartered
Porcupine Mines——1
Trust & Executor-',,,—100
4c
10,500
4c
Feb
6c
95c
400
95c
Feb
95c
1.00
700
80 c
Jan
1
2%c
-3.55
600
3.15
l%c
2c
2,000
IV2C
./ 2%c
2%c
2 Vic
4,000
-•*
6.00
—1
5
-i,
1.&8
2.00f
471 'r
■.
1.00
47% '
1,48
1.48*
4.90
800
6.20
1.00
79c
300
.
700
.
Gold
&
;
Jan
3.60
Feb
Feb
Chromium
Feb
2%c
Feb
Cochenour
Jan
6.20
Feb
Cookshutt
Jan
1.00
Feb
Commonwealth
Jan
2.06 Feb
48 Va
Feb
&
Willans
Plow
1.02
Gold
Mihes;;l_;_l
17c
Normetal
O'Brien
Ontario
Pandora
Mining
Gold
Corp
Mines
—_*
Ltd——,:
Nickel
Gold
Gold
Mines
Quebec
Gold
Mining
Sherritt-Gordon
see
720.
Feb
1.48 Feb
1.03 Feb
93c
2,200
78c
Jan
70c
200
65c
Jan
72c
Feb
9c
9%c
8 %c
Jan
11 %c
83c i.
1
-
3c
1,500
1.00
1.03
10,100
23%c23%c
85c
Smelting-;—'
Consumers Gas (Toronto),—L_—--100
85c
85c
1,000
2,000
■i
3c
Jan
3c
91 c
Jan
1.04
23 %c
Feb
66Vic
Jan
24c
Cosmos
!
J;,!;
Jan
Davies
Petroleum
Jan
Delnite
Mines
Jan
Denison
1.00 Feb
——I—*
Imperial Mills
Nickel
—
1—
9c
5
.'
95c
93V
———•
19c
—1
—
Mines————1
10%,
126
,
>23
Distillers Corp—Seagrams common——
.
700
-
-
»
•
.
198
127
315
23%^
18c
22c
55c
4Vic
28
,
Feb
lOVic Jan
2.40
75c
.9
.
—
1.13
9c
85
17VaC
Jan
65c
Jan
Feb
Jan
Feb'.
2.65
Jan
Jan
95c
Feb
V4 Jan
9%
Jan
Jan
26 VaC
Feb
Feb
1.05
-
37 Va
123
22 '/a
18,700
10c
900
Jan.
Jan
Jan
Jan
Feb1
11
9% Jan
...
Feb
Feb
Feb
89c
Jan
20c
94c
80
1,132
Jan
79
130
Jan
7 Vic
.
,2,525
11'
43%
55c
4'/4C
27V'4
2,000
.1.05
42%
__
Feb
19,060
:
Fen
70c
1.00
Feb
Feb
Feb
116%
125 :
•
Jan
1.35
Feb
100
9 Va'
19%
/:/
Jan
11,742
99c
A3 '
-126
88c
>
54c
-,500
2.60
:
116%
-5,000
..
191
17C.*.
26e 2GV2C''
26c
1.00 '
11 <i
Jan
6,200
-
.85
;85c
93,/*C-'
-
—;;_L—1
Coniaurum
Mines—-——'—;—;,* '
Consolidated Bakeries ,———~1——*
Consolidated
...
•
.
95c
87H
>11
Jan
;
20
78e
Jan
9,500
3e
1.00
1
Ltd———,1
page
.
Ltd—_1
—
1.48
is
92c
65c
—1.00
Corp
Mines
footnotes
Mines
Ltd—
>/
65c
;
^
Cadallic
Perron
For
Ltd-
>>>/,—-;
..
2:60
r
1
Mining Corp of Canada Ltd—————*
.
-
,2,500
130;
73.4C
—
Petroleum
:
:•
>1.10
.;>79
4
>
Gold; Mines;^l
Smelt;;—,—,;;*
Co
1.00
:
,
V
--
Cliesterville Larder Lake
2%c
65c'
65c
-
Feb
11
19
1,600
■
•••"'
Feb
■:
35
1.35'/
130
j
1-
Chemical Research
Mining
65c
Savings—_100
Mines.—;1'
Feb
1.70 Jan
47%
40
1.18 Jan
Co
Trethewey
7%
50
19 Va
1.24
60 >
4,221
116%- U6%';
preferred—-100
Mines,,;—Li—1
12c
» >;:/■
lit.
11
yy.^s
Quartz Mining Co—— 1
500
16
1,000
7%
> 19%
—"
1,500
14%c
•
1.00
1 %c
15
7.%
7%
Wirebound Boxes class A-—*
B
2c
2c
4c
_—1
Ltd
Feb
95c
—
1
-
3c
3.55
1
_
Mines
Maiartic Goldfields———
Mclntyre-Porcupine
—
*
Gold Mines Ltd
Lake Gold
Feb
/—
:
'
Kerr
2 Vic
4c
1
_
1,000
Class
2c
•
1.00
Ltd
Mines Ltd
Mines
1
"zl
Gold Mines Ltd_
Mines
Feb
——*
48c
'
«
Nickel Mines Ltd
Falconbridge
J.-M.
Gold
Wilans
Gold
—
Mines Ltd
Maiartic Gold
Canadian
20c
3c
14c
Ltd--, —1
Mines
Jan
16,500
i3c
_
Bidgood Kirk Gold Mines Ltd-
11c
13 %c 15 V4C
»
Ltd
Bouscadillac
13 %c
,45c .49 VaC-''.
/
Feb'
43%
Feb'
128
Jan,
23 Va Jan
23e
Feb
■50c
Feb
55c
Feb
5,000
3%c
Jan
4%c
Jan
80
25%
Jan
29
Jan
,
Volume 157
Number 4153
THE COMMERCIAL
Week's
Last
STOCKS—
Sale Price
Dome
Mines
Dominion
Dominion Coal
Dominion
Low
Last
Shares
Low
19 %•
19V4
20
762
18%
151
155
35
142%
Jan
12%
12%
25
11%
Feb
Fabrics
81/2
8%
100
8%
21%
23%
1,085
20%
25
Ltd—____
6
Dominion Foundries & Steel com:-—"
22
Pacalta
Feb
Pacific
12%
Feb
Painour
Feb
8%
Feb
Partanen
Jan
23%
Low
Steel
Stores
Dominion
Dom
Tar
class B—__
Oils
Ltd—,
6%c
Petroleum
Woollens
&
Worsteds
Ltd
Mines
Malartic
Dpquesne. Mining
Crest
9 Vs
9
9%
1,005
8%
Jan
10%
Jan
Perron
8
8%
3,125
5%
Jan
8%
Feb
Pickle-Crow
7
7
11%
5c
1,500
13c
69,968
com—*
Co
3c
Oil
_*
Eastern Malartic Mines—-
—
•10%C
1
,-1.10-
Eastern Steel Corp.—
Eldorado Gold Mines—
Jan
7% Jan
2%
Jan
5%
Jan
Powell
730
8%
Jan
12%
5
%
25
4c
Jan
7c
Jan
Power
4%c Jan
15c
Feb
♦
-
-
1.18
;•
3.55
1.12 Feb
95
'
•
6
Gold
East
Feb
17,500
2c
Jan
4%c Feb
23c
43,506
18c
Jan
1.03
5,850
90c
Jan
1.04 Jan
1,90
3,265
1.69 Jan
1.90 Feb
1.40
Jan
Jan
1.20
1.38
Jan
5%
Feb
2,300
6%
7
20
78c
80c
2,750
5%
5%
5%
90
2.05
2.00
2.18
24,150
23c
23c
23c
1,000
20c
35c
35c
41c
5,931
30c
6
Feb
Quemont
-*
8%C"
8%C
8%c
2,530
6Vac
4%c
2,000
Mines—.
Roche
Prospectors Airways
.
Mining
———.
—
3.65
5,175
3.10
Jan
3.70
Feb
460
21%
Jan
23
Feb
Long Lac Gold Mines__.
Royal Bank of Canada——..
3c
2,500
4%c
Feb
Royalite,
4
'.- .165
4%
Jan
Russell
%
5,350
60c
6%
Queenston Mining
Feb
14
4% Jan
v;y 24
1.40
57c
Ford
of
Co
Canada
Foundation
15
—100
class A___—
14
21%
*
*
Co
Francoeur Gold Mines—
15
21%
2%c Jan
3%
1,837
Jan
,-1
4%c
4c
,100
136
138
1.25
29c
24%
Feb
14%
I'io
16
16
.100
Industries common..,.
Preferred
Feb
22%
General
Steel
Glenora
preferred—____100
Mines
Wares
84
8
8
8%
1%C
_1
God's Lake Mines Ltd
15%
Jan
St
Anthony Gold Mines.
Jan
32c
Feb
St
Lawrence
77
Jan
,265
8
Feb
2C
2c
1,000
15c 21 %C
1
Gate
134
■
71,700
13c 13%c
18c
*
_
Eagle Mines-»^_«.v-ri.^ww-~»i-—1
Golden
82
—*
,
Goldale Mines
Gold
82
1,100
2c
614 c
3c
l%c
8%
165
165
4%C
Feb
2c
_1
Great
2c
Lakes
Paper common vtc——*
Vtc preferred
Gunnar
Gold
Gypsum
.
.
Creek
Hamilton
.
54
885
3%
190
15
15%
115
14%
Feb
16
Jan
17c
6,300
11 %c
Jan
17c
Feb
3%c Jan
134
Hard
305
Feb
4%c
-1/;
.—1
4%c
3.20
;
•
6%c
6%c Feb
62
Jan
74
Jan
Silverwoods
51%
Jan
54
Feb
Gold
Mines
Jan
Gold
Mines
Prefen-ed
3%
3%
5%
5%
3.25
5%
52c
51c
625
.5%
3%
Feb
7c
2.50 Jan
490
56c
'3
5c
24,000
•'
1
Mines
11,240
25%
Feb
25
15
Jan
16
Feb
10
152
Jan
165
Feb
2c
Jan
6c
Jan
60
1.80
Feb
1.80
Feb
1.86
Jan
2.25
26c
%c
26c
16,600
Gold
Mines
,_1
Highwood-Sarcee Oils
•
Oil
4%
3
Jan
5%
Feb
:
49'/2C
3%
f58c
Jan
Honey
Oil
Dew
Howey
Huron
3%c
Jan
9.25
9.40
2,818
8.0O
24
3.40
19,461
2.65
4c
5c
4c
23%
1
18%c
18 %c
3c
6,000
\
23%
Simpson's class
__1
common-.—
17%
90
Jan
18%
Jan
3VaC
3,000
2c
Jan
4c
Feb
98c
750
85c
Jan
1.05 Jan
67c
Jan
17
83c
91c
20,341
1.00
Feb
6.50
6.50
337
Jan
6.50
Feb
*
10
10
20
10
Feb
10
8
8%
75
8
Feb
10
10
Jan
—
83c
A—
12
5.75
Slave
Mines
Lake
Feb
South
End
Southwest
12
19c
5V2C
12
12,
Feb
%
5
31
3%
Jan
5
Feb
96
145
86%
Jan
96
42C
4,525
39c
Jan
45c
Jan
38 %c
39c
4,200
29c
Jan
45c
Jan
2%c
2 Va c
17,100
2 %c
Feb
3 Vac
Jan
4%c
6%c
58,100
3%c Jan
6%c
25c
32c
1,750
25c
Feb
32c
Feb
13
13
25
10
Jan
13
Feb
1.40
:■
40c
,
Gold
Mines—
1
2 '/a c
Petroleum
*
5%c
Petroleum
»
25c
Chemical
Paving
Steel
1.75
895
9
30
7
Jan
9
4%
25
4%
Feb
4"% Jan
*
&
Materials
1.40
com___"
9
Radio
Co
of
4%:
Canada
64%
'
.
.
;
Steep
20c
Jan
Straw
Feb
28 Vi
Jan
Stuart
7%
Jan
12%
Jan
...61%
Feb
157
Jan
28%
12%
.6060
6i%
165
165
1.65
69%
1.61
64%
Mines——
1.70
13
13%
5,111
11%
12
1,085
7
7%
'85
7
Feb
8%
110
8%
Feb
100
28%
Feb
27c
Jan
10 Va
Jan
90
Jan
93
1,315.
15
Lake
Oil
Beach
Gold
Imperial .OU_»,
•';"■
—________13
Imperial Tobacco of Canada ordinary_5
Preferred
11%:
£1
——
Imp Varnish & Colour
Preferred
,
;
8%
common—1"
8%.
28%- 28%-
_____
-Inspiration
Min
International
&
__1
Dcv
Metal
A
common
35c
*
30yac
35c
12
1.75
Feb
Feb
59% Jan
70
65
Feb
70
Jan
17,250
l%c
Jan
1.51
Jan
lc
6,000
12
12
40
1.80
Sudbury Basin Mines
165
1.76
1.99
6,140
—1
3%c
3%C
Sullivan
Feb
—1
72c
72c
78c
1
1.55
1.52
1.65
Cons
Mines
75
Jan
13% Feb
11%
357
95
Jan
Feb
66
119
:
l%c
11%
,
3,400
12
95
12
1.10
12
preferred——
Sudbury Contact Mines
1^
Feb
Jari
l%c Feb
Feb
12
1.78
Jan
Feb
55
Rock Iron
65
69 Va
common
Preferred
Feb
26%
17%c Jan
4,700
:
Preferred
.
Standard
Jan
12%
>
Feb
Feb
40c
94
_i
Standard
Feb
23%
Jan
Mtge__!:____-1_______i00
Erie
8%
93%
3
3%
100
Gold
Jan
Feb
27% •,.26%
—
Jar
98c
98c
—•».'
Jan
Jan
*
______
30c
3c
Sladen-Malartic Mines —__i
y!,. 3.40 Feb
Jan
22
152
Feb
Jan
"
Feb
9.60
Jan
Imperial Bank of Canada———100
.
20c
17%
Jan
17c
Jan
2.92
.
class A
&
10c
9.25
_*
Mines
2,000
17c
2%c Jan
4:.3.10
Bay Mining & Smelting——*
Hunts Ltd
16c
;
4,000
■
_1
!____
Gas
Ltd
Gold
Hudson
&
3%C
•
,
Homestead
3c
__
Hollinger Consolidated Gold Mines____5
Home
7,900
*
Dairies
Standard
Harker
Jan
Jan
3.40 Feb
'
:
155
Jan
21%
"
Gold
%c
142
10,301
17%
Preferred
Carpet
Rock
4
Jan
1
Class B '
5%
5%
__
Bridge
Harding
9%C Jan
1.80
Ltd—
Sherritt-Gordon
3%c Jan
Siscoe
Hallnor Mines
Feb
Jan
2.25
50c
Feb
35
14%c
14%c
*
Halliwell Gold Mines—:
42c
'
—1
Alabastine
&
Feb
Jan
4c
Sheep
3 %c
53%
:—_* \V
Mines
Lime
Feb
2.10
__1
9,000
t
2.18
23c
Feb
72
,
Jan
Feb
1.72
Jan
1.80
Shawinigan Water & Power
Shawkey Gold Mining
Feb
13%
6%c
-
Feb
Feb
6V4
4c
Feb
21 %c
Jan
6c
54
80c
1.80
Senator Rouyn,
3%
50
Jan
2.20
Sigma Mines (Quebec)————1
Preferred
Jan
4
7%
1
common,s
Gold Mines Ltd—.
Feb
Jan
10 %c
Corp
Antonio
72
Mining__^—
Goodyear Tire & Rubber common—*
Jan
Jan
Feb
85
12V2c Jan
6,000
Jan
Feb
Jan
20c
San
Gatineau Power 5%
1.44
65c
58c
432
23
14%
6,600
Jan
Jan
6
83
23%
Oil
19% Jan
B-'~
14%
25c
12
51
22
:
14%
25 c
*
Jan
55c
'
Fleury-Bissell preferred
23c
Jan
4
.
C—
22%
3c '<
3
70c
.1
Dome
12
15
B
3.50
3%
Jan
1.82
Corp of Canada—
Preston
1.30 Jan
Mines of
22%
Aircraft
Feb
57c
1.00
Rouyn Gold Mines
82c
5,160
■
5
6
''
40.250
14
1.00
•
—„_1
Kirkland————1
34c
20 %c
Premier Gold Mining
Pressed Metals of America—.
88C
6
•
Feb
Jan
9,500
«
9c
22c
Feb
14
Falconbridge Nickel Mines—
Fanny Fanner Candy Shop's
Federal
6%
1,148
c
r«
3%c
Jan
2,900
1.00
12%
1.10
\
88c
Eng Elec class B________
Equitable Life Insurance
Fleet
10%
High
*
4%c
1.83
Mines
Pioneer
4%c
1
20 %C
Mines—
Gold
70c
■_"11
Gold
5%
HVa
__
Gold
23,950
34c
66c
67c
8c
31c
»
Ltd-
12
5%
20
—_
Range Since January 1.
Low
6%c
1
Porcupine
8 Va
& Chemical eom_„—_
Preferred
East
__25
——______i.
Shares
High
Feb
20V4
155
Paymaster Cons Mines Ltd—__
Dominion
Dominion
for Week
of Prices
Par
Jan
Sales
Range
Sale Price
High
Jan
151
preferred
STOCKS—
Range Since January 1
High
100
Bank
719
Week's
Friday
•
„
CHRONICLE
for Week
of Prices
Par
FINANCIAL
&
Sales
Range
Friday
Jan
12%
Feb
8%
Feb
Teck-Hughes Gold Mines
28%
Feb
Texas
35c
Jan
Tip- Top
12
Feb
95
1.46
Jan
1,000
3c
65c
Jan
Feb
4c
Jan
78c
Feb
5,000
,
Feb
1.99
Feb
Jan
7%
12
Feb
,
.
Sylvanite Gold Mines, Ltd—
Tamblyn
Ltd
(G)
Canadian
*
common.
Tailors
11'
10%
140
2.19
—1—100
100
500
7 V4
100
common-.
Preferred
100
10%
1,310
1.00
7%
—_____5
2.25
1.00
-1
„
Oil——
1.38 Jan
3,225
1.85
1.60 Feb
■
Jan
11
Jan
2.40
90c
Jan
20
7
Jan
50
100
Feb
Feb
Feb
1.05 Feb
7%
100
Feb
Feb
■
Preferred.
Class
A
___100
preferred
V-V—%
.
100
International Milling
International Nickei
93
93
37%
*
37
20
38%
Feb
Toburn
113%
Feb
Toronto
Elevators
39%
Feb
Toronto
General
Jan,
112%
33
1,455
Jan
Jan
90
5
112% 112%
preferred__.%_100
common-—
Gold
Toronto
:
1
—
—50
preferred
Trusts
Mortgage
70c
!'''
—50
:
4,500
52
130
50
74
^7'':
75c
51%
75 c
,! ''
•
■
-100
.
75
21
68
68
*
Jan
Jan
61c
Jan
Va
75c
Feb
52
Feb
Feb
'*'
.
'
;-
—'
'
w»
86
-
86
'
4'
75
Feb
86
Feb
Jan
71
Feb
37c
Jan
38c
Feb
7
Feb
7
Feb
'
International
Jack
Warte
Petroleum--——_____*
Mining—
Jacola
Mines
J
M
2,510
7%c
7%c
8 %e
9,700
6c
Jan
Feb
Transcontinental
1
c
l%c
500
,1c
Feb
l%c
Feb
Twin
16c
16c
1,200
13c
Jan
16%c
Jan
; 7-
Mines.
—1
Canada
of
Kerr-Addison
Kirkland
19%
--1
—
Consolidated
Kelvinator
18%
.1
Mines
Jason
18%
Gold
Hudson
%
l%c
2,000
12
:"?■•.;/ 60
5.65
6.20
44,330
26c
i
l%c
.12
—
Mines
5.70
17
•'
:
Jan
%c
.10
19%
-
10c
Jan
2c
Jan
4.75
Feb.
26c
600
ly 20c
Jan
1
63c
58c 65 %C
15,450
55c
Jan
1
54c
54c
64c
3,500
48c
Jan
71c
11
11%
10 %
Jan
12
4.05
4.05
165
14
14
i 10
United
Dufault
Lake
Shore
Ltd
Mines
Mines,. Ltd
______LI V'7.'
—.
Lamaque Gold Mines
Lang & Son8
La pa Cadillac
__
.
Laura
Feb
26
;v
Lcbel Oro.Mines—1 ■yLeitch Gold Mines. Ltd
_1
Loblaw
Lac Gold Mines Ltd
class
Groceterias
Class
:
'215
3.65 Jan
14
Ventures, Ltd.
Vermilata
4.20 Feb
Feb
14
Vulcan
Feb
12,200
5c
Jan
9
10%
Li 2c
76c
10 %
y%i76';';-
9%
Jan
10%
Feb
Walkers-Gooderham
2c
2%c
:
1c
Jan
2%c
Feb
,'
74c
79c
24.025
60 %c
Jan
79c
Jan
80C
83c
9,600
80c
Feb
20%
20%
660
20%
Jan
21%
19%
50
18%
Jan
19%
Feb
2.70
2.85
2,265
2.30
Jan
2.92
Jan
/•
.*
80c
A—______—*
r__
,
Lake
Red
Malartic. Gold
Gold
Mines
1.69
•:
Milling
1.75
16,401
1
98%c
94c
1.04
88,360
1
Fields
\
1.85
1.79
2.09
43,650
l%e
l%c
Manitoba & Eastern..-—,—
Maple Leaf
1.66
•
l%c.
5%
*
common
'Preferred
*
V
,•
12
6,500
,
6
2,519
13
5%
12
■
565
—"___1
Mines
Massey-narris
,
McColl Frontenac Oil
♦
100
Exploration
Mclntyre Porcupine Mines——
Red
McKenzie
Lake
Gold
5%
r
.
•
__i
7
1.55
Jan
Western
1.68
1.04
Montreal
Moore
.
Light
Corp
Heat
&
2.09 Feb
%c
Jan
4%
Jan
10
l%c
Feb
6 'A
Preferred
Feb
:
2%c
Jan
3%c
Jan
594
5%
Jan
6V2
14%
Jan
15%
Feb
7%
Feb
&
590
$$ 175
92%
Jan
99%
i4c;
5%c
Jan
11c
48
99c
235
13,700
„
3,000
6
Jan
47
Jan V
83c
49
Jan
2,500
5c
16c
16,500
11c
5
30
4
160
170
4,186
Feb
37c
16,360
26%
635
46
46 Va
420
182
—
■»
V-
16c
■■
Petroleum
National
Nat'I
Sewer
Pipe
—
class
A—
?
5%
Jan
Jan
.
.
182
8
Jan
37c
24 %
Jan
27
—
44 Va
Jan
46%
National
Co——'——
Trust
Feb
182
590
25%
Jan
8c
8c
1.000
7%c
Feb
14%
14%
115
12
Jan
15
46 %
48
1,655
38
Jan
125
100
■
;
137%
—
140
40
35c
.
20c
22c
18,550
4
140
62
3.40 Jan
V
47
4.60 Feb
Jan
50
Feb
19
Jan
20
Feb
lbc
Jan
22c
Jan
3
Jan
;
4% Feb
310
40
Jan
69
117
117
20
117
Feb
117
12%
160
12
Jan
99
45
94
Jan
2%c
3c
5,000
2%
3%
57
Feb
Feb
12Va
Jan
99
Feb
2Vsc Jan
3%c
Feb
1
2%C
.'3
3
24
l4_ioo
36%
32%
37
605
20
Jan
37
Feb
69
70
15
69
Feb
70
Feb
3.05
3.00
3.20
2,905
41
41
2%
—
r—t—
preferred———. —100
(Alex)
Wright-Hargreaves Mines———
342:
2%
Feb
2 %
Jan
3%
3%
2.50 Jan
Feb
Feb
3,25 Feb
Bonds—
■rtlchl 6%
6
Jan
7%
"
35c
500
35c
Toronto Stock
12
Prices
to
for
Feb.
Feb.
19
12
both
inclusive,
26
Feb
45
Feb
Sale Price
included
are
iu
this
Feb
Brett
Trethewev
Feb
Canada
Feb
Canadian
Feb
Mines
of Prices
Coast
<
50c
Feb
Feb
Bud
Shares
Range Since January 1
lc
6%
7
1.40
1,350
1.50
1.50
400
3%
3%
33s
2,107
preferred—100
75
75
37
f
32c
30c
40c
90
90
26%
26%
26 %
:___
Feb
Feb
85c
135
1.30
1
Box
%C
6
1,000
7
—
Copper Company
Consolidated Paper Corp
Paper
Low
High
1.30
Breweries
Marconi
Corrugated
1C
1
—
range.
for Week
Range
Low
lists
week's
Sales
Week's
Last
STOCKS—
,;4.'
compiled from official sales
(Lincoln's Birthday)
Friday
26%
140
,
$4,000
Exchange-Curb Section
Canadian. Funds
Feb.
8c
Jan
Feb
>4:43,44;
Feb
48
—1
Negus Mines
297
3
Preferred
Jan
182
900
46%
462
20
,,
99
100
Jan
'
National Steel Car———
Jan
Feb
"
—.
Jan
7%
*
Feb
15c
36c
Jan
12%
117
Feb
28c
26%
*
Feb
6.00
25c
3,161
50
19%
57
.100
Class B
Feb
180
7%
__
1.28
Jari
9'/2C Jan
1,000
4.45
48%
•
22c
.100
—r~-:
Feb
26 Va
7%
•
common—.
Wiltsey .Coghlan Mines
Winnipeg Electric class A
Jan
-20
—
—
;
3%
20
:
483.i
preferred-
Ltd
*
Feb
7c
V;
25c
common...
Preferred
28,500
,
Feb
Jan
Feb
2%c
.
Jan V
122
25%
'
36c
4.05
4.10
commoi
'
4
26
33c
.
Par
Natl Grocers
Feb
9c
5%
Jan
Jan
99c
1%C Jan
5%c
33 %c
a
12c 13 %C
12C
4.40
6,829
:
Jan
Ve
95c
16,425
;;
4
:
Feb■
14c
4%
100
—
Feb
Feb
Feb >:
2,000
5%c.
•
*
common-
.Class-A
4%
Jan
890
;
1.28
6.00
common-
.
Grocers
(Geo)
preferred
Feb
14
% Jan
99
2 c.
1
Power-
4,400
1,325
37
7
Feb
Jar,
11c
93c
•■••■'■'tv-
Porcupine Mines—
Jan
8c
4%
1.12
■
Ltd_
Worts
Canada. Flour
Note:
Moneta
5%c
: 8c
.
5.30
_il',
Westons
Feb
Jan
70c
1.75
7%
47%
*
Mercury Mills ——^——
Mexican Light & Power common.
Jan
7%
Jan
3%
4%
"j*
1.13
•
Jan
98
93c
*
Mines--.—.—-
Jan
32%
92
1.00 Jan
lie
__
__5
1
1,750
6
15%
7-u.
—
.
15%
99
..
0
Mines—
McLellan ;Gold _Mfncs- ^?-McVittle Graham' MinesiIII:
McWatters
5%
,415%
1 7
common
"-.Preferred
McDougall-Segur
3%c
3%c
:
•
.-20
common
Preferred
6
215
'
Wood
Ivlaralgo
Mines;
-Preferred
■
Madsen
995
,
% c Feb
Western
2.85
MacLeod-Cocicsirutt Gold Mines——_1
Hi
,^1
;
7%c
4.000
'
434
Hi
Ltd
7c
Ltd—__L__y_7_._--.-_l
Mines,
4
5.50
Oils
Oils
•
'
—
10%
B_____i_.—
Macassa
3G
4
70
10
•
7%
35%
35%
:•••.
'*
*
7c
Secord.Candy-7_.i_LL.7___i-3-V
Little Long
434
6%
£50
United Steel
%c Feb
65
19%
Mines
Gold
1,000
7
•
"V—
--25
Waite-Amulet
•
38c
7
'
Canada___
■.
Upper Canada Mines Ltd___.
Lake
I-*
Oils
Jan
*
1
of
Co
B
71
—Ji.
Feb
11
1
Mines
Gas
;'/!■.Class.
71
38c
common-
United Fuel Invest class A
Feb
6.20
A pfd— -100
Resources
City Rapid Transit
Union
Feb
12
Jam
Traders Finance Corp class
Feb
*
Bay
Efirkland Lake Gold Mining
'
Jan
1.20 Jan
3
Jan
High
l%c
7
1.45
Jan
Feb
Feb
1.80 Feb
3%
Jan
70
Jan
75
Feb
29c
Jan
43c
Feb
5
90
Feb
90
Feb
170
2d
Jan
26%
Jan
,
Jan
.
Dalhousie
Nipissing
—5
——
Nordon
Oil
Nonnetai
Northern
North
_____
Mining
Oil
1.11
1.11
300
43
43
45
.1,317
5c
5c
6 Va c
6,500
89c
88c
94c
"l
——
•
Corp- Ltd-
common—.
-
«
1.05
Jan
1.15
Feb
deHavilland
40
Jan
45%
Feb
Dominion
3%c
Jan
8%c
Feb
Foothills Oil
16,300
75c
Jan
24c
Jan
25c
;<■
Canada Mines
Star
1.11
9-
Mines
Noranda Mines
25c
500
1,25-
1.30
1.495
1.00
Jan
1.03 Feb
28c
1.30
Jan
Gold
Okalta
Oils
Omega
Gold
1
Mines
*
—;
Min^s
1
Ontari^--Nie^el^orp
For
footnotes
see
58c
page
720.
8%C
64 %c
71c
56e
62c
5,200
15 Va c
64 Vac
.1
19c
21,000
108,700
8 %c
8%c
9%c
43.060
preferred.—100
_____*
1,445
Stone
*
%
78C
Jan
1.30 Feb
40
8
Feb
9 %
28 %
20
24
Jan
30
Feb
4%C
8,500
2%c
Jan
4%c
Feb
10 %C 10 %c
1,000
IOV2C
Feb
19c
Jan
1.10
& Gas——
Langley's Limited preferred—.^
Selections
68c
Feb
73c
38c
Jan
65c
Feb
Pend
Jan
19c
Feb
Supertest
11 %c
Aircraft
1.10
1.28
3,600
8%
8
8 %
28
3%C
.100
Jan
Feb
'8V2c
Feb
Co_!
Bridge
Humberstone
Oil
O'Brien
Oil
Jan
Jan
Osisko
Lake
Oreille
Temisk
#
Mines
1
Mines___
Ord.
Mining
3VaC
j.
;
;
1
"
1
1.58
1.50
1.70
6,650
20
20
15
6c
8c
6,000
1
05
20
5%c
Jan
Feb
Jar
1,70
25
8c
Feb
Feb
Feb
)
v
THE COMMERCIAL & FINANCIAL
720
CHRONICLE
Monday, February 22, 1943
OVER-THE-COUNTER MARKETS
Quotations
for
lft
Friday Feb.
V
.
Insurance Companies
•ft
Investing Companies
'
Par
Ask
Bid
Par
Par
1
6.59
2.51
2.75
10
18 '/a
2.74
19%
Holding Corp
AAmerex
Series
28.45
1
3.00
'
Scries
11.48
5%
12.55
Series
6%
Series
11.85
Series
S-4_.
Basic
3%
4%
5%
Equitable
13.26
14.63
American of Newark—
11.63
9.50
American
Re-Insurance—
3.75-
American
Reserve—
American
Surety
Loomis
3.30
—
8
22.35
1
12.77
Fund
13.99
1
2.90
3.50
Ltd
Fund
Inv
Canadian
Century Shares Trust
♦
ft...
.
Common
.Preferred
100
—
Mass
Investors
Trust
Corporate Trust Shares.
1
1—1
2.01
Series
AA
'a
:
Series
;
National Investors
National Security Series—
:
ift'ft/ft ft: Preferred stock series—..
4.22
5.75-
5.88 ft;,
26%
x35%
37%
41%
43%
—10'
Pacific
59%
61%
Phoenix.:
76%
.
A8%
common...10
—5
4 %
12.50
89%
93%
100%
Pacific
25
100
preferred..
New England Fund—:;—
ft,-
1
5
ft
Forster Insurance—
&
43%
''ft
--'
ft' ftft ■ftft
10
preferred
A7%
28
16%
ft 18%
&
Marine—10
5
Republic
5
American
5
14%
16 %
31 %
33%
Reinsurahce Corp
Republic
Revere
Fire—...
—10
9 ."
10
27%
-
29
.
5
.
24%
Fire—ft
*
Cumulative Trust Shares
Agriculture
—
96 V\
ft
f >.
4.23
"
—
Aviation
Fund
1
17.00
—_1
18.38
3.20
J-
•
2.50
1.08
^
^
1,19
10
14%
15%
Insur Co of North America
10
73 %
75 %
U S Gua!rantee
20
35%
38%
Westchester Fire—
-ft
:
—
1
17.76
.1
10.48
Equitable Invest Corp (Mass) .9
Equity Corp $3 conv pfd——1
25.39
29
27 3Q
Fund
Balanced
•
•
Fund.i—
Stock
Financial
Industrial Fund,
"Foundation
''■
'ftftft.
Trust
)/
ft.
'
•
'; >
1
Fundamental
17.66
Fundamental Trust Shares A..2
•
3.82
:
General
shares
Series 1955——J.
19Putnam
V
•
—
4.36
shares—
Aviation
6.25
1
bond shares
Selected
Income
Sovereign Investors..
Spencer Trask Fund
*■
8.71
"
6.15
67.56
6.71
v
4.93
5.43
5.42
5.97
—
shares..:
.
:!:'.•■«
shares.
2.74
Equipment shares—
•
Utility
.
j
'
A Series'
D—
——..1
.1
——'
^
Guaranty'
Holding Corp..—.
1
Inc
ASerles B———^
Aviation
Bank
16c :
-
,
'■
■
Class B——
■"
Trusteed
•!•-;'•■!= -'~f;
.———25c
Industry Shares
V V
-
38c
25c
;
68c
:;;!i!
76c
'■!•/'•
United Bond Fund series A—21.61
'
Series
C——
23.62
B——_ —___^•"!r 16.78
Series
28c
:
•
U S El Lt & Pwr Shares A—
vv;
5
16.04
18.35-
6.03"
!
6.59
Maturity-—
IMar 15,
2:26
11.72
Jun
—
13%
7%%
IV»%
1
*•
...
iVafr
1
%
K%
1
%
%%
ft- %*«
VA%
15, 1943——
15, 1943.
Dec 15, 1943
Mar 15,
1944—
Jun
15, 1944
Sep
15j
1944
15, 1944.
1945.
Mar 15,
15, 1945—
12.85
77c
85c
_
1.04
America
Wellington Fund—i.———!
1
Investment
Banking
Corporations
1.15
10
19.50
'"Oftft;
165
United
279
Ask 100.1
100.8
100.12
100.23
100.23
Bid
100
100.7
100.11
100.21
100.21
100.15
100.30
99.27
100.19
14.42
10.10
AFirst
10.34
&
Boston
-,
Co
1
.
98c
Corp
—10
13%
14%
Bid
Ask
-
Bid
1,1943
100.1
100.2
2s
15, 1945
100.3
100.5
1%S
May
•I
tDec
Loan
Banks—
Mar
1,1943
Apr
1, 1943
0.55%
;
••'•'■•'■
■
i
4s
1964-1944:
3%s
3s
1955-1945
Electric 3%s,
t0.65s May 1,
:
1,
7
Aug
Bid
.v.
-
Ask
99.21
99.25
100.11
100.9
:-.
Indebtednessr—ft'
b0.41
•
0,677.-
b0.71
0.68%
b0.74
—
•0.57%.
bO.70
t%S Dee 1,1943—..———
t%s Feb 1, 1944
—
0.37 %.
b0.60
1943
1943
0.71 'A
90%
91%
Public Service of Indiana
3%S
1955-1945
July 15, 1943
100.24
100.6
100.7
Feb
notes
,9,j
ft,
105%
105%
U S Conversion 3s—,
106.12
U S Conversion
107ft
Panama Canal 3s
1,1944
1,
1956-1946
3s May
1,
1956-1946
107ft
1971
105%
107
106%
107%
Bills
for discount at purchase
Feb.
March
100.8
100.22
100.25
0.28%
0.28%
1943—
14, 1943
April 21, 1943„
April 28. 1943—
b0.37
0.28%
May
24,
b0.37
bO.37
—
10,. 1943—
17, 1943
March
1943
31,
1943
0.28%
0.30%
May
12.
May
19,
0.28%
b0.37
—
1943
March
100.6
b0.37
b0.37
1943—
24,
March 3.
——■
Ask
Bid
Ask
Treasury bills—
March
15, 1944
104 ft'
Natural Gas Pipe Line
1956
Wisconsin Pwr & Lgt 3'As,
quoted are
ftv
103%
~
Housing Authority—
105%
Jan.
100.20
3%s,
ft
1972
100.15
'
104
—
S
100.12
Finance Corp—
Apr
108
Bid
July 3, 1943 at lOOVa
'41%
1%%
107'A
7
1972
100%
Ask
Bid
Ask
United States Treasury
Ask
104%
104
105ft
106 ft
3s
•■•••■'
•..
Certificates of
99.29
100.21
100.14
100
2%s 1952
(R H)
1944—
tl%%
100.9
U
1946-1944—
3,
Reconstruction
bO.75
100.5
Federal Land Bank Bonds—
4s
*
99.23
15,f 1946—lVu% '
t%s
105%
Rates
May 16,1943
Jan.
Call
Home
4%
1,095
99.19
1
IMar IS,' 1946
t%s NOV 1, 1943
Bid
Federal Natl Mtge Assn—
Commodity Credit Corp—
2s
1,055
'ftft'ftft Int. Rate
101
105%
3%s, 1971
ft
Empire Gas & Fuel 3%s, 1962—
Cent HI Pub Serv
Obligations Of Governmental Agencies
t%s
ftf 3%
'—.100
15ft 1945—:—*—ft— ! 3A%
Southern
Federal
12
ft 7' "•.-.!':*•
ft'
"
Quotations For Recent Bond Issues
''
73c
Penn
Feb
•"
15.88
Macy
tlVa%
!••'. .'
States
Maturity—
tDec.
100.17
100.12
21.19
_I
Investors Fund C
}.
25
<fc Trust—
17^25'^
ABlair
of
Title Guarantee
■
150
"274 ft.
Int. Rate
7
1943——
Sep
JMar
• ft 2.00
Group shares.:
Group shares....
Co
.—100
53 lA
Ltd—
Insurance Group shares
Investment
1—
'
New York
16%-
39"%
50 'A
53%.
202
80% V 83%
192
.
^
1.32
Incorporated Investors
Independence Trust Shares..
Securities
15 Va
38%
*
40%
51%
100
& Co—
Quotations For U. S. Treasury Notes
! -iu
I5.50
V'-'v'-■
Trusteed; Attler Bank Shs—
3.29
2.98
10c
Common
Institutional
10
(J P)
Morgan
38%
20
.20
Figures after decimal point represent one or more 32d& of at- point
JSept.
Fund
...
•
ASerles A—*5.05
V
Foundation
46 %
7
—100
Fulton
;
1.98
•
-
,■
4.04
»
Income
44 Va '
25
common
Preferred
t
2.01
'
'
4.47
•
•
AHuron
75%
85%
—50
—...
Trustee Stand Oil Shares—
3.68
3.66
shares—
Lawyers
71%
83%
Bank & Trust_2Q
Empire
'M
>■?.
T:;3.03:^v:!!^
3.33
4.05
shares————
shares.
Kings
20
Ask1'
12%
13%
1,185
1,235
23
26
10
100
County
46%
72:59
•
2.15
*
^—1
A Series
4.94
Tobacco
31%
Trustee Stand Invest Shs—
T'-*
5.12
Steel
32
,
.!•!, Par ' Bid "
Irving
320
44%
100
—
Continental Bank & Trust
'
-13.75
6.10
7 :30
Companies
Ask
:•
310
10
Corn Exchange
J_
5.55
1
1,320
30%
—12%
——.
.—17%
Ask
Bid
Par
1,200
Public National—
191
Bid
100
Chemical Bank & Trust—.—10
'
v
National City
ft
New York Trust
Brooklyn
83.83
..
12.92
* *
4.48
RR
• j.-*:/ ft!"
,-v; j-' ■; *■.•v ■>.■ ' ft-r
32%
31
Central Hanover
■
Super Corp of Amer AA
Mining shares
*
!.-i -f
;
First National of N Y
183
Bank of New York
3.55
3.67f'
_1
-l
State St Investment Corp—'
—
—
.
T
.
7.99
"
8.28
4.65
—_
Railroad
2Va
Shares———1
6.28
-
Vw
Petroleum
3.17 ;
• -.>.82.17
6.30
Merchandise shares.
•*.
Investing
ft
Ask
19%
!'!•: 4.48
5.71
:
shares
General
—.;
5.60
T'1
.
7.53
Equipment—.
Food
•-
—ft/"
shares—
Electrical
35%
12.92
4.95
-
4.06
Chemical
33%
—
43c
.
-
12.08
10c
Inc
6.88
r
53%
84%
"
38c
1
Republic Invest Fund-
4.90
487/ft
80%
2.50
Bid
.13.55
5.91
•
5.72
:
4
10
—
ft./
2.32
1 i; 1.93
4
Selected Amer Shares_.4..
Building shares——l
Fire-
Manufacturers
4.45
ftft
31%
30%
Aft
2.37
<;
.—10c
Fund
Inc Shares
Quarterly
22'?n
5.37
shares..
ft
/
Par
27.89
shares
US
4.96
Group Securities—
•
Fidelity & Guaranty Co—2
18%
-100
1
2
1
(Geo)
Fund,
Automobile
6.12
..•*•>
Scudder, Stevens & Clark
Agricultural
5.55
38%
Par
Bankers
1
Capital Corp
General Investors Trust—
Trust
Plymouth Fund Inc
1Q—
4.15
—
Amer
Series 1958———!
V
2
B
-
ft ;■ Series 1953—1.89* ;
■>::
U 8
New York Bank Stocks
4.15
6.07
'- "
Trust ctfsl
Amer Bond
North
Yqq
3.30
;;V" sV
Inc
3.76
5.51ft
<
:
Steel
No
HI
445
435
v,'-.:'
6.96
9.91
■
8.48
1'
A
••
; v.:
6.32
9.01
.
'
—
Railroad equipment.:"
b-dii
■
7.50
Railroad
'
^.....100
-
;t
8.98
10.48
7.92
ft',ftft Series 1956
—10
Shares
Invest
To
•16.56
1.61
4.84
8
A
Fixed Trust Shares
J?
29 V*'
15.39
Fund
Trust
Mutual
First
*
Inc.
Fund Inc
Fidelity
ft
7,
6.32
8.16
6.81
Oils
11,1,5
<
5.74 ft/:
'
Metals
'
A„
Travelers
■7:,"
37%
,61%
8.67
Insurance ..stock—9.53
Machinery
7.20
"
"
■'ft,"
Howard—
&
Eaton
10.59
-—-ft
,
Electrical equipment—.!
Ten
5.00
.25c
Dividend Shares.:.
:_.d
...
Chemical!
-i
D
9.63
v:: 7.88
ft
...
stock..-:
Building supply
Diversified Trustee Shares—
C
5.46
47%
127
...:i
49
30%
Jersey Insurance of N Y
8.78
.
Automobile
Bank
Delaware
7.98
4.95
278
268
..
28%
Fire..
24%
ft 45%
Security-New Haven
10
35%
Springfield Fire & Marine..—25 7' 123
Standard Accident...:
—10.
59%
46
5
25%
22%
10
62%
Marine—
5%
4%
23%
v
Seaboard Surety.——'—10
ft
v 26%
93%
-
(Paul)
St Paul Fire &
>
2
10
(NY).
(Texas)...
-
42 %,
40%
..10
Hartford
6.50
'.ft. ftftftftft/,/ft.;ft::
New York Stocks Inc—
112
88%
.—10
45%
&
Hanover
118
100
shares
B
ACommon
44%
85%
Providence-Washington
11%
Homestead
Crum
42%
—10
29%
.11.76
10.91
ft 96%
—.10
Fire
.Indemnity Co
Home
29
27
5
Northeastern
Northern..
Hartford Steamboiler Inspect-IO
Forster
&
ACrum
33%
ft
79%
;
10%
Globe
,5.22
'
—
24%
17%
28%
Great
"3.81
—
2.50
33%
:_5
:
Glens Falls Fire_.
6.71
.
14"%
River—
31%
•
-
6.09
-ft
__ft—..*
13%
5
Fire
Gibraltar Fire
6.03
.
5
York
North
22 %
.
General Reinsurance Corp..—.5
1.24
5.58
'
44%
Fire
New
'
ft
k
'25%
42%
2
Casualty
Preferred Accident—'
:ft:ftftft ft
Corp——1'
177
,
ft 23"%
31'A
Hampshire Fire—
ftft 15%'
_10
Newark
of
Franklin
1.13
•
•ft/A.ft
8%
7%
172
10
Amsterdam
Brunswick
20%
Fireman's Fd of & Fran new„10
3.17
25o<
ft
Bond series
ft'Income series
2.40 '1.
mod——4———1
Series ACC
voting shares.
8%
60%
20
New
10
Fire Assn of Phila
9.56
7%
58%
.—2
—
Fire
New
8 %
1
10
Federal
10.12
'
.10
Continental Casualty—
8.89
4
10
N Y
Fire
Union
5
York—-...
New
Firemen's
v.;
r.
Fire—..
of
City
9.26
5%
563
:
19.62
2.40 /ftft-ft*Low priced bond series——— ''ft
——;—1
mod—:.
AA
2.01
543
7 %
ftrft/ftftV'
—
^_
100
Boston
Securities—
35
33
1
Accumulative series..
-
3.92
National
79
*18.25
=
Mfrs
&
National Liberty
ft 14%
52% .ft 54%
76
Connecticut General Life—
series B shares—.—*
(Colo)
4.26
2.13
Investment
15%
25
7.97
I
49%
ft 13%
25
4.25
10'
Inc
70%
7 45%
National Fire...
48%-;"'51
__2 %
3.70
-
ftv--
Nation-WIde
142
137
Fund'
2d
Fund
Invest
(Md)
Consol
14%
10
—10
7.24
1
Investors Trust-.
Mass
2,350
1
—1
Commonwealth Invest.—
2'/a
Bankers & Shippers...
•..
10c
67 'A
5
19%
34.40
——
10.13
9.36
com—100 2,250
Securities
33.71
Maryland Fund Inc———10c--
27.50
25.58
1
Fund—
Chemical
Merch
22"%
17%
Baltimore American—
82.90
Manhattan Bond Fund Inc—
Mutual
Christiana
81.24
Fund——10
Sayles Sec
•
4%
...
Assur
New
...ft.,'...ft 6.09
.
5.52
—
.
Camden
24.16
•
:—
3.31
-
15.25
.
Ltd
Fund
Bullock
21%
11.78
jm-
*
ft- :ft/,,ft
•
14.18
Broad Street Invest Co Inc
73%
5
Alliance
American
K-2—_—
Knickerbocker
-—10
Inc——
Fund
70 %
Casualty
Massachusetts Bonding
Maryland
-
.—5
Shares
Industry
33%
10
American
9%
1
.12Va
55%
ft! Merchant Fire
8.67
Loomis Sayles Mut Fund
Boston
53'A
31%
25
—8.63
S-3.
3'A
preferred—
A6%
10
15.01
Ask
8%
.—'._!
Knickerbocker
142
10
-
Life—.
Bid
5
Par
Ask
137
10
7.87
^
S-2
11.02
1
—5
Agricultural J.
1
Bid
17.11
—
1
Nat Investing—
Bankers
ft A Common
26.40
Surety
13.67
B-4—
K-l
2
Investing_10c
Oil Shares—:
Stand
Assoc
Axe-Houghton Fund Inc—
24.07
B-3
Series
Foreign
American
Aetna
15.56
B-2
Series
Series
American Business Shares
31.19
Aetna Casual &
Aetna—
B-l
Series
Affiliated Fund Inc
Ask
Keystone Custodian Funds—
7.16
IV*
Aeronautical Securities
Bid
April
April
7,
5.
—
—-
0.30%
bO.37
bO.37
bO.37
bO.37
0.32%
0.32%
0.32%
b0.37
0.32%
1943—bO.37
b0.37
0.32%
1943
0.32%
1943___—————
104%
Other
Issues
3s
*No
—1946
106%
107 V8
——1947
108%
109'%
——1961
128%
130
sCash
bonds
par
value.
10dd
sale—not included in
are
lot
sales,
range
b Yield
for year.
subject to all Federal taxes.
price,
d Deferred
x-Ex-dividend.
y
delivery,
Ex-rights,
r
Canadian
tin default.
^Quotations not furnished by sponsor or issuer.
f"•
i:
(ft*
f'i ift5 ft-t
market.
tThese
-
"
Volume
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4153
157
72I|
Week
THE COURSE OF BANK CLEARINGS
if
,
;
,•
'1
.
■
,
■
1942
——,
$3,799,145,242
i--—•
391,377,790
Chicago—
.——.L—
West
i
Virginia—Huntington
891,443
—
Virginia—Norfolk
•
6,213,000
6.0
+
276,617,846
+
554,85 i
33.0
3,387,000
2.441,00C
+ 26.0
100,588,618
+ 19.6
42,977,008
1,829,002
91,023,433
40,947,391
+ 16.8
34,480,302
34,702,123
0.6
30,833,050
23,695,76^1
227,235,876
(6 cities)
192,850,630
+17.8
170,694,963
144,286,05',
4,672,000
—
""1,225,506
75,421,54+
.———
—
+ 10.6
193,924,000
.
178,909,000
+
171,501,381
+ 15.2
157,899,746
102,046,778
109,375,639
Baltimore—
$5,967,215,592
1,369,838,742
Ten
cities, five days——
Other cities, five days——
...—
6,878,831
M,—V-
All cities, one day—.—
1,215,318,720
2,139,896
1,202,045,911
—21.9
1,641,440
+ 21.8
1,773,450
1,069,14(1
39,374,276
26,349,000
+ 49.4
15,873,000
19,072,000
35,295,923
_
36,936,880
4.4
26,739,227
23,518,190
•
5,505,353
*
3,653,154
—
1,521,812
+ 50.7
1,460,86',
2,559,927
1,986,585/
207,658
210,199
1.2
210,980
158,06?
78,731,612
58,220,328
+ 35.2
44,754,977
42,190,153
315,393,902
252,715,503
+24.8
194,465,298
179,154,93?
8.3
519,623
3,685,509
1,987,113
Total
(10 cities)—.
———
Seventh Federal Reserve
Grand
+22.1
+19.1
—
District—Chicago—
Lansing—
.
Complete and exact details for the week covered by the foregoing will appear
issue of next week. We cannot furnish them today, in as much as the week
ends. Saturday and the Saturday figures are not available at time of going to press.
has to be estimated.
In the elaborate detailed
statement, however, which we present further below
able to give the final and complete results for the week previous—the week
ended Feb. 13. For that week there was an increase of 17.7%, the aggregate of clear¬
486,914
3,632,129
2,499,394
'
2,782,360
—
2.2
+
,
—10.2
2,367,647
7.1
—15.3
+ 25.9
2,343,816
1.1
6,091,054
26,510,031
Bend—
—
7,121,710
7,043,970
+
25,031,916
24,747,783
+
1.1
1,503,596
11.654,705
5,498,077
1,376,483
+
9.2
12,29L110
374,443
344,399
346,651,987
——U,106,723
370,269,099
1,144,072
Peoria—*——3,954,062
Rockford—.
1,674,226
1,476,893
438,507,743
465,550,799
Wisconsin—Milwaukee
Iowa—Cedar
Des
—
Rapids—
—
Moines—
Sioux City—1—
——
Illinois—Bloomington———
Chicago—
;
—.
Decatur—
we are
;
.—.
—
—-
-
1,734,281
21,521,000
2,315,354
429,90(
3,380,44(
2,100,877
24,410,000
2,913,938
;
—„
2,200,459
20,687,000
—
——
Terre Haute-
:+
our
.
—
Indianapolis
South
V,
446,569
3,712,065
—.
Rapids——;
Indiana—Fort Wayne
cases
2,739,764
"2,000,000
—
Mobile——
+ 12.7
$7,389,933,925
Accordingly, in the above the last day of the week in all
64,800,001'
Mississippi—Vicksburg—
+18.6
1,467,410,867
:
————.
19,930,061
74,400,000
+20.0
$8,804,465,201
—
Total all cities for week
4,969,861
21,430,813
+ 23.4
Louisiana—New'Orleans
7.2
$6,187,888,014
r
5.201,112
+ 24.2
89,800,000
+ 10.5
+
$4,972,569,294
$7,337,054,334
————
+ 27.2
27,756,576
—
Michigan—Ann Arbor_.
Total all cities, five days—
<~r •***
..
Alabama—Birmingham
8.4
5,408,162
34,460,353
110,800,000
;
0.«««~
Florida—Jacksonville-
+ 24.9
124,000,000
197,572,695
174,470,431
———
——
128,019,410
137,100,000
-
——
Pittsburgh—-—
ip
$
645,670
120,258.829
Macon
0.5
—
159,923,627
—____
.
.
—
Cleveland
1.2
1,665,352
District of Columbia—Washington-^
Georgia—Atlanta-,
Augusta—*--,;
+ 15.2
'
Ban Francisco—.—
+
50,341,795
Maryland—Baltimore
Total
880,742
1,945,055
Carolina—Charleston
Nashville
+ 26.9
499,000,000
275,326,168
City.!
1940
63,447,247
Richmond
South
%
$2,994,719,566
339,855,567
529,000,000
Boston
St. Louis-
$
Fifth Federal Reserve District—Richmond
Tennessee—Knoxville.
1943
'
York——————
Kansas
1941
Dec. %
Telegraph
Week Ending Feb. 20—
Philadelphia—
13
Inc. or
$
Sixth Federal Reserve District—Atlanta-
Clearings—Returns by
New
Feb.
1942
$
Bank
clearings this week show an increase compared with a year ago. Prelim¬
inary figures compiled by us, based upon t2legraphic advices from the chief cities of
the country, indicate that for the week ended Saturday, Feb. 20, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will
be 19.1% above those for the corresponding week last year. Our preliminary total
stands at $8,804,465,201 against $7,389,933,925 for the same week in 1942.
At this
center there is a gain for the week ended Friday of 26.9%.
Our comparative sum¬
mary for the week follows:
-
Ended
1943
.
.
4,564,332
5.2
5,872,15(
23,487,96^.
.1,008,77:
3,783,548
8.7
2,051,77(
1,130,396
9,291,177
+ 20.5
1,745,55'
18,282,00('
351,661
—
!+
8,3.73,721
,
3,541,281
305,34<[
6.4
322,566,320
3.3
1,130,210
297,620,90(
1,221,90
4,411,589
—10.4
9,170,275
4,018,2f
2,040,875
—18.0
1,777.752-
1,246,67
1,322,683
+ 11.7
1,411,124
5.8
415,370,476
—
—
$6,994,835,183, against $5,945,497,489
there was an increase of 11.0%, the
gain of 25.4%. We group the cities
which they are located, and from
this it appears that in the New York District (including this city) the totals show
an increase of 24.0%, in the Boston Reserve District of 3.4% and in the Philadelphia
134,400,000
116,800,000
+15.1
90,800,000
Kentucky—Louisville
84,600, OdO
72,861,780
48,252,444
+51.0
45,687.882
39,843,886
Reserve District
Tennessee—Memphis
40,407,475
33,110,894
+22.0
29,746,694
595,000
702,000
—15.2
589,000
22,366,881
617,00®
248,264,255
198,865,338
+24.8
166,823,576
ings for the whole country having amounted to
in the same week in 1942.
Outside of this city
bank clearings at this centre having recorded a
according to the Federal Reserve Districts in
of 5.5%,
In the Cleveland Reserve District the totals register an
imprbvment of 9.6%, in the Richmond Reserve District of 17.8% and in the Atlanta
The Chicago Reserve District suffers a loss of 5.8% but
Reserve District of 24.8%,
the St. Louis Reserve District
gain of 24.8% and the Minneapolis Reserve
are smaller by 2.0% but
ih the Kansas City .Reserve District the totals are larger by 36.4% and in the San
Francisco Reserve District by 26.6%,
District of 9.1%.
enjoys
Springfield—
Total
,
(17 cities)^————.
Eighth Federal Reserve District—St.
Illinois—Quincy_
Total
(4 cities)—.
Ninth Federal Reserve
Minneapolis..
St.
...
Paul
following
furnish
we
;
Week Ended Feb. 13
/
V '
New
$
12
York-
$
1
i
'
+ 24.0
2,834, 437,887
384,436,966
330, 115,386
301,750,759
170, 694,963
144,286,057
5.5
+
9.6
227,235,876
192,850,630
+
17.8.
315,393,902
252,715,503
+
24.8
194, 465,298
465,550,799
5.8
415 ,370,476
375,729,860
166 823,576
147,427,767
198,865,338
—
•
-
+ 24.8'
9.1'
134,890.653
123,688,649
+
10
—
238,076,333
174,605,481
+ 36.4
98, ,484,469
95,150,893
137, ,540,544
6
96,772,642
98,763,179
2.0
73, 399,191
69,266,693
10
362,259,109
286,188,492
+ 26.6
248, 919,210
233,437,929
6,994,835,183
5,945,497,489
"+17.7
5,372,651,680
—
3,466,984,318
3,122,897,581
+ 11.0
2,673,707,269
4,908,555,715
2,382,865,277
448,502,586
328,095,219
+36.7
284,489,083
265,140,516
—;
Francisco
L2th San
—
"
Total
'
-
HI cities
Dutside New York City—.
*
•
•
+*•*'
We
add
now
•
•
week ended Feb. 13 for four years.
••
i
{
-
,
Week
Ended
1942
1943
$
Clearings at—
First Federal Reserve District—Boston—
i
Maine—Bangor
'••••"
•<
j
r•
r
detailed statement showing the figures for each city for the
our
25,447,43'
(2,544,151
772,636
2,653,155
998,520
—10.5
891,323
—11,7
835,888
—j—3,976,529
3,517,736
,+ 13.0
2,742,977
2,363,20! i
' 123,688,649
' +, 9.1
98,484,469
95,150,893
Hastings—*
:
167,988
*.
—a—
—
Lincoln
3,138,008
Omaha—
■
655,248
651,706
Feb.
-
i
Missouri—Kansas
706,7815:
■
719,28',
1941
1940
:$
+ 33.3
+ 32.0
2,325,071
2,987,942
119,427,877
+ 39.4
95,763,162
5,235,284
4,239,451
+ 23.5
2,868,030
0.5
—
620,239
465,054
•
943,569
705,914
683,888
711,606
238,076,333
Texas—Austin
174,605,481
1,899,213
Dallas——'
77,059,046
Fort Worth
10,069,338
78,493,000
10,655,266
,+uV-.
2,397,000
Total
1,900,000
1,043,839
1,098,602
4,217,899
4,717,098
96,772,642
98,763,179
-
Falls
(6 Cities)
+ 33.7
855,316
+36.4
137,540,544
+
4.5
—
1.8
1,682,266
57.785,491
5.5
6,516,592
+ 26.2
2,459,000
5.0
—10.6
981,152
3,974,690
2.0
2,891,13$
85,629,74$
2,662,57$
676,330
3.9
29,728,35t
2,238,48<J>
73,399,191
—
575,88(1
660,65: i
•
•
127,503,70(1
,
1,985,520
-
(.Galveston—
143,26 !
2,880,26
29,243,932
-+24.2
—
(10 cities)
93,33!!
121,572
2,598,133
166,474,417
City__——
St. Joseph..
$
1.5
2,157,340
Louisiana—Shreveport
13
Inc. or
Dec. %
101,056
+ 78.8
4,233,034
2,680,075
Colorado—Colorado Springs^—..
Pueblo
Wichita
+ 27.5
—
5,589,191
—,
Wichita
Total
3,186,100
39,643,592
52,862,123
Kansas—Topeka—
y>,
131,791
168,776
301,790
1
——
Eleventh Federal Reserve District—Dallas—
Canada
'
2,387,68(5
60,873,34
'
Nebraska—Fremont
127,503,706
32 Cities
11th Dallas
2,426,285
64,188,599
24,973,933
Tenth Federal Reserve District—Kansas City—
179,154,937
438,507,743
248,264,255
7
Minneapolis
City
4.9
5.5
+
(7 cities)—134,890,653
Total
2,627,427,643
426, 735,529
+
401,096,988
4
10th Kansas
+
+T1.7
2,778,939. —14.7
.
$
2,939,999,990
479,652,497
Louis——
-
-
Helena———
222,982,505
439,812,870
——
3,126,453
Dakota—Fargo.
2,370,244
Dakota—Aberdeen—893,696
Montana—Billings—;
—787,079
:'v
1940
"-H1
275, 664,141
506,246,114
Atlanta
Jth
1941
3.4
+
17
—
—
Chicago
St.
Inc. or
Dec. %
$
331,519,943
10
Richmond
3th
"
'
1942
.'.
342,673,669
3,644,702,017
10
ith
th
v+:^:
••
7
Philadelphia
Cleveland
30,950,633
—
South
:y::[
6
d
th
ith
f:,
clearings
bank
1943
,
12 cltlea
Boston
d
of
"81,425,045
32,648,428
—
:
Federal Reserve Districts
st
by, Federal Reserve Districts:
summary
+ summary
:
>
a
District?—Minneapolis—
—L„
3,279,071
—!
—90,935,606
Minnesota—Duluth—;
.
North
In the
1?
147,427,70
a
In the Dallas Reserve District the totals
,
■
1.408,99
375,729,860
Louis-
Missouri—St. Louis—
..
—
—
—
—
1,679,41';
54,856,60':
6,200,0
2,174,11:.
l,077,7i:i
-
3,278,79! i
Twelfth Federal Reserve District—San Francisco—
1
Portland
:
3,128,313
286,494,076
905,008
;
Fall River
■
3,641,599
299,689,930
1,024,735
:
Massachusetts—Boston
+
405,619
+ 16.4
2,283,656
2,126,264
4.7
236,239,147
188,814,624
808,266
748,783
395,189
Utah—Salt Lake City.
California—Long Beach
—11.7
441,266
851,645
+
4,038,495
3,607,021
Worcester
2,597,732
2,702,120
10,541,640
4,393.856
14,405,400
13,117,282
13,366,600
469,941
484,188
8.1
—
932,743
Springfield
Lowell
New
.
Bedford
Connecticut—Hartford
New
Haven
I
—
Rhode Island—Providence——
New
Hampshire—Manchester
5,647,449
v
P
417,374
-
<;
Washington—Seattle
9.5
767,429
188,814,624
3,297,230
3,379,783
Pasadena
3.9
2,390,637
1,903,601
San
—19.6
11,550,899
:
—22.2
7.8
+
2.9
—
10,274,305
4,544,904
-4,590,718
12,182,100
j
:
(
9,251,200
"
516,446
*
(12 cities)
331,519,943
342,673,669
3.4
+
6,107,581
1,154,360
2,117,004
43,300,000
Buffalo
,699,442
-
:
49,100,000
*. -••'.r
1,009,628
22.9
28,866,620
+
881,594
> 37,3"9,012
.
+ 18.5
14,328,244
5,180,679
+ 68.6
3,780,930
160,431,000
—19.7
3,380,135
+ 23.2
4,279,547
3.082,643
+ 38.8
138,280,000
2,552,840
907,987
1,064,724
---14.7
3,353,177
2,671,206
+ 25.5
3,037,391
San Jose
Santa Barbara
:. Stockton
^
—
.
A
;
s;
;
3,898,267
1,301,410
1,905,588
'
35,563,01 )
1,033,995
29,610,42 5
14,344,25 1
3,645,70 r
3,375,26 1
140,304,00 >
2,288,95 5
1,404,91 I
1,867,40 >
(10 cities)
Total
362,259,109
1,024,924
—11.8
36,000,000
452,952
8.8
1,089,963
778,868
+ 25.4
2,698,944,411
2,525,690,438
5.7
8.860,991
8,395,972
v
+26.6
248,919,210
233,437,92)
5,945,497,489
+ 17.7
5,372,651,680
3,466,984,318
3,122,897,581
+ 11.0
2,673,707,269
4,908,555,71 5
2,382,865,27 (
34,700,000
657,828
J——
286,188,492
6,994,835,183
cities)——.
1,180,824
—30.7
(111
6,817,163
—45.5
+
806,914
884,577
New York
3,527,850,865
2,812,599,908
Rochester
9,388,744
9,953,715
—
Jamestown
45,062,120
8.2
+ 37.1
197,637,941
Outside New York
7,503,602
Elmira
8,736,052
+ 31.4
+
222,982,505
Second Federal Reserve District—New York—
Binghamton
38,515,898
16,841,882
19,963,956
—
Francisco
Grand
New York—Albany
1,102,717
52,821,544
446,379
275,664,141
53,516,813
1,193,215
+ 12.0
—
70,328,299
Yakima
Total
Total
—'*
Oregon—Portland-.
+
—
Week
1943
Ended
WZ1942
Feb.
Inc.
or
11
1941V
1940
■
Canada—
Dec. %
$
Toronto
124,408,617
Montreal
89,936,211
+ 38.3
$
82,109,415
78,553,772
87,700,27b
78,897,35 )
81.427,443
+ 49.0
5,912,471
—19.7
5,358,406
5,399,363
Winnipeg
28,974,523
29,401,444
+ 25.5
3,835,750
3,121,443
Vancouver
23,931,734
37,335,897
15,565,458
2.5
4,859,854
+ 53.7
478,225
—42.3
473,834
481,575
Ottawa
84,764,961
53,141,890
+ 59.5
14,285,387
37,155,354
13,491,956
275,865
Newark
17,332,396
21,015,821
—17.5
20,898,146
18,138;792
Quebec
4.966.654
4,525,439
+
9.7
4,066,391
4,439,190
Northern New Jersey
25,544,422
25,961,206
—
1.6
28,427,014
22,270,253
Halifax
3,955,419
3,339,603
+ 18.3
2,477,280
Hamilton
5,313,131
5,661,203
—
6.1
2,845,997
4,685,921
Calgary
6,357,626
2.3
5,340,125
4,797,755"
4,745,035
Syracuse
Connecticut—Stamford
6,100,372
Jersey—Montclalr
New
Total
(12 cities)
3,644,702,017
*-
2,939,999,990
+ 24.0
2,834,437,887
;
2,627,427,643
Lancaster
—
-
6,213,938
+
1,845,265
+ 52.4
1,772,236
1,593,039
2,314,493
+
9.2
1,576,594
1,567,116
+ 14.2
2,410,868
2,414,846
5,149,319
+ 18.9
3,956,983
3,910,353
372.441
671,431
+ 24.5
3,321,045
3,537,47p
2,463,710
ii?
249,776
499,166
207,31&
1.787.655
574,875
1,416,315
+ 26.2
1,199,718
1,013,6216
597,397
—
3.8
533,183
457,192
Scranton
York
487,614
384,413
Edmonton
—28.1
1,149,708
521,044
Regina—
4,866,812
397,867
402,675
1.2
442,851
380,411
Brandon—-.
—12.0
1,297,063
1,124,148
6.0
412,000,000
374,000,000
—
1,609,040
466,000,000
1,044,532
2,095,259
.—
Wilkes-Barre
New
1.9
1,385,226
1,416,483
—;
Reading—
419,395
2,643,529
6,120,746
494,000,000
————
Philadelphia
1,286,809
—18.8,
i,442.877
1,447,998
Moose Jaw
2,703,901
—22.5
2,208,572
2,227,127
Brantford
996,957
+10.3
979,802
749,286
3.6
1,388,442
5,338,600
1,166,439
0.2
2,436,100
5.5
426,735,529
384,436,966
+
—
Jersey—'Trenton—————
1,534,194
—
3,306,100
3,314,300
—
506,246,114
—
1,099,503
1,479,470
.
-
479,652,49?
Lethbridge———„
Saskatoon——
(10 cities)
+
Ohio—Canton
2,567,291
82,887,333
141,551,620
11,450,600
Cleveland
Columbus—
*
—
_
Mansfield
.
Youngstown—
(7 Cities)
12,190,500
1,644,123
2,987,731
2,646,290
2,452,182
1,926,826
+
7.0
63,296,504
59,908,230
+
4.9
114,407,344
11,601,400
1,794,117
100,721,776
—
6.1
+ 14.8
+ 12.9
2,355,720
9,834,200
1,719,214
196,480,872
Pennsylvania—Pittsburgh
Total
134,944,915
I 1,887,423
Cincinnati
—11.4
—
.
169,292,113
+
16.1
134,218,119
2,821,265
124,819,248
439,812,870
401,096,988
+
9.6
330,115,386
301,750,759
404.01A
900,044
+
4.0
808,448
728,102
971,211
+ 10.7
668,287
New Westminster-
698,557
821,312
—14.9
678,597
633,564
652,040
Medicine
397,372
299,304
+ 32.8
696,496
666,599
+
4.5
229,203
475,132
481,56V
1,030,763
711,310
+ 44.9
598,794
732,416
Hat——..
Eherbrooke-
990,739
1,085,050
3,441,816
3,375,845
500,983
437.442
Moncton
953,310
886,222
Kingston—
764,291
701,695
719,866
623,614
Windsor
2,898,397
77,480,650
612,780
935,954
Kitchener
Fourth Federal Reserve District—Cleveland-
378,276
1,633,63b
1,075,339
Fort William
Peterborough
Total
4,660,643
1,739,602
995,369
—
—
15,702,87$)
2,812,000
John
411,531
_
Chester—
+
London
District—Philadelphia—
Pennsylvania—Altoona——
Bethlehem—.
:
38,273,801
Victoria
St.
Third Federal Reserve
121,280,332
—.
Prince Albert
158.903
8.7
875,290
895,870
2.0
3,004,712
2,306,724
+ 14.5
339,368
255,217
—
+
+
7.6
757,791
657,307
+
6.2
523,460
444,638
+ 12.6
502.904
Sarnia
592,402
348,353
+ 70.1
567,751
385,551
Sudbury—
934,319
1,231,912
—24.2
1,040,245
1,127,365
448,502,586
328,095,219
+36.7
284,489,083
265,140,516
Chatham
Total
(32 cities).
♦Estimated..
296,394
THE COMMERCIAL
722
total
was
This
issue.
on
debentures
bond
and
issues
702,347
the
since
March, 1941.
of three series
composed
each:
OF
in 1953, and
1942 figures will undoubtedly be necessary from
particularly as additional private financing
$30,000,000
f
82,846,364
155,766,490
52,928,677
275,687,665
328,616,342
18,900,500
75,609,375
46,549,770
227,012,100
273,561,870
39,209,300
118,294,420
86,634,370
115,287,655
201,922,025
140,956,164
349,670,285
186,112,817
617.987,420
804,100,237
97,114,003
18,527,000
115,641,003
39,469,665
103,84.1,600
5,806,500
109,648,100
63,874,177
107,180,735
197,102,123
146,650,400
260,976,300
76,827,430
61,685,570
138,513,000
90,916,785
113,390,374
204,307,159
86,019,070
363,802,103
194,260,627
417,673,232
611,933.859
V
Six
277,783,033
quarter
-
226,975,234
713,472,388
27,509,976
32,719,350
60,229,326
47,069,170
58,600,000
f 64,618,000
327,402,743
74,427,157
30,436,500
58,882,086
34,264,713
161,391,300
133,697,550
401,829,900
195,656,013
114,555,562
September--
6,018,000
28,445,586
July_—_.—
August
:
•
months—
69,173,850
183,729,412
408,736,626
322,446,837
Offered by
86,628,380
897,201,800_<
296,149,084
/
December
2,434,300
43,845,700
46,280,000
103,661,200
-97,050,220
13,530,876
18,209,876
89,427,250
42,384,100
64,828,990
75,450.000
80,002,863
59,061,554
122,205,566
139,939,876
273,091,313
198,495,874
<fc
L
Sc
i
..
;•
:
'
Co.,
&
•
';
'v?v
Treasury
confined to
were
the
;.\t
Security
Dated
weekly Treasury Bill
offerings, the sale of United States Savings
Bonds, De¬
Co.,
positary Bonds and Tax Anticipation bonds.
The Treas¬
$.
bills
702,344,000
504,529,000
1,259,291,921
Jan
27
91
day Treas.
Jan
1
U.
S.
1, the opera¬
Jan
Depositary
Jan
Tax
these certificates were dated Feb.
The
tabulation.
000,000 each in December to $600,000,000, were
the third
in
raised
January offering
Bonds-
•
;
7,265,000
Notes
Ohio
January——^
bills
maturing
than
more
the
Total
for
4,324,555,996
further
maturity.
this
In
way
the
$794,490,000#of new capital in January.
Savings Bonds sales in January were higher than
War
aggregating
December,
bonds
yielded
$1,259,291,921.
Depositary
and Tax Anticipation
$7,265,000
Notes
$452,893,075.
The net results of these
operations
was
that the Treas¬
raised $2,513,944,996 in additional capital in January
$1,810,611,000 in Treasury bills matured
as
and were
paid out of the total of $4,324,555,996 raised during the
we
1,810,611,000
STATES
UNITED
Amount
Offered
Due
Dated
.
Applied for
Dec
31
Jan
6
Jan
8
Jan
13
91 days
1,242,588,000
1,228,004,000
American
Price
21,050,000
152,220,000
38,870,000
&
' 218,540,000
179,670,000
January
notes; certificates
sold to Adjusted Service Certificates Fund and Unemployed Trust Fund,
and notes to Federal Old Age and Survivors Insurance Trust Account,Civil
Service
Retirement
Fund,
Foreign
Service
Retirement Fund,
Canal Zone Retirement Fund, Alaska Railroad Retirement Fund. Postal
Savings System, Government Life Insurance Fund, National Service
Life
Insurance
Fund, Federal Deposit Insurance Corporation,
and
;
Savings & Loan Insurance Corporation.
&
Noyes
600,104,000
601,142,000
99.908
*0.363
Jan
20
91 days
1,306,648,000
701,511,000
99.907
*0.366
27
91 days
1,016,768,000
702,344,000
99.906
Jan
1-30 Jan
1
10-12 yrs
1,259,291,921
1,259,291,921
Jan
1-30 Jan
12 years
Jan
1-30 Jan
2 years
a
Below
we
7,265,000
7,265,000 100
2
452,898,075
452,898,075 100
January, including
brought out in that month.
every
B,
about
0.48%
and
series
C,
about
1.07%.
Curtis,
&
Phelps,
Inc.,
Inc.,
H.(
Par-;
Fenn
&
Stroud
Co.,
&
Inc.,
Co.,, Tucker,
G. H. Walker
Weeden & Co.r Wells-
Securities
Trask
8c
Corp.,
Bonds
and
Notes
$10).
Line
Co.
banks,
$8,500,000
(no
Hemphill,,
12,000
shares of
share.
per
com-?
Offered
by
Co.
shares of common- stock
share.
Originated with Smith,
a
^
of common stock (no par).
Originated with Spencer Trask
shares
$21(4
Co.
&
5.200
Co.
..
...
•:
....
shares
share:
per
Tire
&
■;
Corp.
(par
„
10,000
Hornblower
and
(par
Gude,
with
Offered by Mellon Securities
,
.
Price, $28 per share.
Co.
Originated
12,100 shares of capital stock
_
Si
stock
common
;
,
Rubber
of
v
Price, $13% per share.
stock
Maturing
(no
Merrill
Later
shares
of
.
capital
,
stock
Publishing
par).
Lynch,
~
Originated with Hemphill,
Weeks.
&
Co.
TO,430
$10'4
Price,
Pierce,
per
Fenner
'ccimmon
shares ' of
share.
Originated
with
& Beane.
138,981 Master Electric Co. 1,650 shares of common stock (par $l),t
Price, $23% per share.
Originated with Riter & Co.
(G.
C.)
(no
due
int.
par).
Murphy
Co.
$62.50
&
Price,
Securities
4.35%
July
1948-1952;
f2,439,132 Texas
1,
Price,
$1,500,000
Corp.
<
*
68,500 Trico
par).
$5,215,128
„
"Indicates
A,
-
due
to
Co.
$43
56,724
Products
per
shares of common stock
share. -Offered by Mellon
Detroit RR.
&
April
1,
maturity.
per
1,550
:
1977.
Offered
1st & ref.
Priced
by
R.
at
W.
4%% bonds
market to yield
Pressprich & Co.
shares of capital stock
(par $25).
Originated with Shields & Co.
share.
Corp.
2,000
shares
Price, $34(4 per share.
of
common
stock
"
issues
(no
Offered by Wertheim & Co.
„
placed privately,
flndicates special offerings.
•
*1,000,000 Signode Steel Strapping Co. 3% and 3%% serial deben¬
tures, due July 1, 1943-1953. Purpose, retire bank loans.
Placed
$33
&
..
Noyes
1943-1947;
4%
debentures, due 1953-1956).
Purpose, refund debentures
($5,702,000); pay bank loans ($1,000,000); working capital,
i$798,000). Sold privately to First National Bank (New
York), New York Trust Co., Bankers Trust Co.; AetnaLife Insurance Co., Travelers Insurance Co. and Atlantic
Coast
with
21,288
share.
per
Works
Allen
$14%
15,000
f 105,603 McGraw-Hill
96,875
due
Originated
Price,
and
200,000 Pennsylvania, Ohio
debentures,
debentures, due
■
"
MANUFACTURING
2Ve %
Loom
par).
Co.
Sugar
(par $5).
*$7,500,000 International Minerals & Chemical Corp. serial debentures
4%
Knowles
(no
Price,
series
($3,000,000
Co.
&
share.
per
160,325 Kendall Refining Co.
Sold privately.
$3,000,000
;
' >-
&
$27
$20).
.
(Issues
*
"
14,200 shares of common stock
Co.
Co.
Winmill
Capital Flotations During
OTHER INDUSTRIAL AND
4,324,555;996
are
Co.,
Spencer
$14(4
Co.
&
Price,
&
issue of any kind
*$1,000,000 Jamestown Telephone ,Corp. 3%
1st mtge. bonds,
Sept. -1, 1967.
Purpose, refunding. Price, 97Va and
on a
maturity,
Moore, t
^
PUBLIC UTILITIES
of which
12-year
&
Blodget,
Shields
(par $1).
Price,
Barney & Co.
f405,000 Deere
280,000 Lee
b
sold at 100, and bear 2Vy2% Interest,
b Comprised of six separate issues, designated Treasury notes of tax
series A-1943, tax series B-1943, series A-1944,
series B-1944, series
A-1945 and series C-1945.
Series A earn about 1.92'%
a year,
series
a
and
1,311,337, Davison Chemical Corp.
.
give complete-details of the capital flota¬
tions during
a
bank discount basis, a Comprised of three sepa¬
series E have 10-year maturity, are sold on a
discount basis at 75, and yield 2.90%; series F have a 12-year matur¬
ity, are sold on a discount basis, at 74, and yield 2.53%: and series G
have
Jackson
Webber,
Union
and
&
Hanrahan
*0.370
series,
Fenner
Co.,
Moseley., .& -Co.,» Maynard
S.
Perry
Co.
stock
mon
Than Five Years)
Jan
•Average rate
Milwaukee
Co.,
&
Pieroe,
Representing New Financing
Co.
fl07,800 Fajardo
*0.357
15
rate
Carl
.
Lynch,
Corp.,
Co.,
Price,
par).
Yield
99.910
22
January-—^
&
1200,575 Cluett, Peabody &
♦Comprises sales of special series certificates and
Long-Term
Jan
for
F.
:
Merrill
Turben
Webster
396,000 Crompton
Total
3943
Jan
Total
Co..
&
Corpr;
Arthur
&
Weld
:
66,320,000
131,170,000
Notes
17,820,000
January, 1943
Amount
Accepted
Co.,
Corp.,
Jaffray
Issues Not
v.-
48,500,000
Certificates
$
91 days
Higginson
-t$4Q5,000 Canadian Pacific Ry. 60,000 shares-of common Stock (par
$25).
Price, $63/4
per
share.
Originated
with White,
Net Issued
Retired
Issued
1943
Details of New
TREASURY FINANCING DURING
Lee
&
Co., Watling, Lerchen & Co.,
Dickey Co., Wertheim & Co., White, Weld & Co., Whiting,
Stubbs, Inc., Wisconsin Co., Dean Witter & Co.,
wood, Struthers & Co. and Yarnell & Co.
2,513,944,996
outline the Treas¬
ury's financing activities for 1943.
Date
Kirkpatrick-Pettis
Co.,
& Hopwood, R. W. Pressprich 6i Co.,
Co., Reynolds & Co., Riter &*. Co., E. H.
&
Sons,'Inc., L."F. • Rothschild & Co», Salomon".
Hutzler, Gordon Saunder Co., Schoellkopf, Hutton
&
Corp.
follow,
Co.
Weeks &
month.
In the tabulations which
Son,
&
Swiss
:
January—
Federal
ury
-
FINANCING
♦INTRA-GOVERNMENT
to $700,000,000 as
the same day were $100,000,000
previous
Treasury raised
in
on
&
452,898,075
$
-"the
&
Co.,
&
Co.,'Paine,
Co.,
Anthony
7,265,000
!
Co.,'Illinois
Laird, Bissell it Meeds, W. C. Langley
Lynch,
Stone
r,
,
197,815,000
452,898,075
Antic'n
Peabody
Merrill,
&
.i-v-v--'-
1,259.291,921
Hilliard
&
$90,000,000
increased from $500,-
bill offerings which were
196,439,000
Savings Bds
%%
as
200,704,000
bills
1944,
tion will be included in our February
400,438,000
505,072,000
day Treas.
Department did make an offering of 1 year
but
601,142,000
day Treas. bills
91
Treasury Certificates of Indebtedness of Series A,
ury
$:
701,511.000
91
20
Jan
B.
& Pomeroy, Inc., Schwabach'er & Co., Scott Sc. Stringfellow, ;Chas. W. Scranton & Co., Shields & Co., Singer,t
.'.'VDeane & Scribner, Starkweather & Co., Stein Bros, &
-•
:
Boyce, 'Stern Bros.
Co., ' Stillman, Maynard <fe Co.,'>
199,532,000
13
Jan
Co.,
;
Indebtedness
'Vt
day Treas. bills
6
Stone
Hayden,
<fc
Hutton
-
Kalinan & Co., Inc., Kean,
McCormick & Co., A. M. Kidder
Freres
Hutchinson
Piper,
Bros.
400.572,000
600,104,000
91
Jan
E.
Co.,
Kebbon,
& Co.,
&
Rollinst
Refunding
Sachs
J. J.
& Co.,
&
Securities
Beane,
Putnam
New
Accepted
&
Murch & Co., W. H. Newbold's Son & Co., Newton, Abbe
--
USE OF FUNDS
Total Amount
Noyes
Janney
Lazard
Co.,
Type of
Goldman,
Co.;
&
Miller
Hayden,
Kidder,
Co.,
rish
financing operations of the United States
Pont
M. Loeb, Rhoades & Co., Mackubin, Legg & Co., Laurence
Marks & Co., Mason-Hagan, Inc., A. E. Masten &
Co.,- McDonald-Coolidge & Co., McLeod, Young, Weir, Inc.,
;
Treasury Financing in January
du
.
Forgan
Weeks, "W.
Co.,
Mellon
,
The January
Co.,
&
Kuhn, Loeb
,
&
"Revised. '
I.
Folger;' Nolan & Co., Robert
Corp.,
Glore,
Hemphill,
Chicago,
&
'
V ;
2,618,804,746
418,354,650 1,037,141,676 .1,062,201,383 1,556,603,363
Co.,-Francis
&
-v
6ons,
&
Co.,
of
471,587,187
618,787,026
months
Drexel
Co.
&
Leonard
Twelve
Inc.,
Michigan
Taylor<<te
j.
quarter
Price, 98% and
The First Boston
B.
Dominick,
Shepard
139,064,417
17,734,310
F.
McMaster,
Fourth
refunding.
Purpose,
Morgan, Stanley & Co.;
&
Co.,
Hornblower
200,711,420
131,811,350
10,621,010
———
and
100'/a
& Co., Graham, Parsons & Co., Green, Ellis & Anderson,
Hallgarten 8c Co., Harris, Hall & Co.
(Inc.), Hawley;
.
789,110,070 1,358,107,489 2,147,217,559
4,679,000
——
&
Garrett
,• v
■
.
;
November
Price,
refunding.
Purpose,
below).
1958.
Gundy
First of
.
;
-IOctober—^
15,
Richards
:
731,183,463
601,052,716
-i.
Price,
Co., Eastman, Dillon, & -Co., Elkins, Morris & Co., Equita--
/,
Nine
1953.
Jan,
&
quarter
2(4%
5-year
refunding.
4 ;
K\;u
Pie Securities Corp., Estabrook & Co.,* Fahey, Clark &
-Co., Farwell, Chapman & Co., Ferris & Hardgrove, Field,
t
Third
Purpose,
1948.:
Co., Dominion Securities Corp., A. E.
A. C. Allyn & Co., Inc., Almstedt
Ashplant & Co., Auchincloss, Parker &
Redpath, Bacon, Whipple & Co., Baker, Watts & Co.,
Baker, Weeks & Harden, Bear, Stearns & Co., A. G. Becker
&
Co.; Inc., Biddle, Whelen & Co., Blair '& Co., Inc.,
Blair, Bonner & Co., Blyth & Co., Inc., Bodell & Co., Inc.,
Boettcher & Co., Bosworth,
Chanute, LoughrWge & Co.,:
Alex. Brown & Sons, Burns, Potter & Co., Butcher &
Sherrerd, Central Republic Co. (Inc.), E. W. Clark & Co.;
Clark, Dodge & Co., Coffin & Burr, Inc., Curtis, House
& Co., J. M. Dain & Co.,
Paul H. Davis & Co., R. L.
Day & Co., Dick & Merle-Smith, Dillon, Read & Co., Domi-
"
380.373,444 1,035,660,652 1,416,034,096
486,497,154
months
Canada
of
Dominion
15,
Offered—isee
nick
Second
the
Offered—(see below).
15,
Ames &
Brothers,
i
"
Jan.
Wood,
iY' S
s
June—.
,
_
Corp., Smith, Barney & Co., Harriman, Ripley & Co., Inc.;
72,920,126
-L
of
int.
$'
$
208,714,121
.4.--
consolidated
1943.
Pur-
30,000,000;Government of the Dominion of Canada 10-year 3% bonds,
Total
Refunding
$
56,708,875
April_„_
1,
Governments-
Jan,
due
due
Capital
$
quarter
0.85%
Nov.
due
Offered by Charles F. Dunn,
York.
New
;v.100. and int.
-*1941New
Total
Refunding
Capital
79,085,120
First
1943,
1,
Price, par.
Government
int.
$
March
agent.
Feb.
Agency Issues
Banks
Credit
30,000,000 Government of the Dominion of Canada 15-year 3 % bonds,
10,315,000
7,517,000
2,798,000
January
dated
Foreign
MONTHS 1943, 1942 AND 1941
$
February
Government
refunding.
Pose,
■!"
$
$
$
t'-
due
—*1942—
New
Total
debentures,
tabulation of figures since Jan¬
brought to light in annual reports and other places.
is
CORPORATE FIGURES BY
Refunding
Capital
and
Intermediate
bonds,
of the
time to time,
-1943New
■.
corporate financing as revised to date. Further revisions
totaled $90,000,000, and
SUMMARY
a
Loan
$26,805,000 Federal
v
liscal
A syndicate of 134 mem¬
3s, due in 1958.
present
Farm
for refunding
was
; ■'
1941, showing the different monthly amounts of
uary,
of bonds of $30,000,000
2V2s, due in 1948, one as 3s, due
one as
the third as
I,-,''
..
Below we
The Canadian issue for the Govern¬
ment of the Dominion of Canada
was
purposes.
and $45,428,000
money
new
Co.
$815,000
Of the January total, $3,872,182
recorded.
was
for
was
month witnessed
flotation of the largest Canadian loan since 1930 and
first foreign loan marketed in the United States
On the other hand, the
ing $815,000.
the
3, 3'/a %)
refunding.
Ziegler &
month since March, 1942 when $59,-
in amount for any
$9,500,religious issues total¬
of Mary, Chicago, 111. 1st ref. mtge,
serial bonds, due July 15, • 1943-1955,
Price, 100.25-101.
Offered by B. C.
Company
(2l/a, 2%,
the total for the month reached $49,300,182, the largest
$10,315,000 consisting of
placed privately aggregating
mentioned above two
as
600,000 The LitUe
and
Purpose,
The total for the month was
000
Abbey, Canton City,
■
of revival
signs
ETC.
of the State of Colorado, IIoIy Cross,
Colo. 1st mtge, 3"Jo serial bonds, dueMarch 1, 1945-1958. • Purpose, refunding.
Price, lOOVa-lOl.
Offered by Baum, Bernheimer Co. and Soden &Co.
$215,000 Benedictine Society
■
,
market showed
BUILDINGS,
LAND,
disposed of the
biggest block of bonds sold since
marketed.'
were
municipal
The
gious issues.
three
the
was
April, 1942, when $100,000,000 of American Tobacco Co.
exception of two small reli¬
publicly offered with the
headed by Morgan Stanley & Co.
bers
financing during the month of January,
a diminutive scale.
It was the smallest
of any month since January, 1935, when $7,726,000
recorded.
Not a single bond or stock issue was
Corporate
was
Monday, February 22, 1943'
Capital Flotations In the United States During the Month of January
The
1943,
8c FINANCIAL CHRONICLE
privately with an insurance company
through Harris, Hall & Co. (Inc.).
and
two
In the
compare
comprehensive table
sponding period in the four
ing
a
on
the following page we
the January figures with those for the
five-year comparison.
years
-
corre¬
preceding, thus afford¬
,
H
<
o
X
m
o
o
w
w
o
>
&
r
X
>
X
o
>
n
X
X
o
X
o
r
2J
3
e
CO
On
cr
Crt
O0
►n
7.50, 0 7,60 0 27133212",
16,32 20, 0 137,960 103,82 13 27,531 20
Refundig 5,20,0 5,0 ,0 10086,3
10,386 0 19,250 27,12356 56,74865
Total
$
$
-193
~
Capitl
2,30 CO 2,60,0 1,026,032
s
New
12,980 37,846^05 13,6750
Total
$
Capitl
•
—1941
19,548 6 2,83750 13,6750
50 ,0 250, 0
3,80 0 1,486,0
7,50 , 0 5,0 ,0
f—(
10 ,0 0
462,3 2 750, 0
10 ,0
50 .0 2.750, 0
16,32 3
186,30
850, 0
2~50,6O6
10,386 0
276,032 750, 0
2,50,0 2,60,0
1,2 ,32 5.0 .0 1,470, 0 10 .0 0 4,26 ,3 2 7a0. 0 1,480, 0
186,30
5,0 ,0
~
~
Co
2,50 , 0 7,60,0
$
1,026 32
276.032 750, 0 630, 0
50 ,0 2,50 , 0
5,926,032
5,0 ,0 30 ,0 0
3,986,30
1,70, 0 10 ,0
1,70.
" 630,6 "50 ,06 2,30,0
20,5 0 83,056 0
18,40 0 12,98 0
37,096 50 1,40,0 1, 250 1,40,0 ~ 475,6 O 51,48350 20,5 0 120,5 0 1.40, 0 1, 250 1,40,0 187 5,6 173,46 50
Refundig 20,493602 6,3410
15,97 30 102,4352
35,6230
■/ "-: 31,398
2,802, 70 19,548 6
1,53 750 1.40,0 1, 2.50 1.40 0 "475,60 15,92T 50
20,78 64
Capitl
173,4650 28,0. 84,73.17 287, 627
Total
■
1,470, 0
$
tr1
HH
Refundi g "36 ,606 3,80.0 ~ 8~6 ,0 250,65 5,20,0 5,0 ,0
-193
$
~
New
'0,578
7.*4
$
.7
58.69,42 875r,0
$
-1940
95,0146
Capit]
305,740 17,80. 3.40,3 1,63.042
$
New
Total
5,926032 20, 0 18.46,0 76,10832
Total
137,94832 28,0 26,07235 192,86.07
Refundig 102,43 52 35,"62~30
-1940
t—(
>—I
CO
328,61.342 32,150. 63,45197 4:2,1539
Total
540, 0
275,68 5 29,50 23. 5,17 328,7 40
35,469718
$
New
16,750
15,9730 137,94832
35,6230 20,493602 10,93 0
31,398
18.24,750 1.40, 0 1, 250 1,40 0 372 ,07 35,469718
•
$
Refundig 1 25,31695 17,40. 2,85,970
S
'
5.0 ,0 17,80
390,30
4.0 ,715
4,670, 0 17,40
390,30
2,435.670
15,76490 4,950 19,52341 320, 9 41
S
New i.
•
Total
•
•
$
52,9867 2,0. 0 40,1 2 95,3-86/9
14, 2.0 38,0718 3,47,382
35,18 0 148,7650 3,0 0 3,498,0 2,150, 0 60. ,0 3,92,0 19,50 305,740 5,0 ,0 80 ,0 7,0 ,0
Refundl g 4,790, 0 138,05 28,0 0 3.498,0 I/sifo. o 56,82 0 3,87,0 18,74 695 25,39165 5,0 ,0 80 ,0 7,0 ,0
-194
MGtFfoehavrmdgaorunnimcplldyes FYOJTSFEAIICTUNSVHOAUNRRHPIESREAD
FYJTMOFAELAIIFNNGUVHOUVRCERRESPDNMGLT,
3 0. 0
Capitl 50.34805 1,54.30 1,09642
j
<£
Capitl 30.95,0 10,75 0 5,0 0
9,8 0, 0 81,250 2,0 ,0
3,0 0 15,0 0 2,07,0
405,305
50 , 0 3,1780 15 .0
New
~7
•
Total
_
$
'
9~5~,6 6
3 0, 0 3 0, 0
50,348 5
685,327
685,327
24,835 27 328,61 342
2,85970 9,70 139,240.3 35,06. 0 3,498.0 47085.670 56.82CO 3.87,0
1,56045
5,076342 40,185.0 149.5,30 40. 0 3,4980 67156715 060. 00 3,920
23,41695 275,68 5
2,50372 30. 59 10.75 0 5,0cCO ?.0C,54 3^178,0 15,0
1,42063 52,9867
14,705 30 26,49 0
1,20,24
1,20 4
13,584 6 26,49.0
1,50:6O 14, 20
95,0 0
41,354 90 nan 94,5,09 2,0 ,0 15,0 0 2,07,0 1, 50, 0 154.76,490
40,23 6 9.8r0Q0 13,84 6 2,0 ,0 29,15026 15.0 C0 1,8G0,
9.890
k
"
-194*;
Refundig 81,726140 £jl20~2 4
$
'
32,(58 60 36,8 4 3,47,32
Capitl
New
Total
$
10,350
~r
Refundig 7,517,0
V
S
FCORRPEIGANT,
-1943
Capitl
$
2,798,0
82,463 3,750 35,6 875 152,8739
10.35,0 90, 0 26,805 0 49,30 182 176,42018
Total
7,51 0 90, 0 26,805 45,280
NOAGRENUFPWID
169,750
CHAR TE
3786,132 6,70182
2,7980
DaCorp te omestic- Long-term Short-em Pref red Com on Candi — Long-term Short-em Pref red Com on Other Long-term Short-em Pref red Com on Total Candian Other
Grand
Farm
United
$
.v/' 250. 0
9,80, 0 2,0 0
New
—1943
49 ,140 "2 7:6 6
81,726140
si
Capit l
2,50 860 15,0 0 1,80,0 "~95,0 o50,oq 32,685 60
Li
81,20^ 4 "49 ,140 "2 7,0 0
81,463
95,0 0
1, 50, 0 72,90126
8,50 0 " 815,0
10,350
1,0 .0
8.50,6 "815,0
10,350
Refundig lTod.o 5,702 0 815,0
7,517,0
1,0 ,0
5/702,0
815,0
7,517,0
$
lTod. o
$
~
V
Capitl
$
2,7980
2,798.0
2,798,0
2,798,0
New
fbSutonadieyss JANURY NBoteosa—nds :—:ecco.topal,,manufctres oi maanufctnrig—d_ beuildtncgs, ,httreoraludtcisng,, . NBootaens-ds —eccotopal,,manufctres o—i amannufcdtrig et—c -. httoerrauldtscin.g,, — eccoopta.l,.,manufct—res o.ie amannufcdtrig—etc.— -. —htteorralutdcsing,, — ectcco.—op■al,,manufctres- oi imnaadnuunfscttdrrigl beuildt—cngs,, htoterraldutcisn.g,, securit
JOFANURY bonanotdedss _—. stock stock bonanotndesds-. stock— stock foreign- bonanotdedss stoc-k stock._ 1corpate Governmt forgeoveirgnmntGLoaaavncnide,s&^Municpatl—Stes,,PSosteaiens-. toa.l fidnigcnuluoordeets
MONTH
Refundi g "606",0
72,90126 1,750 83,957 6 168,0527
New
SOUMFARY
-1942
"These
OFMONTH
Long-Term Railrods Puutilbelisc Isroten,l, Equipment Maontdrs
industral
MepShi ng Invstmn iscelanous Short-Tem Railrods utiles ste l, Equipment and industral buildngs, Ruber Ship ng Investmn Miscelanous Stocks—» Railrods utiles ste l, Equipment and industral buildngs, Ruber Ship ng Investmn Miscelanou Total' Railrods utiles ste l, Equipment and
Total
Other Land, Rub er
Oil
Public Iron, Mot rs Other — Land,
Oil
Public Iron, Mot rs Other Land,
Oil
Total-
—— Shipng Investmn Miscelanou corpate
Public Iron, Mot rs Other Land, Rub er
Total
THE COMMERCIAL & FINANCIAL CHRONICLE
724
Monday, February 22, 1943
.-PerWhen'
■
Name of Company
Foreign Exchange Rates
'
Confederation Life Association
nhare
(Ontario)
3-31
..
the Tariff Act of 1930, the Federal Reserve Bank is; now cer¬
buying rate for cable transfers in the different countries of the
record for the week just passed:
Pursuant to the requirements of Section 522 of
tifying dailv to the Secretary of the Treasury, the
We give below a
world.
BANK TO TREASURY UNDER TARIFF ACT OF
CERTIFIED BY FEDERAL RESERVE
RATES
EXCHANGE
FOREIGN
12 TO FEB.
FEB.
v.
Continental Oil of Del.
(quar.),.—
Continental Steel Corp., common——
79 preferred (quar.).—
1930
1943, INCLUSIVE
18,
Value in United States Money
■
Official
■
———'
Free—,
■
:■
'—
pound—
Australia,
.237044°
;——r-
.237044*
.051300°
"■
.051300°
.051300°
.051275°
.909090
.909090
.909090
.909090
.900078
.900000
.900078
.900156
Colombia,
.900078
...——
;
Official..
4.035000
HOLIDAY
England, .pound sterling--—..—i,.—
India (British), rupee..—
Mexico, peso.
—'—•
«.—-—
Newfoundland, dollar—
:
■
-
4.035000
'
.301215
.205725
,
.
.
.205725
■
V.909090
3.227833
3.227833
3.980000
3.980000
New Zealand, pound.——.
Union of South Africa, pound——..—
-~-'
Uruguay, peso-
•Nominal
.897708
3.227833
3.980000
^
J
-
3.228000
-
•
-
'
■-
■'
■■
.658300*
.658300*
.528025*
.528025°
25c
3-20
3- 6
25c
3- 1
3-1
3-2Q
25c
$l'/4
3-1
2-20
25c
3-15
2-26
(irregular)
15c
Casting (reduced)-—37'Ac
3-3
2-18
3-29
3-16
Co.
Co.
Die
Ltd—
598
599
Water Co.
Citizens
Cleveland
519
1964
trust
—Mar
1
preferred
1951—.—Mar
Co.
3-25
3-13
2-23
$l'/8.
$l'/<
4-15
3-15
50c
3-15
2-23
37'Ac
3-15
2-24
3-15
3-15
3-15
3-31
2-28
2-28
3-20
3-10
4- 3
2-27
1
1
Florida
Gar
$2128
520
H.
& G.
Realty Co.
due
ref,
Co.
-
Annual"
American Hardware Co.
mtge,
6%
—Mar
.
stock
Common
;
Feb
—
1
4-12
'
Co.
Trust
3-12
4-
1
3-12
4-1
3-12
(San Fran.)
7Ve
Oklahoma
preferred stock—————
Natural Gas
3-
4-
3-
2
2-26
2-18
3-15
2-27
1
3-15
4-1
3-15
15c
3-15
3-
25c
3-15
3-5
$20.26
4-20
4-10
4-
1
3-10
3-15
2-27
(interim)—
$12'AC
Eeiding-Corticelli Co., common (quar.) —
7 9 preferred (quar.) —————Belmont Radio Corp. (quar.
Berghoif Brewing Corp
Booth Fisheries, $6 2nd pfd. (accum.)——
Boston Elevated Ry.
(quar.) ———
Bristol Brass Corp. (quar.)
——
$$1
$$1%
4.
$l»/4
75c
1
preferred
Buda
Company
*
4-
1
1 :
Calhoun
477
Mills
California
Ink
20 c
3-5
Callaway
3-31
3-
:
2-26
3-20
1
557
..-—Mar 15
Canada Crushed Stone
643
Canada
557
1
Apr
:
;
bonds, due 1952—
ser.
1
557
A bonds, due 1961—Mar 10
——Mar
644
Paramount Pictures, Inc., 1st preferred stock
Apr
Parr Shoals Power Co.. 1st mtge. 5s, due 1952——.Apr
series A
Gas & Electric Co.
5 y2 9- s. f.
lien
1st
5 9
477
1
1
Central
mtge.
gold bonds, dated Sept. 1, 1925—Mar.
1
477
Public
mtge. 5'A% bonds, due 1949
Utilities
Consolidated
:
$6
__Mar
Corp.—
Central
4-5 JA 9 bonds, due 1948
Reliance Mfg. Co., preferred stock
Reliance Steel Corp., $1,50 preference
Republic Steel Corp., purchase
5 Va 9 bonds, due 1954
money
Apr
,1
645
Apr ,1
stock_—L—Mar 1
558
—
—
—
1st
mtge.
3-
(Ont.)
——————
558
1st mtge. bonds, series A. due 1954-
Mar
1
—
1
—Feb 26
Strawbridge & Clothier, 1st mtge. 5s, due 1948Mar
1
Electric Rys, Co.—
Gen. & ref. mtge. bonds, series A, due 1951
—Mar 10
Gen. & ref. mtge. 49 bonds, series B. due 1951—
Mar 10
'
*'
."
■.
173
,
■
-
Co.
20-yr.
69
69
West
u
bonds, series A,
debentures,
due
1955
1,
—Apr
V
Clark
•
59
$1872
1959
Kootenay Power & Light Co.. 1st mtge. 4s,
ser.
^Announcembnt in this issue/V$lhf volume 156.:
Mar
1
480
A—Mar
1
560
—
—
r'
preferred
(quar.)..—
Machine
Corp
Columbus Foods. 59
*
rv '
."'V4
Congoleum-Nairn.
Connecticut
t
Light &
3-20
3-5
67'Ac
4-1
3-20
3-1
2-15
A
(quar.)——.
....
3-1
Harvester
3-
Iron Fireman
.Common
(quar,)
(quar.i :
(quar.)
4-
1
3-20
Common
4-1
3-10
Common
3-10
1
3-10
3-1
2-19
3-29
2-27
i
.
$l'/2
$1%
3-20
2-27
3-10
3-1
.
Special
;
...
4-
1
3^8
4-
1
3-
8
$1
3-31
3-
5
Kobacker
25C
3-31
3-5
—-
25c
2-23
2-15
(quar.)
Lake Shore Mines, Ltd.
12'/2c
3-15
2-25
Landed
$17
3-15
2-22
Banking
(quar.)
Lang
&
——
(John A.r & Sons
3-15
3-
.$1'A
3-27
$l'/2
3-27
3-12
Libby-Owens-Ford Glass
Liggett & Myers, 79 preferred (quar.)
Lily-Tulip Cup Corp
3-27
3-12
Lincoln-Clark
75c
3-15
2-25
Lincoln
;—i—
3-15
Consolidated -Amusement; Co., Ltd.irreg.
-30c
79
69
1-20
3-15
'
3-
4-1
55c
«
2-25
3-15
1
1
-1-20
_
1
.
Lukens
.
Hotel
(irregular)_._,
Service
Corp., common
prior preferred (quar.)
participating
Louisiana
3-5
2-.1;
....
8-1
5-10
9-1
8-10
30c
12- 1
11-10
4-
Land
Steel
Co.
preferred
2-23
1
3-8
3-10
2-26
3-24
3-10
4. j
3-17
4-1
3-13
4-1
3-15
3-31
2-26
3-31
2-26
3-15
2-27
$3'A
3-1
2-19
3-15
2-8
25c
3-10
2-25
3-1
2-17
3-15
3-1
.4.1
(quar.)
.
& Exploration
(irregular)..—
3-
1
3-15
$1%
1
3;
1
3-
2
4-1
3-12
37'Ac
3-15
3-
$13/4
2-10
1-28
25c
3-12
2-27
87'Ac
(quar.i..
4.-
25c
1
3-15
4-1
lion
__I
........
4-1
25C
Power. (quar.)———
3-12
2-
25C
3-17
3-10
$17'Ac
30c
$1V4
4-1
$20c
(quar.)
3-20
.
3-20
f$i
2-26
43 % c
4-15
Ont.)
...
4-1
—■
8
•10
$1%
3-13
Extra
8
3-26
$1'A
.....
75C
1
.
!
/
(quar.i
Loan (Hamilton,
_•
•12
3-1
25c
...
7 9 preferred
•19
3-1
25c
Stores,/common.....
$1%
—
.
',
—...—.......
$1
,
2-18
30c
•
;
75C
■
1
4- 1
30c
.....
Keystone Steel & Wire Co. (irregular)—...
Key West Electric, 79 pfd. (accum.)
Kinney Mfg. Co., $6 non-cum. preferred—.
(quar.)
2-18
3-
Jefferson Lake
2-27
3-20
V 15c
3-5
3- 5
3-10
Irving Air Chute (quar.i.__^...___.._
•
25c
Sulphur, 7 9 preferred (s-a 1.
35c
Johns-Manville, common50c
;79 preferred (quar.)
$p/4
Kansas City Power & Light, S6 pfd. (quar,)
$l»A
Katz Drug Co., $4.50 preferred (quar.)..
$l'/a
Kennecott-Copper
'
25c
3-10
1
—;
3-31
3-1
30c
pfd. (quar.)—'
;
3- 5
3-31
50c
....
2-23
2-25
3-31
$1%
r quar.i
Mfg., common (quar.)—..
5
3-~2
3-1
3-10
...
2-15
3-15
35c
—^
3-31
...
International
3-15
4-1
.
3-15
1
■—i—,.—
(quar.).-.
•
3-30
preferred (quar.)______
Inc.
3-13
25c
$1%
(quar,)
3- 5
4-1
;
3-15
4-
Ry.
common
3-6
3-15
4-il
4-
(quar.)
Equipment,
Clearing
Theatres, Inc., 1st & ref. mtge.
due
preferred
3- 6
4-1
4- 1
:
•
—
$7
2-18
4-1
$l'/4
r
4-20
25c
.
2-15
4-
(irregularis—
;Cities Service Power & Light, $5 pfd.
(quar.)
$6 preferred
(quar.)
173
646
-
3-15
$1JA •/
•
Securities, common (irregular)—
79 preferred (quar.) ————'
Chrysler Corp.
(irregularis—^..—
Street
;
3-16
4-30
2-28
25c
common—
3-26
15c
■
.....
1
62'Ac
V
(quar.)--
—
15c
20c
-
.—.
;
—.
Cincinnati
2-23
1
$l'A
'
Christiana
United
Western Massachusetts
;
(quar.)
preferred A
Chicago Daily News (resumed)
Chicago Rivet & Machine—'
' *
2-20
2- 8
2-26
3-
$3c
(irreg.)
Chesebrough Mfg. Co. (Consolidated)
558
3-1
2-13
15c
45c
$l3/4
;
—
non-cumulative
62c
(monthly)
(quar.).
Co.,
1
2-23
(quar.)12'Ac
4-
40c
—>
49
Dauch Paper
$1 '/a
,
—.
(accumulated)
Extra
Southern Pacific RR, 1st ref. mtge. bonds
Walworth
prior lien preferred
S1.06VV
$1'A convertible partic. pfd. (quar.)....
$37'Ac
Indianapolis Water, class A common.....
20c
5% preferred A (quar.)....$lV4
Industrial Credit Corp. of Lynn, com. (quar.)
25c
79
preferred (quar.)...
;
87'Ac
International Cigar Machinery (reduced.)
30c
■
-Feb. 26 ■'
—
!
171
558
—
„
Products—
Chamberlin Metal Weather Strip
Chesapeake & Ohio Ry,, common
558
1
1
Ohio; Steel
2-23
International Silver Co., 7%
—.
$7 prior lien preferred (accumulated)
-
Sayre Electric Co., 1st mtge. 5s, due 1947
;
Apr
1
Scullin Steel Co., bonds, due 1951
..Apr
1
Seitz Theater Co., 1st mtge, 6s, due Sept.
1, 1943——Mar-1
Southern Pacific Co., San Francisco Terminal, 1st mtge.. ;
bonds1
$6
;
1
(quar.)—
3-
3-1
preferred A (quar,)....
(monthly)30c
Gas, 7% pfd. (quar.)...—
87'Ac
Refining—;
37'Ac
Hunt Brothers Packing, 6'A jpfd. (quar.)....
15c
Hyde Park Brewing Assn
50c
Imperial Tobacco of Canada, ordinary (final)
$15c
Ordinary (interim)
$.l0c
69
preference (s-a)
'
39
Imperial Varnish & Colour, com. (quar.)
$12'Ac
1
$50c
—
—
3-1
$$2
—
Central Patricia Gold Mines (quar.)—;
Central & South West Utilities Co.—
f
conv.
,__May
Richmond Term. Ry., 1st mtge. 3%% bonds, due 1965—Mar
Ritchie Cut-Stone Co., Ltd., 1st mtge, 6y2s, due 1948_JVIar
Rochester & Lake Ontario Water Co.. 1st 5s, due 1951—Mar
Roman Catholic Episcopal Corp. of the Diocese of Lon¬
don
'5 9: preferred
(quar.)
3-5
3-15
3- 1
$50c
Cold
preferred
3-15
3-15
$$1
Central Illinois
ref.
&
81
56c
Humble Oil &
Trust—
Investment
(accumulated)
Storage (quar.)————
Light, 4'/2^ pfd. (quar.)— i
Central Maine Power,
pfd. (quar.)
6 9
preferred; (quar.)
657
.
International
preferred
'
Houston Natural
2-10
3-15
1
;
$20c
:
—
Canadian
Postal Service Bldg. Corp., Baltimore Parcel Post Station—
Leasehold
Sugar
Packers, Ltd. (quar.)_:
Canada Permanent Mortgage (quar.)_—
Canadian Converters Co., Ltd. (quar.)——
'
Pennsylvania
Dominion
—
Canada
1st mortgage 3%s, series B, due 1955——
Ozark Power & Water Co.—
1st mortgage s. f. 5%
&
(interim)-—
3-15
(G.) Brewing (La Crosse, Wise.)—
25c
Chemical Corp.,: common.—75c
Houston Light & Power
3-10
2-20
$10C
—
±JL
2-19
4- 2
$1.05
Class
2-20
50C
$l'/4
——
—
—
;
preferred (s-a)—...
^
HoudaUle-Hershey, class B (irregular)4_.
2
17c
(quar.)_
Co
Mills
-
$2.10
2-23
50c
.
(quar.)..
preferred (quar.)
Hollander & Son, common....
Holophane Co., common (irregular)
3-13
4
(accum.)...
5%
3-13
4-
Bullard Company
(quar.).
3-15
Hinde &
1
$13A
3-15
3-1
Hilton-Davis Chemical Co.
5
12'Ac
°
$1V2
(s-a)—__
Hibbard, Spencer St-Bartlett
Monthly
Monthly ...—:
;
50c
79
3- 8«
3-
Hiawatha Oil & Gas, class A
3-5
476
3-15
4-1
Heywood-Wakefield, 5 9 pfd. B (accum.)
5
3-31
476
1
50c
3-15
3-15
(s-a)
3-
4- 1
2-27
7'Ac
J.
4-1
3-22
3-15
3-15
Bankers
of N.
1
$1.37
Co.
4-15
3-
Canada
3-
$!'/«
4'A%
3-31
of
4- 1
$1'A,
3-20
6'/4C
Co.
3-1
$l'/4
$1%
Heyden
3-1
Nat'l Life Insurance
3-31
3-15
2-27
3-
Bankers
4- 1
15c
preferred (quar.).
Hartman Tobacco, $4 prior pfd. (accum.)
Hazeltine Corp,
2-18
Barber-Ellis
3-1
$1%
....
2-18
3-31
$1%
—
3-1
3-15
3- 1
Watch
$2.25
w——:
3- 5
3-15
40c
Insurance
40C
(quar.)
3-15
25c
2-20
3-20
:
3-30
com.
$l'/a
62'Ac
Heileman
3-30
Investing,
2-20
;
.......
1
3-1
National
3- 1
3-1
3-10
75C
preferred (quar.)
2-20
2-20
5c
;
$1%
Fire
3- 1
$10C
69
3-15
3- 1
5c
■
4- 2
3-26
12'Ac
12'Ac
(quar.)
3-20
3-1
:
30c
Eastern
4-1
$1%
(accum.)
Ltd. (quar,)———————
3-20
Hammermlll Paper, 4'A9
I
3-20
Western Sugar, common—50c
preferred (quar.).—
$1?A
2-
4-
3- 2
3-31
3-15
3-12
20c
2-15
3-19
3-12
25c
—
.
3-17
3-15
$20c
Co.—
Pacific Electric Ry., ref. mtge.
3-1
3-31
3-1
1
9
2-15
4-1
Green Mountain Power, $3 pfd.
'
Nova Scotia Light & Power Co., Ltd.—
1st mortgage 4s, due 1957
—————Mar
Ohio Oil Co., 69
3-1
4-1
1
3-
2-17
$VM
4-1
4-
3-24
3-10
3-31
(quar.)—
25C
$2'A
3-24
4- 1
3-31
(quar.)—'
(special).
Gulf States Utilities, $5'A pfd.
$6 preferred (quar.)
$1'A
3-24
$IV4
Gruen
$3 preferred
Asbestos Corp.,
:
Great
(Cine.)
(quar.)_.
pfd. (accum.)
7%
3-
Extra'
Arden Farms,
476
476
Mar 22
1
15C
(irregular)
American Sugar Refining, 7% pfd. (quar.)American Telephone & Telegraph (quar.i —
5'A % bonds, due
—
3-15
4-
5
3- 1
56'Ac
Great
2
15c
common
2-28
'
17'Ac
preferred (quar.)..
5'A9 preferred (quar.).—....
General Reinsurance Corp. (N. Y.)
iquar.).
Georgia Power Co., $6 preferred (quar.)
$5 preferred
(quar.)
Glidden Co., 4'A% conv. pfd. (quar.)..:
;
Goodrich (B. F.) Co., $5 preferred (quar.)__
4-12
5-
Power,
2-28
3-
4-1
59
3-12
15c
(quar.)——
(s-a)
Service,
Gatineau
3-3
34%c
.
Stamping Co.
American
24
3-15
5-1
——
Northwestern Barb Wire Cb. 1st mtge.
1945
Public
American
474
'V
3-11
3-31
Co,, $4.50 preferred
(quar.)
$2.50 preferred (quar.)._.„
Fuller Brush, 79 preferred (quar.).
3-11
5c
American
Distillers Products Corp.—
3 '/4 9
1
4-1
37'Ac
(N. J.)
American Machine &. Foundry
.
sinking fund debentures———.——.Mar 1
10-year convertible 3'A 9 debentures—.——Mar 1
National Light & Power Co., Ltd.—
6% 1st mtge. s. f. gold bonds, ser. A, dated May 1,1930-Apr
1
6% 1st mtge, s. f, bonds, ser. B, dated May 1, 1930—Apr
1
New River Co., preferred stock—
:
..Feb 24
7-year
4-
$l'/4
$iya
■Extra,.
603
1
15c
75c
preferred (quar.) —
American Insurance Co.
—
4-1
————————
473
*
603
553
603
—-——Mar 31
bds., ser. A,
Food Fair Stores, common
4-15
Flintkote
2-27
4- 1
' 15c
1
....
(s-a>
3-17
3-15
1
2-27
3-15
67/aC
■
Corp.
3-3
3-2
4-
12'Ac
preferred (quar.)
Druggist Fire Insurance
Stock
4-9
30c
(quar.)..
preferred (quar.)
Bank
1
(quar.)--——-—-—————-
American Felt Co., 6%
Kentucky Hotel, Inc., gen. mtge. 6% bonds——.———Apr
6
641
Lebanon Gas & Fuel Co. 1st mtge. 5s, due 1956
—Mar 1
166
Lehigh Valley Coal Co.— 0'
vf.■/■
1st and ref. mtge. 5% bonds, due 1944—
;
-Aug 1
12040
Lincoln Mortgage Co., 5% income debentures, due 1948_Mar
1
554,
Los Angeles Pacific Co., 1st ref. mtge. bonds, due 1950—Mar 10
641
Medical Arts Bldg. (Medical Arts Realty Co.)—,
General mortgage bonds, dated 1936.
Feb 18
*
Metropolitan Edison Co., 1st mtge. 4Vis, ser. D, due 1968_Mar L: .;
476
National
B
American
(Miniger Bldg.)—
Paper
1955
—
$1.06 A
stock)——.—
class B
$2130
& leasehold bonds, dated 1924
1st mtge.
(quar.)
4-
Colortype Co. (irregular)
Cynamid, class A (quar.)—
15
1944—_———Mar
15-yr.
International
Class
5%
5% debentures, due 1957——.—Apr
1
Goodrich (B. F.I.Co., 1st mtge. 4Vis, due 1956—-—-—Mar 15
Graton & Knight Co., 1st 4%s, due 1951
—Mar 1
Great Northern Power Co., 1st mtge. 5s, due 1950—__Mar il
& Co.,
_
3-10
1/32
(payable in cash or
Inc., $6 pfd. stock....Feb 27
1st 6'As, due
Gas Co. of New Mexico
(quar.)
common
20 c
stock)———~
B
share of
American
552
603
553
Co., 1st 4s, series C, due. 1955—Mar 15
Industries, Inc., 59 preferred stock—,—..Mar 1
General American Investors Co.,
Ginn
class
$2.75 vdassj A
American
Public Service
Wood
v
520
1
1
due 1947————————r-——Mar 10
notes,
com.
50c
(quar.)——-———.;
American Cities Power & Light Corp.—
$3 class A (payable in cash or 1/64 share
519
'Class B
First
3-12
$1
$1'A
(increased)
—:
ccm.,
3-15
4-15
3-13
4-24
Co.,
Fitzsimmons Stores, 79 preferred (quar.)..
59 cum. participating class A (quar.)....
59 non-cum. participating class B (quar.)
preferred
6%
at Baltimore—?.
Finance Co. of America
Co.,
„_—
of
income bonds, due
f.
s.
3-5
$1
5'A'^
•
439
Cudahy Packing Co., 1st mtge. 3%s, ser. A, due 1955.—Mar
Cumberland County Power & Light Co.—
1st mortgage 4% bonds, due 1960
—Apr
East Greenwich Water Supply Co., 1st mtge. 4s, ser. A_Mar
4%
601
601
Corp.—
6%
2-22
4-1
60c
2-23
3-12
2-15
preferred (quar.)
American Cigarette & Cigar, common
bonds
4%
—
Note
69
.Mar 15
1945
due
mtge.
1st
Co.
—
Consolidated Title
Collat.
Service
—
Bank
American
1941
debentures,
75C
$2.25
—
preferred A (accum.)—
Aluminum Co. of Amer., common__-_
6%
preferred (quar.)^———.
Aluminum Goods Mfg. Co. (irregular.)
Amalgamated Leather Cos., 6% conv. pfd.
(accumulated);
■
American Airlines, $4'A pfd. (quar.)—
of Louisville—
5%
Co.,
Public
Community
due
of
Tractor
(quar.)_—:
69
$2096
128
Feb 28
Scottdale1, 1st 5s, due 1953—.—Mar 10
this week are:
Investment Corp.—
Alliance
437
438
1943-1944———_—Mar 1
Co., ref. & impr, mtge, 5% bonds,
Mar. 1
Ry., 1st ref. mtge, bonds—..
Feb 26
dated
3-20
—
Co.
Acme Steel
$2303
due
bonds,
4-20
-
_
Department" in the week when
The dividends announced
3-19
$40c
(interim)tlOc
—
declared.
Central Indiana Gas
mortgage
are
and Investment News
Central Illinois Electric & Gas Co.—
Science Society
2-20
(quar.)—-4.---^.$$1'A
(quar.)
—$$1%
...
Mar 10
due 1951——Mar 1
Mar 1
Avery (B. F.) & Sons Co., 5% notes, due June 1, 1947—Apr
1
Burlington Mills Corp., $2.75 cumul. conv. pfd. stock—Mar 1
1st
(quar.)—.-'——
Eddy Paper Corp
37'Ac
Empire Capital Corp., class A (incr.i—20c
70c cum. preferred A (quar.):
—.
17'Ac
Empire Power Corp., $6 preferred (quar.)—
$l*/2
Participating stock (accum.)
50c
Emporium Cap well, common (quar.)—..
35c
79
preferred (s-a)
$3'A
4'A9
preferred iquar.)__
56'Ac
Erie & Pittsburgh RR., 79 gtd. (quar.)_^_>
87-V2c
Less 7'Ac Pennsylvania State tax.
'"XVv-:'
Faber Coe & Gregg (quar.).——
1
50c
Special
$1
Federal Mining & Smelting
:
$1
Finance Corp. of America, class A (quar.)..
15c
grouped in two separate tables. In the
first we bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
which have not yet been paid.
Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
Page
collateral trust bonds, due 1959
Christian
>
(interim.)
$4.50 preferred (quar.)—1—__—.
Duquesne Light, 5% preferred (quar.i
DIVIDENDS
Indies SS Lines—
Atlantic Sugar Refineries, Ltd., 4% bonds
Automatic Products Corp., capital stock
Pacific
(quar.) s^-^w
;'
Durez Plastics & Chemical,
Date
Company and Issue—
Central
;
Corp.
Driver-Harris
.528025*
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption ot last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
debentures,
1
3-9
Du Pont de Nemours &
.658300*
.528025°
bonds, notes,
Below will be found a list of corporate
3 'A 9
3-10
3-
Edison Brothers Stores, common (quar.)_—- r
20c
59 preferred (quar.)..——; 62'Ac
5% conv. pfd. series 1941 (quar.)
62'Ac
.658300°
Dividends
due 1957
3- 5
3-10
Mines,
79
•
Redemption Galls and Sinking Fond
59
3-5
3-15
3-15
3-25
3-15
Dominion Textile Co.
3.980000
3.980000
.528025°
.
—...
■
Gulf & West
3-17
3-31
.
$2
;preferred
Atlantic
1
3-1
Dominion Stores, Ltd.
'
.658300°
—.——
rate.
Dome
.909090
.897708
.897500
3.227833
.909090
.909090
.897708
'
•
Free
Noncontrolled..——
1
3-
3-15
Oil
Pepper
Doehler
?
3-15
3-
3-10
■
.909090
.897708
.....
—
■
Controlled—
■;
*
3-15
3-10
5c
Reynolds, class A
(quar.)
5% preferred (quar.)
Dr.
.205725
.205725
.
;
&
Devonian
.301215
.301215
.301215
.205725 '
.301215
4.035000
4.035000
4.035000
-
1
4-1
" 4J
-
Class B
.572200*
,572200*
.572200*
.572200°
.572200°
peso—...—
3-15
3-15
■
Steel
Devoe
—
'
8
4-1
Stores
Delaware & Bound Brook RR.
Detroit
.909090
Official.-.
Free..
'
.051300°
3-
3-29
4- 1
Amer.—■
Inc.
Fisher
12-24
25c
25c
,
Extra ;
-_■—
Canada, dollar—
■
of
9-25
12-31
,
convertible preferred
Daniels &
.060586*
.060586*
.060586*
Co.
Cutler-Hammer,
3.228000
3.228000
3.223000.
.060586°,
Steel
6-25
9-30
:
$l'/4
(quar.) __s_L_:s^s
(irregular)
;
25c
(quar)_—
50c
Deisel-Wemmer-Gilbert (irregular)
37'Ac
Delaware Fund (quar.)20c
.297733*
.237044*
.060586°
—-
Free—
■
5^i
.297733*
.237044*
3.228000
3.228000
;
.
CrUcible
$
.297733*
.237044°,
;
Brazil, cruzeiro—
'
Official.
Feb 18
:
.297733°
.297733°
——---.
Feb. 17
Feb. 16
S
$■■
■
.Argentina,, peso—';
Feb. 15
Feb. 13
Feb. 12
3-25
6-30
*
$1 %
6'/2^; preferred (quar.)Jsssss^is——-.-:
$1%
Copperweld Steel, common
20c
59- conv. preferred (quar.); 62'Ac
Buying Rate for Cable Transfers in New York
Country and Monetary Unit
'
$1%
-
.
Continental Telephone—
• : 1
7 9' partic. preferred (quar-.)
Noon
0/ Reo,
—-
Quarterly
i
$ $ 1 Va
Quarterly -_._-„J.__^__sujsi_Isv.sl__-_^-__ ;'', $$1V2
Quarterly
'
$ $ 1 y2
Quarterly
i.$l'/2
•
JfI older t
Payable
1
3-12
2-27
37Ac
3-12
2-27
10c
3-15
3-1
25c
3-12
2-25ft
.•
Lyea, Metal Products ;(^uar:)! :i25c v. 3-15'
3-1
Volume
Number 4153
157
THE COMMERCIAL
Per
Name
o) Company
thare
:
Mackintosh-Hemphill
Magma Copper Co.:..—
When
Payable
Holder t
2-25
2-15
50c
■,
■
Per
Name of
of Rec.
25c
—;—
& FINANCIAL CHRONICLE
3-15
2-26
When
thare
Company
Payable
Smith
Alsop Paint & Varnish, 7A pfd,(quar.)
South Porto Rico Sugar, common (interim)
8A' preferred (quar.):
...
Master
May
Electrib
McEwen
McCahan
7A
Co.
(quar,)
Kaiser
iW. J.)
Co.
35c
preferred
(accum.)
Lake
Merck
common...*!
Co.,
3-
3- 1
2-22
5
Southland
Gold
Mines
Royalty
$1%
-
3-
1
2-18
3-15
$3c
iquar.I—_
4-
1
4-
1
$1.31(4
preferred (quar.)—
5(4 A preferred tquar.i_._
Merrimack Mfg. Co., common (resumed)____
5'/'
preferred
1 accum.)—
Metropolitan Edison, $5 pfd. (quar.
z
1
•
3-20
$1
3-
1
3-
1
$1(4
4-
1
$1(4
4-
1
3-
2
$1%
4-
1
3-
3-10
Atlanta
37Viic
3-15
2-26
Atlantic Rayon
$1»A
4-15
3-31
2
of
Ohio,
common
(quar.)
_
iquar.)__
Paving &
Materials, Ltd.—
preferred (accum.)
conv,
Stoker
Co
$62V2c
,
$7
preferred
(quar.)
$6
prior
preferred
(quar.)____,__-_^„_;
$1(4
4-
1
3-
2
$7
prior
preferred
(quar.$1%
4-
1
3-
2
3-
1
2-20
Sutherland
3-
Sylvanite Gold Mines, Ltd,; ccommon___i___;_
Common bearer shal,es_______^____-_____A
Tacony-Palmyra Bridge,
class
A (reduced)
Meyer
(H. H.j
.
»
Packing,
6 (4 A
•
-
$1%
Michigan Consolidated Gas, 6A pfd. (quar.)
Michigan Public Service Co., com. (quar.)
•
preferred—
$1(4
7',/
7A
preferred (quar.)
Morgan (J. P.) & Co. (quar.)_-_____.__i.-___
Co.,
Mutual
Chemical
6A
$4.50
preferred
of
Co.
3-15
(quar.i
Talcott
5
2-26
1
3-15
Taylorcraft Aviation,
3-11
2-20
Telephone Bond & Share Co.—
A
7 A
1st preferred (accumulated):
3-
1
2-23
3-
1A
2-25
3-15
3-15
2-27
Time,
3-15
3-
1
Toledo
2-15
2-
5
$1(4
3-27
6-28
9-16
6A
(quar.1
$1(4
12-28
12-16
National
City
Class
$3
A
Lines,
$1,50
25c
3-15
50c
5-
1
5-
1
4-17
437 (Ac
4-
1
3-15
27'Ac
3-
1
,2-20
20c
3-
1
2-20
(quar.t
pref.
Ltd.-r-
Co.,
&
A'i:y'A"Af:Av
!
(quar.)_'_
Life
;
Accident Insurance
(quar.)
_
Extra.
••
.
National
Malleable
&
Steel
•
Casting____j____'
25c
3-13
& Tel. Co. (increased)
$1(4
Omnibus CorpA___^_A-_;-_.i50c
3-31
City
3-15
Corp.__;^u^„___i_^__^._„Ai~
Electric Corp. (irregular)_________
Niagara Lower
Arch
Bridge
37'4c
35c
3-
$50c
(quar.t________
<
American
Detroit
5%A
6A
Co.,
Edison
North
for
Natural
5
3-
1
3-10
3-
3-25
50c
-
(Wise.)—
■;
$1(4
3-
1
A
1
1
25c
3-15
3-
(irregulari
12(46
preferred (quar.)• 43%e
Ottawa Light Heat & Power, com,
(quar.):
tl5c
3-15
3-15
class
A
(accum.)____
common
5A
preferred
Pacific
&
Oil
Indemnity
Extra
Co.
common
4 A..1 preferred
(quar.
Pater,son-Sargent Co.
Pet
Milk
4»AA
Peter
Co.,
Paul,
Pettibone
Pfeiffer
Pfizer
$$1 (4
4-
25c
3-
$1%
3-
(quar.)__i__l_t__*_
__________
3-27
$1
4-15
.
Quarterly
! 4-
Powdrell
4-
1
3-
2
3-
3-15
~
60c
1-30
3-15
3-15
2-26
Aero
4-
1
3-
3-
1
;
preferred
(s-a)
$3
3-
1
2-15
6A* pfd.
(1897)
Co
8
3-
4-
1
3-
-"A'
__________
15c
iquar.i_j„_:_^___A,
40c
■
$5.50
3-15
3-15
3-
4-
.
American Car &
7A"
3-15
1
1
preferred
a court
$1%
.A'""
:
$8.29
is to be withheld.
4-15
3-15
77%preferred
A
(quar.
3-15
2-25
7A -preferred
A
(quar.)4.L________4____
$1%
$1'A
4-15
4-
7A
A
(quar.)™——________
$1%
(quar;)_A_AAi_-iA-.Ac_Ai:lAA\:-;!.''' $1'A
7-15
7-5
Mines
(quar.)' £5c
pfd. -(quar.-)
$1'A
(quar.i'
pfd. (monthly)
3-
3-17;'
AA
•
3
5
"
3-10
A 41
American
:•
:
3-15
2-26
3-
2-20
37'/2C A
^;
non-cum,
preferred'(quar.y_'_i_i_A„
preferred
non-cum.
preferred-(quar."
40c
non-cum.
preferred
40c
,
1 quar.)40c
preferred
6A
prior preferred
12-1
11-15
3-15
2-28
"
-
Transit-Co.
•
2-25
2-10
3-
1
Hoe,
American
$2.50
preferred
American
&
Home
preferred
;
75c
87.>4 c
Loan
Assn.
(quar.t
4-
1
3-31
3-15
25c
3-15
2-27
iquur.$1%
(irregular)_____________
50c
3-15
2-27
(quar.i__
(Del.)
(quar.i
International
partic,
Mining
G.l
•"
;
-
Co.
25c
3-15
2-25
3-15
3-
3-
2-15
1
(quar.i_
ilOc
1
12V2c
(quar.i_,
American
Smelting
American
Steel-
Class
3-10
2-26
$5
3-22
3-
3-25
3-15
50c
3-25
3-
25c
3-
1
2-20
Arizona
$13A
3-
1
2-20
Aro
2
$4.50
.
Sonlag Chain Stores, common
7 A
preferred 1 quar. 1
(irregular)
__
5
on
3-15
3-
5
4-
5
3-15
2-17
&
4
3-
8
3-
1
2-11
3-
1
2-11
3-
1
2-11
common
AA
2-15
2-15
2-27
25c
3-
3
2-11
2-
8
3-
1
2-22
35c
3-
1
2-15
(quar.)_______
68%c
3-1
2-15
62(4c
3-
1
2-15
(quar.)
15c
—_—.
Cable
1-29
3-
37'/2c
5
3-
2
2-15
3-2
15c
—
iquar.)j
2-15
3-
1
$1%
(quar.)
3-15
15c
$37(4c
—\
3- 9
2-24
3-20
3-
+10c
1
1
2-13
3-15
2-28
3-
Co., Ltd.—
';
;
Bakeries,
preferred
preferred
$3.40
pfd.
Investment
___
3-
1
2-
3-
1
2-lb
3-
1
2-19
$1(4
3-
1
2-19
1
4-15
4-14
$1.75
3-15
3-
5
6-15
6-
4
9-15
9-
3
12-15
12-
3
2-26
1
2-23
3-15
2-15
&
3-
1
2-15
3-
1
2" 15
4-
1
3-23
Carman
& Steel
Products Ltd.—
(accumulated)__________—
Co., class B__——^
25c
(quar.)——_—___—_____
50c
Telephone & Telegraph (quaf;)$2
Carter (Wm.l Co. (annual)
$4
Carthage Mills,
common.....—
25c
$2
Carolina
6 A
6 A
preferred
A
preferred
(quar.)
7 A
I.)
preferred
pfd.
ctfs.
(irreg.)__
beneficial
of
Central
Paper
(reduced
Mills,
Ribbon
6 A
Hill
Chicago
Corp.,
Chicago
Yellow
2-20
Chile
3-
1
2-10
Cincinnati New
3-
1
2-10
5 A
preferred
5 A
5%
$1(4
7-
6
6-19
7-
6
6-19
$15c
3-
1
2-15
3-
3
2-20
City
2-15
3-15
3-1
2-15
3-15
2-15
7A
pfd.
$3
2-16
3-1
2-18
1
2-20
3-
25c
2-25
2-10
25c
'
3-15
2-27
$1(4
5c
75c
1
3-15
12-15
12-15
4-
3-
4
2-20
3-1
2-15
3-
1
2-19
25c
(quar.)
75c
25c
(quar.)
Co.
3-1
$1%
(quar.)__
—
Co.
Oil
3-15
10c
(quar.)____
(quar.) ________———
preferred (accum.)
Oab
2-15
$5
Manufacturing—___——
Cotton
1
2-10
3-12
2-27
$1(4
(quar.)
————
RR.
4-
2-18
1
$1%
_____________
(quar.)
Master
Quarterly
1
1
4-
$1.80
—
pfd.
conv.
quar.)
Co.__
preferred
Chickasha
1
4-
2
,
(irreg.)__
Champion Paper & Fibre, common
Quarterly
5
int.
—
Foundry Co., 5A
Chain Belt
4-
3-15
50c
(quar.)______________—___
Liquidating payment
..Century
V
3-15
Coke—
Central Coal &
4A
'
4-1
60c
Co.,
3- 3
$134
_________________
3-
$1(4
B
(J.
5
3-
$27
3-1
2-27
3-
1
3-24
3-
2-
4-
3-31
3-15
3
%J5
$$1.75
Tube
preferred
Chefford
3-31
2-28
1
class A
7 A
Chestnut
3-
2-28
3-15
4-1
,,
Central
50c
Co.
$85c
(quar.)_—_
3-15
3-
Corp.—
(quar.)
Central Arkansas Public Service—
75c
fquar.)_
+$1'4
(quar.)__
2-13*
1
25c
(accum.)
pfd.
5 A
$$1.62(4
$$2
Canadian
;;
$25c
(quar.)_________________
3-
$2.25
(increased)
2-25
2-25
$1'4
Forgings, class A (quar.)
Ltd.
(quar.)
preferred
5 A
B___
(s-a)
non-cum.
1
2-26
Concen¬
&
(reduced)
B
6(2A
75C
(quar.)
Telephone, class A
$6
Class
50C
(s-a)
Equipment Corp.
3-
3-20
3-15
(quar.j____.
preferred
common
75c
class
2-27
3-15
preferred
Machine
Vinegars,
Class A,
25c
and
Mining
7A preferred (quar.)
50c
:
prior preferred
3-15
4-1
45c
3-18
20c
common
2-19
20c
3-31
$1%
Co.,
1
25c
________
common
&
3-
tlOc
2-23
50c
Dry Ginger Ale
Wire
5
5
$1.25
(quar
7A Preferred (quar.)_—__
Caterpillar Tractor Co. tquar.)______
$1.75
Refining
Archer-Daniels-Midland
Power,
1
Lead & Smelting—
preferred
Anglo-Canadian
2-18
Standard Sanitary—■
Mill
common
Zinc
Ameskeag Co.,
10c
_____
(quar.)_
(quar.)__
convertible
25c
Packing. Corp
Canada
2-18
$1.75
Foundries
Tobacco
3-15
3-15.
$1.75
pfd.
Stores Co.__,
B
American
9-
$2
(quar.)
Rolling
American
3-20
:
4-15
15c
preferred
American
1
—
Common
Extra
Investment
preference
Corp
(Chicago)
2-27
3-10
4-
25c
(quar.)
American
2-11
2-
3-
preferred
Adding
Water,
Canada
15c
(quar.)
&
3-1
2-27
.(initial)
20c
________
u____
Radiator
40c
\
Brothers,
3-1
2-27
(quar.) __—2c
(irregular)
Sullivan
convertible
3-15
3-15
$1.75
A :
$1
.
iquar.)
&
2
lOd
50c
common
33-
J75c
(irregular)
75c
:
Trust Co.
American
American
Hill
Canada
2-15*
$1.50
Semi-annually
7A
V
50c
(quar.).
Bank &
preferred
$i34
Co.
Inc.
convertible
Butler
62 (4 c
x
preferred
'2-18*
■'''
$1.18%
Illinois
7 A
1
new
2-27
6
4-
4d
(quar.)
Machine
Forge
Butler
3-17
4-
(quar.)___
"(^monthly)
7 A
3-15
&
Line,
3-15
9
4-6
2 (4 A
class A
Co., Inc.
Pipe
Die
5 A
2-15
1
40c
iquar.)__
(quar.)
7A
3-
Wire,
convertible
Case
3-10
50c
Shoe
&
$2.50
1
75c
3-10
95c
■
;
(accum.i___
3-
Leather-—';
3-10
5
>'
25c
pfd.
1
3-5
$$1.50
;
preferred
.
Packers
$2.75
2-18
$iy2
___________
l
2-
(quar.)
5 A
Bunte Brothers 5% preferred (quar.)
Burlington Mills Corp., common iquav.)i___.
8 A
______________
2
3-15
Ltd.
_________
(interim)
Columbia
Brewerioe,
4-
2-15
(quar.)
i
Foreign
4-
62»Ac
common
Nat'l
Co.
(quar.)_
Tobacco,
Canadian
Indemnity Co. /fs-a)
6A
1
(final)
8-25
4-
50c
& Co..
American
11-25
$l»A
-
(initial)
pfd.
2-25
1
Co.' of
2-25
2-25
2-19
12-1
Investment
3
3-31
3-
Canadian
American Metal Co., common
3-
3-10
Canadian
American
American
30c
cash
stoclc__
Rubber
&
America
5-25
American
2-15
50c
of
1
common
Products
1
2-15
6-
preferred
2-15
3-
1
"
(quar.)
Hide
1
1
3-
$1%
$1
(quar.)_____
convertible
6?r>
2-15
33-
3-20
3-1
Corp.,: $2
3-
1
25c
2-25
(quar.)____v
General
1
2-24
50c
1
&
preferred
2-24
$1(4
in
75c
common
Casket
3-15
Paper Goods Co. 7A
preferred (quar.) __~A.
—25c
•
Remedial
'"'A 3-10
30c
>
'25c
25c
i:
A
:
Paper Co., 7A
—_^A—
5-15
40c
(irregular!
Russell Mfg. Co
(Frank
2-15
'$$13»
(quar.)_
(quar.i
4A'
1
6-1
9-
4:A'+
$3
&
1
75c
__________
common
Bearing——
Burial
3-
Electric, common
preferred (quar.)
American
A';,'A
3-
!■:.
Gas
3-
3-
——_—
Roller
50C
$1V2
(quar.i
Canadian
2-26
8-16
common
6A
Co.
3-15
1
-
taccum.) i_A„"
Corp. (initial 1
Insurance (Texas) -(quar.)-__iAA_v_-
Co.
1
Fork
preferred
American
3-15
3-18
$l3/4
.
pfd.
Republic Aviation
preferred
8
t2c
non-cum.
Co.
3-15
3-
50c
_A_A_'_ v--
(quar.)
3-1
:
6A
•
2-20
2-13
(quar.)
(accumulated)
2-13
1
2-25
2-27
4
&
$7' preferred
2-20
3-1
3-
50c
Hose
pfd. A (quar.)__
Foreign Power Cq;-^.'A,!rAfAAAy'
preferred
(accumulated)
:
$6
•
15c
preferred
American
7A
8
.
American Envelope Co.,
6'A
A
4-1
2-23
2-13
$1
Canada Foundries &
(accum.)____
decision $1.04
1
$1(4
trating (quar.)
A'A^-AA
,
2-26
3-
(quar.)__
Woven
Bunker
2-17
3-
•4
1
2-15
1
AA AA'A
$1.37(4
2-19
$1,60
Co..'Ltd.,
Foundry— .4
non-cum.
Pending
(quar.)
2-19
$1.60.
Shattuck-Denn
preferred
1
70c
■(monthly)
Lace
Co., 7.A preferred (quar.)^y
Capital Corp.—
"
'
;;(■ -vA".-"-
prior
3-15
4-
2-25
Bullock's,
—
A 25c
2-
50c
Burroughs
l
20c
$1.60
Oil
(St. Louis)
3
2-20
4
62(4c
Co, '(initial 1
Manufacturing
Buell
2-10
3-15
3-
2-20
3-1
3-
2-18
Buckeye
8*
3-
5
25c
3-
Reliance Grain Co.,
3-
3-1
15c
4
1
v
(quar.)
(irregular)
3-1
2-
4-
Buffalo
3-31
3-
iquarvP^^iAyA-i-':
(quar.)
(increased
Scranton
Co.
2-19
40c
Bruck Silk Mills, Ltd. (interim)_____,—
Brunswick-Balke-Collender Co.,
common...
$5 preferred
(quar.)
2-15
3-
2-17
3-10
40c
Brown
2-20
1
American Central Mfg., 4 A cony: pfd.
American Chicle Co. (quar.) A___.
Mining (interim!
Raybestos-Manhattan,' inc.
Regent Knitting Mills—"A-
Seaboard
1
*
Can
American
3-25
..15c
-
2-20
2-27
3-
25c
:
4
3-12
,
2-20
Co.,
3-
3-
'$1 Va
Quarterly
1
2-20
Francisco
Industries
Arch
American
$1,A
of
Common
3-15
3-25
1
2-13
British
-
'A
Gold
4-( 1
t$2
Aluminium, Ltd., common (quar.)
6A pfd. (quar.) -(payable in U. S. funds)
3-1
1
share
Common
2-15
25c
2-15
3
3-
1
British
2-15
25c
4
'
2-20
Rochester
:
1
3-
1
Bower
of Mae.
1
3-1
$iy2
Co
American Automobile Insurance
1
Mlg.
Co.__
Cement
American
4-
AA' "
RiegeL Paper
Mfg.
3-
1
the
ratable
U
2-16
3-
previous
$1.75
!quar.)______^__A_____^___
Aluminum
(
Tobacco,
.
preferred
2-20
(quar.)75c
Steel,
t$l
2-15
2
3-
3-
2-27
3-
2-15
1
3-
3-
Boston
tteitere
t40c
1
3•;
30c
2-18
'When
there
(s-a)__
(quar.)
3-15 A
3-
Republic
•••'
Ptr
15c
5
$14
The list does not include divi¬
Com.
3-10
Siy4
Norristown RR.—'
■
1
3-15
2c
Stores,
4-1
3-1
Republic
preferred
7 A
1
$lVa
.
4-15
in
2-16
1
Boss
2-15
-
3-
announced
3-
$1(4
Bristol-Myers: Co.
(interim)
Brooklyn Edison Co., Inc. (quar.)__
35c
Inc.L„__A^~_--._yi_-AAA^A.;'V:,:
common
1
2-28
(Sidney), 7A preferred (accum.)
(interim)
Borg-Warner Corp
2-15
4-30
}.2c
25c
(quar,i.:___„____-(_„_
(irregular 1
■
3-
Brothers
preferred (quar.) ______
Ridge Corp., $3 conv. pfd.
l/32nd
or
2-
Borden Co.
3-1
1
a
Shoe
2-13
&
6 A
Blue
A
;
3-
$134
Ltd.
Name of Company
Alpha. Portland
Co.
Bloch
1
3-15
Blumenthal
4-1
'
•
12'/2c
Corp.
Surpass
7A
..
3-20
%c
Extra
convertible
Alabama Water Service Co., $6 pfd.
(quar.)
Allegheny Ludliim Steel Corp.— :
A
;r
2-19
3-31
Crafts
Agnew
Allis-Chalmers
Dome
Inc.
-
1-16
50c
Snider
6 A
Brown Fence
2-27
(monthly)__>_^-_____._u^A—1 '•58VbCJ
3- 1
Public Service Corp. of N. J., com.
(irreg.)
Ay.
25dAAA:3-31
6 A
preferred I monthly 1 AC-:-_AAiA__^AJiA'A " '
50c
4-15
Public: Service Elec.1 & Gas, 7 <M
pfd. (quar.V
$i»V
3-31
Pullman.
preceding table,
_(n
3-11
&
preferred
Shattuclc
3-15
1
•'
7 A .preferred
Second
1
week, these being given In
(quar.i________50c A"'- 3-10
Corp. (irregular)25c
:A'2-20
preferred
5(2A.
4-
give the dividends
we
3-11
Public Service of Colorado. 5A
Schiff
15c
5
2-15
3-
$1(4
V,
:
(s-a)
weeks and not yet paid.
dends announced this
:
Provident Loan & Savings
Society of Detroit—'
Quarterly
Below
2-20^
1
Gamble, ?5 A
Prosperity Co., 5A preferred
San
preferred
•
Alexander___u______^_:_A--__A_l
East
St. Regis
convertible
Brewing Corp,
Bright (T. G.)
1
&
Rlsdon
5A
preferred (quar.i___^___„A_iiiA_„^_
$1.1834
preferred (quar.)$1V2
4-
Accident Insurance
preferred
$1.60
2-20
2-
1
$l'/2
3-15
-
4-
Lambert,
Prentice-Hall,
Quebec
Power,
Mines,
(quar.)_____,
(quar.);
Co., common (quar.)
preferred
(quar.)__
Bliss (E. W.) Company, common (s-a)___
2-5
3-
50c
6A
Boyertown
2-18
3-13
75c
,,
—___A—__A_
&
&
Preferred
6 A-
6A
'
3-10
1
3-
30c
1 quar.):
Pittsburgh Forgings Co.
5A
434 A
preferred
1
2-15
2-15
30c
$1»4
common„_.^._
3-1
$25c
Electric
Carpet,
4-
2-15
2-15
$1V2
1 quar.i
common
-t$l3/4
25c
1
3-10
$1%
(Del.),
(quar.)
37('2c
(quar.)
25c
Philco' Corporation
Procter
Wisconsin
preferred
(quar.i
25c
3-
$3c
Black-Clawson
(quar.)__l_
2-15
37'/2c
.
(interim)
pfd. (quar.i_
common
3-16
1
$1%
Ltd,
2-25
(quar.)
1-30
1
3-
25c
2-16
^
Co.,
3-1
4-
37'4c
2-19
Wilsil, Ltd, (quar.I
3
AA'A'y'f'y,.'■?
(quar.)
_A._
(Philadelphia)—
Philadelphia Germantown
S3
BAi
8
t$2
.
(quar.)
3-15
preferred
3-
20c
pfd.
3-15
Grocers
(J.
preferred
$1,06'A
Brewing
Preston
Villa
75c
(quar.)_____
common
convertible
Bird
2-20
50c
Co., $5 pfd. (quar.)„____AJ.:__
preferred (quar.)_____;
Pratt
Telephone, 6A
3-10
3-10
' t25c
(quar.)
Steel
preferred
A
1
10c
25c
Kootenay Pwr. & Lt., 7A.
Virginia Pulp & Paper
'*
6
4-
4-1
v
(quar.)_;__
$iy2
1
1
Spinning Associates—
Bigelow-Sanford
,3-15
,
Fine
Bethlehem
7 A
4-
2-15
—
____________________
(quar.)__
Young-Davidson
Philadelphia
$6
.
1
2-10
15c
& Sons, 5 A preferred
(quar.)
Birmingham Water Works, 6 A pfd.
Co..
Coast
2-17
Mulliken
(Chariest
Berkshire
1
3-15
(quar.)
Inc.
3-
1A
4-
2-15
3-10
$$2(4
Inc._..
Mines,
2-27
3-15
25c
common
4-1
River
2-27
4-
(quar.i___r„c_-:_____37JAc
preferred
Berens
3-15
4-
y 75°
Pehnsyivania Salt Mfg. ;i'irregv)L2^A'_:;^iA^A';';;:s:y $1%
Peoples Drug Stores tirregulari _____l__'___„ •
25c A
Peoples Water & Gas, $6 pfd. (quar.)
$ 1 VA
Stove
3-10
3-
50c
$4 non-cum.
conv.
preferred (accum.)_A_
Pennsylvania- Dixie'Cement Corp.—
$7 conv, preferred series A (accum.)„_j_
Perfection
3-
3-20
•
1
$$2(4
_____________
3-15
1
2-13
1
3-
$l'/2
Co.____
3-15
Wood Newspaper Mchy„ $7 prior
pref.(quar.)
-
Mills,. Inc.,
Mfg.
10c
2-20
$1.20 preferred class A
Co.
2-25
1
3-
1
$$1(4
96(40
3-
Penick & Fordi Ltd: (quar.)
Penn Electric Switch—
"
Penn Investment
2-25
1
3-
$1(4
Belding-Corticelli, Ltd. (extra)
fielding Heminway Co. (quar.j__.__
Belknap Hardware & Mfg.
1
3-
2-20
37(4c
cumulative
$1.50
4-
1
_
.
(accum.)_
!_
1
Beaunit
5
<quar.)_
Belden
3-
1
pfd,
(accum.)
3-12
50c
Juice
5
$154
pfd.
Paper, class A
Ties,
3-31
6c
________________
Brummell
4-23
Grape
2-13
3-
(quar.)_
&
$4.50
Pictures, $3.85 pfd.
2-19
$1'4
$5
Inc.
3-31
2-17
(quar.)
Power
Cigars,
4-23
Bros.
3-
8
3-1
5c
(quar.)____
(quar.)
$1
4-
Page-Hersey Tubes (quar.i
Parkersburg Rig & 'Reel Co., com. (irreg.)__
$5.50 preferred (quar.)_^____„___.Ai;__jiA :
Cos..
Bathurst
A
.
3-4
'
1
class
(initial)_LL___
com:
3-10
3-
!$1(4
3-1
Railroad Co.,
2-26
Selig Mfg. Co.—
3-15
' 4$iy4
•
Paraffine
$1.20
2-20
3-24
4-
50c
(quar.)
(resumedi_
Development
2-27
&
60c
$iy2
25c
Gas
Pacific
(quaK)_________„___vi_;,j;£.
1
*
Barlow
3-
preferred
3-10
2-19
15c
(quar.)_^._
(quar.)
Co.
3-15
;
4-
3-31
$l3/4
<&,
^
*
2-15
$1.05
•,
Oil
preferred
2-27
Ltd.,-
participating
Quarterly
Barnsdall
convertible
White
2-27
Confection, $2(4
(accum.).:
1
4-
(irreg.)
common
Banque Canadienne Nationale (Montreal)
5
$5
Williams
3-26
7A
-
.
1
West
2-24
4-
Oneida,
pfd.
West
2-20
3-
25c
Ohio
$7
common--
Washington Water Power, $6 pfd.
<
A pfd. (quar.)A___
(quar.)_____l__A__
6
Ltd.
3-
$7
West
(quar,)
Utilities,
Flour Mills,
3-10
20c
1.accumulated
2-15
3-
50c
Scotia
2-1
Welch
3
$$1(4
Ogilvie
Toronto
Beau
Warner
3-20
;
Nova
of
3-15
Light,
3-12
41'Ac
(quar.)_;
7A pfd. (s-a)
Works,
Montreal
of
Bank
preferred.
Wacker-Wells
Building' :(S-ai______;A__A_A__
3-10
:
of
Bank
Bayuk
4'/2A
3-10
1
Bank
2-26
3-15
________
4-
3-5
2-26
3-31
Co.,
3-15
J4c
(quar,)_
3-15
3-31
&
1
Corp.
Hydro-Electric,; 67<
preferred
4-15
Pump
2
11-
15c
fquar.)__
3-15
4-1
,
41%c
Extra
4-
7 A
2-24
Wabash
5
71 %c
2-27
6
■.
(quar.)$1
Gas___
Apreferred
1
3-15
3-
Power
8-
62(4c
preferred
Bangor & Aroostook RR.,
$5 preferred (accum.)
7-1^^20
$2.40
of
shares
75c
Northern States Power Co.
Northwestern
share
50
(quar.i
Pennsylvania RR. Co.
Northern
(one
each
(qUarL—01
preferred
preferred
common
stock
1
3-15
preferred
preferred
62V2c
__
(quar.)
.
Show, Inc.,
preferred
3-
$6
2-28
4-
North
4-
6 A
2-20
Viking
2-15
3-10
3-15
Baltimore Radio
:■
2-20
Utah
2-27
1
3-15
L
2-26
Newmont Mining
1
4-1
•
3-12
England Tel.
York
3-17
4-
Products
convertible
35c
Upson-Walton Co.
1
20c
Ltd.
Baldwin Locomotive
3-15
5-1
3-1
3-10
•3-26
New
New
Newport
3-1
v
3-31
10c
(monthly)
1
1-29
Automotive Gear Works-
50c
—_
4-17
(quar.)75c
preference
National .Grocers
National
common
(quar.i__„,_-__-______^____J__;__,
convertible
preferred
2-20
3-12
25c
Mines,
Automatic
Bangor
(monthly)
1
4-
Co.
2-22
3-
preferred
■
2
3-
75c
2-22
35c
__________
3-
5-
Co
4-15
;
--
(quar.( :',":
2-11
2-11
75c
4-15
^75c
W
1
1
$1(4
Corp.
Aunor Gold
33-
62 (4c
(quar.)__
2-27
______
6-17
9-28
______
(accum.)
1
5A
Press
Atlas Tack
1
(monthly)_________________
565/bc
Toronto Elevators, 5y» A
pfd. <quar.)
'
t65c
Tuckett Tobacco, 7A' preferred
(quar.)i_il-A
Twentieth Century-Fox Film, com.
<irreg.)_
25c
$1.50
convertible, preferred
(quar.);
37V2c
Tyler Fixture Corp. (irregular)
10c
United Elastic Corp.
(increased)
35c
United Illuminating Co.__
50c
United States Envelope, common (s-ai_
$2
7 A
preferred .(s-a).___A_j__i^__AA^____ -A-;
$3ya
United States Potash, 6A
pfd. (quar.)_____
$iy2
3-18
$1V'2
—.A--—'-.
(interim
Edison,
Atlas
3-10
3-
preferred
50c
6'r
"7A
(quar.).
preferred
Inc.
Powder
3-12
25c
3-15
10c
A
(quay)__
common
50c
$1.40 convertible preferred
$1%
6'Apreferred
;
pfd.
Atlas
3-31
68%c
Company (quar. i_
,
Roofing, common (irregular)
Tilo
2-27
America—
(quar.i
(quar.)
conv.
3-10
1
4-1
$iy4
(quar.i
Texas
$2(4
preferred
preferred
5y2 AA
common
-
$1%
(quar.)________________—,
(.quar.)___________i,___:____
James),
6 A
4-
_—._—20c
5A
3-15
I
3-26
Si.65
3-15
$1
3-31
Corp.,
j:3c
1
preferred
Atlas
7
$4(4
Atlantic
3-26
4-
ll'/a
(quar.)
$3c
4-
75c
.
(accum.)
preferred
6'f
1
2-23
2-19
Corp.—
$2.50 prior preference (quar.)
$2.50 prior preference (quar.)___.
Refining Co. common (irregular)
2-20
1
1
1
$1%
—
preferred
30c
;■
3-
-34%c
:
—_
Murray
3-15
Co.__AA,____^__A-.„___i___A
4-1
t$7
-
2-15
1
4-
__
7 A
preferred
(accumulated)
Monarch Machine Tool Co. (Irregular)
Monroe Loan Society, 5(4A pfd.
(quar.)
:*
Montreal Cottons/ Ltd.', common
(quar.)__^'/;
2-23
1
4-
(quar.).__^__:
$1%
6%
preferred
(quar.)____J__c,___—$114
6A series of 1940 preferred (quar,i__
w.
>• $1(4
$6 junior preferred (quar.i
SIV2"
Mock, Judson, Voehringer Co. (quar.)'-—25c
Molybdenum Corp. of Amer
:
12'/2c
Monarch Knitting Co., Ltd.—
1
34-
25c
preferred
Paper
6 A
$2.50 prior preference
3-31
(Frederick) & Co., common_„:ii__-__
A! 25c
5A participating preferred
(quar.)A
$iy4
Strawbridge & Clothier, $5 pfd. (quar.),_
$1'A
Sunray Oil Corp., 5y2A conv, pfd. (quar.)
68y4C
Sunshine Mining Co.
(quar.)
15c
(quar:)
Light,
3-20
Stearns
preferred
Gas
3-
25c
-
1
8
3-
3-
$1(4
2-26
$6
■
(quar.)
preferred. (quar.)
3-20
Participating
3-2
>
preferred
3-15
•preferred
Standard
2nd
Atchison Topeka & Santa Fe, common
Atlanta & Charlotte Air Line Ry. (s-a)—_
(quar.)
2-
50c
__
4-13
Co.
2-20
1st
7A
(year-end)
common
3-
Oil
2-20
$12'/a
.
6A
4-13-4
Dry Goods
4-15
(Dallas)
Co,
5A-
Associated
3
$1%
3-15
Oil
Standard
3-4
3-
3-15
$1
—
10c
Standard
3-20
$1(4
_____
Staley. (A. E.)
3-20
4-
25c
_-r—
4VaA
2-20
25c
(quar.)
(quar)___
7 A' preferred
Corp.,
35c
Life Insurance
Standard
1
3-
$2
Oil
1
(interim)
common
convertible preferred
Mfg. Co., $5 pfd. (quar.)
$1'A
(Ky.) (quar.i__^„____25c
Southwestern
?
McKenzie Red
&
3-20
25c
(quar.t.
Sugar Refining & Molasses
4 A
Artloom
3-
50c
Cork
Armstrong
of Ree.
4-1
87V2c
_
Holdera
725
4-15
3-17
6-16
25c
7-15
25c
10-15
50c
2-24
2-
(quar.)
$1(4
3-1
2-15
preferred
(quar.)
$1(4
6-
preferred
(quar.)
$1(4
9-1
8-18
preferred
(quar.)-.
_____________—_—______—.
—;
—
Copper Co
Ice &
Fuel
________
Orleans
Co.,
6(4preferred
& Texas
9
Pacific Ry.—
1
5-15
30c
3-
1
2-15
City of New Castle Water, 6A
35C
3-
1
2-18
City Water of Chattanooga, 5A pfd.
pfd.
3-13
2-15
12-
—
—
$4.64
3-31
3-.1
$1(4
(Chicago)
Quarterly
1
11-15
$1%
______
common......—
(quar.)
City National Bank & Trust Co.
9-15
$1
5-
1
4-20
(quar.)_
$1(4
3-1
2-11
(quar.)
$1(4
3-1
2-11
THE COMMERCIAL & FINANCIAL CHRONICLE
'26
Cleveland
Tractor
Counties
1st
5%
Co.
Gas
preferred
Collateral
Golden
50c
(quar.)
3-
I
2-10
Goodyear
2-25
2-10
Stores, 5To
(quar.)"
Fuel
Commoil,
Iron
&
Ltd.
System,
3-
1
2-16
Grand
3-
1
2-20
Great
Lake
3-
1
2-20
Great
Northern
30c
class A
3-
5
2-19
Griesedieck
3-
5
Swift Internacional
Compania
preferred
Power
Connecticut
River
Consolidated
Co.
50C
(quar.)
Consolidated
Cigar
Edison
Consolidated
Paper
(quar.)
Corp.
of
3-15
2-5
1
2-
___
62'/2c
3-
1
2-15
(quar.)__
$l'/a
3-
1
Can
Co.
(interim)
Cork
7 A
Culver
4'/2 %
1
2-17
3-
1
2-17
3-
1
2-15
Hazel-Atlas
2-10
Hecla
pfd. (quar.)
$1.25
3-
2-13
Hobart
3-.1
1
Cuneo
.»
Publishing,
Oushman's
RR,
$4
preferred
Supply,
(accum.)
5A
pfd.
____
7A
preferred
(quar.)
(quar.)
___
preferred
&
Detroit Michigan Stove,
5 A
preferred
5%
Co.
Diamond
Match
Co., common
Honey
7%
2-20
Horn
50C
5-15
5-
8-16
8-
8-12
25c
3-
1
2-11
Inland
$2
3-
1
2-11
Inter-Ocean
Corp.-Seagrams, Ltd., com (quar.)
pfd. (quar.) (payable in U. S. funds)_
(quar.)__
Dominguez Oil Fields (monthly)
Dominion & Anglo Investment Corp.—»5A
preferred (quar.)_„
Dover
Rockaway RR.
Dun
&
Duro
Shoe,
Test
Quarterly
2-25
1-30
International
3-
1
2-20
3-
1
2-20
3-
1
2-22
Jarvis
3-
1
2-
Jewel
(quar.)
Corp.
__
Mitchell
2-25
2-15
Monarch
62'Ac
3-
1
2-
Monomac
$1.50
3-
1
2-15
8
class
Nickel Co.
7%
1
Lock
.Eagle
East
St.
Co
Louis
4'A7c
3-31
common
preferred
2-11*
2-17
Jones
2-17
5%
cum.
Class
A
4-
1
3-15
5%
&
cum.
class
1
3-15
7 A
preferred
(quar.)_1_;,j____i_^_;_„„i_____
Service, $6 pfd. (quar.)
preferred (quar.)
Eastern
Steel
Eastman
6A
Elgin
Co.,
7A
Ltd.
preferred
6
io
3-
2-18
Kresge
3-1
2-18
Kress
1
75C
3-
3-15
3-
67o
6-
1
5-22
9-
1
8-21
$1.25
12-
1
11-20
3-31
3-20
Co.
&
25c
_;-
50c
3-
1
3-10
2-26
2-18
1
2-15
$2'/a
$ 1 '.'2
25c
First
National
Bank,(Mt. Vernon, N. Y.)—
Pittsburgh
'
Nashawena
Nashua
5-
4-17
1
4-
6
6
3-
4-1
3-
1
3-
5
3-15
3-
4
3-12
Common
Common
$4'2
preferred
Flprida
7 '.'c
Power.
preferred
Pitt
Fort
Foster
7A< preferred
(quar.)
Bridge
Wheeler
67c
Bryant,
7%
Inc.
com.
Le Tourneau
Secord
(interim)
3-15
3-
3-
1
2-15
3-
1
2-15
3-
11
2-
5
$i'/4
1
Class
3-
1
2-18
Lincoln
2-25
2-11
7',h
$5
Cigar Co.,
common
(quar.)
preferred (quar.)
Motors
preferred
General
Cash
Corp., common
(quar.)__
Shareholding Corp., $6 pfd. (accum.)
44/ 1000th share of common stock
or
1
3-
1
3-
1
10c
4-
25c
(quar.)
12 '.A c
3-
1
2-15
17 Ac
3-31
3-15
37 Ac
75C
25c
SI A
50C
8-31
3-10
3-15
3-15
3-
3
2-13
3
2-13
3-12
(quar.)—
8-16
11-15
3-15
$1%
___
25C
preferred
(accum.),_
.
1
6-15
3-
1
Co
Candy Shops (quar.)_________
G.), common (quar.)
(R.
______
________
$1'A
5-
1
4-
$1 Va
3-
1
2-1G
5
1
20c
A
8-
/
6
—
•••
Casualty Insurance
Corp. (quar.)
Myers
B
Tobacco,
(quar.)j__:
Nat'l Life
Insurance
(Ind.)
3-15
2-15
6-
3-
1
3-
1
1
2-
8
8
3-
1
2-13
preferred
A
preferred
(quar.)
preferred
York
Air
$l'/a,
(quar.)—■ 25c
(quar,)___
(quar.)—
Co.
World
Life
A
&
Gas
——_______
Mines,
Ltd,
77c
preferred
(quar.)
6'/27c
Lionel
preferred
Corp.
2-20
Northeastern
3-
50c
Water
&
—
Northern
Northwestern Public Service, 7%
(quar.)_
75c
3-
1
2-
9
3-
1
2-
(quar.)_
30c
5-
1
4-24
69c
9
8-
1
7-26
1
(quar.)
$2.50
3-
1
2-20
3-
1
2-
$l5/a
_
2-23
50c
(s-a)
1
4-
15C
(quar.).
5
(quar.)
77c
preferred
Oil
Power
Co.
67c
Ohio
2-11
Ohio Public Service
2-27
2-11
1
2-10
3-
1
2-10
2-27
2-12
Co.
67c. preferred
77"
preferred
2-
1
$1%
3-13
$1'A
3-
1
2-
5
$1.27'/2
3-
1
2-
5
3-
1
2-
!>
2-19
30c
$l'/2
3-24
3-12
50c
5-15
5-1
8-16
8-
2
11-15
11-
1
3-10
2-15
3-
1-26
2
$$i
3-15
2-20
$2'/2
3-19
2-27
$10
2-26
2-10
2-26
2-19
3-10
2-24
3-
4'A7c
1
2-15
3-25
2-20
$1%
3-
1
2-19
3-
1
2-19
87'/2c
4-
1
3-18
3-10
2-19
3-
2-13
50c
15c
71/20
(quar.)
preferred
5 7"
$$1.50
$$1%
preferred
3-15
3-
(quar.)
(quar.)
1
$25c
77c. pfd.
Nu-Enamel Corp.
(quar.)
Ogilvie Flour Mills, Ltd.—
Ohio
2-19
1
1
$l'/2
(irregular)
pfd. (quar.)
—
Rubber,
2-27
$25c
25C
&
Co.
hJNova Scotia Light & Power Co.—
67" preferred (quar.)
.
,
3-
Tire
2-19
3-
$x
Gas
Norwich Pharmacal Co
2-23
$1%
(quar.)
Natural
preferred
Norwalk
10-25
1
preferred
3-10
Electric—
1
$4
3-
50c
25c
—
(quar.)
2-
(quar.)
Groceterias,' Inc
Insurance
2-19
Texas, $5 pfd.
(quar.)__.
Loblaw Groceterias Co., Ltd., class A
Class B (quar.)
;
(accum.)
River
4-15
$1
(quar.)____
(accum.)
B
3-15
15c
Loblaw
A
preferred
North
1
$10
common
preferred
3-13
5-
3-16
Corp.—
2-11
(quar.)
Linen Service Corp. of
Link Belt Co., common
Car
$6
3-15
2-20
1
2-13
25c
—
$6
1
5
4-
1
50c
(irregular)
Norfolk & WesternRy.,
4-
2-16
3-
50c
—
Corp.
American
1
$iy4
(annual)
Mills
North
1
3-
50c
(quar)
Noranda
2-27
4-
Corp,—>
(quar.)
Co.
3-15
7-31
50c
;
Insurance
(quar.)
Electric
3-
3-
7
$l'A
;
Co
Electric
preferred
$1
11-
8-16
60c
—
(irregular)
Brake
State
25c
30c
2-20
2-
7%
1
(quar.)
2-19
2-13
62Ac
30c
common
1
1
Nonquitt
9
30c
Inc.,
2-20
3-
3-
Co.
3-1
Quarterly
Lincoln Stores,
1
$13A
Power
Class A
2-9
3-
2-26
3-
(quarZrZ
Noma
2-15
25C
2-18
1
2-
Class
3
$l'/s
3
3-
50c
Niagara Share (Md.), 67o preferred A (quar.)V.
Nineteen Hundred Corp., class A'
(quar.)___
b
3
$20c
3-
3-15
3-15
New
2-17
3-
:
3-
3-10
Quarterly
$l'/»
$1%
3-25
4-1
75c
common
7-23
10-20
1
$l'/2
5.107o
2-15
3-11
$1%
2
4-
25c
15c
(quar.)_
8-
10-30
2-27
4-21
$2'/2
—
40c
(Tenn.)
1
1
$3.50
Co.^
New Jersey Zinc
5
2-23
8
3-
45-
Union Fire Insurance—u—_
New
5
6-
3-24
2c
Newport News Shipbuilding & Dry Dock, com.
$5 convertible preferred (quar.)
New Amsterdam Casualty (N. Y.)
(s-a)
11-5
3-
9"*
3-24
2-20
20c
______
(quar.)_
pfd. (quar.)—
preferred A (quar.)—
Corp., $7 pfd. (s-a)_
2-
1
4-
$l'A
57c.
5
5-
2-27
3-15
$1
50c
Neisner Brothers, common
Newberry (J. J.) Co., common
3-20
25c
50c
2-15
3-12
& Type, 87c preferred (s-a).
Standard Co. (quar.)— _____—j_—
67c
5
$$1
6-11
1
3-7
.
2-15
$50c
$50c
1
3-
25c
$4.50
7%
2-10
3-
4-15
National
2-15
3-
5-15
25c
2-11
3-
15c
National
2-15^
1
$1%
2-11
4-17
.
3-15
62 Ac
preferred (quar.)
(H. D.) Mercantile (quar.)_____
Lehigh Portland Cement, 4% pfd. (quar.)__
Leslie Salt Co. (quar.)
Lexington Water 7 7o preferred (quar.)__
2-18
General
3-
$30c
_
Lee
1
Corp.- (quar.)___________
5-1
2-25
25c
(s-a)
Oats
Nebraska
Leath & Co. $2,50
3-
'
Chicago
;
35c
American
5
3-13
$1%
$4V2 convertible preferred (quar.)
Liggett &
General
2-
1
2-17
9-15
General
1
4-
2-27
1
5';.
3-
25c
10-
pfd. (quar.)
(quar.)_____(
convertible preferred (quar.)
50c
;$1A
,
2-13
2-23
30c
—
National Paper
(accum.)
3 7'Ac
5'"
2-26
3
(quar.)
common
3-13
3
prior
Industries,
preferred
15c
,
(quar.)_„
Savers
Wood
$5
National
9-
&
Car
Co..
2-26
12-
Life
Co;fir.ckle (Julius),
National Gypsum
2-26
2
1
50c
Co
3-11
:
2-15
33-
2c
Box
National Lead Co.,
9-11
Laura
2-15
1
2c
Quarterly
Folding
National Linen Service
12-11
5
1
3-
1
50c
Quarterly
National
2-15
$50c
2-18
3-
(quar.)———
Welding Machine
2-10
$$1%
Machine
2-15
$13A
of
3-20
$50C
2-18
10C
Electric
Bank
2-25
(accum.)
Lanston Monotype
1
(quar.)—
Container
3-13
•
2-15
3-
50c
(quar.)
Blvd.
2-25
(accum.
3-
$1 Va
Fibres—
preferred
4-1
preferred
Life
-
preferred
40c
(accum.)_______
1
$l'A
Automotive
convertible
25c
(quar.)
3-
2-11
—
15c
preferred
3-15
(quar.)__
Paper
Co.—
25c
preferred
6-15
(irregular)
1
9
convertible
1
_______
Coated
$1A
(accum.)
preferred
convertible
1
Co.
22-
25C
conv.
3-
1
75c
&
National
2-10
3
convertible
4-
Gabriel
1
3-
2-26
7 (?)
7-
preferred
3-
$5c
7
37'AC
convertible
$1A
2-11
3-15
$81'Ac
Corp.—
National Cylinder Gas Co.
(quar.)
National Dairy Products Corp. (quar.)
3-15
87 AC
Co.
convertible
3 7 'A C
5 7
1
1
3-
2-19
3-
$2
N. Y. & Queens Elec. Light & Power, common
$5 non-cumulative preferred (quar.)_—___
(quar.)
(quar.)
4-
2-13
1
3-10
75c
_________
New York
(quar.)_
common
77c
3-
$1%
(quar.)—
4
prior preferred
Trailer,
(quar.)—______
4
prior preferred
Fr'ehauf
pfd.
2-27
25c
$l'/2
20c
9-
OA
preferred
$7
4
5-19
.
;
(quar.)——
pfd. (quar.)—
Utilities, Ltd.—
National
2
3-
$1.75
3-31
Corp.—
______
11-23
12-
15c
25 c
1
9-15
6 A
6 ?r
3-15
2-27
$1%
_T___
12-
-
National Bearing Metals (quar.)
National Biscuit Co., common...
Vi'- ,3-1
1
8 7'Ac
(quar.)
Works
A, 3-12
lr
2-23
$1 Vb
A
8-26
$1
^
12-15
Lane-Wells
'
25c
(quar.)____.
5-26
1
$1%
3-31
1
2-23
1
9-
$1A
3-20
1
1
6-
(quar.)____.
1
3-
3-
$1
)■,
(quar,)__
4-1
3-15
$1
Society (quar.)
(quar.)
4-
3-
2-15
preferred
$ 1 V2
25c
3-
preferred
Lane
25C
6c
Mills
Acme
National
5
77o
(irregular)
2-28
$31'Ac
preferred
2-15
4-
5-10
3-15
(quar.)__
(irregular)
7 70
3-.1
40c
1
77c
3-15
3-15
$2
__
(quar.)____
6-
77c
5
3-31
Langleys Ltd. 7%.
Dredge & Dock (quar.)
common
3-15
25c
1
:
_________
(quar.)
3-
$2
conv.
National
(quar.)
77c' preferred
3-15
4-
$l'/4
(quar.)
3-15
.
:
Co.,
$iA
,
(quar.)_______i____
common
Corp.,
Gummed
National
5
4-
15C
(quar.);
(quar.)
Milling,
(quar.)
2-15*
Co., Inc.—5c to $1 Stores-
Simons & Connell
pfd.
Woods
Machine,
$l'/2
Quarterly
Flintkote
the
preferred
3-31
25c
(quar.)
of
7 7c
$l'/2 '
:
First National Bank of St. Louis
Lake
3-31
1
5-19
1
Corp.
preferred
2-12
50c
common
3-
4-1
2-19
1
6-
'
Lamson & Sessions, common
$2.50
preferred
(quar.)
$ 1 ''2
(Hartford) : (quar.)
—.'
,
1
6-
;
$2 class A
6'/2 7o
1
8
3-
Mortgage
Nanaimo-Duncan
3-
$1.25
,
Landis
_
of
3-
25c
Bank
Bank
3-18
(Syracuse,
National
(M. H.)
2-11
1
2-15
3-
50c
—
Mfg.
2-26
$1.25
common
Superior District Power Co.—.(v*-.
preferred (quar.)
5%
1
$2.25
(quar.)
Acceptance Co., 67o pfd.
Corp
3-20
$1,061/4
,
Lake
4-
Wheel
30c
Mines
special preferred
;
1-25
$2.25
(Philip)—See Philip Morris,
40c
_________
Kroger Grocery & Baking common
67c preferred (quar.)
7% 2nd preferred (quar.) -
2-13
4-
25c
(quar.)
Quarterly
3
2-27
3C
'(quar.)___-_„____,__,,:,w____.__v__,;:'
Shops
3-
15C,
(quar.)___
common
1
25C
(quar.)
Corp.,
(s-a)_
3-
•
Co.
2
87'/2c
Muncie Water Works, 8% preferred
(quar.)
Murphy (G. C.) Co. (quar.)
Muskogee Co., 67c preferred (quar.)
Muskegon Motor Specialties—--v• V-Z
1
3-10
50c
Creamery, 60c preferred (quar.)
(S. S.) Co. (quar.)_______\_^____^__
H.)
&
2-
(D.
(S.
Loan
3-
(quar.)
junior pfd. (quar.)_
(interim)
7%
Gold
3-
(s-a)__—
$1%
25c
2-15
$1
$1
C
pfd. (quar.)
25c
2-19
3-
(s-a)___—v
Quarterly
2-19
2-18
3-15
Quarterly
1
2-18
(s-a)
Plan Industrial
3-
2
3-10
$i'A
Motor Finance Corp.
Knudsen
$1.25
First
FUz
Klein
3-15
(quar.)-..
____________________
Utilities,
(s-a)
Spinning Co.__
Motor
(G. R.), $5 prior preferred
Emil) (quar.)
;
3-20
2-19
Light & Traction, $6 pfd. (quar.)__
Federal Mogul Corp, (quar.)
Field (Marshall) & Co., 6 A pfd. (quar.)
6 A
2nd preferred (quar.)
__;
Firestone Tire &' Rubber,. 6 A, pfd.
(quar.)
National
Kinney
3-
1
3-31
25c
_
Federal
First
6
3-22
1
Insurance
Motors
$6 partic. pfd. A
Co.,
4-
$l3/4
Farmers & Traders Life Insurance
Fuhman
Kerr-Addison
1
Morse
Bake
Kentucky
5
3-
Brewing
N, Y.)
Kendall
5
3-
60c
Famous Players Canadian Corp., Ltd.—
.
2-15
3-
$1.25
preferred
Federal
1
1
1
75C ■>
(quar.)
(quar.)
Eversharp,. Inc., 5 % preferred ((quar.)
Fajardo Sugar Co. of Porto Rico (quar.)
Fairbanks
3-
!
Quarterly
60C
5
3-
2-19
2-
Mullins
3-
1
2-20
5
1
3-12
„
1
3-15
(quar.)
convertible preferred
4-
$1.25
preferred
Falstaff
77o
4-
(quar.)_____
preferred
$5
2-10
—
3-
1
3-1
4-
50c
(quar.)_
3-
3-
1
5
$i'A
Towing
3-31
5
3-
2-13
Moran
50c
I
3-
1
3-18
2
Ltd.—
3-
1
4-
1
2-
3-10
3-15
4-
50c
common——
1
2-27
(Julius) & Co.____,
Keith-Albee-Orpheum Corp.—
2-10
1
25c
50c
$2
Co.,
1
2-19
Kayser
2-11
1
25C
Mfg
common
____
$5
1
(accum.)—
I
2-18
3-
1
•
5%
pref.
2-26
4-
3-10
(quar.)
Power,
30c
(accum.)
3-
6
Department Stores—
$25c
(quar.)
preferred
$5
Electric
convertible
$1'A
__
Ely & Walker Dry Goods, common tquar.)
Erie Railroad Co., $5 preferred (quar.)
''try
3-
3-
5 7c
$l'/2
tquar.)
„
Co._j.___^„_i________
&
Natural Gas,
2-11
3-
,
$1%
(quar.)
common
Watch
Controller
Paso
$l'/2
;____
tquar.)
National
Electric
El
Products,
Kodak
preferred
1
Kansas
2-15
3-
$1%
Eastern Shore Public
$6.50
2-25
$1%
3-20
25c
$1A
(quar.)
Vegetable Parchment Co.____
Kalamazoo
3-
3-31
$1.50
Morris
B
4-
3-10
$1.75
3-
4-
2-20
35c
Co,____—t$2'/2
&
preferred
Morris
1
2-18
Montreal
2-27
2-15
3-
3-18
2
50c
3-10
1
2-
2-11
6-20
4-
6
3
8
$1
3-
3-
I
7-
1
$4
3-10
9-
1
1-30
50c
I
5
1
3-
1
8
1
6-
3-
(quar.)__„_
(quar.)
Laughlin Steel Corp.,
Kaufmann
(quar.)
Life
3-
5
9-
I
5
6*
$1
3-
3-1
3-
9-
$1.06
7 A To
(quar.)—
2-27
Water—-
preferred
S.)
1
6- 1
5
50c
$4.50 preferred A
$4.50 preferred B
(irregular)
Co.
Co.
3-10
25C
Interurban
&
6%
(J.
5
6-
9-
81'Ac
(quar.)
1-30
Sajfety Razor, class A (quar.)
B.)
(W.
Tea
25c
-
$1%
preferred
1
A
Canada.
2-15
3-
(quar.)
3-
50C
of
1
5
Monroe Chemical Co., $3.50 preferred
(quar.)
Monsanto Chemical Co., common (quar.)—
'
•
5%
1
2-15
1
3-
25c
preferred
7A%
(U. S. funds less Canadian tax)
•,5c
________
:
3-22
1
5-
3-
Utilities, common
preferred (quar.)
2-11
(s-a)__
$2
25c
37 Vac
(quar.)
67c
2-
2-26
25c
Missouri
3-31
International Silver Co. (reduced)
Interstate Hosiery Mills
(quar.)
Intertype Corp. (irregular)
Jaeger Machine Co
50c
4-1
Corp.,
International Harvester Co.,
2-15
$50c
(quar.)
Inc.
preferred
8A
preferred
2-15
$3
77c
2-15
2-15
2-15
$1.37'/2
(quar.)
(quar.)
preferred A (quar.)—;
preferred B (quar.)
3-1
.
4 7o
t$l'/a
.—
9
2-11
4
3-
$1.50
Common
V
2-26
1
(quar.)
.■
Products
$1
$1A
International Business Machines
Ltd.—
(s-a)
2-
1
1
1
6-
47c preferred series B (quar.)—
4'A % preferred series C (quar.)
Mississippi Valley Public Service Co.—
$1
1
t$l%
______
3-
$1
3-
1
3-. 1
3-
25C
Securities
2-26
$30c
__________
80c conv. prior pfd,,
& Tool
Bradstreet,
3-10
v4
2-15
1
2-
3-12
,
cumulative
non
$13A
Steel
International
pfd. (quar.)
(accum.)
(W, L.)
Duplan Corp.,
4-15
1
3-
Steel
68%C
Quarterly
Ingersoll-Rand Co,
& Carton—
Douglas
Doyle Machine
1
4-
$$ 1
(quar.)_
Dominion-Scottish Investments,
&
3-
5-
25c
__
preferred
3-15
$1'A
62'/2c
$55'/2c
A
2-15
Indianapolis Public Welfare Loan Assn.—
2-10
2-10
'
2-13
$1A
______
A
(quar.)
preferred
Common
3-15
$1'A
______________________
deposit rets, for ord. regis.
1
A_
1
2-27
3-
$55'/2c
(quar.)
convertible
$2
2-13
3-1
1
1
Corp. of Calif.—
(quar.)_____
2 A %
Amer.
1
-
5
4-
33-
15c
Miller & Hart, $1 prior pfd.
(irregular)
Minneapolis-Honeywell Regulator—
2-11
3-
3-10
25c
preferred (quar.)—
$2
2-15
-
$1A
2-27
37'/2c
2-21
2-25
83Ac
(quar.)___
—
Ordinary registered
1
A
preferred
partic.
2-27
45C
(quar.)
3-15
75c
(quar,)______,
Michigan Sugar, 67c preferred
Midland Oil Corp.,—
2-15
3-15
40c
—
pfd.
Mines
2 A 7c
5
3-12
77c
Imperial Tobacco of Great Britian & Ireland
2-15
3-
5
(quar.)
non-cum.
5
50c
3-15
$50c
(quar.)—
6%
Illinois Zinc Co.
1
3-
6 A
3-13*
1
25c
1
12-23
3-
9-:
preferred
4-
(accum.)
A
10-
1012-23
75c
7 A
2-15*
$9
1
75c
Dominion Envelopes
2-15
2-25
'
7-
(s-a)
Dominion Foundries & Steel,
2-25
87c
cFass
1
2-15
$1.12'/2
Metal Textile Corp,—
$3.25 participating preferred (quar,)___„
Metal & Thermit, common
(irreg.) _________
Midland
7-
(quar.)—
(quar.)
2-15
__
(s-a)________
Ltd.
2-15
1
Hummel-Ross
preferred
Bridge Co.
1
2-15
$13A
30C
6
3-
Huntington Water,
-
4-
2-15
1
2-15
2-16
$1%
2-11
1
4-
1
1
4-20
3-
—
4-
67c
3-
(quar.)
4-
1
3-
3-
5
5
2-15
3-19
(quar.)
30c
preferred (quar.)—
30c
67o preferred (quar.)— ______30c
Merchants Nat'l Bank of Chicago (s-a)
$3
Merritt Chapman & Scott—
'-b'1;
6'/2% preferred (accum.)—,
$1%
2-15
1
1
/'■
preferred
3-
2
3-
Acceptance
preferred
37 AC
class A
$13A
3-
3-1
preferred
Dominion
6%
3-12
3-
$1.25
11-15
Distillers
-
preferred
5 7c
25c
12-
(quar.)
class
57c
2-17
1
non-cum.
participating
Co.,
2-17
1
25c
& Hardart
participating
Vortex
1
3-
3-
Ltd.
C.)
6 A
5A
2-15
3-
5
4-
& Co.
preferred
preferred
30C
Electrochemical
(A.
6 A
Dixie
1
25c
$1.80
Dew,
Hooker
Horn
3-15
$1%
Dictaphone Corp., common (irregular).
8A
preferred (quar.)___
______
3-
5"/c
5
8-
11-
50c
$5.50 cumulative preferred B
Mercantile
25c
75c
—
Alkali
2-15
(quar.)
5-15
pfd. (quar.)_
Diamond
2-11
,3-5
1
25c
8-16
(quar.)—
(quar.)
1
3-20
(quar.)___^_______.l_
Manufacturing Co.
25c
5-
8-14
$55'/2c
cumulative
Brewery
Co. (quar.)
(G.)
(Henry)
1
4-
50c
pfd.
$6
1
6
$1%
(quar.)___
common—
3-
$1.50
9-
—
Mfg., 6%
3-
Porcupine
40c
25C
6-
__
(quar.)
Gasket
2-13
$1'A
._
_____________
1
5-15
2-
11-15
$i'/2
Quarterly
Mead Corp.,
3
Co.—
(Marshall)
25C
75c
(quar.)
3-
Mclntyre
2-15
$l'/2
Masonite Corp., common (quar.)
4'/a%> preferred (quar.)
May Department Stores Co.___
3
3-
2-26
$l'/2
&
87 Ac
(N. Y.), 5% pfd. (quar.)
Fibre, 6% preferred (quar.)__
6% preferred (quar.)___
77c
preferred (quar.)—_______—
Hussmann-Ligonier, 5'/2% preferred (quar.)
Huyler's, $2 conv. partic. 1st pfd. (accum.)_
Illinois-Iowa Power Co., 5% pfd. (accum.)
Illinois Municipal Water Co., 6 % pfd. (quar.)
—______
preferred
preferred
8
2-15
1
35c
—_____________—
7 A
7 A
3-
1
3-
75c
(quar.)
7%
3-15
$1 Va
(quar.)
3-
Field
3-15
25c
Co.
Field
50c
(Charles E.)
Holt
1
4-
t$l'/4
(quar.)
Common
2-10
$1A
.
(quar.).
2-10
1
2-18
,
3-15
$10C
75c
Common
1
3-
$5c
7-22
3-
$ 3 Va
(init. quar.)
common
Common
Detroit
8-16
75c
pfd.
Dayton Power & Light, 4V2 % pfd. (quar.)__
Deere & Co., 7% preferred (quar.)__________
Dentist's
3-
pfd. (accum.)_____
Hollinger Consolidated Gold Mines, Ltd.—•
8
Mfg.
Marshall
3-20
3-18
$1 Va
,
(accum.)
7 A
Dairy Corp of Canada,
2-
3-31
ioc
,
(quar.)i-
pfd.
prior
Inc.,
Sons,
2-27
$2
v
(s-a)___________
Marion
3-20
Holeproof Hosiery, 6%%
$1.75
—_______
Inc., 4'AA
Press,
Curtis
Clinton
Port
Co.
$2
Mapes Consol. Mfg. (quar.)—
8
Co.1 (quar.)
Mining
Heilman
(quar.)
5
2-20
1
—
Glass
(quar.)
77o preferred
(B.)
3-
1
Haverty Furniture
Hawaiian Pineapple Co., Ltd.^.____________™
t$l3/4
2-17
3-
$l'/2
2-
3
50c
3-
1
_
;
3-
$1.12 A
$1
preferred
2-17
3-
$2
(quar.)_,
3-15
25c
(quar.)_____
20c
Hires
preferred
pfd.
conv.
convertible
(quar.)
preferred
of Rec,
1
(irregular)______
2-25
50c
—______
Hart-Carter,
cum.
preferred
67o
Harshaw Chemical Co.—
2-27
8%
6%
50c
2-25*
2-26
(quar.)
Manischewitz
1
—
2-15
3-1-5
Forster,
&
(quar.)_,
1
3-15
preferred
&
2-11
3-
•
3-15
Crum & Forster Insurance Shares Corp.—
Crum
1
4-
;
_______
3-
$ 1 Vi
conv.
3-
$1'A
(quar.)
(quar.)
25c
87»/2C
Corp., $5
Paper,- common
3-15
3-31
5
56'Ac
Crown Zellerbach
2-25
4-
—_
2-18
2-
(quar.)_____
pfd.
$2.25
2-11
1
25C
2-11
2-15
1
Inc., $3 'A pfd. (quar.)
preferred (quar.)____
&
1
3-
34%C
common
preferred
Seal,
Co., 5%
*.*»•»*•
3-
Holder•
3-
$2
Manufacturing & Sales Co. (quar.)
Madison Square Garden Corp.___
Magnin (I.) Co., 67c preferred (quar.)_,
1
13%C
1
50c
Creameries of America,
Crane
(quar.)_____„
(quar,)._.
(James)
77o
RR
15c
________
3-
Hanley
1
Nashville
Payable
$l»/2
Ludlow
See
2-24
———____—
Crown
preferred
common
class A
&
40c
■
30c
____
(Chicago)
(quar.)
Cook Paint & Varnish, common (quar.)_____
$4 preferred (quar.)
Corrugated Paper Box 7% pfd. (accum.)____
Co,
5-15
Louisville
When
Bhare
'
(quar.)___
Manhattan Shirt Co.
_—
25c
(quar.)
3-
2nd
15c
(quar.)___
t$2
3-
3-15
40c
(quar.)
3-15
,
67c 1st preferred
preferred (quar.)
2 Ac
Works
(reduced)
(quar.)
Oil Co.,
B
2-15
87c
Company
Taylor,
$3
Co., common (quar.)__
(quar.)
Hanna (M. A.) Co., common...
$5 preferred
(quar.)
Harbison-Walker Refractories Co., common.
6%
preferred (quar.)
$l3/4
(quar.)_
$1.75 pfd. (accum.)
(Chicago) (quar.)___
Casualty
2-15
3-
3-23
10c
com.
Hammermill
Class
3-15
&
25C
Stores
Bros.
Hancock
5
2-15
62'Ac
________
(irregular)
(quar.):.
_______
(quar.)
Hallnor Mines, Ltd. (quar.)
:
:
Hamilton Watch Co., 6% pfd. (quar.)______
2-25
1
3-
pfd.
Y.
(Mich.)
Assurance
Continental
3-
3-
_____
7%
N.
Co.
Continental
1
2-15
55c
Consolidated Steel Corp.
Continental
Corp.,
Hale
60c
Power, 6% pfd,
Co.
(irreg.)
(s-a)
preferred
2-28
2-15
40C
■.
(quar.)
Biscuit
Consolidated
Hajoca
6%
$1.25
(quar.)
Connecticut
2-12
1
,
,
Community Public Service, Co
Connecticut Lt. & Power, $2.20 pfd.
$2.40
2-27
2-28
3-15
Lord
Western Brewery—•
3-
3-10
(quar.)__
Y.
Co
Paper
convertible
5Va %
2-19
(s-a)_„__
—
Engineering
Greyhound Corp.,
5'/2Vt> preferred
$1
25c
tic
preferred
Valley Brewing
2-10
________—1_
(quar.)___~,—.'
Corp.
Telephone Co.—
cumulative
Granby Consol. Mng., Smelt. & Pow. (quar.)
Payable in U. S. curr. less Canadian tax,_
prior preferred
Co—
Bank of N.
25c
(interim)
Commonwealth
1-30
5%
$1.25
30c
Colorado
(H.
Grace National
62 Via c
(quar.)
Co.'-,
Carbon
Columbian
Mills,
Gossard
2-27
;
Broadcasting
Gosnold
3-12
W.)
2-28
50c
5-15
10 %C
(quar.)
preferred
Co.,
3-10
Per
Name of
2-15
50c
^
2-25
■
•
Manufacturing
(irreg.)
1
$1'A
Co., com.
preferred (quar.)
convertible
$5
of Am.
3-
25c
Tire & Rubber
Monday, February 22, 1943
Holdart
Payable
50c
Corp.__
Cycle
Whtn
than
Insurance________
1
6-
$1.06y4
__________—
Marine
3-31
t25c
(s-a)____
pfd.
(quar.)_
&
3-15
31V4C
—
$4.25
Common
Columbia
2-10
Ltd., common
preferred
convertible
1
37 Vac
Collins & Alkman Corp.—•
Colonial
3-
Fire
Gorhain
Shares
Trust
87>/2C
Elec.—
Colgate-Palmolive-Peet,
5 A
Numb of Comvan*
of Rec.
Gibraltar
(irregular)
&
Cockshutt Plow Co.,
5A
Payable
&
Pittsburgh RR. Co.—
Registered stock (quar.)
Special guaranteed (quar.)
Coast
When
Bhare
Name of Company
Cleveland
Per
Holdera
Per
(quar.)
preferred (monthly)
(monthly)
(monthly)_—
Ohio River Sand Co., 77c pfd. (accum.)
Okonite Co,, 67c preferred (quar.)—
1
3-31
3-22
3-
2-17
1
$iy2
3-15
2-11
$iy8
3-
1
2-
41%c
3-
1
2-29
3-
1
2-20
50c
SS'Ac
3-
1
9
2-29
$1.75
3-
1
2-15
$iy3
3-
1
2-15
Volume
Number 4153
157
THE COMMERCIAL
When
r*r
ivume of Company
;
Share
Ontario Mfg. Co._
Otis Elevator, common
3-20
2-23
3-
1
2-15
15C
3-
5
2-25
50C
3-
1
2-20
(quar.)
Sherwin-Williams Co., 5%
40C
2-27
2-22
Silverwood
40c
5-31
5-24
..
Mfg.,
4-
1
3-18
Simonds
4-
1
3-18
2-15
37%c
(quar.)
______
1
2-10
Sonotone
2-28
Steel
2-26
Co
2-27
3-
1 '
2-
$1%
3-
1
4-
1
$1(4
4-
1
3-15
4-15
$1
50c
4-
3-
3-22
1
$1%
1
.
3-19
r
■
:
2-18
3-10
2-25
3-
1
2-10
3-
1
2-11*
5%
3-
1
2-11*
(quar.)
6%
preferred
Southern
B
preferred
3-29
5-
1
4-15
4-15
3-1
2*
3-
4
2-17
50c
4-
1
3-15
Electrotypers (s-a)_—
t50c
3-
1
3-
1
2-9
65c
4-1
75c
4-
1
3-15
$1V4
3-
1
2-18*
3-
3
•
"
preferred
_
Car, common...
1st preferred (quar.)
2nd preferred (quar.)__
$5
preferred
(quar.)—.
preferred (monthly)
preferred (quar.)
7%
8%
preferred
;
—
Radio Corp of America, $3.50 1st pfd.
1
2-15
3-
5
5
2-13
3-
5
8
Storkline
2-13
3-
2-15
3-
1
3-
1
3-
1
2-15
$1.25
3-15
6%
3-15
2*15
3-31
$1 (4
3-
3-19
6-18
Swift
$llA
10-15
9-20
25c
3-
1
2-
4,3-15
1-20
4-1
33-
5-
4-20
10-20
1
2-16
3-11
•
1
1
3-
87y2c
2-18
2-24
convertible
preferred
2-20
Texas
1
3-10
4-1
3-10
4-
25c
preferred D
preferred E
5%
37V2C
3-
3-
6-15
5-15
Van
Dorn
$iy4
9-15
8-14
Van
Norman
$1
4-15
4-
5
Van
Raalte
$1
10-15
10-
5
Vanadium-Alloys Steel
7%
3-15
3-
$2
2-27
2-17
40c
3-10
2-20'
5
3-15
3-
3-
$iya
pfd.
(quar.)
(quar.)
3-
2
1
3-15
3-
3-
1
4(4%
5
2-27
3-
1
2-13
$1.62y2
3-
1
Warren
2-16
$iya
2-15
■
$20c
(quar.)
3-
3-
.■.$1 (4
——
Paper Co., 6% preferred (quar.)
Brothers, Inc. (quar.)
——•
Welch
1,2-25
2-15
25c
3-15
2-25
3-15
3-
7V2c
2-27
2-17
7%
1
3-
1
2-15
30c
4-
1
3-
5
2-
5
West
5
Savage Arms Corp.
Scott
(quar.)——————-—
preferred (quar.)—
preferred
$4>/a
3-10
4-1
..."
3-12
,'v
1
Selby Shoe Co
Serrick
(quar.)—
class A
(reduced)
(quar.)
23c
3-10
Wheeling
3-
$1.75
Associated
Roller
Bearing
Allied
&
Oil
Gold
:
(irreg.)—
2-11
Whitaker
1
3-
3-15
25c
.
/ 2-25
2-25
2-15
2-25
1
1
3-
5
distribution
stock,
were
Stocks
$6
(irregular)
1st
50c
3-10
flc
preferred
(quar.)„
2-22
$iy2
3-
Winstead
of
$1
the
common
amounts
share
per
has
been
declared
on
Gas Corp.—Plan
&
by SEC—
Securities
The
part
and
Commission
common
the
sum
stock
and
Exchange
Commission
voluntary liquidation plan of the
a
The
in
of
found
stocks
that
owned
$1,200,000,
and
the
sale
on
Feb.
approved
11
in
corporation.
by
Federal
the
preferred
by it of Union Water Service Co. for
the use of the proceeds of sale of said
$1%
20c
$1%
3-15
3-
3-
1
3-15
3-
5
21c
3-
1
1-30
50c
3-
1
2-15
$l'/4
3-
1
2-15
The
may
or
Commission
be
necessary
indirectly,
Alabama
effectuate
in
Water
the
Company
ordered
that
provisions of
Act of 1935;
Federal
shall
section
take
11
(b)
of
action
to divest itself of all interests held by it, directly
the businesses conducted and properties owned by
Co., Union Water Service Co., Ohio Water
Water
Co.,
West Virginia
Service
Co.,
New
Water
York
Service
Water
Co.,
Service
Scranton-Spring Brook
Corp.,
and
the
water
(irregular)
2-10
3-1
2-9
4-1
9
3-20
4-
1
■
__
25c
y.'v;.
_.—
3-20
$1.75
$3 pfd.
$7 preferred
3-15
4-
1
3-13
1
3-
1
(F.
W.)
Co.
Co.
1
2-13
1
2-13
1
2-10
(accum.)—
$2.75
3-1
2-
Light & Railways Co. (Del.) —
preferred (monthly)^
preferred (monthly)
8.36% preferred (monthly)
6.36% preferred (monthly)
7% prior preferred (monthly)—.
7% prior preferred (monthly)..
50c
3-
1
50c
4-
J.
3-
1
4-
1
3-15
3
2-15
3-
3,
2-15'
25c
3-
4
2-18
3-1
2-10
3-
6
2-5
110c
40c
4-
1
2-25
50c
3«
1
2-20
50c
5-
1
4-20
I
12-18
(ord.)
(quar.)
(Rudolph)
Co.,
10c
3-
25c
4-
1
3-11
25c
4-
1
3-11
preferred (quar.)_________$1(4
4-
1
3-11
50c
3-15
2-13
$1%
4-1
3-1
common
Yellow Truck & Coach, common
Class B
7%
X
Youngstown Sheet & Tube, common
5(4 % preferred A (quar.)
2-15'
53c
2-15
2-15
3-
$5.25
—
3
3
3-15
53c
Wurlitzer
.
3-
3-
Co., common (bi-monthly).—
(bi-monthly)
Common
2-15
prior
v
$1.50
$4.50
,
Wrlgley (Wm.)
.
8
prior
10-15
10-15
30%
Mines
3-
7-15
1
1
$1.75
& Co., Ltd.
Wright-Hargreaves
3-
8-1
11-
(final)
Woolworth (F. W.)
3-
7-15
___x—
2-16
2-19
75c
1
11-
(quar.)
1
1
25c
$1
4-15
8-
$1
(quar.)
3-
$l'/4
4-15
1
1
,
(quar.)_____
(accum.)
3-
(quar.)
2-27
'
5-1
5-
$1(4
Governor
Woolworth
2-15
3-10
;
$1(4
50c
6%
in
Oregon
1
2-15
4-
1
3-15
properties
gas
in
Florida
owned
by
and
Scranton-Spring Brook Water Service Co. and
Service
Corp. such divestments shall not be ef¬
and
Gas
Co.,
provided
that
in
the
of
case
Peoples
Co.,
Water
fair
The
the
3-
58yjC
Gas
York
a
and
58y3C
Water
fected through the
recapitalization of
sale
of
such
securities
companies
equitable
owned
in
distribution
of
by
such
Federal
manner
voting
power
prior
to
as
among
thereof;
Commission
further
ordered
to
the
of
of
tures
sale
Federal
to
and
section
It
in
is
Union
date
It
and
Nov.
is
are
11
Water
that
or
the
sale
by
so
New
corded
York
no
5(4%
deben¬
integration or
holding company
ordered
that
Service
of
Co.
the
such
be
proceeds
of
sale
of
the
consummated
5(4%
of
such
interests
within
sale
debentures
of
of
60
be
Federal
days
used
Federal
for
not
from
the
later
1943;
ordered
Water
take such steps
security
of
necessary or appropriate to effectuate the provisions
of the Public Utility Holding Company Act of 1935;
all
further
structures
cancellation
necessary or appropriate to the
Federal Water and Gas Corp.
cancellation
30,
Spring Brook
shall
(b)
further
or
as
V,
books
not
closed
to
that
Peoples Water and Gas Co., ScrantonCo., and New York Water "Service Corp.
may be necessary to recapitalize their capital
Service
as
fairly and equitably distribute voting power among
holders
of
Water
recognition
such
Service
in
companies;
Corp.
such
the
this
for
provided
common
recapitalization;
that
stock
in
the
shall
be
case
ac¬
dividend.
account of accumulated dividends.
tPayable in Canadian funds, tax deductible
tOn
resident
resident tax,
15%;
2%.
a
Less
further
is
It
Co.,
tax,
ordered
that Federal,
Scranton-Spring1 Brook Water
and
action
as
Water
Service
Brook
Water
be
may
necessary
and the
Co.
Service
to
63
inactive
at
the
British
Service
source.
income
Pennsylvania
the
cause
Co.
Water
shall
Non¬
tax.
Service
take
such
elimination of Pennsylvania
subsidiaries
of
Scranton-Spring
Co.-
Comparative
Statement
of
Years Ended Dec. 31—
that
retirement
•Transfer
Consolidated
*1942
Income
1941
1940
Operating revenues
;
$20,059,003 $17,745,425 $15,585,731
Operation and maintenance
8,533,522
7,700,679
6,519,000
Provision for depr. and retire/and
replacements
—3,207,029
1,844,499
1,677,043
Taxes
3,697,974
2,375,840
2,346,666
—
—
are
simplification of the
system
the
——_
provide
security
Federal of the
9,900 shares of common stock and the 6,000 shares of
$6 cumulative
preferred stock of Union Water Service Co. owned
by it for $1,200,000
(subject to closing adjustments), and the application of all of such
of
20c
$1(4
—_
preferred
preferred
7%
1
3-15
25c
3-
6%
;•
(quar.)__
(quar.)
common
27y2c
Lines
Inc.,
preferred
_______________________________
Woodward
2-26
the
Service
2-27
5
$1
(quar.)
Extra
7%
United
as
Service
2-
3-10
$1%
;_
Wisconsin Power & Light Co.—
6% preferred (quar.)
6%
preferred
(accum.)
2-26
than
such
series B____;
9
retirement
to
Utility Holding
;
Oil Shares,
United Gas Corp.,
may
appropriate
Public
(quar.)
9
and
the
2-26
3-
$1(4
(quar.)__
(quar.)
Common
5
3-10
common
3-
of
as
Co.,
3-
or cancellation of such of Federal's 5(4 %
be retired by said proceeds of sale, are necessary
or
appropriate to the integration or simplification of the Federal
Water
and
Gas
Corp. holding company system and are necessary
partial retirement
debentures
$1
2-15
35c
$1
5
50c
proceeds
of
3-15
50c
.
__________
Extra
1-22
3-
Hosiery,
Common
2-20
3-15
7% preferred (quar.)—$1,75
for
Approved in Part
Coal
Chemicals,
holders
Water
Federal
$1
Extra
2-23*
1
20c
convertible
Peoples
Water and
payable Mar. 19 to holders of record Mar. 2.
Like
paid in each quarter during 1942.—V. 156, p, 1952.
3-22
2-9
25c
(irreg.)____________
Lace Mfg.
(irregular)
Water, $6 preferred (quar.)__
Willson Products, Inc. (quar.)
:
2-19
United Engineering & Foundry Co., common.
New
A
1
$1(4
j
Spencer Steel
.
the
Co.—$1 Dividend—
4-
3-15
2-26
2-20
r
; '
(quar,)
(Wm,), 7%
2-10
50c
common
properties
(Continued from page 692)
2-18
Electric, 6% preferred
Paper, common (quar.)
preferred
Wickwire
2-25
3-
—
preferred (quar.)
United
2*15
25c.
Federal Mining & Smelting
.
1-25
i' y yX; 56c
1
—
Co.___—
preferred (quar.)______
Transport Corp. (resumed)
".United Biscuit Co, of America, com. (quar.)_
5% preferred (quar.)—
2-11
}23c
2-18
3-
(Iowa)
Whitman
2-25
4-
15c
25c
Mines——
Company,
2
$iy4
—
(quar.)^—________
United Aircraft Corp, 5% conv. pid.
(quar.)_
United Aircraft Products, Inc., com.
2-25
1
.
(quar.)—
Co., common
-
2-25
3-15
y
—————
Shawinigan Water & Power (quar.)_—
Pen
3-15
3-1
2-15
Extra
.2-25
5
1
3-31
25c
2-11
5y2%
4-20*
3-
___—_______
Servel, Inc. (quar.)
Sheaffer
3-
3-
$1(4
(s-a)____
(quar.)
3-
2-11
10c
Corp.,
Class B
1
3-10
i.yyj 75c:
——„—_——— yXyy 25c
Sears, Roebuck & Co.
4-20*
1
t20c
5%
3-1
United Air
2-27*
5-
$iya
.
.
•
2-15
Corp.—
(quar.)
Weston Electric Instrument Corp
Westvaco Chlorine Products (quar.)____
3-31
$1%
_
3-12
4-
25c
(quar.)
3-1
3-12
<
$1
common
1
3-1
2-15
5-
25c
-
45c
Co.,
3-
50c
Union Tank Car Co.
"
2-11
1
2-15
$1
50c
Trustee Standard
2-26
3-
(quar.)———
Paper
$4
;
3-1
3-10
8-15
1
$1(4
7%
1-30
50c
8-31
Williamsport
5y2% preferred
2-15
$iy2
.
5-14
$134
Wilkes-Barre
Truax-Traer
1-31
62VzC
—
2-13
5-29
1
Tobacco
2-15
1
2-27
9
2-27
1
3-19
$1%
$134
2-
J2-11
3-
1
3-
1 >,y 2-15
3-
5-15
4-
3-
1
2-25
1
3-15
Trion Co.,
15c
6-
10c
Tidewater
23c
5-15
$2(4
50c
3-
t$2%
.
Royalty Income Shares, series A
:—!
Rustless Iron. & Steel, common (quar.)——$2y2 convertible preferred (quar.)
y
St, Joseph Lead Co
'
St. Joseph Water, 6% preferred
(quar.).—
2-15
1
2-16
2-11
1
1
6-
2-15
1
3-
2-15
3-
$1(4
1
Trane
37*/2C
Roxy Theatres, $1.50 preferred (quar.)—rRoyal Bank of Canada (quar.) —
2-15
2-27
—
t20c
f62y2c
7%
Sulphur fquar.)
(quar.)
Thompson Products, Inc., common
$5 convertible preferred (quar.)
2-20
3-20
2-15
$1(4
Westinghouse Air Brake____________^_
Westinghouse Electric & Mfg., com. (irreg.)_
7% participating preferred-^
8-15
1
2-26
2-11
37V2c
3-
9
20c
participating preferred
Indies Sugar Corp.,
Western Auto Supply Co.
2-11
1
2-15
pfd.
Canadian Hydro-Electric
West
2-15
9-
1
2-27
(quar.)__
Western Tablet & Stationery—•
5%
preferred (quar.)
75c
3-
3-
3-19
4-
2-15
10c
1
1
1
50c
4-
4-15
2-19
2-
3-
$9
—
25c
3-
3-15
3-15
75c
—
Western
2-23
2-15
2-15
2-19
.
$1(4
—
—_
2-15
45c
3-15
3-15
3-15
22VaC
1
25c
2-13
50c
(initial)
B
3-
75c
2-11
t$l
Co.
Co.
4-10
1
3-10
40c
(quar.)
Grocer
3-10
4-20
3-
15c
Juice, 7% preferred
preferred (quar.)_
preferred (quar.)
80c
2-15
$1 Vb
class
Engineering
7-17
1
3-20
$1%
(quar.)
1
8-2
3-
3iy4c
(irregular)——
Wesson Oil & Snowdrift, $4 conv. pfd. (quar.)
1
3-
4-17
$lJ/2
(quar.)
Grape
Wellman
'
37y2c
7%
2-18
5-
20c
(quar.)^—
(s-a)
2-15
•
2-18
3-1
37V2c
'
—
preferred (quar.)
3-15
t3c
3-1
10c
3-
,$$iy2
—
$1
37V2c
Stock
preferred
preferred
3-10
50c
(quar.)___
50c
Wayne Pump Co.
•
Rolland
Roos
2-15
t25c
Co.,
2-15
25c,
(accum.)—;————
Producing
1
(quar.)
Common
5%
''
pfd.
3-
Mills
1
•
2-17
50c
50c
4-16
.
of
5%
(reduced)—____
preferred (quar.):
—
1
(quar.)
Washington Railway & Electric Co.____w___
Participating Units Beneficial Ownership
y 3
Products
3-
Warren Foundry & Pipe (quar.)
Warren (Northam) Corp., $3 pfd.
5%
(quar.)
2-17
$1.75
.
(quar.).
Brothers
tiy2c
,■ ■
.
common
preferred
Wamsutta
2-16
2-27
Ltd.—-
1
Walker (Hiram)-Gooderham & Worts(quar.)
:■(
—
3-
common.
Detinuing Co., common
preferred (quar.)_.
;
7%
2-15*
50c
•
3-20
Co
1st preferred (quar.)
Chemical Co. (quar,)___
$1 preferred
60c
,
.
2-25
25c
50c
Tool
Vulcan
2-18
'
2-11
3-10
Vogt Manufacturing Corp._____
(quar.)____12y2c
Corp.
3-2
Virginia Coal & Iron Co. /quar.)_______
!_
Virginia Fire & Marine Insurance (s-a)-.__
1
3-1
4-15
1
$1.50
—
Machine
Co.,
2-20
$1
50c
Works
f Virginian Railway, 6% preferred
6%
preferred
(quar.)
2-22
5
75c
preferred
Gulf
Toburn
—
Iron
1
Texas Pacific Coal & Oil
4-15
.
1
$1.50
(quar.)
(quar.)
(quar.)
$1%
2-15
Texas Gulf
Corp.—
(quai\)
6%
2-13*
(increased)———
Oil Corp., 6% preferred—;
(quar.)--
Electric
6-21
1
3-15
Kansas
convertible
Timken
Electric
&
Gas
7%
2-20
Co.—
preferred C
9-21
12-24
3-
Tex-O-Kan
1
3-
—
$1.50
$4.50
Terre Haute Water Works, 7%
Flour Mills Co.—
3-15
5-. 1
15C
Republic Investors Fund, 6% pfd. A (quar.)
'yy1-; i5c -y 5- 1
6% preferred B (quar.)——————_____
4-26
y ■
20c
Republic Natural Gas (s-a)
6%
1
1-3-44
Sl'/a
Sylvania Industrial Corp. (quar.)__—____
Syracuse Transit Corp, common (irregular).
Common (irregular)
,i.—i-v—.
Tamblyn (G.) Ltd., common (quar.)
Preferred (quar.)
■
Tennessee Corp.
3*1
'wSlVb
y"
10-
62l/2c
—
2-17
1
4-
37%C
—
3-22
1
prior preferred-(quar.)
Valley Mould & Iron, $5,50 prior pref. (quar.)
Co.
—
receipts
4V2%
5
1
11-
20c
(interim)
2-22
1
7-
5%
30c
Co.
Sylvania
5
4-
$1.25
;
5
4-
62J/2c
'
Remington Rand, Inc., common
Rochester
&
Dep.
2-26
2-25
87'/2C
————_
3-
5%, prior preferred (quar,)
Special
1
25C
■
$1
62V2c
2-15
62J/2c
Swift International Co.,
2-15
2-27
25c
•
2-15
2-15
'
(quar.)—
Reliance Steel Corp., common—
1
1
12y2c
Ltd
Swan-Finch
7-15
_
Button
Oils,
4-15
$iy2
preferred
3-
62Vac
$iy4
—
$iy4
—.
2-12
3- 1.
(s-a)40c
-
1
prior preference A
Sunset
8
2-15
common
$iy4
(quar.)——i——
Stromberg-Carlson Telephone Mfg. Co,—
6ya% preferred (quar.)
Stuart (D. A.) Oil, Ltd.—
Class A partic
preferred (quar.) ——
Sullivan Consolidated Mines, Ltd.
(interim)
Sullivan Machinery Co.
(quar.)
Sun Oil Co. (quar.)—I—..——_—
2-15
50C
of
1
3-
Vick
of Indiana
Co.
3-
<
3-
California———,
Furniture
Extra
2-15
$1(4
of
2-19
37y2c
.
—
Strawbridge & Clothier—
2-19
25c
(quar.)
Knitting Co.,
Corp.
1
30c
i
—
2-13
3-
Co.
2
3-
prior preferred (quar.)
prior preferred (quar.)
5%
5%
Standard Wholesale Phosphate & Acid Works—
(Increased)
Sterling Drug, Inc. (quar.)__—
Stonega Coke & Coal Co. (irregular).
2-15
1
,
Rochester
Utica
2-20
.
Bond
Walgreen Co.,
3-
Rath Packing Co., 5 % preferred (s-a)_—
$2 y2
5% preferred (s-a)—--———;
$2%
—■—
25C
Rayonier, Inc.'
Reading Co., 4% non-cum. 1st pfd. (quar.) yVXX 50c
Reed-Prentice Corp., common
$1 (.
—'—-—
(quar.)
Utilities Stock &
2-15
'
preferred
2-20
3-15
7-
2-27
2-15
$1.50
$5 cum. preferred B (quar.)—__—
$4.50
3-3
2
7-15,
3-11
2-15
Oil
3-
_______
2-20
3-15
Oil Co.
Standard
2-20
$1 (4
$5 prior preferred (accum.),——
Purity Bakeries Corp.
Quaker Oats Co., 6% preferred (quar.)
Quaker State Oil Refining
Quebec Power Co. (quar.)
2-20
3
3-
Standard
2-15
toe
——___—
3
3-
5-25
4-
Wallpaper Factories, 6% pfd. (quar.)
$iy2
Universal Insurance Co. (quar.)______
10c
Upper Canada Mines, Ltd. (interim)
t2VaC
Upressit Metal Cap Corp. (accum.):
$2
60c
3-15
1
62l/sC
(accum.)—-——
3-
2-25
6-10
United
' y
Superior Tool & Die Co.
(accum.)
2-15
25c
1
2-27
2-15
preferred
1
2-19
2-15
preferred
3-
1
3-15
prior
preferred'
$iya
3-10
4-15
$iy4
—
3-15
'y 3-15
prior
-■
(quar.)__
3-
Oil
$2.00
$5
SlV2
preferred
40c
Standard
$1.75
$5
7%
$5
2-15
40c
40c
$iy»
______—
40c
2-20
6'/4C
(quar.),
30c
pfd. A (quar.)„__
pfd. A (quar.)__.
conv.
conv.
Vultee Aircraft, $1.25 conv. pfd.
Waite Amulet Mines (interim)
_________
& Gas, $5 pfd.
Puget Sound Power & Light—-
(quar.)
3-
——
Public Service Elec.
preferred
2-15
3-
——________
(quar.)—
$5
1
25c
—
2-15
1
3-15
,
6%
1
3-
3-
4-
_
——
3-
3-19
4-1
Sugar Corp.—-
participating
participating
40c
$1%
_________
30c
States
$iy8
$1%
__________
6.4%
(quar.)_^.
1
31V2C
Proprietary Mines, Ltd. (interim)
Public Electric Light Co., 6% pfd. (accum.).
Public Service of Indiana, common (quar.)_
5% preferred A )quar.)
Public Service Corp. of N. J.—
6.4%
2-15
Standard
3-
30C
Steel
United
2-15
.
pfd.
—
3-15
1
1
Standard Cap & Seal, $1.60 conv.
pfd. (quar.)
Standard Dredging, $1.60 con.
$2%
Nut & Chocolate (quar.)
Co., $1.50 cl. A preferred (accum.)
Ogdensburg Ry. gtd. (irreg.)
Potomac Elec. Power, 5y2% pfd. (quar.)
6% preferred (quar.)
1
4-10
$1%
Portland &
$1
3-
———
Insurance
Inc.,
3-12
2-19
(accum.)
3-
.
(quar.)—
Brands,
3-26
3-20
U. S. Rubber, 8% non-cum. 1st pfd.
(irreg.).
United States Steel Corp., common..
4-
2-16
1
$2
$1.00
2-15
4-15
$4.12%
Planters
Poor &
Accident
(Detroit)
3-16
2-15
30c
3-16
2-13
2-15
preferred
1
4-1
2-27
1
$3
4-
50c
37yac
5
3-
75c
_
50c
2-27*
(quar.)_
i._,
3-
6% convertible preferred (quar:)—
Spartan, Mills (quar.)
Spencer Kellogg & Sons (irregular)
Spiegel, Inc., $4V2 conv. pfd. (quar.),4—~
Standard
(quar.)
:
2-25
Sparks-Withington Co.—-
2-15
25c
Mills
(quar.)_~___
___—
$iy2
5% non-cumulative, preferred
-•
Spalding (A. G.) & Bros., $1.50 pfd. (irreg.)
$1,50 preferred (irregular)
5
$3y2
—
(quar.)—,——
—
5 %
1
5-
Playing Card Co.
37y2c
(irregular)
Railway Co., 5% non-cum. pfd—„
non-cumulative, preferred——
5 %
S.
Extra
U. S. Plywood Corp., $iya conv. pfd.
U. S. Printing & Lithograph Co.—
75c
Southern
50c
3-
50c
U.
31',4c
4-15
$1.06 y2
— ______———
—
%
2-18
$l'/a
(quar.)—
$1V'8
Pittsburgh Nat'l Bank (Pa.) (quar.)_—_
Pittsburgh Steel, 5V2%' prior pfd. (accum.)
Pittsburgh, Youngstown & Ashtabula Ry.-—
7 %
preferred (quar.)
5
11-30*
37y2C
3-29
(quar.)——
Pittsburgh Coke & Iron—
Pressed
12-20
(quar.)„
Water Co.—•
4-15
Fashion
convertible
50c
—
(quar.)
California
75c
_
$5
2-18
——
—
preferred
(quar.)—
Southern Pipe Line Co.
(quar.)———
Mills, 6%% pfd. (s-a)—.
Pittsburgh Bessemer & Lake Erie RR (s-a)
Full
1
3-
2-27
(quar.)
6%
(quar.)_
7% 1st pfd. (accum.)
Phoenix Insurance Co.
Pillsbury Flour
common
(quar.)
Phillips Petroleum Co.
Pilot
8-31*
Southern California Edison Co.—*11
40C
(quar.)———
Photo Engravers &
5-31*
9-20
Bag
$iy2
Phoenix Hosiery Co.,
6-19
50c
& Paper—
$2 convertible preferred (quar.)—_—
50c
6 %
preferred (quar.)—
_____$1 Vz
1%"preferred (quar.)
$1%
$1%
Philip Morris & Co., Ltd.,
preferred
3-20
50c
Quarterly
Quarterly
3-25
(quar.)_.
20C
(quar.)
preferred
50c
Quarterly
5c
(quar.)——
25c
—
.
4V2%
Vi %
Quarterly
_u_—
preferred
preferred
3-10
1
2-15
2-12
preferred
Advance
2-2
4-
2-27
2-19*
convertible
2nd
2-25
1 25c
2-27
3-15
convertible
Southern
3-20
62y2c
United Shoe Machinery (special)
Leather Co., class A (resumed)..
United States Pipe &
Foundry Co.—
U. S.
1
3-15
6%
3-15
2-26
4-10
1
3-15
6%
6%
$1
________________
3-31
$2J/a
1
25c
(quar.)
/
2-26
$1.25
...
(quar.)
3-
40c
(irregular)—
preferred
Canal
4-
$iy2c
_______
non-cumulative
&
of Rec.
4-
75c
________
RR.
Holder»
3-31
f20c
South Carolina Power, $6 1st pfd.
(quar.)___
Southeastern Greyhound Lines, com.
2-11
1
(quar.)—
Co., common
preferred (quar.)
6%
2-15
$1.27(/2
—
Corp.
J.
When
Payable
10c
$20c
$iy4
.
———
South Bend Lathe Works
6%
Phelps Dodge Corp.—
Philadelphia Co., 5% preferred (s-a)
Philadelphia Suburban Water, com. (quar.)_
4
3-15
(quar.)—
Soundview Pulp
2-28
3-10
31 Vic
Circle 'Co.——-
preferred
&
3-15
$1.50
Pfaudler Co.
6 %
Saw
Per
thare
United Gas Improvement Co., common
$5 preferred (quar.)
4-15
1
(quar.)
(s-a)
Mines, Ltd. (quar.)———
Socony-Vacuum Oil Co..
3-15
,
__
(quar,)_____
(quar.)
3-
t$l
____
(quar.)
$5 preferred (quar.)-.—————Peoples Gas Light & Coke, (quar.)
-
preferred
1
(s-a)
common
Sisco Gold
2-27
25c
___—________—.*
Pennsylvania Electric Co.—
5.10% preferred A (quar.)________
Pennsylvania State Water, $7 pfd. (quar.)
Pennsylvania Water & Power—
Common
pfd. AAA
54-
_
Peabody Coal Co., 6% pfd. (accum.)
Pennsylvania-Central Airlines Corp.—
$1(4 preferred
tl5c
Dairies, Ltd.,
convertible
2-20
1
$$1%
——;
—
partie. preference
Simmons-Boardman Publishing—
$3
3-
$lJ/a
3-23
United N.
40c cumulative
6-19
3-22
j
Name of Company
of Canada—
preferred
30c
____________
common
preferred
7 %
6-19
6-30
Sherwin-Williams Co.
Common
(interim)
$1%
Inc., common (quar.)_
(quar.)
(quar,)____—______________
Parker Rust-Proof Co
Perfect
6-30
$3%
Pictures,
1st preferred
7%
$3 y2
of Rea.
5c
—
2-23
_
727
Hoiaen
Payable
Mfg. Corp
Shenango Valley Water Co., 6% pfd. (quar.)
$1(4
__
When
than
Company
Sheller
3-20
——
Paton
Name of
2-10
$1%
_
6%
Per
of Ree.
2-20
CHRONICLE
•
20c
6% preferred (quar.)
Paper Co., $5 preference (accum.)
Paahau Sugar Plantations (quar.)—_*•-—Package Machinery
(quar,)
Pacolet Mfg., common (quar.)
Quarterly
7% preferred series A (s-a)—
7 % preferred series B
(s-a)
Parker Pen Co.
Payable
50c
Oxford
Paramount
Hoiairi
& FINANCIAL
Net
Other
—
—
earnings
$4,620,477
Gross
—
Interest charges
Dividends
preferred
on
subsidiary
stocks
Consolidated
net
$6 G12.045
2,197,413
$5,196,507
2,394,768
164,678
net
in
subsidiary companies
153,485
$4,865,056
$5,043,022
of
companies
Minority interest
187,638
2,077,816
income
$5,824,407
244,579
income
157,849
166,132
income of
—:
income
1,153,707
$1,468,855
1,629.418"
$2,027,365
1,122,797
$1,512,810
"'Preliminary figures.
Note—1940
not
included
figures
in
the
adjusted by
consolidated
omitting accounts of companies
accounts
at
Dec.
31,
1941,
are
'
.
THE COMMERCIAL
728
Statement
of
Income
(Corporation
Years Ended Dec. 31—
Dividends
from
Dividends from sub,
established
only)
*1942
subsid.
$1,293,873
$1,014,123
2,437
4,388
until
$680,599
not consol.
cos.
6,539
Total
...-
thereof
Portion
to Oct. 31,
seq.
of
subs,
to
at
While
paid-in
$1,018,510
$687,138
sub
will
Interest from subsid.
Miscellaneous
other
and
income—,1
tax
262,051
15,721
\
$1,332,032
259,458
81
6,154
20,089
:
taxes
(no
payable)
Consolidated
1,189
29,600
Dividends
$834,606
$685,075
272,149
charges
20,871
net
outs
$377,595
...
344.
p.
Net
etc.
Prov.
Fed.
for
income
1940
$672,309
272,607
income
Ineterest,
1941
$650,382
—
oper.
1939
Outstanding
Net
$531,277
297,173
$486,592
196,457
204,831
$375,136
$326,446
$290,135
83,836
77,853
91,779
59,695
Cash
divs.
Stock
dividends
'Before
ment
$188,898
$175,749
11,000
11,000
adding
of
100,000
100,000
100,000
75,000
with
extraordinary
for
Bureau
of
income
industrial
Internal
the
on
stocks
common
of
Revenue
combined
amounted
$30,551,
liens
in
for
Federal
in
$1,55
tax
shares
125,000
to
which
accordance
1942
consists
with
shares
$26,364;
class
A
$1.51
short-term
and
stock,
(voting,
B
surplus,
class
$754,608;
Firth
A
State
notes,
taxes
(non-voting,
$5),
par
total,
Sterling
$3,410,500;
income
on
$5),
par
$250,000;
paid-in
$6,175,966.—V. 157,
Steel
$46,410
$86,727
*118,683
t
$1,49
pay¬
current
$375,000;
stock,
common
$513,005;
earned
*118,533
*118,233
$1.45
$1.14
in
and
31,
Dec.
banks,
advances, $38,592; post
$249,833;
Pa.—Sells
••
bonds
S.
Interest
Market
sold
to
large
a
an¬
insurance
Light Co.—Earnings—
Property
1942—Month—1941
596,249
6,532,755
-V.
252,257
202,883
1,983,611
for
reserve
939,634
Net
158,333
2,100,000
1,900,000
$17,669,325 $17,249,407
reserve
received—$98,310
'■
$446,801
$507,310
•,/•"
stock
of
dividend-—,
$6,113,325
115
income
Gross
Int.,
'
24,480
$6,113,390
$446,801
$507,425
$6,113,325
$6,115,722
,w
jDr24,241
8,819
8,689
$422,560
$516,244
$6,122,014
355,260
—
.
345,722
4,254,123
$6,722,850
4,224,072
$67,300
-
$170,522
$1,867,891
$2,498,778
_j,———
applic. to pfd. stocks for the period-
$147,481
$125,253
-V.
1,153,008
paid
from
$20,340;
121,115
106,779
Froedtert Grain & Malting Co., Inc.,
expenses.
Dec, 31, 1942
Sheet,
at
;
106,696
Detroit/Mich., was announced
President and Chairman of the
have
an
of
production
capacity
malt..
In
for
In
$7,087;
undistributed
Dr$358,248;
income,
plans
expand
to
Feb.
board.
of
more
the
10 by
The
corporation
than
a
plant
million
accrued
interest
due
brokers
.for.
.
"/••' :
'
capacity, the Froedtert company is taking
the strain under which the malting industry
Detroit and represents another step in the company's expan¬
program started 10 years ago,"
1
,
.
Constructed
of reinforced concrete and
equipped to produce a high
malt, the new plant is the most recent one built in the
industry, having been placed in operation in 1935.
It has
of
been
not
active
for
about
two
time
1941.
reported
The
that 1942
shares
...
at
entering
jobs in
1
the
at
The stock
was
Statement
52
Weeks
per
income
of
$6
of
cash
income
"After
_
—
per
Dec 27,'41
$1,806,025
1,615,000
630,000
156,
p.
.
$2,287,434
___
share
■
depreciation.
standing.—V.
+On
$1.01
1,578,697
2223.
shares
of
common
Harbor
100
turbines
a
full
out¬
record
of
months
ahead
•
of
original
pre-
shafts, each involving several powerful high-speed
turbines,
equipment for fifty new destroyers.
The plant,
in
1940
sale.
and
1941.—V.
and
••■v
•
Pacific
Tea
156,
■
Co.
-
Court
Quashes
chain,
and
13
in
the
returned
was
from
too
were
suitable
a
food
and
products"
-
indictment
of
remarked
food
W. H, Atweli, at Dallas, Tex.,
company's,demurrer.
.>
u;.<
Nov.
25,
the company's demurrer,
George S.
defense attorneys, argued that allega¬
on
Touchstone,
formation
in
Judge
defendant
Feb.
subsidiaries, described
conspiracy to "monopolize a
with
commerce
by Pederal
the
11
and
company
bench
to
\
.
.
that
indefinite
and
vague
defense.
the
the
indictment
was
inflammatory in places to be allowed to be presented to a jury,"
R. Watkins, special assistant, to the
Attorney-General, told
to
indictment would go on appeal from Judge
the
court
the Fifth
United States Circuit Court at
.
••'.-•;.•
•
New
Atweirs deci¬
Orleans.—V.
157,
;
.„•
Calendar Year's—
for
in
Report—
for
rate
normal
Federal
excess
all industry
State
157,
1941.—V.
the
on
$6
dividend
;
^
cumulative
scries),
v
income
con¬
payable
(optional
dividend
stock
series)
/
44/1000ths
of
made
were
share
one
of
stock
common
the $6 preferred stock
on
(or
made.—V.
157, p. 473.
•
1942
1-
1,
and
The
telephones
of
statement
month
The
subsidiaries
beneficial
interest
income
to
and
H.
January,
1943
in
614,783
operation
1942.
157,
p.
1'
220.
Georgia & Florida RR— Earnings—
.'■!i
' v;
Week End. Feb. 7
1943
Operating
—V.
other
accrued
assets,
Securities and Exchange
Commission on Feb; 12 brought "death
Georgia Light & Power Co. and its
Electric
Corp., members of the Associated
Gas & Electric holding company system.
•
V' • //:
The Commission consolidated
these proceedings ' with hearings on
a
reorganization plan filed last' Dec. 4 by the two companies, and
Florida
Power
Corp., Florida Public Service Co., Sanford Gas 'Co.
and
proceedings
Sante
Fe
stock
As
Land
has
since
against
Gas
1934
&
Co.
paid
dividends
no
or
its
on
that
if
certain
stock
accounting
would
Commission
allegations,
a
"lair
to
and
holders
ity
have
since
preferred
1932.
•
new
asset
no
value.
should
be,
of voting
among
power
the secur¬
,to. "eliminate
write-ups and other inflationary items" and set up "adequate re¬
serves"
for depreciation o.f fixed property.—V.
156, p. 2223. : '
;
Georgia,
certain
restate
accounts
as
so
.
Gimbel Bros., Inc.—Borrows
The
company
Society
to
the
at
2% %.
$1,300,000—
The
held by them
on property of a
subsidiary realty company.
Balance of the mortgage
was
paid in cash in order to release the property from the mortgage
to
effect
its
partial
in
sale.—V.
157,
payment
553.
p.
of
mortgage
a
•
Federal
It
is
announced
following
par
and
Boston,
interest:
series
will
that
be
15 year
series, and
F,
Series
$7,000;
made
at
5 '/*. debentures dated. Jan. 1,
will be. redeemed on April
amounts
A,
series G,
the
State
series
$6,000;
$11,000,
Mass.
B,
involve
advance
Davies.
1.
the
research
$8,000;
series
real
State
taxes
on
income
of
the
>
estate, royalty,
stock
tax,
$35,287;
ended Dec.
year
this
since
announced
company
1926. has been named director of physical research, it is
by Dr. H. E. Fritz, company research director.—V. 157, p. 603.
1
liability
has
to
except
been
A
dividend
permit-the
deducted
have
of
■accumulations
been
$1.50" per,
.the
on
payable Mar.
/paid on June
1
to
1
from
mining
the
of
property
collected.—V.
2306.
p.
share
has
cumulative
holders
Accruals
156,
$6
and
.quarters.
•V.
of
154,
the
ore
accounts
paid'for.
which
on
p.' 1529.
been... declared
preferred
record
Feb.
Deer. 1,- last,, and
as
at
/
>/"
1
in
Dec...2,- 1942,
no.
Like
each
of
amounted
$6
24
of
value,
par
amounts
the
to
account
on
stock,
20.
were
preceding
per 'share.*-
■/.■>•:/•/.:/,/;r-;; V'v>
Ilajoca Corp.—Annual Report—
Calendar Years—
Net
>'•
-
.
,
"
..
'
1942
.
1941
sales
$18,538,573 $17,850,059
Cost oT goods sold_L_:_--_____'^j._ll__/__I_'Ll_'15.132,645
14,127,863
Gross profit
Oper,, selling, gen. and administrative expenses
Profit
Other
from
$3,385,927
$3,722,19;
2.312,936.
income
Discount
Interest
—
------
_1_
:L
2,366,38]
notes
$1,072,991" $1,355,8L
366,161
350,78'
-
$3,439,152
—
sales
on
on
•
operations_^__-y-
Gross income
$1,706,601
295,798
262,287
i___
-■
payable and mortgages-'-
22,828
42,720
54,162
115,208
bldgs., equipment, etc.
58,284
•63,022
loss from real estate sold____,
Prov.; for Federal and State income taxes——•_
36,339
72,454
*590,000
497,000
$380,628
$651,123
accounts written
for
deprec.
on
off
-
•
;
1,113
Net
Net
income
Cash dividends
dividends
after
on
on
preferred capital stock;-:
common
postwar
capital
2,787
Assets—Cash,
reserve
$395,713;
for doubtful
Sheet,
notes
Dec,
and
79,950
•
stock—-,
refund of $37,000.
Balance
(less
,
..
(ore paid for under'existing leases but
$505,072 ut Dec/ 31, 1942;
Such advances
aggregated
Green Mountain Power Corp.—Accumulated Dividend
Cash
of
total,- $23,495,725.
E,
and series H, $7,000.
Pay¬
Co., trustee, State St,,
Trust
division
1942
Miscellaneous deductions
of
next,
-
in
31,
Dec.
U, S, tax anticipation1 notes, series B & C,
receivable, $125,498; sundry accounts - receivable,
$33,529; properties (less provision for depre¬
and
royalties
(B. F.) Goodrich Co.—Director of Physical Research—
M.
Sheet,
royalty'collected
no
/Depletion
*Net
John
Federal
assessed
.
Advance
Provision
1942,
•
Street
for
years
prior
(estimated), $1,315,382; minority interest, $435,653; stated
$911,900; capital surplus, $17,579,188; earned - surplus, $2,888,118; total, $23,495,725. ■
/ /'-ir,/:'*:•/L-;
Doubtful
Ginn & Co., Boston, Mass.-^-Debentures Called—
the
$207,691
for
(y;//
<
$1,300,000 from the-Philadelphia Saving
note, which matures in 25 years, was
has borrowed
bank
of
interest
;
,
to file. answers to the
taken to bring about
companies
action
distribution
"
;
the
what
equitable"
cumulative
order,; the Commission asserted
adjustments were made the company's
its
directed/
state
of
stock
common
part of 20 allegations in
$6
its
on
certificates
on
1942
/ not yet mined)
General
and
"
•
The
>,
over
capital,
Georgia Power & Light Co.—Simplification Proceed¬
parent,
receipts
and
capital stock taxes,
disbursements of $562 in 1941.
charge
Liabilities—Accounts payable, $230,924; accrued
other
local
taxes, $99,272; accrued capital
31,
:•/*;
ings—
sentence"
a
and
$193,176
$170,535
in
.-
of
income
over
ciation),, $18,949,024; deferred charges, $58,114;
'
1942
■y-''-'..,
$39,941
>/
interest."
Assets^—Cash, $3,272,107;
^
.1943
$34,975
603.
taxes
deducting
excess
an
and Proprietary Cos.—Great Northern Iron Ore
Properties)
»"$ 1,050,000; .royalties
.
—Jan. 1 to Feb. 7—
1942
■
$32,000
revenues
157,. p.
Federal
Consolidated Balance
t (Trustees
:>$7,453;
Period—
1,598,550
distributions
expenses,
included
stock
capital
,
with
:/"••• '■»'
company-owned
President.—V.
Bozell,
V.
and
1942
and paid, during' the year.
compared
as
in
shows
1942
comparing with excess ot receipts
the months of January,
have
now
according
of
for
of. $18,031 .after
for its subsidiaries a gain of .4,008 company-
the
for
$2,899,718
2,212,772
credit of $33,529.
tAfter
in 1941, applicable to minority
$20,112
49,471
,
$1,160,174 .'$1,301,168
—(
3,000.000
3,000.000
share__r$0.77
:
$0.87
common
trustees'
103,380
59,207
$3,372,946
__
post-war
'disbursement
'
■
per
'After
$1.50
March
on
118,337
Cr2,029
charges
Net profit
Earnings
177,591
-
depletionl____^_____;y/
Dividends
holder, in cash at the rate of $1.50 for each
stock (optional stock dividend series) so held.
4,714
556,052
:
minprity interest/
to
on
held;
so
taxes
before
fDepletion
5,284
861,755
*301,761
surtax
for prior year.s_.__.
applicable
Profit
•
and
profits
Overprovision
553,
p,
385,212
buildings" and equipment.-.
on
Federal
record
$4;176,140
485,23L
Z—Jj.
Depreciation
General
the
1941
-
$5,202,493
thousand
per
1942
war
16, a9 follows: In common stock
share of: common stock for each
one
gain of 3,054 telephones for
ment
schedule.
propulsion
-
necessary
$405,531 was charged to
equipment scrapped during
Great Northern Iron Ore Properties—Annual
•
the
the
preferred
of
stock
Feb.
of
stock
preferred
The corporation reports
at
...
eleven
is
and
surplus
Federal .indictment
Atweli
'Disbursements
$0.31
stock
With the congratulations of the
Navy, a new General Electric turbine
plant at Erie, Pa., on Feb. 13 celebrated completion of its 100th shaft
represent
day
under
the
than
dividend
a
(optional
of
44/1000ths
option
$6
was
$4,000;
destroyer
the
603.
p.
I/ Sept, 1, and Dec. 1, last year; while on Dec. 20;a distribution
of 44/3000ths of one share of common stock or 50 cents per share in
$1,176,025
General Electric Co.—New Turbine Plant—
The
declared
stock
share in cash)
issued
$3,902,434
taxes
1942
•
William
the
June
share.
Ended
taxes
before
•(Earnings
of
of
rate
Dividends
priced
Dec. 26,'42
Pearl
have
holders
to
the
at
or
share
Fund
Federal
accidents
and 1 6%
lower
66
to
due
one-half
over
low
the National Safety Council
by
preferred
March
The
opening of the books.
Income
Net
is
record
1942
employees
slightly
all-time
new
—
W2 net, with discount to dealers of 25 cents
"Profit
by
year
just
was
'a
directors
common
Secondary Offering — Heavy
oversubscription of a secondary offering of 205,000
shares of common stock (par
$5) made after the close
of the market February 11 was announced
by Merrill
Lynch, Pierce, Fenner & Beane and associates shortly
the
&
13
John
contained
("too
•/
.
the best plant
was
General Shareholdings Corp.—Dividend—
The
Georgia
Acquisition of the Detroit property will represent the fourth produc¬
unit of the Froedtert organization, the two main
units of which
in Milwaukee, and the other at
Winona, Minn.—V. 156, p. 1049.
Baking Co.
earned
trade
hearing
and
Judge
Profit
years.
are
after
last
lost
plants
worked,
as
tion
General
two-count
the
permit
(
of
Feb.
Expenses
of
its production
Rouge in
malting
from
largest food
part
he. sustained
At
on
Safety Year—
those hired to replace men
creation of hundreds ,ol new
the
services,. and
The
will
laboring to meet the demands for malt and melt products in 1943.
"This plant was bought outright with
company funds, and was not.
purchased through borrowed capital.
The plant is located at River
quality
surplus,
machinery and
■
nation's
The
;
interest (par $1), $401,148;
$19,744;
14 reported
Feb.
on
bushels
is
sion
for
Atlantic
quashed
was
.after
y-- ■•-;
....
$1,595,518.—V. 156, p. 1502,
including
employees,
new
American Malting
Kurtis R. Froed¬
Detroit
the purchase, Mr. Froedtert said; "Ample property
and expansion was included in the
arrangements..
put the new plant into operation and at the same
ease
the
safety year in its history, despite the addition of approximately 120,000
Milwaukee, Wis.
on
important step to
an
earned
the
redeemed, $1,434; accrued miscellaneous taxes, $234; reserve for. capital
The
income
stock.1
Charges—-';V-'.
Wright
construction
our
time
on
•
commenting
new
created
substantial
:
.
quoted market price, $1,561,200; cash In
receivable,
dividends
'
.
total, $1,595,519.
stock tax, $240; total,
telephones,
the plant of
at
tert,
annual
of
1942
indictment, charging
tions
$1,345,770
—Purchases Plant at Detroit—
of
surplus in
An
and unrealized gains or
excludes realized
capital
or
Liabilities—Capital; Shares of beneficial
a
corporation
out
years
reserves
i
capital surplus, $1,530,967; unrealized depreciation of securities owned,
owned
Co.
During
$109,513
income.
statement
above
securities,
on
$6,892;
157, p. 131.
by this
income in
on
$1.43
subsidiary,
common
disposals together with other items, offset taxable
the year, $222,665 representing loss on sale of a
in 1941, was charged to a reserve provided therefor
dismantled
Great
1,153,008
$714,883
.
Purchase
Canadian
plant
on
prior
16,869
$111,171
for
fOn 395,075 shares of
$126,382
22,228
General Telephone Corp.—Gain in Phones—
Balance
losses
to
17,924
'
bonds,
607,128
deductions
income
2,332
_
._
—
provision
and
profits taxes:
1941,
$737,834
$1.71
charged
575
$129,095
Balance
per
income
etc.,
Net
Divs,
(net)
charges
'T-—--J/.
the year and for possible losses on two dismantled
plants held for
In
1941
plant losses and expenses incident to consolidation
concentration of knitting- facilities totaled $720,133 and were
1940
28,378
all
excess
income.
'
share———
per
No deduction for United States taxes
as
as
share
(net)
Other
'After
and
$119,103' .*'■ $101,902
30,209
——.
Note—The
vertible
Rent from lease of plant
Operating income-
•■' •'
'' '/<1942
operating profit.—$822,894
earned
1941
1942
$43,753,975
;
.
tEarnings,
Trust—EamingS-
accrued——
$45,843,199
156, p. 1864.
*Net
in
income
losses
938,541
revenue—"
oper.
2,500,000
7,500,000
Years Ended Dec. 31—
depre¬
■
income
Dividends
1,680,960
14,683
175,000
retire,
985,000
Gotham Hosiery Co., Inc. (& Subs.)—Earnings—
[
profits tax,
excess
(less
6,616,516
appropriation
Net
1942—12 Mos.—1941
$1,479,458
590,851
;
payable—.
p. .2038.
Total
Expenses
hours
$1,507,001
—
accounts
'
had
42,092
taxes
lor
330,000
$1,510,385.
total,
31—:
bonds
on
value
Motors
taxes
600,155
2,100,000
7,456,487
and
work.
Other
7,889,441
555,953
320,000
payable bank
divs.
•Income—cash
De¬
through Eastman, Dillon & Co., $1,000,000 4%~
debentures.—V. 132, p. 1041; V. 113, p. 735.
Federal
taxes—
$16,492,892
7,752,034
Total
U.
refund of
war
$43,386; fixed assets
$233,240;
$454,949),
General Investors
serial
revenues-
//'••»
claim expenses-———- $15,384,864
and
for'
plant
company
expenses-
///;.•. '7'"'
•
unearned premiums—A———
commissions on uncoil, premiums-
1942
total, $1,510,385.—V. 156, p. 1952.
armed
Period End. Dec. 31—
188,226
678,766
——
Sheet,
General Motors Corp.—1942 Best Plant
Feb.
Operating
Operating
//
claims
for
sion
Privately—-Company, maker of allow steels,
Florida Power &
187,288
772,210
—
Voluntary, reserve for contingencies A—9,730,347
Capital W—2,500,000
Surplus
7,500,000
552.
p.
nounced
it
accrued---
$45,843,199 $43,753,975
for
Reserve
year
for
surplus,
Co., McKeesport,
that
3,225,627
assets—
Reserve
$23,326
"■
$1.89
Balance
hand
on
bank,
accounts
bentures
16
—--•':
and
due
500,000
3,064,664
than
not more
—
Trust
(estimated), $115,197; other Federal and State taxes, $5,604; accrued
on
10-year notes, $5,767; funded debt, $432,500; deferred
income, $87,421; 5Va '/o cumulative preferred stock (par $5), $200,000;
class
rents
480,000
Reserve
147,791
118,283
Assets^—Securities owned
Federal
and
Reserve.for
.
$171,117
147,979
(unsecured), $100,000; accounts pay¬
able (trade), $86,671; Federal income and excess profits taxes, $128,843;
social security taxes, $11,316; sundry payables and deposits, $15,971;
accrued liabilities, $25,819; capital stock (par $5); $732,500; paid-in
surplus, $204,183; earned surplus, $280,627; treasury stock, Dr$75,545;
and
1941.
in
interest
common,
1939
1940
$134,706
177,799
___
of
$6,175,966.
able,
'1941
purposes.
of
and
Balance Sheet, Dec. 81, 1942
$1,596,687; U. S. Government securities
1943/6 at
cost plus
accrued Interest, $125,150;
guaranteed notes and accounts
receivable, $4,250,967; other assets, $179,997; deferred charges, $23,164;
Liabilities—Registered
2,792,313
3,624,900
;
-
due
3,553,261
3,541,100
:
in course of collection
Liabilities-—
$224,209
share—;
stock,
A
prepaid expenses,
of
agree¬
Assets—Cash,
total,
2,750,837
3,086,436
_
„
—
admitted
Reserve
52,646
—:
—
reserve
—l_
months
Interest
Other
notes, $213,594; marketable Investments, $8,076; trade accounts receiv¬
able (less reserve), $328,172;
inventories, $392,912; miscellaneous '.re?-
15,664
extra
Note—Earnings
B
$199,522
,11,000
common—
adjustment
Department, according to
Vice-President in charge
Baker,
$29,125
Consolidated
36,963
*$174,356
preferred—
i
stocks
guaranteed
1941
$2,022,059
27,168,824
29,494,961
——
——j
and
stocks
estate';
three
-
77,423
123,305
profit
.!-2
$2,465,703
•
_
bonds—
bonds
Preferred
State
taxes
divs.
G.
147,666
per com.
* Class
t.
Liabilities—Notes
80,114
&
Other
Department
$176,791
.
ciation
$377,775
-
banks--—:
Government
Premiums
Electronics
and
Electronics
R.
1942
profit
Years Ended Dec.
Cash
class
1942
expenses
S.
Corp. (& Subs.)—Annual Report—
$2,581;
charge-
——
Operating
W.
-i—_
ceivables and
Gross income less
the
as
Dr.
19,304
21,452
$525,962
Finance Co. of America at Baltimore —Earnings—
Years Ended Dec. 31—
by
paid
288,175
287,192
$779,015
157,
U.
i
gold debentures
figures.- -V.
in
Cash
of
.
15,000
income
■'Preliminary
Financial Statement, Dec, 81
Assets—1942
Erie
in
construction
Television
Radio,
be known
Assets—Cash
Net
plant
a
15,745
$1,072,035
_
Miscellaneous
the
Calendar Years—
247,710
-
48,500
.
5 Vs c,'c
had
to
department.—V. 157, p. 603.
Surplus
___
on
has
prior
Electric
henceforth
the
Earns,
Balance
Interest
Globe Indemnity Co.—Balance Sheet—
Total
prof,
exc.
now
,
General Candy
$964,719
$1,143,833
203,901
—_
depreciation
income
there
announcement
an
of
15,180
14,517
1,442
—
is
350
miscellaneous expenses
for
General taxes
Federal
$687,138
152,683
not consol.
co.
Total income
General
Provision
$976,634
20,000
consol—
cos.
and
Common
The, General
$1,296,311
subsid,
output
rate not originally expected
Name Electronics Department—
41,876
________
from
its
tripled
Real
Balance
Interest
has
ago,
Gene,raL Electric
products'
concluded.
transferred
as authorized
date,
surplus
years
since 1911, the
marine turbine
facilities two years ago were foundry products, electric transportation
equipment, and electric refrigerator cabinets.
Many
workers who
formerly produced the latter now make turbines, the announcement
.
1941, from surplus
that
by directors
$1,296,311
_
declared
two
Monday, February 22,1943
1944.
major
Less:
only
producing vital propulsion equipment at a
1940
1941
consol.
cos.
CHRONICLE
& FINANCIAL
/
31,
•
•••■"'
1942
accounts
accounts of $220,873),
105,118
48,360
(j
.
■
-
•
-
?
receivable, customers
$1,801,690; accounts
Volume 157
(other)/ ".$17,432;/inventories,
receivable
"pfd/
THE COMMERCIAL & FINANCIAL CHRONICLE
"Number "4153'''
Hajoca
$1,817,39Q;<,
" Corp.
-
stock (1,806 shares purchased and held in treasury),
mortgage receivable,'$20,000; cash surrender Value of lite
Insurance policies (net), $14,384/other investments, $ 1; .land, buildings,
machinery and equipment (less reserve for depreciation
$995,199; deferred charges,-$91,945; total, $5,283,464.
;
Comparative Balance Sheet, Dec, 81
.
of
State
income
mortgages
taxes,
$627,000;
deferred
credit,
value,; payable
were
$4
paid
Mar.
Mar.
June
on
May
on
the
on
1,
15
15,
1942.
15, ,1939.—V.
$4
to
holders
Sept.
record
and Dec.
15
$1
share
per
prior preference
of
15,
Like
was
196,930
162,548
145,240
receivable
directors
of
$1
Common
on
156, p.. 1864.
account
of
payable
have* declared
accumulations
March
sents.the
1 -to
holders
.
Feb.
4,075,294
782,575
651,543
———
113,823
——
62
cents
B
stock,
mortgage 2%%
'Note
This
20.
months'
payment
on
Operating
sold
Accrued
repre¬
to
trustee
of
Tel.
and
not
due
premium
deferred
customers'
1,883,052
Contributions of
14,686,351
Net
778,026
26,112
119,364,462
114,195,208
reserves-—
plant—:
Feb.. 1.1 declared' three dividends of
+
The
Feb,
16
and
and
157,
dividend
,A .year-end
dividend of 15 cents
345,'.
'
regular
a
last.—V.
respectively.
Apr.- 20,
per
\
«
•' '
70
on
share were paid
vV
p.
of
3 Months Ended Dec. 31—
17.
*
Cost
the
$772,923
A.,final
inch selling, advert. & deliv. exp.
557,337
and general
expense^/j/-,™-/,-;;66,837
-614,217
last
for
paid
Co.
of
15
10
of
Canada,
cents
cents
of
$86,146
52,265
55
cents
1941.—V.
of
the
*—
Income
for
156,
30,
final
year,
share
been
30
of
for
doubtful
$138,410
$284,296
Federal normal
income
State
Foreign
Net
surtax
dividend
income
—
3,800
.taxes-i//l--_„-----/--_----~/i :,//./
income
profit
Note—Provision
for
depreciation and
Dividends
of
15
57 Va
will
cents
cents
10
and
make
share
per
eral
5.
as
31,
amortization
of
Total
.
provements charged to manufacturing and other classes of
amounted to $51,493 in 1942 and $53,889 in 1941.—V, 156,
.
in
Net
2131.
Operating
etc.—
exps.,
-
_
Depreciation
Mar.
12.—V.
by
each
and
with
Total
1,790,252
Undivided
earnings Dec.
812,849
•Exclusive
of realized and
$1,724,269
$2,491,409
1,784,591
.1,782,341
f
•
•
ip2J2,068
stock
cap.
($5
Earnings
outstg.
per
Assets—Cash,
United
/
•
$43;923;
Dec.
31,
on
hand,
$2,374,984;
$9,843,912),
total,
$21,808,143.
2132.
■/■/'.
Hudson
authorized
have
interest
13A%
1,
Humble Oil
&
1050,
stock,
value,
par
no
Payments curing
payable
April
1
to
1942 were as -lollows:
Illinois Bell Telephone
/
/'HzZ,•//,;/
'
/;';//////
holders
April
of
1, 37Va cents
156, p. 1775./ : ;
Calendar Years
-lit'
,b
'
$'
'4
''
r-' '* / »"
/..iif/
/
;
1939
I
18,708,581
17,303,476
8,115,014
882,052
909,163
'517,141
483,072
486,868
,468,355
4,296,852
.
950,840
3,813,886
3,372,936
3,185,492
pensions
sick,
accident,
1,898,543 ;
;
—__
other benefs.'
;
"exps. chgd.
;ond
constr.")
119,412,186
available
699,191
common
stock-
deficit
:
748,165
1,358,292
1,280,413
885,443
tl6,419,014 tl6,742,095
14,904,736
12,704,715
Dr770,030
14,620,456
Dr762,821
169,390
135,231
11,934,685
13,857,635
15,057,981
15,462.337
1,673,263
1,575,000
1,575,000
432,809
14,888,591
15,327,105
261,137
228,638
10,094,979"
11,751,563
13,221,844
13,658,699
11,374,930
12,000,000
_12,750,000
"*471,844
12,750,000
1,279,951
248,437
'Surplus.
$100)
$6.21
$7.83
surtax
(including
for
excise
estimated
tThe company does not consider that it has
Profits Taxes
$9.11
any
liability
1,489
$132,438
18.174
,
$114,264.
11,343
5,641
$101,586
$119,905
llO.OOO
Z
Federal
normal
Dec, 31,
by
yarn
the
(demand
promotion
deposit),
$68,103;
/
„
corporate
'
marketable
from
'
•
and
0.
Business
of
watson,
of
John
this
for
U.
securities,
S,
;
taxes/$640;
"
the
total,
$34,610,987.—V.
:/ •"
'•
C.
common
Federal
capital
■'
1942
(100,000
•
For
the
future
Corp.—Promotion—
to
was
the "position
announced
of
director
Feb.
on
to
$4,607,611
:
\
/
favorable
.
detail
to
company
'
'
basis
the
convert
the
Z Z'/
.
War
its
for
Z-
parent
Z'."''"Z. Z///''/;,::/Z-Z/.Z-'Z1"/.::,'
and,
in the
as
a
manufacture
post-war
expansion plans which
issued
per
date
the
of
State
Naval
the
Net
profit
1941,./
265,108
$6,863,071
150,000
expenses—
tax
for
Each
•
less
Cost, of
amounts included
in
-
and
cost of
for
39,120
1,117,000
3,838.500
their
regis¬
originally
debentures by
warrants were
convertJble
in
stock
January
at
1,
this
of
year
price
of
$8,121^
designed
provisions
to
protect
a
1947,
the
expiration
13,000
2,111
39,081
$2,006,363
tOn
on
The
&
/
$2,311,711
1,898.313
$3.04
to
hand
$1,243,753
Balance
759,325
and
$6,155,475;
shares of
and
no
par
in 1942
plant,
and
and
equipment
$1,202,770 in 1941.
Sheet, Dec. 31, 1942
demand
trade
property,
deposits,
accounts
in
the
renewal
original
(&
the
form
award
the
of
Army-Navy
of
AD-
"E" with
honors
production
for
was
12-month
a
Subs.)—Earnings—
1942
1941
1940
$6,973,026
$3,976,043
4,697.455
2,721.581
862,112
'671,888
$1,413,458
$582,574
.
$9,282,984
.
6,037,068
adm. -exps.
-;
profit
$2,$70,028
^___
775,888
1939
•
"
$3,219.8;
2,219.6;
"•
627,8(
$372,43^
etc.__/,
59,552
88,519
80,889
82,654
,_r
$2,529,580
$1,501,977
$663,463
$455,08*
Depreciation
55,374
paid" &
51.248
12.214
4,311
11.75C
360,000
349,022
120,310
65,262
*1,328,300
other
Fed.
for
later
the
al-
discounts
__/
for
renewal
and
306.000
$333,468
chgs.
inc.
Fed.
tax
'
43,681
4
4,60f
excess
2,226,000
inventory of experimental product,
goods sold..
&
income,
Profit
Prov.
.-___
depreciation of
amounted
securities,
investments
of
by
star
profits
Prov.
tax
for
Net
contingencies
year__.v
100,000
$683,492
$495,160
414,421
for
$529,906
393,700
207,210
186,489
$115,485
profit
250,000
$289,792
$287,950
$146,979
Dividends paid
Surplus
Earns,
per
stock
sh.
(no
*Aftef
on
com.
par)
post-war
$3.20
credit
$25,700.
for
$2,419,339;
receivable
Assets—Cash
securities,
bad
U.
(less
S.
Gov¬
reserves
$1,751,682; inventories (less reserve of $50,000), $2,141,285;
and other assets, $90,114; property,
plant, and equipment
debts,
assets
tax
etc.
of
$4.12
refundable
portion
$2.98
of
excess
$2.01
profits
tax.
...
Balance
Consolidated
of $70,000),
/
604.
returns,
Operating
Prov.
33,236
stock—
sale
followed
one
period.
p.
stock.
Note—Provision
ernment
Corp.
common
star,represents
sales___
gen
Int.
753,000
surtax—______
(net)
157,
"'lowances
88,161
_______—______
with
six-month's
Sales,
94,628
____
from
Assets—Cash
$1,502,000
its
operation
Years End. Nov. 30
.
99,836
share
above
The
dilution), until Feb.
157, p. 254.
award,
award
a
125,198
1,898.312
and
tax
years
capital
included
the
against
"E"
126,129
$2.64
prior
on
capital
of
contemplated upon
1935.
Chemical
$6,303,736
1_
•
14,000
per
value
156, p. 782.
Corp.—Outstand¬
warrants.—V.
stars.
89,732
—
credits
&
Jaeger Machine Co.
149,652
————————
income
Dividends
•Less
to
is
warrants
redemption
$6,038,628
tax
for
the
purchase of
(subject
ordnance
Navy
Sell.,
experimental
&
profits
income
Adjustment
on
record
quarter
Announcement of the conferring of the fourth
production" award
the
Huntington
Works
of
The
International
Nickel
Co.
at
Huntington, W. Va., was made last week by Robert C.
Stanley, Chair¬
man
and
President, following official notice from the U. S.
Navy.
The award gives the
plant the right to fly the Army-Navy "E"
with three stars.
Previously the Huntington Works had received the
-
$6,713,419
payable
charges
excess
1942.—V.
Chemical
of
each
upon
temporarily laid
Z 1942:-;' "'"V'-r-'
—
notes
normal
paid
International Nickel Co. of Canada, Ltd.—Three Star
proposes
in connection with alter, of plant & equip.
Loss on disposal of depreciable assets——;—
Miscellaneous
to holders
share
per
Award by Navy—
viscose
Exp.
Federal
of
Minerals
the
warrants
two
Earnings for the Year Ended Dec. 31
contingencies^.-^.—.————
Federal
the
for
share
the
for
of
program/
were
„„——'.
develop.
on
cents
&
the Securities Act of
upon
are
period.—V.
profit I——
income
'Research,
Interest
40
York
International
>''•/•//.Z':/^3 -/*I'Z-"Z'Z.
Z
for
with
Minerals
public offering
and
Board's
$20,731,139 $19,152,735
-Cost of goods sold————.
———,.12,947,068 ,12,056,349
Selling, administrative^ and general expenses—
1,070,652
1,057,758
Total
dividend of 30 cents per share
a
value, payable March 26
•
A
Z-—
Provision
declared
10
par
26, 1941, to and including Dec. 26,
tration under
the report points out that post-war
for the resumption of civilian business
The company has now had more than four Z
'■
income
no
compares
&
Weeks
and
Hallgarten & Co, have acquired from
Corp,, one of The Equity Corp. group of investment com¬
25,000 outstanding warrants to purchase common stock of
International Minerals & Chemical
Corp. and have also acquired from
First York Corp.
the right to acquire up to an additional
125,000
warrants, it was announced Feb. 15.
v
A
plants
rayon
sales
Other
)
.
panies,
as
Z/Z1" 1 Z.:Z,:v-
plant
bv
Hornblower
First
calcula¬
Production
13
two years he has served
demands department.—V[
I5rh
past
ing Warrants and Rights Change Hands—
/
the largest in
were
This
International
accompanying the report, Hiram S.
relief provisions of the excess
more
complete
continuous process
Operating
nor¬
total, $1,613,180.—V. 156.
■
Machines
McPherson
company's
Feb.
on
stock,
10.
from Sept,
156,
:
common
March
ex¬
future prospects,
of
Consolidated
Net
$],-
Government-.
:
.
payroll
corporation
President.
the
The directors
the
cap¬
accrued
1941.
earnings."
in
to carry out the original
aside for the duration.
'/"••'""'/Z
and
1912
(
contingency
Federal
$6,950;
taxes,
1942 amounted
of successful operating experience
*908,699
$8.81
1941
high
tEarnings
sh. on 1,500,-
000 com. shs. (par
Excess
.
824,239
"
or
889,878
for
—
interest
larns. per
972,942
1,513,395
484,671
income—
charges
Balance
,
1,355,035
income
interest
on
a,458,456
1,158,007
Net inc. avail, for divs.
>ivs.
1;708,579
.1,112,612
'
.
et non-oper.
>ther
;
.1,540,805
—
...
fixed
1,511,472
under
contract
Jther general exps. (less
Income
and
provisions
much
great problem.
no
1942;
$130,948
15,435
tAfter
z"
Interest
treasury
received
for
a
future
-./
•
7,745,779
•
952,289
—
of
International Cigar Machinery Co.—Smaller Dividend
recently
to
of
discussing
10,829,315
&
oper.
year.>/."•/;
In
11,008,517
departments —.—
for employees'
faxes
a
91,710,178
expenses
transactions,
and
Manager
604. •: .-■/
p.
•period increased labor rates and advances in other items were absorbed,
The company's three plants in Cleveland, Ohio; Painesville, Ohio, and
Covington, Va., are operating at capacity 24 hours a day, 365 days
97,415,697
18,625,237
expenses./
"1
90,000
security
engineering
as
,
■y
284,963
17,149,792
end
2,559
,
surtax
(estimated), $4,200;
shares), $1,000,000; surplus, $608,340;
Tnonias
dividends
tenacity 1,100 denier tire yarn.
This yard will
produced by the new continuous spinning method. >- - /
//"'■
Prices of the rayon industry generally, the report states, have been
maintained at existing levels for the last two years, during which
91,995,141
21,356,308
v
'
31
—
International
that under the
stated
on
order
directive
271,936
'rovision
Net
total,
tax
stockholders
the
share/
per
$4,200.
income
The
of
be
97,687,633
,
tax
—„
2307.
/
-
shares, $29,228;
$34,610,987. Z, s
$34,253,145;
$3,395,081
to
discusses
manufacture
110,573",772 104,766,979
288,367
284,628
——^
revenues
legal departm'ts
license
•
/■/,'■'Z/'1 Z/■:'^':;;^"/'Z/Z,Z ///'" ,Z';.
established
taxes
2,448,750
2,759,330 —.2,715,677
expenses —■
service
income
$160,000;
capital,
law
letter
years
)perating rents
&
of
The
presents
,11,843,152 'I 11,387,716
23,913,887 •i' 21,716,416
9,316,062
8,745,805
service
tion
/
69,421,117
Jepreciation
death
with
have
20,318,577
2,255,447
24,371,210
.21,220,294
Cmpl's
'
treasury
company's income for
letter
rehabilitation
•
•'
will
21,763,389
revenues/
oper.
Accounting
'V^-SirA:-
•
1941 //Z:/Z. 1940
;
2.
1 and July
lurrent maintenance—
ixec. &
.
common
March
of
par
$791,384
enacted the company^ proposed to file a
claim for the recovery of a portion of its Federal taxes covering the
years
1941 and 1942.
"Based on the opinion of our counsel," the
letter states, "not only will the recovery be substantial, but tn addition
73,475,494
4—
Commercial
record
the
tax
79,789,037.;.*77,680,092
Uncollec.ioper.
["raffle
of
sales
Massachusetts
and
of
Fed/
$115,679
investment
on
at
end
for
the
//
IIIIII:
Liabilities—Accrued
mal
market
v
on
profits
28,025,405
;
revenues--
.Miscellaneous
Total
.1942
^ '■*'
1
revenues-
service
Total
"
.
the
on
'
at
,
—-1—
^
$14,765; total, $1,613,180.
1,821,627
fee payable Jan. 2, 1943, $42,816; accounts
investment securities, $70,611; accounts pay¬
treasury shares, $64,215; provisions for esti¬
of
normal
President,
revenues./ 110,285,405 104,432,351
service
Local
Toll
'*
\
/ V/ '
Co.—Annual Report—
.Income Account for
■r
'
!
:
Reiining Co.—37 Vz -Cent Dividend— ;
each; and Oct. 1 and Dec. 26, 62Va cents each,—V.
;
1942
at
earnings of corporation for the year
In the
we
1151, 1689, 1953.
-.'-A dividend of 37s/2 cents per share has been declared
■
Sheet, Dec. 31,
investments,
$161,473;
of
$95,000),
tax
compared
•
adjustment
the
on
income
Assets—Cash
$2,613,011
$516,191
$1
were
held
./'
stand
the
at
provision
—,
,divi,dends receivable, $8,687; due
1,797,973
—
company's history.
Taxes
bonds to be payable April 1.
A like amount was disbursed
last/compared1 with % of 1% on Jun 11, 1942,—V. 157,
5'/«
42, 474, 554; V,: 156, pp. 695, 782,
pp.
of
v
$17.10
and
Account/Years Ended Dec.
^-—_
gains and losses
.
Gross
the
^//Zy;"//
;ZZZ'.
;.
Manhattan RR.—Interest Payment—
&
directors
Oct.
on
of
203.9.
Rivitz,
income
5,625
3,282
Industrial Rayon Corp.—Annual Report—
-'/
eign taxes, $699,257; reserves, $870,601; earned surplus, $17,269,874;
capital surplus, $117,903; capital, $2,313,500; total, $21,808,143.—V. 156,
The
purchase
$13,249;
penses,
-p.:
$537,007; United States and for¬
Liabilities—Payrolls, vouchers, etc.,
•
irom
repurchase
stock
ital
inven¬
$754,918; investment in Dominion of Canada bonds
bills, $2,105,220; fire insurance fund, $224,433; deferred
$22,764; mining property,
plant,, buildings and machinery
(less reserve for plant
of
transactions
(estimated)
the previous year.
in
would
company
with
income
on
Balance Sheet,
operations, $25,611; other assets,
depreciation
carrying prices, the value
the
..
receivable,
Federal
provision
supplies,
to
$9,4it0,869;
p.
for
mated
and
$1,007,029;
$482,819;
securities
$1,14
of
compared
Liabilities—Management
Treasury
charges
interest
able
bonds
%
$113,120
paid
•Exclusive
of
p.
$1,980,403;
receivaoie
payable for
1942
Treasury notes,
from metals sold,
metals
and
474,291
$5.25
States
receivable,
accounts
receivable, other,
of
Sheet,
$1,371,659;
bills," $3,903,914;
tories
-
*
rather than
stock
as
profit
surtax
no
;
unrealized
Balance
aceuums
of
—
Dividends
quotations, $32,434,967; accounts receivable from sales of investment securities, $4,916;
$os4,995
*$t>8,0<2
.
;
Balance
Consolidated
and
^
^
"
469,991
475,291
shares/-;Z-\$3,75'/' /./■. *'$3.85./,v\ ■ $3.63
t'! j'
,/!
V-//.
•Deficit.
accounts
$23,632
462,700
par)
26,918
1
'
market
taxes
697,717
the year—
31
1,896,414
Surplus
quarterly dividend of $1.25 per
payable Apr. 1 to holders
the 50 companies whose
securities were
paid dividends during the year.
/
*
•Net
237,659
791,384
,
record
quarter
1941.
the usual
Adjustment for prior years' Federal income
$1,909,669
1/—.:' $2,314,165
Cash divs. declared and paid during
Assets—Cash,
Shrs.
133,385
$2,147,328
.
of
Inc.—Annual Report—
share
Dominion
share
per
each
$100,243
11,662,650
$1,808,223
cents
holders
made
.preferred stock,
157, p. 42.
Expenses
$1,492,581
——
1,086,979
822,345
1,315,393
20
to
been
J*//—'
——————242,874
income
8,014,878
$1,747,461
—
—
of
10
have
$2,013,943
$1,735,455
_
1,589,707
658,965
dividend
a
amount
1942
1941
$1,664,597
14,254,151
-
481,493
'
for
paid
stock—51,050
securities.
income
Net
Dividends
10,859,782
1,455,331
1—_
declared
like
including Sept. 10,
Income
^
,1942
'
1941
1940
1939
*
revenue—i $14,544,067 $18,311,046 $11,648,470 $16,757,160
oper,'
Taxes
«
companies)
392,855
'
stock,'payable Mar.
of
assets valued at
Total
earnings Dec. 31
Adjustment of overaccrual of prior year taxes—
Net amt. for participation in undivided earns.
Years-/-
..Calendar
Total
interest in-subsidiary
3
common
total
a
1942
l
income
Expenses
Co.—Annual Report—
(Including
.
$521,690
281,212
Dividends
Undivided
Sound
Howe
<
$434,333
41,566
-
Feb.
on
A
compared
all
which
expenses
p.
$52,412
.
,
Of
each
cents
1942,
31,
Interest,'Vk/19.808
$78,672
lease-hold im¬
353,326
3,337
Earnings before
the
on
March
on
of
Dec.
.Cash dividends
3,100
——///■' $142,144
/•■
465,289
!n!h13 ^ tl?e end of 1942>
1941.
Incorporated Investors—Earnings—
39,500
etc
on
taxeS^li/—
2,051
19,048
$13,987
Distributions
represented
:
Year Ended Dec. 31—
16,439
103,000
6,500
accounts,
and
29.551
652
71,846
Inland Investors,
for
March
record
made
was
and
dividend
declared
dividends
Sept.
against
as
final
a
tb holders
per
865.
p.
have
Interim
June
current
last
cents
1941.
31,
,
Discounts, foreign exchange adjustments, provi¬
sion
$877,067
50
____—
Interest
Total
$900,274
164.
class
of record
,4
Ltd.—Dividends—
share and
per
share
per
17V2
year
March
on
together with the
11,162
—I-/.
income
of
distribution
year,
were
72,561
$273,133
profit
Operating
dividend
1942
year
"$397,308
of sales,
Administrative
Other
interim
ordinary stock, both payable March 31
1941
I942
•Net" sales-
Tobacco
„
(& Subs.)—Earnings—
Hires Co.
(Charles E.)
$71,510
.
oper.
income/—
—
p.
19.
With
Imperial
...
An
'
1,061,572
$85,883
'
'Demand
Jan. 29,
cents
$1,940,367
1,720
1,167^230
•The directors also declared
share on the, 5% cumulative
20,648,761
388,559,916 375,342,563
——
2,019
95,122
106,725
______
directors
the
on
note held by
trustee as an investment of pension trust
funds not presently required to meet
pension payments.—V. 157, p. 254.
payable Feb. 26, Mar. 26 and Apr. 30 to stockholders of record Feb. 23,
Mar.
Total
t;
taxes
157,
since
10,450
Unappropriated surplus —19,290,824
cents' each,
15
of
$2,069,523
Indianapolis Water Co.—-Dividends—
,
;
1942—12 Mos.—1941
$166,632
'
-v
Ilibbard, Spencer, Bartlett ,,&■ Co.—Three Dividends—
on
lease
oper.
—V,
11,917,808
757,336
57,228
——
telephone
for
Corp.—Earnings—-
189
revenues—
Net income
8,384,666
debt——
$3,604,500;
50
oper.
1,805,921
6,858,140
—1—*
funded
on
rev._
expenses
Operating
12,500,000
dep'ts
$1,001,000),
1942—Month—1941
property
5,058,585
■
8,800,000
liabilities—
credits.
Depreciation and amortization
'
Net
50,000,000
4,333,497
& Tel Co.—
of
shares),
$192,797
7,900
—•
50,000,000
pension fund———
and other current
liabilities
Unamortized
Other
1
'
19,576
—
no
___
oper.
.
150,000,000
19,576
...
bonds, series A
from American
Accounts payable
period ended May 31,
.
directors
revenues
Uncollectible
158,987
162,499,000
————
Advance,billing for service and
$25,
par
par)
(759,325
Indiana Associated Telephone
Rent
($100
capital stock
Capital stock subscribed———————
Advances
.share
per
during 1942 were as- follows; March 2, June
Sept. 1, 31 cents each; and Dec. 1, $1.57.—V. 156, p. 1774.
The
stock
Period End. Dec. 31—
388,559,916 375,342,563
—
on
■:
Payments
■
of,record
■
.
of
57/. preferred
for "the-slx
dividend, accrued
1942.'
the'
on
10,708,593
4,194,777
——.
charges
stock
v.'
a'dividend
——
—
„——
"
The
—
deferred
15,091
12,405,455
—.
supplies-.
Premium
with
compared
series,
for general
contingencies, $150,000;
$10,124,333; capital surplus,
$4,735,714; earned surplus, $6,758,356; total, $29,651,442.—V.
157, p. 42.
Liabilities—
Iicywood-Wakefield Co.—rAccumuIated Dividend—-
.
7,432
——
receivable
and
Total
amounts
quarterly
a
tax
384,448
Notes
par
no
notes,
par
account
on
Treasury
reserve
First
;
S.
capital
Other
stock,
Mar.. 5.
last year,
The previous payment
U.
long-term debt, $3,400,000;
Operating
dividend of
cumulative
(less
1,570,332
—
Special cash
Ilartman Tobacco Co.—Accumulated Dividend-raccumulations
ance,
1,007,882
Prepayments
of
418,366
326,910
1,008,782
Material
a
Liabilities—Accounts payable, $603,319; accrued
taxes, interest, insur¬
and royalties, etc., $275,220; Federal and State taxes on income
364,324
328,110
1,912,546
Accounts
declared
$9,462,633), $16,987,245; goodwill and
etc., $106,301; total, $29,-
deposits
Working funds advanced to employees———
$10,645;
par),
have
$
——■——T__—„——
$440,329;
directors
of
prepaid insurance* taxes,
651,442.
367,026,128 355,936,363
——
property,,—,—.—
subsidiaries—-J
Other investments
capital' stock,
The
-
physical
in
Cash
preferred stock ($100 par), $1,443,100;
$38,688; .reserve for retirement of preferred
$150,339; earned surplus, $1,386,133; capital surplus,
total, $5,283,464.—V. 157, p. 603.
($1
plant
Investments
for depreciation
reserves
patent rights, $1;
1941
$
.
Miscellaneous
(less
1942
.
•
Telephone
$919,072),
payable,.. $79,026;
stock
common
1942,
year
'
-
Assets—•
Liabilities—Accounts payable, $1,026,127; "accrued salaries and wages,
$33,803; accrued taxes and interest,. $48,273; accrued Federal and
,
-
capital
5129,711;
...729
in
$400,000;
etc.,
of
banks
notes
Sheet,
and
on
and
$50,000),
Nov. 30,
hand,
$845,393;
accounts
$619,553;
1942
receivable
inventories.
U.
S.
(including post-war refundable portion of Federal
$25,700),
(less
deferred
Government
(less
reserve
$2,218,439;
excess
for
other
profits
$208,182; land, buildings, machinery and equipment
reserve
for depreciation of $380,993).
$785,940; patents, $1;
charges to operations, $46,324; total, $5,123,832.
THE COMMERCIAL & FINANCIAL CHRONICLE
'730
Keystone Steel. & Wire Co.—25-Cerit Dividend—
liabilities—Accounts payable, §286,357; accrued accounts, $211,796;
estimated Federal income and excess profits tax (net),
reserve for contingencies, $350,000; common stock (no par),
(165,768 shares), $1,632,076; capital .surplus, $138,801; earned surplus,
provision tor
The "directors
$967,000;
total,
$1,537,803!
$5,123,832.—V,
156,
oh
Investors Mutual
of
1942,
p, 255.
.
604.
p,
•
• ■
'
$1.50
of
per
Co.—Stock & Notes to Redeem
Union Electric
Iowa
Bonds—
;•
Total
' ' V
V
Years End. Dec. 31—
Union Electric Co. of Mo.—V.
475.
157, p.
**!..•,I
♦Net
Central
Jersey
Power
FPC Case—
Orders Reargument of
U.
The
S.
of
case
company
is
contesting
subject to Commission
regulation.
the
which
The
Co.
company
violation
the New Jersey
be
the
of
to FPC jurisdiction.---V.
Interest
156, p.
f.-*^ mm
,
I.. m-,
»■■■ .».—1,1
$206,704
18,085
16,945
$291,029
I.
P[I
:
■■
.
55,395
47,636
,$116,316
*ip.T|
I
dividends
Common
~
86,720
.
surplus
Balance
ing
Earnings
1608.
* After
.
—
$28,696
$43,091
.
outstand-
com.
(no
.,
.
par),.
per share—
82,73i
.
—
55,056
•
•
88,675
$1,48
depreciation of $5,296 in 1942, $5,638 in.-1941,, $6,a78 In 1940
1939.
t Includes provision for surtax. I On 5%, preferred
profit
Profit
,
^
Income
credits
31, 1942
$335,484
38,147
153,227
122,885
$399,464
$174,452
84,308
7,855
ments, $17,625; real estate, machinery and fixtures, equipment, better¬
ments and improvements (less reserves for depreciation and amortiza¬
hand
and
banks,
in
$149,367-; i notes
trade
and
;
of
$146,564),
deferred assets,
$56,861;
$56,431;
total,
Dividends
paid
per shr.
Earns,
stock
year
———
$366,489
207,277
$118,018
30,899
-
$0.52
$1.16
$1.24
$0.38
,
Sheet, Oct, 5M, 1942
Savings bonds, series F, $49,950; ac¬
counts receivable (less reserves, $49,165), $144,114; inventories, $1,088,062; cash surrender value of insurance on lives of officers, $63,757;
investments, $501; fixed assets, $207,454; deferred charges, $43,816;
total,
$285,964
U.
cents
on
total,
$1,883,619.—V,
156,
p.
share
$1.75
of
Years End. Oct. 31—
(&
record
1417.
12,
II.)* Kress
(S.
Subs.)—-Earnings-
1941.
Feb.
on
Net
Net
regular quarterly
Co.—Annual
&
Report—
sales
profit
;
(& Subs.)—-Earnings—
1941
1942
w—$3,498,121
expenses^—364,404
1940
3,848,591
3,232,483
581,605
147,833
2,846,896
$3,897,748
2,914,685
1942
1939
$3,817,330
-
$
'
V
-v
1941
'
420,287
-
20,234
charges;
10,828
...i——218,268
76,458
199,200
75,319
$58,849
dividend of
1 to- holders
:
year
Loevv'Sj Inc.—Annual- Report—
•
Consolidated
;
$125,533
"
taxes, except $5,300
dissolved.
tSubject
to such further provision as may be necessary against war contract
contingencies ahd to year-endl adjustment anl audit.—V. 157, p. 166.
provision for United States excess profits
in the case of a subsidiary now being
*No
this
<(Incl.
all
Account
Income
for
^
-
;
•
Years Ended
1
August 31
partly-owned affiliated cos.)
wholly-owned subs, and
.
1942 w ;
1941
' 1940
1939
receipts, rentals
$
' $
"
$- •* •
v
■$■..:•
<fe sales of films, etc. 130.052,920 124,213,557 133,375,151 122,577,543
Rents income
2,457.388
2,431,834
2,468,133.
2.541,802
•Miscellaneous income
'
2,070,553
1,764,489
1,746,836
1,222,380
Other income
631,219
560,153
713,172
1,060,866
.
.::
1940
'
Theatre
'
1939
'f'
*S
S
88,299,960
.84,851,372
$
- ■
f
$3,911,816
after
tNet
?
•;:,../v-\..; ;
Yeats
Income Account lor Calendar
1
'V-.'.
.1941
$4,386,214
,
y
16
Depreciation
.
$5,092,787
1942
had
company
Interest
,
the
declared
2
share on the 7%■ preferred stock,-payable Mar.
Feb. 17.—V. 156, p. 2307.
..
Kokenge Co.
.J
.
1943—12 Mos.—1942,
1943-Month—1942
Liquid Carbonic Corp.
the usual quarterly dividend of 25
on
directors
per
t
Co,^1.75 Dividend—
3 Months Ended Dec. 31—
record
12 and Dec.
fcJept.
$512,972;
Feb. 15 declared
the common stock, no- par value, payable Mar. 10
Feb. 25.;
Like amounts were paid on this issue
Mar. 12, Oct. 30 and Dec. 28, last year,: and on Mar, 14; June 12,
per
holders of
to
The
&
■
Common Dividend—
Stores, Inc.—25-Cent
The directors on
payable; $17,532; accruals/ including income
taxes, $128,090; reserve for contingencies, $205,402; common stock
($2.50. par), $682,660; capital surplus, $336,963; earned surplus since
1934,
U
payable,
I-; Kobacker
S.
Liabilities—Accounts
Julian
-
.
$486,431
$466,043
$9,072,839
$7,308,104
stores in operation in January of this year
compared witlv 15 stoves, in, January, 1942.—V.157, p. 475.;
' f.i
as
security taxes payable, $13,423; Federal taxes on
$94,301; Federal capital stock tax accrued,";-$1,000;
accounts payable (wholly-owned subsidiary), $5,382; salaries and, wages
accrued, $5,545; preferred dividend declared, $225; reserve,- for con¬
tingencies, $125,000; 5',/ cumulative preferred stock ($50 pax), $18,000;
common
stock (no par), $144,779; earned surplus, $1,354,571;
total,
$1,811,245.—V. 156, p. 2225.
T,
— ; V
$1,883,619.
Jan., 1,
,
•Tentative prov. for U. S. & Canadian inc. taxes
Balance
Assets—-Cash,
;
,
social
State
income
'
-U
—
The
Liabilities—Notes payable, $10,000; accounts payable, $37,019; Federal
and
1942
company
Period End, Jan. 31—,....
.
tlncluding subsidiaries,
^Company only,
;
$325,062
225,975
91,314
cap.
on
-
-
-33,815
30,474
taxes-
the
for
inc.
$182,307
25,968
$141,704
109,226
charges
for income
Net
$791,078
181,016
285,000
$483,772
70,000
$244,101
32,397
Gross income
Prov.
t$33,801
common
Sales
$1,811,245.
'
Income
Sheet, Dec. 81,
,Lincoln Stores, Inc.—January Sales—
i
k
tion
Lincoln-Clark Hotel
The
acceptances receivable, $22,880; accounts receivable (less reserve for.
discounts, $9,277),
$456,100; inventories of leaf tobacco,, $986,761;
inventories of boxes, labels and revenue'stamps, $65,219; 'total invest¬
on
$68,079
,
on Feb.
10 paid a dividend of $1.75 per" share on
stock, of1 no par value, represented by voting trust
certificates, to holders of record Jan. 28.
This compares with $1.50
paid' on Feb. 6, last year, and $1.25 on Feb.' 28, 1941. 1 : ' 1 ' ; T
:
/,'/:/ /V/,:/'/
.
-f 1939
40,663
$235,259
8,842
oper.—
Sheet, Dec.
*1940
$593,354
Assets—Cash
$118,550
the
The
•//
$778,458
12,620
from sales
from
Balance
*1941
$437,303
Selling expenses—50,412
General expenses
151,631
Gross
//^
•
$1,031,702
51,682
201,563
*1942
:
Years End. Oct. 31—
:
'„/•
stock.-
Corp.—Earnings-
& Naumburg
22,323
.
required "Tb be paid Feb, 1, 1943 in accordance
provisions of the indenture under which the SVi % cumulative
income bonds are outstanding. $112,750; Interest accrued,-first" mort¬
gage loan, $33,889; amortization of first: mortgage loan payable within
one
year/$114,193;, accounts, payable, and-accruals, $48,607; fixed
'liabilities, $13,757,859; deferred liabilities and credits, $280,838; capital
stock ($1 par), $152,135; deficit1 before amortization of discount, on
bonds, $1,439,492; total, $13,060,779.—V, 156, p. 432.
$33,115.
'.
338.117
Liabilities—Interest
•with
,,
"
87.545
$1.69
CaJjU*
•
36,355
,
-
reorgan.
69,055
: 1
167,947
9,526
deferred charges,- $139,295^ total, $13,060,779..
1
$132,095
1,125
97,855
$38,373
.
87.845
$1.34
$1.47
:
236,538
,
155,467
v
243,687
69,891
103,989
i1- 2,355
-
Assets—Ca.sb and bankrbaiances, $578,414; U, S. Government; securi;
ities (market value $505,837).at Cost, $500,000; other marketable secur¬
ities (market value $49,625)^at cost, $47,512;^accounts receivable (less
•», reserve),
$17,693; fixed-assets rtnet),. $11,777,865;, prepaid expenses and
a
Shares
upon
•;Balance
:'■» 29,038
$149,077 •
900. 109,804-:..
900
88,257
——
'
102,073 '•'.
;
2,369;
.
cum. income bonds
issued
$875,918
251,838
210,078
11^1
-$216,190"
»
$910,531
69,579
——:—l——
63,127
1
:
;
"
;
v-12,773
$252,107
53,862
t53,471
profit for year—
S'/a %
bonds
on
$203,417
13,370, '
$223,648
■
taxes—
:
;•.
•
,*Upon surrender and retirement of corporation's income bonds.after
deduction of discount on bonds applicable thereto.
tLoss.
/
:
401,596
-
$238,737
•
64,481
-
income
on
•Adjustment.
and $7,087 in
Jonas
" $952,208
.
Depreciation of fixed assets_^_«L-J—
•Interest on first mortgage loani.'^
Amortizi of first nitge. loan expense
■
Jersey Central serves no customers outside of New Jersey but has
physical connections with utility companies in New York.
The lower
courts have held that because of this connection Jersey Central is
subject
Ja——
———1
doubtful
for
1939
$605,013
$132,248
IPreferred dividends900
Power
of
authorization.
—
1940
$618,403.
379,667
94,301
Net
& Light
Power
Jersey, Central without the
The Commission held, that to
Federal; Power Act.
stock
common
Commission's
income
'.
62,547
62,3571
Profit, before amortiz. of discount
1941
$589,945,
,
383,242
$272,944
Charges against income '
Federal
.
that
fact
the
from
arose
case
acquired
a
,1
-r—-r—
income
Gross
15 ordered a reargument of the
Federal Power Commission in
ruling defining the firm as one
Court on Feb.
against the
Supreme
the
ill
profit from sales
Other income
Court
Co.—Supreme
Light
&
1942
$636,786
363,842
profit from sales
Sell., adm. & gen. exps.
,
See
earned—/
1940
/
.■
$847,984 ,.$812,791
accounts-;—271,516
•New York City real estate taxes„i,^
223,127
.
,
Gross
■!
•
,
1941
.
including interest
....
'
•
~
1942'
...
rebates,-- -allow'* • .
f
.eto. —$889,851
"Concession inc. .and misc.. Income.,
;
(D. Emil) Klein Co., Inc.—Earnings^—
:
1
■
ances,
Arrearages as
share,—V. 157,
made.
$37.50 per
were
to
Rental .inc.. i.after
share. has. been declared on the $6 pon-.
cumulative preferred stock, no par,: payable, March 15 to holders of
record Feb.
8,
Payments during 1942 were as follows: - March 2-,
50 cents;
June 15,, $2.50, and Sept. 15 and Dec. 15, $1.50 each.
—V. 156, p. 696.
• •
31, 21 cents., :' V
the year was $9.265684 as of Dec, 31, "1942.—
■
closing price for
amount
.
dividend
A
9'/a cents; June 30, 12Vis cents; Sept. 30, 8 cents; Dec,
157,
to
6 Months Ended Dec. 31—;
•
Oper. and adm. exps., incl. provision *
,
The
said
were
Kinney Mfg. Co.—$1.50 Preferred Dividend-^
1941, to $12,612,630 as of Dec; 31, 1942.
A total of 51 cents per share was distributed in dividends during
1942.
Total amount of dividends in 1.942 was $545,264, <
Dividends
were
distributed quarterly in 1942 on the following basis; . Mar. 31,
v.
of $1.75 each
1941 payments
1,
31,
Dec.
Lincoln Building Corp.—Earnings—
directors
Dec.
at
: j
"
dividend of 10 Cents "per shar^'haS, been declared oil, the common'
March 15 to holders of record March 5.
LikA
amounts were disbursed.,on .this issue on April 29,. July. 25, Oct. 26 and
Dec. ^ 14,
last year, which were the first payments on the common
stock since 1930.—V. 156, p. 1954,
A"
stock,; par. $10, payable
cents each; Sept. 15, 30 cents; and Dec. 15, 25 cents,—
quarter
Sessions Co.—10-Cent Dividend—
Lamson &
.
V''
per, share
have declared a dividend of $3.50 per share on
account of
accumulations on the 7%
preferred A stock, payable
March 1 to hqlders of record Feb, 19, Similar distributions were made
on
March 2, June 1, Sept. 1 and Dec. 1, last year, while in .each
the fund. - Investors Mutual is an open-end
investment company of the diversified management type.
During the 12 months ending Dec, 21,
1942, Investors Mutual
distributed 998,167 shares of special capital stock,
representing an
increase of over 200%
for the year.
Shareholders of record Dec. 31,
.
Payments
27.
cents
dividend' of 25
a
value, payable ,March 15 to -holders-of
during 1942 were as follows: March-16
par
Key West Electric Co.—$3.50 Accrued Dividend,—
The
managers, of
1942, totaled 10,934, compared with 4,259 at the end of 1941.
Assets of Investors Mutual increased, from $4,063,845 on
declared
16
no
157, p. 346.
Inc.—Repdrts Over 200% Growth—
Company experienced another year of important growth during 1942,
according to E. E, Crabb, President of Investors Mutual, and chairman
of the board of directors of Investors Syndicate,
underwriters and
investment
Feb.
stock,
and June 15, 35
V.
Feb.
on
capital
record
1775.
p.
the
Monday, February 22, 1943
'
—
Net
sales
Cost of sales—
Selling
631,604
expenses
Administrative
exps.
169,692
__
572,661
131,792
•;;
.
Prov. for depr. &
expenses
$442,901
$424,292
$265,981
95,237
75,506
82,515
$542,183
6,364
$519,530
4,106
$341,487
12,676
$351,776
Total
Prov.
Total
Other
profit
expenses
Income and
Fed.
10,836
234,428
156,425
*58,743
$358,999
$270,068
$282,128
; 244,060
244,060
122,030
183,045
122,030
251,096
$2.94
$2.21
16,239,877
re-
*
plan
trust
pens,
Prov. Fed. exc.
*58,813
$301,391
for employees'
178,210
105,805
2,507.000
8,010,000
$2.31
prof. tax.
'
Profit
Net
profit
Dividends
Shs.
—
stk.
com.
(no
par)
122,030
Earnings
per share
♦Provision for Federal
$2.47
taxes
on
income
Consolidated Balance Sheet,
Assets—Cash
hand,
the
Total
surplus
and
accounts
5,878,870
5,123/311
16,055,127
5,339,160
14,910,991
; 3,762,678
3,762,678
•'
432,346
18,173,061
16,929,"252
$2.13
$1.97
Balance
Sheet, Dec.
Cash
i
U.
Government
S.
31
Inventories
advances
and
to
landlords,. deposit
in
escrow, etc.
Right
to
receive
profits tax
Prepaid
refund
post-war
of
excess
(estimated)
insurance
Gas &
Electric
Operating
Federal
$697,812
expenses-
taxes
288,593
_
247,106
93,868
retire, reserve
-appropriations ——.
65,784
45,783
-i——
_
taxes.
Other
$615,881
51,522
rental'
—
——————-——I-—$89,145,121
•
Liabilities-^
$7,781,235
3,107,567
951,603
574,139
of
591,258
62*500
60,000
125
125
Net
Other
oper.
-
.
Net
Balance
157,
$191,344
•4,085
583
720,000
$21i;028,
1,500
Prov,
$2,402,707
932,988
$128,525
$1,499,640.
$1,404,230
applic. to pfd. stocks for the period
520,784
inc.,
excess
and capital
profits
taxes
520,784
~
deductions
77,705.
$133,323
•
$978,856
—
p.
.
.
.
no
par
„,
>
Provision
Other
for resale
820,860
16,493'
for
taxes
The
directors
per share and
stock,
Feb.
no
26.
and
Dec.
par
In
16
declared
a
special
dividend
of
25
depreciation——
—
i
addition
1942,
31
$1.—V.
to
the
four
regular
the company last
and June
156,
p.
30,
2307.
year
25 cents
distributions
made
paid the following
each; Sept.
30,
50
income
——
——
83,960
181,250
'235,245
'
Income
income
396
$791,225
774,627
763,509
+
each
Net
special
cents;
•-
company.
1,665,713
■'•■;
$7.02
_>—i.
;
in
1942
and
tLoss.—V. 156, p. 1609.
t$180,494
$10,965
in
1941
-
1,665,713
1,663,713
1,665,713
-
-
-
$6.15
,
$4.82
:
>
,
$5.48
v
.
$20,056,730;
U. S, War Sayings
payable and .accruals/ $5,380,377; accrued inter¬
$204,225;
255.
Mengel Co.
(&
Month of January—
Gross
Subs.)—January Bookings-—
*1943
.
,
bookings
L—
Billings
1—
—
Unfilled orders at Jan. 31——
income
*Including $40,558
-
•
$790,830
247
*,
1
deductions
-
$2,021,774; funded debt, $$5,116,307; wholly-owned subsidiaries' pre*
ferred stock,
$1,884,400; common stock (1,665,713 shares, no par),
$43,833,211; earned surplus, $63,961,243; total, $167,629,747.—V. 157,
181,250
267,987
,
—
income
Gross
.
doipestic.snd foreign taxes, $11/261,180: due to foreign
$1,429,856; sinking-fund and instalment payments, $1,903,867;
due to
affiliated. corporation, $1,628/. securities from tenants, film
rentals and other deferred credits, $631,681; reserve for contingencies,
627,143
16,599
$582,769
"
:
est!
'
•
v
:banks,
$1,967>768
1
$583,016
—
——
.
.1941
cents
regular dividend of 25 cents per share on the capital
value, both payable March 31 to holders of record
March
24,
Feb.
Other
a
quarter during
dividends:
on
Operating
Corp.—Special Dividend—
* 585,779
" 552,460
.-r1
525,128
885,692
cash reserved for purchase of $4,175,000
Bonds, series F; :$3,089,500; U. £L.
foreign government secur¬
ities, $108,909; notes receivable,'$45,186; accounts receivable, $4,011,083;
/inventories,' at
cost, $39,919,855/: due - from affiliated corporations,
$25,000; advances to outside producers, $25,923; mortgage and interest
payments, $149,749; net - assets • in meutral countries in continental
Europe,
$114,241/ investments; and' other assets/. $13,522;203; fixed
assets; $71,891,324;: deferred charges,1 $2,977,167;' total, $167,629,747,
p.
Kennecott Copper
;
297,105
out-
Liabilities—Accounts
.
111,135
—_
co.
stock
Maturity" WalUe
^
1942
'' $1,947,752
Maintenance
$883,446
•'
v
.Government securities, ;at cost,';$ll,692;876)
14,898,555
;
stock
Assets—Cash,
.
'
Lexington Water Power Co.—Earnings—
12 Months Ended Dec. 31—
165.
.
,
.•■.••
777,672
;
Consolidated Balance Sheet, Aug. 81, 1942
.
$89,1.45,121' $82,406,410
value.—V. 157/p;-25tV :
•Operating revenues—Electric
Operating, expenses
Electricity purch, from an assoc.
common
1,188,591
.
com.
'
11,640,088.,5,075,070
9,119,761
9,119,761
48li:il,253 J 48,511,253,
—.1^.142,113
—L
*2,678,787 shares of
;
"
779,515
i;--;:,/;J ■'
■,
standing (no pat).,Earnings per share : on
2,626,669
.
,
:
cumu.
$986,511
,
.
2,019,053
taxes, etc.-——.——
Total
$2,337,218
903,067
C
■
4,588
63,402
Fed.
wages,
special preferred stock ($10 par)
^Common stock—
Earned surplus ,——
$2,332,630
$191,927
for
stock
G'.b
2,103
6,281
'
income
Dividends
%^V.
$206,943
(net)--
income
etc.,
750,000
$2,396,426
income
Gross
Int.,
revs./
Accrued salaries,
639,005
limited-term
investments
■.
payable (trade creditors$947,013
Accounts payable (merchandise in transit765,840
$6,961,761
2,676,765
disc't
—^
expense
Shares
$82,406,410
Accounts
1942—12 Mos.—1941
.
101,745
-
753,185
corp.„_.
bond
of
448,208
.
2132
Property
Amort,
"and
.
5,148,217
423,929
118,539
.
deferred
Capital assets (less reserves!
Goodwill, leaseholds, etc.^__7.——
Earnings
1942—Month—1941
revenues-
Operating
Co.
affiliated
of
Amort,
mtges.
•
Total
Kansas
&
9,061,210
397.679
,
premiums,
6 expenses;
;
bonds
on
493,145
.
5,703,793
v
■,
/
879,121
J
;
-
—
securities—^
Sundry'
Loans
3,165,540
385,491
144,123
.
debentures.
on
661,079.
v
.
•
U—u——.L_
—*
66.4,695
.
237,841
263.493
267,161
'Prov* fox contingencies/.
':•; 1,000,000'> 2,000,000
16,055,127
14,910,991.
$2.08 \
Depr. Of bldgs. & equip.
3,270,664
3,190,031
,3,551,357
. 3,815,097
$1.92
Federal inqome taxes—
4,955,851
3,722,875 *. .1,800,853
1,958,85.1
Fed. excess profits taxes
<•:.,'V
,,'ri
1S42
1941
/..'v (partly-owned corp.)1,976,661
24,423 ■
,
,——,
$8,464,252
$9,977,006
/Minority interest share
,
'
'
9,506,212: •, 3,036.562
affiliated corporations
559,974
; '419,297 *
683,730
538,370
307,350"v :'■■ ''282,353
Write-downs of invest-;. ':i."
c
21,680,280
19,945,398
menfs artd advances35,044
.70,030
45,753
278,663
- *
7
Div. .on subsidiary, stock
_•
94,862
v
98,342
"
99,983
88,805
416,021
431,821
Loss on .sale of capital
v:J-:-r;./'Vv
'!%:;
asset of partly-owned
:v..
890,000
'••/. corporation
218,313
;
; <!
•
Miscellaneous deductions
•
9,323 ; • 57,045
36,109
v-i-—
604,437 V
563,595 ; '"
Net profit
—^_2 12,132^606 ; 11,134,593 • 8,908,470 • 9,841,531
47,274,568
48,169.674
Preferred dividends —^
442,071
884,143
887,718
•
888,693
(.r7
:;T;
Commori divs. (cash)-4,997,086
4,997,084
3,331,386
4,097,565
'
Period End. Dec. 31—
Int.
432,333
.
5
514,013
-
V mortgages of subs.
3,762,679
486,408
Liabilities—Accounts
,
19,106,001;
3,762,678
\
film advertising
accessories
Interest on notes "pay.—.
Interest on bonds
and
14,142,131
43,114,275
12,860,741
46,692,079
.
rentals
* 4,963,870
432,375
:
of .films.-
Producers' share of film
Interest-
Stock
cumulative
^
48,884,738' "44;315,235
45,354,014
12,759,407: 12,008,935
11,784,683
44,780,348
44,300,517 ,62.179,936
buildings
-Amortization
915,OOQ
20:250,151
——135,212,080"l28,9*70,033 138,303,292157,402,591
income
Oper. of film distribute
Cost of
Assets—
buildings and equipment (less allowance for depreciation of $451,288),
$342,427; due from U. S. Government, post-war refund of «excess profits
tax, $2,526; goodwill, $250,000; prepaid expenses and deferred charges,
$32,962; total, $3,302,684.
office
———
Earn, surp., end of yr.
Earns, per com. share—
demand
Total
Operation of theatres &
:,
9,153
1,716,000
21,178,338
receivable
p.
16,929,252
Divs. paid on spec. pref.
Oct. 31, 1943
$355,560; earned surplus, $1,976,652; total, $3,302,684.—V. 156
7,064,313
,
22,368,114
6%
payable, $280,454; accrued wages, taxes, etc.,
provision for Federal taxes on income (less U. S. Treasury
tax notes, $55,008), $187,635; common stock
(122,030 no par shares),
$402,142; surplus arising from, retirement of preferred stock (balance),
4,173,955
1,704,915
Divs. paid on coin, stock
122,030
only.
$100,240;
5.329,929
1,734,384
—
Treasury bills and'certificates
able
5,*438,862'
year—
beg. of year
81522,880
1,166,889
••
r
;
and time deposits, $517,707; U, 6.
of indebtedness, $225,845; notes receiv¬
(net), $481,543; inventories, $1,239,607;
accrued interest receivable, $423; cash surrender value of life
insurance,
$89,571; miscellaneous investments, $226; investment in capital stock
of 51% owned subsidiary company (not consolidated), $119,847; land,
on
for
Earn. surp.
2,311,163
78,378,944
2,298,473
1,770,922
>
—
80,658,868
10,289,769
/
136,992
109,566;
2,405,000
2,515,000
2,318,505
income—..—
tire.
90,334,814
2,538,818
—14,468,955*
Loss; sale of cap. assets
Prov. Fed. income taxes
excess
profits taxes, est.——.
amort.
Other income—
$269,261
99,283
——
100,171,129
Operating income
;V; f
————_
and
come
,
-
—
.
exp.
& oth. oper.
tax.
124,409
-1
116,958,589 101.396,512
———
of merch'dise sold,
Cost
589,392
Profit before other in-
.Other income
Gross sales
from
an
,
$1,702,000
1,738,000
1,784,000
7,650,000
$16,598
associated
The. above
gram,
does
not
include
the company states.—V.
any
figures
157, p. 346.
on
.
1942
$1,523,000
the
cargo
5,140,000
plane
pro¬
Volume
Lone
Number
157
Star Gas Corp.
THE COMMERCIAL
4153
Mutual
operating revenues.—;.;
$27,691,059 $25,184,424
Gas purchased, oper.
exps,, maint. and . taxes—
14,021,395 12,455,557.
—
Operating income .
ipcpme credits
Other
income
tTotal
income
Gross
;
Income
I- Net
—_
——
$14,577,892 $13,700,281
--
charges
income,
'
.L—
———i
1942
•
Net
income..
Minority
1
——
interest in net
inc.
of
subsid.. co—
a
20
v
Net
,
y..;
,
t•
'; '
.
Ending
Statement, .'Yea*
;
tExcluding
Sheet,
630,760
jg'ggjj
left
and
assets
Net income for year
\ Assets—Securities,
$153,513;
Sheet,
Balance
,
,
$5,884;
—
s201 061
,
accrued
—
deferred
market
at
receivable,
dividends
-
$250; total,
capital stock tax,
Federal
Liabilities—Reserve
net
Dec.
assets
173,092
31,
of
shares
$5,546,544.
total,
State
and
Federal
capital
V,,,.
...
taxes,
185,884,845 145,378,542
—V.
Hot
amount
of
the net assets at Dec. 31, 1942, as shown
is represented, by: Capital stock (par $10), $1,730,920; paid-in
surplus, $5,198,777; total capital .'stock and paid-in surplus, $6,929,697.-
Deduct:
Excess of
income
from
.,
to
be
of
Subsidiary
Con¬
subsidiary, with
a
alcohol
from
process
made
Feb.
on
plant at Everett,
a
molasses
to
grain
flour
In war Industries,
use
12.
Ward
Co.,
&
Inc.—January
1943—Month—1942
Sales
Off
1943—12 Mos—1942
$39,983,461 $41,854,472 $674,341,970 $674,279,739
256.
p.
Island
Power
Co.- -Earnings—
1942
1940
1939
$782,468
$762,865
$762,970
145,191
146,029
160,382
$685,343
$637,277
$616,836
$602,588
511,539
514,546
520,100
517,575
$173,805
,
1941
$826,268
140,925
revenue
Expenses
$122,731
$96,736
$85,013
—
810,336,717 765,956,829
Building
(Medical
Arts
'Springs, Ark.—Tenders—
Realty
revenue
;
tendered and accepted ceased
Feb.
on
19, 1943.—V. 130, p. 2980.
charges, interest
exchange
and
Co.),
;v.
National Bank of Commerce in New
Orleans, trustee, Barrone
Common Sts„ New Orleans, La., until 2
p. m. on Feb. 18 received
bids for the sale to it of
general mortgage bonds (3% fixed and 3'% '
(non-cumulative contingent), dated Aug. 6, 1936, at prices not exceed¬
ing, par and fixed interest of 3 ',7.
There was $11,594.27 on deposit
with the trustee to
redeem bonds tendered.
All
interest on bonds
;
realized net losses and dividends paid over
..$472,957;
total capital stock
equity as shown by the books, $6,456,740.;.. Deduct; Unrealized depre¬
ciation of securities, $924,796; net assets based on valuing securities
owned at market quotations, $5,531,944.—-V. 157, p.-64U.
! '
and- interest,
its
Calendar Years—
Gross
—
"Surplus
^Transferred
and
expenses,
dividends
7,168,880
The
above,
1942
year
Co.-^-Plant
onnouncement
an
Montreal
1,017,412
20,343,141
*
Net
Arts
sinking fund 5%
becomes due and
mortgage
the
for
plant to make grain alcohol for
——•
Fixed
v.v:
•
23/
presentation of said coupon
New York, N, Y., the same will
St,,
Chemical
a
to
157,
2,346,149
762,112
921.
p.
Feb.
Upon
Wall
16
converted
Sales
6,931,577
25,252,642
—JL,"
155,
common
record
2369.
p,
Montgomery
8,722,625
2,434,064
1\U':r
England Alcohol Co.,
—V.
2.802,878
'
3%Iu
liabilities
LMedical
Note—The
.
3,458,134
8,824,386
Co.,
first
the
on
8.
Period End. Jan. 31—:
$14,600;
to $31.96 pel
share for the
stock of $10 par value each),-—
(equivalent
1942
outstanding
$5,531,944;
estimated
for
11,816,886
V-
Total
$5,546,544.
•
the
on
of
The plant's alcohol
capacity is 3,500,000 gallons a year.
In
the
whole project
only $2,400 worth of vital materials were
bought, and most of that was electrical wiring, The plant went into
operation just one month from the day it: was started.-W, 157, p. 256.
$
8,400,215
606,788,957 578,177,202
rseerves
Surplus
quotations, $5,363,435; cash in .bank,*
$18,462; . accrued interest ., receivable,.
holders
to
1
Grain Alcohol—
has
according
11,747,679
-
-
New
810,336,717 765,956,829
Miscellaneous
Special
1912
31,
Dec.
The
Mass.,
1941
$
Taxes 'r
w,—•——n—208,14%.,
paid
$1,685,-
company.
8.546,322
———
10,541
'
Dividends
and
the
of
No,
Monsanto
verted to
—_^._790.042,716 745,739,728
...
Policy reserves
L_,
Policyholders' funds
Policy-claims in process of settlementDividends
to ; policyholders-,—
——it——
Provision fur estimated Federal Income taxes—u.--——
1942
with
rate
jind has built
Total.
—
Deductions
101,733
81
Liabilities—
Total income
Mar.
interest
the
Trust
31,583,732
i
due
share has been declared
per
payable
1943,
at
paid.—V. 155,
$15,759,213 $13,575,272
funds
Dec.
Assets—
Premiums,
;
—
cents
coupon
for
Bunkers
7,792,088
32,244,929
1,
bonds
payable
1,757,715
7.f10,099
$1,403,154 in
policyholders'
Bonds, mortgages and other
Interest, due and accrued...
/
1942
81,
Dec.
194L
38,349,077
1,617,657
—„
including
March
income
and
expenses,
On
and
1942
Loomis-Sayles Second Fund, Inc.—Earnings—
Income
policyholders
Balance
4
Dividends
to
sale of assets
investment
in
75
value,
24,878
37,494,553
$5,810,976
$1.05
$4,910,740
!-*'•
$0.89
(applicable to common stocki
Earnings pdr common share-.—.--—,——v. is!, p. 43.
•
'
of
par
Monon Coal Co.—Interest Payment—
divs.)
earnings for year/.——
"Less
197
"Balance
21,345
no
during 1942 have been as follows: Mar, 2, $1; and June 1,
75 cents; Sept. 1, 50 cents; and Dec, 1, 75 cents,—V. 156f
p. 1777.
$85,357,210 $93,159,616
—..
...
(exclud.
on
dividend
Payments
25,182,189
...—
'
291
„
Monarch Machine Tool Co.—75-Cent Dividend
stock,
1941
27,507,646
redempt. of bonds
Increase in policy res. & other policyhold. funds
$5,811,268
$4,910,761
~.
-
Net loss
3,499,372
Provision for Federal income taxes—5,388,095
assets...
beneficiaries
3,670,578
3,708,358
invested
on
Taxes, fees, & licenses, oth. than real est. taxes
Operating expenses and agents' commissions..J
$14,007,213 $12,981,218
Depreciation,, depletion and amortization——
Annual
—
collepted-^.^—$67,828,219 $67,952,549
or
income
Payments
719,064
570,679
*
Co.
A
Premiums earned
$13,669,664 $12,728,868
j—908,228
971,414
.
—_—,
Insurance
Years Ended Dec. 31—
>
.
♦Interest and rents earned
Other
Life
731"
Report—
1941
1942
Gross
Massachusetts
■
(& Subs.)—Earnings—
12 Months Ended Dec. 31—
FINANCIAL CHRONICLE
&
to
depreciation
i\
reserve.
:
:
• ■■.
Balance Sheet, Dec. 31, J9Li
;
Assets—Property and plant (less reserve for depreciation of $1,219,$10,355,361; funds with trustee for bondholders, $7,446; cash,
$102,189; accounts receivable, $65,513; prepaid and deferred charges,
$14,263; total, $10,544,773.
306),
.
Liabilities—Funded
Melville
;
'
Lynn Gas & Electric Co.—Note Issue Placed Privately
—The company
Month of
has been authorized by the Public Util¬
to issue not exceeding $2,500,000 15-
ities
year
Sales
Commission
Shoe
accrued interest
Corp.—January Sales Off 10.3%—
January—
%.
'">
1943
1942
$2,905,469
$1,000,000;
total,
$10,544,773.—V,
2 3,4%
notes, dated Feb.'lly 1943 and due Feb. l;r
Company has placed the issue- with institutional%
1958.
investors;
Proceeds
used to retire
were
like amount of
a
maturing Feb. 1, 1943, which, were used for addi¬
tions to electric station, 10,000 ,kw2 turbine,, new boiler
on-Jhe^S^
capacity, switchboard addition^ etc.—V. 157, p.
record
all
'•
Lukens Steel Co.—To Pay 20-Cent
directors
The
the
Feb.
on
declared
15
y':'^
Dividend—
share
dividend of 20 cents per
a.
of
25
;
which
11,
Oct.
earnings of
the
from
per share was made
subsidiaries for the. first
began
of. the
weeks
12
1942,
-.
during
1942
were
Net
.
Federal
As
'•
Net
Jan. 4,'41
tax———
$977,986
Earnings-per; share
common
stock
2,41230
1,596.383
$221,381
$303,471
983,417
Total
orders at
.
year-
.
1939
-
.
.
$15,626,533 $11,262,507
,:.;l
I-eceivable
and
unearned
(less
'
Co,),
-
hand,
on
y'
(49,500
investment
34,388,212;
interest),
accounts
customers'
$1,030,325;
..
stock (est.)
taxes, $823,466; other Federal and State taxes, $2,289; treasury notes,
Dr$701,410; reserves, $125,336; f 7cumulative preferred stock ($100
par), $814,000; common stock (10,000 no par shares); $500,000; earned
surplus', $794,888; total, $5,848,719.—V. 155, p. 602.y
:yyyy*yy y;y
Manila Electric RR. Lighting Corp.—Funds Tied
Feb.
10
permission
granted
to
for repurchase of outstanding bonds.
a
suggestion that the money on hand be dis¬
tributed pro, rata among the bondholders,;., and said the status quo.
should be maintained until it is- known whether the physical prop¬
erties in Manila will be recovered.
A total of $990,000 of the bonds.;
are
outstanding.—V. 156, p. 866. ,y 0j ■
y>
v;
the
The
money
refused
court
;.v
production
the
for
—v.
final
valued
period in
155, p. 401.
responding
at
1941,
881,634
•"'
Balance
Sheet,
Dec.
•yy-....;
stocks.
collection, .( not 90. days
overdue)
interest
Cash
—
accrued
in office—
—
^,1
Total
■
Liabilities—..
in
Reserve
for
Reserve
for
taxes
12,684
360,843
fContingency reserve
—
Capital
Net
$3,288,350
$729,865
96,391
—_
34,600
-
—
—
Total
..-11—;
♦Valuations
on
—
basis
1
—r
approved
by
National
1,000,000
1,355,641
at
$385,917
.deposited
in
and $383,330 in
for purposes required
1942 in
by law.—V.
3,366,779
$7,450,335
$7,366,110
$6,879,477
$8,017,375
—
Pension
Midland
% The
2,872
from
of
the
600
434,000
434,000
440,000
920,000
920,000
"
:
920,000
No assigned value-
54,142
r__
45,242
58,427
$1,300,474
$1,327,030
$1,313,879
and
the
Ins., &
Commission
Service
United
Co.
Co.,
its
of
Feb.
on
Indiana,
parent,
13
approved
Inc.,
525
to
shares
a
purchase
of
no
tributed earnings of Union Electric which at
Sept. 30, 1942,
gated $11,767.—V. 157, p. 642; V. 156, p. 2226.
; V"-U'-""
conting.
Shs.
1942—Month—1941
Operating
revenues..•
Operating
expenses—.
$853,254
$9,005,924
557,915
5,243,186
20,711
606,452
81,450
85,712
"'
reserve
-
par
$443,439
$1,499,301
4,489,033
4,489,033
4,489,027
4,489,023
$1.88
$1.77
$1.87
—
■■■'.
:'
Balance
'
Cash,
1942
--
$
$
(net)—
4—177,582.604
181,206,281
companies..12,327,462
12,319.062
deposits
36,156
—
trustees
call
for bondholders...—
loans
•
—;
Government bonds,
:
_•
;'
etc..:—
receivable
3,322,837
§ 11,564,928
(8,486,341
excess
3,524,686
604,892
profits tax...
270,000
charges-.—.—
551,234
556,668
209,708,606 210,311,384
Liabilities—
Funded
'
debt:, Mont. Light, Heat &
Prov. Light 5s
Power bonds
78,088,4*0
152,000
189,000
Light, Heat & Power notes..——.
11,121,050
19,910,200
7,322,504
8,488,101
Funded
Mont.
debt:
Accounts
Accrued
payable accrued
interest
liabilities—.'.....—;
reserve..—.^,—
1,430,659
1,705,833
contingent
1,705,833
4,400,000
4,400,000
1,204,624
1,284,497
104,267,068 103,374,794
Minority interests
surplus
—209,708,606 210,311,384
$497,300
par
(Quoted
market
certificates.
value
of
value
value of company's own bonds.
(Represented
by 4,489,033
no
par
par
2308.
p.
69,528,300
1,447,077
;
Dividend payable
'
..
Mountain
v'-v
;
States
revenues
company's
own
bonds
value
common
note
shares.—V.
'•
■
1942—Month—1941
$3,058,705
...
and
$8,075,685.
(Including $566,300
SQuoted market value, $11,390,452.
Telephone & Telegraph
Period End. Dec. 31—
•
156,
:
Co.—Earns*
1942—12 Mos.—1941 7
$2,586,772 $34,176,266 $29,595,012:
rev.
8,280
6,954
111,825
93,109
...
oper.
expenses
Net
$8,519,856
5,171,881
H
2,037,920
1,763,108
22,382,723
19,424,059
767,121
oper,
Operating
$1,012,505
revenues-
taxes
L—i-
567,896
$816,710 $11,681,718 $10,077,844
406,100
6,811,702
5,144,768
392,032
759,190
Net
operating income
$444,609
$410,610
$4,870,016
$4,933,076
income
286,121
273,676
*3,204,385
3.432,092;
"$242,520 of this has been reserved and is carried as surplus reserved
in respect of excess profits tax credit for 1942 not used through debt
Net
68,334
66,666
820,000
800,000
$164,642
$122,250
$1,569,165
$1,396,753
50
revenues..
56
631
....
•
958
retirement.—V.
157,
p.
167.
Murray Corp. of America—Earnings—
$122,306
$164,692
______
deduotions..
70,358
$1,569,796
$1,397,711
77,400
913,265
918,706
.
.
3 Mos. End. Nov. 30—
"Gross
Other
$94,334
$44,906
$656,531
403,608
403,608
1940
1939
$12,308,410
$1,033,907
$496,616
$000,694
25,448
profit
income
1942
29.430
36,420
11,417
$12,333,858
$1,063,337
$533,036
$512,110
249,992
—
1941
$479,005
applic. to pfd. stock for the period—
$252,923
_
$75,397
256.
p.
♦
676,396
—
deferred
3,576,951
3,298,583
——
portion of
36,502
78,405
.
....
Inventories
Prepaid
1941
affiliated
in
Accounts
$2.01
Sheet, Dec. 31
■
assets
aggre¬
v.
income
157,
$448,081
Consolidated
.
-V.
-■
$898,299
outstdg.
stk.
Uncollectible
42,566
.income
Dividends
750,000
500,000
—^
p^r share
Operating
492,168
income
etc.,
20,000
750,000
'
1942—12 Mos.—1941
$849,160
•;
Federal- taxes
Gross
6,733,772
20,000
750,000
.
reserve
surplus
com.
Earned
Operating
Int.,
(extra)
Stock—
stock of the Union City Electric Co.
The .shares cover all
outstanding., securities of
the
company,
which
is
an
electric
utility operating in Ohio.- Consideration is $75,000 cash, plus undis¬
oper.
6,733,550
20,000
6,733,594
20,000
750,000
paid
"Including
Exchange
Public
Midland
Union
the
Net
985,698
$9,003,073
Total
Co.—Sells
common
Other
1,067,557
$7,947,034
fund
(Capital and
United
-Property, retire.,
•.
appropriations
1,085,521
$8,451,631
—
—
Depreciation
$1,705
f 10,000
400
(150,000 shares).——
Securities
proposal
951,513
$8,401,849
6,733,549
revenue
income
Total
400
—
income
Total
Expenses,
Interest
Federal
Mock, Judson, Voehringer Co., Inc.—25-Cent Dividend
on
the
1,378,012
to
holders
$3,374,908
Association
The
directors
the above statement
155,- p. 401.
are
Feb.
on
outstanding
of
$3,288,350
of Insurance
-(Contingency reserve,
1941
3,001,083
3,287,374
$15,000
$1,313,879
155, p. 401,
37,882
1,000,000
representing difference between
total values carried in assets for all bonds and stocks owned and total
values based on Dec. 31, 1941, market quotations.
^Securities carried
Commissioners,
$216
—_
Total
March 6, June
-
3,824,186
3,233,279
Insurance,
20,000
—.
—
—
5,925,738
4,494,940
___—
242,768
226,119
etc,__
19,991
16,226
8,360
42,322
taxes—
275.000
310,000
61,750
40.600
$284,366
$487,119
$220,158
$203,069
$0,30
$0.51
$0.23
$0.21
11,754,501
etc,
expense,
income
26,200
25,000
-
surplus
•
'
.
stock
Balance
: <•
$846,009
adjustment-—113,659
other .claims——
all
$1,327,030
310,461
$3,374,908
—
expenses--
11,804
in, advance—
Operating. deficit
253,631
200,847
,—
and
1
12,328
payable
Common
7,406,268
„■
deposits on leases
Mortgages payable
8% preferred stock......
■
*premiums
process of
.;;;
received
7,758,999
3,128,011
Net
<
•
Losses
1,286,334
'$1,300,474
Tenants'
Net
Unearaed
1,309,570
1
payable to bank on demand—
Rent
7,926,201
7,117,818
Guarantee
1940
$15,740
12,753
,
1939
$33,468,662 $30,033,079 $27,084,867 $25,615,691
5,898,193
Funds with
1941
1,285,691
(net)
Co.)
3,146,355
Interest
$5,131
l
Accounts
1941
($2,711,574
13,605
—»—
and
deposit
on,
/•
($2,799,613
—
Premiums'in. Gourse of
9,466,288
81
1942
and
equip;
Other, taxes
Statement—y
Assets—
♦Bonds
$20,768,890
$2,029
'
.
Maryland Insurance Co.—Annual
,
and
Power
1940
—Ju'——
Non-oper.
$9,340,136 $11,302,602
8,814,543
10,903,857
; 1942
charges
Island
1941
(& Subs.)
Years
8.671,685
Balance
Properties, Inc.—Balance Sheet Dec. 31
.Liabilities—
Note
Montreal
except
Assets—
V
Calendar
8,302,094
1
Mississippi Power & Light Co.—Earnings—
the same period in 1940.
_
♦'
Mar.
for
charges'/^----—
Depreciation
Fixed
157, p. 256.
Period End. Dec. 31—
quarter of 1942—October, November and
$522,190, as against $487,622 in the cor¬
and $315,057 in
is
Dividends
11,450,033
$932,884
672,307
buildings
par),' $375,000;
no
39,733,114;f'33,390,443
727,710
$743,137
Total
Malartic Gold Fields, Ltd.—Production-
December—was
stock
Refundable
of the
Chase
,
using
784,369
income..
Up—
New York Supreme Court
National Bank,; as trustee,
to deviate from the trust indenture of a bond issue of the Manila
Electric
BR,
& Lighting Corp.,
and to retain for the duration, of
the
war
$150,000
now. or ; hand
in
the sinking fund,
instead .of
F., Schreiber
Benjamin
Justice
;
wipe out
-
$1,660,594 $20,790,169
VI'Jl....
-V.
on
taxes
shares,
■■■'■
Account
subsidiaries
______
of
will
.
$5,149,730
1943
$430,182;
holders
to
common
-
$8,566,235
and
Income
earnings
Operating expenses
Balance,
$1,527,506
Goodwill
Interest, $2,532; Federal income, excess profits and capital
1
revenues;
3,149,957
oper.
Deferred
total, $5,848,719.
;..j.
Liabilities—Accounts payable to mills and others, $3,487,618; accrued
shares - Gra riiteville
13,083
Assets—
-
Balance Sheet, Jan. 2,
banks
In
1
$1
1942—12 Mos.—1941
$4,828,669 $60,729,612 $54,362,213
'';
18,118
206,329
202,880
Cash
'
Assets—Cash
the
of
1942—Month—1941
$5,363,012
income
Land,
_
end
oper.
Midland
i;
.'vyr-;
1940
1941
1942
charges
Unfilled
y.;
231,609,849 222,725,874 181,387,946 173.244,159
$54,011,727 $38,883,516 $23,384,006 $19,807,701
yardage
Total
$11.44.;
$12.22
$24.37
gates Data
(Company
Gross
Fixed
on
$16.44
dividend
a
Mar.
of
share
per
$175,374
•
'y,y-yyy:
yt y>
Consolidated
1930.
3,822,423
oper.
Net
—V.
802,611
$182,349
y
'
'
'
:
Net
■.
$12.50
preferred stock
payment
Dec. 30,'39
$1,165,766
L——
profit
payable
the
of
$100, and
par
both
on
the
vev._
Operating
Jan. 3.'42
$1,899,854
Oper. exps., int., deprec.
.
and
expenses._r_
Operating
Jan. 2,'43
v-
—
stock,
distribution
issue,
revenues,___
Uncollectible
16
$2,633,770
Ended—
income
since
Operating
'
as
first
common
The
that
on
dividend
a
preferred stock,
Period End. Dec. 31—
year
,
McCampbell & Co., Inc.—Earnings—
-t Years
Total
fiscal
20.
declared
Michigan Bell Telephone Co.—Earnings—
this company
current
-
follows: Feb. 14, 20 cents; May
15. 30 cents each; and Nov. 14, 25 cents.—V. 157, p. 555.
Payments
and Aug.
V
$10,, from
par
cents
its
and
stock,
common
Feb.
15
.Payments on the preferred stock during 1942 were as follows:
S^t. 1, $2.50; and Dec. 28, $2.50.—V. 156, p. 2226.
*
the earnings of this company
and its subsidiaries during their
1942 fiscal year, payable March 12
to holders of record Feb. 25.On Feb. 16 of this year, a distribution
on
the
on
accruals
the
Feb.
on
cumulative
per., share
(75,000
828.
p.
1942
'The 'directors
-;
stock
155,
Montreal Light Heat & Power Consolidated
Merrimack Mfg. Co.—Resumes Common
Dividend—To
Pay; Preferred Arrearages—
.
;
notes
-
common
$3,239,374
'y
at'retail-LC-'u^IlLl.' _T'i;
157,' p. 256,;:': •;
v—V.
debt,
$9,065,000;
accounts
payable,
$21,677;
bonds, $83,096; 6tr cumulative preferred stock ($100
on
par),
16
common
record
Feb.
declared
stock,
26.
a
dividend'of
$2.50
Similar
par
25
value,
cents
per-share
payable
distributions
10, Sept. 10 and Dec. 5. last year.—V.
March
made
were
156,
p.
Net .profit
(Earnings
"After
5
on
in
Sales
1867.
Monarch Knitting
A
dividend
mulations
holders- of
issue
on
on
of
$7
the
record
Mar,
per
7%
Feb.
which
Co., Ltd.—Accumulated Dividend—
share
has been
cumulative
20.
26, last year;
A
similar
none
declared
preferred
on
stock,
distribution
since.—V.
account
payable
152, p.
was
made
1440.
of
C.
accu¬
Mar.
on
11
to
this
ail
average
included
production.
W.
the
of $13,906,000 for the preceding four quarters,
period of conversion from automotive to war
Avery,
President,
points out that whereas earnings for the
1941 reflected production of a considerable volume
peace-time products,
100'.t
on
in 1942, $157,205 in 1941, $158,358
1939. (On 950,615 shares of capital stock.
ended Nov. 30, last, were only $12,308,410.
$173,775
.>
November quarter of
of
of
$174,653 in
the quarter
for
against
share_—
per
depreciation
and
1940,
war
output for the latest comparable
contracts.—V. 157, p. 167.
'
quarter
was
THE COMMERCIAL- &
732
(G. C.)
Murphy Co.—January Sales Up 14.09%—
Month of January—
Sales
.
•
1943
.....
*
.
-
treasury
$321;
'
real
$17,728;
1942
.
of
$5,480,577
$4,803,747
January, 1943, the company had 207 stores in operation, compared with 206 in the same month last year.— /., 157, p.
64^.
stock, .$42,097;
estate
and
insurance
life
construction
$3,809,372;
$3,820,656),
FINANCIAL CHRONICLE
prepaid
value),,,
depreciation
surrender
(cash
(less
items,
for
reserve
total,
$380,304;
.'Mfciidayv February 22, 1943 '»
8,800 shares o.f common stock, heing offered hy-noon,. Febr 24;-and upot» (
purchase, by New River Co, of not less than 31,430 share§ of pre-
"■f erred
$9,235,157."
,***
Liabilities—Accounts
In
Murray Co.—Pays $2.25
The
company
account
no
made
of
to
$9
,15
and
the
on
15,
Aug.
Feb,
last
5.
distributions
Similar
with
compared
year,
1941.
$42,426;
ij>er share,—V. 156, p. 608.
Report—
of
Ewing,
Years
Account,
Ended
Cash
dividends
Interest
$402,650
received-.*
received
.
$419,500
--—J*,**.
1940
$233,650
'
Winkler
1,995
14,624
Advisor
19,154
$434,124
$252,804
123,720
Operating expenses
79,924
97,120
and
'
Dr.
the
$324,721
$337,004
the
to
Nehi
of
economist, part¬
Stock Exchange.
U.
capital
totaled
p.l: 168.
157,
'
Corp.—Earnings— v;yv,;
r,
-.
;
\
10,174
> 874,635
securities, (net)
taxes
•
Est. Fed.
Net
$321,932
normal inc.
income
Dividends
16,563
$295,696
_*_*.
$1,003,719'
$347,178
26,236
tax & surtax..
262,501
297,042
*__*
$2,839,168
$2,299,499
607,000
602,000
1,333,000
628,000
,
>
Balance
.
Sheet,
31,
Dec.
1942
Assets—Cash in banks and on hand, $852,370; U. S. Treasury bills,
$499,563; U. S. Defense Savings bonds, series G, $25,000; U. S. Tax
Savings notes, series C, $25,000; accrued and other receivables, $13,187;'
investments,
$5,418,607,
prepaid
deferred
and
charges,
$6,836,108.
($5
v.:*
par),
Dr$243,127;
earned
$6,836,108.—V.
for
reserve
paid-in
$4,139,369;
Jan.
1,
1938,
since
capital
vA'lv
"*•
'
'
Balance
'
Sheet,
Dec.
Assets—
•
Cash
Account's
and
in
receivable
Interest
at
Govt.—excess
Deferred Items
Plant, and
profits taxes
depreciation)
Goodwill
**;___*_
■
Liabilities—
Accounts
Accrued
Reserve
"
_**_
-
12,344
■
H.-';
'942,616
5,486
3,000,000
1,820,941
$5,964,318
„*_.
•"Includes accrued bonus.- -V.
$5,314,937
tax
dividends
year
Expenses in
1942
interest
and
expenses
Taxes
of
registration
income
$606,205
138,389
for
tax
1942
Dec. 31,
Balance
income
—4
27,236
in
bank,
the
week
shares
9,453
ended
production
Feb.
of
this
12
This. is
interest
interest
Assets—Cash
securities—at
£07;
in
banks,
cost,
dividends
Dec. 31,
$145,350;
$410,161;
receivable,
$458,362
373,569
480,781
——
Sheet,
in
-
of
Operating
kwh.
11,892,330
cubic feet
Net
National
<;
2135.
Life
in
U.* S.
13,
tion
and
Government
stocks,
the
for
kwh.,
in
The
t
directors
have
in-addition
Insurance
week
the
corresponding week
ago.—V.
year
a
kilowatt
hours,
both
j?hare
on
of
the
record
also
stock,
common
Feb.
paid
An
20.
Mar.
on
•
;
•
a
Co.
$10,
both
152, p.
other
amount. available*for New
National
>
Magnesium
Corp.
20
cents'
payable
20
Mar.
cents
1
per
pet'
to
companies
reporting
64.303,686
and
compared
secondary
other
sales, to
week
as
with
purchased,
from
The
June
.'V-
for
60,594,809
to
directors
.Feb,
on.
declared
16
dividend of
a.
$1.50
30,
of
Period End. Dec. 31—
,
Operating
rev.-', "
oper.
15.665
" 5.328,929
5,862,569
Elkton,
$27,833,285
15,014,951
13,303,426
1,102,895
1,080,247
Net
income**;!
oper.
—v.
157,
$14,529,859
9,537,564
$15,007,028
848,935
9,408,218
771,533
...
p.
$1,251,957
$1,250,199
Net income;
,
556..■...
Jersey Zinc Co.—Corrected
j
Period End. Dee. 31—
The
company is engaged in the production of magnesium, powder
in the manufacture of. flares, tracer bullets, photo flash
bombs,
lights, aircraft signals and submarine signals.
National
Power
&
Light
Co.
—
Files
•Income
The
company
dissolution.
As
has
:
filed
with
the
SEC
amendments
to
its plan for
r'=
.
1
'
JOn
1>.
i960.—V
Note—Net
of
1942
Revenue
-
.
Years End. Nov. 30—
dep. and taxes
Dividends
J
.'♦Equal
and
1942
par
ments
to
$3.72
fAfter
$7.81
in
in
1942,
$15.24
1940,"
*
appropriation
of
1Q9Q
$5,592,994
182,976
24,445
749,915
246,055
*
1940
$10,090,268.
t$384,192
246,055
per
share of
future
,
stock
in
The
1941
development
and
im¬
social
to
for
security,
$658,237 in
city,
old
State,
age
Federal
benefit,
income
and
1941 and $1,534,927 in
tax,
capital
unemployment
This
stock
by
insurance
Balance
♦
Assets—Cash,
$340,295;,
$2,754,603;
Sheet,
Nov.
receivable
30,
1,942
accounts
investments,. $196,443;
met),
defense
$20,
35
ended
additional Federal taxes
imposed retroactively by
$950,000 for
1942
30,
Sept.
1942.—V.
cents
payable
1942
157,
"'
$1,693,994;
savings
in¬
stamps,
stock
Mar.
1
declared on
of
Mar.
record
2,
holders
to
follows:
as
to
offers
the
First
is
it
50
at
common
by
debentures
such
prices
deem advisable,"
may
the
$20,609,663
Investment
on
Company
preferred' and
and
and
in
such
common
amounts
the
as
Schoellkopf states.
Mr.
Income Account
-
-
"
;
-
1940
.
$838,652
.
12,637
.
--
-
1941
1942
$685,357
$1,040,753
15,572
1,000
1,875
218,393
255,269
Miscellaneous income
| Total
gross
General
•
342,597
1,400
5,135
.
$1,084
expenses
income
445
Amort,
Bond
$955,349
*•_.**__
Interest'on "funded
$956
„
121,220
•
144,782;
148,700
461,757
499,354
1
of
debt_L_f*!*^ %
bond-discount &
154
tax
paid at
paid
foreign
to
'
21,443
5,244
governments
2,227
franchise
for
bad
3,551
15,122
4,048
2,045
taxes
3,105
153
507
6,925
foreign exchange
on
1,131
debts
1
of
prior
Provision
for
years'
Fed.
—
309
taxes
income
*■4
;
2,054
;_*
Miscellaneous deductions
Adjust,
V.863
2,513
taxes
estimated)
Provision
**
8,127
I
Special legal and audit fees_*_*__*^. ■'
Loss
•
5,764
■
8,651
State
23,120
3.721
3,783
debs;""
on
tax. & payroll taxes
Fed. capital stk
for
source
99 "V
18,638
•
expense.
redemption expense.***^.*.*!**'
Taxes
$1,175,462" $1,391,315
401,268
,.
debt*L-ALL;,
unfunded
on
tNet
(net)
•
536
C'/'l 1,265
216
-
taxes**.*
2,837
pfd* stock**,*;
$389,346
155,205
stock
202,218
B com. stock
$0.21
*
stated
value
on
income
Dividends
on
Dividends
on
class
class
June
Pay¬
1, 40
Stock-
common
in
securities,
tExclusive.of gain.or loss
$300 in
7,478
and
1940
Consolidated
tion
in
to
$90
National
24..
In
reserves
the
same
buy
the
time,
the
to
over,
Boston,
less
event
right
H.
of
not
on
Sprague
&
shares of its own
purchase it pro¬
4(/2
years,
interest
31,430 shares being offered
more
race
this
approximately
paying
than
that
pro
minority
finance
To
payable
Bank
C.
34.197
share.
per
its
4%
than
34,197
•
shares
are
at $5 per share.
dates
$0.36
of
payment.
ilncludes
foreign exchange.
Dec.
81,
1942
.
.
$1,323;
$19,968,312;
interest
(less
and
dividends
reserve
unamortized
for
and
note
payable,
(partly
estimated),
$427,065;
surplus,156,
p.
American
discount
$20,584,492.
interest
and
divi¬
debentures, due 1950, $6,886,000;
$5,861; 6% cumulative class A
(par $100>, $2,521,000; class B
capital
$20,584,492.—V.
The
directors
April
payable
Edison
The
Co.,
1
in
on
in
Feb.
$2,800,167;
common
earned
stock
surplus,
(par $5),
$1,380,164;
2136.
Co.—Commqn Dividend Payable in
the
dividend
will
the
rate
March
5
shares
of
issued
for
at
North
same
manner
156,
be
of
of
p.
dividend
a
on
the
one
as
the
dividends
common
of
The
paid
in
.
stock,
Detroit
the
last
13681.
payable
American
fraction
declared
11
the form of shares of capital stock
quarters (see V.
re*
fluctua¬
bond
Last of Detroit Edison Co. Stock—Debt Reduced—
Son
This offer is conditional upon not less than
on
$40,125;. investments
$59,923,059),
taxes
for
preferred stock
seven
•
gain
payable, $84,236; "20-year 5(4%
North
167,790
427,424
$0.25
$129,055; miscellaneous assets, $11,103; total,
expense,
$6,500,000;
annual
purchase.
net
Balance Sheet,
(less, reserve),
reserve),
of
Liabilities—Accounts
total,
market
$691,958
162,023
278.285
$324,573;- U; S. Treasury obligations at cost, $110,000;
receivable
(less
value
at
$5)6,070'
sale or disposal ol investments,
on
and $115 in
1942
1
dends
Common Stockholders—
Minority
A
B
Earns, per share of cl.
ceivable
15.
Feb.
cents;
■
Co., Boston, Mass., which
with interests identified with it holds the largest number of shores of
'New River common stock,
is making an offer to purchase additional
►
with
"It is the intention of-the corporation
permitted
as
-
accounts
•
Urn common
1, 30 cents each.—V, 156, p. 609.
$2,000,000,
conditional
Feb.
noon.
the
at
borrow
offer
;
^
subsidiaries
and
corporation
compared
dividends
:
642.
p.
share has been
per
were
Made
company
offered
1942.
At
ventories,
of
of
Also
to
poses
from
Note^Reserves
tax,
treasury,
Proposed Bank Loan—
86,119
capital
provements.
totaled
deducting
quarters
Act
during
preferred
for
dis¬
12 months,
the
New River Co.—Offers to Purchase Preferred
-
$384,192
after
shown above for
$7,231,396 as
and Sept. 1 and Dec.
Offer
its
Consolidated
reserves
$5,309,046
1941
$12,626,969
.
three
dividend
stock,
the
of
$19,968,312,
outstanding
.
directors
*Paid
of
Newport Electric Corp.—^35-Cent Dividend—
A
was
times,
Assets—Cash,
157
investments
Interest
1943.
income
also
the
the
( Naumkeag Steam Cotton Co.—Earnings•Net after
is
for
($25 par).
<
$875,000 for employes' special compensation
of
reserve
tributable in
cents;
Sales
$4.88
•
of
purchase,
its
,
.
company's refunding and improvement bonds due in
556.
'
'
..
1,963,264 shares of capital stock
^Before
Lehigh Valley Transit Co. plans to utilize the proceeds from the sale
of the plant and $.7 preferred Stock to retire all its
$1,890,750 first
mortgage bonds due 1915 outstanding with the public.
Balance of
the proceeds are to be deposited with the trustee for the
purchase of
the
$1,739,815
$3.68
Report—
after
deducting for expenses, taxes, depreciation; mainte¬
repairs, depletion and contingencies.
-.-v.
1 :
tDeficit.
;
1
of
part
a
$9,592,871
7,853,056
§$850,788
$1.30
$0.89-
32,296,018
25,358,504
of Md.—Annual
Commissions.
nance,
the program Pennsylvania. Power & Light Co. intendsto purchase, subject to' necessary Government-approval, from Lehigh
Valley Transit Co., both subsidiaries of National, the. transit com-,
pany's steam electric generating plant and related equipment in Allentown, and to purchase 15,469 shares of Pennsylvania Power $7 preiorred stock, which Lehigh Valley owns, for $1,900,000*
;
share**.!',"
per
•Income
t$385,415
t$703,474
**-_**_„*__
$ Earnings
$7,231,396
6,380,608
2,944,896
to
Miscellaneous
1942—12 Mos.—1941
$2,559,481
2,454,080
^
Surplus
Dissolution
$1,750,605
^_*i_******.*._
Dividends
Amendments—
..
of
Provision
Earnings-
1942—3 Mos.—1941 '
Corp.
1942
such
(partly
New
-.
2,950,424
<
$2,354,852 $30,021,979
$2,330,446
revenues**..
of
holds in
at
Income
v
.
oper.
Operating taxes
value
1940,
Interest
Md.—Star
to'Army-Navy UE" Pennant—
;
)
58,613,987
62,702.155
$3,196,734 $31,046,052 $37,666,097
Years Ended Dec. 31---
$7,705,075 $ 92,852,320 $86,624,061,
'
21,294
128,186
176,789.
$8,208,680
expenses
.
,
1942—12 Mos —1941
1942—Month—1941
,
•
*
.
.
it
of
•Taxable
■
/
»
-
Cash, dividends
$1.75;
;
$2,945,662
1941.
V'- V
record
31,
income
Share
continue
Act
share, on
per
stock,, par .$100y payable. March 31 to holders
Payments during .1942 were, as follows:
March
$1.59. and Sept. :30--and Dec^.31, $1.25 each.i )...* ■
.Uncollectible
was
of the first 50 to receive the Army-Navy "E,"
the privilege of adding a white star to its
pennant, in recognition of the company's continued high production,
(in announcement says.
The original award and star were received
within one year after beginning operations.
; "
' "
used
$6,970,610 $83,679,694 $82,959,523
3,773,876
52,633,642
45,293,425
F.
stocks
*
; This corporation, one
Has now been granted
float
$6,762,680
—2,677,406
close
which
1942, an increase of 6.12%.
14,
Operating, revenues
.per,
holders
share
1288.
of
' 646,307
153,153,108 145,988,429
Schoellkopf, Jr., President; in his letter to stockholders, states
that the corporation called for redemption at 102 on
May 1, 1942,
$1,200,000 5 l/a% debentures, and during the year under review pur¬
chased in the open market $67,000 of said debentures which have
been cancelled.
The corporation also purchased 1,335 shares of
its
class A preferred stock and 79,700 shares of its class B common stock,
England Power Associa¬
the
Net
Added
598,257,"
12,896,141
assets
the
J.
New England Telephone & Telegraph Co.-—Dividend-—
;j
(Nashville,
dividend- of
distribution-, of
1, last year.—V.
; Cr36,103
p.- 642.
Indicated
157,
for the week ended
the capital
March 10.
quarterly, dividend.,of. 27.Vzscents
par
extra
extra
$
of
corporation on Dec. 31,
1942, as revealed in its'
report amounted to $2,898 for each $1,000 debenture, $519 for
each share of class A preferred stock, and $8.12 for each share of
class B common stock.
Corresponding net asset values as of Dec.
31, 1941 were $2,535 for each $1,000 debenture, $471 for each class A
preferred share, and $7.15 for each class B common share.
Up 6.12%-—
and
generated
Earnings for December and 12 Months Ended Dec. 31
an
usual
Mos.- -1941
1942—12
:
237,431,059 229,594,259
14,083,324
•_*.
3,817,018
operating
157,
Net
;■:
preceding; week output was 64.952,787 kwh., up 4.29%
corresponding week last year.—V. 157, p. 556, 476.
the
>
declared
the
to
!
113,989
annual
3.63%.
corresponding
Power Association—Output
in
(the
1943
Tenft.)—Extra Dividend—
share
*
19,830,648
16,277 :
rev.
revenues**.
.Niagara
output
or
the
For
$8,770,-
$9,338,999.
.
Accident
&
y
-
267,047
.
.
20,862,281
taxes
income
board
p.
oper.
oper.
Net
Net
—v.
at
.Utilities>„ was
capital stock repurchased f6r retirement, $4,638;
due for securities purchased, $19,145; reserves for expenses, taxes, etc.,J
$24,155; capital stock .{SI par)^ $1,734,852; jSUrplus, $7,556,209; total.
156,
•
w
_.l
expenses
Operating
Liabilities—Due for
$9,338,999.—V.
-
145,536
"
v'"*
;
1942—Month- -1941
■
.
revenues
Uncollectible
repurchased,
reports electric
431,532
;
production
Feb.
.
common
total,
$13,281;
.
Operating
•.
ended Feb.
investments
investments
etc.j
1942
'
249,664
6,376
' :
•
\
$1,252,565
•
..
.
,
15,887
I-;..'
2308.
p.
$1,318,159
New York Telephone Co.—Earnings-
*
Association—Output—
Association
increase
an
;vv
ago...
Total
$398,098
-
Balance
*
156,
,/ r
.
1,917.;.
:
•
1942—12 Mos.—1941
-
$106,900
12,375
-
Period End. Dec. 31-
and
beneficial
of
re-
accruals*.,>
res,
income;
—V.
$71,797
1942—Month—1941
$115,959
>•'.
revenues
income, after,
tire,
1942
dividends
$191,129;
for
kwh.
New England
3,155
,
4
Dividends paid
Gross
Net
130,743
——
Sheet, Dec.' 81,
,of New England Power Association and subsidiaries
Net
,
556.'
p.
New York & Richmond Gas Co.—Earnings—
Dec. 31,
'
interest
,
..
surtax,
642,
2,811
and
.
,
& Western Ry.—Time Extended—
Period End. Dec. 31—
.
Operating
total, $2,392,667.
141.581,000
under
-1
1940,
.
either, if this should be deemed advisable."--—V. 157,
:
1,439
output for the Feb. 12 week Is reported at 140,127.000 cubic feet,
decrease
of
1,454,000 cubic
feet,
or
1.03%
below
production of
p.
1933-____***_.
*4—*4—
Federal
$495,273
63,974
with
at Dec.,,
Gas
1941
"
a
income
-
connection
Securities Act
W
•
12,323,862
above
Cash
:
70,057
year—4—^—.—
New England-Gas .& Electric
of
Years Ended Dec. 31—
General
Go.—Preliminary Statement—
the
New York, Ontario
or
$127,627
accrued
and
For
156, p..1777.
National Investors Corp.—Earnings—
,(
for
1,663,141
!
—
6,550
surtax-^—.
expense,
$843; provision for Federal normal income
$6,550; provision for other taxes, $264; net assets on
the basis, of carrying securities at quoted market prices,
equivalent
to $10.17 per share for 234,335 V2 shares of $1 par value each, $2,383,992; total, $2,392,667.—V, 157,' p. 347.'
\
;i
'
1 V
407,650
3,000,000
——
and
3,418
Liabilities—Payable
$1,018;
*224,595
»•
Total
f-eport'
•,
■.
Judge Murray Hulbert on Feb. 8 extended until Aug. 6, 1943
the time within which the reorganization trustee"may disaffirm existing
contracts.
The trustee requested the extension "to the end that we-
receivable,
$11,225; receivable foi shares of beneficial interest^sold, $4,635; secur-^j
ities
owned
at
quoted market, price's (cost per books,
$2,916,593),
1
114,130
stock
■
allocated
paid during the
'^Assets—Cash
security.
goods
Surplus-
interest
dividends
-
$14,064
*,.
social
7",
■.
Federal
...
$5,314,937
5,779
taxes,
tax
—&L
repurchases of shares
for participation in un-
4——
Undistributed balance,
85,780
$68,507
'
defective
-
$202,540
1
-
_*.
taxes—
for
Capital
income
normal income
,™v'"
beneficial
Cash
2,703,228
l
taxes——
and
Federal
and' State
v
'_**__
(others)
payable
wages
Accrued
25,556"
$154,320
i
—
not required
$2,185,678;
(trade)-—
$391,585
:
$128,764
distributed income
•.?
v..v>'
payable
securities)
2,020
$5,964,318
•
,
.
"
for Federal
1941,
of
1,147,420
70,493'
'
,
Accounts
1913
income
31,
r
2,514,482
■**..
$1,042,645
—
New York Air Brake
66,600
—
"
(less
losses on
863,505
-
1,815,961
*____"
equipment
31.
and
Portion of net receipts from sales and
2,597
821,570
_
l—ii_
*
•„
332,422
_***!»■'•
cost—
Dec.
gains
.;Undistributed balance; Dec. 31, 1941--.---—
Portion of provision' for Federal capital stock tax
1941
317,741*:'
.'
'¥
Inventories at Nov. 30, 1942,.
at the end of 1941.
1941.
with
may ultimately disaffirm the Rome and Clinton and West Shore leases,
$177,963
(others)16,765
.
Investments
S.
•_*.
$340,705
receivable.
Inventories
U.
•*
."V
1942
•
banks****..****;***^-**-
receivable ' (customers)_*.■*__*
Accounts
unrealized
and
bonds__A—;_*I—.*_*_4_—u-i—».
on
Provision
;
.11
"
'
hand
on
of, realized
dividends.
20,143
'
'
Ended
,
,
^
National Folding Box Co.—Balance Sheet—
31,
.
Year
Statement,
Income
•
.
Net
.-<•
$1,069,499
'
Total income
Treasury shares,
$521,872;
total,.
2041.
p.
-
Dec.
on
compared
yeaf 1942, subject' to completion of
audit, shows consolidated earnings of $3,646,000 before providing foe
Federal taxes on income; estimated Federal income and excess profits,
taxes
(after
applying post-war credit of $239,500)
are
$2,606,000,
leaving net profit of $1,040,000 after taxes, equal to $4.01 per share
of capital stock outstanding.
'
\
V.
For 1941, earnings before taxes were $4,035,770, which, after deduct¬
ing $2,726,000 for Federal income and excess profits taxes left a
balance of $1,309,770 for the-year, or $5.05 per share.
The directors at their meeting Feb. 9,
1943; postponed the yearly
stockholders' meeting until June 9, 1943.—V. 157, p. 642.
i
/
.
Fund—Earnings—
England
Interest
$28,311;
taxes,
•
surplus,
surplus
156,
.
,
income
Preliminary
-
$3,309;
$2,386,373;
•
.
$1,032,468
•
interests
..
total,
$2,380;
.2135.
p,
(Exclusive
Cash
•
Liabilities—Accruals,
156,
New
^
,
:
Crl33,300
earned surp.
transfer.- to
$2,723,194
$1,265,131,
.
"
v
■
,
_*„**._
__****.*
excess-profits. tax credit...—-..
net inc.
of
Balance
—V.
357,956
"LOSS.
•
■'].
$892,167'
.•
profits tax
excess
Post-war Federal
111,551
.
$330,615
1
Federal
of
.-1242.',
P.
1941
——'
these
present
tEarnings per share--*.—$0.33'
*
After $395,000 Federal taxes.- -tOn 38,379 common shares.-—V. 156,
Federal
income
Profit
*Net
'
1942
.-
At
Earnings for Eleven Months Ended Nov. 30, 1912
'/'V'V:9V:/
profit before taxes**.—*•.**.'
—v
normal income and surtax, and State
Poca-)
hold approximately SO'/z^'of
the preferred stock and approximately 72% of the common stock.
'>
In connection with the offer, New River Co. reports for the .11
months, ended Nov, 30.- 1942, 'Unaudited,- consolidated net profit of
$391,585 alter all charges, Including Federal taxes of $395,000, equal
to $5.76 a share on 68,545 shares of 6%, $100 par,
preferred stock.
This compares with a net profit for the year ended Dec. 31V"1&4T," of
$495,039, equal to $7.22 a share on the preferred stock. ■. .
;
The
balance
sheet as of Nov. 30,
1942, shows ■ current assets of
$4,864,916, including cash of $1,301,265; current liabilities, $1,945,908;
and
net
working capital,
$2,919,008,
This compares with working'
on
economic
as
Years Ended Dec. 31—
Net
$129,084
*2,789
*,
of
to the
Hughes,
election
partner
Winkler,
Ma>(
J
'
■
botli
voting rights; has beon owned by Western
,
Directors
members New York
advisor to the Sub-Committee
Co.,
&
'
'
•
Profit
•
majority of the stock of New River Co.,
a
have
and by interests identified with C„ H, Sprague & Sons Co.
Boston.
the United States Senate and as Statistical
S. Congressional Committee investigating corporate
has served
reorganizations.—V.
;
Profit from sales
of
Banking and Currency of
$404,645
—
Total
.
1941
of
Dr.
31
Dec.
1942
attorneys,
Winkler
Bernard,
ner
Income
■
,
'
"
"
'
Research Corp.—New
directors
&
^
,
'
*
'
Simonson, Jr., President, announces
of Richard W. Hogue, Jr., a
J.
Henry
>.
board
Hubbard
;
".
*
.
which
hontas Corp.
$71,870;
taxes,
State
future
National Securities &
■,%
:
National Aviation Corp.—Annual
"l
I
each
$1.50
it is stated, amounted
Arrears,
and
of
1
-
..
classes
$5,000,000;
total,
$280,878;
were
for Federal taxes
reserve
by'March' 2;
early in 1938
Since
payroll,
$55,936;
(less U. S. Treas¬
reserve
for contingencies,
improvements and equipment, $384,192;
earned surplus, $2,818,081; capital surplus,*
$9,235,157.—V. 157,' p. 44.•
1
for
reserve
stock,
capital
per
accrued
$126,504;
notes), $387,287; reserve for local
for social security-taxes, $43,348;
reserve
share 6n
preferred stock,
$2.25
$4.50: cumulative
record
15 and Dec. 15,
15, Aug.
dividend'Of
a
payable,
$24,636;
expenses,
tax
ury
Account of Accruals—
on
paid
holders.of
to
Feb.
on
Feb.
on
15
accumulations
value,
par
Feb.
on
accrued
i
share
common
shq.res, of
to
of
common
stockholders
Detroit Edison
stock
held*
Detroit
No
Edison
stock
of
on
certificates
stock,
but
record
each
50
will
be
in
lieu
'
L •
•
1.
;.,
i
--
■
;
(11
■
?. '1
L
I
Volume
thereof,
each
share
a,
of
;the commercial
157 -Number- 4153
of
will
be paid at the
Edison stock,
$19
38 cents for each l/50th of
the current market price
rate of
Detroit
approximately
based
shares
•
at
stock
on
£>r$15,600; "partial liquidating dividend on
Nov. 27, 1942, Z)r$l,155,731; total, $37,207.
this dividend was recorded as follows: Cash,
cost),
paid
on
""Payment
share.
per
& financial chronicle
of
preferred
Army-Navy <lE" Award—
$489,877;
The corporation has been awarded the Army-Navy "E" with a white
for continued "meritorious services on the
production front", it
,
*
The
explains
company
Edison
stock
is
not
that
dividend
the
distribution
a
the
in
North
of
out
form
of
securities—Container Corp.
Detroit
American's,capital
North
American's
holdings
shares,
.dividend
distribution
1941,
The
dates
North
from
In
1903,
order
to
the year
will
American ,Co.
Edison
authority
up
of
155,000
June
the
1
The
North
.118
"use
of
cash
dividends
'in
program for
income retained to
its
on
which
it
stock
common
has'investments,
$70,000,000
been
to
distributing
of
form
shares
of
the
on
5% %
'record
series
the
time
same
March
declared
also
were,
mine
is
company
North
North
Amer¬
has
American
Feb.
asked
10
payable
the
whether the "death sentence"
April
U.
the
(21
'••>•;
Fifth
■
--Ov;.
,
The
(b)
11
S.
Supreme Court to
action
deter¬
.
;
The
scheduled
whether
on
conducted
addition
the
by
to
North
its
the
road
paid
on
2%
bonds
30
"Net
131,
is
has reported
to
23/4%
at
the
at
March
American
subsidiary,
Co.
St.
'
utility
integrated electric
dividend
A
-stock,
system
County
operated
Penn
subsidiary, Union Electric Co. of Missouri.—V. 157,
Electric
.
week
output" of the
ended
Feb.
cents
repayable
12.6%.
Electric
f.
.week
•
.
States
Powerf Co.
•", -,
•>■':
of the
and
the
output
increase
v. ' ■
an
:
*-
holders
to
1
Dec.
on
of
period
a
23,
and
Feb.
36,204,000
9.5%.—V.
".'v.
Feb.
of
Northwestern Bell
1942—Month—1941
•Uncollectible
Operating
oper.
$4,101,467
each
dividend
a
the
on
value,
par
cents
40
$4
156,
made
were
1941.—V. 156, p.
of
60
cents
non-cumulative
holders
to
2,989
6,266
87,353
99,435
3,036,271
2.352,637
30,155,932
25,837,412
rev.-
expenses
$44,005,465 $38,066,668
lii,-'
of
during
1942
35
1,
cents
25
oper.
Operating
were
cents;
common
This
each
taxes
_
620.854
29,026
7,738,100
It
that
is announced
tion
of
record
Jan.
on
$441,353
$833,421
$6,024,080
Net income
—V.
$6,255,298
361,558
484,201
5,624,023
5,314,487
——
charges
157, p. 258.
Period End. Dec. 31—
revenues
and
30
share
per
convertible
Jan.
16.
Baltimore, Md.—V.
.
on
pre-
•
Distribu¬
The
to holders of
directors
$530,971
$1,770,333
$1,546,895
1,048,816
1,046.900
1,048.816
1,046,900
$0.49
$0.50
$1.69
Federal
•Uncollectible
Operating
$82,296
•
106
open. rev.
$77,251
■
tions,
Malartic
while
>
.4
62,441
expenses
181
v
51,310
"
$904,762
•
1,195
2,129
•
623,709
565,108
"
Net
oper.
Net
—V.
p.
$25,760
$354,668
The
reoord Mar. 8...- Payments
12,477
142,157
135,889
$17,697
$13,283
25
cents;,
Bldg. Corp., Baltimore—Bonds Called—
terminated,—V.
are
It
will
opera¬
explored
in
be* resumed
directors
The
time
last
year..
voted
10
the
on
to
1509.
p.
omit
the
were
of
made
no
Feb.
on
the
on
1;
a
16
declared
have
directors
$201,636
dividend
a
25
of
capital stock, payable; Feb. 20 to holders
v,initial distribution of like amount was made
%;'-■% '% '•
the
At
the
began April
RFC
%
of
the
Smaller
War
.;
>
original loan amounted to $750,000.—V.
and
Fed.
other
maint.,
Other
An
Feb.
reduction
revs._
%
Bell
Telephone
Operating
The
to
—
$4,795,559 $59,651,614 $53,874,032
■>.
11,452
106,484 117,054
2,893,308
35,510,438
31,498,170
revenues—
.Uncollectible
$1,953,622
25
cents
rev.
expenses
oper.
Operating
Net
.
-
taxes
.,.1,108,746
——
operating
income
...
986,729
,
$844,876
823,159
14,481,989
$904,070
April
announced the
15
retirement,—V.
157,
p.
10
Oct.
and
declaration of
stock,'"
common
March
last
no
Like
15.
and
year,
156, p.
dividend
amounts
Jan.
on
10,
paid
were
April
share
per
record
on
Feb.
were
paid
was
Feb.
on
account
stock,
This
of
and
a
dividend
the
$2.50
Mar.
15
of
25
cents
share
per
on
on
Dec.
11,
holders
on
June
as
of
15
record
and
3.
Mar,
last
Sept. 15,
at Dec. 15, 1942, amounted
per
-
Faepcke Corp.—Dissolution—Annual Report—
Walter
On
P.
Nov.
Paepske,
23,
President,
1942, at
special meeting
a
of stockholders,
a
resolution
adopted directing the dissolution of this corporation.
was
Earnings for Years Ended Dec. 31
Years End. Dec. 31—
1941
1942
received
Dividends
•Miscellaneous
$81,267
522
$81,280
;—.
$107,693
13
——
income
A
declared
30,
July
31
Dividend—
while
on
157, p. 259.
Sept.
10,
1942,
initial of 35
an
:
- *
—
—
sales
on
securities
of
Balance
—
$108,215
43,986
——
$37,293
———
—
Expenses
Net income for year
on
preferred
Assets—Cash in banks,
taxes
of
stock
$12,988
70,570
—
$37,204;
par),
$1,115,700;
56,999
filed
in
taxes, $21,250; 7% cumulative preferred
stock ($1 par), $49,761; paid-in
common
at
earned
surplus
(deficit),
Dr$57,582;
treasury
preferred
stock
(300
—
Wage
19, 081,841
34,620,626
1,970,721
2,372,786
.16,145,413
20,884,865
reflect,
1,
1943.
new
was
10,
ity,
classification
•
ordered
agreement
ordered
where
156, p.
by
the
1869.
Philco
The
25
a
accounts
by
adopted
cor*
•'/
■
1943, Federal income and
V"';'
1942,
'
Federal
income
3i;
and
1943,
prior
with
excess
;
''
taxes
.'■'.•••
\
income
profits taxes
'
accrued
were
profits
excess
include
months,
the
<■
months
12
ended
taxes
adjustments
to
set
Jan.
31,
for
made
accruals
up
Act ^of
Revenue
1942,
credits,
1942,
the
in
the
at
net
being
12
rate
months
October,
1942,
these taxes in
for
the
Federal
Act of 1941.—V.
Purity Bakeries Corp.
;
profits
• excess
charged to income.income and excess
157, p. 349.
(& Subs.)—Earnings—
Jan. 2, '43
Years Ended—
Dec. 27, '41
Dec. 28, '40 Dec. 30, '39
oper."* profit—-i'$20,534,313 $17,534,244 $16,265,851 $16,573,983
"Gross
& repairs:.
1,004,188
799,556
713,078
779,640
Deprec. of pit. & equip.
1,026,856
14,467,252
1,098,460
13,179,008
1,154,614
exps.
12,480,410
1,172,781
12,188,006
profit-
$4,036,017
$2,457,220
$1,911,749
$2,433,556
See t
17,032
Maintenance
&
gen.
adm.
Net
operating
retired
debs,
on
:;.i through
sinking fund
Int., disc. & sund. rets.
•
-
-
101,032
28,730
140,310
115,760
$4,176,327
$2,572,980
$2,029,813
$2,568,145
208,150
245,650
249,312
31,496
31,496
31,496
31,496
$2,124,158
738,705
448,003
447,292
$1,825,023
$1,565,842
$1,304,664
$1,840,045
110,485
Total
Int.
eliminating
3
a
cents
an
hour
differential
for
unanimous
was
was
4
to
on
all issues except union
employer
2,
members
secur¬
income
deb.
of
136,463
156,159
188,231
$1,714,538
.
disc.
debt,
$1,429,379
$1,148,505
V
105,859
&
expenses-
inc.
for Fed.
Net
Divs.
sub.
Consol. net profit-—
Common
the
Feb.
cents;
have
common
27.
June
declared
stock,
Payments
12,
Sept.
year-end of 20 cents.-
a
par
quarterly dividend
payable March
S3,
during
1942
share
,
12 and Dec.
12,
$299,881
$494,599
$1.85
$1.49
$2.14
on
(no par)
cost of materials, supplies, production labor and
amount of $29,570,565 in 1942, $23,879,907 in 1'941,
$21,069,057 in 1940 and $19,640,166 in 1939.
(On debentures called
($32,315) less discounts on debentures retired.
(Includes $1,093,692
provision for excess profits taxes.
"After
expenses
deducting
the
in
Consolidated Balance Sheet, Jan. 2, 1943
in
banks
and
on
hand,
$4,268,716;
U.
S.
Treasury
bonds of 1948, at cost, $1,000,000; customers' accounts receivable
(less reserve of $48,279), $435,235; sundry trade accounts, claims and
134%
of
15
12
to
follows:
cents
holders
per
of
flour,
ingredients,
supplies
advances,
$14,455;
of cost
market, $2,047,300; post-war refund of Federal
or
12,
tax,
10 cents each, and Dec.
28,
$298,531;
as
348,624
$503,608
$2.22
per
925,771
$518,750
-
—
$1,651,813
1,157,214
771,476 shs. com. stk.
March
were
1,195,788
dividends
Surplus
Earnings
28,787
pref.
co.
stock
dissenting.—
Corp.—To Pay 15-Cent Dividend—
directors
on
.•••''
tax-
J,
profit
on
195,650
&
:
(Premium
Prov.
debt
oth.
&
expenses
the Board.
vote
on
Amort,
Assets—Cash
share
of
>
.
In January,
profits taxes include adjustments made in June and September, 1941,
applicable to prior months, to set' up accruals for these taxes in
at
pay
record
13,735,761
employees
against union coercion of employees into membership in the union.
The company operates the subway and elevated lines, surface lines
and buses of Philadelphia, Pa.
V.
.
after deducting the post-war
Disc.
hour; retroactive to Aug.
an
12, 690,426
31,112,630
14,967,217
Increase
Union members are given 15 days from
Feb. 11 during which they may resign if they do not wish to remain
members for the
duration of the contract, and provision is made
also
accrued real estate taxes, $2,540;
arising from reduction of capital, less earned surplus deficit
June
30,
1941, and
subsequent charges for dividends, $76,710;
19,448,605
1,135,047
to
,
approximately 100 employees on suburban bus lines.
Voluntary maintenance of membership, offered by the company in
the course of hearings and recommended by the WLB referee,
was
the
surplus,
1,713,113
3,507,833
to
Jan.
the
In
.
The Board's action
claims for refund of Federal income
amount, claims for refund have been
approximately $70,000), $3; total, $37,207.
for Federal income
($100
$58,821
Co.
-
present is 83 cents an hour.
A 15% increase over the
January, 1941, base of 75 cents would bring rates to 86 V* cents.
Approval of the 4 cents increase, recommended to the Board by its
referee, Willard E. Hotchkiss, brings the base rate to 87 cents.
In
general, the company's wage rates in key occupations were found to
be below those of transportation companies in comparable cities.
The Board approved the company's request that it be
allowed "to
extend
a
comparable increase of $8 a month to salaried workers
within
the
Board's jurisdiction.
Approval was also given to
the
Sheet, Dec. 31, 1942
Liabilities—Accounts payable, $159;
provision
25,016
nominal
(at
amount
19,842
2,500
—
-
stock
Balance
$103,678
21,805
—
Provision for Federal income taxes—
Dividends
4,537
Transportation
•
on
Feb. 13 by the National War Labor Board for
of the Philadelphia Transportation Co.*
The Phila¬
delphia Rapid Transit Employees' Union, independent, represents the
employees involved.
The grant was made to eliminate maladjustments and inequalities.
1942
10,000
parties'
Total
Loss
4, 755,831
1,718,612
81, 836,379
X
a
general wage increase of 4 cents
Base
states;
9,657,884
and Federal excess profits taxes at the rate of 60%.
taxes,
1956.
Co., Inc.—35-Cent
13
last,
disbursed.—V.
Granted—
(cumulative class A common
to
with 50 cents each paid
Sept. 15, 1941.
Arrearages
share.—V. 157, p. 643.
on
to $27.12 Va
on
payable
value,
compares
year,
declared
accumulations
par
no
have
15,450,006
^
•accordance
on
quarterly dividend of 35 cents
the common stock, par $1, payable Mar. 10 to holders of
20. " A regular of 35
cents and an extra of 15 cents
Philadelphia
Ohio Confection Co.—Accumulated Dividend—
directors
92,987,486
328,758
1,162,671
Federal
Sell.,
The
7,821,536
3,133,392
applicable
of
payable
value,
par
g
152,985,103
deducts—
etc.,
January,
ended
\
a
g
14,536,292 168,656,611
1,165,052
accordance with the Revenue
Pfizer &
directors
cents
258.
10,
Sept.
1941.—V.
31,
(Chas.)
The
$9,552,703 $10,384,577
income
883,233
"9,256,729
10,116,420
.*472,400 of this has been reserved and is carried as surplus. Reserved '
.in respect of .the excess profits tax credit for 1942 not used.through
Net
share on the
holders of record
per
to
1
March
11,874,231
,
debt
Feb.
V
■
*1943—12 Mos.—*1942
in accordance with the Revenue
Act of
1942, the net
profits taxes, after deducting the post-war credits, being charged
of 35%
$1,890,799 $24,034,692 $22,258,808
oper.
and
Net
on
subsidiaries)
801,756
income.
In
2044.
Brewing Co.—25-Cent Dividend—
The directors
1942—12 Mos.—1941
$5,408,881
4,621
3,450,638
revenues
Operating
Pfeiffer
Co.—Earnings—
1942—Month—1941
General
accrued
excess
year
current
of
stone quarrying
1,393,486
_
"^Restated
(2)
Ohio
staff
a
8,631,625
taxes
taxes
Note—(1)
.
Period End. Dec. 31—
and
15,678,871
taxes„-
prof,
Balance
of
fiscal
p.
the
on
1943—Month* 1942
exps.
income
Income,
present $329,000.
a
Unit
deprec.
retire,
excess
were
156,
Plants
on
Aug.. 20,- 1942; -none
the
of
Condensed Consolidated Income Account
,,
Federal
1,
13.
cents
•
(Corporation
de¬
share
per
$201,000
a
during
1942, from $530,000 to
1,
cents
25
holders
Camden,
Period End. Jan. 31-
Semi¬
and Oct.
of
to
31
of Burton Canfield as a director.
occasioned by the resignation last month of Warren
N. J., who has been called to Washington
of
poration Jan.
announced
loan
dividend
March
announced the" election
vacancy
a
Corporation Loan Reduced—
directors
long-term
quarterly
payable
Mr. Canfield is President of Burton Canfield, Inc.,
business in Cedar Grove, N. J.
Exps.,
value.
record
on
,
.
v
"V
Finance
the
time
same
company's
of
a
stock,
Campbell, Chief of Ordnance;
when
ordinarily
par
on March 2
the
since.
declared
common
Jr.,
Chief
as
i
Pettibone Mulliken Corp.—Dividend No. 2—
The
,
.
;'VT•<,'
.
„
g
dividend
stock
;
;
157, p. 478.
common
of two cents each
156,
board
and
Feb.
on
this
about
clared
-annual payments
Alexander, Inc.—15-Cent Dividend—
New" Director Elected—
.Webster,
being
were
break.
612.
p.
on
directors
share
He fills
acquired control and
leases
ore
Cadillac
156,
'
'
Petrol Oil & Gas Co., Ltd.—Omits Dividend—
which
$212,511
treasury
,,
Payments'during 1942 were as follows: March 31,
cents;; June 30.and Sept, 30, 20 cents each; and Dec, 21, 25 cents. 1
30
.
Mines,
the
to
''present restrictions
$337,525
2,052
—_
income
258. \
oper.
157,
$19,749
revenues.—
taxes
$1.48
(Excluding
Public Service Corp. of New Jersey—25-Cent Dividend
record' March
Ltd.—Acquisition—
important
two
Reconstruction
Operating
taxes.
common
quarters.—V.
per
treasury
subsidiary
structure
,
$979,572
income
Feb, 14 declared a dividend of 15 cents
per share
stock, par $5, payable Mar. 15 to holders of record
Mar, 1.
Similar distributions were made on Mar.
16, June 15, Sept. 15
and Dec, 15,
last, compared with 10, cents per share in-preceding
the
last year; '
July 30,
Ltd., by the option of the balance of
shares. /■,'
*
The property of the acquired company/consisting of 3,437 acres, is
located in Ranges V, VI and VII, Dubuisson Township, Quebec.
Work on the- property 'was suspended,
due-to^ Government regula¬
1942—12 Mos.—1941
1942—Mcjith—1941
—
1942—12 Mos.—1941
$531,299
Balance
Ohio Associated Telephone Co.—Earnings
Operating
157,
Subs.)—Earnings—
1942—3 Mos.—1941
and
on
165.
this company has
Malartic
of Seventh
Seventh
5,874,523
income——
oper.
Division.—V.
1778.
p.
as
follows•„ Apr.,. 1,. 40 cents;, July 1,
and Dec'. 29, 25 cents.—V. 157, p. 644,.
Perron Gold Mines,
"f
.
Net
the
No
The
$862,447 $13,762,180 $12,129,821
$1,062,207
revenues--
of
•
Oper.
Net
(&
Dec. 31—
Postal Service
Share has been declarecTon the common"
per
$5,»payable Apr, 1
,par
Oct.
1942—12 Mos.—1941'
$3,221,350
Director
total of $16,000 of Baltimore Parcel
Post Station leasehold mortgage. 5%%
sinking fund gold bonds due March 1, 1949, have been
called for redemption as of March
1
at
101
and interest.
Payment
will be made at the Safe
Deposit & Trust Co., trustee, 13 South St.,
••
Telephone Co.—Earnings—
Period End. Dec. 31—
Operating/revenues
Research
net
Note
(Philadelphia)—Pref. Dividend
30 paid
Jan.
on
no
July 30,
on
.stock,
;
.
$6.94
provision was made, the report states, for excess profits
tax, since the earnings do not indicate
any liability based on the tax
laws now in force.—v.
156, p. 1779,
Co.,
20.
cents
25
1941.—V.
the
on
record
last,
1,
and Dec,
Co.
accumulations
of
stock,
dividend
of
Northern States Power Co.* system for the
6, 1943, totaled 39,661,000 kwh., as compared with>.
kwh. for the corresponding week last year, an increase of
157, p. 557.
:
•
rr
'
r<
ended
$2,425,449
$7.60
shares.
,
with2;'
compared
:
the
for
$2,657,768
$2.25
—
another
system
Assistant
profit..,_
•^Cap. stocx outstanding
Earnings per share,.,.
serially over
share has been declared
per
paid
Investment
company
tions
in
(Del.)—Weekly Output—*
13, 1943, totaled 39,337,000 kwh,,. as
for the corresponding week-last year,
34,948,000.kwh.
'
Northern
.
$785,696
$2.15
Plymouth Oil Co.
643.
p.
named
Consol.
Peoples Drug Stores, Inc.—25-Cent Dividend—
Northern States Fower Co,
?.
1942—12 Mos.—1941
Alphonse Pechukas has been appointed Research Director of
company's Columbia Chemical Division,
according to an announce¬
by Vice-President E, T. Asplundh.
Dr.
Franklin
Strain' has
on
business
by
;
3942—3 Mos,—1941
share___
Powdrell &
ferred
Co.,
75
March
1942, and on Sept, 25
1,
evidence
Gas
$1—
2309.
p.
Period End
and
2534.
p.
& Reel Co.—25-Cent Dividend—
cents
25
payable
with
compares
Sept.
of
$1,
par
The
(Mo.)
on
644.
p.
Trust
Co.,
New
York,
and First National
Bank
of
The Bank of New York & Trust Co. has taken the remaining
157, p. 644.
•
account
Louis
ever
months.
Corporation, one
Aug, 14, 1942.—V. 157, p. 644.
A
•
16 to receive further
should retain the gas
few
next
$753,376
per
156,
been
$500,000.—V.
•
v-"'\
•
the
Philco
Dr.
Manufacturers
Parkersburg Rig
.v
in
to
Pittsburgh Plate Glass Co.—New Research Director—
latter,
105
and proceeds will be used for "corporate purposes."
apportioned $1,500,000 each to the Bankers Trust
loan, is
made
was
profit
—V.
registered form
that it has arranged for
SEC
interest,
country,
further
"Aftpr interest,,depletion, depreciation, amortization, Federal Income
and minority interest,
ton 349,470 shares of $6 preferred stock.
first
a
which
Ry.,
in
notice
Pictures, Inc.—$5,000,000 Loan
$5,000,000
considerably higher rate than
a
presentation
•taxes
City to Shawnee,
district is part of
are,
days'
annum;—V.
per
issue which
City-Ada-Atoka
on
at
increase
to
award
ment
Oklahoma
The
date
the
Period End. Dec.
923,
p.
the
Interurban Ry.
Oklahoma
running
Pittsburgh Coal Co.—Earnings—
$1,870,-
was
dividend
Ry.—Bonds Dis¬
of the
from
these bonds.
interest
to
up
company
Chicago,.
'■' r'
hearing
a
the
any
interest
of
The
.
,
v.,-,.
SEC
by
on
of
City-Shawnee
has assumed
of five years,
SEC Sets Hearing March 16—
;
amount outstanding
mile.s
is
expected
of the first in
'
\
is
the
"After
The
is
Act.
■pany
operated
callable
loan
recent
a
34.46
Oklahoma
Paramount
a
move
on
the part of the company to obtain relief
ruling of the U. S. Circuit Court of Appeals for the
Second
Circuit
upholding the SEC in its effort to compel North
American Co. to dispose of all but one of its properties.
The action is the first of its kir.d to reach the Supreme Court for a
ruling on the most controversial features of the Utility Holding Com-
from
and
original, "E"
liquidation
1942)
liquidating
which
in
16.
to war work, the corporation is turning out .elec¬
for planes, ships, and tanks, shells, fuses and indus¬
batteries for the Government.
storage
production
The
of the Act violate the due process clause
(1)
Amendment?
partial
to
over
&
entire
on
line
and
Death Sentence—
■
Does Section
the
the
The
company
provision of the Public Utility Act
constitutional.
of
is
Okla.
holders of
to
l
This
mortgage
Specifically it wants the highest' court to rule on two questions:
(11 Is Section 11 (b) - (U—commonly called the "death "sentence"—
of the Act within the power of Congress, under Article 1, Section 8,
Clause 3 of the Constitution, to regulate, commerce among the several
States?'
the
by Missouri-Kansas-Texas RR..,
.
on
amount to
entitled
were
entitled
channels, $400,000 Oklahoma City-Shawnee Interurban
Ry. first income 2-6s, due Jan. 1, 1954, formerly owned
investment
an
Asks Supreme Court to Rule on
The
of
is
preference
27, 1942, which was recorded at $1,155,731.—V. 155,
accrued
10.
stock
in
cumulative dividends to Dec. 31,
consideration
Feb.
on
100%
War
before,
Co., Inc., Philadelphia, announce
that they have purchased and distributed through retail
indebtedness since April 15, 1941, from
stockholders
own
stock
dividends
The aggregate
preferred
tributed—Stroud
in Detroit
.Edison Co, which could not be retained by North American under the
Securities and Exchange Commission's order under the Public Utility
Holding Company Act,"
Regular quarterly dividends on the $50 par value preferred stock at
,the rate of 75 cents a share on the 6% series and'717/s cents a share '
its
to
preferred
par)
cumulative
liquidation.
of
trial
by board of directors
(Earnings
companies
other
other funds,
with
together
At
$38,988,000.
Converted
tronic equipment
.
Oklahoma City-Shawnee Interurban
company
in
ican has reduced its outstanding
in
shares
before
Nov.
($100
unpaid
announced
was
says;
policy initiated by the
American's
stock,
,
.
..
cumulative
stock
common
determined
reserves
$56,264,
plus
(including unpaid
and Ex¬
Detroit Edison
"This dividend action, which
two years ago, is part of
retiring outstanding debentures.
By
the .end of 1942 through payment of
in its statement,
company,
follows-the
7%
outstanding
stock.
.
1941,
share
per
*
.
less valuation
30,
Note—The
$100
Securities
the
this stock)
at
as
North
shares,
shares of
12,500
to
.
for
■''
company
Edison
approximately
.
Detroit
Detroit Edison was organized,
stock to make the April
which
to .acquire
the
star
cost, $535,f52; Chicago Mill and Lumber Co., 3,761 shares of capital
at cost, $73,638; Chestnut Street Corp., 10,857 shares of com¬
mon stock,
at cost of vacant real estate and other assets (exchanged
Edison stock amounted to
outstanding, before the first
was
made on July
1,
in
shares of capital
stock,
stock
interest
Detroit
total
obtained
recently
Commission
total
the
Co.'s
in
enough
which
Detroit
of
of
Detroit
in
American
have
distribution,
change
19.29%
or
43,428
at
or
capital surplus, and is not a partial liquidating dividend.
Thg dividend
is charged On the books of the company to its earned surplus.
.1,227,315
of America,
733
and
and
products,
at
lower
excess profits
sundry real estate and miscellaneous investments, at cost,
statutory deposits with State authorities, U. S. Government
$89,835;
New
York
State
bonds
and
New
York
City
corporate
stock,
vertible
$135,397; property, plant and equipment (less reserve for depreciation
of $9,459,150), $13,792,935; deferred charges, $508,957; goodwill, trade¬
marks and organization expenses, as written down, $5,597,869; total,
$28,189,230.
■
.;''1
,,
1948,
1,
The
.'
Period End, Dec. 31—
oper. reVeiitieS-iy"
oper. deductions..
to
Recapitalization Plan—
instead
the
of
The
first
the
two
returned
to
vote
one
>.
1,176 927
by March, 1948, under a plan
calling for a $1,000,000 reduction on Sept. 1, this year; $1,000,000 on
March 1, 1944, and $562,500 semi-annually until March 1, 1948,
The changes in the voting povers of the preferred and common
stocks were made to meet objections of the SEC, which felt under the
original plan the preferred had been given excessive voting power.
Th Chase National Bank will take $3,000,000 of the proposed bank
loans; the Harris Trust & Savings Bank $1,000,000, and nine Seattle
banks the balance.—V. 157, p. 557.
ordinary
$16o,08G
„
Pullman, Inc.—To Pay 50-Cent Dividend—
The
directors
declared
have
dividend
a
of
50
cents
$100,646
$942,169
$1,279,385
1.003
Net
$100,102
$941,166
47,000
cents
two
A
due
$100,102
$804,166
36,905
793,679
at
$1,274,729
173.484
785,519
*$55,651
r
$63,197
; $10,487
.
total of
Oct.
"M"
Mara time
income
Gross
-
radio
Commission.;
communications
corporation
reports
of
the
at
stock
common
Interest
for
Res.
$3,766,421
$3,519,366
Radiomarine,
171.
tributions
the
at
asset
$2.95
which
Trust
1,829,979
1,581,152
amounting
income
491,671
496,771
502,074
Net
495,882
on
412,000
463,000
450,000
450.000
produces
-
v ;;;
stock,
amounts
93,000
—„—_
$577,679
$577,672
$523,140
stock-
553,198
553,198
553,198
to. 25
value
31,
share
per
156,
Surplus
•
—
l.———-
$24,481
282,940
$24,474
258,467
$$30,058
288,525
$74,506
229,896
Surplus from prev. year
$307,421
$282,941
$258,467
553,198
$1.04
553,198
>$0.94
payable
paid
1942
of
par)
Operating
286,000
Earns, per
sh. on com._
oper.
A
Dec.
dividend
"stock,
mon
'
:
♦Call
i
————
—
loans
Store
;
Net
1941
'
531,463
417,948
21,004,783
Investment in subsidiary company^
;
7,032,671
Prepaid charges ———_
———— 88,512
Other investments
————__A——v;-..'31,700
Refundable portion of Dominion of Canada ex¬
cess profits
tax
——
16,829
Advance to Quebec Ry. Light & Power Co
etc.
—
-
holders
of
——————
—
■
the
157, p'.
Accounts
Accrued
payable
interest
Dividends
;
deposits
.
payable
and other
charges—
.
reserves
;
,—
Total
t553,198 shares of
Feb.
on
$506,590
Cr279
$8,230,062
5,995
1942—Month—1941
Total
oper.
revenues—
Total
oper.
deductions.
$762,039
475,563.
$914,631
1.053,305
4.156,987
Net
oper.
no
$150,489
$2,067,080
81.274
945,814
895,794
$69,215
$1,121,266
$1,082,761
.'
40,961
10
declared
dividend
1938.—V.
8,
an
'
before
Deducts,
$8,335,489
5.331,441
»$138,674
$3,064,048
799
Net
Net
$9,439,112
$3,065,464
$3,094,482
$3,133,174
Dr26,805
Net
inc.
$3,151,218
company
dividend
stock
since
784,483
354,999
of
95
"$929,954
$2,683,660
Ry.
Ry.
^
Ended
on
268
4,343
"$930,222
$2,679,317
"
Nov,
Dec.
per
as
$636,446
in
p.
*
168,390
Cr817,808
1,757,690
972,192
inc..
$78,307
"$112,414
$921,627
-
$991,180
Co.,
Ltd.—Accumulated
$1.62 Vfe
per
6 V2 'U
share has been declared on account of
cumulative preferred stock, par $100,
Payments during 1942
15, $1,62V% each; and
Arrearages as at Dec, 15,
1942, were reported
as
$6.50
$312,240
263,856
$52,272
.
fund
to
1,040,*799
1.046,140
1,480,217
500,736
r, 459,166
$9,528,980
$8,405,031
530,922
4,018,574-
4,124,038
3,881,205
2,900,000
2,400,000
2,000,000
1,800,000
Fed.
inc.
[155.000
tax
18,838
$2,320,263
1,960,425
$2,064,942
1,960,425
2,178,250
-
|623,000
income:
cap.
$803,530
Cr4,976
$595,350
71,856
$37,536
$667,206
64,655
2,146
69,761
income
from inc.
-
$35,390
33,428
$597,445
401,284
$1.00
\
/
1941
.
250,000
L *" 1,156,379
'
;
250,000
.
4
1,337,068
.460,399.
subsidiary....——17,073,866
a
'
2,727,645
fund v. i— —,—-1.^—
2,291,205
"
416,923
17,121,98.4
2,447,351
—
.
portion
of
Dom.
of
Can.
excess
'
' 432,652
—:
tax
River
and
other
storage
dams
(less
;
3,494,925
3,376,596
2,890,658
'
3,819,218
186,205,463 181,649,190
Liabilities—
Bonds
.
,
67,562,997
■'
i
Accounts
67,562,997
83,005,000
3,817,538
5,485,709
Accrued bond-interest and -dividends—1,296,700
$330,820
401,611
-
'
-..C-—'Iill
82,139,000
Capital -stock
$336,194
5,374
,
:
'
of
profits
;
68,887
..
81
Dec.
Call loans and temporary investments——...—
3,617,697
.Cash,-,—2,787,512
$267,307
3,014
2,177
Sheet,
amortizatioh)
■
-^"4^522
$34,026
Balance
receivable
"Sinking
Crl7,938
Cr42,109
^
•
-
income from
charges
Accounts
218,941
*
1,960,425
2,178,250
-$0.95
$468,310
250,289
$36,203
income.
oper.
income
$1.06
fixed.assets^l.—C;—A—151,913,182. 149,989,392
Securities
3,303,778
5
$2,304,826
2,178.250
Assets—.-
Prepaid
$3,772,088
3,484,317
.
Cr6,978
61,000
358,000
$2,532,866
profits tax—
Net
Deposit with Quebec Government
Movable plant and stores-—.^—
$4,287,847.
485,831
3,836,244
depreciation.
1942
payable
Surplus
1,299,980
24,995,248
1,167,131
'2,560,990
;
■
.
22,235,556
1,165,981
Depreciation reserve
Contingent and insurance fund—
Inc.
avail,
for
fixed
3,539,828
Total
*$28,452
charges.—
33,426
authorized
be used for the, purchase
of
$300,000
to
the
of. 6!cumulative con¬
paid to Montreal Trust Co. as trustee.—V. 157, p. 261.
:
-
186,205,463 1 81,649,190
J—
'
'
t
,
Silver King Coalition Mines Co.—Earnings—
Net
after
inc.
a.
"Deficit.—V.
fixed
.
*$61,878
—...
$1,962
have
1942—3 Mos—1941
1042—12 Mos.—1941
$44,867,
$64,993
$245,705.
$395,272
share—
$0.04
$0.05 •
$0.20
$0.32
"After depreciation and
Federal taxes but before depletion,
ton
.1,220,467 shares of common stock, $5 par.—V. 156, p. 2139.
Period End. Dec. 31—
t *$70,791.
"Net
been
called
for redemption as
'•
.
of April
1, next,
brW gold bonds, due April 1, 1947,
at 105 and interest.
Payment will be made at the Miners National
Bank of V/ilkes-Barre, trustee, Wilkes-Barre, Pa.—V. 152, p. 1295,
Sontag Chain Stores Co., Ltd.—25-Cent Dividend—
•
—V.
January—
1943
$1,159,145
1942
$1,130,009
directors
The
•
were
declared
no par
Distributions' of
20.
March
Increase
:
have
the common stock,
Feb.
Schiff Co.—January Sales Up 2.58%—
sales
———
per
total
a
of $19,600 of first mortgage 40-year
Month of
profit
tEarnings
Sayre Electric Co.—Bonds Called—
There
$106,161
157, p. 558.
.
dividend
a
of
cents
25
apd Dec. ,1;. last year.
Quarterly payments of
during 1941.—V. 155, p. 739.
|
2
157, p. 350.
15 cents each
South Carolina Electric & Gas Co.
-Earnings'
Mich.—Acquired by
Gross
Chicago Interests—
Ackerman,
LaSalle
President
Industrial
operating
revenues—
1942
;
—
Operating expenses —
Electricity purchased "for resale.——
cf Investment Corpo¬
Kloinman and J. S.
Vice-President, respectively, of
Corporation, on Feb. 10 announced : the
Provision
Finance
acquisition of the Schwarze Electric Co. of Adrian, Mich.
This com¬
is one of the largest manufacturers-of signalling devices and
related
automotive and
electrical
equipment.
Established in
1904,
the Schwarze, company reported total assets as" of Dec. 31, 194Z, of
$682,232, against liabilities, exclusive of capital stock and surplus, of
"Federal
1941
$6,127,790
2,719,783-
2,670,974
—.
fbr depreciationai—.
taxes—Hi
; *
.Other 'taxes
:
:
1
303,000
.
n
306,000
411,479
"I®
675,000
7OOiO0O
income
i!o
i-
34,469
354,543
212,836
■Maintenance ■'
Executive
'
•
$6,676,370-
.
■
and
on
made
12 Months Ended Dec. 31—
■
Schwarze Electric Co, of Adrian,
share
per
value, payable March 1 to' holders of record
10 cents each were made on this issue on
$29,136
group headed by J. M. Doroshaw, President
ration of: North America,
and including E. I.
the setting aside
^
"Cash
-V'1--'v
—
fixed
'
dividend of 25 cents per share on the
common stock, payable April 2 to holders of record March
10.
Pay¬
ments during 1942 were as follows:
April 2, 50 cents, and July 2,
Oct. 2 and Dec. 21, 25 cents each.
Distributions of 50 cents per share
were made each quarter during 1941.
purchase
-921,936:
1,737,503
rentals.
|562,000
1942—12 Mos.—1941
7
'
'
,
$48,384
..
25,224
A
The directors have declared a
also
'
2,116,000
;
Increase
-
1939
1,550,008
481,406
storage
Muttawin
289,789
—
deducts,
Total
Dividend—
Republic Steel Corp.—Declares 25-Cent Dividend on
Common Stock—$300,000 To Be Set Aside for Purchase
of 6% Conv. Preferred Stock—To Call Bonds—
directors
taxes
4,691,099
$1.81
.
.
'
,
' "
1940
$778,194
.
$526,420
$110,026
as compared with a
January
349.
$342,061
—.,
op.
1941
investments in subsidiary and other com*
interest oft" St; Maurice Power- Corp. bonds and notes
and fees received for technical services.;
-
$3,930,194
,
.1942
joint facil-
charges
share.—V. 156, p. 613.
The
none
panies, rentals,
3,152,000
1942—Month—1941
accruals
ry.
Misc.
15 to holders of record Feb. 28.
follows; Mar.. 14, June 15 and Sept.
15, $3.25.
1941;
'
•
expenses
"Including
3<Vf 1942
RR.—Earnings—
ry.
;
Dividends
1943
■
operated 118 stores
year ago.—V. 157,
from
rev.
tax
Other
$1,963,372
payable Mar.
were
20,
______
cess
9,621
$246,697-
the
Dec.
1,093,939
.Total
.
expenses——
oper.
Net
accumulations
and
28
$23,291,283 $19,111,277 $15,762,141 $13,994,918
887.030*
' 953.006
v 1,302,574
1,138,609
for
■
171."
a
oper,; revs,.,
Equip, and
ity rents
$1,972,903
1,674
Grain
of
June
on
for Prov. prof, tax
cents
157, p. 260.
dividend
Dividend—
share has been declared on the com¬
March 10 to holders of record Feb, 26.
disbursed
for
:
Rutland
1,178,225
$248,371
surplus.
Reliance
revenue
and excess prof,
organization of
:T—!
157, p.
Period End. Dec. 31—
(The)
A
$0.13
•
965.
p.
Prov.
■
"Loss.—V.
Corp.—121/2-Cent
39.909
■
Comparative Income Account; Years Ended Dec; 31
•
Refundable
charges
transferred
earned
to
$1.43
Suspense account for ex¬
—_
shares,—V.
similar number
18,044
$3,038,659
^
income.
charges (net)
net
224.593
$0.62
per
payable
were
Prov;
157, p. 558.
38,692
.
Dr7,596
ordinary
from
$5,
par
156,
cents
Interest
6,344,630
f$145,471
income —
Deducts.
116,466
-
Operating >profit.l___ $13,960,209 $10,854,837
757,281
795,222
taxes—
435,000
The
value.
$278,359
:29,988
ordinary
Extraord.
1990
$1,502,183
•
inc.—
income
1941
$24,178,313 $20,064,283 $17,064,714 $15,133,527
1,580,349
1,470,186 - 1,302,468
1,126,794
4,252,495
3,485,991
2,339,693
1,771,897
'
Maint. and
repair«__„_
1,194,900
1,127,915
838,667
871,821
Taxes, other than fnc,
.
par
.
Water
Rose's 5, 10 and 25-Cent Stores, Inc.—Sales—
138,299
5,037,500
282,940
61,418
"$137,875
;
General
Corp.—Earnings—
Month of January—
Sales;-:
198,882
Dr8.798
from
;;
$2;698,195
\
Mining
V2
Comparative
Net
$287,157
munlcation
;
•
$1,978,555
;
-
Total
ordinary
$5,888,694
profit
v".
"Earnings per. share^_^_^^^_-„,^_:^_;—■ ■*'
12,292,000
127,568
784,179
Ordinary inc.—non-com-
Gross
"
J-xv
1,960,425
stk,, outstdg.; '> 2,178,250
Earnings per share—$1.16
initial
the
on
Federal and State taxes—
Ry.
681
Operating income
■
stock; payable March 1 to holders of record
the first
206,016
1942—12 Mos.—1941
$286,476
revenues—i
inc..
communica.
1632.
7
Operating: expenses-^; 'J.
Power
purchased^.-~.LL:
3.903,331
Earnings for Four Months
Net
Other
128,, p.
pro-:
1942
6,808
356,380
$135,397
107,893
common
is
company on Aug.
Profit
RCA Communications, Inc.~-Eariiifigs—
Period End. Dec. 31—
3 2
Prov.
the
This
40,375
1694.
156, p.
of
amounts
Gross
41,504
'.
Rohr Aircraft
$30,259,872 $30,210,870
-
"Including temporary investments.
—V.
—
.—
Depreciation
Surplus
—
—
and other
136,725
541,888
202,190
138,299
5,402,519
324,250
.,——-—
——
of
41
'
$11,349,500 $11,349,500
—
—12,164,500
Consumers'
l, next,
$2,065,745
Rev. from power sales;
"Other revenue
171.
directors
15.
"On
tCapital stock
*
iShs.
Liabilities—
Bonds
of March
(The) Shawinigan Water <fc Power Co.—Annual Report
5.
Cr850
'V
income
oper.
The
$30,259,872 $30,210,870
—
—
Feb.
1942—12 Mos.—1941
Net
Total
record
$176,901
taxes^
per share on
20,701,012
7,041,973
84,785
Properties,
to
15
376.768
income
Feb.
373,427
and
Fem
the com¬
on
Rochester Transit Corp.—Initial Dividend—
$788,581
443,237
557,423
:
plant...
.
429,800
—a
movable
1942
$680,206
—
receivable
Accounts
recently declared
was
31
Assets—
Cash
for
since.—V.
'
Corp.—Earnings—
;;
rev.-.
revenues—_
oper.
Net
—V.
Sheet,
Ohio.—V,
(after
estimated
all charges)
Shattuck-Denn
:
stock
common
1957.
p.
„$552,819
revenues
Operating
tDeficit.
Balance
Toledo,
Earnings per B common share.
—V. 157, p. 558.
,
553,198
$1.13
—————.
for redemption-as
Earnings, Six Mouths''Ended. Dec,
profit
vision
the
against $2.70
the preferred
as
the
on
1942—Month—1941
Shares common outstdg.
(no
the
~
Net
'•
each
in
Operating expenses
$304,402
553,198
$1.04
surpl.
$25,
were
Period End. Dec. 31—
Net
and loss
Profit
cents per share
50
par
Uncollectible
V.
at
1942
share
per
Dec.
on
cents
Rochester Telephone
$627,704
553,198
common
to
due
6
Corp.-^Earnings—
;
■
quarter during 1942, while in 1941
following payments' were made:
Feb. 15 and May 15; 50 cents
each; July 1, $1; Aug. 15, 50 cents; Oct. 1, $1; Nov. 15, 50 cents, and
Deo. 22, $1.—V. 155, p. 698.
v
450,000
——
No.
made
bonds' due Sept. 1, 1943 (Nos. 185 to 225, incluinterest.
Payment will be made at the Toledo
the
158.000
450,000
revenue
Divs.
mon
506,973
taxes—
Contingent reserve
dividend of
Like
1,470,792
Depreciation
at 3(4
interest
be
has called
at par and
Co., trustee,
Serrick
has
paid during the year.—V.
were
Will
1
of
share
per
41/2^
$3,306,470
2,049,143
bonds-—.—
on
coupon
company
•siveV,
the year.
The asset coverage of
increased from $57.93 to $63.01, and of the
convertible bonds, from $3,840.75 to $4,019.35 per bond.
Dis-.
beginning
stock
dated Oct. 1, 1936; and
as of April 1, 1943,
that date; together with
called for redemption
1939
$4,064,375
,
fixed
income
;its first mortgage 6
equipment, received the Army-Navy "E"
19.—V. 157, p. 260,
Republic Investors Fund, Inc.—Asset Value—
A
——
accrued
of
Payment
3%.
—Sales
all
from
sources
Operating expenses
1940
and
par
The
Victory Fleet Flag
pennant,
Maritime
States
The
j
$97,500 of bonds of this company
1951, have been
$489,210
(The) Risdon Mfg. Co.—50-Cent Dividend—
1941
>.^1''
■>; "v.
April 1, 1943, payable in full
Mississippi Valley Trust Co.,
.trustee, 225 No. Broadway,. St. Louis, Mo.—V. 156, p. 2230.
;
:
;
"
1942
'totaly. $3,928,829.
(The) Scitz Theater Co, (Ohio)—Bonds Called—
llag on Dec.
Co.—Earnings
Years—
1,
payment
Like
Calendar
.
at
transferred
marine
tions of like amount were made on Dec.
Quebec Power
securities
,
the Victory Fleet Flag; and Maritime
;:merit badges for ail employees have been awarded to this corporation,
Charles J. Pannill, President, was notified on Feb. 15 in a telegram
from Admiral II. L. Vickery, U. S. N, (Retired), Commissioner of the
share has been declared on the capital
per
.
137,000
$117,833
net inc..
from
inc.
The
,
of
.
,
.
Awarded Maritime "M" Pennant &
$1, payable March T to holders of record Feb. 20.
Distribu¬
15, 1941, and on June 15, 1940.
par
,
.
.
United
stock,
dividend
A
$1.29
'•,••- u.K
U. S. Govt,
Scullin Steel Co.—Bonds Called—
.
.
earned surplus—
to
Quebec Gold Mining- Corp., Ltd.—Resumes Dividend—
stock,
!
' $1.12
;
pan^$3,000,000; earned surplus, $737,918; total, $3,928,829.—V. 157,
$1,274,729
"Loss.-
shares
•
'
at Dec. 31, 1842
as
Liabilities—Accounts payable, $11,940; .accrued taxes and ' expenses,
$34,650; provision for Federal income tax, $144,321; capital stock ($10
'4,656
—
income
Deducts,
payable March 15 to holders of record Feb. 26.
In
addition to .four regular quarterly payments Of 25 cents per share
made during 1942, the corporation last year paid the following extra
dividends:
Sept. 15, 75 cents, and Dec. 15, $1,25.—V. 156, p. 1957.
-
66,793
,r $378,916
480,000
$1.26
hand and in banks, $214,511;
and supplies, $35,275;
taxes
V:;
-
544
^
share on the
per
$0.81
100,360
receivable, $8,046; property, plant and equipment (less
depreciation of $394,229); $362,532; prepaid insurance,
for
reserve
V
;
$164,833
income.
income—
cbaiges
,
common
$445,709
'
; 300,000'
on
37,173
...
$458,869
$336,794 ' '$358,500
660,000 „:
480,000
$243,387
Balance Sheet
ous; accounts
*$99,899
">
.\><;■:•>
.137,848
.
:
Assets—Cash
11379,284
,,
144,321
,
-(including accrued interest), $1,558,319; customers' accounts 'receivable
(less reserve of $10,661), $148,643; inventories, $1,601,503; miscellane1-
*$234,758
;
tax
/>•';
*$99,899
171,688
'
inc.
1939 '
$408,535
$422,038
36,832
$474,642
Earnings per com; share
3,978
253
Extraordinary
$6,500,000 of
eliminated
be
v.
$387,708
tax
Net income
"'Dividends paid
982,416
"$238,736
inc.
Fed.
for
$411,937
62,705
'
$882,517
767,620
57,866
bef.
inc.
1940
.,1941
,
$329,842 ;
;
(net)
share
a
Net
would
$528,884
*$71,042
>■'
income
unchanged.
loans
Net
1942—12 Mos.—1941
"$71,042
income
Pro v.,
192.479
ordinary inc—
Deducts, fiom ordinary
%, five-year, bank loans in place of $8,000,009 of nine-year deben¬
The, plan to sell $52,000,000 of first mortgage bonds remains
bank
'
Other
; v
136,438
1942
'Incomq from operations
■.,1 •;
>
*$27,393
tures.
The
:
3.978
-
.
„
Gross
Net
refinancing plan has been modified to substitute
Years End. Dec. 31—
to
$65,396
69,441 r
—_
preferred will be
granted originally.
Scotten, Dillon Co.—Earnings— f'
,
decision
,
1942—Month—1941
inc..
munlcation
financing instead of short-term debentures.
Under the voting change the new common $tockisto ,receive five
"votes a
share
instead of
the one previously allotted.;;: The voting
of
communica.
260.
$38,070
Operating income
Ordinary inc.—non-com-
the
power
1
directors'
the
America—Earnings—
revenues—"$31,371
oper.
; Other
The company on Feb. 16 filed with the SEC amendments to its
plan of recapitalization and refinancing, makiiig changes in the voting
positions of the new stocks and providing for bank loans as a part
of
Net
and
645
p.
Total
Light Co.—Files Amendment
Sound Power &
157,
Total
:
Puget
said.—V.
Monday, February 22, 1943
company's certificate
.
announced
17
Radiomarine Corp. of
but not declared,'$1,866,786;
minority common stockholders^ interest in capital and surplus of sub¬
sidiary
company,
$950;
coimhoii stock (771,476 shares, no, par),,
$9,646,460; capital surplus, $191,726; earned surplus, $8,874,413; total,
$28,189,230.—V, 137, p. 645.
hands
:
Feb.
on
corporation
preferred stocks in
company
accordance. with the
in
amended,
on
May 1, next, $8,000,000 ,of its purchase money first mortgage
^convertible 5 Va *k bonds, due Nov, 1, 1954,
The bonds to be redeemed
will be, designated by lot and, the redemption price will be 102
the
contingency reserve under New York workmen's
$3,913,000;
stock
as
corporation
redeem
v'.;
for Federal taxes on
compensation law, $100,000; subsidiary
of public and dividends accrued
preferred
incorporation,,
Of
•
payable and accrued expenses, $1,641,856; re¬
income, $1,954,039; 5'k debentures due Jan.
Liabilities—Accounts
serve
'
CHRONICLE
THE COMMERCIAL & FINANCIAL
734
769,842
...
777,762
.
j;
pany
'
Operating
Other
,
is now engaged entirely in the manufacture of war
products for the aviation, shipbuilding, and other war industries. No
,
change in rnanagementjs,contempla|ed.
>1
■
■
$231,252.
The company
t
'
'V-'j.
■
i
''
.
Jf
•
■*
income
Gross
Income
Net
income
•
(net)
'income;;.
deductions
income
.
—
■——a—
———————————
■——J+4-—-a
$lj559,430
1,257
-
$1,309,043
8,455
$1,560,687
657,797
$1,317,498
$902,890
8650,832
666,666
fr
1
Volume
"Provision
mated
for'
the
on
Federal
1942
bgsis of
income
Gas
and
approximate
return-Hi
$G48,OOO.^V:
of
tax
Southern
Canada! Power Co.,
^
Period End. Jan. SI—1
Dross
83,375
'
*_*_
339,722
78,692
62,174
.
,V." 157j
258,592
116,540
Liabilities—Accounts
for
,
•
dividend
A
of
accumulations
Gas
Co.
Subs.)—Earnings—
(&
with
2,682,595
866,315
and amortization***
Taxes, other than income taxes-*-—Li—
for depreciation
■G
income
Net
before
Income
Net
Gross
income
*****
$4,242,548
$3,085,539
*-_***—
;
other deductions******:—
last
16,
and
year,
$9,701: provision
treasury, Dr$434,738;
The
of
58.01%,
1.89%:—V.
only
157,
directors
Eleven Months Ended
Nov.
36,
March
Consolidated net
-
;
'
;
Years Ended Dec.
Operating
excess
profits
1943
""
shares.—V.
1941
1942
Oper,, and
".
Gross
'9,884,224
i
$2,371,092
156,
Co.
general
Operating
,
Operating
851,020
oper.
9,969,582
352,981
10,895,577
4,424,794
169,220
1,226,493
1,441,219
67,605
835,711
761,382
83,333
83,333
1,000,000
1,000,000
$2,921,838
3,845,143
reserve
revs
$299,643
$205,205
$3,408,579
4,476
1,709
21,786
21,400
income ;-******
$304,119
$206,914
$3,430,365
$2,943,238
deductions***
142,999
143,458
1,744,397
1,720,579
$161,120
*..**—
$63,456
$1,685,968
$1,222,659
:*
—
157, p.
_*
375,678
375,678
$1,310,290
*
$846,981
174.
/.
.
1941-
$4,145,649 $17,713,013
1,315,733
Oper.
Nov 30'42
1942
$5,053,999
Federal
,
Other
$11,670,986
$2,672,643
Earnings—
1942-7M0nth—1941
$1,094,052
revs, ^j*—****
$12, 052,355
474,724
5,308,242
5, 036,810
69,817
1,140,120
1. 173,377
65,406
55,967
782,638
682,325
100,000
100,000
1,200,000
1,200,000
434,937
taxes
taxes
_„**—_
■_%*»**.,_■,
retire,
1942—12 Mos.- -1941
$997,952 $12,550,751
120,131
Oper. exps,
6,042,027
1,473,006
$3,738,266
Power & Light Co,
Period End. Dec. 31—
Year End.
reserve
appropriation
56,888
47,376
208,029
'.
Drll5,975
Dr131,250
Dr525,000
—**
$3,679,179
$2,588,769
$11,354,015
Net
448,072
418,750
1,782,752
Other
1,522,327
728,507
*******
3.838,928
income
:___*_i_
income
properties
(other
"Prov.
abandoned
of: prior
3 000
28.000
1,422,36517.626,965
'
$622,924
Amort,
oper,
281,478
1,300,653
******
Cr83,804
153,600
351,435
551
764
7.037
6.486
$373,027
$296,680
$3,951,357
$3,971,316
,**_*
income
1,708
1,228
$4,112,714
20,941
$374,735
revs
$297,908
$4,133,655
(net)***
Gross income
—Ji*^*
years'
limited-term
of
investments
—
19,959
1293,000
Int.,
etc.,
195,926
2,265,572
2,266,537
$101,982
192,546
deductions.
$i;868,083
$1,704,779
y
taxes
income—
194,669
for Fed.
normal
inc.
.
Net
$443,741
+60,000
$1,297,345
iL„**__.
*
$4,222,486
$140,000
in
the- succeeding
nine months.
.
1941, and
%v
•
share
production of crude oil during the quarter ending Nov. 30, 1941,
•Was 3,696,060 barrels, and in the quarter ending Nov. 30, 1942, 3,017,Net
of
157, p. 261.
the
Net
Inc.—10-Cent Dividend—
Co.,
have
common
declared
a quarterly dividend of
10 cents per
stock, par $1, and the usual quarterly dividend
cents per share on the
35
$1,40 convertible preferred stock, par $20,
March 15 to holders of record Feb. 26.
Payments on the
during 1942 were as
follows:
March
16,
20 cents:
both payable
production of crude oil during November, 1942, aver¬
aged 33,450 barrels daily; this was increased to an average of approxi¬
mately 37,200 barrels daily in December, 1942, as the result of addi¬
tions
in
the
allowable
production from certain California fields.—
807 barrels.
directors
on
865.050
$839,729
174.
p.
Roofing
The
865,050
$1,003,033
_*„**.
157,
Tilo
Aug. 31, 1942, to $60,000 In the three months ended Nov. 30,
$182,189
_
applic. to pfd. stocks for the period
-V.
provision for Federal excess profits tax is required.-....
reallocation of the $200,000 provided in the fiscal year ended
tAfter
3,147,709
2,623,385 I
$1,007,034
profit
"No
$4,314,307
$3,907,898
343,934 k
income
Divs.
and
tax
—**—_*_**!—_'*_***,**
•
Net
3,571,833
4.411.128
192.134
$306,426
*■_**_*■*
income i*—
Balance
$8,319,026 »' $7,886,145
$635,875
316.498
than
surtax
-■.
$22,992,333
47,500
15,058.693
$2,061,240 $25,973,991
2.000
1.643,240
.***
***.
—V.
1942—-12 Mos,—1941
$878,344
applic. to pfd. stk. for the period****—
—V.
1942—12 Mos,—1941
$2,268,164
*„
rev,*
expenses
Net oper.
■Net- income'
share
per
(net)****
Balance
(net)A-*-4
$3,087,289
$2,091,345
*Li*
1942—Month—1941
Net oper; jevenues*
Operating taxes
;
cents
Co.—Earnings-
396,850
*.
income
ProV. for depiction and deprec—*_
Intangible development expenditures
of
undeveloped
leases,
and
$3 ,938,310
England Telephone Co.—Earnings—
New
revenues
Uncollectible
35
,
Period End. Dec. 31—
Operating
15,
78,861
retire,
etc;,
Divs.
$6.66
profit
Adjustment
2046.
Southern
t
of
$100, payable March 15
1942 were as follows;
35 cents each, and Dec. 15, $1.10.—
966.
p.
expenses™—i
interest
Debenture
v
:
2231.
p.
75,098
income
Net
Calif.—Earnings—
of
t.-
Miscellaneous
$2,718,354
,627,008
%_********„iL***-"
p.
156,
pur
$933,785
expenses*.**,
oper.
Int.,
•Rents
156,
reacquired
275,018
income
Net'' income
stock
during
1942—Month—1941
revenues-
Property
$3 ,663,292
347,261
Interest and other deductions—-—.
—V.
Sept.
taxes
Other
$12,255,316 $10 ,498,523
Total
■
Oil
Period—.
*_A**-™_****.:~-.*;
income
dividend
a
Payments
taxes '*1
Net
net
$1,253,680
*
3 Mos. End. Nov. 30
6 ,835,230
Net earnings
Other
$1,«
$7,146,305;
v
A——
Share
per
188,128
—L
_
Net* producllqn and other oper. rev,
Earnings of Company Only
31—•
"
.r^"
2***_i—**^—-*i—_Operating expenses and taxes*A_-'_2A%-**:-
pro¬
notes,
1958.
p,
appropriation
—:.*—*—_•*3,682,155
taxes
1
Superior
<.
V$2.34
v:
revenue
and
15
27.
Texas Electric Service
$4,935,835
profit
"On
:
$3 ,304,931
$1.68
share**
"Preliminary statement.
Feb.
period End. Dec. 31-
.;.
taxes—-:
and
"Earnings
937,617
758,534
_-**d.-**-,'.'$2,367,005
income
common
per
record
June
14,
156,
Texas
Earnings
Treasury
shares),
,
Co.—Earnings—
Tool
declared
16
of
Gross
Machine
Feb.
on
cumulative first preferred stock,
$50,944
350.
p.
S.
par
$14,321,059.—V.
the 7%
Decrease
furniture
While
total,
holders
Property
1942
$387,130
1943
$336,186
decreased
$5,550,093;
to
Inc.—January Sales-
sales
surplus,
earned
U.
no
on
Federal
—*
net
$603,420;
$1,172,474;
expenses.
(less
(437,816
Dividend
March 25
on
taxes
stock
Telephone Bond & Share Co.—35-Cent Preferred Div.
261.
p.
decrease
a
in
held
State
capital
155,901
income
Interest and
.and
Operating
Earnings for
$4,086,647
201,140
paid-in surplus,
payable and accrued
and
$283,006;
and
March
on
appliance
reflect
Federal
for
204.800),
.Operating
*.*:
4,000
$2,884,399
Net; earnings
paid
Sundstrand
546,400
5,075
vision
em¬
share has been declared on account of
per
January—
sales
•sales
51,300
■
to
participating convertible preferred stock, no pal20 to holders of record Feb. 20.
This compares
1941.—y. 157,
Electrical
Profit
Other
cents
the
March
753,636
1,491,075
profits- tax**—**-:'i^_*^_^-~**---
15,
62V2
on
cents
Month of
1,342,110
■.
94,084
State iticome taxes-*-y-'i;*'---i_>%v
excess
advances
payable and accrued liabilities,
Sterchi Bros. Stores,
270,908
357,376,
Liabilities—Accounts
inven¬
$400,550;
series C,
Other
Operating revenue ::-*__**-___
—%_:**1%.?_* $13,738,254 $11,737,919
3,088,599
Natural gas purchased—J—.'—
3,288,569
1,662,290
2,114,874
Operation
„*i_*.i*L*'*-.:*-***:;~
Cr67,970
Cr«ti,110
General expenses charged to construction.—
Maintenance
31%
Oct.
1941
"1942
Years Ended Dec. 31— '
Federal
$292,240;
$10,200;
V.
$44,660
$5,471
$12,166
$1,181
•
Southern Natural
Provision
notes,
companies,
par
value, payable
.
$40,621),
Treasury tax
735
(including treasury stock), $2,330,372; total, $3,310,578.—V. 156, p. 2230.
559.-
p.
of
discounts
S.
Federal, State and city taxes, etc., $970,504; capital stock (100,000
shares), $2,000,000; earned surplus, $136,512; capital surplus
no
237,435
467,659
467,617
and
U,
insurance
policies assigned to the company,
$3,200; land, buildings, machinery, equipment, etc. (less allowances for
depreciation of $1,087,165). $903,043; prepaid insurance, $15,081; post¬
war refund of excess profits tax, $78,800; total, $3,310,578.
l'
■
mutual
ployees against group life insurance
an
■
With
Standard Pairing & Materials, Ltd.—Accrued
rClri.
-
Surplus
59,603
116,337
„
Int., depr, and divs.**
$400,000
$1,084,204
334,450
'
1
Taxes
accounts
tories,. $853,717;
deposits
1943—4 Mos.—1942
$1,071,402
$267,301
$263,067
*U'
for. uncollectible
esti¬
is
Ltd.— Earnings—' '
1943—Moftth-^1942
L*
maint._*_%*
earnings
Oper," and
profits *tax
excess
preliminary' estimate- indicates
156; p. 2310.:
•'
' V" -
single Company
a
and
tax returns with other
Electric- System.,
On the basis
Federal
consolidated
companies 'in 1 the' Associated
of
•THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4153
157
stock
common
and
15
June
Sept.
15,
cents each,
15
and Dec.
15,
cents.—V.
10
156,
1783.
p.
.
Southern
Ry.- -Earnings—
Period—
'y1942
1943
;Gross
V,
earnings
157,
P:
-
r-y-,-.
V.
157, p. 646.
Twentieth Century-Fox Film Corp.—Dividends—
Co.—Earnings-
Sutherland Paper
share
1940
1941
1942
calendar Years--
645*,:
1939
Cost
T942-^Month-^-1941
Period End. Dec. 31—" -
■
Co.—Earnings—
Telephone
Associated
Southwestern
1942—12 Mosk-~194t*
-
of
Uncollectible
Operating
;
oper,
rev.
expenses
$159,581
600
95,021
$174,327'
600
91,942
-
***
$1,864,035
7,200
1,171,915
-
Net oi>er. revenues**.
$81,785
$63,960
$684,920
42,662
Cr2,418
279,346
inc.
Federal
taxes
Net
Net
—v.
!
$39,123
operating income
15.7, p.' 173,
Southwestern
V ;
,Operating
Net
".Net
;
10,610,319
; "27,388
7,272,029
fev.t
expenses*—*
oper.
$1,574,407
$1,128,045
$866,327
"756,352
*314,118
•-
1,599,301.
"
24,370,412
1,799,449
■:
1,670,4201
1,448,177
14,426,988
*
Standard Gas & Electric
,
r
$2.52
as
.totaled 175,696,000 kwh.; as compared witir 163,304,000
corresponding week last year, an increase of 7.6%.—V.
1941,
for
Stroock & Co., Inc.—Earnings—
1942
surrender
cash
taxes-
value
Gross profit on
and
sales, before deprec.
taxes
i-U "
$1,460,890%
48,778
41,439
•
,
:***_**_*-.
Depreciation
*
-
Property and social security taxes**
;■<
-
$889.687
-.•
60,011
36.969
-
$743,257
64,046
proiit
Gross
Selling
Social
on
$645,471
114,771
2,201
19,151
taxes
security
$792,707
133,873
2,252
31.329
11,395
.
State franchise and N. Y. City taxes
and
Admin,
Net
from
profit
Other
134,816
general expenses
income
122,785
81,935
$1,099,733
$502,467
$435,168
19,144
operations*
30,271
G.
on
Feb.
declared
15
the
Total
$1,118,877
on
$532,737
20.369
General
President
Hanks,
157,-p. 646.
of
Manager
equipment
Fed.
*
American
the
-
446
— -—
capital stock tax****
Federal income tax**
tax
$270,713
15 000
100.800
39.400
180,000
66,000
$278,069
253,000
for
Provision
Federal excess
for
profits
•
income
.Dividends
Shares
of
Balance
-
Assets—Cash
tificates
in
banks
of indebtedness,
and
Sheet, Dec. 3J,
on
hand,
$100,109;
$3.06
$100,000 TJ.
S.
cer¬
receivable (less allowance
Bank
$2,479,174
584,606
the
Louis,
its
Mo.,
of
Co.
for
sale
of
at
the
after
years
the
from
promis¬
interest
bearing
three
promissory note,
said
together with
205,965
"1,075,000
*540,000
In
$1,148,603
$1,340,284
412,702
417,238
420,780
that
563,947
526,062
$2.75
$2.72
$3.15
$710,000 liess post-war refund of $71,000)
and
$81,000
in
1940 for excess
Balance
in banks and
(less
prepaid
on
Dec.
Dec.
31,
1,
will
be
Pacific
1943,
their
voting trust
William St., New
in
carried
Coast
the
mail
Main liners
director of
Graddick,
P.
pits
of
riuring
the company's
the
flies—and
in
daily
United
is
of
States
and
Canada.
of the nation's domestic air
mail, Mr. Graddick said.
He
pounds of mail is being carried on
carrying
30%
the nation's air
of
average
the
today is averaging 40,000 letters
the company currently is oper¬
passenger-mail-express service
providing
1,100
company's
giving
2,700-mile route between New York,
the heaviest density of air mail of
it
corporation
"
has
.
gains even over the
January, United's
'.■•./■r''
A;;,the
entered
year
new
with
passenger-mail-
in 1942, accord¬
by Harold Crary, Vice-
record marks established
revenue
on
Feb.
10
a
miles totaled approximately
passenger
gain of
Air
ago.
express
flown in January, 1942.
that essential civilian and
United's system continue to
;/
_
Crary said
along
(Del.)—Report to Stockholders—George
President, states:
United Corp.
As
cer¬
and
$14,321,059.
Dec
for
31,
taxes).
the corporation had no debts
Cash in banks as of the same date
1942.
$4,611,900.
receivable
supplies,
$2,-
accounts
and deferred charges, $57,621; investments
and advances. $552,071; land, buildings, machinery and equipment (less
reserve for depreciation of $4,860,977(,* $5,040,283; rights, patents and
of
accrual
$200,000; customers' accounts
total,
1
in the world.
H. Howard,
1012
'■■■;.
^
.
*
(other than
amounted to
*•>
v.
of Dividends by Corporation—A dividend of $3 per share
-cumulative preference stock, on account of arrears, was
declared on May 27, 1942, and paid on June Id, 1942.
Arreais at
the
time
of payment of this dividend were thereby reduced from
Payment
on
expenses
(less amortization), $2,301,551;
C.
it
which
over
in 1942, $414,000
hand, $2,132,726; U. S. Treasury
$1,848,920; miscellaneous
$157,168;
merchandise,
materials
reservei,
Mar.
holders of
this cor-
trustees.
and
and California,
year
profits tax.
Sheet,
on
of
military war-time tiaffic
be the major factor in
month-by-month gains.
He added that the January figures do not
take into account the extensive operations being carried on by United
under direct contract for the Government, but apply ouly to United s
regularly scheduled passenger-mail-express flights.—V. lo7, p. 647.
530,776
$2.41
stock
surrender
Trust Co., 22
letters
33%/
all
trip
passing
425.077
516,075
share
entitled,
per
are
capital
for
coast-to-coast
miles
in
735,957,612
stk.
*
they
16% over the 17,450,164 of the same month
pound miles totaled 608,426,000 for a gain
of 13% over the 539,351,841 of the year before, and air mail pound
miles reached a total of
1,452,107,000 for a gain of 97% over the
a
367,000
$1,150,651
•
cents
50
promptly
to
estimated figures released
President in charge of traffic.
201,104
"1,279,000
of
the voting
to
ing
542,709
206,981
Corp.—Notice to Holders
which
to
reported that United
mile
20,242,900 for
_
share
340,000,000
currently
route
any
$2,451,098
_*;.___
reserve),
processes
St.
$200,000
demand
proceeds
Farmers
for
estimated by
and
express
$998,211
cap.
Assets—Cash
(less
Electric
Union
department.
cities
35
Chicago
Subs.)—Earnings-
(&
$3,063,095
630,463
609,245
"•
**.:
per
receivable
to
in
of
on
certificates
Sewall,
56,000
added
1939
tificates of indebtedness due
000,"719;
194li.
$653,637;
accounts
85.000
from
dividend
trust
New Records—
1940
Consolidated
Net
company,
1941
stock -dividends
1941,
and
the
agent
Graddick
every
capital
:*_
shs.
"Includes
in
Bank
the
capital stock
City
Lines*
every
United
State
&
and
tax
Earnings
sell
Lines Transport
of
as
ating
.
$260,253
paid
202,000
248,200
capital stock )no par)—
80,800
81 500
Earnings per share
$2.38
$3.41
"After post-wai refund of excess profits, tax of $78,800.
Capital
permitting the proposal of Iowa
and
amount
use
to
was
cargo
Mr.
Mr.
120,000
"709,200
for
parent
206,668
Fed,
taxes
outstanding
5,500
Prov.
.
the
Corp.
processes
no.
stock
receive
than
it
over
&
that
Co.,
announced on
$3,093,125
*___**—_
Aver.
5.6S9
,
9.200
Frov.
air
Frog
1942
earnings
of plant & equip.
Net income
and
...
of
"
-
Depr.
14,049
sales & interest expense
Loss on sales of securities
Loss on disposal of machinery
1943,
$466,248
23,164
income
order
payable
to
Sumner
Y„
Aix*
United
Usual
Amort, of rights, patents
for
disbursed.—
its presently outstanding common stock,
National
(c)
voting
and
express
Calendar Years—
inc,
dividend
cents was
50
Air Mail Business Estimated—
-
Detmer,
a
R.
stock
Discount
to
shares
N.
The
Prov,
common
previous
Missouri—Acquisition—
an
issue
annum
and
Air
certificates
Hamilton, Ohio,, has been elected Vice-President of
subsidiary of the Taylor-Wharton
Iron & Steel
Co.,
9.—V.
and
to
principal
per
common
to
31,680
********
******
Ripley
York,
Taylor-Wharton Iron & Steel Co.—Official of Subsid¬
Net
The
quarterly of
follows:
poraion, issued under voting trust agreement dated July 23, 1934, are
urged by the voting trustees, Martin C. Ansorge, Joseph P.
33,741
$1,370,673
114,794
2,178
sales**.
expenses
of
as
share,
the
2%
order
the
More
Sylvania Industrial
'
holders
to
were
strongly
payable,
directors
George
$1.
21,
a
of
Co.
<a)
the. First
to
in
of
outstanding
quarterly dividend of
shares of common stock,
par $10, payable March 15' to holders Of record Feb. 27.
An extra of
five cents and a quarterly of 30 cents were paid on Dec. 15, last.—
v.: 156, p.1871. ;v-v'
Feb.
Dec.
when
stock
common
Voting Trust Certificates— ^v;.:
In
cents per share on the outstanding 287,000
company,
the
on
issued
10
Co.
thereof,
and
of
.
Switch
Feb.
per
United
of
Regular Dividend—
Ralph
1940
1941
31
per
the usual
funds, to redeem its presently outstanding bonds in the aggre¬
gate principal amount of $700,000.—V. 157, p. 647; V. 156, p. 2047.
kwh. for the
-
%
cents
convertible
other
•' ."•*
'
Years End. Dec. 31—
and
1939,
Electric
on
additional
payable, $380,926; Federal income and excess
$933,663; other accrued liabilities,
$193,588;
serial debentures, $450,000; common capital stock ($10 par), $2,870,000;
earned surplus, $3,359,463; capital surplus, $284,025; total, $8,471,664.-
157, p. 559.
30,
$45
rate
date
Liabilities—Accounts
The
cents,
25
note
the
life insurance, $116,276; post-war
refund of excess profits tax, $18,989; real estate, plant, and equipment
(less
reserves
for
depreciation, $4,212,379), $4,588,025; patents,
$1;
deferred charges, $70,463; total, $8,471,664.
<
30
March
payable
25
and
$1.50
47.
deliver
and
sory
(after deducting post-war refund of $18,989) in
and $50,483 in 1940 excess profits tax.
%
depreciation
amounted to $306,294 in
1942,
iary Promoted—
(S.)
.,
1942
the owner of all
at
the
on
1941, $244,785 in 1940, and $242,221 in 1939.
$2,263,757;
Co.—Weekly Output—
compared with 158.993,000 kwh.- for the
corresponding week last year, an increase of 11.0%. :
Electric output of the
public- utility operating companies in the
Standard Gas.& Electric COi system, for the weex-ended Feb. 6, 1943,
kwh„
$350,090
$2.83
in
both
value,
par
no
of
value,
par
no
share
per
8,793 additional shares of its no par value
common stock having a stated value of $45 per share, and < b) to issue
notes and trade acecptances (including notes
maturing after Dec. 31, 1943, $12,500), $30,643; accounts receivable
-(less reserve for-doubtful receivables of $20,217), $674,459; inventories,
^
output of the public utility operating companies in the
Standard Gas & Electric Co. system for the week ended Feb., 13. 1.943,
176,505,000
cash
Assets—Cash, $709,050;
16,105,911
Electric
'totaled
$469,527;
$2.85
$1,070,903
cents
dividend
cash
a
stock,
common
15.
Electric
Missouri,
287,000
$390,928
declared
11
37 \k
during
June
SEC
Union
$723,190
.-373,100
287.000
profits
above.—V. 155, p. 160.
344,400
,
287,000
Note—Provision
31,
on
157, p.
Union
stk. out-
cap,
$270,84T in
Sprague' & Son Co., Boston—Makes Offer to
.Common Stockholders of New River Co.—See that com¬
pany
358,750
>.Balance Sheet, Dec, 31, 1042
39,617,378
19,984/179
19,633,199
18,333,543
j
$813,927
$818,055
358,750
.
*-*.
$459,305
of
•Includes
:
261.
paid':
$379,168
;
(C. II.)
'
.
was
V.
The
; standing ($10 paf)_%_'287,000
Earnings per Share*:,** % •
$2.57
:1942,
6,375,2i7- "76,920,8766)8,054,948
1,539,978
•
income
p.
$737,918
profit
Shares
-
1942—12 MOS.—1941
3,269,721. 42,703,955
t
1.511,453
oper.■■•■■income**^*
.;--,***:
of
143,137
charges
•
.
y • $
9,678,517 120,046,014 108,074,456
421.183 V, 402.130
33,579
:
3,310,902
revs.*****-
taxes
—v.. 157,
$
-■ -
revenues***-*
Operating
Net
1942—Month—1941
■'
•
Operating
Uncollectible oper.
-
115,974
$2,171,175
Balance
Period End. Doc. 31—
;
.•
taxes
.Dividends
$471,409
$405,574
$66,378
Bell Telephone Co.— •Earnings—.
!'
"
less
236,834
iOperating
•
$750,352
Dr25,420
stock,
March
Payments
March
Other
$708,243
t**.**!
$1,598,624
Dr24,217
$1,153,464
Drl8,083
preferred
record
11.210,869
'
$1,780,667
•
5,900
1,066,524
Feb.
on
outstanding
dividend
7,739,967
&
_*_*_
-
.'**•
Operating' revenues
the
on
quarterly
$8,490,320
9.162,456
"1,415.174
selling
expense
11,244,248
$13,382,044
*,.^L**„—*'—_
Sales,
admin,
$12,842,872 $10,315,920
$2,153,092
sales
Net
:
directors
The
1942
1943
'
$3,811,202 :$32,539,414 $21,030,300
$6,065,752
.*
:
-—Jan. 1 to Feb. 7—
—Week End. Feb. 7—
/
■
the
$3.75
to
S3
75
cents
per
share,
A dividend
of $1 per share on the
i
stock,
preference
1943, and paid
the
payment
per
of
account
on
share.
The
declared
was
arrears,
.....
Value
market
indicated
value
/'
,
Stated
:
Corporations in Portfolio-^the investments in stocks of corpora¬
of
the
basis, was $92,731,320.
same
,
.
,
of
Stock—At
Value of Preference
Stated
of
held
this, surplus
earned
in-
below
surplus
shall
purchase of
common
of
ment
dividends
permission
the
by
granted
dated March 20,
the
on
audit
to
annual
SEC,
Gross
as
•:
of
Public
the
Act.
Company
Holding
Utility
:
Act.
Current
expenses.,
Loss
on
inc.
Fed.
,
...
i-'v'
invest.:
of
sale
16,080
Net
income
•
;•
—
——
■
-
Other
'
—
■
•23,356
$3,236,511
$1,139,959
$163,234
571,000
25,659
Statement
350,000
200,000
contingen.
■
>'
■
.
.
\
'<
'
'
-
$564,511
,127,500
91,814
'
'■
,
Surplus
'
Net
Sheet
at
as
•
trade (less reserve),
cash surrender value,
income
accrued
(no
$35,897;
and
wages
on
declared
have
Balance
'
stock———
at Dec. 31,
1942——
cum.
-
dividend
a
with
cents
30
quent to June 30, 1938. (Of
share to $5 per share.
of
35
cents
share on
record
per
Assets—'
*•
Old
at
Colony Trust Co.. trustee,
March
on
receive
10
Milk St.,
45
sale
for the
bids
Mass., will
Boston.
it of
to
general and
will
cease.
Service
Public
,/
■■.
.
Island
Rhode
The
105 and
not exceeding
prices
'-thereon
has
Co.
with the trustee
deposited
$213,905 for investment in the above-mentioned bonds,—V. 155, p. 1223.
electric
ended
Feb.
output
13,
for
amounted
1943,
15,709,897
kwh.,
V.
647.
157,
p.
13.4%
or
UGI
the
;
;■
■■
———
preference stock.
Elmer
the
'*>•■
over
I'..-;-'-
company's San
Francisco warehouse 39 years ago. has been appointed general manager
of the company's footwear division.
At the time of his promotion Mr;
White was assistant general manager.—V. 157, p. 648.
H., White,
who
boy in thq
stock
started as a
Kessler
Ben
stockholders
Stockholders
and
23*
99,900
4,000.000
of
America Treas. notes,
tax ser.
————
Long, 120 Broadway, New York, announce
plans for the formation of a protective
be formed at the request of holders of a
the
common
stock.
Since
early
1941, Mr.
amount
he
states,
of
has
been
stockholders
representing
informally
in
with the management of the company with a view toward
bringing about a merger of Universal Pictures Co., Inc., and Universal
Corp.
In view of recent statements of the management and of plans
the merger now under way, stockholders have requested he proceed
the formation of a formal committee.
Maxwell Davidson, Jr.,
Louis
and
W.
Vyner
of
York
New
retained
been
have
as
counsel.—
and
to
au*—-
76,374
$1,241,333
$150,821
'
.
,,
Vadsco
Charles
U
York
Sales Corp.—New Directors—
Plohn,
Stock
Childs
of
as
allowed
the
$50
to
value
account
under
Dec,
share,
27,
Federal
for
Dec.
entitled
a
income
use
as
"goodwill
tax
of
copyrights
$1.
_
^
■
partner
a
Newborg
of
-
'
-
and
Consolidated
Sheet
Balance
Dec. 26, '42
Dec. 27,'41
hand-———;„
$3,380,121
$2,643,090
Treasury certificates of indebtedness
300.101
S,
banks
•U. S. War
and
on
Savings bonds——
34,556
tAccounts receivable
1,023,759
Inventories
Cash
in
51;
closed
Investments
banks-.,-
■_
Land
and
—-——§127,215,651
of
25
$2.50,
par
156,
p.
2232.
was
cents
per
Tool
Co.—25-Cent Dividend—
payable
share has been
March
20
to
holders
Preferred and Common Stocks—
———_— —
:
-
(Represented
■
by 2.488.712 no par
1942 and $50
in 1941.
2,077
121,115
81,142
11,301,189
—
13,839,438
-
1,009,229
308,700
buildings not in use-._^-_-r„—
to future operations-——
V.
317,332
366,222
1
7,595.000
'
$18,886,470 $28,443,463
Liabilities—
v
.[■
Accounts payable —i,—i__x..——2..—
taxes.
Miscell.
accrued
Employees'
Dividend
I—
_•
for
U.
142,847
52,441
stock
306,970
B
::'
k'
stock—
Capital
stock—
surplus
100
100
3,719,442
374,693
V 7,450
1,380,996
—
'
•
1"'
;
^
-
——
82,97,5
82,975
,
common
a
; ;;
meeting of the directors, held on Feb. 18. the results of opera¬
the year 1942 were considered and the board declared that
Interest
the
general
earned and
on
$4,50
,
earned
and
and
stock,
the
the
on
authorized
declared
March
4V2 '■'(
of
payment
an
31,
initial
1943.
stock,
preferred
$4.50
dividend
stock, both payable
common
on
covering
general mortgage 4% income bonds, series A, and
4 ViK
income bonds,
series B, had been duly
1, 1943.
meeting the board determined that the full dividend of
share
per
standing
the
mortgage
authorized payment thereof in full, on April
.At the same
_——
15,223,604
—
shares at stated value of $5 per
..
..
23,500
25,580.800
12,790,400
——i,—
surplus
Total—.
17,519
48,873
purch.
bond
Miscellaneous .reserves••Class'A
236,153
——
War
preferred stock————
^Preferred
123,000
239,064
<
S.
125,173
108,444
1
liabilities—----
savings
on
$865,793
$1,020,222
Salesmen's deposits
—i'/
SEstimated Federal income tax--—_
•On
hand
for
employees'
$18,866,470
-
1942 and $32,520 in
in
1942
;series
in
and
fLess
$18,361,682
C-1945,
the
1941,
$28,443,463;
tLe3s reserve of $30,411 in
for depreciation of $18,613,535
§Less
fOutstanding.
255,800
;t.(Outstanding 500,000
reserve
1941.
in
$700,000,
treasury),
subscriptions.
shares.
U.
S;
(after
Treasury
tax
notes,
200
no
shares
par
deducting
**Outstanding 83.000
shares,
shares.—V. 156, p. 2232.
110 par
\r, Warner Bros. Pictures, Inc.—Accumulated Dividend—
directors
of
The
payable
declared
dividend
a
the
on
March
of
9614
per share
preferred stock,
cents
cumulative
$3.85
holders
to
1
of
record
Feb.
19.
on
no
like
A
has been
paid each quarter since and including March 1, 1941.
payment,
also
96'4 cents per share,
was
made on
previous
March
have
accumulations
value,
1.
Arrearages
at
as
Dec.
2,
amounted
1942,
157, p. 48.
to
$33.6834
■
per
.
Western
Assets
Reserve
the
of
Investing Co.—Report—
An
initial
on
per
of
$1
par
share
per
April 23,
distribution
$100, had been
on the preferred
share
on
the
out¬
to holders of
$4.50 per share,
1943,
of
the
period from Jan. 1,; 1941, to Dec. 31, 1941, was
preferred stock on July l, last year.—V. 157, p. 560, 175.
Ward
with
Baking Co.
of
which
notes
(&
aggregate of all direct
$926,288
liabilities
made
the
in
$842,847,
will
be
Subs.)—Annual Report—
taxes last year was $1,585,497,
sale
company
$1,331,906
of
and
securities
which
sheet
allowance
$3,000
shows
to
down
were
of
as
before.
year
reduction
a
of
income
for
$30,000
1940, 'the
over
used
toward
report
states.
lost
tax;
/
•
debentures
5J/2?r
at
Wood Newspaper Machinery Corp.—Accrued Dividend
A
dividend
of
$1.75
accumulations
on
value,
March
payable
was
disbursed
are
per
the
share
has
cumulative
$7
1
to holders
of
been
prior
declared
Feb.
sales
yolume
of
by increased sales pn
stock,
A
delivery routes in closer proximity
no
like
par
amount
Dec, 1, last, compared with $2 on Oct. 6, 1942.
on
York
Corporation—Earnings-
Completed
Partly
sales
1942
$2,031,512
4,499,489
contracts
1941
$2,159,123
;
—
completed
Total
Net
These
first distributions on this issue since 1931.
Arrearages as at
1, 1942, were said to amount to $75 per share.—V. 156, p. 1872.
sales
profit
taxes
partly
Orders
1
before
income
(including
completed
booked
—
and
excess
proportionate
1,980.935
$6,658,612
$4,012,447
profits
profit
on
contractsi
during
quarter
not
included
factor
business,
result
18.
of
account
on
preference
record
the
Dec.
•Uncompleted orders
was the complete liquidation of the house-to-house
and the other was the large volume of business lost
curtailing delivery truck mileage.
"The company dis¬
continued a very considerable volume of long distance deliveries and
sales, but fortunately was able not only to .replace but tq.exceed .this
One
retail
a
in
year-end.
This 15-year-old issue,
which is due Feb. 1, 1944, totaled originally $3,000,000.
Outstanding
shares of 6 (ic cumulative preferred stock were reduced during the vear
from 9,841 to 8,682 shares.—V. 153, p. 114.
$270,000
compared
1941 fiscal year,
Against Federal income tax
the company holds $700,000 of tax savings
liquidating the liability.
Despite two adverse sales factors last year, consolidated sales rose
to $43,898,514, a gain of 19.5 c/c over 1941, and an increase of 31.5^
as
:
Dec. 31 totaled $1,384,142, compared
Company reports net profit of $73,061.
exclusive of security transactions and $59,934 after loss of $10,126 on
with
for
tion
350,000
$92,731,320.
chare in
1,948.889
1,277
Deferred charges
Intangible assets
share.—V.
Wabash RR.—Interest Authorized—To Pay Dividends
;
The
——
898,374
2,098,318
y
———
^Property and plant.,
Balance
iu*5, /^x
157,243,623 160,928,659
•Total
investments of the corporation had an indicated market
value at Dec. 31, 1942, of $65,139,623 based upon last quotations at
close of business on Dec. 31. 1942. on the New York Stock Exchange
and the New York Curb Exchange as compared with the amount of
$148 181,823 shown above.
The net unrealized depreciation at Dec.
31
1942
based upon market quotations was $83,042,200.
The net
unrealized depreciation at Dec. 31. 1941. computed on the same basis
Total
and reduced
in
amount
declared on the common
of record March 10.
Payments during 1942 were as follows; March 20, June 20 and Sept. 21,
25 cents each; and Dec. 21, 55 cents,—V. 156, p. 2232.
' '
stock,
163 721
12,443,561 124,435,608
stock
-
by the directors,
trade marks" was
:
Assets—
par
Co., members of the New
formerly a director of the
&
Exchange, and David F. Kemp,
have been elected directors.—V.
Co.,
dividend
A
-
157,243,623 160,928,659
reserve
a
determined
Quarters Ended Dec. 31—
surplus
purposes,
set up to reduce said assets
was
1941
27,
caption entitled "intangible assets"
new
value
nominal
of
as
plan approved by the
value of the preferred stock
the property and plant
1941 to cost less depreciation
par
per
^
on
CaStal
"$46,745
recapitalization
a
1942,
29,
$100
restated
rates
fair
the
a
The
157, p. 647.
record
preferred
their
restated
to
conferences
At
F
C—
America savings bonds, defense ser.
Cumulative
from
was
at
Harry
.
notes of tax ser. B-1943
of
S.
t$3
*$46,745
ex¬
properties
with
Sept.
on
account
Earned
committee
substantial
stock from $50
4,611,900
350.000
■«
Total
$227,195
44,660
they have under consideration
2,786,146
(Subse¬
.
*9^2 7
S.
U.
,227,975
»/' $1,241,333
deducting
accordance
reduced
was
ttClass
Universal Pictures Co., Inc.—Protective
on
Sheet, Dec. 31
r——r---
S. of America Treas.
Note—In
stockholders
for
States Rubber Co.—New General Manager—
United
;
the
U.
229
1,248,445
123,000
w__„
Accrued
tEarned
-Surplus
15,223,604 111,992,048
C&sli in
U.
1,108
1,065,448
826,000
Total
the week
132,769.150 kwh., an increase of
corresponding period last year.—
companies
system
to
.//v;:,-.
Van Norman Machine
r
Investments
banks-
:
non-oper.
income
52,500
12,628
•
•Loss.
Co.—Weekly Output—
United Gas Improvement
10.252,243
7,466,097
$3 cumulative preference
-
13,500
22,237
Cash
and series B
interest for the series A bonds
and not exceeding 101
and interest for the series B bonds.
Bonds
accepted should be presented to the trustee on March 15, when interest
per
Balance
"
per
Electric Rys. Co.—Tenders—
noon
4%,
v.r-—
reduction of stated value of
•Arising from
10,000
013,500
land
———
.
■
pfd.
$3
of
items
sale of
on
Net
to
stock, no par value, payable March 24 to holders of
compares
163,318
$1,278,628
trucks-—
reval.
before
traordinary
Loss
accrued
refunding mortgage bonds, due Jan. 1. 1951, series A,
6,699,098
1942——
for
for
invest., etc
income
Net
,
account
111,992,048
leased
on
prov.
buildings (not in use)-—
banks,
'.-.V
.
ex¬
This
252,500
$1,635,876
(trade),
payable
taxes,
313,434
u_.
■
_____
Miscellaneous deductions
1942
31,
Dec.
accounts receivable,
life insurance,
$1,953,097:
security
directors
The
V.
$
628,075
$1,115,310
$3,141,519
—
for loss
share paid each quarter
March 24, 1942, to and including Dec. 24, 1942.—V. 155, p. 2016.
until
$8,482,675
------
745,519':
$2,828,085" $1,383,376
_
Estimated Federal income tax—__
other
social
operations—.
Depreciation
$48,381; reserve for contingencies, $650,000; capital stock
$2,166,972; total, $5,467,408.-
common
for
$
$
9,705,807
786,414 : '
expenses,ui^—,;/
U.
1941, but
15,223,604 111,992,048
of surplus at Dec.
Total
Divs.
-
15,223,604
31, 1941
(Reduction of stated value— — —
Balance
10,272,875
Prov. for losses on deposits in closed
77,633
,
taxes paid in prior
V
Balance
$699,791;
$207,219
$137,575
and processing
stock
from
income
Additional
$368,959
179.610
—
Federal floor
of
United
99,502 ,170,947
356,407
226,174
"Capital
Surplus
Capital
...
.
admin.
profit
Prov.
..
-■
income from interest.
of Surplus^ Year Ended Dec. 31, 1942
.,V..
'
.21,927,081
11,373,014
Prov. for Fed. stamp tax on original
stock issue
38,300
Group Planned-
$9,557,142
Dec. 28. '40
24,319,559
Total income
$245,519
2.322.000
—
paid
4.
27, '41
Dec
28,911,001
6,481
•
•
Larger Distribution—
——-
$6,811,213
$3,553,145
——
♦Including $2,630 as
Dec. 26, '42
-
—
advertising
14,173
8,673
..
.
v
with
•
.
returns——— $43,898,514 $36,721,328 $33,376,272
less
against land and buildings not in
::
317,450
——233,115
securities
;
-—.—
sales,
Net
par), $1,495,000; surplus,
Kessler
tax
etc.-
securs.
——.—
inventories,
accrued
,
45,165
22,896
239,857
inc. tax)--—
for Fed.
Prov.. for
Gross
$201,510
$154,560
$451,163;
accrued
Federal
taxes, on income (less U. S. Treasury tax notes of $2,144,986), $502,289;
accrued State taxes, $98,206; accrued Federal capital stock tax, $19,500;
provision
(excl.
Taxes
286,058
—
invests.,
sale of
$1,123,879
$3,222,687
13,824
Liabilities—Accounts
V./';/:' 1940 ' K -1939
$7,454,715 $10,263,758 $9,181,433
280,886
250,707
301,636
dividends '-$4,335,071
from
Income
.
from regu-
$12,163; total, $5,467,408.
from
.
delivery, selling exp., includ.
non-current investments and receivables, $269,314; insurance
premiums unexpired, etc., $54,633; plants and equipment (less reserves
for
depreciation
of $1,212,561),
$1,310,539;
patents, (unamortized),
The
1941
1942
Cost of
93,825
$279,225;
common stock.
•Earnings for Years Ended Dec, 31
.
91.089
Consolidated
of the corporation's
-
76,461
92,255
t
,
142,221
and interest thereon.
..March
industry-to make certain
hoped-for economies; are
the
Consolidated Income Statement .'
52 Weeks Ended—
152,787
Assets—Cash,
;
was
held before the Commission on Dec. 2,
Commission's decision
on
the matter had not been
(
;
;
134,876
$888,646;
.
..
'
(& Subs.)—Earnings—
276,839
——
income
The
must
burdensome
.
baking
if.
carried
company
inventories
of
extremely
due consideration
be given to the matter of bread prices.
It is clear to those in
industry that price relief will be necessary and should not be
.unduly delayed," according to Mr. Russell.
Ward Baking has 888 of its men now serving in the armed forces.
—_
•Refund
the
the
will -be
will
goods sold—
Dividends
;;
report says,
profit margins
some
rise."
that
Cost of
profit——
penses,
which
on
higher flour costs
2,422,223
for
years
the
2,257,016
taxes
Net
the
with normal
the
and
announced
up to Feb. 1,
1943, ' As filed, the application provides that the cor¬
poration will give to the record holders of its preference stock at
least 10 days' prior notice -of its intention to make its initial purchase.
Number of Stockholders—At the end of the year 1942 there were
19,453 holders of the corporation's $3 cumulative preference stock and
'
647.
p.
the
ordered
indication
offset
4,581,459
credits
latter
This
application
,
157,
services.——V.
and
has
the
to
8.317,374
Reserve
Application for Permission to Purchase Preference Stock—On Nov.
10, 1941, the corporation filed with the SEC under the Public Utility
Holding Company Act, an application for permission to expend not
more than $2,500,000 over
a period of 12 months to purchase shares
of
its preference
stock in the open market.
A hearing upon this
holders
to certify
surplus
1943,
income
"with
sufficient
$2,808,647
operations—
Total
raises issues involving, among other things, the corporate
structure of the corporation,
including distribution of voting power
among its security holders and the justification for the corporation's
having more than one class of stock, as well as matters relating to
the continued existence of the corporation and its status as part of
,the holding company system which it is alleged to head.
Hearings in
this proceeding, as well as . on the corporation's own plan, have been
completed.
In a brief filed with the Commission on Aug. 1, 1942,
counsel for the Public Utilities Division of the Commission contended
that the voluntary plan submitted by the corporation should be dis¬
missed and that in lieu of any other action, the Commission should
order the
corporation to be dissolved.
Counsel for the corporation
have opposed both these contentions.
Oral argument was heard by
the full Commission
on Oct.
8, 1942, but as of Feb. 1, 1943, the
Commission had not
announced its decision.
Until the issues in
these proceedings have been finally determined, it will be impossible
to know what may be the requirements imposed upon the corporation
for compliance with section 11 of the Public Utility Holding Company
89,325
related
level,
1942
Replacements
which
permitted-to
are
Government
changes
costs
1942.
prices
$2,580,292
Federal
'proceeding
the
and
prices
in
at
$5,993,002
on
and
11(b)(1)
section
under
bread
flour
those
place
$11,959,121
Profit
permission of the Commission.
It has been the corporation's
that such a plan would satisfy, as to it, the requirements
of the Public Utility Holding Company Act and permit it to function
more
freely under the Investment Company Act of 1940.
Before
hearings were held on the plan, the Commission itself instituted a
1Kb) (2.)
the year
for
liabilities
1942
income
Other
position
corporation,
unless
not
above
production
take
1939
from
Inc.
the
the
and
far
bread
1940
profit
lar
v:
,
its
eventually
General and
express
against
approval of the stockholders
public accountants
corporation
March,
interfered
"Furthermore",.' prices' of
1941
——
Net
its
proceeding
perform
to
Depreciation
Company Act, a plan whereby, pending the diversi¬
portfolio, the corporation would refrain from voting
stockholder of the statutory subsidiaries, except as allowed by
a
the
assets
the
at
which
items.
operations—-
of
Taxes
Holding
of
and
oper.
Cost
securities in Columbia Gas & Electric Corp., Niagara Hudson
Power Corp.,
Public Service Corp. of New Jersey and The United
Gas Improvement Co.
(which under the Holding Company Act are
statutory subsidiaries of the corporation) to below 10'v
of the total
outstanding voting securities of each company, when and as such
disposition would be practicable.
Adverse market conditions have
made it impracticable to proceed with this program, and on March 4,
1941, as a supplement to the program, the corporation submitted to
the Commission
for its approval under section 11(e)
of the Public
Utility
of
United Elastic Corp.
voting
fication
submit for
will
Years End. Dec. 31—
,
by an order
public hearings,
after
1942.
Before
directors
accounts of
the
"levels
on
The
of
of Arthur Young & Co. as independent
statements
accounts
Securities and Exchange Commission—In
1938 the corporation notified the SEC, in response to an inquiry from
its chairman, that it was the intention of the corporation, as a regis¬
tered holding company under the Public Utility Holding Company Act
of 1935,
to diversify its portfolio and to reduce its holdings of the
Proceedings
board
The
available for the purpose of permitting
This action was taken to facilitate pay¬
preference stock and was pursuant to
it be
stock.
at
A.
security holders,
its selection
shall any charge'be..made.thereto for.any. deficit
for, any other purpose which will 'reduce this
amount equal to $45 per share of preference stock
an
C.
all of whom are members, of the present board of directors.
With the exception of Mr. Anderson and Mr. Dumaine, each of these
nominees has previously been elected a director by the corporation's
pur¬
prices
of
importune
not similarly controlled
the costs of production."
The most important question bearing on 1943 operating results has
to do with bread prices, Mr. Russell states.
In January, 1943, he says
an
added cost factor arose with the fixing of ceiling,; prices for flour
Sturges,
nor
nor
as
Kelley Anderson, John
J.
Burns, George L. Burr,
Frederic
Dumaine, Jr., George H. Howard, Bruce D. Smith and Wesley
surplus .Or
outstanding
following
O.
special meeting
a
the
elect
of
reductions
some
of
dally usage and labor costs were
and continued to move upward, thus adding to
March 3, the stockholders will
directors to hold office for the
held
freezing
number
a
items
10 stated in part:"
Feb.
on
be
20,
May
on
to
The
on
to
Russell, Chairman,
substantially
He adds that the company .has curtailed mileage
involved
-
meeting
the products," Faris Ft.
plants of origin of
beyond the minimum reduction ordered by the O. D. T.
ensuing year or until their successors shall be elected and shall qualify:
1942, the capital of the corporation
represented by the shares of the preference stock issued and out¬
standing was reduced from $50 per share to $5 per share.
The total
reduction, amounting to $111,992,048, was credited to a special capital
surplus which, under, the terms of an amendment to the certificate
of
incorporation concurrently adopted, is subject to the limitations
and restrictions that no dividends ,on common stock shall be paid out
stockholders
of
Meeting-—
annual
asked
be
due
Oct. 1, 1945, and $2,000,000 of the same series due Dec.. 1, 1945.
The
corporation also purchased during the year, U.' S. of America savings
bonds, Defense Series F, at a total cost of $99,900, and purchased and
subsequently surrendered for payment $960,000 of U. S. of America
Treasury certificates of indebtedness, Series A, Vz %, due Nov. 1, 1942.
Reduction
the
At
_
Changes in Portfolio—During the past year the corporation
chased $2,000,000 U. S. of America Treasury notes, Tax.Series C,
of
value
Thomas H. Stacey, Secretary,
portfolio of the corporation at Dec.
the
the
to
per
capital surplus arising from
reduction of
preference stock and $15,223,604 capital surplus.-
$111,992,047
Annual
»■
31, 1942, based upon
last quotations in
1942 on the New York Stock Exchange and the
New York Curb Exchange was 865,139,623.
The net unrealized depre¬
ciation at Dec. 31,
1942, based upon market quotations, was $83,.0,42,200., The net unrealized depreciation at Dec. 31, 1941, computed
in
tions
shares at stated value of $1
par
no
reports.
{(Includes
of
Stocks
of
by 14,529,491
Monday,. February 22, 1943
share.
After
to $2
this
Market
(Represented
20,
Jan.
on
Feb. 9, 1943, to stock of record Feb. 2, 1943.
dividend, dividends in arrears amounted
on
of
Indicated
on
FINANCIAL CHRONICLE
THE COMMERCIAL &
736
394,178
——
in
sales——
250,986
6,919.703
4.765.791
28,011,091
11.036J16
•All uncompleted
orders are for war purposes except repair
supply orders authorized by WPB for essential civilian uses.
Note—62of orders booked
and
during the quarter were for mechanical
cooling and 38C", related to war material for ordnance, marine and
other production extraneous to mechanical cooling.—V. 157,
p, 264.
@FedFRASER